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.
1
fiitanrial
mmm
Quotation
^upplemenl
(Monthly)
5treet.Railwaij Supplement ^mAmuony)
Investors Supplement (QuaneHy)
State and
[Entered aooordlng to Act of Congress, In the year 1900, by the Wiixiaji B.
Dama OoMrANT, In the office
SATURDAY. APRIL
VOL. 70
Ci^ Supplement (^Annuaii^
of the Librarian of Oongresa.]
NO. 1818.
28. 1900.
Week ending April
Clearings
PUBLISHED WEEKLY.
at—
1900.
1899.
1900
P. Cent.
21.
1898.
1897.
Terms of Subscription—Payable in Adrance:
For One Year
$10 00
For Six Months
6 00
13 00
European Subsoription (Including postage)
7 50
European Subsoription Six Months (Including postage)
£2 14 b.
Annual Subscription In London (including postage)
do.
£1 lis.
do.
BlxMos.
do.
Above subscription includes—
Stkeet Railway Supplement
The Quotation Sdpplbmbnt
STATE AND CiTT SUPPLEMENT
THB INVE8TOB3' SUPPLEMENT
Terms of Adyertisiug—(Per Inch Space.)
Transient matter
$4 20 Three Months (13 times) .$29 00
"
Six Months
ST ANDINO BUSINESS CARDS.
(26
).. 50 00
22 00 Twelve Months (52 " ).. 87 00
Two Months
(8 times)
I
|
.
.
Messrs. Edwabds <fe Smith, 1 Drapers' Gardens, E. O., will takesuboriptions and advertisements, and supply single copies of the paper
t Is. each.
DANA COMPANY,
Pine Street, Corner of Pearl
Post Office Box 958.
1.195.364.041 1.302.919.610
102,653,8441
97,727.075
38,164,200
83,895,053
26,068.817
26,767.238
4,966.180
4.593,780
2,849.690
2,759,741
2,840,72
2,811,689
2,4»9,nt9l
1.70l,9»8
1.1R7.040
972.485
1.419.96P
1,015.4.34
1.13S.315
876,59S
Philadelphia
Pittsburjf
Baltimore
Buflfalo
Washington
Albany
Rochester
Syracuse
Scranton
Wilmington
Biughamton
455.500
Total Middle....
Publishers,
117.961,900
6.194.200
2.434.487
1.409.913
1.196,230
New Haven
Street,
NEW YORK.
Worcester
Portland
1,.17»,832
956.923
73S,927
562.847
347,296
Fall River
Lowell
New
Bedford...
Total New Eng.
Chicago
Cincinnati
Detroit
Cleveland
.
Milwaukee.
CLEARING HOUSE RETURNS.
The following
Columbus
Indianapolis
made up by
telegraph, etc., indicates
bank
of
all
the
clearing houses of the
clearings
that the total
United States for the week ending to-day, April 28, have
been $1,722,842,133, against $1,856,898,178 last week and
$1,829,046,941 the corresponding week of last year.
table,
Peoria
Toledo
Grand Kaplds
Dayton
BvansviUe
Touugstown
Springfield. 111....
Lexington
Akron
Kalamazoo
Saginaw
Rockford
Retv/ma by Telegraph.
New Tork
Philadelphia
Baltimore
Chicago
St. Louis
New Orleans
Seven
Other
37,475,706
7.455,837
6 days
6 days
cities,
cities,
1900.
$882,522,092
104,015,972
78.840.697
20,274,412
108.932,921
Boston
Springfield, Ohio.
Week Ending April 28.
Clbabinos.
1899.
Canton
P. Cent
$980,261,039
120.820.426
-10
-17 7
71.162.409
+10-8
+10-1
+8-7
+10-3
+28-5
18,422,402
100.255.466
24.601,583
5,801,934
Tot. Mid. West'n
San Francisco
Salt
Lake City
Portland
Los Angeles
Seattle
Spokane
Tacoma
Helena
Fargo
Sioux Falls
Total Paolflo
$1,327,125,239
176,011,463
-7-4
+14-3
Kansas City
200,046.271
$1,429,563,407
$1,502,136,702
293,278,726
326.910,289
-4-8
-10-3
Denver
$1,229,517,136
Minneapolis
Omaha
Total
11
all cities,
cities, 1
Total
6 days
day
all cities
for week..
$1,723,842,133
$1,829,046,941
St.
Paul
Joseph
Des Moines
St.
-5-8
Davenport..
Sioux City
The
the week covered by the
above statement will be given next Saturday. We cannot,
of course, furnish them to-day, bank clearings being made
up by the various clearing houses at noon on Saturday, and
hence in the above the last twenty-four hours of the week
have to be in all cases estimated, as we go to press Friday night.
We present below our usual detailed figures for the previous week, covering the returns for the period ending with
Saturday noon, April 21, and the results for the corresponding week in 1899, 1898 and 1897 are also given. In
comparison with the preceding week there is an increase
in the aggregate exchanges of one hundred and forty six
million dollars, the gain at New York being one hundred
and fifteen millions. Contrasted with the week of 1899 the
total for the whole country shows a decline of 8*8 per
cent, Compared with the week of 1898 the current returns
record a gain of 68-8 per cent, and the excess over 1897 is 93-9
per cent. Outside of New York the increase over 1899 is 5*4
per cent. The excess over 1898 reaches 402 per cent, and
making oompariaon with 1897 the gain is seen to be 56'7 p. c.
full details of clearings for
Topeka
Wichita
Fremont.
Hastings
Tot. other West.
St.
Louis
New
Orleans
Louisville
Galveston
Houston
Savannah
Richmond
Memphis
Atlanta
Nashville
Norfolk
,
,
,
145.195,746
124,011,895
14.650,700
7,406,081
8,634,102
4,836.665
4.617,400
2,882,657
1,938,848
1,626,042
1,133.190
1.019.895
779.313
399.199
402,122
320,003
484.700
192,087,793
17,365.957
8,139,347
1.775,180
2.B84.068
2.198,8-3
1.168.474
966.785
469.003
263.174
113.198
176.653.781
17.408.989
2.190.306
1.601.281
1.695.449
1.754.751
1.085.046
701.216
575.136
236.212
110.386
29,044,968
16,038.633
10,017,124
6,926,287
4 682.480
3.590,176
4.500,000
1,898.346
665.120
1,032,626
739.127
591.162
135,292
164,381
27,367.771
John
Victoria
Vancouver
Total Canada
+160
-2 6
20,268,127
16,512.663
636.713.680
60,899.184
18.820,468
14,398,768
+8-1
+3-3
+28-4
+46-9
+22-1
+39-8
+30-0
+7-0
-6-5
—8-1
4.2.J6,950
8,5^,609
1.763.593
2.020.172
1.583.905!
1,120.244
1,363,437
1.008,188
+3 3
+13-5
-7-4
-.35-7
-205
—40-6
-4-3
-lP-1
-250
-8'3
+8-5
+6-2
+12-8
+14-3
+12-7
—1-3
+66
-2-0
+6-7
+8-8
+26-6
+331
+18-0
+13-9
+30-9
+8-9
-11-4
+30-4
+21*8
+1-4
+r-i
+8-7
-0-2
-2-3
+10
9
+52-4
+26-3
+7-6
+37-8
—18
3
+11-9
+2 5
+6 2
67,.'344,406
967.712
746,601
639,16a,109
88,260,218
4.636.700
2.174.967
1,380,878
1,166,592
1,354,681
1,023,620
858.717
503.123
408,041
97,490.463
99,158,283
12.268,400
6,291.917
7,146,276
4,571,917
4,081,000
2.471,863
1,749.182
1,492.254
969.832
743.572
862.411
267.338
370.000
337,482
322,000
369,226
198,375
228.6331
169.263
234.272
96,466.938
80,344,870
+27-2
-4-3
-0-1
+14-8
36.606.182
+14-6
+89-5
+o*a
+96-0
2071.074
3.f>90.983
S.603.850
3.099,420
3,186,435
1.477.808
1.940.439
793.757
537.688
665.329
800.000
641.000
566.862
447.573
286.666
+46«
+23
9
-[•63-0
+20
321 679
829.524
233.508
240.000
206,287
138.248
171.810
10,161.218
10.637.780
7.619.840
3.538.523
3.068.116
2.618,146
1.144,728
952.793
633,636
486.680
498.791
458.293
53.544
60,609
31,663,828
26.397 653
7.480,608
5.803.166
1 .813.600
3.101.006
1,977,900
2.019.703
1.592,851
1.148.789
938.000
060.303
677.902
641.110
32.426.693
7.954.297
7,374,082
2.184.950
2,314,857
2,053,313
3.498,130
1,581,389
1.497.907
1,192,826
1,190.714
656,663
532.138
754.031
681.264
463,000
882.714
828.657
233.460
-02
B,a4W,l«.s
8,991.659
3.704.40O
1.020.513
1.280.672
1.311.024
728.525
594.486
22,201,837
10.759.690
7.204,040
4,861,896
3.363,469
2.631.619
2.771,767
1.269,985
600.379
687.424
602,131
481.550
146.f22
127,313
39,104.061
+88 2
+94 9
+35 5
6,118,083
117.247.218
13.868.675
1.405.862
804,760
940.039
550.000
81.030.157
7.943.153
8.468.S64
2.180.500
2.660,000
-0*1
—46 9
+21-4
+15'8
lJ,4«H.8!'n
144.732,986
13,646.081
1.473.440
1,827,636
1.402.536
1.301.863
740.000
921,390
626,188
158.531
105,167
49.873.753
-15«
--84-2
840.606
736,257
314,800
743,0»6,56«
93,409.694
4.972,400
2,142,861
1,500,045
1.267.700
1.305,335
1.230,082
602,973
684,013
475.909
+380
-
f
365.1001
--29-6
--65-8
--14 2
Chattanooga
St.
628,188.254
7.734,269
3,573,803
4.012,H99
3.l05,7o0
2.440,713
1.900,270
1,254.818
850.616
638.025
461,606
69.648
121.374
Bock
Outside N. York.
Montreal
Toronto
Winnipeg
Halifax
Hamilton
482 860
283,116
266,807
260,314
271.867
-8-3
+5-0
13.030,2.35
Macon
JacksonvilleTotal Southern..
Total all
128,400.100
5.999,900
2,135,330
1,582.746
1,859,715
1.734,796
1.611,857
772.286
695.384
463,638
133.173.056
13t.516,990
15.562,450
8,356,013
9.868.144
5,450,679
4,656,800
3.073,677
l.POO.OnO
1.735,312
1,233.221
1.290.264
1,017,345
466.969
468.516
418.931
473.600
427.18«
369.8R0
324.122
863.893
293,902
Augusta
KnoxvlUe
Fort Worth
Birmingham
Little
428,500
1.379,609.236 1,474,866,151
Boston
Provideuce
Hartford
Springfield
London Agents:
W^IIililAM B.
New York
26.460,336
7.957.322
5.908,849
2,269.100
2.078.211
2,102.356
1,807,434
1,209,636
1,040 206
026,606
633.301
663,8.S8
416,420
460.000
116.058
86 643
+8 9
48«,.S01
644 871
- -41-6
--48-1
868.144
648,061
600.000
357.900
336.801
199.857
-11-8
+37-6
--36 2
--22^
414,181
440.000
288.026
848 275
830 181
67,180,923
78.109,383
898,178 1,930,448,423
661,634.187 627,528,818
+87
67,798,484
-3-8
,100.016.491
54.263.813
057,944 117
+5 4
471828,241
4a2.280.-i 37
14.119,019
8,677.605
1.626.662
1.216.472
826.804
603.666
612.063
696.610
+12-6
12.263.617
7,675,338
1,626.88«
1.169.7S6
611,343
574,620
9.399,846
6.767,120
842,051
1.116.890
593.946
23 921.4001
10 134 951
1 .856
12 343.846
9.607 912
1.643,406
1.160.000
786.153
524.913
382.184
744.673
26.982,487
28 278
9<tl
+10
8
-6'1
-5 6
—4-8
-131
456 599
-37-6
+6-9
-*•«
THE CHRONICLE.
812
THE INVESTORS' SUPPLEMENT.
[Vol.
ter, increasing
the
new
week by week
after the
year, instead of falling off as
is
LXX.
beginning of
usual.
When
The April quarterly number of our Investors' the current month's statement is made up by the
Supplement is issued to-day, and is sent to all our Government it will be found that April, too, has
subscribers.
The Supplement contains editorial further contributed to considerably enlarge the same
Hence, as Europe apparently owes ns more
ENLARGING YARD AND TERMINAL FACILITIES. than at any previous date, one easily, and we might
say naturally, would hold to the belief that exchange
THE EFFICIENCY OF BALLASTING.
will fall and we shall soon be receiving gold instead
RAILWAY SAFETY APPLIANCES.
articles
on the following topics
:
ECONOMICAL SPEED EFFICIENCY.
A NEW FORM OF CAR TRUST.
balance.
of exporting
of
THE FINANCIAL SITUATION
A noteworthy event this week
port of gold to Europe.
has been a small exLast week the steamship
it.
The misconception
the fact that the
many thus adopt arises out
public do not make sufficient also
lowance for our currency condition and its influence
as a disorganizing force, deranging the natural order
of things.
All who gave sufficient weight to this
latter feature probably agreed with our remark made
last week in the article above referred to that "gold
exports are sure to be an event not long hence unless
the trend of affairs is changed by some unseen influence ; " or, as we in substance said in our issue
of April
14 (page
that no trade
710),
balance
can control the movements of gold
so long as we continue our existing unscientific financial
arrangements.
"The public might
with as much reason show surprise at the creeks and
Buenos Ay res on Wednesday carried
$500,000 gold shipped by the London and Eiver Plate
Bank ; the bank had a remittance to make to Rio
Janeiro and it was cheaper to send the gold in the
way it did than from London. This week the National City Bank of New York had $500,000 packed
for shipment to Paris by Thursday's steamer, the
Bank of France having made advances free of interest
on the gold in transit. Neither of these remittances,
rivers for rising after excessive rains as to wonder at
it is rightly claimed, was strictly an exchange transaction, though in a sense the movement to Paris a rise in foreign exchange when a periodic stream of
came nearer to being one than the previous ship- currency is pouring into the money market from the
That, however, is Sab-Treasury and another stream of new national bank
ment, because rates ruled higher.
It hardly needs to be said
Both of them notes from the banks."
a matter of very little importance.
were profitable, the gold being needed and America that such a flood of fresh currency makes our money
being found the cheapest market in the world market unnaturally easy, the easiest in the world, and
If
we remember under those circumstances gold must flow out.
from.
gold
the
get
to
Fortunately on this occasion no one has reason to
correctly, nearly all of the last gold outflow from this
country, which occurred the first half of 1899, moved be disturbed over the outflow of that metal. At the
Certain same time we ought to remember that we cannot have
under special inducements or contracts.
parties needed gold to satisfy certain engagements, a currency that acts in conflict with or out of touch
and as exchange rates were so high in the United with the laws of trade without suffering for it. Our
States that they could obtain it at less cost here than standard of values is not endangered but our busielsewhere in the world they ordered it sent. Such ness interests are. It may be on this occasion the
There is one circumare likely to be the conditions under which it will movement will continue small.
move this year in fact, under which now-a- days it stance which not unlikely may arrest it. We refer to
generally moves; that is to bay, exchange advances the fact that the Sub Treasury outflow of currency is
until near the shipping point, then it happens that likely to cease soon, and then, under the present conone bank wants it more than another or one locality ditions of the Government revenue, there would be
more than the locality to which, if not deflected, it another drain upon our bank reserves to supply the
would naturally go, and so puts in a little higher bid, Government accumulations. If trade should increase
like the action of the Bank of France this week, and at the same time sufficiently to give employment to
the new bank note issues, money would probsecures it.
though
thus
far
outflow,
small,
note- ably become close again and the gold exports
We call this
That, however, is a special
worthy because it is instructive. Why is it that the would be arrested.
United States every year seems to be the cheapest and temporary form of relief which cannot be relied
market to obtain gold in ? Any one who has followed upon. There are reasons why possibly it may this
the reports of the foreign exchange market in the year fail us. We are already having a little set-back
It would not be unnatural if endaily journals will have observed that the prevailing to our prosperity.
feeling among dealers in exchange has been all along terprise in some measure was held in abeyance over
while rates were rising that no exports of that metal the summer months and until the election has been
were likely to occur, at least for some time. The determined; that would cause with a fixed currency
current week this opinion is less assertive because of always afloat in the same amount currency accumua further advance in exchange rates and because of lations at business centres, inducing a congested money
the action referred to by the Bank of France, market with the well-known effects.
which seems to have justified the latest movement.
Their previous views were probably influenced in a
Our stock market has again been greatly disturbed
measure by the condition of our trade
with and very irregular, closing the week, however, with
clearly
set
out
world,
by
us
outside
in
our columns somewhat higher prices and an improved aspect. This
the
It
last week in the article on ** foreign trade conditions irregularity has prevailed for a considerable time.
and high rates of exchange.'* We showed there what is due to the action of the antagonistic conditions exan immense balance the United States had by a contin- isting one tending to caution and the other to buoyuous movement piled up during the last year and a quar- ancy. Losses and disreputable developments of rewhich
sailed for
—
—
—
—
April
THE CHRONICLE.
28, 1900.]
cent weeks and months, some even dating back to the
middle of last year, have produced a wide state of
acute sensitiveness, making those who would break
the market and the quondam purchasers alike timid.
A well organized raid consequently finds few buyers
to meet the free selling until prices drop so low as to
attract the strong holders; but when the shorts seek to
cover their sales they find very little|atock|on the market.
These destructionists are also confronted by such a business situation and such continued large earnings that as
a rule they discover the product of the raid has been
813
property through the purchase of the stock and the
income bonds. This is a plan which promises to
prove mutually advantageous and is open to none of
the objections which would exist against the building
of an independent line.
The Pennsylvania
offers 18
for
the
per
share)
stock
and
$50
30
for
the
income
($9
bonds.
President De Coursey and the Board of
Directors,
who recommend
the terms "
the acceptance of the plan,
and fair," and this accords with
many, indeed, thinking them
liberal.
As there is $20,000,000 of Western New
to dislodge very little long stock; hence prices recover York & Pennsylvania stock and $10,000,000 of the
rapidly, best properties often rising higher than ever income bonds, the cost of the purchase to the Pennbefore.
Then again the market possesses a good many sylvania if all holders should accept the terms would
The property was
uncertain elements, making, with the sensitiveness be, roughly, 6^ million dollars.
foreclosure
just
about five years ago,
we have referred to, a prolific and promising field for reorganized after
the creation and circulation of rumors. The iron and under the excellent management of Mr. De Courand steel trade is still in an undefined condition; sey has been placed in good condition, as is evident
whether values are likely to moderate or whether they from the fact that its business is done on an average
will be
kept at the present high level
is
as
much
of a
call
just
the general opinion,
freight rate of less than 4^ mills per ton per mile.
American Sugar Kefining and The Pennsylvania, with the additional traffic it will
our city gas stocks furnish two capital objects for be able to throw over the line, will doubtless be able
giving wings to false reports and scaring the shorts to make the investment a paying one. As far as the
Both have this week security-holders of the Western New York & Pennsylinto covering at high prices.
conundrum
as
ever.
been used as active agents for lifting the whole stock
market to a higher plane simply through the circulation of rumors of the settlement of the sugar and
the gas wars which have been so long in progress,
each within its own circle, which rumors were on each
occasion positively denied by those most closely connected with t le companies concerned.
acquisition •f the Western Kew York
Pennsylvania
Kailway
by the Pennsylvania Eailroad
&
is a natural development of the existing railroad situation and a logical sequence to the relations between
The Pennsylvania at present has terthe two roads.
mini at a number of important points on the lower
Lakes at Toledo, Cleveland, Ashtabula, Girard
and
Junction, Erie
Sod us
Point.
It
has,
The proposed
—
however, no line of its own to Buifalo, in some
The
respects the most important point of all.
Western New York & Pennsylvania,
on
the
other hand, provides this needed line to Buffalo'and
possesses the additional advantage, from the Pennsylvania standpoint, of connecting with the Pennsylvania
system at several localities. In other words, it furnishes a natural extension of the Pennsylvania line to
the important lake centre mentioned. As a matter
of fact the Pennsylvania has for a long time availed
of the Western New York to reach Buffalo. But such
an arrangement is, for obvious reasons, unsatisfactory,
more particularly as the Pennsylvania is made dependent upon a route over which it is not in position
to exercise control. Furthermore, recent developments
have tended to emphasize still further the importance
of having a road to Buffalo. The Pennsylvania, as will
be recalled, lately purchased the stock of the Erie &
Western Transportation Company, which runs a fleet
of steamers to Buffalo.
Moreover, it is pointed out
that the proposed establishment of large steel works
and other industrial establishments in that city will of
necessity draw a large amount of coal and other traffic
from points on the Pennsylvania Railroad system,
making the company anxious to secure for lines in
its own interest the profits resulting from the transportation of this traffic to and from Buffalo.
The upshot of the matter is that the Pennsylvania
managers have now offered to buy control of the
vania are concerned,
it is
advantage of the
to take
obviously to their interest
offer.
Through the kindness of the officials of the Central
Railroad of New Jersey, we have been favored with some
regarding the company's operations during
the calendar year, supplementary to those contained
in the company's annual statement published a short
statistics
time ago.
These
statistics
bring out very clearly two
striking facts in the recent development of this prop-
which is being
effected in the company's traffic, and the increasing
economy and efficiency with which the property is
being operated. In 1895 the tonnage was pretty nearly
evenly divided between coal and other freight that
erty,
namely
the
diversification
;
is
to say, the
tons
of
company moved
coal
in that
and 5,784,510 tons
year 5,736,912
of
merchandise
Iq the interval since then the coal traffic
has risen to 6,304,801 tons, but the merchandise
freight has increased to no less than 9,879,528 tons,
the gain being due to the development of local industries along the line of the road, to foster which
extra tracks have been built, especially in Newark
The total traffic has been augand at Kill von KuU.
mented from 11,521,422 to 16,184,329 tons. Stated
in another way, while anthracite coal furnished about
50 per cent of the total traffic in 1895, in 1899 the
anthracite tonnage, though having increased, constistituted less than 40Jper cent of the tonnage handled.
As showing the increased efficiency with which the
road is being operated, we may note that though since
1895 the tonnagej movement one mile has expanded
from 1,041 million tons to 1,312 million tons, this
larger traffic in 1899Jwas handled with a train milefreight.
age of only 3,811,562 miles, as against 4,605,312 miles
In brief, in the four years the average train
in 1895.
load has been raised jfrom 226 to 344 tons. This enlargement of the train load is the more noteworthy
as, owing to the increase in proportion of merchandise freight moved, the average length of this haul
has been materially lessened the last three years.
It should also be stated, that the company's new equipment was in use only during the last half of 1899.
We need hardly add that the great improvement in
results is due to the heavier locomotives and larger
THE CHRONICLE.
814
[Vol.
LXX.
which the compauy is now using and to changes loans were augmented $5,800,900, while the deposits
As was were increased only $8,300,900. The Bank of Comin the methods of handling the business.
noted in the annual statement, the company durina; merce showed large gains in loans, cash and deposits,
1899 destroyed 14,904 of its old four-wheeled coal as a result of the transfer thereto of the business and
cars, and replaced these old cars with 2,500 new cars assets of the National Union Bank.
The exchanges
of 80,000 lbs. capacity.
What a saving this means of refundable bonds for 2 per cents, up to the close of
can be seen when it is remembered that one of the Thursday, amounted to 1257,194,250, of which 1213,new 40- ton cars will hold as much freight as six of the 144,100 represented applications from banks and $44,The amount thus far paid
old 6-ton cars. The saving in dead- weight alone for 050,150 from individuals.
for
to
premiums
is about $26,000,000.
8,500
on
refunded
bonds
each 40-ton car so substituted amounts
lbs.
If we multiply this latter figure by 3,500
Money on call has loaned during the week at the
(the number of new 40-ton cars acquired) we
find that the aggregate saving in dead weight on the Stock Exchange at 2^ per cent, and at 2 per cent,
new cars is 10,635 tons every time these cars are with the average about 2^ per cent. On Monday and
hauled over the road. The trains now contain on an on Tuesday loans were made at 2^ per cent, and at 2
average only 30 to 35 cars, whereas when the old per cent, with the bulk of the business at 2^ per cent.
light- capacity cars were used the number was 160. On Wednesday and on Thursday the transactions were
One effect of the change is that the company finds its at 2| per cent, and at 2 per cent, with the majority at
On Friday loans were at 2^ per cent,
side tracks and yards more than ample to handle the 2^ per cent.
business, whereas formerly there was an almost con- and at 2 per cent, with the bulk of the business at 2^
stant demand from the operating department for ad- per cent, ^anks and trust companies quote 2 per cent
ditional track and yards. Twenty-three miles of track as the minimum, though early in the week bank loans
have been saved by the use of the big cars and this were generally at 2^ per cent. Not much business is
done in time- contracts, the offerings being liberal for
room is now available for terminals.
short dates and only moderate for long periods, while
The Pennsylvania Eailroad statement of earnings the inquiry is largest for the latter and small for the
for March was issued yesterday afternoon and reformer.
Quotations on good mixed Stock Exchange
cords another very striking augmentation in earnings,
collateral are 3 per cent for sixty to ninety days, and
showing how this great system is sharing in the exist3^@4 per cent for four months or for longer periods,
ing prosperity in trade.
On the lines east of Pitts- the rate being governed by the character of the
burg and Erie the addition to gross receipts has security. Only a small business is doing in combeen
while on the lines west of mercial paper among the city banks, the buy$1,194,000,
cars
Pittsburg
making
there
is
a further addition of $608,100,
a total improvement of $1,802,100.
This is
not as heavy as the gain reported for February, but
the comparison at that time was with the period
of the blizzard last year.
These figures, as we have
often pointed out, do not embrace the results on the
lines controlled but separately operated.
"With these
included the aggregate gain would be even heavier;
but even at $1,802,100, the increase is at the rate of
over 21| million dollars a year. The improvement in
gross receipts was attended by an augmentation of
$739,000 in expenses on the Eastern lines and an augmentation of 1521,300 on the Western lines. Allowing
for the higher expenses, net still shows $455,000 improvement on the Eastern lines and $86,800 on the
Western lines, or $541,800 together. We furnish below a comparison of the gross and net for the Eastern lines for six years.
EAST OF
Pittsburg.
lilKBS
1900,
1899.
1898.
1897.
1896.
1895.
March.
t
t
$
Gross eamlnKS.... 7.014.932 5,820,932 5,438,332 6,064,782 5.253,932 6,138,532
Operat'g expenses 4.922,210 4,183,210 3,803,410 3,444,810 3,661,310 8,619,910
Net earnings..
2,092,722
1,637,722
1,635.922
1,619,922
1,692,622
1,513,622
Jan. 1 to Mar. 31.
Gross earnings
19,592.637 15,701,937 15,356,937 14,306,637 14,893,737 14,231,437
Operat'K expenses 13,866,217 12,034,817 11.209,117 10,267,117 11,134,217 10,587,517
Net earnings..
5.726,320
8,667,120
4,147,820
4.039,520
8,759,620
3,643.920
Open market discount
rates at the chief European
centres remain firm and practically unchanged compared with those of last week, and there has been no
alteration in the oflacial rates, though the strong tone
London has given rise to some expectation that the
Bank minimum will be advanced next week. The
statement of the New York associated banks last week
at
was quite fav( rable, showing an increase of $6,019,300 in the cash and of $3,944,075 in the surplus reserve, the latter
now standing
at $14,894,350.
The
by out-of-town institutions,
chiefly in Eastern cities. The local banks are meeting
the wants of their customers instead of buying paper,
and moreover many of them are looking for a better
demand next month, when there is usually a good inquiry from merchants for accommodation. This season
there is expected to be quite a large amount of mercantile borrowingj owing to the somewhat unsatisfactory
trade conditions. These conditions are more or less
affected by labor troubles, by depression in some industries and by the approach of the Presidential canvass.
Rates for paper are 4 per cent for sixty to ninety day
endorsed bills receivable, 4@4^ per cent for prime
and 5@6 per cent for good four to six months^ single
names.
ing being
principally
The advance
of the British
army
for the relief of
Wepener, which began last week, has continued this
week, and though retarded has been unsuccessfully
General Bundle and General
resisted by the Boers.
Pole-Carew succeeded in capturing Leeuw Kop April
pursued by Gen
22, the Boers hastily retiring,
April 25 De Wet's
French's cavalry division.
Dorp was occupied by General Chermside without opThe indiposition, the Boers evacuating the place.
point
seemed
to
to
an
effort
then
by
General
cations
Roberts to corral the Boers, and with this object
there was a general forward movement which caused
the evacuation of De Wet's Dorp, as above noted, the
Boers making their escape before the arrival of the relieving force, and defeating the effort to entrap them.
They were, however, closely pursued by General
French and General Rundle. 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 4^ per cent. The
open market rate at Paris is 3^ per cent and at Berlin
eral
@
April
.
1
.
THE CHRONICLE.
28, 1900.]
815
The rrar4f @4i^ per cent. According to our gold exports to London were expected.
continued firm for the
special cable from London the Bank of England ket
greater
part
of
gained £752,531 bullion during the week and held the following day, growing
slightly
in
easier
£32,668,465 at the close of the week. Our correspond- the afternoon, but it was not quotably lower at the
ent further advises us that the gain was due to £713,- close.
On Wednesday, however, offerings of exchange
000 net received from the interior of Great Britain, to which had seemingly been held off the market, caused
the import of £75,000 (of which £70,000 were from a recession of one-quarter of a cent in the rate for
and Frankfort
it is
Germany and £5,000 from
of £35,000, of
to
Australia) and to the export
which £20,000 were
to Brazil
and £15,000
actual business to 4
for short
84J@4 84^ for long; 4 88@4 88^
and 4 88|@4 89 for cables. The market was
steady at the close, and it so continued on the following day at unchanged rates. The tone was firm on
Eoumania.
on Friday at an advance of one- quarter of a cent for sterMonday, and then there were indications that gold ling and of 1-16 of 1 per cent for francs. The followmight be shipped to London before the close of the ing shows daily posted rates for exchange by some of
week. There were, however, greater probabilities of a the leading drawers.
DAILY POSTED BATES FOR FOBBION BXOHANOB.
movement first to Paris, for francs were exceptionally
The announcement on Wednesday of preparstrong.
pri..
MON., Tins., Wed.. thttr., FBI..
Apr. 20. Apr. 28. Apr. 24. Apr. 85. Apr. 26. Apr. 27.
ations by the National City Bank to ship $500,000
60 days. 4 85
86
86
85
85
86
{sight..., 4 89
89
gold to Paris by the steamer sailing on Thursday Brown Bros
89
89
89
99
Baring,
60
days.
484^
86
5
86H
85^
85^
therefore occasioned no surprise. It seemed, howMa^oun & Co., {sight.... 488«
89
89«
89)^
89H
Bank British
60 days, 48S
85
85«
86
86
ever, to have had a direct influence upon the market
No. America,., {sight.... 4 89
89
89)4
89
89
mi
60 days. 4 84M
of
80
85
84J6
85
85
for sterling, causing a slight fall in rates, and indica- Bank
Montreal
Sight...
488)4
89
89
88J^
89
89
Bank 5 60 days, 4 84H
8S
86
85
85
S5
tions of selling of sight bills, which had been appar- Canadian
oi Commerce. {sight.... 4 88>i
89
89
89
88
8»
Ick 60 days. 486
85
85«
8M«
86X
ently held off the market in expectation of a further Heldelbach.
§5^
elhelmer & Co. {sight.... 4 89
89
89
89
89
85
86
85
86
advance. These bills were, however, promptly ab- LazardFreres... J 60 days, 4 84^
86
{sight,... 488H
89
80
89
89
89
the tone grew firm Merchants' Bk. 5 60 days, 4 84X
85
sorbed and by Thursday
85
85
85
86
of Canada
{sight.... 4 88}^
89
89
89
89
89
Then there seemed to be less probability
again.
The market closed firm on Friday, with rates for
than before of gold exports to London this week beactual business 4 84^@4 84| for long, 4 88i@4 88^
cause of the fact that the steamer sailing at the end
for short and 4 89@4 89^ for cables.
Commercial
There appears to be no relaxof the week was slow.
on banks 4 84 @4 84:^^ and documents for payment
ation in the demand for remittance. The inducement of a difference of from 2^ to 3 per cent money 4 83|@4 85 ; cotton for payment 4 83i@4 83f ; cotton for acceptance 4 84 @4 84^, and grain for paybetween settlements in London commanding 5 per
ment 4 84|@4 85.
cent and money here loaning on call at
per
The
foreign exchange market was quite
stroc g
5
5
I
J
5
—
2@2^
—
cent is so great that bankers are eager to obtain bills
for remittance, thus absorbing all offerings, and the
urgency of the inquiry tends to keep themartet firm.
Though money is in active demand in London, the
Bank of England has shown no disposition as yet to
attract gold from New York by offering to pay a
The
following gives the week's movements of
to and from the interior by New York banks.
Week Ending April
27, 1900.
Received
iyy
Shipped by
Net Interior
Movement.
N. T. Banks. N. T. Batiks.
Cmrency.
Sold
higher price than 77s. 9d. per ounce for gold bars and
The above-noted
76s. did. for American eagles.
Total gold and legal tenders.
money
t7.883,000
949,000
»2.705,000
496,000
Gain. 14,678.000
Gain.
458,000
88,333,000
$3,201,000
Gain. $5,181,000
With the Sub- Treasury operations the result is as
shipment to Paris is said to have been justified
follows:
by the strong tone for French exchange on Paris and
Into
Out of
Net Change in
Week BnMng Apra 27, 1900.
by the offer of the Bank of France to allow advances
Banks.
Banks.
Bank Holdings.
on gold imports without interest. It is noteworthy
Banks Interior movement, as above $8,832,000
$8,201,000
Gain. $6,131,000
that though sterling fell off on news of the shipment Sub-Treasury operations
19,400,000
17.000,000
Gain. 1,500,000
Total gold and legal tenders.
of gold to Paris, francs remained firm at unchanged
$27,732,000
$31,101,000
Gain. $6,631,000
rates; this was due probably to the special induceThe following table indicates the amount of bullion
ment offered by the consignee of the gold to forward In the principal European banks.
Moreover, the amount of the intended
reported was $250,000, and this was
later increased to $500,000, indicating that advices
were awaited from Paris before definitely deciding
upon the amount to be expoited. The gold was
the metal.
shipment
AprU
first
Bank
England
Vance
Germany*
American coin taktn from the vaults of the City Bank.
Gold received at the Custom House during the week,
$68,446, of which $19,446 was from London. The
Assay Office has paid during the week $479,538 44 for
foreign and $742,206 93 for domestic bullion.
Nominal rates for exchange were 4 84^@4 85 for sixty
day and 4 88|@4 89 for sight on Monday. On the fol-
Apra
26, 1900.
37, 1809.
of
Eussla
Aus.-Hung'yt'
Spain
Italy
Netherlands..
Nat.Belg'm*..
Qold.
Silver,
Total.
Qold.
sutler.
TotaL
£
£
£
£
£
£
82,668.466
33.668,465 81,371,923
81,371,933
77,776,767 45,373,371 123,149,188 72,731,694 48,391,970 120,013,664
27,122,000 13,971,000 41.003,000 28,826,000 14,850,000 43,676,000
84,660,000 7,283,000 91,843,000 97,123,000 6,023,000 102,146,000
87,610,000 9,637,000 47,237,000 80,044,000 10,476,000 40,630,000
13.689,000 15,693,000 29,882,000 11,654,000 12,565,000 24,219,000
15,478,000 1,612,000 17,090,000 16,401,000 2,759.000 18,159,000
4,868,000 5,954,000 10,822,000
3,835,000 6,851,000 10,686.000
2,013,000 1,457,000
4,370,000
2,049,000 1.475,000
4,424,000
Tot.thls wees 296.685,288 10096937 397,654,603 398.825.617 103289070 896,115,487
Tot. prev. w'k 293,316.701 99,728.871 393.046,072 394.464.136 101125875 3(I5.690,011
+
The Austro-Hnngarian Bank Statement is now Issued in Kronen and HelGulden and Kreutzer. The reduction of the former currency to
£ was by considering the Gulden to have the value of 50 cents. Ai
ler instead of
lowing day they were advanced to 4 85 @4 85^ for the the Krone has really no ereater value than 20 cents, our cable
correspondent in
lK)ndon, In order to reduce Kronen to £. has altered the basis of conversion by
for the former and to 4 89@4 89| for the latter. Rates dividing the amount of Kronen
by 24 instead of 20.
*
dlvlfllon (between gold and sUver) given in our table of coin
for actual business opened on Monday at an advance andThe
buUion in the Bank of Germany and the Bank of Belgium is made
of one- quarter of a cent all around, compared with from the best estimate we are able to obtain in neltner case Is It
claimed to be accurate, as those banks make no distinction in their
weekly returns, merely reporting the total gold and sUver, but we
those at the close on Friday of last week, to 4 84^
beUeve the division we make is a close approximation.
4 84f for long, 4 88i@4 88^ for short and 4 89@4 89^ for
NoTB.— We receive the foregoing results weekly by cable, and while
not all of the date given at the head of the column, they are th©
cables.
The tone was strong and, as above noted, returns issued nearest to that date—that is the latest reported figures.
sterling
;
I
THE CHRONICLE.
816
[Vol.
LXX.
such State at large by direct vote of the people; a^
plurality shall elect, and the electora shall have the
TIONS.
qualifications requisite for electors of the most numermoTethe
of
ous branch of the State legislature." Similar proIt is a little curioas that a renewal
rather
Senators,
United
vision was made for the filling of Senatorial vacancies.
ment for popular election of
This proposed legislation was moderate enough
more formidable than any previous movement of the
kind, should have occurred at a time when the eon- and, as it proved, too moderate to suit the House*
dact of the Sanate as a whole has in large measure substitute was at once proposed, providing that the
THE QUESTION OF SENATORIAL ELEC-
;;
A
In the period from 1889 to
1897 the mischief done in our national legislation by
the Senate as an institution sharpened the edge of
The attitude of the House of
hostile criticism.
on pressing questions of pubEepresentatives,
reassured
lic
it
its
finance,
was
critics.
shifted
found,
from
during
that
year
to
period,
year.
that
But
when
Senators from every State "shall be elected by a
direct vote of the people thereof." In other words,
the power of State legislatures to elect was unquali-
The House divided on the substitute,
passed by a vote of 135 to 30. On the bill aa
amended by the substitute the submission of the Con-
fiedly cut off.
and
it
stitutional
amendment was endorsed on April 12 by
financial
the very extraordinary vote of 242 to 15.
most reckless in
with
co-operate
The recent events to which we have referred as the
legislation, the Senate was ready to
towards
over
probable
swung
cause of the action by the House are very
it, and that when the House
conservative and remedial legislation, the Senate much in point. So far as the prestige and character
could safely be reckoned on for obstruction. It was of the present Senate are concerned, its action on the
the
House
was
its
the Senate of 1890 which attempted to substitute for
the House Currency measure a flat free-coinage bill.
It was the Senate of 1892 which again passed a free-
disputed elections of Clark of Montana and
Pennsylvania
Qaay of
In both, the decision had been regarded as in doubt, and in both the
methods
deliberate
conclusion reached was in accordance with the strictcoinage law which only the more
pnrsued by the other chamber prevented from enact- est sense of justice. The committee to which the
ment. It was the Senate of 1893 which for six weeks Clark case was referred voted unanimously last week,
held up by dilatory tactics the Act repealing the mis- in disregard of party affiliations, that the Montana
chievous silver-purchase law. It was the Senate of Senator had forfeited his claim by the corrupt prac1894 on which rested the unpleasant scandals of the tices employed in gaining the vote of the State legisIn the matter of Mr. Quay, the full Senate
season's tariff legislation, and it was the Senate of lators.
blocked
effectively
most
which
voted, by a maj ority of one in a body where the party
that year and the next
all efforts to relieve the Treasury, and surrounded the of the Senator in qaestion predominated by a plurality
Administration's measures with every sort of embar- of 14, that when the Legislature of his State had rerassment.
fused to elect, the Governor was not entitled to award
We do not assume that these curious incidents the seat. Each action was high tribute to the probity
bore directly upon the question of popular rather than of the organization; but the very evidence which
It is quite probable led to the two decisions was enough to prove the main
legislative choice of Senators.
period of depres- contention of the adherents of popular election.
unrest
of
the
that in the political
sion, a popular vote would have chosen exactly simiThe evidence published in the case of Senator Clark
Nevertheless, the very was open, indisputable and almost cynical admission
lar legislators for the Senate.
widespread discontent of the period with the Senate's that in at least some States millionaires are willing to
methods and practices, and the feeling of personal put fortunes at the disposal of agents buying legislawrong so keenly expressed by the larger communities, tive votes. That the Montana Senatorship was purought, it might be supposed, to have added force to chased from the Legislature, as it certainly could not
the argument for an altered method of choosing Sen- have been purchased from the voters as a whole, was
Yet the criticism of 1895 and 1896 began and conclusively established by Mr. Clark's opponents,
ators.
ended in words; definite action in the matter was re- and was, indeed, admitted by his friends. The only
served for a time when the Senate really seemed to serious contention of his advocates appears to have
resume much cf its old-time statesmanship and con- been that the candidate himself did not offer bribes
servatism when the agitator sank to an obscure place to the Montana legislators, but merely entrusted some
in its discussions, and when, in short, it filled its con- $100,000 to agents who were shown to have used the
stitutional purpose in public debate on the great ques' money for that purpose.
To the mind of the plain
tions of the day.
citizen the distinction will probably seem wholly imIt may be presumed, however, that the overwhelm- material.
The plainly-recognized danger lies in the
ing majority by which the House two weeks ago existence of legislatures holding the power of election
adopted the bill for submitting the requisite Consti- and ready to yield to the temptations of bribery, and
tutional amendment to the people was immediately in the simultaneous existence of candidates ready to
occasioned by some recent Senatorial events bearing provide, directly or indirectly, the requisite corrupdirectly on the subject.
The change proposed by the tion fund. When these facts are conceded everything
House bill is sufficiently radical. The committee on the is conceded.
election of the President and Vice-President and ConThe case of Mr. Quay illustrates another always
gressmen submitted a Constitutional amendment de- possible evil of the system of Senatorial election
claring that the two Senators from each State "shall by legislatures an evil, moreover, wholly imposbe chosen by the legislatures of the several States (as sible if the proposed Constitutional amendment of the
at present), unless the people of any State, either House were enacted into law.
The early balloting of
through their legislature or by the constitution of the Pennsylvania Legislature of 1899 showed the opthe State, shall provide for the election of United position to Senator Qaay to be so great as to prevent
States Senators by direct vote of the people; then in his re election. His adherents thereupon bent their
such case United States Senators shall be elected in energies to preventing a clear majority for any other
is
highly creditable.
—
—
April
THE CHKONICLE.
28, 1900. J
The
817
Telegraph & Telephone Company, tne last named
ture adjourned without choosing a Senator. The being an organization entirely distinct from the Bell
Governor appealed to the Constitutional clause that Company, but holding a majority of the shares of
"if [Senatorial] vacancies happen by resignation, or several of the licensee corporations. These acquisiotherwise, during the recess of the legislature of any tions were accompanied by reports of the purchase by
State, the executive thereof may make temporary the same company of still other independent comappointments until the next meeting of the legisla- panies, as those in Kalamazoo and Muskegon, and by
ture," and on this basis appointed Mr. Quay.
rumors since confirmed that the independent comThe Senate, last Tuesday, appealing to numerous pany in New Orleans was about to pass into the posprecedents, denied the contention on the very plain session of the Cumberland (Bell) Telephone & Teleground that the vacancy in Pennsylvania did not graph Company.
happen during the legislative recess, but during
These steps were naturally assumed as taken for the
open session, and was therefore not subject to purpose of forestalling the plans of the most aggresBut as bearing on the sive of the new opposition companies, viz., the Telethe clause invoked.
question of popular election, the striking moral phone, Telegraph & Cable Company, and it was even
incident lies in its proof being questioned whether that company had not been
of the Pennsylvania
that the system of Senatorial choice by legislature checkmated thereby, when it was officially announced
may easily be made to defeat itself. The Clark that the company itself had become the owner of
case proves that the method cannot ensure an honest more than half of the ten millions stock of the Erie
choice ; the Quay case proves that it cannot ensure Company already mentioned. Through this purchase
any choice at all, and that a party controlling the control was secured of the companies holding exchoice by a governor may actually name the Senator clusive licenses under Bell patents to operate in
by mere legislative obstruction. Taken together, the Michigan, Wiconsin, Minnesota, North Dakota, South
argument these two incidents present against the Dakota, Arkansas, Texas and in Cuyahoga County,
It does not Ohio, including the city of Cleveland;
present system is
overwhelming.
in other
appear to us that Mr. Hoar's recent assertion words, throughout large areas in the very heart of
that change in the method of selection would the Bell system.
That sjstem on March 20 had
involve the sweeping away of Constitutional re- about 850,000 telephones in the hands of its licensees;
straints,
Mr. Depew's arguments that the the direct management of no less than 115,000 of
or
average Senator is high in character and not these, located in 2,300 cities and towns, was thus
immensely wealthy, touches the point at issue. Ad- transferred to the Telephone, Telegraph & Cable
vocates of the change contend, with much show of Company.
justice, that Constitutional restraints have beenjlargely
This last transaction has therefore given rise to a
swept away already by the altered character of State number of important questions namely, has the Cable
legislatures.
They might add, in reply to Mr. De Company surrendered to the Bell, or has the Bell
pew's contention, that great ability cannot purge a Company been taken unawares, and will its longSenator from the wrong of having bought his seat or distance service to and from points covered by the
relieve the public from its incidental dangers, and purchase be in danger of interruption or of being
that the relative lack of unscrupulous millionaires in made less efficient? And can and will the Cable Comthe Senate of 1900 proves absolutely nothiag as to pany use its acquisitions as the nucleus of a system
the chances of the future.
with which to fight the Bell? Will it encourage the
independent companies within the States named to
AMERICAN BELL TELEPHONE COMPANY. tbe possible detriment of the Bell licensees also within
Article Five—Important Developments.
its control?
Is there a possibility of the Bell intercandidate, and in this they succeeded.
Legisla-
—
Since the publication of the last article*, in which
we discussed the plans of certain large companies for
ests
competing with the Bell Telephone Company, events
unlocked for and to many persons seemingly inexplicable have taken place.
So far as we know no
satisfactory explanation has been given the public
either to account for the occurrences themselves or to
show in what respects they affect the interests of the
security-holders in the various companies involved.
disastrous for security- holders?
in
attempting to establish another set of exchanges
the sections named, thereby precipitating a fight
The notion
that the Cable
Company has
literally
'"surrendered" to the Bell interests or has all along
been in league with them cannot, we think, be entertained; the character of the men behind the new com-
pany
not of a kind to favor that suggestion. Moreover, if reports are true, the officers of the American
The first surprise came in January, when with the Ball Telephone Company were not a little disturbed
large independent companies actively negotiating: for by the course of events, though if displeased by it
the control of numerous local competitors of the Bell, they have themselves to thank, for it is well known
came the word that two of them, ranking among the the Erie stock was offered to them before its sale to
in size, had been sold to the Bell interests.
These were the Detroit Telephone Company, having
5,200 subscribers in Detroit, and the allied longdistance company, the New State Telephone Com
pany, claiming between 4,000 and 5,000 subscribers
and the ownership of exchanges in upwards of forty
Michigan cities and towns, including Jackson, Ann
Arbor and Port Huron. The purchaser was the Michigan Telephone Company, operating under license
from the Bell Company but controlled through
ownership of a majority of its stock by the Erie
first
•InV. 69,p. 1222.
~
is
Some
the Cable Company.
a little
inclined to
Bell stockholders are not
the lack of enterprise
>vhich permitted the stock-control of such important
licensee companies
criticise
to
slip
into the hands of strong
outsiders.
On
the other hand, the parent Bell Company and
the persons holding securities of its aforesaid local
companies should have no reason to fear any serious
change in the intimate relations hei*etofore existing,
provided the contract between the Bell and its licensees can be sustained in the courts.
This statement
is confirmed by examination of the form of contract.
THE CHRONICLE
818
[Vol.
LXX
from which we learn that the agreement is "per- caring leas for the cause of independent telephone
petual," and that it gives the licensee conforming to its companies than for a participatioa in the profits of
requirements exclusive rights to operate under the
No matBell patents within the specified territory.
ter to whom the stock of the local companies may
belong, the parent organization is compelled to leave
them in sole possession of their respective fields, with
the two provisos that long-distance lines may be built
the telephone business, into this acquisition of Bell
properties.
President Glidden, of the Erie Company, is quoted
as saying on the occasion of the recent sale of his
company's stock that the Cable Company "will
probably be one of the largest owners of electrical
therein under Bell auspices for the use of the licen- (telephone and telegraph?) properties in the United
see's subscribers,
and further that
in case the licensee
States
when
its
plans are fully developed."
How
these
handle satisfactorily the long-distance business plans are to be worked out is not clear. As controlin and out of its territory, the Bell Company may ing the Erie Company the new interests are not of
establish its own "oflBces and truak and radiating course debarred from operating in opposition to the
fails to
Company
lines for this purpose."
Bell
company, moreover, if the contract be
enforceable, is restrained from having its offices or linfs
''connected with any point outside of its territory"
except by lines of the licensor (the American Bell
Telephone Company, or its successor,) or parties especially designated by it for that purpose, and it must
refrain from receiving messages from independent
lines or transmitting messages to them; so far as lawful all ex-territoral business must be given to the lines
of the Bell Company or its agents. The licensee company further agrees to use only the instruments licensed by the parent company, and covenants not **to
make use of or be interested in any telephones or telephonic lines or business not licensed by the licensor
domain
The
local
in
of the Bell
cities
from the
or regions apart
controlled by the Erie, provided
they see profit in so doing; and they may perhaps
discover some method, at present unknown, by which
such other lines can be operated in conjunction with
the Erie system, though of this latter contingency
friends of the
Bell
who have sought
advice
no danger. The rethe opposition movement in the meantime is
on the matter claim there
sult of
legal
is
thoroughly appreciated by the patrons of the existing
system in the great reduction in rates and vastly improved service to which the managers have been inThe
cited by the prospect of wider competition.
transfer of the assets of the American Bell Telephone
Company to the American Telephone & Telegraph
In case the local company violates Company (the Long-Distance Company) was recently
any conditions of the contract and persists in so doing authorized and, it is claimed, will improve materially
A circular on the
after sixty days' notice to desist, it is provided that the position of the Bell system.
the parent company shall have the right without subject was cited in the Chronicle of March 24
or
j.
its assigns.''
being deemed guilty of trespass or subject to inter- page 585,
ference by injunction to take possession of the licenOF
CENTRAL
see company's property, and if thought best to keep
RAIL WA Y.
the same permanently, paying therefor "a reasonable
actual
cost."
not
the
exceeding
price
Two features chiefly attract attention in the annual
Such carefully drawn provisions as these, provided report of the Mexican Central Riilway issued this
they cannot be set aside, would seem to prove giound- week. We refer to the continued growth and expanless the fear that the Erie system now held by the sion in the traffic and revenues of the system and to
Cable Company can be operated to the disadvantage of the fact that after the lapse of a good many years the
the Bell Company's business in general. Not only is depreciation in the price of silver has at length been
it their intent to prevent the lines of the Bell licensees checked, and with it the further shrinkage in the
from being connected with or handling the messages purchasing power of the Mexican dollar, for the time
«of outside lines not belonging to the Bell system, but
being at least, been arrested. From the standpoint
inside the licensed district to hinder the so-called of the security holders these are both important circumindependent lines from being operated in connection stances, the latter hardly less so than the former.
with the Bell system, except they be equipped with
The report is for the calendar year 1899, and the final
Bell instruments and made part of that system.
For- income results for that year are the best of any recent
feiture by the licensee of its entire property at cost twelve-months period.
These income results for 1899
price is the penalty provided for continued disregard show the full obligatory interest earned on the ordinary
MEXICAN
REPORT
of these and other stipulations.
At the same
appears certain that the plans
of the projectors of the Gable Company were formed
without reference to the well being of the Bell Company. We think we are right in tlie understanding
that they embarked in the telephone industry because
of the promising future they saw lay before a company ready to furnish good service at reasonable
rates.
In many cases the Bell Company was charging
exorbitant prices and giving an indifferent or really
time,
it
operations of the road, whereas in previous years a
deficit of
varying amount had appeared which had to
made good by recourse
Subsidy Trust Fund.
This more favorable outcome has followed in no
small degree as a consequence of the greater stability
be
in the price of
silver,
to the
leading to a slight rise in the
gold value of the Mexican dollar
ther
in place of
downward plunge which had marked
of silver valufcs in previous years.
Had
the fur-
the course
the experience
of these other years been repeated and the gain in
revenues again been in great part offset by a new loss
poor return. An amalgamation of many of the independent telephone companies of the country into a in silver, the company would undoubtedly have had
single system seemed attractive and may quite likely to charge up another deficit d- spite the marvelous
yet be effected by them, but as shrewd men of affairs way in which the business of the system has been
they were not prepared to pay large prices for over- developed.
<;apitalized and poorly constructed plants.
The purThe growth in the traffic ani revenues of this and
chase of the principal competitors of the Bell in the other Mexican roads, year in and year out, through
Michigan by the Erie Company apparently led them, good periods and bad periods alike, is really one of the
1
Apkil
THE CHRONICLE.
28, 1900.]
striking features of the
times.
It
the
testifies to
prosperity which
our neighboring Eepublic is enjoying, and demonstrates how the roads are being
managed to promote this prosperity, for there can be
no doubt that these roads have been themselves the
most potent agency in advancing Mexico's progress
and development. Of course due credit must also be
given, as a factor in the result, to the wisdom and
statesmanship displayed by Gen, Diaz as Chief of State.
During the many years of his administration Mexico
has been able to enjoy political tranquillity and peace,
thus establishing confidence in the permanency of the
existing order of things.
With all fears of political
disturbances removed, which used to be the bane of
Mexican affairs, and with the railroads opening up
additional territory through
of course every promise that
new
extensions, there
growth in the future
is
will
be as marked as it has been in the past.
After the large gains of previous years, the Mexican Centra] in 1899 further enlarged its gross revenues in the sum of over two million dollars ($2,013,099), while the
addition to the net revenues was
almost three-quarters of a million dollars (1771,561),
the figures being stated in Mexican currency.
may be urged
that the mileage of the system
It
must have raised the company to a high plane
of prosperity and given intrinsic value to all its securities.
As it was, the decline in silver operated to
offset the advantage derived from the growth in revenues, and thus the management had a very tryyears
The shrinkage
the gold value of the Mexican dollar has operated in a double way to diminish net income.
In the first place, it has added greatly to the
expenses.
Certain of the materials and supplies
ing state of affairs to contend with.
in
needed in the operation of the road cannot be obtained in Mexico, but have to be bought in foreign
countries and paid for in gold.
Obviously as the gold
value of silver declines, it takes more Mexican silver
dollars to pay a given sum in gold.
In other words,
operating expenses are enlarged by the amount of the
difference representing what is termed the cost of exchange. We have compiled the following table to
show how enormously this item has grown since 1891.
The table gives first the cost in U. S. money of purchases made in the United States, then the premium
in silver which had to be paid on these purchases,
with the average price of gold, and a final column to
indicate the total cost in Mexican currency.
U. S.
it is
tion of
traffic
new mileage, furnishing at the
—have
all
start only a light
the time been growing
much
faster
60
68
38
37
49
1,048,48121
1,447,530 13
1,549,69182
2,157,927 47
—
1899
Thus
in
XT. S.
Premium
.
Money.
1,549,998
1,386,085
1,213,270
1,089,472
929,677
one of the most striking 1895
1896
facts in the career of the road that through almost 1897
its whole history revenues
notwithstanding the addi- 1898
and furthermore
$999
Cost in
is all
the time being extended and that allowance must be
Tears.
made for this circumstance in estimating the import- 1891
ance of the gains. True, but the increase in the oper- 1892
1893
ated mileage in recent years has been comparatively 1894
small,
819
Mex. Ourreney,
128-83
446,84139
14316
16004
19269
598,277 01
728.475 62
1,009,829 98
826,880 83
929,442 18
1,583,446 21
1,772.934 62
2.299,644 05
99
69
00
35
32
39
34
3,322,62B44
4,457,57152
188-94
188-65
209-39
214-41
206-57
money the purchases
been almost precisely the
than the mileage. We reproduce from the report the
in 1891.
following table emphasizing this fact.
Tear,
Average
Oross
mileage.
earnings
Miles.
1885... .1235-90
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1235-90
1235 90
1316-40
1461'85
1527-20
1665-11
1824-83
1846-64
1859-83
1859-83
1869-60
1955-66
1955-66
2016'21
$
3,559,560
3,857,705
4,886,578
5,774,331
6,337,225
8,425,694
7,i}74,538
7,963,253
7,981,768
8,426,025
9,495,865
10,208,020
12,845,819
13,588,966
15,602,065
Less const'n
material
$
26,741
none
301,317
471,831
475,451
303,020
431,798
397,376
none
none
Oross
Earnings
iommercial per mile.
$
$
3,532,819
3,857,705
4.585,261
5,302,500
5,861,774
6,122.674
6,942,740
7,565,877
7,981,768
8,426,025
9,427,609
10,007,578
12.814.621
13,505,423
15,502,545
2,858
3,121
3.710
4,028
4,009
4,009
4,169
4,146
4,322
4,530
5,069
5,352
6,552
6,9(6
7,68*
On
Cost in
.
Amount.
Aver. rate.
same
1,996,839
1,984,342
1,941,746
2,099,302
1,756.558
1,977,923
3,030,976
in
1898 had
as seven years before,
account, however, of the shrinkage in
the gold value of the Mexican dollars the premium
which had to be paid amounted in 1898 to $1,772,935,
Stated in another
way, what cost $1,996,840 in Mexican currency in
1891 cost li million dollars more in 1898, or $3,322,In adAll this relates simply to the expenses.
626.
against only $446,841
dition
there was the
in
1891.
further loss arising from the
conversion of the net earnings from Mexican money
into gold, which loss also varies as the rate of ex-
change diminishes or increases.
The important fact now, however, is that the decline in silver, as already stated, has been arrested, and
the course of the price of the metal in a measure reThe reader will observe that since the main line wf 8 versed. The table above shows that the average preopened its entire lengthy in 1884, there has not been mium on gold rose from 128*83 in 1891 to 214-41 in 1898,
a year when aggregate gross earnings have not mate- but that in 1899 this premium fell off to 206-57. The
rially exceeded those of the year preceding, and fur- saving in the expense accounts during 1899 because of
thermore that there have been during the whole of this lowering of the premium was $175,641. In other
this period only two or three years when the gross words, except for this saving the increase in expenses
earnings per mile have not likewise been very materially over the year 1898 instead of being $1,241,538 would
enlarged. As a matter of fact, while the incilease ia have been $1,417,179, Again, in converting Mexican
68,256
200,442
31,198
83,543
99,520
operated mileage between 1885 and 1899 has been net earnings into gold the company realized in 1899
63'14 per cent, the increase in the gross commercial an average of 48-41 cents from its sales of Mexican
earnings has been 338'82 per cent, or over five times dollars, against only 46-59 cents in 1898, and in this
as much.
The effect is seen in the fact that the com- way a further gain of $170,906 in U. S. money was
mercial earnings per mile have risen from $2,858 in obtained from the higher price of silver.
Hence, for the first time in many years, as stated at
1885 to $7,689 in 1899.
The foregoing figures are stated in Mexican silver the outset, the gain in earnings did not have to be
currency, and this brings us to the other factor in the applied, in whole or in part, to make good a further
company's affairs, namely the steady depreciation shrinkage in the value of silver. Oq the contrary
which until the late year was in progress in this cur- there was, as we have seen, some advantage from a
Altogether,
rency. Obviously except for this depreciation the small recovery in the price of the metal.
expansion in revenues through so many successive as the result of the improvement in net revenues and
820
this recovery in silver, the
THE CHRONICLE.
company shows
for 1899 a
surplus of $99,198 above the obligatory fixed charges,
while for 1898 there had been a deficiency of $413,322
below the fixed charges. If we may assume that the
to come.
well-
There
known
[Vol. LXX,
is
no need to review once more the
history of
the origin of the idea of the
great railway, nor to enumerate the almost insupera-
ble difficulties that had to be overcome; in spite of all
permanently
4,865 versts of main line are now complete, this imdecline in the price of silver has been
stability
posing mileage expanding to 6,445^ versts when the
be
is
to
arrested, and that henceforth there
in the value of the metal, it is obvious that the pros- various branch lines are taken into consideration,
pects of the property are brighter than they have been that are either completed or will be so in the near
for a long time past; for there would seem no doubt future.
In view of the enormous expenses that were inthat further growth in the traffic and revenues can be
the
all
to
curred
equally
by the mere construction of the track, it was
counted upon. And this applies
resolved to erect stations and other buildings not acMexican roads.
cording to a fixed plan, but according to the future
real requirements of traffic.
For reasons of economy
THE GREAT SIBERIAN RAILWAYS
the line itself had to be constructed as cheaply as
St. Petersburg, April 6, 1900.
possible; therefore only light rails were used and all
It is a well-known fact that commercial relations bridges were constructed of wood, etc.
In the budbetween the United States and Russia are becoming get of the current year, however, ample provision has
closer every day.
The official figures regarding ex- been made for the substitution of the proper heavy
ports and imports have shown for some time past a rails required in place of the light rails now in use,
very material increase in the value of goods that are and for the construction of iron bridges as well as of
imported from North America. It is true that im- numerous station-houses.
These betterments could
ports from Germany and Great Britain still occupy not be delayed any longer, as the traffic on the Siberthe first and second place, respectively, but imports ian Railway has developed much quicker than had
from the United States now almost equal those from ever been anticipated. Thus according to the ''Guide"
France, Austria, Belgium, etc. Besides, imports of traffic on the West Siberian Railway amounted to;
various kinds of manufactured goods that are chiefly
Passengers. Emigrants.
Gcods.
directed to Siberia come from the United States, and In 1896
160.000
169,000
10,500,000 poods
"
21,195,000
236,000
78,000
that country is about to conquer for itself a complete In 1897
"
In 1898
379,000
195,000
30,000,000
mastery over the markets of this newly opened-up
On the Central Siberian Railway.
country. Large quantities of all kinds of railway
Passengers. Emigrants.
Goods.
material have been imported into Eussia of late years, In 1897
177,000
5,393,000 poods.
"
476,000
11,000,000
all destined for the Great Siberian Railway and its In 1898
continuation of the East Chinese Railway. The Great
There can be no doubt that the business will inSiberian Railway may in a way be considered as an crease every year in a similar ratio, for the overland
American railroad, as most of its engines, a good route to the Far East will not only be much shorter,
many cars, a. s. o., have been manufactured in the but will likewise work out much cheaper (for passenUnited States. Moreover, it would probably never ger traffic of course) than the sea route. Thus the
have been built had not America by its Pacific lines sea journey from London to Shanghai requires 34 to
set an example for long railway systems that in spite 36 days and costs from 650 to 900 roubles.
On the
of their extension will work more profitably and other hand, the journey from London to Moscow reregularly than any combination of smaller lines that quires 3 days and costs, first-class, 125 roubles, the
lacks uniformity of tariffs and management. Finally, journey from Moscow to Wladiwostok 10 days, costthe completion of the Siberian Railway will bring ing 114 roubles, and the journey from Wladiwostok
within easy reach of American enterprise the vast to Shanghai 3 days, costing 80 roubles. Hence the 16
wealth of Siberia, of which at present only that in days' journey overland to Shanghai, costing 319
close vicinity to the railway is known, and which, roubles, compares most favorably with the price of
even to that extent is worked in but a few cases; from 650 to 900 roubles of the sea voyage. After the
for the present population of Siberia is by far too completion of the various betterments which, howscanty to do all the exploring work needed, while ever, will require a certain time, the through journey
neither Siberia, nor Russia possesses all the capital re- to Shanghai will be accomplished within 10 days.
Of
quired for a proper development ©f the natural course the goods traffic to China, Japan and Korea is
riches of Siberia.
of far greater importance than the passenger traffic, and
A short time ago a '^'Guide to the Siberian Railway" the Siberian Railway will doubtless secure for itself a
was published by the Ministry of AVays and Means, considerable share of the carrying business derived
a stately volume of about 600 pages, not only giving from the exchange of goods between Europe and
a description of the gigantic undertaking from a Asia at large.
technical and economical point of view, but also deNaturally the requisite number of trains will have
picting in detail the wide, immeasurable area that is to be run and the necessary stock of rolling material
crossed by the great railway.
Of course the descrip- to be acquired in order to avoid accumulations of
tion cannot be looked upon as complete, but never- goods on certain points of the line, such as occur at
theless it affords an idea of the fairy country in the present in spite of the but little developed goods
East which not so long ago was universally regarded traffic, to the serious detriment of every one conin Russia as well as in the rest of Europe
as the cerned.
According to the minute inquiries of a
" Ultima Thule." The publication by the Ministry special commission another 92 million roubles will
of Ways and Means must be accepted all the more have to be spent in order to bring the Siberian railgratefully, inasmuch as a minute exploration and de- way up to the level of any of the great lines of the
scription of Siberia will not be possible for many years world.
Although the sums absorbed by the Siberian
* Commanloated by our Special Oorrespondent at St. Petersburg.
railway may appear gigantic, it must be borne in
—
—
April
mind
THE CHRONICLE.
28, 1900.J
that the net receipts of the line
when completed such
estimated at 8 millions a year. It is true that
this revenue cannot be looked upon as highly re.
munerative; but it must not be forgotten that the
are-
construction of the Siberian Eailvray was embarked
upon not solely for mercantile purposes, but in order
that it might open up to culture a country that is
known
contain natural riches in quantities quite
unheard of. The construction of the Siberian Railway also directed public attention to the large Sibeto
rian rivers, which
can be utilized
and
at
present are
already utilized to a large extent for conveying part
of the traffic which under present conditions would be
821
as the chief confluent of the
Along these
their sources.
rivers
Ob and
Irtysch, have
and on the north-
western slope of the Altai the following minerals are
found: Copper ore, silver and lead ore, half precious
The
stones and gold.
and porphyry
such as found in the Altai Mountains enjoy welldeserved celebrity. Moreover, in the so-called Kusnezki valley there are strata of coal so vast that they
can only be compared to the coal fields of Pennvarieties of jasper
sylvania.
The mountains
Eastern Siberia are likewise rich
in silver and coy^per ore, and carry moreover coal,
iron ore and graphite.
However, the most important
of
secured by the hydrographic investigation of Lake
Baikal cannot be considered as definitive, although
it is reported that the large ice breaking ferry on
mineral in Eastern Siberia is gold; that is found in
large quantities along the river systems of the Witim,
Olekma and other affluents of the Lena. For the
present of course as long as the means of communication are still somewhat incomplete and the supply of
labor entirely inadequate, all these minerals are
either left altogether dormant or are worked in a but
highly superficial manner. In Transbaiklalia rich de-
the lake has worked quite satisfactorily during the
posits
has been decided to
construct a railway line around the southern part of
the lake (although its construction will doubtless
encounter great difficulties), for the large inter-
precious stones, quicksilver and gold have become
too large to be effectively dealt with by the railway.
Hydrographic expeditions have been dispatched of late
in order to explore the rivers as well as the mighty
Lake Baikal, the banks of which are computed to
The
possess large mineral wealth.
last
Nevertheless,
winter.
continental
traffic
results, however,
it
that the railway is expected to se-
cure would otherwise be far too much dependent on
The area which will be
atmospheric influences.
crossed by this railway measures no less than 12,000,-
water courses rank among
some of the largest in the world. These water courses
as well as the numerous lakes, of which Lake Baikal
(measuring 30,034 square versts) is the largest, abound
in the most valuable sorts of fish, some species of
which are known to reach unusual weight as much
000 square versts, and
its
of
known
of
copper, silver, lead and iron ore, of halflate,
while the geological character of the
mountains along the river Amur is very similar to
that of the Altai Mountains.
Gold and silver mines
On the
in this district are said to be of great wealth.
island of Saghalin, which for years past has been
utilized to receive the worst
sort
called colonists, large deposits of
of convicts as socoal
and more
cently of naphtha have been discovered.
re-
Thus there
hardly a single range of mountains which does not
contain some valuable mineral in such quantities as
is
applicable to agricultural purposes measures about
render mining operations highly remunerative.
The aggregate cost of the construction of the great
Siberian Railway will fall not far short of 900 million
roubles, of which amount 501 millions have been
spent up to the present moment; and it is because
20,000 square miles and consists to a large extent of
the burden of the expenditure on the railway
—
as 2,000
The
pounds being mentioned.
area that
is
will
is felt
what is termed black soil, the boundless fertility of most keenly at the present period that the immense
which is known. At present only about 6,000,000 advantages that will be reaped by and by from the
dessiatines* of this vast region are populated, while opening up of this almost immeasurable hinterland
Of course in order
the remainder is still waiting for immigrants to ex. are underrated in many quarters.
tract the dormant riches of this virgin soil.
Siberia to develop effectively and to draw all possible profits
has already made its appearance among the countries from the new country greater energy and spirit of
that produce foodstuffs for the rest of the world, and enterprise will have to be shown by our trading and
will become a larger exporter of grain every year, al- commercial communities, who so far content themthough at present immigrants are reported to have selves with complaining ever and anew, and each time
directed their chief attention to cattle-breeding, more lamentably, about foreign invasion, when they
learn that some new industrial company, English,
which is said to be exceedingly profitable.
Immense wealth is, moreover, r-epresented by the Belgian or American, has begun operations.
virgin forests of Siberia,
which cover an area
of about
80,000 square miles, and that consist mostly of valua-
Bat
ITEMS ABOUT BANKS, BANKERS AND TRUST CO'8
—The auction sales of bank stocks this week reach
ble pine wood.
in spite of all other natural
endowments,
it
has
always been the mineral wealth of Siberia that has attracted the greatest interest, and it is therefore well
The
worth repeating some details respecting the varieties
of minerals produced and the places where they are
mostly found.
Speaking in a general way, it may be
said that there exists hardly any mineral which is not
Sharea.
procurable in rich quantities within the borders of
Siberia.
The mountains surrounding the Kirghisian
plain are
known
to contain copper, silver
in large quantities, as well as gold.
tains,
which cover an area ten times
zerland,
consist
which some
*
The
Altai
Moun-
as large as Swit-
of several ranges of
of the
and lead ore
mountains in
most important rivers of Siberia,
104'17 deeslatlnes=l square yerst.
sales
No
a total
were made at the Stock Exchange.
of trust company stocks were limited to two trans-
of 366 shares.
sales
actions aggregating 18 shares.
VAima—New
Price.
Torle.
10 American Exchange Nat. Bank. 191ifl
345
10 City Bank, National
279V284i8
71 Commerce. Nat. Bank of
275ia
25 Manhattan Co., Bank of the
230
25 Market ife Fulton Nat. BaDk
172is
100 Merchants' National Bank
156
35 Mutual Bank
8558-85%
30 Ninth National Bank
125
10 Twelfth Ward Bank
407-410
50 Western National Bank
Last previous sale
Apr. 190ir— 192
Apr. 1900- 341%
Apr. 1900— 291i6
Mar. 1900- 27OJ4
Mar. lOOO— 226»«
Feb. 1900— 170
Jan. 19(i0— 157ifl
Apr. 1900— 8438
Apr 1900— 125
Apr. 190O— 401
Trust Compaky—New Tork.
5 Union Trust Co
1404
Trust Comf AVY—Brooldyn.
13 Nassau Trust Co
190
—
Apr. 1900- UOS^a
Mar. 1900-
187ifl
The Virginia State Bankers' Association is to hold its
annual meeting on the 17th of May, and the occasion promififts to be an interesting one. The programme has not yet been
fnlly made up, but the Hon. Ellis H. Roberts, Treasurer of
THE CHRONICLE.
822
the United States, has coueented to deliver the annual address. The convention is to be held at Richmond in the Assembly Room of the Chamber of Commerce, and there are to
be two sessions, one in the morning and one in the afternoon.
The meeting will be called to order by Mr. Mann S. Qaarles,
President of the Virginia Trust Company, who is President
of the Association. The Hon. Samuel L. Kelley of Richmond is to deliver the address of welcome, and Captain
Richard C. Marshall of Portsmouth is expected to respond to
the address of welcome. The members of the Association
and invited guests are to be entertained at dinner at the
[Vol.
LXX.
1897, but entirely apart from that fact the operations of the
bank have been steadily growing. The result is that on
February 13 1900 the aggregate of deposits was reported
$40,980,874, against only $12,860,120 on December 2 1895.
These figures show that the Western National ranks among
the largest banks in the country. With the addition of further influential names to the directory and a continuation of
the present management, it seems certain that the busineijs of
the bank will continue to expand.
—
The directors of the German Exchange Bank have declared an annual dividend of 12 per cent, payable May 1, as
Westmoreland Club after adjournment. The Richmond against 10 per cent in 1899,
" Dispatch " says that all the social clabs of the city have inThe regular semi-annual dividend of 5 per cent together
formed President Quarles that their rooms will be thrown with an extra dividend of 3 per cent has been declared on the
open to the bankers. The " Dispatch " also states that it is stock of the Germania Bank, payable May 1. Semi-annual
—
quite probable that all the banks of the city will close their
doors on the day of the convention, as a number of the
Richmond bankers have expressed a desire to have the
Clearing House Association issue a notice requesting the
public to transact their banking business on the day preceding. Mr. Quarles is quoted as saying that much of the credit
for the expected success of the convention will be due to Mr.
George J. Seay, Cashier of the Petersburg Banking & Insurance Company and Chairman of the Executive Committee,
who has been indefatigable in his efforts to make the meeting all that could be desired.
—The stockholders of the Western National Bank on Tuesday voted to increase the number of directors
to not exceeding twenty-one. The following additional directors were
then chosen; Martin Erdmannof Speyer & Co; John F. Dryden, President of the Prudential Insurance Co. of Newark,
N. J.; Henry M. Alexander, the attorney of the bank;
Charles T. Barney, President Knickerbocker Tru8t|Co., and
Luther Kountze of Kountze Bros. C. Ledyard Blair of
Blair & Co., also a new director, was recently elected. The
following are the officers of the bank: V. P. Snyder, President; James W. Alexander, Vice-President; Marcellus Hartley, Vice-President; H. A, Smith, Cashier; C. L, Robinson,
Assistant Crshier. The Board of Directors is composed of
* James W. Alexander, Charles J. Can da, Jaan M. Ceballos,
Wm. N. Coler Jr., *Cbauncey M. Depew, *Marcellu8 Hartley,
Thomas H. Hubbard, Martin Erdmann, *Henry M. Alexander, Luther Kountze, *James H. Hyde, *Brayton Ives,!John
Howard Latham, James H. Parker, *John E. Searles, Valentine P. Snyder, Sidney F. Tyler, John F. Dryden, Charles
T. Barney, *C. Ledyard Blair. The directors of
the
Equitable Life Assurance Society,
who are also directors of the Western National Bank, are indicated by an
asterisk.
dividends of 5 per cent have previously been paid for a
ber of years.
—The directors
num-
on Thursday elected
Walter S. Johnston,
First Vice-President, and William A. Nash, Second VicePresident. Also the following to fill vacancies in the Board
of Directors: Lsvi P. Morton, Joseph C. Hendrix, George G.
Haven, Richard McCurdy, A. Wolf and Walter G. Oakman.
The directors of the Morton Trust Co. will meet to-day
(Saturday) and elect a new board of directors, who will then
elect officers of the consolidated company, and the merger of
the Morton and of the State Trust companies will then beof the State Trust Co.
as officers Levi P. Morton, President;
come
effective.
—At a meeting on Monday of the stockholders of the Bank
with a
was unani-
of Kentucky, located at Louisville, a State institution
and surplus $1,150,800, it
mously decided to make application for a national bank
capital of $1,645,100
charter.
—The annual convention
of the Arkansas State Bankers'
was held at Little Rock April 20 and 21. The
convention was well attended and the proceedings were very
interesting and instructive.
The following were elected
officers for the ensuing year: John G. Fletcher, Little Rock,
Association
President; Jas. P. Coffin, Bitesville, First Vice-President;
W. E, McRae, Camden, Second Vice-President J. W. B.
Robinson, Clarendon, Third Vice-President; L. B. McClure,
Russellville, Fourth Vice-President; Henry Thane, Arkansas
City, Fifth Vice-President; M. E, West, Helena, Sixth VicePresident; M, H. Johnson, Little Rock, Secretary; Chas. N.
Rix, Hot Springs, Treasurer; Member Executive Council for
;
three-year term, F. H. Head of Pine Bluff; Delegates to American Bankers' Association, S. H. Hornor, Helena; F. H.
Head of Pine Bluff. Executive Council; John G. Fletcher,
W. Y. Foster, Vice-President; Geo. T. Sparks, J.
Pollock, F. H. Head.
of the daily papers in speaking with regard to the
foregoing intelligence have commented upon the growth in
President;
the business of the Western National Bank during the last
few years, and also upon the large additions that have been
made to the surplus and undivided profits of the institution.
The facts are very striking and deserve greater prominence
than they have yet received. Under the management of Mr.
Valentine P. Snyder, a wise and far-sighted policy has been
pursued in the administration of the affairs of the bank. Instead of paying dividends to the shareholders, the profits have
been allowed to accumulate so as to add to the strength of the
institution. It is therefore no surprise to find that, whereas
only about four years ago the total of the surplus and undivided profits stood at less than $300,000, now the amount
closely approaches $1,500,001}—the last return to the Comptroller of the Currency, under date of February 13 1900
showing the amount to be $1,440,254.
We have prepared
the following brief statement to show how steady and uninterrupted thegrowth in this item has been:
Surplus tt undi
„ , .„,
^
A meeting of the Executive Council of the American
Bankers' Association was held on Thursday, at which Walker
Hill, President, presided in place of Myron T. Herrick, the
Chairman. The work of the Secretary was made the subject
of a congratulatory report by James G. Cannon. The Secretary's report sho ved an increase in membership since Jan.
Some
Date of Return.
