The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
I
.
.
.
TV
;
.
1
financial
V
INCLUDING
Bank and Quotation Section (Monthly)
Railway and Industrial Section (Quarterly)
Entered according to Act of Congress, In the year 1905. by William
A
weekly newspaper entered at Post
VOL.
Office,
New
B.
and City Section (semi- Annually)
Street Railway Section i^TJt^ C8 )
State
Dana Company,
SATURDAY, AUGUST
81.
In the otMoe of Librarian of Congress,
Dana Company,
York, as second-class matter— William B.
12
k ending
•(
II
Clearings at
1905.
2094.
Augutt 5
Inc. or
1904.
C
N. T.
St.,
NO.
1905.
—
2ptc Chronicle.
Washington, D.
Publishers, 70>^ Pine
1902
1903.
Dec.
PUBLISHED WEEKLY.
Terms
of
Subscription
—Payable
Advance
in
For One Year
For Six Months
$10
0<>
6 00
13 00
European inscription (lncludlne postage)
European subscription six Montns (including postage)
Annual subscription in London (including postage)
Six Months subscription in London (including postage)
.-
7
£2
£1
60
14s.
lis.
Subscription include* following Sections—
State and City (semi-annually)
Bank and qcotation (monthly)
P.2ULWAY and Industrial (quarterly) street Railway (3 times yearly)
Ooston
ITovidence
Hartford
144.969.014
6,184,100
8,067.202
2.212,505
1,648,946
1,877,42a
1,666.335
802,802
,
New HuvenSpringfield
Worcester
,
Portland
Fall River
Ixiwell
New Bedford
,
Holyoke
New Ens land
Total
I
118,287,521
6.O24.HO0
3,285,140
2,108.453
1.270.205
+22-6
+1-8
1.1.71,723
4-193
+211
117,669,052
5.857,200
2,630.297
1.685,851
1,400,064
1.039.141
1.158,501
804.761
518.445
410.157
829.341
400,470
528,472
457,146
611.508
510.373
411,052
525.109
+312
-215
-r-27'3
125.212,941
6.040,500
2.013.062
2.019.513
1,421,553
1 5H4.090
1,590.937
087.817
431,257
507.511
103,278,973
135,892,753
2
142,005.714
134.018,410
191.158,665
23,429,800
13.859 951
12.753,807
7,775,514
6.353,244
4,800.000
4,317 ,S79
2,775,180
2,889,802
1,647 774
101,285 312
24.299,800
18,502,398
+20-4
155,227,332
21.741,000
15,008,250
11.414.807
0.923.061
0,172.827
4,626,100
3,520,397
2,710.498
1,992.327
1,602.888
1,133,814
020,100
672.702
755,224
057,420
484,948
597.837
363.308
424,472
393,423
874,200
319.209
251,507
243,405
202,032
90,103
154,822,234
18,970.100
14,693.030
11.303.025
6,846.840
4,917.896
4,207,150
3.679.730
2,595.250
1,523,727
1,062.582
995.788
696,500
623,823
551.508
1.044 009
-00
+20
+298
-13
+20
403.533
|
Terms
oi
Advertising
—Per
Chicago
Inch Space
Cincinnati
Transient matter per inch space (14 agate lines)
(
k»—.
-*.„_ Business
t>
4„»- . p.«i.
Cards
Standing
)
Two Months
Three Months
g^ Months
,
(
Twelve Months
(8
(13
(-0
(52
.$4
times)
times)
tunes)
times)
22
29
50
87
20
00
00
00
00
Pine Street, Corner
ot
Week Ami in
,
'leieoraph.
august
12.
York.
1904.
10,098,807,835
104.984.0SS
90.934,416
Boston
Philadelphia.
Baltimore
Chlcaeo
6t.Iouis
New Orleans
17.56s ,613
131.407.815
40,895,888
11,516,327
Seven cities, 5 days
Other cities. 5 days
Total
all cities,
All cities, 1
Total
The
*l,515.4'.i^.U12
305.9U1.423
5 days...
11,821.453.435
878,242.289
day
all cities
for week.
J2.1 99,695,724
full details for the
oungstowu
Kalamazoo
Lexington
Canton
Itockf ord
Springfield.
...
Uloomington
yuincy
Decatur
4793,516,812
91,725.640
68,701,893
14,906,604
161,205.946
42,649.278
8.955 ui.
$1,181,751,776
265,112,618
-
$1,440
296,953. 130
Mansfield
Jacksonville
+144
+32-4
+178
-6T
-4-1
+28-0
wild be
furnish thern to-day, clear-
1904.
New York
Dec.
1,022.1'
00.540
Albany
14.827
19.00.-,.
4.9-1.1
1
28
6.2
4.0
--4PH
--30-9
4-28-2
1003.
1902.
+230
+ 10-0
—9-0
—268
+25-9
—13-2
4141.041
-81
801,041
329,880
197,3110
-0-9
+0-8
+57'b
208,857
+02
210,771)
281.908,140
214,117.199
37,382.60
0.211.769
29.055,918
6,268,540
4.320.028
2,705,086
i
Joseph
Denver
Des Moines
Sioux City
St.
+155
239,1123,400
231.784.979
--59-1
20,230.782
6,144,36
4,491.245
+28'
--00 8
2,003,1.72
--2P1
2,070.467
2,974,592
704,040
500,000
204.219
2,255,510
1.674,248
802,001
898,561
240.350
--18 4
+25-5
—17-1
3,491,045
2,100,883
1,558,182
432,501
417,117
227.622
uU, 141,833
51.1 18.086
8
51,057.473
42,332.970
22,583,436
13,680.051
8,428,015
5,993.840
4,148,270
0.010,232
21,592.020
+4~
23,050,271
12,214.280
20,858,794
11.689 713
0.550 140
5,104.880
4,359,043
3,784,323
2.447.053
1,195,837
1,140,086
980,757
500,410
470,919
1,073,266
432.208
500,000
Colorado Springs
Cedar ltaplds
Fremont
359,521
Pueblo
--47
+7 7-7
— 12-1
-(-35
+9-2
12,45
6.311 324
+335
3.4
4,970,850
2,130.318
1,055,260
1,0
875.381
l.oiii 30J
484,687
4 38-8
4,1 3 7. -158
4,332,952
5.004,315
2,151,054
903,871
—52-2
1,2411,77
+20
+47
b
+J-1
+19
—10
207.522
4-26'S
to tal.
153,400.788
59,240.093
+7"
+4-0
Louisville
11.570,828
10,91
46.831.913
10.315,282
10.142,003
5J656.844
3,641.000
3,939.093
2.245,775
42,293.712
8,918
9.1K
6.000,000
1.774.500
3,752.999
Houston
lo.r.
+01
147,616
2,8
4,388,946
3,552.500
4,052,779
2,883,612
2,768,448
2,381 6S5
2.94
2,69i
Norfolk
1.8!
1.425.871
Fort Worth.
Birmingham
1,924,351
1,404.449
1,1.
1,01
Knoxville
1,271
1,05
Augusta
1,841,281
e
>t<m
5.303,000
4,800.000
4,178,668
Richmond.
Mivannah
Memphis
8,
Atlanta
viiie
Rock
+•221
+49-8
+ 185
-r-47-5
+17-7
2.71
4-W8
2.192.762
4-9-2
i
+ 301
l.«m.402,S1]
924,821
1,078.651
219,195
878,035
748.432
207,047
1,031.795
Not Include
410.031
Mobile
73.488
839,1.
.
.0,843
1,209,
•27.'
1
1,07.1.77.7
965,
07.
+409
1,068,617
709,258
+3-5
745.116
717.392
+87
-
1.81
605
77;.
3
827.153
552,949
4 1.T1
-17
.1
in to tal.
08,557,854
80.1
17.975
+41-0
+9-3
.; 951
2,100,000
Halifax
Ottawa.
i
-{
19,1
27,7o9,U35
1,71
.
aiiciuver
l.«
lam litem
l.o
Victoria
'
IS 149.841
B.01H
2. II
2.0 In 76*
911
1,478
16
+31-
+ 13-2
1,11
1,1!
John.
Ixmd'in
'loi
IS-(
l.
Bt.
+58-1
l,68i
1,81
Canada—
Ouebec
488.197
1,892
2,61
-j-37'7
+32
4-19-8
100
l '." i,i
2. 090, o-l
2.030.H33
1.453.113
1,601,08
791,187
Macon
\
+82^
145,793
+ 121
Toronto
Winnipeg
408,601
174,103
Not include d in
46.720,815
1.3.
W&.3M3
480,45:
+22-4
00.88 1,882
170
401.107
8
408 395
48,04,1,897
6 1, 13"
1 11,21
472.101
7
1.029.366
571.002
+0-9
687238,418
Montreal
816.915
480,40
-
Total other West'ro
Louis
New Orleans
1.03
597,200
6,0
+3-8
5.773.32a
St.
2,1
1.260.708
tal.
tal.
3.893356
1,459,416
495,703
Total Southern
Total all
Outside New York.
I
484.218
418.812
337.130
883,231
333.23 L
270.578
357.499
181,254
208,158
103.745
70,287
4,11
6.872, 765
4,512. I Si
2,328.1 91
Wichita.
212.'
789
475 202
22.608.079
4.651.209
3.921.019
4.025,387
2.804.240
1.882.817
1,190.715
685.475
439,879
273,650
f'ol'imbus, (in
1,249,434,101
in..-
1.011
miiuri?
frie
ranmlln Pa....
Total Middle..
Kansas City
'
4-22-8
ter
Fargo
Sioux Falls
Total Pacific
Ihattanooga
Jacksonville
1.0
..."
Helena
8.817,674
1.&
rre
lamum
Tacoma
4,00
:
'U
1
Lake City...
Spokane
46.1
Entrain
Washington..
+28-8
-24-8
+3-9
Charleston
at—
Philadelphia.
r
lreh
Baltimore
.
Portland.
Little
5.
+ 19-4
+237
,
Topeka
Davenport
en next Saturday. We cannot
being made up by the clearing houses at noon on v
and hence in the above the last day of the week has to
be in all cases estimated, as we go to press Friday nighl
\N e present below our usual detailed figures for the previous
week, covering the returns for the period ending with Saturday noon, August 5, and the results for the corresponding
week in 1904, 1903 and 1902 are also given. Contrasted with
the week of 1904 the total for the whole country shows a gain
ol 41 '0 percent.
Outside of New York the increase over 1904
-3 percent.
is
CUariiujs
,
+154 Omaha
St. Paul
4-27-4
546,82
332,235
415,340
-11
+•14-6
+35-2
+20-2
+18-4
11,684
88,917 +25-5
890,681 Not include a iii to
378,903 Not. include d in tu
Wayne
South Bend
Total Mid. Western
Minneapolis
+25-U
64:»,855
—80
+20
+21-1
+09
I
Seattle
4-38-4
7,702,518
6.424,093
4,189,400
8.192,690
2.308.403
1,959,092
1,831 100
1,137,235
530.400
839.273
432,808
678,136
250,574
Ann Arbor
Fort
10.5:13. .71
209,3' 2
,
Jackson
San Francisco
Los Angeles
?1, 743. 847,524
Week ending Aug.
,
408,400
872,621
585,005
752 32S
583^009
400.083
418.086
360,435
387.485
298,393
332,531
811,144
,
week covered by the above
gi\
Ill
\
Salt
New
1,464,98'
Evansville
NEW YORK.
1905.
Columbus.
Toledo
Akron
The following table, made up by telegraph, etc., indicates
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, August 12, hare
been (2,199,685,724, against $3,535,073,486 last week and
$1,743,847,524 the corresponding week last year.
— Btl/mrns uy
Indianapolis.
Springfield.
CLEARING HOUSE RETURNS.
L'U<irin-js
Milwaukee
Grand Rapids
Dayton
Pearl Street,
Box US8.
Detroit
Peoria
CHICAGO OFFICE— Pliny Bartlett, 513 Monadnock Block.
LOXDOX UF± ICE— Edwards & Smith, 1 Drapers' Gardens, E. C.
1V1LLIA.H B. DANA COMPANY, Publishers,
Post Office
Cleveland
B
KM
•4,173
.HI
'000
THE CHRONICLE.
582
[Vol.
lxiil
m
Government crop
THE FINANCIAL SITUATION.
The week has been notable
cotton,
the extreme pessimism
a
in
is
reporting, so
transition
as
far
The
state.
it
relates
to
old channels for
to the public from month
to
month
which has
respecting that staple have been in a considerable
peace growing out of the deliberations of the present measure put aside and substitutes adopted which do not
Kussian and Japanese Congress; the expectation of a meet the conditions of the problem and give results
settlement has appeared more doubtful in general esti- incapable of intelligent comparison with former years.
mation than at any previous moment. As the week ends, The change is a laudable attempt to eliminate evils that
however, and Japan's proposals have been delivered, the established themselves, and before discovered had
idea of breaking up within a few days and going home got a lusty growth inside the department.
In the
with nothing accomplished is less popular. Indeed, it is excitement over this discovery and when the wrongdoing
quite possible now that the discussion will be prolonged, by employees was believed to be more widely extended
and if the war situation should for any reason look more and of a worse type than has as yet been proved, the
desperate to the Eussians, and the revolutionary spirit in new arrangement was establised.
No doubt making
Russia become more uncontrollable both of which may merchandise of the figures about to be given to the pubfor
imparting information
reference to the prospect of
prevailed with
—
happen
may
at
any time
—better progress towards a settlement
be quickly attained.
If asked
why has
the feeling of pessimism been so gen-
and furnishing previous knowledge of them for a consideration to dealers and speculators is thoroughly viclic
and
ious
treatment radical enough to put an
calls for
we should answer that the two belligerents are absolute end to the practice. That has been accomwrongly placed and do not appear here in their correct plished, and if it covered the whole situation no
characters.
That seems to be the result of the circum- criticism would be required.
In making the new
eral,
stance that neither party
has
differences
settle
is
A
suing for peace.
not
brought
desire to
arrangements,
antagonists so
the
however,
the
exterminated
completely
forms
old
as
put
to
have
been
the
new
was the opinion of the nations of the world results out of relation to the figures of past years.
that the war had been continued long enough; that and This is a great loss and was done because the iconothe initiative of the United States have led up to and clasts had in mind the existence of another practice
induced the conference. Russia has not the remotest even worse than the one described which they wished
her thought is that to reach ; we mean the preparation an«t> issue of false
idea that she has been whipped
Japan is nearing that situation. Exhaustion, she cotton crop reports with the intention of deceiving the
urges, is her test of the struggle, and Japan is public
That, we are pursuaded, never was done there
strenuous for peace because she is nearing
that is no real proof of it and no temptation for such work
Russia's reliance and boast is that she has mil- could exist.
state.
The Government figures are merchantable
lious upon millions of undeveloped resources which she because they possessed the known quality of being corhas not touched yet, and that her people are ready to rect; and to intentionally make them false would make
Her claim of these them unmarketable and valueless.
sacrifice all if the need arises.
boundless resources reminds one of the Southern colored
We would not lay stress upon this point were it not
man our readers have all probably heard about who that the individual judgment the personal element
was upbraided for not finishing his job. The reply was, which is essential to correct cotton-crop reporting had
there's plenty of time for that, massa.
Why, it is been put out of existence by the Department's new arMoreover, it seems probable that the new
only noon now, the day is only half gone, and there is rangements.
to-morrow "that is not even tetched yet."
One can system was designed for and intended to remove the
readily see that the offer in each of these cases is equally feature of personality in crop reporting, it being assumed
unsubstantial and visionary, the promisor back of the that it would lead, or had led, to the production and issutogether.
It
—
—
;
—
offer
rities
being in both cases without credit, while
proposed lack the exchangeable and
—
ties
incidents inseparably
the secu-
mobile quali-
appertaining to
the
money
market.
that the
Put
in Euclid.
pessimism prevailing at of
the opening of the Russo-Japanese Congress and the be-
a speedy end of the deliberations
is
much
less
general since the substance of Japan's offer of settlement
The
has become known.
truth
those
is,
pr oposals de-
Thursday are a marvel.
from a belligerent who has never lost
livered to the Russian envoys on
Coming, as they
do,
is,
cotton-crop reporting
never was and never can be demonstrable like a problem
must be a
We have said above
lief in
ance of untrue reports. The truth
—
it
live
individuals,
into that shape
thing.
and
and
it
has no value.
It is based only
can
these
It
on opinions
be interpreted not
and averages, but by &
an individual of good judgment, thorcontrolling mind
oughly familiar with the kind of information he is handby simple addition, subtraction
—
ling.
Very
been the
likely
the kind
of
work we
system supposed by some
to
refer to has not
be in use in the
and made to its antagonist, who Department. Many people not in the trade very likely
has in the struggle become incapacited for further war- have assumed that letters of inquiry were sent out to a
fare by its losses in men, material, and credit, they seem vast number of correspondents, and that the report made
like an actual harbinger of peace.
Japan has thus proved to the public was an exact aggregate or average of
herself not only first in war and first in clearing the way to the contents.
There have been statements recently
an honorable arrangement, but that its diplomacy is that of issued by the Government which seem to wara battle on land or
a master.
that
sea,
One very important
point she
has gained
is
she has deprived Russia's representatives of the
opportunity to
ditions harsh
fire
that nation by pronouncing the con-
and by going home
peace on such proposals impossible.
the intention, but
it
in
a week, declaring
That seemed
has been thwarted.
to
be
rant that interpretation as the
We
new system now
in use.
have in mind the statement which claimed that
ters for
let-
information were sent out to seven classes of
South and the responses from these seven
sources were separately aggregated, which aggregates
were again brought together and a final result obtained
citizens in the
and issued
for the public use.
If that
is
the present pro-
—
THE CHRONICLE.
Attg. 12 1905.1
should not the seven separate aggregates be
giTen to the trade T Buyers and sellers of cotton are as
fully capable as the Department is of adding or averag-
why
cess,
ing them as
seem
not
in that
need
the
way
may
become
to
We
more luminous.
far
number seven was made
that the mysterious
would
be; the report, too,
any significance attaches
that
suppose
a
of the population of the Southern States.
do
to the fact
divisor
the
We
presume
imparts a cabalistic air to the ar-
was accidental. It
rangement which tlie curious might
it
r>*h
be inclined to take exception to what he said, either from
economic standpoint,
or an
an ethical
laid great
lie
—
upon the advantage and merit of self help
In the
favorite theme of his, and good doctrine, too.
last
analysis, he argued, the factor most influential
stress
determining any man's
in
sura
own
man's
that
of
qualities
—
knowledge,
his
The wage-earners belong
and courage.
foresight, thrift
must ever be the
success
the same category as other classes of the population in
in
and everything possible should be done to
encourage a spirit of self respect, self restraint and self
est in lollowing up.
reliance.
The individual "must stand up manfully for
The boycott in China on American goods has come as his own rights; he must respect the rights of otha gre&t surprise at all industrial centres of the world. ers;
he must obey tho laws and he must try
Kicking back in that quarter was the last thing any to live up to those rules of righteousness which are
We and the other nations above and behind all laws." The only remark that can
white man had anticipated.
of the world had become by long habit accustomed to say be construed as having even a remote reference to the
to China do this and do that and they have done it; to estab- miners' organization and its work was his declaration to
own sweet
our
lish at
and even
influence,
a certain inter-
find
will within her borders
spheres of
occupy and take possession of the
to
best of her domain, until these depredations under a long-
custom, submitted to by China, grew into a
continued
leading nations of the
inherent in the
kind of right
Suildenly and without any warning China has
world.
Western
that respect,
"I strongly believe in trade unions
the following effect:
wisely and justly handled, in which
connected with them
to benefit those
by
I
to
desire
a
believe
try
do
to
injustice
is
not accompanied
wrong
or
duty of capitalist and
the
it
the rightful purpose
others.
to
wage-worker
seek one another out, to understand each the
to
and people by declaring in that other's point of view; and to endeavor to show broad and
way,
emphatic
most
by a boycott, that she is no longer kindly human sympathy, one with the other." It will be
to be trodden upon; that she will treat other nations no observed that there is nothing militant in all this.
In
better than they treat her.
fact it is the kind of advice that might come from a mildThis modus vivendi, new for China, has assumed mannered dominie any Sunday morning.
It would not
shape in her relations with the United States by taking be at all strange if strike talk should be at a discount
issue with the barbarous methods that have been used in hereafter.
At any rate, the public mind is now greatly
startled
rulers
She
enlorcing the Exclusion Act.
wants her trade
the United States
treat her people
virtually says that
visiting
it
if
must no longer
our country in the
manner
it
....
relieved.
,ff
There
0*<
i
is
~»
<*i
occasion for felicitation over the bright pros-
Wu
Ting Fang, formerly the Minister pects of abundant harvests the present season. The new
Washington, in an interview at Pekin pub- Crop Estimating Board of the Bureau of Statistics of
lished in the "Sun" of August 10, states that the move- the Department of Agriculture, which now makes up tho
ment against Americans was thoroughly organized, and monthly report of condition, issued its August report at
has been doing.
of
China
at
participated
He
Chinese.
the depth of
the
representative
adds that the extent of the movement and
manifested not only included mer-
feeling
cantile classes
whom
by the best and most
in
but others, and even women, on
existing regulations
Merchants,
travelers
all of
pressed with severity.
noon Thursday, bringing the results down
those
yields of
The
month.
the current
three
figures
to
the
first
foreshadow very large
leading cereals
—
corn,
oats
wheat, provided that no untoward developments
now and
between
Of course
harvest time.
of
there
and
occur
is
still
and
others, time fer considerable damage to corn, but as regards
who, while nominally admittable under the Act, wheat and
oats large yields
would seem to be
are forced to undergo examinations, have been detained practically
assured.
Even as concerns corn, the
by
the
authorities
amined, compelled
in a
common
pleasure
for
while
to consort
shed, unable to
credentials
are
being ex-
most serious damage
of
perience)
communicate with
an early killing frost
friends,
without being even allowed to secure the services of any
one to protect their interests which were being invaded
in a word, subject to indignities
We
period
with a low class of coolies
would
The Bureau
seem
is
except
past,
always among the
that
possibilities.
report confirms the advices of private par-
ties in showing that the condition of corn improved durwhich no American would ing July, the average August 1 being stated 80, against
submit to.
hope the boycott will be successful not
only in correcting the method of executing the Exclusion
Act but also in correcting many features of the Act.
87*3 July
1,
which
On August
1004.
latter
was
the whole President Roosevelt
average August 1
average was only
78-7,
and yet that season the United States harvested a corn
gave sound, tem- average
perate and sensible advice to the anthracite coal miners
in his speech at Wilkesbarre on Thursday.
The matter
also the
1 1903 the
crop of 2,244 million bushels.
On
be
to
(judging by past ex-
that the
of
condition the
1905 yield
million bushels.
On
the basis of the higher
present year,
it
is
estimated
be between 2,000 and 2,700
Last year's corn crop, it may be rewill
some importance because apprehensions had existed called, was reported as
2,407 million bushels.
Whether
some unguarded utterance of his might be used by or not the extreme figure
given shall be realized, present
the Miners' Union as the pretext for the inauguration
of indications are that the 1905 corn yield will be one of
is
of
lest
another strike like that which proved so disturbing in
1002.
From the newspaper accounts of the speech, it would appear that the President took particular pains not
give
to
ground
all
for
anything of that kind.
general in their
Eii remarks were
nature, and we doubt if any one will
the very largest on record
if
there are no adverse devel-
opments.
The
oats crop will also be one of the host ever
the average of
made,
condition for that crop August 1 1905
being given as 90-8, against 8G-G August 1 1901, 795
THE CHRONICLE
584
August 1 1903 and a
900
would appear, the yield
year's oats orop approximated close to
The
present season,
Last
ten-year average of 83*7.
it
million bushels.
The winter-wheat
well above that figure.
will be
yield
is esti-
[Vol. lxxxi,
union at Hartford that
compel a sub-contractor to
non-union men. While this strike may
discharge his
delay building
time,
it
it
operations
not expected
is
in
that
certain
directions
will
it
for
a
otherwise have
mated by the Department itself at 424,400,000 bushels, any serious consequences. The defeat of the strikers
which compares with an actual harvest (according to the is accepted as a foregone conclusion.
This
Agricultural Bureau) of 332,935,346 bushels.
New dividend and interest distributions are still the
shows an increase of over 91,000,000 bushels. But the
The feature in railroad affairs, and we have an indication the
spring- wheat crop also promises to be much larger.
Bureau gives the lie to the reports of damage present week of the prosperity which Southern roads are
from
when
industriously
so
rust,
only
indicates
it
spring wheat
a
during
circulated
July,
impairment
slight
of
enjoying, in the action of the Central of Georgia By. with
reference to dividend distributions on
month, giving of income bonds.
Last comes, the first
the average August 1 89*2 against 91*0 July 1.
the
year the average August 1 was 87-5, but subsequently 84,000,000,
in
condition
during
issues
There are three classes of these inpreference incomes for amount of
second
preference
incomes
for
the
prospects were seriously blighted and September 1 1904
its different
and the third preference incomes for
saw the average down to the extraordinarily low figure $4,000,000, making, therefore, $15,000,000 altogether.
of 66*2.
Thus far in August nothing has occurred to The first preference incomes have had dividends of larger
luggest the likelihood of any serious impairment the or smaller amount for many years, but it was not until
present season.
The agricultural prospect is favorable, Oetober 1904 that the first payment was made on the
for instance, the con- second preference incomes, and this amounted to only
too, in nearly all other respects
dition of pasture August 1 being 96.1.
We need say 2 per cent. The third incomes have never had any renothing as regards cotton, as the Bureau makes no re- turn. Now the company has declared the full 5 per cent
on the whole three classes of incomes, calling for $750,000.
port on that crop at this time.
Earnings of course fully justify the step. In fact the inSubstantial reduction occurred in July, as in June, in come of the company has increased in a very noteworthy
the output of iron, and this circumstance no doubt lies at way the last three years.
Thus gross earnings for
the basis of the renewed activity in the iron and steel the twelve months ending June 30 1905 were $10,135,markets which is now again noted. The "Iron Age" 055 against only $7,750,691 three years before, in
computes the make of pig iron for July at 1,741,935 tons, 1901-02, while the net income in the latest year was
as against 1,793,289 tons in June and comparing with $2,965,453 against $2,151,855 in 1901-02.
After allow1,963,717 tons in May, 1,922,041 tons in April and ing for the fixed charges, a surplus for dividends retons in
March. What looks like
an mained on the operations of 1904-05 of $854,517. The
1,936,264
unfavorable feature on the surface is that stocks of dividend call for the three classes of incomes, as already
the so-called merchant furnaces have again increased, stated, is $750,000, leaving, therefore, a balance over and
$7,000,000
—
But comparisons above
notwithstanding the reduced output.
of this kind
may
The
the present.
the
be easily misleading on occasions
addition to stocks was smaller than in
month immediately
Allowing
preceding.
the requirement for the purpose of $104,517.
like
for that
There was no change in
rates of discount by
official
any of the European banks
week, and, compared
this
made by the with last week, unofficial or open market rates were
merchant furnaces was really larger in July than in firmer at London, easier at Paris and steady at Berlin
June, the comparison standing 601,618 tons against and Frankfort.
569,140 tons. Moreover, we see the "Iron Trade BeThe notable features of the statement of the New York
of
Cleveland notes that while there has Associated Banks last week were the large loss of $3,797,view"
in
the
stocks
held by the 100, instead of the expected gain, in cash; an expansion
been an increase
merchant furnaces, reports indicate that large sales in loans to the maximum on record, and a decrease in
have been made for future delivery and both the the surplus reserve of $3,142,450, to $12,163,525. The
"Iron Age" and the "Iron Trade Beview" regard it as a statement of this week should reflect, among other items,
factor of considerable importance that the United States the transfer hither from San Francisco of $210,000 and
fact, the
apparent consumption of the iron
has announced
Steel Corporation
market as a purchaser
The "Age"
says
it
is
of pig iron for
it
may
re-enter the
hence to
New
Orleans of $350,000.
September delivery.
understood that with
its
furnaces
There were
York banks
this
week indications
in the
payment by
New
to the Sub-Treasury of considerable sums for
running at the present rate, the Steel Corporation is
drawing upon its stocks at the rate of about 20,000 tons account of their correspondents that the indirect moveper week, and that if this continues, the level of what is ment of money for crop purposes had begun. In order to
considered safe as to its stock of iron will be passed. The avoid the expense of the transportation of currency from
whole matter, therefore, resolves itself into the question of New York, early in the crop-moving season, banks who
the probable continuance of the
forms of iron and
demand
which constitute
steel,
products of the steel companies.
signs
of any
let-up.
for the finished
An
Here
the
there
Government funds instead of remitNew York Sub-Treasury their receipts from
of internal revenue, in excess of the amount
are depositories of
chief
ting to the
are no
collections
unfavorable development, of for which the banks are bonded,' retain such excess and
Government's requirements by directing their
International Association of Bridge and Structural Iron correspondents in this city to pay over, out of their
Workers against the American Bridge Company, and balances on deposit therewith, the sums representing the
course,
is
the strike which has just been ordered by the
which,
it is
estimated, will involve about 10,000 working-
men.
The
strike
ican Bridge
had
its
Company
to
origin in a refusal of the
satisfy the
excess receipts.
Amer- meet
The cash
requisitions from
the
is
thus
interior
obey the demand of a local ents in the agricultural sections, and
made
available
to
banks' correspondits
indirect transfer
.
THE CHRONICLE.
Atjo. 12 1905.]
manner above indicated,
of the season's movements of currency.
constitutes
heuce, in the
Money on
at the
and
part
Stock Exchange durhig the week
at 2 per cent
averaging a fraction more than
at 1 J per cent,
1
j{
Banks loaned at 1% per cent as the minimum,
On
but no business was reported by trust companies.
Monday loans were at 2 per cent and at 1$ per cent,
per cent.
witli the
bulk of the business at 2 per cent.
and
transactions were at 2 per cent
at 9 per cent
business
and
2
at
Tuesday
li per cent, with
Wednesday loans were
On
the majority at 1$ per cent.
On
at
If per cent, with the bulk of the
at
per
On Thursday
cent.
and
transactions
is
585
money here
and it is asserted that
being transferred through exchange drafts to London,
tion of this
it
representing bankers' balances, loaned
call,
.
where
less desirable
can be employed to better advantage.
it
Bankers
who have observed the movement do not regard it as important, for the demand for exchange for this purpose
seems
be intermittent, indicating that
to
it
is
dependent
upon market conditions, purchases being generally made when rates are low and the inquiry relaxing
when rates recover. There was some demand this week
chiefly
ior sight drafts
finance
incident
and
bills,
it is
the extension of maturing
to
expected that such operations will
become important towards the close of the month.
received at the Custom
House during the
Gold
week
with the $19,107.
li
On Friday loans were at 2 per
majority at If per cent.
Nominal quotations for sterling exchange are 4 85.J
cent and at If per cent, with the bulk of the business at for sixty day and 4 87J for sight.
Bates for actual busiTime contracts on good mixed Stock Ex- ness on Monday were unchanged, compared with those
2 per cent.
change collateral were quite freely offered for all periods on Friday of last week, at 4 8480©4 8490 for long,
until Thursday, when a firmer tone developed as the re- 1 8655©4 8660 for short and 4 8680^4 8690 for cables.
sult of a better inquiry irom speculative interests, and the On Tuesday the tone was heavy at a decline of 10 points
feature was a rise in the rate for over-the-year loans to -1 for long, to 4 8470©4 8480, of 5 points for short, to
were at 2
cent
per
per
at
cent,
per cent, against 3£ per cent early in the week.
Quota-
8650®4
4
8660, and of 10 points for cables to 4
8675©
3^ per 1 8680. On Wednesday, while long was unchanged
and
ninety days, 3i
4 per cent short was 10 points lower at 4 8640'S>4 8655 and cables
for five to six months.
Commercial paper is in good were off 5 points, to 4 8670®4 8680. On Thursday
supply, with a moderate demand, and rates are 4'S)4^per there was a recovery, long advancing 5 points, to
cent for sixty to ninety-day endorsed bills receivable, 4 8475^4 8185, short 15 points, to 4 8655©4 8660, and
ty'aty per cent for prime and 4i®5 per cent for good cables 10 points to 4 8685®4 8690. The market was
tirm on Friday at an advance of 10 points for short and
four to six months' single names.
tions at the close
were 3 per cent
for sixty days,
per cent for four
cent for
for cables.
The Bank
of England rate of discount remains un-
The
changed at 2 J per
cent.
sixty to ninety-day
bank
The open market
rate at Paris
Berlin and Frankfort it
cable reports
bills in
London
at
2'®2£ per cent.
1£ per
is
The following shows daily posted rates
discounts of exchange by some of the leading drawers.
cent,
and
Fri..
Aug.
is
£5SG.82G bullion during the week and held £36-
Our
297.329 at the close of the week.
correspondent
was due to imports of
£100,000 (of which £100,000 from Egypt and £60,000
from Malta), to exports of £150,000 (wholly to South
America) and to shipments of £597,000 net to the infurther advises us that the loss
terior of
DAILY POSTED RATES TOE FOREIGN EXCHANGE.
at
2£'S2J per cent. According to
our special cable from London, the Bank of England
lest
for sterling
Great Britain.
lirown
Brothers
Baring,
&
J
60 days
Co. (Sight..
( 60 days
Co. (Sight..
Bank British
5 CO days
No. America.. J Sight..
Bank of
j 60 days
Montreal
<Sh?ht..
Canadian Bank ( 60 days
of Commerce. (Sight..
Heldelbach.Ick- j 60 days
elheimer&Co ( Sight
Lazard
i 60 days
Freres
{Sight..
Merchants' Bk. 1 60 days
of Canada.
JSioht. ..
Magoun &
.
4.
65*
87*
4 85*
4 87*
4 85*
4 67*
4 85*
4 87*
4 85*
4 87*
4 85*
4 87*
Ttjes..
Wed.,
Aug.
Aug.
7.
4 85*6
4 87*4
4 85*
87*
8.
9.
Thur..
Aug.
85*
87*
85*
87*
85*
87*
85*
87*
85*
87*
85*
87*
85^
87*
85*
«7*
85*
87*
85*
87*
85*
87*
85*
87*
85*
87*
85*
87*
85*
87*
85*
87K
85*
87*
85*
87*
85*
87*
85*
87*
85*
87*
85*
87*
85*
87*
85*
87*
4
4
4
Mon..
Aug.
FRI.,
Aug. 11.
10.
85*
87*
85*
87*
85*
87$
85*
87*
85*
87*
85*
87*
85*
87*
85*
87*
86*
87*
85*
87$
85*
87*
87*
85*
87*
85*
87*
85*
87$
85*
87*
8470^4 8480
and 4 8695^4 87
The market closed on Friday
The foreign exchange market was dull and heavy early
in the week, growing more active and stronger on Thurs- long, 4 8665®4 8670 for short
day, influenced by a better demand.
The closing on cables. Commercial on banks,
Monday of the London market will account for the in- documents for payment, 4 83^4
4 835®4 83£, cotton for
activity on that day, and the business was chiefly confined ment,
1
8450, and grain for payment, 4
to commercial bills against cotton, of which there was the
at 4
for
for
4 8440*0)4 8450, and
Cotton for pay8485.
acceptance,
8480®4
4 8440'S)
8185.
usual good supply early in the week.
These, however,
were promptly absorbed, and, in the absence of a demand
for remittance, rates for all classes of
exchange
fell ofl
on
was heavy on Wednesday,
security drafts and also by a
The
to
movements of money
Xew York banks.
following gives the week's
and from the
interior
bv the
the following day, and the tone
influenced
by offerings of
renewal of operations in finance
bills
firmer rate for over-the-year money.
encouraged by a
On
Thursday the
market recovered and then there was a noticeable demand
for short which was partly attributed to requirements for the
remittance of the proceeds of the Japanese loan that was
negotiated in April,
having been traced
Btated in the
of this loan
after
its
to
which were bought
it was
bankers acting for Japan,
OHRONIOLE
which was
negotiation
market on
some of
call
of
Week ending Aug.
Received by
11 1005.
Xet lnttrior
Movt
Shipped bv
Hanks
X. V. Hank*. X. r.
Currency
Qold
Total gold and legal tenders.
With
the
10,119,000
743.000
S3.111.
$6,891,000
83,700,000
592,000
i
Gain. $3,035,000
150,000
Gain.
(lain.
"0
'.!-.".
Sub-Treasury operations the result
as
is
follows.
the bills
June 10
turned over
that the balance
by
the syndicate
in
our
The
de-
had been temporarily placed
with banks and trust companies.
cline in the rates for call loans has
now made
the reten-
Week endtno Aug. 11
Out of
Into
1905.
,tks.
ll'inkt.
Banks Interior movement as above
^ub-Treasury operations
Total gold and
log-il
tenders
...
16.801,'
i'i'
)
13,7'
(Jain.
Qaln.
130,341,000
the
i
18,18
I,os»
Vi.000
The following table indicates
the principal European banks.
v ohan
Hank lli.UUngs.
amount
of
i.i-
i
i
00
bullion in
THE CHRONICLE,
686
low as $25,000.
Aug. 11 1904.
Aug. 10 1908.
[Vol. lixxi.
In the second place, the Act provided
M*nkof
fcgland
#rmnoe
...
(vmsii;
Gobi.
Silver.
£
£
Silver.
£
£
lotal.
£
3«,297,82»
34,066.069
34.956.059
118.243,407
44,408,739 162,646,146 107,926,848
11,806,000 47.483.00U 34,0113,00(1
44,946.601 152,873,401
6,889,000 118.897,001'
04,788.000
8,658,001) 103.443,000
118.008,000
ftwala.
£
Gold.
36.297.8W
88,897,000
.
Total.
11,909,0011
46.034,000
Aiut.-JJiin.
48.793,000
12.724,000
89,817,000
48,307,000
12,061,000
58,368,000
Spain
14,898.000
22,286,000
37,181,000
20,228.000
iUly
24.821,000
3,306,700
27,827,700
14,749,000
18.130.00U
Netheri'ds.
6.492,800
6.199,600
12,692,000
8,479.700
6.420,700
34,977.000
21,300.500
11.900,400
Nat. Bets..
3.280,000
1,640,000
4.920.000
8,141 ,8*!
1,570,687
4,712.000
8,176,800
Tot. week.. ;i99,1^7,2*i 108,313.939 507,441,176 (59,539,935 109,030,428 468,570,363
Tot. prer... 398,921.008 108.706,624 504,627,032 358,047,628 111.015.049 460.662.677
for the
refunding of a good part of the public debt of the
United States by the issue of the new two per cent con*
sols.
This change was favorable to the growth of cir-
new bonds a3 the basis for the
notes carrying a relatively low premium in place ot the
old issues of bonds, many of which had commanded a
very high premium
that is, less of the investment now
culation, since
furnished
it
—
has
to
be tied up in premiums.
