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VOL 68.

SATU R D AY, A P R IL h 1899

CLEARING HOUSE RETURNS.
F o r th e m o u t h o f M a r c h t h e c le a r in g s m a k e a n e x t r e m e ly
s a tis fa c to r y e x h ib it .
C o n t r a s t e d w i t h t h e m o n t h o f 1M 98,
th e a g g r e g a t e fo r th e w h o le c o a n t r y r e c o r d s an e x c e s s o f o i-5
p er cen t.
F o r t h e c h r e e m o n t h s t h e g a i n i s 4 0 '5 p e r c e n t .

P .C t

Vs9Q.

lYrrA ending April L.
P .C l.

New Y ork .. .. fojKtt.0+4,079.3. 418,019.4* 3 r 7 n 0J+*«7*J8flJI0. « u ,b s o .* r ,
400.818,648 &lu.4O4,103 M i l l.lBfl«6VJ,377
: -. *0,77
FM Ladelphla.
SfT7.4tc5.Vc27
240,S*3.«7v
lb\676.T0fl| f l s ^ s r . _____4_
r71
P »a*bursr.—
+ 9+0
235,3 ,9,9*B a ltim ore.....
20,74- ,l>2‘
1 LU O ,04714 * 7 8
W.71T1.1C6
6l.rtH-3.S32
Bnlfitlo . . . . ..
<4.777,04*
2 ^ U s « H l(
7.4(x m v & 934 *
S6.Mkfrs.7Ji!
j
$1,839,096
....
4^11.367' Tr v
14,7.20 A lt !
14.ft35.29;
B f n t m e . ........!
M a9J9* f t r *
Li.Tt3*04!
IT S 63.6 U
Sot n 'n n . . .
3.^ 7 ,0 7 .
0**
lOjSOO^ftj
9.334,210
W jUBtaaum
U r t* ,£ * -nr? ___ i>U.2«JO!
4.43u.<>
JW S i » 3 * « 0 V S K -ffflB 18.2*6. 1 D U W ' U . 153.201&**
S
T ota l

frtl'9
4-57TJ
4*66*6
■ +17*6
ySSTH

4-2-7

4 7 -3
411-0
43-6

r«V, 116.201 MrtO.17f.7y3 +> 5^
Bo*t.>n . . . . . . . 69 5,300.13% 4fii.<K&.ifrq ^ai*i
21,67 4.4‘x 926-7
«>V l+ 3,«O0
kUPMMCCij
tfd,90t,yct>:+iyB
P r n T id * n c «-...
lo.3ifl.7Hx, r-liU
JK,QOe.tttt
3A,74rt.^4* HtrO
H a r tfo r d
j 4LMN4.0*
*769,* 8*
l*,Vnl.3J4 r l ‘/4
1PM 6M Q6
NVw
rt,l3lA72K 9*4*3
7,000 *7 r
£3,014.
59,107,ftT* f l 2
f y t a i f l t i d , ..
7/207.H0*
« ,’JtT>6X + »/**
Sa.7v7.4i7
U».a9»A!i23! rl6*»-.
Wore<Mt«sr,.,. !
+©>
0^75, tr ^
H M PJM
17.104.61S1* 10-3
P o r t l a n d ......,'
3J??0,74*
X350.374, wj-l
12.22? .Sflft
11,442, *541416*0
Pali H irer.
8.30MJV f
9.<aK «to
fU U
L o w e ll------ .....
•JS6M44 ♦4-4
% i& .n
7.400.Art*
6W4JWD! f l f i
N «w I M 2 0 f 4 _ l ^ ? 91
T otal S . Bu* 67*. OEM 41 i 6jfi>>*o,3w4j fa ir. Uri50.3W3.U7 ljto l^ 6 6 ,6 7 b i 4 $ r t
C h ic a g o ........... |
CliM Siaiuil..-.-;
m t r o i t ............;
O eV ftfead,. .
M ilw au k ee....
C oium bu* . . '
(nrtfaksftpolli

fl*UKt,-*it[
tO.A47.5t0
*4,180,72^
31.'-1 9-JB tt,
A
U.1«3,47L
rt.3ii.M 4

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G rand Rapid s
D e y t o n , .........
Y o W fto «ra . 1
SpriBkHeM .llk'
Lexlntft':*u...
A k ron ............
K elen u u oo
Serf! n e w ........
K o o x fo r d . . . .
Canton . . . .
i u r c it y
T ot- M .W m I
3ftjn Pr»turi-«co
f o i l 1^X4 UUf.
{-•>rn«rtd.........
L oo Ao(f«li|s*.,
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.......

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i lS a x P «ll« ...j
o ____j _____ P
T otal P adflcl

f vJ2*°M 1
1 A™ W ]

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9A P a u l____
D »Q T 4 r.......
34. J o ie p b ..
r>4* M oln ««.
D »T«ajport,
t o u O ft f ... J
L lo c o ia ...........
W lck lta .______
TA6UUS
T 0 9 6 K 6 ..........
W 4.M 0©
r r e m o n t...........1
639.55^
H u t t O I S .........
570,321
T o t .o t b r W
167.0*3,49;
3V IaOOlt.........
X « w Orl*a&« I
L o a lfT H le .... ,
Q n d r m to u ».
HOQftOO.......
0t*T*nnxh
I t ic lim o o .).......

4»,2*>8 71T rsari LMl.rtiO.rtdl
W . U 2 ^ . rirtW
tTftnXMOO
S».*M7jBt4 f l 4 >
f*M 14.951
llfl.73n.3X3
Tl.U2.63t ! + 6*1
«gJ*M 07
16.ft3fl.80vi fSt-»
fll.iri.O oe
I 00
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35.HVM.5IW
7.4*4,rt!W! +0+
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C
lti.A4l.2rtO

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U.ftrtO.h'rt*l U U /S i.-

l,S 7 9 .3 rit7 S 4 * 6 1
169.061.6641r l* * «
H l>ly_3U flA r t
974r»M 3*i t»S-4
65^96,10.1 -»-4T5
61,033,606 t-197
901613,70; fto * v
:
UJ9>9.3J3
9.467 j i r .
ST
1«H,705S
6,<TSft.*91
6M 364
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5
i.ioo.tOM 9 * 2- 7;
4,71MB./
W O M 4 117!
4 207,6*6
U«3,VHfi PUT*
3.^5.307
u i . ' . y - t 7 to*?
3,360.007
8?>7.i04 -frt'i
3. 16*136
*&LS 0» H I * *
*.70i.* 4J
W tM i
1.130 <»4
rt35.23ri.35-*
1^96^*7,679
m

72.033,711
rt».94rt.4MhVU 4
3,000,00m
6
N\U,I3* \M * ’t;
0^63.704
7.417,40. - T
7,419.03,:
W iM
rl
7^04.360
6,063^461
3,761 ^*21 *rti
4.013,00*1
0.3OM 65 -J 4
5.10CUO*.
Airt5i^9«- r H
T.647.461
I^60.5C
h
1.131,754
613,00*;
3»4 4 H , »2
3MNBI
7,2 IP U U.Seil.ll*' ^
47^7 f , 11
34>fA4tM
16 703,3 U!
17.9s ajM t
U.Trjrt^rtr
11.103.49;,
69>34^*r:i
*.t3.A9Ui
MH0.7W

iM ttlC U f.

f274
rid**

a. 209,121 •
2-021.051
2,40^36? f a y s
U n j n ; liu
r lO T
* ■

t

"aortC'Mrtu 47*0

60,61597*. -6*4
3i,*5M4.5l«i 4-JT4
2 4,#7 fl, Ia* U *U V
uuivi«r~
16.»«3Jirt>
7,676.—
6^61.*i
3.TU.021 riir%
1,2*3.108} -P6-X
p w p i
:
8^00.34^ -fu-7
53rt.474j M S '.
673,004( -0 -a
l6 6 .0 U ^ 7 ij pri^t

in
t i^ o
M l
419*1
fir t 1
—13 0

196.467.5*6 4 6 1
lfl.527.,9V* 461*4
22.3*i.7C3 - 6 - 6
to,0Vrt,U7 416*7
IP.010.664 —16-2
9.7*2^22 a r i
11.000,29* 34-1
13-6
6062.596
a .0 t o ,iic riv-rt
.
1.610,530 43-1

100.*.23.67 V

-ro

9L64»^C2f4iC4
«6.4i0,;«ii 4trrt
40^660.061 4 i r o
3H.0J6.772, Pi-7

19,900.495 4 54*7
l4«2ftH,70O
fM»70>91
ft.*rt«r *H
4,O«2,'>90

f rt
-fii
fl.120.67U 4 2 1
M 7M 69
M t o jr v
454.09W.yn

4ft7.l05i.y5H

120.540304 fU -7
* 5 .7 3 7 .0 T »j-ia ^
* > .4 W 7 l| P16V

1 0 ;6 «M 9 ;{ *t6'<
»,rt.543eil - 1 6 8
1U66.36W t66*4
’ J ' S ' m .1
10.4&6.27 4-16*0
6.090,1641 -t-S t.
T
A t i,n s » ...............
M W ®
6JWB.402 *-9-4
S M h T tli*.------ 1
4.0C4UU f3 0 T
M o rfo tt ........
3.029.43TH ^i9-i
2,315.39;! h-6",
K n o x v ille ,..
f M l 'X , '
W . W f 14V
Tort W orth
M i l ’S ?
2*241.r/9| f r o *
a iT ^ n ,h « n ..
S.W S.IK
3.W 3.c>J0)-29'»
M72.017I 4.1*31
I.iSUe fioek.:
1,4*0,36#'
C h oltocioov*..
1,110,1<»(
Jocksourille. . , 1.046,14 ,

3.143,137

h to o f e l e o r i a a f t b y t H e g r i i p h «*?»? p.

CUarinos «1—

1899,

N ew Y o r k ....... . . . . . . 1^93.839,168
77,096,0/*J
P h iladelphia...........
3t-.yoo.rt77
P U U b u r K ........—
lrt.rti2.vsrt
B a ltim ore................
4,4tl,d£S
Ba&U o
......... . . . .
2,847,747
W M hiU fftoa.............
i.im.vw
R o c h e s te r ....... . ..
935,586
S y r e c o e f t ....... .
891^88
S c r s o t o n . . . . . .........
675,flVS
W iim irnfio a .. . . . . . . .
322,700
hxm to n .. . . . . . .
T o U l H ld d lO ...- l 482,267,910
124 941.970
Boe t o n . ................... .
4,968,000
P ro r id e n o o u ..........
2,1*8.70*?
H a r t f o r d ..... . . . . . .
L 2V l,«di
New I l e r e n . . . . . . . .
1.739 j
m
S p T in s fle M ..,,.........
L 5*1,103
W o r « M t« r M............
1,420,4 43
P o r u e n d .. . ............
7 c 7,650
F ell H i r e r .. , ,, * ,. .
Vi H._
I*o w e l l . . , . . ..............
___ 676, to»
Now B e d fo r d .........
T o t a l N ew B n * ... T40.S05.4Ofl
117.437.57 V
C h lc a c o ... . . . . . . . . .
12*216.150
C in c in n a ti.....
7,i*« 003
D e t r o i t .. .. .. . . . . . . .
9.04M.631
( l o r e U n d . . . . . .........
•.CtH.553
M ilw aukee..............
&.097,«KK»
C o lu m b u s .. . . . . . . . .
3.911.1*1
In d ie a e p o im .. . . . . .
1.7*5,7.-h
I*aorta . . . . . . . . . . . . .
1.39V, 171
T o lf t d o .....................
LOOT.V03
D raud fla p id i... ..
Virt.flOD a y t o n ........... . .
662,611;
E v o m v illa . . . . . . . . .
YoutMCKown. . . . .
857.451 i
rtpriaifflald. 111......
319.54c
L e i l o t f t o n .................
*00.400
A k ron........ .
*48.77 rt
Kei e m ju o o .. . . . . . . . .
£49.464
f t o c t l o f d ., * .. .. . . . .
T
12.90V
Sprlnirflftld, O b t o ...
275.0*»
C a n to n . . . . . . . . . . . . .
___U0.QOU
B e y C U y............ . . .

lWloToflrtj

T o t . M id. W «et*n
5 h F r e n c le c o ,........
S*U M k e C U y ........

1863

1S90.
P, Cent.

782.901,674
09,661,585
19,296,913
17.0*26,171
3,178,492
1.922.191/
L690J3S

1,141395
8*7,840

720^42
349.7*’T
i

rtftrt.746,4*.
101,024.088
4,575.700
2,3^6.253
1.5*5,6 <9
l*357,2Sv

077.426
1.259?, 176
676.03»
615.396

67ai67

:!-• • .■
>
9fl.435.S01
12,262.650
6^0^14
6,rt7H.fle7
l.ilfi.OSe
3.63S,4C<M
2,416.961
1.42»,40«

1,328.835
7*2.644
099,443
m a -70
S24.64C
iMO.OoO
811,1*7

xs4.60»;'
207,318
HMJh

1734B40
10184

163 9u;

to.044.99ll

i.fteo.ooO,
l,*7i^Kit
!.423.764
1.4*2,16*
1.160,7i**
677^94!
450,116

PorU end................

h o * A a f t e l e t .......
rtoelUa
Snokeaft.. . . . . . . . . . . .
T e c o e a * .- ......... .
i l e i o u e ............
f u r l ' - : ........*........
S io u x F e l l * . . . . . , , ,
T o t a l PeclU
K en*** C ity .,. . . . . .
M tnneepolle..........
U m ebe..............
S t, P ftu L ........ .
D a n re r. . . . . . . . . . . .
9 L l o g M ................
D«# M o u r n ..............
O e r o n p o r t ... . . . . . .
S io u x C u y ,.........
L lotu U i.,.
T o p ftk e ,....................
W ichltA............. . .
F rem on t. . . . . . . .
H e * U n « i.................
T o t. o tb ftr .W ftftSt. L o q Iji. . ...............
New O r t e u u .-------L o u U rtlle................
O m lre a d o o ..,.. . . . . . .
E loaeton ,,. . . . . . . . . .

*05.63*
1*2,693

3CO.fl77.617!

6 3 1,

+ 1-9

—
7-6

- 7 '4
+69*4
+23*7
+8 0

—-li
7

—159
+27*2

-t-14-7
+11-4
+ irtJ
+78S

1,446.879

964,061

S iB oB w
f>±. John.
81.7okn. ...

667.928
482,600

022.852

VI cl o n e * .
V e n c o a r e r * ..

11,628.73V

8,169.37'/

1, U0.576
1,043,716

06M M
436^72

730.674

+2*7
-7 1

+22-6
-rt*V
+4*«
+21-4

806.910
259.<X)0

334.646

164.628

211,799
100,290

*ia«ati

160.661

192.406

164.808
112,033,000
13.117.407
M l
1.512,665
-UV
020,607
- 0*
1.10 .472
+98
460.Wri
464-6
672,710
474.054
-116
600.0?X5
+ 14 t
>
104.692
+14 6
84.990
+4*3
IB.860.285
-10-7
0.572.311

-5 1
+14
-1 2 3
+34
+ i0 >

—9 6
-1*5
+807
-19*6
+ 11-6
+1-9
+ 20*0
T » « 'S
- 8*6

+281
-1*9

5,307, ftO
S

4,076.202
2,+22.»4rt
2,889.160
1.301,989

1.268,732
661,700
650,101
287,967

20 6
8 .2 0

390 488
50,86*
90.101
28,067.1*8
21 652.617
7,267,870
5^07.420
8,444.600
2,409^30
2 044,272
1389.676
1.019.410
1,104.167
1.019,400
850 038
701.192
450.728

690*408
872,428

• N ot In cl a tied la

*4,649^*56
tot*.

23,028,817

212,100

241,777
1BO.407
*18,887
127.107.000
14,644,040

1.282.407
974,484
Mlrt.834
414,767

CNJ06

672,007
167.818
78,888
20.287,070
0,008.071
6,027.323
4.110,403
3,368,387

|lK $n

1,804,000
1,833.630
1.078,0*2
608.027
804,310
2V0.035
444,052
fS3.75fl
76.788
81,607,002
20.861,440
8,286.015
rt.0Vrt.3C*
2.200.4 02
1,700,078
1,581*873
1,910.119
1.677.8*0
1.280.512
673.492
1,018,721
825.250
3*6,161
676.0CW

347,111

-2 3 S
+10*0

418.000

+10 6

486,618.088

433.086. IrtV

+ 17 6
—7*rt
+80 2
-7*6
-12*2
+10*4

10,018,213
0,442,070
1480378
1476.358
740 488
448,713

7,0<*3 649
5,298.083
930.66*
905,199
633.297

302.041
—17*0
266,768
+2*7 ^■SSMrtM
346.4*6
+68
6 i,»6 ».# n
+46-8 L006.36fl.223 900,434.281

....

268.200
286.899

»Mv

666.866

I

8.507.878
1 404.050
1.407,078
1*849.878
1.293.316
771,107
048 487
537,778
109,089,763
88.461,011
12,600,200
5,832.716
*6.174,471
4.003,260
3.876 000
8,162,547
1,973.722
1,251.051
751,818
650,078

+33*7

+14

18.653,740
7.634.248

1,318,034
1.172.256
1.318.161

18S0.
627,4411002
5d.720.224
14,087.137
11,909.164
3.802,753
2.019.103
1,664,800
057.483
1*19,798
710.103
338,100
620.637,760
95,060.000

— t O 'fl

+0 6
+20 6

7,<V>«.710

1^50,804

a

—1*8
—0*7

*4,895.34.

68t'.58rt

880.000
0/1,820,787
99,268,916
6,117,100
2,472,840

-1 8 /

+W U

83.rtdrt.l6»

1,411.431
834,S»V
772.318

■Of
684.096
+airt UMftt.VM
+*lrt 81.126,078
-^93
11.800.960
+241
5.2fld,0l8
0,804,329
+46*1
4.186.804
44 9
+44*3
3.376.000
+2‘7
’5
2,028.017
+2 *6
1
1,600.97?
1.23S.60H
—
20
+85 0
1.826
-yflvo
4.581

-5-8
—
tft-»

M o n t r o e l.,
T o r o n t o ...
Winnlpftd*.
H a li f a x .......

'BotelCenede—

4-27-rt
—180

-1 2 0
+ 34 0

27^71,445
6.fl7rtJ»l
0,663.941
2.077,500

1807

rd6 2 608^34,186
<S4.109.68f
4-10-8
-KOI 14.954,710
+9 5 15.l70.8do
3.024,447
+40*4
1,732,30s
+21*0

+21*2
-8 2 8
—*
S

fl.400.44i
886^43347
2,776,060
140.4i74.91rt
2.609J9C
2^70,79289,507,099 7
g*t»tm»h
,.
1^06,006
L - ’ 3 M3
30.973,000
2,£35.7O
r
t
1.132.048
B lc b m o a d ....... .
37.090,944
Utoi^flO
1930,11*
M f-m pl)!*...................
82jrtOL9M
1,274,626
1,143,656
A t la n t a ...............
31,9*1,511*,
1 0H4.304
l.OflflSSri
57.3*8^37 -20*0 N u h T tlle .................
860,50*
13,649,072 ------ N orfolk — ....... .
050.004
*69,047
A u tp iate... . . . . . . . . .
15.414.3^/7
470.0 0
493,87?
KnotylOe..........
12.0M .213 896,509
700.0ut
Fort W o r t h . . , . , . . .
10,2 42,465
472,62*
482.824
B lr t n ln x h a m ...,...
M XM Oi
462.000
693.O
X
M acon ........
. ..
IO.4O1.70O 800.000
271,121
L lttlo R o c k ............
6.192,01 a
264 690
S lr t.lli
C h e tta n o o x e .. . . . . .
&.410,*)00 *
aiftflTf
226 < *
M
JftrtkeooTtll*. -------4,9*3,343
4.193,107
00,712.395
56,8»7,10t5
T o ta l S o u th e rn ..
0.013 3V*
tJflB.fl1tt.447 1 ■ / : "
:
T o t a l e li......... .
907,217^17
Outftldft N. Y erk. 568,783.279 4t«,i7A15rt
l7 ,m jl3 S -8 3 9 *-40 6

j
T ota l South. aatja^.ooft a84.>39,954|442 ” 9^ ^ 3,0-w
0.720^ yv;i3j ^ ft4 /.4»4.52fl} 4647 il.tQQ
T * t « l *11.
0 u t« i4 9 St. T 43T4,5U.lMjiJ*2V,406,903 f 90*7 9.067,101,007 «,507,rtO9.45« 4 2 M
*9.6*0,316
i6i 07.6I6.8AH i2*»
M oitttm l___
196^92.*60
L9ft.t91.5irt
40,046.50*
T0fr/tit, i . ,,
69,012.164 4 V 2
123^50.620
110,264.019
TjOOO.irtft, I
6,9rtM.276 fl7 -3 ,
win^ij>/»e .
8m,8*2.533,
l7.-«32.irt-1
*,700,uu»i
4.4-4
-6 2 i
H itlifex ...
I5.196.i5rt,
14.294.506 .
t,12MS?4
8.U21.400! 4 r p
H iffliJ too..
0300.7411
rt 713,617 45*0
2.144H0HI 4-n-/.
*.SVl,57P
3t- J oh n . . ,
7.074>74}
0 .M 8 .7 U 47*4
T o k C *n 6d», 127.4 7 0 ,4 ' 192.500,ift- 44 O 29*7693 0 0 ! 947.V96.1 Irt| '4T-4
T
tw r F o r t

The week’s total for all cities shows a gain or 46*8 per cent
over 1898. The increase over 1897 ia So*6 per cent and the
increase over 1898 is 93 9 per cent. Outside of New York the
eieess compared with 1898 is 16*5 per cent, the gain over
1897 is 30*3 per cent, and the excess over 1896 reaches 81*3 p. c.

lhrt< Months.

JtfarcA.

NO. 1763.

+7*

20.597.820

10 -V,. ,6

6 i0

THE CHRONICLE.

[Von. LXYIII,

To explain this attitude by claiming, as has been
done, that the banks are exhibiting a feeling of h os­
tility towards that class of organized capital conveys
Speculators iu stocks h$ve found this week that a very incorrect idea of the situation. The sugges­
money was the condition more than all others to bo tion also that either Secretary Gage or Mr. Depew,
reckoned with. Ever since the early days of March the in his remarks at the dinner of the Manhattan
crisis, which has now at length enforced liquidation to Bank, urged or favored any such attitude is equally
a very considerable extent, has been steadily approach­ unfounded.
Mr. Depew, in speaking of the
ing. General nervousness over the situation seemed immense capitalization these creations represented
to bo the prevailing feeling Monday. On that day estimated that four-fifths of the accumulated savings
and Tuesday an effort to unload made some progress; of the country were invested in industrial enterprises
the share market was very irregular but active, sales and that two-thirds of the labor of the country was
on Monday reached 1,262,447 and on Tuesday 1,061,- employed by such corporations. We presume those
244 shares. Money on call those days ruled from 5 percentages were not intended to be exact, but they
to 7 per cent. ^Wednesday there was less doing, the serve to bring out forcibly the vastness of these inter­
total sales being 884,105 shares; the early transactions ests and organizations, and the absurdity of any as­
were distinguished by numerous advances— mainly in sumption of hostility on the part of financial institu­
railroad properties; but as the day progressed the tions. Besides our banks have not the power if they
severe discrimination became more marked against had the will. Eunds seeking employment come from
industrial stocks and other new specialties, too many sources in these days.
the close being extremely irregular, with transactions
Money lenders, in accepting or rejecting a loan, are
in money for industrials at 12 to 15 per cent, or 5 per influenced by their idea of the intrinsic worth of the
cent higher than on good Stock Exchange collateral. security offered. Worth cannot be determined by the
Thursday the market opened feverish, with money current market value— that may be speculative, fluc­
continuing in active request, ruling at 12 to 13 tuating and temporary— but by an acquaintance with
per cent before noon. A general selling movement facts that determine character and assets or eirning
set in, attended with heavy declines throughout the power and its perpetuity. On the market there are
list, chiefly in industrials and in specialties like the always every degree of preference in every class of
Brooklyn Rapid Transit, more recently conspicuous security. This is true even of railroad obligations.
for their rapid and extreme advances. The better It is notoriously true of merchants’ paper and mill
class of railroad shares also declined, but to a less ex­ notes. There are banks, also, that show more favor
tent. Yesterday the market opened in pretty much for one bond or stock or class of note than for another,
the same ragged state, with a large further decline in perhaps in cases of equal worth, because of a better
prices, but with a substantial recovery at the close.
knowledge of its qualities. We may illustrate our
meaning by what we said a few weeks since— that cer­
There are two facts that have existed side by side tain banks give a preference to leather paper, others
during this disturbance disclosing a notable contrast to grocery paper, to the exclusion of some other
which are worth calling attention to because they in­ classes they have studied less, but which may be perhaps
terpret the real situation more accurately than any equally meritorious. As long as the market is bur­
words could do it. One is the ext' emely high rate at the dened with an over-supply of loanable funds, when
Stock Exchange for call money, already remarke d upon, the lender seeks the borrower, almost every thing
and the other the unchanged and easy state of the goes; but when securities multiply, competition for
time branch of the market. Abundance of money for money sets in, preferences become manifest, and Anal­
every legitimate want could be had during the ly only the assured is taken. The uncurrent class has
period when call money could not be procured sometimes been railroad stocks, and perhaps even rail­
on many speculative securities at even 12 to 15 road bonds when there has been a season of overper cent. This contrast tells us where the seat capitalization by railroads, or of too rapid construc­
of the disease is, and more than that how tion, or both; or it might be, as often happens, mer­
sound and healthy the larger business interests cantile paper that falls into discredit, in times of
are. The closer scrutiny that has been observed by over-trading when all offerings are rejected except a
lenders and greater discrimination used in accepting few of the very best; or the discrimination may fall
collaterals in placing loans, and the change from a as now, and for like reasons, against what we call in­
sluggish to an active money market, were conse­ dustrials and specialties. Any individual can see from
quently wholly natural. These were inevitable inci­ this mere lecital how unreasonable it would have been
dents of excessive speculation. Of course the first to interpret the rejection or discrimination which has
securities to be thrown out in such a contingency heretofore prevailed at various times in the loan
would be those about which the earning power was market against <anv of these over-issues as hostility
comparatively little known, those whose price was towards that class on the part of capitalists. If that
subject to widest fluctuations and consequently whose be true of previous occasioi s, is it not doubly true in
value is the least stable. It so happens on this occa­ the present case ? There certainly never was a year
sion that the class designated industrials was the main when any kind of security was multiplied so rapidly
sufferer. As is well known, within the last three as industrial shares have been during the last few
months an immense body of these stocks of varying months; and there never was a class of organizations
degrees of merit has been placed upon the market. that had capitalized to the same extent so unsubstan­
A year or two hence it will be better known tial an asset as good will, about which time and exper­
which of them are entitled to credit and which ience alone can afford the test of productiveness.
are not. In the meantime it could not be other­ Notwithstanding these facts, many of the properties
wise than that all should be in some measure under referred to have been run up to prices which are
warranted only on the assumption of a very large
a ban.

THE FINANCIAL SITUATION.

A p r il 8, 1899. J

THE CHRONICLE.

6£l

earning capacity that is by no means assured as yet to be exact, the number of the failures has not been
so small in the first quarter of any year since 1882, and
and may never be realized.
the amount of the liabilities has not been so small
All the trade indications still betoken a large, an since 1881.
active and a very satisfactory state of general busi­
ness. Oar tables of bank clearings tell a story of
In view of the prominent part in affairs played by
progress and expansion in every direction. For the
the industrial organizations, or trusts, we furnish in
month of March the aggregate of the clearings for
a subsequent article to-day a statement showing the
the whole country reaches the unprecedented amount
combinations of this kind formed the present year.
of 8,126 million dollars, this comparing with au ag­ The results will be found interesting. The subject
gregate of only 5,641 million dollars for the corre­
of these “ trusts" is an important one and deserves
sponding month in 1898. In other words, there is broad treatment. Combinations per se are not objec­
an increase of over 54 per cent.
Financial
tionable, but there is danger that unless caution is
operations and Stock Exchange speculation being
exercised great abuses may grow up in connection
so very promint nt at this point, very natur­
with them. Mr. F. B. Thurber, in a paper which he
ally the increase outside of New York is not so
read yesterday before the Industrial Commission of
heavy, and yet even there the expansion is over 26
the United States, discussed the subject in
per cent. The best previous monthly total was that
a rational and broad-minded way.
One remark
for -January of the current year, when the amount
of his deserves wide circulation.
He says the
reached 8,492 million dollars, a3 against the present
only additional safeguards needed are for stockhold­
total for March of 8,726 million dollars. It is rather
ers, whose interests are often sacrificed through lack
noteworthy that though stock speculation played a
of publicity. The average investor is the chief suf­
very important part in swelling the bank exchanges in
ferer. So far as the interest of consumers is con­
both the months mentioned, yet the aargregate o f the
cerned, this, he well states, is amply protected now;
stock sales in March fell much below that for last
first by competition and secondly by the common
January. The farther growth in clearings, there­
law, which if invoked will nullify any contract in un­
fore, in face of that falling off, is quite
reasonable restraint of trade, besides which any un­
significant.
The share sales for March were,
reasonable combination is subject to indiotment for
roughly, 17j million shares—a very large figure, com­
conspiracy.
paring with only 10 million shares in March 1898, but
for January 1899 the sales exceeded 24$ million shares.
Tho rates for money on call daily quoted at the
It is worth pointing ont, too, that the ratio of gain in
the clearings then was only 41*1 per cent, where now Board uniformly represent those fbr good mixed
for March it is 54*5 per cent, while outside of New York Stock Exchange security. But in making the loan
the gain then was 20-1 per cent as against 26-1 [per it has been, and indeed it still is, understood that a
cent now. Nor is there any indication of any shrink­ small admixture of a comparatively stable dividend­
age. On the contrary, the total for the current week paying industrial stock would be accepted if amply
ending to-day is likely to exceed the highest total margined. That is to say, while the rate at which
ever before reached in any one week. For the six the loan was made wa3 based upon good security,
days ending January 28 the clearings for the whole consisting of railroad or other stocks, the loan would
country footed up 2,138 million dollars, making a new not be rejected by tho lender if a moderate amount
and very exceptional high record. For the present (say 10 per cent) of good industrials of established
week, based on telegraphic returns up to to-night, we repute should accompany the collateral.
Until
estimate the total at 2,116 million dollars.
Wednesday borrowers desiring to make a loan on a
larger proportion of industrials were required pri­
Unt these clearings returns do not stand alone in vately to inform the lender or his representative
showing a large and growing volume of trade. All upon what kind of industrials he desired to
the other statistical evidence is to the same effect. borrow, and in suoh cases special rates differing from
Contemporaneously the records o f mercantile dis­ those on good mixed security would be made
asters are highly gratifying. In fact it is many years and no publicity would be given to the tran­
since we have had such encouraging exhibits in that saction. On Wednesday afternoon, however, the
particular. Messrs. R. G. Dun & Co. have this week precedent was established of publicly bidding for
compiled their usual statements of mercantile fail­ money on call on industrial collateral, and during the
ures, covering the first quarter of the current calen­ flurry in the last hour there was a difference of as
dar year, and they have very kindly favored us with much u3 5 per cent between rates on good Stock Ex­
an early copy of the figures as they will appear in change collateral and those on industrial properties.
'D u n ’s Review” to-day. It seems that in number On the following day, and indeed for the remainder
the insolvencies for the three months the present year of the week, while the bidding for money on
were only 2,772, against 3,687 in the like three the last-named collateral was also public
as
months of 1898, 3,932 in 1897 and 4,0.31 in 1896. The before, and at higher rates than for good mixed
comparison is no less favorable so far as the aggre­ security, the bidding was less frequent, owing
gate amount of the liabilities of the failed traders is to the fact that the market was quieter. The
concerned. For 1899 the disasters are for the amount activity in call loans was reported to be partly
of $27,152,031, as against #32,946,565 for 1898, $48,- due to disturbance caused by the payment on
007,911 for 1897 and #57,425,135 for 1896. In the Wednesday of about $15,000,000 in connection with
case of some of the separate geographical divisions, the financing of the new American Smelting A Re­
the 1899 figures, in one or two instances, are larger fining Company. The activity was also somewhat in ­
than those of 1898, but taking the country as a creased on that day by an orror by a Stock Exchange
whole the showing is the best for nearly two decades; house, whose cashier miscalculated the extent of his

THE

CHK0N1CLE.

requirements, and therefore was compelled in the last
hour to obtain a much larger sum.
The week’ s range for call money has been 3 to 16 per
cent, averaging fully 7 per cent. On Monday and on
Tuesday the range was from 5 per cent to 7 per
cent, with the bulk of the business at 6 per cent. On
Wednesday the range was, as already stated, from 5
per cent to 16 per cent, with the ruling rate at 6 per
cent, though considerable sums were loaned in the
last hour at 8 and at 13 per cent.
Liberal offerings
by foreign bankers caused the rate to fall to 5 per
cent at the close. On Thursday the range was from
3 per cent to 13 per cent, with the bulk of the bus­
iness at 6 per cent. The higher rate was recorded in
the early part of the day, borrjwers apparently fear­
ing that money might be difficult to obtain in the
afternoon, but the general early satisfaction of re­
quirements tended to lessen the late demand, and free
offerings forced the rate to 3 per cent, though the
last loan was at 5 per cent. On Friday the range
was from 5 per cent to 15 per cent, with the
majority of the business at 9@10 per cent. Banks
and trust companies quote 6 per cent as the
minimum, though on Wednesday and thereafter
loans were made by them at nearly the highest
rates on the Exohange.
Time contracts on good
mixed Stock Exchange collateral are quoted at 4 per
cent for sixty to ninety days and 4@4£ per cent for
longer periods, according to the date of maturity and
the character of the collateral. For loans on indus­
trial security and where contracts are made, they are
at special rates.
One time contract made during the
week by a prominent down-town bank was a loan at 5
per cent for six months on a line of railroad
stock and bond collateral with an admixture of a few
hundred shares of a dividend-paying industrial stock,
the margin required for the whole loan being
40 per cent, instead of the customary 20
per cent on a good
mixed security
loan.
There is a better supply of commercial paper in the
market, but at the same time the out-of-town demand
is so urgent that the offerings are promptly absorbed
and there is no accumulation of names. The local
inquiry is only fair. Rates are 3^@4 per cent for
sixty to ninety day endorsed bills receivable, 4@4£
per cent for prime, and o@ 6 per cent for good four to
six months’ single names. The Chicago & Alton syn­
dicate will make another payment on account of the
stock on Monday, amounting to about $8,000,000, and
this payment will very nearly complete all the transfer
of money required for the purchase.
The European political situation has been without
important feature this week. There was the usual de­
cline in money rates at London, following the begin­
ning of the new quarter. The Bank of England
minimum rate of discount remains unchanged at 3
per cent. The cable reports discounts of sixty to
ninety-day bank bills in London 2£® 2fper cent. The
open market rate at Paris is 2$ per cent, and at Berlin
and Frankfort it is 3f@ 3£ per cent. According to
our special cable from London the Bank of England
lost £717,469 bullion during the week, and held £30,090,796 at the close of the week. Our correspondent
further advises us that the loss was due to the import
of £218,000 (of which £211,000 were bought in the
open market and £7,000 were from Australia) to ship­
ments of £775,000 net to the interior of Great Britain,
and to the export of £160,000, of which £100,000 was

[V ol. l x v i i i .

to the Cape, £50,000 to Uruguay and £10,000 to A r­
gentina.
The foreign exchange market has been dull and
generally easier this week. The absence of urgent
inquiry would seem to indicate that the demand to
remit for securities, which was reported to be one of
the important factors last week, has at least been
partially satisfied, and it has probably been ascer
tained that the remittances for the $20,000,000
Philippine payment are likely to be somewhat re­
mote. Bankers report the market insufficiently sup­
plied with bills of all kinds, but there seems to have
been but little more than an ordinary counter demand
for exchange. The only perceptible effect which was
produced until Friday by the active market for money
was shown in the light inquiry. On that day, how­
ever, the tone was weaker by reason of the high
money rates.
The foreign bankers have been
liberal lenders of money during the week, finding
it more profitable thus to employ their funds than in
the bujing of exchange. Gold imports reported at
the Custom House for the week were $72,471.
The range for nominal rates of exchange has been
from 4 85 to 4 85£ for sixty-day and from 4 87 to
4 87^ for sight, with the majority of the drawers post­
ing the higher figures. Rates for actual business
opened on Monday unchanged compared with those
at the close on Friday of last week, at 4 84^@4 84f
for long, 4 86|@4 86f for short and 4 87^ @ 4 87£ for
cables. The market was dull and the tone easy, but
there was no quotable change until Wednesday. Then
rates for actual business in short were reduced onequarter of a cent to 4 86^@4 86£, while those for
cables were half a cent lower, at 4 86|@4 87. No
change was made in rates for long sterling. The
market was dull and steady on the following day and
weak on Friday, when there was a redaction of onequarter of a cent in rates for actual business in long
and short. The following shows daily posted rates
for exchange by some of the leading drawers.
FBI
Mon
T o s s ..
Afar. SI, A pr. 3. A p r. 4
grown Bros....... 5 60 days
X
Sight..
S60 days
3aring,
Magoun & Co.. XSight...
ank British
\ 60 days
No. Am erioa.. XSight..
•ank o f
5 60 days
M ontreal........ ( 8ight...
anadlan Bank ( 6 0 days
o f Commerce.. i Sight..
Seldelbaoh.Iok- 5 60 days
elheimer < Co ( Sight..
x
aiard Freres.. J 60 days
i Sight..
Merchants’ Bk. S days.
60
’ aio'ht .
Canada

■iicn ;
£
|

642

4 -i6
4 37
*85)4
4 '7 *
4 SB
*87)4
4 SB
4 47
4 5*
*
4 85*
4 47*
4 6
4 7*

86*
87*
86)4
87)4

532
86
87
85
87
36)4
87).
85)4
97)4
85
8 7*

86«
87)4
95)4
87)4
85)4
87)4
86
87)4
85
87*
85*
87*
86*
87)4
85
87

W flb . T httt , FBI..
Apr. 6. A p r. 7.

A p r. 6.

85*
87*
8fi*
8 7*
f6K
87)4
85
87)4
85
87)4
85)4
87)4
86)4
87)4
85
87

85)4
87)4
85*
87*

S3

86
87)4
85
8 7*
8 5*
87)4
86)4
87)4
85
87

85
87
86*
87)4
86*
87)4
85
87)4
86
87)4
85
87
85)4
87*
86
87

The market was weak on Friday, with rates for
actual business 4 83|@4 84 for long, 4 86@4 86^ for
short and 4 86f@ 4 87 for cables. Commercial on
banks 4 83£@4 83£ and documents for payment 4 82f
@ 4 83f. Cotton for payment 4 82f@ 4 83, cotton for
acceptance 4 83^@4 83£ and grain for payment 4 83-J@ 4 83f.
The following statement gives the week’ s movement
of money to and from the interior by New York banks.
W eek E n d in g A p ril 7, 1899

* o ld ..........................................................
T o t a l g o ld and lesral te n d e r s ___

R eceived bv Shipped by
fV. f . Banks. N . Y . Banks.

N et In te r io r
M ovem ent.

$6,122,000
5 99 .000

4,808.000 G a in $ 1 ,2 5 4 ,0 0 0
1 15 ,000
4 8 4 ,0 0 0 G a in .

* 6 ,7 8 1 .0 0 0

16.352,000 G a in .S l,3 8 9 ,0 0 0

With the Sub-Treasury operations the result is as
follows.

THE CHRONICLE.

A p r il $, 1S99.J
M

U%H oj
B anks,

In to
Banks.

ifiruling d p r fl 7, 1889.

B a tik s’ In terior m o v em en t, » s a b o v e
S a b -T re a s u r y o p e ra tio n s — —........ ...

* 6 ,7 2 1 .0 0 0
3 3 ,3 0 0 ,0 0 0

I JSttl U/vang«
j B a nk H oldings.

f5 .3 5 2 .0 0 0 G l i i L f 1,369.000
2 4 ,7 0 0 ,0 0 0 L o « s .
9 0 0 ,0 0 0

T o t a l g o ld an d le g a l t e n d e r s ------- i*3 0. S31,000 * 3 0 ,0 5 3 ,0 0 0 G a in t

4 89 .000

The following table indicates the amount of bullion
in the principal European banka,
A m i 7, 1898.

A p ril 0, 1309.
B ank o f

Bold.

1
B n fla n d ......... *0.000,796
78,725,856
F ra n ce ........
Germ
• 27.318.000
-o.-: 7 .*
B a ssla .......
A .a*t--H an*‘y 85.969.ooj
S p a in ............. 11.842.000
Italy . . . . . . . . . 15.820.000
3,907, >30
If e th e r lands
3,063 000
Kat.B«UriQ2i

SlltVT.

Total.

M

1

48,159,317
14.073.000
4.752.000
12.531.000
11.681.000
2.350.000
8.867.000
1.526.000

30.090.798
ISO 98* IN
*1,391.000
IOS.3S9.OO0
48.400.000
2M 83*000
17.676.000
10.864.000
4.579.000

S o ld .

| S iivtr.

lo ta i

^

2
*
30,034,962 ................ 80,034.952
74,319.332'48,694.491 128.018323
28.558.000 14,712,000 43.270.000
114.38i.C00 4,318.000 118,699,001
36.625.000 18,544,000 49.169.00C
9,681,0001
10.710.000 20.341.000
15,331. OOO1 8,239,000 18^70,0- C
2,764,000' 6.980,000
f ,384,000
4,168.00'
2.778.0001 1.386.000

5£5

101939217 400 397.699 3L4.416.284 1025‘ 3.491 411.939 775
T ot.th is week m i
T o t . p t i i . w*k 300.964,981 103150247 404.106,168 317 619,118 103028,637 420,644,749

TH E WESTERN C IT Y E LE CT IO N S.

For various reasons the City of Chicago has in
recent years been one of the most important battle
grounds of contemporary politics. This is partly be­
cause of the violent fluctuation of electoral major­
ities during recent years.
From a Republican
plurality of a few hundred votes in 1888, Cook
County, Illinois, which is virtually the City of
Chicago, swung back to a Democratic plurality of
7,760 votes in 1890 and of 33,350 in 1892. Two
years later, in the political reaction of 1894 it polled
a Republican plurality of 51,395, which rose in the
Presidential election of 1896 as high as 69,913. These
are fluctuations quite as remarkable as any in the
checkered political history of New York City, which
is traditionally cited as an instance of electoral un­
certainties.
The mayoralty election of last Tuesday attracted
interest partly because of these wide fluctuations of
majorities, but chiefly because some reaction from
the recent Republican majorities was expected, as a
normal incident of politics, and because this expecta­
tion threw considerable doubt over the question,
what shape the reaction would assume. As it hap­
pened, the candidacy at Chicago was such as to em­
phasize this question, Ex-Governor Altgeld, who is
typical of the elements which created and clustered
about the Chicago Presidential platform of 1896,
entered the field with a vigorous campaign. It was
pretty plainly understood that the vote for him would
be taken as a measure of the city's endorsement of the
principles placed before the voter three years ago.
In opposition to Altgeld were nominated Carter II.
Harrison, the present Democratic incumbent of the
mayoralty, and Z. R, Carter, the Republican candi­
date.
The most striking part of the result was the rela­
tive insignificance of the vote cast for ex-Governor
Altgeld. In a total poll of more than 300,000 votes,
he received not quite 46,000. His Democratic oppo­
nent, Mayor Harrison, was chosen by' the handsome
plurality of 41,033 over his Republican antagonist,
polling a vote more than three times as largo as that
of Altgeld, This result is interesting as almost the
first direct test, in a large electorate, of the relative
strength of the two bodies of opinion in the party.
Mayor Harrison has taken a conservative position on
national issues; he has been publicly proscribed for
so doing by the adherents of the platform of 1896;
and the division of the vote between him and the
typical candidate of the radical faction of the party

643

is, therefore, an index of peculiar and timely interest.
The result of Tuesday's vote seems to be accepted in
Chicago as a positive indication that the conservative
element is in the ascendancy.
In our judgment the Chicago election means still
more than this. In Chicago, as elsewhere, the criti­
cal financial issue presented by the platform of 1896
drove a very large contingent of voters away from
their old affiliations and into support of the party
which had declared for sound money. Except in the
way already mentioned, the money issue was not pre­
sented in this spring's municipal election. Mayor
Harrison chiefly stood for re-election on the plea of
competent management of the city and protection of
its interests in the line of corporate franchise. It
was generally conceded that Mr. Harrison’s adminis­
tration had been successful and that the city would
be in safe hands with that administration continued.
The result of Tuesday’ s electoral figures shows that
in Chicago there is a very large part of the voting
constituehcy which is not so closely bound by party
ties that it will not support one whose administration
has been fairly satisfactory and therefore the best
candidate, regardless of previous affiliations.
Two other municipal elections of the week have
exhibited a similar tendency. At Cleveland, a city
where the municipal government of the last few years
has created great dissatisfaction among intelligent
voters, majorities were reversed last Monday as com­
pletely as they were on Tuesday at Chioago, and the
reversal is chit fly ascribed to the work of a non­
partisan citizens' association. At Toledo, on the
same day, a mayor who had been eminently successful
in city administration, who had stood for renomina­
tion and had been beaten in convention by political
leaders of his own party, and who had thereupon
taken the field as an independent candidate, was
elected by a very large majority.
Various inferences are drawn, as always happens
under such circumstances, from these several results.
It is natural, for instance, that the re-election of
Mayor Jones, of Toledo, should in many quarters be
ascribed entirely to his advocacy of municipal owner­
ship of city supply and transportation enterprises.
No doubt this attitude had a part in the result; so
may the attitude of Mayor Harrison, of Chicago,
towards the street-car franchises. But, on the other
hand, it must be remembered that the position of
these two officers on such questions created opposition
in some quarters while it attracted support in others.
The great bulk of the vote which shifted from one
side to the other in these two city elections was un­
questionably influenced by the fact that good city
government might safely be anticipated from the can­
didate in whose behalf the majorities were changed.
It Beems to ns that the week's Western elections
regarded from this point of view are extremely en
couraging to people who hope for better municipal
government. At Chicago in large part, and in Cleve­
land and Toledo wholly, the canvass was made on
municipal issues, and it was on questions of city
policy and the record of candidates in city adminis­
tration that the majority in the two most interesting
votes wag won. This of itself is a highly important
forward step. We have repeatedly pointed out that
good city government can be assured only when
national issues are ignored in city elections. The
Western city votes this week prove also, we think,
that this object can be attained most satisfactorily by

614

THE CHRONICLE.

[VOL. LXVIII.

placing municipal elections not only in a different three hundred and fifty pounds. The maintenance is
year from State and national contests, but in a to cost three thousand pounds per annum, o f which
one thousand pounds is paid by the Government in
different season of the year.
fees for the instruction of designated students.
This raises the whole question of the relation of
THE NEW NEEL FOR COMMERCIAL
specific education to the business in hand. It is clear
SCHOOLS.
that climatic conditions are to be met by expert
Rev. Heniy A. Stimson, D.P.
The tropics, as a leading commercial interest, have knowledge, and such knowledge will have absolute
come to stay. The temperate regions are sub­ control of the situation. This advantage extends to
stantially occupied; and while the increase of popu­ the trade itself. In no part of the world is exact
lation in some parts will develop increased wants, knowledge of the ways of the community more import­
they even now offer no very promising field for ant than in the tropics. In the temperate zones easy and
large outside investment and enterprise, while the extensive inter-communication has brought about prac­
overflow of population will seek tropical outlet, and tical uniformity of customs and needs. Yet even here
give new importance to the question of tropical con­ special adaptation of any article to the taste and ways
trol. On the other hand, the tropics have hitherto of a particular community always gives a decided ad­
lain largely outside the line of modern commercial vantage. In the tropics this adaptation is essential.
industry. While possessing far the largest variety of To-day in Central America the difference of a foot in
important products and tho most productive soil, the length of a flour sack is sufficient to divert the
they have been barely touched, commercially, by the entire trade in flour from America to Germany, as
modern world. Climate and distance have to some the long sack is adapted to transportation on the back
extent interfered; industrial enterprise has been of a mule, while the short sack, in which American
sufficiently occupied at home, and the rewards of in­ millers insist upon packing their flour, cannot be so
dustry and of enterprise have, for the present time, carried. The difficulties which in intelligent com­
been sufficiently large and sure to justify the neglect munities are so small as to be unimportant, will, in
ignorant communities, with old and settled ways, be­
of more remote or hazardous adventure.
But now a new day has come. What happened long come prohibitory. The slight recent mistake of
ago on the shores of the Mediterranean, and sent modeling the brand of a game cock upon an article
first the Phoenicians, the Greeks and the Romans, of large consumption in Mexico, after the American
and then the Venetians, the Genoese and the Portu­ bird, trimmed to the last refinement, instead of after
guese, seeking not only new markets but new open­ the Mexican bird, full feathered, with resplendent
ings for their young and virile life, finding itself too comb and wattles, proved a serious obstacle to its in­
crowded at home, has occurred in the modern world. troduction. American axe manufacturers do not
The most sluggish nations are caught in the current, offer the light, keen, perfected American instrument
and no land is so remote or so barren or unwholesome in tropical markets, but are compelled to imitate the
but it is coveted; and the race for territory and for clumsy, crude article to which the people there are
business is hot. Before the new conditions created accustomed. These are only passing illustrations of
by the Spanish War, one-third of the imports of the conditions which to-day at least are widely prevalent.
United States was from the tropics, and the annual And the control of the tropics for the future will
export trade, slightly as it was developed, was more largely depend ttpon the quick adaptation and intelli­
than one hundred million dollars.
gent study of their needs as they are to-day.
The best expert testimony is to the effect that the
This has long been recognized in Europe, and
dangers of the climate have been greatly exaggerated. special schools of wide influence already have been
Professor Alfred Wallace, after many years of ex­ established in Austria, Germany, Italy, Switzerland,
perience in the Valley of the Amazon, in the Orient Belgium and France, while England, in her lethargic
and in Africa, is emphatic in saying that to-day the manner, is now waking up in the effort to regain ad­
tropics offer the very best opportunity for Europeans vantages which to some extent she has already lost.
to live and thrive. He says definitely that the valley The question is by no means one of what may be re­
of the Amazon and the Rio Negros is the most prom­ garded as the ordinary commercial training. We have
ising on the globe, and that Anglo-Saxons can live a great abundance of so-called Business Colleges in
there with one fourth of the labor and far greater the United States; but it may be safely said that not
comfort than they can live in the temperate zone. one of the thirty thousand of the young men who
More recently Dr. Sambon has maintained before the to-day are attending them finds any opportunity of
Royal Geographical Society that there is nothing gaining the expert training which will enable him to
inimical lo Europeans in tropical countries, which, compete with the graduates of the commercial schools
even in Africa, cannot be prevented by hygienic across the water. The Business College with us is
measures. The chief obstacle is the malarial microbe, largely devoted to the technical routine of ordinary
and he says lhat no one can doubt that the careful business conditions, while in Europe the emphasis of
study now going on as to the life history of this commercial education is thrown upon schools of the
bacillus will greatly reduce the European mortality. highest grade, which in some instances are already
As a new illustration of the way in which European worthy of being called universities, where the broadest
people are now dealing with these tropical questions, commercial education is given and the widest oppor­
it is interesting to note that Great Britain is now tunities for extensive attainment. So important has
opening an institution for the study of tropical dis this higher .form of commercial education come to be
eases, in London. It is connected with the branch regarded, that the great University of Leipzig has
hospital of the Seamen’s Hospital Society, near the already opened a distinct department for commerce,
Royal Victoria Docks Thirteen thousand pounds and the cities of Magdeburg and Cologne are pre­
sterling are to be spent on the plant, toward which paring to establish definite commercial universities.
the Colonial Office contributes thirteen thousand The Government of Italy subsidizes the higher com-

A pril 8, 1899.]

THE

C H R O N IC L E ,

645

mercial school of Venice selecting its consuls from in his business has as completely passed as has the
its graduates, as Belgium does from the graduates of day when it was sufficient for a master workman to
have been taught by the rule of thumb. Scientificallythe higher commercial school at Antwerp.
The pressure ol this new form of highly trained trained engineers, electricians, chemists and machin­
commercial competition is already seriously felt in ists are no less needed than are merchants who have
England. Sir Philip Magnus, in a recent work on in­ the broadest and most thorough education in their
dustrial education, says: “ The increasing severity special departments. The laws of political economy,
of the competition, both in our home and in neutral the economics of transportation and of cambistry
markets, is especially noticeable in the case of Ger­ are as essential to the business man as are the laws
many. In every quarter the perseverance and enter­ of celestial mechanics to an astronomer. The time
prise of the Germans makes this felt. In the knowl­ has come when American merchants, whose intelli­
edge of the markets of the world, the desire to ac­ gence and enterprise and fertility of resource have
commodate all local tastes and idiosyncrasies, the already given them such a world-wide reputation,
determination to obtain a footing wherever they can, should recognize the necessity of providing facilities
and the tenacity in retaining it, they appear to be of education for the young men who are to succeed
gaining gTound upon us. And this advance of Ger­ them, which will enable them to take the place which
man trade doe3 not appear to be owing to any falling their fathers’ ability has opened for them. If our
off in the efficiency of the British workman, but carriage makers, for example, have proved it to their
solely to the superior fitness of the Germans, due ex­ interest for years past to maintain a special school of
clusively to the more systematic training they receive design, has not the time come when our boards of
in mercantile pursuits, and especially the knowledge trade should establish commercial schools worthy to
of foreign languages. * * * Attention has been be compared with those of other lands ?
called in the Government reports to the importance
of possessing an army of commercially trained agents
M U LTIPLICATIO N OF IN DU STRIAL
who are able to discover foreign markets, to inform
ORGANIZATIONS- OR TRUSTS.
English manufacturers in regard to the requirements
Unquestionably there is no more striking or note­
of those markets, and to follow the style of their
worthy feature at the moment in the country's in­
tiome goods.”
The founding of the schools which meet this new dustrial and financial affairs tha" the prominence
need has not been left to the European governments. which the industrial combinations or trusts have
On the contrary, in most instances they have been assumed. The influence of that feature has become
founded by local boards of trade. The Chamber of all pervading. On the Stock Exchange speculation
Commerce of Paris supports the three great com­ in the securities of those newly-creatcd concerns
mercial schools of that city, and the London Cham­ dominates everything else, and the whole list is
ber o f Commerce is now planning a commercial col­ held in subjection to their movements. In the
lege of high grade. The commercial schools of money market great derangement has been caused
Switzerland are either independent or supported by (as the high interest rates attained this week testify),
the cantons, though the State grants them sub­ first by the needs of the promoters of the undertak­
sidies, and the testimony of the reports is that ings in their financial operations, and secondly by
everywhere in Europe the governments are pressed the quite obvious manipulation of the prices of the
by the business community to establish these higher shares of some of them, and a growing disinclina­
commercial schools and support them by State funds. tion on the part of the banks and financial institu­
Everywhere they have already formed higher schools tions to accept them as collateral for loans. With it
pf technology, forestry, agriculture and the like; and all, the ardor of those engaged in forming these in­
now that the demands of business have become dustrial corporations has not cooled, and to-day the
equally pressing, the governments are recognizing movement, notwithstanding the obstacles enumer­
them. The immense progress which the natural ated, is progressing as actively as at any previous
sciences, technology and transportation have made in time, !f not more so.
Tn our issue of March 1 (pages 399 and 400) we pub­
recent years has given to the commercial profession
an importance which could not be foreseen. More lished a statement showing the number and extent of
than ever before it has become the merchants’ duty these organizations announced during the first two
to act as middle men between producer ami con­ months of the year. It was found that on a very con­
sumer, and a wider scientific knowledge, as well as a servative basis the aggregate authorized capital of the
more exact intelligence, has become indispensable.
companies formed in this way during these two months
Testimony like the following is now not uncom­ represented over 1,100 million dollars. As another
mon: A French manufacturer, commenting upon month has elapsed since then and the movement has,
the work of the Paris school, says, “ You have just as stated, continued, and in fact gained in force, it
organized a system of accounting which ha3 enables seems desirable to bring this statement forward so as
me to reform my system of manufacture. In conse­ toineludethe additional new incorporations, and thus
quence, I have diminished my capital, reduced my cover the first quarter of the current calendar year.
business expenses, cut down the useless general It is proper to say that in thus presenting a new ex­
charges, increased the general productive charges, hibit we have adhered strictly to the rules laid down
perfected my equipment, interested my personnel in the preparation of our earlier statement. We have
and my laborers in the welfare of my enterprise, so avoided the temptation to swell the list by including
that to-day I find it to my advantage to manufacture companies that do not properly belong in it. State­
in Paris, and the foreigners purchase of me.”
ments have been published showing (or attempting to
Without wishing to under-estimate the primary show) the total of all capital incorporations. I f we
need for experience, it is safe to say that the time followed this plan we would obviously obtain yet more
when it was sufficient for a business man to grow up striking figures, bnt the real extent of the movement

646

THE CHRONICLE.

fVoL. LXVIII.

we are trying to measure would be exaggerated and different category. In revising our list, too, we have
the value of the compilation (for our purposes) be eliminated some of the companies previously in­
impaired. The movement is large enough in all con cluded, but which later developments have shown are
science without attempting unduly to add to its pro­ not likely to be carried through. Thus the American
Brass Company ($20,000,000 capital) does not appear
portions.
Our purpose has been to indicate only the new in in the table this time because we cannot find that this
corporations which represent “ combines ” (that is. undertaking has come to fruition. The American Pot­
the amalgamation of two or more concerns or busi­ teries Company, which on more than one occasion
nesses in a single company), or which aim at a mo­ seemed at the point of failure, appears now definitely
nopoly in the field they are undertaking to occupy to have come to grief. The American Cereal Com­
The incorporations in the ordinary way we have dis­ pany had already spent a good deal of money in ad­
regarded. There are always more or less of these, even vertising, when, just before the publication of our
in the dullest times, and their number and extent is a earlier statement, the announcement came that be­
matter of comparatively small importance.
The cause of the inability of the organizers to enlist
owner of a private business will convert it into the sufficient financial support the plan would, for the
corporate form to ensure against the contingency of present, have to be abandoned, and we therefore left
his death or to facilitate the disposal of a portion of it out then. We need hardly say that combinations
it to new hands. With such incorporations we are which have not yet been definitely matured, like the
not concerned on the present occasion. Nor is it a proposed union of the safe concerns, or that of the
matter of any moment what companies may have been fine paper manufacturers, or the carpet trust, or the
formed in the carrying out of new ventures or the worsted yarn trust, likewise form no part of our ex
starting in business of new people.
hibit. We have taken no company with an aggregate
It may surprise the reader to see how greatly the capital of less than a million dollars.
list is reduced in this way. As indicating what ha3
With these remarks, we present our table.
It
been excluded, we will say that we have not taken, for should be understood that it covers only the period
instance, the Great Northern Paper Co., organized since the 1st of January. The new combinations an­
under a special charter granted by&the State of Maine, nounced during the year 1898 were reported in our
with a capital stock of $4,000,000, and which pro­ issue of January 7.
---------------- C apital A u th o rized . poses to build mills on the Penobscot River for the
Com . slock .
JPref. stock.
B on d s.
s
p urpose of making news paper. The Park Steel Com- Am. Automatic W »igh’g M. Co.. §675,000
$
8675,000 cum.
5,"0 *,000 non-c.
pany, with a capital of $10,000,000 (formed to take A m tr can Beet Sugar C o . . . . — 15,'>oo,00-i 6,000,000 non-c.
American Brick Co.......................
4,000,000
American
over the private business of Park, Brother & Co., of American Car &CFoundry Co ....... 30,000,000 30,0^0,000 non-c. 8500,000
Felt. o......................... *5,000,000
Pittsburg, which has been in continuous existence American Ice Co...... ......................*60,000,000 1.500.000
American Last Co.........................
2,000,000
Amer Lighting & Fixture C o .... 9,000,000
6 .0 0 0 . 000 cum .
for 39 years), and a portion of whose securities American Radiator C o ................. 5,000,000
5 .0 0 0 . 000 cum .
Ameiican Saddle C o ....................
',000,000
8 00 .000 cu m .
Messrs. Baring, Magoun & Co. offered for sale last American School Furniture C o .. *10,000,000
1,5 0 0 .00G
American Shipbui'dine Co . . . . . . 15,000,000
1 5 .0 0 0 . 000 n o n -c.
5 .0 0 0 .
000
month, should perhaps be included in the list, since American Silk Manufact’g Co__ 7,500,000
Amer. -melting ft Refining C o ... 32,500,000
3 2 ,500,000 cum .
American t-oda Co........................
750,000
2 50 .000 cum .
i t represents the enlistment of outside capital in what Amer. Steel & Wire Co. o f N. J.. 50,000,000
4 0 .0 0 0 . 000 cum .
o.................... 40,000,000
was previously a private concern. But, to conform American W oolen C ................... 15,000,000 2 5 .0 0 0 . 000 cum .
Bethlehem Steel Co
N one.
Borax
4 .0 0 0 . 000 cum
strictly to the rules laid down, we omit it. Then there BostonConsolidated .................... 3,000,000
Breweries Co
.............
4,000,000
7 .5 0 0 .0 0 0 cum .
7,E 0 .0 0 )
‘ entral Union Gas
are such incorporations as the Severy Process Co., with Columbian E'ectric(Natural G^s) 14,000,000 1 0 .0 0 0 . 000 cu m .
Car-Lighting
& Brake C
....
10,000,000
N on e
a capital of $7,500,000, intended to exploit a process Compressed o.................... Co........ 13,500,000
A ir Capsule
1.500.000
Continental Cement C o.................*10,000,000
fordoin g away with “ making ready” in printing; Consolidated Street Car Co......... 10,000,000
8 .0 0 0 . 000 cum .
Electric Boat Co............................ 5,000.000
5 .0 0 0 . 000
the Empire Steel & Iron Company, with a capi­ Electric Co. Of America . . . . ___ 25,00e,000
N one.
1 2 ,500,006 noi.-e
Federal Sewer Pipe C o . . . . . . ....... 12,500,000
tal of fo 000,000; the Boston & Seven Devils Copper General Chemical C o................... 12,500,000 1 2 .5 0 0 .0 0 0 cum .
HnvanaCommT (Cuban tobacco) 12,500,000
7 .5 0 0 .0 0 0 cum .
600.000
Co., with a capital of $5,000,000 (to do a general mir­ International Power C o ................ 7,400,000
5,0C0
International Steam Pump C o ... 15,000,000
1 2 .500.000 cum
Kentucky Distiil’s
ing, smelting and manufacturing business); the Maryland Brewing & Wareh. Co. 20,000,000 1 2 .0 0 0 . 000 cum
Co..................
3,250,000
3.250.000
0,001
Mercha».ts’ i»i-trib.
2.500.000
Columbia Refrigerating Co., with a capital of National Carbon Co & Distil. Co. 2,500,000 4 .5 00.000 non « .
5,500,000
Nat’l Enameling & Stamp’g C o ..
$3,000,000 (to manufacture refrigerating cars, ap­ National Fish C o........................... 20,000,000 10.000. 000 cu m .
*3.000,000
•
’alt C
7'000,000
pliances, etc.); the American Warp-Drawing Machine Na ionnl Screw o .......................... *10,000,000 5 .0 0 0 . 000 n e n c
National
Co........................
National *teel Co.......................
32,000,000
7 .0 0 0
000 cum
Co., with $3,000,000 capital; the Isle Royale Copper National straw Board Co............. 3,000,000 28 .0 0 0 .. 000 cum
Nat. '• in Plate & stamp. Ware Co. 10,000,000
1 0 .0 0 0 . 000 cu m .
Co., with $3,750,000 capital; the White Motor Wagon, National Tube Co
30,000,000
3 0 .0 0 0 . 000 cu m .
N. E Elec Vehicle & Trans. Co.. *5,000,000
N one
withacapital of $10,000,000; the Independent Electric New York Auto-Truck Co............ 10,000,000
N on e.
N. Y. Electric Vehicle Co............ 25,000,000
N one.
Light & Power Co. of San Erancisco, with $10,000,000 N. Y Gas & Elec Lt Ht. & Pow. 36,000,000
36,000 000
N one.
Pacific American Fisheries C o.. . *5,000,000
Brewing
6.500.000
6,5G0 000
capital; the Acker Process Co. with $3,000,000 capi­ Pittsburg Laundry Co................... 6,500,000
Pittsburg
Co..................
1,r 50,000
.
1.750.000 cum .
Pressed
12,500,000
1 2 .5 0 0 .0 0 0 non-c.
tal; the Acker Process Patent Co., with $2,000,000 RepublicSteel Car Co.......... .
Iron & Ste-1 Co............. 30,000,000
2 5 .0 0 0 . 000 cum .
Royal Baking
capital; the Continental Cotton Oil Company, with Rubber Goods Powder Co............ 10.000,000 1 0 .0 0 0 .. 000 cum ..
M anufacture Co. 25,000,000
2 5 .0 0 0
000 cum
Springfield (Mass Breweries Co. 1,150,000
1.150.000 cum .
1,150,006
$6,000,000 capital;— all these and many more are in­ Standard Sardii e )Co..................... *5,000,000
Union
16,000,000
cluded in some of the published lists, but we exclude United Bag & Paper Co................ *20,000,000 11.0 0 0 . 000 cu m .
Fruit Co.............................
United Electric Co. o f N J.......... 20,000,000
20,000 0 )0
N one.
them for the reasons already stated, or because we United Light‘g & Heat’g (oil I t ) 6,000,000
6 .0 0 0 . 000 n o r .c .
United Shoe Machinerv Co . . . . 12.600,000
1 2 .500.000 cum .
have been unable to learn anything definite about U. S. Cast Iron Pipe & Foundry.. 15,000,000 1 5 .0 0 0 . 000 n o n .c.
U. S. Dyewood & Extract Co....... 4,000,000
6.0 0 0 . 000 cum .
them. The National Cash Register Co., with $5,- United States Varnish C o........... 18,000,000 18.0 0 0 . 000
United Zinc & Lead Co................. 5,000,000
1.0 0 0 .
000
10, 000,000
000,000 capital, is another incorporation omitted, since Virginia Iron Coal & Coke C o .... 10,000,000 N one.
T otal..
....9 2 2 ,4 <5,000 512,975,000
90,8” 8,000
.
the organizers take particular pains to state that the
•Total stock issue.
company is not a consolidation of other similar con­
RECAPITULATION.
A m oun t o f c o m m o n s t o r k . . . , , .................... ............................ .
392 2 475 000
cerns.
Amount o f preferred stock .. . ...........................
5 1 9 ’or 5 OOO
Amount o f bonds............................... ................ ......
.............. .................... . .V.V.7.7.7.V.
Of course, also, we do not include railroad com­
Grand T otal..........
$1,526,325,00)
panies or consolidations of street railways and trac­ A M increase in .took o f American Tobacco Co.' '(inii-eased'
from $35,000,000 to $70,000,000).. .................
35,000,000
tion companies, the latter of which have been Increase In stock o f Continental Tobacco Co. (from $75,000,000
to $100,000,000)........................................ ................. .............
25,000,000
unusually numerous of late. They belong in a
$1,586,825,000

A p r il 8, 1899.J

THE CHRONICLE.

617

The foregoing show3 an aggregate for the three vance amounting to 7d. in the £, or 2'91 per cent,
months of, roughly, one and a-half thousand million thus restoring the rate prevailing before the reduction
dollars— in exact figures, $1,526,325,000. If to this accepted in March 1893, after a prolonged strike.
we add the increase of $35,000,000 in the stock of the Peace is thus assured in the spinning branch of the
American Tobacco Company and the proposed in­ industry for some time to come. The advance has
crease of #25,000,000 in the stock of the Continental been granted upon the understanding that the opera­
Tobacco Company, we get a grand total of new cap tives’ unions are to consider seriously a proposal of the
ital creations on the conservative basis outlined above employers for the establishment o f a permanent joint
of #1,586,325,000. This is at the rate of over 500 mil­ board, through the medium of which the rates of
lions a month, or six thousand millions a year. That was wages will in future rise and fall, according to the
the rate indicated by our statement for the first two state of the trade and the fluctuations in the margin
months, and the rate has been more than maintained between the prices of cotton and yarn. This provi­
in March. In the whole of the calendar year 1898 we sion is aimed at the position assumed by the unions
last summer, when they contended, or at least ap­
found new capital additions of 916 million dollars.
While figures of such magnitude plainly suggest peared to contend, that the mere fact that the trade
caution and a warning against overdoing the thing, was being carried on unprofitably was not itself suffic­
an indiscriminate tabooing of industrial enterprises in ient to justify a redaction. If the proposal should
general would by no means be justified. There are be adopted, it will become an additional article of the
undoubtedly concerns of considerable merit in the Brooklands Agreement, already referred to in this
list. The good should be differentiated from the bad correspondence, which has done so much to regulate
and from those which have no claim to confidence.
and to -settle peacefully labor difficulties of various
It will be observed that on the present occasion we kinds in thiB industry.
have carried our analysis a step further and show the
It may fairly be claimed that the agreement, to­
amounts of the common and preferred stocks sepa­ gether with the calmness and ability of the leading
rately. It Is customary to say that the preferred 1representatives on both sides by whom it is adminis­
stock represents the cash value of the concerns in­ tered, has placed labor negotiations in the English
corporated, the common stock the assumed value of cotton spinning trade on a very high plane so far as
the good-will. But while this may be true in a good the dignity and the reasonableness with which they
many cases, it is not true in all. We might point are conducted are concerned. In addressing the
to several instances where the amount of the pre­ joint conference at which this settlement was agreed
fers d stock is so small that itcannot be viewed in that j upon, the President of the Federation of Master Cot­
light. Moreover, there are many companies which have I ton Spinners presented some interesting figures illus­
issued no preferred stock whatever. In a few cases |trating the scanty reward falling to the lot of its
we have foand ourselves unable (the officials being ; members during the last ten years. They are shown
secretive and nou-communicative) to indicate whethor in the following table, which gives the aggregate
there was preferred stock or not. Where we know’ balances in the profit and loss accounts of the spinning
definitely that there is no preference stock the fact is companies whose accounts were published in each
indicated in the table. The bond issues are compar­ year from 1889 to 1898, inclusive.
P ercen ta g e R etu rn
atively small and infrequent. But that simply indi­
o r h o ts on
p
P r o fil o r L o t t
P e r C o m . C a p it a l i s a ti o n .
cates the present status. We should expect these T e a r . C oem o rat nnie s.
R p
i g
A e e o u n l.
Panu.
£
e. d .
to increase later on, when business becomes poor and 1 8 8 9 ......... 8 6 .......... P r o f it £ 2 2 0 , 5 * 7 ............... £ 2 . 5 0 " ................... 0 1 2 0
1 8 9 0 ........... 9 0 ............ P r » * l
3 7 0 .0 4 1 .............. 4 . 1 7 7 ..........
10 18
O
1 0 , 7 6 4 ................
1 0 0 ................... 0 0 0
the companies get pinched for cash. Altogether, the 1 8 9 1 .......... 9 3 ...............P r A t.
1 0 9 2 ............ 9 0 ..............U>
1 0 1 ,4 3 1 .. U m 1 , 1 2 7 ____ L o n s 2 1 0 1 1
total of #1,586,325,000 is made up of #969,975,000 1 8 1 1 3 ............. 9 3 ................7 2 ,7 0 3 L o * * 7 8 2 .................................. L o s s 1 1 8 9
1 8 0 4 . ............. 9 3 ...............L o t * , . . .
1 5 ,8 3 7 ., L o s s
1 7 0 .......... L o s s 0 8 2
common stock, $525,475,000 preferred stock and $90,- 1 8 9 5 ............... 9 8 ...............1’ r . f l t . 0 3 , 3 2 9 ............... 0 0 7 ..................... 1 1 2 6
1 8 9 8 .............. 9 2 ..............P r r f lt
4 8 , 7 7 3 ...............
5 0 3 ...................... 1
4 4
875,000 of bonds.
1 8 9 7 .............. 7 9 ............ P r o f it . 1 4 7 .7 2 4 ................... 1 , 8 7 0 . . . . ........... 4
9 0
1 8 9 3 .............. 7 0 ............ . P r o f i t - . 2 3 1 , 5 1 8 ............... 3 , 3 0 0 .................. 7 11
2
In connection with the preference shares we have
indicated one other fact, namely, whether dividends | These results ri fer almost exclusively to mills en­
are cumulative or not. It will be noted that most of gaged in spinning medium or low medium counts
them are cumulative.
This is very important, since ) from Ami rican cotton. The production of the finer
it diminishes the char.ce of the common stock getting |counts from Egyptian or other long stapled material
returns. For if we assume that in times of business is almost *ntirely in the hands of private partnerships,
depression dividends on the preference shares will often and it is certain that this branch of the industry has
have to be reduced or suspended, it follows that with fared very much better during the last ten years than
a recurrence of business activity and prosperity the that represented in the preceding table. It should
surplus will first be needed to make good snch ar­ also be stated that many of the companies whose
rears of dividends on these preference stocks, instead accounts are included in it havo for many years been
of being available for dividends on the common stock, accustomed to charge their profit and loss accounts
very insufficiently for depreciation of plant. The
consequence is that the profits shown are somewhat
THE WAGES DISPUTE IN THE ENGLISH
in excess of their true amount, and the losses corres­
COTTON INDUSTRY—A N EW OFFICIAL COM­
pondingly too little. This iB admitted by the repre­
MERCIAL DEPARTMENT IN LO N D O N sentatives of the workpeople, but they contend that it
THE ENORMOUS EXCESS OF BRIT­
ISH IMPORTS OVER EXPORTS
is not their fault if the present more favorable condi­
IN ISOS AND ITS LESSONS,
tion of the spinning trade is hampered by an exces­
M a . c h e s t k r , March 22.
v
sive over-valuation of plant which has been at work
The threatened wages war in the Plnglish cotton for some years.
industry has happily been averted by an agreement
The claim for an advance of wages in the weaving
arrived at two days ago. The employers have con­ branch of the cotton industry remains still unsettled.
ceded the reduced claim of the workpeople of an ad­ It has been increased from 5 to 10 per cent, but little

648

T IJ E

C H R O N IC L E .

is heard of the claim being pressed, and apparently
the workpeople have not yet made up their minds to
bring the matter to the point of a firm and resolute
demand. The “ margin” is on the whole considerably
better for the employers than it was six months ago,
and the production is to a large extent well sold for­
ward. But their position in respect of profit is widely
different in the various departments, and there are
some in which, notwithstanding the general improve­
ment in the Manchester market within that period, the
pricesof yarn and cloth are still too near to afford more
than a scanty remuneration to the manufacturer.
A new development in the way of official co-opera­
tion between the Government and the commercial
and industrial interests of the country was announced
by Mr. Ritchie, the President of the Board of Trade,
on the 15th instant, at the annual dinner of the
National Association of Chambers of Commerce. He
presented the scheme only in the barest outline. A
Commercial Department is to be established under
the auspices of the Board of Trade in which all avail­
able information bearing upon commerce, especially
that with foreign countries and the British colonies,
is to be gathered, arranged and made immediately
available for business men. The department is to be
under the control of a composite committee whose
members will be drawn from the permanent staffs of
the Foreign Office, the India Office and the Colonial
Office, and a certain number of competent represent­
ative men engaged in trade and industry will be
added. The precise functions of the committee have
not yet been defined.
The scheme appears to have been shaped very
much in accordance with one submitted to Mr. Glad­
stone’ s Government early in 1893 by the Manchester
Chamber of Commerce. At that time it was proposed
to form some such committee as that now fore­
shadowed for the purpose of advising the Govern­
ment upon questions relating to the external trade of
the country in respect of treaties, tariffs and commer­
cial conventions; trade routes and arrangements with
foreign railways and shipping companies; transit
dues and charges, and trans-shipments. There were
to be twelve members, three of whom should be p er­
manent officials, and the rest representatives of the
cotton, woolen, iron, hardware, shipping, food and
chemical industries, besides one representative each
of special Scotch and Irish industries. Five mem­
bers, including the official ones, were to be appointed
absolutely by the Government, and all the remainder
by the President of the Board of Trade on the nom­
ination of chambers of commerce, which were to sup­
ply names for selection. In commending its scheme,
the Manchester Chamber said: “ Year by year our
foreign trade is becoming more complicated, and if it
is to be effectively maintained, it is urgent that for­
eign commercial questions should be closely watched
and considered by a specially appointed expert com ­
mittee.”
The proposal was not adopted by Mr. Gladstone’s
Government, although it was credibly stated at the
time that Mr. Mundella, the then President of the
Board of Trade, was entirely favorable to its accept­
ance. Since then the exigencies clearly discerned
by the Manchester Chamber have become more
marked and more pressing. International commerce
and international industrial rivalry have been accen­
tuated and quickened, demanding greater vigilance,
prompter aotion and special knowledge which per­

[V ol , L X V III.

sons trained in the public service seldom possess. To
changes such as these the departure now announced
may be attributed. So far men of business have not
discussed it much. They are awaiting the fuller un­
folding of the scheme.
The huge proportions reached last year in the ex­
cess of imports over exports of merchandise and
treasure in the statistical accounts of British external
trade have revived an old controversy as to the signifi­
cance of this constantly recurring feature in the
national accounts. Of merchandise the imports were
£176,594,207 more than the exports, and of gold and
silver, £6,185,558, making altogether an excess of
£182,779,765, against £156,106,232 in 1897 and
£139,055,327 in 1896. Some deduction ought to be
made from these amounts for the value of the ship­
ping built in the United Kingdom for foreign or
colonial owners, or transferred to them from the
British register. Allowance should be made, too, for
the fact that whilst the imports are valued as landed
after payment of freight, the exports are entered at
their value without freight. But even if it were pos­
sible accurately to make these adjustments, they
could not materially alter the variation in the excess
of imports from year to year. How then are we to
explain the enormous difference between the excess
of 1898— £182,779,765—and that of 1896— £139,055,327? The difference is £43,724,438, and it would be
beyond belief that so large a sum represents nothing
more than the increase, within a couple of years, in
the earnings and profits of British capital, and pay­
ment for British services outside the Kingdom. The
conclusion seems inevitable that there was some sub­
stantial homeward withdrawal of capital during 1898.
In the course of the discussions to which this
phenomenal increase in the excess of imports has
given rise, one has occasionally heard echoes of that
exploded doctrine that it is an indication that the
country is “ living upon its capital.” But no one
seems to take it seriously to heart. There is, how­
ever, a possible explanation of it, not hitherto put
forward, so far as I am aware, which accords entirely
with the general course of English trade, home and
foreign, last year. It may be worth while to consider
it, because if it be well founded, one may find that it
throws much light upon the rationale of fluctuations
in the foreign trade of all the great commercial coun­
tries having important international trade relations.
The course of British industry and trade during
1898 was marked by two striking facts. In the first
place the productive energies of the country, as a
whole, were never so fully or so fruitfully employed.
In few industries was much time lost. The harvest
of the United Kingdom was the most abundant
known for a long time past, some experienced ob­
servers said for thirty, others for forty years. Y et the
imports of food and drink were larger by £14,688,277
than in 1897. Those of raw materials of manufac­
ture were greater by £2,068,308, and of manufactured
articles by £1,985,064. Such figures suggest, what
is indeed the fact, that the consumption of the means
of living, and of the raw materials of industry was
unprecedentedly large. In harmony with these indica­
tions are the statistics of employment collected by
the Labor Department of the Board of Trade, and
those of railway traffic and bankers’ clearings, all of
which afford evidence of activity in the industries and
the home distributing trade exceeeding any before
known.

THE CHRONICLE.

A pril 8. 1899.

But, secondly, the exports of British productions
during 1898 were less than in either of the two imme­
diately preceding years, haring reached only £233,390,792, against £234,219,708 in 1897 and £240,145,551 in 1896. The changes in the general prices of
commodities during the last three years go to show
that the volume of the exports has diminished to an.
extent even greater than that shown in these figures.
The index numbers of English prices prepared by Mr.
Augustus Sauerbeck, the most trustworthy we pos­
sess, were 64 for 1898, 62 for 1897 and 61 for 1896. It
may fairly be assumed, therefore, that the decline in
the exports of British productions was more than is
indicated in the official statistics, which are based on
current prices as declared by exporters. What is the
explanation of the singular fact that whilst the in­
dustries of a country engaged to a degree unknown
elsewhere in producing for foreign markets have
been employed almost to their full capacity, the ex­
ports have fallen off to quite a remarkable extent?
Unquestionably it is that these industries have been
engaged, more than ever they were before, in produc­
ing for the home markets. Evidence abounds on all
hands of extraordinary activity in investment of capi­
tal during the past year in machinery, plant, build­
ings and other forms, designed toextend and improve
the means of future production. Theie is no more
trustworthy sign of variations in this kind of activity
than the fluctuations in the consumption of iron and
steel in the innumerable forms under which they are
utilized. Now it is a well-known fact that the fur­
naces, forges and engineering and ship-building works
of the United Kingdom were never so busily, or
so productively, employed as they were in 1898.
Yet
the
entire
value
of
the exports
of
these materials, notwithstanding a rise of prices,
was but a trifle more than that of the year before,
although in 1897 the iron and steel industries were
completely disorganized, and more or less idle for
many months in consequence of the great strike in
the engineering industry. The following figures
give the value of the exports of iron and steel, engines
and machinery in each o f these years:
1897.

1898.

Export* of Iron and atoel..__ .. . . . . . . . . . . £24,841,518
E x p o r t * o f e n g in e * a n d m a c h i n e r y .............

£22,610,092

1 6 , 2 5 5 ,0 0 2

l e .3 8 0 .0 7 6

Total......................................................... . £ 1 0 ,8 97,119
Increase In 1898 . . . __. . . . . . . ............................................... .

£1 1,02 0,168
123,( 50

Thus, although the productive capacity was fully
employed in 1898, and but very partially employed
in 1897, the exports of 1898 were only £123,050, or
•3 (3-10 of one) per cent more than in 1897. It is
clear, then, that the home demand for these forms
•f wealth must have been enormous. A very con­
siderable proportion of the iron and steel produced
last year was used in the construction of ships and
of their engines and general equipment. The number
and tonnage of the vessels launched at all of the
ship building yards of the Kingdom during each of
the past two years were:
1807,--------X o.

Merchant and r>th*rvessel*........501
W a r s h i p * . G o v e r n m e n t y a r d s .........
4
.
W a r s h i p s , p r i v a t e y a r d .* ,.............. .. 4 4
44

T o t a l............... .............................639

1 8 9 8 .- ----- .

Ttmx.

N o.

T o n i.

952,486
31.885
03,580

60S
S

1,159*751
66,370
97,588

1.047,591

751

1,323,709
275.758

47

But in other directions the consumption of iron
and steel has also been markedly in excess of previous
years. In the metal and engineering industries
themselves, manufacturers, stimulated by American
example, have been busy improving the blast fur­
nace plant, and all branches of their business in
which machinery is employed. The same efforts to

619

bring their means of production to the highest state
of efficiency has been observable in other manufac­
turing industries. Then, too, building and rebuild­
ing have been exceedingly active in almost every
manufacturing and mercantile centre. Bailway com­
panies also have bought largely of permanent way
materials and rolling stock.
And o f course the
great increase in the aggregate earnings o f the masses
of the people, implied by all this activity, implies
also a substantial enlargement in the quantity of
food, clothing and household necessaries distributed
throughout tho country, implying further a greater
consumption of imported food and manufactures
both imported and of home production.
The general inference to be drawn from the salient
features of British trade and industry during the
past year is that the prosperity or lack of prosperity
of a great industrial and commercial people can never
be correctly measured by the fluctuations in its ex­
ports from year to year. Its exports m aybe large
because its home trade is slack, and, conversely, they
may be small because it3 home demands for the prod­
ucts of iudustry are unusually great.
It follows,
then, that the relative efficiency of various nations
as competitors in the markets of the world cannot
be justly gauged by a comparison of their exports
without reference to tho contemporaneous condition
of their respective homo trades. One may, perhaps,
venture to suggest, therefore, that the extraordinary
increase in recent years in the exports of American
manufactures may be partly accounted for by the
comparatively slack condition of tfte home markets.
There is plenty of evidence that the progress in in­
dustrial efficiency in the United States has been
almost marvelous in these years, and no one can
doubt that tho increase of competitive power, of
which it is a proof, has come to stay, and is destined
to grow. But at the same time one ought not to
be surprised should the incroasc of exports of manu­
factured goods become less marked if the improve­
ment in the homo markets and the accompanying
advance of prices continues.
ITEMS A B O U T BANKS, B A N K ER S AND T R U S T C O ’S.

Bank and trust stocks have this week been bought at pub­
lic sale to about the usual extent. The total thus sold reaches
952 shares, of which only 100 shares were at the Stock Ex­
change, the remainder being at auction. Some of the trans­
actions show noteworthy advances. Ten shares of the
National City Bank sold at 1,850; the last previous sale was
at 1,6 2 in March 1899. Ten shares of the Fifth Avenue Bank
sold at 8,210; the last previous sale was at 3080 in February
1899. Fifty shares of the Hide & Leather Bank sold at 118;
the last previous sale was May 1 1808 at 85. Twenty-five
shares of the Lincoln National Bank sold at 860; the last
previous sale was February 1899 at 760. The following is a
statement o f all the sales made this week, together with the
last previous sale of the same stock. W e propose hereafter
to give a similar statement in this column each week.
S h a res,
P r ic e.
3 A m e r i c a . B a n k o f ....................
406
1 0 0 B o w e r y B a n k ................
306
2 0 0 C h a t h a m N a t io n a l B a n k ..........................
322
1 0 C it y B a n k , N a t io n a l .......................................1 ,6 5 0
2 0 C o r n E x c h a n g e B a n k ..................................
332
1 0 F i f t h A v e n u e B a n k .......................................3 ,2 1 0
1 0 F o u r t h N a t io n a l B a n k ............................
182
4 5 H a n o r e r N a t io n a l B a n k .................
675
5 0 H id e * L e a t h e r N a t io n a l B a n k ............
118
2 0 I m p o r t e r s A T r a d e r s ’ N a t io n a l B a n k . 5 4 9
2 5 L in c o ln N a t io n a l B a n k ..............................
Rt’ O
3 M a r k e t A F u lt o n N a t io n a l
B a n k .....
230
1 0 0 M e c h a n i c s ' N a t io n a l B a n k ...................... 2 0 2 'A
3 0 M e r c a n t il e N a t io n a l B a n k ......................
189>«
* 5 0 M e r c h a n t * 'N a t i o n a l B a n k ...................... * 1 6 5
5 0 N e w Y oT k, N . B . A ., B a n k o f .................. 2 4 6 ie
8 6 P a r k B a n k , N a t io n a l ................................... 5 1 5 5 1 9
9 0 S h o e A L e a t h e r , N a t i o n a l ..........................
102
T r u s t C o M p A S iB a —
1 0 A l l a n t ie T r u s t ...............................................
206
4 G u a r a n t y T r u s t ................................................
661
_ 1 5 J S t a t « T r n » t ........
.......................................
3 7 2 »s
‘ S a le a t S t o c k E x c h a n g e , t S O s h a r
o f t h is s o ld

L a st p r e v io u s s a lt.
M e h . ’ 9 9 — -SO I !.i
J u ly '9 8 - 291
M (1 i. '0 9 — 3 1 2
M eh . '9 9 - 1 ,6 0 2
M fh . '9 9 — 3 3 3
F e b . '9 9 — 3 ,0 8 0
M o b .'9 9 175
M o ll '9 9 — 6 5 0
M a r '9 8 —
85
M e h . '9 9 — 5 4 0 4 ,
F e b . '9 9 — 7 0 0
F eb . '9 9 — 2 3 8
M e h . '9 0 — 2 0 5
J a n . '9 9 — 1 7 5
M e h . '9 9 —
167
M e h . '9 9 — 2 4 4
M eh. ' 9 9 - 5101*
D e o . '9 8 —
100
M e h . '9 9 —
200
M e h . '9 9 —
6CO
M o b .’9 0 - 380
a t S tock E x ch a n g e

65 0

THE CHRONICLE.

—The Miles Bill, which sought to fix the legal rate o f inter­
est in this State at 5 per cent, was defeated in the Assembly
on Tuesday, though by a very narrow majority. The meas­
ure was strenuously opposed by the Merchants’ Association
and by the New York Board o f Trade and Transportation,
who protested against the passage of the law, claiming that
it would not benefit any class of citizens, but that it would
be seriously detrimental to all who were seeking loans.
—The social event of the week in banking circles was the
banquet given on Monday evening by the Bank of the Man­
hattan Company in commemoration of the organization of
the institution a century ago. The banquet was attended
by nearly all the prominent bank and trust company presi­
dents of the city and among the invited guests were Mr.
Lyman J. Gage, Secretary of the Treasury; Senator Chauncey
M. Depew, and Bishop Potter. The principal speech of the
evening was by Secretary Gage. After referring to the dan­
gers to the financial situation which, in his judgment, might
result from the excessive over-capitalization o f combinations
of industrial concerns, he alluded to the valuable assistance
which had been rendered the Government by the banks of
this city in various crises, and especially in the crisis of 1896.
He referred in complimentary terms to the efforts of Mr.
John A. Stewart, of the United States Trust Company, in
organizing a syndicate to guarantee the $50,000,000 loan issued
in that year, and he concluded by denying that the Treas­
ury Department contemplated a further issue of bonds.
He said that there were now $384,000,000 in the Treasury andafter the $20,000,000 shall have been paid to Spain there will
remain a net amount of $284,000,000, which will be much
more than is necessary to meet the estimated deficien­
cies for the next two years without encroaching upon the
$100,000,000 gold reserve. He believed that financial inter­
ests need feel no anxiety. Brief speeches were made by
Senator Chauncey M. Depew, Mr. Frederick D. Tappen,
Bishop Potter and Mr. John A. Stewart of the United States
Trust Company. Mr. Stephen Baker, President of the Bank
of the Manhattan Company, gave an historical sketch of the
institution. As is generally known, the charter of the bank
was obtained April 2 1799 by Aaron Burr. The real object
of the oharter was concealed under the guise of authority
for the organization of a corporation for the construction of
a system of water-works for the city, which was then greatly
desired, permission being also given for the employment of
the surplus capital ia the purchase of public or other stock
or in any other moneyed transactions. Immediately after
the charter was secured the announcement was made
that the company would begin the construction of the water­
works and that it would likewise open a bank at what was
then known as No. 23 Wall Street. Water-works were con­
structed, the supply being obtained from the Collect pond
and from sunken wells, and the works were operated for
several years. The most profitable business of the company
was, however, in its banking department. The original
capital of the bank was $500,000. The institution was the
second organized in the city, the first being the Bank of New
York, and it was quite successful from the beginning, being
conservatively managed and paying regular and at times
large dividends to its stockholders. Among the presidents
o f the bank have been some of the most prominent financiers
o f their day.
—A report has been current at intervals since the Corn
Exchange Bank made arrangements for the absorption of
the Astor Place and the Hudson River banks that the Corn
Exchange was negotiating for control of the Fulton Bank of
Brooklyn, with a view to its conversion into a branch bank.
Early this week it was reported that the Fulton and the
Nassau banks of Brooklyn would be consolidated preliminary
to absorption by the Corn Exchange. It was announced on
Wednesday that instead o f such consolidation the Fulton bad
been purchased by the Meohanics’ Bank of Brooklyn, capital
$500,001 and surplus $389,810. This bank is one of the
strongest institutions in that city. Therefore any nego
tiations which have been opened looking to the absorption of
the Fulton Bank by the Corn Exchange may be considered at
an end. The Fulton Bank—capital $200,000 and surplus
$169,043—will be liquidated and its business will be trans­
ferred to the Mechanics’ Bank,
—The new rules adopted by the New York Clearing House
providing for compensatory charges for the collection of
country checks went into operation on Monday. Though

[V ol. iiXVIII.

there have been exaggerated statements as to the effect, pres­
ent and prospective, of the enforcement o f these rules, they
appear to have thus far caused very little friction, and it is
thought when they come to be clearly understood by those who
are immediately interested in them they will meet with gen­
eral approval. The country banks can do much to facilitate
collections, and at the same time they can very readily make
such arrangements with their New York correspondents as
will result in profit to themselves. For example, a bank in
Syracuse receiving from its New York correspondent items
for collection can, by making daily remittances, instead o f
remitting in ten days or other periods, apply to its own ben­
efit the collecting charge of 1TO of 1 per cent or any portion
thereof, the idea being that the New York correspondent, in
consideration of the aforesaid prompt remittance, might
waive its claim to certain charges. The Syracuse bank can
also, by keeping a sufficient balance with its correspondent,
certify checks drawn upon it by its customers for transmis­
sion to the creditors in New York of such customers, making
the checks payable at the counter o f its New York corre­
spondent. In this way the Syracuse bank would retain its
own customers on its books and the customer would not be
obliged to open a New York account.
—It has been asserted during the week that the Boston
Clearing House Association has recently established a sub
clearing house to clear checks for banks in Massachusetts;
and it has also been asserted that if it should operate suc­
cessfully in that State this system of clearing country checks
would be extended to all the New England States. The
statement that a sub-clearing house or any clearing house
for collecting checks has been established in Boston is incor­
rect. The Clearing House Committee of that Association has
had the matter under consideration and has recommended a
plan for the establishment of such a system. The Committee
recommend that the work shall be done by the Manager of
the Clearing House. Those Boston banks who choose to
avail themselves of this method of collecting their checks
sha'l d ‘posit them at some fixed hour each day. The checks
shall then be assorted—checks on each out of-town bank in
a separate package. The checks will then be sent to the
banks on which they are drawn, so far as such banks will
undertake to remit for checks on themselves at par by drafts
on their Boston correspondents. In case remittances should
be delayed so that the Manager should not have sufficient
funds to meet the charges against him, he would charge
against the several banks their respective amounts of such
delayed remittances.
In a letter to the interior banks the Manager of the Clear­
ing House, after explaining the reasons for undertaking the
work of country collections in Massachusetts through the
Clearing House, concludes as follows; “ If the Boston banks
are willing to assume the labor and expense required to con­
tinue the circulation of New England checks at par, and in
*o doing to provide for continued collection, without charge,
of the New England checks which you receive and send to
Boston, they feel that in asking you to remit for checks on
your own bank without charge they are not making an un­
reasonable request.” W e assume this indicates that the
country banks are to receive no compensation for collections
but are to bear that expense. The foregoing shows that the
Boston plan for the collection o f checks through the Clear­
ing House is by no means perfected. Indeed, it has not as
yet been passed upon by the Clearing House Associa­
tion. As the matter at present stands, and after a study of
the papers which have been suDmitted to us, we fail to dis­
cover what is to be gained if it goes into operation.
F a i l u r e s f o r F ir s t Q u a r t e r o f 1899.—The following
figures, prepared from Messrs. R. G. Dun & Co’s, statement,
show the number o f failures in the United States and Canada
during the quarter ending March 31, 1899. For purposes of
comparison like figures for the corresponding periods of the
preceding year are given ;
• Q u a r l t r e n d i n g — , ,— Q u a r t e r e n d i n g — ,
—
M a rch , 31, 1899.
M a r c h 31 ,189 8.
..
.
N o. o f
A m o u n t o f N o. o f
A m ount o f
S ta te s a n d T e r r it o r i e s . F a il u r e s .
L ia b ilit ie s . F a ilu r e s . L ia b ilit ie s .
s e w E n g la n d S t a t e s ......... 5 3 6
$ 6 ,6 8 5 ,0 8 0
526
$ 6 ,5 3 9 ,0 4 4
M id d le S t a t e s ........................ 5 4 2
5 ,5 1 :t,ls > 3
7 5 i>
9 , 4 8 2 ,2 6 4
S o u t h e r n S t a t e s ................... 5 0 8
4 ,5 5 7 .8 8 5
678
4 , 0 2 9 ,7 1 7
S o u t h w e s t e r n S t a t e e ......... 2 1 3
1 ,1 0 5 ,7 3 5
298
1 ,8 1 9 ,3 9 5
C e n tr a l S t a t e s ..................... 4 8 2
6 ,7 0 6 ,6 5 5
737
5 , 5 6 5 ,6 8 3
W e s t e r n S t a t e s .................... 2 3 6
1 ,2 2 2 ,7 9 2
348
2 , 0 8 6 ,8 4 9

PaolflcStatesandTerrltor’s. 255
tKKregate United S ta te s ...2,772
D om inion o f Canada.......... 370

350

2 , 1 8 7 ,4 6 9

$37,152,031 3,687
$4,257,426
433

1,354,691

$ 3 1 ,7 1 0 ,4 2 1
$3,009,270

THE CHRONICLE1

A pr il 8. 1899,]

65 L

Clearings by Telegraph.—Sales o f Stocks, Bonds, &e —
D E B T STATEMENT M ARCH 31 1S99.
Tae subjoined table, covering clearings for the current week
The following statement of the public debt of the
usually appears ou the first page o f the C hronicle, but on
account of the length of the other tables is crowded out United States on March 31 1899 is made np from
once a month. The figures are received by telegraph from
Farther on we
the leading cities. It will be observed that as compared with official figures issued on that day.
the corresponding week of 189 i there is an increase in the give an interesting exhibit of the Treasury cash hold­
aggregate of 90-9 per cent. So far as the individual cities are
concerned, New York exhibits an increase of 1I9-1 per cent, ings of the same date.
and the gains at other points are : Boston 82-9 per cent,
I N T E R E S T -B E A R IN G D E B T M A R C H 31,1899Philadelphia 105 6 per cent, Chicago 29 4 per cent, St. Louis
In tert t A m o u n t
-d m m m t O utstanding
payable.
issued.
Registered
Toted
Title o f L oa n—
Coupon,
2(cs per cent, Baltimore 82-3 per cent and New Orleans ii-1
$
*
per eent. Good Friday fell in the week of last year,_______
250.000.000
Fu nd. loan. 1891. )
C on tin u ed at 2 p. c. Sv *
Is. F u n ded loan. t9 < 7 ..G .—J.
Is , R e fu n d ’fccertlflc’s . Q . — J .
5s, L oa n o f UX>4 ......... .Q — F.
4a, Loan o f 1 9 2 5 ........Q .— F.
3s, Of 190S-1918.............. Q .~ F.

W eek Ending A p ril 8.

CLJO.SIMG9.
R etu rn s trj Telegraph.

P er Cent.

189 8.

1899.

................
25.364,500
740.911.850 401.240,600 68,40J.900
40,012,750
32*490.060
67.509,050
100.000.000
48,559.800
162,315.400 113.7*^,000
108,406.000
93.348,540 105,057,460

25,364,500
559,050,500
3*890
100,000,000
102.31 "*.400
198,406.000

S«TT O rlM C t____ ____________

$ 1 ,2 5 4 ,4 7 4 ,8 3 0
14 *,158,471
9 9 ,7 1 8 ,7 8 2
21.254,830
103 .027 .S 7 8
2 8 ,322.91$
7 ,5 21,044

# 5 7 1.81 0,9 39
8 0 .933,804
4 3 ,502,141
11,857,851
79,807,971
3 3 ,389.754
5 .4 21,323

+119*4
+ 82*9
+ 105*8
+82 3
+29 4
+ 20-8
+ 83*7

S e v e n c it ie s , 5 d a y « - ..^ » O th er c itie*. 5 d a y s . . . . . . . . . . .

11.883,378,728
178 ,978.487

$82 1,3 5 3 ,7 8 3
1 4 7 .147 .82 3

+102*4
+ 21*8

T o ta l a ll oitie®, 6 d a y s .. . .
A l l c itie s , 1 d a y . - . . . , . .............

#1.841,357 .215
3 3 5 ,141 ,43 3

#90 8,50 1,4 06
171 ,884 ,89 9

+90 l
+95*1

Feb. 88.
Fu nded L o a n o f 1891. m atu red Septem ber 2,1891 . $ 114,350 r 0
Old d eb t m atured prior and subsequ ent t o Jan- t /f l l 1,117,320 26

T o t t i a ll o l t t * . f o r • « ( . .

$7,1 7 8 ,4 9 8 ,0 4 7

$1,140,388,104

+90*9

Debt un which Interest has ce;i*ed ...... . — ...$1,231,670 30 $1,219,420 20
Bond# Issued to Pacific railroads matured but not ret pre­
sented: Union Pacific. $ I8 ,0 f ; Central Pacific, $7VKH);
c

P h ila d e lp h ia ............. ........... ......

T o ta l, e x clu d in g P a cific
R ailroad B on d s...................1.491.640,000 791,225,190 254,511,210 1.045.775,390

N ote .—T he denominations o f bonds are as follow s: Two per cents (registered
only), $50, 4HX1. $M*», $1,000, $5,000, $10,000, $20,000. *50,000; 4« o f 1907, regis­
tered. $50, |100, $500. $ 1,<)00, $5,000, $10,000, $20,000, $50,000, coupon, $50, $100.
$50o, $ 1 ,0 0 0 ; 4s. refunding certificates. $ 1 ► 5s o f 1904. registered, $50, $100,
;
it,0*w\ $ !'Vm ,
", is ,-.f 1925 registered. $5u. $1*K $500,
>.
# 1 ,0 0 0 . $6 ,0 0 0 , $ 1 0 ,0 0 0 , coupon, $50, $1 0 0 . $600. f l .o 0 ; 3s o f li»08 1 0 1 8 registered.
$2 0 . $ 1 0 $50 i. $ 1 , 0 0 > $5 ,0 0 0 . $1 \O0O. coupon, $20. $100 $500, $1,000.
.
D B B P O S W H IC H IN T B R B 9 T H A S C E A S E D SIN C E M A T U R IT Y ".

*

A n o th e r ta b le , o u r u su a l m o n t h ly d e t a ile d s ta te m e n t o f
t r a n s a c t i o n s o n t h e v a r i o u s N e w York Exchanges, h a s a l s o
b e e n c r o w d e d o f f o f t h e fir s t p a g e .
T h e r e s u lts f o r th e t h r e e
m o n th s a re , h o w e v e r , g iv e n
b e lo w a n d
fo r
pu rposes o f
c o m p a r i s o n t h e f i g u r e s f o r t h e c o r r e s p o n d i n g p e r i o d o f 1898
a r e a l s o p r e s e n t e d . ____________________________________________________________

Thrtt Mon!U.
Par Value
or Quant it y

DueripUon.

Actual
Value.

J

i Axrsr’pr

P a r Value
Price. or Quantity

58 100.0 * j
a
®t o ' k f v » * $5,5af$4#jS*io; l 4 l^ Hjf c 7 i 9
R H bond*.
$819,058,100! | $$#/$$.ftl4: 84*0
•4..454.000;
#0>5«^CH 114*5
Gov*t bond*
iX .i^ J O O
5*> 67*2
• la t e bond*
f9 8 4 > 9 l. 141*9
S an k stock#
$5.Ot*,tU*1»5#4.*0OI9‘V7n
T o ta l
G roin, bush.

754
7* mc .

Actual
Value.

Catted States notes....... ........ ................ ............................................. $340,681,010 00
Old demand note*---- ........................................ . . . ......... ......................
63.997 50
N ational bank n otes— R ed em p tion a c c o u n t . . . . . . . . . ........................
F raction al cu rren cy . ................................................. .$15,269,16♦ 60

I> e » amount estimated a* lost or d e s tr o y e d ...........

Price.

75*$
$ i i » 4nt*on 7 9 7
$2,147 300
#atA7t.t*®4 120*0
07*8
#79,000
#i7dw7*$| 210*7

M arch 31.
1899
CtoArtfcntto* o f Debt—
$
In terest-b ea rin g d e b t .........l,hts.77*.$U0 00
D ebt, in terest ceased.. ____
1.219,420 20
D ebt bearing n •Interest . . . 3*1.544.010 10

$aOli#X72V5 $3,2^4 3101KH
ra j.u l* .37'* 50*). S i$ 4 7 i o x ^ e .

T o ta l g r o w debt , . . 1.43 #,548.720 42
Cash b a lan ce In T re a su ry.-. 281,043.103 75
T o ta l net d e b s .................lT 5.5O 5.502 67

to

m e s t o c k B X C g a k C S .____________

1899.
Ifm m tm
o f SHaret.

Aetna.
I

Par,

I

2 i .251.98 !,$,S$0.843.0 V) 1.0I9.S10.S33
10.100,236 1.530,37 yWOl 1,193^99.102
M arch 17,7*2.390 1.703, 4-31150 l.$75,20 1.851 10.080,9^8

Jan

Railroad LiabUUy.
Same
Of R ailw ay

*-r i - q.wt * & t 4*4 *no *«Ia* 8 * 6 ?<*‘'$8JW3.2n«A.77b.*7*.i»$5)$.0 g * j » 7.Sia
~ T o e r o ilo w m g c o m p u a u o u c o v e r s
______

tu -

Cbaring*, to ta l Ad.

d m ring* Outside ZfKtr York.

M-OWU,
1898.

1899.
J aa n ary. ,
Febru ary
M arch . .

clearing* by moncha

a o s T H L r e r a s R ia n s

«
«,♦ W.888.805
8,381.37 K&b
8 ,7 2 « A » .i$ 3

P .C t.

