Full text of Commercial and Financial Chronicle : April 3, 1897, Vol. 64, No. 1658

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

VOL. 6L

SATURDAY, APRIL 3, 1897.

r£ ) x z

C h rc n x id e .

PINE STREET. N. W. CORNER OF PEARL STREET. N. Y.

CLEARING HOUSE RETURNS .
F o r th e m o n th o f M a rc h a n d th e th re e m on th s th e e x h ib it is as f o l ­
lo w s :
M arch.
1897.

1896.

P .C t.

1897.

1890.

*
7,251,061.992 -3 * 2
820.298,Ool - 8 9
1-4,549,817 +0*2
18 :,593.01* -0 * 4
52,509,812 —10*8
25,05*.015 -11*9
19,922.498 - 0 +
1 *.740,511 -7 * 8
9.700,91* +2*3
9.125.813 — 1 1 0
4 ,268 200 - 8 * o
8,572,519.887 -3 * 7

352,2^1,481 t-1 2 7
19,4 51,90 • +?*>
10.o9n.477 -4-3*1
5,6 i 1,014 + 12*1
5.649,120 -t-0*i
5.505,3 4* + 3 3
4.70H.S53 + !»••
3,653, i0 • —4 0
2,719,445 —0 3
1,041.111 ■f-45 *
4 1 1 ,1 3 ), i0 / +11*0

1,160.283 9
07.0-8.701
32.291,512
19.331,635
J0,8H ',9 2
16,724,947
15,407.831
10.-fs9.772
7.698,383
6 ,8 7 3,3 8.
1+74,0 73 ,97 5

1,080,855.583
65,800 lOu
32,391,032
19,16 (.200
) 7.390,13 2
17.280,142
15, *59,0(9
10 r.80 905
8,0 71.875
5.5*2.996

303,061.258 —7*J
5L.379.45C — 4*1
24,741 Id* — ;v i
23,1 44 ,3)0 + 1l*o
18,713,214 —5 0
15,361,700 1-10-3
8.730,997 —8 'o
8.6 *3,231 —21*7
6.391.934 + 2 0 0
3.233,728 + 0 '3
2,6 14,518 -4 * 6
1,123,2*1 - 4 * 9
1,365,500 -1 9 *1
1,206 407 —1 1 1
1 0 ’ 8,070 t iV 5
29*2
1 ,1?0, >84
1,127,021 —19*8
091,217 —5 1
697,333 — iOO
5 3 3 ,’ 50,447 — 5*2

938,074,108
143 731,200
60,771.711
74.148.7no
55,100,377
4 4.-07,1 .0
2*,008.124
l ,14^.207
18,0 9,422
9.338,2sd
7.341,983
3 ,9 7 i,9 l
3.*>95,0 >7
3.085,687
H, 87,600
2 *31,5 >1
2.303 304
2 ,140,9 is
1.810.0 5
1,124.011,333

1.082.860,828
I4 7 .3 5 i.9 s 0
75,0*2 182
73.S85.40/
5 9 ,9 0 1 ,1 '5
4 *,011.830
20.418.003
23,9 74 ,9(2
18,(53,045
1* (.245.300
8 / <10.824
4,027,190
4.3 <5,948
3.090.105
3 391,878
3,2.5.571
2,856 081
2,613,864
2.132.033
1,590,157.062

—i3 3
—2 5
-1 1 * 7
•+0*4
—7*5
+1*8
-8 * 9
-18*9
+2*7
—i*9
-S*3
—1*2
—28 4
-10*4
—0*1
— <5*8
-19*4
-1 4 *8

-2 * ;
-3 * 1
-f 5*0
— 2*0
—16*8
— 3*8
120*0
-2 3 9
-4 0 5
78,092.170 — 2*0

155,820,902
l4 .o8 8.9 95
13 2 9.122
11,095,372
4,826.375
5,305,810
0.605,812
1,482,80 J
b 0 9 ,3 l5
215,949,919

100.403.989
10,803,805
14.207,77i
15.217.142
H.538.72U
0,397,7^4
5 ,3 9 2 + 0 )
2 ,0 3 0 .li8
1,139.527
231.195,049

-6 * 4
—1* *8
—7*3
-13*9
—20*2
-16*1
+21*8
-27*0
-59*0

+7*2
—6*/
-1 * 4
-2 3 * 4
— )*4
-67*6
-9 1
—0*4
+ 2*0
-1 7 *3
— 4*7
-t-10‘0
—7*3
-t-27‘ 7
136,312,870 —7*1

127.229,141
0 7 ,4 75 + 5 7
5 2 .-0 7 ,4 8 8
30.395,813
32.2.18,804
0,808 906
14.2*3.674
12.412,577
5.920.087
3.277,076
4.703,580
5,396,440
753.319
1,140.918
370,049,940

128.913.782
85,2 44 .8-2
55,579,302
52,931.150
3 5.5 9 ’ .398
19.890,3417,445.389
12,332.563
7 .(0 2 + 1 6
4.025.915
5.442,627
5,555 578
830.218
8-*1.384
131,625.452

— 1*3
—22*0
—)4
—31*2
—9*3
—0D 8
— 18*4

299,431,671
321,879.239
108,121,390
97.091.91 L +10*5
136.495,487
118,492,058
36.76*2.440
42.713.645 -13*9
77,88^.020
24.297.980 -0 * 4
70,539.193
21.197,921
31.877.601
32.718.400
9,965.120 +2*6
10.z0rf.850
32,164.801
32.595,714
8,941,118 1-17*1
10,474,327
8 1 .6 24 .6U
2 8.9 99 .6(5
8.403.309 1-0-9
8.480 045
9,731.009 —5-4
28.58-*. 81
9,212,050
29,200.9(0
2 *.352 534
8,170,004
8,876 295 -7 * 9
19.779,268
18,158,847
5.417,005 +17-9
5.513.852
16,709.178
10.5-.3,008
5.220.3= 8
5,185,101 +0*8
13.561.796
13.382+87
4,221 777 +8*6
4.586 711
13.500.031
li.5 U .0 O 7
4,140.035
4.888.706 - 5 * 5
9,8.10,484
9,224,914
2,010,483 •+•9*0
3 .0 f l+ O ?
9,252.' 44
«,449,658
2.590.409
2 + 3 6,0 73 -1 7 *3
8,746,83
10,187,281
3.031.5<3 + 16*5
3,500.000
5.625.978
4.819,681
1,007,309
1,-44 .79 3 -9 * 0
5,465+ 00
5,426,43*
1,802.805
1," OH,0*o + !■»
4.198,8 >3
3,926.223
1.337 81*
1,334,95 4 + 0-2
3,908,709
3.126.293
1.069.672
1,3*1,288 —20*2
3,404,003
8.314.291
1,0" 9.955
1,137.209 — 5*1
7 80 + 5 9 018
775.227,2>4
251.227. m 3 245,931.721 + ! - 2
4 ,2»7.42*.4 .S3 1,1*5,101 l o ? + f 7 12,415,91 *.973 12.887,772.fi', 8
1,830.313,901) 1,823,9 A 535 + 0 1 5,394,320,918 5,686,110,670

4-8*5
—13*0

1
,0
5
3

?
7.021.5 88 .0)5
7 4 0 .9 J9.O74
184,882,426
181,8*5,400
4 6 .8 il.0 O 3
22,085,081
18,5 6-.3 1 2
1 1,75 *,4 i0
9.99 l.v 8>
8,117,001
3.932,200
8.250.002.510

P r o v id e n c e ....

N ew B e d fo r d .
T o ta l N . En*

B a y C it y ..........
C a n t o n ..............
T o t .M .W e s t .
d a n F r a n o is o o
S a l t L a k e C ity

Q lo u x F a l ls ___
T o t a l P a c ific

H a s t i n g s ..........
T o t . o t h ’r W .

L it t le R o c k ...
C h a t t a n o o g a ..
T o ta l B ooth .
T o t a l a l l ........
O u t s id e N . Y .

6,688.742
5,248,044
3. 0 8 '2 5
2 ,5 3 1.SIB
2,3 0 . 81
■159,185,15 i
3 36 ,31 33 7 7
4 W. 280,7 0
21,97 <,308
25,701 060
17.7Sl.379
16.939.00 »
7 ,995.6 <•!
6.709.2 6
7,0 <^,989
3 .2 4 3.(6 1
2.511.749
1,358.396
1.104.9 5
1.072,700
1 ,267,0 0
797.391
9U3.8SI
056,740
621,877
60j.S94.99S
55JX 3.42>
5 ,1 2 5 ,0 i4
4.201.453
5.075.060!
1 .73-.313
2 .0 0 0 ,6 0 )
2,22 •*.723
4 9 6 .7 -8
20rt.023|
76,070,410
43 008,531
22.954,' 89
18,450.414
12,556,508
10.468.99.1
2,417.729
5,000,000
4 .1 5 5 .8 )1
2.393.392
4 53.404
1 ,8 1 0 + 3 0
1.800.U00
240,935
4 0 0 .0 JO
120.046,819

T o r o n t o ...........
H a l i f a x ............

40,054.620
26.073 219
5.215.038

H a m il t o n .........
T o t. C anada.

2 .799.6*8
70.748.155

53.555.653
5.289.030
3.97v>9;J
5,178.573
2.« 89,715
2,192,0*7
1. 00,740
052.098
3 8 1 .9 -3

40,112.235
24.0Ol.8-. 8
18,711.192
10..-*82.747
11 + 6 7 + 3 8
7.402.765
5 ,5 (1 ,3 8 9
4,438.132
2.332.413
1.152.9*0
1.9<-6,084
1.561,453
285.910
313.147!

80,043 457 + 10-9
2rt.087.199 + 2*2
4,3 6 7.’ I* f 19-9
+2 6
2,5 (6 .77 * +11*2
73.891.701 4-7 9

12J.713.878
82,382,075
11 659,749
13 200,832
8,261.4 *8
2*1.171.070

+9*2
+2 9
—0*3
+0*9
—3*3
—3*3
+20
+2*9
-4 * 0
+-24*0
1,272.214 , 80 +8*0

121,430,400
87,727,739
14,772,8H9
13.316.404
8+30+00
2 45 + 7 8 .4 /4

F « r t a b l e o l c l e . t r i i i g * bv t « l e v r a » h a e e P a g e 1 5 1

W eek ending March 27

P .C t.

*
$
N e w Y o r k ........ 2.887.110.544 2.316.250.054 + 3 0
247,737.4.35 200,91.5.383 — 5*1
5 9 + 0 4 ,6 *6 -M 'S
6 4.653.241
59.575.765 +2*5
0 1,0 4 ',0 1 5
15.412,513
16,984,011
7 .1 2 4 + 6 0
8,5*0.741 — 10-0
6.599.837 —7 4
6,113,159
8.674.545
4,029.237 —8 8
3,1^ «.552
3 ,1 3 7.-8 6 + 1 8
2.645,303
2 .9 1 6 .5 )0 - 9 2
l,38*.5'H
1,369.700 + 0*9
B i n g h a m t o n ..
T o t a l M id d le 2 ,7 9 7,9 96 ,0/3 2,739,93 *.200 +2*1
393.98 4.04 *
2 »,W51.900
1 0 ,3 1 7 + 7 3
0 ,3 ''2.81c

T h e w e e k ’ s t o t a l f o r a l l c i t i e s s h o w s a g a i n o f 1*7 p e r c e n t
o v e r 1896. T h e e x c e s s o v e r 1895 is 0 ‘8 p e r c e n t a n d t h e i n ­
c r e a s e o v e r 18 94 is 18*9 p e r c e n t .
O u ts id e o f N e w Y o r k th e
d e c r e a s e c o m p a r e d w i t h 1896 is 1*7 p e r c e n t , t h e l o s s f r o m
1895 is 1-7 p . c . , a n d t h e g a i n o v e r 18 94 r e a c h e s 7*6 p . c .

Clearings at—

Three M onths.

-10*8

—7-8

—15*4
—18*0

-1 4 *3

+ s ;«
+ 1*3
—2 2
—1*5
—1 3
—8 /
+10*6
—0 5

—0*7
—3*/
-4 * 3
+ ri
—i 4
—0 4
-2 t
-1 * 8

NO. 1,658.

1897.

.

3898.

N e w T o r * .................
P h il a d e l p h i a .............
P i t t s b u r g ....................
B a lt i m o r e ...................
B u f fa lo ..........................
W a s h i n g t o n ..............
R o c h e s t e r ...................
S y r a c u s e ......................
8 c r a n t o n . . . ................
W i l m i n g t o n ...............
B i n g h a m t o n .............
T o t a l M i d d l e ........

4
500.924.772
52.9i5,15£
1 4 .9 8 J .0 ll
12.5 9,028
3,397,143
1,566,051
l,i:-8 .2 9 )
823,732
803,375
5 i4 ,8 2 6
275,900
595,960,894

,
*
485,144,165
58, it 8 281
14.068,437
12.021. 51C
3 + 6 3 ,1 3 ;
1,850,697
1,299,484
817.572
754.72C
031.69C
3L1.50J
579,177,199

B o s t o n ..........................
P r o v i d e n c e ................
H a r t f o r d .....................
N e w H a v e n ...............
S p r in g fi e ld .................
W o r c e s t e r ...................
P o r t l a n d .....................
F a ll R i v e r ..................
L o w e l l .........................
N e w B e d f o r d ............
T o t a l N ew E n g ...

85 142 612
4,100,0OC
1,955,785
1,321 781
1,105.23)
1,189 30*
1,029.995
068.22;
004,42)
309,002
97,007,024

C h i c a g o .................
C i n c i n n a t i......... .
D e t r o i t .................
C l e v e l a n d ...........
M ilw a u k e e .........
C o l u m b u s ...........
I n d i a n a p o l is . . .
P e o r i a ...................
T o l e d o ..................
G ra n d R a p id s ..
D a y t o n .................
L e x in g to n . . . .~
S a g in a w ...............
K a l a m a z o o .........
A k r o n ...................
B a y C i t y ..............
R o c k f o r d .............
S p r in g fie ld , O h i o . . .
C a n t o n .............. .
T o t . M id . W e s t ’ r .

P . Cent.

1 89 5.

1894.

f

+05
-5 £
—11*4
+ 2*9

1
493.411.838
60.290,824
12,153,715
11,035,85S
3,555.314
1,450 271
1,811,198
873,808
075 195
718 600
260,590
588.346.242

426.262 8 58
50,661,939
12,271.194
11.302.S38
3,154,466
1.215.927
1 ,2 5 1 8 3 5
585,994
6S4 442
006,883
289,600
507,277.971

76.960,539
4,308.90(1
1,9 3 6.2 1£
1 091,973
1,238.641
1,234,573
1,076,328
844,056
650.993
382,670
89,751,836

+106
-3 4
—l b
+21-1
—0*1
—3 (
—4 )
—20 £
-7 1
+18
+ 8*8

75.719,406
4,413 80C
1,674 771
1.1c 1 112
1,153,547
1,126.292
1,019.486
597.2)8
521,930
294 8t)6
87.702,428

71.582,327
3 724.000
1,8*3.073
1,214,045
1,203.903
1,065,932
812,559
605,806
525,666
377,827
82.954.138

68,040,345
10,208, *50
4,006.254
5 ,l8 3 ,l2 i)
3,726 8 i7
3,592 00C
1,777.8*1
1,270 165
1,267,367
565.67C
533,451
229,834
223.70*
231,541
23 >,33*
153,82)
207.031
132.167
140,449
102.S92.4b8

75.769,203
10 883,601
5,053.105
4,7 5 <,735
3,800.05C
3,412,701
1,982,542
1.930,483
1.238+34
595,458
557,003
2 /8 337
208,758
301,040
161,20(1
202 894
2 <9,472
) 30,702
151,706
111,725.538

-1 0 * 2
—5*2
—8*8
+ 9 ‘J
-2 * 1
+53
— 10*3
—34*4
+23
-5 0
-4 3
-1 7 - 0
— 10*7
-3 0 5
+42*9
—24 :i
-9 * 8
+1*1
-3 5
—7*6

79 387 489
10.382 1< C
5,039,681
4 ,4 9 ’ ,037
3,929.177
3 187,500
1,009,450
2,053,155

71,729.680
10,469,450
4 307,101
3,633,474
3,155.277
3,034.200
990,739
1,373,700

799.G5C

620,026

321,51£
313,067
208,937
106,"13
242 95 1
226,151
173,0tiS
135,680
112,074,226

254.188
236,213
192,449
256,632
228,177
183,472
319 511
115,656
100,800,145

S a n F r a n c i s c o ..........
8 a l t L a k e C i t y .........
P o r t l a n d .....................
L o s A u g e l e s ..............
T a c o m a .......................
S e a t t l e ..........................
S p o k a n e ......................
F a r g o ............................
8 i o u x F a l ls ................
T o t a l P a c i f i c ........

9,868 918
1,101,08?
846,120
948,113
418.939
4 7 0 ,0 :0
474 880
101,323
41,708
14,270,680

10,394,693
907.136
828.479
1 ,0 3 0 + 8 5
488,693
623,0 3
329.050
100,080
70,811
14.803,727

-5 1
12,807,539
+ lb 9
982 102
+ 2 2 . 1,037,873
-1 2 7
1,053,326
— 1**3
528,140
— 10 1
450,828
3 )2 ,8 4 4
+0*2
90.222
-4 5 7
60 5 .1
—3 0
17,352,895

12.919,039
1,204,689
i- 85,057
735,949
545,230
478,622
201,322
72,188
117.605
17,160,201

K a n s a s C i t y ..............
M i n n e a p o l is ..............
O m a h a .........................
S t. P a u l ......................
D e n v e r ......................
D a v e n p o r t ..................
S t. J o s e p h ...............
D e s M o i n e s ................
S io u x C i t y ..................
L i n c o l n ...................... .
W i c h i t a .......................
T o p e k a .........................
F r e m o n t ......................
H a s t i n g s .....................
T o t. o th e r W est.

9,757.535
4.952, 69
3.874 491
2 ,030 442
1 + 3 4.8 77
4 1 1 ,'8 8

8,812,521
4,901,355
4,143,548
3,332,610
2,274 579
1,569.976
1.C72.00O
1.001,390
£00.084
219,275
436,614
307,909
45,999
50,369
28,079,? 35

+10*7
+10
—ri’5
-2 1 *1
— 15*0
—73*8
-2 * 1
— 19*8
-1 4 1
—11*7
- 6 2
+1+0
+138
+ 28 8
-3 * 2

414,673
187,070
409,599
344,013
72,615
20,913,290

+4 5
-9 1
+2 1
+4*3
-1 C
— 15 6
-1 2 )

9,556 2P0
4,841 58*
3.271,2*9
3 ,0 5 9,i 25
2,136,021

8,439,435
4,655,705
4.221,238
2 5 67 + 9 6
2,270,000

3,240 £-94
9c8,989
£52,274
321,648
559,178
407,798
77,778
55,106
27,110,634

1,235.917
1.023,281
637,312
352,414
496.118
392 855
07,370
105,000
26,464,707

+17+
—38*3
—4*4
-2 * 5
+120
— 19 8
+ 2 2 -3
-5 * 0
—1*2
-8 8
+ 1*6
+1*1
—21*0.
-6 1

—
if?
-12 8

20.278 606
8,118.950
5,153,718
2,169,737
2.279.744
1,575,850
2.237,582
1,683,254
809,050
1,104,650
952 189
990,0 7
1,179.940
478.790
550,000
359,217

18,125,714
7,836,185
5,490.107
1.628 580
1,601.769
1,542,087
2,00?,,018
1,202,878
873,167
1,006,238
bh 1,680
741,948
622,762
399,701

+ 0 -6
-2 0 * 4
—1*9
+01

2 80 + 8 8
350.000
189,041
60,798.475

428,244
178.992
41.9J4.0SI8

S t . L o r i s ...............
N e w O r le a n s ........
L o u i s v i l l e ...............
G a l v e s t o n ..............
H o u s t o n ............... .
S a v a n n a h .............
R i c h m o n d ............
M e m p h is .....................
A t l a n t a ..................
D a lla s ......................
N a s h v i ll e ..............
N o r f o l k ........................
W a c o .......................
F o rt W o r t h ......
A u g u s t a ................
B ir m in g h a m ..............
K n o x v i l l e ..............
L i t t l e K o c k ..........
J a c k s o n v ille ....
C h a t t a n o o g a ........
T o t a l S o u t h e r n ..

221,921
61,062,005

19,4Q8 158
10,20 .,-* 65
5,020 927
2,080,030
1,823,151
1,752,030
1,552 978
1,761.100
1,029,703
1.160,202
849,080
924,612
693 +0 9
600.000
060,204
394.4 55
404,200
231,885
271.108
220,139
51,019,576

T o t a l a l l ..................

888.212,331

873.165,000

+17

881.384 900

779.657,800

O u ts id e N . Y o r k .

381 ,28 7.5 5)

383.021,497

—1*7

387,973,(02

354,404,402

8,008.539
6,002.8 (9
1.002,493
988,109
620,530

+7*0
—1*2
+14 3
+4 9
+16 0

8,528 008
4.787.208
946.240
001 910
493,771

10 177.000

J-4 8

15 357 193

M o n t r e a l............... .
T o r o n t o .......................
H a l i f a x ........................
W i n n lp e o ....................
H a m il t o n ....................
S t. J o h n * ......................
T ota l C anada.

22,937,19?
6.800,7 50
2,027,700
2,000,000
1,898 823

603.538
343.7P8
428,923

_ 0O3 8 >9
400 982
16 953.108

* Not included In t o t a l

308,388

9.449,163
5.043.858
1,005,848
091,502
620,422
••••_• " *
16 6 1 0 .8 5 *

638

TH E

C H R O N IC L E .

|Vol . LX1V,

ion in the Trans-Missouri ease. The Government, lias
appealed the Joint Truffle Association suit, and on
Thursday Solicitor-General Conrad entered a mo­
tion to advance that proceeding on account of its great
public importance, so that the argument may be heard
this month, the Solicitor suggesting the 23d instant
as the date for the hearing. Mr. Carter appeared for
the Joint Traffic Association and announced his con­
currence in the motion to advance; thereupon the
Court stated through the Chief Justice that the mo­
tion would be taken under advisement. It should be
noted as a further fact in the situation hat on Tues­
T H E F IN A N C IA L S IT U A T IO N .
day Senator Foraker introduced a bill to amend the
The matters ot chief interest in business circles dur­ Inter-State Commerce A ct so as to permit pooling by
ing the week have been the progress of tariff legisla- the railways. In the event that the docisiou of the
lation, the derangements incident to the recent Su­ Court in the Joint Traffic case is against the railroads,
preme Court decision in the Trans-Missouri freight this bill no doubt will be pushed; if the movement
ease, and the material decline in the values of the coal succeeds and the needful legislation is obtained, the
properties. With reference to jbhe tariff, the more im­ railroad position would be permanently and satisfac­
portant incidents were the amendment of the bill by torily adjusted.
the addition ol' a section for the purpose of making the
There has been a further severe break in Central of
duties retroactive, the passage of the measure with New Jersey stock this week and at the same time all
that addition in the House on Wednesday, and the re­ the other anthracite coal properties have also been
ceipt of the bill in the Senate the following day, where weak. As far as new developments are concerned,
it was at once referred to the Committee on Finance. the only feature has been the announcement of a re­
We have written an article which will be found on duction of 15 cents a ton in the price of coal at Phila­
subsequent pages indicating some of the legal aspects delphia, and as to this it is to he said that some re ­
of the retroactive section. In addition to the defects duction is usual in the spring. It is noteworthy that
there remarked upon, all the provisions for collecting this weakness on the Stock Exchange occurs at a time
the extra duties are notably crude, and it remains to be when the returns of earnings have begun to show
seen whether in their present shape they can be ex­ indications of improvement.
We published last
ecuted. They call for large daily work outlie part of week the February ’ statement of the Jersey Cen­
Custom House officials in the way of taking samples tral, and it indicated an increase of $27,390 in
&c., so as to enforce a lien on the imports after they gross and of $37,27? in net. We also published the
have passed into consumption, and a special system return for February of the New York Susquehanna &
will have to be devised for that purpose. Obviously Western, showing a trifling decrease in gross ($367)
the Secretary cannot wait until the tariff itself has be­ but $3,725 increase in net. This week we have the
come a law, and so authorizes the arrangement, for February return of the Lehigh Valley, and it also is of
then of course the power to collect the samples and unfavorable character ; on the railroad company there is
the need for them are gone. Dispatches from Wash­ an increase of $125,356 in gross and of $155,222 in net,
ington yesterday afternoon stated that Secretary Gage and on the Lehigh Valley Coal Company an increase
was giving the matter careful consideration.
of $45,960 in gross and of $67,'928 in net. The New
With reference to the railroad situation as affected York Ontario & Western for the same month reports
by the decision above referred to, it is satisfactory to $25,329 increase in gross and $23,308 increase in net.
note that there appears to be a much more settled feel­ The Erie, which also is a large carrier of anthracite, re­
ing than existed a week ago. The Western Freight ports $26,735 increase in gross and $15,637 in net.
Association, instead of being entirely disbanded, as at
The Pennsylvania Railroad reports are also becom­
first seemed inevitable, has been continued as a bureau ing quite favorable. For February the loss in gross
of statistics and information, and it is understood that on the Eastern lines is only $159,800 and on the West­
other similar organizations will also be kept together ern lines $183,800, which are both small amounts con­
in some useful work. There were reports on Monday sidering the size of the system and bearing in mind
that the Missouri Pacific had cut rates, and that it was that the month this year contained one day less than
the opening of a vigorous rate war. The existence of last year, February 1896 having had twenty-nine
any’ sueh'dispositioii for tendency was denied the next days. In the net the company reports $170,300 increase
day: furthermore, it was stated that there had been no on the Eastern lines and $20,500 increase on the West­
cutting of rates; and it is claimed, and so far as ern lines. Last year there was an increase of $226,400
known it is true, that all the roads throughout the in gross, with a decrease of §20,500 in net, on the Eastcountry are maintaining the rates in force prior to the ern’ lmes, and an increase of $112,000 in gross with a
decision.
decrease of §42,200 in net on the Western lines. Be­
A s 'to the future of the Joint Traffic Association low we compare the earnings on the Eastern* lines for
it has been [determined, under the advice of coun­ a series of years past. _____________ ________________
sel. to continue in jurisdiction pending the de­ LfVBtt HU T OF
1802,
is u .
1890,
1801
I£Ui6
**ITTHOPHO«
cision of the Supreme Court on the appeal from the
f
1
*
f
F tbt uary.
t
*
decision of the Halted States Court of Appeals. At a
4.410.034 V 02,820 5.127,028 5,207.(97
Siren** earn!nan.
consultation held on Tuesday of the leading railroad Operat’s: expen se*. 3 'i6 ? £ a a 3,622.93: 3,2.0,783 2.876,000 3,800,0' 8 3,635.106
3,148,M l 1,125,7.0 1,2361800 1,571,931
1,12340
N e t earnlDK ft..
lawyers o f ’ the country the general opinion was ex­
J a n 1 to M a r . 1,
pressed that this organization, having so many points of
P,030.SO5
8,162.140 10 0 50,?? a 10.SS6.838
Girons eanilntfs.
St 0,365
.difference from any previous organization, was likely to Op e m t ’ K e x p e a s e s , 6.812,20? 7,412 HL <1,667,607 6,421,023
* .< m 4 » s
a
j
.
w
8
1.7
6.605
1
740.220
?.*JP,6r8
Wet
eam
lm
?‘(..
he upheld hy theJJourt notwithstanding its recent deeis-

With tin? issue oi the C h r o n ic l e we send out our
usual monthly number of the Q uotation S upplem ent .
The S upplement contains, besides a complete record
of the past month’s transactions on the New York and
Boston Stock Exchanges, twenty-seven pages of gen­
eral quotations, comprising all classes of securities—
railroad stocks and bonds, municipal securities, hank
stocks, gas stocks, insurance stocks, street railways,
etc., etc.

M m a ffia S r * --'

.' x k .v

a

- tr

THE CHRONICLE

A p r il 3, 1637.],a

Some other roads, too, have submitted very favorable
statements of earnings for February, though the re­
urns are by no means uniformly good. Thus the
Burlington & Quincy has added $201,046 to its gross
earnings and $308,509 to its net earnings. The St.
Paul lost $185,940 in gross but gains $45,830 in net.
The Wabash fell $63,411 behind in gross but added
$15,875 to its net. The Canadian Pacific suffered $53,162
decrease in gross while gaining $51,091 in net. The
Atchison lost $16,051 in gross and $127,873 in n e t; the
Central of Georgia $45,037 in gross and $6,084 in net;
the Denver & Rio Grande $78,531 in gross, $29,769 in
net, and the Louisville & Nashville $48,742 in gross and
$49,881 in net. The following furnishes a four-year
comparison for a number of companies that have sub­
mitted statements this week.
.

----- February

1897.
Nam e o f Road—
4
A t c h i s o n T o p . & S a n ta F e .G r o s s 2.192.900
4 8 * 8 )9
N et
235.731
B u fla lo R o c h . & P it t s . . . .G r o s s
81.830
N et
1 ,27?, 094
C a n a d ia n P a c ific .....................
384,823
N et
775.707
C h e s a p e a k e & O h i o ............
201,834
N et
C h ic a g o B u r l. & Q u in c y * . .G r o s s 2,769,402
1,230,341
N et
Oh 1casco M il. & 9 t . P a u l . . .G r o s s 2 .119,739
785,531
N et
D e n v e r 4 R io G r a n d e . . . . .G r o s s
435,953
N et
166.500
E r i e ..............................................
2,175.5*2
N et
389,933
G a . S o u t h e r n & F la ..............
67.228
22.617
N et
129.148
I o w a C e n t r a l.............................
N et
42,128
1 .567,828
L o u is v i ll e 4 N a s h v ille —
N et
525,5*8
1 .0 >7,223
M e x ic a n C e n t r a l....................
N et
332,338
257.230
M e x t c a u I n t e r n a t i o n a l , . . . .G r o s s
l O l .O 'l
N et
M in n e a p o lis 4 S t. L o u is . . .G r o s s
135,169
45.356
N et
N . Y . O n t . 4 W e s t e r n ........
2 5 * ,2 3 l
61,604
N et
157.079
R le G r a n d e W e s t e r n ..........
42,215
N et
S t . L o n ls 4 S a n F r a n ...........
471.938
N et
211.803
S a n . A n t . 4 A r a n s . P a s s . .G r o s s
131.420
N et
2 0 .4 0 )
W a b a s h ......................................
862,860
273,613
N et
W e s t e r n N . Y . 4 P a .............
196,235
N et
44,022

1896.
*
2,208,951
610,682
218,232
07,183
1,325.256
333,732
781.503
194,984
2.568,416
921.332
2.305.679
739,701
514,481
190,209
2 .1 4 * 8 0 7
374.*298
71.023
21,957
167,331
0X.154
1.816.570
576,487
776.327
218,467
245,106
l i ’8 .« 0 l
148.370
49,814
232,905
38,296
151.011
40.937
483.470
190,815
1*7.520
28,843
926,271
257,7a8
191.721
32,279

Earnings. ----------------->
1895.
%
2,068.703
378,247
181.734
23,229
992,032
206,621
646948
164,002
2,190,009
030,395
1,927,522
595.593
493.152
199.014
1,970,215
317,329
57,579
+L6.587
121,815
3 <,995
1,364 940
453.460
708,564
294,233
210.330
9 g 384
112,229
39,143
22*,0O5
20,023
134.837
35,812
413,401
139.300
128,580
29.012
844.529
175.029
208.700
39.380

1814
1
2 ,049,8 LO
375.737
209.^91
63 523
1,154,252
174,914
666,397
228,813
2,548, ?63
899,011
2,106 786
574,807
4 8 2 .U 6
188.432

89.901
+17,431
151.051
57,159
1,481.127
590 4 >4
689,187
240,794
180.013
84,298
1 2 \ 32 4
49,159
2 2 3 *02
48,78)
130,731
27.260
437.0 >5
147,928
91,408
d e f . l 540
833.48.
106.04’)
195 839
38,737

• C h ic a g o B u r lin g t o n A N o r t h e r n i n c lu d e d f o r a ll t h e y e a r .
+ N e t e a r n in g s f o r 1895 a n d 1894 g i v e n b e f o r e d e d u c t i n g t a x e s .

Returns of bank clearings likewise afford evidence
of a more active state of trade. We have prepared
this week our statement for the month of March, and
it records a small increase both with and without New
York— 1-7 per cent in the former case and 0T per cent
in the latter. This is the first time any monthly state­
ment ha3 shown an increase since last April, though it
is proper to say that March contained only four Sun­
days in 1897 while in 1896 it had five.
M O N TH LY C l& U U N O H
CUaHnjs, l A a i Jit
1897.

12.415.M14.973

P .C t.

—

1897.

1890.

T

4,027,143.291 —i-e
4,115,408,188 -1 0 *3
4,115,161,189 - H 7

Z ~
1,917,007,39 L 2,004,729.583
1,040,345.0L8 1.742.476,558
1,8 40.318,909 1,828,901,535
5.394.320.918

It

1st q u a r

1896

|g
i ty
ar
1c-3

J a n u a r y ..
F ebruary
M a r c h ..

"
i 4.507.014,723
3.691.475.797
4,217,424,453

Oietirtiws'lutai t9 Neao York.

—3 7

5.630.110.076

P .(K

— 7*J
-5*5
+

-i

-> 3

In the West, where rains, floods and bad weather
have retarded business, the returns show a falling off.
Thus for the Middle Western group the decrease is 5 -2
per cent, for the Far Western group 7 ‘1 per cent and
for the Pacific group 2*6 per cent. In the East, on the
the other hand, there is 2*1 per cent increase for the
Middle group, including New York, and 11*8 per cent
increase for the New England group. It also hap­
pens that there is a small increase in the Southern
group— 2'2 per cent.
Here is a four-year comparison
of the clearings at the leading cities.

639

M A R C H B A N K C L E A R IN G S AT L E A D IN G C IT IE S.

— -I f ar ch.----- - ----* — J a n u a ry 1 ,to Mar.
1897. 1896. 1895. 1894. 1897. 1896. 1895.
om itted .)
$
9
9
9
$
$
9
New Y o rk ... 2,387 2,316 2,241 2,049 7,022 7,252 6,500
Chioago........
333
362
367
3 43
938 1,082 1,06 3
397
352
Boston..........
360
349 1,180 1.08L 1,066
Philadelphia
248
26 L
266
242
747
820
792
103
St. L ou is___
98
100
91
325
299
300
San Fran*oo.
55
57
56
55
156
166
156
61
60
51
Baltim ore...
54
182
183
16 L
63
P ittsb u rg ...
60
52
51
185
185
155
Cincinnati...
51
49
50
50
144
147
157
New Orleans
37
43
39
39
118
136
120
Kansas City
43
40
42
39
127
129
120
L ouisville...
24
24
24
23
77
78
79
Saftalo.........
15
17
16
15
47
53
43
Minneapolis.
23
25
23
21
67
85
64
Milwaukee..
19
19
18
60
13
55
53
24
D e tro it.......
25
25
22
67
76
73
21
Providence..
19
20
63
IS
66
64
Omaha.........
18
19
15
21
52
56
46
26
C leveland...
23
2L
13
74
74
62
Denver.........
10
12
12
32
12
36
34
9t. Paul.......
13
15
16
13
36
53
47
rooo.ooos

T ota l......... 3,976
241
Other cities..

31.— *
1894.
9

5,938
1,006
1,031
699
23 0
157
162
152
154
12»
11 4
82
46
62
55
67
56
60
56
34
38

3,899 3,814 3,548 11,699 12,117 11,165 10,377
246
220
212
6 30
717
771
654

Total a ll... 4,217 4,145 4,034
Outside N Y. 1.830 1,829 1,793

3,760 12,416 12,833 11.845 11,03 1
1,711 5,394 5,636 5,345 5,093

As concerns speculation on the Stock Exchange, the
share sales were a little larger this year than in the
same month of last year, as will appear by the fol­
lowing.
SALES O F STOC KS A T T H E N E W Y O R K STOCK E I C K A N G E .
1897.
Month.

Num ber
o f Shares

P a r.

Z
Jan ...
F eb . . .
M a rc h .

3,305,412
2,803.401
5,039,910

1896.

Values.

323.774.750
200,430,100
485.428.750

i s t q r »1 208 729 1.075 63S.0OO

Actual.

Num ber
o f Shares.

z
209,587,4 72
171,004,054
325,254,505
705.440.03

Values.
P ar.

Z

A ctua l.

417,301,550
492,613,700
380,920,000

Z
250,445,60
300,289,13^
253,465,007

14.325.28- 1.200.S t 1.250

8 0 9 .20 0,4 71

4,535,012
5,203,008
4,580,579

Money on call, representing bankers’ balances, has
loaned this week at 1£ and at 2 per cent, with the bulk
of the business at the first-named rate, moderate
amounts at 1J per cent and only small lots at 2 per
cent, averaging a fraction less than I f per cent.
Banks continue to quote 2 per cent as the minimum
over the counter, while those trust companies who
loan accept the current Stock Exchange rate. Very
little business is done in time loans. The offerings
are liberal and quotations are 2 per cent for
thirty days, 24 per cent for sixty to ninety days,
3 per cent for four and 34 per cent for five to seven
months on good mixed Stock Exchange collateral.
The market for commercial paper is dull. Banks are
buying some choice names when they can get them at
4 per cent and the bulk of the business is done at this
figure. The supply is fair without any signs of
pressure, and quotations are 34 per cent for sixty to
ninety-day endorsed bills receivable, 3 f @ 4 per cent,
with the dealings chiefly at the last-named rate, for
first-class and 4 @ 5 per cent for good four to six
months’ single names.
The European political tension has been less severe
this week, though the situation on Wednesday seemed
to foreshadow an almost immediate outbreak of hos­
tilities on the Grecian frontier.
The efforts of the
powers to restore order in Crete have been wholly un­
availing, the insurgents attacking the Turkish troops
and the Mussulmen who are concentrated near the seacoast cities, and even the shelling of the insurgent
positions by the fleets of the Powers failed to pro­
tect the Turks from attack.
It was announced
in the English Parliament on Thursday that the
Government was doing everything possible" "to acceler­
ate the withdrawal of the Turks from Crete. The
Bank of England minimum rate of discount remains -

IH K

640

CH RO N ICLE.

per eelit. Tl it* mbit* reports discounts
tinehanu
o f sixty to ni wtv-dn v bank bills in London 11 per
cent, 'tlit? ©pe n mark et rate ni Paris is 3 per cent and
at Berio and l Tarikfoi't it 18 3 per cent. According
oable fro in Lon ion the Bank of England
to o u r *)
lost 45, o:},£80 bnllion during he w e e k and held £39.close of the wt■ek. Our correspondent
843.455
further si*|vii#§ us t h a t the lo rs w a s d u e t o t h e s h i p jaunt > tt the ifi t e r i o r of Oretit Britain' of £904.000 net
and to iinports o f £ 2 t 1.000, of which £311.000 were
from Ausiruli a and £50,000 from Egypt.
The foreign exchange market has been almost stag­
nant 5hi- week, and without change either in the range
for posted rates or in those for actual business until
Thur-dat. when the latter were quotable lower for
sight Mr wing and cable transfers for the first time
since March 33d. but long sterling was unchanged.
The offering® of commercial bills are confined
to a few against provisions, as was the case last
week, and those for future delivery are held at
figures as high as those for bankers'’ bills,•though
some wil not he delivered until September. Conse­
quently sixty-dav sterling is firm.
Maturing bills are
almost daily offered in moderate amounts and they are
promptly absorbed. The ease on Thursday was mainly
due to the absence o f demand and lower discounts in
London, and not to any pressure of bills. The arbi­
trage bn-mess has not had much influence upon the
market : her way. There was, as noted, no change
lit the range for posted rates during the week, these
being 4 Nig for sixty day and 4 88@4 884 for sight:
but on Thursday Brown Bros. & Co. and on Friday7
the Bank <•; British North America reduced the sight
rate hail a cent to 4 88. Kates for actual business were
unehmmed and the tone of the market was quoted dull
and ,-u-ady unt il Thursday, when there was a reduction
of tum-quarter of a cent in short sterling and in cable
transfer-, to 4 sf<J/4 87| for the former and 4 87£@
4 87.? for the latter, and these were easy,-while long
sterling remained unaltered and steady. There were
no changes yesterday.
The following shows the
daily posted rates for exchange by some of the leading
drawers.
••UI.V POSTED RATES FOR FOKEiSX EXCITAXOE.
V m .,
M a r . 20.

I 60 d a y s*
\ s ig h t ,.

B row n B rotu ,...
B fr te t# ,
M lu ? o r m

k

j 60 d a y s
C o . 1 S ig h t ,,,,

B a n k B r it1* a
J 60 d a y s
N o . A s i g H c a , . | S fjfr M ,..
B s tile o f
M o f c l r o f i!

16 0 d a y s.
S ig h l,.

B tO k 1
o f C o iK T O o re ® ., 1

O m tm d im

m

day*
*

llftidM&aegi, Jek- 160 days

rmmmm h Oo, I siaht., ,
r& Tmrm..

M o n ..
M a r . 20
86^
88*

s m

88M
tG 4
8b U

m

Bit.
4m d m .
B
i
o f r a t j a d a . .. . . . . I Slurb!..,,

w e r > ..
3 1.

M a r.

Si
Si

T o rn ,
A p r , 1.

W H

86^
88k

a

p r .

2

F6k
88^8

T

H it

W M
m
i

M X

M X
88H

«SX

MW
8 H ,;

s-w

88

B C H
S 8 h

f« x
W t

86?^
ft-X
86 m

88X

t m

m

R- W

f6 k
saw

Sf Si
m

i

Si

z m

Si
8“

T

u

r8* r
w*

60 days.
. S ii r h u .

T c r s a ..
SO .

M u r.

88
m j*

8h

86k
8-‘ K

% .*

88

r8*

f s

i t *

1 he market closed steady on Friday at 4 86| for
Bixty day and 4 88@4 88i for sight.
Bates for ac­
tual busim-s- were 4 85|@4 86 for long, 4 87(B:
4 87 . for short and 4 87£@4
for cable trans­
fe r Prime commercial bills were 4 85@4 8&jr and
documentary 4
84|.
The following latement gives the week’s movements
of money to and from the interior by the New York
bank*.
W t- m

m &

k m

A p H ’ %

I W

/

]

H 'C r t v t d

V\
C arH

s m

1

f. . . . . . . . . . . . . .

G o l d ................................................... .........................
T o ta l

h y

V . B a n k * .

I

® » ,S 7 ,io o o
5 8 8 ,0 0 0 ,

fr m d ftr a . . . . i * 5 ,1 8 1 , 0 0 0

S h ip p e d

| V. V .

h y

B a n !;* .

i

N e t. i n t e r i o r
■ M a m v im t.

$ 3 , 7 4 4 , O O u ! G a in .

$ 8 2 9 ,0 0 0

3 1 1 ,0 9 0 G a i« .

2 7 7 .0 0 0

* 4 ,0 5 5 .0 0 0

G a ia .S l.t o e .O O u

fV o t. LX1V.

With the Sub-Treasury operations the result is us
follows.
W ee k

E n d in g

2,

A p r il

1

U H T .

O u t o f

in fo

[
B m ii L s ' i n t e r i o r k i o v a m e u L s i s a L o v s
.S U l> - T i© a i4 ttr v o j h »r n l i o n
T o la !

.......... **„ J

0 ,2 0 0 OOO

j

B

n fm .

!

N e t O h m w
B

tile

In

H o ld in g .

$ 4 * 0 5 .5 ,0 0 0 G a i n .

.

M 0OO,OOO L o s e

'*«0
5 ,4 0 0 ,0 0 0

H i m : * ) 8 . 0 5 5 .(M k > L o s * $ 4 , 2 9 4 , 0 Ml

a m t Iren l te n d e r

The following table indicates the amount of bullion
in the principal European batiks this week and at the
corresponding date last year.
Gold.
S a a r la n d ..........
F ra u d © ,. . . . .
G a n n a n y . ..
A a « t . - H t m g ’y
S p a in ..............
N e th e rla n d s
N a t.B e lg iu m .
T >t,fchl» w © e *

T

April 2. 1890.

April l . l t m .

Bank of

Silver.

Total.

Silver.

Gold.

£
£
£
39.3 J2.4 55
30.342.455 47,062,695
76,736.938 i49.078.7l9 125,810.657 7 8 ,0 3 9 ,2 8
30,806,900: 15.916.500 46.813.400 89,3 82 .50 0
31,011,OOP|12.627.000 48,688.000 26,219,000
8 .5 2 8 .0 0 0 10.770.000 19,203, OOC
8.004.000
0,010,000 2 023,000
2.632.000 7,014.00-0
1,391,637
2 ,5 3 2.6 0?
2,788,383
4,175.005

lir

Total.

£
47,062 095
49,878,1! 2’ 127.917,401
11,601,250
12.7S8.000
10,411.000
6,971,000
1,266,323

43,983,750
38.07 7.0t 0
18,445 000
0 ,504,000
3,700,000

191,030,626 96,792.886 2 88.720,512 103,865,151 05.915,696 287,778 810

t D re* w 'V 1 9 3 , 0 7 8 .1 5 1

W« 6f'5,l 71

289.683 625 196,32

96 t5.6H 5.Blil 2 -1 ,9 0 1 .0 0 0

R E T R O A C T I YE CUSTOM S L E G IS L A T IO N .

Discussion with reference to the legality of a retroaetive Customs law has taken a wide range without
reaching any definite results. The tendency of opinion
at the moment seems to be that Congress has the right
to pass such a law. We have heretofore assumed in our
references to the matter that the power did not exist in
Congress to perfect tariff legislation in that way. and we
still think this conclusion is correct. On Wednesday last
the Douse of Representatives attempted to make the
JDiugley bill retroactive by adding a provision
that
all articles mentioned in the several schedules of this
Act which shall be imported into the United States be­
tween the first day of April 1897 and the date of pas­
sage of this A ct and which were not purchased and
directed by the owner to lie shipped for import into
the United States by any citizen thereof prior to April
1 1897, shall bear the same duties to he charged upon
similar articles in this Act ” , As this retroactive pro­
posal has thus taken a definite form, it seems desirable
to state some of the difficulties, as we interpret the situa­
tion, which stand in the way of such an attempt. Of
course we can cite no decision settling the point at
issue for the obvious reason that Congress has never
passed a retroactive Customs law. The question of
power has consequently never been before the courts
in such a way as to afford the opportunity for an atlthori tati ve d otenn ination,
A general principle which no one will Controvert is
that retroactive statutes are looked upon by the
courts with extreme disfavor. This is so far true
that unless the intent is e.xpressed so clearly as' to be
placed beyond doubt the act will not be construed to
operate retrospectively even when it is not obnoxious
to any Constitutional provision. Some of the deci­
sions have carried this idea to the extent of declar­
ing that, a Statute should not receive such construc­
tion even when it contains features which tend to fix
the date of its operation earlier than the date of its
passage. Thus for instance the Wilson tariff bill of 1890
named August 1 as! the date when the Customs duties
it established should ho operative in precisely the same
manner as the Dinglcy bill originally fixed May .I.
The Wilson hill did not become a law until August 38
and the courts held it, was not retroactive; that the
duties were not chargeable until the date when the
legislation was completed. We shall refer to that de___ w ____.
.. hich the words quoted
_
0 The
hole o f____
t in- _____
section o. f w
are a part o f
opening sentence w ill he found to day at the end of our editorial
matter.

A p h il 3, 1897.]

THE < HR0N1CLE.

641

eision again in this article. It is cited here only to ously committed or increases the punishment of one.
show how critical the courts are in construing a Y et this would be the effect of the Dingley tariff if, when
retroactive statute. If the Dingley measure should passed, it became active from the date mentioned,
not become a law before August 1, and if it had still April 1. Take the case of wool, which is free now
retained all its other features, including the clause under the law of 1894. A merchant is not a smug­
indicating May 1 as the day the new duties would be gler however he brings that raw material in, and com­
operative, there are provisions in the law which would mits no crime if he does undervalue it. After the
negative the idea that it was to go into effect at any Dingley law was signed by the President the same
time other than the date of its receiving the Presi­ merchant might discover that he was a smuggler,
dent’s signature. The Court in construing the whole or liable to a fine, or perhaps to have his goods
The situation of importers would be
act would find in it several provisions inconsistent confiscated.
with the idea of the new tariff becoming a going much the same with reference to other articles all
concern on the first of May or at any other date than through the tariff measure ; there would be forfeit­
when signed by the President, and that inconsistency ures, fines and penalties attaching under the Customs
would be construed as putting the intent as origin­ Administration Acts, if not under the tariff law itself,
ally expressed so far in doubt as to control the con­ attendant upon the importations of goods during the
struction of the law. This is the result to which the interim while the tariff law was being enacted, which
decisions bring us; they show in brief this at least, that only became crimes after the law was perfected. In
it would be a highly .difficult undertaking to frame a other words, acts which are in no respect criminal, but
authorized and innocent under the 1894 law, would be
retroactive Customs law which would be operative.
The House of Representatives has by its amendment turned into crimes under the 1897 law. That would
sought to overcome these preliminary objections. be an ex post facto law, a class of legislation both Con­
First it states clearly the legislators’ purpose and in­ gress and States are distinctly forbidden by the Federal
tent to enforce the duties in certain cases from April Constitution to pass.
t, as shown above. Consequently if the Dingley bill is
It seems, too, as if an argument of decided force
passed by the Senate with the provision referred to as against such legislation may be constructed upon the
it now stands, the question will be sharply raised and idea which underlies the Constitutional provision for­
must be considered by the courts on its merits, bidding laws impairing the obligations of contracts.
whether a tariff bill can be made retroactive. Another This provision by its terms relates only to legislation
feature of the amendment is also quite significant. It by States; hut there would seem to be no reason why
will be noticed that the Ways and Means Committee the same principle does not exist as one of the funda­
have made an exception in their retroactive clause mentals of every commercial nation, nor why it should
which may be as wide as the interval they have tried not be applied to our General Government so far at
to bridge. • A t first sight it looks as if all imports after least as its own contracts are concerned. According
April 1 must pay the duties. That is not at all the to the eternal bill of rights a contract binds the par­
reading of the amendment. If any goods have been ties to it; “ a grant in its own nature amounts to the
bought by a citizen of the United States for shipment extinghishment of the right of the grantor.”
The
and directed by him prior to April 1 to be shipped, United States Government is not free to act as it
they are not subject to the duties no matter when they pleases in this matter;
it has entered into and
get here if it be prior to the date the bill becomes a placed itself under a contract with the importer of
law. The amendment does not even say that the goods extending and granting until a new tariff has
goods, to come within the exception, must be delivered been enacted certain privileges and rights to importers
as well as bought; if they are simply purchased and of merchandise, and so far has extinguished its right
prior to April 1 their shipment be directed by the over those goods.
The situation may be illustrated
owner, they are not liable under the higher rates of by the case of wool which may be put in warehouse
the Dingley bill. In other words, it would seem that after April 1 at any time before the new law is signed
the Ways and Means Committee have sought through by the President. When that wool is imported it goes
this feature in the form of the amendment to be able into warehouse under a provision of the law that it
o urge before the court in any litigation arising un­ might stay there and be withdrawn by payment of duties
der it that no ordinary trade was interfered with by in force at the time of withdrawal. The only duties in
the retroactive clause; merchants it will be urged had force or that can be in force until the new law has been
notice the morning of March fit through the daily enacted would be the law of 1894. Y et we are told that
press of the amendment to be passed and consequently Congress can come in and say to the importer, we are
had time to complete any negotiations begun. In this going to break that contract; if you exercise your right
way, we repeat, the apparent aim is to relieve the and take those goods out under the law as it stands on
Government’ s case (1) of the usual preliminary objec­ the day of withdrawal our intention and expectation is
tion that the intent is not clearly expressed, and (2) to repudiate that agreement and to get another law into
so far as possible to relieve it also of the disfavor operation a few months hence under which we will
with which, as stated, retroactive laws are always re­ make you pay just as much as if the new law existed
ceived.
to-day. Is it necessary to more than state that propo­
But there are certain provisions of the Federal Con­ sition to prove its folly?
stitution which would seem to stand in the way of any
It may be claimed that this idea could not be
retrospective tariff legislation. The most conclusive applied to withdrawals of imports which should go
is the section forbidding Congress to pass any ex prist into warehouse after the distinct declaration has been
facto laws. We are quite aware that this provision is made a part of the new bill that the duties were to be
not intended “ to secure the citizen in his private retroactive but before the measure had become a law.
rights of either property or contracts.” But it forbids We are not able to see any difference in the legal status
the passage of a law which creates a crime out of an inno­ between the early bonded goods and those later bonded.
cent act theretofore done or aggravates a crime previ­ The same principles would seem to pertain to all mer-

642

THE OH RON 1CLE.

fVoL. LA1V.

chandise warehoused and withdrawn before the new subject is within the law-making power” . Having
tariff legislation was completed. Both descriptions of quoted those words, and having assumed (1) that the
tran-.i-tions would alike have attached to them the sentence was not mere dictum but was necessary to
provision of the 1894 act which reads “ that any mer­ the decision of the case, (2) that it was a conclusion of
chandise deposited in bond in any public or private law by the Court and not a simple statement of the
bonded warehouse may he withdrawn for consump­ fact that no such question had been made or raised in
tion within three years from the date of original the case, and therefore that it was a question not need­
importation on the payment of the duties and ful for him to discuss, and (3) that the words “ this
charges to which it may be subject b y la w a t t h e tim e whole subject” meant the subject of retroactive legis­
of such withdrawal." The foregoing could not- be lation—having assumed these false premises the
more * \elicit *. the contract entered into by the Gov- writer goes on to make this totally unwarranted and
ernuimit with the importer is without ambiguity and irrelevant conclusion: “ I cannot see how any inference
a - plain as words eonld state it. It stipulates that the can be drawn from this case except that if the inten­
importer can make withdrawals of his merchandise at tion had been expressed in unambiguous terms to put
any rime by “ payment of the dirties to which it may a retroactive statute into operation the Court must
be subject b y l a w '' (not by a retroactive clause in a have sustained its validity.”
tariff which is not the law then and may never ho)
We fear to weary the reader or we would go over,
f ‘ a t tin ti m e of such withdrawals".
That statute step by step, Judge Fuller’s opinion. The case
stands in full force until it is repealed, and we repeat was decided against retroactive legislation simply on
that until it is repealed goods can he withdrawn by the preliminary question of legislative intent, so that
payment of the duties to which they are “ subject by the issue of Constitutionality or any other issue which
law at the time of such withdrawal” .
touched the essence of the law was not raised or decided.
The foregoing are only a few of the objections But there are a good many suggestive sentences in Judgo
which may be urged against this amendment to the Fuller’s opinion which, if read between the lines,
Tariff Bill. But we must omit further mention of would develop into strong arguments against the gen­
these that we may notice the authority cited in sup­ eral principle of retroactive tariff laws. Why any one
port of retroactive duties by the Ways and Means should have ever thought of quoting the Wilson tariff
Committee, according to a Washington telegram. The case, the United States vs. Burr et al., in favor of the
authority mentioned was the decision under the Wilson retroactive idea we are at a loss to understand.
Tariff Law. As stated early in this article, the 1894
tariff named August 1 as the day on which the duties
prescribed in the Act should go into effect, whereas S P I R I T O F T H E L A W A N D I N T E N T O F T H E
L E G IS L A T O R D IS R E G A R D E D .
the measure did not become a law until August 28th.
The
more
the decision of the United States Supreme
The question arose at once, which was the date when
Court
in
the
case of the Trans-Missouri Freight Asso­
the new rates became operative. Issue was joined in
ciation
is
studied
and examined, the more surprising
a case entitled the United States vs. Burr et al.
which was tried first, before the Circuit Court and sub­ does it appear. hTo one who reads Justice White’s
sequently was carried to the United States Supreme dissenting opinion (concurred in by three of the other
Court, where Chief Justice Fuller delivered the opin­ Justices) can fail to be convinced that both the argu­
ion of the Court. The decision on each occasion ments and the facts seem to be very largely on the side
was against the retroactive feature, the Court of the minority. It is very hard to reconcile the views
holding that August 28 and not August 1 was the expressed in this instance with the uniform rule of
date when the duties became operative.
That judicial interpretation in the past. On the one hand
is to say, we are referred as a precedent for the the Court has given a much wider scope to the Trust
present action to a case directly opposed to that Act of 1890 than the law-maker evidently intended it
action. Furthermore, it so happens that the litigation should have, and on the other hand it has given an
Cited involved a decrease of Customs duties, whereas the entirely new meaning and significance to certain wellpresent movement involves an increase of duty: in known words used in the Act. Under the circum­
other words, the Government gave the importer some­ stances we think that the legal representatives of the
thing on that occasion, that is gave him relief from members of the Joint Traffic Association acted with
taxation; whereas now it takes something from him, good judgment at their meeting this week when they
that, is. it adds to the tax on his merchandise. How advised the managers of the Association to continue
unusual, we might say how significant it is to have an the work of that body until the Supreme Court shall
advocate cite as the only authority in support of a have had an opportunity to pass upon its legality— the
principle, a case which both in its facts and in the case (now before the Court on appeal) to he hastened
conclusion reached was directly opposed to that prin­ so as to secure an early decision.
ciple.
Mr. Aldace F. Walker, in an interview in the “ Even­
There is then evidently nothing at all to be gained ing Post” on Monday, brought, out in a clear way some
by the retroactive advocate in referring to that litiga­ of the remarkable features of the decision. Mr.
ted . U i- have several times seen the case cited as if Walker, as is well known, is at present Chairman of
it were Useful in that way, but have never known a the Board of Directors of the Atchison Company, ; ml
word to be quoted from it which was claimed to favor lias been a member of the Inter-State Commerce Com­
that contention except by a casual correspondent in mission, Chairman of the Western Traffic Association
one of the New Vork daily papers three weeks ago. and P i airman of the Joint Traffic Association, besides
I hat correspondent ignored entirely the opinion in the being an experienced lawyer. He also possesses the
higher Court of Chief Justice Fuller, but quoted the power of logical statement in a high degree, and his
following sentence from Judge Wheelers remarks at analysis of the bearing and consequences of the de­
'he Circuit Court in announcing his decision— “ that cision and its revolutionary tendency and effects is very
no question exists or is really made but that this whole able and forcible. Mr. Thomas Thacher, the well-

Ar

L 3, 1837.|

THE CHRONICLE.

inow n lawyer, in a letter published in the “ New York
Sun” on Thursday also brought out some interesting
facts bearing on the interpretation to be put on the 1890
law, derived from a study of the debates in Congress
during the passage of the measure. When in connec­
tion with all this we have the strong and convincing
argument of the minority, comprising four of the nine
members of the Court, it would seem that broad
though the language of the decision is, there is justi­
fication for the hope that on fuller arguments (or in
the case of a traffic agreement like the Joint Traffic
Association, differing somewhat from the Trans-Mis­
souri Association), the Court may perhaps be induced
to modify its ruling or give it a more restricted applica­
tion than it is now construed to have.
The Court decided, it will be remembered, that it
was the intention of Congress to include carriers en­
gaged in inter-State commerce within the scope of the
Trust Act. But study of the legislative history of the
measure shows that a deliberate attempt was made to
insert a clause in the Act specifically including the
carrying interest, and that the effort met with defeat.
The facts are given both in Mr. Walker’s remarks and
in the minority opinion of Justice White. The bill in
its present form was favorably reported by the Judiciary
Committee of the Senate and passed that body. In
the House Mr. Bland offered an amendment, which
was accepted, making railways subjectjto the Act. The
Senate, however, would agree to the amendment only
on condition that the contracts for transportation to
be prohibited “ should only be such as raise
the rates of transportation above what is just
and reasonable” . The House preferring the language
of the Bland amendment, a conference committee of
the two houses was appointed, which recommended
the adoption of the modifications proposed by the
Senate, its report stating that the only object of the
original bill was the control of trusts and that the Bland
amendment, by including the subject of transportation,
extended the scope of the measure. The House still
insisting on its own measure, a second conference
committee was appointed. This committee reported
in favor of dropping the whole matter in controversy,
and its recommendation was adopted, so that the bill
became a law in the form in which it was originally
introduced. As Mr. Walker well says, these facts
show that “ Congress deliberately and understandingly
abandoned the idea of bringing the subject of trans­
portation under the control of the Act” .
Justice White, in his dissenting opinion, brings out
a further important point. The Inter-State Commerce
Law was passed in 1887 and it was intended to regulate
inter-State commerce transported by railway carriers.
All its provisions directly and expressly related to that
subject. The Trust Act of 1890, on the other hand, is a
general law, not. referring specifically to carriers of
inter-State commerce. The rule is that a general statute
will not be held to repeal a special statute unless there
be a clear implication unavoidably resulting from the
general law that it was the intention that the provis­
ions of the general law should cover the subject mat­
ter previously expressly and specifically provided for
by particular legislation. Does therefore the im­
plication irresistibly arise, asks Justice White, that
Congress intended in the Act of 1890 to abrogate
:n whole or in part, the provisions of the Act of 1887,
regulating inter-State commerce ? “ It seems to me
that the nature of the two enactments clearly demontrates that there was no such intention. The Act to

K43

regulate Inter-State Commerce expressed the purpose
of Congress to deal with a complex and particular sub­
ject, which from its very nature required special
legislation. That Act was the initiation of a policy by
Congress looking to the development and working out
of a harmonious system to regulate the highly import­
ant subject of inter-State transportation” .
The fact that there was and could have been no in­
tention to repeal by the A ct of 1890 the earlier A ct
to «regulate inter-State commerce is additionally evi­
denced, says Justice White, by the circumstance that
no reference is made in the later Act to the prior one,
and that no language is contained in the Act of 1890
which could in any way be construed as abro­
gating any of the rights conferred or powers
called into existence by the Inter-State
Com­
merce Act.
Nowhere contemporaneous with the
Act of 1890 is there anything indicating that anyone
supposed that the provisions of that Act were intended
to repeal the Inter-State Commerce Act. The under­
standing of Congress in this respect is shown by the
circumstance that the Inter-State Commerce Act has
been amended in material particulars and treated as
existing since the adoption of the A ct of 1890, and this
conception of the legislative department of the Gov­
ernment has also been that entertained by the execu­
tive and judicial departments, evidenced by the ap­
pointment of new members of the Commission and by
decisions of the courts enforcing various provisions of
that A ct and treating it as still subsisting in its en­
tirety. It is the opinion of Justice White, too, that
examination of the Inter-State Commerce A ct bears
out the conclusion that contracts like that embodied
in the Trans-Missouri Freight Association are either
directly sanctioned or impliedly authorized thereby.
Not only, however, does the majority opinion of the
Supreme Court undertake to bring the railroad carry­
ing interest within the purview of the 1890 law, but
Justice Peckham also gives a new meaning to the
words “ restraint of trade” . A t the common law these
words have always meant unreasonable restraint of
trade. The Supreme Court itself has decided that the
true test whether a contract be in restraint of trade is
not whether in a measure it produces such effect but
whether under all the circumstances it is reasonable.
That this has been the accepted definition is not denied
by Justice Peckham, but he argues that the words of
the 1890 statute read “ every contract” , &c., in restraint
of trade, and hence the statute must be accepted as
ruling out all contracts, whether reasonable or
not.
The answer to this, however, is that the title
of the A ct clearly shows what was meant. The title
is “ An Act to protect trade and commerce against
unlawful restraints and monopolies” . The word un­
lawful clearly distinguishes between contracts in re­
straint of trade which are lawful and those which are
not— in other words, between those which are unrea­
sonably in restraint of trade, and consequently invalid,
and those which are reasonable and hence lawful.
“ When, therefore, in the very title of the Act the well
settled distinction between lawful and unlawful con­
tracts is broadly marked, how can an interpretation be
correct which holds that all contracts, whether lawful
or not, are included in its provisions ? * * * It is,
I submit, not to be doubted that the interpreta­
tion of the words ‘ every contract in restraint of trade’
so as to embrace within its purview every contract,
however reasonable, would certainly work an enor­
mous injustice and operate to the undue restraint of

B44

TH E

0HRUN1CLK.

[V ol. LX1V.

the liberties of the citizen. But there is no canon of struction td the 1890 statute both in defining its scope
interpretation which requires that the letter be and defining its language?
followed, when by so doing an unreasonable result is
T IfE J A P A N E S E C U R R E N C Y C H A N G E S *
a<, umplished. On the contrary, the rule is the other
wav, and exacts that the spirit which vivifies, and not
M a n c h e s t e r , March 24.
the tetter which killeth. is the proper guide by which
In a brief telegram from Yokohama published in the
to correctly interpret a statute.”
English newspapers of March 2d it was stated that the
But if there were any doubt as to the definition which Japanese Government had determined to adopt the
ot -nl ! be given to the words, it: would be removed by gold standard at a ratio of 32-34. Little has been added
the : . • Brought out in the letter mentioned abovfi of to this bald announcement in subsequent publications,
Mr. Thomm Timelier to the “ Sun," Mr. Thachers pur- and merchants and others interested in the subject, in
p,,si- iii writing was to point a moral respecting present default of precise information, have been much exer­
legislative methods and to urge that Congress should cised in discussions and conjectures as to the particu­
not leave the meaning of an act obscure and rely upon lars of the scheme adopted by Japan, and the possible
the courts to decide what the legislator intended. consequences of its operation. I am enabled to com­
His quotations, however, from the speeches of mem­ municate the following details which have been de­
bers of Congress at the time of the discussions of the rived from authentic sources.
measure are valuable evidence going to prove that
The future monetary unit of Japan is to be a gold
Congress supposed the Courts would follow the same dollar, or “ yen” , containing -75 gramme of fine gold.
rule of interpretation as in the past, whatever that Ho coins of so low a denomination will, of course, he
might be. In the final debate in the House, Mr. minted. The gold coins will' be 5, 10 and 20-dollar
Culberson, of the Judiciary Committee, according to pieces, 900 fine. The 20-dollar coin will contain 15
Mr. Thacher, remarked: “'H ow just what contracts, grammes of pure gold, and will weigh 16§ grammes.
what combinations in the form of trusts, or what con­ The gold contents and the actual weight of tire new
spiracies will he in restraint of the trade or commerce coin will be exactly one-half of that prescribed for the
mentioned in the bill will not be known until the gold dollar which was authorized in May 1871. when
courts have construed and interpreted this provision” . an attempt was made—afterwards abandoned— to es­
In the Semite on April 8, 1890. Senator Keuna having tablish a gold standard in Japan. The present silver
asked whether the word “ monopolize” would apply in dollars are to remain legal tender until a date, not yet
the case of one who, by skill and energy, had practic­ determined, of which six months’ notice is to he given.
ally secured the whole trade in sliort-horn cattle in After this date the withdrawal of the silver dollars is
this country, Senator Edmunds is reported to have to begin, and the process is to be gradual, extending
said : “ It is not intended by the Committee and the over a period of five years. During this period the
bill docs not do it. Anybody who knows the meaning silver coins will be exchanged for gold ones at the ratio
of the word monopoly as the courts apply it, would of 32-348 dollars to one. From the date of the pro­
not apply it to such person at all, and I am sure my mulgation of the new law the mints are to he closed to
friend must understand that” . Senator Hoar remarked the coinage of silver and open to that of gold. Sub­
that he had put the same question in committee, and sidiary coins of silver are to he issued in half dollars,
then said : “ But I was answered, and I think all the 20-cent. and 10-cent pieces, 800 fine, as at present.
other members of the com m its agreed in the answer,
The deliberate manner in which the new monetary
that ‘ monopoly’ is a technical erm known in the com­ system is to be set on foot will afford an assurance to
mon law. * * I became satisfied that they were right merchants and financiers interested in Japanese affairs
and that the word has a clear and legal signification.” that the contracts and engagements in which they are
Here u another quotation from the remarks of Sen­ concerned will not he suddenly disturbed. From the
ator Hoar, given by Mr. Thacher : “ We have affirmed point of view of the Government of Japan, too, the
the o ld d w ir i in ' o f (h e co m m o n la w in regard to all choice, which it reserves, as to the date when the
inicr-Siaie and international commercial transactions, process of withdrawing silver coin is to commence is
and have clothed the United States courts with author­ obviously wise. It thus secures time to observe the
ity to enforce that doctrine by injunction. We Have course of the silver market after the announcement of
put in also a grave penalty” . And here is what Senator its scheme, before this is put into operation. The ratio
Edmunds said: “ We * * * thought that if we selected— 32-348—is equivalent to 29 3-16d. per ounce
were really in earnest in wishing to strike at these evils in London, and since the news has been received the
b r o a d l y in the first instance as a new line of legislation, quotation has fallen to 28 9-16d. , that of March 1st
w e w o u l d frame a bill that should be clearly within our immediately before the telegram arrived having been
C o n s t i t u t i o n a l power; that we should make its defini­ 29 5-Sd. per ounce.
The gold value of Mexican and
tions mi f n f t e r m s th a t w e r e w e ll k n o w n to th e la w a l r e a d y , other dollars, also circulating in the Far East, lias
a n d w o u l d l e a v e it to the courts in the first instance to declined in approximately the same degree.
say how far they could carry it from its definitions as
The opinion prevails that the ratio adopted was
applicable to each particular case as it might arise” . purposely fixed at a point below the then bullion value
And here is what Senator Sherman said at one stage of of the yen in order to encourage the export and perthe proceedings: "It does not announce a new princi­ haps the melting of the coins. If so, the object has been
ple *>f law . !ui! applies o ld a n d w ell r e c o g n i s e d p r i n c i p l e s defeated by the decline in the silver market.
But
o f tin a w w m n la w t o the complicated jurisdiction of clearly, the main consideration is the quantity of silver
our State and Federal Government” . “ It is said that yen which will, sooner or later, have to be exchanged
this hill will interfere with lawful trade and with the for gold at the Japanese mint. Ho reliable statistics ap­
customary b u x i n e s * of life. I deny it. It aims only at pear to exist of the amount of silver you in circulation,
u n l a w f u l combination.”
it is known, however, that the money in use consists
Coder all the •irenmstances does it not seem as if
♦Communicated by our Special Correspondent at Man­
the majority in the.tr opinion had given a strained con­ chester.

A pril 3. 1S97.J

THE CHRONICLE.

645

chiefly of the notes of the Government and the Bank of tion with those of Japan will be stereotyped, but it
Japan, and that, except of the smaller denominations, cannot be further increased.
no great quantity of silver is met with in Japan. The
whole sum existing, in circulation and in the banks and C I T Y A N D C O U N T R Y I N N E W Y O R K S T A T E
G O V E R N M E N T .
the Treasury, is estimated at about 100,000,000 yen. Not
Two novel and curious bills were introduced in the
all of this amount would, of course, be presented for
redemption, and a large proportion of it would in any State Assembly on Monday of last woek. The pur­
case be required for subsidiary coinage. But there is pose of both measures was Jto divide New York into
in addition an unknown quantity of Japanese yen in two separate and independent States. The Federal Con­
circulation in China, the Straits Settlements and other stitution provides that no now State shall bo formed or
neighboring territories. It is assumed by those who erected within the jurisdiction of any other Stato with­
make much of this outside circulation of Japanese sil­ out the consent of the Legislature of the State con­
ver money that it may reach 50,000,000 yen. So long cerned as well as of Congress. It is the professed
this require­
as the ratio contemplated over-estimates, as it now purpose of the bills in question m
does, the bullion value of the silver dollar, it is clear ment. One of them, therefore, provides that the con­
that the beginning of the process of redemption at sent of the Legislature shall be granted to such di­
that ratio would be the signal for the return to Japan vision; the other that in the counties which are to
of a great proportion of the yen now existing outside constitute the proposed new State the question of or­
the country. Evidently, therefore, the bold enter­ ganizing such a State shall be submitted to the voters
prise to which the Japanese Government has commit­ at the next general election. The counties thus pro­
ted itself will have to be conducted with great care posed to constitute an independent State are those of
and with a constant watch upon the course of the sil­ New York, Kings, Richmond, Queens, Suffolk, West­
chester and Putnam. This territory comprises all that
ver market.
The new departure has been taken in pursuance of section already designed for incorporation under the
the recommendation of the Imperial Commission which Greater New York charter, with the whole of Long
was appointed in September 1893, “ to investigate the Island added and the two counties north of New York
causes and effects of the fluctuations in the value of City. In effect it proposes to construct the so-called
silver, and to suggest the best monetary standard for Greater New York into an independent commonwealth.
We do not suppose that this legislation was intro­
Japan” . The majority of the members of the Com­
mission reported in favor of the single gold standard, duced with any very serious purpose or with any ex­
and favored early preparations, particularly that of an pectation of success. It was proposed by one of the few
accumulation of gold. It may be inferred that steps New York City Assemblymen who had the grace to
were taken in the latter half of last year towards car­ vote agaiiist the Greater New York charter, and it was
rying into effect the last part of the recommenda­ therefore very possibly intended as a retort to the pol­
tion. The Government of Japan has for some time icy of interference with our city matters long pursued
past held a large balance to its credit in by the country members of the Legislature. The mere
London, the proceeds mainly of the Chinese suggestion, however, of such a political arrangement
indemnity money. For a long while no appreciable directs attention to some very extraordinary elements
quantity of gold was exported from the United King­ in the government of New York State which are likely,
dom to Japan, but in the last few months of 1896 the in the not far-distant future, to give rise to some ex­
exports thither of gold recorded in the official statistics ceedingly interesting results.
Out of the 150 members of the New York State
amounted to £1,012,000. In January and February a
further sum of £1,449,600, making altogether nearly Assembly not less than 56 already represent districts
£2,500,000, was sent, and it is believed that the within the city territory covered by the Greater New
movement has been continued during the present York charter. Of the 50 Senators at Albany 20 are
month.
elected from the same municipal constituency. In
At the current rate of exchange the supply already other words, nearly forty per cent of the present
recorded is equivalent to about 25 million dollars, and Albany Legislature directly represents the communi­
it is possible that more may have been drawn from other ties of New York and Kings counties, which are to be
sources. There can be little doubt, therefore, that combined under the greater charter. Hven to-day,
the Japanese Government is rapidly putting itself into therefore, the two great cities at the seaboard com­
a position to carry out its scheme so far as the pro­ mand not far from a majority at Albany. But the
vision of the necessary quantity of gold is concerned. new constitution of the State further provides that the
Its chief care must be, however, to avoid as far as pos­ Senate districts “ shall be so altered by the Legislature
sible serious loss in the process of withdrawing the silver at the first regular session after the return of every
currency. The absence hitherto of definite informa­ enumeration” — the next State census will be taken in
tion as to the details of the scheme has prevented any 1905— “ that each Senate district shall contain as nearly
serious discussion as to the general economic conse­ as may be an equal number of inhabitants” , while at
quences which may follow its complete carrying out, the same session “ the members of the Assembly * *
and in particular the effect upon the external trade shall be apportioned * * among the several coun­
of Japan, and its capacity for industrial competition ties of the State as nearly as may be according to the
with the Western nations. The consequence of adopt­ number of their respective inhabitants” .
The obvious result of this provision will be to en­
ing half a gold dollar as a whole one is obviously, how­
ever, simply to perpetuate any advantage which Japan large, with each successive census, the representation
may already have gained from the fall in the value of of the Greater New York in the Legislature. In 1880
silver. As between the cotton-spinning industry of In- the population of these two metropolitan counties
lia, on the one hand, for example, and that of Japan made up 35£ per cent of the total population of the
on the other, the present disadvantage of which the !State; in 1890 their percentage was slightly over 39 ;
spinners of Bombay now complain in their competi­ in the State enumeration of 1892 it had risen to 42^.