In the third place the
:
new law
allows the
banks
to
issue
notes up to
the par
value of the bonds deposited, whereas before the limit
—
was only 90 per oent. Finally and this was the most
important change of all the 1900 enactment provides that
CIRCULATION.
on deposits of the new twos the tax on circulation shall be
"So feature of modern financial history in the United only one-half of one per cent per annum, as against the
States is more noteworthy than the way in which the one per cent previously imposed.
outstanding circulating notes of the national hanks has
It will be seen that we have here some broad and far-
THE INCREASE IN NATIONAL BANK
The fact that the in- reaching alterations in the conditions affecting
has been going on month by month and year by and the desirability and profitableness of the
been added
crease
year
—
We
a familiar one.
of course
is
few years.
to in the last
that to most persons
imagine, though,
of
taking
out
As
notes.
national
the banks
operation
associations
are
has come as a surprise to find that
obliged to deposit Government bonds as a preliminary to
upward move- organization, the increase in the number ot such associament is still continuing in progress at the same rate as tions made an expansion in circulation inevitable in any
before—in fact, at a somewhat larger rate. In the month event and the added inducements offered under the new
it
in face of the large previous additions the
just passed
—July—
was almost nine
standing notes
the further increase, for illustration,
million dollars, raising the total of out-
to
over 500 million dollars
—$503,971,395.
law for taking out notes furnished a
in
same
the
extent to
One
direction.
further stimulus
still
hardly
appreciates
the
which new banks have been organized except
This covers both the notes secured by bonds and those when confronted by the actual facts upon an examinasecured by legal tenders; but as the latter really repre- tion of the figures.
On March 14 1900 the aggregate
sent notes in process of retirement (for the taking up of number of national banks in the United States was only
which the legal tenders have been deposited), the latter 3,617. To-day the number is 5,772, showing an addimust be deducted in order to get at the total of circula- tion of over two thousand 2,155. At the earlier date
tion voluntarily being maintained.
On July 31 the the authorized capital was $616,308,095. Now it is
—
amount
of legal tenders held by the
Government
for the
redemption of note3 in process of retirement was $32,355,624, leaving, therefore, $471,615,771 of live circula-
On
tion.
this last basis
To
all this
has been added the influence of the action of
It will be
the Secretary of the Treasury.
remembered that
in 1902, when stringency developed in the money market
and the Government was at a loss how to reduce its acwe cumulating cash, Mr. Shaw so construed the statutes as
comparisons with previous years
movement.
furnish a true guide to the course of the
Going back
$807,622,875.
January the present year,
•find that the aggregate of notes secured by bonds at that
to find permission to accept other classes of bonds besides
time was only $431,841,785, making it apparent, there- those of the United States as security for Government
fore, that in the seven months since then the addition has deposits in the banks.
The purpose of course was to enbeen almost 40 million dollars. Extending the comparison large the volume of these Government deposits in the
<still further back, the contrast becomes yet more striking.
banks, thereby returning to tlie channels of trade some
Taking, as a starting point, March 14 1900 the date when of the moneys which the Government was withdrawing
the
new
to the first of
gold-standard
bill
became a law
—
—
it is
discovered
that at that date the aggregate of outstanding bonds
was
no more than $216,374,795, as against the present
total
from them by reason of the large excess of
over
its
current
bonds referred
disbursements.
to,
The
its
receipts
other classes
of
however, were only accepted on one
and distinct condition. The Secretary announced
than five and a half years the volume of the outstanding that he would allow the substitution of bonds other than
circulation based on bonds has more than doubled, the U. S. bonds for part of the two per cents held as security for
addition reaching over 255 million dollars.
Government deposits, provided that the U. S. bonds
of $471,615,771.
I
Secretary
Shaw
In other words, in this period of
is
generally
quite
titled to chief credit for this great
able
way
to stimulate the
in every
taking out of
new
many.
At
Act
March 14 1900
the outset
it
just mentioned
In
notes.
should be observed
cir-
conceiv-
however, the contributing causes have
reality,
of
considered as en-
expansion in bank
and he has certainly sought
culation,
less
been
that the
made
the basis of
new bank-note
circulation.
The
policy
then inaugurated has been undeviatingly
Shaw
pursued ever since, and Mr.
no opportunity
to
get
their outstanding notes.
the
banks
For
has
to
lost
add
and
is
losing
to the total of
instance, in the official an-
August 25
$1,500,000
for
4 per cent coupon gold temporary certificates of indebt-
and the inducement for the subsequent expanThat Act made some very material changes in edness
the iUws with regard
to the organization of national
Vb&nking institutions and the requirements concerning
In the first place, one of the amendments
circulation.
ought
thus released should be
furnished itself nouncement inviting bids on
tihe basis
'sior
express
to
encourage
the
formation of
small
banks,
authority being given for the incorporation under certain
conditions of national banks with
minimum
capital
as
of
the
Philippine Islands, there
is
repeated the
declaration contained in previous offerings of Philippine
bonds
—namely
that the
new
obligations will be accepted
by the Treasury Department in substitution for
United States bonds now held as security for deposits on
at par
condition that the
Government bonds thus
used as security for additional circulation,
released bo
&c
Aug.
12
1
THE CHRONICLE.
905.]
There has been
another circumstance operating
still
to
promote the increase in bank circulation and which latterly has been an extremely potent element in the same.
We refer to the diminution of Government deposits in
This diminution
the national banks.
changed aspect
longer
no
of
the result of the
is
The Government
Treasury finances.
contending with accumulating revenues.
587
promote speculation, both on tho
Stock Exchange and in commodities, and it makes the
It tends to
blessing;
country peculiarly liable (as events have demonstrated)
on
to a drain
its
stock of gold by Europe whenever tho
latter fiuds it necessary to
Moreover,
metal.
was
it
replenish
supplies of the
its
now
true
as
is
as
when
the doc-
to provide tor recurring deficits.
announced that the poorer currency tends
to expel the better, even though for one reason or another
the operation of the law may lor long periods of time be
mauds upon
held in abeyance.
is
Ou
the contrary, the problem
its
it
now
faces
is
how
That is to say, the decash resources have for some tinio been
running in excess of
tiie
into the public exchequer,
new
AVith the drawing
down
trine
its
it
hence necessary
for
deposits in the banks.
GROWTH OF SAVINGS BANK DEPOSITS IN
NEW YORK
a large amount
of these deposits
Government bond* previously held as security for the
same has been released, and the banke finding them no
longer available for obtaining Government deposits have
used them as the basis for the issue of new notes.
The
circumstance will be understood when
we say that on August 1 1905 the aggregate of Governof this
STATE.
It is a gratifying fact that the deposits of the savings
of
importance
first
supplies of cash coming
making
draw upon
Treasury to
the
which
institutions
of this
keep steadily growing,
State
totals rising to larger
and
still
larger proportions.
come
returns for July 1 have just
official
they establish
new high
aggregate of deposits
records in
is
now
The
hand and
to
directions.
all
the
The
excess of 1£ thousand
in
was only $65,- million dollars ($1,252,928,300), while total resouices
715,119, against $163,047,061 so held on December 1 reach $1,367,692,595.
Of course, no one any longer seriously contends that
1903, a decrease, it will be observed, of over 102 mil-
ment
deposits held by the national banks
the deposits of the savings banks represent
lion dollars.
Naturally, the question which comes up
whether, in
is
or
even principally the savings
view of the tremendous expansion in circulation that
facilities of these
has already taken place, the Secretary will be justified in
aontinued resort to extraneous methods, so as to add still
the
further to the
volume of
notes.
Some
erroneous ideas
are
institutions
more prosperous
accounts in several
poor.
The
extensively used
many
classes,
the
of
exclusively
banks, owing
of
to
which limits deposits in any one bank
these
by
carrying
the requirement
to
the
sum
of
Govern- $3,000. But whatever their source or ownership, these
accumulations of
ment deposits.
notion prevails quite widely that a deposits unquestionably constitute
call upon the depositary banks for a portion of their Gov- wealth, and in this sense their continued expansion is a
ernment funds means the permanent transfer of a corre- feature of the highest encouragement.
sponding amount of money from the banks to the TreasThe fact which attracts particular attention in con-
prevail as to the effect of the drawing
down
of
A
ury, diminishing to that extent the moneys in the channels
nection with the
latest
returns
is
the
magnitude of the
commerce; and that hence an increase in bank notes is increase recorded for the last twelve months. The adnecessary to offset the loss incurred by commerce through dition to the deposits during that period has been no
the operation.
If Government receipts were running in less than $86,836,856.
In no previous twelve months
of
Government disbursements, as was
gain reached anywhere near so large an
For
the year ending July 1 1904, for instance,
effect.
With Government revenues, however, falling below the expenditures, the increase was only $53,672,892, and for the precedthe money withdrawn quickly comes back to the banks ing two years ending on the same date the additions
again.
As a matter of fact, while Government deposits were, respectively, $60,729,366 and $64,067,378. Many
between December 1 1903 and August 1 1905 were theories have been advanced to explain the exceptional
reduced, as already stated, from S168,047,061 to $65,- amount of gain in 1904-5.
The "New York Times"
713,119, the aggregate of cash held by the Treasury in its sees a connection between it and the decline in trades
own vaults was increased only about 6 million dollars, Gov- union membership and the diminution in strikes. It
ernment money holdings being now $151,034,309, against says that savings in preceding years were smaller be$144,793,558 on December 1 1903.
Strike
cause the opportunities were not availed of.
In the same interval the addition to national bank followed strike, and thousands were voluntarily idle. Inexcess of
the case a
few years ago, that might be the
circulation
new
has been
Moreover, through
gold production, and in other ways, there have been
volume of money
afloat, so that,
according to the Treasury compilations, the aggregate
money in
of
August 1 1905 was $2,604,902,301,
as against only $2, 119,168,418 on December 1 1903.
Taking the figure at March 1 1900 (which was just
beiore the enactment of the law of March 14 1900) we
find that the aggregate of money in circulation then
was no more than $2,002,931,791. Thus, in less than
five
circulation
and a half years the
600 million
figures.
Is
there
Obviously,
these
them
need of continuing
swell the
amount?
has
addition
anything in
dollars.
artificial
measures
are
to
to
been
over
stupendous
suggest
still
the
further
There are indications of congestion
and it should be remembered that
in various directions,
redundancy
in the circulating
the
amount.
.$88,597,287.
further additions to the
has
medium
is
not an
stead
money
of putting
out.
money
in
It also refers to
bank they were drawing
the large number of trades
unions which have been dissolved because of their nonsuccess,
and points out that savings bank
parently thrive
There
when unions
deposits
ap-
languish.
what our contemporary says,
and hardly too much emphasis can be laid upon this
aspect of the matter.
There can bo no doubt that the
absence of strikes the present year on the scale in which
is
force
and
logic in
they have existed in previous
union
able to
years, with the decline in
membership, has been a feature distinctly favorNor can it be
the growth of savings deposits.
denied that labor conflicts aro
always detrimental and
involve large losses to the wage-earning classes.
nevertheless true that there have been other contributing causes to the growth in deposits besides the
It is
unmixed diminishing prominence
of
strikes.
Not
the
least of
THE CHRONICLE-
588
been the change in business
these favoring agencies has
|
adequate employment, the fact
Vol. lxxxi,
made mani-
sure to be
is
and industrial conditions. Activity and prosperity are fest through such a method. With this purpose in
now the dominant characteristics, where in the preceding mind we add another table, constructed to show (1) the
twelve months all our industries were in a state of in- aggregate increase in deposits for each of the last twelve
activity, and the country was passing through a period of years; (2) the interest credited and paid during each of
Look hack two years and see wiiat the the years, and (3) the net increase over and above the
trade reaction.
A
great shrinkage in interest credited.
In this way the influence of the varywas on July 1 1903.
of prosperity or adver
values was taking place on the Stock Exchange and the ing conditions from year to year
negotiate
new
impossible
sity
almost
to
absolute accuracy.
can be traced with
railroads found it almost
The
loans.
As a result of these circumstances and the strikes result is really very striking, as will appear from the
situation
—
—
and
few
annexed statement.
Let the reader ponder well the significance of the foremonths subsequently suffered an almost complete colOther branches of business also experienced a going computations. In the twelve months ending July
lapse.
In the last 1 1904, when the Stock Exchange was in the dumps,
set-back, though not to the same extent.
half of the calendar year 1904, however, a turn for the when business was depressed, the addition to the deEevival developed in the iron indus- posits of the New York State savings institutions over and
better occurred.
in the buildings trades, the iron
try
and
steel industry a
also in other branches of husiness
—
at first slowly
but soon with accelerating pace, and when 1905 came
business
was
in full
swing again
and
in every direction
above the amount of interest credited was only $15,596,724.
On the other hand, in the twelve months ending
July 1 1905, with business once more active and Stock
and buoyancy was once more in Exchange values again on the up grade, the increase in
deposits over and above the interest credited was nearly
the ascendant, and has held sway since then.
With business increasing in every direction and three times as great, reaching $45,088,411.
the old spirit of activity
strikes diminishing, the
well-to-do,
and add
found
it
wage-earning
possible to lay
classes, as also the
by some more money
The
accumulations.
effect is
seen in
the very notahle increase in the deposits of the
savings
to their
banks already referred
The
to.
contrast in the particular
mentioned between the twelve months just passed and
much more
marked than appears from the face of the returns. The
mere fact that the late year's increase exceeds that of all
previous years would not in itself signifiy much. It must
the twelve
months preceding
not be forgotten that there
is
is
really very
a natural increment from
Year
Increase
in
Deposits.
ending
July 1.
Interest
credited
Net
and paid.
increase.
$
1905
1904
1903
1902
1901
1900
1899
1898
1897
1896
1895
1894
86,836.856
53,672,892
60,729,366
64,067,378
65,540,212
63,638,319
71,230,801
45,737,631
26,391,946
45,816,883
...38,321,867
Loss. 11. 987.228
Labor agitators and
41,748,445
38,076,168
35,942,167
34,189,610
32,606,746
30,3S8,274
28,485,173
27,351,276
25, 88 1,032
24,958,727
23,394,269
22.386.365
S
45,038,411
15,596,724
24,787,199
29,877,768
32,933,466
33.250,045
42,745,628
18,386,355
510,914
20,858,156
14,927,598
Loss 34,373,593
politicians often affect indifference
to the state of affairs on the Stock Exchange, claiming
year to year representing the dividends received by the
that transactions in that mart are of no consequence to
and that with the aggregate
the business and laboring world.
In the figures just
and largely advancing, this in-
depositors on their deposits,
of the
deposits
steadily
we
given
see
how
The importance of that
can be no doubt
While the deposits now are
crement concurrently increases.
fact is apt to be overlooked.
close the connection really
is,
for there
that the reaction in trade in 1903-04
followed directly as the consequence of the great shrink-
$1,252,928,300, eight years ago on July 1 1897 they
age in values on the Stock Exchange, with the accomwere only $741,474,845. The yearly increment has adpanying loss of confidence in the stability of things on
vanced in an almost equal ratio. We have prepared
the part of financial and mercantile classes, while on the
the following table to emphasize that feature.
It shows,
other hand the restoration of confidence in 1904-05 had
it will be seen, that while in 1896-97 the interest credits origin in the recovery in values on the Stock Exited for the twelve months was only $25,881,032, for
change with the inauguration of a new era of activity
1904-05 the corresponding credit was no less than
and prosperity.
$41,748,445.
SAVINGS BANKS OF
NEW YORK
Total
resources.
S
July 1 1905.. .1,367,692,595
July 1 1904.. .1,275, 189, 168
July 1 1903. ..1,221 ,425,002
July 1 1902.. .1,167,683,337
July 1 1901. ..1,105,076,764
July 1 1900.. .1,037,869, 160
July 1 1899... 968,978,167
July 1 1898... 889,250,317
July 1 1897... 839,671,900
July 1 1896... 806,751,427
July 1 1895... 762,511,230
July 1 1894... 721,547,892
of
accounts,
deposits.
S
1,252,928,300
1,166,091,444
1,112,418,552
1,051,689,186
987,621,808
922,081,596
858,443,277
787,212,476
741,474,845
715,082,899
669,266,016
630,944,149
It is thus obvious that if
of prosperity and
No.
Total
The
STATE.
•
Interest credtied and paid
during year,
£
2,513,570
2,406,660
2,327,812
2,229,661
2,129,790
2,036,016
1,930,849
1,823,627
1,768,415
1,732,382
1,654,427
1,603,533
we would
41,748,445
38,076,168
35,942,167
34,189,610
32,606,746
30,383,274
28.485,173
27,351.276
25,881,032
24,958,727
23,394,269
22,386,365
an interesting way the
and shows that the pres-
table given also depicts in
characteristics of previous years,
ence of trade depression
in the savings
figures.
almost immediately reflected
Take the
table,
year in
namely 1893-94.
currency through silver additions.
to there
earliest
That was the
panic, following prolonged debasement of our
the foregoing
period of
bank
is
was no increase
In the year referred
at all in the deposits, but actually
a decline of $11,987,228, notwithstanding the crediting
of $22,386,365 of interest during the twelve months.
TEE ORGANIZATION OF OCEAN
COMMERCE*
trace the influence
and of concord, in
the laboring and the business world, we must make
adversity, of strife
J. Eussell Smith, Ph. D., Instructor in Commerce at
allowance for this expansion in the yearly increment. the University of Pennsylvania, has recently published a
In other words, it seems desirable to deduct from the treatise on the organization of ocean commerce which
aggregate increase in deposits each year the amount of condenses into the brief space of 147 pages practically
said yearly increment.
larly
draw out each
six
Of
course some depositors regu-
months the
interest
the whole theory of sea trade.
which their merchant commerce has played so
account has earned, this constituting their means of livelihood and support, but if the draft in that way has been
larger in any given period, by reason of strikes or in-
In England, where
vital a part in the his-
oThe Organization of Ocean Commerce, by J. Russell Smith, Ph. D.,
Instructor in Commerce at the University of Pennsylvania. Published
for the University, Philadelphia. 1905.
Ginn & Co., selling agents, 28
Beacon
St.,
Boston, Mass.
Aug. 13
THE CHRONICLE.
1905.]
tory of the country, the subject is better understood than
scarce.
Such
it is here, although the literature on it is
It is
589
a complicated world puzzlo to bring together the
and the freight so that the one may bo most profitand the other most economically carried.
employed
ably
The work is done by a complex structure of shipbrokers
than of the theory on which they are worked, while the and steamship agents so bound together by telegraph
charter trallic, which moves a vast tonnage of raw ma- and cable that, like a spider's web, if touched by anything of importance at any point the whole structure
terials, is scarcely treated of at all from a theoretic standThe successive moves of each
vibrates with the news.
point.
Dr. Smith does not make the mistake of dividing up his ship the author compares to the game of chess, because
The shipowner
discussion of ocean commerce country by country, but ho ol the watchful planning for the iuture.
ships
u History of Merchant Shipexcellent books as Lindsay's
ping" treat rather of the physical growth of the lines
keeps the entire world and
the
mind
oceans constantly before
all its
and shows
of the reader,
logically the causes that
lead the owner of a chartered vessel, or tramp ship as
it
is
glad to arrange a voyage that will release the ship in
a good location to secure freight, but he
iier
is
loath to send
regions that are devoid of freight, and rates are
to
more commonly called, to accept a cargo from India made accordingly. Thus the possibilities of two, or even
or Java to New York at a relatively lower rate than he three, voyages enter into the decision of the rates for one.
will to London, and the effect of a bad harvest on charter Lacking cargo, the vessel must take ballast to steady
If every port in the world had a her, but rather than do so the tramp ship can afford to
rates from New York.
large trade, made up of a wkle variety of articles, shipped carry bulky cargo very cheaply; so it happens that coal,
in fairly even quantities throughout the year, there would and sometimes ores, are carried practically as ballast
is
probably be
such an
but
no vessels operated singly;
even and dependable commerce only exists, so far as
it
substitutes at, or
Under these conditions,
Welsh mines has been carried from
the
Cardiff to
that in independent vessels is decreasing.
profit.
the world ocean the bulk of the
very small variety of articles
may
while that, again,
the year.
most
It is
—
commerce
limited to a
often to a single article
;
be a raw product, cheap
and heavy, which must be carried at an extremely low
rate in order to
move
wheat paid
fifty shillings
at all
;
and
this class of
work can-
not be done by the carefully organized line of vessels, but
and gave the shipowner his
Dr. Smith shows that the distribution of coal by ocean
carriage
may
in
most cases be considered a by-product
Cheap
of the charter traffic.
be shipped only during a part of semi-ballast method
likely to
San
Francisco for eight shillings a ton, while the return cargo
of ports upon
is
run-
the product of
of
many hundreds
less than, the actual cost of
ning the ship.
exists at all, in the great commercial ports like New
York, Liverpool, London and Hamburg, where the percentage of traffic in the line vessels is increasing and
In a vast majority of the
even
coal
to countries
is
sure to
come by the
that export a good deal
more than they import. Cardiff coal is lower at Constantinople than at the Madeira Islands, and very much
lower at Buenos Ayres than at Cape Town.
The
author
an
devotes
chapter to this
entire
question of
and works as a coal supply.
Because of the prevalent steamer traffic of the present
Such vessels
unit wherever there is work to be done.
carry a large share of the world's trade, and are utilized day, which has supplanted the former sailing vessel
falls to
for
the charter ship that
any freight that
may
is for
hire
go in ship-load
lots.
This
of commodities, of which grain
is
services, there
are
ocean routes, like those of the land,
and branches, or feeders, which
most important; then come minerals, ores, coal, nitrate leave the main ocean thoroughfares and reach out to the
of soda, lumber, raw sugar, etc.
islands or to the ports of the more isolated arms, gulis
The economies of the charter steamer fall under three and bays that indent the continents. The great basis of
classes
construction, navigation and management. The international trade is the exchange between the regions
steamer is built on a sort of general average model, de- producing manufactures and
producing raw
those
signed to hold much cargo and burn little coal rather material and food hence, Western Europe and Eastern
than to make high speed.
The modern charter steamer North America, as the great manufacturing centers for
in her model bears a strong resemblance to the cubical the rest of the world, lie at the end of the leading ocean
true of a long
list
is
the
consisting of trunk lines
—
;
form of a section of a squared
log, instead of
having the routes.
bows and curved ribs of the fast line steamer.
For freight carrying, there is a point of equilibrium in
speed above which additional speed costs more in outlay
fine
adds in income and below which a lessened speed
than
it
costs
more in
operating
loss
of earning
expenses.
tramp steamers
is
At
power than
it
saves in
The English Channel
sense, be considered
and
New York Bay
routes.
of food
of
the
as
as
the
As North America
and raw materials
ocean
trunk
origin
the
is
to
routes
an almost
can, in
origin
European routes
of the American
of
also the greatest exporter
Europe, the most important
connects Eastern
America with Northwestern Europe.
about nine knots an hour, and a
Next to the North Atlantic in importance
characteristic ship cited
present
the
usual speed
literal
North
for
by the author carries as cargo
some 5,500 tons of freight on a coal consumption of 22
is
the
iterranean-Asiatic trunk route, passing from the
Gibraltar
Med-
Straits
around the Continent of Asia to Japan.
economy the Kaiser This route the great thoroughfare between the East
Wilhelm II. burns 750 tons a day in carrying 20,000 and the West; has many feeders; from Africa to the
tons of freight and 1,888 passengers.
The coal con- East Indies and Australasia, Spain, Italy, Greece, the
sumed by the Kaiser Wilhelm II. in one day would Black Sea, etc. At Colombo vessels for Calcutta, Madrun the tramp ship, with more than one-fourth as much ras and Burma turn northward into the Bay of Bengal
freight and one-twentieth the crew, for 31 days, and and the Australian mail steamers turn southward across
cany her from New York to Liverpool and back to New the Indian Ocean. Tlio South American trunk route
Orleans.
The tramp boat carries no passengers, sweeps around the two longer sides of that Continent
although she could do so without greatly reducing, her from Cape St. Eoque to Panama, and on up the coast of
freight capacity if there were any demand for so slow America to British
Like the other trunk
Columbia.
and irregular a mode of conveyance.
routes, it is fed lrom two sources.
Atlantic America
tons a day.
Compared with
this
of
—
—
THE CHRONICLE.
590
and Europe, the two parent streams, unite at Oape
Boque.
The
St.
The
the Pacific waters passes up and
heaviest
down
Atlantic had declined almost as
rates in the
At
they had advanced.
freight routes of the Pacific are of less importance
than those of the Atlantic
[Vol. lixil
commerce
in
the coasts of East
demand
the South African
and the consequent overproduction of
ness
is
extremely
as
the present time, following the
merchantmen during
for
much
war
vessels, the busi-
dull.
The author also devotes a long chapter to a studious
Asia and of South America bound for the exits at Singapore
and the Straits of Magellan. By far the most important discussion of the probable effects of the Panama Canal
route entirely upon the Pacific is that connecting North upon ocean trade routes and coaling stations.
In view
America and Asia. This route starts on the American of the wide publicity which the Panama project has had,
Pacific Coast, and has its principal termination at Yoko- it is unnecessary here to do more than summarize the
hama, by way of the Aleutian Islands, except
of the steamers that go out of their
way to
in the case
call at
Hawaii.
conclusions arrived
to
go and return by nearly the same route, while the charter boats depart from the trunk routes where more freight
plots out
is
African trunk route
By
ocean distances, the cost of
this rate
coal, etc.,
and
he
esti-
mates that the routes of Australasian trade will be
South materially changed by the opening of the canal and that
this process the
a heavy loser, and the
is
Dr. Smith gives reasons for be-
exceed a dollar a ton (net register) and at
It is usually, but not always, true that the line steamers
imported than exported.
at.
lieving that the toll charge in the canal will not be likely
South
there will be a long steamer route worthy to be classed
—
American and the Mediterranean- Asiatic are gainers.
with the world's trunk routes the Australasian trunk
The author has also plotted out the sailing routes and connecting Australia, New Zealand and the Isthmus of
shows how the important consideration with sailing Panama. This new route will draw commerce from four
not the direct line between ports, but the line
of the existing trunk routes, but none of these will be
which will enable them best to carry the trade wind, the entirely replaced. The heaviest loser will be the South
monsoon, or the prevailing west wind of the North African trunk route. The Mediterranean- Asiatic route
Atlantic and North Pacific. But sailing vessels have will lose some of the traffic now passing to Australia via
greatly declined in importance in recent years.
The the Bed Sea. Other contributors to new routes will be
that
they
8*8
are now doing but
author estimates
per the American Pacific Coast Australasian, and possibly
vessels
is
As
New
— Cape
—
Horn branch
South
1890 the tonnage of sailing vessels of the world's America trunk route. Of the two canal routes from New
merchant marine exceeded that of steamers now the York to the Orient (the Suez and the Panama), that by
ocean carrying.
the world's
cent of
recently
as
the
as
Panama
Zealand
of the
;
tonnage
of the
steamers
some two and a half times
is
promises to have the four advantages of cheaper
more way -freight, cheaper coal, and less insurance.
higher efficiency. The traffic upon which the sailing For the commerce between Europe and Eastern Asia the
vessel has the strongest hold is some irregular and Panama Canal aflords no advantage ot distance.
spasmodic trade, both coasting and foreign, which cannot be organized and handled as line traffic. The begingreat as that of the sailing vessels, in addition
ning of a new trade
may
of a sailing vessel.
Such a trade
tween the Gulf ports
Plata
ports.
If
it
be the
of the
occasion
is
to their
of departure
now
arising be-
United States and the La
grows, a line of steamers will take
it
may go
freight
The
shipments.
tial-cargo
and
berth shipments,
are
The
line
New
For
that reason
it
latter are
cargo or in
par-
generally called
characteristic
of
change,
the
line
it is
in the direction of
figures
line),
(embracing the present year 75,398 miles of
and they show an increase over the earnings of
steamer must leave at the ap-
the
sum
has her cargo space
filled
or
larger improvement.
covering, of course, only the roads which furnish early
same roads
often happens that at a port like
still
present to-day our preliminary compilations for July,
the
pointed time whether she
not.
full
Keturns of railroad earnings are of the same enIf there is any
couraging character as heretofore.
charters are characteristic of
steamer, while full-cargo
the tramp.
in
RAILROAD GROSS EARNINGS FOR JULY.
We
over and most of the sailers will be displaced.
Steamer
tolls,
for the
corresponding month last year in
In June the
same roads was $3,177,541,
of $3,485,443, or 7-47 per cent.
increase on
substantially the
or only 6-23 per cent.
That continued improvement should be the rule should
shipowners may offer berth space at an extremely low occasion no surprise. During July practically all the
rate rather than have the ship sail light.
The rates for conditions were favorable to large traffic and earnings.
chartering for a full cargo depend primarily upon the General trade was active and the volume of tonnage
number of ships within reach. If ships are abundant, from the iron and steel industries was immensely larger
Then there was a decided advantage
they are very cheap and may be had below actual run- than a year ago.
York, where there
is
a vast amount of line
traffic,
—
and freight is plenti- from a heavier agricultural and live-stock tonnage that
ful, they are very dear. An actual example of temporary is, in the South the roads had a greatly increased cotton
fluctuations in charter rates was afforded during the war traffic and in the West the roads had a decidedly enbetween China and Japan in 1894. Ocean traffic larged traffic in grain and in live stock, comparisons in all
was dull, rates weie low and idle ships were common. these cases being with unusually small figures in 1904.
At the outbreak of hostilities some were engaged to Furthermore, there was an absence of certain adverse
carry supplies to the Orient and many others were sent features which had played an unusually prominent part
East in the hope of securing service in the transportation in results last year. Thus in that month of 1904 the
ning expenses.
If they are scarce
September the European markets strike at the beef-packing establishments throughout the
demanded heavy grain movement irom the United country, which proved so seriously disturbing to many of
Both the live-stock and
States and the supply of available vessels was so defic- the railroads, was precipitated.
ient that the rales in some ports rose 300 per cent in the dressed-beef shipments at that time were heavily reof war supplies.
two weeks.
In
Then
the unemployed vessels hurried back
from the Pacific and Indian oceans and in two months
duced, and adverse effects were
other ways.
experienced in
many
This year of course there was nothing of
)
.
ArG. 12
THE CHRONICLE.
1905.|
The only disadvantage which
that kind.
!
the roads (or
some of them) encountered the present year was
that they did not hare the extra passenger travel which
the World's Fair at St.
tin y enjoyed last year from
at least
Louis. This year's losses in earnings on the
and the
that
lo
Illinois
Rli.
Central are no doubt attributable entirely
circumstance
—
these being
toads obliged to record a falling
among
oft in
above that
That was the
minished earnings.
time was relatively small
that
at
And
fact.
In
poitation lines had to contend.
di-
yet the
considering the
adverse influences with which our railroad
manv
brief,
trans-
our table then
(comprising merely the roads making early returns then
The present
only l-SO per cent.
fore, of
$3,185,143
year's increase, there-
over three times the amount of last
is
Prior to 1901, of course, there had been suc-
year's loss.
In the following table
we furnish a comparison of the totals back to 1896.
cessive large gains year
July 1901, the hogs
head against 647,188 head and the
sheep receipts 611,179 head against 333,791 head.
The Westorn grain movement
Yaar
Gtvcn
Rds
T-r.
18W
1 L-r
lvv
122
126
111
1000
1901
99
88
1902
79
1903
1904
75
67
55
1905
Jwi.
1
Year preceding.
Given.
M'les.
Miles.
93.193
D6.80S
90,942
—
Preceding.
$
0.84
92.413
95,280
90.417
93.906
90.52S
94.980
93.573
91.S46
94.71S
97,910
85.55*
75.39S
Increase (+)
or
Decrease. (
yew
Year
Increst
ern primary markets
0.50
1.14
3.36
2.17
89 991
92,947
1.91
1.93
96.049
83.243
73.62V
2.78
2.42
38,504.094
41.056.266
3.\S22,059
43,625,375
46.085.544
46.334.619
56.849,967
61.980,921
55.907,185
46 ,659 ,2^2
+ 1.418 997
+ 1,999, 181
+ 579, OX
+ 7,154 071
+ 2,798, 468
+ 6,515, 026
+ 4,347, 381
3.68
4.86
1.49
16.78
6. OT
14.06
7.64
+ 7.414, 895 11.06
—1,004, 582
+3,486, 443
7"!
\toJ uly 31.
1207
189*
1899
1900
121
120
125
108
99
85
78
75
1001
1902
1903
1904
1905
67
54
90,918
96.04K
90.920
94,604
93 573
0.88 254.840,255
1.38 274,635,194
0.58 276,240.565
1.14 321,435,882
3.36 336.441,873
2.03 317,871,965
1.91 400.63S.07S
1.93 462.741,784
2.78 365.668.378
2.42 334.014,442
90.118
94.729
90.395
93.630
90,528
86,419
92,802
96.049
83.243
73,372
94.573
97.910
85.558
75.141
238.943.747
272.821,160
247,361.746
298.502,817
299.297,422
288,590,907
369,655,341
40S. 483,911
372,108,550
312.876,816
+ 15,891,50S
+ 1,814.034
+ 2s,n»8.M9
+ 22.933.065
+37,144.451
+ 29,281.058
+ 30.977,737
+ 54.257.873
—6.440,172
+ 21,137,627
6.65
0.66
11.68
7.68
12.41
10.14
8.38
13.29
1.73
6.75
already
stated,
many
on
tonnage the advantage
to the
of the leading items of
roads the present year
was very decided.
In the case of cotton, comparison was
with the insignificant remnant of the poor crop of the
preceding season, while
amount
of the crop
further stimulus to
the
present year the left-over
was large and high prices furnished a
a large and free movement.
As a
on that item between the two years
At the Southern ports the receipts in
result, the contrast
very striking.
July
1905 aggregated 367,244 bales, as against only
50,709 bales in July 1904 and 30,288 bales in July
1903, while the shipments overland were 50,769 bales
against 17,017 bales and 9,842 bales in
1904 and 1903,
respectively.
RECEIPTS OF COTTON AT SOUTHERN PORTS IN JULY, AND
FROM
JANUARY
1
TO JULY
-July
Ports.
1906.
Galveston
bales. 117.021
Sabine Pass, Ac. 2,159
New Orleans
64,696
Mobile
12,249
Pensacoia. Ac
6,278
Savannah
86,547
Brunswick. Ac... 6,412
Qiarleston
.
6,283
Port Royal, Ac...
WUminirton
263
Wash:rurton.
—
1904.
5,993
27,570
1.358
2,170
8.279
270
8
241
31 1905, 1904
AND
aggregate of the receipts
four weeks
the
—Since January
1903.
884
170
10,004
in
3.622
63
3.868
187
112,226
647.072
47,148
097,208
38.648
37.704
238,001
26,838
17.266
1903.
681,653
100.923
877,929
72,366
04.021
366.741
46.627
33.496
276
364
141
28.050
58.059
17.063
83
166.689
14.869
Ac
the five cereals for
was
question
45,710,950 bushels
in 1904,
an increase,
It
will
be seen, of over 16 J million bushels,
The Western grain
In detail, in our usual form, is shown in the
which now follows.
WESTERN FLOUR AND GRAIN RECB1PTS.
table
Four wetkik end
end- A" lour.
Ins; July 2*.
(Ms.)
Cniccnee—
Wheat.
(OVShJ
Corn,
Oats,
Barley.
Itye.
(bush.)
(push.)
(bush.)
(bush.)
1905...
1904
483.784
587.018
2,649,855
923.660
9,524.750
6,354,757
5,709.550
3.713,202
741.477
606 .32S
74,000
88.700
Mlltcau&se
1906
1904.
170,4
,450
1.200
1,520
96,950
30,400
434.200
406,900
S30.100
245,110
24,000
42,400
3,990,056
2,116.547
1,167,035
485.100
1,386.935
940,900
8,698
27 ,000
16,234
26,483
810.000
296,400
413,150
294,600
610.650
310.400
800
14.600
6,700
18.700
26.010
128.581
117,052
280,389
195,209
126.028
296.005
3.455
36,473
82,055
14,873
443,379
223.706
806.301
318.232
44.600
34,650
162.400
72.000
887,000
684.200
966,600
486,200
29,700
55,800
8.000
4.000
417.900
333.500
229.997
1,154,516
3,373
322,845
232,779
308.727
95.362
2.S25
26,821
2,957.370
3.572.980
197,900
88,730
1,0S0,330
1,322,070
457,730
188,140
21,080
83,500
6.371,000
2,361,300
1,158,000
540,900
450,000
142.800
1,860.332
1.119,140
160,739
228,004
—
160,1.300
15$. 4*5
1905
1904
80,090
—
TeUdo
190*
1904
Detroit—
1906
1904
Clevtiand—
1908.
19"
904
Peoria
iyos
1904
Dvluth
1905
1904
Minneapolis
1905
1904
—
Kansas City
—
—
1905
1904
Total o/ all—
1905
1904
Jan. 1 to July
Chicago
1905
1904
Milicaukee
1905
1904
—
—
St.
1,247,274 17.624,514
1,258,041 10,851.747
14,171,926 11,893,439
8.797.502 8,169.548
29.
66.948.983 36,774,831 12,092,830
090,510
49,210.897 37,102.651 10,875.263 1,230,568
3.067.686
5,480,247
9.738,333
6,316,292
997,716
832,655
2,669,560
3.300.170
1,917,150
1,603,650
3,581.500
4.061,200
5,384,550
6.195,010
358,900
636,000
1.284.870
1,155.430
9,289,438
9.426,817
8,747,030
12,137,626
9.284,775
9,206,795
1,065,098
1,719,000
256,620
378.699
1.304,000
1,750,340
4,738,650
4,465.747
4,470,800
2,150.400
6,950
6,970
72,300
49.000
126,760
164.860
497.946
801.592
3.287.628
2,194.411
1,455.541
2,240.046
20.646
836.038
462.711
361,513
6,376,447
4,865,086
3,834.424
2.827,284
65,290
98,606
9,217
392.150
460,505
516,000
398,400
6,943,800
10.562,900
5,159.400
5.195.400
1,085.600
1,355,200
136.700
139.600
1.410.800
836.200
2,810,277
6,296,682
83,469
29.281
2,522.790
3,899,423
776,237
888,904
45,332
196.308
36.061.541
84,747.353
2,799.125 8.347.880
2.303.066 10.761.460
4,834,658
3,215,440
499,733
714.941
13.868,800
15,503.770
7,840.700
8,101,300
Louis—
1905
1904
Toledo—
1905
1904
Detroit
—
1905
1904
Cleveland
1905
1904
Peoria
1905
1904
Dvtuth
1906
1904
Minneapolis
1905
1904
—
—
—
Kansas City
—
—
2,636.400
2.255.900
1
1905.
1.020,497
179,320
1.166.380
117.162
94,334
641,336
67.393
80,157
1904.
Adding barley and
of
movement
1905
1904
1903.
1905
in
bushels; of oats, 11,893,439
bushels against 8,169,548 bushels.
rye, the
—
is
were 17,631,514 bushels
bushels against 8,797,502
—
Note.