1909.

1898.

I
$
«,017.BW3,950 MX*1 f,80!.9#0,«)a0
•A 58.781314+35*0 2.430,718.424
5,417.I81,520 r b i b $,09*314.161

t » t unar :*tf-*o.eaa $»* It « b . t ; j

P . o 1.

<
$397,700326 S-20*l
2.04 0,504,’ :44 *-19 1
2.*i9.405.O8a +-20*7

8,0071 Of .007 a .v n .0 # .i^ « •*-92*1
o

The course of bank clearings at leading cities of the country
for the month of March and since January 1 in each of
the last four years i3 shown in the subjoined statement.
BANK CLBxantO* AT LRADUtO CITIK*
------------------- -.TforcA,--------------------- - ,— - J a n . I t o M a r c h 2 8 .--------- -

(000-OOOt

om U O d. i
* e w Y o r k ...
B o , t o o . , ------ C h ic a g o ......
P h il a d e l p h i a
8t. I /t o U . . . .
P lt U b n r ic .- B a lt im o r e ...
Ban P r a n 'c o .
C i n c i n n a t i .- .
K a n s a e O tly
N e w O rla a tia
L o o la r r ie ...
M ln o e a p o ll* .
O le v e la n fl-.
D e t r o i t ..........
P r o v i d e n c e ..
M ilw a u k e e ..
O m a h a ......
B a l t a l o ..........
C e ln m b Q e ...
P a u l ........
H a r t f o r d ___
U e n v e r .. . . . .

1899.

1 89 8 .

1 89 7 .

*
5 ,9 0 2
595
538
407
137
147
139
80
62
17
37
35
35
41
33
27

s
3 .4 1 8
454
439
310
140

*
2 .3 3 7
397
336
248
108
63
fit
55
49
43
37
24
2 i
28
24

22

19

88

72
70
53
51
40
30
32
30
29

2*2
21

18

25
17
16
16

14

15

T o t a l . .........
O th e r o l U e ...

8 ,4 3 7
290

5 382
265

T o t a l A ll. . .
O W a ld e W Y .

2 ,8 2 5

21
21
12

10

1 89 6 .

1 89 9

1 89 8 .

s
8
§
2 ,3 1 8 1 6 -1 4 3 1 0 .0 2 5
352
1 .7 2 9 1 ,3 8 0
362
1 .8 3 1 .2 7 9
2 6 1 1 ,1 8 7
918
99
395
357
60
387
247
60
350
225
57
195
2 10
51
179
169
40
137
133
43
125
140
24
10 0
90
25
107
92
23
12 0
88
.
25
85
98
21
10
80
67
18
19
69
66
18
19
74
69
15
17
59
52
17
15
61
51
13
18
47
53
10 10
3G
33
10
12
39
4
f 6

1897.

1 896.

4
7 .0 2 2
1 ,1 8 0
938
747
325
185
182
156
144
127
118
77
87
74
67
69
55
52
47
45
30
32
32

•
7 .2 5 2
1 .0 3 1
1 .0 8 2
820
299
195
193
166
3 47
1 >9
iw e
78
85
74
76

66

60
56
53
44
53
32
36

4 ,0 0 3
208

3 .9 2 4 2 3 . 3 1 7 1 8 .4 3 9 1 1 .7 7 8 1 2 .1 9 3
221
853
695
e i9
783

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

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

2 ,2 2 9

1 ,8 2 4

F ebruary 28,
1899.
$
1,040.735.270 00
1.231.070 20
385,04 .964 64

Increase or
Decrease.
$
In c. 6.010,020 00
D ec.
12.250 00
Inc. 1,513.051 52

1.427,007.9P4 90
260,103.613 21

In c. 0,546.821 62
Iuc.H,M?9.rt50 54

1,157,904.391 »19

D o * 8.398.829 03

The foregoing figures show a gross debt on M ir. 31, 1809,
(interest-tearing and natt*interest tearing) of 41,433,548,728 43
and a net debt (gross debt leas net cash in the Treasury) of
f t , 149,503,563 67.
Pacific R ailroad D ebt.—T hese bonds are never included
in the official total of the Government debt. To show their
present status we have made the following compilation:
UNLIQUIDATED BONDS ISSUED t o pacific raii . roADS—
their
STATUS APRIL. 1, lew.

Feb

since Jan. 1.

0.883,230 00

$380,554,010 10

RECAPITULATION.

#$.-•100990691

_________ « X L » S o r STOCKS XT s a w

32.935,782 00

8.376.934 00
— ------------- --

A-scsrreitate o f d e b t bearing n o lu t e r e » t ....... ..........

Tne volume of transactions in share properties on the New
York Stock Exchange eaon m >nth since Jan, 1 in 18jt> and
1898 is indicated in the following :

$132,000 00

D E B T B E A R IN G NO IN T E R E S T .

■S& U M 4

Tut ** rain *.

M onlK

Kansas Pacific. Oil.# w : Sioux City A Pacific. $1,000; total .. .

Three MontS*. 1009,

1999.

Mar. 8L
$113,3 U 00
V 05,070 80

--

Bond*
leeue-i
by Qorr’t .

NN
lilt. P a id
by G&r't

Repaid by Compante*.
Through
Sinking
Fund.

<'tUement
wi h
Oouernm't.

$
#
$
J
Central Pacific.. : 3-6.120 30.0nx.3*& 0,1 (X 452 6$.S'*iV»33
*if,«l< i.4W
0.0U7.45*
Kansu.* P a-iflc.. 0.9W ,f**>
U nkm IP acific.. i i j m f i v s $1,211,7 i'2
5^.f48,fe3»
O n l . B r .U , Pac..
2.163,174
3.45.®, 103
5 ,'i a .e o i
W ear. F o c ifl* ,..
2,5C2.e*>>
S lo u * C. A P ac.
T ota L .. ...

t o fl t A M *

Total.
$
02.489.605
12.010.466
5S,4lB,2$i
5.423,063

Balance
Due
U. S.
*

3,703,17*
4,220.022

02,032.434 tf.Kff.462 130.171,308 189.27 l.86 o!7,»81,090

• (j7T«rr: a v a l accep ted principal o f bond #—#0.908,OuQ—In fu ll p aym en t o f all
in d ebted n ess.
T r e a s u r y C a s h a n d D e m a n d L i a b i l i t i e s . — The cash hold­
ings .of the Government as the items stood M ir. 81 we take
from the Treasury statement o f that date. The net cash
balance given below is the same as deducted above in reach­
ing the n e t debt.
C A S H IN T H E T R E A S U R Y .
G old—C oin ....................... ................................................ US*,7«5.5<kJ3l
B a r ,........................................ ............................... 12I>S0,S1»S8—1278,80(1,8J5 72
8

Hver—Dollar*............................................................ 4l0.SM.rt70 oo
Habaldlary co in ........................ ................ . . . . . . . .
0,M**4,874 50

B a n ................... .
.............................................. ........
P a per—U nited State* note#.
.................................
T reasury n o te s o f X890..
G old certificate
.
.. .aHT***?*****#*****#??
S ilver certificate® .............................. ....................
C ertificate* o f dep osit ( A c t J u n e 8, 1372)— . ..
N ational bank n o te # .............................................. . ..
O ther—B in d s . Interest and co u p o n * paid, aw a it’
U>H reim bursem ent ............ .................. ...................
M inor co in and fra ction al c u r r e n c y ........................
Dep **tte In n a t’ l bank deeoeitar le v -g e n e r a l a cc’ t.

Disbursing officer#' balance#.,. .............................

88£25t930 93
80.101.8*9 00

503,370.931 4 9

*78,679 00
ISO 00
8,753.498 00
650.000 00

2,873,401 5 9 -

45,881.617 59

31,300 94
446,092 42

32.0H8.03g 87

5,852,100 29— 89,017 132 62

A g greg ate.

$919 562 087 32

D E M A N D L IA B IL IT IE S .
G o ld c e rtifica te s ................, ........ ................................... $34,520,^29 00
Sliver certiflfrita*...................... .............. ................... i02.82t.6O4 00
C ertificate* 0 f d e p o s it Act. J u n e 8 .1 8 7 2 ................ 28,895,000 00
Aiv
T reasu ry n ote* o f 189 *.
. . . . ................ ............ 91,^51.280 0o—#55j . 008,013 0 )
Fund fo r re d m ap. O fttn cn rren t nat'l bank n ote*
9,241,40/ 83
O utstanding check# and d r a ft* — . . . ......... .
*,47',848 34
D isbursing officers* balance* ................................... 58,151,738 01
A g en cy account*, A c - . . - . . ................................. .......
8,661,820 80— 80,516,310 57
G old reserve
.
. . ............ .......... #100,”00.000 00
N et cash b a t»n ce............................... 181,043,103 75
....... .
281,043,163 75
A g g re g a te ....... ......... ................ ................
...............................
N et cash balance lb th e T rea su ry F eb ru ary 2 8 .1 8 9 9 ............
N e tca sh b a lan ce In th e Treasury M a rch 31. 189J
. ........
In crea se during th e m on th ..

#910.502,087 32
#269,108,613 21
284.048,103 75
#14,939,050 54

652

THE CHRONICLE

[V ol. LXVIII.

be confirmed by the fact tbat the French Government, it is
F A IL U R E ! B Y BRANCHES OF TRADE.
understood, will introduce next Monday a bill ratifying the
We take from Don’s Review the following statement two African agreements.
The accounts from Russia are very grievous. The famine
showing the failures in the United States by branches of
trade for the quarter ending March 31 in each of the last is even more intense than people in general believed. And
especially in the province of Samara it is extremely severe.
three years.
It is said that tens of thousands of people are without food,
FAILURES BY BRANCHES OF BUSINESS.
without fire, without furniture and to a great extent even
F irs t Q uarter.
without clothes; that disease in various forms, especially
typhus and scurvy, is decimating the population, and tbat
1897.
M an u factu rert.
1899.
1898.
the outlook for the immediate future is alarming. It is said,
L ia b ilitie s
No. L ia b ilitie s '.| No. L ia b ilitie s . N
too, that disease is spreading beyond the affected provinces,
1 095 and it is feared that a regular epidemic may rage through­
$
20 2,205
627,500
2*8.800
20
4
Iron, foundries and nails..
43 1,696,952 out Russia. The Russian Government naturally is fully
03 2,022,019
25 1,478,884
Machinery and tools.........
16
6*8,600 occupied with this state of things. Unfortunately, it cannot
341 C O
O
9
020,1-00
11
Woolhis.c^rp'tB&knltgoodf^
20
470.000
404,80(
18 ,781
7
H
Cottons, lace and hosiery.
115 3,616,517 borrow very freely. And though it holds an immense
90 2,023,529
95 3,591.819
Lumb’r,carp’ ntT!i& coop n58
747,834 amount of gold, it is not showing that energy and activity
407,20?
60
69
W
99.0H6
Clothing; and millinery. .
47,484
ft
190,4(0
11
0
65,435
Hats, gloves and furs----3?403,«52 in combatting the famine which might have been expected.
30 2,355,253
273,253
12
Chemicals, drugs S, paints
c
941,106
53
4L
200,307
090,M l
43
Printing and engraving...
34
941,910 No doubt the resources of Russia are very small. And when
45
277,722
209,0-4
28
Milling and bakers...........
52 1,238,482 foreign countries are not willing to lend, it is difficult for the
000.588
5l5,8>-0
40
30
Leather, shoes Sc harness
598.037
46 2,217.998
1.454,02)
83
20
Liquors and tobacco......
But in a
22
23
S'-3,2 76
945,806 Government to provide all the funds required.
18
100,482
Class, earthenware Sc brick
251 7,410,919 matter of this kind it would seem reasonable to expect that
205 2,580,600
101 1,877,9c3
All o t h e r .........................
087 13,648,156
778 22,412,144 the Government should draw upon its reserves to any exterft
611 10.742,004
Total manufacturing.
Traders.
required.
606 2.090,485
407 3,098,4^ 1
<8
5 4 2,652,033
General s to r e s ...............
French investors are no longer willing to lend to Russia,
640 2,674,297
776 2,35^,035
525 1 =03,02*
,1
Groceries.meats and fish
515,09106
040,675
757,110 chiefly, no doubt, because they already have invested so
89
87
Hotels and restaurants..
971.972
247
280 1.404,06s
216 1,217.524
Liquors and tobacco—
222 1,983,303 much money in that country, but to a large extent, likewise,
1,097.077
213 1,094,278
its
Clothing and furnishing...
r
207 2,604,525 because they are disappainted at the failure of Russia to sup­
175 1,737,042
138 1,093,W 8
Dry gooos and carpets.
864.944
167 1,680,752
1,178,455
143
lie
Germany re­
806,532
107
916,497 port them when t.h j Fashoda incident arose,
435,73
98
61
99 1,082,038
176 1,518.8-4 quires all the capital she has command of and much more.
547.441
7C
795 044
87
490,51-5
618,504
149
145
Drugs and paints.........
88 1,656,802 And in this country there is very little inclination to lend to
312,584
60
469,018
67
Jewelry and clocks----418,5-10 Russia. For the moment, therefore, Russia is not able to
372,51 (
5e
53,948
30
1
Books and papers........
117,475
19
920,154
21
1
C
157,07 C
Hats, furs and gloves.
329
2.418,827 | 336 4,043,100 play the usual active part in foreign affairs, and the result is
[240 2,304,85*
All other......................
2.176 1^,037.618 2,917 17,470,815 3.07S 24,C4«,604 seen, amongst other things, in the more reasonable temper of
Total trading...
81
1,649,163 France.
83 1,8 9,594
Brokers and transporters. | 80 1.372,349
The large collection of the revenue and the extreme activ­
2,772 27.152.031 3,087 32,940,5 65 3,932 48,007,911
24 1 1697,966 !
71 12.744,650 ity of trade are leading to a very strong demand for money,
thinking.,
Note .—Iron, woolens and cottons include all the brancnes o f tnose m anu­ and the Bank of England is consequently doing a large busi­
factures; machinery includes implements aDd tools; lumber includes saw ness. From the beginning of February up to Wednesday
planing, sash and door mills, carpenters aud coopers; clothing includes millinery
and furnishings; hats include furs and glo.es; chemicals include drugs, fertili­ evening last the outside market borrowed from the Bank
sers, paints and oils; printing and books include engraving and maps: milling about 4ifi millions sterling. The borrowings since have teen
includes baking; leather and shoes include makers o f harness, saddlery, trunks
and rubber goods; liquors include tobacco, wines, brewers and beer; glass in­ on a considerable scale, while all the loans that fell due have
cludes earthenware, pottery, brick, lime and cement; groceries include meats been r* newed. And during next week it is probable that the
and fish; hotels include restaurants; drygoods include carpets and curtains;
furniture includes crockery; hardware includes stoves and cools; and jew elry borrowings will be on a still larger scale, It looks likely,
Includes clocks and watcher. Brokers Include all real estate, note, insurance therefore, that the outside market will owe to the Bank very
or produce dealers whose main business is not the handling o f actual products,
with mortgage and other lo in concerns, and transporters include all except in ­ considerably more than the Bank will pay out to the market
corporated rail wav companies.
on the 5th of April as interest on the national debt.
Until now it was expected that the payment of the interest
on the debt and the large expenditure of the Government
B I o u e t a r p s ® o m m e v c t a n 5 u g I t s T x ^ e t o s
would at the beginning of April add so much to the sup­
plies in the open market that rates would rapidly fall away
[From our own correspondent. I
and we should have a period o f very cheap money. The
L o n d o n , Saturday, March 25.
Government expenditure no doubt will be large. But the
For the first half of the week business continued very in­ Bank will have to receive so much in repayment that the
active on the Stock Exchange, although prices remained debt interest will make very little difference. It seems most
steady. But the conclusion of the treaty between this coun­ probable, therefore, that there will not be as much ease in
try and France for delimiting their respective spheres of in­ April as hitherto has been expected. Towards tne end of
April the usual spring demands will make themselves felt
fluence in Africa greatly increased confidence and some and will continue well into May. And consequently it looks
more business occurred, prices generally advancing.
just now as if at this side of mid-summer, at all events, there
Naturally there is hesitation to deal just at present. To­ will be very little change in rates in this country.
In Germany money is in very active demand and the out­
day the fortnightly settlement upon the Stock Exchange in
side market rate o f discount is as higli as
per cent. There
mining securities begins. In other securities it will begin may he some ease in April. But the spring demand will
on Monday. And the settlement will not end until Wednes­ raise rates again in May and June. In France confidence is
day evening. The Friday and Monday following will be at last recovering and there is some improvement in trade.
public holidays and the Stock Exchange will be closed fr®m Consequently money is there, likewise, in better demand.
Thursday evening until Tuesday morning. Consequently Over and above all this there is a fear here that a good
for business purposes Thursday next will be the last day of deal of gold may by and by be shipped to New York.
the month, the quarter and the Government’s financial year. Meantime trade continues very active throughout the coun­
Members of the Stock Exchange will be fully employed until try and is likely to continue so the rest of the year.
In India there is little change in the money market and the
Wednesday with the settlement. And as the House will be
closed for so long they are hardly likely to enter into many demand for India Council drafts here is very great. The
new engagements. Moreover, money is in good demand and Council offered for tender on Wednesday 70 lacs. Bat it re­
fused to sell under Is. 4d. per rupee and consequently dis­
is likely to continue so till the end of the month.
But while, for the time being, both members of the Stock posed of very little more than 30 lacs. The truth seems to
Exchange and professional operators are cautious in what be that it has already so much money at its disposal that it
they do. there is a much more hopeful feeling than there is trying to force up exchange even higher. According to
was. The French Government, after it agreed to withdraw the Budget statement published in Calcutta on Monday it is
Major Marcband, seemed inclined to sulk, and there was a expected that the total sales by the Indian Council in the
fear cor sequently that the negotiations opened by Lord Salis­ year ending Friday next will realize 19 millions sterling.
bury might drag very seriously. Happily the French Gov­ Next year it is estimated that the Council will sell 17 millions
ernment has shown more statesmanship and more knowledge sterling. The Budget is satisfactory, showing a small sur­
of what the true interests of the country require. The ne­ plus for the year just ending, and it estimates a further sur­
gotiations now concluded complete the work done last year plus for the next year. The Indian Government hopes that
respecting West Africa. And as far as can be judged from it will not require to borrow either at home or in Europe.
the information yet before the world, the agreement arrived It has decided not to reduce taxation, but rather to make up
at is fair to both parties. Our Government retains the whole for the deficits caused by the famine and plague.
of the Soudan, as it was claimed both by the Khalifa and by
The following return shows the position of the Bank o f
the Egyptian Government before him. On the other hand, England, the Bank rate of discount, the price of oonsolp,
this country recognizes the French claim to both sides of to ., compared with the last three years:
Lake Chad and practically yields to France the country
1898.
1897.
1890.
1898.
Afar. 25.
Afar. 24.
Afar. 22
Afar. 23.
almost down to the Congo.
€
£
£
£
The Egyptian question has not been raised apparently in Circulation..................................... 2fl.644.035 26,675,455 26,199,305 25379,680
Public deposits........................... 17,865.704 19,018.224 17.l-s9.4i5 18,719,227
any form. But as France recognizes both the Bahr-el-Gazal Other deposits.............................. 30,672,854 36,002,*65 38 079,097 45,745,427
and Darfur to be within the British sphere of influence, indi­ Government securities............... 13,993.174 14,208,979 14.387 >83 16,151,021
27,525.404
rectly and practically she recognizes the British position on Other s e cu ritie s ........................ 36.317.460 85.367,392 28." 10 8 2 40,124.377
Reserve o f notes and c o in ........ 22,033.465 23,515,’ 88 30.045,930
c
the Nile. It is now hoped here and in Paris that the two Coin S. bullion, both departm’ts 88,4 77,500 38.390,743 40.046.735 48.7 03,957
02%
41%
43
56 5-16
governments will without delay attempt to settle the other Prop.reserve to liabilities.p.ct.
2
Rank rate
........ p ercen t.
3
3
2
110 %
111%
112 7-10 109 13-10
questions outstanding, especially those referring to New- Con sols, 2% per ce n t.....................
31%d.
27 7-ird.
2fld.
" id .
oundland, Siam and Madagascar. And the hope seems to Silver;.......................................... 149.393,OOo 129,828.000 118,578,000 116,747,00
(S earin g-H ou se returns.........

THE

A pril 8, 189a.J

The quotations for bullion are reported as follow s:
Go l d .
L ondon Standard,
Bar goid O n e ....o i
C .S . gold 04>ln...oz
Gerurn gold oo.ln.o-i
French gold oolfiJit
Japaneee y e n ....o x

$.
77
76
76
70
76

d.
10
5
6
6
5

Mar. i f or.
23.
16.

SlLVEK.
London Standard.

i {arch March
23.
16.

*. d.
77 9 !» B ar sliver, flu e.. .oa.
Bar silver, oontalu 'g
76 5
do 5 grg. gold.o*.
70 6
do 4 grs. g old .o*.
76 6
do 3 gre. g old .o*.
76 44.
Cake s i l v e r ..___ oz.
M exican d o lla r* .o s

f 53

C H R O N IC L E

toe following is a statement o f the exports (exclusive of
specie) from the port of New York to foreigu ports for the
wsek ending April 3 and from January 1 to date:
EXPORTS PROM NEW TORS FOR TUB WEBR.

8.
d.
277l8 17s*
28
274,
27*, s
29»j«
27 s
,

281,8
27%
29S*
27 >
4

1899.

1898.

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

$ 8 ,S 3 f i,5 3 2
1 1 5 ,0 0 3 ,6 8 2

$ 5 ,9 2 0 ,5 3 2
9 4 ,0 4 9 5 5 9

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

T o t a l 1 3 w e e k s $ 1 2 4 ,7 8 3 ,8 0 4 $ 1 2 4 ,4 4 0 ,2 1 4

$ 9 9 ,9 7 0 ,0 9 1

* 9 3 .8 6 9 .4 3 6

F o r t h e w e e k ,.
P rev. re p o rte d

1897.

1896.

The following table shows the exports and imports of
M-ssrs. Pixley & Abell write as follows u n d e rra te of specie at the port of New York for the week ending April 1
March 23 :
and since January 1, 1899, and for the corresponding period#
G o l d — r u e R ia t c h a s r e c e i v e d £ 2 9 . 0 0 0 a n 1 £ 3 8 0 ,0 0 0 h a s b e e n w i t h ­ in 1898 and 1897.

d r a w n , o f w h ic h £ 1 5 0 ,0 0 0 w o n t t o S o u t h A f r i c a a n d £ 1 1 0 ,0 0 0 t o
B u e n o s A vrea
T h e r e c a n t a r n v i U o f b a r g o l d a r e a ll b e i n g s e c u r e d
b v B e r lin f o r H a s s le . A r r i v a l s : S o u t h A f r i c a . £ 2 5 2 ,0 0 0 ; C h ili, £ 3 , 0 0 0 ;
A u s t r a l i a . £ 2 2 0 ,0 0 0 ; t o t a l , £ 1 7 5 ,0 0 0 .
S i l v e r —I n *j> h e o f 2 0 , 0 0 0 k n o s b e i n g r e q u i r e d f o r t h e F r e n c h M in t,
t h e p r i c e h a s f a ll e n t o 2 7 ' - . d . , b u t t h e m a r k e t c lo s e s fir m w it h n o
s e l l e r '. P r i c e o f s i l v e r in I n d i a R s . 7 0 . A r r i v a l s : N e w Y o r k , £ 3 0 5 , 0 0 0 ; C h ill, £ 1 0 ,0 0 0 ; t o t a l , £ 3 1 5 ,0 0 0 ,
M e x i c a n D o l l a r s —N o b u s i n e s s d o i n g In t h e s e c o in .

The follow ing shows the imports of oereal produce into
the United Kingdom during the first twenty-nine weeks of
the new season compared with previous seasons:
im p o s t s .

1807

1898-9

! _______ ____

s

1896-7

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

Im p o r t* o fw h e a t,o w t .3 2 ,8 5 2 ,8 5 0
B a r l e y ................. . . . . . . . . 1 6 . 8 2 2 . 4 3 3
O a t * ............................
8 ,5 8 2 .9 7 0
P e a * . ..........................
1 .4 1 1 ,7 0 0
B e a n s ................................ 1 ,2 4 0 ,6 6 0
I n d ia n c o r n ..................... 3 0 ,3 8 2 .6 6 0

3 9 ,2 8 5 ,2 3 0

15.248,120
1 0 .1 4 8 .1 0 0
1 ,8 2 5 ,8 5 0
3 1 ,9 1 5 .5 3 0

W e ek .

F r a n c e ............
W est I n d ie s .. ..
M e x i c o ................
S ou th A m e r ic a
A ll o t h e r c o u n t r ie s .
T ota l 1 8 9 9 .
T ota l 1898.
T ota l 1 8 9 7 .

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

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

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

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

1890-7

1 2 , 4 0 1 .8 8 0

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

16,872.771

15,515,413

........... 00.074.513

03,877.801

07,475^23

1 8 9 8 -9 .
A v o r .p r l o e w h e a t .w e s k .2 5 4 l o o
A v e r a g e p r ice , s e a s o n ..204. 9 A

1 8 9 7 -8 .
35*. 84
34a
od.

1 8 9 0 -7
27s l i d
29a. 3d.

1895-6
36,974.000
12,463.540
9,391,003

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

* 2 5 0 ,3 2 3 $ 4 ,7 3 4 ,0 4 1
7 ,0 8 7 ,4 9 4 3 1 , 0 6 0 , 2 5 8
4 8 ,6 111 1 .0 0 4 .5 0 1

E xportt.

I m p o r li.

S ilv er.

S in ceJ a n .l.

Week.
Great B ritain....... .
F r a n c e ...........................

G erm any..................

1807-8
1 8 9 8 -9
Wheat Im ported, e w t.32,852.350 3 1 ,8 0 3 .4 1 0

S in c e J a n . 1.

4 0 ,2 5 9
2 ,7 8 8 !
5,<-25
5 ,5 8 9

1 2 ,4 8 3 ,5 1 0

2 ,0 4 5 .8 8 0

S u p p lie s a v a ila b le f o r o o n a u m p t lo u ( e x o lu s i v e o f s t o c k ? on

I m p o r t a n t f l o o r ........ 1 3 , 3 7 1 .8 3 0
S a le * o f h o m e - g r o w n . 1 9 .8 4 9 8 3 3

Week.
$ 9 ,0 0 4
1 9 3 ,0 0 0

G e r m a n y ....... .

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

13,094,980

I m p o r ts .

£ in € « /a n .l.

Great Britain..

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

8,eat,iso

S e p t e m b e r 1 ):

Total.

E x p o rt* .
G o ld .

1895-6
36.974,060

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

Flour........................... .13,371,330

EXPORTS AND IMPOSTS OP SPECIE AT NEW TO SS.

W e s t I n d i e s . . . ..........
M e x i c o , .........................

South A m e r ic a ......
All other countries.
T o t a l 1 8 9 9 ...........
T o t a l 1 8 9 8 ...........
T o t a l 1 8 9 7 ...........

58,832,208
1 8 «t-0
25s 5d
25*. I d

W eek .

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

S in e e J a n .x

*3,702

$ 4 4 ,5 2 7

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

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

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

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

$ 8 1 4 ,7 8 5 * 1 2 , 1 5 7 . 1 3 5
2 3 2 ,6 5 2
6 3 0 .0 9 4
500
Ip-00
3 7 0 ,6 8 4
2,100
9 ,6 0 0
2,200
2 5 ,0 4 7
2 ,1 8 6

Government R e v e n u e a n d E x p e n d i t u r e s . — -Through the
oourteay of the Secretary of the Treasury, we are enabled to
place before our readers to-day the details of Government
1897,
r * « week
Last week.
1898
1,005.000 receipts aud disbursements for the month of March. From
W h e a t ....................................2 , 7 2 0 ,0 0 0
2 ,5 8 5 ,0 0 0 2 ,8 1 0 0 0 0
2 8 0 ,0 0 0
P o n r ,e q u a l to q r s . . . .
4 4 0 ,0 0 0
5 0 5 .0 0 0
4 0 5 ,0 0 0
orevious returns we obtain the figures for previous months
8 2 5 .0 0 0
M a i z e ______ _ q r s .
7 9 5 .0 0 0
7 0 5 ,0 0 0
7 3 0 .0 0 0
*nd in that manner complete the statement for the nine
months of the fiscal years 1883-99 and 1897-93.
B a g l l s b f I n a n r l t l H a r h e t s —**«r C a b l e .
R E C E IP T S A N D D IS B U R S E M E N T S (0 0 0 o m itte d .)
The daily eltwiug quotation* for securities, etc., at London
are reported bve*hlra* follow# for the week ending April 7.
SJgS
SB
3 S?|S
fr,
W t* .
F A w r,.
D osb os
Sai
M on.
fu n .
°
3aS
e 1.3 g
SS * *
I 5p. *n• a
rgf: :
•
27*i
2 7 7 ,,
27 >«
8 1 1 re r , p e r o u n c e . ....... d .
s?%
i j r z
3 f r r i
1 1 0 U j« 1 1011-8 I10< , l i o x ,
l : : : : a8
C o n s u l* ., n e w ,2 - > p .c t s
g|: ® a d 1 U i\
»10"*)
■*■* »
&»*
■
110>,
F o r a c c o u n t ...................
l t O ” i*
* 3 7**5 3
*
i-3 : f
I ! ! i i i t f : ®: e
fI
1 0 1 9 5 1 0 1 1 )0 1 0 2 0 0 101 9
F r 'n h r e n t e s (lu P a r is ) fr . 102-25
-7 5
m u
: c : ®
SSN i
69
5 9 ia
58 A
S p a n is h t s .........................
50*$
: f: f
: *: f
2 2 *,
22 H
A t e b .T o p , A S a n ta F e ,.
2 2 «*
IS !
2 I’ *
9 7> .
64
62%
6 3 Tft
Preferred , „ ..... ......
027,
: : : : : I$
• ♦ • * I (5f
8 9 hj
C a n a d ia n P a e tfle ., . . . . .
897*
8 0 '*
8 9 ?S
r; r
53%
C e n tr a l P a c i f lo ... . . . . . .
54^
» 5 4 j4
The following snows the quantifies of wheat, flour and
maize afloat to tne United Kingdom:

ns

It i fgfl

U

C h e s a p e a k e A O h io ____
28%
#5
131
O h io . M il. A S t . P a u l . . .
O
234
D e o . A B i o O r . c o m . ..
7 7 s,
Do
d o P r e f e r r e d ..
>*
E r i e .e o r a m o n . . . . . . . . . .
14>S
<
3 9 s*
1st p r e f e r r e d ......,,..
I llin o is C e n tra l . . . . . . . . I
1 2 0 >4
3
0 7 -*
L o u is v i ll e A N a s h v ille
M*i K a n . A T e x , , c o m ,
14-4.
o
1 4 5 s,
N. Y C c n n A H u d s o n
3
0
N . Y . O n t a r io A W » t ’ n
2M v
X
:
N o r f o l k A t v .'s t 'n p r e f :
01%
1
J fo r th e r n F a s t i s , c o m !
54
P r e f e r r e d ...................
P e n n s y lv a n ia . . . . . .
.
• P h lla . A R e a d ............
n ’«
* P h fl a .A R e a d .. 1 s t p r e f
33*4
* P h l!a .A H e a d .. 2 4 p r e f.
10*4
B o a t h 'n R a i l w a y , c o m . .
13
P r e f e r r e d .........................
55 7(1
O n i o n P a e lH c ............. .
49 k
N e w p r e f e r r e d ..............
83**
W a b a s h , p r e f e r r e d ..........
24
* P r ic e p e r sh are.
s A s s e s s m e n t p a id .

C

j m

m

c r c t a l i t m

t

J &

2 -* *
131A
227,
77
14*9
40
1 1 9 s*
0 7 -4
143*
144*4
9H H
0 8 <*
51
80T
*
| f 6N)
12*e
34**
10*4
li
5214
40*4
►
2*4
2 4 7*

28 h
1323a
23
77^
1 4 s*
10
119*,
675*
14 L
14 5 Hi
■ - 7*
3
8 8 *4
54
91*a
8 8 -M
123e

.3439
19
13
5 3 >#
4 9 *a
S 2 T*
2 5 7s

i s c c l l a u c o u s

H

2 7 7*
130*4
2 2 1*
70%
14*,
39
n s

14%
14 1
27 H
88*4
53*#
80 h
e « ’«
12*4
31
1854
1 ■•*
52*4
4 7 *.
» l\
24*a

c u j s

imports and Exports for the W eek .—T he follow ing m e
the imports at New York for the week ending for dry „oo()#
M*r, 39 and for the week ending for general merchandise
Mar, 31; also total# sin •« the beginning of the first week
n January.
TORSION IM PORT# AT s a w

F or week.
D ry G ood s . .
G e n 'l m e r 'd i s e
T o t a l....,
J a n . 1,

Si nee

1899

1

* I,7 0 7 ,7 0 li
9,473,916
*11,241.877!
*31.028,193
104,133,075

1898

TORS.

1897.

1890

*1,485,331
4,820,041

*2.004,343
9,413,041

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

*0,312,015

*12,077,394

* 1 1 .3 4 2 ,8 0 1

*30,497,518
95.090,585

•32,468,381
92,268,082

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

*133,187,204 *116,188.103 $12 4,737f0 ‘i3 * 1 3 0 .3 8 0 .4 0 4

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• D edu cted from TS*Qr©nib«?r "MlsoeHanGOTU'' 1097...............
R eceived fro m U nion P a cific R ailroad Purchnw* . . . . . ........
f D fld a e tM fru m N o r e m b e r "C ivil and M isce lla n e o u s" 109
U nin rested cash in U. P. Sinking P o n d ......................................
• D e d u cte d fro m D ecem ber “ M isce lla n e o u s" 1 8 9 7 . . . . . . .
R e c e iv e d fr o m U nion P a cific Railroad P u rc h a s e .........
• + D e d u cte d from D ecem ber "C ivil and M iscella n eou s” 1897
Paid o a t to secu re bids on K ansas P acific R a ilro a d .........
• D edu cted fro m Jan uary, ‘ 'M isce lla n e o u s" 1898.......
R a c e !r e d fro m U nion Pacific Railroad purchase 189 7-0 8.
* D d ucted fr >m M arch. "M isce lla n e o u s'* 1899..
K c 'd v o d on a cco u n t ».f Central P acific In d e b 'e d tie s s . . .
* D d u cte d f r m M arch, “ M iscella n eou s” 1898. . . . . . . .
R o c aired fro m K ansas P acific HR. p u rcb a “e 1 8 9 7 - 8 ,, ,, ,

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$ 8 ,538,401 00
$ 1 1 ,7 9 8 ,8 1 4 14
$ 3 ,0 5 1 ,5 0 0

[V ol . LXVIII.

THE CHRONICLE.

654

C a p ita l

Bank s.

To make the figures conform to the Government state­
ta n k of N e
ment, the amounts mentioned in above foot-notes should be M anhattan w oY ork.
C .........
added to the Receipts or Disbursements as indicated therein. M erch an t*’ ...............
M e ch a n ics’ . .............
W e have deducted those items, as they do not belong to the A m e r ic a ....................
regular income account, and if included would disturb tne P h e n ix ........ ..............
C i t y ............................
comparison with former and future years.
Chemical..-..- - ---M erch an ts’ E x o h ’ g*
T r e a s u r y C u r r e n c y H o l d i n g s . —The following compila­ G all k t in ......................
tion, based on official Government statements indicates the B a tc h e r s ’ A D r o v ’ re
Me
n ics’ A T r a d ’
currency holdings of the Treasury on the first of January, G rechnaw ic h .................f
e
L ea th er M a n u fa c ’ rr
February, March and April, 1899.
TREASURY NET HOLDINGS.
Jan. L, ’»9.
Holdings <n Sub-Treasuries—
*
R e i g old c o in and bu llion ...........946,629,170
n u t KG1U UUIU ituu UUIIIUU...
8,898,830
N e ts ilv e r coin and b u llion ..
1,560,639
N et U. 8. Treasury n otes.......
13,800,278
N et lega l-ten d er n o te s ..........
6,480.141
N et nation al bank n o te s .......
5,950,348
N et fra ctio n a l s ilv e r ................
....................

A p r. 1, ’ 99.
*
245 .41V 07
5,654,321
878,579
13.626,8^9
2S 13,402
0,894,374

Feb. 1, ’99. M ar. 1/99.
9
t
228,652,341 231,124,639
8,434,685
11,260.758
1,306,821
1,988,527
15,270,016
14,807,858
3.709.369
5.748.207
7.185,217
0,931,831

275,541,842
T otal cash in Su b -T rea s’s net.281,747,713 209,449,522 207,031,338
88,640,739
85,144,619
68.985,327
A m ou n t In national ban ks.......... 91,860,916 ________ _ ______ _________________

• a s s a s M S s s f c W “ S “ ■less; - w ®
A c t u n i cash balan ce..............294,704,095 274,584,670

59,103.513 284,043,164

• ‘C hiefly disbursing officers’ b a la n c e s /’

Beports of Non-Member B anks—The following 1b the
tatement of condition of the non-member banks for the
week ending April 1, based on averages of the daily results
We omit two ciphers (0 0 ) in all cases.______________________ __
BANKS. *
(0 0 s omitted.)

Capi
I ta l.

Sur­
p lu s .

D e p o s i l . to il/
Leg 1
L o a n sd
I n v e s t ­ S p e c i e . dfcB’k O l e a r ’ g O th e r
N o t e s . A g e n t . B k s .J c i
m e n ts.

N iw Y ork C m
BOROUGH OF
Ma n h a t t a n .

$
$
19,9
918.3
09,1
8 8 ,0
300,0 184,6 2,103,0
55,3
1 0 0 ,0
119,1 1.322,8
19,7
820,7
51,5
F ou rteen th Street 1 0 0 , 0
5
105,0
1 ,2
F ra n k lin N ationa l 2 0 0 , 0
13.3
642,6
15.1
2 0 0 ,0
G a n 8 e v o o r t..........
4*,8
93.2 1,236,1
2 0 0 ,0
H a m ilto n ......... .
H id e A L ea th . Nat 500.0 212.7 2.370,9 183.6
63.4
533,9
83.3
H o m e ....................... 1 0 0 . 0
67,4
250.0 99,5 1,450,2
M ou n t M o r r is —
16,9
949,1
2 0 0 .0
1 1 1 ,0
M u t u a l...................
19,2
716,0
25,3
1 0 0 ,0
N in eteen th W a rd
55,0
P l a s a ....................... 1 0 0 , 0 114,7 1,824,0
819,2
7,8
R iv e r s id e ................ 1 0 0 , 0 103,1
60,0
93,0 1,931,0
S ta te......................... 1 0 0 , 0
25,7
2 0 0 , 0 115.5 1.151.0
T w e lfth W a r d ...
882,7
25,0
48,5
T w e n ty -th ir d W ’ d 1 0 0 , 0
81,6
U n ion S q u a r e ........ 2 0 0 , 0 298.5 2.332.1 117,8
128.5 1,438,6
1 0 0 ,0
Y o r k v il le ..
BOROUGH OF
Br o o k l y n .
26,3
150,0 113,9 1,149,8
B e d fo r d ..................
28.4
B r o a d w a y ............... 1 0 0 , 0 118,9 1.393.5
69.5
300,0 107,6 1.120.5
B r o o k ly n .............
308,2
1 1 ,1
35,5
E ig h th W a r d ------ 1 0 0 , 0
24,3
557,4
1 0 0 ,0
53,0
922,2
6 6 .1
2 0 0 ,0
1 0 0 ,8
35,4
059,5
50,0
K in g s County....... 150.0
243.2
M a n u fa ot’ ra’ Nat* 252.0 412,0 2.359.2 119.3
500.0 401,9 2.288.3
6L,9
984,7
M ech ’ s ’ A TradUf- 1 0 0 , 0 192,0
800,0 557,5 3,875.0 2 1 0 , 0
300.0 544.4 2,396,0 118,0
National C it y ........
11,7
700,1
119.5
1 0 0 .0
N o rth S id e ...........
37.8
882,4
P e o p le ’s .................. 1 0 0 , 0 108,0
623,9
25,3
55.3
1 0 0 ,0
8ch en n erb ora ...
440.3
8.5
08,9
S even teen th W a r 1 0 0 , 0
09,2
BPrague N ation a l. 2 0 0 , 0 200,7 1,153,3
13,9
381,7
54.4
T w e n ty -s ix th W ’ d 1 0 0 , 0
8 .6
272.3
50.4
1 0 0 ,0
U n ion .. ..
1 2 ,6
530,0
l o o .o
36,7
W a lla b ou t.
B o r . of Que en s .
53,3
Q u een s Co. i jl.J. u . 1 0 0 , 0 128,8 1,857,0
BOROUGH OG
R ich m on d .
449,1
15,7
25,0 45,9
610,0
1 0 ,0
73,4
1st N a t.,S ta ten Isi. 1 0 0 , 0
Oth k k C it ie s .
4.327,9
1st N a t., J er. Cit) 400,0 727,7 2.152,7 179,7
03.1
250,0 526,2
62,9
I d Nat., J e r . City. 250,0 369.8 1.537,2
28.7
2 0 0 ,0
197,3 1,090,3
8d Nat., J e r . City
425,0 1 609,9 112,3
1 1 0 ,0
801 5
54,4
125,0 82,4
I d Nat., Hobokei

C o lo n ia l.........

T o ta ls a pr. 1.
T otals Moh. 25..
T otA ls Mch. 18.

1 0 0 ,0

$
$
83,7
62,7
79,0 152,0
72,0 240,4
104,4 236,0
60,0
1 2 ,0
36,4
42,3
78,2 133/2
97,0
201,3
41,6
37,9
70,7 107,6
137,9 185,8
90.0 107,6
70.0 1 2 0 , 0
81,4
36,9
99,0
34,0
109,6 115,0
63,7
77,0
225,1 304,2
72,2 127,6
95,4
82,6
130,3 127,8
39,5 202,5
40.9
17,7
2 2 ,6
53.9
39,4 224,0
69,4
25,7
271,7 567,9
93,0 159,3
51,1
98,3
225,0 492.0
324,0 421,0
42.4
46,0
31.8
0 0 ,6
27,9 117,8
34,3
61.7
1 0 ,0
150,0
17.0 124,5
28,5
17.1
39.2
41.8
70,2 274,0
17,2
25,8

80,5
113,7

N et
De
p o s it s

t

976,7
4,6 2,057.0
. . . . 1,565,9
1,103,6
70,0
118,3
652,9
1,349,4
1,808,1
582,5
27,3
287,5 1.951.0
207,1 1.191.0
190,0 1,107,4
1,814,0
814,3
13*9*6 2,160,0
165,5 1,580,1
142,8 1.099.3
2,795.0
0 0 ,6
1.599.3
1 0 0 ,0

73,"i
37,1
20,4

_
....

3*5,2
58,0
243,0
18,8
7*6*3
13.0
2 ,6

42.0
151,4

1,279.1
1,504,0
1 ,2 0 1 , 8
300,9
522,3
962,2
013,5
2.927.7
2.482.8
1.025.0
4.105.0
3,04 0,0
673,9
878,5
638,8
450.5
1 ,0 1 0 , 0
447,0
2 2 1 ,2

046.5

80,1 2,143,0
7

509,4
009,7

246,4 618,4 770.1
58,5 235,2 186,9
53,9 283,9
70,1 174,1 125,6
18,8 1 132.9 264,7
40,0
04,1 292,1

5,549,0
2,068,0
1,423,8
1,241,4
1.687,2
1 081,9

—

S 2 b 2 tc \ 6 .o 6 j ,i b i , 1 2 7 ,0 2 ,8 2 4 ^ 3 .7 8 3 3 7-S i 3 , i 3 . 939,0 6 7 .4 0 8 ,8
8 ,26 2 ,1 8 ,0 6 5 ,1 t o , 4 2 7 , 7 \2,8o0,6 3 , 8 1 7 , 0 , 7 , 7 8 9 3 3 ,9 4 5 .5 6 6 ,8 3 7 ,7
<3,062,1^8,760,8 6 6 ,9 2 3 ,7 3 , 6 2 8 3 4 ,2 5 0 ,4 '8 ,9 6 2 j 4 ,4 2 5 ,2 7 t I/J’7
S

New York City, Boston and Philadelphia Banks.—Below
we furnish a summary of the weekly returns of the ClearingHouse Banks of New York City, Boston and Philadelphia.
The New York figures do not include results for the non
member banks.
B u ilt

C a p ita l.
Surplus

L tta ls.

Loans.

$
$
W. Y . ‘
7
M at. 11., 133.000. 777.545.7
7
"
18. 133.000. 773.951.8
25. 134,091,1- 779.481.8
A p r. 1 131,094, ►779,951,1
tto i/
d
M ar. 18., 0 8 ,5 8 7 ,I 195.085.0
“ 25
08,587,3 194.845.0
A p r. 1. 08,687,? 198.089.0
U h lln .
M ar. 13 ! 35,388,1 131.318.0
35,388,0 133.030.0
” 25
A p r. 1. j 85,388,0 134.394.0

t
1902001
1900593
1902025
1871443
19.059.0
19.151.0
18.043.0

t
53.088.7
53.727.8
63,857,6
53.079.8

0,764.0 233.241.0
6,822,0 234 .318 .0
0,054,0 234.385.0

48.084.0
47.312.0
40.740.0

155.154.0
165.292.0
160.812.0

14,4*68,5
13,880,9
13,820,8
13,870,6

6.037.0
6.019.0
6.051.0

90,302,9
88,090,1
77,098,7

* W t oom it tw o ciphers in all these flaures.
+ Inludlng f o r B oston and P h lladel phla th e Item “ d u e t o o t h e r ban k s.”

New York City Clearing House Banks.—Statement of
oondition for the week ending April 1, based on averages
of daily results. W e om it two oivhers (0 0 ) in all cases.

L eg a te

ID e p o s i t s

............ 58,222,7 75^872^1 779,951,1 1871443

53.079,8 898,917.0

M e r c a n t ile ..............
P a o tflo ........................

Republio...... - ......

Ch atham ....................
P e o p le ’ s .....................
N orth A m e r ic a .......
H a n o v e r ....................
t r v t n g .........................
O itiaens*....................
N a s s a u ---------- -------M ark et A F u lt o n ..
S h o e A L e a t h e r ...O drn E x c h a n g e —
C o n tin e n ta l..............
O r ie n t a l........- - - - - - Im p o r te r s ’ A T r a d ’rP a r k ............................
E a st R i v e r ................
F o u r t h . ....................
O entrax.......................
8 e o o n d ............... —
N in t h ...............
—
F i r s t ....................
N. Y . N a t’ l E x c h ’ gt
B o w e rv .- - - - - - ---N e w Y o r k C o u n ty .
G erm an A m e rica n .

Chans.....................

F ifth A v e n u e ...........
G erm an E x o h a n g e .
G e rm a n ia .................
L in c o ln ......................

Garfield................

F ifth ............................
B ank o f th e M etrop
W est Side.............
S eab oard ..................
W e s t e r n ...................
F irst N a t. B ’ k ly n .
N at. U n io n B a n k ...
M
o d . E x c h ’ ge
R k .of N . A m ste rd a n
A s t o r ...........................

2.050.0
1.025.4
2.017.1
1.500.0 1.500.0
270.3
1,000,0
1,000,0 4.472.5
300.0 6.404.0
168,9
600.0
1,000,0 1.722.8
112,2
300.0
159.0
400.0
104.4
2 0 0 .0
477.8
600,0
130.7
300.0
490.9
1.200.0
6,000,0 2.005.9
3,659,]
5.000.
0
1.612.0
0
1 .0 0 0 .
1,024,4
1 ,0 0 0 , 0
472.3
422,7
844.1
1.500.0
980.0
450.0
263.7
200, C
571.1
700.0
1,000,0 2.295.3
360.0
500.0
375.5
600.0
257.5
50o;o
053.7
900.0
158.8
1,000,0
1,000,0 1.307.6
577.5
1,000,0
408.6
300.0
1.500.0 5.605.9
2,000,0 3.193.9
140.0
250.0
2.045.2
3.000.
0
404.7
1.000.
0
713.8
300.0
253.6
750.0
500.0 7,056,8
53,4
300.0
018.2
250.0
440.5
2 0 0 .0
283.5
750.0
1,000,0 1.252.4
100.0 1.170.2
571.8
2 0 0 ,0
739.0
2 0 0 ,0
773.9
300.0
869,2
2 0 0 .0
325.7
2 0 0 ,0
843.7
300.0
304.1
2 0 0 .0
413.2
500.0
948.2
2.100.0
940.4
300.0
1,200,0 1,084,1
358.0
500.0
321.9
1,000,0
320.4
250.0
144.0
350.0
2.050.0
2,000,0
2,000,0

Auction Sales.— Among other securities the following, m f
c
regularly dealt in at the Board, were recently sold at auction
By Messrs. Adrian H. Muller & Son :
S h a res.
N a t . C i t y B a n k ................... 1 6 5 6
H id e & L e a th e r B a n k — 118
N a t . P a r k B a n k ............ 5 1 9 -5 1 5
C orn E x ch a n g e B a n k ...332
O t is E n g i n e e r i n g & C o n ­
s t r u c t i o n C o ...................$ 1 0 l o t
1 5 S t a t e T r u s t C o .....................3 7 2 * 2
1 0 A t l a n t i c T r u s t C o ...............2 0 6
3 0 M e r c a n t i l e N a t B a n k . . 1 8 9 *s
5 0 B a n k o f N . Y . , N. B . A . . . 2 4 6 * 8
1 0 0 B o w e r y B a n k .......................3 0 6
9 0 N a t . S h o e & L e a t h e r B k .1 0 2
4 5 H a n o v e r N a t . B a n k .........6 7 5
2 5 L i n c o l n N a t . B a n k ............ 8 6 0
2 0 L in c o ln S a fe D e p o s it C o .2 0 2
2 0 0 C h a t h a m N a t . B a n k .........3 2 2
1 0 F i f t h A v e n u e B a n k ..........3 2 1 0
2 0 I m p o r ’s & T r a d / N a t .B k .5 4 9
4 G u a r a n t y T r u s t C o ..........6 6 1
6 0 F o u r t h N a t . B a n k ............ 1 8 2
4 0 M e t r o p o l i t ’ n L i f e I n s .C o . 1 9 7
1 C l i n t o n H a ll A s - o c i a t ’ n . 6 5
15 T it le G u a r. & T r u s t C o . . 3 3 5
1 0 0 M e c h a n ic s ’ N a t. B a n k .. 202*5
3 B a n k o f A m e r i c a _______ 4 0 6
3 M a r k e t & F u lt o n N a t .B k .2 3 6
10
50
36
20
13

S h a res.
5 0 P ie r c e , B u tle r & P ie r c e
M a n u f a c t u r i n g C o ...........
6
2 0 0 C a m e ro n C o a l & Ir. C o . $ l lo t.
B on d s.
$ 1 ,0 0 0 G a lv e s t o n ,T e x .,4 0 -y r .
l im i t e d d e h t S s , 1 9 2 3 , J & D . 1 0 4 * a
$ 2 , 0 0 0 C h a r le s t o n & W e s t e r n
O a r. R R . 1 s t 5 s , 1 9 4 6 , A & O .1 0 5
$ 1 . 0 0 C o l. S p r i n g . & C i n .R R .
1 s t 7 s . 1 9 0 1 ................................. 1 0 5
$ 2 ,0 0 0 F u lt o n M u n ic ip a l G a s
C o . 1 s t 6 s , 1 9 0 0 , J & J .............1 0 1 1
*
$ 4 1 ,0 0 0 F t . W a y n e E l e c . C o r ­
p o r a t io n d e b e n t. 6 s, 1 9 1 4 ,
A u g ., 1 8 9 7 , c o u p o n s o n -----5
$ 9 6 ,0 0 0 K i n g s C o . E l e v . 'j
R y . C o. 1 s t 5s, 1 9 2 5 ;
J a n ., 1 8 9 7 , c o u p o n s o n j
$.-14,000 K i n g s . C o . E l e v . I
R y . C o. 2 d 5s, 1 9 3 8 ; I $ 8 7 ,0 0 0
$ 3 1 ,0 0 0 h a v e A p r . , ’ 9 9 ,
lo t.
c o u p o n s o n a n d $ 3 ,0 0 0
A p r i l , 1 8 9 3 .........................
$ 1 1 0 ,0 0 0 K in g s C o . E l e v .
R y . C o. e o lla t e r ’ l tr u s t,
S e r ie s A , i n c o m e s ...........J

By Messrs. R. V. Harnett & Co.:
S h a r es .
5 S e c o n d N a t io n a l B a n k o f
O r a n g e , N . J ___ $ 1 2 1 p e r sh.
T e m p o r a r y o e r t if. f o r 5 0 0
B r o w n S eg m en ta l T u b e
W i r e G u n C o ., w h e n i n ­
c o r p o r a t e d ......................... $ 6 2
B on d s.
$ 5 0 ,0 0 0 V a . T e n n . & C a r o l i n a
S t e e l & I .C o . e o l la t . t r u s t 6 s,
1 8 9 1 c o u p o n s o n .....................$ 1 0 0

B on d s.
$ 3 7 ,0 0 0 B r i s t o l L a n d C o . 1 s t
4s, 1900; 1893 cou p on s o n . $ 1 0 0
$ 3 ,0 0 0
T ow n
of
B r is t o l
(T e n n .) 6 s , 1 9 1 9 ; 1 8 9 1 c o u ­
p o n s o n ......................................... $ 3 0
C o l u m b i a F i n a n c e & T r . C o .,
o f L o u i s v i l l e , K y ., c e r t , f o r
$ 2 ,0 0 0 , l s t s , B ig S to n e G a p
I m p r o v e m e n t C o ..................... $ 5 0

gaw king and Tfim w cial.

S
12018794
12463228
12479371
12938392

5.098.0 127,451,3
5.057.0 128.909,6
5.068.0 124.941,9

S p ec ie

18.805.0 0,474,0
15,227.2 2.938.7
12.390.0 2.042.0
25,332,9 0.224,9
907.0
4.901.0
98,I f 0,3 31,056,9
27.933.4 9.843.1
5.978.0 1,403,4
8.478.6 1.175.8
1.092.9
258.1
1.054.0
207.0
998,3
102.3
4.081.0 1.041.3
2.250.0
017.0
4.178.3
095.0
28,0£0,0 4.049.0
37,110,8 1.760.3
7.627.9 1.597.3
13.589.5 3.234.1
2.910.7
403.5
20.655.4 5.289.0
7.048.0
939.5
2.05 6 , 8
364.1
14.809.0 2.301.4
41.281.4 12.338.0
3.971.0
464.1
2.097.9
787.0
2.075.7
530.0
0,896,3 1.713.1
3.737.2
829.4
12.983.6 2.557.0
0,858,3 1.809.5
2.100.0
170.0
25.371.0 5.681.0
49.527.0 15.908.0
1.389.2
249.2
25.021.7 4.400.6
12.021.0 3.329.0
7.427.0 1.495.0
032.7
2.950.0
38.154.5 8.469.2
2.039.0
344.0
099.1
2.940.0
045.3
3.303.9
480.8
3.134.2
£0,408,9 7.993.3
8.498.7 2.120.7
368.9
2.110.5
015.2
3.230.4
0,340.5 2.443,2
0,190,0 1.340.1
444.7
2.118.4
6.083.4 1.422.8
401.0
2.498.0
12,223,0 2.718.0
32.420.8 8.109.1
705.8
5.263.0
15,243,4 3.587.8
4.109.1 1,139,6
644.2
3.934.8
3.869.3
699,7
770.0
3,520,0

Broadway..............

Deposits.^ Oire’ l’n. Olearir, s.
906,055,2
898.851.7
902.250.7
898 ,917 ,0

ijo a n s

$860,0 $10,090,0
1.874.0 24.112.0
1.179.3 17.959.1
713.0 12.170.0
2.203,2 31,C09,2
4.882.0
251.0
3.169.4 121,020,7
1.623.7 32,494,7
0,090,0
300.9
7.125.4
658.0
1.325.2
143.9
1.714.0
136.0
040,0
188,2
4.057.2
394.7
2.841.4
175,4
3.873.7
259.8
3.200.0 24.076.0
3.033.8 21,113,6
7.315.8
193.2
701.0 14.587.2
3.472.5
504.1
531.3 23,073,9
7.285.0
856.3
2.837.0
450.4
940.0 16.587.2
2.101.8 53.778.3
4.150.0
504.8
3.013.0
10 1 ,6
3.273.7
238.0
7.895.5
000,0
4.210.0
207.7
1.115.0 14.431.1
8.513.3
350.8
2 ,( 80,0
852.7
1.035.0 26.085.0
2.208.0 63.478.0
1.377.0
100,3
2,248,8 27.101.4
937.0 15.723.0
8.503.0
643.0
3.257.0
264.0
774.9 39.694.4
2.284.1
323.1
3.801.0
351.9
3.958.4
322.0
3.075.4
292.5
4,030.1 40.098.3
9.838.2
422.6
3.163.9
804.2
4.874.8
657.2
278.1 10.831.3
7.668.7
572.9
2.303.5
118.8
7.623.8
795.5
2.872.0
323.0
1.313,0 15.305.0
1 384,1 38.911.0
5.667.0
830.5
354.2 16.341.0
5.029.8
144.1
3.485.2
253.6
4,198.7
207,8
3.036.0
246,0

S e v e n t h .........- - - - - S tate o f N e w Y o rk .
A m erican E x o h a n g
O o m m e r o e ........... —

Total

tiu r p l's

$2,000,0 $1,870,5 $15,470,0 *3,430,0

Spencer

Trask

8c C o .,

BANKERS,
2 T & I9

r iK E t lR E E T ,

.

.

.

N E W

Y O R K ,

8 5 S ta te S tr e e t, A l b a n y .

IN V E S T M E N T

S E C U R IT IE S .

George BaroLat Moffat.

M

o f f a t

A l e x a n d e r M . W h it e , J r .

& W

h it e

,

B A N K ER S
N o. I N ASSAU S T R E E T ,

IN V E S T M E N T

.

.

.

N E W

S E C U R IT IE S .

Y O R K

THE CHRONICLE

A pril 8, 1899.]

Posted rates of leading bankers follow:

C a n k e rs ' JSaxette.
d i v i d e n d s

65 5

A p ril 7

S ix ty d a y s .

P r im e b a n k e r s ’ s t e r lin g b ills o n L o n d o n .
N am e o } C om pany.

D em a n d .

.

P e r i W hen
C e n t. P a y a b le .

B o o k s c lo s e d .
( B a y s i n c l u s i v e .}

4 8 5 ® 4 85> « 4 8 7 ® 4 87*9
4 8 3 M » 4 8 3 is
4 S 2 % ® 4 833i
5 2 1 > 4 ® 2 0 9 la
5 1 8 iu ® 18%
3 9 1 6 16® 4 0
d 0 * i6 ® 4 0 * s
9 4 9 , 6® 9 4 5 8
9 5 * a ® 9 5 S i«

-

-

R a i l r o a d * ( S t e a m .')
F r a n k f o r t o r B r e m e n (r e lc lx m a r k s ) b 'k e r e
1 !$ 1A p r i l
I ------ t o --------------------B e l t R R . A S t k .Y d s ., I n d ..p f .( q u .)
1 M ay
1 A p r.
15 to A p r. 20
C e n t r a l R R , o ( N . J . ( q n a r .j ..........
Onlted States Bonds.—Sides of Government bonds at tne
1*9 A p r i l
1 ------------ t o ---------------C h i c a g o A W e s t I n d . i q u a r . ) .........
Board include *18,000 4s. coup.. H 25, at 129"s ; $12,900 4s,
2a»
A p r il
1 5 A p r .2 t o A p r . 1 1
G e o r g i a R R . A B ’ k ’ g ( q u a r . ) .........
2*4 A p r i l 3 -------------t o ---------------- coup., 1907, at 113 to 113)i'; $2,000 o s , coup., at II3L to 1 1 3 ;
4
N e w L o n d o n N o r t h e r n ( q u a r . ) . ..
S treet R a ilw a y * .
$97,000 3s, conp., at 107 T to 1OS1 '; $300 ditto (small bonds) at
g
4
I t s A p ril
1 M ar. 2 3
to A p r. 1
B r o c k t o n (M a e * .) 8 ( . R y . ( q u a r .)
1074(5
For
\ A p ril
1 —
—
to
— ----------------- to lOSW and $32,000 3i, reg., at 1075,, to 107J..J.
C a p it a l T r a c .W a * h .,D .C . (q u a r .)
1
A p r il
1 0 A p r . 1t o A p r . yearly range see seventh page following.
10
C l e v e l a n d C it y B y . (q n a r .i ------1
A p r il
5 M u r. 3 0 t o A p r . 5
C l e v e l a n d E l e c . R y . ( q u a r . ) .........
1
A p ril
1 M ar. 2 3 to A p r . 1
L o w . L a w . A f la v e r t ilt i 3 t . R y . .
In terest A p r.
A p r.
AJ jT'
6 0 o . A p r i l 101 M a r . 3 0
to A p r . 13
M a r k e t St. E y „ S a n F r a n .( q u a r .)
T
P e r io d s .
-\ r
T 13
A p r !!
15 A p r . 6 t o A p r . 1 1
N o r t h C h ic a g o S t . R R . ( q u a r . ) - .
1
A p r il
1 0 A p r .1 t o A p r . 8
P i t t s b u r g & B i r m in g h a m T r a c t .
1 M ay
1; A p r .
21 to M ay
1 2 s , ............................r e g .
S o u t h “ Id o E l e v a t e d (C h ic a g o )
.. - M o b . • 99*9 * 9 9 * s * 99*3 • 99*9 • 99 *9 ‘ 99*9
1
'A p r i l
1 to
—
W a t e r b a r y (M a a s .) T r a c t i o n .........
3 s , 1 9 1 8 .............. r e g . * . - F e b - G O T 1 1 0 7 M •107*3 *107*e * 107 *s 107 *9
*
B ank*.
3a , 1 9 1 8 . ...........o o a p .
-1 0 8
1 0 7 's 1 0 8
107T8 1 0 7 7a 1 0 3 *4
F i f t h A v e n u e ( q u a r .) ........................
.....
.-F e b .
3 s . 1 9 1 8 , s m a l l- r e g .
2£
| A p ril
l| M a r . 2 3 t o M a r . 3 1
“
•
“
( e x t r a : ____________
. - F e b . • l b ? ! .] 107 *9 •107*3 * 107 lfl '1 0 7 * 9 103 *4
3 s , 1 9 1 8 ,a m a I L .o 'p .
3
A p ril
13! A p r . 6 t o A p r 15
N . Y . P r o d u c e E x c h a n g e ..........
*112
• 112
. - J a n . -1 1 2
i a , 1 9 0 7 .............. r e g .
*112*4
*112*9
1>*
A p ril
l ! to
-------------R i v e r s i d e ( q a a r . ) .........................
. - J a n . •« 12*9 * 1 1 2 3 j 1 1 3
*113
113
113
4a , 1 9 0 7 .............o o a p .
T r u s t C o m p a n ic * .
. - F e b . *129
* 129*4 '1 2 iH | *12900 * 1 2 9 %
4 a , 1 9 2 5 ...............r e g .
•129
1
,A p r i l 3 M a r .
1 9 t o A p r . 3 4 a , 1 9 2 5 .............o o u p . Q . - F e b . • 120
B r o o k l y n . B r o o k l y n i q u a r . ) .........
*129
1 2 » 3 » *129*4 •12938 * 1 2 9 %
2
A p r i l 1 ------- t o --------------------- 5 a , 1 9 0 4 ...............r e g . Q . - F e b . '1 1 2 * 8 •11201 * 1 1 2 % '1 1 3
L o n g Ini. L . A T r .. B 'b f y n .lq a a r .)
*113
*1 1 3
3
|M a y
1 A p r . 28 t o -----------N . Y . S e c u r i t y A T r e a t ....................
Sa, 1 9 0 4 ............ o o u p . q . - F e b . •112*9 1 1 3 8 ) • 1124) 113*4 • 113
’ 113
F ir e X u*u r a n e e .
t
jA p r i l 1 0 A p r. 4 t o A p r . 9
N o r t h R i v e r . . . . . . ..................
[
• T h is 1* t h e p r l o e b i d a t t h e m o r n i n g b o a r d ; n o s a l e w a s m a d e .
y ila e e lla n e o a a .
A m e r . T o b a c c o , e on s, ( q u a r . ) . . . , ;
2
)
i
State and Railroad Bonds.—Sales of State bonds at the
It
It
li
• 100 ’ M a y
L A p r . 1 8 t o M a y 10
Board include $50,000 Tennessee settlement 3s at 97L5,
“
“
p r e f . ( q u a r . ) ___ :
$11,000 Virginia fund, debt 2-3s of 1991 at 84}£ to 8i% and
A m e r i c a n T y p e F o u n d e r s " ............. ;
1
A p r i l 1 3 ------------- t o ------------F l a t T o p C o a l L a n d A n n'ii. c o m ,. j
$2,000 Louisiana consol. 4s at 109 '.,'.
J**£< M »y
1 ------------ t o ------------"
"
"
'•
“
p r e f.
On a volume o f business somewhat smaller than last week,
I t * [ A p r i l 15 A p r . 1 t o A p r . 1 0
K n ic k e r b o c k e r I c e , N . Y .,p f.( q u .)
11*.
1 nwlt
_ V r s _______
but averaging about $3,650,000 par value per day, the market
N . Y . A N . J . T e l e p h o n e ( q a a r . ) .!
S p ir it s D is t r ib u t in g 1 at p r e f ____ I
1 J A p f M*i: A p r . 1 0 t o A p r . 2 5 for railway bonds, in sympathy with that for stocks, showed
'•
M
2 4 p r e f ___
a tendency to weakness. Declines in this department, where
S t r e e t '* W . Btu C a r L , c o m . ( q u . ) j
^*9 [A p r il 2 3 ! A p r. 11 t o A p r . 2 4
such have occurred, were relatively limited, however, and
C n lt e e l S t a t e * R u b b e r , p r e f .j q u .l!
generally without significance. There were some notable
* In co m m o n stock .
exception* to the rule, including St. Louis & Iron Mountain
W A L L J4T R K K T . F R 1 D A Y , A , ,U j t, ? .
P . 91.

The Money Market and Financial Situation.—The un­
usual demand for stocks, especially those o f a speculative
character, which was the prominent feature o f the market
early in the week, has been reversed, and there is now about
as much eagerness to sell as there was to buy. The change
came about chiefly at the result of a firm *r money market,
and an inclination on the part o f leaden to discriminate
against the industrial stocks as collateral. No doubt the ap­
plication for loans on that class of collateral was increasing
as the leniency to speculation Increased, and with a larger
demand for loans which has resulted from a broader
and more general business activity, it seems perfectly
natural for bankers to favor applications of the latter
class. Other than the money stringency tuere is no spacial cause for snob a decline in railway shares as has
taken place. It is largely sympathetic.
W ide fl ictuations have accompanied the active speculation in indus­
trial and traction shares, and all classes of stocks were
affected. Railway earnings reported this week have been
remarkably good in most cases and the outlook in this par­
ticular is decidedly encouraging. Unseasonable weather in
the We-t and its effect upon the winter-wheat crop is made
much of by the element which is encouraging lower prices on
the Stock Exchange, bnt iu this connection it is well to re­
member that almost no harvest has been gathered in recent
years which Wall Street operators had not long before pre­
dicted would be a failure.
The open market rates for call loans on the Stock Exchange
daring the week on stock and bond collaterals have ranged
from 8 to 16 per cent. To day’s rates on call were 5 to 15
per cAnt, Prime commercial paper qnoted
to 4J4per cent.
The Bank of England weekly statement on Thursday
showed a decrease in bullion of £717,409, and the percentage
of reserve to liabilities was 87'20, against 8810 last week; tne
discount rate remains unchanged at 3 per cent. The Bank
of France shows an increase o f 3,950,000 francs in gold and
an increase of 8.650,000 franca In silver.

5s, which advanced 2 points, Texas & Pacific 1st 5s, which
advanced 14* points. Wabash debenture series B, which ad­
vanced about a point, and Manhattan Railway consol. 4s,
which advanced nearly 2 points.
Stock and Bond Sales.—The following shows the volume
of business in stocks and bonds on the Mew York Stook
Exchange for thepast week and sino t January 1.
S ou s
r - W eek e n d i n g A p r . 7 — .---------J a n . 1 t o A p r . 7 . -------- ,
N. T .a to e k K s e k .

1899.

(k p „ rn m *n tb o n d l
State bond*............
a a .h m U O .b o n d *.

* 1 5 7 ,* 0 0
78.0 0 0
18.40H.500

T O U T ................. * 1 8 ,0 8 0 ,7 0 0
Stock*— !»0 .4 b * r * t
0,0.01,783
Par T » la * .,,,* 5 9 0 ,9 7 2 .1 6 o
a * n k lh * n * ,p * r T * l
* 7 ,5 0 0

1898.

1899.

* 3 9 7 ,0 0 0
80,300
7 ,8 0 4 ,0 )0

*< ,0 1 1 ,8 9 0
1,851,300
* 3 8 ,0 0 0 ,0 0 0

1898.

* 8 ,6 7 8 ,0 0 0
< 15,800
8 4 7 ,7 4 0 ,8 1 0

*7 ,5 3 7 ,5 0 0
* 3 4 4 ,8 8 8 ,1 0 0
*8 5 6 ,7 4 0 ,8 1 0
1,<77,478
04,184,401
80 ,6 1 9 ,6 3 7
* 1 0 4 ,3 1 0 ,0 0 0 * 0 ,1 9 1 ,0 8 9 ,7 5 0 * 8 ,9 8 4 ,7 0 4 ,8 8 6
* 8 0 7 .8 3 5
* 8 0 ,8 0 0

We add the following daily record of the transactions:
W e e k e n d in g
-S t o c k s .------------, R a il r o a d , A c. S ta le
A p r . 7 ,1 8 9 9 .
S h a res.
P a r v a lu e.
B on d s.
B on d s.
S atu rda y............. ,,. * 0 3 9 , 7 9 1
*4 8 ,8 8 3 ,1 0 0
*1 ,6 7 4 ,0 0 0
*51 ,0 0 0
M o n d a y .................. 1,808,447
1 8 « ,1 * $ ,» 5 0
8 ,590.000
18,000
T u «* J * y .................. 1,001.841
108 ,458 ,75 0
4 ,9 04.500
.........
W a d n m d a y ............. 0SL 1O 5
0 7 ,5 1 5 ,8 5 0
4 ,(0 4 ,5 0 0
1,000
T b a r » d » y „ . . . , , , , , 954 ,9 3 *
94 .0 3 5 ,0 0 0
8 ,3 87,600
9,000
r r td » y ......... ........... 1,888,870
1 8 6 ,901 ,30 0
8 ,0 9 8 ,'0 0
......
T o t a l.........., ,..0 ,0 3 8 .7 9 3

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

19.408,500
19,408,500

3
* 7 8 ,0 0 0

XT. 8 .
B on d s.
*5 0 0
63,000
1 8,500
11,500
0.600
05,000
* 1 5 7 ,8 0 0

The sales on the Boston and Philadelphia Exchanges were:
L isted
sh a res
S a tu r d a y .. 71,365
M onday ...1 8 6 ,7 1 3
CuiM-lay... 08,0 iu
W a d r * : ! 1 0 0 ,HO
Thar*<lay.. 76,364
Friday v .,. 109,887
T o t a l . .. . 5 7 7 ,7 * 3

- B o s t o n .U n lis ted
sh a re*.
iv iia
19,053
10,6 tO
0,411
10,881
17.844
8 0 ,984

B ond
s a le s .
#6H.27:>
47.7,333
396 ,430
085 ,5*5
4 08 .745
S07.585

L is ted
sh ares.
47,574
83,403
4 7,049
38,870
85,884
58, * * *

* ,5 8 3 ,3 7 2

3 1 3 .1 4 2

P h i l a d e l p h i a , --------—
U n lis te d
B ond
sh a res.
s a te s .
2 5 .27-<
351 .100
103.670
68,007
5 3,583
136 ,325
62,202
180 ,000
1 02 ,800
108,081
7 2,787
112 ,450
880 ,588

733 ,154

Railroad and Miscellaneous Stocks.—
-The stock market was strong at the opening ou Monday, and under
a sharp demand the highest quotations of the week
were generally recorded. The movement was most pro­
nounced in the industrial and local transportation stocks.
The advance, which amounted to from 3 to 10 points in
SE W TOBK C riT CLBARJSO HOtTSS STATKVfBST.
many cases, led to considerable selling to take profits, and
the advance noted was not maintained. Since Monday the
1898.
BiJT eren's/r’ m \
1898.
1897.
market has been irregular, with an increasing tendency to
A p r. 1
P res. w eek .
A p r . 2.
A p r. 3,
weakness and a sharp decline in many issues.
$
Reports of damage to the winter-wheat crop were used
Capital............ . . . . I 5 8 ,2 2 2 ,7 0 0
.... .......
I 5 9 , ,0 2 2 ,7 0 0 5 9 , ,7 7 2 ,7 0 0
with some success by the bear element to depress the
Surplus................... 7 5 .8 7 2 .1 0 0
.............
! 74, ,2 5 9 ,1 0 0 7 3 , 9 3 3 ,8 0 0
granger shares. The best illustration of the irregularity
L o a n * A d la o 'n ta - 7 7 9 ,9 3 1 ,1 0 0 I do . 489,309 595.,9 5 1 ,2 0 0 5 0 2 , ,7 3 2 ,7 0 0
C ir c u la t io n .......
1 3 ,8 7 0 .6 0 0 Jtic.
of the market is found in the extreme fluctuation
4 9 ,4 0 0
13,,9 6 5 ,5 0 0 ,; 13,,7 0 1 .9 0 0
Set d e p o s i t s . . . . . 8 9 9 ,9 1 7 .0 0 0 D e o 3, 8 3 3 , 7 0 0 8 8 2 , .2 3 0 .8 0 0 5 6 9 , ,2 2 6 .5 0 0 of some of the most active issues, including Third
S p e c i e .........................1 8 7 ,1 4 4 ,3 0 0 D e c 3, , 1 1 8 ^ 0 0 ,1 4 1 . ,5 5 6 ,2 0 0 ! 95, ,9 8 8 ,3 0 0
Avenue, which covered a range of 20 points: Metropolitan
L e g a l t e n d e r s ___ j 5 3 ,0 7 9 .8 0 0 D e c.
7 7 7 ,8 0 0 64, ,7 2 3 ,8 0 0 103 , 9 8 4 ,9 0 0
street, 32 points; Manhattan Elevated, over 22 points;
R e s e r v e h e l d ........ 2 4 0 .2 2 4 ,1 0 0 ; D e c.3 , ,8 9 0 ,0 0 0 206 , 2 8 0 .0 0 0 ! 1 0 9 ,9 7 3 .2 0 0
Brooklyn Rapid Transit, nearly 30 points; American Sugar
L e g a l r e s e r v e ____ 2 2 4 ,7 2 9 ,2 5 0 D e c . 9 3 3 ,4 2 5 170, ,5 5 9 ,2 0 0 1 4 2 ,3 0 6 ,8 2 5
Refining, 27 points; International Paper, 16 points; Federal
B n r p l a * r e s e r v e 1 3 . 4 9 4 .3 3 0 D e c 3 , 0 6 2 ,5 7 5 1 3 5 , 7 2 0 ,8 0 0 4 7 , 6 6 6 ,5 7 5
Steel, 17?j points; American Steel & Wire, 12 points, and Peo­
Foreign Exchange.—The market for foreign exchange has ple’s Gas, 18 points. For the movement from day to day
been dull and somewhat sensitive in tone, with a tendency to and closing prices our readers are referred to the following
________ ______ ______
pages of quotations.
weakness at the close, but no important change in rates.
To-day's actual rates of exchange were as follows ; Bankers’
Inquiries and Corrections.
sixty days' sterling, 4 8 3 \ 34 84 ; demand, 4 8 6 ® 4 8 6 V ;
4
ht . PAXTh A Dtrr i m i C o m m o n S t o c k .—A co r re s p o n d e n t w rites us question*
oablee, 4 86%'®4 37; prime commercial, sixty days, 4 834,® in * th e e->rn®ctne*s o f the w le p rice o f 4f&£. rep o rte d f o r this Block on M arch
in. A sale 0/ 100
J
flRtire
to ck xcljam re
4 85}}£: documentary commercial, sixty days, 4 821/134 83 V ; fo r that day, and share*? ardthisly u«e<J w at record ed In the SIt In o E r range. lint
» n acco in g
H and Incorporated
u
On
«
grain for payment, 4 83tj'®4 83 V : cotton for payment, 4 82 V M on day o f fbi* u> * , h ow ever, th e official Hat ann ou n ced that, the report o f
sale referred to wa* “ an error.1 W e th e r e fo r e n o w elim in ate that Bale and
’
(9 483; cotton for acceptance, 4 83*^i(M83t£.
m ake th e neceasary re v isio n la ou r range fo r th e year t o date.

THE

656

C H R O N I C L E .- 'STOCK

PRICES (2 pages) P a g e 1.

[Vol. LXVlll.

New York Stock Exchange—A Daily, Weeklv and Yearly Record.
S T O C K S — H 1 0 H B 8 T A .H D L O W E S T 8 A .L B P R I O B S .
S a tu r d a y ,
A p r il 1.

M onday,
A p ril 3

T u esd a y,
A p ril 1

STOCKS.

F rid a y ,
A p r i l 7.

W ed n esd ay T h u rsd a y
April 6.
A p r i l 5.

N. Y . ST O C K E X C H .

R an ge f o r yea r 1899.
S a le s
o f th e O n b a s is o f s o o - s K r e lo ts
Week..
L o w e s t.
H ig h e s t .
S h a res

R a n g ef o r p rev i­
o u s y e a r (1 8 9 8 ),
L o w e s t.

H ig h e s t.

R a ilr o a d S to c k s.
17% Jan 14
11 A p r 15 F eb
200 14% Jan
^ n n A rbor.
10
•14
•14
16
•14
10
•14
15
•14
10
30% M ar
40 Jan 14 84 Jan
40% F eb
Do
pref
30% 30%
•30% 38
38
•30J4 38
•8614 38
•3074
•3074 38
2 4 % F « b 23
10% A p r 19% Deo
20 % 21% A toh. T op ek a & Santa F e . 19,879 18 Jan
21% 21%
81% 21 %
8 1Hi 88
8154 21 %
8174 2274
07 F eb 23
22% M ar 5 2 % D e c
Do
pref 233,802 50% Jau
50% 01%
60% 02%
68
03%
02% 0194 83
6874 04
61%
2,094 00% Jan
74 % Jan 20 *12% Jan
72% D eo
a lt.& 0 .,tr.re c.a il ins.pd
70% 70%
71
71%
72
7274
72>4 78
7274 7374
3,730 53% Jan
00 Feb 24
31 O ct
58% D eo
D o new , w hen issued
50% 57%
57% 57%
58
59
58
59
58
5874
68^4 58M
3,075 75% Jan
79% Jan 27
08 O ct
D o pref., w hen issued.
79 % D eo
70% 77%
77% 78
77
77
7774 7774
78
78
73
7774
9% Jan 27
4% N ov
8% F eb
Balt. A o . S. W . p f., tr. rec.
9 % D eo
•8%
9%
484,743 77% Jan
1 30 % M ar 29
35 Mar 78 % D eo
1 0 0 % 1 2 0 % B rooklyn Rapid T ransit
12874 13274 12 7 % 1 3 2 % 1 2 1 % 1 3 0
138 13414 13094 130
3 0 % Mar 24 35 F e o 4
25 Mar 34 Sep
Buffalo R o o h . & P itts b u rg .
*30
35
•30
35
•30
35
•30
85
•80
85
73 M a r lS 78 Jan 14 62 May 7 0% 8ep
Do
pref.
*04
75
•84
03
•05
74
•04
75
•04
75
100 Ja n 17 110 Jan 31 §65 M ar §8 9 D eo
Burl. Cedar R a p id s A N o . .
100 . . . . . •100
•105 . ..
*105 . . . .
110
•10 0 . . . .
912 84% M ar 15 90% F eb 24
72 A p r 90% Jan
Canadian P a cific .............
85% 85%
•80% 87%
87
87
87
87%
88
*8 7 % 87% •87
2,000 54 J a n 5 70 Jan 23
4 4% Mar 58 D eo
Canada S o u th e rn ...........
50
53
58
58%
*59% 59%
59
59
59
59
59
5974
29,405 97 J a n 3 121% A p r 4
8 3 % O ct
99 D eo
Central o f N ew J e r s e y .-.
118
119 119}4 11874 12074 11874 12174 12074 121% 11 7 % 1 2 0 % 114
T49% 51% C en t.P ao., Speyer& C o.ctfs 11,320 T 4 9% A p r 7 T53 A p r 0
51 T53
51
51%
50% 51
5054 5874
5114 5194
8,420 2 4% J a n 5 81 % F eb 2
17% M ar 26% Deo
20
20% Chesapeake A O h io...........
2 0% 27%
87% 27%
87% 27%
8754 38
------ 89
10U 108 Jan 14 1 7 5 % M ar 25 §150 M ar 172 D eo
C h icago & A lt o n .................
105
•105
171 171
'171 . ..
172 . . . . .
•173$
5192 Jan 3 §199 Feb 10 §106 Mar §177% D ’ o
•103
Do
pref
♦190
•190
...
195 . ..
•190 .......... T 9 0 . . . . .
174,180 124% Jan 7 149 % F eb 18
85% M ar 12 5 % D eo
144
14594 14354 14374 14374 14494 1 4 3 % 1 4 0 % 14 2 % 1 4 5 % 1 3 9 % 1 4 8 % C h icago Burl. A Q u in c y ...
1.550 59% Jan 4 75 M ar 27 49 “A p r 00 J ’ n e
*
C hicago A B ast. I llin o is ...
71% 73
72
72%
73
73
74
75
7474 74H
255 112% J a n
3 125 M ar 2 102 Jan 113 % F eb
Do
p re f.
123 123
183 123
45,325 15 J a r 20 2 0 % Jan 23
<'%Feb 18 A u g
C h icago G reat W e s t e r n ...
15% 10
15% 16%
10
10%
IB
1074
1674 10 %
1014 1054
1,150 8 3% Jan
i J ’ ly
3 9S % F eb '.5
D eo
D o 4 p.c. deben tu res.
90% 91
91% 91%
91
91
•90% 91
9074 91
90*4 81
2,845 50% J a n 5 73% F eb 24
e M ar
Do
5 p .o . pref. “ A ” ..
D eo
70
71
71%
71%
70% 7174
7074 71
71
7174
7074 7174
1.550 29% Jan 18 37% M ar 28 20 Apr
N ov
Do
4 p .c. p ref. “ B ” .
36% 30%
37
37
37% 37%
36% 37
37
37*
3074 3794
20
7 Feb
7% Jan " l l % F e o 14
J ’ ly
§8
8 Chic. Indlanap. A L ou isv.
•8%
9%
$8
9%
8
*8%
*854
»%
48 Mar 7 23 Apr 8 8 % J ’ly
1,900 31 Jan
Do
p re f.
42
44%
44% 44%
44% 44%
4454 44%
4454 4454
147,350 120% Jan
1 33 % F eb 20
~~ ‘
83% A p r 120 % D eo
12774 12854 13754 12854 12774 128% 1 2 7 % 1 2 9 % 120% 129% 1 2 4 % 1 2 7 % C h icago M llw . A St. P a u l..
630 180% Jan
173% Mar 17 140 A p r 1 6 0 % D ec
Do
pref.
169% 109%
......... 171
•......... 171
171
171
170% 17076 ......... 170%
168 M ar 29 113% M ar 1 4 3 % D ec
154 158% C hicago A N orth W estern . 19,002 141% Jan
158 i e o
158% 101
159 100
15854 10174 15974 101
188 J a n 19 194 Mar 20 163 Jan 1 9 1 % N ov
Do
pref.
•190 193
192 196
•193 195
192 195
•193* 195
190
•193
80 M ar 1 1 4 % D ec
119 11954 11874 130% 11874 11974 11874 120% 117 118% 115 117% C h icago R o c k Is l. A P a c . . 00,970 113 Jan 7 122% Jan 27
1,070 91 F eb 8 100% Jan 20
05 M ar, 94 D eo
92
94% Chic. St. P. M inn. A O m ...
94% 94%
9574 90
97
97
9P% 90%
•80
98
170 Jan 16 170 M ar 21 §148 Jan 170 N ov
♦105 175
Do
pref.
♦165 175
•168 176
•188 170
•168 170
*170
170
2,780
25% M ar 27
7% Jan
4% Jan
9% M ar
Chic. T erm inal T r a n s fe r ..
20
20
20
20 %
2074 22
§2 1 % 2 i% •2174 22%
2 2 H 23
0,225 80% Ja n 8 50% M ar 27
22% Jan
37% A ug
Do
p re f.
52
51
50% 51%
5174 52%
53
5274 52%
50% 53
02 F eb 2 25 Mai
47% A ug
59% Clev. Cln. Ohio. & St. L ___ 14,083 4 2% Jan
58
59%
59
007
00
0C% 5994 6174 58% 59%
102% Jan 20
7 7 % Mar 97 D ec
1,105 95 Jan
97
Do
pref.
97
9774 98
90% 97%
9074 97{
l l% M a r 19% Jan
2 0 0 10% M ar 28 16% Ja n 26
Clev. L o ra in A W h e e lin g ..
13
•9
•9
1254
•9
12%
•9
12%
12% 12%
•9
41 Ja n 20 44% Jan 5 43 N ov 53% 8ep
43%
Do
pref.
43%
. . . . . 43%
. . . . . . . 4874 . . . . . . 43%
184% M ar 6 184% M ar
170 J ’ n e §174 A u g
C leveland & P ittsb., guar.
*180
180
.........
•180 . . .
5 % J’ ne
9 Jan
9
7 Feb 6
D eo
C olorado M id., v o t. tr. ctfs.
15
5
19% Jan 0 22% Jan
14 J ’ ne 2 0 % D e c
D o p ref. v o t. tr. ctfs.
8 % Jan 0
2,780
6% N ov
0% Apr 7
8% D ec
7
7
7
0%
0% Col. & Son. (w hen Issued).
7%
7
7
0%
4 3 % N o v 50% D eo
3,130 49% Jan 8 5 8% M ar 17
54
Do
1st p ref. (w. 1.).
54% 54%
54% 54%
55
55
55
5474 5494
14% N ov 20 D e c
3,294 18% Ja n 8 25 M ar 22
Do
2d p r e f. (w. i.).
21
22
22
21% 21%
22
22
21% 21%
** <94 3154
2% N ov
800 *2% Ja n 0
9% M ar 20
8% F eb
*8%
«
9
v
8% Col. H .V . & T .J .P .M .o tfs.7
•9
9%
9%
974
934
12% D ec 25 F eb
800 *7% Jan 27 20 M ar 30
§17
D o p ref.J . P . M. ctfs.T
17
, 1 * 18
•10
18
17
17
19
20
93 N ov 114 % F eb
115 110%
elaw are A H u d s o n ........ 17,144 106% Jan 3 1 1 8 % A p r 4
116
118
115
11574 110 1177t 1 1 8 % 1 1 8 % 117 118
8,475 157 Ja n 7 179 A p r 4 140 O ct 150 F eb
el. L a ck . A W e s t e r n ..
173% 175 x l0 8 % 1 7 5
175
9
173 178% 1 7 3 % 1 7 5
17074 178
0,195 18% Ja n 7 24% F eb 4
10 A p r 2 1 % D ec
21% 21% D e n ve r A R io G rande. ..
21% 22%
22% 22%
23
23
2274 23
Z l*
40 A p r 7 1 % D e c
3,863 08% Jan 11 7 6 % F e b 2
74%
Do
p ref.
75
74% 75
74% 75%
75
75*
75%
7574 7574
2,400 18 M ar 17 23% Jan 3
8% A p r 28% D e©
19%
2 0 % 21
2C% 21
21
20% 20% *20
21
" ■ D es M oin es A F t. D o d g e ..
2174
2% Aug
4% F eb 15
3% F e b 1
3% D eo
4 D ul. So. Sh ore A A t l ........
*3%
4
4
•3%
4
4
•374
•374
4
*374
5 Apr
8% Aug
7% J a n SO 1 l% F e b 16
10
*0
Do
p re f
•9
•0
0%
9%
•9
10
10
•9
»54
800 13% A p r 7 10% Jan 19
11 A p r 16% F eb
13%
*13%
14
13% 14%
14
•1374
li*
42 Jan 24
29% A p r 43% F eb
7,275 37 A p r
37
37%
Do
1st pref.
38%
33
38
38% 8874
38%
3874 3*74
22% Jau 30
2 00 19 Jan
15% A p r 21% F eb
20%
20
Do
2d p re f
21
•20
21
•20
*20
21
21
•20
•19
700 36 M ar 28 41% Jan
3 22 May 4 1 % D ec
37% 37% E vansv. A T erre H a u te .
87
♦37
37
87
•30
37%
•37
37%
3074
3074
40 Jan
80 M ar 1
72 % D eo
100 70 Jan
Do
pref
♦77
•77
80
80
80
80
•77
70 % 7994 •77
10 Mar 18% N ov
27 M ar 13
700 17 Jan
lin t & P e r e M arquette..
20
20
25
25
25
*25
25
26
25
25
•25
20
36 A u g 49 N ov
4 8% J a n 12
350 4 3% Jan
Do
p re f.
47% 47%
*40
47
48
4074 4074 •4074 47% *47
5 § 1 5 N ov 28 M ar
Ft. W . A D e n . C., sta m p e d .
21 F eb 28 25 Ja n
10 May 17% D eo
30 M ar 28
900 14 F eb
20% 28
20% 20% Ft. W o r th A R io G ra n d e ..
28
28% 28% •28% 29
28
195 M ar 13 f l 2 2 J ’ ly 180 J ’n e
0,397 142% Jan
/ ^ r e a t N orthern, p r e f .. . .
188% 190
193
193 193% 191 191
19374 19374 19454 1 9 4 % 1 9 5
01% Jan 31
40 % J ’ne 5 0 % N ov
V T r’n B .& W .,d e b t c f s .“ A ’ '
4 9% Jan
9 Jan 26
3% J ’ly
7 % D ee
43
5% Jan
D o d eb t ce rtfs . “ B ” .
6
0%
6
0
0
0
074
074
122 Jan 23
90 A p r 1 15 % D ec
llinois C en tral.........
7,755 113% M ar
113% 115%
118% 117% 116 % 11 7
114% 115
117 11774
100 Jan
4 §94 F eb §101 N o v
100 Ja n
100
......... ♦100 . . . .
D o leased line, 4 p. c
•100
•100
•100 . . . .
13 Jan 10
7% M ar l l % D e o
2,900 10% M ar
12
12
12
12
11 % 11 % Iow a Centra]........................
§11%
1 194
51% F e b 15
25 A p r 42% D eo
900 42% Jan
*40% 47
47
45
Do
p ref.
40
47
§40%
4774
8 D eo
5% O ct
4 00
7% Jan 13 15 M ar 22
15
anawha & M ic h ig a n ...
•14
15
♦14
13% 13%
15
1474 *14
•1474 15
8%
an. City P itts. A G u lf .. 12,052
7 M ar 15 18 Jan 0 15 A p r 2 5 % D ec
10
8%
8%
9
7%
9
8%
9%
1074 1094
3 ~
5% J ’ne
5% F eb 1
~ Jan
5 Ja n 9
4
5
•4
5
K eoku k A DeB M o in e s ....
•4
5
•4
5
*4
5
15 May 1 8 % J ’n e
15 M ar 2 17% Jan 20
•15
10
•15
18
10
Do
p re f
•15
10
•15
•15
10
30 J ’ ne 34 Jan
32 J a n 25 32 Jan 25
•35
50
50
K eokuk & W e ste rn .............
50
•35
•35
•35
•35
50
50
•35
50
12 O ct
23% Aug
950 15 J a n 16 22% Jan 27
20
ake E rie & W e s te rn . . . .
20
•19
18% 19%
1974 1974 ♦19
19% 19%
1974 1974
83 A u g
53 Oct
1,125 00 J a n 10 75 Jan 27
07
07
07
68
08
09
07
Do
p re f
•00% 08
00% 67%
208 Jan 24 170% Jan 215 D e c
3200 2 0 0
206 190% Jan
*200 202 % ♦200 202 % ’2 0 0
•200 20254 '200
202 % L ake Sh. & M ich. S o u t h ..
62% A u g
85 A p r 4 40 Jan
8,252 56% Jan
80
85
80
82
81% 81%
77
80
8074
78 L o n g Island...........................
7874 79
44 A p r 0 5 % D ec
69 J a n 27
05
00
05%
05% 00%
04% L o u isville & N a s h v ille .... 85,290 63 Mar
0574 05%
03
0574 6674
120 133% 120 133
4 1 3 3 % A p r 3 90 O ct 120% Jan
122 12n% 118% 125% 111
11754 131
119% ]\/| anbattan B lev.,con sol 624 ,333 97 Jan
35
40
85
41
20
80
33% 35
8,549 19% M ar 28 41 .Apr 4
21
80
35
27% L»J- S u b scrip tion re ce ip ts
253 200% 2 5 0 % 2 5 8 % 250 257% 284 249
M etropolitan S tre e t........... 50,710 187% J a n 11 209 M ar 28 125% M ar 194 % D eo
2 0 5 26074 20274 207
7 % D ec
4 % J’ ne
11
12
13% 15%
12%
14% M exica n Cen tral.................. 81,745
6 Jan 7 15% A p r 5
974 18%
11% 15%
874
094
4% Apr 5
% D eo
l% M a y
2%
27%
1 Jan 0
3%
4%
3%
4%
294
3%
3%
3
8%
3% M exican N at’l tr. r e c t s ... 20,245
99% M ar 118 D ec
113
114 114
113
M ichigan C en tral.................
21 0 112 Jan 18 110 Jan 24
24 Mar 38 % D ee
52% 53%
M inneapolis A St. L o u is ...
51% 51% •51% 53
875 85% Jan 0 54% F eb 23
51% 52
§50
50
•5274 5374
84 M ay 100 D eo
99
99
199
99
*99
•98% 100
•99
315 97% Jan 9 99% M ar 25
99
100
Do
1st pref.
90 F e b 23
46 Mar 7 8 % D ec
86% *84% 88
•85
80
Do
2d p ref.
300 73% Jan
84% 84% ♦84
8074 •85
7 M ar
6% M ar
20
20
19% 20
•17
20
20
20
700
M inn. St. P. A 8. 8. M arie.
•10
8% Jan 24 20 A p r 3
18
14% Jan
14
10 A p r
14
•14
275 13 Ja n 25 14% Jan 30
M o. K ansas A T e x a s .........
13
14% §14% 14%
18
•1374 1474 114% 14%
28% M ar 41 Jan
39% 42%
89
8994
40% 41%
39% 40%
Do
p ref. 37,611 30% F e b 8 4 2 % A p r 3
4074 41%
39% 39%
50% 52%
49% 52%
22 Mar 40% D eo
48% 51%
52
51
4874 49
48% 49% M issouri P a c l f i o . .. . ........... 244,540 4 3% F eb 8 52% Apr 4
24 N ov 82% F eb
44% 45
44% 45
44% 45
44
44%
M obile A O h io ......................
42
4,935 32 Jan 3 45 M ar 28
4474 45
44
•181
182
182
‘ 181 ' 182
M orris A Essex
181 182
*181
170 Jan 3 1182 M ar 30 §107%Jan §180 D eo
1 4 0 % 1 4 2 % 140% 142% 130% 142% 134 139%
142% 148%
Y . Central A H u d so n .. 74,828 121% Jan 3 144% M ar 29 105 Mar 124 % D eo
• 14
15
ll% M a r 15% Jan
*14
15
•14
15
•13% 14%
N. Y . Ohio. A St. L ou is.
13% M ar 14 19% Jan 23
•05
75
70 Jan
•05
75
•05
75
•05
75
♦05
75
Do
•
1st pref.
65 M ar 7 79 Jan 23 73 F eb
33% 33%
•83
35
•33
34
41 Jan 23 28 M ar 40% Jan
•32
33
38
33
Do
2d pref
33 M ar 27
'8 80
......... 390 . . . .
•300 400
New Y o r k * H a rle m .........
*380 . . . .
§360 Jan 25 §390 M ar 14! §320 Jan §352 O ct
N Y . L ack . A W e s t e r n .. . .
129% Jan 27 i l3 8 % M a r il| H 2 0 A p r §128 N ov
212
!12% 1212% 212% 211 211% ♦208 311
2 0 8 ’ * 2 1 2 ' *211 214
N. Y . N ew H a ve n A H art.
087 §198 Jan 19 1212% Apr 5 §178%Jan 201 D eo
19% D eo
27% 88%
13 % A p r
27% 28%
2 7% 27%
20% 28
N. Y . O ntario A W e s t e r n .. 58,442 18% Jan 3 2 8 % M ar 27
25% 27
2774 3154
•70
•70
80 N o v 05 Jan
♦70
N orfolk A S o u th e rn ...........
•70 ..........
19
19
19
19
l l % A p r 19% D eo
♦18
19
*1854'1874
028 17% M ar 17 20% F e b 2
•18% 19
18% 18% N o rfo lk A W e s te rn .............
00
07
42% M ar 63% D eo
5,810 01% Jan
80
0074
00% 00%
05% 00
71% F eb 2
00% 00%
04%
Do
pref.
52
53
52%
19 Feb 44 % D eo
53
Nor. P a c. Ry., v o t. tr. ctfs . 00,100 4 2% Jan
51% 63
55% F eb 16
49%
51% 52%
5 « 54 5 3 74
78% 79%
50% M ar 7 9 % 8 e p
78% 79%
73% 79%
22,134 7 8% Jan
7974 80
77
Do
pref.
78% 79%
81% Jan 20
35% Jan 6 1 % A u g
143% 44
48% 43%
lbO 43% A pr 4 52 J a n 23
*40
r.R R .& N .C o .v o t.tr.cfs .
74
i73
05% M ar 78 N ov
§73
74
197 71 Jan 5 7 0% Jan 28
D o p r e f., v o t. tr. c t f s .
•70
75
43 D e c
19% Jan
41 F eb 8 48 Jan 23
O regon S h ort L i n e . . . . . . . .
•43
•42
49
3 4 % J ’ ne 48% Sep
47
*42
aclfio C oast C o .. . . . . . . . .
•40
........ 44 M ar 25 51 Jan 20
48
45
•88
•88
90
79 D ec 91 J ’ n
90
1501 85 J a n 5 90 F eb 20
89% 89% •80
Do 1st o r e f ...................
00

B

C

5
1*

D

IS
S

Ere
t-

S*
F

F

I

*88

K

L

N

II*
II* O
P

• These ere bid end esked prices; no seles on this day. § Less then 100 shares, t E x div. and rights, t Before p a y m e n t o f aasm t. 7 A ll assessm ents paid.

O U TS ID E S E C U R IT IE S
Bid.
S tr e e t R a ilw a y * .
N S W YO RK C IT Y.
B veck St A Ful F—Stock.
89
1st mort 7s 1 9 0 0 ...J& J 103
B way A tb A v e —8tock . 831
1st m or 5s 1904.. .J AD 108
3d m or 58 1914.......T&J 115
Con 5s 1948— See 8tock
I 'w a y S u * 1st 5s gu . 1924 H H 4 4
3d 5 b lnt as rental. 1905 1 0 4 *
antral Cr estown—Stock 250
l i t M 6 b '.9 2 2 ....... M&N *119
• Pk N a E R lv—Stock 185
Con«nl • 1002. . .J&D *111

A sk .
41
104
110
117
1st.
116«
10544
270
195
113

(O rv e n

at

foot

of

S tr e e t R a ilw a y s .
Bid.
Christ’ p’ r * 10th St-Stock 170
Col& 9th A v e 5s-See 8tock
Dry D E B A B at—S t o c k .. 100
1st gold 5a 1 0 3 2 ... .T&D 114
Scrip 5s 1 9 1 5 ......... F&A 103%
Eighth A v e n u e —S t o c k ... 380
108
42d A G r St Fer—S t o c k ... 375
42d 8t Man A 8t N A v e . .
82
1st m ort 0 b 1910. .MAS 117%
2d in com e 6s 1 9 1 5 .J&J
90
Lex A v& P av F 5s-See Stk
M etrop olitan—See Stock Kxoh 1

7 c o s t s e c u t iv e
A sk .
175
175
116
104%
3*5
85
1 18
98
Uf.

pages

S treet R a ilw a y .
N inth A v e n u e —Stock —
S econd A v e n u e —S t o c k ...
1st m o rt 5s 1909. .M&N
C onsol. 5s, 1 9 4 8 ...F & A
81xtb A v e n u e —Stock .......
Sou B o u le v 5s 194 5..J& J
So F er 1st 5 b 1 9 1 9 .. A&O
T h ird A v e n u e —Nee Stock
28t.h A 2fith Sts 1st 5 s ..’ 96
T w en ty-T h ird 8t— Stock.
Deb 5s 1 9 0 0 ............. J&J
U nion R ailw ay—S t o c k . ..
U nion Ry 1st 5s ’ 42. F&A

).—

STREET RAILWAYS, <£c.

Bid.
100
196
109
H944
200
*112
*110%
E x ch l
*114
390
100
190
}1 1 3

A sk.
180
199
109%
120
210
114
Hii44
1st.
110
465
108
200
H0

S tre e t R a ilw a y s .
W e s tch e s t 1st 5s ’ 4 8 .. J&J
BROOKLYN.
A tlan . A v e ., 1st 5 s .. A& O
C on 5s g 1 9 3 1 ....... A&O
Im p t 5s g 1 9 8 4 ........J&J
B. B. & W .E . 5s 1 93 3. A&O
B ro o k ly n C ity—S t o c k ....
C onsol 5s 1 9 4 1 ........J&J
BklynCros8tn5s 1908. J&J
Brooklyn E le va te d (n ew
P r e f ( n e w ).......................
B o n d s (n e w ) ....................
B ^ m H e ts ls i r fl 0 4 l A & O

Bid.
*110

A sk.
114

*107
*112
95
95
248
117
105
30
00
*110
104

109
113
98
....
2 4 f4 £
88
03

A pe , 8, 1899.]

CHRONICLE.—STOCK

THE

PRICES

8 T 0 0 K S —H I G H E S T A N D L O W E S T S A L E P R I C E S ,
S a tu r d a y ,
A p ril 1

M onday,
A p r i l 3.

W ednesday
A p ril 5 .

T u esd a y,
A p ril A

T h u rsd a y,
A p ril 6.

STOCKS.

IH d k w ,
A p r i l 7.

N. Y . STOCK E X O H ,

(2 pages) Page 2

•"57

R ange fo r yea r 1899
S a le s
o f th e O n b a s i s o f fo o -s h ’ r e l o t s
W e ek .
S h a res
L o w e s t.
H ig h e s t

R a n ge jo r p r e ­
v io u s y e a r (1 8 9 8 ).
L o w e s t.