Feb. 13, 1900
Deo.
2,1^99
7.1899
June 30. 189a
^^K^^
^'Ya^t
Feb. 4,1899
Capital.
$2,100,000
2,100,000
sept.
2:100000
Dec.
2,10".000
2.100,000
2,100,000
2.100.000
2.100.009
2,100,000
2,100.000
1,
1898
20,1898
^e"2'J?^I
^^'^Z'J^Sf
Deo. 2,1895
sept.
videa profits.
$1,44...254
1.292 780
1153 581
1
09B 811
1,021,813
943 156
8-)4
888
767,656
536,383
367 748
tVbfilb
S.
,
—
1,
to
when Mr. James R. Branch was elected, from 1,500
4,100 members and an increase in the assets from $17,000
1895,
A committee, consisting of James G.
CanHuntington, was appointed to
recommend revisions of the constitution and by-laws. After
selecting Richmond, Va., as the place for holding the next
annual convention, and listening to a report on the subject of
taxation of express companies, the meeting adjourned.
in 1895 to $56,000.
non, J. G.
Brown and
— The stockholders
P.
W.
of the Massachusetts National
of Boston, capital $800,000
Monday
to
and surplus
make an assessment
Bank
on
on the capital
$80,000, voted
of 50 per cent
for the purpose of strengthening the institution in connec-
tion with a plan of reorganization
under which
all securities
not considered strictly first class have been charged off.
The order for the assessment did not originate with the Controller of the Currency, but it was made by him at the request of the directors, in order to legalize the proceeding.
—The city of Denver, Colorado, was on April 21 approved
by the Comptroller of the Currency as a reserve city, under
It remains to be said that while thus strengthening the sections 5191 and 5192 of the Revised Statutes of the United
position of the bank great energy has at the same time been States.
displayed in enlarging and extending its business.
The
—The Trust Company of New York has been designated as
United States National Bank was absorbed in December a despository for margins of the New York Produce Ex2;uo;O0O
l
y
'^
.
.
April
THE CHRONICLE.
28, 1900.]
change. The company is also a depository for margins of
the Coffee and the Cotton exchanges of this city.
—A shipment of $500,000 was made from the
Sab-Treasury
gold and silver coin,
is the first instalment of the $3,000,000 appropriation made by Congress for
that island for the purpose of retiring the Porto Rican coin.
The directors of the Capital City Bank, of Atlanta, Ga.,
capital $400,000 and surplus and undivided profits $121,436,
have called a meeting of the stockholders, to be held April
30, for the purpose of changing the bank, which is now a
State institution, into two organizations, one a national
bank and the other a trust company. Tnis change of the
bank from State to national authority is regarded by the
directors as desirable in view of the advantages to be derived
from the new currency law.
this
week
to Porto Rico.
Bilver certificates
It consisted of
and minor
and
coin,
it
—
—
The quotation of $2,700 bid has been made for a
ship on the New York Cotton Exchange.
member-
—
28 the Central National
Bank
of Boston, as
liquidating agent, will pay to the stockholders of the Lincoln
National Bank of Boston a dividend of $10 per share, making
$90 per share up to that date.
—At a meeting
and a net debt (gross debt
less
net cash in the Treasury) of
$1,112,256,358 12.
—
Pacific Railroad Debt. These bonds are never included
the Government debt. To show their
present status we have made the following compilation:
DNLIQUIDATBD BONDS ISSUED TO PACIFIC RAILROADS-THEIB
in the official total of
STATUS APRIL
1900.
1.
Repaid by Com,panies.
Railroad Liability.
Name
Bondi
Net
"Dirough
of Bailioav
Issiud
by Oov't.
Int. Paid
by Qov't
Sinking
wiih
Fund.
Governm't.
Central Pacific. 2.1,886,120
of the directors of the
directors are A. C. Bedford, Treasurer
Due
Total.
U.S.
$
$
9,100,452
86,604.385
Balance
Settlement
53.8fi9,053
62.489.506
6,607,46^
•12,910,468 12,910,458
Kansas Pacific. 6,303,000
Union Pacific. 27,286,512 31,211,712 18,194.618 40.253,61,6 68,448,224
1,600,000
1,970,560
1,628,320
Cent.Br.,U.Pac..
West.
Sioux
Pacific...
C.& Pac
64,623.612
Total
2,152.347
3.752,317
:s,45:i,103
6,423.663
5.423,668
2,575,451
4,2(»,77'i
82,B04.45fl 27,g9'^.070 111,076.780 139,271,850 7.966.118
• Government accepted principal of bonds— $6,S03.0nO— in full navment of all
Indebtedness but subsequently received on its claim an additional $821,898 00
under the final decree for the distribution of the assets of the old Union Paclflo
RR. made by Judge Sanborn at St. Paul October 24, 1899.
;
Treasury Cash and Demand Liabilities.— The cash holdGovernment as the items stood Mar. 31 we take
rrom the Treasury statement of that date. The net cash
balance and the reserve fund of $150,000,000 have both been
deducted above in reaching the net debt.
CASH IN THE TREASURY,
Reserve fund—
Oold coin and buUion
Trust fundsGold coin
$150,000,000 00
$210,757.779 00
409,723,000 00
10,512,383 00
74,862.6i800
14.845,000 1)0
Hllver dollars
Silver dollars of 1850
Silver bullion of 18)0
United States notes
Jamaica (L. I.)
Bank on Wednesday John H. Sutphin, County Clerk of
Queens Co., was elected Pretideut; John Alvin Young, Sec
retary of the Atlantic Trust Co., Vice-President; William
L. Wood, Cashier, and W. A. Llewellyn, Assistant Cashier.
The new
823
ings of the
On Wednesday, at a meeting of directors of the Hanover
National Bank, Henry R, Carse and Alexander D. Cambell
were appointed assistant cashiers.
—On April
.
Long
Isl-
and Railroad Co Alrick H. Man, capitalist, of Richmond
Hill, and John Alvin Young, Secretary Atlantic Trust Co.
The other directors are John H. Sutphio, Dr. Philip M.
Wood, John Adikes, John Lewis Childs, Henry A. Monfort
and William W. Gillen. The bank was organized in 18-9
and it has been quite prosperous. The capital is $50,000, surplus $50,000, undivided profits $15,000 and deposits $480,000.
;
General fundGold coin and bullion
Gold certificates
Silver certificates
Silver dollars
Silver bullion..
United States notes
Treasury notes of 1890
Currency certificates
National banknotes
Fractional silver coin
Fractional currency
Minor coin
Bonds and interest paid, awaiting reimbursement
780.600,779 00
$61.243,1''6 36
87,114,92800
«,67»,e4100
1,998,749 00
111.69388
9,283,37200
724,941 00
310,000 00
3,876,714 22
5.373,883 J5
98 46
499,69814
70,03717
$127,236,688 86
In national bank depositaries—
To credit of Treasurer of the
104,568,:00 15
United States
To credit of United States dis6,076,415 18
bursing ofiBcers
110 012,115 33
287.879,004 18
1,103.379,783 18
DEBT STATEMENT MARCH SI
The
$210,757,779 00
Gold certificates
1900.
409.723.0i
Silver certificates
Currency certificates
following statement of the public debt of the
United States on March 31 1900 is made up from
official figures issued on that day.
Further on we
give an interesting exhibit of the Treasury cash holdings of the same date.
INTEREST-BEARING DEBT MARCH 31 1900.
-%
IntereU Amount
Amount Outstandino.
litle of Loan —
payable.
Total.
issued.
Registered.
Coupon.
$
I
$
(
4)<(s. Fund. loac, 1891. )^
w
260,000.000
....
'"•
00
1*.646,000 tO
Treasury notes of 1890
86,376,t0000
National bank 5 per cent fund
Outstanding checks and drafts
Disbursmg officers' balances
Post Office Department account.
Miscellaneous items
10,510,506
7,455,085
62,3»8,931
7,602,5=3
3,133,902
$720,500,779 00
83
03
65
07
08
81,088,00^ 63
$801,666,787 63
150.(100.000
Reserve fund
00
166.7x2 995 55
Available cash balance
308,792,995 55
18
$1.108.379,': 83
Total
.
Continued at 2
2s,
8g,
Loan
«B.
4s,
4b.
•l,
Funded
p. c.
"^^
25,364.500
108,024,800 106,415,400
198,7»1,440
93,353.580
740,917,000 488,793,750
40,012,760
162,316,400 120,130,850
100,000,000
49,682,950
S
of 11I0O-1930..Q.— J.
F.
loan, 1907.. O.
J.
Q—
Of 1908-1918
—
Refund's certiflc'B..Q. — J.
Loan of
Loan of
Q.— F.
Q.— F.
1926
1904
Tot., excl. Pac. RR.bond8.1.600,061.390
NOTB.— The denominations
817,531,030
of bonds are as follows:
25,364,500
l()8,ii24,800
$1,609,400
76.441,060
64.731,960
42,194,550
24,318,360
16H,6St,640
488,523,700
85,800
162,315,400
73,901,S00
209,295,310
1,026,882,140
Two per cents (registered
Only),«50, $100. $600, Jil,O0O, $5,000, $10,000, $80,000, |50,00u; 48 of 1907, registered, $50, $100, $500, $1,000, $5,000, $10,000. $20,000, $50,000, coupon. $50, $100,
$1,00(1; 43, ref uading certificates, $10; 5s of 1904. registered, $50, $100,
1,000, $10,00(1, coupon. $50, $100, $l,0(.0; 4s Of 1925 registered, $ou, $ioo, $500,
i60u,
1,000. t5,000, $10,000, coupon. »50, $100, $500, $l,OuO; 38 of l«08-1918reBistered.
20. $100. $500, *1.000, $5.0011. $10,000, coupon, $20, HOO, $5^0, $1,(100; 28 of 1«00-
MO, registered, »50, $100, $500, $1,000, $5,000, $10,000, $50,000, coupon, $50, $100,
fSOO, $1,000.
DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITV.
March
Februarv 28.
1891... $107,3(^0 00
to J an 1 '81 1,100,700 26
Tnnded Loan of 1891. matured September 2
Old debt matured prior and subsequent
.
Debt on which Interest has ceased
$1,208,000 26
Bonds issued to Pac(flc railroads matured but not yet presented; Union Pacific, |l3,00u
Central Pacific, $ai,(JOO;
Kansas Pacific. «6,00u; total
$1,207,600 26
^
^
$40,000 00
;
„
United
31.
$107,300 00
1,100 ,300 26
DEBT BEARING NO INTEREST.
„„,„,„„„
$346,681,016 00
53.847 50
37,306,294 60
$15,255,389 41
8.376,«3400
„„„.,,.,
6,879,456 41
States notes
Old demand notes
National bank notes— Redemption account
yractlonal currency
li«ss amount estimated as lost or destroyed
$390,979.613 41
Aagregate of debt bearing no interest
RECAPITULATION.
Olaitlfieation of
Mar. 81 1900.
Debt—
$
1,026,S«2,1<)0 00
1,207,600 26
Imterest-bearing debt
Oebt, interest ceased
D«bt bearing no Interest.... 89
Inc. or Dee.
'„,»,«.
Feb. 28 1900.
$
1,026.8'2,120 00
1,208.000 26
Inc.
.
A" X?
00
Dec.
400
',979,618 41
889,178,76191
Inc.
1.800.861 tO
Total gross debt
1,410,049.363 67
•€•811 balance in Treasury*.. 306,792,996 56
l,417,?48.882 17
298,862.838 68
Inc.
Inc.
8,4 30,171 97
Dec.
6.629,700 47
Total net debt
•
...1012,256^968 18
1418.886.068 59
i?2;^'fZJ 52
Including $150,000,000 reserve fund.
The foregoing
(Interest-bearing
31 1900
non- interest- bearing) of $1,419,049,358 67
figures
and
show a gross debt on Mar.
Cash balance In the Treasury Feb. 28, 1900, exclusive of reserve
... $148,362.823 68
and trust funds
Cash balance in the Treasury March 31, 1900, exclusive of re , ^„ „-.„_156,792,995 55
serve and trust funds
.
iBorease during the month.
$8,430,171 97
[From our own oorrespondent.]
London, Saturday, April 14, 1900.
fortnightly settlement on the Stocfe Exchange began
on Friday of last week and did not end until Wednesday
evening, and the Stock Exchange is closed from Thursday
evening till next Tuesday morning. Naturally, therefore,
business has been very restricted this week. Whatever little
activity there has been has been in the markets for American
The arbitrage
railroad securities and for copper shares
houses have been selling American railroad securities of late
on a very great scale, and of course they were not in a position to deliver at the settlement this week. In spite of that,
howevpr, the carrying-over rates on Americans averaged
about 5^ per cent, from which it would appear that there is
a very large and weak " bull" account.
Since the passage of the Gold Standard Act, buying by the
British public has been on a much larger scale than for many
years before. But a good deal of this has been speculative
and by people who are not financially strong. German operators have been buying also upon a larger scale than for a
long time past. In the copper market the movement is
largely French. Copper shares, and particularly Rio Tintos,
have always been favorites in Paris, and Paris has been buying upon a very great scale. But there has been a good deal
Apart from these two
of business here in London likewise.
departments there has been very little doing. British securities of every kind are quiet, although trade continues wonderfully good; and foreign securities are to a very consider-
The
able extent neglected.
There is at the same time a more hopeful feeling in the
market. After the Easter holidays there is a general expect.
.
«
.
THE CHRONICLE.
824
ation that basiness in all departments will improve on the
Stock Exchange, and that new loans and companies will
come out in considerable numbers. To some extent, no
doubt, the expectation is based upon the hope that Lord
Roberts will in a very short time be in a position to move, as
horses are arriving at Bloemfontein in very large numbers;
and when he does move, it is anticipated that he will strike
decisively. The more confident feeling is added to by the
exceeding prosperity of trade and by the signs of more activity in France and Spain, as well as elsewhere.
While the
excitement about the Dreyfus case lasted, trade was quiet in
France and speculation was almost entirely absent. Since
that excitement has died down trade has begun to improve,
and now the principal French banks have decided to increase
their capital on the ground that the demand for accommodation is growing so rapidly. French banking, like German,
is different in many respects from English banking, and it is
possible that the increased demand is not so much a genuine
expansion of trade as a greater inclination to establish new
companies and generally engage in speculation. However
that may be, the decision that the banks are to increase their
capital is significant.
From Spain also the intelligence is decidedly better. The
country is more prosperous. The railway traffic returns are
showing steady increases, and the Government is continuing
to pay the interest upon all its debts. There is only one
cause of apprehension, and it is the fear of very great stringency once harvesting begins in Germany. The Imperial
Bank of Germany, even now when money ought to be easy,
is obliged to keep its rate of discount at 5hi per cent; and
people fear, therefore, that the rate will become almost prohibitive when the harvest demands make themselves fully
felt.
Here at home it is also probable that the autumn will
be a tryirg time.
Meanwhile, as already said, trade continues wonderfully
prosperous all over the United Kingdom. According to the
Board of Trade returns for March, the value of the exports of
British and Irish produce and manufactures amounted to
£25,396,000, an increase of £3,071,000, or nearly 14 per cent.
The value of the imports was £44,923,000, an increase of £3,430,000, or more than 8}{ per cent. It is to be borne in mind
that Good Friday, which is a public holiday, fell on the last
day of March last year, and did not come this year until
April. There was, therefore, one more working day. Still
the increase is very satisfactory; a good deal of the gain
(nearly three-quarters, indeed,) is due to the higher prices,
but there is an increase in quantities, especially in exports.
In the imports the quantities remain nearly the same as in
March of last year, the increase being due almost entirely to
the rise in prices.
Money has been very
much
scarcer and dearer this week
than was generally anticipated, owing mainly to the fact
that an instalment of the war loan has had to be paid up,
but owing also to a considerable extent to the fortnightly
settlement on the Stock Exchange, at which there was a good
demand for money, ana owing partly, likewise, to the demand consequent upon the Easter holidays. The Bank of
England has lent a very large amount. It continues to discount freely at 4 per cent, the published official minimum
rate, but it charges as much as 5 per cent for loans.
There
is a good deal of comment in the city upon this. It is argued
that the Bank ought not to increase its charge just at a time
when the instalment upon a great Government loan is being
paid up, and, furthermore, that there is no danger of overspeculation or of gold withdrawals, and therefore no real
reason for overcharging the outside market. The Bank's
reply is that it prefers to discount rather than to lend, that
it is ready to discount any number of bills presented
at the
official minimum, but that if bill brokers and others will
borrow instead of discounting the Bank is free to make what
charge
In
it pleases.
Germany
rates are slightly lower this week. The dividends and interest paid are larger than at any other time of
the year, and therefore the supply in the market is temporarily much increased. But every one expects that this will
soon cease, and that money will once more become tigh*-.
About midsumm^r there is a general anticipation that the
Imperial Bank will find it necessary to raise its rate of discount, and it is thought certain that when harvesting begins
therate will be advanced more than once. Great stringency
in fact, is looked tor in the coming autumn. It is
possible,'
no sign
of their doing so as yet, and in the meanwhile the prices of all bank and industrial securities are well
maintained, and trade is as active as ever.
In France the
decision to increase bank capital is generally regarded
as a
sign that we are about to see much greater activity
upon the
Bourse as well as elsewhere, and that therefore money may
be
expected to become dearer in France likewise,
H^re at
home it IS obvious that there will be no easy money and tba*;
the autumn we shall probably have stringency.
The India Council continues to sell its drafts well. It
offered for tender on Wednesday 30 lacs, and the
applications amounted to nearly 2S6 lacs.
The whole amount
ottered was sold
bills at prices ranging from Is.
3 3l-32d
to Is. 4 1-32(1. per rupee. Subsequently the
Council sold
nearly 2 lacs by private contract at about Is. 4d
per runee35 lacs will be r ff rf d for tender next week.
is
m
m
The following return shows the
England, the Bank
position of the Bank of
rate of discount, the price of consols «fcc
Lxx.
rvoL.
1900,
1899.
1898.
April 14.
April 12.
April 13
29.991,145
27.H59,375
£
Circulation
Public deposits
Other deposits
Government securities
Other securities
Reserve of notes and coin
both departm'ts
Prop.reserve to liabilities.. p. c.
Bank rate
per cent,
Consols, 23i per cent.
Silver
6,603,7tf3
11.859,>-79
38,04 1.902
18,392'-28
J9,491,0i:6
80,350.400
38?:^
4
101
3
110 7-16
27 7-ied.
73,120,000
-i^HA.
119,208,000
Clearine-House returns
14.
£
27.802 810
11.996,514
85.906.l40
18 197,963
84.0S7 675
18.433,668
29.436.468
31-^
34 872 793
40U
1897.
April
£
43 nP4 9^7
16!646"418
31.H27.106
19 988.156
32,1^4.301
Com & bullion,
27.8!'9,8e5
10,946 120
38 -16,957
lH.842,58a
28,451.685
26,867,948-
36,397.813
5('X
za
4
11(15^
26(1.
112,101.000
112 1-16
28 7- led.
164,099,000
&
Messrs. Pixley
Abell write as follows tinder date of
April 11:
,, G^old-A total of £62,000 has reached the Bank of England during
the week, failing all demand for export, while £25.000 has been withdrawn for Bucharest, For the week— Arrivals: Australia, £-9,000^
Straits. £k 0,000; West Indies, £10,0('0. Total. £-^9,000. For month
of March— Arrivals Germany, £«3.000; Holland, £243,000; Belgium,
£19.000; France, £4 0,000; Shipments: Japan, £225,000.
Silver— with considerable arrivals of spot silver the rate has fallen
to the level of the forward price, at which there la a fair demand for
the Straits. The tndian price Is Rs. tiO'^a per 100 tolahs. For the
week- Arrivals: New York, £106,000; Australia, £6,000; West Indies,
:
£17,000.
Total, £129,000.
Shipments, April
5:
£> 5,627.
Straits,
For month of March- Arrivals: Germany, £17.0 0; Belgium, £11,000;
France, £31,000. Shipments: Germany, £5,000; France, £64,OO0^
Russia, £28->,000.
Mexican Dollars—These coin are a fraction lower, and there are a
few sellers at 276if,d.
The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:
This week.
Wheat
LastweeTt.
<ir8..>q =Qftnrtrt
5^'^^"'"""
<
Flour, equal to qrs..
Maize
qrs..
3,335,000
350,000
565,000
1899.
2,795,000
325,000
620,000
1898.
2,715,000
430,000
\
590,000
730,000
The British imports since Jan. 1 have been as follows :
1900.
1899,
Difference.
Imports,
£
Fer Ot.
£
£
January
44,560,849
41,216,608
4-3,344,243
+ 8-1
February
+5-8
-t-2,0f^5,699
37,604,808
35,539,109
March
+8-2&
44,922.134
41,492,388
4-3,429,746
Three mos 127,078,536
The exports since Jan,
Exports.
*anuary
February
March
Three mos..
118,242,584
1
1899,
a
*
23,583,682
23,219,849
25,395,699
20,347,234
19.382,406
22,324,401
+3,236,448
+3, •37,443
+3,071,298
72,199,230
62,054.041
+10,145,189
The re exports of foreign and
show the following contrast:
1900.
.
.
Per
s,
01.
+ 15-9
+ 19-7
+ 13-75
+ 16-34
colonial produce since Jan. 1
Difference.
£
£
Per
ot.
5,482.465
5,575,325
5,666.338
5,120.260
5,878.110
5,242,270
+362.205
—302,785
+424,068
+7 07
16,724,128
16.240.640
+483.488
+2-97
March
Three mos
+ 7-47
Difference.
1899.
£
Re-exports,
January
February
+8,835,952
have been as follows
1900.
-5-1
+8 08
Note.—The aggregate figures are ofBeial. They indioata that slight
adjustments have been made ia the monthly figures as published.
Enffllsb Financial Markets— Per Cable.
The daily closing quotations for securities, etc., at London
are reported by cable as follows for the week ending Apr. 27.
London.
Sat.
2738
per ounce
d.
Consols. new, 2 % p. cts. lOOlSi
Silver,
Mon.
Tue»,
2738
27:i8
1001) iG 100.) 6
lOOUje lOOiSje 1009,
,
For account
F^'ch rentes (inParis) fr. 0102^2 01-021.2
Spanish 48
73
72%
Anaconda Mining
Idle
Top. & Santa Pe.. 2734
72''8
Preferred
t90i«
Baltimore & Ohio
90ifl
Preferred
A.toh.
Canadian Pacific
Chesapeake & Ohio
Chic. Mil.
Den.
Do
Erie,
&
& Rio
St.
Gr., com.,..
2II3
do Preferred.
74ifl
common
IS'e
4288
Ist preferred
2d preferred
Illinois
99%
33
Paul... 125
Central
& Nashville..
Mo. Kan. & Tex., com..
Preferred
N. Y. Cent'l & Hudson..
N. Y. Onii^rio & West'n
Norfolk & Western
of course, that borrowers may take the warnings that
have
Do
do
pref.
been given to them and may lessen their commitments But Northern
Pacific, com.
there
:
Louisville
Preferred
Pennsylvania
& Read
*PhUa. & Read., 1st pref.
*Phlla.
Phila. & Read. 2d pref.
southern Pacific
-outh'n Railway, com..
Preferred
.
Onion Pacific
Preferred
Wabash, preferred
Deb. "B"
* Price oer share
22%
118%
87
I2I3
39 14
139
25I4
3914
8OI4
ec's
7838
70i«
10i«
10105
72%
9%
Wed.
ThurB.
27^
277,8
277ie
1001 116 looiiia
10034
lOOBs
100%
01071a 100-90 00-87 la
7213
73
lOOifl
10
10%
26Js
26%
26ifl
2678
71 14
88
7113
88I4
8838
71
71%
8638
86%
8618
8714
98%
981a
98
9%
89
9788
3218
123
21
73Ja
1368
4138
2II3
32
12278
21i«
73i«
1378
4138
Pri.
32
122
20%
31^8
12:^78
2038
73 14
72%
1358
131a
4078
211a
1171a
40 la
lOS,;'
28I4
7314
87\
9014.
98^4
3212
124I4
20%
73i«
135»
411a
21%.
117ifl
2lia
II714
84%
84%
83%
84%
85ifl
I214
1219
371*
1214
I214
3678
1371a
2418
3Hie
12B9
37i«
118
37
137
22
137
24 14
38I4
7913
2414
39i«
8038
59%
37
137
2418
3914
118
139
24 14
39%
80
8II4
5958
77%
€0%
78^4
60
78
80
60
78 14
70
69%
69
78
70
9%
9%
9%
32
9^8
3078
3II3
3058
I714
16ifl
16ifl
16
39 '8
38»4
14i«
3858
39
60
59%
67%
76%
58
77
3838
14
5938
5753
301a
1578
3778
141a
591a
77
68
77
5914
77i«
221a
4214
231a
4214
43%
1458
eo's
5PI4
77%
22%
221a
4219
421a
X Ex-rights.
23»fl
43
1414
711a
978
3078
1578
1414
60
24 14
a^ommtxcinX and |JtiBCjeItatit0tt5 ^txxfs
Imports and Exports for the Week,—The following are
the imp
« »t New \ork for the week ending for dry good*
April 19 and for the week ending for general merchandise
April 20 also totals since beginning first week January.
•
;
—
April
2
.
..
THE CHRONICLE.
28, 1900.]
FOBEION lUPORTS.
For week.
Total
Since Jan.
81.917.095
7,974,376
82,809.147
8,775.047
Qen'l mer'dlse
1898.
1899.
1900.
Dry Goods
1897.
81,802,695
7,975,548
Oen'l mer'dise
$3,442,368
10,612,898
811.584,194
89,891,471
89,778,243
814,055,266
*46.584.771
138,393,592
837,257,348
131,558,537
836,360.573
108,470,843
$43,465,239
120,377,474
Total 1 6 weeks 8184,978,363 8168,815,885 8144,831,416 8163,842,713
The following is a statement of the exports (exclusive of
from the port of New York to foreign ports for the
week ending April 23, and from January 1 to date.
EXPOBT8 FKOM NEW YORK FOR THE WEEK.
•pecie)
For the week..
Prev. reported
1900.
1899.
1898.
1897.
810,121,452
188,522,440
88.064,280
141,018,368
$8,818,313
143,546,828
$6,522,806
115,260,538
Total 16 weeks $7 93,643,898 $149,082,648 8152,365,141 *121.783,344
The following table shows the exports and imports of
gpecie at the port of New York for the week ending April 21
and since January 1, 1900, and for the corresponding period*
in 1899 and 1898.
EXPORTS AND IMPORTS OF SPECIE AT NEW TOBK.
Imports.
Exports.
Gold.
Since Jan. 1.
Week.
Week.
825
New York City Clearing Honse Banks.— Statement of
condition for the week ending Apr. 21, based on average of
daily results.
We omit two ciphers COO J in alt cases.
1.
Dry Goods
.
SinceJan.l.
BANKS
Capital. Swrplus
Bank of New York..
Manhattan Co
$2,000,0 $2,00.3,7
Pacific
Republic
Chatham
$3,652,400
869,663
254.760
323,275
94,695
98,33"
214,233
35.249
Germany
West Indies
$9,523
....
MftirlO"
"5,300
South America
All other countries.
Total 1900
Total 1899
Total 1898
$14,823
58«,352
16,500
$9,296
1,485,289
18,950
2,671,641
151.175
87,979,455
3,765,542
4,432.321
"3,000
1.000
813,296
617,018
10.065.5
1
$1,090,212
5.392,415
50,425.666
Imports.
Exports.
Great Britain
France ... ...
Germany
SinceJan.l.
Week.
$483,350 $15,116,980
265,556
19,762
4,100
"1.691
115,647
...
.......
West Indies
Mexico
South America
965
2,628
81,984
$i3,803
All other countries.
Since Jan. 1.
$59,514
33,6l9
3,685
2,823,1
7,193,9
1,611,1
1,160,8
422,7
496,7
1,600,0
1,051,6
986,6
320,1
610,3
1,000.0
1,000.0
Irving
2,846,4
419,9
383,9
277,7
980,6
195,0
1,718,8
506,2
396,7
500,0
600,0
500,0
900.0
Citizens'
Nassau
Market & Fulton...
Shoe & Leather
Corn Exchange
1,000,0
1,400.0
1,000,0
Continental
Oriental
300,0
Park
East RiverII"!III"
Fourth
Central
Second
Ninth
Pirst
N.Y. Nat'l Exch'ge.
Bowery
New York County...
Qerman American..
Chase
Avenue
Qerman Exchange..
Fifth
1,600,0
2,000,0
6,900,7
3.393,4
152,4
2.256,1
250,0
3,000,0
1.000,0
300,0
750,0
600,0
300,0
250,0
200,0
760,0
49J..2
780,7
181,7
8,925,4
86,2
682.6
419.1
327,0
1,706.9
1,267,4
619,6
797,9
880.1
1,015,8
340,2
1,000,0
100,0
200,0
200,0
300,0
aarfleld
200.0
Fttth
200.0
963,8
Bank of the Metrop,
300,0
West Side
200,0
393.8
Seaboard
674,4
500,0
Western
2,100.0 1,440,3
524,2
First Nat'l. B'klyn..
300.0
Nat. Union Bank.... In llqui dation.
478,1
600,0
Liberty
391.2
N, Y, Prod. Exch'ge 1,000,0
Bk.of N.Amsterdam
393.7
250,0
211,5
Astor
350,0
268,3
Hide <& Leather
500,0
Sermanla
Silver.
Week.
478,2
203,1
664,8
450,0
200,0
People's
Noith America.
Hanover
Importers'&Trad'rs
Great Britain
France
2.098,2
1.144.2
2,187.8
2,866,6
248.9
6.073,7
6,697,6
186,7
1,798,7
83,6
111,1
176,6
2,050,0
2,000,0
2,000,0
America
1,500,0
Phenlx
1,000,0
City
10,000,0
Chemical
300,0
Merchants' Exch'ge
600.0
Gallatin
1,000,0
Butchers'* Drov'rs
300,0
Mechanics'* Trad's'
400,0
Greenwich
200,0
Leather Manofac'rs
600.0
Seventh
300,0
State of New York.. 1,200,0
American Exch'nge 5.000,0
Commerce
10,000,0
Broadway
1,000.0
Mercantile
1,000,0
Merchants'
MeohHnicu'
805,752
261,411
4.321
Total 1900
Total 1899
Total 1898
8504,803 $15,538,987
$13,803 $1,216,575
766,060 16.026,119
109,477
1,010,5V8
697.105 13,255,998
17,594
869,508
Note.— Week's exports include $2,640 gold to West Indies and
South America, $65,941 stiver to London, etc., shipped April 6 to
14 but report ed too l ate to b e included in previoaa week's statement.
Lincoln
Loams.
$13,946
LegaU.
Bpeeie,
$2,140,0
2,701,0
2,714,8
2.050.0
4.261.3
1«,615,0
3,384,0 21,556,0
13,511,8
1.715,0 15,998,0
11,789,0
769,0 11.689,0
20,372,9
1,670,6 23,103,4
4,582,0 1,061,0
143,0
4,562,0
94,660,4 28,006,6
4,075,2 111,274,5
23,491,0 3,H66,0
3,206,9 23,391,6
610,0
4,776,4
823,6
5,317,4
915,6
8.423.7 1,120,0
6,88.3,7
263.8
45,9
1,027,0
1,087,6
216,0
201,0
2,155,0
2,216,0
101,0
169,2
842,4
940,3
251,0
672,6
3,545,5
3,787,8
212,3
488,0
3,386,9
4,193,0
207,9
371,2
3.367,1
4,247,0
29,491,0 4,106.0
1.666,0 23,097,0
3.667.4
44,293,9
61,301.4 9.478.8
275.9
5,991,6 1,506.2
5,708,0
12,039,9 2.466.6
1,255.1 13,483,5
340.1
607.4
2,190,1
3,333.9
18,842,8 4,167,6
738.4 20,330,8
812.4
874,3
6,352,2
6,157,6
207,8
2,541,1
2,146,6
305,0
11,198,9 2,222,6
940,6 12,446,8
2,296,8 47.666,9
37,765,7 11.193,4
651,2
4,532,0
4,237,0
500.4
2,985,7
622,6
192,5
3,178,1
4.^0,6
2,920.4
2,610,0
310,8
6.680.8
616.1
6,325,5 1.197.6
756,2
255,9
3,912,4
3.573.3
17,478,6 2.3iil.6
2,965,0 20,403.0
6,092,7
5,095,5 1,1' 7,6
409.7
204,0
2.077,0
2,024,0
396,2
26,851.0 5,028.0
1,679,0 26.102,0
63,910,0
44,241,0 10.494.0
3,626,0
1,455,2
1,240,8
233,8
166,1
22.859,3 4,69 t.l
1,853,4 24,495,6
9,917,0 2,349,0
1,219,0 13,067,0
S,258,'i 1.741,0
9,133,0
586,0
2,678.0
377,1
250,4
2,695,8
38,969,8 8,765,0
1,361,8 39,687,2
3,139,3
618,6
280,4
2,812,8
3,621,0
630,0
363,0
3,393,0
840.5
4,224,9
420,2
3,172,3
3,071,8
596.2
251,9
3,047,0
35.993.1 8,568,4
4.076,3 44,952,2
9,399,9
8,321,7 2,064,8
363.3
3,250,7
162,1
709,9
2,660,4
4,622,9
401,3
882,2
2,895,0
411.8 14,600,0
12,283.9 3,146.6
8,215,8
492,6
7.082,5 1,377,9
2,288,9
167,4
457,3
2,163,7
6,817,7
701,8
5,777.6 1,102,3
2,953,0
465,0
298,0
2,606.0
1.970,0 16,722,0
13,428,0 2,417,0
2.122,6 37,951,0
31,803,6 7,710,9
4,926,0
616,0
627,0
4,444.0
Included in epor t Nat.Bk. of com.
5,105,8
886.6
297,8
5,432,9
3,804,5
421,7
676,9
4,196,7
5.293,5
789,2
602,6
4,602.9
3,926,0
774,5
215,6
3,744,7
1,816.3
378,6
231,6
2,321,6
'
;i;
72,222.7!86.843,1 767.473,3 1618396
Total
Depotiti'
$l,23i».0 $13,472.0
63.712.1 842.629,4
New York City, Boston & Pliiladelphla Banks.— Below
we furnish a summary of the weekly returns of the Clearing
the House Banks of New York City, Boston and Philadelphia.
the The New York figures do not include results for the non'
^"
Reports of Non Member Banks.—The following is
statement of condition of the non-member banks for
week ending Apr. 21, based on averages of the daily result.
We omit two otphers fOO ) in ad criHes.
BANKS.
Oavi-
(OOs omitted.)
tal.
Surplus.
Leg. T. Deposit, with
Net
Investr- Specie &B'k. Clear'g Other Deposit*
Loans &
ments.
Notes. Agent. Bks.Ac
member
Banks.
Mar.
Apr.
"
ClXT.
Colam
. , ,
la
Eleventh Ward,.,,
Foarteenth Street.
Gansevoort
Ha:iillt'>n
Mount Morris
Mntaal
Nineteenth Ward.
Plaza
Riverside
State
Twelfth
$
$
162.076.7
7.. 162.076,7
14.. 162,076,7
21.. 158.065,8
31..
Ward
Twenty -third W'd.
Union Square
Torkvllle
Borough of
742.611,9
755,666,2
761,672,4
767,473,3
$
$
100.0
300,0
100.0
100,0
200,0
200,0
250,0
200, u
lOO.u
100.0
100,0
100.0
aoo.o
100.0
200.0
100,0
106,6
$
1348,4
t
21,(
211I.4
13i>.l
2220,(
1107.3
123,(
55,9
12,8
100,2
54,0
134,1
44,8
158,9
120,7
174,6
51,4
63,9
334,5
178,8
102.1,0
619,£
1341.f
53,1
43,C
4,0
61,1
1976,0
94,£
1326,6
32,4
1101.4
21,1
1837,0
55,(
9U8.7
8,1
2874,0 224,0
1048,9
19,8
918.2
41.6
2195,5
50.6
1635,7
95,5
$
85,4
102.0
58.2
54.1
46,6
93,5
117,9
150.5
$
166,1
168,0
261,0
229,8
47,8
113,3
88,6
201,3
It 3,6 227.7
80.0 504,0
61,1
63,6
111,0 144,0
163,5
91.2
94,8
64,1
230,4 334,4
101,8 115,0
1501.8
2214,0
13305
39,4
66,'7
62,7
96,1
112.0
152,2
24,2
15,0
Apr. 7..
"
14..
"
21..
Bedford
Broiidway
Brooklyn
Eighth Ward
10,1
1133.6
1361,6
1389,7
343.4
659,3
714,6
2663.7
2733,4
944.4
4128.0
2534,0
767,4
891.8
685,6
458,2
1144,4
49",1
282.1
693,6
411,1
Isl.
26.0
100,0
65,1
80,8
512,2
691,7
Other Cities.
l8t Nat., Jer. City.
Hnd. Co. Nat.. J.C.
2d Nat., Jer. City..
8d Nat., Jer. City..
Ist Nat., Hob^ ken.
2d Nat., Hobbken.
400.0
250,0
260,0
200,0
110,0
125,0
780.6
643,5
362,7
220,7
443,9
97,4
Avenue
Kings County
Maniifact'rs' Nat'l,
Mechanics
Mech'8*
&
Traders'
Nassau National..
National City
North Side
People's
Schermerhorn
Seventeenth Ward
Sprague National.
Twenty-sixth W'd.
Union
Wallabont
Merchants'
Bornitgh of
Richnirmd.
Bank of staten Isl.
l8tNat..Staten
1492738
1517562
1572435
1618396
67.651,9 178,629,0 13,427.0
57,651.9 177,694,0 14.199,0
67,661,9 176,876,0 15,218,0
Legals.
Deposits.^
62,516.5 807.816,6
61.772, J 822.495.6
62,288.8 834,328,6
63,712,1842,629,4
Circ'Vn. Clearingi.
20,136.6
20.574,5
21.029,8
21,390,1
$
11661246
1'2706964
10804142
11953640
150.0
100,0
300,0
100,0
100,0
150,0
252,0
500,0
100,0
300,0
300,0
100.0
100,0
100,0
100,0
200,0
100,0
100,0
100,0
100,0
116,0
151,7
161,6
41.2
56,1
57,9
450,7
390,8
204,8
616,7
661.0
116,7
133,5
64.1
71.7
226,1
53,9
65.3
40.4
76,8
124,2
72,9
42,6
12,2
22,9
27,2
23,9
23,2
31,2
261,4 211,8
147.3 172,2
62.6
12,9
185,C 226,0
108,0 243.0
54.2
10,1
31,1
48.0
ll.i
30,8
8.a
37.5
106,6
8.5
19.4
8,2
6.6
13.2
20.0
32,3
4,6
28,6
16,5
i4,a
193,2
215,7
234,6
Apr.
635.5
1432.3
2342.3
1440.5
1559.1
2202,0
990.6
3278.0
1642,1
1026,1
2696,7
1696,5
"
38,2
68,3
78,1
394,7
203,0
86,0
475,0
316,0
43,6
62,5
62,8
71,6
288,7
68,0
34,5
42,0
27,4
100,0 1299.8
5
14tf9,0
9.1
1,0
1451.6
292,0
636,9
729.2
3025.7
3054.0
939,1
4236.0
2925.0
711.4
913.4
592.9
485,6
1116.0
480.6
226,6
679,6
371.1
34,^
36,6
69,5
28.0
209.0
28.1
46.8
50.0
77,6
8.5
1.2
35,6
32,7
"
7..
14..
21..
Wr omit
20,5
18,3
93,0
114,2
8,9
688,6
672,6
4448.3 195,2 240,1 1171,0 1468.0 6591.0
2079,2
62,1
65,6 205,6 108,2 17H6,0
1144.9
lo02,4
58,8
33.9 258,4
912,><
27,2
897,1
37,8
73,7 161.3
2,9 1449.6
1863,0 104,5
23,1 109.3
838,1
46,6
61,6
739,9
61,9
41,3
Totals Apr. 21., 7262,0 8085,7 60125,1 2616,8 3640,l| 7968.0 2969,6 66819.4
Totals Apr. 14., 7262,0 8085.7 5VI843.4 2675,73689.61 7289 4!2»97,6I65825
I'otalg Apr.
7.. 7262,0 8085,7 69477,5 2493.2 3439,9 7566,312044,0 66241,9
169,265,0' 6,446.r 113,073.9
171,610,0 6.510,0 80,087,6
171.847,0 6.540," 102.653,8
46,461,0
48.268,0
48,268,0
35,346,4 146,318,0
35,345,4 144,736,0
36,345,4 144.065,0
two ciphers i/n all these fUlures.
Boston and Philadelphia the item
+ Includint; for
'
due to other banks."
—
Coinage by CTnited States Mints. The following statement, kindly furnished us by the Director of the Mint, shows
the coinage at the mints of the United States dm ing March
and the three months of 1900.
Three Months 1900.
March, 1900.
Denom,tnations.
Pieces.
Value.
Pieces.
Valut.
$
Double eagles
629,738
51
12,594,760
1,678,413 33,568,260
371,891 3,748.910
150
88
510
750
220
630,027
12,596,240
4,100,377
64,377
795.090
100,377
4,100 377
32,188
198,772
10,03 (
7.590.377
724,699
2,107 90
l,6bO,377
7.590,377
362,349
526,772
166,038
5,060,221
4,341,375
12,082,543
8,645,536
2.091,877
3,347,877
104,594
33,479
5,6'5,'=77
1.^,684,877
282,294
156,849
Total minor,
5,439,754
138,073
21,330,754
439,143
Total coinage.
n. 130,002
17,075,688
Eagles
Half eagles
Quarter eagles
Total gold
Dollars
Half dollars
Quarter dollars
Dimes
Total silver
Five-cent nickel...
16,8
25,1
7,397,0196,387.0: 4,476,0 143,010,0
7.425.0195,937,01 4,301,0 122.819,6
7,874,0 200,656,0^ 4,574,0 117,961,9
Phila.*
1283 «
Brooklyn.
Fifth
Specie.
B08.*
Borotiflh of
Manhattan,
Colonial
Loans.
N. Y.*
•'
NEW YORK
banks.
Capital ic
Surplus.
One-cent bronze...
39,150
88
195,750
220
2,092542 37,513,140
.<
3*^,^05,839 46,597.819
Changes in Legal Tenders and National Bank Notes to
1. — The Comptroller of the Currency has furnished
April
as the following, showing the amounts of national bank notes
Meh. 1, together with the amounts outstanding April 1,
and the increase or decrease during the month; also the
8
.
:
:
THE CHRONICLE.
826
changes in legal tenders held for the redemption of bank notes
up to April 1.
Jiattonal
$249,434,878
1900.
Amount
Amount issued durln.i^ March
Amount retired during Marcli
Amount outstanding
Total receipts at ports from Jan. 1 to April 21, compare as
follows for four years:
ReceivUoJ—
1900.
1899.
1898.
1897.
flour
Bank Notes—
oatstandlng Mch.
1,
$26,894,995
5,376,805
21,518,190
vnieat...
•
«e ee«
bbll.
6.660.268
6,792.759
6,160,025
4.848.7M
...bnih,
19.030.935
65,074.856
20.198.054
31.227.832
61,869,v:07
18,79S,S.09
25.622,896
67.590.223
30,926,0^1
£28,687
1.168,716
8,217.046
4,156.047
6,687.840
72.773.231
17,638,670
3.t97.630
1.644 ,19fr
99,765,039
104,771,708
130.181,881
101.711.799
Oats
Sarler
$270,953,068
April 1, 1900*.
4,927.()C4
are
,
Total Rraln....
Legal Tender Notes—
Amount on deposit to redeem national banh
notes Mar. 1, 19C0
LXX.
[Vol.
"
97
1.987.1
The exports from the
$35,824,849
$3,390,495
1,546,506
deposited during March
Amt. reissued and bank notes retired in Mar.
Amount
1,843,989
several seaboard ports for the week
ending April 21, 1900, are shown in the annexed statement:
Wheat
«ew York
deposit to redeem national
bank notei^ April 1, 1900
837.668.838
,
*CirouJatlon of National Gold Banks, not included in above $81,270.
Portland. Me.
Philadelphia..
522.569
320.071
f 4 916
624 6m5
582.783
626,902
97,142
309,857
64.289
94.377
8.900
56.00
81,905
216.619
Baltimore
"Jew Orleans..
Flour,
bbU.
101.339
,
bush.
buth.
199,996
310,039
88.050
Boston
Amount on
Oort!
from—
Msimorte
25,671
6.072
26,300
26.178
2.085
18,684
81,440
14.803
Oat$.
Bye,
Peas,
Barley,
bush.
165.399
60,000
bush.
bush
biuh.
201.607
12.970
6,873
1,290
23,917
151.689^
48.271
80.000
14
78.016
According to the above the amount of legal tenders on Norfolk
.N'ewp'rt News
144,000
deposit April 1 with the Treasurer of the United States to SaWeston
Pensaoola
of
portion
redeem national bank notes was 137,668,838. The
St. John.N.B.
85.239
1,119
20,000
8.889
78.268
19.798
this deposit made (1) by banks becoming insolvent, (2) by
Total
week..
J. 130.937 3.136,101
269,891
426,729
23,06«
61.988
131,14»
banks going into voluntary liquidation, and (3) by banks re- 4ame time '99.. 1,608,231 8,698.265 251.477 606.9*7
28,208
34.617
ducing or retiring their circulation, was as follows on the
The destination of these exports for the week and since
first of each of the last five months.
September 1, 1899, is as below:
Depotits by—
Dec.
Jan.
1,
$
$
March
Feb. 1.
1.
Apr.
1.
%
1,408,489
8,100,574
$
$
1.
1,381,507
8,156,060 8,014,981
1,447,8'iO
Insol? ntbks. 1,551,660 1,523,590
Llqnid'g bks. 8,214,052 8,124,607
Bed'o'gund.*
Mt of 1874. 24,832,634 26,787,341 27,216.524 26,428,361 28,159,775
/—Plour.
Wfuat.
Bxportsjor
Week Since Sept. Week Since Sept
veek and sine* Apr, 21. 1.18P9.
Apr. 21. 1. 1899.
Sept. 1 tobble.
bush.
bush<
bbU.
Onlted Kingdom 167,169 9,873.926
714.348 83,186,496
,
Oontlnent.
& 0. America.
West Indies
Br.N.Am. Colo's
3.
)ther countries
34,598,346 36,435,538 36,820,404 35,824,849 37,668,838
Total....
•Aotof June 20. 1874. and July 12. 1882.
Tota
Total 1898-99....
26,291
26.094
28,203
LlJiS
10,636
,
I
642.101
900,879
l:- 6,821
223.324
—
Oorn.
Since Sept,
Apr. 21
18W.
1,
uush.
hush.
1,673,083 67.664,956
406,119 88,666,639
10.899
1,3^0,999
Wuk
1,513,1.18 66,832
967
316,003
1»0,321
977.671
889.98a
86.280 11.363.063
1.130.937 56.199.988
1,608.281 96,(il7,8U8
3,138,101 126,488,54»
8,698.256 112.982,829
8.1r30
9.690
11.473
259,891 9,668,047
251,477 12,096,783
The visible supply of grain, comprising the stocks in
Bonds Held by National Banks. — The following interest- granary at the principal points of accumulation at lake and
ing statement furnished by the Comptroller of the Currency seaboard ports, April 21, 1900, was as follows:
shows the amount of each class of bonds held against national
Corn,
Barl&y,
*?heat.
Oat*,
Bye,
In store at—
bush.
buth.
btuh.
bush.
buth.
bank circulation and to secure public moneys in national Hew
York
545.000
186,000
159,000
249.000
161,000
bank depositories on March 31:
Do
afloat
Boston
V. 8.
Description of Bonds.
Bonds Held Mch.
31, 1900,
Public Deposits
Bank
in Banks.
Circulation.
to
Securt
-
2.32i».O0C
761,000
8.000
20,000
'23,000
106,000
580,000
l,935,6ob
i52;6ob
"'sVooo
868,000
lio.ooo
82.0C9
"9,000
12.887.0OC
876.000
829,uoo
7.019.000
1.036.000
11.000
1.811,000
27.000
1,000
868,000
1,172,000
391,000
411,000
865.000
"45.0l>d
Toronto..
Bullalo
1894, due 1904
4p6r ots., funded 1907.
4 p. ot«., 1895, due 1925
6
$28,687,650
2,425,000
8,484,000
10.311,450
19,992.9 CO
19.655,080
75,000
p. ot«.,
8 p. ot8.,'98, due ..^908-1
Sper ots., funded 1891*.
2 p. cts,, 19C0 due 1930.
8-65S Dlst. Col., 1924...
$89,631,080
Total.
$11,243,C50
81.651,1£0
12,711,350
33,8P9,940
18,698,300
97,797,690
$39930,700
84,076,150
21,195,350
44,211,390
38,691,200
117,452,770
75,000
$256,001,480 $345,632,560
Redeemable at option of the United States.
The foregoing does not include the bonds held in the New
York Sub- Treasury against deposits in banks. There were so
held on March 31 119,998,600 bonds, making the whole
amount at that date in possession of the Government as se*
curity for deposits $109,629,680.
Breadstnffg Figures Brought from Page 856.—The
statements below are prepared by as from figures collected by the New York Produce Exchange. The receipts at
Western lake and river ports for the weekending April 21,
and since Aug. 1, for each of the last three years have been:
M4tHvts at-
Wheat.
nottr.
Corn.
OatM.
Barley.
Rye
BbU.WfUbi Bu»h.60Ibi Bvsh.5eihi Bu$h.S2lbB Buih.iSlit Bw.6e
Chloago
Mllwankee.
186,708
79.625
Dnlutli
118.800
2.740
28.055
MlsneapolU.
Toledo
Detroit
1.752,260
1,362.300
236.341
171 50(
116,100
159,800
620.660
48.450
13,067
1.069
16.983
862,650
16,780
54.110
18,f80
36.660
67,028
670,867
65.020
7.000
64.900
22,400
6,293
5.120
2.000
71,011
89,000
18.514
852
38.468
205.325
76.111
1,145.660
192,778
301.215
9.000
9,75('
874,600
148,800
81.760
169.669
153.050
118,000
6,200
Cleveland
St. LoQlt ....
Peoria
. .
Kansas
84,785
22 9C0
City.
1
280.100
, ,
9.CO0
1.800
...
Tot.wk.l900
Same wk.'»9
423.813
182,300
8.821.571
4,251,060
2.383.682
480.918
1.698.713
2.090.367
1.887.662
824,680
102,396
106.861
Same
355.781
2.281,162
3.196.538
3.147.991
250,761
116.722
16.762.856 174,481,826 175.067.654 127,813,712
11.060,141 229.498.776 166.671,887 128,002,609
8.447.060 18«,90S.700 181,()66,44» 141.27B,898
87.906.461
6.205,590
33,072,427
9.151,826
32,174.482
9,1C 9.343
wk.'98.
StneeAuo.
1899-1900
189&-99
1897.98
..
Hew York
Boston
Montreal
Philadelphia
Baltimore
Blobmond
Orleans*
Newport News
Norfolk
QalrestoD
Portland. Me
bbla.
bujh.
l«7,P46
62,436
6.360
66.867
81,828
3,976
6.996
84,440
18,£84
200,726
261.278
7.400
74.129
108.2] 9
8,826
103.000
leo.-teo
6,072
Total week
Week
1899
1.419
447.902
863.687
2,400
798.608
1,076.749
44.276
949.986
309.857
bv»h.
buih.
bua>i.
863.800
2H4.970
59,800
21H.e2t
168.488
6.918
98.276
308,000
154.367
10.400
11.200
8.208
11.700
Do
.
'
88,050
"
86,289
1.107.026
1.040,630
50,000
Do
Do
afloat
Milwaukee
Do
afloat
Ft.Wlll'm(fcPt. Arthur 1.080.000
lb.i42,uoo
Ouluth
Do
906.000
afloat
12.019.000
Minneapolis
168,000
8t Louis
afloat
Do
1,434,000
Kansas City
47.000
Peoria
86.000
Indianapolis
On Mississippi Blver.
226,000
On Lakes
On canal and rlYer
rotal Apr. 21. 1900. 51.886 000
Total Apr. 14, 1900. 56.313,000
Total Apr. 22, lse9» 2<J,i79.000
Total Apr. 23. 1868» 25.911,000
Total Apr. 21, 1897* 39.201.000
Auction Sales.
762,d00
sa'.boo
UO.OCO
5,000
161.000
75,000
98,000
234.000
25,606
325.000
39.00"
65.000
98,060
4,769.000
1,614.000
73.(0)
287.000
24.114.000
24,788,000
98,178.000
31.649.000
21.716.000
7.801,000
7,643,000
104S9,0O0
1J279.000
1.311.000
1.343,000
8,860,000
1,093.000
871.00O
1,747,000
— By Messrs.
78.263
8.672.868
1,742.878
1.711.249
1,127.787
665,428
27.3U0
* Receipts do not inolade grain passing thronjrh
ports on throuiih bills of ladtna.
New
Muller
891.000
8.078,000
& Son
I84J4
5 Warren RR. Co
2 Uni'dN.J.RR.&CanalCo.276
1404
5 Union Trust Co
345
10 National City Bank
Bonds.
$10,000 DD.E.B'y&Bat.RR.
5% cert.of indebt.,F&A. 98I9
$2,000 Un.Gas L.Co of B'klyn
IstM. 63. 190^J&J.. .11210
$300 N. Y. Athletic Club deb.
102J«
68, 1903, M&N
$500 N.Y. Athletic Club 2d M.
.Ss, 1910. A&O
80
$10,000 N.Y.& Westoh'rWat.
Co.pr.lien 58,1927,A&0 12
Cent.ParkN.&E.Riv.RB.200ifl
Nassau Trust Co
190
Western Nat. Bank. 407-410
Merchants' Nat. Bank... 172%
iON. Y. Cab Co
$^0 per eh.
10 Amer. Exch. Nat. Bank.l91i3
By Messrs. Richard V. Harnett
& Co.
Shares.
125
15 Westchester Co.
10 Twelfth Ward Bank
|
Nat Bk.201
gawMttfl and ^tttauclaX.
Spencer
37
&
29
Trask &
BANKERS,
PINE STREET)
Co.,
....
NE\r YORK*
Transact a general banking businessi act as Fiscal
Agents for corporations, and negotiate security
Execute
issues of railroads and other companiesi
commission orders and deal In
INVESTMENT SECURITIES.
7. Stock
Branch
Bxcbanse
Moffat
Offlce.
97 State
8t..
Albany
ALEXANDBB M. WHITB. JB
&
White
BANKERS,
8.836
83.191
89,114
Orleans for foretsr
8,52d,i)0C
stocks.
24 Home Insurance Co
71 Nat. Bank of Com.279i2-284i8
35 Mutual Bank
156
140 Germania Fire Ins. Co.. 2 80
106 Windsor Co., pref.,North
Adams, Mass
43
30 Ninth Nat'l Bank... 8558-><5%
10 Title Giiar. & Trust Co .395
25 Mar. & Ful. Nat. Bank. .230
25 Bank of the MRUh'n Co..27.'^i2
1.260
"
H
.'.!!"I,
13.000
11.775.000
18.712.0OP
Adrian
Gbobob Barolat Moffat.
20.000
8.000
189,000
207i«
10.195
8.800
48.«76
29,b<H>
1,609.000
stocks.
Members N.
43.900
84.916
t4,877
8,600
49.000
14 000
188.000
afloat
Ohloago
7
13
50
100
82,0u0
afloat
Detroit
"906
tt7.142
Pensaoola....
Bt.John. N. B
bu$h.
379,025
588. 1«8
1,691,000
95.000
28,000
afloat
foledo
l.
The receipts of flour and grain at the seaboard ports for
the week ended April 21 1900, follow:
iOUf.
^V^eat,
Corn.
Oats,
„
Barley
Bv*.
BseeiptM at—
Mew
Do
iis.boo
307,000
429,000
166,000
618.000
925,000
1.028.000
91,000
66,000
88,000
Galveston
Montreal
Total Helc
660,000
373,001,
Philadelphia
Baltimore
New Orleans
...
NEW TOR
INVESTMENT SECURITIES.
Members New York Stock Bxobsnge,
No.
1
NASSAU STREET,
K.
J
5
..
April
:
THE CHRONIOLE.
28, 1900.]
Posted rates of leading bankers follow:
^atxfe^rs^ (Sa^^ttje.
DIVIDENDS
Name
Per
of Company.
Railroads (Kteam).
North
& West Branch
••
'•
3»2
May
May
May
lifl
Miiy
2
May
May
3
(extra)...
fi Charleston.
Str<4et Ralltvayo.
Ctentral Traction Pittsburg)
Coney Island & B'klyn (quar )..
Duquesne Traction (Pittsburg).
Pittsburg Virginia
—
(
Exeter Hampton & Amesbury..
Massachusetts Eleo. Cos., pref..
1
3ifl
Union St., N. Be(lford,Ma88.(qu.)
West Chicago St. Ry. (quar.)
2
lifl
Banks.
3
Fourteenth Street
12
5
3
3
3
(annual)
(extra)
Greenwich
Lincoln National (quar.)
Trnat Companies.
Farmers' Loan
"
& Trust (quar.)
.
"
(extra)..
Brooklyn (quar.)
Kings County,
Peoples', Brooklyn (monthly)...
5
5
2ifl
1
miscellaneous.
American Cereal (quar.
American District Telegraph
Bethlehem Steel (quar.)
2
)
..
.
Grand Rapids Gas Light
Hawaiian Com.& Sugar (m'thly)
Hudson River Telephone (quar.)
Municipal Gas,Albany,N.Y,(qu.)
National Carbon, pref. (quar.)..
Pennsylvania Coal (quar.)
Pressed Steel Car, com. (quar.)..
"
pref. (quar.).
Light (quar.)
Paul Gas
Westinghouse Electric
Bt.
&
1
June
1
May
May
May
2
1
15
May
May
May
May
May
May
1
1
1
1
1
1
May
May
May
May
1
May
May
19
15
Manu-
facturing, assenting stock(qu.)
*
30
Apr.
May
51559®515*
40i4®405ie
95X,('a)95J4
ii(«.
New York
20 to Apr.
26 to Apr.
30
30
Apr.
22 to
22 to
25 to
May
May
May
1
to 1143^; $99.2J0 4s, reg., 1907, at 114 to 1143^; $1,000 5s,
coup,, at 113K and $15,0i)0 5s, reg., at 112i^. The following
are the daily closing quotations; for yearly range see seventh
I
page following.
Holders of
May
May
rec.
1
Apr. 30
May 20
8 to May 14
Holders of rec May 15
Apr. 25 to May
1
Apr.
25 to May
1
May 10 to May 19
1
21
'
1
Apr!
15
May
1 Apr.
21 Apr.
29 May
Interest
Periods.
15 to
to
"
26*
"
'
6
22
15
May
25
8
2
15
May
2
May'
'
to
to
to
to
to
May 15
May 1
May 20
May 27
May 15
to
May
15
to* "
'l
April April April April April April
21.
23.
24.
25.
*102\n02S^ *102% *103
2s, 30-year, ref'd'gt
2s,
reg.
3s, 1918
reg.
3s, 1918
coup.
38, 1918, small. reg.
3s, 1918, smalL.c'p.
4s, 1907
reg.
4s, 1907
coup.
4s, 1925
reg.
48, 1925
coup.
1904
5s,
reg.
coup.
58, 1904
*
lifi
Less
89i«
Apr.
Apr.
19
500. Apr. 25 Apr.
May
21s May
1% May
4 May
1^ May
1% May
May
1
Paris bankers' (francs)
5 IS^'aiais*
40@40i,«
(guilders) bankers
Frankfort or Bremen (relohmarks) b'kers 9411 le® 94%
Amsterdam
®4
—
1
1
Demand.
;
Apr.
1
Sixty days.
The following were the rates of domestic exchange on
at the under-mentioned cities to-day: Savannah,
May 1 buying par, selling $! 00 per $1,000 premium; Charleston,
Apr. 30
buying par, selling i^ premium; New Orleans, bank, §1 00
Holders of reo. May 1
premium; commercial, 25c. @ 50c. discount; Chicago, 20c.
Apr. 25 to Apr. 30 per $1,000 discount St. Louis, 15c. discount; San Francisco,
to
per $100 premium.
May
6 to May 15 173^0.
United States Bonds. Sales of Government bonds at the
Board include $100 33, coup., small bills, at 1093^; $1,000
Apr. 14 to Apr. 30
Apr. 21 to May
1 3s, reg., at 109; $14,000 4s, coup., 1925, at 134 to 1343^;
Apr.
21 to May
1 $14,000 4s, reg., 1925, at 133; $14,100 4s, coup., 1907 at 1143^
25 to
26 to
25 to
1
1
27.
Prime bankers' sterling bills on London. 4 85 •314 85^ 4 89
Prime commercial
4 84 '314 84H
Documentary commercial
4 83»«®4 85
Holders of reo. Apr. 24
Holders of rec. Apr. 24
Holders of reo. Apr. 20
1 Apr.
Ik May
lia May
3 May
ApHl
Books closed.
(Days inclusive.)
2 Apr.
1 Apr.
2 Apr.
50 c. June
Clatlln (H. B.), 1st pref. (quar ).
"
2d pref. (quar.).
"
1
2hi Apr. 15
2
Pittsburg Traction
German Exchange
Qermania
When
Oenl. Payable
827
26.
*102% *102ia
-Mch. * 99ifl* 991a * 99I2 • 991^ * 9912 * 99ifl
-Feb. 109 1*109 *108% •108% *108% -108%
-Feb. *109%*109% *109i2 109»« *lC9ia *109ifl
-Feb.
-Feb. 10913*10913 •10914 *109
'109
109
114i« 114
-Jan. 'II414 II414 *114 *114
-Jan. *114l4 II414 '114 *114
II418 il4ie
-Feb. *133
'133
133 *133
133
133
•134
-Feb. 134
134 *134 *134
134
*112i4
*112l4
'11214
'112
-Feb.
llZifi
112
*113ifl*113i2
ni3ia
-Feb.
'II314 113>4
1131a
This is the price bid at the morning board no sale was made.
Prices are quotations in "Unlisted Dep't" for bonds "when issued.'
;
t
State and Railroad Bonds.— Sales of State bonds at the
WALL. STREET. FRIDAY, APRIL 37, 1900.-5 P. M.
Board
are limited to $24,500 Virginia fund, debt 2-3s of 1991
The Money Market and Financial Situation.— The gen- at
to 92.
903^
eral characteristics of the current market are not materially
The general tendency of the market for railway bonds
different from those which have prevailed for some time
was to weakness. In only a few cases, however, have prices
past. The transition from one prominent feature to another
a point, and such losses are about
seems f asy and natural. This week the feature has been declined more than
offset by a corresponding advance in other issues.
Western
American Sugar Refining, and in the volume of business,
New
York
Pennsylvania
general 3-4s were the most active
was
effects
it
not
far
behind
erratic movement and general
bonds, and sold up to 913^, a gain of 17 points within two
American Steel
Wire, Third Avenue and others which
weeks, on the prospect of absorption by the Pennsylvania
preceded it. Owners of railway securities seem to be less
Company. Toledo
Ohio Central advanced 2 points on limdisturbed by such developments than formerly. Prices of
ited sales. Louisville Evansville
St. Louis 1st con. 5s were
stocks generally declined again this week, but the offerings
in request at steadily advancing prices.
Chicago Indianwere not large, and operators on the short side of the marapolis
Louisville ref. 5s, Wabash debenture series B and
ket found it difficult in some cases to obtain sufficieUt stock
wherewith to complete their contracts. As a consequence Northern Pacific general 3s were strong features.
Stock and Bond Sales.—The following shows the volume
of this, and possibly other causes, there has been a reaction
from the lowest quotations. The foreign exchange market of business in stocks and bonds on the New York Stock Exwas somewhat easier, owing to a falling off in the demand, change for the past week and since Jan. 1
at
r-Weekend. April 27.-.
Jan. 1 to April 27.—^
but notwithstanding this a small shipment of gold was y. T.Sales
stock Kxch.
1900.
1899.
1900.
1899.
made to Europe, and later the market is firm again. The Government bonds
$158,400
$267,200
13,863.320
$5,309,100
bonds
State
29.500
59.600
1,068,400
1,384,300
Bank of England's statement shows an increasing reserve in RR. and miso. bonds.... 13.311,600
22,68fl,700
211.968.400
401,046,400
that institution, but the London money market continues
Total
$13,499,400
$23,013,400
|216,900,t20
$407,739,800
firm. The local money market is dull and easier, with Stocks—
No. shares
3,499,190
3,185,793
48.306 185
74,843,511
Par value
quoted rates barely sustained.
$335,247,900 $315,815,300
$4,644,488,363 $7,243,856,850
11,800
$50,760
$232,136
The open market rates for call loans on the Stock Exchange Bank shares, par value.
add the following record of the daily transactions:
during the week on stock and bond collaterals have ranged
Week ending
Stocks
Railroad, Ac. State
U.S.
from 2 to 214 P^r cent. To-day's rates on call were 2 to April 27, 1900. Shares. Par value.
Bonds.
Bonds.
BondM,
Saturday
414,778
$40,327,300
$1,778,000
$5,000
$1,100
2}4 per cent. Prime commercial paper 4 to 4J^ per cent.
Monday
740,894
70,570,050
2,520,600
10,000
46,000
The Bank of England weekly statement on Thursday Tuesday
592,341
53.548,750
8,462,000
16,000
Wednesday
569,641
55.683,100
1,695,500
4.000
showed an increase in bullion of £752,53 L and the percent- Th
ursday
537,475
52,875,150
2,454.000
32.700
age of reserve to liabilities was 42*75, against 42'12 last week; Friday
644,081
62,S44,650
a.401.600
14 500
58,600
the discount rate remains unchanged at 4 per cent. The
Total
3.499.190
$335,247,900
$13,311,500
$29,500
$168,400
Bank of France shows an increase of 2,050,000 francs in
-Boston.—
Ph iladelphxa.
gold and 2,450,000 francs in silver.
Listed Unlisted Bond
Listed TTnlisted Bond
shares. shares.
sales.
shares. shares.
The New York City Clearing-House banks, in their statesaU».
12,126
2.899
$34,885
20,606
9,936 $170,160
ment of April 21 showed an increase in the reserve held of Saturday
Monday
87,033
15,767
85.600
56,199
10,004
360.718
11.570
13.719
118.000
72,371
4,963
297,935
$6,019,300 and a surplus over the required reserve of Tuesday
Wednesday
9,989
21.603
42,660
27,845
8,023
157,007
$14,894,350, against $10,950,275 the previous week.
T'lnirsday
13,324
25,850
110.050
47,287
13.238
166,772
%
&
&
&
&
&
—
,
We
.
Friday™
1900.
April 21,
Differen'sfr'm
Prev. week.
Capital
Surplus
72,222,700
.
85,843.100
Loans & dlso'nts. 767,473,300 Inc. 5,800,910
Circulation
21,390,1001 Inc
360,300
Met deposits
842,629,400 Ino 8,300,900
Specie
161, 839, bOO Inc 4,596,100
Legal tenders
63,712. lOOJIno 1,423,200
Reserve held
225,551,700 Ino 6,019,300
Legal reserve
iilO.657,350 Ino 2,075,225
Borplna reserve
14.«94.350llno 3 944,075
1899.
April 22
1898.
April 23.
58,622.700
77,386.700
760.623,700
14,028,000
881.399,600
189,716,400
55,559,400
245,275,800
221,093,900
69,022,700
74,259,100
572,6^6,300
14,079,900
661.217,200
155,4 17,'<;00
53,412,200
24,175,900
43,525.100
208,829,400
165,304,300
KoTB.— Returns of separate hanks appear on page 825.
Foreign Exchange. The foreign exchange market is
easier in tone and rates are fractionally lower as the result
of a more limited demand for bills.
*- To-day's actual
rates of exchange were as follows: Bank-
—
demand, 4 88i^(gi4 883^;
cables, 4 89(a4 89)^; prime commercial, sixty days, 4 84 rf
4 84J^; documentary commercial, sixty days, 4 883^(34 85:
grain for payment, 4 M%@4: 85; cotton for payment, 4 83^
@4 83^; cotton for acceptance, 4 84@4 84)^.
ers' sixty days' sterling, 4 84i^(a4 843^;
Total
.
14,710
28,443
94,640
a4,639
13,356
131.125
8S.783
111,371
425.725
247,997
59,520
1,292.701
Railroad and Miscellaneous Stocks.— The stock market
has been weak, and prices are generally lower than our last
quotations. The volume of business steadily declined from
about 700,000 shares on Monday to less than 500,000 shares
on Thursday, increasing to 644,000 to-day, when the market
was decidedly irregular.
A prominent feature was the enormous transactions
in American Sugar Refining. In many cjses the lowest
prices of the week were recorded on Tuesday, but no general reaction took place until Thursday, and this was not
of sufficient force to overcome the earlier losses. Among
the exceptional features was Pennsylvania, which, after
declining" over 3 points, closes 1 point higher than last
week, Wabash issues were notably active and strong.
Baltimore & Ohio, both common"^ and preferred, sold
on Tuesday nearly 5 points below last week's close, but have
recovered a large part of the loss.
As noted above, American Sugar Refining was by far the
most active stock on the list, over 200,000 shares having
changed hands on Wednesday. It fluctuated over a range
of 17 points, and closes with a net gain of 8 points.
...,
.. ......... .
..
THE CHRONICLE-STOCK prices (2 pages)
828
]Nl"ew
York Stock Exchange— A
Daily,
Monday,
ApHl
S6
25
17
44
S6
e«^
6-^
83k
84?<
17
44
1S^
84>£
S8
76
73
17
45
•16k
•44
2596
Ik
35
84k sek
78k 76k
73M 75H
60
•105
106
66
106
.
April
25.'
516k
16k
'44
a«k
6SH 69H
82k 8514
I
•80
Wednesday Thursday,
Tuesday,
April 24.
23.
25k
45
26
6896
8296
83%
%
699*
m
8Sk
84k
73% 7Ck
April 26.
•35
40
•
•••
•35
40
101
101
7096
7196
86
85
80%
Ik
86k 87%
74k 75k
•65
105
116
37
88
70
115
9ek
56k
271*
%
86
'k
87%
77
65
7496
65
110
95k
•100
120
119
96!,«
36
102
104k 106
13k 19%
11^
88>»
S7
275«
88
«7e«
78
40
13%
14
889i
87
1396
*87
77k 75
89
3ek
1394
87k
11
1396
188
•76
88
«77k
39
25
LXX.
Range for preHous year (1899).
Week.
Shares
Lowest.
Lowest. HigAeiL
Highest,
110
610
lekMar
41
119%
37
38
106
11^ 18%
88% 88%
7696
7694
18 Mar 26
48 Apr 2
2996Apr 2
Jan
50,12 5
1896Jan
149,125 58kJsn
67,497 65kJan
Do
47,523
rights
%Ajr
Do
86,026 7296Jan
pref.
Brooklyn Rapid Tranilt.
118,062 63kMar
Baffalo Booh, ft Plttiburg
100 52 Feb
100 93 Jan
Do
pref.
/Canadian Paolflo
40 9096Jan
Vvanada Southern
11,016 4796Feb
Capital Traction
9196Feb
Central of New Jersey.
10,748 116 Jan
Chesapeake St Ohio
25,250 28 Mar
Chicago Bnrl. & Qnlnoy..
66,856 11 9% Jan
Chicago Consol. Traction
200 37 Apr
Chioago A Bait. IlUnois.
1,162 88 Jan
Do
130 Jan
pref.
Ohloago areat Western.
6,080 11 96 Jan
210 85 Jan
Do 4 P.O. debentures.
230 73 Jan
Do 6 P.O. pref. "A"..
400 3696Jan
Do 4 P.O. pref. " B "
Chio. Indlanap. A LouIst..
4,607 14 Jan
pref
BDo
alt.<fc01ilo,vot.tr.oertfe.
7496Apr
^
.
19
20
90 Apr 18
19 80%Apr 10
27 70k Mar 28
18 115 Apf 86
4
9996Feb
87
26
58kApr
6
8
^
.
im
11
8
16
24
1,333 46kJan
65,331 11 5k Jan 10
71« 169k Jan 18
1,263 158 Jan 11
301 197 Apr 21
80,310 104kJan 9
80 114kMar 19
172 Feb 8
l6',i59
9 Jan
9
8,915 32 Jan 16
6,895 5896Feb 26
104 Mar 6
500 14k Jan 10
100 46 Jan 2
1,000
4
9 Jan
1,810 21 Jan
5
900
1
7
93 Feb 26
l2296Apr 20
3S%Apr
9
14 Apr
86 May
17 May
5096Jan
19%Oet
48kOot
34%Feb
48%J'ne
aikAJ;?
68%Aac
67kJ'ne 85kN0T
61 Deo 137 Apr
SOkMar 59 Not
May 103 Oe«
8496Mar 99%May
48kOeo 70 Jul
85 Feb 94 Not
69
97 Jan 12696N0T
3396May 3i%De«
10 138%Apr
114kDec 149kFeb
26 3996Jan 16
85 Deo 689iApr
109
31
Mar 37 6996Jan lOOkSep
17 124 Jan
e 11 316 Jan l3296Sep
1]
15k Apr S 1096Dec 3096Jan
12 89 Feb 1
83 Deo lOSkAug
.
2096
S
89%Apr
IkApr
.
77
77k
39
38k 39 38k 89
85
37
26k 27
86k
B^
156
68
56
68
Do
67M 67% 68
56k "8
pref.
68k 66
119 130k 11896 120k 118% 180
11996 121% Chioago MUw. * St. Paul.
11996 181
174 174 178k 174 1174k 174% 1173 174
il73k
174
Do
J173
173k
pref.
•161
163
161
161k 163 162
162k 162k 163 163 1163 I6S91 Chioago & North Western.
•195 20c
198 201
195 300
197
197
197 200
199 199
Do
pref.
108k 109k lOtklOSk 108% 10996 10896 1C8% Chioago Rook Isl. & Pao.
108«1109i 107k ice
•
UIO
110
119
116
•
115
Chio. at. P. Minn. A Om..
119
118
•165 175
•165 175
166 176 166 176 165 175 165 175
Do
pref.
10 IJH 11
S10« lC9i
11
Ilk
Ilk 11% 1396 Ohio. Terminal Transfer.
10k 10k
""
136
36
3996
Do
35k 3Bk 3fk 37
38k 369t S5
36k 86
ppef.
63
63 Oley. Cln. Chio. & Bt. L.
62
6f9< 6196
6096.6194
61k 62
61k 6194 62
•109 llCi.^ 108 link 108 110 106 108
106 108 ^ Do
110
1C6
pref.
•27
27
28
28 Cler. Lorain & Wheeling.
28
27^ 2?H 27
^27k 27k 27k 23
68 71
•68
68 71
68
•68
68
71
Do
71
71
pref.
•11« 12k Colorado Mid., T0t.tr. otfs.
12
12
•Ilk 12k Ilk 12k 1196 12
13
Do pref. Tot. tr. otfs.
•29k 2Sk 3yk 29k 29k 29k
29k
29k
29k
•6
6
6
6
8% 6k Col. & Son., listed May 24
6M
6k 6k
43" 42
43
48
43
4ak 42k 42
42
Do
Ist pref.
do
42k 42k 43
•lej^ 17k •16k 17k •lek 17k 16k 17k «16k 16k •16k 17k
Do
2d pref. do
116 116k 116 115
11696 11 6>^ llSk 116
115 115k 114k lis Delaware * Hudson
•76H
3H
39
26k
Range for year 1900.
On basis of loo-sh're lot
-
31k 3196
125% 127k
187
38
of the
.
66k 57k
....
3196
44
•
•88
•76
•89
Do
pref.
toh. Topeka & Santa Fe.
7196
%
[Vol.
Railroad Stocks.
68%
83k
65
40
101
101
A nn Arbor.
1794
26%
•100
*8S
16k
36
•96
9734
N.
44
27
96k '95k
56 56k
56
56?^
sm i?^ 95k
66k
100
100 ....
100
100
119
120M 182^ 120^ 123
18096
118k 131
119k
81?^ 82H!
30H 31H 30k 3196 80k 31k 31
125M liiyi 12456 125H 12496126k 124% 126k 125k
•96M
17
46
17
44
Sales
STOCKS.
Y. STOCK EXOH.
Friday,
April 27.
1.
Weekly and Yearly Record.
STOOKS—HIQREST A.ND LOWEST 8A.LE PRIOES.
Maturday,
April 21.
Page
5%Jan 29
7896Apr
42 Mar
2
31
Apr 16
29
63%Apr
4
12696 Apr
4
174kMar 21
166%Apr S
200 Mar 28
11 496 Mar 28
123kJan 31
«ar
175
3
1396 Apr 87
3994Apr 27
6696Mar 30
lllkMar 89
28 Apr 37
73 Apr 19
18kApr
29%Mar
19
21
796Mar 22
60|l6Jan
85%Ang
88 J'ne
79<Jan
44Ssep
31
19 Not
62%N0T
Jan
Deo 136%Sep
Deo 179 Sep
141kJan 173 Sep
188 Jan 210%Sep
100 Deo l33%Jaft
91 Feb 136kSep
118
185
170
Jan 186
7kJan
31kDeo
43kJan
94 May
9
Sep
26kMar
56kMar
6496NOT
108
J'ly
Deo
1696 Jan
37kJ'ne
6 Oct
49kDe«
ll%Deo
IBkJ'ly
496Sep
35 Dec
27
Sep
8%Jan
68kMar
25 Mar
39 Jan 8 47kMar 37
30 14% Jan 6 20kMar 21
13kDeo
2,873 118 Jan 8 119kMaT28 106kJan 18596Apr
180
180
182 182
177 180
179 179
el. Lack. & Western. .
3,880 174 Jan 11 188 Feb 20 167 Jan 194kOct
180 180
179k 180
•80
19% 20
3,377 16%Jan 10 24kMar 26
1996 30
»0H SI
1996 aok 11896 1994 Denver A Bio Grande. , ,
16%Dec 3696Apr
71
71
71*6
Do
3,574 66kJan 10 76kMar 26
7196 7196
71k
63 Dec 80 Apr
71k 71k 71
71k 71
pref.
15
18
17
•ISM l«9i 15
Des
Moines
1696
•
19
16«6
f
•
&
Ft.