Neither the earnings ot the Mexican roads nor the mining operations of
th« anthracite coal roads are Included In this table.
As
present year in-
against 10,851,747 bushels in 1904; of corn, 14,171,926
Sl.LouU—
$
39.923.091
43,055 387
39,401,085
49,779,446
48.884.012
52,849,645
61,197.348
69,395,816
51,602,603
50,144.735
1.3
the
equally pronounced way.
For the four
weeks ending July 29 the receipts of wheat at the West-
Grots Sarttinofi.
July.
were 64S,315
receipts 1,148,841
by year.
MUer.ee.
July 1905
namely
and St,
head against only 381,177 head in
now) recorded no more than $1,001,582 decrease, or against 29,166,511 bushels
as
Louis
St.
creased in an
earnings.
July 1901 our compilations showed
in
Omaha,
Chicago,
City,
leading markets,
five
Joseph, the cattle receipts for
the very few
will have been gathered from what has been said
It
(OS
Wabash
Taking the
regained.
Kausas
59
Total of aU-
1906
1904
8,200.617 77.218,606 108.68B.982 78.068.341 24,801,213 2,060.096
9.255.936 78,921.429 95.473,853 79.700,539 24.364.293 3,354, S3S
Of
take
this
course
of
the
the
returns
character
we mean
that
nearly
the
all
larged totals of earnings and
increases
creases
are
are
of
striking
separate roads
of the
of
general
results.
par-
By
the companies show enthat in most
proportions
few and insignificant
while
cases
the
the
de-
there are
In
two decreases for amounts exceeding $30,000,
Total
367.244
60.709
30.288 3.796.092
1.833,527 2,382,386
namely that of the Wabash KE. for $81,084 and that of
In like manner there was a noteworthy
increase in the the Illinois Central for $97,036, the cause of which fallgrain and live-stock movements.
We doubt whether ing off has already been mentioned. On the other hand*
Norton
Newport News,
very
The
many
Ac.
49.845
4.069
926
1,691
729
1.333
335,435
22.178
139,511
15.739
persons appreciate the extent of this increase.
fact
only
the
New York Central
has
a gain in the largo sum of
live-stock
movement, as already stated, was greatly $691,680, which compares with a loss of only $105,846
1904 by the strike at the packing establish- in the month of last year. Similarly the Louisville &
reduced
in
ments.
The
present year,
naturally, the
loss
has been
Nashville has an increase in 1905 of $376,972, following
THE CHRONICLE.
592
As
a loss in 1004 of only $102,994.
the record of improvement
parts
is
country, and
of the
the tahle which
a matter of fact
a noteworthy one from
we now give we
all
In
last year's losses.
indicate all the changes
amounts above $30,000.
for the separate roads for
PRINCIPAL CHANGES IN GROSS EARNINGS IN JULY.
& Hud River.
Louisville & Nash
Mo Kan & Texas
Cent
Southern Ry
Canadian Pacific
Gt North Syst (2 rds)..
Denv & Rio Grande
Mo Pac Syst (2 rds)
MStP&SSM
Central of Georgia
Mobile & Ohio.
Buff Roch & Pitts
Chicago Gt Western
Canadian Northern
Wheeling
& Lake
Erie.
.
Colorado & Southern
Ala NO &TexPac(3rds)
To complete our
$691,680
376,972
238,334
235,955
232,000
222,445
181,500
178,000
148,800
120,831
100,887
100,734
94,069
91.200
78,242
71,203
61,181
analysis
Gr Tr of Can (3 rds)
Intemat & Gt Northern
Tol St L & West
Minn & St Louis
Texas
$50,087
49,240
47,051
44,421
43,151
39,451
&
Pacific
Chic fndplis & Louisv..
Total (representing
29 roads
$3,498,034
$97,036
81.084
Central
Illinois
Wabash
Total (representing
2 roads)
we
$178,120
furnish the following six-
year comparisons of earnings of leading roads, arranged
in groups in our customary fashion.
EARNINGS OF NORTHWESTERN AND NORTH PACIFIC GROUP.
1901.
s
2.851,455
1900.
$
2.471,170
605.398
255.628
2.679.558
177.177
297,401
445,919
3,190.066
541.050
244,427
2,263,847
163,951
251.296
358,86 7
2.733.172
Total
14.643,166 13.858.235 13.704.643 12,491,114 10,502,502
b Figures for July 1905 not yet reported; taken same as last year.
9,027,780
1905.
$
4,548,000
July.
Can Pacific-.
Chic Gt West.
618,492
D So 8 4 A.. 254.311
Gt Nor Sys. . 3,895,160
Iowa Central.
218,032
Minn & St L.
291,236
M St P & SS M 746,647
North Pac b.. 4.071.388
1904.
1903.
$
3.997,344
680,682
265,239
3,686.024
194.759
246.228
589,732
4,144,635
$
4,316.000
524.423
235.761
3,672,715
193,386
246.815
597,747
4,071.388
1902
$
3,246,620
548.793
267,217
3,459,845
208,478
317,513
592,278
3,850,370
EARNINGS OF SOUTHERN GROUP.
July.
Ala Gt So..a
Cent of Ga...
1905.
$
261,231
866,482
555.084
Louis & Nash 3,298,210
Mob & Ohio.. 699.251
NashC&StL 785.457
Southern Ry. 3,952,072
Yaz & M V..
497.666
CN &TP..a
1904.
1903.
$
$
236,439
745.651
557.441
2,921,238
598,364
802,694
3,716,117
520,844
243.849
714,975
634,888
3,024,232
628.853
809,475
3.594.771
513.969
1902.
$
1901.
$
202,440
677,871
473,080
2,709,244
555,262
739,819
3,291,416
441,060
181,875
570,017
452.946
2,311,390
506,633
622,974
2.916,745
410,305
1900.
$
149,685
523,084
421,786
2,069,025
481,227
609.853
2.675,863
316,711
Total
10,915,453 10,098,788 10,165.012 9,090,192 7,972,885 7,247,234
a Figures for fourth week of 1905 not yet reported; taken same a3 last year.
EARNINGS OF SOUTHWESTERN GROUP.
July.
Col & South.
Den & Rio G.
Int
& Gt Nor.
Mo K & T...
Mo P & C Bch
StL So'west„
Tex
&
Pac...
Total
1905.
$
1904.
$
1903.
$
1902.
$
1901.
$
1900.
554,583
1,469,400
455,300
1,626,731
3,524,000
670,181
802,391
483.380
1,287.900
406,060
1,388,397
3,346.000
641,981
759,240
540,728
1,519,392
412.597
1.327.102
3,601,152
553,538
783.780
514,200
1.516,784
327,156
1.271.559
3.078,782
526,869
697,614
464,572
1.463,374
328,295
1,255,044
3,213.014
507.855
743,754
S
391.034
1,343.526
291.079
944. 900
2,575.967
467.835
593,118
9,102,686
8,312,958
8,738,289
7,932.964
7.975,908
6.608.119
EARNINGS OF MIDDLE AND MIDDLE WESTERN GROUP.
1905.
$
155.899
1904.
$
160.802
& Louis
749,929
489,577
649,195
450,126
G Tr of Can]
OrTrW..f
3,063,836
3,013,149
Cent.. 3,708,148
7.135,298
TolP&W... 101.065
Tol St L &W.
307,822
Wabash
2,001,080
&
423,324
3.805,184
6,443,618
98,406
260,771
2,082,164
345.082
July.
Ann Arbor.a
But Roch & P
Chic I
DGH
AM)
Illinois
NYCiHRc
W LE
1903.
$
172,181
717,385
482,013
(2,647,376
446,258
1
98.303
I
3,822,203
6,849,464
110.808
259,963
2,000,156
425.039
1902.
$
137,537
612,087
406,410
2,129,580
363,528
95,383
3,348,770
6,036,838
91.934
240.040
1,721.532
333,922
1901.
$
143,827
557.439
387.693
1,954.386
307.563
103,656
3,175,752
5,940,096
93,962
214,245
1.552.341
284.213
1900.
$
131,117
475,686
322,968
1.766.089
321,682
90,032
2.636,890
5,391,395
102,401
172,478
1,350,104
220,399
Total
18,135.978 17.308,497 18.031.149 15,517.561 14,715.173 12,981,241
a Figures for fourth week 1905 not yet reported; taken same as last year,
c The Fall Brook System, the Beech Creek RR.. the Wallkill Valley RR. and the
Boston & Albany included for all the years.
GROSS EARNINGS AND MILEAGE IN JULY.
Gross Earnings.
Name
o]
Road.
1905.
Ala Gt Southern
Aia N O & Tex Pac—
New Orl & Nor E.
Ala & Vicksb
•VicksbSh &Pac_.
Ann Arbor
Buff Roch & Pitts...
Canadian Northern..
Canadian Pacific
Central of Georgia..
Chattan Southern
Chic Gt Western
Chic Indianap & Lou
Chic Term Trans
Cinn N O & Tex Pac.
Colorado & Southern
Denver & Rio Grande
2/182,361
1904.
$
J/157.569
230,528
102,391
101,213
178,631
95,775
98,545
1/102,779
1/107,682
749,929
395,100
4,548,000
866,482
10,517
618,492
489,577
138,349
649,195
303,900
4,316,000
745,651
14,280
524,423
550,126
133,883
1/372,085
2/374,442
554,583
1,469,400
483,380
1,287,900
Name
Road.
of
1905.
1904.
$
+ 24,792
+ 51,897
+ 6,616
+ 2,668
—4,903
+ 100,734
+ 91,200
+ 232,000
+ 120,831
—3,763
+ 94,069
+ 39,451
+ 4,466
—2,357
+ 71,203
+ 181,500
309
Gulf
&
Southern
Intemat & Gt Nor..
Iowa Central
&
Louisville
3,013.149!
+50,687
4,085
4,085
3,491,979'
180,736
141,782'
3,708,1481 3,805,1841
27,056!
29,430
+ 202,350
+ 20,095
+ 25,783
5,701
5,701
—97,036
4,374
137
1,159
558
4,088
97
3,694,329
200,831
H 17, 5 65
Central
Macon & Birm
Manistique
Mineral Range
Minn & St Louis
K
309
292
553
1,876
8,568
1,878
105
818
591
102
195
143
189
292
500
1,350
8,183
1,878
105
929
591
102
336
336
1,120
2,398
1,121
2,398
597,747
1,388,397
3,223,000
123,000
d31,624
598,364
802,694
15,328
6,443,618
37,434
641,981
103,125
3,716,117
40,003
802,391i
759,240
12,700
11,000
98,406
101,065
307,822
260,771
46,691
73,187
2,001,080 2,082,164
345,082
423,324
497,666
520,844
Wabash
Erie..
Yazoo & Miss Valley
Total (55 roads).. 50 144,735 46,659,292
Mexican Roads (no
Interoceanic of
t
Mex.
Mexican Railway
Mexican Southern
Nat RRof Mex
261
4,374
137
1,159
558
3,865
97
64
140
798
64
388;
+ 11,451
+ 100,887
257
926
257
912
—17,237
1,226
144
3,515
180
1,308
172
7,203
227
1,827
58
248
451
134
2,516
1,212
144
3,490
+ 4,978
+ 691,680
+ 5,248
+ 28,200
+ 3,173
+ 235,955
+ 22,764
+ 43,151
—1,700
+ 2,659
+ 47,051
+ 26,496
—81,084
+ 78,242
1,876
3,042,
5,849
+ 3,485,443'
Included in totals).
461,212
494,874
d380,800 d338,600
2/67,732
1/60,528,
929,804
875,038
+ 33,662
+ 42,200
+ 7 204
+ 54,766
Road.
1905.
1
1904.
180
1,308
172
7,188
227
1,204
1.767
58
248
451
134
2,486
469
1,173
75,398
73,629
469
—23,178
GROSS EARNINGS FROM JANUARY
oj
250
140
642
1,629
2,991
5,718
388
736
321
263
7361
321
263:
1,813:
2/ Figures here given are for three weeks only of the
years; fourth week not yet reported.
d Figures are for three weeks ending July 22.
Name
578
395
250,
280,
+ 2,380
+ 49,240
+ 24,646
+ 376,972
+ 341,
+ 3,141;
+ 5,805
+ 44,421'
+ 148,800
+ 238,334
+ 137,000
+ 41,000
d43,075
699,251
785,457
20,306
7,135,298
42,682
670,181
106,298
3,952,072
62,767
month
TO JULY
Increase.
1,612
in
both
31.
Decrease
$
Ala Gt Southern.
1/1,810,100 2/1,692,813
Ala New Orl & Tex Pac—
New Orl & Nor East.. 1,561,752 1,342,063:
Ala & Vicksburg
745,035
738 ,817'
Vicksb Sh & Pac
798,285
771,725
Ann Arbor
2/1,006,438 2/1,021,929'
Buff Roch
&
Pittsb
Canadian Northern
Canadian Pacific
Central of Georgia
Chattan Southern
Chic Gt Western
Chic Indianap & Louisv.
Chic Term Trans
Cinn N O & Tex Pac
Colorado & Southern
Denver & R o Grande
Duluth So Sh & Atl
Georgia Southern & Fla
Grand Tr of Canada
Grand Tr Western
Det G H & Mil
Gt Northern— StPM&Ml
Montana Central
Gulf & Ship Island
llinois Central
Illinois
Southern
Internat & Gt Northern
Iowa Central
Louisville & Nashville..
Macon
& Birmingham..
Manistique
Mineral Range
Minn & St Louis
Minn St P
&S
S
M
Mo Kan & Tex
Mo Pac & Iron Mountain
Central
Branch
&
Ohio..
Nash Chat & St L
Nev Cal & Ore.
& Hud River
Rio Grande Southern..
St Louis So West
Southern Indiana
Southern Railway
Texas Central
Texas & Pacific
Tex Sab Val
Toledo Peoria & West'n
Toledo St Louis & West
Mobile
&N W
& So West
Wabash
Wheeling & Lake Erie..
Yazoo & Miss Valley
Virginia
196
143
189
246,8151
578,
395|
C
Texas & Pacific
Tex Sab Val & N W.
Toledo Peoria & West
Toledo St L & WestVirginia & So West.
& L
9,2371
1/35,469;
1,626,731
3,360,000
164,000
(including Gulf &
Chic Division)
Mobile & Ohio
Nash Chatt & St L._
Nev Cal & Ore
N Y C & Hud River.
Rio Grande Southern
St Louis So West...
Southern Indiana
Southern Railway
Texas Central
Wheeling
12,378
291,236
746,547
Central Branch
&
406,060
1/41,274
MSt P &SS M
Mo Kan & Tex
Mo Pac & Iron M'tain
Mobile Jack
455,300
218,032
193,386'
3,298,210, 2,921,238!
10,177
9,836
Nashv'le
1904.
+ 18,550
+ 3,794
3,063,836
Ship Island..
Illinois
Illinois
1905.
131,892!
254,311
135,086
NYC
Mileage.
Increase or
Decrease.
Duluth So Sh & Atl
Georgia South & Fla
Grand Tr of Can...
Grand Tr West..
Det G H A Mi). J
Gt Nor— St P M & M
en-
Decrease
$
235,701
$
lxxii
Mileage.
Increase
1904.
1905.
Montana Central..
/ Yl CTCQ8C8
I YlCTCfl 9CS
NY
Gross Earnings.
great majority of in-
in the
exceed
gains
stances this year's
[Vol.
Total (54 roads)
Net increase (6.75 p.
c,
117,287
219,689
6,218
26,560
15,491
4.702.153
2,168,200
27,877,858
5,517,474
63,284
4,240,069
3,177,106
887,195
4,136,395!
1,700, 700
25,878,6441
5,219,585,
69,079!
4,249,200,
565,758
467,500
1,999,214
297,889
2,910,993
861,712
1/4,010,994
2/3,713,257
3.551,072
9,494,319
1,599,744
972,667
8,709,588!
1,372,836!
967,366,
266,113
25,483
297,737
638,497
784,731
19,443,159
18,523,236
919,923
22,083,153
1,400,202
1,098,811
27,346,195
158,082
3,273,677
1,482,162
22,270,501
68,635
53,973
19,184,121
1,417,407
1,025,340
26,603,938
174,884
2,811,497
1,354,079
21,189,139
68,962
45,199
2,899,032;
2/374,329
2/335,049
39,280
1,501,864
3,556,428
9,514,466
22,778,911
929,973
926,250
4,718,047
4,412,186
5,714,906
5,997,597
119,175
97,681
46,324,861 42,916,421
262,699
256,154
4.226,612
4,777,379j
751,432
724,142
27,167,343 25,814,506
414,120!
344,219
6,434,600
6,196,030
76,789
85,970
692,742
750,735
2.036,422
1,925,247
455,066
309,737
12,880,866 12,839,036
2.697,883
2,313,467
4,538,588
4,360,468
288,217:
2,912,575
1,790,081
4,823,473
10,750,317
22,447,616
5,795
9,131
226,908!
5,30l!
17,205
73,471
742,257
16~,802
462", 180
128,083'
1,081,362'
"
1,267,045
1,235,851
331,295
3,723
305,861)
282~,691
2l",494(
3,408,440!
6,545
550,767!
27,290
1,352,837
69,901
238,570
9,181
57,993
111.175'
145,329
41,830!
384,416)
178,120
334,014,442 312 876,815 21,910,098
21,137,627
Mexican Roads (not inc luded in tot als.)
Interoceanic of Mexico..
3,700,2681
3,731,339!
Mexican Railway
d3,501,000 d3, 454,500
Mexican Southern
1/670.544
2/685.859
of Mexico
Nat
7,040, 149
6,774,505
1
RR
•y These figures are down to the end of the third
•5 Figures. are for Jan. 1 to July 22.
"""327
8",774
772,471
31.071
46,500
15,315
265,644!
week
of July only.
—
An;.
,
THE CHRONICLE
12 1905.1
ITEMS ABOUT BANKS, BANKERS AND TRUST
GO'S.
—
The public transactions in bank stocks this week were
limited to sales of 57 shares, 50 of which were sold at the
Stock Exchange and 7 shares at auction. Only one small
lot of trust company stock, amounting to 4 shares, was sold.
The following table shows the sales of bank and trust company stocks made during the week either at the Stock Exchange or at auction
Xav York.
Shares. BANKS
z 50 Commerce. Nat. Bank of
7 Gallatin National Bank
:
Price.
Last previous sale.
204M-206>$
Aug. 1905— 204
Mar. 1905— 420H
411h'
York.
4 N. Y. Life Ins. A Trust Co.. 1037
TRUST COMPANY—Nat
May 1905—1076
93
J. C. McKinney has become
said, a one-third interest.
a Vice-President, succeeding Frank DeL. Hyde. The bank
has a capital of $300,000 and the transfer is understood to
have involved about $400,000. The new President, Mr.
Fertig, and J. L. McKinney are identified with the management of the Commercial National Bank of Titusville.
it is
—
A new banking institution is organizing in Washington,
D. C, under the title of the National City Bank. P. A.
Drury, of the Merchants' & Mechanics' Savings Bank of
Washington, is one of the principals in the projected bank,
the capital of which will be $300,000.
— Attractively
designed advertising matter in the form
pamphlets and leaflets comes to us from the Citizens'.
Savings & Trust Company of Cleveland, Ohio. The most
of
Id at the Stock Exchange.
—
It is reported that a membership in the New York
Stock Exchange was transferred this week for a consideraThis is an unchanged price from the last
tion of $S0,000.
previous sale.
present array is styled "Heroism of
Everyday Life," and depicts the successive steps in the life
of the successful business man starting with an ordinary
pretentious
of
the
The growth of the institution during its thirtyeducation.
newest trust company, the Home Trust seven years of existence is shown in one of the leaflets, and we
Company at 1S4 Montague Street, has completed the first may note here that the assets inU905 of $41,071,527 compare
four months of existence with over $2,000,000 deposits to with $33,888,815 in 1903, $11,238,700 in 1900, $7,661,819
its credit.
The company commenced business April last in 1890 and $1,009,824 in 1870. Deposits July 10 1905
with $500,000 capital and $250,000 surplus. The institu- were $34,833,005. J. H. Wade is Chairman of the board
The
tion is located on the old Academy of Music site, which, and H. R. Newcomb is President of the company.
since the disastrous fire, has become the center of Brooklyn's other officers are D. Z. Norton, William G. Mather, D. Leuty
financial district.
Two of the Home Trust's unique features and H. B. Corner, Vice-Presidents; J. R. Nutt, Secretary;
are opening the bank at 8:30 a. m. for the convenience of E. V. Hale, Treasurer; O. C. Nelson, H. S. Newberry and
early customers and maintaining a business men's library F. F. Sanford, Assistant Secretaries; George Lomnitz,
of ready reference, fully equipped with geographical, rail- W. M. Baldwin and W. H. Fowler, Assistant Treasurers.
road and city atlases, guide and reference books, time
A dividend of 15 per cent is being paid to the creditors
tables and directories, financial books and periodicals.
A of the defunct Produce Exchange Banking Company of
doorway, noticeable for its fidelity to the old quaint colonial Cleveland, Ohio, by the Cleveland Trust Company of Clevestyle, forms an imposing entrance into the banking offices. land as receiver.
The institution suspended in January 1904.
The Home_Trust is under the active direction of J. Edward A 50-per-cent dividend was distributed several months ago.
Swanstrom, President; William C. Redfield and James M.
In noting last week the proposed increase to be made
Brown, Vice-Presidents; Harold A. Davidson, Secretary,
in the capital of the Provident Savings Bank & Trust Comand Andrew H. Mars, Assistant Secretary.
pany of Cincinnati, we stated that one-half the additional
The stockholders of the Union Bank of Brooklyn and stock would be allotted to present shareholders at par.
the Merchants' Bank of the same borough have been notified
This, we learn, is an error.
The plan outlined by the directhat the proposition to consolidate the two institutions tors calls for the
disposal of the entire new issue of $500,000
will be submitted for their approval on the 22nd instant.
at $16.50 per share of $10, the proceeds over par going to
With the completion of the plan the Merchants', as pre- swell the surplus
This will give the bank a capital of $ 1 ,000
viously announced in these columns, will be conducted as
000 and create a surplus fund, with that already on hand,
a branch of the Union, into which it will be merged.
of over $400,000.
The stockholders will take action in
The First National Bank of Gouverneur, N. Y., issues the matter of the intended increase on September 6. It is
a booklet containing a brief sketch of its history, as well as suggested that present shareholders be allotted one-half the
a description of its fire and burglar-proof steel vault.
The new stock, the remaining half to be sold only to such persons
bank dates from 1881 and was the third national bank who have or will open an account with the bank.
organized in St. Lawrence County.
H. R. Huggit has been elected Cashier of the People's
It has been voted to reduce the capital of the Mer- Banking Company of Columbus, Ohio, to succeed Charles
chants' National Bank of St. Johnsbury, Vt., from $300,000 F. Johnson, resigned.
—Brooklyn's
—
—
—
.
—
—
—
—
to $150,000.
—An
application for a charter for the All Nations Deposit
Bank of Pittsburgh has been
filed
.
The institution will
locate
The contemplated change of name of the Holcomb
National Bank of Toledo, Ohio, to the National Bank of
Toledo, heretofore referred to, became effective on the
on the South Side, catering principally to the foreign element 1st instant.
iii that section, of which the majority
is Polish.
The capital
A consolidation has been arranged between the First
will be $75,000.
R. F. Schmitt, for many years with the National and the White National banks of Fort Wayne, Ind.
German Savings & Deposit Bank of Pittsburgh, will be the The institutions rank among the larger of that city, the
new bank's Cashier.
First National having a capital of $300,000 and surplus and
The Hoboken Trust Company, corner of Washington profits of nearly $200,000, while the White National has a
and 14th Street, one of Hoboken's newer financial institu- capital of $200,000 and surplus and profits of about $130,000.
tions, whose progress we have previously noted, continues The White National will lose its identity in the consolidation,
"nlarge its business.
Its growth has been uninterrupted the enlarged bank continuing under the name of the First
-tarting three years ago.
Deposits reached $839,814 National. John W. White, President of the White National,
on June 30 last, which contrasts with $744,504 six months was also its founder. It is stated that it is his intention to
ago, $385,254 Dec. 31 1903, and $178,082 Dec. 31 1902. remove to California on account of his health.
H. A. KepIn the same interval (2 years and 6 months) surplus and lingcr, Cashier of the White National, will become Second
prof.ts have advanced from $51,024 to $69,237 and total Vice-President of the First National.
It is said that the
resources from $359,106 to $1,009,052.
The managing staff consolidation is on the basis of $220 a share for three-fourths
consists of:
Charles Falls, President; A. Riesenberger, Vice- of the stock held by the shareholders of the White National,
President; F. A. Schwartz, Secretary and Treasurer, and or $200 per share for the entire holdings.
The proposition
B. F. Hartzel, Assistant Secretary and Treasurer.
to consolidate has not as yet been approved by the stockchange in the control of the Second National Bank holders.
—
—
—A
of Titusville, Pa., has occurred recently, the ownership
being vested in ex-State Senator John Fertig, John L.
now
—The
People's State
Bank
is
the
title of
a projected State
Mc- banking institution, with $100,000 capital, which will locate
Kinney, J. C. McKinney and others. Mr. Fertig replaces in Anderson, Ind. Among those interested are Joseph I.
Louis K. Hyde as President of the bank.
The latter re- Schumacher, John R. Page, George Mathes, Stephen Markt,
mains as a director of the institution, in which he retains, John Striker, Martin Gruenwald, Adam Zwickel, Joseph
THE CHRONICLE.
594
Hennings, R. N. Williams, N. J. Pilger, II. J. Bronnenberg,
A. C. Davis, P. G. Decker, M. A. Cliipman, W. J. Jackson,
E. S. Albright, George Greyer, Henry Myer, J. M. Blacklidge, A. J. Schumacher, John Lux and H. C. Callaway.
—The Colonial Trust
&
Savings Bank of Chicago
is
en-
joying a marked increase in business in its beautiful new
quarters at 205 La Salle Street. The growth is notable both
The bond and mortin commercial and savings accounts.
gage department of this bank is under the management of
J. H. McCortney, with A. F. Struckmann as Assistant Manager.
—The
Swedish-American National Bank of Minneapolis
has a capital of $500,000, having lately issued the
additional stock (amounting to $250,000) authorized by the
stockholders early last year. The selling price of the new
shares, $160, added to the surplus $150,000, increasing it to
A portion of the issue was taken by old stock$250,000.
holders, while the remainder went to new interests.
now
—
!
v'OL.
LXUI,
new bank will control absolutely the
.Metropolitan, besides maintaining a controlling interest in
stockholders of the
the Los Angeles Trust.
Of the $1,250,000 stock of the new First National, 5,000
shares will go to the stockholders of its predecessor, 2,500
shares to the stockholders of the Los Angeles National and
The remaining
1,000 shares to those of the Southwestern.
4,000 shares will, it is said, be disposed of to several capitalists who have become interested in the merger plan.
A large
proportion of the stockholders of the Los Angeles Trust have
signified, it is understood, their intention to exchange their
holdings for some of the stock of the proposed bank, and,
according to the Los Angeles papers, it is believed that the
stock thus exchanged will be held by trustees in the interest
It is also expected that the stockof the First National.
holders of the Metropolitan will avail of a similar offer of
exchange of stock. The two trust companies will continue
as distinct institutions, as in the past, the Los Angeles in
its
quarters at Spring and Second streets and the Metropolitan
The officers of the new First
at Sixth and Spring streets.
National as now arranged will be as follows: President, J. M.
The Western Bank of Denver, Colo., closed its doors
on Wednesday. The action, it is stated, was taken through
fear that the run, which began earlier in the week on the Elliott; Vice-Presidents, W. C. Patterson, G. E. Bittinger,
Denver Savings Bank, might extend to the Western, owing John S. Cravens and Stoddard Jess, and Cashier, W. T. S.
to the fact that L. O. Imboden (one of the stockholders of Hammond.
H. E. Huntington, it is reported, will bo conthe Denver Savings it is reported) was said to be inter- nected with the enlarged bank as stockholder and director.
The latter has a capital of $100,000 Special meetings to ratify the consolidation are expected to
ested in the Western.
and was established in 1892. H. M. Beatty, Assistant be called shortly.
Cashier, has been appointed assignee.
The Denver Savings
The California Safe Deposit & Trust Company of San
Bank (paid in capital $250,000), on which a run started Francisco will increase its capital $1,000,000, making the
Tuesday, at noon of that day, decided to permit the entrance amount
$2,000,000. The new stock will be issued at $150
of depositors one at a time and allowed the withdrawal of
(par value $100), netting a premium of $500,000, which is to
but 10 per cent of their accounts. While the run continued
be added to the surplus. D. F. Walker of Salt Lake City
on Wednesday, Vice-President F. P. Jones made the an- has succeeded R. D. Fry as President, the latter becoming
nouncement that " there is absolutely no occasion for any a Vice-President of the institution.
uneasiness as to the bank's condition."
Through action recently taken by the stockholders of
According to the Denver papers, James H. Hyde of this
the First National and the Colfax National banks of Colfax,
city has disposed of his holdings in the First National Bank
Wash., the savings departments of the two institutions have
of Denver, Colo., amounting to about 1,500 shares.
The been acquired by the First Savings & Trust Bank of Whitpurchaser is Charles M. MacNeill, Vice-President and Manman County, at Colfax, the latter being the successor of the
ager of the United States Reduction & Refining Company,
The Colfax National has increased its capFirst National.
who has become a member of the bank's board, succeeding
ital to $200,000 and has taken over the commercial business
Mr. Hyde.
—
—
—
—A statement
Edwin T. Coman, formerly Cashier
National,
has
been elected a Vice-President of
of the First
the Colfax National.
of the First National.
of the condition of the City
National Bank
of Kansas City, Mo., based upon the report of Bank Examiner E. E. Ames in charge as receiver, was made public
It is reported that the First National Bank of Port
this week.
It shows liabilities of $1,190,057 and assets
Townsend, Wash., has been purchased by N. H. Latimer,
divided as follows: good, $849,549; doubtful, $551,899,
Manager of the Dexter Horton Bank at Seattle, and his
and worthless, $71,586.
associates.
—
—The resignation
-
of
Lawrence B. Pierce
dent of the Commonwealth Trust
Company
as Vice-Presiof
St. Louis,
recently tendered, becomes effective October 1.
Mr. Pierce
relinquished his post in the trust company, of which he was
one of the organizers, to take the presidency of the new
Toledo Indianapolis & Southwestern Ry. A substantial
sum in recognition of the services of Mr. Pierce is understood to have been voted him by the board of the Commonwealth. Mr. Pierce retains his holdings in the trust
company and continues in its directorate.
— The
City National
Bank
of Austin, Texas,
— The
Sovereign Bank of Canada is now occupying its
new building on St. James Street, Montreal.
The building is a very imposing one, constructed of granite
and Kentucky limestone. The interior of the main banking
room is entirely of white Italian marble, with verde antique
marble trimmings. A unique feature is that the office fixWhile the head office of this
tures throughout are of steel.
institution is in Toronto, the executive offices are in Montreal,
with D. M. Stewart General Manager in charge. W. Graham
Browne is manager of the main office in Montreal. The
bank has a capital and profits of $2,100,000, deposits of
$9,000,000 and total assets of over $12,000,000.
attractive
no longer
having
been transferred to the Austin National Bank on the 4th inst.
The Traders' Bank of Canada has commenced the erecThe particulars of the absorption have not been made public.
tion of a handsome building at the corner of Yonge and
The respective institutions had a capital of $150,000 each. Melinda streets, Toronto, Ontario. The new building will
The Austin National, prior to taking over the City National,
be the head office. It is to be fifteen stories in height, built
had deposits in the neighborhood of a million and a half
The Traders'.
of stone and brick with terra-cotta trimmings.
dollars.
The City National's deposits May 29 were $401 ,657. Bank was incorporated by Act of Parliament in 1S85 and
exists as a separate institution, its entire business
—
—A
bank consolidation
of
more than ordinary
size
is
has a subscribed capital of $3,000,000 and a reserve fund
C. D. Warren is President; Hon. J. R.
of $1,100,000.
Stratton, Vice-President; H. S. Strathy, General Manager,
and J. A. M. Alley, Chief Inspector.
contemplated in Los Angeles. Three institutions, all of
them important banks, are directly concerned in the amalgamation, namely, the First National Bank, capital $500,000;
the Los Angeles National, capital $500,000, and the Southwestern National, capital $300,000. As now planned, the
DEBT STATEMENT JULY 31 1905.
consolidation will go into effect under the name of the First
National and the capital beincreased to $1,250,000. Besides
The following statements of the public debt and Treasury
this consolidation, an alliance is also proposed between the cash holdings of the United States are made up from official
new First National, the Los Angeles Trust Company and the figures issued July 31 1905. For statement of June 30 1905
Metropolitan Bank & Trust Company, the last named char- see issue of July 15 1905, page 191; that of July 31 1904, see
tered about six months ago.
By this latter proposition the Aug. 6 1904, page 606.
—
——
F
)
THE CHRONICLE.
At?g. V2 1905.1
DEBT JULY
IN lT.HF.ST-BKARING
Title of
Loan
—
Q-
P.
Q
Q.—•*
4s. Kofumi'i; eertTi
ui of 1925
Q—
tial
Coupon.
Registered.
Issued.
$
$
542 909.950 535.19S.350
198.792,660 43.130. KM)
7 10.931,760 116,988.500
--.
40,012.750
162,316.400 92.8
Q.
2s. Consols of h>30
3a. Loan of 1908-18
4s. Kundcd loan. 1907
31 1905.
Amount Outstanding
Amount
I unrest
payable.
Total.
$
$
7.711.000 542.909,950
;;i 004.960
77.1
3»,t507.900 156,596,400
27.110
25,686.600 118.489.900
Aggresato Int.-Bear. nobt.-l.6S4.962.510 788.120.550 107.011.000 S95.15S.720
—
Note Denominations of Bonds are:
Of $10 only refunding certificates: of $20, loan of 190S coupon and registered,
of ISO" all 'issues except 3a ol 1908; of sioo ail Issues.
of 190-1 coup.; of SI. 000. all Issues.
Of $500
Of $5 000 all registered 2s. 3s and 4s: of $10,000. all registered bonds.
loan
of 1907; of $50,000, registered 2s of 1930.
Of $26,006. resist. 4s
DEBT ON WHICH INTEREST HAS CBAfiED SINCE MATURITY.
June
of 1891, continued at 2 per cent, called
May 18 1900: Interest ceased August IS 1900
Funded Loan of 1S91, matured September 2 l.s91.
Loan of 1904. matured February 2 1904
Old debt matured prior to Jan. 1 1861 and later
Funded Loan
Debt on which
In wrest
has ceased
July 31.
30.
26
JS2.200 00
45,700 00
191.050 00
945.785 26
... $1,370,245 26
$1,264.735 26
$82,200
45.700
294.860
947.495
00
00
00
--•848 » 6 fi'2o§ 22
United States notes
Old demand notes
oSa'Sfo SS
00
31,889.869
account
National bank notes— Redemption
0.867,109 OS
Fractional currency, less SS, 375. 934 estimated as lost or destroyed- .
$385,491,276 5S
Aggregate of debt bearing no Interest
RECAPITULATION
Class' tieation of Debt
—
July 31.
June 30.
1905.
1905.
$
Inc.
(.
+
)
or
Dec. (—
$
$
895.158.720 00
1.264.735 36
3S5.491.276 58
S95.15S.340 00
1.370.245 26
385.828.509 58
—105.510 00
—337.233 00
1,281.914.731 84
279.S65.730 72
1.282.357.094 S4
292,490.322 87
—12,624.592 15
1.002.049.001 12
Total not debt
a Including $150,000,000 reserve fund.
080.866.77197
Interest-bearing debt
Interest ceased
Debt
Debt'bearlng no Interest
Total gross debt
Cash balance
In
Treasury—o.
The foregoing
in the
+3S0 00
—442,363 00
+ 12,182,229
15
show a gross debt on July 31 1905
and a net debt (gross debt less net cash
figures
of $1,281,014,731 84
Treasury) of $1,002,049,001 12.
TREASURY CASH AND DEMAND LIABILITIES.—
The cash holdings of the Government as the items stood
July 31 we hare prepared from the Treasury statement of
LIABILITIES.
ASSETS.
Fund Holdings
—
be ready to assist her as far
Consequently, the hope is very strong throughliven influenout Europe just now that peace will result.
tial Japanese are of the opinion that peace will come from
—
They base their opinion on the moderaJapan, the statesmanship of M. Witte and the urgent need of Russia for peace.
But although everybody is much more hopeful as regards
peace, there is little increase in activity upon the Stock
Exchange. Money lure has grown both abundant and cheap.
the negotiations.
tion of
For the last day or two it is true that the outside market
has had to apply to the Bank of England for advances. But
is
due to purely temporary and
month
the end of every
habit
the,
artificial causes.
At
joint-stock banks aro in the
of calling in loans for the purpose of
showing that
During
they keep larger reserves than they actually do.
the last three or four days of the month, the market is disturbed in this way, and people who are called upon to repay
to the banks have to go to the Bank of England.
As soon
as August sets in the money will como out again and the
market will be as plentifully supplied as before. If peace is
concluded there will be probably, in consequence of the
money, a marked improvement in business.
Even this week there has been a decidedly better
feeling.
In Paris, international securities have been supported, and Paris has even bought in this market to a considerable extent, the result being that the "bears" hare
grown alarmed and in most departments of the Stock Exchange there has been an improvement. It is improbable,
however, that the improvement will be carried much further.
great abundance of
whether
can be maintained; for
and as the weather is
very warm, all who can are getting away to the country or
the sea-side.
Moreover, few people care to engage in new
ritfkg until it is seen whether peace is to be actually conIt is doubtful, indeed,
is
now
it
setting in,
In Germany, trade is very good, as is proved by the Prussian
railway traffic returns.
For the three months April, May
and June, the receipts
of the Prussian railways this year
exceeded those of the corresponding period of last year by
per cent.
Even on the Bourse there is more activity,
4%
and iron mining shares and also in iron
and steel shares. There would probably be a further improvement were it not for the stagnation in London and
Paris and the anxiety that is caused by the internal condiespecially in coal
787 ,987 06
34 .972 00
Total gen.
liabilities.
$90,856,319 40
Tot.lnSub-Treas'ies. $151,034,309 16
In Vat. Bank Depositaries
57.042,009 54
8.673.109 78
Credit Treasurer of U S
Credit CS.dls. officers.
.
Total In banks
will
cluded.
Tot. trust liabilities. $993,720,969 00
Oen. Fund Liabilities
National bank 5 per
17.435.412 30
cent fund
Outstanding cheeks
anddrafts
12,512.780 76
Disbursing officers' balance*..
58,010,008 23
Post Office Departmentaccount..
2,792,809 07
Miscellaneous items...
2,105,314 04
'
Interest paid
00
00
9.165.000 00
Treasury notes of 1890.