IMF ( HH0N1CLR

64 ft
r tc td fflj la « w » s i# g r m io

su ch

as t h is w ill s o o n b r in g

t o N o w Y o r k a n d B r o o k ly n a m a jo r it y
tio n

of

t h e S t a t e , a n d w i t h it a

T h i s w o u ld p r e s e n t
new

fir e -e n g in e c o m p a n y o r o f a c o u n t y fa ir th a n t o th e r e ­

p o p u la ­

in c o r p o r a tio n o f

A lb a n y

t h e m e a s u r e p a ssed th e A s s e m b ly b y a

th e

m a jo r it y a t

a p r o b l e m in

to A m e r ic a n S ta te p o lit ie s .

of

so m e re sp e cts q u ite
N o o th e r S ta te e x c e p t

T h is

e p is o d e ,

m easu re

th e

by th e

p re s e n t p r o v id e d

in

N ew Y o rk .

had

y e t h a p p e n e d , in a n y A m e r ic a n c o m m o n - j c o n c e r n e d ;

w e a lt h , th a t

th e

one

m u n ic ip a lity

t V I n .; m a k e s t h i s c o m i n g

s itu a tio n

s till

e s t i n g is t h e f a c t t h a t d u r i n g s e v e r a l

m ore in te r ­

g e n e r a tio n s , a n d

p a r t i c u l a r l y w it h in t h e la s t fe w y e a r s , t h e g o v e r n m e n t

c ity

on

th e

c o n tin e n t,

v o te

of

m erce,

by

m en ts
been
th e

of

say,

w as

opposed

not

v ir tu a l

o p in io n

of

th e

c itie s

th e

p ress,

by

th e

C ham ber

th e

B ar

A s s o c ia t io n ,

and

by

n e a r ly

a ll

a d m in is t r a tio n .

p u b lic ly

r a is e d

its

a

im m e d ia te ly

th e

th e

N ot

in

C o m m is s io n e r s w h o

by

of

e x is t in g

d ep a rt­

except

d re w th e c h a r te r; a n d

C o m m is s io n e r s w h o

b e e n n o t o r io u s . T h e p a s s a g e o f t h e lla in e s e x c is e la w , f o r
I n s t a n c e , in a f o r m d e c i d e d l y o b j e c t i o n a b l e t o t h e m u n i ­

m en t,

c i p a l i t y . w a s tv n o t e w o r t h y c a s e i n p o i n t .

m ost

tw o

o p e n ly d e fe n d e d it , o n e

oth ers

d is s e n te d

m u n ic ip a l

fo r m a lly fr o m

p r o v is io n s .

T h is

a n d B r o o k ly n le g is la t o r s

and

in

w h ic h

th e “ co u n try

Y ork

C ity

read ers,

in flu e n c e " h a s d is tin c tly

fa ile d

of

p rop er

m u n ic ip a lity

c h ie fly a ffe c te d .

fa c t o f c o n s o lid a tio n o f

T h a t th e

th e se s e a b o a rd

m ere

m u n ic ip a litie s

n t o a s in g le g r e a te r c it y w o u ld p u t a n e n d t o m e d d lin g
o f t h is s o r t is n o t in t h e le a s t t o h e e x p e c t e d .
p r o v id in g fo r

a p p o in tm e n t

of

T h e b ill

th e G rea ter N e w

Y ork

or

fr o m

have

been

re tu rn e d

c o n s id e r a tio n .
K in g s

and

Y et

N ew

th e

56

c o u n tie s

in f a v o r

of

had

e r n o r — d ra w n u p in th e v e r y fa c e o f

th e

th e

g r a c e t o v o t e in

p re fe re n ce

of

th e

c ity

v o te rs

t h e c it y r e p r e s e n ta tiv e s in a m a jo r i t y ?

f o r us.

T h is

p a r tic u la r

m e a s u r e , i t is t r u e ,

has been

advan ce o f

c o n s id e r a t io n ; p r e s u m a b ly b e c a u s e

of

fo r m a l

th e p u b lic

in d ig n a tio n

th e

a tte m p t to

fo r

b e h a lf o f th e ir

a ctu a l

im p r o v e m e n t

c o u ld

t h e r e b e wjjBjh

A q u e s tio n o f t b is k in d m u s t, h o w e v e r , b e

a p p a r e n tly s u p p r e s s e d in

e x c it e d b y

v o te d

w as s o p la in , w h a t

m ig h t

store

21

I f t h is w a s p o s s ib le in a m e a s u r e w h e r e

o u tlo o k

in

o n ly

a m e n d m e n t , w h ile

s a g e b y t h e L e g i s l a t u r e — is s u f f i c i e n t i n d i c a t i o n o f w h a t
r e m a in

m ore

A s s e m b ly m e n

o f th e 2 0 S e n a to rs fr o m th e sa m e m u n ic ip a litie s o n ly a
p a ltr y e ig h t
c o n s titu e n ts .

s till

Y ork

th e m ea su re; a n d

to its a u th o rs fo r

of

Y ork

a g a in s t t h e m e a s u r e o r

P o lic e C o m m is s io n , n o t b y t h e M a y o r b u t h v t h e G o v ­
th e c h a r t e r ’s p a s ­

oppose

h a d t h e y d o n e s o it w o u ld in a ll p r o b a b ilit y h a v e e it h e r

i n t e r f e r e d t o w e ig h d o w n a t A l b a n y b o t h w is h a n d v o t e
th e

to

its

m ig h t

h a v e b e e n im a g in e d as an in s p ir a t io n t o t h e N e w

N ew

ad­

e x p e r i­

w h ic h

to

of

o f th e

d o z e n o t h e r in s t a n c e s o f t h e k i n d in r e c e n t l e g i s l a t i o n
w ill r e a d ily o c c u r

had

th a t

th ree

w h ile

E sta te

v o ic e

m it t e d t h e w h o le c o n t r iv a n c e t o b e a d o u b t f u l

im p o r ta n t

C om ­

R eal

s in g le -

b e h a lf

The

u n a n im it y

o f N o r Y o r k C ity b y th e c o u n t r y m a jo r it y at A lb a n y h a s

T h e r e are a

118 to

e n c o u r a g in g .

w ith

by

E xch an ge,

'c o n t r o l l e d t h e L e g is la t u r e .

we

been

in te llig e n t

I t h its n e v e r

r e p r e s e n ta tiv e s o f

g re a te st

o b l i t e r a t e d o n t h e fin a l r o l l - c a l l .

p e r 4*i. n t o i t h e S t a t e 's e n t i r e p o p u l a t i o n , p r e s e n t s e v e n
at

th e

2 8 ; a n d t h e S e n a te b y 3 9 t o 9 , p a r ty lin e s b e in g a lm o s t

M a r y l a n d , w h i re B a l t i m o r e c o n t a i n s s o m e t h i n g l i k e 4 2 j

phenom enon

| fVoL. LXVV,

n o t b y a s in g le
The

case

in s ta n c e ,

o f th e

but

by

gen eral

d e c id e d ,

e x p e r ie n c e .

G r e a t e r N e w Y o r k c h a r t e r w ill l o n g

c r ip p le c it y h o m e r u le a t t h e v e r y m o m e n t w h e n a p r e ­

s ta n d o u t a s a n a n o m a ly in p u b lic h is to r y .

te n s e o f s u c h r u le w as b e in g c o n fe r r e d b y fo r m a l c h a r ­

m ix tu r e o f p e rv e r s e n e s s a n d in fa t u a t io n se e m s t o h a v e

ter.

p ossessed

B u t t he d e m o n s tr a tio n , a lt h o u g h

t h is t im e i n e f ­

a ll

p a r tie s

to

t ip s

u n d e r ta k in g ,

fe c t iv e . fo r e s h a d o w s w h a t t h e c it y s till u n q u e s tio n a b ly

C o m m is s io n e r s w h o c o n t r iv e d t h e

h a s b e f o r e it.

H ad

m ent dow n

p u s h e d in

L e g is la tu r e , th e r e

th e

th e

p o lic e b ill b e e n p ro p o s e d a n d
is

not

th e s lig h te s t

th e

to

th e

le g is la t iv e

A

stra n g e

fr o m

th e

e x tr a o r d in a r y d o c u ­

p a r t y le a d e r s w h o e n d o r s e d it , a n d

fo llo w e r s

who

h u m b ly

fo llo w e d

th e ir v o te .

th u s ia s tic s u p p o r t fr o m t h e “ c o u n t r y m e m b e r s ."

i n c r e a s e in o f f i c e s — a p r o s p e c t w h i c h t h e c h a r t e r , f r o m

H ow

fa r

th is s it u a t io n

w ill

be

a lte r e d

in e v ita b le G r e a te r N e w Y o r k m a jo r it y
in th e L e g is la tu r e — a c h a n g e
e ig h t

years

fr o m

n o w — is

q u ite

a ll

resp ects

e n c o u r a g in g .

m e a s u r e c o n s id e r e d
years ca m e u p fo r
b ill

to

adopt

th e

by

th e

tw o

N ew

occu r

e x p e r ie n c e is n o t
m ost

L e g is la tu r e

G rea ter

to

a n o p e n q u e s tio n .

The

d e lib e r a tio n

th e

a p p o r tio n e d

c e r ta in

p erh ap s

W>-! a r c b o u n d t o c o n f e s s t h a t r e c e n t
in

is

w hen

d u r in g

w eeks

Y ork

im p o r ta n t
m any

ago.

The

C o m m is s io n ’ s

c h a r t e r b a d b e e n fi r s t l a i d o p e n t o a “ p u b l i c b e a r i n g ”
w h ic h p r o v e d t o b e a d is a p p o in t m e n t ; f o r th e
w a s b r ie f, it w as g r a n t e d
th e

m ost

p art

g iv e n

h e a r in g

a t A lb a n y a lo n e , a n d w a s f o r

up

to

t h e p r e s e n ta tio n o f t h e ir

p u r p o s e s by th e C o m m is s io n e r s w h o d r e w th e b ill.
T u e s d a y o f la s t w e e k , M a r c h 2 3 , t h e
c a m e b e fo r e th e L e g is la t u r e .
h u r r ie d

d e b a t e in

each

of

ch a rter

m easu re

I t w a s a l l o t t e d o n e d a y ’s
th e

le g is la t iv e c h a m b e r s .

T i i - d e b a te - - if th e in te r ch a n g e o f

p o litic a l

r e c r i m i n a t i o n ;* c a n b e d i g n i f i e d b y s u c h a
m a t ti*r o f e m p t y f o r m .

On

“ The

s lu r s

and

title — w as a

speech es

m ade

h ere",

a

I n a ll p r o b a b i l i t y t h e p r o s p e c t

w flth

d o u b t th a t it w o u ld im m e d ia t e ly h a v e o b t a in e d a n e n ­

p r o fe s s io n a l

m akes

p o litic ia n ’s

i n v i t i n g — is

th e

p o in t

b a it

sh are o f th e a ctu a l s u p p o rt.
t io n

o f its e lf w a s

of

w h ic h

v ie w ,

T h e fa c t th a t c o n s o lid a ­

by

at

fa v o r

o f th e

of

b ill.

to

No

th e

th e

in t e r e s t s a r e lik e ly t o b e p la in .

and

p re­

c o n d itio n s

a ffe c tin g

c ity

m a jo r it y o f s u c h m e a s u r e s t h e c it y ’ s
I g n o r a n t o f t h e la r g e r

s ig n ific a n c e o f le g is la t io n a g o o d
a tors

p resen t

b lin d

su ch

w ill e x i s t in t h e c a s e o f o t h e r m e a s u r e s
In

th e

le a s t o n e o f th e m u n ic i­

p a litie s c o n c e r n e d , a d d e d n o d o u b t

m a tte rs.

c e r t a in ly

s e n tim e n t a lly e n d o r s e d , a n d t h a t it

c h a r te r ’s p r e p a r a tio n ,

in

huge

has d ra w n a g o o d

h a d b e e n a c tu a lly v o te d fo r in a d v a n c e

s u m p tio n

of a

p a rt o f o u r c ity se n ­

a s s e m b ly m e n m a y b e ;

venal m an y o f

th em

are su p p o s e d to be.
B u t t h e y a re a p p a r e n tly n e it h e r
v e n a l as a c o n s id e r a b le p o r t io n o f
th e

ru ral

d is tr ic ts , a n d

p o s it io n , a ll

o th er

so ig n o r a n t

n o r so

th e le g is la t o r s

fr o m

th e y h a v e , m o re o v e r, th e

th in g s

b e in g

e q u a l, t o

a t te n tio n t o t h e g e n u in e in te r e s ts o f th e c itie s .
i n last, w e e k ’ s c h a r t e r v o t e , a l t h o u g h , a s w e
t ic e d , m o s t o f

w i s h e s o f t h e i r c o n s t i t u e n t s , i t is a t l e a s t t o b e o b s e r v e d

m e th a t th e S e n a te p r a c -

t ie u H v k n o w s n o t h i n g a b o u t t h i s c h a r t e r .
it o n f a i t h , a n d if s e e m s l o m e t h a t i t
in

sin* d a r k

T am ta k in g

is

a

great

le a p

N o t o n ly w as n o a m e n d m e n t a d o p t e d

b u t n o n e w as e v e n a llo w e d
t r o v e r s y b e t te r s u ite d to th e

d is c u s s io n .

A fte r

o r g a n iz a tio n

of

a

con ­

a v illa g e

t h a t a ll b u t s e v e n o f

le g is la t o r s

a cted

E ven

have n o­

*m id o n e o f t h e S e n a t o r s w h o v o t e d o n t h a t d a y w i t h t h e
c o n v in c e d

c ity

som e

m a jo r it y ,

“ have

th e

d is ­

pay

a g a in s t

th e

t h e n e g a tiv e v o te s in t h e A s s e m ­

b l y . a n d a ll b u t o n e i n t h e S e n a t e , w e r e c a s t b y r e p r e ­
s e n ta tiv e s
o u ts id e

fr o m

th e

N ew Y ork

m e tr o p o lit a n

u n a n im o u s f o r

th e

ch a rter.

and

B r o o k ly n .

T h e v o te

r e p r e s e n ta tiv e s w as
In fa c t

no

a lm o s t

d e fe r e n c e t o

APRIL 3, 1897. J

THE CHKOmCLE.

647

the genuine interests of the cities exists among the the deliberate enemy of the largest interests on which
“ country members” . For many years, «nil especially the welfare of the State is based. It is possible that
since New York City, in despair over the methods of the simple progress of city population will eventually
its Board of Aldermen, threw back the powers of the solve the problem which has hitherto quite baffled
Board upon the Legislature, New York City has been workers for honest government in New York.
marked out as a continuous field of plunder by the
rural legislator. It is the pretty uniform experience of C O T T O N C O N S U M P T I O N A N D
O V E R L A N D
all corporations of consequence centred in this city
M O V E M E N T T O A P R I L 1.
that the mischievous influence of Albany legislation
We bring down to-day our usual monthly statements
largely consists in the introduction of foolish and need­
of overland movement, port receipts, etc., to the close
less measures, which are a menace to the city interests,
of March, and they now cover the first seven months of
and which are thus introduced only in order to bring
the cotton crop season. The marketing of cotton,
the corporations to terms for the abandoment of such
during the month has been slightly greater than in
legislation. In this sort of offense the “ country mem­
March of 1896 but considerably less than in 1895.
bers” have uniformly taken the lead; at times almost
There has come into sight during the month 378,297
the only problem of a session has been how the inter­
bales, against 357,525 bales in March of 1896 and 595,ests thus gratuitously menaced could “ head off” the
249 bales in 1895. The aggregate amount of the crop
grasping proclivities of the rural Senators and Assem­
of 1896-97 now visible is 7,821,304 bales. Spinners’
blymen.
takings have been greater during the month than in
Correction of this tendency among the country
1896, and their total takings for the season to date
members seems to be impracticable. The city mem­
exceed those for the same period of last year by 32,804
bers are, however, far more amenable to a concerted
bales; contrasted with 1894-95, however, there is a
uprising of the voters against this species of oppres­
heavy decline.
sion. “ Machine rule ” will undoubtedly continue in
O V E R L A N D M OVEM ENT TO A P R I L 1.
the Greater New York politics as well as in the politics
The g r o s s movement overland in March has been
of country districts; but on the other hand the very
86,569 bales, which compares with 95,790 bales last
concentration of this city machinery will make pos­
year and 170,338 bales in 1895. The excess over a
sible its overturn by citizens with the interests of
year ago in the total for the season to date now reaches
Brooklyn and New York at heart. “ In ten years” ,
106,840 bales, but contrasted with 1894—95 the decline
said Senator Malby in last week’s final debate on the
is 510,384 bales. The n e t for the month has been
charter bill, “ Greater New York will contain over oneheavier than in 1896, reaching 62,277 bales, against
half the population of the State and will gain control
61,712 bales. In 1895 the net reached 83,995 bales.
of the Legislature, despite the Constitution. I do not
The aggregate for the seven months records an inbelieve that the interests of the State will be served by
crease over last year of 52,821 bales, but the decrease
the transference of legislative power to one city. The
compared with two years ago is 312,414 bales.
men of that city will control the State conventions of
O V E R L A N D F R O M SE P T E M B E R 1 T O A P R I L 1.
both political parties and will name our candidates for
1896-97. 1895-96. 1894-95..
State offices” . As the view of a country member, this
is entirely intelligible. But whether Mr. Malby’s view {.mount shipped—
470.241
Via 8t. L ouis............................................. . 467,311
819,505
is right or not, on the broader question of the welfare
246,113 216,03*
305,817
Via C a ir o ..................................................
of the larger interests of the State, is another question.
15,08'
15,701
Via P a r k e r ................................................
30,971
2,584
72
Via E vansville..........................................
3 ,5 6 0
Senator Pavey, speaking as a New York member,
122,094
118,551
Via Louisville ..........................................
156,454
answered this argument by pointing out the Citizens’
126,233
83,036 151,357
Via C in c in n a ti.........................................
100,586
70,206 121,301
Via other routes.......................................
Union now already organizing for control of New
8,792
8,111
9,215
Shipped to m ills, not lnoluded a b ov e..
York politics by public-spirited and intelligent citizens.
Total ^man o v erla n d ........................ 1,088,796 981,956 1,598,180
If such an organization were to achieve its purposes,
the increase of the Greater New York representation Jeduct shipments 286,844
224.412 431,885
Overland to New York, Boston, & o ...
to a majority at Albany would be an unquestionable
2,995
3,79127,502
Between Interior t o w n s ......................
3,84f
4,441
2,8 25
Galveston, Inland and looal m ills........
benefit both to city and to State. The legislative gov­
14,347
14,124
22,342
New Orleans,Inland and local m ills..
ernment could certainly not be worse than it is to-day . Mobile, inland and local m ills..............
5,809
4,381
14,860
1,301
1,451
2,190
Savannah, Inland and looal mlUs..........
it might be vastly bettered.
10,20-4
7,715
Charleston, Inland and looal m ills___
We believe, in short, that the organization and
1.586
935
1,104
N. Carol’s ports, Inland and looal mills,
Vlrgi, la ports, Inland and looal m ills..
6,361
6,868
6,671
maintenance of such a combination of honest citizens
322,619 268,600 519,58 0
has possibilities of future usefulness, which are ren­
Total to be deduoted........................
dered vastly brighter by the approach of a metropoli­
Leaving total net overland*............. 766,177 713,356 1,078,591
tan majority at Albany. Except from the narrowest * This total Includes shipm ents to Canada bY rail, whioh sine©
September 1 In 1896 amounted to 59,011 bales; in 1895-96 were.
view of politics and from the venal legislator’s stand­ 54,998 oalea and in 1894-95 were 79,528 balea.
point, we cannot see how the change can harm the
R E C E IPTS, E X P O R T S A N D S P IN N E R S ’ T A K IN G S .
rural constituencies. Certainly a majority of this sort
The net receipts at the ports for the month have
could have no motive or inducement to assail the in­ been heavier than in the like period of 1896, but much
terests of the country districts such as the present smaller than in 1895, reaching a total of 329,328 bales,,
country majority seems to have to attack the cities. It against 321,313 bales in March last year and 532,254
may at least be positively affirmed that no other ave­ bales in 1895. The aggregate for the seven months is
nue of escape is open from our present legislative evils. greatly in excess of that of last year. The exports to
Such a consummation would be an ample substitute foreign ports for the month have been of less volume
for the imagined division of New York into two separ­ than in either of the two preceding years, the ship­
ate States. Experience has proved that a “ country ments for the month this year being only 432,968 bales,
majority” in the Legislature is not only incapable of against 475,832 bales in 1896 and 527,789 bales in 1895.
governing the State intelligently, but takes its seat as For the season to date the total exports are 1,325,046

THE CHRONICLE.

H 48
b a le * g r e a t e r t h a n i n 1 8 9 5 - 9 6 . b u t e x h i b i t
id le s f r o m

o f 5 3 1 ,1 4 4

a fa llin g o ff

1 8 9 4 -9 5

Total m arketed, a* a b ov e___bales.
Interior stock* In ex cess o f Sept. 1.

Bmmpnl EX POUTS SINCE SEPT, 1. JS9B T O m mmms fr&m
Staetine* |
j , isps , r*
Mar. 81
Sept,
1 1 Great
C on n Sept,
1,
France,
JofcoL
Apr, l . i m
lt05,

UHL

708.800

€ itfA r, IWrASS im a m
Orimnm
t .o s M t t M & M & f
80010

Irit.SOS
29,7 y7

m j$ v
im M i

i v M*

...
apttBJnrwsi* Ae

2B3«S&$
70,017
l00,iStl
756
300,221
101,033
47,089
Ot.770
45 71''
3B.$>7

Bit1.800
Port 8 o , * i . * e
fftlmtOKum *

b ktss

$5.1
*«rfo ik . -«
K*wi>’tN m r».A .
* • » V or,
B ow es,
B a ltim o re . .

ih,?m
47.800
155,030
57 291
85,80*

ftaa i ' m ' m S e
T ot*- lotoMT... a,siK ),ir

Total In sig h t.................... bales

180,632

745001
134,740
50,722
4?.2R8
88 408
78.3SP
68,847
95.431

370,370

140,654
0,427
201,002
211.340
74.422

5,MH>

..... .
......
15,341
......
. *»A*-

ar i.ta i 1,135,572
20.708
20,703
510,03d 1,644,078
158,230
14,492
85,124
5,102
338.231 ■101,885
98,371
9*803
181.711 260,050
68,817
104.803 200,284

71,740
3,768
245,552
21,523

I82.VS0
9,02'
.446 0 7
213 107
135,7 J8
9.1-10
40,151

18 880

P0/-8S
200
158,008

14,157
7,007

54.690
45
48,577

**.686

46179
7.801
29,931

242,578
DA 0
13,0(9
5,075

874
;
- . . . . . . . 2.725,005, 012.703 1,775.072 5,113 0~O

732,175

4,708.211 1.812,935

429,390 1,516,28 rl 3 788,034

612.152

T««UM 1*94 5 ...

7.250,407 2,880,9.8

691,155*2,073.7H 5.044,824

909,508

fa c ts

d is c lo s e d

by

th e

th e

8,850,088
259,000

7,821,304

6,380,567

9,109,088

t h e p r e s e n t y e a r is 1 ,4 4 0 ,7 3 7 b a l e s m o r e t h a n in 1 8 3 5 - 6

A s i t w ill in t e r e s t th e
in t o

s ig h t , e a c h

m ou th

p r e v io u s y e a rs, w e

read er to

see w h a t

has c o m e

o f th e sea son d u r in g

th is a n d

h a v e p r e p a r e d th e fo llo w in g , w h ic h

• sh ow s t h e m o v e m e n t f o r t h e l a s t f o u r s e a s o n s .
Month*.

1896-97

1895-96.

1894-95

Septem ber. ___
Oatober.............
N ovem ber..........
Deoem ber...........

1.222.287
1,891,562
1,684,21(.
1,349,705
680,513
4 64,730
3 "8.297

542,394
1 722 172
1,321.09’
1,336,030
617/W 4
48'J,475
35” ,58ft

603,708
2,1 !«,< 30
2,11-7,167
1 ,971,988
9-»l,289
5R3,f>62
59 6 ,2 )9

51 1,273
1.637,555
1,704,608
1,013,603
750,991
358.497
287.113

7,821,101

6,3-0.567
781.*-00

9.109,0*8
783,678

6,863.640
663,571

7,] 62.473

9,892,766

7,527.211

February..............
Total 7 months.
Balance season
Total crop

1893-94

W E IG H T OF B A LE S .
fo r e g o in g sta te ­

m e n t s . w e s h a ll f i n d t h a t t h e p o r t i o n o f t h e c r o p w h ic h
lia s r e a c h e d a m a r k e t t h r o u g h

1894-95

6,104,5«5
276,000

a n d 1 , 2 8 7 , 7 8 4 le s s t h a n in 1 8 9 4 - 5 .

CiHrsas Britain exports include to the Channel,
th e

1895-96

7,078.301
143,000

12 5*7

0 !*f W M . . .

U s in g

1896-97

T h is in d ic a t e s th a t th e m o v e m e n t u p t o A p r il 1 o f

fumt.

j Britain*

tpm & w

------

V ol. LXIV.

ou tp orts

la n d ;, a n d t h e S o u t h e r n c o n s u m p t i o n , s i n c e

and over­
S e p te m b e r

T o fu r n is h a m o re e x a c t m ea su re o f

th e r e c e ip ts u p

t o M a r c h 31 w e g iv e b e lo w o u r u s u a l ta b le o f th e w e ig h t
o f b a le s .

W e g iv e fo r c o m p a r is o n

t h e fig u r e s f o r

th e

sa m e t im e in t h e tw o p r e v io u s y e a rs.

1, t h is y e a r a n d t h e t w o p r e v io u s y e a r s is a s f o l l o w s :
-

Sam e
Sam e
S e v e n m o n th s e n d i n g M a r , 31, 1897 p e r i* d in p e r i ’ d *■»<

1 8 9 4 -9 5

1 8 9 5 -9 6

1 8 9 6 -9 7 .

1895-96 1894-95.

R eceipt* a t the p o rts to A p r . I . . .bales. 6 ,2 9 9 ,1 2 7 4 ,7 9 8 ,2 1 1 7 ,2 5 0 ,4 9 7
7 6 6 ,1 7 7
7 1 3 ,3 5 6 1,<-78,591
Net sM p m en tsoverlan d d u rin g sa m e tim e

N u m ber o f
B a le s .

total r e c e ip t s ................................... bales. 7 ,0 6 5 ,3 0 4 5 .5 1 1 ,5 6 7 8 .3 2 9 ,0 8 8
593,000 1

613,OOo

^ »uth«'n<wn8nm!>fcfon s in c e S ep tem ber I

5 2 1 ,0 ' 0

7,678,304 6 ,1 0 ,5 6 7 8 ,8 5 0 .0 8 8

total Co A p ril 1 . . ........................ b a les.

T h e a m o u n t o f c o tto n m a rk e te d

s in c e

S e p tem b er 1

in 1 8 9 6 - 9 7 is t h u s s e e n t o b e 1 , 5 7 3 . 7 3 7 b a l e s m o r e t h a n
in 18 ! 15- 9(5 a n d 1 ,1 7 1 ,7 8 4 b a l e s b e l o w t h e t o t a l f o r 1 8 9 4 .
95.

T o d e te r m in e th e p o r t io n w h ic h h a s g o u e i n t o t h e

To ta l............ 7,678,304
Including Flo rid a

3,860,102,500

i t w ill b e

7,678,304

w ith
220,734

h a le

Tot. takings by spinners since Septem ber 1 ,1 8 9 6 ...................
ta k en by Southern spinners.........................................................

a

2,030.098
613,000
1,417.098
1,384,294
32.804

s p in n e r s h a d u p

t o M a r c h 31 t a k e n 1 .4 1 7 .0 5 )8 h a l e s , a n i n c r e a s e o v e r t h e
f o r r o k jm m l i n jr p e r i o d o f 1 8 0 8 - 9 6
d c r -r e a .-c

fr o m

th e

sam e

tim e

of
of

3 2 ,8 0 4 b a l e s a n d a
1 8 9 4 -9 5

o f 4 5 8 ,9 1 0

A MO f N'T OF CHOP NOW

•M,!* a l r e a d y

been

p r o ’s io n s h c m o i h .
t o la * o f

as

th e

;b e

w ith

m a rk e te d

th is

year

c r o p w h ic h w a s in s i g h t
p r e v io u s y e a r s.

in t e r io r
of

'o w n -

th e

and

th e

tw o

A n a d d i t i o n a l f a c t o f i n t e r e s t is t h e

to th e a b o v e

b e g in n in g

th e
d-

season .

on A p r il 1 c o m ­

532-97
512-85
508-00
491-46
489-55
491-48
494-57
499-50

502-73

501-43

507 19

th e m o v e m e n t u p to M a rch

p e r io d

of

la s t

year, th e

a v e r a g e th is

fo r

th e

s a m e t im e in

1 8 9 5 -9 8

a n d 5 0 7 -1 9 lb s . in

1 8 9 4 -9 5 .
TH E

D R Y GOODS T R A D E

IN

M ARCH.

T h e m o s t n o tic e a b le fe a tu r e o f th e h o m e d e m a n d fo r

staple cottons during the past month has been its strict
a d h e r e n c e in a g e n e r a l w a y t o its p r e v io u s c o n s e r v a t iv e
ch a ra cter.

B u y e r s h a v e o c c a s io n a lly b e e n

a little g r e a te r fr e e d o m
le a d in g

m ake

of

t ic k s ,

s a c r ific e o f v a lu e

th a t

e x p e r im e n t.

a

m ov em en ts

As
of

te m p te d

but

fe w

it

has

s e lle r s

r e s u lt

th ere

im p o r ta n c e ,

been

have
have

and

been

w ith

d u r in g th e m o n th .

W it h in th e p a st

fa ir

goods

o f brow n

p o r t , a n d th ere, a r e s till

in

p r ic e ,

but

have

good

P r in te d

tw o

of

th e

g in g h a m s h a v e, on th e o th e r

lib e r a l

som ew h a

w eeks

som e

b een record ed fo r ex ­

export

in q u ir ie s

fa b r ic s

m ore

a d v a n ce d fu lly 5 p e r c e n t d u r in g

th e

v ery fe w

fa ir ly

have

as

F a n c ie s h a v e n o t c h a n g e d
som e

at su ch a

v en tu red

s u p p lie s p r ic e s h a v e o n t h e a v e r a g e d e c lin e d

s a le s

to

o f a c t i o n , a s in t h e i n s t a n c e o f

s ta p le
th e

hand,

in
a

th e
r u le

m a te r ia lly
lin e s

m on th .

reach ed

have
S ta p le

about

as

lo w a le v e l a s t h e y h a v e e v e r s o l d a t , w h ils t- d r e s s - s t y le ,

by

g i n g h a m s h a v e r u l e d d u l l o f s a le , w i t h f e w e x c e p t i o n s .
In th e g e n e ra l ru n o f co a rs e c o lo r e d c o tto n s th e m a r k e t

stock
In

52403
509-63
499-00
483-36
482-29
482-16
438-91
500 00

r e m a in in g a t t h a t d a te

W e reach

stock

t a in t h e r e s u l t f o r t h r e e y . a r s
lo w s :

sam e

s o ld q u it e w e ll.

IN S IG H T .

I " t h e f o r e g o i n g w e h a v e t h e n u m b e r o f b a l e s w h ic h

pared

th e

m a r k e t a t th e c lo s e .

b a le s ,

a d d in g

th a t

528 44
508-22
504 0 >
487-05
485 00
484-05
489-22
498*40

y e a r b e i n g 5 0 2 '7 3 l b s . p e r h a l e , a g a i n s t 50 1 *43 l b s . p e r

Total supply to March 3 1 ,18D 7............................................ 7,905,038
t hi* supply there has Deeu exported
to foreign porta since Sept. 1,1396..5,113,630
Le.sfOrelim oowoij Included .b a le s .
37,504 5,076,176
>t m Oanftdadtreet from W e s t ................. ........
59,0 11
B t-n t North and South................. ..
.. . .
2,378
Stock on hand end o f m onth (Mur. 31,18971—
Northern port*....... ........................ 275,782
>tSouthern p o r t a .........................
4 5 6 ,1 1 3 - 732,175
■-Northern Interior m arkets....................... ......
5,200 5,874,940

T h - a b o v e i n d i c a t e s t h a t .N o r t h e r n

n o tic e d

A vera ge
W eight.

3 1 s h o w s a d e c r e a s e in t h e a v e r a g e w e i g h t a s c o m p a r e d

o

Iner -age in takings bv Northern spinner* this year..ba les

P ou n d s.

744,307,740
984,238,672
138,389,328
498,702,184
217,096,185
332,975,091
114,048,434
830,344,863

h a v e p re p a re d th e fo llo w in g :

Taken by Northern spinners lnee Septem ber 1, 1 3 9 6 .........
Taken »y Northern spinners same time In 1895-96.................

A vera g e A vera ge
W e ig h t. W e ig h t

Te x a s ................ 1,408,500
Louisiana.......... 1,936,639
274,582
A labam a.........
(Georgia*........... 1,023,924
447,621
tontli Carolina.
687,894
Virginia.............
233,123
North Carolina.
Te inessee, & o . . 1,666,021

h a n d s o f N o r th e r n s p in n e r s d u r in g t h e s a m e p e r io d w e

T otal receipts to M a r o ll3 1 ,1897, as a b o vt............... , D « i «
Btookon hand eom m eueem entof year (Sept. 1. 1896'
At Northern p o rts................................
70,990
At Southern p o r t a ............................
151.688
222,878
at Northern Interior m arkets........................... „
4,056

W e ig h t in

h e ld

t h is
on

th a t p o in t

b y th em at

th e

m an n er w e ascer­

A p r il 1 t o b e as f o l ­

has b een u n ifo r m ly d u ll
o f p r ic e s o f c o t t o n a n d
c o t t o n g o o d s in

and
a

fe w

fe a tu r e le s s .
le a d in g

T h e cou rse

d e s c r ip tio n s o f

M a r c h , 1 8 9 7 a n d 1 8 9 6 , is i n d i c a t e d

th e s u b jo in e d ta b le :

in

THE CHRONICLE.

APRIL 3 l “97..
1897.
o
<

1..
2..
3..
4..
ft..
6..
7..
8
9..
10..
11..
12..
13..
14..
15..
16..
17.
18..
19..
20..
21..
22..
23..
24..
25..
26..
27..
28..
29..
30..
31..

Ij

Cotf’ ti t-’rint- Sheet. Lanlow
ing
ings, caster
mid cloths, stand- •tingdliiuj 64 r64 Ord hams
2 5*
7
2%
615,S 25*
613,6 2*16
291
613,6 29ie
6 ’ *6 7s
6 79
6 78
6 7h
6 78

2» ik
29,6
29la
29,6
29,6

6 7k
6 78
6 78
6 7a
7
7

29lfr
29,6
29,
29,
29,6

7
*9lfi
29'a
6 :fv
6
29 6
6 °16 29Q
715,
59,

5 >4
ft *4
ft *4
54
ft1*
54
...a ,.
%
■*8
fts
5>e
5%
. 8 ..
5 Lg
5 1*
ftU.
.5%
5is
..s .. .
5*8
ft1*
54
*8
ft1^

4-2
4
4 *2
44
4

1896

S'th'n! Oott’n Print- Sheet- Lanlow
ing
ings, caster
3-yc£.
mid- cloths, stand- 9 mg
afleetham*
ings. dling. 64^64 ard
4 7g
4 '8
4 78
4 7s
4 78
4 78

74
74
7

.3...
ft
5*4
5
54
5
•■>*4
dM
5
ft1* _5
o
O1*

4 78
4 7S
4 7e
4 •
•*78
4 78

2-62
2*02
2 o2
-•6 i
2- 2
12-62

5
ft
5
5
ft
5

44
4 7S
4 78
4 78
4 78

5
ft
ft
5
5
5

4 7h
•t
4%
4 7q
4 78
4 7s

5
5
5
5
5
5

4 7S
4 7S
47h
4 7e
4 7S
4 ’8

43,
44i
4%

rt.
738
73s
- 3«
7°16
751,

44
4^
4^
4S
44

4
4»i
43,
43,
4%

fts
4^
4^
4 ^2
1 *2
4 *2

75i«
7^
79s
75s
7y(«
79,6

4*
4 4,
43i
4 3i
4*»

' 4
j 7 Il6
! 774

54
ft1*
ft1*
ft1*
•5*4
5n
...3 ,..
2-62 5 4
2*50 54*
2 - jO
i* V» ft1*
2 *:>o 5 4
5 1*
...8.
■*
2-50
2*50 ft1*
2*50 ft1*
2*50 ft1*
2*50 fts
2*50 ft1*
...S ...
2*50 5 4
2 50 5 -,

The cash holdings o f the Government as the items stood
March 31 we take from the Treasury statement o f that
date. The net cash balance given below is the same as de­
ducted above in reaching the net debt.
CASH IN THE TREASURY.

2 75
2* - o
2-75
2* 5
2-dy
2 tio

7°16
79,6

44
44
4.
4^
4S

.3 ..
ft *8
PL*
5 4.

S'th'n
3-yd.
sheetmgs.

649

2918
7 1*
5
4 7s
4S
« ! 5i« 29 8
4^
5
6i»ie
4 VS
7“ ,6
OF* i‘Uo above prioed are—For coctoa, low m iddling uylandei a i New
Torn; for prin tin if cloths, manufacturers’ net prices; for saear.in<s at <1
ginghams, agents’ orioes, whicn are subject to an average dls ;ou'it or 5
per cent, a ccept when o h«rw i«e srated; Southern sheetings net.

G old—C o in ........................................................................ $151,988,508 89
B a rs ............................... ........................................ 37.254,294 15—$189,242,803
Silver— D ollars.................................................................. 3P3 211.322 -mi
Subsidiary c o m ............................................................. 15,9> ..428 29
B a r s ................... ........................................................... 107.832; i6 l 5 8 - 517.018.211
Paper—U n ited States n o t e s ........................................ 98. >*7.376 f-0
Treasury n otes o f 1890............................................... 20.886.47<> 00
1.483,3-0 00
G old ce rtiflca te s...........................................................
Silver certiflcates......................................................... 32,535 351 00
010.000 00
Certiflcates o f d e p o sit ( A c t Ju n e 8, 1872)...........
N ational bank n o te s .................................................... 11,374.937 90— 151.057,504
Other—B onds, in terest and co u p o n s paid, aw ait­
40,812 05
ing reim bu rsem en t......................................................
1,227 "3 > 59
S.inor c o in and fra ctio n a l c u r r e n c y ........................
12,638.047 37
D eposits in n a t ’l bank depositaries—g e n ’1 acct...
3,955.349 2 5 - 17.891,239
D isbursing officers’ b a la n ce s......................................
A ggregate

04
87

90

20

$875,239,759 07

DEMAND LIABILITIES.
G old ce rtifica te s.............................................................. $38,939,689 00
Silver certiflcates
..........................
376.561,504 00
Certiflcates o f d e p o sit a ct J u n e 8 ,1872.................
75.070/>n0 00
Treasury n otes o f 1890..............................
.............. 117.131,280 00—1607.702,473 00
Fund fo r redem p. o f u n cu rren t n a t’ l bank n o te s
8,320.5-9 88
O utstanding ch ecks and d ra fts ........................
3.19 >.834 SI
D isbursing officers’ b a la n ce s...................................... 27,273.0^2 57
6.707.66262—45,491,67983
A gency accou n ts, & c ....... ...........................................
G old reserve .................................... *100,00»,0'>rt 00
Net cash b a la n ce ..... ......................... 122 015,006 19................................ 222,045.606 1
A g g re g a te .................................................................................................... $875,239,759 07
N et cash balance in th e T reasu ry February 28. 1897......................... 212,837,255 6 3
N et cash balance in t h e T reasu ry .March 3 l, 1897.............................. 222.045,606 19
Increase du rin g th e m onth.

$9 208.350 56

TEE RETROACTIVE TARIFF AMENDMENT.
The retroactive amendment fixing April 1 as the date on
which the Tariff bill shall go into effect reads as follows:
The following statement of the public debt of th-.
Section 27. That all articles mentioned in the several
United States on March 31, 1897, is made up from schedules of this Act which shall be imported into the
States between the first day of April 1897 and the
official figures issued on that day. Lower down w- United
date of the passage of this Act. and which were not pur­
give an interesting exhibit of the bonds issued in aic chased and directed by the owner to be shipped for import
of the Pacific Rtilroads, and the Treasury cash hold into the United States by any citizen thereof prior
to April 1 1897, shall bear the same duties to
ings, all of the same date.
be charged upon similar articles in this A ct, and
such
duties are hereby made a lien upon such articles,
INTEREST-BEARING DEBT MARCH 31, 1897.
wherever and in whatsoever hands found, except in the
Interest
Amount
— --Amount outstanding.-------hands of persons holding them for final consumption, and
Title of Loxn—
payable.
issued.
Registered.
Coupon.
Total.
$
$
$
$
having no purpose to sell or part with the same, or any part
f
250,000,000
25,364.500
..................
25,364,50..
or product of the same, and except also in the hands of per­
4s. Funded loan, 19D7..Q.— J.
740,900,950 490,132,900 69,206,700 659.639,0Ou sons shown to have obtained such articles without notice of
Is, Refund’g eertiflc’s.Q.— J.
40,012,750
....................
45.150
100.000.D00 60.173,850 3i.8i«,l50 100,000,000 the provisions o f the A c t ; and any person, not a final con­
5s, Loan of 1904 ...... Q.— F.
Is. Loan of 1925..........Q.— F.
162,315.400 101.115,750 5S,U*9,650
63,315.100
sumer or holder without notice, having obtained an interest
Total, excluding Pae.
------------------------------------ ----------RR Bonds........ ................. 1,293,229,100 680,087,000 167.232.5U0 Mi7.361.950 in or possession o f any such article or articles so subject to
duty, except a common carrier or warehouseman, shall be
N o t e - T h e den om in ation s o f bon d s are as f o ll o w s . T w o per ce n ts (registered
on ly ), $50, $100, 1500, $1,000, *5.000, «19,000. #20,000. $50,»WO; 4s o f lw07, re g is­ liable for the payment of such duties thereon, and the
tered. $50. $100. $5*X>, $1.0 Ml, $5,00>), $10,000. $ ’0.0 K). $50. i00, co u p o n . $50, $100.
*5uo, $1.00 »: Is, refu n d in g certiflcates, $10; 5s o f 1901, registered. $50. $100. same may be recovered with interest, but without pen­
$1,000, $10,000. cou p o n . »5u, *L01. U . ood ; 4s o f 1925, registered , $50. $100, $500. alty, in an action or suit by the United States against such
$1,000. $5,000, *10,000, cou p o n , $50, $100, $500, $1,000.
person or persons in any district or circuit court thereof.
D E B T ON W H IC H IN T E R E S T H A S C E A S E D SIN CE M A T U R IT Y .
And all persons liable under this A ct for such duty, or any
Mch. 31.
F u n ded Loan o f 1891, m atured Septem ber 2,1 8 9 1 .. $152.66(MM)
$162,350 00 part thereof in respect o f any shipment, cargo or lot
Old d e b t m atured prior and subsequ ent to Jan . 1,'61.1,205.560 26
1,203,410 2rf of any article or articles may be joined in the same ac­
D eb t on w hich in terest ha£ ce a s e d ........................$1,353,210 26
$1,355,760 26 tion for recovery without regard to mutuality or nature of
interests or defenses, and such joint or several judgments
„ .. _
D E B T B E A R IN G NO IN T E R E S T .
U nited States n otes................................................................................................ $346,681,016 00 or decrees may be rendered therein, including the enforce­
Old dem and n otes...................................................................................................
54.34760 ment of any such lien as justice and equity may require. In
N ational Bank n otes —R ed em p tion a c c o u n t ........................................
23.662,492 00
every such case the process of the court in the district where
F ractional cu rren cy .............................................................. $15,285,175 14
Less am ou n t estim ated as lost or d e s tr o y e d .............. 8,375,934 00
the action or suit is brought, and where one defendant re­
---------------------6,889,241 14
sides and is served, shall run to and may be served on any
A g greg a te o f d e b t bearing no in te re s t.......................... ................ ,$:i77,287,096 64
defendant in any other district.
RECAPITULATION.
It is hereby made the duty o f the Secretary of the Treas­
Mch. 31.
ury to prescribe and enforce suitable regulations to carry
Feb. 27.
Increase or
_
1897.
1897.
Decrease.
out the provisions of this section, including the retention in
Classification o f Debt
$
$
*
Interest bearing d e b t......... 847,384.950 00
the bonded warehouses of the United States or any other
847,364,950 00
D ebt, in terest cea sed ...........
1,355.760 26
l,:s 8.210 26
D ec. 2.450 00 place where such goods are deposited of samples of such
D ebt bearing n o In terest... 377,287,096 64
lnc.572.547 50
376,714.519 »4
goods until required for evidence on any such trial.
T otal gross d e b t ............ 1,226,007,806 mo 1,225.437,709 40
Inc. *570/197 50
Provided that the lien imposed by this A ct on goods im ­
Cash balan ce in T r e a s u r y .. 222,045,603 19
Inc.9.208.350 50
212,837.255 63
ported between April 1 and the enactment of this A ct shall
T ota l n et debt..
.1,003,932 2 0 ) 71 I.0l2.600.4o3 77
Dec.8,638,253 06
be only to the amount of excess duties imposed b y the A ct
The foregoing figures show a gross debt on March 31 over those in the present law. |
1897 (interest-bearing and non interest-bearing) of $1,32?,F a il u r e s f o r F ir s t Q u a r t e r <>f 1897. —The following
007,800 91 and a net deb . (gross debt less net cash in tbe
figures, prepared fr o m Messrs. R . G. Dun & Co.'s statement,
Treasury) of $1,008,962,200 71.
show the number of failures in the United States and Canada
Pacific Railroad bonds are never included in the official during the quarter ending Mrrch 31.1897. For purposes of
total of tbe Government debt. The status of these obligations comparison like figures for the corresponding period of the
to-day is as below. Methods of book-keeping make the of­ preceding year are given :
,— Quarter ending— , .— Quarter ending—>
ficial record unintelligible to most readers, and hence we
March 31, 1MW7.
March 81. 1896.
No. of Amount of
No. o f Amount o f
have brought together in our compilation the leading fact
Staten and Territories.'
Failures. Liabilities. Failures. Liabilities.
relating to the subject.
D E B T S T A T E M E N T M A R C H 31, 1897.

New England States................ 461
Middle States.................
977
m a tu rity.— > Southern States......................... 733
D ue Jan.
Southwestern
States................
320
1,1899.
$
Central S ta te s ........................... 704
9,197.000
Western States.......................... 390
3,i67,b(j6 Pacido States and Territories. 348

BONDS ISSUED IN AID OF PACIFIC RAILROADS.
'— Roa-ls issued and— %
accum ulated int.
Principal. Interest.
o f Railw ay.
$
$
Central P acific .. .25,885,120 35.493.402
K ansas P a cific... . 6.303.000 6.69V 0D
U nion Pacific....... .27,236,512 30,525.1*18
Cent. Br. U. P . .. . 1,600.000 2,158,429
W estern Pacific. . 1,970.560 3,255,036
S iou x City & Pac . 1,628.320 2,52-?,94 L

Name

Total...

...64,623,512

80,647,626

,— Bonds paid, or date o f
Already
D ue Jan.
paid.
1,1898.

$

6.074.000
4.880.000
8160.000
1,280.000
320,000

10,614.120
1,423,000
15,919,512
320.000

20,714,000

29,904,952

1,650,560

1,628,320
14,004,660

Aggregate United States....... 3,942
Dominion of C a n a d a ...............

679

$1,535,388
17,419,334
8,169,457
2,918,385
9.934,660
3,196,309
1,784,458

450
1,016
697
402
693
422
351

*6,237,093
18,956,868
10.153,191
5,831,596
10,076,556
3,372,569
2,748,262

$19,007,911 4,031 $57,425,135
$5,195,706

742

$5,767,567

THE CHRONICLE.

650

Oleurluifs by ftslefranli.—Sales ol Stocks, Bonds, &c.—
Stock Esc!) an are Clearing-House Transactions.—The subjoiiK'-i statement, coraring the clearings for the current week.
usually appears on the Brat page of the C h r o n ic l e , but
ou H.voUist of the length of the other tables is crowded out
once a month. The figures are received by telegraph from
the It ading cities, it will b *observed that as compared with
the corresponding week of 1898 there is aa increase in the aggr- gate of 11*0 per cent. So far as the individual cities are
concerned we And that New York exhibits a decline of 3*5
percent, and the losses at other points are: Boston 1*4 per
cent; Chicago 11*1 per cent ; St. Louis 1*4 per cent and
New Oilcans 9*8 per cent. The gain at Philadelphia is 14*2
per ■•tu and at Baltimore 89*4 per cent. The occurrence of
Good Friday in the week of last year accounts in part for the
gaiss lecordtd.
Week Ending April 3.

HUM08.13*08.
Return* by ‘UWjmph,

1897.

1896.

P e r Cent.

N e * York...............................
..... ..............
Philadelphia ..........................
Baltimore . . . . . . . . . - . . . . . . . . . . .
Chicago .............................. S t, Xjouis . . . . .................. ............
N e . Orleans.......................

$■461*370,843
79.743,633
49,829,437
12,294,596
69,100,697
18,110,629
6,082,851

$473,301,265
80,901,735
43,625,640
8,819,894
77,707,177
18,373,537
6,7*15,640

-2 -S
—1*4
14-2
+39*4
“ 11*1
“ 14
“ 9-8

Seren cities, 5 days .......
Otber ci ies» 5 d a y s....— ...

5690,532,686
124,798,624

$709,474,888
127,437,263

1*8
-2*0

Tot U nil cities, 5 days ..
A ll oiUes, 1 day......................

$825,331,310
163,463,207

$336,912,151
124,169,144

-1*9
+357

Total all cities for week..

$989,794,517

$961,081,295

+3 0

Another table, our usual monthly detailed statement o f
transactions on the various New York Exchanges, has also
been crowded off of the first page. The results for the three
months of the current year, are, however, given below and
for purposes of comparison the figures for the correspond­
ing period of 1896 are also presented.
Three Months, 1397.
Bmertytlon. Par Value
or Quantity

Actual
Value*

7hrce Months, 1896.
Averse Par Value
Price, or Quantity

Actual
Value.

14,325,2 4*
fi,?G8,7 20
110166330 0 j 705,446,631 65*8 j $1250,8-41,250 1809,2 iO,47 L 02*4
$107,811,120 $73/07,008 68*4
R R . bonds.. fltJV>5MttO |S7,8 i 2,0-*9 77*7
$5,737,222 1£2*0
$12,068,200
$15,058,024 110*1
|4,7' 1,000
Q otY bond.
$303,199 50*1
$44s,230 00*7
4647,605
S t a t e bond*
$198,110 192*6
1102,800
$337,105 173*7
S a n k stock s
n m
T o t a l . .. . $11941*0900 $799,537,287 00*9
7,084/00 $249,447,536 $35-21
C o t t o n , .bis.
C r a in , bush. •230.3S8.602 $179,381,725 7 5 ^ c.
T o ta l vs.! or .

$1418,487,900 $898,710,967 634
11,418,000 $412,237,191 $38-74
2-JO,435,002 $133,116,50? 06 7-10C

$1,228)28547

$1474124005

The transactions of the Stock Exchange Clearing-House
from March 22 down to and including Friday, April 2, also
the aggregates for January, February and March in 1897
and 1S96 are given in tabular form below.
ST O C K H X O S A N Q B O M A S U M H O U S E T R A N S A C T IO N S .

t * !)• !-

Shares, both sides.— .
Cleared. Total Value.
$

J a n u a r y ,. 15.2W.500
987.700.000
F ebru ary. 17,00-1,900 1 , 008 ,flOO.OOO
M a r c h .... 10.075,000 1,006,800.000
S t n o i .. .

44,978.400 3.102,900.000

1 8 »7 -

J a n o a r jr ... 12.000.700
778.inw.000
F eb ru ary.. 10.223,600
709,500,000
M a r c h ....... 18,111.000 1,270.700,000
« » (« .„

40,385,300

2,768,200,000

^■Shares, both sides —.
Cleared. Total Value.
1 897—

V ar.
"
**
“
**

22 . 958,800
23 -. 630,600
2 4 .. 847,200
25 1,829, tOO
2 6 .. 3.19,500

8

65,310,000
50,200,000
57,900,000
01,200,000
23,900,000

1 s t . « k . .4,109,200 218,500,000
W U a„tyr3.K 0,400 203,100,000
Alar.2 Si 1,232,200 82,200,000
<* SO . 1,331,200 85,700,000
” 3 1 .. 943,600 62,900,000
A pr. 1 .. Si'.si.OOO 68,40 ,000
** 2 .. 773,000 57,000,000

--------- Balances, one side-------- . Sheen
Shares. Value Shares. Cash. Cleared
$
$
1.611.200
1.905.500
1.631.500

5,182.200

88.400,000 1,445,000
100,300,000 1,364,400
91,000,000 1,458,800

285,700,000

6.876
0,861
8,S U

4,282,800

19,918

1.425.500
1.096.500
1,916,700

71.1100.000 1.068,900
60,500,000
879,400
118,200,000 1,650,200

5.000
6.248
7,196

4,438.700

247,600.000 3.007,600

18,348

,------ Balances, one side.----- , sheds
Shares. Value Shares. Cash. Cleared
$
$
105,100
83,600
88,900
129,000
30,400

6,001,000
4,503,000
5,300,000
7.300,000
3,100,000

70,000
50,900
102,300
102,109
25,300

423.900 25,200 ,000 351,200
326.900 18,300,000 269,500
127,600 7,100,000 122,300
130.100 7,100,000 115,100
100,500 5.800,000 78,900
92,500 5,300,00;/ 99,900
65,210
1,000,000 63,500

338
303
325
342
257
1,565
1,484
343
347
322
332
315

Tot. wg. ..*,239.800 836,200,060 521,900 29,300,000 479, 7« 0 1,659
v t> i».:j-r2,.;i.5,ooo 179,200,000 299,900

16,900,000

239,800

1,254

r>i« spicks cleared now are American Cotton Oil common,
v;, .: ran Spirit; common and preferred, American Sugar
-oi nun on. American Tobacco common, Atchison common
and preferred, Baltimore & Ohio, Central of N. J., Cheaap-.-ake & Ohio. Chicago Burlington & Quincy, C. C. C. & St.
J,; , < in ».*•• O.i- (.'hi ago Milwaukee & St. Paul common,
I .hi-agi» A* North Western common, Chicago Rock Island &
Ascitic, < iiK.itp. Sf. Paul Minneapolis & Omaha common. 1>etaware & Hudson, Delaware Lackawanna & Wost••rti. i.M, , (reoeral Ele< trie. Lake Shore & Michigan South­
ern, L-,iii iviiiv A* Nashville. Manhattan, Missouri Kansas &
Texas preferred, Missouri Pacific, National Lead common,
New i ork C- ntral. New \ ork Ontario & Western, N e w York
S’-isquel* itmH it- SVi'et-rn preferred, Northern Pacific pre­
ferred, Pa<dtic Mail, Reading, Southern Railway common &
preferred, Tennessee Coal & Iron, Texas & Pacific, Union '

[Von. LX1V,

Pacific, United States Leather common and preferred, United
States Rubber common, Wabash common and preferred,
Western Union and Wheeling & Lake Erie common,

I$lottetaviil<£ommevclal^iiQXislx3$n^ s
.Co n d o n , S a t u r d a y ,

March 20th, 1897,

[F rom ou r ow n correspondent.]

There is again this week a very anxious feeling all over
Europe. The statements at the beginning of the week of the
French Premier and Finance Minister have not availed to re­
store confidence, although the French Chamber sanctioned
the policy of the Ministry by a great majority.
Apparently Greece is resolved to defy the Powers, ami to
stake all her fortunes upon a desperate throw. Her finances
are in utter disorder. Even in peace lime her revenue is
smaller than her expenditure. She is absolutely without
credit, and yet she is calling out her reserves and has decided,
it would seem, to invade Macedonia, If Turkey were not re"
strained by the Powers it is certain that the Greek forces
would be cut to pieces, I q any casp, the mobiliz ition must
make the financial position almost desperate. But the people
are so excited that they seem resolved to risk everything. If
fighting once begins, it is feared that Servia and Bulgaria
may strike in, and then nobody knows what may happen.
Unfortunately the Powers consume b o much time in arriving
at a decision that events are always ahead of them, and it is
quite possible, therefore, that hostilities may break out before
they are prepared to act.
The n ews from South Africa, too, is very unfavorable. W e
seem to have got into a deadlock, out of which it will be
difficult to escape without usiDg force. Whether President
Kriiger finds himself helpless in the face of the excitement
of his people, or whether he is merely pandering to popular
passions for the moment to secure his re-election, or whether
he has been carried away by the general fervor, nobody
knows. But it is curious that while last year lie showed so
much calm self-possession and statesmanship, now be not only
refuses to make the least concession to the great industry
which supplies his Government with its revenue, but he has
allowed the Volksraad to pass several measures which are in­
fractions of the London Convention. The news from India
continues very bad. The plague is not abating much, the
famine is growing more acute, and the numbers oa the relief
works are increasing every day. From Australia, however,
some better intelligence comes. There have been heavy
rains in Queensland, and it is hoped that New South Wales
aud Victoria will now share in them. The telegrams respect­
ing the new American tariff bill have caused some disappoint­
ment. A moderate measure was expected, but if the tele­
grams received are right, it looks as if the new duties will be
practically as high aB those of the McKinley bill. Lastly,
the heavy and almost continuous rains at home here are
causing grave anxieties respecting our farmers. It is said
that the mortality amongst lambs is very great and that there
is very serious difficulty in sowing the spring crops.
Owing to all this, markets have been dull and depressed
during the week. The heaviest selling has come from Paris,
but there has been a good deal o f unloading here likewise,
American securities, British railway stocks, South American
securities and even Colonial securities are all lower. The
selling is mainly speculative. Last week the bears bought
back, as they then thought that the Greek question would be
quickly settled. Now they are of opinion that it will last for
some time, and they are raiding markets once more. Their
action is all the more effective because investors are literally
doing nothing,
The money market is easy and henceforward it is reason­
ably probable that the supply will largely increase and rates
go down. From now till the eDd of March the payments out
of the exchequer will he enormous. The interest on the na­
tional debt will be distributed in the first week ot April, and
the receipts of gold from Australia and South Africa are ex ­
ceptionally large. Australian exports are exceedingly lim­
ited because of the short wool clip and the failure of the crops.
Consequently Australia has to ship much more gold than
usual to cover all its charges in London. For example, a
single ship, expected to arrive on Monday at Plymouth, is
bringing over half a million sterling from Sydney, Melbourne
and Adelaide, besides other amounts from the Phillippines
and India, The imports into South Africa largely exceed the

A p b i l 3, 18 97.]

THE CHRONK LE,

f

exports in value, and therefore it is believed, in consequence
of the check given to mining, that very large additional sums
will have to be shipped from Sou'h Africa likewise.
The silver market is depressed, chiefly through fear that
Japan will sell the metal in preparation for its adoption of
the gold standard. As yet, however, no sales have begun,
and the best informed do not think that they will amount to
much. In India the stringency in the money market con­
tinues. Indeed, the expenditure upon famine relief is so
great and is likely to continue so long, that more or less of
stringency may be expected for some months. At the same
time the India Council is not selling very freely. It offered
for tender on Wednesday 40 lacs of rupees, but the applica­
tions were for very little more than three-quarters of that
amount, and nearly about three-quarters of what was applied
for was allotted, as the Council is holding out for Is. 31. per
rupee. Tbe belief is that the drain upon the Government
treasuries consequent upon the relief works is so great that
the Council is not in a position to sell very freely.
The Indian Budget was published in Calcutta yesterday
morning. According to it the expenditure upon relief works
and the suspensions of revenue for the year ending with this
month will amount to about 6J4 crores of lupees, or, say
roughly, 4 millions sterling. Next year the cost of the famine
is estimated at 5 crores. For the two years the direct and in.
direct cost will thus be about 11% crores, or say, roughly, 1 %
millions sterling. The drawings of the India Council are to
be cut down to 13 millions sterling, whereas it was estimated
that in tbe year just drawing to a close they would amount to
16J£ millions sterling.
'the “ Railway News ” of London reports the traffic receipts
for the week ending March 14 of 53 railways of the United
Kingdom which make weekly returns, at £1,508.711, against
£1,449 (594 in the corresponding week of last year, an increase
ot £59,017. For the eleven weeks of the current half-year re­
ceipts wer £16,244,083, an increase of £ln5.443.
Tne rates for money nave been as follows :
Interest allowed
for deposits by

Open Market Hates.
e

Trade Bills.

Bank BUls.

DlSC't H 84

Stock At 7 to 14
Three Four
Six
5 Three Four j Six
ca Months Months Months Months Months Months Banks. Call. Days
Feb. 19 3
M 26 3
Mar. 5 3
12 3
** 19 3

2
2

2
1U 1MI3-18
*
1 13-16 1 1H
2
19-10% 19-10% 19-16
IK
IK
1 IK
1K®Z
IK
IK
IK
IK
IK

2H

2H

1%
IK
IK
IK
1%

IK
IK

IK
IK

651'

The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols •
&c., compared with the last three years :
1894.
18^6
1895.
March 18.
March 20. March 21.
£
£
£
£
25.899,170 25,018,615 24.679,400 24526.01
Circulation ......................... .
12.025,523
Public deposits.......................... 16,815.294 19,175,393 12,155, l5i
Other deposits ... ................... 33,510.872 46,115,333 29,9 J9.098 28*575,554
8,933,583
Government securities ...... ... 14.337,8 G 15,157.333 12,469,438
Other securities .................... 23.911,575 27.600 665 18,48’,433 27,198,010
deserve of notes and oMn........ 30,581.375 4 1.89 <,339 29,48 1,452 22 05,70
Coln& bullion, both departm’ts 39,630,545 49,114,944 37.332.852 30,631,716
56 3-16
55
69 13-16
02%
Crop, reserve to liabilities., p. o.
2
3
2
2
B *nk rate .
.percent.
99 11-16
109%
104 7-16
Consols, 2M per c e n t ...............
111%
31%d.
28 ll-16d. ♦ Z7K<3.
28 9-16d
Sliver
....................................
Clearinar-Honse returns............ 143,937,000 165,116,000 157.333,000 145,202,00018P7

* March 21.

The following shows the imports of oereal produce into
the United Kingdom during the first twenty-eight weeks of
the season compared with previous seasons:
IMPORTS.

1896-7.
1895-0.
Im portsofw heat,ow t.37,785,230 3 5 ,5 9 3 ,'6 0
B arley............................15,030.720 14,979.010
Oats.................................10,030.600
7.393 070
1.639,120
Peas............................... 2,014,310
Seans............................ 1,805,510
2.017,743
Indian corn...................33,690.930 25.711.790
F lou r............................. 12.711,380 11.894,260

Mar,
18.

8.
11
77
76
\6
76
76
76

d.
9*2
10
0%
1%
5K
3k
3%

Mar
11.
8.
77
77
76
76
76
76
78

8ILVEB.
London Standard.

d.
9%! Bar silver, fln e...oz.
1 0 ‘4; Bar silver, contain’ g
do 5 Frs. Fold oz.
OK
do 4 grs. gold oz.
IK
do 3 ft s. gold.oz.
5K
3 k Cake sliver ....o z .
3 k M exican dollars, oz.

Mar.
18.

1896-7.
1895-0.
1894-5.
1893-4.
Wheat Imported, ow t.37.785.230 35 593.360 36/166.096 3 t ,4 2 3 /3 0
Im ports of dour........1 2 .7 tl.3 8 9 l l .8 9 t .2 6 ) 10.980.110 10.375.021
8ales o f hom e-grow n.15,019.250
9,059,165 12.807.200 13.873.790
T ota l...................... 65.545.880 56,548,785 59,853,706
1896-7.
1895-6.
1894-5.
Aver.prioe wheat,week.27s. l i d .
25s. 5d.
19s. 9d.
Average price, season ..2 9s. 3d.
25s. Id .
19s. 9d.

55,674,641
1893-4.
24s. 3 d .
26s. 4 d .

The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom :
This week.
W heat..............q r e ...1.770.000
F lo u r ,e q n a lto q rs ... 260,000
Maize......... ....q r e . .. 770,000
E n g lis h

Last week.
1,885,000
255.090
865.000

F in a n c i a l

1896.
2,358.000
333.000
769.000

M a r k e ts -P e r

1895.
3,212.000
4 1,000
281,000

C a b le .

The daily closing quotations for securities, &c., at London
are reported by cable as follows for the week ending Apr. 3 :
Sat.

L ondon .

IK
1*

Mar.
11.

1893-4.
31,425.830
18 933.230
7.482.720
1,511,712
3 050.8 31
17.981.385
10.375,021

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

Sliver, per ounce....... d. 2 8 k
IK
2K
IK
Consols., new, 23* p.cts. l i n k s
2
2*
IK
For account ............ . 112
2
1H
1%
IK
Fr’oh rentes (in Paris) fr. 102-25
Atch. Top. & Santa
11
» t ia-ia®tK
Do
do
pref. 2 IK
Messrs. Pixley & Abell write as follows under date of Canadian Paoiflo.......... 473*
Chesapeake & Ohio....... 1 7 k
March 18:
Chic. Milw. <fe St. Paul
75%
G old—Tlie gold demand remains unaltered, and all arrivals con­ Denv. A Rio Gr., p re f.. 39%
tinue to lie shtppe l eastward. There have been signs o f Contiueutal Erie, c o m m o n ...............
137a
lnrinlry, but up to the present no business has resulted. The Bank has
1st p referred .............. 32
received *11 3,00 0, chiefly from Australia. Arrivals: Kiver Plate, Illinois Central............
96%
*14 ,000 ; Capetown, *15 8,00 0; Australia, *188,000; W e t Indies,
171%
*21 ,000 ; total, *38 1,00 0
Shipments: Bom bay, *45,500; .1spall, Louisville & Nashville.
48%
£2 51,500; Calcutta. £18,000; total, £315,000.
Mexican Central, 4s ... 61*K
Silver—When we last wrote the market had steadily declined to Mo. Kan. & T ex., com .. 12%
29 3 - 1fid. sin ce then daily reductions have caused a further fall to N. Y. Cent’l & Hudson 101%
28 9-lSd. A m erica has been a free seller from day to day, giving the N. Y. Ontario
West’ ti 14%
m arket but little chance o f steadying. To day the outlook seems Norfolk »fe West’ n, pref 27%
rather better and further fall m ay be averted. The Indian price to­ No. Pac. p ref., tr. reots.
3578
day Is 78 Rs. per 100 Totalis. Arrivals: N ew York, * 154,000; West Pennsylvania................ 53
k
Indies, *37 .000 ; Australia, *14 ,000 ; total, £20'*,000. Shipments: Pkila. <fe Read., per sh .. 11%
Bom bay, £84.800; Penang, *5,7 00; Oaloutta, *32 ,500 ; total, *103,000. South’n Railway, com.
8
k
M exican D ollars—In the absence o f business the only quotation is
Preferred..................... 27%
the m elting value o f 27 k d .
Union Paoiflo.................
6*4
Wabash, preferred___
13k
The quotations for bullion are reported as follows:
G o ld .
London Standard.

1894-5.
36.060 096
17 .0H .1 54
7,330.2 <7
1,375.839
2,534.332
14.114,314
10.980.410

Mon.
2fl=a
H I ‘ ha
111%
02*22%
10%
20=8
47%
16%
73%
38k
13%
29
94K
170
46%
69%
1178
99
14=8
26%
35
5<=8
10%
83a
26%
6
13 K

Tues.

Wed.

2S7i8
285,8
1111% 111%
m is . l l l ’i
102 l o U2-17K
11
10=8
20%
1 « 78
48%
48*4
16%
16%
74%
75%
3 ik
38K
13%
13=8
29%
30%
95
94%
169
168K
46%
47=8
69%
69%
12
12
100%
99K
137g
IS 7,
26q
26%
35%
35
53%
53%
10%
1078
8k
8k
26%
27%
6
5 78
13%
13k

Thurs.

Fri.

287,a 287,6
m s , , 1111=16
111' =16 1111=18
102 5 02*571$
11
In k
20 Lq
2n7e
48 %
48k
16%
16%
75%
747e
39
3«%
13
13K
30%
3 K
94**
94k
1«*%
47
47 K
69%
12
12
10<)% 101%
13%
I" k
26%
26%
36
35 K
S . <3
10%
1 « 78
8%
8k
26 %
27k
578
5 7e
13%
13 m

© m u m e r c ta l a n d iP T scella n e cm s

d.
d.
288,8 293ia

UOVERNMENT REVENUE AND EXPENDITURES.— Through th ©
courtesy of the Secretary of the Treasury, we are enabled to
2 9 ',, 2 !)il,e place before our readers to-day the details of Government
2 8 7S 29 K
receipts and disbursements for the month of March. From
2811,e 2Pf>ts
previous returns we obtain the figures for previous months,
3 0 ’ 3,# 31%
273i 2 8 3 , «
and in that manner complete the statement for the nine
The Bank rate of discount and open market rates at the m o n th s of the fiscal years 1898-97 and 1895 96
r e c e i p t s (OOOS o m it t e d ) .
chief Continental cities have been as follows:
Bar gold, fine___ oz.
Bar Fold, partln«.oz.
Spanish, o ld .........»z.
N ew................... oz.
U. 8. Fold c o iij...o z ,
Germ’ n Foldooln.oz.
French Fold ooln.oz.

1890-97.

Mar. 12.
Rates of
Interest at
Paris................
Berlin.............
Hamburg......
Franxfort___
Amsterdam....
Brussels-------Vienna... .
8t. Petersburg.
Madrid____
Copenhagen..

Bank
Rate.
2
<5%
■H

4
0
5
4

Open
Bank
Market Rate.
IK
ax
m
»K
2
2X
b>4
4
4

2
3K
»K
3K
3K
3
4
0
b
4

Open
Market

iS""
2K
2K
3
z,k
ZK
3K
E«
3K
4

Bank
Rate

Open
Market

Bank
Rate.

Open
Market

2
3%
3K
3K
3K
3
4
0
5
4

IK
2H
2%
2K
2H
2%
an
6K
3k
4

2
3K
3K
3K
SK
8
4
0

IK
ZK
2%
ZK
2K
ZK
35*

5

4
4

4

5K

Cus­
toms.
July....
h a s ..
Sept....
Oct. . . .
Nov__
Dec__
Jan......
Feb ..
March..

12,167
12.830
11,374
11,251
9.030
10,779
11.00
11.587
22.83

1895-90

N.BkInter' Red'v Misc’i Total.
Rev'u< Fund Free*
t
14 303
11,901
11,079
13,411
13,J05
13,199
10.025
lO.^SS
11,9,6

*
370
23
60
89
95»
1.222
3.000
3,201
1,749

%
2.560
1,271
1.5.11
2,538
2.175
1,880
2.710
2.150
1,458

t
29 399
25,5824.650
27,853
20,108
27,< 8*»
27,411
27 820
37.

Cus­
toms.
*
14.077
15.030
14,664
14,347
11,155
12,109
17.375
13.90
13,84 4

N.Bk
inter»l Red'p. disc’1 Total.
Rev’ue Fund Frees
t
12,898
12.172
12 200
13,701
13." 4“
12/61
11.170
10 807
11,630

%
1*2
850
47f
487
010
302
43 4
992
341

*
2.094
1.142
030
1.610
1.491
1.309
2.39 L
1.340
1,101

$
29.251
29.309
28.020
30,208
20,690
20,051
31,375
27 051
20,382

9 mos. 118,333 111.101 10,083 I8.2BI 253,40'? 120,9110 110.404 1 230 13,240 254,849

I HE GHRONTCLH.
*>r*noR*ii'nnf*T'» .rt«w-n emitted.*
1395-90.
Of#*.
ffeSTfc.
Ik y ,.,
4 a e...