H ig h e s t

6 2 * M a r 23, 0 7 * F e b 21
P a cific C oast Co., 2d p r o f .
•60
65
*62
65
•62
65
5 142 J a n 23
133
1 3 4 * 180 1 3 3 * Penns yl r a n ia ....................... 55,342 l 2 3 * J a n
1 3 4 H 1 3 5 * 134 13&H:
4 * 3 1 a r 20
7 J a n 10
•4
5
*4*
5*
P eoria Sc E a stern .................
•4
8
*4
a
5,785 45 A p r 7
45
55
07* 68*
P it tab. Cln. Chic. S St. L . .
c,
59* 61*
53
60
S15 80 F e b 10
Do
p re f.
83* 83*
82
82*
83
83
*82
82*
180 Jan 10 !
*180
.......... •175 ......... pitta. Ft, W . i Ch., s c a r .
•180
........ '180 . . . .
‘ Too
8 Jan 24
*8
6 * ....................i Plttab. Sc W e s t,, p r e f............
•8
8*
•8
8*
2 2 * 2 3 * T> eadtng, r o t ln g t r . c t f s . . 11,655 2 0 * Feb 8
24
24
2 3 * 34
8 3 -* 2 4
7
6 3 * 6 5 * l X 1st pref., r o t - t r c tfs . 76,330 5 1 * J a n
84*
68*
84
68*
84* 60*
84
35*
2 d pref., ro tln g t r c t fs .. 30,021 2 6 * J a n 7
8 5 * 37
35* 38*
3 5 * 36*
105 2 5 * J a n
4
135
35
.................... R io G rande * W e s t e r n ....
134* 3 4 *
•35
38
t o o 66 J a n 3
7 8 * 7 8 * ......................
Do
pref.
♦ 7 6 * 73
* 7 6 * 78
( 1 3 8 * Jan 4 f
*132
R om e W atertow n Sc O g d ..
131
....
•130 . . . .
"iV 6
5 Jan 3
*5
5*
•5
5 * D u J . 4 G . I j L r o t . t r . eta.
*3*
S*
•45
47
C> D o
1st p re f. 400 45 M ar 24
45
45*1 4 5 * 4 5 * *45
47
*45
47
*45
47
l 0 * M a r 22
Do
2 d p ref. t o o
• 1 1 * 12
14 *12
14 * 1 1 * 13
1 3 * •12
1 3 * 1 3 * *12
5,945
S*Jan
6
1 0 * 11
31. L. * B. F t., r o t . tr. ctfs
11*
12
II* 12 *
u * 1 9*
1X « u *
U * U *
Do
1st p re f. 320 66 Jan 9
*70
70*
. . . . . . ....................i 72
72
71
71
2,450 3 3 * Jan
Do
2d pref
3 7 * 89
40 ! 3 8 * 3 9 *
38*
39
........ * ! ! ! ; ;
40
40* 39*
6 * Jan
12
13*
I I * 1*
11*
12*
I t * 18*
1 1 * 1 1 * at. L ou ie S o u th w e s te r n ... 11,570
ii
l* i»
8 0 * 32*
Do
p ref. 27,040 17 Jan
34*
35*
33* 34*
32*
83*
34* 85*
31
3 ii.
800 36 Jan
40
40
45* 45*
4 4 * 4 4 * *43
44
St. P aul Sc D u lu th ............. .
45* 45*
45
< «*
98*Jun
•103 105 1 .................... •..........104
Do
pref
34*
35
34* 3**
33*
34*
S3
3 3 * Southern P acific C o ........... 15,030 3 2 * M a r ft
34
35*
35
S5V
5
12
1 2 * Southern, r o tln g tr. c t f s .. 10,435 1 0 * J a n
18*
12*: 12* 12*
12*
12*
12* IS *
1 2 * 13
35,402 4 0 * J on
4
D o pref-, r o t .t r . ctf#
51
51*
30* 52*
60*
51*
49* 51*
51
53
5 1 * 53
15.910 1 7 * J a n
5
23
23*
2 2 * 2 5 * .............. .
22* 23*
« l * 2 2 * P e x a a St P a cific...........
SiW a iT ,
12.832 107 J o n I t !
1 hlrd A T enue (N . Y .).
220 2 2 0
228
240 221
227 290
924
330 334
220 225
IOC 20 J a n 91
T o le d o A O hio C en tral. . . .
•20
25
29
29 *90
25 *20
25
•20
25
>00 35 Jan 25
•40
50
Do
pref50
•40
50
*40
50
•40
' V i " *4*8
*42
45
2,230 38 Jan
3
T w in City Rapid T ra n sit..
69* 69*
68* 69*
8 7 * 88
60*
69
69* 89*
« » * e»>»
118 Jan 9
Do
p rof.
7
n ion P a cific R y . . . . . . . . . 79,990 4 i * J a n
'4 4 * * 4 6 *
4 7 * 4 3 * i 4 8 * 48
47* 48*
4 8 * * 49
’ V s”
im
7 6,918 7 2 * J a n
6
79* 80*
Do
. .. p r e f
’
7 8* 79*
79* 81*
80* 81*
7 9 * 81
B in
S.2U0 i l * M a r 8
18
1 2 * 1 2 * O n.P .D . St Q. tr. re c.3 d pd.
13 ' 13
1 2 * 13 | 13
13
•12* 13*
7*Jan
5
8.555
6*
8*j
8*
8*
6*
8*
8*
6*
S*
18 *
*
p ref. 80,472 2 l * K e b 8
14*M ar
24
25*
2 2 * 2 4 * VY Do
24 * 2 5 *
23* 24*
3 3 * 24*
at
4,905
5 * J an 3
W h e e L A L .E .,4 th aaa*t pd
II* 11*
* j ; it
ii*
im
a S
a *
1 !* ,
1,023 27 Jan 24
Do
pref. 4 th do
31 ' 3 3 *
82
8 J ’ ly
S3
8S j 32 ’ a «H
32
32
•32
83
2 0 0 5 8 * Jan 27
D o tat p fd , (w h e n laa.)
01
60
« ! ! , 91H ♦59
61 i ♦60
« l * 8 1 * •00
l * M a r 13
W isooa . Cent., r o t . tr.ctfs
9
a
’ •iij an
♦1*
2
M *
a
• i*
•1*
9
• ii*
n i s c e l U n i * S l o c k a.
3 4119 F eb35 i 0 7 * Apr
65 1108 Jan
dam s JSxpreaa.................
115
•no
115
115
♦no
•no
n > n s
1 )8
.1 4
3 3 * Mar 6 3 8 * A pr
m e n ca n C o tto n O U .,.. 91,93
35
3 «H
1 5 * Mur
a*!* a s
3 «* 38*
* ; * 00*
«»4
1,580 6 8 * Jan 5 9 8 * A p r
9 0 * 92
ran 0a*
06 M sr
Do
p re f
0344
9b>* 9 - n
*•**
3 5 2 * Mur
27u 33 J o n
A m erican D istrict T e l . . . .
47
22 May
43
45
46
•43
47
44ft
47
47
99 188 Jan 2 4145 Jan
Am erican R e p r e s s . .. . .. .. .
•140 143
143
4110 J in
1140 140 I! 140 141*1 *140
*140
140
•140
Ha
8,850 20 A p r 7 3 7 * Jan 24
30
30*
29* 29*
99
29*
26
2 7 * A mart ca n M ai D u g .. . . . . . .
24 J ’ lr
29* 30*
30
30
3,606 73 A p r 7 8 7 * Jim 20
I>o
pref.
31
81*
31
81*
8 0 * 81
78
80*
7 f l * J ’ly
138* 3 2 *
1 * 3 * *34,
6*Jan
14
1 ft *
14 *
13*
U * 15*
1 3 * 1 4 * A m erican Spirits M fg ........ 37,181 1 2 * Mar 1 1 5 * M a r 13
14
14*
UH lit.
0,806 3 » * F e b 89 4 1 * M a r 13
Do
p re f
3 6 * S9*
88
39
39*
40
3 V * 41
10 Mar
39* 40*
JW
89
f i s * 85
A m *r. Steel A W ire (n e w ) 254 .9 0 s 45 Feb 6 7 1 * A p r 0
69
8 7 * 70
64* 71*
87
70*
67
at
89H
90,610 w 2 * K e b 8 i 0 6 * M u r 18
Do
pref
9 9 * 102
100
101
...
98
9*
____ I
98
100*
1 0 0 * 1 0 1 * 101 * 102*
4 182 Mar 20 l0 7 * M a r
1 7 4 * 1 6 3 * 1 0 9 * 1 8 1 * 1 0 6 * 1 4 9 * 1 6 3 * A m erican Sugar Refining. J J5 .8D l* 3 * J a n
1 6 8 * 1 7 1 * 1 7 0 * 1 7 8 * 105
1,001 110 J mU 18 123 M a r 2 0 103 Mur
Do
pref.
U 7 * U 7 * 117* 117* *U «
118
110 Ufl
1 1 7 * 119
U 7U m w
4 4103 Jan 20 188 Mar
180 198 Jan
1102 * 1 0 2 * A m erican T eleg. A C a b le ..
1102
102 1101 103 * 100
103
10O 103
• 100
108
A m erican T in P l a t e ......... 142,348 3 7 * F o b 18 5 2 * A p r 4
50
52*
49
50*
46* 50*
4 1 * 40
44* 49*
♦S'.
3.975 88 A p r 5 09 * Feb 8
Do
pref.
94* 94*
93
96
80
S3
195
93
05
95
95*
*94
A m erican T o b a c c o ............. 98.970 1 3 2 * Feb 17 2 2 9 * A pr 5 8 3 * Jan
2 3 4 * 2 2 4 * 224 2 2 9 * 934
227
314 392
2 2 4 * 225
2 2 4 * 827
800 133 Jan
4 150 M ar 0 11 2 * M u r
Do
, pref.
143
143
143 143
..............
143 143
330 95 Jan 8 106 Mar 92
Do
dlrn J en l scrip
78 Mar
109
t&9
103
103
103 103 1 0 2 * 1 0 2 *
102 103
10 «
• io i
4.650 1 2 * Mar 22 48 Mar 11
44*
43
44
44*
43
44
43
4 3 * A n acon da C op p er........... .
44* 44*
«a tt 4 4 *
1,416 139 Jan 3 100 M a r l 7
I>rookJyn U nion G a s .......
1 5 2 * 133*1 151
151
147
147
146
140
155
155 1153 133
1,880
9 * A pr 5 l ? * J a n 31
*9* 10*
9*
9 M 1 1 0 * 1 0 * 1 1 0 * 1 0 * O r u n s w . D ock A O .lra p 't.
10
10*
111
n
37
89
37* 38*
3 5 * 38
34
8 6 * / Colorado Fuei A I r o n .. . . 94.005 3 0 * F o b 8 39 A p r 4
3 8 * 37
36
3*S«
. . . . . 88 Jan « 100 Mar 2 0 1
VJ D o
p r e f.
•95
ISO
*95 100 | *98 109
•95
•25 100
100
7 ,6 3 5
« * F e b 15 1 4 * A p r 5
12
13*
13* 14*
14
14*
12
18*
19
12
13
l * * C o t A U ock . Coal A I r o n ..
CunaoildaUd Gas (N. Y .).. 10,5 40)189 Jan 12 22 i * M ar 11
190
195
201
2 0 5 * 2 0 5 * 205 2 0 3 * 202 2 0 4 * 201 20 4 * ; 194
4,4 l 0 4 4 * J a u 17 5 0 * J a n 311
*7* 47*
47* 47*
47* 47*
47* 47*
47* « K
4 5 * 4 7 * C on solidated l o e — ...........
I73f 9 1 * J a n 13 97 M ar 12l
1l o
pref
9 6 * 9 6 * * 9 2 * 93
•94
95
•92* 9 5 * •92* 9 5 *
07
•id
C on tinental T o b a c c o ........1910.52C
43 Mar 3ft 04 * 5 ! nr 15
5 0 * 58
59
58
56* 59*
58
53* 55*
43
44
DO
p re f
14,653 65 Mar 24 WSHMar 16
88
90
85
m
8 8 * 90
s.t
00
§8
0 9 * 7 l* i
8 9 * 7 0 * 1 8 4 * 70
7 a * 75
7*4,
70
5 1 * 0 4 * L V lo r a l Steel (w h en las. 1 055.040 40*K ob H 75 A p r 81 89 U ct
I 7 0 ,o 16 7 0 * Apr 7 9 3 * A p r 8! 0 0 * O c t
prefdo
8 V * 9 3 * ; *0
91*
87
90*
91
93*
00
7 8 * 8 6 * I Do
01
6 ,3 9 o 9 5 * J e n
3 1 2 0 * M ar 7 1 70 Sep
G eneral f c l e c t r l o . . , . . . . . . .
1 1 6 * 1 1 5 * 1 1 5 * 1 1 3 * 1 1 5 * l i d * 114
117
113 1 1 7 * 115
l if t
70
71 I 8 9 * 70
69
7 0 * 1 0 2 * 6*<W G lu co se Sugar Refining . 11,833 0^H A p r 7 7 0 * M ar 9 0 1 6 0 * D e o
71
71*
7 1 * 711*
910 107 F e s ID 110 J a r 14 1 0 7 * D ec
Do
p re f.
108* 108*
108 U 1 0 8 * 4 0 8 * 1 0 9 * 1 0 8 * 1 0 6 * 1 0 3 * 1 0 8 * *100 109
3 109 *K cb
1.300 97 Jan
IL IJ. Clafiln C o ....................
1 0 3 * 1 0 3 * 104
104
1 0 2 * 1 0 3 * 103 103
1 1 8 7 * J ’ne
103 103 i 103 103
52 * I nteruational P a p e r....... 7 5,645 49 A p r 7 0 8 * J o n 23 48 8ep
49
5 7 * « 3 1 50
58 j 58
56
58
«5
54
!> «*
0,971 00 A p r 7 93 J a n 5 85 Sep
K **
1 1K>
pref
82
85 1 84
80
84
63
83*
3t
68*
I M * *♦14
3.907 26 A p r 1 80 Feb 27
l uternatlonal SU r e r .......
27
2 8 * 27
98
99
2ft
2 6 * 3 7 * •90
70
2744
1.470 45 A p r 7 0 3 * Feb 23 * 5 4 * D ec
K n ick erbock er Ic e (C h ic.)
45
5 «*
51
3 6 * 5 6 * •56
' i 5ft . 5 3 * 50
5»W
50 7 4 * Jan 95 84 Feb 17
Do
pref
80
'7 9
160
80
*70
61
*78
80
81 D ec
*78
81
53
53
- - —
1,500 51 Mar 4 5 7 * Jan 9
*53
55
5 4 * 55
•58
37*M ar
54* 54*
153 96 Jan 26 99 Jon 18
497
97
I D Do
pref
195
95
100 ; 195
•07 l t d
•97
98
85 Mar
S9V
4 9 * 51
VTaf i"a a l B iscu it.............
47 Mar 6 62 J a n 21
5f
50* 52*
•OuH S I S
SOHAug
5«>< 61
5 1 * 5a * .
62*
510 02 A p r 7 1 0 7 * J a » 19
103 1 0 3 * } ^ Do
pref
94*A ug
4103
103
*104
1 0 '! .
3 3 * 3 6 * n ation a l I>ead.
14,437 3 2 * M ar 17 4 0 * Jan 20
S6*M ar
351.
3 5 * 34H|
870 i U * J a n 13 15 Jan 21
113
113 j
DO
p rof
IIS
4114
B0 A p r
113 1 1 8 * 113
114
4113
H 3H
. . . . . . . . . . . Nat. L inseed Oil, t r .c e r t fs
190
4 * M s r 15
5
§ * J a n 12
■ ■ ■ . :9
15
8 * D ec
. . . . . . . . . . . . N ational S ta rch .......... .
4 * Mar 17
*3
8 * Fob 9
•S
♦3
ft " ~ ts T " « "
5
S
’ * 5 ''
3*N or
900 145 Mar 16 60 M a r lS
......................i
Do
1st pref.
48
48
48
4 7 1 •35
*45
00 Mar
•35
50
50
*45
.............. .. .1
Do
S d p re f.
20
11 13 M ar 17 23 Fob 0
20 : n s
*15
90
15
12*O ct
•11
•16
20
•16
5 6 * N ational Steel ............. .
106,500 41 A p r 7 6 2 * A pr 6
44
83
58
52* 01*
59*
69*
s l i i 5ft
5 5 * 60
9,357 69 A p r 7 90 M ar 28
93*
Do
pref,
9 3 * 94
05
05
93
93
95
93
95
93
*37
43
New 'Tairi.OoaJ ( new s t o c k »
40 Jan
•87
42
42 Jan 25
87
42
*87
49
♦87
•38
40 O ct
41
42
N. Y. A ir Brake....................
0,860 119 Jan
3 200 Mar 10
167 163
1 6 1 * 167 I t 8 1 * 187
190
1 8 9 * 190*,
14 A pr
37,570
ft* J a n
6 1 0* Apr 8
9
9 * N orth A m erican C o.
9*
9*
9 * 10*
8* 10 !
n-H1
4*Jan
l-)!4
0H
fl Mar 23
O ntario SU rer..
7 * M ar h
•0* ......
7
8* |
3*Jan
*6*
7*
7*
**!4
48
50
p a c i f i c Mall
3 9,253 4 3 * J e n
49
4 55 Jan 30
50
52*
5 1 * S3*
5 1 * 53
49*
81 A pr
4 9 * a.<
120
1 1 1 * 1 2 3 * A eopT§Gae-L.AC.(ChiCLl 150,034 1 0 » £ j * n
3 12 0 * A p r 8 S ft*M ar
193 137
m x
1 2 7 * 12^*
600 90 Feb »f> 102 Mur 23
.................. Philadelphia C o ................... .
08
96*
4 x 1*32 N o r
9.760 150 Jan 30 UH*J>»n
1 5 0 * 160
Pu llm an's P sJa eeC ar. . . . .
161
1161
1 0 1 * 161
161
1«1W I M S .1 161
1 «1*
2 * Jan 20
300
m\
2* 3
*3
a*
•a
•9*
3 * M ar 8(
. . . _____ / r'\alck* UT« r M in ing. . . . . .
lH S e p
sx : *8*
m
•9
9 M ar 1 1 U * A p r 7
650
II*
l l * v i Do
pref.
10
9 * 10
11
u
10 ! •¥
10
•9
5 J*ne
2j
2 2 * G la n d a rd Diatil.&DDtrlb.
7,196 21 Jan
23*
33* 24*
32*
23*
93
2 5 * Jan 10
10*D ec
33-H 7JH
23* an*
76
1,220 71 A p r 7 8 2 * Jan 10
71
7 2 O Do
p r e f.
71
70
74 74
73
73
0 0 * N or
V* !,
986
10
10
Standard H ope A T w in # ..
8 * Jan 3 12 J s n 10
11
11
11
10
3*Jan
1i
11 l 10 *
10*1 1 1 0 * 1 0 * 110
51
5 7 * lrP o c n . Coal Iron A U R . . J 116,605 30 Jan 14 01 * A pr 4 | 17 Mar
54
55
3 3 * «0
59
6t*i
00*
50* 59*
50
11140 140
...................... i i - D o
p re f.
80 111 Jao
145 Mar 28 ISO Aug
....................1140
140
•14
14
It
T e x a s P a cific Land T ru st..
3,510 12 Jau 13 1 5 * Jan 17
14H
14* H *
1 4 * 14?
14* 15*
M * 15
5 May
39* 40*
33
4.J.*
30
3 7 * T T m o n B a g A P a p e r ____ 12,912 30 A p r 7 45 Mar 28
40
40*
39*
4 Q * 88
4Qi
8 7 * 83
87
88*
88
82*
87 p J . D o
pref
4,038 8 2 * Apr 7 89 51ar 20
88
87*
8 7 * 87
871,
4
5 5 * IU nited States E x p r e s s ....
203 1 6 2 * M a r 2 * 00 Jan 12
153
54
♦53
55
153
53
*52
~3
56
1 5 4 * 5 4 * ) 154
38 A p r
7 U nited States L e a t h e r ,.., 24,400
7*
7*
7
f t * Mar 13
7*
7*.
7*
7g
-0 *
7*
7*
5*A pr
8 Jan 23
75
78
73
74
78
7 7 * 73
77
70
73*1
Do
pref 104.258 69 Mar 2 7 8 A p r 4
74
74*
53*M ar
* .
““
5 1 * 55
40
51
U nited States R u b b e r .. . . . 74,438 42HJSO
5 1 * 53 1 5 2_ 54
14*M ar
57 A p r 6
6 2 * 57
- „
W fm
51W saw
Do
1 1 0 * l i f t * 1 1 0 * 1 1 7 * 1117 1 1 3 * 1 1 7 * 11 8 * 1 1 7 * 1 1 7 * 1 1 0 * 1 1 7 *
1 ,5 4 6 1 1 1 Jan
pref.
120 Jan 9
60 Mar
125
127
1 1 2 7 * 1 3 7 * ♦195
•125 127
128
1 1 2 6 * 120 s *195
120 i V IA ells, Fargo A C o .........
9 0 U 2 5 Jan 10 4 1 2 9 * J & n 10 4 1 1 2 * M r
93* —
------ 97
9 4 * 95*? 9 4 * 9 4 *
04
93*
93
TV w t e m Union T eleg-h. 26,0 4 6 : SU A p r 7 9 8 * J a n 24 1 8 2 * M a r
......................80
133* 134*
134
•4* 6
*4*
80*
8 0 * 157
•83
8 4 *1 2*
8
180 ......... U 8 0
•8
3*
*8
34
34* 34
65* 68* 68*
38*
38 ' S 7 *
•35
•35
38
•78*
• 7 8 * 78
132
. . . , 131
5
43*
5*.

66
135
5*
57
83
......
8*
24*
67*
37*
38
77
........
5*

U

8H J«n

A

• Bid and asked prices { n o sales on th is day,
O U T S ID E

S E C U R IT IE S

ifttr e e t f t t a l l w e y a .
B k y n uneC o.A B i4b.U t 5s.
Consol 5s n ot gu ar..........
B tly n R ap.T ram —
gto
O al-Cim .G r. t B k r u ls t ft s
C >aey D lan d A B rooklyn.
l#t 5* 1 9 0 *...............T£J
5s s e r ifs IndbtlO t 0.J.4J
B*kC-AN sw 5s ’ 89 .J * J
G .S t ^ N e w IstSs'O ftAAO
Q b 't St Lorlm er 8 t 1st. fts.
K
Co. H ierat.—Stock
LBOOBoes..., ...................
B^-nds—
B x ’ h.

Bid
4110
84
ck 5 x .
I ll*
270
103
101
4U 1
101
108
4
3
L ist.

A sk .
112

I Leas than 100 sh ares

(O iy s n

a t

r o o t

f t t m t R a ilw a y s .
Nassau glen p r e f ...............
5 i 1 9 4 4 ,...................A AO
D H i 1 9 4 8 .................JAJ
L ist *
112*
,Ve w W to b 'g A FI 1stex. 4 * <
N Y A * u s f> > 5 s 19 4ft. A AO
Stein w ar 1stft* 1922, J AJ
103
OTTU5R C1TTB8.
104
Bel? C onsol— StTKJk
117
100
B ridge* T r -ls t. 5s ’ Sft.J.fc.]
Buffalo Street R y —S t o c k .
1st eonsoi 5s 1931 .F A A
Deb 0* 1939 . . . . . . MAN
1C h icago City R R —StAofc.,

f
t

o p

i Bx d ir . o f t o o p. a. in bond s,

7

coN S K a tm v B

140*A ng
116 Jan
4 sm * D e c
1 5 3 *S «p
1 3 5 * Aug
101 Sep

iV6*T>«j

14 J ’ ne
3 2 * Dec

90

Deo

9 * D ec
8 0 5 * J ’ ne
52 8ep

04

Deo

52 Dec
8 5 * Dec
97 D ec
7 2 * Dec
10 9?* D oc
9 ft * Dec
67 Dec
95 Deo

]

43 Sep
120 Sep
7 * Deo
0*D © c
40 Deo
112 N or
i

|

:
|

f o l d sto ck .

P iS K a ).— 8 1 R E E T

A sk , |
|
H f r e s t H a l l w n y s.
C lU sens’ fit ( in d ’ u ap i-tfri
.........
100
ClOTelilnd C ity R
y
,
C lere! C a b -1st 5s ’ 0 9 .J A J
l b s " i oft | C lerelan d RJectxic R y . . . .
Con 5 b 19 1 3 ........... MAS
114
,
no
j C olum bus (O h io )—Stock
Con 5# 1032— 84t Phi la
........J
C rosst’ wn— 1st 5 s .. , , , ,
ftibo
C onsol Tract*n (N J )— 8u
109 , Lake 8 t (C h1c)l& er-£tock
100
117
! deb 5s 1 9 2 8 ...........JA-T
115
112
ill
j L o n lr r 8 t R y —5 p c bond a
!
293
293 II Co m m on . ......... ..
Bid.
70
104

!

Bid,
P hlla
95
1106*
93*
105*
72*
List.

A sk . I
list.
90 |
100*;
94 f
100
72*

R A I L W A Y S ,

•Hireet R a i l w a y s .
L o u tsr fit. R r —P referred
I y n n & B o s -l§ t 5 s ,2 4 .J i8tD
M etrop W e s t B ld e (C b ic).
1st 5s 1 9 4 2 ............. F & A
M Ioneap S t R y -O s ’ lS.JA J
N ew Orl Tr— ......................
P r e fe rre d — l# t Inst, pc].
N otes ft* 1904 ....M & N
N orth C h icago—S t o c k .. .

dec

Bid.
I ll
fill
4*
„ 74*
5100
9U
U *

Ask
113
113
6*
75*
100
iS *
10*

Phlla. list.
228
230
1st 54 1900*16........ TAJ 5105
18*
85*
9 63
No Shore T r (B o a t)-C o m .
16*
123
P r e fe r r e d ........... ............
119
85
49
4 B u yer pars noorood
Inter est■ iS iL

TH E

658
BOND8
• .Y .8T O O K E X C H A N G E
W b b k E n d in g A m . 7.

C H R O N IC L E -B O N D
l-S^
W e ek ’ s
R ange or
§5
L a s t S a le, cq a

P ric e

11

F r id a y
A p r. 7.

B id .
A ik
kron A Chlo J no. SesBAO
labam a Cent. St* Boa Ry.
A laba m a Mid 1st gu g . . . 1928
A lban y A Susq. See D A II
A llegh en y Val. See Penn Co.
A m D ock A I. See Can o f N J
88 Sale
A n n A rb o r la t g 4a.........1995
Atcta T A B F e gen g 4a . 1995 fc S 1 0 0 * Sale
R eg istered ................... 1995 A - O
A d ja a tm e n tg 4a......... 1995 N ovt “ 83 * ’ Sale
R eg istered ................... 1995 N ovt
B q n lp tr aer A g 5 s . . . . 1902 J - J
Ohio A St L ou is la t Oa.1915 M - 8
A tl A y Bklyu im p g 5s. .193-1 J - J
Atl&n A D anv le t g 5 a .. 1950 J - J 101 102
A tlan ta A Char. See 8o a Ry
A u stin A N W . See So. Pac.
r > a tC reek A S . SeaM ichCen
-D a lt A O la t 6 b Pkbg Br.*19 A - O
T ru st Co. ctfa. o f d ap.........
G old Ob ..................1885-192! F - A
C ou pons off..........................
R eg istered.. ...1885*1 925 F - A
*119
Speyer A Co. oertf o f dep
T rust Co o tfs o f d ep os ltConsol gold 5a...............198b F - A
R eg istered.................. 198b F - A
J P M A Co c t fs o f d e p ..
T rust Co c e r tfs d e p o s it ..
Balt B ’ lt l s t g 5slntgu.l99<i M -N
W V a A P 1st g 5a....... 1990 A - 0
M on on RI y 1 st gu g 5a. 1919 F - A
C e n O h lo R I s t c g 4 * s l 9 3 u M- 6
Col A C ln M I s t e x t 4 * s l 9 8 9 J - J
A k A C J la t I n tg u g o a . 1930 M -N
Coupons o f f . . . . . ................ .
Pitta A Con 1st g 4 s . . .1946 J - J
B A O 8 W l B t g u g 4 * s .l9 9 0 J - J
B A 0 8 W R y con g 4 * s l9 9 8 J - J
l a t l n o g 5s ser A . . . .2043 N ovt
Series B . ..................... 2043 D ect
B A O 8 W T e? Co gu g 5s.’ 42 M -N
O hio A Mias l s t c o n 48.1947 J - J
2d con sol 7s................1911 A - 0
la t Spr’ gfleld D lv 7a. 1905 M -N
1st general 5s............ 1932 J - D
B eech Creek. See N Y C A H.
Bel A Car. See Illinois Cent.
B o o n e ? B ridge. See M K A T.
B w a y A 7 t h A v . Sea M et 8 Ry.
Bklyn El T r Co o f Is t g 6 s l9 2 4
T r Co c tfs 2d g 5 s ........1915
•........ 101
all lnstal p d .........................
8 A B B T C o c fs l s t g u g 5 s ’ 42
all lnstal p d .....................
D n El T r Co c f s la tg u g6s’ 31
Bklyn Rap T r g 5s........... 1945 A - 0 i l l " Sale
Bklyn City l s t c o n 5s 1916-41 J - J
Bklyn Q Co A S c c n g u g 58*41 M -N •10 7 * ! ! ! ! !
Bklyn A M ontauk. See L Isl.
Bran* A W e s t 1st g 4 s ..1 9 3 b J - J
Buff N Y A Erie. See Erie.
Buff R A P gen g 5 s ....... 1937 M - 8 108
D ebenture 6 s ...............1947 J - J
R och A P itts la t g 8 s ..1921 F - A
120
Consol lBt 0 s .............. 1922 J - D
Cl A M a b 1st gu g 5 s .. 1943 J - J 130
Buff A Southw est. See Erie.
Buff St M A 8 W l s t g 5s. 1027 F - A
Buff A Susq 1st g old 5 b. . 1918 A - O
R eg istered ...................... 1918 A - O
.........
Bur C R A N 1st 5 s......... 1906 J - D *109
Con 1st A co l tr g 5a.. .1984 A - 0
. . . 115
R eg istered ................... 1934 A - 0
M A St L 1st gu g 7s. .192'“ J - D
C R 1 F A N W l s t g 0 s ..*20 A - O
1st gold 5 s....................... 1921 A - O 109 . . . .
anada S outh 1st 5 s ... 1908 J - J *109 110
110*
2d 5s.............................1918 M - 8 *110
R egistered....................... 1913 M - 8
Oarb A Shawn. See Ills Cent.
Carthage A A d . See N Y C A H
O R la F A N . See B C R A N .
Cen B ran ch D P l s t g 4 s .l9 4 S J - D
Central O hio. See B a lt A O.
Cen R R A B o f G a—Col g 5s’ 3 M -N * 90
Cent o f G a R y —l s t g 5s.. 1945 F-A * 110
R egistered ................ .1945 F -A t
96 8 ale
Consol g old 5a................1945 M -N
R egistered .............. .,1 9 4 5 M -N
40 Sale
la t p ref Incom e g 5a. ..194 5 Oct.*
2d pref Incom e g 5a.... 1045 Oct.* „ ......... 1 3 *
8d p ref in com e g 5s. ...1940 Oct.*
M A N D iv l s t g 5 s . . . . 1946 J - J
98 101
M obile D lv l s t g 5 s .... 1946 J - J •102 107
M id G a A A t l D lv 5 a .. 1947 J - J
90 101
Gant o f N J—1 at con 7 s . 1890 Q -J t * 1 0 1 * . . . .
1st con vertib le 7 s ........1902 M -N *112 . . . .
C on vertible deb 0 s . . . . 190b M -N
G eneral gold 5s........... . 1981 J - J
1 1 8 * Sale
■ ■ R egistered................... 1981 Q-J1
L eh A W B C oon as 7s. 190< Q-M| 102 Sale
O r . . . . ............................ 1915 M -N *100
A m D ock A Im p C o 5?.1921 J - J
N J South ln t guar 0s. iswu J - J
t n t Pactflo—C tfs dp A . 1898
Speyer A Co otfs BC D. 1899
Speyer A Co c t fs dep E .1900
Speyer A Co c t f FQ H I.1901
Ban Joaquin B r g 0 s ...l9 O U A - O
G u ararteed g 5 s...........1989 A - 0
Speyer A Co e n g o t s ........
L aud gran t gold 5 s ....l9 0 < A - O
C A O D lv e x t g 5 s ....1 9 1 8 J - J
W estern Paclflo g 0 s .. 1899 J - J
N o Of Cal 1st gu g 0 s .. 1907 J - J 110
G uaranteed g old 5s. 1988 A - O
Charles A 8 av 1st g 7 s . . 1930 J - J
Ohes A O—g. 0s ser. A . . . 1908 A -O t
G old 0 s ............................ 1911 A-OT

A

C

....

R ange
s in c e
Jan. I.

L ow . H ig h . N o .

L o w . H ig h

S EC U R ITIES

S tr e e t R a ilw a y * .
Pxov A P a w t’o k - ls t 5s ’ 33
Richm R y A E le o -ls t 5s’ 20
R ochester R y ....................
D eb 0s 19 1 1 ........... M AS
2d 5s 1 9 3 3 ...............JA D
Con 5s 19 8 0 ........... AAO
So Side HI (C h lo)—8took.
Un’ d T r A B le c (P r o v )-8 t ’ k
le t 5s 1938 .
..M A S
W est C h lcagc 01 ................
Oon 1 8 8 8 ................ MAM
W orcester (M ass)T r-C om
P r e fe r r e d .........................

Bid.
*108
75
20*
92
79
105
78
90*
*114*
101

A sk .
no
85
28
95
81
107

U S*
97*
1 S i* 88*
38
1 0 3 * 105

100*

110 J a n .’
1 0 0 * F e b ’ 99

108 110
100* 100*

116
115
115

110

Jan.
N o v ’98
O cu 9

116

120 120
119* 120*

1 1 8 * Sep.V98
110 A u g'9 8
1 1 8 * O ct.’ 98
105

D e o ’ 98

111
85
105
105
107*
108
94
32*
12

Feb’
J a n .’ 99
A u g ’ 98
N o v ’ 98
J ’l y ’ 98
M a r ’ 99
Jan .1
J a n /9 9
F e b * ""

108*
85

112
128*
103
89

Jan.
F e b ’ 99
M a r ’ 99
F e b ’ 99

108* 112
126 1 3 0 *
108 106
89
89

106*
106*
80 J ’n e’ 9b
68 M ay’ 98
105*
105*

9 4 * 108*

112

85

1 0 7 * 111
9 3 * 94
32* 32*
10* 13*

93“ 105*

9 4 ” 107
108 113
117*117*
1 0 5 * 108

107
111*
117*
107*
...A .

1 0 7 * 111

108
1 2 7 * M ar’ 1
128 Jan.’
103 A p r ’ 97

127*127*
128 128

105

101*105

F eb’!

109 M a r ’ 99
114*
114*
1 1 0 * F e b ’ 99

107 109
111 116
110*110*

105*
105
109*
110
106

N o v ’ 98
Jan.’ £~
110
M a r ’ 99
Jan .’ 97

105 105
108*110*
109 112

91*

91*

91

40
14
7*
95
90
86 *
102
112
112*
118*
11 0 *
102
99
114*

93*

95
95
1 1 0 * 118

95 Feb
1 1 0 * M a r ’ 99
90

97*

91*
38

41*
M a r’ 99
7*
D e c ’98
J ’ l y ’ 98
Sep-’ 98
M a r ’ 99
J a n .’ 99
M a r’ 9 *
118*
M a r’ 99
102*
M a r’ f "
M ar’!

97*
44*
15
7*

1 1*

0jJ

1 0 3 * M a r’ 99
104 M a r ’90

103* 104*
1 0 8 * 107

103*
108*
120*
120*
110*
101
104*

103
105*
120*
112*
110

107*
108*
120*
122*
liO *

103

105

M a r ’99
M a r ’ 99
M a r’ 99
M a r ’ 99
M a r’ 99
Jan .’98
104*

1 0 9 * D e o ’ 98
1 1 8 * M a r ’ 99
1 1 8 * M a r ’ 99

(G

iv e n

[V ol. LXVIII.
W e e k ’s
R ange or
L a s t S a le.

B id .
A s k . L o w . H ig h . N o .
19
119*
C A O -(C o n )— 1st c o n g 5s ’ 39 i>I-N 1 1 8 * 8ale 1 1 8 *
1 1 8 * M ar ’ 99
R eg istered..................... ,19 3 9 M -N
98*
94*
9 3 * Sale
G en g o ld 4 * s ................. 1992 M - 8
9 2 * J a n /9 9
R e g i s t e r e d .. . .. .. . • 1992 M - S
100
100
106
R A A D lv 1st co n g 4s 1989 J - J
97 D eo ’98
2d co n g 4 s .............. ..1 9 8 9 J - J
9 5 * M ay’ 9*
Craig V a lley 1st g 5s. .1940 J - J
98
102
W arm Spr Val l s t g 5S.1941 M - S
10 2 ”
Ells L e x A B 8 g u g 58.1902 M -P 1 0 1 * 8ale 1 0 1 *
C h ic A A lto n sink fd 0a. 190* M -N L 1 0 * ........ 110 F e b .’ 99
104 F eb .’ 9w
A
L ou . A M o R lv 1st 7 s ..1900
1 0 6 * F eb .’ 99
2d 7 s .............................. 1900 M -N
M iss R lv B 1st s f g 0a..1912 A - O
C hic B url A N or. See O B A Q.
115
115 Sale 115
Chlo Burl A G—Con 7 s ..1903 J - J
105 M a r ’ 99
Sinking fu n d 5 s... .,.,.1 9 0 1 A - O
1 1 2 * M a r ’ 99
D eben tu re 5 s ......... . ...1 9 1 3 M -N 112
144*
C on vertible 5 s . . . . . . . . . 1903 M - 8 1 4 3 * ....... 1 4 4 *
. . . . . 1 1 1 * D e c ’98
Io w a D lv sink fd 5 s . .. 1919 A - O 113
. . . . 105 F e b ’ 99
........................................ 1919 A - O 103
102
102
102
D env D lv 4 s ................... 1922 F - A *101
108 F e b .’ 99
S outhw estern D lv 4 a .. 1921 M - S
Cnlo A Io w a D lv 5 s . . . .1905 F - A
108*
N ebraska E x te n 4s. ...1 9 2 7 M -N * 1 9 7 * 1 0 8 * 1 0 8 *
97 M ay’ 9
R e g is te r e d ................... 1927 M -N
120 M a r ’ 99
M -8 • i« o "
H an. A St. Jos oo n 0S..1911
100 Sale 100
100
Chic B ur A N or 1st 5s. 1920 A - 0
1 1 5 * F e b .’ 9«
C h lcA E 111—1st sf cur 0s. 1907 J - D
J -D
S m a ll................
1907
1 8 4 ” Jan>99
1st o o n g 0 s ..................... 1934 A - O 132
113 M a r ’ 99
G eneral c o n 1st 5 s . . . . 1937 M -N 113
1 0 3 * N o v ’ 98
R eg istered . . . . . . . . . . 1 9 3 7 M -N
107
F e b ’ 99
O h lo A I n d C R y 1st 5s. 1930 J - J ♦107
C l ica go A E rie. See Erie.
C h ic In d A L o u is v ille —
1 1 0 * M ar’ 99
L o u is v N A A Ch 1st 0s..’ 10 J - J
92*
95
95
C h ic In d A L r e f g 5s. .1947 J - J
100 *
106*
100*
R e fu n d in g g 6 s . . . . . . . . 1947 J - J
1 0 8 * Sale 108 M a r ’ 99
C h M A St P - l s t 7s $ g R D ’ 02 J - J
108*
1 s t 7 s A g o ld R D . . . . 1 9 0 2 J - J 105
105
1 0 8 * 1 0 3 * F e b ’ 99
1st Io w a A D 7 s............ 1899 J - J
105
1 0 8 * 1 6 4 * M a r ’ 99
I s t C A M 7 s ................... 1903 J - J
105
108*
108* 108*
C h ic M il A St P c o n 7 s . 1905 J - J
105
1 6 8 * 1 0 4 * M a r ’ 99
1st I A D E x te n 7 s . . . . 1908 J - J
1 2 0 * M a r ’ 99
1st S ou th w est D iv 08.1909 J - J •120
119
1 1 5 * N o v ’ 98
1st L a Crosse A D 5s. .1919 J - J
121
121
1st 80 M inn D lv 0 s . . . . 1910 J - J
131
131
1st H a st A D D lv 7 s .. 1910 J - J
1 0 9 * D e o ’ 98
5 s ....................................1910 J - J
1 2 1 * M a r ’ 99
C hic A P a c D lv 6 s ........1910 J - J
121*
C hic A P W l s t g 5 s . .. . 1921 J - J 1 2 1 * Sale 1 2 1 *
1 2 0 * J a n .’ 99
C hic A M o R lv D iv 5s. 1920 J - J
110 M a r ’ 99
M ineral P o in t D lv 5s.. 1910 J - J •Via"
112 A p r.’ 9n
C hic A L Su D lv g 5s. .1921 J - J
118 N o v ’ 98
W is A M inn D iv g 5s. .1921 J - J
1 1 0 * 1 1 0 * M a r ’ 99
T erm inal g o ld 5 s . . . . . . 1914 J - J *110
1 2 7 * J a n .’ 9b
Far A Sou assu g 6 s . . . 1924 J - J
1 0 0 * M ay’ 97
C o n ts in k fu n d 5 s . . ...1 9 1 6 J - J
114 F e b ’ 99
D ak A G t So g 5 s ......... 1916 J - J
111*
111*
G en g o ld 4s series A . . 1989 J - J 5
1 0 5 * F e b .’ 9b
R e g iste re d ......... .
1989
121 D e c ’ 98
;
M il A N o 1st M L 0 s . . 1910 L i ’
. . . . 1 2 6 * 120 J a n .’
1st c o n s o l 6 s ..... .,.,1 9 1 3 J - D
•143
148* 1 4 8 *
143*
C hic A N orth w —C o n 7 s . 1915
*113 . . . .
113*
113*
G old 7 s ............................ 1902 n
1 1 8 * M a r’ 99
R e g i s t e r e d . . . . . . . . . . . 1902 J - D *113 . . . .
120 F e b ’ 99
. . . . 120
Sinking fu n d 0s.. 1879-1929 A-O
1 1 7 * O ot.’ 98
R e g is te r e d .. , . . 1879-1929 A -O
109 M a r ’ 99
Sinking fu n d 5s. 1879-1929 A -O
1 0 5 * M a r ’ 99
R e g is te re d ........1879-1920 A -O
122 M a r ’ 99
Sinking fu n d d eb 5 s . . . 1933 M -N 122
1 1 9 * D e o ’ 98
R egist e r e d . . . . . . . . . . . 1938 M -N
111
111*
25-year deben tu re 5 s . .1909
- N no*'
1 0 9 * M a r’ 9 »
R eg iste re d ..................1909 M -N
30-year de b e n tu re 5 s .. 1921 A - 0 1 1 7 * ........ 1 1 7 * F e b ’ 99
1 1 7 * F e b .’ 9b
R e g is te re d ................... 1921 A - 0
4
106
i'00 ” Sale 100
E x te n sio n 4 s . , , . 1 88 0-1 926 F - A
1 0 0 * F e b ’ 99
R egistered....... 188 0-1 926 F - A
si i
105*
103
G en g o ld S * § . . .............. 1987 M -N • 1 0 5 * ,
103 N o v ’ 98
‘ 105* .
R eg istered.................. 1987
1 0 7 * M ay’ 9b
E scan A L Sup 1st 0 s .. 1901 ? : $
D es M o A M inn 1st 7 s .l9 0 7 F -A
108 O ct.’ 9 »
Io w a M idlan d 1st 8 s . .. 1900 A -O
W in o n a A 8 t P e t 2d 7s. 1907 M -N
1 1 7 * Feb
M il A M ad 1st 0 s .........1905 M - S
111 Jan. - .
O tt C F A 8 t P 1st 5 s ..1909 M - 8
105 Apr.*98
N orth Illin ois 1st 5s.. .1910 M - S n o
140*
140*
M 1 1 L 8 A W l s t g 0 s . . 1921 M -N 140
1 0 5 * F e b ’ 97
C on vertible deb 5 s . . 1907 F -A
1 1 9 * M ar ’99
E x t A Im p s f g 5s.. .19 2 9 F -A •119 120
........ 138 D e c ’ 98
M ich D lv 1st g o ld 08.1924 J - J 138
........ 140 M a r ’99
A sh lan d D lv l s t g 0 s l9 2 5 M - S 139
112 A p r.’98
In com es . . . . . . . . . . . . . 1 9 1 1 M -N ......... 123
C h ic R o o k I A P ao 6 s ....1 9 1 7 J - J ♦138 ........ 1 3 8 * M ar’ 99
138*
1 3 8 * Sale 1 8 3 *
R eg istered . , , . . , , . , , 1 9 1 7 J - J
319
108
1 0 7 * Sale 107
G eneral go ld 4 s . . . ........ 1988 J - J
23
107*
107*
R eg iste re d ....... .
1988 J - J
98 M ar“ ~
D es M A F t D 1st 4 s . . 1905 J - J
85 M a r ’ 99 . . . .
1st 2 * s .........................1905 J - J
83
M ar’ 97 . . . .
E x te n sio n 4 s ............. 1905 J - J
1 1 2 * M ar’ 99 . . . .
K e o k A D e s M 1st 5 s ..1923 A -O
S m a l l . . . . , , . . , . , . , , , , ......... A -O
C h ic A 8 t L. See A t T A S F.
Chlo St L A N O. See 111 Cent.
Chlo St L A Pitts. See P a Co.
9
138
139
Chlo St P M A O oo n 0 s .. 1930 J - D
138 M ar’ 99 . . . .
Ch St P A M in 1st 6s. .19 1 8 M -N • 1 3 0 * .,
138 140 M a r ’ 99 . . . .
N or W isco n sin 1st 0 s ..1930 J - J
1 8 3 * M ar’99 . . . .
S t P A 8 City l s t g 6 s . 1919 A - 0
72
99
100
Chlo T e r T ra n sfe r g 4s ..1 9 4 7 J - J • 99 100
Ch A W e s t 1 1 s t* f g 0s. 1919 M -N ♦105 ........ 100 J ’ n e’ U7
G eneral g o ld 6 s .. . . . . , .1 9 3 2
-1 1 9
. . . . . 1 2 0 * M a r ’ 99
C h ic A W e s tM lo h R y 5 s .l9 2 i
C ou pon s o ff.................... 1921
119
O c t /9 7
Oln H A D o o n s f 7 s . . . . 1905 A - O
1 0 3 * O ot,’ 97
185
2d g o ld 4 * s ....................1937 J - J
1 1 2 * M a r’ r ~
Cln D A I 1st gu g 5s. .1941 M -N *112
0 I St L A C. See C C C A 8 t L.
Oln S A C . See C C C A 8 t L.
1 C ity A B R y B alt 1st g 5s. 1922 J - D

....

1 2 0 " Jan.v9
1 1 9 * M a r’ 9

100*
110
117*
107*

P rice
F r id a y ,
A p r. 7.

BON DS.
N.Y . STO C K E X C H A N G E
W e e k E n d in g A p r . 7.

7 88
90*
88
88*
100
1 0 1 * 114d 9 9 * 1 0 3 *
100 1 0 2 *
101 M a r’ 99
85*
78
82*
84
83*
83
83 F e b .’ 99

9 N o p rice F riday; th es e are la te s t bid an d a sk ed th is w eek,

O U TS ID E

98

1 0 0 * Mar *99

P K IC E S (5 pages) P a g e 1.

118* 119*
118* 121*
t D u e Ju ly.

a t

fo o t

G a s S e c u r itie s .
N E W FO RK .
Central U nion Gas—
1st 5 s .................................
Con Gas (N Y )—Stock —N
D eb 5s 1908........... MAN
E q u lt G a s . . . . . . . .................
1st 6a 1 8 9 9 ............. FA A
Con. 5s 1932........... M AS
M utual G as.......... ...............
N. A m sterdam Gas, Com .
P r e f.....................................
1st con sol 5 e . .. . . . . . . .

Bid.

*105
Y Stk
106
110
5101
*110
315

?:B

4 D u e N ov.

o f

7

A sk.

K xch
no
118
10 2 *
118
325
S8«
«8
J104W 106H

II D u e Ju n e .

c o n s e c u t iv e

iD u e Jan .
p a g e s

G a s S e c u r it ie s .
N Y Gas, El H e a t & P o w ..
G old 5s (w h en issu ed)..
N Y A East R iv e r G as—
1st 5s 1 9 4 4 ................JAJ
C onsol 5s 1 9 4 5 ........JAJ
N or Un 1st 5s 192 7. .M A N
Standard |Gas—C o m m o n .
D o p re fe rre d ....................
1st 5s 1 9 3 0 ............ M AN
BROOKLYN.
B rook lyn U n Gas—N Y St
1st c o n 5s—N Y Stock
W illia m sb urg Gas—1st 6s

89*
118
109
94
188
150
110

L ow .
117*
110*
90*
92*
105

H ig h
12u
118*
969*
92*
107

101*104
110 110
104 1 0 7 *
100* 100*
114*115*
1 0 4 * 105
111
112*
125* 151*
105
105*
101* 102*
1 0 0 * 105
105* 1 0 8 *
12*6” 1 2 3 *
106
108
115*115*
184** 184 *'
1 0 9 * 118
1*07 * ' 107* *
114* 116*
92
95
104 10S
1 0 1 * 109
103* 103*
100* 104*
100
109
161 165
130*121
118*182
129 181
121*
118*
118*
110

122*
122
121*
110*

115

116*

'l l 2 * i l i "
108* 112*
126
148
113
113
110

120
145
114*
113*
120

109 1 1 0 *
1 0 5 * 109
122 128
110

111*

1 1 7 * 118**
100
109
100* 100*
1 0 8 * 100

Iff* SI*
140

148

117* 119*
140 ” 1 4 2 *
131* 133*
132* 138 *
104*108
105* 107*
98
98
85
85
i.0 9 * 1 1 2 *

136
130*
140
138
93*

139
138
140
184
100*

121* 180*

118 ' l i i u

i B on d s d u e M ay. a T h e se are option ;

).—

Bid.

U anQ €
s in c e
J a n . 1.

GAS SECURITIES, die.

A sk.
98
115
111
90
144
118

OOk E xoh
E xch .
108
*101

G a s S e c u r it ie s .

Bid.

O T H E R C IT IE S.
B a ltim ore Conaolidat—Se e Balt.
3
B ay State Gas—. . . . . . . . . . .
I n c o m e s ........................ .
B o sto n U nited Gas B o n d s- -B os to
Buffalo C ity G a s 13
Stock .....................................
91
1st 5s B o n d s ...................
Chicago Gas—Se* N Y Sto c k E x
Cicero Gas Co 1st 0 s ......... 102
Jlnclnnati Gas A .C o k e ...
*A n d in terest tP r ice p e r ah

A sk
Lis*
3*
n L lst
14
92
ph210
are

THE

A p r , 8,1899.j

BON DS.
; SI
K .T . B T O C X E X C H A N G E jg j
W e s x E s d d j o A i -k . 7 .
OliRrSo.,1 A M a i. 3 m S U A r’ -1
O lA t A C e q i a a g « ...l» 3 0 F -a
O l A C a n l t t 5« tr reo.
J - J
0 C 0 A St L—G en g i a - 1 9 9 3 J - D
' Cairo d It U t golS U .. 1939 J - J
8 t L DtT l s t c o l a g
M -N
M -N
B a g ii t s n d ..........
M
c o i d i * m g a 1940 M - S
W W v » ! DIT l i t g 4 » . 1940 J - J
o m W A M D ir l it g 4 « - 1 9 9 1 J - J
O la ! St L A C l i t * 4a. 1936
F1

C H R O N IC L E —BOND PRICES
R ange
s in c e
J a n 1.

F r id a y ,
A p r . 7.

103*4 .

.--N
J - J
J -J
t

J
o‘

S1CC A In d lata t 7 a ... 1899 A S

33
80
109

Bale

9914 10SH

87 A u g ’ 98
95*4 F e b ’ 99
103*4 M ar’ 99

95
103

95*4

104

82% a 8*
30 Vt
sm
102)4 F eb ’ 99
IS7H D e c ’98

82% 83*4

23
109

D

108)4 F e b ’ 99
107 D e c '98

108*4 103*4

130

138

F eb ’ 99

180

70
SO

M ar'99
M a r ’ 99

N ot ' 9*
j n y ’ 93
M ar‘ W
9
8 e p /V “
M ar'99
149)4 Mar'9V
140 OffC/Bfc
19814 M a r '99
118)4
118*4
108 A n g'V o
14« 8ep»‘ 9M
148 M ay'9 7
183
D e e ’OM

93

*4 i l l
143 148*4
138
117

133*4
116*4

m

Jac.*vy

108*4 M a r'9 9
105*4
101*4
109
' .
105 Mar*93

80
84

po

M ar *9V
J » n .'9 9
M a r ’ 99
M ay’ 98

117*4
1*
168

151
90

M

99

109
1014
1 0 7 « 109*4:
103*4 107

104)4 OCt.'9 8

109

107*4111

93*4 F e b .‘99
113H
U4

17 11194 115

109*4

109*4

10 10494 109*4

117
119*4
118
131
10**4
149*4
143
199
140

117
Ang*98
N ot '9 8
J a n .'9 9
J'De'O*
143
I>ec "98
B e p /9 8

115*4 193*4

E

* H o i r l « r n < U 7 , - M d

6*
70)4

64
M ar’ 00
72J4 Star'99

191

140

i b T * Feb ’ 99
U 6*4 116*4
109 O ct-*98
98
98)*
93)4 M a r’ 9 9
78
73
108*4 109
93*4 A a g '9 *
97
88*4
.‘ 98
U t
Odt-‘ i
107
139

so

92*4
93
7194
107

»3
99)4
77
109

6h
98)4 107
199 133

65
Not*
97
191*4 J a n .'99
109*4 105
99)4

140

106 lO t
111*4116*4

107
M ar *99

994<

191

149*4 14544

F eb ’ w
w

181W 1*1*4
lOO S 106*4
16

9944 108*4

S EC U R ITIES

(G iv e n

a t

fo o t

o f

A sk.
78
81
109
105

69
75

100
107

since

Ask. L o w . H ig h . B o. Low. S i g h

12 1

121

105M
103
105 M a r’ 99
101 M a r’ 99

1 120*4 184

12 100*4 103

100

Fla Cen A P e n 1st g 5 s .. 1918 ; j •101
1st land gr e x t gold 5 a 1980 j - j 105
Consol g o ld 5 a .. . . . . . . . 1 9 4 3 j - j •108
Ft 8 A V B Bge. 8*4 8tL A S F .
105 M ar’ 98
F o rt 8t D D C o l s t g 4)481941 j - j
S3
84
83*4
84*4
Ft W A D C - l s t g 4 -68.1931 - D
S7
64*4 Bale
64*4
66
F t W A R io Gr la t g 3-4a-1998 - J
F u lto n EIo t . St* K ings Co El.
p a l H ar A S A S u 8 P Co.
100
10 0%
vX a l H A H o f ’ 82 l e t 5 a 1913 A - O 101*4 104
D e o ’9 »
Ga A A la R y 1st p f g 5a. 1945 A - O 1 0 4 * 4 ........ 106
100 Jan.*99
G a Car A N o l e i g u g S a l 929
J
G eorgia Pacific. 3 u 80 Ry.
Grand R ap A Ind. St* Pa Co.
an A St J. Sm C B A Q
ouaaton lc. 844 N Y N H A II103
1C3
H on et E A W T 1st g 5S.1933 M -N 10 2 *4 .
H ou e A T e x Cen. See 80 P Co.
118 M ar’ 99
.
llinois Cent 1st g 4 s .. .1951 J - J 112
112*4 N o t ’ 98
J
R e g i s t e r e d .. . . ..........1951 ‘
105 Jan .’ OO
J
l e t gold 3 * 4 s ....« ......... 1951
108*4 A p r .’ 98
R a g le te r e d .. . . . . . . . . . 1951 J - J
le t go ld 3a s t e r lin g ... ,1951 M - 8
R e g iste re d ........... ....1 9 5 1 7 1 -8
M ar’ 99
. . . . 106*4 105
Coll T r o e t g o ld 4 s........1952 A - O
104)4 Jan.*99
R e g iste re d .................... 1952 A - O
104)4
L N O A T e x g o ld 4s 1953 M -N 104*4 104)4 104
101 M ftr 'v R e g i s t e r e d . . . . . . . . . . . 1953 M -N
100*4 8 e p .’ 9S
Coll tr 9-10 g o ld 4 s . . . .1904 J - J
R e g is t e r e d ....,* ........1904 J - J
104
F e b ’ 99
W estern L in e l s t g 4 e .l9 5 1 F - A
R e g is t e r e d ..................1951 F - A
98*4 ‘ Vo
99
LontsTtlie D ir g 3*4s .1953 J - J
R e g is t e r e d ...............1 9 5 3 J - J
S3 Bale
Bt Ifoa ls DIt g S«........1951 J - J
81*4
R eg istered ............ ...1 9 5 1 J - J
98*4
96)4 98**
G old 3*4®..................... 1931 J - J
R egistered . . . . . . . . 1 9 5 1 J - J
Cairo B rid ge gold 4s. 1950 J - D
R e g is t e r e d ............. ..1 9 5 0 J - D
M iddle DIt re s 5 s ........1921 F - A 115
Spring DtT l s t g 3*4*. 1951 J - J
R e g is t e r e d ............. *.1951 J - J
C h i c B t L A N O g 5* ..1 9 5 1 J - D
196*4 F e b ’ 99
198 S ep.’ 98
R e g is t e r e d ..................1951 J - D
G old 3 *4* . . . . . .............1961 J - D
R egistered . . . . . . . . 1 9 5 1 J - D
104)4 F e b ’ 99
M em DiT 1st g 4 e . . ..1 9 5 1
D
R egistered................ 1951 J - D
191
191
K obfitt
B elles A Car 1st 6 s . . ..1 9 9 8 J - D
94)4 D eo *98
8 t L Sou 1st g o g 4 s . . . 1981 M - H 93
98
90
N o t ‘ 98
Carb A 8 l e t * 4 * . . . .. . 1 9 3 2 M - 8
I n d fllA W . S ssC C C A B tL .
•104
Ind D ee A W le t g 5 * ....1 9 3 5 J
D 5 M a r’ 99 >u
108 M a r ’90
Ind 111 A la le t r e f g 5 * .. 194* A - O
125 M ar'9 9
l o t A Gt N o let gold 6s . 1919 M -N •195
92
93
93
92
ftd g o ld 5 a . . . . . . . . . . . . . 1 9 0 9 M - 8
59
60
60 Mar '99
Bd g o ld 4 s . . . . . . . . . .........1991 M - 8
10H *
108 W
Io w a Central 1st g o ld 5 a 1938 J - D •109*4 110
Io w a M idland. 8 ss Cb A N W .
Jefferson R R . 8*4 Erie.
al A A G R. its* L 8 A M 8.
an A M ich. 8*4 T o l A O C.
K C A M R A B 1 st g o g 5s. 192v
69*4 8e i e
K C P A O l e i A ool g 5 a 199
63*4
60*<i 452
K an C A P a a S s M K A i
K ansas M id, 8*4 HI L A 6 •
K en tu cky Cent* 8*4 L A N
K eok A D e s M. 8 s s C R l A P.
85
M ar’ 99
6
K ing# Co Hi ser A 1st g 5s *Str J - J ! £ « * . . ♦
90
...
Ful El 1st g o g 5s s e r A . '89 M - 8
89
89
K n oxT llle A O h io. 344 80 Hr.
T a k e E r ie A W l s t g 5 s . 1987 J - J 118
118*4 1 18*4
110 108
108
I j 9d g o ld 5 a . .............1 9 4 1 J - J
106 M ar’ 00
N orth O hio 1st gu 5 s , . 1945 A - O io o * 108
L 8A M a
S4 4 S Y Cent.
A u
Leh Val (P a ) eoU g 5s . 1997 M -N
104
R egistered ......................1997 M -N
L e h V N Y ls t g u g 4 * 4 a 1940 J - J
107* M a r ’ 90
R egistered ......................1940 J - J
Leh V T e r Ry i s t g a g 5 * 1 9 4 1 A - O
118*4 M a r '9 9
I09*g J ’ly *97
R e g is t e r e d ...............,..1 9 4 1 A - O
96 F eb ’ 99
L V C o a l C o 1st g a g 5 a 1933 J - J
R e g is t e r e d .................. ..1 9 3 x J
91
L ab A N Y I s t g u g 4s ..194 6 M - 8
98
F o b '99
ilegts te r e d . . . . . . . . . . . . . 19^4 5 M - 8
H 0 A N 1 s t * 1st p f 6 1914 A - O
s.
101 8 e p .’ 07
G old guar 5 s . , 1 9 1 - 4 A - O
‘
Leh A W likesb. 8*4 C en t NJ
L e ro r A C aney v «ul 3** M o P.
l/sx A t A P F. 8 * 4 M et 8t Ry.
85)4 97
85
M ar’ 99
L R A M l s t g S s l 9 1 7 T r e t f*
L on s D ock. 3*4 JSrta
122*4 M a r'9 9
. ^ . * 4 is l'd — 1st OOU C 6 a l 9 3 !
Ji 121
Jt 109
1st co n g 4*
...1 9 3 1
to o
io o
G eneral g o ld 4 s . . . , .. .1 9 8 6 1 D
98
.
100 M a r ’ 99
F erry 1 st g o ld 4*4e.. . . 1982 M - 8 100
*100
G old 4 s . . ......................... 1989 j
95
D ebenture gold 5s........ 1984 J - D
100 Jan .’ 99
N Y A R B l e t g 5 s .. ,.1 9 9 7 M - 8 100
2d i n o o m e ..................1937 H ep
M Y B A M B o o n g 5 a . 1935 A - O 104 *4.
107 *' Jan.‘'9 9
115
.
Bklyn A M on 1st g 6*. 1911 M 1st 5 s . . . . . . . . . . . . . . .,1 9 1 1 a t - 0 104 .
95
.
N or 3 h b ls t o o n g g a 5 s . / 8 9
N Y Bay E x R ls tg u g 5 # * 4 8 L - j
M ontaak Rx gu g 5 e ..,1 9 4 5 J - J
La A M o K ir. 3*4 Chi A A lt.
L E A Bt L C o n cn g 5s T r oerU
65 Sale
65
0«
G eneral gold 4 » . . . , , , . , 1 9 4 8 M - 8
9 M a r’ 99
106
No t '97
L o a A N aeb—Ceoe? Br 7s 1907 M - 8
181
N O A M 1st g 6 . ,, .1 9 8 0 J - J
f
181*4
«81 H
122
M ar'99
3d gold 6 .....................1980 J
s
N o t ’ Oh
E H A Nash l s t g 6 . . 1919 J - D
a
1 1 5 )4 ........ 117
G eneral g o ld 6 . . . . . . . 1980 J - D
e
119)4 . . . . ISO M ar’90
103*4 Sep.‘ 97
P e n sa cola d ir gold 6 , 1980 M - 8
i
4t L d l r l s t g ns...........1931 M - 8
126
O e c ’ 98

Wi4 u u d U l . V M k . t B oo4 a (3n« A oa aaC

(J s f H « c a r1 U m .
Bid. Ask. 1
Bid.
G ms H e rm r lt le e *
J iir (Ja* .N o r fo lk
50
45
F ort W ayne ( In d ) —gte M
70
U t 0« .................. ....... 91 Ot
1st 0s 192 5........... .J A J
19
ORy H A L (F sf.oria) 3*. ) ........ 94
Grand Rapids— S to ck ........ 100
94
O oiam bu* (O ) Gas—Stock
97
le t 5s 1 0 1 5 ...........F A A #108
1st 5s 1 9 2 2 ., . ......... JA J II 05
107
H a rtfo rd (Ot) G a s L . . . 25 t 48
<>m*oB d Gee (N J ) —Btck
Indiana N a t g IU O a a -B f k
59
1^)4 20
84
1st 5s I9kw ........... J A I
88
1st 0s 1908
M AN
71
42
G o w o t Gas fP itU )..
102
4**4 Indianap olis Gas—Stock
1st 0s 1 9 3 0 . . . . , , , , M AN 106
01M
Bon ds 5 s ......... .............
Jersey C ity Gas l i g h t . . . . 310
O w i « e G ee (J C l t y ) - 8 U
89
*2
leaded e Gas— N Y Stock R xch .
le t h i .......................MAN 107
109
L a fa y e tte ( la d ) G a e ~ 8 t*
70
O w rn tt 9 w —S m K T E x . h . lisa.
1st 6« 1 9 2 4 . . MA N
63

Range
Jan. I*

I

183)4 N o r '98

117*4
1178
159
141

1C3

Week’s
Range or
Last Bale.

106

68

3Q

10 1

7

•

10 1

99*4 102*4

ioo” 100**

H

89
102)4

R egistered........,1938 Qa-J

O lrr A Pitta. 8*4 P en n Co.
63
65
Col M ldPd— l » t g 2 - 3 - 4 « . 1947 J - J
71
73
l e i * 4 a . , . , ..................... 1947 J - J
Ool A 9 tb A ? . S « M et St R f .
Ool am A G reen t . 84* do R f .
Ool H V A T ol—C on g 5 f.l9 3 1
J P M A Co eng efe * 0 5 |
if*
9 . g . 8 l . , J P M C tfi f t p
58
,
G ea. lien g- 4 s, d o . . . . ,1996
R egistered, d o .. . . . . . 1 9 9 6
Ool A u l a MdL 3*4 B A O.
Ool Conn A T erm . S « MAWi
Oonn A Pee R ir* le t a 4e . ‘ 43 A - O
e e A G t So. 3 * CM A 8 tP .
*11ee A W aco. 3*4 M KAT.
• el L ack A W estern Y a.,1 907 34. * 194
8 yr B ln* A N T le t 7 e.t9 0 8 a - O 181
M orru 4 Km « x 1st 7s. 191* n~N U S
7 s .................................. 1900 J - J •103
7 s . . . , ........... 1871-1901 A - O •107
lit
1st eon g o e r 7 s . . , , , , 1 9 1 5 J - D
R egistered *............ 1915; J - D
* Y Leek A W 1st 6 « . . 1991 J - J
C on struction 5 * ........1933 F - A »
W arren 3 4 7 * ...............1 9 0 0 A - O
Asl A H o d 1st Pa DIT7S.1917 M -rtj 143
B e g l * i * r e d . . . , 1917 M -H
A lb A 3 ss le t eon *0 7 * 1906 A - O
■ H
.19061 A - O
114*4 .
GoTd 0 s ........................ 1906]A - O
B a gru rta red .,.,,,...19<>6 a - o
139
Rene A 3ar 1st 7 s ....... .19*5 n - K
R eg istered . . . . . , . , . . 1 9 3 1 M s
Aal BJT R R Bee, 8*4 Pa R R .
85
90
O ec Co q T t C o l H g 9 a . .1 9 9 8 A - O
Den Tram C o c o a » 6« - l 9 I 0 J - J
Mat Ry C o i* t gu g 6 *. 19 1 1 J - J
o e o A R G r le t g o l d 7 e .. 1900! m - N ;*J0W4 10114
l e t eon g i s , ..............1930 J - J 100)4 Sale
le t c o o g 4*4*. , , . , . , , , 1 9 3 6 J - J * . . . . . HO
Im provem en t gold S « .1 9 9 * j - D
Dee M A F t D. £*s C R A l P.
Des M A M inn. 3** Cb A f* W.
D eeM Un l t f le t g 5 * ., .1917 M - N 108
D e tM A T o l. 3 r -s L 8 A M S o ,
D el A Mack le t lien g 4 * 1 9 9 5 J - D
G old *s ..........................1995 J . D
Dnl A Iron Range l st 5 * 1937 j a - O
R a gletared......... 9 3 7 1a - <1
M il a n m<>r*g*ge 6 « . . . 1 9 t 6 , j - j
D el R ed W A 3 1st g 5s. 1938 J - J
D el So S h ore A A t g 3s. 1937; J - J 1 U
ast o f M inn. SssrtiPM AM .
a e i T V a A G *. Sm .B o R fBlgln Jol A B 1st $ 5* .. 1941 M -N 10*44 .
Blls U i t B i
3*4 C A O.
Kim C ort A -No. 8 4 4 Lab A N Y,
Brie 1st e x t g 4 s . . . . . . . . . 19 47 >1-N 1 U
,
M e m gold 5s--------- . , . , 1 9 1 9 M - » 11**4 .
f d e x t g old 4 ^ e .........,.1 9 3 3 M - *
118
4th e x t g old 5 « ..............1 9 3 0 A - O •118
1
f t h e x t g o ld i s . ...........1988' J - D
105
.
le t --------- l
M | e o n a oU g old 7 s ........192*-* * M
M
I
le t e o o e o i gold fd 7 s . . 1930 M -H
L on g D ock eon gold 6 *. 1935 A - O 188
B u ffN Y A S r ie m 7 « .1 9 1 6 J - D •141
B e ? A 8 W gold 8 « ...,1 9 0 9 J - J
8m afl . . ........ ..................
J - J
Jeff R R 1st gu gold 5*. 1909 A -O ' 104
Okie A Erie l i t « flg ... 19*3 .71.-N U 5 J 4 .......
Coal A R R 1 ft C g e 6 * 1 9 3 3 M -N
D ock A Im p 1st cu rd s. 1919 J - J i i T * ” 111
* Y A G reen L gB g G e .1 9 4 6 M -N
Brie 1st m n g 4e pr bda. 1996 J - J
99
dale
R e g i s t e r e d . . . 199* J - J
_
Is * s o n g e a lie n g 4*. .1996 j
V t * ‘ Bale
J
“
'
. 1 9 9 6 1J
• Y 8 A W —la t ref 5 * 1937 J - j <08 109
34 gold
..........1937 F - A
G eneral g 5 s ............... 1940 F - A
97
Te.'Tnlnal le t g 5 s . . . . 1 94 1 M -N 118
Reel s •$, 000 each . 1943 M - N
W 'lik A E eelet gn g 5s 1943 J - D •105
M U R R ofN J U t g 6 e l 9 1 0 A - O
l A L 9*p. 844 C A N W.
R arsiss springs le t g 6a 19381 P - A
I T A T H 1st con 6 * . . . . 1931 J - J
9 t #*ale
>*4
le t fen a ra i gold 5 s . . , . 19*81 A - O ..........104
Mt V ern on le t 6 s ......... 1933 A - O
D m ll Co Br-ch l e t g 5 * . 1980 A - O
I r A I n l 1st con an *r 6 . . 1936 J - J
s
99T4 Sale
F argo A 8 . SssC h M A St P.,
0

120

t

114 O ct.‘ 9?
107)4 F e b ’ 97

C ocao 1 .............................1914 J - D
Consol sinking fd 7 * ...1 9 1 4 , J - D
G eneral eonaol g o ld 0s. 19 34 J - J
Registered
a.««19S4 J - J
0 * 8 i n M C C O A I 7 S .1 9 0 1 A - O
cn Lor 4 W h c o n Is* 6s . 1988 A - O •105)4 108
0I* r A M arietta. 3*4 P a R R .
01
A M ahon Val g 5s.. 1938 J - j| 130

O U TS ID E

F r id a y ,
A p r . 7.
B id .

Sag later o d ................1986

Consol 6 a .. . . . . . . . . . . 1 9 3 0
Cto 8 A Cl c o o l i t * Sa. 1998
Inti B1 A W la t p f 7 a ..1900
0 l t d A W 1st p f 5 * ...1 9 3 8
Pao A S eat l a t a o o 4a. 1940
In com e 4a...................1 9 9 0

Price

BONDS.
» . Y . STOCK E X C H A N G E
W b b k E n d i n g A p r . T.
O
A ere
6 s . . . .1920
1st
o
...1 9 3 9 M
FFlint cornoPso lDgIMldg t5s. 5e-19S9 A ---N
t Hu n
ls g
A O

•9
6
91
92*4
9*
91)4 D e c ’ 98
103
Mat ’ 99
9C H e r ’ 98

65 9

(5 pages) PAGE 2 .

07*4 104*4
118*4 114
108*4 105**

105 107
104)4 104)4
108 1 0 6 2

104

104

98)4 * 0 4
9*
81

83*4

94*'

*98)4

120

126*4

104*4 104*4
18i " Y ii

•
It.
....
....

102*4
104*4
124*4
92
60
107

105
108
125
97
63
110

63*4

75

65
59

85
89

K

5*4 119
103*4 110
100 106

105>4 107

11 T
00

iiiJ i
90

*01*4 V I "

33
ISO

87
122*4

9 8 *' 1*0*6**
99 101

100

100

107

107

50
6

72

10

i'sisw i s l i i
117
12*
117«

i*«T

» B o a d . d a , Aorti — B o o d , d a , J u u r r . J B o n d , l a a l a l * a O ^ l o n
o o n s k o it t iv b

p a o b s

O n e H e cu ritle e .
L oganspt A W ab Val—Btk

I d 0s 1926 .. .......JAD

).—

Bid.
58
70
63
{1 6 5
50
72
Stock
ton L
45
92*4

M adison i W li ) Gas—fltek
le t 0s 1 9 9 0 .............A AO
O hio A Indiana—S t o c k ...
1st 0e 1 9 2 0 ..............J A D
P eop les G as A C ok e— N Y
P h iladelphia C<>— 9*4 Bos
8 t Joseph ( M o ) . , , . , . . . , . .
5s 198 7.......................JAJ
00
St Paul G aa—B took...........
Consol 5s 1944 ....M A S i hr
17
•rraouse Gas—8 t o o k ..

GAS SECURITIES,

Ask.
03
74
87
109

00

75
K xoh
1st40
95
5U *
90
19

A c

Bid.
G sa S e c e r ltle i.
0*
Byr’seGas— 1 st 0 s ’ 46.JA J
97
W estern G a e (M llw ).........
59— 84* N Y Stock E xch 11SU
T o J rs r. Ac T r l c p h .
\roerloan Dlst T ole—N Y m o o t
Am erioan T e l A Cab—N Y Stock
112
Central A South A r n e r ..
3 b » * P o to T e le p h —9tk
#1K
Bond 6 s ............................. 103
O om m erdal C a b l e . . . . . . . . 185
lom raer U nion Tel (N Y ).
Em pire A Bay State T o l., • V i "
{A n d interest. tP rio o
Ml

A sk .
84
99
B xo,
Kxah
115
05
105
lif t
80
are

THE

060
BONDS

I

• T i T.b t o c x e x o h a n q e | « j
W e e k E n d iw u A w *. 7 .

C H R O N I C L E .— BONJ

P rice
F r id a y ,
A p r i l 7.

W e c k -t
|
|3
R ange or
L a s t B a le.

R ange
tin e *
J a n . 1.

PRICES (5 pages) P a g e 3.
P r ic e

BONDS.
N .Y . S T O C K E X C H A N G E
W e e k E n d in g A p b . 7.

F r id a y ,
A p r il 7.

(V ol. LXV H I.
Week* s
Range or
L a s t S ale.

R ange

sin ce
J a n . 1.

B id. A ik . Low . H igh . N o . L ow .H ioh*
B id .
A e k . L o w . H ig h . N o . L o w .H ig h .
N Y C en t (C on.)
L ou A N u h (C on .)
103
.......... 104 D e c ’ 98
D eben tu re g 4 a .. 1890-1905 J - D
8L L ou is D iv id g 3 b. . 1980 M - 8 ......................
.......... 1 0 4 * F e b .’ 99
R e g is te re d ........1890-1905 J - D 103
i ‘0 7 " N oV'98
N u h A D eo le t 7 b ........1900 J - J
105* 107*
D e b to e rts e x t g 4 s . . . . 1905 M -N 103 ......... 1 0 7 * F e b .’ 99
8 l n k f d ( 8 A A ) g 0 S ....1 9 1 O A - O
.......... 1 0 4 * J’ n e ’ 98
R e g iste re d ................... 1905 M -N 103
lOSM ‘ VO io e % i o 8 *
’
8 A N A c o n g u g 5 s . ...1 9 8 6 F - A 107** . !!!!.* 108%
i’10 * 1 1 2 *
t il
......... 1 1 2 * M a r ’ 99
G 3 * s ................................ 1997 J - J
14 107% n o w
10B
no
no
G old B e . . . . . . ..................1 »3 7 M -N 109
i n * 111*
1 1 0 % ......... 1 1 1 * F e b ’ 99
R e g iste re d .................. 1997 J - J
94% 98*
96%
96% 02
0 0 * Sale
Unified g 4 e .....................1940 J - J
9 9* 102*
8ale 100
100*
L ake S hore c o l g 3 * s . l 9 9 8 F - A 100
R eg istered ...................1940 J - J
98
100
9 9 * ...... 9 8 *
100
R e g is t e r e d ..................1998 F - A
98% ibi"
98*
99
9 8 * Bale
C ol tr 5-20 g 4s ....1 9 0 8 - 1 8 A - 0
98
102
99
99
M ich Cen t coll g S * s . .1998 F - A
111 119
112
112
Pens A AU le t gu g 0 s .l9 2 1 F - A 112
97* 99*
09
90
R e g is t e r e d ..................1998 F - A
108
no
1 0 9 * M ar *99
Ooll trust g 5 s . . . . ....1 9 3 1 M -N 100 110
106
108
........ 106 M a r ’ 99
H arlem 1st 7 s ................1900 M -N 106
108
108
........ 108 Jau.*99
LA N A MAM le t g 4 * s . l « 4 5 M - 8 110
106 1 0 0 *
... .. 106 M a r ’ 99
R e g is te r e d ...................1900 M -N 106
io e % io » %
107*
107*
N Fla A 8 le t gu g Be ..1 9 3 7 F - A 1 0 0 * 1 0 8
........ 103 M ay’ 97
N J J u n e B gu 1st 4s .1980 F - A 103
91
95
05
95
K entucky Cen t g 4 s . . . l 9 8 i J - J 1 95 ........
R e g is t e r e d .................. 1986 F - A
103 J a n .’ 98
L O t n A L e x g 4 * 1 . .. . 1 9 9 1 M -N
110*114*
114*
WeBt S h ore 1st 4s g u . 2301 J - J 1 1 4 * Sale 1 1 3 *
L A Jeff B g e C o g u g 4 8 .1 9 4 5 M - 8 •*03'* .**!!!
109*114
114
R e g is t e r e d .................. 2361 J - J 11H * Sale 114
L N A A C . S ssO IA L .
no
........ 108 N o v ’ 98
B eech C rk 1st gu g 4s. 1930 J - J
109 M ar’ 98
L ou ie Ky C o le t c o n g 5 s .l9 3 0 J - J
106 J ’n e ’ 98
R e g is te r e d ...................1930 J - J
ah on Coal. See L 8 A M S.
2d gu g o ld 5 s ............. 1930 J - J
112* 1242 95 1 1 2 *
Sale 1 0 9 *
anhattan Ry oon 4s. 1900 A - 0 111
R e g is te re d ................... 1936 J - J
28 116 119%
119*
1 1 9 * Sale 1 1 7 *
M etrop ol El le t g 6s.. .1908 J - J
C loarfleld B ltum Coal Corp
11 10 2 % io a %
102 *
2d 08..............................1899 M -N 1 0 2 * ......... 102 *
95 J ’ l y ’ 98
l s t s f ln t g u g 4 8 s e r A . ’ 40 J - J
M an 8 W C o lo n li g B s ...l9 8 4 J - D
Sm all bon d s series B . . ’ 40 J - J
J
M arket Bt C i t y I e t g 0 a .l9 1 3
G ou v A O sw e l s t g u g 5 s .’ 42 J - D
M oK 'pt A B V . S etP M cK A Y
130 182
M ar’ 99
R W A O g c o p l s t e x t 5 s . ’ 22 A-O# 1 2 8 * 1 2 9 * 182
M etrop olitan El. S « M a n Ry.
N or A M o n t 1st gu g 5 s .’ 16 A - 0
118% 124
122
M et 8 t R y gen c tr g 5 s .. 1997 F - A 1 2 1 * 8ale 121*
R W & O T R l s t g u g 5 s . 18 M -N
123 125%
124 AIar’ 9
. . . 124
B w a y A 7 th A v le tc g 58.1943 - D
O sw e A R 2d g u g 5 s . .1915 F -A i
-D
R e g is t e r e d .................1943
107 A u g ’ t
U tica A B lk R ly gu g 4 s .’ 22 J - J
128% 1 2 7 ’
1*24*' M ar *09
O olA 9th A t le t gu g 5 b. 1993 M - 8
M ob A M ai l s t g u g 4 s .l9 9 1 M - S
R e g is t e r e d .................1993 M -S
Cart A A d l s t g u g 4s. 1981 J - D
124
196%
120
126
L a x A t A P F lBt gu g 5s.’ 93 M - 8 •125 120
N Y A P u t 1st o o n g u g 4s.’ 93 A - O
R e g is t e r e d ......................... M - 8
1 2 3 * D e c ’ 98
N Y A N orth l s t g 5 s .. 1927 A - O
0 8 * «8%
**08* Jan .’ 99
M e x C e n t oon gold 4 s ...1 9 1 1 J - J
L a k e Shc^e A M ich South—
16% 1 «%
1st oon Incom e g 8 s ... 1930 J ’ lyl
10*
10*
121 A p r.’ 98
D e t M on A T o l 1st 7 s l9 0 6 F - A
13%
12
12 Sale
12
13*
2d con Incom e g 3 s . . . . 1939
102 * 102 *
1 0 2 * F e b ’ 99
L a k e Sh ore d lv ld 7 s . 1899 A - O
O
■ q u ip A ooll g 5 s . . . . . .
17
29 1 0 5 * 107
100*
106*
C onsol 1st 7 s , , . . . . 1900 J - J
48
64% 88%
87 Sale 187
87*
M e x In tern et 1st con g 4s. 77 M - S
105* 106*
1 0 0 * F e b ’ 09
R e g is t e r e d ......... 1900
M ex Nat 1st gold 0 s ....... 1927 J - D
110* 117*
1 1 7 * M a r ’ 99
C on sol 2d V s........... 1903 £ 8
2d Inc 0s A Cp stm pd. 1917 M-S*
1 1 6 * Jan .’ 99
110*110*
R e g i s t e r e d .. . .. .. 1903 J - D
14*' * u *
14
14
2d Incom e gold 8s B ..1 0 1 7 An.*
100
n o*
■ n o * 1 1 0 * M a r ’ 99
G old 3 * s .............. 1997 J - D
97 F eb ’ 97
M ex N orth 1st gold 6 s .. 1910 - 1>
106
106
100 Jan .’ 99
R e g is te r e d ........... 1997 J - D
-D
R e g is te r e d .................... 1910
1 0 8 * D e o ’ 97
CinA 8 l s t g L 8 A M 8 7 s ’ 01 A - 0
M loh Cent. See N Y Ce£t.
K A A G R lB t g c 5s. 1938 J - J
M id o f N J . See N Y Sub & W
126
121 O ct.’ 98
M ah on C ’l R R 1st 5s .l9 3 4 J - J
103*105*
M ll E lB y A L 8 0 - y r g 58.1926
1 0 5 * Feb.*99
112 M a r ’ 09
11 \U 112
M ich Cent—1st oon 7 s l9 0 2 M -N *112
M L 8 A W . See Chlo A N W
1 0 4 * D e o ’ 98
107
M -N
1st oo n 5 s ............
MU A Mad. See C hic A N W
122 F e b .’ 98
. ...1 0 0 9 M - S 120
MU A N orth. S w C h M A S t P
1 2 1 * J ’n e ’ 98
....1 9 3 1 M - S 125
MU A 8t P. Set Ch M A Bt P
♦124
1 2 5 * J a n .’ 98
130
R e g is t e r e d . . .
Min A 8t L gu. See B C R & N
*104
1 0 0 * F e b .’ 98
4 s ..........................
n
145 140
148*150
148 Jati.’ 99
M inn A 8 t L — l s t g 7s . .1997 J - D
108 J a n .’ 98
R e g is t e r e d ............. 1940 J - J
110% 113%
113*
1st oons gold 5 s........... 1984 M -N H 3 * ........ 1 1 3 *
B a t C A St 1st gu g 3 s . ’ 89 J - D
125 125
Iow a ex 1 st gold 7 s . . .1900 ~ D
125 Jan .'
52 1 0 5 * 108
106
N Y C hic A S t L l s t g 48.1937 A - O • 1 0 5 * 1 0 8 * 1 0 5 *
127
127
127 Jan.*99
South WeBt e x 1st g 7 s .*10 J - D
104
N o v ’ 98
R e g is t e r e d .....................1937 A - 0 * . . . . 1 0 6
P acific e x 1st gold 0 8.1921 A - 0
128 D e c ’98
N Y A G reen w L a ke. See Brie
M A P 1st 5s st 4s ln t g u .. *80 J - J
N Y A l ia r . See N Y O A H ud.
M 88M A A l s t g 4s in tg u .*2 0 J - J
N Y L a ck A W . S e e D L A W
M StPASSM co n g 4s ln tg u ’ 38 J - J
N Y L E A W . See Erie.
M inn Bt R y l s t c o n g 5 s .1919 J - J
N Y A M an B ch. See L o n g Is.
M inn Un. See St P M A M.
N Y A N E . See N Y N H A H
9 3 * Sale
D
M o K an A T e x —l s t g 4s. 1990
93*
9 4 * 280
91%
L 0 4 * O ct.’ 97
N Y N H A H a r t ls t r e g 4 s .’ 03 J - D
2d gold 4 s .......................1990 F -A I
6 7 * Bale
07
08$ 2 2 0
05%
184
173
1 8 1 * M a r ’ 99
C o n v e rt deb ce rts $ 1 ,0 0 0 .. A - 0
90
87 ........
82
1st ex ten gold 5s......... 1044 M -N
89 M a r ’ 91
172 180
180
M ar’ 99
, 180
Sm all c e r tfs $ 1 0 0 .............
M E A T o f T l s t g u g 5 s .’ 42 M - S
87 ........
90
86
80*
87*
1 2 0 * A u g ’ 98
H o u s a to n ic R c o n g 5s. 1937 M -N
K C A P a c l s t g i s . ...1 9 9 0 F - A
75% 82
.......... 79
70
79
N H A D erb y c o n 5 a . . . 1918 M -N
Dal A W a 1st gu g 5 s .1940 M -N
95
95 ........
85
95
M ar’ 99
120 *
120
1 2 0 * M a r ’ 99
N Y A N E 1st 7 s .........1905 J - J * 1 2 0 * .
B o o n e v B d g C o g u g 7s. . ’ 06 M -N
114*
114
1 1 4 * J a n .’ 99
1st 6 s ........................... 1905 J - J n u %
T eb e A N eosh o 1 s t 7s. 1903 J - D
N Y A N orth . See N Y O A H .
M o K A E 1st gu g 5 s . . . 1042 A - 0 102* ...... 106 M ar’ S
L 0 1 * 106
106 1 0 7 *
107* 107* 107*
197*
N Y O A W c o n l s t g 5s. 1939 J - D
M o Pao—1st con g 6 s . . . 1920 M -N 119 Sale 119
1 2 0 * 40 1 0 8 * 121
1 0 3 * 106
108*
104*
R e fu n d in g 1st g 4 s . . . . 1992 M -S! 1 0 3 * ..
3d 7 s .................................1900 M -N 115 ........ 1 1 4 * M a r’ 99
114* 115*
1 0 1 * N o v ’ 98
R eg is $ 5 ,0 0 0 o n l y .. . 1992 M-81
T ru st g 5 s.......................1917 M-31
99 1 0 0 * 9 9 *
100*
9 1 * 100*
N Y A P u t. See N Y O A H .
R e g is te r e d ........... .. 1 9 1 7 M-81
l e t ooll gold 5 s............. 1920 F - A
93 Sale
88
9 0 * N Y A R B. See L o n g Isl.
93
93
N Y 8 A W . See Erie.
R e g is te r e d ................. 1020 F - A
P a c R o f Mo 1st ex g 4 s .*88 F - A
107 M a r’ 99
106 1 0 7 * N Y T e x A M. See 80 P a c Co.
2d exten ded gold 5s .1938 J - J
1 1 1 * 1 1 3 * N orth Illin o is. S e e C h lA N W .
113*
113*
North O hio. See L E rie A W.
Y erd V I A W 1st g 5s. . ’ 26 M -8
N orthern Pacific—
L eroy A C V A L l s t g 5s *20 J - J
1 1 4 * 118
118 M a r ’ 99
*118* .
G en 1st R R A L G s f g 0 s . ’ 21
B t L A I M t l s t e x t g 4 * s . ’ 47 F-AJ •105
105* 105*
105*
105*
117 O ct ’ 98
R e g iste re d ................... 1921
2d e x t g 6 s .................. 1047 M -N 105
1 0 0 * M ar’99
100* 107*
1 3 1 * D e c ’ 98
8 t P A N P ge n g 6 s . . .19 2 8
131
J - D 106
A rk Branch e x t g 5 s . 1985
5 105* 106*
100*
106*
R eg istered c t f s . ., ,. . 1 9 2 S
130 8 ep .’ 98
G e n oon ry A l d g r t g 5 b *31 A - 0 108
108
1 0 9 * 522 105 112
1 0 1 * 104
1 0 3 ''
1 0 1 * Sale 1 0 1 *
Q en oon sta m p g td g 5a *81 A - 0
P rio r l ie n r A 1 g g 4 s . . 1997
110 1 1 1 *
1 1 1 * M a r*99
108* 108*
1 0 3 * M ar’ S
R e g iste re d ....................1997
M lssR iT Bdgo. SeeC hic A A lt
84
0 7 * 70
67*
68
G eneral lie n g 3 s ..........2047
M ob A B lrm p rlo rlle n g 5s.*45 J - J
0 7 * Sale
R e g is t e r e d ........... ,..2 0 4 7
S m a ll.................... ............... J - J
92
90
W ash C en t 1st g 4 s . . .1948
92 F e b ’ 99
Incom e gold 4 s ........... .1945 J - J
L12 117
Nor P a c T e r C o 1st g 08.1933
117
117
Sm all.....................................
Nor R y Cal. See C en t P ac.
M ob A O hio new gold 0 s . . ’ 27
125
125 128
127* 127*
le t exten sion gold 08.1927
•117
117 1 1 8 * Nor W ls. See O St P M A O.
117 F e b ’ 99
Nor A S outh 1st g 5 s . . . . 1941 M -N
102 J ’ n e ’ 98
84
I |General gold 4 s............1938
8ale
8 2 * 88
84
85*
130 1 3 0 *
Nor A W e s t ge n g 0 s . . ..1 9 3 1 M -N
1 8 0 * F eb ’ 09
a M o n tg o m D lv l s t g 5s. 1947 F - A
106 108
107* 107*
107*
N ew R iv e r 1st g 0 s . . . . 1932 A - 0
128 N o v ’ 98
’ Bt L A C airo gu g 4s ..1 9 3 1 J - J
87*
Im p rv m t A e x t g 0 s . . . 1934 F - A
1 1 7 * A u g ’ 98
M ohaw k A Mai. See N Y C & n
C O A T I s gu g 5 s ....1 9 2 2 J - J 105
M onongah ela Klv. See B A O
101
F e b ’ 97
Solo V A N E ls t g u g 4 s .l 9 8 9 M -N
M on t Cent. See St P M A M
97*
98
96* 98*
88*
93*
N A W R y l s t o o n g 4s. 1996 A - 0
M ontauk E xt. t See L on g Is.
92
9 2 * Sale
R e g is t e r e d ..................1990 A - O
M organ’ s La A T . See 8 P Co.
M orris A E ssex. See Del LA W
S m a ll..................
1996 A - 0
1VT ash C h at A St L 1st 7s.*13 J - J
1 8 2 * Sale 1 8 2 *
132 1 8 2 * N or A M ont. See N. Y .C ent.
182*
In d A W . S e e O O O A S t L .
11
2d 8 s.......................... 1901 J
1 0 5 * N o v ’ 0?
h lo A M iss. See BA O 8 W .
1st con gold 5 s ..............1928 A - 0 1 0 4 * ........ 108 M ar’ 99
108 1 0 8 *
O hio R iv e r R R 1st g 5S..1930 J - D
■ 1st 6s T A P b ................1917 J - J
102 J a n .’ 98
G eneral go ld 5 s . . . , , . . . 1937 A - 0
l i t 0s MoM M W A A l. 1917 J - J
O hio S o u t h .g e n ls t g 4s. 1921 M -N
1st gold 6s Jasper B ch.1928 J - J
9 S ep.’ 98
115 M a r ’ 99
Eng T r C o c e r tfs ................
Nash F lor A Bhef. See L A N
8 * 8 e p .’ 98
85
80
F ew H A D . S e e N Y N flA H
Om A St L l s t g 4 s ..........1901 J - .
8 2 * M ar’ 99
N J June R R . See N Y Cent.
Ore A Cal. See So P a c Co.
110 1 1 3 *
N J Southern. See C en t N J.
O re R y A N a v l s t s f g 0s. 1909 J - J •111
111*
111*
N e w A C ln B d g e See Penn Co
Ore R R A N av o o n g 4 s .. 1946 J - D 1 0 1 * Sale 1 0 1 *
1 0 2 * 121 LOO* 103
1 2 8 * 182
N O A N K p r lo r lle n g 0 s . 1915 A-OI
Jre S hort L in e 1st g 6 s . 1922 F - A
128*
128*
N Y B A Man Bch. See L I.
U tah & N or 1st 7 s . . ...1 0 0 8 J - J
12 L 121
121 M a r’ 99
G old 5 s ......................... 1920 J - J
N Y Bay E x ten R R . See L I
102 M ay’ Sl112
N Y Cen t A H R— 1st 7s. 1903 J - J 1 1 4 * Sale 114%
114%
108
1 1 4 * 1 1 7 * Ore 8h L —1st c o n g 5 s ... 1940 J - J
111
lll
111*
R e g is te r e d ..................1903 J - J 1 1 4 * 115
N on-oum I110 A 5 s ........1946 Sep.# ’ 80
85
89*
114*117*
114%
114%
87*
87*
....
05* 74*
D ebenture 5 s o f . 1884-1904 M - 8 100
N on-oa Inc B A col t r ..l9 4 6 ' ct.t
10B- '
107%
107*113:
71
7 0%
71
..
09%
Registered . . . .1884-190* M - 8 1 0 5 * . . . .
O sw ego A R om e. See N Y v
1 1 3 * 113:
113% Jan .’ 96
R eg deb 5s o f .. .1889-1904 M - 8 105
...
O O F A St P. See C A N
109% S ep.’97

...

M

O

.....

• N o p rice F rid ay;.th ese are latest bid and asked th is week,. t D u e J a a .

O U TS ID E S E C U R IT IE S
Bid.
T e le g . A: T e le p h .
Erie T eleg A T elep .—See B ost
42
Goid A S tock ....................... 117
90
89
H udson R iver T eleph on e
Internation O cea n ............ 115
M exican T elegraph........... 215
M exican T eleph on e— See Bost.
Mew Bug T elep—See Bost on list
N orthw estern Telegraph. 115
N Y A N J T e le p h o n e .. .. 175
5s 102 0.................... MAN 112
actflfl * A tla n tic.......
75

Ask.
List.
50

220
List.
180
115
80

# D u e J a i.

ilD u e J u u a .

§ D u e M ay.

7 D u e N ov.

a T h e se are o p t io n sales.

(G iven at foot of 7 consecutive pages).— T E L t & E L E C T R IC , <&(,

T e le g . A T e le p h .
Southern A A tla n tic .........
W e s t’n U n ion T e le g —N Y

A sk .
96
Stock B xoh

E le c t r ic C o m p a n ie s .
A llegh en y Co L ig h t C o .. . 160
175
Brush B lectrlo C o . . . . . . . .
48
48
Br’ dgprt (C t) El L t C o.25 t 41
45
C onsol E lectric Storage. ■
9
10
Eddy E lectric M fg C o..25 # 1 3 * 15
E dison El HI Co N Y —N Y Stock Bxoh
E d ison El HI Co Brk—N Y 8tock Bxch
E dison Ore M illing C o ....
5
8
Edison Rtorave O
o
.
25
30

E le c t r ic C o m p a n ie s
E ast E n d E le c tr ic L ig h t.
E le c tr o -P n e u m a tic ...........
F ort W a y n e E le c. C o . . 25
Series A .........
G eneral B le ctrlo C c—N Y
D o p r e f.—See B o s to n L
H a rtfo rd (C t) E l e c L t Co.
H a rtf’ d(C t) L tA P o w C o 2 5
M o E d ison B lectrlo.
D o preferred .........
Narragan. (P r o v )E lC o .5 0
N ew H a v (C t) E le c L t Co
R h o d e Island E ie c ProO o.

Bid. A sk .
5
4c.
Stock
1st.
130
t 5
25
06
tx 9 0
185
*1 1 8 %

A sk .
138
100
12
18
i 90* 97*
105
W o o n s o c k e t ( R P El C o.. 103

E l e c t r ic C o m p a n ie s .
T o r o n to (C an) E le c L t Co.
6% T h o m -H ou st W e ld in g Co.
8c. U nited E le c L t A P Co pref

E x ch
140
15
27
07
......
125

B id.
130

F e r r y C o m p a n ie s .
JW ooklyn F e rry-S to ck ..
47
46
B on d s 5 s ............................ $ 98
99
M etropolitan Ferry—5a.. 107
N J & N Y F erry—S to c k ..
t e t 5s 1 6 4 8 ...............JAJ i l 03
id s
§And Interest. t P r lce per sh are

THE CHRONICLE -B O N D

A ph. 8, 1899.
BONDS.
»* Y .8 T O O B L E X C H A N G E
W B K S EKDI2fQ A P S . 7 .

gi
a«

P r ie t
F r id a y ,
A p r. 7.
B id .

J -D

a.
a
M issouri.
Pae
Pa cc oCfoast Co—1st g 5Mo1040
Panam a i s t s f g 4 % s — i® 17 A - O

W ttk 't
R ange or
L a s t S a le .

R ange
s in c e
Jan . l.

I?

A t k . L o w . H ig h N o .
107*4 Mar*09

5

1 0 2 M .........
S f subsidy g 6 s ............,1 9 1 0 M-N
lie u
lie u
P en n Go g o l s t g 4% *...19*21 J - J
l t 3 u M a r*99
R eg istered................... 1921 J - J
103 Not *98
G td 3 4J*col tru st rag. 1937 M-S
P O C A St L co n gu g 4% s—
116 M ar *99
Senes A . ....................... 1940 A - O
Series B g u a r .. ...........1942 A - 0
l i e u M&r’ft'J
113 NOT* 98
Series C fp u u r ........... 1942 M-N
107 Dec *98
Series D 4s g o e r .........1945 M-N
105 U M ar *99
P itts Cin A 3 t L 1st 7s. 1900 P - A
109M Apr *97
R e g is te r e d ..... ............1 9 0 0 F - A
141
M ar‘ 09
Pitta F t W A C 1st 7 s. 1912 J - J
141 Not '08
2d 7 s .............................. 1912 J - J
138
3d 7 s ...............................1912 A-O*
C S t L A P 1s t c o n g 5s. 1932 A - O
112U A p r *97
R e g is t e r e d . . . . . . . . . . 1 9 3 2 A - O
107 M ay *99
C lev £ Pitta oon s f 7 s . 1900 M -N 197
G es ga g 4 % s s «r 's A .1 9 4 2 J - J 120
S en es B , . . . ............ 1942 A - O 120
100
®rte & Pitt gu * 8 % s B .i 940 J - J
100
S en es G......................... 1940 J - J
Gr HA I e x 1st g a g t % s . 1941 J - J
102 No t ’ 07
A iiegh Val gen g a g i s . 104* 71- a
N A C B d g e g e n g e g 4Ha. "4 5 j - j
108 M a y '97
P e o n HR 1st real ee g 4a 192 t U N
C on sterling g 5 « . .. .. .1 9 0 5 J - J
Con cu rren cy 6s r e g ...l9 o 5
C o n g 5 s ......... . . . . . . . . . 1 0 1 9 M-S
R eg istered ........... . . . . 1 9 1 9 1 0 - n
C o n g 4a.......................... 194 i H-.V
Cl A M ar 1st g a g 4% *, 1985 uW-N
n f l « P e b . ’ 9v
D N J R R k C a n g e o i s .1 944 7 1 -8
O E E R A Bge 1 s tgn 4s g. ’3d F - A
Bon A L ew is i s t g 4s .1936 J - J 109
P e n ss c o i* k A t. N<r«LANa«h
F eo D ec A 8 I s t g d s tr ree-'20! J - J
99H 101 M ar'99
■ riu is DIt l s t g * * t r r e c .4
2o M - 8
93u 0»u
SO D ee 99
2d g 5s tr rec 1st pd,. 1926 M - 14
F ee A Bast. 3*4 C C C k a t L
ISO May*06
P « o A Pek ( J n l s t g 6 s . .. 192i Q - F u a t
*d g 4 % «......... .. ,F e b .. 1 9 2 1 M -N • 90
90 8ep.*0>i
P in * Greek rear g e a r 6s . . 1932 J - D
187 Not *97
P itts Cl n A St L 3*4 Penn Co.
P C C A St L. 3*4 P enn Co.
i0 7 U O « L '9 H
>
Pitts C is t A T o t I g t g d s .. 1922 A <
P u ts A C on n ells t . 3*4 B A O.
P itts r t W A Ch. 3*4 P enn Co.
Pitts Jan e 1st g 6#...........1922 J - J
181 Nor*99
P itts A L Brie—2d g 5s .. 1 9 2 - A-OI
P lt t e M c K A t o — t s t g a d s /d * J - J
2d guar 4#........................1034 J - J
M cK ee A B V 1st g 6a. 1 9 18 J - J
p u t s P A F 1st K t o ....... 1016 J - J
90 O et/96
13 Jan. *99
P itts9 ft A L B 1st * 5 * .,1 9 4 . A - O
99 Jny*97
1 s t oonsol g old 5 s . . . , . 1943 J - J
P itts A W est I s t g 4 * ...1 9 1 7 J - J
09M •••*. 89% M ar-90
J P >1 A Co ca rtt* . . . . . . . .
99
®9iJ..... 90
PU U r A A s M S4 oon 5*1927. M -M
eading C o gen g 4s. ,1007 J - J " z t i i Sale
* ii" *89%]
R e g is te r e d . . . . . . . . . 1097 J - J
37U M ar*0T
B*Qss-e)»*>r A *ar, N«S U A I t
Rich A Dan. 5«#$Ottth Hr.
B io G r W est 1st * 4 s .. . 1930
97
97%
97 U Bal e
R io Or Jun e 1st g o c 5*. 1939
D *103 105
iO 2 u r e b .* 0 0
Rio Or Ho I s t g 3-4# - ...1 0 4 0 J - J
7 2% F eb *99
Bocft A Pitts. St* tt R A P.
R om e W at. A Og 3 « N Y Gem.
alt La k eC U t g s f 5s. *08-13 J - J
t J o AO I 1st * 2 2 -4 S ..I9 4 7 J - J
8t
81% 81%
8 i L A AT l i . 34* IU tools Cent,
i t L A Cel. 3*4 M ob A Ohio,
St L A Iron M ount, s** M P.
St L K C A N. 9*4 W abash,
f t U M Br. St* T It H A Of 0U ,
St L A H F 44 g S i Cl A ,. 1006 I f - I t *115
i f «r* 99
115
* d g o ld s * Class B ........1906 M- N i« U 5
115
M a r'00
■d g old 0e d e s s C ........ 1006 m- « •lie
115
M ar 00
l s t g S« P ierce C A O ..1 0 1 9 F - A
t t w e r a l gold S # .,..........1931
13
123 Sale 123
g e n e r a l g old 3*............. 1 9 3 ]
109% Bale 109U *O0H
1st tru st g old 5 s - . . . . . . 1087
105% Mar -00
►
103 104
P t S A V B B d f l s t g S s 1910
105 UCA*W7
K ansas M id 1st .0 U .. 193?
t t L A 8 V R K 0 4 s . . . 100 *
94 4*1# m
South w D ie l s t g 5 a .. 194
99%
9V U Sale
99%
8* L So. 844 lUiQ'M* OKU.
f t L 8 W 1si g 4* M o l l . 1U9V
93
91%
92U Bala
2d 0 i s Lao bon d c t fs 1090
64% gale
53%
57
St P aul C U f Cab. c 0 5«. 1037
109%
10*% M ar *0»
G uaranteed g old 5 s . .. 1047
BsPanl A D o lo t b 1st 5s. 1021
120
134
120 Feb M *
M
i d 5 « . .......................... •,.1917
110% 112% 113 M -irflll
1st Co g 4s----- . . . . . . . . 1969
90
101
• iP a a l M A M i d « • . . . . 190*
Ul
m
131
D akota e * t gold 0 s . . . . 1 9 1 G
124
12 4 W M ar’ 99
1st ootuioi gold a « . ., .. 1 9 2 3
140 Sola HO
140
R egistered ................1 0 3 3
157% F eb ’ 99
R ed uced t o g old 4% « 1 0 3 1
118% dele 113% U 9 %
R eg istered....... , ...1 9 8 2
106% Mar *9
sdlont B xt l « t g old 4*. ,19*7
107%
107% M ar'99
R eg is te re d ............. ...1 9 3 7
104 J a it '0 0
M inn Uafcra 1st g 6 * ... 1922
J93% Jan.*9H
M ont C 1st gn g
1937
134% M ar’ 99
Registered . . . . . . . . . , 1 9 3 7
115 Apr 97
1st gnar g o ld 5 s . ....1 9 3 7
117 119
115 Feb *99
Registered . . . . . . . . . . 1 9 37
S M 1st d ir 1* ig 5a ,. 190*
110
115 % M a r'9 9
R eg istered ...............1908
N or d ir 1 s t * 4a ........1948
R egistered— .........194*
W ill A 8 F l s t g 5 s . ...1 9 3 *
*1 8 Aug*98
R egistered ............... ..1 9 3 * ,
« t P A N or P ec. 3*4 N or P - I
8 t P A B ’ x O lt f .a w C S t P M A O
9 Pe Pres A P h 1st g 5s. l v 4 f M - S '100
. 96 M ar*99
I t A A A P. 3*4
Pan. Co. I
BtP I S P 1st i f g 5 s . . . 1919] J - J
J lOOU Oct-*97

R

108

U4U u e u

18

118 H 115U

ii4 u lie
n e ueu
105U 107%
138% 1 4 1*

99 101
93U 97

....
....

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

....
10

118
:

00

«8 S i

506 |"S5%
.... 9 7 «

113

00%
99*

90%
878

98
50 j 91
Il0 * s* 1 9 t «
73
uB j - a

....

S

---

•No p rice F n d a y : tateet. bid and e a se d this week .

Bid.
75
4 99
55
no
97
36
i 88
89
} 108%
45
*103
Intere

W

05

96

t o n e Ju ly.