Total trust funds
$993,726,969 00
General Fund Holding:
Gold coin and bullion..
54 398 793 52
Gold certificates
24,974 090 00
certificates
7.831 049 00
c
dollars
19.302 319 00
Silver bullion
3.321 593 98
United States notes
15.249 241 00
Treasury notes of 1890.
41 425 00
National bank notes
17.222 511 00
Fractional silver coin..
13.070 177 34
Fractional currency
150 26
Minor coin
—
Fund Liabilities
certificates
$518,411,960
Silver certificates
466,150.000
Trust
Gold
$518,411,969 00
SUverdollars
466.150.000 00
8Urer dollars of 1890...
9.165.000 00
Gold coin
Bonds and
Russia makes peace, they
as possible.
the holiday season
that date.
Trust
financial personages in Paris also; bu1 they followed the
They could not recommend a
lead of the Prime .Minister.
Russian loan to their friends at the present time, but if
that
DEBT BEARING NO INTEREST
595
tion of Russia.
$65,715,119 32
Money, as already
abundant and cheap, and is
The fall in
the rates of interest and discount is leading the great French
Made up of
Total In Philippines.
$3,972,621 64
Available
129.865,730 72
banks to decrease the balances which they have so long
and
Reserre jund Holdings —
Reserve Fund
Gold coin and bullion.. $150,000,000 00
been employing in this market.
Rates, indeed, are so
GoldAbull. $150,000,000 00
Grand total
$1,364,449.019 12
Grand total
$1,364,449.019 12 low here that the money can be employed to equal advantage in Paris, and it can be employed to much better advantage elsewhere for example in Italy. Steadily, theren cfortsl (£ a
X
ercialf^ngl ish IXtxos fore, the balances are being reduced; and in consequence
the French banks are buying most of the gold offering in
London, Saturday, July 29 1905.
the open market.
If nothing happens to increase the deThe quite unexpected meeting of the German Emperor mand for money here at home, the French banks will proband the Czar off the coast of Finland has engrossed a good ably continue reducing their balances and in doing so
deal of attention on the Stock Exchanges and Bourses this they will go on buying gold in the open market.
Hence a
week, and has given rise to a considerable amount of specu- very considerable part of the gold arriving here cannot be
In Tress, of Philippine Islands
Credit Treasurer of U.S.
2,365,747 32
Credit U.S.dls.offlcera.
1.606,874 32
—
Cash Balance & Reserve
Tot. cash and reserve.. 5279,865.730 72
said,
is
likely to continue so for a considerable time.
|
'
mm
—
;
may have been the motive of the expected to go into the Bank of England. Yet some of it
and
whatever
may
result from it, it has had little will go in as, for example, the gold coming from India. And
g,
effect upon the stock markets.
after a time the French banks may perhaps cease, tempoIn Paris, where the action of the German Emperor is rarily at all events, taking gold.
In Paris and Berlin money
naturally followed with keenness and suspicion, creditable is also very abundant and cheap, and is likely to continue
calmness was maintained. The public
be so. Of course if peace is concluded there will have to be
refused
to
alarmed by the rumors set afloat, and rightly judged that raised large Russian loans which, for a while at all events,
Ku bib ia not in a position just now to do anything that will change the aspect of the market. But as long as the
lid offend France.
Perhaps the presence of -M. Witte in war continues, money will probably remain abundant and
Paiis at that time helped to prevent alarm.
It is generally cheap all over Europe.
un 'thai If. Rouvier refused to encourage the floating
The India Council offered for tender 60 lacs of drafts, and
of a Russian loan in Paris while the war continues, but that the applications] exceeded 545 lacs,
at prices ranging from
Bed if. Witte that if peace is made, France will be Is. 4d. to Is. 4 l-16d. per rupee. Applicants for bills al
ready to prove her loyalty to her ally by raising whatever Is. 4 l-32d. and for telegraphic tranzfers at Is. 4 l-16d.
may be necessary to pay the indemnity which Japan is ex- per rupee were allotted about 40 pvt cent of the amounts
pected to insist upon.
M. Witte saw several of the influen- applied for.
lation.
But, whatever
I
THE CHRONICLE.
596
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, <fec,
compared with the last three years:
1904.
1903.
1902.
1901.
July 26.
July 27.
£
July 29.
£.
July 30.
£
July 31.
£
I
'.Mi.-,.
£
..29,985,825 29.014,295 29,827,315 30,007.450 30,746.990
10,831,300
0,930,728
8,412,735
..10,730,591
8,411,090
44,090,339
43,698,277 42,500,598 42,320,7?:', 42,498,701
Govemm't securities. Hi, 752, 444 15,703,760 15.342,840 10,980.400 10.204.899
Other (securities
29,103,648 29.185,113 27.608,085 28,880,545 30.089,939
25.031,816 24,341,031
Reoerve.notes&colii- 2i 1,4*5,585 24.104.310 24.40.
Coln&bull., both dcp.38,021,410 34,608,806 38,058.271
37,924.260 37.313,021
Prop, reserve to lia47 15-16
bilities
483*
47**
49 7-16
50*
p. c.
3
Bank rate
3
p. c.
3
2**
5-16
13-16
92
Consols. 2** p. c
88
91**
90**
OIK
15-16
3-lficl.
&ty%Ki.
26 io-iou.
z/ .>-iuti.
zo?iu.
zoo-ion.
24%&.
&v
16d.
Silver
Oliver
27
263*d
25 3-1 Od.
Clear .-house returnsl83,998,000 172,859.000 195,169,000 210.917,000 190,045.000
Commercial mul IJXtscctliwccms IXexus
NATIONAL BANKS—The
ing national banks
Circulation.
Public deposits.
Other deposit*
The
money have been
rates for
July
Bank
England rate
—
of
Open market rates
• iiank bills— 3
months
4 months
—
—
,
Ttade
•
2**
2**
13*@1 13-16
13*
13-16
2
months...
months...
4 months
—63
bills
as follows:
July 28.
July 21.
Jvly 14.
7.
2*
234
11-16© 13*
m
\n
2**(»2*i
2>A& H
2**@2*3
1
3-160 2*i
2**
2*i
2**
1
l
1**
i**
Interest allowed for deposits—
•
Uy Joint stock banks
By discount-houses
1
Atcall
•
1
7toJ14days
&
Pixley
Messrs.
H.
1**
Abell write as follows under date of
July 27:
—
GOLD. Although the Cheque rate has come no lower, the competition amongst
buyers has hardened the quotation to 77s. 9**d.. and all arrivals have been taken
£1 000,000 arrives from India this week, and it it reported that a
for Paris.
further £500,000 is being shipped. There are no arrivals to report at the Bank of
Arrivals
England, and £270,000 has been withdrawn for South America.
South Africa. £318.000; Australia, £112.000: West Africa, £7.000; West Indies,
£79.000; River Plate, £12.000; total. £528,000. Shipments— Bombay, £51,200;
Madras. £5,500; total, £56,700.
SILVER. There have been no features of Importance. The Eastern Inquiry
has been practically nil, the rates having ruled under our parity. On the other
hand supplies have been small. America having been a moderate seller, and, with
some continental orders, there has been sufficient demand to absorb all on offer.
Forward has ruled 6-16d. under spot, but closes at **d. under. The Indian price
Arrivals— New York. £100.000: Australia, £6,000;
is Rs. 683* per 100 Tolahs.
West Indies, £9,000; total, £115,000. Shipments— Bombay, £58,200; Hong
Kong, £26.000; Shanghai. £35,000; total, £119,800.
—
MEXICAN DOLLARS.— There
The quotations
are no dealings in these coins.
for bullion are reported as follows
GOLD.
SILVER.
London Standard.
July
July
27.
d.
20.
London Standard.
Bar
Bar
gold, fine, oz
U.S. gold coin, oz... 76
German gold coin, oz.a76
French gold coin, oz.a76 4 *
"
Bar
27 11-16 273*
27 9-16
27**
27 5-16 273*
29 6-16 29%
5grs.goId.oz
4grs.gold. oz
3grs.gold. oz
1
o76
Japanese yen, oz
containing
Cake silver, oz.
Mexican Dollars
Nom.
Nom.
The following shows the imports of cereal produce into
the United Kingdom during the season to date compared
with previous seasons:
imports. -•....
a Nominal.
Forty-seven weeks.
1904-05.
Imports of wheat, cwt
Barley
Oats
Peas
Beans
I
Indian corn
93,468,800
19,686,900
15.177.700
1,970.839
1.384.990
36,494.050
10.031.820
Flour ...
....
1903-04.
82,853,836
29,257.026
13,688,594
2.148,000
1.958,198
42,559.067
17,772,743
1902-03.
75,205,966
24,106,661
14.624,807
1,753,730
1.424,375
37.472.107
17.458.331
1901-02.
64.327.634
20,396,244
15,524,264
1,905,294
1,723,948
41.617,157
18,269.892
Supplies available for consumption (exclusive of stock on
September
1):
1904-05.
93,468.800
10,031,820
13,562,079
Wheat imported, cwt
Imports of
Sales of
flour
home-grown
Total
Average price wheat, week
Average price, season
.. ..
1903-04.
82,853,836
17,772,743
16,630,789
1902-03.
75.205,966
17,458,331
22,540,074
1901-02.
64,327,634
18.269.892
22.418,000
First National
—The 825,000.
Giles
7,850
— The
Flour, equal to
Maize
Last week.
2,820,000
105,000
1.020,000
1903-04.
3.050.000
185,000
1.065,000
1902-03.
1,970,000
290,000
1,120.000
—
London.
Week ending Aug.
Silver, per oz
2%
Consols, new,
11.
Sat.
d. 27**
per cents..
Foraccount
French Rentes (In Paris)
Anaconda Mining Co
Atch. Top. & Santa Fe
tr_. 99.62**
& Ohio
105**
101*3
]60*|
;
56*
;
i
!
IP
89
49**
87
77**
178*|
151**
23**
',
Illinois
Q
H
Louisville
«J
Central
& Nashville
Mexican Central
Mo. Kan. & Tex., common..
Preferred
Mexico
& Hud. River..
N.Y. Ontario & Western...
Norfolk & Western, common
N. Y. Cent.
Preferred
Northern Securities
a Pennsylvania
a Reading Co., common
First preferred
a
Second preferred
a
§
Q
B
S
>
5
M
o
j^
K
«
w
o
3Q«
o
H
a
67*|
39
1523*
54 W
£§>*
90
184
73 5*
55**
3
X
Preferred
Pacific,
67*1
....
common
Preferred
U. S. Steel Corp., common..
Preferred
Wabash
Preferred
Debenture "Bs"
a Price per iu
Fri.
273*
90 1-16
90 3-16
99.70
6
6
903*
106
118**
101*1
160*1
56*|
21*1
187
33**
89*3
49
863*
77
179
151**
23**
30*3
67
38**
152**
54*3
88
91**
106
118**
102**
161
96
183
73**
55**
48**
47
323?
67*3
H
Co
Island
Southern Pacific
Southern Ry., common
Union
i
99.75
!
Erie, common
First preferred
Second preferred
Rock
i
ThUTS.
27 5-H
27'A
90 3-16 90**
90 5-16 90}*
99.77** 99.75
118H
Preferred
of
i
90 3-16
90 5-16
;
Canadian Pacific
Chesapeake & Ohio
Chicago Great Western
Chicago Milwaukee & St P..
Denver & Rio Grande
RR.
2714
Wed.
!
Preferred
Nat.
Tut
6
Preferred
Baltimore
Mon.
36
102
1343*
101
363*
108**
5, inclusive.
New York. Capital
H. Chapin. President; Daniel M. Rollins'
—
—
—
—
—
,
CHANGE OF TITLE OF NATIONAL BANK.
4,585
—"The Holcomb National Bank
Bank
of Toledo," Ohio, to
"The National
of Toledo."
LIQUIDATIONS.
Union National Bank of Omaha, Nebraska, was placed
—Thevoluntary
liquidation July 22; to consolidate with The United
States National Bank of Omaha.
6,923 — The Laurel National Bank, Laurel, Mississippi, was placed in
voluntary liquidation on July 24; absorbed by The Commercial
Bank
Trust Company
Laurel.
7,052 — The Texas National Bank of Dallas, Texas, was placed in voluntary liquidation July 31; absorbed by The American Exchange
National Bank of Dallas.
6,402 — The First National Bank of Crowell, Texas, was placed in voluntary liquidation on
3,516
in
of
<fe
August
1.
APPLICATION TO CONVERT INTO NATIONAL BANK APPROVED.
People's Bank of Lyons, Georgia, into the First National Bank of Lyons.
Capital $25,000.
Correspondent, L. O. Benton, Monticello, Georgia.
DIVIDENDS.
Name
0/
Company.
Per
When
Cent.
Payable.
Books Closed.
Days
Inclusive.
Railroads (Steam).
N. O. & Tex. Pac, pref. (quar.)..
Chestnut Hill (quar.)
Hi
Cin.
& Bound
Brook (quar.)
1 Aug. 20
to
Aug. 31
5 Holders of rec. Aug. 21
Holders of rec. Aug. 11
Sept.
Sept.
North Pennsylvania (quar.)
2
Aug.
Aug.
(quar.)
Street Railways.
American Railways, Phila. (quar.) .. ..
Columbus (O.) Ry., com. (quar.)
Scranton (Pa.) Ry., pref
3
Sept.
25 Holders of rec. Aug. 9
5 Holders of rec. Aug. 21
in
Sept.
Sept.
Sept.
15 Holders ot rec. Aug. 31
1 Holders of rec. Aug. 15
1 Holders of rec. Aug. 15
Del.
Phila.
English Financial Markets Per Cable.
The daily closing quotations for securities, etc., at London
as reported by cable have been as follows the past week:
August
—
—
—
—
following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:
This week.
2,760,000
..qrs.
75,000
qrs.
1,045.000
to
of Whitesville,
Vice-President; Fred K. Mather, Cashier
117,062.699 117.257,368 115,204.371 105.005.526
32s. 2d.
27s. 7d.
28s. 7d.
31s. 5d
30s. 8d.
27s. 2d.
26s. Id.
28s. Od
qrs.
July 31
Hank
First National Bank of New Bremen, Ohio
Capital.
840,000. Julius Boesel, President; Otto J. Boesel, VicePresident; Adolph Boesel, Cashier; H. F. Bienz, Assistant
Cashier.
Succeeds Boesei's Bank.
7,852— The First National Bank ol Sarles (Adams P. O.), North Dakota
Capital, $25,000.
C. D. Lord, President; Karl J. Farup'
Vice-President; C. A. Jeglum, Cashier.
7,853
The First National Bank of Linn Creek, Missouri. Capital
$25,000. Andrew J. Watson, President; John M. Farmer'
Cashier.
7,854 The Lincoln National Bank of Avella, Pennsylvania. Capital
$25,000. J. A. Ray, President; J. B. Wilson and S. s'
Campbell, Vice-Presidents; Don J. Hill, Cashier.
7,855 The First National Bank of Antler, North Dakota. Capital
$25,000. P. O. Heide, President; F. O. Gold, Vice-President;
A. N. Newhouse, Cashier.
7,856 The First National Bank of York Springs, Pennsylvania. Capital
$25,000. Anthony Deardorff, President; Abner B. Mummert, Vice-President; W. R. Faust, Cashier. Succeeds the
Bank of York Springs, Limited.
7,857 The First National Bank of Mylo, North Dakota. Capital
$25,000. C. J. Lord, President; J. D. Simpson, Vice-President; T. G. Simpson, Cashier; W. L. Simpson, Assistant
Cashier.
7,858 The First National Bank of Lancaster, South Carolina. Capital
$25,000. Chas. D. Jones, President; R. E. Wylie, VicePresident; E. M. Croxton, Cashier.
7,859 The First National Bank of Hancock, Maryland. Capital,
$30,000.
U. B. McCandlish, President; Edmund P. Cohill,
Vice-President; R. J. McCandlish, Cashier.
7,860 The First National Bank of Frackville, Pennsylvania. Capital,
$50,000. J. C. McGinnis, President;
Cashier.
7,861
The First National Bank of Wilcox, Nebraska. Capital, $25,000.
E. L. Lindsay, President; J. T. Pettevs, Vice-President;
C. W. Price, Cashier.
Conversion of the State Bank of
Wilcox.
7,851
The
Wheat..
following information regard-
from the Treasury Department:
NATIONAL BANKS ORGANIZED.
silver, fine.
silver,
is
Certificates Issued
d.
oz___27 3-16 27**
2 mo. delivery... 26 15-16 27
[Vol. lxxxi.
Germantown & Nor.
&
2**
Miscellaneous.
Smith Car. pref. (quar.)
Borden's Condensed Milk, com
Brooklyn Union Gas (quar.) (No. 28)
Barney
21:
Butterick Co. (quar.)
Consolidated Gas. N. Y. (quar.)
Fay (J. A.) & Egan, com. (quar.)
Preferred (quar.)
Greene Cons. Copper (bl-mthly) (No. 13)
National Biscuit, com. (quar.)
Preferred (quar.)
Nat Enamel & Stamping
(pref. (quar.).
Pittsburgh Brewing, com. (quar.)
Preferred (quar.)
Railway Equip. Corp. (monthly).
2
Sept.
4
2
Aug.
Sept.
Sept.
Sept.
1
2
u*
4
Aug.
Aug.
Aug.
1
Oct.
13*
Aug.
dltf
1*1
13*
1**
Aug.
Aug.
Aug.
Aug.
Aug.
26
19 A\ig. 9
19>ug. 9
21 Aug. 16
14'Sept. 30
31 Aug. 18
Sept.
to
to
to
to
to
to
to
to
to
to
1
Aug. 15
Aug. 31
Sept. 1
Sept. 15
Aug. 19
Aug. 19
Aug. 21
Oct. 15
Aug. 31
Sept 12
to
Oct.
19 Aug.
19 Aug. 11
to
to
Aug. 20
Aug. 20
Oct.
Aug.
Aug.
Aug.
18
6
13
16
1
u
1
15i
213
189**
33
89
493*
883*
7632
185
153 **
23**
30*1
67V|
39**
157**
55*3
88*|
96**
183
74*f
553*
49
48
33
673*
36
102
1353*
101
363*
1083*
20
20
41**
72**
42
73
d Seven per cent declared, payable in four quarterly Instalments on the
and Jan., Apr. and July 1906.
first
day
of Oct. 1905
Auction Sales.
—Among other
securities the following not
regularly dealt in at the Board, were recently sold at auction:
;
By
Messrs. Adrian H. Muller
Stocks.
13
12
Co. pf.89
Cook & Bemheimer
"
com
"
NY
69
Life Ins & Tr Co.. 1037
6 2d Nat Bk of Jersey City 140
41 IK
7 Gallatin Nat Bank
4
9,994 Chittenden Pow Co.$100 lot
5,078 Rutland St Ry Co.. $250 lot
1.291 Peoples Gas Lt Co (Rutland). .$25 each $4,000 lot
87 Vt & Whitehall Street
Railway Co..$l per share
110
10 Mortgage Bond Co
Bonds.
$300,000 Chittenden Power Co.
5s
&
Son:
Bands.
$168,000 Rutland St. Ry. Co.
6s, 1914.
30
51
1st 5s
$100,000 Peoples" Ga"s"Lt".~ Co".
(Rutland)5s
50
$12,648.12 Note of Peoples Gas
Lt. Co. (Rutland)
S9.000
532 Coupons due Julv 1 1904
from Rutland St. Ry. Co. 5s. 60
522 Coupons due Jan. 1 1905
from Rutland St. Ry. Co. 5s. 50
$49,200 Johnson-Dunbar Mills
1st 6s 1926, $17.89 paid. .$100 lot
$5,000 Judge Co. Class "A" 4s
20
1909
$20,000 Manganese Corn, of Va.
pons on
Aug. 1905, cou$500
lot
6
'
Aug.
THE CHRONlCLIv
12 1905.1
.New York City Clearing House
condition for the weekending Aug.
Banks.— Statement
of
based on aver-
5, 11)05,
597
Now York City, Boston and Philadelphia Banks.—Below
a summary of the weekly returns of the Clearing House
lanka of New York City. Boston and Philadelphia. The New
York figures do not include results for non-member banks.
is
I
age of daily
results.
II
BANK."
i
Surplus.
Capital.
in all cast:*.
I^egaU.
Specie.
/.od ns.
We omit two ciphers
'
Depotitt
s'
"lttt'd
1
V
Bk. or
M:Ull>.lt.
9,000,0
2,050,0
2, OHO.
8.000,0
1,600,0
1,000.0
25,000,0
300,0
000.0
1,000,0
300,0
700.0
500,0
6,000.0
26,000,0
3,000,0
\
Co
ints'
Anu'ru'.i
Phonix
Cuv
..
Merch. Kx
.
Gallatin
Hi;v a Droi
Mech
.
^mer.Kxob.
utile.
•I
:
12,113,0
4,371.9
630,4
1,045,6
429,7
2,021,8
6,961,5
1,088,5
634,4
315.2
1,885,8
429,1
3,361,6
1.114,7
6,718,9
7,324,7
109,0
1.236,5
8,016,0 21,649,0
9,781,0
1.519,4
16,914,3 108.S26.O
8.830,3
883.1
3.305.0
771,0
6,013,4
729,5
4.304,2
646,4
4,399,5 48,717,4
10,093,0'
1,769,5
2,963,0
728,6
2.549,5
876,8
1,42 b, 6 12,704,3
7,319,3
1,287.7
2,566,7
418,6
9,071,7
1,481,1
4,100,0
659,6
15.lv:
6,0
1,471,9
4,376,0
625,3
2,038,0 11,769,4
5.425,1
484,6
6,936,5
580,9
4,459,0
594.6
2 -J. 7
N America
50.0
200,0
2.000.0
Hanover
...
3,0110,0
..
l.ooo.o
2,550,0
4
People's
...
Irvine
118'
Mar.A
1,000,0
1,000,0
2,000,0
750,0
1.500,0
3,000,0
250,0
3,000,0
300,0
10,000,0
Fult
Slioe.tLtlir.
Corn Excli .
Oriental ...
Imp.
<*>
Trait
Park
East Kiver
Fourth
Second
....
First
NV.Vt.Ex.
Bowery ...
1,000,0/
German Am
250,0
200,0
750,0
Ave..
1,000,0
100,0
N. Y. Co...
Filth
German Kx.
Germanla
200,0
200,0
300,0
..
1,000,0
Gartteld
Fifth
B*. of Met..
West Side..
250,0
1,000,0
200,0
600,0
300,0
1,000,0
1,000,0
500,0
350.0
Seaboard ..
lstX.Bklru
Laberty
N. Y.Pr.
Ex
New Amst.
0,604,8
1.436,5
3,468,4
8,847,6
218,8
17,480,7
7,088,7
866,8
2,234.4
110,8
372,0
664,8
4,200.0
1
IU10S'.
Clit'iiiioal
•
*
19.662.0
24,634.0
13.98M.6
29,777,0
96,428,2
6,786,0
202,089,1
26,350,1
0,017,6
8,003,8
2,242,0
6,187.0
4,034,6
28,140.5
162,396.4
29,877,8
3.561.7
6.212,9
2,244,4
14,082,0
49.684.7
7,126,0
16.169,7
3,223,5
6.901.5
6,823,2
31.907,9
8,980.4
24,326.0
74,096,0
s
•
3,499,0
10,187,0
178,0
475,0
899,6
773,5
12,734,6
2,485,8
212,6
467,1
685,5
1,682.8
566,0
1,636,1
755,0
3,166,0
591.0
2,281.9
1,172,4
826,9
867,0
P.C.
9
18,333.0 28-7
88.673,0 37
Total... 116,072,7 139,492,8 11461637 222,104,3 89,340,8 11971263 26-0
t
t
Total United States deposits moluded, $8,466,700.
Non-Member Banks.—The following is the
condition
of the non-member banks for the
statement of
week ending Aug. 5, 1905, based on average of daily results.
We omit two ciphers COO) in all cases.
Reports
oi
Loans d
BANKS.
Capi-
Sur-
00s omitted.
tal.
plus.
menls.
Wash. Hyts
Century
...
Chelsea Ex.
Colonial....
Columbia
..
!
.1
1
l
1
Clear*!/
Other
42,189,6 103,527,0
42,139,6 193,034,0
42,167,5 192,309,0
I'liiln.
,y 2 2
47. '.'Oil, (i 220,738,0
47.960.0 220,895,0
48,886,0 221, 139.0
.1
.:iv20
Aug
19,147,0
13,463,0
10,013,0
«
754,6
941.1
679,9
3,081,5
6,176,0
3,970,0
768,2
4,429,2
4,066,8
3,072,4
5
67.6
291,9
367,4
1,055,1
126,0
60,8
139,7
866,8
125,7
244.1
203,8
265,6
107,2
880,9
133,6
116,8
577.1
163,0
302,3
212,7
266,0
205,0
2,693,2
3,360,4
2,512,8
3,600,0
1,602,4
9,243,0
2,078,0
1,600,8
6,440,7
2,170.0
2,637,4
2,699,3
3,106,4
1,181,9
$
$
$
Deposits
8
I
24,9
33,4
28,3
278,1
84,1
56,6
50,7
386,0
„2 4 4
278,6
283,0
411,7
210,0
64,0
478,0
280,6
25,0
18,3
38.1
184,6
250,5
219,9
150,0
139,1
98,5
255,0
189,1
150,0
114,7
270,0
166,0
146,5
267,7
9,6
139,3
29,0
26,3
140,0
16,9
567,0
37,0
45,7
92,6
226,4
35,9
727,0
166.7
242,6
59,5
235,4
211,0
48,8
35,8
35,4
-
3,7
55,4
391,2
5,0
183,9
310,0
271,5
116,2
184,5
66,3
Z38.6
56,7
496,0
23,4
483,0
......
84,9
101,0
183,0 1,236,0
132,0
85,0
166,0
199,5
720,3
200,0
85,0
145,0
194,5
743,3
83,2
141,0
676,2
119,0
7.3
7,045,0
7,707,0
7,763,0
142,531,5
181,488,4
144,969,0
262,787.0 12,728.0
203,500,0 12,775,0
262.307,0 12,848,0
126,130,7
121,011,0
132,000,5
0,963,0 227,194,0
7,068,0 223.032,0
6,895,0 22.;, 646,0
t
;
Imports and Exports for the Week.—The following are
New York for the week ending for dry goods
Aug. 3 and for the week ending for general merchandise
Aug. 4; also totals since beginning first week January.
FOREIGN IMPOKTS.
the imports at
For
1905.
xoeelc.
Since Jan.
1903.
1002.
$2,010,029
9,272,394
$2,576,650
7,430,480
$2,819,568
9,815,137
$15,199,862
$11,282,423
$10,007,130
$12,134,705
$83,226,923
335,469,360
$71,683,332
280,769,323
$80,905,227
278,976,912
$78,825,628
257,538.207
General Merchandise
Total.
1904.
$2,756,762
12,443,100
1.
Dry Goods
General Merchandise
$418,696,273 $352,442,655 $359,882,139 $331,363,833
Total 31 weeks.
of dry goods for one week later will be found
our report of the dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Aug. 7, and from January 1 to date.
The imports
in
EXPORTS FROM
Forth* week.
Previously reported..
Total 81 weeks
NEW YORK FOR THE WEEK.
1905.
1904.
1903.
1902.
$7,650,223
305,910,138
$9,628,450
278,079,641
$8,062,861
293,583,302
$9,513,910
277,010,350
$313,569,356 $287,708,091 $301,636,163 $287,424,200
Note.— As the figures of exports as reported by the New York Custom
House Irom week to week frequently show divergence from the monthly
totals, also compiled by the Custom House, we shall from time to time adjust
the totals by adding to or deducting from the amount "previously reported."
The following table shows the exports and imports of
specie at the port of New York for the week ending Aug. 5
and since Jan. 1, 1905, and for the corresponding periods in
1904
and 1903.
EXPORTS AND IMPORTS OP SPECIE AT
NEW YORK
EXPOBTS.
Week,
IMPORTS.
Since Jan.
1.
Week,
Since Jan.
$330,922
4,266,136
$1,600
25,236,526
Prance..........
1.
6
9
16,8
28,6
35,2
60.6
Clearings.
Including lor Boston and Philadelphia the item "due toother banks,"
and also Government deposits. For Boston these Government deposits
amounted ou August 6 to $1,415,000 on July 29 to $1,431,000.
Gold.
Hlcs.&c
$
(
f
s<>,115,7 11590182 10,157.1 1,722.690,1
89,109,0 1177.1982 48,018,2 1.430.288,8
90,411,6 1097440 48,804,6 I, I". '.125,7
89,840,8 11071263 19,490,8 1,585,648,5
06,498,0
07,697,0
66,990,0
West Indies.............
Mexico...................
$
146.6
68.6
posits,
Wo*.
J'ly29
A ug 6
Net
Holes.
irou
lativn.
De,
Legals.
6,124,621
73,300
7,250,000
8.000
$69,501
9,540
20,739
7,330
631,667
192,028
934,842
116,339
$7,000 $37,693,987
6,510 64,479,416
2,100
32,808,401
$97,110
29,836
23,680
$6,371,839
6,421.214
3,083,875
$5,000
2,000
South America
$
100,0
100,0
100,0
100,0
300,0
C01190L Nat. 1,000,0
Fidelity
200,0
14th Street.
600,0
Hamilton .. 200,0
Jerterson ..
400.0
Mt. Morris
250,0
Mutual .... 200,0
19th Ward .
200.0
100,0
Riverside ..
100,0
8Ute
100.0
12th Ward .
200,0
23d Ward ..
100,0
Union Exch 750,0
United Nat 1,000.0
Yorkvrlle ..
100,0
Ooal <fe I.Nat 300,0
Metiop'lit'n 1,000,0
84th Street.
200,0
Borough
Specie.
ft
*
\. Y.
S
J'lylU !66,466,6 1107.1081 220.102.1
.l'ly22 6 5, 4 65,
11268667 220,100.6
is 171 224,830,7
ly99
Aug 6 155,465, 11461637 222,104,3
Deposit with
Specie.
—
N. Y. City.
Boroughs ot
tlan&Rr'nx
Leg. T.
Loan*.
ve.
1,687,0
2,966.0
1,688,6 18,123,4 87"9
28'0
1,893,0 86,5
9,498,1 27,135.6 »2'6
279,0
6.04S.O 28-9
11.466,8 207.681,3 97-6
1,810.3 23.781,3 25
60S. 3
6.697,0 26*6
633,3
7,222.7 86-1
58,1
2,789,9 25'1
570.0
6,650,0 23 9
443,2
4.287,8 26'J
1,729,6 20,889,4 24-3
12,993,2 160.7O&3 16 ii
1,418,3 19,412,2 '24 -0
440,4
3.905,1 20-3
009.7
6.348.0 25 9
669,6
2,716,6 20 1
1,917,8 13.7 14.? 25-7
5,602,2 e0,790.6 281
385,5
6,509,0 225
2,121,6 20.244,7 25-3
403,6
3,718,5 18-3
621,3
7,255,1 28-9
379,4
8.813,5 25-1
4,479,0 39.377,1 25-0
424,5
9,158,3 21-6
1.377,0 21,614,0 24-5
6,804,0 86,189,0 26-1
195,3
1, 408.X 24-3
2,618,6 25,109,7 25-9
1,747,0 10,489,0 22-5
2,563.6 103,191,0 24-6
488,4
8,662,6 26-8
229,0
3,670,0 191
449,7
6,774.9 23-3
187,2
4,234,3 22-6
1,898,9 67,717,4 26-3
427,3 11,303,6 26-7
890,0
3,768,0 29 -8
719,8
6,432,8 21-8
2.966,2 13,996,7 260
251,4
7.386,1 26-1
121,1
2,668,7 •io-i
617,9 10,241,4 210
313,0
4,486.0 23 8
1.677.0 18,071,0 26-8
849,0
4,878,0 29-6
260,0 10,228,3 24-7
442,7
6.278,2 25-7
714,3
6,969,1 22-1
243,0
4,342,0 'Jto-i>
6,883,0
3,670,7
1,182,0
46,784.8
4,140,0
1,106,8
1,336,7
630,6
784,0
620.4
8.346,1
24,779,0
3,359,4
364,7
676,2
121,7
1,618,8
11,488,3
1,081,6
3,017,1
271,0
1,481,3
1,838,5
5,381,0
1,546,1
3.939,0
14,629,0
147,1
8,922,9
614.0
22,756,2
1,841,2
Capital A
Surplus.
lie-
COO) in all these figures.
630,2
866,6
683,2
3,796,3
6,434,0
2,312,6
780,4
5,002,3
4,660,9
3,104,6
3,186,6
3.511,5
2,989,3
4,024,0
1,662,7
10,827,0
2,651,0
2,066,0
6,491,0
12200,3
2,993,0
3,733,0
2,874.1
1,192,0
All other countries
Total 1905
Total 1904
Total 1903
Silver.
Great Britain
,
Mexico
South America
Total 1905
Total 1904
Total 1903
$12,566
20
9,657
$2,306
25,113
16,372
15
56,852
882,907
1,223,305
19,819
$571,038 $19,149,868
25,567,534
802,657
408,360
19,743.883
$43,806
26,256
20,074
$2,195,469
604,254
1.022,962
All other countries
for the week in 1905, $53,605 were
$2,321 American silver coin. Of the
the .same time, $7,000 were American
wr ere American silver coin.
Of the above imports
American gold coin and
exports during
gold coin and
Auction Sales.
ol
$570,199 $17,786,665
638,335
12,892
110,820
839
4,000
687,499
France
Germany
West Indies
—See page preceding.
Brooklyn.
BorouKh ...
Broadway
.
Brooklyn
..
Mrrs.'Nat..
Mechanics'
Mer:Lmlita'.
i
Nat
ity
..
.
•Vanl
.
Wlllabout
.
200,0
150,0
30o.o
252,0
600,0
100,0
300,0
300,0
100,0
100,0
100,0
200,0
100,0
106.2 1,924,1
362,2 2,694,0
169,6 1,678,4
607,8 3,661,6
536,9 10,071,0
77,5 1,774,2
806,2 5,067.0
598,4 3,432,0
183,8 1,331,4
199,8 1.734,3
714,0
98,4
184,2 8,198/)
925,3
102,6
113,0
61,0
122,0
149,4
156,0
405,6
377,7
68,8
98,5
581,5
773,0 1,335,4
116,2
220,9
414,0 1,159,0
304.0
399,0
90,5
36,9
110,7
320,3
75,7
62,8
225,0
289,0
36,5
30,0
285,8 1,600,7 1,273,0
6,048,2
26,7
13,0
104.8
278,7
338,4
11.1
220,0
157,0
20,4
80,7
12,7
121.7
93,5
49,0
311,8
255,2
82.5
202,0
310,0
125,8
171,9
734,0
151,6
2,131,5
22384,7
1,990.0
4.664,5
12,307,0
2,094.7
5,637,0
4,052,0
2.178,4
860.9
4,l4:i.o
1,033,7
Jkmetcity
First Nat...
.onal
.
Second Nat.
Third Nat..
400,0 1.118,7
4.573,0
166,1
250,0
250,0
200,0
663,4
122,4
301,4
2.290,7
87,6
67,2
31,9
75,5
23.9
87,0
537,3
159.0
607,1
275,9
2,482.7
13,6
25,0
928,6
2,101,1
110,0
125.0
646,3
160.2
2,010.7
149.2
42,6
20,2
45,2
244.1
447,3
86,4
2,866,2
1,401,5
034,'.'
1,635,1
^auMtirj ami |f itiatucial.
Spencer Trask
I
46J
Tot.
1 16370 134490 1239998 3.706.9 6.534.9 146857 8.615,7 1387907
Tot. J" ly 2» 116370
7.22.3.::
I 231888
9,008,6
ToUJ'ly 22 i.16370
.2277 S.762,0 7.280.9
9,640,2
I
Co.,
We
transact a general banking business; seJi and i»urolinse Investsecurities; issue circulars describing snort-term and lini^- term
hik'li-grade bonds; execute commission orders upon the New York
Stock Exchange and in the linannal markets ol the leading Cities,
We also have special representatives in all of the principal cities.
ment
Branch Office, Albany, N.Y.
YVilliuin
Moffat
HODOKE.V.
Vat...
beoona Nat.
&
nvPNtmcnt Ranker*,
6
&
and Pine
Stw..
New
York.
white,
Members New York Stock Exchange,
- HANOVER HANK BOXXiDIMO,
NASSAU STREET,
jDeulcrs in Investment Securities.
COMMISSION OUDEltS EXECUTED
l'OU
CASH
ONI-Y.
THE CHRONICLE,
598
ml
For Dividend!
*
l&t*
7
i&'iX2Zi\Z.
see page 596.
WALL
STREET, FRIDAY, ALIO.
11
1905.— 5
—
P.
M.
The Money Market and Financial Situation. The ordinary routine of a mid-summer heated term at the Stock
Exchange has again been disturbed. Wo referred last week
[Vol. lxxxi.
The market for railway and industrial bonds has been
relatively steady, although such changes as have occurred
are generally to a higher level.
The volume of business has
averaged nearly $3,500,000, which was fairly well distributed.
The Japanese issues have been less active than
of late and eased off fractionally during the early part of
the week, but are firmer on the more cheerful feeling.
—
United States Bonds. No sales of Government bonds
an unexplained advance of 45 points in Delaware Lacka- have been reported at the Board this week. The following
wanna & Western stock and we have now to record a fur- are the daily closing quotations; for yearly range see third
ther advance of 30 points, or 75 in all, within 15 days. page following.
There also occurred during the same period an advance of
Interest Aug
Aug Aug Aug Aug Aug
33 points in Delaware & Hudson shares. Other noteworthy
Periods
5
7
b
9
10
11
advances, nearly all of which took place on Thursday, were
•1037
those of Great Northern 19 points, Central of New Jersey 2a, 1930
*1037„
•104
registered Q— Jan *103»«
104
8 •104
coupon Q—Jan *103\ *103't •103'6 104 •104
104
10 points, Illinois Central 934 points, New York New 2s, 1930
2s, 1930, small.registered
Haven & Hartford and Lake Shore each 7 points.
2s, 1930, small
coupon
registered Q— Feb *io8^1 -\QA^ •io.'ii; •Yw'u •i'oT'4 103U
Naturally such movements in a previously rather narrow 3s, 1918
3s, 1918
coupon Q— Feb •lOSVt *103' 4 •joa^ »103'< •103 * 103\*
and featureless market have excited considerable curiosity 3s,
1818, email. registered Q— Feb
103"
-103
•103
•103
coupon Q— Feb •103
•103
outside as well as inside the circle of ownership, and further 3e, 1918, small
•104
•104
•104
•104
registered Q— Jan •104
4s, 1907
104
developments are awaited with interest.
coupon Q —Jan *104 •104 104 104 •104
48, 1907
104
*
•132
•132
Other events which have absorbed attention are the meet- 4s, 1925
•138
M32lj
registered Q— Feb *132
32
132i?