Mar
26
15
15k
Dodge.
•16k
16k 16k
18kDec 33kJan
13k Jan
•6
B«
20
6
6
6>^
•4J<
•5k
•6k 6 Dnl. go. Shore
496Jan 1
6kMar 6
8 Not
•6k
3 Apr
6k 16
16
15
11594 II"
1S96 15k
1,030 13 Jan 19 17kMar 6
18k 16k 15% 15% ie% 16%
pref
796Jan 17kN0T
13
13%
850 11 96 Jan 9 1496Mar27
rle...
1394
13H 135g 18k lik 13k 13k
1896
10 Deo 16% Jan
13k •13
89% 4098
Do
6,810 31 k Jan
3996 39%
39k 39% 3996 4096 3996
1st pref.
9 4 3k Apr 4
27%Deo 43 Jan
•20
31
21
21
19 21
700
3l
21
Do
21
19k 19%
1596Jan
10
28%Apr
4
2d pref.
16%Dec 33kJan
6IJ^ 5C« 51
60
5S0 40%Jan 6 6496Mar 16
6096
4996 61
50% 50k HvansT. & Terre Haute
36 Mar 46%NoT
93
93 96
96
S93
192 90 Jan 24 94% Apr 19 70 Jan 98kSep
9S
93
95
Do
pref.
93k 93k 83
14% Apr 4 15 Jan 29 14 Aug 85 Jan
Ft.W.& Den. c, stamped
100 17 Mar 29 19 Apr 3
t. Worth & Rio Grande.
14 Feb 30 Mar
18k 18k
168 169% Great Northern, pref
168 168
1,278 166 Feb 26 174kJan 3 142kJan 195 Mar
1169k 160 167 160 il68 158k 168 16S
r'nB.&W.,deb ofs. "A'
53%Mar 7 68 Mar 29 49kJan 61kJan
Deb. otfs. "B"
7H 7k
8 Mar 27
7k 7%
6 Mario
6 May
9kOot
41% 40% 41 Hocking VaUey.
6,169 30k Jan 10 41%Apr 21
40k 4.k 399i 40k 39k 40% 40
23 J'ly 8796Sep
40k 40
«7
67
66% 66k 66
Do
67
6796
4,211
6dk
6796
6796
58 Jan 8 67%Apr 5 63kDeo 66kSep
pref.
67k 67
116 116 ill4 114
778 11096Jan 9 11 6% Apr 2 106%Dea 183 Jan
115kllS96 116k 115k i Ulnols Central.
114k 114k 115 115
1-0 wa Central,
3.180 ll%Jan 12 1996Mar 30
17k 18
17k "17k
17k 17k 17k 17k 1791 1794 17% 18
lOkMar i696Ausr
60
Do
53
61
63
2,180 47kMar 5| 68 Mar 80
•61k 54
61k 61k 62k 58k 62
40 Deo 62kAug
!^^
•15
•15
16
16
16
15
lek
16
lek
16
16
anawhaA Michigan...
10 Jan 2J 17 Mar 26
15 Mar
796Jan
18 20
18
20
18
an. C. P. & Gulf, tr.reo.
76C
18k 18
•^•••* ••••
18k
7%Jan 31 2lkMar 27
10k 18k il8
14
14
14
14
17
14
17
18
17
17 Kan. City Southern (w. i.)
19
19
17kApr
17kApr
•••••I ••••
40
40 41k 40 41
48
42
Do
lOO 41 Apr 6 4 396 Apr 3
pref. (w. i.).
41k 41H 41
Keokuk
Des
A
•8k
4k
4k •3k 4k
Moines
6%Feb
8
May
4k
•16
•16
16 17 16 1^^ 16 17 16 1*7^
18
17
Do
15 Feb 2 17kMar 87
pref.
16 Mar
31
31
32
819<
82
32
Krie
32
3,470
3196
& Western. . .
919i 33k
20%Mar 16 34%Apr 9 1496 J'ne 84 Deo
33k
Lake
•94
•95
98
183 83kFeb 2 100 Apr 2
98
If"
Do
S9496 9496 95
85 Dee
9"k 97k 97k 95
60 Jan
pref.
•305 300 206 206
205 206
305 306
210 Lake Sh. * Mioh. South. .
160 5197 Jan 8 210 Mar 24 196% Jan 808 Jan
206 206
•61
65
65
70
67
67
68
67
67
67 Long Island.
70k 69
6,671 47k J an
4 70kApr 23
46 Deo 85 Apr
82% 8454 81k 8296 8)96 88% 8196 8296 83k 8896 62k 84 LouisTllleA NashriUe...! 83,643 77%Jan 9 8796Apr 2 63 Mar 88960ot
93
9ak
9296
98
94%
20,675
101
94k
93k
9496
9296 93k
Feb 14 85kDec 13396Apr
9096Jan 16
93k 94% Manhattan BlleT.,ooniol
157
16'ik 1«P
158% 160
etropolitan Street
16,336 155 Marie 183 Feb 13 147 Dec 269 Ma;
168k 157k 15896 lB7k 159k 158 160
35
Met. West Side m. (Chic.)
•84k 35k '34k 35k 84k 35k 34k 36k 84
24kJan 29 S7kApr 6 13kAug 39kNoT
•79
81
J7894 7894 •79
81
Do
16 76 Feb 27 83kFeb 14
78k 79k 77k 79k
pref.
44%May 83 Not
1S96 14%
IBM 14
1396 1396 Mexican Central.
4,800 lOkJan 8 1496Apr 18
18k 14
17%Apr
13k 14
18k 1894
6 Jan
•4
4
4
*3%
396
4
Mexican
•896
4
Nat'l
100
4k
tr. reots...
5 Mar 17
4k
4%
394Jan 4
8%Sep
1 Jan
108
•108
108
108
108
Michigan Central
1108 109
58 il04 Jan 22 1112 Feb 3 110 Oct 116 Jan
63
64
"esk
64
66
6«k 66
64% 66
66 Minneapolis & St. Louis.
2,476 58 Jan 25 6996Mar 28
62k
78 Aug
36kJan
9596
22(
19596 »596 95
Do
•»4k 86k 94
96
2d pref.
9096Jan 12 97kApr 6 73kJan 99kNoT
95k 95
•34
26
26
85
26
27
26
2596 26H
26 Minn. St. P. ft 8. S. Marie.
6,486 15 Jan 2 27 Apr 84
2696 3896
SMJan S7%Hay
•65
68
68
69
68
69
68
Do
66k
6896 67
68
1,925
50 Ftb 5 69 Apr 84
pref.
39 Feb 78 May
•Ilk 12k Ilk 12k 12
12
Ilk 12k
Kansas
500
13%
Mo.
ft
Texas
10
1896Mar
38
Jan
6
9kDeo 14%Jan
12k
12k
86
38
86
16,550 81kJan 11 40kApr 17
Do
84k 86m, 36
35% 86%
35k 36k 35k
pref.
2896Dec 46kAu«r
66k 68k 64H 67k 6696 579i 66k 67k 6696
194,963 3896Jan 11 61kApr 16
67% 689s Missouri Paoiflo
83 Dec ^^^^'
,
•46
•44
46
46
44
43
160 39 Jan 12 48kApr 8
46 Mobile* Ohio
44k 44k 14496 4496 •44
32 Jan 69 Anc
•188 190
188 189 1189 189
190
188
418
190
Morris
190
Bssex
ft
U83kJanl9 189 Apr 8 176 Jan 1187 Not
188k
188k
1849< 136% 1339618496 138k 184k 13896 135k 134% 135k 135% 137%
Central ft Hudson.. 86,887 13 094 Feb 26 13e96A.pr 4 120 Deo 14496Mar
1896 13
18k 13k 13
T.Ohio, ft St. Louts...
400 12 Mar 14 14%Mar 39
13%
13k 13
llkDeo 1992Jaa
13k 13
13k 13
78
78
76k 79 •73 79
100 78 Apr 17 85 Jan 31
76k 78 •78k 79 77 79
Do
1st pref.
66 Mar 86 Oet
•35
88
§3896
87
~
8696
•86k
310 83 Jan
Do
2d pref.
8696 87
86k 37 •86k 37
40kMar 39 29 Deo 41 Jan
New Tork ft Harlem
1360 Jan 1390 Mar
•184
•134
'13396 ....
18396
N T. Lack, ft Western....
13896 •... '13396 •..
1180 Jan 1 ilSS Mar 10 129% Jan ilS8%Mh
SlSk 313k •313 314
626 i211kApr 6 i21596Jan 8 1198 Jan 1333 Apr
813k 218k 213 214 3213a6 214k 814 216 N. T. New Haven ft Hart
8894 84 k
33k 8396 32% 2396 2296 3396 28k 23k 33% 28k N. T. Ontario ft Western.. 16,530 20%Jan 6 36kMar 88 1896Jan 38%Mia
Norfolk & Southern..,,.,.
70 May 88JiN0T
87k 38k 88% 22^ 87% 88% 37% 3Sk 87% 88% 38
42,193 2396Jan 10 40%Apr 18
1796Mar
3894 Norfolk ft Western
78
7896 S7896 79
78k
77h 78k 78
Do
4,586
80
67
Apr
7896 79k
pref.
Jan
8
12
6196Jan 74% Aug
7ek
79k
68k 699s 67k
5796 £§«
69
4296Jan 67%Aag
6996 Nor. Pao. By., TOt. tr. otfs. 02,166 60kJan 11 6296Apr 4
68k
76
76k 76k 7696 76
68 Deo SlSJaa
Do
6,810 78kJan 8 7SkMar 28
76k 7696 76k 76k 76k 76
pref.
7696
83 J'ne 68 Ja>
Or.BR.ftN.0o.TOt.tr.cfs.
Do pref., TOt. tr. otfs.
6896J'ne 7796 Sep
61% 61% 61k 61k 51k 61k 151
51
1,040
38
May 64 Not
1
10
Coast
49kMar
6SkApr
619<
Oo
6196
Paolflc
61k 61k
•83
82 88
88
88 88
83
S83
82
68 8496Mar 9 87kJan 4 84kApr 90 Feb
87
«85
86
Do 1st pref
•68
•62
64
•81
65
64
61
160
60
63 64
60 6 Ik Apr 9 6696Jan 8 68>.
64
Do 2d pref
kJ'ly 6896NOT
186k 137k lS4k l£6k 131k 136k 135 137k 13696 13996 18796 140k PennsylTania
185,010 128kJan 13 14296Apr 6 138%Ja
Jan 148 Jan
•896
3
3
600
296
l%Feb
87
796NOT
296
Peoria
Decatur
2
Jan
ETansT.
296
8kApr
ft
.?*<
294
•2k
l^
•7
•7
8
8
8
386
16
6 Feb 21
6% 7
6
Peoria &, Eastern
8
May 7%NoT
9kMar 36
34
8496 8496
24%
24k 34
1,400 80 Jan 89 89kMar 27
3496 25k
26% 25% Pere Marquette
•86
68
84
86
Do
pref
66kJan 31 68 Mar 31
I
»m
1,176
,
I
&A0
EDO
"7H"7k
Kpref.
8k
8k
8%
8%
*m
.
Uk
NT.
m
2k
7
*
Bid and asked prices
;
no
sales
were made on
OUTSIDE SECURITIES
*9tr»et
Railway.
NJIW YORK CITY.
BlMOk St ft Fn) F— Stock.
lltmon 4s 1960... JftJ
Bid.
Ask.
84
87
fi9
Ave— Stock.
101
836
Istmor 6s 1904...Jftl)
Id mor 6* 191 4.... JftJ
Oon 6s 1943— 8m Stock
B'wayBurr 1st 5s gn. 1924
S104
110
840
105
118
Hxohl
tst.
«116
il04
870
{186
199
117
106
'way
ft
7th
Id Sslnt as rental. 1905
Oentral Crosstown- Stock
"tMOs
1922
MftN
Cen Pk N & H BIt— Stock
oonsoi7i 1908
JftD
300
180
•*•••
loek 107%
this day.
7
i
Less thim loo shares.
(Given at foot of
Street
Railway.
Dry
D B B ft Bat>-Stock
175k 184k
Bxob iBt.
1
100
let gold 58 1933... JftD 1116
Scrip 5s 1914
FftA
94
Blghtb Avenue— Stock... 890
Scrip 6s 1914
108
136
119
88
.
48d ft Qr 8t Fer— Stock..
396
42d BtManftSt N Ave.,
60
lit mort 6i 1910. .MAS 114
3d Income 6s 1915. JftJ
86
Lex Avft Pav F Ss-Sm 8tk Uzoh
Ninth Avenue— Stock.
198
.
.
oonsboutivb PA.Qm).^82 RBBT
Ask.
Bid.
Chrtst'p'r ft 10th 8t-8tock
Col ft 9th Aye 5s-S«e Stock
7
400
113
410
65
116
98
1
ISt
90B
Street
Railway.
—
Bid.
199
Second Avenue Stock.
1st mort 5s 1909. .MAN 1107
.
Ask.
801
108
RAILWAYS, dc
Street Railways.
Westchest
lit Ss '43.. JftJ
BROOKLYN.
Bid.
{109
111
Consol. 5«, 1948.. .FAA 1118
116k
805 810
Sixth Avenae— Stock
114
Sou Bonlev 5b 1945.. JAJ «111
So Fer Ist Ss 1919.. AAO »10896
Third Avenue— 5« Stock Bxon list.
Atlau. Ave., lst5s..AftO
Con 58 R 1931
AAO
107
106
Tonkers St BR 58
38th A 39th SU 1st 5s.. '96 J114
Consol 5i 1941
JftJ
BklynCrosstuSil 908. JftJ
BklnHgtslst Ss 1941 AAO
a'kyn Q Co.A Sub— Sm St ok Ex. list.
BklynBap.Tran.— S«» Sto ok Kx. List
i»i ram.Or.AB'kVTiliit flu Jin
118
Tarry
W PAM 58.1938
Twenty-Third 8t— Stock. 400
JftJ 106
Deb Ss 1906
nmon Ry
1st 5s '43.FftA
111
110
108
lie
406
lOS
113
Impt 5b— See Stock Eio
B. B.
AW.H.
Ss 1933.
Aau
Brooklyn City— Stock....
«107k 108
118
114
hUst.
ilOO
103
836 iW
114
107k 109
104
..
Apr,
THE CHRONICLE —STOCK
28, 1900.]
..... .. .
..
.
prices
(2 pages)
•68
67
•85H 86
2 OH
19
63
85
65
85
1894
19M
•6
8X
44
16
10«
•35
•85
U
70
36
12
•6
•41
"24
6494
84
66
84
1856
B8i4
809i
19«
61%
31M
62
•64
66
86
59^
80%
41
19M
71
31
35« 3594
IIH 11«
80
31
68
3«
12
30Ji
129«
•63
•84
3594
1294
3094
31
5U^
3194
PltUb. Oln. Ohio.
Do
*5
39
1096
71
1096
•69
3594
1296
•1»M
IV^
36
3094
Do
St. J.
11194 112
•85
....
•45
....
86J4
37^
13«
13J4
571^
19
58>6
109HU1W 108H
35 ...,
25
45 ...
45
66«
6696
75
759«
7494
7%
75M
7M
81^
10« lOH
•55
55)^
88«
•17«
1794
60X 61
im 109
19H
19H
63« 63H
5e« 67«
89
38% 87«
13^ 1394
56% 68^
64
64
1419414194
56H
5594
7494
794
2194
1096
7H
7596
8
22V6
lOJi
lOH lOH
54
53« 55
28M 28% 29
17
16H
50
60M 49
120 126 •120
14M 14M 14
63
e4H 64
85« 3594 35)4
55
2994
17
36V6 37V6
13^4 ia94
57Hi 68
1894 19^
10896 109>ft
•25
•45
•62
6594
76^4
79i
8H
100
2,435
113
2d pref.
1294 St. Lonli Sontli western. .
pref.
33^
Do
2,050
17,000
2194
1096
23^6
54
29
I16M
13%
1896
5S
6696
19)6
19%
19)6
20
109)6 109)«
108M
10«
10
55
55
29
2996
18)4
49H i48^ 49
26
45
Toledo
Do
7694
10)6
•65
t9*
& Ohio
10,895
88,545
3,430
,
(N. T.)...
Central. .
.
pref.
I
400
100
pref.
118,1?8
16,492
...pref.
35,784
pref. 57,725
4,780
L. B., new
Tnlon Paolflo
Do
^abash
Do
24)4
1(96 Wheeling
Do
Do
67
30
17
51
17
•49
l!i,501
Twin City Rapid Transit.
679(,
2994
17
128,385
Avenue
Do
55
49
pref.
'^rezas& Paolflo
108)i i- hlrd
5696
76)6
896
2896
2394
10)6
49
Dnlntta
13% Southern, yoting tr. otfi..
Do pref., vot. tr. otf•
63)6 67
8%
ie%
Paal&
Do
780
3794 Southern PaolfloOo
5896
83
2d
k
Br
.
.
485
1 at pref.
2d
7,137
8,305
2,110
pref.
new
Wlsoon. Central,
Do
pref.
Jan
Jan
22^Deo
6«94Apr
3596A.r
60 Mar
93 Mar 22
4
6)6 J an
9
9
8'<
pref.
58
8)4
Ittpref
48
80
10
610
1st pref.
37)6
61)6
•140
143
5696 67)6
75)i 76H
...
569<
75>^
37
&
Apr 88 80)6Jan
Mur 9 94 Jan
Mar 12 amApr
43)4Jaa 27
80 Jan 16
6 Jan 23
43 Mar 6
Fr., TOt.tr. otf».
86)6
1396
25
45
...
...
22s
L.
pref.
a. III. Tot.tr.oti.
Do
16)4
Do
lOH at. L. A 8
71
Do
36
Do
44
St.
87« 38J<
ISM U
5SH 6^
19« 20H
* St.
Rio Qrande W«it«ni
96'
6
44
16
am
STOCKS.
Y. STOCK EXCH.
429
pref.
8,395
19W Reading, TOting tr. otf i.
609»
lit pref., TOt. tr otfi 188,845
9,500
81% 2d pref., TOtlng tr otfs.
•8fli6
5
N.
65
85
19)4
31
40
12
1096
69
10« •io«
68
Friday,
April 27
19M 19H
59H 60M
44
16
12
16
10% 10%
•69
67
85
85
6
8J4
18
12
3CJ4
April 26.
•84
19
«43« 43H
18^ 12M
\0% 10«
69^
35H 35H
April 25.
89« 89W
6
6M
44
68
18M 11
3834
«9«
81
April
82«
82M 38«
•41
•18
Wednesday Thursday,
Monday,
April 23
829
2.
Range for year 1900.
Range for preSales
of the (hi basisof loo-sh're lots vtous year (1899)
Week.
Shares Lowest.
Highest
Lowest. HighetL
aiOOKS—HIGHEST AND LOWEST SALE PBIOE8.
Saturday,
April 21.
Pagb
Feb 100
Ang
86
Jaa:
eSXAw
88)4Mar
394 J 'ne
38)6May
68 Jan 25
32)6Jan 5
64
9HJaa
1394M.r26
9
9
Not
44
25)6Jan
66 Jan
49%Jan 2
12^4 Apr
16^ Feb 5
9 Jan 24 12 Mar 31
72)6Mar 30
39 Mar 30
JU
May 88
15)4 Deo
42!4I)eo
J'ne
90)4NoT
7)6Dee
55 Jan
18 Oct
8%Dec 14%Feb
May 76)6Jan
28)6Dec 44%Jan
18XAng
694Jan
17 Jan
23i6Jan 10 3494Apr IH
50 J^ J an 11 56 Jan 3
36 Jan
lOi^Mar 16 98)6Jan
00 Mar
35)6Jan 8 43 Mar 27
27 May
11 Jan
8 1594 Mar 27
10 May
27
40%Jan
51%Jan 8 6l)6Mar
12>4Deo
149^Jan 10 81 Apr 17
45)4Mar 2 135)6Jan 3 11794Deo
20 Jan
35 Jan
38 Jan
63),4Apr 21 68)6Jan 24
136 Jan 2 li'i Apr la 118 Jan
38)6J'ne
4496 J an 10 60%Apr 4
66)(Dec
7396Mar 2 78H^pr 4
e^Dec
6HMar 16 896ADr 27
19 May
1994 Jan 10 21>4Apr 27
7%Dec
9!4Jan 11 11 94 Mar 3«
45 Deo
52 Jan 2 SH^Apr 2
21)4Dec
26 Jan 29 33HMar 26
16«Mar 17 2094Mar3l 13)4May
45 Dec
47)6Feb 2 57 Apr 2
4096Aug
73%Aug
Jan
44)4N0T
106
14!40ct
6896NOT
2596Mar
342 Feb
73
Apr
Deo
Apr
141
Feb
29
46
61)4 Deo
84)6 Jan
8%Jan
25)6Apr
18
64
Aug
Jan
32%8ep
21 Nov
69
Au«
raiscellan'B Stocka.
280 111 Jan 2 5123 Apr 27 5108 Jan (119 Feb
1096Dec 21%M»y
12)6Jan 15 18 Feb 7
61 Dim e8968ep
59 Jan 30 67%Apr 2
Do
pref.
66
6696
65)6 65%
30 Deo 46 Not
31 Jan 17 3 794 Apr 7
36
36
American Cotton Oil
3594
3394
3594 3594
100
88)4Jan 97%Oot
•9
96 98
100 Apr
90 Jan
97 too
98
Do
pref.
98
96)6 96)6 86
52!iiMar
710 24%Jan
30 Oct
33><Jan 22
27
•26
27
87
28
American District Tel ....
37
27
37)^
'146"' 150
60 §142 Mar
§151 Mar 39 133 J'ne 5160i^An
•146 150
145 150 146 150 1150 150 •147 150 American Hzpress.
31 Dec 41)48ep
4,918 33>6Jan 10 49^Apr 4
4794 48)6 American Ice
48)6
4798 *8)4
47« 48>6 48)6 48% 4794 48)6 47% ~"
~"
104 72HJan 5 78)6Feb
7294 Deo 85 Sep
•76
75 77 575)6 77 i75)6 75)6
Do
76
•75)6 76)6 •75>6 77
pref.
43U
7
1 1
Mar
•18
16HFeb
894 J'ne 1696N0V
14
•1296 13)4 •1894 13)6
•1294 13H
1294 American Linseed
12% 13
851 5294 Jan
44!^J'ne 61 Dee
60 Feb
67 67M 55)4 56)4 <57i4 57)4 56)6 57 (56 56 •86)4 57H
Do
pref.
6)6Dec 37)6Jan
3)4Mar 2
•4
•4
794Jan
394
4)4 American Malting
•3)«
4)4
4)6
4)4
160 20 Aor 16 31)4Jan
24 Deo 87)4Jan
81 22 •30 824H 21 22 12094 8094 •ai)6 22
Do
21)6 21)6
pref.
30 Dec 59 Apr
3P% 37)4 37M 38)6 38
37% 88 Amer. Smelting A Refining 7,125 35)6Jan 2 43%Feb
37>« 37J{
88)6
38)6 38)6
77)6Deo 94)6Apr
2.427 86 Jan 2 93 Mar 24
Do
pref
90
89!4
89)6 89%
iBO
89
89
89
8894 89)4
8996 8^96
24 May 4896N0V
6,930 25HApr 23 50)6Feb 6
37
26
27
27)4
2794 American Steel Hoop.
27)6 28
25)4 2694
26)4 28
70 May 8694Sep
3,900 73 Apr 17 86 Feb «
Do
pref.
75
74% 75M 7496 7496 75)6 75>^ 75)6 76
74H 75
42
Amer. Steel & Wire (new) 133,524 37)4Apr 23 59%Apr 2 82 Dec 72 Mar
37« 4296 3714 41)6 40)6 41)6 4096 42)6 41)6 42M 41
84 Dec 10694Mar
95 Feb 1
Do
pref. 33,340 75)6Apr 21
79
7iH 79
75^ ':7h 76H 7894 78)6 80
7994
79)6 80
11996 American Sugar Beflnlng. 716,980 9S)4M:ar 3 137)6Jan 4 114)6Dec 182 Mar
10894 lOaji 101!4 106
115)4 111)6 118)4 113
10498 110)4 108
880 107 Mar 2 115 Jan 10 110 Jan 123 Mar
111 1UJ4 •111
Do
pref.
112 112 112 113
ill ....
18 l90)4Apr 11 §98)6Jan 13 594 Deo 105 Apr
§93
92 American Teleg. & Cable.
•90
•90
90 96
90 96
96
96
20 Deo 5294Apr
5,915 23 Apr 23 36961' eb
•8794 38
American Tin Plate
28
S8« 28k 23
38
2S
27
27)6 23
27)6
74 Dec 99)6 Feb
1,370 78 Apr 20 84)4Apr
Do
79
7i
pref.
79
79
80
79)6 80
79)6 80
78)6 7^)6 77
829)6Apr
12
t78)4Dec
lll)6Feb 14
75,581 94)6Jan
lOlM 108H 100)4 103% 103 10394 10396 104)4 108)6 104)4 10394 108)6 American Tobaooo.
510 133 Apr 27 140 FeD 15 121 Deo 150 Mar
133 183^
Do
•133 186
pref.
135 135
31)6Dec 70 Apr
7,346 38 Jan 8 54%Apr 3
48)6 48)4 Anaconda Copper
45« 47J4 44H 46)6 4596 46)6 46)6 47
47)4 48)6
2 154 Apr 7 130 Deo 160 Mar
1,570 140 Jan
160 163
150
150 150
153
160 151)6 153 153H Brooklyn Union Gas
150>t 150
9)6May 8096Aas
8)6Apr 27 1696Jan 25
1,180
runsw. Dock&C.Imp't.
8)6
8)6
9
9
9
9
9
8)6
9)4
9)6
'9H 10
6«Apr|
l)6Jan
100
196S'eb 26
256Apr 10"
•1)6
8
2
Colorado Coal & I. Dev't
1)4
1)6 2
2
IW 1)6 1)6 ?
•\H
64 Sep;
30)6Feb
23
5
39)6Apr
Apr
14,705
olorado Fuel & Iron ....
1)6
4<
43
4194
i2yi 43)6
39)6 419i
4094 42
41X 42)6 43
88 Jan 180 Dm)
121 Jan 30 131)6 Jan 17
Do
•187 184
pref.
125 130
•128
185 137 135
•128
135
127 130
6)6Feb 21)4Sep
I'.OSO
15 Jan 8 21 Apr 2
18)6 I814 Col. & Hock. Coal k Iron.
17)4 17)4
18)6
17)4 17)4
17M 1794 1794 17% 17
Gas (N. Y.).. 10,073 174i6Mar 8 199 Jan 3 163 J'ne 223)4Mar
188H 185 182 185 18196 18494 18096 182 181 187 186 1871^5 Consolidated
20
Deo 65%Apr
41,932 27)6Apr 10 38 Jan 3
2896 89
29% 30)6 80)6 32H Continental Tobacco
38)6 29)4
29
29)4 3096
2994
71 Dec 103%Aa«
5,166 80 Apr 10 89)6Jan 3
82
Do
83)4
pref.
88
82
80H 81)» 80)4 81)4 80)6 8O94 81)6 83
63 Jan 101 Aug
94 Feb 26 95 Apr 16
Detroit City Gas
9294Jan 130)40ot
101 Jan 3 12^96Feb 23
Brie Telegraph JtTeleph.
3994Dec 75 Apr
77,270 39 Apr 21 5794Feb 6
421,4
43% 42)6 44 1federal Steel
39
4394
41
39)6 4194
42)6
4196 48)4
Dec 93)6Apr
67
9,835 68 Apr 17 77)6Feb 6
Do
70^ 71)4
pref.
69
71
71)^
7094
68
69% 7098 70M 70)6 13«i4
69)i
95)6Jan 132 Nov
8,000 120 Jan 10 140>4Apr 19
,.
138 139% 137 138)4 137 138
137 13794
13794 137)6 13791 General Bleotrlo
37 Dec 7694Mar
2,036 47 Jan 2 58HFeb 5
50
60 Glucose Sugar Refining.
SO
50
489i 50
49)6
48)6 49
48)6 4894 49
95 Dbc 110 Jan
180 98 Jan 2 10196Feb
§•^9
Do
99)6
pref.
•95
95 99
98
99
98
99)4
99
97 Jan ll7)6J'ly
800 109 Apr 2S 11 5)6 Jan
110 llOV* 110 110 •109 110
108»4 109)4 •108 110 H. B.ClafllnCo
109 109
68)6Jan
17 Dec
4,293 14)6 Mar 6 25)6Jan
33)6 21
International Paper
34
22
22
22
82)6 82M
22
8194 22)6
62)4Deo 95 Jan
70)6Feb
2,520 58 Mar
Do
^ref.
66
65
64
64
63)4 6594 §66!4 66)4
6494 6494
65H 69
9 Dec 36 Feb
6!^Mar 22 10%Jan
600
8>4
8)4 iDteraationiti Biiver..,,,,
6)6
7
6
8)6
7% 7%
7)6
794
•«H 8)4
30 Dec 63)6Feb
30 Jan 2 40 Feb
•33
40
•33
83 40 33 40 83 40 liuickerbocker Ice (Ohio.)
40
70 Nov 84 Feb
66 Feb 6 66 Feb
65
JJO
pref.
70
63)6 65
62)6 68
•63h; 68
51 Mar 85 Dee
•71
1,106 70 Apr 84 80 Jan
73
•71
73
Laclede Gas (St. Louis).
71
72
72
70
71)6 74
70
71)6
96)6J'ly 102)6May
>
96 Jan 11 100 Jan
98 100
Do
pref.
98 101 • ... 101
96 101
101
, 101
39 Apr
5 Jan
12 14 Manhattan Beach Co
6>4Jan 30 15 Apr 83
480
•10
14
15
14
15
13)6 16
13)6 14)4 13
31 Deo 63 Jan
926 33 Apr 17 40i4Feb 7
33)6 33)6 National Biscuit
33
33
•32)6 88)6 (38)6 33)6
83)6 33)6
33)4 33)4
107)6Jan
89 Deo
160 88)4Apr 18 96 Feb 7
Do
pref.
*83
85 87 •85)4 87
88
184)6 88
8494 87
22)6Dec 40)6Jan
1,730 23 Apr 33 28)4Feb 5
82% 23
22
33)6 22% '821^ 23 (National Lead
2294 23
%2H 12894 8294
115 Jan
103)4Deo
]03)6Mar
6
20
106HFeb
666
Do
pref.
10496 10496
104)4 105)4 104% 104% 104 104% 104% 105 il04 106
63 Apr
3 194 Dec
National Steel
9,055 35«Apr 23 53)4Feb 6
36
86
36
36
38H 3594 36)4 36)4 36% 3594 S6>4 36
85 May 9996 Aug
3,155 8894Apr 23 97 Feb 6
90
90^
Do
pref.
90 91
91
90
91
91
8894 90
i8994 8994
11,049 4396Apr 23 54)4Apr 5
61
49
4S96 49)4
51
6194
50
60)6
509i 5194 National Tube Co
4»»)4 4996
Do
4,076 90 Apr 81 9 3)6 Apr 4
91
pref.
91)4
90
91
91
91
91
90
90)4
91)4
9094 9094
43 Jan
36 Oct
35
40 NewOent.Ooal (new stock)
•85
86 40 36 38 •36 40 36 40
40
120 Feb 27 138 Jan 2 110 Deo 830 J'ly
•125 130
•115
125 130
127 125 130 115 13894 •125 180 N. Y. Air Brake
6%Jan 1796N0V
• 1494
8,700 1396Jan 23 15%«ar 26
15)6 North American Co
16
15
16
15
15)6
15
15)6
16J4 15)4 15
6 Mar 10>tApr
9 Feb 2
794Jan 4
142
8)4
8hi Ontario Silver
8)6 8%
9
•8)6
8% 8)6 8% 8)6 8%
35 Dec 55 Jan
3,475 30 Apr 16 47)4Jan 2
33)4 3394 Pacific Mall
SI94 82
33
Si% 33
33
32)6 33
32)6 33
90)6Deo 129)6 Apr
eop'rsGas-L.AO. (Cnilo.) 84,600 92 Mar 9 lll>6Apr 2
104%106H
102 10494 101 10894 108)6 1011^ 108H 10496 10396 108
4494J'ne 61 Asa
1,685 49 Mar 6 5894Jan 17
48
Pressed Steel Car
48
50
•4896 4«H
49
49)4 147)4 47!4 •48
48>6 48)6'
635 79 Apr 23 88^Jan 17 75 Deo 91 Bep
88
Do
pref.
•82
83
83
79
81)6 829* 82
81H 8244 8i394 183
3,735 183 Apr 18 189%Jan 19 156 Jan 30794Cct
182 184 185 185 184 184 185)6 185)6 185H, 187^ 187 18894 Pullman Company
16)6D©o 33%3ep
6,846 17 Apr 17 27HFeb 6
18
18)6 Republic Iron & Steel.
19
18
18
1796 18
18)6 19
18)6 18H
1896
60)6Deo 79 Aug
Do
pref.
3,252 58)6Apr 17 709itFeb 6
5996 60
59
61
61
69
60
60
56094 6O94
60)6 6(J)6
5896Deo 65 Apr
5 9)6 Jan 16 6096Mar 8
•60)4 61)6 60)6 61)6 60)6 61)6 •5994 60)6 59)6 60H 59)6 60)6 Silver Bullion Certtfs.
15)4Nov
6)68ep
4)6Mar 6 10)4 Jan 3
850
tandard Bope it Twine.
•6
•6
*3
694
8)6
e)6
6)4
69i
6)4
6)4
6)6
36 Jan 136 Sep
11,796 79k Jan 11 lot Feb 2
84
8596 1-^enn. Ooal Iron A KB
85
83
85
94
81)6 84
84)6
83)6 85
5155 Jan 5 5160 Feb 2 111 Jan 160 Aug
Do
pref.
17)4Dec 45 Mar
1,110 ia%Apr 27 25 Feb 7
•15
16)6 15)6 Union Bag St Paper
18
17
18
1894 1894
1694 1694
1794 1794
71 Dec 89 Mar
1,490 69 Apr 24 7794 Feb 2
iDo
pref.
69
6994
•68
6tf
72
69
69
69
70)6 71)6
169)6 69)6
265 §45 Mar 12 §4 1)94 Mar 31 {45 Dec 60 Jan
48)6 50 United States Bzpress....
50
149)4 4994 •49
50
548)6 49
548)6 49H •48
594J'ne 40%NoT
33,836 1096Mar 3 19 Jan 3
United States Leather. .
11)6 13
11
11)6
11)4 1194
11
10% 1196 11
11)4
11)4
e4HDeo 84)6Nov
4,890 69 Apr 18 77 Jan
78
Do
pref.
71
70
7096 71
71H 697^ 70H 70)6 70)6 70)6 71
37%Deo 57 Apr
2,696 35H<^lar 14 44 Jan
38)4
33
33)6 3396 533)6 33)4 United States Bnbber
8394
3394 3394
32H 38
9994 Dec 121 J'ly
685 90 Feb 37 10 494 Jan
Do
pref.
98)4
•97
197
97
97
98
96
97
97
59«H 96H §97
120 Dec 135)6Sep
123 Feb 27 512a«Feb
•184 las
'123
185 138 •124 128 i»6 183 WeUs, Fargo & Co
128 •125 128
7,1*8*1
83 Dec 98)<Jaa
80)6Feb 27 ;88)6Jan
est Union Telegraph
82)4 88)6
8096 83
81
8194 82
81)6 81)4
8194
81)6 8194
180H
•14J4
19294
180>i
14J4
6394
120
126
14H
•120
125
14%
125
15%
65%
16
il20)6 122
16^ 16^
16"4
6654
3694
Adams Bzpress
merloan Car St Foundry
11,231
9,188
8,040
—
4
H
3%
. .
Ji
-
.
''
1
8
.
. .
.
.
Bid and asked prices;
no
sales
on this day.
OUTSIDE SECURITIES
^Wtrwet Railway.
Ooney Island it Brooklyn.
1st 6s 1903
J&J
Is oertf 8 tndbtl903.J&J
Bid
325
10i)6
100
103
B'kC.ANew 5»'39.J&J 115
ar.St.&New lst5s'06A&O 104
O'p't St Lorlmer St. 1st 6s
108
Kings Co. Blevated.—
lit 48 1949
Nassau Else pref
6s 1944
A&O 109
1st 4s 1948
J&J 92
NewWmb'g&PU8tex.4)68 105
Bt^nwaylst6sl983. ..J*J 111494
,
Ask.
380
%f
117
I
Lessthan 100 shues.
(Givsiir
Street
112
94
107
110
Hx 100 p. a
stock div.
at foot op 7 oonsboutivb PA^Qm).— 81 REST
Railway.
Bid.
Street Rallwaya.
Ry— Con 58.— S«s P
Ask
Col St
OTHKR
CITIB3.
Buffalo Street
By— Stock.
100
lstcon80l5sl931.F&A ni6
MAN 5108
Deb 6s 1932
Chicago City
83
80
t
BR— Stock.
Indianapolis Street By....
Cleveland City Ry
Cleve Clty-l8t 58 •09.J4J
Cleveland Bleotrlo Ry.
MAS
Con 58 1913
. .
Columbus (O) St Ry
Preferred
«
24)6
100
105
87
104
86
85
J
118
111
265
—
CrosBt'wu Ist Ss.......
C Hob & Paterson
4b g N V 1 1949. .MAN
106)6
Kansas City BI 6s
Guar 4s 1938
JAJ
Lake St (Chlo)Blev-Stook
deb 5s 1928
JAJ
Loulsv St By— 5 p o bonds
88
1C6
88
88
LynnABos-lst 5s '24.JAD
Mlnneap St By-5s '19. JAJ
ml
Common
Preferred.....
Bid.
Ask.
list.
110
RAILWAYS,
&c.
Bid. Ask.
"22)6 34)6
Street Railway*.
Orleans City By
New
99)6
Preferred
231
106
19)4 North Chicago— Stock. .
J&J
l8t 5b 1906-16
83)6
ill
North Jersey St.— Stock.
.
29)4
237
81
86
89
180
Pat Ry cm 68 1931.. J4D 115
9
AAO 99
Gen&i 1914
96)6
118
1*0)6 ? uv A Pawt'ok-lst 5s '33 «116
12
18
Ry
toohester
79
AAO (108J6 108
111
Con 58 1930
88
JAD 85
3d 58 1933
115
Inter est.
109
i Buyer pays aoorneu
89
Bonds
.
BONDS
N.Y.8TOCK EXCHANGE
M-N
labama Mid
Albany &Sa8q. Se«D&H.
AIl«ghenrVaL SeePennCo.
Am Dock & I. Se«CenofNJ.
93
1995
Ann Arbor 1 It g 48
10C91 siale
Atoh T & S Fegen g 4b. .1995
1995 A-O
Registered
1995 Noy+ "siiisale
Adjustment g48
1995 Noyt
Registered
Bqnlp tr ser A g 5b. .1902 J-J
J-D
107
106
CenOhloRl8tog4>fi8l930
& Car.
NT
106
BONDS.
since
N. Y. STOCK EXCHANGE
Jan. 1.
93H
lOOM
99
7
98k
lOuM 224
Feb '00
460
90
94k
98k 108
99
^8}i
99
86
79MI>ec'9v
106
105k 106
108
1990
C & H.
M-8
A-O
9ex
96% 209
92k
979«
100V<
100% 163
Apr '00
9J^ 182
97k
1029<
101
80
89
Apr '00
101
101
87
91
87"
91
)••••• tee**'
ill" J'ne'99
Bway&7thAy. SeeMetSRy
Bklyn & Montauk. See L Isl.
Buff N
Ssv F&W
114
llSJi^
Apr '97
Apr '00
131
124MFeb'00
139
ISO
100
106M
117
106
CRIaF&N. SeeBCR&N
87
Oen Branch
88
80
"9 6"
97H
44
14
.
. .
•llfl
104
*
87M 90
91
96
99^
Sale
J 116
J 106
«•••«
Bale
91
118k 190
129
88k 96
Oct.'99
44H
14hi
7
67
23
aSk 44k
J-J 114%
J-J} 118% Sale
Q-JI
J-JJ
J-JJ
. .
OUTSIDE SECURITIES
ByraonaeRap.Tr..
5b,
1946
union Trao (Chlo) Com.
Preferred
United Rys (St
Preferred
D—Com.
4a.
Bid.
Ask.
99
I
94% 96k
86
76k
88%
77i,
73
87
73%
87k
84
Un'd TrABleo(Proy)-8t'k
lOt
Weat Chicago
Oon 1986
109k
103k 108%
oi
MAM
Woroeater (MaaB)Tr-Com
Preferred
167
Jan.'00
167
178% 178%
166% 178%
109% 178%
112H114Ji
1149< Apr'OO
1125^
118
109
113
105% Feb'98
117%Jan.'00
J-J 119%
117
Deo '99
J-J 121%
120% Apr'OO
J-J 120
Chic&PWlBtg6s...l921 J-J 121
122
188
Dak & at Bog 5s
1916 J -J 114%
114% 114%
Far & Sou asBU g 6s.
1924 J-J
137kJ'ly'99
IstHast&D Diy 78.. .1910 J-J 136% 139 127%Jan.'00
58
1910 J-J 111%
111% Apr'OO
l8tI&DBxten78
1908 J-J I72k
172 Apr'OO
iBt La Crossed D 58..1919 J-J 116%
119 Apr'OO
Mineral Point Div 58.. 1910 J-J 111% .... 111% Feb '00
l8t So Minn Diy 68.... 1910 J-J 119% .... 120
180
Ist Southwest Dlv 6s..l90« J-J 118% .... 120k Sep.'99
Wi8&MinnDiyg58..1921 J-J 119%
liO Apr'OO
Mll&NolstML6B...1910 J-D 130
118 Jan.'00
Ist consol 6b
1913 J-D 122
123 Feb '00
Chlc&N'west—Oon 7S..1915
143
F 143 Bale 143
Gold 7b
1908 ?.
111
111
___ Apr'OO
111
Registered
1903 J-D
111% Apr'OO
Bxtenslon 4s. .1886-1926 F-A
109% Apr'OO
Registered
.1886-1926 F-A
107
Mar'OO
Gen Gold Ska
1987 M-N
llOM Apr'OO
Registered
1987 Q-N
103 Noy'98
Sinking fund 68. 1 879-1929 A-O
117
Apr'OO
Registered
.1879-1929 A-O
117 Mar'OO
Sinking fund 58.. 1879-1 929 A-O
108
107
ReglBtered ....1879-1929 A-O
1069^ Mar'99
85-year debenture 6b. .1909 M-N
109k Mar'OO
1009 M-N
ReglBtered
106 Dec '99
SO-year debenture 68..1921 A-O
119 Apr'OO
Registered
1921 A-O
117% Feb'98
Sinking fund deb 6s ... 1 933 M-N
192 Apr'OO
Registered
1933 M-N
119% Deo'98
Des Mo & Minn Ist 7s. 1907 F-A
Bscan & L Sup Ist 68. 1 90 J-J
103% Feb '00
IowaMildlandlst8s...l900 A-O
103 Noy'99
Mil & Mad Ist 68
1905 M-S nan
112% lis
North Illinois 1 st 5s. 1 9 1 M-8 110
112% 112%
Ott C F & St P 1st 58 .1909 M-S 110
111% 111%
Winona & St Pet 2d 78 1907 M-N 120
120 Jan.'OU
Mil L S & W 1st g 68.. .1921 M-N 138% Bale 138%
138%
Bxt&Imp8fg5s...l926 F-A '123 ..... 125 Apr'OO
Mich Diy Ist gold 68 1024 J-J '189%
140 Dec '99
Ashland Diy 1 st g Os 1 925 M-S '139
139% Apr'OO
Convertible deb 68. .1907 F-A
105% Feb '97
Incomes
,..1911 M-N i**«ei •••
112 Noy'99
Chic Rock Isl & Pao— 6s. 1917 J-J 182
...
133% Apr'OO
Regi8t«red
1917 J-J
131
Mar'OO
General gold 4b
1988 J-J 107 Bale 107
107%
ReglBtered
1988 J-J
107 Apr'OO
Des M& Ft D Ist 4b... 1905 J-J
96 Mar'OO
l8t2ks
1905 J -J
83 Dec '99
Bxtenslon 4b
1905 J-J
99k 98% May'99
Keok&DesM let 5s.. 1923 A-O 108
108% Apr'OO
SmaU
1923 A-O
ioB%
117« IITK
118% 130%
81
3
118
193
110% 114%
i«7% iW-TM
110% lUg
166
111
88
104k 106
81
173
117% 119%
111% 111%
117% 190%
117
118
192
1909i
n»
189
140% 144
109 111%
108% 111%
108% 111%
107
107
10B% HOT*
117
116
107
117
117
110
107" io»%
116% 110
118% 19S
103% 108%
.
.
J'ne'if9
J'ly'98
iiik
116
122k
U5H Apr'OO
113
1169i
117^135
98
100
lOOii
Apr'OO
& St L See Atoh T & 8 Fe
ChicStL&NO. Seem Cent.
Chic St L 4 PlttB. See Pa Co.
Chlc8tPM&Ooon68..1930 J -D 136
Ist 68.. 1930
St P & S City Ist g 6s. .1 919
Chic Ter Transfer g 4s.. 1947
Ch &WestI Istsf g68.. 1919
General gold Os
1 932
lOO^i Chlo
103
117
99
14 116
118
J'ne'99
100
212
97« Aag'99
96H May'98
95k
&WeBt Mloh Ry 6B.1921
13 101
99
lOlX Apr '99
10 H
1019^
106i4 Apr'OO
100^ 103
106k I06k
101% 101%
101% Mar'OO
106% Feb '99
112k
99i4
10
110k 113
Apr'OO
10*5i Apr'OO
101
101k
1049^ 10494
101
1053^
3 100k 102
26 I009i 106%
101
100%
1045i
117
108%
118
Mar'OO
118% 117
1059i
107
12 108M 118
113
lllHJ'ne'*»
103 Jan.'00
135
1SS)4
lllM
190H
116
111k
18
M
Apr'OO
134
117
lieji
lOSk Noy'98
134
108M
116
108k
Apr'OO
106% 107
116% Apr'OO
6
103
lbs" 103*
3 laok 132
8 108k 112
Bale
?:
J-J
M-N
1937
ClnD&I Ist gugSs... 1941
180
187
132
Securltlea.
181
103k 107%
105% 107
9«
S6
108%
114.
131
1S6V
183
188
96%
92% 07%
10
Oct.'99
99%
103
120
190
Mar'OO
118
Oct.'99
J'ue'99
Jan-'OO
•••••• eeeee*
108
108
Aug'99
103%
Oct.'97
113% 114
114
114
il4*
187" 1*39%
&
St
L—
J-D
J-J
...1993
Cairo Dlv Ist gold 48.1939
97%
ReglBtered
..1990 M-N
Spr & Col Diy 1st g 4s 1 940 M-8
Dlv Istg 48.1940 J-J
C I St L & C oons 68.. 1920 M-N 103
1936 O-F
Istg 4b
104
1936
ReglBtered
Cln 8 A 01 oon lit g 0i.l928 STj 116
CCOAIoonB017a ...1914 J-D •137
1914 J-D
Consols f 7a
Oen oonaol gold da .1934 J -J 138
1934 J -J
ReglBtered
May'99
88
Noy'99
i05k
Apr''o6
94
98
98
08
J'ne'99
Apr'OO
'"e
104k
101% 104%
180
137
108% Feb '99
0a...ie38
W latpf
lat oon 4a. 1940 l-Js
#••
8S^
30%
Apr
A-O
1990
5b. 1933
105%.
iieji ii6Ji
Apr'OO
137
C&Sl8tMOOO*I7a.l901 A-O
Peo & Baal
106
116% Mar'OO
187% 138k J'ly '99
.
Inoomeia.
Cl Lor & Wb oon lat
31
98
97
9b
104
99
.
WWVal
OInd *
97%
Sale
01i>WAMDlylBtg4s.l991 J-J * 98
8tLDlylBtooltrg48.1990 M-N •108%
Sale
Sale
Clev A Marietta. Sm Pa RR.
Cley * Mataon Yal g Da.. 1988 J -J '139k
1988 Qn-J
Reglatered
13 119
18091 Clev & Pitta. 8m PannOo.
118% 116
Col Mldl'd— lat g8-8^a. 1947 J-J
78 Bale
1947 J-J
iBtg ia
80 Sale
1929
F-A
188
iBt
48
84 Bale
Col &, Sou
lS3k
g
118 117
)oi&9thAy. SMMetStRy.
lolum if Greeny. 8m 80 Ry.
Yal. See Hook Val.
1 105% 108k Col A
*se»*a •••*••
• • I
9»%
80%
89
89
IDS
'00
106
108
Mar'OO
198
180
Feb
199
84% 98%
90
84%
4fl
85
70%
71% 80
68
73% 910
77
78
88
80
e
84%
89
58
86
H
I0I Oomt A Term. Sm NAW
Conn & Paa Blra lat g 4a. '43
111%
"73 10* 115k
107
Dak&GtBo. SMOMAStP.
«n<u A Waoo. SmM KAT.
118 116%
A-O
aOptionsales.
ODue Aug. oDue AprlL dDueOot.
(Given at foot of 7 consecutivb pages).— fl^^^S^ SECURITIES,
Oaa
188%
ClAk&Ceq&2dg6B...1930 F-A
CCC
106k
96
'1C8
Coupons off.
1921
Choc Okla & O gen g Ss. 1919 J-Jd
ClnH&D const 78.... .1905 A-O 114
Geng4s
lOfJ^
118M
lOOJi
141
131
'
!-D '118
119k CIStL&C. SeeCCC&StL.
116k 121« ClnS&C. SeeCCC&StL.
Clearfield & Mah. SeeBR&P.
99H Apr'OO
106H
1179«
J-J
A-O
J-J
M-N
Nor Wisconsin
2dgold4k8
"16
139% 1S«K
Apr'OO
Mar'OO
Mar'99
Apr'OO
136
136
140
ISO
96
106
119
100
137
ChStP&MlnlBt68..1918 M-N
& Ch ist 68. .'10 J-J •nSH 117
Mo price Friday {latest bid and asked this week. tBonds due July. *DaeNoy. IDueJuua. IDueJao. IDueMay.
Btreci Hnllway.
io side Kl (Chlo)— Stock
167
172% Apr'OO
172% Apr'OO
173% Apr'OO
Chlo
15
Dec '99
116
118^
laoH 119H Mar'OO
Bale 121
181H
121
104
Apr'OO
U7H
,
1947
1C4
122
laiJi
112*4 Mar'99
100
J-J
R&ADly lstoong4sl989 J-J 106H 107
2doong4s
1989 J-J
Warm Spr VaJ Ist g Ss 1 94 M-8
BaiiLez& BSgug 58.1902 M-8 •101
COUo & Alton sink fd 6s..l90U M-N 107
Lou & Mo Rly Ist 78.. 1900 F-A 102^
Sd7s
1900 M-N
MlS8 Rly B Istsf g 6B..1912 A-O
Oklo Bur & Q—
Con 7s
1903 J-J 112^ Sale
Sinking fund 5s
1901 A-O 103
Ohlo&Iowa Dly6s....l905 F-A '104
Deny Diy 4s
1922 F-A 1007« Sale
nilnoisDly g 3HS....1949 J-J 106)^ Sale
Registered
1949 J-J
Iowa Diyslnkfd 5a. ..1919 A-O n4«
«
1919 A-O t05H 3ale
Nebraska Bzten 48 .... 1 927 M-N ilSH
Registered
1927 M-N
Bonth western Diy 4b.. 1931 M-8
Oonyertlble 6b
1903 M-8 125 196
Debenture 58
1918 M-N 111
Han&St Jos oon 68.. .1911 M-8 120 182
OUo&BIll. litsf our 08.1907 J-D 114 116
Small
1907 J-D
lBtaong6B
1934 A-O 184 136^
OeneonlstSs...
1937 M-N 116«
Registered
1937 M-N
Ohio & Ind C Ry Ist 68 1936 J-J lOS
Okleago A Brie. Se« Brie.
g 58
105k 108k
106k 109k
1
110
Registered
Craig YaUey Ist g 68..1940
Refunding
Lonlsy N A
2
lUhi Apr'OO
122M 183K
100^
•100}^
Ohes & Ohio—
Ob In & L< uis— Refg 6a.l947
1079^
104
119
7
Re» istered
J-J 172%
J-J 172%
J-J 17ak
J-J 178%
lstC&M78
1903
Chic Mil & St P con 78. 1 905
Terminal gold 5b
1914
Oen gold 4b serieB A. 1989
Registered
1989
Oen gold 3ks series B. 1 989
Registered
1989
Chic & L Su Diy g 68. .1921
Chic & Mo Rly Diy 58. 1926
Chic & Pac Div 6s
1910
.
107H
Jan.'00
95
102
96
Cen gold 4^s
124J<
15
91
.
1908 A-Ot
1911 A-Ol
1939 M-N
1939 M-N
1992 M-S
1992 M-S
131
Jan.'99
119
. .
A
131
ia4«
106k 109
115 117k
10«M
Apr'OO
93
95 Bale
1945 M-N
Registered
1945 M-N
41
1st pref income g 5s
1945 Oct.*
44H
14
14^
Sd pref Income g 58... 1945 Oct.*
3d pref income g 58. .1945 Oct.*
en...
M&NDly IstgSs
1946 J-J
Mid Oa &, Atl Diy 5s. .. 1 947 J-J
Mobile Diy Ist g 58. .1946 J-J •
106H
Oentof NJ-lstcony 7s.l902 M-N -noH
General gold Ss
1 987 J-J
182M 3ale
Registered
1987 Q-Jt 12191 Sale
Conyertible deb 6s. .1908 M-N
ser
113k
Noy'99
118«
*
OonsolgoldSs
Gold 68
1st con g58
M
sine*
Jan.L,
Ask. Low. High. Ifo. Low. High
Bid.
Chic Milwaukee & St Paul—
& St P— l8t 7s » g R D.'02
l8t7s£ gold RD.... 1902
?2
.
'
Am Dock & Imp Co Cs.l921 J-J
Le & Hud R gen gu g 6s.'20 J-J
Leh & W B C con as 78.1 900 Q-Mll
58
1912 M-N
Cent Paclflo See So Pao Co
Charles <k Say Istg 7s... 1936 J-J
loe
110«Feb'99
Canada South 1st 5s.. .1908 J -J 107^ Sale 107^
ad 6s.
1913 M-S 107 107J< 107ii
105
104
1913 M-S
Registered.
Garb & Shawn. See 111 Cen.
Oar Cent. See Seab & Roan.
Carthage & Ad. SeeNYC&H.
D P Istg 4s.l948 J-D
Central Ohio. See Bait & O.
OeaRR & B of Ga^Col g 58' 37 M-N
Cent of Oa Ry— Ist g 58.1945 F-At
Registered
1945 F-At
Apr'OO
103
M&8tLl8tgug7s....l927 J-D
068
27.
Week
Range or
Last Sale.
. . .
Y & Brie. See Brie.
1937 M-S •112
BnffR&Pgeng58
1947 J-J
Debenture 68
Cl&Mahlstgug58...1943 J -J
Roch & Pitts 1st g 6s. .1921 F-A
Consol l8t6
1922 J-D
Buff & Southwest. See Brie.
Bnff&Susq Ist gold 58.. 1913 A-O
1913 A-O
Registered
1900 J-D 108M
BorCR&NlstSs
Ist
Con
& col trg 5s.... 1934 A-O 117
1934 A-O
Registered
C R I F & N W Istg 58.1921 A-O
.
Friee
Friday,
April 27.
5*1
LXX,
[Vol.
. . .
M
^le'
Week Erdino Afb.
1.
, .
See Illinois Cent.
K & T.
Bridge. See
Brans & West,
Page
(5 pages)
Range
109M 105
Mar'OO
PRICES
.
. . .
Austin &NW. See. SoPac.
Creek & S. See Mich Can
Bat
96^ Bale
alt A O prior 1 g 3>i8.1925 J-J
1925 J-J
Registered
A-Ot
lOOM
Bale
1948
Sold 48
1948 A-Ot
Registered
BouthwDly Istg 31^8.1925 J-J 'VoHieale
1925 J -J
Registered
FJun&MDlv l8tgS>isl925 M-N "Vo" '.',V,'.
Ft
Registered
MononRly l8tRUg58.1919 %
Beech Creek. See
Last Sale.
1^
M-S
Chlo & St Lou lBt68. .1916
Atlanta & Char. See Sou RyAtlan & Dany See South Ry
Atl Knox H. No 1st g 5s. 1946
Atlan i, Tad. See South Ry
WVa&Pl8tg48
Range or
Ask Low. High. No. Low. High
Bid.
See Sou Ry
Ist tzn er.l928
Alabama Cent.
. .
Week's
Price
Friday,
April 27.
8-e
Wbbk Endiho Apr. 27
Booney
1
THE CHRONICLE-BOND
830
Bel
K
NN
1
Bid.
Ask.
Oaa Seonrltlea.
N T & Bast River Gas—
1st 58 1944
NBW FORK.
JAJ
Cent Union Gas— lat 6a «109% 106
Consol 5b 1946
JAJ
Oon Gaa (NT)— Stock— TStK Bxoh Nor On let 58 1937. .MAN
Deb 58 1908
MAN 98 100 Standard Gas—Common.
Hqnlt Gaa
Preferred
114
116%
Con. 68 1983
Ist 5r 1930
MAN
MAS {114 •16
Mutual Gas
ass
385
OTHBR CITIB8.
N. Amsterdam Gaa, Com.
80k a6k Baltimore Couaolldat—8e
Bay 8tat« Gaa—
Pref
60
68
Ist consol 68.
»8
i 97k
Boston UnltedOas BondaNT Bleo Lt Ht A Pow— T.Stk.
Bxoh Bnffalo City Gas— Stock.
Gold 58— See N. T. Btk. Bxoh. List.
Ist 6b Bonda
Bid.
Ask.
Heourlllea.
iiwL%
dte.
Bid.
Aak
Gas— See M V Sto ok Rx OD.
iDOlnnatl G«*» A Coke.
198k
lol Gas L A Heat— Com..
00
Preferred
....
80%
3ltloago
1106
103
90
106
180
1116
110
108
94
116
140
117
(Bait. Lis
Ik
1«
-Bostn uLlt
e% 7
1
60
78
iBt 6i
JAJ il06
1938
nsolid aas(NJ)— Stok
lBt6s 19»a
JAJ
CinaolGaa (PitU)
Pref
Bonds 6a
."^
)nsnm Gas
(J
City)—BU
lates
{And
intereat
16
80
107
19
83
••••••
113%
109
MAN
1106% 106
t Price
per ah are.
—
APE.
THE CHRONICLE —BOND
28, 1900.]
Price
Friday,
April 'il.
BONDS.
N.T. STOCK EXCHANGE
Week Endemg Apr. 27.
Bid.
•188
•140
& WMtern 7I..1907 M-8
llorrla A Biiex Iit7t.l014 M-N
1871-1901 A-O •104H
7i
D«l Look
J-D •140
J-D
Registered
KYLaokft Wist 61. .1921 J-J
1923 F-A
Oonstrnotlon 5i
192S M-N •104"
Term & Impt 4f
Byi Bln« A N Y lit 7i.l906 A-O •11»«
1900 A-O •101
Warren 8d7f
Del * H— lit Pa DlT 7i 1917 M-M •146
1917 M-8
Befflitered
Albi 8islitoonga7il906 A-O •iVs"
1906 A-O
Beglitered
1906 A-O 118
enargoMei
...1906
A-O
. BMlitered
1931 M-N •163^
Seiu£BarUt7s
1921 M-N
BegUtered
Del BIT BR Bge. 8<« Pa RR.
Den * Bar itt Koid 7s. 1000 M-N 106
101S
1913
litoonguar 7»
tinee
Lagt Sale.
Jan.
Agh. Low. High.
ISO
Mar' 00
Feb '00
Aag'08
148" 148*
Feb.'00
May'07
i«6" 180J< Apr '99
133
118
118
164
141
104«
.
J'ne'99
118)4116
Deo '99
8ep.'99
teese eseet
Ma7'98
1045^
7
108)4 104>^
40
96)4 09H
-
107
BMM&Mlnn. SMCbftNW.
Bee M Un Rr lit g Si. 1917 M-N 100H£ 111 109 Feb '00
•etM&Tol. SmLS&MBo.
9i
DttAMaok Itt lien g 41.1995 J-D 93
1995 J-D
83M Bale 8SW
8SM
Oold 4i
110 Apr'OO
Dnl A Iron Range Ist6i.ies7 A-O
1987 A-O
Beglitered
1916 J-J ••••ft seees
MBi
tseee
eeeess
BulRed W A 8 1st g 6s. 1928 J -J *eoet* ••••• 98M Feb.'09
Bui Bo Shore & At g 6s 1 937 J -J *112«
113^ Apr'OO
East of Minn. SMBtPM&M.
MtTVaAOa. 8m. Bo R7.
Igln Jol & B Ist g 58. 1941 M-K •113 118H lis Apr'OO
lliLexABS. SmC&O.
Im Cort A No, S«f L«h&NY.
1047 M-N •
123 U7« Feb '00
Sn*iitextg4s
1910 M-8 •laoM
tdextgoldSs.
llOH Jan.'00
1023 M-8 •UBH ess 116)4 Feb '00
•dextgold 4Us
•181«
A-O
loao
4ttaeztgold 6s
183Ji Mar'OO
1928 J-D t08>^
e« 106« Apr '99
6theztgold 4s
1920 M-8 138 189 187
138
lit oonaol gold 7s
143 Deo '98
Iftoonsolgold fd 7s.. 1920 M-8
10
W
&RR
118
•106
N Y 8 A W— 1st rer 6s. 1037 J
tdgold4Ws
1037
1040
.1043
General g 5s
Terminal 1st g 6s..
Regis 96, 000 each .1943
.
WUkABaslstgu g5il042
rte A Pitts. See Pa C!o.
109
UHH
3 137
66
90H
J-D
98
88
"75)4
Feb '09
10 114
117H
Deo '99
Feb '00
117)4
139" 139)^
Oot.'98
Bale
104
Bale
104
08
143
86
06
lis
108«
-J
116)4180
107)4 110
1
98
90)4
93
07)t
108)4118
86 104
105
106
66
ia6M 135
186
A-O 107 Sale
1033 A-O •106 108
Mtvemonlstes
A-O
07«
Bull OoBr'oh lBtg6s..l030
.....110
BrAIudlst oon gn g 6s. 1036 J-J
raigoASo. SMOhMAStP..
Flint A Pere M g 6s. ...1920 A-O 131H123
Istoonaolgold 6s. ...1939 M-N 108 1089i
PtHoronDlT Istg 6S.1989 A-O 108 Sale
ru Oen A Pen 1st g 6s.. 1918 J-J
1st land gr ext gold5s.l930 J-J
1043 J -J
Oonsol gold 6s
rt 8 A y B Bge. Set StLASF.
rort Bt 17 D do Istg 4Uiig4l J -J
72^ Sale
Ft W A D 0— lit g 4-6s. 1021 J-D
nWARloarlitg3-4s.l038 J -J 57^ 60
Har ASA. Set 8 P Co.
Gal
al HAH or '83 1st 6S.1013 A-O 191
«a A Ala Rr 1st pf g 5a. 1945 A-O
1945 J-Jt
Itt oonsol g 5s
lOOH
Oa Oar A No 1st gn g 6s.l02e J-J •••• •••t»e
tteorgla Pactflo. Sm So Ry.
BUa Y a A Nor. Sm So Pao Co.
Orand Rap A Ind. 8e« Pa Co.
lit general gold 5s. ...1049
.
Orar's Pt
Term
See St
Hook Val
1st oon g 4Hs.ie90
1000
Registered
Ist ext g4R. 1948
Ool
T lit g es.ie33
Heust B A
AHY
W
HouATexOea. 8m So P Co.
J-J
J-J
A-O
M-N
Illinois Centralist gold 4i
NO
103
Sale
105
Gas- 8m JS Y Bxo
Bises ft Hudson Oaa
Fort Wayne (Ind)— Stojk
JAJ
1086
Bid.
116H
40
68)4
103
1103
Hartford (Ct) Gas L... 36 t 48
88
Hudson Co Gas
Grand Rapids- Stook
1st 6s 1916
180
lo 102
21 106
110
Mar'OO
FAA
6sgl040
Indiana NatA 111 Gas— 8U
MAN
Ist 6s 1908
106
Mar'08
7S«
73X
67>4
60
104
106
89
13
4
Mar'OO
Deo '98
Feb '00
Indianapolis Gas— Stock.
Ist 68 1980
MAN
61
100
101
W 6s
latgnarg
Ind ni A la 1st ref g 6s.
Int A Great Nor—
1st gold 6i
8d gold
8d gold
.,.,
46
103
Apr'OO
Apr'OO
183)4
10S)i
110
114
116)4
113)4 113)4
104)4105)4
1081
Iowa Central litgold 6s. 1 938
Iowa Midland. Sm Oh A N W.
Jefferson
103)4 106
Mar'OO
Jan.'00
101
08
104
08
108)4 103)4 108)4 Apr'OO
100
103)4
183
e'«
08
ABk.
40
46
em
no
104
41
46
65
104
108
Mar'OO
1.3
Mar'OO
08
•
113)4,
118)4
......
\-.**i
:
••••es
188
90
58
"p*6" "03)4
t
Bid Ask.
8eonrltte».
40
33
100
KansaB City Gas
A&O 5100)4 lOiH
68 1033
Laclede Gas— N Y StooK Hich.
45
40
Lafayette (Ind) Gas— St k
M*N 61
86
1st 68 1984
40
46
Stk
Val—
Loganspt A Wab
JAD 68)4 63
l8t6s 1935
83
81
Madison (Wis) Gas- Stok
AAO «106 110
l8t6s 1936
140
ilB8
Newark Gas 68 1914
Oi
66
63
Newark Oonsol Gas
J&D 1103)4 104
6s 1948
New Bng Gas
111
...t.i
••••!•
...... ••.•*•
180
•
••••-a
100
is'iU
•••%•
10s
•eaea attCCA
«•«• eeaftt
104)4109
110)4 Mar'OO
iod)4
iV^
181)4 Mar'OO
180
ISIK
Sale
00
60
116
56?4
118H
113)4
74
78)4
78)4
00
59
80)4
0*
ea
67
111
114M
68
•va*
100
73
•
90
SmLAN.
Kentaokj Cent.
KeokADesM. SmORIAP.
KnoxTllle A Ohio. Sm So Ry.
W
Iitg6i.l887 J -J
8d gold 51.
1841 J-J
North Ohio lit gn Si. .1046 A-O
188
117
M-N
•108
J-J
J-J
Leh y TerRr Istgn g 581041 A-O
Registered
1041 A-O
L y Coal Co 1st gn g 6i.. 1083 J-J
Registered
1033 J-J
Leh A N Y 1st gn g 4i. ..1045 M-8
Reglitered
1045 M-8
BlOANlstslstpfea.1014 A-O
Gold guar OS
1014 A
LebAHudR. 8m Cen o/NJ..
Leh A Wllkesb. Bes Cent NJ.
Leroy A Oaner Y ai. 8m Mo P.
Lex At A P F. Bee Met St Ry.
Long Dook. 8m Brie.
110
M-N
11«W
118
llOM
••aae aaaa**
•••aa •eattt
91)4 Mar'OO
01)4
»1»
•aaaae ••••••
P8
•
101)4 8ep.'90
99
85
05
117
109
NoT'99
Feb '00
86
86
111)4
68
7C»
•••f
100
107
Jan.'99
Jan.'90
06
100)4
Apr '90
69
«
Apr'OO
180
Feb'OO
M-8
1080
1087
1040
1040
J-D 118
1931
118
08
103
60^
Sale
6
11294
100)4 101
TOX 180
113)4
112«
101
101
113)4 100)4 Mar'OO
98
98H, 98
114)4
•118
'102
•138
•115
109
Ill
18
laeeee
96
103)4
M-N
J-J
J-J
M-N
A-O
Feb '00
99
97)4
10094 101
90
86
6
9694
13
106)4 ^^^^
96)4 100
111)4118)2
108
129
117
Oot.'99
aataa* ••••••
••••«•
* •••a*
Mar'OO
188)4 12*
117
Feb.'OO
183
68 Deo '99
1(0)4 111)4 107 Feb '00
108
68
P8 Bale
98
107)4Jan.OO
100
111
11094 Apr'OO
• 90
e«M Oot.'99
108
108
186)4
...... ......
107
107
9594 08
107)4 10714
100 110)2
19 108
105
i'la" iiiji
lie"
11654 il«)4 il6*
117
lllM 11894
Apr'OO
183
138
lom
106
NOT'97
113)4 Mar'OO
03 Jan.'98
60
•101
8
lie ISO
107)4112)4
109)4 NOT'0W
11854 Apr'OO
I8S14
•
188
06 " "90*
97)4 00
08
Sale
180
Mar'OO
183
lai
104
99
94
1048
.
93
01)4
General gold 4i
roltr5-80g 4s ....1008-18
Oeoe) Br 7s
1007
B H A Naih litg di...l910
aia«a« •»••*•
108
••••••
y-o
Cnifledg 4i
Registered
Coll trust g 6s
110)4
110)4
llOX
10894 NOT'0»
116 Feb.'00
109)4 OoU'oe
10394 NOT'99
•101
Nor Bhb litoon g gu6i..'82
General gold 61
Gold 5
110)4
21 116)4 lat
"2 108)4117
illM
Ang'98
104
114
N YARBlstg6s....l087 M-8
N Y B A M B oong 6i.. 1035 A-O
ANaihTUle—
183
Apr'OO
>>••• »eaee>
1031 Q-J«
1931
General gold 4i
1838
Ferry lit gold 4)4
1822 M-e
Gold 4i
1088 J-D
Cnifledg 4b
1040 M-8
Debenture gold 61.. , . .1084 J-D
Bklyn A Mon lit g 61. 1011 M-i1st 5s
1011 M-8
LaAMoRlT. 8m
A Alt.
L B A St L Con on g 5i Tr certi
188
117
110)4 11S)» 110)4
Long Island—
Istoong 5i...,
letoong 4s
8m Man Ry.
W
Met
S Bl. See "Unlisted."
Hex Cent oon gold 4s.. .1011
J-J
It
A-O
M-8
J-D
Ss.......^*
<ex Intematlstoon g 4b.'77
1937
lex Nat 1st gold 6s
SdlnoOs
ACp
80
•
80)4
j'lTi * 8694 87
14 Bale
J'lyl
oon Inoome g 8s ... 1039
td oon Inoome g 3b....193^
I
stmpd.1917 M-8i
81
2794
14
1496
10!')4
81
'
AC— Smb.
I
sionL
lit.
8
78
60
70
81
80)4
20M
10
8694
103
Apr'OC
Apr'OO
81
17
106)4
17
17
.
ildoINJ. Sm Brie.
* L S A W. See Ohio A N
26)4
81
8594 Apr'OO
•eeee :••••<
An. I • 75
>d Inoome gold 6s B . 19 1
Cmt North Ist gold 68.. 1010 J-D 105
1910 J-D
Registered
41011 Cent.
8m N Y Cent.
106)4 Feb.'00
16
SSW
103)4
81
17
lOOW
W
A Mad. Sm Ohio A N W
<<UANorth. SMChMAStP
"1 * 8t P. Sm Cb M A St P
4tl
Bonds due August.
GaB
.
lltX
113)i
Feb '00
Not'OR
Mar'OO
Deo'09
Feb '00
181
90
186
186
108
*
Due April.
I
Due January. IDueOotober.
(Given at foot oj 7 oonsboutivb pages).— fl'.iiS^, TEL.
.
10*W
RR. 8m Brie.
KalAAOR. SmLBAMS.
an A Mloh. 8m Tol A O C.
K C A MRAB lit gng6«. 1039 A-O
KCPAatroUfitg 6f.,,,. A-O
ZiuiOAPao. 8MMKAT
Kansas Mid. 8MStLA8E
qnipAeoUg
10414 Jan.'90
98
1010
1809
M-e
J-D
LOInALexg 4)4i....l081 M-N
Nash A Deo lifti
1000 J-J
NOAMiitgar >....ieso J-J
8d gold 01
1080 J -J
70
7454
Peniaoola dlr gold 81. 1080 M-8
60
66
ensA Atllstgag6s.ie31 F-A
BtLdlT Istg 6s.... ...1081 M-S
108 104H
1080 M-S
8dg3s
•••
•••#•)
!3ANAooogTiB6s ...1036 F-A
89
89
ainkfd(SANA)ges..l010 A-O
OOM 99)4
Kentucky Cent g 4s .1087 J-J
hANAMAMlstg 4)48.1945 M-8
HFlaASlBtgug6i ..1937 F-A
LA Jeff Bge Oo gug4B.1945 M-S
L-^AAC. Sm CIA L.
Mataou Ooal. 8m L S A M S.
aohattan Ry oon 48.1900 A-O
•8M 103)i
1000 A-O
Registered
MetropolBl Istg 6b... 1908 J-J
108 108
Man B WOo1onlig5B. 1084 J-D
100 106
108)4 Apr.'98
103M 104^ 104
90)4
••eeei ait***
«
,eee ettjaB
ttoK'ptABY. 8«<PMeKAY
115)4 Apr'OO
118H Mar'OO
105 Mar'OO
105
.
61.....
4s.
.
108H
Loya.mgk
108)4 108)4 Apr'OO
lOlX Oot.>09
96 Dee '09
J-J
A-O
M-N
M-8
M-8
J-D
1986
1948
•
00)4 Jan.'00
l^T* ee »•#•
105>i...,
101)4 102)4
88
108
i«tt«t •••<»
1
h. iisu
85
124)4186)4
108 110
121« Apr'OO
106% 108H
108
101
Aik. Low. High. No.
186
1061 J-D leeeti ••es
Gold SWjs
1061 J-D
Registered
1061 J-D
Mem DlT lit g 4i. ... 1961 J-D •104
106)4 Ang'OO
Registered. ........ 1 96 J-B
•100
110 104 8ep.'00
St L Bon 1st gn g 4a. . .1081 M-8
Ind Deo A
106
lit g 6e. . ..1085 J -J 104)4 105)4 106
LoulBTllle
these are latest bid and asked this week,
Oa.e 8ecuritles.
Ist 6b
6
3«
107
100
106
106
101J<
OUTSIDE SECURITIES
Datrolt
185)4
Apr'OO
108
/an.1.
Beclstered
iatropolltan Bl.
1061 J-J
1051 J -J
Registered
1061 J-J
lit gold S^s
,
1061 J -J
Registered
lit gold 8s sterling..,. 1051 M-8
BegUtered
1061 M-S
OoUTmstgold 4s
1962 A-O
Beglstwed
1062 A-O
L
A Tex gold 4s .1063 M-N
Itogtstered
1063 M-N
Cairo Bridge gold 4i. .1060 J-D
BegUtered
1050 J-D
LonliTUle DlT g S^i .1053 J-J
Registered
1963 J-J
Middle DlT reg 6s
1031 F-A
at Lonii DtT g Ss
1051 J-J
Registered
1051 J-J
No prloe Friday;
NOT'07
L 8W
HanABtJ. S«wOBAQ
onsatonlo. Set NYNHAH.
•
106M
aiiHM
Latt Bale.
ObloStLAN Og5s..l051 J-D
^
seanALBnp. SmOANW.
ueka Springs 1st g 6s. 1933 F-A
BtATH Ist»}n6s.....l921 J-J
Bid.
Leh Val (Pa) ooUg6s..l09T
117
118
Registered 58
1997
110)4 119H
115)4 Leh y N Y lit gng4)4ik. 1940
Registered
1040
183)4 183)4
110^ 118
F-A
F-A
M-N
M-N
ITeeA;'*
Range or
Apb. 27
LSAM8. 8m NY Cent.
Ma7'9U
Apr'OO
100)4 Apr'OO
eO)li Apr'OO
07 Apr'OO
113
113
EXCHANGE
Week Emdino
LakelBrieA
107)4118
• • 4
00 Sale
1st eon g 4s pr bds.1906 J -J
869^
1906 J -J
Registered
93M
J-J
4s..
..1996
litoongenlleng
74H 73X
1996 J-J
Registered
BnffN Y A Brie Ist7s.l916 J-D 1861^ 13») 140
gold es....l908 J-J '108
Buff* B
1908 J-J
Small
Ohio * Brie 1st g 5s. . .1982 M-N n7M,
117«
106
feffRR Istga gold 5S.1900 A-O) 103
189)4
Iiong Dook oon gold 6s. 1 935 A-O 136
1st
ga6i.l932 M-N
Goal
M-N
A-O
114
110
•
1046
82)4
110
•••(• '•••»
. .
Small
78)4
107
.
Mid RRofNJlstges.. 1910
109
100
. .
& Imp litoar68.1918 J-J
H Y A areen LgQg5s.l046 M-N
107
10194 105)4
•mM
rte
Price
Friday,
April 27.
BONDS.
N.Y. STOCK
831
2.
,
113
1936 J J
9»H Sale 99V6
99«
litoong4g
1936 J -J 107H 108
107 Mar'OO
lst0ong4Hs
ImproTement gold 5i.l928 J-D *iO&M loeM 106M Apr'OO
* Ft D. 8m R * I P.
•
Pagb
(6 pages)
138 133)4 ni Cen. St. L. DlT. (Con)
Oold 8)4
180 148
1061 J-J
Reglstwed
1061 J-J
107)4107)4
Spring DlT 1st g 3)4s. 1061 J -J
180 141)4
Registered
1061 J-J
136 137)4
Western Une Istg 4s. 1061 F-A
180 ISO
Regutered
1061 F-A
BeUer A Oar lit «i... .1088 J-D
105
106
123 183
OarbASlstg 4t
1982 M-8
123H
140^ 14PV6
00
Mar'
107X
i'isii 141M Apr '00
140
Ooi.'0h
i3e« 137 Apr '00
'
Dook
1.
..
Low. High
133
130
105
133
ibs" 108
148
143
PRICES
Range
Week'i
Range or
7
1
.
Ga»
Ohio
a,
1st 6s
Seenrltlea.
Indiana
— btook.
.
JAD
A Coke—N Y
1936
Peoples Gaa
c»<na/inlphia
Bid.