■n* /vni'iM Total.
, Fund
•
i
%
iS.tbi 0,7Id 783:
2.03W: 4M
4S3
4dv
tu rn
10.3*0 5,033 Id*
IA1T0 3,107, 8^8
11,431
l*i? hv)
30.512 6.705 885:
13.206 Z,\KS I.IOn
12,167 « ? i I,t7a

t
UMt
w .«n

Nov__
..

n.m>*
ttjm i
12,630
March.. 11.&S»

t
42,871
30,134
27.C30
34,423
34,149
Si.toa
31,150
29.004
i.i.389

Qrffl*
nary

N, BkTn- Hi*Vp lata*
Pm •ions. tertsU Fund.

I
18.W5
18,437
18.316
17,434
18,806
14.125
15.423
12.161
nMi

t
12,755
12,302
10,708
11,891
12,235
11,887
0,937
12,317
11,710

t
1
*
7,808
974 39,692
1,849 047 ss.aas
936 25.255
w*
599 35.093
5,168
2,090 1.09S* 28,208
322 919 86,738
0,985 1,110 34,494
8,868 1,103 27,853
9,2 28,186
«72

101 8MI 4$.0ddi 7.123718k 8Ut' 1.37,1411105,252 26.967 8.307^77,60..

9 «*«*. 141

HvsfDS H e l d b y N a t i o n a l B a n k s . — Cfte

following interest­
ing statement, furnished hy the Comptroller of the Currency,
shows the amount of each class o f bonds held against national
bank circulation and to secure public moneys in national bank
depositaries on 111 rrh 3! :
ti. e. Hmutt B eta Ma>'. 31, 1897, i« Seen,
ji*eierv»£«m o f fiwyiJt

Public Deposits
tn B anks.

Onrreaoy 6s, Pao. R R ...
6 p e rern ts, 1 8 9 4 ............
4 per ci?.» funded 1907..
4 per cents, 1895 --------2 p er cts., funded 1 8 9 1 ..

$375,000
535,000
11,745,000
2.400.000
1.033.000

Total............................

$16,088,000

B on k
Circulation.
$8,586,000
15,506,350
151,222,500
35,890,550
22,487,950

Total Beh
$8,961,000
16,041,350
162,967,500
38,290,550
23,520,950

$233,693,950 $249,781,450

|vol ljsiv .

—Messrs. Lawson, W-ideofield & Co. announce rhat they
will send free on applicati m their book ou “ O mriers,” 32
pages, giving reasons fur advising the purelns? of Calumet &
Heels, Boston & M mtau i and Butte & Bistort stocks.
—Messrs. N. W. H irria & C i. will pay dividends on a
number of securities, a list of wnich will l>•found in another
column.
— Mr, Charles Waldo Haskins, of Messrs. Haskins & Sells.
30 Broad Stri et, was elected Prei-ideut of the New York
State Society of Certified Public Accountants a tth em eetitg
held on Tuesday evening last at the Waldorf.
— Messrs. Winslow, Lanier & Co. will pay dividends on a
number of securities, a list of which will be found in another
column.
—Messrs. Edward B. Smith & Co. and Charles D. Barney
& Co., of Philadelphia are offering for subscription S40O 000
first mortgage 6 p-r cent gold bonds of (he Consumers’ Brew
ing Company of Philadelphia, at 102),; per cent. The total
authorized issue is §1,900,000, o f which §200,000 is in the oomptoy's treasury. The company’s capital stock is, common $1,980,000; preferred §1,900,000. The Consumers’ Brewing Com­
pany is a consolidation of six existing brewpri s. having a
combined output of 220,000 barrels of beer. The property of
all six o f the breweries was acquired free of any lien or
charge, and is mortgaged as security for the bonds. The
earnings are certified by Messrs. Barrow, Wade, Gu brie &Co.,
accountants, to have been §401,047 for the year 1896 and to
have averaged$369,055 for the period of years covered by their
examination,
Auction Sales.—Among other securities the following, not
egularly dealt in at the Board, were recently sold at auction.
By Messrs. R. V . Harnett & C o.:

I m p o r t s a n d E x p o r t s f o r t h e W e e k ,— T h e following are
Shares.
|
S hares.
the imports at New York for the week ending for dry goods 100 The Wheeling
j 10 R eal Estate E xch an ge <fc
Ry. Co___ 41
Mar. 25 and for the week ending for general merchandise 100 Syracuse Rapid Transit;
A uctiou R oom , Lim ited 74
Ry. Co., p re fe rr e d ..___ 21 J
Mar. 26: also totals since the beginning of the first week in
By Messrs. Adrian EL Muller & Son:
January.
FOKKIGN IMPORTS A T NEW Y O R K .

1895.

1896.

1897.

F oru eek .

189 A

$4,024,356
9,640,472

$2,271,340
5.978,722

$2,576,121
6,881.354

88,250,062
T o t a l........
Since Jim, 1.
Dry g ood s....... ¥29,804,038
82,855,641
D en'I meTdise

#9,457,475

$13,664,828

$8,304,407

$37,335,271
81,802,332

$42,178,369
82,602,185

$23,285,015
80,155,973

D ry kooub.......
Gem’ l trier’dl bo

$1,525,410
6,778,997

Shares,
Shares.
3 N. Y. Prod. Ex. B a n k .... 120%
10 L aw yers’ Ti le Ins. C o .. 151
22 Im porters’ <& Traders1
4 Guaranty Trust Co . . . . 41 3%
Nat. B a n k ...________.
532
5 Nat. Bank o f C om m erce 2u 6%
10 Nat. Shoe & Leather
25 Franklin Trust C o.........210
B a n k ....... . ..................... 90*1-4
Bonds.
20 Blceeker St. <fc Fulton
Ferry R. R. Co.
3L% $3,000 Newburgh Siee. Ry.
30 Merchants’ Nat. B a n k ., 14014
Ci>. 1st Os, 1014, M& ST. .9 5 & iut.

City Railroad Securities—Brokers’ Quotations.

Total 12 weeks 8X12,659,679 $119,637,603 $124,780,554 $103,440,988
sk.i
Bid. As!
B id . A ek .
The imports of dry goods for one week later will be found
Atlam. Ave,, B’klyn—
D. D . H . B . <St Bat*,“-—8tk _
In our report of the dry goods trade.
170
Con. 5s, g.f 1931 ..AdtO §103 104 ! 1 s t, g o ld , 5 s, 1 9 3 a . j & r» ixl 115
The following is a statement of the exports (exclusive o f
Impt. 5s, g., 1934,.J&J
80 ! S c r ip ........... .............
§101
specie) from the port of New York to foreign ports for the Bieek. St.& Fu I.F.—St-k, 30% 32% 1E ig h th A ven no— Stock. . 330
1st inort., 7s, 1900. J<fcJ §107 If " i Scrip, 68. a 9 1 4 . , .
110 8
week ending March 29 and from January 1 to date :
Brooklyn Rapid Transit. 20%
42 d& G r. g t F e r .— Stock 335 350
EXPOR T# PROM NEW Y O R K FOR T H E W E E K .

1897.

1895.

1896

1894.

F or the w eek,.
Pre v. reported

$8,870,389
85,173,170

$7,839,927
84,308.377

*8,329,752
74.173.186

$7,314,547
80,597,534

T otal 12 weeks

$94,049,559

$92,148,304

$80,802,938

$87,912,081

g|The following table shows the exports and imports of specie
at the port of New York for the week ending Mar. 27 and
since January 1, 1897, and for the corresponding periods in
1896 and 189ft:
EXPORTS ASIJ IMPORTS OP SPECIE J T NEW t OBK,

Exports,
flo/d.

Week.

Week.

Since J a n .l.

$5,090

$15,270

629
(503
2,170
38,170

10
803,492
23,076
111,992
81,09 I

*48,671
37,972
286,851

$1,034,940
17,3 '8.241
11.938.953

$521,995
$800

426,540

Ron! 1. Am erica.......
A ll other oountrien.

6,000

Total 1897........
Total 1896........
Total 1895...

86.800
180.225
360,909

83,486
............
$1,042,021
12.777,210
29,034,240

Silmr.

Week.
Qrm% Britain .......

Imports,

Exports
Since Jcih . 1.

i1

I*

160
104

1

Has .Securities—Brokers’ Quotations.
©a s c o m p a n i e s .

B id.

B’klyn U ttton C4as—Stook. 96%
B o n d s .............. - ................ 110%
C entral............
Consumers* {Jersey City). xf o
Bonds......... ................ . 100%
Jersey City & Hoboken.. 180
Metropolitan—B onda..... 105
Mntual (N. Y. ................. 235
&f. f . <ft East Biv. 1st 5s.. 100
89
P re fe rr e d ..............
Common........ ........ . ... 53
Consol. 5»— ........

A sk. ;

Bid. Ask*

G A S C O M P A N IE S .

98% Peoples’ (Jersey Oltyk
...... . Williamsburg 1st 0a ..

170

102%

.......... F u lto n M u n ic ip a l O s ...

105
207
103
49
79

75 E q u ita b le ............... .
103 !| Bonds. 8s, If99
...... ' St, Paul.......... ........
Bonds, 5a..........; ....... .
245 I Standard pref
107% Com m on.....____
91 IWestern Qm
54

111
86
66
94

i B on ds, 5 s .. . . . . . . . .

99

“
210
105
52
80

112
88
68
95

(Since J a n .l.
$2,022

11.475

559
11,271
1,200
1,565

1,000
54,534
273,173
151,960
5,790

t 9 H .i;io !$ 1 0 ,741,108
917,049 12,501,343
452.144
7.198.452

$16,072
72.909
27.548

*488,479
648,677
308,801

A ll otllet countnii''^.
Total 1897........
T otal 1 8 0 0 ........
Tbtinl 1*105........

Week.
$1,477

$911,640 $10,251,879
131,000
5,750
41,004

4 2d St. M an. & 8t .N . A v.
40
1st m ort. 0 8 ,1910.M<feb §116
2d m ort. income S a .J& J
64
L e s .A v e .& P a v .F e rry 5s. 115% 115%
117
Metropolitan T r a c t io n .. 104% 3,05
108
N in th A ve n u e — S to c k ... 160 170
181
Second A ve nue— Stock
110 1135
le t m ort.,5a, 1909.
108%'110
X>ebentnre58,1909,J«&j 102 105
105
104
195 1 9 6
S ixth A ve n u e — S to c k ...
T h ir d A ve nue— S to c k . . . 161 S101%
112 ! 1st m ort., 6s, 1937. J & J 121% 122%
T w e n t y -T h ir d St.— « t ’k 300 |....... .
Deb. 5s, 1903............
10O 103
118
170
U n io n R v — Stock . . . . .
103
114
1st 5s, 1942 .............. .
0 4 % .........
115%
W oatchest’r. l8t,gu..5*- §39% 102
109

112

§ And accrued interest.

Imports.

Since Jem. 1.

B*way <fc7tii Ave.—Stock­ 195
is t mort.,5s, 1904.
§106
2d mort., 5s, 1914.J<fcJ §107
B'way 1st, 5s, gnar.1924 §115
2d58.int.as rent’1.1905 §104
Conaoi, 5b, 1943...J&I) 119
Brooklyn City—Stoc k.... 180
Consol. 5 b, 1941__JtfcJ
Bklyn. CrosfJt’nSs-iaOS* 111
Bkl’n.Q’ nsOo.tfeSnb.la? 101
Sklyn.C.&N’ wCwti—stk 160
58, 1939......................... §110
Central Croasfcown—Stk. 200
1st M., 08, 1922...M &N §112
Oen.Pk. N.<fcE.Riv.-Stk 164
ConaoL 7s, 190 2 ...Jt&D 112
Ooiumbna 9th Ave. 5p. 1 1 5 %
Ohriat’p’r&lOth 8t.-S tk , 152
1st inort-, 1 8 9 8 ... A <&0 101

Of the above Imports for the week in 1897 §474 were
American gold coin and 8980 American silver coin. Of the
exports during the same time §6,800 wore American gold
coin.
—The new puld fours of the City of Providence du •1927
are offered for sale bv Messrs, Blodget, M erritt & Co , o f
Boston.

iB a ilh im i

a n d

g t im

n c ia l.

Spencer Tr ask & Co. ,
B A N K E R S
2 7 Sc 3 9 F I N K S T H K K T ,

-

-

NEW

V D I t tv .

65 Stale Street, Albany.
I N V E S T M E N T
S E C U R I T I E S .
C x m ia n i U

kolay

M
30

F IN E

o

Mo f r a t.
f

f

a

A m s x a s o b r M. W r i t s . J r
t

&

W

bankers,
S T R E E T
INVESTMENT

h

i

t

e

N E W

SECURITIES.

,
1 1 0 W H.

THE CHRONICLE.

AtRIL 3, 18W7.J

W xt

Bo 3

Posted rates of leading bankers follow :

U a u k e r s ' (Saxette.

A pril 2.
D S ,

D 1 V IO E N
Per
Oent.

Nanus o f Company,
R a i l r o a d * (S t e a m ).
Chic. R. 1 & Pacific (q u a r.). . . . . .
Pitts. Fc.W\ i&Cfiic. soec gu.(qu.)
“
“
reg. £ii (qu.)
S tr e e t R a i l w a y s .
Cleveland (O.) Electric (q u ir .).
Coney Island & Brooklyn (quar.)
In ter-S ta te Oons’d ., Norm Attleboro, of ass. (quar.)
. .....
Louisville (Ky.) Ry., com.
....
North. Chioago (quar.)......... .......
B an k s.
Gallatin National . . . .......... —

When
Payable.

Boohs closed.
(Day8 inclusive.)

>%
1*

May
April
A oril
April

to M ay 3
1 Apr.
1
1 ----------to ------------6 ---------- t o ---------- —

%
1%

April
April

5 _______ t o ________
1 M cli.27 to Moh.31

*%

lk i April 1 Moll.31 t o ---------1>41 April 1 Mch.25 to Apr. 1
•
2% 5
3
April 15 April 7 to April 15

}

April 6 Apr. 1
1
April 15 Apr. 5
3
N. Y. Produce Exchange ...........
April
1 Mch. 27
Riverside (quar.).......... ................
1*9
F ir e In s u r a n c e .
April
10
April 3
3k!
North R iv e r ....................................
fl i g c e l l a u e o i i A .
Am erican T obacco, co m ....... —
pr. 16
“
“
pref. (quar.)
1 \ May 1 A-----------t
April 15
N. Y .
N. J. Telephone (quar.).
lk !
* Correction.
W A L L STREET, F R ID A Y . A P R IL 2,

to Apr. 5
to Apr. 15
to Mch. 31
to A pril 9
to May 12
o ------------P . JR.

The Money Market and Financial Situation.—Business in
Wall Street is recovering, but recovering slowly, from the
effect of the recent Supreme Court decision as to the legality
o f railroad traffic agreements. Railway securities generally
continued to decline until Monday, when the lowest range of
prices during the current movement in the stock market was
made, since which, with some hesitancy and irregularity, the
tendency has been upward. The decision which is expected
soon in the Joint Traffic Association case is looked for with
inti: rest, as it is generally thought that it will modify to
some extent the effect o f the former decision.
But for the moment the publio is taking very little in­
terest in the market for railway securities, although there is
reported to be some buying of o rtain stocks on the theory
that at the present low prices they are a good purchase. In
addition to the matter referred to above the serious floods in
the West and Southwest have been a depressing feature, as the
loss to railroad property direct is considerable and the carn­
age to other property in some localities wi*l doubtless be
heavy.
Aside from the two features mentioned, the general situa­
tion remains practically unchanged. Reasonable progress
has been made in tariff legislation, and there seems to be a
disposition on the part of Congress to hasten the matter to a
conclusion as rapidly as its importance will permit.
Foreign interest in American s-curities is not at present a
factor in Wall Street. The poli ical situation abroad teems
to be crystallizing slowly and an open war is less imminent
than it has been, but the interests at stake are of such a
nature that all Europe is absorbed in the probable outcome.
There is reported to be a slightly better inquiry for call
money, due possibly to an increasing speculative activity.
The open market rates foroall loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from 1% to 2 per cent. To-day’s rates on call were
to
per cent. Prime oommercial paper is quoted at 3% to4 per cent.
The Bank of England weekly statement on Thursday
showed a decrease in bullion of £703.280 and the percent­
age of reserve to liabilities was 52-65, against 55-32 last
week ; the discount rate remains unchanged at 3 per cent
The Bank of France shows a decrease of 1,278,000 francs
in gold and 310.000 francs in silver.
The New York City Clearing-House banks in their statement
of Mar. 27 showed an ii crease in the reserve held of $75,400
ami a surplus over'the required reserve of $18,895,750. against
$48,108,975 the previous week.
1807.
Mar. 27.
C apital.................
S u rp lu s...............
Loans & dlsc'nts.
C ircu lation .........
Net d eposits.......
S pecie..................
Legal tenders___
Reserve held.......
Legal reserve---Hnrplns reserve

Di'Jeren’ afrom
Prev. week.

1896
Mar. 28.

1895.
Mar. 30.

$
59,772,700
61.122,700! 62,622,700
73,953,800
72.813.300j 71,046,800
504,478,200 Dec 1,891,800 464,996,400 482,524,100
15,«2H,SUO Deo 128,100 14,218.000, 12,895,600
571,723,000 Dec 2,605,500 482,215,5001504,240,200
85,996,900 I n c . 462,700 58,931,900 65,578,900
105,829,600 Dec. 387,300 79,769,400 73,894,600
191,826,500 Inc
75,400 jl3S,701,300 139,473,500
142,930,750 Deo. 651,375 120,553,875 126,060,050
48.895.750 Inc

Sixty Days.

Prime bankers’ sterling bills on L on d on ..

726.775! 18,147,425

13,413,450

Foreign Exchange.—The foreign exchange market has
been almost stagnant this week.
To-day’s aotual rates of exohaage were as follows: Bankers,
sixty days’ sterling, 4 85^(^4 66; demand, 4 87(^4 87^ ,
cables, 4 87^®4 87

Documentary com m ercial..........................
Paris bankers’ (francs)................................
Amsterdam (guilders) bankers.................
Frankfort, or Bremen (reichmarks) b’kers

Demana.

4 86%
4 88 '@4 88%
4 85 <D4 85%
4 84%?$4 84%
5 18%® 17716 5 16 % @ 'l5 9 ie
40%'®405ig
4 0 l1fi'®40%
95% «'»95%
95% '® 95»,«

The folio wit) were the rates of domestic exchange on Nevi
York at the • der-mentioned cities to-day: Savannah, buying
1-16 discount, selling par ; Charleston, buying par, selling
premium ; New Orleans, bank, $1 00 premium ; oommeroii],
35c. per SI,000 discount; Chicago, 30c. per $1,000 discount ;
St, Louis, 40@75c. per SI ,000 discount.
United States Bonds.—Sales of Government bonds at the
Board include $79,000 4s, coup., 1935, at 133LT to 134J£;
$34,000 4s, coup., 1907, at 112^ to 113%; $38,500 4s, reg„
1907, at 111 to
and $1,000 5s, coup., at 114t£.
Interest Mar.
Periods
27.

Mar.
29.

Mar.
30.

Mar. 1A pril
31. | 1.

2s, ......................reg. Q.-Moh. * 96ia * 96ki * 96% * 96% * 96%
4s, 1.907.. . . . . . . -eg. Q .-J a n . 111 '11(>78 *110% *111 *111
is , 1907.......... >oup. Q .-J a n . -113% * 113% 11338 1133s *x l2 %
4s. i.925.............reg. Q .-F eb. *123% *123% 4123% *12^58 *123%
4s, 1925..........coup. Q .- Feb. 123% -123% *123% •1233s 124
5s. 1904............. reg. Q .-F eb. *114 *114 *114 *114 *11*
5-i. 1904 .........coup. Q .-F eb. 114% *114 *114 *114 *114
6s, our’cjr,’ 9 8 ...r e g . > A J. *103% *103% *103% *103% *103%
6s, m r’ey,’ 9 9 ...r e g . J ti j . *106*4 *106% *106% *10634 *106%
48, (Cher.)1897.reg. M arch. *100 *100 *100 *100% * u o %
4s. (Cher.)1898.reg. M arch. *100 *100 *100 * 1 0 0 % *1 0 0 %
*100 *100% *100%
48, (Cher.) 1899.reg. M arch. *100 * v o
■This is the price oid at the arom iux .uara, uo sale was mam

April
2.
* 96%
111%
112%
*12378
1237s
*114
*114
*103%
*106%
*100%
*100%
*100%

United States Sub-Treasury.—The following table shows
the daily receipts and payments at the Sub-Treasury:
1
Date. | Receipts.
*
2.619,951
2.614.609
2.914,206
3,5 45,388
3,265,337
3,222.312

*
1,891,255
2,040,*96
2,364,668
2,536,452
2,333,278
5,132,987

Total' 18,221,803

16,302,436

Mar. 27 1
“ 29
" 30
“ 31
A pr. li
“
2

llalancet.

Payments.

Coin.
$
130,950,413
130,943,5 1
130,930,398
130,908,423
130,868,*64
130,869,083

Ooin OerVs. Ourrency
*
'
2,43 ’ ,*>67
2,327,508
2,400,447
2,228,910
2,183,120
2,123,547

5?
68,606,377
69.291,161
69,780,863
71,023,311
72,040,620
70,184,394

Coins.—Following are the current quotations in gold lor
coins:
Sovereigns...........14 87 a$4 90
Napoleons ......... 3 86 a 3 89
X X Reichmarks. 4 76 <* 4 80
25 Pesetas........... 4 77 a
4 81
Span. Doubloons.15 55 ® 15 75
Mex. D oubloons.15 5(> ® 1 5 75
Fine gold b a rs ...
par ®% prem

I Fine silver b a rs... — 62 ® —627s
I Five fra n cs............ — 93 ® — 95%
I Mexican d olla rs.. — 4 8 tj® — 4i(
I Peruvian sols........— 43% ® — 45
English s ilv e r .... 4 84 ® 4 88
IT. 8. trade dollars — 65® — 75
|

State and Railroad Bonds.—Sales of State bonds at the
Board include $13,000 Virginia lund. debt 2-8s of 1991 at
63)^ to 63%: $1,0 0 Tenn. settlement 3s at 80: $1,000 Alabama
Class C at 1' 0; $5,000 Louisiana con. 4s at 96 and $5,000 Vir­
ginia 6s deferred trust receipts, stamped, at 5.
The market for railway bonds has been weak under the
effect of the Supreme Court decision, which caused a prac­
tical suspension of investment buying. The most prominent
feature of the week was the heavy liquidation in St.
Louis Sou'hwestern issues which deolinrd from 6 to 10
per cent, a part of which has sines been recovered.
This movement was accompanied wi h reports of serious
damage by floods in the territory.
The limited volume
of business has bten confined chiefly to a few specu­
lative issues, which in most cases declined from Lto 3 per
cent, including Atchison, Chesapeake & Ohio, Missouri Kan­
sas & Texas, Nortnern Pacific and Re i ding bon s. There has
also been some activity in Brooklyn Elevated, Union
Elevated, American Spirits, Standard Rope & Twine, Bur­
lington & Quincy, Rock Island, Erie, Lake Shore, Milwau­
kee & St. Paul, Oregon Short Line & Utah Northern, Rio
Grande Western, St. Louis & Iron Mountain, San Antonio
& Aransas Pass, Southern R til way, Texas & Pacific, Union
Pacific and Wabash bor ds.
Railroad and Miscellaneous Stocks.—Railway stocks de­
clined rapidly on Monday in response to a vigorous bear raid.
Uncertainty as to the possibility of future railroad traffic
agreements was the coief reason for a lack of outside interest
and a large proportion of the active list declined from about
2 to 4 points. On Tuesday there was sufficient covering of
short contracts to afford some support to the market and
prices began to improve, but there has sinoe been consider­
able irregularity. The coal stocks have con inued weak,
Delaware & Hudson selling below par on Thursday for the
first time since 1887, and Central of New Jersey was on Wed­
nesday at the lowest point in has touched sinoe 1888. Both
thes- stocks have since made some recovery. Missouri Pa­
cific and St. Louis Southwestern have suffered severely from
persistent bear efforts and some liquidation on aocoutit of
the flo ids. The grangers were relatively strong, stimulated
by good traffic reports, and the Vanderbilt stocks have large­
ly recovered from the depression of the early part of the week.
The miscellaneous list moved in sympathy with railway
shares but on a smaller scale, and witoin a narrower range.
American Sugar and Chicago Gas have been the favorites of
speculation. Western Union declined 3% points. Net
changes are in most cases insignificant.

THE CHRONICLE

654
SEW

V O K k S T O C K E X C H A S H E — A C T I V E S T O C K S f o r ioeek e n d in g A P R I L 2 , a n d s in c e JA N '. 1 , 1 8 9 7 .
Sales o f
Ranee fo r year 1897.
the
[On basis o f loo-shars lots.
W eek, ---------------------------------------—
Shares. | Low est.
Highest,

HIGH EST ANU LOWEST PRIOKS.
Rut aid #y.
Mur 27,

|VOL, LX IV,

Thursday,
Apr. 1.

M onday,
iltir, Al.

A c t iv e it It, S to c k * .
10% A tch ison Topeka dr Santa Fe. 11,078! 9% Mar. 29 12% Mar. 3
2Q%!
Do
p ref. 32,046 13% Mar. 29 25% Jan. 30
% A tlantio & P a o iflo ......... .
30:
% J an. 22
% Jan. 1 4
14 ;B altim ore <fe O hio............
3,375 12% Mar. 2 7 18 Jan. 8
21 ;B rooklyn Rapid Transit.
400 18% Jan. 7 21% Feb. 11
48% Canadian Paeirto............
200 46% Mar. 29 56 Jan. 8
47% Canada Southern............
4,525 44% Jan. 13 51V Mar. 17
119,726' 77
—
80% Central o f New J e rsey ...
Mar. 311103% Jan. 19
S5%
9 Central Pacific.................
8% Mar. 19 15 Jon. 5
*8%
7,920 15% Mar. 29 18% Mar. 15
16% lChesapeakeA O h io.......
lfc>s
170 Chicago & A lto n ......................
§162 Feb. 15 ;'.170 Mar. 1
*164 . . . ,
72% Chicago Burlington AQulnoy 136,902 69V Jam 5 78% Mar. 18
71
72%
U9V 70%
50
Chic
ago
&
Eastern
Illin
o
is...
45 Mar. 13 45 Mar. 13
•......... 50 *......... 50
45 §95 J an, 8 I*98% Feb. 3
98 I
Do
pref.
*95
98 ! *95 98
113,911
73
%
Ohloago
M
ilwaukee
&
St.
Paul
71% M ar. 29 78% Mar. 15
74®s 75% ' *71% 72
132%
JJO
prof.
751 131 Jan. 8 1
138% Mar. 18
180% 186% $136 130
20,813
105%
Chicago
<
fe
N
orth
w
e
s
t
e
r
n
.....
102% Jan. 2 110% Mar. 17
105% 10(5
103% 104% 103% 105
150 153 Jan, 121155 Feb. 2 0
............................................ 154 164
61% 62% ” e i % 63 Chicago Rook Island APauUki 42,400 6 0 % Mar, 29 70 Jan. 16
63% 64% 60% 62%
61% 63% x 61% 63%
57% 58% 58% 5 9 V C lu cagost. PauIMlmm A O m . 39,880 47 Jan. 2 61% Mar. 17
56% 59
57% 59% 56
57%
56% 58%
100 133% Jan. 18 143 Mar. 29
T
40
145 *UO 145
Do
p ref.
1140 145
*140 144
143 143 ,*130 1-15
6,710 26% Feb. 16 33% Mar. 17
28% 29% 29% 29% Cleve. Cinoln. Ohio. & St. L ...
28% 29%
23
28% 27
23
27% 28%
73
Jan. 4 77 Mar. 25
§3........ 3 " Columbus H ooking Val. JiToi
3%
3
A pr. 1 18
Jan. 8
3%
SV
3%
3%
3%
3%
*3%
4%
------ -----Do
pref
40
Jan. 21 46
Jan. 21
99% Apr. 1121%
Jan. 6
106% % "
105% 106% 106% 107% 100% 106% 99% 1 0 2 % 101 % 103 D elaw are & H ndaon................
151 152
153 153 DolawareLack a wanna, fewest
154% 151% 154 155% *154 165% 152 154
151 Jan. 29 157% Jan. 18
10% Fob. 26, 12% Jan. 19
-9% 1 0 % * 1 0
10% Denver & B io Grande
‘ -0% 10 ; -9
10%
•9% 10%
Do
pref
37% Mar. 24: 43 h Feb. 1
*37% 39
*,37
37
36% 38% *37% 3s% *38% 39%
13% 13% 13% B r ie ...................................
12% Mar. 24: J5% J an. 18
13% 13% 13
13
13% 13% !13
§30% 30%
Do
1st p ref.
27% Mar. 29 35% Jan. IS ­
* ........ 31 I 27% 27%
29
29%
17
IS Mar. 29: 21 Jan. 15
§17
17
*17
20
*18
18%
18
18
15)14 E vansville & Terre
25
31
*25
31
§21% Feb. 13 524% Feb. 13
*25
31
**25
31
*25
31
120 Jan. 16 122 Feb. 5
*119 120 *119 123
*119 123 *119 123 *119 123 Great Northern, pref.............. .
§94
94 Illinois C entral..
92% Feb. '. 6 9o% Mar. 10
*92
94
$92% 92%
82% 92% ^93
93
92% 93
*6
6% .Tan. 27; 8 Jan. 16
6% Iow a C entral___
$6%
6%
*6
7
■
"7
6%
6%
*6%
7
6
*20
Do
pref
25
*20
25
24% Mar. 18 27% Jan. 20
*20
25
*22
25
25
*20
35
*22
Lake
Erie
&
Western
250
13%
15
13%
Apr. 1 18% Jan. 18
*14%
16
14
13%
13%
14
10
*13%
§15
15
Do
§60
1,425 5 * % Apr. 1 70% Jan. 2 0
60
u
u
pref
60
69
50
to
60% 62
58% 59
50
59
2,396
152
Jan. 2 172
Mar. 1
16
Lake
Shore
&
M
ich.Southern’
164
164
65
166
163
164% ’ 164*8 165% 165 166%
165 163
41
41 Long Island........................
42
42%
811; 41
Apr. 2 55
Jan. 8
*43
43 I "43
48
§41
41
48
s* 43.
45%
46%
27,466
41%
Mar.
2
9
52%
Jan.
19
45%
46
Ikiuisviue
A
N
a
s
h
v
ille
....”
4
>
g
45%
46%
45%
41%
M 45% 46%
46%
20,800 33
Mar, 9 93
Mur. 2
83% 84% Manhattan E levated consol
83% 84%
84% 85%
85
85% ' 83% 85%
J B 4 % 85%
*103%
105
103%
104%
360
103%
Apr.
1
1
1
0
%
Jan.
5
M
etropolitan
Traction
i o n 's 106% *105 108 §107% 107% §103% 103%
§95% 9 <% Michigan C e n tra l. . .
283 90 Jan. 28:100 Mar. 1693 t .............
93
19%
Jan.
29
115
*17
18%
17 Alar. 26
17%
Minneapolis & St. L ouie. .1”
17
8*17
19
*17
§16% 10%' 17
18% *16
*76
78
77% Mar. 18 79% Jan. 18
78
70
•76
*76
76
Bo
1st p ref.
78
78
1*76% 78
*75
•16 Feb. 26 48% Mur. 18
‘ 45
*45
47 . . . D o
*45% -18
48
40
7>*46
48
48
2d pref
*45% 48
960 11% Mar. 29 14% Jan. 18
12
*11% 12 M issouri Kansas & T e x a s.. .
11% 11%
11% 11%
11% 11%
11% 11% *11
27% 23
Do
pref 12,802 25 % Mar. 29 32% Mar. 18
7 26
27%
25% V6**l 20% 27%
27
26% 27%
28
28,762 14% Mar. 29 24% Jan. 18
15
11% Missouri Paoiflo.........
14% 15%
15% 16% 15% 16%
14%
17%
i 17% i» %
250 20 Mar. 26 22% Jan. 12
20
20
20
20
*19
20 31 Mobile A O hio............
*16% 20
*18
21
§70 Jan. 25|§70 Jan. 2 5
Nashv.Ohattanooga&St.Louis
37 Nfiw E ngland.............
§44 Mar. 18 §44 Mur. 18
.................. *......... 37
98% 100 New York Central & H udson’ 24,577 92% Feb. 18 102 Mar. 22
98
9»% 06%
97%
310 11 Feb. 11 14% Mar. 15
12
12
*11
13
11
13 New York Chicago & St. Louis
30 70 Jan. 22 75 Mar. 17
*68
72
§71
71
63
70
Do
1st pref.
24 Feb. 10 31V Mar. 17
•29
32
; -26
29%
26
31 „
Do
2d p ref.
1 i 160 Feb. 2 §178 Jam 4
*170 173 *169 173
§170 170 New Y ork New H a v e n * Bart.
1,335 13% Mar. 31 16% Jan. IS
13% 13% New YorkOntario & Western.
9% Jan. 18
98 • 7 Apr, 1
§7
7 New Y ork S u eq .& W est,n ew .
7%
7%
23% 23%
23
23
Do
pref.1 1,390 22% Mar. 29 26% Jan. 18
156 J 2 Apr. 1 14% Mar. 11
*11
1 2 % N orfolk & W estern .......... . . . .
*1 4
13
644 25 A pr. 1 28% Mar. 4
:25
26
Do
pref
§25% 25%
5,365 11% Mur. 29 l e V Feb. 1
12
12%
1 2 % 1 2 % Nor. Pacific By. votin g tr.ctfs.
35
37
Do
p ref. 28,970 32% Jan. 5 38% Feb. 2 4
§15 Jan. 15 §17% Jan. 18
10
20 Or. BK. & Nav.Co.vottr.etfs.
42 37% Jan. S! 45% Feb. 3
§39
39
Do pref., vot, trust,etfs.
19% Alar. 29' 28% Jan. 18
51,982
20% 21% Phila. A Reading all Inst,, pd.
14,585 40% Alar. 29 51% Jan. 19
42
42%
1st pref., when issued.
3,460
25 V Mar. 30 33% Jan. 16
25% 26%
2d pref., when issued.
212 11% Alar. 29 14 Jan. 21
11 % 14 Pittsburg (Jinn. Ohio. & St. L.
49% Mar. 26 SO Feb. 1
*47
50
Do
pref.
................... B io Grande W estern...............
§110 Mar, s §110 Jan. IS
117% 118% *117% 110 *117% 119 Borne W atertown A Ogdenab.
*56
60
*56
60 St. Louis Alt, A T. H .,tr.teots
320
4% Afar. 29
4
‘ 4%
4%
4%
4% St. L. A San F r., vot. tr. otfs.
5V Feb
920 37 Jau. 29 40*Vg Alar. 4
38
38
Do
1 st pref.
37% 37%
1,060 12% Jau. 27 16 Feb. 3
13% 18% 13% 13%
Do
2d pref.
4% Jam 18
1 Apr. 1
4,570
2 % 3 % St, Louis Southwestern...........
1
1%
8,805
3% Apr. 1 11% Jan. 1£
3%
a
5%
6%
Do
pref.
20 Jan. 4 22% Jam 13
18
23 St. P aul A D u lu t h ....________
18
23
§85 Alar. 12 §87 Feb. 3
....... 90
Do
pref.
22 114 Jan. 28 118 Alar. 3
§117% 117% *115 117 1st. P aul Minn. A M an itoba ...
2,040 13% Jan. 13 15% Jan. 18
15% 15% Southern Paoiflo Co.
5,2391 7 V Mar. 2.4 10 Jau. 16
8 ISoutbern,voting trust, oertlf.
20% D o pref., voting trust, oert. 15,070 24% Mar. 29 29% Jam 19
8 Apr. 1 10% Jam 18
2,130
8% Texas A P aoiflo.........................
6,352
5% Mar. 20 10 J an. 5
6 jUnlon Paoirio trust r eceip ts..
2% Jan. 0
1% Apr. 2
1 % 10 nlon Paoiflo D enver A G u lf.
300
4% Alar. 2 0 ! 7 % Jam 10
2,785
5% Wabash.......................................
17%
Jam 18
9,000
12
Mar.
29
13 %!
Do
p ret
1 F eb. 19
6% Jam 2
% W heeling A Lake E rie............
591
29
J am 5
4
Alar,
17
200
4%
Do
pref.
2% Jam &
1% Mar. 31
200
1 % Wlso. Cen. O o„ votin g tr. otfs
J J ta e e lla u e o u w s t o c k * .
§11%
11 |
240 11 Mar. 29 14% Jan. 16
*10% 12%' §12% 12% Am erican Cotton Oil Co
87%
57%
195 52% Feb. 10 58 Alar. 9
*56
57 % §57% 57 V
Do
pref.
11%
9
12% 12%' 12
U%|
12% A m erican Spirits M fg. C o___ 12,761 10 Alar. 29 14% Jan
29%
211
4.556
26 Jan. 5 34 V Alar. 15
Do
pref.
20%
30% 33%
110% 1125, 109% U O \f 109%
109% 111% f ? r 11 1 % l i o v 1 1 1 %; Ainerioan Sugar Refining Co 171.900 1 0 0 % Mar. 29 118V Mar, 3
101% 102 [|§ .« )% 101 %i 100% 101
2.012 100% Jan. 7 105% Mar. 15
Do
pref
u 0 % 1 0 0 % § 1 0 1 % 1 0 2 % 1 0 1 % 102
72% 74 : 71% 72% 71% 72%
72
74% 72% 73%
73% 74 Am erican Tob&ooo C o............ 56,832 67% Feb. 15 78% Jam 14
*103 106 §104% to d §106% 106% 104 107 : 106 106
200 100 Feb. 11 108 Mar. 12
Do
pref,
0%
9%
8%
9%
9%
9%
1,3301 8% Alar. 29 18% Jan. 0
0%
9%
9%
9% Bay State G a s ..........................
9%
»%
77% 79
7 6% 78 I 77% 79%
78% 79%
77% 7 9 % 78
79 % Chicago Gas c o n ce rts, o f dep. 93,782 73% Jan, 5 81V Mar, 23
§157% 15
184
ia®%»( — * —
1 155% 157% 154V 1 5 5 % 154% 166% Consolidated Gas C om pan y..
-------- ----------2 150% Alar. 19
30% 3 1 '
32
33
31% 3 2 %: 31V 32%
3Q4a 3 1 % 31 % 32% General E lectric Oo................. 13.895 30% Alar. 29 30% Fen. 2
24 f 2 j% 22 %i *23*4 21% *23
iU
23
1,283 217, Feb, 16 26% Jam 19
24
23
23% 24 National Lead C o ...................
§91
01** 9 0 s* 90%!
507 88% Feb. 13 92 Feb. 23
90%) §90% 91%
91
Do
pref
§9o% 9 0 V
01
4
4 j '3 %
4 j , f ** 4%: *4
5 Jan. 18
4 Mar. 25
4%
508
4
4% North Am erican C o.................
4
•3%
28% 20 V 2SH 25 V
25V 27 %i 25% 20%
26%, 27% Pacific Mall. ........................... 12,867 24 Jam 9 27% Alar. 18
26H 20%
*®1 %
*om
f ‘ 91 m
! * 9 1 % ......
91%
*91% ___ Pipe Line Certificates..............
410% 159% *158 150 §159% 159% 158 150% Pullman Palace Car Company
155 152 Jan. 2 163 Mar. 3
i
§1»%
IW2 i 6 1 V 62%: *01% 62 %] 6<!% 62%
*82% 6*1 i 62
62
62% Stiver B u llio n Certificates___ 25,000 62 Mar. 29 65 V Jan. 2 ?
«<6%
6% Mar. 20 u % J an. 19
1.701
0%
6% standard Rope A T w in e.........
e%!
0%
'
24 %j 25
24% 25 %i 24
2!>%j 25
26%) 24% 26 %) 25% 20% I eunesseo (real Iron A B K ... 16,250 24 Alar. 29 31 J am 18
7 Vf
7
7
7 t
9% Jan. 18
7
6% a pr. i
1,780
7
6%
7
8%
6% United States Leather Co,
<!h!
55% 5#%! 5 .*,% 57%l 55V
55%
35,945 54 Feb, 13 04 J an. 19
56% 5«%; 55% 50%
Do
pref,
I **> 13
It
13%! 13% H I 14
3,594 13 Alar. 29 25% Jam 10
14
13
14 United States B obber Oo.......
13% *13
621% 62%; m
tii i
62 j *62
569 01 Mar. 29 76 V Jan. 5
6-1
Do
pret.
63
62%! 61
§I|-% *2% K:U I * 3 % w3V l *»«% 98% I 0* 0i%
83
34,567 70% Apr 7 a# k Mar 16
% “ B%< 70% 81% Western rin'ort Televrsnu
10%
20%
*%
12%
*20%
*45

10% 10%
10% 20%
•%
%
13% 13%
20% 20%
*4 6 % 47%
46% 46%
77% b0%
•8
9
16
16%
170
5163% 163% ‘ 1«4
70% 71%
72%
50
60
§95% 96
95
98
72%
73
72% 73%
132% 132%
132 133
104 105% 104% 104%

•Theseate old and asked; no sale made,

10%
20
*%
14
*20
*47%
47
78%
*8
10%
*162
71%
*.........
*.........
72 %
132 V
104%

§ Less tnan 100 shares.

THE CHRONICLE.

A pril 3, iSbl.j

jJfiiY YORK STOCK EXCHANGE PRICES (Continued) —I N A C T I V E
A pril 2 .

I n active Stocks .
, Indicates nulls ted.

Bid.

R a ilr o a d S to ck * .
A lban y A Susquehanna--------—100
.1 0 0
Boston A N. Y. A ir Line p re f. .1 0 0

174
9
23
102

163*

Range (sales) in 1897.

Ash.

Lowest.

170
10*5
9
26
105 102
20

57

.1 0 0
.1 0 0

70 Feb.
3
5
4 Mar.
Uaicago Great W e s t e r n .......
40
50
40 Feb.
d e v . Lorain & Wheel, p r e f .... .1 0 0
. 50 162
168 166 Feb.
.100
7h
8*4
8 Mar.
56
so
P re "erred..................................
2
3 4 Feb.
Duluth ^o. Shore & A tla n tio 1 .100
.100
8 Jan.
9
P re fu -re d fl....................... .
37
43
3 9 1* Jan.
E ansville & Terre IT. p r e f.. ..5 0
.100
.100
30 Mar.
25
40
Green Bay & W estern-----. . . . .100
100U
35
50
4
43i Jan.
5
Deb. o^rtfs. B . ..................... ICOO
6 Feb.
.l o t
4
7
2
4
2 Feb.
Keokuk A Dea M oines............
12 Mar.
12
15
P ref wreck............................. .100
40
32 Feb.
Keokuk A W es^ v tu ................
30
lO f

55

Feb.

5 Jan.
40H Mar.
83* Feb.
33s Feb.
8 Jan.
4 0 ^ Jan.
11 Iq Mar.

5 Jan.
6 Feb.
3 Jan.
2 8 1* Jan.
32 Feb.

8 Jan.
..1 00
1H Mar.
1
i Jan.
M exican National tr. o t fs ___ ..1 00
1!«
.. 5t 163is 160 1 6 3 1* Feb. 167 Jan.
300
295 Feb. 300 Mar.
N. Y. A H arlem .......................
.l o t
119 Jan. 122 Mar.
12i« Mar.
^ Mar.
21* Jan.
i
Peoria Decatur & EvanavUle .100
k
3*s Feb.
3
8
3 ^ Feb.
Pitts. Ft. W. A Ohio, guar— ..1 00 162 168 164 Feb. 169S) Mar.
175 185 180 Jan. 185 Jan.
Rensselaer A Saratoga--------30
38** 40 Feb.
R io Grande Western p re f---40*4 Feb.
25 1
....
Toledo A Ohio Central............ .. l o t 1 15
....
1 50
75
Preferred....... . . ................
—
* No price Friday

latest price tills week.

STOCKS,

Bid.

Ask.

A pril 2 .
Bid.

Range (sales) in 1897.

Ask.

Lowest.

IT Iiiic e lla n e o n s S t o c k s .
Adams E xpress.......................... 100 148 150 147i4 Feb.
American Banh Note Co H ___
4314 4 4 1*
25 1 10 ,120
Am erican E x p ress.................... luu t l l 21s
109i* Jan.
Amer. Telegraph & Cable____ 100 {88 1
100 {99
14
3o
100
Ohio. Juno. R y . A Stock Yards .1 0 0
103 Feb.
Colorado Coal & Iron D e v e l.. 100
38
1$ Jan.
‘4
100 { 19*4
17 Mar.
.t o o
87
33i
Col. A H ock. C oal tr.rcts.allpd. 100
31* Mar.
Commercial C able.....................
156 172
Consol. Coal o f M aryland....... .100
36
40
35 Feb.
___ 20 Jan.
Detroit Gas................................ 100 ____
100 106 1 0 s
.100 101
97 Feb.
63 1* Apr.
Erie Telegraph & Telephone . .100 164*4
100 J3278
30 Feb.
Interior C o n d u it* In s............ 100
100
35
22
22i^ Jan.
Laclede Has............ ................... ,100
24
P referred................................. .100
73
7 0 ^ Mar.
78
Maryland Coal, p r e f................. .100
45
55
IOC
.100
.100 {44
National Linseed Oil C o........... .100
12
12 Mar.
13
.IOC
3
6
4*4
5 Jan.
6
New Central C o a l..I ................. .100
IOC
8** 101*
340 Mar.
. 50 320
15g Apr.
Quicksilver M ining................... .100
il=B
IOC
8^* 113* Jan.
Standard Gas, pref.fl . . . . ___ 100 111 112 102 Jan.
Tennessee Coal & Iron, p re f.. .100
70 Jan.
f e ia o i's/jifle Land T ru st___ .IOC
40
37 Feb.
U. 8. E xpress........................... 101 {39
W ells. Farvo E x p r e s s ........... 100 100 1021* 97 Jan.

SECURITIES.

Bid.

BONDS

Ask.

A P R IL

SECURITIES.

105i* ......... Missouri—Fund..............1894-1895
Tennessee—6s, o ld ___..1892-1898
104
North Carolina—6s, o ld ............J&J
100
........ 1
Do
New series.... 1914
100 ........ l
New bonds, J & J ........ 1892-1898
Compromise, 3-4-5-6s..........1912
Chatham R R ...........................
Special tax, Class I .............
7s, Arkansas Central R R ............
Consolidated 4 s .................. 1910 102
Do
4 1o8................
1913
L ouisiana—78, c o n s ............... 1914
6s.................. ........................ 1919 122i*
Penitentiary 4 ^ 8 .................. 1913
Stamped 4 s .....................................
South Carolina—41*8, 20-40..1933 105
Virginia funded debt, 2-3s___1991
94i* 9 5 %
N ew consols. 4 s.................... 1914
6s, non-fund............. ........... 1888
6s, deferred t ’st ree'ts, stamped.
,.........

New York City Bank Statement
B anks
(0 0 s o m itte d .)

TTe o m i t

for the week ending

Oanhs .
L oa n s.

Specie.

Jan.
Mar.

104
1
27

Mar.
Jan.

4% Mar.
371 * Jan.

25
lt'7
103
67
42

Jan.
Mar »
Jan.|

25
78

Jan,
Mar.

12
52
52
15
5
5

Feb.
Jan.
Jan.

340
13* Jan.
108
70

Feb.
Jan.

40
102

Jan.
Mar

Bid.

Ask.

Legals. Deposits.

Bank of New York. $2,0 0 0 ,0 $1,894.3 $12,120,0 $2,100,0 51.900.0 $12,430,0
Manhattan Co.......... 2,050,0, 2,103,1 14.254.0 2.717.0
2.112.0 16.045.0
non n *1.016.5
i m a k 12,974,4 3.091.2
1,299,8 15.898.9
Merchants’ ............... o2,000,0
1.439.0
8.542.0
Mechanics’ .............. 2,000,0 2.059.2
9.213.0 1.145.0
5.091.3 23,047,4
A m erica.................. 1.500.0 2.479.3 18.350.0 2,416,4
Phenix..................... 1,000,0
291.0
722.0
3.588.0
3.868.0
359,1
9.279.3 34.534.0
<5tty........................... 1,000,0 3.608.7 23,240,4' 6,972,8
Tradesmen’ s............
383.1
2.377.2
750.0
216.1
2.545.0
96,6
3.330.4 24.341.1
Chemical..................
300.0 7.339.0 24.204.3 4.320.0
Merchants’ Exch’ ge
512.3
5.190.0
848 .7
600.0
4.586.4
169,8
5,645,4
820 ,3
1.782.1
Gallatin.................... 1,000,0 1.689.7
6,000,7
Batchers’ A Drov’ rs’
1.234.1
149.2
140.5
300.0
1.295.2
181.7
Me ha nice* & Trad’ s
215.0
2,001,0
265 .0
400.0
1.950.0
224.8
900,3
Greenwich...............
104.5
173.1
200.0
965,2
165.5
Leather Mannfac’rs.
548.0
2.809.0
600,0
320.7
3.043.2
472.5
1.923.1
Seventh.................. .
253.3
233.1
300.0
94.0
1.617.5
465.2
2.273.7
State of New York 1.200.0
158.8
3.139.3
525.3
American Exchange 5.000. 2.587.8
4.968.0 19.954.0
0
22.932.0 2.624.0
4.212.2 19.208.6
Commerce................ 5.000. 3.657.5
0
23.623.6 2.090.2
4.999.3
717.0
523.0
Broadway................. 1.000.0 1.577.1
5.699.0
8.637.8
1.893.0
700.8
1,000,0
8.094.1
982.0
3.011.1
431.1
594.6
490.4
422,7
Pacific......................
2.483.5
1.234.7 13.810.7
Republic.................. 1.500.0
848 .6 12.759.4 2.289.1
6.485.2
1.227.4
683.0
Chatham..................
975.4
450.0
6.250.4
487.5
2.467.9
237,7;
238 .4
200.0
Peoples’....................
1,794,7
7.433.6
1.489.2
North America........
582.1
700.0
0,273,5 1.084.3
2.529.5 22.938.9
Hanover.................. 1,000,0 2.044.8 17.734.6 5.398.7
2.961.0
576.5
274.0
Irvin g......................
347 .6
500,0,
2.920.0
2.900.0
434.0
509.7
Citizens’ ...... -..........
394.1
600.0
2.535.0
3.190.2
749,9
191.0
2.419.0
Nassau.....................
282.4
500.0
0,159,5
1.282.8
645.5
Market A Fnlton...
900.0
5.800.0
963 .0
3.835.9
424.4
Shoe A Leather....... 1.000.
115.4
503.6
3.050.4
0,
9.347.4
1.645.0
Corn Exchange....... 1.000. 1,243,0
0
7.913.4 1.361.7
5.939.6
558 .0
1.141.0
Continental...
1,000,0
5.081.4
200.1
1.590.0
313.4
136.8
Oriental.........
394.2
300.0;
1.695.4
3.830.0 24.840.0
Importers’ A Trad’rs 1.500.0 5.555.5 23.800.0 I 3,194,0
5.707.6 34.523.0
Park........................
2,000,0 3.202.6 25,074,3! 7,955,9
1.201.4
239.6
157.0
138.8
250.0
East River..............
1.207.7
6.213.3 24.079.2
3.200.0 2.040.8 20,078,2 2,838.2
Fourth....................
8.879.0
1.453.0
1,000,0
Central...................
500.3
7.464.0 1.190.0
5.651.0
898.0
847.0
S e c o n d ..................
670.7
4.757.0
300.0
4.364.5
937.2
380.0
Ninth......................
3.684.1
750.0!
290,1
3.318.1 24.104.8
500.0 7.028.7 23.059.4 3,815,4
First........................
2,100,5 10.850.1
Third....................... i.000,01 244.8
8,509,5 1.545.0
1,350,8
147.3
249.8
300 .0
N. Y.Na*'l Exch’ge.
75.0
1,382.2:
431.0
413.01 3.174.0
B ow ery.................. .
598.8
250 .0
2.912.0
382,0’ 3.401.1
705.3
Now York County.
2,000.1
200.0
4 26 .3
2.600.4
502.4
244.0
Oormaa American.
280.4
2.744.1
750 ,0
Chase...................... .
500.0, 1,481,1 14,098,6' 4,328.21 7.512.4 23.944.0
Fifth Avenne___...
100.0, 1,108.3 7.248.8 1.103.0 1.125.2 8.286.4
2.910.4
219.5
558.4
550.2
German Exchange..
2.332.3
200,0)
3.972.7
000.4
539.5
Germ ania...... ........
200,0
688,6 2.920.4
0,593,9
774.1
902,9
United states.........
5.969.0
599.2
500, o!
G.771,0
908.7
1.349.0
Lincoln ....................
5.613.1
300,0!
609.5
4.804.3
856.8
4.003.5
014.7
Garfield....................
200,0,
725.3
1.847.4
398.9
Fifth .......................
218.0
200.0
1.582.9,
306.5
5!844,1
889.9
832,7
Bankof the Metrop.
4,082,2!
300.0
820.6
2.401.0
471.0
200.0
West Side................
2,28 i.o;
200.0
320.1
8.379.0
2.550.0
Seaboard..................
80/t.O
6.754.0
500.0
285.1
1.490.0
285.0
Sixth........................
185,0
1.073.0
339.1
200.0,
14.335.0
3.598.0
854.5
Western ................. 2,100,0
13,150.7
451.0
0.130,0
1.155.5
First Nat. B’ klyn...
933.5
5,286.0,
300.0
930.3
1,418.0. 11.314.7
Nat. Union Bank... 1,200,0
674,6; 10.712.4 1,007,9
2.509,3
506,6
248.2
Liberty Nat. Bank..
248.0
500.0
2.401.0
3.259.8
277.5
559.2
N. Y.Prod. Exch’ge. 1,000,0
3.778.9,
353,9

76*a

80

63 hi
5

64

New York City, Boston and Philadelphia Banks:

tw o c ip h e r s ( 0 0 ) in a ll ca ses.

C a pita l SurpVs

155
125
113

2.

A labam a—Class A , 4 to 5 ---- 1906
Class B, 5 s.............................. 1906
Class C, 4s.............................. 1906
Currency funding 4s............1920
A rkansas—6s,fuud, Hoi. 1899-1900

March 37, 1897.

Highest.

t Aotual sales.

NEW YORK STOCK EXCHANGE PRICES.— S T A T E
SECURITIES.

( \ I n d i c a t e s a c t u a l s a le s . J

I n ac tiv e Stocks .
(1 Indicates unlisted.

Highest.

Feb. 170 Feb.
Jan.
lO 1^ Jan.
27 Jan.
Mar. 105 Jan.

655

n Ty

Capita/ a
Surplus.

.~

M ar. 0..
“
13..

“
“

20..
27..

B

om .*

M ar. 13..

“

“

20..

27..

Phi In. *

M ar. 13..

“
“

20..
27..

Loans, j Specie.
502.061,8
505,912,5
506,370,0
504,478,2

85,081,7
85,274.1
85,534,2
85.990,9

Legals.
$
114.860.5
112.262.9
106.210.9
105.829.6

177.049.0 10,495.0
178,455,0|10,672,0
178.097.0 10,388,0
105.472.0
100,940,0)
107.220.01

Deposits.■( OircTn Clearings
$
577,461,1
578,693,8
574,328,5
571,723,0

$
16.400.2
10.211.3
15,952,9
15,826,8

$
577.757.4
495.464.4
556,855,1
506,924,8

8.309.0 184.948.0 9.477.0 81.970.0
8.229.0 165.094.0 9.475.0 88.438.0
7.581.0 162.283.0 9.383.0 85.142.0

39,761,0
39,378,0
38,710,0

115.719.0
110.921.0
110.408.0

6.864.0
0,924,0
6.910.0

51.724.2
57.970.9
52.915.2

* W e om it tw o ciphers in all these figures.

+ Xnoludlng for Boston and Philadelphia the item “ due to other banks” .

Miscellaneous and Unlisted Bonds:
B onds.
M isce lla n e o u s B onds.
Ch. Jun. A S. Yds.—Col.t.g.,5s ♦105 b. Jeff. A clear. C. & I. 1st g. 5s 100 b.
2d g. 5s ..............................
ColoradoC. & I. lstcons. os.g. 90 a.
77>ab.
Colorado Fuel A I.—Gen. 5s. 81 a. Manhat. Beach H. A L. p. 4s. r 40 a.
Col. & Hock. Coal. A I.—6s, g.
Metropol. Tel. A Tel. 1st 5s..
Cons.GasCo.,Chlc.—1st gu.o* ‘ *90i4b. Mich.-Benin. Car 1st 5 s ----De Bardeleben C. A I.—g. ds.
M utual Ui ion T e le g .—6s, g . .
7 i‘^b. Nat. Starch Mfg. 1st 6s........ I0 1 3 4 b .
Det. Gas con. 1st 5.................
Edison Elec. 111. Co.—1st 5s.. I l l b. N. Y. & N. J. 1elop. gen. 5s..
Do of Bklyn., 1st 5*.. 110 b. Northwestern Telegraph—7s
Equit. G.-L , N. V.,cons.g. 5s.
People’s Gas A C. t let g. 6s. 110 b.
Equitable G. A F.—D t bs__ i o o " b
Co., Chicago — J2d g. 6s. 108 a.
Erie Teleg, A Telep. 5s, g ... 101 b.
1st cons. g. 6*..................... ’105*ab.
Galveston Wharf Co.—1st 5s 100 b South Yuba Water—Con. 6s.
Henderson Bridge—1st g. 6s.
standard Rone A T.—Inc. 5s. * 18*'b
Illinois Steel deb. 5s..............
Sunday Creek Coal 1st g. 6s.
Non-conv. cieb. 5s...............
07 b, Western Union Teleg.—7s...
Int. Cond. A Ins. deb. 6s......
Wheel.L.E.&Pitt .C allst5s
N ote —“ b” iudicates price uid\ “ a” price asluul. * Latest price this week.

^ M is c e lla n e o u s

Bank Stock List—Latest prices.

America....... 315
Am. K xch... 173
Astor Place* 225
Bowery*...... 300
Broadway.... 230
Butch.&Dr.. 125
Central +...... 100
Chase........... ...400
Chatham......290
Chemical — '4000
City..............500
Citizens’ ....... 125
Columbia__ 170
Commerco... 200
Continental. 130
Coni Exeh... 285
East River.. 135
111h Ward.. 200
F i f : h A v e ___ 3000
Fifth4......... 250
First........... 2800
FlrstN., S. I. 120
14th Street..
F o u rth .......
178
Gallatin__ 310
Total.................. 59,779.7 73,953.8 504.478.2 85,996.9 105.829.6 571.723.0 Gftiisevoort
95

Ask.
176

BANKS.

CfNew stock. *Not Listed.)

Bid. Ask.

500
German Am. 110
Gorman Ex.* 340

165
Hanover...... 320 340
H de A L.k .. 80
90
155
Im.&Trad’r* 525 550
300
4500 Irving.......... 140 160
185
140
Liberty*...... 135
750
210
220 230
140 Markot& Ful 200 240
300
Mechanics’ . 185 195
M’chs’ cfeTrs’ 125 135
160
3500 Merchant.’ .. 140
110
425
150
Mt. Morris.. 95 105
Nassau — 156 170
185 N. AmsMftm. 190
330 iNew York... 230 240
105 IN. Y. Co’ nty 700

250
140
170

BANKS.

Bid. Ask.

N.Y.Nat.Ex
Ninth..........
19th Ward.. 100
135
Pacitio...... 170
Park........... 200
Pheii lx ...... 104
Plaza*_____ 185
120
Republic__ 150
109
425
100
Seventh.
Shoe A Le’tll 88
Stateof N.Y. 115
Third.........
76
TradoHm’n’s. 95
200
Union Sq.*.. 1175
Un'd siaien. 175
York ville*... '170
Western__ 114
West Siile
275

115
195
208
240
110
125
100
17534
90
95
100
130
190
200
120

THE CHRONICLE.

H5H
h im t o n

,

e iu u A w is iiP t n A
4T « t m r x

s-ttve a t o c K i

Saturday,
Mar. 27*

.100
100
t Ball.). 100,
• «•
251

Ate
AIL
Bs

Monday,
N r. 28

and

Tuesday,
Mur. 30.

81Q,

im g..

”
25
M
OS
“
100
PAOttsKlOQ;

“

too;

‘■09ton ;. 25
’*
25

“

■
Prof., can

M
“

At, lop . * t
Adlnstme
Bos ■*- rtfi)

ral g , <
119 95..
I Is

Bondi- Boston,

10%

..
65%
20%
20
212%
212%
161*.
10%
53
71%
73%
7%
17%
09
2 s%
105
8%

59
*71%
12
35
173
5 2%
10l»n
69%
6
11

59
....
72
72
12%
l l Te i l~s
*35
35%
35
178
178% 173%
52%
52% 52%
10% I0 *w lOTp,
70
70%
69%
6
*5%
5%
11%
11% 11%

too
50
50

‘ Prise includes overdue coupon.

262

265

3%
51%
25
7
147
247
28%
165
10
31

30%
10
148
250
29

61%
17
49
5
30

12
33
50
62

50
10
40
53%
i*2*5 127
57%
53% 54%
86
15%

10%

*12%
6 1 % *61%
20 1 20
19%
19%
212%
213
212% 212
160% 160%
'9 %
9%
‘ 56
56
70%
72%
72%
73%
7% ’ .......
17%
92% 92% •
92% 92%
92%
23%
24
23%
23% 23 %
23%
105
106 106 X l0 4 % l0 6
3%
8%
8%
3%
*3%
8%

10%

10%

109% 111%
101 101%
223 224
1 2 0% 12 3
16
16%
1 ....... 375
*60**

6*0*4

*64 ....
*31% 31%
*73
75
•32% 33%
21
21
33% 38%
102 102
14% 14%
X72% 72%
41% 41%
2%
2%
ex dividend.

Bonds.

ask.

.
Range o f sales tt 1 «, 7

110%
101
222
119
15%
370

11078
101%
222%
121%
16%
370

60

60

64
30%
76
33%
22
38%
103
14% 14%

63%
30%
*73
‘ 32%
*21
38%

2%
8*8
t Trust

§ 63
4117
f 107
5 95
§104
I "

3
13
8
26
2
2
4
18
Is
20
3
18
15
5
20
15
a
ft
30
1*‘
7
1
i
1
I
is
18
4
7
3

24,137 109% Mar. 29 118% Mar.
553 100% Jan. 6 105% Mar.
588 205% Jan. 4 227% Feb.
15,062 94% Jan. 2 129 Mar.
24,219
6 Jau. 11 20 Mur.
320 Jan. 2 3 '0 Mar.
60
Jan, 8 6?% Feb.
-™ !
251 59% Mar. 27 62% Jan.
219 22% Mur, 19 31
Feb,
60 21% Mar. 20 33 Jan.
244 63% Apr. 1 67% Fob.
70-5 30% Mar, 29 36% Feb.
1 72 Mar. 3 '1 78 Jan.
*32% 33%
30j 30 Feb. 13 41% Jan.
21
21
5 > 20% Jan. e 23% Feb.
132 38 Mar. 2fi 42 Jan.
•38% 39
*102 102%
104 101% Jau. 2 103 Jau.
14% 14%
2,764 13% Jan, 5 16 Mar.
*72
72%
273 71 Jan. 6 74% Feb.
40% 41
335 40 Fob. 15 17 Jan.
850
2% Feb.
2%
2*8
178 Jan. 5
receipts.
} Trust reo.,all instal paid

3
12
2"
10
is
1
6
15
1
29
24
v
20
18
i
14
2ft
IS
J
12
a

136
1*
4,551
1,384
46
3,136
2 1 ,7 1 8

3,718
621
7,132
110%
101
217
119%
16%
370
*62%
60
*23
*24%
64

111%
102%
222
121%
17
370
65
60
23%
25%
64

Bonds.
65
118
108
98
104%
100

93
96
98 100
55
57
58
55
50
70
1 55 65
§119 120
§128 130
§128
Unstamped, 1st, 6a, 19 33..
70
{ 60
K. C.C.&Spring., 1st, 6g., 1925
§ 79
81
K 0. F .8 .A M . oon .6s, 1928,
* 67
69
K.O. Mem, A B ir.,1st,2s,1927,
§ 120JAJ121
K.
C. St. Jo. * 0 . B., 7a.. 1907,
85
L. Rook & Ft 8., 1st, 7a.. 1905, JAJ § 75
Lonls.,Ev. & 8t.L„ lst,6 g .1926, A&O §103 105
87
2m., 5—6 g ................. 1936, A&O » 85
Mar. H, A Out,, 6 s...... 1925, A AO §107 108
Wexioan Central, 4 g . . . 1911, JAJ § 65% 66
18
17
1st ooneoLlnoomes, 3 g, non-oum
9
8
2d oonBol, lnoom es. 3a, non-omn.
N. Y, A N.Eng,, la t ,7 a ,1905, JA J' §120 121
§U)9
110
ls t m o r t . 6a................. 1905, JAJ
84
Jgden. &L.C,, Oon ,6 a .., 1920, A AO § 82
TTt 15
In o .6 s....................................1 9 2 0 4
Rh tland, ls t ,6 e ............1902,MAN ( l o 5 107
2d. 5s........................... 1 8 9 8 ,FAA § 98 ICO

k %nd accru ed interest.

Htgh-

9% Mar.
12% Mar,
•15 Feb.
37 *• Jan.
12% Mar.
17% Jan .
59 d Jan. 13: 63 Mar.
17 Jan. 12 20% Apr,
17*8 Jan. 71 20 % A or.
209 Jan. 4 217 Mar.
205 Jan. 2 213% Mar.
159% Feh. 9 166 Jan.
9% Mar.
11 Jan.
56 Mar.
58 Mar.
63% Jan.
7s:% Mar.
7 1% Mar.
78% Mar.
7 Mar.
8% Fob,
25% Jau.
16% Mar.
9 1 Jan.
91% Mar.
20% Feh.
30% Jan.
104% Mar.
110% Jau.
. 7% Jan
9 8> Jan.
37 % Jan.
37% Jau.
57 Feb.
61*8 Jau.
67% Jan
72 Apr.
16% Fep,
1 i 4* Mar.
33% Jail,
3 1 Fob.
1 7 6 -s Jan
130 Mar.
51 % Jan.
53% Mur.
10 Mar.
14 Jan.
66% Jan.
74 Mar.
9 Jan.
5% Mar.
8 7a Jan.
13% Mar.

§
5
$
§
§

88
16%
.. .
21
1
%
25
50
8
8%
26% 26%
72
72%
92
92% A t l a n W r i » « ^ L “ MAN 106%
244%
Butfalo Ry. oon. 1st, os...........1931
....
Oatawlsaa, M., 7#.........1900, FAA 108%
2ta Choc. Otela. A G olf, prior lien 6 s.. 105
2%
2 * Citizens’ 8t,R y.of 1nd.,oon.5s.l933
1%
10
3
Columh, St, R y „ 1st, oon. 5 a ..l9 3 2
112 118
Columb. O. OrosBtown, lst,5a,1933
Consol. Tract, o f N. J., lst,5s,1933
*89**
•50 1-00 Oel. A B’ d Br’k, lBt, 7 s .1905,F A A 121%
6
Easton A Am. lstM .,5s.l92 0,M A N 105%
20% Eleo. A People’s Trao, stook, tr, otfa 71%
20
4°8
4 7e Elmir. A Wilm., 1st, 6 b. 1910, JA J . 118%
4
4 * 8 Hostonville M. A F., oon. 5s..1924 114^
7
7% Hunt. A B r'd T op ,C on .58.’95,AAO 107
1
Lehigh Nav. *% s........... 1914, Q—J 110%
%
10
11
2d 6a, gold ....................1397, JAD 103%
%
%
General m ort.4% t , g ,1 9 2 4 .Q —F
15% 16
Lehigh Val.Coai 1st, 5s,g. 1933,JAJ
29% Lehigh Valley, 1st 6s. ..1 898, J AD 105%
29
158 158%
2d 7a....... ................
1910, MAH 129
.........| 30
C o n so l.6 ..................... 1923, JAU 115
......... 65
Newark Passenger, oon. 5 s...1930 107
107 1109 I North Penu. 1st. 4 s ....1 9 3 6 , M.vN 112%
no i 2o | Gen. M. 7s.............................. 1903,JAJ
120
! Paterson Railway, consol. 6 s . . . . . .
23 | 24 : P in ii8y iv aiu a g 8U .68 ,r..l910, Var l “
50 * 51 i Oonsol. 6 » ,o
1905, Var 119%
Consol, 5s, t ........................... 1919,Vat
119
C ollat.T r, 4% g ......... .19 13, JA L
tow *! 80*s
4 4 * Pa, A N, Y. Canal , 7 s ...
i 6,.I AD 123
?R2 I 84
Con. 5s.................................... 10 **0 .AAO

Lowest.
4,340

Bid

tJP. .

Burl, A Mo. Elver E xe a p t 6s,
Non-exempt 6s....... ..1 9 1 8 ,

f Unlisted.

k x .c h a .n o e s

Friday,
Apr. 2.

Thursday,
Apr. 1

*13%
12% 12% •12%
64%
6 1 % 64%
19%
19% 19%
19% 19%
19-% 19%
19%
18% 19%
214% 214% 213% 213% 212 3,
21 :%
212 ' 212
212 212
160 16 > 160%
>160
.......
*9% 10
9%
9%
56
*56
53
56
56
70% 71% 70%
69 \ 70%
72%
71% 72%
72%
72
7%
7
7%
7%
7%

10

D U B IU U U L ll LtJti VTrtO, AtU i l l .

.100
.100
50
50
C ataw lsea.................
st p referred ..........
50
Central O h io .............. (Balt.) 50
Ch oairo A West Mich.iBo
.100
100
Connection!, A Pass..
Connecticut R iver .
100
Co isol Tract, o f N.J.ii (PI
100
DeiawareABoundBr,
100
100
Flint A Pens M arq...(B o
Preferred ...............
100
lleston vllle Paeseng. (P hila .i. 50
50
Preferred r.......... .
50
H oot. A Broad T o p ...
50
preferred.................
Kan. C*j Ft.8. A Mem.CBo
100
Pref erred _________
100
Little Schuylkill.........(Ph.Ua.). 50
100
Mine Hill A 8 .Haven (P hU a.). 50
50
New ueboning V a l. . .
.North American Oo..
100
North Pennsylvania.
50
Or.Sh. Line all aest.pdi /to
100
P en n sylva n ia* N. w . (P h ila .i. 50
Phlladel. * E rie____
‘
50
100
Preterred.
100
100
Preferred.................
100
West E n d ..... . . . . . . . .(B oston;. 50
Preferred . . . . . . . . . .
11
50
United Cos. o f « . J .. (BAs
100
W est J e r s e y ..............
“
50
Western N Y. A Penn
••
100
Wisconsin C entral...(B o*l
100
P r e fe r r e d ..............
*•
1O0
H o •,’ st.N sell.* Rook.
“
to o
MlSCBLUKEOtTB.
A»f
‘
25
An rr. Ky. EL L igh t.. (PhUa.).
satlu A m in s........ (Boston;.

»y L’d.
d o * ....

W ednesday,
Mar. 31.

10%

9%

64** 64*«
18% 10%
v ip h u .l. 25i 19% ISM*
---- 215
(Bmlcnl.lOO:
am
••
1O01 212 212
L u .ld i
am
■*
100 160 160
Maine.
Bo*.
>0
**
100 10
Mae* .
©e«
56
**
100 56
Pi
72%
100
tur.A l|um
O il
ChAi MIL* Bt. P, (P M .). 1U0 72% 7.7%
8
50 “.........
OR* * ,n * 0 .v iit.t,e "
a t 81 R y.of Hull
"
100
92** ’ 92%
92%
ftie h !mr*r p ref.. (S ostonj .100
23% 23%
23%
Lehigh Valley (PhU a,). 50
Metroiwl’ n Trac.tl "
100 106 106
*8%
8%
8%
M e i c* b Oent‘ 1 ( Bouton) .100
New K ugised.,
**
lOt
59** 59*
**59** 59
PteM fted . . . . .
“
100
Sertaurn Central ( B a t .; . 50
11% 12
1*2% 12% "Yt«* u%
Northern PaoIHe (PMla.AOO
3 3 * 33%
34
31
31% 35
Preferred
“
100
1 7 7 % ........ 173
Old Colony. ...('B oston; 100 177% .....
52% 52%
52% 62%
52% 5Z%
P ennsylvania. - .r PhUa.). 50
10 105, , 10Slfi 109
PhlL A Reading.;
*'
50 10^8
69%
69%
69%
70
7'i%
6.4%
Ptuladelph. Trae. “
5C
5%
5%
6
*5%
Onion P a cific... (B oston;. 100
*5%
«%
Onion T ra ctio n ..(P h ilo .). 50
10% 10% 11% 11%
10% U
J IU ce H a o e o u n S to c k * .
Am.MJc'r Re Hu.11(B oston;. . . . 110% 112% 109% 110«8 110% 111
101% 102% 101 102
101 101
P referred .........
“
BeU T eleph one.. “
100 11.24 227% 223 223% 223 223%
1 2 '% 125%
Best A Montana. "
25 126% 126% 124 125
11% IS
17% 17%
16% 17%
Butte & Boston.! “
25
Cniamet A H eola "
25 377% 377% 377% 377% 375 375
67
*......... 69
Canton C o .......... (B a d ,;. 100 *65
59% 60% **60** '*6*0% •60
60%
Consolidated Gas ••
100
24
21
23% 23%
BttOtfttar. Bat’y11(PA«a.).l00
23% 23%
25
25
26
Preferred U
’*
100 26
63% 63%
63% 63%
63% 61
Brie T elephone.(B oston;.100
32
32
32% 32%
30% 30%
Of neral E lectric. “
100
74
73
72
72
Preferred —
100 *73
32% 32%
323s 32%
Illlnoig S te e l. . . .
“
100 *32% 33%
22
21
*21
‘ 21
22
La uson8toreSer. "
50 *20
33
39
33
38
38%
Lohi’ h C o a l A N a v . f / 5 t > *38
102
102
102
N. E. Telephone (B oston;.100
14%
14% 14%
Pa. H e«t,L .A P ow (P A Jta.;....
iT *
14% 14%
73% 73%
73% 73%
Unit'd Gas Imp.fi
•*
50 73% 73%
41% 41 % 42
42% 42%
42
Waisbaoh Light 1- “
f
*2 .......
2%
West Rod L and..(B oston ;
2%
2%
2%
* Bid and asked prices: no sale was no ade.
||L ow est 1s

Frier* o / A pril 2.
At ants A Charlotte (Ba

sto c k

- n o* P e r C e n tu m P r ic e s .