7

-B id.
125

I D ae M areh.

1

W eek ’ s
R ange or
L a s t S a le .

R ange
s in c e
J a n . 1.

A s k . L o w . H ig h . N o
104% O oh ’ 97
...
112 M a r ’ 99

L o w .H v g h ,
113

1 25 %

* 1 0 6 % ........
114
113
Sale

81

Bale

105
118

Bale
........

100% Sate
108% Sale

107

106N

102% 1 06 %

107
110
104

Jan-*98
F e b ’ 99
104%

n o
1 10^
100% 1 0 4 *

112
112
8S
120%
1S9

lit
110
104

M a r ’ 09
M a r ’ 99
8S
F eh .’ 9s
Jan.

105 %

S4

107 113
112 118
8 7% *0
189** 189*

97 105
105 Mar’ 99
77% 80
80
0 2 % 124
116 D e o '03
108% Not ’ 97
102 105%
105
105%
109%114%
114% 114%
112 112
113 M ar’ 99
103% Not ’ 98
106 109
108% 108%
00 1 0 1
100 %
101
i 'l S ii
108
100%
107%

107% 107

Not ’ 98
108% 103
Mar *99
107% 107
Jan.*9w
100

107

108

113% A u g ’ 97
117
105%
117%
1 18 %
. . . . . . 124% 124
180%
132
1*3% . . .
124%
100
104%
112%
no
90
118%

103
117

117 U7%
104% 105%
114% 117''
115 118
124 124!

M a r ’ 99
I t 5%
117%
118%
M ar’99
M ar’ 9 9
124%
M a r’ 99
D e o ’ 98
112%
D ec ’ 98
F eb .’ OO
D ec *98

x2S

19
123
100

124%
100

110

112%

90** ‘ Vi**

111% D eo ’ 98
110
D e o ’ 98
108 O o t,’ 0 »

100
102% 100

113% Sale
53% Sale

100
U3

53 %

126
105
109

M a r ’ 0V
m
5 4%
M a r ’ 99
M a r ’ 00
D eo 08

88 %
88
100%
100 %

87 Sale
89
84
108
.....
98% 99

I mT
87
82%
83
104%
io * M
09
Mar’ 0 9

105

lO iid
106% ,878 1 0 2 % 1 0 6 %
104% 104%
104% F o b ’ ftv
67% 60
08
F o b .‘ 09
8 7% « 4
20
92
93

Sale

116
Sale
0 0% Sale
90% Safe

64
24

Sale
Sale

110
»»%
S3
100
112

93

67 % Sale

Sale

113

116%

91

9/

116%

100

88% 2231 "isii “ saw
t o « 3 >08
100 ■ 2
1 0U * 112H
M a r’ 99
108*
51
UH

111% M a r ’ 99
64
64%
24
24%

99

104
104
94
85

02
00

D eo *97

113
105%
104%
9 8%
92%

Jan.*99
M ar’ 99
D o o ’ 98
M a r’ 99
M a r'0 8

85K

84
06
6

U3

Its

104 108
98«

N o t ’ 97
318
69
Feb *99

»8«

58

70W

6

108

91% O ot-’ 98
117
118

13

110* 118X

95%

33

95* 97M

95

1 h soare optionsales.
To
paqe8).—F E R R Y < MTSOELL’S.
&

D ae Jaa.

consecutive

661

104% F e b .’ 9>

G A 9 A H LBC TB JC L IG H T BON DS.
[A tlanta G L Co 1st g 5s. 1947 J - D
j B os U Gas tr ctfs s fjg 5 * .. *39 J - J
Bklyn U Gas 1st C on g 5a..*45 7I-N 117
C ta G L A C C o. K «P G A C C 5 oi
i O olo m b o s Gas l s t g 5 s . . 1932 J - J
1 Oon G m Co, 8m P Q A C C o.
1
1 D etroit City G a s g 5 s .,..1 9 9 8 ! J - J
!

l i l M e l l a n p o i u . P ar. Bid. A sh . | l l l n c r l l n n c o H * . Par. Bid.
Am S oda F ou n—Corn. 100
6
4 i» e rlc a n A ir P o w e r o f
50
72
75
N T . , . . . ......... . . . . . . . 1 0 0
l*t preferred ......... too
31
12
2d p r e f e r r e d .... ...1 0 0
20
im e r ie ’ n A x e A T o o l .100
112
49
47
Amur Bank N ote O o ...5 0 t Ifl
A m er Sm elt A R efl’ g. 100
___ t1t[ A trerlean Beet Sugar, -.
37
87m
P referred ............ ...1 0 0
35
bo :
83
S u b scription *
1S«H
S3
P referred . . . . . . . . . . . .
37
98
Am er Steel A W ire— S*t S f e k
>7 *
A m O e r A F o u n d r y .........
91 ,!
Am erican S u re ty..........50 2 25
P referred
6 « X 08
no
50
Ana T y p e fo ’ rs—Stock. 100
S u b s c r ip t io n * .............
46
tm e rS e w in g M a c h in e ..5 t a
k m er. Caram el—C o m . ..
^4*5” “ BO*
29
Km er S traw board. , . . 100
P referred
100
Am er W rin ger c o m ... 100 106
106
Am er Pre«*A A moo' d ..1 0 0
i mflrlraw R orew . ...g fio * T . . .
P m f. . . . . . .
11/

..

P r ic e
F r id a y ,
A p r . 7.

S ar F A W 1st oo n g 6s. 1934 A - O
l s t g 5 s ............................. 1934 A - O
S cio to Val A N E. See N or A VY
Scab A R o a 1st 5 s ........... 1926
Sea A B B d g A Set B k lyn El.
Sod B ay A So 1st g 5 s . 1934 J - J
So Car A G a 1st g 5 s .. ..1 9 1 9 Ztt-N
S ou th ern P a cific C o G al H ar A S A l s t g 8 a 1910 F - A
2 d g 7 s . ......................... 1905 J - D
H e x A P a c d lv 1st k 5 s.*31 M -N
H o n s A T 0 1st W A N T a ’ 03 J - J
1st g 5s ln t g t d . . . . . . l 9 3 7 J - J
C on g 6s ln t g t d ........1012 A - O
G en g 4s lnt g t d . . . . . 1991 A - O
M o rga n ’s L a A T l s t g 6 s . *30 J - J
la t 7 s ............. .............. 1918 A - O
N V T A M e x g u l s t g 4s.* 12 A - O
Ore A Cal 1st gtd g 5s. 192 J - J
B A A A Pass 1st gu g 4s. *13 J - J
T e x A N O 1st 7 s _____ 1905 F - A
Sabine d i r 1st g 0 s .. 1912 M - S
C on g 5 « ........................1943 J - J
S o P o f A r g u l s t g fis.'09-lO J -J|
S P o f Cal l s t g 0 s .’ 05-12 A - O
1st c o n gu ar g 5 s . . 1937 M -N
S t a m p e d ,.... . 1905-37 M N
A A N W 1st g a g 5 e 1941 J - J
S P C oa st l t t g a g 4a . 1937 J - J
8 P a c o f N M ax l f t g O s . ' l l J - J
South R y —1st o o n g 5 s .. 1994 J - J
R e g is te r e d ................... 1994 J - J
M em JDlv l s t g 4 -4 U -5 e l9 9 0 J - J
R e g is t e r e d ..................1996 J - J
2 T e n re o r Hen 0 4-5*. 1038 M -8
R e g i s t e r e d .. . . . . . . . . 1 9 3 8 M -B
A la Con R l s t g 0 s . . . .1018 J - J
AU A Ch A ir L in e Ino. 1900 A - O
Col A G r e c u r 1st 5-ds. 1916 J - J
E T V a A G a 1st 7 a . . .1 9 0 0 J - J
D iv is io n a lg 5 s . . . . . . 1930 J - J
C o n 1st g 5 s ........ . .. .1 9 5 6 M -N
G a Pac Ry l s t g 6 s . . . . 1933 J - J
K n o x A O h io 1st k 8s .1925 J - J
R ich A D an oo n g 5« .1915 J - J
E q u ip * m x la n d g Sa 1900 M -N
Deb 5s stem p e d .. . . . 1027 A - O
V irgin ia M id gen 5 » . . . 1936 .11 -X
G td s t a m p e d . .. .. .. 1930 I I -N
W O A W 1st ey gu 4 a 1924 F - A
W w t N O 1st c o n g 0S.1914 J - J
B A N A la . 844 L A N.
Bpok FailsA N or l s t g 6 a 1939 J - J
3tat 1*1 R t 1st g a g 4U a 1943 J - D
ISunb A L e w —Km P en n R E .
8 / r a m a g A N Y . S44 D L A W .
P er A o f 8t L 1st g 4U «.*3 A - O
1st ocm gold 5A fs94 ~ 10 44 F - A
a t L M B «e T e r gn g 5a 1930 A - O
T e rre H a u te Elec R r g 0 s .’ 14 Q -J *
T e x A N O . See 80 Pan Co.
T e x A P Ry B d lT l s t g 0 a 1905 H - 8
ls tg o ld 5 s . . . . . .......,2 0 0 0 J - D
I 34 g o ld inn. 5a D e e .. .3 0 0 0 M ch.
T h ird A t 1st g o ld 3 # ....1 9 3 7 J - J
T o l A O C l s t g 5 s ........... 1935 | - J
J
W e s l'n d i r 1st g 3 s ....1 9 3 5 A - O
G eneral gold 5 s . . . -------1955 J - D
K an A M 1st g o g 4 * ...1 9 0 0 A - O
T o ! P e o A W ! s t g o ld 4e. 1 9 1 7 J - J
T B t L A K C l s t g I s Lr, 19 16 J - D
lster A Del 1st e g 5s. 1028 J - D

UaiOD K U t. 3»s BiCyn Kler

at foot of

A sk .
77
100

3-g

Un K3 (ChS3) 1st « 5 s . .. . 1945 A - (I
Ua P a c - R R A I w g 4t 1047 J - J
Registered................... * .1 9 4 " J - J
Un. P a e - T r C d c t fs g 4%*
M -N
114 115 | 0 P DAG 1 st 0 g 6t tr r c /3 9
114 115% C n lN J K R A C C o . 3** P a EH
Utah A N orth. 3*4 O re 8 L
114% 115
UUe* A Black R. 8*4 N Y Cent
132 134% V e r Vat le d A W . Sre Mo P.
107 109% ,i » irginia M id. H asB ontbR y.
100%
irgim a
10 2 % 10 5 %);
ab R R C o l s t g 6 * .. 19lfv 71-N
24 gold 5 s..............1989 ( F - A
D ebenture series A------1980 J - J
Series a ......................J089 J - J
*8%
I s t g S e D e t A O h B x t .. 1941 J - J
102
84 Unas Bridge 1st g 6s. 1 00 m A - O
419
S4% 93% W arren R R . St* Del L A W
W ash OA W . 8*4 South.,™
40% 57
004
108 108%; W e st N Y A P a —l s t g 5 s . 1937] J - J
O flB jr fU g .......................1948 A - O
i n d m e 5 s ....A p r il . 1948 No t .
120 129% I
115
W est No Car. 94* South Ry.
113
W estern Pac.
St* Cent Pac.
2
35 121
124% ' W Chlo St 40-yr 1 st cu r 5 s , * >i M -N
4 0 - y w o o n g 5 e . . . . . . . 1936 M -N
124% 125%;
130% 140
W e st Shore. S u N T Cent.
187% 137% W Ya A Pitt*. 844 B A O .
112% 118% W V a Cen t A P I s t g 6 s . 1911 J - J
W heelin g A L B 1st g 5*. 1938 A - O
i o i % io7%|
T r u s t e e ce rtifica te s ............
W h eel D ir 1st gold 5s. 1028 J - J
104 104
B x ten A Im p g o ld 5 s . . 1980 F - A
134% 134%; W ilkes A Bast- 9*4 S Y H k W
W I1A 810 a x F. 9*4 8 t P M A M
i i a i i i V s " W in on a A 8 t P. 9** C A N W
W lsC e n tC o I s t t r g f i * ..1 9 8 7 J - J
K ngrarod tru st certificate*.
111% 118%
In co m e 5 a . . . . . . . . . . . . , 1 9 8 7 A - o i

t D ue J a n a

O UTSIDE S E C U R ITIE S (Git b s
F e r r y C I e m g u n le e .
N 7 A H R fw iy H fto e i.
Rond* S« o f 1 9 3 3 .MAN
S o A o t e n —8to<!k . . .
1st 5 e . . ........ ........
Con. 5s
...................
N T A S B Trans A Fwiry
B eads 5* Of I 9 6 0 MAN
l o t h A 82M g t t F erry .......
1st toert 5e 1 9 1 9 ...JA D
vn ion F e r r r —S to ck .........
IS td s I920.
. , . MAN
I Buyer pays accrued
___ ♦*•*<«*« »<«r « h » r a

(5 p
ages) P e 4.
ag

BONDS.
N .Y . S T O C K E X C H A N G E
W b b k E n d in g A p h . 7

L o w . H ig h

102H .......

PRICES

1 dag

Ask.
10
50
20
50
fc8%
m w
Er I t
235
52

......

30
107

N ot .

l l l i o e i l n n e o i i N . P<tr.
a m e r G ra p d o p n o u e .. . . 10
P r e fe r r e d .................... 10
A nderson (J o h n ) T ob .100
A u tom atic V e n d in g ... 10
Hay S tate G a s ......... .........
cfarneyASm Car-O om . 100
P r e fe r r e d .................1 0 0
6* 1 9 4 2 .................... .JAJ
Bergn A Ting B r—See Phi
1st 0 8 . . . . . . . . .........
Blackwell » Durh T o b .2 5
B1l«a C om pany—C o m ..60
P r e f e r r e d .................... 50

Bid.
t 13X
t 13%
11
t 2%
3
98

82

Ask
18 %;
1
18
4
3%
27
85
108

103
1.11st,
108
107
20
1 18
1 07
66
t A0% *8

THE

m2

CHH0N1CLEBOND

P rice
F r id a y ,
A p r i l 7.

BONDS.
H . Y . BTOCK E X C H A N G E
W e e k E n d in g A p e . 7.

W t e k 'i
R ange or
L a s t S a le.

- B id .
A ik
l ....................
3 110% Sale
l i t con g 5s..................... 1995 J
■ 1 HI U1 B 'klyn l . t g 5 ..1 9 4 0 ‘
R eg istered................................
■ : Gee L N T 1st con g 5s. . ‘32
| iS tF u e l. S « P Q 4 C C o .
S e n E lec Co deb g 5 s . .. 1923
Or R a p G L C o l s t g 5 s . .1915
K o Ml) Gas C o 1st g 6s. 1922
ItSO G as-L C o o f 8 t l il s t g 5 s ’ 19
Small b o n d s ......... . . . .. 1 9 1 9
M nt Fuel Gas Co See P oopG as
P s o G a s 4 0 1 s tg u g 8 s . . 1904
2d gtd g 8 s . ................... 1904
1st oonsol g 8s................1943
a e tu n d ln g g 5s............1 9 4 7 M R eg istered ...................1947
O h Q -L * Cko 1st gu g 5s’ 37
O o n G C o 0 fO h lB tg u g 5 s*8 8
Hq G A F Ch ls tg u g 0 s .'O 5 L - _
M n Fuel Gas 1st gu g 5.1947 M - N
W w t n G a l Co c o l tr g 5 s...’ 33

M O * Sale

B

116*

108*

100

8

109

L 1 6*

111 N o v ’ 97
.. ................ 107% F eb *99
127*
127* ” 2
*123 127
100 D e c ’ 96

107* 107*
124
127*

*112 113
•no
••05 108
*......... 1 0 7 *

113
no
100
100*
101

109%
M ar’99
” *3 1 0 7 *
110
106
F e b ’ 90
105
M ar'00
M a r ’ 98

US
110
100
107

* 00*

92

30*

93*

89

35%

92*

*.........

00

88*

89*

31

84*

92*

1 0 9 * F e b ’ 07
1 0 0 * M ar’ 99

100

BONDS.
N. T . STOCK E X C H A N G E
W e e k E n d in g A p r . 7.

• 88*

18

20

90*

2 0 * 122
1 7 * 23%
110 J a n .’ 99
110
HO
9 5 * J a n .’ 97
A u g ’ 97

00
70

J a n .’ 99 . . . .
A p r ’ 97

107
80
01
102

M ay’ 97
M ay’ 97
M a r’ 09 . . . .
J ’ l y ’ 97

F e b ’ 97

90
30

33*

L o w H ig h

32
221

84*
23*

90%
35

. 107% 1 0 7 *
Sale 110

107*
110%

101% 110*
101
111*

104%
119*

106
119*

167
90 100
7 116% 1 1 9 *

, 105

103
105

•105
’ 105
■105
■105

N o v ’ 08
M a r ’ 98
112*115*

S. G O V . SE C U R IT IE S. (For daily record see seventh pa
9 0 * .......... 99 F e b .’ 99
2a re g is t e r e d ... .Optional Q -M
107*
1 0 7 * Sale 1 0 7 *
3 a r e g is te re d ...........1 9 1
1 0 8 * Sale 1 0 7 *
108*
3a o o u p o n
......... 191
1 1 2 * M a r’ 99
48 r e g i s t e r e d . .. . .. .. 1907 Q -J t 1 1 2 * 113
113
Sale 113
Q -J t 118
1 2 8 % M a r ’ 99
U S 4a re g iste r e d ...........1 9 2 5 Q - F 129% 130
129%
Q - F 129% 1 3 0 * 1 20 %
U 8 5 b r e g iste re d ............. 1904 Q - F 118 113% 112 M a r ’ 99
118*
Q - F 113 113% 1 1 3 *

receding.')
90
90%
100* 108*
100% 1 0 8 *

112

U.
U 8
U S
U8
U 8

112

111

112 %

112%
128
128
111%
111%

114
129
129%

110

112*

112
113*

100*

19%

LU

M

80

H ig h . N o .

101
90 Sale
30% Sale

R ange
s in c e
J a n . 1.

1 1 5 * M a r’ 99
112 M a r ’ 99

STATE
103 N o v ’ 98
89
80* 87*
*48
103% N o v ’ 98
104 F e b .’ 98

A sk . Low .

B id .
PI V a lle y Coal la t g 0a. .1920 M -N
P ro cte r A G am b la t g 0a. . ’ 40 J - J
8 t L T e r Cupplea 8tatlon &
-D
P rop C o l s t g 4% s 5-20 yr’ 17
S Y u ba W a t C o c o n g 0a. . ’ 23
- J
Sp Val W a t W ork s la t 0 a .’ 00i M - S
Stan R o p e A T la t g 0 a .. 1940l F - A
In co m e g 5a.....................1940
S u n C k Coal la t g a t 08..1912 J - D
T e n n C o a lT D iv l a t g 08.1917 A-O I
Blrm D lv la t c o n 0 b . .. 1917 J - J
Cah C M Co 1st gu g 0 b..’ 22 J - D
D e Bar C A I C o g u g 0 a .’ 10 F - A
U S L ea th Co a f deb g 0 s . ’ 18 M -N
V t M arble la t a f 5a........1910 J - D
W e s t U nion deb 7a. .1875-00 M -N
R eg istered........... 1875-1900 M -N
D e ben tu re 7 a .. . 1884-1900 M -N
R eg istered........1884-1900 M -N
2
/-.1
- noo*'!
1
T
Col tru st cu r 5a............ 1988 J - J
M ut U n T e l a f ’d 0 a ...1 9 1 1 M -N
N orth w estern T e l 7 a .. . . ’ 04 J - J
W h L E & P C C o la t g 5a.’ 19 J - J

[Vol. LXV III.
W e e k 's
R ange or
L a $ t S a le.

P r ic e
F r id a y ,
A p r i l 7.

5 -g

I f

K

1 0 4 * 106%
100 108%

1 0 5 * . . . . . . 105% M ar’ 99
* 1 0 0 % ......... 107 M a r ’ 09

1

O U TS ID E

115*

L o w H ig h
05
05
110 1 1 2 *
120*123

100% 100%

D

.....................
90
99

98* id i

S E C U R IT IE S .

J -J

S m all...............................
Class B 5a.......................1900
Class C 4s........................1900
C urrency fu n d in g 4a...1920

110
110
100
100
117
100%

112
105
108
104

.
.
.

.

118
N o v ’ 98
109%
1 0 9 * F e b .’ Oy

104

104

130 .
104* .

1 2 8 " F e b .’ 98

Sm all.,
J
J
Sm all.,
J
O
.1919
■J
1
J
Sm all.,
J
J
J -J
R e g is t e r e d ..........................
0 b d e fe rre d c e r t f s ...........
T ru st re c e ip ts stam ped.

M a r ’ 99
A u g ’ 08
8 e p .’ 98
N o v ’ 98

90
34*

108% 100%
109* 109*

N o v ’ 98

90*
95
82*

97*
97*
95
F eb ’ 99
34*
84%
9

98
95
87

M a r ’ 99

U N L IS T E D BO N DS.
105

......... 103

1 0 0 * 103
75

..........

S EC U R ITIES

B t U c e l l a n e o u i . P a r. Bid.
B on d A M ort G u a r ...io u i 225
Carter-Crum e—P ref. .100!! **
55
C ellu loid Co................... 100 ! 85
Cen t A m erica T r ’nslt.lOO
*
Cent F irew ’ rka—C om .100
6
45
P r e fe r r e d . ................100
35
C hateaugay O reA Ir 0a ’ 15
Chea A O G rain El—I n c . . i 10
05
i s ..........................................
C heaebrough M fg Co. 100 325
Claflln (H B )-la t p r e f.lO Q i 100
98
2 d p re fe rr e d ..............100
C om m on— See Stock Ex hat.
75
Clark M ile End T h r’ d.100
Oolllna C o .......................100 119
Col H * A T ol (w h la s )... j 2 2 *
1 58
B on d s 4 * (w h en laa’ d ). 101
4S*
Conaolld Car H eating. 100
5
Conaol Flrew ’ ka-Com .100
P r e fe r r e d .................. 100
50
Con K an C Sm elt A R ef.2 g 1 3 7 *
Conaol R ollin g S tock. 100! 31
f o n t . T ob ac. Co—See Stoc k E x.
76
Cram ps’ 8h A Bn Bldg. 100
| 130%
'l list.
130
Bnaley L a n d ........................
Eppena Sm A W ie tn ..l0 0 .........
K astm an K odak C o ...100 100
t 37*
i 250
1207
G erm an Am Real Eat. 100 , 38
G ood yea r S hoe M a c h in e .. X 4 9 *
G orham M fg C o-C om .100 .........
P r e fe r r e d ................... 100 114
G reat F&lla Ic e ............. 100 148
H a rtford Carpet. C o .. 1 OOj 05
42
H avan a Com m ercial
74
P r e fe r r e d ...........
45
H eck-Jonos-J M lll-P f.1 0 0
92
la t 6s 1 9 2 2 ..............M A8
H e r ’ g-H all-M ar(asst p’ d).
8
12
P referred (asat p ’d ) 100
110
H ob ok en Land A lm p ’ t
5 a ................................... . 105
International K levat.100, 75
International N a v lg .,1 0 0 ! 102
In tern al. Paper —See St’ k Exch
112*
Internation al Pum p subs. ! ..........
In ternal Silver—See Stk. I Exoh.
.......
Do
do
prof.
Do
d o bonds. 1.........
Iron S team boat.......... 109 .........
0a 19 0 1 ...................... JAJ
Joh n B Stetson—C om .100 | 75
P r e fe r r e d ......... . . . . . 1 0 0
no
J ou rn ea y A Burnham . 100
8
P r e fe r r e d ................... 100 1 20
K en ty DHtilrs A W arehse
■36*
08
P referred ........................
K n lck erb ’ r Ic e(C b lo)-S ee |St Ex
K n lc k e r b Ic e —B onds 5a.. : 97
L a w yers’ 8 u rety ......... 100 100
L a w yers’ T itle I n a . .. .l 0 0 1 145

L o w . H ig h N o
95 M a r ’ 9 . . .
110%
UOh
i
122*
123
113% J ’ n e ’9 '

R ange
s in c e
J a n . 1.

22

♦......... 110

£1

M IB C E LL A N E O U 8 BON D8.
A dam s B x—Col t r g 4 b. 1048
A m C ot Oil deb g 8a. ..1 0 0 0
▲m Dk A Im p 5s. See Cen N J
A m Spirits M fg la t g 08.1915
ar Jt B Car Co l a t g 08.1942
k ’ n W A W II l s t g 58.1045
/^ a h Coal Min. See T C I A R.
v^ hlo Jo A 8 tY d c ol g 58.1015
N on-cum . Incom es 5s. 1907
O learf Bit Coal. S m N Y C A H
Ool C & I 1st con g 5 a .. .10 0 0
Ool C A I D ev Co gu g 5a.. 1000
C oupon o ff............................. .
Col Fuel Co gen g old 08.1919
Col F A I Co gen 8 f g St. 194."
Com Cable Co 1st g 4s.. .389'
R eg istered ....... « •••••jj®®!
e Bardel C A I . See T C A L
el A H Can. S esR R bonds
I>«t MAM Id gr 3% s 8 A .1011
B rie T A T c ol tr g s f 5 s ... 1920
G r R lv Coal A C la t g 0a. 1919
H ack W a t R eor la t g 5a. 1920
H e n d B C o l a t B f g 0 a . . . 1931
H ob ok en L A I g 5a........1910
1 Steel Co deb 5 s........1910
1
N on -con v deben 5a ... 1913
ir o n Steam boat Co 0 a .. .190 h
J eff A Clear C A l l s t g 5s 192(1
8d g 5a...............................1920
K nlck Ic e (C bic) l a t g 5 s .l9 2 8
ad 8q G ard’ n l s t g 5a,1019
e t T A T la t a f g5a. 1918
R e g is te r e d ......................1918
M ich Pen Car C o la t g 5 s .’ 42
M nt U n Tel Co. See W n U n .
X T a t Starch M fg C ola tg 0 a ’ 2O
l i w pt News SAD D 5 s .l9 9 0
N Y A N J T el gen g 5 a c y . ’ 20
X Y A O n tL an d l s t g 08.1910
N o W eatn T eleg. Sea W est. Un.1
«*eorla W at Co g 0a. .1889-19

| i

PRICES (5 pages) P a g e 5.

Aak
75
95
1
10
50
45
17*
75
340
102*
76*
25
59
102
50

20
list.
80
'•40*

110

20c.
80

no

88*
210
50
100
120
160
42*
74*
55
95
0
20
80
105
list..
113*
IPO
list.
79
’ 05
10
00
115
27
09
List.
110
155

LOO*

F eb ’ 99
100*

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

(G iven

103

04
04

103

Itch J Co A W e s t 0s tr ctfa .
I J A O pr lien 3 * s ( w i ) . 1925
1 1 0 0 * 104
la t m o r t4 a (w h en iss). 1948
!e n .P a c.M .3 % s (w h en iss’"
l a t m t g (w h en issu ed)...
.................... c
jI
........ . . . .
3

A T FOOT OF

M ln c e l l a n e o n w . Par. Bid
L iberty SUE M ills....... 100
00
P r e fe r re d ................... 100
85
Lorillard ( P ) —P r e f .. .100 120
M adison 8q G— Stock.100
2d 0a 1 9 1 9 ............. MAN
25
M aine S S..........................50 t 20
M erch A M iners’ 8 8 ....5 0 t 60
M ech’ nlo&l R u b -C om . 100
85
P r e fe r r e d ................... 100
80
M eriden B ritannia C o ..25
M ich-P en Car—C o m .. 100
45
95
la t 5a 1 9 4 2 ............. M AS 100
M inneapolis Brew le t 7a. 105
M oaler S a f e C o ........... 100
M onongah ela W a t e r ...25 t 3 7 *
N at B iscuit—See Stook E x List.
N ational Casket C o .. .100
45
N ational Saw—P r e f. .100
N ational B a lt.........
44
P r e fe r re d . ..........
71
N ational S u re ty......... 100 150
N ational W all P aper. 100
02
N Y L o a n A I m p . . . . ..1 0 0
50
N Y B iscuit 0a 1911
114
New Je r Z in c A I r o n .. 100 105
N Y A ir Brake—See N Y S tock ffi
N. Y. El V eh . T ran sp .10 0
10
NicholBon File C o......... 50 t 25
N icaragua C on struct. 100
O tis E leva tor—Com
80
P r e fe r r e d ....... .
90
t 22
Pegam oid, p r e f ...........100
85
300
t.
t 5
t 60
4
4*
P r e f e r r e d .........
38
P ressed Steel Car.
55
P r e fe r r e d ............. .
81
84C
P referred ................. 100 190

7

Ask
75
100
122
5
35
45
55
90
.. •
107
100
39
25
44*
72*
70
117
xch .
10
86*
91
55
6
70*
4*
8
43 *
57
85
375
200

s i”
R o y Bak P ow p f
91*
Ru bber G oods M fg
32* 83*
P referred.............. ............
75
78
R ussell A Erw in............. 25 t 65
S afety Car H eat A L t.100 145
150
Schw arzchild A Sulzb.100
40
45
8em et>8olvay deb 5a
101
1 O8
Sim m ons H ’rdw -C om .100 140
145
P r e fe r re d ....................100 125
130
Singer M fg C o ..............100 440
.80
Standard O il..................100 4 7 4 * 170
Stan.D ist. A Dts.—See Sto ck Ex. (.1st.
Stand U nd’ rg’ d Cable. 100
400
S lo s s IA S ls tO s 1917. FA A 103
Southern C otton O il.. .50 t 51
Stat Ial R T la t 0a’ 13 A AO 107
2d 5a 1026............... J i J
90
StiLlw-Bierce A Sm -V .100
06
98
S w ift A C o . . ..................100 100
02
1st 0a................................. 110 8* 1 10
Suaq Coal 6a 19 1 1 ___ JAJ 117

98% Sale
1 0 0 * Sale
85% Sale

A a».
T erm W areh —S tock .. 100
n r
1st 0 s ...........................
70
D ebenture 0a............... .
70
T exa s A P a cific C oal. 100
03
00
la t 0a 1 9 0 8 ............. A A Q $ 1 0 7 *
T itle G u ar A T ru st ..1 0 0 825
340 ’
T re n to n P o t t —C om . .1 0 0
14
7
P r e fe r r e d ....................100
00
T row D ire cto ry -N e w . 100
55
46
U n ion Sw itch A S ignal.50
43%
P r e f e r r e d ..................... 50
04
U nion T yp ew r—C o m .1 0 0
20
Aak.

87*

10 0 4

-B A N K S & MISGELL’ S.

M isce lla n e o u s. P a r.

B id.

8 ._
87*

100 *

13
ISO
80
4
228
700

85*
87
5 7 % O ct.’ 98
85
87
8 0 * Sale
80*
80%1 200
I B o n d s d u e January. a T h e s e a re o p tio n sale#

C O N SE C U TIV E P A G E S ).-

B an k s.

04
M a r’ 99
t

B anks.

M is c e lla n e o u s . P a r.
U n ion T o b a c c o subs ..
U n T y p e w — la t p r e f ..100
2d p r e fe rr e d .............. 100
U n ite d S hoe M ach.-See B
U S G lass—C o m m o n .. 100
P r e fe r r e d ......... . . . . . 1 0 0
U S P r o je c tile C o ........100
W a gn er P a la ce C a r... 100
W estin g h A ir B r a k e ...50
W lllim a n tic L in e n Co. .2 5
W o r th ’ t ’ n P ’ m p-C om .1 00
P r e fe r r e d ..................1 0 0
B id.

B id.
139*
100
110
oat. Li
29
80
90
180
1230
t 25
50
112

146
108
118
st.
80
85
10C
158
237
55
116

A sk .

B r o k e r Q u ota ti
Brokers' Qu ota ti 8ns.
Brokers' Qu o ta ti ons.
N. Y. C IT Y .
M ech an ics*.. 195
M erch E x cn . 120
A m e r ic a * . . . . $400
200 ”
M ech A Tra*. 250
M erch ants’ .. $105
A m E x c h ___ 175
N a s s a u ......... 280
A a t o r ............ 400
345
300
N at C ity ....... 830
M t M o rris* .. 250
B o w e ry *........ $300
175
N orth Side*. 160
M u tu al*........
195
B road w ay___ 235
150*
P e o p le ’ s* ... 190
150
B u tch ’sA D r.. 05
S cherm ’r h ’ n* 140
N ew Am 8t.*.. 350
115
C entral ...
180
185
17th W ard*. 105
N e w Y o rk Co. 1450
C h a s e ....... .
Sprague ........ 200
N Y N at E x .. 100
146
C hatham . . . . $322
20th W ard*.. 140
N ew Y o r k .... 2 4 6 *
$
C hem ical..
4100
19th W ard*..
. . . . . U nion*........... 115
140
C itizen s’ . .
1*15*
W a lla b o u t* .. 105
N in th ............. i'o o
C i t y ..........
1056
T r u s t C os.
N orth A m er. 17C
200
N. Y . C IT Y .
Colonial* .
Oriental* . . . . 200
A m D ep A L.
C o lu m b ia * ... 150
215
C om m erce
A tla n tic T r . . $ 2 00
P a rk ......... .
$515 519
Central T r ’st. 2000
C o n tin e n ta l. 130
P e o p le s’ * . . . . 200
C orn E x c h * .. $332
C ity T ru st
115
400
C o lo n ia l...
E a st R iv e r .. 135
400
11th W ard*.
C o n solidat’d.
120
F ifth A v e *
3210
C on tinental . 280
185
R e p u b lic ___ 175
Farm L n A T r 1375 U lO *
F i f t h ...........
F ir s t...........
F ifth A v e T r 350
225
F irst (S t Ial)
G uaranty T r $001
000
K n ick ’r b ’c k ’ r 340
14th 8treet*
S even th ......... 140
F o u rth . . . . . . $182
M a n h a tta n .. 800
$102
F ra n k lin .......
M erca n tile .. 600
M etrop olitan 340
G allatin ..
1 State o f N Y* 115
N Y L I A Tr
G anaevoort*.
1100
G a r fie ld ..,
N Y Sec A T r 4 5 0 ”
N orth A m er.
G erm an Am * 115
310
P ro d u ce E x . 250
G erm an E x*.
U nion S q*.... 185
Germ ania*.
Real E s t T r ’t 250
240
G reen w ich *.. 105
205
StandardT r’t 225
$
H a m ilto n * .. 110
Y o r k v ille * ..
. . . . . . State T r u s t .. 3 7 2 *
U nion T rust. 1325
H a n o ve r....... $075
400
H id e A L ’ ath $118
U S M tg A Tr.
B R ’ KLYN.
B e d fo r d * ___ 215
U nit. States.. 1450 1550
H om e *...........
310
W ash in gton . 300
Im p A T ra d . $549
200
B r o a d w a y * .. 190
170
I r v in g ........... 160
b r TT l y n .
B rooklyn* ... 125
130
B rooklvn Tr. 400
8th W a r d * ...
95
L ea th er M fr . 200
F ran klin . . . . 280
L ib e rty ......... 800
5th A v e * .. .. 104
107
400
L in c o ln .. . . . . $860
H a m ilt o n .... 295
F u lt o n * ....,. 180
K in gs C o....... S10
200
M an h a ttan *. 2 2 0
►
Ger A m e r * .. 90
100
L Isi L A T r. 250
M arket A Ful $380
H a m ilto n * ... 105
M echanics’ . . 2 0 2 *
M anufacture. 240
N a s s a u ..........172
K ings C o * .... 100
110
Mech A Tra*
P e o p le ’ s ........ |25G
M au u fact’re. 200
M ercantile .. 1 3 9 *
* Banks m arked w ith a asterisk (*) are State banks.
t P ric e per share.
i P u rch a ser also pays a ccru ed Interest.
$ Sale a t S to ck E x ch a n g e o r at a u ctio n this w eek.

.....

.....

THE

A pril S. tsy9,J

C H R O N IC L E

66 3

B oston , PhiladaloM a and B altim ore S to c k E x ch a n g es—A Daily and Y early R e co rd .
sh are
S a tu r d a y .
A p r i l 1-

952
100
*334
175
•L78 175
144* 1*5* l i t
148
•148*4 149
129H
•139 132

•*250 253
9 9 * 100

•38* ' 3 7 *
• i8
48*
60
80
120
130
..........
27*
8

38*

0

53*
•53
• 7 9 * 80
202 303
67*
•<#6-*
11*
82*
18
43*
81*
39

67*
87
12
33
18
48*
81*
-*0H

37
48*
59*
120
•34
9i
26*
9
•91
52*
•79
203
87
97*
u *
32*
18
4 -*
8074
«j ,
21*

94

94

94

36 8
16^*
117)4
350
66*
775
24

369
17l*
118
350
30*
778
24*

58
160

80*
167

365
171
117*
365
83
780
24*
70
80*
161
162
04*
71*
33
45
24*
146
49*
HH
181
59
44
1*
49*

•
60
33*
•45
94*

95
78*
93

P r ic e s —N ot P e r C e n tu m

M onday,
A p r U 3.

W ed n esd ay
A p r i l 5.

T u esd a y,
A p ril 4.

P r ic e s .

A p ril 6

v ........ 9 5 2 * 259
352*
2 5 2 * 253
100
99* 99*
100
100
......... '335
2 3 5 * 2 3 5 * •335
1 7 5 * 178
'1 7 5 *
175
175
173
145*
H 5 * 1 4 3 * 1 4 5 * 1 4 1 * 1 4 8 * 143
•148
!4 0
148
148*
140
130
13U
130
1 2 9 * 1 2 0 * 1 2 0 * 130
188
38* 37"
36*
3 7 " S ?”
37
48
48
48
48
48
48*
41*
39* 50*
50
59
*......... 120
118
118
120
120
120
•34
38
*3 i
33
37
93
9 1 * •99
*60
84
*80
84
2 6 * 29
28 H » 6M
2 7 * 23 H
24*
10* 11*
42*
U H 15*
t i
!
V i *
V I * •01
94
9 1*4 0 1 4
03
52
53
53
53*
3 5 2
54*
70
70
*784 7 84
7 2 * • 7 i* 7 a *
204 20-4
80S 204
2J3
203 203

253
100

9
3

4
U7* 1 8
188
a**
59*

850
93
'234
•175
1394
148.4
'1 3 9
384
47
594
L13
•35

9 ** 0 *
4 3

67
87
67*
#7 *
97
07
97
07 4
12
1 3 * 12 t -18
H *
34*
J 4 * 34 13-18 3 »
1H * i i *
18*
H *
48
46*
40
7 9 * 81
30
6 '*
14* 43*
42*
2S
23
2 4*
*t)S
94

94

94

v i> i

356 383
363
166
174*
177
116*
1 1 7 * 117
370
370
875
.87
89
83
010 650
895
24* 24*
24*
70
70*
70*
58
61
83
163* 167* 176*
162
167
173
03* 9 4
01*
7 4*
••4
•14
id * 3 i*
< J*
1
4 4 * 45
45
2 3 i i ST
25*
•......... I 4 7
140
47
*»->* *7i*
2 6 * 20
00
U 7 * » « M ‘ J ;*
53
55
5!
45
48
43*
♦ IH
I Vi
T*
40
40*4
40*

35
•
149
4 5 * 47
28* nv.
1 5 9 * 16
51* 5i
41
43
•1*
l*
40
40
♦ a t * .........
• Bid and asked prtoes

| ( A C T IV E S T O C K S ;
R A lL R O A D3-— P r i c e s
A t T o p A S F e -. (B oat) 100
A&l A Charlottes B ait) 100
Bos A M aine pf.l BostilQC
B oston A P r o r . ** 100
C a rw isse 1st p f ( P M i) 50
Central M a ss... (B os t) 100
P re f..................... “ 100
C entral O h io . . . I B alt) 50
C h it A W M ich -1 Boat >100
C tt'rS t o f l a d s ! ( P h il) 100
Goan A Passu m l Boat) 100
C oon
** 100
C o n s o lT r P u t s !(P h il) 50
P ref 7 - .- .
**
50
m a f A Fere M. ( B e e t ) ! 00
P r e f. .................
** 100
Qhrmant'n Pass (P h il) 50
H ecton v M A T
"
50
P r e f ... . . . . . . .
50
B a n t A Broad T
“
50
P r e f ......... ..
M
50
K C F t 8 A M -.(B o s t)1 0 0
P r e f ............. »♦ ”
100
Little S c h o r l* . (PhU ) 80
Maine C en tral.(B osiU Q O
M inenill A B B . (Phti > 50
tReequehon’ c V. 4
4
50
New E n g la n d .,( B eet) 100
P r e f ...................
’ * 100
fforth P e n n ....iP h U ) 50
Phil A Brie, . . . 4
4
30
Phil Germ A » .
**
50
Batted N J ........ “
100
United T r o f p . •
*
50
P r e f .............„
•
*
50
W sst ®nd p r e f.(B o « i) 50
W est Jer A 8 B lP b U ) 50
W e stN V A P a 4
4
50
W U con Central ( Boat) 100
P r e f. . . . . . . . . .
M 100
W or Nash A R , u
100
M ISC E LL A N E O U S.
A B oue* M ining! Boat) 85
A m By El L i - ! . ( P h i l ) . . . .
A rn old M Loing. ( B oa t) 25
A sh Bed M in 'd. “
25
A tla n tic MLn'g. 4
4
23
B altic M ining
4
4
85
Bay State G asT .(B cst) SO
Berg A Bn* ttr'w (P h ii) 100
P r e f , , ............. “
100
B oston W a e L M Boat) 100
B o s V m la id .,.
“
10
OMmhrla I r o n ..( P h il) 50
O enton C o ......( B a l t ) 100
Cents*} M ining.* Boat) 25
D aylight P * ls a .(P h fi) 50
Dora la Q oet p f. (B e s t) 100
E dison m ffl.
"
100
E lse Co o f A m ! (P h il) 50
S leet V e h ic le !
** 100
E leetrm Com 17 ”
50
Fran Win M in’g f B eet) 23
Owner* E lect-100
P r e f .........
'•
1O0
O e o E l A n to-M 7(P h il) 50
In* But H A 3 M (B oat) 10
b l e B o y a l* ! ..,, "
85
M anutao p r e f! iP h il) 100
M ergenth a f * r B o a t ) 100
M e * T elep h on e
H
S o A a i O b t a d g **
10

67*
8844 8 7 4
07
97
97
3-16 I I * 18 1-18
13*
18*
17 13-18
81
i3 .
3‘H

20

71
44
15
HHI
250
82*
63
95
43
Ut
75*

IM
53
37
100

103
140*
267
n
50*
113
' «*
9
**
130
9*
” ®k
1*
33
S3

170
5
45
85*
45
37
80 r *
88*
145
*

114
151
15
8*
67
138
974
30

4044

21

*91

•62

1 1k

*01

1 Indicates unlisted.
1

R a ilr o a d S to c k s .
91 3 45 Mar. 7 358 Jan. 18
B oston A A lb a n y .........
( B o s t o n ) ... .1 0 0
.100
1,984 8 0 * Jan. 4 1 0 4 * M ar. 27
B oston E le v a te d ..........................
“
6 337 Jan. 9 2 3 5 * A p r. 4
.100
B oston A L o w e ll.. . . . . . . . . . . .
“
67 170 Jan. 4 170 A p r. 5
.100
“
B oston A M a in e .........................
. 1 0 0 33,174 1 3 1 * Jan. 4 1 4 9 * F eb . 18
Chic. B arL A Q u in cy ...................
“
532 1 3 9 * Jan. 3 150
,100
M ar. 20
Chic. Jun e. A u n . S to ck Y d s.
“
229 124 Jan. 12 ISO M ar. 11
.100
P re fe rre d ....................................
'*
800 1 2 0 * Jan. 3 1 3 1 * Feb. IS
Chic. M ilw aukee A St. P a u l. (P hlla.* . .. . 1 0 0
1,165 2 0 * Jan.
. 50
“
8 6 * Ch octaw O klahom a A G u l f . .
3 7 * M ar. 28
474
819 4 3 * J an.
. 50
P re fe rre d ..................................
“
4 8 * Mar. 29
.1 0 0
5 0 4 Coaaol. T r a c tio n o f N .J .T ...
5 7 * Jan.
'*
6 1 * Jan . 12
no
107 Jan.
Fitchburg, p r o f........... . . . . . . . (B o s t o n ) ... .100
122 Mar. 22
40
35 M ar. 22 38 F eb . 1
Ga. Southern A F lorid a.........(B a lt.) . .. . 1 0 0
153 92 A p r. « 9 5 * Jan. 23
.1 0 0
1st p r e f e r r e d . . . . . . . . . . . . . . .
“
.100
65
63 Jan. II 70 Jan. 27
2d p r e fe rr e d ............. “
8,0 6 4 3 3 * Jam 10 30 M ar. 9
Lehigh V a lle y ................
(P h lla .) . ,, . 30
14
5 * Jan.
7 , 5 * A p r. 5
Mexlca n C en traL ....................( ‘B o s to n ) . . . . 1 0 0 83,743
93
18 90 Jan. 31 95 Feb. 0
N orthern C en tral....................
<Balt>) ... . 50
8,400 4 2 * Jan.
.100
N orthern P a d d c . . . . . . . . . . . . (P h lla .)
7 5 5 * F eb . 15
100 7 6 * Jan.
.100
P r e f e r r e d ......... . . . . . . . . .
“
8 1 * Jan. 26
63 198 Jan . 4 204 M ar. 1 1
o l d C o l o n y . . . . . . . ................. . . ( B o s t o n ) . . .100
44
4 0 * Mar. 11 4 6 * Jan. 23
.1 0 0
O regon S h o rt L i n e . . . . . . . . . . .
“
5,523 61 J an.
P e n n s y lv a n ia ..,,...........
(P h lla .) .. . 50
3 70 Jan . 23
97
531 9 4 * Jan.
. 50
P h iladelphia T r a c t io n ........, ,
4
4
3 99 Mar. 9
4
4
. 50 15,542 10 5* 16 Feb. 8 1 3 * Jan. 24
1 1 4 Reading C o m p a n y ........... .
1st p r e f e r r e d . . , . . . . , , , . . . . .
“
. 50 10,580 25 13'16 Jan. 7 34 M ar. 23
174
8,26 > 13 7-16Jan, 6 1 8 * Mar. 23
2d, p r e fe rr e d ......... . . » . . . . .
“
. 50
5.140 4 1 * Jan.
4 3 4 U nion P a ciflo................ . . . . . . . ( B o s t o n ) . . .100
7 5 0 * Feb. 81
80
9.918 73 Jon.
6 Si
Jan. 23
P re fe rre d ........... ...................
4 .100
4
Union T r a c t io n ............................................ ( P h50 .) .,
7 4 3 * A pr. 3
. lla 136,591 3 1 * Jan.
8,863 19 Feb. 15 2 3 * Feb. 81
U nited H r A E ie d C o .(w . t.) (B a lt.)
48
P re fe rre d (w h o a Is s u e d )..
“
4 1 * Mar.
45
Feb. 91
775 90 Jan. 3 95 Jan. 19
W est End S tr e e t......... . . . . . . . ( B o s t o n ) . . . 50
v it s c e lla u e o t m .S t o c k s .
853
.American Bell T e le p h o n e ,.. (B o s t o n ).. .100
164
.100
A m erican Sugar R efining 7..
*’
117
P r e f e r r e d !. . . . . . . . . . . . . . . . .
1
4
.10 0
870
B oston A M on tan a............ .
'•
. 25
95
B a tte A B o s t o n ........ .
4
4
. . . 85
815
Calum et A U e cla . . . . . . . . . . . .
“
. 95
9 8 * Cam bria Steel (#1 SO paid) (P h lla .) ...
6 9 * C on solidated G a s . . . . . . . . . . . (B a lt.) .. .1 0 0
5 7 * D om inion Goal — . . . . . . . . . , (B o s t o n ) , . .100
176
E lectric Storage B attery 1 . . ( P h lla .) .. .100
P re fe rre d 7,
160
.100
92 4 Brie T e l e p h o n e . . . . . . . . ..........( B o s t o n ) .. .100
64
Federal Steel................. ...........
.1 0 0
8 8 * ]L a tn a o a S tore 8 « r r l c e . . . . . . .
u
. 85
45
Lehigh Coal A N a v ig a tio n ... ( P h l l a .) . . . 30
8 7 * M arsden Com pany 7..............
’*
.100
145
N ew E n gland T e le p h o n e ....... (B o s t o n ).
45 O id D o m in io n C opper 7 . . . * . .
0
, 85
3 4 * Pa. M fg. Light A P o w e r ! . . . ( P h lla .).. . 50
174
U nited Gas I m p r o v e m e n t!..
*
*
. 50
5 0 * U nited States O i l ,. . . . . . . . . . . (B o s t o n ).. . 85
53
W eU bach L ig h t7 .................... (P h lla .) . .
i * W est Bad L a n d ...................... ( B o s t o n ) .. . 83
4 9 * iW osU ngh. E le ctric A M fg ,..
. 50
83
P r e fe r re d .................... ............
*
♦
. 50
la 3 2 * 83 t-10

850
99
....
1751*
1434
14S
130

735
8
2

02
274

8044

ilH ;

2 14 1

494(

44

774

304 2
1
804 404
944

•4 4
94

330*
153
116
350
64
800
84*
84
46*
174
166
wi
“ 9*84 » s “
57*
#5
73
»38
4 4 * 4 4 H | 45
8 7 4 26-k | 2 3 *
143 143 t 143
41
45
46*
S ’* *
284
167
170 175
50
M
48*
5 7 * 594! 5 l
*1*
*14
1*
* 9 * •49
JM i
63
63

355

358
1654'
1174
370
88* 3 7 4
813 810
2 3 * 934
8 0 * 70
57
56*
176 1 9 8 *

16 8 4

U7
861

• 3 ......
8

31*

.100

. 3

STOCKS
B O N O S I B id - j Ausk.fi
BONDS
M ISCK LL.—G o o cm d e d .
M o a t o n - c 'o n d u d e d .
17 | S VAN Eng l e i7 a '0 5 J A J
O ld c o l M ining. (B oat) 95
JO
■
Aeceola M ining. 4
4
25
1st m o rt 6a.. ..1 9 0 5 JAJ
90*
9
8
P a lm etto C o ....(P h U ) 95
O gd A L C 00a 6 a '8 0 A A O
54*
54
P a rrott SU ACow Boat) 10
In c o m e 6 a . . . . . . . . . 1 930
63
20* 20*
R otlan d 1st 6 s . . '0 9 MAN
IV n n B e e VebTtPfcU) 59
91
2d 5a........... ..1 6 9 6 FA A
P r e f ! ................ *4 50
13* 12*
73
T o rrin gto n 1st 5s 1 9 1 8 .-.
Pennayi S a l t - .. 4
4
50 106
e i*
60
46
W w l End at 5a. . ’ 09 MAN
Penney I S t e e l !. “
....
20
»1
4 * « ..................1014 M Aa
P r e f ! . .............
4
4 100
161
41
1 P u llm an 's P a l.. ( B oat) 100 160
G eld 4a..........1916 M AN
171
25 170
Q uin cy M ining,
4 s . . . ..............,1 9 1 7 FA A
13*
12
fle e ce B u tto ch .
10
S3
94
1 3 * 14
R h o d e I»1 Min. B on d *—B a lt im o r e .
64
W*
14
A tl A Ch 1st 7s. 1907 JAJ
Santa Ysabei G
86
830
990
A UG -U gh U st5s 1 0 17 J A D
Ta m a ra ck M in.
49
31
SO
Balt B elt 1st St. I990M A N
T o r r ia g to n " A ”
29
30
B a ltC P a s ls t 5 a 1 0 1 1MAN
P r e f ......... ..
85
O n C op L A M g
7H Bait Fundg 5 a 1916 M AN
7*
3 8 * 97
35
E x ch a n ge 3 * a 1930JAJ
O n S h o e M ach..
SO
90
B a ltA O h lo 4ag. 1035 AA O
86
P re f — . . . . .
4 8 * 46
4*8;
46
a t a t ls l 2d 5 g. 19 26 JA J
Utah M in ing. .
10 1 W ater P o w e r .. ** . . . . I
1
B A O S W ls t t * g, 1990JAJ
17
60
B a itA P lstd sm 11911 AA O
W eU bach C o m !(P h ll)1 0 0
M :
1st 6s tunnel 1011..JAJ
71*
P r e f ! . . . ........ ”
100
50
160
Ba) T ra c 1st 5«,1929M A N
W estm ’ rel Coal w
50:
18
V **
5 6 * W in o n a M ln ln g (B oat) 83
Kcr A
6 a 1001 MAS
48
N o ftaltD iv 5S.1942J AD
W o lv e rin e Min. 4
4
25! 45
2
88
Convertible 5 sl906M A N
W o ila e V /« L d .
4
4
61
C a peF A ¥ srA 6g. 1916JAD
B o n d * —B o s t o n .
104
1st 6s ser B ..1916 tr rec
Am B ed T el 4 s -.19 06 JAJ ,1 0 3
91
1st 6s ser 0 ..1 9 1 6 t r rec
A T A S r gen g 4s. ’ 05 A AO 1 0 0 * 1*»0R
A d ju stm e n t g i s . . 1995 [ 83
8 3 * G ent O hio 4 * a g . ’ 30 MAS
B A M 3d Is 7*.*03-07 MAN
Central Ry 6s., .1 9 1 8 JA J
116
C onsol 5 s . . . . 1932 MAN
if*
B oston T e rm 'l 3 * s ..1 9 4 7 114
90
89
E x t A Im p 5 t .f 932M A 8
Boe Un G as 1st 5 s . ‘ 39 JAJ
,
70
Ctaa* City R y l at 5a *S3JAJ
3d M 5 s . . . . .. .1 9 3 0 JAJ
Bur A Mo R iv e**pt 6s. J A J , 120
Chari CA A e x t 5 a iviO JA J
N on-exem pt 6a .*18 JA J 107
Cheaap Gas 6s ..1 0 0 0 J AD
100
...... CttyA Sub 1st 5 s .l9 2 3 J A D
P lain 4*.........,1 9 1 0 JAJ
..... 1 0 5 * C olA G rnv 1s t5 -6 .1917J AJ
I Cb B orA N la t 5 « .'9 6 A AO
C on sol Gas 6s. .1 9 1 0 JA D
9 d M 6 a .. . . . . 1 9 1 9 JA D 100
I Ch Bar A Q 4*. 1938 FA A t o o
5s............. , .. .. 1 0 3 0 JA D
9H
Iow a D lv 4 * .1 9 1 9 A A O 104
G a A A in 1s tp f 5s 1 9 15 A AO
G aCar AN l stOa g. 1939J AJ
|C h icago Jun e 5a. 1915 JAJ U 4 « 115
85
l o * I Ch A No M g u 5 s ’ 3 l MAN
G ©o rgiaP I st*5-6s 1922JAJ
92
3
68
Chi A W M g e n 8e.*91 JAM
Ga3*L*AFla l a t 5 a l9 4 3 J A J
S 3 * Con. o f V e n n 's 5a.' 13 JA J
05
08
K n o x v T r a c l s t 5 « 496 A A O
33*1 I C a rr't R ir 1st 5 « .’ 27 AAO
72
L ake R El tstgu5s*42M A 8
95
1 D G R A W 1st 4*.'46 AAO
M etdt( W ash) 1st 5 s '8 5 F A
Oom ln Coal 1stBs.' 13 M A£
New Orl Gas 1st 5 a ...V a r
EasCn 1st M 6s g .'0 « MAS 118** 130
N orfolk St 1st us '4 4 . J AT
175 I Fr Elk AM V 1st 6# '3 3 end 137
N orth Cent 4 * « . 1985 AAO
5*
O naVp'd 1st 0 s /3 3 AAO <87
6s 1 9 0 0 . . . , . , A A O
4 5 * , [ I ll l t Steel Gonv 6s.* 10 JAJ 105
105*
6s gold 1900 ........... J * J
36
101
! D ebenture 5*. 19 13 AAO 101
6s 190 4......................JAJ
73
; E C C A a 1st 5s g,*25 AAO
S cries A 5s 1 9 8 6 ....JA J
1 K C Ft SAG 1st vs.'O BJA D 1 14
Series B 5* 1 9 8 6 ....JA J
120 ' K C F S A M con 6 a '2 3 M AN
96
08
O hloA M la t 7 8 D l 0O6MAN
, 92
214
K C M A B 1st 4S-. 34 MAS
P itt Un T r a c 5 a 1097 JAJ
23*
..... 43
In co m e 5a.
Potnm V al le t 5s. 1 94 1JAT
146
K CA M B y A B 5 s /3 9 AAO 100
8 e e A v T n (P ltte )5 s ‘ 34J AD
K C 8 t J o A C B 7 s . ’ 07 JA J 120
..... 8 a r Fla A W e s t 5s ’ 34 AA O
86
T^ama'n S t're 8 6s.’ 09 MAa
..... Scab A Roan 5 s .1036 JAJ
I 1 4 * L R o ck A F 3 1s t7 s .'0 S JA^ t b s ’ *
V lrg M id ls t e s .1 0 0 6 M AS
167 , L 8 A 3 t L 1f t Os g .’ ao AAO 103
2d series 6 # .. 1011 MAS
........
2d M 5-6 g. ,.1 0 3 6 AA O
3d series 6* .1 0 1 6 MAS
M a r t i A Ont 6s... ’ 96 AAO i n i "
4th ser 3-4 -5 a 1981 MAS
76
M ex Cent 4s g .1911 JAJ J 75
5th series 5 a 1926 MAS
31
1st oon Ino 3s g notveum
V » (S tate) 8s n e w .'3 a J A j
van
12
2d co n ln c 3# non-cum ..
96*
11
Fund d e b t8 -8 s .l9 9 1 J A f
..... V a A T e n n 2d 5 a 1900 JAJ
» * ! New B o g T e le 0 » .’ 99 AAO 1100
89 '
0s ................. ,,1 9 0 7 AAO i . . . . . *****
8 f .............. . . . . . 1 9 0 0 JA J

it

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f

IN
Is !

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T.

__

*

S a le s
o f th e B a n g s o f S a le s i n 1 8 9 9 .
W e ek .
S h a res
L o w e s t.
H ig h e s t .

STOCKS.

514
734
♦73
208
•40
83* 884
0614
114
884 324
174

24

85») 836
163*180
117* 117*
380 370
ST* sa *
010
650
33* 21*
70s 70*
37
50
1 7 5 * 104
1 7 5 * 190
04
91
83* 70*
3 4* 38*
45
43
SJ54 2 7 *
143
143
4 .1 * 4*H
* * a ‘ 144
> «4vi 17 744
5 1 * 53*
32
39
• t«
tH
40* 49*
8*
65
n o saio was m ade

886

484 474

80

A C T IV E
JPridau,
A p r i l 7.

B id .
1119
m i
105

Ask.|
..

IIS
107
| l)5
1100
1 ........ ........
105

1 ........:
122

139*

107
IM
115

107S<
........

I l6 ”
........
i«o ”
504
105
124
142
1 0 2 * 103

iV s "
113
107
100
le t
118
119
118
1 IV ii
103
102*
123
J0»M
1054,
1154,
121
100
109
112
103
103
114
119
110
112“

........

I ll
105
119
tie
113*
103
io » i<
108
.....
123
i '0 9 «
108

i TT"'

t i s i i ..TTT.
n o li
110
118
118
105
109
SSVi
81
100K

«»><
........

BONDS
H u 1tl m o r e —C o n d n 'd .
W e st N C oo n 6s. 1014 J AJ
W e stV a C A P lstO g .’ i 1J AJ
WU A W e ld fit.. 1085 JAJ
B o n d s - P h ila d e lp h ia
A tl City 1st 6ag..419 MAN
Balls T e r 1st 5 a 10 46 JA D
B B o ro Gas I s lS s /a S M A ’*
Cam bria Iron 6s. 1017 JAJ
Catawlsaa M 7 a 1900 FA A
Cbes A D Cau 11 tbs- ’ 16 J AJ
C h oc Okia A G prior Hen 6s
G eneral 5 s . . . . 1919 J AT
C ltV B t R y (In d )o o n 5s.’ 83
Col am 8t Ry Is to o n B s /B J
Con T r a c o f N J lst5 s..* 3 3
Del A B B k l s t 7 s .’ 0 5 F A A
East A A 1st M 5s.’ 20 MAN
E d ison B loc 3s stk tr ctfs.
K'.ecA P o o p 's T r stk tr ctfs
S lm A W llm I s t d s .'lO JA J
In com e 5 s ,...9 8 6 2 A A O
B<i III G as-L 1st g 58.1928
H eston v M A F c o n 5s.'24
H A B T o p co n Cs.'25 A

Intem at Nar 6s.......1006

B id .

Aak.

118
114
117

__

111
102
100
107

10 2 ^

108

.......

107«
104
104*
107*
1 I I H 119* *
117
11 a
125
no
118*
lo z ii

K C 8 u b B 1st 6*..'20 JA D
K C P A G t s t 5 s .,‘ 2$ AA O ......
Lehigh N a r 4 * s . , 414 Q-J
R R 4 # g ...........1014 Q-K 107
Consol 7s........1911 JA D
Gen M 4 * 8 g . . 1924 Q -F
Leh V C*J 1st 5s g .'8 8 JAJ
09*
I^oh Val e x t 4s.. 1048 JAI.) 113
2d 7 a . . . . . . . . 1 0 1 0 M AS i a v «
Consol 6s........1923 JA D
n » ,
A n n u ity 6 a . . . . . . . . J A D
N ew 'kC onG & s 5s *48 JA D 106H
Newark Pass oon 5a, 1980
No Penn 1st 4*..4 MAN l i e ' *
36
G en M 7 s ......... 1903 JAJ 1 1 5 *
Perm gen 6s r .. . ! 9 1 0 V a r 127
Consol 6s c . . , .1 0 0 5 Var 118
C onsol 5s r ..- .1 9 1 9 Var
Pa A N T C a n 7 s ..'0 6 JA D 120
Cons 5 s . . , , . ,1 9 3 9 AA O 1 0 8 *
90
Cons 4 s ..........1030 AAO
Penn Steel 1s t 5 s .'l7 MAN 103
P eop le’ s T r tr certs 4s-'43 m ss*
Perklom I s t s e r 5 s .‘ l 8 Q -J
P hlla E lec g o ld trust ctfs 1 0 2 «
P h A E r gen M 5g.’ 20 AA O
O en M 4s g . . 1020 A A O
P h A Read 2d 6 s.'83 A A O 125**
Consol M 7a . 10U J A D 1S3W
Con M 0s g . . . 1911 JA D 128
E x t Im p M 4 s g .’ 47 A A O
Con M o f ’ 83 4 s.'37 JA J
T erm inal 5s g.1041 Q -F 120
P W ll A B alt 4t. 1017 AA O ......
C oliat tru st 4s. 1021 JAJ
PltU C A 8 tL 7s, 1900 FA A i'o'fl
R ead Co gen 4s, 1907 JAJ
R och ester R y con 5s. 1930
8 c h R E 8 ld e ls t$ s g ’ SGJAD 118**
Scran T rac l s t 6 s 782M AN
U nion T erm ’ ! 1st 5s.FA A
U nited N J 4 s ,,1 9 4 4 M A 8 110
U nTracPItte ge n 5 s’ 97JAJ 113Vi
lA n d Interest.
t » l SO
•Price Inclu des ove rd u e oon po

......
87**
120
109
i s 'o «
118
120

.......
.T ..
.
.....
11.. T

103

....
......
......
iT T
....

ltt t f
.....
paid.
ns.

THE CHRONICLE.
i l i s I U H i ( T H U ! K E P o t K S O P T U G N A f f l O 'i A L
o*

Capital.

1 !

Surplus.
Individual.
—

$
1 1 ,0 7 1 ,0 0 1
5 .7 2 5 .0 0 1
6 .8 8 5 .0 0 1
3 9 ,8 4 0 ,7 5 1
4 1 .9 2 7 ,5 0 1
1 9 ,3 3 7 ,0 5 1
2 1 .1 8 1 ,0 7 1
571 L45.H b7.371
82
51
49
41
21C
V.
Si

—

Other.

Oold
Loan* t£ dis- Oold and
couhts. (lnct'u gold O.H. Treasury
overdrafts.) certificates certificates.
$
$
1 ,0 5 2 ,2 4 3
2 1 ,7 8 4 .8 0 4
4 8 8 ,0 6 1
1 0 ,7 9 8 ,3 6 9
5 1 5 ,2 3 9
1 1 .4 8 3 ,4 7 6
1 7 8 ,1 5 8 ,1 3 5 1 6 ,0 4 2 ,7 3 1
1 0 7 ,5 3 1 ,t 2 4 3 ,5 1 4 ,9 1 1
7 5 6 ,0 8 1
3 3 ,9 1 3 ,5 0 9
4 7 ,7 7 3 ,5 7 2 2 ,0 2 8 ,3 6 1
4 1 1 ,4 4 3 ,4 8 9 2 4 ,3 9 7 ,6 3 3

$
4 0 ,8 3 0
2 ,0 2 0
2 3 ,5 9 1
1 ,4 3 2 ,3 0 1
1 8 6 ,1 9 0
1 0 2 ,0 0 1
3 4 9 ,4 90
2 ,1 3 6 ,3 2 1

*
$
1 3 1 ,0 7 6
1 3 1 ,7 5 3
3 1 0 ,4 9 9
1 0 2 , 8 6 c 1 0 9 ,4 2 0
2 7 1 ,6 1 8
8 6 ,2 8 6
8 5 ,8 5 2
2 2 6 ,5 3 5
2 2 0 ,3 1 6 1 ,9 5 1 .1 4 4
6 , 9 3 4 ,5 0 0
5 3 6 ,3 0 b
6 ^ 8 ,9 7 5 2 ,2 0 5 ,5 3 5
1 2 2 ,0 0 8
1 9 3 ,2 0 5
6 4 8 ,0 3 1
* 4 4 ,1 2 1
5 3 8 ,9 4 5
9 1 7 ,6 1 7
1 ,4 4 8 ,5 4 1 3 ,0 7 3 ,2 3 4 1 1 ,5 1 4 ,3 3 5

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

5 4 4 ,5 e 3 ,9 6 8 1 6 2 7 4 5 6 5 1
1 ,0 1 3 ,1 2 5
1 1 ,5 9 9 ,7 3 0
5 2 8 ,8 7 /
8 ,9 1 0 ,2 1 6
3 ,9 6 5 ,4 7 1
8 9 ,0 4 5 ,8 3 b
1 ,9 1 0 ,7 1 1
5 4 ,1 3 5 ,7 0 6
1 0 2 ,8 9 8 ,1 9 9 1 4 ,6 4 0 ,4 7 4
5 0 ,2 5 9 ,4 5 4 3 ,2 9 8 ,2 3 c
6 ,2 4 6 ,7 6 8
1 1 5 ,5 4 6 ,2 6 c
9 7 6 ,9 7 8 , 3r, 9 1 9 4 3 4 9 3 0 s

6 ,5 7 1 ,5 Lt
1 6 8 ,0 0 0
3 3 0 ,7 5 1
4 5 1 ,3 0 1
2 5 5 ,7 8 1
2 2 1 ,4 0 0
4 1 3 ,7 5 0
3 9 2 ,3 4 0
8 ,8 o 4 ,s 3 0

5 8 8 ,9 7 6
8 6 ,1 5 4
5 1 ,0 2 :
6 8 5 ,0 5 4
3 5 2 ,1 9 8
4 4 6 ,2 4 1
3 1 1 ,5 2 *
1 ,0 2 3 ,7 3 8
3 ,6 4 4 ,8 i3

5 ,4 6 0 ,0 0 5
3 6 ,1 9 8 ,3 7 c
1 0 ,6 7 8 ,7 o l
1 0 ,0 8 5 ,0 1 5
6 3 7 ,3 4 8
1 6 ,1 4 8 ,3 7 1
9 ,4 5 0 ,9 3 9
8 8 , 6 d o ,7 8 4

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

1 5 ,0 6 0
3 0 9 ,6 9 6
2 1 ,0 4 0
5 4 4 ,5 6 0
4 2 ,0 0 1
9 ,l7 0
4 1 ,7 3 0
9 8 3 ,1 9 1

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

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

5 ,9 2 6 ,2 8 b

1 3 9 ,7 5 .1 ,3 5 7

3 6 0 ,2 4 7
2 2 4 ,2 8 5
1 2 ,0 0 b
3 5 5 ,3 1 0
1 1 3 ,5 2 c
4 0 0 ,5 6 1
7 5 ,9 6 t
2 ,1 4 5 ,5 4 4
4 2 ,1 0 5
2 8 5 ,2 2 6
l,8 3 4 ,o ll
9 9 ,6 9 1
6 7 3 ,4 0 s
8 2 9 ,4 6 1
8 0 4 ,3 2 5
8 ,2 5 6 ,4 6 3

1 .0 0 0
81
3 .0 0 0
1 ,6 0 1

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

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

4 9 6 ,4 8 1

1 5 3 ,0 2 0
1 0 3 ,7 1 2
2 3 4 ,0 9 1
1 3 8 ,4 7 9
3 4 ,0 0 0
4 1 ,8 0 0
1 8 9 ,9 3 i
1 7 8 ,0 6 *
1 2 6 ,1 8 9
6 2 ,4 5 3
1 8 0 ,6 1 5
9 8 ,2 9 6
5 5 ,3 9 :
2 6 ,1 6 9
1 3 3 ,9 1 0
3 3 4 ,2 6 6
1 3 4 ,8 4 3
1 2 2 ,1 1 1
8 9 ,4 0 4
2 8 8 ,1 7 9
1 ,0 3 7 ,0 3 7
7 0 6 ,4 3 7
6 0 ,9 3 7
4 1 ,2 8 1
3 9 ,8 3 5
1 3 6 ,5 6 b
6 0 ,0 7 9
2 9 4 ,6 6 6
4 3 4 ,u 3 1
2 ,9 0 0 ,5 u o 2 ,6 4 1 ,2 9 5

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

2 ,6 9 3 , 9 i 6
1 6 2 ,6 0 9
1 ,3 3 7 ,1 3 6
2 ,5 0 8 ,2 2 5
1 ,1 3 8 ,4 9 5
1 ,2 9 9 ,6 4 1
6 7 3 ,1 2 2
633,03*^
6 4 4 ,8 3 5
5 6 8 ,3 2 4
4 3 2 ,0 3 3 ,5 6 1 1 1 ,6 5 9 ,3 3 4

1 ,4 1 9 ,3 1 4
2 3 ,1 6 7 .0 6 8
3 1 ,0 2 3 ,3 0 *
1 ,6 9 8 ,9 6 *
3 ,8 0 3 ,8 0 6
7 0 , 7 8 7 , b77
4 ,1 5 6 ,3 6 0
3 5 ,3 7 0 ,1 2 1
1 1 5 ,1 4 1 ,6 5 9 1 9 ,0 4 3 ,6 0 0
5 3 ,2 2 0 ,4 4 0 2 ,8 5 4 ,4 0 1
1 ,2 2 4 ,6 8 0
1 3 ,9 8 6 ,4 3 6
2 9 ,3 5 9 ,7 9 1
1 ,6 2 3 ,6 6 6
1 8 ,3 7 6 ,2 6 0 2 ,0 1 5 ,2 1 1
2 3 ,2 5 4 ,6 L7 1 ,4 5 1 ,1 9 1
4 1 3 ,6 8 7 ,5 7 2 3 9 ,2 9 1 ,1 8 3

2 9 9 ,9 5 0
2 6 4 ,1 5 0
1 3 4 ,5 9 1
1 46 ,22*.
2 ,8 1 5 ,0 5 c
2 7 7 ,4 4 0
2 1 ,5 0 0
3 2 ,1 0 0
3 0 ,0 0 1
3 1 ,7 7 0
4 ,0 4 6 ,7 7 1

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

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

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

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

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

2 6 3 ,6 6 3
1 1 ,4 8 /
2 3 ,6 7 i
1 ,0 4 8 ,6 5 3
3 4 7 ,0 0 7
2 4 6 ,9 6 1
7 3 5 ,8 9 6
2 4 6 ,3 1 1
8 4 ,6 9 /
3 0 8 ,8 5 0
1 3 8 ,9 2 1
6 5 ,9 5 7
6 , 9 0 9 ,9 5 9
5 8 ,5 4 9 1 ,7 0 8 ,6 4 9
9 4 3 ,1 9 3
2 2 0 ,7 0 ,
7 7 8 ,7 0 5
3 3 9 .9 7 1
8 9 ,6 2 5
6 d ,6 2 3
2 4 1 ,9 4 4
7 2 3 ,8 2 1
1 4 7 ,0 0 5
4 0 7 .1 1 6
2 1 9 ,8 4 b
1 5 2 ,0 0 7
3 2 8 ,8 9 3
1 0 8 ,1 9 4
5 7 ,4 9 7
2 5 5 .1 1 7
4 1 ,5 8 7
2 4 ,3 7 5
3 4 ,3 8 3
1 4 ,6 1 0
2 0 2 ,7 9 9
1 ,7 7 0 ,7 4 9 3 ,3 5 7 ,5 7 3 1 2 ,4 6 7 ,9 3 1

3 5 9 ,0 4 '
1 4 6 ,7 7 5
4 2 5 ,1 6 9
■269,669
1 ,2 0 0 ,b60

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

3 4 5 ,0 0 1
1 9 ,0 2 1
27c
1 7 ,3 4 1
3 8 1 ,6 3 1

3 4 6 ,1 0 9 ,8 5 8

4 1 4 7 .6 0 0 .0 0 1 4 3 .2 2 5 .0 0 0
2 .3 0 0 .0 0 0
1 .3 5 2 .0 0 1
5
1 .3 7 2 .0 0 0
1 .5 5 0 .0 0 1
6
1 0 ,8 7 7 ,8 5 3
2 6 7 3 1 ,3 9 2 ,8 4 1
8 ,4 0 9 ,3 0 1
1 4 ,5 4 0 ,9 7 0
10£
1 4 .4 9 5 .0 0 1
37 1 9 .6 5 5 .0 0 1
9 .3 4 0 .0 0 0
3 t 1 2 .0 5 0 .0 0 1
4 0 ,9 9 8 .3 9 0 2 2 ,- 6 1 ,9 6 1
86t
857 1 6 9 ,1 3 9 ,2 0 0 1 1 2 ,3 8 1 ,1 1 3
2 ,1 2 3 ,9 8 5
1 2 ,6 8 8 ,2 6 1
3 .8 0 3 ,0 6 0
2 .7 7 5 .0 0 1
2 5 2 ,0 0 1
4 .5 9 1 .0 0 1
3 .5 5 1 .0 0 1
2 9 ,7 8 4 ,3 0 1

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

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

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

1 South Carolina
Savannah----Georgia, oth..
j Florida
a A la b a m a ___
J Mississippi—
a New Orleans..
3 Louisiana, oth
• H ou sto n .......
2 Texas, other..
1 A rk an sas.......
Louisville .. .
1 Kentucky, oth
| Tennessee—
c Total Dlv.No.4

28
It
2
27
15
2t
It
7
15

8 4 1 ,4 5 3
7 5 2 ,2 9 6
2 2 5 .0 0 0
1 ,0 8 2 ,4 6 9
5 0 8 , 27r
6 0 9 ,2 8 3
4 0 2 ,3 0 0
2,380,0O v
3 8 8 ,2 0 0
6 0 /,3 0 0
4 ,6 1 1 ,7 1 6
2 7 6 .0 0 0
6 3 5 .0 0 0
2 ,1 3 0 ,7 1 0
1 ,7 6 6 ,3 0 3
1 7 ,2 1 6 ,3 0 5

7 ,2 1 3 ,0 0 8
o ,4 9 2 ,1 6 b
7 7 1 ,4 3 7
8 ,3 5 7 ,4 3 7
5 ,0 6 8 ,0 3 4
9 ,4 4 4 ,0 7 *
3 , 1 2 1 ,9 5 8
1 6 ,9 9 8 ,9 8 0
3 ,5 1 0 ,1 0 b
3 ,4 1 1 ,1 4 2
4 4 ,0 3 1 ,1 0 5
2 ,7 7 7 .9 9 3
5 , 8 g 2 ,6 0 8
1 4 .8 6 8 .7 4 5
2 0 ;4 7 7 ,8 4 5
1 5 1 ,4 0 6 ,6 3 5

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

188
7
ri
61
48
46t

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

f C in cin n a ti....
• Cleveland . . . .
2 Ohio, other ...
2 Indiana.........
2 C hicago.........
5
£ Illinois, other
• D etroit..........
a Miohig’n.othe)
• M ilw aukee...
£ Wisconsin,oth
l Total Div.No.*

7 ,7 0 0 ,0 0 1
IS
9 .7 6 5 ,2 5 1
14
2 2 t 2 7 ,5 7 7 ,1 2 0
1 4 .1 9 2 .0 0 0
114
1 8 .4 5 0 .0 0 0
It
201 1 7 .2 3 1 .0 0 0
3 .3 0 0 .0 0 0
t
8 .4 7 0 .0 0 1
75
4
2 .9 5 0 .0 0 1
6 ,7 0 5 ,6 0 1
74
7 4 3 1 1 6 ,3 4 0 ,3 7 0

2 ,7 5 5 ,0 0 0
2 ,1 8 4 ,5 0 0
7 ,9 7 0 ,2 2 1
4 ,5 6 0 ,0 e 3
9 ,3 4 7 ,9 0 0
6 ,6 8 4 ,4 3 4
6 0 0 ,0 0 0
2 ,5 9 4 ,0 0 c
5 8 0 ,0 0 0
1 ,7 2 4 ,2 8 0
3 9 ,0 0 7 ,b 2 4

2 4 ,9 1 9 .5 1 1
3 2 ,1 4 7 ,1 2 5
7 6 ,6 2 1 ,6 7 b
4 6 ,0 3 1 ,5 7 0
9 3 ,2 a 5 ,9 8 7
5 9 ,5 1 6 ,5 2 '/
1 1 ,4 7 6 ,9 7 6
3 4 ,0 7 4 ,8 8 6
2 3 ,3 8 2 ,5 0 2
2 9 ,9 7 6 ,8 0 4

Des M oines...
Iowa, oth er...
St. Paul & Minn
Minnesota, otl
fl St. L o u is.......
• 8 t.Jo.&Kan.C.
jj Missouri, oth’i
• K an sas.........
• O m aha*L in e.
. Nebraska, oth
1 North Dakota
| South Dakota
[ Total Div.No.t

4
167
11
58
t
7
5(
10(
11
89
23
2t

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

2 0 6 ,0 0 0
2 ,8 1 4 ,3 6 3
1 ,1 1 0 ,5 0 0
9 9 3 ,8 0 0
1 , 7 8 6 ,5 0 c
727.25C
76 9 ,2 6 fc
1 ,3 4 1 ,4 9 *
4 2 8 ,5 0 0
1 ,0 9 9 ,0 6 4
1 9 4 ,9 0 0
2 9 3 ,4 0 c

552

6 1 ,9 0 '/,1 0 1

1 1 ,7 6 5 ,0 3 5

11
82.001
4
6 ,0 0 0 ,0 0 1
3 1 1 4 ,8 2 5 ,0 0 1
29 i 2 ,5 2 0 ,0 0 0
32'
3 ,6 3 8 ,0 0 1
97 1 7 ,0 6 5 ,00C

2 ,0 0c
2 ,3 5 0 ,0 0 0
1 ,0 4 4 ,3 9 9
4 85 ,39fc
5 3 5 ,8 2 3
4 ,4 1 7 ,6 2 c

11
3"
It
21
21
11
11
1

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

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

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

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

12S

1 2 ,2 8 2 ,0 0 1

2 ,5 2 5 ,7 3 0

6 1 ,9 8 6 ,6 3 0

2 ,0 7 0 .3 6 2

San Francisco
California,oth
Oregon..........
W ashington..
y Total D iv .N o /

f An*.. * N.Mex
'• C o l o r a d o . . .
■ I d a h o ............
• Montana . . . .
£ Oklah’a < I. T
&
. U tah ..............
4 W y o m in g ....
5 A laska.......... .
L Total Div.N o.t
Total for U.

T o t a l s foo
R eserve
Ci t i e s , A c .

8

.

I

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

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

2 9 3 ,0 5 0

2 8 6 ,5 0 1
6 9 5 ,2 9 5
7 3 2 ,2 1 7
9 7.501
1 ,3 3 9 ,5 0 0
8 1 1 ,3 2 i
4 3 1 ,1 8 3
9 1 5 ,8 2 b

5 6 5 ,9 8 6

5 ,3 3 7 ,1 1 1

3 ,3 6 4 ,5 9 t
3 5 ,5 6 9 ,4 4 4
2 2 ,8 4 9 ,6 n l
1 4 ,8 7 8 ,5 8 b
4 0 ,8 5 2 ,3 3 2
2 0 ,1 6 4 ,7 6 6
8 ,4 7 3 ,8 2 5
2 1 ,7 5 1 ,8 4 b
1 3 ,0 7 9 ,6 0 7
1 4 ,4 4 9 ,3 8 1
4 ,2 6 4 ,8 4 8
3 ,4 1 1 ,4 2 6

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

3 8 7 ,4 2 2
4 ,2 1 0 ,5 o 0
1 9 8 ,6 2 3
8 3 4 ,5 6 5
1 0 4 ,3 2 3
7 6 4 ,9 4 b
2 0 3 ,9 6 3
1 7 ,0 7 c
6 ,7 2 1 ,4 6 4

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

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

'id ",9 1 4
3 9 ,7 7 3
2 8 ,1 3 2
7 6 ,4 3 8
1 5 5 ,2 5 7

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

1 8 ,7 7 *
2 3 3 ,5 8 7
4 9 .0 3 1
6 2 ,2 3 b
3 4 ,4 6 4
1 5 ,4 4 4
1 0 .0 3 1
*75
4 2 3 ,8 4 2

8 ,1 7 1
9 1 ,5 4 1
56*
5 ,2 0 1
4,85C
5 ,1 0 0

U 5 .4 2 C

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

3 ,5 7 9 6 0 8 ,3 0 1 ,2 4 ^ 2 4 7 ,5 2 2 .4 5 1 2 ,2 3 2 ,1 9 3 ,1 5 1 8 6 ,6 2 3 ,4 1 1 2 ,3 1 7 , 5 8 4 , 3 9 ) '3 0 4 2 4 6 2 9 1 1 7 ,6 6 9 ,5 0 1 1 4 , 5 6 7 , s 8 l 3 5 3 5 9 8 1 b 1 3 7 1 4 3 0 6 6
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1
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O
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bqod O
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Sa
C <
O 5
iq
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6
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4

s
U's
U's
Resources. Mir* Mil's Mil's Mnr». Mil's M Mil's Mi MWs Mi M MU's Mil's Mill's. MU's Mil's Mi. M Mil's MU's Mil's Mil's
U's
1 7 8 5 4 5 * 0 6 1 0 2 9 5 0 3 36*2 1 0 1 1*2 12*3 ■i-2 7*0 23*2 3 1 0 115*1 14*0 I S ! 3*4 2 2 8 4 0 * » 2 0 2 1 3 1 15*3
Loans .......

Bd* forotre
O th .U -S .bd s
8tks, bds. Ac.
D u efr.bands
Real estate .
O .coin A c t fs
311.coin Act fa
L .ten d notes
U .S.ctfs.dep.
N at.bk notes
Cl’r ’RH .exch
O th. rea’ces.

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

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

6
IS
4* 3 7
8. 57
65
44
!2• 1 0
18’ 169
2*
8'
0
33
1*
S'
1*
1*
7- 3 7
2
8-

10

•
6
29
7*7

TO
2*1
•0
1*2
*2
*7
•2

7*2 5*3
4 8 l*b
16*3 6 0
3 9 6 17 9
4*0 3*7
14*9 3 '
4*1 l b
2*2 3*7
4 9
*3
*4
7*0 2*0
29
1 8

3*4
2 8
2*6
9-8
2*6
2 9
13
1*2
2*2
•2
1*6

*8

*1

1*0
IT
*9
4*2
1*2
15
1*3

*1

‘0

*1

*1
*6
•
1

•2

*2
*3

T
*1

*8 •3
•
4
I
1*9
6*2 2*0
•8 *2
2*3 *4
*5 *4

*8 *9
*1
*1 T
IT
*1 *1

2*2 4*7 1*7
9
1*5 4*6
14
70
IT
13*9 1 6 0
3*9
*7
*7
*2
*7 1*7 2*0
*3
*7
*7 2*4 1*7
5
•2
T
5
*2
7
‘5
*3
*4 1*4

13
1*7
11*5
462
14
21 9
4*5
16 3
2*2
22
5*2
*5

*7 3*7
1*4
9
*8 T
7 *4 1 0 1 4 1*0
11
*7 1*9 *2 2*0 4*6 1 5
6 7 1 0 4 1 / 10*0 15*6 1 3 8
*4
*2 $ I T
*9
-5
1*2 ‘i -0 •
1 2*7 4*2 1*2
4
*3 1*8 1*0
*2
*7 4*8
*8 I T
*3
*9
2*1
•2
•2
2
•
2
*4
5 *1 I T 2 7 1 o
•
0
4
*3
3

12
1 2
■
7
6*5
IT
1*3

T
*4
1
9
T

M il’s Mil'ns. Mil'ns Mil'ns.
2*7 1 , 2 8 6 1 , 0 3 2 • 4 .3 1 S
235
172
•6
7
6,4
114
44
*9
70
1 7
277
144
1*5 2 6
133
1*2
34?
695
348
40
69
6
*3
11
41
60
59
32
262
l-s
20
5
T
30
36
SO
116
21
21
14
7
21
5
76
•
1
•1
71
*2
28
49
*8
21

T o t a ls ....... 3 0 0 9 8 1 38-0 2 1 2 3 97*9 67*4 22*0 2*4 2 7 4 « 7 18*9 6 2 0 57*3 ■J3O0 2 7 7 3 6 2 6 9 4 3 8 H 3 1 42 *5 2 7 0 31*6
Liabilities.
40
4 8 - 2 9 1 9 0 1 2 0 12*7 2*8 *7 2*3 1*2 3*1 7*7 9*7
18*4 3 3 3 0 *8 8*3 8-4 2 7 4*3 6*0
9 3
2 IT
Surplus fund
14
3 7 14*5 9 3
5-3 1*3 *2 2*4 *0
T 2*4
*0
0 •
43
*6 2 8 2*2
1b
*0
*9
9
3
Undl. profits
4 ‘ 18
•
0
IT
2*3
2
5
2
2*« 2*1
11
*3 *1
*4 *1
*2
*1
0*3 4*7 2-8
C ircu la tion ..
•
9
*1
• *1 1*8 3*r> 1 6
7
*8 1 1
5 33
*8 1*
8 *1
*7 3
5
15
D u e t o d e p ’rs 1 5 2 1 1 3 4 22*7 125*2 54*4 3 3 6 16*6 • 17*2 3 4
9
7*3 27*fc 32*3 91*4 12*1 24*0 2*4 21*1 3 5 9 1 7 7 1 2 4 1 6 1
Due t o banks 8 4 - 4 OS- 7 8 43*8 1 5 ‘S 1 1 4
4
8 • 4*3 1 3
6*0 17*0 10*3 1 0 4 7 10*4 7 7 3*2 11*7 3 2 8 2 0 1 9*3 6 0
O ther liab s.
*2
'1
*2
*0
*1 . . .
*i
1- 1 5
l* i
T otals..
3 0 0 9 8 1 3 8 0 2 1 2 * 3 9 7 9 6 7 < 2 2 0 2*4 n 4 6*7 18 0 2 o '57*3 '2 3 0 * 0 *•7*7 3 6 2 6*9 4.1*8 S 3 1 4 2 5 27 *0 31*5

L *
7

Total
Other
Cities.

( N e v a d a ..........

•
S
•
£

>
Silver Leg.iend’ •a
Treasury < X . S. cl Us
&T
certiftc’te* deposit.

a..
Silver.

$
3 3 6 ,8 0 c
4 8 9 ,7 0 b
3 4 9 ,5 6 2
3 , 6 1 5 ,60b
2 ,5 0 5 ,8 5 3
9 9 ,5 0 1
1 ,3 2 2 ,0 1 ]
8 ,7 1 9 ,0 5 2

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

$
2 ,7 2 7 ,8 0 1
1 .4 0 8 ,3 3 9
1 ,4 8 1 ,C011 3 ,8 7 9 ,9 2 *
1 4 .8 8 1 .6 2 fc
4 ,5 3 3 ,6 2 0
7 ,9 » 7 ,4 5 *
4 6 ,9 0 9 ,7 7 7

19
2$
48
11
1
3t
34
171

f North Carolina

1899.

COiTIP < H O L t E l l I ^ I S . 4

Total
Reserve
Cities.

f M aine............
^ N. Hampshire.
^ V erm on t.......
Jf B oston...........
• Mass., other .
"* Rhode Island
J C onnecticut..
^ Total Div.No.)
( New Y ork Clt]
1 B rooklyn.........
« A lb a n y ........
« N. York, otbei
2 New Jersey...
E Philadelphia,
"j Pltteburg —
S Penna., other
B
' Total Dlv.N o.i
[ D ela w a re ---• Baltimore . . .
3 Maryland, otl)
2 W ashington..
2 Diet. Col., oth
E Virginia........
1 West Virginia
l Total Div.No.;

A N & S ,1 U I> K T O r t C K

Depotits.

1899.

[V ol . L X V III.

9 7 J ,4 3 3 1 ,9 7 1 4 ,4 0 4

IT
*2

389
60S
21 0
24 S
117
131
86
*6
49
37
204
5
53
151
5 6 1 ,1 6 9 1 ,1 5 0 2 ,3 1 9
94
913
1*8 8 1 9
26
7
19
9 ‘ 7 •2.43311 .9 7 1 4 . 1 0 4

THE CHRONICLE.

A p r il 8, lfibfl. j

665
L a te s t G ross E a r n in g s .

J m ie s tm e tx t
akd

J a n . 1 to L a t e s t D a is*

BO ADS.
Week, o r M o

1 8 9 8 -9 .

1 8 9 7 -8 .

1 8 9 8 -9 .

1 8 9 7 -8 .

1
9 3 2 ,0 4 9
l n .A G t . N o r t h ’ 11. t t h w k M a r
1 0 2 ,8 1 4
1 0 3 ,3 6 7
8 7 3 ,0 2 7
6 8 .3 0 0
6 6 ,3 7 0
7 1 1 ,3 1 0
8 0 3 .1 0 0
IJ n t e r o o . (M e x .) W k M a r . 18
5 3 ,6 0 6
4 7 ,6 9 5
4 3 1 ,5 7 0
4 9 2 ,3 2 3
I o w a C e n t r a l... t t h w k M ur
4 ,4 4 5
4 ,1 5 0
7 .6 4 7
8 ,5 0 6 !
D o n Railw a y . . . F e b r u a r y .
3 1 ,4 3 9
3 3 .0 9 6
6 1 ,7 5 1
6 6 ,6 1 1
J a c k . T . A K - Yf F e b r u a r y ,
9 .4 4 8
1 6 ,7 7 6
1 4 5 ,4 5 4
1 2 4 ,0 6 4
K a n a w ’ a * M lo b t t h w k M a r
9 3 7 ,5 3 2 1 ,0 5 2 ,0 2 1
9 0 ,8 9 8
8 3 ,7 6 1
K .O .F ,S o o t t A M . f d w k M a r .
2 3 .1 0 2
3 1 7 ,6 1 9
2 5 ,9 1 1
3 7 0 ,8 7 4
K .O .M e m . A B ir . 3 d w k M a r .
The following table shows the gross earnings of every K a n . C . N . W . . . . F e b r u a r y .
3 3 .-1 7
2 4 .6 2 3
6 4 .7 2 3
5 1 ,5 6 5
55,6-*4
4 ,6 2 7
5 ,1 9 0
6 9 ,2 2 7
r e a m railroad from which regular weekly or monthly returns K a n . C i t y A O m . 4 t h w k M a r
8 4 ,0 1 6
1 1 7 ,5 6 6
7 8 6 ,0 3 0
9 1 4 ,5 3 6
K. C . P it t s . A G . i t h w k M a r
*an be obtained. The first two columns o f figures give the K a n .C .S u b .B e lt -IthWK M a r
1 2 ,9 1 3
1 5 ,7 2 1
1 1 1 ,3 8 6
1 3 4 ,1 7 1
grosa earnings for the latest week or month, and the last two K e o k u k A W e s L . i t h w k F e b .
9 2 ,8 i
1 1 ,2 6 8
1 2 ,0 4 7
9 6 ,3 1 3
8 3 0 ,9 2 1
8 1 3 ,0 1 2
9 1 ,4 8 9
9 1 ,1 5 0
eolumns the earnings for the period from January 1 to and L -E r ie A W e * L t t h w k M a r
8 6 ,7 0 6
1 1 9 ,0 0 6
2 5 ,9 5 0
4 2 ,7 2 9
L e h ig h A H u d . M a r c h . . . .
Including such latest week or month.
1 .1 8 8 ,5 2 9 1 ,4 2 1 ,8 0 6 2 . 7 5 7 ,3 9 2 2 , 7 6 5 ,5 4 4
L e h ig h V a l. R R .
eb ru a ry
The returns o f the street rail ways are brought together sep­ L eh . V. C o a l C o F e b r u a r y 1 . 3 8 7 ,4 5 4 1 ,1 6 7 ,6 8 8 3 ,0 1 0 ,0 3 6 2 ,6 7 3 ,0 6 9
F
1 5 ,6 0 4
1 5 .6 0 4
L e x 'g t o n A J E a s t . J a n u a r y .
1 5 ,6 >9
1 5 ,6 8 9
arately on a subsequent page.
7 0 7 ,7 1 3
6 9 0 ,5 7 1
2 7 1 ,4 8 9
2 7 1 ,6 8 1
U m g l a l a n d R R . M a r c h ___
7 3 3 ,2 8 9
2 8 1 ,5 4 '
2 7 9 ,4 3 9
L o n g Is. S y s te m . M a r o h . . . . .
7 1 0 ,3 4 7
J a n . 1 to L a t e s t D o t s .
L a te s t G ra ta J S a m in g s.
1 4 ,4 4 7
1 5 ,6 0 7
8 ,2 9 8
6 ,1 2 7
L o s A n g. T e r m . . F e b r u a r y .
ROADS.
3 6 7 ,5 4 1
3 6 9 ,2 4 0
W e e k o r i l o \ 1 8 9 8 -9 . 1 1 S 9 7 -8
1897-8.
3 8 ,7 7 7
4 6 511
L o u lg .ff v .A 8 L L . i t h w k M a r
1 8 9 8 -9 .
1 1 4 .1 9 8
4 4 ,3 7 5
1 2 8 ,4 1 6
t o n . H . A S L L . M arch
4 9 ,7 9 2
3 8 6 ,0 5 0 5 ,5 8 6 ,9 1 2 5 , 4 1 6 ,8 6 3
L o o i s v .A N a a h v . i t h w k M a r
*
6 7 0 ,2 0 0
I S I S
■
I
1 1 .7 9 5
4 ,3 7 4
9 ,7 4 5
M acon A B lr m
5 ,9 0 1
2 1 ,4 8 2
A d ir o n d a c k — .J a n u a r y ..,i
1 6 ,3 1 8
2 1 ,4 9 2
F eb ru a ry
1 6 ,3 4 8
1 8 ,3 0 5
1 3 .7 4 2
6 .8 6 3
M a n l s t lq u e _____ F e b r u a r y
4 3 9 ,8 1 3
4 4 3 ,9 2 9
A l a . G t . 8 o a t h . . t t h w k M ar
4 8 ,9 9 0
4 2 .6 2 3
7 .6 8 5
iM e x ie a n C e n t . . i t h w k M a r
3 9 9 .3 0 0 3 ,0 3 4 ,3 5 3 3 ,2 9 2 ,1 0 9
4 1 7 ,6 3 1
6 6 , 9 7 1!
7 0 ,1 9 4
A l a . M i d l a n d . . . J a n u a r y .. .
6 6 ,9 7 1
7 0 ,1 9 4
5 2 8 ,8 1 2
3 6 3 ,8 9 0
7 4 8 ,2 0 3
2 5 8 .0 1 1
M e x i c a n In te r " 1. F e b r u a r y ,
A l a - N .O .A T e * . P a c. J u n e
:M e x - N a t io n a l i t h w k M a r
2 9 9 ,0 2 1
1 6 0 ,2 2 2 1 ,6 3 2 ,3 0 8 1 ,4 7 3 ,6 2 7
2 9 8 .2 0 0
S O r l. A H . 8 2 d w k M a r .
3 0 ,0 0 0
2 5 ,0 0 0 ;
1 9 3 .3 7 8
3 7 ,2 2 9
M e x. N o r t h e r n .. J a n u a r y .. .
1 4 4 ,2 9 7
3 7 ,2 2 9
8 3 ,6 1 3
8 3 .6 1 3
1 5 8 ,5 8 8
A l a . A V lo k * l). ,2 d w k M a r .
1 4 .0 0 0
1 2 ,0 0 0
8 9 1 ,9 0 0
9 8 8 ,2 0 0
[ M e x l c a n R ’ w a v W k M a r. IS
1 3 7 ,9 2 5 ,
1 5 1 ,7 9 3
V I c k s . S h . A P . ! 2 d w k M a r.!
1 1 ,0 0 0
1 1 ,0 0 0 ;
88,000
8 4 .5 0 0
1 5 2 ,9 0 7
1 3 ,6 6 7
1 7 0 ,3 2 0
M e x lo a u S o . ___ J d w k M a r.
4 1 0 ,7 8 5
3 0 8 ,2 5 9
1 7 ,3 8 5
A l l e g h e n y V a l. F e b r u a r y .
1 8 6 ,6 2 1
1 8 5 ,4 9 9
4 8 7 ,4 4 6
5 6 3 ,5 8 5
M ln n e a p .A 8 L L i t h w k M a r
3 5 7 ,2 ,5 2
3 3 7 ,3 1 9
A n n A r b o r ______3 d w k M a r .
3 2 ,1 8 1
2 7 ,8 1 2
5 8 .5 3 1
7 2 ,6 1 8
8 2 8 ,0 2 2
1 1 9 ,0 6 9
7 9 8 ,8 7 0
10,873;
1 0 ,3 3 0
Ark. M id la n d . ..J a n u a r y .. .
1 0 ,8 7 3
1 0 ,3 3 0
1 1 4 ,0 7 8
M.
8 L P .Ai8 .8 L M M a r
t hw k ,
M o. K a n . A T e x . t t h w k M a r
d . t e h . T . A S . P e . - February 2 ,9 5 9 .7 3 9 3 .0 5 6 ,3 8 9 6 ,1 9 4 ,0 0 2 5 ,9 1 6 ,6 3 8
2 6 1 ,4 4 1 2 ,7 2 5 ,5 6 3 2 ,6 9 1 ,4 8 1
2 9 8 ,0 4 6
1 7 7 .7 4 8
M o .P a c .A lr o n M t t h w k M ar
1 3 4 .4 0 7 ,
8 1 3 .0 0 0 6 ,2 0 0 .5 5 1 6 ,3 5 8 ,5 8 8
8 2 3 .0 0 0
1*7.748
A t l a n t a A C h a r . J a n u a r y ..
13 4 .4 0 7
4 1 ,0 0
3 2 6 ,2 6 2
24.610,
2 3 ,6 2 5
4 0 ,0 0 0
C e n tra l B r ’ oh . t t h w k J la r
2 6 6 ,3 7 7
5 2 .4 8 1 !
4 9 ,0 1 7
A t). K n o x . A N o. F e b ru a r y . i
52.633i
5 5 .5 3 9
T o t a l ............... t t h w k M ar
5 2 .6 3 3
5 5 ,5 3 9
8 5 7 .0 0 0 6 ,4 6 6 ,9 2 8 6 ,6 8 2 ,8 5 0
8 6 3 .0 0 1
A tla n ta & W , P . J an u ary1 6 2 ,6 8 7
9 8 .5 3 5
8 2 .1 5 7
A t L C T a tI J n e 8 .C J a n u a r y . . . ; 1 5 9 ,3 1 4
7 .5 7 0
6 ,7 3 6
M o b ile A B l r m .. 2 d w k M a r.
1 5 9 .2 1 4
1 6 2 .6 8 7
1 2 ,9 2 9
1 2 ,6 0 3 !
M o b ile A O h i o . . (M a r c h _ _
_
1 3 0 ,1 2 7 ;
A tta n . A D a n v . . it h w k M ar
3 6 4 ,8 6 0 1 ,1 9 2 ,3 0 0 1 ,0 3 9 ,1 2 0
4 4 1 ,5 0 0
1 3 7 ,2 8 6
15.094
1 7 ,9 7 5
2 0 3 ,5 8 3
1 5 1 ,3 3 6
A u s t i n A N ’ west D e c o ru bor.
1 3 9 ,0 6 4
2 0 7 ,4 4 2
9 9 ,2 2 9
1 7 8 .0 3 9
M o u L A M e x -G ’ t 'F e b r u a r y .
8 9 8 ,2 1 6
9 2 4 ,8 5 5
4 3 6 ,1 4 4
4 0 9 ,8 1 7
B a lt . A O h io —
F e b r u a r y . 1 ,7 9 2 ,8 8 1 : i j » l 2 ,3 6 1 3 ,9 7 2 .7 6 9 3 ,9 4 2 ,7 0 1
N a s h .C h .A 9 L L . F e b r u a r y .
1 8 3 ,2 7 6
4 ,3 7 2
B a L A O . B o a 'w i t h w k M a r
1 ,4 4 6
1 7 2 ,6 7 7 1 ,4 9 7 ,2 9 3 1 ,6 2 8 ,3 4 3
4 ,3 7 2
1 ,1 4 6
N e v a d a C c n t r a l . J a n u a r y . ..
1,804!
1 ,9 3 3
B a t h A Ha m ’ nrtr J a n u a r y . ..,
N . Y , C . A H . R . . [M a r c h ......... 3 ,9 2 3 ,9 3 8 3 .7 5 5 ,7 3 6 1 0 , 8 3 4 ,8 0 4 1 0 ,5 1 3 ,2 5 9
1 ,8 6 4
1 ,8 3 3
8 5 5 ,2 2 1
B lr . A A t l a n t i c F e b r u a r y
1 .8 9 8 ;
2 .2 9 3
3 ,9 2 3
4 ,2 7 3
110,102 1 ,0 0 2 ,1 7
1 3 6 .3 4 7
N. Y .O a L A W „ t t h w k M ar
3 5 4 ,0 6 2
B r u n s w 'k A W e s t J a n u a r y . . .
N. Y , B u s q . A W . F e b r u a r y
5 0 ,1 0 7
4 8 .8 8 4
5 0 .1 0 7
4 8 ,8 8 4
1 6 1 .6 0 5
3 6 3 .9 9 6
1 5 7 .1 2 9
Barr. K o c h .A P U t i t h w k M a r
95,40-5
8 7 7 ,9 1 1 1
1 9 9 ,9 0 2 2 ,6 8 9 ,7 9 J 2 ,7 2 3 ,8 0 3
N o r f o l k * W a st. tt h w k M ar
106.189
2 3 1 .6 0 5
8 3 7 ,8 1 1
3 1 ,0 1 9
4 5 ,6 2 7
B u ff .9 L M .A 8 . W J a n u a r y .. .
4 0 .5 7 4
S o r t lT n A l * , R y . r id w * M a r .
3 .8 5 9
3 .1 0 5
3 1 ,0 1 9 ,
B u ff a l o A B a s e . . [ F e b r u a r y
4 8 ,9 3 2 ,
102.540
7 .7 1 1
7 3 .1 5 7
7 ,6 1 7
6 7 ,7 3 0
N o r t h e s ’ n ( G a . ) . iD .-c e u ib e r .;
3 6 ,3 3 4
7 6 ,8 0 0
p,A N ithwkMar 1 2 1 ,5 0 2 1 1 1 ,3 5 8 1 .0 9 5 ,3 3 7
.
B a r .C . B a p ,
5 0 9 ,7 7 9
9 6 3 .6 1 5 1 ,0 1 8 ,3 1 5
N o rth ’ n C e n tra l F e b r u a r y .
9 8 5 ,8 9 2
4 0 1 ,6 7 9
O d & a d la n F a c iflc i t h w k M a r
673,000! 641,000; 5 ,7 1 5 .0 5 3 5 ,2 4 6 .4 4 8 N o r t h ’ n P a o t llo .i3 d w k M ar
4 1 6 ,9 9 3 4 ,4 9 3 ,2 1 0 4 ,4 0 1 ,3 5 9
« 8 7 ,8 7 2
C a r . M id la n d . . S o v e m b o r .
1 9 0 ,2 8 4
1 8 ,3 3 9
2 0 9 ,9 7 3
5 9 .9 7 8
5389
O h io R i v e r . . . . . . ! i t h w k M a r
5 ,4 3 5
5 4 .5 2 6
1 4 .2 1 8
O e n L o fG e o r g la it h w k M ar
6 2 .3 2 3
165.597 1 1 8 ,4 5 2 1 ,4 8 2 ,7 3 4 1 ,4 5 9 ,7 4 8 O h io S o u t h e r n . . J a n u a r y . .. 1 7 5 ,1 5 9
7 5 ,2 5 8
0 2 ,3 2 3
5 1 .5 4 3
4 7 .2 4 8
C e n tr a l N . B . . . J a n u a r y ...
1 ,5 4 1 ,6 4 3
1 ,4 3 3 ,4 1 9
O r e g .R B .A N a v . i t h w k M a r
5 1 .5 4 3
1 6 3 ,0 7 6
1 3 4 ,4 9 t
4 7 .2 8 *
C e n tr a l a t e t . J , . F e b r u a r y .
8 6 7 ,6 9 3
8 7 6 ,8 4 6
1,900.250 1 ,9 4 0 .9 9 0 O r e g . S h . U a e . . ; F e b r u a r y . i 4 8 1 ,7 7 0 4 2 9 ,4 7 7 1 .0 0 3 ,4 0 7
8 8 5 ,2 9 1
Central P a c i n o . ;D e c e m b e r . 1 .2 6 3 ,2 9 2 \, 1 4 1 ,9 5 1 1 5 ,9 4 0 ,3 0 9 1 4 ,1 7 3 ,6 0 1
3 7 3 ,6 7 8
3 3 2 .3 9 5
3 7 3 ,6 7 3
P a o . O o a s t O o .. J a n u a r y .. ' 3 3 2 ,3 9 5
t M a r ia s t 'n A S a v J a n u a r y ..
5 7 .1 3 9
•6 8 8 ,9 7 4
62L855
5 7 ,1 3 9
3 6 3 ,9 1 3
P a o lflo M a ll------- F e b r u a r y .
6 8 ,7 9 4 :
6 8 .7 9 4
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224,011
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1 6 .3 0 7
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4 ,8 8 1
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Dee M , S , 4 W „ December.
3 9 ,5 9 1
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430,392 81L » p r s . O . A G , J a n u a r y .. .
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1 1 2 ,4 5 3
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234,667;
4 0 3 ,6 1 0 5 ,4 5 2 ,0 7 1 4 ,4 7 7 ,0 9 2
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12,8341
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2 2 9 ,4 6 7
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2 2 ,4 3 8
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T e x a s C e n tra l sy s te m .