A.8k
86
87
esx
63)4
Stooji
BXOD
Co See Bos ton L
60 t 96
ProTld ence Gas.
88
iijuaepb ^Mo)
58 1937
JAJ 1 96
50
8t Paul Gas— Stook
Oonsol 6s 1944.... MA8 { 80
18
*7Tacuse Gas— Stoek...
JAJ
1st 581946
Western Gas (Mllw) ......
St— See N Y 8t Bx list.
00
97
1st.
43
08
64
88
14
08
98
I
Due July. aOptlonaU
J TELEPH.y dc
Teleg. <& Telepb.
j
Bid.
Ask.
Dist Tele— NY 9took Bxak
no •f aea*
BeU Teleph. of Buffalo.
Ce itrai & South Amer.. .. 104 107
66
C es A Pof/1 Teleph— Stk 61
JAJ (06 loe
58 1909-30
A nerioan
.
O
C
B
B
F
mmeroiai Cable
(nmer Dnlon Tel (NY).
ptre
A Bay
State Tel
.
166
118
76
170
•aoott
Teleg A Telep— Sm S tokHx Llat
48
SO
anklln
iAndlnleraBt. tPrioe per sb
le
.
A
.
.
.
THE CHRONICLE -BOND
832
BONDS.
K.Y. STOCK
EXCHANGE
W££K Endihq Apk. 27
Price
Week's
Friday,
Apr. 27.
Range or
.
ex lit gold 6i .1931
19Si
1st ooni gold Sf
lit uid reiund. 48.... 1949
Paolflo
MlDAStLga.
SmBOR&N
siiet* ssievi
«••••• ••!•••
MoKanATex— Iitg4s.l990 J-D
1990 F-AII
Sdgold4i
1944 M-N
lit exten gold 5i
931^ Sale
70 Sale
94>< Sale
.
SMStPM&M.
MlnnCn.
S
113
93
I •
••
• • •
'
KO
MoK«B
Kew 4i.
S«e"Unll8t.Bd8."
Small
1945
1945
Mortgage gold 4i
SmaU
M-S
J-J llOM
llOM reb.'00
J-J
J-J
J-J
J-D 127% Bale 137% lasw
Q-J* 123
184 Apr'OO
M-S 87 Sale 86
87
F-A 108H Sale 10&% 108^
Slob & Ohio new gold 6i '27
lit exteniion gold 6i.l927
1938
General gold 4i
MontsomDlT 1st g 5s. 1947
Bt L & Cairo gn g 4s .1931 J -J
. .
lit7i.'13
J-J
128
1901 J-J
1928 A-O
lit oon gold 5i
1917 J-J *112
llteiT&Pb
lit 61M0MMW&AI. 1917 J-J
lit gold 6s Jasper Boh. 1 9 33 J -J
198%
101
LAN
KewH&D. Se«NYNH&H
Hash Flor & Shef.
M J Jono BB.
104%
111
Deo'9U
113
Deo'99
,
94
90
N
101%
ft
,
98%
1996
leoe
OOftTls gag 5s.. ..1932
Solo y&N B Istgag4s.l989
105% 106% North minoU. Se<0hl4NW
••••I ••••
130
123
14
83
8 107
128
124
87
109
Nor
126
ft
103M
108M
103^
lOfJi
98
97^
97
Sale
hlo BlTerRR lit g 611936
General gold5i..,,,...ie37
Cm ft St L lstg4i
1901
Ore ft Cal. See So Pao Co.
Ore Ry ft Nav See Un Pao
Ore BR 4 NaT Su Un Pao
Ore Short Line See Dn Pao
104% 1*07%
ft
109% 8ep.'97
103Q J'ne'99
104H Feb.'99
103% 103%
•••••• ••••%*
••••I •••••*
101
11C%
110%
Beglstered
3361 J -J
Lake Shore oon Iit7il900 J-J
Beglitered
1900 Q-JI
Ooniol2d7i
1903
1903
1997
1997
Beglitered
Gold 3}i»
Beglitered
Olnft S lltgLSftM S7i'01
Det Mon ft Tol lit 7il906
113
113
97
13
2
96% 97%
96% 08
06
96%
108
09
110
190$*
1931
1931
Beglitered
113W
1009^ 101
100%....
Xl'.i'K
113%
103% Apr'OO
Apr'OO
100%
M-8 119«
M-8
119%
•••••• •••••1
108
110
110
100%
100%
113%
80 118%
53 109%
110%
12i
•118
108
107
1937 A-(>
NopilceFrlday; these are
latest bid
Telee- A: Teleph.
Hudion BlTer Telavbone
Intematlon Occaa
Mexican Telegraph
Mexican Telephone— See
New Bng T«iap— See
Boit
Northwestern Telegraph
MTftN J Telephone...
1090
MftN
Paelfleft Atlantic
ProTldenee Telephone
Bonthem
ft
Atlantic.
.
Bid.
118
no
18
116
316
Boito
on lilt
182
170
110
76
•
J-J
110%
•108
00
70
136^
107
Aug'98
1C6%
103%
119
139
138
od%"90Hi
95
••••••
108
69
813
Apr'OO
65
68
60
68
131% Mar'OO
131% 181%
133
95
lie
118
190
100
05
00
100
06
77
ir9
05
J'ly'99
May'99
Mar'OO
109
75
Feb '00
Apr'OO
109%
110
76
M-8
A-O
A-O
100
130
,
108
104% 110
loa
Apr'OO
IOC
136
J-J •101
J-J 105
F-A •••••
F-A •••••
A-O
A-O
102
NOT'OS
110%
Oot.'00
PM
130%
t
Dae Jan.
t
(Given at foot of
826
nllit.
Consol Bleotrlc Storage.
Bid
PhUa
e • • • •
list.
Stock Bxob
170
46
41
13
8
Bddy Bleotrlc Mfg Co..25 t 10
14
Bdlson Bl III Co NY— N Y Stock Hxoh
Bdlson Bl III Co Brk— N Y Stock Hxo>i
BdlsoD Ore Mllllug r.o...
11%
Blectro- Pneumatic Trans
Wayne Blea Co. .95
Series A
,,..«.
165
3
Fort
86*
»M
48
ft
. .
Due July.
I
,
•••••• •••••<
•••••I ••«•'
'
1
1
Electric
108%
117%117S
101% 101%
Apr'OO
100%iApr'07
101
116
116
118
100
100
137
186
184
108
May'O*;
108
Jan.'00
• • • •
•
• • •
101
114
Apr'OO
Apr'OO
Not' 08
Apr'OO
Apr'OO
Feb '00
Mar'OO
Feb '00
101
••••tt ••••••
117
113% 116
100% 100
100
135
186
184
• •
100
187
13«
184
••• •••••«
Due June,
103
Companies.
—
Bid.
118%
NOT*07
16% Feb."'08
100
100
101
100
83
130
130% Mar'OO
06 Deo '00
07%
A-O
J-J
A-Ot
•••
J-J 140
J-J
J-J
J-J • 00
A-O 118
J-J
J-J 100%
100%
M-N
Due May.
108
..•tt ....tf
1
• •
80
90%
.
i
108
100
113% Mar'OO
..... ..••..
Jan.'00
187
NoT'07
107%
Oot.'08
181
NOT'08
90
Sale
101
100
99
180% 180%
••••• ••••••
.«•••• •••••
J'ne'9e
118% 116%
115% Mar'OO
87% Jan.'00
100% Feb '00
10C% Apr'OO
Sale
100
00
99
••••• eaeeea
09% 100%
00% 100%
OOK
BB%
89% 360
84% Deo '00
88
09
90%
86% Mar'OO
04% 100%
86
86%
Dae Not. a These
Ask
1
10
• • • • •
84
T
101
100
••e»»i
consecutive pages).— r^i.,
{|
•••• ••••!•
I
•••••(
e«ee«i
•116
teniielaer ft ?ar. See D ft H.
Ueta ft Dan. See South By.
1939 J-J
Bio Gr West 1st g 4s.
TTtAh Cent iHt an a 4ii.1 «17 A-Ot
7
Ask.
Y
•
108
103% Mar'OO
117% Feb '00
101% Apr'OO
•116
Co oertf
ft Aihlltoon6ll037.
gen g 4s.. .1007 J -J
Co
Reading
1007 J -J
Beglitered
J
Jan. '00
this week,
g 61.. 1040
1043
litooniolgold 61
ItUftWest 1st g4i... 1017
104% 108%
106%
L B lit
ft
111% 116%
111% 111%
••••••
.
191
fltU
West'n Onion Teleg— N Y
EleotrSo Companies.
Allegheny Co Light Co..
Brash luleotrlo Co
ibo
111
101% 108%
101% 103%
....
138
176
102W
102%
lien
114%
J'ly'fla
Apr'9u
110
190
183
••••.
J
•cniaoolaftAt. SeeLftNaib
*»o DeoftB litgOitr rec'OC J -J
iTaniDlT litg6itrreo.'30 M-^
3dg 5i trreo lit pd.. 1936 M-K
*eoftBast. SesOOCft StL
•eo ft Pek Un Istg 6s. . .1031 Q-t
Sdg4%s
Feb., 1031 M-N
*lne Creek reg guar 6s. 1932 J-D
•IttsClnftStL. SeePennCo.
i*
Oft St L. See Penn Co.
115
114
mtl 8h
Teleg. dr Teleph.
teleg Telop & Cable— See
189
118
103
.
Ask.
128
04%
06
J-C
A-C
J-J
M-^
OBBBftBgelltga4ig.'36 F-A
AUegh yalgengug4i.l042 M-f
8anftLew1il8tg 4i..l03e J-J
UN J BB ft Can gen 41.1044 M-f
WttlCleTftTol 1st g8s.. 1922
ll9i<
Not' 9 9
118
4s
199% i'29% ntUFtWftCh. SeePennOo.
1922
108% 109% Pitts Juno lit g 61
103% 104% nttlft L Brle-2dg6i .1928
119% 119% MttiMcKftYo— lltgu6i.'32
1034
Sdguar 61
McKee ft B y lit g 61. 1018
1016
mtiPftFllt
g5l
106 106
Deo'99
136%
and asked
OUTSIDE SECURITIES
GoldftStook
Bonds
130
Jan.'00
Jan.'98
123
ftOgoon litext6i.'22 A-O*
F-AI
BeglitAred
103
68
"87*
GrBftI exist gug4%s.ie41
01 ft Mar 1st gn g 4%s.ie35
106% 107
102% Mar'OO
102% Apr'OO
NT
M-N
J-J
A-O
120
127
106
108
107
1019
1043
Beglstered
114
J-D
115
11496 Apr'OO
J-D 114?^...
114% 114%
J-D 110^110% •10% 111
J-D
110% Mar'OO
A-O
108% neo'97
1940
Beglitered
1940 J -J
BstC ftStlitgaK3i.'89 J-D
N y & Harlem lit 7i 1900 M-N •103
BegUtered
1900 M-N
ft North Iltg6i..l937 A-O
BW
108
68%
1912 A-01 •130%
8d7l
108% Apr'OO
102 Feb '00
4i
OsweftBSd gng5s..l915
BWft OT R IstgngSs.lS
UUoa ft Blk RlTgng 4s.'22
N T Ohlc ft StLi Istg 4S.193
Feb '9';
Sale
130
PumBB lit real ei g 41.1033 M-N 106
J'ly '98
113%
108
103% 104W 126 103% 105%
103
106%
106% Mar'OO
Sale
M-H 113
M-> 108%
Series Eguar S%a..l949 F-A
PltU Ft W ft O 1st 7i. 1912 J -J 133
9d7i
1912 J-J 133
Oong
114
ISO
-J •116%il6% 116% 116W
1931 J-J
••• •••••< 111% Jan.'00
SerieiO
1940
Nft CBdgegengag 4%i.'4S
PltU Cln ft StL lit 71.1900
Beglitered
1900
P O O ft 8t L oon gu g 4%i—
BerleiA
1940
SerleiBgnar
1942
Berlei Ogoar
1942
Berlei D 4i guar
194S
103%
63
F-A
130 Feb '00
KAftQR litgo5s.l938 J-J
MahonC'l BR 1st 58.1934 J-J
1£9« 18fi%
Mloh Centr-lst oon 7sl902 M-N I09«
I0i% Apr'OO
190-.^ M-N
lit oon 5s
104H 105M 104% 104%
6s
•1
104
fcerles C 3%8
1918 M-N
rteftPlttgag 3%i B.1940 J-J 100
J'ne'98
9S
98
J'ne'99
101
Oon sterling g 61
1006 J-J
Oon correnoy 61 reg...l006 Q-M(
Oone 5s
1019 M-»
J-J
J-D
M-S .n06>i
NJJunoRgu lit 41.1986 F-A •'.05
Beglitered
1986 F-A
ATftPatlitoongng4s.'93 A-O
Nor ft Mont 1st gu g 5s.'16 A-O
J -J
07%
05%
Bale
M-M •104%
Gengug4%iier'iA1942 J -J •lis
SerleiB
1942 A-O 110
119
102% 108
106% 107%
100
110
109% Apr'OO
Bltum Coal Corp
litiflntgug4iierA.'40 J -J
13
'
Apr'OO
105% Mar'OO
106
114
St P.
PennOo— Ou Iitg4%i.l931
106
98%
97%
97%
91H 97«
97H
96% Apr'OO
••It'
114
•••••• •••••!
Mar'OO
117% Aag'9b
N
NW
J-D 108% 100%
oof ICliiourl. Bm Mo Pao
Panama litif g 4%i....l917 A-O 102%...,
98
Sfiubildygei...
1910 M-N
Ang'99
Small bondi lerlei B. .'40
Gout ft Oiwe lit gu g 5i.'42
Moh ft Mai lit gu gli.1991
1st 4s gu. 3361
Mar'OO
Jan.'fO
See
YC
See C ft
PaeOoaitCo— lit g6i.l946
OOr
108
98
••••«•
Oiwego ft Borne.
139
110% Apr'OO
110« 110«
llOH 11094
113% Apr'99
....
186
188
Mont. SeeN.Y.Cent.
OIndftW. SeeOCOftStL.
Olearfleld
Weit Shore
118
137% 189
.
106
106
106
Jan.'00
J'ly'99
•••••
NorWU. SeeCStPMftO.
6td8kiooltruitreg.ie37
110^111
114
113
185
133
106% 105%
101%NoT'9»
134
104
68%
Wash Cent
BegliterHl
1932
OloT ft Pltti oon I f 7i 1900
"1109^
185% 188
133
97%
Beglitered otf 1
1933
lit g4i.. .1948
Nor Pao Ter Co lit g 6i.l938
Nor By Oal. See ?o. Pao.
110% 110%
C BtLftPlitoong5i.l932
110?<
'>••••
Mar'OO
Feb '00
Apr'OO
W
llO*NUpriorlleng6s.l915 A-Ol
M T Bkln & Man Sh. See L L
J-J
BegUtered
1908 J-J
1997 J-J
08^1
1997 J-J
Beglitered.
Debenture 5s of .1884-1904 M-8
Beglstered .... 1884-1904 M-8
Beg deb 9s of ... 1880-1904 M-S
Debenture g4i..l890-190S J-D
Beglstered
1890-1906 J-D
Debtoertsextg 4i....l905 M-N
Beglstered
ie05 M-N
Lake Shore ool g 3^1.1998 F-A
Beglitered
1998 F-A
Mioh Cent ooll g 3Hs- 1 998 F-A
Beglstered
1998 F-A
Beeoh Crk 1st gn g 4s. 1936 J-J
Beglstered
1936 J-J
Sdgugold 5s
1936 J-J
Beglstered
1936 J-J
Cart & Ad 1st gu g 4s. 1981 J-D
1
Sale
A-O
\-o
J-J 110%
M-K 103
North Ohio. See L Brie ft
118% lis
Northern Paolflo—
Prior Uen r ft 1 g g 4i. . 1997
109% 113%
Beglstered
1997
110
110%
General lien g 3i
304
Beglstered
1st 7s.. 1903
105%
W Ry Istcong 4i. 1996 A-O
Hew&ClnBdge. SeePennOo
NTCent&HB
• • •
.
Beglstered
Small
See
NY
104% Oet.'P7
188
186
133
• • •» 1
Nor ft South lit g 61.
1941 M-N "113
Norf ft West— Gen g 68.1931 M-N 134
102% 106
New River Istg 6s... .1988 A-C 127
114% 116%
Imprrmtftext g 6s.. .1934 F-A 133
114% 131!^
Cent.
See
1.
93% NYftBB. See Long III.
94% 97% N Y 8 ft W. See Brie.
76
80% NYTexftM. SeeSoPaoCo
Beglitered ,..,......304
198%
8ep.'99
106!4
Jan.
8»
Morgan's La &T. See S POo.
3d6i
• • • •
Begll $6,000 only... 1992 M-8
Mohawk & Mai. See N T C & B
Monongahela RIt. <See B & O
Mont Cent. See 8t P M & M.
NaihOhat&StL
• • • •
••tee
NYftPut. SeeNYOftH.
8tPftNPgeng6l...l93S
18
since
Last Sale.
'103
88% 93%
65
70% N T ft North. See N T O ft H.
90
95% N Y O ft W. Bef lit g 411992 M-S
.
MorrU&Bisex. SeeDelL&W
J-D
OouTort deb oerti •1,000
A- •186
SmaU oertfitlOO
• •
Houiatonlo B con g 5i. 1 9 37 M-N 130
N H ft Derby con Oi... 1918 M-N
• •
NYftNBlit7i
1905 J -J 115
lit 61
,
190S J -J 109
et
Range
Week's
Range or
See Brie.
116% SYftNB. SeeNYNHftH
09% (^YNHftHart l8treg4i.'03
•
93
93H 65
68
70k 443
33
9414
95
BooneTBdgOogng 7s..'06 M-N *"'90" "96*' lOOJi NOT'99
Dal ft Wa Itt ga g 5i.l940 M-N
94 Dec '99
8
ME&Tof Tl8tgag58.'42 M- S 921^ Sale 92H 98
81ieTSh&Soul8tgag58.'43 J-D
Sale
9^^ 16
97%
97M
ftPao litg 40....1990 F80
S09i Apr '00
VaDc & Neoiho lit 7i. 1903 J-D
6
litgug 5I...1943 A-0 104 Sale 108
103
4
19UU M-N 116>< Sale 116
MoPao— id7i
116!^
1930 M-N 120^ Sale 120
litoong 6i
1209i 47
1917 M-8t
Trnitg S
99H Sale 99% 100^ 109
1917 M-8t
Beglitered
1920
171
lltOoUgoldS
F-A 97 Sale 96
97
1920 F-A
Beglitered
t^or&oy AL iitgsi'se J-J
106% J'ly'99
PaoBof Molitexg4i.'38 F-A *106 108 105M Jan.'00
Sd extended gold 51.1938 J-J
lis Mar'OO
Bt LoulB & Iron Mount—
Genoonry Aldgrtg 5i'3l A-0 110^ Sale 110
llOH 138
O«noonitampgtdg5i'31 A-O 110 Sale 110
110
T«rd VIA Wlitg5i..'26
MlaiRlTBdge. SMOhloftAlt
afob&Blrm prlorlleng5i.'45
T L B ft W.
LXX.
[Vol.
Ask Low. High, No. Low. Sigh
Bid,
K T ft Greenw Lake. See Brie
143^ IBl
192% 193% NTftHar. SesNTOftHud.
(^TLaokftW. S««DLft>V
.
B8M& A 1st g 4f Int ga
J-J
MStPASSMoong 4iintga'38 J-J
If
N. Y.
1.
3.
Price
Friday,
Apr. 27.
BONOS.
STOCK EXCHANGE
Week Endino Apb. 27
tinct
Jan.
Last Sale.
151
J-D •
150 Mar'OO
J-D
138% Apr '00
J-D
128
137 Jan.'99
A-0
138 Deo '98
M-N U4H 99" 116H Apr '00
»l-8
9SH
989i
M * P iBt 5b St 48 Int gQ..'36
J-J
'26
Range
Page
(5 pages)
Ask. Low. High No. Low. Bigh
Bid.
Mlns & 8t li— Itt g 7i .1927
Iowa ex lit gold 7i... 1909
BoathWettez litg7i.'10
Is
prices
31
are option sales.
ELEC. FERRY
Ferry Co
oa-i«a.
Herry Compaulea.
Ueaeral JSleoirlo Ci N Y Stock Kxoh
Brooklyn FeTT-''took ..
Do pref.— See Boston L 1st.
Bonds it— Set Stock Bz
Hartford (Ct) BlecLtCo ICO
30
Metropolitan iTerry— Os..
IM
Mo Bdlson Bleotrlc
66
N
Y ft N J Ferr»—Stock..
63
Do preferred.
1st Ss 1946
JftJ
Narra^an. (ProT)BlCo.60 t 08
N Y ft B R Ferry— Stock.
Rhodu Iiland Blec ProCo. 190
97
Bonds 5i of Ivaa.MftN
85
United Electric of N J
81
H iboken—Stock
70
48 1 929
to
list
1st 6i
pref
SeeBal
United Bleo LtJkP Co
Oon. OS
,
4%4 1080— See Balto U St.
lAna Interest. tPrloe
100
Woonsocket ;u I) Bi Oo
Bid.
Sa
aak
I
A
Apr.
.
THE CHRONICLE -BOND
28, 1900.]
Price
Friday,
April 27.
BONDS.
N.TT. STOCK EXCHANGE
Week Ending April 27.
"so"
n'i"
Range
tinee
Last Sale.
ABk. Low. High.
105 NOT'89
Bid.
AloOrJano lit gn g 6i. 1939
1940
BIoGtSo lstg3-4i
ftoeh A PltU. See B HA P.
Week's
Range or
78
81
Jan.
iVO.
58
tJoiOllitg
t L * Cal.
Sm
84
83
3-4i...l947 J -J
Mob & Ohio.
83J< Apr'OO
L & Iron Mount. Sc M P.
L K O * N. Sm Wabash.
tLMBr. S««TRRAofStL
Bt Lonis & 8an Francisco—
1.
Southern— (Con)
Virginia Mid ser
"si"
Series B 68
83
6454
Series
58
Series
125
124
lia
104
Bala
M-M
tLB W litg 4sbdofi.l989 J-JJ
Id g 4i Ino bond otrs ..1989
Orar'B Pt Ter 1st gu g 5s'47 J-D
tPanl A Oolnth lit 6s. 1931 F1917 A-O
Id 61
1968 J-D
lit cog 4i
•t P»nl M & Man 3d 6i.l909 A-O
lltooniolgold 8l
1933 J-J
B«^itered
1933 J-J
B«dnoedtogold4Mi 1933 J-J
1933 J-J
BesUtered
1910 M-M
Dakota ext gold 6i
J-D
lit
Bxt
gold
.1937
Moat
4i.
198 J-D
B«eUt«red
MlitdlTlitg6i.,.1908 A-O
B6(rUt«red
1908 A-O
MordlT Istg 4i..l940 A-O
ReKlit«red
1940 A-O
Mbm Union lit g 6i.. .1932 J-J
Monte lit gngdi.... 1937 J-J
B«^t«red
1937 J.J
lit guar gold 5i
1937 J-J
Beglitered
1937 J-J
105
130
110
98
98^
Sale
11?
117
131
Sale
'108!^
138
133^
lS4>i 184
WlUABFlitg 5i....l938 J-D iao"
B«^it«red
1938 J-D
ft P * Nor Pafl. Sm M or Pao
ft F*8'x01t7.8M0BtPM*0
¥• Ptm * Ph lit g 5i.l943 M-8
!!!!
129
106
70
84
91
96
86H 93H
63M 65)4
9m
10 100
97«
II
10
iiiu
98J4
inn
181
137
143^
11 118)4 116T6
11956 131J6
103)4 106
Jan.'99
Apr '00
108H 10856
Apr '00
134^
12« 128
14 189)6 13454
116
118
Apr'97
ISO
Apr '09
m
W
W
8
&N
Sm L *
Ala.
Dec '99
112JiOct.'99
186^ Jan.'00
123 Deo'OO
1SS)6 136)4
94
lit gold 5i
3d gold Inc. 5i,
Eng
8SK
F-
»9^ 9i^
F-A
Sale
3000 J-D
Dm... 3000 Moh.
85
80
8556
NOT'09
90Js 104
9956
e'7i6
W
OreSh L— Iitoonjr6i.l04e J-J 115
Non-oam lao A 5i...l046 Sep.t •100
Non-ou Ino B
4 col trl046
i'o'diii
"oo" Deo'OO
Tex* NO
lit7i
1905 F-A
BabtnedlT lit g6i.. 1912 M-8
Oon g5i
1943 J -J
BoPof Argn litg6i.'09-10 J-JI
Bale
104
114
110
109!^
1095^
111?^
Cai Iitg6i..l906
1st gold 6B8erB..1905
Ist gold 6s
1906
lit gold 6i
1913
lit oon gnar g 5i 1937
.
78
116
W
110
90
Sale
Sale
lit gOi. 1911
W VaCent4P
L B lit
99
105
118T6NoT'98
106H Apr'OO
107
100
11256 Bale
Atl
& Tad
1st g
•No price
5i.
.
iooii
!!!!!
100>6
iio"
!!!!!
112MAag'07
1001^
10256 Sale
101>6 Apr'OO
Jan.'00
103^ 103S^
116
119
117
180
116
1U«
117
180
Apr'OO
111
Sale
Sale
130
9
45
109
104
04
106)6 106H
104)4 100)4
05
0954
•
124
126
Jan.'00
Friday; latest bid and asked this week,
Fttt
M4N
Aik.
01
100
80
100
Mlscellineons,
.
11
M4S
40
108
114 130
108)6111
llOK 133
\
85
118
110
101
134
186
101
108
lOS
109
J-D
M-8
M-8
L«xAT4PFlit8mg5i.'03 M-8
Be«rlstered
M-8
MetWSE(Chic)l8tg.48.1038 F-A
OonGaiCo.
133
Bonda dne An«.
48
86
t
13)6
18)4
10
Leather...
Amer MutoBCOpe
81
71
36)6
Amer Press Assoo'n.. 100
Shipbuilding
Preferred
Am BodaFoun—Com.lOO
ad preferred
73
00
850
Amer
Ist preferred
32h
106
9
100
Mar'08
119
183
119)4
133)4
183
133
104
94M
*9\i
110
98)^
118
130
91)6
8U)i
08
9756
08)4
103)6 108)6
101
93
104
07
117)6 130)6
11854 lt2)6
4
184
• • • e • •
Sale
11
88
188
""9
184
".!!!;
98
118)6
107 107
00T6104
111
Jan.'00
Sale
iVs"
a-4z
92
••••••
Detroit City Ga* g 6
1988
Det Gai Co oon 1st g Si. 1918
Bd El 111 Bkn. Su K Co BL4P
EdEllU. SMNYG4BLH4P
'87
Kings Co Bl L4Pg5i
Purchase mon Oa
1 007
Ed Bl II Bkn-litcon g 4i.'8e
litg Si
1040
Due July.
Ask.
32
Amer Graphophone. ... 10
American Screw
30%
03
i's'i"
"32
100 Oct'OO
109
Oct,'99
111)6 Mar'OO
114
'124*
95)4 "'S'
00
I
Due March.
T
0156 Oet.'08
I
100
100
16
S6
80
lao
4S
10
47
18
Amer. Woolen
—Com....
1«56
76
Amer Wringer com... 100 107
110
Pref
Amer. Writing Paper.
Preferred
,
Preferred..
»••••••
OS . •••••.••.•.••••..,
Dae Not.
Arizona Lead
A aph al t of Amer.
Bet
P
1656
hlla.U
96
07)6
90)6 Not'OO
1»BM
118
I
100
May'OO
a These are optton aaloa.
<6
MISCELL'8,
Mlaoellaneana. Par.
Barney
4 8m Car
Preferred
«0
76)4
Sllii
lOO
100
'<ond 4 Mort Guar... 100
British Columbia Copper
oarter-Crume— Pref. .100
100
16T6
it.
CaUuloldCo
Oant Flrew'rka—Com-lOO
Preferred
\
And
14)6
104
Intereat.
t
Aak_
17
107
lOS
140
.
50
Preferred
81
Bid.
4 Bng Br lit Oi.
Company—Com.. 50
Bergn
6"6
32
79
lis
07V6 Oct.'99
100
51
18 114
07
111
Mlaeellaneona. For. Bid. Aak.
801
50 178
vmencan Surety
imer 8trawboard....l00
83)6 86
Bonds 6s
F4A
Km Typefo'ra- 8tock.l00
117
••»fft
A-O
A-O
J-J
A-O
A- O
Dae Jan.
117)6
f«e*«l
Dm '07
lie
07)6 Bale
I
HI
12856 Apr'OO
109)4 Deo '90
SmPG4CCo.
Beglitered
Mlecellaneoaa. Par.
Ajnencan Ginning
Preferred
84
117
66 110
88)4
110 Jan.'eO
110
NoT'09
104
Mar'OO
95
94)6
(Given at foot op 7 ooysECUTiYB pages).— ^.gJZiZF
Amer Hide 4
78
91)6 1676
104
01)6
W
Preferred
Acker.Mer & Con 6s 1903
OS
Amalg. Copper— Sm Boat on Lis t.
Am Agrtoul Chem— Sm rj ^iton Llit
Amer Air Pow of N Y.lOO 30
40
Amer Bank Note Co. .50 t 47
60
Amer Bloyole—Com
Jan.'09
Jan.'00
-A
,.,1938
4UalUy4L80-yrg 68.1036 y-A
106)4 110
41mi St Ry lit con gSi. 1919 J -J
tt Paul City Cab. 0g5i.l037 J-J •118)^113
Guaranteed gold 5i...l087 J-J 112
87 106 118)4 Third At lit gold 5i....l037 J-J •185)4 lae
Un El (Ohio) lit g5i....l045 A-O
Chlc8t40-yrlitoar5i.'38 M-N
'"i lOSii 109)6
40-year con g 5i
1086 M-N
GAS 4 BLBOTBIO LIGHT BON D8.
Atlanta G L Oo lit g Sa.ie47 J-D •108
tr etf i
fg6i..'89 J-J
99H lOlM Boi U Ga*
Bklyn U Gaa lit oong6i..'45 M-N 117 Bale
115
115
101)6 10856 CbGL4CCo. SmPG4CCo
ColnmboiGai litg 5i.. 1083 J-J
11454 117
Deo'OO
t
1
113
107
104
1003
BaffUtered
115)<
00
OSMMar'OS
J-J
J-J
J-J
J-J
F-A U9H.
J-D 181
.
84
180
94)6 Sale
J-D
A-O
& S Ry
Oen Con Tr Co Istg 58. .1933
Den Tram Cooon g 6i.l910
MetRy Co Ist gu g 6s.l911
104)4 Lonii By Co 1 it oon g 5s. 1 9 3
Market Bt O Ry lit g 6i. 1913
114
tr g 5s. 1097
110
«I«t St By gen
Bway47t]iATlitog 6i.l943
Beglitered
1043
gu 48.1040 A-Ol
Bid.
Companlee.
tth 4 33a 8t» Ferry
85
lit mort 5s 1019... J4D {105
Ufllon Ferry—Stock
S5
lit. 5s 1020
< 08
F-A
El Istg 4-581950
Bait Istg 6s 1922
111
Kegistered
188U Apr '00
iai«
134
••••« iBO^ 186
•••••• •••••• 101
103
1919 M-N!* ibs" io8M 108
1
Un
33 111
63
126)4 358 110
118
81
38
.
OUTSIDE SECURITIES
Preferred.
Bonds 6i
113
118)4
103
. . .
A Ga lit g
ADg*99
106^Mar'99
.
Bklyn
111
90 Ang'99
103
107
107 Apr'OO
105 10114 106M
105
L06
108;iJan.'00
103M 104)6
110
110
110 Apr'OO
3G
100)4
108)6
104H
104H
32 18054 180
129
186)6
121 Mar'OO
108 May'07
104 110)6 118M
118)6
115
103)i NoT'OO
75)6 Oot-'OO
Bale
8856 Bale
29H 2856
Ool40tbAT lit gn g6i.ie03
105M Jan-'OO
112H I09ji loe?^
Sale
09
98H
.
Bo Oar
SO 101
8 110
110
116H
.
.
8056
Deo '98
104
114
Mar'OO
ri4J6 i'ii
3 I'de" 114)6
112)6
118
16 105
111
95 101)6
101)6 112
4
84)6 00
88
09)4
87)6
84
182)6
SmB4 0.
Wya4Pltta.
115)4
110%
See Del L 4
See Nor Pao
See Southern
Istg 68.1037 J -J
Oeng3-4i
1043 A-O
Income 5i... .April, 1043 Not.
Weit No Oar. Sm Bontb By.
Weit Shore. Sm N T Cent.
City
75
•7?H
106M Not'97
104
A-O
A-O
A-O
A-O
M-N
Stamped
1905-37 M-N
A * N W lit gn g 5S.1941 J-J
B P Coait lit gn g 4s. 1937 J-J
BPaeof NMezlstgOi.'ll J-J
eUaY Q&N let gag 5i 1934 M-N
No of Cal 1st ga g 68. .. 1907 J-J
Onaranttted gold 5i..ie38 A-O
Bonthem—
litoongSi
1094 J-J
BegUtered
1094 J-J
MemDlylitg4-4)<-5il0e6 J-J
Be«rlstered
1906 J-J
AlaOenR litg 6i....l018 J-J
Atl i Oh Air Line Ino. 1900 A-O
Atlan & Dan 1st g 58 1050 J-J
OolAQreenT 1st 5-6s.l916 J -J
T Va * Qa 1st 7t, 1900 J-J
DlTlilonal g 5i
1930 J-J
Oon lit gSi
1956 M-N
B Ten reor lien g i-5i.l938 M-8
Beglitered
1938 M-S
ea Pao B7 lit g Bi. ... 1982 J -J
Knox * Ohio 1st g 6s .1935 J-J
Bloh * Dan oon g 6s .1015 J-J
Bqaipiinxrandg 5i.l909 M-8
DebSi itamped
1937 A-O
8Pof
79
111
110
41 113
118)6
118)6 Sale 118
30
98)6
103)6
108>« Sale 10014
83
13
98
94)4
03)6 93)4
34)6
48 Sale
40)6
425^ lilo
108
100)6 Apr'OO
108)6
91
01
03 Apr'OO
03
118
•109
113 Mar'OO
WheeUnff 4
g 51.1086
Wheel DlT lit gold 5i.ieS8
85)6
Bxten 4 Imp gold 6a. 1030
••••• ••••
rs
1.
Nov'99
112)6
Bale
Bale
Bale
Oct.!
DnlNJRR40 0o. Sm Pa RR
Utah Central. See Rio G W
Dtah 4 North. Bee Ore 8 L.
Utloa 4 Black R. Sm NY Cent
Val Ind 4 W. See Mo P.
Ver
IrglnlaMld. Sm South Ry.
1930 M-^
Wabash 1st g Si
2d gold 5i
1030 F-A
Debenture ierlei A.. .. 1930 J-J
BenesB.
1030 J-J
litg5sDet4ChBzt..ie41 J-J
Des Moln DlT let g48.1089 J -J
StChas Bridge Istgds.lOOS A-O
.
• • •
Ora&Oal lit gtd g Si. 1927 J-J
BA * A Paii lit ga g 4i. '43 J-J
Jan,
100
108
Apr'OO
Apr'OO
61)6 Not'OP
J-Dt "84ii'85J^ 84«
85H 304 81
J-Dt
aalHar&8Alitgei.l910 F-A 110!^ Sale llOX MOM 10 noK 110)^ WUkei4Baat. SmNT84W
Sdg7i
1905 J-D 108 112
106)4 10«H WU4SlonxF. SM8tPM4M
106HFeb'00
Mex* Pao 1st g....Ss'31 M-N 101?< Sale lOlJi 108 87 IGO54 10354 Wlnona4BtP. SmC4NW
WliOent 50-yr Istgen 48.. '49 J-J
91H Bale
Hoai&TOlitW&N7i.'03 J -J
STREET RAILWAY BON D8.
4 110
litgSslnt gtd
1937 J-J 111M113 111« 111^6
111J6
BUyn Bap Tr g Ss
118
1945 A-O •105)6 107
113
Oong6ilntgtd
1912 A-O 110
113 Feb '00
Atl At Bklyn imp g 581934 J-J
84^ Sale S4«
a«ng4i intgtd
1931 A-O
84H "35 8354 87
Bk City Ist con 58.1916. '41 J-J
Morgan'iLa*TlitgSi.'20 J -J ia2^
130J«Feb'00
120)6 iao)6
104
BkQCo4 8congug5s..'41 M-N
lit 7i
1918 A-O 130
134 NoT'OO
NT T & Mezgn lftg4i.'12 A-O
Ja'n.^'^0^9
107
115
80
116>6
Co ctfi
lstg5i
1935 J-J 112)6
Weit'ndlT litg 5i.... 1035 A-O 111
General gold Si
1035 J-D 101)6
Kan 4 M Ist gn g 4i...l000 A-O 88
84
Tol Peo 4
Istgold 4i.l017 J-J
TStL4K0 Iitg6itr.l016 J-D 124)6
Tor Ham4Bafflstg4s.l946 J-D*
~ Tliter4Del lit
ogSi. 1938 J-D 105
J a Pao— BR 4 l;gg 4sl947 J-J 106
Registered.
1047 J-J
OreBy 4NaT 1 it i f g Oi 1 000 J -J
Or* BB 4NaT oon g «. 1046 J-D 104)6
Ore BhortLlne lit g 6il023 F-A 1S8
Utah4Norlit7i
1008 J-J
Gold 5i
1036 J-J
Wash 04 W.
8456 217
83
i'do"'
Banot
tinu
No Low. High
112f4 J'ne'OO
11156 NoT'99
111 Jan.'00
••••»« '••»<
WestNT4Pa
J-Dt
J-Dt
Oot.'99
trust
Wash Cent
104MF«b.'08
Car Cent lit con g 4i. 1949 J-J
flher 8hr & So.
Sm M K 4 T
Bod Bay* So 1st g 5s. ..1934 J-J
Bo Oar & Ga. See Southern.
Bonthem Paolflo Go—
High.
102
118
Lew— Sm Penn RR.
R7 lit ga g 4)61.1943 J-D
Sjra Blng 4 N Y. Sm DL4W.
'per A of St L lit g 4)6i.'39 A-O
i lit oon gold 5s.l804-ie44 F-A
St L M BgeTergag5i.l930 A-O
Tex 4 N O. See 80 Pao Co.
Tex4P Ry BdlT Istg 6i.l905 M-8
Warren BR.
Beioto Val&NB. 8««Nor&W
1936 J-J
iMbftRoa 1st 5s
N.
i^°o
111)4 Apr'OO
ll«5<
11054
90 Feb.'eu
11054 Bale
T0I4O C
'99
110
M-N
F-A
J-J
J-J
g©
113)4 Sunb &
Stat III
103)6 104
1O0M NoT'99
iW Ist gun 48.1938 J-J
Gold 4s Cent Pao ooL.1949
Re. istered
1949
CPaclst lef gxiK4i.l949
Registered
1949
Mort guarg 3^8,... 1939
Registered
1930
Feb
13714 Feb '99
1167^
11656
104
W
1931
1036
68
124)4 Spok F'alls&Nor Istg 68.1030
3
5
5
106H Mar'bs "4
121
ISl
105H 105 Apr '00
'
113H
91
93H 389
61^ 343
117H 117H
141% Apr '00
•116
g6i...l919 J -J
BbtT* litoon g6i.l934 A-O
lltgSi
1034 A-O
8t John's DlT Ist g 4s.. 1934 J-J
lis
uou'97
63
148«
BFAHPlitif
104
OIH
i09H
8MBoPao.Oo.
F
Gtd stamped.
1936
1st oy ga 48.1034
4
West N C Ist con g 68.1014
lll>6 118)4
9994 Dec'»9
Apr '00
91
98 Bale
64}^ Sale
•101
130
—
124M
113H
83
8-.^
.
Kazum Mid lit g 4i ... 1937 J-D
It L Bo. See Illinois Cent.
1036
Gen5i
NoT'99
113W Mar'OO
113 Feb '00
110
BtL* 8FRRg4s....l996 J-J 97«
8oilthw DlT lit g 51.1947 x-o
1929 A-0
C«Dt Dlv Istg 4s.
rt8*yBBdglltg 01.1910 A-O 106
Bmns
B
leie
1021
1021
1036
Small
•
AAAP.
1911
1916
|-3g
Last Sale.
M-S
M-8
M-S
M-S
M-8
M-8
M-8
M-8
M-8
A 08.1906
SeriesC 68...
Small
Series D 4-58
Small
Week's
Range or
Ask. Low.
Bid.
Low. High
'71"
833
4.
Price
Friday,
April 21.
BONDS.
51
STOCK EXCHANGE
Week Ending April 27
Rt
it
190A M-^ 113
Sd gold 6s Class A
190e M-N •113
Mgold6s OlaatB
1906 M-N •113
Id gold Oi CUaiO
lit g 6i Piero« C it 0..1919 F1931 J.J 184
a«neral gold 6i
1931 J-J 113
Staneral gold 5i
1987 A-O 102
lit tnut gold 5i
Page
(5 pages)
N.T.
BomeWat-AORSeeNTCent.
SaltLakeClstgitSi. .1913 J -J
PKIOES
.
136
880
• • a
••
800
UW
nx 8B
70
92)6
15
100
63
Price p er aha
91H
18
00
re.
.
99
Price
Friday,
April 'Z7.
BONDS.
B.T. BTOCK EXCHANGE
Wbbk Ending Apr. 27.
J-D
J-U
BergCo c ng5s'i9
Qea Bleo Co oeb
« 5b.
GrBapGIiCo Istg
192!i
. .
llOM
F-A
5»..1915
Lao Gai-L Co of
MntFuel Gas Co
See
Sale
Sale
120
let g 58.1922 A-O
K Mo Gas Co StLl
stg 58' 1 Q-Ft
Week's
Range or
|2
Latt Sale.
cqso
103
107J^
180
llOM
120M
90
34
108M
109
109«
16
107^ 110
108M
109^
47 103M 110
PeopGas
WTGBIiH&P..g 5s.l94|
19*f
108^
.!>
D
Btegistered
Sale
94
93^
F-A
109 Mar'OO
M-S 108
Dec '99
121
J-J
M-N •103 110 109M Apr'99
•106
106 Apr '00
J-D
1943 A-0 lao 13S
123 Apr '00
Utconeolges
1947
106 Deo '98
M-S
aefnndinggSs
194 M-S
Registered
109 Apr'OO
ObQ-L&Cke letgug58'37 J-J 109
109 Apr'OO
OonGOoofChlstgugSs'Se J-D 108
Oot.'99
104^
Q & F Ch Istgu g6s.'05 J-J
107^ 107 Aug'99
lln Fnel Gas 1 st gn g 5. 1 947 M-N
103 Deo '99
Trenton Q & Bl ist g 68.1949. M-S
101 Mar'98
WMtn Gsi Co CO. tr » S"--- 33 M-N
COAL & IRON BONDS.
CahCoalMln. SeeTCl&R
learf Bit Coal. S«eNYCiH
lOlH Apr'OO
OolC&I Ist conges... 1902 F-A
58 Feb '00
OolO&IDevCogug58..190^ J-J
1909
Coupons off.
Ssl^je
108
Jan.'00
M-N
Ool Fnel Co gen gold
94
OolF & I Co gen 8 f g 5b 1948 F-A ••••• t<««t' 94
I.
T
C
&
Se«
*
C
Da Bardel
107 May'97
Ta«*01earO&I lBtg58l92P J-D
80 May'97
192^ J-D
J SdaSf
946
M-N
Booh* Pit C& I pur m 58
6B..191i
f
J-D
s
Bun Ok Coal 1st g
94
110
Pnroliasemong 4b.. ,.1949
Sd mill 1st oonvgBi.. 1910
1995
litoongSs
ITeo Gas & C istgu g6s. .1904
1904
«dgtdg6s
High
Lore
931^
1109i
i20H
113
91
108
110
109
109
lOOM lOSk
68
S8
MAN'F'G A INDUSTRIAL.
103%
debg8s...l90( Qn-F
Amm Cot OHMlglBtg
681915 M-8
Feb
106|i Apr'OO
Jan.'00
103H
101
76
73
Spirits
Am Thread
st col tst 48 191
J -J
Bar A 6 Car Co Istg 68 ..194i J-J
198
Istg
6s..
9ug
A.-0
ftramercy
191C J -J
Steel Co deb 5s
Non-con V deben 58.. .191b A-O
F-A
Int'l Paper Co Itt con g 6b.' 1
KlliOkIce{Chlo) I8tg5s.l92& A-O
Colstg68l92(
M-N
StarchMf
g
Hat
Procter A Gamb 1st g 6s. .'4t J-J
"
••••• •••••
r
I
1-
loej^
106
F-A
Stan Rope AT lBtg68.194t
194t
14
iBt s f g6sl91t J-Jli
s f deb g 6s.' 18 M-N
'.
72
InoomegSs
UBB BnTelCo
LeathCo
'00
63
86
106
106
Jan.'99
113X
J'ly'99
89H
S««CenNJ
Apr '97
108k
30
k'nWAWH lBt5»trctfB.
103)< Bale
70
*
107
^\H
68
116
Mar'OO
96
103
116
84
24
11
14
103M
Com mon— Se« St.Ex. list
Oonaolld Car Heatlng.lOO
Ooniol Flrew'ks-Com.lOO
Pre-'erred
17
45
10
60
100
7k 10
Oousol Rubber Tire,
87
89
Pref
100
386
Corbln Cabinet Lock.
..28
86
90
F.)
Co..
Cbrbln (P. A
78
73
Oraiops' 8h A Bu Bldg.lOO
DiaoDond Match Co... 100 1 88k 124
7«
Distill. Co. of America...
7h
37
27k
Pref
24
26
Boat
nectric
46
40
Preferred
36
37
aeotrio Vehicle
81
76
Preferred
80
Empire Steel
60
Pruterred
rle A Western Trans. 60 t 60
ndellty A Dep (Bait).. 50 1.... , 30 o"
General Carriage.........
18k1
100
60
Oeneral Cbemlcal
100
97 101
Preferred.
Oenuan Am Real Bst.100 80
eorham Mfg Co-Com.lOO 110
100 130
Preferred
18
17
Havana Commercial
69
58
Preferred
86
Beok-Jones-J Mlll-Pf.lOO
MAS "77>«5 • •
IstOs 1932
10
6
Ber'R-Hall-Mar(a88t p'd)
80
13
Preferred (asst p'd) 100
100
115
Boboken Land A Imp't
106
6i
lUlDoii Ele-Veh Trans.lO t
1^ 3
90
International Blevat.lOU
• • •
Inuiniat. Paper— Se« St'k
Iniurnatlonal Pow er .
Inlernat'l Pump— Com.
.
Preferred
Interiiat Silver— S«« Stk.
Do
Do
do
pref.
do bonds.
100
<[rou Steamboat.
JAJ
«t 1901
Com.100
fohn B Stetson—
100
Preferred
^oarueay A Bumham.lOO
BzoH
list.
£0
35
i9k1 30k
66
«6k
Bzcb
i
87
94
"ii
48M
96
11 Dk
180
117kJ
8
•
••
•
80
Sto ck
Sto ck
Sto ck
Bx
ll8t.
bix
list,
Bx
list.
Knlokerb'r loe(Chio)- Su dt Ui List.
lianston Monotype.... 31
18k
IOC
78 100
Lawyers' Surety
100
166
Title
Iub.
Lawyers'
108
JiOrUlard (P)— Pref... IOC 100
6
Madison Sq. Garden— IOC
MA^ 40
8d6B 1919
. . .
Markeen Copper
alex NatCoustruct'D, pfd
Blloh-P Oar lst68'48MA8
«}44
10^
114
t
191t
80 Carolina— 4^8 20-40.1933
.
191
118
NY
NY Biscuit 6s lOll.MAt
7
Ask
1X2
12%
48
100
41
83
84
63
67k
\
Otis Elevator- Com
87
88
87
t
66
110
186
13k
89
ALB
. .
Pratt A Whitn— Coin..lOO
Preferred
100
Procter A Gamble.... 100
Preferred
100
1st 68— Se« Stock Bxoh
81c.
I
1
42
420
108
»l«c
10
60
list.
RoyBakPowpf
90
91
Rubber Goods Mfg
88k
89
80
73
Preferred
RuBsell ABrwin
25
Safety Car Heat A Lt.lOO
\
70
66
180
Blmmona H'rdw-Com.100 230* 840
Preferred
100
Singer Mfg Co
100
Standard Oil of N J. .100
Stand Und'rg'dCable.lOO
.
186
626
640
189
84
Preferred
68
Southern Cotton Oil. . .60|t 58
BtandardConpler.oom, .
36
Preferred
110
,
,
Stat
iBl
R T 1st Os'lSAAO
2d 5b1926
141
645
191
26
6?k
A Sm-V.lOO
60
18
114>«
114^
114H
138^ 138
I
Due April.
|
recedimi.')
V
it
103W 105
100M
100>4
109
"i
96M
110^
lllW
117S
118^
132^ 137^
183 137K
1
109
99 114
14 114
14
138
06M
97>4
I-J
til
I-J
100
•LOO
121
107
-.1
lis
109H llSM
'.4
16
1
96M
U2«116X
nsMueM
hen
i$»ued.''
90
99ii
108)<
llOM
103
103
121
Apr'OO
107?< Apr'OO
181
181
106M 107M
111
ll«i< Mar'OO
105 Aug'9t«
108 8ep.'9^
103 Jan.'00
109>(i Feb.'9v
;!
108
106
J-J
A-C l)i7^
J-J 116
J-J
9JH
J-J
J-J 9\9i
J-J
Apr'Ot*
Feb '«>•
120 Mar'OO
96H Apr'OO
93 Apr'OO
128
01^
Bale
93
24
Mar'OO
10
180
94
91
8S
130
96M
93
eiH
6M
10
08Vi
70
66X Nov'99
64« Nov'99
68
69
88
Sale
61) ?6
8iH
Apr'OO
77K 845<
Bonds due January. T Due August. aThese are option udM.
oonsecutivb FA.Qm).—BANKS
Miscellaneous.
Par.
Union Steel & Onaln
Union Steel A Chain pref
Union Switch A Sif aat.50
Preferred
50
Union Typewr— Com.100
1st preferred
2d preferred
U. S. Cast Iron Pipe
Preferred
Banks.
Broker t'
100
100
Bid.
3
36
t
t
As>.
8
36
42k 43k
«9% 71
29
111
118
Bk
46
Bid.
Qu
8034
113
183
8
40
.
<&
83k 347
MISGELUS.
MIscellaneouo. Par.
U 8 Bnvelope-Com..lOo
U
Bid.
49
86
Pref
100
6b— See Stock Bx. list.
8 Glass— Common..! 00
Ask.
60
87
33k S3H
106
110
U.S. Pneu.Hor. Coll.— See PhUa. List.
20
Va Coal Iron A Coke. 100 18
68 lk<49
61
MAS 60
Westingh Air Brake... 50 tlOlk 191M
Worthing. Pump, pfd.100 lis
117
Preferred
Qu
Mutual*
Nassau*
Bid.
Fifth
336
First
3400
14th Street*. 146
170
400
Gallatin
Gansevoort*. 60
1700
Garfield
Fourth
165
175
100
New Amst.*. 930
NewYork Co 1600
Bx.. 116
NewYork....
19th Ward*..
Ninth
North Amer.
Oriental*
....
360
100
Manhattan* 976k
Market A FdI »830
Mechanics'
Meoh A Tra*
Mercantile
Merch Bxoh.
Merchants'..
.
.
106
100
188
180
178H
Metropolis*. 476
Mt Morris*.. 190
State of NY' 138
13th Ward*.. tl35
33d Ward*... 100
Union
Sq*....
ilO
West
Side*..
375
tl07
^83
100
First
336
Hamilton*...
uok
Kings
100
360
302
360
110
396
390
176
196
150
116
t
199*
Co*....
Mannfact'rs.
Mechanics*..
Meoh A Tra*.
Merchants'.
Nassau
Nat City
North Bide*..
People's*
...
Soherm'rh'n*
17th Ward*.
816
145
130
106
•
Trust Cos.
<
.
188
630
886'
otati
N. Y. CITY.
300
Bedford*.... 310
Broadway* . 190
Brooklyn* . ..
8th Ward*...
5th Ave*.... 100
Greenwich*.. 166
Hamilton*... 146
63
14
••
180
Atlantic Tr. 800
Bankers' Tr.
810
«00
CtLBltyBAT 286
100
•
•••
216
Central Tr'si.
City Trust...
Colonial
Continental
.
3075 Si'35
886 360
886
S76
Farm Ln ATr 1375 1488
Fifth Ave Tr 440
Guaranty Tr ^oo
Enlck'rb'ok'r 300
Manhattan
306
Mercantile
800
600
•
•
•• t*
.
lOB
••••••
•
•••1
410
BB'KLYN.
Glermanla*... 335
Imp A Trad. 616
•
370
*H5H SSH
Pacific*
YorkviUe*..
Bid.
Qu
Sprague
200
36th Ward*.. 140
180
Union*
Wallabout*.. lOd
160
N Y Nat
Banks.
Brokers'
tl58
Western
German Am* U5
German Bx*. iiO
Ask.
otatio nt.
170
460
Park
Peoples'*.... 385
100
Phenix
475
Plaza*
Prod Bxoh*.. 188
Commerce... 379k i84H Republic .... 806
148
Riverside*... 310
Continental 135
Seaboard .... 393
Corn Bxoh*.. 356
560
Second
Domes. Excb 140*'
180
Seventh
Bast River.
Shoe A Le'tb 103
11th Ward*. 180
300
State*
Fifth Ave*.. 3400
180
Irving.
Leather Mfr. 336
310
Liberty
776
Lincoln
1st 6s
106
107
BQS4 Coal 6b 1911.... JAJ 116
Tennessee Copper
14^ IJk
Texas A Pacific Coal. 100 78
1st 68 1908
AAO {106
TitleGuar A TruBt..lOO 800 410
Trenton Pott— Com.. 100
6
10
Preferred
100
48
68
Trow Directory-New, 100 60
eo
Up icn Copper
7k 8
Banks.
Brokers'
N. Y. CITY.
America*.... 460
Am Bxoh.... 191k
500
Astor
300'
386
Bowery*
343
Broadway..
Butch'sADr.. 86
176
Central
510
Chase
Chatham .... 300 310
4C00 4100
Chemical
148
Citisens'
t345
City
Colonial* .... 376
Columbia*... 190
776
Hanover
Hide A L'atb 116
lOOU 101k
Ask.
otati
40
117
JAJ
Storage Power
Superior A Boston Cop'r.
Swift A Co
100
Stillw-Bleroe
lOWH
114
ttttt
76
160
list.
Preferred
90
Peck, Stow A W110OX..26
5C 400
Pennsylvania Coal
60 \ 23
Pitts Bess
60 t 24% If"
Pittsbnrg Brewing
Preferred
60 t 455i
Pittsburg Coal
IOC
27h
100
Preferred
8lk 84
100 166
Pitts Plate Glass
168
18
Planters' Compress 100
38
Pneumatic GunCar'ge.lO
Q-J
47k
113k
126
13
109X
, .
\
New
Jer Zinc A Iron.. IOC
N. Y. Bl.Veh. Transp.lOC
Nicholson File Co
50
Virginia fund debt 2-3i.l991
Registered
6a deferred oertfs
Due May.
Miscellaneous. Par- Bid
109
Minneapolis Brew »t 78
Monongahela River Coal t 18
50
Preferred
t
100
Mosler Safe Co
Monongahela Water... 25 t.
17
Nat Bnamel'g A Stamping
70
Preferred
100
60
Nat'l Gramophone. ...
49
National Saw— Pref.. IOC
National Salt
4ek
74
Preferred
IOC 150
National Surety
National Tube SeeNYStk Ixch.
46
National Wall Paper. lOf
6
N. E. Blec. Veh.Trane..lO
86
lOi.
Loan A Imp
no
Bale
-
112
112
''
Car—Con80l4i...l91( J-J
Tenn—New settlem't 3i
118W
Feb'O
tee Beventyi »<>
•«•
101M losr
101
102M
103H lOsS
I34P^ 134
134M
112M 112i<
lit
118^
118^ 113k
sted hepartm ent
for bond
J -
8maU
71
111
71
(Givek at foot op
SlOBB-ShefBeld, oom.
4
100
Preferred
Kan C. Southern- Sf«
pref.— S««
Do
88-See
Do
list.
C8M) 66
Feb '9';
• •
108M 103HS OShi Apr'OO
99^
IOOJ4 Apr'OO
108% \69H 109
109
Apr'OO
109>ft llOX 110
133
134
113
MlBBOurl- Funding. ..1894-9E
68
106
I
85
360
laily rtrrfii
UNLI8TBD BONDS.
Atoh Col A Pao 68 tr ctfi.
111
Atch J Co A West 6s tr otfs.
103^ lOSM Kan City 80 Ss (wh issued)..
BtLIMASonew30y48 (wt)
12
2
71
111
103J< Mar'OO
104 Feb. 'OS
atglstered
•Mo price Friday; these are lateat bid and asked this week, t Due July
Ask
101
1141^ Hale
F-A
3-i
Dlst of Columbia— 3*658.1924
48.. 19 14
•«•• tteact
Not'99
112
109
Louisiana— New con
Small
116M
102
21
lOS^i
f
OUTSIDE SECURITIES
Oct.'9P
,,.,
190f
190e
58
Cla88C4s
Nortfl
71
14
B
ClasB
40
19
•••«•
113
90
1139^
Alabama— Class A 4 to 5.190( J-J
107M
92
106
Mar'OO
71
111
go: g 5B.i»i& J-J
Chlo Jo A StYd
Non-cum Ino 6s .... 1 907 -J
Q-J
Com Cable Co 1st g 4s.. .2397
239-;
tlecellaneoue. Par. Bid.
»o
Ohateaugay OreA Ir 68 '15
Ohei A O Grain Bl— Ino. .1 13
76
is.
v:-„'^!
Ohesebrough Mfg Co. 100 340
(HB)-l8tpref.l00
100
Olaflln
100 100
8d preferred
g 84 of i»9tf
1.
Low Hiah
18
lOai^Feb'OO
10S9i Mar'OO
102H May'9U
102H
Hi
Currency funding 48...192C J
106
F-A
68'4f-
B 1
aBCUKlTlBH.
Small
lJO^ OS.
Bx— Col tr g 4s.l94^ M-8
BklnFeiryCo Istcon g
Mexico
dTATill
89Jt
M1BCKLL.ANKOU8
Adam*
mDkAImpSs.
U 8 of
Small
99
70
106
93
107
••••
••••••
••
Ifl04
in the "
made
FOR'GN GOV. SECURITIES.
100^104
105" Jan."'00
895iFeb'0n
Sale
115
82
ooupon
+ Prices are
109
sa
lOt)
58
yo
NoT'99
113
8 2b registered.... Upuouai
8 3b registered
1918
3b coupon
19ie
S 38 reg small bonds. 1918
small
8 3i oou
bonds. 1918
...1907
8 48 registered
8 4s coupon
1907
1925
8 48 registered
8 4b coupon....,
1925
1904
S 5b registered
U
9SH US
U
U
U
U
U
112
U
U
no
U8
106
106
107
105
10994
U
tinee
Jan.
96HJan.'97
Iron 8teamboitCo6B...1901
Mad Sq Gard Istg 5b... 1919 M-N
Man Bcb A Lgen g 4s. 1940 M-N
Ifl'et T A T iBt s f g 58.1918 M-N
«-ntUnTelCo. Se«Wn Un,
Vewpt News SAD D 58.1990 J-JI
.M r ANJTel gen g 5b cy '20 M-N
A OntLand Istg 68.1910 F-A
NoWestnTeleg. Se«West.Un.
8t L Ter Cupples Station A
Prop Co Istg 4^s 5-20 yr' 17
8 Ynba Wat Co con g Bs '33
Sp Val Wat Works 1st «b.'06
Vermont Mar Ist a t 58.1910
West Union deb 78. .1875-00
Registered
1875-1900
Debenture 78.. 1884-1900
ReglBtered
1884-1900
Col trust our 5b
1938
Mut Un Tel 8 f 'd 6b 191
'04
NorthweBtem Tel 78
D. 8. GOV. SBCURITIBtt.
28
US 30-year refundlngt-..
103
108
90
Apr'OO
SS
34
J-J
A.-0
J-J
M-8
M-N
J-J
. . .
1
107
Auk. Lfne. Hioh..
Sale
34
3594
100 Oct.'99
.
I.
109
109
105
rieTATooltrgsf 5S...1926
ar Rlv Coal A C 1st g 6s. 1919
aaok Wat Reor Istg 58.1926
Send B Co l8ta(g68...1931
Tnboken L A I g Ss
1910
Bid
Range
Week's
or
Last Sale.
.
.
110
Wbbk Ending Apr. 27.
Jet MAM Id gr 3Hs 8 A.191] A-O
LXX.
Range
.
107M108
a
Sale
[Vol.
WT
104M 106
197
183
<
rpennCoalTDiv iBtgesigil A-O 105
con 68.1917 J -J 109
X Blrm Dlv 1st
Cah C M Co 1st gn g 6s.. '2J J-D
De Bar C & I Co gu g es.'lO F-A
WhIiBAPCCo lotgSg.'U J-J
5.
Price
H
94Vf
. .
.
Friday,
April 27.
N. Y. STOCK EXOHANaF
1.
..
Page
(5 pages)
BONDS.
$inee
Jan.
—
1S.
,
PKICES
Range
Atk. Low. High.
Bid.
aaaiLNYlitoongS8..'32 M-8
a & Fuel. 8m P G A Co.
*B!lec
.....
THE CHRONICLK-BOND
834
q
aas
,
,
230
<Jl0
110
83
110
360
.
Merchants'
Metropolitan 400
MortonTrust 441
N Y L I A Tr 1400
N Y Sec A Tr 760
North Amer. 3-^6
Produce Bx. 185
Real Hst Tr't 800
StandardTr't 310
400
•••
1400
s
•••••
880
180
State Trust..
Tr.Co.of Am. 805
808
Tr.Co.ofN.Y.
196
Union Trust. 14*04 t
USMtgATr. 460 800
«
Unit. States.. 1678
Washington 306
BR'KLYN.
••••••
800
••••••
310
•
•• ••
308
1S8
Brooklyn Tr. 410
Flatbnsh .... 166
Franklin
300
Hamilton.,.. 3e5
Kings Co.... 346
Llsl L ATr J 60
Mannfact'rs 310
[Nassau
People's
300
WUllamsb'gb 186
410
300*
870
S80
336
900
* Banks marked with an astArtsk
are State banks, t Purchaser also pay'
"
Stook
Bxoh. or at auction this week
aoomadint. t Prto« per shark t Bale at ~
1;^*)
'
I
—
J
April
1
..
....
.
rHE CHRONICLE.
28, 1900.
835
A
Boston, Philadelphia and Baltimore Stock Exchanges
Share Priceii— Not Per Oentam Prices.
Daily and Yearly Record.
Sales
ACTIVE STOCKS.
Monday,
Saturday,
April 21.
ex
%4l
145
•
100
Tuesday,
April 24
April 23.
«H
241
244
145
249
190
6% 6%
6%
6% 6%
6% 6% American Railways
244% 345 245
244 244
241% 245 uuston Albany.
1'15
145
145
141% 116 Boston Blevated, full
6M
245
843
849
190
(Phtla.) 6 paid
(Bottoaj.....100
"
...100
Boston & Lowell.....
"
...100
Boston & Maine
"
...100
"
Chlo. Burl. 4 Qulnoy
...100
"
Ohio. Juno. & On. Stock Yds.
...100
"
Preferred
...«•
...100
Choctaw Oklahoma A Unit.. (Phlla.i. ...50
"
Preferred.
...50
^itchburii;, pref
(Boston) ...100
LehiKh Valley
(Phila.) . ... 50
Massachusetts Eleotrlo Cos. (Boston). ...100
"
Preferred
.,
...100
,
Mexican Central
"
...100
Northern Central
(Bait. ) . ... 50
Northern Paclflo
(Phlla.) ...100
Pref erred......
"
...100
Old Colony
(Boston). ...100
,
Pennsylvania
(Phlla.). ... 50
"
Philadelphia Traction
... 50
"
Reading Company
... 50
"
Ist preferred
... 50
"
2d preferred
... 50
Union Paclflo
( Boston)
...100
Preferred.
"
...100
Onion Traction, $17% paid. (Phila.). ... 50
United By & Klec. Oo
(Bait.) ... 50
"
Preferred
... 50
West Bnd Street
(Boston) ...50
,
842
242
190
191
193
1249i 126
,
124
34
43
133
•
•33
•33
•42
133
84
43
133
27
x43
781^
78
•812
!93
121%
134%
124
•43
•133
249
•343
1M3
19!?
136
138
124
siy^
•212
315
193
125%
215
193
193
126% 127%
126)4
•l34
135
•
186
125
123>i 123% •120
30
30
42%
133%
26% 27M 27% 28% 27%
•21% 25
25
25
84%
78
78% 78% 78% 78%
•13%
13« ISH •13% 14
78i4
6,811
SO
31
43% 49% 42^
131M 134% 136%
39% 2S% 29%
34
21% 24
79
79% 79\4
14% 13% 13%
43
134
paid..
13H 13«. im ^m
•87
91
•57% 58
68% 68t4 58
68% 58% 59i4
68« 59H 57% 53
•78
•78%
•75«
76
7654
76!^
76%
76%
79«
76%
77
•76)i
307W 207J^ 207^207s 208 208
107 207
208 208% 808 208
e3« 889i 67% 6854 67% «3H 67% 6S!^i 88% 69% 89k4 70
96% 97
86X »6^ 909< 96H 96% 96% 96% 96% •96% 97
9% 9 U-lO 9 7-16 9%
9 IS-IS
9% 9%
»H
9H 9%
89% 30% 33% 309i 89% 30^ 29% 80% 29% 30%
•0 9-10 31^
15 7-16 16
15 9-16 15%
a
15% 1(5% 15 15-16 It}
len 16%
67M S7)i 56<.< 58M 55% 5654 66% 5f>H 66% 57^4 56^ 57V«
76
76
75
74^
76
74%
74% 75% 75% 75% 75
75%
S8Vi
38
38^ 37% 38% 38
33
38« 38K 38>4 38% 38
IS%
IbM
18><
18i4
18%
18%
18%
18%
18%
18%
18^i
18X
93% 93
93% 93% 93% 93
98« 98H 93
93% 93% 9SH
mtacellaneoas Stocks.
01
91%
98
91%
91%
93
08% AwalgaTiated CopperV
91%
91%
98% 03
92%
(Boston). ...100
•27
•27
28
27
28
27
27
28
27
28
27% Amer.Agrical. Chemical..,,
"
28
...100
74
73
75
75
"
76
75
74« 73% 75
Preferred
75% •75
:
...100
2% 2% •••••• •••••
(Phlla.). ...50
2% 8% American Alkali
2M iH
2M 2V<
m
17
317
6,637
156
86
368
113
688
32,381
883
602
805
..,.«
.
1,8SU
.
131
31,234
1,086
2.480
83,606
5,20M
1,555
1,650
5,102
6,986
-•••••
1,03U
824^* 38o'*
326H 330
335
330
834
338
7%
8
306
70
747% 760
8!^
300
73
755
296
60
%\% 21^
64^ 55H
46
20H
63
46%
46
39«
4S5i
48
48
»H
9
0M
102^ 108
103
135
20
18
185
20
4M
*H 4M
117X117M 117
4
•18M 80
18
46
82
•61
46
•61
8
80S
71% 72%
747
745
20% 20%
53H 53>4
45
104
41% 41% 42
48
48
50
9
9
103 •102% 103
135 135
21
10
20
103
102
40
48
103H
103
205<
639(
4S><
8
304
117
10
46% 47
46
•103
117
117
18%
{NACTIVE STOCKS
"47% "47%
Central Mass...
Pref.
Oorn&PaBsom
Oonn
Rivpr....
"
"
"
"
"
M
KO rtS&M..(Bost)100
"
100
Little Schnylk.(PhU) 60
Maine Central. (Bost) 100
MlnelilU&BH.(PhU) 60
60
Nesqnehon'g Y. "
50
North Penn.... "
Pere Marqa'te.(Bost)100
"
100
Pref.
,.
PhU Germ * N.(PhU) 60
BysCoGMieralt " ....
"lS%
66
160
40
97
60
149
47
60
73%
• • • • •
I
22
70
•
sse<
100
69
84
76
69
163
64
106
"as"
il« 60
162%
"
Pref
Wor Nash A R.
"
100
100
BflSOHLIiANBIOnS.
AUones Mlnlng(Bost) 25
Amer.Oementl (Phil)
....
Areadlan
(Bost) 26
Arnold Mining. "
25
tUutlo Min'g. "
25
"
Baltlo Mining..
25
Beth Steel
(PhU) 60
Boston BleoLt.(BoBt)100
Cambria lion. (Phil) 60
Canton Co
(Bait) 100
Centea Mining. (Bost) 25
"
Central OU
86
Con. Lake Snp. (PhU) 60
.
BajUgtat Prism.
••
60
60
««
6%
135
19^
4
4%
116%
115)4
In
18
43
135
115
Marsden
Coir .,,.
Highest
Bid. Ask
BONDS
Boston- Concluded.
18
18% NewBng oongen5B'46JAJ i....
N B Cot
Ss 1939FAA il08% 10394
^3^ 44% NBGasYam
AC Ist 5s .1937 i 68% 60
New Bng Tele 68.'99 AAO
4
100
HewBngGsACII(Bosl)
"
Old Col Mining.
Osoeola Mining.
.
%
1
• •
• •
80% 31
16%
"
64
60
4
AAO
1907
6s
IstmortOs.. ..1905 JAJ
Rutland Ist 6s.. '02 MAN
Torrington 1st 5s 1918..
West Bnd
4%8
Deb 48
St 5b. .'03
Anacostla
A Pot
Chicago Juno 5S.1915 JAJ §113
'
• • • •
87
88
20%
21
16
16%
83
M gu 5s. '31 MAN
WM
i
>• e
ee<
310
Franklin Min'g. (Bost) 25
16% 16
Oeneral Kleot. . "
100 137
138
"
Pref
100 187
139
SenKAnto-MKPhU) 60
Ind-Hgyp ComT(Bost)100
16
10
IntBntHASM "
a
10
8
"
IsleBojaleT....
85
87
86%
MaDiifacBnb..(PhU) 60
"
F'ref
60
MarylandBrew. (Bait) 100
5
6%
"
Preferred...
100
83
21
Mergeuthaler . (Bost) 100 102
193
Met Telephone "
lO
2% 3
5s
A Ch l8t 78.1907 JAJ
AtlG-Light 1 stSs 1 9 17 J AD
Atl Coast L ctf 8 58 .JAD
Bait Belt Ist 5s.l990MAN
BaltCPaslst 5s.l911MAN
Bait Fundg 5s.l916 MAN
Exchange 3%8. 1030 JAJ
KCFtSAGlst78.'08JAD nio
K G F SAMcon 6b.'28MAN mo
K C M A B 1st 4s..'34 MAS } 07
68
Income 5s
K CA M RyAB 6s.'29 AAO no2
«118
JAJ
K C St Jo A C B 7s.'07
{
MAS
den 4s 1943..
Mar H A Ont 68...'25 AAO 5118%
g..l91l
JAJ 70
Mex Cent 4s
1st 6s tunnel 1911..JAJ
Bal Trac Ist 5s.l929M&N
;
S
2
80% Mar. 81
Jan. 19
Jan.
8
349 Feb. 6
137% Jan, 4
118 Jan. 10
1 4% Feb.
9
330
Apr. 3
85% Apr. 3
770 Feb. 16
*»%Feb. 3
60% Feb. 31
51
Mar. 31
123 Feb. 83
5794 Feb.
6
50% Feb. 87
13 Jan. 88
3
%Mar.
11
6
1%
103% Mar. 87
14 'I
6%
160%
85
50
seats
* • s
MAN
118
see
130
116% 117
104
96
106
98
10694 107
116% 117
106% 106
CharlCAA eit5s.l910JAJ
CityASub lst5s.l922JAD
CityASab( Wash) l8t5s'48
Col AGmv 1 8t5-8. 1 9 1 7 J AJ 116%
Consol Gas 6s.. 1910 JAD 116% 116
6b
1930 JAD 106
Ga AAialstpf5Bl045AAO 106
••••
GaCarANlBt58g.l02ejAJ 103% 103
GeorglaPl8t5-8s ie23JAJ iaj%
•
111%
116
, .
NewpNAOPlst5s'38MAN 104
Norfolk St 1st 5s '44. JAJ 110
NorthCent 4%s.l025AAO lis
6s 1900
AAO
6b gold 1900
JAJ
6b 1904
JAJ
Series A 5s 1926.. ..JAJ
Series B 5s 1926.... JAJ
Pitt Un Trac 5s.l997 JAJ
PotomVal l8t5s.l941JAJ
SecAvTn(Pitts)5s'34JAD
f
Bl lst48'49.MAS
. . ,
• • • • s
"
27
80
30
1894
14%
Mar. 28
6
tBz
BONDS
rights.
180
120
110
99%
WestYaCAPlsteg.'llJAJ 118
Wll A Weld 5s. 1 935 JAJ 118
s«»e«e
U9X
.
Bonds— Philadelphia
AUe Vy B ext 7sl910AAO
Asphalt Co 58 tr ctfs
)
s s
••
74
MAN
Del A B Bk Ist 7s.'05 FAA
58. '20 MAN
Bast A A 1st
Bdlson Blec 5s stk tr ctfs
BlecA Peop's Tr stk tr ctfs
M
BlmAWllm
1st 6s.'10
JAJ
.2862 AAO
Bq ni Gas-L Ist g 5s. 1928
Hestonv
A F con 5s.'24
HA B Top con 5s.'25 A 40
Indianapolis Ry 4s. .1933
116
111
110
09
130
2d series
3d series
MAS 118
MAS 119%
106
MAS 113
8s.. 1911
6a.. 1916
4th ser 3-4-58.1 92 IMAS
5th series 6s. 1936
Ya (State) 3s new.'33JAJ
Fund debt3-3B.1991 JAJ
93
01%
99H
*seit«
M
•
se*««
108%
•
••
«
118%
RR4sg
1914 Q-F
Gen M4%8g.. 1924 Q-F
Leh V C'l lst5sg.'33 JAJ 108% i08%
Leh Yal ext 4s.. 1948 JAD 118 •#•#••
2d 7s.
1910 MAS 137%
Consol 6b
1923
JAD
Annuity 6s
JAD
New'k Con Gas 5s '48 JAD
Newark Pass oon 58.1930
NYPhUANorl8t4s '39JAJ
Income 48 ... 1 039 MAN
No Penn 1st 48..'36 MAN
GenM7B
1903JAJ
Penn gen 68 r... 1910 Var
Consol 8s
Consol 5s
0. ...
r. ..
.
1905 Yar
1919 Var
130
187
104
116
113
186
116
Penn A Md Steel oon 6s
Pa A N Y Can 7s..'08 JAD
AAO
AAO
Penn Steel lBt5B.'17 MA>
Cons 5s
Cons 4b
1939
1939
•••act
• att*
.....t .!It!
•
•«
180%
107
'
•••••
108*'
99%
Trust certfs 48
65
•
.
atttl
••••!
.
Consol
M 78.. 1911 JAl-
113
101
Con M6sg...l911 JA1>
Bit Imp M48 g.'47 AAi.
Con M of '82 ls.'37 JA,
ill
Terminal 5b g.l941 Q-t
)31
122
104
CoUat trust 4s.l031 JAJ
124
•••att
*«*8*t
CAStL 78.1000 FAA 108
9194
9694
Pitts
74%
Roehester Ry oon 58.1930
SohRBSldelBtSs g'SSJAD
Boran Trac Ist 6b^33MAN
Union Term'! 1st 5s.FAA
United N J 4s.. 1944 MAS
UnTraoPltts gen5s'97J A^l
••«•••
100%
PWUABalt4s.l017AA;i
107% 108%
01%
»6«
-•!•••
•see**
Ss...
PhABr gen M 6g.'20 AAO 130
Gen M 4s g. 1920 AAO 108
Ph A Read 2d 5s.'33 AAv 187
134
,
Aak.
Bid.
People's Tr tr certs 4s.'48
PhUa Blec gold trust otfs
111%
8aTFlaAWe8t58*34AAO 110
Un Ry A
106*
110
Income 4s 1 949
JAD 74%
YlTg Mid 1st 88.1908 MAS 110
••••
Mar. 37
48% Apr. 25
Baltimore— Conolu'a.
We8tNCoon6s.l914JAJ 118% 110%
Income
116
Jan.
8
Apr. 4
Jan.
»
Jan. 11
Jan.
8
84%
Jan.
1
Jan-
Ext A Imp 6S.1901MA8 10194 102
No BaltDlv 5S.1942JAD 119 121
77
Conv'rtlble 5sl906MAN 103% 103% K C Sub B Ist 6s..'20 JAD
Central Ry 6s... 1912 JAJ
Lehigh Nay 4%s..'14 Q^ 113
UuEl L<APl8t4%t'29MAN
sets
110
106
>
111
183
113
I
BaltAPlstOsml 1911AA0
Seaboard ;oau certfs ..,,,
Seab X Roau 5s. 1928 JAJ
98
70
•
» • i •
• • • e 1
110%
LB AStLlst6s 1939...
08
)
100
98H
06
118
105%
.
.
lis
mm
1st oon Ino 3s g non-com
2d oon ino 3s non-onm..
8
«6
Feb.
Apr.
Mar.
Balls
KnoxvTrao I8t5s '28AAO 10094 101'%
Lake R El lstgu58'43MAS 117
Maryland Brewing 6s
71% 72
MetSt( Wash 1 st 58'35F A 121
12^%
New Orl Gas 1st 5s...Var
Chi A
gen 5s.'21 JAD 510U94 101%
80
Con. of Verm't 5s.'13 JAJ
04
Curr't Riv Ist 58.'27 AAO i 00
00
DGRAWlst48.'48 AAO i 06
110
Domln Coal lst6s.'13MA8 i
68 g.'06 MAS iU6
Bast'n 1st
Fr BlkAM V 1st 6s '33 end «136%
Unst'p'd 1st 68.'33 AAO n86% ••••••
100
Steel conv Ss.'lO JAJ i
101
Debenture 5s. 1 9 1 3 AAO i
00
98%
K C CA S Ist 58 g.'25 AAO {
LRockAFSlst7s.'06JA.