10%

10 »* 10%!

In a c tiv e S t o c k s .

Ba l t im o r e

[V ol. LX1\

P eople’s Trao. trust oerts. 4S..1943
Perkionu-n, 1st se r ,,5 s .l9 1 6 , Q—J
PhUa. A Erie gen, M. 5g,,1920, AAO
Gen. rnort., 4 g . . . . . . .19.20, AAO
Phila A Read, new 4 g „ 1958, JAJ
1st pref. Incom e, 5 g , 1958, Feb 1
2d pref. Incom e, 5 g , 1958, Feb. 1
Sd pref. incom e, 5 g , 19 58,Feb. 1
2d, 5 b............................ 1933, AAO
Oonsol. m ort. 7 s ....... .19 11, JA L
Oonsol.m ort. 6 g .........1911, J A r
Im provem en tM .6 g., 1897, AAO
Oon. M .,5 k,,stem pert,1922, MAN
Terminal os, g .........1941, Q.—F.
Phil. Wilm. A Balt., 48.1917, AAO
Pitts. C. A 8t. L., 7 s ....1 9 0 0 , FAA
Rochester Railway, oon. os ..1930
SohuyLR.E.Side,1st,5 g.1935, JAD
Union Terminal 1st 5 s ....... ..F A A

Bonds,~Baltlmore.

Atlanta AOharl., 1st 7s, 1 9 0 i, J«u
Baltimore Belt, 1st, 58.1990, MAN
Balt. C. Paes. l s t s s . . 1911, MAN
Balt. Traction, 1st 5 s ..1929, MAS
Exten. A im pt. 6s-----1901, MAS
No. Balt. Div., 5 s....... 1942, JA D
Baltimore A Ohio 4 g ., 1935, A A O
Pitts. A OODri., 5 * ,...1 9 2 5 , FAA
Btaten Island, 2d, 5 g .1926, .IA.I
Receivers’ certltlcates, 6 s..J A D
Do. Maryland Ooustruo., 6 s .......
Do. Plttsb. A Connells., 5 s ..J A J

107

.1932, MAN

.....
....

107
73

, 1st 5-6s. 1917, J&J

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

89*fl
6s....................................1904, JAJ
Series A , 5s. . . . . . ---- 1926, JAJ
4 % 8 .............................. 1925, AAO

717a
........

Ill

’ U'KUllU
, IB* MU. .. l!7UU, lit.tx.43
2d Series, 6
s
. . 1911 MtfeS
3d Series, 6a ..............1016, M&8
4th Series, 3*4 -5s.,-..19 21, MifeS
5th Series, 5 s ...... ...1 9 2 6 , M<fe8

105
94%
105%
130%
....

107%

MIS0KLLAN12O08.
Baltimore Water 5 s ... 1916, M&N
Funding 5a................ 1916, M<feN
E xchange S % 8 .......... 1930, JA J
Virginia (State) 3a, new . 1932, J&.)
Funded debt, 2 - 3 s .,...1 9 9 i, j<fej
JhesapeaK© Oas 6 a .. . . . 1900, J<&Lb
)0naol. Oafi, 6 s . . . . m ..» .1 9 1 0 ,

»--«■» ■

121

136”
........

124

96% 96%
lc o
117
105 107
79% 80

118% . . ... .
130
12119
io m j 102
112is 11*3 %
109%
104
121*4
95
114
113
105%
112
100

. —
85
.........
122
96
113 *s
10(i
112%
.........

......... .........
97
98
05
98
112
L13
112
109
108
113
m
103% 104
79% 80
113
94 i4 94 »
108
112
1 1 5 * 116
___
108
103%
89
88
__,__
114
mmuwm
116
114% . . . . .
98
103
107% 107%
115
124
123% 124
106 ^
7 3 % 74
63% 63 ,
106
117%117-li
110 1 1 0 %

THE CHRONICLE.

A pril 3 L897.J
NEW Y O R K S T O C K
Ka il r o a d and
MISCELLANEOUS BONOS,

t>57

E X C H A N G E P R I C E S ( C o n t i u it e i l )— A C T I V E B O N D S A P R I L 2 A N D F O R Y E A R 1 8 9 7 .
Closing Range (sales) in 1897
InVst
Price
Period A p r. 2.
Lowest, j Highest.

Ra i l r o a d a n d
M is c e l l a n e o u s B o n d s.

Olosinq
lnt*8t P rice Range (sales) in 1897,
'Period A pr. 2.
Lowest. | Highest.

107 a. 106 Feb. 109 Jan.
Alex. Internat’l—1st, 4, g .l9 4 2 ,J J A S 69 b. 69 Mar. ! 73 Jan.
Arner. Cotton Oil, d e b .,8 g -l9 0 0 Q - F
76
ulon. Cent.—lst.oon s., 78.1902 M A N 117% 116% Jan. 118 Mar.
74 Jan.
81 ^ Feb.
Amer. Spirit M fg., 1st, 6g.l915 M & S
77^b. 7412 Jan.
Consol., 5s ...................... 1902 M A N 108 %a. 107 Feb. 108 Mar.
8 0 % Feb.
Ann A rbor.—1st, 48, g ....... 1995 Q -J
Minn.ASLL.—1st oon.5s,g.1934 M A N 103 %b. 100 Jan. 103% Feb.
83% Alar.
7912 Jan.
At. T. A S.F.—New gen. 4a. 1995 A A O 80 78
4±%
Mo. K. A E. - 1 s t 5s, g., g o ..1942 A <fc U 91
43 Mar. 49% Feb.
92 Mar. 95% Jan.
Adjustment 4 s ..................1995 Nov.
M. K. A Texas.—1st, 4 s,g. 1990 J A D 83
B’ way<fc7thAv.-lst.con.g.5s’43 J A D 119 b. 116ia Jan. 119% Mar.
82 Jan.
85 Mar.
56%
2d,-*8, g .......................... 1990 F A A
78 Mar.
Brooklyn Elev. 1st, 6 g .--.1 9 2 4 A & O 78%b. 70 Feb.
56 Mar. 63 Jan.
75
78 b. 68 Feb.
78% A pr. Mo. Pao.—l 8t ,c o n ., 6 g.......1920 M A N
Union Elevated.—6 g ___1937 M A N
75 Apr.
87% Jan.
3d, 7 s..................................1906 M A N 1 0 0 a, 98 Mar. 105 Jan.
81 Feb.
76 Apr.
Bklyn Hap. Trans., 5 g — 1945 A A O 76i2
Pac. of Mo.—1st, ex., 4 g .1938 F A A 1 0 0 % 100% Jan. 101% Feb.
B klyn.U n.G as,lst,con.5g. 1945 J & J 1 1 0 1 4 b . 105^4 Jan. 110% Mar.
2d ext. 58....................... 1938 J A J 100 ; 101% Jan. 103% Jan.
B'klynW hrf& W .H—1st,5s,g.’45 F A A 94 b. 91i2 Mar. 101 Jan.
8 t .L .A Ir.M t.ls te x t.,5 s .l8 9 7 F A A 102% 100% Feb. 103% Jan.
108 Jan. 111 Feb.
Canada Southern.—1st,5s, 1906 J & J 110
M
A
»
105
12
2d,
7g ....... .................... 1897 M A N 10<
104
%
Mar.
108
Feb.
2d, 5s. .......
1913
101% Jan. 103% Mar.
Cairo Ark. A Texas, 7g.l8 9 7 J A D 102 b. 98 Jan. 102% Mar.
92% Mar.
90 is Feb.
Cent, of Ga.—Cons., 5s, g.19 45 M A N 91
Q
J
106
b.
Gen.
R’y A lan d gr.,5g. 1931 A A O 71
108
%
Alar.
106is
Apr.
Central o f N. J .—Cons.,7s, 1899
71 Apr.
77% Feb.
ConsoL. 7s ....................... 1902 M & N 115 %b. 115 Mar. 115% Mar. Mobile A Ohio—New 6 g ...1 9 2 7 J A D 119 b 117 Jan. 119 Feb.
66%
General m ortgage, 4 b 1938 M A S
110 Mar 118 Feb.
General m ortgage, 5 g ... 1987 J & J 110
65% Mar. 68% Feb.
9 12a. 90 Apr. 104% Feb.
Nash. Ch. A St.L .—1st, 7 s.. 1913 J & J 129% 127% Jan. 130 Mar.
Leh.A W. B.,oon.,7s,as’d. 1900 Q—M
Oonsoi., 5 g ........................19 '8 -A A O 100
44
m ortgage5s.l912 M A N 78 a. 78 Mar. 90 Feb.
100 J an. 102% Mar.
N. Y. Central—Deb text. 4 b. 1905 M A N 103%b 101% Jan. 104% Mar.
Am. Dock A Im p., 5 s ___1921 J & J 114 b. 114 Mar. 116% Feb.
J
&
J
102i8b.
100
Jan.
1st, coupon, 7 s................. 1903 J & J 120 b. 117% Jan. 121 Mar.
102%
Apr.
Central Paoitio.—Gold, 6s. 1898
D eben.,58,coup., 18 84.. 1904 M A 8 108% 106 Mar. 10,1 Mar.
E xten 5 g. ......................1898 J Sc J 10078b. 9934 Jan. 101% Mar.
N. Y. A Harlem, 7s, reg,.1900 M A N
Odes. A Ohio.—Ser. A, 6 g ..l9 0 s A A O 118 b. 119 Jan. 12 L% Mar.
111% Feb. 114 Mar.
R. W. A Ogd., consols, os. 1922 A A O 117%b. 117% Jan. 121 Feb.
Mortgage, 6 g . . . .............. 1911 A & O 11714 b. I I 8 I2 Jan. 121 Mar.
M
<
fe
N
I
l
l
1075%
Jan.
W estShore, guar., 4 s ....2361 J A J 107% 105 Jan. 108 Feb.
lstoon so l.,5 g................ ..1 939
111% Mar.
N. Y. Chic. A 8 t. L.—4 g ...l 9 3 7 A A O 103% 103% Jan. 106% Mar.
72 Mar. 7 6 7s Feb.
General 4%s, g ................ 1992 M A 8 73
R.A A. Div., lsto o n ., 4g. 1989 J & J 101 b. 97 Jan. 104% Mar. i N. Y. Lack. A W.—1 st, 6 s .. 1 9 2 1 J A J 130 b. 136 Mar. 136% M ar.
"
2d con. 4 g .. 1989, J & J 90 b. 86 Jan.
92 Mar. ! Construction, 5s............. 1923 F A A 116%b. 116% Mar. :118 Jan.
115 Jan. 118 M-tr. N.Y. N. H. A H .—Con. deb. ctfs. A A O 137%b. 132% Feb. 1140 Mar.
Ohio. Burl. & Q. Con. 7 s .l9 o 3 J A J 1 I 8
93 %l>. 8 8 % Jan. ! 96 Feb.
Debenture, 5 s.................. 1913 ,
A N 100 b. 97 Jan. 100 Mar. N.Y. Out. A W.—Ref. 4s, g.1992 M A S
101
a.
109 b. 108% Feb. 110 Mar.
99*4 Mar. 1 0 2 % Mar.
Consol., 1st, 58, g ........ ..1 9 3 9 !J A D
Convertible 5 s................. 1903; M A 5 „
Denver Division 4 s......... 1922 f A a ; 94 b. 93 Feb. I 96% Jan.
N.Y.Sus.A W .lstref.,5s, g.1937 J A J 1 0 1 %b. 100 Jan. 103% Jan.
Gen. 5 g ............................1940 F A A
71
Nebraska Extension, 48.1927 ^ A N 91
8714 Jan. 1 91% Mar.
74% Jan.
70% Feb.
Midland o f N. J., 6 s, g ,..19 10i a A o 1161!
Han. A: St. Jos.—Cons.6s.1911 ^ A ^ 118 b. U S Mar. 121 Feb.
116% Apr. 119% Jan.
Nor.
AW
.
Ry.—
1
st,
cons.,4g.
96,
A
A
O
72
! l l l % Mar. 115 A pr.
Ohio. A E. 111.—lst.s. r. 68.1907 J A O 115
70 Mar. 74% Mar.
ConsoL 6 g ......................... 19341A A O 124 b. 124 Apr. 124% Jan.
No. Pacitic— 1 st, ooup. 6 g . 1921 *J A J 116 b. 113 Jan. 116 34 Mar.
86%
Prior lien, ry. A l.g. 4 , g.1997 Q ~^
9878 Feb. 101% Mar.
General consol., 1st 5 s.. 1937 M & N 100
85% Jan.
885s Mar.
54
Chicago & Erie.—1st, 5g . 1982 M A N 111% llO is Jan. 112 Jan.
General lien 3 g ..............2047 Q —F
56% Feb.
51% Jan.
Ohio. GasL. A C .— 1s t ,5 g .. 1937; J
A J 96 %b. 93 Jan.
96% Mar. 1 No. Paoitio Ter. Co—6 g __ 1938 J A J 108 %b. 104% Jan. 110 Mar.
Ohio. MI1.&8 t. P.—Con-vs. 1905| J
& •)
134 128 Jau. 13434 Mar. Ohio A Miss.—C on.s.f„ 7s. 1898 J A J 104% 104 Mar. 104% Mar.
90 a. 83% Feb.
1st, SouthwestDIV., 0 8 ..1909| J * J| 1 1 6 1 1 5 .Jan. 117% Jan.
Ohio Southern—1st, 6 g . .. 1921 J A D
90 Jan.
1st, So. Mina. Div., 0S..191OSJ A J U 7 tib .: 11513 Jan. 118 Jan.
General mortgage, 4 g ..l9 2 1 jM A N 10 b
9% Mar. 115 Jan.
86 b. 185% Mar. 90% Jan.
L8t.Ch.4tPae. W. D iv .o s.. 19211J * J; U 5 * 8 » .!ll2 Jan. 115 Alar. Oregonlm pr. Co.—1st 0 g .. 1910 J A D
Consol., 5 g ...................... 1 939 A A O
20 j 15 Feb. 119 % Mar.
Chlo.&M o. Rlv.Div.,58..1920i J * J 109<sD.! 1001, Jan. 110% Mar.
Wise. & Minn., Div ,5 g ... 1921 J A J 113 %a. 110% Jan. 113% Mar. Ore. R.A Nav. Co.—1 st, 6 g. 1909 J A J 113% 110 Jan. 113% Mar.
Term inal,5g.................... 1914 J
A J| 112%b.110% Jan. 113 Apr.
RR. A Nav. consol., 4 g.19 46 J A D 82 b. 80 Jan.
84 Feb.
Gen. M., 4g., series A . . -.1 989
A J '101 b. 96 Jan. 10234 Mar. Penn. Co.—4 %g, co u p ....... 1921
110
Jan.
109% Jan. I l l
Mil. & Nor.—ist.con .,68 1913| J
A D 119 b 118 J
101
Peo. Dec. A E vansv .—6 g.1920
i118% Feb.
100 Jan. 104 Feb.
Evans. Division, 6 g ....... 1920
Chic. A N. Pao., 1st, 5 g .... 1940 A A \J * 42 ia 1140 Jan. It 44 Jau.
98
100 Fsb. 106 Feb.
142 %b. 140 Jan. 1143 Apr.
2d m ortage, 5 g .................1926
Chic. A N. W.—C onsol.,7s. 1915 Q - F
27% Jan
27 Jan.
t 80% t79% Apr. t82 Feb
Coupon, gold, 7 s ............ 1902 J A D 11912 116 Jan. 120 Apr.
Phila. A Read.—Gen., 4 g ..l9 5 8
*t 41 a. 139 Apr. 148 Jan.
Sinking fuud, 6s ............1929 A A u 116 b .lll4 Jan. ! 119 Alar.
1st pf. ino., 5 g, all Inst, p d /5 8
2d p f.lu o.,5 g., allinst. p d.’5S
Sinking!und, 5 s ............ 1929 A A O 108% 108% A.pr 112 Mar.
130 Mar. +3638 Jan
3d pf.ino., 5 g., all inst. p d /5 8
Sinking fu u d ,d eb eu .,5 s.l9 3 3 M A N 113
t 30% Mar. 134% Jan.
1 10®8 Jan. 113 Apr.
Pitts. Sh. A L. E., 1st, 5 g.1940 A A O 99 b. 95 Jan. 102% Mar.
25-year debenture, 5 s... 1909 M A N 109 b. 106 Jan. 109% Apr.
Pittsburg A Western—4 g .l 9 1 7 J A J 73 a. 70 Mar. 74% Jan.
Extension, 4s ................. 1926 F A A 101 b. 101 Jau. 103% Feb.
Mil. L. Sh. & W., 1st, Og. 1921 M A N 134
Rio Gr. Western—1st 4 g .. 1939 J A J 72%a. 70% Mar. 74% Feb.
131% Jan. 134 Apr.
St. Jo. A Gr. Island —6 g . . 1925 M A N
E xten. a Im p., 5 g ___ 1929 F A A 112 b. 112 Mar. 115 Jau.
54% t47% Jan. 154 Mar.
Ohio. R.I. A Pao.—6s,coup. 1917 J & J 13014b. L28% Jau. 131 Mar. St. L. A San Fr.—6 g. Cl. B .19 06 M A N 114%b. 112 Jan. 115% Feb.
Extension and ool.f 5 s ...1 934 J A J 10438 101% Jan. 105% Mar.
General mortgage, 6 g .. 1931 J A J I l l a. 108% Jan. 112% Feb.
General, 5 g .....................1931 J A J
30-year d eben tu re,5s... 1921 M A 8 *94 b. 93 Jan.
95%b. 94% Jan.
99% Feb.
98% Feb.
Chic. St. P. M. A 0 . - 6 8 . . . 1930 J A D 130 b. 126 Jan. 131% Alar.
Railroad, 4 g ....................1996 J A J
68%
66 % Feb.
62 % J an.
Chlc.A W.Ind.—Gen.,g.,0s. 1932 Q -M 116i2b. 110 Mar. 117% Jan.
St. L. A So. W.—1st, 48, g.19 89 M A N
65%
70 Jan.
59% Apr.
Ulev. Lor. & Wheel.—5 s ... 1933 A A O
2d, 4s, g., in c o m e ...........i9 6 0 J A J
20
102 Jan. 102 Jau.
28 Jan.
15 Apr.
0. C. C. A 1.—Consol. 7g ... 1914 J A U 1333s 131% Jan. 133% Apr. St.P.M.AM.—D ak .E x.,6g,191 0 M A N 121% 116% Jan. 121% Apr.
General, consol., 6 g ___1934 J A J 123 iab. 123% Jau. 124 Jan.
1st ConsoL, 6 g ._ ............. 1933 J A J 124%b. 123 Jan. 124% Feb.
0 . 0.LVfcSt.L.-Feo..v E..4 m. 1940 A A U 70 b. 70 Mar. 75 Jau.
reduced to 4% g .. J A J 106%a. 102% Jan. 107 M ar.
OoL Midland—Cons., 4 g. .1940 F A A I 14
92
Montana e x te n s io n s g . 1937 J A D
92% M ar.
114 Mar. 117 Jan.
87% Jan.
San. Ant. A A. P.—lst,4 g .,g u .’43 J A J
GoL A 9th Ave. gu. 5s, g.,1 9 9 3 M A S *115%b. 115% Mar. 118 Feb.
58%
59 % M a r.
54% Jan.
80 . Car. A Ga.—1st, o g . . . l 919 M A N
92 b. 87% Feb.
001. H. V al. A Tol.—Con.,og. 1931 M A s
71 b. 03 Feb.
92% Mar.
8 8 % Jan.
General, 6 g .......................1904 J A U
92 b. 90 Feb.
50 b 49% Feb.
So.Paoitio, Ariz.—6 g ... 1909 -10 J A J
94% Jan.
87 Jan.
Denv.dt KioGr. — 1st, 7s,g. 1900 M A S 112 b. 111 Jau. 112% Mar. So. Paoitio, Oal.—6 g . . . 1905-12 A A u
108 Jan. 108 Jan..
1st consol., 4 g..................1936 J A J 88i8b. 88 Jan.
1st oonsoi.. gold, 5 g ....... 1937 A A O
83%b. 85 Feb.
89 Jan.
88 Mar
So. Paoitio, N. M.—6 g ...... 1 9 1 1 J A J 10 6\
Dul. A Iron R’ge—1st, 5s. 1937 A A O 97i2b. 99% Feb. 101% Jan.
102 Jan. 105 Feb.
Dai. So. Sh, A AtL—5 g ,... 1937 J A J 101 b. 99% Jan. 102 Feb.
Southern—1st cons, g, 5s. 1994 J A J
89
87% Mar. 91 Jan.
Edison El. 111. —lst,con.g.5s.,9 5 iJ A
E. Tenn.reorg. Ilea-1-58.1938 M A S
109 b. 10478 Jan. 110 Mar.
89% Jan.
8 6 % Mar.
Erie—4, g, prior bon ds__ 1996 J A>
E. T. V. A G .—1st,7 £ ....1 9 0 0 J A J 109 b. 107% Jan. 109% Mar
94 b. 93% Jan.
95% Feb.
General, 3-4, g . ...............1996 J A
Con. 5 g ......................... 1956 M A N 109
06% Feb.
62% Jan.
6 4 12
107 Jan. 1093a Mar.
Erie Ry.—1st, oon., 7 g . . 1920 M A
139 b. 139 % Mar. 143% Feb.
Georgia Pao. 1st5 -6 s ,g .,1922 J A J 115 b. 107% Jan. 114% Mar.
K noxv. A Ohio I s t 6 s ,g ..l9 2 5 J A J 114%a. 112 Jan. 115 Feb.
L’g D ock, oonsoi., 6 g. 1935 A A O *131 b. 133% Jan. 130 Mar.
Ft. W. A Den. City.—4-6 g.1921 J A U
Rich. ADanv. oon. 6 s,g.. 1915 J A J
56%o. 53 J an.
59% Mar.
117% Jan. 122% Mar.
Gai.H. &8an.An-M.AP.D. lst,5g M A S
W
eat.No.Carl 8to o n . 08 , g l 9 i 4 J A J 114 b. 111% Jan. 114% Mar.
91%
Feb.
89%
Jan.
90%
Gen. E lectric.deb. 5s, g . . . 1922 J A U
67%
96 b. 90% Jan.
90% Mar. Standard R opeAT..l st.6g.1940 F A A
65 Mar. 79% Jan.
Hons, a T. Cent. gen. 4s, g.1921 A A O 64 b. 06 Jan.
80 b. 82 Jan.
88% Mar.
70 Mar. Term. 0 . 1. A R y—Ten. D .lst, 0 g A A u
Qlluols Central.—4s, g.......1953 M A S *100 b. 99% Jan. 103 Jan.
89 Mar.
Birmingham Div., 6 g . . . 1917 J A J 8 6 b. 85 Jan.
Western Lines, 1st, 4s, g.1951 F A A
90 Feb.
85% Jan.
100% Feb. 103% Mar. Texas & Paolflo—1st, o g ..2 0 0 0 J A D 8 8 %
d, inoome, 5 g ............... 200u March
20
lnt.JtGreat 'rfor.— Lst,0H,g 1919 M A S 11912 a. 117% Jan. 119% Jan.
18% Mar. 23 Jan.
2d, 4 i2-5s...........................1909 M A 8 7712 a. 73 Jan.
80 Feb. To do & Ohio Gent.—5 g . . 1935 J A J 100 b. 102 Mar. 108 Feb.
Iow a Central.—1st,5 g ___1938 J A U 92
Tol. ,L. A K a n .0 .—6 g..,191t> J A D f 67%b. t 67% Mar. t75 Feb.
92 Mar. 97% Jan.
Kings Co. E lev.—1st,og .1925 J A J 48 b. 44 Feb. 50% Mar. Union aoltio—0 g .............. 1893 J A J 102 b. 101% Mar. 105 Feb.
95 Feb.
E xt .6 1 king fund, 8 ........1899 M A 8 f *91%a 85 Jan.
Laolede Gas.—1st, 5 s ,g ... 1919 Q - F
95% Mar.
93% Jan.
95%
Collateral trust, 4%........1918 M A N j 50 a. 149% Jan. 150 Jan.
Lake Erie a West.—5 g ___1937 J A J 116 b. 113% Jan. 115% Feb.
Gold 6 s, 00 L trust notes.1894 F A A *101%b. 99 Feb 102% Mar
L. Shore. -C on ,op., 1st, 7s. 1900 J A J 113
110% Jan* 113% Mar.
San. P a o .-D e n .D iv .,6 g .l8 9 y M A N 110 b. 113% Jan. 117 Mar
Oonsoi. ooup., 2d, 7s.......1903 J A D 123 %b. 119 Jan. 124% Mar.
lstoon soL , 6 g . . . ........ 1919 M A N f 73
Lex. Av. A Pav. F. gu. 5s,g 1993 M A S 116
167 Jan. 178 Jan
115% Mar. 118 Feb.
Oregon
Short Line —8 g . 1922 F A A t ll5 %
1111% Jan. 119 Mar
117%
Jan.
Long Island.—1st con., o g .1931 Q - J
117 b. 113 Jan.
Or.S.UAUt’hN.—O on.,5gl919 A A u t 74% 163% Jan. t77% Mar
8 8 % Mar.
General m o rtg a g e ,4 g ... 1938 J A D 87%b. 76% Jan.
U
.P
.D
en.A
G
ulf,oon
.,5g.l939
J
A
D
33%b.
33% Mar. 37 Feb
100%
Mar.
Louis, a Nash.—Cons. 7 s .. 1898 A A O 102 %b. 102% Apr.
ft.O a Mobile, 1st, 6 g ... 1930
A J 1 2 0 ^a. 110 Jail. 120% Alar. U. S. Leather—S F-deb.6g.1913 M A N 113 b. 111% Jan. 114 Feb
Virginia
Mid.—Gen.
5
s.l9
3
6
M
A
N
10L
100
Jan. 103% Mar
103%
Mar.
44
“
2d, 6g. 1930
A J 103 b. 98% Jan.
Wabash—1st, 5 g ................ .9 3 9 M A N 105
104 Mar. 107% Jan
General, 6 g .......................1930
A D 116ieb. 115% Jan. 117 Feb.
2d
m
ortgage,
5
g..............
1939
F
A
A
64
04
Mar. 73% Jan
81
Feb.
Uni tied, 4 g .........................1940
A J 78 b. 78% Jau.
25 Jan
Deben., Series B ............ 1939 J Sc J * 19 b. 19 Mar.
Louis,N. A. & Oh.—1st, 6s . 19 10
A -J * l l 2 %b. 111 Jan. 112% Mar.
107% Mar
104%
Jan.
W
estN.
Y.
A
Pa.—1st,
5
g
.
1937
J
A
J
106%b.
Consol., 6g, tr. receip ts.1916 A A O 84 a. 182 Jan. t85 Jan.
50 F eb |
Gen. 2-3-4s, gold .............1943 A A O 47 %b. 46% Jan.
92 Apr. i 95% Feb.
Manhattan oonsoi. 4s....... 1990 A A O 92%
Metro. E levated.- let, 6 g .l9 0 8 J A J llM %b. 11638 Jan. 119% Mar. W est.U n .T el.-O ol.tr. 5 s ..1938 J A J 107%b. 106% Jan. 107% Mar* 1
13 4 Apr. ,t 40 M a r i
2 d .6 s .................................1899 M A N 107 b. 105 Jan. 107 Mar. Wlso. Cent. Co 1st 5 * ...1 9 3 7 J A J 1 34
Note .—^'n>” indicates p rice bid; “ a” price asked; the range is made np from actual sales only.
N .I

Y O R K STOCK

iiSEOURITIRB

Bid.

* Latest price this week,

K X C I I A N U E P R I C E S — ( C o n t in n e c l) .— I N A C T I V E
A sh .

SECURITIES.

Balt. A Ohio—
R a ilr o a d R o n d s .
5s, g o l d ................................ -1925
<Stock Excha.nge Prices.)
Cons, mort., gold, 5s............ 1988
W Va. At P it t s .-' st, g., 5s.. 1990
Alabama Mid.—1st,g ^ g u a r.. 1928
B. * O. 8 . W., 1st, g., 4 *8 3 . ..1990
Atoii. Topeka A San Fran.—
Motion. River, 1st,g., g .5 s .. 1919
Jhicago A St. Lou.—1st. 6 s. 1915 -60
C enflO U io Reor.—Ist,4>as.l930
Col. Mid. 1st, g., 6 s, asstd .1936
A.k.&CU.Juno.—1st,g,5s,gu. 1930
1 0 2 *"
Atl. A Pao.—2d W. D., gu. 08.? 007 *
% Brooklyn Elevated—2d, 5 s.. .1915
Western Division incom e.. 1910
S e a sid e * B.B.—1st,g,5s,gu. 1942
B Alt. A Ohio— 1st, 6 s, Park B.1919 i'o'9%

Bid.

ask.

BONDS

t Trust receipts.

A P R IL

2

SECURITIES.

Brunswick A W’n—1st, g., 4 s .1938
Buff. Roob. A Pitts.—Gen. 5s..1937
90% 91
Rooh. A P ., 1st, 6 s............... 1921
*90
Rooh. A Pitts.—Cons. 1st,6s. 1922
.......
Bull. A Busqueh.—1st, 5s, g 1913
Burl.
Oed. Rap. A No. 1st, 5s. 1906
.......
Consol. A oollat. trust, 5 s.. 1934
*98%
Minn. A St. L.—1st, 7 s ,g u .. 1927
Ced. Rap. I. F. A N „ 1st, 6s. 1920
43% 44**
1st. 5 s .................. ...... .........1921

Bid.

Ash.

*97** I'oo”
122
119% 120
106% 108
103%
103
100

THE CHRONICLE,

*ti&8

SKW

VOilK. STOCK EXCHANGE I’ BICBS.-IiVAOTIVE

s k o u r it ik b .

Bid.

Auk.

O o!.A Cln.M .lst,4% *.19gt
U OM
93
KT, -* k . .« Rank -O o l. g 6a /i9 9
94
US
•Oeoil R r 'd t O * - - l « , £ *
s>r*T liiooiMC** j?** 5* * * * * }f}fl
M , m e t ineem e, g*»6s .....H M o j
—Voiv%. tielt.f ©tt.iiRJH 108 i . . . .
Cw,t.
0om i8.69.t898 102% 102%
Ex', e, ft*, serif** A I! C I) ,.18?8| 1 0 0 % !....
18981 100% . . . .
Qolil 5g , E e r ie * JE.. . . . . . —
101 .........
iU n Jo a u u m B r.,6 s ..............
M on. goW f t * ................. ****i“ 2X *99 slOO
______
.1900
C n d grant, 5*. g—. . .
Cat A
*O
O.. Div., e x !!,, g. 5*. ••JSiS
Faclflo—Bonds, 8* . . . . 1899
Ho. Railway (Oa'.l—1 s t,flu.1907 I f 3 103%
*87%
50-vear ft*.
..............
GsnL Washington—1st, g.»
103%
105
Casa, A O.—par. M, fu n d ,8 a .1898
95
f*r»tg V alley—1*1. g., 8 8 ....1 9 4 0
arariP Bor. VAl., l* t , g. 5*..1041
i
o
T
’
99%
Kill. L.A Big Sandy—0 .
Ose*. 0 . * S 0.W e * t .- l 8t 6*, g.1911
*d, 6s ....................................... J911
Ok. Y.-Geri.oon.l8t,gu.g,5B.1938
0 6leavo * Alton—9. F., Gs. -.1903 115
110%
Louis. & Mo. R iver—1st, Ts.1900
8d, 7 s.................................... 1900 •109
St. JL Jacks. & Civic.—2d, 76.1898 104 k,
Miw.R. B r i ( l g e - l » t ,s .l .,88.1912 •98%
Ohio Bari. A Nor.—1st, 5 $ ....1 9 2 6 '102%
Ohio. Barling. * Q.—5s, s. f- 1 9 0 1 •105
lu v f) Div.—3mk. fm n i,5 a .. 1919 1051s
98 ICO
xta l-.-g (a n d ,49............
1919
Plain, 4a.................................. 1921 '8 9
Chicago A Iow a D iv.—5 s .-.1905
100%
C vie, A Indiana Coal—1st 58.1938
O i l . Mil. A St. P.—l6t,8a,P.D .1898 104%
2 1 ,7 3-108, P. D ....................1898 130 i s i %
lat, 7a, § g., R. D ....................1902 131
l* t ,I . A M .,78.......................1897 130
l« t , 1. A D „ 7 e .......................1899 130
1M ,C. A M .,7 s .......................1903 '131
l« t , I. A D. Extension, 78. ..i9 0 8 1334s
1st, La C. A Dav., 5 a . . . . . . . 1919 110
130
1st, H .A D „ 7 a .....................1910
1st, H. A D .,5 » ..................... 1910 109
1
20
Ohleaco A Pacific D iv., 6 s .. 1910 118
Mineral P oint D iv. 5 s...........1910 108 109
0. A L . 8np. D iv., 5a............ 1921 108
Vargo A Bout*., 6s, A8SU...1924
Iso. conv. sink, la n d , 5s-----1916
110%
Dakota A Gt. Bouth., 5 b. . . . 1916
MIL A Nor. m ainlin e—6 b. . . 1910 '119%
Ohle.ANorw.—30-yeardeii.58.1921 •111
Ksoanaba A L. S. let, 6 s . . . . 1901 107%
OsaM. A Mian.—le t ,7 a — 1907
liw a Midland—la t. 8a.........1900
Ovio. A Milwaukee—1st, 7s. 1898 104
128%
W,.n. A 8t. P .- 2 d , 7a............. 1907
MIL A Mad.—le t. 6b............ 1905
Ott, 0. P. A St. P.—lat, 5s. 1909 107%
Northern D l - l a t , 58........... 1910 '107
MILL. 8. AW.—C oa.deb.,58.1907 •104
Mieh. D iv., 1st, 6s.............. 1924 129% 130
Ashland Division—1st, 6a 1925 125
O h .a i.A P —D.M ,AF.D.lBt 46.1905
66
let, 2%a................................1905
Extension, 4a.....................1905
Keokuk A Dea KL—le t ,5 s .. 1923 102 104
Ohio.8L P. A Minn.—1st,6 s ...1918 129
Bt. Panl AB. C.—1st, 6a....... 1919 129
0 lie. A W. Ind.—1st, s, f „ 6 s .1919
General m ortgage, 6s .......... 1932 i i '4%
Ohio. A West. Mlon.—5e.........1921
Oln Ham. A D.—Oon. a. L , 7a.l905
»d . gold, 41*8.......................... 1937
Oln. D. A Ir'u —lBt.gn. 5s,.g,1941 110
OJev, 4k. A Col.—Eq. A 2d 68.1930
68
Clev.ACan.—Xr.otfa.forl8t5a.1917
O.C.C. &BL L.—Wen., g. 48.. 1993
Cairo division, 4a............ ...1 9 3 9
8 tL o a .D !v .—latO0l.t»'t4a,g.l99O
85%
spring. ACoLBiv.—lst,g. 4a. 1940
WhltoW.Val.Dlv.—lst,g. 4a. 1940
87
90
CHn.Wab, AM .Div.—lat,g. 4s. 199 1
Oln. 1. Bt. L. A C.—let,g.,48.1936 101
Consol ,6 a ............................... 1920
Oin.8ajn.ACl.—Con.laLg.5B, 1928 i ‘o T
Indiana B. A W .—la t pf,7».1900
Ohio In d .A W .-lstp ra f.B a .. 1938
12
Poor. A E a s t —Incom e 4a -1 9 B 0
20
C. Col c m . A lad .—1st, 7B,8.f.l89»
Consol, sink. fund. 7s...........1914
Oln. ASpr.—1at ,C. GO, At. 7 b. 1901
Cleve. Lorain A Wh.—la t, 58.1933
(Jleve A Mah. V.—Gold, 5 s .-.1938
Doi. Lack. A W ,—Mori. 7 a ....1 907 126 129
Byra. Bing. A N. Y .—le t, 7S.1906
128
Morris A Essex—lat, 7 s___1914
145
Honda, 7a............ ................ 1900 110
T aof 1871................
1901 112
1st, oon., guar.. 7s............. 1915
141
Warren—2d, 7 a ..................... 1900
1331*1
D.
AH.Can.—Pa.DtVi.ooap.7a.19i7
HO 143%!
Albany * Baaq —lst,ga.,7s.l906| 121%
Iftl* ©'0U8. * guar., 6s.- *.....1 9 0 6
116%|
& Bar.
•. 7*.1921, 146%
0&mf» Tr&w’w ay—Con». ( a , g . 1910
wSOfetOJ*-Vi. El
v.6%1911
l5a... 18281
Demt* * ’ Bl 0. limps,
DoteM. At M.—L,
vr.A .lH li, IS
21
ilea, 4 X.K..1995!
Det. & Mack.
■55 "
105
hre
'1164 1120
111 \ll3 h
1154 H8*j
•101
*135 ]138*
B. N
137%
/*!)»

104 L
‘ 105

8ECURITLEB.

BONDS—(GoitiinuidJ ~ABRIL

Bid.

Ask.

■ '.v»n«. A T .H .—lat, oona., 68.1921 111 112
80
*t, general, v.. 5 s ................ 1942
■It. V«H«n!i le t 6t?....................1923
! <al. Co. Br. le t, g., 5a.......... 1930
E -ana. A Indian.—1st, 00HB..1926
sFHot A P. M a rq u e tte116
M ort.,flf....... ...........................1920
lat, oon. gold, 6 a ...................1939 *30
73%
Pt. Huron D iv,—la t, 5a ....1 9 3 9
i ria. Con A Pen.—1st g. 5s— 1918
I la t oon. g., 5 s .........................1943
42
Ft, Worth A R. G.— 1St g., 5 a ..1928
100
! Dal. Bar. A Ban Ant.—1st, 6s. 1910
2d rnorl., 7s..................
1905 ‘ 95%
Wa. Oar. A Nor.—la t, gu. 5s, g.1929
Hoosatonlo—Cons, gold 5a— 1937 123
N .H avenA D erhy, Cohb.5 s , 1918
Hoaa. A T exas Central—
W aco A N. 7 s....................... 1903- 125
le t g., 5s lint. g t d l ..............1937 109%
Cons. g. 6a (lat. g td ).............1912 101
Iicbent. 6s, prin. & InL gtd.1897 •92
95 100
Dabeut. 4a, prin. A l n t gtd.1897
Httnois Central­
112
is t , g., 4a................................ 1951
le t . gold, 3 % s ........................1951 100
Gold 4s ...................................1952 100
99
2-10 g., 4 s .............................. 1904
Cairo Bridge—4a................... 1950
Bprlngf, Div.—Coup., 6 s-----1898
M iddle D iv .-B e g ., 5s.......... 1921
G Bt. L .& N . O.—Ten. 1.,7a. 1897 104
lat, oonaol.,78....................1 8 9 7
Gold, 5a, co u p o n ------ ------ 1951 120’
Meuip, Div., la t g. 4 s ....... 1951
B ellv.A So. 111., gu., g., 4% s.l397 *1 0 6 '
Oed. Falla A Minn.—1st, 7a.. 1907
ln d . D. A Spr.—la t 7s, 1906, trust
reets., ox bon ds.............................
Ind. Doo. A W.—1st, g., 5s___1935 101
Ind. Ills. A Iowa.—1st, g, 4s.. 1939
1st, ext., g. oa. ..................... 1943
31
Bit, A G. N’n —3d, 4a, g ........ 1921
42
40
Brings C o.-F.E l.,1st,5,g.,gu. A. 1929
101
101%
Lake Erie A W e s t.-2 d g ,, oa.1941
Nortli’ n Ohio—1st, gu. g. 58.1945 101 102
L. S. A M.Sou.—B .A E .—N e w 7 s .’ 98
Det. M. A T.—1st, 7s............ 1906 120
111
Lake Shore—Div. bonds, 7a.1899
Kal, A ll. A G. R.—la t ga. 5s, 1938 114'
Mahon’g Coal R R .—ls t, 5s. 1934 110%
97
LehlghV.^N. Y . - l s t gu.g.4%3.1940
Lehigh Y. Term,—lat- ga. 5s,g.l9 41 107%
Lehigh V'y Coal—1st os,g u .g.l933
92%
Lehigh A N.Y.—1st, gu. g. 4S.1945
E lm iraC .A N .,lst.g.latpI.6s.l914
Guar., gold, 5s............ ...... 19L4
liltohl. Oar. A W e st—1st 6s. g.1916
Little R ook A M.—1st, 5s, g ..l9 3 7
L ong Island—
1st, 7 s ........................ ............ 1898 106
84
82
Ferry, 1st, £., 4% s................1922
Gold 4 a ....;........................... 1932
N. Y. A R’ way B . - l s t , g . 5S.1927 98
2d m ortg., In o..................... 1927
42l#
35
K. Y.B.&M.B.—1st oon. 5s,g.l9 35 102% 108%
BrookTnAMontauk— lst,6 s.l9 1 1
1st, 5 s ...................................1911
No. Shore Br.—Istoon .5 a ,g .l9 3 2
Louis. Evans. A St. L .—Con.5s. 1939
30
Loots. ANash.—Cecil. Br. 7 8 -1 9 0 7
110
E. H. A Nash.—1st 6s, g ....l 9 1 9 113%
Penaaeoia Division, 6 s.........1920 100
Bt. Louis Division., 1st, 6s. ..1 921
Sfl
1Q«A
Naahv. &De'eaiui^-i'st, 7 s !‘ 1900 107
O. f „ 6 s .- 8 . A N. A la .............1910
50-year 5s, g .,.........................1937 *95
99
Pans. A A t .- 1st, 6s, g o ld .. .1921
96% 100
Coilat. trust, 5s, g ................ 1931 100
G A N . A M.&M.—la t,g „4 % sl9 4 5 104
Nash.Fhir.A8.—1st, gu., 5s, 1937
Kentucky Central—4s, g . . . 1987 "85% 87
L. A N .—Lou.O.&L.—g. 4%s,1931 •105%
vyOU. AJeii.BdgaCo.—Gu.g,4a. 1945
Lou.N.Alh.AOh.—G en.m .g.5s.l940
43
Memphis A OharL—6s, g o l d - 1924
M exican C en t Consol.— la, g,1911
1st, oona. incom e 3s, g ........ 1939
M exican National—la t,g ., 6s. 1927
2d, inoouve, 6a, “ A” ...............1917
2d, incom e, 6s, “ B ” ............ 1917
Michigan Central—6 s...............1909
C oupon,5s............................1 9 3 1 117
M ortgage 4 s.......................... .1940 •103
B a t e . AStrgis.—1st,3s,g.gu,19S9
Minn. A Bt. L .- l a t , g. 7 s /........1927
149
Iow a Extension, 1st,7s.......1909
Bouthweat E xt,—1st, 7s.......1910
Pacitio Ext.—1st, 6 a .............1921 121%
M o.K .A T ex.—1st, ext,, 5s, g.1914
Mo.K. A T .olT ex. 1st, gu.5a.g. 1942
Kansas City A P .,l8t,4a,g..X 9 90
74
Dal, A Waco—1st, 5s, g u .— 1940
76%
Missouri Paoihe—Trust 5 s ...1 9 1 7 *51
la t ooiL, 5a, g ........................ 1920
50
81 L.A1. M .-A rk .B r.,lst,7 s.l8 9 5
104
Mobile A Ohio—1st ex t., 68... 1927
SL L. A Cairo—4s, guar....... 1931 *82
Morgan's La, A T,—la t, 6 a ....1920 114
le t, 7s.......... ............................ 1018 121%
Nash. Chat. A St. L.—2d, 6 s ..1901
N. O. A. No. L .—Pr. 1„ g., 6 8 -191 5
N. Y. Central.— Deb. g. 4 s ....1 9 0 5 103%
N. J. June—G n r . 1st, 4 s .-1 9 8 b 100
Beech Creek— 1st,g old , 4 s ..1936 107
108%
0»v A Rome—2d, 5e, g.,gu,lB 15
tltli A Bl. R iv.—4a, g., ga,1022
N. ' A Put.—1st, g., 4s. gu,1093
. H. A H ,—1 st,t e a ,I s . 1903
Northern—1st, K. 5 s . .1927 •118 120
Y. '-•II- A
2(1, 4% 8.1937
72
ioruMuiiI, 1st, t , 5s......... ,.,1 6 4 3 108%
Wllk.,v Bust —l* t ,« W .,« .» a .l0 i8 l Bit
Sii>
mv1<* <m

[VOL. LX.1V.

S B CD R O TEB .

a.
Bid.

Northern Paoilio—
St.Paul A N. P.—Gen., 6S ..1923 127
Norfolk A SoutU’ n—lat, 5a,g. 194) 104
N orfolkA West.—General, 6e.l931 122
New R iver la t 6a..................1932 HO
Im p. A E xt.. 6a.......... ...........193 *
Col. Conn, A T er..l Hi, gu.gS s. 1922
Ohio A Mias.—Consol. 7 s ........IB98 104
2d consol. 7 s .......................... 1911 117
Bprlng.Div.—1st 7a............... 1905 103%
General 5 b............................... 1935
Ohio R iver R R .—ls t , 5a.......... 1 936 100
Gen, g .,5 s ................................1937
Omaha A St. Louis.—1st, i s . .1937
Oregon A Oallfor.—le t, 5 s ,g .l9 2 7
Penn-P.C.C.A8t.L.Cn.g.4%s A 1 o s ' 107
Do
do
Series R 1942 107
Da
do
Series 0 1942
105
Do
do
Series D, -la, 1945
P .C .A S.L.-lst,o., 7 s ................ 19(K 109%
Pitta. Pt. W. A G —1st, 7 s... 1912 137
2d, 7 s ................................... 1912 136
3d, 7 s....................................1912
0h.8LL. AP.—lst,oon.5a,K... 1932 112
Olev. A P .—C ons., 8. Id., 7 a .1900 113
Gen, 4% s, g., ‘ ‘ A _______1942
Do
do
Series B 1042
Bt. L .V .A T . H —l a t , 6a .,7 a .l8 9 ,
2d, guar., 7 s.........................1898 *102
G d.R ,A I.E xt.—1st,4%g,v4.g. 1941
A lleg.Yal.— Gen., gu., Is, g.1942
N . & G m B dg., gen.gu.4% s.g. 1945
Peun.R R .—1st real, est g. 4s, 1923 107
Cle.A Mar’ ttt—1st, gu.g.4% s. 1935
D . hiv.R R .& B dg—lst,g u .g .4s.’3a
P eoria A Pek. Union—1st, 6 s .1921 112
2d m ortg., 4% s....................... 1921 *77
Pitts. Cleve. A T o l.—1st, 6 s ...1922
Pitts. A L. Er.—2d g. 5s, “ A ” . 1928
Pitts. Mo. K, A Y .—la t 6 b___ 1932
Pitta. Painsv. A F.—1st, 5 s .. .1916
Pitts. Shen. A L. E.—
la t consol. 5 s.......................... 1943
Pitts. A West.—M. 5 s ,g .l8 9 1 -l9 4 1 *25
P itts.Y ’gat’nA A .—1st, 5s,ooa.l92 7
R io Grande Bo.—1st, g., 3-4S.1940
Bt. L. A . A T. H .—Term. 5 s ..1914
Believ. A Car.—1st, 6 s . ____ 1923
Chi. St. L. APad.—lst,gd. g. 5 s 1917
Bt, Louis 80.—1st, go. g. 4s. 1931 *90
do
2d in com e, 5 s. 1931
Car. A S h a w t—1st g. 4 s___ 1932
Bt. L. A S. F .—2d 6 s ,g „ ol. A .1 9 0 6 114%
2d, 6s, g,, olass C .............. .,1 9 0 6 114%
1st, trust, goM 5s............... 1987
Ft. 8. A V .B .B g .- l s t , 6 s .-1 9 1 0 110
St.L.Kan.&S.W .—1st, g.,6e,1916
Bt. Paul City Ry, oon . 5s, g ... 1937
Gold 5a, g u a r ................... ...1 9 3 7
Bt. Paul A Duluth—1st, 5s___ 1931
2d m ortgage 5s.......................1917
Bt. Paul Minn A M.—2d M, 6s. 1909 *121%
M lnneap.U nion—la t 6s . . . 1922
Mont. Cen.—1st, guar., 6 s -1 9 3 7 n e %
1st guar. g. 5 s ..................... 1937
East. Minn., 1st div. 1st os. 1908 io e "
W "0 ar&SiouxF.—1st, g ,58.1938 *107
San Fran. A N. P.—1st, g., 5s,1919
Sav.Fl, AWest. -1 s t. con. g.Os. 1934
Seaboard A R oanoke—1st, 5 s. 1926
Seat.L.S. AKust., Ist6s,asst.pdl931
Southern—Ala. Cent., 1st es.1 918
A tl. A Char.—la t, p r e t , 7S..1897
Incom e, 6a........................ .19 00
Colum. A Green.—1st, 3-6S.1916
E. Xenn.V, A Ga.—Divis.5s 1930 iT s"
Rioh.& Dan.—Eq, s. f. g. 5 s .1909
Deben. 5s, sta m p ed ......... 1927
95
V ir’ a Mid.—Serial ser.A , 6 s .1906
Series B , 6s . . . . .................... 1911 .........
Series C, 6s .......................... 1916
Series D , 4-53 ......................1921
Series E , 5 s .........................1926
_
Berios P, 5 s......... ................ 1931
Gen., 5s, guar., stam ped .1936 * io i%
Wash.O.AW.—1st our.gu.ls.1924
Ter. As’n o f St. L .—la t, 4%a. 1939 108
lat, con. g. 5 s...............1894-1944 106
8t.L .M er.B r.T erm „g.5s,gu..l930
Texas A N ew Orleans—lst,7 a .l9 0 5
Baolne D ivision, la t, 6s ....... 1912
Consol. 5a, g ................ . .... ..1 9 4 3
93
Tex, A Par., E. U. - 1st, g, 6 s.l»0 5
Third A venue (N .Y).—1st 5a, 1937
T.AO.O.—K an,A M., Mort. 48.1990
76
T ol.P eo. A W est.—lat, g., 4s_i917
62
Ulster A Del.—1st,oon.,6.,5 b. 1928
Uuion Paoilio—1st, 6 a .............1896 101%
la t, 6s....................................... 1897 101%
la t, 6s ...................................... 1899 102
Collateral Trust, 6s...............1908
99
Collateral Trust, 5 s .............. 1907
70
Kansas Paoilio—1st 63, g .„ 1 8 9 5 108%
la t, 6 s, g ....... .........
1896 113
O. Br. U P - F . o .,7 s ........... 1895
Atch. Col. & Pao.—1st, 6 8 .-1 9 0 5 *27..
Atoll. J. Co. A W.—lat, 6 s - , 1905 *28
U, P. Lin, A Col.—la t,g .,5 s. 1918 4
Utah A North,—lo t, 7s........ 1908 115%
Gold, 5 s . . . . ...............
1920
Utah Southern—Gen,, 7a -1 9 0 9 *74**
Extern, 1st, 7a................ ..1 9 0 9
74
Wabash—
Debenture, Bor. A ............... 1939
Debenture, Series B ...........1 9 3 9 *19
Det, A Ohio. Ext. 1st, 5a. g . 1940 ‘ 88
Bt l .K.O.AN.—St.C.Bdgo6s.l903
West N.Y. a Pa.,geu,g, 2-3-4s_1943
47%
Incom e 5 s ......................... ...1 9 4 3
West. V». O. A Pitta.—1st, 6 s .1911
Wheei.&L.E.—I8fc 5s, g o ld .- 1 9 2 6 *91 *
Wheeling Div., le t, 5s, g - ,1 9 2 8
E x ! r,Psion A Im p, g „ 5*. — 1930
Wia.ttettfc, incom e Sa.......... ..1 9 3 7

»r (H '<'tiaaeo«l*]4lo iitla—Bev <Mpage preceding

Ask.
128
107

105
104*'

54

*oT'

108
108

136
iis "

109

so

115
115
112

102%
123%
120“
106%
i0 8 * '

.........
98%
------ -

103%
iT o “
107

.........
122%
98
102
___ ,
.••..no
_____
""*■"**
22
•— »

19 H
91%
13%

THE CHRONICLE

A peil 3 1897. j

Jtmestment

R oad s.

659
Latest Gross Earnings.

Week o r Mo

1897.

1896.

Jan. 1 to L atest Date„
1897.

1896.

AND

Ind.Dec.AW est. 3d wkMar.
6,189
9,046
90,063
106,407
Ind. 111. A Iowa. January...
70,532
79.015
70.532
79.015
In.A G t.N orth’n 3d waviar.
52,593
60,339
733,574
690,118
{Interoo. (Mex.) W k.M chl3
47.546
514.371
51,598
432.700
29.655
Iow a C entral... 3d wkMar.
337,464
44,828
466,835
Iron R ailway. .F e b r u a r y .
3.312
3,880
7,008
8,098
Jack. T. A K. W. February .
27,989
54.974
30.668
59,199
2,313
2.313
T h e fo l l o w i n g t a b le s h o w s t h e g r o s s e a r n in g s o f e v e r y Jamest’n A L .E . January...
9,054
8,626
96,382
1 6 3 ,6 2 7
STEAM r a ilr o a d f r o m w h ic h r e g u la r w e e k ly o r m o n t h l y r e tu r n s Kanawha&Micb 3d wkMar.
K.O.F.ScottAM. 3d wkMar.
84.582
72,312
952.895
944,809
c a n b e o b t a in e d . T h e fir s t t w o c o lu m n s o f fig u r e s g i v e t h e K.C.Mem. A Bir. 3d wkMar
18,914
18,214
280,095
268,785
g r o s s e a r n in g s f o r t h e la t e s t w e e k o r m o n t h , a n d t h e la s t t w o Kan. C. N. W ---- February .
32,159
21,547
63,416
46,399
Kan.C.&Beat. December.
370
768
4,993
4.954
c o lu m n s t h e e a r n in g s f o r t h e p e r io d f r o m J a n u a r y 1 t o a n d
K an .C ity A O in . 3d wkMar.
5.285
1,422
54.733
20.307
in c lu d in g s u c h la te s t w e e k o r m o n t h .
K.
C.PJtts. A G .. 3d wkMar.
35.490
11,309
299.583
133,472
T h e r e t u r n s o f t h e s t r e e t r a i l w a y s a r e b r o u g h t t o g e t h e r s e p ­ Kan.C.Sub.Belt 3d wkMar.
5.276
73.234
6.394'
56,738
Keokuk & West. 2d wk Mch
7.094
8,043
68.337
a r a te ly o n a su bseq u en t p a g e .
84,603
L. Erie A ll & So. February .
14.234
6.089
7.065
12.420
L. Erie & W est. 3d wkMar.
697,648
57.909!
62.246
752,215
Latest Gross Earnings.
Jan. 1 to Latest Date.
Lehigh & H u d .. February .
55.617
29.110
30,828
61,427
R oads
Lex'gton& East. January...
13,5 8
17.487
13.528
W eekor Mo\ 1897.
1897.
1896.
17,487
1896.
Long Isla n d ---- February .
383.746
183,278 191,330
397.291
Los Ang. Term. February .
10,366
9.639
5.628
17,375
27.654
281,077
28.045
14,9671
12.160
14,967
302,220
A dirondack------ January.
12.160 Louis.Ev.&St.L. 3d wkMar.
8,411
83,930
8,082
27,712
34 ,144
84,264
28.326
Ala. Gt. South. 3<i wkMar.
318,043 Lou.H en.ASt.L. 2d wkMar.
71,681
64,223
71.681
Ala. M idla n d .. January...
64,223 Louisv.ANaehv. 3d wkMar. 374.8701 349,700 4,313,264 4,391,777
! M a co n A B irm .. February .
11.943
6,023
6,276
13,313
Ala. N. O.Tex. & Pac. June
10,0i5
23,518
13,395
24.000
23,000
248,141
N Orl. A N. E. 1st wkMch
21,209
258,872 ! M auistioue.......February .
17,071!
20,583
273,943
12.0 00
11 >,389
304,959
9.000
108,969 MemDhis&Chas 3d wkMar.
Ala. & Vicksb. 1st wkMch
8,0u0
109.403
8.000
100 625 |{M exican Cent.. 3d wkMar. 245,627, 176,071 2,823.763 2,183,453
Vicks. 8b. a P 1st wkMch
260,986
169,322 171,823
34 6.719
A llegheny Vpd. February
234.547
360,539 M exican Inter’ l. January... 260.986 234.547
83,161 1,226,137 1,034.630
23,789
Ann A rb or........ 3d wkMar.
23,715
256,9 13
242,4 0 i {Mex. National. 3d wkMar. 115,040!
,
Mex.
Northern.
January...
75,948
53,408
53,408
7
939
8,502
7,939
January...
Ark. M idland...
75,948
8.502
60,500
718,500
71,500
615,000
Atch. T. A 8. Fe. February 2,192,900 2,208,951 4,430.039 4,693,615 {M exican R ’way| w kM ch.13
139,619
16,350)
10.085
144.639
Atlanta A Char January... 144,639 127,4 6
104,918
127,426 M exican S o.......2dwk Mch
3 :4 ,942
39,066
37,264
407.932
50,913
A tlanta & W. P J an u a ry...
j 3,619
53,* 19
50,913 Min neap. A St. L. 3d wkMar.
St.P.AS.St.M. 3d wkMar.
75,021
54,431
576.238
12,136
113,*84
Atlan. A D anv.. 3d w kMar.
698,795
11,676
113.880 M.
A tlantic A Pae January... 278,451 303,482
278.451
303.482 Mo. Kan. A Tex. 3d wkMar. 171,542 187.823 2,363,333 2,526,813
6,693
Augusta ftout'ii January...
5,402
6,693
5.402 M o.Pac.Air-inM ;3d wkMar. 365.000 342.000 4.701.000 4.609,534
*35,000
Central Br’ oh. 3d wkMar.
20,009
10,000
17,254
20,601
Austin A N’ west January.
17,254
146.292
20,601
385.000 352.000 4.936.000 4,755,826
T otal............3-1 wkMar.
20,100
BalcC hes.A Atl. February .
23,173
43.800
49,273
71,025
5,732
6,400
Balt. & O hio___ February 1,725.235 1,538, 05 3,676,079 3,355,937 M obile & Birin., 3d wkMar.
65,656
648,399
™
Bal. A O. Sou’ w 3d wkMar. 115,464 125,598
589,431
1,278,267 1,336,930 M obile A Ohio February . 325,b02 289,510
86.874
215,135
53,499
B angorA A roost January..
1 9 1 /3 4
50,025
53.499
50,025 I Mont. A M e x . Gif February . 111.7*7
834,033
420.982 419.338
2,026
Bath A Hain’uds January...
2 , 0*6
2,026
882,937
2,046 I Nash.Ch.A St. L. February
5,000
19,129
Bir. A A tlantic. |February.
1,733
9,375
1.84 6
3,292
9,247
3,974 Nel. A Ft. Sh’p ’u February .
|
Nevada
Central.
December
50,892
37,238
4,4991
2,737
Brunsw’kAWest January...
52,610
50,892
30,156
52.610
P6,237
Bull.Koch.APiti 13d wkMar.
648,092
52,lt*6
630,732 N .Y .C .A H. R .. February - 3,301.460 3,206 641 6,441,403 6,684,607
695.903
53,298
65,290
Bufialo A ausq. JFebruary •
32,62.i
71,944
34,881
655,430
68,541 N .Y . Ont. A W ..j3d wkMar.
324,276
Bur.C. Kan. A N. 3d wkMar.
69,919
322,662
8 2 >*,966 1,037,864 j N.Y.Susq. A W .. February . 143,801 144,168
96,839
j
Norfolk
A
West.
3d
wkMar.
229,154 234.716 2,265,444 2,501,044
Canadian Pacific 3d wkMar. 325,00341,0«
3,5 5", 18 3.82 ,054
5,429
6.919
6,105
5,429
Car. M idland.. February
12,038
6,105
5,657
l b ,862 ) Northes’n (Ga.) .jJanuary...
79,234
548.6J 1 442.778 1,074,517
Cent, o f Georgia 3d wk Mch
953,987
96,5 9 1,285,208 1,336.288 North’u Central IFebruary
Central o f N. J February . 848,9. 9 821,549 1.704,155 1,8.-1,117 North’ n Pacific 3d wkMar. 287,870 309,324 2,805,081 3,182,585
6.022
2.936
Central Pacific January... 858,913. 856,490
3.096
5,892
858.913
856.190 Oconee A West. February .
178,437
3,585
Chari. Cl. A but November.
19.639
19.034
201.774
4,045
49,780
43,896 |Ohm R iver........ 13d wkMar.
33.827
Charlest’nASav. January...
64,986
18,766
18,568
53,478
37,349
r 4.986
53.478 I Ohio Ri v. A Cha.-1 February .
97.052
Ches. A O h io ... 30 wkMar. 235,8441 180.878 2,364,219 2,264,2 *6 : Ohio Southern. February .
69,363
54.128
129.881
309,055
31,584
22, 83
Chic. Bur. A O.o F e b ru a ry . 2,769.462 2.568 416 5,442.090 5,162,021 Ohio Valley....... November.
334,244
Chic. A East. Ill 3d wkMar.
242.687
87,690
93.470
902,824
244,205
925.483 Oregon Imp. Co. January... 242.687 244,205
557,061
Chic. Gt. W'est’n 3d wkMar.
96,3661
97,886
668,232
987.3ou 1.067,862 G reg. k K.A Nav. February . 257,315 295,294
356.707
Chic.Mil. A St.P 3d wkMar. 508,538 625,811 5,677.532 6,482,221 i Pacific Mail.......January...
356.707) 303.473
303.4 73
Chic. A N ’tbw ’n February . 2,206,831 2,c 84.172 4,302,96^ 4,831,541 Pennsylvania.^.]February. 4,486.234 4,646.034 9,241.905 9,*39,805
194,190
Chic. A No. Pat*. January...
14.8081
16,45»
198,039
84,895
67. 54
84,8*5
67,754 Peoria Dec. AEv 3d wkMar.
Chlc.Peo. A bt.E. February .
84,394
91,941
69.300
82,334
44,616
45,084
157,385 Petersburg........February J
133. bl
254,657
Chlc.K'k 1. A P .. F e b ru a ry . l,070,83t 11,117.551 2.091.64 4 2,300,435 Phila. A E r ie ,... January... 254,*57l 289,095
289,095
Chic.St.P.M.AO February . 523,636 561,812 1,061,559 1,174,593 ; Phila. A R ead... January... 1,538.427 1 78-.11 6 1.538,427 1,787,116
Cblc. A W. Mich 3d wkMar.
Coal A Ir.C o.. January. 1 694 06 1.853 451 i,694.< 66 1.853,451
29.317!
296,542
312.076
28,486
Choc. Ok. A Gull January... 112,903 129,484
112,903
129.484 I Tot. both Co’ s. January... 3,232 4 9 j 3,640 567 3,232.493 3,640,567
Clu.Ga. & Ports. February .
3.430
42,428
50.5*9
50,599
7.614
4.258
8.859 Ph. Read. AN.E. January.. J 42 428'
Cln.Jack. A Mac 3d wkMar.
12,581
153.163 Pitts.C.C.A S C li. February . 1J,069,272 1,177.000 2,108,4*3 2,413,771
14,253
141.854
Cln.N.O. A T. P. F e b ru a ry . 261,514 266.666
7.576
3.483
3.780
6.958
524,7*6
543,157 Piits.Lisb.AW ’n February
Cln. Ports. A V January...
17.652
68,266
40,811
34.652
94,766
21,553 Pitts. Sh. A L. E . February
21.553
17.652
Clev.Can. A b o .. 3d whMar.
Pitteb.
A
Wes’n
.
3d
wkMar.
12,267
275,857
29.t89
295.926
27.189
124.733
121,272
10,705
140,444
CLCin.Ch.A st.l 3d wkMar. 238.925 220.081 2.732,033 2. 33,249
Pitts. Cl. A Tol. 3d wkMar.
15,193
155.842
14.428
Peo. A East’n February . 137.249 139.490
37.964
Pitta. Pa. A F . 3d wkMar.
4.564
34.700
262.6 6
3 653
294.289
CLJLor. a Wheel .-id wkMar.
461,471
Total system .. 3d wkMar.
19,613
48,946
4 5,270
493,226
22,434
2.6 ,7^ 2
255,066
Col. M idland___ F e b ru a ry . 117,785 140,7oU
121,953
Pitt.
Young.
A
A
.
Februa
y
.
142
462
66.658
245.334
290,217
58.638
Col. H. V. A Toi F eb ru a ry . 157.744 209,735
21,220
23.387
23 387
2 1 .2 2 0
335,841
412,369 (Quincy O.a K.C. January...
Col. A Red Mount February .
48.564
11,552
R
ic
h
.lr
’ksb
AP.
January...
54.»48
48/64
54.848
22,778
Col. band’) a u February .
48,538
26.662
54,642
58,167
25.067
62,681
119,230
122.871 Ricb. A P etersb. Februarv .
Colusa A Lake. F ebru ary .
69.147
1,400
7.046
92,676
6,293
1,100
2,650
2,0b0 Rio Gr. South’n. 3 d wkMar]
C ry sta l............. January...
440.874
463
40 700
419,871
39,800
4* 3
1,178 Kio Gr*de West. 3 d wkMar.
1,178
Cumb’ I’d Valiev January...
20,865
55.184
23,653
23,653
20.865
63.703
55.184
63.703 St.L. Ch.A St.P. January...
Denv. A Kio Gr 3d wkMar. 122,700 129,000 1,260,258 1,453,849 St.L.Ken’etASo. February .
10,721
4 087
8,276
4,820
Dee M. A K an.C 2d wk Mch
887.578
2,933
976.326
2,187
28,260
20,781 St.L A San Fran. Februarv . 471,938 4 8 3.4,0
Pee. M. N. A W F e b ru a ry .
996.739 1,106,524
28,032
75,100
64.400
38,952
74,164 St.L. Southwest 3 d wkMar.
56,399
B et. G. Rap. AW 3d wk Mch
177.792
91.024
187 649
22,860
21*,184 St. Paul A D u l.. February .
19.815
235.8 79
87.157
283.342
B et.A Maoklna. F ebru ary .
271,301
46.635
42,9:» i
74.099
82,647 San Ant. A A. P . Febi nary . 131,420 127.520
Buluthb.b.AAtl. 3d wkMar.
87.895
SanFran.
A
N.P.
February
.
26,756
97 254
42 8581 50,953
35.601
3e8,3’*6
265,696
307,672
E lglnJoi.A E a»l F e b ru a ry .
303 649
96,745 102.168
209,510 Sav. Fla. A West. January... 307,672 303,649
17 3..16
50.032
E r ie ..................... February . 2.175,542 2,148,80 7 4,3* 8,162 4,492,884 Sher.shrev.ASo. 4th wk Feb
6,653
50.740
8,069
Eureka Springs December.
12.151
15.476
5.591
15.476
4,9nl
62,889 Sil.Snrs. O. A G. January...
12,151
61.<64
E vane.Alud’plis 31 wkMar.
52,260
12.471
4,366
77,140
65.305 S ilv e rto n ___
3,554
5.441
50,855
December.
2.974
Evans. A Kioh. 4tli wk Feb
1,114
1,452
12,685 So.H aven&East F eb ru a ry .
1,641
2,138
2 ,4 6 1
9.681
Kvansv. A T. H 3d wkMar.
16,068
21.344
253,579 So. Pacific Co.
197,153
Fitchburg........ February . 492.296 491.042 1.020.064 l,Oe9.b60
377.531
Gal.Har.A 8.A January... 377,531 474 563
474,563
Flint. A P.Marq. 3d wkMar.
87 437
Louis’a. West. January...
61.132
96.497
87,437
96,497
584,54^
6 1 6 .0 8 1
56.108
Fla.Cent. A Pen 3d wkMar,
436,563
Morgan’sLAT. January... 439,5*3 503 569
437.764
503,569
46.026
41.032
494.451
23.797
N .Y .T . AMex. January...
15,745
Ft. W’ thADen.C. 3*1 wkMar.
17,766
23.797
15,745
207.821
198,066
19,986
Ft. W. A Klo G i F ebru ary .
Tex. A N. Orl. January ..
126,095
20,136
126.095 1*8.106
128,106
66,850
29,031
46,577
Gads. A A tl. U. February .
682
Atl. Prop’tea.o January... /1069758 f l 241487 f\ ,069.758 11.241.487
1,762
799
1,369
Georgia KK___ 3d wkMar.
Pacific system J an uary... 2.314,425 2 383 488 2.314 425 2,383 488
29.586
394.573
390.9 9
25.267
Georgia a A la .. 3d wkMar.
Total of all.e February . 3,417 105 3.702 490 6.801,288 7,327.465
246.011
So. Pac. o f Cal January...
Ga. Car'la a N o •anuary...
729,536
90.922
729,536 799,098
93,330
799,098
90,922
93,330
Geo. So. A F la .. F e b iu a ry .
212.073
S o.P ac.»fA rl 2 . January... 212.U73 217.977
67.22b
146.880
157.189
212.977
71.023
Gr. Rap. A Ind. 3d wkMar.
103,297
So.Pac.otN.M. January...
4*4,512
3&.025
103 297 103.014
103,044
38 *,391
41,699
153. 80
CI11.R. A Ft. W 3d wkMar.
157,314
Northern Ky. Jauuary...
92.602
157,314
153 980
8.358
8,2o4
80.0 6
Traverse City 3d wkMar.
10,208 Southern R y ___ 3-1 wkMar. 369,450 351.137 4.275.992 4,211.375
8,520
887
825
Mas. G. R A 1 3d wk Mar.
92,894
46,149
27,749 Spok.F’ls A Nor F eb ru a ry .
26 005
2,16
51,783
2.94 L
22.387
Tot. all Urn b 3-1 wkMar.
76,546 l,C7a,657 1,106.132
555,071 Staten I.Rap.Tr November.
77.017
49,237
492.354
53.729
Grand Trunk .. 3d wkMar. 3 3 1,030 323,323 3,500,442 3,489, 12 StouyCl. AO.Mt .1an u a ry...
776
1 .1 1 2
776
1,112
Chic. A o r . Ti 2 d wkMar.
63.145
652,801 Summit Branch February .
139,039
67.709
154.404
59.3b6
6 ,652
58 -,536
DeVUr.H.<*.M 2 d wkMar.
Lyk. Val. - oal February .
144,499
67.897
164,8*2
181,702
64.158
150.477
17,645
16,32Cln.Sag.iV Mat 2 d wkMar.
283, . 8
Tot’l both Co’ s February . 127 *>08 135.606
l.b ll
24,753
304.881
19.236
2,549
Tol.S. A Musk 2d wkMar.
12,112 Tex*s Central.. 2-1 wit Mch
45,263
4,147
3,557
50,528
1,988
19,220
1,159
Great North’ n Texas A Pacific. id wkMar. 10 .162 109.097 1,459, .25 1,464,540
St. P.M . a M F ebruary. 798,45
5,462
5 835
880.30 - 1,584,881 1,732.724 Tex.S.V.A N.W. February .
2,381
2,568
East of Minn. February .
228.039 T ol.A Ohio Cent. ot wkMar.
343,253
172,050
33,169
375,305
7 7,178 ID3,570
30.377
Montana! Jem . February . 14 8,090 143,939
298,638 Tol. P. A W est.. 3d wkMar.
19 .4 13
230,102
29-..211
20.25 i
16,6 0
Tot. system February . 1,021.727 1,148,818 2,053,142 2,259,299 T ol.S t.L .& K .C . .hi wk Mch
404,153
464,345
36,684
39.080
G ’ lf B umt.v K.< February .
8,838 U u .P .D en .A G .. 2 d wkMar.
7,911
2,375
613,215
547,448
iu ,«5 3
54,5 6
60,720
Gulf A < lilcawo February .
7.234 Union Pacific—
7.653
4.181
4,260
H oos.T uu.A W1i February .
7.432
Uuion P. RR_. January... 1,001,744 937,329 l , f 01,744
3,922
937,329
6,801
3,848
273,533
Hons.a Tex.Oen January..,
Or.S.L.A U.N. Ja n u a ry... 397,909 386,760
240,526 273,533
39 7,909
3 s 6,700
240.528
S t.Jos.A G r. 1. Jd wkMch
131,094
Illin ois Central r F ebru ary . (1803737 (1755378 (3,713,542 13,675.907
233,630
11,205
22.653

flail road Intelligence.
RAILROAD EARNINGS.

THE (HRONICTE

HtfO
LmtM Hr**#*
Wm* **- tf *
tin*

M w kUrn.

* f#ui :«*4. A f*» (
Itm JjXAt W |

W%m m
w, vjQwblm pits*
Wm% ? * A Tt%u

im m tfr ,.
Jaussarf** J m u m f ....
¥<eb?ttmty ..
Februtirj' .
l>«*A*A?mtwr
JuSltl&S- f , . .
34 wk Mp|i
+&. wkM»r.
34 w iM ur.
^Vbrtiary *

14**#*

J&H -

4i «’<Ml* <fit Co

1895'90.

189) !I7

1895-98.