R a ilr o a d

In te llig e n c e ,

RAILROAD

EARNINGS.

THE CHRONICLE

66t5

t I n c lu d e s C h e s a p e a k e A O h io S o ’ w e s t e r n . O h io V a l l e y a n d C h io a g o
a n d T e x a s f o r b o t h y e a r s . R e s u lt s o u Y a s sio B r a n o li e x c l u d e d In
1891) b u t l n o lu d e d In 1 8 9 8 u n t il J u ly 1.
J M e x ica n c u r r e n c y .
5 C o v e r s r e s u l t s o f l in e s d l r e o t l y o p e r a t e d e a s t o f F lt s b u r g .

Latest dross Earnings Oy Weeks.—The latest weekly earn nga in the foregoing are separately summed up as follows :
For the fourth week of March our preliminary statement
oovere 67 roads and shows 10 49 per cent increase in the aggregate over the same week last year.
41A w eek o f March.
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n i n t A P e r e M a r a u e t t e ..
F t. W o r t h A R io G r a n d e .
G e o r g ia .................... ..
.
G e o r g i a A A l a b a m a ..........
Grand R a p id s A I n d i a n a
C in c in n a t i R . A F t . W .
M ask . G r. B a p . A I n d
G r a n d T r u n k .................... /
C h ic . A G r a n d T r u n k j
D e t. G d . H . A M .......... )
I n t e r n a t io n a l A G t . N o ..

1899

1898.

Increase.

*
4 8 ,9 9 0
1 2 .9 2 9
1 8 3 ,2 7 6
1 0 6 ,1 8 8
12l.5*>2
6 7 3 ,0 0 0
1 6 5 .5 0 7
3 4 5 ,2 1 6
1 0 3 .2 1 6
1 7 5 ,7 4 3
0 2 ,6 3 7
1 ,0 6 6 ,0 4 5
3 1 ,9 9 4
2 5 , 1 £9
4 2 3 ,5 7 5
5 3 ,3 5 5
1 6 .3 0 7
2 6 5 .0 0 0
6 4 ,2 9 9
8.901
3 2 ,4 3 6
94.471
1 1 ,4 4 :
60,501
3 1 ,3 0 8
6 9 ,8 4 1
1 2 ,8 3 4
1 ,1 3 1
2 ,8 6 7

$
4 2 ,6 2 3
1 2 .6 0 8
1 7 2 ,6 7 7
9 5 .4 0 5
1 1 1 ,3 5 8
6 4 1 ,0 0 0
1 1 8 ,4 5 2
3 3 3 ,4 3 0
8 8 .7 0
1 5 7 ,2 7 4
8 5 ,8 0 1
9 4 7 ,2 9 5
3 0 ,6 6 0
1 6 ,6 6 6
3 9 7 .2 2 0
2 8 ,4 9 2
1 9 ,9 1 6
2 0 5 ,2 0 '
4 3 ,6 4 '
7 ,0 5 5
2 8 ,4 6
81,16*
1 1 ,7 0 7
3 6 .8 8 8
2 5 ,5 5
6 2 ,1 6
1 2 ,4 6 :
1 ,1 9 6
2 ,2 5 6

9
6 ,3 6 7
3 il
1 0 ,5 9 9
1 0 .7 8 3
1 0 , ' 44
3 2 ,0 0 0
4 7 ,1 4 5
1 1 ,7 8 6
1 4 ,5 1 i
1 8 ,4 6 9
6 ,8 3 6
1 1 8 ,7 5 0
1 ,3 3 4
8 ,5 2 3
2 6 ,3 4 9
2 4 ,8 6 3

5 5 ,4 9 :

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

1 0 ,7 7 8 ,4 0 9
T o ta l 67 roadst . . . .
N et I n c r e a s e ( 1 0 4 9 D- o .i

9 ,7 5 5 ,1 8 8

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

$
$
G r o s s e a r n in g s i8 5 r o a d s ) 3 9 , c 7 4 .6 6 6 3 7 ,4 7 8 ,1 8 4

$
2 ,3 9 6 ,4 8 2

N. Y . O n t a r io A W e s te rO h io R i v e r ........ ...................
O r e g o n R R . A N a v ............
P e o r i a D e o . A E v a n s v . ..
P lt t s b . B e s s . A L . E r i e . .
P it t s b u r g A W e s t e r n ........
St. J o s e p h A G d . I s la n d .
S t. L o o t s S o u t h w e s t e r n .
S o u th e r n R a i l w a y . . . —
T o l e d o A O h io C e n t r a l . . .
T o le d o P e o r i a A W eBt’ n ..
r o L 8 t . L . A K a n . C i t y . ..
W h eel i n * A L a k e E r i e . .
W is c o n s in C e n t r a l ..........

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

....
...a

.
...

264

___

65

6 7 4 ,0 4 5

M o. P a c in o A I r o n M i . . . .

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

611

7 2 9 ,5 3 7

M in n e a p o lis A S t. L o u is
M in n . 8 t . P . A s . S te . M .

$

3 ,6 0 9
5 9 ,8 0
2 0.621
1,841
3 ,9 7
1 3 ,3 0 4
........
2 3 ,6 1 i
5 ,7 5 i
7.68C
371

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

K a n a w h a A M l o h l * a n .. .
K a n s a s C it y A O m a h a . . .
B a n . C it y - i t i s b A G u lf
B a r .. C it y S u b . B e l t
L a k e E r ie A W e s t e r n ...
L o u is v lU e E v a n s . A S t. L.
L o u is v ille H e n d .A S t. L ..
L o u is v ille A N a s h v i l l e . .
M e x ic a n C e n t r a l..............

Decrease.

___

5 5 :5 ,9 1 )
7 ,3 3 0
563
33,551
2 ,9 0 8
T,«,___
7 ,7 3 4
19(
8 4 ,1 5 0
1 8.381
3 3 .1 5 6
1 4 .0 8
4,991
3 6 ,6 0 5
1 0 ,0 0 1

339

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

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

2 8 ,5 8 2
5 ,3 8 5

2 ,3 9 1
4 ,6 5 8
1 2 ,5 8 7
3 ,9 0 0
8 6 ,9 5 5
2 4 ,1 3 5
7 ,434
69
5 ,7 1 2
2 2 ,0 7 7
1 8 ,5 3 4
2 2 ,3 6 4

|V ol . L X V III.

- g r o t s E a r n m g s .1898.
1899.
$
*
R oads.
5 6 6 ,7 1 6
i.
5 8 3 ,3 4 8
D e n . & R . G r a n d e .b .. F e b .
1 ,3 1 1 .1 0 5 1 ,2 1 1 ,3 43
Jan . 1 to F eb . 2 8 .
. 6 .1 8 3 ,9 8 4 5 .6 8 6 ,8 1 1
J u ly 1 to F e b . 2 8 .
D e t r o i t C i t y G a s _____ F e b .
J a n . 1 t o F e b . 28.
1 0 5 .4 9 9
1 1 8 ,8 2 9
F t. W . & D e n . C it y . b . F e b .
2 3 5 ,3 3 3
2 3 3 ,4 6 8
Jan. 1 to Feb. 2 3 .....
L a o le d e G a s -L . C o . . .M a r .
J a n . 1 t o M a r. 3 1 . . . .
1 , 6 5 1 .3 4 0 1 ,7 5 4 ,9 J4
L o u is v . A N a s h v . b . . . F e b
J a n . 1 t o F e b . 2 3 . . . . , 3 ,5 8 0 ,0 2 7 3 ,5 6 2 ,6 6 8
1 5 ,4 6 3 ,8 2 5 1 4 ,6 3 6 ,4 8 2
M e x l o a n C e n t r a l ___ F e b . 1 ,0 9 3 ,1 2 2 1 ,0 5 2 .0 9 7
J a n . 1 t o F e b . 2 3 . . . . 2 ,3 7 5 ,6 8 2 2 ,1 3 9 ,1 1 9

------ N e t E a r n m g t . — —
1899.
1818
$
*
1 5 2 ,5 1 4
2 1 9 ,0 8 2
4 1 3 ,2 5 7
4 5 3 .3 4 4
2 ,4 5 7 ,2 6 8 2 , 2 4 4 ,9 8 9
5 0 ,3 9 8
3 3 ,0 0 5
1 0 2 ,2 0 6
7 2 ,7 2 7
2 6 .8 6 2
5 0 ,4 9 0
7 0 ,2 1 9
8 4 ,9 9 0
3 6 ,0 8 7
8 1 ,5 5 5
2 6 6 ,1 0 4
2 5 7 ,9 7 6
4 4 5 ,0 6 2
5=10,699
1 ,0 3 6 ,3 7 8 1 , 1 7 8 ,6 0 4
5 ,2 0 6 ,4 4 5 4 , 9 8 8 , 9 9 0
2 4 3 ,7 9 1
3 4 1 ,2 7 2
7 5 7 ,1 1 7
5 2 8 ,0 7 9
1 6 9 ,0 0 6
8 7 ,3 3 8
3 6 2 ,1 0 6
1 8 2 ,7 2 9
4 4 ,3 5 5
2 0 .4 3 D
2 0 6 .7 1 8
178 4 6 1
d e f .3 5 7
2 .0 0 2
3 ,7 9 6
7 ,4 0 5
2 1 1 ,0 3 7
2 4 1 ,7 9 6
5 1 2 ,0 5 2
5 2 4 ,3 2 7
2 ,5 8 8 ,3 9 0 2 ,4 0 8 , 0 1 4
1 3 5 .6 5 0
1 6 0 ,5 5 3
1 5 9 ,8 8 3
1 2 5 ,5 8 6
1 1 ,2 8 6 ,7 6 5
t6 1 2 ,9 0 5
7 9 ,3 2 8
7 0 ,0 8 9
1 6 5 ,1 6 8
1 4 2 ,3 9 8
8 1 4 .0 2 4
8 3 5 ,7 4 1
1 1 ,2 7 3
4 5 ,7 6 3
2 8 ,9 5 5
7 6 .2 3 9
1 8 9 ,1 9 6
3 3 1 .6 1 7
8 7 ,1 4 0
1 1 0 ,7 4 4
2 5 5 ,1 4 0
2 3 6 ,3 2 9
1 , 2 5 3 ,7 0 5 1 ,0 6 3 ,1 0 7
2 9 ,7 1 3
2 9 .2 7 G
3 2 0 ,5 6 0
3 9 3 ,2 1 4

M e x . I n t e r n a t io n a l..F e b .
3 6 3 ,8 9 0
2 5 8 ,0 1 1
7 4 8 ,2 0 8
5 2 8 ,8 1 2
Jan. 1 to Feb. 28 —
8 3 ,6 1 3
M e x lo a n N o r t h e r n . . J a n .
3 7 ,2 2 9
4 1 0 ,9 1 0
J u ly 1 to Jan . 3 1 . . .
3 0 9 ,4 4 0
1 ,4 4 6
N e v a d a C e n t r a l ........ J a n .
4 ,3 7 2
1 8 ,9 8 0
J u ly 1 to Jan. 31. . .
2 7 ,9 3 0
N o r f o l k & W e s t ’ n . a .F e b .
7 7 3 ,4 8 0
8 7 6 ,3 6 8
J a n . 1 t o F e b . 2 8 . . . 1 ,7 3 5 ,1 4 6 1 ,7 9 2 ,1 1 5
J u l y 1 t o F e b . 2 8 ___ 7 . 6 7 5 ,6 5 4 7 ,5 6 4 . 2 7 2
* 2 7 5 ,1 8 9
P a o illo M a l l ................. F e b .
3 6 5 ,9 2 3
6 2 1 ,8 5 5
6 8 8 ,9 7 4
J an . 1 to F eb. 2 8 . .. .
M a y 1 t o F e b . 2 8 ____ 3 ,5 4 7 ,3 1 5 3 , 3 2 8 , 9 7 4
2 1 9 ,3 8 2
2 0 8 ,7 2 5
B i o G r a n d e W e s t . b ..F e b .
Jan . 1 to F eb 28 . . .
4 5 5 ,7 2 6
4 4 0 ,3 0 8
J u l y 1 t o F e b . 2 8 ___ 2 ,1 8 2 ,4 7 2 2 ,2 4 0 ,5 3 8
8 6 ,1 7 3
1 1 0 ,0 0 0
S t. J o s . A G d . I s l. a . . F e b .
J a n . 1 t o F e b , 2 8 ........
1 9 0 ,3 8 7
2 0 5 ,1 0 5
J u l y 1 t o F e b 2 8 ___ _
8 6 4 ,7 4 6
.
8 4 3 .2 1 9
S t. L o u is S o u t h w e s t .- F e b .
3 8 7 ,1 1 1
4 6 1 ,8 5 7
J a n . 1 t o F e b . 2 8 ........
8 8 6 ,7 3 8
9 4 0 ,4 3 7
J u l y 1 to F e b . 2 8 ......... 4 ,1 2 9 ,2 7 5 3 ,8 1 3 ,1 2 1
S t. P a u l & D u l u t h .a . F e b ..
1 2 1 ,3 6 2
1 0 2 .0 5 3
J u l y 1 t o .F e b , 2 8 . .
1 , 2 3 8 ,2 9 9 1 , 1 6 1 , 3 4 7
T o le d o A o . C e n t.b .F e b .
1 3 0 ,3 6 7
114 925
3 3 ,6 0 4
2 6 ,2 5 2
J a n . 1 t o F e b . 2 8 ........
2 6 8 ,8 9 6
2 6 2 ,6 3 7
6 4 ,0 6 4
6 9 ,4 5 3
J u l y 1 to F e b . 2 8 ........ , 1 ,2 0 7 ,3 4 6 1 ,1 6 9 ,0 6 3
3 8 1 ,1 8 9
3 4 8 ,5 8 1
D n lo n P a e . R y . a ___ F e b . 1 ,2 5 1 ,0 3 1 1 ,2 9 7 ,2 7 2
3 9 8 ,4 5 5
5 4 2 ,2 5 8
J a n . 1 t o F e b . .2 8 ........ 2 ,7 1 0 ,9 3 1 2 ,6 0 4 ,5 9 1
9 9 4 ,1 1 4
9 8 2 ,6 8 8
1 3 , 3 1 5 ,0 2 0 1 2 ,6 1 7 ,5 9 6 5 ,9 0 1 ,8 6 9 4 , 7 0 1 , 9 8 6
sl N e t e a r n i n g s h e r e g i v e n a r e a f t e r d e d u c t i n g t a x e s ,
b N e t e a r n in g s h e r e g iv e n a r e b e f o r e d e d u c t in g ta x e s .
* D e c r e a s e in e a r n i n g s d u e t o s t r ik e a t P a n a m a , w h ic h r e s u l t e d i n
d e te n tio n o f ste a m e rs a t t h a t p o in t .
1 A f t e r d e d n o t i n g “ r e s e r v e f u n d f o r r e p a i r s o f s t e a m e r s ,” b a l a n c e in
F e b r u a r y , 1 8 9 9 , w a s $ 6 , 5 3 5 , a g a i n s t $ 4 8 ,0 5 3 , a n d f r o m M a y 1 t o
F e b r u a r y 2 3 $ 9 9 5 ,6 1 5 , a g a i n s t $ 4 8 7 ,9 0 5 . T h e r e s e r v e f u n d f o r d e p r e c i ­
a t i o n a n d g e n e r a l a n d e x t r a o r d i n a r y r e p a ir s o f s t e a m e r s h a s b e e n
I n c r e a s e d t o t h e s t a n d a r d o f t h e E n g li s h c o m p a n i e s , i. e „ l i v e p e r o e n t
u p o n t h e v a lu e o f t h e s t e a m e r s .

Interest Charges and Surplus.—The following roads, in
addition to their gross and net earnings given in the fore­
going, also report oharges for interest, &o., with the surplus
or defioit above or below those charges
I n t .f r e n t a l s , <£c.—
1899.
1898.
R oad s.
$
3 4 2 ,5 0 1
O h io . R . I s l. A P a o . - . F e b .
3 2 2 ,8 5 2
A p r . 1 t o F e b . 2 3 . . . . 3 ,5 5 1 ,3 7 0 3 ,7 6 7 ,5 1 1
C h o o . O k la . & G u l f . . F e b .
N ov. 1 to F eb. 2 3 ....
Denver A R i o G r ’d e . F e b .
J u ly 1 t o F eb. 2 8 . . . .
N o r f o l k & W e s t e r n .. F e b .
J u ly 1 to F eb . 2 8 . . . .
T o l e d o A O h io O e n . . F e b .
J u ly 1 to F eb . 2 8 . . . .

- B a l . o f N e t E a r n s .1899.
1898.
$
$
2 3 4 ,6 1 6
3 5 2 ,1 8 0
3 , 5 4 3 ,4 4 3 2 ,9 9 3 ,4 3 8
20,000
2 1 ,5 0 0
1 4 ,5 0 9
3 0 ,2 6 8
7 8 ,0 0 0
8 6 ,0 0 0
2 2 6 ,4 1 9
1 7 2 ,1 7 6
1 8 8 ,7 2 0
2 1 4 ,1 7 1 * d e f .3 5 ,7 0 9
* 5 ,1 4 7
1 ,5 8 4 ,0 1 5 1 ,6 5 9 , 2 1 2
* 9 7 9 ,7 1 7
* 6 4 7 ,8 1 6
1 8 5 ,7 9 7
2 5 ,2 4 0
5 5 ,4 1 1
1 8 6 ,3 8 5
1 ,4 8 8 .8 6 7 1 ,4 9 3 ,3 3 6 1 ,0 9 9 ,5 2 3
9 1 5 ,2 7 8
* 1 3 ,7 9 1 ’ d e f .6 ,8 3 5
4 0 ,2 5 0
3 6 ,4 4 8
3 1 1 ,5 3 1
* 7 3 ,9 0 5
* 4 6 ,0 9 5
3 3 1 ,0 4 8

STREET RAILW AYS AND TRACTION COMPANIES.
The following table shows the gross earnings tor the latest
period of all street railways from which we are able to ob­
...............
tain weekly or monthly returns. The arrangement of the
For the moath of March 85 roads (all chat have fur­ table is the same as that for the steam roads—that is, the
nished statements for the full month as yet) show aggregate first two columns of figures give the gross earnings for the
latest week or month, and the last two columns the earnings
results as follows :
for the calendar year from January 1 to and including such
M o n th o r M a r c h .
1898.
1899.
In crea se.
latest week or month.
P e r O ent.
4 8 ,0 2 5

STRE ET
6 -3 9

It will be seen that there is a gain on the roads reporting in
the amount of $2,396,482 or 6-39 per cent.
Net Earnings Monthly to Latest Dates.—The table follow­
ing shows the gross and net earnings of S t e a m railroads
reported this week. A full detailed statement, including all
roads from which monthly returns can be obtained, is given
onoe a month in these columns, and the latest statement 01
this kind will be found in the C h r o n icl e of March 18,
1899. The next will appear in the issue of April 22, 1899.
.— G r o ts E a r n i n g s .—
1899.
1898.
R oads.
4
$
O b lc . R . I s l.A P a n .a ,F e b .| 1 , 5 0 1 ,5 5 7 1 ,6 8 9 ,8 1 7
J a n . 1 t o F e b 2 8 ........ 3 , 0 1 1 ,4 0 4 3 ,1 2 4 ,8 5 4
A p r . 1 t o F e b . 2 8 ........ 1 9 ,7 1 4 ,5 5 2 1 8 ,3 8 0 ,7 2 4

-------N e t E a r n i n g s .-----1899
1898.
5 5 7 ,4 6 8
1 .0 6 0 ,5 4 9
7 ,0 9 4 ,8 1 3

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

C h io .T e r m .T r a n s f .b .F e b .
J a n . 1 t o F e b . 2 8 ........
J u l y 1 t o F e b . 2 8 ........

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

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

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

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

C h o o ta w O k l. * G .b . .F e b .
J a n . 1 t o F eb . 2 8 ........
N o v . 1 t o F e b . 2 8 ........

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

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

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

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

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

53,
1 3 4 ,3 3
543 4 4

C o lo r a d o F u e l ............ F e b .
J a n . 1 t o F eb . 2 8 . . . .
J u l y 1 t o F e b . 2 8 ___
C o l o r a d o * 8 o . . b ........ F e b .
J a n . 1 t o F e b . 2 8 .........

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

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

Gsoss
E a r n in g s .

R A IL W A Y S

AND

T R A C T IO N
n in g s.
1 8 9 7 -8 .
$
4 ,8 6 4
4 3 ,3 8 7
3 .6 4 5
6 .2 2 1
1 5 2 ,4 2 4
5 ,8 6 0
1 0 ,9 4 6
2 1 ,6 7 1
1 9 ,6 3 3

A k r o n B e d f ’ d A C le v . F e b r u a r y . 1 4, .853
A l b a n y R a i l w a y ......... F e b r u a r y . 4 6 , ,624
A m s t e r d a m S t. B y . . . F e b r u a r y . !
4, ,060
A t l a n t a R a i l w a y ........ J a n u a r y . . . 1 6, 5 7 1
B a lt i m o r e C o n . R y ,* ... F e b r u a r y . 1 4 2 , 6 9 0
B a y C it ie s C o n s o l ___ F e b r u a r y . \ 6, 5 0 0
B in g h a m t o n S t. R y . .. F e b r u a r y .
9, 4 7 6
B r id g e p o r t T r a c tio n . F e b r u a r y . 20, 4 8 9
B r o o k t o n C o n . S t. R y . F e b r u a r y . 1 2 0 , 9 7 0
B r ik ly n R a p . T r . C o . B r o o k l y n H e ig h t s 1
B ’ k l y n Q ’ n s A S u b . ) M a r c h ___ t 7 9 9 ,5 4 1 7 3 2 ,4 5 8
C h a r le s t o n C i t y R y . D e c e m b e r . 1 3 ,6 6 9 1 3 ,5 4 9
C in . & M ia m i V a l..
J a n u a r y .. .
8 ,4 7 4
4 ,3 2 9
O tty E le o . (R o m e .G a . > F e b r u a r y .
1 ,5 4 7
1 ,6 3 9
C l e v e l a n d E l e c t r i c . . . F e b r u a r y . 1 3 0 ,6 3 " 1 2 5 ,8 9 4
O le v e . P a in s v . A E .
F eb ru a ry .
6 ,1 9 2
5 ,1 3 4
C o lu m b u s S t. R y . (O .) M a r o b ......... 5 7 .2 9 5 5 2 ,2 7 9
D e n v e r C o n . T r a m w . F e b r u a r y . 5 6 ,2 2 8 5 1 ,1 2 9
D e t r o i t O ltl’ n s ’ S t .R y 4 th w k M a r 3 3 ,7 4 3 2 8 ,5 3 0
D e t r o it E l e c . B y .......... 4 t h w k M a r 1 2 ,0 0 3
1 0 ,4 0 3
D e t r o i t F t. W a y n e A
B e l l e I s l e .................... 4 t h w k M a r
5 ,1 0 7
4 ,6 6 5
O u ln t h S t. R y ............. F e b r u a r y . 1 4 .8 8 6 1 4 ,3 6 0
E rie E le o . M o t o r ......... D e c e m b e r .
1 2 ,4 1 7 1 2 ,1 8 7
G a lv e s t o n C i t y R y . . . F e b r u a r y . 1 5 ,9 2 0
H a r r i s b u r g T r a c t i o n F e b r u a r y . 1 7 ,1 7 9 1 7 ,3 1 8
H e r k im e r M o h a w k 11
ion & F 'k f o r t E l. R y . F e b r u a r y .
2 .9 6 2
3 ,1 7 2

--

C O M P A N IE S .
J a n . l to L a t e s t D a t e
1 8 9 8 -9 .

1 8 9 7 -8 .

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

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

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

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

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

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

6 ,3 2 6

6 ,0 6 2

3 5 ,8 1 5

THE CHRONICLE.

A p r il 8. ie«9 ,j
L a test G rogs W a r n in g s .

G r o ss
E a r n in g s .

W s e k o r M o 1 8 9 8 -9 .

1 8 9 7 -8

J a u . 1 lo L a te s t L a i .
1 8 9 8 -9

$

$

H o u s t o n E le c . S t B y
I n t e r s t a t e C o n s o l. 01
N o rth A t t le b o r o ...
K in g s t o n W t r R y . . .
L e h ig h T r a c t i o n . . . . .
L im a R a il w a y (O h io )
L o n d o n S t R y (C a n .)
L o r a in S t R a ilw a y ..
L o r a in A C l a v e . .. . ..
L o w e ll l a v . A H a v .
M e tr o . W . S id e (O h io.
M o n tre a l Street R y .
M u a o a t ln e S t R y ____
N a s h v ille S t R y ........
N a s s a a E le c , I B k l y .
N e w b o r g S t R y ____
N ew L on d on 8 t. R y .
N e w O r le a n s T r a c tlo i
N o r t h C h ic , S t . B y . .
N o rth S h o re T r a c tlo i
O g d en sb n rg S t R y ..
P a t e r s o n R y ___ . . . . .
R o i b ’ h C h .H .A N o r ’ i
B c h n y U d ll V a l. T r a c
S cra n ton A C a rb on d V
S cra n to n A P ltta to n
S c r a n t o n R a i l w a y .. ..
S t a t e n I s la n d E l e c . .
S yracu se R ap. T r. R y
T oron to R y ....
.....
T w i n C ity R a p . T r a n
U n io n (N B e d f o r d ) ..
U n it e d T r a c t . <PU to.i
U n it e d T r a c t ( P r o v . ,
C a l l . T r a c . j R e a d ln g i
W a k e fie ld A S t o n e . ..
W a t e r b a r y T r u o t io u .
V e s t O h io a g o S t R y
W ilk e s A IVy. V a i . . .

J a n u a r y .. .
F eb ru a ry .
F eb ru a ry .
F eb ru a ry .
F eb ru a ry.
F e b iu a r y .
J a n u a r y .. .
F eb ru a ry .
F eb ru a ry .
J a n u a r y .. .
F eb ru a ry .
J a n u a r y .. .
F eb ru a ry .
F eb ru a ry .
F eb ru a ry .
F eb ru a ry.
F eb ru ary.
F eb ru ary.
F eb ru a ry.
F eb ru ary.
F eb ru a ry .
F eb ru a ry .
F eb ru a ry .
F eb ru a ry
F eb ru a ry
F eb ru a ry .
F eb ru a ry .
F eb ru a ry
:
F eb ru a ry .
F eb ru ary
J a n u a r y .. .
F eb ru a ry .
F eb ru a ry
F eb ru a ry .
F eb ru a ry
W k A pi. a
F eb ru a ry,

1 6 ,6 8 8
8 ,7 1 8
3 ,7 0 6
6 ,9 6 9
3 .3 2 1
7 .3 9 1
e ,7 6 0
4 .7 3 0
2 7 ,6 6 2
1 1 6 ,7 1 0
1 1 3 ,8 3 8
5 ,0 6 4
2 1 .7 1 2
1 0 8 ,1 6 9
3 .7 2 9
2 197
1 0 7 .2 C 9
2 0 3 ,1 8 s

6,6sS

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

1 2 7 .0 8 2
4 326
2 ,5 0 3
1 1 2 ,3 4 5
2 0 5 ,4 3 5
86,111 8 3 ,8 5 7
1 ,0 9 5
775:
2 3 ,0 5 9 2 5 .1 4 1
6 ,0 1 4
4 .4 9 8
2 ,8 2 0
5 .-2 1
2 ,4 4 1 :
1 ,8 4 6
4 ,1 0 3 ,
3 ,0 1 4
2 4 ,9 0 1 2 7 , 1 7 11
9 ,1 0 0 1 0 ,9 6 9
3 7 ,6 2 1 3 4 ,3 7 1
1 0 3 .2 3 5 9 2 ,3 1 9
1 7 8 ,8 2 9 1 5 1 ,8 2 6 ’
1 1 ,1 8 8 I 1 3 .2021
1 1 9 ,5 9 0 j 1 1 6 ,8 9 1
1 2 1 .0 0 7 1 1 6 ,6 7 8
1 1 ,3 0 8
1 1 ,7 6 ?
2 ,7 5 4
2 ,6 7 9
2 0 .1 4 2
2 0 ,0 7 9
7 7 ,6 1 2 7 4 ,2 1 4
3 1 .8 5 1
3 8 ,3 5 1

S

1 6 ,6 6 6

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

1 8 9 7 -8

1 9 ,4 7 2
7 .9 7 8
1 5 ,3 2 1
6 ,7 4 3
1 5 .5 8 5 '
6 ,7 c 0
9 ,7 9 0
6 0 .3 4 1
1 1 6 .7 4 0
2 3 9 ,1 ) 4 1
5 .0 64!
5 4 .7 6 2
2 5 3 .2 3 5
8 ,6 1 7 ;
5 .4 1 6
2 1 7 .2 4 0
4 2 7 ,7 0 6
1 9 0 ,7 4 7 1
2 ,2 7 7
5 2 ,2 2 4
1 1 ,0 2 5
7 ,0 6 0
4 ,2 3 1
7 ,2 8 0 ;
5 5 ,2 0 8
2 1 .4 9 6 ;
7 -. 221
290 735
3 6 7 .8 3 3
2 9 ,6 0 5
1 1 9 .5 9 0
2 7 0 ,7 9 9
2 5 .3 4 1
6 ,3 3 0
4 3 ,2 0 2

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

202,52 i
9 ,2 4 7
5 ,4 9 1
2 1 9 ,5 6 7
4 3 0 ,8 5 7
1 8 2 ,7 2 1
1 ,8 1 9
5 2 .0 0 3
1 0 ,2 8 8
7 .8 9 0
5 ,3 3 2
8 .8 9 1
5 7 ,3 3 7
2 2 ,9 2 2
7 1 .9 5 8
2 6 1 ,2 8 3
3 1 7 ,0 7 6
2 9 .0 0 4
1 1 6 ,8 9 1
2 5 5 ,2 5 6
2 4 ,1 3 2
0 .3 6 8
4 2 ,3 7 7

7 2 .5 6 7 1

7 0 .7 0 ,

* I n c lu d e * B a lt i m o r e T r a c t i o n a n d C i t y A S u b u r b a n f o r b o t h y e a r * .
1 T h e s e r ig o r s * I n c lu d e r e s u l t s o n B r o o k l y n R a p i d T r a n s i t , B r o o k l y n
E le v a te d a u d N a n » u E le c t r ic .

Street Railway Net Earnings.—The following table givet
the returns of Street rail way gross and net earnings received
this week. In rep rting these net earnings for the street rail­
ways, we adopt the same plan a* that for the steam roads—
that Is, we print eaoh week all the returns received that
week, but once a month (on the third or the fourth Saturday)
we bring together all the roads furnishing returns, and the
latest statement of this kind will be found in the CHRONICLE
of March IS, 1899. The next will appear in the issue oi
April 23, 1899.
R oa tir.
D u lu t h S t r e e t K v . F e b .
Jan . 1 to F eb. 2 3 . ..
J u l y 1 t o F e b . 2-3
G a lv e s t o n C ttv R y .F e b .
J a n 1 to F eb. 28 ...
L o r a in S t- B y . . . . . . . . J a n .

1899.
*
1 4 ,8 8 8
3 0 ,9 7 4
1 4 3 ,3 3 3
1 5 .9 2 0
3 4 ,9 0 6
6 ,7 0 0

1893.
t
1 4 ,3 6 0
3 0 ,4 3 1
1 3 5 .7 6 5

.Y et R a r n i n g t . 1899.
189*.
3
*
5 .7 4 *
5 ,8 9 1
1 2 .4 IV
1 2 ,3 2 6
6 8 .4 6 0
U 6 > la 2

3 ,9 6 1

2 .4 8 1
6 75.
3 ,6 8 8

1 ,8 2 6

ANNUAL REPORTS.
Annnal Reports,—The following is an index to all annui 1
reports of steam railroads, street railways and miacellaneoci
OO-apanics which have been published since the last edition!
of the I nvestors’ and Street R a il w a y S upplements.
This index does rtof include reports in to-day's C hrosiclb
R a i l r o a d s a n d M i s c . C o '* —
V o lu m e 6 9 —
P a ge,
A m sr 8*11
C o . ...........
o l*
Am w.
TwiF^rfikpn C o ............
t2«
Araortean
m w H oard....... ........
3*7
Am ur, rnftar K eflnlng Co.
I Bat. NJwt Of Ore. 3 1 ,1 * 4 6 ) ...
*71
A n n Artri/r R R - .....................
27*
A tla n tic A n a n rlll* R R .........
ftalt. Cl***- k M l . . . . . . . . . a..*
667
B rooklyn w h * r f A W w i a o r n * . .
bxs
Bttf). Led. Kao* A N or —
.......
MP :
Canadian Rartile.. ,
376. 61®, 646

O n u n i RR. o f ■». J
Central Union Telephone.
C bleagn A

tT*

R a i l r o a d a n d M i* . O o '» , — ( C o n ) —
V o lu m e 0 8 —
P a g e.
N ational B U c a li.... . . . . . . . . . . . . . .
a*7
N ational L «a d .......... ..... ...............
327
> aU on al Starch i f f * . Co
.......
8v8
N ew T o r t & New Jersey T e l . .. .. .
(R
Nor» h e ro C entral HR. .. *4,875.
58%
Ooeooi* Gon*ot. Minina ............... \ - b
Penn. M fg . Light A Power..........
PennrylearilA rtR........ ................
______ ( ___ __________ . . . . . . . .
* ;q
l*esra*rlf anh | m o ______ . . .
C
“
* ia
M»
Pnoplt** « jm
»
A Cok** o f
HCbtnwfo I ............................... *80 827
i _____■

Pblla. & K f l e ........ . .................. .
27S> Phil. WUro, A Balt.................
376

*26
885

.

PUtN. c m . 0IU«. A ML l a . . ...........016, 621
CbJ*. Jon«. Ilf*. A Union Stock
Q uin cy Mlnintf Co
60V
K , St. lam ia S oaU »w o*t«m Ry.
W
Y a rd * ................ ................. .........
Okie. St Paul Minn. A Omaha. .
AT ( tu t.
Sl
o j Nov. ao. v m y . . . .
................................................... |
___
CblcakO T eU p h on *
Santa F e Pre*. A V h *xnlx„lfE u*‘
Chifaffo X W**t , ichigan.. . . . . 876 ra#nl to a 1’ . St.exk E re f a n ? * ,. 820
M
V.
C om m *rcU l Cable C > . . , .
*71
80 . N ew R n g, T e le p h o n e .............. 828
C o n a o l- O u o f If. ! . , » . * ............
35P? S faod . U nderground Cable O o ...
M
B
Connol. C o a l . . . . ..........
877 Statron IJ o h n B .) C o ... . . . . . . . . . .
m
Del. A H a d r o n C a n al..............376»
Add S treet'* W estern Stable Car Line
Slit
f>*1, L a c k .A W e d .R R ................,
\»t T e n m CoM . Iron A R R
607
......
fie t. G ra n d Rap. A W . * t............ .
rrr« T erm . B * . A a a n .o f St. Lcrala—
518
-----------— isH , Texaa A Paolllc
Diamond Maton
6 fl
................ . . . . .
Rdlaoo Elec. III.Co. o f N. T
T am arack M ining ..........................
*26
G rand Rap. A Ind, R y ............
.
615 U nion S w itch At SlgnAi C o . . . —
*71
G rand T r u n k .... . . . . .
876 V . s . I^ a th o r
............ ..
377
If on ?, k Broad T o p M ountain
27B
Weatern Maryland
R R . A Coal..................... ..........
STRKicT R a i l w a y * .
I>e»I*b Coal A N ariga tion — 0 6 ,
M&raden Company...... ............. ..
3 ^8
V o lu m e 6 8 —
P a g e.
Mexican OnrraJ —
376 Col am h ot Street R y . . . ............ ..
$3*
n International R R — I M B LouWrllN r j.)S
___________________ J B _____■ ...... 615. 620 _________ l i nK j p B t. B y...........
870
M e ilca n N ational R R ....... ..........*14,084 T w in C ity tM>nneapoM*, M inn.)
l u w r a r l P a c ttte ......... ....................
6t o 1 Rapid T r a n s i t ....................3 7 6 ,
622

Fort Worth & Denver City Kail way.
( Report for the y eir ending Dec. SI, 1898.J
Vice-President Morgan Jones says in t a r t:
G e n e r a l R e r u n * . - T b e y e a r s h o w * » n I n c r e a s e In g r o s s o a r n l n g s o f
1 5 9 .8 0 4 . O f h i* 3 1 6 .1 9 8 w a s f r o m p a * * e D g e r t r a ffic anrl 3 1 1 5 ,6 2 6
r o m f r e i g h t t r a ffic . A b o u t o n e h a l f o f t h e i n c r e a s e In p a s s e n g e r
e a r n i n g s w * . f r o m l o o a l p a s s e n g e r l> a s ln e »e , w b io h s h o w s t h e Im ­
p r o v e d c o n d i t io n o f t h e c o u n t r y t r ib u t a r y t o o u r lin o .
T h e f r e i g h t I n c r e a s e w a s d e r i v e d l a r g e l y f r o m th e I n c r e a s e In g e n a ra l b u s in e s s g r o w i n g o n t o f t h e I m p r o v e d c o n d i t i o n s o f o n r o o n n t r v .
T n e l i v e s t o c k i n t e r e s t , w h ic h f o r m * o n e o f t h e h e a v i e s t I t e m s o f th e
t o n n a g e f b e t o g 2 0 pe- c e n t t h e r e o f In 1 9 9 8 ] s h o w e d a l a r g e d e c r e a s e
a s c o m p a r e d w it h l a s t y e a r , d u o t o v a r i o u s c a u s e s , j r h o l p a l l y th e

?

607

b u ild in g o f th e P e c o s A N o rth e r n T e x a s r o a d , fr o m A m a r illo t o R o s ­
w e ll. T h e p o t a t o a n d v e g e t a b l e b u s i n e s s f r o m C o l o r a d o , a l w a y s a n
i m p o r t a n t it e m o f t o n n a g e d u r i n g t h e f a l l a u d w in t e r m o n t h s , s h o w s
a s lig h t d e c r e a s e , w h ile t h e r e Is a l a r g e i n c r e a s e i n t h e m o v e m e n t o f
g r a i n , B o a r , e t c ., f r o m C o l o r a d o t o T e x a s p o i u t s , T .i e w h e a t c r o p
t r ib u t a r y t o t h e lin e w a s s h o r t , b o t h l a q u a n t i t y a n d q u a li t y .
Che
c o t t o n m o v e m e n t f o r t h is y e a r w a s s u b s t a n t i a l ly t h e s a m e a s t h a t o f
1 8 9 7 , w h ile t h e a c r e a g e w a 3 l a r g e r . T h e t h r o u g h m e r c h a n d i s e b u s i ­
n e s s fr o m th e A tla n tic s e a b o a r d t e r r it o r y to C o lo r a d o a n d U ta h w a s
s e r io u s l y i n t e r f e r e d w it h b y t h e S p a n is h w a r , b u t d u r i n g t h e l a t t e r
p a r t o f t h e y e a r h a s s h o w n a v e r y g r a t i f y i n g in c r e a s e .
R en ew a ls.— O u r o p e r a t in g e x p e n s e s h a v e in c r e a s e d th e la s t s ix
m o n th s , p r e p a r in g th e r o a d f o r h e a v ie r r o llin g s t o c k a n d r e p la c in g
c a r s d e s t r o y e d s e v e r a l y e a r s a g o . W e h a v e r e b u ilt 6 2 o ld o b s o le t e
s t o c k o a r s i n t o b o x c a r s , s o t h a t n o w t h e e q u i p m e n t is In g o o d c o n ­
d i t i o n , e x c e p t 1 7 5 o l d s t o c k o a r s o u t o f u s e . A l l o u r e n g in e s a r e i n
g o o d c o n d i t i o n Tor s e r v i c e ; 4 5 2 c a r s h a v e a u t o m a t i c o o u p l e r s a p p li e d
2 0 o f o u r e n g i n e s h a v e n e w a ir b r a k e s , a n d p r o v i s i o n h a s b e e n m a d e
f o r o v e r o n e h a l f o f th e a ir -b r a k e s r e q u ir e d o n o a r s o u t o f 1 8 9 8
e a r n in g s .
T h e r o a d - b e d is w e ll ti d . a b o u t 9 0 , 0 0 0 h a v i n g b e e n p u t In t h e l a s t
s i x m o n t h s , m a k i n g 1 5 6 ,4 7 0 t ie s p l a c e d i n t r a o k d u r i n g t h e y e a r .
T h e r e h a s b e e n e ig h t e e n m il e s o f 8 0 a n d 0 5 p o u n d r a i l b o u g h t a n d
p a i d f o r d u r i n g t h e y e a r t o r e p l a c e l i g h t r a i ls . O n e H u n d r e d a n d f if t y
l in e a l m il e s o f f e n c i n g h a s b e e n c o n s t r u c t e d d u r i n g t h e y e a r , t h u s
l e a v i n g a b o u t 2 7 p e r c e n t o n l y o f t h e e n t i r e r o a d w i t h o u t fe n c e s .
R o a d - b e d a n d r o l l i n g s t o o k h a r e b e e u k e p t In a f a i r l y g o o d c o n d i t i o n ,
P n s s p c c t s —T h e u r o s p e o t s a t t h is t im e a r e g o o d f o r n e x t y e a r 's
crop-*, h a v i n g h a d a n u n u s u a l a m o u n t o f m o is t u r e t h o l a s t t w o
m o n t h s . T h e a c r e a g e o f w h e a t p u t In Is l a r g e l y In e x c e s s o f l a s t
y e a r , a u d th e p la n t n o w lo o k s h e a lth y .

The revenue per ton per mile was 1'08 cents and per pas­
senger per mile 2'49 cents.
Statistics.—Earnings, expenses and charges for the year:
1898.
E a r n in g s —
$
PiMhseCK^r................................ . 2 9 6 ,1 4 7
F r e i g h t . .................................... . 1 .0 7 4 .6 2 3
M a ll, e x p r e s s , e t c ............. . 1 0 8 ,3 0 5

1897.
$
2 5 0 ,2 5 1
9 5 8 ,9 9 0
1 1 0 ,5 8 4

1896.
$
2 2 8 .7 7 4
6 7 8 .4 2 8
1 0 3 ,6 7 8

1895.
$
2 4 2 ,8 3 2
7 3 6 ,7 1 8
1 0 7 ,1 5 1

T o t a l ................................... . 1 ,4 7 9 ,4 3 5
E xp en ses—
M a in , o f w a y A u t r u c t u r e s 2 3 7 .6 5 4
M a in , o f e q u i p m e n t .......... . 2 1 0 ,5 9 3
C o n t lu m ln * t r a n s p o r t a 'a . . 5 3 2 ,9 9 1
G e n e r a l .................................... .
5 6 ,3 8 7
T a x ® * ,....................................... .
3 5 ,2 8 8

1 , 3 1 9 ,8 3 1

1 ,0 1 0 ,8 8 0

1 .0 8 6 ,7 0 1

1 8 4 .8 5 2
1 5 8 ,4 0 3
•167,472
5 5 ,1 0 5
3 9 ,8 5 3

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

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

T o t a l ................................... 1 ,0 7 2 ,9 1 3
N e t e a r n i n g s .......................... . 4 0 0 .5 2 2
1 7 ,9 8 1
O t h e r I n c o m e ........ ................ .

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

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

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

4 2 8 ,6 6 6

2 1 0 ,7 2 2
1898.
$
4 2 4 ,4 0 3

2 1 9 ,1 6 0
1897.

S u r p l u s . . . . ...................... .

4 2 1 ,4 0 3

N e t I n c o m e ...................................................................
D e d u c t io n * —
I n t e r c u t o n b o n d * . . . . ................................................................ 3 3 7 ,1 0 2
R e n t a l * .............................................................................................
1 0 ,0 0 0
B e t t e r m e n t * ..................................
1 6 ,3 5 8
K e c r g a n lx a t l o n e x p e n » e * , e t c ............................................
9 .8 0 3
T w o p e r c e n t o u p r e f e r r e d s t u c k ..........................................................

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

10,000
1 4 ,4 1 1
« ,t ) 5 0
5 1 ,1 0 0

S u r p l u s f o r y e a r . . . ............................... .......................
5 1 ,1 1 9
1 7 ,7 1 5
OKNEKS) BALANCE SHEET DEC. 3 1 , 1 8 9 8 .
.1 r e e l s —
I .ia b iU U t r C o s t o f r o a d a n d S x t $ 1 7 , 4 1 7 . 0 ) 0 C a p it a l s t o c k .................. $6, 8 2 0 ,0 0 0
2 1 ,8 3 1 C a p utk .in t . b e a r in g ..
2 a i 6 ,o o o
R e a l e s t a t e ..................
A c c o u n t * <o l l e c t l b l e . .
6 8 ,2 9 9 F ir s t m o r . b o n d * ____
8 1 7 6 .0 0 0
1 6 5 ,8 9 0 “
BU I* r e c e i v a b l e . . . . . .
1 6 0 .0 0 0
Equlpm’t trust bonds,
8 5 .3 4 6 i n t . c u e a n d u n p a i d .,
M a t e r ia l* a n d « u p p l t e «
8 ,3 0 0
C a * h e n h a n d ..................
1 1 9 ,4 - 0 F u n d e d I n te l o s t ...........
1 ,2 0 3 ,5 5 7
In v estm en ts. . . . . . . . . .
6 8 6 ,5 8 4 A c c o u n t s p a y a b le ........
1 4 9 ,4 9 4
5 3 7 ,7 9 3
P r o lit a n d i o n s . . . . . . . . .
I n t. a c o r n , n o t y e t d u o .
2 9 ,9 2 0

Total assets...___$19,102,270

T o t a l l i a b i l i t i e s . .. . $ 1 9 , 1 0 2 , 2 7 0

—V. 66, p. 810,

St. Louis Vandalia A Terre Haute RR.
t

(R eport for year ending Oct. 31, 1898.)
Burning*, Bto.—Operations, earnings, etc., have been :
OPERATIONS AND EISCAI, RBaOLTS—LESSEE'S RE PO ST.
1 8 9 5 -9 6 .
1897 98.
1 8 9 6 -9 7 .
1 8 9 4 -9 5 .
F r© l£'t(U >M )tQ O Y ftd..#l .4*<3 0 5 1 $ i , r 3 o , o n
$ 1 ,2 2 1 ,0 5 5 $ 1 ,3 7 0 ,9 * 6
A v r a t e p . t 'n p , m ile
0 * 6 5 9 o ta .
0 -8 1 9 cts.
0 - 8 i 6 ota .
0 8 3 8 S ts.
P n * »r * :e r e a r n in g s
$ 3 6 7 ,2 3 9
$ 3 9 4 ,1 8 7
$ 4 2 1 ,1 8 2
$ 4 1 0 ,3 0 5
8 7 9 ,7 6 3
F r e i g h t .......... ................
1 ,0 4 0 ,3 7 5
1 ,0 5 8 ,5 2 1
9 2 w,2 4 5
2 0 3 ,2 1 1
2 0 0 ,4 5 9
M a il e x p r e s a , e t c . . .
2 7 4 .0 7 7
2 6 7 ,1 2 1
T o t a l g r a s * e a r n . . $ 1 ,7 0 8 ,6 3 9
M a in , o f w a y ,
...
$ 1 8 8 ,5 7 3
1 9 8 .8 8 7
M a in , o f A q u lp m u n t
7 9 4 ,0 0 2
C o m T ln g tr n n a ’ t lo n .
G e n e ra l e x p e n e e e ..
3 s ,5 7 1

* 1 ,5 0 7 ,4 6 1
$ 1 1 2 ,0 3 1
193 3 0 0
7 0 2 , '9 9
3 9 ,0 5 9

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

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

T o t a l o p e r . e x p , . ,$ 1 ,2 2 0 , 8 3 3
$ 4 8 7 ,8 0 6
N e t e a r n i n g * ...............

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

$ 1 ,4 2 0 ,8 2 7
$ 1 8 0 ,8 1 1

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

LN'COMK ACCOUNT OP »T . LOUIS VANDALIA & T8RRK HAUTE.
1890*97.
1 8 9 5 -9 0 .
11*97 9 8 .
1 8 9 4 -9 5
$ 4 8 4 ,0 9 2
$ 5 2 0 ,7 8 5
$ 5 1 2 ,5 9 2
$ 1 5 2 ,2 3 9
105
132
1 .5 3 5

R e n t a l , 3 ' p . c .e a r o . .
O t h e r r e c e i p t * ............
T o t a l .........................
D e d u c t — In t-’ r e s t . . .
T a x e a .......................
G en era l & m U e ...

$ 5 1 4 ,1 2 7
$218 840
6 7 ,7 6 9
3 6 ,9 5 4

$ 4 5 2 ,3 7 1
$267*355
0 1 .1 1 5
2 7 ,4 5 1

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

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

$ 3 5 5 ,9 2 1
$ 3 9 7 ,0 1 3
$ 3 2 3 ,5 6 3
$ 4 0 3 ,2 8 8
T o ta l d la h u r e e ta
t $ 8 0 ,5 8 4
$ 9 6 ,4 5 0
B a la n c e , B u r p l u s . .. . .
$ 1 9 0 ,5 6 4
( $ 1 1 7 ,4 0 7
* T h e l o s s t o le s s e e w a s In 1 8 9 4 -9 5 , $ 2 4 7 ,9 0 2 ; i n 1 8 9 5 -9 6 , $ 2 9 7 ,2 7 9
In 1 8 9 6 9 7 , $ 1 9 2 ,6 6 5 ; In 1 8 9 7 -9 8 , $ 2 4 ,7 8 5 .
G E N E R A L ACC O U N T O CT. 3 1 , 1 8 9 8 .

Or.—
R o a d a n d e q u i p m e n t . . . $ 8 ,7 3 6 ,3 8 0
T . H . A In d . R k . C o
6 3 ,9 8 9
T . H . A I n d . K R . R t c c 'r
1 4 7 ,2 5 9
P e n n . C o m p a n y ...............
2 1 7 ,6 7 5
C a s h f o r I n t e r e s t .............
5 ,0 4 0

T o t a l ............................... $ 9 ,1 7 0 ,3 4 3
- V . 67 , p. 1305.

O r .—
C o m m o n s t o c k ...................$ 2 ,3 7 9 ,3 5 8
P r e f e r r e d s t o c k ................ 1 ,5 4 4 ,7 0 0
F lr a t m o r t . b o n d s ............ 1 ,8 9 0 ,0 0 0
S e c o n d m o r t . b o n d * ___ 2 , 6 0 0 , 0 0 0
C o u p o n * p a s t d u e ...........
5 ,1 4 5
I n t a c c r u e d on b o n d s ..
2 5 ,2 8 0
I n c o m e a o s o u n t ...............
7 1 9 ,8 6 0
T o t a l ............................... $ 0 , 1 7 0 , 3 4 3

THE CHRONICLE.

608

G E N E R A L ACC O U N T D E C E M B E R 3 1 , 1 8 9 8 .

Panama Railroad Company.
( Report fo r the year ending Dec. 31, 1898.)
President J. Elward Simmons says in substance:
B o n d s . —T h e r e d e m p t io n o f t h e 7 p e r c e n t s t e r li n g b o n d s w a s e n ­
t ir e l y o »m p i e t e d a n d t h e m o r t g a g e c a n c e l e d o f r e c o r d .
B y th e o p e r a ­
t io n o f th e s in k i n g f u n d c la u s e o f th e n e w 4*2 p e r c e n t g o l d b o n d
m o r t g a g e ( a u t h o r iz e d is s u e o f $ 1 ,0 0 0 ,0 0 0 ) t h e o r ig in a l i s s u e o f $ 2 ,OOO.OOo h a s b e e n r e d u c e d b y r e d e m p t io n a n d c a n c e l l a t i o n o f 1 4 1 b o n u s
t o $ 1 , 8 5 9 ,0 0 0 . th e p r e s e n t t o t a l o f t h e c o m p a n y 's o u t s t a n d i n g m o r t ­
g a g e l ia b il i t y . A f u r t h e r is s u e o f 9 3 2 o f t h e s e b o n d s w a s a u t h o r i z e d
fu o r d e r t o p r o v i d e a s m a y b e n e c e s s a r y f o r c o n t r a c t p a y m e n t s a t
m a t u r it y i n 1 9 0 2 , o r e a r lie r , a t t h e c o m p a n y 's o p t i o n , o n a c c o u n t o f
in d e b t e d n e s s iu o u r r e d in t h e c o n s t r u c t i o n o f t h e L a B o c a t e r m in a l.
T h e 6 p e r c e n t s u b s i d y b o n d s , d u e in 1 9 1 0 , h a v e b e e n r e d u c e d b y r e ­
d e m p t i o n a s ’ p r o v t d e d b y t h e ir s in k i n g f u n d c la u s e f r o m 1 ,7 3 2 t o 1 ,6 1 1 .
P a c i f i c M a i l S 3 . - T h e P a c it ie M a ll S t e a m s h ip C o . a v a i l e d , i n S e p ­
t e m b e r la s t , o f its o p t i o n t o e x t e n d t h e c o n t r a c t o f D e c . 1 6 . 1 8 9 o , f o r a
fu r th e r p e r io d o f t w o y e a r s to D o c . 1 6 ,1 ,9 0 0 , a n d th e c o n t r a c t o f 1 8 7 2
w it h t h a t c o m p a n y , w h ic h w a s a n i m p e d im e n t t o t h i s c o m p a n y a d e ­
v e lo p m e n t , h as b e e n a b r o g a t e d a n d c a n c e le d .
.
_
.
g e n e r a l R e s u l t s .— T h e c o m p a n y ’ s b u s in e s s w a s s e r io u s l y a f fe c t e d
b y the w a r w it h S p a in , w h ic h , d u r i n g i t s c o n t in u a n c e , c a u s e d a n a l ­
m o s t t o t a l s u s p e n s i o n o f p a s s e n g e r t r a ff i c b y o u r s t e a m s h ip l in e , t o ­
g e t h e r w it h a l o s s o f c o a s t w i s e t r a ff i c b o t h w a y s .
B u s in e s s w it h o u r
f o r e i g n c o n n e c t io n s w a s r e l a t i v e l y im p a ir e d . T h e c o m p a n y , h o w e v e r ,
c o n t in u e d t o o p e r a t e its lin e b e t w e e n N e w Y o r k a n d C o lo n i( t h e v e s s e l s
o f w h ic h a r e o f A m e r i c a n r e g i s t r y ) a n d t o m e e t t h e l a r g e o u t l a y n e c e s ­
s a r y f o r w a r -r is k in s u r a n c e u p o n t h e s t e a m e r s .
R e v o lu t io n a r y d i s ­
tu r b a n c e s in S ou th A m e r ic a n r e p u b lic s h a d a d a m a g in g e ffe c t u p o n
o u r f o r e i g n t r a ffic .
.
D e s p it e s p e c i a l a d v e r s e c ir c u m s t a n c e s , t h e n e t e a r n i n g s f o r t h e y e a r ,
after p a y m e n t o f e v e r y t h i n g d u e , r e p r e s e n t n e a r l y 4 p e r c e n t u p o n
t h e c a p it a l s t o c k ( $ 7 ,0 0 0 ,0 0 0 ) , b u t i t is d e e m e d p r u d e n t f o r t h e p r e s ­
e n t t h a t n o d i s t r i b u t i o n i n d iv i d e n d s s h o u l d b e m a d e t o t h e s t o o k .

Statistics.—The earnings and income account have been:
E AR N IN G S, E X P E N SE S A N D C H A R G E S .

R a il r o a d e a r n i n g 8—
P a s s e n g e r s . . . . . . __ . . . . . . . . . . . . . . . .
F r e ig h t a n d t r e a s u r e .............................
M a i ls ................................................................

1898.
$ 9 ? ,2 7 0
9 6 3 ,2 4 7
4 4 ,9 4 2

[V ol . LXVIII.

1897.
$ 1 0 0 ,4 8 6
1 , 0 9 5 ,6 3 3
4 5 ,8 2 3

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

T o t a l r a i lr o a d e a r n i n g s ........... , . $ 1 , 1 0 6 , 4 5 9
P a n a m a R R . SS. L i n e ............................
6 2 0 ,1 8 4
T e m p o r a r y P a ciH e L i n e . .............................................

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

T o t a l e a r n i n g s ....................................$ 1 ,7 2 6 ,6 4 3
A d d o t h e r r e c e i p t s ..................................
4 1 6 ,2 3 7

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

T o t a l ........................................................ $ 2 , 1 4 2 , 8 8 0
O p e r a ti n g e x p e n s e s —
G e n e r a l e x p e n s e s o n I s t h m u s ____
$ 4 1 ,0 3 6
C o n d u c t in g t r a n s p o r t a t i o n ..............
2 5 9 ,8 8 7
M a i n t e n a n c e o f e q u i p m e n t ................
6 9 ,9 1 9
*•
“ w a y <fc s t r u c t u r e .
1 2 9 ,5 9 5

$ 2 ,3 0 0 ,7 0 5

$ 2 ,2 7 1 ,1 4 1

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

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

A s s e ts —
$ 2 ,1 4 6 ,5 7 4
C o st o f r o a d , eto.
3 8 3 ,4 5 6
C o n tin g e n t fu u d
6 9 .5 4 3
M a t e r ia ls o n h a n d ........
1 2 7 ,8 7 1
C a s h ........................................
1 9 ,2 2 4
D u e f r o m a g e n t s .............
4 .1 5 2
D u e f r o m o t h e r r o a d s ..
9 1 .5 4 3
O th e r a s s e t s .......................

L ia b ilitie s —
F ir s t p r e f e r r e d s t o c k . $ 2 4 1 ,9 0 0
S econ d p re fe rre d s to c k
2 4 3 ,0 0 0
C o m m o n s t o c k ................. 1 , 2 9 2 , 9 5 0
F ir s t m o r t g a g e b o n d s .
1 6 1 ,0 0 0
S e c o n d r n o rt. b o n d s ___
1 0 3 ,5 0 0
D iv i d e n d s a n d i n t e r e s t
3 7 ,5 8 0
A ud. vou ch , and a octs.
5 5 ,7 4 1
O t h e r l i a b i l i t i e s ............... >
P r o fit a n d l o s s ................... )
o±,a2U»
6 4 9 ,4 8 4
T o t a l l i a b i l i t i e s ...............

T o t a l a s s e t s ...............$ 2 ,8 4 2 ,3 6 3

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

— V. 06, p . 706.

GENERAL

INVESTMENT

NEWS.

Reorganizations, Etc.—Defaults, Re >rganizition Diana,
Etc.—The usual index is omitted this week, but that cover­
ing the items published to March 25, inclusive, will be found
in the C h r o n i c l e of April 1.
Acker Process Co.—Incorporated—Articles of incorpora­
tion have bsen filed at Trenton, N. J., by the Acker Process
Co. and the Acker Process Patent Co., with authorized capi­
tal of $3,000,0J and $2,000,003 respectively. Both compa­
O
nies are empowered to manufacture and deal in caustic soda,
chloride of lime, lead sodium alloy and chlorine, and have
as incorporators Charles E. Acker, Samuel H. Gnggenheimer
and E. P. C. Young, of Jersey City.
American Car & Foundry Co.—Circular.—President
Bixby has issued a circular saying:
AU th e p la n ts o f th e c o m p a n y a re r u n n in g t o t h e ir f a ll c a p a c i t y .
O r d e r s o n t h e b o o k s t o - d a y a g g r e g a t e 3 7 , 0 0 0 c a r s a n d 3 7 5 ,0 0 0 w h e e ls ,
b e s i d e s a l a r g e t o n n a g e o f b a r i r o n , a x l e s , p i p e s a n d c a s t in g s . S h o u ld
t h e b u s i n e s s f o r t h e e n t i r e h r s t f is c a l y e a r c o n t in u e a t p r e s e n t r a t e ,
w h ic h s e e m s a l t o g e t h e r p r o b a b l e , t h e p r o f i t s f o r t h e y e a r w i l l a p p r o x ­
im a t e $ 6 , 0 0 0 ,0 0 0 , a n a m o u n t e q u a l t o 7 p e r c e n t o n t h e p r e f e r r e d a n d
1 3 p e r o e n t o n t h e c o m m o n . I t is t h e i n t e n t i o n t o a p p l y t o l i s t t h e
s e c u r it i e s o n t h e S t o c k E x c h a n g e a s q u i c k l y a s p o s s i b le . T h e c o m ­
p a n y p r o p o s e s t o p a y q u a rte r ly d iv id e n d s , b e g in n in g J u n e 1 n e x t.
T h e t o t a l a n n u a l c a p a c it y o f th e c o m p a n y is : P a s s e n g e r c a rs , 5 0 0 ;
f r e i g h t c a r s , 9 0 , 0 0 0 ; w h e e ls , 9 0 0 ,0 0 0 ; p i p e , 3 0 , 0 0 0 t o n s ; b a r i r o n a n d
a x l e s , 9 0 , 0 0 0 t o n s ; c a s t in g s , 1 3 0 ,0 0 0 t o n s . —V . 6 8 , p . 5 2 2 .

American Linseed Co.—Officers.—The following are the
officers and directors :

D i r e c t o r s : B . F . M ile s , C l e v e l a n d ; W a l t e r D . D o u g la s , C e d a r R a p id s ,
l a ; G . E . H ig h le y , C h ic a g o ; G u y G . M a jo r , A . H . L a r k in , N u t le y , N .J .;
J o h n L . S e v e r a n c e , C le v e la n d ; J o s e p h A . D e a n , N e w Y o r k ; A u g u s tu s
$ 4 7 5 ,4 0 8
$ 3 8 2 ,3 9 8
T o t a l R R . o p e r a t i n g e x p e n s e s . $ 5 0 0 ,4 3 7
N . E d d y , C h io a g o ; W . P . O r r , P i q u a , O .; A r n o l d T h a y e r , N e w Y o r k ;
5 9 9 ,1 7 3
5 8 3 .1 3 7
4 6 9 ,1 7 0
P a n a m a R R . SS. o p e r . e x p e n s e s . .
G e o r g e G . M e t z g e r , T o l e d o ; G e o r g e A , A r c h e r , S t. P a u l; J . W . D a n ie ls ,
........................................................................2 7 B u f6 a l o , a n d G . P . P i p e r , M in n e a p o l is .
,4 9 f
P a c i f ic L i n e o p e r a t i n g e x p e n s e s . .
O f f i c e r s : B . F . M ile s , P r e s i d e n t , G u y G . M a j o r , V i c e P r e s i d e n t , J . A .
$ 8 7 9 ,0 6 4
T o t a l .......................................................... .$ 1 ,0 9 9 , 6 1 0 $ 1 , 0 5 8 ,5 4 5
D e a n , S e e o n d V i c e - P r e s id e n t , W . D . D o u g la s s , T r e a s u r e r , a n d G . E .
9 7 ,7 9 1
1 0 5 ,8 0 4
1 1 6 ,8 6 3
L i g h t e r a g e ...............................................
H i g h l e y , S e c r e t a r y . E a s t e r n o ffi o e a t 1 0 0 W i ll ia m S t ., N . Y . ; ( g e n e r a l
9 4 ,4 9 2
9 7 ,8 6 4
1 0 2 ,5 7 9
G e n e r a l ......................................................
o f iio e s In C h io a g o .
1 4 7 ,3 9 1
1 3 7 ,3 3 1
O th e r e x p e n s e s ..................................... .
9 5 ,6 2 8
T o t a l o p e r a t i n g e x p e n s e s ........ $ 1 ,3 9 0 ,8 9 3 $ 1 ,4 0 3 ,2 3 2 $ 1 , 2 3 5 , 8 3 7
$ 8 9 4 ,4 7 3 $ 1 ,0 3 5 , 3 0 4
N e t e a r n i n g s ................. ............................ $ 7 5 1 ,9 8 7
F ix ed c h a r g e s —
$ 2 5 ,0 0 0
$ 2 5 ,0 0 0
S u b s id y t o R e p u b l ic o f C o lo m b ia . .
$ 2 5 ,0 0 0
2 7 1 ,0 8 0
R e d e m p t i o n o f b o n d s ........................ .
1 3 8 .9 6 3
1 0 7 ,8 2 0
1 1 1 ,7 6 0
1 0 3 ,9 2 0
1 1 7 ,1 8 0
I n t e r e s t o n s u b s i d y b o n d s ............. .
1 8 6 ,3 7 0
“
“ s t e r li n g b o n d s ...............
2 3 9 ,6 1 9
8 5 ,2 4 1
2 2 ,5 0 0
“
“ fir s t m o r t g a g e b o n d s .
T o t a l ..................................................... .
B a la n c e , s u r p l u s ............................... .

$ 4 8 5 ,2 4 1
$ 2 6 6 ,7 4 6

$ 4 8 4 ,5 9 8
$ 4 8 9 ,6 1 9
$ 5 4 5 ,6 8 4
$ 4 0 9 ,8 7 5
..CONDENSED BA L A N C E SH E E T D E C E M B E R 3 1 .
As s e t s —
1898.
1897.
1836.
R o a d , e q u i p m e n t , & c ..................$ 1 1 ,8 0 6 ,5 7 9
$ 1 0 ,7 0 0 ,3 3 2 $ 1 0 ,6 7 9 ,3 4 8
C o a l a n d s u p p l i e s ..........................
1 3 5 ,1 4 9
1 1 9 ,8 2 5
9 2 ,8 4 8
A c c o u n t s * r e c e lv a b le .....................
2 1 1 ,8 8 5
1 5 2 ,1 1 5
2 2 4 ,1 4 9
S i n k i n g f u n d .....................................
1 2 ,6 9 1
4 9 ,0 3 3
1 ,6 3 1 ,9 * 8
C a s h .......................................................
6 8 1 ,3 2 8
5 9 1 ,3 5 8
1 8 8 ,4 4 7
A d v a n c e s u b s id y to R e p u b lic
1 ,7 3 2 ,0 0 0
o f C o l o m b i a ...................................
1 ,6 1 1 ,0 0 0
1 ,3 4 6 ,0 0 0
B o n d s in t r e a s u r y .........................
1 ,2 3 2 ,0 0 0
2 9 4 ,0 0 0
6 2 1 ,5 7 4
M i s c e l la n e o u s ...................................
7 5 ,8 9 9
1 2 0 ,8 7 7
5 8 ,6 1 5
T o t a l ................................... . . . . $ 1 5 , 7 6 6 , 5 3 1
L ia b ilitie s —
C a p it a l s t o c k ...............................
$ 7 ,0 0 0 ,0 0 0
F u n d e d d e b t .....................................
4 ,4 4 5 ,0 0 0
F u n d t o r e d e e m b o n d s ................
1 3 2 ,3 5 7
A c c r u e d i n t e r e s t ............................
3 7 ,0 2 4
Is th m u s d r a fts u n p r e s e n t e d ...
2 1 ,3 5 1
O v e r d u e c o u p o n s ...........................
5 ,1 3 8
A u d i t e d v o u c h e r s ...........................
3 0 ,3 2 6
D u e c o n n e c t in g c o m p a n i e s .......
...............
D u e f o r t e r m ’ l a t L a B o c a ........
1 ,0 9 8 ,6 1 8
M is c e lla n e o u s a c c o u n t s .............
2 5 ,2 7 0
B a la n c e t o p r o f it a n d l o s s ........
2 ,9 7 1 ,4 1 9

$ 1 3 ,7 5 9 ,5 8 9

$ 1 5 ,3 4 2 ,9 7 2

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

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

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

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

T o t a l .............
- V . 67, r . 579.

$ 1 3 ,7 5 9 ,5 8 9

$ 1 5 ,3 4 2 ,9 7 2

$ 1 5 ,7 6 6 ,5 3 1

Cumberland Valley RR.
(Report fo r the year ending Dee. 3 1 ,189S.)

The results for 1898 compare as follows :
EARNINGS, EXPENSES AND BALANCE SHEET.
1898.
P a s s e n g e r e a r n i n g s ..................... $ 2 7 2 ,0 :1 1
F r e i g h t ............................................... 4 2 3 ,9 2 0
M a ll, e x p r e s s , e t o ........................
7 8 ,8 1 7
T o t a l e a r n i n g s .................... $ 7 7 4 ,7 6 8
T o t a l e x p e n s e s ............................ 5 2 9 ,5 9 4
N e t e a r n i n g s ............. ............$ 2 4 5 ,1 7 4
I n t e r e s t o n b o n d s ........................ $ 2 1 ,6 1 0
T a x e s ..................................................
1 8 ,9 5 4
M is c e l la n e o u s .................................
611
D iv i d e n d s (8 p e r o e n t ) .............. 1 4 2 ,2 2 8
T o t a l .......................................... $ 1 8 3 ,4 3 3
S u r p l u s ............................................ $ 6 1 ,7 4 1

1897.
$ 3 0 1 ,7 4 4
4 7 1 .0 1 6
9 3 ,2 9 4
$ 8 6 6 ,0 5 4
6 1 1 ,5 3 1
$ 2 5 5 ,1 2 3
$ 2 1 ,6 4 0
1 7 ,8 4 2
3 ,7 0 5
1 4 2 ,2 2 8
$ 1 8 5 ,4 1 5
$ 0 9 ,7 0 9

1898.
1893.
$ 3 0 8 ,4 7 1 $ 3 0 7 ,8 9 9
4 6 8 ,6 6 3
4 9 8 ,2 6 4
8 5 ,2 6 2
8 3 ,2 9 4
$ 8 6 2 ,3 9 5
6 3 5 ,6 2 8

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

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

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

The fiscal year has been fixed to end March 1. For the
three months to March 1, it is stated, the company earned
its pro rata dividend on the preferred stock. The Company
was incorporated in New Jersey last December with an
authorized capital stock o f $33,500,000 (half 7 per cent noncumulative preferred) and took over the plants of the old
National Linseed Oil Co. and several independent companies
per plan in V. 67, p. 1161. It is said that as soon as the small
unpaid balance of the indebtedness of the National Linseed
Oil Co. is discharged with the]fnnds provided under the plan,
the securities o f the American Linseed Co. will probably be
listed on the New York Stock Exchange.—V. 68, p. 569.
American Potteries Co.—Options Lapse.—The options
held by John R. Dos Passos on various pottery plants which
it was proposed to merge under the title of the American
Pottery Co. expired on April 1. The main obstacle that
stood in the way of the consolidation was stated in V. 68,
p. 426, Mr. Dos Passos still hopes the consolidation will go
through.—Y. 68, p. 426.
______
American School Furniture Co.—Officers and Property.—
This company, recently incorporated in New Jersey with an
authorized capital o f $10,000,000, has completed at Wabash,
Ind., its organization with $1,500,000 of capitalstock. Twelve
large manufacturing plants, it is stated, have been taken
over, including factories at Buffalo, N. Y .; Burlington, la,;
Walpole, Mass.; Wabash, Ind.; tw o at Richmond, Ind.;
Bloomsburg, Pa.; Grand Rapids, Mich.; Springfield, III.;
Piqua and Cleveland, O., and Manitowoc, Wis. Samuel Law­
rence is President and James Summerfield, Secretary.
Mortgage.—The company has executed a mortgage for $1,500,000 to Walter G. Oakman and George R. Turnbull of the
Guaranty Trust Co., as trustees, to secure 20-year 6 per cent
gold bonds.—Y. 68, p. 522.
American Smelting & Refining Co.—Incorporated.—This
company was incorporated at Trenton, N. J., on Tuesday,
with authorized capital stock of $33,500,000 preferred 7 per
cent cumulative and $32,500,000 common. The present issue
will be: Preferred, $27,000,000; common, $27,000,000. The
prospectus was g iv e n in the C h r o n i c l e of March 18, page 523.
Moore & Schley and Lewisohn Brothers have been con­
cerned in the underwriting.—V. 68, p. 523.
American Steel & W ire Co.— Vessels Purchased—The com ­
pany has bought the five steamers of the Zenith Transporta­
tion Company of Duluth. The boats have been built in the
last three years and are of the 6,000-ton class. The price
was close to $1,000,000. The capital stock of the Zenith
Company was transferred to the Steel & Wire Company
This purchase gives the latter concern a fleet of thirteen
large lake carriers. -Chicago “ Economist.”

A pril 8 1899.J

THE CHRONICLE

The American Steamship Co., with authorized capital
stock o f $ 1,000,000. filed articles of incorporation recently
with the County Clerk of Hudson County, N. J. The cor­
porators are Frederick P. Yoorhees, Floyd E. Patterson,
William A. Holland, Paul E. Da Fere and Robert S. Green,
all or nearly all identified with the American Steel & W ire
Co.—V. 68, p. 569.
American Tobacco Co.—100 Per Cent Stock Dividend.—In
addition to a dividend o f 3 per cent in cash the company has
declared a dividend of 100 per cent in common stock, both
payable on the common shares on May 1, “ out of surplus.”
—Y. 68, p. 617.
Atchison Topeka A Santa Fe Ry.—Interest on Adjust,
merits.—The executive committee, under authority from the
directors, will arrange to make the payment o f interest on
the adjustment bonds Bemi-annual, provided the holders of
not less than $15,CC0,000 of these bonds request the change.
Representatives of $9,000,000 bonds are already on record as
seeking the change.— Y. 68, p, 570.
Bangor & Aroostook UR .—Absorption o f Leased Line
Completed.—The Bangor & Piscataquis R R ., which has been
operated under lease, was acquired in fee on April 1 upon
payment by the company of the $1,225,000 bonds on the road,
including $9?5,000 issued by the city o f Bangor. The new
loan of the Bangor < Aroostook for $1,500,000, covering the
fe
purchased property, was described in V. 68, p. 84, 829, and
V. 67, p. 1306.—V. "68, p. 329.
Boston Breweries Co.—Incorporated.—On April 3 papers
were filed with the clerk of Hudson County, N. J., organiz­
ing this company, with an authorized capital stock of
$11,500,Of 0, of which $7,500,000 to be 7 per cent cumulative
preferred. The company has the right to issue $7,500,000 of
6 per cent gold bonds. It is understood that the corpora­
tion will control fifteen breweries in and near Boston.
Boston A Montana Consolidated Copper A Silver Mining.
Receiver —The Supreme Court of Montana on March 31
granted the motion to quash the writ that sought to prevent
the District Court of Butte from proceeding further in the
receivership matter. T. U. Hinds was appointed receiver
by Judge Clancy on Dec. 15, The case came up for argu­
ment on April 7, when Judge Clancy ordered the receiver to
take immediate possession, despite the fact that the grounds
for the appointment of a receiver were apparently nullified
by the re-transfer of the property from the New York to the
Montana corporation,— V. 68, p. 426.
Brooklyn (las A Electric Light Co.— Incorporated. —This
company has been incorporated in New Jersey with authorized
capital stock of $1,500,090. Incorporators: H. 8. Tooruy,
Maurice Londoner and Frank M. W eigm an.allof New York.
Brook lvn Rapid Transit Co.—B rooklyn A Brighton
Beach HR. —Prospect Park ,V Coney Island RK.-£?,6.?6,000 New Stock Offered a t Par.—The Brooklyn Rapid Transit
Co. gives notice that it proposes to issue [$3,838,400] addi­
tional capital stock, equal to 7 per cent o f its capital stock
outstanding [$37,868,61 0] April 15, 1899. Such stock is to
he issued for the purposes o f purchasing and electrically
equipping the Brooklyn & Brighton Beach RR, and electri­
cally equipping the railroad of the Prospect Park & Coney
Island RR., which by agreement is to be leased fo r 999 years
to a company of the Brooklyn Rapid Transit system, and for
such additions and improvements to the railroad properties
owned or controlled by the Brooklyn Rapid Transit system
as may be deemed desirable. The holders of Central Trust
Co, certificate* for Brooklyn Rapid Transit Co. stock at 12
o'clock noon on April 15, 1*99. wilt be permitted until noon
of April 29 to subscribe at par at the Central Trust Co. for
the voting trust certificates representing the new shares to
an amount equal to 7 per cent of their respective holdings.
The authorized capital stock of the Rapid Transit Co. was
recently increased from $20.0' 0,000 to $45,600,000, Of the
new stock there was issued in connection with the pur­
chase of the Nassau Electric RR. $9,500,000 and for the pur­
chase of the Brooklyn Onion Elevated $8,163,600, making
the total now outstanding $37,663,800, and with that now
offered *40,300.000.
Improved Facilities, Economies.—Speaking o f the comanv’s plans regarding the Brooklyn Union Elevated road,
resident Rossiter is quoted as saying:

P

W ith e l e c t r i c i t y w e e x p e c t t o r u n t h e c a r s a t t h i r t y m il e s a n h o u r .
W it h n e w c a r s , e l e c t r i c e l e v a t o r s a t th e p r i n c i p a l s t a t i o n s , a ll t h e * t »
lie n s l ig h t e n b y e l e c t r i c i t y a n d w it h c a r s r u n n i n v e v e r y t w o m in u t e s .
It l* e x p e c t e d t h a t t h e r e w i l l b e n o g r e a t d it flo n t t y In I n d c c i n z th e
p u b l i c t o p a t r o n i z e t h e o v e r h e a d lin e s r a t h e r t h a n c r o w d I n t o th e s u r ­
f a c e o a r s . I e x p e c t t o t a k e o f f a t l e a s t o n e - t h ir d or t h e s u r f a c e c a r e
n o w o p e r a t e d , a n d tu ts w ill s o l v e t h e v e x a t i o n s p r o b l e m o f t h e c o n ­
g e s t e d * t a t e o f t r a ffic o n F u lt o n S t r e e t . A n e x p r e s s t r a in s e r v i c e
w ill b e in a u v n r a te d , s o th a t o n h o lid a y s a n d in th e s u m m e r t im e th e
c a r * w h ic h l e a v e th e B r o o k l y n B r i d g e (M a n h a t t a n e n d ) w ill g o d i r e c t
t o C o n e y I s la n d , s t o p p i n g o n l y a t t h r e e o r f o u r p r i n c ip a l s t a t io n s .

As to the expected economies, he says the matter o f econo­
my in the joint operation o f the elevated and surface proper­
ties can hardly be over-estimated. While it is too early to
make any accurate statement, yet the saving in general ex­
pense. and particularly in the matter of the substitution of
electric power for the locomotives, will make a very Iarse
item : also in being able to run at greater Bpeed on ihe ele­
vated structure, and with less fear of accident, will result in
a further large and considerable saving.
Leases.—The Brooklyn Heights RR. Co., owned by the
Brooklyn Rapid Transit recently took one-year leases o f the
Brooklyn Union Elevated and the Nassau Electric RR.

669

The injunction granted on Tuesday by Justice Dickey, re­
straining the lease of the Nassau Electric R R. to the Brook­
lyn Heights RR. Co, was dissolved yesterday,—V. 68, p. 617
570; V. 66. p. 954,
Brooklyn Rapid T ransit Co.— Long Island RR.—New
York Brooklyn A Manhattan Beach RR.— Contracts fo r
Harmonious Action.—It is officially announced that on Sat­
urday last agreements were executed by the Brooklyn Rapid
Transit Co. and the Long Island R R. Co. providing for the
operation by each company of certain lines of the other’s
system, so as to form a number of new through routes. The
Brooklyn Rapid Transit Co. becomes the lessee of the Pros­
pect Park & Conev Island R R., o f the Prospect Park &
South Brooklyn RR, and of the New York & Coney Island
RR. and also acquires the right to operate over the line
of the NewJYork Brooklyn & Manhattan Beach R R. Com ­
pany to Manhattan Beach, giving direct connections to Man­
hattan Beach, etc.
A new express passenger route is to be operated by the
Long Island RR. between Jamaica and the Brooklyn Bri tge,
via Flatbash Avenue, which will bring the Jamaica terri­
tory within thirty-five minutes of the City Hall. Cars of
both systems wilt also be operated between the Broadway
ferries and Rockaway Beach, via the Brooklyn Elevated, the
incline at Chestnut Street and the Long Island Road to
Rockaway Beach.— Y. 68, p. 617, 613; V. 64, p. 234.
Bnffal(vSt. Mary's A South western RR.— Bonds Called.—
Notice is hereby given that the company will redeem the
$1,000,000 first mortgage bonds of 1897 at the Central Trust
Co., N. Y ., on Sept. 1, 1899, at 105 and interest.—Y. 68,p. 523.
Camden A Philadelphia Ferry Co.—Consolidation. —The
West Jersey Ferry Co. and the Camden & Philadelphia
Steamboat fe r r y Co. have been consolidated as the Camden
& Philadelphia Ferry Co., a New Jersey corporation, with
authorized capital stock o f $2,000,000.
Canada Atlantic Ry.—Consolidation.—The stockholders
will meet on May 1 next to confirm the amalgamation of the
Ottawa Arnprior & Parry Sound with the Canada Atlantic.
It is proposed to make a new loan to consolidate the debts of
the two companies.—V . 68. p. 901.
Canadian Pacific Ry.—Minneapolis St. Paul A Sault
Ste. Marie l l j .—Guarantred Bond*.—A press despatch says
that at the animal meeting of the shareholders of the Ca­
nadian Pacific on April 5 the issue of securities on the
Pije*tone and Stonewall branches was authorized, and
the lease of the Columbia & Western RR. was approved.
“ An extended agreement,” the despatch continues, “ with
the Minusapolis St. Paul tie Sault Ste. Marie Ry. was ap­
proved. It provides for taking up ceitain maturing interestbearing obligations o f that company and for the payment of
certain enrrent capital obligation*, and for the eqnippiDg of
terminals and additions, acquired or required, by tne crea­
tion of $1,000,00c 4 per cent bonds of the ‘ Soo’ company,
the interest to be guaranteed by the Can. Pao. Ry. This
agreement is calculated to enable the ‘Soo’ company to apply
its surplus earnings to interest and dividends, and to repay
from earnings the Can. Pac. interest advances inannual intalmente. The expenditure o f £728,255 on capital account
waa authorized. The former officers were re-elected at a
meeting of the directors.”— V. 68, p. 519, 526; V, 65, p. 617.
Central Massachusetts RIt.— Action as to Ijmsc.—A t a
meeting o f the directors on March 27, a committee, consist­
ing of J. W , W c k s . Ephraim Stearns, Henry Woods, J. H.
Gray and O. W . Morse was appointed to* investigate the
matter of the lease to the Boston & Maine. The common
stockholders propose to bring suit to invalidate this lease on
the — nud that it was never acted upon by the holders of
the common shares.
On April 6 the above mentioned committee voted to
recommend that the director* take no action. Sait, it is
>xpected, will now be brought by the stockholders to break
the lease.—V. 68, p, 570.
Chicago Great Western Ry.— Priority L o a n t o Be Paid
Jan. I, 1000—SS,3 0 0 ,0 0 0 Debenture Stock to Be Issued in
1300.—The follow ing official statement has been furnished
the Chronicle ;
"In 1898 the articles of incorporation were changed by a
vote of 87 per cent ot the entire stock of all classes so as to
Increase the amount of debenture stock allowed by the arti­
cles from $15,000,000 to $30,000,000. but none of the increased
stock can be issued until sanctioned by a vote of the deben­
ture and preferred A stockholders collectively at an extra­
ordinary general meeting called for the specific purpose. On
March 1, 1899, only $12,419,571 of debenture stock had been
issued, which is $2,580,429 less than the $15,000,000 originally
authorized. A t an extraordinary general meeting of the
debenture and preferred A stockholders collectively, held in
London on .January 30, 1899, the issue of $8,000,(00 addi­
tional debenture stock was authorized to be issued for the
purpose of retiring the priority loan, $2,823,150 (which is tne
only mortgage indebtedness of the company), and to redeem
at the discretion of the board of directors and the Finance
Committee, from time to time, as opportunity offers at or be­
fore maturity, any or all of tbe car trusts and other liabilities
of the company which are a charge prior to the 4 per cent
debenture stock and for improvements. Of the $8,000,000
thus voted only $3,300,000 will he issued in 1899, the proceeds
of which will be applied to pay all of the priority loan ($0,823,150) which does not mature until 1934, but by its terms

K70

THE

C H R O N IC L E .

is redeemable at the option of the company on six months’
notice at 105. It will be called and paid Jan. 1,1900. When
this |3,800,000 is issued, probably in November, 1899, the
amount of debenture stock outstanding will be $t5,719,571,
which may be slightly increased by exchanges under the
plan of reorganization.
•'The sale of the 83,300,000 has been underwritten at 93
and accrued interest. It is the present expectation that no
more will be issued until 1901, when certain car trusts ma­
ture.”— V. 68, p. 186.
Chicago & Alton RR.—Deposits. —The deposits of stock
with the purchasing syndicate aggregate nearly 95 per cent
of the total amount. An additional 20 per cent of the sub­
scriptions of the underwriters has accordingly been called
for April 12. This makes 90 per cent, or about $36,000,000
of the subscriptions called to date. To take up the entire
$22,230,600 stock at the rate offered would require about
$39,773,000.
New President.—At the post poned meeting held Friday a
temporary board was elected, and E. H. Harriman made
President.—V. 68, p. 617.
Citizens’ Gas Light & Heating Co. o f Findlay, 0.—Pur­
chase o f City Plant.—A press dispatch on March 30 an­
nounced the sale of the municipal natural gas plant of Find­
lay, O., for $150,000 to the Citizens’ Gas Light & Heating Co.
Citizens’ Water Co. o f St. Joseph, Mo —Incorporated.—
This company was recently incorporated in Missouri, with
authorized capital stock of $800,000; half paid. Incorpora­
tors: Joseph Morton, Arthur W. Brewster, both of St. Jo­
seph; J. L. Wood, Laclede; Jno. H. Brown and Jno. P.
Miller, both of Chicago.
Cleveland Canton & Southern Ry.—Sale o f First Mort
gage 5s Authorized.—A t the meeting on Wednesday the de­
positing first mortgage bondholders of the Cleveland & Can­
ton RR. authorized the sale to a Cleveland syndicate of the
deposited first mortgage bonds at 92 and interest at the rate
of 4 per cent, with the option of making the payment on or
before the first day of October, 1899. The syndicate is said
to be backed by the Cleveland Bank for Savings, the Cleve
land Trust Company and Myron T. Herrick. Mr. Herrick
is prominently identified with the Wheeling & Lake Erie
Road. The bonds sold aggregate $1,940,000 of the total issue
of $2,000,000.—V. 68, p. 617.
Columbian Electric Car-Ligliting & Brake Co.—Status.
—This company has acquired the stock of the United
Electric Co. (see V. 68, p. 185) and so all, or nearly all, the
$5,000,000 stock of the American Railway Electric Light Co.
The new company is authorized to issue $10,000,000 capital
stock, and has offices at No. 11 Broadway. F. C, Hollins &
Co., of 11 Wall Street, are interested in the enterprise, Mr.
Hollins being the company’s Treasurer —V. 68, p. 427.
Columbus Hocking Valley & Toledo R R .—Distribution of
Proceeds o f Sale.—The final report of the Master Commis
sioners, filed March 31, shows the proceeds of the recent sale
to be applicable as follows- Interest on consols of 1881, $626,400; interest on first mortgage bonds, $388,188; leaving $2,965 413 for pro rata payment on 8,000 consols of 1831, equal
to $372 17 on the principal of each.—V. 68, p. 571.
Compressed-Air Capsule Co.—Incorporated.—This com
pany with $15,000,000 of authorized capital stock, of which
$1,500,000 is preferred, was organized at Trenton, N. J.,
March 27, to manufacture all kinds of compressed and lique
fied gases and compressed and liquefied air in capsules. The
incorporators are Henry E. Howland, S. Reading Bertram
of New York, George L. Prentiss, Montclair, and Charles E.
Levy, New Orleans.
Consolidated Street Car Co.—Prospectus. — As stated
last week this company was incorporated March 27, under
the laws of New Jersey, with a capital stock of $8,000,000 7
per cent cumulative preferred stock and $10,000,000 common
stock, to build street railroad cars, automobiles, omnibuses
and other vehicles for conveying passengers, freight or ex­
press, and to manufacture trucks, wheels and other railroad
supplies. The new company, we are officially informed,
will take over the business of the following concerns:
S t r e e t C a r M a n u f a c t u r e r s .— J . G . B r i l l C o ., P h il a d e l p h i a ; S t. L o u is
C a r C o ., L a c l e d e C a r C o ., A m e r i c a n C a r C o . o f St. L o u is ; J o h n S t e p h e n ­
s o n C o ., L t d ., N e w Y o r k C i t y ( w it h a p l a n t a t E l i z a b e t h , N . J .) ; J . M .
J o n e s - S o n s , T r o y , N . Y . ; G . C. K u h lm a n C o ., C l e v e l a n d , O ., J . G .
K u lln n a n & C o ., C le v e la n d , a n d t h e s t r e e t c a r b u i l d in g p l a n t s o f t h e
P u ll m a n ’ s P a la c e C a r C o .
T h r e e m a k e r s o f t r u o k s f o r Btreot c a r s , v i z .: J . G . B r i l l & C o „ P h il a ­
d e l p h i a ; M a g u ir e M a n u f a c t u r in g C o ., C liio a g o , a n d P e c k h a m M o t o r
T r u c k & W h e e l C o . o f K in g s t o n , N . Y .
A l s o t h e a s s e m b l in g p l a n t o f t h e S t. L o u is C a r C o . a t B e r l i n ,
G erm a n y .

The company, it is stated, will control 90 per cent of the
street car building and truck building in the United States.
It is intended to maintain five plants in this country, namely,
at St. Louis, Cleveland, Philadelphia, Elizabeth, N. J., and
San Francisco [a plant is to be built at the last named place],
and also a plant in England. W. C. Sheldon & Co. are con­
cerned in financing the consolidation.— V. 68, p. 618.
Continental Cotton Oil Co.—Incorporated.—This com­
pany has been incorporated in New Jersey, with authorized
capital stock of $6,000,000, of which $3,000,000 is 7 per cent
cumulative preferred. Incorporators-Samuel B. Lawrence,
Jr., B. Summerfield, Henry C. Everell, Robert P. Barry, Jr.,
and J. C. YouDg.
Continental Tobacco Co.—$25,000,000 New Stock—The
stockholders will vote, April 21, on a'proposition to increase

[V ol LXVIII.

the common stock from $37,500,000 to $50,000,000, and
the preferred stock from $37,500,000 to $50,000,000. An o f ­
ficial statement as to the company was given last week on
page 617.
Incorporated.—The S. J. R. Reynolds Tobacco Co., with
authorized capital stock of $5,000,000, was incorporated at
Trenton, N. J , on April 4, by R. J. Reynolds, W. N. R.
Reynolds, J. B. Dukes, J. R. Cobb, George N. Gales, C. K.
Faucette and D. A. Keller. The company is understood to
be affiliated with the Continental Tobacco Co.—V. 68, p. 617.
Dallas (T e x .) Consolidated E lectric Street R y.—Mort­
gages Filed.—The “ Dallas N ew s” gives the follow ing as to
the mortgages filed last week :
C.
H . A l e x a n d e r a n d t b e D a ll a s C o n s o l i d a t e d E l e c t r l o S t r e e t R a i l ­
w a y C o ., b y C. H . A l e x a n d e r , P r e s id e n t , o n A p r i l 1 c o n v e y e d t o E . J .
G a n n o n , T r u s t e e , a ll t b e s t r e e t r a i l w a y t r a c k s , f r a n c h i s e s , e t c . ,
in D a lla s o w n e d b y t b e g r a n t o r s , a l s o t w e n t y t r a o t s o f l a n d i n D a ll a s
a n d O a k C liff, “ t o s e c u r e J B . W i ls o n o n a n o t e f o r $ 3 6 5 ,0 0 0 . d u e
S e p t . 1 5 , 1 9 0 0 , w it h i n t e r e s t a t t b e r a t e o f 1 0 p e r c e n t , p a y a b l e S e p t .
2 0 a n d M a r c h 2 0 .” (T h is n o t e w a s d a t e d M a r c h 2 0 , 1 8 9 9 , a n d is p a y ­
a b le in g o l d a t th e A m e r i c a n N a t io n a l B a n k , D a ll a s )
B y a n o t h e r d e e d o f t r u s t t h e D a ll a s C o n s o l i d a t e d E l e e t r i o S t r e e t
R a il w a y C o ., b y C. H . A l e x a n d e r , P r e s i d e n t , c o n v e y e d t o R o y a l A .
P e r r is , T r u s t e e , t h e Q u e e n C it y S t r e e t R a i l w a y p r o p e r t y “ t o s e c u r e
P . H B o u s q .n e t, I. M . E a r l e a n d G . V a n G in k e l i n t b e p a y m e n t o f o n e
n o t e f o r $ 2 5 ,0 0 0 , d u e S e p t . 1 5 , 1 9 0 0 , w i t h i n t e r e s t a t 10 p e r c e n t p e r
a n r u m , m a d e s u b j e c t t o a n o t e f o r $ 3 6 5 ,0 0 0 in f a v o r o f J B . W i l s o n . ”
U n t il t b e l ir s t n o t e is p a i d t b e c o m p a n y c o v e n a n t s t o e x p e n d $ 4 0 ,0 0 0
a n n u a l ly “ i n b e t t e r m e n t s a s c o n t r a d i s t i n g u i s h e d f r o m r e p a i r s i n , o n
a n d a b o u t th e s tre e t r a ilw a y .”

New Officers.—G. Van Ginkel, late of Des Moines, Iowa,
has been elected President, J. B. Wilson Vice-President and
Edward T. Moore Secretary and Superintendent of the con
solidated company.—V. 68, p. 618.
Delaware & Hudson Canal Co.—Equipment Mortgage.—
The company has made a mortgage to the United States
Mortgage & Trust Co., as trustee, to secure $1,500,000 bonds
for the purchase of locomotives and cars. Tbe bonds bear
3J^ per cent interest, and 10 per cent of them will be paid
yearly, so as to retire the entire loan at the end of ten years.
—V. 68, p. 566.
Denver Gas & E lectric.—Capitalization.—This Colorado
company, which has taken possession of the plants o f the
Denver consolidated gas and Denver consolidated electric
companies, is capitalized as follows:
C a p it a l s t o c k o f $ 3 , 5 0 0 ,0 0 0 , l u s h a r e s o f $ 1 0 0 e a c h ; f ir s t c o n s o l i ­
d a te d m o r tg a g e o r c o lla t e r a l t r u s t 5 p e r c e n t fift y -y e a r g o ld b o n d s ,
d a t e d M a r c h 1, 1 8 9 9 , t o t a l a u t h o r i z e d is s u e $ 5 ,5 0 0 ,0 0 0 . I n e f f e c t ­
in g th e u n io n th e e n tir e c a p it a l s to e k a n d $ 2 ,4 o 0 ,0 0 o f th e b o n d s
w e r e I s s u e d ; $ 2 ,4 ,4 5 ,0 0 0 o f b o n d s w i l l b e r e t a i n e d t o r e t i r e a l i k e
a m o u n t o f p r e s e n t o u t s t a n d i n g b o n d s , a n d $ 6 5 5 ,0 0 0 b o n d s w i l l b e
r e t a in e d f o r f u t u r e I m p r o v e m e n t s . T h is lo a n a l s o p r o v i d e s a b o u t
$ 2 5 0 ,0 0 0 c a s h w o r k in g c a p i t a l. A b o u t $ 3 0 0 ,0 0 0 s t o c k w a i t o b e r e ­
tu r n e d t o th e tr e a s u r y , a n d in a d d it io n a fu r th e r a m o u n t o f s t o c k w a s
t o b e s e t a s id e t o in d u o e t b e o l d b o n d h o ld e r s t o c o n v e r t t h e i r b o n d s
In to n e w b o n d s.

The new securities were underwritten on the basis of
a $1,000 bond and $500 stock for $1,000 cash. See farther par­
ticulars in C h r o n i c l e of Feb. 18, page 330.
Detroit Street Citizens’ Street R y.—D etroit E lectric
Ry.—Negotiations to Purchase fo r City.—The Michigan
Legislature recently passed a bill empowering the Common
Council of Detroit to create a self-perpetuating commission
of three to buy the street railways oE the city and to operate
them, charging not more than the present fares, viz., six
tickets for twenty-five cents on the Detroit Citizens’ and
eight for the same amount until 8 p . m on the Detroit Elec­
tric Railway. The A ct provides that the city shall incur no
debt in acquiring the properties, but shall pledge the roads
and their earnings for the purchase price, the roads to be
returned to the companies if municipal control does not suc­
ceed.
Under this law the Common Council has appointed the
following commissioners: Gov. Hazen S. Pingree, six years;
Elliot G. Stevenson, lawyer, four years; Carl E. Schmidt,
leather dealer, two years. This commission will report to
the Council the proposed purchase price of the roads before
closing the transaction. The Mayor vetoed the motion ap­
pointing the commission, but his veto was held out of order
by the President of tbe Common Co incil.
The Detroit Metropolitan Street Ry. Co. has been incor­
porated with $25,000 nominal capital stock, o f which Ber­
nard Clark holds $24,600. The company, it is supposed, will
act in some capacity in connection with the sale, if it be
effected.—Y. 64, p, 82; Y. 65, p. 1219.
Domestic Sewing Machine Co.—Sale.—Vice-Chancellor
Emery, in Chancery Chambers, at Newark, on Saturday
last, authorized Judge Andrew Kirkpatrick, as receiver of
the Domestic Manufacturing Co. and of the Domestic Sew­
ing Machine Co., to sell the two properties for $325,000 to
the Reorganization Committee, consisting of Richard Delafield, Francis L. Hine and H. R. Knhnhardt. The committee
represents certain New York and other banks that were
creditors of tbe companies.
Easton (P a .) Consolidated E lectric Co.—On Philadelphia
Unlisted.—The stock of this company, recently incorporated,
has been placed on the unlisted department of the Philadel­
phia Slock Exchange. There are 30,000 shares, par 50, $5
paid. The company was organized to own the controlling
interests in the stocks of tne Easton Transit Co., and the
Edison Illuminating Co., of Easton, lately purchased by Stern
& Silverman of Philadelphia.
D ir e c t o r s : J . S. R o d e n b u r g , H o w a r d R i n k , t b e l a t e P r e s i d e n t o f t h e
I ll u m i n a t i n g C o m p a n y ; W illia m M . D a v i s o f P h llU p s b u r g , N . J .;
G e o r g e H . c o l l i e t t , W i ll ia m H i n c k l e S m it h , G e o r g e W . N o r r i s , W i ll ia m
S t e r n , P h il a d e l p h i a .— V . 6 8 , p . 5 2 1 .

A p r il 8, 1898.

THE CHRONICLE.

Eldon A St. Louis KB.— Proposed $3,000,000 Mortgage. The stockholders will vote at Mexico, Mo., on May 23 on a
proposition to issue $3,000,000 first mortgage bonds. The
road is projected from Eldon, Iowa, to Mexico, Mo., 132
miles.
Empire Steel & Iron Co. — New Enterprise. — Rogers.
Brown & Co. announce that thi3 company, recently ineorpo
rated with $1,000,000 of authorized capital (see V . 68, p. 524),
has purchased the furnace and ore properties at Greensboro,
N. C., and will put the furnace in blast a3 soon as practica­
ble—probably in May. The company will have no securities
to offer. It will devote itself wholly to the development of
its properties, which it is intimated may embrace other fur
naces and mines besides those at Greensboro. A press des­
patch on A pril3 from Birmingham, Ala., says the company
has bought from the Bessemer Land & Improvement Co
the Bay State Iron Furnace built at Fort Payne ten years
ago, bat idle for several years past.—V . Oh p. 524.
Federal Sewer P ipe Co.—Prospectus.—Prospectus says:
I t Is p r o p o s e d t o o r g a n i z e u n d e r t h e l a w s o f D e la w a r e t h e F e d e r a l
S e w e r P i p e C o ., w h ic h It Is I n t e n d e d s h a ll t a k e o v e r t h e f o l l o w i n g
l e a d i n g c o m p a n i e s o r I n t e r e s t s e n g a g e d In t h e m a n u f a c t u r e o f s e w e r
p i p e a n d k i n d r e d p r o d u c t s , v i z . ; S t a n d a r d S e w e r P i p e C o . . B u ffa lo
S e w e r P ip e C o ., J . V . B o s e . P a t t o n C l a y C o ., P e n n . S e w e r P i p e C o ..
B u c k e y e S e w e r P i p e C o ., S u m m it S e w e r P ip e C o ., H a r r y T h o m p s o n ,
C r o w n F ir e C l a y C o . . U h r lo lis v iU e F ir e C l a y C o , D ia m o n d F i r e O la y
C o ., G t. W e s t. F i r e O la * C o ., O h io V a l l e y F ir e C l a y C o . P . C o n n o r .
F r e e m a n F i r e C la y C o .. J . L y t h A S o n s , K n o w l e s , T a y l o r A A n d e r s o n
C o .. M y e r s , H a r t f o r d C o ., T o r o n t o F ir e C la y X T a C o . H . B. C a m p C o .,
M o E l f r e s h C la y C o .. B e n n e t S e w e r P i p e C o ., G r a n d L e d g e S e w e r P ip e
C o ., R o c h e s t e r S e w e r P ip e C o ., P g b . C l a y M a n u f a c t u r in g C o ., S h a r o n
C la y M a n u f a c t u r in g C o .. L o c k H a v e n C l a y W o r k s , A k r o n S o w e r P ip e
C o ., R o b in s o n B r o s . A C o ., H IU S e w e r P l p o C o ., V u tlo n a l S e w e r P ip e
C o ., J J . M a z u ir e , B u c k e y e F i r e C la y C o .. C o l u m b i a S e w e r P i p e C o .,
J o h n F r a n e y 's S o n s k C o ., th e K » n n e d y - K U n * C o .. C a lu m e t F ir e O a y
C o „ E m p i r e F i r e C la y C o ., N. It. W a l k e r C la y M a n u f a c t u r in g C o ., O h io
V i t r if i e d P ip e C o ., C i n c i n n a t i S e w e r P ip e C o , S t a t e L i n e S e w c t P ip e
C o ., M c M a h o n , P o r t e r k C o .. G o u o h e r , M e AdOO A C o ., J a c k s o n F ir e
O la y CJo.
T h e c o m p a n y 1* t o b e a u t h o r i z e d t o laan e * 1 2 , 5 0 0 . 0 0 0 o f 7 p e r c e n t
n o n c u m u l a t iv e p r e f e r r e d s t o c k ( p r e f e r r e d a s t o c a p i t a l a n d d iv i­
d e n d s ) , a n d $ 1 2 ,5 0 0 0 0 0 o f c o m m o n s t o c k : S I , 7 5 0 .0 0 0 o f th e p r e ­
f e r r e d a n d *1 , 7 5 0 ,0 0 0 o f t h e c o m m o n s t o e k a r e t o b e r e t a in e d In th e
t r e a a u r f o r a d d it i o n a l f a c il i t i e s , i m p r o v e m e n t s o r f o r o t h e r c o r p o ­
ra te p u rp ose*.
T h e o c n s U tn e n t c o m p a n ie s , c o p a r tn e r s h ip s a n d In d iv id u a ls a re to
d e l i v e r t h e ir p r o p e r t ie s , p l a n t s , m a t e r ia l s , m e r c h a n d i s e , c o n t r a c t s ,
p a t e n t s , t r a d e m a r k * a n d g o o d w ill t o t h e n e w c o m p a n y f r e e o f all
I n d e b t e d n e e s , T h e p la n t s , e x c l u s i v e o f g o o d w i l l , h a v e b e e n » p
p r a is e d b y c o m i e t e n t c o m m u t e ,- # , s e l e c t e d b y t b e o w n e r # o f th e
p la n t s , a t t h e s u m o f $ 3 ,3 9 0 ,0 0 0 . T h e “ ’ [H ick a s s e t s " o f t h e c o n s t lt
(te a t c o m p a n i e s t o b e c o v e r e d I n t o t h e t r e a s u r y o f th e a t w c o m p a n y
e x c e e d $ 1 ,0 0 0,0 0 0, a n d t h e a d d i t i o n a l w o r k i n g c a p i t a l p r o v i d e d u n d e r
t h e p la n Is th e f a r t h e r s u m o f $ 7 5 0 ,0 0 0 In c a s h . I t Is e s t im a t e d t h a t
th e e c o n o m ic * r e s u ltin g fro m a s in g le m a n a g e m e n t o f a ll th e c o n c e r n s
w i l t . In a u d it io n t o t b e p r e s e n t e a r n i n g s a n d w it h o u t a n y m a t e r ia l a d v a n c e In p r i c e s , i n c r e a s e t h e n e t p r o f it s m o r e t h a n $ 9 0 0 ,0 0 0 p e r an
n u tn . T h e o w n e r s o f t h e p la n t s h a v e a c c e p t e d In p a y m e n t f o r t h e i r
p l a n t s a n d u n d e r w r it t e n a b o u t 3 0 p e r c e n t o f t h e s e c u r it i e s n o w to
b e Is s u e d . T h e m a n u f a c t u r e r * h a v i n g th e l a r g e s t b u s i n e s s a n d th e
w id e s t a n d m o s t s u c c e s s f u l e x p e r i e n c e h a v e c o n s e n t e d t o s e r v e i
d i r e c t o r s o f t h e n e w c o m p a n y a n d t o m a n a g e Its a ffa ir s .