97% Apr.
23
74
Ter 1st Ss. 1936 JAD
06
BergAEBr9wlst6s'21JAJ
B Boro Gas Ist 58.'38MAe(
• • •••
Cambrialron 8s.l917 JAJ 106
• • ••#
ChesADCanlst58.'16JAJ
Choc OkAG gen 58'19JAJ 10494 105%
Clt'8'StRy(Ind)con58.'33 108%
ColUD'StRy lstcon5s.'32
Con Trac of N J Ist 5s..'33 109%
105
i....
Bonds— Baltimore.
Atl
Greater Seaboard ctf 3.,,,
M
7%
IdisonKl m... " 100 306
neoCoof Amt.(PhU) 60
Ch ANo
81% Jan.
Atl City Ist 5ag..'19
MAN ao3
ChasRyaAE15i'99MA8
40
nil
no4
1914 MAS }iii%
1916 MAN no7
Ext A Imp 5s.l932MAe
Chas City Ry Ist 58 '33JAJ
4H
40%
i...,
NYANBnglst7s.'05JAJ {115
Consol 58..,. 1932
994
"
Non-exempt 6s. '18 JAJ {107
38% 98%
Plain 4s
1910 JAJ 3100
6%
|«H 85% Ch Bur A Q 4s. 1922 FAA llOl
1919
lowaDlv
AAO 2103
4s.
33
175
Apr. 10
Feb. 10
Jan.
145% Apr. 28
241 Jan.
240 Apr. 18
187 Apr.
30 3% Jan.
5
119%.) an.
131% Apr. 3
13t
Mar.
142
Apr. 8
123 Jan.
127 Feb. 6
30
Apr. 26 35 Apr. 18
40
Feb
45 Jan. 4
110
Jan.
136% Apr. 27
8S%Jan.
29% Apr. 87
15 Jan.
2k Feb. 14
75 Jan.
7994 Feb. 16
10% Jan.
14% Mar. 19
91
Apr.
100 Jan. 30
60% Jan.
62% Apr. 4
73% Jan.
77% Apr. 18
303 Jan.
208% Apr. Sa
84% Jan.
71% Apr. 5
95 Jan.
99 Feb. 6
8% Jan.
10 9-16Apr, 6
34 9-1 6 Jan. 10 33% Apr. 6
13 Jan. 10 17% Apr. S
44% Jan. 9 60% Apr. 4
73% Jan. 8 78 Apr. 4
38% Feb. 27 40% Mar. 31
15% Jan. 8 19% Mar. 30
34 Jan. 9 86 Jan. a
93 Jan. 5 ti4%Mar.
1,500 299
Mar.
85,708 95% Mar.
697 107 Mar.
14,88.^
6% Apr.
848 25 1 Jan.
1,322 43 Jan.
91 7;46
Mar.
6,277 19% Mar.
1,350 90
Mar.
1,100 40% Jan.
138 09M Jan.
21,918 39% Apr.
6,019 43 Jan.
4,178
6% Mar.
119 100 Feb.
58 130 Mar.
1,067 14 Mar.
12,318
4
Apr.
1,416 til 4% Apr.
187 16% Mar.
1,532 40 Jan.
415 40 Jan.
Ask.
"
68
68%
Palmetto Co.... (PhU)
48« 46%
Parrott SUACop(Bost)
Penn Blec Veh. (PhU)
"
Pref
Pennsyl Salt... "
77
Pennsyl Steellf. "
"
PrefT
100
Qulncy Mining. (Bost) 25 is?' 130
5%
Rhode Isl Mln. (Bost) 35
4«
1
1%
Santa Ysabel G "
5
Susquel A St.. (PhU)
394
5
Tamarack Mln. (Bost) 25 187 lOo'
TelepTel AO..(PhU)
14'
Tidewater St... "
"lO
38
20
Torrlngton "A"(Bost) 25
20
88
"
Pref
25
3
3
25
Un Cop L A M'g "
36%
UnBiLiPowpf (Bait) 50 35
31
Un Shoe Maoh..(Bost) 25 80
'•
84
3196
Pref
35
....
,
US Mining.... " 25 9% 10
Utah Mming..(Bost)4-85
Warwick IAS. (PhU) 10
7%
246
$50 paid
Bid.
NewHavIA S.iPhil)
No Am O Dredg(Bost)
Mar.
Mar.
8
760
875
475
450
a 15 13.16 '6%
.
44%
...50
,
.
.
173
".
...100
...100
...100
...100
. .
61% 81%
Am BeU Tel 4s. .1908
17%
.
,
"49"
47%
(Bait.)
"
...100
103 103 New Bng. Cotton Yarn, pref. (Boston), ...100
New
133ii 134%
England Telephone....
"
...100
20% 20% Old Dominion Copper IT
"
... 25
4% 4% Philadelphia Blea.T 2% paid (Phlla.)..
11494 115>^ United Oas Improvement 1..
"
... 50
United States Oil
19
19
(Boston). ... 26
44
47% Welsbach Lightl
(Phlla.) ...
5
•47% 49 Westingh. Bleotrlo A Mfg. (Boston) ... 50
•88%
"
Preferred
... 50
19% 19%
47% 48%
63% 63%
60
9
20% 20H
^14
*H
115
43%
10
25
60
...
...
...
(Boston)
,
Krie Telephone
"
"
Federal Steel
Lehigh Coal & Navigation.'.*.' (Phlla.)
Bonds— Boston.
101
JAJ aioo
8X
A TAS F gen g 4s '95 AAO hOO 100%
18
10
84%
Adjustment g 4s.. 1995 i 84
40
50
115
Boston Term'l 3%8. .1947 Ins
136 130
'39
84%
81%
Bos Un Gas Ist 5s.
JAJ
1939 JAJ
2dM5s
2
47H 60
GaSoAFla Ist 5s. 104 5 JAJ
BurA Mo Rlv ex'pt Os.JAJ 3128
J«
"
Diam State St
10
4M
Domln Coalpf.(Bost)100 116
.
50
•108V4 103
135
19
42
49
100
100
Prefir
Westm rel Coal "
50
Winona Mining(Bost) 25
Wolverine Mln. "
25
63%
8%
Wis Cent, new. (Bost) 100
136
•102
43
50
43H 43%
WelsbaohComt
'
WestNYAPa.
•108% 103
45
102
DSPHor8eCol.(PhU)
12%
36%
.
"
41% 42%
49^ 49%
9% 9%
45
102
Butte & Boston
"
,
"
Calumet & Hecia
Cambria Steel, $4% paid..,. (Phila.)
30% 21
54% 65!4 Consolidated Gas
45
15% Dominion C }al
20% 21
53% 53%
MI8CBLL.—Concluded.
....
WestJer&SS.(PhU)
45
102
7
314
77
750
75
7^8
STOCKS BONDS
18
36
Prefw. 1
(PhU) 100 870
Uc-Mta W .1
26
34
UnPowA Trans "
60
United Troi P. "
Pref
60
61%
West Bnd pref. (Bost) 60 114
. .
45
lOa
3U
Ask
25%
64%
Pref
Eea*}0fird w.i. (Bait)
20% 20%
53% 63H
6%
7%
317
74
750
"
Preferred, $10 paid
... 50
American Bell Telephone. (Boston) ...loo
American Sugar ReflnlngV.
"
...100
PreferredlT
"
...100
,.
Asphalt Coof America.. ...I (Phlla.) 5 paid
Boston & Montana
,. (Boston) ... 25
. .
123%
111% 113
27.
130
lo6
Bid.
100 303
12
100
63
100
100
100 277
OonsolTrPittslKPhll) 50
"
50
Preft
Sa South & Fla.(Balt)100
"
100
pref
1st
"
100
2d pref,
O'rmant'n Pas8(Phll) 50
60
&T "
Eestonv
50
Pref
"
100
Inds Street
747
no aale wa made.
BAILRO ADS.—Price* April
129
A.tl * Charlotte(Balt) 100
Bos * Maine pf.(Bost) IOC 160
Boston APtov.
189i
•81
•Bldsnd askedpiioea
747
6%
313
74
747
307
•71
4%
4
7%
7%
305
340
330
113
340
111% 118
111% 112
337
108!i, 115V4
104H 105H 101^105% 104% 110
lllH 111 111% llOH llOJt 111% lllH
750
Lowest.
1,449
.
•111
8
t04
78
Range of Sales in 1900.
207 238
598 t96
at,
219
1S8K 133^ 133
27« 87% 26%
•26
26^
25^ •25
78
^ Indicates unlisted.
144)<145^ 114% 14194 14494
131
94
43
•83
•42
Friday,
April 27.
Kallroaii Mtooka.
12B« 126H 184H133M
135 130^
186M 136
•
Wednesday Thursday,
April 25. April 26
of the
Week.
Shares
Read Co gen 48, 1997 JAJ
ui"
118
'
••••
113
••aa«
»l-60 paid.
•Price Includes overdne oonpo as.
iAnd
Uitereit.
...
.......
... .
'
...
......
....
;
THE CHRONICLE.
836
[Vol.
LXX.
%mlxo^& %ntjdlxQtnu.
RAILROAD EARNINGS.
%nvitstmtnt and
The following table shows the gross earnings of every Steam railroad from which regular weekly or monthly returns
can be obtained. The first two columns of figures give the gross earnings for the latest week or month, and the last two
columns the earnings for the period from January 1 to and including such latest week or month.
The returns of the street railways are brought together separately on a subsequent page.
Latest Gross Earnings.
Roads.
Week or Mo Current Previous
Tear.
Adirondack
February
Ala. Gt. South.. ^dwk Apr.
Ala. Midland.
February
Ala.N.O.&Tex. Pao. June.
Tear.
Knox.&No
Atlanta &W. P..
At.Vald'8ta&W
Austin AN'west
Bait. &Ohlo....
Bal.&O. Sou'w.
Bath&Ham'nds
Brunsw'k&W'st
Buff.R'ch.&Pltt
Buffalo & Susq.
.
.
.
March
2,848,381 2,442,207
Ind.Dec. &Westl December.
66,247
52,137
Ind. 111. & Iowa. February.
93,456
84,094
In.&Gt.N'rth'n 3dwk Apr.
66,417
82,076
llnteroo. (Mex.) wkMar.Sl
82,200
75,600
Iowa Central... 3dwkApr.
35,581
33.799
Iron Railway... March. ...
6,992
4,337
Kanaw'a&Mloh 3dwk Apr.
1-1,452
10,909
K.C.F.8o'tt&M. 2dwkApr.
106.651
76,163
K.C.Mem. & Blr. 2dwk Apr
33,357
23,388
Kan. C..N. W... March
Kan. City & Cm. SdwkApr.
Kan.O. Sub. Belt Nov'mber.
& West.
Lehigh A Hnd..
j
!
4th wkjan
Miirch
Lehigh Val. RR. March
Leh. V. Coal Co.
March
L«x'gton& East February
177,459
35,331
511,794
126.770
Latest Gross Earnings.
Roads.
Week or Mo Current
Tear
LonglslandRR March
Long Is. System March
Los Ang. Term. March
3dwk Apr.
3dwk Apr.
&Nashv. 3dwk Apr.
Louis. Ev.&8t.L
Oharle8t'n*Sav February
76,629
63,135
Chattan'ga So. 3dwk Apr.
1,898
1,703
Ches. &OM0.... 2dwk Apr.
252,223 231,637
Chlo. Bur. &Q.. February 3.387,365 3,026.77*5
Chlo.& East. 111. ;^dwtt Apr. 104,176
91,669
Chlo. Gt. West'n 3dwk Apr.
116,829 101,616
Chlo.Ind. &L... 3dwk Apr.
78,492
70.032
Chio.Mil.&St.P. 3clwk Apr.
718.511
640,854
Chlc.&N'thw'n, March
3,449,050 3,152,811
Chlc.Peo.&8t.L
> March...
136,271 100,009
8t.L.C.<&St.P.
Ohio.R'kl.&P February 1,712,473 1,501,557
Chlc.8t.P.M.&0 March
802,958 811,972
Chlc.Ter.Tr.RR 2dwk Apr.
23,522
24.814
Choc.Ok.&Guli March
*120,000
'90,013
Oin.N.O.&T.P. 3dwkApr.
89,116
74.689
Cln.Ports.&Vir. March
32,113
24,710
01.0.Ch.&8t.L. 2dwkApr.
314,281 279,478
Peo. & East'n. March
204,401 153,595
01.Lor.& Wheel. 3dwkApr.
42,851
35,401
Col. Midland.... March
196,450
97,949
Colorado & 80. 4thwk Mar
87,245
73,281
Col.New.&Lau February
18,870
14,672
Col.Sand'y&H. 2dwk Apr.
20.435
13,457
Cornwall &Leb. February
22,922
13,475
Cumb'l'dVallev February
68,823
53.741
Denv.&RloGr.. 3dwk Apr. 174,600 17.5,200
Det.&Macklnac February
70,076
55,846
Duluth8.S.<feAtl 2dwk Apr.
51,777
43,641
E. 8t. L.. &Car.. March
13,604
12,479
ElglnJol.&East March
158,048
157,332
Erie
February 2,582,586 2,214,629
Eureka 8prina:8 January ..
6.679
4.055
Ev'ns.&Ind'plls 3dwk Apr.
6,358
6.477
Evansv. & T. H. SdwkApr.
27,424
26.084
Find.Ft.W.&W. March
7,335
7,890
Fla.Cent.&Pen. 3dwk Mar.
50,157
49,832
Ft.W.&Den.C.. 4th wk Mar
27,833
27,074
Ft.W.&RioGr.. 2dwk Apr.
16.436
15,090
Gads.&AttU.. March
1,268
628
Georgia RR
2dwk Apr.
31,842
29,599
Georgia & Ala.. 2dwk Apr.
20.251
20,488
Geo. 80. & Fla. March
109,069
80,530
Gila Val. G.&N. January
28,990
29,036
Gr.Tr'nkSyst'm SdwkApr. 424.859 382,148
Chic.&Gr.Tr. 4tb wkDec 122.108 138,22V
Det.G.H.&M. 4thwkMar
ao,4ii
27,730
Great North'n—
8t. P. M. & M.. March
2,012,524 1,532,828
East of Minn. March
292,263 166,603
Montana Cent March
165,902 175,127
Tot. system. March
2,470,689 1,874,458
G'lfB'nint&K.C 2dwk Apr
6,369
6,157
Gulf & Inter-S.. March
15.765
Hocking Valley 3dwk Apr. 105,895
64,229
Hous.&Tex.Cen February
296.159 242,654
L. Erie
9
29.666
517,411
223,333
183.192
785,262
498,367
17,911
11,065.792
217,8h8
96,851
127,895
54.217
23,595
8.558,723
2,111,877
3,580
114,87
1,524.211
155,649
1,302,859
8,175,159
.
2,852
2,916
Cent, of Georgia Sdwk Apr.
91.072
8d,888
Central N.E.... March
48,631
61,341
Central of N. J. March
1,143,823 1,247,500
Central Pacifle. February 1,169,715 1,047.977
1
Tear.
71,000
58,000
4th wk Mar
25,000
26,000
4th wk Mar
27,000
24,00u
March
276,955 264,594
3dwk Apr.
30,859
32.417
February
8,009
7,749
March
3,869,138 3,361,844
January .. 217,885 177,748
March
33,8«»
30,543
February
63,777
45,081
March
19,672
8,125
February
11.314
9,098
March
3,014,271 2,499,710
3dwk Apr. 133,696 129,852
February
1,815
1,631
February
55,755
49,046
3dwk Apr. 104,104
81.664
March
47,558
66.887
2(1 wk Apr.
79,065
68,172
3dwk Apr. 575,0j0 602,000
Bur.C.Bap.&N.
Canadian Pac.
Cedar Rapids
Garner&N'w. February
Illinois Central.
Previous
Tear.
630 069
N.O.&N.E... 4thwk Mar
Atl.
Latest Bate.
Current
9
14,452
25,638
84,271
to
18.983
30.653
59,799
.
Ala.&Vloksb.
VickB.Sh.&P.
Allegheny Val..
Ann Arbor
Ark. Midland...
Atch.T.&S.Fe.
Atlanta & Char.
Jan. 1
30.554
3,288
46.638
135.301
40,664
23,080
4.106
49.294
06,861
43,239
1.980,23-2 1,765.951
1,282,697 l,34x,388
22,041
13,416
386.042
184,229
172,805
665,379
480,654
18.622
9,549.906
177,748
83,625
97,714
19,336
21.163
6,556,207
1,941.734
3,495
97.930
1,132,042
169,427
1,239.875
7,275,621
6,916
5,552
1,995,746 1,763,990
157„')88
145.977
3,537,197 3,207,756
2,434,975 2,186,322
151,067
120.274
28,144
19,675
3,510.098 3,171,161
6,897,608 6,220.228
1.610.177 1,416,196
2,010.8J-9 1,751,316
9i5.9j0
1.193,254
11,792,526 10,698,639
9,544.876 8,673,831
410,932
283.113
3.535,009
2,265,338
3^8,689
*512.228
1,530,483
84,641
4.563,115
610,605
617,515
578,744
1,043,736
35,163
3,041,404
2,316,399
327,561
*402,460
1,275.247
63,838
3,775,644
50.644
143.253
2,852,808
133,482
666,364
40,861
501,026
5,511,296
6.679
99,108
420,723
24,716
581,986
348.620
119,182
3,151
618,969
403,587
319,763
28,990
6,553,914
3.863,755
215,206
29.307
1 16,045
2,606,504
103,405
632,647
29,897
442.001
4,704,464
4.055
100,828
375,578
22,993
556,476
355,246
133,610
1,897
488,911
339,870
222,751
29,035
6,089.166
3,650,303
202,904
5,020,718
685,599
529,200
6,235,512
76,779
39,593
1,330,295
630,347
8.396.175
609.905
187,998
1,133,282
1,042.600
652,201
20,156
238,i75
1,546,364
498,217
94,268
74,602
489,869
361,251
117,369
5,869.854
4,150,466
47,923
3,958,395
533,846
488,654
4,980,894
74,663
435,778
604,224
337,082
882,347
27,803
Lou. H. A
Louis.
St. L..
Macon & Blrm.. March
Manistique
March
{Mexican Cent. 3dwk Apr.
271.429
276,880
10,589
44,603
14,426
498,260
8,873
9,455
Jan. 1
to
Latest Date,
Previous
Current
Previous
Tear.
Tear.
Tear.
286,452
727,625
291.991
741,411
27,17;i
6,192
587,091
32.071
187,731
10.599
449,725 8,418,201
20..597
6,264
26,966
8,042
280,971 5,387,545
860,973
363,890
125.249 2,383,122
60,20
83,613
86.0 >0 1,181,200
218,281
23,514
632,908
40,276
754,769
42,708
76,131 1,384.360
195.341 8,506,509
465.000 8,414,032
708,976
722,089
21,799
472,459
159,369
6,990.533
16,009
2 1,784
335,312
4,442,884
Mextcanlnter'l. February
748,208
426.882
tMex. National. 3dwk Apr.
158 562
2,027,792
Mex. Northern. January ..
60,207
83,613
{Mexican Ry... WkMar31.
1,165,700
98,300
Mexican So
4thwk Mar
194,457
29,685
Midland Term'l December.
435,393
62,653
Minne'p.&St.L. 3dwk Apr.
717,102
42,489
M.8tP.&8.St.M 3dwk Apr.
95,699
1,028,659
Mo. Kan. & Tex. 3dwk Apr.
212,782
3,297,263
Mo.Pac.&Ir'nM 3dwk Apr. 436,000
7,555,727
Central Br' ch. -•dwk Apr.
17.00<
3 8,518
316.528
19,000
3dwk Apr
Total
455.000 482,000 8,772,550 7,872.255
Mob.Jac.&K.C. March
11,963
28,315
12,938
5,975
Mobile* Ohio.. March
e509,993 e401.800 el,530,134 e 1,097,479
Mont.&Mex G'f March
341,755
312,695
12a,917 104,699
Nash.Ch.&8t.L March
581,035 507,63,i 1,697,109 1,432,488
Nevada Central February
5,368
8,119
3,432
1.673
N.Y.C.&H.R.. March
4,340,593 4,099,868 12,601,282 11,267.592
N. Y. Ont. & W. 3dwk Apr.
87,360
88,186 1.357,^17 1,279.030
N. Y. Susq. & W. February
414,715
363.996
188,46^<
163,695
Norfolk* West. 3dwk Apr
265.031
249.045 4.203.380 3,384,935
North'n Central February
963.515
552,279 404.679 1,209.415
North'n Pacific. 2dwk Apr.
553,850 428,056 7,430,910 6,273,421
Ohio River
2dwk Apr.
325,483
256,898
23,885
19,507
Oreg.Sh.Une... February
558,375 481,770 1,203.305 1,003,407
Pao. Coast Co... February
720,84
684,916
327,504 352.521
February
PaoifloMail
621,855
251,894 275.189
660,886
March..!..
Pennsylvania.
7,014,932 5,820,932 19,592.537 15,701,937
2dwkApr.
Pere Marquette
150,098 13.^,478 2,073,383 1,867,613
Peo. Dec. & Ev, 3dwk Apr.
288,677
231,123
16.944
15,636
Phila. & Erie... February
718,818
628,402
328,606 247,267
^
March
Phila. &Read..
6,200,166 5,244,960
2,091,412 1.879,64
March
Coal&Ir.Co.
1,718,604 1,851,266 6,610,060 6,166,235
Tot.both Co' 8. March
3,810,016 3,730,909 11,840,226 11.411,195
Phil. Wllm.&B. February
764.616 625,216 1,627,756 1,356,056
Pltt8.C.C.&8t.L March
1,639,094 1,346,737 4,809,976 4,007,039
Pitts.Bes.&L.E 3 dwk Apr.
253,581
445,691
13,421
17,296
16,^92
Pitt. Ch.&Y'ny, February
29,729
13,411
8,361
Pitts.Lisb &Wn March
14.023
11.890
5,047
4,338
Pitts. 8ha.& No. January ..
44,005
44,005
Pitts. & West'n.. 3dwkApr.
602,166
567,816
41,538
35,663
Pitts. CI. &T0I. SdwkApr.
268,930
340,302
25,484
17,169
Pitts. Pa. & F. 3dwk Apr.
102,909
93,906
8,766
7,851
Total system 3dwk Apr.
880,858
60,683 1,0 53,608
75.788
119,746
Rich.Fr'ksb&P. February
150,671
72,054
57,221
Rio Grande Jet. February
43.731
66.738
18,469
30.900
Rio Grande 80.. 3dwk Apr.
152,740
133,235
9.814
9,769
Rio Gr'de West. 3dwk Apr.
916,725
93,700
61,800 1,283,020
St. Jos. & Gr. I. 3dwk Apr.
22,245
22,440
26',951
St.L.Ken'et&So March
23,900
8,167
7,503
414,403
St.L.Van.&T.H. March
463.958
165,423 147,114
St.L.&8anFran. 3dwk Apr.
144,316 142.776 2,362,845 2,158,247
8t. L. Southwest 3dwk Apr.
102,600
95,400 1,725,829 1,658,311
St.Paul&Dul... March
372,247
138.179 136,478
368,607
San.Ant.&A.P. February
287,202
246,952
133,559
107,457
SanFran.&N.P. March
174,781
176,864
57,265
59,087
250,000
S.FePres.&Ph. 2dwkApr.
301,388
19,317
15,394
603,669
Sav.Fla.&West. February
807,048
407,243 29J,016
81,892
8her.8hrev.&So 4thwk Mar
101.901
10,668
9,389
47,383
Sil. Sprs. O. & G. February
41,633
21,459
22,548
5,836
So. Haven &E.. March
7.668
2,743
2,074
26.305
37,847
So. Miss. & Ark. March
15,257
10,932
80. Pacific Co. 6. February 4.644,685 3,933,879 9,521.823 8,325,009
Cent. Pacific. February 1.169,715 1,047,977 2,434,975 2,186,322
981.424
886,544
Gal.Har.&S.A February
461,764 399,662
246,795
233,554
Louis'a. West. February
113,145 106,251
Morgan'sL&T February
533.695 484,182 1,086,929 1,121,677
36.623
41,108
N.Y.T. »& Mex. February
17,871
20,559
303.858
325,296
Tex.&N.Orl.. February
163 224 137,844
So.Pac.ofCal. February 1,344,801 1,044,373 2,695,628 2,181,700
707,813
539,457
272.239
So.P'c.of Ariz. February.' 342,256
306.162
346,346
So.Pao.ofN.M February
167,014 153,030
Southern Ry.... 3dwk Apr. 533,296 496,415 9,656,964 8,272,246
804
2.064
1,693
StonyCl.&C.Mt. February
965
410,300
335,839
TerreH.&Ind.. March.....
140,913 117,532
94,197
123,276
33,743
TerreH.&Peor. March
43,314
96.422
88,057
4,239
Texas Central. 2dwk Apr.
5,086
Texas& Pacific. Sdwk Apr. 123,055 133,399 2,676,161 2,369,563
14,640
4,740
28,080
Tex.8.V.& N.W. March
8,800
515,772
33,710
702,105
47,456
Tol.ifeOhloCent. 3dwk Apr
3awkApr
282,011
17,833
14,834
319,266
Tol.P.&West.
550,394
29.469
35.276
542,069
Tol.St.L.&K.C. 3dwk Apr.
Union Pao. RR.. February 1,647,193 1,266,968 3,258,291 2,743.326
SdwkApr.
314.152 272,751 4,816.516! 4,181,008
Wabash
274,854
344,4541
164.644 126,144
W.J'rsey&Sea'e February
December.
110,220
92,855; 1,295,5891 1,151,638
W.V.Cen &Pltt.
February
140,160!
109,397
52,187
67,496
Western of Ala..
884,226
65,000
928,591
West.N.Y.&Pa. 2(1 wk Apr.
68,400|
438,419
32,133
589.7481
Wheel. &L. Erie 3dwk Apr.
34,557!
202,309
13,955
240,900
14.9241
Clev.C.<fe8o.. 3dwk Apr.
SdwkApr.
640,728
49,4811
46,088i
828,455
Total
109,636 121,69l! 1,473.970 1,422,602
Wisconsin Cent. 3dwk Apr.
16,851
9,157
29,298{
14.170
WrlghtBv.&T'n. February
385,620 408.732 1,311,056 1,172,918
Yazoo&Mlss. V. March
9,378
6,923
4,282
11,709
York Southern.. February.!
.
'/
.
.
.
.
834,657
553,087
7,018,379
550,400
161,689
1,143,452
987.500
597,545
12.W42
184,735
1,278.990
412,510
73,812
63,072
483.156
274,429
122,646
4,746,262
4,380,657
29,105
.
.
.
.
.
for March are for the railroad only.
} Mexican currency.
5 Covers results of lines directly operated east of Pittsburg
F**^.?"
Includes Chesapeake A Ohio So'western, Ohio Valley and Chicago and Texas for both years. Results on Yazoo Branch exoluaod In 1899.
Does
not
Include
the
Austin
*
& Northwestern, the San Antonio & Aransas Pass or Houflton & Texas Central system.
c BesultB on Montgomery Division are Included
1900, but not for 1899,
!
t
m
—
....
April
THE CHRONICLE.
28, 1900.]
Latest Gross Earnings b? Weeks.—The latest weekly earnings in the foregoing are separately summed up as follows:
For the third week of April our preliminary state aaent
covers 52 roads and shows 9"77 per cent increase in the
aggregate over the same week last year.
3d week of April.
1900.
«
Alabama
Gt. Soutbern.
Bait. & Ohio Southwest.
BaSalo Roch. & Fittab'K.
Canadian Paoiflo
Central of Oeorida
Chattanooga Sonthern..
Chicago & East. Illiuois.
Cblc. Great Western
Ohio. Ind'nlls & Louisv..
Chlcasro Milw. & 8t. Pan)
Oln. N. Oris. & Tex. Pao..
Clev. Lorain & Wheel'g..
Denver A Klo Grande...
EvansY. <3t Indlanapollfl.
Evansv. & Terre Haute
©rand Trunk.
Det. Gd. H.
Hocking Valley
&M
& Qt.
No..
Central.......
-..>>..
Xnternatlonal
Iowa
Kanawha &
Michigan...
Kansaa City & Omaha
Louisv. Evans. <k St. L..
Louisville Hend. &8t. L..
Louisv. & Nashville
Mexican Central
Mexican National
Kinneapolls & St. Louie
Minn. St. P. & 8. 8te. M.
Ko. Kansas & Texas
Mo. Pacific, Iron Mt.
...
Central Branch
N. Y. Ontario & Western
Worfolk & Western
Peoria Dec. <b Eyansv..
Plttsb. Bess,
133,696
104,104
575.000
91.072
1,898
1.703
104,176
116,829
78.492
718,511
89.116
91.669
101,616
70.032
640,854
74,689
35.401
175,200
6.477
26,084
382,148
64.229
82,076
33,799
10.909
4.106
32.071
10,599
449,726
280,971
125,249
42,708
76,131
195.341
30 8 =-9
Aim Arbor
.fe
L. Erie...
Pittsburg & Western
Rio Grande Southern....
Klo Grande Western
Bt. Joseph & Gd. Island.
Bt. Louis & San Fran..
Bt. Louis Southwestern..
Bonthern Railway
& Paoltlo
Toledo & Ohio Central...
Toledo Peoria & West'n.
Tol. 8t. L. & Kan. City..
Wabash
Wheeling & Lake Erie...
Clevel'd Canton & So..
Texas
Wlsoonsin Central........
Total (52 roads)
Inereate.
9
30,653
82,417
129.852
81,664
502.000
88.888
25,638
.
1899.
42.951
174.600
6 358
27,424
424,859
105.895
66.417
35,581
14.452
3.288
44,603
14,426
498,260
335,312
158.562
42,489
95,699
212.782
436.000
19.000
$
5.015
1,558
3,844
22,440
73.000
2,184
314.152
34,557
14,924
109,635
6,887,720
6,274,581
22 245
144,316
102.600
533.296
123.055
47.456
17,833
29,46t*
195
12,507
15.21;^
-•••>->•
600
119
1.340
42.711
41.666
15.659
1,782
3,543
818
_.
i2,5'32
3,827
48,535
54.341
33,313
,
219
19,568
17,441
-465,C00
17,000
88.186
249.045
15.636
13,421
60.683
9.769
61,800
22.440
142.776
95,400
496,415
133,399
33,710
14,834
35,276
272,751
32,133
13,955
121,691
87,360
265,031
16.044
17.296
75,788
9,814
93.700
Roads,
Cent, of Georgia. a Mar.
.Tan. 1 to Mar. 31....
July 1 to Mar. 31....
Central New En g... Mar.
Jan. 1 to Mar. 31....
July 1 to Mar. 31....
Cent.of N.Jerspv.a.Mar.
Jan. Ito Mar. 31
Decrease.
2,000
826
15.986
1.308
3,875
15,105
'
fr9»a
W«st of Pitts *E.Mar.
5.807
*•*• aas*
96y
12,056
82.216
For the second week of April our final statement covers
shows 13'38 per cent increase in the aggregate
70 roads, and
over the same
2d week
week
last year.
of April.
Previously rep'd (SSr'ds)
Burl. Oed. Ran. & North
Chattanooga Southern.
.
&
8t. L..
Clev. Cln. Chic.
DiQuth 80. Shore & At...
& Alabama
..',
Grand Trunk Det. Gr.Hav. & Mllw.
Oeoreia
.
s
Gulf Beaum't & Kan. C.
K«n. City Ft. 8. & Mem.
Kan. C. Mem. & Blrm
Kansas City & Omaha...
Louisv. Evansv. & St. L.
Louisville Hend. & 8t. L.
Kortharn Paciho
.....
Pere Marquette
Santa Fe Pres. & Phoenix.
Texas Central
Total (70 roads)
Net increase (13-28
1900.
1899.
»
S
Increase.
$
769,565
10,893
267
34,803
6,247,693
79.085
68,172
1,630
1,363
314.281
279,478
51.777
43,641
20.251
20,488
6,967.844
463.335
6.369
106.651
33 357
8,136
150.093
19,317
5,086
8,832,891
7,797.542
553 850
~.
n, o.^
9
49,414
--
.... -..
237
401,318
6,157
76,163
23,388
4,106
31,329
11,079
428,056
135,478
15.394
4,239
6,149
41,435
12.401
Decrease.
...*
62,017
212
30,188
9,969
2,043
10,106
1,322
125,794
14,615
3,923
Tear.
Roods.
Allegheny Valley.b.Mar.
Jan. 1 to Mar. 31....
Ann Arbor. b
Feb.
Jan. 1 to Feb. 28
Atoh. Top. & 8. Fe. b Mar.
Jan. 1 to Mar. 31
July 1 to Mar. 31
BosTou Rev. B (fc Lynu—
Jan. 1 to Mar. 31
Buftaio Gas Co.
Mar.
Jan. 1 to Mar. 31
Oct. 1 to Mar. 31....
Bull R. & Plttli s b Mar.
Jan. 1 to Mar. 31....
July 1 to Mar. 31
Bnfl)Uod> B'squeb.a Mar.
Jan. 1 to Mar. 31....
July Ito Mar. 31....
.
.
Tear.
49,651
438,243
1,210,249
3,488,320
47.568
155.649
584,957
50,376
328,441
687,050
2,892,531
66.887
lfc9,427
584,253
This
is
R <pids &
Interest Charges and Surplus.— The following roads, in
addition to their gross and net earnings given in the foregoing, also report charges for interest, &c., with the surplus
above or deficit below those charges.
Int., rentals, etc.
^Bal. of Net Earn' s,->
.
>
.
Tear.
Tear.
9
$
9
$
100,761
89,904
254,594
276,955
247,324
215.046
665,379
7S5.252
20,621
41,082
112,004
130,158
61,577
83,430
273,369
236,211
3,869,137 3,361,813 [1,632,335 tl,104,869
.1,061,791 9.549.905 4,444,135 2,895,666
14,593.991 30,637,538 tl3786817 19,284,948
65,935
the total of the old Chicago & West Michigan, Detroit
Western and Flint ite Pere Marquette.
t For March, 1900, taxes and rentals amounted to $151,284, against
$139,202, and from July 1 to Mar. 31, Sl,as4,439, against $i ,2 2,490,
after deducting which net for March, 1900, was $l,4'^l,0-)i, against
#965,667. From July 1 to March 31. 1900. net after deducting taxes
and rentals is $12,402,378, against $8,012,458.
*
Grand
Net Earnings Monthly to Latest Dates.— The table following shows the gross and net earnings of Steam railroads
reported this week. A full detailed statement, including all
roads from which monthly returns can be obtained, is given
once a month in these columns, and the latest statement of
this kind will be found in the Chronicle of April 21, 1900.
The next will appear in the issue of May 19, 1900.
Net Eai'nings.
—Oross Earnings.
Current Previous
Current Frevwus
>
2,582
2a,793
100,731
204.032
202,526
511,666
1,391,703
15,082
61,ob3
297,845
608,100
Inc.2,286,600
Phlla. A Reading. b. Mar. 2,091,412 1,879,643
Jan. 1 to Mar. 31.... 6.200,166 5,244,960
Jvdy Ito Mar. 31. ...19,941,943 17,239.447
Co-il Alronrio.h.Mar.
1,718,604 1,851,266
Jan. Ito Mar. 31
5,640,060 6,166.235
July Ito Mar. 31. ...22,296,993 18,487,612
Total both Co.'s.bMar. 3,810,016 3,730,909
Jan. 1 to Mar. 31
11,840.226 11,411,195
July Ito Mar. 31. ...42,238,936 35,727,059
Reading Co. b
Mar.
July Ito Mar. 31
Total all Comn's.b Mar.
July 1 to Mar. 31
Pitts. C. C. & 8t. L.a.Mar.
1,639,094 1,346,737
Jan. 1 to Mar. 31
4,809,976 4,007.039
Pitta. Ohar. & Y'h'.y.Feb.
13,411
8,361
Jan. 1 to Feb. 28....
29,^29
16,892
Bt. Louis* San Pr.b.Mar.
626,261
677,326
Jan. Ito Mar. 31.... 1,936,232 1,752.966
July Ito Mar. 31..,. 6,090,686 5,459,343
Texas Central. a. ...Feb.
29,232
22.545
Jan. 1 to Feb. 2y...
63,084
56,C17
Xoledo AO.Oent.a.Mar.
179,407
149,688
Jan. 1 to Mar. 3
557,855
418,f65
July 1 to Mar. 31... 1,702,462 1,417,014
Wheel. & Lake Erie.Mar.
243.499
Jan. 1 to Mar. 31...,
675,243
July 1 to Mar. 31..., 2,001,438
Wisoonsin Central bMar.
431,583
429,297
Jan. 1 10 Mar. 31.... 1,160,016 1,099.931
July 1 tOiMar. 31.... 4,197,372 3,718,498
1.637,722
3.667,120
Inc.
86,800
Inc.
534,100
610,.549
704,008
1,938.649 1,883,475
7,313,818 7,138,603
10,212 def.6,425
283,294
198,442
1,798,425 1,002,180
620,761
697,583
2,221.943 2,081.917
9,112,243 8,140,783
9,646
12,736
163,146
143,461
630,407
710,319
9,276,389 8,284,244
370,922
323,613
1,191,531 1,021,363
4,196
2,685
11,608
6,396
267,667
232,141
734,3 20
621,901
2,536,853 2,156,345
8,670
6,442
22,324
22,824
46,650
47,924
161.-59
97,446
540,352
370,614
71,562
146,284
586,463
108,315
184,096
283,892
S82.517
1,546,828 1,497,0 Jl
a Net earnings here given are after deducting taxes.
b Net earnlngB here given are before deduotlnsr taxes
847
1,085,000
1.035.349
Inc.
2,092,722
5,726,320
Jan. 1 to Mar. 3 1..-.
13,746
2.999
695,355
613,139
204 384
566, «14
156,295
444,093
1,668,590 1,616,199
4=i,631
6,201
21,553
145,977
26,193
48,940
538,033
496.366
117,130
162,979
1,143,823 1,247,500
401,859
495,-07
3,537,197 3,207,756 1,338,674 1,144,777
1P9,789
Chic. * East. 111. h.. Mar.
456,696
401,533
186,423
.T.an. 1 to Mar. 3l....
1.351,770 1,161,615
626.975
543,873
July 1 to Mar. 31.... 4,032,269 3.525,602 1,897,718 1,654,075
Ghlo. Gt. West'n. b. Mar.
599,925
530.245
203,612
187.912
Jan. I to Mar. 31.... 1,644,455 1,429.727
491,067
4? 3,690
JiUy 1 to Mar. 31.... 5,138,009 4,401,674 1,743,242 1.491,337
Ohio. M. &8t. P.»i..Mar. 3,427,821 3,133,730 1,188,401 1,210,257
J.an. Ito Mar. 31.... 9,506,375
8,6.57,957 2,960,482 2,998,743
July Ito Mar. 31. ...32,092,724 28,988,305 11,128,534 11,505,983
Oin. N. O. & Tex. P. a Mar.
444,314
370.918
111.999
130,562
1. 967,049 1,0.==
.Ian. 1 to Mar. 31
029
309,039
338.819
July 1 to Mar. 31.... 3,872,323 3,520,782 1,114.285 1,204,478
a». '*<>uth. & Fla.a.Mar.
109,069
80,530
22,580
20,425
Jan. 1 to Mar. 3i
319,753
222.751
72,539
54,243
July 1 to Mar. 31....
905,651
709,313
255,468
203,341
Hocking Vallev.a..Mar.
366,568
231,223
144.680
70.509
J.an. 1 to Mar. 31
1,053,131
660,320
413,328
173,596
July 1 to Mar. 31
3,195,870 2,099,475 1,294.595
652,537
Kanawha & Mioh.a.Mar.
66,202
50,472
12,947
6,478
Jan. 1 to Mar. 31
194,413
150,811
39,1,57
26,349
July 1 to Mar. 31....
557.186
461,327
113,230
113,264
Lehleh Valley RR aMar. 1,980,232 1,755,009
182,651
319,385
Jan. 1 to Mar. 31.... 5,869,854 4,745,320
605,285
431,478
Dec. 1 to Mar. 31
7,957.247 6,642,782 1,013,242
782.168
Lehigh V. Coal Co.aMar. 1,282,697 1,343,388 df. 76,283 df. 38,050
Jan. Ito Mar.
4,150,466 4,380,657 df. 230,717 df. 164,073
Dec. 1 to Mar. 31.... 5,976,532 6,163,247 df. 204,508 df. 246,378
N. Y. '>nt. & Wpst.aMar.
365,9S0
402,018
97,453
142.005
Jan. I to Mar. 31.... 1,112,801 1,024,574
311,269
329,808
July Ito Mar. 31.... 3.791,215 3,170,219 1,224,704
996,968
Pere ivt liquet re. a .Feb.
*486,892
677,492
*68,209
112,392
Jan. Ito Feb. 28.... 1,173,824 '1,000,602
'^ISO.SSS
240,593
-••.
10,344
Net Increase (9-77 P.O..
526.954
1,484,045
4,637,748
61,341
157,588
Lines directly operated
East of Pitts .fe E.Mar. 7,014,932 5,820,932
Jan. 1 to Mar. 31.. ..19,592,537 15,701,937
195
..
•••. .-.
Tear.
.
Previous
Tear.
Pennsylvania-
45
31,900
41,401
2,424
582,322
1.702,186
4,869,593
Current
m
29,000
1,540
7.200
36.881
— Net Earnings.
^
Oross Earnings.
Current Previous
Tear.
Tear.
,
<*
8.460
77,657
14,427
7,450
837
746
113,915
290,874
996,855
20,455
61,385
186,213
Roads.
Boston Rev. B. &
Jan.
.
Current
Previous
Current
Previous
Tear.
Tear.
Tear.
Tear.
$
$
$
Lynn-
to M.ar. 31
13,682
112,206
Central
12,691
July 1 to Mar. 31....
113,006
Chir< <V E. IDlnois. Mar.
125,034
July 1 to Mar. 31..., 1,147,072
Hocking Valley
Mar.
67,502
July 1 to Mar. 31
641,373
Kanawha & Mich... Mar.
9,829
July 1 to Mar. 31
80.449
Peie Marquette ..Feb.
110,292
Jan. 1 to Feb. 28
2x7,532
1
$
& Pitts.. Mar.
New En g... Mar.
Bufl. Koch.
12,109 def.11,100
87,595
90,320
12,586 def.6,490
97.739
4,124
*87.747
128,764
*927,767
1,145,675
77,178
39,657
•790,900
*3,685
9,005
'37,881
80,680
104.889
2,100
23,061
209,946
def.11,363
26,320
8,967
65,240
^66,902
"652,908
30,852
*def.l.960
*37,684
def.36,680
dtf. 59,093
Philadelphia & ReadingAll nompanies
Mar.
770,000
6,954,000
Pitts. C. C. & St. L. Mar.
301,652
Jan, 1 to Mar. 31.,..
875,385
July Ito Mar.
31'....
756,154 df.139.593 def.45,835
6,805,389 2,321,389 1,478,855
275,403
69,270
48,210
806,264
316,146
215,099
.
THE CHRONICLE.
H38
Ourrrnl
Miir.
to Miir, ill...
I
M3.R27
*n,975
;i(H.Hftr«
^JOH.dll
*240,77«l
'85,880
65.542
H r,2«H
i
1
.15:).(M
HTIIKKT lUIl.WAYH
.1.1 Ji,
)nri«)(l ol' nil
H'l'liicir.'i'
Oolorailo 8p'«K R.
iiioiiMily
t (ilii wi'ordv or
for
<••<'
hWmw roadH— Mini,
IIh< Hinnn iiM l.hiil
tnl.li'
llmMworoluiiiMHof llKiin-«Kivo Mio khwh niTninKH
111
inoiiMi.niiil Mio
IivI«mI> vv.tI. oi
l.-iHt
I
from JHriunry
r ilio oiil.'iMlitf v'l'r
wo coliiirinH
1
<4noi<«ii
InAUNINON,
We«k»rMo
AIIakIk Hy
rowor.
.1
Uy
Illiiuliitiiilon Ml.
J»rlilKO»>«»i
llr'Ulvn
III.
IM
11
volt
1..T1. *!«».!
...
Mui-olt. ...
H.l4t>
11, I'd.'-'
4 0(tO
i».77^
:I2,753
108 H07
ii,(
52,88
1
1
509
50.2 It
(S.HOl
8.951
5..'»5rt
07,0 so
94
aii.'ji 1
23 341
aa.4l4
7.709
•27.S77
10.419
ul.;^7.^
.
.
1S.71M
14.884
Ool.
601.317
59.82
'1O..V49
23.2 iO
12.791
127,412
fll.l55
a 17.989
202,622
.lAittiitry
INMivl
<V»m»l.
..
a09,17< 18;'.820
209.176
183,8
U9
392.^0'
80 591
»v^.97
20.217
12 034
3.412
23.530
rtf
N.Mtli
,\(i\( \»Mn»,.
Joh»\i«lo>> n r:«i>s. Ky.
13,784
Mi».r»Mv
V\ brtt»ry
Ktitiiolon <"n> K.y
.. MrivU
.lattttRvy
l.<»l»»«uo\\ \ )»l.8U Ivy.
.
.
MrttvU
XMwik Uimwrt> (t>IUo^ Mi«vlt
K:'U\V)»y
.".
.
.Ii»nn*ry ..
l-VUnti»ry
WlMtiary
.':u\\i;»ry
.
4.0.M
9.621
4,0t6
4,44.^
3,41-;
S-iiO.*-
8.'.2t>9
25
3.6:";
S.610
10 871
T.999
ti,
ia.(V54
5.1351
15.S4S
.Sl5.4l>i
.
11.
4
74?!
667
.^4t.>.4
.^.444
4.721
.\S81
9.<> S
Mis;
17.11^
16.799
6..^(^.«
25 60-
2 5H>9|
U
:4..^2.5
ll.i,-iS
9 64-
l.ls^6,
1
ii»ty
V. 4-.v\
l(v
.^'rl
for several years,
1897.
1,956
1896.
1.870
$
10,369,349
74^9.; 31
Total eiamlns*-- 15.602.065
13,558.966
12,845.S1S
M,.nt of «aT,C»e .. 2.013.576
of esimiMMBt. 1,8.^3.875
2.c">99.S4S
l,753,7tJ3
954,771
1.460. 1 1<
1,610.422
4.803.544
l,-;OS.196
2,77».944
11,981.273
S40.S48
M.<)'TiT.
and trafic. 5,764.811
Towa
e.
6i7,149
10.208,020
4.888.5*1
712,8 ;4
10,402,970
9.161,432
S.S29.472
6.744.273
^67^421
(68-73)
i66-07)
mhM©
earos.
(66-6S)
e.arn (Mex. car.i 5.199.095
of
7. 646,2'-
T91.70S
n«r*l
-:;'
651.44,5
S46
3,463.747
1,957,483
1341,516
* The aTieract pric* r;
;i ex. dollars in U. S.
18^, 48-41 OMDI*; ta 15^8. ««6^, ia l$d7, 4S-S4> In ISi^ 5»17: te
15^*^5, i-i-.'S; in 18i^ 51 87.
S.'.k.si
4.427 .5S 4
4,0
1
6.
^dw«Kla
4,737
U-'O
ixcoiME Aoooryr
18^9.
(r. s. ct:xs.Ejrcr).
1898.
$
9
$
t
187,110
1.9S7.4SS
97aV57
1.841.S1C
155.941
".4.0-1
2.-:>05,662
2,a<54^j}0
1.997.457
,;..-k.^i^.22s
•2.S78,6iK^
145.648
258,052
19* .867
159^55
^^-,. i.604.S7S
£.616.652
i..'>"i.*67
i.48v'i.46S
snr.99.Ti>? 5rf.4l0,990 dftI..'vS8P«7
dft!.4!t.<l.011
-~
,.>
l)^91.^
18»C
1S97.
2.052.804
142.858
'2,51«.961
*A.
580,
1.934,613
^ ^t
6s»5o!
page
$
~
.
24,
2,257.328
9,861,995
726.4-5
ri)ii$p'a
d7v6«>l
March
$
I.i5(^l
i-'i
227,992
2,469.'iS6
s.l.^;
V
statistics
1S9S.
1.956
$
;
* <*vM
3.484
3,974
6,424
15.350
167,697
3,711
8.991
3.854
23,715
10.463
31,389
21,661
51.784
466.398
KXrEXSKS IMKXICAX CrBREXCTI.
2,016
operated.
...t
427.7 ^
4.80.'
v.infts
8 ^.V^
S.\6!iK>
.^..•-40
Av<^r
14,S.>6
46<i.74>
(1.0-
«5
E.VK>'lNaS .\>D
862 8 S
3i6 8v6
or.
4,iV^6
4.311
7,858
23,825
15.344
39,683
148,251
67,134
173,694
634,095
form for the Chrosicle, are as follows:
usnjil
1S99.
46M JWW.047
;J»>
'V>
.-v\«-
15.605
46.149
136.701
.
—The comp.*irative
3
.9.-HV845
SS5
lar 212 laS T54
...xlt
5r<jfwfJ0.s.
compiled in the
•0
7(U1
il«T*.<W
v\h
ivit
14,883
43,024
127,891
4,864
15,030
34,849
14.337
44.664
166,384
82,814
220,484
728,682
Mexican Central Railway.
^Report for the year ending Dec, SI, 1S99.)
On pasres S45 to S49 are published the remarks of Preaideut Robinson from the report for 1S99, together with tables
of the y«?ai's business, the balance sheet, etc.
.)-.)
- --
oh...,
353.(^41
.innnnl Keportsi.— Last index, see issue
31
.^
265
46
ANNUAL REPORl'S.
10..^ 5.
(^,7(?0
:(?o
11,9
280
I
4.^4.^l
10
314
412
•
34.906
12 (>S5|
r.si
2,863
5,472
5.047
10,377
77,472
2,481
6,754
1,087
3,11s
5,613
1,822
4,554
$
Olty Tramw Mar.
Trao. (rttta.lMar.
.luUv 1 to Mar. 31....
"l0,849
10.0(57
21 ,485
—
11,850
84.934
30,580
59.0f9
500,690
tlult...1
18.186
76,170
9,005
9.'>4
1,174,295
—
)ei\\ "r
48,75..
8.74
3,947
35,363
2.597
5.365
2,514
5,645
28,085
1
RoiUi.i.
0l
.59
83,177
...
A.tl»nra Uv. * Tow. Mar.
.Ian. 1 to -Ntar. SI....
55.1 2.?
7a.{<3;>
4.o^.')
31
Mar. 31.... 1,321,147
U
H,>unt,»\ I'lo.x Ml. ll,v.
lutivnuM't VrrtvM.lOU
$^<
to Mar.
1
1 to
15
326,274
148,000
416,470
,
23,. 41
35s>.S5('
54.'.4
:{3,730
98,."*
9
15.561
43,925
2.778
6,650
4.709
11.104
34,434
101,051
10,956
28,893
93,745
1,080
5,599
8951
23.104
94,861
268.462
17.779
48.753
163,113
15,920
34.908
3,610
10.352
17,400
11,935
24,877
2,909
8,607
40,191
111,468
326,806
11.445
30,232
67,433
32,079
87.288
292,006
127,395
Tear.
$
Intorest Cliarg-es and Surplus.— The following Street
nulw.'iys. in addition to th^ir gross and net earnings given in
tho foregoing, also report charges for interest, &o., with the
surplus or dtMicit above or below those charges.
^Bat. of Net Eam$.s
Int., rental*, etc.
Current
Frevioua
Current Previont
Tear.
Tear.
Tear.
Tear.
14.850
's6.3'47
1.1,989
.Ian.
.Inly
268.4(52
6(MST
3.576
33.(99
17.779
to Mar. 31....
1 to INlar. 31
1
am toil Trao. (Pitts.) Mar.
19,460
23,10.
428.5 O
160.330
8t.
1 to
8ori*iiton R'ailway..Mar.
.Ian. 1 to Mar. 31
.Inly 1 to Mar. 31
425. ••96
12.418
15.920
ai tfS9
aft.o;is
K'Moil Kl.Ky. Maivh
".M<v
.laii.
147.934
4.793
27!'. S 5
2rt.a(?l
.•<(«
TrHUt..l''<'b.
28 ...
Kl(<l<i)ioud TrHe'ii...Mar.
8 531
87.5<'9
168.982
9 599
459 ^59
•22 029
32.130
216 541
18.39^
I
.
u r\i»(>tu>«, M»r*<U
UtMkliiiiM M<>hH>vk
.Ian.
3-,;«47
50,70:l
:^,^
74.74a
AlmoU
.
'
$
4.547
4a,84»
K«i«lon l\»t\i«i>l, Kl«0
K.si 1 ..\\lM Mo.Sl.Ky. .Iuiiti:n°y
l>o(\otmu>r,
V",\lr> Klooivtc M»H4»r
UVlu'tt»ry
«<rtl\«>i«l.<n «'lty
>
$
:<il\vk A\»r.
;W\vk Ajtr
.Irtimary
l,<<iftU\ St
Yfiir.
Tear.
Wi»yi«*«%
Hivllo ImIo
'IN>liil of »ll. ,,......
I>«l\iih Ht. Uy. .......
l»>t(MN(rtt«>
I're.ViOHi
Ymr.
Kio.oiia
)
ii>\>\n
OnrretU
...
Ry. Mar.
Mar. 31
.Inly 1 to Mar. 31 ...
New Orleans City Mar.
.I.in. 1 to Mar, 3>
Dale..
Ymr.
28
Vi>l>.
59.823
195,419
18,989
30,247
3.672
10,871
18,686
15,343
31.669
3,038
8,655
39.400
111,152
330,047
13,181
37.551
83,699
to Fob.
1
New London
LaleM
/'rep' ltd
M>,224
4 1 ;8
Muiolt
Uy.
tS»limil»im (O
I)«li,.V\V»<'M( HI, Uy. M.tivlt
Mitiolt.
..
|»(M»vi'r ri(v rnini.,
DonMolNon < Uy H.V- .Intttmry ..
;i<l\vk
Ai»r.
Ooti^ill «'li<'lin'«V,K.>,
;i(l\vli Apr
l>i>ln«l< Klo.v Hy
|i"(.
to
1,S ,SI!l
H.4(;i>
2,».^cl
(»,74H
rs8o.42i 57.^,^>4. l,«HH.035 l,690,,^95
25.512
30.2 1 ^
i;i,5<9
9.700
Mil. Kloc. Mnt'oli
glo'vpUtHl KloiMvUv, MRrolt
Mmolt.
OIpvp. rMhmv. .V Ifl.
l><>li-<tu
1
32,02
„!(> 4S9
4(! 541
2ti.9(i;i
I''i>l>fttiify
l>n«M>ml)Of 94-1, HO. H4S,,^43 ioov';ms2 9.844 388
Olili'rtuo Ihiloirriaoti. Mii.roli
iMitroli
..
(Ml). .<^ Mliinil \\\\
IM It foil
Olii. N.>«i>. .<^ 0«>v.
Olty li',li>o. (Uomc.Ua.) IMHt'Olt
<N>1 Hy'tin Ui«|>.'<'ri»iiN.
1 to
2i,3-;5
.
.Ian.
Vur'nl
i:io«:i
i\liiti<lt
TriM'llo"
I,
<'lil«'i«M<» -V
-
<'iiriiing!»
(,in<
6,801
19,460
11,965
32,130
97,080
279,815
Miir.
Mar.
Uv. (Oblo)
.Ian. 1 to Mar. 31...
Nov. 1 to Mar. 31....
TllA(rri()N OOMI'ANIES,
4,828
38 I8»
Kolininr.v
i<»»r
.laii.
I.tiiix
to Jind iiicUnling smih
Jan.
tou.V,<
llu'
for 1,hc
LoH AtiKeles
HAM.WAYH AND
HTIIIOIOT
\
i.s.
T
1
ninth Street Ky.. Mar.
.Tail. 1 to Mar. 31
.Iitly 1 to Mar. 31
QalvoHion CItv Ry. l<'('b.
wiMih or luoiiMi.
IttioHl.
Hi»i
I'ltoHl
wiiiiili we .ire Jibio Ui <)»'\\w iiiniiiKi'HKMit of Mie
roiuiiiH.
for Mio
8.140
22,6'i!9
to M.'ir. 31
Oe"v«r (Mty Tr'iiiw Mar.
.liiii.
1 to Mar. 31
.Jim.
(/rov.-i (•.•uiiiiiKH
ruilwnyn from
1 to Mar. HI
Tear.
$
32,753
87,509
A
AND TIIACTION OOMI'ANIEM.
'I'ho liilluwiiiK rnl.li'MlidWH tim
Ry &Pob.l\Iar,
Net Eamingt.
.
Current Previon$
<
Previou$
Tear.
*
38.183
106.867
Olttv. I'alncHv.
E. INIar.
.1(111.
1 to Mar. 31
*4:)9,403
377,855
:i'
Atlii'ta
rnonJvod.
Aft^^r lillovrlnK fori»th«r Iiioohih
*
,
£ocul$.
:ifl.(K)2
Wli«'OiiMlii(!nitiiH.i
Miir.
.hily 1 to Mar, :il...
•
Tear.
%
%
.T/HM
TolAtnAOhlorrti.
Oumnt
Ytur.
Yf.wr.
%
%
— Oroat Bamingt. —
rrrmouH
(Janr.nl
I'rr.rlouii
Vr.ar.
Yrar.
Uoarlt.
[Vol, T,XX.
^Bal.ofNfA Karningt.-^
~lnl., Hf.nlaln. <««.—
.filly
9
.
.
.
.
.
s<*".".'s.
\>»fh«^
477.947
49.££,<5
5.V-
.^
Jtt-
.
*fl..2£8
6:vn.ftX>
snr.e6>57 6B-.lll.OSi:
ofti.£i.-ss
S.JLi.
Jl^l> _1«38*
1899.
j
•tfn.14?
-*,-.
li»S.
IS?-
$
$
142„M6,617 141,«Sa.*81
:S96.
$
:iy> «-l..(t99
'>.:.Tr-^:..N
a9«.$87
^ I
VAaMM
s.s»4A.rM
•^^?6.^i
$s646iiJlS
9..^~."^.£.-l
ry Banc
n$£:ii.
Tficali
..,l$-,460 8*f
..'^*
VSK,»6fi,64S
l.<«*
.
April
THE CHKONICLK
28, 1900.]
1897.
1898.
1899.
1896.
9
$
LiabilUita—
Stock
47,940,100
Bonds
96.476,n2
(see 8DPr.)..
47.940.100 47.015,100
94,997,412 95,051,713
47.909,100
94,016,312
Ooiipona A iiocrned
V'oh'H,
1.280,015
1,100,000
1,287.330
1,21 1.020
1,89IS,000
l,«(>ft.000
1,000,000
974.404
S,3n0.265
225,30 i
50.000
226,000
725,387
8,349 4H9
58.418
50,000
175,777
499.749
8,752,699
7'JJ.438
9,47S.9t>«
1,324.560
liabilities
Notes
pay r'&aoo's
Mex. Uov. mbsldy..
EqHlpiiient fund.
..
CauoHled boud aco't
Income aooouut
21,234
111,053
Allcghony Valley Railway.
(Report for year ending Dec. 31, 1S99.)
President W. H. Barnes saj'a in part
During the vear real estate was purchased at Pitt«burg, and Improved to furnish Increased ternilual taoUltles for the t>xchanj;eof
with the Pennsvlvania KK. sy8t«>m. east and west of Pittsburg,
tratlio
at 11 cost of *1 10,691 72: real estate at local stations for addltlouul
station lmprovementi>, costing $10,746; new equipment- cars ami
locomotives— costing $62,321. A new steel bridge of three spaus was
built at Ki^khnlnetas .Tunotlon, the total cost being $132,349. Ninety
new freight oars and 3 passenger cars and 6 locomotives were added
to the equipment. The property has in all respects been mftlutalned
to its best etliclency; 4.786 tons of 85-pound steel rails, and 140.808
cross ties have be» h placed In the track.
To provide for those Important outlays, and for like engagements
early in 1900, there has beep sold to the Pennsylvania RR. Co. 8,902
shares of your preferred capital stock, at par, $l4,'i.'200.
Contracts have been made for four Baldwin locomotive*. Ave passenger cars, 100 box cars, 150 gondola cars, with the addition of 50
Rondola oars being built at your Verona shops, for delivery early in
1900.
Earnings and balance
et
1899.
slif
Earnings—
have been as follows:
18^6.
1897.
1898.
$
$
$
$
627.292
Passengers
741,228
Freight
2,331,362
Malt, express and mlsoel. 110,454
674.^68
1.899,293
95,585
625.418
1,827.(04
100.112
1.618,378
95.94 2
Total
3,183,044
Expeutes
Maiut. of wavifestruot'rs. 611,295
Malnt of equipment
409,092
Conducting transporta'u. 994,651
General...,
62.281
1.669,416
2.553,134
2.341,612
367,737
330,347
795,444
59.469
366,534
315.408
740,130
56,195
403,414
Total
Net earnings
2.077,319
1,105,724
1,170
1,552,997
1,116,449
1,661
1,478,267
1,074,869
1.509,104
832.508
1,106,894
1,118.110
1,074,869
832.508
Total income
319.3r'2
728.762
57,f>36
Deduct—
Taxes
103.245
970,918
7,468
Interest on bonds
Miscellaneous
64,411
991,748
24,122
839
in the annual report regarding
equipment charged-o(T and
destroyed and new equipment purchased do not fairly indicate the transition that has been quietly taking place. Anthracite coal, which fiunished about 50 per cent of total
trartic in 1893, ulthougli showing an ii creaso in 1899,
aniouiitf d to Ites than 40 per cent of the tonnage handled.
Tlie incivase in the average train load (notwi hstanding the
shorter haul) is the more noticeable as tte new equipment
was in use only during the last half of 1899."
detailed statement of the earnings and expenses is as
follows:
A
Total llabllities.157,460,846 154,684,610 156,282,644 154,391.100
—V. 70, p. 480, 427.
Otherlncome
J
.
:
56,331
978,768
40.208
65,070
988.949
6,879
EARNINGS AND BXrENSBS.
1899.
1898.
$3,245,741
ll,59o,707
275,560
473,190
$2,992,445
9.5 6,240
288,989
389,698
$15,591,198
$13,167,270
Earnings—
Passenger earnings
Freight and coal
Mall and express
Other
Total gross earnings
Expenses—
Conuuctlng transportation
$4,237,503
583.987)
1,017,8005
991.158
594,952)
Maliiteuanoe locomotives
Maintenance oars
Maintenance way
(General expenses
Taxes
1
,
N. Y. &L. B. RR
Sea-going tugs and barges, ferries and
water routes, coal shipping.
439.060
$3,720,230
1,198.635
875,548
922,084
427,700
1,121,658
924,117
S5><,926
S
Operating expenses
$9,344,949
$8,069,313
$6,246,249
$5,118,957
"The amount expended for maintenance of equipment and
maintenance of way is ample to guarantee the integrity of
the net earnings shown for the year [15:99]."— V. 70, p. 378.
Net earnings
& Lake
Erie Railroad.
(^Report for the fiscal year ending Dec. 31, 1S99.J
The annual reports show results as follows:
KARNINO.S AND B.\PENSES.
Pittsburg
1899.
1898.
1897.
$
706.053
$
624 C83
$
544.782
558,622
5,089,531
79,687
4,363,420
83,873
4,0S6,6.^6
3,8fcO,ii79
85,268
82,720
Total earnings
5,875,271
Oper. expenses & taxes.. .4,290,129
5.071.376
3,698,985
4,666.686
3,224,693
4,501,421
3,117,340
Net earnings
1.585,142
Perct of exps.toearns... (7302)
Otherlncome
17.782
1,382,391
1,441,^93
1.384,081
Earnings from—
Passengers.
Freight
Mail, express, etc
Total
1,602.924
1896.
$
25,220
(6910)
15,920
1,407,611
1,457,913
1,423,581
220,000
10.433
469,898
220,000
14,871
469,393
220.000
0)
618
400,000
(7i!-74)
(69^.^6)
39,500
Dediict-
Total.
Balance
.
1,081,631 1,070,281 1,074.297
1,050,897
sur.571 def.218,S89
8ur.25,263 8ur.47,S29
OBNKR.^L n.VLANCE SHK KT DKCEMBER 31, 1899.
Dr.
Cost of road
$41,360,024
Cost of pquipiueut
l.S0a,853
Costof Puts. Tcr.prop.
679,882
Stocksof other COS....
Cash
Material on hand
Due by railroad cos...
41.653
293.467
244,386
104,438
Agents undconducf s,
ludMduals. ifeo
Prottt and loss
58.4-<l
Total
—V.
Or.
Common
$10 544.200
stock
Preferred stock
17 .174,398
16 695,8 41
Real estate morts
510,747
Unpaid int. and coups.
25.080
Interest accrued
274.858
Pay rolls ami vouchers
296.488
Bonded debt
Due railroad com-
80,041
pany's agents,
125,265
ifec...
977,654
$45,646,880
Total
$45,646,980
69, p. 177.
Lake Erie & ^Vestern Rnilroail.
^Statemciii for the year ending Dec. SI, 1S99.J
Tiie company reports for the year ending Dae. 31
:
1899.
Gross earnings
$3,904,177
Operatlui; expenses. 2,110.812
Net earnings
Deduct -Taxes
1398.
1897.
1S96.
$3,467,378
2.002,685
$3,439,397
1,976,115
$3,344,274
1.917,259
$1,464,693 $1,463,282 $1,427,015
193,030
187.110
187,410
44.342
42,670
41,725
41,798
543.760
609,725
471,708
492,500
125.01X)
125.0(0
105.000
125.000
(3\) 444.000 (5)592,000 (5) 592,000
$1,793,365
196. •<79
Rental of tracks....
ou bo rts..
No. Ohio int. guar
Dividends.
Int<»rest
. .
Balance, surplus.
$150,268
$24,647
$9,369
Of the surplus shown above for 1890. there was expended
daring the year $703,349, as follows
For new equipment,
$543,417; for automatic couolers and airbrakes, §31.3 »3: for
new bridges and otber additions and betterments, $128,439;
leaving a net surplus for 18J9 of $201.144.— V. 70, p. 76.
$904,394
Rentals
Half protlt
McK. A
p.
RK. pd. L.
Dividends
S.
&
M. So.
Freight.
1896
1898
1897
189S
1890
Tons
One
Mile.
1895. ...1,04 1.318,047
1896.... 1.023,219.0^0
1897....1.044.3'8,225
189R.... 1.0-5,(32,894
1899.. .1,312.435,542
5.734.510
6,053.480
6,742.620
7.874,200
9.879.529
Average Dintanee
ifauled.
89 Miles.
89
85
83
81
"
"
"
"
Coal
5,736.912
5.408.756
5,482,276
6,085.718
6,304,801
Train
Miles,
4,605,312
4.554.910
4,426,365
3.«i21.040
3,811,562
Total.
11.521.422
11.462. '36
12,224.896
12.959.918
16,1,^4329
Average Tons
Fer
'Train.
226
224
235
297
344
"These figures include bnsiness on New York & Long
Braiioh RR. and other Soutli Jersey lines. The statements
8,S75
472,072
21,441
469,656
Y.
.
629
..
400.000
400.000
1,453
400,000
Total
1.101,576 1,100.331 1,104,982 1,111,550
'501,348
363,031
312,031
307,291
"Tiierewere appropriated from the surplus of 1899: P. C. & Y.
sinking fuud, $6,855; Mah. State Line advances. $5,08;^; old accounts,
$2,894: new equipment, $420,000; surplus for year, $82,481.
CONDENSED BALANCE SHEET DECEMBER 31, 1899.
As.<!ets—
Liabilities—
Construction
$6,764,898 Capital stock
$4,000,000
Eq' ipmeut.
4,000,000
3,839,575 Mortgage bonds
Stock and bonds of
Real estate mort
162.500
other companies
325,228 Dlv. payable Jan.. •96.
200.000
Real estate
162.500 DueL. S.AM.S.Rv. Co.
628
Supplies on hand
403.057 UnpaM & accrued int.
148,200
Due bv agents
225.937 Due for wages, supCash on hand
210,336
plies, etc....
481.338
Current balances
48,623
463,560 Slnklns fuud
Incoiue account Dec.
31, 1899
3,353,801
Siirplus
Total
.$12,395,091
Total
$12,396,091
-V. 66, p. 808.
Chicago Edison Company.
{"Statement for the year ending Mar. 31, 1900.
Eai'nings. The income account makes the following showing for the years ending March 31:
—
:
Central Railroad of New Jersey.
fSupplementari/ Statevicnt for the i/ear ending D:e. SI, 1S99.J
The annual report was given in the Chronicle of Feb. 24,
19C0. page 378.
As supplementary thereto, the following
statistics have been furnished us:
TONS MOVED.
220.000
Interestou tionds
Int. on real estate mort...
1899-00.
1998-9.
1897-9.
$
$
$
1,954,876
1.214.620
1,661.863
1,548,608
98.-.338
943.934
812,390
?65,243
398.072
740.255
262,524
398,072
676.525
226,680
398.072
599,674
180.334
"7,518
397
149,075
79,659
51.773
21,822
Gross earnings
2,133,827
Operating expenses... 1,321,437
Net earnings...
Interest
Dividends
Balance, surplus.
GENERAL B.iLANCB SUBET MARCU
Assets-
1900.
1S99.
$
$
1896-7.
$
31.
1898.
$
1897.
$
Plant, real est. A fran.. 10.8 17,676
Works in progress, ma-
10,098,421
9,553,208
8,630,330
236.4^5
435.920
65,261
180.213
V 37,432
79,035
161,549
136.4 05
259567
86,827
197.799
206.541
11,655,342
10,595,153
10,061,151
9,171,075
Capital stock
5.971,100
Bonds niul debentures. 4. 909.000
16t>.0l6
Accts..)6; notes payable.
350.0CK)
4.975.900
4.808,000
332.462
51,092
290,000
44,000
182.773
101,-98
.11,555,342
10,595,153
terial, etc
Accts.,n'te8 reoelv.,&o.
Cash.
Total assets...,
Liabilities —
Open accounts
DepreciaMon
Insurance fund
Surplus account
Total
liabilities.
— V. 70, p. 40.
39,453
36,0(X»
4,975.9(0 4.975.900
4,458.(00 3,750,000
27.'»,213
131,066
17,842
200.000
240,000
VO,OiO
28 000
So. 039
76,267
10,061,151
9,171,075
J
:
JJ
J
THE CHRONICLE.
840
Electric Co. of Chicago.
("Report for the year ending Mar. 31, 1900.
annual statement is as follows
The
current and mercli. sales
Oper., repairs and renewals and gen. expense
$517,131
339,169
1899.
$390,* 65
260,999
Net income from all sources
Deduct interest on bonds
^'"^"'noo
124,992
$129,066
103,910
$52,969
$25,156
EarniDgs from
eleo.
Balance
Assets
BALANCE SHEET MARCH
31, 1900.
Liahilities
—
$5,000,000
2,500,000
199,178
Acot8.& notes payable.
11,233
Open accounts
78,125
Undivided profits
—V.
Bonds
$7,788,538
Total
$7,788,538
Total
—
Capital stock
Plants and francliises.. $7,643,682
46,961
Materials, etc
80,350
Accts. & notes receiv'e.
17,543
Cash
70, p. 635.
Liahilities—
Capital stock
Assets """
reo'ble.
Materials, etc
Miscellaneous
$1,000,000
414,521
515,ObO
$359,837
671,244 Debts
898.500 Profit and loss
$1,929,581
Total
$1,929,581
Total
Havana Commercial
Company.
$1,346,073
350,000
Liabilities
Assets—
ractorie8,warehou8es,
real est., mach'y,&c.$l7,943,069
$11,794,848
Total
Union Bag & Paper Company.
(Statement for year ending March 1, 1900.
The company hag issued a statement showing:
Net earnings
Do second
months
first six
six
$624,489
869,680
months
$l,4«4,ie9
577,500
Three quarterly dividends paid on preferred stock
Net surplus as in balance sheet
Deduct fourth Quarterly dividend on preferred, making
$916,669
192,500
Plantations,live stock,
utensils
Adv. on grow'g crops.
Accounts receivable .
Consignments
Insurance, &c
Stock on hand
463, ^OO
372,850
183,550
33,424
$22,880,959
Total
)
$22,860,959
Total
Mosler Safe Company of Boston.
(Balance Sheet of Dec. 31, 1899. J
This company, incorporated in New York, reports as
31, 1899:
Liabilities
Assets
$1,528,079
fol-
—
$258,740 Capital stock
Eeal estate
590.200 Bonds due July
Machinery, etc
351,570 Debts
Cash and debts rec'ble.
327,569 Surplus
Stock in process, etc...
Total
1,
$1,000,000
1905
270,000
172,683
85,396
Total
$1,528,079
New York
Electric Yehicle Transportation Co.
(Statement for year ending Dec. 31, 1899.
The company reports as follows for the late calendar year
Gross earnings, $156,568 operating expenses, $145,189 net
earning?, $ll,2'?9 other income, $28,290 total net income,
$39,670 patents, etc., $4,768 balance, $34,901.
BALANCE SHEET, DEC. 31, 1899.
:
;
;
;
;
;
;
Liabilities —
Assets
Property and equip
Letters patent
$410,989
80,000
Bills reoivable
427.935
Subscriptions, capital 21,149,180
Open accounts
23,669
Accounts receivable..
36,344
Cash
1,432,:^95
Office furniture
2,670
..
Materials
Total assets
—V. 70, p. 743, 689.
Capital stock
Accounts payable,
Taxes accrued
Surplus
$23,500,Q00
30,72
1,290
84,901
(
.$23,566,917
Assets—
AocouQte receivable
Cash
of
March
$g 509 935
.1
''."
1664113
84843
'
'...".
'.'"..."
,
1,
&
Shuttle.
1,
1900. J
1900, is as follows:
Liabilities
$365,125
333.080
195.006
264,045
955,931
Miscellaneous
.$2,113,188
—
Capital Stock
$1,650,000
463,188
Debts
Total
$2,113,188
-V. 69, p. 964.
GENERAL INVESTMENT NEWS.
RAILROADS. INCLUDING STREET ROADS.
Allegheny & Western Railway.— Z/isfed. — The New York
Stock Exchange has listed the company's $3,000,000 of first
mortgage 4 per cent guaranteed gold coupon bonds of 1998,
for $1,000 each, and $2,850,000 guaranteed capital stock.
Full particulars regarding the company and its securities,
etc., will be found on page 849, in the official statement made
The road is leased in perpetuity to the
to the Exchange.
Buffalo Rochester & Pittsburg Ry. Co., which guarantees
the principal and interest of the boads and 6 per cent per
annum on the stock. The text of the guaranty, as endorsed
on the securities, is given in thd aforesaid statement. V. 69,
—
p. 500.
Atlantic Coast Line RR. -Consolidation PZan.— The consolidation referred to last week, we are informed, provides for the issue of $20,000,000 of 5 ner cent preferred
stock, $20,000,000 of common stock and $3,000,000 of certificates of indebtedness. Stock of the old companies will be
exchanged as follows:
Will be exchanged for
Cert, of
Common
Pref.
stock
Stock.
Indebt.
Slock.
$100
of
Atlantic Coast Line of Virginia
$150
$150
Atlantic Coast Line of So. Carolina
150
150
Preferred stock
$i50
—
200
150
i 154*111
*38l'.S45
$11,794,848
200
50
officers are:
Walters, Michael Jenkins and Waldo
Newcomer, of Baltimore; Frederick W. Scott, of Richmond; D. W. Lassiter. of Petersburg; George Howard, of Tarboro, N. C; E. B. Borden,
of Goldsboro, N. C; J. W. Norwood and Donald Macrae, of Wilmington, N. C H B. Short, of Lake Waccamaw, N. C, and J. J. Lucas, of
Society Hill. S. C.
Oflicers— W. G. Elliott, President, Wilmington. N. C; H. Walters,
First Vice-President. Baltimore; Alexander Hamilton, Second VicePresident. Petersburg, Va.; C. S. Gadsden. Third Vice-President,
Charleston, 8. C; James F. Post, Sec. and Treas.- V. 70, p. 791.
Directors— B.
Steel Company
(Report for year ending March 1, 1900. J
President Wm. G. Park says in substance
" From the earnings 7 per cent has been paid on the preferred stock,
and a full year's guaranty fund ($350,000) on this stock has been set
aside. The average earnings a year for teu years prior to the reorganization were over $460,00i),8O that this guaranty fund practically
insures the dividend on the preferred stock at all times, whether business is good or bad. During the past twelve months we have built
ample works for the manufacture of crucibles, have built several
large oruclDle steel melting furnaces which increase our crucible product 40 per cent; have remodeled open- hearth furnaces, increasing
product in that line 10 per cent; have increased our puddling department to the extent of 32 per cent; have built two new sheet mills,
which increase our fine sheet steel product 70 per cent, and are just
completing a new copper department, which will doubtless result in a
heavy increase m product in that line."
Following is the balance sheet as of March 1, showing
profits of $1,346,073, equal to nearly 20 per cent on the $5,000,000 of common stock after paying 7 per cent on the preferred.
Bills receivable..
The balance sheet
A ssets—
Real estate
Machinery
Debts receivable
Stock in process
& Weldon
& Carolina
The directors and
Park
Plant, real estate, machinery, etc
Stock on liand. raw maierial, etc
$27,955,374
Total
.$27,955,374
70, p. 632.
Norfolk
liabilities..
.
$11,000,000
16,000,000
38,705
916,669
1,261,041
Wilmington
Total
Accounts payable
Net sutp. (see above)
.
3,733
$23,566,917
Cash
Total
Profit March 3 to Dae. 31 was $497,844; dividends declared
(31^ p. c. on $6,000,000 pref. stock), $210,000; net profit on
Dec. 31, $287,844. Of the issued capital stock the company
preferred stock and
owns and has in its treasury $1,500,0
$1,900,003 common stock.— V. 69, p. 697.
lows as of Dec.