1

1

*

136,291
a u j* 6 5
25,416
33,051
02,338
78fl555.
03.318
1.6*2 «123 1,545,629 1,082,023 1,545,829
329,591 2,328,151 2,600,102
19.1 .8
15.143
in .i.ls
15,1*9
261,137
25*1,102
vm ,\47. 129,545
170.601
102.412
TTt‘i-51)
7 3 .13M
380,902
390,973
33 ,U80;
31.016
f>7.215
51,957
5T/315
51,“ 57
548,899
53,500
545,429
46 8 O
245,4 5
190,216
17,97s
19,760
802,384
803,968
*0.350
17,772
15,929)
S-68 <
7,7 m.
12,0-rt©

# r a r*
W'i&miL M 1*. U.ftr
C«fil
W rt*h%** -4r T#»t»
• i i , j r- .:.• a i'..> not Infinite Oregon Ry. A N»V., On, Pao. D en ver*
tali. I W l . . » n iiii< «fc Oannlson, Montana Union ami Leavenworth
t
A Smith vM tord .« rtieoeflciirea inolada result* ou eaatHtUnes,
» la « iI m
Crons (a n te*. e tc., n ot g Ivan N iM ttU Q . ! Maxt- . r. r o r v
Inoiuba, em v half o f Hns* in wkl0h UBton PartllO hits
a « jf n inraat
•i r .• .■ op-ratom o o l the Ohio. U t t U M * Northern In b oth
frsun.
> r .. •t* r - nSsi tor line- Ureotty operated oast o f Pittsburg.
e in- j

n - ilt- on iiilUiatoit lin e*.

r.
the Vil intiis system th •Houston * Texas Gantt* I,
\ o»!!o a S- tthwu-torn, (Vntfal Texu - s Nor li western and F t Worth
H
I fftnsa***.
• i r . . si t.m is \lton A Torre it rate for all periods

. ai< -> nr"-> Earning* i>*
— fn - latest weekly earn
in, - u tin- finegomg are separately summed up an tollowfor the t> ird week of March our teal statement covert
72
ani snow- 0*32 —reant decrease in the aggregate
or or the same week last year.
$4 wetk o f March.

1897.

1896

f« c r e a « .

9
$
f t t t i y re p o itfd i lft i'd i) 4,584,650 4,543.062
A tioa tioA Dunvinc . . . . .
17,136
11,076
SaiHL Cmi. BUn-p. & N oilh .
69,9 I f
96.839
o f <3«orid*.-. . . . . .
79,234
96,539
96,306
97.886
tM bm m &vtm&
.
Chit. A W en M ich igan...
29.317
28,186
C c v r . I'auson A Soutb'u
12.267
10.705
O ev . O n . Chic. A 8t. L.
238,925
220.081
OMv* L o n in 4 W3hm»3Iiiic
19,013
22.431
PMStroil Q r. R*|>. 4 West*
2 2,860
19.815
Ooltails » . 8. Jk AiiiiisUc..
26.750
35,601
Flint 4 P «w MatTQQeltxs.,
81.132
56.108
Flo-Ccnt. A JVulu»ulur.
40*528
41.03
W%. Wort.li As. 'Dmnr* CStj*.
17,760
19.986
CN^rnti* 4 Ai*6*£as., ..
10.031
10,720
Its<1Ueoa Dcentnr 4 tt’ e»L
6.18*^
9.046
Ka d . «Hty Ft- 8. 4c Mem..
S4,5g2;
73.312
S m . a t y Mem. 4 Birm.
1 .,91 4
16.214
WLimm** City 4 Um*ba. ,.
5.285
1,422
As Ch&ximton.
17.071
20.583
MUS&. 8U F. 4 S .S . M -...
54.431
75.021
Mobi’i f ,k B lm tnffbam .. .
tiAUO,
5,732
FflfrMk As WmU&reu.. ..
220,154
234.716
S o n b r r o Fflseifio............
2 .7 ,870
309,324
O b lo B ifftr.. . . . . . . . . . . .
19,084
19,639
81... 7om,vh As 0 4 . feland,
22,6 V*
11.205
fb ta d o rtm tki a W m Vti,
) 6,650
20,252
W#*i-. K. Y. As P*mtmylv
40,300
53,500

«
299,1^3
46

Total *72 road*) ..
* et (!»*$*»** <0*32 n. •. .

371,705

6,142,033

6,161,936

Dte i ease
257,595
26,920
17,305
1,520

n il
1,56*2
18,844
3.045
5, 24
5,496
8 3 ')
12,270
700
3,803
‘ '* ‘ 068

11,448
...........

2,821
8,845
2,220
2,857

3,512
20.590
id ,562
21,454
005
*3,6 02
7,200
391.608
19,903

|Vol. LX1\

-----liras* Earnings.— , - - •<Wi Earnings ---- ,
tS«7,
1896.
1897.
1896.
*
*
*
*
t«w a Central, b .......Feb.
129,143
107,331
42.128
<13.154
Jau. l to Fell. 28.
243,178
314.898
70,782
132,251
J u ly 1 to Fab. 28------ 1.058.157 1,282,005
322.1HS
504.088
Lehigh Valiev H R ...Feb.
I n c . 125,366
Iu o , 155,222
Jan. 1 to Fun 26.......
Deo. l “ (I.010
Dae. 30.500
Dee, 1 to Feb, 28. ...
Inc. 321,701
Deo. 124,295
Lehigh Yiil i 'mil Co.Fob.
rue,* 45,960
[no. 07,928
Jon, 1 to F«b, 26.......
14 31)0
inn. 78.245
Deo. 1 to Feb. 28 .. .
lo o . 108,587
InO.127,422
i oulsv. A NuBhv.b. Fiji). 1,567,828 1,6 Ul,570
525.540
575,427
Jan. 1 to Fob. 28 .. . M 70.344 3.305,107 1,019.329 1,197,482
July 1 to Feb. 2 3 ___] r.763,201 14,02 S. 189 1.550.582 5,4)81,92*
M exican C en tra l.... Feb. L,00 7,2 21
776,327
332.39 i
218.467
1...... S,081,125 1.5 >8.559
709,909
537,285
257,230
Mex. International.. Feb.
245,106
101,011
108,801
518,216
Jan. I to Fab. 23.......
479,653
18 ,140
201,848
Minn. A St. L ouis___Feb.
135.109
148,376
45,356
49.814
Jau. 1 to Feb. 28 ... .
262 616
85.000
2© *,254
99.013
Ju ly 1 to Feb. 28....... l,359*798 1.425,276
5 78,193
009.110
258,234
N. Y. Out.. & W ea ta .Feb
232,905
01,634
38,290
Jau. I to Feb 28.......
515.103
505,165
103.911
101,193
Ju ly 1 to Feb. 23____ !,6 4 i,8 JS 2,562,392
800*428
763.238
5,421
Northeastern o f Da..Jan.
6,105
265
2,802
Pennsylvania—
Lines directly opera ted E astof Pitts &E..Fob. 1,480,214 4,641,034 1,293,101 1,123.101
Jan. I to Feb. 2 3 ... ,211,905 9,639,8 J5 2,119,690 2,160,898
West,of Pitts. &E..Feb.
Deo. 183,800
trie.
20.500
Dee. 5: >8.700
Jan. I to Feb. 2 8 ...
foe.
25,600
23,038
Rio G r'nils South., b.. Feb.
34,526
5,9 M
15,876
70.096
Jau. 1 to Feb. 2 3 ___
5->,526
16,975
31,335
2 ’ 9,214
Ju ly 1 to Feb. 23.......
310.471
123,933
131,643
1 S7,679
151,011
Rio Grande W est.h .Feb.
42.215
46,937
333.474
311,271
Jan. 1 to Feb. 2 8 .......
95,466
100,103
.Inly 1 to Fob. 28....... .,6 <57,98 L 1,660,292
535,405
675,010
471.938
91.. Louis & 6ao Pr ..F ab.
433.470
211,803
190,815
807.57H
976,326
Jan. 1 to Fab. 28.......
369,253
372,030
.0J8.5L4 4,219.725 1,780,648 1,735,650
July 1 to Feb. 2 8 ....
131.420
3an Ant. <fc Aran. P..Feb,
127,520
20,100
23.843
Jan. 1 to Feb. 28.......
283.342
271,301
50, 2 ^ 1
67,384
July 1 to Feb 23. .. ,585.546 1.3 >9,000
591,451
458,623
Southern P neiao.b..F eb. 3,417,105 3.70 i, IS) 1
942.770 1,127,59 4
Jan. 1 to Feb. 28....... 6,341,283 7.327,465 1,950,617 2 .2 3 1 .1 U
July 1 to Feb. 2 3 ....3 3 ,5 3 1 ,9 3 4 35,013,142 12,110,103 12,943.096
,Va b a s h .b ................. Feb.
861,860
920,271
273,613
257.733
Jan. I to Feb. 2 8 ....... 1.697,919 1,9 13,073
470,202
500,393
July 1 to Feb. 23....... 7,831,975 8,880,969 2,370,940 2,627.958
W. Jersey & Seash'e..Feb.
128.147
1-29,545
14,077
det.494
Jan, 1 to Feb. 28.......
252,102
264,137
14,393
2.449
W est.N .y.& P eim .b..F eb.
190,215
191,721
44,022
32,279
Jan. 1 to Feb. 28.......
*02,229
390,899
65,873
83,871
July 1 to Feb. 28....... 2,073,366 2,211,414
716,072
583,710
H oad s,

a Net earnings here given are after deducting taxes,

b Net earnings here given are before d edu cting raxes.
* For Febtuar.v.1897, taxes and rente's am ounted to $ 58,263, against
$160,961, and from July 1 to February 2 3 ,1 -9 7 , 411,270,182. against
$1,297,773, after deducting which net for February, 1897, was $330,540, against $455,721, and from July 1 to B’euruary 23, 13 47, $1,643,181, against $3,623,061.
i Includes Chicago Burlington & Northern for both years.

merest Charges and Snrpius.—The following roads, in
addition to their gross and net earnings given in the foregoing,
also report chargee for interest, &a„ with the eurplus nr deficit
above or below those charges.
~ ln te r ’ t,rentals,<»c — - P a i o f N n Mar- —
1897.
1896.
1897.
1890.
Hoads,
$
$
$
$
Ohio. Burl.A Quincy .Feb 890,000
881,107
340,341
40.725
457,987 def.47,056
Jan. 1 to Fell. 28....... 1,780.000 1,762,214
Denver A Rio Or'de.. Feb.
201,737
202,371 def.35,237 d el (i,t02
July 1 to Feb. 28. .. 1,560.124 1,557,650
317,044
695,345
Rio Grande Sonth. .Fob.
14,107
14,223 def.8,163
1,6*33
July 1 to Feb. 28. . . .
112,658
113,781
11,275
69,862

■ » t t a r n lu g * M o n t n lj to t a l e n t H a te s.— T h e table f o l l o w ­
in g s h o w s the net e a r n in g * o f S t e a m r a ilro a d s re p o rte d th is
w eek , A fu ll d e ta ile d s ta te m e n t, in c lu d in g a ll ro a d s fr o m
w h ic h m o n t h ly re tu rn s c a n be o b ta in e d is g iv e n o n c e a m o n th
in th ese c o lu m n * , a n d th e latest s ta te m e n t o f th is k in d w il­
ls fo u n d in th. CHSOMCLE o f M a rch 30, 1897, The next will
NORTHERN PACIFIC.
a p p e a r in the issu e o f A p r il 17, 1897.
Feb., 1897.
Sept, 1 to Feb. 28
Groin E a rn in g*. ------. — Net Earnings,----Gross e a r n in g s ...........................................$1,029,505
$9,457,92o
1897.
1896.
1897.
1896.
Operating e x p en ses.....................................
777,458
5,524,328
otdOAs.
#
S
$
$
A dirondack.............. .1an.
14,987
12,160
7,071
4,310
Net earnings....................
$252,047
$3,933,597
Ab'ii- T op A S F. h.Feli. 2,192,900 32208,951
42,900
257,381
*488,809 •616,6-2 T axes..............................................................
i t!,, t i<> Feb. 2$....... 4,480,039 4,893,915
916,761 1,384,316
Jaly 1 to Feb, 2 * ___.20 ,8 1 " .204
"
................ *6,913.363 '1,926,331
20,108,976
Net operating In com e..............
$209,147
$3,676,216
2,531
129,851
flWft. ttorh.A Pit!*,b..Feb. 235.731
218.282
81,830
87,183 Missal. incom e Jibt lnom d’g la n d ,sa les..
3 * » - I t o F oil. 2 4 ------4 9 6 ,1 8 9
174.178
101.081
114,214
J iiv 1 to Feb. 2 1 ....... M S 1.304 2, I I I , 01
Total not in c o m e ................................ $211,673
$3,805,567
773,361
613, M0
The operating expanses from Sept, l. 1396, include a proportionate
< -• eSiKSi !• i
, » F«b 1,272,0b t 1,325,258
3*4 823
331,732
J ab . I to Feb. 2 6 ..... 3,585,016 2,800,054
758,163
029,882 part o f the estimated taxes and rail and lie renewals for the'current
fiscal
year of the new com pany, being con month* to July t, i3J7.
Oeot- o l <iwrath*. a..FVb,
474.870
520,010
186,167
192,251
J m r 11® fvi*.,
084,010 1,042*507
403,102
417.33 I
t tc»
STREET KAI LW a Vn AND TRACTION COMPANIES.
.2 8 ....... 3.883,769 3,985,21.1 1,529,502 1,527,319
CSImnu M O i)to ,t -.
Feb.
775.707
Che following table shows the groin earnings for the latest
781,509
201,831
191,984
-2 8 ,..* . 1,69 <,050 1,721,834
498.183
406',306 period of all street railways from which we are able to obtain
J t tlf i t# FfiS.
....... 7,052.485 8,920,100 2,368,882 2,192.613
weekly or monthly returns, Tne arrangement of the table is
0IH4L
■h i Fob 2,709,482 2,568,416 1.23(1,311
021,832
28..,**,* $*442,000 5,182,021 2,237,987 1,715,158 etie same as that for the steam roads—that is, the first two
orttumna
o f figures give the gross earnings for the latest
M« Is S i, F -i S. -F h. 2 ,1 19,749 2.305.679
78 5,.531
739,701
| to
4,180,18 i 4.633,301 1.490,123 1,527,414 week or month, and the last t w o columns the earnings for
Jttlf 1 |0 P»p * 28, x**.20*808,4 ?2 22,703.024 8.275.000
9,430,00!) the calendar year from January 1 to and including such latest
% U tikhi
435,953
514,483
166,800
196,269 week or month.
Jmn. I t*> y
•2^* ,,*♦
921,058 1,084,049
340,*f9g
110,071
STREET r a il w a y s AMO PRyut'KiM COMPANIES.
JtAy I u* F*.v»
4,##© #18 5,100,318 1,877.168 2,252,999
A M ork'o
l*»
40,085
42,091
18,851
Latest dross Earnings,
Jan, 1 tb Latest Bait,
16.381
Jen. 1 to F**0. 28..-*..
74,090
92,047
26,505
30.224
G k o ss
210,509
258,921 *
52,001
78,717Week or Mo 1897.
EARNtTOS,
1898.
1897.
1890.
24.75,.54-2 2,148,007
380,933
371,296
.
4 * i0 8 ,t m
1,492,844
728,200
853,148
$U%f 1 |# f%|»
$
M
21,407,388 5,514,000 6,380.835
*
~~V
Akron B a ir d A Olev, December.
5,782
0,158
Q&atgS* A A 2*6 a.
91,688
80,435
50,295
24,409
17,909 Akron S t.Ry.A 111. 0<) Decem ber. 18,968 20,523 210,247 189,256
1.02,057
52,O” 0
39,550 Amsterdam St. R y ... F eb ru a ry .
3,660
3,149
7,215
6,843
. 2#, *»*,
711,126
382,075
231,833
113,039 Atl. Consol. St. K y ... Decem ber. 29,250 -62,818
388,715 *474.112
A V 1a,* -b.-Febv
07*228
7 1,023
22,017
Atlanta R ailway........ February .
4,914
5,311
21,057
10,469
10,334
. 2 4 ,.* ..
1.48,880
157,409
55,677
65,727 Baltimore T ra ction ,., F ebru ary . 81,085 82,266 174,603 169,592
003,495
601,043
211.990
1,133
1,257
218,398 Bath 8t. R y. (N. 1'.).. F ebru ary .
2,444
2,679

THE CHRONICLE.

APBIL 3 !»»■<.
G ross
Ea r n in g s .

L atest Gross E a rn in g s .

W eekor Mo 1896-7.

1895-6.

fa n . I to Latest Das-.
1896-7.

1895-6

*
*
6.927
6,336
6,336
B.927
Bar Cities C o n so l.... January...
9,767
I0.0d9
9.767
Blngnamton St. R y... J anuary... 10.029
4,963
5,275
59,554
58.258
Bridgeport T ractioa. 3d wk Moll
41,625
39,628
Brockton Con. St. Ry. F eb ru a ry . 2 L,707 19,971
Br’ klvn Rap.Tr. Co.—
Brooklyn H eights.. March....... 351,642 336,167 1,002,956 983.049
156.859 1 l H,65 5
55.029 50,527
8r klyn Qu’ns & Sab M arch..
Total for system .>March. . . . 406,671. 396,694 1,159,815 1.129.704
1,369,227
1,3 27,774
Batlalo R y ................. Decem ber.
24.821
24,952
Chester T ra ctiou ..^.. February . 12.015 12" 270
56,6 )9
6\ 87 1
Chic. & So. Side R.T. January... 56.609 65.871
1,344
1,432
2,870
2.792
City Elec. (Rome.Ga.) February .
Cleveland E le ctric... February . 115.513 118,977 239.691 24 4.38 1
4.993
Cleve. Pains r.& E — December.
Columbus St. Rv. (O.) 2d wk Mch 10,531 l i ’,649 111’ 90 9 120,454
40,397
40,801
G oaef Island a B’ lyn. F eb ru a ry . 19.181 19.313
Dan v. Gas El. Light «&
8,727
9,597
9,597
Ja n u a ry...
8,727
Street Ry
Denver Con. FTamw. February . 49,405 51,901 103,414 106.441
D etroit Citi’ ns’ St. Ry. 3 wks Mch. 56,814 52.519 215.225 195,472
31,319 31,914
64,782
67,048
Detroit Elec. R y .........February .
16,255 17,750 225,9 ?2 236,169
Daluth St. R y .............jDecember.
9.116 10.571
19.374
21,406
Erie Elec. Motor C o.. February .
29,615
2 5,3 L7
Galveston City R y ... 1February . 14,9 J7 13,058
Herkimer Mohawk ii3,327
6,924
3,313
lou A F ’k fo r tE l. R y.i February .
6,748
455
973
491
1,010
Hoosick R y.......... ...... (F ebruary.
23,073
23.252
Houston Elec. St. Ry .(February . 13,764 13,847
Interstate Consol oil
8,131
8,377
17,320
North A ttleboro___February .
16,193
7.2 8 2
3,513
3,60
7.372
Kingston City Ry.......February .
9,113
7,953
16,655
Lehigh T r a c t io n ....... February .
19.716
5,297
6,159
1 2,760
~ * Ry.
*"* (Can.) F ebru ary.
1 »,332
London St
53.252
Lowell Law. & H av.. F eb ru a ry . 25,7 1 26,132
52.6 57
Lynn & Boston.......... 3d wkMar* 22,156 21,896 2 14, 111 ‘2 38,640
Me trop. (Kansas City) 3d wk Mch 32.617 29,074 838,810 341,708
3,462
3.919
7,56.)
M ontgomery 8t. R y.. February
7,150
Montreal Street R v... jFebruary . 89,952 87.395 139,598 132.452
Nassau Elec. (B’ klyn) February . 102,359 25.126 211,983
50,664
6,430
Newburgh E lectric... [December. 15,loO
Nmw England St.—
15,395
24 1.408 231,945
15.405
Winchester A v e .... December.
2,095
2.093
33,5 iO
Plym’ th A Ktngstou December.
30,472
7,613
7.5
S3
Total...................... 2 wks Mch
2 .4 1-<
2.415
New London 8t. R y .. F ebruary.
” 5.119
’ *5,101
Ne v Orleans Traction February . 9 3 .0 )0 115,325 199,318 221,809
46,921
N. Y. <fc Queens ITy... February . 22,59 >
643
578
1,909
Ogdensburg St. R y.
February .
*1*702
21,326 22,142
45,095
Paterson R y ..............February .
45.478
1.314
2,612
5,180
Pittsb. Ft.8ub. El.Ry. February .
2,7 LI
4,974
5.150
10.365
Po’ keepsle& W app. F. F ebruary.
lo,5 9 5
Rocuester R y................February-. 62,287 68.783
7,252
6.417
14*3*93
Soimyikill T raction.. February .
1*5,23*3
3,509
4.163
3,509
Soauylklll Val. Trae..* January...
4,163
8,877
4.147
Scranton & P lttston..1February .
51,502,
Soranton R ailw ay___(February . 23.930 24,129
49,915
Second Ave. (Pittsb.):February . 30 381 29,812!
62,743
02,066
2,690
2,304
4,74-5
•Syracuse E’st-SldeRy. j February .
5,348
Syracuse Rap. Tr. Ry.1February . 30,001 32,768
62.194
66,039
Terre Haute ETc. Ry. December.
161,601
143,145
2,626,896 2, 015.152
Third Ave. (N. Y.) ... December.
69.745 72.970
Toronto R y....... ......... F ebru ary.
145,013 147,352
Twiu City Rap. Tran February . 140,214 145 061 292.181 303,974
Union (N. B edford)... February . L5.018 16,5 U
30,8831
30.116
United Tract. (Prov.) February . 119,034 125,075 218,217 256,649
Unit. Trao. (Reading) January... 11 677 12,251
11,077!
12,25 L
3.224
2,993
Wakefield A -'toue . . . February .
0,509
0,221
Waterbury Tractioa.. February . 16,473 19.282
35,544
40,738
Wheeling Railway. February . 11,2)4 12,180
24.159
23,650
34.149 36 334
73,8681
Wllkesb. A Wy. Valley February
75 192
• Figures were exoepM oualin 189 5 on account of Atlanta Exposition
I Decrease in earnings due to factories beiug shut dowa.

street Hallway L>iet E a rn in g .— The following table gives
. h recu»*Qfl of Street railway gross and net earnings received
_______
his ween:
.
Roads.

Amsterdam St, R y.. Feb.
Jan. 1 to Feb. 2 8 ___ _
1'wln City Rapid Tr..Feb.
J a n .'l t o ‘Feb. 28.......

-G row Earnings 1897.
1890.
*
3,149
* 3.«30
0,845
7,213
140,214
145.061
303,974
292,181

ANNUAL

--Met Earnings. - —
1397.
1896
S
$
178
490
916
917
69,379
75,673
144,030
159,339

reports.

T h is i n d e x d o e s n o t i n c l u d e r e p o r t s i a t o - d a y ’ s C h r o n i c l e ,
R VlLKO lOS \NL» Mli'JtSL. O o S.
R a il r o a d vnd M is c e l . (Jo ’ s (C o n .)

Volume 0 * .-

Page.

A labim t Great 3*} ithern.................. H‘23
Ala. N. O. A Per. Pac. June ........ 325
American Dist. Te! ..........
327
American Biscuit Co .........................607
American Screw Co. .. . . . . . . .. . 6 >7
American Soda Fountain................. 284
American Straw Board..................... 327
Atlantic A Padflc. .......................... 179
Baltimore Cnesapeake A Atlantic.. 234
Brooklyn Wharf A Warehouse Co. 421
Canadian P a cific................*94, 512, 519
Central RR. o f New .feraev. .. . .. *283
Central Union Telep. (Chicago)... 323
Central V erm ont................. ........ 6 Ml
Charleston a Savannah........... .. 42 1
Chicago A Alton ... — ........ 357 870
Chicago Great Western, half-year.. 325
Cnicogo A North-W estern................ 263
Chicago Peona A St. Louis...... 284, 3 id
Chicago 81. P. ,VL A »maha...............514
Chicago Telephone C o.................... 608
Cleveland A P ittsb u rg ................... 60»
Commercial Cable C o........................ 565
Consolidation C »al (Maryland*__ 6i8
Cumber.an 1 Valley......................... 467
Delaware A Hudson Canal .. 231. 370
Delaware L t :k. A W estern ..........231
Diamond M a tch ......... ...
&93
Ediaon Iffleutrlc HI. o f Boston
.. 008
Edison Electric HI. oi B rooklyn... 231
Edison Elect. 111. o f N. Y ..231.327, 312
Georgia Railroad............................. 23 1
Green Bay A Western ......
178
Huntingdon A Broad T o p ............... .3ift
Illinois Steel.................. ..
327, 372
Indiana A Lake M ich igan............. 437
L ik e Erie A Western...................... 3 7 1
Lehigh Coal t Navigation......... . 3 7 1
Lehlgn A Wilkes-Barre Coal......... 466
Maryian l C o a l...........
372

Volume 61—

Page.

Mexican Central..................................465
Mexican National..............548. 563, 569
Missouri Pacific............................... ai3
National L eal ......
372
National Linseed O il........................ 468
New Central Coal (Md.).............. ... 515
N. Y. Chicago x St. Louis ........... 371
N. Y'. A New Jersey Telephone__ 515
Northern Central........................371, 375
Oregon Improvement Co........... 2 0 , 005
Pennsylvania Rlt ............. 1 48, 405, 470
Pennsylvania Steel Co ................... 566
Philadelphia A Erie..................326, 371
Phiia. Wilmington A Baltimore... 178
Pittsburg A Lake E r i e ..................... 230
Quincy Mining C o...
468
St. Louis Iron Mt. A Southern .. . 514
St. Louis Vaudalia A T. H ......... 4 2U
Savannah Florida A W estern........ . 421
Southern New England Telephone. 638
Street’s Western Stable Car Co.... 607
Summit Branch Rlt. .......
421
Tamarack Mining Co....................
563
Tennessee Coal, Iron A Railroad.. 565
L'ermin tl RR. Asso., St. Louis...... 515
rexasC eutr.il.................................. 5L-4
Trenton Potteries.............................. 327
Terre Haute A Indianapolis.......... 40 1
Terre Haute a L 1 2 a ns port .......... 467
Terre Hue to A Peoria ................... 667
Texas A Pacific.................
501
Union Pacific Denver A G u lf.. .. 564
United States Letcher Co.................422
Western Maryland .......................... 178
s t r e e t R a il w a y s .
Akron St. Ry. A Ilium .................. 607
Baltimore T r a c tio n .......................... 607
Louisville 1 1 v ...............
4<Jp
ilkesbarre A W yoming Val. Trac. 607

(501
O h io R iv e r R a ilr o a d .

f R e p o r t f o r the y e a r e n d in g D e ce m b e r S I , 1896. J
T h e fo llo w in g c o m p a ra tiv e s ta te m e n t, in a d va n ce of the a n ­
n u a l re p o rt, has been fu rn is h e d to the C h r o n i c l e :
E A R N IN G S, E X P E N S E S A N D C H A R G E S .

Earnings—
Passengers ..............—
Freight
.......................
Mail, express, e tc .........

1896.
$
370,097
542,839
57,037

T ota l.........................
Expenses—
Mai at. of wav. &c .......
Maint. of equ ipm ent...
Couduc iug transp’ t’ n.
General expenses . . . . .
Taxes .............................

970,023

837,271

712,431

790,261

182,7 54
113,552
303,3 24
37 .2)5
29.905

173,919
99,379
267,901
26.469
29, 432

133.943
02,001
202,446
37,07 7
23,791

127,076
74,312
2 46, LG3
41.0 *3
24,9 L3

669,930
300,093
69*06

597,110
290,161
67*29

464,258
243,173
6516

503,447
286,314
63-70

253,785
9,234
15,311

242,907
9,340
18,331

239,727
7,25 5
16,34)

233,157
7,175
19,101

278,330
T ota l..........................
270,628
263,322
Balance ............................ sur.21,713 sur. 19,533 def. 15,149
B A L A N C E SH E E T D E C E M B E R 31.
1896.
1895.
1894.

264,433
aur.22,381

T o t a l ........................
Net e a r n in g s ................
Per e’ t o f exp. to earns.
Deduct —
Interest ..........................
R e n t a ls ..........................
Car trust int. & m isoel.

1895.
$
342,252
490,537
48,482

1894.
$
293,661
359,034
54,136

1893.
$
337,710
394,577
57,474

1893.
A ssets—
$
Road and equipm ent.. 11, L05.121 10,733,501 10,706,427 10,707.6 25
BoDds owned ...........
2 47,350
356,700
528.909
538.050
Advances (net) ............
96,8 49
175,471
171,890
117,826
Materials ou Uand____
47,636
3 7,353
41,163
3 7,2 26
C a -h ou h a n d . ..... ........
25,153
74,263
29,271
37,103
Due from agents, rail55,350
75 52 4
roads, post-otflee, etc.
71,722
57.9 »3
M iscellaneous.................
85.24S
34,747
17,940
23.30 )
Total . . . .................11,602,757 1L,549,059 11,567,313 11,519,629
Liabilities—
S t o c k .............................. 5.915,431 5.915.43L 5.915.421 5,915,43
Bonds & equip, trusts. 5,178,038 5,097,376 5,017,940 5,0 35,92)
Bills payable ___ ____
15 >,000
2 25,000
2 9 7,5)0
23 2,5)0
Audited v ou ch ers........
120,84 )
8 4,110
47,705
4 7,94 1
Pay-rolls, D ecem b er...
31,934
33,547
20,350
21,332
Accrued interest on
boa is, not due . . . .
44,258
25,370
2 3 ,0 )9
8,251
Incom e a o e o u u t..........
211,266
234,745
242,288
2 5 7 .4 3 )
M iscellaneous...............
10,90L
13,480
............
803
T o t a l ................. ...1 1,06 2,75 7 11,543,059 11,567,313 11,519,62)
—V. 62, p. 946.

A m e rica n S u ^ ar R e fin in g C om p a n y.
( B a la n c e Sheet o f D e c. 31, 1896, J

The company, following its usual custom, has filed with the
State of-Massachusetts the following balance sheet of Dec. 3i:
A sstetj^—
R «al estate, e t c ....... ...................
Cosh and debts receivable.......
8ugar, raw and r e fin ed .... . . .
Im provem ent aooount..............
luvestm ’ ts In other oompanies

1896.
^
43,140,770
21,778.4 47
13,864.207
6,618,003
28,251,435

1891.
$
43,119,866
19,42 2.00 >
10,742,456
5,007,563
26,201,599

113,052,802

112,257,021

105,099,484

Capital.................................
73,936,000
D e b t s ...........................
27,530,942
R e s e r v e ....................................... 12,185,920

73,936.000
25,139,765
13,181,256

73.936.000
21.394.000
9,769,484

T ota l.......................................113,052,862
—V. 04, p. 009.

112,257,021

105,099,484

Total ............................
L ia b ilities—

A m e r ic a n B e ll T e le p h o n e .
f R e p o r t f o r the y e a r e n d in g Dec. 31, 1896.^
S ta tis tic s . —The comparative statistics from the reports of
four years show as follows :
Number o f instruments
und^r rental Deo. 2 0 ...
Exchanges Jan 1............
Branch offices...................
Miies wire on poles . . . . .
Miles wire on buildings .
Miles wire underground.
Miies wire submarine . . .

1896.
772,627
967
832
286,644
12,597
234,0L0
3,608

1895.
674,976
92 7
686
200,32 4
12,861
134,515
2.02 3

1894.
582,506
867
572
232,008
14,525
143,285
1,856

1893.
586,491
838
571
214,676
16.492
120,075
1,637

396,674
536,859
459,728
353,480
Total miles wire............
264,465
237,837
212,074
205,891
Number o f circu its..........
11,930
1
1
,0
)4
14,425
10,421
Number o f em ployees__
231,695
24 4, 432
325,720
Number o f stations . . . . .
237,138
Number dally ooaueot’us 2,039,071 2,351,420 2,033,L52 1,874,667

The following is a comparative statement of earnings, ex­
penses and income for four years of the American Bell Co.,
compiled for the C h r o n i c l e :
EAR N IN G S, E X PE N SE S, ET C .

1896.
1895.
1394.
1893.
E arnings—
*
*
$
$
Rental o f telep h on es...,. 2,45 3,48 4 2,125,359 2,502, >9 2 3,513,711
Divide ads . . . . . .............. 2.616. n 7 2,5 33,1 49 L, >47,0 57 1,32 4,43 2
Ex. terr’ l Abr*uoli lines.
132,215
L4 3,6 )5
10 >,93 >
103,021
34,077
32,4 23
29,3 5 2
29. L93
Telegraph com m ission ...
174,355
215,3 20
196,455
2 25.930
lu te r e s t....... ................... .
74
.3
4
)
81,97
L
3
>,0)6
Real estate aad inUcel’s.
71,133
Expenses, iaol. lac. and

2,193,8 48

5,124,952

4,843,244

5,731,076

1,911,193

1,721,459

1.3 55,590

Net earnings....... .
3,383,531 3,213,759 3,12 4,735 3,925,436
Disb ur.ieme nts—
Regular dividends . . . . . . 2,633.933 2,502.453 2, 4 0 3 ,0 )) 2,214,153
600, ) )0 1,12.5,000
63 0,0)0
Extra dividends .............
677,2 50
12 4,78 5
22,347
8 1 ,3 )0
53 1,3 29
D epredation roser’e, etc.
3,383,581

3,213,759

3.123,785

3,925,486

TH E

06 i

C H R O N IC L E .

m m m »a.ia k c e DlCSWIiiDl
X fM .
IS M .
1993.
1895.
f
t
9
9
T rt. J
............
1.537,791 1,393,948 l,<?Ot\787 1,299,192
R
##UR9-. *.*.
890.817
1150,931
J,('4 3,827
....... . ..................
4 4 .W f.a s i
Umithmm. and m»eMut$rf
17*4 S i
13,312
14.0*4
14.233
Bin# » t d aev vt i e d him... 1.490,9 JO 9.483*714 4,355.551 3,873,053
Cm*h a St
».i!«....... .
900*371 1,337.893
790,778 2,813,979

3*4*1.«•
Omtfa -

.........5 8 /0 3 ,7 2 3 31,268,715 45,559,733 45.712,340

C *plU ! *1

. . . . . . 23,0 *0,000 21,500,000 20,000,000 20,000.000

Hifil,. ------- 3.581,200 1,399,435 ........................................
,, 2.000,000 3,000,0*0 2,< 00,000 2,000,000
:*t»r able .71,204,591 $4,120,816 *1.407,930 11,550,590

IVt*tmari

14*, i

Bill# ft&d

a$

.1 <,397.921 12,713,800 10,228,371 10,187.493
. 6,551.403 6.349.443 8,849,441 5,682,227
.. 3 ,9 -7,9 98 4,085,399 4,3*2,757 4,101,013
.. 2,151.011 2,151,011 2,184,011 2,151.011

1*7* Ss mm*
H-ttrpiiui,.

T o u U , . . . ™ . * ............ 35,503,723 51,208,715 45,559,733 45,712,340

» **,os&tm o utuvjdro.3 psifmim J**a, ie, im »

Tbe New York Biacnit Company.
As a trailer of record we publish the following statement
f r IHe. 31, 1596 and July Si, 1890, which appeared in the
daily press e a r ly io the year, the company not having re
tpoi dt i to our request for an official report, The balance
sheet for Dec. 31, 1895, showed no bills payable.
The actual net earnings of the company after deducting
all fixed charges, it is stated, were $558 060. There has been
charg* d i l l ^'surplus account” , $306,443 91. Under ihe operati' d of the sinking f und, bonds have been retired during the
year to the extent of $60,000*
Disc. 31,1896.

J u ly 31, 1890.

LUtlnldu*.—

Cap!tai aioek............ ..............
Benda.......................................

75,080

226,506

.512,355,271

$12,715,298

. $9,000,000
. 1,219.(00
7-0,061
49,116

$9,000,000
1.219.000

Lnlted Electric Secarities Company.
(H e p a r t f o r t i x m onth » en d in g J an . 31, 1897J
The- report of this company, of which Samuel Carr, of B >stop, is President, say* in part:
Hi)
U1'.!UI.T !* mcorpontted under the laws of Maine for tbe nur
of lieulituf In -(-ninth's of electric illutitUiatlns power and rail.
,-»fl"*ro,iui... a hfirati busine—actively in. 1«90 with a capital
f*
•;"K’
‘•r.iumnn stoek and on Feb. 1, 18K3, the capital was
, •'
-I.O'M'.IMHI , per ,'cnt preferred stood. On
•.Ah- 49, ltd#4, the common stock was reduced to .$.",00,000
,
-V.’f r e
««w $7,000,000 of its collateral trust
i 1,,, ,'H- V,
11
."'T
t lu.,- tii-t fmtr series bavin* been tor
/ *•“ "I tile reuiiiiuhic live scries for $1,(100000

Vi-7 »j
*
1'wui.ui uMuufi ueuur asj,___
_
,,,
S*
$3,814,000.
Of
. 6 2 . ...... have i, on ic t ir r d
»ii4 can* *
................. ' n,,.1,-rt) tec twarf - pled<oil creamy therefor.
H m*prlz i ni which the ctdlntfral he have been redeemed Is about
r lH' cMbscnpltou price. The wiles o f the imdertylnf?
'' 11
ovcritpc price o f uhoat 85-02. If till
,5 isitf I.oi.'l- (U'O *ol,l Ut only 72-07, the proceeds will

I'.t.ame o, the collateral trust

-

Th e

“ vrriTl

outstandfuir In rbbtlrst

ri'"irltUa JU>an ""•> Tr,ut Co ot ifostouletho

t “ iolitb. ,ni(ttiiK Feb. 1, 1897, the underlying bond inter,h ltd- received aggregated *139,258! collateral trust bond
j ,^
~
E
rt i ' L f i n - ’? ' 5, Ivuvlug net nrotit from
' ' ’ '
- ( burningoff *33,9,4, tho total surplus of Feb
'lading pievtou* siirpliin $ 0 ,6 0 0 , was $0,S08,
m ei n s ta te m e n t F eb, l , 1 8 « 7 , a b o w s :
•1
„
r* ,C •
’■
*• ,

< - Ame
O
.S’fzs

,, , stock—Uabuttlci.
Caoltnl
Common ......... „
J J fl’tt
! .Fwfenvd ................ .'* ’ !!!
*-■"'<***
; Chtl4tor«U trait s per cent
*#54A lt \Fli inlet, 1890-1920 ...
aerie*. 1^90-1970,...
-cri-ft*. 1891 10a ...

rmn\ mtim,

Fife* 0Ti«*s,
: »Lcth
' Nini

The $1,225,000 fl 1st m ortgage 5 per e»nt. 2i)-ye*r $ t,e o n tro Ia bends
are secured by deed to the Central Trust Com pirn? of >«-w York
t f s t e e * are dated beh, 1 , 18o5f and due Feb, 1 , 1 0 1 5 interest oav.»bio

tsstte o f $1.50i».O00. the renn iu ing $27 ,.Orfo being la the hands o f uto
trustee to prorid e for extensions and Im provements.
EAKMNOS FOB YEAit B.vntVO J)EC. 31.
f s
asiiTs'ioa
, , O h m en clu .
H al., S u rp lu s.
1 0 H o ......^ l2 5 ,4 3 8
| 6 l,2 5 0
(5 p 6.) SaO.UOO
s ii 1 J
1 V n 'i kUk '± V
e i .»250
( ‘ PC.J 40, f 0
15,834
Iu lh 9 5 4 p e r c e n t waa uaid oq the stphk 2 o*r cent May 20 and 2
per cent Vov. 20. I o 18 6 5 per cent was paid on tbe stock, 2 -hi p e r
cent Mav 2 v and 2 ^ p ercen t Nor. 2 *.
’
J VGl
The balance sheet Deceuiber 31, 1896, is as f Howe;
A U8F- Iff.

Plant and equ ipm ent..$2,161,439
c,,r
St
k.on hard^ tiuven
------- ory)
----26.057
BH'ari c ’it ’ ble(secured)
50.783
Int. accrued on s a m e ...
1,249
A ccou nts reeelv able, in­
cluding Dee. gas bills.
39,556
C a sh ............................. .
18,782
T otal assets................. $2,298,746

L ia b ilities.

Capital stock {$50 shs ).? 1 , 0 0 0 ,0 0 0

Bonds......................... 1,2<5,0.0

Accrued inr. on Oomis
Aug. 1, 1896, to date.
Consumers- d oostta...
Cutrentacets. p a ra b le .
S u r p lu s ............................

25,521
2,124
1 0 ,9 7 5

3^,126

Total liabilities........... $ ,’ ,2 9 8 ,7 4 6

GENERAL

I NVE STM ENT

NEWS.

Reoriranizations, Etc. ^ L a tes t O ita as to Default.-,, R eo r­
1.100.000 g a n iza tion Plans, P a ym en t o j O verdue C ou pon s, P ie. - A ll
10,902 facts of this na ure appearing sin ce the publicati m o ' the last
3,510
1,381,886 issues of th.- I n v e s t o r s ’ and Street R ailway S upplements
may be readily found oy means of tne following index. This
$12,715,298 index duo- not include matter in to-dav’s C h r o n i c l e ,

T 01* 1— ....................................................$12,355,271
. « * ,P , 330.

rcmcliitec ‘.,,(1, .

Th- plant has a cap,.otry of l,50«,0W) oil hi0 feet per fiaY. Fh» ou ^
Kcr 31?l” oei was e / 7 9 !" U pilHS The nura*>8r Of meters In use Decern-

The directors are; Emersoc M sllilltan, President, 4) Wall
Street, New York; Noyes L. Avery, Grand Rtpids; Jr nes M.
132,806 Birnetr, Grand Rapids; Anton, G H-tden ivl, G an 1 Rtpids;
25*U0O Henry Idema. Gr ind Rtpids; Thomas J, O'Bri * ,, G r.n ! Rap.
658.144
35,095 ids; J. Boyd Pantlind, Grand Rapids; L-s’ -r J.Rtndge, Grand
766,762 Rapids; Henry D. Walbridge, Grand Rapids.

Bill* payable,.. . . . . . . . . . . . . . . . . . . . . .
Avvuntii* payable.................
Ikmd Inure 61 ...................................
....................................................1,317,093

SSiTK

The com pany was charts r e t Jan, 17, i-igg, for 30 v, , , rBi „ ,,,Jor
tile general laws o f ib a s tiiie o f Michigan, On t p n l 23 It aca itred n .
^a ^
™om 2pany,
v t o JS!2!2CT;
u ' aBU;'
» »lug
-M s e s o tintu«
S o f aT
p id*
g
« <
m « mi factor,f
ring
ami ft
aell
ihooettv
Grand
Ra, id| under authority o f an o
r
d
im m 'm
jpa«*ed January b, 1890, and ruunloe fur thirty y^ar* from that d «te
The properly consist* o f the itms work*, with a onm ulc'* svst**m o f
IfSiT.n vT‘* 4 roUKJlout1 Titr of Grftort R*‘*l Is Tb* i!otu »a«w owns
a valuable piece of real estate in the ol*y. well located fur l spiirouaes

$10,239,175
397,050

_

Final account.*.*.,...........
$10,408,901
E v mm» tro«t*-e ................ ...............................
T:t'»*ur;.
i2*§00
Borara. isioos, e t e . . . . . . . . . . . . . . . . . . .
132.806
Uc*rehat,dlM<.........................
2 5 2 ,1 0 1
____ . . . . . . . . . . . . . . .
723 3 17
Bnw
Btlifr m e-Irabh*. ............
30,759
A ccvumn receivable......._............
713,.; 1 4
......... ............................

The Grand Rapids Gis-Light Company, of Grind Rapids,
Mich., has had its $1,225,000 bonds and $1,000,000stock plac’ d
on the regular list of the New York Stock Eicbeuge. The
application to the Exchange s«vs in part;

10 N ew Y ork and Grand Etaptda, and are part of a to tai authorized

(R e p o r t f o r the y e a r en d in g D ec. 81, 1896.)

T o ta l..............................................

Grand Rapids (jas-Light Company.
('S tatem ent f o r the y ea r en d in g Dec. SI, 1 3 9 6 . J ■

S e s S l £ rl5lT?n ref its,f l1’10- '» ,lle ««y of New V .rk the bonds are

|
1 P l*.dividend p » $
J mu, 15, 1895.
| t-9«?«9C0 t# AUitfeiMj payable J*a. 15* 189#.
f 91,094*3501* d irtaeaa payable Jan. 15,1897.
•V* €4,1*. 009,

3 «*rfa—

(VOL. I lXXV.

189,3-1921....
1801-1021,..,

h iMirie . 1>5E-L023,.,.
■
Mb'2-1922,,,,

f-iOO.roo
LOOO.OuO

R a il r o a d s a n d M is c b l . C o s .
R a i l r o a d a n d M ih o e l , C o rs. (O o n )
Yainm e 6*1 —
P age
V ola m e 04—
Page.
Altoona Clearfield & N o..... ...s o li. 4S8 OfirdensbAt L. C.as in int.374? fared. 567
Atchiaim Jewell Co. & W .)
- 1ft Ohio Stmth’n.4epo$tts.831; nc>\d.t$. 374
Ai chi son Ooi. & Pac
j
510 Ohio VaiJey ................ .o m m i t t 288 Atlanta & W e t Point— ,f<o reevr. 516 Oregon RR. A Nav. ,mlr of cdntr h 2c8
Atlantic & Pacflo... . . . . com .M 8, 516 Oreg. Short Line a U. N f Opp.isL
Atlantic Short Line, - .......... reara. 609
288: nrw c<‘. 333; m u 'confirmed. -J7i
B. & O.—Pitta. & Gonnellsv,,,cou»>, 236 Peer.a
Dec. & Ev ..foncL x35, 470, fits
Butte & Boston Mining Co. .. sold. 286 r.
....roup. 28s
Caoe Fear & Yadkin Vai...... forerj. 18
Peona Water Co. .............. emm, 470
(Central Obio.cmml^O, 422, 516, 523, 506 PinJ. Read a& New Emu raora-ibL 235
Cent. Vermont./o ec>. ht . pen>nt<. 5i.-. iuincy dm & K. C. .s jL.ISI : tmrg. 470
Chattanooga Rome & Col .....p la n . 516
fc. Clair Madison & Sr.L Belt.r»*st?r. i8l
Chester & Lenoir ..... ...... rtnr<j. 18 1 t. Joseph A Grd.Isl.>uc. val oldb l «. 570
Clev. Canton & S o .....fo rech status f io i t. Louis Salem & Ark . . . . . . . s Id. 567
Colorado Coal & l. Develop. .forecL 5 >7 i har tsville R ;................... rec« 245
Columbus A Cin. Mid.
r»m, 18 ». 33'>
mrt Route Ry, Transfer.. .fared. 331
Columbus & Hocking C. & l..n cv r . 010
•otn Oamllna Midland. . . r e r r 287
Col. Hock. V. & Toledo.. .
icw r. ■22 Ten’
.lessee Central
. for ed. 288, 424
Do
Do
d-/«fUit.510; fond . 010
Col. San. & H----rr-co. s. d'hthnT<.cd. 28»j M
l
k T “ por.L ' c? s Do
com m ittr,. i
A sbo. .(iwfaiun, (112
Unyler& Woodburn,............. mid.
> j Tran* Mo. Freight.for
a . i s i , 4:2
Detroit Lansing & No. . ,. reiou. 460 ; unionDoPuclflc.
..K . p. cm rrtim n . 3>1,424
Duluth Gas & W .recnr, (Uschancrt. 423 !
Do
do
do
p:,m. (2 1
Ba^t Tennessee Land Co ...... mle. i23 !
go
slnidnKfuudRa.nMn. 3;il
Fdlson Elec, ilium-, of St.
516 j _
Do .
io-,. ir. ijafrl 8,., 5(17
Evansville A Richmond.
. M l . 01 3 W heeling & Lake E, .rereom; cam. 1S2
Ft. Wor^h A Rio Grande.. default. 287
do
,1 ?' p.bmid-*. 22(1
Gainsvllle Jefferson & S’*. ...recur. r»m , „,„DDo
o
do
, ro ck m i 33, .774
Gal. La Porte & Hous,. Jortcl. mM 010 |Wilmington
Newb'n. A Norf-.wiir. OCS
Ore nw. Anderson & W ... .rtevr. 287
Stheht R a il w a y s .
HelenaCou.WaterCo.(Mon.).rf’c»*“. uio 1
HenderBonville & Brevard Ky. T.
Volume 64—
Page.
, &T
...
..............
t ectir. 423 Austin (Texas! R. T . ...... recur. 123
Jackaonv. Tami
mo 1
||

L U d f W k ,* M e m . v ; ^ . r s v , M7 S S o f l l n »
^
f Z . Jffi
lAnib; Island
.. e »trai 2M Capita! Ry. (Frankfort Ky.L..sm. 422
Loutsv. N. A. A Gb.cn ip. 231. mid. 5\T ; Citizens' i’niC.(S-«n Dieyo.' al.)rec«r..i22
Do, . - J&° , C sf inutal. due. 50/ |Col. A Maryland Ry. {Baltoi).r#'or >. 010
Memphis & Charlestun.......... sme. 873 i Dallas City
_
_ ...rscnr
507
City Street
Street
..........
rtevr, 507
Mexican National U t. on a bmd# 51
Emnewqod & C dc. m ...reert.ctf* . 423Middle f onn. & ala .......... ..tai*. M‘
Fourth St. & Ananal ( S .L...<ec»r, 518
-Mobile t Blrm
. nt.m i U com*?. 518 PeoDlets Riihv.v . ..{ do rears Oil
Nati-hex A lied River it Texas
Hannibal (Mo )St. Rr.r v<><lid sold. 610
RR ..... ....... . .. ....
soul, *121 Met. West Side El. (Chic.)....rears 0,11
Norfolk & Wostern. new seeuritkn. 371 South Jersey Traction............s m . 567

.9,000
1«1
7«,6*00 UlPlfhenv « Kiiizua l l s . — R eceiver A p p o in te d . - 4 t Buff6,000
482.000 falo, Mai*('h 29, JutJgu Ltmoerf, aittiag; iu Special T-rm, an4i8;ooo pointed Fred, W. Kruse, of Olean, receiver for this raid,
701.0 fO pending the result of the suit to recover money loaned on the

854.000
815.F00 com pan >’a bonds, which, it is alleged, wura not secure 1 as
25,000 agreed,-—V. (Ji, p, 865,
0,808
American dell Telephone —S tock In crea sed b y $3 895,009.
—The stockholders on Miron 30 voted to increase toe capital
stock 10 per cent, tqual to 53.365,000, making the t >tal capital
$28;® 15,000, President. Hudson stated that the increase was
necessitated hy the steady growth of the com oioy ’s business.
The new so ck will be offer, d to stoikhol lers on the basis of
...........:•:.!•(ip.S'rt one H' are o f new for each 10 of old now hel I, at such price as
Iclved for each the Commis-ioner of Gorporaiion may fix, and a y stock re* mainmg unsuoscrined under this arrangemeut will be sold at

A pril 3, 1897.]

THE CHRONICLE.

p u b lic auction. The subscriptions to the n ew stock w ill
be pa ya ble—on e -h a lf on J u ly L 1897, and the ba la n ce on
O ct. 1, 1897. A circu la r rega rd in g the issue w ill be put out
at an early date.— V . 64, p. 609.
A m e rica n T o b a c c o .— D ivid en d on Com m on.— The directors
o n W e o n e sd a y a n n ou n ced th e regu lar qu arterly divid en d o f 2
per cent on the preferred stock and a d ividen d o f 2 per cen t
on the co m m o n stock. On the com m on w as paid 12 per cen t
per annum fro m 1891 to N ovem b er, 1895. Subsequent p a ym e n 's have been : M ay, 1896, 2 p er cen t cash and 20 per cen t
in scrip ; D ecem ber, 4 per cen t in cash, an d in F ebru ary, 1897,
3 per cent.
I actors' A greem en t A ban d on ed .— The c o m p a n y has sent ou t
circu la rs to its job b ers an n ou n cin g the a b an don m en t o f the
fa cto r system in selling its produ cts to consum ers. So m any
la w s have been passed in the various States against this fa ctor
agreem ent th a t it w as d ecided litigation t o test th e con stitu ­
tion a lity o f all these acts w ou ld l e too expensive. It is p ro ­
posed to su bs'itu te cash donations o r gifts o f m erchandise as
a m eans o f stim ulating trade.— V . 64, p. 515.
A tch is o n C o lo r a d o & P a c ific R R .— \ tc h is o n J e w e ll
C o m ity <te W e s te r n R R .— M a jority o f B on d s D ep osited .— A
m a jo rity o f the 1 st m ortga ge 6 p e r ce n t bonds o f each o f these
co m p a n ie s h ave been deposited w ith th e p r o t* c 'iv e c o m m it­
tee, o f w h ich T. Jefferson C oolidge, J r., is ch a irm an . A n
ap plication to list Trust C om m ittee certificates fo r the bonds
on the N ew Y o r k and Boston S tock E x ch a n g es w ill be m ade
im m edia tely. A d d itio n a l deposits can be m a de w ith ou t psna lty u p to an d in clu d in g A p ril 1st. See ad vertisem en t in an­
o th er co lu m n .— V . 64, p. 516.
A t la n t ic C oast L in e .— C on solid a tion o f South C arolin a
L in es — U nder date o f March 27 President W a lters w rites us:
“ W e have p rocu red from the South C arolina Legislature a
ch a rter au th orizin g us to consolida te all o f the railroads w e
co T iro l in Sou th Carolina in to a single co m p a n y bearing tbe
nam e o f the A tla n tic Coast L in e C om pan y o f S ou th C arolina.
This charter w as p rocu red sim ply as a p relim in a ry step. No
d ecision has as y e t been arrived at b y an y o f the com pa nies
as 1 o w hether o r n ot th e charter w ill be availed of. I a m
th erefore unable to g iv e y ou an y m ore definite in form ation ”
— V , 64, p. 232.
A t la n t ic & P a c ific R R .— A tch is on T o p e k a <fe S a n ta Fe
R R .— Foreclosure Sale o f W estern D ivision M ay S — The
W estern d ivision o f the A tlan tic & P a cific R R , is advertised
to be sold under foreclosure o f the first m ortga ge o f 1831. at,
G allu p , N. M . on May 8 , the upset price being 85,000,000.
The W estern D ivision first m ortgage bonds w ere all deposited
as part security fo r the first guarantv trust m ortga ge o f 1887,
w h ich was foreclosed in A p ril 1895, the collateral being
b o u g h t in by tbe Bangs reorgan ization com m ittee for a ccou n t
o f the assenting bondholders. In Janu ary last, as previously
noted in this co lu m n , the B in g s com m ittee sold the W estern
division bonds to the A tcbisoD , w h ich com p a n y , th rough the
foreclosu re sale n o w advertised, w ill p erfect its title to the 564
m iles o f road in the W estern d iv is io n .—V. 64, p. 609.
A tla s J a c k C o — Sals o f A ssets A p r il ;7 .— P ursuant to a
decree m ade by the U nited States C ircu it Court on M arch 15,
the receivers w ill sell the p rop erty o f this co m p a n y as an en­
tirety at a u ction in Boston on A pril 27. T he sale will be
m ade su b je ct to a m ortgage o f 1891 to the Boston Sa fe De­
posit & Trust C o ., upon w h ich there is due fo r prin cip al and
interest $237,568, the upset p rice for the property, su b je ct to
said m ortg a g e being $250,000.— V . 62, p. 1176.
B a ltim o r e H, O h io R R .— Interest P a ym en ts A p r il 1.— It is
an n oun ced fro m Baltim ore that the fo llo w in g interest, am ou n t­
in g to ab ou t $390,000 w ill be paid :

663

P liesa p sa k e Jtaio & S o u th w e s te rn R R .—F oreclosu re Sale
o f E q u ipm en t.— A t L ou isville, March 27, the rollin g stock seou rin g the equ ipm ent bonds o f 1881 w as sold under foreclosu re
and purchased in the interest o f the Illin ois Central R R , Co.
The equ ipm ent in clu d ed 533 b ox oars, 280 g on d ola oars, 9 re­
frigerator oars, 33 ten -w h eel e n e in fs , 5 eig h t-w h eel en gin es
and 2 six-w h eel sw itch en gin es.—V . 64, p. 422.
C olu m b u s H o c k in g V a lle y & T o le d o R y .— C ou p on P a y ­
m e n ts — C oupons du e M arch 1 , 1897, on C olum bus & Toledo
R R . secon d m ortga ge 7 per cen t bonds and cou p on s due
A pril 1st, 1897, on C olum bu s & H o ck in g V a lle y R R . first
m o rtg a g «7 per cen t bon ds are bein g paid u p on presentation
at the office o f th e State Trust C o., 100 B roa d w a y, N. Y . C ou ­
pons o f the car trust bonds w ere paid A p ril 1, w hen due.
R eceivers A u th o riz ed to B o r r o w .— A t C olum bus, O h io,
M arch 30, J u d g e G eorge R . Sage, o f the U n ited States C ircuit
Court, authorized R eceiv er M onsarrat 1 1 b orrow $100,000, to
be used in ad dition to the earnings to m eet obliga tion s o f the
com p a n y , in clu d in g the cou p on s a b ove m en tioned.
Y . 64, p. 610.
C olu m b u s S a n d u s k y & H o c k in g H R .—C ou pon P a ym en ts,
—T ne coupon s du e A pril 1 on the p rior lien bonds o f 1895
w ere paid at m a tu rity .— V . 61, p. 423.
D ia m on d H it c h .— E n glish m en P rop ose to T ake O ver the
L iverpool P la n t in C on sid era tion o f a n O p tio n on S to c k .—
Coates, Son & C i., o f L on d on , have agreed to orga n ize and
finance an English com p a n y to take ov e r the L iv e rp o o l fa c ­
tory o f the D iam on d Match C o., an d to assist in in trod u cin g
the m atch m a ch in ery in oth er foreign cou n tries, in con sid era ­
tion o f b=ing given an op tion , ru n n in g to Nov. 1, on a large
b lock o f the stock at $165 a share. The C h ica g o “ E con om is t”
says:
The Illinois Trust & Savings Bank has been seleoted as depositary
to receive the stock under a trust agreem ent w hich permits the
depositary to deliver It to the Londoners at any tim e during
tbe life of the option, at the stipu late! price. E L. Lobdell and
Clarence Buckingham have Item at work this week am ong looal hold­
ers o f the stock getting signatures to the trust agreement, and alreatv
upward o f 30,000 shares h w e been secured. The largest looal holders
have assented to the proposition.
The Englishmen w ould like a controlling interest in the oom pany.
Th« deal is. however, not contingent upon getting so large an am ount
o f the stock. Probably 1 0 ,'OP to 5 >,00 1 sh tres a ill satisfy them.
Thus the tt tntrolling interest In the oom pany will probably remain on
this side o f the water.
The positive consideration for this optlsn consists in the form ing of
the English com oanv to take over the Liverpool plant. The Diam jnd
Match Co. is to reoelve beads or preferred stock to the am ount spent
in butldlng tbe plant, approxim ately *5 0 0 ,0 )0 . In addition it is to
reoeive 51 per ceut o f the com m on stook o f the new com pany, in re­
turn for which it will furnish the m at oh m achinery and permit, the
use o f its patents. The Diamond Matoll Oo will thus control the Eng­
lish com pany, and 51 per nent of whatever profits the new Held yields
will aoonie to the stockholders itt the parent com pany. It is proposed
furtherm ore to continue even more aetively the oam palga for intro­
ducing Diamond Match m iohinery abroad which was begun a year
ago. Coates, .Son & Co. are to lend their assistance and the Diamond
Match Co. is to rectve 51 per cent In the stook o f wh ateverother a u xil­
iary companies may be form ed for operatlngthe machines in countries
other than England. The new deal. It is understood, does not Include
France nor Austria. President Barber is now in P ads and the nego­
tiations with the Frenoh Governm ent, in whioh considerable progress
was n u de last year, may be carried to a suooessful cone ttsiou. The
Austrian deal also was gotten well under w.av 1ast year.—V 6 t ,p ,2 6 5 .

B r o o k ly n E le v a te d R R .— D efa u lt— C oupons P a id a t R i t e
o f J P er C ent P er A n n u m by C om m ittee — The com p a n y was
unable to m eet tb e cou p on s du e A pril 1, but th e reorg a n iza ­
tion com m ittee, pursuant to the plan an n oun ced last w eek, is
p a yin g the sam e a t the rate o f $20 in cash on ea ch B rook lyn
Elevated and U n ion E levated first m ortgage bond deposited
w ith the Central Trust Co. Subsequent cou pon s w ill be sim ­
ilarly paid.— V. 64, p. 609.

E rie R R .— Offer to P u rch a se B on d s D ue M ay 1 .— Messrs. J.
P . M organ & O o. g iv e n otice that tn e v are prepared to pur­
chase the $2,482,000 first m ortg a g e 7 per cen t bonds o f the
N ew Y o rk & E rie RR. Co. du e May 1st. 1897, at 102 and in ­
terest, on d elivery o f the bonds at their offiies, the righ t being
reserved to term inate this offer w ith ou t n otice. The n ew
Erie m ortgage o f 1895 sp ecia lly provid ed that these bonds
m igh t be exten d ed at the co m p a n y ’s option for an y period at
n ot over 4 per cen t interest, prin cip al and interest, if so de­
sired, payable in g o ld .— V . 64, p. 373.
E v a n s v ille & R ic h m o n d R R .— E v a n s v ille & T e r r e H a u te
R R .— G u a ra n ty o f B on d s U pheld in S u prem e C ou rt o f New
Y o rk .—A ju d g m e n t overru lin g dem urrer to John D ou ga n ’s
com p la in t in his suit against the E van sville & Terre H au te
R R . Co., to hold it liable u pon a gua ra nty o f bonds o f the
E vansville & R ich m on d R R ., was affirm ed on M arch 27 by the
First Appellate D ivision, in an op in ion b y Ju stice In grah am .
The com pla in t alleged tw o causes o f a ction : th e first, to r e ­
cover th e a m ou n t o f certain first m ortg a g e bonds on w estern
division, E lnora to C olum bus, an d the secon d, to recov er the
am oun t due u pon certain first general m ortga ge bonds. The
liability o f tbe d efen d an t is based u pon the fo llo w in g g u a r­
a n ty , w h ich w as pla ced on ea ch o f the bon ds:

B u tte C o n so lid a te d S t r e e t R y .— F oreclosu re S u it.— The,
Massachusetts Loan & Trust C o., m ortg a g e trustee, has
b rou gh t suit against this com p a n y fo r foreclosu re and the ap­
poin tm en t o f a receiver. Interest to the am oun t o f $135,000
is said to rem ain unpaid on the $500,000 m ortg a g e o f 1881.
Cape F e a r & Y a d k in V a lle y R y .— F oreclosu re D ecree
S ig n ed .—A t R aleigh, N. C ., A pril 2. Ju d g e Sim on tou signed
tbe decree fo r the sale o f the p rop erty as a w hole, ex cep t the
rollin g stock and ihe South C arolina P a cific R y ., w hich shall
be sold separately. No bid fo r property, ex clu sive o f the
8 outh C arolina P acific, for Jess than 82,009,0)0 shall ha a c ­
ce p ted . Four branch lines, covered by a m ortgage to the
Farm ers’ L oan Sc Trust C om pan y o f fle w Y o r k are not a f­
fected by the sal», but the consolida ted m ortga ge to the M»r* can tile Trust & Deposit C om pan y o f Baltim ore is a d ju d ged
a valid and subsisting lien up in such brancia line. B tdd-rs
w ill be required to deposit $3 >,000 w ith the S pecial Masters,
and if their bid is n ot accepted the m on ey is to be retu rn ed.—
V . 64, p, 180.

A s to the W es 'ern division bonds, o f w hich all but a fe w
have been ex ch a n ged for the general m ortgage bonds, fifteen
bonds being represented in this a ction , the C ourt holds the
defendant is liable for tb e cou p on s due and unpaid, but in the
absence o f a n y oth er provision in the m ortgage than is al­
leged is u nder n o obliga tion to pay the prin cip al until m a­
turity.
A s to the general m ortga ge bonds, o f w h ich 108 bonds w ere
represented in this action , the C ourt h olds: “ B y the bond it is
provided that upon d efa u lt in the paym ent o f th e interest the
principal and interest m igh t b ecom e collectib le in the m a n ­
ner, to the exten t and w ith the effect specified and sat forth

Loan.
C ou p s— Where Payable.
Amount.
Philadelphia D ivision..............London, Brown. Shipley & C o ..*261,360
Parkersburg B ranch............... {
b“ ° ^ lv* aCo • | 90,000
Loan o f 1953 extended at i % Baltim re. by receivers.............. 31,910
Eqnlpin’t trust. Series, “ A .".. P M I a , F ininoe Co., o f Pa..........
7,500
—V. 64, p. 566.

“ Tho E vansville A Terre FTaute Railroad Company, for a valuable
consideration, the reoeipt w hereof Is hereby acknow ledged, hereby
guarantees the paym ent of the prlnolpal and inte-est mentioned in
tbe within bond according to the tenor anil effect thereof
and that
placed upon each o f the b tnds described in the socoud cause of notion
being “ for a valuable consideration, the reoeipt w hereof is hereby a c ­
know ledged, tbe Evansville <fc Terre llau te Railroad Company hereby
guarantees to the holder o f the withiu bond tho pnnetual payment o f
the principal and Interest thereof when and as (ho same shall b 'com e
due and payable.”

THE

HU1

C H R O N IC L E .

lOTlyiie, nail by the d«md of trust it
default In the p ivroant of tin* inter
n<| k» cured l>y th mortgage should,
ihc iri ueva. b-oom** Immediately due nod
thu js oviiii.in, therefore, immediately upon
i the payment of the interest, noon this
a th- principal sum became at once due
th* iligor to the holder of the bond, and the
<l*f.
savin: guaranteed the payment of the principal
>nf wh 'ii tin* same shall become dua and
an!
ih
riotsipel having become du« and payable,
pay
I In* b<anti itself, the defendant was liable,
ref- r<*. she demurrer to both causes of ac­
tion was j r *p.*rty overruled and that th •judgment should be
affirm, *1, with c
V. fit. p. 810.
Indianapolis a Broad Kippla Rapid Transit—Receiver
Ajij'tiir'i f,>r - A rri-t iver lins b< en applied for forthmcnmpnnv,
. ra
■ 1
• ■
of which IlMhCOo is claimed hy the Electric Corporation of
Ik vston. Tin State Street Safe Deposit
Trust Co. is trustee
under the first mi rtgage of 1893 for STiO.OOO,
tn iu«

b pro

a m i of
thi

u {-

K an m sflty I’ ittshorg & Gulf Itj,— Mr. Stilwell elected
fh isitin st —E. L. Man in having nvig ed the presidency, A. B.

StiSwell, Vice President and General Manager, has been chosen
t>y cl,.- I - aid A directors to succeed him. Mr Martin was
appointed to till the vacancy caused fay Mr. Stilwell.—V. 64,
p, tea.
Leuminster Jc Clinton ‘Street Railway — B on d s Offered. —
This company's §150,000 5 per cent sinking fund first m ort­
gage Sthyear gold bi nds, 1897, are i ifered for sale. This is
the first lien on the company’s entire line of electric railway,
which extends from L otninst r, Mass., through Lancaster
and Spilth Lancaster to ai d through the prinotpal streets of
Oimtfn , Mars. Three miles from Leominster the company
own* .« large iract of laud, part ot which has been laid out as
a public path, provided with faci'iues for recreation and
sport. This jiirs became during 1896 a popular summer re­
sort. At this point also the company has developed an ex­
tensive water power sufficient to supply nearly ail tne electric
powit required by the road at a nominal cost. The entire
road is about twelve miles long.
Tin? earnings for the first six months, during part of the
tune the road was building wire: Gross, $20,030; expenses,
including nure-n and insurat c*. $12,876; n it earnings, $7,15
8tr a i veriuement of Fuller, Harding & Co on another page.
Lonistfile Evansville <S St Louis RR.— R eceiver's Oerti/wiites.—The United St it, j Circuit Court at Indianapolis has
authorized the issue of 8324,300 receiver's certificates to take
up S-$0,> oo certificates issued one year a g o ; $40,000 for the
purchase of 100 dump cars and $4,500 for interest on the bonds
of the Venice & Carondelet road.
f i r s t Mortgage Committee.— Notice to B on d hold ers.—Foreclosure proceedings having been instituted under the first
mortgage of i860, as well as under the second mortgage,
a committee consisting of John M, Graham. President Inter­
national Trust Go.. Beaton. Mass; Alfred D. Foster, VicePresident New England Mutual Life Insurance Co;, Boston,
Mas*., and John S n«<, VToe-Presideot Fid, lity Trust & Safety
Vault Co., Louisville, Ky., notifies all first mortgage bond
holders that it is important that their bonds should be deP«dtfd with the International Trust Co. of Boston, Mass., or
ih>, i idelitv Tru-t i t Safety Vault Co., of Louisville. Ky., on
or i*fore April 3h, 1897, under an agreement for the protection
of their interests, See advertisement in another column.
.'vrnmf M ortgage R eorg a n iza tion C om m ittee .—Holders of
Uie second mortgage bonds of 1886 are invited to deposit their
bonds with the International TrustCo.of Boston or the Louis­
ville Trust Co, of Louisville, on or before April lo, 1897
un.cr an agreement appointing George W, Norton, J. F,
Il. nry and Janus W. Bryan a committee for the protection
of their interests. Negotiable receipts will be issued for de­
posited securtUi s.—V. t4, p 438.
Louisville New Albany a Chicago Ky.—Chicago lndianap >ll» tc Louisville Ky, — New C om p a n y O r g a n iz e d — New
iJrtruMf ir*. The Chicago Indianapolis & L misvilie Ry., which
tn the ,-our— of a few weeks will succeed to the property of
to, old Lofibvitle New .Albany & Chicago, foreclosed, has been
organi/.'"! with the foliowi, g directors: .Samuel Thomas, John
Um-notuh, John G. Moore, Edward R. Thomas, Gilbert H.
• v ’ } , Mc D « l, James Murdock, Crawford Fairbanks
ami v T. JLilotr, The officer* elected are; Samuel Thomas,
1 resident; U H McD el. Vice President and General ManAsdstant Treasurer; W.
Tn i.«ur» r and A -»islant Secretary; E. C. Fields,
Kr tzioger, General Counsel.
■bem g Pruned and will be ready to
be nutted will
, ft
ok*.—■V. 64, p- 587,
Middletown l aloBTUlc at W a te r Gap UK.—New York
StiMjiietiani a * M oslem KR .— P rop osition to E x te n d Banda,
*—!Jyl Imi
of th# i?2'i".(i00 tweaod mortgage bonds
of Um} Midtllefc>wn UnionviIU?Me \\ iterG hp RR have assented
to thi* pm pm h iioo to vxletu l to June 1,1911, the principal of
ill# OtTfici# Wbkth mmtureci Do -• 1• 1896, When all the assents
bftt #
lrt-4 the* bjac Is will be stamped accordingly
m\4 iiwwr m m m n mlmm furoi^
bed. It is thought this will be
iffWted %^hep ijin n e x t interest date occur*, viz,, June
. In§» !», It Ml; V, f»|, p. *ii
rw York * H arlem R R . -N e w York Central & Hudson
Hi' r r U R . - W h o trill get St
!,'lnS from R efu n d in g o f H arlem

[V o l . LX1V.

7s —In reply to our inquiry an official o f th« N»w York &
Harlem writes u<: “ Tne qu s' ion as to which notnb&nv the
saying in interest on the refunding o f »lu> $ 1 3 ,0 0 0 ,01)1) Hirlem
Railroad 7s, due in 1900, is to accrue h is not as y**t been
d-finitely determined. Ic is m r under consideration,"—V .
84, p. 518.
New York New Haven v Hart nr.i R R — New D ebentures
- A despatch to the “ Evening P on ” srvs that it is officiallv
stated that the am mini authoris'd o t t h * new 4 per cent non
convertible debenture bonds of this company is $10,000,000.
of which #3,000,000 will he issued as soon as the bonds cm hprinted. L’he bonds will run for fifty veara, to Mirch, 1947.
I’ll** remaining #7,000,000 of the loan will he issued as nee led.
i i connection with the requirements of the floating debt ami
au horized improvements.—V. 64, p. 611,
Norwich & iVorco-ter RR.— New England H R .—M odified
Lease. - The New England HR. Co., as is well known, has been
operating the Norwich & Worcester under the old lease of
I860 to ihe Boston Hartford & Erie, subject lo the Caolifica
lions of April 2h, 1888. This lease has now been modified as
of Jan, 1, 1897, iu the fi 11 'Wing particulars :
1, The v. & \V. agrees! to extend Hr road oo the east side of the
Thanes River to a connection with the tr. v. ST. It. * HarOordat
or nenr Uroton.
h
2- The N. & W. Unvios acquired all the 0 -pit U stock of the N
’ orwioh"
& Worcester Traoeportation Co., that properly- i9 iin.-tudod In the
lease the lessee to keep the same tn good condition.
3 The value o f the personal property for wh oh Hib lessees sh vlt ha
aooqootalile mi term inalion o f the lease is Axed at $830,020.
4. Property not ceded for the use o f tile rubra id or et-ounboat* may
he sold or euti let, with the auproval o f the directors o f the S & IV'.',
and the proceeds credited to im provem ent fund
the provisions o f the old lease providing fo r a m anagH g agent to
collect >md illelmrss Iks ean dn gs o f the leased property all ul be sus­
pended so long as the lessee pays the rental nrompth*. *
o. Che lessee aa rental **h *U p ay to the ifiieor aa m iount equal to 2
per oent quarterly on ik e capital stock (of which #2.709,200 is now
outstanding) as now or here ifter issued, the interest on »ll bonds now
nr hereaft-r outstanding aud lutereston the B oatiacdeh t {#300,004 If.
& W . and #3.i0,«i00 N. & W. Cransponatlou Co.) u ,t 1 the same shall
oe fuude.d.
•J’h " Sf. <fe V7. agrees to issue, when requested, additional stocks aud
bond# as fo llo w s : (a) to pay for the co .struotion uml reoonstruocioo
of ihe line netweeu fforwirihlaud G roton ; (b) to pay for perm anent imrovements as approved by ,V. <st W. directora: (e) to nay riijJii.OOO
outing dohe abovernentionm l; (d) to refund bonds m itu rlu g. -V . r>4,
p. 4 '0 .