•132
•132
coupon Q— Feb M32 132 •132
ing and opening negotiations of the peace envoys at Ports- 4s. 1925
* This is the price bid at the morning board; no sate was made.
mouth, and crop reports. The former has been accomplished
satisfactorily and the latter are more favorable than had
Railroad and Miscellaneous Stocks. The stock market
generally been expected.
They indicate that the corn crop has again been unusually active for the season, the transmay be the largest in the history of the country and that actions averaging over 600,000 shares per day. Interest
the wheat yield bids fair to be next to that of 1901, which has centered largely in a few issues, as noted above, alwas the largest. These facts have stimulated a feeling of though these were not the most active. Naturally the
confidence in all departments, and, barring any adverse de- remarkable advance in these stocks had a hardening
velopments, a season of general activity seems well assured. influence on the whole market, but the upward movement
The open market rates for call loans on the Stock Ex- was checked before the close to-day and in some cases
change during the week on stock and bond collaterals have a substantial decline was recorded.
ranged from 134 to 2 p. c. To-day's rates on call were \%
Union Pacific has been the most active railway stock and
@ 2 p. c. Prime commercial paper quoted at 4@434 p. c. closes 2 points higher than last week. Atlantic Coast
for endorsements and 4 34 ©434 p. c. for best single names.
Line has continued its upward movement on limited transThe Bank of England weekly statement on Thursday actions. St. Paul has been in request, presumably on crop
showed a decrease in bullion of £586,826 and the percent- prospects, and, with North West., Great Northern, Atlantic
age of reserve to liabilities was 46' 72, against 47' 45 last Coast Line and New York Central, is on the list of stocks
week, the discount rate remaining unchanged at 2J4 per that have advanced from 3 to 6 points within the week.
cent.
The Bank of France shows an increase of 19,700,000 The local transportation issues have been steady and a confrancs in gold.
siderable portion of the active list has advanced only a
NEW YORK CITY CLEARING-HOUSK BANK?.
point or less.
No special interest has been manifested in miscellaneous
Differences
1905
1904
1903
1rom
industrial stocks.
The iron and steel shares have been
and
Aug 5
Aug
6
Aug
8
previous week
active and generally steady, although Colorado Fuel & Iron
The copper stocks, including American Smelting
$
is lower.
$
$
115,972,700
115,972,700
110,422,700
6 Refining, have been strong, and General Electric is about
Surplus
139,492,800
134,323.400
129,661,200
Loans & discounts 1,146,163,700 Ino 1,316,300 1,095,476,900 912,697,100 7 poinis higher.
Central Leather issues, on the other hand,
49,490,300 Ino
685,700
38,641,500
43.916,900 have lost a part of the advance recorded soon after they
Net deposits
'1,197,126,300 Deo 2,618,600 1,204,213,400
912,272,500
Specie
222,104,300 Dec 2,726,400
273,16S,200
171,841,900 were listed.
Legal tenders
89,340,800 Dec 1,070,700
84,194,000
77,813,300
For daily volume of business see page 608.
The following sales have occurred this week of shares not
Reserve held
311,445,100 Deo 3,797,100
357.362,200
249.655,200
25 p. c. of deposits 299,281,575 Deo
654,650 301,053,350 228,068,125 represented in our detailed list on the pages which follow.
to
1
1
—
12,163,525 Deo 3,142,450
56,308,850
21,587,075
$8,466,700 Umted States deposits included, against $8,456,900 last
week and $23,370,100 the corresponding week of 1904. With these United
States deposits eliminated, the surplus reserve -would be $14,280,200 on
August 5 and $17,420,200 on July 29.
Returns or separate hanks appear on the preceding page.
JSTote.
Surplus reserve
—
—
Foreign Exchange. Market dull and tone easy until
Thursday, when there was a recovery and the close was firm.
To-day's (Friday's) nominal rates for sterling exchange
were 4 8534 for sixty day and 4 8734 for sight. To-day's
(Friday's) actual rakes for sterling exchange were 4 8470®
4 8480 for long, 4 *665®4 8670 for short and 4 8695@4 87
Commercial on banks, 4 8440@4 8450, and
for cables.
documents for payment, 4 83%@4 8485. Cotton for payment, 4 83%@4 83^; cotton for acceptance, 4 8440®
4 8450, and grain for payment, 4 8480®4 8485.
To-day's (Friday's) actual rates for Pans bankers', francs
were 5 18%a@5 18~34 for long and 5 16J^a@5 16J^ for short.
Germany bankers' marks were 94 11-16@94% for long and
95 l-16a®95 1-16 for short. Amsterdam bankers' guilders
were 40 5-16<i@40 5-16 for short.
Exchange at Paris on London to-day, 25 f. 17c; week's
range, 25 f. 17c. high and 25 f. 15c. low.
The week's range for exchange rates were:
Sterling Actual
High
—-lionq
-S/iarl.-
84S0
<5>
4 8490
4 8470
Low
4 8480
Paris Bankers' Francs.
4
@
—
5 18^a <3>
5 18H
5 lSJia
5 \H%
Germany Bankers' Marks.
High
©
Low
High
Low
94%
94 11-16
Amsterdam
High
@
@
—
Banlcfrs' Guilders.
Low
„_
@
@
Less: a 1-16 of 1%.
x 1-32 01 1%.
4 8665
4 8670
|
4 8656
4 8655
I
\
94 1i-16d|
94%
—
-Cables.-
|
I
I
|
5
6
16%a
10Ve a
95M<i
40 5-16a
40 5-16d
40 6-16
rtl-32 of 1%.
1/3-32 of 1%.
The
4 87
4 8680
5 16%
6 16JS
95 1-16
95
40%
4 8095
4 8670
95H
ft3-32ofl%.
Plus: * 1-16 of 1%.
following were the rates for domestic exchange on
at the under-mentioned cities to-day: Savannah,
buying 50c. per $1,000 discount; selling 75c. per SI, 000 premium; Charleston, 1234c. per $1,000 premium; New Orleans bank, 35c. per $1,000 dis.; commercial, 50c. per $1,000
0is.;
Chicago, l,!)c. per $1,000 dis.; St. Louis, 40c. per
fjpl ,000
dis.; San Francisco, 30c. per $1,000 prem.
State and Railroad Bonds.
Sales of domestic State bonds
at the Board are limited to $30,000 Virginia 6s deferred
trust receipts at 14 to 14 J£.
New York
—
Sales
STOCKS
*
/or
Week
Week Ending Aug 11
Amer Beet Sugar
100
Mange for week
23i9Ang
1
Range
sine* Jan. 1.
7
23 4 Aug 34% Mar
Ang 7 77 Jan 86 Mar
Aug 5 12^aCAug 27>oCAug
AuglO 116 Apr 159 Jan
Aug 6 44 Jan 74 T'ly
AuglO 101 Apr 106 Aug
24 Augll
15 Apr 24 Aug
U=sAngll 60 J ne 71<V,Aug
7 7*5 Aug 8
71 Jan
80 Apr
83 Aug 7
29H,May 39 Mar
14 Apr 16 4 Aug
16»aAng 9
iSd^Aug 8 185 J'ly 190 Mar
220 Aug 7 ;o0 Aug 220 Aug
23*aAug
60 83 Aug 7 83
6,500 12HioAu(r 8 210
Amer Woolen risrhts
100 150 AuglO 160
Buff Roch & Pittsburgh.
100 78 Aug 8 73
eh Denv C, stmpd..
Ft
100
106 AuglO 106
rmemic.al,
pref..
General
Preferred
W
Havana Eleo By
Preferred
960
...
1,600
20 Aug
IflVAug
77 4 Aug
S3 Aug
Kanawha <S> Miohljan...
1,000 14 Aug
Keokuk* Des Mo
26 ISrtVjAug
Morris <fe Essex
1,100 218 Aug
Northern Central
Homestake Mining
100
100
BR
r
7
9
8
7
Securities IU Cent'J
stock trust certificates '.,610
U
97 Aug 8 99^AnglO
92 Jan
200 13^Aug
13 4 Aug 9
11 Apr
260 110»<Aug i 111 Aug 7 100'eJam
R Leather
Preferred
Outside Market.
tures in the
994Aug
14°sJan
lllWly
—There have been
market
some interesting feafor unlisted securities this week, chief
of which was the activity and strength displayed by the Albany & Susquehanna new 40-year 334-per-cent bonds. The
sharp rise in the price of Delaware & Hudson stock on the
Board had the effect of advancing the price of these 334s
(they being convertible into stock of the Delaware & Hudson Co. on the basis of one $1,000 bond for five $100
shares of stock) from 107 to 116; the final sale to-day is at
The upward movement in Interborough Rapid Tran115.
'ie
early part of the week, the
sit was continued during
price advancing 334 points to 222*4; later, however, there
was a decline to 21734 on profit-taking sales; the close today is at 218. On transactions aggregating about 10,700
shares, Northern Securities rose from 177 to 184%, and
ends the week at 18334- The "Stubs" sank from 26234 to
Otis Elevator common jumped from 57 on Tuesday
250.
Dealings in Chicago Subway have been on a
to 67 to-day.
somewhat. smaller scale this week; prices ranged from 84 to
86%, with the final sale to-day at the high figure. Bethlehem Steel common declined from 3434 to 31 34, but to-day
reacted to 32%; after a gain of 2 points to 92, the preferred
fell to 8S% and closes the week at 9034. Consolidated Rubto 3%, with the last sale tober Tire common rose from
day at 334; the preferred moved up 334 points to 1234Greene Consolidated Copper advanced from 2434 to 25^
and closes to-day at 2534- Greene Gold ran up from 4*4 to
4%, and after a reaction to 434 recovered to 434.
Outside quotations will be found on page 608.
2%
4
*
New York
S
.
Exchange— Stock
Stock
3i1
.
Record, Daily,
.
Weekly and Yearly
OCCUPY NO TWO PAGES
1
aTooxa—HjonsaT and lowest sals pricks
Saturday
Aug
A
1
Wtdnesday
Txusday
Monday
5
Aug
7
Aug
8
Thursday
Aug 10
9
STOCKS
the
,VEW YORK STOCK
J-riday
11
Week
8 fiares
KXCHAN»K
Aug
Range tor Year 1905
Range for JPrtvUtui
On basis of lOO-share lots
Year (1904)
HigKett
Lowest
inchest
Lotcest
l{inln»:iiU.
86% 87 4
192% U'H
:,
164
164
1144114%
ICO
*8
•
•t<8
tit's
09%
16."' '4
165 "i
90
7J
•TO
2
-
.
%
•7-
80
•si
-
K
to
404 41%
41% 42%
81 «i
20 <e
87
81
81
1
"s
131
"i
4
4
318%
jis
242
193
•
111!
<s
20*
i
•17% 134
40 4
9
4
94
•35
•84
21
X8»
34 222
242
184
}193
17%
'88
9%
216
194 4
196
216
211
54% 65
42
42%
81%
81
264 20
81
80
*S4
88
67
33
187
219
246
194
190
188
222
246
194
200
1S7
219
184)
'246
248
194
2O0
.'0
*
194
190
1
120
28% 29
119
450
32
87
449
118
SK% '29
•81% 62 V.
88
29%
•162
62 m
404
40
40%
120
28% 38%
•614 624 •614 02
40
404 40% 40
197% 197% 1974190% lf>8%2814 201% 205
4i>4
440
440
33
67
«420
•31
36%
20
•31
-'0
92 4 B3%
164
16
32 4 33
46" s 474
•4
•74
74%
714 714
•90.
.
25
1-290
b6%
21%
92%
16%
440
4 10
32
•31
86%
224
98%
16%
32 4 3S4
47
48 4
s4% 85 4
74% 754
73
•90
290
73
103
291
440
31% 88%
86% 87
224
22-, •21
92% 92%
92%
16
164
164
34% 34%
344
48
48% 47% 48%
843, 85 4
84% 85
74% 75 4 74% 75%
73% 73 4 734 73 4
86%
28%
92%
15%
32%
593
'90
93
100
2904 202 4 290%291%
85
85
23% 234
"92% 96
92% 92 4
*93% 94 4
94% 94%
172 176% 173% 174%
2.-% 29%
29
28% 29 4 88
56
58% 56% 57% 56
57%
•82% 83
•S2% 83
83% 82
•924 96
93%
•93% 93% •93
171417
171
171
95
•92 4
881a
554
55 4
*82 4
•26
83
27
7,
•26
•67% 684
•34
35
97
320
do
27
26
57% 57% •57
31% So
36
27
27
*93
97
•93
96
'30O 320
300
•800
• 56
ob
50
55
146 4 1461, 146% 147% 147%147%
•166 16Cis 1664160 4 166% 167a,
82% 83 4 88% 834
•83% 83
127 127% 127 12$% 12741284
22% 23 4 22% -i34
22 % 2.2%
140 146
•140 146
•140 146
"65
68
•65
6«%
69
1634
•96
974 97ia 97 4 98
98
139 1391, 1364139
139 140
165 166 •165 166 163 166
28% 29
28% 28%
29% 304
68% 65
64% 65%
•f|% 64
190 4 100H 100 4101
101 1614
•150 151% 150 150 •148 158
93
•55
147
146
67% 67%
974 974
1364138
37 4
29% 304
64% 65%
100% 1014
148
148
38^ •37% 384 "374 384 374 374
• 20
21% •20
21% •204 214 •20
21%
146% 1471, 147%1494 1484150
14841494
53
53%
544
•63
52%
534 644
544
-,
•116
•116
84
120
•82^ 84
120
84
•116
'83
«2«S%2024 202
20;
S3% 62% 63% 53
102
527,
85%
353,
•90
86
86%
•96
86
•90
211
120
84
203 4
94
213
95
110
95
•76
•100
78
112
75
•100
78
112
106% 108 7
(
•93% 94
•91^ 92%
314
Si's
77
77
79
112
106% 108
94
94
•914 924
314 31%
77
77
78
•100
•83
208
62% 534
354 86
53%
86%
94
»0S4 209ia 209 212
•934 95
••34 94
*934
•104 110 •104 110
•104
93 4 95
•934 93
•934
14 2 % 143
142% 143 4 143%
•38
40
41
41
44
94
92
•93
143%
4
143
42%
444
•75
100
110
95
143%J
44 4
784
112
4108
944 944
107
94
92 4
92
93
31% 32%
314 324
77
77
77
62
54
63% 534
24
77-V
25 4 25%
78
784
•684 68%
185
195
23% 24
61
61%
61% 65%
118
100
844
35
,
-
:i
20%
.
:,
118
34% 35%
994 094
M
I
-1
934
944 »44
104
24
244 25 4
774 774 •77
79
68% 08% 68% 68%
•lei 190 •185 100
190 190
•24
24 if •23% 244
24% 24%
462 4 62% •60
62%
614 62
64 % 054
65
88 65 4 60%
1174 118
117% 113
118 118
35 4 35%
33>t
35% 35%
•934
98% 99
99% 99%
•93 100
•9a 100
100 100
334 33',
34
34 4
344 34%
•127 1274 •127 127 4 •127 127 4
•341? 34J, •34
35
34% 34',
•764 79
684 6$4
94
211
209
106% 108 4
94
92
120
84
{204
116
i
m
.
166
'163
1
1
>
147%
167% 1674
82% 83%
1274128%,
22% 23
140
M
s
37
98
815
60
300
1
,
27 4
•36
prof
\'!autic(Vi.«i I. In* Rll..
,
67% 59
68
36
96
320
60
Do
'.
7% 18 4 •174 18
*38
404
404 '38
94
94 94
04 04
35 87 •364 38
103 4 103%
108 103
18 4
40i,
'118
120
90
6S%
60% B7%
32% 34%
4 18%
1814 1S1% 181%181% 1814 182%
3
US
•88
166% 106 <i
71% 71%
20%
•84
80
644 66 1,
3S% v82%
1014 102
100
•
81",
20% £0%
•187
80
•1
69 4 704
•88
•88
90
80
165% lfitJi*n 156 156%
•70
71
71% 72
210 2124 808 212
64 % 65 4
55
554
Vtoh. Topek:i*Santa Fe
*S% 80 4
103% 108%
'
1
4i'4
6
•
100
99,050 77% May22 93% Max
64 Feb S9% Nov
6.600 99 Jan 3
87% Jan 1 04 4 Nov
11,900 120 Jan 2 170
1
Apr 24 04 4 Feb 1554 Nov
167% 109
74.970 100 4. 1 an 2 L16%Augl )• 72% Mar 105 4 Deo
115% 116% HillimoreAj Ohio ..
827
91
Mar
\ '11
LOO
87% Keti
4 Oct
{'J'.' 4
99 "i
pref
Da
69% 70 Brooklyn Rapid Transit.. 31,375 56% May23 73%) J'ly 8 38 Feb 70 4 Nov
•83
*ss
874J»n 1 91% MaylS 83 Nov 89 Aug
80
Rnrtnlo & Susqufl, prof.
90
4o".800 130% Jan 25 160% Aug!
155% 156% 154% 1604 / 'unndtan I'actllo
109 4 Mar 136% Oo*
78 4 A ii-ll
8,900 67 4 Jan
04 Apr 72 Nov
714 71%
71% 73 ^ innda Southern
211 220
218 219 Oro*ral of New fersey.
3,726 LOO May.':: 130 AuglO 164 4 Feb L9*% Nov
41,800
45 4 Uay22 60 4.Mar2l 284 Mai 61 Nov
64
54% 5 t 4 57 fki'Aupeake «fe Ohm
•89
5,900 HI
May.'.'
42
44^ MarlC 33 Jan 47 4 Nov
40% 4"% Chicago* Alton
si
1,801
814
\pr 7 75 Jau .85% Jan
81
77%J'ne26
814
Do prof
65,300 17 4May2J 25 4 Mario
20% 21
21
1 2%.
ne 26% I*ov
21 \ ClucaKO «r«it Western
[<*•<
•84
88
4 Mario 80 4 J'ly 90 Nov
86
•84
87
83% May22
l>o 4 p. o. doVen
:V,710
9
60
,I'ne
J'ne
68% 70
70%Aprl7
47
74% Nov
4
"A"..
88
Do 5 p. c. pref.
69%
7,900 29
20 J'm 39 4 Nov
83% 83% :!'-'% 82
May2; 37 4 Apr
Do 4 p. c. pref. "B"..
187 4 Apr 17 1374 I'Vb 177% Deo
130% 1S3% 184 4 186 OhlOftM Mllw, A St Paul. til ,950 10,8 % May
560 182 4 Jan 18 192 4 Apr 17 173 Mai 185% Oot
189 1 90 4 191
DO pre*
191%
'•
218 4 891
9
249
20,300
(iiyO^.Pue
Jan 31 161 4 Mai 2144 Deo
'l'lnwto
<fc North western
830% 824
245 245
520 284 Jaul3 265% F«b 1 207 Feb 237 Nov
Do pret
>346 346
Mai 160 Nov
4,685 150 Jan 6 225 Jan 31 135
194
199
198% 199 Chio. St. P. Mtun. « Om.
197 197
116 196 Jan 17 230 Jan 8 1 $165 Apr 192 Deo
200 200
Do prof
•17% 18
7% Jan 5 20 j'ne2S>
5 4 An« 164 Nav
•17% 18 Chicago Terni'l Transfer.
•38
17 4 Jan 4 42 4 J'ly 6
40% 38
114 Ant; 27% Nov
Do prsf
404
9
2,700
6 J'ne 2 13% fob 2
J 'ly
1 6 % Nov
4
9%
8% 9 Chisago TJnien Traction.
•364 38
64
30% J'ly22
Feb 3 29 May- 48 4 NOV
Do pro!
SO 37
103 103 3 *1014102 CleTS. Cin. Ohio. & St. L. 10,900 90 Jan 11 111 Mar21
es 4 May 93% Deo
119 120
115%J*ly26 121% Marll 100 Fab 115 Nov
•119 120
Do pref
28 4 25.4
28% 284 Coloru/lo <& Southern
4A30 22% Jan 20 30%Apr26 13 4 J'ne 24% Nov
330
62 May.'
64 4 Fib 10 48 J'ne 63 Deo
614 61%
Do 1st pref erred
82
63
40
2,225 32 4May28 404 Aag 3
40
17%J'ni 374 Nov
I"'
Do 2d preferred
40
55,500 1784M»y22 224 Aug 10 149 Mai 190 4 Deo
205 224
214%220 Delaware & Hudson
450 4684 470 470
1,700 335 Jan 26 470 AugU 2604 Feb 359% Deo
etaw. Lack. A Weat'n.
3-2
1,400 27%May23 364 Mai 14 18 Mar 35% Nov
33
32 4 32 4 Denrer Jb Rio Grande
3,200 83% May 1 91
86% 86 •', 86% 874
MarlC 644 Feb 89 Deo
Do prsf
•21
300 is May22 284Marl7 19 4 Jan 27 Deo
224
20 Des Moines <& Ft. Dodge.
20
95 J'ne22 604J'ne 79% Deo
1,300 76 4 Jan 2
92% 92% 92% 92 \ Detroit United
4,080 11% May23 174 Jan 21
15% lti\t
5 4 J'ne 14% Nov
16% 16% Dulnth So. Shore <fc Atl..
18,520
21
37 Jan21
33% 34
May22
9 % Aug 284 Nov
Do
pref
35%
33%
157,035 37 4May22 48% Marll
47 4 4s k
214M»> 41% Nov
48
48% \? ne.
17,430 74%M«y22 854 Aug 7 55% May 77 Deo
84% S4% 84% 85
Do 1st pref
16,476 55 4 Jan
75 4 Aug 7 3a May 584. Deo
744 74% 75
Do 2d pref
754
2,383 63 J'ly 6 75 Aug 11
73
73
51 J'ly 67
Deo
Evansv.
Terre
&
Haute
75
74%
90 100 90 100
10 90 Feb 28 $93 Aug 8 72 Feb 83
Nov
Do pref
27,150 236 Jan 4 335 Apr 17 170 Mai !424Deo
291 293 4 295 309 Great Northern, prsf
1
8«
90
Febl6
Jan
13
Ang
86
Nov
Green Bay* W., deb. ctf.A
70
4
19 17 May 2_ 244J'nel9
11
J'nt 20 % Nov
Do
deb. ctf. B
400 86% Jan lb 99 Marll 60 Mh\ 94 Deo
914 93% 03
93 Hocking Valley.
830 90 Jan 18 96% Mar 13 77 Mai 95 Deo
914 914 92
Do pref
93
34,47 8 152% Jan 25 180% AuglO 125% Feb .59
Deo
174 4180% 179
180 4 illlnois Central.
2,450
24 May 2 4 32 i'eb 3 14 J'ne 33 Nov
LO\ra
28% 2s 5
Central.
28% 28%
00'
3,960 50 MaylO 58% Feb 3 32 Feb 59% Nov
Do pref.
00 "4
58% 60 4
100 81%J'nel9 84 4 Mario 64 4J'nf S3 4 Nov,
•82
83
82 83 I7'C.Ft.S 1 AM.;Ltr. cts. plri
•26
1,700 22 4May22 34 Feb 14 16 4 Feb 31% Nov
ansas
27% •26% 28
City Southern..
3,700 52 Jan 3 70 Feb 14 31 Feb 56% Nov,
58
58% 63% 59
Do pief
725 284.1'nelH 44 4Marl4 3l Mar 43% Deo
36
36
36 37 Lake Erie & Western..
•03
100 91 J'neK 106 Marl3 85 J'm .05 Oct
98
Do pref
•94
99
_
206
L.
5315 325
Shore
Mich.
i 200 Jan2u 3350 Maria
&
'320 330
South'n
J 245 Nov $300 Deo
100 50 4 May22 65 4 Feb 3 46 May 62 4 Nov
•55
65
'60
63 Long Island
146% 1484 148% 1514 Louisville A NasliTille... 46,350 *1344Jan25 156 4 Apr26 J.01 Feb 148% Deo
3,800 161 May 1 175 Feb 9 139% Mai 169
"4Nov
166% 166% 167 4 167 4 Manhattan Elevated
6,600 73 Jan 9 91 Marl7 724 Mai 96 4 Aug
•trop. Secux., sub. rec.
82% 83
83
834
42,900 114 Mayll 131 J'ly 5 104% Mai 130% Oct
127 128% 127% 1294 Metropolitan Street
27,450 18%M»y22 26 Marl3
Apr 23 %Nov
22% 23 4 22% 26 4 Mexican Central
100 $130 J'nel4 $150 Feb 15 $1194 Feb 160 Nov
140 140
120 140 Michigan Central. ..'
350
70
"65
56
Minneapolis
Jan
12
69
4
Aug
4
40
„ >4 Jan
A St. Lonis
J'm 67
67
67
1,300 86 Jan 19 98 Aug 7 80 J'ly 964 Sep
Do pref...
97% 97%
97% 98
6,100 894 Jan 11 140 4 Augll
133% 139% 139 1404 Minn. S. P. A & S. Marie.
55 Jan 95 Oct
2,600 148 Jan 13 169% Mar 29 116 May 150 Oct
Do pref
163 166
166 1S6%
11,900
24
May22
33%
•29% 30
Mo.
Kanfeas
Jan
18
30%
A Texas
14% Feb 36% Nov
80
9,345 56% May23 69 Marl 3 324 J'ne 65% Deo
Do pref
654 65% 664
65
81.485 94 4 May22 110%Marl3 87 Feb 111 4 Deo
100 101% 101 102 Missouri Paciflo
t
500 137 Jan 12 158 Apr2i» 101 4 Feb 147% Deo
\fash. Chatt. A St. Louis
150 150
152 152
600 33% May 8 45 Jan 16 34% Feb 454 Nov
at.of
384
Mex,
384
noa-euHa.pl
38% 384
Do 2d pref
17%J'ne20 24 4 JanlU 15% Feb 254Mov
214 •20% 21
147% 152 4 152% 155 N. *. Central & Hudson. 101,660 136% May22 167% Mar 14 112% Mai 145 4 Deo
54% 54
63
54% X. Y. Chic. A St touis.. 10,700 42 Jan 20 55 4 Apr 8 25 May 47 Deo
116 120 116 120
Do lstpref
115 Marl3 122 4 Jan 30 1014 May 115 Nov
800 74 May 4 85 Apr 7 60 J'ne 78 Deo
Do 2d pref
83
83% 83
33
5,958 M94 May22 211 Augll $185% Ma\ 199 Oot
203% 2 10 4 2094211 N. Y. N. Haven A Haiti
52 4 54%
64% N. Y. Ontario A Western. 40,780 40% Jan 5 64 Mar3o 19% Mai 47% Oct
64
Norfolk
10,900
A
Wester;
76 MaylO 88 4 Marll 534 Mai 80 4 Dee
85 4 85
854 864
Do adjustment pref.
500 91%Feb24 96 Augll 88 May 95 Deo
94
94
96
96
28,843 165 Apr24 213 Aug 8
208 210
210 218 Northern Pacific
500 78% Jan 17 98 4 Feb 7 51 Fab 82 4 Deo
95
95 Faciiic Coast Co
95
Do 1st pref. „
100 Jan 3 108 Feb 6 95 J'ly 101 Sep
104 110 •104 110
"*800
Do 2d pref
85 Jan 12 98 Feb 7 61 % J an 864 Deo
95
97
95
96
254,837 1314May22 147% Marl3 1114 Mai 140 Deo
142% 1444 144 145 Pennsylvania
•42
Peoria
•41
A Eastern
44
1,850 27 Jan 25 48% Apr 3
44
17 Mai 324 Deo
Pere Marquette
77 Jan H 106 Febl4 74 % J'ne 81% Jan
Da pref.
100 78 4 J'ly 12 87 4 Feb 6 $68 May 794Nov
79
79
•75
784 784 81 Pitts b. Cin. Chio. A St L. 1,600 70 May23 87% Mar 13 55 Apr 80 Deo
Do pref
2,300 106 Feb 17 112 Mario 90 Apr 107 Deo
108 1084 1084110
264,300 x79 Jan 13 108% J'ly 7
106% 1064 108 108% 1> eading
38% Mar 82% Deo
J-Vist pref
1,780 90 May 2 2 95 J'ly 8 76 Mai 92 Deo,
94
95
86
95
2d pref
3,000 84 Jan 5 96 J'ly 10 65% Feb 85 Deo
•91% 92 4
924 92««
44,850 24 . May22 37% Jan 18 19 4.Mai 37% Nov
32% Rock Island Company
314 324 32
Do prol
3,700 714May22 85 Jan 4
77%
76% 77
77
57% Jan 86% Nov
174 Ct Joseph AGr'd Island
1,480 12 J'ne 2 17% Jan 31
17
9 Mar 18 Nov
>•'
Do lstpraf...
65
2,000 46%May24 58% Jan 21
54
35 May 60 Nov
Do
2d
pref
2o
J'ne 8 29 % Feb 3 16 Jau 30 Nov
1,8.00
25 4 25 4
"76
500 73%May22 81 4 Mar 6 $61 .Mai 79% Deo
79 St L. AS. Ft., 1st pref....
79
79
Do 2d pref
•68
2,000 01 May26 73 4 Mar 6 39% Jan 724 Deo
68%
634 69
C. A E. I. com stock tr etfs
112 175 J an 30 1944J'nel2 150 Jan 185 Deo
185 194 185 194
1,400 20 May22 274 Jau 21;
33% 23%
24
24 4 3t Louis South-western..
94J'nr 29 Deo
'60
Do pro*
62
3,035 55 4 May 1 66% Apr 18 25%J'ne 60% Dee
614 63
65 4 66
65% 664 .Sonthern Pacific Oa...... 50,310
72% Fob 27 414 Mai 6S 4 Nov
% May
Do prof
118 4 1184 1184119
2,496 116% Jan
121 4 Feb 15 113 Sop 1194Dic
34% 35% 34% 35% Southern v.tr. cfs. stmpeu 46,200 28 MaylO 36% Mar 13 18% Feb 37 4 Deo
Da pref.
99 4 99 4
do
99 4 994
2,600 95 Apr 28 LOO .Mai 22 774Jan 974 Deo
99 loo *»9 100
M. A o. stock tr. ctfs..
400 97 Apr, 18 100 Aug 6 90 Feb 98 Deo
34 4 34%
34% 35% 'I^exas A Pacific...
16,100 39% Apr 29 41 Marl3 20 4 J'ne 38 4 Nov
127 4 1274 127 41274 A hird Avenue (N. Y,)
200 124 Apr2
134% Fable 115 Mar 134 Oct
"
34% 34% 34% 34% Toledo Railways A Light
600 22% Jan 13 37 4 Apr 12 174J'ne 274 <)ft
89 4
87% 88% 88
87%
10,8% 108 4
108% 103% 108
85 % 167 4
167% 1604 16", I*
115^ 1154115% LIS 115%
•984100
•98410(1
LOO 100
69 ', 70%
70
69% 704
87% 87%
102S 103
164 < 167% 160
114%116% 114%
87
102 a,
4
137%
34% 35
127
l
BANKS AND TRUST COMPANIES—BROKERS' QUOTATIONS
liauka
saw
Ai, erica
.
An, t-r
Mid
Aitc
177%
620
txch.. 270
a ..
775
Battery Pad 150
Boweryf
325
UutchStADr 155
630
278
836
160
lb5
Cha«o
Ch.ltb.llu
1
1
.20
Kxc!
1
210
J80
Hid
If It Ilk 1
340
730
Fifth
Citizens' Ctrl
Flr.it
City
280 365
Coal A Iron. 230 240
Colonial* ... 5 75
Coluin
Comnwroa... t2044
14lh Street',.
Cm Exehge*j
1624
8,70
150
Ka.it B
inlelity'. ....
Filth Ato'
..
.
.,
,
J
880
160
160
iiTuiain.i"
Qraenwloh
Hamilton!
..
|
3750
1
nip
..
lay.
j i'runt
Nasaaull
New AniMter 475
205
510
Meuli..
•lercanlile
200
till'!
Lincoln
.
(
:
190
'.tercii
.
11
Co. ooruiicaLci.
..
ti.
..
N
>rk...
L85
loth Ward",
260
388
17*0
175
North
Northern
170
,-MtM.
300
8O0
Paolnol
•,
Aajeaauient paid.
stato lanca,
n
.Sold at
Prod
175
rd
.
...
250
650
580
185
280
700
Second
Shoe,!) Leth
3 uli Street
150
250
As/e
190
550
Kxeli'
BlversideU
320
Bid
500
290
Plazal
210
alii
400
l','i]ilo'8l|...
York Co 1300
Y Nat f.x. 200
175
Uanlm
Park
Phenlx
.Vi-.w
.
2 10
Ask
510
1500 1700
,1 .iiihattanl
825
irket i; Kul 200
270
Meohanlos'
285 285
288
4 185
150
Bid
175
177
165
Ilaalis
Metropolian 170
Mt Mormli.. 210
Mutualll
300
Mi trop
iy-'^
Ask
155
230
...
t
Bid
"on"!!...
l.ilinrty .....
760
15
Hanover
190
Hanks
fnterborofl.. 145
living
1
Barman Ami
German i-..v
1
Ask
BOO
Oarflsld
l Vau 1 •"'Ted
u V at Stock prices; no sale* urero i.i.tj.) ,i;i „ .,.,
aalo
Exchange or at auction this woeic
'
I
170
i'65
Ask
Bid.
4300 4SS0
Connoliibitfc'l
.,
Centu.
Banks
Chemical
tork'
..
270
12th Wardl
26o
23d Wardl
a Bx dividend and rnchtai
private »ale at this price.
.
Loo"
1200
200
1
"
oNewatock.
coo
' BTOCE S—liJOH EST
Monday
Aug 7
'Saturday
Saturdt
'
Aug
1
6
88
88 k
57%
67'%
fll8
118k
ili'ii^isi"
130=8 131 k
98V, 98k
•97k 98k
69% 69k
69
89 34
88 k 89 k
80 k
*81k
•19
19k 19 14
40k 40k •39 78
•1(1
*40
23
17
42
24
24ia 24 "e
63
62
•235
18k 18k
• 59
02
83% 84k
r.86>a*89^
99k
/
n $> 7«
'*29k 30 k
95
*92
•225 240
*5«l(
*7k
3
*27
•17
*40
48 3<
St
7k
39
28
19k
44
48 34
72
90
80 k
T.i',
40"8
17
•16
*39
41
•23
24
24 '4 24 34
63
64
*235
245
18k
61%
83 k 84-k
23 k 23k
37 k" 37%
{loo 100
*29 34
•92
H0»4
95
240
225
6
6
•7
8834
7%
39 k
27k
28
20
•17
*40
49
Wedneidny
44
Ann
38k 38k
57k 67k
131
•98
72
90
30
•92
*225
<!6k
•7
4k
"4k
3
4
4
24
39 34
k 245
'4
"Jf7'i4"37%
39% 39 k
28 k 28 k
•18
20
*40
44
•534
7
e Jo
7
39 k
?29
•17
•40
3934
29
20
43
48k 49k
*111
*4
•23
99
98k
127»
12614
6
126 34
122% 123
123
*168 183
*168
H02kl02k *103
•98
4
9k
40
41
111k
4k
25
98k
129"%
123k
183
105
8 34
?8 34
39 k
39
9k
40
144%145k 143k 144k
142k142% 142kl44 34 •139
141
140 140
"139 140
•138% 140
•138 140 •138 140 "138 140 "138 140
97% 97
97%
97k 97k 97 38 97% •97
37 34
37% 373s 37 k 37 k 37
36k 3714
102kl02 8e 102k 102k
•]02 34 103k 103 103
116kH6 34 116 117
115 115k U14 116
187 194 *187 191 *187 194
•187 194
15 34 1634 *15k 15 7e *15k 15 7e
IMS'* 16%
*56k 57
•56 k 60
•56k 60
K*56% 67
43 k 43*<>
43 k 43 7e
42
43 k
«43k 44
34 104 3
105
104
J.05
4
103 k 104 34
104% 104k
47i4
47
46
46k
46
46
46%
463s
*
*
95
.
96
*... . 96
95
•14
14
14%
14
1334 14k
13k 14
•191
193
193
193
•190% 192k
190k 192
9 34
*934 10
9 34
9k 9k
9k
9k
43
44 34
40% 42 k 40
45
45
40 4
•42
42i* 42k
42k 42k 42k
42k 42k
•62
82
82
S5 3,
*82
85
82
82
113 113
1113 113 •113 115 -113 116
95
95
95% 95k 95k 95
94% 95 78
179 k 179% 180 180
•178 180
180k 180k
20
20
20*8
20
k
%
20 k 20k
.*19k 20
79 k
7934 BO'S
79
80% 80 k
*7Rk 79
-57
*57
70
85
•57
70
85
*b,
27
30
•27 k 30
k 30
*27k
•27 k 30
•82
•82
84
84
•82
•82
84
85
33 34 33 k
33
33 %
*32 34 33%
33
33 76
74
74
58
59
67k
?5734 67 34
67
67k 58k
115 115 U15kH5k •114 115
11334ll3 34
2134 22k
21k 22
22*8 23k
17
20%
•88
92
88
88
•88
91
86
88
3
48i
47
46%
47=s 48
4
4 48%
47
48k
*103kl05k 105 105
1031-2 105 k «103 34 105
153 34 153 7g •153 154
*152kl53k 152% 153k
1100*4 100k 100kl00 34 100 34 101
100% 100*4
43 4 •43
43
43k 43
*43
43
43 k
3
lOBklOO
106kl07k
106kl09k
106k 107
<*14 34 15k
14 34 14 34
14 34 14 34
14 34 14 34
55 e
*53k 55k *53k 55k f)4=8 54=e 55
47
464 46
45
45% 47 k
45k 45%
96 34 97 34 z95% 96 x4
90 34 96 34
95k 95k
240 240
240 240
241 241
240 240
37
37
36k 36k 30k 36k
36 V) 37
99
99
97
98
•99 100
,99
99
21i4
21% 22k 21k 22 k 21k 22
21
7
86
87 e
86% 87k
83% 83 3, 83k 87
35
35
*35
*34k 35k •34k 35k
35 k
'104
105
•104
105
»104 106
•105 106
93 14
90
87 "a 89
91k 93k 90 k 92
•105 125 107 120 106 125
106 125
•
i
!
!
i
'
'
)
;i
/
'
•
*i% Ik
89 k 89%
1
1
89% 9034
l'a
90k
Ik
Ik Ik
89 k 90 k
91
•43
•43
44
44
•43
44
•10
10k •10
10k *10
10k
75
75
74 % 74%
75
75 k 75k
3
3ll
303
313g
31%
31*8 31*8
4
31
4
sik
93 14
93 k 9lik
93
92% 92% 93
93\
122 126 {125k 125 k '124 126 *,128 126
91'„ 94 k
91
91
•89
92
94
94
34
33 k
33
33k 33 34
•33U 34k 34
71is •69 k 72
70
70k 71k 71% 72
51 -a 5214
51 78 52
52
51k 51=8 52
110 110
110 110
,110 110
109 kllO
3
34
3
a
35
36
35
30
35
k
6
e
36 k
«
35k 35%
103 k 104
103% 103%
,104k 105 Xl03kl04
35
34
S3 =a 33=8
34 k
34k 34 34 34
P105kl06% 1063s 106 34 107 k 108 U07kl07k
•38
43
41
4 k •38
43
*88
42
F235 250 •235 250 •240 250 *235 250
|,93k 93 7g 93=8 93=8 9334 ;i3k *93% 93%
M60 169 •166 169 166 169 168 168
'190 195
•190 195
fl90 195 •190 195
*43
•10
•74
44
low.