For the purpose of carrying oat the above plan Simon
Borg & Co. and P. J. Goodhart & Co. jointly offer for sub
scription $3,750,000 preferred stock at par, with on equal
amount of common stock.—V. 68, p. 618.
Fort Wayne Electric C orporation.—Sale.—At Iadianapyiis, on March 31, Judge Baker, of the Federal Court, en­
tered an order directing that the company's plant be offered
for sale on April 18 and thereafter until (in acceptable offer
be received. A press dispatch says:
T h e p l a n t , a s s h o w n t o t h e C o u r t , Is a p p r a is e d a t * 7 0 0 ,0 0 0 . w it h t o ­
t a l l ia b il i t i e s o r * 1 . 0 0 0 , 0 0 0 . T h e c o m p a n y o w e * d i r e c t l y $ 0 0 0 ,0 0 0 ,
t h e b a l a n c e b a iliff l ie n s a * I n d o r s e r s , o n w h ic h It is e x p e c t e d t h a t t h e
p r i n c ip a ls w ill p a y o f f s n r flc lc n t t o r e d u c e t h e l ia b il i t i e s t o $ 1 , 2 0 0 ,0 0 0 .

The General Electric Co. has held a first mortgage on the
plant for $255,000: $11,000 o f debenture 6s, due 1914, have
been sold at auction recently at 5,—V. 68, p, 282,
Galveston La Porte St Houston HR.—Galveston Houston
A Northern Ry. —Successor Company.—The charter o f the
Galveston Houston & Northern B y. C o„ the successor to the
Galveston La Porto & Houston RB., was filed at Austin.
Tex., March 31. The principal office is located at Houston,
and the company ha* a capital stock of $500,000. The incor­
porators are Charles S. Broad head. Delacy Chandler, John
H, Atkinson, W. B. Munson and J. T. Mansion. L. J, Smith,
who bid in the road at foreclosure sale, assigned his interest
to Charles S. Broadbead, by whom the final payment of pur­
chase monev was made and to who n the road was ordered,
on March 29, to be transferred. A press dispatch says;
A le g a l s t r u g g le r i l l o o m e l a t b e d i s p o s i t i o n o f t h e * 1 2 5 .0 0 0 f o r
w flio u t h e rrMMi w a a p»«oha.«w?<l. T h e o u t u t a n d tn jf c la im s a m o u n t to
o v e r $ 1 * 3 0 0 .0 0 0 , O f th is a m o u n t # 2 4 3 0 0 0 a r e r e c e i v e r 's c e r t if ic a t e * .
T h e b o n d h o ld e r s w il l r e s is t t h e p a y m e n t o f t h e s e o n t h e g r o u n d t h a t
t h e y h a d n o n o t i c e o f ia s n e , t o w h ic h t h e y w e r e e n t i t l e d u n d e r th e
l a w . — 7s 6 8 . p . 0 1 8 .

Genesee & Wyoming Valley HR.—Reorganized.—The
Genesee & Wyoming Valley BB. was incorporated March 25
with $500,000 capital stock as successor o f the Genesee &
Wyoming Bail way. The directors are:
__ J o s e p h y . S m it h o f L y n n . M a s s : M ilo M . B o l d i n g , J r ., a n d E d m o n d #
P u t n e y o f S o w Y o r k C it y : E d w a r d L. F u lle r o f s d r a n t o n , F a .; H e n r v
D . F u lle r o f B a y o n n e O it y . I f. J : D a v i d H y m a n o f G e a e s e o a n d
F r a n k P. m a d e o f W e s t fie ld . N. J . - V . 6 7 , p . 1 2 0 7 .

Gregor Manufacturing Co.- Listed in Philadelphia.—The
company's $500,000 common stock (shares $10 each fall paid)
has been listed on the Philadelphia Stock Exchange. From
an official statement come the following fact# :
T h e c o m p a n y w a s i n c o r p o r a t e d In S e w J e r s e y D e e . 14
1 8 9 8 , to
m a n u f a c t u r e p a t e n t e d n o i s e le s s d e v i c e s f o r m a n h o l e c o v e r i n g * 1n
s e w e r s , etc.; a ls o g a t e v a l v e * t o r e g u l a t e f lo w o f w a t e r , g a * a n d o i l .

671

i m p r o v e d g a s - m e t e r s , e t o . I t s p r o p e r t y c o n s i s t s o f U n it e d S t a t e s
p a t e n t s , m a c h i n e r y , p a t t e r n s , d r a w in g s , m a t e r ia l a n d o t h e r e q u i p ­
m e n t i n w o r k s ( le a s e d w i t h o p t i o n o f p u r c h a s e ) l o c a t e d o n t h e e a s t
s id e o f 2 2 d S t ., b e t w e e n W a s h i n g t o n A v e . a n d A l t e r S t., P h il a d e l p h i a .
O f t h e c a p i t a l s t o c k ( $ 5 0 0 ,0 0 0 , a l l I s s u e d ) 8 1 0 ,0 0 0 w a s is s u e d f o r c a s h
a n d * 1 9 0 ,0 0 0 is s u e d f o r p a t e n t r i g h t s , m a c h i n e r y , e t c .
N o fu n d e d
d e b t . N o f lo a t i n g d e b t .

A Philadelphia paper says that the company manufactures
an asphaltum filled or noiseless manhole covering, w lrch
has been adopted by the Electric Bureau of Philadelphia ou
the underground system for municipal lighting, and is also
used in the sewerage systems of Philadelphia and New York.
H erring—H a ll—Marvin Co.—Safe Consolidation.—Plan
Stilt Unmatured. —The plans for uniting the safe manufac­
turers of the country are still unmatnred, and no prospectus
is obtainable. Gonnor & Co., No. 31 Nassau Street, are in ­
terested in the undertaking.—V. 68, p. 618.
Houston (T ex .) Water Co.—Re incorporation. Etc.—The
Houston Water Co. was recently incorporated with $240,000
of capital stock as successor o f the Houston Water W orks
Co. President Seanlan says :
T h e c h a n g e w « m a d e s i m p ly b e c a u s e t h e c h a r t e r o f t h e o l d c o m p a n y h a d e x p i r e d a n d w e h a d u> r e o r g a n i z e t o r e n e w o u r c o r p o r a t e r ig h t s .
T h e n e w c o m p a n y h a s a s s u m e d a ll t h e l ia b il i t i e s o f t h e o l d .

The claim of the Phoenix Lumber Co. to recover $80.'W
O
for loss by fire eight or nine years ago as a result, it is
claimed, of insufficient water pressure is still kept alive and
an application for a receiver was recently made on account
of it.
Hudson Tunnel Ry.—Safe May 2.—The foreclosure sale is
advertised for May 3 at Jersey City. The reorganization
plan adopted in June, 1896, and much, interesting informa­
tion regarding the state of the enterprise was in V. 63, p.
11T7 and V. 03, p. 154.—V. 68, p. 483.
Independent E lectric Light & Power Co. o f San Franclseo.—New Enterprise. —This company, with n capital of $10,0110,000, has filed articles of incorporation with the County
Clerk at Son Francisco. The directors are Claus Spreckels.
John S. Sprockets, Adolph B. Spreckels, Charles E. Hume
and W . K. Gibson.
Indiana Electric RB. Co. o f Goshen, Etc., Ind.—Consoli­
dated Company.—This company, with $1,000,000 o f author­
iz e ! capital stock, was organized at Goshen, Ind,, on March
28, to unite the old Indiana Electric Bail way Co. in Goshen
and Elkhart with the South Bend Street Ry., the South
Bead St Elkhart Street Ry, and the General Power & Quick
Transit Co. When the line between Elkhart and Misha­
waka is completed this spring the company will have a com­
plete line from Goshen to Siuth Bend and a system aggre­
gating 45 miles of track.—V. 61, p. 925.
Indianapolis Street Ry .—Contract Signed.—'The contract
with the city was sigued ou Thursday. The terms of this
contract as originally submitted were shown in our issue of
March 25, p. 571. At last accounts no prospectus had been
published (the one printed having been an old one), but the
understanding was that the share capital would be $5,000,000
and that $3,7-50,0 !0 new 1 percent bonds would be issued,
subject to the $1,000,000 of existing bonds (see V. 68, p. 473).
City requires payment o f $1,280,000 cash in instalments.—
V. 68, p. 618.
Indo-Egyptian Compress Co.—Tncor/x>rated.—This com ­
pany has been incorporated at Trenton, N. J,, with author­
ized capital stock o f $15,009,000 [$10,000 paid in], by Charles
P. Howland and Hugh A. Bayne oi New York and George
Welwood Murray of Montclair.
International Navigation do,—New Mortgage tile d ,—
The company has filed its new mortgage for $20,000,0X1 on
all its real estate, steamships, stocks and privileges, includ­
ing piers No*. 14 and 15, North River, to the Fidelity Insur­
ance, Trust & Safe Deposit C x , as trustee.—V. 68, p. 524.
International Power Company.—Prospectus.— A pros­
pectus gives the following informatio i regarding this com­
pany, recently known as the International Air Power Co,:
T h e c o m p a n y I* a N o w J o r s e y - c o r p o r a t i o n , c a p i t a l i z e d a t * 9 , 0 0 0 , OOO, d i v i d e d a * f o l l o w * : P r e f e r r e d s t o c k , * 6 0 0 , 0 0 '; c o m m o n s t o c k ,
8 7 ,4 0 0 ,0 0 0 . I t h a * p u r c h a s e d t h e R h o d e I s la n d L o c o m o t i v e W o r k s o f
P r o v i d e n c e , It, I ., a n d t h e p l a n t s o f tile A m e r i c a n W h e a l o o k E n g in e
G
o f W o r c e s t e r . M a s s ., t o g e t h e r w i t h t h e p a t e n t s a n d b u s i n e s s o f
b o th th ese c o n c e r n * , a n d h a* a rra n g e d t o p u rch a s e a c o n t r o llin g In ­
t e r e s t In a ll t h e r ig h t * o f t h e H o a d ljr K n ig h t s y s t e m o f c o m p r e s s e d
a ir . W h ile th e c o m p a n y w il l c o n t i n u e t h e m a n u f a c t u r e o f s t a t i o n a r y
e n g in e s a n d lo c o m o t iv e s a t W o r c e s te r a n d P r o v ld e n o o . r e s p e c t iv e ly .
It# c h i e f s p e c i a l t y w i l l h e t b o m a n u f a c t u r e o f t h e a u t o t r u c k . It w ill
a l s o p r o d u c e a i r l o c o m o t i v e s , a i r c a r s a n d a i r c o m p r e s s o r s t o f u r n is h
p o w e r t o th e a u t o t r u c k s , a i r c a r s a n d a ir l o c o m o t i v e s . T h e I n t e r n a ­
t io n a l c o m p a n y w il l a c t a s a p a r e n t c o n c e r n t o a u t o t r u c k c o m ­
p a n ie s , w h ic h It Is in t e n d e d t o o r g a n i z e I n a ll o f t h e l a r g e r o lt l o s o f t h e
w o r ld .
T h e c o m p a n y Is t > s t a r t o u t f r e e f r o m f lo a t i n g d e b t a n d w it h a l it t l e
o v e r * 2 , 0 0 0 , 0 0 0 c a s h f o r w o r k i n g c a p it a l a n d e x t e n s i o n s a n d I m ­
p r o v e m e n t s , It# a s s e t s b e in g : P r o p e r t i e s ,p a t e n t s , m a n u f a c t u r in g r i g h t s ,
c o n t r a c t s o n b a u d , * > ,0 0 0 ,0 0 0 ; c a s h c a p i t a l, a b o u t $ 2 ,0 0 0 ,0 0 0 : t o t a l ,
$ 6 , 0 0 0 ,0 0 0 . G o a c o n s e r v a t i v e b a s is t h e a n n u a l p r o i lt s a r e e s t im a t e d
a * f o l l o w s : F r o m s t e a m l o o o m o i l v e b u s i n e s s , $ 2 5 0 ,0 0 0 ; f r o m s t a t i o n ­
a r y s t e a m e n g i n e b u s i n e s s , $ 5 0 0 ,0 0 0 ; f r o m a i r m o t o r b u s in e s s ,
* 2 . 0 0 0 , 0 0 0 ; t o t a l, $ 2 ,7 5 0 ,0 0 0 ,
T h e c o m p a n y b n * a n o r d e r f o r 1 ,0 0 0 a u t o t r u o k s f o r t lio N e w Y o r k
A u to t r u c k C o m p a n y . A s th e s u b s titu tio n o f e le c t r ic , c a b le a n d c o m ­
p r e s s e d a i r p r o p u l s i o n f o r 1 0 ,0 0 0 h o r s e s o n t h e s t r e e t c a r U n as o f N e w
Y o r k C i t y I n s t il l e d a c a p i t a li z a t i o n o f o v e r $ 2 0 0 ,0 0 0 ,0 0 0 t h e s u b s t i t u ­
t io n o f c o m p r e s s e d a ir p o w e r f o r 1 1 0 ,0 0 0 h o r s e s u s e d In t h e t r u c k i n g
b u s in e s s In th e s a m e p r o p o r t io n s h o u l d s h o w a f a ir r e t u r n o n a c a p i ­
t a l iz a t i o n o f * 2 , 0 0 0 , 0 0 0 , 0 0 0 .

It is aaitl to have been the original in tendon to issue only
common stock, but certain o f the interests bought oat de­
manded preferred stock and $800,000 was issued to take care
o f them. All of the stock to be offered for subscription is

TtiE CHRONICLE.

672

reported as underwritten, and the public will be asked to
take no hand in the project.
The Corliss Steam Engine Works at Providence, control
of which waB arranged for last February (see V . 68, p. 282),
were taken over last week. President Joseph H. Hoadley is
quoted as saying:
T h e I n t e r n a t io n a l P o w e r C o . h a s n o w a b s o l u t e c o n t r o l o f e v e r y p i e c e
o f p r o p e r t y o f t h e C o r l i s s C o . a s a n a s s e t in t h e m o r t g a g e w h ic h w e
h o ld . T h e p l a n t is v a l u e d a t $ 2 ,0 0 0 , 0 0 0 a n d is o n e o f t h e b e s t k n o w n
e n g i n e w o r k s in t h e w o r l d . I t is o u r i n t e n t io n t o c o n c e n t r a t e t h e
w h o le c o m p r e s s e d a ir i n d u s t r y a t P r o v i d e n c e . A l r e a d y a p p li c a t io n
h a s b e e n m a d e f o r 1 0 ,0 0 0 a u t o t r u c k s . O u r p la n t s , w it h t h e ir p r e s e n t
e q u i p m e n t , c a n p r o d u c e a t l e a s t 4 , 0 0 0 o f t h e s e a n n u a l ly .— V . 0 8 , p . 5 7 1 .

Jacksonville Tampa & Key West R y.—Savannah Florida
& Western Ky.—Purchased.—The main line of the Jackeon
ville Tampa & Key West Railway wss purchased at fore­
closure sale on Tuesday by the Plant Investment Co., owners
of the Savannah Florida & Western and other lines, for
$600,000. The Atlantic Coast St. Johns & Indian River Di­
vision was knocked down to T. Sanford Beaty of New York
for $60,000. By purchase of the main line the Plant system
obtains a through line from Tampa to Charleston via Jack­
sonville.
Sale o f Deposited Bonds.—The Smith Committee had
previously sold its certificates to the Plant system at 45 per
cent, of which 40 per cent is to he paid in cash immediately,
and 5 per cent later on, provided, however, that the claims
prior to the first mortgage do not exceed $350,000. In case
they should exceed this amount the bondholders are to make
good the difference, and the 5 per cent is held back for that
purpose. The Lisman Committee, which was organized for
the purpose of preventing an assessment, and selling the
road, has sold its bonds to the Plant System for cash, and
its certificates,, have gone in on the same basis as those of
the Smith Committee. The total issue o f first mortgage 6s
was $1,566,000, nearly all of which have accepted the offer of
the Plant Investment Company. The final notice to nonassenting bondholders appears in our advertising columns.—
Y. 68, p 618, 86.
Kansas City Pittsburg & G ulf RR.—Default.—Receivers
Appointed.—A t a late hour on March 31 Judge Gibson of
the City Court at Kansas City, on application of C. E Gran
nis of New Haven, a stockholder, appointed E. L. Martin,
Robert Gillhall and J. McD. Trimble—respectively VicePresident, General Manager and General Counsel of the
road—to be receivers of the property. President Stilwell says:
T h e u n c a r e d - f o r in d e b t e d n e s s , i n c l u d i n g t h e $ 5 7 5 ,0 0 0 c o u p o n s d u e
A p r i l 1 , is o n l y $ 1 ,0 0 0 ,0 0 0 , o r 5 p e r c e n t o f t lie c a p i t a l. T h e e a r n in g s
o f t h e r o a d f o r M a r c h w e r e $ 3 3 6 ,0 0 0 , f a r in e x c e s s o f a n y t h i n g t h a t I
h a d e x p e c t e d b e f o r e t h e c a n a l w a s c o m p le t e d . W it h t h i s a m o u n t o f
in d e b t e d n e s s i t w il l b e e a s y t o r e o r g a n i z e t h e r o a d a n d t o p u t it o n its
f e e t in a v e r y s h o r t t im e . I n t h r e e o r f o u r m o n t h s t h e r o a d , i f n o t i n ­
t e r f e r e d w it h , w o u ld h a v e p a i d i t s l lo a t i u g d e b t w it h o u t a n y t r o u b l e ,
a n d w o u ld h a v e h a d t o t a k e o a r e o n l y o f i t s c o u p o n s .

Interest on the deposited bonds was advanced at maturity,
April 1, at the Mercantile Trust Co , New York, and at the
office of Adolph Boissevain, in Amsterdam, for account of
the reorganization committee, as stated in the advertisement
in Chronicle of last week.
Second Application for a Receiver.—On April 6 the State
Trust Co. of New York, one of the trustees under the first
mortgage, filed suit in the Federal Court at Kansas City to
foreclose the mortgage and for the appointment of a re­
ceiver in the interests of the bondholders. The Missouri
Kansas & Texas Trust Co., as the other trustee, is made a
defendant in the suit. The present receivers, it is alleged,
represent the former management and cannot he expected to
administer the trust for the best interests of.the bondholders.
—'V. 68, p. 618.
Klnloch Telephone Co. o f St. Louis.—Mortgage.—The
company has placed on record a mortgage dated August 1,
1688, to the Mississippi Valley Trust Co., as trustee, to se­
cure an authorized issue of $2,CO ,000 of 30-year 6 per cent
O
first mortgage gold bonds. The mortgage provides that there
shall be certified $1,400,000 upon present plant, viz.:
A s w i t c h h o a r d w it h a c a p a c i t y o f 6 ,1 6 0 l in e s , a c o m p l e t e s u b w a y
s y s t e m tn t h e c o n d u i t d i s t r i c t , p o l l lin e s c o v e r i n g o v e r 9 ,0 0 0 p o le s ,
6 . 1 6 0 t e le p h o n e i n s t r u m e n t s , 4 ,5 0 0 o f w h ic h a r e i n s t a lle d a n d i n s e r­
v i c e b y s u b s c r ib e r s in S t. L o u is a n d E a s t S t L o u is , e to .

The remaining $600,000 bonds are to be reserved to meet
90 per cent of the cost of extensions or betterments, but
only when the revenue is to be increased thereby to show 6
per cent on the bonds issued therefor.—Y. 66, p. 336.
Lanyon Zinc Co.—M ortgage—The company has made a
mortgage for $2,COu.OOO to the Colonial Trust Co. of New
York, as trustee.—V. 68, p. 428.
Lowell Lawrence A Haverhill Street Ry.—Haverhill &
Ainesbury Street Ry.—Newhuryport & Aiuesbury R R.—
Brockton Street Ry —Purchased by a Syndicate.—Control
of these Massachusetts companies, it is understood, has been
acquired by a syndicate. It is suggested that the same syn­
dicate is probably back of the purchase of the Lynn & Bos­
ton system of 150 miles from the North Shore Traction Co.
[see below], and that the plan may be to bring the trolley
companies in the region tributary to Boston under one man­
agement. The companies above named have the following
amounts of road and capitalization:
Company.
Miles.
S lo c k .
F u n d e d d eb t.
L o w e ll L a w r e n c e & H a v e r h ill
H a v e r h ill A A m e s b u r y .......................
N e w h u r y p o r t A A m e s b u r y ..............
B r o c k t o n s t r e e t R y ..............................
L y n n A B o s t o n R R ..........
--- V fiS
m o * ,, t r i-o - n . i,

64%
26
20

43

IS O

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

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

[V ol . L X V III.

Manhattan (E levated) Railway.—Third Avenue RR.—
Traffic Agreement.—The following official announcement
was made on Monday: A traffic agreement, to take effect
not later than May 1, 1899, has been entered into between
the Manhattan Elevated rystem and the Third Avenue Rail­
way system [comprising the Third Avenue RR., the Dry
Dock East Broadway & Battery R R , the Forty-second
street Manhattanville & St. Nicholas Avenue RR. and the
Union Railway lines], providing for cross-town transfers to
the elevated railway’s at Canal Street, Grand Street,
42d Street, 110th Street, 125th Street, 135th Street and at all
the streets in the Twenty-third and Twenty fourth wards
where connection is made between the Suburban Elevated
and the Union Railway, for a transfer fee of 3 cents.
Passengers will also be able to transfer at all Third Ave­
nue elevated stations between the City Hall and 177th Street
to the surface cars beneath, and continue their journey to
intermediate streets, practically making each street corner
an elevated railway station.
President Gould, of the Manhattan Railway, says:
W e n o t o n ly p r a c t ic a lly e x te n d th e e le v a t e d s y s te m t o Y o n k e r s a n d
N e w R o c h e l l e , h u t b y c r o s s - t o w n l in e s w e s e c u r e d i r e c t c o n n e c t i o n
w it h t h e P e n n s y lv a n ia R a i l r o a d a t D e s b r o s s e s a n d C o r t l a n d t S t r e e t s ,
a s w e ll a s o t h e r I m p o r t a n t f e r r i e s o n t h e e a s t a n d w e s t s id e . A s t r o n g
p o i n t in t h e p l a n is t h a t i t t a k e s e f f e c t a n d w il l p r o d u c e r e s u l t s t o a ll
c o n c e r n e d a t o n c e . W e a re a ls o a t w o r k o n th e q u e s tio n o f j o in t
p o w e r h o u s e s a n d a n e v e n c lo s e r c lo s e r c o n s o lid a tio n o f th e t w o s y s ­
tem s.

The Union Railway is now being operated electrically,
and the other line# of the Third Avenue system are in proc­
ess of change to the underground trolley system, which will
soon be completed. The Manhattan Company has secured
the capital necessary for the change of its system to a thirdrail trolley road, and the alliance o f the two systems will
permit the development of the express service on the elevated
structure, with frequent trains running from thirty to forty
miles an hour, and of the local and cross-town traffic on the
surface lines, as is proposed in Brooklyn
A Railroad, not a Street Railway.—Attorney-General D a­
vies, at Albany, on Monday, decided that the Manhattan
Railway is a railroad, not a street railway corporation, and
that its bonds are a legal investment for savings banks.
Acquisition.—The reported acquisition by the Third A ve­
nue HR. Co. of the Tarry town White Plains & Mamaroneck
Ry. is mentioned under caption of that company.—V. 68, p.
618, 525.
Mexican National RR.—Called Bonds.—Notice is given
that 116 bonds of $ 1,000 each of the six per cent forty year first
mortgage bonds (prior lien) issue o f $12,500,000, have been
drawn for payment at par and will be paid on June 1, at the
agency of the Company in New York, or, at the option of
holders in London, at the counting house of Messrs. Matheson
6 Co., No. 3 Lombard Street, at a rate to be hereafter an­
nounced.—V. 68, p. 614, 618, 624.
Michigan Telephone Co.—Listed in Boston.—The $2,500,000 of capital stock of this company, now controlled by the
Erie Telegraph & Telephone Co , has been listed in Boston.
Charles J. Glidden is President.—Y. 68, p. 331.
Minneapolis & St. Louis RR.—Absorbed.—Deeds have
been filed transferring to the Minneapolis & St. Louis the 123
miles of the Wisconsin Minnesota & Pacific, which were re­
cently purchased per plan in V. 68, p. 130, 332.—Y. 68, p. 332.
Nashville Street R y.—Called Bonds.—The company has
called for payment at par and interest the $125,000 bonds of
Nashville & Edgefield Street R R. of the Series of Oct. 15,
1886. Tbe bonds will be paid on April 29 at the First
National Bank of Nashville, Tenn. —V. 68, p. 41.
National Cash R egister Co.—Incorporated.-T h is com­
pany has been incorporated in New Jersey with author­
ized capital stock of $5,000,000, of which $1,000,000 is to be
7 per cent cumulative preferred stock. The company takes
over tbe National Cash Register Company at Dayton, O.
An official announcement says :
T i l ls is n o t a c o n s o l i d a t i o n o f v a r i o u s c a s h r e g i s t e r c o m p a n i e s . T h e
N a t io n a l C o m p a n y a l r e a d y o w n s o r c o n t r o l s a b o u t a l l o f t h e v a l u a b l e
c a s h - r e g is t e r p a t e n t s . T h is i n c r e a s e d c a p i t a l i z a t i o n is s i m p l y t o e n a b le
it t o ta k e c a r e o f its r a p id ly in c r e a s in g b u s in e s s , a n d t o e n la r g e its
p l a n t , w h i c h is d e v o t e d e x c l u s i v e l y t o t h e m a n u f a c t u r e o f c a s h r e g i s ­
t e r s , o f w h ic h i t m a k e s n e a r l y o n e h u n d r e d s t y l e s a n d s iz e s .

National Fish Co.—New Enterprise. —Application was
file 1 at Dover, Del., on March 31 for a certificate incorpor­
ating this company, with a capitalization of $3,000,000. The
incorporators are John B. Neal, NapthaliD. Freeman, Solo­
mon Y. Cobb, John Burns, Jr., George M. Ingalls and Jay
C. Smith, all of Boston.
National Metallic Roofing Co.—Incorporated.—This com ­
pany recently filed a certificate of incorporation in the office
of the County Clerk at East Orange, N. J. The capital stock
was placed at $100,000, but this, it was said, would probably
be increased to $12,000,000. Incorporators: Harlan P. Lloyd
of Cincinnati, James B. Dill of this city and Frederick W .
Garvin.
National Steel Co.—Official Statement.—The following is
from official data:
O b g a n i z a t i o n .— O r g a n i z e d u n d e r l a w s o f N e w J e r s e y , F e b 2 7 ,
1 8 9 9 . A u t h o r i z e d c a p i t a l: 7 p e r c e n t c u m u l a t i v e p r e f e r r e d s t o c k ,
$ 2 7 ,0 0 0 ,0 0 0 ; c o m m o n s t o o k , $ 3 2 ,0 0 0 ,0 0 0
Ou1 s t a n d i n g : P r e f e r r e d ,
$ 2 6 ,0 0 0 ,0 0 0 ; c o m m o n , $ 3 2 ,0 0 0 ,0 0 0 ; l e a v i n g in t h e t r e a s u r y $ 1 , 0 0 0 , 0 0 0 p r e fe r r e d stu ck . P a r v a lu e o f s h a re s, $ 1 0 0 .
P l a n t a n d B o n d s .—T h e p r o p e r t y c o n s i s t s o f t h e p l a n t s a c q u i r e d
fr o m t h e fo llo w in g c o m p a n ie s , s u b je c t t o th e f o llo w in g b o n d a n d
t n o r t g a g o in d e b t e d n e s s a g g r e g a t i n g $ 2 ,5 6 1 ,0 0 0 .

A p r il 8, 1899. J

THE CHRONICLE.

p l a n yg a s I ) l i e ns t u e h k o n .
A m o u n t.
O h io S t e e l C o ., Y o u n g s t o w n , O ., 6 p e r c e n t b o n d s , r e d e e m ­
a b l e J u n e 1 , 1 9 0 1 , d u e J u n e ! , 1 9 0 8 ...............................................$ 1 , 0 0 0 , 0 0 0
S h e n a u g o V a ll e y S t e e l C o .. N e w C a s t l e , P a ., 6 p e r c e n t
b o n d s , $ 1 5 0 ,0 0 0 d u e O e t. 1 . 1 9 0 2 ; $ 1 0 0 ,0 0 0 d u e J u n e 1,
1 9 0 1 ; $ 8 0 ,0 0 0 d u e S e p t . 1 , 1 9 0 2 ......................... ...............................
3 3 0 ,0 0 0
K i n g , G il b e r t & W a r n e r C o ., C o lu m b u s , O ,, 6 p e r c e n t b o n d s ,
$ 1 0 0 ,0 0 0 d u e M a y 1, 1 9 0 5 ; $ 3 0 ,0 0 0 d u e J a n . 1 , 1 9 0 0 .........
1 3 0 ,0 0 0
i E t n a S t a n d a r d I r o n A S t e e l C o . B r i d g e p o r t . O ., 6 p e r c e n t
b o n d s, r e d e e m a b le J a n . 1, 1 9 0 1 ; d u e J a n . 1 , 1 9 0 8 . . . . . . —
6 0 0 ,0 0 0
B e l l a i r e S t e e l C o ., B e l l a i r e , O ., 6 p e r c e n t b o n d s , r e d e e m ­
a b le M a r c h 2 , 1 9 0 1 , d u e M a r c h 2 , 1 9 0 6 .........................................
3 0 1 ,0 0 0
B u h l S t e e l O o ., S h a r o n , P a ., 6 p e r e e u t b o n d s d u e N o v . 1 ,'0 3
2 0 0 ,0 0 0
U n io n I r o n A S t e e l C o ., Y o u n g s t o w n , O . . ..................................
N one
T h e re a re n o o t h e r In c u m b r a n c e s u p o n a n y o f th e p r o p e r t ie s a fo r e ­
s a id . T h e a b o v e c o m p r i s e s m o d e r n s t e e l w o r k s , b l a s t f u r n a c e s a n d
r o l l i n g m il l s , w e ll e q u i p p e d a n d a d v a n t a g e o u s l y l o c a t e d , w i t h a y e a r ­
l y c a p a c i t y t o p r o d u c e 1 ,8 0 0 .0 0 0 t o n s o f s t e e l. T h e c o m p a n y h a s a
c a s h w o r k i n g c a p l t a l o f $ 9 ,0 0 0 ,0 0 0 . R e g i s t r a r , F i r s t N a t io n a l B a n k
o f N ew Y ork . T ra n sfe r A g e n t, G u a ra n ty T ru st C o. o f N ew Y ork .
C h a r t e k R i g h t s .— T h e c h a r t e r g i v e s t h e c o m p a n y a u t h o r i t y t o
g u a r a n t e e th e p a y m e n t o f d i v i d e n d s o r l n t e r e s t o u a n y s h a r e s . s t o c k s ,
d e b e n t u r e s o r o t h e r s e c u r i t i e s le a n e d b y , o r a n y o t h e r c o n t r a c t o r o b
l ig a t i o n o f , a n y c o r p o r a t i o n w h e n e v e r p r o p e r o r n e c e s s a r y f o r t h e
b u s i n e s s o f th is c o r p o r a t i o n In t h e j u d g m e n t o f i t s d i r e c t o r s o r th e
e x e c u t iv e c o m m itte e .
«
B o th p r e fe r r e d a n d c o m m o n s t o c k s h a ll h a v e eq u a l v o t in g p o w e r s .
T h e c o r p o r a t i o n s h a l l n o t b e a t l i b e r t y w i t h o u t t h e o o n s e n t In w r i t in g
fir s t o b t a i n e d o f t h e h o l d e r s o f t w o - t h i r d s In a m o u n t o f t h e p r e f e r r e d
s t o c k is s u e d a n d o u t s t a n d i n g ; (a ) T o c r e a t e o r Is s u e a n y o t h e r o r
f u r t h e r s h a r e * r a n k in g In a n y r e s p e c t p a r i p a s s u w i t h o r In p r i o r i t y
t o th e a f o r e s a i d Is s u e o f $ 2 7 ,0 0 0 ,0 0 0 o f p r e f e r e n c e s h a r e s ; ib) N o r t o
I n c r e a s e a n y c h a r g e , e x c e p t a s h e r e in p r o v i d e d , u p o n t h e n e t p r o h t s
o f t h e c o r p o r a t i o n w h ic h s h a ll n o t b e s u b o r d i n a t e t o t h e r i g h t s o f t h e
p r e f e r e n c e s h a r e s ; (c l N o r t o r e s e r v e a s u r p l u s fu n d w h ic h s h a ll n o t
b e c h a r g e a b l e w it h t h e p a y m e n t o f th e a c c r u e d d i v i d e n d s o n t h e
p re fe re n ce sh ares.
T h e s a id p r e fe r e n c e sh a re s s h a ll c a r r y a fir e d c u m u la t iv e p r e fe r e n ­
t ia l d i v i d e n d a t t h e r a t e o f . b u t n e v e r e x c e e d i n g , 7 p e r c e n t p e r a n ­
nu m o n th e p a r v a lu e th e r e o f. I n a n y y e a r d iv id e n d s a m o u n t in g to 7
p e r c e n t p e r a n n u m s h a l l n o t h e p a id o n s u c h p r e f e r r e d s t o c k , h u t t h e
d e f i c i e n c y s h a ll b e a c h a r g e o n t h e n e t p r e fit s , a n d b e p a y a b l a , b u t
w it h o u t I n t e r e s t , b e f o r e a n y d i v i d e n d s s h a ll b e p a i d u p o n o r s e t a p a r t
f o r t h e c o m m o n s t o c k . T h e b a l a n c e o f t h e n e t p r o f it s , a f t e r t h e p a y ­
m e n t o f s a id c u m u l a t iv e d i v i d e n d a t t h e r a t e o f 7 p e r c e n t p e r a n n u m
to th e h o ld e r s o f th e p r e fe r r e d s t o c k , m a y b o d is tr ib u te d a s d iv id e n d s
a m o n g t h e h o ld e r * o f t h e g e n e r a l o r c o m m o n s t o c k , a s a n d w h e n t h e
b o a r d o f d i r e c t o r s o r t h e e x e c u t i v e c o m m i t t e e s h a ll In t h e i r d i s c r e t i o n
d e t e r m in e . I n t h e e v e n t o f l iq u id a t i o n t h e s u r p l u s a s s e t s s h a ll b e
a p p t l e d In t h e fir s t p l a c e 'n r e p a y i n g t o t h e h o ld e r * o f th-> a f o r e s a i d
c u m u l a t i v e p r e f e r e n c e s h a r e s t h e f u ll a m o u n t o f t h e p r i n c i p a l t h e r e o f
a n d t h e a c c r u e d C I v ld e n d s . If a n y , c h a r g e d b e f o r e a n y a m o u n t s h a ll
h e p a id u p o n th e c o m m o n s t o c k .
F r o m tim e t o t im e t h e p r e f e r r e d a n d c o m m o n s t o r k m s y b e Is s u e d
In s u c h a m o u n t a n d p r o p o r t i o n a s s h a ll b e d e t e r m in e d b y t h e h o a r d
o f d i r e c t o r s . In a c e o r d a r c e w it h t h e l a w s o f N e w J e r s e y .
O f f i c e r s »sn » D i r e c t o r s , —T h e s e w o r e s h o w n l a V . 6 9 , p . 4 2 9 . T h e
d i r e c t o r s a r e d i v i d e d I n t o f iv e c la u s e s , t h r e e i n e a c h c la s s , c la s s l t o
s e r v e 1 y e a r ; c l a s s 2 t o s e r v e 2 y e a r s ; c la s s 3 t o s e r v o 3 y e a r s ; c l a s s 4
t o t e r v e 4 y e a r s ; c la s s 5 t o s e r v e 5 y e a r s . —V . 6 8 , p. 6 1 9 .

673

Overland Telegraph Co.—On Unlisted in Philadelphia —
This new company's $1,000,000 capital stock, nar value $10
per share, was recently placed on the unlisted department of
the Philadelphia Stock Exchange. The company will intro­
duce a system of telegraphy, using an electrical typewriter
for transmitting and receiving messages. President, Gilbert
E. Palen, and the other members o f the board areC. Howard
Schermerhorn, W . Harry Mattson, Samuel B. Scbrack and
Joseph M. Steele, all of Philadelphia.
P acific American Fisheries Co.—Cfficers.—The company’s
organization.it is stated, has been completed, with John
Cudahy o f Chicago as President, Charles Counselman as
Treasurer and Levy Mayer as General Counsel.— V, 68, p. 430.
Pasadena A Mount IViIson Ry.—SOM. —This road, known
as the Mount Lowe Railway, and consisting of an electric
railway and cable incline up Mount Lowe, a peak north o f
Pasadena, Cal., was sold under foreclosure at Los Angeles,
Cal., March 28, and was purchased for $190,000 by Arthur
L. Haws, who is said to represent Valentine Peyton of Dan­
ville, HI.
People’s Ry.— Llnilell Ry. o f St. Louis.—Sole.—The sale
of the People’s Railway to Brown Brothers & Co. has been
practically arranged and is expected to be consummated
next week.—V, 68, p. 332, 428.
Peoria A Pekin Traction Co.—Hew Enterprise and
Bonds.—The “ Boston Financial News" says :
T u c k e r , A n t h o n y A C o . o f t h is o i t y w i l l f in a n c e a m i b u i l d a b o u t 1 0
mil*-* o f r a llr o iid f o r t h e P e o r i a A P e k in T r a c t i o n C o ., a c o n c e r n in ­
te n d e d t o d o a t r a n s fe r p a s^ en ^ er a n d fr e ig h t b u s in e s s b e t w e e n th e s e
I l l i n o i s c it i e s . I t w il l b e e q u i p p e d t o h a n d le f r e i g h t b y e t^ a m a n d
p a s s e n g e r s b y e le c t r ic it y . T h e c o m p a n y o w n s la r g e t e r m in a ls a t
P e o r i a a n d P e k in , a n d lia s a 5 0 - y e a r * le a s e o f t h e C h i c a g o R o c k I s la n d
vie P a c if ic R R . t e r m i n a l s a t P e o r ia , w h ic h g i v e s t h e P e o r i a & P e k in
e n t r a n c e t o e v e r y I n d u s t r y in P e o r ia , w it h t h e p r i v i l e g e o f h a n d li n g a i l
t h e f r e i g h t e x c e p t t h a t r u n n i n g o v e r t h e R o c k I s la n d r o a d . T h e c o m ­
p a n y a U o h a * a 5 0 j e a r * t r u ffle a g r e e m e n t w it h t h e C e n t r a l S t r e e t R y .
o f P e o r ia , w h ic h r o a d c o n t r o l s a l l t h e s u r f a c e H u e s o f t h e c i t y . T h e
c o m p a n y w ill !«*«u© 3 0 - y e a r * 5 p e r c e n t g o l d b o n d s a m o u n t i n g t o
$ 5 0 0 ,0 0 0 a n d s t o c k a m o u n t i n g t o $ 5 0 0 ,0 0 0 . W . H . T r u m b u ll a n d P .
L. &ftlt*rnaufcll o f B o s t o n a r c o o t h e b o a r d o f d i r e c t o r s , M r . T r u m b u ll
b r i n g V i c e P r e s i d e n t . T h e o d o r e J . M ille r , o f P e o r i a , i s P r e a i d e u t . T h e
r o a d is g r a d e d a n d 1* t o b e fin is h e d b y J u n e .

Pratt A Whitney Vo.—Annual Report.—Amos Whitney
was elected President, Rowland Swift, Vice-President; Ros­
well F. Blodgett, Secretary, and J. C. Stirling, Treasurer.
The Executive Committee conairta of Rowland Swift, J. R.
Redfield, C. C. Cnyler, T. J. Nicholl and Ajnos Whitney.
The Hattford “ Courunt" says:
T h e t r e a s u r e r 's r e p o r t o f t h e b u n in e * * f o r t h e p a s t y e a r s h o w e d

a

New Brunswick 6 m -Light Co. — Offer to Purchase.— groMR p r o f it o n s s I iir a m o u n t i n g t o $ 1 ,3 1 5 , 5 0 3 t o h a v e b e e n $ 1 9 2 , O f 9 .
Rogers, Brown < Co. of 31 Nassau Street, New York, it is F r o m ih l* t h e r e w a s d e d u c t e d f o r b a d a n d d o u b t f u l a c c o u n t s $ 3 9 ,8 4 0 ;
fe
ex
g
m
ne
epar
t
7
understood, have offered $405,000 for this company's stock, s e rpveendd e fdo rIn ddeepvreelcoip itn o n w e ig h i n g h i n a c h i n n d d s u n d trm e nm, a$ l3 8a,8c o4u; nrt e ­
a i
o f m ac
ery
y s
l
c
s,
being equal to $81 per share for each o f the 5,000 shares of $ 3 2 ,0 1 4 ; a t o t a l o f $ 1 0 9 ,7 2 8 . T b ia l e a v e s a n e t a d d i t i o n t o t h e p r o f it
$20 each.
a n d l o s s a c c o u n t f o r 1 8 9 3 o f $ 8 2 ,9 4 1 .
Rapid Transit in New York City—New York A Rrooklyn
New England E lectrical Vehicle A Transportation Co.—
Instalments on Stock.—Boston “ Journal” of March 31 said; R R.—Proposition o f Metropolis Contract Company.—Fred­
erick B. Esler, representing the Metropolis Contract Com­
T h is c o m p a n y 1* o r g a n i s e d u n d e r t h e L a w s o f N e w J e r s e y w it h a n
pany, on Monday made a formal proposition on behalf of his
a u t h o r i s e d c a p i t a l s t o c k o f $ 2 5 ,0 0 0 ,0 0 0 , p a r $ IC O , o f w h ic h $ 1 5 ,0 0 0 ,6 0 0 h a s b e e n o f f e r e d a n d t a k e n a t p r i v a t e s u b s c r i p t i o n . I t Is p u t o u t company for the construction and operation o f the tunnel
o n t h e b a s is o f a 10 p e r c e n t p a y m e n t — 5 p e r c e n t p a y a b le t o d a y a n d
railway. The substance of the proposition follows:
5 p e r c e n t p a y a b l e o n J a n e 1 5 . T h e s t o c k I# q u o t e d a t $ 1 0 b i d , w it h
" T h o M e t r o p o l i s C o n t r a c t O o . Is p r e p a r e d t o c o n t r a c t w it h th e C o m
m lt s t o n e r s o f R a p id T r a n s i t In a c c o r d a n c e w i t h t h e p la n s p r e p a r e d b y
t h e m , a n d n n d e r t h e l a w a * It n o w e x i s t s , f o r t h o c o n s t r u c t i o n o f t h e
e u t l r e r s p l d t r a n s it l in e f r o m P a r k R o w t o t h e B r o n x P a r k o n
t h o n o r t h a n d n o r t h e a s t , a n d t o w it h i n fiv e h u n d r e d f e e t o f t h e
Northern Central Ry.—Called Bonds -—
The following p r e s e n t K ln itsbrlrtire s t a t io n o f t h e N e w Y o r k A P u t n a m R R . C o .
consolidated general mortgage bonds have been drawn and o n t h e n o r t h a n d n o r t h w e s t , w it h e x p r e s s t r a in s , n s w e ll n « l o c a l , f o r
u
33 0
.
ill c
p et
h
t
w
n
will he payable at the London Joint Stock Bank, Limited, in t h eo sy em ro f afn d .s i0 0m0o0not.h a nadf tw r a woam d iln g e tth oe e n nitrrea s t r u c t, uir ed e sitrheid ,
tw
a *
x
*
e
r
co
ct, or f
i
London, or at the office of the Treasurer in Baltimore, at w il l u n tld s u c h s e c t io n s fir s t a s y o u r C o m m is s io n m a y d e t e r m in e . I t
option of holders, on Jnly 1. 1899, when all interest thereon w il l a g r e e t o p a y t o t h e c i t y t h e I n t e r e s t o n t h e b o n d s Is s u e d b y t h o
t
n tru
,
cr
d w
ay
will cease, viz,; Series A, 104 bonds, for £200 sterling, or c i t y" f o rp o on c-ip a lo tolfo n ll atn d abl s o d s e a teef oar e s itnhkeiin g mf u nu r it yh icsh tw ill p h e
"
ri
a
he
on
b
r
at
,
o hat t
$1,0C0 gold, each, £20,800 or $104,000 gold, and Series B, 52 r e n d a n d t u n n e l w il l b e c o m e t h e p r o p e r t y o f t h e c i t y o f N e w Y o r k
bonds, for £200 sterling, or $1,000 gold, each.£10,400 or $52,- w it h o u t t h e e x p e n d i t u r e o f a n y m o n e y w h a t e v e r , a b s o l u t e l y c le a r o f
a y
add
o
o
he i y
as
000 gold; 156 bonds amounting together to £31,200, or $156,- 5 n p eIrn ccu mtb roafn cte . e Iann n u a lit ig rno sts wehcicih tIt w il l tp aey ct o m C atn yT rf e o mu r ellr
en
h
r e p * of h
p
r
a
OOO.-V. 88, p, 375, 3>2.
sou rce*.
“ I t w il l a g r e e t o t r a n s f e r w it h o u t a d d i t i o n a l f a r o t o a n y l i n e c r o s s
North Jersey Street By. Co.—North Hudson County Ry. i n g lta r o u t e , o w n e d o r c o n t r o l l e d b y t h e M e t r o p o l i t a n S t r e e t R a i l w a y
— Lease.—The North Jersey Street Ry. Co., it is stated, has C o ,, t h e T h ir d A v e n u e R a i l w a y C o . o r a n y o t h e r a t r e e t -s u r f a o e r a i l w a y
abont completed arrangements for leasing the North Hudson c o m p a n y , a n d w ill g i v e t o s u c h s u r f a c e r a i l w a y c o m p a n y t w o a n d o n e h a l f c e n t s o n t o t t h e f iv e r e c e iv e d b y It f o r f a r e , a n d w il l a c c e p t f r o m
County Ry.
a n y s u c h s u r f a c e r a i lr o a d c o m p a n y I t* t r a n s f e r t ic k e t s , g o o d f o r t h o
Directors.—The North Jersey Street Ry. Co. has elected e n t i r e l in e o f t h e p r o p o s e d r a i lr o a d , o n t h e s a m e t e r m s . I n a d d i t i o n
t o w h ic h I t w ill c o n s t r u c t a t t h e s a m e t im e t h o t u n n e l f o r t h o N e w
the following as directors:
Y o r k & B r o o k l y n R R . C o . s e e V . 6 3 . p . 7 9 4 ; V . 8 4 , p. 831, t h e f r a n ­
A . J . C a s s a tt , E . F. C Y o u n g , T h o m a * D o ln n , P. A . B . W l d e n c r . J o h n
c h i s e f o r w h ic h is o w n e d b y a n a l li e d I n t e r e s t , a n d t r a n s t e r t o a n d
0.
O r t m m lo s , J . R o o s e v e l t S b s n l e y , L e * lto D . W a r d , W . L . E lk in * ,
f r o m B r o o k l y n u p o n t h e s a m e t e r ra s , t h a t Is t o s a y , f iv e c e n t s f o r a
J o h n F. D r y d e n , P e te r H a n e k , J r h n F. K e h o e , S'. O . M a t t h ie s e n , D a v id
s i n g l e fa r e . T h is l a t t e r c o r p o r a t i o n —t h e N e w Y o r k & B r o o k l y n R R . —
Y o u n g , G e o r g e F . P e r k in s a n d A . q , G a r r e t s o n . — V . 8 9 , p . 5 2 5 , 8 6 .
c o n t r o l s t h e H e n n i n g G r a v i t y R R . p a t e n t s , w h ic h c o v e r t h e m o d e o f
North Shore Traction Co,—Lynn A Boston R R.—Assets. c o n s t r u c t i o n , w h ic h r e q u i r e s t h o d e p r e s s i o n b e t w e e n s t a t io n s a n d a
dual
e a io
o
.
—The sale of the assets o f the North Shore Traction Co,, g r a Iri o r deel r vto tg un rta ntth e mth a t t h e r e s h a l l a l w a y s h e c a p i t a l s u f fi c ie n t
‘
a
ee
announced last w eek.it seems is to lie made to E. Rollins f o r th e o p e r a t i o n o f t h e r o a d a f t e r c o n s t r u c t i o n , t h e M e t r o p o li s C o n ­
Morse & Bro. and Tucker, Anthonv & Co., of Boston. The t r a c t C o . w il l c a u s e t o b e d e p n n it o d In th e U n it e d S t a t e s T r u s t C o . o f
assets include the entire capital stock, 81,266.000 of the Lynn N e w Y o r k a f u n d o f 8 5 , 0 0 0 ,0 0 0 , a v a i l a b l e o n l y f o r t h e p u r c h a s e o f
l
st
an
qu p
t n
r
pu
s
6 Boston RR. and a controlling interest in the Beverly & r o lairnagn t y oocfk t h ed ceo m ip lm tei n n 'a f d feo c otnhter a c tr, pfo s e silo f d o p e r att i o n .o n A t h a
gu
e o
th
t w l
eposi up
e
Danvers Street Railway. The purchase price is $2,598,800. a w a r d l n g o f th e c o n t r a c t $ 1 , 0 0 0 , 0 0 0 in c a s h w it h t h e C o m p t r o l l e r o f
t h e c i t y n n d a b o n d w it h s u f fi c ie n t s u r e t ie s f o r $ 1 5 ,0 0 0 ,0 0 0 f o r t b o
The North Shore Traction Co. has outstanding $2,000,0(10
c o m p le t i o n o f t h e r o o d w it h i n t h e s p e c i fi e d t im e , a n d $ 1 ,0 0 0 , 0 0 0 a d ­
preferred and $1,000,000 common stock.
d i t io n a l a s e c o n t i n u i n g s e c u r i t y f o r t h e p a y m e n t o f t h o s u m s a t th e
From the proceeds of the sale, it is learned, the holders of t im e a n d m a n n e r h e r e t o ! r o m e n t io n e d . T h is $ 1 ,0 0 0 , 0 0 0 b o n d s , w it h
North Shore Traction preferred will receive $91 per share, t h o r o ll i n g s t o c k a n d e q u i p m e n t , w h ic h w ill o u s t u n d e r y o u r s p e c i f i c a ­
while the balance, after meeting the cost of liquidation, will t io n s s o m e t h in g o v e r $ 3 ,0 0 0 ,0 0 0 , w il l b e a c o n t i n u i n g g u a r a n t y t h a t
t h e o l t y w ill r e c e i v e i t s p a y m e n t . ”

o n l y $ 5 p a id in. l i o n . G e o r g e v o n L . M e y e r w il l b o t h e P r e s i d e n t o f
t h e n e w c o m p a n y . T h e c o m p a n y * * c a b s w il l c o a t a b o u t $ 1 , 5 0 0 e a c h ,
a n d K (> h a v e b e e n o r d e r e d f o r N e w p o r t a n d 1 0 0 f o r B o s t o n . — V . 6 8 ,
p. 573.

go to the common stock holders, affording them not less
than $18, and perhaps $30, per share.—V, 68, p. 019.
Oakland (C al.) Transit Co.—Instalment on Stock.—Reso­
lutions have been adopted calling for an assessment of $1
per share upon the capital stock, to be paid by April 21.
Various improvements are in progress.—V. 68, p. 429.

The company states that it has already entered into con ­
tract with the Carnegie Steel Co., Limited, and others for
the necessary materials, etc., and has let sub-contracts cover­
ing all the underground and tunnel work. The nine con­
tracting firms, it is stated, are among the stockholders and
include some of the principal contractors in the country, as

674

THE CHRONJCLE

for instance. E D. Smith & Co. of Philadelphia, who lately
completed the Reading road’s subway in that city and were
employed on the Boston subway; John O’Brien & Co., etc.
Charles Sooysmith is to be chief engineer. The company
was incorporated in 1897 (see V. 65. p. 1174) with a nominal
capital of *10,000.—V. 68, p. 619; V. 64, p. 83.
Republic Iron £ Steel Co.—R olling Mill Consolidation.
—Company's Prospectus.—The plans for a consolidation of the
leading roiling mills of the Central and Southern States are
taking shape. It is proposed to organize In New Jersey
the Republic Iron & Steel Co. with authority to issue *25,000,000 of 7 per cent cumulative preferred and *30,000,000 of com­
mon stock, to consolidate twenty-nine plants making bar and
forge iron, these being practically all the plants west and
south of rittsburg. The new company will own also five
blast furnaces, as well as mining properties in the Mesaba
range, in the Lake Superior region; extensive iron and coal
lands and the coke plant of the Connellsville Coke Co. The
ore and coal lands include those belonging to the Pioneer
Mining & Manufacturing Co. of Birmingham, Ala. Of the
authorized capital, it is proposed to issue *20,500,000 of pre­
ferred and *27,000,000 of common to purchase the properties
and to provide *6,500,000 cash-working capital, leaving in
the treasury $4,500,000 of preferred and *3,000,000 common
to provide for the purchase o f additional property. The pre­
ferred is to have preference as to assets as well as dividends.
The actual output of the constituent companies in the
slack year 1898 was as follows:

[V O L

LX

V

III.

Carolina Extension RR. [see I n v e s t o r s ’ S u p p l e m e n t ] and
also *100,000 first mortgage 5 per cent gold bonds of the pro­
jected Sumpter & Wateree.—V. 67, p. 1106, 635.
Southern Calitornia Power Co.—Edison E le ctric o f Los
Angeles.—Bunds. A block of first mortgage 30 year 6 per
cent gold bonds o f the Southern California Power Co., part of
an authorized issue of *50 hO , dated Aug. 1, 1897, interest
OO
F.&A. at Chase National Bank, N. Y., were offered recently
in this market at 106>£. The following facts are given:
T he E d is o n E le o tr ic C o m p a n y o f L os A n g e le s o w n s a ll th e $ 1 0 0 ,0 0 0
oapltal s to c k o f th e S o u th e rn C a lifo rn ia P o w e r Co. an d g u a r a n te e s
th e b o n d s as to p r in c ip a l an d in te re s t. T h e m o r tg a g e Is m a d e t o th e
T it le In s u ra n c e & T ru st C o. o f L o s A n g e le s a n d c o v e r s m o d e rn
la n t n ea r R e d la n d s, C al., fo r the d e liv e r y o f 4 ,0 0 0 h o r se p o w e r In
os A n ge le s, P asad ena, eto .; 1 0 ,8 0 0 fe e t o f tu n n e lin g ; 8 0 m iles o f
p o le line; 1 .1 0 0 a cre s o f la n d , w ith w a te r a n d p o w e r p riv ile g e s o n
S anta A n a R iv e r a n d B ear C reek; tu n n e ls , flum js, e tc. C ash in v e s te d
$ 6 0 0 ,0 0 0 . W orks j u s t c o m p le te d a re d e liv e r in g 2 ,5 0 0 h o r s e p o w e r .
E a rn in g s e s tim a te d as a m in im u m a t $ 5 0 p e r 2 ,0 0 0 h o r se p o w e r ,
$ 1 0 0 ,0 0 0 ; n et. $ 7 0 ,0 0 0 ; in te re st p a y a b le , $ 3 0 ,0 0 0 .
T h e E d ison E le o tric Co. o f L os A n g e le s is s o le o w n e r o f th e P a s a ­
d e n a E le c tr ic L ig h t & P o w e r , and its in c o m e f o r 1 893 w a s $ 9 7 ,8 8 8 , o r
m o re than fiv e tim es its in te re st oh a rges. E stim a te d n e t e a rn in g s o f
th e th ree o o m p a u ie s in 1 89 9 , $ 1 4 5 ,0 0 0 ; In terest, 6 p e r c e n t o n $ 9 0 0 ,0 0 0 , $ 5 4 ,0 0 0 ; b a la n c e , $ 91 ,00 0 .

S

South Side Elevated R R. o f Chicago.—First Dividend.—
The directors on March 31 declared a" dividend of 1 per cent
upon the *10,323,800 capital stock, for the four months endding April 30, 1899, payable May 1, being at the rate of 3 per
cent per annum. The stock was given in exchange for the
bonds of the old company.—V. 68, p. 228.
T o n n a g e i n 1 8 9 ? — t r o u b a r s a n d s h a p e s , 5 4 2 ,2 2 1 t o n s ; s t e e l b a r s
Springfield (Mass.) Breweries Co.—Incorporated.—This
a n d s h a p e s , 1 0 8 ,1 2 2 ; r a ilr o a d a x l e s , 8 ,7 3 7 ; p l a t e s , 2 3 ,5 7 1 ; s h e e t s ,
company has been incorporated in West Virginia with *2,1 5 ,5 0 6 ; t o t a l, 6 9 3 ,? 1 7 . S p ik e s , b o l t s , e t o ., 3 8 ,1 6 6 ; t u r n b u o k le s , p i e c e s ,
500,000 of authorized capital stock.
Dean & Shibley of
1 8 2 ,7 4 1 ; p i g I r o n , t o n s , 2 2 5 ,9 1 6 .
Of the stock issue $20,500,000 preferred and a like amount New York and Providence, Francis R. Cooley of Hartford,
and others, have offered for subscription at par the following:
o f common is offered for subscription at par for the pre
$ 7 0 0 ,0 0 0 s in k in g fu n d 6 p er ce n t g o ld b o n d s , $ 5 0 0 ,0 0 0 c u m u la tiv e 8
ferred. Of such subscription the vendors were to take at
nt
red s c
d 2
,0
o
to
in g h p t
least *11,000,000, leaving *9,500,000 for general subscription. p e r celre ap rye feurb scribtod k oan o f $th0 0iss0 0 co m$m ,1n5 0s,0 0c0k , bboen d s, t$ 1e,1 5a0r,not a
d s
e f r
e
ue o f
1
The prospectus estimates tne first year's output of bar iron 0 0 0 p r e fe rr e d s to c k a n d $ 1 ,1 5 0 ,0 0 0 c o m m o n s to c k . T h e c o m b in e d
and steel and shapes and sheets at 900,000 tons, and the net p r o d u c t o f th e fo u r b re w e rie s is a b o u t 2 0 0 ,0 0 0 b a rre ls a n n u a lly , a n d
h e
a a
su fficien t m
ll
cr e a s
d
s. T e
profit as at least *3.445,000. D nninick & Dickerman of New th enyu al aavv ea cg ep n c ity ro fits f o r tt b o y ee e t a1 -9in-1 8 9 8 inagfteem a n d g in g b f f
an
ra
et p
e
a rs
7
,
r ch ar
o
York, Moore & Schley and W . C. Sheldon & Co. are con­ ail e xp e n se s , in c lu d in g d e p r e d a tio n an d sa la rie s, w e r e $ 2 5 4 ,6 4 3 ;
ch a rg e s w ill b e $ 1 ,1 5 0 ,0 0 0 b o n d s , 6 p e r ce n t, $ 6 9 ,0 0 0 ; $ 1 ,1 5 0 ,0 0 0 p r e ­
cerned in the underwriting.
fe rre d s to c k , 8 p e r ce n t, $ 9 2 ,0 0 0 ; b a la n c e f o r c o m m o n s to c k . $ 9 3 ,e 4 3 .
The following concerns, it is expectel, will be merged:
A n d r e w s B r o t h e r s C o ., Y o u n g s t o w n , O h io ; B r o w n - B o n n e l l I r o n C o .,
Y o u n g s t o w n , O h io ; M a h o n i n g V a ll e y I r o n O o „ Y o u n g s t o w n , O h io ;
C h e r r y V a ll e y I r o n W o r k s , L e e t o n i a , O h io ; A t l a n t i o I r o n & S t e e l
C o ., N e w C a s tle . P a .; L a k e E r i e I r o n C o ., C l e v e l a n d , O h io ; U n io n
B o l l in g M ill C o , C l e v e l a n d , O h io ; C o r n s I r o n & S t e e l C o .,M a s s i l o n ,
O h io ; T o l e d o R o l l i n g M ill C o ., T o l e d o , O h io ; M it c h e ll, T r a n t e r & C o .,
C in c in n a t i, O h io ; E n g le I r o n & B te e l C o ., I r o n t o n , O h io ; I n d i a n a Tron
C o ., M n n o ie , I n d ; M u n o i e I r o n & S t e e l C o ., M u n o le , Tn d.; W h it e K iv e r
M ills ; U n io n S t e e l C o ., A l e x a n d r i a , I n d .; M a r io n S t e e l & I r o n C o ..
M a r io n , I n d .; W e s t e r m a n -S t e w a v t I r o n C o ., M a r lo n , I n d .; W e t h e r a ld
B o l l i n g M il l C o ., F r a n k li n , I n d .; I n d i a n a F o r g e & R o l l i n g M ill C o .,
N e w A l b a n y , T n d.; C e n t r a l I r o n * S t e e l C o . , B r a z i l , Tn d.; W a b a s h I r o n
C o , T e r r e H a u t e , I n d ; T e r r e H a u t e I r o n & S t e e l C o ., T e r r e H a u t e ,
I n d .; T u d o r Tron W o r k s , E a s t S t. L o u is , 111.; S p r in g fie ld I r o n C o .,
S p r in g fie ld , 111.; I n la n d S t e e l & F o r g e C o ., C h ic a g o H e ig h t s , 111.;
M in n e s o t a ir o n & S t e e l C o ., M in n e a p o lis , M in n .; B ir m in g h a m R o l l in g
M ill C o ., B ir m in g h a m . A l a ; A l a b a m a R o l l i n g M ill C o ., d a t e C it y , A la .;
P i o n e e r M in in g & M a n u f a c t u r in g C o , B ir m in g h a m , A la .; C a m b r ia
M in in g C o ., L a k e S u p e r io r ; L i l li e M in in g C o ., L a k e S u p e r io r ; F r a n k li n
I r o n M in in g C o ., L a k e S u p e r io r , C o n n e ll s v i ll e C o k e C o ., C o n n e lls v ille
P a ; C r o t o n L i m e C o ., N e w C a s tle , P a .; S y l v a n S t e e l C o ., M o iin o , i l l ’

P re s id e n t, F ra n k lin P ie rce ; S e c r e t a r y a n d T re a s u re r, A rth u r I. N ash—V . 68, p . 620.

St. Louis A San Francisco RR.— form al Transfer.—The
St. Louis & Oklahoma City Railway sale was formally
closed March 31 and the property turned over to the St.
Louis & San Francisco R R. Co. Bonds to pay for the road
were sold some time ago to Redmond, Kerr & Co. o f New
York. The old bonds will be canceled.
Called Bonds.—Fifteen first mortgage 6 per cent bonds of
the Fort Smith & Van Buren Bridge Co. are called for re­
demption at 105 per cent and interest at the Mercantile
Trust Co., New York, on October 1st.—V. 68, p. 573.
Tacoma & Columbia R iver Ry.—Receiver.—Oa April 5
the Continental Trust Co., as mortgage trustee, secured the
appointment of Stuart Rice receiver for the company, the
interest due last September on a *500,000 mortgage made in
September, 1897, not having been paid. President Bailey
Rome (N. Y.) City Street Ry. —Increase o f Stock.—The has been trying to arrange for a new bond issue to take up
stockholders on March 31 voted to increase the capital stock the outstanding indebtedness and to complete the line.—See
from *50,000 to *150,000, John S. Ward well is President. I n v e s t o r s ’ S u p p l e m e n t .
San Antonio (T ex.) das. Electric Light & Street Ry.—
Bondholders’ Committee.—Otto T. Bannard, Elijah Smith
Properties—Prospectus.—The prospectus says.:
and Alfred Kessler have consented to act as a committee to
C a p i t a l i z a t i o n .— F o r t y y e a r 5 p e r c e n t g o l d b o n d , s e o u r e d b y d e ­ protect the interests of the first mortgage 5 per cent gold
p o s i t o f f ir s t m o r t g a g e , a m o u n t a u t h o r iz e d , $ 2 ,5 0 0 ,0 0 0 ; a m o u u t t o b e
bonds. Bondholders are requested to deposit their holdings
i s s u e d f o r p u r o b a B e o f p r o p e r t i e s a n d w o r k i n g c a p i t a l, $ 1 ,6 0 0 ,( 0 0 ;
a m o u n t r e s e r v e d f o r f u t u r e i m p r o v e m e n t s , $ 9 0 0 ,0 0 . S t o c k a u t h o r ­ with the Continental Trust Co., who will issue temporary
i z e d , $ 2 ,5 0 0 ,0 0 0 ; p r e s e n t Is s u e , $ 1 ,6 0 0 ,0 0 0 ; a m o u n t r e s e r v e d In t r e a s ­ trust receipts for bonds so deposited.
u r y . $ 9 0 0 ,0 0 0 .
E a k n i x g s .—N e t e a r n i n g s f o r y e a r e n d i n g D e o . 3 1 , 1 8 9 8 (e q u a l t o
Tarrytown White Plains & Mamaroneck R ailw ay—Third
5 p e l c e n t o n b o n d s a n d 4 p e r c e n t o n s t o c k ) , $ 1 4 1 ,3 9 3 ; e s t im a t e f o r
Avenue R R.— Purchase.—It is understood that the Tarry1 8 9 9 (e q u a l t o 5 p e r c e n t o n b o n d s a n d 5 p e r c e n t o n s t o o k ) . $ 1 6 4 0 0 0
town White Plains & Mamaroneck RR. has been purchased
P o p u la t i o n o v e r 5 5 , 0 0 0 , - V . 6 7 , p . 3 2 4 .
Scranton Ry.— Bonds Listed in Phila telphia.—The Phila­ by or in the interest of the Third Avenue R R. Co. The road
delphia Stock Exchange has listed *589,000 of the company’s is in operation from Tarrytown on the Hudson to Mama­
*3,500.000 first consols. Of the remainder of the authorized roneck on the Sound, passing through White Plains, and has
issue *311,000 is in the treasury, *1,600,000 in hands of trus­ a franchise for a line from Mount Vernon to White Plains to
tee to retire a like amount of underlying bonds, and *1,000,- a connection with the Union Railway o f the Third Avenue
000 is issuable for construction of new track, purchase of system.—V. 67, p. 435; V. 69, p. 525.
Tennessee Central Ry.—Projected Line.—President Jere
rolling stock, etc. There is no floating debt.—V. 67, p. 127,
Security Mortgage & Trust Co. o f Dallas, T e x .-L iq u i­ Baxter writes as follows regarding his projected line, which,
dation.—In the bankruptcy proceedings Judge Lacombe, in including branches, is to aggregate 232 miles of road:
O ur o
p r o je cte
t
in
the United States Circuit Court, on March 11 appointed n e“sse e , r v a d is a sh v ille , d ano e x te n d h fro mthC la rk sv illea n n oM ,id d le KT e n,­
ia N
d th ro u g
R u e rfo rd , C
n D e a lb
Arthur D. Masten master, to examine the accounts of the W hite, C u m b e rla n d a n d R oa n e c o u n tie s to H a rriin a n in E a s t T e n n e s ­
New York Security & Trust Co. as trustee for this Dallas see, w h e re i t w ill c o n n e c t w ith th e C in cin n a ti S o u th e rn a n d th e S o u th ­
company, and to wind up the affairs of the latter comnanv • ern S ystem . T h e ro a d w ill h a v e c o n n e ctio n a t C la rk s v ille b y an e x ___ V '
CO
Mf
J
Sioux City O’ Neill & Western Ry .-S a le May 26.foreclosure sale is advertised to be ’hela i at South Sioux Cil
el
Iowa, May 26.—V. 68, p. 475.
Snake River Talley lty.—Oregon HR. & Navigation (
—Construction.—Tne Snake River Valiev Ry. has grading
progress along the entire line between Wallula and Gran
City, Wash., Or7 mile3. The road i3 being built in t
interest of the Oregon RR. & N*vigation Co., and folio
the Snake River on tbe south side.— V. 68, p. 188.
South Carolina k Georgia R R —South Carolina
Georgia Extension RR.—Proposition to Guarantee Bon
—The stockholders of the South Carolina & Georgia R
will vote April 11 on a proposition to guarantee *1.800 C
4>4 Per
gold bonds to be issued by the South & Not

te n s io n o f 19 m ile s w ith th e Illin o is C en tra l. W e d o n o t u se th e N asbv lllo & K n o x v ille ro a d a t a ll, a n d w e d o n o t g o t o K n o x v ille ; w e s to p
a t H arriinan, K n o x v ille b e in g so m e 4 5 m ile s fu r th e r E a st. W o ru n
th ro u g h a line a g ric u ltu ra l c o u n t r y fr o m C la rk s v ille t o th e f o o t o f th e
m o u n ta in s, th e a so e n t o f w h ic h b e g in s a t S p a rta in W h ite C o u n ty ,
th en w e a sc e n d th e m o u n ta in s a n d s o o n re a ch th e le v e l p la te a u ,w h ich
e x te n d s a b o u t 4 0 m iles ea st; then w e d e so e n d the m o u n ta in s a t R ock w o o d , w h e re th e R o a n e Ir o n W o rk s a e lo ca te d , g e ttin g t h e r e b y in to
the v a lle y tra v e rs e d b y th e C in cin n a ti S ou th ern . T h e p la te a u a b o v e
re fe rr e d to is th e la rg e s t u n d e v e lo p e d c o k e a n d o o a l a rea n o w k n o w n
In th e U n ite d S ta te s, w h ich th is ro a d is in te n d e d t o e x p o s e to th e m a r­
kets o f th e w o r ld . Its c o k in g q u a litie s a re u n su rp a s se d b y e ith e r
C o n n e llsv ille o r P o ca h o n ta s .”

The contract for the whole line was recently reported let;
the 66 miles at the eastern end from Kingston and Harriman
Junction to Crossville and thence by branch to Monterey was
to be completed this year.—V. 68, p. 43
Thomas Iron C o . — Bonds Called.—The *350,000 first mort­
gage 5s of 1890 will be paid at the company’s office, No. 50

A p r il

8,

THE CHRONICLE

1899 ]

Wall Street, or at the Farmers’ Loan & Trust Co., on July 1,
1899. The company's capital stock is $3,500,(M par $50.
O;
Union Bag & Paper Co.—Official Statement.—The follow ­
ing is from an official statement:

J b e

675
(h a m m e r r ia l

COM M E R Cl A L

O r g a n iz a t io n . —I n c o r p o r a t e d u n d e r L a w s o f K e w J e r s e y F e b . 2 7 ,

g im e s .

EPITOME,

F riday N ight , April 7, 1899.

1 9 9 9 . A u t h o r i z e d c a p i t a l: C u m u la t iv e 7 p e r c e n t p r e f e r r e d s t o c k .
$ 1 1 ,0 0 0 ,0 0 0 ; c o m m o n s t o c k , $ 1 6 ,0 0 0 ,0 0 0 ; a l l o u t -it a n d tn g ; s h a r e s ,
The general business situation has undergone few changes
$ 1 0 0 each
N o p e r s o n a l l ia b il i t y . R e g i s t r a r , F i r s t N a t io n a l B a n k , of an important natnre.
Confidence has continued general.
N e w Y o r k ; tr a n s fe r a g e n t, M a n h a tta n T r u s t C o . L o c a t io n o f p la n ts :
The activity of demand, however, in some lines of merchan­
( H e r e f o ll o w s l is t s h o w n i n C u b o n i c l b o f F e b . 1 8 , p a g e 3 3 3 .)
I ' k k f e k k £ i > S t u c k . —T h e c e r t i f i c a t e o f i n c o r p o r a t i o n p r o v i d e s t h a t dise has shown something of a shrinkage; this is largely e x ­
t h e p r e f e r r e d s t o c k s h a ll h a v e a p r e f e r e n c e o v e r t h e c o m m o n s t o c k In plained by the fact that the speculative buying, which was
r e s p e c t t o d iv i d e n d s t o t h e a m o a n t o f 7 p e r c e n t p e r a n n u m , w h ic h
s h a ll b e c u m u l a t iv e —t h a t is t o s a y , n o d i v i d e n d s h a l l b e p a i d u p o n t h e quite general during the recent upward tendency to values,
has subsided, and the bulk of the orders now being received
c o m m o n s t o c k u n t il th e p r e f e r r e d s t o c k s h a ll h a v e r e c e i v e d d i v i d e n d s
a t s a id r a t e f r o m t h e t im e o f t h e Is s u e t h e r e o f . T h e p r e f e r r e d s t o c k
is in the way of actual trade wants, the higher prices rul­
s h a ll a l s o h a v e a p r e f e r e n c e o v e r t h e c o m m o n s t o c k i n a n y d i s t r i b u t i o n
ing having a tendency to make buyers more conservative in
o f t h e a s s e t s o f t h e c o r p o r a t i o n o t h e r t h a n p r o f it s u n t il t h e f u l l p a r
Unseasonable weather has continued to be
v a lu e t h e r e o f a n d 7 p e r c e n t p e r a n n u m t h e r e o n f r o m t h e t im e o f their operations.
is s u e s h a ll h a v e b e e n p a i d b y d i v i d e n d s o r d i s t r i b u t i o n . T h e p r e f e r r e d
experienced in the Middle West, and there are indications
s t o c k s h a ll n o t b e e n t i t l e d t o a n y d i v i d e n d i n e x c e s s o f s a i d i p e r o e n t that the winter-wheat crop has suffered some damage from
p e r a n n u m , n o r t o a n y s h a r e in d i s t r i b u t i o n o f a s s e t s In e x o e s s o f s a id
The fall of needed rains has seen re­
p a r v a l u e , a n d th e a m o u n t t h e n u n p a id o f s u c h c u m u l a t iv e d iv id e n d s , the cold weather.
ported in the Southwest, and has been favorable for crop
b u t o n l y t h e c o m m o n s t o c k s h a ll b e e n t i t l e d t o a n y f u r t h e r d i v i d e n d
o r t o a n y fa r th e r sh a re la d is trib u tio n .
preparations, particularly in Texas. The advices from the
R i g h t t o M u k t o a o e . —T h e c o r p o r a t i o n m a y , b y a c t i o n o f t h e b o a r d
Philippine Islands have been of a nature to create a hopeful
o f d i r e c t o r s , w it h o u t a s s e n t o r o t h e r a c t io n o f th e s t o c k h o l d e r s , e x
c e p t a s h e r e i n a f t e r p r o v i d e d , p u r c h a s e , a c q u i r e , h o l d , l e a s e , m o r t g a g e , feeling for a speedy termination o f the insurrection.
p l e d g e , s e ll a n d c o n v e y s u c h p r o p e r t y , t e a l , p e r s o n a l a n d m ix e d , w it h
A p ril I ,
M a r . 1,
A p r i l 1,
o u t , a s w e ll a s w it h in , s a id S t a t e o f N e w J e r s e y , a s th e b e a r d o f d i r e c t ­
B lo c k s o f M e r c h a n d is e .
1899.
1899.
1898
o r s m a y f r o m t im e t o t im e d e t e r m in e , a n d I n p a y m e n t f o r a n y p r o p ­
e r t y m a y Is s u e o r c a u s e t o b e is s u e d s t o c k o f t h e c o r p o r a t i o n o r b o n u s
P o r k ..............................
1 1 .1 7 4
1 2 .6 1 2
2 0 .7 4 S
th e r e o f, s e c u r e d b y p le d g e o r m o r tg a g e o r u n s e c u r e d , p r o v id e d , h o w ­
2 0 ,9 3 1
1 8 .8 4 4
1 8 ,8 5 2
e v e r , t h a t t h e c o r p o r a t i o n s h a ll n o t m o r t g a g e a n y p r o p e r t y , e x c e p t b y j L a r d . . . .............. ..
T o b a c c o , d o m e s t lo ------. . . . h h d * .
6 ,8 2 2
5 .9 6 6
1 4 ,2 2 1
p u r c h a s e m o n e y m o r t g a g e , w it h o u t t h e a » s e o t In w r i t in g o r b y a fllr m l o ff e e , R i o ..........t . . ............... b a g s .
7 8 5 ,6 8 9
9 7 2 .3 0 5
6 2 5 ,5 1 4
a t l v e v o t e o f t h e h o lu e r s o f a t le a s t t w o - t h i r d s o f t h e p r e f e r r e d .-to o k
J o tle e , o t h e r _______
1 5 0 ,9 0 0
1 0 6 ,3 0 4
5 ,9 7 8
t h e n Issu ed a n d o u ts ta n d in g .
O offee, J a v a , < k o ...
9 3 ,2 0 1
8 2.0-19
6 0 ,6 4 2
O F n c K H s —P r e s i d e n t , L . G . F is h e r . V i c * - P r e s id e n t , C h a r le s A .
N on© .
S w e a r ...........................
N one.
162
I le a n ; S e c o n d V i c e - P r e s id e n t , N . G , P i e r c e ; T r e a s u r e r , F r a n k W a s h S n g a r ...........................
2 7 ,0 0 0
48 455
3 0 3 ,5 7 1
b u m ; A s s is ta n t T r e a s u r e r , R a n d o lp h R o d m a n ; S e c r e t a r y , F ra n k
Stolaeae*. f o r e i g n . . . . . — .h h d a .
N one.
N one.
N one.
W a sh b u rn
T h e d i r e c t o r s a r e a s s h o w n In V . 6 8 . p. 4 7 8 . —V . 6 9 . p . 9 7 3 .
tlld<48.................... .. . ...................N o.
3 0 ,3 0 0
3 7 ,2 0 0
3 6 ,0 0 0
1 4 3 .0 1 9
1 1 3 ,4 0 6
1 9 0 .S 2 2
Union Tobacco Co.—Deposit*.—The Standard Trust Co. of G o t t e n .........................
i o a l n ...........................
11 9 1 7
2 2 ,3 3 2
3 4 ,6 7 5
New York is prepared to receive, under the terras of an S p irit* t u r p e n t i n e .
652
1 ,7 5 7
328
agreement dated March 23,1899, deposits
certificates for j t w . . . ............... ..........
1 ,6 7 7
2 ,1 9 4
1 ,6 3 3
ttloe, E l ....................
1 ,0 >0
1 ,1 0 0
3 ,0 0 0
preferred stock and voting trust certificates in respect of j
S lo
o m e s t i c ........
8 .5 0 0
9 ,0 0 0
4 ,5 0 0
common stock of the Union Tobacco Company, and to issue j L ln e ,e d d ........................ ............... b b is .
e e
N on©.
N one,
N one.
its certificates of depoeit exchangeable for new securities S a lt p e t r e ....................
3 ,0 .0
7 ,7 0 0
1 .9 8 0
N one.
N on©.
when received as provided in said agreement. The “ new f a t e b u '.t a .................
1 ,0 0 0
9 .1 5 6
1 5 ,2 1 2
1 9 ,4 5 5
securities,” we are informed, is stock o f the American To- [ M a n ila h « m p ..........
31*al h * m p
.....
2 2 .7 9 5
4 4 ,2 2 4
4 ,4 3 7

or

bacco Co.—V. 68, p. 617,
United State* Rubber Co.—Purchase o/ Banigan Mill.—
The Banigan interests, which control the’ Banigan Rubber
Millat Olneyville, have sold out to friends of the United States
Rubber Co. The companies not controlled by the latter
company were recently reported to have a daily capacity of
43,000 pairs of rubbers, of which number the Joseph Bsnigan Co. supplied, it was said, 10,000 pairs,—See statement
in CttsosiCLE of March 25, page 574.
Virginia Iron oal A Coke Co. -Theprospectus says:
T h e c o m p a n y h a * e f fe c t e d t ht> c o n s o l i d a t i o n a n d p r a o t l c n l c o n t r o l
o f th e I r o n I n d u s t r ie # In th o d i s t r i c t o f S o u t h w e s t V ir g in ia . I t s p r o p ­
e r t ie s i n c l u d e : N in e b l a s t f u r n a c e s , a e r e r a l o f t h e m p r a c t i c a l l y
n e w a n d o f l a r g e c a p a c i t y , In a l l 5 0 0 .0 0 0 t o n s o f p ljr Ir o n j>cr a n n u m ;
l a n d , « t c , ta**ne> o f o r e o w n e d b y t e n dt!T*?rent c o a l a n d c o k e c o m tm n io s ,
n e g a t i n g a b o u t 1 2 5 ,0 0 0 a c r e * o f c a r e f u l l y s e l e c t e d c o a l la u d * f d r e
c o a l m in e s a r e n o w In f u ll o p e r a t i o n ] ; p r a c t i c a l l y a l l t h e v a l u a b l e
I r o n o r e l a n d s a n d m in e s In t h e d i s t r i c t [ m o s t l y p u r c h a s e d , s o m e
s m a lle r p r o p e r t ie s le a s e d ], c o n s is tin g o f a b o u t 0 0 ,0 0 0 a c r e s .
T h e n e t e a r n in g s o f th e c o r a p a n y m a n a g e d b y U e o r g e L . C a rte r a re
a p p r o x i m a t e l y , 4 2 5 0 ,0 0 0 p e r a n n u m , w it h o n l y o n e b l a s t f u r n a c e ,
t w o h u n d r e d a n d f if t e e n c o k e o v e n s , fiv e c o l l i e r i e s In o p e r a t i o n ,
a n d o r e m in in g s u f fi c ie n t f o r th e r e q u i r e m e n t s o f o n e f u r n a c e . M r.

v h io h It Is p r o p o s e d t o a c q u i r e , o p e r a t e a n d e x t e n d a b o u t 1 4 m ile s ,
u n d e r a s e p a r a t e I n c o r p o r a t i o n , t h e s t o c k a n d b o n d s o f t h o r a i lr o a d
c o m p a n y t o b e c o m e a s s e t s o f t h e V i r g i n ia I r o n C o a l A C o k e C o .
T h e f a r n a c e p r o p e r t i e s w e r e e r e c t e d p r i n c i p a l l y w it h E n g lis h c a p b
t a l , a n d i n v o l v e d a t a r g e I n v e s t m e n t ; b a t t h e y w e r e c o m p l e t e d In a
p e r io d o f g r e a t d e p r e s s io n , a n d w e re s o o n d o s e d . O th e r p la n t s w e re
c o m p l e t e d , b u t n e « e r w e n t ln * o o p e r a t i o n . A l l h a v e b c o u w e ll c a r e d
f o r a n d a r e In g o o d c o n d i t i o n . C o n t r a s t s f o r t h e e n t i r e o u t p u t c a n
n o w b e m a d e f o r a c o n s i d e r a b l e p e r i o d In a d v a n c e a t s a t i s f a c t o r y
p r ice s .
T h e n e w c o m p a n y h a s a n a u t h o r i z e d c a p i t a l o f 9 1 0 , 0 0 0 ,0 0 0 a n d
a u t h o r i t y t o i s s u e 4 1 0 .0 0 0 ,0 0 0 o f fir s t m o r t g a g e 5 p e r c e n t g o l d
e o n p o n b o n d s . F o r p r e s e n t p u r p o s e s t h e c o m p a n y h a s is s u e d : B o n d s ,
$ 7 , 5 0 0 ,0 0 0 ; s t o c k , a 7 .5 0 0 .0 0 0 . T h e b a l a n c e o f t h e b o n d s a n d s t o c k
t o r e m a in to t h e t r e a s u r y t o b e h e r e a f t e r u s e d , i f n e c e s s a r y , f o r th e
a c q u i s i t i o n o f a d d it i o n a l p r o p e r t y , a d d it i o n a l w o r k i n g c a p i t a l , o r
o t h e r g e n e r a l p u r p o s e s o f t h e c o m p a n y . I t Is b e l i e v e d t h a t w it h n in e
f u r n a c e s a n d a r a i lr o a d , a n d w it h p r a c t i c a l l y I n e x h a u s t i b l e s u p p l i e s
o f o r e , c o a l a n d c o k e , t h e c o m b in e d p r o p e r t i e s c a n n o t o n l y e a r n
I n t e r e s t o n th e b o n d s , b u t m a k e a •a tlm fa c to r y r e t u r n t o t h e s t o c k .
‘
T h e p r o p e r t ie s a c q u i r e d I n c lu d e : D o r a F u r n a c e C o ., P u la s k i, V a .
o n e f u r n a c e ; M a x M e a d o w * I r o n O . . M a x M e a d o w s , V a .. o n e fu r n a c o ; K o d fo r d - C r a n e I r o n G o ., R a d f o r d , V a ., o n e f u r n a c e ; G r a h a m
f u r n a c e C o ., G r a h a m , V a ., o n e f u r n a c e ; H sl^m F u r n a c e C o ., fla l^ m ,
V a , o n e f u r n a c e ; B u e n a V i s t a F u r n a c e C o .. B n e n a V i s t a , V s ,, o n e
f u r n a c e ; C r o z le r I r o n C o .. R o a n o k e , V a .. t w o f u r n a c e s ; B r is t o l I r o n A
fH e c i C o .. B r is t o l, V'a.. o n e f o r n o s e ; C r e s c e n t H o r s e s h o e Sc I r o n C o .,
<2? .
I r o n o r e , e t e .. p r o p e r t ie s o f R e e d I s l a n d I r o n C o , L o c u s t
H tll M in in g O o ,, F o s t e r F a lls M in im / A M a n u f a c t u r in g O o „ W y t h * A
^ > e e d w r il I r o n A M a n u f a c t u r in g C o ., C r i p p l e C r e e k O r e p r o p e r t ie s ,
E d it h M in in g C o ., B lu e R i d g e M in in g C o ., C o n s o li d a t e d C o a l, L a n d
& I r e n C o ,, W h e e le r . O r e la n d s In J o h n s o n . C a r t e r a n d S u lliv a n c o n n t ie s , T e r m ., a n d In W a s h i n g t o n , S m y t h e . W y t h e a n d P u la s k i c o u n t i e s ,
v a . C o k in g s n o « t e a m c o a l p r o p e r t i e s o f V i r g i n ia A T e n n e s s e e C o a l
A I r o n O . , T o m 's C r e e k C o a l A C o k e Co*. W U © C o u n t y C o k e C o ,.
S p e e d w e ll C o a l A C o k e C o .. K e n t u c k y C o a l A C o k e C o .. J o n e s C o a l A
C o k e C o , S w a n s e a C o a l A C o k e C o , P in © R u n C o a l A C o k e C o , C o a t) u rn C o a l A C o k « C o .. C o e b u r n C o l l ie r y C o , S e x t o n G o a l A C o k e C o .
a n d L e e C o a l A C o k e O o .—V , 6 8 , p. 4 7 9 .

Lard on the spot has continued in light demand, but as
there has been no pronounced pressure to sell, valnes have
j been fairly well maintained, closing steady at 5 '50c. for
prime Western and 5 T3 i, for prime City. The demand for
refined lard has b**en on a limited scale only, but values have
1been nnchanged and steady at 5*70e. for refined for the Con­
tinent Speculation in the market for futures has been quiet,
but as there has been a falling off in the packing, holders
have shown increased confidence, and there has been some
buying by shorts to cover contracts. The close was steady.
d a i l t closino mice* or uhh roroass.
M a r ......................................

S a l.
5*5 0

M on.
5 50

T u es .
5 50

W ed .
5*52

T K u rs.
5 52

Fr\.
5*52

Pork has been in moderate demand and steady at
|8 f?7V$@9 95 for mess. Cut-meats have been quiet and
without changes. Tallow has been quiet and prices have
weakened to 4t£e. Cotton-seed oil had a large sale at the
close of last week, but this week demand has been quiet,
closing steady at 29@26J^c. for prime yellow. Butter has
been quiet but steady. Cheese has been in fair demand
and firm. Fresh eggs have been steady.
Brazil grades of coffee have been in more active demand,
and in response to stronger advices from Brazil and a smaller
crop movement prices have advanced slightly, closing at
S'qc. for Rio No. 7. West India growths have been in fairly
active demand for desirable grades, dosing at 81q@8J^c. for
good Cucuta. East India growths have been quiet, closing
at 25(525 V4c. for standard Java. Speculation in the market for
contracts has been slightly more active. There has been some
baying for investment accoun and prices have advanced.
The close was steady. Following are final asking prices:
A r r l l ....................... 5-O S o . J u l y __________
B '2 6 o . i O o t . . . ...................... 5 - 5 0 e M a y ........................ 5 0 5 o . I A u g ......... ................5 -3 5 0 . | N o v ........................ 5 '5 5 e 6 -1 5 o .
I S e p t . .5 * 4 5 o . I D e o . ______ _______ 5 - 7 0 i J u n e ......................

Raw sugars have been in demand and higher, closing firm
at 4Wc, bid for centrifugal, 96-deg. test, and 4c. bid for mus­
covado, 89 deg. test. Refined sngar lias been in fair demand
and at the close prices were advanced l-16f$b£c., closing at
5Wc. for granulated. Teas have been dull and easier.
Kentucky tobacco has been quiet but steady. .Seed leaf
tobacco has been lees active but steady. Sales for the week
were 1,575 cases: also 1,200 bales Havana at 70c. to 90c., in
bond, and 125 bales Sumatra at 80c. to $1 60, in bond.
The demand for Strait* tin has been only moderately ac­
tive, but prices have advanced slightly and the close was
steady at 24t^c. Ingot copper has been in demand and
higher, closing firm at 18c. for Lake. Lead has been quiet
and easier, closing at 4'80@ U35c. for domestic. Spelter has
advanced slightly, closing firm at 6J^c. for domestic. Pig
iron has been in fair demand and firm, closing at $14 50@16 00
for domestic.
Refined petroleum has been easier, closing at 7T5c. in
York Southern R R ,~ S oli.—Sperry, .Jones & Co. of B tlti- bbl*,, P05c. in bulk and 7-90c. in caseB. Naphtha steady at
mofe hav« purchased a majority of the stock and bonds of 10c. Crude certificates have been quiet, closing at $1 12;
t h i s company an 1 propose to extend the road southward
credit balances have been unchanged at $1 13. Spirits turpen­
about 42 tz>i!e? to Baltimore and later from York, Pa., north* tine has advanced slightly on light stocks, closing at 43(®
ward about 21 miles to a connection with the Reading. 13j^c, Rosins have been quiet bat steady at $1 85(81 B7}£
When bo extend-d tho York Southern RR, will be about 104 for common and good strained. W ool has been In moderate
miles in length,—V, 6S, p. 87,
demand and steady. Hops have been quiet but steady.

THE CHRONICLE.

676

[V o l . LXVIII,

In addition to above exports, our telegrams to-night also
give us the following amounts o f cotton on shipboard, n ot
April 7, 1899.
oleared, at the ports named. We add similar figures fo r
T h e M o v e m f n t o p t h e C r o p , as indicated by our telegrams Now York, whioh are prepared for our special use by Messrs,
from the South to-night, is given below. For the week ending Lambert & Barrows, Produce Exohange Building.
this evening the total receipts have reached 73,966 bales,
ON 8HIPBOARD, NOT CLEARED FOR—
against 101,801 bales last week and 108,623 bales the previous
L e a v in g
w e e k , making the total reoeipts since the 1st of Sept., 1898,
A p ril 7 at
O th e r
C o a s t­
G rea t
stock .
T o ta l.
7,726,328 bales, against 8,073,224 bales for the same period of
B r ita in . F r a n c e . F o r e ig n
w is e .
1897-8, showing an increase since Sept. 1,1898, of 346,896 bale1.
C

O

T

T

O

N

F r id a y

R e c e i p t ! a t—

M on.

S a t.

G a l v e s t o n ........
T e x . C ity , A c
N e w O r l e a n s ..
M o b i l e ...............
P e n s a co la , A c .
S a v a n n a h ..........
B r u n s w ’ k .& o.
C h a r le s t o n ___
P t . R o y a l, A c.
W i l m i n g t o n .. . .
W a s h ’to n , A o.
N o r f o l k .............
N ’ p ’ t N e w s , <5to.
N e w Y o r k ........
B o s t o n ................
B a l t i m o r e .........
P h ll a d e l 'a , A o ..

T u ts .

W ed.

F ri.

1 ,4 8 4

2 ,4 5 8

1 ,4 0 6

......

2 ,2 5 3
51

6 ,0 5 7
68

7 ,2 5 5
207

7 ,1 6 1
234

......

......

......

......

1 ,8 3 9

1 ,8 0 9

975

984

......

......

.......

... . ..

508

673

37

37

......

......

......

......

14

23

25

29

1 ,3 2 0
........
1 ,5 3 8
..........
53

......

1 ,8 1 1
93

T otal.

2 ,8 1 9
1 ,2 7 3
5 ,4 0 9
280
2 ,4 0 0
930

Thun.

... . ..

606

1 ,1 4 6

.

N ig h t ,

9 ,9 1 9
4 ,2 7 3
2 9 ,9 4 6
933
2 ,4 0 0
7 ,8 5 7
487

487
5
1

2 ,7 9 8
1
760

2 ,0 1 9
8 ,5 0 0
N one.
N one.
N one.
2 ,0 0 0
1 ,0 5 0
5 ,0 0 0

3 ,4 8 3
N one.
N one.
N one.
N one.
N one.
N one.
N one.

1 6 ,5 3 0
7 ,5 8 1
N one.
N on*1.
N one.
N one.
500
4 ,0 0 0

3 ,6 4 2
1 1 ,2 1 2
N one.
600
N one.
1 6 ,0 0 0
N one.
N one.

T o ta l 1 8 9 9 ...

1 8 ,5 6 9

3 .4 8 3

2 8 ,6 1 1

T ota l 18 9 8 . .
T o ta l 1 8 9 7 ...

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

9 ,7 0 0
1 5 ,0 6 0

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

N e w O r le a n s ...
G a l v e s t o n ..........
S a v a n n a h ...........
C h a r l e s t o n ........
M o b i l e .................
N o r f o l k ................
N e w Y o r k ..........
O th e r p o r t s ___

2 5 ,6 7 4
2 7 ,2 9 3
N on e.
600
N one.
1 8 ,0 0 0
1 ,5 5 0
9 ,0 0 0

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

3 1 ,4 5 4

8 2 ,1 1 7

7 4 1 ,3 2 6

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

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

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

Speculation in cotton for future delivery has been w ith ­
out animation, as the trading has been largely in the way of
liquidating outstanding contracts in the near-by deliveries.
Holders of the summer months have been gradually unload­
122
3 ,7 1 3
326
81
533
349
2 ,3 0 2
ing, prompted by a fairly full movement of the crop. The
1 ,2 4 7
1 ,2 4 7
.......
......
......
... . ..
......
fact that a stock of low grade cotton is accumulating at this
400
1 ,4 5 8
379
679
port, which for the present is not wanted other than to
4 ,4 5 2
523
1 ,1 8 0
836
929
424
560
......
...... ... . .. 1 ,7 4 9 1 ,7 4 9 make deliveries on contracts, also has had a tendency to dis­
......
. . . . ..
courage longs in the near by positions, as they do not care
1 ,9 7 3
76
75
77
679
1 ,0 1 8
48
to receive this cotton and have been gradually liquidating
T o t. th is w e e k
6 ,7 7 1 1 2 ,7 1 3 1 1 ,5 6 5 1 2 ,2 7 6
8 ,7 6 7 2 1 ,8 7 4 7 3 ,9 6 6
their accounts. Early in the week, owing to the Liverpool
The following shows the week’s total receipts,the total since market being closed in observance of a holiday, lit­
Sept. 1,1898, and the stock to-night, compared with last year. tle of importance was done in the local market fo r
foreign account. Subsequently, however, there was fa ir
1 8 9 7 -9 8 .
S to c k .
1 8 9 8 -9 9 .
buying for Liverpool account in the near-by deliveries to
R e c e i p t ! to
cover sales and this demand largely absorbed the long cot­
T h is
T h is
S i n c e S ep.
S in c e S ep.
A p ril 7.
1899.
1898.
ton that came on the market, and held values to a fairly
w eek .
w eek .
1 ,1 8 9 8 .
1 ,1 8 9 7 .
steady basis. There has been some selling of the new crop
6 9 ,6 1 2
G a lv e s t o n ...
9 ,9 1 9 2 ,1 9 6 ,4 1 4 1 3 ,9 2 6 1 ,8 5 8 ,7 8 5
9 4 ,1 2 8
deliveries for foreign account, and during the latter part of
4 ,2 7 3
T e x . C .,A o .
7 8 ,4 3 8
3 ,7 6 8
9 3 ,3 9 9
the week the fall of needed rains in Texas prompted some
N e w O r le a n s 2 9 ,9 4 6 1 ,9 8 1 ,7 8 7 2 0 ,4 4 5 2 ,4 7 6 ,0 4 4
3 7 3 ,3 0 5
3 0 3 ,1 0 7
selling for local account. There has been, however, a lim ­
M o b i l e ...........
933
2 3 8 ,6 2 3
1 ,6 4 2
3 4 5 ,9 8 5
1 6 ,1 6 5
2 5 ,6 9 0
ited amount of buying for investment account based on the
. . . . . . talk of backward preparations of the crop and the possibilities
P 's a c o l a , A e .
1 8 5 ,0 4 1
2 ,4 0 0
5 ,6 8 6
1 1 3 ,7 9 6
7 ,8 5 7 1 ,0 2 3 ,9 2 4
4 2 ,6 3 9
S a v a n n a h ...
8 ,3 4 7 1 ,1 3 1 ,6 5 7
4 4 ,9 0 5
of a smaller acreage, and this has held a decline in check to
B r ’ w lo k ,A o .
487
2 5 2 ,8 0 6
2 6 6 ,8 9 8
2 ,9 8 8
4 ,0 0 6
4 ,0 9 7
some extent. To-day the market was unsettled
A t the
C h a r le s t o n ..
2 ,7 9 8
3 5 6 ,8 0 9
1 6 ,9 6 0
3 0 ,9 4 5
3 ,2 7 3
4 5 7 ,9 5 6
opening prices advanced slightly in response to stronger ad­
1
2 3 ,2 9 6
P .t lo y a l.& o ,
7 5 ,4 0 3
27
vices from Liverpool than expected and buying for Liver­
760
2 9 0 ,5 6 5
1 ,0 7 4
W i lm i n g t o n .
3 1 1 ,7 8 1
1 1 ,6 3 8
1 4 ,1 2 7
pool account. After this demand had subsided prices re­
........
W a s li’ n , & o .
1 ,3 5 1
11
1 ,2 5 9
acted, but at the close there developed a demand from local
N o r f o l k ........
1 ,3 1 2
5 2 2 ,4 2 3
shorts to cover contracts and prices again advanced, closing
3 ,7 1 3
5 9 8 ,8 8 8
5 0 ,0 8 4
4 1 ,3 3 7
unchanged to 3 points higher for the day. Cotton on the
2 6 ,5 1 3
836
2 0 ,8 3 1
N ’ p o r t N .,A o
1 ,2 4 7
925
2 ,3 5 8
N ew Y o r k ..
9 1 ,0 1 2
spot declined l-16c. on Monday and on Tuesday. To day the
1 ,4 5 8
1 ,1 9 0
9 3 ,6 0 3
1 5 3 ,8 8 8
1 9 6 ,7 8 0
market was dull and unchanged at 6 3-16c. for middling up­
B o s t o n ..........
4 ,4 5 2
2 8 2 ,7 2 9
3 ,4 5 0
3 2 ,0 0 0
3 7 ,0 0 0
1 8 0 ,5 5 8
land.
1 ,7 4 9
B a lt im o r e . .
3 9 ,5 7 4
1 ,0 4 8
6 7 ,5 6 6
1 9 ,4 7 6
2 7 ,3 2 2
On the basis o f the rates on and off middling as established
P h il a d e l , A o .
1 ,9 7 3
4 4 ,4 6 3
853
8 ,2 2 9
6 9 ,3 7 2
1 0 ,4 8 5
by the Revision Committee, the prices for a few of the
T o t a l s ........ 7 3 ,9 6 6 7 ,7 2 6 ,3 2 8 6 9 ,8 7 6 8 ,0 7 3 ,2 2 4
8 2 3 ,4 4 3
8 0 7 ,7 6 5
grades would be as follows:
In order that comparison may be made with other years,
U PLANDS.
F r i.
S a t.
M o n Tuew W e d T il.
we give below the totals at leading ports for six seasons.
R ec e ip ts a t—

1899.

G a lv e s ’ n , A o .
N e w O r le a n s
M o b i l e ...........
S a v a n n a h ..
C h a s ’ t o n , A e.
W i lm ’t o n , A c
N o r f o l k _____
N . N e w s , A o.
A ll o t h e r s ...

1 4 ,1 9 2
2 9 ,9 4 6
933
7 ,8 5 7
2 ,7 9 9
760
3 ,7 1 3
1 ,2 4 7
1 2 ,5 1 9

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

T o t. th is w k .

7 3 ,9 6 6

1898.

1897.

1896.

611

1895.

1 5 ,1 2 1
1 4 ,0 5 2
880
6 ,3 6 2
1 ,7 3 1
871

836
1 5 ,2 1 5

1 0 ,4 2 7
1 5 ,4 0 7
2 ,7 9 8
7 ,9 6 7
1 ,0 6 9
197
3 ,4 7 2
134
5 ,1 6 8

5 ,5 3 8
743
1 2 ,6 6 9

4 ,6 3 9
1 8 ,2 5 1

6 9 ,8 7 6

4 6 ,6 3 9

5 7 ,9 6 7

9 3 ,5 2 3

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

1 2 ,7 7 8
3 6 ,0 0 8
2 ,4 1 1
9 ,1 0 5
5 ,9 8 7
433
3 ,9 1 1

1894.
4 ,3 5 7
1 9 ,8 2 1
2 ,9 2 8
7 ,8 6 2
2 ,4 2 3
617
8 ,3 3 6
5 ,1 2 1
1 2 ,4 0 2
6 3 ,8 6 7

S ln o e S e p t . 1 7 7 2 6 ,3 2 8 8 0 7 3 ,2 2 4 6 3 5 7 ,7 5 3 4 8 8 0 ,8 8 1 7 4 3 7 ,3 0 8 5 5 8 6 ,1 0 2

The exports for the week ending this evening reach a total
of 63,263 bales, of whioh 24,689 were to Great Britain, 8,571
to France and 30,003 to the rest of the Continent, Below
are the exports for the week and since Sept. 1, 1898.
i f tek Ending Apr. 7 1899.

B x v o r tt

from—

From Sept. 1,1898, to Apr. 7,1899."
Exported to—
Exported to—
Great France Conti­ Total Great
France Conti­ Total
Rrit’n.
nent. Week. Britain.
nent.

Qalveston......
Tex. City, Ao..
New Orleans.. 18,830
M obile............
Penaaoola......
Savannah.......
Brunswick_
_
C harleston....
Port Royal —
WIlmlOKton...
N’port N., & c .
New York......
Baltimore_
_
Philadelphia..
San Fran., 4c..

1,478
2,280
1.580
276
250

1,014,820
18,685
6,166 10,810 35,308 723,143
138,120
2,400
2,400
76,442
61,760
164,715
.........
75,793
21,210
118,002

360,180

.........

.....

4,001
6

1,676

1,478
6,281
1,730
1,956

234,225
13,240
32,216

16,759
231,707 21,761
100,785
14,243
12,756

1*055

604,53 L 1.885,537
13,288
31,973
500,861 1,524,229
29,271 167,394
81,494 170,185
512,077 590,059
81,123 245,838
150,009 231,802
21,210
142,567 200,509
9,955
172,429

184,548
14,243
106,404

18,960 14,110
93,738
8,671 30,003 63,263 3,161,734 808,092 2.470,042 6.309,408
Total, 1867-98. 60,553 17,156 74,371 152,079 2,966,137 740,362 2,703,103 6.400,097
Total .........