Plant8,lands,pat's,&c.$24,0 1 7,619
Invest, in lands, &c..
869,654
Merchandise
1.517,925
Accounts receivable. .
289,135
1, 1900.
Liabilities—
Stock, preferred
Stock, common
United States Bobbin
(Balance Sheet March
2.891,380
366,964
Cash
BALANCE SHEET OF MARCH
—
$7,500,000
12,500,000
1,747,500
Bills pay able......
391,378
Accounts payable
291,706
Deposits
47,529
Legacy
Quarterly dividend...
105,000
Profit and loss
287,844
606,514
$724,169
Balance equal to 4Jfl per cent on common stock
The directors think it best to increase still further the surplus before declaring dividends upon the common stock.
Total
Preferred stock
Common stock
996,073
—V. 68, p. 978.
-V.
{Balance Sheet of Dec. 31, 1899.)
The balance sheet of Dec. 31 shows as follows:
Total
Surplus March 1. 1899
Profits for year
Less dividends paid on preferred stock
7 per cent for "year
Falrbanbs Company of Boston.
(Balance Sheet of Dec. SI, 1899.
The following balance sheet has been filed with the Massachusetts authorities:
Cash and debts
$5,000,000
5,000,000
5»4,472
204,803
Accounts payable
:
1900.
["Vol. T.XX.
Liabilities—
Capital stock, preferred
C.pital stock, common
Commonwealth
>
F.
Newcomer,
H
;
Atlantic Coast Line RR. of South Carolina.— ConsoZtiatian Ratified.— The stockholders on April 21 ratified the plan
of consolidation.—V. 70, p. 791.
Brooklyn Rapid Transit Co.— Litigation.— The Brooklyn
Heights RR. Co. has begun suit against the Brooklyn City
RR.
Co. for the fulfilment of the City Company's alleged obligations to the Heights Company under the terms of the
The amount sued for is §3,000,000. Under the terms
lease.
aforesaid, it is claimed, the Brooklyn City RR. Co. was to
have paid $6,000,000 toward the cost of installing electric
power on its railroads. The claim is that only $4,000,000 was
so expended.— V. 70, p. 531, 429.
Carolina & Northwestern— i2aZi/ied.—The stockholders on
Tuesday approved the proposed issue of new securities to
provide for extensions and the change of gauge from three
The line extends from Chester to Lenoir,
feet to standard.
N. C, 110 miles and the plan is said to be to make it a standard-gauge line crossing the Blue Mountains into Tennessee.
The new managers have acquired nearly all of the $350,000
April
— —
—
:
THE CHRONICLE.
28. 1900.]
stock and a majority of the $450,000 bonds and propose to
issue $1,000,000 preferred and $1,000,000 of common shares,
and a new mortgage for $1,320,000, the latter securing 5 per
cent bonds at the rate of $12,000 per mile, the Trust Co. of
America of New York being mortgage trustee. An additional mortgage, at the rate of $2,000 per mile, maybe issued
to provide equipment.— V. 70, p. 632.
841
vote of three-fourths of the stock to the Grand Rapids Railway Co., which see below. The stockholders of the old corporation, it is stated, were allowed to exchange their holdings for the stock of the new company on the basis of three
shares of the old for one of the new stock.— V. 70, p. 739, 583.
Cuba Company.- Tncorp-irated. — Articles
of incorporation
were filed at Trenton, N. J., on April 25 for this company
be Issued with an authorized capital stock of $8,000,000, of which |2,-
Central RR. of New J ers&j.— Refunding Plan to
N(xt PTeefc.—The directors have formulated a plan for the
refunding of the $11,500,000 conso). Ts of the Lehigh &
Wilkesbarre Coal Co., which are due June 1. The plan will
be made public next week.
Financial Data.— See "Annual Reports."— V. 70, p. 378.
Chicago Geaeral RAilw&j.— Receivership Suit.— Former
President John H. Witbeck on April 14 filed a bill for the
appointment of a receiver. The bill of complaint sets forth
Obligations on notes and
that there are outstanding
accounts $400,000; interest of $13,000; first mortgage bonds
$290,000; and second mortgage bonds $1,800,000. On April
17 Frank H. Sellers, Trust Officer of the Title Guaranty
Trust Co. of Chicago, was appointed receiver.
Reorganization Plan. A reorganization committee consisting of James P. Black, Lyman M. Paine and Glenn E.
Plumb, recently proposed to the friends of the company to
surrender one-half or more of their bonds for cancellation,
accepting double the amount in stock. It is thought that
from 30 to 50 per cent of the bonds can be retired. As a part
of the plan a majority of the capital stock is to be pooled
with the Northern Trust Co. of Chicago. The May interest on the $1,154,500 of first mortgage 53 will be passed
pending the reorganization. Whether the appointment of a
receiver will cause a modification of the plan does not appear.
Mr. Plumb has been elected President of the company, Mr,
Black Vice-President and Charles L. Hull Secretary and
:
&
,
Treasurer.—V.
—
70, p. 739.
500,000 is already subscribed. The stock is in shares of $50,000 each. The incorporators are :
W. C. Van Home, Levi P. Morton, W. C. Whitney and Thomas Ryan,
holding eight shaies each; and C. G. Hanen, six shares; E. A. Harrlman and James J. Hill, four shares each; William J. Bull, three
shares, and H. L. Terry, one share.
The company is to operate railroads and electric railways,
in Cuba, and may perhaps undertake other enterprises as
Sir William C. Van Home, former President of the
well.
Canadian Pacific Railway Co., the chief promoter of the
scheme, is President, William Redmond Cross, Treasurer,
and T. Sanford Beatty, temporary Secretary. Directors are:
Sir W. C. Van Home, William C, Whitney, Gen. Samuel Thomas,
Thomas F. Ryan, P. A. B. Wideuer, Edward J. Berwind, George G.
Haven and Gen. Grenville M. Dodge.
The Morton Trust Co. is financial agent. The plans, it is
said, include railroad construction in the western provinces
of Cuba, and it may be the amalgamation of existing lines.
Delaware Yalley & Kingston Ry. State Commission
Authorizes Construction. The State Railroad Commission
has authorized the company to build its proposed road from
Lackawaxen, Penn.. along the bed of the old Delaware &
Hudson Canal to Kingston, N. Y., a distance of 81 miles.
Those opposing the project propose to appeal at once to the
State Supreme Court, which they hope will reverse the decision of the Commission. The Erie RR. Co. has also brought
Wyosuit in Pennsylvania on the ground that the Erie
ming Valley Ry., which is owned by the Pennsylvania Coal
Co., has no right to build the connecting line from Hawley
to Lackawaxen, having leased its existing line between these
points to the Erie.—V. 70, p. 686, 583.
—
&
Chicago Great Western Ry.— Listed.—The New York
Stock Exchange has listed $400,000 of an issue of $2,400,000
additional 4 per cent debenture stock, making total amount
listed to date $17,176,500, and has authorized the listing from
Grand Rapids Railway.— -Successor Company.— New
time to time of additional amounts as and when delivered. Bonds. This company has been organized with $3,500,000 of
The amount of stock, including such additional issues, shall capital stock and an authorized issue of $2,000,000 bonds, and
not exceed in the aggregate $19,176,500. Of the above $2,- has purchased all the street railway properties of Grand
400,000 4 per cent debenture stock, $400,000 was issued under Rapids and vicinity, for a sum said to be $3,500,0C0. The
resolutions adopted by the directors on March 13, 1900, and sale of the plant of the Consolidated Street Railway Co, was
the proceeds "have been used in payment of all indebtedness ratified as required by law by vote of three-fourths in interest
of the company, namely, equipment lease warrants, $400,000, of its stockholders. The new corporation, it is stated, acwhich matured prior to Dec. 31, 1900. The proceeds of the quired all, or nearly all, of the preferred and common stock
remaining $2,000,000 are to be devoted to the payment of the and the outstanding bonds, including 6s of 1837 and Ss of
capital expenditures of the calendar year 1900, for additions 1891, of the Consolidated Street Railway Co., and the bonds
and improvements, any surplus to be held for similar ex- and the lease of the North Park Street Railway Co.
penditures in the following year. Proceeds to be paid to
The new company, which is controlled by Grand Rapids
A. M. Kidder & Co., who are depositary for the money paid men, has elected the following officers:
over to the company as required."
Directors— Lester J. Rindge, William H. Anderson, William Judson,
Earnirigs.— For the eight months ending Feb. 28, 1900, John A. Covode, T. F. Carroll, J. Boyd Pantlind, Anton G. Hodenpyl.
President— Anton G. Hodenpyl. General Manager— G. Stuart Johnearnings were
son. Secretary and Assistant Treasurer— 6. S. Hanchett. TreasurerSmos.—
Oross.
Net.
Charges. Bal., surplus. William H. Anderson.
$4,53s,084
1899-1900
$1,539,630
$1,006,532
$533,098
The President, Anton G. Hodenpyl, is the Second Vice1898-1899
338,728
3,871,429
1,303,425
964,697
The charges in the above statement include interest on the President of the Michigan Trust Co. of Grand Rapids. E, W.
debenture stock and the balance represents the amount avail- Clark & Co., of Philadelphia, who have been placing the
able for dividends on preferred "A" stock, etc.— V. 70, p. 279. bonds, have a representative on the board of directors. V. 70,
p. 739.
Chicago & North Western Ry. Annual Meeting— Pur
Houston East & West Texas Ry. Bonds to be Guaranteed
chase of Provrtetary Lines, At the annual meeting June 7
Made Subject to Call.— The Southern Pacific Co. offers
and
the stockholders will act upon the following questions
guarantee
by indorsement the payment of the principal
to
Ratification of the leases of the Boyer Valley Ry. and the Harlan &
Kirkman Ry., pursuant to resolutions adopted by the directors on and interest of the bonds in consideration of the right to reDeo. 8, 18 9
deem the bonds at 105 and accrued interest at any interest
Purchase of the railways and of all the franchises, assets and prop- period upon giving six months' notice by publication. The
erty of any of the following oompinies Boyer Valley Ry. Co., Harlan
& Kirkman Ry.Co.. Minnesota & Iowa Ry.Co. and Iowa Minnesota & Southern Pacific Co, is not bound to guarantee any bonds
under this arrangement unless at least $2,000,000 are preNorthwestern Ry. Ci>.
Purchase of the railways and of some or all of the rights, privileges, sented for stamping prior to June 1, 1900, and is only bound'
franchises, immunities, assets and property of the Winona & St. Peter
RR. Co., including those of the Dakota Central Ry. Co., the Mankato to guarantee such bonds as are presented for stamping prior
& New Ulm Ry. Co. and the Minnesota & South Dakota Ry. Co. ac- to that date. Bondholders desiring to avail themselves of
quired by said Winona & 8t. Peter RR, Co.
this arrangement are requested to deposit their bonds with,
All of the companies aforesaid are already "proprietary Blair & Co., No. 33 Wall St., New York, and to pay $3 50 a
companies" whose stock is owned by the Chicago & North bond deposited. The form of guaranty is as follows:
FORM OF GUARANTY.
Western.—V. 70, p. 739.
Fob Vauje Received, the Southern Pacific Company hereby guarantees
Choctaw & Memphis RR.—JV/erggr.- See Choctaw Okla- unconditionally
tbe punctual payment of the principal and Interest of the
within bond at the time and in the manner therein specified.
homa & Gulf RR. below.— Vol, 70, p. 531.
IN Witness.Whbreop, said Southern Pacific Company has caused its corits
Choctaw Oklalioma & Gulf RR.— FMrc/iase.-The stock- porate seal to be hereunto affixed and this Instrument to be signed by
1900.
day of
President nr one of its Vice- Presidents this
holders will vote on June 27 on a proposition to increase the —V.
70. p. 686.
stock, both preferred and common, for the purpose of acquirKansas City Pittsbnrg & ^ulf RR.— iVb Deposits to Be
ing the railroad, franchises aad other property of the ChocReceived After June .?.— "Substantially all of the securitiestaw & Memphis RR. (now leased) and also additional rolling affected and called for have been deposited under the modistock and for other corporate purposes.— V. 70, p. 686.
fied plan and agreement of reorganization dated Nov. 7,
Cleveland Akron & Colnmbns Railway.— CaWei Bonds.— 1899," but for the benefit of the small minority interest,
The $730,000 equipment trust and and second mortgage bonds which may not have received notice thereof, the committee
dated Aug. 1, 1890, due Aug. 1, 1930, have been called, and will continue to receive deposits "without penalty until June
will be paid on Aug. 1, 1900, with interest to that date, at 2, 1900, after which the accounts of the committee will be
the office of Winslow, Lanier & Co., No. 17 Nassau St.— V. closed and no further deposits can be received." See adver69, p. 1245.
tisement on another page. V. 70, p. 686, 633.
Combination Bridge of Sioux City.
Decmon.— The
Lebanon Springs RR.— Sold. The six miles of the road
United States Supreme Court on April 9 decided against the in Vermont was purchased at the auction sale on April 25 by
Credits Commutation Co. and the Combination Bridge Co. of the Chatham & Lebanon Valley RR. Co.
This section has
Sioux City, Iowa, in their suit versus the United States and not been operated for several years, but it is claimed will now
others for leave to intervene in the foreclosure suits against be a link in a through line from Montreal to New York via
the old Union Pacific RR.—V. 67, p. 223.
the New York & Harlem RR.— V. 70, p. 683.
Consolidated Street Ry. Co. of Grand RA^ids.— Property
Lehigh Yalley Traction Co. of AUentown, Fa.—Called'
Sold. The property has been sold, as permitted by law, by Bonds.— 01 the first mortgage bonds issued in 1891 by the
—
—
:
:
,
—
—
—
—
—
—
THE
842
(
HROISriOLE.
&
number
[Vol.
LXX.
Bethlehem Rapid Transit Co. 264 ($264,000) have
redemption, and will be paid at 110 and acfor
called
been
crued interest, at the Old Colony Trust Co., Boston, Mass.,
offer of fourteen is said to be only between thirty and forty.
The report that the Illinois Central will acquire the road is
on May
said to be erroneous.
AUentown
25.
Bonds Offered.— Haxvey Fiek & Sons of New York, (represented by James H. Chapman, 421 Chestnut St., Philadelphia), and W. H. Newbold's Son & Co. of Phila ielphia, offer
for sale a block of the company's 4 per cent first mortgage
gold 30 year coupon bonds, free of United States, State and
municipal taxes. Guaranty Trust Co. of New York, trustee.
Issue, $3,000,000.— V. 70, p. 229.
of outstanding seconds
which have not accepted the
—
Conflrmation of Sale in Illinois. Judge Allen in the
United States Court at Springfield, III., on April 24, confirmed
the foreclosure sale under the first mortgage in Illinois, subject to the objection and exception of the dissenting second
mortgage bondholders and stockholders of the company. An
appeal from the decision is being prepared, and the Circuit
Court of Appeals will be asked to review the proceedings
leading up to a decree. The sale of the Evansville Division
Mexican National RR.—New Offioe.—The executive offices in Indiana, it
is expooted, will be confirmed in the course of
traffic
The
St.
Nassau
1
1
to
on
May
No.
removed
will be
the
next
few
days.—
V. 70, p. 792, 740.
offices will remain at No. 11 Broadway.— V. 70, p. 630, 641.
Pitt8i)urg & Western Rj— Reorganization Plan.— The
Mobile Jackson & Kansas City ILR.— Listed.— The New
York Stock Exchange has listed the company's $1,000,000 first plan of reorganization is not expected to be ready until the
mortgage 5 per cent oO-year gold coupon bonds of
70, p. 687.
Nescopec RR.—Oonsolidation.—See Schuylkill
1946.
&
—V.
fall.— V. 70,
p. 382, 280.
Richmond Passenger & Power Co.— Timz Extended.—
Juniata The Common Council of Richmond on April 19 granted the
company ninety days' additional time in which to surrender
RR. above.
New Eoglaud Street Hj.— Offer Rejected.—The stockhold- the
ers at this meeting April 23 rejected the offer of $48 a share
for the 17,954 shares of $i5 each owned by the company in
the Winchester Avenue RR. Co. of New Haven, of ttie total
iesue of 32,000 shares. Since Mr. Kelsey's offer was received
Q-eorge A. Fernald & Co. of Boston, representing, it is supposed, the Fair Haven & Westville RR. Co., has offered $55 a
share for the stock. Mr. Kelsey claims to have an option on
it from the directors, and has accordingly filed a suit in
equity at Boston to obtain possession of the stock and has
warned other parties against its purchase. The stockholders
New England will meet again on April 30 to consider
the matter.—V. 70, p. 740.
New York Connecting RR.—Harfs Island Bridge.—
Mayor Van Wyck has approved the Act authorizing the
company to build, with the consent of the War Department,
a bridge and elevated railroad across the East River from a
connection with the Port Morris branch of the New York &
Harlem RR. near St. Mary's Park, in the Borough of the
Bronx, over Randall's and Ward's Islands, to Bush wick
Junction, in Queens. The road, including the bridge, would
be about 3 miles in length, and would cost about $5,500,000.
It would enable the New York Central & Hudson River RR.
and the New York New Haven & Hartford to deliver loaded
cars to any part of Long Island as well as to deep water at
Thirty-ninth Street, South Brooklyn, without the cost of
lighterage, Oliver W. Barnes is President; John McDonald,
of the
Counsel, and Alfred P. Boiler, Chief Engineer.
New York New Haven & Hartford RR.—Purchase of New
Haven Steamboat Co.— The company has purchased practically all of the $500,000 capital stock of the New Haven
Steamboat Co. at a price unofficially reported as $150 per
share. The Steamboat company has outstanding $145,000 Q%
bonds due April 1,1902. The Providence line of the boat
company will be discontinued on May 1. The $1,000,000
New Haven stock offered last week was sold two months
ago chiefly to pay for railroad improvements, and is included in the amount ($53,838,100) listed on the New York
Stock Exchange.— V.
70, p. 792, 328.
New York & Ottawa RR.-Reeeiver.-Jadge Lacombe, of
the United States Circuit Court, has appointed Henry W.
Gays receiver of the road in a suit brought by AUanson T.
Enos, of Englewood, N. J., a creditor. Mr. Enos secured
judgment against the railroad company for $2,354. —V, 69, p.
1010.
New York Pliiladelphia & Norfolk RR.—Interest on In—Two per cent will be paid upon the income mortgage
bonds on May 1, 1900, to the registered holders thereof as of
comes.
franchises of the old companies, as required by the ordinance of December last. All of the old bonds have not yet
been retired, as is necessary if the franchises are to be surrendered; but the Council, it seems, is disposed to grant
ample opportunity for completing the operation. The petition for an extension of time says:
Your petitioner lias filed with tbe City Clerk complete surrenders of
the franchises of the Rlverview Ry. Oo. and the F4,lrm junt Traction
Co.; it has filed with the City Clerk surrenders, subject to the existing
bonded indebtedness, of the franchises of the Manchester Ry. & Improvement Co. and of the Seven Pines Ry. Co. But aU of the bondholders of these two companies have since agreed to surrender their
bonds as soon as the papers can be prepared, and the mortgages upon
these properties will be released and discharged. Agreements have
been entered into with the holders of more than $1 500,000 of the
total issue of $2,000,000 of bonds of the Richmond Railway & Electric Co., and with the holders of a large block of the [$400,000] bonds
of the Richmond & Manchester Ry. Co whereby their bonds will be
purchased by your petitioner. Your petitioner has purchased the entire issue of the capital stock of each of these companies composing
the Richmond R/. & Electric Co. system and its al led and leased
lines, being all of the lines operating in the cities of Richmond and
Manchester, and in the counties of Henrico and Chesterlield, exoept
the Richmond Traoti jn Co.— V. 70, p. 792.
,
Schuylkill
& Juniata RR. Co.— Oonsnlidation.— This
ia
the title under which, it has been agreed by the directors of
the several corporations to consolidate the Nescopec RR.,
the North & West Branch Railway, the Pennsylvania SchuylWilkesbarre Railkill Valley RR., the Sunbury Hazleton
way and the Sunbury & Lewistown Railway, all corporations
controlled in part or in whole by the Pennsylvania RR. The
par value of the stock of the new company will be $50 per
share, and the exchanges, we are officially informed, will be
made on the following basis
North <fe West Branch Ry. stock will be rated at $105 per share; Sunbiiry & Lewistown Ry. stock at $70 per share Sunbury Hazleton &
Wilkesbarre Ry. stock at $70 per share; Pennsylvania Schuylkill Valley RR stock at $41 54 per share; Nescopec RR. stock at $40 42 per
share. The Pennsylvania RR owns all the capital stock and bonds of
the Pennsylvania Schuylkill Valley RR. and Nescopec RR., and in consideration of the ratings for these two companies it has agreed upon
consummation of the consolidation and merger to surrender to the
new company for cancellation all of the $200,000 of Nescopec RR.
debenture certificates and $2,000,000 of the outstanding Pennsylvania Schuylkill Valley RR. bonds.
Seaboard Air-Line Ry.—Loan Certificates. Pending the
completion of the consolidation, etc., the company has issued, to take up loans made by financial institutions and
others, loan certificates to the amount of $3,400,000, redeemable in two years or sooner at the pleasure of the managing
$10,000 loan certificate, it is understood, carries
trustees.
with it a bonus of fifty shares of preferred stock and one
hundred and fifty shares of the common stock of the Seaboard Air-Line Company. These certificates, it is stated,
sold in Richmond recently at 118. The common stock, deliverable when issued, sold at $10 a share and the preferred
stock at $30 a share.
Southern Ohio Traction Co. Opposition Removed. The
opposition of the Fleischer stockholders in the Dayton Traction Co. to the consolidation has been removed, and the new
company, it is stated, will shortly take possession of the several properties.— V. 70, p. 177.
Southern Pacific Co.— Guaranty of Bonds. See Houston
&
:
;
—
A
Checks will be mailed.— V. 69, p. 906.
Northampton Street Ry. Neiv Bonds. The company, it
is stated, is proposing to issue $200,000 bonds, of which $140,000 for extensions and $60,000 for the funding of notes.
Northern Central Railway Co Payment of Bonds.— The
$600,010 mortgage bonds of the Union RR. Co. of Baltimore
maturing May 1, 1900, with the coupon then due, will be
paid on and after May 1 by Alexander Brown & Sons in Baltimore. (See item "Canton Co.,"
V. 70, p. 794.)-V. 70, p. East & West Texas Ry. above.— V. 70, p. 687, 430.
687, 633.
Southern Pacific RR. Co. of California.— Lts?ei.—The
North & West Branch Rj.— Consolidation.— See Schuyl- New York Stock Exchange has listed $678,000 additional unkill & Juniata RR. below.— V. 70, p. 533.
stamped first consolidated mort. guar. 5 per cent gold bonds
Fennsjlyania RR.— Offer for Western New York <& Penn- of 1937, making the total amount of said unstamped bonds
There are also $19,064,000 of
sylvania. The formal offer made this week for a majority listed to date $5,706,000.
of the stock and income bonds of the Western New York & stamped bonds, subject to call at 107i^ and accrued interest
Pennsylvania Ry. is described below under caption of that on and after April 1, 1905. The bonds just listed were issued
company. If all the $20,000,000 stock and $10,000,000 income on account of new construction, extra work, etc. V. 70, p. 431.
bonds should be acquired the total cost will be $6,600,000.
Sunbury Hazleton & Wilkesbarre Rj.—GimsoUdation.
The purchase, if consummated, will of course remove the See Schuylkill & Juniata RR. above.— Vol. 70, p. 533.
April 30, 1900.
—
—
—
—
—
—
necessity for a
new
line to Buffalo.
—V. 70, p. 792, 687.
PennsylTanIa Schuylkill Talley Rj.— Consolidation.—
See Schuylkill & Juniata RR. above.—Vol. 70, p. 533.
Peoria Decatur & Eransville Rj.—Sale May i<9.—The sale
of the property under foreclosure of the second mortgage of
advertised to take place May 10 at Lincoln, 111. The
upset price ia $100,000. The property was sold under foreclosure of the first mortgages on Feb. 6, and was bought in
by Adrian H. Joline for the Colonial Trust Co., the holder of
nearly all the second mortgage bonds. The foreclosure sale
under the second mortgage is in order to perfect title. The
1886
is
—
—
Sunbury & Lewistown Rj.— Consolidation. See Schuyl& Juniata RR. above.—V. 64, p. 1043.
Terre Haute & Indianapolis R&Uro&d.-Report by Master in Tax Case.— Special Master in Chancery Noble C.
kill
Butler, in his report filed with the Superior Court of Marion
County, Ind., on April 19, finds that the company is not
liable under its charter to the State school fund for a large
sum as a percentage of the income of the road since 1867 as
claimed by the State in a suit filed in 1895. The case, it is
said, will be appealed to the Supreme Court of the State.—
V. 67,
p. 1305.
I
:
April
—
—
:
THE CHKONICLK
28, 1900.]
Lonis & Kansas City RU.—Sale Confirmed in
Illinois.— Judge Allen, of the United States Court, at Springfield, 111., oh April 24, confirmed the foreclosure sale.— V. 70,
Toledo
843
Old
St.
p. 793, 740.
United Railways & Electric Co. of Baltimore.— -Earnings
of -BZec^rtc Lig/if Co.— The United Electric Light & Power
Co. has declared a semi-annual dividend of 2J^ per cent
on its preferred stock, payable May 1. The earnings of the
company for the six months ending April 30, 1900, are reported as follows
Oross.
Net.
Charges.
$342,210
$170,813
$96,672
—V.
— —
—— —
—
Dividend.
$17,500
Surphis.
$56,641
70, p. 793.
Yicksburgr Shreveport & Pacific RR.— Receiver.— Dr. J.
H. McCormick, of Monroe, La. has been appointed receiver
of this road. H. D. Hearns, of Illinois, recently applied for
a receiver, on the ground that the third mortgage bonds, of
which he holds $78,000, are in default, no interest having been
paid thereon since 1889. In the meantime one-half of the
land mortgaged as part security for the loan has been sold to
pay one fourth of the bonds, leaving three-fourths of the
Unfair
bondholders with one-half of the land as security.
,
discrimination, he alleges,
was made
in this
Western New York & Pennsylvania Rj.— Offer
to
Veto
Pf* iiC^
$3 20*
$2 20
3 05
2 15
3 65
2 65
3 80
2 80
Settlement. At a meeting on April 20 all differences with
the Federal Steel Co. were settled, the amount due that company for steel delivered was paid and an arrangement was
made by which there will be a temporary cessation of deliveries by the Federal Steel Co. on account of the 60,000 tons of
steel which the Wire Company is under contract to purchase.
The rod mill of the Federal Steel Co. at Joliet, III., will,
for this reason, be temporarily closed.— V. 70, p. 383.
Nails, per
keg
Plain funealed fence wire, per hundred pounds
Barbed fence wire, per hundred pounds
Galvanized fence wire, per hundred pounds
—
American Tin Plate 0,9.— Object of New Stock Issue.—The
$325,000 preferred stojk recently listed was issued "on
Steel Co, in payMarch 27, 1S99. to the Canonsburg Iron
ment for its rolling mill and plant, located at Canonsburg,
Washington County, Pa., the above propertv being free and
clear of all incumbrances." This issue of $325,000 makes the
total amount issued to this date $18,325,000 out of a total
authorized issue of $20,000,000 preferred stock.— V. 70, p. 688.
&
D. Appleton & Co. Resumption. —The comoany resumed the publication of new books on April 21. The finanfound more satisfactory than expected.
Pur- cial condition was
payment
bonds.— V. 69, p. 1008.
Pfic c
of
chase.—The directors on Monday voted to recommend the ac- V. 70, p, 582, 586.
Armour & Co.— In Possession. The new corporation took
ceptance of the offer of the Pennsylvania RR. to purchase on
the business of the firm of Armour & Co. on April 15.
over
per
the
stock
before
26
majority
of
at
share
or
Mar.
a
$9
$50
and of the income bonds at $300 each. President De Courcey The officers of the company are
President, Philip D. Armour; Vice-President and General Manager,
in a circular says in substance
J. Ogden Armour; Sec. C. F. Langdon; Treas., P. A. Valentine.
large
proportion
of the earnAs Is no doubt well known to you, a
Directors— P. D. Armour, J. Ogden Armour, P. A. Valentine, C. M.
ings of your company is derived from traffic exchanged with the
Favorite, T. J. Connors, H. P, Darlington, Arthur Meeker.
—
:
:
Pennsylvania Railroad system. The Pennsylvania RR. Co., however,
has always had In view the importance of Buffalo as one of its terminal points, and this has been lately emphasized by its purchase of the
stock of the Erie & Western Transportation Co. The prices offered
are more than full as compared with the current market values, and
It is needless to say that should the proposed new line to Buffalo be
built the traffic now passing over your line to and from the Pennsylvania system will be diverted therefrom and your gross and net earnInga seriously depleted. Under these circumstances the members of
your board, who are personally large holders of both income bonds
and stock, have signified their intention of accepting the offer made
by the Pennsylvania.
Deposits of said stock and bonds should be made on or before May
26 at one of the following depositories: The Commercial Trust Co.,
Philadelphia, Pa.; Speyer & Co., New York City, N. Y.; Speyer Bros.,
London, England Laz. Speyer Ellissen, Frankfort-on-Main, Germany;
Teixeira De Mattos Bros., Amsterdam, Holland. Should the stipulated amount of securities be deposited, payments will be made in
cash on and after June 15, 1900 otherwise upon surrender of the temporary receipts the securities deposited may be returned to the owners.
See further particulars in the advertisement on another
page of this issue.— V. 70, p. 585, 330.
;
The firm was established nearly forty years ago by Joseph
Armour, the brother of P. D. Armour, and an office was
F,
opened in Chicago in 1875.
Plants.-Uhe plants at Omaha and Kansas City,
it is reported, will form part of the property of the new company.
The entire plant at Chicago is now operated by electricity.
V.
70, p. 533.
—
" Philadelphia News Bureau"
Co. Assets
In the suits against the Bay State Gas Co. in Delaware, which are now being prosecuted by New York lawyers,
we have the first statement ever made of the assets of the
Bay State Gas Co., and here it is for two different periods as
reported by Treasurer Miller:
Bay State Gas
says:
10, '98.
May \, '97.
$2,000,000
53.290
272,^33
sinking fund account.
Water Gas Patents
300.000
Danvers Gas Light Co. stock
3,606
5,672
Cash Account
Boston Gas Light Co. stock
18,200
1,322
Office furniture
Dorchester land purchase
4,172
473,263
B. 8. G. Co. of N. J. coupon advances
Treas. and collateral stock at $10 per share..
5,000
Newcastle Gas Light Co. stock
1,039
Newcastle Gas Light Co. loan account
1,500
2^,000
Staten Island Clay Co. loan
Bonds Queen City Gas Light Co
1,200,000
Income bond purchases
690,692
$2,000,000
53.290
272,533
;
Wlieeling Bridge
The foreclosure
& Terminal Railway.— -SaZe May 22.—
under the first mortgage of 1889 is advertised to take place at Wheeling, West Va., on May 22.
The upset price is $750,000.—V. 70, p. 330.
Wheeling & Lake Erie ISiR,— Branch to be Opened May 1.
The Coshocton & Southern division will be opened for freight
business on May 1 and for passenger business about May 15.
V. 70, p. 533.
Winciiester Avenue RR. of New Haven. Offer Rejected
iVeuj O^Vr.— See "New England Street Railway" above.
sale
—
—
V. 70, p. 740; V. 69,
p. 284.
INDUSTRIAL. GAS AND MISCELLANEOUS.
JJ-eft.
Bay
State Gas Co. of
"
"
"
"
"
"
N
J. capital stock
gen. acct. charges
30O,<
00
3,606
227,708
13,200
1,322
4,172
473,263
5,000
1,039
1,500
25,000
500,000
690,692
In February, 1898, there were unsettled brokerage accounts as follows:
John Pickering & Moseley $35.0ro Income bonds
$308
10,336
Clark, Ward & Co. 2,000 shares Bay State Del. collateral
Lawson, Weldenfeld & Co
7,812
Brown. Rley& Co
1,450,342
—V. 70, p. 688.
Boston Electric Light Co.— Stock Offered.— The company
will sell at auction, through R. L. Day & Co., at No. 7 Exchange Place, Room 6. Boston, Mass., to-day at 11:30 o'clock,
A.M., 138 shares of the increased capital stock authorized by
the State Commission on Oct. 13, 1899.—V. 69, p. 1250.
Central Pennsylvania (Bell) Teleplione & Sapply Co. of
WilliamsDort, Pa. Increase of Stock. The stockholders on
April 20 voted to increase the capital stock from $1,000,000 to
American Bridge Co.— /ncorporaWon.— This company was
incorporated last week in New Jersey with a nominal capital
of $100,0 0. The authorized capital will probably be $30,000,000 each of preferred and common stock, the former 7
per cent cumulative. J. P. Morgan & Co. are interested in
the company, which has been organized to take over a large
number of bridge and structural iron and steel companies.—
See Chronicle September 30, 1899, page 696.
American Cement Co. Large Contract. — The contract $1,500,000, chiefly for improvements and extensions. Th&
for all the cement needed for the New York Rapid Transit company has been paying dividends of 5 percent per annum.
tunnel has been awarded to the United Building Materials A majority of the stock is owned by the parent Bell ComCo., which is the corporate title of the New York selling pany. There are bonds for $135,000 outstanding.
agency of the American Cement Co. It is estimated that
Chicago Junction Railways & Union Stock Yards. New
1,200,000 barrels, representing about $2,000,000 will be re- Bonds. — The First National
Bank of Chicago is offering
quired.—V. 69, ^. 1303.
$300,000 of this company's new mortgage and collateral trust
American Cotton Oil Qq.— Extension of Maturing Bonds. refunding 4 per cents at 98i^ and interest. These bonds are
—The company has arranged with Winslow, Lanier & Co. to a part of an issue of $14,000,c00, of which $10,000,000 are held
extend the $3,000,000 debenture bonds due Nov. 1, 1900, for in trust to take up the 5 per cent bonds due in 1915, the bal15 years at 4>^ per cent interest, payable quarterly. Holders ance to take up the incomes and notes and for improvements.
desiring to have their bonds extended should deposit them The new loan is dated April 1, 190r>, and is due April 1, 1940;
on or before Aug. 1, 19C0, with the firm named, by whom State Trust Co. mortgage trustee. The total amount outthere will be paid to them on Aug. 1. 1900, the coupon of standing Is $4,000,000.
Nov. 1, in addition to that of Aug. 1, 1900. Bondholders
Bonds to be Called.— The $2,539,000 of 5 per cent ircomes
—
who do not avail of this privilege will receive the face value
of their bonds on delivering the same on Nov. 1, 1900, to
Winslow, Lanier
Co., who will pui chase and extend the
same for account of the underwriters. See advertisement on
&
of 1892 and the $400,000 of 5 per cent notes ispued in 1898 will
be called and paid off July 1 from the proceeds of sale of the
new 48.-V.
70, p. 533, 383.
Chicago Packing & Provision.— Pcndiwflr fifaZe.—Powers of
another page.— V. 69, p. 1009, 1013, 1016.
attorney from holders of a large portion of the stock on this
American Steel & Wire Co.— Prices Reduced. —A number side the water have been given to E. H. Pearson for the purof the company's mills were closed early last week on ac- pose of facilitating the proposed sale of the Chicago plant.
count of the excessive accumulation of supplies. On April Enough powers of attorney are now in Mr. Pearson's hands
20 the board of directors gave the executive committee au- so that he can go ahead and make the sale if he thinks best,
thority to reduce prices.
A new schedule of prices for A proposition for the purchase of the plant is under con"common" products was then announced, showing the fol- sideration. Sehwartzchild & Sulzberger, who have been relowing changes
garded as the best prospective customers for this property.
:
— ——
—
—
— —
THE CHRONICLE.
844
liave already purchased a large vacant track in the stock
yards. It is intimated that another prospective purchaser is
in the field. At any rate a proposition has been made and is
being considered. One point is certain— namely, that if the
plant is sold the proceeds will not be used to call bonds, but
will be employed in extending the business, probably in the
way of a beef plant.—" Chicago Economist."— V. 69, p. 1250.
[Vol.
LXX,
Maritime Canal Co. Concession Canceled.— The Nicaraguan Government has finally canceled the concession to
the
company
to construct a ship canal acrosa.Nicaragua.
original concession expired October 5 last, but the company applied for an extension,— V. 70, p, 283.
The
Morse Iron Works & Dry Dock Co.— Mortgage.—The company has made a mortgage to the Washington Trust Co., as
Citizens' Electric Ligiit & Power Co. of Houston, Tex.— trustee, to secure an issue of $450,000 bonds. The Morse
Sale ilfag/i.— The foreclosure sale is advertised for May 1. Company was incorporated at Albany in January last with
The upset price is $200,000. Besides the mortgage to the $550,000 of authorized capital stock, as an enlargement of
Massachusetts Loan & Trust Co, as trustee, there are out- the Morse Iron Works and ship yard in South Brooklyn, at
standing receivers' certificates $120,000 and claims aggre- which much work has been done on Government transports.
Eiward P, Morse is President. An exchange says:
gating $65,770, which are provided for in the decree of sale.
The company has bought the water front holdings of the Atlantic
Bonds
Columbus Citizens' (Independent) Telephone Co.—
Yacht Club, from Fiftj-fllth to Fifty-seventh Streets, Brooklyn, and
Sold,
The company has placed in Cleveland and elsewhere win build a dry dock, which is to be the largest on the Atlantic coast.
$450,000 of an authorized issue of $750,000 five per cent gold The price paid for the property Is said to be $300,000. The property
for 360 feet on First Avenue, and extends 700 feet to the bulkbonds, dated Jan. 2, 1900, and due January, 1920, with in- fronts
head. The riparian rights extend 1,480 feet from the shore.
terest payable semi-annually. A sinking fund is provided to
Motor Cycle Co. Incorporation. This company, with an
The bonds are payable at the
retire the issue by maturity.
office of the trustee, the State Savings Bank & Trust Co., of authorized capital stock of $15,000,000, of which $S,000,000 is
Columbus, Ohio. The Citizens' Company, which was incor- to be 7 per cent preferred, has been incorporated under the
,
—
—
porated Dec, 19, 189S, with $1,900,000 of authorized capital
stock, recently began operating its plant. The Everett syndicate of Cleveland, which is back of the Cuyahoga Telephone Co. (V. 69, p. 1105), the United States Telephone Co.
(V. 70, p. 133) and the Federal Telephone Co., is interested in
the enterprise.
Compressed Air Co. Mortgage.— Tiie company has made
a mortgage to the State Trust Co. as trustee, to secure an
issue of twenty-year gold bonds for $500,0f 0. -V. 70, p. 741.
Consolidated Railway Electric Lighting & Equipment
Co.— Status.— See United Electric Co. on p. 850.— V. 70, p.
,
794, 534.
Consolidated Rubber Tire Co.- Agreement.— The
differ-
ences mentioned last week, it is stated, have been adjusted,
and at a meeting of the directors Thursday it was decided to
increase the number of directors from nine, the present num
ber, to thirteen, the four additional directors to be nominated by the stockholders' protective committee.— V. 70, p.
794.
—
& Fibre Co. Listed in Philadelphia. The
preferred shares, par $25, common full paid,
preferred $13 59 paid, have been listed on the Philadelphia
Cotton Oil
common and
Stock Exchange.—V. 70, p. 487.
Eastman's (Beef Co.), Limited. Annual Meeting. At the
annual meeting in London on April 11 the following state
—
ment was m?de
The net profit for tbe year 1899 was £41,052 IBs., whicli, -with tlie
balance of $285 lc8. brought forward from 1898, made a total available profit of £ 41 ,33S 168. Out of this we paid 8 per cent to the pref
erence shareholders, leaving a balance of £2,h58 198. 8d. to be carried
forward to I9u0, We were not able to reduce the arrears of dividend
on the preference shares during 1899, which remain the same as at
end of 1898, namely, two years and a half on the 8 per cent cumulative preference shares. We have decided, at an early date, to give up
Importing chilled Ijeef from America for the wholesale markets,
which has heen a losing business for years, and have arranged to
lease our New York abattoir on favorable terms to Swift & Co., of
laws of Virginia.
Incorporators Ansel L. White, Frederick
Stewart, Benjamin J. Downer, Ernest Hopkinson, all of New
York, and Joseph King of Norfolk, Va.
:
Receiver A.<iked for RemainStates Circuit Court in Chicago on April 26 by James Clark, of Plainfield, N. J
Walter M. McCain, of Des Moines, and J, W.
Brooks, Henry B, Ssott and William W. Baldwin, of Burlington, la., as holders of $160,000 stock, for the appointment of a receiver for the assets remaining after the sale of
the property last year to the American Linseed Co, It is
claimed that there are still outstanding about $100,000 of uncollected accounts, and that the stockholders have a right to
a considerable sum from the former managers for moneys
lost in speculation in flaxseed.— V. 69, p. 744.
National Linseed Oil Co.
ing Assets,
— Application was made to the United
;
National Liquid Air Co.—Prospectus.— See "Liquid Air
Companies" above.
National Starch Co.— Incorporated.— Thia company has
been incorporated in New Jersey, with nominal capital $100,000 to carry out the plan of consolidation described in the
Chronicle of April 14, p. 742,
National Tube Co.— Offlcial Statement.
— President Edmund
C. Converse is quoted as saying:
The prices of raw materials from the ore up, on the 1,900 oontraote,
are high in comparison with the past ten years, but this has been owing
to the general prosperity of the country; such prices are not out of
harmony with all other commodities. That they will gradually reach
a more conservative basis is only a matter of time. Tubular goods today are nearly $40 a ton less than they were twenty years ago. Ordinarily our mills have been more occupied at this season of the year
than they are at present, but as our business Is now arrar ged, the
d mand is more equally divided among the months of the year. The
orders we are now receiving from domestic and foieign sources are
very satistactory and are occupying our principal mills. We see no
There Is nothing in
necessity for further curtailment of operations.
the future of the iron industry, if people only keep their heads, that is
not encouraging.— V. 70, p. 743, 744,
We still retain the Ottman & Co. and IJeinicke & Co, busiNew York Electric Vehicle Transportation Co.- Signed.
New York; these businesses are doing very well.
—Gov. Roosevelt has signed the Goodsell bill, which proThe issue of £ 100,000 6 per cent debentures in November vides that stage companies having the right of way in cities
last was fully subscribed, most of it being taken by the for five years past may retain that right of way, extend their
shareholders. The common stock outstanding is about £626,- routes and change their motive power.
This will permit a
000 and the preferred stock about £500,000.— V. 70, p, 534.
change of motive power on the Fifth Avenue Stage Line,
Harper & Brothers. — Foreclosure, — The State Trust owned by the New York Transportation Company, to elecCo. as mortgage trustee filed suit in the Supreme Court on tric automobiles. It is proposed also to extend the Fifth
Tuesday to foreclose the $3,000,000 mortgage,— V. 70, p, 534, Avenue Line to 110th St. to establish several cross-town
Herring-HallMarvin Co.—S^le May 31.— The sale under lines through the park and to increase the fare to 10 cents.
the recent order of the courts is advertised for May 31 at See statement under "Annual Reports."- V. 70, p, 689.
New York Mills.— Stocfc Offered. — The company offers for
Hamilton, Ohio. Ttie balance sheet of the Mosler Safe Co.
sale at par and interest $200,000 of its §400,000 five per cent
is given under the heading "Annual Reports."— V. 70, p.
Chicago.
nesses in
689, 432,
cumulative stock, preferred as to dividends and assets; par
improve the Riverview power house.—See V. 70, p. 178.
Leavenworth Light & Heating Oo.— Fraudulent Bonds.—
p, 964,
Hudson River Gas & Electric Co.— Chanqe of Control. — value of shares $100. Subscriptions may be made in Utica
See United Gas Improvement Co. below.— V. 68, p. 824, 927. through George L. Bradford, at Oneida National Bmk; J.
Francis Day, for CJtica Trust & Deposit Co.— See V. 70, p.
Kansas City Electric Light Co —Incrpase of Stock.— The 743, 534.
capital stock has been increased from $150,000 to $2,500, OoO.
New York Suburban Gas Co.— Change of Control.—See
The company has absorbed by consolidation the Edison ElecUni
ed Gas Improvement Co. below. V. 68, p. 474; V. 69,
tric Light Co,
Preparations are being made to enlarge and
—
A
fraudulent issue of 140 bonds, for $1,000 each, is now in
circulation in Chicago. The bonds are described as a fair
copy of the $200,000 issue of IB'.n, and bear the name of the
" Leavenworth Light Heat & Power Co."
Liquid Air Companies. Warning as to Prospectus.—The
" Scientific American" on March 17, referring to a prospectus recently issued, said:
It Is our conviction that liquid air has never made a dollar for its
Investors along the lines which are indicated in the advertisBments of
such companies as the one in question. We recommend any of our
readers who are contemplating the purchase of liquid air stock to
r«^ad carefully the contribution, on the aooompaoying page, by Mr,
Hudson Maxim. In answer to the claim that "the use of liquid air in
the generation of power on laud and sea will rrfduoe the cost to onehalf of that now paid," Mr, Maxim shows that the "Teutonic" would
have to carry for a seven-days' voyage more than enough liquid air
to float the vessel Itself, and that the cost for a single trip across the
ocean would bo a meie nominal aum of .$174,560, this beins the
amount that it would cost to save about a half of the coal bill. While
it does not come within our province to advise correspondents who
have written us whether they should or should not Invest in liquid air
companies. It 1m strictly within our province to warn them that many
of tae claims that are made by these companies are impossible and
ridiculous.
—
New York (Bell) Telephone Co.— Increase of Stock. The
directors, it is stated, have decided to increase the authorized issue of capital stock from $16,000,000 to $30,000,000.—
V.
63, p. 229.
Reece Folding Machine Co.— New Enterprise—Stock OfThis company has been incorporated under the laws
ferei.
of Maine with $1,000,000 of authorized capital stock, in shares
of $10 each, to manufacture a new machine for folding colFrancis A. Shea of the Reece Buttonlars, cuffs, shirts, etc.
Hole Machine Co, is President, Frank L, Cady, Treasurer.
—
A
limited amount of stock will be offered for public subscription at $5 per share.
Standard Shoe Machinery Co.— Sale of Stock.— Prior to a
public offering, shoe manufacturers are offered the right to
purchase pr« f<arred stock at (par) |J5 per share, a bonus of
one share ($25) of common to be given with each share of
preferred stock allotted. The certificates will probibly be
Trust
ready for delivery about May 1. The Farmer*' Loan
York
Co. is transfer agent and the Morton Trust Co. of
V. 69, p. 1151.
is registrar.
&
—
||^*For otiier Investment Neivs seePase 850.
New
April
THE CHKONICLE.
28, 1900.]
jefr0rts
816
and ^ocnmtnts.
MEXICAN CENTRAL RAILWAY COMPANY, LIMITED.
TWENTIETH ANNUAL REPORT, FOR THE YEAR ENDING DECEMBER
Office of the
)
Mexican Central Railway Co., Limited. V
BosTON, April 16, 1900.
)
Railway
Company,
To the Stockholders of the Mexican Central
Limited:
Your Directors present tbe following Report for the year
ending December
;
completed in 1899 between Yurecuaro and Chavinda, a distance of 38-14 miles, but not added to the operating mileage
until January 1, 1900; and there have also been added 16-40
miles of new side tracks.
The total mileage of road on
was
as follows:
1,224-16
Main Line, City of Mexico to Oludad Juarez
Mexico City Bell Line
5 95
1-40
Santiago Branch, City of Mexico to Santiago
Pachuoa Branch, Tula to Paohuca
4381
11-56
Guanajuato Branch, Bllao toMarlll
161-21
Guadalajara Branch. Irapuato to Guadalajara
38-14
Zamora fixtenelon, Yurecuaro to Chavinda
5fS-41
Auieca Extension, Guadalajara to Ameca
406-93
San Luis Diviaion, Chlcalote to Tampico.
Branch to Companla Metalurglca Mexicans Smelter, San
31, 1899,
5-19
Luis Potosl
Bar Extension, Tampico to La Barra
Laguna Extension. Lerdo to San Pedro
Parral Extension, Jimenez to Parral.
621
3978
5t-60
2,054-35
211-61
Total
Mileage of side tracks
all
2,265-98
tracks
Attached to this report will be found a map showing the
Mexican Central and other railroads in the Republic of Mexico and steamship connections with Europe,
Havana and ports of the United States.
The Parral Extension, Jimenez to Parral, 54-60 miles in
length and the Mexico City Belt Line, 5-95 miles, were added
to the operating mileage January 1, 1899, making a total of
lines of the
COMPARISON OP EARNINGS,
TO
1885
1898 is made up as follows:
$1,175,680
On Local Freight Business
420,266
On International Freight Business
309,554
On Local Passenger Business
503
On International Passenger Business
On Baggage, Express, Telegraph and Miscellaneous
91,116
Busmess
The increase over
On
.
Total Commercial
Freight on Construction Material for
Years.
op'rai'd
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
year.
Per
ct.
of increase.
1235 90
1V!35'90
,
None.
None.
1235-90
1316-40 80-ftO
1461-85 145-45
1527-20 65-a5
1665-11 137-91
1S24-83 159-72
1846-64 21-81
1859-83
13-19
1^59-83 None
1869-60 09-77
195=>-tj6
8606
1955-68
2016-21
None.
60-55
Totals
780-31
None.
None.
06-51
11-05
04 47
09-03
09-59
01-19
00-71
None.
00-53
04-60
None.
03-10
Gross
Earnings.
$3,559 ,560 76
3,857 ,705 85
4,886 .578 67
5,774 331 31
6,337 ,225 38
6.425 ,694 08
7,374 ,538 02
7,963 ,253 69
7,981 768 31
8.426 ,025 28
9,495 ,865 68
10,208 ,020 39
12,845 ,819 48
13,588 ,9B6 02
15,602 ,065 22
Less
Construction
Material.
$26,741 07
None.
301.317 42
471,830 92
475,451 53
303,019 86
431.797 67
397,376 40
None.
Noae.
68,256 31
200,442 47
31,198 63
83,543 2^
99,5i?0 15
78
52
30
72
98
$1,997,122 30
15,976 90
new Extensions
$2,013,099 20
construction
of
freight
on
being 14-81 per cent, or exclusive
material 14-79 per cent.
A total increase, Mexican
Currency, of
DETAILS OF GROSS EARNINGS.
(Mexican Currency.)
Classification.
Freight
Passenger
Extra Baggage...
Express
Telegraph...
Miscellaneous
Inc. or Dec.
1898.
1899.
$11,981,272 82
2,779,944 40
$10,369,348 62 Inc. $1,611,924
310,058
2,4H9,886 44 Inc.
4,550
37,390 27 Inc.
35,164
303,560 23 Inc.
4 477
31,654 43 Dec.
55,880
377,126 Oi Inc.
41,940 59
338,724 53
27,176 44
433,006 38
20
02:
32
30
99
35
$13,588,966 02 Inc. $2,013,099 20
freight and passen08, or nearly threequarters of the total increase in commercial business.
Excluding from consideration the freight on construction
material, the percentages of local and International earnings
to the gross earnings in 1899 and 1898 compare as follows:
1899.
1898.
7020
6891
Earnings on local business
29-80
3109
Earnings on international business
$15,602.065 22
Totals
The increase in earnings on local
ger business amounted to $1,485,235
1899,
INCLUSIVE (Mexican
Currency).
Incr'se
Avfr'ge over
miles
prev's
$771,56120
$4,427,533 83
$5,199,095 03
Net Earnings
GROSS EARNINGS.
The Mexico City Belt Line, 5-95 miles in length, was purchased in January, 1899, and added to the mileage of road
and to the operated mileage the Zamora Extension was
Total mileage of
2,016-21 miles operated in 1899, compared with 1,955-66 miles
in 1898, an increase of 60-55 miles, or 3 10 per cent.
The operations for 1899 compare with those of 1898 follows:
Increase.
1898.
1899.
Mexican Currency.
$15,602,065 22 $13,588,966 02 $2,013,099 20
GroBsEamlngs
1,241,538 00
9,161,432 19
Operating Expenses.. 10,402,970 19
31, 1899.
MILEA.GE.
December
1899.
31,
Gross
Commercial.
$3,532,819 69
3,857,705 85
4.58d,2'i1 25
5,302,^)00 39
5,861,773
6,122,674
6,942,740
7,565,877
7,981,768
8,426,025
9.427.609
10,007,577
12,814,620
13,P05,422
15,502,545
8S
22
35
29
31
28
37
92
85
77
07
Increase over
previons
year.
324,886 16
727,5'>5 40
717,239 14
559.273 46
260.900 37
820,0(<6 13
623,136 94
415,891 02
444,256 97
1.001.584 09
579,968 55
2,807,042 93
69i>.801 92
1,997,122 30
Per
ct.
of increase-
09-20
18-86
15-64
10-55
04-45
13-39
08-98
05-5"
05-57
11-89
08-15
28
0."^
05-39
14-79
63-14 $124,327,418 14 $2,890,495 68 $121,436,922 46 $11,969,-25 38 338-82
Earnings] Increase Per cent of
per mile over pre- increase to
I
Operated, vious
$2,8 "^8 50
3,121 37
3,710 06
4,028 03
4.009 83
4,00'^ 08
4,169 54
4,146 07
4,322 32
4,530 33
5,06^^
5,352
6,= 5^
6,905
7,688
07
79
58
81
95
y'r.
87
69
920
75
46
47
25
21
54
72
1,199 79
353 23
783 14
$262
5M8
317
D.18
D.OO
160
D.23
176
208
538
2S3
decrease.
Inc.
Inc.
Inc.
09-20
18-86
Dec.
Dec.
00-45
00-02
04 -CO
00-56
04-25
04 82
11-89
05-60
22-41
05-39
11-34
Inc.
Dec.
Inc.
Inc.
Inc.
Inc.
Inc.
Inc.
Inc.
08-f=>7
$4,830 45 Inc. 168-99
be noticed from the foregoing statement that with On the same basis of exchange, therefore, as in 1898, the
an increase in operating mileage between 1885 and 1899 of expenses increased $1,417,179 49, with an increase in gross
63-14 per cent, there was an increase in gross commercial earnings of $2,013,099 20, and an increase in net earnings of
earnings of 338-83 per cent, or over five times the increase in $595,919 71.
The expenditures for maintenance of way were 19*36 per
mileage and the commercial earnings per mile operated
during the same period increased from $2,858 50 to $7,688 95, cent of the total expenses and decreased $86,272 73, of which
$29,234 99 was dile to lower rates of exchange. The decrease
or 168-99 per cent.
in this class of expenses was principally in repairs of
OPERATING EXPENSES.
bridges, the result ot heavy renewals and replacements durThe comparison of classified expenses with 1898 follows
ing the past five years, and in damages from washouts
(Mexican Currency.)
which in 1899 were only $4,053 01, a very favorable showing
Inc. or Dec.
Classification.
1899.
1998.
with previous years.
compared
Main. Way &Struo. $2,013,575 76 $2,099,848 49 Dec.
$6,272 73
There were 4,47018 tons of new 7o-pound steel rail placed
Main, of Equip
373,256 72
1,833,375 21
1,460,118 49 Inc.
Transportation and
in track on the Mexico Division, and 2,":il39 tons ot new
875,730 12
Traffic Expenses..
5,764,310 88
4,888,580 76 Inc.
pound steel rail placed in track on the San Luis
General Expenses..
78,823 89 75
791,708 34
712,884 45 Inc.
Division, a total for the year of 6,781-08 tons, or 57-33 miles.
Totals
$10,402,970 19 $9,161,432 19 Jnc. $1,241,538 00 Since the rail renewals were commenced, in 1896, track has
This statement shows an increase for the year of $1,241,- been relaid with 56, 66 and 75-pound steel rail, as follows
538 00, but the operations benefited in 1899 to the extent of
Tons.
Feet of Track
Weight of Rail. Division.
Year.
369,M02
7,263-980
Mexico
$175,641 49, owing to the lower average rate of exchange on 1896...
661b.
((
3,.'S07-107
210.426
56 1b.
the United States Currency Material and Expenses, which 1896...
it
95.6.'i3
1,878-910
661b.
in order to make a proper comparison with the previous 1897...
t*
1,<- 24-442
97,971
661b.
18S8...
243.080
year should be added to the expenses, as is done below.
4,774-791
San Luis
66 lb.
18 8...
198,834
4,470180
751b.
Mexico
1899...
(Mexican Currency.)
103,864
2,313-900
San Luis
1899...
75 1b.
Dec.
It will
;
:
:
Classification.
1899.
Main. Way & Struc. $2,042,810 75
Main, of Equip
1,862,645 53
Transportation and
Traffic Expenses
5,865,910 09
General Expenses.
807,245 31
Totals
$10,578,611 68
1898
$2,099,848 49 Dec.
1,460,118 49 Inc.
4,888,580 76
712,884 45
$9,161,432 19
Inc.
Inc.
Inc. or
$57,037 74
402,527 04
977,329 33
94,360 86
Inc. $1,417,179
49
Totals
—equal to 249*93 miles.
26,133-310
1,319,63a
THe tie renewals were 474,479. costing $510,116 78, compared
with 551,040 in 1898 at a cost of $573,460 26, making a total
of ties renewed from 1883 to 1899, Inclusive, of 5,241,329.
:
:
THE CHRONICLR
846
memorandum
In this connection the followina;
interest
Miles of road in operation 1899
Miles of side tracks 1899
will be of
2,016-21
211-61
-
2,227-82
Total miles of track
of track in service one year, 1880 to 1899,
32,555-45
inclusive
5,7el,6S9
Total numiier of ties used 1q original construction
Total number of ties renewed to end of 1899
5,241,329
Average number of ties renewed per mile per year
161
Per cent of renewals per year at 2,640 ties per mile
6-t98
Number of miles
During the year 1,303 feet of wooden trestle bridges were
taken out, the drainage diverted by ditching and the openings filled with earth; 1,045 feet were replaced by cast-iron
culverts; 672 feet were replaced by stone culverts: 1,572
feet were replaced by iron structures; making a total of
wooden bridging replaced by permanent structures or by ditching.
All bridges are being replaced, as far as practicable, with
permanent structures of stone or iron, or a combination of
the two; an^ only creosoted material is used when wooden
structures are rebuilt, insuring a bridge of at least twice the
life of one built with untreated timber.
The following shows the replacements of wooden bridging since January 1, 1895:
4,591 feet of
Filled
Replaced
and
with
Replaced
Replaced
Stone with Iron
Oulverts.
Bridges.
with.
Ab Hdoned. Iron
Pipe.
Feet.
LXX.
[Vol.
The expenditures for maintenance of equipment were
17-62 per cent of the total expenses and increased $:J73,256 72
over 1898. If the decrease of $29,270 32, account of exchange, be added, the total increase is $402.5^7 04.
The
expenditures for all items under this head ng. excepting
repairs of passenger cars, were greater than in 189H.
The repairs of locomotives include the cost of nine fireboxes, construction of nine tenders, driving tires for 25 engines and cylinders for five engines.
Repairs of freight cars include cost of rfbuilding 75 cars.
The repairs of floating equipment includn the cost of
heavy repairs to the tu? "Tampico" at
Orleans,
amounting to $11,233 93, atid the rebuilding of one lighter.
The expenditures for maintenance of equipment also include $160,360 00 (equivalent to $78,000 00 United States
currency) credited to Equipment Fund to provide for replacement of condemned and destroyed equipment.
The transportation and traffic expenses were 55*41 per
cent of the total and increased $875,730 12 over 1898, to
which should be added the decrease, account of exchange,
amounting to $101,599 21, making a total increase on the
same basis of exchange as in 1898 of $977,329 33. The floods
and other difl&culties at Tampico in 1898 caused an expenditure $177,176 91 for demurrage on vessels, which owing to
more favorable conditions did not occur in 1899, otherwise
all items in this class of expenses show increases over 1898,
New
2,818
8,800
5,927
12.216
4,591
caused entirely by the larger amount of tonnage handled,
both of revenue freight, and of Company material on
which no earnings accrue.
The General Expenses were 7-61 per cent of the total, as
compared with 7-78 per cent in 1898, but increased $78,823 89,
includiag a decrease of $15,536 97, account of exchange, so
14,925
2,047
3,751
34,352
entire line at the close of 1899 was as
follows: pile or trestle, ballasted deck (creosoted), 7.182 feet;
pile or trestle (creosoted), 18.337 feet; pile or trestle (uncreosoted), 29,976 feet; iron, 17,607 feet; total. 73,102 feet.
tbat the total increase in this class was $94,360 86.
Owing to the higher prices for mat*-rials which obtained
in 1899, all classes of expenses were increased in the latter
part of the year, and it is expected that they will be more
largely affe :ted by this cause in 1900.
Tear.
Feet.
1895
1896
3897
1898
1899
1.448
3,158
1.370
5,642
2,2v3
4,645
1,045
3,149
4,572
1,302
Totals
Feet.
Feet.
None
None
None
None
360
19 i
1,984
1,572
1,015
672
Total ft.
13,629
The bridging on the
STATEMENT SHOWING
U.
CURRENCY MATERIAL AND EXPENSES CHARGED IN THE OPERATING EXPENSES
AND YEARLY INCREASES OR DECREASES IN SAME OWING TO DEPRECIATION OR
S.
1899 INCLUSIVE,
TO
1891
APPRECIATION IN SILVER.
Premium.
United States
Ourrency.
rears.
Amount.
Average
Mex. Ourrency
Percentage
Equivalent charged
to Total
in the Expenses.
expenses.
Amount.
Rate.
1891
1892
I'- 93
1894
1895
1896
1897
1898
1899
$1,549,998 60
l,3t«6,065 68
1,213,270 38
1,089,472 37
929,677 49
1,048,481 21
Totals
128-83
143-16
160 04
192-69
1,447,53013
1,549,69182
2,157,927 47
188-65
209-39
214-41
206-57
$446,841 39
598.277 01
728,475 62
1,009,829 98
826,880 83
929,442 18
1,583,446 21
1,772,934 62
2,299,644 05
$12,372,115 15
182-41
$10,195,771 89
18894
Mex. Currency equiva- Mex. Cur. inc. or dee.
in eji)enses over
lent that wotdd have
been charged at prev- prev. year owing to
ions year's rate of dept eciatifin or av
'! preciat'n in Silver.
Exchange.
$1,996,839 99
l,984,34vJ69
1,941,746 00
2,099,302 35
1,756,558 32
1,977,923 39
3,030,976 34
3,322,626 44
4,457,571 52
42-67
39-67
37-80
38-45
31 38
29-33
34-33
36-27
42-85
$1,899,833 28
$22,567,887 04
36-99
$21,555,63113
1,822,62129
1,735,734 03
1,729,150 58
1,783,951 89
1,980,809 51
2,721,782 04
3,248,535 50
4.633,213 01
j
1
i
S
t
Inc.
Inc.
Inc.
Inc.
Dec.
Dec.
Inc.
Inc.
Dec.
!
$97,006 71
161.72140
206,01197
37<',151 77
27,393 57
2,886
309,194
74,090
175,641
12
30
94
49
Inc. $1,012,255 91
i
The United States Currency values of the stock of mateand fuel at the periods specified have been as follows
rial
:
December 31, 1892
December 31, 1893
December 31,1894
December 31, 1895 (excluding material
of
Ameoa
...
for construction
Extension)
AND EXPENSES.
(Mexican Currency.)
185>9.
1898.
Inc.orDec.
2.016-21
1,955^66 Inc.
60-55
Gross Earnings per Mile
$7,738 31 $6,948 53 Inc. $789 78
Operatmg Expenses per Mile
5,159 66
4.e81 57 Inc.
475-01
Net Earnings per Mile
2,578 65
2,263 96 Inc.
314-69
percentage Expenses to Earnings.
66-68
67-42 Dec.
00-74
Various changes in cl-assification increased the number of
^
Average „„
Miles operated
Cars" and correspondingly reduced the number of
I'l^^'^''^
Freight Cars" compared with 189^, but the only additions
to the equipment list in 1899 were thirty coal cars and one
Officer's car purchased and two sixty- foot baggage,
mail and
egress cars built at the Company's shops in Mexico.
_
The constantly increasing business of the Company neces-
sitating a further large addition to the equipment,
your
Directors, in 1899, authorized the purchase of 45 locomotive engines, 350 box cars, 100 stock cars, 50 coal cars, 50
flat
cars, 30 cabooses, 8 first class coaches, and 8
third-class
coaches, costing about $1,000,000, which it is proposed to
capitalize in 1900 by the issue of a second series of Equipment and Collateral b% Gold Bonds to that amount The
equipment was built and delivered to the Company and put
operation at various times during the latter part of the
past year and the early part of the present year. Pending
the negotiation and sale of the bonds, the advances for the
purchases have been arranged with bankers, and as the legal
transfer to the Company has not yet been effected, this
equipment is not included in equipment list in this report.
m
on Dec.
31, 1899,
Owned.
'
412 41996
419*652 45
""1
"' 369 184 80
^90 286 57
.'".'."
574',290 22
The increase in the stock of materials at tho close of 1899
compared with the balance at the close of the previous
year is due to purchases of material for construction of new
extensions.
The statistics of earnings and expenses for 1899 and 1898
compare as follows:
.
list
$855 835 90
699 73 87
Il^ll""!!"! 4871310 74
December 31, 189o\..
December 31,1897
December 31, 1898
December 31,1899
STATISTICS OF EARNINGS
EQUIPMENT.
The equipment
Locomotives— 4 wheel
6 wheel
8 wheel
10 wheel
Bogie
Mogul
Equipment Agreement of April 1, 1897.
Total.
7
7
5
5
48
78
15
2
11
Consolidation
was as follows
Acquired under
30
48
108
15
10
21
40
_206
2
Totallocoinotives
166
Passenger Cars— First class
Secoud class
Third class
Combination
Baggage, Mall and Express
Special
22
19
34
10
30
2
Officers
5
Pay
2
22
19
34
10
30
2
5
2
124
124
Total passenger oars
Freight Cars— Box
Fruit
Beer and Ice
Stock
710
2.344
8
8
3^8
2%
193
70
3«5
86
210
25
3S8
22
433
70
385
111
2.853
975
3.828
1,634
Wood
Coal
Coke
Flat
Caboose
Total freight oars
97
97
Sundry Cars— Water
Water and Coal
67
4
67
4
144
B^,nast
Wreoki n g
Pile Driver
Steam Shovel
f>
144
IS
5
1
1
Total sundry cars
234
234
IS
3,2ll
Total cars
976
4,186
Floating Ectulpment—
8teamTug"Tami>lco."450H. P.
Steam Tug '-Panuco," 223 H.P..
Lighters
1
1
1
I
13
IS
April
THE CHROJNICLE.
28, 1900.1
8t7
statement showing number of engines on equipment list, cars of 30 tons capacity, the entire cost of which has been
weight on drivers and average weight on drivers, for included in the operating expenses.
total
the years 1890 to 1899, inclusive:
No. of
Engines.
139
Date.
December 31 1890
December 31, 1891
December 31, 1892
December 31, 1893
December 31, 1894
December 31, 1895
December 31, 1896
December 31, 1897
December 31, 1898
December 31, 1899
,
146
148
149
149
152
161
206
206
206
Total Weight
o7i Drivers,
Average Weight
per hngineon
Drivers, in
in pounds.
8,619,055
9,475,055
9,895,055
10,105,055
10,105.055
10,200,055
11,160,055
16,701,055
16,701,055
17,201,455
pounds.
62,007
64,8^8
66,858
67,819
67,819
67,500
69,317
81,073
81,073
83,502
of freight cars on equip-
Statement showing the number
ment list, total tonnage capacity and average capacity per
car for the years 1890 to 1899, inclusive
Dale.
:
Average
Oapacity per
Oar, in tons.
16-48
16 61
16'63
16 63
Total
No. of
Freight
Cars.
Tonnage
Oipacity.
43,680
2,650
December 31, 1890
44,420
2.674
December 31,1891
44,435
2,671
December 31, 1892
44,465
2,673
December 31, 1893
44,500
16 62
2,677
December 31. 1894
18-49
49,465
2.675
December 31, 1895
19-55
57,075
2,919
December 31, 1896
22-56
3,845
86,745
December 31, 1897
22-95
87.540
3,813
December 31, 1898
23-49
3,828
89,905
December 31, 18i 9
has
been
increased
Since 1893 the number of freight cars
1,155, or 43 per cent, while the capacity has been increased
45,440 tons, or over 100 per cent, of which 10,790 tons, or
nearly 24 per cent, has resulted from the policy of replacing
condemned and destroyed cars of 15 and 20 tons capacity by
TAMPICO HARBOR.
The depth of channel entering the harbor of Tampico, as
shown by the last 1899 chare, is 27 4 feet on the outer bar
and 30 feet on the old inner bar. at mean high tide.
Various improvements have been made at the Tampico
Terminals, including tbe construction of 25 cottages at
Dona Cecilia for employes, an export warehouse, a dining
room, 2 bunk houses, shipways, and the addition of 2 lighters to the floating equipment. The wharf tr -cks have been
extended to facilitate switching, 12,000 feet of new sidings
laid in the yards, and a double track 4,528 feet 'ong, with a
new bridge, built between Tampico and Calle del Sol.
Owing to the scarcity of competent laborers at Tampico,
arrangements were made for the importation of 300 negroes
from toe Island of Inagua; 150 of these arrived at Tampico
in May and 150 in August, and they have proved very satisfactory in handling the stevedoring work.
The Government, realizing the importance of the port of
Tampico and the advisability of having proper facilities
there for tne handling of the increasing business, has decided
to replace the Custom Hous^ wharf, destroyed by fire in
February, 1898, with a permanent structure and on December 13, 1899, the Tompanv entered into a contract with the
Government for the construction of this wharf at the Government's expense. It is to be built of steel with a concrete
flooring, about one-half mile long, and when completed will
be one of the finest structures of the kind on the continent.
Below will be found a statement showing the tonnage and
value of exp)rts and imports, via the various seaports and
gateways of Mexico, for the years 1895 to 1899 inclusive
;
:
TONNAGE AND VALUES OF EXPOKTS AND IMPORTS VIA THE VARIOUS SEAPORTS AND GATEWAYS OF MEXICO.
(Values of Exports are in Mexican Silver.
Tampico.
Fiscal Tear
El Paso.
Values of Imports are In Gold.)
Vera Cruz.
IEagle Pass.
Laredo.
Other Ports
&
Gateways.
ending
June so.
Metric
Tons.
Yaltie.
Tons.
Value.
Metric
Value.
8,645
8,326
12,1V 6
8,952
,
7,'235
7,821
7,892
10,599
14.150
49,886
75,255
84,213
101,392
129,760
130,898
,
,
10,248
10,278
11,774
12,774
16,430
43,770
51,626
98,242
117,956
166,853
188,313
339,82
344.282
382.319
65
71
26
06
75
10
1,075,121 13
3,596,119 71
8,844,537 00
10,967,448 00
15,546,228 00
23,920,464 00
29,952,441 00
36,492,544 00
40,715,602 00
$869,480
879.895
762.896
719,789
658,022
718,125
513,927 15
757,029 08
2,649,993 00
2,492,084 00
3,t42,007C0
8,685,442 00
8,773,-.i75 00
7,417,665 00
8.223,017 00
$9,839,057
10,577,925
10,641,034
12,022,678
72,866 15,492,955
58,013 15,137,724
85,112 14,301,8.55
121,138 16,859,696
128,682 16,803,659
107,478 15,701,714
89,467 14,255,800
120,184 19,599,797
122,694 17.929.521
136,663 19.583.522
181,036 14,350,931
24
14
55
45
33
50
87
03
00
00
00
00
00
00
00
.^05,282 93
788,284 52
507,595 45
874,572 62
2,195,586 00
2,521.946 74
2.698,218 71
2,986,294 60
2,375,396 00
2,662,975 00
2,850,062 00
3,065,014 00
2.888,535 00
3,089.394 00
3,047,046 00
72,993 5,793,960 86 2,732,367
75,288 10,063,672 16 3,394,366
47,470
70,818
84,176 4,494,359 00 4,149,689
25.t02 2,878.887 00 1,748,426
2,386,451
28,430 12,571,977
1,228,658
35,494 2,677,525
4,710,415
122,100 2,910,359
2,271,828
101,881 4,302,119
3,146,119
108,760 4,321,935
The tonnage of exports and imports through Tampico and
El Paso for the year ending June 30. 1899, was 803,013, compared with 712,586 in the previous year, an increase of 90, 4^4?
tons, or 12'69 per cent.
The value of exports through all the ports and gateways
1899.
of the Republic for the fiscal year ending June 3
>,
amounted
Value.
Value.
Value.
Tons.
Exports
1885
1886
1887
1838
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
Imposts.
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
,
1898
1899
Total
Value.
Metric
16,764 $19,651,196 48 $1,440,902 71 $14,364,974 99 $46,670,845 00
17,511 17,425,828 17 1,337,916 24 12,6^7,867 61 43,64- ,717 39
17,467 20,168.149 32 1,424,028 91 15,688,225 56 49.191 ,«30 05
19,372 16,067,992 84 1,215,515 04 17.985,3«0 37 48.885,90'i 38
21,645 19,532,519 07 2,240,521 52 20,038,818 35 60.158 42.^ 02
28,059 20,115.353 85 3,047,864 71 20,958,373 79 62,499,388 69
28,676 20,533,460 73 3,332,243 57 21,335,495 33 63,276,395 34
30,194 26,463,287 39 4,847,371 77 20,714,945 45 75,4*^7.714 95
31,812 28,073,101 00 6,520,507 00 24,892,021 01 87,.509 221 00
38,100 22,977,800 00 4,601.913 00 22,431,377 00 79,343,287 00
43,425 27,413,009 00 3,016,000 00 27,773,8.=i4 00 90,854,953 00
35,257 22,354,298 00 3,311,273 00 32,766,056 00 l'i5,01b,902 00
32,749 22,484,633 00 3,701,086 00 34,390,278 00 111,346,494 00
44,692 27,779,298 00 4,158,675 00 37,860,316 00 1-^8,972,749 00
69,769 28,344,893 00 6,451,986 00 45,567,668 00 138.478,126 00
•
16,445,569 00 5,728,029 06
19,203,600 00 7,435,727 26
00
CO
8.811,041 2'^
11,164,264 39
40,024,894 32
52,018,t58 89
00
00
00
00
00
00
CO
00
00
00
Credit Balance of Miscellaneous Interest Account. .
$136,771 70
162,957
100,202
169,293
151,331
200,530
00268,658
00328,779
14,643 ,276
12,614 ,905
16,123 ,505
15,296 ,544
14,036 ,136
17,653 ,750
21,118 ,723
00 9,012, 965 00
00 3,990, 777 00
00 3,449, 802 00
00 .^,868, ^^56 00
00 4,693, 818 00
00 4,892, 198 00
00 5.617, 929 00
8,462,849
6,562,410
5,826,698
7,496,813
7,080,092
7,065,934
8,441,471
43.413,131
30.287,489
34,000.44
001 42,253,938
00 42,204,0^5
00 43,603,492
00 5t', 869,194
Less:
$3,122,175 91
Net Cost
Deduct
:
Tampico Harbor Company Terminal Mortgage 5%
Bonds received in settlement of advances to De2,769,563 07
cember 31, 1893, amounting to
Mexican silver, of which .55.066,533.
$352,612 84
Balance due Railway Company December 31, 18&9.
or 39-77 per cent, was through Tampico and El Pasn and
the Railmade
to
of
bonds
can
be
further
issue
the value of the imports through all the gatewaj s and ports for which a
to $138,478,126
;
of the Republic for the .same period amounted to $50,869,194
gold, of which $12,544,952, or 24.66 per cent, was through
Tampico and El Paso, in addition to which a coosiderable
amount of exports and imports via Eagle Pass was delivered
to and received from the Mexican Internat'l RR. at Torreon.
The above figures show the importance of the Mexican
Central Railway to the industrial interests of Mexico, and
the development it is instrumental in accomplishing.
The following is a statement o: the cost in United States
currency of the Tampico Harbor Company works and property to December 31, 1899, all of which has been advanced
by the Mexican Central Railway Company, Limited.
Preliminary Expenses
General Expenses
Engineering
Construction of Jetties
Wrecklngand Dredging
Office and Headquaiters Buildings
Real Estate
KaUroad Extension to LaBarra
Tracks at DofiiCecilia
Tampico
Wharves and Docks
Floating Equipment
Traolis at
Bond interest
Subsidy Expenses
,
$3.29^ 38
70
78
94
93
42
43
33
26
90
14.^,189 8*
68,.'05 06
357,lol 85
1,822 80
83,1':9
-
77,674
2,04 8,658
62,673
13,487
44,153
279,983
53,058
22,258
$3,258,947 61
way Company
in settlement.
FINANCIAL.
The Income Accounts for the years 1899 and
United States currency, compare as follows:
1899.
1898.
1898, in
I?ie.orDec.
$2,516,96140 $2,062,804 57 /nc. $454,186 83
Net Earnings
Interest on Bonds and
other charges, less
2,476.027 21 Dec. 58,264 14
Miecellan's Interest.. 2,417,763 07
Surplus
Deficit
Inc. $512,420
$99,198 33
97
$413,222 64
This surplus your Directors decided to transfer to the
credit of the Equipment Fund for the replacement of condemned and destroyed equipment, and the transfer has
been made as shown by the income Account. AVith increasing age of the original equipment, your Directors
believe it to be sound and conservative managementto
replace worn-out and light with new and modern equipment, instead of keeping in repair old at a heavy expense.
The maximum price at which the Company sold Mexican
silver dollars in 1899 was 49-94 cents, and the minimum was
47-01; the average for the year being 48-41 cents, as against
46-59 cents in 1898, an average increase of 1-83 cents, United
States currency, per dollar.
,
.
THE CHRONICLE.
848
The gain to the company in 1899 from this increase in the
value of the dollar amounted to $170,906 12, United States
currency, being a gain of $93,904 46, United States currency,
for each cent of appreciation in the gold value of Mexican
silver dollars.
The following
is
the statement of the Subsidy Trust
Fund
[Vol.
LXX,
During the year the headquarters of the Chihuahua Diwere moved from Juarez City to Chihuahua, in order
that the Superintendent of the Division may be more cenvision
trally located.