'
1
1
1
[
4
82
910
1
Industrial
84%
Adams
245
J
4
3
7k
68k 60
84% 85
58 k
&
pret
37 % American Car & Foundry
99 k
Do prof
American Cotton Oil
•92
99
Do prof
235 235 American Express
*5k 6 American Grass Twmo ..
7% Amer Hide &
•7
39
39%
28
28
De
May
May
May
20
45
Nov
O'J
Deo
Deo
Deo
May 25
Nov
1
5
Marl3
1
19 4
14
48
k J'ly
37
J'ly
4
2 - k Marl.-;
23' v Augll
21
16
56
<4
May
Jan 25 89% Api L4
Jan 24 29%Aprl5
89' Feb 3 $92 reli 16
7o
20
May 22 43% Apr 14
prot
American Ice Securities.
3,79:
mi
100
28% Aug
2 4 3 J'ly 12
15', J an 1
.
39 k Mar 71 Not
43 k Feb 82k Dec
Mar
13
24=e
U
3
4 J'ly
94% Dec
37 k Dec
97 Nov
Nov
!19
14 Dec
Ilk Dec
48 34 Dec
8
20% Nov
42 k Nov
30% Nov
Nov
Deo
29 Dec
105
9
82 k Dec
Oct
115
Nov
99% Nov
170
t
15k Dec
57k Dec
Nov
Nov
149 k Nov
153
141
42k 43
103 k 103 k
45 34
45
*
95
3
*13 4 14
190 191
104
9
40 34
40 3
•4
4
914
42
1
42% 427p
42k 42k •80
85
114
fl
•110
82
114
94% 95% 94k 94 k
180 182 34 183 185
21% 21
20
21k
80% SOag
80
80
•57
70
•57
70
•28
30
-27k 30
86
82 k 82 k •82
32 k 33i4
32 >4 33%
:
74 k 74 \
5734
57%
58
68
( central Leather
4J975
4,465
114 114
*114kll5
15
16% 13 k 15%
81
84
86
86 k
87
*34k 35
•104 105
89 k 91
•107 125
86% 87%
Do pref
*34k 35% Rubber Goods Mfg
•104 105
Do pref
90
•106
94% Dec
12% Dec
Sloss-Sheffleld St»
Do pref
89 k 9034
43
43
10
10
8,809
2,650 87»4 Mar 6
1,483 230 May31
1,500 30 May22
450 93 Jan 25
24,750 15 Jan 23
30,060 67 Jan 10
100 24 Marl4
94 Jan 25
15,050 60 Jan 25
100 Jan 13
3 Jan 28
8(1(1
4
31,100 68 Jan 25
1,100 37 k Jan 31
8=8 J'ne 6
400
Ian 10
1,442 6d
7.125 19k Jan 3
3,289 79 k Jan 3
25 $120 Jan 9
2,512 77 Jan 4
2,000 18 Feb 28
2.600 35 Jan 13
3,020 33 34 Jan 3
1,400 9S% Jan 6
279,950 24 k May22
251,930 90% May 2 2
4,170 31% May22
1,232 103 k May 1
625 36 J'ne 6
235 Jan 3
487 92 Jan 17
2,425 152 May20
190
Feb 23
& Iron
:
126
United States Express...
U S Realty &, Iniprove'nt
33 k U S Reduction & Refin'g
71
Do pref
51% United States Rubber....
109kHOk llOklll
Do pref
35% 35% 35 a4 36% United States Steel
103 k 103k 103% 101k
Do pref
34
34
34
34k Virginia-Carolina ("hem..
4108 108
Do pref
106k 106 k
$42
42
Virginia Iron Coal &
240 250
•237 k 250
Wells, Fargo &, Co
943,
C
•93% 93%
170
•190
170
195
93 34
170
*190
97k May 15
800 12% J'lyl 9
500 45k J'ly 26
19,880 33 k Jan 31
luk 10% Union Bag & Paper
75% 75k 76
76
Do pref
30 <4 31k
31% 31k U. S. Cast I. Pipe <& Foun.
92
92% 93 k 91
Do pre!
•123 126 •123
94
93 k 93k
33 k
33 k 33k
70%
71k 73
51k 51% 51
6234 Dec
J'lyll
58% Nov
95
19 k
220
26 k
82 k
40 k
Dec
Dec
66
Oct
Oct
Nov
Nov
Dec
b3% Nov
68 Dec
90 Nov
194 k Nov
25% Dec
79% Dec
72 k Dec
41% Nov
87 Nov
12 k Oct
59 k Nov
117 Nov
23 k
?87
Nov
Dec
26 k Oct
100 97% Jan 7 HlkFeb20 80 k Jan 98k
800 140 May22 16L% Apr i5 120 Feb 164
14,265 97% May22 107 Apr 17 80 Mar 107
400 33 May 2 2 49kJan 4 24 Feb 55
•1
1% Standard Rope & Twine..
89 k 90 34 Tenn. Coal, Iron & RR...
42 34 43 Texas Pacific Land Trust
Ik
•1
91
185
Nov
120 k Nov
229 k Oct
16.S60
47 k 4i 34
49
47
Do pref
'103k 105 103k 105
154 154 New York Air Brake
153 154
99% 100k 100 103 North American Co., new
•42
42% 42k Pacific Mail
42 k
eop. Ga8-L<fc C. (Chic.)
106k 106=8 £105 106
•14
•14
15
15
Pittsburgh Coal Co
55
63% 53k *54
Do pref
46
46% 46
46% Pressed Steel Car
95
95% 95=8
95
Do pref
242 2423, 245 249
Pullman Company
36
36 k •36
36% J>ailway Steel Spring...
*99 100
100 100
A;Do pref
21
21k 2134 Republic Iron & Steel...
21k
86
47
103% J'ly 24 105% J'ly 11
38 May22 59 Mar24 25 k Mai
85 Feb lo 105 Mar24 63 Apr
1,900 11 34 May 2 4 18 k Jan 30
8 J'ne
3,050 184 k MaylS 214 Mar 3 185 Feb
8 34 J'ne 8 22% Feb 7
Corn Products
3,610
9 34 Maj
Do pref
4.400 40 Aug 9 79 Jaa 10 05 Mai
Z34%
Jan
25
47
Distillers Security's Corp.
Apr
6 19kJ'ne
893
k
Electric Storage Battery.
200 76 May23 89 k Feb 27 82 Nov
Federal Mining & Smelt'g
250 6M Jan 11 128 Apr 7 43 % Nov
Do pref
3.900 75 Jan 5 107%Apr 7 71 Nov
Qeneral Electric
7,300 LOO May2u 192 MarlO cl51 J'ne
17,771 18k J'nel6 25kMarll 10k May
International Paper
Do pref
4,715 76k Feb 6 82% Apr 6 64 k Feb
60 J'ne 3 100 Feb 23 26 Mai
International Power.
27 J'ly 14 40%Feb27 28 Sep
Internat'l Steam Pump..
Do pref
100 78k May22 88% Apr 14 71%Feo
Knickerbocker Ioe( Chic)
8 Sep
4,000 10 Jan 16 34% J'ly JO
Do pref
100 60 Jan 9 76 Apr 6 4ak Jan
64
25
Jan
66%
Vfationai Biscuit...
Apr 3 36 Jan
k
1,680
i-^l Do
pref
650 112 J'ly 26 120 J4 Maris 100 k Jan
Nat Enameling&Stamp'g 20,660 13 k Aug 11 31 k Apr 5 14 Sep
Do pref
800 81 Aug 11 94 Apr 19 75 J'ly
National Lead
19,150 24k Jan 24 51 34Apr 7 14 k Feb
vv Do pref
Colorado ITuel <fc Iron
*
95
Do pref
.
13»4 1334 Col. & Hock. Coal & Iron.
190 li>2 Consolidated Gas (N. Y.).
9
9
•79
•110
104
45% 46k
41% J'ly 27
Dec
96
25
I
42% 427
Dec
87 Dec
35 k Dec
72 34 Jan
36
33
•
Oct
21%Nov
.
18k 18 34 American Linseed
•40
43
Do pref
20
43
4 « 34
49% Nov
Mai
6
22 34 Apr 17
7
J'ne
Jaul9 48 k Apr 17 22 k J'ne
48
48k American Locomotive... l6",850
Jan 25 01k Apr 13 16 k Jan
47%
lllk
Do prer
840 10334 Jan 5 122-4 Apr 15 7 5 k J an
ink •111
-4
4
Aug 3 834 Jan 14
American
4
k
400
Malting...
k
2k J'ne
*4k 4k 22
23
Do pret
800 20 J'ne 9 28k Mar 7 16 J'ne
24
24
99
99 Amer Smelters Sec pref B
650 97% J'nel2 99 Aug 1
*98% 99
130%Augll 46 Feb
129k 130% 129k 130% Amer. Smelt'g & Ruling 158,400 79 34 Jan
122
122
Ilk J a u 1 127 Apr 6 88 34 Jan
Do
k
9,800
123
pref
122 k
*168 183 •168 183 American snuff
10 63 May31 183 Jan 21 110 Jan
Do pref
103 105 •103 105
25 99 Jan 7 105kMay26 85 Jan
•9
10 American steel Foundr's.
510
Ok J'ly27 18%Mar20
3k J'ne
9k 9k 40
40
35 k J'nel4 67 k Apr 4 26 J'ly
Do pref
40
1,670
40
_.
3
142 k 144 k 143 144 4 American Sugar Rerinmj: 31,040 130 May22 149 3, Mar 2 122 k Mai
141 141
Do pref
100 _38 MaylO 141 Augll 123 Jan
136% May24 148 k Jan t 121 Feb
•138 140 •138 140 Amer. Teleph. & Teleg...
97
99
Amer.
91% Jan 25 99% Feb 8 85% Not
k
Tobac.
8385
(new),
pref.
}97k 97 k
37
37 American Woolen
4.700 20% Jan 26 40kAprl8 10 Jan
36 34 37
93 Jan 6 lot k Maris 69 Jan
Do pref
1 ,030
102% 102=8 102%102k
116 34 118 Anaconda Copper
15,900 100 k May22 130 Apr 13 61 Feb
116 117
•187 190
184
•137 194
k May22 .r.215 Feb 14 185 Mai
Union
Gas
Brooklyn
runsw. Dock & C. Im p'
"Y66 10k Jan 13 16% Aprl8
J'ly
5
*15k 15% 15% 15%
56 J'ly Is 60 k Jan 18 47' .Feb
•56k 60 Bnttenck Co
*56k 60
•17
•40
52 34 Jan
32 Nov
25 Nov
$220 Feb 150
19k Aug
6-5
Feb 17
48k M ay
22% Nov
k J'ne
J'ne
37 J'ne
AuglO
{250 1.0
48 k Nov
1'.
k Jan 25 104% Apr 6 67 Jan
500 273, J'ly 19 38 Apr 3 2 1k J'ne
350 89k J'lyl
97
Feb 16 88 34 J'ne
200 209 k Jan
246 Feb 2 180 J'ne
450
5 k J'ne23 14
Jan
Aug
5
6 J'ne 7 Ilk Jan 14
200
2=8 J jij
3,600 341. J'ne24 65kMarl7
Ilk Jan
Ecatlior
S
25
32k Feb
4
:
Jan 13
13
3
4-~
Apr 2 9
4,306
1,710
99%
5 34
23,500
28,400
100
*29k 30
•6k 7k
39k 39k
•29k
May23
!236 Jan
Amalgamated Copper
17
9
1
1
/
86
20
3,600
3.250
92,800
21 <a-Uay 38 Not
32 Feb 57 k Not
87 k Feb d07*(Oct
J'ne26 158 Aug $105 Not
6
>li«cell
37
,
Jan
2 -'
17 16(1
17kMoy2J 23% Feb
37
200
Express
Uis-Clialniers
Do
May
Apr
Aprl2
k Apr 4
65
1
71
Mai
137k
101»b Feb 21 j;86k Feb
74 Augll
9
04 k Jan lo 90 Aug 7 42 k A pi
J'ly 7 82
IS
LibTi
Amer Agricult chemical.
Do pref
"36%*37k
5 34
4
•235
1G
245
i
17
WlieelinK* Da Uo Erie...
Do lBtprof
4(>k
22
Do 2d prol
.i3
4
Hi attest
Lmvest
May 11
96
I
1,230
1.000
43 3
Jan 25
Jan
21k. an
prof
Highest
34%Mav22
,200 51 34
,200 105
21o3 34
346*,0O6 113
1
26% 26% Wisconsin Central
55 34 50%
Do prof
56 34
58
84
i
22
16k 17
18
:'.
26k
25
54
•235
•
6k
7^
24 34
93
'4
'•'•
4
40
64%
-8k 5!l 78
84 k 85
37«e
24k
noskiosk
10
39 34
51
39
22
Do
40k
40
•10
'
100
h
99%
99kl0(>
30 k
3<)
80
29k 21>k
95
95
92k 94k 95
240 *225 240 *225 240
4k 4k
24k 24k
98 7s 99
98 34
126% 128
126% 128
1224123
122k 123
183 J180 180
*lf>7
*Pk
24k
23
25
r
20
48k 49%
9 3«
39
•21
17
18<%
4 4
i»8 4
•102k
411
•39
•21
'237
493s
1,100
Lowest
1 1
1
60k
88% 84 k
'.19%
38
117
40% 40% 40 78 40k
-16
18
16k •10
Range /or Year 1D05 \Range tor PrevUmt
'm basis 01 100-sKare lots
Year(iyt>4)
Week
Shares
'4
60
87%
the
I'ol. St. li. & W. V. tr. ctfK
I>o pref. vot. tr. ctfB.
57k 67 k
119k rwm City Rapid Transit.
Do prcr
'4
[Vol. lxxii.
2
Haifa o)
YOttK 8TOCK
i8iki82ia 131 132% L32%188% Union 1'acillc
99
Do pref
98 k 98%
98% 98% •98
72
74
UnitRj-Hinvi of Ban Fran
71
72 k
71k 73
89'
80 k
Do pre!
89 k 89
4
89 k 89 \
8l 34 81 34 United RysofSt Lon.prel
81% 81% 81k 8
19%
19k
Waba.ili
19k 19k
19k
132
98 k
73 k
90
245
STOCKS
EXCHANGE
11
38
67k 67k 67 k
116kll7k 110 4 110k
80 k 81k
*22
Aug
38
37'i
NEW
Friday
Thursday
Aug 10
:,
lllklllk nikiiak
112kH2k
3
3
3
4
67
•18 34 l»k
40 34 40'.,
•16
16 k
•39
40
•22
23
24% 25
53 k 543,.
18> 4
U
38
88
116 34 117
•237
245
18
61
AND LOWEST SALE PRICES
Tuesday
Aug 8
38
38
57 k 67 '4
117381181a
/
,
Record— Concluded— Page
Stock
est'n Union Tele'gph
93 34
West'gh'seEl & M i g assen
171
Do lstpret
195
115
21
k Apr
3
Ma>15
80 k MaylS
47% Aug 9
99 k Apr 14
251 Feb28
40% Aprl7
Dec
Nov
Nov
Nov
9234 Mat 112k Dec
24 k May
67
44 k Oct
May 92
Mai 244
209
16 Maj
103% Apr 15 71 34 Mar
24% Apr 3
87 k Aug 8
38 Mayl5
109 k Apr 1
118 k Feb 24
130 Feb 23
3 Jan 3
106 k Apr 4
6
Nov
Nov
35
94 Dec
18 k Nov
May
Nov
29% Dee
37 May
14 34 Apr
74 34 Jan
31% Jan
77
Dec
73 k
98 Dec
65 % Nov
Jan 105 Dec
34 Mar
5 Nov
31% May 77k Nov
46kMar2S 25 May 39k Nov
15 k Apr 3
3% Aug 13 k Nov
82 Apr 4 45 Feb 75 k Nov
35 k Apr 14
6%May 20k Dec
97 34 Apr 17 40 Mai 81% Dec
131 Fob 8 100 Feb $128 Nov
98kMarlO 43 J'ly 84 k Nov
40 k Apr 18
73 Aug 2 36 k Nov 40 Sj Deo
52% J'ly 29 10 k Feb 34 k Deo
118 k Apr 7 41 Jan 100 Dec
38 k Apr 7
8% May 33 k Deo
105 Aug 5 51k May 95% Deo
39
110
Jan 3
Feb 20
52% Feb 24
441kDeo
22 34 J'ne
97% Api
18 k Sep
6
1
44
Nov
Nov
Aug
Feb 21 $200 J'ne 25
95kJ'nel9 85 May 94'kDeo
Dec
L84 Apr 6 153 May
197 April 180 Aug dS^k Nov
260
BANKS AND TRUST COMPANIES— BROKERS' QUOTAJTIONS
Banks
Rid Ask
Union ExchTJ 215 225
United
90
85
Wasli.H'htsTl 210
WestSidell.. 575
VorkvilleU .. 400
BROOKLYN
'.
First
1
1
Rid
130
315
140
385
Ask
Trust Cos.
Ask
Rid
125
ManufactrB'. 365
Mechanicsl] 250
CITY
Bankers' Tr. 505
N. Y.
Nassau
416
Nat City
305
North SideU. 300
Bowl'gGreen 204
Broad wayTr. 158
Central Tr'st 2200
Colonial
380
290
ProspectPkll 130
Ridgewoodt[. 140
17th Wardli. 155
Wallaboutll
.
Trust Co's
Fifth
Home Bankfi
People's^)
J.
Borough]]...
Broad wayll.
Brooklyuli
225
Banks
BROOKLYN
200
160
210
Common w' Hi
150
162
J250
i.M
95
245
Equitable Tr
550
B'armLo&Tr 1450 1475
Empire
......
235
Bid and asked prices; no sales on this day. $ Less than 100 shares, t
Sale at Stock Kxchange or at auction this week, o Ex stock dividend,
Rid
Ask
Avo Tr 575
Trust Co's
Rid
N Y Ltfe<fcTr
H037
Guaranty Tr 615 •130
Guardian Ti 220 230
Knick 'rb'k'r 1050
Law T 1 <&Tr 310 315
Lincoln Tr... 570
Manhattan .. 175 500
Mercantile ..
960
NewYorkTr
Metropolitan 615
MortouTrust 925
Mut. Alliance 210
Unit States
225
Washington
Windsor
410
375
125
240
BROOKLYN
'
Brooklyn Tr 410
200
Flatbnsh
Franklin
345
Hamilton
340
Home
300
450
J50
Jenkins
Kings Co
450
L Isl L<tTc. 300
Nassau
275
People's
335
c
*,|
Ex dividend aud
Bants
m-iriced
130
355
165
180
William.Nli'ff.
New
stooic.
Kx rights. 6
s Trust Co. cerutia.iito*.
Rid \Ask
775
1500
510
1375
VanN'denTr 285
Trust Co's
735
73(1
Real Est Tr't 325
StaudardTr't 390
Titlobiu&Tr 065
Tr Coot Am. 767 k
union Trust 1450
USMtg&Tr
Ask
225
315
285
315
235
rights.
with a paragraph
("j)
are State banks
—
i
New York
5
"
.
Stock
Exchange— Bond
BONDS
STOCK k.\i-ii v\i;k ~
wkkk Ending avo 11
N.
y.
hno*
Aug
11
l
10
Q-J
i,>
A
January
Wkkk Ksdino Ai'11 11
High Central ol &*—(Continued)
Chatt i>iv parmon « 4a LM
/.oi«
1
ni3>,
y-F
lOS^tlOS^
small bonds.. H91
a. j
oon small bonds..
&1907
U .sis registered
A190' s.j
ipon
192C 3-F
La registered
I'.'--'
U s 4s coupon
Philippine islands 4s. 1914-34
108
UU
£
loan 4S;s oils (all pa. 1926 b'-A
Repubot Cuba 5a eMen debt.. M-S
- 5s ot 1891 y-J
- ... 6 BXIOO >
IH'0'0
1
DM
99 "u Sale
99
92
1954 J-D
XI
LI
J'ue'OJ
J'no'05
101 \
'4
100
'«
Sale
108 Sale 107^4
loo * Sale loo
•98«g 93',
9-
re pi
(cm
u
105'
I
:os
100
h
109
1
101 103'j
o/
t/i«
Claaa C 4a
1906 J.J
19oi J-J
190C J-J
Currency [undlug 4a
L92(
-i
to 5
•
Coram
Louisiana uew consul
Dist ol
FA
la. .1914
J-J
North Carolina cousol 4a. 1911
IOISi Jan '05
109 '4 oot '00
102 Si Jhir'ir.
.Main:
111
lDJ'i Oct '04
105 Sj Dcc'o.;
103 ^ Dec '04
130 Si J'ly'01
120 Mar'oi'
.
J-J
..1924
.
100
100
LOO
J
iif"
102 '4
127 >a
J
1919 All
1933 J-J
So Carolina -1 His 20-40
Tenu uew Battlement 3B..1913 J-J
J-J
Small
Dia luiul debt 2 3s. ..1991 J-J
Be deferred Brown isros ctfs.
6s
95-b 90>a
90
X.
isi to
9U a4 J'iie'05
14
11
"ii"
UHSllOlS;
Aug'05
Dec '04
9(5
95
97
96 34 9 7S..
10
18^8
80
Railroad
Cent See So Ry
labu Mull see At Coast Line
Albany •& Susq See Del & 11 in
Allegheny Valley see Venn It h
Alabama
See Bull R & 1J
Arbor 1st g 4s
/U995
Allei:
Ann
Atcli
X
<fc
S Fe geu g
4a... 1990
1995
Conv g 4s (subscnps)..1955
Ailjustnienl g is
/tl995
Kegistered
M.995
99
104
A-O
A-O
99 H
Sale
104
99 Sj Aug'05
10334
U'4
103 J'ly'05
96Vi 101
49 lOPi 105
100
112 100
103
104 >4
94«b 97»4
93Si 97»i,
94
98
Si
105
103
97 14
1
97 1<
97^ 98
9738Feb'05
"B&'iaSaYe" 95 '4
stamped
95 s, 16
99»gMay'05
98
99«8
Debentures -is
bOSjNoVO*
98
Series F
1908 FA
agJ'ne'o5
F-A
99
99«8
190SSeries O
99 Si Jan '05
Sines H
1910 FA
99Si
98SiNov'04
Series 1
1911 F-A
'04
97 Oct
Ser.es K
1913 F-A
98 '4
101 >a lOlSiJ'ly'06
East oklaDiv 1st g 4s. .1928 M S
112SiNov'04
Atl Knox it Nor 1st gos.. 1940 J -D ns'siia
4U 100^4
102^,103 1023* 103
Atlautic Coast 1st g 4s.nl952
Unarle* do Sav 1st g 7a.. 1930 J-J 141S1
125'*>roT
A-O
03
lao'u
Sav F it
1st gold 03..1934
112«8 Jan 04
1934 A-O 1151*
1st gob! 5s
ll4>4 0ct '04
Ala .Mlil 1st. gu gold 5s 192b 11- N 115 1*
93 J'ly'04
98
Brunsit W Istgug4sl938 J-J
J-J
97 34 Oct '04
98^
SiiSpOcaifcO gug4s 191b
105
Sale
MS
W
,
Danv
See Soutli Ry
\V .Sr«Sou Pacilic
Ohio prior g3 Sis.1926 J-J
Atlantic
<t
it
Bait &
,
N
«1925 Q-J
nl94fc
1911
M Div lstg3Sisl925
PJim it
P L K it
MS
105^ Sale 105 1*
105
'
9134 Sale
M-IM
M-N
W Va Sys rer 4sl941
Southw Div 1st
1925 J-J
100
Sale
92 >a
92
g3Sis...
/U925 Q-J
gu g 5s. .1919 F-A
Cen Olilo K 1st eg4Sis..l93o M-S
Pitts Clev <t Tol 1st a 0a 1922 A-O
Pitts .t West 1st g 4s. ..1917 J-J
lu-istertil
Mouou Kiv
J
M it
P
Bat Creek
105 34
ls"t
Co
95 "a
96
A-O
nl948 y-j
stered
deb 4s
Couv
95 1* 95°8
I
Registered
Gobi 4s
.
109 >a
121
"a.
•99
.
95»4
Not'04
106
-
YC4H
Beech Creek See N
Belle v <fc Car See Illinois Cent
Bkiyu it Moutauk see .Long 1
Bruu8 <t West See Atl Coast L
N Y
Erie See Erie
g 5s. ..1937 M-S
4s gu.. 199s A-O
g5s
194;; J-J
Koch it Pitts 1st g B8...1921 F-A
192'. J-D
0s
Cousol 1st g
Butlalo it Southwest See En
Bull <t ftusq 1st ret g 4s.ul951 J-J
Buttalo
BullaJo
R
<fc
«fc
P geu
123»4 ....
123
100 ....
118 ....
103
124 126*3 124
126
126 >a....
Allcfc West 1st g
Cl<fc Mali 1st gu
Wlatg_u.58.192] A O
1st gu g 7s. ...1027 J-D
101
<t
st
E
H9Hi
Si
02
Si
1
1913 M-S
1015
2d 5a
Registered
Carb As Shawn
Ill
-
190.- J-J
Canada South 1st 5s
Sale
118 Si
Ckli'i.N
M
»2
108
MS
J'ly'05
Apr'97
124
Mar'05
994
98 >i
Bur Cedar K da N*o 1st 68. 190b J-D
Cou 1st <tcol trust g 5s.. 1934 A-O
-tered
1934 A-O
103
103
110
109
119
114
99"4
101 \
119 S;
120SjMar'0o
112 Si Sep '04
IOISi
119 Si
102 Si 103
lOaSiAug'O."
106 Apr'05
1
oa EUeo oonaol g 5s. 1962
1st con
-iet fel Ky geD col tr
g 68.199"
Doum Ky Co
10S»4 Aug'05
119 '-j J'ne'o5
Si
115
8
79
-
•,
'
4
Sale
Sale
114
107
114
J'ne'04
98»4
9.i
86
87'-.
78»g
80
36
272
421
ColifcJtiiAYlat
"No
111H. 109 Hi Aug'05
Sale
89 h 25
109
.
'
.
loon
.
16
Si
Aug'06
I
131 's
r'ue'06
a
i
[-'.
'.,
1;;
.;
1
I
Aug'05
L
12
LOS Si
M-S
101-4
ioisJMar'OS
102
106
10134
103»4
101»4
on 101
Mnv'Oi.
110 J'ly'o;.
1 I9 S119's
L06
'4
11
Uhea A Ohio g 6s ser A..A1908 A-O
al'.Ml A-O
Gold 6a
1939 M-N
1st cousol g 5s
1939 M-.N
Beglstered
1992 M-S
gold -ISjs
1992 M-S
Registered
Craig Valley 1st g 5s... .1940 J-J
Ka A DlV Istcoug4a..l9S9 J-J
Uis'.i J-J
2d consol r is
Warm Spr \'al 1st g5s..l941 M-S
Greenbrier Kv 1st gn g la '40 M-N
Ohio A AH BK rel g 8s.. .1949 A-O
RoAlwavy 1st Lien 3Sis... I960 J-J
1950 J-J
Lieglstered
';inc li .t Q— Cli it la L) 5.s L906 F-A
Denver Div 4s
1922 F-A
1949 J-J
Illinois Div3Sis
1949 J-J
Kegistered
1949 J.J
Uohl 48
A-O
.1919
sink
fund
5s.
Iowa Div
1919 A-O
Sinking fund 4s
Nebraska Extension 4s. 1927 WIN
1927 VIKegistered
1921 M-S
Southwestern Div Is
Joint bonds See Great North
1913 Wl-N
Debenture 5s
Han <t St J os cousol 6s.. 1911 M-b
99»b
99«g
99Si
1934
1937
General consol 1 st 5s
1937
Kegistered
Chio & Ind
Ky 1st 5s. 1930
Chicago & Erie iS'ee Erie
Chic In& Douisvret 6s. ..1947
1947
Kef nulling gold 5s
Looisv N A <fc Ch 1st 6s. 1910
Chic Juil <fe St Paul con 7s 1905
1914
Terminal gold 5s
General g 4s series A..el989
«1989
Registered
General g 3 Sis series B.cl989
A-O
M-N
100 V...
110
-
1011
a ....
UBSg
119
116
I 10
119
i
102
98
100
\
7
'.,
.,
1
May '06
U3'.j
97'4
i
1
110'.,
L3>«
95
85
S3
80
so
Si
IM
100°a 102
10'.,
L
'sili "86»4
25
7'.l ',
83
80 14 80 '4
:
ib'i"
12
Jan
i'o':i'*
95 Hi
96 B
98
90
'08
il'6'4
1
Sj
lV)"'4
102=8
107 '4 1073,
ne'oj
j'iy'05
ioi',
i'i.;-\
07
lot;'.,
J'ne'o:.
pi '00
106'.,
A
io8 l4
loo Si
ioo'i
06 '4
00
100
100
107' 9
07
Aug'05
113=8 114
105 105\
13834
L2 34 .in. Oi
04 78 J My '05
38 S2 J'ly 'O.i
106 108 Si
11134 Ill's
•'.,
I
i
104=8 10734
13»Hi i3SSi
121
22
J-J
U8 J4
21
Ly*aMar'06
4 Apr'o5
119
120
J-J
J-J
J-J
J-J
J-J
J-J
134Sil35S.
34
134
112
1083j
M-IM
;'SSi
113i« 113 4
0534 Aug'04
1
104
97
a ur'00
J'ly '11.".
Oil's
90's Feb '05
'JO's
ibo'.; '".i"
loo- *
:;.:
i„
lol
ii.;
96*8 Sale
-'
1
;
113
j'ly'OO
',
Mi
1
Feb '06
Sep 'oi
80
Ml', May'06
1
ui' 1
lu'i
106»4 10 '4
L06»j I07>a
107Si .I'ne'05
Mar'OC
LIS
lol Si
101 \
P8 J'lT'05
'"."'.
lot
1
ao
110S
ui"
n;
108'a
in-
:
H3
122
1
J'ly'05
12 J'ly '05
lO'a Aug'05
.Mai '05
S7
11 Si J'ne'05
11 Aug'05
09SiJ'uo'O4
l
4
109 S*
Ill
*llo
96J8 97
114Si
US'- 122
Si HOSi
121'4
137
II0S1
109SilH 34
178
109 34
187
111 34
U0SiH3 78
Chicifc
ESul>lvg5s
:
-
:<
W
loo
I
108*4
91
Hi
'
.
102
9
1
io'.iV,
93
93
83
Si
1
Aug'05
8
93
•J
j
93
'.
91 "a
94
96
Si
I01«a
94 H
Ol's
J'ly '06
82 Hi
lis"
;
121
120
WS
El (Cine) Istg4a.l938
El Ky 60 L 30-yr g 5s. 92d
linn St Ky let oon g* 6a.. 1919
StJo Ky Et
1st - 68.193'
hi City Cab con ;; 5s. 193';
U QdersTOUnd Elec Kys ol Eou
]
J-J
J-J
F-A
F-A
91
dl\
118»<
B5»4 Sale
120
91 ] 4
J'ne'06
U7Hi
118
95 34
Ap> '05
91Hi
4
J-J
Ill Ha 114 H iio"
don Profit »harlng58...190£ J-D
98»s 98 7a OS',
90
1
j
97
DiO'4 J'ly'05
9i'-j Half
91H
91
87 Hi J'ly '08
99
1
•
1.-
<
D
10
day
/Oue.,ue
A.
Duo
.;
ly
fe
,
B
•
lOOHlNov'OJ
J-J
100
•im and Klectric l.i«lit
Atlanta 1.. E Co 1st 5s... l'.U
90
117
lot '91
M-N
1
i*4
l
95
1
J'ly 'or
J'ly '05
aDueJau 4 Due Apr
Mel
Md
A-O
M-S
>n El (Clue) 1st g :,*..\:> 1.. A-o
mini UKs San lr, 48.1927 A-O
moil Kya Bt L 1st g4s.
J-J
W Cluc-t lo-yr eons g 68. L83I
'
i
llo-''4
I'li-re.
Street Kail-way
det St Ky—< Con/ Rel g 4s2002
Lex Av <fc p F 1st gu g 5a L998
Third Ave RR con gu 4s 2000
Third Ave Ky 1st g 6a. .1937
HAP
-7
Mar'Oh
price Friday; latest price this ween.
12»4
10838 10&3„
106
113',
L09
LolHiJ'ly
95 J'ne*00
sale
1
88*4
'05
'2
92
LI
I
liOM>S—Coiitimied on Next
108»4
i
108% May'06
.
Kwayit7thAvlstcg5
I
?:j
97 Aug'05
18 S5 99
1921 j-j
16 a4 Apr'05
116 \ 116 34
j-j
May'06
118
19=8
.
119 Ht 120
101 Si
Chic <fe Mo Kiv Div 5s. ..1926
llSiJ'ne'05
1910 j-j 10b 34
110 111=8
Cbic& Pac Div 6s
1921 j-j lU^i, 116 l4 15 Si Aug'05
114 «4 117 Hi
103 Si
Chicifc P Wlstg5s
12 Mar' 05
1916 j-j llOSl..
112 11238
Dak & Gt So g 5s
s
J-J
129
'99
37
J'ly
1924
Si
Far & Souassu g 6s
8
1538.May 05
1910 J-J 1133s
Hast Jb D Div 1st 7s
114 34 117
06 Aug'04
1910 J-J 104 'a
lst5s
'05
1908 J-J
85 Apr
I& DExten 1st 7s
183=s 185
15 ;io May'06
1919 J-J H3S}.
115
Lacrosse <fc D 1st 5s
1153s
06=B Apr'05
1910 J-J 105 Si
Mineral Point Div 5s
106=s 106=8
J'ly'05
1910 J-J 109S*
,09
IO8H1 11 1 Si
So Minn Div 1st 6s
08*8 J'ly '05
1909 J-J 107 „ 109
Southwest Div 1st Os
108 Hi 110
94 Si 97'8
10SiJ'ne'05
Wis& MinnDivg5s....l921 J-J 114'4
115Hi 116 '4
12 ' b Apr'05
1910 J-D 109 34
10238 1063s
Mil & No 1st
L, 6s
112 H3 112H1
116 '8 116 Hi
103 104*8
1913 J-D 115=8
let consol 6s
16^ Jan 'OS
27*4 May'06
126>4 129 Hi
191 Q-F 125 Si 129
105 114
Chic & North w cons 7s
a J'ly'05
F-A
107
05
Extension
1886-1926
91
93 Si
4s
108
4
105 34 10534
02=8Muy'04
1886-1926 F-A
98 Si 101
Registered
91 8 93 Si
1987 M-N
General gold3Sis
99 Si 101 Si
101S, 013e 1013s
Registered
03 Nov'98
jil987 Q-l
92 S* 92V
A-O
Sinking
fund
18
;'ue'05
108
..1879-1929
108 Si
6s.
U7Sill«
Si
1879-1929 A-O
17 Feb '05
109 109
Registered
117 117
Sinking tund 5s. ..1879-1929 A-O lllSi
lOSa Apr'05
llOSilF:
11 J'ly'05
111
97 J loo
Registered,
1879-1929 A-O HOSi
Ill
Debenture 5s
1909 M-N 105 106 Si 04 6 J'ly '05
99
99
104 I06S1
101
190S' M-N
Registered
04 Mat"04
13»4 J'ly'05
Debenture 5s
1921 A-O U234
HlSill3'4
Registered
1921 A-O HOSi
08 34 Jan '04
Sinking lunddeb 5s
1933 M-N 117°«
17 May'05
117 119»B
Registered
1933 M-M 117
15 Si Apr '05
U5Hill5Si
Des Mo & Minn 1st 7s. .1907 F-A
M-S
Milw & Madison 1st 6s. .1905
100 Sa
04SiNov'0i
!19Vil23>4
North Illinois 1st 5s
1910 M-S 106Sl
05SiMay'01
Ott C F <fc St Paul 1st 5s 1909 M-b 105
05 May'06
104'a 1"7
M-N
Winona <fc St Pet 2d 7s. .1907
108
lO^Mar'o.
110>4 UO'4
124 1-6-.
M-N
27
MUESifc West 1st g 6s 1921
128'4
124 4 126
127 78 130
8 J'ne'05
Ext & Imp slund g5s 1929 F-.-i U7>4
19 l4 Nov'04
Ashland Div 1st g 6s. .1925 M-b 131
42 Si Feb '02
98 100 Si
Mich Div lstg6s
10034 102 Si
1924 J-J 129*4
31SiJan'05
131 Si 131 Si
F-A
Convertible
deb 5s
101
03 Apr '04
1907
U8»bl2lSi
Incomes
09 Sep '03
1911 M-N 103
Ohio Rock Isl <fc Pac 6s. ..1917 J-J 121
21i8J'ly'05
120 34 12 6
Kegistered
23 May'05
123
1917 J-J 121
123
J-J
05'
104'
General
gold
105'4
1057
102
4s
1988
9 104' 4 107Hi
4
b
105't
Kegistered
105 Si 108
07 Jan'Oo
198b J-J 105
lst& refunding g 4s
97'e i.68 95
I05 4l06
1934 A-O
97 Si 97*8 97 38
99*8
Coil trust series C 4s .. 1905 M-N
l0l 4Sep'0'i
M-N
H4s
'04
1910
98=8
97 J'ly
-is
97
95 J'ly '05
1915 M-N
9o
N 4s
96*4
1916 M-N
93 May'O
M-N
4s
94
94
1917
96 >a
94 Dec '04
90 '4
P4s
1918 M-N
90 May'04
Chic it I & Pac KK 4B..2002 M-N
110 112
S3 Sale
82 Si
83
i90 79
121.'Registered
119
2002 M N
76SiSep'04
M-S
94'
Coll trust gold 5s
113 110'.
1913
95
95 bale
90 Si ''i\s
B
Choc Ok it G gen g 5s .o) 911 J-J 1081a
11.V4
110
108
108
Consol gold 5s
l.i.V_ M-N
11 5
90
112
15
115 Apr'05
Keok it DesM 1st 5s
-7S,
87
192. A-O 109 >4
109 il0 34
110 J'ly '05
62 Si
.'ilI>CEl.EAM.Oi;S
com. i.yitLlslitref gl
Den Cou Tr Co latg5a..
Den 1 ram Co eon g 6s.
Met By Co 1st L-u g 68. .1911
Det United 1st tou g y
Si i.i i',
88
\
:l
Jan '05
94
98 Si 99
Oct
>>1945 Oct
-rfkO.Cod; Seou gug 5s. 19 11
) u Uu El 1st g 4-58.1950
EingsCoEl 1st g 4s
1940
imped guar 4s
1948
i-lecgu K48....1951
S,
13
1
1
90
.