24,689

GULF.

8T A E N E D .

5%
5%

6 3 ,6
6®ie
7 1 ,«

Ohs
H9,6
7 1 , ft

M on T nes

£
p

H
©

W ed

T h .

F r i.

£

6%
7%

p

5*8
534
6 3 ie

53s
6
6 J ie
6 13ie

g:
6%

538
6
6 7 10
613,6
7 5 ,b

M on T u es

S a t.

L o w M i d d l i n g . . . .............
M i d d l i n g .......................................... ..
S t r i c t M u d d lin g ............................. ..
G o o d M id d li n g T i n g e d .................

5%
5%

7 l!9

5%
5%
6 3is
6 9ia
7 1 ,B

5*1«
5 1 3 ,e
6%
65s
7

M
©

S a t.

G o o d O r d in a r y .................................
L o w M i d d l i n g . . . .............................
M i d d l i n g .............................................
G o o d M id d li n g .................................
M id d lin g F a i r ....................................

H o li­
day.

4%
513le
61*2
6%

W ed
413 u
5%
5 3 i32
6 3 1fi

4 '* i e
5%
5313.
6 3 ].

533
6
6 7 ,8
613„
7 ° ip
T h .

4 1S „
5%
5 * ls .
6 3 ,8

53s
6
6 7 ,6
613jg.
7*16
F r i.
* ’ * !«
5%
5313;s
6 3 ,0

The quotations for middling upland at New York on
April 7 for each of the past 32 years have been as follows.
1899 ....0* 63,8 1 8 9 1 . . . . 0 . 9
1898 ......... 63,e 1 8 9 0 . .........1 1 7 ,0
1897......... 7% 1 8 8 9 . .........1 0 %
1896..
... . 7?a 8 8 8 .
1
1895......... 6% 1 8 8 7 . .........1 0 9 ,6
1894......... 7% 1 8 8 6 . ......... 9 %
1893..
... . S >1 8 8 5 .
S i6
1892......... 6% 1 8 8 4 . .........1 1 9 16

1 8 8 3 . ...O .1 0
1 8 8 2 . .........1 2 % e
1 8 8 1 . .........1 0 1 3 ,8
1880.
1879.
1 8 7 8 . .........1 0 9 ,6
1 8 7 7 . ......... 1 1 7 ,0
1876.

1875....0.1638
1874....... 17
1873........19%
1872....... 23%
1871........15*8
1870........23%
1869........28%
1868........28%

M A R K E T AND SALES.

The total sales o f cotton on the spot
week are indicated in the follow ing
convenience of the reader we also add
at a glance how the market for spots
same days.
Sp o t M a r k e t
C lo sed .

26,714
425,897

82,703

L o w M i d d l i n g ....................................
M i d d l i n g ...............................................
G o o d M i d d l i n g ..................................
M id d lin g F a i r '..................................

S a t u r d a y ..
M o n d a y ..-.
T u esd a y ...
W ednesday
T h u r s d a y ..
F r i d a y ........
T o ta l. . . .

F utures
Market
Closed.

Q u ie t a t t , 6 d e e .
Q u ie t a t i j g d e o
Q u ie t .......................
D u ll....... ..................
Q u ie t .......................

Q u ie t ...............
Q u ie t A s t ’ d y
Q u ie t A s t ’ d y
S t e a d y ..........
S t e a d y ...........

each day during th
statement. For th
columns which show
and futures closed on

Sa l e s
E x­
p o rt.
200

op

Sp o t A C o n t r a c t

O onsu m p.
65
133

250

338

T o ta l.

100
300
300

365
433
300

700

1 .4 8 8

140

450

C on­
tr a c t.

390

THE

A p r il 8, 1SU9
F utures.— rhe highest,

V a._.
.

_ V.
T

lowest and closing prices

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T o t a l G r e a t B r it a in s t o c k . 1 ,7 2 3 ,0 0 0 1 ,2 2 2 ,0 0 0 1 . 2 7 8 ,0 0 0

27,000

S t o c k a t B r e m e n ........ ................. .
S t o c k a t A m s t e r d a m , . . . _____
S t o c k a t R o t t e r d a m .....................

3 9 1 .0 0 0

Stock at Antwerp ____ _ . . . . . .
Stock at Havre........................

10,000
258,000

S tock
S tock
S tock
S tock

5 .0 0 0
1 0 9 ,0 0 0
7 7 .0 0 0
1 5 ,0 0 0

M
at
at
at

'f a r e e l l W .............
B a r c e l o n a .... ..................
G e n o a ........... ..................
T r i e s t e ..............................

2 ,0 0 0
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The above totals show that the interior stocks have
increased during the week 7,921 bales, and are to-night 88,258
bales more than at the same period last year. The receipts
at all the towns have been 25,781 bales more than the same
week last year, and since Sept. 1 they are 821,311 bales more
than for the same time in 1897-98.
OvERLyfD Movem ent

for th e

W

eek and

S ince S ept , 1.—

We give below a statement showing the overland movement
for the week and sinie Sept. 1, as made up from telegraphic
1 ,1 5 3 ,0 0 0
The results for the week
25.000 reports received Friday night.
218,000 ending April 7 and since Sapt. 1 in the last two years are
9 .0 0 0
as follows.
200

20.000

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

Total visible supply..........4.278,149 3,926,0713.237,205 3,291,782
Of the above, total* of American and other descriptions are as follow*:
A m e r ica n —
L i v e r p o o l s t o c k . . ............. b a le * . 1 ,6 3 2 .0 0 0 1 ,1 2 1 , 0 0 0 1 ,1 3 4 , 0 0 0
C o n t in e n t a l s t o c k s . ............
* 1 0 ,0 0 0
7 « 0 , 0 0 0 5 3 4 .0 0 0
A m e r i c a n a flo a t f o r E u r o p e , . .
2 1 3 ,0 0 0 4 7 6 0 0 0 2 8 0 .0 0 0
U n it e d S t a t e s s t o c k .....................
8 2 3 .4 4 3
8 0 7 ,7 6 5 6 8 1 .0 1 3
U n it e d S l a t e * I n t e r io r s t o c k s .
4 7 1 .9 6 9 3 8 1 ,6 1 1 2 3 2 1 7 0
U n it e d S t a t e s e x p o r t s t o -d a y .,
3 ,5 3 6
3 2 ,3 *8
1 8 .6 9 2

z O h
.« ► ©

R at

19.000
316.000
7.000
83 000
79 000

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

x

©
e
l
C
; s
2
r*
>

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—
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act
^ j w-»eo<iwj>>-xcaaD*sjcMOi&.*-tco«o^icjfO«r^©Ocws-JBSto®

. 8 9 7 .3 0 0
813.200
Total European stock*.__3,620,300 2,027.300 1.873,800 1,985,200
9 5 .0 0 0 ' 7 0 , 0 0 0
2 4 3 ,0 0 0 4 7 3 ,0 0 0
3 1 ,0 0 0
2 9 ,0 0 0
8 2 3 ,4 1 3 8 0 7 ,7 3 5
* 7 1 . 9 8 9 3 9 3 ,6 1 1
3 ,3 3 6
3 2 ,3 9 5

I S S B — = 2 —2 .2 .5 7 * <5 ® g-® g 3 g - g S S ' J S e s — ® 2 g w

t
a
a
ft
<

T o ta l C o n tin e n ta la to o k a

I n d i a c o t t o n a f lo a t f o r E u r o p e
A x n er. c o t t o n a f lo a t f o r r r o p e .
K * y p t , B m t i l , * o . , a f l t . f o r E 'p e
S t o c k in U n it e d S ta te * p o r t a . ,
S t o c k In V . 8 . I n t e r io r t o w n s ..
U n it e d S t a t e s e x p o r t * t o - d a y .,

*ga
io P
*8

*

1899
1898
1897
1896,
Block at LlverpOQl......i>ale*.1,718,000 1,219,006 1,273.000 1,110,000
5,000
3,000
5,000
7.000

Bto-lc at Hamburg............ .

A t t h e I n t e r i o r T o w n s the movement—that is the receipts
for the week and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1897-98 —is set out in detail below.

c.
p
c

The V isible S u pply op Garros to night, as made up by
cable and telegraph, is as follows. Continental stocks, as well
as those for Great Britain and the afloat, are this week's re­
turns, and consequently all European figures are brought down
to Thursday evening. But to make the total the complete
figures for to-night (Apr. 7), we add the item of exports from
the United States, including in it the exports of Friday only.

Stock at London..................... .

677

C H R O N IC L E .

970.000

7 0 0 .0 0 0
2 7 7 .0 0 0
5 2 ,5 .9 8 3
2 8 0 ,9 27
7 0 ,7 4 2
T o t a l A m e r i c a n ....................... 4 ,0 1 8 ,8 4 8 3 ,6 8 5 ,7 7 1 * , 8 2 9 , 9 0 5 2 ,7 8 0 .5 5 2
B a st I n d i a n . B r a z i l , A c.—
L i v e r p o o l s t o c k ...............................
8 6 ,0 OO
9 3 ,0 0 0 13 9 0 0 0
170.000
L o n d o n s t o c k ............................ . . .
5 .0 0 0
3 ,0 0 0
6 ,0 0 0
7,000
C o n t i n e n t a l s t o c k s ......... .............
5 7 ,3 0 0
4 0 ,3 0 0
0 1 .3 0 0 1 1 2 ,2 0 0
I n d i a a f lo a t f o r E u r o p e .............
8 5 ,0 0 0
7 0 .0 0 0 1 6 0 0 0 0
183.000
E g y p t . B r a s i l , A c . , a f lo a t ..........
3 1 ,0 0 0
2 9 ,0 0 0
4 2 ,0 0 0
39.000
T o t a l E a s t I n d i a , A o . .......... 2 0 4 ,3 0 0
2 4 0 ,3 0 0
* 0 7 , 3 0 0 5 1 1 ,2 0 0
I I t o h n .............. .
4.0
0 5 2 ,7 8 0 .5 5 2
r i W b l a s n p p l y - . . . . . . 4 . 2 7 8 , _14 8 3 .8 2 * , 0 7 1 3 ,2 3 7 .4 0 5 3 ,2 8 1 ,7 .5 2
M id d lin g U p la n d . L i v e r p o o l . .
3^d.
3 * l f d4V«d.
M id d li n g U p la n d , N e w Y o r k . ,
6 S ,»o 4’^so
6*1 so,
E g y p t G o o d B r o w n , L iv e r p o o l
,55i , d .
eqd,
4 *sd.
P e r n v . R o n g ji G o o d . L i r o r p o o l
0V L
RT9d.
6®,,d.
B r o a c h P in e , L i v e r p o o l ........ ..
3 » 19d.
3 7 „d .
4*ed.
T ln n e v e lly G o o d , L i v e r p o o l ...
3&md.
3ti«d.
4b,d.

s S

t W The imparts into Continental ports the past week have
been 70,000 bales.
The above figures indicate an increase in the cotton in
sight to-night of 452,077 bales as compared with the same
date of 1808, a gain of 1,010,943 bales over the corresponding
date of 1897 and an excess of 996,396 bales over 1896

1898-99.
A p ril 7.

I r«Jt.
S h ip p e d —
V ia S t. L o u i s ______ . . . . . . . . . . . . .
V i a C a i r o . . . . . . . . . . . . ______ . . . . .
V i a P a r k e r ...........................................
V i a R o o k I s l a n d ______________ . . . .
V i a L s a l a v l l l e ......................................
V i a C i n c i n n a t i ...........................
V i a o t h e r r o n t e * , A c . . . ................

Since
Sept. 1.

I 10,774
3,310

831,017'
366,757

‘

42,917
161,069
146,154!
165,004 j

iMB
3,505
8,958

,718,
29,145 1,722,718

1897-98.
W eek .

8 ,1 5 3
4 ,9 8 7
409
405
2 ,5 2 2
2 ,5 3 0
5 ,7 9 3

S in c e

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

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

T o t a l * r o * » o v e r l a n d ......... ........
D ad n e t t h i p m t n t t —
O v e rla n d t o N . Y . , B o g t o n , A c .
B e t w e e n I n t e r i o r t o w n * ________
I n l a n d , A c , , f r o m S o o t h ...............

9.032
2,037
j 1,942

457,778
34,802
14,624

T o t a l t o b e d e d u c t e d __________

1 4 ,2 1 1
14,211

557,364;

4 6 9 ,9 0 5

L e a v in g t o t a l n e t o v e r l a n d * . . ' 1 3 ,9 3 4
1 13,934

1.165,384

1 ,0 9 8 ,6 1 1

0 ,5 4 1
369
877

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

’ I n c lu d in g m o v e m e n t b y ra il to C a n a d a .

The foregoing shows that the week’s net overland movement
this year has been 13,931 bales, against 17,003 bales for the
week In 1898, and that for the season to date the aggregate net
overland exhibits an excess over a year ago of 67,343 bales.
1 B 9 8 -9 9 .
/n

S ig h t a n d S p i n n c r t
T a k in g * .

R e a e lp U a t p o r t* to A p r. 7 -. . . .
N e t o v e r l a n d t o A o r . 7 .................. ..
S ou th ern c o n a n m p tlo n to A p r. 7 .
T o t a l m a r k e t e d ............................
.n t e r io r * t o o k * ln a x o e » s ...— . . .

W e ek .

Since,
S ep t. 1.

7 3 ,9 0 6 7 . 7 2 6 ,3 2 8
1 3 ,9 3 4 1 ,1 6 >.354
8 1 6 .0 0 0
2 0 ,0 0 0

Decrease daring week.

W eek.

S in c e
S ep t. 1 .

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

1 1 3 .9 0 0 9 , 7 0 7 ,6 8 2 1 0 7 ,8 7 9 9 ,8 7 0 ,8 3 5
3 6 7 ,7 5 0 • 1 6 ,5 5 9
3 3 8 ,5 3 5
7 ,9 21

O a m e l n t o a t i r h t d a r l n g w e e k . 1 2 1 ,8 2 1
10075432
T o t a l In a l g h t A p r , 7 ........ ..
R o r t h 'n a p I n n e r a t a k V s t o A p r . 7 „

1 8 9 7 -9 8 .

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

9 1 .3 2 0
10209370
2 9 ,1 6 8 1 .9 6 2 ,4 8 8

THE CHRONICLE.

678
Q u o t a t io n s f o r

M id d l in g

C otton

at

O t h e r M a r k e t s .—

Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
GLOBING Q U O T A T IO N S F O R M ID D L IN G O O TTO N O N -

A p r i l 7.
G a l v e s t o n ...
N e w O r le a n s
M o b i l e ..........
S a v a n n a h ...
C h a r le s t o n ..
W ilm in g t o n .
N o r f o l k ........
B o s t o n ...........
B a lt im o r e . .
P h ila d e lp h ia
A u g u s t a ........
M e m p h is ___
S t. L o u is ___
H o u s t o n ........
C i n c i n n a t i ..
L o u is v ille ...

5=8
6 » ,a
6 «1«
5H
5U h«
6
6%

T u ts .

W cd n e s .

5 1 6 ,8

5 U ,fl
E»8
511,6
5=8
6
6
6H
OH
O he
OH
5 7e
5 78
516,6
6
OH

516 ,8
5 'i , 8
5=8
511,8
5=8
6
6
6-1,8
OH
6 7 j«
6 V 3 H
5H
5H
516 ,6
6
6H

516,8
511,6
5=8
5=8
6=8
0
5H
03,6
6*8

F r i.

T h u r s.

5\
5 »1 S

M on.
5 1 6 ,8

S a tu r .

5 1 1 ,8

511,8
5=8
0
0
6 6 ,8
OH
6H
OH
5 78
5H
0
0%

0 S16
51 *1 6
5 78
5 ' 6,6
6
OH

5 16 ,6
S ili"
5°8
5®8
5^
0
5H
6 3 ,8
OH
6 71«
6 3 ,.
5 78
y 7«
515 ,8
6
OH

The closing quotations to-day (Friday) at other important
Southern markets were as follows.
A t h e n s .................
6
A t l a n t a ..............
5=g
C h a r l o t t e ..........................
C o lu m b u s . G a .
5H

C o lu m b u s ,M is s
E u f a u l a - . . . ____
L i t t le K o c h ___
M o n t g o m e r y .. .

5H
5H
5%
5=8

N a s l i v i l l e .............
N a t c h e z ................
R a l e i g h .................
S h r e v e p o r t _____

5=s
5H
6
5%

[V ol . L X V III,

the gauge, or two and three-tenths feet above the danger
line and rising. W e have had rain on four days of the past
week, the precipitation reaching fifty-five hundredths of an
inch. The thermometer has averaged 46‘4, ranging from 35
to 59. Month’s rainfall three inches and three hundredths.
Nashville, Tennessee —No farm work is in progress. There
has been rain during the week, the precipitation being one
inch and fifty hundredths. The thermometer has ranged
from 39 to 75, averaging 58. March rainfall, seven inches
and eighty-one hundredths.
Mobile, Alabama—Reports from the interior indicate an ex ­
cess of rain. Farm work is making slow progress. Cotton acre­
age, it is claimed, will be reduced in many sections, owing
to financial inability and very backward preparations. Rain
has fallen on five days of the week, to the extent of five
inches and two hundredths. Average thermometer 59,
highest 77 and lowest 44. March rainfall, seven inches and
fifty-six hundredths.
Montgomery, Alabama.—Frost has occurred on two nights.
The Alabama Agricultural Department reports sales of fer­
tilizer tags to April 1st, 901,239, against 1.193,206 last year,
being twenty five per cent decrease this year. The Depart­
ment estimates the final decrease at twenty per cent. There
has been rain on three days of the week, the rainfall reach­
ing sixty-nine hundredths of an inch, and it is still raining.
The thermometer has averaged 58, the highest being 77 and
the lowest 39. March rainfall, tw o inches and thirty hun­
dredths.
Selma, l labama.—Much less fertilizer than usual is being
used, and preparations are backward. There has been rain
on three days of the past week, the rainfall reaching one
inch and seven hundredths. The thermometer has aver­
aged 58, ranging from 49 to 68.
Madison, Florida.—There has been rain on two days of
the week, the precipitation being two inches and thirty
hundredths. The thermometer has ranged from 44 to 79
averaging 63.
Savannah, Georgia.—Rain has fallen on four days o f the
week, to the extent of sixty-three hundredths of an inch.
Average thermometer 58, highest 76, lowest 38. March
rainfall, two inches and fifty-three hundredths.
Augusta, Georgia.—There has been rain on two days of
the week, the rain rail reaching fifty-seven hundredths of an
inch. The thermometer has averaged 55, the highest being
80 and the lowest 34. Month’s rainfall, three inches and
eighteen hundredths.
Charleston, South Carolina.—W e have had rain on three
days of the week, the precipitation being one inch and four­
teen hundredths. The thermometer has averaged 57, rang­
ing from 38 to 76. March rainfall, one inch and sixty hun­
dredths.
Stateburg, South Carolina.—Killing frost and thin ice on
Sunday and Wednesday, but with little or no damage. It
has rained heavily on two days of the week. The thermom­
eter has ranged from 32 to 80, averaging 54. March rain­
fall, three inches and fifty hundredths.
Greenwood, South Carolina—There has been rain on two
days of the past week, the precipitation reaching fifty one
hundredths of an inch. Average thermometer 49, highest
60 and lowest 38. Month’s rainfall, four inches and twentysix hundredths.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
3 o’clock April 6, 1899, and April 7, 1898.__________________

W e a t h e r R e p o r t s b y T e l e g r a p h . —The telegraphic r e .
ports to us this evening from the South indicate that rain
has been quite general during the week, the precipitation
being especially beneficial in Texas, over a large portion of
which State moisture has been greatly needed. The tem­
perature has been rather low at some points and frost is re­
ported in Texas. Oar Montgomery correspondent states
that the Alabama Agricultural Department reports sales of
fertilizer tags twenty-five per cent less than last year to
date. Farm work continues very backward as a rule.
Galveston, Texas.—It is reported that there has been rain
over the entire State. Killing frost occurred at Abilene
this morning. We have had rain on two days of the past
week, the precipitation reaching one inch and fifty six hun­
dredths. The thermometer has averaged 59, ranging from
44 to 74. March rainfall, fifty-three hundredths of an inch.
Palestine, Texas.—There has been rain on three days of
the past week, to the extent o f one inch and seventy eight
hundredths. The thermometer has ranged from 36 to 86,
averaging 61. March rainfall, one inch and forty-three
hundredths.
Corpus Christi, Texas.—Rain has fallen on two days of the
week, to the extent of fifty-eight hundredths of an inch.
Average thermometer 64, highest 84, lowest 44. Month’s
rainfall, twenty nine hunaredths of an inch.
San Antonio, Texas.—It has rained on two days of the
week, the rainfall being thirty-eight hundredths of an inch.
Minimum temperature 38. Month’s rainfall, only a trace.
New Orleans, Louisiana.—We have had rain on t*vo days
during the week, to the extent o f forty-nine hundredths of
an inch. The thermometer has averaged 61, March rain­
fall, two inches and seventy -one hundredths.
Shreveport, Louisiana.—It, has rained on two days
of the week, the precipitation being one inch and twentyeight hundredths. The thermometer has ranged from 40 to
85, averaging 55. Month’s rainfall two inches and ninetynine hundredths.
|A p r . 6 , ’ 9 9 . I A p r . 7 , ’ 9 8 .
Columbus, Mississippi.—There has been rain on three days
F eet.
F e e t.
of the past week, ihe precipitation reaching one inch and N e w O r l e a n s .........
10*1
1 4 -4
twelve hundredths. Average thermometer 57, highest 74 M e m p h i s ................
35*2
30 *5
310
17*7
and lowest 32. March‘ rainfall ten inches and seventy-one N a s h v ille ................
S h r e v e p o r t ............
1 3 -1
1-8
hundredths.
V i c k s b u r g ...............
4 0 ‘O
43 7
Leland, Mississippi.—There has been rain during the week
I n d i a C o t t o n M o v e m e n t f r o m a l l f o r t s . — The receipts
to the extent of seventy-three hundredths of an inch. The
thermometer has averaged 50 9, the highest being 69 and the of cotton at Bombay and the shipments from all India ports
lowest 38. March rainfall six inches and sixty-one hun­ for the week ending Apr. 6, and for the season from Sept. 1
dredths.
to Apr. 6 for three years have been as follows:
Vicksburg, Mississippi.—There has been rain on two days
1 8 9 8 -9 9 .
1 8 9 7 -9 8 .
1 8 9 6 -9 7 .
during the past week, the rainfall being one inch and forty
S in ce
S in ce
S in ce
six hundredths. The thermometer has averaged 53. rang­ R e c e i p t s a t — W e e k .
W e ek .
W e ek .
S ep t. 1.
S e p t. 1.
S e p t. 1 .
ing from 43 to 72.
’
°
Greenville, Mississippi.—The weather ;to-day is cold and B o m b a y ............ 5 3 ,0 0 0 1 ,4 3 5 ,0 0 0 7 5 , 0 0 0 8 9 6 ,0 0 0 5 3 ,0 0 0 1 , 0 2 9 , 0 0 0
rainy.
F o r th e W e ek .
S in ce S ep tem b er 1.
Meridian, Mississippi.—It has rained on four days of the
E xp orts
week. Preparations for planting have been much delayed.
fro m —
G rea t
O o n tiG re a t
C o n ti ­
T o ta l.
T o t a l.
Almost no plowing has been done. This is the latest season
B r ita in .
n en t.
B r ita in .
n en t.
ever known here.
•
Little Rock, Arkansas.—Rain has fallen on two days of the B o m9b8a-y —..
18
99
4 ,0 0 0
1 9 ,0 0 0
2 3 ,0 0 0
8 ,0 0 0
2 8 1 ,0 0 0
2 8 9 ,0 0 0
week, to the extent of seventy-one hundredths of an inch
..........
1 8 9 7 - 9 8 ..
2 0 ,0 0 0
2 0 ,0 0 0
2 ,0 0 0
1 6 2 ,0 0 0
1 6 4 ,0 0 0
1 8 9 6 - 9 7 ..
4 ,0 0 0
2 1 ,0 0 0
Average thermometer 48, highest 72 and lowest 32.
2 5 ,0 0 0
2 0 ,0 0 0
3 3 8 ,0 0 0
3 5 8 ,0 0 0
Helena, Arkansas.—Farmers are very backward ; many
1 8 9 8 - 9 9 ..
2 ,0 0 0
1 5 ,0 0 0
1 7 ,0 0 0
have not yet commenced plowing. All cotton is not yet
1 8 9 7 - 9 8 ..
......
3 .0 ,i0
3 ,0 0 0
2 ,0 0 0
1 3 ,0 0 0
1 5 ,0 0 0
1 8 9 6 - 9 7 ..
picked. The river is forty-six and six-tenths feet above low
6 ,0 0 0
6 ,0 0 0
5 ,0 0 0
3 2 ,0 0 0
3 7 ,0 0 0
watermark, but five and a quarter feet below high-water­ M a d r a s —
1 8 9 8 - 9 9 ..
1 ,0 0 0
1 ,0 0 0
2 ,0 0 0
1 6 ,0 0 0
1 8 ,0 0 0
mark and rising. Some land has been overflowed, but the dam
1 8 9 7 - 9 8 ..
2 ,0 0 0
7 ,0 0 0
9 ,0 0 0
age is slight. It has rained on three days of the week, the rain­
1 8 9 6 - 9 7 ..
6 ,0 0 0
1 4 ,0 0 0
2 0 ,0 0 0
fall being one inch and fourteen hundredths. The ther­ A ll o t h e r s —
1 ,0 0 0
1 8 9 8 - 9 9 ..
1 ,0 0 •
4 ,0 0 0
6 7 ,0 0 0
6 3 ,0 0 0
mometer has averaged 46, the highest being 65 and the low ­
1 8 9 7 - 9 8 ..
1 ,0 0 0
2 .0 0 0
3 ,0 0 0
1 1 ,0 0 0
2 6 ,0 0 0
3 7 ,0 0 0
est 84. March rainfall, four inches and thirty six hun­
1 8 9 6 - 9 7 ..
2 ,0 0 0
5,0C 0
3 ,0 0 0
1 9 ,0 0 0
5 3 ,0 0 0
7 2 ,0 0 0
dredths.
a
l
Memphis, Tennessee.—Some picking is still going on, but T o1t8 9l 8a-9l —.
4 , COO
9
2 1 ,0 0 0
2 5 ,0 0 0
1 6 ,0 0 0
3 7 5 ,0 0 0
3 9 1 ,0 0 0
not much farm work is being done. The season is very
1 8 9 7 -9 8
1 ,0 0 0
2 5 ,0 0 0
2 6 ,0 0 0
1 7 ,0 0 0
2 0 8 ,0 0 0
2 2 5 ,0 0 0
6 ,0 0 0 1 3 0 ,0 0 0
1 8 9 6 - 9 7 ..
backward. The river is thirty-five and three-tenths feet on
3 6 ,0 0 0
5 0 ,0 0 0
4 3 7 ,0 0 0
4 8 7 ,0 0 0

THE CHRONLCLE,

A pril 8, 1899.)

679

T h e W a g e s D is p u t e in t h e E n g l is h C o t t o n I n d u s t r y .—
According to the foregoing, Bombay appears to show a
decrease compared with last year in the week’s receipts of Under this caption will be found in our editorial columns
33,000 bales.
Exports from all India ports record a loss to-day an interesiing article by onr Manchester special
of 1,000 bales during the week and since September 1 show
correspondent.
an excess of 166,000 bales.
N e w Y o r k C o t t o n E x c h a n g e . — A t the regular monthly
A lexandria R eceipts and S hipments of Cotton.—
Through arrangements we made with Messrs. Davis, Benachi meeting of the Board of Directors of the New York Cotton
& Co., of Liverpool and Alexandria, we now receive a weekly Exchange, held Thursday, a committee of seven was ap­
oable of the movements of cotton at Alexandria, Egypt. The pointed to nominate officers for the following year. The
following are the receipts and shipments for the past weefe committee is as follows: Henry Hentz, C. W . Ide, Reinhard
Siedenbnrg, O C. Hopkins, Samuel Sondheim, M, J. Parrott
t.
and for the corresponding week of the previous two years.
and Henry Schaefer.
A le x a n d r ia , Sgypt,
1896-97.
N e w E ngland M ills S itu a tio n .— The new scale of wages
1393-99.
1897-93.
A p r il 5
which restored the cut made in 1898 went into effect on
Beoelpts (ea n tara'i. . .
Monday last, April 3. Operatives in the Ponemah Mills,
35,000
65.000
50.000
This w e e k ..... .......
TaftviUe, Conn., however, to the number of about 1,000,
5,191,003
0.32 i. 000
5.39 i.000
Sioee Sept. 1 ...........
went oat- on strike Monday last owing to the refusal of the
T k it 1 S ine,
Tkvs 1 S ince
T k it | S in ce
company to make the 10 per cent increase granted to spin­
w eek ; 8spt, 1
w eek. \ 8 e p t.l.
w eek . j Sept. 1.
ners general. It is stated that there is no immediate pros­
pect of a compromise. Some 2,500 weavers employed in the
E xports (bales)—
5,000 295.000 10,000 291.000 mills at River Point, Quidnick, Lippitt, Natick and SlaT o L iverp ool............ 5.000 354.000
14,000 283 OOO
To C ontinen t!.......... 7.000 2 48.000 11,000 312.000
tersville, R. L, have quit work on account of dissatisfaction
with the extent of the increase in wages accorded on April 3.
T otal Europe____ _ 12.000 502,000 t8.000i607.000 21,000 579,00
S hipping N e w s .— As shown on a previous page, the
t Of which to America In 1898-99, 31.193 bales; In 1897-98. 40.03 6
bale*; in 1896 97. 45,152 bales.
exports of cotton from the United States the past week have
d t f JHtsrEK > vstisr. —Our report reoeived by cable reached 03,263 bales. The shipments in detail, as made up
X
to-night from Manchester states that the market is steady from mail and telegraphic returns, are as follows:
Total b a le ..
for yams an 1 quiet for shirtings. Manufacturers are work­
Yo -^T
ing at a fair profit. We give the prices for to-day below New 1 2 8bse a IolUverpool, per steamer Taurio, 973 upland and 1 ,1 0 1
S
s a n d ................................................................................................
ana leave thoie for previous weeks of this and last year for
T o H u ll , p e r s t e a m e r B u ffa lo , 6 5 ................................. .........................
6i
T o M a n ch e s te r. p e r s te a m e r G a r r ic k . 7 3 5 u p la n d a n d 1 8 8
comparison.

1899
a*p.
**«< ■

1893

S k ir t A C o ir *
in g g c o m m o n
1 .
fid
t o JX a t i t .
\ O p ld

a.
a.
M c h .3 '•*« 9 H S u 4
'• X O U S ,* -6 t t | « 4
" 15
14
" 2 4 ***t« 2 S*» ; *
** 3 I 5 « i « 9 S * s 4
A p r . 7 5 t * i « - » 0 % '4

a.
2
3
2
3
2
2

d.
3 i> ,
3T„
3S»
3H „
3*.
34,

< d.
* 8 11
11
310 1 1
* 8 11
3 0 XX
9 6 11

8*4 Ik t. S kiri,
i n g e t eorn m o'
to fin e s t.

3 2 . O op.
TvU tt.
d.

4.

5I3| .— 1 5 ,,
0
V *
90V
5 r iu ® 84t
»8V
S\
98V
H * 1 .-0 1 4 , A

•- <L
4 2 96
l 3 90
4 2 9 8
4 2 98
4 3 » * « f3
i 3 95

UO i f
M i*.
U p >1
i
3 5 ,.
3*9
3 llw

4.
9
9
9

9
35u
35„

9
9

J cte Burrs, Bagging, tcc. —The market for j ate bagging
has been very dall daring the week under review. Prices
are nominal at
for 1 '( lbs. and 614@ 6 )^0. for 2
lbs., standard grades, date butts dull at DOSc. for piper
quality and
for mixing to arrive. From Messrs. Ira A.
Kip 3c Co.’a circular wa ascertain that the deliveries of jate
butts and rejections at Mew York and Boston during March
were 21,941 bales, against 64,401 bales for the same month
last yetr, and for the three months since January l the de­
liveries have been 29,315 bales, against 143,155 bales last
year. Importers and speculators at Mew York and Boston
on March 31 held no stock, against 1,000 bates at the corre­
sponding date In 1898, and the amount afloat for the United
States reajhss 146,636 bales, against 151,795 bales last year.
Sea Island Cotton Movement. —W e have received this
(Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week. The
receipts for the week ending to night (April 7) and since
Sap:. 1, 1898, the stocks to-night, and the same item* for the
eorresfunding periods of 1897-98. are as follows.
B u t t p t t to A p r i l

7.

Thu
w eek .

8 »v a n n a h .............................
O a a r l e r t o n , A o ........... .......
Florida, A c . . ___ ________
T o t a l . ......... ........................

S in c e
S e p t, i

1897 98.
T k i»
w eek .

S in c e
S e p t. 1

S to ck

1899. 1898

276

310 50,5 U
5,180
7,601

89 50.469 4.339 12.719
3
9.761 1,694 3.501
6,691- 2,519 1.5X3

536 03,291

92 72.92- 9.052 17-733

Ibe exports for the week ending tnts evening reach a total
of 591 bales, of which 591 bales were to Great Britain, —
to France and — to Reval, and the amount forwarded to
Northern mills has been 831 bales. Below are the exports
or the week and once September I in 1898-99 and 1897-98.
M eports
fr o m —

Savannah..
Chari't'n,A<
Florida, Ac
N sw Y ork.
B o s to n . . . .
B a lt, A c ...
T ota l___

Week S u itin g A p r . 7 .
G reat F r’ n ce
Total
Srit’ n.
Ac.

Week. S eptA .

2 ,9 9 1 7 ,9 4 0
........... 1 ,4 0 5
........
200
5 ,2 0 7 1 4 ,1 4 7
..........
1 ,9 4 5
........... 2 ,0 5 7

555

2 5 .4 5 3

270

7 ,4 2 4

591 1 9 ,1 9 6 ,

” 816

3 ,1 9 3 2 7 ,0 9 4

8 3 1 3 3 ,8 5 0

150 26 ,3 8 8 i 7 ,2 3 8 3 3 .0 2 *

575 2 6 .9 0 0

"3X 0
. . . . . .

591
150

Total

to r ih 'n H u t,

4 ,0 49
1 ,4 0 5
200
3 ,9 1 0
1 ,9 4 5
2 .0 5 7

.........

” 275

itn e e 8*pt. 1 , 1 8 9 8
G reat f r ' n c
BriVn.
A c.

. . . . . .

"2 7 5

T o t a l . . . _________ ______ -

068

1 ,1 1 4
10 >
1 .2 5 0
1 ,1 0 2
Su3
1 ,0 4 6
1 6 ,0 7 6
2 ,7 5 0
6 ,1 6 6
200
4 ,1 1 0
6 ,0 0 0
2 ,4 0 0
1 ,4 7 8
1 ,5 8 0

150

275
5
1 ,4 8 1
195
250
8 .7 0 0
900
4 ,2 6 0

________ __ .___ ____ _________ _____________ 0 3 , 2 6 3

T h e p a r t ic u la r s o f t h e f o r e g o in g s h ip m e n t s , a r r a n g e d
o a r u su a l fo r m , a re a s fo llo w s ,
O r e a t P r t n r h (Jer- —01 A. IT r o p e
tfsx te o ,
B r ifn .
p o r t * , m a n y . N o rth . S ou th . A c. J a p a n .
N ew Y erk .
2 .2 9 0 ...........
1 0 0 1 ,2 5 0 2 ,6 5 1
..............................
N. O r le a n s . 1 8 .9 2 6 6 .1 6 0
2 0 0 1 0 ,1 1 0
P e n s a co la .
. .. .. . 2 ,4 0 1
..........................................................................
S ‘ p’t N ew s
1 , » 7 8 ........... ................................................. ..........................
B o s t o n ----1 ,5 3 0 ...........
.........................................
l5 o
...........
B a lt i m o r e .
275
5 2 , 6 7 6 ................................................. ..
P o r t l 'd , M e .
2 2 0 ...........................
...........................................................
8 * n F r a n ..................................................................................... ........... 8 , " 0 0
T a c o m a .........................................................................................................
900
B e a tt ie
....................................
.........
........................................... 4 ,2 0 0
.

1898*99.

S e a I s l a n d ___ M a a k O 'y n e ( a d d i t i o n a l ! , 1 9 1 ................................
T o H a m b u r g , p e r s t e a m e r P r e t o r ia . 1 0 0 .........................................
T o S t P o t o r s b u r g . p e r s t e a m e r X e n i a . 1 .2 5 0 .............................
T o G e n o a , p e r sU -aru ora A r o b l m u d c . 2 0 0 . . . . E m s , 9 0 2 ...........
T o N a p le s , p e r s t e a m e r E m s . 5 0 3 ......................................................
T o T r i e s t e , p e r s t e a m e r s C i t y o f G lo u c e s t e r , H O . . . . G o t t ­
f r i e d S o b e n k e r , 9 0 — . . . ....................... ...........................................
N e w O k i e a . s —T o L i v e r p o o l - A p r i l 5 — S t e a m e r E u r o p e a n ,
x
1 0 . 0 7 6 ................................................... .............................................. ..............
T o B e l f a - t —A p r i l 1 s t e a m e r T o r r H e a d , 2 , 7 5 0 .........................
T o H a v r e —A p r i l 1—S t e a m e r s C a m p a n a , 4 , 2 6 0 ; M o n t e a g l e ,
1 . 9 0 0 ................................... ..............................................................................
T o R o t t e r d a m - A p r i l 1 S t e a m e r M o n t e a g l e , 2 0 o ...................
T o B a r c e l o n a — A p r il 6 - S t e a m e r P lo I X , * . l i 6 .........................
T c G e n o a —A p r i l 5— S t e a m r r C I t t a d l P a le r m o , fl.OOU.............
P e r s a c o l a — T o H a v r e —A p r i l 3 — S t e a m e r S ir R i c h a r d G r e n ­
v i ll e , 2 , 4 0 0 ......................... .....................................................................
N e w p o r t N e w s —T o L i v e r p o o l — M a r c h 2 8 —S t e a m e r R a p ld a u ,
1 , 4 7 8 ............................................................
Bo s t o n — T o U v e r p o o l — A p r i l 4— S t e a m e r L a n c a s t r i a n , 2 . . .
A p r i l 5 —S t e a m e r N e w E n g la n d , X.6 7 8 ............... « ............. ..........
T o Y a r m o u t h — A p r i l 1 S t e a m e r B o s t o n , 1 5 0 . ........................
B u /rtw O R B — T o U v e r p j o l — A p r i l 5 —B t e a m o r T o m p l e m o r o ,
2 7 5 S e a I s l a n d .........................................
T o H a v r e —A p r i l 5 —S t e a m e r F o r e s t O a s ll e . 6 ...............................
T o B r e m e n —A p r i l 5 —S t e a m e r B o n n . 1 , 4 9 1 ................... ................
T o H a m b u r g —A p r i l 4 - S t e a m e r M a n i a , 1 9 5 .................................
P o b t l a RO, 31 e . —T o L i v e r p o o l — M a r e h 2 8 - S t e a m e r V i r g i n ia n .
2 1 0 . . . . A p r i l 4 - 8 t c a m e r A s s y r i a n . lO .......
B a r F r a r c i s c o - T o J a p a n — A p r i l 3 —S t e a m e r B t t r le lt d a lo ,
6 .S S O ___ A p r il 4 — S t e a m e r D o r i c , 2 , 4 1 0 .........................................
T a c o m a —T o J a p a n — A p r i l 4 —s t e a m e r T a c o m a , 9 i w .....................
8 b a t t i . r —T o J a p a n —M a r c h 3 0 —S t e a m e r K ln s h tu M a r u , 4 ,2 0

T o t a l . . . . 2 4 .0 9 9

8 ,5 7 1

1 .7 7 0

1 .4 5 0 1 2 ,7 0 7

1 5 0 1 3 .8 6 0

in

T o ta l.
6 ,2 3 1
3 5 ,3 0 8
2 ,4 0 0
1 .4 7 8
1 ,7 1 0
1 .9 5 6
250
8 ,7 6 0
900
4 ,2 0 0

6 3 ,2 6 3

To Japan since September 1 shipments have been 91,941
bales from Paoifio Coast, 15,0713 biles from New Orleans,
13,960 bales from Galveston and 200 bales from New York.
Below we give all nows received to date of disasters to
vessels carrying cotton from United States ports, See.
B i o j a R o , s t e a m e r ( S p a n .) , f r o m N e w O r i o a n s . M a r o li 2 2 , t o r H a v r e ,
w lt n 9 , 7 0 6 b a l e s o r o o t t o n , a g r o u n d a t G r a n d B a y o u , l lo a t e d
A p r i l 0 u n d a m a g e d a n d p r o c e e d e d t o se a .

Cotton freights at New York the past week have been
as roUowa
S ober.

M on.

T u ti.

Wed n et.

T h u rt.

F rt,

151
151
151
151
U v e rp o o l, asked.*.
151
151
H a vre...............
25t
25»
251
251
251
251
201
Bremen------ ------ e.
201
201
20!
201
201
22t
221
221
221
H am burg............ c.
221
221
251
251
251
25'
Am sterdam ........ e
251
251
Rotterdam .......... t
251
25!
251
251
251
251
301
301
301
301
Reval, v, Hamb..*.
301
301
D o r . H n ll...e . 239301 2 8 9 3 0 2 8 * 3 0 28*301 289301 289301
Do v. L oadrn.c.
291
281
29t
301
301
281
G en oa........ .........e. 1 8 9 2 0 19® 201 189201 18 9201 1 8 9 2 0 189201
24
241
241
T rie s te ................c.
24*
241
24t
201
A ntw erp..............r
201
201
201
201
201
Ghent, v.A ntw ’ it.e
201
20*
201
201
26!
201

A considerable portion of tne Sea Islana cotton snippet, to
foreign ports goes vis Mew York, and some small amounts v i a
Boston *a 1 Htltimore. Instead of including this cotton for
the week in which it leaves the Southernoutports, we follow
the same plan as in our regular table of including it when
actually exported from Mew York, See. The details of thf
shipments of Sea Island cotton for the week will be found
under the head ‘ ‘ Shipping News,” on a subsequent page.
Quotation* April 7 at Savannah, for Florida*, common,
9c.: medium fine, 10c,; choice, 13c.
1 Gants net per 1 0 0 l b » .
Charleston, Carolina*, medium fine, 18c.; fine, 2 0 c , ; fullt
Liverpool.— By oable from Liverpool we have the follow
fine 32 to Iio.i extra fine, 40 to 50c.
lagstatement of the week's sales, stocks, &o., at that port,

THE CHRONICLE.

680
M ch . 1 7

M ch . 24.

M ch . 3 0

A p r i l 7.

6 5 .0 0 0
5 3 .0 0 0
4 6 .0 0 0
4 4 .0 0 0
S a le s o f t h e w e e k ............b a l e s
2 ,0 0 0
O f w h lo b e x p o r t e r s t o o k . . .
5 ,8 0 0
3 ,4 0 0
5 ,0 0 0
100
100
100
O f w h lo h s p e c u l a t o r s t o o k .
4 2 .0 0 0
5 9 .0 0 0
4 8 .0 0 0
8a e s A m e r i c a n ............................
4 3 .0 0 0
1 2 .0 0 0
1 0 .0 0 0
1 2 .0 0 0
1 1 .0 0 0
A e t n a e x p o r t ...............................
4 8 .0 0 0
4 8 .0 0 0
f o r w a r d e d ........................................
6 9 .0 0 0
6 5 .0 0 0
T o t a l s t o c k — E s t i m a t e d ............ 1 .7 8 7 .0 0 0 1 .7 5 6 .0 0 0 1 .7 2 7 .0 0 0 1 .7 1 8 .0 0 0
O f w h lo h A m e n o a n —E s t m ’ d 1 .6 6 7 .0 0 0 1 .6 3 1 .0 0 0 1 .6 4 0 .0 0 0 1 .6 3 2 .0 0 0
4 8 .0 0 0
5 5 .0 0 0
4 5 .0 0 0
3 7 .0 0 0
T o t a l I m p o r t o f t h e w e e k ____
4 6 .0 0 0
3 4 .0 0 0
2 7 .0 0 0
4 2 .0 0 0
O f w h lo h A m e r i c a n ............. ..
9 9 .0 0 0
8 9 .0 0 0
8 3 .0 0 0
8 8 .0 0 0
A m o u n t a l lo a t .......... ......................
8 5 .0 0 0
8 0 ,0 0 0
O f w h lo h A m e r i c a n .................
9 5 .0 0 0
7 8 .0 0 0

The cone of the Liverpool market for spots and futures
aaoh day of the week ending April 7 and the daily closing
prioes of spot ootton. have been as follows.
S p ot.

S a t’ d a y .

M onday.

T u e s d a y . W ed ’ d a y . T h u r s d ’y

Market, )
1 :4 5 P . M . j

Q uiet.

Mid. U p l’ ds.

3%
W
3
P.
R
<
1

p<
p
<

Market,

l
1 :4 5 p . M .J

3%

3%

1 2 ,0 0 0
1 ,0 0 0

1 0 ,0 0 0
500

Quiet at Steady at
2-64 1-64 de­
decline.
cline.

o

F u tu r e s .

Steady.

Steady.

Steady.

Steady.

1 -6 4 ®

)
j

Quiet.

The prices of futures at Liverpool for each day are given
below. Prioes are on the basis of Uplands, Low Middling
olause, unless otherwise stated.
S a t.

M o il.

A p r i l 1 to
A p r i l 7.

T u es.
1 :4 5

4

W ed.

T h u ra.

4

1 :4 5

4

1 :4 5

F r i.
4

1 :4 5

P .M . P .M . P .M . P .M , P .M . P .M . P .M . P .M .

A p r i l ...............
A p r il-M a y ..
M a y - J u n e ...
J u n e -J u ly ..
J u ly -A u g ...
A u g .- S e p t ...
8 e p t . - O e t . ..
O o t .- N o v ___
N o v .- D e e . . .
D e c .- J a n ___
J a n .- F e b ___
F e b . M c li- -.

«

ta

p-

•
■

3
3
3
3
3
3
3
3
3
3
3
3

d.
d.
d.
2 0 3 19 3 19
2 0 3 19 3 19
19 3 2 0 3 1 9
2 0 3 19 3 20
20 3 20 3 20
19 3 H 3 2 0
19 3 19 3 20
18 3 18 3 19
I S 3 18 3 18
18 3 18 3 18
1 3 :3 18 3 19
1913 1 8 13 2 0

3
3
3
3
3
3
3
3
3
3
3
3

d.
19
19
19
19
19
19
19
18
18
18
18
19

3
3
3
3
3
3
3
3
3
3
3
3

d.
19
19
19
20
20
19
19
19
18
18
13
18

3
3
3
3
3
3
3
3
3
3
3
3

d.
<i.
19 3 20
1913 2 0
19 3 2 0
19 3 2<
2 0 3 21
19 3 2 0
19 3 2 0
19 3 2 0
13 3 19
18 3 19
18 3 1 9
19 3 2 0

3
3
3
3
3
3
3
3
3
3
3
3

d.
20
20
20
21
21
20
20
20
19
19
19
20

BREADSTUFFS.
F r i d a y , April 7, 1899
A quiet market has been experienced for wheat flour
Buyers generally have continued to hold oil, the disposition
generally shown being to confine purchases almost ex­
clusively to a hand-to-mouth basis. There has been, how­
ever, no attempt to force sales, and values have been fairly
well maintained. The demand from exporters also has
been quiet.
City mills have had a moderate sale,
and have brought steady values.
Rye flour has been
quiet, and there has been a slightly easier tendency
to values.
Corn meal has had only a limited sale,
and there has been a slight weakening in values.
Speculation in wheat for iuture delivery has been fairly
active. The tone, however, has been somewhat unsettled
and for the week the changes in prices were of an unimport­
ant nature. Weather reports from the winter-wheat belt
have been the principal factor in the situation, and prices
have moved up or down according to the character of the
advices received. Saturday the reports were of very cold
weather West, and they carried prices to a higher basis.
Monday, after a firmer opening on unfavorable crop reports,
the market turned easier under predictions of milder
weather West, and a full movement of the crop
also
had
a weakening
influence.
Tuesday there
was a quiet market and prices again weakened slightly
under warmer weather at the West and easier for­
eign advices. Wednesday the market was easier earlier in
the day under fair Belling by longs. Toward the close,
however, there developed a decidedly strong tone and prices
advanced rather sharply on a de uand from shorts to cover
contracts, stimulated by unfavorable crop accounts. Thurs
day there was a firmer market on fair buying, stimulated by
crop damage reports as a result of the recent severe weather
experienced in the winter-wheat belt. Toward the close,
however, realizing sales by longs and aggressive operations
by bear operators resulted in all of the early improvement
being lost. Business in the spot market has oeen ou a
limited scale only, as exporters have not been extensive buy
ers; prices have followed the course of futures To-day there
was a moderately active market and prices weakened slightly
under liquidation by longs and sympathy with the weakness
in financial circles depressed prices. The spot market was
quiet. The sales for export were 112,000 bushels.
DAILY CLOSIN PRICKS OP NO, 2 RED W
G
INTER IN N EW V O il K
C a sh w h e a t f.

0.

b ..............

May delivery In eley_
_
Jnly delivery In elev......
S e p t , d e l iv e r y In e l e v ___

ftnt.
Sat.
82*
78 *
77*
7544

lu es.
81%
70%
75%
73%

74*
ES O F NO. 2 i p r i n g
s

Sat.

delivery In elev...... 7 2 %
72*
Jnly delivery In eley...... 72%
72*
M ay

Afnn.
M on.
80*
70*
76*

M on.
71*
72

T u es.
H o li­
day.

W ed.
8 2*

77*
76*
74*
in

D A I L Y CLOSIN G P R IO E S O F NO . 2 M I X E D CORN IN N E W

C ash c o r n f. o. b ...................
M a y d e l i v e r y in e l e v ___
J u l y d e l i v e r y in e l e y ........

T h u r t.
82%

77%
76%
74%
C H IC A G O .
W ed .
T h u rs.
73
72%
72%
72%

May d e l i v e r y In e l e v ........
Jnly d e l i v e r y in e l e v . . . .
S e p t, d e l iv e r y i n e l e v ___

3%
1 0 ,0 0 0
1 ,5 0 0

8 ,0 0 0
500

Indian corn futures have received only a limited amount of
attention and there has been a gradual sagging of prices.
Freer offerings from the country and a prospective increased
movement of the crop had a weakening influence, prompting
liquidation by longs, and under their offerimgs prices have
weakened slightly. Business in the spot market has been fairly
active, as exporters have been buyers at prices showing slight
declines in sympathy with the easier market for futures. To­
day the market was quiet and slightly easier. The spot
market was fairly active but at slightly lower prices. The
sales for export here and at outports were 380,009 bushels.
S a l.
43
40%
40%

M on.
42%
34%
40

T u e i.
43
39%
39%

W ed .
43%
39%
40%

Y O R K .
T h u rs.
F ri.
43%
42%
39%
39%
40%
39%

D A I L Y CLO SIN G P R IC E S O P N O . 2 M IX E D C O RN IN C H I C A G O .

Firm.

Stead).

Easier.

Barely
steady.

Spec. A exp.

M a rk et,
4 P .M .

F r id a y .

[VOL. LXVIII.

.

81*
76*
76*
74*
F r i.
71*
72*

S a t.
3o
35%
36%

M on.

3 4%
35%
36%

T u es .

W ed .

—

35

(la j'

35%
36%

T h u rs.
3 4 7,
35%
36%

F ri.

3 4%

35%
3 5%

Oats for future delivery at the Western markets have been
quiet. Early in the week there was an easier tone under
some liquidation by longs, prompted by freer offerings from
the country. Subsequently, however, the tone was steadier,
as the crop movement was slightly under expectations,
and there was a demand from shorts to cover contracts.
Business in the spot market has been only moderately
active, as the home trade has been the only buyer. To-day
there was a quiet and slightly easier market. The spot
market was moderately active and steady. The sales inclued 25,000 bushels for export.
D A I L Y CLO SIN G P R IC E S O P O A T S IN N E W

Y O R K .
W ed .
T h u rs.
33
33*
35*
36
D A I L Y CLO SIN G P R IC E S( O F NO . . 2 M IX E D O A T S IN C H I C A G O
P NO
S a t.
M on.
T u es.
W ed .
T h u rs.
M ay d e liv e r y in e l e v . .
26*
26*
H o li­
26%
26%
25*
25*
25*
day.
25%

N o . 2 m i x e d i n e l e v ____ _
N o . 2 w h it e I n e l e v .............

S a t.
3*
33%
6*
36%

M on.
33
36

T u es.
33
36

F r i.
33%
36
F r i.
26%
25%

Rye has been quiet and prices quoted for opening of navi­
gation have been lower. Barley has been dull and un­
changed.
Following are the closing quotations :
PLODS.
P i n e ......................................$ 2 2 0® 2 2 5
P a t e n t , w i n t e r ........ Sf!3 6 0 ® 3 9 0
S n p e r fln e ........................... 2 4 0® 2 5 0
C i t y m ills , e x t r a s . . 4 5 0 ® 4 7 5
E x t r a , N o . 2 .................... 2 6 0® 2 7 0
R y e flo u r , s u p e r f in e 3 0 0 ® 3 4 0
E x t r a , N o . 1 .................... 2 6 5 ® 3 0 0
B u c k w h e a t f l o u r ................. r a ____
B a k e r s ’ e x t r a ........... 2 85 ® 3 3 5
C orn m e a l S t r a ig h t s ........................... 3 4 0® 3 6 5
W e s t e m ,e t c ...... 2 05 ® 2 10
P a te n t, S p r i n „ ......... 3 8 - - ® 4 5 5
g —
5
2 10
B r a n d y w i n e ...........
'W h e a t f lo n r i n s a c k s s e l ls a t n r i o e s b e l o w t h o s e f o r b a r r e l s .
G R A IN .

W h e a t—
H a r d D u lu t h , N o . 1
N ’ t h ’ n D u ln t h , N o . 1
R e d W in t e r , N o . 2 ..
H a r d M a n ., N o. 1 . .
O a ts — M ix ’ d , p e r h s h .
W h i t e ...........................
N o . 2 m i x e d ...............
N o. 2 w h l t e . . .

e.
0.
83% ® 86%
80% ® 83%
8o% ® 81%
83% ® 84%
32 ® 34%
35 ® 39
33% ® 34%
36 3 3 7

C o m , p e r bnsh c.
0.
W e s t e r n m i x e d . . . _ . .3 9 % ® 4 2 %
N o . 2 m i x e d .................... 4 0
® 42%
W estern Y e l l o w ... ...4 0 % ® 4 2 %
W e s t e r n W h i t e ............. 4 2 % ® 4 3 %
R yeW estern , p e r b u s h . ..5 6 % B 6 4 %
S t a t e a n d J e r s e y .......... 5 8
® 64
B a r l e y — W e s t e r n .............4 8
® 55
P e e d l n s ............... ..............4 2
® ....

The movement of breadstuffs to market as indicated in the
statements below is prepared by us from the figures coiected by tbe New York Produoe Exchange. The receipts at
Western lake and river ports for the week ending Apr. 1, and
since Aug. 1. for each of the last three years, have beem
Receipts at—

Flour.
Wheat.
Oats.
Corn.
Barley.
ye.
Bbls.lQQlbs Bush.Q0U Bush.bQlbs Bu8h.32lbs BushAQlbs Bu.60 7 v
)8
5

Jhioago.....
134,69/
260.183
852,7t0 1,802,980
160,607
28,350
villwaukee
22,800
149.800
It-8,400
61,000
64,e00
30,100
Duluth.....
8,175
667,788
89,408
7,093
12,476
1,781
Minneapolis.
........r
4,127 1,997,420
96,61'
160,930
Toledo.......
14,180
28467
47,000
31.000
137,481
22,000
Detroit......
5,000
?8,n15
76,298
11,810
4,148
1827
Cleveland .
50/24
St. Louis . .
26,900
50 744
161,815
2,250
98,00
130,G
60
•*eoria----7,350
11,250
5,850
291,550
9J
,300
Kansas City.
63.000
195,000
190,00<
Tot.wk.’99.
223,224 3,334.091 2,013,315 2,854,504
286,331
03,858
Same wk.’98
182,481 1,959,951 2.874 374 2,398,101
424,184 132,069
Same wk/97.
155,603 2,800,399 1,858,949 1,58\2.2
342,988
75,223
3..ice A u g. 1
.
1898-99___
10 416,0’?9 222 421,627 159,206,5*4 122,000,479 32,214,735 8,853,232
{S97-0S....... 7,776.304 181,361.724 173 331,034 133,652,151 31 199,543 8 840,917
1896-97....... 8,044.634 130,798 998! 115,949.224 125.142,651 33,694.755 0 035,522
Ti e rooeints of flour and grain at the seaboard ports for the
v.ieU ended April 1 , 1899, follow:
Blour,
R ye,
Barley.
W neat,
Oats,
O orn ,
H ectiptsa i—
bbls.
bu sh.
bush.
bush.
bush.
bush.
Sew York.............. 141,072
716,200
32,400
26,275
B o s t o n ...........................
36,34f»
710
700
69,240 516,127 273/07
viontreal..............
7,666
1,386
24,078
600
Philadelphia......... 70.479 ' 17,575 249,453
9,600
73,189
B a l t i m o r e ........ ...........
84,468
41,531 730,5*3
12,841
79,407
Richmond.............
3,529
24
11.200
6,370
20,072
N Orleans........ 12,2m 816,126 38V742
ew
57,930
Sewport News......
2 ,8 o«
145,7 '8
Sorfolk................
759
199,428
G a l v e s t o n .......... ....................
120.000
29.000
9.000
Portland, Me......... 25,625 189,518 212.947 103,189
M o b il e ............................
1,768
24.000
14.660
78,834
4t. John, N. B....................
40.000
^ Total week....... 3;4,‘ 88 1.012.359 2,977,724 1,361 660 37,961 45/75
■V 1898............. 432,966 2,009,921 4,391,832 1,724,741 73,355 278/82
eek
•Receipts do not include «raln passing through New Orleans for for«ifi»
Ports on through bills of lading.

THE CBLRON LCLE,

A pril S, 1899.]

681

Total receipts at ports from Jan. 1 to April 1 compare as fancy lines, with a firm tone. Flannels are generally well
sold and prices tend upwards. Blankets quiet.
follows for four years:
1898.
1897.
1890.
ISM .
R tctipU Of-*
D o m e s t ic C o t t o n G o o d s .— The exports of cotton goods
4,050,195
5,179,308
2,832,390
r io n r .................... . .. b b l » , 5,637.097
from this port for the week ending April 8 were 37,898
5,174.012
20,111.687
3.307,330 packages, valued at $889,588, their destination being to the
...b a s h . 28.140,395
5S.so5,003
01,378.152
18,152 33«
..
“
45.^11.810
C orn ......... .
14,913.501
25.490.9S8
10,120.489 points specified in the tables below:
“
H ,993,581
**

T o ta l Brain ..

1,069,729
2.050.335

1.813.707
3,291,471

2,011.512
1,876,033

1.834,079
343,678

“

B a rley ...................
R y e ........................ „

91.798^56

104,001,858

85.453.839

33,701,840

The exports from the several seaboard ports for he week
ending April 1,1899. are shown in the annexed statement:
tV*uat>
K a w T o r * ____ 210.271-•
Bo# to a ............. 177.1G:.
Portland, M e . 1&A&14
P h ila d e lp h ia - 151.1S9
iSew O rleaa#.. 081.000
N o r fo lk ...................
Jfewp’ rt New*
- ....
G a W e a t o c ................
M ob ile ...........
2t.00*>
S t.J o h n . N. B.
40.000

O om
tmsh.
394*^27
320.19 4
2li,947
313.303
794.710
164.054
19 J.428
145.714
43.00*)
7 i.8 3l

flo u r ,
bbU.
57.670
11,291
23,0*5
19.925
58.574
7.528
759
2.800
.... ...
-

Oaf.*.

20,030
35
............

R yrt
tnuh.
.......

Pea*.
5 Ul A.
10,755
. . . . . ..

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

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

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

33.904
M .3J3

Bariev
trU*K.
. . . . ..
.......

180.951 31*4,118
802.364 1.5iS.028

0. St C. A m e r ic a .
W est la d l e i ........

Br. N. Am-Colo’s

W heat

busk.
In t'vr* a —
w
New Tor* .............. 2,632 000
Do afloat...
Albany*.,.
----Batfalo ................. 853,006
Do afloat-......
a®
Chicago.................. 4A70 <
175,000
Do afloat.....
45-Milwaukee .. -.......
918.000
Do afloat- —
Doiath
.. — .. 10.487.i«$0
M
-4,000
Do afloat.......
Toledo
. ..
Do afloat.......
, 284,000
Detroit ........... .
Do afloat..... .
8t Lome.................
Do afloat..- —
177.000
Beaton
'W O
.O O
Toronto ............. ....
19 000
Montreal
--------Philadelphia.-------lla.'W
O
9,000
Peon*...............- .
6r 00
.O
Indianapoll*..........
7H O
1 .O O
fcaaea* City. -..... .
Baltimore---- .. ... 907.000
lllnneaCH
'iti# ......... . 7.-.>0 000
3
0,00*5
On MLuUflppi itlTer
....
On Lake# - ........... .
Oa canal and rtrer. . . . . . . . . . .
T ota l A p r U 10W S3.W7.000
T o ta l Mar. *5. H * ao.0d7.000
% 1*0 8 ± K ^ \ (X )Q

T o ta l 4 o r . 3. t8 3 ».* M * * .0 0 0
T otal A pr 6. 1806 * M *i,0 Q 0

2 ,1 8 5
1 ,5 0 0

8 2 ,5 7 9
1 ,7 0 0

T o t a l ....................... .................. 3 4 ,1 -1 0

1 2 7 ,6 8 0

3 ,6 8 5

8 4 ,2 7 9

ORY

a iV o o

>-•
1.000
1,286,000
5 ^ 000^ 0

S30.00C
1C6.C0C
K8

S3),006

120,000

1 OOC

455 TOO

3.000

' 4.000

lO.OOt

‘ 76,000

i.o6b

* 7 .000
8,000

53.GW
l& O M
16.000
475.000
100.000
229,000
94.000
aill
8*0,000
2,413,000

10.000

63.000
20,000
6.000

I m p o r t a t io n * a n d W a r o b o n a e W i t h d r a w a l ! o f D r y S o c h i

44,000

01,0 c

11.322.000
1IJS> 8*000
42.046.000
19.010.000
9.014.000

1. 113*000
l .iit .M Q
3.204.000
9,66 i 000
t.623.900

2.32~,00
9^00. out
U 73.001
3^12.0CC
taiO .O O j

0 «f«
tmsh.
*87.000

110.000
073,000
091006
17.000
468.000
019.000
168.000
521.000
1,5*0,000
8.857.000
49.000

32.^07,000
S3 897.000
49,647 000
9 M I 2 000
t6.08tf.OOO

Outs
busk.
787.000

am
bUtk.
67.000

MuA
60, i 0

8 ,iw
1,000
3,000

683.06*

36,000

IS.OiH

GOODS TRADE.

P. M . , April 7, 1899
Market conditions have undergone very iittle change dar­
ing the past week. The day-today demand, outside of some
new fines for fall, has been on a moderate scalo and free
from special features of importance. Bayers bolding the
opinion that quietude meant weakness have been testing the
cotton goods division with bids below current quotations,
but have only succeeded in making clearer the fact that the
general sitnation has not loet strength to M y appreciable de­
gree. In no lines of staple cotton* are there stocks sufficient
to induce sellers to make concessions to move them, and in
all leading lines of seasonable fabrics the supplies on hand
are not more than adequate to meet ordinary sn pplementary
needs of the balance o f the season. Some irregularities are
noted, but they are always the outcome of condition s peculiar
to the individual seller. Buying for fall in special lines has
again been on a liberal scale and an enconraging indication
of the confidence with which purchasers view the prospects
of the coming season.
W o o l e n G o o d s .— Business in heavy-weight woolens and
worsted for men's wear has again been quiet. A fair num­
ber of orders has been recorded for both staple and fancy
lines, bat baying is not spirited enough to be satisfactory.
The best demand has run upon serges and an occasional line
of these has been sold up. Light weight serges for quick de­
livery are generally well situated. Ia the'general ran of
piece dyed fabrics and in fancy cheviots and worsteds busi­
ness so far this season has not come np to expectations, and
the market ghows some irregularity in prices, although
sellers still express confidence in the later demand being
sufficient to take care of the season's output. Overcoatings
are quiet and unchanged. Cloakings occasionally 5 per cent
higher. Fall dress good* are selling well in both plain and
N ew

• From New England m ill points direct.

*t2.0O6

l,6-*3,559 02.fi8S>,02» 2.782.649 104.4TS447
U6l8,fif7 70,284.101 4,706,640 H I 8 0 3 /9 0

* L l i t w e e k ’# stock*-, U*l» week*# n o t r e c e iv e d .

THE

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

! ...........

413 3*
147.000
4.U J0
K
900.005
301 iWO

lu a s .m

W eek
Since Sevt.
W eek
Since Sept
Apr, i
1, 1898.
A p r. 1.
l . LS9S
»u M .
LtrrA.
bW ti.
bush.
1
V 18.21 -i 60,010.4 > 1.326,817 49 145.782
0*0,317 «1.064,162 1.86*. MI M . 467,500
1.205
193.390
0O.UU
18.S92
533,0* U
187.BIO
2.224
S16>18
l.ir i'.io .i

The visible supply of grain, ooDaprlying the stooks it>
granary at the principal points of accumulation at lak* and
seaboard porta, April 1» 1899, f t s an follows;

T o ta l A pt.

T o t a l .......................................... 2 7 .3 9 3
C h in a , v i a V a n c o u v e r * ____ 6 ,7 4 2

i

40.000
1.0)0

180.951
362.154

C o n t i n e n t - ...........

378
105
186
1 ,3 7 5
57

1 ,0 3 7
333
3 8 ,3 0 4
3 ,9 9 0
1 0 ,5 1 0
5 ,6 1 2
3 ,9 5 2
1 ,1 8 5
1 ,7 3 2
1 3 ,7 8 1
2 ,1 1 3

1.43439)0
4,065,000
4,0w
m m
t,0 6 i, too

T ju U
T ota l

a n d t in e *

84

.
901000

O th er cou n tries..

ic e e k

S in ce J a n

The value of the New York exports for the year to date
has been $1,164,054 in 1899, against $2,928,232 in 1898.
Actual buying of heavy sheetings and drills on home
account has" been moderate this week.
Some fair-sized
export orders have been in the market, but difficulties in ob­
taining the required shipments or the hi<h prices asked by
sellers have stood in the way of their execution in most in­
stances. There is no sign of any leading line of brown cot­
tons weakening. Wide print cloth yarn fabrics are steadier
than they were last week. Business in ducks and osnaburgs
has been light at previous prices.
All leading tickets in
bleached cotton* are Bteady in price, in face of a quiet gen­
eral demand
Wide sheetings and cotton, flannels and blan­
kets are qniet bat firm. Denims, ticks, plaids and other
coarse, colored cottons have been in limited request, bnt. the
market is indifferently supplied and prices are maintained.
Rtd-finiabed cambrics inactive. Fancy and staple lines of
printed calicoes in moderate request but firm throughout.
Dark printed flannels lor fall opening with good demand
and fully 10 par cent higher than last season. Woven pat­
terned dress goods for fall have sold well in plaids and fancy
effects. GiDgbams in limited supply and vary firm. Print
cloths inactive in regulars at 2 ^ c . Odd goods close steady.
F o r e i g n O r y G o o d s . — Dress goo is for fall improving in
demand. Silks also ia better reqnest and very firm in price.
Ribbons also firm. Linens quiet aod unchanged. Burlaps
firm. Laces and other specialties qniet,

ifitic* Sept.
1 , 12S»-.
bblMObu.
108,550 729H.S10
1,752,116
30.179
715,^-81
12.919
30.162
m jm
110.699
1*704
2.431
279480

W eek

Serpt. 1t o U nited K ingdom

W eek .

626
278
7 2 ,4 2 1
1 ,0 1 6
1 2 ,9 6 0
4 ,1 0 1
7 ,9 3 0
1 ,3 8 8
2 ,3 5 9
1 5 ,1 1 6
2 ,7 1 9

4 0 .8 ii

The destination of these exports for the week and since
September 1, 1893, is as below.

1898

S in c e J a ti. 1.

18
72
2 0 ,3 1 2
38
3 .1 3 1
1 ,8 7 6
663
86
M e x i c o . : ............................... —. . .
250
C e n tr a l A m e r ic a ... . . . . . . . . . .
812
S o u t h A m e r i c a ...........................
86
O t h e r C o u n t r i e s ..................... ..

G r e a t B r i t a i n ................... ... ........
O t h e r E u r o p e a n .........................

.......

T otal w e e t . l 583.MB 2.732 019
Sam e t im e ’98.1.518,237 4 700,548

E xp orts fa r

W e ek .

. . . . ...

190.028

127,455
d5, <0?
103,179

1899.
N e w Y o r k to a t e il 3.

Y o r k , F r id a y ,

The importations and warehouse withdrawals of dry goods
at this port for the week ending April 6, 1899, and since
January 1 , 1899, and for the corresponding periods of last
year are as follows:
3
3
£
s
C
M
* 3 8?^ * 8 .
fagSf!
* 59 o H

u

E ,£E I
B

; 31

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s
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*> 0
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♦0*0

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THE

682

[ V ol . L XV III.

C H R O N IC L E .

the ca se o f e a c h lo a n r e fe r e n c e is m a d e to th e p a g e

• t* t *

and

C ity D t f / w w t i u ,

of

th e C h r o n i c l e w h e re a f u ll a c c o u n t o f th e sa le

is

given.

TERM8 OF SUBSCRIPTION.

M arch B o n d

The Investors’ S upplement will be furnished without
»sra charge to every annual subscriber of the Commercial
and

Financial Chronicle.

The State and City Supplement will also be furnished
without extra charge to every subscriber of the Chronicle .
The Street R ailw ay Supplement will likewise be fur­
nished without extra charge to every subscriber of the

Chronicle.
The Quotation Supplement, issued monthly, will also be
furnished without extra charge to every subscriber o f the
Chronicle .
TERMS for the Chronicle with the four Supplements
above named are Ten Dollars per year within the United
States and Twelve Dollars in.Europe, which in both cases
inoludes postage.
Terms of Advertising—{P er Inch Space.)
T r a n s i e n t m a t t e r (e a o h t t m e ) $ 4 2 0 i T h r e e M o n t h s ( 1 3 t i m e s ) . .$ 2 9 0 0
s t a n d in g b u s i n e s s c a r d s .
S ix M o n th s
(2 6 t im e s ).. 5 0 0 0
T w o M o n t h s (8 t i m e s ) .......... $ 2 2 0 0 I T w e l v e M o n t h s ( 5 2 t i m e s ) . . 8 7 0 0

MUNICIPAL BOND

SALES

IN

MARCH.

P a ge.

L o ca tio n .

B a te .

sales.

M a tu r ity .
M a r. 1 8 ,1 9 0 8
1 9 0 0 -1 9 0 2
1 9 0 0 -1 9 0 7
1919
1 1 9 1 4 -1 9 2 9
1 1 9 0 9 -1 9 3 9

5 8 2 ..
A k r o n , O h i o ........... 5
5 8 2 ..
A h r o u , O h i o ........... 5
5 8 2 . . A k r o n , O h io . ................
5
(1 3 4 .. A n d e r s o n , 8 . C .................. 4^3
5 8 2 . . A t c h i s o n C o ., K a n .......... 4
4 8 8 ..
B e x a r C o ., T e x a s . 4 ^
4 3 9 ..
B l o o m f ie l d (N . J .) S c h .
D i s t r i c t . ...................................
4 3 9 ..
B l u f f t o n , I n d ........ 4
6 3 4 ..
B o o n e C o . (111.) S c h o o l
D i s t r i c t N o . 6 ................ 5
6 3 4 ..
B r a d d o o k , P a ........ 4**
4 4 0 ..
B r id g e p o r t, O h io . 4
5 8 2 ..
B r i d g e t o n , N . J .... 4
5 3 7 ..
B u ffa lo , N . Y .......... 3
6 3 4 ..
B u ff a lo , N. Y .......... 3
6 3 4 ..
B u ff a l o C o ., N e b .. 4
*
5 3 7 ..
C a n t o n , O h io ......... 3 1
5 8 2 ..
C a p e M a y , N . J .... 5
6 3 4 .. C a r t b a g e , M o .................... 5
6 3 4 ..
C a t t a r a u g u s C o ., N . Y .
6 8 4 ..
C l a y C o ., T e x a s .. 5
5 8 2 ..
C o lo r a d o S p r in g s . 4
5 8 2 . . C o l o r a d o S p r in g s ............ 4

1 9 0 0 -1 9 1 0
1899- 1927
A p r. 1, 1929
1 9 1 4 -1 9 1 8
J u ly 1, 1 9 0 0
J u ly 1 ,1 9 0 0
11 9 0 9 1 9 2 0
M a r. 1, 1 9 0 9
A p r. 1 ,1 9 2 4
U 9 0 4 -1 9 1 9
4 1900- 1904
♦1909 1 9 3 9
1 1 9 0 9 -1 9 1 4
1 1 9 1 4 -1 9 2 9

4 4 1 ..

4 1 9 0 9 -1 9 1 6

C o l u m b i a C o ., N . Y . . . .

1911

A m o u n t.
P rice.
2 5 ,6 0 0 1 1 4 5 8 9
3 .0 0 0 1 0 3 -1 6 6
5 ,5 0 0 1 0 5 -8 8 6
8.000 1 0 2 -4 0
2 3 1 ,0 0 0 100
4 1 , 5 0 0 1 0 2 -5 0
9 0 .0 0 0
1 8 .0 0 0

105
1 0 3 -0 6

20,000 1 0 8 -5 3 5
8 1 .5 0 0 1 1 5 * 9 2 /
7 5 .0 0 0 1 0 6 1 5 .0 0 0 1 0 8 - 3 8
4 ,6 0 8 100
1 ,2 3 0 100
5 4 .0 0 0 1 0 3 * 3 1
9 ,5 0 0 1 0 1 1 3 .0 0 0 1 1 1 -2 7
2 5 .0 0 0 1 0 7 5 0 .0 0 0 1 0 2 3 4 .0 0 0 100
5 0 ,0 0 0 }
8 5 .0 0 0 « 1 0 5 -5 6 5
5 5 .0 0 0 S 1 0 7 -7 5
(1 1 2 -3 2
1 7 0 ,0 0 0 1 0 2 -

1 1 9 0 9 -1 9 2 9
4 8 9 ..
C o lu m b ia , P a ......... 3 ^
6 3 5 . . C o l u m b u s (O h io ) S c h .
M ar. 1 ,1 9 1 7
12.000 1 0 9 D i s t r i c t .......................
4
1 1 9 0 9 -1 9 1 9
3 7 .5 0 0 1 0 3 4 8 9 ..
C o l u m b u s , N e b ..... 4*3
7 5 .0 0 0 1 0 8 - 9 1 7
1
4 8 9 ..
C u m b e r l a n d C o ., N . J . . 4*39 0 2 -1 9 1 6
22.000 102
1 1 9 1 4 -1 9 2 9
6 8 5 . . D e la w a r e C i t y , D e l ........ 4
A p r. 1 ,1 9 2 9
3 8 ,0 0 0 1 2 3 -0 9
6 3 5 ..
D e t r o i t , M i c h ......... 4
5 8 2 ..
D i x o n C o . (N e b .) S c h .
1 2 .0 0 0 1 0 3 -7 5
11 9 0 4 -1 9 1 8
D i s t r i c t .............................. 5
4 0 .0 0 0 1 0 7 -7 5
6 8 5 ..
E d e n , M e .................. 4
6 8 5 ..
E l k h a r t L a k e , M o ....... 5 1 9 0 0 1 9 1 9
5 . 0 0 0 1 0 2 -5 4
1 9 0 0 -1 9 0 5
6.000 10210
6 b 5 . . E v a n s tO D , 111..................... 4
M a r . 1, 1 9 2 9
2 5 . 0 0 0 1 1 6 -0 3
5 8 3 ..
E v e re tt, M a s s .... 4
4 8 9 ..
F a y e t t e v i l l e , T e n n ..... 5 1 1 9 0 9 - 1 9 1 9
3 0 . 0 0 0 1 0 6 -1 8
1 2 0 ,0 0 0 1 0 2 -6 0 4
6 3 5 ..
F r a n k li n C o ., O h io ..... 4 1 9 0 0 -1 9 1 9
U 919
6 5 .0 0 0 1 0 2 01
6 3 5 ..
G o li a d C o ., T e x a s ....... 5
6 3 5 ..
G r e e n B a y , W is . (2 i s ­
1 9 0 0 -1 9 1 4
2 1 ,5 0 0 1 0 3 -5 2
s u e s ) ................................... 4
1 5 .0 0 0 1 0 5 * 6 7
4 8 9 ..
H a m il t o n C o ., O h io 3*2 1 1 9 0 9 - 1 9 1 9
t l9 0 4 1919
6 3 5 ..
H e r m a n , N e b ......... 4*3
2,000 §100
3 0 .0 0 0 1 0 0
U 9 0 9 -1 9 1 9
6 3 5 ..
1 .a h o F a lls , I d a h o 0
5 3 7 ..
1 0 . a F a ll s ( I o w a ) S o h .
7 ,0 0 0 1 0 0 1 9 0 0 -1 9 0 6
D i s t r i c t .............................. 4
1 2 5 .0 0 0 1 0 1 - 6 0
1 1 9 1 9 -1 9 2 9
4 8 9 ..
J a o k 8 o n C o ., A l a . 4 * s
1 1 5 ,7 3 6 1 0 4 -5 0 1
6 3 5 J a c k s o n C o ., I n d ....................
2 4 .0 0 0 1 0 0 -5 0
'" * 1 9 0 7 * * "
6 8 5 . J a y C o ., I n d ....................... 3**
7 5 .0 0 0 1 0 0 - 2 6 6
4 8 9 ..
J e f f e r s o n C o ., M o n t 4*8 1 1 9 0 9 -1 9 1 9
100.000 1 0 0 - 9 9
1904 1909
5 8 3 ..
J o h n s o n C o ., I o w a 3 h i
3 0 .0 0 0 100
o p tio n a l
5 8 3 J o p l i n , M o ........................... 5
5 5 0 , OCO 1 0 7 -2 0
4 8 9 . . K a n s a s C it y , M o .............. 7
1 9 0 0 -1 9 1 9
7 5 .0 0 0 1 0 1 5 3 8 ..
L o u is i a n a , M o ............. ........................ 4
5 8 3 ..
L u z e r n e C o . (P a .) C e n ­
1 9 0 3 -1 9 2 2
t r a l P o o r D i s t r i c t ___
3*8
2 0 0 .0 0 0 1 0 2 -3 1 1
191
6 3 6 ..
L y n D , M a s s . ........................................... 9 4
3 0 .0 0 0 1 1 2 -5 6
♦1 9 0 9 -1 9 1 9
583..
L y o n C o ., K a n ...... 4^4
1 6 7 .0 0 0 ) 1 0 1 - 4 8 8
5 8 3 ..
L y o n C o ., K a n ....... 4
♦1 9 0 4 -1 9 1 9
2 5 .0 0 0 5 1 U i
♦ 1 9 0 9 -1 9 1 9
5 3 8 ..
M a d is o n , W i s ......... 3 J
s
4 0 . 0 0 0 1 0 2 -1 5
6 3 6 ..
M a s o n C ity (Io w a ) S ch .
♦ 1 9 0 4 - IP 0 9
D i s t r i c t ........................ ..
4
20,000 1 0 2 -0 7 5
M ar. 1, 190 2
5 3 8 ..
M t. V e r n o n , N . Y . 5
3 2 .0 0 0 1 0 5 3 2
♦1 9 0 4 -1 9 1 9
4 0 .0 0 0 100
6 8 6 ..
M o n t p e l ie r , V t ...... 3
2 6 5 ,0 0 u 1 0 0 -8 0 2
6 8 6 . .M o r g a n C o ., A l a .............. 4*3 ♦1 9 1 9 * 1 9 2 4
1 9 0 0 -1 9 0 5
5 8 4 ..
N i e s , O h io ............... 4*3
12.000 1 0 2 -5 1 2 5 '
5 3 8 ..
P a u l d i n g C o ., O h io (3
i s s u e s ; ............................... 5
3 9 .5 0 0 1 0 5 *2 8 3
1 9 0 0 -1 9 0 6
M
6 3 6 ..
P le a s a n t R id g e , O h io .. 5 a r. 1 , 1 9 0 9
7 ,5 3 4 1 1 2 -5 8 9
1
5 8 4 ..
R o c k i n g h a m C o ., N . H . 3 ^ 9 0 6 -1 9 1 0
3 5 . 0 0 0 1 0 2 -9 0 8
5 3 8 ..
5 . g i n a w , M ic h . (2 i s ­
1920
s u e s ) ................................... 3*2
2 8 .5 0 0 103 *10
19001 9 3 9 b 0 , 0 b 0 1 0 6 -3 3
6 8 7 ..
5 . l i n a s C it y . C a l.. 5
5 3 8 ..
5 . n d u s k y , O h io ... 4
19011 9 1 0 5 0 .0 0 0 1 0 3 1 7
6 3 7 ..
T a r e n t u m (P a .) S c h o o l
D is t r i o l .............................. 4
M a y 1 ,1 9 2 9
2 5 ,0 0 0 1 0 8 3 7
5 8 5 ..
T a u n t o n , M a s s . (2 i s ­
s u e s ) ................................... 4
5 5 .0 0 0 1 1 7 1 8 3
D e o . ^, 1 9 2 8
6 8 7 ..
T l i ib o d a u x , L a ...... 5
1 5 . 0 0 0 1 0 1 -7 4 6 1905 1910
6 8 7 T u s c a l o o s a , A l a ............... 5
1919
3 8 . 0 0 0 1 0 2 -5 0
8 .0 0 0 1 1 6 * 2 5
A
6 3 7 ..
U p p e r S a n d u s k y , O h io . 6 p r . 1 , 1 9 0 7
5 3 9 ..
U t i c a , N . Y .............. 4
6 , 2 3 1 0 1 -4 1
190 0 1905
5 4 0 ..
W a l li n g f o r d , C o n n ..... 3*8
4 5 . 0 0 0 1 0 3 -1 7 9
1919
5 4 o . .W a ll i n K f o ’ d ( C o n n .) S c h .
D is r i o t .............................. 3*3
3 5 . 0 0 0 1 0 1 -5 8
1 9 0 1 -1 9 1 9
4 9 2 . . W a y n e C o ., O h io .............. 5
3 .0 0 0 1 0 4 1 8 B
1900 1904
4 4 3 ..
W e e b a w k e n (N . J .) S c h .
D is t r ic t .............................. 4
1914
1 5 .0 0 0 1 0 6 -5 9
4 4 3 . . W e l ls v i ll e , O h i o ............... 4
1 2 .0 0 0 1 0 3 -4 5
1 9 .9 -1 9 1 4
^ 3 8 . . W i ll ia m s C o ., N . D a k . . . 6
A p r. 1, 1 9 1 9
1 0 .0 0 0 1 0 4
5 8 5 ..
W i n c h e s t e r , M a s s ....... 4
1 2 5 0 0 1 1 5 -4 5
1928
4 9 2 ..
W in d s o r , N. Y ....... 3*8
2 0 .0 0 0 1 0 3 -5 0
5 8 5 ..
W o o n s o c k e t , R . 1. 4
A p r. 1, 1 9 1 9
1 5 0 .0 0 0 1 1 1 -2 8
5 4 0 ..
W o rcester, M a ss. 4
1 0 0 .0 0 0 1 0 3 -5 8
1909
6 8 7 ..
W o r t h in g t o n ( M i n n . )
S c h o o l D is t r i c t N o . 5 . 4
3 3 .0 0 0 1 0 2
1909
6 3 8 ..
Y o n k e r s , N. Y ....... 4
1 4 .9 0 0 1 1 4 -6 5
1917& 1926
6 3 8 ..
Y o n k e r s , N . Y ....... 4
F e b . 1, 1 9 0 2
1 0 .0 0 0 1 0 2 -0 7
4 9 2 . Z a n e s v il le , O h i o ............... 5
1 7 ,4 0 0 1 0 4 -4 0
1 9 0 0 -1 9 0 4

50
55
325

79
905
34

.

-

glance at the appended table of municipal bond
sales for the month of March will reveal the same
conditions that have been prevalent for months pasl,
namely, high prices and a small supply. Reports
show that the market has not been for years so bare
of desirable municipal securities as it is at present, and
it is therefore not surprising that such high prices
as now offered should prevail. A significant fact,
very noticeable at present, is the absence from the
list of bidders (except in rare eases) of those bond
houses which a year ago were represented at every
important sale. The reason given for this is that the
high prices which investors are compelled to bid, in
order to obtain bonds, leaves such a small margin of
profit that many have abandoned the municipal field
for the present, and have turned their attention to­
wards the railroad market (particularly street railways),
which offers greater opportunities.
The total of sales recorded during March was $5,507,311, not including §1,276,345 of temporary loans
reported. This may be compared with 87,038,318 for
February 1899 and 86,309,351 for March 1898.
The number of municipalities issuing bonds was
100 (emitting 111 separate issues), as against 113 and
128 for February and 117 and 140 for March 1898.
The principal sales of the month were as follows:
8231.000 4 percen t 15-30-year (optional) refunding
bonds of Atchison County, Kan., awarded to Mason,
Lewis & Co., Chicago, at par; Luzerne County (Pa )
Central Poor District, 8200,000 3£ per cent 4-23-year
(serial) gold building bonds, awarded to the Lamprecht Bros. Co., Cleveland, at 102-311; Lyon County,
Kan., 8167,000 4£ per cent 10 20-year (optional) and
825.000 4 per cent 5-20 year (optional) refunding
bonds, awarded to Spitzer & Co., Toledo, at 101-488;
Columbia, Pa., 8L70,000 3£ per cent 10-30 year bonds
awarded to Sailer & Stevenson, Philadelphia, at
T o t a l (8 0 m u n ic ip a lit ie s , c o v e r in g
91
102-79; Woonsocket, R. I., $150,000 4 per cent 20-year
s e p a r a t e i s s u e s ) ....................................................... $ 4 , 4 7 0 ,3 3 1
A g g r e g a t e o f s a le s f o r w h ic h n o p r i c e h a s
gold refunding bonds, awarded to the Third National
b e e n r e p o r t e d (2 0 m u n i c i p a l i t i e s , c o v e r i n g
2 0 s e p a r a t e i s s u e s ) ...................................................
1 , 0 3 6 ,9 8 0
Bank, Boston, at 111-28, and $265,000 4£ per cent
bonds of Morgan County, Ala., awarded at 100 80 to _____ T o t a l b o n d s a l e s f o r M a r c h 1 8 9 9 ................♦ $ 5 ,5 0 7 ,3 1 1
* A v e r a g e o f d a t e s o f m a t u r it y , t S u b j e c t t o c a l l i n a n d a f t e r t h e
Denison, Prior & Co., Cleveland.
e a r l i e r y e a r a n d m a t u r e i n t h e l a t e r y e a r . | N o t i n c l u d i n g $ 1 ,2 7 6 , 3 4 5
o f t e m p o r a r y l o a n s r e p o r t e d a n d w h io li d o n o t b e l o n g i n t h e l i s t
In the following table we give the prices which were T i s s u e d t o c o n t r a c t o r s in p a y m e n t f o r w o r k d o n e . § L e s s a c o m m i s s i o n
paid for March loans to the amount of $4,470,331,
In the C h r o n icle of March 4 1899, page 438, a
issued by 80 municipalities. The aggregate of sales list of February bond sales amounting to $6,977,906,
for which no price has been reported is $1,036,980, and will be found. Since the publication of that state­
the total bond sales for the month $5,507,311. In ment we have received the following additional report*.
_

864

.

A

37

006

THE CHRONICLE,

ArRiL 8, 189»>.j
a d d it io n a l

P a ge.
4 8 8 ..

F e b r u a r y Bo n d Sa l e s .

L o c a tio n .
R a te .
C l a y t o n , N.Y.< 2 I s s u e s ).

4 4 1 .. 1 0 .a Falls, I o w a ----- 4 ^
4 9 2 .. Weatboro, M a s s ....----- 4

M a t u r it y ,
1904 1929
1901 1909
1925

T o t a l a d d it io n a l s a le s f o r F e b r u a r y . . . —

A m o u n t. P r ic e.
5 1 ,4 1 2 1 0 0
5 , 0 ‘D 103*78
4 ,0 0 0 1 1 4 50
{ $ 6 0 ,4 1 2

These additional loans will make the total sales
(not including temporary loans) as reported for Feb­
ruary 1899 amount to $7,038,318.
California.— Bond Bid Unsignei.— The Governor has an­
nounced that he will not sign any bills other than those which
have already received his official sanction. Among the many
bills killed by this method, according to the S in Francisco
‘'Chronicle,” is Senate bill No. 51. providing for the issu­
ance of $1,000,000 bonds for the extension of the San Francisco
sea wall.
Colorado.— Bond Bill Patted.—The Legislature has passed
a bill authorizing the issuance of bonds for public improve­
ments in citiee of less than 100,000 inhabitants.
The bills
authorizing counties and school districts to refund their
bonded indebtedness have also passed.
Greeley County. Col.—Bond Litigation.—A suit has been
instituted in the District Court of Weld County to prevent
the city officials from delivering to the purchasers the $65,000 refunding water bonds recently sold to Trowbridge, MaoDonold & Niver Co. of Chicago. The ground for the com­
plaint was that the bonds were invalid because, first, the
question of refunding the issue was not voted upon; second,
that the bonds were made payable in gold, “ thus discrimi­
nating against other lawful money of the United States:”
third, that the bonds were made payable outside of the
State only and are to be delivered to banks outside of the
State; fourth, that twenty-five thousand dollars of the
bonds are absolutely payable in 15 years and $40,000 in 80
year*, thus making two series oat of one issue, and finally,
as to optional redemption, the bonds are divided practically
into)20 series, refundable at times varying between 5 and 25
years. A temporary injunction ha* been granted.
Kittitas County, Wash.— Litigation.—The following letter
was recently received from the Prosecuting Attorney of
Kittitas County, C, R. Hovey, relative to the attachment
made by Frank M. Van Horn on $4,000 deposited by the
Commissioners in the Chemical National Bank, New York
City, for the payment of interest due by the county. Mr. Ho­
vey writes as follows:
Yf/ttm la the can* o f V an H >rn v«- K U tlt** C o u n t ? if r*o*lir»»-l.
T t> «fa n 4 » in tb o Cfc*ai c*i lU nk were piActst th e r * 5 ? ta«* co u n ty t o m eet
paym ent o n
lmuo o f co u n ty fe.nuw o f | 7 «,0 w
in I8B5L T h e •nil

Li cl*lm e4 o y tb e plaintiff fo r OAtnatfo* b*caaae o f bln fa llo r r t o ob ta in a

U aae o f bon d s ro*4e In UW am ou n tin g t o #1 iSI.MdO sold t o H arrl* k Co. In the
S*
year l^O* K ittita s C ou n ty bad outstanding a o o u t l « 1.000 In principal o f w arrants w ith interest w hich sm o u n p vi by t b s f a l l o f !•*$& to I3U.OOO m ore. In th e
•prlxur o f
b o o o » were offered fo r th e principal and F«r«OD, L each k Co.
w ere t b c highest bidder*. On a te st ca«e tt wa* d eterm in ed b j tn e Suprem o
C ou rt that the Intern* a# well a* th e principal bad been validated in the pro­
ceed in g* had prior to th e first offer o f sale and It th e r e fo r e becam e n ecessa ry
to offer bonds fo r th e w h ole a m o o n t. A t the se c o n d «afe F a rson . L each A Co.
w ere n ot th e h ighest bidders and did n o t g e t th e bond s.
T h e cotin iy ha* several d efe n ce * to the a ctio n bu t a t lh e presen t Utne we
e x p e c t t o get th e m on ey, w hich th e y h a r e attem pted lo atta ch , relea sed, w hich
w ill p a t an end t o th e a ctio n In New York.
T h e co u n ty na* n o outstanding w arrant Indebtedness, pays cash fo r e r e r r
th in r. and la am ply g*>»d to r an y j u d g m e n t Van H orn c o u ld o b ta in , e n d la w ill­
ing t o teat It J1 brought in the proper ju risd ictio n .
*
*
*
*
*
*
W « e x p e c t th e r o o o e r to b e released shortly.
M e*«rs, R oosev elt A K o b b e . $4 W all Street, h ave ch arge o f th e c o u n ty 's In­
terests.

Missouri.—Legal Rate of Interest.—The House of the
State Legislature ha* passed a bill reducing the contract
rate of interest on loans from 8 to 7J.
Nebraska.— Legislature Adjourns.—The StateJ Legislative
session tor 1899 ceased to exist on April 2, 1899.
New York City.— Mayor Vetoes Hempstead Bill.—As
stated in the Chbosict-e March 25, 1899, the State Legisla
tuie recently pawed a bill providing that certain territory
be taken fri m the City of New York and annexed to the town
of Hempstead in Nassau County. Under the city charter the
bill was referred to the Mayor’ who has sent it back to the
Assembly with his official disapproval. The Mayor’s reasons
for the veto are, first, that that section of the town of Hemp
stead now included in the City of New York was annexed
with the approval of the voters of that section, which action
was confirmed by the Legislature of 1896 and again in the
city charter adopted in 1897. A further objection as given
by the Mayor was that by the existing charter the City of
New York assumed all the indebtedness of the territory
united into one municipality by consolidation.
The bill
takes away a portion of the territory from the city, hut
leaves the city liable for indebtedness for improvements
made upon the land thus removed from its limits. The con
tract entered into by the City of New York upon consolida­
tion constitutes a vested right, which this bill impairs and
affects to the injury and disadvantage of the city.
Near York .State.— "Manhattan Elevated' a Railroad.—
The Attorney-General recently decided that the Manhattan
Elevated Railway Co. is a “railroad" and not a “ street r a il
road" corporation. This decision, under the provisions of
Paragraph 8, Section 110 of the Banking Law, would (all
the other requirements of the law being met), make the
bonds of the above company a legal investment for savings
banks.
Interest Bill Defeated —On April 4,1899.the Assembly of the
State Legislature, by a vote of 64 yeas to 65 nays, defeated
the Miles Mil proposing to reduce the legal rate of interest
in the State to 5*.

6«3

Per y County, 111.— Report on Bond Litigation.— On
March 10, 1899, John Boyd, counsel for the county, made a
lengtbv report to the Board of Couuty Commissioners, re­
counting the series of litigations over the county’s bonds,
covering a period of twelve years. The bonds in question were
for $100,000, issued in aid of the Chester &Tamaroi Railroad
and $100,000 in aid of the B. & S. I. Railroad. The suits to
test the legality of the bonds were carried through the lower
courts and finally taken to the United States Supreme
Court, which on March 4, 1895, handed down a decision de­
claring the B, & S. I. bonds illegal (thus affirming a decision
of the United States Circuit Court) but reversed the decision
of the lower court in the case of the C. & T. bonds, and de­
clared that they were a binding obligation of the county.
This latter ruling of the U. S. Supreme Court was based
upon the finding of record by the Countv Board at the time
of issuing the bonds, in which the Board declared that the
Chester & Tamaroa Coal & Railroad Co. had complied with
all the conditions imposed npon it, and that the county
judge had been authorized by the Board, to certifiy under
oath, that all conditions of the order submitting the propo­
sition to a vote had been complied with.
An attempt has been made by the county to compromise
this last (or legal) issue on the basis of paying the face of
the bonds, the bondholders to deduct or knock off the un­
paid accrued interest but without success.
Terms.—Bond .Flection Bill Pissed by Senate.—The State
Senate has passed a bill requiring counties and cities to sub­
mit propositions for the issuance of bonds to a vote of the
qualified taxpayers. The bill also provides that the propo­
sition so submitted shall distinctly specify the purpose for
which bonds are to be issued, the amount thereof, the time
in which they are payable and the rate of interest.
Legal Rate o f Interest.—The State Senate has passed a bill
prohibiting any person from charging or taking from an­
other any rate of interest greater than 10;1 per annum.

Bond Calls and Redemptions.
Bangor, Mv.—Reduction in Debt.— On April 1, 1899, $935,C00 bonds issued by the city of Bangor, in aid of the Btngor
& Piscataquis Railroad, matured. These bonds were secured
by an equal amount of bonds issued by the railroad company
and held by the city as collateral. On April 1, 1899, the rail­
road bonds were taken up by the Bangor & Aroostook Rail­
road Co. (which secured control of the Bangor & Piscataquis
in 1892) and the city was thus enabled to redeem its bonds
maturing on that date.
Dallas County, Texas.— Bond Call.— The County has
called for payment $ 12,000 jail bonds and $ 8,000 court house
bonds.
Darenport, Iowa.—Bond Call.—This city called for pay­
ment on March 31, 1899, on and after which date all interest
ceased, street improvement bonds Series of 1893, Nos. 348 to
853; Series of 1894, Nos. 436 to 439, and Series of 1895, Nos.
470to 478, all inclusive. Also sewer bonds. Series of 1898,
Nos. 286, 257, 400 and 409 to 418. inclusive.
Greene ConutT, Mo.— Bond Call.—County Treasurer Herscbel Ingram calls for payment on May 1 , 1899, at the Mer­
chants' Laclede National Bank, St. Louis, $80,000 6% 10-20year funding bonds, dated August 1, 1887. AU interest will
cease after April 30, 1899 Bonds are numbered from 58
tb 61, inclusive, and 80 to 105, inclusive.
Kenosha, YVls.— Bond Call.—' his city calls for payment
T
on July 1, 1899, after which date all interest will cease, all
bonds outstanding against said city on that date. These
bonds are known as readjustment bonds, and all bear
date of Oct. 15, 1884, and carry 5i interest. Bonds will be
payable ,lt the First National Bank, Milwaukee; the First
Nation#1 Bank, Kenosha, or at office of the City Treasurer.
North Dakota.— Bond Call.—State Treasurer D. W . Dris­
coll calls for payment on May 3,1899, after which date all
interest will cease, $22,700 State University bonds, dated
Mav 1, 1889.
Warren County, Ky.— Bond Call.—This county called for
payment on April 1, 1899. after which date all interest
ceased, one hundred 5i bends in denomination of $100 each,
and one hundred 6% bonds in denomination of $500 each. Se­
curities are to be presented to J. E. Potter, County Commis­
sioner, at the bank of P. J. Potter's Sons, Bowling Green, Ky.

Bond Proposals and Negotiations this
week have been as follows :
Adams County, (W ash.) School District No. 28.—Bond
Sale.—The State Land Commission has purchased six $100
bonds of this district.
Akron (Iow a) Independent School District.—BondOffering.— Proposals will be received at any time within the next
60 days for $5,500 refunding school bonds. Securities will be
in denomination of $ 1,000 each. Interest to be named by the
purchaser (about 4jf) will be payable in New York or Chicago
exchange, and the x>rincipal will mature in about ten years,
subject, to call after five years.
Andover, Mass.—Bona Offering.—Proposals will be re­
ceived until 7:30 F. m. April 13, 1899, by George A. Parker,
Treasurer, for $25,000 S)ki sewer bonds. Securities are in
denomination of $1,000, dated April 1 , 1899.
Interest will
b# payable April 1 and October 1 at the National Bank of the
Commonwealth. Boston. Principal will mature April 1,

THE CHRONICLE.

684

1904. Bonds are issued under authority of Chapter 886,
Acts of 1895, and were voted at the town meeting held March
6 , 1899.
.
,
Augusta, Ga.— Bonds Authorized.—The City Council has
authorized the issuance of $48,000 bonds to refund those ma­
turing June 1, 1899.
Uainbrldge (Town) N. ¥.—Bonds Voted.—On March 28,
1899, by a vote of 234 to 60, this town authorized the issu
ance of $15,000 bridge bonds. Details of the issue are not
yet determined upon.
Baird, Texas.—Bonds Approved.—The Attorney-General
has approved an issue of water-works bonds.
Battle Creek, Mich.—Bonds Voted.—At the election held
on April 8,1899, the issuance of $10,000 paving bonds was
authorized.
Bolding, Mich*.—No Bonds Voted.—It has been reported
that this place had voted to issue $ 20,000 water and electriclight bonds. W e are informed officially that the report is
incorrect, and that no bonds of any kind will be issued.
Bellefontaiue, Ohio.—Bond Sale.—On April 4, 1899, the
$2,729 10 Main Street, $3,983 30 South Main Street and
$1,742 60 Court Avenue
1-10-year improvement bonds
were awarded to Seasongood & Mayer, Cincinnati, at 110-66.
Following are the bids:
Seasoncood A Mayer, Cincin..$9,856 38 ILamprecbt Bros. Co., Cleve.. 19,387 82
Brick's. Todd A Co.. Cincfn.... 9,160 15 |Denison, Prior & Co., Cleve ... 9,177 50
Feder. Holzinan A Co.. Cin__ 9,325 00 New 1st Nat. Bk.f Columbus.. 9,152 50
\V .1 Haves A Sons. Cleve— 9.311 00 I
. .
For full description of bonds see C h r o n i c l e March 11,

1899, p. 488.
Bonds Defeated— At the April election (April 3) the prop­
ositions to ,issue $10,000 fire department and $20,000 sewer
bonds failed to carry.
Bellevne, Pa.—No Bonds to be Issued.—W e learnfrom the
Secretary of the Conncil that our report last week, that the
question of issuing street-improvement bonds was being
considered, was incorrect, as the Conncil has no such inten­
tion so far as he knows. Therefore there will be no election
called for the purpose of submitting the question to the
voters, as intimated in some of the papers.
Berea, Ohio.—Bonds Voted.— On April 3, 1899, by a vote
of 361 to 111, the taxpayers of this village expressed them­
selves in favor of issuing S12.000 electric-light plant bonds.
Interest at the rate of 4g will be payable at the Bank of
Berea. Details of the issue are not yet determined upon.
Blooming Prairie, Minn.—Bonds Voted.—On April 4,
1899, by a vote of 136 to 74, this village authorized the is­
suance of $3,000 5%water-works bonds.
Blue Earth City (M inn.) School District.—Bored Sale.—
This district recently sold to the State of Minnesota $8,000
school bonds.
Bogota School D istrict,; Bergen County, N. J.—Bond
Offering.—Proposals will be received until 5:30 P . m , April
13, 1899, by the Board of Education for $7,000 5% gold
coupon bonds. Securities will be in denomination of $500.
Principal will mature $500 yearly from 1909 to 1923, inclu­
sive. Proposals must be addressed to the Finance Com­
mittee of the Board of Education, care of Thomas C. Hanna,
District Clerk.
The official notice o f this bond offering will be found among
the advertisements elsewhere in this Department.
Bolivar, Tenn.—Bonds Pi-oposed. —A bill now before the
State Legislature provides for the issuance of bonds for
school purposes.
Boulder (Colo.) School District No. 3.— Bond Election.—
On May 1, 1899, an election will be held to vote on the ques­
tion of issuing $14,000 bonds for building and furnishing a
school house. If the vote is favorable the bonds will prob­
ably carry 5jt interest, payable semi-annually at Boulder and
will run 15 years, subject to call after 5 years. Bids will be
received at any time after the election and the award will
be made not earlier than May 15 and not later than June
3d, 1899.
Bristol,Tenu.—Some Details of Bonds Authorized.—W e are
advised that the $170,000 funding bonds recently authorized
by the State Legislature will bear 4% interest, payable at
Bristol. Date of sale has not yet been determined upon, but
will be some time this spring,
Buffalo, N. Y.-Bored Sale.— On April 3, 1899, the $18,703 45 3%% grade crossing bonds were awarded to Erie
County Savings Bank, Buffalo, at 107-49; the $100,000 3%%
consolidated school loan bonds to Joseph E. Gavin, Buffalo,
at 104 54, and the $100,000 3%% water refunding bonds to
Buffalo Commercial Bank, Buffalo, at 104-77. Following
are the bids,
Grade Crossing
Bonds.