Owing to the difficulty experienced in former years in obtaining and keeping sufficient laborers in the hot country
between Las Canoas and Tanipico, arrangements were made
in 1899 for 434 Chinese laborers from Hong Kong; 182 of
STATEMENT OF SUBSIDY TRUST FUND, BOSTON SAFE DE- these arrived at Tampico in February and 252 in March,
POSIT AND TRUST CO. TRUSTEE. FOR THE YEAR 1899.
and the Company was fortunate in securing these laborers
at the time it did, on account of the extensive work
(United States Currency.)
progress on the San Luis Division.
Balance In hands of Trustee, Deo. 31 1898.$2,121,147 79
A recent analysis of the payrolls in Mexico shows that men
113,879 85
Interest received during the year 189 J
$2,235,027 64 of twenty different nationalties are in the service of the
Less:
Company, and out of a total of 10,764 men, 8,770, or over 80
Trustee's compensation one year to Dec!
per cent, are Mexicans, which is in accordance with the Com$2,50000
ls.99
61,391 35
Loss on Securities sold
pany's policy of employing native labor wherever practicfor the year 1899:
m
,
Withdrawn
from
—
Fund and
paid to Railway Company, in
accordance with terms of
Trust Indenture, based on
estimate of operations, show$225,000 00
ing deficit for 189P
Less amount overdrawn, account of deficit to Dec. 31,
1899. returned by Railway
175.777 36
Company
able.
The Medical Department, under the Chief Surgeon, Dr.
H.
49,222 64
$2,121.913 65
Balance in hands of Trustee Dec. 31, 1899
The amount
113,113 99
of Interest collected for ac-
count of the Trust during the year was.
Less: Trustee's compensation
Loss on securities sold
$113,879 85
$2,500 00
61,39135
Showing the net income of the Trust during the year 1899 to have been
63.89135
$49,988 50
an everage rate
S. Squires, has continued to give satisfactory service.
In April, 1899, the new hospital at La Barra was finished
and furnished, and was opened May 1 for the reception of
patients. This building, which cost, including furnishings,
$83,704 15, Mexican currency, is built of brick, practically
fire-proof, and is arranged and furnished in the most approved manner.
Work was commenced in November on a
new hospital at Aguascalientes.
On May 1, 1899, Mr. E. E. Styner. formerly superintendent of the San Luis Division, and who has been in the service of the Company for many years, was appointed General
Superintendent of the entire system.
General Felipe B. Berriozabal, Minister of War, a member of President Diaz's cabinet, and a distinguished citizen
and soldier of Mexico, died at the City of Mexico, January
9. 1900.
He was (jlovernment representative in the Board of
Directors of this Company at the time of his death and had
served in that capacity since the company was organized,
excepting during about two years in 883 to 1885. In accordance with our concession, President Diaz has appointed as
his successor M. de Zamacona e Ynclan, Postmaster General
of Mexico.
The result of operations for the past year, as will be seen
of 2*36 per cent.
Exclusive of the loss on securities sold, the net receipts
during the year amounted to $111,379 85, or 5*25 per cent.
The $225,000 standing to the credit of Income Account at
the close of the year is an amount vs^ithdrawn from the Subsidy Trust Fund based on a statement of operations (those
for the latter raonths of the year being estimated) which
anticipated a deficit for the year, but as the actual results
show a surplus, the amotint withdrawn will be repaid to
c)he Fund in 1900, with interest from the date of withfrom an examination of this report, have lieen very satisdrawal.
factory, and the outlook f 3r the present year is promising.
At the time the settlement was made with the GovernThe Comptroller's report following gives the Balance
ment, $6,122,646 37 of the proceeds were invested in Priority Sheet and Income Account of the Companv in United States
Mortgage 5 p. c. Bonds to the par value of $5, .'$97,000. This is Currency, and detailed statements of the Earnings and Exan investment by the Trustee for the same purpose as the penses in Mexican Currency.
Subsidy Trust Fund, amounting, as stated above, to $2,121,Respectfully submitted by order of the board.
913 65, in addition to which is the $225,000 referred to above
A. A. ROBINSON, President.
as repayable to the Trust Fund, so that the security at the
end of 1899 for payment of the interest on the Consolidated
Mortgage Bonds amounted to .$8,469,560 02 in addition to net
1
COMEPTROLI^ER'S REPORT.
earnings.
Boston, March 30, 1900.
IN GENERAL.
the
Directors
the
Mexican Central Railway Company,
of
Construction work on the new extensions, referred to in To
Limited,
the last annual report, has progressed satisfactorily during
the year. On the Zamora Extension 38-14 miles between Gentlemen:
I hereby certify that the Treasurer's accounts have been
Yurecuaro and Cbavinda were completed and turned over
to the operating department January 1, 1900. Twenty-five examined for the year 1899 that he has correctly accounted
additional miles on the various extensions had been com- for all funds received, and has proper vouchers for all displeted on April 1, 1900, and by the close of the present year bursements, and that, at the close of the year, the cash
there will probably be a further addition of 115 miles.
assets and securities in hand corresponded with the balances
To avoid washouts in rainy seasons, the track level on shown on the General Ledger.
various embankments has been raised above high water
Herewith I present the General Balance Sheet for the
mark, covering about ninety kilometers of track on the fiscal year ending December 31, 1899, with statements of
San Luis and Chihuahua Divisions.
Income Account, and Earnings and Expenses in detail for
On the Mexico Division a new station building has been the same period, all of which are made up from, and agree
built at El Castilo. A restaurant at La Barca. which was with, the books of the Company. The accounts of the Comdestroyed by tire, has been rebuilt, a new round house and pany in Mexico are kept in Mexican currency, but in transnew turntable have been constructed at Aguascalientes and ferring them to the General Balance Sheet and Income
new section houses at Villalobos, Chica, Mariscala and Account they have been reduced to, and are shown at, their
Chintepec.
equivalents in United States currency.
On the Chihuahua Division new turntables have been
Respectfully submitted,
erected at Chihuahua and Bermejillo, new cotton platforms
J. T. HARMER,
at Linares, Jameson and Pilar, and a wall built around the
Comptroller.
Chihuahua shops.
On the San Luis Division at Tamasopo a new station has
been built, a new coal chute and trestle, new engine shed,
MEXICAN CENTRAL RAILWAY COMPANY, LIMITED.
2 new cottages and 3 new buildings containing rooms for
Income Accoitnt fok the Year 1899.
employes. At Cardenas anew warehouse has been constructed, 25 new cottages for employes, a new reading-room and
( United States Currency.)
CREDIT-^
an extension to the dining-room. Fifty new section houses
$175,777 36
Balance from 1898..
have been built at Las P^lmas, Coco, Tulilo, Chila, Tomesi Net
2,516,981 40
Earnings for the year
River bridge, Velasco and Chijol. A watchman's house has Miscellaneous Interest Acc't for the year 187,109 82
also been built at the Tamesi Uiver biidge and new pump- Received from Subsidy Trust Fund, in
accordance with terms of
houses at Velasco and Mendoza.
Trust Indenture, based on
Improvements have been made to the water service on
estimated Deficit in 1899.. $225,000 00
the Mexico, Chihuahua and San Luis Divisions, including a Less: Amount overdrawn,
account of Deficit to Dec.
new reservoir at Encarnacion, a new reservoir at Las Canoas
31, ] 898, returned to Trust
and a four-inch cast-iron pipe line 19,500 feet in length
175,777 36
49,222 64 $2,929,07122
Fund In 1899
between Las Canoas and kilometer 448, and the reservoir inContra creased at Cardenas by raising the dam.
$5,628 28
Deficit in Premium Account for the year
During the year the following track was thoroughly bal Tampico
Harbor Company Rental
140,019 61
lasted with broken rock or volcanic cinder On the Mexico One year's Interest on Equipment and
45,625 00
Collateral 5% Bonds
Division, ]5'98 miles; on the Guadalajara Division, 4-72
One year's Interest on Mortgage Bonds.. 2,413,600 00
miles
on the Chihuahua Division, 8-23 miles
on the San Surplus
for year 1899 transferred to the
Luis Division, 37-«l miles, a total of 66-74 miles, and makcredit of Equipment Fund for reolace;
:
;
;
ing a total of track ballasted in the last five years of 172- 10
miles, at a cost of $669,796 75 Mexican currency, which has
been charged to Construction Account,
of condemned
equipment
ment
and
destroyed
CREDIT BALANCE carried forward to
99,198 33
1900
2,704,07122
$225,000 00
April
THE CHRONICLE.
28, 1900.]
849
MEXICAN CENTBA.L RAILWAY COMPANY, LIMITED.
Qenbbal Balance Sheet, December
31, 1899.
(United States Currency.)
ASSETS.
LIABILITIES.
CONSTRUCTION AND EQUIPMENT
EQUIPMENT AND COLLATERAL TRUST:
$143,297,050 19
999 483 38
574|290 22
BOSTON SAFE DEPOSIT & TRUST CO.. TRUSTEE
Cost of $5,597,0(10 t% Priority Bonds purchased for
:
$6,122,646 37
Investment of Subsidy
Balance ot Subsidy Trust Fund in their hands De2,121,913 65
cember 31, 1899
8,244,560 02
Cost of $550,000, par value, Mexican Cy.. purchased with Subsidy money and deposited with
Banco Naoional de Mexico In lieu of an equal
amount of Subsidy Certificates held as a guarantee
to the Mexican Government under the Company's
concessions
Cost ot $85,000, par value, Mexican Cy., deposited
with the Banco Nacional de Mexico and Federal
Treasury as a guarantee to the Mexican Government under various Concessions and contracts...
TAMPICO HARBOR COMPANY BONOS
105,705 10
16,092 78
:
I,702,n38 07
AND ACOOUNTS RECEIVABLE
In transit to Boston
EQUIPMENT AND COLLATERAL BONDS CALLEU:
96,476,212 50
Redemption value of $50,000 00 Bonds
called for payment, for which fuuds
have been deposited with the Old
Colony Trust Co Trustee
COUPONS AND ACCRUED LIABILITIES:
$32,280 00
Coupons overdue, not presented
1,219,300 00
Couponsdue Jan. 1, 1!)00
1 1,270 4i
Int.on Bonds accrued to Dec.31, 1899.
Tampico Harbor Company Rental and
Parttal Payments account of Equip61,710 00
ment accrued to Dec. 31, 1899
50,000 00
,
Mortgage Terminal f>% Bonds of the Tampico
Harbor Company received in settlement of advances to that Company to December 31, 18^3,
less amounts redeemed and cancelled by the* operation of the Sinking Fund and the sale of Government Subsidy Bonds, costing
On hand and in Banks.
00
52,300 00
dated Income Bonds
Second Consolidated Income Bonds... 11,266,000 00
Registered Income Bonds and Scrip..
4u5,'200 00
Five Per Cent Equipment and Col900,000 00
lateral Gold Bonds
,
First
DEC.
$.5,597,000
60,611.000 00
First Mortgage Bonds, not converted
Consolidated
Mortgage
Bonds..
341,000 00
into
First Mortgage Bond Scrip, exchange12,012 50
able into First Mortgage Bonds
Ten Per Cent Coupon Notes and Scrip
700 00
(ceased to bear iut April Ifi, 1889)...
17,291,000 00
First <!onsolidated Income Bonds
FirstjConsolidated Income Bond Scrip,
exchangeable into First Consoli-
MEXICAN GOVERNMENT BONDS:
CASH BALANCES
$47,940,100 00
Five Per Cent Priority
M ITERIAL.'FUEL'ANirSUPPLiES ONHAND:""
BILLS
CAPITAL STOCK
BONDED DEBT:
Bonds
Consolidated Mortgage 4% Bonds
Cost ot equipment acquired uuder agreemeDt of Apr.
1, 189V, with the old Colony Trust Company,
-.
........
Trustee
914,848 75
31, 1899:
$1,589,277 40
17,000 00
1,606,277
NOTES PAYABLE
40 VOUCHERS, PAY-ROLLS AND ACCOUNTS PAYABLE
1,324,5P0 44
1,895,000 00
:
including wages and salaries for the
month
of
December
MEXICAN GOVERNMENT SUBSIDY PROCEEDS..
EQUIPMENT FUND:
Balance of amount set aside to replace
condemned and destroyed equipm't.
INCOME ACCOUNT
974,404 06
8,350,265 12
225.303 79
:
225,000 00
Balance to Dec. 31, 1899
$157,460.845 91
Total
$157,460,045 91
Total
ALLEGHENY & WESTERN RAILWAY COMPANY.
NEW YORK STOCK EXCHANGE.
APPLICATION TO LIST SECURITIES ON
New
York, April
The Allegheny & Western Railway Company hereby makes
application to place on the regular list of the New York
Stock Exchange $'3,000,0 )0 of the First Mortgage Guaranteed
Four per Cent. Gold Bonds, Nos. 1 to No. 2,0J0 inclusive., for
$1,000 each, and 28,5 lO shares of the Guaranteed Capital
Stock, amounting to $3,850,000.
&
Western Railway Company was consolidated with the Jefferson & Allegheny Railway Company
under the name of the Allegheny A Western Railway Company, by Articles of Merger and Consolidation dated December 39, 1897, and filed in the office of the Secretary of the
Commonwealth of Pennsylvania on January 33, 1898.
The Capital Stock of the new Company consists of 35,000
shares of $100 each, amounting to $3,500,000. of which 38,500
shares, amounting to $3,850,000 have been issued. The Capital Stock issued was all paid in in cash, $2,000,000 having
been subscribed for at par and $850,000 at One Hundred and
Fifteen per Cent. To provide the amount required for the
The Allegheny
PASSENGER EQUIPMENT.
13, 1900.
6
2
2
2
12
passenger coaches, Nos. 45 to 50, inclusive
$51,628 61
18,621 46
chair oars. Nos. 75 and 76
combination cafe and baggage cars, Nos. 90 and 9 1.
20,221 46
ll,2t>0 10
baggage oara, Nos. 16 and 17
$101,761 63
Total
LOCOMOTIVES.
$54,302 11
5 passenger engines, Nos. 190 to 194, inclusive
20 freight engines, Nos. 200 to 20J, inclusive, and 214
225,488 29
to 223. inclusive
.,
25
$^79,79040
Total
Grand
$972,193 62
30, 1898, with the Pitts-
total
By an Agreement dated September
& Western Railway Company and the Buffalo Rochester & Pittsburg Railway Company —a copy of which is subburg
—
mitted use is secured of the Pittsburg & Western lines,
betweenButler Junction, Pa., and New Castle. Pa., a distance
of 43*54 miles, at an annual rental equal to Five per Cent
completion of the line, outside of the subscriptions to the interest on half the cost of the road used, and a proportion
Stock, the Company executed a Mortgage, dated October 1, of the cost of maintenance and operation based on wheelage;
also between Ribold Junction, Pa., and Allegheny City, Pa.,
1898, and a Supplemental Mortgage, dated April 5, 1900, to
the Guaranty Trust Company of New York (a copy of which a distance of STIO miles, at a fixed rate per car. The minimum rental under this contract amounts to $152,000 per
is herewith submitted), to secure an issue of $3,500,000 of
annum.
By a decree of the United States Circuit Court for
Four per Cent One Hundred Year Gold Bonds ( with privilege
the
Western
District of Pennsylvania the Pittsburg &
of registration as to principal) of $1,000 each, dated October
Western Railway will be sold subject to this contract,
1, 1898, payable October 1, 1998, interest April and October.
Under date of October 1, 1898, the Allegheny & Western
$3,000,000 of the bonds have been issued, and the remaining
was leased to the Buffalo Rochester & Pittsburg
Railway
Nos.
$500,000,
3,001 to No. 3,500, are reserved by the Trustee,
for the full term of its corporate existence.
Railway
Company
and can only be issued should the Company constract a line
The
Lessee
guarantees
the interest and principal of. the bonds
from Butler Junction to New Castle, Pa.
The Company owns a standard-gauge railroad, extending and dividends on the stock at the ra^e of Six per Cent per
from a point on the line of the Buffalo Rochester & Pitts- annum, payable semi-annually the first day of January and
burg Railway Company, at or near Clayville, in Jefferson July, in, United States gold coin of the present weight and
County to a point connecting with the Pittsburg & Western fineness, free of taxes, at the office of the Buffalo Rochester
Railway, and tbe Pittsburg Bessemer & Lake Erie Railroad, & Pittsburg Railway Com oany, in the City of New York.
in Butler Township, Butler County, all in the State of Penn- The following guaranties are endorsed on each bond and on
the face of each stock certificate:
sylvania, a distance of about sixty miles.
The main track is laid with steel rails of one hundred
GUARANTY ENDORSED ON THE BONDS.
pounds to the yard. The viaducts and bridges are of steel,
For value received, the Buffalo Rochester <& Pittsburg Railway Oomand the abutments, piers and culverts of solid stone masonry pttty hereby guarantees to the oio iter or holder of the within bond the
built in the most substantial manner, and designed to carry payment of the principal and interest of said bond when and as due,
the heaviest class of rolling stock. The Company owns the accordinn to the terms thereof.
BUFFALO BOORESTER X- PiTTSBVRG RAILWAY OOilPANT,
following equipment:
President.
By
FREIGHT CARS.
GUARANTY ON THE STOCK.
260 box oars, consecutive Nos. 500 to 749, inclusive ... $153,998 47
350 double hopper gondolas, odd Nos. 11,203 to 11,901,
Inclusive
227,490 37
350 double drop bottom gondolas, consecutive Nos.
5,300 to 6,649, inclusive
176.168 34
50 coke cars, conseoutive Njs. 13,101 to 13,150
32,984 41
1,000
Total
$590,641 59
Rochester <6 Piltsburq Railway Comholder of this certificate the payment of Three Per Cent in United Slates gold coin of the par value
of t/ie slock represented thereby on thefirat diy of .January and July in
each year, in accordance with the terms of a certain lease dated October
1 1898.
For
valuf. received, the Buffalo
pany hereby
guai'anlees
to
the
'buffalo ROCHESTER A PITTSBURG RAILWAY COMPANY,
President.
By
,
:
:
—
;
THE CHRONICLE.
850
[Vol.
LXX.
&
Transfer Agents, A, Iselin
Co., 36 Wall Street, New York;
Register of Bonds and Capital Stock, Guaranty Trust Company of New York, 65 Cedar Street, New York; principal
ASSETS.
Dr.
$3,68''.460 96 office, Ridgway, Pa.
Cost of road
972,193 62
Certificates of the Guaranty Trust Company are herewith
Cost of equipment
filed, showing that $2,000, OOObonds have been signed by it
$4,6<. 0,654 58
Cost of proprietary roads
as Trustee, and that ii; has registered 28,500 shares of Capital
$151,545 37
Allegheny Terminal Company
Stock, amounting to $2,850,000.
05
37,800
Current assets: Cash
Copies of the Ipase dated October 1, 1898, and a contract
$4,850,000 00
dated
January 15, 1900, between the Allegheny & Western
LIABILITIES.
Or.
$2,850,<-00 00 Railway Company and the Buffalo Rochester & Pittsburg
Capital stock
Railway Company; certified copy of a resolution of the
Funded debt:
2.000,000 00 Board of Directors of the Allegheny & Western Railway
First Mortgage Bonds, Four per Cent, due 1998
$4,850,000 00 Companj^ authorizing issue of bonds; certified copy of artiThe line was completed in the autumn of 1899, and has cles of merger and consolidation of Jefferson & Allegheny
Western railways; certificate of Secretary
been operated by the Buffalo Rochester & Pittsburg Railway and Allegheny
of State of Pennsylvania, as to increase of Capital Stock from
Company since January 1, 1900.
Toe earnings of the Buffalo Rochester & Pittsburg Rail- $2,500,000 to $3,500,000; certified copy of proceedings of the
way Company for the two months ending February 28 (in- stockholders of the Buffalo Rochester & Pittsburg Railway
cluding Allegheny & Western Railway Company) were as Company at meetings held December 21, 1898, and January
8, ]9i)0, to vote upon the guaranty of the stosk and bondg
follows
and the lease of the Allegheny & Western Railway; opinions
1899.
1900.
$558,f 09 01 as to the validity of the organization, mortgage and lease of
$772,005 74
Earnings
381,649 18 the railway are herewith submitted, togethes with certifiExpenses
462,866 47
$176,939 83 cate of engineer and map of the line; also copies of the report
Net earnings.
$309,139 27
of the Buffalo Rochester & Pittsburg Railway Company for
$217,247 88
$143,841 11
Fixed charges
Extraordinary exp.
22,962 40
3,378 35
the year ending June 30, 1899, and samples of bonds and
The condensed balance sheet
was as follows:
of the
Company on February
24, 1900,
:
&
.
,
.
,
.
147,219 46
210,210 23
$68,928 99
Directors of the
Company:
"
$29,740 37
H
;
John
F.
ALLEGHENY & WESTERN RAILWAY COMPANY.
By
Arthur G. Yates, Rochester,
N. Y.; Adrian Iselin, Jr., Oscar Grisch, Joseph Lee, J.
Hocart, C. O'D. Iselin, all of New York City; H. L. Moore,
W. W. Ames, J. N. Troxell, J. M. Grosh, John G. Whitmore,
J. N. At well, Jr., all of Ridgway, Pa.
OfiBcers of the Company: President, C. H. McCauley, Ridgway, Pa Vice-President, Arthur G. Yates, Rochester, N. Y.
John G. Whitmore, Ridgway, Pa.; Treasurer, C.
New York City; Assistant Treasurer and Auditor,
Dinkey, Rochester, N. Y. Chief Engineer, J. M.
Secretary,
O'D. Iselin
certificates of stock.
,
;
Floesch, Rochester, N. Y.
C. O'D. Iselin, Treasurer.
The Committee on Stock Lists recommends that the abovedescribed $2,000,000 First Mortgage Four per Cent Guaranteed Gold Coupon Bonds of )998 for $1,000 each, Nos. 1 to
2,000 inclusive, and $2,850,000 Guaranteed Capital Stock, be
admitted to the list.
Aaoptea by ihe Governing Comimttee, April 25, 1900.
Note. The earnings for January and February given
above have since been supplemented by the figures for
March which will be found in our earnings tables on page 837.
—
together with large cash asset s, and owns an extensive plant situated
Singer Sewing Machine Mannfactnring Go.— Purchase.
at Derby, Conn. This company controls 80 per cent of the stocks of
The company has bonght at a price supposed to be between some
seven corporations, together with that of the Columbian Elec$500,000 and $600,000 the six-story building 155 and 157 tric Car Lighting & Brake Co., which holds In its treasury nearly all of
Broadway, adjoining the Singer Bailding at the corner of the stock of the United Electric Co.— V. tJ8, p. 185.
Liberty St. The purchase is made with the idea of ultimate
United Gas Improvement Co.— Control Purchased. The
improvement, altnough plans in that direction have not yet company has bought
a controlling interest in the Hudson
asenmed definite form. The company has been expending River Gas & Electric Co. and the New York Suburban Gas
also a large snm on a new factory at Elizabeth, N. J. This
Co. These acquisitions were made from the proceeds of the
factory, it was stated, would accommodate about 1,000 workrecent issue of $7,500,000 capital stock. With previous purmen, increasing the company's facilities about 20 per cent.
chases they place the company in almost complete control of
Dividend, —The quarterly dividend paid April 1 on the
the territory adjoining New York City, except on Long
$10,000 000 capital stock was 5 per cent.
In April, 1898, the Island.
quarterly rate, theretofore 1%. Per cent (30 per cent yearly),
Offer Rejected.— See New England Street Ry. Co. above,
was raised to 10 per cent. About a year ago a cash dividend
" Railroads."— V. 70, p. 799, 748.
under
of 50 per cent was paid. V. 66, p. 761.
United
States Mining Co.— Assents. About 75 percent of
Standard Electric Co. of Cilifornia.—JIfor/gragie The
the bondholders, it is said, have consented to relinquish the
company has filed a mortgage to the Mercantile Trust Co. option to purchase the company's stock at
$17 50 per share*—
of New York as trustee to secure an issue of $5,000,000 of 5
V. 70, p. 538, 433.
per cent gold bonds dated Sept. ], 1899, (interest M. & S.).
Utica Knitting Co.— Bonds 0/ered!.— The Utica Trust &
due 1937, but subject to call before maturity. The capital
Deposit
Co. is offering at par and interest a block of the
stock is $5,OCO,000, all common and all outstanding. The
company was incorporated in February, 1899, and absorbed $300,000 first mortgage 5 per cent geld bonds, due Jan. 1,
the Blue Lakes Water Co., the Stockton Water Co. and the 1920, but subject to call at 105 for an annual sinking fund of
electric system of the California Exploration syndicate. $15,000; denomination $1,000, coupons payable Jan. 1 and
Prince A. Poniatowski is President and William H. Crocker July 1 in New York City or Utica. The proceeds are to
Vice-President. Office, Crocker Building, San Francisco.— be paid out on account of the building and equipment of a
new spinning mill and for the extension and improvement of
V. 69, p. 554.
the plant. The Audit Company of New York certifies that
Standard Oil Qa.— Surplus.— Kt Cleveland on April 25
the valuation of the property when these expenditures shall
Virgil P. Kline, counsel for the company in the suit of James
have been made will be in excess of $800,000.
Corrigan against John D. Rockefeller, stated that the capiWashburn Wire Co.— Incorporated.— The $1,500,000 stock
tal stock is now only $97,500,000; the surplus, he admitted,
amounts to $35,000,000. These admissions were drawn out has all been underwritten and the company was incorporated
by the claim of the opposing counsel that the capital had on April 23 under the laws of Maine. The company is pre-
—
—
—
—
been increased to $147,500,000.— V. 70, p. 538.
William R. Trigg [Sbipbuilding] Qo— $800,000 Preferred
jSf ocfc.— Subscription
books have been opened at Richmond at the First National Bank and the Virginia Trust Co.
for subscriptions to an issue of $800,000 of 7 per cent preferred stock. The " Richmond Dispatch " says
"The plant is to be greatly enlarged at once in order to ftuild the
two revenue-cutters for which the contracts were recently obtained.
The Government has already given the Richmond plant $/i,300,000 of
:
work, and other large contracts are expected during the current year.
Since its establishment the company has been invited to submit proposals on vessels, amounting in the aggregate to about $b6,000,0t0.
Under the new articles of incorporation as just filed the
total authorized capital stock is $2,000,000.
Tripler Liquid Air Co.— Prospec^ws.- See "Liquid Air
Companies" above.— V. 70, p. 433.
United Electric Co.— Official Statement. -Fresident James
L.
paring to erect a large wire plant at Worcester, Mass. Chas.
G. Washburn, formerly of the Washburn & Moen Mfg. Co.,
will be President.— See V. 70, p. 487.
Xelton Co. Protective Committee. The stockholders' protective committee has sent out a circular saying that a majority of the shareholders have assented in writing to an agreement providing for the deposit of their shares with the City
Trust Safe Deposit & Surety Co. " for such use as the committee may think best." in the interest of the stockholders.
An assessment of 50 cents a share must be paid on or before
April 21 at the said Trust Company. The Xelton Co. is one
of the enterprises in which the bankrupt firm of Stahl &
Straub was interested. The members of the committee are:
Amos W. Bacon, Qustav Rumpf, John F, Anderson, Philip
Rosenbach and bidor Kitsee, the inventor of Xelton patent.
These men, it is stated, represent 3,300 shares, being 27)^ per
cent of the total number outstanding.— V. 68, p. 1228.
—
Watson makes the following statement
In view of the fact that there seems to be some misapprehension
among the holders of United Electrlo Oo. stock, certain holders of the
stock being under the impression that an amalgamation has been ef
feoted with the Consolidated Railway Electrlo Lighting & Equipment
Oo. without notice to them, I therefore state as ioUows:
No proposition ha« ever been made to the United Electric Co. looking to a coDHOlidatlon with any other company, the status of the com£any remaining as heretofore. The Consolidated Railway Electric
iBhtlng & Equipment Co. is a corporation controlling the Railway
Triplex Ticket Co., a carriage hardware and drop forging bualnesB,
—
&
Co., of Philadelphia, offer to investors,
Graham, Kerr
as advertised in another column, a choice selection of Pennsylvania securities bearing from 3)^ to 6 per cent^nterest.
Co. will pay dividends on a number
Winslow, Lanier
of securities, a list of which will be found in another column.
&
—
—Messrs. Clarence S. Day & Co. will move on May
1
from
40 Wall St. to the United States Trust Building, 45 Wall St.
—
J
April
. .
.
THE CHRONICLE.
28. 1900.
b5\
COTTON.
COMMERCIAL EPITOME.
Developments in
Friday Night, April 27, 1900.
the iron and steel markets have been the
An unprececenter of interest in the commercial world.
nails
and
wire
of
$18 to |20 per
dentedly sharp cut in wire
There also have been
ton has had an unsettling influence.
several rumors circulated of a cut in prices of pig iron, but
la other lines
they have proved to be without foundation.
generally
reported
been
as fairly
of merchandise business has
satisfactory, and prices have held steady. The more seasonable weather conditions have had a favorable influence upon
the retail trade and jobbers have experienced some improvement in business. Crop news has been generally favorable,
the grain crops making good progress, and climatic condi
tioBs in the cotton belt have made a turn for the better in
s nue section?. A disastrous fire cc jurred in Ottawa on Thursday, the loss being estimated at $15,000,000.
Lard on the spot has had only a moderate sale but prices have
advanced and the close was firm at 7"75c. for prime Western
and 7-20@7'25c. for prime city. Refined lard has been in only
limited demand, but prices have advanced, closing at 8c.
for refined for the Continent. Early in the week, under
realizing sales, prices for lard futures weakened. Subsequently, however, sympathy with the advance in corn, a
firm market for hogs and some buying by packers advanced
prices.
The
close
was
firm.
Pri
7-60
7-75
737
750
770
demand,
moderate
but
prices
in
only
have
Pork has been
held steady, closing at $13 25@13 50 for mess, $14 50@15 00
for family and $13 50@15 00 for short clear. Cut meats have
7-42
continued firm but quiet at
ReceipU at—
7c.
for pickled shoulders,
bams and 73^@8c.
10^@
Hon.
Sat.
110
dalveston
Bab. Pass, <Sco.
New Orleans...
Mobile.........
PenBacola, &,o.
Wed.
Tuei.
86
1,418
TKurt.
1,722
450
1,814
1,390
1.854
2
30
3
611
1,463
(iavannali
BraaBw'k,&o.
Oharleston
2,226
1
Pt. Royal,<to.
356
2,618
fri.
796
516
795
8,795
2,105
Tokai
4,647
3,795
8,408
10
658
3,949
1,197
3,949
7.624
1,197
838
103
21
82
31
458
236
829
...
Wilmington....
83
29
14
46
22
27
171
Wa8h'ton,&o.
Norfolk
423
972
659
186
699
3,688
200
440
ISO
284
154
469
844
250
749
186
390
274
843
PhUadel'a, Ac.
76
30
88
166
10
week
3,198
6,671
6,426
5,441
3,977 15.135
39.848
N'p't
New
News, Ac.
York
BoBton.. .......
Baltimore
Tot. tbls
186
1,614
1,871
843
370
The following shows the week's total receipts, the total since
and the stock to-night, compared with last year.
Sept.l, 1899,
1899-1900.
(teeeiptt to
April 27.
DAILY 0IX)8INO PRICES OF LARO FUTUBEB.
Mon. Tues.
Wed. Thurs.
Sat.
AprU
b'BiDAY NiOHT, April 27, 1900.
The Movement of the Crop, as indicated by our telegrams
from the South to-night. Is given below. For the week ending
this evening the total receipts have reached 39,848 bales,
against 44,022 bales last week and 61,039 bales the previous
ureek. making the total receipts since the 1st of Sept., 1899,
6,192,756 bales, against 7,920,990 bales for the same period of
1898-9, showing a decrease since Sep.l, 1899, of 1,734,234 hales.
aalveston...
Sab. P., &o.
New Orleana
MobUe
P'Baoola, &o.
Bavannah...
Br'wlok.&o.
T\it
week.
1898-1899.
Since Sep.
1, 1899.
4,647 1,671,698
70,084
3,795
8,408 1,725,602
656 186,939
143.970
3,949
7,624 1,052,172
116.092
1,197
829 253,852
1,233
171 274.302
Thit
week.
Stock.
Since Sep.
1, 1898.
1899.
1900.
21,806 2,242,966
176
79,299
23,644 2,065,567
1,352 242,708
2,231
192,447
4,680 1,036.619
489 268,106
360,329
1,272
4
23.305
20 290,949
30,488
84,186
..
...
186,101
14,233
389,978
12,844
60.725
143
21,290
27.471
2,734
16,422
*-mm
14@ OharleBton..
had a limited jobbing sale at steady P.Boyal.&o.
7,222
11,566
prices, closing at $10@10 50 for mess, $11@11 50 for packet, Wilmington.
799
1,351
Waah'n,
Ac.
India
and
for
extra
for
family
50
mess
in
50
$17
50@18
$12@12
20,143
55,641
9,349 617,768
3,688 371,623
Oleo- Norfolk
ics. Tallow has been firmer but quiet, closing at 5%c.
27,307
294
186
27,649
N'portN.,<Sto
firm
at 8c.
stearine has been in fairly active demand and
62,577
2,129
99,903 112,040 161,452
1,614
Lard stearine has sold at 8>^c. for prime City, closing firm. New York..
21,030
103.459
3.053 289,438
28,0
1,871
Cotton -seed oil has weakened slightly, closing quiet at 38@ BoBton
3,951
42,349
15,308
348
843
85,853
Butter has been in fairly active de- Baltimore .
39c. for prime yellow.
10,340
332
46,237
5,732
370
45,294
mand and the close was firmer at 143^@183^c. for creamery. Phlladel.&o.
Cheese has had a fair sale atjsteady prices, closing at 9@13c.
Totals
39,848 6,192.756 71.179 7,926.990 473,068 815,942
for State factory, full cream. Fresh eggs have been in fair
In
order
that
comparison may be made with other years,
demand and steady at 123^c. for choice Western.
Brazil grades of coffee nave been quiet and without de- we give below the totals at leading ports for six seasons.
The statistical position has continued to
cided changes.
1896.
1895.
1898.
1897.
1899.
Demand, Heceiptt at— 1900.
improve and the crop movement has been light.
however, has been dull, as the trade has continued to hold aalveB'n.&o.
2,764
7,384
3,674
21,982
6,666
8,442
off but prices have held steady at 7>8@8c. for Rio No. 7. New Orleans
12,062
11,560
21,688
23,644
26,843
8,408
West India growths have received some attention and there Mobile
2,502
1,986
2,308
656
1,352
1,188
have been sales to Europe at better prices tdan those ruling Savannab...
4,434
8,585
4,946
7,624
4,680
8,035
locally, closing at 10c. for good Cacuta.
Eist India growths Otaaa'ton, <bo.
395
1,343
3,829
829
1,276
2,199
have been steady. Spdculation is the market for contracts Wllm'ton, &o
20
48
775
154
171
2,231
lie. for pickJed
for pickled ; bellies,
10 lbs. average. Beef has
,
has been moderately active at steady prices. The feature
has been the liquiditioa of the outstanding interest in May.
The close was slightly easier. Final asking prices were
6-600. Aug
6800. Nov
6950.
AprU
6-60C. Sept
6 85o. Deo
7-20c.
May
6-700. Oot
6-900. Jan
7-25c.
July
Raw sugars were dull and easier early in the week. At
the clo^e refiners were better buyers, and prices were firmer,
:
closing at 4 13-32c, for centrifueal, 96-deg. test, and 3 15 16c.
R^'fiaed sugar has been firm
for muscovado, 89-deg. test.
but quiet at 5c. net for granulated. Teas have been dull and
irregular. Other groceries have been steady to firm.
Kentucky tobacco has had only a moderate sale, but as
stocks have been limited there has been no pressure to sell
and prices have held steady. Seed leaf tobacco has been in
moderately active demand and the business transacted has
been at unchanged prices. Foreign leaf has continued to
meet with a fair sale at full values.
Straits tin has been in only moderate demand, and in response to weaker foreign advices prices have declined, closing
at 29-25@29'37i^c. Ingot copper has had a fairly large sale,
and prices have held firm at 17@17i^c. for Lake. Lead has
been unchanged and steady at 4 70@4'80j. tor domestic.
Spelter has weakened to 4-6C@4-65c. for domestic. Pig iron
has been barely steady; nomnal quotations have been unchanged at $19@24.
Refined petroleum has been easier, closing at 9-05c. in bbls.,
€40.3. in bulk and 10 25c. in cases.
Naphtha unchanged at
10-65C.
Crude certificates have been neglected. Credit balances have declined to $147. Spirits turpentine has been
quiet but steady at 51@51i^c. Rosins have been without
change at $1 60 for common and good strained. Wool has
continued dull, as buyers have been holding off for concesaions.
Hops have been in moderate demand at steady prices.
3,688
9,349
5,492
2,638
186
294
892
104
others...
9,844
8,582
6,207
wk.
39,348
71,179
60 231
Norfolk
N.
News, &c.
AU
Tot. tblB
6,723
3,352
1,402
4,067
2,859
1,491
18,738
34,588
39,828
66,937
Slnoe Sept. 1 6192,766 7926,990 8271.931 6488,396 6015,451 7645.366
The exports for the week ending this evening reach a total
of 94,883 bales, of which 34,809 were to Great Britain, 782
Below
to France and 59,292 to the rest of the Continent.
are the exports for the week and since Sept. 1, 1899.
W»tk Ending Apr. 27 .1900.
Bxportti to—
txwortt
from—
Qrtat
Salreston
Ac
Sab. Pasa.
New Orleans.
Uoblle
Penaaoola
SaTannah
Brnnswiok
atpt.
1,
1899, to Apr. 27, 1900.
Exported to-
lotal
Oreat
WUk.
Britain.
Brit'n.
Continent.
6.511
9.407
14.948
3.796
13.213
23.111
3.919
10.241
3.949
46.178
16.247
10,2tl
176.467
89,279
1,998
67,686
ei,22&
France
3,7»5
10,868
•••••
. .
Wrom
l^once
689,371 860.126
12.144
612,709 206,958
Charleiton...
112.847
••••••
Norfolk
N'port N.. 4o..
New York....
••••••
BoBton
9,316
l.OOO
38.818
29.566
1.188
1.129
732
....
1.162
17.432
19.343
0.316
260
1,260
6,800
6.800
Phnadelphla.
San Fran., &o..
Total
Total. 1898-09.
126.068
124.581
696.47S
88,291
174.072
••••»
Wtlmlntrton..
Baltimore....
62.158
4S1.733
16,626
PortEoyal...
Jot»l.
496,993 1.446,490
40,697
62,741
694,3S1 1.413,006
26.639
t)9.523
1.968
Continent.
£0,164
124.763
04,094
34,821
4.686
7.S87
84.8C9
782
69,2R2
P4f8}
28 P82
816
37 935
fl7.7«2 3.226
280,079
4,766
1.844
38.881
2.C27
232,&e8
2.883
105.796
171,100
208.802
84.362
22,008
360,990
98,778
143,646
4,668
178,476
2,018,8^ I 667,316 2.549.420 6.233.617
448
fl'l Sl.^ 2?>f7.a-iX
« 465 671
.
.
«
.
«
1
THE CHRONICLK.
852
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
We add similar figures for
cleared, at the ports named.
New York, which are prepared for our special use by Messrs,
Lambert & Barrows. Produce Exchange Building.
OH SHEPBOABD, MOT OI.BABBD FOB—
AprU 27
L*a9iHi
at
Ot?ur
Qreat
New Orleans.
3.418
.
None.
None.
Oalveston
Bavannab
48oO
Oharleston
Mobile
Norfolk
1,500
3.0(»0
New York
1.800
2,000
Other ports....
Total 1900..
5.677
2,049
None.
None.
None.
None.
None.
None.
7,726
16,518
None.
600
.-s.SxO
None.
7,500
None.
None.
l.'>,890
7 433
9,643
103,190
33,048
388,124
84,944
11,770
48,930
149.609
16,586
47,725
36,492
13,902
3,000
5,400
6,800
10,500
3,850
5,000
1,709
1,961
None.
2,050
3,000
S
21.009
39,115
24.185
11,877
»?»:
:•;<?':
H<*»:
00 ac
Speculation in cotton for future delivery has continued on
a limited scale only, and no decided changes have occurred
in prices. The climatic conditions at the South during the
latter part of the week became more favorable for crop preparations, fair weather being quite generally reported in the
cotton belt. The backwardness of the season and the reported
damage done by the floods and washouts, however, sufficed
to hold selling in check, and there also was a growing diepogition to await the Government report due on the 10th of
next month. The strength of the statistical position has continued the feature of this crop. Ellison's estimates of the
available supply of cotton at the end of the present cotton
year received considerable attention, but apparently had no
decided influence, both bull and bear operators claiming that
they favored their pc sitions. Liquidation of the outstanding
interest in May contracts has been a feature of the tradirg.
On Thursday "tenders" were issued for the delivery of 10^000 bales on May contracts, and they were taken by a prominent export house. To-day speculation was slightly more
active, and prices advanced on buying by nervous shorts to
cover contracts and bull manipulation. The close was firm
at a net gain in values for the day of 5@9 points. Cotton on
the spot has been quiet and unchanged, closing at 9 13-16c for
OOK
OBOE)
00 >)
or 00
do 00 00
CO 66
00
«
1
00 00
I
OOQO
I
'
0000
«
I
«
d
I
00 00
00 00
«
I
«»
00 00
I
«
The rates on and off middling, as established Nov. 15, 1899,
by the Revision Committee, at which grades other than
may
Fair
Middling Fair
be delivered on contract, are as follows.
0. l^eon strict Good Mid. Tinged.c. 3,g on
% on Good Mldrtlln g Tlngea
Bven
Good Middling
Middling Tinged
!« ofl
^leon Strlot Middling Stained.... I4 ofl
Bj ofl
^aotl Low Middling Tinged
Middling dtamed
'if, off
'xf oA
\ off Strict Low Mid. Stained.. . 1 ofl
''leon
QoodMiddllng
Low Middling
Strict
Low Middling
Good Ordinary
Good Ordinary
Strict
On this basis the
Low Middling .Stained
l%ofl
a few of the grades for
April 27 —would be as follows.
Sat. nion Tnes XVeA Th. FrI.
liieoff
official prices for
week — April
UPLANDS.
the past
21 to
8^
8%
8\
8%
933
938
938
Ctood Middling..
938
936
9 3u
loi«
lOifl
Middling
103
Gtood Ordinary.
Low Middling..
Middling
Fair...
GULP.
8^
«
Sat.
Gtood Ordinary.
Low Middling...
9
9'3|e
lOlfl
109ifl
fllon
TneH XVeC
Middling
IQiif,
989
101.6
Good
10?8
l<j38
Middling..
Middling Fair..
STAINED.
Low Middling
Middling
Strict Middling
Good Middling Tinged
988
10<«T
Sat.
Tit.
9
9
9B8
9
953
988
lO^e
Ide
men Tnen Wed
938
99
99,
,
9 »ie
lohs
109) f
10
Frl.
9
te
988
101 f
1U38
1038
1038
11)38
1013,6 >013j« lOiSip lOl'ie lOis,
87,6
H38
9iSie
9>3,e
10l8
lC9ie
109,.
9
87,e
9H^6
Tb. Frl.
87,8
938
99l6
87,e
938
99,6
6'l«
936
913i«
913u
913i6
99, a
The quotations for middling upland at New York on
April 27 for each of the past 32 years have been as follows.
1900.. ..0. 913,8 1892. ...0. 714
1884 ..-.0.1178
1876....C.1278
1891
1883
1899
878
6^
1875
lO&ie
leH
I2J4
68 e
III616 1882
1890
1898
1874
17%
788
11
1897
1889
1881
10%
1938
1873
8I18
9is,e 1880
1896
1888
2S88
Ili3iei 1872
15i«
lOBs
1895
11 Sg
1879
6i&ie 1887
1871
914
1894
1886
1878
10%
71a
.2338
1870
7i3jp
1893
1885
10l3i6 1877
lOiBie 1869
281a
NoTB.—OnOct. 1, 1874, grades of cotton as quoted were cbangcn.
Afloordingto the new classlfloatlon Middling was on that day quoteo
Ho. lower than Middling of the old classiflcation.
MARKET AND SALES.
The total sales of cotton on the spot each day during the
week are indicated in the following statement. For the
convenience of the reader we also add columns which shoTn
at a glance how the market for spots and futures closed on
same days.
Spot Mabkbt
Closed.
Saturday.. Quiet
Monday... c^Qlet
Tuesday . Quiet
.
Wednesday Dull and easy.
Thursday. Quiet.
Quiet
Friday
TotaL.
Fdturks
Mabkbt
Closed.
Bales or Spot
<b
Oontbao.
Ex-
Oon-
Con-
port.
lump.
tract.
Total
Qniet
Quiet
213
Qui. t
Qiilet
107
213
600
107
Quiet ikst'dy
259
259
Firm
I
«:
'|It
«:
?»:
OOOri
600
579
600
1,179
00 op
QTOO
tots
66 00 ©O ©o
WW OM
0000
00
0000
©6 6
•JOB <^
I
'
I
00 00
©M
0»
0000
OO
66 6
to
0000
I
I
'
d
1
'
<i^
OCOD
6© O
d
0000
S
I
0000
'
Ul/W
d
•
ft
4D CO
0000
(0tC
too
0000
03^
^
I
OOQD
MM
oon
d
I
coco
I
coco
coco
©o
I
0000
1
MtO
»3M
mW
I
woo
WW
kSM
w«b
€1
"?
to
WW w
coco
Of OS
w WW
too
«
coco
Wlli.
I
oco
OO
w
w
00 <l
CO 00
00 00
coco
coco
coco
MOD
ii^cb
©00
tOM
Wt9
MCO
wto
OOO
0000
0)00
«
«
coco
coco
co
weo
w
w
^9
I
«
«
I
d
I
I
d
O©
00 ©©
tow M«g tOtO
0000
cooo
«]00
tow
00-^
0000
OOQD
l(^W
0000
ao«i
OOQD
0000
66
66 C© MM
wco MOD to© ODW
^
id
Id
OOOC
I
woo
I
coco
COCO
COCO
tSM
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middling uplands.
middling
«?«: wip;
CKUI
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*
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66 06 cc66to 66 MM
O
718,558
586,499
102,384
115.967
23,352
17,336
33,838
48,139
00
?»:'?»: 2?»
I
Total 1899. .
Total 1898...
highest, lowest and closing prices of
are shown in the following table.
New York
Total.
vrite.
25,688
9,892
3,000
None.
LXX.
[Vol.
— rhe
FUTUBES.
Futures at
'
stoek.
Ooatt-
Britain. franee. Foreiffn
Strict
6
8
.
'to
o:
I
d
I
CO
ts
CO
cij
d
d
©
ts
The Visible bUPPLY op Cotton to-night, as made up by
oable and telegraph, is as follows. Continental stocks, as well
as those for Great Britain and the afioat, are this week's returns, and consequently all European figures are brought down
to Thursday evening. But to make the total the complete
figures for to-night (Apr. 27), we add the item of exports from
the United States, including in it the exports of Friday only,
1897.
1898.
1899.
1900.
Stock at Liverpool
baleB. 647.000 l,61«,000 1,249,000 1,206,000
3.000
5,000
Stock at London
5,000
5.000
Total Great Britain stock. 652,000 1,621,000 1,25^,000 1,211.000
4took at Hamburg
11,000
14,000
18,000
27,000
Stock at Bremen
323,000 343,000 38 ,000 17.'>,000
9took at AmBterdam
4,000
2,000
1,000
2,000
400
9tock at Rotterdam
200
300
200
Stock at Antwerp
10.000
11,000
3,000
6,000
Stock at Havre
217,000 231,000 270,000 220,000
.^,000
Stock at Marseilles
4,000
2,000
5,000
9tock at Barcelona
79,00»
88,000 12-,000 102,000
Stock at Genoa
60,000
61,000
6«,000
38,000
16,000
Stock at Trieste
20,000
4,000
3,000
71*^,200
S2n,200 821,400 5S4,300
Total Continental stocks
Tetal European stocks
l,3ti8,.00 2,447,200 2,073,400 1,796,300
India cotton afloat for Europe
2.5.000
95.000
78,000 141,000
Amer. cotton afloat for E'rope. 382,000 193,000 320.000 271.000
2fS,000
Egypt, Brazil,&o.,aflt.f or E^pe
19,000
16,000
22,000
Stock in United States ports.. 473,0'
815,942 70 ',4506,813
446.603 306.192 171,920
Stock in D. 8. interior towns.. 236,981
lfi.fl«3
4.703
16,3«4
16,823
United States exports to-day..
Total risible supply
2,oOet,952 4,03J.7 8 3,512,462 2,9.^4,856
Of the above, totals of American and other descriptions are as follows:
^
American540,000 1,533.000 1,14.5,000 1,057,000
690,000 767.000 780,000 5o4,000
American afloat for Europe... 38 '.000 193,000 320,000 271.000
4'3,0-i8
815,944 702.466 5t6,8i3
United States stock
44'^.603
30rt,'92
171,920
United States interior stocks. 236,^*81
16,bh3
4.703
16,?^9i
16,823
United States exports to-day..
Total American
2,326,752 3,772,508 3,^70,032 2,527,556
Liverpool stock
Oontinental stocks
bales.
East Indiayi. Brazil,
<te.
—
Uverpool stock
Londonatock
Total
Total
Total
Middling
Middling
Ac,
83,000
5,000
59,200
104.000
3,000
41,400
78,000
5i63ad.
338d.
6S16O.
3i» ad.
149,000
5,000
P0,300
9=>.000
141,000
25,000
1(;,000
22,000
26",'.<rOO
V4i,400 397,300
2,32H,752 3,77^^0^ 3.270,052 2,^27,556
2,50S,952 4,039.708 3,5. 2,45 i 2,924.856
Oontinental stocks
India afloat for Europe
Egjrpt, Brazil,
107,000
6,000
26,200
25,000
19,000
182.200
afloat
East India, &o
American
visible supply
Upland, Liverpool
Upland, New York..
.
4>4d.
7%o.
5i4d.
5& ..d.
8>4d.
Egypt Good Brown, Liverpool
4^d.
7»ad.
678d.
Perav. Rough Good, Liverpool
63, gd.
67ad.
5»8d.
3i7s.^d.
Broach Fine, Liverpool
38i6d.
45sad.
561 ad.
rinnevelly Good, Liverpool...
SSsad.
4Si8d.
39itd.
tS^ The imports into Continental ports the past week have
been 153.000 bales.
The above figures indicate a decrease in the cotton In
^ight to-night or 1,530,756 bales as compared with the same
late of 1899, a loss of 1,003,500 bales from the corresponding
date of 1898 and a decline of 415,904 bales from 1897.
9i:<i«C.
6380.
—
April
..
THE CHRONirLE.
28, 1900.]
At the Interior Towns the movement—that is the receipts
week and since September 1, the shipments
week and the stocks to-night, and the same items
for the
for the
for the
—
Quotations for Middling Cotton at Other Markets.
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
oorresponding period of 1898-99— is set out in detail below.
Week ending
April 27
H
o
OLOBINQ QOOTATIOMS POB KIDDLIHa OOTTOB
Mon.
Titee.
Wednet.
Thurt.
FH.
9'l6
9ii«
S'^ie
97,6
938
9I4
97,6
938
97,6
988
97,6
938
9J4
97,a
New Orleans
M
M9
H
(V
O
H3
n
Hod©
Mobile
Savannah...
9k
Charleston.
938
Wilmington.
9ifl
^forfolk
Boston
Baltimore
a®
.
Philadelphia
Augusta
Memphis
Louis
Houston.
8t.
CO'
l(k
Wl
^ MM.
0»
M
O
"J
-J
I
I
>to
M* CM iC^i— tOCM
M' OOlb-lt'MtOWMOll^Ol-'l^-QOMO'
|f».
I
00
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1
<i
«
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MMM H«QO
M
WCOOO
W05O
ts
ODr-'i-'H'
C(
[^
Louisville...
ViV © cnls <)'*--' Vi'ww
9''l6
CO'
le.i^oiwooseotoo'aiO'r.
05eOO«*^OS
.
^55
«0
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M
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en
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CO
to
Qo'v- ^-©o^V^wTow'cOOo'w^Kl'<o'''7^'a>»-'©'b5tOl-'
*k(0|0MMOWK)M
i-'©o>woo5-)05C'iai<oi-'cocjOocooio'W(»
C(5
OSMOJ coo O If© WOKJ -a QDW to Mr- iC I-" M
JO
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''' if^
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Mtow(cooowooi»>'©wosos©enK^coaooiCD;oc&tstocoMtotoo
'm
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-«0
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to
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en
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to
CO;
1
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Mifl
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MO)
to
OI
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M
91fl
9H,
913i6
979
lO'ie
988
988
938
97,8
939
9»«
9l3i6
9^8
10116
988
938
988
97i8
988
91a
9ifl
9M
9''ia
9'i4
9^>
9>«
91318
978
^2il8
988
988
938
938
988
9>«
at other
.
914
91a
91a
9l3l6
979
^Sl.i«
988
938
938
938
988
9^
important
Athens
938
Nashville
9k
9
Colambns,Ml8S
Eufaula
9i8
Atlanta
Charlotte
9
Natchez
9ia
9
Little Rock....
9
Montgomery...
938
Raleigh
Shreveport
93i8
Q'^
9i«
—
M
;
M-OMlOWOSlOifiO MM COMM oif coo
— OO-JeT>C0O©iftO<^b5M0S«»aC0ta
oooocooocoMOocoif w<iif^t9Coto-.)Qou<aDoasMOOMCC'<Oco
r'r^,
c;<0'
'
W
00
If Os'w Mffl 00
-jjiiPto'Ti-a;
-'
ooaococo<iw.
97,6
988
9Hi
91s
9i3ia
973
lO'ie
988
938
938
97,6
988
9%
Weather Reports by Telegraph. Advices to us this
evening by telegraph from the South indicate that rain has
fallen in about all sections during the week uader review,
and in some instances the precipitation has been rather
heavy. Farm work has been interfered with in many disAlthough a number of our correspondents report
tricts.
better progress as being made toward the close of the week,
it is claimed quite generally that operations are very backward. Texas advices are to the efifect that farming has been
retarded by the rain, and that fair weather is much needed
over the entire State. Some fields in Southern Texas are
stated to be under water, and a similar condition is said t^*
prevail over a portion of the recently overflowed lowlands in
<)
row: ooi^w: ©to M
cocotoosool ojmos; tooi^toi-'
MO-JO J<4.O©©»005- OJOOCOH'tSW. OOMOO 050«<10
•
9VJ
Southern markets were as follows.
0) Vs'VoMwi'if^o
Ml-"© -J tOWOOJ
wowQDOi^ioQoiikh-
9ifl
9ifl
9is
9'3ia
9^8
101,6
988
938
938
97,6
988
9»a
OolumbUB. Ga.
osoj:
OStO'
938
914
97,6
938
The closing quotations to-day (Friday)
^
— *3
-405
bow o'J-<i to mV
OOOW--105yi03^i-"-W^IOi-'MQCa;|fiOtOWCO'-'*'*'ClOOS©-Jl^
C0Q0;;i«0COUtnDM WH<0©OMOOOWp%)COC;<aOt9<100IOtOOtJOSO>0>
CO
I
Cincinnati..
'-'
|»».010»l-'OI-'^'tOaBI-'I^O»0«'»OIOMCt0 05^kOU'0®00
ON—
Satur.
Galveston...
QD
853
00
S2
MtO
MM O M M 05 © M 00 W OS © O M M M en O" to to © W to CO
o©cj*k|s3©coo*»if'c;'tiif»wcow©o©aDO©u'COib.©-4cn
to
aoMc;<xMiu©if wif>>©uiocif <]tOMMu<Me;>eoQococo©ooo
the Gulf States.
Galveston, Texas.— AW farm work has been retarded by
rain and fields are badly in weeds. Some ground is under
water in Southern Texas. Fair weather is badly needed
have had rain on two days of the
over the entire State.
week, the rainfall being forty-six hundredths of an inch.
Average thermometer 77, highest 80, lowest 62,
Abilene, Texas. There has been rain on three days during
the week, the precipitation reaching eleven hundredths of
an inch. The thermometer has averaged 69, the highest
being 84 and the lowest 54.
Brenham, Texas There has been rain on four days of the
week, the rainfall reaching one inch and eighteen hundredths. The thermometer has averaged 6S, ranging from
54 to 82.
have had showers on two days
Corpus Christi, Texas.
during the week, the rainfall reaching two hundredths of
an inch. The thermometer has ranged from 66 to 80, avering 73.
Dallas, Texas.— ^ain has fallen on three days of the week,
to the extent of one inch and sixteen hundredths. Average
thermometer 66, highest 85 and lowest 47.
Henrietta, Texas.— There hus been rain 00 two days during the week, to the extent of fifty hundredths of an inch.
The thermometer has averaged 67, ranging from 47 to 87.
Lampasas, Texas.— There has been rain on five days during the week, the rainfall reaching one inch and sixty hundredths. The thermometer has ranged from 50 to 84, aver-
We
The above
snow that the interior stocks have decreased during the week 15,777 bales, and are to-night 219,632
bales less than at same period last year. The receipts at all
towns have been 27,038 bales less than same week last year.
Overland Movement for the Week and Since Sept. 1.
We give below a statement showing the overland movement
for the week and since Sept. 1, as made up from telegraphic
reports Friday night.
The results for the week ending
Apr. 27 and since Sept. 1 in the last two years are as follows.
totals
1898-1899.
1899-1900.
April 27.
Week.
Since
Sept.
1.
Week.
Since
Sept.
1.
Mhipped—
Via
at. LoaiB...... .............
VlaOalro
Via Paduoah
Via Rook Island
.....
.,
Via Louisville
Via Oinoinnati
VlaothAr rentes. Ao....
7,580
1,645
"462
448
719
.......
Total gross overland.........
Deduct thipmenti—
Overland to N, Y., Boston, &o
<&o. f
rom Soath.
869.862
270
19 623
42,917
167,213
166,167
163,986
376,><62
i",777
1,427
8,941
5,862
2,535
297,183
71,862
86,567
3,472
477,927
38.490
74,520
~7,266
455,612
9,797
590,937
4,698
32
......
Total to be dedncted.... ••...
5,674
4,770
10,854 1.649,172 17,859 1,786,630
Between Interior towns
Inland.
783,297
214,697
11,007
12.3t0
205,472
129.432
292,907
4fi3
Leaving total net overland*.
3.589 1.193,560 ~8.062 1,195.693
Inolndins movement bv rail to Canada.
The foregoing shows that the week's net overland movement
this year has been 3,589 bales, against 8,062 bales for the
week in 1899, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 2,133 bales.
'
1898-1899.
1899-1900.
In Sight and Spinnert'
Takings.
Week.
Since
Sept.
1.
Since
Week.
Sept.
1.
Receipts at ports to Apr. 27
39.848 6,1 9 2,7.') 6 71,179 7,926.990
Ket overland to Apr. 27
8,06^ 1,195,693
3,589 1,193,560
Bonthem consumption to Apr. 27 32,000 1,013.000 26,000 894,000
Total marketed...Interior stocks in excess
*
Game into sight during week.
Total in sight Apr. 27
Worth'n sp innera tak'ps to Apr. 27
* Decrease during week.
75,437 3,399,316 105,241 10016683
15,777
t6.202 *21,142 342,484
84,099
59,660
t
8,393,114
10359167
3,280 2 060.127
Less than Sept.
24,628 1,994,089
1.
In 1898 the week's movement into sight was 68,851 bales;
in 1897 reached 47,053 bales; in 1896 was 53,822 bales, and
in 1895 was 46.067 bales. The totals since Sept. 1 in the same
years were 10,423 53S bales in 1897-98; 8,038,028 bales in 1896-7;
6,627,443 bales in 1895-96
and
9,476,032 bales in 1894-95.
—
—
—We
aging
67.
Palestine, Texas.— 'Ra.in has fallen heavily on two days of
the week, to the extent of three inches and four hundredths.
The thermometer has ranged from 56 to 88, averaging 72.
have had rain on three days of the past
Paris, Texas.
week, the rainfall being twenty- two hundredths of an inch.
—We
Average thermometer
highest 87, lowest 42.
have had rain on three days of
the week, the precipitation being one incti and eia:hty-four
hundredths. The thermometer has averaged 71, the highest
being 84 and the lowest 58.
have had rain on one day of
New Orleans, Louisiana.
the past week, the rainfall being four inches and eighty-four
hundredths. Average thermometer 72.
Shreveport, Louisiana.— We have had one inch and eightynine hundredths of raia during the week, on four days. Tne
thermometer has averaged 70, the highest being 88 and the
lowest 56.
Columbus, Mississippi. Rain has fallen on one day of the
week, to the extent of forty hundredths of an inch. The
thermometer has averaged 66, and ranged from 46 to 82.
Leland, Mississippi. We have had rain during the week,
to the extent of two inches and thirtv-four hundredths. The
thermometer has ranged from 52 to 78 averaging 63 9.
Meridian, Mississippi. Rain has fallen heavily 01 three
days of the week, causing further overflows and planting delayed.
Crops will be later than for many years, The late
floods washed out ploughed land and fertilizers.
Little Eock, Arkansas.-There has been rain on three
days of the week, to the extent of one inch and thirty hundredths. The thermometer has averaged 70, ranging from
54 to 86.
San Antonio, Texas.
70,
— We
—We
—
—
—
1
.
.
THE CHKONICLK
854
Helena, Arkansas.— We have had light rain on three days
during the week, to the extent of sixty-three hundredths of an
inch. The slow rains and cloudy weather hinder farming.
The thermometer has ranged from 49 to 85, averaging 87-7.
Memphis, Tennessee.—The early part of the week was unfavorable for farm work, bat latterly warm and dry weather
has prevailed and planting is becoming active. Rain has
fallen on three days of the week, the rainfall being one inch
and fifty-two hundredths. Average thermometer 67 3, highest 84 and lowest 51-3.
Farm
Mobile, Alabama.— Goutmnona rains in the interior.
much
reis
there
and
interrupted
greatly
work has been
planting to be done. Uplands are two to four weeks backward and on lowlands many sections are still under water.
have had rain on three days during the week, the rainfall
The
reaching three inches and forty-three hundredths.
86.
to
from
ranging
58
71,
averaged
has
thermometer
Montgmnery, Alabama.— There was rain on tbree days
the early part of the week, to the extent of one inch and ten
hundredths, but the weather since has been warm and pleasant and farm work is making progress. The thermometer
has ranged from 60 to 85, averaging 67.
Wet weather has interfered with
Selma, Alabama.
that they are very much becomplain
farmers
and
planting
hind on low lands. Even with favorable weather it will be
very late before they can finish planting. Rain has fallen on
four days of the week, to the extent of one inch and fiftyeight hundredths. Average thermometer 71, highest 86 and
lowest 56.
,
»
^,
Madison, Florida—There has been ram on three days of
the week, tbe rainfall reachmg eighty hundredths of an
inch. The thermometer has averaged 75, the highest being
86 and the lowest 64.
Savannah, Oeorgia.—We have had rain on six days during
the week, to the extent of one inch and forty-five hundredths. The thermometer has averaged 71, ranging from
62 to 83.
,.
„ T,
AuyuUj, Georgia.— Planting progresses well. Rain has
fallen on three days of the week, to the extent of two inches
and forty-two hundredths. The thermometer has ranged
from 58 to 81, averaging 71.
Charleston, South Carolina.—Ham has fallen on four days
of the week, the rainfall being sixty nine hundredths of an
inch. Average thermometer 70, highest 80 and lowest 64.
Stateburg, South Carolina.—There has been rain on three
days of the week, the precipitation reaching two inches and
ninety-eight hundredths, most of which fell on Friday last,
adding to the damage already reported. The past few days
have been favorable. The thermometer has averaged 69 6,
We
m
—
LXX.
[Vol.
Tennessee.—Generally warm, rainy conditions caused rapid growth
and planting; but little
of vegetation but serloufcly hindered plowing
cotton yet planted.
Missouri.— Some cotton planted on uplands.
OKLAHOMA.— Ootton planting progressing rapidly, except where
de-
layed by rain.
These reports are summarized by the Department as follows:
"The continuous excessive rains over the central and eastern portions of the cotton belt have retarded cotton planting and washed up
much of the acreage previously planted. In southern Texas planting
is well advanced, and it is progressing rapidly in the northern portion
of the State. Planting over the northern portion of the eastern part
of the cotton belt is unusually delayed.
Alexandbia Receipts and Shipments of Cotton.—Througharrangements we made with Messrs. Davis, Benachi
& Co. of Liverpool and Alexandria, we now receive a weekly
oable of the movements of cotton at Alexandria, Egypt. The
following are the receipts and shipments for the past we( k
and for the corresponding week of the previous two years
,
Alexandria, Egypt,
April 25.
1899-1900.
1898-1899.
20,000
6,372,000
17,000
5,489,000
Receipts (oantars*) .
This week
Since Sept. 1
Sept. 1.
week.
20,000
6.425,000
Since
TMt
Since
Sept. 1.
week.
Sept. 1.
Since
This
week.
1897-98.
Exports (bales)—
5,000 366,000
2,000 352,000
To Liverpool....
To Continent t..
2,000 270,000
2,000 277,000
2,000 309,000
3,000 341,000
.
.
.
ranging from 56 to 84.
Greenwood, South Carolina.— We] ha,ve had rain on five
days of the week, the rainfall being two inches and sixty- six
hundredths. The thermometer has ranged from 58 to 77,
averaging 67.
The following statement we have also received by telegraph,
showing the height of the rivers at the points
8 o'clock April 26. 1900. and April 27, 1899
Apr. 26,
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
New Orleans
Memphis
Naabvllle
Bbreveport
Vloksburg
'00.
named
at
7,0001718,000 4,000 547,000 5,000 650 000
pounds.
in 1898-90,
t Of whloh to America in 1899-1900, 69,279 bales;
41,212 bales; in 1897-98, 44,305 bales.
Total Europe
*
A oantar is 98
Manchester Market. — Our report received by cable
to-night from Manchester states that the market is dull but
steady for yarns and flat for shirtings. The demand for
give the prices for^ to-day below
India is improving.
and leave tbose for previous weeks of this and last year for
We
comparison.
1899.
1900.
8H
8^4 lbs. Shirt- Oott'n
common Mid. 32s
32s Oop. ings,
Twist,
d.
Mh23 838
lipids
to finest.
d.
d.
»9l4
8.
6ifl»8
6ifl»8
" 30
Apr. 6
®8
13 Sk '»9i«
" 20 3^4 ®9l9
" 27 83,e»9ie
6
6
6
6
European
Cotton
'•
-as
-as
®8
d.
7ifl
7ifl
7ifl
6
6
5
d.
lbs. Shirt- Oott'n
Oop. ings,
Twist.
d.
d.
d.
51032
538
51332
57,6
51B32
51S,8®658
5%
®69,6
515<j2
583
®6ifl
5i3ie'a6B8
513ip'a>608
5ii]6®69)j
Consumption
common Xid.
Upld$
to finest.
to
2
2
2
2
2
2
8.
«6
3113a
8S>8
388
3II32
338
338
-ae 11
«6
April
d.
d.
11
-96 11
-ae 11
96 11
1l
l.
— By
cable to-day we have Mr. Ellison's cotton figures brought
give also revised totals for last
down to April 1.
We
year that comparison may be made. The spinners takings
in actual bales and pounds have been as follows:
Apr. 27, '99,
Feet.
Feet.
13-0
21-6
17-3
10-7
31'6
16-9
23'«
108'
10-
468
October 1 to April
1.
Oreat Britain.
Continent.
Total.
For 1899-1900.
2,008,000
2,497,000
Takings by spinners. .bales
4,505,000
512
495
502-6
Average weight of bales.lbs
1,028,096,000 1,236,315,000 2,264,411,000
Takings in pounds
.
Jute Butts, Bagging, &c.— The market for jute bagging
For 1898-99.
has been active and very firm the past week. Quotations are
by spinners... bales
1,970,000
2,746,000
Takings
4,716,000
unchanged at 73^c, for 1^ lbs. and l%o, for 2 lbs., standard
499*1
weight of bales.lbs
513
489
Average
featureless
for
and
at
l-05c.
grades. Jute butts are dull
in pounds
1,011,051,000
Takings
1.342,965,000
2,354,016,000
paper quality, and l^^c. for mixing to arrive.
According to the above the average weight of the deliverm.>~
Government Weekly Cotton Report.— Mr. James Berry,
Chief of the Climate and Crop Bureau of the .^.gricultural in Great Britain is 512 pounds per bale this season, against
Department, made public on Tuesday the following tele- 513 pounds during the same time last season. The Continental
graphic reports on the crops in the Southern States for the deliveries average 495 pounds, against 489 pounds last year,
and for the whole of Europe the deliveries average 502 '6
week ending April 23.
pounds per bale, against 499*1 pounds last season.
Our
work;
too
for
farm
wet.
Virginia.—Week unfavorable
also gives the full movement for this year and laet
causing
rivers
overflow,
dispatch
excessive,
to
North Carolina.— Rainfall
ubmerging lowlands; lands badly washed; farm work brought to rear ir bales of 500 pounds.
omplete standstill; cotton planting late, none up.
Sooth Carolina.— Excessive rains delayed planting, washed lands,
1899-1900.
1898-1899.
Oct. 1 to April 1.
destroyed roads and bridges, damaged cottoa land and crops, and
leached fertilizers; early cotton coming up, but bulk of crop unplanted; Bales of 500 lbs. each,
€lreal
Oreat
OontiContiSea Island cotton about all planted.
Total.
000s amitled.
Total.
Georgia.- Heavy and almost continuous rainfall during week reBritain nent.
Britain
nent.
tarded farm work, but benefited growing crops; cotton coming up to
fairly good stand in the south, some being chopped; planting delayed Spinners' stock Oct.l
56
441. ~497,
63,
525
588,
'
middle and north portions.
Florida.— Excessive rains damaged crops on low-lands; early cotton
being chopped.
in
Takings to April 1
. .
2,056,
2,473,
2,022
4,529,
2,686
4,708,
;
5,117,
2,078
2.998.
3,127, 5,205,
Alabama.— Average warmth; heavy to excessive rains, damaging in Supply
4,082,
1,794
2,392, 4,186,
central and northern counties, damage so great in few localities as to Consumpt'n, 26 weeks 1,768, 2,314.
necessitate entire re-preparation; all work decidedly behind; early
351
284
Spinners' stock Apr. 1
684, 1,035,
735, 1.019,
cotton fair stands, but planting progressing slowly.
Mississippi.- Work practically suspended during past week because
Weekly Oonsumplion
of heavy rains, especially in southern and central portions; lands
badly washed, carrying growing crops and seed into submerged bot00« omitted.
toms; cotton much damaged, except in rtelta and northern counties;
In October
68,0
159,0
69,0
160,0
91,0
91,0
much replanting necessary.
68
69.0
160,0
159,0
91,0
Louisiana.— Rain heavy over entire State, excessive in many and
In November
91,0
torrential In several parishes; damage serious; cotton badly washed
68
91,0
160.0
159,0
69.0
91,0
in December
or smothered; much will have to be replanted; cotton seed scarce;
162.0
155,0
68,0
87,0
69,0
93,0
in January
ground badly washed ov packed.
930 162,0
68
155,0
87,0
69,0
In February
Texas.— Fair weather in north portion, favorable for farming operations, but nights too cool for vegetable growth; showery in south por87.0
155.0
68.0
69
93
162.0
In March
tion; much low lands still too wet for cultivation; cotton planting
Note. —Our cable states that Mr. Ellison has revised his previous
well advanced in southern portion, progressing rapidly in northern
estimates of consumption for 1899-I90O by deduitlng 1,000 bales per
portion, stand irregular.
Moderately heavy rainfall, fairly well distributed; week from Oreat Britain since the beginning of the season, and the
Arkansas.
nights too cool for rapid growth of vegetation; cotton being planted rate on the Continent he reduoe3 to the extent of 3,000 bales per week
for January and February.
rapidly and beginning to come up in some localities.
—
"
April
—
..
.
.
THE CHRONICLE
28, 1900.J
856
American Cotton in Japan. — Mr. Samuel
of the
S. Lyon, consul
United States at Hiogo, Japan, under date of Feb. 1,
made
the following report to the Department of State at
Washington on the outlook for American cotton in Japan:
I have recently Interviewed a member of the Mitsui Busaan Kaisha*
the largest Importers of raw cotton Into Japan, with a view to obtain
the onlnion of the
company concerning the outlook
in this country for
American cotton, and liis remarks are given below:
"There are 300,000 bales ol American cotton and 500,000 bales of
Indian cotton used every year in Japan. Of all cotton employed by
the mills, American cotton forms 20 to 30 per cent and Indian cotton
50 to 60 per cent; but there is a tendency to increase the importation
of the American cotton at the expense of the other. It is diilioult to
say even approximately what the percentages would be next year, as
the demand is greatly influenced by the fluctuation of rate; but with
the present quotation, it would be something like this: American cotton, 60 per cent; Indian, 30 per cent; miscellaneous, 10 per cent.
About 13.000 bales in a month could be imported from the Paolflc
Coast, viz., San Francisco, San Diego, Tacoma and Seattle. But as
the steamers generally give space to the cargoes for China, the shipment of cotton is limited. Consequently the average amount In a
month from these ports is about 8,000 bales. Freight has at present
risen to 50s. ($12 15) per ton, but it will come down to 378, ($8 99)
per ton when the quick-dispatch boats are no longer In demand. As
to the rates on cotton Imported from America via the Paoitio coast,
there is an agreement between railroad and steamship companies
covering all freight from the time the goods are delivered to the railroads at the place of production to the port of destination. The particulars are unknown to the importers, but the through freight is 1*35
cents per nound, of which from $7 to $8 per ton will be paid to the
steamers. According to the record of last year, the shortage on the
cotton from the Pacific coast was small— about 1 per cent
In answer to the question, Do high prices of Indian cotton Increase
the demand for American cotton, and in what degree? my informant
said:
time, even [if they suffer some loss in consequence of high price of cotton and bad market for their produce,
the demand for cotton will not decrease. On the other hand, if Indian
cotton becomes dearer than American, all the mills will use the latter,
and Its importation will increase to the exclusion of the former."
"If
all
work
the mills
full
—
Shipping News. As shown on a previous page, the
exports of cotton from the United States the past week have
reached 94,883 bales. The shipments In detail, as made up
from mail and telegraphic returns, are as follows:
Total
Nbw Yokk— To Liverpool, per steamer
To
To
To
To
To
Cuflc,
1,544
1,083
Kensington,
396
393
II.,
1,177
jan Prince, 550
To Naples, per steamer Kaiser Wilhelm II., 800
To Venice, per steamers Kaiser Wilhelm II., 99
Nbw
hontas, 2,626
OBLBAN8 — To Liverpool—April 26— Steamer
Tro-
1,727
800
PocaBWilli am
2,725
533
533
To Belfast— April
Cliff,
24— Steamer Rathlin Head, 10,365
To Bremen— April 24— Steamer Flnnland. 5,550
To Hamburg— April 24— Steamer Tsle of Kent, 828
To Antwerp— April 21— Steamer Nettleton, 260
To Oporto-AprU 21— Bark Glyoinia, 250
To Barcelona- April 21— Steamer J. Jover Serra, 4,325....
To Malaga April 21— Steamer J. Jover Serra, 1,000
Galveston— To Liverpool— April 26— Steamer Serra, 2,391
. .
To Belfast-April 20-Steamer Inishowen Head, 3,150
To Bremen—April 24— Steamer Loughrigg Holme, 5,903..
To Hamburg—April 23-8teamer Wilberforce, 350
April
24— Steamer
10,365
5,550
4,325
1,000
2,391
3,150
5,903
2,804
Hibernia. 2,454
700
3 795
PBNgACOLA-^To Hamburg—Apr" '24— Steamer "Tre8llUan,'3,"94:9
8av\nnah—To Bremen-April 24—Steamer Alf, 4,383
To Hamburg -April 24— Steamer Alf, 1,508
To Barcelona— April 25— Steamer Axminster. 2.950
To Genoa— April 26—Steamer Axminster, 1,400
Bbdnswiok-To Liverpool—Apr. 26—Steamer Inoemore, 1,968
Nbwport News-To Liverpool—April 25—Steamer Knight
3 795
3,949
4,383
1,508
2,950
Errant, 1,162
1,400
1,968
1,162
BOSTON—To Liverpool— April 30—Steamer Michigan.
21— Steamer
New England,
Ultonia, 4,216
1,042....
April 24-Steamer
4,0.'58
Baltimobb- To Belfast—April 21— Steamer Lord Downshire.
9,316
1,000
To Hamburg—April 20— Steamer Bosnia, 250
Bbattle—To Japan—April 26-Steamer Biolun Maru,
1,000
250
5,800
5,800. .
Total
„
94,883
To Japan since Sept. 1 shipments have been 17,993 bales
from New York, 5,050 bales from Baltimore, 43,240 bales
from Galveston, 35,359 bales from New Orleans, 9,650 bales
from Pensacola, 14,353 bales from Savannah and 167,944
bales from Pacific Coast. To Ciiina. 6,974 bales from New
York. &c.
Cotton freights at
New York
Stttur.
Liverpool
c.
Havre
Bremen, May
c.
Hamburg
c.
Amsterdam
c.
Rotterdam
c.
c.
Reval, v. Hamb..c.
Do
Do
V. Hull...c.
25
40
30
35
35
35
53
48
the past
Mon.
Tuet.
25
25
40
30
35
35
35
53
48
40
30
35
35
35
53
48
week have been;
Wednet. ThurM.
25
40
So
35
35
35
53
JVi,
25
40
SO
33
35
35
47
47
25
40
30
35
35
48
35
53
48
S2ifl
32ifl
27i«
47i«
42ifl
V. Copen..c,
Genoa
c.
321s
32 Hi
Trieste, direct... c.
47ifl
47ifl
Antwerp
d.
3212
47>«
471a
*32
3 16
Ghent.v.Antw'p.d.
^16
3ie
Quotations are oents per 100 lbs. or traotlonB of a penny per
—
Amount
^32
Sie
lb.
Liverpool. By cable from Liverpool we have the following statement of the week's sales, stocks, &o,, at that port.
Apr. 13.
51,000
1,900
bales.