S

Old ' Otouy R R —§,?«/.000 S tock to Be S old.— By order „ f
the directors $20J,OOu of the *ofupativ'8 capital will o- sold a ,
auctwu iu Bos,on. April 10, by R, L. D iy & Oo. —V. 64. p, 231.
O reg on Nh *rt hi tie R R —~New S ecu rities .— The new securi­
ties, it is thought, « i!l be ready for distributi m within the
next thirty da\p. The company has opened an office iq th *
Ames Building, Boston, wh ro President Carr a ,d Secretar.
Cummins are located.—V . 84, p 611.
P e o r ia D xutur & E v a n s v ille R y .— D eer e in Second.
M ortgage F oreclosu re S u it. — A.t Springfield, III., March 31,
Judge Allen, iu the Federal Court, entered a decree of fore­
closure in the second mortgage bondholders’ suit. Twenty
days are allowed for redemption, at the expiration ot which
time the Master in Chancery is directed to sell the property
after six weeks’ advertising. The sale will be subject to the
first mortgages. It is exp»c ed to have a plan of raorganiz ition formulated prior to the sale. Of the $2,088,000 second
mortgage bonds, practically all are deposited with the New
York Security & Trust Co., under the bondholders’ agreement.
— V.64, p. 518.
P it t s b u r g

A lle g h e n y *

M a n ch e s te r.—N orllt S id e T r a c ­

tion.—Lease and P u rch a se o f S tock .— Tne Ptttsourg p*p?rs
report that negotiations are again m progress for a lease o f the
Pittsburg Allegheny & Manchester road to the North Side
Traction Co,— V . 68, p. 1064; Y. 64, p. 235,
St. Louis S o u th w e ste rn K y.— May C ou p on s—Offlcial S tate inept. —Touching the fall on Thursday in the price of the
company’s binds, Vice-President Elwin Gould made the
foil owing statement:
Thor© is no ofiiise for it in tlio coudltiou o f t-hs cotnp&n.T. Our llsetl
obarsrea are oah +B0(),ooo 51year on a road over 1 , 'Od miles la length.
Our floating debt has been pr <etJoally extinguished. We always make
a temporary loan fo r our May Interest payments, -mt p a v it o if iu a
short time from net earning*. We have felt the bard times but have
doaem u eh better than m ost Western roads. Our interest due-May l
is provided for. and t will purchase, through the Secretary o f the
Gompany at. 1.05 Broadw ay, any coup m s presented for eotleotioa. at
their face value, deduetlog lute rest at 8 per oenc till May 1 .—Vr. 0 3 ,
p« 648.

Secon d A v en u e R R .. N ew Y o rk — No M on ey fo r D ividend
— C ircu la r to S tock h old ers.— Stockholders of this company’,

which lust January name into the control of a syndicate with
which William C. Whitney and Thomas F. Ryan were identi­
fied, have received the following statement o f affairs from
John D. Crimmins:
rn view o f the fa ct that this usual dividend day, the i s t o f April is
now m ar at huurt, tli« board or iliMotors tiad it, necessary to n u k e a
statement to the stork h eld oM ot the com pany of i.-a aot ial iluabeiiit
condition, us follow* [F or com parison we add the at 'tem eat issued bv
the old m anagement tor the year* ending Jane 3 0 , 18 » i and 1895,—
ivos.J;

,----- Present Circular.------, ^Former Itenorl

Total receipts, fares, 1 h»0.
1395.
1 8 9 1.
advertising
i rlvi9
S
•$
leges and rentals -..788,821 942,700 990,183
Operating expanses,
including taxes.rent­
als and Interest on
funded debt ....... -..818,866 880,595, 902,097
Net earnings..........,def.3'\ 041

Dividends paid....... s:s,7»o

62,104

93,100

83-085
93. IOO

Detroit ................. 118,831

30,995

5,014

1896

895,689

1
1895,
$
957,463

802,435

861,343 *

$

93,201
03,100

93,120
93,100

sur. 101 sur. 20

A pril 3 18x7.)

THE CHRONICLE.

From this statement It appears that there was not fo r the year 1896
any earnings properly applicable to the payment o f dividends, bat on
the contrary a deficit o f $30,041 in the operation o f the road. An ap­
parent balanoe to the credit o f the i com e acoount was created, partly
by om itting from the accounts items o f expense for w hich there could
be no possible excuse. In this w ay a floating debt was created
am ounting to $148,214 when the present management took o mtrol,
Feb. 1.1897. No taxes and assessments upon the property o f the com ­
pany had been paid fo r the last tw o years, and bills for horses pur­
chased for renewals had been allowed to accum ulate until they
reached an indebtedness o f $*9,905. It has also devolved upon us to
pay .judgments and settlements in sups against the com pany am ountin g io $ 2 2 .2 'H 71. The present board has introdu c-d ohanges and irnprov-m eats in methods o f operation, which will shortly show in b m e ­
ats to ihe property, but no safe prediction can be m ade as to its ability
to earn diyidends.

This circu la r is taken to m ean that fo r the present d iv i­
dends w ill be suspended.—V . 64. p. 472.
Sunth S id e E le v a te d K R .— C h ica g o & S >nt!i S id e R a p id
''r a u s it .— New S ecu rities R ea d y .— The certificates < f stock o f
th aS ou th Side Elevated RR. are n ow being issued in i xch a n ge
fo r the reorganization receipts representing the b in d s o f the
old C h icago & South Side R ipid Transit Co. T he n ew stock
is §10,323,800, and o f this $8,216,925 goes to th e holders o f
7,386 fir^t m ortgage bonds, b rin g par in stock fo r their p rin ­
cipal and overdu e inti rest to J a n . 1. 1897 (UJ^ per c*-n ), and
$1,937,100 goes to the holders o f 2,935 extension bonds, being
60 per cent in stock fo r their principal ov et-d u e interest 1 0
p er cent. T h rre w ere on ly 1 '4 first m or gage and 65 e x ­
tension bonds that did n ot com e in to ih e reorganization.
R eorg a n iza tion N otice —N otice is given by advertisem ent
in another colum n that the N orthern Trust Co. o f C h icago is
n o w issuing the stock o f the Sou th Side E leva ed R R Co. in
exch a n ge fo r th“ trust re ce ip ‘ 8 o f the C n icago & S ou th Side
R apid Transit bonds each hoi er o f $1 000 first m ortgage
trust receipt being entitled to receive I I s h a r e s ($1 ,112'50)
and each holder o f $ 1 , 0 0 0 exten sion m ortgage trust rec ipt 1 1
6 6-10 shares ($660) o f the n ew s to ck .— V . 64, p. 180.

«65

Ifltje C m u ra je r tm l
COMMERCIAL

3 ?imes.

EPITOME.

F r i d a y N i g h t , A p r i l 2, 1897.

The passage by the H ouse o f Representatives o f the T ariff
bill w ith the retroa ttive am endm en t p rovid in g that the p r o ­
posed duties shall, w ith certain restrictions, take effect fro m
the first day o f A pril has had considerable influence in som e
lines o f business, alth ough it is believed that the a m en d m en t
w ill be rejected by the Senate. Business in general has b^en
repressed to som e exten t b y the u n certa in ty a tten d in g the
final ou tcom e o f the tariff legislation, bu the fa ct that valuss
w ill probably be increased rather than d im in ish ed has p r e ­
vented any m a rked depression
E u ropean ad vices h ave r e ­
ported the political situation in a rather m or? com p lica ted
condition , but it has h ad apparently com p a ra tiv ely little i n ­
flu ence loca lly.
T he fo llo w in g is a com p a ra tiv e statem ent o f stock s o f lea d ­
ing articles o f m erchandise at dates given :
Apr. 1,
1897.
Pork ......................
Lard .......................
Tobaooo, domestic .......... hhds.
Tobaoco, foreign -.
Ooffee, R i o ........... .......... bags.
Toffee, Java, Ac ..
Ooffee, other______
m gar — .............. ...........hhrls.
Sugar...................... ...b a g s, Ac.
Molasses, foreign ............ hhds.
a i d e s ..................
l o t i o n ................... .. ___bales.
Rosin
................. .. ....... bbls.
Spirits turpentine ............ bbls.
............. bbls.
Car .. ...
............ bags.
Sloe, E. I
............ bbls.
Sloe, domesrio .
Linseed ................ .......... bags.
S altpetre.............. .............bags.
/a te butts . ....... .......... bales.
vianila hemp .. . . .......... bales.
bales.
Sisal hemp
* l o n r ............ bbls. and sacks.

8,793
22,576
12.582
3,720
333,582
40,558
1 0 ,4 4 4
2,151
1,612,686
55
19,000
242,578
43,917
1.570
2,380
15.000
8,7°0
None.
19.000
None.
19,529
2 ,011
120,300

Jfar. 1,
1897.
11,227
24,661
13,5 20
5,070
307,262
58,651
40,558
2,521
1,543,806
None.
v7,4- 0
266,113
53,305
1.503
2,373
35,000
10,800
None.
18,000
None.
I f , 592
23,170
115,100

A pr. 1,
1896.
6,436
24,697
14,756
26.654
186,502
52,000
40,744
1.817
662,356
None.
124,100
150,242
23,291
1.856
. 2,653
20,500
12,800
Noue.
8,200
2,600
17,080
48,090
146,000

T a co m a Ky. tt M o to r .— S old in F oreclosu re. —This property
has been sold u n d -r foreclosure for $101,000 to H ow ard C.
Reavia, o f N ew Y o rk , said tn have been actin g fo r the G j neral E le ctric C om p a n y.—V . 63, p. 1160.
U n ion P a c ific R f — C om m ittee ’o r C ollateral T ru st 5s o f
1883.—D ep osits Called F or. — A com m ittee consisting o f
F ran cis S. Bangs, H ow la n d D avis and W illia m E G ivn has
been form ed to protect the collateral tru t 5s o f 1883. Daposits o f the bonds a cco rd in g ly are requested to be m ade w ith
There has been on ly a lim ited ca ll fo r lard on the spot, bu t
the State Trust Co. o f this city under an agreem en t dated values have held steady, closin g qu iet at 4'45e. fo r prim e
March 25, 1897, w hich em p ow ers the com m ittee to proceed to W estern, 4'20c. fo r prim e C ity and 4'70c. for refined fo r the
fo re clo s“ the collateral trust deed w h en ever in the opin ion o f Continent. The lo ca l m arket fo r lard fu tu res has con tin u ed
the co m m ittee sufficient o f the bonds have been deposited. flat, but at the W est there has been a m od era tely a ctiv e
T h e com m ittee is authorized in its discretion to) bu v the c o l­ speculation and prices have ad va n ced sligh tly on th e d e ­
lateral at foreclosu re sale and to distribute ratably the secu ri­
creased receipts o f sw ine.
ties so purchased and all cash collected by it after m eeting
D A ILY OCOSING P R IC K S O F L A R D F U T U R E S
necessary expenses a m on g th e holders o f the certificates
8 a i.
M an
T u ts .
W ed.
Ih u r
P r\.
representing the bonds deposited under the agreem en t. See M ay................ ........... ...o . 4*50
450
4*55
4 52
4*55 4*55
advertisem ent in an oth er colu m n .
P ork has had on ly a lim ited sale, but values h ave held ab ou t
C om m ittee fo r C ollateral Trust 6s o f 1879.— A oom m ittee has
s 'e a d y , closin g at $!)@$9 50 for mess. Cut meats have been
also been fo rm e d fo r the colla 'era l trust 6 s o f 1879 — V. 64, p. 567
steady. T allow has had a better sale, and the close was firm
W estern F r e ig h t an d P a ssen g er A s s o c ia tio n s .— J a in t at 3 % c. bid and 8 J£c. asked. C otton seed oil has been q u iet
T ra lfic A s s o c la t i'in — T ra u s-M Isson rl F e ig h t A s s o c ia tio n . and ia sier, closin g at 20}£c. fo r p rim e cru d e and 22 % @ 2 3c.
— M lin ten a n ce o f O r g a n iz a tio n — The W estern F reight and prim e y ellow . B utter and cheese have been fairly active and
Passenger A ssociations, w hich , it w as reported last w e ik ,
steady
Fresh eggs have been steady.
w ould be entirely disbanded, it is n ow proposed to m aintain
The Brazil grades o f c o f f j e have had v ry little c til, and as
on a basis co n fo rm in g w ith th e Trans M issouri d j cision o f the there have been m oderate offerin gs prices have d eclin ed ,
Suprem e Court.
The freigh t association is to be called the closin g at 8 c. for R io No. 7. M ild grades have been in g o o d
W estern Freight Traffic Bureau. The passenger association supply but dem and has been slack and prices h ave fu rth er d e ­
may retain its presant name, but in fu tu re the main duties o f clined to 15c. fo r g ood C u cu ta ; standard J a va has been u n ­
both freigh t and passenger organizations will be the c >l!ec- changed at 25@25J^c. Tnere has been m ore a ctiv ity to the
tion and distribution o f statistics as to rates, ton n age, etc. In trading in the m arket for con tra cts but at the expense o f
the case o f the Freight Bureau each road is to 9 |j w ith the
prices
Continued heavy receipts at prim al points prom pted
C om m issioners its schedules o f division o f through rates. N i liquidation by longs, and prices for the w eek sh ow a d -c lin e
pow er, h ow ever, is given to the C om m issioners to fix the d i­ o f 55(370 points.
vision o f such rates.
R a w sugars have been in dem and and alth ough refiners
T he Join t Traffic A ssociation o f the E istern trunk lines d if
have advanced their bids sligh tly they have o b 'a in e d on ly a
fers in so m any respects from the Trans Miss >uri A ssocia­ lim ited supply. The c lo -e was firm at 3 % c fo r C entrifugals,
tion that )t has been decided to c m tinue it in operation as 90-deg. rest, and 3c. for m u scovado. 89-deg. test.
R efined
heretofore. The G overn m en t has filed its appeal in the suit sugars have been in dem and and high er; granulated closed
against the A ssociation and a m o 'io n has been m ade to ad­ firm at 4 % c. Teas have had a m oderate call at steady prices.
van ce it on ihe d ock et, that ihe case m ay he heard, if pos
K en tu ck y to b a cco has had a fair call and sales fo r the past
sible, b efore the Sum m er a d jou rn m en t.— V . 64, p 567, 612,
m onth w ere 1,000 cases at fu ll values. Seed leaf tob a cco has
W h e e lin g & L a k e E rie Uy .— C ou pon s in D efau lt — De­ had on ly a lim ited ca ll, hut prices have held firm . Sales fo r
fau lt occu rred A p ril 1 on the cou pon then due upon the the week w ere 1.727 cases, in clu d in g 400
casss 1895
first m o r'g a g e bonds o f 1926 (L ab e Erie D ivision ); coupon s crop N ew England H avana, 16 3 2 5 c ; 500 cases 1895 crop w isdue March l. 1897, on the T oled o Belt R a ilw a y first m ortgage consin H avan a, 8 0 1 0 c...etc; also 400 bales H avan a at 8 0 c.@
5s likew ise are in default.
$1 10 in nond, and 500 bales Sum atra at 65c.(3$2 in bond.
The dem and fo r Straits tin has con tin u ed qu iet and prices
R eo rg a n iza tio n N o tices.— The Fitzgerald r e o rg a n iz i'io n
com m ittee an n oun ces that it has received deposits o f nearly have w eakened sligh tly. The close, h ow ever, was firm at
all o f the consolidated m ortgage 4 per cen t bonds and has in 13'15@l3-25c. In got copper has had on ly a very lim ited sale
preparation a plan o f reorganization em b ra cin g alt interests. and prices have declin ed to ll'7 0 @ l l'7 5 c . fo r lake. L uad lias
In v iew o f the default o f A pril cou p on s the com m ittee invites sold slow ly but price* have held steady, closin g at 3 ’37)^@
holders o f first m ortgage bonds o f 1926 (L ake Erie D ivision), 3-42% e. fo r dom estic. Spelter has been quiet, but the close
and also o f first m ortgage bonds o f 1928 (W h eelin g D ivisio ), 1 w as unchanged and steady at 4 10@4'20c. for dom estic. P ig
to m ake dep sit o f the sam e for m utual protection with the iron has been qu iet and tasy at $ 1 0 @ $ 1 2 for dom estic.
M ercantile T iu st C om pan y o f N ew Y o rk . Edw ard N Gibbs, | Refined petroleum has fu rther advanced, closin g at 6 55c.
Vice-P resident o f the N ew Y o rk L ife Insurance C o., has in bhls . 4'05c. in bulk an d 7c. in cases; naphtha dull at 6 J^c.
been added to the com m ittee. See n otice in another colu m n .
Crude certificates have been n eglec ed C redit balances have
H tlders o f first m ortgage bonds o f 1926 are notified by Maic- been ad vanced to 96c. Spirits turi>"ntine has had a better
land, Coppell & Co. that i l view o f the d* fau lt on the cou p on s sale at steady prices, closin g at 2 9 )^ ^ 2 9 ^ c . R 's in s have
d u e A pril 1 the firm as ow ners o f and representing a large been qu iet hut steady at $1 65 for com m on aud g o id stra in ed .
am ou n t o f bonds, beg th at other holders w ill com m u n ica te W o o l has been firm , but du ring the latter part o f the week
w ith them for the protection o f all interested. See n otice in business was check ed by the retroactive clause in the tariff
a n oth er c o lu m n .—V . 64, p. 566.
bill.
H ops have been dufi and w eak.

THE

666

C H R O N IC L E .

[VOL. l..\IV,

In addition to above exports, otxr telegrams to-night also*
give us the following amounts of cotton on shipboard, not
cleared, at the ports named. We add similar figures fo r
t a n Movement of the Chop, an Indicated by our telegrams New York, which are prepared for our special use by Messrs,.
from the South to-night, is given below. For the week ending Lambert & Burrows, Produce Exchange Building.
this evening the total receipt* have reached 54.387 bale*,
ON SHIPBOARD, NOT 0LRARKD FOR—
against •
halm la-t * i k and 85,459 bales the previous
Leaving
A p r i l 2 a t—
,
receipts since the 1st of Sept., 1896,
Great
Other Gobiitstack.
Total.
Britain. France. Foreign mine.
6.311,m bales, against 4,812,914 bales for the same period of
|8v5-6, showing an increase since Sep. 1,1896, o f 1,488,200 bale?. R ow O rleans,..
4,373
7,251 28,942
C O T T O N .
F r i d a y N i g h t , A p i i l 3, 1897,

Sat.

gurryIfft at—*
.........
T « x . C Jly, Ac.
B $w cm&nm ®**..
M o b ile .***
Flftrld *.
......
S rn & * w % .fee.
.....
F t. Royal, 9m.
W'tlailEsictoii. . . .

M on.

Turn.

Wed.

901

3,575

702

2,671
98
......
938

2,601
449
........
1,230

51

‘ 131

5?

100

107
.....
8

617
573
0,258
8
2,471
320
6,090
420
......
26

171

827
......
706
328

i# n
9 ,1 7 *

aus

B oston. . . . . . . . .
B altim o re. . . . . .

305
......
106

450
.....
652
411
......
58

T o F U tills week

6,755

6,610

Morloi*.............
If ewp&Tt MtrJMk

A*i.

T hurt.

Total.

691

589
......

090
327
51

10
07

2,506 10,256
169
742
2,037 17,060
1,031
2,007
26
2,497
502
5,669
328
6,418
1,113
232
.....
60
286
2
2
3,477
749
108
108
1,358
1,960
316
542
215
675
293

9,937 18,948

3,333

8,654 54,237

100

626
.........
104
265
1,471
.......
166
......
35

The foil-wing shows the week’s total receipts, the total since
Sept, 1.1896, and the stock; to-nig at, compared with lust vaar.
FUctipts to
April 2,

1896-97.

Stack.

1895-90.

Thii Since Sep,
Week. l, 1896.

Tki» Since Sep.
Week. 1 ,1 8 9 5 .

S avan nah. . .
Br-wlek, Ac
C barleeton..
P.Boyal.Ae
W ilm ington.
Waeh’n.Ac.
N orfolk ........
N’ port N.,4-0.
New Y o rk ...
B oston..........
B altim ore. . .
Phlladel., Ac,

10,256 1,304,110
742 107,751
17,067 1,938.800
2,067 275,878
80,172
2,497
5^ 69 793,400
6,418 152,679
1,113 382.297
65,722
286 232.367
853
2
8,477 673,477
15,863
108
47,806
1,358
1,960 146,265
542
57,506
675
36,163

11,987 871,169
1,108 102,892
20,639 1,626,220
1,777 187,020
58
29,797
7,955 700,387
44.5 111,741
1,705 269,543
117
70,134
1,165 161,396
7
763
6,138 302,843
67-4 161,964
1,493
47,039
96,821
1,115
365
45,858
1,344
37,327

239,973
13,500
12,430
5,435

26,519
3,849
151,070
12,00n
13,619
8,425

T o ta l* .......

54,237 6,311,114

60,202 4,822,914

707,142

555,379

0»lV8*tOB...
T ex. C .,Ae.
New Orleans
M ob ile........ .

.1897.

1890.

66,135
3,753
238,199
22,317

50,315
4,915
193,534
17,213

43,458
328
30,329

40,415
2.187
22,449
....
8,369

12,239
19,046

In o r d e r t h a t c o m p a r is o n m a y b e m a d e w i t h o t h e r y e a r s , v e
g f * e b e lo w t h e t o t a ls a t le a d in g p o r t s f o r s i x se a so n s.

Kmeiplt at -

1897.

1896.

1895.

1894.

Oalvoa'n Ao.i
Now Orleans;
Mobile
B avannah...
O iaa’ um, <&«!
Wilm*
N orfolk .......
N. New*. A c
A ll oth er*...

10.998
17,067
2,067
5,669
1,113
288
3,477
108
13,450

13,095
20,639
1,777
7,955
1,882
1,172
5,188
674
7,820

17,165
40,600
2.192
13,122
2,691
2,511
5,291
6,231
22,015

5,537
16,242
2,289
7,863
5,867
743
3,584
2,930
9,219

6,037
17,872
1,116
7,015
2,525
1,116
8,913
1,773
7,142

3,837
24,233
1,342
11,784
2,030
626
6,668
6,555
6,828

l o t . this wk-|

54,237

60,202

110,767

54,279

51,569

63,958

1893.

1892.

0al5'© 8ton......
Savannah.........
Charleston

Mobile...........

New Y o r k ........
Other p om __
To ta l 1897..
To ta l 1896 .
To ta l 189 5...

I li'l.l. R«40tC -3*’!'. 2 .18i>7,

196,561
56,454
41.458
22,929
11,317
11,546
231,623
30,635

22,944 10,360 53,295 3,970 95,561)
26.286 8.538 51,731 11,995 100,550

611,573

67,548

2,200
None,
None,
None.
None
900
None,

9,930

1,000
3,400
3,000

21,438

76,133

-154,829
697,877

175.049

UPLANDS.

S a t.

. li o n T u e n W e d

Good O rd in a ry.............................
Low Middling...............................
Middling..................................... .
Good Middling..............................
.Middling F a ir .....................*------- -

6®18

6=,s
g i 'K
7*8
8 *18

GULF,

S T A IN E D .

e«
7=,6
7=8
She

S a t.

TOo ii F n e » W e d

r ii.

e«i«
7*i,

6*1,
7 «w

6 'm

i y

777g
,y

S a t.

Exported to—

Low M iddling...............................
M iddling........................................
Strict M tddlinF................... .......
Good Middling rin g e d ..............

§ ,

T il,

6*ni
7* „
T «,
7%

37 «

7 78
37,

racoii T u e s

01,6
6 t 18
<,J,*V 7=32
7 »v
7 =,6

f48
8*t«

F r l.

65,6
6=18
6 A i6
78lo
7=8
7=8
88,8
8=,«

7*T
7=8
Shfi

Good O rd in a ry ............................. 6 «,«
Low ail id lin g ............................... 73l6
Middling ................ - ................... 7 » '0
Good M iddling............................. 7 Je
Middling Fa ir........................

FVmn ,frpl 1, 1886, to Apr. 2 1807

Orml |
Conti­ ToU, reat
ContiDrtt'n.jA a iu . nent. Wttk. BG
ritain. IVonjc nmt-. Total
...
StflM .. .. 7,UP ivm 70fl.71P ISO,M2 2?2,7? l 1,103,335
Tmx*CHftMe..
\ t, .
■m 2 ®
20M 20000
Jt#»
.
7,t00 i$,73
7&0.7I50 3,9,257 f m j m l, 6f O P »
Mntofl#.........
......
131,7*»
2s , m 158,236
tjtml .....
2JiP9 sn9tm
5,402 05,121
■Hmrm.tmfa
(
$Mf 4^.703 15,841 338.231 401,835
0*
.,.
.. ... .
7tm$ 05712
0,9^5 106.675
78.33H
181.711 280.050
Fort Xt&fn!***
03,S*“
v— 4
03,8.7
Wllmitifftxm...
05,431
104,803 00,23*
Wmtolk*,,* .
hiifi i io,m 6,300 m ,m 2 2
132,230
...... v. ib:
2*:r0 *.027
tmk,. . a.*iM rn ftafOi it.sw mijmi 2M57 101,2
0
1
447.023
2.«M| ........
215.lt.?
».<#?#„,,.
itamij n$
7t,m 7,e»? m . m 137,411
Fh.UmlMPhiM..
..
10 0.140
S» P
t9Skm
*. -. ******j
§74|
50,052 50,020
. i¥i*$ 1.4J*
TtoM
M
t... . . . \UJMI PyMO MM11 b&,47&
1.781,0505.141,18?
SO
m».sd i
1.5*20013,864,3-72
from-

753
2,000
6,200

There has continued a very quiet speculation in the market
for cotton futures. The fluctuations in prices have been
within narrow limits and the net change for the week in
values is unimportant. Saturday there was a very slow mar­
ket and in the absence of speculative intt rest prices sagged
slightly, closing unchanged to 3 points lower for the day,
Monday the market opened at a slight advance. Subsequent­
ly, however, foreign advices caused a reaction, but the repcrts received from the South o f further damage by the
floods prevented a decided break in values and"the close
showed prices unchanged to 3 points down for the day. A
slightly better market was reported on Tuesday, English
advices quoted a stronger market for futures and an im­
proved spot trade ; this stimulated some buying and prices
at one tune were up 3 to 5 points. Towards the close ihere
was a slight reaction and final quotati ns were unchanged
to 2 points higher. Tnere was slightly increased activity to
the trading on Wednesday. There was foreign buyingof the
new crop months and the’ delayed planting, as a result of
the floods, induced some buying for local account, as did
also a reappearance of the Gonti' ent as a buyer ia the spot
market. The close was at an advance of 1 to 6 points for theday. The market on Thursday op: ned steady in response to
foreign advioes, but later in the day selling by the South,
particularly of the new crop months, resulted in a decline,
and prices closed 4 to 6 points down for the day. To-day the
market opened steady at unchanged prices to 2 points’ ad­
vance, and ihen further improved 8 to 5 points during the
day in response to firm advioes from the Southern market,
accompanied by a few buying orders. The close was steady
at an advance o f 4@6 points. Cotton on the spot was quiet
early in the week Subsequently, however, a m derat- busi­
ness was iransacted with spinners and exporters; prices have
been unchanged and firm. To-day the market was quiet
but steady, middling uplands closing at 7 5-16c.
The total sales for forward delivery for the week are
329,800 bales. For immediate delivery the total sales foot
up this week 0,980 bales, including 1,800 for export, 2,224
for consum ption,----- for speculation and 3,900 on contract.
The following are the official quotations for each day o f the
past week— March 37 to April 2.
On the basis o f the rates on.and oir middling as established
by the Revision Committee,, the- prices for a few of thegrades would be an follows:

(Since Sept, ll 6311,114 4822,914 7343,785 5222,235 14618,136; 0576,089

••Anoxia uji in?
eruling tins evening reach a total
or
> bains, of which 11,144 wore to Great Britain, 9,330
to i ran. .. and 31.001 to the rest of the Continent. Below ari
the exports for the week and since September 1, 1896.

1,072
698
Non**.
1,200
None.
6,000
None.
None.

41,033
9,681
2,000
7,100
11,000
7,5C 0
5,350
11,000

6,021
None,
None.
3.000
500
1,050
8.000

F r l.

7 » {«

87,,

11.

lh a

W ed

T il.

F r l,

61 6

6 'is

7 -a

S
"
7=16

61, „
7=,

61;
flA ,
7= {■;
7=,*

75,6

MARKET AND SALES.

The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
a column which shows at a glance how tne market closed on
same days.
SPOT MARKET
CLOSED.
SaFflay.
Monday.
Tuesday
Wed’day
rh’d a y ..
F riday..
Total. —

Quiet ................
Quiet & steady.
Q u iet..............
E r in ___ ___ . . .
Firm ...................
Quiet & steady.

SALES OF SPOT AND CONTRACT.
Ex­

p ort.

....
...
500
1,306
....

‘S'pec-

Hump, uVi’n

181
332
307
620
507

277
1.806 2,224

0O»-

tract.

Nfiies o f

Totrl. F u tu r e s.

...
....
___
__
.....

400

181
732
100 407
100 1,220
2,300 -1,113
277

61.400
41,800
77,500
62,200
62,400

....

2.000

6.930 329,800

18,500

oo

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T,t)3DDDrD®CCtDaDtC

Market, Prices and
Sales o f
FUTURES.

£ hiJH ® aoD

Market,
Range and
Total Sales.

; ^ ^ g S f l o a
1 3 D -d o b D

ju o

S cj

SSH a-coH

D A IL Y
March.

A pril.

May.

June.

-O

Enfaala,
A lab am a ...
“
M ontgom ery
«
Selma,
Helena,
ARKANSAS..
“
L ittle Rook,
Alliany,
G e o r g ia ....
44
Athens,
«
Atlanta,
U
Augusta,
4
4
Oelumbns,
44
M acon,
*
*
Rome,
Louisville,net K e n t u c k y .
Shreveport, L ou isian a .
Columbus,
Mississippi .
“
Oreenvllle.*
44
Meridian,
44
Natchez,
44
Vicksburg,
it
Yazoo City,
St. Louis,
M is so u r i ...
Charlotte,
N.C arolina
44
Raleigh,
O h io ............
Cincinnati,
Columbia,
8. Ca r o lin a
“
Greenwood,
Memphis,
T ennessee ..
“
Nashville,
T e x a s ..........
Bren ham*
it
Dallas,
Houston,
“
T otal, 31 tow n s..........

43 o r

PRIO RS A N D
July.

SALES

August.

21
803
15
4
1,108
5
G9
1,162
1,961
62
39
190
77

462
143
50
286
153
256
216
7,616
207
345
5,183
169
104
2,819
168
40K
60
8,087

32,308 4,245,500

OF FUTURES FOR E A C H
September.

October.

15,367
126,159
68,343
50,395
83,903
32,358
54,602
128,142
273,809
44,33*2
60,619
61,429
6.269
100,617
34,207
55,607
39,382
62,994
79,665
59,116
492,173
21.S39
24,533
272,784
31,640
15,597
538,792
24,814
52,713
51,617
1,281,683

225
1,040
49
1,031
1,037
667
437
2,119
3,805
273
1,254
315
102
2,660
303
550
400
649
307
1,122
9,235
207
240
4,350
169
218
7,834
180
920
123
7,966

736
4,495
3,544
2,002
5,504
1,687
287
9,325
27,868
4,004
2,97 4
1,877
385
10,915
912
5,500
2,218
4,450
10,225
4,289
42,159
1.155
5,928
130
93,684
767
902
21
21,107

49,952 259,050

43
299
133
387
689
32
250
565
892
155
75
226
72
400
50
110
278
99
255
23
4,141
181
180
2,509
500
189
2,810
34
250
189
13,629

16,163
115,603
34,468
49,288
93,805
26,671
49,372
88,585
166,240
46,007
49,768
50,170
4,917
75,837
20,822
40,100
32,029
47,138
63.611
52,943
521,654
18,531
18,600
172,059
30,752
14,733
403,555
19,251
52,216
40/262
986,879

154
1,264
490
1,788
1,562
103
521
3,151
2,055
179
121
419
47
791
189
2,190
100
195
666
1,201
6,631
181
410
3,790
500
269
9,304
52
446
110
13,278

29,645 3,408,029

52,157

MONTH.

November.

DecembeY.

January.

February.

Easier.
A v ’ge.. 6-96 A v ’ge.. 6-95 A v’ ge.. 7-00 A v ’g e ,. 7-05 A v'ge.. 7*09 A v ’ ge.. 7*10 A v ’ge.. 6*84 A v’g e ..-------- A v’ge.. 6*72 A v’ge.. 6*74 A v ’g e ..------- A v’ g e ..-------1,000
500
1,000
18,500
900
7,600
1,000
4,800
600
1,100
0*719 6*73 6*74 ® —
— ® —
6*71 ^ 7*11 6*90® 6*97 6*959 —
6*999 7*02 7 04® 7*06 7*089 7* 10 7*08® 7*11 — 9 6*84 — 9 —
— ® —
Steady.
6*95— 6*96 6-95— 6*96 0*99— 7*00 7 0 3 — 7'04 7 0 7 — 7 0 8 7 * 0 8 - 7*09 6 * 8 2 - 6*84 6*69— 6*70 0*71— 6*72 6*74® —
6*77— 6*79 0*81— 6*83

Monday, Mch. 29—

Weaker.
A v ’ge.. 6*95 A v’ge.. 6-95 A v ’ge.. 6'98 Av’ge.. 7-01 A v ’ge.. 7*07 A v ’ge.. 7*08 A v ’ge.. 6*83 A v ’ge.. 6*70 A v ’g e.. 6*70 A v ’ ge.. 6*74 A v ’ge.. 6*77 A v 'g e ..-----100
1,200
21,700
1,500
5,000
21,400
2,200
4,500
64,400
1,100
500
5,200
- 9 6*83 6*68® 0-72 6*68® 6*71 6*729 0 76 6*779 —
6*68® 7*11 6-92® 6*96 0*949 6*95 6-96® 7-00 7*0013) 7*04 7 05® 7* 10 7*05® 711
— ® 0*92—
6*94
6-92—
6-94
7
*
0
2
7
*
0
0
7*07
6
*
6
8
6*70
0*70—
0
’71
Steady.
7 * 0 5 - 7*06
.6*81— 6*82
0 * 7 3 - 6*74 6 7 7 - 6*78 6*81— 6*83
6 ’97— 6*98

Prices paid (range)
Closing....................

Prices paid (range)
Closing....................

Firmer.
A v ’ge . 6*94 A v ’ge.. 6-97 A v ’ ge.. 7 ’00 A v 'g e.. 7*03 A v’ge.. 7*08 A v ’ge.. 7*09 A v’g e.. 6*85 A v’ge.. 6*71 A v’ge.. 6*73 A v ’ge.. 6*76 A v ’ge.. 6 79 A v’g e ..------3,000
3.400
700
3,400
1,800
100
1.900
1,000
i L100
1,000
11,800
44,000
6*71'® 7*11 6*93'® 6*96 — 9 6 97 6-97<r 7 02 7*019 7*05 7-07® 7 1 0 7 06® 7*11 — it 6*85 6*71® 6*72 0*729 6*74 0*749 6*76 6*77® 6*80 — 9 —
Steady.
6 ’94— 6-95 6*94— 6 95 6*98— 6'99 7 0 2 — 7*03 7 0 7 - 7 08 7*07— 7*08 6 * 8 3 - 6*35 Q*70— 6*71 0 * 7 1 - 6*72 6*74— 6*75 6 * 7 8 - 6*79 6 * 8 2 - 6*83

Wednesd’ y,M cli.31— Stronger. A v ’ge.. 6-97 A v ’ge.. 6-95 A v ’ ge.. 7 ‘01 A v’ ge.. 7*05 A v’ge.. 7*11 A v ’ g e.. 7*11 A v’g e.. 6*89 A v 'g e.. 6*74 A v ’ge.. 6*77 Av’ge.. 6*79 A v’ge.. 6*83 A v ’ge. 6*87
600
2,000
6,500
2.600
800
21,600
2,200
Sales, total.............
77,500
100
34,300
1,500
4,300
1,000
6*949 6*97 6*999 7*03 7 04® 7 07 7*09 3) 7*13 7*09 r» 7*13 6*86® 6*90 0*72® 6*76 6-75® 6*79 0*78® 6*80 6*83® 6*85 6*87® Prices paid (range) 6*72® 7*1.3 6-97'® —
Closing............... .
6-95— 6*97 7 - 0 1 - 7 02 7 * 0 0 - 7*07 7 * 1 2 - —
7*12— 7*13 0 89— 0*90 6 7 6 - 6*77 0 * 7 7 - 6-78 G*S0- 6*82 6 * 8 4 - 0 85 6*s7— 6*89
Steady.
— — —

§1

^ C$ ® gcfl.2
fl
-*-* *h 0)
856
6,042
2,698
J® * K3
1,997
20,570
<* « a
2,127
§ e « - 5
7,500
° a
S.£
U7®£ »2
oo
8,250
M
> o
21,544
o© o^**6,384
4,800
*
2,780
a ' S S g -p
460
-©B H „aS j.1
9,200
J2
aS O
581
i
S -s s ^ s
5,920
2,960 |
^ £ l
5,550
11,531 ^ ^ ^ 2 ^
9,531
855
57,495
50 S
§
J
2 ,* - 2 .Q S
2,100
5,503 5- cfl © S<v%QO
« 1 g &S £
750
® „ § s f«
71,375 03 > © W
o -a ca a ©
100 ©
>, ^ 5 -*-> CD © -C
3,400
1,374 3
20,554 d ja .H q ®
r*• h as j«%
s-1 ca ©
293,982
-doo

Ih *- t- t>>
® ® ® t_
XJr e3 g H®
ua m
assg
© 3 « c«
t i t ! g g '® 2
c l.“ o
« S5® n §•=5 a
.. e- - o
O OO" § § = §
2- ^ &
3 ©T3
^1
® o S J3
®<4 j *^3
^2 «
" p g
S g N -g 2 « t » o
S «£ ®
" ia S i:
® , JS O ® 2 ® t*
PUB*
c«5 d
a ®C®
®-c S 5
S 5t s: C5*
* a $ s 2 “e £
fe ^ Q g 1 * S o i±
- 0
§
£ C*t-M c S —
^©
®e
® ©_
.-W m - •25
« « - c ® be
r
o
£ - CO « 0 3 3 £ ca
’2 2 ® " ! 2 ® ® © as ® s-4 a f t f 1

Easier.
A v’g e ..------- A v ’ge.. 6-93 A v ’ge.. 7 00 Av’ge.. 7*06 A v ’ge.. 7*11 A v ’ge.. 7*11 A v ’g e.. 6*88 A v ’ge.. 6*74 A v ’ge.. 6 7 6 A v’ge.. 6*78 A v ’g e.. 6*83 A v ’g e ..-------. __
1,600
2,900
5,900
800
900
16,900
600
4,500
3,700
24,400
62,200
t s j-:
6*72® 7*14 — 'a* —
6 -9 2 * 6-95 6 9 7 9 7 03 7-02® 7 0 ' 7*073) 7*13 7-07® 7*14 6*84® 6*89 6*72® 6*77 0*72® 0*78 0*70® 6*79 6*79® 6*84 — ® —
6*79—
6*80
6
*
7
5
6*76
0
*
7
2
0
73
0-91—
0*93
6
*
7
0
6*72
6
*
8
3
- 6*84
7
0
1
7*02
6
*
8
3
6*84
6-97—
—
7
*
0
6
7*07
7
*
0
7
7*08
Quiet.
— — —
*«} o
* © -2
Firmer.
BYlday, Apr. 2—
A v ’g e ..-------- A v ’g e ..------- A v ’ge.. 6*99 A v ’ge.. 7*04 A v’ge.. 7 09 A v ’ge.. 7*10 A v’g e.. 6*86 A v ’ge.. 6*75 A v’ge.. 6*75 A v ’ge.. 6*77 A v ’g e.. 6*81 A v ’g e ..-------- 3© 0is7s! 35
2,300
.....
1,900
1,3'»0
17,400
4,000
1,300
Sales, total.............
25.900
2,300
8,000
02,400
i C S “5
Prices paid (range) 6*72® 7*13 —
— 9 —
~
0*979 7 02 7*02(8 7*08 7-07® 7*12 7*08® 7-13 0*83® 0*89 6*72® 6*71 0*72® 0*78 6*74® 6*81 6-79® 6*84 — ® —
Closing....................
Steady.
7-01— 7-02 7 * 0 7 - 7*08 7 * 1 1 - 7 1 2 7 1 2 - 7 1 3 6*o 8 — *6*89 6*76 - 6*77 6 *7 7 - 6*78 6 * 8 0 - 6*81 6 * 8 4 - 6*85 6 * 8 8 - 6-89 S * ® 2
— — —
— — —
"w
»
CQ.S
18,100
15.000
8.900
16.400
1,000
Total
sales
this
week
2,900
5,900
24,000
10*,700
4,100
118,200
12,700
329,800
Wc
0*74
6
76
6*81
6*73
6*87
7*10
6*95
7
0
4
6*86
Average price, week
6*96
7 00
709
a ^o
H
191,400
230,600
111,900
23,000
1,200 1
60,100
332,100
409,000
1,145,800
4,370,400
575,700
r , ^3 Hales slnoe Sep, 1,’9G* 24,345,200 6,268,200
Thursday, Apr. 1—
Sales, total. ..........
Prices paid (range)
C losing....................

•Q 06 » © •

Movement to A pril 3, 1896.
Receipts.
Shipm'ts Stock
This
Since
This
A pr. 3.
week. &ept.l*95. week.

Saturday, Mch. 2 7 Sales, total.............
Prices paid (range)
Closing....................

S £ Tuesday, Mch. 3 0 —
p —

ss

£ " « « 2 g

S 5 + ? © 2 -M -M

«

Movement to A pril 2, 1897.
Receipts
Shipm'ts Stock
This
Since
This
A pr. 2.
week. Sept. 1,’96. week

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fHK CHROM H3JLR.

ivou. Lxn.