School

Water

Bonds.
.....
Erie County Savings Bank, Buffalo.......... 107*49
104*40
104*49
Joseph K Gavin, Buffalo......................... 107*345
.
---- 107*8-45
104*54
104*005
Buffalo Commercial Bank, Buffalo....................
104*77
J. C. Kulder, Boston................................ 107*31
.....
104*40
104*55
Buffalo Savings Bank, Buffalo.................. If 6*75
..... lfG*75
104*10
E H. Gay &Co.. New York..........
103*02
103*62
.... 100*2929
It. lvleybolte &Co., Cincinnati................. 100*2
1 3*777
<
103*777
.... 100*27
1 . O McNair, Buffalo.............................. 100*2.
5 .
103*58
103*77
N. W. Harris A Co., New York................. 105*94
103*571
lo a -s u
Bertron * Storrs, New York.................... 105*79:
.... 105*797
103*595
103*595
....
W. J. Hayes A Sons. Cleveland................ 105*67
103*67
103*77
Farson. Leacli &Co., New York............... 105*38
....
103*347
103*347
E. H. Rollins & Sons, Boston......
lc3*577
1
0-4*577
Parkinson A Burr. Boston .......
103*51
103*61
Street. Wykes &Co., New York...
103*13
103*13
Syracuso Savings Bank. Syracuse.
102*65
102*55
Bines A Cummings. Boston........
102*49
103*09
Th - grade-crossiog bonds will mature March 1, 1919, the
school loan bonds $5,000 yearly on March 1 from 1900 to

[V ol . L X VIII.

1919, inclusive, and the water bonds $5,000 yearly on April
26 from 1900 to 1919, inclusive. For further description of
all these securities see C h r o n i c l e March 25, 1899, p. 582.
Bonds Proposed.—The Common Conncil has approved a
bill for presentation in the State Legislature autnorizing
the issuance of $550,000 % <{, 1-20-year bonds for the purpose
%
of abating all nuisance existing iu the Main and Hamburg
Canal.
Camden, N. J.—Bond Sale.—On April 6, 1899, $50,000 4%
paving bonds were awarded to the Lamprecht Bros. Co.,
Cleveland, at 115-94. Following are the bids received :
Lamprecht Bros. Co., Cleve.... llo’94 Edw. C. Jones & Co., New York.U5*09
K Kleybolte A Co., Phila........H5*7i W. J. Hayes A Sons, Cleveland.114*975
.
N. W. Harris & Co.. New York..115*67 Allen, Sand A Co., New York__114*90
.
Bertron & Storrs, New York— llr>*51 Farson, Leach & Co., N Y........113*396
Dick Bros. &Co., Philadelphia. 116*49 Camden Sale Dep. A Tr. Co......106*75
Bonds are in denomination of $l,Ou0, dated May 1, 1899.
Interest will be payable May 1 and November 1, and the
principal will mature May 1, 1929.
Campbell County, Tenn.—Bonds Proposed.—A bill has
been introduced in the State Legislature authorizing the is­
suance of $100,000 road and bridge bonds.
Canby, Yellow Medicine County, Minn.— Bond Offering.—
Proposals will be received until 8 p. m. April 19, 1899, by
Oscar C. Olsen, Village Recorder, for $lz,000 5% gold water­
works bonds. Securities are iu denomination of $500, dated
May 1, 1899. Interest will be payable semi-annually at the
First National Bank, Chicago, with exchange on New York.
Principal will mature May 1, 1914. Successful bidder must
furnish blank bonds. A certified check for $1,000, payable
to John Swenson, Village Treasurer, must accompany pro­
posals.
Canton, Fulton County, 111.— Bond Offering.— Proposals
will be received until 11 a . m . April 10, 1899, by Eugene
Whiting, City Clerk, for $15,000 4%% and $20,000 5% funding
bonds. Securities will be in denomination of $1,000; inter­
est will be payable at the office of the City Treasurer. Prin­
cipal will mature April 10, 1919, subject to call after April
10. 1909.
Carrollton, M o.—Bored Offering.— Proposals will he re­
ceived until 12 M, April 25, i899, for the $50,000 4% sewer
and paving bonds which were voted Oat. 25, 1893. Securi­
ties will be iu denomination of $500, dated Feb. 1, 1899; in­
terest will be payable semi-annually at the office of the Town
Treasurer. Principal will mature $2,500 yearly on February
1 from 1900 to 1919, inclusive. Bonds are issued pursuant to
Laws of 1897, p. 49. Proposals must be accompanied by a cer­
tified check for $500, payable to the order of the Town Treas­
urer. Estimated valuation of real and personal town prop­
erty is $5,000,000. Total debt, including this issue, $55,000.
Carson City (Mich.) School District.— Bond Offering.—
Proposals will be received until 3 P . M, April 15, 1899, for
$10,000 refunding school bonds. Securities will beiu denomi­
(to be named by
nation of $1,000; interest not to exceed 4
the purchaser) will be payable at Carson City.
Clianute, Kan.— Details o f Bonds Authorized.—W e are
advised that the $5,000 coupon gas plant bonds voted on Feb.
14, 1899, will bear interest not exceeding 6%, which will be
payable February 1 and August 1 at the Fiscal Agency of
the State of Kansas in New York City. Securities will be in
denomination of $200, dated April 15, 1899, and will run for
a period not exceeding 20 years. Bids may be addressed to
P. Hunt, City Clerk.
Chelsea, Mass.—Bonds Proposed.— W e are advised that an
order authorizing the issuance of $40,000 4% coupon park
bonds has had its first reading in the Conncil. If the bonds
are issued they will be in denomination of $1,000; interest
will be payable in April and October at the office of the City
Treasurer, and the principal will mature Oct. 1, 1936.
Chicopee, Mass.— Temporary Loan. —This city recently
negotiated a loan of $15,000 at 4%. Loan was made in an­
ticipation of the collection of taxes.
Cincinnati, Ohio.— Park Purchase Authorized.—At the
spring election April 3, 1899, this city, by a vote of 26,180 to
11,320, authorized the “ purchase and appropriation of the
Zaoloogical Garden for park purposes.” Bonds will be
issued.
Clay County, Texas. —Bond Sale.—This county recently
sold at par to J. B. Oldham, Dallas, $34,000 5% 10-40-year
refunding court-house and bridge bonds.
Securities are
dated March 10, 1899.
Cleveland, Ohio.—Bond Sale.— On April 5, 1899, the $500,000 4% park bonds were awarded to Denison, Prior & Co.,
Cleveland, at 117-735. Principal matures $250,000 on Oct.
1, 1929, and $250,000 Oct. 1, 1931, For description of bonds
see C h r o n i c l e March 11, 1899, p. 488.
Concord, N. H.—Loan Negotiated.— The city has borrowed
$20,000 (of the $50,000 recently authorized to be borrowed
in anticipation of taxes) at 3$ for eight months.
Corry, Pa.—Bond Sale— On March 25, 1899, Mayor Na­
thaniel .stone approved the ordinance authorizing the issu­
ance of $100,300 4% refunding coupon bonds, which bonds
have since been taken by local parties who agreed to pay the
State tax. These securities will be in denomination of
$1,000, $500, $100 and $50, such as the Finance Committee
shall direct. Interest will be payable semi-annually at the
City Treasurer’s office, and the principal will mature May 1,
1929, subject to call after May 1. 1904. In the Chronicle of
January 28 we reported that $80,000 of these bonds had been
sold to Farson, Leach & Co. at par for a 3%% bond, the
ity to pay the State tax. Mayor Stone writes us that “ the at­
torney for the New York firm wasjso changeable and techni­
cal in regard to the legality of our bonds that the City Conn-

A pril 8, 1899.j

THE CHRONICLE.

cils were out of patience and concluded to accept the offer
for the 4% bond, which, considering the State tax clause, is
within one tenth of 1# of the New York firm’s offer, and
leaves principal and interest payable in Corry.”
Cranston, R. I.—Bonds Proposed.— At the annual town
meeting the question of applying to the State Legislature for
authority to issue $-50,000 3>£s 10-year gold school house and
bridge bonds will be voted upon.
Delaware City, Del.— Bond Sale.—On March 1, 1899, $22,000 4jt 15-30-y ear (optional) refunding bonds were awarded
to H. L. Evans & Co., Wilmington, at 102.
These bODds
are dated March 1, lt99, and represent the entire debt of the
city.
Derby, Conn.—Ronds Authorized by Senate.— The State
Senate has passed a resolution, providing for the issuance of
$30,000 m $ 1-15-year (optional) sewer bonds.
Easton, Conn.— Bond Offering.— Proposals will be received
until April IT, 189 *, by the Town Selectmen for $25,C O 3ly<
O
bonds, issued for the purpose of paying off all outstanding
indebtedness of the town. Interest will be payable semi­
annually and the principal will mature in 20, 30 and 40 years
from date of issue.
Eden, Me.— Bond Sale.—On March 30, 1899, $40,000 4i
funding bonds were awarded to Denison, Prior & Co., Cleve­
land, at 197-76, according to reports.
Elizabeth City, X. C.—Btmd Election.— On May 8, 1899,
the question of issuing $30,000 bonds for general improve­
ments will be voted upon.
Elkhart Lake, W'is.—Bond Sale.—On March 15, 1899. the
$5,000 T water-works bonds were awarded to W . J. Hayes
y{
& Sons. Cleveland, at 102*54. Bonds mature $5(0 yearly.
Elk Point, S. Dak.—B on d s Voted.—On April 3, 1899. $12,0(0 5% 5-15-year water bonds were authorized by a vote of
169 to 79.
Everett, Mass,—Bonds Proposed.—The House of the State
Legislature is considering a bill providing for the issuance
of $10,000 5% 85-year school bond*.
Franklin, N. H.—Bond* Authorized. —The City Council
has authorized the issuance of $40 ,000 refunding bonds.
Fremont, Ohio.—bonds Defeated. —At ike election held
April 3, 1899, the question of issnir g $10,000 fire bonds was
defeated.
Gardner, Mass.— rVofe Sale.—On April 4, 1899, the $60,000
notes in anticipation of taxes were awarded to Roger*,
Newman & Tolman, Boston, at a rate a fraction below $jf.
Other bidden were as followsW (> Gar J C (9$ prom -. ..3*
„ ,
t o.
.i..
j BSudan,
A Co., Bo*too. -. .3 3
*1 :9
J a j. P«rker A Co. {|3ptum.). ..*i
oM
{W
ore**t**rCo. fnctttut« for *>
»r
V M far rial n I B n l n i f I l&$i, WoroMUr .
r— ntnu
ir
.......... 3*i&
f
G a m in , Tama County, Iona. Bonus Proposed.— This
city baa under consideration the issuance of $4,00) water
bonds. An election will probably be held within a few
weeks to vote upon the proposition.
Glendale, Ohio.— Bonds Voted.— At the spring election
April 3,1899, the issuance of $25,000 school bonds was author­
ized.
Gowanda (Jf. T.) School District.— Monti Election.—A ten
election to be held to-day (April 8, 1899), this district will
vote upon the question of issuing $10,000 bonds for tbe pur­
pose ox building an addition to the present school house.
Grrenport, MifTnIk County, X, V.— Borut Offering.—Pro
poeals will be received until l i\ m. April 17, 1899. by G, H.
Corwin, Jr., Yiilsge Clerk, for $5,000 electric light plant
bonds in denomination of $850 eacn and $22,0! 0 water bonds
in denomination of f 1.04.0 each. Bonds will bear date of May
1, 1899. Interest tto be name , oy the purchaser) will be at
not more tbsn 3*£S. payable annually at a national bank to
be designated in the bonds The electric light boDds will
mature 82'o yearly on Mar l from 1904 to 1923, inclusive,
and the water bonds will 'mature $1.0(0 yearly on May 1
(roin 1902 to 1923, inclusive. Bonds are authorized oy a
resolution or tbe Yiilsge Trustees passed .March 1, 1899 and
a vote of tbe people at the election held March 21, 1809.
Proposal* must be accompanied by a certified check for $560
made payable to the Village Treasurer.
Greenaberg. Fa.—Hand Ojfenrig. Proposals will be re­
ceived until 3 i*,m .A pril 10,1899, by Ira C. Snyder,Town Clerk,
for $32,000
refunding bonds, Se'-ntities are in denomina­
tion of $1,000, dated April 1, 1899. Interest will be payable
April 1 and October 1 and tbe principal will mature April 1,
1929, subject to call after April 1. 1919. A c i t i f i e d check
for $3u0 wilt be required with each bid, The total bonded
debt > $80,500 and the floating debt $ 12,781. Tbe assessed
s
valuation Is $4,363,030 and the population about 7,500.
Gntlenberg (Town). Hod son County, N. J .— Bn„d Of eriny - Proposals are asked until 8 r. v to day (April 8. 1899),
t
by the Board of Councilman. Herman Walker, Chairman,
for $25.0*J 5j school bonds, heenrities will be in denomina
O
Von of $500. Principal will mature $1,000 yearly on May 1
from I9>2 to !i»26, inclusive. Bonds are issued pursuant to
«o Act of the State Legislature approved June 14. 1898.
Prop, nals most be accompanied by a deposit of 3< of the
amount bid for.
Hull f annty, Terns.— Bond:Sates —Tbe Permanent School
Fund of Cooke County has purchased at 102 $10,1100 54 re
funding bonds, payable m demand after ten years, and a
$o (J fV bond of Hall Count v. Tbe refunding bonds are
r
Issued in p'uce of an jo ii" of 0? bond* owned by the Perm i
o, nt School Fntd of C* oke ( ounty.
Hamilton < tuinty ( P, O. Cincinnati), Ohio,—Bond Offerf ’;1
?,.— Proposals will be received unfii T2 m. May 0, 1899. by
tbe .County Commissioners, .George C. Zimmerman Clerk,

685

for $14,000 b% bridge bonds. Securities are authorized by au
Act of the General Assembly passed April 19, 1894, and by a
resolution of the Board of County Commissioners passed
March 25.1899. Bonds are in denomination of $100, dated
May 6, 1899. Interest will be payable semi-annually at the
office of the County Treasurer. Principal will mature May
6. 1900. A certified check for $100, payable to Tilden R.
French, Connty Treasurer, must accompany proposals.
Homestead (P a.) School District.— Bond Offering.—Propoaals will be received until 5 P. m . April 15, 1899, by this
district, J. H. Williams, Secretary, for $35,000 47 coupon
school bonds. Securities will be in denomination of $1,000,
dated May 1,1899: interest will be payable May 1 and Nov­
ember 1 at tbe office of tbe District Treasurer, and the prin­
cipal will mature May 1, 1919. HondB are free of tax. The
official notice refers for particulars regarding this issue to a
statement filed in the Court of Quarter Sessions, Allegheny
Connty, Pa., December session, 1»98.
Houghton, Mich.—Bonds Proposed.— A bill is before the
State Legislature authorizing this city to issue $60,000 water
bonds.
Houston, Texas.—Bond Sale.—On April 4. 1899, the $100,000 5% paving and sewer bonds were awarded to E. H Rol­
lins & Sons, Bostou, at 110*725. Bonds mature Jan 1, 1939.
For full descrintion of bonds see Chronicle March 25, 1899,
p. 583.
Huntington, X'. T,—Bonds Voted. — At the election held
April 4, l»99, the proposition to issue $60, 000 highway bonds
was favorably voted upon.
Jackson County, Ohio.— Bond Sale.—On April 1, 1899. the
$100,000 It turnpike bonds were awarded to the Commercial
Bank, Jackson, at 101*255. Following are the bids :
CuiumereUl Bunk.Jackson..... im-jss New l«t Nat. Hank. Columftns.. 100-327
J. W . J o n w , Gallipoli* ............... ................. ................. 101*025 W. J. Llajres A Sons. C
$ea*onK'K»l A Mayor. Cinetn .. K K I S , W . Harris A Co.., Chicajro__. 100-0 8 8
W ftn
L«m
j>rc h Bros. Co.. C uy*.
t
I
» first Nat. B
unk, Ctrclevlllo..... 100*00
K
iowb,
,VCo.. Cbtcago...l00*?$00 . Bri*$r». Todd A o*. <incln..... .100*00
Principal will mature $10,000 yearly oo April 1 from 1911
to 1920. {Delusive. For further description of bonds see
Chronicle March 4, 1899, p. 441.
Jay County ( P. O. Portland,), In d .— Bond Sale. — On
March 22. 18119. this connty sold $34,000
jail bonds to
Briggs. Todd & Co.. Cincinnati, at 100*50,
Other bidders
were W. J Hayes & Son-. Cleveland, who bid par for a 3££jf
bond, and Myers & Kizer, Indianapolis, who bid par for a
4}4S bond. Principal will mature in 19< 7.
Jefferson City ( Mo.)School District. -B on ds Defeated.—
At tee election held April 4. 1899, the question of issuing
$25,000 school bonds was defeated.
hm sett ( la.) School District, —Bond Offering.— Proposals
will lie received until 7:30 P. \t. April 10, 1899, by the School
Board, P. H. Gaarder, Secretary, for $4,500 41£j bonds. Se­
curities will b - in denomination of $500, dated" July t, 1899;
interest will be payable at Northern Trust Co.. Chicago.
Principal will mature $5(0 yearly on'January 1 from 1901
to 1909 inclusive. Bonds were authorized at the election
held on March 13. 1890. by a vote of 110 to 18.
Klrksville (Mo.) School District.— Bonds Voted— At
the election held April 4, 1899. the proposition to issue $35,09 i school bonds was favorably voted upon.
Kn x County, Tonn.~ Bond* Authorized.—On April 4,
1899, the County Court authorized tne issuance of $100,000
t ! funding "bonds.
La Crosse (W ig.)School District.— Bonds Proposed,—This
district bug under consideration tbe issuance of $15,000
school bonds.
W e are advifed that the issue is not yet
authorized.
Lawrence County (P. O. Deadwmtd 1 S. Dak,— Bond Offer­
.
ing.— Proposals will be received until May 1. 1.899, by W . A .
Zink, Connty Auditor, for the $149.0 0 5f refunding bonds
recently authorised by tbe County Commissioners.
Securi­
ties will lie in denomination of $1,000, dated July 1, 1899; in­
terest will he payable sett i annually in New York City,
Principal will mature July 1, 1919, subject to call after July
1, 1909.
Limestone County ( P. 0. Vtliens). Ala.—Bond Election.—
On Jolv 15. 1890. this connty will vote on the question of issuin gf 100,000 bonds for road purposes. Bonds if issned will run
for ;*0 years, and interest will not be over 5*. The County
Cl-rk writes us that he hardly thinks tbe proportion will
cam*.
Linton, Greene County, Ind.— Vo Election to be Held.—It
has been reported iu gome of the papers that an election
would be held in this place to vote on the question of iteming
water-work- and electric-light bonds. The City Clerk in­
form* ns that the report is incorrect; no such election will
be held.
Little Falls. Minn.— Bill Legalizing Bonds. —The senate
has paeetd a bill legalizing the issuance of electric light and
water-works bonds voted last October. The bonds were
advertised for sale on Dec. 16, 1898, but tbe sale was post­
poned pending tbe above legalizing action of the Legisla­
ture.
McKenzie, Ten n.—Bonds Proposed.— The issuance of $20,000 bonds for street improvements, electric lights an! water
works ig provided for in a bill recently introduced iu the
Shite Legislature.
Madisonville, Ohio.— ttonrls Defeated—At the election
held April 3, is99, the proposition to issue $3,500 fire depart­
ment o nds was defeated,
Marlborough, Mass.—Bond Sale, — On Apriljt, 1899, the
$20,000 4$ coupon notes were awarded to Blake Bros, & Co.,
Boston, at 104*27. Following are the bids :

686
Blake Bro*. k Co., Boston........ 104*27
Hiuea k Cummings, Boston..... 104*10
Jose, Parker J Co., Boston...... 104*17
k

THE CHRONICLE.
It, L. Day k Co., Boston.......... J08*78
A d am s k Co., B o s to n ....................103*60

h H. Hollins k Sons. Boston ..108*66
i.

. .
R ogers, No win an & Tolm an.Bos.l04*12 I K H Gay k Co.. Boston.......... 103*50
W , H olm an C a rv 'A C o .B o s t o n ...104*087 I P aralnson Jt Burr, B o s to n ........ 108*55
Perry, Coffin k Burr. Boston__103*99 B lo d se t. M erritt a Co., b o MOd 4 0 8 * m
Geo. A. Fernald k Co., Boston.. 103*01 ! N. VV. H arris k Co.. B o sto n ....... 108*43

Principal will mature $2,000 yearly on March 30 from 1900
to 1909, inclusive. For further description of securities see
C h r o n i c l e of last week, p. 636.
Marlins Ferry, Ohio.—Botds Voted.—At the spring elec­
tion April 3, 1899, the issuance of $35,000 water works im­
provement bonds and $3,500 fire department bonds was
authorized by a vote of 425 to 179 and 505 to 116, respectively.
Massachusetts.— Bonds Proposed.—Tne Senate Committee
on State House has reported a bill providing for the issuance
of $2,(.00,000 4i 40 year bonds for the purpose of purchasing
and demolishing buildings in the neighborhood of the State
House.
Media, Pa.—Bond Sale.—On Apr. 5,1899, the $100,000
bonds were awarded to Sailer & Stevenson, Philadelphia, at
104-79. Following bids were received :
K . K le y b o lt e A C o ., N e w Y o r k . . 101*52
S a ile r & S t e v e n s o n , Phila............104*79
E d w . C. J o n e s k C o .. P h ila ........104*777
W . J . H a v e s k S o n s. C le v e la n d . 104*21
D ic k B r o s. A C o .. P h ila d e lp h ia . 104*19
H o y l A M a jo r . P h ila d e lp h ia . ...104*070
L a m p r c c h t B r o s , k C o .. C l e v e .. 103*183

D r e x e f & C o ., P h il a d e lp h ia .......... 101*03
F id e li t y I n s . T r . & S. D . C o ........ 100*50
S. A . K e a n , C h ic a g o ......................... 99*00
H e y l & M a jo r (3*4% b o n d ) .............100*22

The average maturity is 2 1 years. Full description of
bonds was given in the C h r o n i c l e last week, p. 636.
Meudotn, 111.—.Bond Sale.—On April 3, 1899, this city sold
$9,1< 0 5f sewer bonds to N. W . Harris & Co., Chicago, at
>
107-929. Following are the bids:
N. W . H a r r is & C o., C h i c a g o .$10,785 00
W . J . H a y e s k S o n s, C l e v e . . . *10,825 00
S. A . K e a n . C h ic a g o ................... *10,741 50
S e a s in g o o d A M a y er, C ln c in . 10,554 50
F irst N a tio n a l B a n k .C h ic a g o . 10,475 00

I T r o w b r id g e , M a c D o n a ld &
} N iv e r C o ., C h i c a g o ................. $10,425 08
I G e r m a n ia B a n k , M e n d o t a ____ 10,405 00
I M a s o n . L e w i s A C o ., C h tc a g o . 10,205 0 ’>
l F ir s t N a t . B a n k , O tta w a , 111.. 10,100 00

* Bids net.
Millbank, S. Dak.—No Election to be Held.—As there was
some flaw found in the election proceedings which author­
ized the issuance of the $23,000 5# refunding bonds which
were sold on December 16, le98, to the Minnesota Loan &
Trust Co., Minneapolis, an election was called to be held
March 17th to legalize the issue. We are now advised that
the election was declared off as the 1899 Session Laws grant
cities power to refund without calling elections and the
Trust Company will keep the bonds.
Milwaukee, W is.— Temporary Loan.—On April 1, 1899, a
loan of $60,0( 0 was negotiated with local hanks at 4%
.
Moline (111.) School District.—Bond Election.—An elec­
tion will be held April 15, 1899, to vote on the question of
issuing $30,C O 4% bonds. Securities, if authorized, will be
O
dated July 1, 1899, and will mature $5,000 yearly on July 1
from 1914 to 1919, inclusive. W e are advised that if the re­
sult of the election is favorable to the issue, the bonds will be
sold at private sale as soon as arrangements can be made for
such a sale, but not later, however, than April 20, 1899.
Monroe, Midi.—Bonds Voted.—On April 4, 1899, this city
voted in favor of issuing $20,000 electric-light plant bonds.
Montgomery, Ala .— Bond Sale.— On April 3, 1899, the fol­
lowing bids were received for the $30,000 4%$ 30-year park
bonds.
Briegs.Todd * Co-Ctncln....... 107-22 I Devitt. Trimble s, Co.......
105 00
A.
—M. Baldwin..Montgomery....107-on |Parson. Leach & Co., N. Y.. '.'.i0 4 -0 i>
U l| U U l
Joslali ...... t ... V Co., iU U ,O J. ,.IV O i J. C. Haas
Morris &
Moutgom. .105-875
lOK-ls
in v in
B. D. B l o c h ............................................105-10

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

L
O

Bonds have not yet been awarded.
Montour Falls, N. T.—Bill Legalizing Bonds Signed.—The
Governor has signed a bill legalizing the special election held
last June authorizing the issuance of bonds for water works
Montpelier, y t . — tumd Sale.—The $40,000 3%5-20-year (op'tional) refunding bonds, have been awarded to the Na
tional Life Insurance Co. of Montpelier at par. Interest
will be payable semi-annually at Montpelier.
Morgan County, Ala.—Bond Sale—On March 27, 1899, the
$265,000 bonds were awarded to Denison, Prior & Co„ Cleve­
land, a,t 100-8018 for a 4%% bond Principal will mature
one-half in 30 years and one-half in 40 years, subject to call
after 20 years. For further description of bonds see C h r o n ­
i c l e March 25, 1899, p. 584.
Mount Healthy, Ohio.—Bonds Defeated.—By a vote of 80
to 91 the citizens of this place on April 3, 1899, defeated the
proposition to issue $2,000 fire department bonds.
Mount Vernon, N. Y.—Bond Sale.— On April 4, 1899 the
$30,t00 3l % sewerage loan bonds were awarded to Allen
A
Sands & Co., New York, at 106-469. Principal will mature
$10,000 on March 1 in the years 1922, 1923 and 1924 For de­
scription of bonds see C h r o n i c l e March 25, 1899 p . 584
Nashville (III.) School District.--B o n d Election'— On
April 15, 1899, the people of this district will vote on the
question of issuing $13,000 refunding school bonds.
Neosho, Mo.—Bond Sale.— On March 17, 1899, the $25 000
5* water bonds recently voted were sold to the Bank of
Neosho. Interest will be payable semi-annually at Neosho
and the principal will mature March 23, 1919, subject to call
“ “ i aUer March 23- l " 9- Bonds Will bear date of March
New Orleans, L a Proposals fo r L i q u i d a t i o n o f Claims —
Proposals are invited until April 11, 1899, by the Board'ef
Liquidation of the City Debt for the sale of claims evidenced
by financial ordinances and judgments against the citv for
debts incurred between 1879 and 1895, inclusive. These offers
to purchase claims are made every two or three months and
are all alike in detail to that given in the C h r o n i c l e Feb. 11
1899.

*

*

[▼OL. LXV III.

New Rochelle, N. T.— Bond Sale.—On April 5, 1899, $80,000 t onds were sold to W. J. Hayes & Sons, Cleveland, at
V 4-135 for a 'A% bond.
%
Norfolk, Conn.—Bonds Authorized by Legislature. —The
State Legislature has passed the bill authorizing the issuance
of sewer bonds.
North Bend, Dodge County, Neb.— Bond Election.—On
April 14, 1899, the question of issuing $7,200 water-works
bonds will be submitted to the voters. If bonds are issued
they will bear b% interest, payable at the office of the City
Treasurer. Securities will be in denomination of $500. Prin­
cipal will mature twenty years from date of issue, subject
to call after five years.
Norwood, Ohio.—Bonds Voted.—A t the spring election,
April 3, 1899, the proposition to issue $25,000 bonds for the
improvement of Montgomery road was favorably voted upon.
Oakley, Ohio.—Bonds Defeated.— On April 3, 1899, the
proposition to issue $10,000 4%% village hall bonds was de­
feated by a vote of 27 to 54.
Ocean Springs, Miss.— Details o f Bonds Authorized—The
$5,000 school bonds reported as recently authorized will bear
interest, payable annually on May 1. The principal will
mature twenty years from date of issue, subject to call after
five years. Bonds will be issued pursuant to Section 3016,
Chapter 93 of the Annotated Code of 1892. Date of sale has
not yet been determined upon.
Pike County, Ohio—Bond Sale.—On April 1, 1899. the
$30,000 5%refunding bonds were awarded to Rudolph Kley­
bolte & Co., Cincinnati, at 109-168. Following are the bids:
R. Kleybolte & Co., Clncin...$32,760 50 - '
Denison, - - & Co., Cleve. .$32,500 00
Prior
Seasongood & Mayer, Cincin. 32,737 5o New 1st Nat. B’k, Columbus. 32,171 50
S. Kahn A Sons. Cincinnati.. 32,736 00 Lamprecht Bros. Co.. Cleve.. 32,100 00
Feder, Holzman & Co., Cin... 32,712 50 W. J. Hayes & Sons, Cleve... 32,185 oO
N. W. H arris & Co., Chicago. 82,604 00 German Nat. Bank, Cincin... 32,178 00
W . B. Drarum, Circleville__ 32,500 00 First Nat. Bank, Barnesville. 30,983 00
Mason, Lewis &Co., Chic
32,550 00
Bonds mature $15,000 six years from date of issue and
$15,000 in seven years. For full description see Chronicle
A pril 1, 1899, p. 584.
Plattsburg (Mo.) School District.— Bonds- Voted.— At a
special election held in this district April 3, 1899, the proposi­
tion to issue $18,500 4%% school building bonds received a
favorable vote. Interest will be payable semi annually, and
the principal will mature in twenty years from date of issue,
subject to call after five years.
Plattsmouth, Neb.—Bonds Voted.—On April 4, 1899, the
city voted to refund $103,000 3% bonds with a like amount of
5 per cents.
Putnam, Conn.—Bonds Authorized by Legislature.— Leg­
islative authority has been given to this city to issue $50,000
4% 30 year sewer bonds.
Racine, Wis.—Bond Offering.— Proposals will be received
until 2 p. h . April 12, 1899, by Michael Colbert, City Treas­
urer, for the $33,000 4% school bonds which were voted last
November. Securities will be in denomination of $1,000,
dated March 1, 1899; interest will be payable at office of the
City Treasurer. Principal will mature on March 1 as fol­
lows ; $1,000 yearly from 1900 to 1909, inclusive; $2,000
yearly from 1910 to 1918, inclusive, and $5,000 in 1919.
Red Lodge, Carbon County, Mont.—Bond Election.—On
May 1, 1899, an election will be held to vote on the question
of bonding the city for a system of water-works.
Reidsville, N. C.—Further Details of Bond Offering.— Fur­
ther details are at hand concerning the $15,000 5% and $7,500
H gold coupon bonds for which, as stated last week,
p opoeals will be received until May 2, 1899. The $35,000
bonds will be dated May 1, 1899, and will mature May 1,
1929. The $7,500 will mature July 1,1921. Bonds of both
issues will he in denomination of $500, and the interest will
be payable annually at the Importers’ & Traders’ Bank, New
York City. Proposals must be accompanied by a certified
check for 2# of the amount bid for. Bonds are issued under
authority of the State Legislature, sittings of 1891 and 1899.
i he total debt of the town, including these issues, is $75,000.
The assessed valuation is $1,053,553 and the real valuation is
about $2,o00,000.
Roane County, Tenn.—Bonds Proposed.—A bill now before the House of the State Legislature provides for an elec­
tion in this county to vote on the qurstion of issuing bonds
to pay off the county’s debt.
Roanoke, Ya.—Bond S a l e . — On April 1, 1899, the $15,000
4% refunding bonds were awarded to the Sinking Fund Com­
missioners at 104. Following are the bids :
T1
1}?‘S-?
CoS - SoanokA.r
.$600 ou I Kane & Co., Minneapolis
^ I tb O O O
E. H Kn^nn^le
-sl?n.aII?^o, V '
tt
t? W. J. Haves & &Co.? Boston.... Par
xJ U. Kollius A.Sons, Boston.... 40i 55 IDenison, Prior Sons devplanrt 10 50
Seasongood & Mayer, Cincin.... 2 8 0 25 |
1 “ sons. Cleveland. ear
Prineipai will mature in 1929, subject to call after 1914.
* Z turlh° T description of bonds see Chronicle March 25.
1899, p. 584.
*
St. Augustine, Fla.—Bonds Voted.—A t the election held
m this city on March 28, 1899, a majority of 49 votes were
cast ini favor of the issuance of $20,900 5£ gold electric-light
plant bonds. Interest will be payable semi annually at St.
° f sal© is not yet decided upon,
oi
^1
ass* ~ ^ on^ S a l e .— This city has awarded $20,000
water bonds to Parkinson & Burr, Boston, at 101*81.
Followimr are the bids :
P a r k in s o n & B u r r, B o s t o n ........101*81
N. W. Harris A Co., New York. .101*33
B la k e B r o s . A C o ., B o s t o n ........... 101*66
R. T j. Day A Co., Bosion........... 101*827
A . F e r n a ld & C o . B o s t o n .. 101*53
Blodget, Merritt A Co.. Boston. 101*20
K. H . G a y A C o.. B o s t o n ................101*39
Denison, Prior A Co., Boston....101*19
R ln e s A C u m m in g s , B o s t o n ........101*89
Five Cents Sav. Bank of Salem 101*19
K. H . H o llin s A S o n s , B o s t o n
01 *377 |
,
aiem ^Dominations of $500 and $1,000, dated April
1, 1899. Interest will be payable April 1 and October 1, and

A pbil 8, 1899. J

THE CHRONICLE.

the principal will mature $2,800 in the following years:
From 1901 to 1903, inclusive, 1905 to 1907, inclusive, and in
1909.
Salem, Ore.— Bonds Voted.—On March 30, 189), the tax­
payers of this place, by a vote of 158 to 25, authorized the
issuance of $30,000
funding bonds.
Salinas City, Cal. —Bond Sale —On March 10. 1899, the
fgO.000 5% gold school bonds were awarded to E. H. Rollins
&’ Sons, Denver, at 106-33. Bonds nurture $750 yearly on
January 2, from 1900 to 1939 inclusive. For further descrip­
tion of bonds see C h r o n i c l e March 11, 1899, p. 491.
Schuylkill County, Pa.— B o n d Sale.— The sale of 3100,000
refunding bonds and $182,400 'i'^% 20-year county bonds
to'Edw. C. Jones & Co., New York,”at 101*50 and 104, re­
spectively, is reported.
Shamokln (Pu.) School District.— B o n l S a l e s . — On April
3, 1899, the $10,4iXJ
bonds and $12,000 '& ■ refunding
%
bonds were awarded to W . J. Hayes < Sons, Cleveland, at
&
102*91. For description of bonds see C h r o n i c l e March 25,
1899, p. 585.
Steel ton, Pa.—Bawl Sale.— On April 5.1899, the $15,000
4*1 10 year and $35,000 4-f 10 30-vear coupon bonds were
awarded to the Mercantile Trust Co., Pittsburg, at 104-823.
Following are the bids :

587

Wellsville, Ohio. -Bond Offering— Proposals wil1 be re­
ceived until 1 P. it. Slay 1, 1899, by D A. Davidson, City
Clerk, for $80,000 4-7 coupon redemption bonds. Securities
will be in denomination of $500, dated April 15. 1899: inter­
est payable April 15 at office of the City Treasurer. Prin­
cipal will mature 3,000 yearly on April 15 from 1900 to 1909,
inclusive. Proposals must be on the blank furnished by the
City Clerk for that purpose, and must bs accompanied by a
certified check on some national bank in the sum of $300,
payable to the City Clerk. Bonds are issued pursuant to
Section 2701, Revised Statutes of Ohio, and ordinance No.
274. passed February 20, 1899.
White Hull, III.-B o n d Offering.— Proposals will be re­
ceived until 7:30 p m . April 15, 1899, by Ed. C. Pearce. City
Clerk, for the $7,700 5s water bonds which were voted Oct.
10, 1S9S. Iaterest will be payable annually at the office of
the City Treasurer and the principal will mature $700 April
15, 1905, and $1,000 yearly on April 15 from 1906 to 1912,
inclusive. Bonds will bear date of April 15, 1899, and are
Issued under the law of April 10, 1872. The official circular
states that there is no controversy or litigation pending nor
threatened concerning the validity of these bonds, and that
there has never been any default on part of the city in the
payment of interest or "principal. The bonded debt of the
city, inclnding this issn-, is $13,200. The assessed valuation
is $264,699 and the population 2,500.
Wilkesbarre, Pa.—Bond Sale.—On April 1, 1899, this city
sold $12,000 5% certificates of indebtedness to the People’s
Bank of Wilkesbarre at 101-57, Securities mature in four
years, subject to call after one year.
Williamsburg, Mass.— Temporary Loan — The Town
Treasurer has negotiated a loan of $10,000 in anticipation of
the collection of taxes.
Woodbury County, Iowa.—Bond Sale.— On April 3, 1899,
N. W . Harris & Co., Chicago, were awarded $1.50,000 3% f
15 year refunding bonds at par. The county also has a two
weeks* option to sell the Chicago firm $150,000 funding bonds
at the same rate.
Worthington School District No. 5, Nobles County,
Minn.—Bond Sale.—On March 10, 1899. this district Bold
$88,0 s ; refunding bonds to U. M. Stoddard, Minneapolis,
oo
for sinking fund of the city of Minneapolis at 102. Follow­
ing are the bids:

l£«rc*attto Tr. Co- Pittsburg.. .10» <£ j D ann. Prior It Co., Bv*ton... 108*77
* £ S em
Bros. Co., C l e f t
. 1M ii ! Geo. it. Alieaian.................... *109*30
*
Marian K.
f
llarrltbarK'........... i lS,Q <H l*tf5 l
O ilO
Sullivan County. Teun.— Bowl* Proposed.—The question
of allowing this county to issue $100,000 road bonds is being
considered in the State Legislature.
Summit County (P. 0 . Akr>n), Ohio. —Bauds Defeated.—
The proposition to issue $350,000 court-house bonds was de­
feated at the recent election.
Syracuse, N. ¥.— Temporary loan. —This city has nego­
tiated a loan of $130,000 with Dnuscomb & Jennison. New
York City, at 319*. The loan was made in anticipation of
the collection of taxes, and will mature Nov. 15, 1899.
Tennessee,—FundingBand Bill.— A bill was recently in­
troduced in the Senate providing for the funding of the
floating debt of the State, amounting to $830,000, and for the
funding or txchange of the outstanding settlement bonds for
a new issue of
40-years bonds, optional. $350,000 yearly.
P r e m iu m
Thibodanx, L a —Bond Sale —On March 31, 18911, the
0 . M, 8fcd*1*r4.
, ..pV O Oj Trowbriil
MacDonald A
$15,100 5« electric-ligbt plant bonds were awarded to the M erchant** I>n- A T r . C o-.C h ic..
oo ! Nlver Go.. Clilfatfu ........... -$101 10
. J H m -4 « o « » , C
On
H 00
U
Bank of thlbodaux at 101-716. Bonds mature $3,500 yearly W* o e. A ta o ., M in n e a p ol»T$......... 1*0 O i -V \V- riarrlB A Co., C h icago-,
R
lis ............4?5 O
*'ar*on. I,each A (Jo*. CbieSfcD*... Par
on J innary I from 1905 to 1910, inclusive. For further de­
Minctftuyta Ln. A T r . C«..3llnnt*. Par
* Ynr * 4*4* bon d .
scription of bond* see Chronicle March 18, 1“99, p, 539.
Titusville, Pa,—Bond sale.—The Common Council has
Bonds will be dated April 15, 1899, and mature April 10,
passed a resolution providing for the issuance of a Ijf re­ 1909 Interest will be payable semi-annually.
funding bond for $5,000. By the terms of the resolution
the bond will be taken by the Sinking Fund Commissioners,
and will mature November 1, 1900.
Fort Worth, Texas.—B. B. Paddock, Mayor: J. J. NunTitllahoma, Tenu.—Bonds Authorised by Legislature.—
The issuance of electric light plant bonds and water works nally. Auditor,
bonds has been authorized by the State Legislature.
T h is c i t y I s t h e c o u n t y v a t o f T u n -a n t C o u n t y . T h e v a l i d it y o f s o m e
Tuscaloosa County, A la.—Bond Sate.—On March 31,1899, o f t h e c i t y b a n d * » » ' t h e s u b j e c t o f l i t i g a t i o n , b a t a r e c a n t d e c i s io n
838,!f!0 ad 20-year bridge bonds were awarded to Sear ongood o f t h e C o n r t o f C i v i l A p p e a l * c o o t l n u * t t ie t r l e g a l i t y . *e,* V o l. 0 6 . p.
7 7 3 a n d V o l. 0 7 , p . 1 0 7 3 .
& Mayer. Cincinnati, at 103*50.
LOAN S—
W hen D u e. I 6 b r w k k B o n u s
Uinta County School District No. 1, Evanston, Wyo.—
F und in ' o , t l u r . B o n d s —
j 5 . M A X , $ 1 2 5 ,0 0 0 * ....M a y l , 1 9 4 0
Bond Offcrino.— Proposals will be received until 12 it. May
M W , $ 2 7 8 ,0 0 0 - . J a n . 1 . 1 9 2 0 I s t r e e t a n d S e w e r B o n d s —
1,1899, by Thomas King, Clerk, for $24.900 8% refunding 6 * , J A J . 1 7 5 0 0 0 * ___ J a n . 1 , 1 9 2 2 7 » , M A S , $ 9 6 .0 0 0 * ........... S e p t ., 1 0 1 4
bonds. Securities will be in denomination of not lees than
t l i o i l Sc h o o l —
| O k n e k v l iMPOVEWSStr—
$100, otherwise to suit purchaser, dated M ay 1, 1899; inter 5 « . J * J , $JK>,000 . . . J a n . 1 . 1 0 2 0 5 M A S . $ 3 0 0 , 0 0 0 * . . M e b . 1 , 1 9 2 1
RedexjtkiNBonds—
j b Water Bonds est will be payable annually on January 1. Principal will J a J t i N ' , 9 1 3 8 .0 0 0 * . M a y 1 , 1 9 2 3 5 , M A N . $ 1 0 0 ,n o o - ___M a y 1 , 1 9 2 0
mature May 1, 1919. suMect to call after May 1. ’ 909. Bonds
S u b je c t t o c a l l a f t e r M a y 1 . 1 9 0 3 6 . F A A . 6 5 0 , 0 0 0 - . ...F e b . 1, 1 9 2 2
| 7 * . J * J , 1 5 0 . 0 0 0 '. . ..J a n . 1 , 1 9 0 3
are issued pursuant to Chapter 10. Laws of X893. This dis­ --------b $ 1 ,0 0 0 ea ch .
trict has no indebtedness other than the above.
P A R . — K c e c a k io a n * h a v e b e e n I s s u e d In $ 1 . 0 0 0 p ie c e s ,
Union County, Ore.— Bonds Not Issued.—The County
Court recently entered Into a contract with J. W . Seri her to
I N T E R E S T I* p a y a b le In N e w Y o r k C ity .
fund the county's warrants with i f 10-20 year (optional)
G O L D B O N D S . — A t l b o n d * a r e p a y a b l e In g o ld
bonds to the amount of from $160,000 to $175,000. A t the t
O
E
t
— im i y
b
d
a c
9 , w
time the contract was made there was pending in the State $ 2T 1 1 T ,A L 0 .O o nB T /,i gE f ocn. d . T n v ecs t m's n to nadned cd e b t. o n 0M ,0r0 h 1, 1 8 t 9d e ba s
,
9 00
kl
I
t e
ash $ 2 0
0 ; ne
t,
Legislature a bill authorizing counties to fund their indebt­ $ 1 , 9 1 9 , 0 0 0 ; w a t e r d e b t (I n c lu d e d in th e a b o v e to ta l| . .$.90 0,0 00.
edness, which bill failed to become a law, and therefore the i T h e c i t y o w n s p r o p e r t y v a lu e d In 1 8 9 6 a t $ 1 , 1 5 3 ,3 5 7 .
county is without the necessary legislation to fund its war­
D E B T L I M I T A T I O N . — T h e c i t y 's d e b t U lim it e d b y t h e c i t y 's c h a r t e r
rants. The warrants outstanding on March 1, 1899, were o f M a r c h 2 0 , 1 8 8 0 t o 6 p e r c e n t o n t h e t a x a b l e v a lu e s ,
$159,000 with accrued interest for four years.
A S S E S S E D V A L U A T I O N . — T h e c i t y 's a s s e s s e d v a l u a t i o n ( w h ic h la
Upshur County, W. V a.-B ond Stile.—On April 3.1899, this 8 0 p e r c e n t o f a c t u a l v a lu e ) a n d t a x r a t e h a v e b e e n a s f o l l o w s :
P erson al
T otal
T a x Jla-te
county sold $20X00 8% 20-year court house bondsas follows- T ea r s .
.
p e a l E mla ir
V a lu a tio n .
p e r § 1 ,0 0 0 .
P r o p e r ly *
$15,000 to U. G. Young, Attorney, Buckhannon, at 103-25 and 1S!*H....................
$25*30
$ 3 ,9 0 7 , 8 2 5
$ 1 5 ,0 9 ! ! ,7 2 0
$5,000 to First National Bank, Grafton, at'105
Twenty-five 1 8 9 7 .................... . . . 1 5 . 7 9 0 ,0 0 0
15*00
2 0 .1 0 3 .9 0 8
15*50
4 .9 0 4 .7 3 3
bids were received, Boston. New York, Chicago, Cleveland, 1 8 9 4 .................... . . 1 5 , 2 9 9 .2 3 0
1 9 9 2 ..................... . 1 4 ,0 2 3 ,1 0 3
7 .8 3 7 .2 2 5
2 1 -7 5
2 1 ,8 0 0 ,3 8 8
Cincinnati. Bamesville. Ohio. Colnmbns. Ohio, Parkers­ 1 8 9 0 .................... . . . 1 6 ,5 0 -2 ,0 2 5
20*55
4 , 8 0 4 ,1 0 0
2 1 ,3 0 6 ,7 9 5
burg, Grafton, W . Va., alt being represented. Securities 18-89.................... . . 1 1 .2 4 3 .7 2 7
1 5 ,9 .5 8 ,8 7 0
2 1 -5 5
4 .7 1 5 .1 4 3
will be in denomination of $500.
T h e t a x r a t e in 1 8 9 9 I n c lu d e s c i t y t a x p r o p e r . $ 1 3 0 0 : c o u n t y t a x ,
Warren (Ohio) School District.—Bonds V o te d .-A t the $ 7 0 0 ; S t a t e t a x , $ 3 3 0 ; a v e r a g e s c h o o l t a x . $ 2 0 0 ; t o t a l, $ 2 5 -3 0 .
election held on April 3, 1899, the proposition to issue $30-.
POPULATION.— n 1 8 9 0 It w a s 2 3 ,0 7 0 — ns r e t u r n e d b y t h e c i t y
I
WO school bonds was carried by a majority of 790 votes. H. e n u m e r a t o r . 3 0 , 0 0 0 ; In 1 8 8 0 It w a s 6 , 0 6 3 ; In 1 8 9 7 ( e s t im a t e d ) , 3 7 ,0 0 0 .
B. Drenr eu j* clerk of the district,
Hillsboro, Texas. —E. Q u i c k e n s t e d t . Mayor; A. C. SullenWatervHle, Me.—Boon Authorized,— A loan of $20,000 was berger. Treasurer. Hillsboro la in Hill County.
recently authorized in anticipation of the collection of taxes.
LOANSW h en D u e ; T o t a l d e b t J a n . 1 , 1 8 9 9 . , $ 0 2 ,5 0 0
C m H a m . Bond*—
s i n k i n g f u n d .........................
3 ,0 0 0
Wnycross, tia,—Bonds Defeated.— On April 1. 1899, the
7 S . J & J . $ 5 .0 0 0 * ____ S e p t . 1 , 1 9 0 5 |N e t d e b t J a n . 1 . 1 8 9 9 . . .
5 9 ,5 0 0
proposition to issue $50,000 & 30 year sewer bonds was de
£
SCHOOL llot:.*E B o n d s i W ater d e b t (In clu d e d ). ..
42,000
fested, a1
though the rote was 350 to 57 in favor of the bonds. 6 s . J * J , $ 2 .0 0 0 * .......... J u l y 1 . 1 9 0 9 |T a x v a l u a t i o n , r e a l ____ .1 ,4 4 ,4 .3 5 5
Under the lawtwo-thirds of the registered voters for 394) was 6 * . .TA J. 2 , 5 0 0 * . . , , . . S e p t . 1. 1 9 1 1 I T a x v a l u a t i o n . p e r s o n a l . 6 4 7 ,0 7 5
6 s J.fcJ, 4.1100-.......... J u l y 2 . 1 9 2 1 I T o t a l v a l u a t i o n , 1 8 9 8 . . .. 2 , 0 9 1 , 4 3 0
necessary to authorize the issue.
W e l l iA r t s s ia x i B o n d s —
I A ss e ss m e n t a b ou t V a ctu a l va lu e.
Waynesboro Pa —Bonds Voted —On April 4. 1899, the e * . A A O . $ 7 .0 0 0 * ..........O c t . 1, 1 9 1 1 •c i t y t a x ( p e r $ 1 , 0 0 0 1 .1 8 9 8 . $ 9 0 0
people voted t.o issue the $6,600 market-house and firemen s
W a T kk W o r k s a S e w . B o n d *— ; P o p u la t i o n In 1 8 9 0 w a s .......... 2 ,5 4 1
s
. J
0
J n . 1. 9 3 5
building bonds. The vote was 295 in favor of and 136 5 s ,, g ..,M A J ,. $ 1 9 ,0 0O gg , S a n t .3 , 1 9 3 5 [ P o p u la t i o n '9 7 ( c s t l m ’ d ) ........ 7 , 0 0 0
5 g
AS
a.O O
e
1
against the proposition.
ns. r ., . . . . . . .
1 5 , 0 0 0 . . J a n ., 1 9 3 7 I

STATE AND CITY DEBT CHANGUS.

THE CHRONICLE.

H80

Houston, TVxas.—S. H. Brashear, Mayor; W . M. Baugh,
Secretary. This city is in Harris County.
I m p r o v e m e n t B on d s—
LOANS—
W h en D u e .

B in i h ; i B o n u s . 1 8 9 ti—
5 » , M A X . $ 8 9 ,0 0 0 ........ M a y 1 . 1 9 3 6
C o M io io s iis E B o n o s —
6 s , J.V J. $ 5 0 0 ,0 0 0 ........ J a n . 1 , 1 9 1 8
58, J.V J, 5 0 3 ,0 0 0 ........ J a n . 1 , 1 9 1 8

C o n s o l id a t e d B o n d s 6 8 , J.V J,

5 s . J.V J. $ 1 0 0 ,0 0 0 ........ J u l y 1 , 1 9 3 8

Paving

and

Skiver Bonds-

58, J.V J, $ 2 5 0 , 0 0 0 . . . J u l y 1, 1 9 3 7
S u b je c t t o c a l l a f t e r 1 9 1 7 .

Refunding Bonds—

5s. J.V J, $ 1 0 9 ,0 0 0 ............J a n . 1 ,1 9 3 7

School Bonds—

$ 1 2 ,8 0 0 ........ J u l y 1 , 1 9 0 6

F u n d in g B onds —
6 a . J.V J, $ 5 2 4 .0 0 0 ........ J a n . 1 , 1 9 1 2
H . T . .V B . U K . B o n d s 88 , A .V O . $ 9 , 5 0 0 ..........A p r . 2 2 , 1 8 9 9

6 s , M A N , $ 1 0 0 , 0 0 0 . . . .M a y 1 , 1 9 2 4
5 s ...........
5 0 . 0 0 0 ........ D e o . 1 , 1 9 3 7
5 s .........
6 0 ,0 0 0 ... . .J a n . 1 , 1 9 2 3

IN D E X

TO

STATE

[V ol . LXVIII.

G O L D — A ll b o n d s , a c c o r d i n g t o a o l t y o ffic ia l, a r e p a y a o l e In g o ld .
I N T E R E S T o n th e c o m p r o m is e 5 s a n d 6 s a n d o n th e p a v in g a n d
s e w e r b o n d s Is p a y a b le a t t h e U n io n T r u s t C o m p a n y , N e w Y o r k C i t y
o n t h e f u n d i n g 6 s a t t h e A m e r i c a n E x c h a n g e N a t io n a l B a n k , N e w
Y o r k C it y ; o t h e r s a ls o in N e w Y o r k C ity .
T O T A L B O N D E D D E B T F e b . 4 ,1 8 9 9 , w a s $ 2 ,2 5 7 ,3 0 0 ;
d e b t , $ 6 2 ,5 6 0 ; t o t a l d e b t . $ 2 ,3 1 9 ,8 6 0 .
A S S E S S E D V A L U A T I O N (a b o u t
a c t u a l v a lu e )
$ 2 2 ,5 2 8 ,1 0 3 ; c i t y t a x (p e r $ 1 ,0 0 0 ) in 1 8 9 !) w a s $ 2 0 0 0 .

AN D

P O P U L A T IO N

CITY

f lo a t i n g

in 1 8 9 8

w as

In 1 8 9 0 w a s 2 7 ,5 5 7 ; i n 1 8 9 7 , e s t im a t e d , 6 0 ,0 0 0 .

D E fA ftT W E filT ,

I n t h e f o l i o w in e i n d e x r e fe r e n c e is m a d e b y th e p a g e n u m b e r t o e v e r y it e m r e g a r d i n g S t a t e , o i t y , t o w n o r c o u n t y f in a n c e s w h ic h lia s b e e n
p u b lis h * ii in rjie c u r r e n t v o l u m e o f th e C h r o n i c l e — t h a t is , s i n c e t h e b e g i n n i n g o f 1 8 9 9 . F<-r i n d e x t o i t e m s m V o l u m e 6 7 , s e e C h r o n i c l e
o r D e o . 3 1 , 1 8 9 8 , p a g e 1 3 7 0 . Ite m s i n th e c u r r e n t n u m b e r a r e n o t n o t e d i n th e in d e x . F u lL -fa ce t y p e s r e f e r t o l a t e s t r e p o r t s o f t o t a l d e b t ,
a ssessed v a lu a tio n . A o.

489 |Bradford Co., Pa.........
Bradley Co.. Tenn..440,
No. 58. Wash............... 488 Brainerd, Minn .....
Alko". S. C.................
95 Brewton, Ala.......... 47.
Bridgeport. C uin— 2*2,
Akron. Ohio— *'9> 842,
,
389. 4£8. 582 Bride port, Ohio— 197,
440.
Alabama .
439, 487
Alamance Co',
4«s Bridgeton School Dis­
AIbant Co.. X. V.... 95. 342 trict. N.J.. . 145,440,
! Bristol. Conn...............
Albany, X. Y... 145.190,
292, 5 * Bristol Co.. Mass— 197,
82
Albany Sob. Dist., X. Y. 342 |Bristol, R. I..............
AUtonac, Mich............
190 ■Bristol, Tenn.........242,
Allegheny Co., Pa.
488 ' Brockton, Mass...... 145,
Allegheny, vi ... 190,348, 389 ; Brooks, Mich ...........
Alien r '\, ind..........
106 I Brownsville. Tenn......
.Allen Co., Han,...........
»96 Brown Valley irrigation
Allen Co.. Ky. 292. *«?, 634 District. Cal..............
Bryan, Ohio...... ..........
Allentown school Dis­
trict. Pa
145 •tryan. Tex.................
Alliance. Ohio.......... 95, 212 Buffalo Co.. Neb___—
Alpena. Mich —
42 Buffalo, N Y.95,145, 242.
.
93. 440, 488, 537, cS2,
Altamont, N Y........2 2 389
.
W,
Alton, 1 1
1 .............. .
145 Burke Co., X. C...........
Ambler. Pa....... ..196, 389 Butler Co., Ala---- 242,
Amherst. Mass.. . *3-, 4 :* ButlerlCo., Ohio.....2*2,
8
4»o.
Anderson. 8. «'.. .. 196,
212.292. 439. 4 S 634 Byron Sch. Dlst., Mich..
&
Andover Mess............. 634
Ann Arbor. Mich......... ‘2 00
abarrus Co., **. C.4J0,
Antelope. Ore..196, 3 9, 536 Caldweli Co., Ky.........
5
Appleton, Wls____ 9 ., 292 Caldwell Co., N. C........
Arizona....................
681 Calera. A la..........293,
Arkansas.........292, *39, 488 California........942, 293,
Arlington, Mass.......... 242
488, 581,
Arlington, Ore ..380, 631 Cullender School Dis­
Asheville. X. C.3S9, j3j. 488 trict. Ia...................
Ashland. Ore............... 144 Cambridge, Mass.95,197,
Aslilam. Wls
.242, 439
*42,
Cambridge, Ohio ..... 47,
Ashtabula School Dis­
.
trict, Ohio.....
145, 342 Camden, N J.. 298. f 82,
Camden Sch. Dist., N. J.,
Aspen Scbool District
95, 197, 242, 342,
No. 4, Col
95, 3*9
Atascosa Co., Tex ......
634 Canby. Minn...............
('anon City, Col..
....
Atchafalaya Levee Dis­
trict, La.................... 145 Canonsburg, Pa......
Atchison Co., Kan 439. 682 Canton, Ohio.....95,197,
Atchison. Kan...........
342
343,
Athens. Ala................ 342 Canton Scb. Dist., Ohio
Athens, Ga............ 196. 439
Athens, Ohio.......... 95, 24?
Atlanta, Ga................ 536
Atlantic Co-, X. J...190,
..
No. 30, Mont---‘200. 634 Carbon Co., Utah........
Atlantic Sch. Dlst.. la..
Carlton, N. V...............
Attleboro. Maas..... 4 8 8 , 5 3 2 Carroll C ., Ky............
Auburn, Ala .. 292,342. 389 Carroll Co., Mo...........
Auburn. Ind............... 582 Carthage. Mo....96, 637,
Austin. Tex ........... 292 Cass t o.. Mo..........581,
Avondale. A la........... 536 C skill, N. Y. ..48«, 582,
al
Cattaraugus Co., N. Y..
X. Y.....
682,
B aMston Spa.d........... 149 Celina, Ohio................
altlmore, M
47
R
at>cror. Me.
......
145 Central City. Neb.........
Baraboo. Wls . ... 439, 582 Centreville School Dis­
Barrett. Minn.......... ... 439 trict. la...............
Barre. Yt
.............
389 Chadron. Neb.........293,
Bartow, Ga ____ 95,
*92 ebumbers Co., Ala .*42,
Bastrop Co.. Tex......... 1*0
*98,343.
Bath Twp. Ohio.......... 242 Cham(algn Co., O... 197,
Battle Creek. Mich......
145 Chanute, Kan..............
Ray City. Mich ......
292 Charleston Co., S. C.....
Bayfield Co.. Wls......... 149 Charieston, S. C......
Beatrice. Xeb __ 144. 196 Charleston, W. Va.,242,
Beaufort Co.. N C.......
.
*30 _
44u,
Beaumont. Tex. .........
Charlevoix, Mich __
Beliefontaine. Ohio __ 489 Charlotte. N. 0.146,197,
Bellefontalne Sch. Dis­
Chattanooga, Tenn..146,
trict, Ohio..
J45, 242
242,
Beliefonte. Pa............ 68 Cheboygan, Mich__
Bellevilla, N.J ......... 2 2 Cherry Creek Union Fr.
.-*
Be'levue, P a.............. 634 Sch, Dist., N Y. 4 7 ,
.
Bellevue School Dis­
Chicago Junction, Ohio
trict. <»hio................
582 Chicago. West Park Dis­
Bent C .. Col
O
145, 292 trict, III ......... 2 1 2 ,
Benton Harbor, Mich... 439 Chillicothe. Ohio .......
Berea. Ohio..............47. *92 Churubusco, Ind..... .
Berkshire Co.. M
ass.145,
Cimarron School Dis­
196, *9 . 389 trict, Kan........... 343,
Bermldjl. Minn...........
47 Cincinnati, Ohio.47, 4 4 b,
Bertie Co. N. C......
145 Clallam Co., Wash.......
Bethany. Mo............... 58t <larenee, Mo...............
Beverly. Maas.............. 145 Clarendon Co., S. C......
Bexar Co.. Tex.. 96.196.
Clnrk Co., Ga. ..
389. 4*8, 636, *84 Clark Co School Dis­
Bibb Co- Gn................
242 tricts. Wash.............
Blmleford. Mo............
536 ClarkcHvtlle, Tenn.......
Biloxi, Miss................
489 Clarksburg, W. Va.....
Binghamton, X. Y. .197.
Clay Co., N C... 1 7 293,
.
.9 ,
*93 480, 488. 6R Clayton. N Y.........390.
2
.
Birmingham, Ala......... 293 Clear Creek Twp., Mo.
Blockt< n ia
<,
145, 488 See Cooper Co..........
Bloomfield School Dl*
Cleveland, Ohio...... 96,
trict. N.J.................. 439
146.390,
Blooming Prairie. Minn. «86 Clinton, Mass..............
Bio-mvllle. Ohio.... 146, 24* Clinton. Tenn........ 197
Blufflon. Ind...........
439
Clio, S.C................ 440,
Boone Co., Ia.. . .682, 634 Cocke Co., Tenn.4 4 0 , 4 8 8 ,
Boone ro. School Dis­
Coffee Co., Ala..v93,343,
trict No. 0. Ill......488. f3i I Cohoes, N. *... .313, 440,
Bo-cobel. Wis .
... 145 Cole Co., Mo...........
Boston. Msas... 196. 212 ,
College Hill. Ohio........
„
<29, 488, 634 I Colliersville. 'eon..197.
Bottineau Co.. N. D. .. 4 8 8 ! Colorado ...293, 343.39c,
Bound Brook Sch. Dis­
Colorad-j Springs C.»l..
trict, N.J . . . . 47. 146 |
488.582,
Bowling Green. Ohio
890 Colton, Oal..................
Boyd Co., Ky..........197. 390 Columbia Co.. N. Y..242,
Boyle Co., Ky.............. 146 Columbia, Pa....47, 243,
Bozeman. Mont.. 11 6 . 197 1„ , .
343.
Bradd .ck. Pa. . 293. 4f»8, 634 Columbus, ,
Ind...... .47,
Braddook School Dis­
Columbus. Miss..........
trict, Pa.................
390 Columbus. Neb...... 107,
342,
A bbeville, Ala— Dlst.
dams Co. Sch.

Columbus, Ohio.
47,
Columbus School Dist.,
Ohm...... 293, c9 , 637.
1 45 Columbus, Wls............
342 Concho Co., Tex..........
Concord, N. C...390. 4*0,
448 Concord. N. H....... 242,
Conecuh Co , Ala— 343,
582 Conneautville, Pa...242,
4 4 4 Connellsville, Pa .
293 Connellsville Sch. Dis­
634
trict. Pa...................
488 Cooper Co., Mo...........
293 Cooper shurg. Pa.........
536 Corpus Cbristi, Tex.
440 Corry, Pa ...................
Cortland. N. Y ........
634 Council Bluffs. Ia... 144,
242 Council Bluffs School
95
District, la.... 489, 6 *7
,
634 Cranston, It. I..............
Creston, la..................
034 Cripple Creek, Col.....
4 0 Pullman. Ala... 146, 440,
342 Cumberland Co., N. J..
343.
4*8 Cumberland, R. T... .293,
4 4 0 Cuyahoga Co.. Ohio.....
Cuyahoga Falls, Ohio.
<88
144
allas Co., Ala..........
488 D alias, Ore...............
342 Danville. Pa...............
Davenport. Ia..............
Davidson Co., Tenn.144 .
146,
€34 Davidson, N. C...... *89,
Dawes Co.. Neb__ 144,
537 Dayton, Ohio.........146,
95 Dayton Sch. Dist., Ohio.
034 Decatur, Ala...242, 293,
343,
487 Deering, Me.......... 440,
390 Deer Park, N. Y ..........
582 Defiance, Ohio.............
582 Delaware............... 489,
Demopolis, Ala. ...242,
537
343, 440,
343 Denver, Col..... 342, 581,
5-2
582,
634 De Pere. Wls.....96,146,
242,
197 Detroit, Mich.........440,
145 I)e Witt Co.. Tex__3*2,
634 De Witt School District
1»7 No. 14, N Y..........
.
242 District of Narragansett,
634
634 Dixon C School Dis­
oV
t34 trict No. 1, Neb....390,
Dobson. N C...............
.
€34 Doddridge Co.. W. Va...
*8 S Dodge Co . Neb...... 243,
440 Donaldsonville, La......
685 Doniphan School Distr ct. Me...................
440 Dorranceton, Pa.......
Dothau, Ala....*43, 293,
440 1,
343,
298
843 Dougherty Co., Ga......
Douglas Co., Neb.........
4 8 * Dover, N.J.................
242 Du Bois Scb, Dist., Pa..
Dubuque, Ia...............
488 Duluth. Minn.........146,
293 Durand. Mich.. ..243,
S o Durham Co., N. C.........
9
Durham, N.
’
440IDurham Sch.C...146,N.93,
Dist., C
.
293 Dyersburg, Tenn . 107,
I Dysart Sch. Dist., Ia__
ffi
96 ?agle Co., Col...... 197,
I -last
292 Fast Haddam, Conn. .
<114 Easthamptou. Mass.....
Orange, N.J.........
3h
j Eau Claire. Wis..
.
440! Kdenton. N C............
581 1 E 1wardsvillo. Ala . .*93,
El Dorado Co., Cal.......
444 Eldora Sell. Dist,, Ia.....
34:1
Elgin City, Ore...
890
Elgin Sell. Dist., Ill......
389
Elizabeth City, N C.14«.
.
*43,
487
Elkhart Lake. Wis......
440
Elkton Sch. Dist.. Ky...
no
Ills',
3 -0 Ellsworth School -0“107.
No. 4o, Minn. . .5
488 Ellwood City. Pa ... 2 0 3 ,
Elmore Co., Ala..... 3 4 i,
5.81 El Paso. Tex.........
Elroy, Wis,............
488 Elwood.lnd..............
£82 Emmet Co., Ia__
242
.
682 Englewood, N J......*08.
582 Essex Co.. N. J. 197, J h
N»,
140
Ala.....140,
637 Etowah Co.,243, 343, 440.
1!M
>,
144
Evanston, 1 1
1 ......
6445
Evanston. Ohio...........
44 0
Evanston Sch. Dlst., III.
034
Evansville. Ind...........
Everett, Mass. .197, 587,
635 Evergreen, Ala..... 293,
107
440
all E ver. M a s s ...293,
alls City, Neb...........
489 Falls Co., Tex.............
96
Fayetteville, N C....9I0,
.
343 I _
*40,
489 Fayetteville, Tenn..390,
200
•»K
8
582

F

581 | Fetterraan Lndep. Sch.
Humboldt, Tenn.........
Dist., W. Va........ 293, 390 Humohrey, Neb..........
635 j Fitchburg, Mass.....U6 , 197 Huntington, N Y.........
.
035 Flathead C Sch. Dist.
«».
Huntsville, Ala..96, 29*.
96 No. 1. Mont ........ 293, 440
489 Florence. Ala 90,293, 440
daho Falls Ida.........
537 Forest burgh. N Y 390, 440 I dabo Falls School Dis­
.
440 Forest Pity, Pa...........
293
trict, No. 35. Ida_ .
_
390 Forestville Scbool DisIndependence, Mo........
47 Indiana.145,204,3 4 4 ,439,
98
trict. Cal...................
Fort Dodge School DisIndianapolis. Ind __
4*0
trict. Ia....................
537 Iowa...........................
581 Fostoria, Ohio. . ..293, 390 Iowa City, Ja...............
*42 Fostoria Sch. Dis., Ohio. 583 Iowa Fulls lndep. Sell.
146 Franklin Co., Ohio..537, 035
Dist.. Ia...............44±,
197 Franklin, n. H.............
96 Iowa Falls, Ia..............
242 Franklin, N C. ... 441, 4 89 Ironton, Ohio..............
.
5SI Franklin, Pa..... 96, 144, 293 Ironwood School Dis­
Franklin Scbool Dlst.,
trict, Mich............294,
635
Pa....................... 47,
146 Irvington N. Y............
035 Fredonia. Kan.........
146 Irwin. Pa...............
035 Fremont, Neb.......... 96, 294 Islip, N Y.
.
......96,
581 Fresno, Cal............ 343, 035 Isi-aquah, Wash...........
537
Fulton, Mo.............390. 583
Iackson Co.. Ala...294,
489 p affney, S. C .............
47 *9 ackson Co., Ind........
440 VTalesburg.il]............. 140 Jackson Co., Mo..........
390 Jackson Co., Ohio.......
581 Galveston Co.. Tex......
390 Galveston, Tex...........
342 Jackson Co., Tex.........
Gando Sch. Dist., Tex.. 197 Jackson, Miss__90, 294,
96 Gardiner, Me............... 441
537,
146 1 Garfield. Wash...... 489, .‘ 83 Jasoer Co.. Mo.............
635 Geary Co., Kan...........
537 Jefferson City Sch. Dis­
trict, Mo...................
144 Georgetown School Dis­
trict, Ohio................
197 Jefferson Co.. Mont.. 146,
440 Georgians, Ala.243, 294, 489
243, 489,
582 Georgetown, Ky.......... 635 Jefferson Co., Tenn.....
342 German Twp. Sch. DisJefferson, Tex....... 3-4,
48^
trict, Ohio................
243 Jeffersonville. Jud...l9k,
6o7 Gilman, Wash............. 34 2 Jersey City, N. J.48,146,
Gladstone, Mich.......... 537 Jersey Shore, Pa__198,
390 GleLville, Ohio.........96. 343 Johnson City, Tenn.489,
48u Gloucester Co.. Va........ 140
58-.
242 Gloucester, Mass.....47, 035 Johnson Co., Ia...... 146,
58i GloversvJlle, N. Y...294, 390 Joliet, 1 1
1 ....................
530 Golden, Col............441, 583 Jonesboro, Tenn..........
Gold Hill, Ore............. 243 Joplin, Mo...... 441,489,
537 Goliad Co., Tex.537.581, 035
Gonzales Co., Tex........ 390 K alamazoo, Mich .....
Goodhue School Dis­
anawha Co., W. Va..
trict, Minn...............
197 Kane Sch. Dist., N. D. .
44 0
Graham Co. School Dis •
Kansas..95, 441, 487,583,
trict No. 2 0 , Kan
035
343 Kansas C ty. Mo..... 2 3
-> ,
343 Grand Ledge, Mich.342.
38*
344,
Grass Valley, Cal__243,
Kansas City School Dis­
96
390, 489
trict. Kan ___ 146,
Gray Co., Kan............. 343 Kearney Two., N.J. 146,
96 Greeley. Col........... 3 4 3 , 390 Keene. N H...............
.
Greene Bay. Wis__583, 035 Kenosha, Wis ...........
582 Green Co.. Tenn..... 489, 03* Kenton Union Scbool
243
Greene. N. Y............... 49*2
District Ohio...... 489,
440 Green Lake Oo„ Wis__
5**3 I Kettle Falls, Wash. .146,
*93
Greenport, N. V..........
583
391,
197
Greensboro. Ala.... 343, 391 Kiug Co., Tex..............
Greensboro, N. C__243, 441 Kirksville. Mo.............
48* Greeusburg, Pa.... .146,
48S Kirksville Sch. Dis., Mo.
146 Green*fork, Ind..........
*92 Kittita* Co.. Sch. Dist.
Greensville. Ala.........
294
No. 51, Wasn...........
440
391 Knox Co., Mo..............
Greenville Co.. S. C......
440 Greenville, Miss..........
537 Knox Co., Tenn..... 4 4 1,
58S
Greenville, N.C...........
243 Knoxville, Tenn.96,19*,
•<87 Greenvil e, Ohio.
243, 391
344, 441, 489,
035 Greenville, Pa............. 683
2PS Greenville, S. C............
243 L a Belle Twp.,Mo.—
See
343 Greenville, Tenn.........
197
Lewis Co..............
635 Grossdale. 111. ..............
96 Laclede Co., Mo......
243 Grundy Co., Tenn.. 197,
489 Lac Qui Parle Co..Minn.
390 Gunnison Go.. Col ......
536
537 Guthrie, Okla.............. £83 La Fayette. Ala..... 242,
Lake Co., Tenn...........
410
Lake Linden. Mich.......
582
N.J......
47 Lakeuort.
H ackensack, n. C..441, 4ny LakewoodCal..............
alifax Co ,
Hamlet, O....
537 Hallowell, Me..............
2-4 Lancaster, Pa..............
411
Hamblen Co., Tenn..... 6^5 Lansdowne, Pa.140, ?43,
537
Hamilton Co., Ohio. 47,
294,
243
489 Latbrop, Mo...............
146 Hamilton, Ohio,?...'. 48!
140 Laurel, Del...........198,
3J0 Hammonton Sch. Dis­
Laurel Sch. D
ist.., Miss..
343
trict, N. J.................. 583 Laurium, Mich.........
411
Hampden Co . Mass.243, 343 Lawrenceburg, Ind..
343
Hampshire Co,. Mass... 197 Lawreuce C Ala..344,
03
Hardin Co.. Ohio__*43, 3i4
441,
: 90
Hartford, Conn...... 537, 635 Lawrence Co., S. D......
Hartford, So’hwesi Sch.
Lawrence. Mass..........
890
Dist., Conn............... 344 ••ebano'i. Pa.........‘-94,
489
Hartford, Washington
Lebanon School Dis­
$41)
Sch. Dist., Conn...294.
trict, 1 1
1 ....................
.
„
T11
58> 1 638 Lestershire. N V...3 9 I,
,
390 Havana. Ill...........
44
Lewis Co., Mo........ 292,
M
flO Haverhill, Mass....
294
Lewis Co., Tenn..........
440
Hedgers Sob. Dist., Cal. 3 4 3 Lewis Co., Wash..........
298 Hempstead. N. v.—
See
Lexington, Mass.........
6 37
vew York City.... 5 8 1
Lexington, N. C.....243,
243 Henry Co.. Ohio....
96
Lexington. Tenn__683,
488 Herkimer. N. Y.....
48
Limestone Co., Ala.294,
487 Herman, Neb.........146,
035
Hidalgo Co., Tex 197, 3 4 4 Limestone Co., Tex...
Co.,
487 Highland Park. Ala.344, 441 Lincoln Co., Ky.146,1*8,
Lincoln
Mo..... i-8tf.
Highlands, ~. C....
441
Lincoln Co.. N.C.........
489
High Point, N. C 344,
Lincoln Co., S. Dak......
635
w „
;J 441, 637 Lincoln, Neb __ 147,
91,
96 Hillsboro Co.. Fla......
197 Ltncoluton, N.C__ 344,
035
Hillsboroueh Co., N. H. 5 >7
441,
487
Hoboken, N.J ... *6, 146 Little Falls. N Y..........
.
583 , Holyoke, Mass....... 14«,
Llano Co., Tex............
343
243 39t Logan Co., Ohio..........
Hoosick Falls, N Y.140,’ 243 Long Beach. Cal.....344,
.
343 Housick, N. Y............
391
Los Angeles,
243 Hopkinsville), Ky........
1«6 Louisburg, N.Cal..........
C...... 147,
4*0 ; Hornellsville. N. Y.....
537
Louisiana, Mo..344,391.
Houston, Tex .140, 391,
Lowell, Maas.......... 441,
489 '
489, 683 Lowville. N. Y........441,
489 I H u d s o n C o „ N .J ___
487 Lucas Co., Ohio...........

441
635
489
344
635
48
146
487
342
581
344
537
441
198
441
589
90
146
342

489
635
581
441
583
389
537
537
441
441
391
439
391
636
583
391
583
583
6 0

441

58 <
58 a
489
294
636
108
146
538
036
439
441
344
581
583

582
292
636
583
583
583
344
146
146
P44
145
243
294
538
294
538
538
243
036
538
441
682
0 (0
391
.8
91
294
036
344
1*6
391
582
1P
8
140
439
489
147
030
583
441
536
344
538
480
030
480

THE CHRONICLE.

A pril 8. 1899.]

689

INDEX TC STATE AND CITY DEPARTMENT.-CONTINUED.
Lumberton. X. C.........
Luzerne Co. Central
Poor Dist.. Pa..... 489,
Lynchburg. Va__
Lynn. Mas*..... 147, 243.
Lyon Co.. Kan..... ......
Lyons. 111... .......___
Lyon* Twp. School Ms*
trict. lit....................
243,
M eComb, Ms*..... 294,
Mo O nellsvilje. Ohio,
Cb
243,
MeDowell Co-, K. C, - •
M Kinley Co . O . . .
c
fclu
Madison fix,Ohio...147.
JU
adistm N.J
,
__ ,,
Mnd.iionyUle, Ohio......
M Jlfid Wit.. , 4*1, 5 8,
iM t*.
M
ailne....... 1-8, 3i*f. 5 ft*
3 .
Malden. Mil
**................
wataro^eck, X. V......
Mamrbest-r, X, II.. .....
M&nkalo Kan................
Marietta, Pa...____....
Marietta Seh. Dirt., Fa..
Marlon. Ala ................
M borough. Ua#s. A 47.
arl
Manual on Twp.. Kan..
2t3.:591.
Mar?hall Co., Ala... 243
.
441,
Ma; -bail, Mich....... .
Martitubarg. w,v* 198.
Martin'* Perry. Ohio....
Maryland
.........
Maryvlile. Mo. ..............
M
aAon City Soh.
Iowa
.243.34*.
Co. School Ut*m
trtet No. L W ub..
M a«aehu*e<t*........«39,
&
N Y..........
Mmt.tOott. Ill................
M
atlooo School f>t*. trClvD! 1(7,344. 444,
Manefc Cbook. Pa,......
Mecklenburg Co„ N. a ,
„ „
»W,4*1.
Medford. Kwh ...........
M
e<iU. Pa, , , ?iM l&
, »t,
Medway. Ala.#......
Melrotc Sch. MiL Cal..
Memphfcii.Tenn..............
KerewQL Mo ..........
Mvriden. Conn...............
M i# u tt Ca, u&u.
i«W
Middletown, Conn_
_
M :<
l Jf*toT «. N.
*T
____

441 Mifflin Two. Sch.Dla^Pa. fS* Newark, Del................ 294
Millvale. Pa.......... 147, 24* New Bedford, Mass.294. 391
M il t o n Scb. Dist., Ore.,
New Britain. Conn......
2*4. 53S New Brunswrtc*. N J...
.
243
Milwaukee, WIs... ,214.
New Brunswick School
630
344.391, 441 District, X. J....... 48, 147
583
Newburu, N. Y.. 198.214, 391
1*8 Minneapolis, Minn. .344.
347
aw, 433 Newburyport. Mass..
New Det'atur, Ala.. 2*4, 291
294 Minneapolis School Dis­
trict. Mion...........
490 New Hampshire.....53*.
Minnesota .. ..244, 2 M
J,
P?8.
89L 487, C 4 New Hanover C ., N. CS
o>
391
M
issLseippl LeveeDlst.
29t 391
1 *7.
380
New Haven, Conn... 1 * 391
9C
4
,89
,*
& Mitchell. S.D............. 5*8 New J e r s e y ......487 5 » « .
»«
3I
5 * Mobile* Ala...-............i*&, 24*
581, G
2*4
If8 Monroe. La — ............ 584 New London, Conn.
:*-h Monroe, N C -....... *41,
New Mexico . 198,3**,
.
MontecHa 8cb. D Cat SI*
ist,.
«8«. 581
&s
■
Now Orleans, La... 2U,
fik- Moiugomerr, Al®.. 147.
2 M 441
a„
2 4 490
9,
*'81
>
2*'<MonUoroc/yC^, AbUM, *?4 New Orleans Drainage
0 -f, j District, La....
29t, 3»4
244 Montpelier. V?...... .
441 M oot r o w , M i n n . . , . . '9$, 391 | Newport, Ark....... .
24 ; Newport News. Va . ..
147
£ «*
>
> i Moore Co., >\C. .31*.
w
Newport. N. V
— £ , 8M
»d
3*i, 301. ft36 New Rochelle,X. Y. ... s a
147
v*3
3 47
Mown Co.. Ala.......98,
New Scotland. N. Y.....
m , m ,
58* Newton. l a ..............
*3rj
*45
Morsantotr. N. C-. . 198.
Newton, M ........ 147,
im
196
341, <41 Newton- N. J .................... S fc
681
S
Morristown, Tena... 1 * , *90 New York............
18
C4
3
538 Mount Airy. N-C • 1&*>
New York, N V. .97.144.
.
HU.
190
4*1
198, 244. 291, :-A sta ,
.\
29* Mount Healthy, Ohio... £S
>
441. 581
*
143 N
93' iP-um Joy, P*
iasrara Falls. X. Y.....
41
*8 Mount Vemon.X.7.294,
Nicholas Co., Ky.......... 58S
$ 1 4 . 3 9 1 , 4 (1 . 5 3 8 ,
m *
*»
8
M H Ohio............ 2*4, 5 4
Mmzct Vernon School
JfoWemlle School Dis­
$39 District. N. Y. ...9 0 , 108 trict. lad..................
»nn _
Muhlenberg Co- K jr...
4*7 Xorf ok. (V _ 108, 030
4* Multnomah Co.. Ore
*43 Norfolk. Neb.
14?
9*
4*7 Murfreesboro. S .C » I . 4 * Norfolk Sewer District,
its
Conn
131 Murfreesboro. Venn.
5*
.............. 1 4 7
0. .J
Norfolk. Y » ............... 117
V f i*rr*g*rv**tt, District
Nona AdiBi* M
as« <8.
of. It. I ...
98
5**
1*7, 10K 347., 538
*41 Nashville 8cb. Oitt, III. 4#Q Nort bampton. Mai*.... 24*
Nashville. Teen....4 0
*.
North Amiftrer, Mao.
345
* » f90 North Carolina ____442.
$,
400
s i
r«*Nassau O k. X. Y.W, 447, » i
490, *J , 681
M
Natick. M
aea
...
214 North Dakota . .295. 91.
53* Nebraska. 1 34A »39. ***
44, ,
487. 5 S
5*0 Nebraska CHy, Non..... 292 North Ka*t. Pa...... 48, 4 *
U>
«?HNcvoah,Wii . . —
S M Nt rthflrM. Minn . ....
01
M
Nelaen Ox, >\ I>....... .
« » North Providence. R. I. 295
147 NelijonVlila. Ohio,, it*. 29* North 8tonlnifton,Conn.
588 Norwalk. Coon...... .
147 Nato*o»b«. Kan.....
63*
«w Xeoabo. Mo..... .......
Vr
4
t*4 NorwaU. Ohio........... t Tt
91N
678
eva*.!a....................... 5*1 N«TWmxl. t lh lo ............

04
0

pokier. Ohio............ 490 Pitt Co., X. C.........4*2,
\_Jaknian. Ala............. 295 Pittsburg. Mount Alb­
Oakman School District,
ion Scb. Dist.. Pa.... .
Ala.,.................. 44$, 036 Pittsburg, Pa.........205.
Ocean Springs, Miss..
Pittsfield. Mass, ........
392 536 Pluttsburg School Dis­
Oconoiikowoc, Wis...... 295
trict, X. Y ................
Okiahomu...................... 5^6 P>
attsmouth. Neb.....
Oklahoma Co„ OkJa.....
147 Pleasant, Ohio. ____
Omaha, Neb...
. ..
97 Pleasant Ridge, Ohio,.
Omaha Sell. Dist., Neb.
,
-45,
117,21*. 392 Plymouth, Mass...........
Oneonta, A ...... 3*6, 41* Plymouth Scb. Dig., Pa.
>n
Oneouta, N Y ........442. 584 ; „ ,, ^
.
97,
Opelika. A»a . 2*4,345, 392 1Polk Co., Iowa.............
OijuawkJi. ill............... nr Folk Co.. Ten n.... ..... w
Orange Co., X. 0 ,........
490 ) Polk County, Wis.........
Orange. Mass,............... 3921
Polo Scb, Dist. ,1 1
1 .......
Orange Sett. Dlst.. Moss
< |Porttund. Conn.... ?-15,
90
t ’rug< n Cli y*Ore......
>
198 , Port of Portland, re...
Oregon, Wis...........44". S'-1' PouJrtiey, Vt.............
oronn, Me .. ............. t J l i Pratt Cfty. Ala .,,,. U 2,
JK
Otero Co.. N M x .......
.
31 Prebio Co.. Ohio..... —
2
Ota. Iowa—
24*1
Providence, K I__ 2 u,
.
Ozark C Mo................ 389
ou.
2i & 332,
.
Pueblo. Colo...............
Pulaski, Toon. ......
P mlueah. Ky........... 490 Putnam. Conn..345,401,
ale^tlne, Tex.....2*6. 6»6
Palo Pinto School Dls
686,
trict Tex______ *9 ',
6?0 Putnam Cu., III,.....-...
Parkersburg. W. Va___ 392
Paterson. X. J ..........
538 Q ulnov, Mass......**2,
Paulding Co , uhlo..442. 53?
ulncy.Micb ...... 49,
Pawtucket, ft I --- 147.
!t*\. 295 392, *90, C T> ulolgh iCity). N. a ,
37
Peabodv, >1a ? s ...............
lvs XV
205,893.491.
Peekrill o. Pa..........
14- , Itukdab «Twp.», X.C.4* ,
Peekskill. X. Y.442,401, 630 Huleigb School District,
Pelican Rapid? School
N.C....................,491
# District. Minn.......... 4*2 RaaiscV Co., M qq.. .49',
I
Pembina O x . X. D . .
636 Randolph, N. V............
Pender Co.. X. C ......... ivi Ravenswood Sch. DUt,
Peoria, m ...
2*4 1 IV, Vu
......... 2H,
Perry Co., Aia..$t4. 142, 638 Reading, Mass...... ......
Prt-M Co.. N. C.— 39$, 4w Reading, Pa ... . .244.
jn
i
Perth Amboy, N. j.. i*■ 196 Red Ltxlge. Mout.
,
Prt-kkey, Mleh ......
604 Reidsvllle. X. C.i47,538,
Philadelphia. Pa.tH, 147. IPS oono. Nev ..................
Phoenix. Aru .1 4 7 .
t*»I Rensselaer Co.,N.Y...49.
rlrk«'BiCowAla.......... $94 i Revere, Mips ...__ ...
fierce Co. Sch. DUt. No.
Rhinelander. WIs........
lu . % Y «eb.,.............. at,..
487 Rhode Island..............
flkeCo. Mo
...
1 5 Richmond CoMN. C .
4
-..
Pike >o..Ohio,............ 184 I Richmond. Ind..........
Richmond. Ya..... .......
Pilot Orovt* Twp.. Mo.
Cooper Co .......... 681 Kin (irande Co.. Colo....
Pilot Mountain. N. 0^
Ripley. Tenn... 214.4*2.
392. *42.
IPl i Roanoke, Ya..... ..
PUaa Co,, Art*............
141 Rochester. X.II.241,295.
Piqoa. Ohio ........
1*7 I
346,

LOANS.

NEW

Government a n d
Municipal Bonds
Bogota, Bergen County, N. J.,
Tbo Board of Kdneatiooof fhe CforbUcti of IkkOlf,
Bergen Co., X
w rewire sealed prop*n*aUnn
it*
Thursday, Aprft Lhh, W Q . «| S M P. >L. at ihe res­
idence of M P. W. Cane.
r.
N. J., f<-r Fourteen
&•**' 5jf Coupon Gold B
*>nd* with privilege of regl»*
(ration. The Brat to ho redeemed In Ten (10/ year*
and one |600 Bond haeach *nd every year ihereafter*
Proposal* to be addressed to t he Finance Commu­
te* o f th Board of Kda ration In care of the District
e*
Clerk.
The Comajttiee resarven tbe right (o rej«» e any and
all bid*.
V W CASK, }
. .
C H . HORTON, Committee.
P. F. fitO P P ffft. !
T H O M A 3 C. B A N N A . D U t r lr t a e t k .

Blodget, Merritt 8c Co.,
BANKERS

A W B A 1 S K M K N T S M A D E O B Q U O T A T IO N S
r C B X lS M B O F O B TH IS P U IK T IA S K . SA U K O B
K J X U A N t iK o F A B O V E SB C C H ITIK S,
l.I S T S

ON

A U P M C A T IO K .

N. W. HARRIS & CO.,

O w n e rs of O ld, Defaulted,
W orthless Railroad Stock s
and Bonds
C a n H»<1 n m a r k e t f o r , « n ( h y a d i l r c i n g

C,

\. H ., I', n . flax « j'd ,

HKSt> IlK-i KtiTION Off WHAT V<T(r'HAVK

E.

M U N IC IP A L BONDS.
0 . S t a n w o o d & Co.

1 1 Devonshire Street.
2
.

We Bnr nnd Sell X anldpal ^Tnds
1) «rem Southern and Western States;
o r abn hnaranteed Railroad Storks.
sr R O S F .M IK K U E K

bfl

A

L IV B in iO IlK ,

Nv w Y o r k ,

Rudolph Kleybolte & Co,.
B A N K E R S ,

3 1 N A M 8 A t’ S T . i B a n k o l C o m m e r c e B ld g .)

3H a n d W n l n n c H t r r e t o , C i n c i n n a t i , O .
L ltiT t*

H A IL E D

U PON

A P P L IC A T IO N *

State of Massachusetts....3s
State of Massachusetts....31s E D W D . C. J O N E S & C O
DKALER8 IS
Citv of Cambridge........... 31s
M u n ic ip a l, Railroad
Street R a ilw a y and Gas

Perry, Coffin & Burr,

BONDS.

6 0 S t a le S tr e e t, B o e t o n ,

HBW TORK
1 N ASSAU ST R E E T.
P H I L A D E L I 'I I I A . 421 C H E S T N U T ST.

PUBLIC SECURITIES

F. R. FU LTO N 8c CO.,

SUITABLE FOE

SAV IN G S B A N K A N D T R U S T
FUNDS.
LISTS MAILED ON APPLICATION.

Parson, Leach & Co.,
C IH C A O O .
1 0 0 O .a r b o r s 8 1 .

N E W V O ttK .
.13 X s » « » u 8 t .

M

171

B

u n ic ipa l

LA

o n d s

SALLE

,

STREET,

CH IC A G O .

Devitt, Tremble 8c Co.,
M U N IC IP A L BONDS.

T R O W B R ID G E,
M

a c

D

F irm N a tion a l (la n k B u ild in g ,

o n a ld

Sc N iv e r C
M UNICIPAL

C H I C A G O.
o

.

BONDS,

(S
pedahstgin T a S cu tle ),*
trx * e n *

4 0 W a ll S tre e t,

i3 o r v x > s .
L ego! U iv»'#tm «ni* f o r Saving* Bonks in N ow Y ork
and all N ow K nclond.

N o. 1 N n n n u S ir r c i, N ew Y o r k .

BA H K E K K I,

_________ B O S T O N . _

H IG H G R A D E

14 A N K E R 8 ,

13 Wnli airaat, s Cw V*rk.

RAILROAD BONDS

584
191
5S4
f 38
393
393
583
295
244
636
*43
244
103
584
487
312
*12
393
681
491
48*
44

State, Municipal, County, School

B O U G H T A N D SOLD.

16 C o n g re s s Street, Boston.
STATE. CITY i

im

191
5S8
3&
S

IN V ES TM E N TS .

8 7 ,0 0 0

5* C ou p o n Gold Bonds.

491
24*
3*5
392
392
**2
*?l
636
6S6
im
*S9
flgfi
*$
392
58*
1*7
584
58*
97
581
ID
S
I9l

1st Nat. Bank Bldg.

.

.

CHICAGO

W . D . Van V leck ,
35 N A S S A U

STREET,

.

.

NEW

YO RK .

M UNICIPAL BONDS.

THE CHRONICLE.

690

[VOL. L X V III.

INDEX TO STATE AND CITY DEPARTMENT-CONCLUDED.
Vicksburg, Miss......
Hoobftster, N Y...... 49, 893 Scotland Co.. N. C........ 342 Tauuton, Mass...... 148, 5P Vigo Co., lnd.......... 585
.
492,639,
5
149
Scott Co., Ky..........
49
Rockingham Co.. N. H.,
Vineland, N.
Neb..... 393.
U,
198. 295. 345. 44V 538, 581 Sea C B N. Y. . 49, 147, 585 Tecumseli,Seb. District, 585 Vineland Sch.J........N.J.149 685
.
Dist.,
Tekamab
Rockingham Co., N. C... 244 Seattle, Wash..145,190,
Neb.................... 442, 585 Virginia................. 190. 241
342, 682
Rockingham. N 0. .442, 491
.
487 Voorhees, N. J.......
487
Seneca. Ill .............. 245 Teller Co.. Colo...........
llock Valley School Dls241,487, 634
tnet. E
ft.................... U7 Shainokin Sch. Dist., Pa. 585 Tennessee.....'Dist.. Ga.. 585
Tennllle Sch.
149
Rockville Centre, N Y.. 585 Sheffield. Ala...246, 893, 442 Terre Haute, lnd......... 393 W adasboro, N. C......
.
aitsfleld, Vt..... 149
Shelby, la ............
148
Rocky Mount, N C..442,
.
638
.
491,
684 Shelby. N C........... 815, 442 Texas....................487, 536 Walker. Minn........ . 492
442 Walla Walla. Wash
Thayer. Kan. ......
49
Roscommon Co. Mich.
442 Sherman, Tex..............
296 Thtoodeaux. La.....442, 539 Waller Co., Tex.. ..... 638
Rotterdam. N. Y.........
491 Shinnston. W. V a......
Thomas Co.. Kan......... 296
Roxboro. N. C....... 296, 393 Shreveport, La....... 97, 296 Thomaston, Ga ..206, 393 Wallingford. Conn., 145,
245,443. 510
Sibley. Iowa........... 482, 667
Russell, Mass—
442, 638
687 Tiffin, Ohio......246, 393, 585 Wallingford Cent. Sch.
Rutherford Co.. N. C.... 491 Sing Sing, N. Y...........
Dist*, Conn......... 199,
Tillamook Sch. Dis.,Ore.
Rutland. Vt.............97. 637 Sioux City, la....97,145, 585 Tippecanoe. Ohio..... 49, 148
245, 443, 540
98
Solvay, N Y ................
.
148
C acramonto, Cal......... 681 Somerville. Mass........ 148 Titusville. Pa ............ 6<7 Waltham, Mass. 149,199, 2t6
Saginaw Co., Mich .198, 346 Southampton, Mass..... 8<5 Toledo, uhio.........442, 539 Wamego, Kan ........ 246
346 Wappmger’s Falls, N.Y.
South Bend. Ind..... —
148 Tom Green Co.. Tex—
Saginaw. Mien....... 295,
443, 585
6^9 Tonnwanda, N. Y......... 536
442.491. 538 Southbrldge, Mass.......
South Carolina ........ 292 Topeka Kan.......... . 245 Ward, Colo.................. 492
St. Albans Sch. Dist..
Travis Co.. Tex...........
199 Ware Co., Ga............... 199
W. Va...................... 198 South Dakota.........144,
98
199. 393. 487. 539, 634 Tremont, Me............... 037 Warren Co., Ky......
St. Augustine. Fla. .393, 442
Trenton, N. J.............. 539 Warren Co., Miss. .246,
South Hadley Fire Dist.,
St. Francis Levee Dis­
296. 582
539 Trenton, Tenn............ 492
trict, Ark .........4*2, 491 Mass.......................
3‘ 0
South Hadley, Mass..... 589 Trinidad. Colo............. 492 Warren, R. 1.........
St. JohnsburySch.Dist..
Troy, N. V.. .98,148, 199. 245 Washington.........292,
Vt........................... 21* South Norridgewock,
340, 394, 487, 53P, 540, 58 i
98
St, Joseph. Mich.......... 198 Me........................... 585 Troy. Ohio...................
Tullahoma, Tenn. ..585, 637 Washington Co., Ala.,
South Omaha, Neb...97.
St. Joseph Sch. Dist,,
394, 585
196, 536 Tuscaloosa Co., Ala.—
245
Mich ........
295
Washington Co., Ky.394, 492
582
Saint Furls. Ohio......... 686 South Orange, N. J......
inta
290
637 Washington Co., Me...
St. Puul, Minn...97. 147, 393 South Washington Sch.
U l?terCo., Wyo.......
Co., N. Y....148, 393 Washington Co., Ohio... 149
245
St. Petersburg, Flu...... 393 Dist., Pa..................
585 Umatilla Co.. Ore__199, 5*5 Washington Co.Railroad
Salem, Mass................ 295 Sparta, Wls................
Distiict, Ky.............. 145
296 Union Co., N. J ............ 199
Salem, Ohio................ 685 Springboro, Pa...........
Salem. Ore.............198, 538 Springfield, Mass....148, 19» Union Co., N. C .......... 296 Washington Co.. Tenn.. 199
Washington, Ind..... 49, 292
Palmas City. Cal.......... 491 Springfield. Ohio....345, 442 Union Co. Sch. District
Steolton, Pa................ f 85
No. I, Ore................. 539 Washington. Pa..... 199, 394
Saline Co . Kan...........
685
346
Saline Co., Mo............. 536 Stevens Co., Wash ..... 439 Union Co. Tenn..... 199, 442 Waterbury, Conn........
290 Waterford, N. Y.......... 149
Salisbury. N. C...... 442, 491 Stevens Point, Wls...... 037 Union Springs, Ala......
Stockton. N. J. See
United Stat s.............
536 Water'own, Mass... 199,
Salt Lake City School
296. 340. 394. 585, 638
District. Utah...........
342 Camden.................... 63» Upper Sandusky, 0..442, 637
Sturgis, Mich.............. 215 Upshur Co., W. Va..i**, 443 Water Valley. Miss__
98
San Antouio. Tex... 145,
1
98, 394 Watsonville. Cal........
147, 198 Summit. N J .............. 536 i rbana, 1 1
.
296
Utah.......................... 536 Waukegan, 1 1
1 ............. 340
Sumter Co., Ala.....346,
Sandusky. Ohio. .. .147.
442. 539 TJte, la........................ 148 Waverly, N. Y.............
638
SM
.&38, £85, 637
San Francisco, Cal ...... 196 Sunbury. Pa................ 539 Utica. N. Y......148. 245,
Waxahachie. Tex. . .. 196
394,443.492. 539 Waycross, Ga.............
443
San Juan Co.. Col ......
97 Sutter Co. Levee Dist.
3S Uvalde Co., Tex.......... 638 Wayland. Mass............ 540
9
Santa Clara. N. Y......... 295 No. 1, Cal.................
Swain Co., N C . . 142, 492
.
Wayne Co., Mich......
Santa Rosa Set. Dist.,
63H
Cal........................... 215 Syracuse N. Y.148, 245,
YTa’dosta, Ga............. 346 Wayne Co., Neb....... 49. 246
393,492, 539 Y alley Co., Neb......... 14* Wayne Co.. Ohio— 394, 492
SaraDac. N Y.......... 49,
97
Valparaiso, L . .. .
nd
49 Waynesboro, Pa..........
Saratoga. Ill................ 491
540
Sa dis. Miss.........
539 T'acoma, Wash.95, 190, 342 Van Buren Two., Mo.
Wavnesville Sch. Dis­
See Jackson Co......... 581
trict, N. C ...........296, 443
Savanna'i. Ga..............
49 1 arboro, N. C...... 346,
44V 482. 585 Vanderburgh Co., lnd.,
,
Schenectady. N Y. .2»5,
.
Webster Co., W. Va..... 443
149, 394, 582 Weehawken School Dis­
316,393,491, 539 Tarentum Sch. District,
Schoolcraft. Mich........ 539 Pa ................. 539, 617 Van Wert, Ohio........... 03?
trict, N.J.............346, 443
97 Vermilion Co., ind......
Schuyler Co , Mo......... S42 Tarrant Co., Tex..........
539 Weldon, N. C............... 413

, N V P s T|VM“ <j T S
'
G O V E R N M E N T , M U N IC IPA L
AND R A ILR O A D BONDS

C. H. W H IT E & CO.,

« s\t v

;~

Wellington, Kan— 394,
Wellington, Mo............
Wellsvdle, Ohio..... 216,
Wellsville School Dist.
No. 6, Mo..................
Westboro, Mass.....846,
443,
Westchester Co,, N. Y..
West Conshohocken,
Pa...........................
Westerly. R. 1..............
West Hoboken, N. J.149,
199
Westminster, Vt...---West Newton. Pa...246,
West Point, Neb.........
West Springfield. Mass
West Union. W. Va......
West Virginia.. 196, 489,
Wheeler Co.. Ore.........
Wheeling, W. V a.......
Whitley Co.. Ind.....
Whitman, Mass...........
Whittier, Cal..............
Wichita. Kan..............
Wilbarger Co. Tex......
Wilkesbarre, a.200,2*6,
Wilkes Co., N.C..........
Williams Co.. N. D. .444,
Williamsport. Md.. .149,
Willisi on Sch. Dis., N. D.
Wilmington, Del .. 394,
Wilmington,N.C... 246,
444,
Winchester, Mass...54<',
Windham Co.. Conn.....
Windsor, N. Y...... 492,
Winhrop Mass..........
Wisconsin......... 581
Woburn, Mass...98, 149,
Wood Co., Tex............
Woodsfleld, Onio— 98,
Woods n Co., Kan. 200,
Woodsville School Dis­
trict. N. H... .200,4 44,
Woonsocket, R. I....394,
444,540,
Worcester, Mass— 492,
Worthington. Ind........
Wyandotte Co., Kan.,
3*6,
Y azoo Citv, Miss........
onkers. N.Y., 149,200,
2P6. 585,
York Sch. Dist.. Pa......
Youngstown, Ohio.......
Z anesville, Ohio.. 340,
492,

443
296
443
439
492
640
246
038
246
686
394
240
246
98
487
389
389
98
585
246
98
292
394
439
68
540
585
510
498
585
340
540
200
034
540
682
444
340
585
585
6*0
280
*44
540
038
346
540
5*0

INVES T M E NTS.

TM h NTS.

TRANSMISSION R O P E .

RUTLAND RAILROAD CO.

C O R D A G E

4:*4% First Consolidated Mortgage
Gold Bonds,
HUE

JU LY

1ST,

1941.

BANKERS,

m

F u ll d e scrip tiv e c ir c u la r on a p p lic a tio n .

3 1 N A S S A U 8 T 11E E T , N E W Y O K K .

s

I

E. H. R O L L I N S & S O N S ,
l i t T t t l h s t i r o s t . H o u t o n . liln m* .

SPECIALTIES.
The American Man’f ’g G
o.

AG EN TS FO R T H E

67 W A L L S T R E E T ,

A N G L O -A M E R I C A N B A N K , l t d ,,
C h a r in g C r o s s , L o n d o n •

Individual Accounts received subjec
to check at sight in London.
Cable Transfers.

A D A M S

John

D B A L B R 8 IN

I N V E S T M E N T BONDS
M em bers o f B oston Stook E x ch a n g e .’

BANKERS,

No. 7 Congress and 81 State Streets

BO STON ,
60 D e v o n s h ir e S t .

BOSTON.

BONDS.

Street Railway and Gas Companies.
L I S T ON A P P L I C A T I O N .

County, City,

DEA LERS

School,

M U N I C I P A L and R A I L R O A D
SECU RITIES.
<1 BROADWAY

-

NEW YORK.

C. R. G O O D E & CO.
h i g h -g r a d e

B R I G G S , T O D D & C O .,

IN,

w a r r a n ts

C IN C IN N A T I.

O H IO .

THE

L a m p r e c h t B ros. C o.
C entu ry

1st National Bank Building, Chicago.
Correspondence solicited.
R e f e r e n c e , F i r s t N a t i o n a l B a n k , C h ic a g o .

BONDS.

A L W A Y S ON H A N D .
Send f o r ou r In v e stm e n t C ircular.

Bonds.
Whann & Schlesinger,

Nuveen & Co.,

INVESTMENT BANKERS,

Securities Netting: from 3 ^ to

State,

C h o i c e I Amu p h .

BONDS.

M U N IC IP A L

MUNICIPAL
RAILROAD
CORPORATION

YORK.

M U N IC IPA L

BANKERS,

M A S O N , L E W I S & CO.,
C H IC A G O ,
17
l L a S a lle St.

NEW

db C O M P A N Y ,

Bu lld lnit, C L E V E L A N D , O H IO ,
D E A L E R S IN

MUNICIPAL, RAILROAD,
STREET RAILWAY & CORPORATION

BONDS.

P ic tlln g ir o m 4 t o S£.

L IST S SE N T UPON R E Q U E S T .

1 WALL STREET NEW YORK.
5

In form ation g iv e n a n d Q u o t a t io n s fu r n is h e d c o n ­
c e r n in g ull classes o f stock s and b o n d s t h a t h a v e a
Cleveland m arket

D U K E M. F A R S O N . Banker.
Municipal Ronds.

1 S ‘J D e a r b o r n J H t r e a t
C H IC A G O .

C A S H PA ID F O R
K a u n a s m u n ic ip a l B o n d s in d e fa u lt,
W i c h i t a m o r tg a g e * , d e f a u lt o r not,
W ic h ita or S ed g w ick Co. R e a l E s ta te ,
F o r e c l o s e M« r t g a g e s , e t c .

DEAN GORDON, Financial Broker
W IC H IT A ,

KANSAS.

S. A . K E A N ,
II UN IC l PA L A N D O T H E R
S E C U R IT IE S ,
132 L a S a l l e S t r e e t . fL .irn .g o .

B ankand T ru s tC o m p a n y S to c k s 7
N e w Y o r k and B ro o k ly n
osj
4*1
BO U G H T

AM O SO LD .

536

C L INT O N G I L B E R T f
■1 W A L L S T . ,

NEW

YO RK ,

/ !
4l

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