Apr. 20.
39,000
1,000
29,000
39,000
500
200
600
100
37,000
2,000
83,000
646,000
543,000
92,000
79,000
161,000
142,000
26,000
5,000
56,000
657,000
555,000
72,000
66,000
141,000
128,000
38,000
10,000
65,000
647,000
540,000
65,000
45,000
117,000
110,000
;-oo
48,000
8,000
84,000
639,000
53«,000
69,000
54,000
180,000
162,000
afloat
Apr. 27.
Of which American
ine cone ot tne JLiiverpooi market for spots and futures
each day of the week ending Apr. 37 and the daily closing
prices of spot cotton, have been as follows.
aat'day.
Spot.
Market,
)
Monday. Tuesday. Wed'day. Thursd'y Friday.
Moderate Quiet and
demand.
firm.
Moderate
demand.
1:45 p. M.|
Quiet.
Quiet.
Mid. Upl'ds.
51533
51332
51833
5'l8
5,000
8,000
7,000
8,000
7,000
7,000
500
500
500
500
500
500
1.(54® 2-64
decline.
Quiet.
Quiet.
Steady.
Steady.
Sales
9peo.
& exp.
Quiet.
51632
Futures.
Market,
Quiet at
)
1:45 P. H.)
Market,
4 p. M.
i
Quiet.
Quiet.
Steady at steady at
partially
1-64 adv.
1.64
Steady.
Quiet.
d 2-04
advance.
steady.
S
The prices of futures at Liverpool for each day are given
below. Prices are on the basis of Uplands, Low Middling
clause, unless otherwise stated.
The prices are given in pence and 64<A>. Thus : 4 63 mean s
^^
4 63-64(i..
and 5 01 means 5
l-64d.
Mon. Tues. "Wed. Thnrs.
Sat.
Apr. 21. Apr. 23. Apr. 24. Apr. 25. Apr. 26.
Frl.
Apr. 27.
I212 1 14:5 4 1:45 4 1:45 4 1:45 4 1:45 4
P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M.
d.
5 23
April
April-May.. 5 20
Bffay-Jtme.. 5 17
June- July. . 5 15
July- Aug.... 513
Aug.-Sept. 5 04
.
Sept. -Oct....
Oot.-Nov
Nov.-Dec...
Dec- J an
Jan.-Peb
Feb.-Moh...
828
260
250
To Rotterdam— April 20— Steamer Nordkap, 700
Sabime Pass—To Liverpool— April 21— Steamer Saturnina,
April
week
Of which exporters took...
Of which specolators took.
Sales American
Actual export
Forwarded
Total stock— Estimated
Of which American— Est'd.
Total Import of the week
Of which American
233
389
507
782
233
Minneapolis, 7.
London, per steamers European, 50O
Havre, per steamer Inca, 782
Bhein, 5,692.. 10,240
Bremen, per steamers Bremen, 4,548
Pretoria,
Hamburg, per steamers Belgravia, 461
To Genoa, per steamers Kaiser Wilhelm
Sales of the
tta'et
Hull, per steamer Afridl, 389
To Antwerp, per steamers Amaranth, 3
Apr. 6.
4 47
4 36
4 30
4 28
4 26
d.
d.
d.
d.
d.
d.
d.
d.
d.
d.
d.
5 23 5 20 5
20 5 22 5 24 5 21 5 20 5 22 5 21 5 23 5 23
5 19 5 17
5 17 5 14
5 14 5 12
5 12 510
5 03 5 01
19
17
14
12
5 03
47 4 47
36 4 36
30 4ao
28 4 28
26 4 27
4
4
4
4
4
5
5
5
6
5
47 4 46 4
36 4 35 4
30 4 29 4
28 4 27 4
26 4 25 4
17
14
12
10
02
5
5
5
5
5 19 5
5 17 5
5 14 5
5 12 5
18
16
13
11
5 03 5 02
4 47 4 46
4 36 4 35
4 30 4 29
4 28 4 27
4 26 4 25
5 17 5 18
5 15 5 16
5 12 5 13
5 10 5 11
5 01 5 02
4 45 4 45
4 34 4 34
4 29 4 29
4 27 4 27
4 25 4 25
5 17 5
5 15 5
5 12 5
510 5
5 01 5
4 44 4
19
17
14
12
5
5
5
5
03 5
45 4
4 33 4 34
4 28 4 29
4 26 4 27
4 24 4 25
4
4
4
4
19
17
14
11
02
45
34
28
27
24
BREADSTUFFS.
Friday, April 37, 1900.
Early in the week business in the market for wheat flour
was dull, as buyers limited purchases to immediate wants,
preferring to hold off, awaiting the increased arrivals with the
opening of navigation. Subsequently, however, demand improved as an advance in prices for the grain had a stimulating
influence, jobbers being better buyers and there was an increased inquiry from exporters. The close was moderately
City mills have
active, with sellers insisting on full values.
been in moderate demand and stead/. Rye flour has been
moderately active and steady. Corn meal has had a fair sale
and prices have shown a hardening tendency.
Speculation in wheat for future delivery has been more
active.
At the opening of the week prices showed a fractional decline. The decrease in the world's visible supply
for the week was small. Foreign advices were easier and the
export demand was quiet. Crop prospects in the winterwheat belt were reported generally favorable, and springwheat seeding was reported as making good progress.
Liquidation of the long interest in May contracts also had a
weakening influence. Tuesday, however, there developed a
steadier tone on the Liverpool cable advices coming better
than generally expected, and on Wednesday prices advanced
about Ic. per bushel. The liquidation of the long interest
appeared to be largely over, and this, together with stronger
foreign advices and an improved export demand, less favorable weather conditions in the West and buying for both
long and short account, advanced prices. Thursday the market again turned easier. The foreign markets failed to follow the advance. Crop news from the West continued favorable and as bear operators were more aggressive prices
weakened. Early in the week business in the spot market
was quiet. Subsequently, however, demand improved, exporters being better buyers prices have followed futures.
To-day the market was steadier on scattered buying. Smaller
shipments from Argentine had a favorable influence. Locally the spot market was quiet, but there were reports from
the interior of fair sales for export.
DAn.T CLOBIHO PBICE8 OF MO. 2 BED WIHTEB IN NEIV^ ITORK.
Fri.
Sat.
Mon. Tues.
Wed. Thurs.
78ia
....
Cash wheat f. o. b
7938
7914
781*
78'i9
;
May
delivery in elev
72^
July delivery In elev
72''8
72ia
721*
7238
7258
73 13
Sept. delivery In elev.... 73i8
72'8
DAILY CLOSnCO PBICES OV NO. 2 SPRDTO IN
Tues.
Sat.
Mon.
May deUvepy in elev
65^4
64^8
6514
July delivery in elev
6638
66%
66%
6738
Sept. deUvery in elev....
6758
67%
7338
7353
74i8
72%
73^
73i8
73»8
73%
74!«9
CBIOAQO.
Wed.
66
67%
6818
Thurs.
6538
67
68
Fri,
65'i8
67»8
68ia
o
"
THE CHKONICLE
856
Indian corn fatures have been moderately active and
prices have advanced. Monday there was a fractional decline, liquidation of long contracts and easier foreign advices weakening prices. Tuesday there developed a stronger
tone. Re jeipts continued only moderate, weather conditions
in the corn belt were reported unfavorable for planting and
Wedoesday
there was a renewal of the export demand.
prices advanced sharply, showing a net gain for the day of
li^@li^c. There was renewed baying for investment account, confidence being fully restored hv light country offerings, small receipts, strong foreign advices, reports of de
layed seeding and a good export demand. Tliursday the
market was higher early in the day on continued general
buying. Toward the close, however, selling by recent buy-
ers to realize profits weakened prices and final figures show
a slight decline for the day. To-day the marketj was firmer
in response to stronger foreign advices and on a fair export
demand. The spot market was firm. Sales for export here
and at outports were 184,000 bushels.
DAILY 0LO8INO PBIOES OF NO. 2 MIXED OOBM IM NBTV
FVi.
Wed. Thurs.
Mon. Tues.
Sat.
48i«
48I4
48
4614
47
471*
Cash corn, f. o. b
4514
4513
45»fl
4388
44
44 is
May delivery In elev
4618
4618
45%
4478
44 38
July delivery In elev... 44%
46 1^
4618
45 14
461a
44%
45 ^e
Sept. delivers in elev
DAILY CLOSING PKICB8 OF NO 2 MIXED COBN IN CHICAGO.
Fri.
Wed. Thura.
Mon.
Tves.
8at.
3958
37'^8
3913
3»%
3314
SSH
May delivery in elev
4078
40ifl
4078
3913
39>4
39
July delivery in elev
4II4
41
411a
40
39%
__ ''s
39
„
^ in elev
Sept.
^^. delivery
firm, fancies irregular,
—
Oats for future delivery at the Western market have been
quiet but prices have advanced. The crop movement has
been very moderate and there has been a better cash trade,
advices from the interior reporting a mo derate line worked
for export. Sympathy with the advance in corn also has had
a strengthening ioflaence. Business in the local spot market
was quiet early in the week and prices were easier. Subsequently, however, demand improved, with exporters showing
more interest and prices advanced. To-day the market was
dull but steady.
YORK..
DAILY CLOSING PBICBS OF'OATS IN NKTT"--"
Nu. 2 mixed in elev
May
do
in elev
No. 2 white in elev
May
do
In elev
Sat.
JfOM.
28
28
26%
29%
i9H
26%
29 12
29
DAILY CLOSING PBICBS OF NO
Sat.
May
delivery In elev....
July delivery in elev....
Sept. delivery in elev
Rye has been
2258
22^8
22
Tues,
Wed.
""
Thurs.
27%
26%
28I4
28
28
29ifl
30
30
30
Fri.
2914
2988
2938
2 HLXBD OATS IN CHICAGO.
Fri.
Wed. Thurs.
Mon. Tues.
2338
2318
23
2288
22^8
23ifl
2358
2313
2318
23
22is
2238
22%
22
221s
2918
Barley
quiet and without decided changes,
has been in fair demand and firmer.
Following are the closing quotations:
FLOUB.
Patent, winter.... $3 60 ®3 85
$2 10 '92 45
City mills, patent.. 3 90 '94 20
2 25 a>2 60
Superfine
Ryeflour,superfine 2 70 '93 55
2 35 ®2 70
Extra, No. 2
» ....
Buckwheat flour
2 55 92 90
Extra, No. 1
Corn meal—
2 90 ®3 35
Clears
Western, etc
2 46 ®
3 35 ®3 75
Straights
Brandy wine
2 50 '3>
3 65
Patent, spring
(Wheat fiour in sacks sells at prl 00s below those for barrels.)
Fine
Prices firm for flannels and blankets,
but business small.
Domestic Cotton Goods.—The exports of cotton goods
from this port for the week ending April 23 were 736
packages, valued at $48,695, their destination being to the
points specified in the tables below
:
1899.
1900.
Nkw Yobk
to Apbh. 23.
Week. Since Jan,
Great Britain
Other European.............
China
1
West Indies
234
50
150
169
Slexioo
Central America
South America.......
Other Countries.....
Total
736
Since Jan.
TVe«fc.
1.
844
340
81
21
97,145
6,874
12,825
1.276
8,013
1,214
4.514
14,849
2,496
65
A.frloa
1.
586
354
67
India
Arabia
YORK.
—
LXX
[Vol.
88,!400
275
511
29
447
987
352
1,314
1^,323
5,556
9,749
1,625
3,128
17,493
3,371
3,724
150,543
i'o2i
150,146
The value of the New York exports for the year to date has
been |5,991.029 in 1900, against |5,308.516 in 1899.
The continued absence from the market of large buyers of
heavy brown cottons for export is causing some uneasiness
on the part of sellers of forward positions, and business in
these is practicable at lower prices than quoted for ready deliveries.
Ths home demand continue^ quiet for brown drills
and sheetings of all weights, and is mainly confined to near
positions; prices steady for leading lines but irregular in
others.
There is no change in the market for bleached
cottons; the
demand
is
and prices are
for limited quantities
without material change. Coarse colored cottons continue
scarce, and are firm for current requirements, but in some
quarters sellers are willing to sell ahead at moderate concessions
Wide sheetings are inactive but steady in price.
Cotton fltinnels and blankets firm with light sales. No change
in kid-finished cambrics or other cotton linings. Fancy prints
are in slow demand at irregular prices. Indigo blues, shirtings, mournings and other staple calicoes, are steady, with
moderate sales. Fine printed fabrics and napped varieties
Supplies of ginghams are small in both staples and
firm.
dress- styles, and prices are easily maintained. Regular printcloths have again been totally neglected, and are nominal at
31^0. In ofld goods only a limited demand has come forward,
barely sufficient to test prices.
Foreign Dry Goods. -There has been no change in the
general character of the market for imported merchandise.
Business in all lines has been on a limited scale. Dreesgoods
Linens firm.
and silks steady. Silk ribbons irregular.
Burlaps steady.
Importations and W^arebonse W^lthdra^vals of Drj Gooda
The importations and warehouse withdrawals of dr) good^
at this port for the week ending April 26, 1900, and sine*
January 1, 1900, and for the corresponding periods of las
year areas follows:
OBAIN.
Wheat, per busn.—
o.
c.
Hard Duluth, No.l 76ifla82ia
No.l 74i2®77
N'tbera Dul.,
Bed winter. No. 2.
N'thern N Y. No.l.
Oats-Mix'd.p.bush.
76^'a>78''s
78% 9755a
27% ©2914
29i2@33
Com, per bush.—
Western mixed
No. 2 mixed
Western yellow
Western white
c.
c.
44%948'«
46i4®48i4
4514948I4
Rye, per bush-
56 961
Western
57 961
28 929
State and Jersey
30 ®31
Barley— Western
50 •954
No. 2 white
Feeding
44 '9481s
For other tables uauallr slven here see page S'i6.
White
No. 2 mixed
'
THE DRY GOODS TRADE.
York, Peiday, P. M., April 27, 1900
A very dull market has been reported this week in all departments. The retail trade is, according to accounts, of
fairly satisfactory proportions, but these same accounts show
plainly that the stocks in retailers' hands are liberal enough
to enable the latter to keep out of the market to a considerable extent for some time to come. Supplementary busioess
with both jobbers and at first hands is hardly likely, thereThis is
fore, to show much improvement in the near future.
somewhat disappointing, as a good retarn trade had been
counted upon in most quarters during May. The tone of the
primary market has not, however, undergone any change of
moment. Deliveries on existing orders are still sufficient to
keep stocks irom accumulating to any extent, and to prevent
immediate pressure to move uosold merchandise. There are
Bome sellers rather weaker on spot goods than of late, but
they are in a minority, all leading- lines remaining steady for
near positions. On forward basiness the general disposition
tavor of buyers.
Woolen Goods.— Conditions in this
—
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are no better than in cotton goods. The demand is of very
limited extent in all lines of men's- wear woolen aiDd worsted
Deliveries of fall weights are going forward, and
fabrics.
are evidently taking full care of buyers' present; needs. Sellers
who, during the preceding few weeks were pressing certain
lines of fancies ior sale, have this week done little in that direction, owing to the proaounced apathy of buyers. This
has given the market an appearance of less irregularity, but
the weak spots are still really there. All staples are in good
condition and steady in prije. For overcoatings the demand
has been limited, at previous prices. Cloakings are dull and
irregular. Woolen and worsted dress-goods also dull; staples
;
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April
——
—
—
THE CHRONICLE.
38, 1900.J
m^
gTiiTE
City
HtfAnwtm.
867
Cleves (Ohio) School District.— Bond Sale.— On April 24
$2,000 5% 1-10-year (serial) school bonds were awarded to
Co., Cincinnati, at 108-25- an interest
Rudolph Kleybolte
basis of about 3-M}4^. Following are the bids
&
:
Bond Calls and Redemptions.
R. Kleybolte
&
Co., Cincin. ...$2,165 00
2.155 50
Co., Cincin
l
P. S. Brlegg
&
Co., Cincin
$2,14160
Br ghton Oerman B'k, Cincin. 2,i8100
K Todd &
Barliagame Township, Osage County, Kan.— Bond Call. W.
2,15120 Lamprecht Bros. Co., cleve.
Henry Lemmon, Cleves
2.110 6&
2,15000 First Nat, B'k, BamesvlUe.... 2.101 OO
Sods. Cleve
Hayes*
W.J.
T. W. Mings, Township Treasurer, calls for payment July Seaaongood & Mayer, Cincin. 2,145 60
1, 1900, at the National Bank of the Repnblic, New York
Delhi Township (Ohio) Sub School District No. 5.—
City, one thousand-dollar bonds Nos. 1 to 24, inclusive, is- Bona Offering.— Fiopoiala will be received until 12 M., May
17, by John H. Carson, Clerk Board of Eiucation, at the
sued Oct. 1, 1879, in aid of the M. A. & B. Railroad Co.
office of B. J. Goodin, Pearl and Walnut streets, Cincinnati,
The official notice of this bond call will be found among for $1,000 i% 10- year bonds. Securities are issued under au|
,
—
.
the advertisements elsewhere in this Department,
Bond Proposals and Negotiations
this
week have been as follows
Ada County (P. 0. Boise), Idaho.—Bond Offering.— Pto:
gosals will be received until 10 a. m,, May 14, by C. S. Mclonnell, Clerk Board of County Commiseioners, for $15,0(0
gold bridge bonds. Securities are in denomination of $500,
and were voted at an election held March 31. Interest will
be at a rate not exceeding 6%, payable Jan. 1 and July 1 at
the office of the County Treasurer. Principal will mature
cer$1,500 yearly, beginning ten years from date of issue.
tified check without conditions for 5% of the amount of bonds
bid for must accompany proposals.
Albany, N. t.—Bond Sale.— Oa April 23 the $60,000 %%%
1-20-year (serial) school- construction bonds were awarded to
the Albany County Savings Bank at 103-75, and the $10,000
^\0, 1-20- year (serial) Beaver Park bonds to the same institution at 104 04. At these prices the bonds will net the investor
3"08^ and 3 Q4>'%, respectively. The following bidders were
Co., New York; Joseph E.
Farson, Leach
represented
Co,, Philadelphia; W. R.
Gavin. Buffalo; Dick Brothers
Co., Boston; W. J.
Todd <fc Co., New York; Jose, Parker
Co., New York;
Sons, Cleveland; N. W. Harris
Hayes
Co., New
Estabrook
Co., Boston; Pi ice, McCormick
York; I«<aac W. Sberrill, Poughkeepsie, and the Albany
banks. For full description Jof bonds see Chronicle April
A
&
:
&
&
&
&
14, p. 755.
&
&
thority of sections 3991 to 3993, inclusive Revised Statutes
of Ohio. They are in denomination of $500, dated May 17,
Interest will be payable semi-annually at the National
1900.
Lafayette Bank of Cincinnati.
Dubuque, Iowa. Bond Issue.— It is stated in local papers
that the banks of Dubuque have agreed to buy at par the
$545,000 'i}4% water bonds of this city, providing that their
legality be established in the courts. These are the bonds
offered but not sold on March 31.
East
—
Cleveland
(Ohio)
School District— Bond
Offer-
Proposals will De received until 12 m., May 15, by J.
ing
D. Chambers, President Board of Education, No. 719 Hickox'
Building, Cleveland, for $8,000 5^ bonds. Securities were
voted at the election held March 7, and are authorized by
sections 3991, 3992 and 3993, Revised Statutes of Ohio. They
are in denomination of $500, dated May 15, 1900. Interest
will be payable May 15 and Nov. 15 at the Society for SavPrincipal will mature $500 on May 15 of
ings, Cleveland.
the vears 1902, 1904, 1305 and 1907 to 1911, inclusive, and on
Nov. 15 of the years 1903, 1903, 1905, 1906, 1907, 1909, 1910-
and 1911.
Eastman, Ga.—Bond Sale.— On April 9 the $15,000 30-year
electric-light and water bonds were awarded to F. M. Stafford & Co., Chattanooga, at 100*666 for 5% bondf- an interest
b sis of about 4*958^. Other bidders were as follows W. J»
Hayes & Sons, Cleveland, $15,936 for 5 per cents; The Trowbridge, MacDonald & Niver Co., Chicago, par less a commission of $275 for 5^ bonds, and S. A. Kean, Chicago, 104 for
6% bonds. For description of securities sse Chronicle
—
:
C—
Bond Sale.— On April 25 the $2,000 bonds March 31, p. 652.
AndersoD, S.
Elizabeth City, N. C.—Bond Sale.— On April 21 the $10,of this city wtre awarded to Geo. E. Gibbons of Charleston.
Angels School District, Calaveras County, Cal.— Bond 000 5% 22-31-year (serial) street-improvement bonds were
Sale.-Oo. April 17 the $15,000 1% 1-10 year (serial) gold echool awarded to the First National Bank, Elizabeth City, at
bonds were awarded to the Oakland Bank of Savings at 102*25— an interest basis of about 4-849^. The only other
bid submitted was that of W. J. Hayes & Sons, Cleve113'90 an interest baS'S of 4't47^. Following are the bids
For description of bonds see Chronicle
Oakland Bank of Savings. .$17,086 00 liamprecht Bros. Co., Cleve. .$15,475 00 land, at 102 07.
—
:
. .
I
16,800 00
Isaac Springer, Pasadena
For full dt-SL-nption of bonds
I
see Chronicle Apr. 14, p. 755.
Barker (Town), N. T.— Bond Offering Proposals will be
received until May 1 by David B. King, Town Supervisor,
1-6-year highway bonds.
for $9,600
Baton Rouge, La. Bond /SaZe.— The "Boston News Bureau" states tbat the remaining $71,000 4^ improvement bonds
of the issue of $135,000 bonds has been disposed of to Isidore
Newman at a trifle above par. See Chronicle March 31,
April
14, p. 756.
—On April 2 the $2,000 Q% 1-10year (serial) gold market house bonds were awarded to the
Bank of Enfield at 105—an interest basis of about 4 95^.
Englenood, N. J. Bond Offering.— PTopoaailB will be received until 8 P. M., May 15, by Robert Jamieson, City Clerk,
for $65,000 33^^ 30-year school bonds. Securities were voted
at the election held April 10. They are in denomination of
p. 651.
Bellefontaine, Ohio.— Bond Sale.— On April 24 $26,300 80 $1,000, with interest payable June 1 and December 1. Bonds
6^ street- improvement bonds were awarded to Rudolph Kley- are free of New Jersey taxes. The total indebtedness of the
bolte & Co., Cincinnati, at 112-99. Following are the bids city is $82,000 and the assessed valuation $5,000,000.
received
The offlcial notice of this bond o£ering will be found among
R. Kleybolte & Co.. Cincin. .$29,718 49 Feder, Holzman & Co.. Gin... $20,125 43
H. A. Newoher & To.. Cleve. 29,590 0«' Denison, Prior & Co.. Cleve. 29,0l7 30 the advertisements elsewhere in this Department.
;8,»W6 80
W. R. Todd & Co., Cincinnati. 2«,36i1 30 P. S. Briggs & Co.. Cincin
Seasongocid & Mayer, locin. 2^,220 9* Newlst Mat. Bk., Columbus.. 28,42d SO
Essex Junction, Vt.— Bonds Not Sold. We are advised
Lamprecht Bros. Co., Cleve 29.20» 60
that the $25,000 water bonds offered for sale on April 24 were
For desciiption ot bonds see Chronicle April 14, p. 755.
Biddefurd, Me —Bond Sale—Oa April 20 an issue of $25- not disposed of.
Evergreen, Ala.— Bond Offering, Proposals will be re000 4^ 20 year refunding bonds was awarded to Farson,
Leach & Co., Neiw York, at lt2'14 an inl erest^ basis of ceived until 12 M., May 5, by T. D. Jackson, City Clerk, for
$25,000 6% 30-year water-works and electric- light bonds..
about 3-176^. Following are the bids
Securities are in denomination of $1,000. Interest will be
Adams & Co.. Boston
nO-21
Farson, Leach A Co.. New York. 112 14
109-17
Denison, Prior & Co.. Boston.. .Ii2-0i»
C. P. Phelps & Co., Boston
payable Jan. 1 and July 1 at the Hanover National Bank,
lll-r^S W. R. Todd&Co., Cincinnati.. ..l(8*20
N. W. Harris & Co., Boston
—
Eufleld, N. iJ.—Bond Sale
H
:
.
.
—
i
—
—
:
111-50
J 08*01
Jose, Parker & Co., Boston.
W.J. Hayps & Sons, Cleve..
107-15
Swan & Barrett. Portland
1 11-21
Biddef ord Sav. Bank
-03
11
E. H. Gay & Co., Boston
Buifalo, N. Y,— Bond Issue.— The City Comptroller has
been awarded a bond for $3,022 90 in trust for the Bailey
.
.
New York
City.
—
River, Mass.— Bond Offering. The Board of Aldermen has authorized the issuance of $100,100 3\{i 35year school, $20,000 B^i% 30-year water and $25,000 S%% 30year sewer bonds. Securities will be in denomination of
Avenue Sewer Sinking Fund. The bond is dated April 1, $1,(jOO, dated May 1, 1900. Interest will be payable semi1900.
annually. The Common Council has concurred in this acBond Bill Signed by Governor. The Governor has signed tion. Proposals for these bonds, it is stated, will be received
the bill permitting the issuance of $60,000 bonds for a quaran- until 10 A. M. to day, April 28, 1900.
tine hospital.
Frederick County, Md.— Bond Offering.— FTopoa&la will
Chelsea, Mass.— Bond fixate.— On April 24 the $20,000-4^ be rt-ceived until 12 M., May 28, by William
Horman,
park bonds were awarded to R, L. Day & Co., Boston, at President of the County Commissioners, for $168,700 d%% 20118*56— an interest basis of about 3-142^. Following are the 40-year (optional) bonds. Securities are issued undt-r authorbids
ity of Chapter 483, Laws of 1900.
They will be in denomina118-58
R. L. Day & Co.. Boston
Perry, CofiBn & Burr, Boston. ...117-635
tions of not less than $100 nor more than $1,000, dated July 1,
County Sav. Bank of Chelsea.. ll^-3825 W. R. Todd & Co., New York. .117-50
118-336
W. J. Hayes Sons t;leve
..117-07
Blake Bros. & Co., Boston
1900. Interest will be payable semi-annually.
Bonds are
117-07
Estabrook & Co., Boston..
..118-317
Parkinson & Burr, Boston
117-> 5
exempt from all county and municipal taxation.
Blodget, Merritt \ Co.,Boston. 118-16
Jose, Parker & Co.. Boston
C. S. Cummings & Co., Boston.. 117-09
a. C. Jones & Co., New york.... 115-268
Gratiot County, JMich.— Bond Ojfering.- Proposals will be
Bonds mature Oct. 1, 1936. For further description of received until 12 M. May 5 for $34,000 4% court house bonds.
securities see Chronicle April 14, p. 756.
Securities are in denomination of $1,000. Interest will be
Cleves, Hamilttm County, Ohio. Bond O^ertna.— Pro- payable semi-annually and the principal will mature in five
posals will be received until 12 M., May 19, by E. H. Graham, years. These bonds were authorized at a recent election by
Village Clerk, for $10,000 5^ street- improvement bonds. Se- a vote of 4,058 to 2,311 and are issued under authority of
curities were voted at the election held April 2 and are issued sections 2484, 2491, 2492 and 2493 of Miller's Compiled Laws.
pursuant to sections 2835 and 2837, Revis^-d Statutes of Ohio. The county has no indebtedness at piesent and the assessed
They are in denomination of $500, dated May 1, 1900. Inter- valuation is $9,598,000. The population in 1894 was 28,776.
est will be payable May 1 and November 1 at the Market The official circular states that there is no controversy or
National Bank of Cincinnati. Principal will mature May 1, litigation pending or threatened concerning the validity of
1920.
these bonds. A. P. Lane is County Clerk.
Fall
—
H
:
I
.
I
,*
,
:
THE CHKOWICLE.
858
denomination of $500, dated May 25, 1900. Interest vi ill be
payable semi-annually and the principal will mature May 25,
Authority for the issuance of these bonds will be
1940
found in sections 2835, 2836, 2837 and 2837a, Revised Statutes
of Ohio.
,.
.
,
^
Uedrick, Iowa.—Bond Sale.—The $5,000 4^ electnc-hghtplant bonds mentioned in the Chronicle April 7 were sold at
private sale on April 14 to N. W. Harris & Co.. Chicago.
These are the bonds which some papers state will be offered
for sale on May 1.
,„,
aHibbing (Mian.) School District.— Bond Sale.— This district recently sold $9,000 4% school bonds of the State of Min-
31, page 652.
Madisonville (Ohio) School District.— Bond Offering.—
Proposals will be received until 7 p. m., May 11, by G. L.
Krieger, Clerk Board of Education, for $35,000 4^ bonds. Securities were voted at the election held April 17.
They are
in denomination of $500 and will be dated the day of sale.
Interest will be payable semiannually at the Fourth National Bank, Cincinnati. Principal will mature in thirty
years. Authority for the issuance of these bonds is found in
sections 3991, 3992 and 3993, Revised Statutes of Ohio.
Mamaroneck, Westchester County, N. Y.—Bond Sale.—
Following are the bids received on April 18 for the $15,000
street, sidewalk and bridge bonds
nesota.
will be reClerk,
Village
Lewis,
Frank
by
May
21,
12
m.,
until
ceived
for 111,473 A%% 1-10-year (serial) street- improvement bonds.
Securities will be in denomination of $1,147 30, dated April
Interest will be payable annually. This offering,
28, 1900.
we presume, takes the place of the $1,447 30 bonds, the
amount originally advertised for sale on May 7, as mentioned
Hyde Park, Ohio.— Bond 0#«rmgr.— Proposals
Indianola, Miss.—Bond Sale.— On April 10 the $"^.000 5-20year (optional) water bonds were awarded to the Sutflower
Bank of Indianola as 6 per cents. The only other bid received was from F. R. Fulton & Co., Chicago.
Jackson, Jackson County, Mich.— Bond Offering.— Fioposals will be received until 8 p. M., May 21, by W. J. Caldwell, City Recorder, for jthe $35,000 river- improvement and
$25,000 water- extension bonds voted at the election held
April 2. Securities will be issued in denominations to suit
purchaser, and will be dated July 15, 1900. Interest will be
at a rate not exceeding i^%, payable semi-annually. The
river-improvement bonds will mature July 15, 1915, and the
water bonds July 15, 1916.
Kansas City, Ao.—Bond Sale.— On April 18 Trowbridge,
MacDonald & Niver Co., Chicago, were awarded $116,679 60
1% 20year park-fund certificates at 105*498 and accrued
interest from Jan. 13, 1900. Following are the bids
W. G. Eads Brok. Co., St. IiOuis.104'50
Trowbrldtre. MacDonald & Niver
:
100-29
Geo. M. Hahn (3-405C bonds)
Sutro Bros. (3-40 bom's)
lOO'OO
Edw. C. Jones & Co. (3 i5% bd8.)100-00
SeasonBOod &Mayer(H-50i{ bds.) 101-317
W. J. Hayes & Sons (3'50 bondsj.lOl'l?
|
—
,,
,
.
Kirksvilie, Mo.—Bond Sale. This citv has sold an issue
of $15,000 4^ refunding bonds to R. V. Montague & Co.,
Kansas City. Securities are in denomination of $500. Principal will mature Jan. 1, 1915, subject to call after Jan. 1,
A
1910.
We
Knox County (P. 0. VIncennes), Ind.—Bond Offering.—
William H. Vollmer, County Treasurer, will sell at public
auction at 2 p. M., May 9, $17,288 80 Q% bonds for the construction of what is known as the James H. Welt on et al.
Drainage System. Thirty-four bonds are in denomination of
$500 and one bond $288 80. Interest will be payable semiannually at the National Park Bank, New York City. Principal will mature as follows $1,000 in each of the years 1902
and 1903, $1,500 in 1904, $1,788 80 in 1905 and $2,000 yearly
from 1906 to 1911, inclusive.
are advised
Natchez, Miss.— Descr/p^ion of Bonds.—
that the $26,000 school-house bonds, which we stated last
week had. been voted on April 10, will bear not exceeding 5%
Principal will mature in thirty
interest, payable annually.
years, subject to call after five years. It will be several
months before bonds will be ready for sale.
Newport Improvement District No. 4, Jackson County,
are advised that no satisfactory
Ark.— Bonds Not Sold.
bids were received on April 18 for the $40,000 5% l-2U-year
(serial) water-works bonds, and that therefore the bonds
description of these bonds will be found iu
were not sold.
the Chronicle March 24, p. 601.
—We
:
will be received until 12 m.,
May
by William H. Vollmer, County Treasurer, for the
lowing bonds
fol-
Bond Offering.— PtOTpoBsAs
10,
166,307 66 Joslah Philllppl et al. Free Gravel
of 1500 eacii and one bond of
May
A
New York
Road bonds, maturing two bonds
each six months, commencing
15, iwil.
Koch et al. Free Gravel Road bonds, maturing one bond
of $500 and one of $67() u8 each six months, commencing with May
47,013 41 William F.
16, 1901.
Securities bear interest at the rate of 43^^, payable May 15
and Nov. 15 at the Hanover National Bank, New York City.
certified check for $500 will be required with the bids for
A
each issue.
Live Oak County, Texas.—Bond Sate.— This county has
sold to the State Permanent School Fund $9,000 i% 2-20-year
(optional) refunding bridge bonds at par. Bonds bear date
April 10, 1900.
Louisville, Ky.—Bomi Sale.— On April 20 $448,000 S}4%
40-year gold refunding bonds were awarded to W. H. Edin
ger, President of the German Insurance Bank of Louisville,
at 109'31— an interest basis of about 3*093^. With the pro
ceeds of the sale of these bonds ($489,708 80) the city will redeem $490,000 5% bonds bearing date May 1, 1880. Following is a full list of the bidders
I
[
f
100.000® I0y21
90,000@109-16
Louisville
National
Banking Co
|
10.000@109-fl9
lO.OOOc.T! 109-61
10,OuO@10«-29
Almcledt
Brothers,!
Louisville
I
5,000(al08-.'i5
4,000(aiOH-26
4,00«J@108-70
D. S. Green,
LoulkVille..
4.000@106-80
4,000®106-67
German
Security Ins.
C,-,
T.mii^vlllB
l.«oulsvllle
CO.,
)
\
J''-{'"^f*]!,S'.?2
30.000('<a00 16
I
10.000®104-l0
W.
J.
Cleveland
Denlson, Prior
i
1
1
&
lithographed blank bonds.
Ohio State University.— Bond O^ering.— Proposals will
be received until 12 m.. May 1, by Alexis Cope, Secretary,
Columbus. Ohio, for $10,000 i}4^ refunding bonds. Securities
are in denomination of $1,000, dated June 1,1900. Intere!tt
will be payable June 1 and Dec. 1 at the Ohio National Bank,
Columbus. Piincipal will mature $5,000 on Dec. 1, 1906,
deposit of $500 in cash will be
and $5,000 on Dec. 1, 1907,
rt quired with each bid.
Paciflc School District, Humboldt County, Cal.— Bojid
Sale.— On April 10 an issue of $3,500 G% 1-10 year (serial) gold
bonds was awarded to the Oakland Bank of Savings al;
107 '244 an interest basis of about 430.
Following are the
bids
$2,681 00 George Zehndner
Oakland Bank of Savings
$2,676 00
A
&
.
—
.
I
.
7, p. 703.
Par
stated last week, bonds were awarded to Seasongood
Mayer, Cincinnati, their bid also including the furnishing of
463,000@106 83
Co... 464.000@10.v60
For description of bonds see Chronicle April
expenses)
As
(
.
Par
I
.
&
denomination of $500 and
Authority for the issuance of these bonds is
in
Seasongood &, Mayer, Cincin. $50,156 00 R. Kleybolte & Co. (less $600 for
expenses)
Commercial Nat. Bk.. Ogden. 60,076 00
N. W. Harris & Co., Chicago. 60,011 00 Mason. Lewis & Co. (less $875 for
16.=>,0('0@106-37
Safety j 200,000(0) 109- 18 P.S Brlgiis. &('(
Vault Co., Loulsv'lei 450.COC@l08-99 Sensonuood & Mayer... 4U5.000®10&'S1
S'.A Culbertson.Loulsv. 467,000® loeT'O
60,00 0@1 08-68 l.,amprocht Bros. Co.... 4B7.r,0('®104-96
The We8t.Bk.,Loulsv
6.0OCC'^lll8-;i0
J. M. Huin.Hey, J.ouIbv..
Campbell, Wild & Co.
468,000® 104-70
60,000@10tt-25 Spit zer
of
Am.
Ins.
Co.
8uu Lite
A Co
l'ro.oo''@104"25
Columbia Fin. ATr. Co.tot.amt.®l<i70l W. R. 'J odd &Co
4i)0,000@lt2-9i!
6O,000@10700
J. S. Phelps, LoulsVlc.
Fidelity Tr.
cement sidewalk bonds,
—
Holrman & Co. 461,0C0@10617
Hayes & Sons, 5 490,0nf ©10608
Feder,
30- year
A
80,000®10«I4 J. H.M. Morrts.Loutsv.
80,001 @108-8e B. Kleybolte & Co
402,000®10fl-6«
460,(i00@108-58
6,000®i08-80 N. W. Harris & Co
3(',000®108«9 R. L. Day 4 Co
460,00C@ 106-66
6.0tO@lC8-65 New Ist Nat.Bk.,Colum 461.00i@106-26
30,01 0@108-5H
6.01 OQIOS 36
10,000@108'00
J. W.Jfc
I
4!t
certified check for 5^ of the amount of the bonds, payable to the Village Clerk, must accompany proposals for each
of the above issues.
Ogden, Utah. Bids. — Following are the bids recived on
April 16 for the $50,000 4% 10-20-year (optional) gold refunding bonds
50,000®1<8 26
60,000®108-12
50.100@108-06
50,000® lOWOO
50,OCO@107-77
5o,000®107-60
50,001 @107-25
5,000®107-00
i
Signed,— The Governor has
Bills
dated April 16, 1900.
found in Section 2334, A, B, C. Revised Statutes of Ohio.
22,620 62 4% 2ii-year refunding bonds, all in denomination of t60o except one
bond, which will be for $120 62. They are dated April 16. 1900, and
are issued under Section 2701. Revised Statutes of Ohio.
590 21 G% 1-6-year (serial; sewer bonds, dated March 21, 1900.
$50,000ffll08-36
r
I
W.H.Edlnger, Lo'lsv. < 150.0i)0@109-24
Bond
:
115,000 00
:
®109-31
$150,000@10«-31
City.
signed a bill authoiizing the extension of funded indebtedness of New York, Kings, Qaeens and Richmond counties;
also a bill permitting the issuance of $500,000 bonds for the
Kings County Hall of Records.
Norwood, Ohio. Bond O^ertng.— Proposals will be received until 12 M., May 21, by W. E. Wichgar. Village Clerk,
at the office of William R, Collins, -Room 505, Johnston Building, Cincinnati, for the following bonds
(*)56 19
fall
I
Interest will be payable semi-annually.
Muskingum Connty(F. 0. Zanesvilie), Ohio.— Bond Offering.— PTOi)osals will be received until 12 M., May 15, by James
L. Starkey, County Auditor, for $200,000 4^ bridge bonds. Securities are issued in accordance with sections 22b, 871 et
seq, and 2825 of the Revised Statutes of Oaio.
They are in
denomination of $l,r00, dated May 1, 190O. Interest will be
payable May I and November 1 at the office of the County
Treasurer. Principal will mature $20,000 on May 1 of the
years 1909 to 1912, 1914 to 1918, and 1920, all inclusive.
certified check for $5,000, payable to th-s County Commissioners, must accompany proposals.
Fidelity Tr. Co.. Kansas City.... 104-10
Farson, Leacti&Co., Chicago... 103 60
I
I
.
—
:
105-498
Farson, l,each &Co.(8-50«bd8.).iro-28
Denison.Prior & Co. (8-80% bds ) 100-20
R. Kleybolte & Co. (4« bonds). ..105-39
W. R. Todd &Co. (1% bonds). ...30i-25
R. Kleybolte & Co. (5!e bonds)... 113*75
1
For description of bonds see Chronicle April 14, p. 757.
Manchester, N. V,.— Notes to be Issued. We are advised
that this city will issue (probably next October or November)
$33,000 jadgment notes maturing May 1, 1901.
Mt. Vernon, N. Y.—Bond Sale.— Oa April 24 §28,000 i% 5year assessment bonds were awarded to Sutro Bros. & Co.,
New York, at 103-565— an interest basis of about 3"223^. Securities are in denomination of $1,000, dated April 2, 1900.
I
Chicago
LXX.
March
.
Travelers' Ins Co.. Hartford...l07'50
ITeder, Holzman&Co., Clncin...l05-U
[Vol.
Lo'well, Mass.— ioan Ne(,cttatea.— This city has negotiated the loan for $45,000 (mentioned in the Chronicle
March 24) with a local institution at a "very low rate of interest." Loan was made to provide means for a new school
building.
Macon (Ga.) School District.— A'o Bonds to be Issued.Some papers have it that $5,000 school bonds will be sold on
May 1. Upon inquiry we are advised by the Saperintendent
of Schools that no bonds will be issued by the Board of Education this year. It is possible that these papers have con
fused this place with that of Jackson, Ga., wbich city will
sell $5,000 bonds on May 1, as was stated in the Chronicle
Hartwell, Ohio.— -Sowd 0^er»ng.— Proposals will be received until 12 M., May 25, by T. H. Marpe, Village Clerk,
for |7,500 4% street-improvement bonds. Securities are in
Co
——
:
:
.
A. H. Conger, Los Angeles.
.
.
.
2.6i2 00
|
.
April
THE CHRONICLE.
28, 1900.]
Securities are in denomination of $250, dated June
Interest will be payable annually at the office of the
1,
Quincy, yiass— Bond Sale.— On April 23 $30,000 SH% 1-30year (serial) water supply bonds were awarded to Esiabrook
& Co., Boston, at 104427 an interest basis of about 3137^—
and $20,<i00 S}4% 1-25-year (serial) street-improvement bonds
to C, S. Cummings & Co., Boston, at 104-19 a basis of 3-152;?;.
Following are the bids received
»2f>,000
1900.
County
—
Treasurer.
J.— Bond O^enwgf— Proposals
will be rePater^on, N.
May 2, by the Committee on Finance of
ceived until
the Board of Aldermen, Joseph S. Lang, Chairman, for
$150,000 4^ permanent street-improvement bonde. SecuriInties are in denomination of $1,000, dated March 1, 1900.
terest will be payable semi-annually, and the principal will
—
2pm,
A check
certified
by a national or
State bank, payable to the City Treasurer,
must accompany
mature March
1,
1910.
:
$30,000
Water Bonds.
Bstabrook & Co.. Boston
C. 8. CuramlntrB * Co., Boston
BlodKet. Merritt & Co., Boston
Jose. Hiirker&Co., Boston
Adams* Co.. Boston
Pawtncket, R. 1.— Bids Rejeciecl.— AW bids received on
April 24 for $60,000 d^% gold water and $40,000 S}4% gold
sewer bonds were rejected. The bonds are in denomination
of $1,000, dated April 1, 1900. Interest will be payable semiannually and the principal will mature April 1, 1930.
Philomath School Dbtrict No. 17, Benton County, Ore.
Bond O^eringr.— Proposals will be received until 3 p. m..
May 10, by W. H. Boles, Clerk of the district, for |3,500 6%
5-10 year (optional) bonds. Securities are in denomination
of $500.
Interest will be payable semi-annually at the First
National Bank of Corvallis or at a bank in Portland, Ore.
Purchaser will be required to furnish the blank bonds.
Pittsburg (Pa.) Horaewood Sub-School District.— Bond
SaZe.— This district has sold an issue of $100,000 S}4% 15-25
year bonds to Dick Bros. «fe Co., Philadelphia.
Preble County, Ohio.— Bond SaZe.— Newspapers report the
sale of $15,000 4% ditch bonds to the Preble County National
Eaton at
101-38.
Provideno e, B. l.—Bond Sale.— On April 24 the |3,266,0C0
Co. and
3% 30-yfar gold bonds were awarded to Blake Bros.
Kidder, Peabody
Co., Boston, at their joint bid of 100-13
for the entire amount. At this price the bonds will net
2-994<6 interest.
Other bids received were as follows Providence Institution for Savings, |300,000 at 101*26, and the Industrial Trust Company, Providence, 100 51 for $600,000.
For full description of bonds see Chronicle April 21, 1900.
&
:
Blake Bros.
Co..
RLDavA Co
Boston.
.
.
.$27,792
f
H. Rollins & Sons. Bo9ton.J27,45« 00
W. Harris & Co.. Chicaeo.. 87.320 00
Trowbridge, MacDonald & „^ „„„ ,^
26,609 50
Niyer Co.. Chicago
B.
N.
I
27.709 25
Boston..
Denlson Prior & Co.. CIcve.. 27.676 00
BloaBet.Menitt&Co..Bost. 27,665 00
I
I
1
JNVESTME^
Government
Sealed bids will be received at my ofiBce at noon on
1900, for tbe purchase of $200,000 Spokane
County, Washington, funding bonds, or so many
thereof as may be necessary and sufBcient to fund
all of the general county warrants, legally and regularly Issued and now outstanding, dated May 2l8t,
1900, maturing May 21st, 1920. bearing 4]4 per cent
interest, payable semi-anuually, both principal and
interest payable at the Washington fiscal agency.
May 7th,
New York City.
denominations of (1,000 each, and
are issued for tbe purpose of funding outstanding
warrant indebtedness of the Couni y.
Bidders are asked to name the price and rate of
interest at which they will take all or any part of
said bonds, and will be required to deposit a certified
check of (10,000 upon some national bank as a guar_
anty. All bids shall be uncondit onal.
The right is reserved to reject any or all bids.
Given by order of the Board of County Commissioners.
A. Ij. SMITH, County Treasurer.
in
^6fi5,000
of
NOTICE IS HEREBY GIVEN that bids for the
purchase of Municipal Improvement Bonds issued
by the Town of Yreka, in tbe County of Siskiyou,
State of California, to be dated April 16th, 1900. will
be received by the Clerk of said town at his office at
Yreka, up to 8 o'clock P. M. on Saturday, May 19th,
J.,
SCHOOL BONDS.
Proposals will be received until 8 P. M., May 15th,
by Robert Jamieson, City Clerk, Englewood,
Bergen County, N. J., for 865,000 3}i56 thirty-year
bonds for School Purposes, voted for at election
held April 10th last. Denomination, $1,000. Interest payable semi annually, June 1st and December
Ist. Sinking fund of $2,100 per annum deposited
with trust company. Assessed valuation of Englewood. $5,000,000. Total debt, including this issue.
$82,000. Bonds free of New Jersey taxes.
1900,
Notice.
Notice is hereby given to the holders of bonds
issued by Burlingame Township, Osage County,
Kansas, to the M. A. & B. Railroad Company, dated
October 1st. 1879, and issued in the sum of $24,000,
In denominations of $1,000 each, numbered from one
to twenty-four inclusive, that pursuant to an order
of the Township Board of said Township, said bonds
will be paid at the Kansas State Fiscal Agency, the
National Bank of the Republic, in New York City,
on the 1st day of July, 1900, and on said date Interest upon said outstanding bonds will cease.
T. W. MINGS,
Township Treasurer of Burlingame Township.
FURNISHED FOR THE PURCHASE. SALE OB
axCHANGE OF ABOVE SECURITIES.
LISTS ON APPLICATION.
Said bonds are eighty in number, each of the denomination of $875, and bear interest at five per
cent per annum, parable on the 16th day of April of
each year. Interest and principal payable in Gold
Coin. Bids will be opened by the Board of Trustees
M
of said May 19th, 1900.
at 8 o'clock P.
The Board reserves thci^rigbt to reject any and all
W. HARRIS &
N.
31
NASSAU
U. F. BROWN,
City Clerk of Yreka, California.
~"
^so,ooo
semi-annually.
Each bid must be accompanied by a check on a
National Bank in the sum of $1,000, payable to the
City of Omaha, and must state amount bid for and
premium oflfered. and that accrued Interest to date
of delivery will be paid.
The right to reject any
and
all
bids
is
reserved.
Special
Bonded Debt
Assessed Valuation. 1900
Tax Rate per $1,000.
Population estimated
A. H.
h%
"^
WE
NEW
B0SENBER9ER & LIVERMORE,
(Specialists In Southern and Western Bonds.)
NEW YORK.
31 NASSAU STREET,
C.
JONES
YORK.
PHILA..
-
-
Charles
&.
CO.,
NASSAU STREET.
-
1
-
112 SO.
FOURTH
Whann &
DEALERS
MUNICIPAL
ST.
Co.,
IN
RAILROAD
and
SECURITIES.
71
BROADWAY
NEW YORK.
•
MUNICIPAL BONDS.
E. C.
121
Stanwood &
Co.,
BANKERS,
Devonshire Street,
BOSTON.
MUNICIPAL BONDS.
160,000
AND WESTERN
SOUTHERN
SECURITIES.
Bide.)
BANKS and TRUST FUNDS
BONDS A SPECIALTY.
EDW.
$3,486,100
1,327.400
36.692,207
28-00
HBNNINGS,
City T reasurer.
DEAL. IN
Commeree
SAILINGS
DEBT STATEMENT:
General Bonded Debt
ot
FOR
PAVING AND SEWER BONDS
Sealed bids marked " Proposals for Bonds " will
be received up to 3 o'clock of the 30th day of April.
1900, for the purchase of $26,000 i% 20-year paving
and $25,000 4% JO-year sewer bonds. Securities will
be dated May 1. 1900, and interest will be payable
ST. (Bank
Investment Securities
bids.
For further particulars address the undersigned.
By order of the Board of Trustees.
Dated April 1 7th, 1900.
CO.,
BANKERS,
1900.
CITY OF OMAHA
N.
and
Municipal Bonds
Yreka, Cal.,
BOUGHT AND SOLD.
MUNICIPAL BONDS.
APPRAISBMHNTS MADE OR QUOTATIONS
FUNDING BONDS.
Bond Redemption
102-58
10vi67
__JNyESTMI^^
SpokaneCounty,Wash., Town
ENGLEWOOD,
103085
1'300
}lM'.li
:
&
^;3oo,ooo
Bonds are
V^%Vr
,
p. 808.
LOANS.
JJ^S S,
.
Philadelphia.
NEW
103-21
1P8-8H
1. 8-776
}x7Xl
.riSta
&
ProspeelPark, Pa.— BowdSaZe.— On April 20 $11,000 i%
improvement bonds were awarded to Dick Bros. & Co.,
&
}„f i2
Securities are all dated April, 1 1900. Interest will be payable semi-annually at the National Bank of the Commonwealth, Boston.
Ramsay Township (P. 0. Almonte). Ont.-Dtbeniure Offering.— Proposals will be received until 12 m. to-day (April
deben28) by Jas. Caskey, Township Clerk, for $11,500 4%
December
annually
on
1 and
payable
will
be
Interest
tures.
the principal will mature on Dec. 1, 1909.
RocliTille Centre, N. Y.— Bona Sale.—Oa April 24 the $16,500 5 37-year (serial) gold electric-light extension bonds were
Co., New York, at par for 8'4^
awarded to Sutro Bros.
received :
bids
are
the
Following
bonds.
For V^f, Bon as ( Conf .)
For SAi Bonds.
Geo.C.White,Jr.,(and bl'k bds.).!' 0-00
SutroBros. &Co.,New York.... Par
Bor i% Bondx.
for 3J^% Bori ds.
101'39
W. R. Todd&Co.. New York.... 1f5-48
& Sons. CI eve
W J. HayesTenny
Kleybolte
& Co.. New York.. 105 286
R.
ia-274
Crawford,
&
Thompson.
For description of bonds see Chronicle April 21, p. 808.
Sacred Heart, Renville County, Minn.— Bond «a?e.- On
April 19 the $4,000 5% 20 year water bonds were awarded to
the Yellow Medicine County Bank of Granite Falls at par.
No other bids were considered. For description of bonds see
Chronicle April?, p, 704.
Sairiuaw, Mich.— Bond Sale.— On March 31 an issue of
$25 000 4% refunding water bonds was awarded to Blake
Bros. «& Co New York, at 111-17— an interest basis of about
Following are the bids
3 237^.
—
of
iu3a9
iSHS
R. Todd & Co.. Cincinnati
N. W. Harris & Co.. Boston
Parlcinson & Burr, Boston
Blake Bros. & Co., Boston
Bond*
Street
f?*.>F
W.
proposals.
Bank
e59
John
l8t
Nuveen
&
Co.,
INVESTMENT BANKERS,
National Bank Bnilding, CtalcaffO.
Correspondence
solicited.
Rtferenee, Firtt National Bank, OMeago.
—
—
THE CHRONICLE
880
Securities are in denomination of $1,000, dated April 20,
1900. Interest will be payable semi- annually from May 1,
Principal will ma1900, at the cffice of the City Treasurer.
May
ture
1,
1920.
Bernard, Ohio.— Bond O^ennflr.—Proposals will be received until 12 M., May 22, by George Meyer, Village Clerk,
for $l,0n0 A% 10-vear sidewalk bonds. Securities are in denomination of $500, dated Maj; 21, 1900. Interest vtill be
payable semi-annually. In Section 2334 A, B and C, Revised
Statutes of Ohio, will be found the authority for the issuance
St.
of these bonds.
St. Charles,
21
Mo.—Bonds Voted.— At an
was voted
it
election held April
to issue $115,000 bonds for a water-works
plant.
city on April
20-year street-im-
San Antonio, Texas.- Bonds Fo^ed.—This
19 voted in favor of issuing $300,000
provement bonds.
^
Sandusky, Ohio.— Bond Sale.— On April 25 the $10,000 i%
10-year refunding water bonds were awarded to N. W. Harris
Co., Cnicago, at 105-57- an interest basis of about
3'34^. For description of bonds see Chronicle March 31,
&
p. 654.
LXX
[Vol.
A. L. Smith, County Treasurer, for $200,000 A}4% 20-year
funding bonds. Securities are in denomination of $1,000,
dated May 21, 1900. Interest will be payable semi annually
at the State fiscal agency in New York City. Principal will
mature May 21, 1920. A certified check for $10,000 upon
some national bank will be required. Suit has been begun
in the Superior Court of Spokane County by the county of
Spokane against the members of the Board of County Commissioners and the County Treasurer to enjoin said officials
from issuing these bonds. A temporary restraining order
has been issued. The case will be carried to the Supreme
Court of the State, and it is thought that an opinion will be
obtained in the May term, so that bids may be opened at the
advertised time. It is understood that this is a friendly
suit, and through it the validity of the several warrants proposed to be funded will be finally and conclusively determined by the Supreme Court of the State.
among
Shlby(Ohio) School District.- Bond Ofmng-.- Proposals will be received until 12 M., May 26, for the purchase of
The offleial notice of this bond offering will be found
the advertisements elsewhere in this Department.
$30,000 5^ school house bonds. Securities were authorized
at the election held April 2 by a vote of 775 to 255. They
are in denomination of $500, dated June 1, 1900. Interest
will be payable at the office of the Treasurer of the School
Board. Principal will mature $1,000 yearly on June 1 from
from 1901 to 1930, inclusive.
South Boston, Ya.— Bond Sale.— 01 the $20,000 bonds
offered for sale on March 26. $'5 000 have been sold at par to
date. Of the amount sold, $5,000 were taken by the Bank of
Mechanics' Bank of
South Boston, $5,000 by the Planters'
South Boston and $5,000 by D. W. Owen of Denniston. The
$5 000 remaining unsold will be disposed of when a bid of
105 is made for the same.
Spokane Connty, Wash. Bond Offering. Several changes
Stillwater, Okla. Bond Offering. Proposals will be received until May 1 by the Mayor and City Council for $35,000 6^ 20- year water- works bonds. Interest will be payable
semi-annually.
certified check for $500 will be required.
J. H. Donart is City Clerk.
Swampscott, Mans.— Temporary Loan This town has borrowed $20,000 in anticipation of the collection of taxes.
Toledo, Ohio.— Bond Offering, Proposals will be received
until 7:30 P. M., May 18, by G-eo. U. Roulet, City Auditor, for
$56,156 51 street- improvement bonds, as follows:
&
—
having been made in the offering for sale on May 7 of funding bonds, we repeat the same, incorporating the changes
therein. Proposals will be received until 13 M., May 7, by
—
A
—
—
No. of bond'.
Name.
111.... Rosalind St. No. 1
..Sewer No. 731
10... Fifteenth St. No. 1
10.. ..Sewer No.tt7«
10....SewerNo. 702....Mar.
Rate.
Amownt.
March 16, 1900
March 15,1900
March 20. IWOO
4 per cent
$6,108 31
1^99
3 per cent
Date.
2..
Sept.
?,
3 percent
96270
percent
1,69418
14,237 85
33,153 97
4
& Sept., 19i'i..4 per cent
Interest will be payable semi-annually at the office of the
City Treasurer. Principal will mature one bond of each
series every six months, except Sewer No. 7f 2, of which five
15. 1900,
bonds will mature March
Mar.
15, 1901,
and
bonds Sept.
five
15,
INVESTMENTS.
INVESTMENTS.
ADAMS & COMPANY, A.R.Macfarlane&Co.
BANKERS AND JtMOKEMS,
DENISON, PRIOR & CO.
BANKERS,
DULUTH, MINN.
deaIjEMS in
DEALERS IN
[Members American Bankers'
Grade
High
SEND FOR
Bonds.
INVESTMENT BONDS.
Members
LISTS.
No.
§
7
of Boston StockJExchange.
Congress and 31 State Streets,
Exchange Place, Boston.
BOSTON.
We
MASON, LEWIS &
BANKERS
CHICAGO,
CO., American
60 DeTonshlre
St.
MUNICIPAL
RAILROAD
CORPORATION *^^"^*-'^"
BONDS
Bell
Telephone
Bros.
ROLLINS & SONS,
E. H.
MILK STREET, BOSTON.
19
MUNICIPAL
AND OTHER HIGH-GRADE
BONDS.
Cleveland, Ohio.
New
Yorlt
-
197 Superior Street.
EASTERN BRANCH:
City,
.
52 Broadway.
liAMPRECHT BROTHERS &
CO.,
Members New York and Chicago Stock Bxchanges
IS Wall Street, New
Niver Co.
MUNICIPAL BONDS,
Bank BIdg.
Yorlt.
MUNICIPAL BONDS
Securities Netting from 3>^ to
6jt
ALWAYS ON HAND.
Bend for our Inyestment
DUKE
M.
Clronlar.
FARSON.
IM'J
Banker,
Dearborn Strcoi
•
•
CHICAeO
F.
R.
FULTON & CO.,
Municipal Bonds,
171
NEW YORK,
No.
1
Nassau Street.
T. B. POTTER,
municipal and DnKinc
CORPORATION DUrMU;>,
1
72 Washington Street,
lilST
-
Seasongood
S.
-
ILLS.
-
ON APPIilCATION.
6c
Mayer,
W. Corner Third and Walnut
CINCINNATI, OHIO.
Stroota*
MUNICIPAL BONDS.
High-Grade
City, County,
Town and
School Bonda,
iBsoed In leading prosperous States of the Union, especially adapted for safe and permanent InTestment
For Estates and Trust Funds.
Western and Southern Investments.
We buy real estate and mortgages.
Sell first morigaees to net investors from b% to 6)t
per annum.
Negotiate the purchase of industrial enterprises.
Act as financial ageuts for companies and Indi-
viduals.
Furnish confidential reports on outstanding nvestments.
Have experienced re '^resent atlves in most of the
Western and Southern States.
Particulars and bank references on application.
LA SALLE STREETy Austin,
CHICACO.
<& CO.,
MUNICIPAL BONDS.
CHICAOO,
CHICAGO.
MacDonald
lit Nat.
Co.,
STATE, CITY & RAILROAD BONDS
Uunldpal Bonds.
trowbridge,
BRIGGS, TODD
Congress Street, Boston.
16
A 11 securities havinR a Cleveland market boueht
and sold.
8l
&
CO.,
Successors to
No. 85 East Third Street.
Blodget, Merritt
Co.,
TODD &
CINCINNATI, OHIO,
BANKERS^
The Lampreclit
R.
Licensee Companies.
Choice Issues.
ON APPL ICATION.
Investors.
Prices and particulars on application.
Street Railway and Gas Companies.
lilST
Act as agents for non-resident property owners and
bonds secured by First Mortsase
on tbe properties of
ofler
BOSTON,
Monadnock Building.
Commercial Paper, Mortgage Loans,
Local Stocks and Real Estate.
W.
121 Euclid Avenue, Cleveland.
Ass'n.]
DEALERS IN
New Ensland
Eason
&
Co.,
Bids., Kansas City,
Itlo
—
——
April
THE CHRONICLE.
28, 1900.J
1901. Securities are issued under sections 3704 to 2707, Redeposit in money or a certified
vised Statutes of Ohio.
check on some national bank of Toledo equal to 5% of the
par value of bonds will be required with each proposal.
Bond Offering. - Proposals will be received until 7:3'> p. M.,
May 25, by Geo. U. Roulet, City Auditor, for $75,000 3J^5f
boulevard bonds. Securities were voted at the election held
April 2. They are in denomination of $1,000, dated May 1,
1900.
Interest will be payable semi-annually at the Importers'
Traders' National Bank, New York City. Principal
will mature May 1, 1920. Either a deposit in money or a
certified check drawn, " without condition as to payment."
on some national bank in Toledo equal to 5% of the par value
of the bonds must accompany proposals.
mature one-half in twenty years and one-half in thirty years.
Windsor, Weld County, Colo.— Sond 0#erinf7.— Proposals
will be received until 12 m.. May 15, by M. H, Laybourn,
Town Clerk (P O. New Windsor), for $15,000 5% water- works
May
Interest will be payable semi annually and the
1900.
principal will mature May 1, 1915, subject to call after May
1,1910. Proposals must be accompaLied by cash or a certified check for 2% of the amount bid for.
Five thousand dollars of the bonds will be delivered as soon as the issue is
awarded and the balance August 1, 1900, with accumulated
The form of ordinance authorizing these securities
interest.
Troy, N Y.—Grea'er Troy Bill Signed.— The Orovevnor has
signed what is known as the Greater Troy bill, which annexes to the city of Troy the village of Lansingburg and portions of the towns of North Greenbush and Brunswick. The
law goes into effect on Jan. 1, 1901. It is estimated that this
bill will give Troy a total population of from 80,000 to 90 ,000.
Union County, lad. Bond Sale.— It is reported that this
county ha^ sold an issue of $5 ),000 5V^^ refunding bonds to
Rudolph Kleybolte & Co., Cincinnati,'at 102*502.
Wakefield, Mass. Loan ]>fegotiated.—The Treasurer has
negotiated a loan of $20 000 with Histabrook
Co., Boston,
at 3-47^ discount. Loan is dated March 31, 1900, and will
be had on application to the Town Clerk.
Wyomingr, Ohio. fiids,— Following are the bids received
April 16 for $70,000 4^ 50-year street, $5,000 4% 30- year water
and $1,500 i% 20-year fire-department bonds
:
street Bonds.
R. Kleybolte & Co.. Ctncinnatf
Germon National Bank. Cincinnati
C.R. Williams 4 Co., Pittsburg
Feder, Holzman & Co.. Cincinnati
S. Kuhn & Sons. Cincinnati
W. J. Hayes & Sons, Cleveland
W. R T<idd&ro.. Cincionati
Seasoneood & Mayer. Cincinnati
Cincinnati Savings Society
P. S. Bri.KS & Co.. Cincinnati
liamprecnt Bros. Co., Cleveland
S. A. Kean, Chicago
10, 1900,
Canal
Manager,
L.
Streets,
T.
PERINE.
Consulting Engineers.
WM. BARCLAY PARSONS
F. S. PEARSON
FORD, BACON & DAVIS.
A.
William A. Naah,
Joaepb S. Auerbaoh,
George Coppell.
G. B. M. Harvey,
John I. Waterbury.
George W. Young.
J. Cassatt.
Charles R. Flint.
ADVISORY COMMITTEE OF STOCKHOLDERS.
W. Bayard
Cutting
Walter G. Oakmanr
A.D.Jullliard.
Isaac N. Seligman.
Louis Fitzgerald.
Audit Compauy examiues and reports on the
accounts and financial condition of corporations,
copartnerships, and individuals, and examines and
reports upon the physical condition of railroad, manVfaoturing and other properties.
Its services are of value to investors. Onancial institutions, borrowers of money, directors of corporatlong. merchants, firms, and purchasers of properties.
MOUNTAGUE
VICKERS,
New York.
INVESTMENT BROKER.
HIGBJE8T OSAJDJB RA.IZMOAI>
7
Commerce. New York
Boatmen's Bank, St
Louis: N. W. National Bank. Chicago Merchants
of
;
;
National Bank. Boston.
Wall Street,
BONDS.
CLINTON GILBERT,
CAPITAL,
-
-
•
SURPLUS AND PROFITS,
-
BROKBR
ieO
IN
INVHSTMBN
•
Collections receive Special Attention.
BlGBLOW, Pres't.
Wm. Bigelow. V.-Prest.
Office,
62 Broadway.
AVCTIOIV SALE
T. E.
Camp. Ass't Cashier
San Francisco.
The
First National Bank
OF SAN FRAXCISCO, CAL,.
UNITED STATES DEPOSITARY.
Capital, $1,500,000
Surplus, 81,000,000
S. G. Murphy. President. Ja8. K. Ltnch. Cashier.
JAMBS MOFPITT, V.-Pres. J. K. Mofpitt, Asst.Cash.
I
General Banking Business. Accounts Solicited.
Commercial and Travelers' Credits issued, available in
all
stocks and Bonds,
F. J. Klpp. Cashier.
F. G.
parts of the world.
Tuesday,
At the
May
1,
at 12:30 P. M.
New York
Heal Estate Salflaroom
No. Ill Broadway,
To
close the Estate of George J. Hamilton.
2 shares Central Park Improvemeut Co., $100
SCO shares' Boston Hartford & Erie RR. Co., f 100
each.
675 shares Klpp & Buel Gold Mining & Tunneling Co., $2 each.
2,498 shares First National Petroleum Co., $5 each.
3.000 shares Second National Petroleum Co.. f6
each.
600 shares American Oil & Minine Co., $50 each.
$13,000 South Carolina 6 per cent Bonds (issued
1869).
THE
United
Government
States
leading
Railroads,
So do the
Banks,
Insurance
Companies and Mercantile Houses everywhere.
If
you are not using
Linen Ledgers in your
samples.
office
68 shares Automatic Clothes-Washer & Boiler
Co., $100 each.
(For account oC whom it mav concem.1
10 Five per cent Second Mortgage Coupon
Bonds of the New York Athletic Club, (jlOO
each.
1
Whiting Papers.
uses the
Whiting''
Memljership
New York Metal
Lists at Auctioneers, 71
Bzcbange.
and 73 Liberty
Street.
N. B.— Sales should be received by noon on Friday
to get the benefit of advertising in this paper.
SECURE BANK VAULTS.
write us for
For account books they are
unequaled.
WHITINQ PAPER COMPANY
HoLYOKE. Mass.,
SECURITIES,
BROAD STREET, NEW YORK.
New York
Transacts a General Banking and Foreign Exchange
BONDS.
o. borg,
.'
CHICAGO.
81,000,000
$500,000
They are made in tints
2 l¥all Street, ]Vew York.
especially recommended for the eyes by
eminent
oculists.
We will send you
BANK AND TRUST (0. STOCKS.
INVES TMENT SECURITIES.
a pamphlet on the sub,iect free.
Max
238-240 La Salle Streets
FIRST NATIONAL BANK Richard V. Harnett & Co.
OF MILWAUKEE.
T. Jefferson Coolldge, Jr.,
Charles S. Fairohild.
Gustav. B Kissel,
E. R. Chapman.
Charles T. Barney.
Tlie
H.
INVESTMENT SECURITIES.
President.
OFFICERS
Aagust Belmont,
James Stillman.
Harcellus Hartley,
& Banking Co.)
EDWARD TOBY. Vice-President.
EDGAR NOTT. Cashier
Correspondents — National City Bank. National
Business.
DIRECTORS:
6«orge G. Haven.
MORRIS.
Bank
Vice-President,
WILLIAM A. NASH,
EDWARD
00
CAPITAL, $1,U00,U0U.
Secretary and Treasurer,
GREENE,
6,6
5.615<0
5.587 50
5,66150
5.500 00
5.375 66
5,4:^7 60
5.36250
Geo. D. Cook Company,
Bank,
(Successor of N. O. Canal
QUEBN BUILDING.
THOMAS
$1.66600
1.65770
1.64100
1.66100
1,65200
1.64000
1,«42 50
1.62080
1.60300
1,676 00
1,580 00
MISCELLANEOUS.
NEW^ ORLEANS, LA.
J. C.
Acting President,
$5,71600
5,700 50
5,615 '0
6.65100
$82,930
82.467
82,320
82.306
81.210
81.200
81.' 50
80.066
78.400
77.875
77,000
Ireka, Cal.—Bond O^ermgr.— Proposals will be received
May 19, by U. F. Brown, City Clerk, for $70,00a
5<g 1-40-year (serial) gold municipal improvement bonds.
SeApril
denomination
1900..
curities are in
of $875, dated
16,
Interest will be payable annually.
The offlcial notice of this bond offering will be found amonQ
the advertisements elsewhere in this Department.
BIANKS^
OF NEW YORK,
$1,600
Fire Bds..
until 8 P. M.,
&
The Audit Company
$5/00
Water Bonds.
The New First National Bank, Columbus, offered $88,191 50 for entire amount of bonds offered. For description
of bonds see Chronicle March 24, p. 603.
M
AUGUST BELMONT.
—
$70,000
"Wallingford, Conn. Bond Sale. —This borough on March
38 voted in favor of issuing $10,000 S]4i 25-year electric-light
bonds. At a meeting of the Court of Bargesses held April 17
it was voted to sell the bonds to William H. Newton, Cashier
of the First National Bank of Wallingford, at 101. Bonds
are in denomination of $1,000, dated May 1, 1900.
Westfleld. N. J.—Boid Sale.— A,n issue of $5 ",000 3-655^ 20year scbo )l bonds has been awarded to Spiizer & Co., Toledo, at 101, according to reports.
West Springfield,
i»h,— Temporary Loan.—The Town
Treasurer nas borrowei $30,000 for 6^^ mos. at3K{% interest.
Wheaton, TrarersH Coanty, Minn. Bond Sale,—Oa April
2 the $11,000 5% l5-y!sar water and server bonds were awar le i
to the Minnesota Loan
Trust Co., Minneap )lis, at 103-027
an interest basis of about 4*718^.
Comer Cedar and William
1,
may
&
^jynSCELLAjSI^O^
Securities will be in denomination of §500, dated
bonds.
&
—
861
Wilkin Connty (Minn.) Drainage District No. l.—Bond
Sale.— Oa April 17 the $10,000 bonds were awarded to Chas.
"Warner at par for 5}4i bonds. Other bids were received,
but they did not comply with the advertisement. Bonds-
A
mature Oct.
a
:
AND
150
DuANE
St.,
New Yobk
GENUINE
WELDED CHROME STEEL AND IRON
Round and Flat Bars and 5-ply Plates and AnglM
FOR SAFES, VAULTS, &c.
Cannot be Sawed, Cut, or drilled, and positively
Burglar Proof.
S^TEEL. WORKS,
Kent Ave. Keap and Hooper Sts..
BROOKL. Y M,
dole Man'f 'era in the U. S.
CHKOME
If . 7^
THE CHRONICLE.
ft62
gattliers
CHICAGO.
and gr^luers ©ttt
CHICAGO.
Bartlett, Frazier
Dupee
Schwartz,
&
^txxx "^ovJx,
PHILADELPHIA.
&
Co.,
BONDS,
STOCKS AND
Co.,
xrf
Edward
WESTERN UNION BUILDING,
128-148 JACKSON ST., CHICAGO.
CHICAGO.
Private wlrea to
T
New
Street,
New
-
all principal
markets.
York.
Speeial attention inyited to our Stocks
and Bonds Department.
& Co.,
B. Smith
BANKHBS AND BROKBBS
OCASB
GRMIK, PROVISIONS and COTTOM.
Stocks, Grain and Provisions,
2 Board of Trade,
LXA.
PVOL.
BUIUDlMfk
PHILADELPHIA.
Members
and
Phlla.
W.
E.
New York
Steek
zohaagAt
&
Clark
Co.,
BANKERS AND BROKERS,
No. 139 South Fourth
St.,
PHIIiADELPHIA.
Transact a general banking business.
terest
Allow In-
on deposits
Members of the Philadelphia and New York Stoek
Exchanges, and connected by private wire with
York.
&
famieson
J'
A. O, Slaughter
Co.,
STOCKS— BONDS,
Members New Tork and Chicago Stock
169
LA
8AL.L.E
ChlcaK*.
PrlTate wire to
Edwin
115-117
LA
MAL.L.E l^TREET.
CHICAGO,
Ilia.
ILL..
Philadelphia.
L. Lobdell,
Htook Bxchanee and ChtcaKO Board of Trade.
John
P. Odell
J.
BANKERS
Sc
CBICAOO.
Wm.
&
G. Hopper
Co.,
STOCK AND BOND BROKERS,
STREET,
CHICAGO.
Investments receive our special attention. Information cheerfully furnished regarding present
holdings or proposed Investments.
John H. McQuillen &Co.
BANKERS AND BROKERS,
104 SOUTH FOURTH STREET,
PHILADELPHIA.
PRIVATE WIRES.
Oaa, Street Railway and other Hlvh-Grade
Corporation Securltlee.
Members Philadelphia Stock Exchange-
PITTSBURG.
SOUTHERN.
CINCINNATI.
&
Henry Sproul
Cu,
FOURTH AVENUE,
PITTSBURG, PA,
236
Bstabllshed 1802.
"
1867.
Bzceptlonal facilities for dealings in all classes oi
Southern Bonds. Loans on Collateral Securltlet
Wyndham
Boiling,
BANKER,
TA.
Southern Secaritles,
TlrglnlaCarolina Chemical Co. Stock.
_,RBFBRBNCB-MechanlC8' National Bank. New
Bank of New York, N. B. A.
nmt National Bank of Philadelphia.
&
Mottu, de Witt
1871.
Stephenson,
&
Co.
Bankers and Brokers
NORFOLK, VA.
T. Mellon & Sons' Bank,
PITTSBURG, PA.
SOUTHERN INVESTMENTS.
INVESTMENTS.
Davenport & Co.,
RANKERS AND BROKERS,
RICHMOND, VIRGINIA.
ST. LOUIS.
Correspondence solicited and Information furnished about Southern State, Municipal and Rail-
OBNERAL BANKING, COLLECTIONS,
KSTABLI8HKD
Whitaker
CHABLKS HODGMAN.
& Hodgman,
BOND AND STOCK BROKERS,
800 North Fourth
Street,
KOTANY,
•
St. Lonis,
BROKER AND DEALER
1860.
road Investment Securities.
Reference— Bank of New York. N. B. A.
John W. Dickey,
BROKER,
AUGUSTA, GA.
SOUTHERN SECURITIES.
«T. LOUIS.
40» Ollye Street,
Cincinnati Bonds and Stocks,
37 East Third
St.,
Cincinnati, Ohio.
PACIFIC COAST.
St. GOAR,
BOWABD POLLIVS
Members Stock and Bond Bxchaiwe.
Members N. Y. Stock Bxchange.
HOWARDS WHITAKKB.
Co.,
HlNBT
BANKBRS AND BROKERS,
No. 209 FOURTH AVENUE.
Oldest Pittsburg
&
Brokers and Dealers In
York.
PITTSBURG, PA
Whitney
DEAL IN
Barney & Smith 6^ Bonds,
Colnmons Ry. Co. Stocks.
AND ALL ISSUES
Colnmbns St. By. Bonds.
Irwin, Ballmann
RICHMOND,
OORRBSPONDBNTB
Co.,
E. Hutton
CINCINNATI, OHIO.
negotiated.
Sons,
PITTSBURG, PA.
&
W.
Co.,
ai6 East Baltimore Street, Baltimore.
Investment and Misoellaneons Securities a spec
laity, and whole issues handled.
BANKERS.
KSTABLISHBD
&
BANKERS.
PHILADBIiPHIA STOCK BZCHANaa,
PITTSBURG B2CHANOII (8 MBMBHBS},
CHICAGO STOCK BXCHANGB.
CHICAGO BOARD OF TRADB.
&
& Co.,
Members of Baltimore Stock Bzchange.
MXKBaBS or THI
N. Holmes
Wllliau WILSON & SONS.
Wilson, Colston
Wilson, Colston
NBW YOBK STOCK BXCHANGB,
tr.
& Co.,
FINANCIAL AGENTS
171 liA SAIiliE
G. HOPPER,
H. S. HOPPKB,
Members of Philadelphia Stock Exchange.
W.
28 Sonth Third Street, Philadelphia.
Members New York Stock Bzchange, OhlcaRO
New York and
Banker and Broken
M.
Co.,
BANKKRS AND BROKERS,
Bxotaanees,
STREET.
The Rookery.
&
New
Mo.
IN
LOUIS BONDS AND STOCKS
GEO. N. MACKENZIE & CO.
BANKERS AND BROKERS,
St., Baltimore, Md.
300 IVater
Members Baltimore Stock Exchange.
loveatment Securities a Specialtr.
Loans Negotiated on Approved Collateral.
Edward PoUitz
&
Co.,
STOCK AND BOND BROKERS,
Hawaiian Sugar Stocks a Speoiati/,
403 California
Street.
SAN FRANCISCO. CAL.
Ladd
&
Tilton,
BANKERS.
PORTLAND, OREGON.
SSTABLISHBD IN 1860.
rransast a General Banklnc Baslaoaa.
'^oTxwTTiove otv«w 8p«oial
Richardson
&
ATmnav
Clark,
BANKERS,
85 Exchange Street, ProTldence, B.
1.
Transact a general banking business.
Bonds
Stocks and Local Securities.
Commercial Pape
booRht and sold on commission. Private wires to
New York, Boston and Philadelphia.
A. G. Becker
&
Co.,
(INOORPORATKD.I
COMMERCIAL PAPER,
199 La Salle Street, Chicago,
111.
@FedFRASER