>lreet Uaiiway
Brooklyn Rap Tr g 5s
1945
1st refund couv g 4s
2002
Ulty 1st cou 68.1916,
Ill
ni
null
M
1945 M-N
1945 M-N
pl945 Oct
income g 5s
2d pret income g 5s
3d pref uieome g 5s
MO';
1
l
Cen Branch U P Iatg4s...l04- J-D
Ceu Branch Ky .See Mo Pac
Cen Kit it EolUacolg5sl93 M-.N
Cent ot Ua KK 1st g 5a..pl945 F-A
1st pre!
NO Low
:,
See 111 Cent
Carolina Cent See Scab Air L
Curtliate <fe Ad see N Y C it ii
Ceil K la F it N
see BCK&.N
Consol gold 5s
Registered
Illl/ll
10
'
.i
s see Mich Cent
ds
q
J'ln
M
104 J'ly'05
113 Si J'ly'05
91 a4
1
91 a
100
100 Si 126
l
92 t
92 H, 67
92'aJ'ne'OS
108 Si J'ly'05
109 Apr '05
119SiMai-'04
100 J'ne'05
99 ilay'05
certls
Si,
t
93*4 J'ly'Oo
iMl.'HI
101
li'Si
H2's
tru
Chicifc
1st consolg 6s
J-D
.Nm
Nov
11995 U-N
Series E. 1907 FA
Austin
1
1 >
E IUlstslcur6s.l907 J-0
A West
-islereu
.
ii
I. II
ULSi
1
Stale Securities
Alabama class a
-s B6s
1
.-l.vA
1
11
nr
Cast Sale
'
;
92
93-'.
n
110
OlSilOSSi
90 '„ In.;
86
'.';;'i
l:
OockiV
1
U nne
Wei
Kong*
ii
1
91
i
6a.. 1921
l.e A liiui it eengn '4 53 1920
LftD A= Wilks H Coal 5s. .1912
;1910
Con >-\.i guar 4S»a
X Y A Long in -geiig -is 1941
\>nt Pacific
See so Paolflc Co
ChaaA Sav See Atl coast Line
i'ne'05
i,
i
106
Am
lot
/>'(((
,t Nor Div 1st g 5s. 10 LU
Mid Oa.t Atl Div 6a.... 1947
Mobile Div 1st g 5s
1040
Caul ot N J geu'i gold 6a. 1987
Kegisl ercil
hl987
1
Aug'Oi
lYida
A hi/
.Mac
r,
Sj
104
J'ih-'o.'.
1
1
ot 1904..'.
UUSl
loi^Sale
.
103
,
J'ne'OI
1
Japanese Govt 6a ,-t< ri'g.loli A-O
A-O
2d aeries 6s otia inn paid
1.
104'-..J'ly'o;.
10l-'B J'ly 05
107
104»s 104
104
ll'l'-. I04H
132 -) i:;;;'v
132 "j, 133 S. 133
109
105
Uo\ eminent
Koicitrii
ion._ ui
niy'OJ
/•rirr
STOCK EXCHANGE
1
L04 »s liU'-.J'ne'o.'i
*
-Is
Jlty/t
104 H
1
-J
-
Gold
Last
GoTcrnmeni
s.
:s oonaol regiatered.ell98t
<tl93i
3 2s oonaol opnuon
kl918
•istereil
fcioitipon
BONDS
X. Y.
5-°
'
l'A<«KS
Hun ye
eV/i'S
Ask Low
Bui.
l'.
II
Rang* or
J-'ruiii u
it-
'
1
!
Weekly and Yearly
Record, Friday
IOUK
OIC'IU'VIM;
N
J-l
Dae Aug oDae Oct
p Dae
1
I
'i
Bond Record
G02
BONDS
STOCK EXCHANGE
Week Enkikq Ana 11
W. Y.
if
lOhlc&StL AeeAtchTiSaFe
N«r Wisconsin 1st 0s...l9;;0
St P & S City 1st g 6s.. .1919
'
J
W4stl»dgen
W
CIStL&O
gline/1932
Pere arq
AO
iais"
'
Q-M
.
WW
<!fc
Registered,
'Win S
CI oon 1st g
&
CCC^I consol 7s
J-B
J-J
J-J
M-N
M-N
M-S
J-J
M-N
fcl930 Q-J
fcl930 Q-F
1st gold 4s. r
.1928
1914
Cons0l8inkfund7s
1914
i
General consol gold 6s. 1934
Registered
1934
'Ind Blitw let pref 48.1940
Ind&
Istrpf
5a...<U93H
O
Peo <&. East 1st con 4s... 1940
Income 4s
1990
5s.
'
W
J-J
J-B
J-B
J-J
J-J
A-0
Q-J
A-0
Apr
A-O
Lor &> Wli con 1st g 5s. 1933,
'Clev
Marietta fleepenn
IClev &. m*\o<a V«al g5s...l93S J-J
Clev <fc Pitbs Sec Pe«n Co
Col Mldla*** 1st ff4a
1947 JColoradoSwlstg4s...l929JF-A
ICl
&
RR
!
&
& Gteenr
iCol & if»cfc VW
Celum
fle* So-
12!) 34
M.ar'04
126V 126 4
I25'»
J'ly'05
nt> '<
94 "
8
1044 Bee "03
ioo u.
103
113 Oct '00
116 May'05
90 <4 J'Iy'05
.
.
:
.
103 4 1034
'
100
1004...
103
1034
...
100 Oct '04
99 J4 Feb '05
94 4 Aug'lW
105 Jan '04
1014 1»2«l 103 J'ly'05
1004
1014 1014
116
112 B8 J'ly'05
121 34 J'ne'05
...
1214...
132«4 1333< 1324
1184.
,
1
Saratoga 1st 7s.l921
RR Brtirge
.Vl-N
SeePn Rli
Denv<fe RGcL8Cc«iig4ii.l93(j J-J
Consol gol5 4->as
1930 J-J
Improvement gold &s.,.192t
BioGr West 1st g 4s.. ..193i!
Comsol and col trust 4s 1949
"U tali Cent Istgug 4s «1917
Rio Gr So gu Bet Rio Gr So
DesMot&PtD 5eeGB<fcIP
Des il <fc Mian See Cli & N W
Des Moi XIb Rv 1st g 5s.. 1917
DetM&TW «e«LS<eMSo
Sale
Registered
<fe
Minu
m
4
131^135
Registered
98
714
lBt g34s
1st gold 3e sterling
101
84
OoUTru8t gold 4s
Registered
11641164
110
66
73
77
304 9*4
J-J
108
1104
m
126 129^
3
12838
*
128 4-J'Ii^'O
127 J'ae'Oel
127
13O4J'Be'06
ii2 4»i»ro6
12941304
13#
Uii41f5
May*t*5
103 1-05
105 4108
.
102»4J'Brt*6.
102
1394.
1424 Mar* 09
14241424
101
106 34
108
99 <4
10l4Ang'06
1024
1094
1074110
104
103
.
90^
M-N
1054.
91 34J
934.
1344
lflSH
100
108
J'ly'Od
903*
91«4 J'ly'05
97 Jan M2
99\
.
A-0
A-0
134
*1034 1034
Apr'oa
108
108
.
.
93
115
SeeStPM&M
<fc
Erie lstextgold4s
1947
,2d est gold Ss..„
1919.
8d ext geld 4*as
1923
^ith ext gold 5s
1920
^tlx ext gold 4s
1928
dst consol gold7s
1920
,1st consol g fund 7s
1920
Erie 1st con g 4s prior.. 199 6
Registered
1990,
I
1st consol g«nlieng4s.. 1990
/
Registered
1996
,
PenncoUtr g 4s
1951
'60-year oonv 4s A
1953
/ButlNY& Erie 1st 7s.. 1916
gold 6s
Bull
1908
/Chic & Erie 1st gold 5s. .1982
Jeff RR 1st gu g 5s....al909
Xong Bock consol g 6s. .1935
Eoal&RR 1st cur gu 68.1922
Dock& Imp 1st cur 6s. .1913
"N Y <fe Green L gu g 5s. 1946
Y Sus & 1st ret 5s.l937
2d gold 44s.
1937
General gold 5s
1940
terminal 1st gold 5s.. .1943
Regis $5,000 each. ..1943
MidRRofN J lstg6s.l910
WUk & Ea 1st gu g 5s. 1942
Erie & Pitts See Penn Co
&SW
W
,
98
89
101
LN O &. Tex gold 4s
Gns and
Gas 1st con g 5s. 1945
Buffalo Gas lstg 5s
1947
Consol Gas conv deb 6s
1909
Consum Gas flee P G & C Co
Detroit City Gas g 5s
1923
Det Gas Co oon 1st g 5s. ..1918
J -J
Kentucky Cent
Keek & Bea Mo
Set '04
964J'Iy'Oo
3
81 4 Mar'Oa
100
95
97
92
115
4 J'ly'05
1174 116
J'ne'05
93*4
95
97
7(i
84
90
K114
J'iy'05
964
116
113
1114116
1204.
1204Aug'05
U7412<> 34
1084....
1144....
108 34 J'ly'05
113 34 J'iy'04
107
M- S
04 J'ne'05
1083.*....
II
A-O
1144
J-B
105
1144J'ly'06
103 Feb '05
M-S
M-S
J-J
J-J
J-J
J-J
F-A
A-0
....
....
9334
94
984 Jan '04
94
93 \
03 100
^
88 Nov'04
96»4 Sale
964
97 174
108 4 Sale 107 34 108«8 96
J-B
1244
1264 Mai^-OS
104 34
123
110
1234
A-0 1044
A-O 135^4
M-N 1154
J-J 1134
M-N 1174
1164
J -J
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133
137
'
J-J
Wl-K
10741104
11441174
1 014 103
1374 1344May'05
132
130 Aug'03
1014ib"i31 1014 10t 34
108 34
101
Mar*05
123 34
104 J'ly '05
1344J'ne'05
118 J'ly '04
116 J'ne'05
102
117
110
104
J'ly '05
Apr '05
J'ne'05
F-A
107 3< 1104 May'05
M-N 120
117 4 Jan '05
M-N
A-0 109 4110>4 1104 J'ne'05
J -B 1114
1094 Jan '05
10
91
M-N 114 4 Sale 114
A-O
70
71 \ 69
J-J '173
J-J
F-A
176
101
173
J'ne'05
1734
1004 J'ly '05
105
114
1144
112
J'ne'03
Nov'03
<fc
V- No price Friday;
latest bid
614Oct*01
894
1104
A-0
994
A-O 109
A-O 122 4124
M-N,
J-J
944
91 J'ne'05
107 34Bec'00
109 4 Feb '05
100 May'05
1224
1224
94 4 Apr '05
and asked this week. aBueJan
flee
flee
&
944 98 »8
12641264
flee
General gold 4s
Ferry gold 44s
Gold 4s
Unified gold 4s
110
Bebenture Kold 5s
1204
123 3
Guar
4
13441364
116
117
110
117
1144110
102 4104
109
111
11741174
I084HOI4
1094 1094
10241064
1014
IOI'b 479
99
101
1014
9841014
1024103
102*.
102*,.
1104.
11
1034
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102
4 J'ly '05
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112
100
103
101
103
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1104 J'ne'05
1134Mar*00
1104 1104
102 4 J'ly'05
94 Mar'03
1024 ioi"
101 4 May'05
10141014
1014
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Ocl '04
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ios"
1044106
103 1004
.
86
81
93
123
May'99
86
84
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944 904
96
101
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85 4 86
84
84
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954 96
4 Oct
>99
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100 N«T'00
109 4 May'05
122 J'ly '#5
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124 J'ne'05
1204...
119«4 Mar*04
94 »8..-
93«8May*04
I21»4
...
1034
101
1104 Jan
10941094
123
4125
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1424
119
100
,
SI
113
122
11041104
'05
107
106 Mar '04
107
l<r74Bec'02
9?s4 J'ly'05
10«
120 4 Sale 1204 120 4
103 103 4 102 34 102 3
81 4 Sale
113
85 Sole
122
Not'04
10«
4
814
704
85
10*14
81 4
1124 116
J'ly '05
85
85
US
70
754
OO
724
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L& N
M & St L
117«4
....
73
63
Oct '00
118
J'ly'05
241
1174120
I14 34 ....
1144 1144
117 34 1184 120 Feb '05
1104.
4
i'20
1084 108 4
1194 May'05
110 4 112 4
LO
109 4 Oct '99
115 J'ne'05
99 Jan '05
113 4.
99
.
10t»
11241104
117 4120
112 4 J'ne'05
!
10841084
1174H94
115
99
115
99
.
104 5s.
1064 Nov'04
115
100
1174Apr"05
11741174
ref gold 4s
1938
1922
1932
1949
19H4
1949
Bklyn* Mont lstg 6s. .1911
lst5s
1911
J
M
JM
J
M
MM
A
4 J'ly '05
1004102 4
.
.
1014.
101
101 3«
105
98
102 34
107 4
104 4
113 4
.
105
105
1004 108
10141034
111381114
11 14 May'05
1124 J'ly '05
111=4
112 4
100 108
120
11241124
10441064
106 Ang'05
120 J'ly'05
118 34 Maj'05
Gold 5s
M-
1194
Unified gold 4s
Registered
Coll trust gold 5s
J-
10341044 1044
1937
1940
1940
1931
5-20-yr col tr deed g 48.1923
E H<fe Nash 1st g 6s. ...1919
'05
105 4 Mar'03
112 Mar'02
:
N V B& MB lstcon g5s 193c
1927 M
N Y& R B 1st g 5s
NorShBlstconggu5sol9o2 Q
Louisiana & Ark 1st g 5s. 1927 M
L,ouisv & Nashv gen g 6s. 1930 J
Jan
99 4 Oct '04
102% 100 4 J'ly '05
110 J'ue'04
103 34
103 34
119
117
104% 27
122
1194
102 41054
1014J'ne'04
J
M
A
99 4 Sale
114 34
J
,
115 Apr '05
99 34
99 4
114 4 J'ne'05
1144115
52
9741004
1144H7
on Next Page.
Gas and Electric Light
Lac Gas Lof St L 1st g 5s.el919 Q-F 1074.
1074 Aug'05
1934 A-0
Ref and ext 1st g 5s
1054 May'05
M-N
Gas
L
1st
.1927
4s.
924
924
924
1874 Milwaukee
5s. ..1948 J-D II04 Sale 1104
110 4
91
Purchase money g 4s. ..1949 F-A
92
914
914
9941034
Ed El 111 1st conv g 5s. .1910 M-S 105 4106 H05 J'ly '06
gold
consol
5s
1995
J-J
Apr
'05
l6t
1104
119 4
100 May'05
NY&QE1 L&P 1st con g 5sl930 F-A 1014
103 May'05
N Y & Rich Gas 1st g 68.1921 M-N
1054Mav'05
Pat& PasG&E con g 5s. 1949 M-S 1054
125
con
6s.
1943
A-0
1st
124 J'ly'05
Gas
&
Peo
g
1947 M-S 1074 1084 1084 J'ly '05
Refunding gold 5s
894 924
ChG-L&CkelstgugSs 1937 J-J 108 109 1084 Aug'05
Con G Coof Ch lstgug5s.'36 J-D 1064 10S 109 May'05
1094109 4
1044J'ne'05
100 100
Mu Fuel Gas 1st gu g 5s. 1947 M-N 1054
Syracuse Lighting 1st g 5s. '51 J-B 100
112 110 May'05
Trenton G & El 1st g 5s. .1949 M-S
1224 127
113 Jan '05
94 4 94 4 Westchester Light'g g 5s.l950 J-D 1104
b Due Feb UBueApr eBue.Ylay A.BueJ'ly JtBueAug o Dae Oat gBue Beo
113
66
11 169
92
Erie
105
102 34 105
4H5
104 4 102 4 May'05
.
Long Isl'd— lstcong5s.7il931 Q
lsteonsol gold 4s
ft.1931 y
95 34 111
114*"
N
1034 Long Bock
95
Mnr'9*
4
108
86
1074.
Ohio flee So Ry
Lake Erie <feW lstg 5s.. 1937
2d gold 5s
1941
North Ohio 1st gu g 5s. .1945
L Sho & Mioh 8 See N Y Cent
Lehigh Val (Pa) cons a' 4s. 2003
L,eh Val N Y 1st gu g 44s.l940
Registered
1940
Leh V Ter Ry 1st gu g 5s. 1941
Registered
1<U1
Leh V Coal Co 1st gu g 5s. 1933
Leh&N ¥ 1st guar g 4s. .1945
Registered
1945
ElC<ft N 1st g 1st pf 63.1914
Gold guar 5s
1914
Leh & Hud R flee Cent o£ N J
Leh & Wilkes b flee Cent of J
Leroy & Caney Vai flee Mo P
Knoxv-ille
iVl-K
6as& ElecBergCo eg 58.1949 J-B
6en Electric deb g 34s.. 1942 F-A
Br Rap G LCo lstg 6s... 1915 F-A
Ed El II Bkn 1st con g 4s 1939
<fe
lOf.
i'l3 3
107 s»...
J'ly'05
105 3«...
102 Oot '01
106 41064 100 J'ly '06
106 4 J'ly '06
1 03 4
106 4 Mar'03
»o
95 34 May'05
City Sou 1st gold 3s. .1950
Registered
1950
M-K
M-S
EdEUUBkn fleeKCoEL&P
fleeNYG&ELH&P
fdEUl
qG LN Y 1st con g 6s.. 1932 M-S
G
Fuel flee P G & C Co
q
Sudson Co Gas 1st g 56..1949
Kau City (Mo) Gas 1st g 5e 1922
tings Co El Lcfc P g 5s. ..1937
Purchase money 6s
1997
Tol
Apr '05
70
108
W
fleo
116
114
'114
114
101B8 bale
101 4 Sale
*
Middle BlvregSs
1921
Omaha Biv 1st g Ss
1951
St Louis Biv gold 3s
1951
Registered
1951
Gc4a 34s
1951
Registered
1951
Spring Biv 1st g 34«..-l#51
Western Lines 1st g 4S..L951
Bellev * Car 1st 6s
1923
Garb * Shaw 1st g 4s...l9tfS
ObieStL&NO g 58...195T
Registered
„
1951
Gold 34s
1951
Registered
1951
Memph Bfr 1st g4s... 1951
St L Sou 1st gtt g4«
1931
In4Bl<fcWest iSeeCOCJfeStl^
Bjd Bee &
1st g 5s
1936
1st guac geld 6s
1935
I,nd IU & La 1st g 4s.
1950
Bat <6 Great Nror 1st g6s..l919
2d gold 5s
1909
3d gold 4s
1921
Iowu Ceafcral 1st gold 5s. .1938
Retarding g4s
1951
Jef arson KR fl«« Brie
tf si
fle«LS<feMS
A&GR
5
1
HiQk
1204124 4
10641U'«
fjoio
1054J'ly'04
KOietSAM
KOAMBAB fleeStLASF
flee9tL<fcSF
Kan C & Pacific flee M K <& T
Sej '04
110
Electric Light
U
100
1953
944 IVaa in Mich
1
1114
Apr '05
Since
January
115
J
...1953
Registered
So
120 4
Oct
a
r.
114 Aup'05
89% 83 4
89 4
Cairo Bridge gold 4s
1950 J
Louisville Blv gold34s.l953
MISCELLANEOUS BOM)S—Continued
Bklyn
J
J
Kan
M-S
A-O
1937 A-O
Atl g &S..1937
34s
Registered
.
984..
1344..
J
1951
1951
1951
1951
1951
1952
1952
Extended
.
Range
2c
Hit/h
114
104
V
1124.
ifoust & Tex Cen AeoSoPacCo
Illinois Central 1st g4«..1951
1st gold
1264 J'nenift
l(»-i
115
105
W
4.121
107 Aug*0.-1
102 Fttb'oa
134 May'05
149 Au^'Oi
103 4J'ne^>Ji
98
Va & Ga See So Ry
iElgin Jol
Kast 1st g 58.1941
ElmCort&Ko /SfeLeh&NY
XJaat Ten
W
J-l)
102°8 104 4
A
A
A
W
Mar'06
108
,
RioGr lstg 4s... 1928
Har & S A See So Pac Co
J
1
1916 J-J
1
[l^aat ol
94 34
4IH
FtW&
^ al
11
Aek Low
121
1204
iiiv
1114
V Jal H <fc H of 1882 1st 5s. 1 8 8 A-O
Georgia <fe Ala See Sea A Line
116 119
Ga Car & Nor See Sea A Line
96 34 99 4 Georma Pacific He' So By
<iila V G & Nor
Hue So Pac Co
Gout & Osweitat See N Y Cenl
Grand Rap <fc Ind flee Penn RR
27 101 104
Gray's Pt Term fle« St L S
100 1014 GtNor— CB<fcycolltr4s 1921 J
984 10O3&
Registered, h
1921 Q
1004 1034 Greenbrier Ry K°.e ChfH &
Gulf<fcSIlstref<fetg5s &1952 J-J
90 34 99 34 Han & St Jo flee C B <fc Q
onsatonlc flee N Y N H & H
Hock Val lstconsolg44s. 1999
1004 103
Registered
1999
10141024
Col<fe H V 1st ext g 4s.. 1948
112 114 14 Honst H &
Tex
flee So Pac
3
3
'05
76
75
91
1064107
J-D
J-B
J-B
Mack 1st lien g4e.l995
1995
Gold4s.^_
Det Sou Istg is
1951
Oliio Sou Div 1st g4j3... 1941
Dul<fe Iron Uangelst5s..l937
Det<fc
!
2d 6s
Dul So Shore
UMi
Week's
Range or
Last Hale
Price
Friday
Aug
Hid
1st cons 6s. 1921
lstgeneral gold 6s
1942
Mt Vernon 1st gold 6s.. 1923
Suil Co Branch 1st g6«.19;J0
Kv<folnd lstcon gug0s..l926
l^argo & So See di M 6s St l<
L liJit& Pere M See Pere Mar
FlaOAPenin flee Sea Air Line
Fort St U B Co Ut g 44s. 1941
Ft W<fe Ben C 1st g6s.... 1921
/
132' t
1164 Jan
7i)'>eSale
94
99
HA% 98
1144
90 >4 ...
101 1014 99 34
99-4
76 4 7<j
76
74
1164.... 112 4Fel>'04
10? 3<
Term <fe i«M*»ve 4s
1923JM-N
Syr Btnjc*.
Ist7s..l90li A-O'
Warre'nls<7refg«g3 4«.2»OOlF-A
Del & Hun 1st Pa Biv 7s.1917j 5VI-S
Registered
1917 M-S
Alb & Sua 1st cob gu 78.190(3 A-0
Gnar goia«s,„
1900 A-O
;
tttf'4
1044Not'01
1004...
W
<fc
1014
12341254
W
»MK«
Rens
103'.]
100 '4
1044...,.
1264 126«e
Morrjgxfc E»seKl*'K/s...I914' M
1284130
lstcouss* fj«ar7s
391:; J -li
•'
Resaatejr«!l_
1915 J-B
1st rergu a $4s
2990 J -di 1004..
Lack*
1st 6s... 1921 J-J 12741334
Oonstwrcasc 5%
1923 FA, 1114
Del Riv
'06
1003s iMar'Ui
185',
Ry
Col Conn <fe 'Sgrm
N
Conn *^4s hr's lsig 48.1941)1 A
\ak <fr G* Sp Seeifhi. * St P
J-- "alljfexfi W5«»
Del Lawc & Western 7s.. .1907 M-
NY
103 > 4
1004 J'ly
...
'4
a
10
J'ly'05
115
96
96
135
Ht»ck Val
See
&
flee-
\%
1
Bee '03
Apr 'Of.
93
93
115
116^
133 7b 138
!374J'ly'05
135*8
95
1
S««CCC8tL
* Mah flee B R & V
W& M
r
V
/teiCCC&Stl.
Clev Cm G &, St L Ren g 4s 1998
Cairo Biv 1st geld 4s
1939
.Cln
Div lstg4«i. 1991
6t L Biv 1st ool tr g4s..l990
Registered
1990
Spr
Cdl Biv 1st g 4s. .1940
Val Div lstg4s... 1940
C I St L<fc C ootiflol 6s.. 1920
-
High So Low High
Atl Low
i364!
2d gold 44s
1937 J-J
CinB<S> I 1st gug5s.. -1941 M-N
Cia I &
1st gn g 4.'. 1953 J-J
&
January 1
136
& W M icn flee
M
ChooO&Gulf fleeCRI&P
Oiii K & 1> oonsol gf 7s. ..1905 A O
tChic
C
iCln S
Clearfield
Last Sale
STOCK EXCHANGE
Wkkk Ending Aug 11
N. V.
Evans
I
,
Aug
.1
'Chicago Ter Tra«fl g 4s. ..1947 J.J
Coupon, off
Chic<fc
Manr/e
Since
N
LA
M
,
Week?*
Range or
11
Vol. lxxii.
2
BONDtf
JTiee
Friday
iJi"
L & O Sec 1 II. Cent
Chlo»St
Pitts fleePennC«
Oiulc St P
* O con 6s.. .11)30 J 7>
jDons 6a reduced t» 3 4*. 1 BSfl J-B
St
<Ch
P <fc lAmn let g 68 19 IS M-N
Okie St
—Continued—Page
118
73
NYGELH&Pg
'
1074 1094
10541064
92
924
1084
1U4
91
974
103 41054
11841194
105
103
108
103
10541054
12341274
1074109
108
110
10741094
10441074
110 1124
1114113
f Option sal*
Aug.
Bond Becord— Continued— Page
12 1905.]
MXW
- -
100
LA N-.-outh M joint 4s.
NKlaAn 1st (tu 6s. ..1937
.1921
it
Pens A Atl 1st gu (f
6 A X Ala con gu g
6s.
6s.. 1930
MS
J
J
b'A
KA
FA
1910 A-O
Sink fund gold 6s
L A Jett BdreOogug4s..l945
L X A A Ch toCIAL
Malion Coal
MS
t«LS»MS
anhaftan Rvoonsol 48.1990
1990
Registered
Metronol Kl lsl (t 6s.... 1908
1934
5s
Ooionia
g
Man 6
W
A-O
A-O
J-J
101
97
D6
1154.
10»a
11*2 °U.
1154 Mwr'ae
105
99 »a.
110
111
121
4
104^ 104^ 1044
104
109
lOOislO? 3*
9S4DW,
110
96
97',
11441154
112 4 113
L184
ICokmsA B V
1977
stamped guaranteed
Mex North
lat gold 6a
Mich Cant
Mid of N J
See
N Y Cent
FA
MS
774
234
144
77*4 Sale
23 4 Sale
16 Sale
1919 A-O
Coll tr g 44s 1st 8*r....l907
Mex Internet 1st oea g 4s. 19^7
Ao?i'.>
104
104
J'no'05
106 4100
liat
'.'.
MS
244
16
X
X
X
X
£««Erte
MilLSAW SwChloANW
A Mad So* Ohio A N W
M n A North See Ch M A St. P
138*4
Minn A 8t L 1st wold 7a.. 192
1909
Iowa Bx let gold 7a
Paoilic Ex 1st gold (M...1921 A-O
South West Ex 1st g 7s. 1910 J-D
19H4 M-N
lstooneol gold's
lstandretnnd geld 4s.. 19-19
.'35 J.J
era
let
4s..
A Ft D
MS
Dm M
Minn A BtL|rn
SwBCKAX
MstPASSMcong4intgu'S*
M A A lat g 4 rat gu 1926
Wlunti AtBtfUAM
Mo Kan A Tax
1st g 4s.. .1990
ylSOa
2d gold 4s
M
M JL ATof Tlat rugSa.194!
Slier
Sh
A
8e lat gu gas. 1943
Tex A Oklalstsug58...194S
Mo
<
.
97 4.
1
H-S
J-D
M-S
M-N
M-N
ex g 4s. 1938 F-A
2d extended geld 5e... 1938 J-J
1st
>i
103
1024
86
1054
Guaranteed g4s
1931
See Southern
99
10&».i
Xov'OI
1024
34
80% 8S
1064
1004 1K44
^4% 88%
m
J'm»*uo
J'ly '05
1044108%
10«%10T
122
Aag'615
l¥!*%
ia lOw-aliW"),
1W4
lOT4Sal«
9o4 Sale
ltr74
9J4
9«4
1074
110
96
97
Mar^)6
1034
105
J'ljr'05
11C4
118%J'ne'05
96%
DM %
1344126
114
91
99
ll«4
1
(>;•*<
93%
904
ll
4.,
su
964
1194 U8%
118% 11V
9o4May'05
Not'04
Mohawk A Mai teMICifl
Monongahela RIt See B A O
Mont Cent S«c8tPM4M
Morgan's La A T See S P Co
Morris A Essex See Del
Nash Chat A St List 78.1913 J-J 1204122 1214J*ly*05
1st eonsol gold 5s
1928 A-O 1154116 115 J'ne'05
120%J'r/'O5
Jasper Branch 1st g (is. .1923 J-J 117%
McM M A- Al 1st 6s. .1917 J-J 1134
117 4Mar*05
Branch 1st 6s. ...1917 J-J 1124
113 J'ly*04
Nash Flor A Shet See
Nat of Mex prior Ken 4 'tis. 1920 J-J •1054
l054May'05
1st eonsol 4s
e3 4Sale
1951 A.O
82 4
834
113% 115%
96
95
1174
LAX
KewHAD S«NYi'H4H
J>' J June RR
See X Y Cent
JSew A Cin Bdge See Penn Co
l.'UA X E prior lien g 6a »1915 A-O
X Y Bldn A Man Bell See L I
X Y Cent A H Riv g 3^8.1997 J-J
Registered
1997
1934
i^ake Shore coll g3>28... 1998
Registered
1998
Mich Cent ooll g 3 >2S
1998
stered
iy98
Beech Creek 1st gug4s. 1930
.Htered
1936
2d gu gold 5s
1936
Beech Cr Ext 1st g 3 "28 61951
Cart A Ad 1st gu g 4s. ..1981
Clearf Hit Coal 1st 8 f 48.1940
GouvAOawelstgug5s 1942
Dcben g 4s
Moh A Mai
1st
gu g
48. .1991
9U4
Sale
99
F-A
F-A
F-A
J-J
J-J
J-J
A-O
J-D
J-J
H7
16
98% 100%
K
884 89
1014
1004
1004 102%
90%
21
b94.
H74
1064,
.
BO
89
93
89%Aug'05
90%
894 914
90
89
90
90
Aug'o.">
J'ly'05
10341074
105% J'ly'o.5
L02
Mar*04
1074.
89%
.
101
90
.
.
95
100
"1014
105
100
Apr '02
107 4 J 'ly '00
105
Oct '02
106 Mar'05
<a>
<
niii
anil Iron
6s... 1919
Co gen gold
M-N
FA
105
107 4 Oct '04
103 4 J'ly'05
1254.
131% Apr'03
105 4
90
89 4
84
70 4
68
00 4 74 4
10-2
85
104
4107
93 4
cerft#a's.
1644 104
1
11
1104
103
C St L A P
rlll4FeA
oDue:eb
103
1114U14
,
0r,,
183 4Jn«'»».1
13»4
13*%
t»34M»y*03
l*2 4Do*>KI
rO€4s«ie
10-i4
13341334
Itfft
132
4132%
4if LOO
104%
964J ly «S
tm A^g'W
97 100%
94 4 98
•1O94109 4
100 103
l«%ftft}«
0*% 1«6
1^44...... :fi4%J»ae'0i'
044 1 06%
1034 105 k
9
77%
7a
,
97
96
l»94F«b'0fl
iktl'J
N.-1W8
lJOt
1
77 J»ir*»5
96SiJlyiJ6
764 7S4
744 77
994101
19fl4Ar>r'9.
125 4126%
,
10*7,
124>4.
iVi^
1<93%
J-
7Y««
Jly
132
'.
,
'9y
112 4Jty'«3
U>9 J'letl,)
D**4.
1004 Apr'O^
92 4.
92 4Ai>r'(T5
1144.
1U%.
u2
.
113% 115
1044
4144
11•111
107% 109
99% 101
9*4 924
11441164
1144
4 Feb '05 ... 118 41184
4J1y'0S •- 111 4113 4
•
1084.
934.
M1st eon g 5s. 1932 A-
*9S4\
1194.
AC
1912
3d 7a
A1912
Penn RR 1st real est g 4s. 1923
Consol gold 9s
1919
Consol gold 4s
1943
Convertible g 3 4a
1915
Convertible g 34a.
1912
Alleg Val gen gu g 4a.. .1942
CI A Mar 1st gu g 4 4s.. 1935
A
J
M
10841H4
.
119
106 4.
.
113 J'ne'0>
113 4 J'ly'05
112 4 J'ne'05
103 J'ue'05
93 4Ang'05
127% Oct '02
Mar'04
121
119 Apr'01
107
Feb'05
A
LletsrgOs.-lor.)
Aiuer Ice Secur deb g0a..l925
AiuSiurits Mig lat g6e.. 1916
Am Thread lbl col tr 4a. ..1919
Am Tobacco 40-yr g 6s 1944
I.124113
103 103
93
93%
107
106
Aug'o;;
106
Sale
Sale
114%
113
U14Sop'04
101%
104%
102
105
Nl
1044
110
102
110
101%
109%
1114J'ne'05j
J-J
52
193
Nor'97
Jan '05
101%lol%
1014107
110
110
ill"
i'if
4
98
98
98
09 Oct '99
109 4May'0.'>
Mi34J'ly'03
1 12
112
1
M-N
MS
iV6%!!;;;
J-J
ii2"Sai"e
1064
106 100% in:,
llu 4 Mar'05
107 ....
M-N
M-N
964 984
96% J'ly '06
'97^*98*
t\
103
109 4109 4
104
A-O
Due
,
ue
A Duo
-<0
.1-S
J-J
\-o
j'ly
'
V'iuj
Sale
'.""',
1104Salo
75 4
Sal''
p Due Xor
7.14
D
>!
115%
75
*
984
994
a
81
J'ly '05
9S4101
Oil 4 1004
77
w>
1014
101
1
4 1074
110%1104
J'ly '01
974 98% 984
99% Sale 984
M-S
98
ib8%iis"
',
J-J
LBS1 F-A
4s
,j
94
U24H3%
&
Due day
94
97
98%
117% 120
.
103%.
XnnuiuctiiriiiK
InduHtrinl
Am Cot Oil ext 4 4s
1915 Q-F
<
106
Next Pajje
Teleprrnph jind Telephone
tr 4s 1929
Uomru Cable Co let j; 4s. .2397
KrleT A Tool tr g s t 6s..l926
Met T A T 1st s f g5s
1918
X Y A X J Tel gen g 58.. 1920
Weal Union col 11 cur 68.1938
Frt and real oat g 4 4a... 1950
Mut Uu Tel a land 08...1911
XorUiw Tel g-u I 4 4s g.. 1934
Hide
106
98% Apr '04
.
113%.
113%.
110
102
D>5
4
Jan'01
Nov'00
96
M-
DRRRABgelstgu4sg.'36 F
GrRA I ex 1st gug 44a 1941 J
011
102
.
116
1024104 4
J'ly'05
J'ly'05
J'ne'05
97
97
104
924
113
108 4
Jan '05
Noy'98
1084Aug'03
J
M
M
M
1034
106
102
94
98
120
1164.
1164.
984.
974.
1st 7s... 19 12 J
2d7s
9941004
1014 J'ly'05
114% J'ly'O"
104 4Aug*05
102 Apr '02
M
XAC£dgegengug44sl945J
PCCA8tLgu44sA...l»40 A
Series B guar
1942 A
Series C ffuar
15)42 M
Series D 4a guar
1945 M
Series E 34 guar a
lt}49 F
IhttsFtW
101
1921 J
Registered
1932 A
CI A Pgengug44*eerA.'42 J
Series B
1942 A
Series C 34s
19-ls M
Series D34s
1950 F
Eri« A Pittegug84s B.1940 J
Series C
1940 J
80
106
106%
1034103 4
194',
iss
.
Guar 34s exHl trust reg.1987
Guar34seoMtr ser B...1941
Tr Co certlTs gu g 348.1916
Mo
:
10741074
104
1»»6
Am Telep A Tel coll
1
M
107 4 Feb '05
103 4
1054
101 MaitOl
107
Osweao A Rame S«RYC
O FA 8t P See C A N W
107
...Il03
A I CogenslgSs.. 1943
1034.
Convertible deb g 5s
1911 F-A
94
90 J'ly'05
Trust Ooetfa
874 Apr'05
Col induslsiconvSsgu A. 1984 F-A "73*4 Sale"
734
73%
let oonv 5a gu Scries B. 1934 F-A
Sale
72
71%
71%
Coutiu'talClstsr gu5sg 1962 F-A
107%
Deo'04
Or P.ivCoalAC lat g 6s.. 1919 A-O
102 4 J'ly'm
Jefl A Clear C & 1 1st
J-D
Mar".
g 6s.
107
Id gold 6e..
19-JO J-D
4 Oct '03
Kan A H C A C ie't"ef go's! 1951 J-J 1034105 102
104 4 J'ly -05
Pleas Val Coal letgaf 5s 1928 J-J
Oct 'OO
LOS
Tenn Coal gen 5a.
J-J
99
BB
TeDn Div lat g 6s.."".a 1917 A-O 11041134 110
J'ne*06
Bum Div 1st consol On 1917 J-J 110
112%
Cah C
Co let gu g 6s 1922 J-D
IU2
DeBarCAICogugos. 1910 F-A 101
V Iron Coal A Co 1st g 5s. 1949 M-S 90 Sal.) 104% .Mai90'1 5
•No price Friday; lateat bid and asked this week, a Duo! an
.
1064
1194
1174119%
Cad
ailSCELLAXEOL'S UONDS—Continued
Col Fuel
118
11S4 1184
L13% Jan '02
tee Co Pae 9)o
Ore RR A Bar gee Vm. Paa
Ora Sbert I^ine See Vn Pac
99
124
130
106
1
11)6
1184
l»tMJ
19S3
P««l A »ul 1-aa 0«
1*31
2d9«
1917
1968
lat e«r»8fft aoH 4s
Wa*k Cewt 1st g 4s
1948
Xor Paa Tfer Co 1st r 6s..l93a
korRyCal Sm* So Pin
834
79-%
12
119
105% 105 4
«6047
c3047
»ec»»e»ed
-
124"
119 4Mnr'(>5
1 64 4
C&AQcotltr4s frcfitKnr
KtP A V P gefc g6«
1923
1
J-D
MS
X J J unc R gu 1st 48.. .1986 F-A
X YA Pulstcongug4s 1993 A-O
Itejateaaacrl
Registered
5*2
99%
. .
St Pwil-DaJ DiT g *a
1054105%
61
99%J'ly*05
J-J
Men gola Be
»ep»eT»»
115%.