W e a t h e r R e p o r ts b y T e l e g r a p h .— Reports to u«4:>y te l­
egraph from the South this evening denote that rain has
been general d u rin g the week, and th a t in a num ber of
districts the rainfall has been excessive. In Texas the w et
WmA
weather has delayed farm work, but has otherwise been
Pn
April f. j Mlur, j
Tuts f Wmints. j Thun.
beneficial
to pla nting interests. In the South as a whole,
7
j! 7
Qsdtmtom. ,. 7
however, planting operations are backward.
Th e overflow
e ^ is
0>»|«
o '* i«
0¥§f*fea$ «!*,» 1
s 6 ’$
8T«
&%
Momj * ...
in
the
Mississippi
V
a
lie
v
has
further
extended,
a num ber of
e*$
Hat wst-uAh....
1| 6r*
r*
e»5t«
breaks having occurred in the levees protecting the rich
&h€
i « “>i*
f
7
IfllSteiaiCtos.
cotton lands of the Yazoo Delta. A t present the inundated
7*l«
7%
% «
K t M ■•- ZfH
75.8
7*i«
..... :
7&t»
te rrito ry includes most of the W h ite R ive r lands in A rk a n ­
738
n*
7>
9NftttHMSf*- 4 I'm
7»1S
sas and the Southern half of the Yazoo basin.
2 »
| 7h
&•
ABUWlSA.-. : 7%
V?
Galveston. Texas — R a in has quite generally delayed w ork
6><h«
0 «»«
0'6i«
in Texas, bu t has been beneficial to fa n n in g interests. H a il
QL lA*aA*- .. I Si*10 !
p «
s
&
7
!
7
7
‘! CHI*1.013, *„
7
!
on Sunday last over the southern portion of the State dam
7>a
7h
7>«
CtMtMMti • 7 hi
I 7»»
aged young cotton where up. There lias been ra in on four
7
7
7
UmUvlUo ..; 7
!1 7
days of the week, the precipitation reaching one inch and
The closing quotations to d a y (Frid a / ) at other import hi t forty-six. hundredths. Average thermometer 68, highest 78
Southern markets were as follows.
and lowest 58. M arch rainfall four inches and fifty-nine
0% hundredths.
A tla n ta .......... 7 t j » h 1 E ttfanla... . . . . .
« 70 Jfatelie*..........
eq Raleigh_____
7
7 1Uttle Book...
Charlotte___
Palestine. Texas.— There has been heavy ra in on three days
M ontgom ery...
Oj-uuslmn, « » .
Q78 Salma..... ..................
0% ~
6’„ Shreveport.....
671B du ring the week, the rainfall reaching three inches and sev­
O sI subIioa, M!w
01* MimhvtUe.........
fiee r if ts f r o m TUE PL a Nt a t i o n s .— T he following table enty-six hundredths. Th e thermometer has averaged 64,
the highest being 82 and the lowest 46. Th e rainfall du ring
in Meats* the actual movement each week from the plantations
lh,e figures' do not include overland receipts nor Southern the m onth of M arch reached eight inches and tw e n ty hun­
consumption; they are simply a statement of the weekh dredths.
Huntsville- Texts — The week's rainfall has been one inch
movement from the plantation* of that part of the crop w h irl
aud ninety hundredths, on three days. Th e thermometer
dually reaches the market through the outports.
has averaged 65, ra ng ing from 46 to 84. March rainfall three
of
Porti. St'kat Interior Towns. Rec’ptsfromPlant’nt. inches and fifty-nine hundredths.
Dallas, Texas — T h e frost on the tw e nty-fo u rth did no
1WT. I I8M. I IS®. im. 1896. | 1895. 1897. 1890. 1806. material damage to cotton, but heavy rain has delayed farm
56,72*
410.083
374,238
402.728
S4.39& 95.8&«ijl37.&40
6*455 120.399 work. There has been rain on three days of the past week,
I
119,8^5 350,127 381.268 3S8.860 71,155 58.571 105,067 the rainfall reaching three inches and ninety-five hun­
179.9SI n .618 132.381 323.310 382.634 352^976 53.123 49,884 97.497 dredths. The thermometer has ranged from 40 to 84,
55.45? 5M9D 123033 301,130 334.183 341,838 43.279 41,009 113,993
! fll.082 T0.23T 1L5.470 2*6.504 316.494 323.932 36.487 58,548 94,566 averaging 63. M arch rainfall eight inches and fourteen
i U.2S! 50,202 115.767 259,050 293.082 275,916 36.693 37,690 63,751 hundredths.
San Antonio, Texas — There has been ve ry beneficial rain
The above statement shows: 1.— T h a t the total receipts on two days of the week, the. precipitation reaching sixtyfrom the plantations since Sept, 1, 1898, are 6,4-16,570 bales: in six hundredths of an inch. Average thermometer 67. high­
1895-96 were 5,084,190 bales; fn 1891-93 were 7,502,360 bales.
est 86 and lowest 48. March ra infa ll one inch and sixty-five
8, — Th a t although the receipts at the outports the past wee), Hundredths.
w<•re 31,3157 bales. the actual movement from plantations w a
Luting, Texas. — The week’s rainfall has been one inch and
only .38.590 bales, the balance being tak-*n from the stocks a
ninety-six hundredths, on one day. The thermometer lias
the interior towns. Last year the receipts from the plantation
averaged 69, the highest being 86 and the lowest 53. D u r­
for the week were 37,090 bales and for 1895 they w e r
in g the m onth of M arch the rainfall reached tw o inches and
08.751 hales.
twenty-seven hundredths.
O v e r l a n d Mo v e m e n t f o b t h e W e e k a n d S in c e S e p t , i .—
Columbia. Texas.— W e have had heavy ra in on one day o f
'AC give below a statement showing the overland movement the past week, the rainfall being tw o inches. Th e ther­
<o. h * week and since September 1, A s the returns reach u> mometer has averaged 66, ranging from 16 to 86. D u rin g
*>> telegraph late Friday night it is impossible to enter s< the m onth of M arch the rainfall was tw o inches and fiftylargely into detail as m our regular m onthly report, but al five hundredths.
Lie principal matters of interest are given. This weekly
Quern, Texas.— There has been ra in on one day of the past
publication is of course supplementary to the more extended week to the extent of ninety-four hundredths' of an inch.
monthly statements. The results for the week ending A p r. 3 Th e thermometer has ranged from 53 to 85, averaging 68,
and since Sept. 1 in the last tw o years are as follows.
March rainfall, tw o inches and nine hundredths.
Brenhnm Texas.— There has been heavy ra in on tw o
189G-97.
1895-96.
days during the week, the rainfall being two inches
A p r il 2
and forty-one hundredths. Average therm om eter 67, high­
Since
Since
Week.
Week.
Sept. 1
Sept. 1 .
est 85, lowest 49. D u rin g the m onth of M arch the rainfall
reached three inches and forty-eight hundredths.
$Atppe.4-~
ViA 81. L o a l» ....... .....................
Tort Worth, Texas.— Rain, while retarding farm work,
9.235 470,032
6.631 471,708
Vl* C a i r o ...... ...........................
3,250 246,028
2,976 218,173 has been beneficial to planting interests, f t has rained
VI* Ib u k e r..............................
396
15,080
300
15.740 heavily on tw o days of the week, the precipitation reaching
f Ia SfK&erfti*...................... .
197
2.554
4
72
7 in
___. . . . . . . . . . . . .
1,385 122,078
2.040 119,257 tw o inches and eighty hundredths. Th e thermometer has
VI* OlnatnoMt...........................
4,160 127,222
1,096
83,880 averaged 69, ranging from 53 to 86. M arch rainfall seven
ttthttf m n p m ,
... ...
1,684 110,147
1.040
78,927 inches and fifty-nine hundredths.
Weatli rford, Texas.— W e have had heavy rain on two
T o ta l izm m overland............ .
20,457 1,093,769 14,087 987,757
fytduof sh ip mrniM days d u rin g the week, the precipitation reaching tw o inches
Orerlaisa
Y ., boitOD, A c ,
4.535 287,745
7,317 227,015 and th irty hundredths. The therm om eter has ranged from
Intel for town*. ... . ..
236
3,»14
87
3,008 50 to 83, averaging 66.
Th e rainfall for March was six
Inla nd, Asa,, from S o n th ... . . . . . .
3,615
33,073
2,369
42,014
incites and ninety hundredths.
Total to
deducted.. _... rrr. r
8,416 325.332
9,773 272,067
New Qrte» s. Louisian .— W e have had rain on four days
of the week, to the extent of three inches and thirty-one
....net overland *..
! . 1
708,437
4,314 715,690
hundredths. Average therm om eter 69.
Shievepnrt. Louisiana.— There has been rain on three days
Tnr foregoing show-, that the week’s net overland movement
thro yea, hn» l»-»n 13.041 bales, against 4,314 bales for the during the week, to the extent of one inch and t wenty-six
hundredths. The thermometer has averaged 68, the highest
171 l ^ T a n d that for the season to date the aggregate net being 83 and the lowest 48.
vMlufo ;m iii’ p as.. ovura vea ra g oof 53.741 bales.
1'olum.ovs, Mississippi.— ft has rained on three days du ring
the week, to the extent of sixty-three hundredths of an
1890-97.
1895-96
t ft Bi$hi ttmd Bpinn&r**
inch. The thermometer has averaged 59, ra nging from 38
TtiJztngi.
1 Since
Sine.
to 80, Month's rainfall eight inches and eiglity-four h un­
Week.
WmM
Sect, l
Sept, l
dredths.
Bmmipte » i port* Ia Apr, 2 .. ...
•>1,237 8,311.114 60,202 4,822,014
Lfian.il. Mississippi. — i t has rained d u rin g the past week,
0#*
imp® I# Apr. i „ „ ,
12.0 i t
708,437
4.814 715,600 the rainfall being sixty hundredths of an inch. The ther­
4f*mUftfis m nm m ptim m
%. 17.0001 020,000 17,000 602.00O
mometer has ranged from 30 to 83, averaging 68‘T.
T'Ptmt
, ,,
I 83,27917,090.561 81,518 8,140,804
Mr.rMi n, Hwassippi — H e a v y ra in s ' continue causing
j* 17*544 138.466 *22,512 261,282 overflows. P lanting w ill be late.
Vicksburg, Mimussupi — W e have had rain on three days
tm*j Might 4fcf6ttir mgmk
59,004
Trnm118 *lirtii A p t. 2 .. . . , , .
.........7,838,007
8,401.898 of the past week, the rainfall reaching sixty hundredths of
an inch. Average thermometer 68, highest 86 aud lowest 58.
*p\nm prn%m kto A p r,% 34,523 1,420.543
t*,70B! 1,394.616
Little Hack a leans s.— W e have had rain on tw o days of
* Urntm5 S B i i g wm kT
~~~
the week, to the extent of eighty-nine hundredths of an
It w ill re. M , by th e a b o v e th at th ere has com e in to sight
inch. Th e thermometer has averaged 03, the highest being
d tin tit, th e w<<>k A ,.ifW bale*, a g a in s t 39,004 hales for th e 83 and the lowest 41.
ta t...- week of is v;., a n d th a t t h e in e rf,aaP in a (a o u n t j„ qj h t
etena. Arlea s is — T h e overflow now extends over most
t -.-n ig h t as .......... ...
w ith ia*t y e a r i - 1,486,131 bales
of the W hite R ive r lands and the southern half of the Yazoo
utTO A tJO .xa r K MlPDUKO OOTTOJI A t
B e lo w a r e eic*stfsg inotation* of middling
ayaii -

OTHER M a HHETS.—
cotton at Southern

THK CHRONICLE.

A p r il 3 1897.J

ba sin an d w ill e x te n d o v e r th e sou th ern h a lf o f th e Tensas
ba sis a n d m o s t o f th e la n d s b e lo w th e R ed R iv er. T w oth ird s o f th e te r r ito r y s u b je c t to o v e rflo w w ill b e in u n d a ted
a n d th a t in th e m o s t h ig h ly c u lt iv a te d p ortion . It has
ra in ed o n tw o d a ys o f th e w eek , on on e o f w h ic h h ea v ily ,
th e r a in fa ll b e in g o n e in c h an d fo r ty -fo u r h u n d red th s. The
th e rm o m e te r has a v e ra g e d 56, r a n g in g fr o m 41 t o 71. D u r­
in g th e m o n th o f M arch th e p r e cip ita tio n r e a ch e d th irte e n
in ch es a n d e ig h ty -s ix h u n d red th s, on eig h te e n days.
M em phis. Tennessee — P lo w in g is m a k in g fa ir progress.
The river is th irty -th re e a n d th ree-ten th s fe e t on th e gau ge
an d fa llin g . T h ere has th u s fa r b een e ig h t-te n th s o f a fo o t
fa ll fr o m th e h ig h e st m a rk o f M arch 19. G rea t d a m a g e has
b e e n d on e b y brea k s so u th o f H elen a on b o th sides o f th e
rive r. The cre s t o f th e h ig h w a te r w ill r e a ch H elen a a b o u t
M on da y. P r o b a b ly n o fu rth e r break s w ill o c c u r in th e
Y a z o o d elta. W e h a ve had rain on fo u r d a ys, th e ra in fa ll
b e in g s e v e n ty -fiv e h u n d red th s o f an in ch , a n d th e w eath er
is n o w th re a te n in g . T he th e rm o m e te r has ra n g e d fr o m 40-2
to 80'2, a v e r a g in g 60. M arch r a in fa ll te n in ch e s a n d fo u r
h u n d red th s, on t w e n ty days.
N ashville Tennessee.— T eleg ra m n o t re ceiv ed .
M obile, A la b a m a .— P la n tin g p rep aration s a re co n s id e ra b ly
d e la y e d in m ost se ctio n s on a c c o u n t o f to o m u c h rain . W e
h ave h a d ra in o n fo u r d a ys o f th e w eek , th e r a in fa ll rea ch ­
in g th ree in ch e s an d sev e n ty -six h u n d red th s.
A v e ra g e
th e rm o m e te r 65, h ig h e st 77 a n d lo w e st 47. T h e m o n th ’s
ra in fa ll w a s seven in ch e s an d fo rty -th re e h u n d red th s,
M on tg om ery A labam a — T he c o o l a n d s to rm y w ea th er is
re ta rd in g fa rm w o rk
I t has rain ed on fo u r da ys o f th e
w e e k , t o th e e x te n t o f on e in ch a n d e ig h t y -fo u r h u n d red th s,
an d rain is still fa llin g . T he th e rm o m e te r has a v e ra g e d 59,
ra n g in g fr o m 46 t o 60. M arch ra in fa ll tw e lv e in ch e s an d
t w o h u n d red th s.
M adison fio ra d a — R a in has fa lle n on t w o d a ys d u rin g th e
w eek , t o th e e x te n t o f fift y h u n d red th s o f a n in ch . A v e r ­
a ge th e rm o m e te r 69, h igh est 82 an d lo w e st 50.
C h arleston, South C a rolin a .— R ain has fa llen on fo u r days
o f th e w e e k , t o th e e x te n t o f tw e n ty -se v e n h u n d red th s o f
an in ch . T h e th e rm o m e te r has a v era g ed 58, th e h igh est
b e in g 74 a n d th e lo w e st 41.
S avan na h iteo r g ia .— T h ere has been rain on th ree da ys o f
th e w e e k , t o th e e x te n t o f on e in ch a n d fift y h u n d red th s.
T h e th e rm o m e te r has a v e ra g e d 59, ra n g in g fr o m 40 to 76.
A u g u sta . G eo rg ia .— It lias ra in ed o n th ree d a y s o f th e
w eek , th e r a in fa ll r e a c h in g t w o in ch e s a n d eig h te e n h u n ­
dred th s. T he th e rm o m e te r has ra n g ed fr o m 35 t o 74, a v er­
a g in g 56.
S tu teru rg, South C a ro lin a .— K illin g fro st on S u n d a y . It
has rain ed o n th ree da ys o f th e w eek , th e p re cip ita tio n
r e a ch in g e ig h ty -fo u r h u n d red th s o f an in ch .
T h e th er­
m o m e te r has a v e ra g e d 54-4, ra n g in g fr o m 33 t o 71. M arch
ra in fa ll fo u r in ch es a n d e lev en h u n dredth s.
G reen w ood, South V a ro 'in a —T h ere has b een rain on th ree
da ys o f th e past w eek , th e ra in fa ll b e in g eig h ty -th re e h u n ­
d re d th s o f an in ch . T h e th e rm o m e te r has ra n ged fr o m 41 to
60, a v e ra g in g 50.
W ilson, N orth C a ro lin a .— R ain has fa lle n on on e d a y o f
th e w eek , t o th e e x te n t o f tw e n ty h u n d red th s o f an in ch .
A v e ra g e th erm o m e te r 50, h ig h e st'74 an d lo w e s t 30.
T h e to llo w m g s ta te m e n t we Have also received Dy telegraph
sh ow in g th e height o f the rivers a t the points named
8 o ’clo ck A pril 1, 1897, and A pril 2, 1896.
'Apr. 1, '97.

A pr 2, *96.

feci.
17 4
36 4
15*8
T9 6
49 4

^en
10-9
2i 2
30 5
11*6
310

New O rleans.......
Memphis ..............
Nashville..............
Shreveport.......... ........ A bove zero o f gauge
VleksburK............

T h e J a p a n e s e C u r r e n c y C h a n g e s . — l a o a r e d ito r ia l c o l ­
u m n s to d a y u n d e r th e a b o v e c a p tio n w ill b e fo u n d an in t e r ­
e s t in g a r t ic le b y o u r sp e c ia l M a n ch e ste r c o r r e s p o n d e n t .
I n d ia C o t t o n M o v e m e n t F r o m a l l P o r t s .— The receipts

and sh ipm ents o f c o tto n at B om bay have been as fo llo w s fo i
the w eek and yea r, b rin gin g th e figures d o w n to A p ril 1.
BOM BAY

R E C E IP T S

AND

S H IP M E N T S

KOH

PO T*’

Shipments this week. \ Shipments since Sept. 1.
Tear Great Conti- 1
Great 1 Oontir
BriCn ne.nl. Total. B ritain| nent.
Total.
*96-7
’ 95-6
’ 94-5
’93-4

......... 17,000! 17.000
7,000 30.000 37.000
15.000115.000
40,OOOj 40,000

16.0001317.000 333.000
46.0001408.000 454.000
3,000; 132.000 135.000
36,000|386,000 422.000
Shipment* f o r the. week.
Shipment*

Great
Britain.
Qalontta
1896-97.
1*95-96.
Madras1896-97.
1895- 96.
All otber«189697...
1895-96...
Total all—
1896-97.
1895-96.

Oonlxnent.
3,000

Total.
3,000

r

Receipts.
This
Week.

Since
Sept. 1

62.000 976.000
83.000 1,380,-IOC
51.000 618.000
57.000 1,060,000
xince Sep* 1

Great
Britain.

Continent.

5,000
4,000

26,000
23,000

31.000
7,000

6,000
14,000

14,000
11,000

20.000
25.000

Tola .

2,000

2.000

7,000
18.000

50,000
30.000

67.00
48.000

5,000
.........

5,000

28.000
36,000

90,000
64.000

118,000
100,000

669

E X P O R T S T O E U R O P E PRO M A .

1896-97.

Shipments
• all Europe
B om bay.........
m o th e r ports
Total

rN D IA .

1895-9b

1894-95.

This
week.

Since
Sept. 1.

This
week.

Sin
8ept.

This
week.

Since
Sept. 1.

17,000
5,000

333.000
118.000

37,000

451.000
100.000

15,000

135,000
86,000

22,000

451,000

37,000

554,000

15,000

221,000

A l e x a n d r i a R e c e i p t s a n d S h i p m e n t s . — T h rou g h arra n ge

c e n ts w e have m ade w ith Messrs. D avies, B en ach i & C o., o *
Liverpool and A lexa n d ria , w e n o w receiv e a w eekly ca b le o
the novem ents o f c o tto n a t A lexa n d ria , E g yp t. T he fo llo w in g
are th e receip ts an d sh ipm ents for th e past w eek and fo r t .
correspon din g w eek o f th e previou s t w o years.
Alexandria, Egypt.
March 31.
Receipts (oantara*)___
This week......... —___
Sinoe Sept. 1 ..............

Exports (bales)—
To Liverpool
To C on tin en t!.

1896-97.

1895-96.

1894-95

80,000
5,406,000

40,000
5,091,000

17,000
4,448,000

Since
This
week. Sept. 1.

This
Since
week. Sept. 1.

This
Since
week. Sept. 1.

6,000 2 »1,000
5,000 274,000

5.000 291.000
4.000 256.000

2,000 238.000
3,000 268.000

Total E urope.. . . 11,000 555,000 9,000 547,000 5,000 506,000
* A -antar is 98 pounds.
1 Of which to Vmerle-, in 1 -96-9 7. 31, >S 1 bales; in 1 8 95-9 6,1 8,09 1
bales; in l ■*94-95 35,090 bales.
M a n c h e s t e r M a r k e t . — O ur r e p o rt r e c e iv e d b y c a b le
to n igh t from M a n ch ester sta tes lh a t the m s ik e l is firm fo r
yarns and q u itt fo r sh irtin g t. S to ck s o f g o o d s a ie a c c u m u ­
la tin g . M e g iv e th e prices fo r to-d a y b elow and lea ie th ose
fo r p reviou s w eeks o f this a n d la st y e a r for co m p a ris o n .
1897.

1896

8*4 lbs. Shirt- GotVn

32* Cop. ings, common Mid. 32* Oop.
Twist.
Twist.
to finest.
TTplds

d.
d. 8.
6316 * 7 % 4
/P7;ii0 4
8b
®73lu 4
6 6ia * 7 yie 4
63s *73, 8 4
6^8 ® 7:ii0 4

6*4

d

0^

s.

d.
4

d.

ings, common Mid.
to finest.
TJpld>

63s

d.
a. d.
*7i« 4 3

61
*
6 13
6 i*

«73a 4 4*3^6
*73s 4 4 1 3 * 6
*730 4 4 1 3 * 6

d.

* 6
*6

1

339,, 6 *ifl ®7is 4 3
3>»t« 6718 ® 7b 4 4

0^*6

7

331,*

1

6

8*4 lbs. Shirt■ OotVn

0b »6 7
0b>®6 7

4

012*6 7

4

s. a.
6^
7

d.

4i332
4b
4%

®6
®6

3>6 8

41332

8^
8 I3
8 I3

43s

413,

O v e r l a n d M o v e m e n t , & c ., t o A p r i l 1.— In ou r ed itoria l
colu m n s to -d a y w ill be fo u n d ou r regu lar statem ents o f
ov erla n d m ov em en t, receip ts, exp orts, spinn ers’ takin gs, & c.
b rou gh t d o w n t o A p r il 1.

S ea I s l a n d C o tto n M o v e m e n t .— W e h a ve receiv ed th is
(F riday) ev en in g b y telegrap h fr o m th e va riou s ports th e
details o f th e Sea Islan d c o tto n m o v em en t fo r th e w eek . T h e
receipts fo r the w eek en d in g to-n ig h t (A p ril 2) and since
Sept, 1, 1896, th e stock s to -n ig b t, and the sa m e item s fo i th e
correspon din g p eriod s o f 1895-96. a re as fo llo w s ,
1896-97.
Receipts to A p ril 2.

1895-96.

8tocs

This
Since
This
Since
week. Sept. 1. week. Sept. 1. 1897.

Savannah .........................
Charleston, A o ...............
Florida. A c ......................
T otal.............................

1816.

228
10
98

82,247
10,333
6,696

232
4
---•

73,527 13,143
10,389 2,391
4,783 5,579

7,968
2,224
868

336

99,276

236

88,699 21,113 11,060

he ex p orts fo r th e w e e k e n d in g th is e v en in g reach a
total , f 1,376 hales, o f w h ich 1.151 bales w ere to G reat B ritain ,
225 to F ran ce and — to R eval, and the a m ou n t fo rw a rd e d io
Northern m ills has been 427 bales.
B elow are the ex p orts
for the w eek and s in ce S ep tem b er 1 in 1896-97 and 1895-96.
1

Exports
fr o m -

Sinct Sept. 1, 1896.

Week Ending A pr.2.
Great
Brit'n

Great
f r ’nct
Total. Brit'n
etc.

FV’ncf
Total.
die.

15,028
2,933

3,076 18,104
2,933

9,857
9,380
1,325

5,789 15,64 6
9,380
102 1.427

North’n Mi s.
Week

Since
S epl.l.

228 25,155
101 1,794
98 6,696
____ . . . . . .
...... ......

S’ va^n’ h, Ac
(Jharrt’n.Ac
Florida, A c
New York
Boston _____
Phila., A c ...

396
105
650

225

T ota l........

1,151

225

1,376 38,523

8.967 47,490

427 33,645

Total 1895-6

85

9

94 35,828

6,008 41,836

122 36,188

621
105
650

Q uotations A p ril 2 at Savannah, for FJoridas, co m m o n ,
8c.; m edium fin e, 10c.; ch o ice . 13):jC.
Charleston. Carolinas. m ed iu m fine, 17@17^c ; fine, 18c.;
fu lly fine, 19@20c ; e x tr a fine, 28@3Jc.
E x c h a n g e s .— The f o llo w in g
d u r in g th e w e e k :
■06 pd. to ex cb. 300 Melt, for May.
•09 pd. to exch. 1<0 May for Aug.
■24 pd. to exch. 100 Dec for May.
09 pd to exoh. 700 May for Julv.
■05 pd. to exch. 100 June for Aug.
■01 pd to exoh. 200 Oct for Nov.
01 pd. to exolt 3 io fe e . for Jan.
14 pd. to exoh. bOO Mch for Aug
10 pd to exch 7,000 May for Aug.
•11 pd. to excb 1.200 May for Aug.
22 pd. to e x c b . 200 Sept, for Aug.

exchanges

h a v e been m a d e

■01 pd to exoh. 3 0 0 July for Aug.
Oiprt to e x o b 1.10 >May f r J ’ ne•23 pd. to ex ob 600 Sept, for Aug*
03 no. r-o excli. 100 Nov. tor Deo.
■11 pd. to exoh. 1 "0 M ay for Aug.
■24 pd. to exoh. 300 Sent, fo r Aug•11 pd. to exoh. 3,400 May for Aug05 pd. to exoh. 700 May for June10 pd. to exoh. 2,000 May fo r J u ly
01 pd. to exch. 2.800 July for Aug'
05 pd. to exoh. 200 June fo r J u ly

THE

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10

3*12
10

5 47
14

4 5»
L3

3D 4
0

2*01
8

2*42
7

3*74
0

8*78
7

0*86
8

1*71
8

0*65
3

1*4 9
9

4 3a
7

6*02
n

8 * 8 *»
13

2*09
10

3*78
9

455
14

8*12
13

3 72
8

2 17

1*15
0

0*81
3

1*80
7

2*33

4 03
12

7*10
14

1*00
8

3*01
7

R a in f u ll,I n
H a v s r a la ..

B o lla n i-

Greenwood -

O M yw w w .

NTO

0*80
4

l» 0 O

C h a rlo tte —

....

64*0
18"
420

71*0
'4 8*0
49*0

a

D a v s r a t a ..

31*0
24
53*0

li®

3*4 1
12

1897.

CAR'NA.

6311
14 * 0
4 4*8

71*0
*1*0
4*1

February.

Ja n u a ru .

,
9

1800. 1806. 1801.

V i l m i n g t 'n —

7 *0
19M
47*0

tl-o
18 0
e r e

December.

LOtS*.

«
D a y s r a in ..

W ”

23D
ftfi-0

a r o
m o
» t>

ve n h * r .
uswO

1899.

7-V .i
24*0
a n .

7 m
0 i
5 .* 0

V W i—
lg lM w C
o i d —
t w v *

No
H a i i r a il.

84*0
2 *0
04*0

«4 D
6<D

M B

T.

H ig h e s t ....
L o w e st—
A v e r a g e ...

73'
I t
ll! ■

so t
*1*0
5 r0

a

IN D IA N

U dahom a—

75*m
1 <D
4 i\ .

M0*0
BTO
54*0

L#*
U
v
A

A v e r a g e ...

7*4*0
ir o
4 i* o

ar*

f f
H | «# t.
I4 W # 1

H ig h e s t ....

V e ld o n .—

im

L ow
A f

H ig h e s t ....
L o w e st ...
A vera ge.

V.

A » * fw »

p w W
U * M '.
A v « « « «

JO ’

74*'
19»
401

~ lllg h w # t *

e s s r .
A »«r i# «

L o n g v ie w —

7T K G 1N I A.
v o r /o l* .—

7 v 0
2?D
68*0

a r w it m —
I !t g fc * « t

28

H i g h e s t ...
L ow est —
A v e r a g e ...
H u a t m S i* .—
H ig h e s t ...
L ow est —
A v e r a g e ...

S t a f o 'd —

M o b ile ,—
U tfb M i
L o « » I ....

43*2

H ig h e s t ...
L ow est —
A v e r a g e ..

S a n A n t -a iio .

0 B O R 31 A .
4 • e ga tta .—
R a in f a l l.I n
D a r e r a in .,
it la o t a .—
R a in f a l l,I n
D a r e r a in ..

«MIf

70 0
li* » ;‘
59n

72"
8*
64*o

78*0
10 * o
5tV 0

70 0
18*w
54*0

7 2 -A
3*0
4 6 -0

16
6 4 0

71*0
171»
45W

74*0
28*0
47*”

7«i
19*
4 0 i»

78D
HI*
6 lii

7 0 "
28 0
51*0

74*0
4*0
41*0

ia r v in n a h .—

s d
5tD l

77D
6D
44 4

79*0
l« *
44*6

78*
IV
427

82*0
85*0
50*4

74*"
2 4 '”
47 *0

75*0
4*0
37*3

la c k e o n v U le -

R a in f a l l,I n
D a v s r a in .
H *L o R l D A .
K a in fa ll.ln
D a r e r a in ..

8

rt

7

9

i'HE CHRONICLE.

A p r il 3, 1897.J
Ja n u a ry.

D e c e m b e r.

N o v e m b e r.
1895

1894-

1896

2 ’ 4(
14

C 7f
10

2*20
7

1*25
10

8*6
5

...

241
10

.
3*2 )
10

1897

1896

0* 5 1
5

14
7

...

3*4C
9

5*4 3
10

0 08
5

5 '2 f
4

5*oe
15

0 '8 $
8

5*14
8

1895

1894

1*14

189o

1397. 1890

F L O R ID A .

la m p a .—
D a v s r a in .

J u p it e r —
D a y s r a in .

3

...

3*7r
10
2 -6 1
1

2*2
4

0*92
2

5*70
5

2*0 4
9

0* 8 7
0

073
5

2*1 f
5

2 -s e
12

0* 0 0
5

3*9i
9

D a y s r a in .

2*3
4

3*29
4

13
3 -6 e
0

1*7S
6

5*21
10

0 -3 6
8

0 '0 9
17

5*6J> 0 * 0 0
12
1
9

2 -9 '
9

4*10
9

5*21
10

7‘ 7(
13

7*70

0 '1 O
8

10*44
10

5*58

3*10
10

4*0 3
10

0*00
9

10*45
12

A L A B A M A

M o n t g o m ’y . R a in fa ll.ir
D a y s r a in ..

3 '4 4
1

M o b ile .D a y s r a in ..

0* 2 1
4

3*56
9

N e w to n TO
6

0*7]
3

2*96
7

3*80
8

2*13
0

TO'
3

D a y s r a in .

B irm in g h a m
R a in fa ll,in
D a y s r a in ..

D a y s r a in ..

6
3*8S
8
2*68
3

1

6*27
5

1*0 7
3

0S-2

2*82
10

000
4

1* 3 4

1*08
7

0 00
3

0*87
2

3 78
9

48 i
0

1* 7 3
4

0* 7 3
5

5*22
5

6* 1 8
8

4 -7 6
14
4*42
9

5*44
8

....

1

5
4 30

1

11
8 2
8

...
....

8 -3 1
10

1 -9 2
11

2 3S
10

7*19
14

4*82
13

2 '7 8
8

392
12

1* 8 7
7

2*97
10

5*84
13

8*11
10

2 '2 6
11

0 -4 3
5

4*7d
9

0*70
8

4 82
7

1*44
0

0*42
7

1* 7 0
7

3*23
9

377
0

4*7 1
7

4*15
5

1*12
3

3*83
7

388
7

6*5 4
7

5*07
7

4 -1 0
7

3*30
3

5*08

T09
4

TO *
3

4 05

T47
7

5* 4 1
9

2 -9 1
12

0 57
13

2 -6 1
7

9 -4 7

0*50
2

267
10

5* 2 7
7

3*42
9

3 '7 7
10

4 '5 2
11

201
10

0* 7 3
3
1*3 5
3

1* 6 3
4

202
4

0*34
5

2* 7 4
6

2 '3 0
5 :

2 '8 ;
5

11

1805.

2*28
8

1*45
2

2

J o t e B o t t s , B a g g i n g , & c — T h e r e h i s b9en little d j i n g i a
ju t e b a g g in g s in c e o u r last r e p o r t , b u t q u o ta tio n s h a v e b e e n
a d v a n c e d to 5J^c. f o r 1% lb s., 5 % c . f o r 2 lb s. a n d 6J^c. f o r
s ta n d a rd g r a d e s . C a r -lo a d lc rs o f s ta n d a r d b ra n d s a re q u o t e d
399
f o r 2 lb s. a n d 6 % c . f o r 2 ^ lb s ., f. o .
a t 5J^c. f o r \ % lb s.,
9
b . a t N e w Y o r k , J u re bu tts h a v e b een d u ll a t 1 l-1 6 o . fo r
3 -6 1
p a p e r q u a lity a n d l -40 c. f o r m ix in g a n d b a g g in g , a ll to a r ­
7
r iv e . F r o m M essrs. I r a A . K ip & C o .’s c ir c u la r w e a s c e r ta in
322
th a t th e d e liv e r ie s o f ju t e b u tts a n d r e je c t io n s a t N e w Y o r k
0
a n d B o s to n d u r in g M a r ch w e r e 30,724 Dales, a g a in st, 65,171
ba les f o r th e sa m e m o n t h la st y e a r a n d f o r th e th r e e m o n t h s
s in c e J a n u a ry 1 th e d e liv e r ie s h a v e b e e n 82,390 b a les, a g a in s t
3*50
152,219 ba les la st y e a r . Im p o r te r s a n d s p e c u la to r s a t N e w
13
I
an d B o s t o n o n M a r ch 31 h e ld n o s t o c k , a g a in s t 2.600
4 -3 5 I Y o r k
11
1 b a les at th e c o r r e s p o n d in g d a te in 1896; a n d th e a m o u n t a fl oa t
|
.... f o r th e U n it e d S ta te s r e a c h e s 159,836 ba les, a g a in s t 122,771
b a les la st y e a r .

F e b ru a ry.

R a in f a ll.
1896

1*43
8

L O U IS IA N A
R a in fa ll, it
D a y s r a in .

«

S h r e v e p o r t .—
D a y s r a in .

Q r d . C o te a vr
D a y s r a in .

L ib e rty H W R a in fa ll.ir
D a y s r a in .
M IS S IS ’P I .

C o lu m b u s .—
R a i n f a l l , lr
D a y s r a in .

V ic k s b u r g .—
R a i n f a l l , li
D a y s r a in .

2 67
10

1*88
0

0

3* 7 0
10

1

y

8* 4 1
12

0* 2 4
11

394
10

0 -5 0
17

2 '7 7
8

522
10

4*2 6
0

585
16

1*32
4

5* 4 3
9

8 -4 0
8

3*37
tt

9 -3 8
0

2 -7 5
7

1 0 IS

1*7 0
l i

L e la n d —
R a i n f a l l , li
D a y s r a in .

4*26
6

4*07
0

0 79
2

0*1 0
1

4 1 '
0

3*M
7

4 -8 2
0

5*35
6

204
5

1* 4 8

T9 4
3

7 -8 4
7

5 -9 0
9

7*95
10

5 3S

6* 5 1
10

4 2
3

2 -o ;
3

00*0
1

4 66
4

2*10
4

7 73
7

3*79
7

T

2*35
3

1* 2 0
3

1 '4 0

1*00
4

410
3

5 "X )
5

3*70
4

435
8

7*80
4

5*10
5

1* 7 5
5

1*15
1

3*81
9

5*21
7

0 03
3

0 '5 1
3

2*50

3*95
10

8*31
9

4*85
9

7 -1 2
11

1*76

2* 3 0
0

003
4

0 18
8

4* 1 2
14

5*T
il

0*40
0

2 210

1 S'
10

0 * ;0
8

B ro o k a v e n —
R a in f a ll,I n
D a y s r a in ..

K o s c iu s k o —
R a in fa ll,in
D a y s r a in .,

5
0*00
0 I

0

e
8

a y n e s b o ro R a in fa ll,in
D a y s r a in ..

2

A R K ’N S A i

u it t le R o c k .R a in fa l l.ii
D i r s r a in .

H e le n a —
R it n fa ll.ii
D » y s r a in .

6

81
7

408
7

1*3 2 j
4

0*2J
3

10

2 00
11

4*03

11

9* 6 1
9

8
0*21
10

F o rt S m ith R a in fa ll,! t
D a y s r u in

2*8
8

3 2 • 2 -3 0 1
4
11

033
4

600
8

2 -5 1
8 !

4 -8 1
12

1*89
10

2*4o
9

4* 4 2
8

1*38
1

1*48
5

2*08
7

3*01
10

7*7C
ll

691
11

7*68
11

"
2*43
7

3* 0 7
7

1 -9 9
7

3*S 0
11

000
0

004:
3

1* 2 7
5

275
8

3* 1 1
7

5*26
8

2 711

3 .4 7
10

4*3o
14

8 'T
8

0 -5 8
4

5*71
b

2* 1 4
6

1S »
3 i

1 79
4

4 09
10

a h i!
11

318
8

137

5 71
13

3 -8 4

1)

8 -0 5
W

008
0

747
7

5*5 4
9

O '40
3 !

05*
4

3 -0 9
13

3 -N g
10

4*03
<2

4*32
15

5 9 J
11

5*17 3 1
i l I
8

7*00
7

2 -4 0
5

1*52 i
3

1* 0 0
4

4 -4 1
7

3* 1 0
5

3*80

2 8m
lo

Cam den—
R a in fa l l,t c
„ D a y s r a in .

C o m f rig —
R a in fa ll,lr
D a y s r a in .

•

0 -4 5

T B N N B S ’ H.

N a s h v i lle .—
R a in fa ll.ii
D a y s r a in .

M e m p h i s .—
H a in fa l l.il
D a y s r a in .

Ash w ood—
R a in fa ll.lt
D a y s r a in .

W le r R a in fa l l.it
D a y s r a in .

1*1!
5

7*50
8

“

13

i

4* V
0

3*7 J 0 -9
0 |
8

0*30
2

2 * 0 11 2 0
9
18

O '5 0
3

12*
8

2 2c
0

2 7(
11

4*93
11

2*42
10

0*29
4

7*05

I T
3

0*02
1

0*73
0

2*32

1*21
0

0*15
5

2*36
9

3 -0 7
10

3 * (>
4

O M b!
1

7 -0 7

A 70

*1
0*30 5*21
1 |

1*84
0

....'

T B X A 8.

G a lv e s t o n .—
R a in f a ll.ir ,
D a y s r a in ..

1*94
12

5* 0 3
12

T50

i

2*31
9

1M 0

4 24
7

1*90
4

2*15
4

t
1

P a le s t in e —
R a in f a l l,I n
D a y s r a in ..

0*7.
0

2*97
10

T9H
10

5*95

7

2*18
5

2 -6 0
6

0*43
4

0 '7 4
7

0 -5 ?
0

O' 4
1
3*1 1
5

A b i le n e .—
R a in f a l l,I n
D a y s r a in ..

0*3
3

2* 3 *
11
3*313

2 42
5

2*04
7

0*6f
2

1*50
2

2-7<
4

2*15
e

2*00
7

1* 0 0

2*55
3

3*28
7

i* 0 «

b

0*60
8

0*16
1

3*09
4

2*00
0

2 41
4

5 7(i
9

0*02

T22
4

3*78
0

H u n t s v i lle . —
R a in fa ll,in
D a y s r a in ..

4*94

0*79
0

S a n A n t o n io .
R a l n f a 1,1
D a y s r a in ..

4 '2 8
12

Long m ew—
R a in fa ll,lo
D a y s r a in ..

S ta ffo rd —
R a in fa ll.ir ,
D a y s r a in ..
IN D IA N

1

3 -0 6
10

7* 0 r
9
1 4 1
1*2 3 1*44 j
9 >
1 0 1
2*90
13
1 0 1
4*55 7*9 4

To 3

1

& i

T.

10

1

2*50
8

7

1

“ 1
5 -1 9
8*18- 7*4
1 4 ; 10
u i
4*99
3 87
2*32
0
3
3 :

4

7 |

1* 8 0
3

7*70
6

1

4*54
4

I

O k la t.o m a —
R a in f a l l.ii]
D a y * r a in .

1*91
8

1*511
4

110
9

0 95
3

1 3 2 ‘i 0 11
0 1

2

t Inappreciable.
L i v e r p o o l S t o c k , — A re-cou n t o f the stock o f cotton

S h i p p i n g N e w s .— T h e e x p o r t s o f c o t t o n f r o m t h e U n it e d
S ta te s t h e p a s t w e e k , a s p e r la te s t m a il r e tu r n s , h a v e r e a c h e d
79,071 ba les.
Total bales.
N e w Y o rk —T o Liverpool, per steamer Cuflo, 31 upland and
82 Sea Island.................................................................................
1 13
To Hull, per steamer Colorado, 2,2 > 7 ...................................... 2,297
To Leilh, per steamer Meodota, 196.................................. ......
196
To London, per steamer Idaho. 100...........................................
100
To Manchester, per steamer B elin d a, 200 upland and 311
Sea Island
....... ...................................................................
514
To Havre, per steamer La Champagne, 679 uplaud and 225
Sea Island ..........
. . . — ...................................................
904
To Bremen per steamers H. H. Meier, 1 ,6 1 8 ....Stuttgart,
1,934 ...T r a v e , 432 _ Weimar, 871....................................... 4,855
To H amburg, per steamer Andalusia, 9 0 0 ...................... . . . .
900
To Antwerp, per steamers St. Cuthbert, 300 ...S ou th w ark,
400 ................................................................................................
700
100
To Christiana, per steam er Hekla, 100.....................................
To Lisbon, per steamer Vega 1 5 0 ................. ......................
150
To G noa, per steamers Kaiser Wilhelm It., 1,047___
Olvmpia, 135.............. ........................................... .................. 1,182
317
To Naples, per steamer O ’ym pla, 31 7............................. ..........
N e w Orleans -T o Liverpool, per steamers Engineer, 2,830
. . . Floridian, 1,800___ Nicaraguan, 2.210........................
6,840
To Manchester, per steamer Daoiel. 4 231............................... 4.281
To Hamburg, persteam ers Galh i ,. 3 ,7 1 3 ... Penelope, 1,826 5,559
To Cope h igen . per steamer Nicolai It., 650 ........................
650
To Narva, per ship Heinrich, 5.595........................... ................
5,595
To Barcelona, per steamers B ereuiuer el Grande, 2,250
___Manila, 1,110 ..M iguel Jover, 2,425 ........................... 5,785
To Genoa, r e r steamers Berenguer el Grande, 3,085 . . .
Manila, 3,266 ........................................
6,951
G alv est on -I'M Hamburg, per atouuors Ch-ruskia, 350 . . .
Gene, 447 ......................................................
797
To Rotterdam, per steam r Folosa, 1,321— ..........................
1,321
P ensacola - To Liverpool, per steamer F ranoesoa, 4 ,4 26..........
4,426
Charleston —To IVarburg, per bark Sunnira. 1 835....................
1,835
To Barcelona, per steam er Corinthia, 3, 450...........................
3,150
Po rt R o val - Po Liverpool, per steamer Aston Hall, 7.105. . . .
7,105
357
1N , bf o k - To Liverpool, p r steamer Ormld lie, 3 5 7 ...................
To Hamburg, per steamers Ardova, 100 ...K n ig h t o l St.
George, 704....... . ......................................................................
804
'
B osto n - T o Liverpool, per steamers Armenian, 8 47 — Oanxdt.
4,199 upla' d and 35 P eril....C eph alou i v, I ,“ 49 ...P h ila ­
delphian, 9 9 1 . .Sagamore, 529 upland aud 28 Peru . . . . . 8,278
Baltekokb — To Bre neu, per st miner .Munoheu, L.3J2------ - . . . 1,8 >2.
To Hamburg, per steam er Cassms, lOO............ .......................
100
P h ila d e l ph ia — i'» Liverpool, per steamer Selgeuland, 3 0 5 ....
305
8 an F rancisco —T o Japan, per stunner Peru, 5 , o ................ . . .
50G

1 39
7

0*20

1

67 L

0 0

3

'

Total
.............................................................................. 79.071
B e lo w w e a d d t h e o le a r a u o e s t h is w e e k o f v esse ls c a r r y i n g
o t t o n f r o m U n it e d S ta te s p o r t s , b r in g in g o u r d a t a d o w n t o
t h e la te s t d a t e s :
Galveston —To L iverpool—April 1—8teamer Cuban, 5,915.
To Bremen—March 27—Steam -r C ipella. 5.669.
To C opeuhag-n—A oril 1—St-a ner Lancelot, 1,650.
Ne w O rleans -To Live p o>l-M aroh 2 6 -3 t*a m er G ailegn 3,300 . . .
Ma’ oh 3 0 —Steamers Jam aloat, 6,2J3; Magioian, 5 ,6 5 0 ....A p r il 2
—Steamer Navarro, 4,200.
To B elfast-M aroh 2 ? — steamer Malin H eal, 654.
To Havre— Maroh 47—Steamer Carolloa. 8, i81.
To Marseilles —M <roh 3 o—Stea uer so irsda e, too.
To Bremen —Maroh 51—St-ainsr -trath-ska. 2,996.
To Hamburg—March 3 0 —Stsa ner Ghentskla, iJOO.
P ensacola —To Liverpo il - March 2 7 —Steamer Altoia, 2.339.
~ tANNAH -T o Bie uen -M aroh 3 1 —Stea ner Fulwell, 4,727.
To Hamburg -M ar -h 3 1 —Steamer Fulwell, 300.
B ru n sw ick — To Liverpool—Ma-nli 3 1 —steamer V e until Hall, 7,304.
No r f o l k —To Hamburg—March 3 1—Steamer Vedra, 550.
Boston — To Liverpo d —Maroh 2 5 —Steamer Ottoman 772 ...M arohi
26 Steamer C orlntbii, 69 uplat d au l 40a Sea Island ...M arch,
3 0 -Steam ers Oambroman, i,05S; Lancastrian, 642.
Jaltimmre - Po Liverpool— Ma oh 21—8 ea oe - Xkoal, 318 uplaud aud
115 Sea Island ...M a roh 2 6 —Steam ar Vedatnure, 1,657 uplaud
and 535 Sea Island.
To H avre—.March 24 -Steam sr Massapeipia, 245.
To Bremen—Maroh 31 —Steamer H .l e . 1,843.
Ian F rancisco —T o Japan —A pril 1 —Steamer C optic. 1,475.
G o tto n fr e ig h t s t h e p a st w e e k h a v e b e e n a s fo llo w s .
Satur.

at
Ltverpool.asked d. 17»a1
L iverp ool on Saturday, M arch 27, sh ow ed a red u ction o f 39,123
Do
............ d.
bales in the total stock, m ade up o f 8,037 bales A m erica n and
H avre...................c.
301*
Do . . . _______ c.
30,086 sundries. T he total stock at that date w as 1,310,877
Bremen................d.
251
bales, o f w hich 1,175,963 bales w ere A m erica n .
Do ................d.
H i <#h W a t e r in t h e M is s is s ip p i .— The past w eek has w it ­
251
H a m b u rg .......... d.
nessed a n um ber o f breaks in the levees on the east bank o f
Do
..........d.
the Mississippi River. Ia the v icin ity o f G reen ville, Missis­
30t
sippi, there have been a num ber o f crevasses au d a co n s id e r­ Am sterdam ........ c.
able portion o f the richest cotto n land in the S ou th — the Seval, v. Hamb..rf. 261S8
Do v. H u ll...d .
3ifl
Y a z o o D elta section— has been ov erflow ed .
O ur Eldena
correspon den t telegraphs m this ev en in g that the tern >rv Baroelona........... d.
30t
already inundated c im orises m ost o f th e W h ite R iv er lands G e n o a ..................d.
35t
and the southern half o f the Y a z o o basin. B y the breaks in T rieste................ d.
the v icin ity o f G reen ville railroad com m u n ica tion has been A ntw erp.......... _.d.
28l
-1*4
c u t o f f and it is estim ated that ten thousand persons have Ghent, v.A ntw ’ p.d.
I Cents net per 100 lbs.
been rendered homeless.

Wednes. Thurs.

Frt.

Mon.

Tuts.

17V

1741

17V

174t

1741

301*

301*

301*

30 *

301*

251

251

251

25t

251

251

251

251

251

25t

30f
25128
3ia

301
23128

301
2 5 128

30t
2Bi a

3 1S

3ia

3 J0

301
231!8
s18

30t
301
301
35i
35t
35t
®S4
9e»
U84
” 84
11«4
1164
* A nd 5 per cent.

30*
351

30t
35t

9S4

»«4

I J 84

l l S4

C H R O N IC L E .

j JfcA

IS

I if f A.

Im

10

20.

j

4j»% 2.

55.000
*8,000;
#*&**« « f fit#. W fM ril•.*.»«. Nile*
S T,000}
1,200
1,000
(.»; w h Iv- "i a s perSA r* u>ak, , . ,
0001
600
1,100
O J -a burn
Ii'wik.
300i
52.000
Jd.GOO; ■14.000
Nldf- Au.,rli"cili
............
53.000;
8,000
0,000
7
,0
0
0
A .tu * ; f t t . - r t .......... ..
....
0,000
06.000
03.000
tw.oool
. H m ..............................
8 .%000;
JV ;* . -I. . ‘"I! ••ltftHr,»lf*l__. . . 1,8-68,000 1,3*0,000) 1.310.000 1,281,000
1,117,000
Of * M fU A i-i-r'-fA n— K«Um M ; 1 . - 11,000 1,,17 0 ,0 0 0 1.181.000
44.000
:i ,(>00 60.000
T
it ; ■r l o l tin’ « task.,..... ; 75,000
30.000
61,000
■
3 0 .0 0 0
<>? w bifb ArnfftrAD— , ...
0o,(K>0
101,000
101,000
128,000!
A'*
itV-ti**
; 112,000
90.000
90,000
to -who-!' Ai!srrb~&».
....
102,0001 115,000
51,000;
2,100
1,500;

The tone •>' the Liverpool market for spate and futures ea< h
day a? the .v, , k ending April 2 and the daily closing prices
of spot cotton, have been as follows.
8ildu.rday

M onday

Tuesday

|

Firm.

Mod^rsit#
ilemaml.

Firmer.

M M .C p rd ».

3s'**

S is »

3>*,e

3*>S3

s.ooo
500

8,000
500

10.000
500

Npvt
i . as r. m .

Ba 1 « . . . . . . .
flp*A Aoxp.

6,000
300

f humd'y> jrrMJo.

Harden'^

Fair
business
doing.

Steady.
4

i

Market, { Qaiet bat
4 f . » . | steady.

Steady.

Qnteu

Quiet.

Steady.

Quiet at
1414 de­
cline.

Steady.

Steady.

Steady.

Quiet but
steady.

T h e p rice s o f fu tu re s a t L iv e r p o o l fo r each d a y are g iv . n
b e lo w . P ric e s a re o n th e basis o f U p la n d s . L o w M id d lin g
cla u se , u nless o th e rw is e stated.
n r Tht p r if.-i a r e g iv en in p e n c e a n d 6*M.
T h u s : 3 S3 m ea n s
% e3-64«i.. «>!</ 4 01 m ea n s 4 l-81d .
3HB

S a to r,

A p r il 2

M o A-A priL.
A p B t JfR y,
M »y -Jo n e .
JnB A-July
J s l y -A s k Atm .-finpi..
»* pt.-O et...
O c t-N o v
N o t .-O w . .
life. Ja n
Ja n F*b

O To «.

Tuea .

W ed.

T I»n ra .

F r l.

jl2 % l 1 1:45 4 1:45! 4 1:45! 4 1:45 4 1:45 4
jlMC.jp. M. P. M. P.M, P.M. P.M. P.M. P. M. P. M. P.M. P.M. P. v.
d
d.
d.
A.
' d. ; d.
t 58 3 59 3 56 3 57 3 57 3 58
3 50 3 58 3 50 3 5713 5713 59
:l 58 3 50 3 5H 3 57 3 57'3 53
3 AO 3 50 3 56 3 57 3 57 3 58
150 3 58 3 50 3 57 3 57 3 59
3 59 3 38 3 56 3 57 3 57 3 58
3 5- 3 57 3 54 3 55 3 55 3 56
3 S 0 3 5t 3 48 3 50,3 49 3 50
3 40 3 45 3 4 1 3 45 3 45 3 46
3 44 3 44 3 42 3 43 3 43 3 44
3 44;3 44 3 41 3 43 3 42 3 43
.... ...

d.

d.

d.

3 58 3 58 3 59
3 59 3 59 3 89
3 58 '8 59 3 59
3 58 3 39 3 59
3 58 3 59 3 59
3 58 3 60 3 57
3 56 3 57 3 51
3 50 3 ol 3 47
3 40 3 47 3 15
3 44 3 46 3 44
3 43 3 11 3 45

d.

d.

d.

3 60
3 60 3 59
3 00 3 59
3 60 3 59
3 BO 3 59
3 58 3 59
3 52 3 57
3 47 3 51
3 45 3 47
3 45 3 45
3 45 3 44
3 44

3’ 59
3 58
3 58
3 58
3 58
3 56
3 50
3 46
3 14
3 44
3 44

F r i d a v , A p r il 2. 1897
Th ere ba* c o n lin u . (1 a v e r y slo w m a rk e t fo r w h e a t flo u r,
m .d w h ile r .. d>cided w eakness has been a p p arent in prices
;
r , I d s Ink'll in b u y e rs ’ fa v o r.
Th e c a ll fo r s u p )■•'*• -• l a - i " 7i lim ite d to h a n d -to m o u th orders a m i the sm all
• ." -id ,- < f i unlit m transa cted h a - been at s lig h t concessions
f( in prirns *j mated » w eek ago. C it y m ills la v e sold s lo w ly ,
t U’ price,, have held an,,ut stea dy. T h e c a ll fo r ry e flo u r has
>• id iM it-d slow b u t n o ch ang e s h a v e o c c u rre d in prices,
' " rn m . id Inis had o n ly a lim ite d sale, b u t valu e s have h eld
a b o u t steady.
Th e re has i-m titm e d a q u ie t specu lation in the m a rk e t fo r
w hen! f u t u r -e a n d th ere has been a g ra d u a l w e a k e n in g of

•«r'c*f. the net decline for th»* week amounting to % a I3£e.
h " ' principal factor has been the improved crop accouma
fn-m the wmier-wheat diairictft. although dull and weaker
■ reign advice hate been a depressing factor. Sa'urday
■J*H» ;i ' change-tinthe market. Monday the
V iirb t win Irri go tar The near by deliveries were stronger
' r *he *>oii«iical position, but the distant months w ere
C 'v l u l y weaker
To- d a y pticis weaken>d l4 @ \ t e o . in reI : ">■- *° w*ak'-r foreign advices, and on Wcdn. adav mere was
.. luritK-r ' f U. .1 i f,fii '.j’c, under advices fro ii ihe W i«r report­
ing more favorable weather c inditions for the growing c op.
l hur«l *v the murker was again irrcgul lr; the near bvdeliv♦rle* .leditu.) 1,i-„ but O.e distant months advanced ip;, on
buju-v bv i le ri, t,, c.ver contracts. To-day the mirkecad
'.atl,' d '*'•»
in response to stcadi r foreign advices, and
<b« close was -teady. I -I the spot market business has been
-i'ii- 1 ■'it p- ■ have held relatively ('longer than for fu
' .it,.
5 ‘•■TM.II <»|S)H business was' traneacted lo-dav hut
the t„rn.-uh„a were kept private. No, 1 Northern I>ulu*h
q u o 'o i l at *37 ,
f o, b, afl iat; No. 1 Northern New
Y - t k . 81
i ", t>. !-float, and No, a hard wiot-tr tit 78*ic.

( . O. 1). l i f u l .

DAILY OMM7NO rRIOTS* OV NO. 3 RRO WINTBR W B B iT
M on.
Tut*.
Wed. Thurt
*0%
BIH
SI

78%

77%
74%
lu

7fM*
78%
77%
7<%

77%

70%
73%

7 7 '-:
70%
75%
73%

DAILY GLOBING PBIOBS OF NO. 2 MIXED OATS

flat

70%
76%
7f-%
73%

77%

11

76
'4

ifon.

lu e s .

Wed.

T hurs

Fri.

.tray delivery................... o. 2 t %
21%
21 %
22
22
22
Ju ly de live ry.................. o. 22 %
22 %
22%
....
22 %
22%
R y e a n d b a rle y h a v e h a d o n ly a v e r y lim ite d sale b u t
va lu e s h a v e h e ld s tea dy.
T h e f o llo w in g are c lo s in g q u o ta t io n s :
FLOUB.

Fine — ..............tp b b l.8 2 0 n »
S u p erfin e................... 2 2 0 9
3xtra, (To, 2 ............. 2 7 0 9
F itra. No. 1 ............... 3 25®
'te a rs ........................ 3 7 0 9

70
3 00
3 25
3 60
415

Patent, w in te r......... $4 5 0 9 4 75
C ity m ills extras—
4 70 » 4 80
R ye flour, superfine.. 2 25® 2 75
Buckwheat flonr ...
___ ® . . . .
(',orn meal—
Western & o........... 1 70 n 1 80
4 'ra iic h ts ........................ 3 9 0 ® 4 3 5
"atent. sprin g. . . .
4 0 0 9 4 25
1 85
B ra n d yw in e ............
Wheat flonr In sacks sella at prices below those for barrels.
2

GRAIN.

0.
Corn, per bush—
0.
West’n m ix e d ....— 29 ® 33
No. 2 m ixed........... 30% ® 32%
30
33
Western y e llo w ..
Western W h ite___ 30 ® 33
Rye—
Wesrern, per busb. 38 ft> 42
State and Je rs e y ., 38 ® 4 J
38 ® 48
Bariev— Western—
Feeding__________ 32% ® 33%
T h e m o v e m e n t o f b re a d s tu ffs to m a r k e t as in d ic a t e d i n th e
s ta te m e n ts b e lo w is f u r n is h e d to tis b v t h e S t a t is t ic ia n o f th e
N e w Y o r k P ro d u c e E x c h a n g e
W e first g iv e tn e re c e ip ts a t
W e s te rn la k e a n d r iv e r p o rts , a r ra n g e d so as t o p re s e n t th e
c o m p a ra tiv e m o v e m e n t fo r th e w e e k e n d in g M a ro h 27, 1867,
a n d "since A u g u s t 1, f o r e a ch o f th e la s t th re e y e a rs :
Wheat—
*i»nn*r,per bnsh...
Hed winter No. 2
Red w in ter..
Northern, No. 1 ...
» t s — Mixed, per b o .
W h it e .....................
So, 2 m ixed......... .
’to 2 wliite

Receipts at—

B R E A D S T U F F S .

Pfajr

DAILY ULO81N0 PBIOKS OP SO. 3 KIXBD OOKN.

Bat.
M on.
Tues.
TKurs.
Wed.
Jm.
. _2S>%
30%
30%
M arch............................ ..
30%
May flfliv n ry ,..............
30%
30%
30%
30%
30%
J u ly d e liv e r y ....... ..
3178
.0. 31%
31%
31%
31%
31%
Sopte inbor d e liv e ry ... ..0. 32%
33%
33%
33%
33%
33%
T h e r e has c o n tin u e d a d u ll sp e cu la tio n i n th e m a rk e t fo r
oats f o r fu tu r e d e liv e r y b u t th e re has been a f irm e r to n e ,
an d on b u y in g b y a fe w sh o rts to c o v e r c o n tra c ts a n d in s y m ­
p a th y w iih th e im p r o v e m e n t in th e c o rn m a r k e t prices s h o w
an a d v a n c e of ?£e. fo r th e w e e k . T h e close w a s d u ll b u t
s te a d y . I n th e spot m a r k e t th e re has been fa irly a c tiv e tra d ­
in g . S h ip p e rs h a v e been b u y in g a n d th e re has been a m o d ­
erate d e m a n d f r o m th e h o m e trade . T o -d a y th e m a rk e t w as
firm e r,
The sales in c lu d e d N o . 2 m ix e d a t 22* ,c . in e le v a to r
a n d N o . 2 w h ile a t 2 4 lJ c . in e le v a to r.

10,000
500

10,000
500

P sttorts.

m Quiet at
M A rie l. \ Sicady
141* ntl- partially
I:* 5 r- M-|
vaoea.
l *>4dee.

1? ( « ? » « . T h e fe a tu re has been d e cre a sin g re ce ip ts despite th e
fa c t to o t roads h a v e been i n a b e trt?r c o n d itio n , a n d th is has
s i m u la t e d som e b u y in g b y s h o rts to c o v e r c o n tra c ts . A t th e
close, h o w e v e r, there, w as a d e c lin e of ^ < § t ^ o . u n d e r s e llin g
fo r W e s te rn a c c o u n t. I n th e spot m a r c e l o n ly a lim ite d
v o lu m e o f business has been tra n s a cte d , b u t price s h a v e a d ­
va n c e d . T o -d a y th e sales in c lu d e d N o . 2 m ix e d a t 3 0 ‘ £c. i n
e le v a to r a n d 3l.?gC. d e liv e re d ; also s te a m e r y e llo w a t 30*<o.
in e le v a to r.

Flour.

c.
0.
80 » 87
Nominal.
79 ® S5
8 1 % * 83%
20 ® 23%
20 -3 30
22%® 23%
2 4 % * 25%

Barley.

Oats,

Com.

Wheat.

Rye.

Bbls. 190*61} Bush.mibs Bush. 56lbs Bush.32 lbs Bush. 48lbs BusKWlb*

11.750
12.600
24,771

Chicago— .
Milwaukee.
Duluth . . .
Minneapolis
Toledo . ...
Detroit... ..
Cleveland..
St Louis,
Peoria .
Kansas City

44,809
30,415
0.240
1.703
1.73S
1,000
1,004
23.276
0,000

69.712
44,850
610.530
824,310
51,290
24,245
'2,880
Si, 671
12,000
55,00*1

610,039
3,250
1.040
19,020
137.335
43,604
9,019
031,580
428,050
193,*00

1.089,890
94,600
37,680
105,010
2,000
20,744
1^1.01
148,600
101,160
79.000

19a,520
93,000
61,729

Tot-Wk/97
•laraewIv.W
^arae wkJftS
Since J ho. 1
LSO0-9? ..
1806-00 ...
1804-06 ...

J23.842
178,239
152,081

1,784,121
2,095,134
1,803,132

2.078.2 7
8,388,939
1,241.081

1,757,675
3,248.568
1,481,959

418.132
085,310
873,801

05,748
52,170
<51,700

7,889.031 127.992,500 i 14.000,275 m ,a 12,429 33,351,707
7,35)6,712 106,8#8.87h 87,210*205 102 493.873 33,203*173
8.455,473 122.037,040 57.136,293 03.337,571 29,060 748

5,900,299
3,030,754
2,036,988

••
27,033
.... ..,
21.750
17,500

975
........AT
15,052

T h e re ce i[ its o f H o u r a n d g r o n a t th e se a b o a rd p o rts f o r th e
w eek ended M a ro h 27, 1897, f o llo w ;
tlour„

Receipts a/—
hbl*.
tfew York .......... ..
10>,307
Boston
.............. 2 ',o?»
Montreal. ...............
6.7iSu
Philadelphia..........
n.711
Baltimore-............
43,i0i
litfsimsond -. ......
New origans*,,......
Norfolk....... . .........
Newport News.. ...

I5 n0uo

tialveston .. ......... ...... .
Mobil#.........................
Portland, Mo .......
2,0*2
St. John, N. 11.........
MJ*2i
Total week ...... -J•*2.8U
vVeek 1800.
. 244 »0l

Wtwxt.
bush,

Corn,
bush.

14,pOO 1*<6,225
207, L70
31,740
10,070
8)0,430
3,«6-i
71.130 1,523.530
33.230
14.134
20,^25
510.205
.
763.900
. — ...
222.220
— ...
40,008
16,*>83

8,453

Oils,
bush.

7?2.4o<)
82.204
sg

MTBJus>s.3ti>. -B y csbi# from Liverpool we bitfM the followi r>g
of fh'- wi nk'n
ktorfstau <fco»* lit that poM.

i VOL. LXIV.

..

1!

I'flfi

672

77,444
10,216
47.35)0'
■
30.00 »

Barley,
bush

200,8.70
1,375
500

23.200

Rye,

18.525

150
3,849

68,348

*24.951
211,095

221,441 l.0^l,‘?42 1,1)2,770
1 3 « 1 1,322.764 1,093.200

247,1*25
173.781

80,870
4,702

•Receipts da not inclttde wraln passing through New Orleans for foreign
port;# on throwirb bill# of ladlnjc.
T o t a l re ce ip ts a t p o rts fr o m J a n . 1 to M a r c h 27 c im i a r 4 as
fo llo * B fu r fo u r ye a rs :
18» 7.
IHM,
1805.
183i.
fUceipUof—
3601,061
2,541,881
3.501,991
4,104,069
Piour...................btra
Wheat
Corn .
Oat# .
Barley.

.......hush.

4.043,975
58.323,141
13,213037
2
7,3
1,.3
33*0
,20
02
2

3,070,5."4
18.870,015
9140,270
100
3#16?HH
,045

3,840.761
6.500,830
0,714. >89
1,097
00
8.1
3,2
25
18,287,155

2.006,502
16502,754
7024227
1,31700,2
.28500

Total Ifrain
... . . .. 77,8.78,707
31,022.659
27,6.25,083
*M*cul*Uvn d- iilings in the market for Indian corn
----- nn'inu. d qut- t. but th. r. has i»>en a stronger
T h p e x p o rts f r o m th e se v e ra l seaboard p o rts f o r th e w e e k
. ai d for the week prices show an advance of e n d in g M a rc h 27, 1897, a re s h o w n in th e a n n e x e d s ta t e m e n t:

THE CHRONICLE.

A pril 3, lot>7 |
W o e a l.
bush.

P o r t l a n d ............
P h ila d e lp h ia ..
N e w O r le a n s ..
N o r f o l k ................
N e w p ’r t N e w s
; i. J o h n
..........
G a lv e s to n . . .
M o b i l e ..................

S a m e t im a ’Sd.

C o rn ,
bush.

3 » 1 ,6 7 2
4 ) 5 .9 8 ?
2 7 5 , * '3 8
2 2 5 ,1 0 7
4 4 .0 4 ) 3
.................
0 8 .2 0 2
9 L 5 ,t l9
2 0 .0 H 0 1 , 7 > 0 .8 7 3
1 5 ,2 5 2
9 4 5 .3 2 1
________ _
5 1 0 ,2 5 5
1 8 .5 3 J
.................

8 .4 5 1
2 2 i ,2 2 5

8 2 5 8 59 5 . 7 7 6 . 8 * 4
4 8 2 .1 4 1 1 , 6 5 L, 8-39

F lo u r ,
h b lK .

O a ts
bush.

9 3 ,7 2 2
1 3 .9 U
2 ,0 3 2
2 3 , t io
1 5 .7 " 3
1 .5 3 )

B irle y ,
bush.

2 .2 7 5

4 7 ,5 3 4

8 8 ,6 3 4

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

2 9 .6 7 2

51 000
3 J, 1 7 5

i 3 8 .0 ) 0
9 ,9 2 1

Peas,
bus*.

bush.

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

3 4 .2 8 5

3 0 . 0 >0
2 0 , )9 >

2 L ,0 0 )
5 7 ,6 6 L

.. . . ...

. . . . . . .

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

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

3 :3 .4 0 8
2 4 2 .1 7 1

5 > 2 ,5 3 t
2 1 7 ,9 8 3

><1.8 »9
5 3 ,3 7 0

8 \808
2 5 , 3 73

1 ) 9 ,6 3 4

T he d estin a tion o f th ese e x p o rts fo r th e w e e k a n d s in ce
S ep te m b e r 1, 1896, is as b e low .
E x p o rt* fo r
soeek a n d s in c e
S e p t.lt o —

,---------------H o u r . ---------------, ,------------- W h e a t . ------------- > ------------------ C o r n . --------------- ,
W eek
S i n : * S e p t.
W eek
S in e * S - p t .
W eek
S in c e S e p t
M ir. 27.
1 ,1 9 9 ).
I f f . 27.
1 ,1 8 3 3 .
M a r. 27.
1 ,1 8 1 6 .
b b ls .
bb'.s
bush.
bush.
bush.
bush.

U o it e d K in g d o m
2 5 6 .4 3 0
C o n t i n e n t .................
1 3 .8 6 •
C . A m e r ic a ..
3 2 .2 1 2
W e s t I n d i e s ..
..
25 484
B r it . N . A . C o l’s .
5 .0 6 0
O t h e r c o u n t r i e s .........................

5 .5 2 2 .2 ) 9
58 ? 04?
6 1 6 .8 6 )
6 3 2 .0 9 7
1 > 2 .2 5 4
1 7 2 ,3 4 3

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

T o t a l .........................
T o t a l 1 8 9 5 -9 8 . . . .

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

8 2 6 .8 3 9
4 6 2 .1 4 3

8. &

323 106
2 4 2 .1 7 1

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

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

5 3 ,1 6 :.0 6 8
5 2 ,4 2 1 .2 7 0
1 3 8 .6 0 7
6 0 8 .2 1 4
271 418
1 , 5 8 > ,8 6 0

108.18

5 ,4 3 7
5 9 , 4 0 < .3 9 8

T he v isib le su p p ly o f g ra in , c o m p risin g th e sto ck s in
g ra n a ry a t th e p rin cip a l p oin ts o f a ccu m u la tio n a t la k e an d
sea boa rd p orts, M arch 27. 1897. w a s as fo llo w s :
TPTieafc.

I n s to re a t

bush.
. 1 ,5 1 5 .0 0 0

N e w Y o r k ...................

.

5 3 8 ,0 0 0

A l b a n y ................. ................
.
C h i c a g o .............................

8 7 1 .0 0 0
« O .i)0 0
1 0 .2 3 8 .0 0 0
.
3 2 4 .0 0 0
.
2 2 1 OOu

D o
a f l o a t ..........
D o l a t h .................................. . 5 , 7 6 5 . 0 0 0
4 0 2 .0 0 )
D o
a flo a t. ... .
B 7 3 ,d i> 0
T o l e d o .................................... .
D o
a f l o a t ............
.
2
9 1 .0 0 0
D e t r o i t .................................
D o
a f l o a t .............
1 2 .0 0 0
5 2 1 .0 0 0
S t L o a l i ............................. .
D o
a f l o a t ............
C i n c i n n a t i ...........................
.
4 0 8 .0 0 0
1 7 4 .0 0 0
T o r o n t o ................................ ,
...................... .,
4 8 9 ,0 0 0
M o n t T A a .1
2 8 3 ,0 0 0
P h i l a d e l p h i a ................. .
.
2 6 .0 0 0
H 3 .0 0 0
I n d i a n a p o l i s ................. .
.
> 0 8 .3 0 0
f lH .O O O
B a l t i m o r e .......................... .
M i n n e a p o l i s ..................... .1 4 8 5 9 , 0 0 0
O n M is s is s ip p i H ir e r .
...............
O n L a k e s ............................
O n c a n a l a n d r iv e r ..
_____ _______
T
T
T
T
T

o ta
o ta
o ta
ota
o ta

l
l
l
l
l

M ar.
M ar.
M ar.
M ar.
A p l.

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

TH E

3 9 .2 i 3 3 0 0
.4 0 .4 3 i.4 0 0
6 1 . 0 4 -‘ .0 0 0
7 4 .3 7 0 0 )
7 1 .3 3 6 .0 0 0

C o rn
bush

0 it s

bush

R 'je .
bush.

4 .0 7 0 .0 0 0
1 1 6 ,0 0 0
3 5 ,0 0 0
102 000
2 2 5 .0 0 0
7 . 6 8 9 .0 0 0
4 ,0 0 6 .0 0 0
3 .U 0 0

1 . 8 1 4 ,0 0 0
1 0 0 ,0 0 0
1IM .OOO
8 1 .0 )0
5 . 9 2 6 .0 0 6
7 52 0 ) 0
8 000

9 5 .0 0 0
9 5 . 0< 0
1 ,3 3 4 0 0
1 9 4 ,0 0 0
4 5 ‘ .0 0 0

4 8 .0 0 0

2 ,1 0 5 ,0 0 0

8 3 4 .0 0 0

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

1 , 7 8 1, oo<j
1 > 0 ,0 0 3
1 .0 0 7 ,0 0 0
8 2 .0 0 0
1 . 8 8 5 .0 0 0
lo .J
4 3 .0 0 0
1 6 2 .0 0 0
1 .5 6 6 ,0 0 0
92 000
8 7 .0 )0

.000

___

____

25 15 2. )00
2 4 ,0 7 7 .0 0 0
1 6 . 5 tO 3 0 0
1 U »7. M)0
1 3 .5 19 0 0 )

2 1 7 OOO
4 3 ,0 0 0
1 0 .0 0 0
7 1 8 ,0 0 0
1 5 7 .6 n o
9 7 .0 0 0
1 8 1 o * '11
9 5 .0 0 0
1 , 2 4 1 ,0 0 0

4 5 ,0 0 0

93 000

7 .0 )6

4 0 ,9 0 0

2 1 .0 0 0

1 9 . 0 0 i)

3 3 .0 0 0
2 ,0 0 0

2 2 3 .0 0 0
..
...
9 . OOU
2 1 1 .0 0 0
64 00 0
76 2 0 )0
7 7 .0 0 0
2 .0 0 0
1 8 3 ,0 0 0 *
1 2 3 .0 0 0
1 ,‘ K 6 ,O n o
1 1 3 .0 0 0

___

2 5 1 ,0 0 0

B i r 'e y
bush.

_____

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

9 1 ,0 0 0
1 ,0 0 0

73.066
7.060
6 .0 0 0
1 1 5 .0 0 0
2 3 .0 0 0

_

___

3 .* 0 5 30 0
3 . 6 l*>.»H)0
1 , 4 v 8 .0 0 0
267. ) '»
415 000

4 1 .0 0 j
4 4 ,0 0 0
1 9 .0 0 0

94 000

. ___ ____
3 ,1 6 5 .0 0 0
3 .0 6 8 .0 0
1 ,1 9 5 ,0 0 0
7 6 7 0 >0
6 3 6 ,0 0 0

DRY GOODS TRADE.
N e w Y o r k , F r i d a y , P . M ,. A p ril 2, 1897,

673

than sheetings and m ore regular in price. B ro w n osa ab u rgs
are rather m ire in qu ired after, but bro v a d i c k i con tin u s
slow . In bleached cotton the dem and has again baea o f a
nionotonous character, la ck in g spirit in a lld irectioa s. Prices
are w ith ou t qu otable cha nge, but sellers are n ot alw a ys as
steady as o f late. T icks are in active a fter recen t s a b s at lo w
prices. D e n im sa re d u ll a n d re a d ily o ffe r e ia t previous prices ;
other coarse colored cotton s d u ll an d featureless. W id e
sheetings firm b u t q u ie t ; lea d in g stocks in g o o d shape. C o t­
ton flannels an d blankets have sold fa irly fo r n ew season re­
quirem ents. K id finished ca m b rics are d u ll but stead y on
tn e basis o f 3 c. fo r 64 sq lares. F a n cy ca licos an d fine
specialties in printed lines have been in qu ietly steady dem an d
in a regular way. Som e lots o f the la ttsr h ave been closed
ou t under special prices. In d ig o blues, shirtings, black and
w hites and other m ore staple lines o f prints are firm , Staple
gingh am s in irregu lar d e m m d at low prices. Dress styles
slow . N apped fa b rics in n ew dark w ork fa irly ordered an d
generallv at lis t se ison’s prices. P rin t cloth s have been
quieter this w eek but prices h ave ruled steady on th e basis o f
2 9 16c. fo r extras.
S lo e k o f P rin t Clothe—
M
A t Providenoe, 64 squares. )
At Fall River, 64 squ ares.. S
At Fall R iver, odd s iz e s .... )
T otal stook (p le o e s )....

1897
27

a r.

*

( 221,000
v 694,000
C 485,000

1896.

1835.
30.
122.000
77,000
115,000

1894.
Mar. 3 1 .
201,000
320,010
69,000

1.400,000

314,000

5 9 3 ,OuO

M a r. 28.

M a r.

* Bv agreement am ong tin olotli brokers uo d e ta ils ! statem ent o f
the print c lo.h m arket is made pnolio.
W o o l e n G o o d s . — Tne d em an d fo r m en’ s w ear w oolen s a n i

worsteds has been qu iet d u rin g the week but still fair fo r the
tim e o f year, and in view o f tne fa ct that the la rger buyers
are a 'l p ractically through w ith their first r o u n i o f orders for
h eavy-w eigats. T h i t r a e o f th 9 m arket is d ecid ed ly firm fo r
the general run o f both staple an d fa n c y a ll-w ool an d a ll­
w orsted g o o is . a su pporting fa cto r being the stron g con d ition
o f th e m a rket for ra w w ool. There are a fe w sellers a n x io u i
to cover a considerable ou tpu t y e t, and con sequ en tly easy to
deal w ith, but the m a jority either h old v ery firm ly to
previous prices or are turning d ow n n e w bueinees exoept at
an ad va n ce o f 5 to 7 J--2 per cent. O vercoa tin gs and cloa k ia g s
are also generally firm
Satinets w ell held as a rule, and a
steady m arket noted in c o tto n -w arp cassim eres. F lannels
and blankets r u b firm , w ith an occa sion a l a d v a ic e ia the
form er. Plain dress g o o d 3 fo r fall t e n ! u ow a rds, and a fa ir
business is reported in both these and fan cies.
F o r e ig n Dr y G o o d s . — As n oted above, business in foreig n
m -rch andtse for fall has been in terfered w ith by the retro­
active provision in the Tariff bill as p v ss e l b y t h s H o u i e .
The orders cakm du rin g the w e ok have toeea ia d lff orent, both
buyers an d sellers being ex tre m e ly cau tiou s. In seasonable
g ood s business has been o f a clea n in g-u p character.
I m p o r t a t io n s a n d W a r e lio n s e W it h d r a w a ls o f D r y G o o d s .

T h e im portations an d w areh ou se w ith d ra w a ls o f d r y g o o d s
There ha 3 been no developm en ts o f m aterial im portan ce in
th e cotton g o o d s division o f to e m arket d u rin g the past w eek. at this port for the w eek en d in g A pril 1, 1897, an d sin ce
The da ily atten dan ce o f bu yers has been m oderate, store Janu ary 1, I8v)7, a n d fo r th e corresp on d in g p eriod s o f last
trade qu iet an d business arising fr o m m ail orders o f ab ou t year are as fo llo w s :
id h
ps
{£
average proportions. U n der such con d ition s and in the a b ­
fa g o ^ g
f
fa a g ^ f
sen ce o f an y outside infl le n ce s u ffiiie n tly stron g to attract
» tx*
attention, the attitu d e o f both buyers an d sellers rem ains u i c ."
|| &• sS rlla
*» - ! H ' A
ebanged. T he form er are con ten t to keep requirem ents c o v ­
iB
r
~ --9
2 ?
§
■
B•
i Ia
5: ! N |
•
ered as th ey arise and th e latter are con ten t to sell w h en th ey
*
o
s
\o a ?o. P
a:
0: :
ca n w ithout m ak in g con cession s in price. T he e x p o rt de­
OB• a : : : 3
0 :
5’ ?
m and fo r h eavy b row n g ood s h is not been obtru sive, but
B
B4 :
"3 .
th ere is a fair a m ou n t o f business bein g d on e q u ietly on f o r ­
•Ssr
e ig n a ccou n t. T he w oolen g ood s division s n o w s som e in di­
10
ca tio n o f ad va n cin g ten d en cy m ore u n d er a stron g w ool
-2 K- rj,
i
, M
Mtt'O
l wV
05 to to cn
to
071CO-1<1tO
lOO to <1 -I ©
m to onm "xt
m arket than direct tariff influences. T ne c h ie f e ffe ct o f the
to Oi I *-» - G O HOOlGO
ico MCP to CH
latter is seen in the fo re ign goods m a rk et, w h ich is in a state
• fe9
-of greater uncertainty tnan b efore, o w in g to the a d d ition o f
WWCH|^C5
-M: W
« l »-* X © tO
Mg
MQDXOO —
1 M3* 1 M 51X
CD 5 .
the retroactive c la m s to the T a riff bill as passed by the
| i c y ^TDX^ltO
to to _ **■©—pp
o «Tt-'m
b>to j © —co©©
! oi® I <*bV**’H ou se. Im porters d o n o ; think this clau se w ill g o w ith ths
-Jto I Mto W<1to
I g
X © © •-*
CO t o (U © o
t- rf* 00 to 30
CO"J GO O VIO
00c *g "C*-» *J1X
rest o f the bill th rough the Senate, but neverth eless buiiness
0
is grea tly cra m pe 1 m eanw hile.
c*
If*
*
r
jY
-g <t*
©
d o m e s t ic C o t t o n
G o o d s —Tne ex p orts o f c o tto n g ood s
yx
©to w © w g g
© CDO ic
©*0’© TO*© 5 i°
fr o m this port fo r the w eek en d in g M arch 29 w ere 8,859 ©
©© —to ©
w cn'g g*bi©*WM
W <J t o w n ­
CO S 3 it>.O
MX o a w © iOi ©
OiXw A © goo
pack ages, valu ed at $251,353, their destin ation being to tbe © -g j3 to ch
e e CD W © G O
CH© X 0<rf*
2.
points specified in the tanies b elow :
0
M to*-* MM->CH
w to
CO 3 5 05 35
to 0 -a
—to X CD -)©
1897.
1896.
iaCoL,
*- W - to 0*qotc — 0 © w’-g W>-* <*X©
N ew Y o kk to March 29.
<J©
tO X © Oi * * »
CJOMtO®
0
1
(
T
)
w c w -o
n
*g©
co
g te w g
O **w tOX*OCD»-<
© tu01 ©O© ©**
Week. Since Jan. 1. Week. Since Jan. a . C
MOp05COM
w -1 © •vjx © —©
*-gbi © wb>t.g
os m © m w
CD Cl* 0 COto ©<- ©
to CH© ia. i. 05 D«-•
Great Britain......................
1,410
5a
H-iOOXCH
5^6
8
©W*J oo> d *-* •g#* © -* x © g
—
.
.
Other E uropean...................
flo
1,226
84
1,201
0
CO K3
to
China ...........................
2,770
2g,5tn>
16 ,-9*
t
o to
M W
©to
z
Ind ia........................................
COV COGOGO
175
2,442
842
150
to ©to to K-lMGA© .a 00 ©X m w a-g
*0 © g —©
-1 © CO
©T
)
■g© ©to©**©
Arabia............................ .......... 2,110
6,819
S 1,425
4,596
© aO Q G
©o n t g o x
© © g x©©toto
3- >7
A I r lo a ...........................
3,761
388
3,091
150
10
to M
Indlefl........................ ....
to ^
347
4,416
3,373
109
t o t o * * . W CO
w
Vj
©
0
M
-*
M
M t t lo o ..........
27
718
no
606
g © M© g
O
i o» © e>*m » to ©
© rj>^ to 01x ©g
E l.
t o X 071 op 35 40
to ©to a g g g ia
© © © CH>f*© © ©
Central A m erica........ ..
HR)
1,7< 9
314
2,186
CACOCOlfhOl
0 •c. -A ©
f c o a © .i
iuto if* X © -* to
South A m erica.................
G77
431
14,186
11,808
© W-J O tfx si’
© Oi OI ©
© © 3) CD*0© © ©
Otner Oonntriee.......... ........
83 1
63
1,3 a6
94
c
o
©
g
©
g
I
O
i
x
>
O
i
Dlf*XtO
If*
2) © © g ^ o i p a
d
T ota l......................
48.322
6,859
58,661
2.865
<Ol
•0. 01
t-4
0
W
M
1
M
© ww
11,162
Chiaa, via V an cou v er*,...
8,750
3,845
to <*■ w ^ to g g
<01 to w CH^*>ogto
*
0
‘
•
g
a
1
to ^ 0 - 0 0
©
’
g
to
I*
w
w
©
■
«
»
59,484
lo c a l............................. .
67,411
6,859
6,710
W Ofi 35 oh -*
-V. W© ©rfa. O
© ►-•X CHXMM ©
CHtO CHOl M-J M
— © © tow
(X CHW to 0*. X CO*-*
' F r o m S o w E n g la n d m ill D o ln te d ir e c t .
<U C-CD
O
The value o f the N ew Y o rk ex p irts fo r the y ea r to date has ©
M—
MM W
© MX
M O
been $2,115,272 in 1897 against $2,218,102 in 189 5.
- ‘-g w
CP© 40CO00
. Ai © xw *g
chx** x#*
00© 31X ©
COO
-i
X ww 0. **to to ©
Tho hoaas dem m l for brow n sheetings a i 1 drills has baea
MOi © to —to
cowjacn to
© 10
-4 M© ch© © g
CO w© © to OI3>OI
CO VioaoVT©
CH W
©
©
-*
to
©
q u ie : in the a g g r s g i.e , with little interest taken in con tra cts
-1 <0 ►-•©too©
g
© d t o ch co
© g © © 01g x to
© I * * 35 © - 4 if*© CH h 0: to yi ih
to ©to IO*-yMM
f o e forw a rd deliveries. D .dlli are re utivoly better situated

Ik j

th e

674

S ta te

and

c h r o n ic l e

C ity D e t a n t m ^ n t ,

TERMS OP SUBSCRIPTION.
Th>‘ ijfVKSTiiftH.' Sl i i'I.FMF.NT w ill ho furnished

without

*j~fm ‘'hitt]}*" to every annual subscriber of tho COMMERCIAL
xxt> FotiSCU). C inotacut.
Th

ST.\ri:

T li.

s t r ic t

ash

C i t y S v' i t l k m !’ n t w ill aLso be furnished

without extra charge to every subscriber of the C h r o n ic l e .

R a i l w a y S c p p l k m r x t w ill likewise be f u r­

nished without ex tra charge to every subscriber of the

cniuxicut.

Th- t('i ur s noN s p i t ! ijti’.NT. issued monthly, will also be
furnished with- ut ex tra charge to every subscriber o f the
CHRONICLE.
TKRMH f.-r the Chronicle with the four Supplements
alHivr munch art-Ten Dollars within the United States and
Twelve Dollar- in Europe, which in both cases includes
postage.
______
Terms of Advertising—(P er iueh spare.)
$3 50 Three Months (13 tim es)..$25 00
(26 tim es).. 43 00
u tirawi.. n oo Six months
T-rn Mouth*
(6 tim es).. 18 00 Tw e lve Months (52 times). 58 00
T h e above !-• rm* for one month ami upwards are for standing cards.
One tim e ................ ........

One Meath

B o n d P r n p a u ilii a n d K e g o t la t lo n s . —W e have re­
ceived thrmieb the week the following notices of bonds
recently negotiated and bonds offered and to be offered for
sale.

Yndroseoggin County, Me.— B on d Sale .—The §30.000 of
5 j*r cent fronds of this countv were awarded to Geo. 0 .
Wing of Auburn, Me., at 104 8975. The other bids received
were:
K. II Boltins * Son*. Boston. M a w ................................................. 104-470
: :
i;ii. Mu . .................................... ......... . 101-130
Aniirw diffgin County Saving* Bank, Lewiston, Me...................102-780
r.
Trust Co.. 1 oruilmston, Mu .............................................. 104-3088
I) .
hi ' ni wo A- Prior, Boston, Mass ......................................... 103*810
.................................................. 104-835
Parson. Lt»«ch A Co.. New Y o rk , N . Y .................................. 103-511
tt. S May A Co.. Lew Uton. Mo ....................................................... 103-5366
L* I . Blgyinti.it) A: Co , Ko-ton, Mass............................................... 103-4536
J u t. Parker A- ('<> , BostuD, Mass......................................................102*950
I m M A < 0 . Boston. M ass........................................102-539
B in ,lift. Ml rrtt*. A Cm. Boston, Mass.............................................102-570
Rational Shoe A Leather Bank. A u burn, M e.............................. 103*347
Parklnsot)
Burr. Boston, Mass ...................................... ...........102*010
T r ie r . Pose .t Co.. Bangor. M e............................... .........................1(1-400
K. i. fray A c » . Boston. Mas,............. ...— ...................................103*139
Geo. A. Ferasld ArCo., Boston, Mass..............................................104*148

The securities are of the denomination of $500 each and will
mature in from ten to nineteen years from date of issue.

.

,'Vol . L5IV,

Bidder—
A mount.
lint.
f l i r t National B ank. Looklatjd, O ......................... 8 3 0 ,0 i0
103 500
Kotiert A* tfiiO .f-lre in n a tt.O ...................................
30,00'i
102150
Tlilr,! Sal. Bank amt aesoct.iter, Ctnolnuatl, O ..3,654,000
101*877
J . M, Anderson, Cincinnati, O ..............................
30,f,( 0
101*870
P. J O ouilhart* CM., Cincinnati. O .................... 3/ 54 (WO
101781
8. Knlm A* Bona and assontat.ee, Cmelatiatl, 0 ...3 ,6 5 4 ,0 0 0
101*395
Yerm ihw it C o , New Y o r k ....... ........ ...................... 3,654,000
101*302
Altenbere * Oo., Cincinnati, O ........................ 100,000
lot *000
linesm an A Sons, Cincinnati, O ............................ 100,000
100 5115
J . M . Blmon, Cincinnati, O . . . ............................... 2 0 1 1 .0 0 0
ioo*5lo
Canadian Bank of Ootumeroe,Toron to, Canada.. 100,000 100*000
W. E. H o y, Cincinnati, O ....... ....................................
4.000 100*000

Council Bluffs, Iow a .— Bond S ale.— I t is reported that
Council Bluffs has disposed of refunding bonds to the amount
of $25,000. The loan bears interest at the rate of 4}-£ per cent
and will mature in from five to ten years from date of issue.
Tbe securities are dated February 1, 1897, interest is pay­
able semi-annually on the first days of February and Auguist
in New York City, and the principal will mature February 1,
1987.
Balias, y . C.— B on d E lectio n —It is reported that the
citizens o f this town will soon vote on a proposition to issue
§25,000 of court-house bonds.
Delhi, N. Y .—B o n d S a le. —This municipality has sold $60,OOO of water bonds to C. H, W hite & Co. at 103*29. The se­
curities are registered, interest at the rate of 4 per cent is
payable semi-annually in May and November, and the princi­
pal will mature in about 17JY years from date of issue.
Forsyth, Ga.—B on d O fferin g —Proposals will soon be re­
ceived for the purchase of §4,000 of water-works bonds of
this town. The securities will bear interest at the rate of 6
per cent and the principal will mature in thirteen years from
date of issue.
Ilaughville, Ind,— B on d Sale.— It is reported that this
municipality has sold $9,000 of bonds at par.
Hollister, Cal,—B o n d s A u th o riz ed — On March 23, 1897,
the citizens of this town voted in favor of the proposition to
issue $33,000 of serial sewer bonds. The securities will be o f
the denomination of SS75 each, dated June 1. 1897; interest at
the rate of 6 per cent will be payable semi-annually, and the
principal will mature at tbe rate of one-fortieth yearly. A
special tax will be levied each year for the payment o f the
bonds.
Honey Creek, Ind.— B on d S ale.— I t is reported that this
municipality has sold §20,000 of 5 per cent road bonds at par.
Indianapolis, Ind.— B on d S ale .—Oo March 31, 1897, the
§330,000 of 4 per cent park-improvement bonds of this city
were awarded to the Indiana Trust Company of Indianapolis,
Ind., for §376,347 SO. The other bids received were as follows :
C. H White & Co.. N ew Y o rk . N . Y ...........................
Street, Writes A Co., New Y o rk, N. Y .....................
W J . Hayes & Boos, Cleveland, O h io .......................
E, D . Shepard & Co., New York K . Y .....................
E . H , Rollios A Sons, Boston, M a s s .......................
Ind)ana National Bank. lodianapolts, In d ...........
Campbell, W ild & Co, Indianapolis, In d ____ _____
Estabrook & Co., Boston, Mass
............................
Illinois Tru s t A Savings Bank, Chicago, I I I ..........
Kidder, Peabody A Oo . Boston, Mass....................
Mason. Lew is & C o.. Chicago, 111...............................
N. W . H arris <fe Co.. Chicago, I I I ............................... .
Farson, Leach A Co,, Chioago, 111.............................
N . Y Security & Tru s t Co., Sew Y o rk, N. Y .........
Edw*. C. Jones Co., Sew Y o rk , N. Y .........................
W alter Stanton & Co., N ew Y o rk . N . Y ...................
J . A W. Seligiuan, New Y o rk , N. Y ....... ....................
P ielz, Dontson A Prior. Cleveland, O h io ..............
T h ird National Bank. Boston, Mass.........................

...$ 3 7 4 ,3 2 5
. . . 373.485
. . . 371.315
. . . 370,697
. . . 367,776
. . . 366,666
; J 365,214

50
00
00
00
55
00
50

Rattle Creek, Mich .— Bond E lectio n .— A n election will be
' 364.763 00
held in ihis town to dtcide the question of issuing street-im­
provement bond* to the amount of $30,000.
| 364,675 OO
364,595 00
Benson, Minn.— Bonds A u th o rized .—It is reported that the
. 364,420 00
citizens Of Benson have voted in favor of issuing bonds for
. 364.035 00
the purpose of constructing water works.
363,973 00
363,158 OO
Boston, Mas- — T em pora ry l o a n — The city of Boston has
362,285 OO
borrowed $1,0..0,(KjO of F. K. Mosely & Co., of Boston, in an­
(he securities are dated April 1, 1897 ; interest is payable
ticipation of the pay met t of taxes. The loan bears interest semi-annually on the first days of January and July, and the
at about 1 per cent and matures November 2, 1897.
principal will tuatnre January 1, 1927. both principal and in­
Brooklyn. V Y.— B on d AWe*.—A bill authorizing the Citv terest being payable at the offi:e of Winslow, Lanier & Co.,
of Brooklyn to borrow §500.(00 for school buildings has passed New York City. The bonds are of the denomination of
§1,000 each,
the Assembly.
Jamaica, N, Y.— B on d O ffering —Propo°a’s will be received
( albonn County, Ain.—Bond O fferin g.— Proposals will be until 11 o’clock a . m . , April 6, 1897, by Alfred H Beers,
r- co v .ii unlil 12 o'eloi k noun. May 4, 1897, by Emmett F. Village Treasurer, for the purchase of §153.000 of 4 per cent
Crook, Chairman f f thi* Board of Commissioners, for the gold sewer bonds. The securities will be of the denomination
purchase of 175,000 of 0 p* r cent funding coupon bonds of of $1,000 each, dated April 1, 1897, interest will be payable
Calhoun County, Th>* s.curitifM will be dated June 1, 1897, semi-annually arid the principal will ma'ure April X, 1917,
interest will be payable semi-annually on the first days of both principal and interest being payable at tbe Bank o f
Apr,! and October at the Tredegar Nations! Bank of Jamaica.
Jacksonville, ar.«l the principal will mature June 1,1917.
No bid for less than par or for less than fifty per cent of the
The nds will be of (he denomination of $300 or §1,000, as bonds will be considered, and each proposal must be accom­
the purchaser msy desire.
panied by a certified check for 3 per cent of the amount
No fold U r less than par will be eomddrred, and each pto- bid for.
f***\ must foe accompanied by a certified cheek for $2,500,
Jefferson County, W. Va.— Bond S ole . —On April 1, 1897,
Tin* loan will constitute the only indebtedness of the
county. Tic ;i»« ud valuation of real rat ate and personal the §80,000 of 4 per cent refunding bonds of this county were
prcpcrtT for lxpr. *..*#» $§,000,000: the real va'ire is estimated at told to local bidders a' par. The securities are dated April 1,
§.“'*.n A l,t*,i : tax rate (per §1,000) for 1897 will he $8-70. 1897. interest is payable semi annually on the first days of
Iho population iit the present time is estimated at about April and October, and the principal will mature April 1,
1930, subject to call after April 1, 1907, bo'h principal and in­
f*fi.HOCf.
terest being payable at the National Uoion Bank o f Maryland
O m bridse,
Bond O ffering.— Proposals will h ere
in the City of Baltimore. The bonds are of tbe denomination
wived until 12 oVIeek noon, April % 1897, bv the City of of S!00, §500 and $1,000, and are exempt from all county,
Otto bridge for the purchase of $200,000 tf 8«i per cet t district or municipal tax levies,
twenty-year r« gisteft d bond*,
Jelllco, Tenn.—B on d O fferin g .—Proposals will be received
n n rin n »ll, Ohio.—Bond ,5n/e,-On March 29, 1897, the by this town for the purchase of §0,000 of 6 per cent school
$3,854.0W of 3-es ycr cent ref trading gold bonds of this citv bonds.
were awar.tr.I tf. the First, NatSnpBl Bank of Circthnali and
Jersey City, N. J .— B on d Offering—Proposals will be re­
seasougoed X Mayer, of Cincinnati, at 103*167. These parties ceived on April 15, 1897, at-1 o’clock p. m . by the Board o f
1 i^par-1'* ' ••Out thalr bids being tbe same the loan was Finance, for the purchase of §150,000 of 4J| p°r cent re­
awarded to them j intly 'ey igreemet t. The other bids were funded general bonds of this city. The securities will be
dated May t, 1897, interest will be payable semi-annually on

A p r il 3, 1&97.J

THE CHKONICLE.

b e first d a y s o f M ay a n d N o v e m b e r a n d t h e p r i n c i p f f w ill
m a tu r e M a v 1, 1927, b o th p r in c ip a l a n d in te r e s t b e in g p a y a b le
in g o ld . T h e f o r d s w ill b e e x e m p t f r o m t a x a t io n a n d w ill be
s e c u r e d b y a s i c k i n g fu n d .
E a c h b id m u s t be a c c o m p a n ie d b y a c e r t ifie d c h e c k t o th e
o r d e r o f th e C ity T re a su r e r o f J e r s e y C ity f o r 2 p e r c e n t o t
t h e a m o u n t b id fo r .
W a t e r C o n tr a c t V e to e d .— T h e M a y o r o f J e r s e y C it y has
v e to e d t h e r e s o lu t io n s a d o p te d b v th e B o a r d o f F in a n c e , o r ­
d e r in g a c o n t r a c t t o b e m a d e w it h t h e E a st J e r s e y W a t e r
C o m p a n y t o s u p p ly th is c i t y w i t h w a t e r , o n t h e g r o u n d t h a t
t h e s p e c ific a tio n s w e r e in d f fin ite . A c c o r d i n g t o th e c o n t r a c t
th e c i t y is t o p a y an a v e r a g e p r ic e o f a b o u t $36 p e r 1,000,000
g a llo n s fo r a m a x im u m s u p p ly o f 50.000,000 g a llo n s d a ilv ,
w it h th e o p t io n o f p u r c h a s in g t h e p la n t a t th e e n d o f fiv e ,
te n , fifte e n o r t w e n t y y e a r s f o r $7,000,000.
J o p l i n , M o .— B o n d s P r o p o re d .— T h is c i t y c o n t e m p la t e s is ­
su in g $5 000 o f s e w e r b o n d s .
K o ac iU 8 k o f n u n t y , I n d .— B o n d S a te.— O n M a r ch 5, 1897,
t h e I n d ia n a T ru st
C o m p a n y o f I n d ia n a p o lis , I n d ., w as
a w a r d e d $30,000 o f in fir m a r v b o n d s o f K r s c iu s k o C o u n ty .
T h e lo a n b e a rs in te r e s t a t th e ra te o f 4 p e r c e n t , a n d m a tu r e s
in fr o m s ix to ten y e a r s fr o m d a t e o f issu e.
L a n c a s t e r , N . H .— B o n d S a l e — B lo d g e t , M e rr itt & C o. o f
B o s t o n h a v e b e e n a w a r d e d $31,000 c f f u n d i n g a n d s e w e r
c o u p o n b o n d s o f th e c i 'v o f L a n c a s te r a t 102-426. O th e r b id s
r e c e iv e d w e r e as fo llo w s :
E. C. Stanwood A Co.. Boston. Mass....................................- ......... 102-380
Jose Parker A Co., Boston, M ass........................................................1 0 2 1 " 9
Lancaster Syndicate, Lancaster, N. H . . . ...................................... 1 0 2 1 6 7
E. H. K ollios * Sons. BostOD, Mass ............................................... 102-139
(4eo. A. Fem ald & Go., Boston. Mass....... ....................................... 102-076
Parkinson A Burr, Boston, Mass..................................................1 0 2 -0 2 1
N. W. Harris A Co., Boston, M ass.................................... ............... 101-8U6
Mason L. Wise & Co ...................................................... .......................101-296
Jas. W. Lonestreet A C o., Boston, M ass.......................................... 101 -0*3
Roby A Knowles, C oncord, N. H ....................................................... 100-333
A. B ailey,L ancaster, N. H. ($2,000)................................................. 100-200
T h e lo a n b ea rs in te re st a t t h e ra te o f 4 p e r c e n t a n d m a tu r e s
in fr o m th r e e to e ig h t e e n y e a r s f r o m d a te o f issu e.
L i g o n i e r , P a .— B o n d s A u t h o r i z e d . — W a t e r w o r k s b o n d s o f
th is m u n ic ip a lit y t o th e a m o u n t o f $7,500 h a v e b e e n a u th o r ­
ized .
L o u i s v i l l e . K y .— B o n d S a le .— O n A p r il 1, 1897, th e C o m ­
m is s io n e r s o f t h e S in k in g F u n d a w a r d e d th e $588,000 o f 4
p e r c e n t r e fu n d in g b o n d s o f th is c i t y t o th e N e w Y o r k S e­
c u r it y & T ru st C o. at 106-77. T h e s e c u r itie s a r e d a te d A p r il
1, 1897; in te r e s t is p a y a b le s e m i-a n n u a lly o n t h e first d a y s o f
A p r il a n d O c t o b e r , a r d th e p r in c ip a l w ill m a tu r e A p r il 1,
1937, b o t h p r in c ip a l a m i in te r e s t b in g p a y a b le a t l he N a ­
tio n a l B a n k o f th e R e p u b lic o f N e w Y o r k C i t y . T h e b o n d s
a re o f th e d e n o m in a t io n o f $1,000 e a c h .
T h e c i t y at th e p re s e n t tim e h a s n o flo a tin g d e b t . T h e
to ta l b o n d e d d e b t , in c lu d in g th is issu e , is $8,714,000; s in k in g
fu n d , $317,500; n e t d e b t, $8,396 500; w a te r d e b t (a d d itio n a l),
$943,932. T h e ass(89ed v a lu a t io n fo r 1897 is: R e a l estate.
$88,985,000; p e rs o n a l p r o p e r t y , $28,715,000; t< t a ), $117,700,000: ta x ra te (p e r $1,000), $18 50. T h e r e a l v a lu a tio n is esti­
m a te d a t a b o u » $200,000,000. T h e p o p u la t io n a t th e p re s e n t
t im e is e s tim a te d a t 210,000.
L u z e r n e C n n n t y , P a . — B o n d S a le .— O n M a r c h 30, 1997, th e
$90,000 o f 4 p fr cent. 2 to 10 -y ea r g o ld b o n d s o f th is c o u n ty
w e r e a w a rd e d as fo llo w s :
. ________________
Bidders—
Amount. Due.
Bid.
D ick Bros. A Co.. Philadelphia. P a ...................$10,000
1899 101-500
Second National Bank, Wilkes Barre. P a ....... 10,000 1900 101-875
Seeood National Bank, Wilkes-Barre, P a.........
9,500 1901 102 600
C. McOrady, Wilkes-Barre. P a.......................
500 1901 102 875
Second National Bank. Wilkes-Barre. P a ......... 10,000 1902 103 625
Second National Bank. WiWes Barre. P a........
8.000 1903 104 5 ’0
W. Wallaoe, Wilkes-Barre. P a ....... ...................
1,000 1903 104 875
C. Me rady, Wilkes-Barre, P a .......................
1,0( 0 1903 104-625
Second Naiional R ink, Wilkes Barre, P a ....... 10.000 190 l 104-125
Second National B tnk, Wilkes Barre, P a ....... 10.000 1905 104-875
Second National Bank, Wilkes Barre. P a ....... 10.000 19-»6 104Second National Bank, Wilkes-Barre, P a ....... 10,000 1907 105M a h o n in g < 'o n » t y , O h i o — B o n d S a le — O n M a r ch 30, 1897.
T h e L a m p r e c h t B r o s . C o . o f C le v e la n d , O h io , w e r e a w a r d e d
$47,000 o f M ah on iD g C o u n ty b r id g e b o n d s at a p re m iu m ot
$3,025. T h e se c u r itie s w e r e is s u td f o r th e p u r p o s e o f c o n ­
stru c tin g a b r id g e o v e r tb e M a h o n in g R iv e r . T h e y b e a r in ­
tere st at t b e ra te o f 5 p e r c e n t , p a y a b le s e m i-a n n u a lly o n th e
first d a y s o f M arch an d S e p te m b e r at tb e o ffic e o f th e C o u n ty
T reasurt r , an d m a tu r e fr o m 1900 to 1909, in c lu s iv e .
M e th u e n , M a s s .— B o n d s A u t h o r iz e d .— It is r e p o r te d th at
th is t o w n has been a u th o r iz e d to issu e w a te r b o n d s to th e
a m o u n t o f $825,000.
M id t lle b u r y , V t .— N o te S a le .— It is r e p o r te d th a t M id d leb u r y h a s s o ld $28,000 o f te n -y e a r a n d $10,000 o f o n e to teny e a r n o te s t o W . J , H a v e s & S m s, o f B o s t o n , M aes.
The
n o te s bear in te re st at th e ra te o f 4 p e r c e n t .
M ount. V e r n o n , N. Y .— B o n d S a l e . - R . L . D a y & C o. o f
B o s to n , M a ss., h a v e beori a w a r d e d $20,000 o f M o u n t V e r n o n
s e w e r b e n d s a t 105-79. T h ir te e n o t h e r b id s w e r e r e ce iv e d .
T h e lo a n b e a rs 4 p er c e n t in te r e s t an d w ill m a tu r e in fr o m
t w e n t y -t w o to t w e n t y fo u r y e a r s fr o m d a te o f issue.
M o n l t r i e , (4a.— B o n d O ffe r in g .— P r o p o s a ls w i l l b e r e ce iv e d
u n til M ay 4, 1897, b y th e C ity o f M o u ltrie fo r th e p u r ch a s e o f
$5,000 o f e c o o o l b o n d s . T h e s e c u r it ie s w i l b e a r in te re st at
th e rate o f 6 p e r c e n t , a n d th e p r in c ip a l w ill m a tu r e in
t w e n t y y e a r s fr o m d a te o f issu e.
N ew B r u n s w i c k , N. i . —B o n d S a le .— I t is r e p o r te d th at
b o n d s o f this c it y to th e a m o u n t o f $151,000 h a v e b e e n tak en
b y th e N e w B r u n s w ic k S a v in g s I n s tit u t io n a t p a r.

675

N ew R o c h e lle . N. V.— B on d s P ro p o sed .— A bill a u th orizin g
the v illa ge o f N ew R o ch e lle to issue sew er bon ds to th e
am oun t o f $260,000 has passed the A ssem bly.
N ew Y ork f i t y , N. V.— B on d N ew s.— The bill au th orizin g
N ew Y o rk C ity to issue $2,500,000 of bonds fo r the erection o f
fo u r h igh sch ools has passed the A ssem bly.
N orth H em p stea d , N. Y .— B on d Sale.— The $56,000 o f 4
per cen t road bonds offered b y N orth H em pstead on March
29, 1897, have been aw a rd ed to B ertron & Storrs, o f N ew
Y o rk C ity, at 101-57. O ther bids received w ere as fo llo w s :
C. H. White A Co., New Y ork, N. Y .................................................. 101-500
Street. W> kes A Co., N ew Y ork, N. Y ............................................. 101-479
The Lam precht Bros. Co., Cleveland, O .......................................... 101-450
Seymour Bros., New Y ork, N. Y ......................................................... 101-428
E. D. Shepard A Co., New York, N. Y ............................................... 101-250
Edw. C. Jones Co., New Y ork, N. Y ................................................. 1 0 1 0 2 0
Roslyn Savings Bank. R oslyn, N. Y .................................................100-900
8. A. Kean, Chicago, 111........................................................................100-C00

Interest on the securities is payable sem i-an n u a lly on th e
first days o f J a n u a ry a o d J u ly at the office o f the T ow n
Clerk. T w en ty-n in e th ou san d dollars o f th e prin cip al w ill
m ature at the rate o f $1,000 ann ually fro m J u ly l, 1897, to
J u ly 1, 1925, in clu sive, and the rem ainder ou J u ly 1, 1928,
N o r w o o d , O h io .— B on d S ale.— The fo llo w in g bids w ere rec e iv -d on March 28, 1897, by VV. E. W ich ga r, V illa g e Clerk,
for $5,000 o f 5 per cen t w a ter-w ork s bonds o f the villa ge :
Premium.
C. M Tbureaner, Cincinnati, Ohio.................................................... $436-00
Central Trust Co , Cincinnati, O hio.................................. ................ 226-50
Western German Batik, Cincinnati, Ohio ..................................
206 5 0
Rudolph Kleybolte A Co., Cincinnati, Ohio........................ .......... 1 0 1 0 0
Atlas National Bank, Cincinnati, Ohio........................................... 50-00
8easongood A Mayer, Cincinnati, O h io ...................... ................... 13-00

The loan w as aw a rded to C. M. Thurnauer. The securities
are dated M arch 1,1897 ; in terest is payable sem i-an n ua lly,
and the prin cip al w ill m ature M arch 1, 1917. The d en om in a ­
tion o f the bonds is $500.
P a le s tin e , T e x a s .—B on d E lectio n .— A n election w ill soon
be held in P alestine to vote on the question o f issuing bon d s
to the am oun t o f $ 1 0 0 ,0 0 0 for the con stru ction o f w ater w orks.
P ic k a w a y C ou n ty, O h io .— B on d Sale.— It is reported that
P ick aw ay C ou n ty has sold $10,500 o f bonds at 105 238.
P o r t H u ron , M ich .— Bond Sale — O a M arch 27, 1897, th is
c ity sold $3,500 o f p u blic b u ildin g bonds to Joh n W . P orter,
cashier o f the C om m ercia l B ink o f P »rt H u ron , at par and
accru ed interest
T h e securities are dated Ja nu a ry 1, 1897 ;
they will bear interest at the rate o f 4 per c e a t, and the prin­
cip a l w ill m ature Ja nu a ry 1, 1906.
(Jneens C ou n ty, N. Y.— B on d S a l e — On M arch 20,1897, the
$ 6 8,000 o f 4 per cent g o ld road bonds o f Q ueens C ou n ty w ere
aw arded to T be Lam precht. Bros. Co. o f C leveland , O hio, w h o
bid as follow s- F or Series H , $50,000, 106-03; Series I, $60,000,
107-02; Series K . $ 4 5 , 0 0 0 , ]07 21; Series L. 815,000, 107-66;
Series M, $17,000, 107 02; Series N , $70,000. 107-41; Series O,
$7,000, 106-63; Series P . $75 000, 106-83; Series Q, $37,000,
106-93; Series R , $i0,000, 107-41; Series S, $60,0o0, 106-63;
Series T. $55,000, 107-21; Series U , $17,000, 107-03; Series V ,
$50,000, 107-66.
T h e other bids received w ere:
Bertron A Storrs. New Y ork. V. Y ................$G1S.OOO
Farson Leach A Co., New York, N. Y .......... 618,000
Rudolph Kleybolte A Co.. Cincinnati. Ohio 618,000
Blake Bros. A Co , Kountze Bros, and R. L.
Day A Co.. New York, N. V .......................... 618,000
Kings County Trust Co., Brooklyn. N. Y . . . 110,000
C. H. White A Co., New York, N. Y ............. 618,000
Edw. O. Jon s Co., New York, N. Y .............. 613,000
Walton Stanton A Co., New York, N. Y ....... 618,000
Geo. M. Hahn. New York. N. Y .................... 613,000
Damel A. Moran A Co.. New York, N. Y . . . 200,000

108-65
106 51
106-32-106-45
106-43
106-329
105-45
10511
104-79
100-57-103-47
101-00

T oe den om in ation o f th e securities is $500; interest is p a y ­
able
750 sem i-an n ually on the first days o f April and O ctober at
500 office o f the C unty Treasurer, and the principal w ill m a ­
the
ture A p til 1, 1917.
(Jn ln ry, I I I — B o n d S a le .-O a M arch 31, 1897, the $314,000
o f 4 *>2 iHre<’ nt refu n d in g bonds o f this c ity w ere aw a rd ed
to the First N aiional B tn k o f C h icago, III , at a prem iu m o f
$1,050. The other bids received w e r t;
Prem iuvn.
Dnke M. Farson, Chloaeo, 111..... ......................................... .........$950 00
Rfcker Naiional Bank. QniDcy. Ill................................................... 800 00
N. W. Harrris A Co., Chicago, III..................................................... 518 10
Whitaker A Hodgman anti A. G. Edwards A Sons,St.L ouis,M o.. 415 00
F a rson , L each A Co , C h io a g o , 111 ____: ..............................................

Mason, Lewis A Co., Cliioago, III....................................................

10119

Par.

T be securities are dated J u ly 1, 1897, interest is payable
annually on J u ly 1 at the office o f the State Treasurer in
Springfield, 111,, or at his fiscal a gen cy in the C ity o f N ew
Y o rk ; $300,000 o f the bonds w ill m ature at the rate o f $50,000
per annum from J u ly 1, 1911, to Ju ly 1, 1916. in clusive, an d
the rem ainder, $14,000, w ill be du e J u ly 1, 1917,
T be bonds are issued to refu n d $314,000 o f the $372,800 o f 6
p<r cent bonds o f the city m atu rin g J u ly 1, 1897, the re­
m ainder o f the loan to be paid off. The sum o f $50,000 is paid
annually tow ards a sin kin g fu n d to retire the outstan din g
bonds o f the city , and tb e total indebtedness n o w am ounts to
$1,344,200, h aving been redu ced $578 431 since 1881. The as­
sessm ent o f taxable property in 1896 was $5,153,242; tbe actu al
value is estim ated at ab ou t $35,000,000. The popu lation o f
the city in 1890 w as 31,494 and is n ow estim ated at 45,000.
R ic h m o n d H ill, N. V.— B on d E lectio n .— On A p r il 7, 1897,
a proposition to issue $ 2 2 0 ,0 0 0 o f street-im provem en t bon ds
w ill be pu t to a vote o f th e people o f this village.

TH E

876

('H R O N L O L E .

Tcnn - f t e rf< Praposetl. —Tttfe municipality
I t0j » - to i-.-u- $t5,«vw or bond* for the eonatruotion of
watt r-w> tt*, and et bill authorizing the issuance of the bonds
ha* been jvuwt d by the A-*<’ mt>ly.
Saginaw, v t i r h P r o p o s t l s will be re­
ceived untd oVS-.te- r. m „ A pril8, 13)7.by Arthur F. Lewis,
City Cominrolh-i, for the purchase of $30,000 of 4 per cent
water refunding hoods. The securities will be of the deu. aiuiai: » uf SX.tKSO each, dated April 15, 1897; interest
will Ik' parable m mi annually at the Chemical National
Bank of New York City and the principal will mature
April id. It"
The total bonded indebtedness of the
Cttv c; Sac in a"’ , it,eluding Ibis issue, is $1,241,250; sinking
fund. £44,but); net debt, $1,197,25). Included in this total
debt there are water bonds to the amount o f $539,000 and
ns'.-^-nu'Bt bonus, paid for by special assessments on the
property benefited, to the amount o f $377,280 rhe as teased
valuation for ! mu’, was: real tw'nt*, $13,024,67.3; personal
property. *.\713,S'.»5: total, $15,781,070. Tne population at
the present uni t is estimated at about 51,000.
Sharon, bass .— Hnnd O ffering .—Proposals will be received
until 12 o'clock no.... April 5. 1897. by Sanford Waters Bil­
ling-, Town Treasurer, for the purchase of $10,000 of 4 per
cent water bonds. The securities will be of the denomina­
tion of $1,000 each, dated October 1, 1890; interest will be
payabie stini rinnually on the first days of April and October,
and the principal » ill mature at the rate of $1,000 per annum
from 1917 to 1920, inclusive, both principal and interest being
payable at the Nau «ml Exchange Bank of Boston, Mass.
Springfield, Ohio.— B on d Sal*. —On March 30, 1897, the
BxuJ ■f Kjucation awarded $$$,000 o f 5 per cent 12 to 13
year ho:; da io Rudolph Kleyboite & Co. of Cincinnati, Ohio,
at :i pr, uiium of $2,330. These securities were sold recently to
a R - .in firm, who refused to accept them.
Sunhary, Pa .—B on d News —The $15,000 of 4 per cent
bords were sold by the School Board and not by the borough
f Sunbnry, as reported last week. The loan is issued for the
purpose of « reeling a new central high-school building, and
will mature in ten years from date of issue.
Terre Haute, Ind .— Bond Sale .—The $19,539 95 of 6 per
cent 1 to Hf-year street-improvement bonds of Terre Haute
have teen awarded to Dietz, Denison & Prior, of Cleveland,
Ohio, at a premium of $200 and accrued interest from January
1. lh>7. Ikese seenriti-s were first awarded to S-asonvood &
Mayer, of Cincinnati, Ohio, but they were not accepted, that
firm da; c eg s cue technical illegality in the issuance of the
bonds.
Tiffin. Ohio,— Bond Sale. —Street-improvement bond* of
tbi* city ».t the amount of $15,000 have been awarded to
Bitd*«i|>b Kiev bolt* & C o., of Oiuoion&ti, Ohio, at a premium
o f $480 $0,
Turtle Creek, I’ d. —Bond S ilc - I t is reported that Tur41" C
k I. v> di p ix-d of $33,000 of 4K', per cent school bonds
at m 3 H .
Washington, Pa. — Bunds P rop osed ,—The borough of Wasfll*
iugfon proposes to l-*ue paving bands to the amount of
$60,0)0.
Watertown, Mass .— Tem p •r u n Loan —O t March 27,1897,
the t Slowing bid* w,-re received t>y the city of Watertown
t,<>? tii- di.-cotia*of ¥ 20.910 of six m jntbs’ notes;
BfeMer—

l ‘rr cent.
.......... ............................S‘34
....3 -4 !

r .B Mirndy A r.> ..............

$ A. t’ToH'-kvtr.
MAistff *,
A iTilisaa,- ..*
8* T,
*.rft...........
..........

............»-45

B U I:mli ro & r « __
M* W.■U-•;I?i»* Sc |o b . . . . . . . . . . .

....... 3-47

----- 3-44
.........3-60
........ 3-87S!

& Ct*.........

Jm , W.

V&itiRdl
f. Tniit Co....
t h i loan wn-2 awarded to P. S, Moiely & Co.

4) bitf-aionf. V T.— B on d E tca tion .—An election will soon
Re ht if) io the village of Whitestone to vote on the proposition
4° "
bonds t<> tin- amount of $50,000 for the purpose of
tn.ii ,i iMrr.zsng the >!-<‘«t«. These bonds are additional to
th«-« voted last fall for the same purpose,
w i mart N. V, --B o n d Sale -O n March 1, 1897, the town of
' ' ffinurt « dd $5,000 of bridge bonds at a premium of $125.
m Worcester,
B on d Sale —1
The city of Worcester has
wild $K*,t,0bO of registered sewer bonds to N. W. Harris &
C-. ,,f Bo*t«n. Mu--., at 108-53, Ten other bids were re­
ceived, as follows;
K I
4 Cn,- fbis’fiii, Mr*,........ .............. ..........
100-Sfla
Viiibir A
............................... ..... _ 103-337

ftu * ,7

-i- .

J; fj IPillin* A-

"

M

tfn.lnn,Mss*........
Uii oti,

i

l

,

1 OS) 3 0 0

..................... ]09-090
..... ... ........ . 10S-HS7
MXimtmi A I>* Wi %. \s>
‘ M“-*
- -..............‘.V, 108nsr
1-7’ 3
If -• Hi-Ui- •-V<r. ...........
1 0 S.MA
3 w. i, f i ei t f . . - * 1„ . Ponton. M l ..............*' 081-570
-59?
.......
.......... 108-525
tin- securities last interest at the rate of 4 percent and the
principal will mature io nineteen years from date of issue.
Teadon, Pa.—Bn> f O ffering ,—Proposals will be received
nrittl Apnl 0, 1*97, b, W. F Read, Jr., Chairman of the
1 uian.-e i ommlttee fid Chrstnut Street, Philadelphia. Pa
for she pornbaee of 810,5000 of newer bonds. The securitir’s
will bear mti-re-n at the rate of 4} { per cent and mature in
ten, twenty and thirty years from date of issue.

[V cl . L X I v .

ST A T E AND CITY DEBT CHANGES.
N«tt fo r k C ity.—W illiam: L, S trong , Mayor; A shbel P.
P i t c h , Comptroller, Below we furnish a very comprehensive
report of the tinances of New Y o rk City, brought down by
means of official data to the first of the current year. The
statement is complete In every particular and gives a fuller
and clearer presentation of all the details regarding debt, as­
sessed values, expenditures, taxes, etc., etc., than can be found
anywhere else. Tbe facts will be found particularly useful
and interesting just now, owing to the proposed consolidation
of New York City, Brooklyn and neighboring territory into
one municipalitv,
TUe consolidation ot New York City and New York County took place
In the year 1S73 and tlio city than assumed the county debt. In the
follovrtne statement loans wholly in tho sinking fund ore distinguished
by s. r. prefixed to the amount outstanding. Loans exempt from taxa­
tion have a paragraph mark (If) added to the title of the Joan. The
etters a, b, r, d and e prefixed to the amount outstanding refer to
the security which the loans have by reason of sinking fundi, as fully
explained in the foot notes to the table.
L O A N S—
NAME AND PURPOSE.

*— Interest, — ,
lta tc. P a y a b le.

------------- Principal,------------ .
W hen D ue.

O iilstand'o.

Armory bonds.............. 11 3 M »t X Aug, 15,1901 c$2OO,O0O
do
<-311,700
do ................ 3 M & N Nov. 1, 1907
Of this $91,500 is In the sinking fund
do
do ..............f 3
M& N
Nov. 1, 1909
<*442,000
do
do ............. H2>a&3 M & N
Nov. 1, 1907 <- e.r.264,531
M & N Nov. 1, 1910 c s. 1.729,767
do
do
3
3
M & N Nov. 1, 1910 s.l',348,700
do
do
do • do 1895.
Nov. 1,10 4 «. 270,500
3 « M A- N
Assessment bonds.
2>n M ,fe N
Nov 1, ’07-99 s.f.573,000
M
&
N
do
do
3*2'
Nov. 1, 1899
250,000
do
do
3
tf ,t N Nov. 1, ’99 ’00
a.£4,395
3 M& N
do
do
On or after'93 s.f.750,000
do
3 M *. N
do
do do '88 *.£75,000
do
do
3 yc 4; N
do do '90
30,000
do
Nov. 1. 1899
do
.............3 M & N
2,050,000
Of tills $1,800,000 is in the sinking fund.
do
do 1895........ 3g M & N
1399
k .250,000
do 1S95........ Sg M A N
do
1901
g .200,000
do
do 1895........ 3
M i N On or after ’95 s.f.740.500
do
do 1895........ 3 M & N
do do '97
*.£.54,940
do
do 1895........ 3
M& N
1897-1899
350,000
Of this $100,000 is in the sinking fund.
Assessment fluid stock... 7 M & XT Nov. 1, 1903
336,600
do
do
............ (i M & N Nov. 1, 1903 *.£.156,100
do
do
............ (i M & N Nov. 1. 1910
900,450
Of tills $361,850 is in tile sinking fund.
do
do
............ 5 M & N Nov. 1. 1903
*.£.500
Bridge Bonds and Consolidated Stock
E a« River Bridge 1395.. 3 M 4 N
1920
s.f.60,069
do
do
1896.. 3ifigM & N
1917 g
s.100.000
do
do
1890.. fiiegjf & N
1918 g
300,000
Harlem B.Br. (consol, st.) 3 M & N
Nov. 1, 1906 c *.£.50,000
do
dnft-.s.) 1887., 3
& N Nov.
...... 1.1907
,, . ,
vc *.1,250,OOf
$350,000 is in the s'k’g f’d and $900,000 is tax free,
do
do (eon. st,>.
3 M & N Nov. 1, 1908 <-1.150,000
$800,000 Is in the e’k’g f’d and $850,000 is tax free.
do
3
do (consol, st..)
M&N
1910
<■*.£.16,650
do
M& N
do (consol, st.) 3
1911
<•*.£.89,503
do
do (consol. B(.) 3
M AN
<1 s.£.00,078
1912
do . . . __ ..... 3 M .V- N
do
1913
<*, *.£.17,175
do
do ........... .
3
M& N
1914
<* * £.30,000
do
do (155th st.). 3
St & N Nov. 1, 1916 1■*. f. 170.000
do
do (Wash.Br.) 3
M A N Nov. 1, 1914.
* £.45,590
do
do (Wash.Br.i 3
M & N Nov. 1,1915
*.£.18,500
do
do (155 8t.br.) 3 M & S
Nov .1, 1916 *.£.370,000
do
do (7lhav.hr.) 3 M & N Nov. 1, 1916
*.£,1,218
do (3d av. br.) 3 M & N Nov. 1. 1914
do
s.£.70,000
do
do (3d av. hr.) 3 SI & X
Nov. 1,1915
*.£.67.000
do
MA N
do
1896.. 3
s .f 15,000
1935
do
1896. 3HigJl & N
do
1916
g.650,000
1916
do
do (lstftv.br.) ..................
3 M&N
......
*.£.30,000
1920
do
do (eon. st.) 11. 2*2 51 & N
<.- 178,300
Nov. 1 ,1 9 1 0
.....
do (oousol. St.) 21s M & N Nov. 1, 1909 <'.*,£.385,100
do
do
do (eonsol. st.) 2 hi M & N
1910
<•*.£.14,500
do
d<> (for land).. 3 M & N
<• * 1 182,291
1916
do
(ship canal 1.. 3 SI & N
<• * £ 48,000
1914
d o ............... 3
do
M & N Nov. 1, 1914 *.£.267.000
do
d o ............... 3 M A N Nov. 1,1915
* .(.2 7 ,0 0 0
do
do 1895...... 3
sr A n
1915
*.£56,884
do
do 1895..... 3 M A N
1916
*. £.77.388
do
do 1 8 9 5 ........ 3g SI A N
1920
S.854,181
do 1895... 3
do
SI A N
1920
*.£.20,000
N. Y . and Brook. Bi-idgo. 6
MA N Nov. 1, 1905
1,500,000

O f tliis $1,252,000 is in the sinking fund,
do
5
Q—F
M ay 1, 1926
500,000
Subject to call on or after Nov. 1 ,1 9 0 0
do
consol, stk. 5
CJ—F
M ay 1, 1926
<-921,900
Subject to Call on or a fter Nov. 1.1900
$421,900 bein g in tile sinking fund.
do
M AN
1903-1928 c *.£.300,000
do
M & N
1903-1928 c *.£.450,000
do
M & N
1905-1928 <■ «.£.416,666
(cons, stk.)
do
M <& N
N ov. 1. 1922 c *.£.330,000
do
M & X
1923
< -*.£100.000
M A- N
1025
*.£.120,000
do
M & N
1926
30,000
1896..
do
Q—F
July 1, 1898
a275,0ti0
Central Park fund s to ck ...
u —I
Ju ly 1, 1898
-----------do
do
a399,300
Of tills $411.500 is In sinking fund.
City im provem ent stock
do
(allin sink. fund). 5 & 0 M & N
*.£.13.616
-------- 1900
1916
do
do 1895. 3 g M & N
g .778,772
City Parks Im provem ent Fund S t o c k M & N
Hoc. 23, 1901
Issue o f 1872.................... 7
200,000
Sept. 3, 1902
<10 1872-73 .............. 7
M & N
465.000
July 1, 1903
do 1873................... 7
M ft N
440.000
do 1871-72.............. 0
M & N
,Dec.
. « u. 23. 1901
1,638,000
O f tills $1,371,500 is in the sinking fund,
do (consol, stock ).. 6 g J & J
Jan. 1, 1902
862,000
do (part, consol.)__ 0
M & N Sept. 3, 1902 s.f.6 8 5 ,0 0 0
do 1873-74............. 0
M & N ' July
1, 1003
804,000
O f this $704,000 is in the sinking fund,
do 1875-76.............. 6
M & X
July 1, 1904
225,000
Of this $125,000 is in tins sinking fund.
M <fe N July 1, 1904 s.r.3 3 6 ,0 0 0
do 1877-80............. 5
Consolidated Stock—Citydo gold ........................... G g J & J
Ju ly 1, 1801
4,252,500
do “ G.” ............................ 5
M AN
Nov. 1, 1897
200,000
Of this $ 1 69,000 is tri the sinking fund.
do

Ar.IL 3, l«b7.j

THE CHRONICLE

677

-P r in c ip a l.LO A N S—
— I n t e r e s t .— ^
'— I n t e r e s t .— ■. /----------- P r i n c i p a l ,---------W h en D u e. O u ts ta n d in g
R a te . P a y a b le .
P. C t. P a y a b l e . W h e n D u e . O u ts ta n d 'g . NAME AND p u r p o s e .
Court H ouse Bonds and S tock —(Con.) •
Consolidated Stock City— (Con.)
P olice and Dist. courts,
3
M &N
Nov. 1, 1912 c s .f.$ 7 5 ,000
do No. 2, g old ................. 5 g M & N
N ov. 1, 1928 1>$6,900,000
3
M &N
1913
c s. f 39,188
do
do
Subject to call on and after N ov. 1, 1908.
do
do
3
M
&
N
1916
c 8 .f. 54,549
Nov.
1,
1899
c
8X
689,735
do “ L and M” ................. 4 & 5 M & N
Nov. 1 ,1 9 1 6
do
do
3
M &N
' s . 1. 19,088
N ov. 1, 1910 b 2 ,800,000
do No. 2 ......................... 11 4
M & N
3 *2g M & N
1916
1922
7,000,000
do
do
199.000
do 1896-97...................... 3 ^ g M & N
7 ~M & N
Nov. 1, 1901
July 1, 1901
8,885,500 Dock bonds...............
500.000
County, g o ld ..................... 6 g J & J
7
M
&
N
Nov.
1,
1902
do
...............
750.000
Nov.
1,
1907
s
.
l
.
68,925
Depression RR. tra ck s.. 3
M & N
do
........................... 7
M &N
Nov. 1, 1904
348,800
1900
85,000
do
do
.. 3Lj M & N
(consol, st’k ).. 6g. J & J
July 1, 1901
do
1.000,000
1911
do
do
.. 3 x2 M & N
c.g .3 0 0 ,0 0 0
do
Nov. 1, 1912
.......................
6
31 & N
Nov. 1, 1905
1,065,200
142,000
Inapt-. Castle G arden....... 3
M & N
Of
this
$321,200
is
in
the
siuking
fund.
N
ov.
1,
1912
s
.
f
.
8
8,000
do
do ......... 3
M &N
do
........................... 6
31 & N
1902 to 1906 s . f . $ l , 376,000
1912
g.70,000
do
do 1895. 3 g M & N
do
........................... 5
31 & N
Nov. 1, 1909
c 500,000
N ov. 1. 1929 e9;822,100
New parks, etc.,....... ~1[- 2 ^ M & N
Of this $300,000 is in the sinking fund.
Subject to call on or after N ov. 1, 1909.
do
........................... 5
M & N
Nov. 1, 1908
$541,200
$465,100 being in the sinking fund.
31 & ”N
Of this $372,000 is in sinking fund and $225,000 payable from “ c .”
----Nov. 1, 1909 cs.f.1 05,0 00
~
R ep av in g .
.......... ..11" 3
M & N
N ov. 1, 1910 cl,000,0OO D ock bonds.......................... 5 " 31 & N
1906 to 1911 s , f .$ l ,449,800
do
..............1i 3
31 & N
N ov. 1, 1 9 11c s.1.1000000
Of this $711,000 is p ayable from “ c .”
3
do
do
M & N
Nov. 1, 1 9 1 3 c js. 1. 1500000
....... 4
31 & N
i9 1 1 to 1914 s.f.2,747,000
3
do
do
Nov. 1, 1913
<*500 000
....IT 3Lj 31 & N
Nov. 1, 1915 c 1,150,000
M & N
do
.............. 11 3
do
31 & N
N ov. 1, 1916
500,000
------ 3*2 M & N
Nov. 1. 1924
50.000
3
do
do
31 & n
; ov.1,1905 to ’23 s.f.1 6 2 ,3 0 8
M
NN
3
........ 3*2g M & X
1926
1,000,000
do
do
31 & N
----------1912
8X 45,000
3
31 & N Nov. 1, 1914
c625 ,000
.......1895 3
do
Of this $270,000 is in the sinking fund and $355,000 tax exem pt.
1920
g.935,000
do
3 g 31 & N
31 & N
1920
s. f. 5,000 D ock b o n d s ........................IT 3
31 & N
Nov. 1 ,1 9 1 6
c$500,000
........ 1895 3
do
do
1915
g .475,000
...11 3
M &N
Nov. 1, 1917
c500 ,000
........1896 J io g M & N
do
do
...IT 3
31 & N
Nov. 1, 1918 c l , 000,000
.........1896 3*2g M & N
1917
700,000
do
31 & N
1920
s , f. 6,000
Of this $500,000 is in the sinking fund.
........ 1896 3
do
do
N ov. 1, 1909 c.s.f.8 9 5 ,000
...1[ 3
31 & N
Nov. 1, 1919 c l , 000,000
do
2*2 31 & N
do
...IT 3
31 & N
Nov. 1, 1920 c l , 050,000
N ov. 1, 1915 c. 8.1.800,000
A m .M useum N at. Hist*y.2 La&3 31 & N
do
31 & N
1920
c 8 f . 65,000
...IT 3
31 & N
Nov. 1, 1921 c l , 700,000
3
do
do
31 & N
Nov. 1, 1920 s.i.2 5 5 ,103
Of this $450,000 is in the sinking fund.
3
do
do
1920
8 . 1.42,000
do
31 & N
31 & N
Nov. 1, 1922 cs.f.2 1 3 0 0 0 0
do 1895 3
do
■IT 3
do
31 & N
1920
g .475,000
Nov. 1, 1922
do 1895 ■ i s 31 & N
c20,0 00
do
11 3
do
31 & N
do ....... 3^2 g 31 & N
N ov. 1, 1917
250,000
Nov. 1, 1923 C 8 .f . 1660000
do
11 3
3
31
&
N
31 & N
do
Nov.
1,
1923
1920
8 f . 7,000
C865.000
do
do 1896 3
.11
M .t N
1914
g .124,500
do
Nov. 1, 1924c s.f.9 1 5 ,0 0 0
Corlears H ook Park, 1895 ■ i s 31 & N
.11 3
51 A N
1912
8. f. 1,000
do
1924
C725.000
1895 3
M & N
do
.11 3
do
31 & N
3
M &N
1913
8 .f .4 5 ,5 0 0
do
Nov. 1, 1924
1,060,000
1896 3
do
do
Of
this
$660,000
is
in
the
sinking
fund.
1914
8.1.47,000
College o f N .Y.City, 1895 3 g M & N
1914
g.45,650
do
............ ..1 895. 3g. M & N
do
do
1896 3*2gM & N
1925
x . 1,160,000
1915
31 & N
do
............ ..1 895. 3
s.f.300,000
do
do
158,600
1925
......... 3*2gM & N
N ov. 1, 1907
M&N
do
............
1927
E ast R iver P ark.............. 3
8.1.7,000
3 1 5 R .......
K.2 ,0 0 0 .0 0 0
N
ov.
1,
1911
do
............
M & N
1919 & 1920 c s.1.450,0 0 0
8.1.577,118
do
.......... If 2-9 M & N
N ov. 1, 1907
31 & N
8.1.3,500
6
Nov. 1, 1899 8.1.521,952
2*2 M & N
Fire department.
do
N ov. 1, 1911
8 X 3 5 000
Market stuck.......
M & N
7
M ay 1, 1897
40,000
do
3M & N
1911
M &N
do
.......
8.1.10,000
6
M & N
do
...1 8 9 5 3
M ay 1, 1897 s . 1,181,000
1914-1915
g . 108,015
Museum Art, etc.
Var. M & N
M ay 1, 1903 8.1.958,000
Fire D ep a rtm e n t...1895 3 g M & N
1914-1915
8.1.150.000
do
do
.189311 3
1913
do
do
...1 8 9 5 3 g M & N
10,000
1925
g .50,000
School hse. bonds f
Nov, 1, 1912
542,553
M &N
do
H ydrant....... 1895 3 g
1 3-2 31 & N
g 50,000
do
bonds
M & N
do
do
...1 8 9 6 3*2gM & N
1925
113
Nov. 1, 1897
c958,000
1907 to 1909 c s.f.503,715
Of this $8,000 is in the sinking fund.
G ansevoort M arket....... 3
M &N
do
bonds
1919
8. f. 2,000
1T3 i-l
M IV
& N
XT
i’
Nov.
lM . A,
1, 1908
A( J O c 3 ,1 5 1,162
Kingsbridge road, 1896 3
M &N
1905 to 1913 c 8 X 862 ,000
Of this $2,256 is in the sinking fund,
M etropolitan M u seu m ...2 !2&3 M & N
N ov. 1. 1912
8 X 40,0 »0
do bonds
3
M& N
Nov. 1, 1908
c449,806
do
do
... 3
M & N
Nov. 1, 1913 8.1.100,000
Of this $22,767 is in the sinking fund.
do
do
. .. 3
M&N
1916
g . 200,000
do
bonds
1T3
31
&
N
Nov.
1,
1911
c2
,234,078
do
do 1896 3C2g M & N
§ 2cq
a
N ov. 1, 1907 C8X.431.500
Of this $1,336,872 is in the sinking fund.
Morningside p ark .......... 2 1s&3 M & N
do
bonds
N ov., 1912
3
31 & N
Nov. 1, 1913
754,560
Mosholu P arkw ay.......... 3
M & N
8.1.4,000
1920
g. 100,000
2*2 31 & N
1897-1908 c s .f.1 2 2 ,0 3 7
M ulberry Bend Pk., 1895 3 g M & N
Of this $42,000 is tax exem pt.
1924
do
do
1895 3 g M & N
g . 1,584,511
do sanit. impr. I
M & X
1917
I 3
M & N
Nov. 1. 1914
P ublic Park 12tli Ward
42.000
8X.29.994
do ........................1895. 3
p.r.35,682
do
do
M & N
1921
1911
27.000
31 & N
M& N
N ov. 1, 1919 8X 090,000
do ........................1895. 3g. 31 & N
Parks and parkw ays.,
1911
j.899,844
Nov. 1, 1912
8. f. 1,000
M & X
Of this $9 6o is in the sinking fund.
do
do
do *.......
1,370,421
do
M & N
Nov. 1, 1913
1896. 3>2g 31 & N
do
1911
s 2,893,960
do .......
do
M & X
N ov. 1. 1912
5.000
do
1896. 3 g 31 & N
1914
K .s.f.77,621
g .260,700 8oldiers’ B ounty Fund:—
do
do 1895 3 g M & N
1914
do
do 1895 3 g M & N
1925
g . 310.000
No. 3 o f 1865___
M & N
7
N ov. 1, 1897
193,200
do
do 1896 2 h M & N
8X 12.000
1929
g. 123,000 Water Stock and Bonds—
do
do 1896 3 ^ g 3 I & N
1917
31
&
N
Add’
ICroton
Water
Stock
4
1899
C8.1. 2.230,000
h
"3
m & n
8X.43.074
Pub. Park St. NicholasU Av.
N ov. 1. 1911
do
31 & N
do
Nov. 1, 1899
c500,000
u 3
M & N
1914
*X. 10,000
do
do
1896 3
31 & N
do
do
3
Nov. 1, 1899 c s.1.259,000
8X 4.0 00
M &N
1917
do
do 1896 3
no
do
31
&
N
Nov.
1,
1901
d
8
.1.2395000
3
8
X
5
,0
0
0
do
do 1896 3
M & N
1921
do
31 & N
Nov. 1, 1901 8.1.200,000
do
3
g. 554,565
do
do 1896 JL jgM & N
1916
do
M & N
do
3
Nov. 1. 1905 8.1.37,000
do
do
g .295,000
3*2g M & N
1917-1918
M & N
do
do
3
1905
».f.245 ,000
g .60.549
1925
P olice Department, 1895 3 g M & N
do
M
&
N
do
1895.
3
1912
s.f.1,008,000
1916
g . 100,000
do
do
1896 ^ g M & N
do
do 1895. 3 s . 31 & N
1914
g.59 1,50 0
8X 5 ,0 0 0
1914
31 & N
Public bu ilding....... 1895 ”
do
do 1896. 3 *2 KM & N
1911
ar.oeo.ooo
do
do
1914
g. 60,000
.1895 3 g M & N
do
do
N ov. 1. 1904 d s. f.300.000
2*2 M & N
do
do
8X 3 ,3 0 0
....... 1895 3
M & N
1912
8X 15,000
Additional new croton
do
do
....... 1895 3
31 & N
1916
g . 199,000
do
do
M &N
1920
a cju ed u ct stock .......... 7
.1895 3 g M & N
Aug. 1, 1900 a l , 004,500
P ublic drivew ay.............. 3 ' M & N
do
M & N
Nov. 1, 1918 8.f. 620,000
do
6
A uk. 1, 1900
a2 69,800
do
31 & N
g. 800,900
do
do
. . . . 1895 3 g M & N
do
5
A ug. 1, 1900
a57,000
1920
g 250,0- 0
do
do
....1 8 9 6 S^agM & N
Additional water stock. IT 3*2 A & O
Oct. 1, 1933
300,000
1910
8X.28.425
Biker’ s Islan d .................. 3
M & N
N ov. 1, 1913
Subject to call ou and after Oct. 1,1 913 .
1907
8X.78.000
Riverside Park & Drive. 3
M&N
Nov. 1 ------do
do
..........IT 3*2 A & O Oct. 1, 1904 d l , 500,000
8X 8,5 00
do
do ............... 3
M&N
do
Nov. 1, 1912
..........IT 3
A & O Oct. 1, 1933
145,000
do
do
g.380,000
do .......1895 3 g M & N
1914
Subject to call on and after Oct. 1,1 913 .
do
8X 10,000
do .......1895 3
M &N
1914
$45,000 being in the sinking fund.
do
do ......... 1896
8X 9,0 00
do
do
M &N
1914
..........IT 3
A & O Oct. 1, 1904 d 6 ,000,000
g .200,000
do
do ......... 1896 3*2 g M & N
1 12
Of this $1,000,000 is in the sinking fund.
do
Rutgers Slip park. 1893 . 3
M & N
Nov. 1, 1911 c 8.1.20,000
....IT 3
A & O
Oct. 1, 1905 d 5 ,000,000
do
Sedgwick & Ogden A ves. 3
M&N
do
do
Nov. 1. 1916
8X.57.000
___1T 3
A & O Oct. 1, 1907 d l 2 ,550,000
g. -------------1,377,000
State Insane ta x ...1 896 3 Lag 31 & N
Of this $4,350,000 is in the sinking fund.
1915
8X 48,575
do
Street Cleaning D e p .,’95 3
M &N
do
1913
.......IT 3
A & O Oct. 1, 1912 d l ,250,000
do
do
’95 3 g M & N
g .50,000
1914
Of this $1,000,000 is in the sinking fund.
do
8.1.3,950
do
3
M
&N
1912
d 8 X 9 5 ,0 0 0
do
,u6 3
M & N
1914
do
....IT
do
g .83,000
3
A & O
Oct. 1, 1912 8.f. 1,000,000
do
’96 3 Lag 31 & N
1912
do
do
Van Cortland t P ark....... 3
31 & N
3
M &N
Nov. 1, 1912 8 X 248 ,000
do
Nov. 1, 1909 ».r. 108,000
do
do
....... 3
do
31 & N
1912
s.f. 1,069,500
19,000
do
1896 3
M & N
1909
do
Wash. Bridge P ark .1895 3
31 & N
do
M&N
1912
8X.325,000
8.1.16,778
do
1896 3
1915
do
1920
g. 640,000
do
do
.1895 3 g M & N
1912
g.175,000
do
1896 3 Ljg M & N
do
8.120,000
do
.1896 3
18&6 3*2g M & N
do
do
1915
ff.3,03 0,500
M & N
1915
do
Ward’ s Island (purchase) 3
31 & N
1913
<•672,409
Oct. 1,1907 d s X .9 5 0 ,000
do
----IT 2*2 A & O
do
do (buildings) 3
c 8.1.160,000
6
Q—F
Aug. 1, 1907
a20,000
M & N
1902
C roton R eservoir...
do
do ................... 3
31 & N
7
31 & N
Nov. 1, 1900
2,228,000
N ov. 1, 1902 8.1.262,500
Croton water main
do
do ................... 3
31 & N
8.1.147,359
Of
this
$44,000
is
in
the
sinking
fund.
Nov. 1. 1913
do
do ................... 3
M & N
8.1.67,500
.6
M &N
Nov. 1, 1900
1,256,000
1902
do
do
8.1.6,500
do
dn ..........1896 3
M & N
1902
O f this $972,000 is in the sinking fund.
Other small loans............ 2L>&3 31 & N
do
.. 5
M & S
Nov. 1, 1900 8. f . 248,000
1896 to 1923 c *.f.413.775
do
Court n ou so Bonds and StocK :
do
.. 5
M & N
Nov. 1, 1906
1.449,000
do
Criminal Court House.IT 3
M &N
Of this $1,276,000 is iu the sinking fund.
1900-1908 C K .f.100,000
do
do
c
8.1.300,000
31
&
N
31 & N
1901-1908
do
do
.. 4
Nov. 1, 1906
8 X . 15,000
..D 3
do
do
M & N
M & N
1902-1908 c 8.1.450,000
do
d o .......... 3
Nov. 1, 1912
8X 7 7 ,5 0 0
..IT 3
do
do
M & N
M &N
1903-1908 <•8 .f. 271,000
W ater m ain stock............ 3
1912
8.f. 250,000
--1i 3
do
do
<•8.1.25,000
31 & N
1904-1908
1914
do
do
.............. 3g. 31 & N
g.250,000
-.11 3
do
do
8.1.519.000
31 & N
3
1904-1908
do
do
.............. 3g. M & N
sX. 100,000
1918
do
do
3
8.1.22,000
31 & N
1905-1908
Water stock o f 1870........ 7
Nov. 1, 1902
31 & N
a412,000
do
do
8.1.123.000
3
M & N
1905-1908
Nov.
1.
1902
M
&
N
do
do
.........
6
«6 3 ,0 0 0
do
do
c *.r..35,000
1900.1908
2-2 31 & N
1912
31 & N
do
do
........
3
d 8 .f.3 5 .0 0 0
N .Y.C’nty Court n ’se st’ k 5
Nov. 1, 1898
384,500
M & N
A n n e x e d T e r r it o r y B o n d s.
Of this $234,500 is in the sinking fund,
do
do
4
31 & N
1896 & 1898
8X .9.5 00 Town o f M orrisania—
Court H\se,8up’nieC’ t’96 3
31 & N
1919
8.1.7,000
1897 to 1915 )
19,500Central Av. construction 7
i’iy T $1,000 yearly, j
P olice and Dist. courts.. 3
M& N
Nov. 1 , 1911 c 8X .75.000

LO A N S—

NAME AND PURPOSE.

THE CHRONICLE.

h,

— Pt'in<iptu.~ ---- ----- Due.
Outstand'g.

i

}A N $ “
ft&Mt
Wernm * f afokfURukI—iC6ll,l
iii .A t, mmmh

1010-1980

M A

ir-ici'o 7

Hi* A m

$04,000

immHm. ■ $1 1<M10 yparly.

8

1MI- to UtiO
#1,000 yearly.

14,000

1807 tu tit47 I ^50 000
—!.000 yearly. I
,
.’ ml an.
tn tit# years 1910 anil
arty, ex
tn
1049
»n
d
1975
,
n
o
n
e;
In
mature
,Hi Interest on about onceh
u tin* remainder »wtiil-aimiially.

i A tC lf A

1897
$1,000
1807 tu 1008 ) , . , q *500
$ 10,000 yearly, i >-7,oO0
........$ 2 8 5 ,8 0 0
’ . ' ....................
247,384
" '
(17,8m)
............ 10.000
i rirr! linn on **fttuktaff fund redemption No. I.
i%
lien on “ sinking fund redemption No. I.’
i stock* art* xamrtMl by special fund derived from
wnd»
•>inking fatal redemption No. I.”
id fmii
-«$»;£-fu b a re parable from "sinking fund redom ption N o. II.
-a : r.tfn 4ink. f. tm i No, I under law authorizing their issue.
P a r v a l U £ O f 8 0 N O S .—The denom inations o f the bonds ana
v.
1 't•;V t«f N« w York arc not fixed. Certificates are issued for
M *
M &

IN T E R E S T --W H E R E P A Y A B L E .—Coupon interest Is payable at
- - : , i u if-T .-i at office o f O iy Chamber
\,
* 7. -t on the gold- eonpott bonds o f 1901 ami 1902 is payable
» w ,’
Koth*ehUds in London.
T O T A L D E B T, SINKING FU N DS, Et c .-T U c subjoined statement
N, ,, v..rh - tutui munti iji;.! deht and the staking fund held by
- siiic ou the dates Indicated.
its.
Jan 1.1 895 .
Jim. 1,1897,
Jan. 1,1896,
$173,991,081
. $198,907,890
$185,588,597
09,912,200
. 77,030,491
75,703,097
$104,078,830
1,099,03 4

$109,885,510
2,304,510

.$118,277,198
2,433.320

$112,450,020
lirt d e b t ....$1*20,710,52
ifiaexed. table »iiowfs the dty’s net debt as it was
o f Jam i.»r v o f each o f the- follow in g years:
|-gr*T . . i l 30,710,52 5 | 18 91... .. $98,064,413 1885..
112,150,020 i 181>0... .. 98,063,072 18 81..
i m u ..
105,777,854 |1 8 8 9 ... .. 91,313,135 1876..
lid s ..
i m i . .. J01.426.4HI ' 19 88... .. 93,300,581 18 71..
Ii\LL. .. 98,095,651 1 18-87... .. 90,395,634 1866..
97,550,0301 1886*.. .. 93,031,951 1862..
I S M ..

____ N E W

L OANS.

* * : 8, 0

0

0

. 0

0

___

$105,777,854
$93,648,100
106.006,240
116,773,721
73,373,552
35,973,507
20.087.310

NEW

0

[VOL. LXIV.

SIN KIN G F U N D S ,~T li(' total sinking fund assets ion January X
1807, were r77.tia0.40l. Of this amount ra.72.*>.h-t 1 was hold in a
apeelnl stuUmr fu ul(striking fund rtxtemptton S o. tl.i fo r a oom m tof
oortaln water bonds and $03p0«,s>47 (stuktnjg fund roilomiitiini No. 1.)
t o twill fo r o e m t n other aluklm: futnl Issues, The character o f the
assets Of the two staking funds hero referred to is evident from the
fo llo w in g :
Sinking Fund Sinking .
Total.
Redemption I. Redemption 11.
N. Y. City hands (pur value),$G2,003,305
$11,085,4 ill
$73,087,799
Cnsk........................................ 3,302.012
040.050
3,042,692
T ota l...................... $65,904,947

E X P E N D IT U R E S .—A nnexed is a statement o f expenditures.
1890.
1895.
For State t a x e s ................................................ $0,430,550
$3,554,319
F or Expenses o f the City Governm ent—
Interest on the city d ebt.......... .................
5,340.549
5,037,460
Redemption o f the city d ebt......................
2,979,020
2,001,143
87,386
88,197
The Common C ouncil.......................„..........
T heM ayoralty....................
24,613
26,622
Finance Departm ent...................................
311.037
312,678
Law D epartm ent.............................; ...........
201.403
228,108
13 517
............
Bureau o f P ublic A dm inistrator___ . . . .
Departm ent o f Public W orks....................
3,209.358
2,845,773
Departm ent o f Public P ark*....................
1,208,967
1,148,020
Dept o f Street frup'ts 23d and24th wards
029,048
421,737
N E W

C anal Im provem ent Bonds.

FALL

CITY OF PSOVIDENOE

T H R E E M ILLION
D O LLA R S
for wb;»-h irmMMmbU certlficatea o f stock, regia.
f.-fTo4 nr eotifWi twawls, at the option o f the proposer

’•'otal.indebtedness ............

DUE APRIL 1927.
R E G IS T E R E D

N et in debtedn ess. . . .

J a m e s

and diroeted lo tb® Comp-:
rtf New York, Albany. N. V,
JAAtKA A. fiOBKETS,
Cfuaptrptler.

N .

n t C » 6 « r H ir v rl,

B r o w n
-

&

C o .,

KKW Y O R K

»SPJOCll*AJ* OOCXTV. 0CUO0D AND
TOW K4HIP B0Kt>9

BOUGHT

AND

SOLD.

4*309,405

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

$1,613,405

Population, 100,000.

or C O U P O N .

FOR SALE 11V

Fall R iv e r ranks h ig h as a City o f th e first-class.
Its financial c o n d itio n is e x c e p tio n a lly stron g, th e
n e t in debtedn ess bein g less than, 214% of its assessed
valu ation . A Sinking F u n d to retire th e se b o n d s at
m atu rity has been cre a te d
T h e bonds are an au th orized investm en t f o r Savings
B a nks and E states in th e S tate o f N ew York.
L egal opin ion and uapers fu rn ish ed.
P rices and particulars on app lication.

P ric e s

B lo d g e t , M e r r it t & C o .,

and

P a r tic u la r s

ou A p p lic a tio n

C. H. W H IT E & C O ,
72

BAN KERS,
B r o a d w a y , N ew Y o r k .

1G C o n g r e s s S t,, B o s t o n .

C IT Y OF
C h ica g o D r a in a g e ......... ...............................4 )4»
Dee M onica, la . (S c h o o l)............................
MuJtkegon, M ich ................ ......................... 5a
Sout h O m aha, N ebraska-..*.. . . . . . . . . — ...-7 s
A sh la n d , W is , ((S o ld ).... ... ....... ..... .....5 s
W est C h ica g o St. I t I I . (T u n n el)............... 5 »
F irs t M ortg a g e.
F O R SALE BY
M A S O N ,
31 S t ilt . S r.,
B OSTON .

LEW IS

&

C O .,

BAN K ERS,
171 L n S a lle 8 l „
CHI CAGO.

AM prapoM l* P t o 'i be aealed am! entlorsod " L o a n

t'** ** t?
to.? h r ML®

4# 30-Year Registered Pub­
l i c L i b r a r y Bonds.

W a te r d e b t........................ .............. *1*900,010
Sinking fu n d .....................................
890,000
------------------- 2,796,000

Ihre* par centum per ar.im m . payable semi ann ually

Itiirtr-vt r :it h e i«®i» from th e first day a t January,
twrt, «»?) be M T a b le a t th e Bank o f th® M m h n tia n

M A S S .,

A ss e s s e d val n a tio n ......................................... $«0,286,-196

G O L D 4 s,

P r i n c i p a l a n d I n t e r e s t P a y a b l e in G o ld
will u> itm&Hl tn the tiara® o f the Coopt® of the State
o f New York, cm the ei«dll o f the Sinking Fund es*
tafetufeed by
act, hearing M erest ut the rate of
ota the sr*i ttof# of January ami July, ami the prin­
cipal r^hwhurwitole ou the hr*:, day o f January, 1912.
Tfar*f bonds tiro exem pt from ta x a tio n purto Chapter 8 *, Law® o f #4K*7,
stray be for the whole or any part o f the
%-mn n o t
tfeau #•l.bdfk «ud should state whether
t f i - g or ooupofi bonds tire desired, and such
. asuH be arooin panted by a certified cheek
for
tytf cent o f the wsmiot Of the proposal,
thky-toenM for th© loan will be required to he mad®
- ••! t Of the proposal by deposit In the
Bank of the Manhattan Co. In the City Of New York
to the fjwm .if *Tre»»ar®r o f ' the State o f New
To#!, r-tt me*mnt of Canal Fund ” o f the amount of
t|.B-a*9Phk<nthm with premium and accrued In*:
I mmt f rom O m m tf I, 007,
l- -- r <3*j:1r ii**r
ihe right to reject all
*t, - '« a?*- »i*«» Jr. hi# opinion adyaatiuiwui* U>

RIVER,

D A T E D J A N U A R Y ' 1 , 18 9 7 .
I n te r e s t P a y a b le J a n u a r y an d J u ly b y M a il

COMFTHOLLEB’ S OFFICE
Bn Ufa i ! o f C a n a l a f f a i r s , -

ALiiAN V. March 27th, 1807.
Pyr-.a-mM u> the* provisions of Chapter 79 o f Laws
of
proposal* will be received at this ofllce until
Tseml&y, the 30th day o f April, 1897, at 12 o'clock
$t?mm of that day for a loss of

L O A N S .

# 7 - 3 ,0 0 0

LO AN.

S T A T E o f N E W YORK
3

$77,680,491

ASSESSED V A L U A T IO N .—Tha city ’ s assessed valuation and ta x
ate have been as fo
I llo w s :
Personal
Total Assessed Rate o f Tax
Tears.
Heal Estate.
Estate.
Valuation, p er $1,000.
1890........ $1,731,509,143
$374,975,762
$2,100,484,905
$21-40
2,016,947,602
19-10
1895....... 1,646,028,655
370,919,007
1894....... 1,613,057,735
390,274,302
2,003,332,037
17-90
1893....... 1,502,582,393
370,936,136
1,933,518,529
18-20

LO ANS.

NEW

$11,725,544

The totals o f the various issues having a lien on these sinking funds
and ihe order o f their lien, are shown lit the follow in g; the letter p r e ­
fixed ill each ease being the sam e ns that used hi the table o f ben ds
above to designate the Issues having such lien,
a T otal issues having a first lieu on sink. f. redemp. No. I ... $2,500,600
b T otal issues having a second lien on sinking fund
redem ption No. T...................................................... ............
9,700,000
c Consolidated stock, etc., having a lien ou special fund
derived from taxation and from sink. f. rede.mj*. No. i . 88,584,601
a T otal issues payable from sinking fund redem ption No. XL 38,770,000
e Consolidated stock (new parks! payable from sinking
fund redem ption No. I in accordance with act o f au­
thorization...................................................... .......................... 9,822,100
F or further inform ation touching the sinking funds, the reader is
referred to the above detailed statem ent o f the eitvs’ debt, in which
are indicated both the principal holdings o f the sinking fund and the
everal issues held by the public to which the sinking fund applies.

NEW YORK
3M PER C E N T

GOLD BONDS.
D U E N O V E M B E R 1st, 1916.
IN T E R E S T P A Y A B L E J A N . 1st A N D J U L Y 1st,
E x ecu tors, A dm inistrators, G uardians and oth ers
holdin g trust fu n d s are authorized b y an a c t o f th e
New York Legislature passed M arch M* 1889, to in ­
vest in th ese bond s.
P R IC E A N D P A R T IC U L A R S ON A P P L IC A T IO N

Rudolph Kleybolte A Co.
BANKERS*
Northwest cor. of Third and Walnut Streets,
C IN C IN N A T I, O .
41 and 4 3 W a ll S tr e e t, N ew Y o r k .

IN V E STM E N TS
FOR

New York Savings Banks.
City of Cambridge, Mass,,
City of Cleveland, Olllo, -

-

4s
4s

A full description o f either o f these issues, with
prices, will he mtilled on application.
E. H .

RO LLIN S & S O N S ,
19 n t li.K S T R E E T ,
BOSTON,
M ASS,

SA F E

IN V E STM E N TS.

SEND F O B L IS T

C ity a n d C o u n t y B o n d s .
D IE T Z , D E N ISO N & PR IO R ,
33 C O N GRESS S T R E E T , - BOSTON,
1 0 0 S u p e r io r S treet, C lev ela n d O .

THE CHRONICLE,

A pril 3,
E xpenditures—(Con.)
♦Department o f Public Char, and .C o r...
D epartm ent o f P ublic C h a ritie s............
D epartm ent o f C o r r e c tio n .,,.. ................
Health D epartm ent.....................................
P olice Departm ent.......................................
Departm ent o f Street Cleaning...............
Fire Departm ent..........................................
Departm ent o f Buildings...........................
Board o f E ducation.....................................
College o f the City o f New Y o rk ..............
Normal C o lle g e ...........................................
Departm ent o f Taxes and Assessm ents..
T he Judiciary...............................................
Printing, Stationery and Blank B o o k s..
M unicipal Service Exam ining B o a rd s...
The Coroners.................................................
The Sheriff.....................................................
The R egister.................................................
The Commissioners o f A ccounts..............
Bureau o f E lections....................................
Judgm ents.....................................................
Asylums, reform atories, & c......................
M iscellaneous...............................................

1895.

1896.
$261,586 )
1,237 909 >
3 9 1 ,9 6 1 )
511,955
5,955,912
2,845,220
2,314,480
261,895
5,522,625
149,904
150,588
156,770
1,738,744
206,798
27,282
54,600
135,667
114,277
64,415
442,370
118,697
1,302.317
889,028

T ota l............................................................$45,298,448

L O A N S—

C it y H a l l B o n d s—

$2,455,713

PUBLIO SECURITIES

$186,000 $237,796
$260,871
Net debt.................... $150,000
T A X FREE.—A ll bonds of this city are exem pt from taxation.
C IT Y P R O P E R T Y .—The follow in g is a d escription o f the p rop erty
owned by the City and County o f San Franeisco, as transm itted to
the State C ontroller by direction o f the Board o f Supervisors on
October 19, 1896.
Park reservations and p ublio squares....................................... $10,000,000
Fire department, lots and im provem ents................................
1,300,000
City halls, county ja ils, hospitals, almshouses, H ouse of
Correction, Industrial School, lots and im provem ents____ 7,500,000
Cemetery reservation....................................................................
650,000
8undry lo ts .......................................................................................
260,000
Channel-Street lots from Ninth to Eighteenth streets...........
150,000
School lots, im provem ents, libraries,furniture, & c...............
5,140,257
T ota l............................................................................................ $25,000,257
ASSE SSE D V A L U A T IO N .—The follow in g table gives the assessed
valuation o f real estate and p ersonal property and the total State, city
and county ta x rate (per $1,000) fo r the years indicated.
Assessed Valuation
Total Tax Rate
Personal.
Years.
Real.
Total.
p er $1,000.
1 8 9 6 -9 7 .. $275,334,295
$82,251,831
$357,586,126
$13-98
1 8 9 5 -9 6 .. 265,031,325
62,814,017
327,845,342
22-50
1894-’9 5 .. 261,809,115
63,299,903
325,109,018
14-93
66.186,759
1893-’ 9 4 .. 276,457,420
342,644,179
16-06
The tax rate for city aud couu ty purposes for 1896-97 was $9*69
and for State purposes $4-29 per $1,000 valuation of real and personal
property.

NEW

L O A N S.

WHANN & SOHLESING-ER

I n t e r e s t 7 P e r C e n t N et.

NO COMMISSIONS charged borrower or lender
until loans have proven good

BONDS.

F R A N C IS

W ALL.

STREET,

NEW

2

W a l l St

C . H . V a n B uren & C o .,
B A N K E R S AND B R O K E R S,

M

ills

S 7 5 .0 0 0

FIRST MORGAGE, GOLD 5% BONDS,
B ond Issue, $ 1 .1 0 .0 0 0 .
C a p i t a l MocU, 9 1 5 0 , 0 0 0 .

This road haw been paying dividends of 6%on Its
stock and earning about 0%for 18 month*.
Price and special circular on application.

E D W D . C. J O N E S
421 CHESTNUT STREET.
PHILADELPHIA

&

B lanchard,

B A N K E R S.

Herkimer Mohawk Ilion &
Frankfort Electric Ry.

M U N IC IP A L

BONDS

BOUGHT AND SOLD.
D evonshire

S ta te

S tre e t,

B oston ,

02 B R O A D W A Y , N E W Y O R K .
STOCKS. BONDS AND HIGH-GRADE
INVESTMENT SECURITIES.
Circular Letter, including list o f delected Bonds,
Mailed Free.

W . J. H ay es & Sons,
BANKERS,

B uildin g,

DEALERS IN MUNICIPAL BONDS,
M ass.

C O .,

80 BROADWA V.
SKW VOHK

Ac C O . ,

YORK.

C o .,

NEW Y O R K .

1 1 5 D e a rb o rn S i.

S M IT H

HAN A N T O N I O . T E X A S .
2

&

LO ANS

‘N

TEXAS.

MUNICIPAL

LISTS MAILED OX APPLICATION

L each

LOANS.

M ORTGAGE
.

SAVINGS BANK AND TRUST
FUNDS.

C H IC A G O .

P a r k B o n d s—

$39,504,117

SUITABLE FOR

F arson ,

W hen D u e.

$1,500, g ..J a n . 1 ,1 8 8 8

J u d g m e n t B on d s—
6g., J&J, $225,000, g . July 1, 1897
7g., A&O, $1,000, g .. Oct. 1, 1887 6g., A&O, 250,000, g.A p r. 1, 1904
Special bonds made payable by statute fr o m taxes on lands bencfltted:
M ontgomery Avenue bonds haAre been declared null and void.
Dupont Street bonds, 7s, am ount outstanding.......................... $306,000
The D upont Street bonds have long been in volved in litigation, bu t
in the case o f many issues this has recently been settled and as a co n ­
sequence $325,000 o f the securities w ere redeem ed during the present
fiscal year.
PAR V A LU E O F B O N D S—The bonds o f this city are fo r $1,000
and $500.
IN T E R E S T is payable in gold in San Francisco.
T O T A L D E B T , SINKING FU N DS, Et c .—The subjoined statem ent
shows San F rancisco’s total funded debt and the sinking fund held by
the city against the same on the follow in g dates:
M ar. 1, ’97. J u ly 1, ’96. J u ly 1, ’95. July 1,’94.
Total bonded d ebt......... $544,000
$572,000 $599,000
$930,000
394,000
386,000 361,204
669,129
8inking funds.................

NEW

.

L O A N S—

O l d C l a im s —

6g., J&J,

447,482
5,883,284
2,467,473
2,144,245
192,856
4,760,509
150,440
139,729
145,595
1,547,917
265,861
24,527
53.282
130,613
130,235
63.282
656,778
124,932
1,314,654
740,639

Sail Francisco, Cal.—James D Pnelan, Mayor. The fol­
lowing statement has been corrected up to March 1, 1897, by
m e a n s o f a special report to the C h r o n i c l e from City Clerk
John A, Russell.
San Francisco is in San Francisco County, and the financial
statement given beliw is for both county and city.
The city and county have power under the statutes of the
S'.ate to incur a bonded indebtedness for a period of forty
years of not to exceed in the aggregate fi teen per cent of the
assessed value of all the assessable real estate and personal prop­
erty. Under the constitution of the State the assent of twothiids of the electors, voting at an election for that purpose,
musr, be obtained before incurring such indebtedness.
l o a n s

When Due.

6g., J&J, $ 6 6 ,5 0 0 .g ...J u ly 1 ,1 899
Subject to call.

♦Since January 1 ,1 8 9 6 , the Departm ent o f P ublic Charities and Cor­
rection has been divided into tw o distinct departments.
The total appropriations for 1896 am ount to $46,493,571, Including
$6,402,009 for State taxes.
P O P U L A T IO N .—Estimated by Health Departm ent, September,
1896, at 1,945,371. In 1892 the population was 1,801,739; in 1890
it was 1,515,501; in 1880 it was 1,206,299; in 1870 it was 942,292.

NEW

679

Street Railway Bonds, and other high-grade In­
vestments.
BOSTON, MASS.,
C lev ela n d , O h i o ,
7 Exchange Place.

W . N . C o le r & C o .,

3 1 1 - 3 1 3 S u p erior S t.

Cable Address, "KENNETH.”
THE

GOVERNMENT

and

MUNICIPAL BONDS

B A N K E R S.

FINANCIAL

M U N IC IP A L B O N D S .

Bought and Sold.
N. W . H A R R I S

Sc C O .,

BANKERS,
CHICAGO.

BOSTON.

1 } W A I.I, STRE E T.

-

KKW Y O R K -

MUNICIPAL BONDS.
E. C. S t a n w o o d So C o .
BANKERS,

12; Devonshire 5tre it.
BOSTON.
A .I S T 8 S E N T UPON A P P 1 .I C A T I O N .

34 N A S S A U STREET.

CRIPPLE CREEK, COLO.,

tb e leading gold-raining region in the U. S., with
nearly 300 oayin g m ines, p rod u cin g $1,000,000 per
m o n th ; p o p u la tio n o f to w n ,20,000; o f d is tric t,40,00o,
—is ye t in its Infancy. T h e big profits co m e from d e ­
velopin g m ining claim s and a d va n ce in values. I
offer u n d e ve lo p e d claim , near shlpplngmlues,$to,t.OO;
can let and bond at $30,000. F iv e -six th s o f stock in
com pan y ow nin g 10 acres ch o ice loca tion , $20,000;
can bond at $70,000. $1,000 buys lease, now w o rk ­
ing. heart o f district, with bond fo r claim a t $40,000
H a lf in terest In claim $1600; $6oo p rocures patent
and g e ts o n e-th ird in terest in another; both fuir loca­
tions.
P artly develop ed m ine, shipping and paying, has
produced $30,ooo; price $150,000.

S. M. SMITH, P. O. B ox 1593.

R oom 1, First N ational Bank Building,
Cripple Creek Colo.

REVIEW.

A N N U A L —1897.
A Year Book of Financial Information,
H8 0 P A G E S .

Bound iu C lo th ..............................................$ 2 0 0
T o S ub scrib ers o f the C h ron icle .........

1 50

WILLIAM B. DANA COMPANY^
PUBLISHERS

Pine Street, corner Pearl Street,
NEW

YORK.

THE CHRONICLE

660
B a n k e r s

a u d

,8

S proul
POVBTH

(O u t

o f

U

cuj

IJ o v k .

PHILADELPHIA.

PITT8 BURG.

H e n ry

B r o k e r s

[V ol, LX IV,

&

C o .,

AVBNUB,

ST. LOUIS.
D o n a ld s o n

STA H L & STRAUB,

PITTSBURG, PA.

INVESTMENT BANKERS,

BON D AN D STOCK

gSH U H l or Till

US S O U T H

F IF T H

STREET,

ST. LOUIS, w o.

(D R B X K L B U IL D IN G ).

P H IL A D E L P H IA .

J. E . C ra w fo rd 8c S on .,

N . H o lm es & Sons,
BANKERS.

PITTSBURG, PESM.
OOBRK8PONDKNT8

P I T T S B U R G ,

B o nd

E.

W.

C la r k

&

C o .,

PA.

HTABUSDU) 1871.

T . M e llo n & Sons’ B an k,
PITTSBURGH, PA.

P H IL A D E L P H IA .
Transact a general banking business.
Allows
Interest on deposits.
Members of the Philadelphia and New York Stock
Excbangew, and connected by private wire with
New York.

S T . L O U I S , IUO.
EDWARDS WU1TAKF.R.

BOND AND STOCK B K O K E R S ,
3 0 0 N o r fli F o u r t h S tre e t,

st.

B O U R SE B U IL D IN G ,

__

PHILADELPHIA.
W . G. H opper .
H. S. tioppeb
Members of Philadelphia Stock Exchange.

S T O C K AND BO N D B R O K E R S,

28 South Third Street, Philadelphia.

A . O . S laughter & C o .,

Special attention given to PHILA DELPHI A
STOCKS and INVESTMENT SECURITIES.
P. O. Box 1348.
Local telephone 160.

EASTERN._________

S.

D.

DEALER IN

H ig h - G r a d e

In v estm en t

S e c u r itie s.

S treet R a il w a y B o n d * a S p e c ia lty .

MISCELLANEOUS.

Ladd

1 1 3 -1 1 7 L A S A U L E S T R E E T .

J-P. A N D R E’ M O TTO & 0 0 .

Member* New York Stock Exchange. Chicago
-tock Exchange end Chicago Board of Trade.

L o r in g ,

5* STATE STREET, ROSTOV.

SOUTHERN.

B A N K E R S AND B R O K E R S,

CHICAGO, ILLS.

nouis.

Members Pbila. and New York Stock Exchanges

W m . G . H o p p e r & C o .,

CHIC A GO.

CHARLES UODQMAN.

W h ita k e r 8c H o d g m a n ,

BANKERS AND BROKERS.

C O L L K C T IO H 8 .

IN V E S T M E N T S

S t o c k B ro k er s .

305 F IN K S T R E E T .
S t.,

W h itn e y & Stephenson, E d w a rd B. S m ith & C o .,
BANKERS AND BROKERS
N o , 87 F O U R T H A V E N U E .
OlSeet PltUbur, Member* N. T. Stock Exchance.

and

S tre e t R a ilw a y S e c u r itie s a S p e cia lty .

BANKERS AND BROKERS.

N o . i :< 9 S o u l It F o u r t h

Bank of N e " Tort. N. B. A.
Tint National Bank of Philadelphia.

B A N K IN G ,

BROKERS,

3 d a n d O live S treet*,

m rw t o h k s t o c k k x c h a n o s ,
W tff.1 P1 I J B I A STOCK KXCHANOK,
r r tT S B o a o k x c u a n o k « m k m b k k s ).
CHICAGO STOCK KXCHANOK,
CHICAGO BOARD OF TK.ADK.________

HUM ERAL

B o n d & S to c k C o .

(.ESTABLISHED 1868.)

Investment Brokers,

8c

T i lt o n ,

BANKERS,

P O R T L A N D , O R E G O N .
ESTABLISHED IN 1869.

Jam ieson

&

C o .,

STOCKS—BOV'DS.
Member* New York and Chicago Stock Exchange?.
\HJ

DEARBORN

STREET

NORFOLK, V A .
SOUTHERN

INVESTMENTS.

C h icago. Ilia.

Jo hn W . D ic k e y ,

Private wlra lo New York and Philadelphia.'

BROKER.

Lo eb

&

G a tz e rt,

S T IIB B T , C H IC A G O .

AUGUSTA, GEORGIA.

h n t Mortgage* for sale In large and small amounts,
s e t t i n g investors 6. 5m and fl per cent, secured by
Improved and Income-bearing Chicago city property.
Principal and Interest Payable In G old.
COKHKHPONDKXCB SOLICITED.

A . G . B ecker & C o .,

S E C U R IT IE S .

D a v e n p o rt &
B A N K E R S

A N D

R IC H M O N D ,

C o .,

V I R G I N I A .,

C . W . B ranch &

C o .,

BANKERS AND BROKERS
STATE BANK BUILDING

________ CINCINNATI.________
S easo ng o od &

M

ayer,

I . W . C a r v e r T h ir d and W a l n n t H trccts,
C IN C IN N A T I, O H IO .

MUNICIPAL BOND8.
D.*h-Grade CUy. Connty Town and School Honda,
•vued in leading prosperous Zlatas of the Union,
•special!7 adapted for safe and permanent InTcst■K*o *ar KataiM and Trust Funda.

_ Ir w in , E llis & B a llm a n n ,
BANKERS AND BROKERS.

B an king

Bunlnesa

BANKS.
F IR S T

N A T IO N A L

BANK

C APITA L,
8 U R P L U 8 .....................................

*1 ,0 0 0 ,0 0 0
* 2 0 0 ,0 0 0

Transact a General Banking and Foreign Exchange
Business. Collections receive Special Attention.
OFFICERS
F. G. B i g e l o w , Pres’t.
F. J. Krpp, Cashier.
W m. Bigelow , V.-Pres’t. T. E. Ca m p , Ass’t Cashier,
F. E. Khdegeu , 2d Ass’t Cashier.

San Fran cisco .

ESTABLISHED I860.

PAPER

1&4 L a H a lle H t„ C h lc a e o . 111.

General

Collections Give n Speclal A ttention .

B R O K E R S ,

Correspondence solicited and information fur­
nished about Southern State, Municipal and Kail
road Investmei t Securities.
Reference—Bunk ot New York N. B. A.

UNOOKkOBATID)

C O M M E R C IA L

SO U TH E R N

a

OF M ILW A U K E E .

MORTGAGE BANKERS,
125 L A S A L L E

Transact

R I C H M O N D ,

R.

M y re s ,

SAVAN N AH , GA.
BOND AND STOCK BROKER.
Real K m ate Loans.

A . Strassburger,
STOCKS

Ac

It O V D S

O F SAN F R A N C IS C O , C A L .
UNITED STATUS DEPOSITARY.
C a p ita l, 8 1 , 3 0 0 , 0 0 0 I S u r p lu s,
8 0 3 0 ,0 8 8
9. G. M u r p h y , P resident, J ah . K. L y n c h , C m h ler

JAU 18 M o f p i t t , V.-Pre*.,

J. K .M o r r i r r , A lt .C a t b

Genera) Banking Bnilnew. Aooount* Solicited.

VA.

Private wires connecting with Washington. Balti­
more. Philadelphia, New York, Boston and Chicago.
New York Correspondents: Messrs. Laden burg
Thalmonn A Co. and Lehman Bros.

A u s tin

T h e F irs t N a tio n a l B a n k

B R O K E R

SOUTHERN INVESTMENT 8BCDRITIK8.I

Deal in C incinnati Eonds .

Montgomery, Ala.

R a w H a . 3 ? l a s t T h i r d «t*. C in c i n n a t i .O h i o *

REGISTERED PRIOR LIEN BONDS

C anal B ank,
N EW ORLEANS, LA.
(Successor of N. o. Canal & Banking CoJ
CA P IT /
,* 1 .0 0 0 ,0 0 0 .
J. C. MORRIS, President. EDWARD TOBY, YlcePree. EDGAR NUTT. Cashier.
Correspondents—National CUy Bank, National
Book of Commerce. New York: Boatmen’s Bauk
St ,<ouls: N. W. National Bonk. Chicago; Merunanta' National Bank, Boston.

F re d . M . S m ith ,
70 SOUTH STR E ET,

AIJBUKS, NEW YORK.
Makes specialty of Bank Stocks, Municipal and
ater Bonds and farutshe Solicited Inform&tlo