M-N 101%.
1014
90
F-A
904 BO
A sea g 4a.
l
121
11?
V
TAP
124""
4Xov'00
,
Paa— »rtor h«« g4«..1997
1997
Kc^wat TW
1204 123
1144117
1
115
.
190*
Oz'rlcACnarCl8tg4i68g.l913 A
1946 j
Ijae Coast Co 1st g 6s
ae of Missouri See Mo Pac
Panama lata fund g 44s. .1917 A
Sink fund subsidy g 6a.. 1910 M
Penn Oa— Guar 1st g 44e.lS21 J
LAW
1
U6 4Muy'W4
m
J9ar
Ore
1X2
iiT 114% Apr'Oo
Feb '05
98
180
964 99
J'ne*06
95
94
.rne'tr.
.T'ly-05
103 4Jaa'05
AW
984
101
93% 964
1
i05 4Marv05
»94
MorWla flwCStPJalAO
Xor A Hom, See JK V Cent
SeeC CCASth
93 4 93 4 Olftd
hie ISTer BR 1st g 58.1936
93 41004
1937General goM 6s
135% 139
125%J'ae'«5
126
11*4
lw«
1114Mar'04
934 Apr '06
984
1
&o 0ie»ei ed
1,044119
21
18
.
1937
See Erie
W
Kajataaaaed,
94% 964
96
984
1
101%.
103
1932M»ir Itrvur 1st g 0s
X A Br let co» g 48.1996 A-
ntv
lo«f
'99
94
74
>*•>
H141S5%
1104
Oct
1952
-
1044
107
n- •(;,.
AW
Dlr"l lat
106
1
119
100
100
.
974.
Poaa*« A Cjei»t4«..1941
OCATlatg»g6a
i92'J
!•*% 1*6%
tfoa TAXBlatgtig4s HW9
1«6
1*T4 i«rrth flbMls *ff (li t K \\t6f41«t4t * oi-tii Oatlo See L Br>a A W
1044
ly "or.
J
199% Apr'94
rji
Feb '06
.
114
10541084
Ma>*05
Jan "OS
.J
99 4
1
t/*%'»6%
111
L24
139
(>'!'.,
Y A Greeaw Lake
Y A Har Set N Y C A Hud
See D L A W
Y Lack
Y L H A W See Brie
92%
106% J'ly'OS
10S4iSule 10B4
4138 4
]";
NYAlMgBr Am Cent of X J
lIIaMK &WWYNHAH
Xew Yark Xew Har A Hart—
Uaimatoaio R oon g 6a. .1937 If.
X H A Derby com g 9a..l918 M
N r A Warth See X Y C A H
X Y O A W ref letg 4a.^rl983
Uegls $6,000 eady
^1993
X T A P*t Hoe K Y O A H
X Y A R B See Long Island
HT8aW See Brte
X Y lax A M See Pa« Co
1941
Xor A 8a«eWi lat j6«
1931
Sort A W»st gvn g tin
tm&tmvomH A extg&8..1934
.lofsiw
"
107
ft
A
11441 IT',
95 4 «»•
96
9S4
J'no'05
1
LIrMA B^eneou !»5sl931 A-O 1104
0«n con stamp gtd g5s 1961 A-O
934 Salt.
Unified A ref gold 4s. .1929 J-J
»648ale
Rrv A G Dirlst 48.. 1933 M-K
102
M-S
Verdi V I A W lat g 5a. 1926
MouA Binn prior lien g 5s 1945 J-J 112
924
1945 J-J
Mortgage gold 4s
914
Mob J A K C 1st cons eos. 1953 J-J
1W41304
Ohio
new
gold
6s.
.1927
J-D
Mob A
1st extension gold 6s../il927
General gold 4s
19S8
Jtfontgom Div 1st g 5s. .1947 F-A
Cairo coll g 4s..el930
Bt L
108% 111%
9C 4 93 \
H>9
103 4 De«'04
96 '4 J^ly '#6
93
1134,114 114 J'ne*06
107 4 1074 1*7% 1W7%
1WU
Ivt)
8t
MAO ooll 4s
14
137
137
12D-41U2
113 4 US'.
974J'ly'0«
»7 4
964 96 4
1024 10«
80 4 state
I"
of
ft
l
113-4.
J-D
F-A
M-N
A-O
M-N
F-A
A-O
MS
MS
Pao
110
.
10041014 1014J*l7'05
190C
Missouri Pacific 3d 7a
1920
latcoweol nMta
Trast gold as stamped.avi 917
Ragistered
ol917
1994) F-A
1st coll goldss
1945 M-S
40-Te*r gold loan 4a
Ceat Br Bx lut gu g 4S.1919 -A
lyerer
CY A L lat g &a 19-J6 J-J
A
12*J
J*no'Ofi
1084 J'ne*05
1204 Apr '06
11 3 4 Mar* OS
J-J
J-J
1944
let art gold 6s
et L Drr let ref g 4s....'JO01
1st rn g 5s... 194*
pal A
Kan C A Pae 1st e 4a.. .199©
Mo K A B 1st gu g 5s. ..1943
1949 M-.N
£ A Ok lat *m 6s
Wa
137
.
10S4.
7/117/1
L*07»ai*i6*"
114 4.
C A8Hirl8t.gug3s.19S9
UoMl»tered
Low
"s
102 4
102
!
10s
121
119
73% 79
19
364
11
17%
HWAOT H 1st gu g 58.1918
trtloa A Blk BIT gug4s. 1922
944*994 X Z Chic A St L lat g 4a.ll«57
78
May'00
105
1910 J-D
T>
inn
109
I/O
109%
994 102
99 4
73 100 1034
1 92 4
Muy'05
102 1034
100
%..
133
X t A Harlem g 343. ..2000
2000
Registered
N Y A North Lat g 5e.. .1927
R WAOcon 1st ext Oa. h 1922
Oowe A R 2d gu g 5s...el915
964 97*4Aug'05
904 J 'ly '01
..'.
'-
Jrtgh
108 4 109 4 1«K%
1940
1
Range
Since
*>3 Jonuary 1
122
g6a 1918
LA
104
Ask Low
Bui
LOl
1st.
RtSriateriMl
J
§ 1st R 34a
lat g_84a
107
Apr'Oo
l«t
WmVt
h'unae or
Last Saie
11
100
102 4 Sale
eonsol Oa. L909
1931
1931
Registered
19lt»
4s
'984*994
MIL
B9
M10I1 Cent
6a
llU'-j
Price
tyidav
Ang
LC8
286]
1997
4a
1997
Registered
1928
Debenture g 4«
Det Mod * Tol 1st 7a.l90<!
Kn A A G H 1 st gu r 68.1988
MalKin CM RK lHt 5R..1934
Pitts MoK A Y 1st (in (is .1932
1984
3<l guarOs
Rfglaterril
Sltorr pnhl 3
U»ke
A BV
EquipA ooUgoldos
M
W>«t Shore 1st 2a gu... 2361
13-2
114
110
Mar'03
994J'no'05
.
STOCK KXCHAXGK SI
\VKMK KMMNH Am 11
X V Cent A II 1*—(Continued)
Vor A Moat 1st gu g 5a.l01ri
J-D
Sea N V Oeut
Metropolitan Kl See Man By
Mex Cent eonsol gold 4s. .1911 J.J
1st eonsol Income (f Ss.al939 j iar
2d oousol income g 3s..al«39 l-l.Y
McK'pt
114
loi'V
1
r.'i'.ia
'.30
73 J'nc'O-J
113 Xov'99
1(KP4 Mm'lH'i
Fel)-(i:>
110
97
OT
05
Mar
LIS
ll-.'^Mar'Oo
J-J
"'
1»9
.v.
70
4.«..19Ki
i)4
fiiyh
LOB
JI
4 Hi 4
Honder
Kenluokv i>nt eold
LA X i B * >' 1 St I
'
l^na
Mar'Oo
rntfOC
13641364
MS
» 1952
1
Keb'wf>
A.nr'06
1981
l
m1
Janumry
109
132
Lov>
(>03
X. Y.
iai sjMiivofi
1st (toiaes
LDir
3s
McoMBdgel8tsfgbs.19.il
i-v"J8f? MS
MS
1^
or
Last Sale
'
1234
St
Kmnyc
3
BONDS
Week's
Price
?H
fYi<hiy
STOCK HXCHANOE
Aug 11
$«;
wkbk Bason Aca 11
Sid
Ask
Louisv * Xashv— ft»ti«w>««*>
M-N 1094
!•*
*%»L Cin A Lex gold
128
8*....1»*J
J-J
g*hl
KOAUM M1stae-hl
8a
**»2 J-J LSI 128
XOA
Peusacola Div gold 0s... 1920 M-S 112
Y.
.
4
7
'
i
9
1
s7
80
101
'«
4 90
110 4 255 1104 lis 4
77%
76 4 SO 71
Option
aalo.
Bond Record
C04
MONO:-,
STOCK EXCHANdK
Wbkk ending acq 11
Pen n KR (Continued)
N. Y.
i
W M 6s
1st consol gold 5s
1
92 J-D
1920 \-o
1989
I
i
Huron Div Istg68.19a9 A-0
SagTusA 11 isl gug 4b. 1931 F-A
Phil H &
See Penu Eli
Pt
loo^J'iy'oe
113 1*,
120 "a
103
1011
105U
iai s4
114
115
'04
Ja»
'05
rjl
's
High.
:,
«
109%
Apr'02
I
l:i% 123
112
114
J'ly'05
J'ne'05
114%
110%
a
Oct
120
.
'
&
&
J
&
&
&
'01
N
L&
Mount
Iron
A'ee
.
102% Sale
100 \ 101
106<a
75
89
M
M
M R&B
W
M
StP&S'xCity &eeCStPM<fcO
Salt Lake C 1st g a i 6a.. .1913
S Fe Prea& Pulstg5s...l94*
&NE
See
Nor &
94
125
135
J-J
J-J
A-O
M-N
M-N
M
J-J
J-J
J-J
J-J
89
J-D
M-N
A-O
A-O
122
90
102
W 1st gu g 5s.. ..1941
Cent Pac 1st ret
M-N
J.J
J-D
J-D
J'ne'05
103
102
104
104% Feb *0 5
Dec'04
96
25
J'ly'05
SO'^
90
60
124%126%
88% 92
38
84%
12
155
82%
110^112
104
104
J
J
J
J
J
J
J
J
.
.
104%
104
104»,
May'01
Mar'05
1*0
136
U7 a4
.
J-D
121 "a.
J.J
M-Sl
110
06% 101%
87%
80% 84%
84
108% 113
136
139
111
11S 34
110%112%
103
105
io4 34
i"04 34
124 May'06
135 Jan '05
134 34 Dec'04
123
135
124
135
118% Feb '05
117 Jan '04
118%118%
106
.
109 58
.
90^, Sale
110
Jan
108
May'05
'04
108
104 V 101 ?
fc
108
103 38
J-J
J-J
.1
l'
J
J
Gal Bar & S Alstg6s..l91u
2d gold 7s
1905
Mex& Paclstg5s 1931
VG&N 1st gug5s.l924
W T 1st g 6s. 1933
1st g-uar 5s red
Hous E &
1933
TClstg6sintgu..l93
F
1)
N
N
J
J
112
110
110
114
97
95
Sale
967a
95% 94%
,
100 34 Sale
89 % sale
98 % 100
106%
95
109
.
WMinW<teN Wlatgu5a'30 F-A 114%
1935 J-J
& O C 1st g 5s
115%.
110
95%
336
2;
May'Oo
94
104
105
103
110
92
104%
98^8
109
110
'03
97
95% 98%
92% 97%
91
94
104 34
108% 111%
100% 100% 111 100% 104
99%Mar'03
88 34
89 % IS 87% 90
i.08% iio 7
Sep '04
Feb'05
107%J'ne'05
107% Feb'05
103
115
5s. ..1935
A-O
General gold 5s
1935 J-D
Kan<fc M 1st gug 4s
1990 A-0
TolP& Wist gold 4s. ...1917 J-J
TolStL&WprUeng3%s.l925 J-J
1950 A-0
50-year gold 4s
Tor Ham & Buff 1st g 4s Jil946 J-D
Ulster & Del 1st con g 6s 1928 J-D
1st refund g 4s
1952 A-O
Un Pac RR & 1 gr g 4s ...1947 J-J
Regis tered
1947 J-J
1st lien convert 4s
1911 M-N
Registered
1911 M-N
Ore Ry & Nav con g 4s. 1946 J-D
Ore Short Line Istg6s..l922 F-A
1946 J-J
1st consol g 5s
1029 J-D
Guar refund 4s
Registered
1929 J-D
1908 J-J
Utah & Nor 1st 7s
Gold 5s
1926 J-J
Uni N J RR & C Co See Pa RR
Utah Central See Rio Gr Wes
Utah & North See Un Pacific
Utica & Black R See N Y Cent
Vandalia consol g 4s
1955
1955
Registered
lud
Val
&
See
Mo
P
Ver
irginia Mid See South Ry
Va & Southw't 1st gu 58.2003 J-J
1939 M-N
Wabash 1st gold 5s
2d gold 5s
1939 F-A
Debenture series A
1939 J-J
Series B
1939
lat lien equip a fdg5s..l921
1st lieu 50 yr g term 4s. 1954
Det&Ch Ext lstg 6s. .1941
DesMoin Div lstg 4s. .1939
1941 A-O
Oni Div 1st g 3%s
Tol& ChDiv lat g 4s... 1941 M-S
St Chas Bridge 1st g 6s. 1908 A-O
Wab Pitts Term 1st g 48.1954 J-D
1954 J-D
2d gold 4s
Warren See Del Lac & West
Wash Cent See Nor Pac
See Southern
Wash &
West Maryland lstg 4a. ..1952 -O
Weat-N Yds Pa lstg 5s. .1937 J
1943 A U
Gen gold 3-4a
Income 5s
dl943 N (M
West No Car See South Ry
WVaCentdiP lstg 6s. .1911 J J
Wheel' g & L E 1st g 5s...l92ti A-O
Wheel Div 1st gold 5s.. 1928 i -J
Exten & imp gold 5s.. .1930 F A
1949 M -S
RR 1st consol 4s
i
113%. 115
107% 110
105% 107%
103% J'ly '04
107%
107%
93
93
91
91%
85%
91"%
89% 91%
83
66%
80 3
133% Sale
97
95
98
'4
110%113
95% 95%
105 % 03 104 54 103%
105 34
a
105 4 J'ly'05
103% 106%
130% 133' 1632 112% 138%
137^ Apr'05
116 3 t i.'.' 4
103% 103 3< "29 102 104
126% J'ly '05
124 127 %
117% 117% "1 117% 120
95% Jan
105% Sale
112
93
98 J'ly '05
110 58 J'ue'05
112%
% i 1 6%
95% 98%
97% J'ly '05
93
91 % sale
85 34 Sale
98
99
i.14
110
May'04
111
'05
:
103% 104
123%
117%
96% Sale
,
107-
96%
96%
103
95% 98%
112 Deo'03
114'aApr'O*
103 34
103%
25 103 34l04%
110%112% 112%J'ly'05
118 34 118%
118
106%...
71 % Sale
102
92%
110
90%
86%
95
99
20-year equip s 5s ...192*
Wilkes <fc East See Erie
107%112%
119%
112%
118%
116
107
90
107% Aug'05
90
70
103
92
111
97
88
97
Feb'05
71% 126
103
Apr'05
Aug'05
Nov' 04
Apr'05
May'05
90
66% 84%
103
92
109% 112
102
92
86
95
68%
98%
109%Mar'03
Sale
bale
89
33
*
89
86%
38
38%
35
83
119%J'ue'05
% 98
98%
J'ne'05
40
Mar'01
109%
112
May'OJ
li3%
114% Mar'05
114%.May'Oo
97
27
111
93
bale
111
J -J
94% Sale
J -J
8H^
87% 83% 37%
.J
110% 112 34
Wii & Sioux F .See St P M & M
"95% ibo% Wis Cent 50-yr 1st gen 4s. 1949
100% 100 J'ly'05
127% Feb '0*
110-4 J'ne'Oi
.,
9. 4
W
1'
112 3 i J'ne'05
113 Dec'04
KS 3
100%Nov'04
.
W
108
109% 109%
30 109% 114
103%Mar'05
110%
107% 110
W
Jan
102
107%
Consol g 0s int guar. ..191* A O *110
Gen gold 4s int guar. .1921 A (I
Waco & N
div 1st e 6s '30 Vi N 123
113
84»4
102
Jan '05
lll%May'03
105
M N
M N
VI
U2%
109% Mar'05
111 3
4
A
J
VI
...
...
107%...
HO^
.1
91
104% 10478
95 Mar'06
109 Feb'05
90
J-J
J-J
.
LM
Western Div 1st g
99 \
M-N
J-D
J-D
A-0
A O
139
11234
iVI-N
.
Tol
113 J'ly '05
138 i4 Aug'05
140 May'02
111 % J'ly'05
116 %Apr'oi
11138
138
111
A-0
:
W
104»<
May'05
131
114
Sale
138
J-J
J-J
J-J
J-J
Registered
1940 s A
Mort guar gold 3%s.. £1929
1)
Through St L 1st gu 4s '54 A
H&
2]
WOikW
109%
A-O
gu g 4s 1940 w A
Gila
94%
99
99% 99%
84 »a 84^
84
L
82 4 Sale
82
1920 J.J
fcl949
A&N
96
'05
104%
129% 132
J'ly'05
112% 116
99 34 100%
100\i May'05
102 4 102 14
1 101
102%
Sale
89% 156 88% 92%
88%
102
A-O
Shr & So See
K&T
Su Sp Oca <fc G See AU Coast L
Sod Bay <fe So 1st g 58
1924 J-J
So Car & Ga See Southern
So Pao Co— RR 1st ref 48.1955 J J
Gold 4S (Cent Pac coU).A:1949 J D
Registered
93
Jan
94
103
103
127 J4
113 114
<fe
Slier
109
77
89
103 34 May'04
Ga<& AlaRy 1st con5sol945 J-J
Ga Car No 1st gug 5s 1929 J-J
Roalst5s
75
89
W
Seaboard Air Line g 4s ...1950
1911
CoU tr refund g 5s
Car Cent 1st con g 4s... 1949
Pen
1st g 58.1918
Fla Cen <fe
1st land gr ext g 5s... 1930
Consol gold 56
1943
Seabtfc
109
lOl^Nov'Ol
J-J
S A & A P See So Pao Co
S F <fc N P 1st sink I g 58.1919 J-J
Sav F & West See Atl Coast L
Scioto Val
Mar'05
J'ne'05
109
76
89
76
116 116
lOO'glOl
100 100
08% 101
MP
St L & S Fran 2d g 6s CI B 1900
1900
2d gold 6s Class C
1931
General gold 0s
1931
General gold 6s
St L cte S F RR cons g 4s. .'90
Southw Div 1st g 5s. .1947
Relunding g 4s
1951
6-year gold notes 4 %..1908
FtS& cong 08..1928
K C Ft S <fc Ry ref g 4s 1930
1st gu 58.1920
K C <fc
St Louis So See Ilbuois Cent
1st
St L S
g 48 bd ctfs.1989
2d g 4s mc boud ctts...pl989
193*
Consol gold 4s
Gray's PtTer 1st gug 5s 1947
Dul
Pacific
See
Nor
St Paul <fe
& Man 2d 6s.. .1909
St Paul
1933
1st consol gold 6s
1933
Registered
Reduced to gold 4%s.. 1933
Registered.
1933
1910
Dakota ext gold 6s
193"
Mont ext 1st gold 4s
Registered
1937
E Minn 1st div 1st g 5s. .1906
Nor Div 1st gold 4s
194b
Minn Union 1st g 6s.. ..1922
1937
Mont C let gu g 6s
Registered
1937
1937
1st guar gold 6s
Will & S if 1st gold 6s.. 1936
St P & Nor Pac See Nor Pac
KC
.
J'ly'97
116 May'05
10238 l"23j
100 Jan'O;
101
101
J-J
StLKC&N See Wabash
St L M Br See T RR A ol St L
',.
:,
117% 121
Y Ceul
1941
Rutland 1st con g 4%s
Rut-Canad 1st gu g4s...l949
Tus <fe 11 See Peru Alarq
Sag
t Jo & Gr Isl 1st g 4s. ..1947
St Law& Adiron lstg 6s.l99C
199u
2d gold 0s
St li & Cairo See Mob & Ohio
St
08
115
1940 J-J
See
1
T
;
120%
120%
.
B R& P
See
Pitts
Rome Wat & Og
Since
January
.
1197B
118
&
Guaranteed
Roch
Range
52
Bid
Ask Low
High No Low High
(Continued)
lL".".J Nov'04
1st 78.1918 A-0
118%
1*2%
1*2
Dec'04
1020 J-J
1st gold 68
108 Sep '04
No 01 Cal 1st gu e 6s. ...1907 J-J 101%
116
113 Jan '01
10:;^ A-O
Guaranteed gold 5s
103
104%J'ne'"5
101
104%
Ore & Cal 1 st guar g 68.1927 .J-J
88% 89
88 %
88 >< lol
91%
S A <fc A Pass 1 st gu g 4s. 1943 J-J
106% Apr 'or.
106 108%
So Pot Argu 1st g6B...el909 J-J 106%.
34
100
109% Jan 'OS
109% 109%
cl'.iln J-J
1st guar g (is
103 J'ne'05
102% 103
S p ol Callst K 6s ser B.1905 A-O
103%
Deo*04
104%
A-O
scries
1st g 6s
& D...1906
113%.
115 Mar'05
114%115
1 9 12 A-O
1 kt g 68 series E <fe F.
114% Dec'04
1st gold 6s
1912 A-O 118%.
U7->i
119
Feb
'04
M-N
1st eon guar g 6a
1937
H<8 J'ly'05
106%109%
1905-.. 1937 M-N 108%
Stamped
109% 1'eb '00
109%
108
SPacol N M02 1st g 6s. .mil J-J
'05
102% J'ly
102% 102%
1900 E-A
Texcfe N O 1st 7s
112
'« Feb'06
112%
112
M-S
1912
Sabine Div IstgOs
111 Aug'05
,11
1043 J-J Ill
Con gold 5s
119% OS U7%121%
J-J 119 119% 118%
Southern— 1st con g 5s
110
Feb'04
1994 J-J
Registered
III'.
100 J4
9ii% 101
Mob & Ohio coll far g 48. .193d M-S 101
118 4 J'lie'05
118 3«
118
.Mem Div 1st g 4%-6b... 1996 J-J 117
99%.
100 Aug'06
97% 100%
195] J-J
St Louis div 1st g 4s
L18 J'ne'06
117% 118
191s J-J 115
Ala Cen R IstgOs
98%Mar'0i
95%.
95% v8%
194S J-J
Atl & Danvl8tg4s
90 -a Dec'04
1048 J-J
2d 48
96%
Atl* Yad lstg guar 4s. 19 19 A-0
116% May'05
116%116%
1916 J-J 118%
Col & Green v 1st us
Sale 115% 115%
116
114
E T Va &. Ga Div g 5s. .1930 J-J 116%
120% 120%
119% 122%
1056 M-N 1*0% 12*
Con 1st gold 5s
113%
Main;,
114
114 116
E Ten reor lien g 5s
1939 M-S
121% J'ly 'OS
121% 125
1922 J-J 1-3%
Ga Pac lty 1st g 6s
3 J ne'05
1*7
124-s
126
123%
J-J
i
.1925
1st
Knox & Ohio
g 6s..
114% J'ly'05
114 34 118
1915 J-J 114%
Rich & Dan con g 6s
112
112 112%
112% Jan '06
1927 A-0
Deb 5s8taniped
95
93 Feb'05
96% 98
Rich <fc Meek 1st g 4s.. .1948 M-N
108 111
1919 M-N 110 111 109% Aug'05
So Car <fc Ga 1st g 5s
123 Eeu'O*
Virginia Mid ser C 6s.. .1916 M-S 114%
110 Dec'04
1921 M-S 110
Series D 4-5s
111%
114% J'ly '05
114 114%
M-S
1926
Series E 5s
H4%J'ne*06
114%; 117
1930 M-N 114%
General 5s
114% J'ne'05
114%114%
Guar starapefl
1936 M-N
J4 May'05
»4 ..
94
97
97
97%
1st cy gu 4s. .1924 F-A
115 J'ly'05
115 116%
West N C 1st con g 6a. .1914 J-J 113-4 ..
S & N Ala See L & N
131^ 117 J'ly '01
Spok Falls <fc Nor 1st g 6a. 1939 J-J
100 Nov'Ol
Stat isl Ry 1st gug4%s.. 1943 J-D
Syra Bing & N Y See D L &
lll%Apr'05
111%112%
'perAolStLlatg4%s..l039 A-O 112
120%.
1*2>4 J'ly'US
123
121
1 1st con gold 6s. ... 1894-1944 F-A 100
'05
J'ly
99%
98 34l01%
Gen refund s I g ^s
1953 J-J
ill
ll*%J'iy'04
A-O
BgeTergu g 5s. 1930
St
Tex & N
See So Pac Co
123
120% 123%
Tex & Pac let gold 6s
2000 J-D 122% 123 123
95% sale 95%
96%
93 34 102
2d gold inc 5s
9^000 Mai
J4
10o
Aug'06
106%
1U%111%
J-J
1931
La Div B L 1st g 5s
Southein Pao Co
Morgan's La &
.
I
&
or
.
112% Dec '0*
.
Range
Last Sale
. .
110 '^ Apr'04
137 Mov'97
118
100
Friday
Aug 11
,
J'ly'O"
:,
.|
114
W
123% 123%
J'ly'04
113
& Reading COBB 78.1911 J.LI
Creek roe guar 6s.. .1932 J-D
Pitts Uiu <fc St L See Peim Co
W
110 H> Sep
123
101
109
S,
Phila
&
106
100*4
Pme
Pitts Cleve&Tol See B & (>
Pitts Ft
<& Cli See Pcnn Co
L922 J-J
Pitts June 1st gold 0s
Pitts
L Erie 2d g 6s.. .al926 A-0
Pitts McKees <fc Y SeeN V !eu
L E 1st g 6B..1194C A-O
Pitts Sh
11)43 J-J
1st oonsol gold os
O
Pitts cfe West See 15
Ash 1st con os. '.127 M-N
Pitts Y
1997 J-J
Reading Co gen g 4s
1997 J-J
Registered
Jersey Cent coll g 48... 1961 A
Rensselaer Ja Sar See D t^ li
Dun See South Ry
Rich
Rich
Meek See Southei u
Eio Gr
Rio Gr West See Den
Rio Gr Juno 1st gu g 5s. ..1939 J-D
1940 J-J
Rio gr So 1st gold 4s
Moil So Low
Low
Asic
loim
N. Y.
1
Week's
Frtce
STOCK EXCHAX'i E
Week Endino Auq 11
Since
January
Last Sale
11
Uia
W
PhilaBal&
1st g 4s. .1 948 M.N
Sun <& Lewis 1st g 4a... 1936 J-J
U N J RR.kOaugeu4B.19t Wl-S
Pensacola & Atl See L ifc Nash
Peo <fe East See C C O <i; St L
Peo& Pek Uu 1st g 6s. ...1921
M92 M-N
2d gold4%8
Pere Marq— Cli&
Flint* I'M n Os
Week's
Range or
Vol. lxxxl
4
BOOTH
Range
J 'rice
Friday
Aug
—Concluded—Page
114
J'ne'05
93
102
Jan
U3 34
93%
97
87 34
118
95 J4
45%
94
119%
96% 98%
111
112
114% 114%
114% 114%
113 114%
43
'05
92
102
95%
102
94% 104 90% 96
1
MISCELLANEOUS BONUS—Concluded.
& lndiiNti-inl
ftlauiiiiicturing
Cent Leather 20-year g 5s. 1925 A-0
Cousol Tobacco 50-yr g 4s. 1951 F-A
Registered 4s
1951 F-A
Distil Sec Cor con v 1st g 5s. '27 A-O
int Paper Co 1st con g tjs.1918 F-A
Consol conv s f g 5s
1935 J-J
Int St
Pump
10-yr conv. 6s '13 J-J
Knicker Ice (Chic) 1st g5s.'2S A-0
Lackaw Steel 1st g 5s
1923 A-0
Nat Starch fg Co 1st g 6s 1920 M-N
M
Nat Starch Co
s
I
deb 5s.. 19*5 J-J
Miscellaneous
100% Sale 100%
79%
'
81
107
93%
Sale
691
Aug'05
85% Dec'04
80%
81
79
106%
87
69
85
68
52
%
106%
85 %
J'ly'05
1948 M-S
Adams Ex col tr g4s
99%101
74
84% AmDk<fcImp5s *f« Cent K J
108
91%
110
95
102% 105%
98
5
4
98
104% 108
1920 M-N
FerryColstcousg5s'48 F-A
Yard
col
5s.
19151 J - J
St
<JhicJc&
g
93
49%
B'kl'n
"85"
M ldgr incomes.. 1911 A-O
Hoboken L& I gold 5s.. .1910 M-N
Mad Sq Garden 1st g 5s. .1919 M-N
Man Bell H <£; L gen g 4s.. 1940 M-N
DetM<fe
No
& D D 5s 1^1991
J-J
71% N Y Dock 50-yr 1st g 4s. .1951 F-A
.M-S
42% 59% Provident Loan Soc4%8.1921
St Joseph StkYds 1st 4 %s. 1930 J-J
1% 8
108% 112% St LTerCupplesStat'niV Prop
Co 1st g 4%s 5-20 year. .1917 J-D
93 103^
92
93% S Yuba Wat Co con g 6s. .1923 J-J
Val Wat Works 1st 6s. 1906 M-S
Sp
92% 97%
99% 101% U S Red & Ref 1st a I g 6s. 1931
85
59
Nevrp
Ship
105
105
Am SS Cool W Vag 5s
77% 82%
110 J'ly'05
92 %
92 34
103% 104 J'ly'05
100
98% Feb'06
106 3<
60
100?,.
96%
HiOJ4 .T'ne'02
2 J'ly'05
108 J'ly'05
75
J'ly '05
50
Feb '0*
vi6%
105%
58
108
71% 60
48
108
96%
100 Mar'05
Rope& T lstg 6s. ..1946 F-A 50 62
52
"a
100
Income gold 5s
1946
4
3
3%
4
98
US LeathCosldebg6s..l913 M-N 109% 110 110% Aug'05
U S Realty & I conv deb g 5s '24 J-J 100% Sale 100% 100^ 26
112 J'ly Mi
U s steel CorplO-00 yr5sut'G3 M-N 97% sale 96
97% 5141
113% J'ly '00
Registered
April 1963 M-N
97 % Sale
96
97 34
6
101 Sale 100% 101
Va-Cnr Chem col tr 5s g,.191* A.O 101%
100% J'ly '05
•No price Friday; latest bid and asked, a Due Jan tiDueFeo a Due Mar d Due Apr /tDueJ'ly IfUueiuj; j j Ue oct p Dae Nov o "as Deo
Stan
103
105
94 % 98
OS 100
I
IS
;
83%
'P
optioa sale
.
'
l
'1
1
.
CH ICAGO STO C K EXCHANGE— Stock
ASH
i—JilQHMJil
Uvf
a uy
^Vowini/
ju.iV
Z.OH HH1
2
Aug
Rtmg*
STOCKS
H ad
s
Week ly and Yearly
Record -Daily,
hitrsda
Any
V
1a
jPrt
|/
EXOHANG
Year
'or
Bangs
»unu
/«r /r<
0/ tht
CIUCAOO STOCK
Wfek
i.
Highest
Qtsi
!.'
si
Higfti
Kiiilimuls
196
»1S5
188
»188
we
•i8«
196
•186
1. (7
,s
Maf06
1V0
i
...
M\t
84 \,
.-•i
84
"a
84
M
M'.,
<«
L
ii\
J4 j.
43Sjs^i.,
24 \i
....
•UO
..
.
45',
'-i
95
'24
66
70
36
•21
•60
/.
Si
J,
28
98
S.
"lfsi'iVv
11%
ll
60 ^
6^S,
09»4
1
1
1
1
1
15
Sale
95'...
89
-i
H
60
35
..
100
i>rc-f
jtreeta
Do
4
.
tu
1H)
•
40
110
•
*
40
110
'5'2
54
»62
;..")
* a
•
1 :5
150
-
•
104
liiSi
* 34
141
141 J« 141V
Si
158
45
135
•103
185
104
142
6
325
10
ioo
ioo
"ivi
"ii«b
:,
142
•106
56 34 59
114 114
'•'
60
Si
62
62
60 S<
109
97
97
110
110
110
109
£%
l^
1\
B«a
9 7e
934
9 7e
35
9^
9-Tp
9
33 Si 33 S,
•33
:ino Title
58
J'ly'O..
Apr '05
iO
ht\
1144
1°8
9 Si
33 1j
n
Gas
Pullman Co
3t Louis
no
Clue
Chic
Chic
Clue
Board
Trade 4s ...1927
Consol Br & Mlt 6s
Consol Trac 4 Sis
1939
Edisou debent 6a
1913
gold 5s
A1926
Chic Auditorium 1st 5s. ..1929
Clue Dock Co 1st 48
1929
Clue
Clue
of
Do
8 Si
9S»
•33
EquHGas
1905
& Mil Elec By 5s
1919
Pneuni Tool 1st 5s .al921
ClUC Kock I & Pac KK 4S.2002
CollatTrust g 5s
1818
Commonwealth Elect 5s.6194;<
Illinois Tunnel 5s
1H28
• City By d; Dt Co
6s. 1913
Kioc.kerb'cker Ice 1st 68.1028
street El 1st 5s
102,^
In:ome5s
1025
Side E: 1st 4s
1938
Extension g 4s
193fc
Koa ill Clue St 1st 5s
190.
6s
<
W
Id 6a
Kefundmg e
loo'j
A-0 104Sjl04 4 104
F-A 97 Si 102
98
A-0
100 S,
l
M-N
M-S
il-S
J-D
M-N
A-O
J-J
Feb
F-A
J.J
J-J
J-J
4S<s
193] A-O
Clue City StBy 4Si8.1927 M-N
N'jrlh\S'est'n El 1st 4s... 1911 M-S
Ogilen Gas 5s
]y4 M-N
wna-Tart 5s
1
J-D
mH H B
1920 K-8
72
4 1U8 Series
4-oOs Sence
4-80s Series
I
C
5s. .1937 J-J
Side Elev i ^h
Co 1st g 6s
m El (IxK)p) 5s
II Pacific con
v 4s
j.iewinx 6s
Corn 2d 5d
est Chic st 1st 5s
L»2
I
1*1 6a
CI 't68
Consol g 5s
>\ eat Div city
VMlrnSton.'
p.y 4
I
J.J
1914 J-J
<t
•
94
94 S,
90
100 Si
99
11)45
71
Nov'04
94 '4
90 Si
»
4
95
97'4 10O
16
18
11
88
">•''.
103
L08
J'ne'05
lOU'.i J'ly '05
li.O
I2:i'i
105 Si
L07 a<
M-N
M-N
88
94
No Vol
1909 F-A
li,U J-D
1988 M-N
"38..1932 J-J
60
80
J ni-'o
Si
Sahe
-_'
D)i'
10()34
60
76
9 Si
I
L07»i
104 i
2.
t
L0219
105
Si
J'ly '05
.
Feb'05
82 S,
88
100
,
Mar 79 Si Deo
Jan 123
m^
40
19
Si
Sep
S2
Deo
J 'no
Aug 94>4 0ct
Mar 198 May
33 Nov 40 Nov
3
100 4 Mar 110 Feb
52 Feb 63 Aug
82
J'ly
4
J'ly 31
Apr 15
s<
Marls 120
J'ly
Jan 5
Jan 18
Jan 20
Oct
Jan
10
m^
Jan
lO^Nov
l^Nov
J'ue 2
1
1
J'no28
7
7 Feb
Jan 25 172 Feb 20 140 May
Jan 7 52 Si Marl6 18 J'ly
May 4 143 Si Feb 17 115 Mar
2 95
Apr 6 105 34 Mar 6 86 Feb
786 134 Si Feb 1 143 Augll 126SiFob
75 55 J'ue27 66SjMay26
...»
Feb 6 34 Si Aug 1
Feb 15 73 34 Mar22
.
.
.
.
54
Aug
48
44SiMiir27
'2
Jan 30
Jan 25
Apr
05 34
5
Apr20
Aug
9
61
Jan
2 '4 Jan
Apr
Nov 25 Sep
Jan 68 Si Deo
1 34
20
36
99 Si Jan
3
Oct
Feb
Jan
Deo
7 Si Nov
42
3
Jan 30
2
8 Fob
173 Si Nov
36 Nov
147 Si Nov
108 Oot
142 Si Nov
10 Si Dec 12
60 Jan 62
17 J'ue 20
H6S2N0V
2514
Mar
95
Jan 120
98«8
Fob
46Si
Deo
Sep
634Mayi9
601 106 Feb 26 114 Jan 6
12 46 Jan 25 92 J'ly 10
43 &6SiJaii 4 98 Si J'ly 26
U0 4NOT
1
Tliis is
99'8 Apr 110 Si Nov
35 34 J'ne 47 Si Jan
76 J'ne 87 Nor
P Co. ..100
Unit'd Box Bd &
Do prel
new
7»*Oct
10 °8 Dec
100
P ColOO
105
2,148
100
100
100
Nov
Apr
3
14S»Apr
3
7
J'ly
Feb 15 38SiAprl4
20 34 Jan
14
B«p
25SiDec
1^8 J'ly 25
2 Si
8SiAugll
23
3"8
«4 J'ly
stook.
OutstandSurplus & In
ing
Pro/Its
Stock
1903
100,000
200,000
1,000,000
& 500,000
2,000,000
Continental National.
3,000,000
Cook Co State Savings
50,000
Corn Exchauge Nat... 3,000,000
Drexel State
200,000
Drovers Dep National
600,000
First National
8,000,000
First Nat Englewood.
100,000
Foreman Bros B'k'g Co
500,000
Fort Dearborn Nat.
1,000,000
Hamilton National
5O0.0O0
II iburniau B'k'g Ass'n
1,000,000
Home Savings
100,000
Manufacturers Bank.
200,000
Milwaukee Ave stale.
250,000
Nat Hank of Bepublic. 2,000,000
National Live Stock... 1,000,000
North Side State Bav..
50,000
Oakland National
50,000
Peoples Trust & Sav ..
200,000
Praino National
250,000
Prairie State
250,000
Pullman Loan & Bav..
300,000
South Chicago Savings
200,000
Statu Hank of Chicago. 1,000,000
StOOk Yards Savings ..
250,000
Union Hank
200,000
Union Sioek Yds State
200,000
Amer Trust &
Dividend Record
In Per
1904 iod
2, 001), 000 stU,065,w62
Calumet National
Chioago City
Chicago National
Chioago Savings
Commercial National.
31,067
168,801
1,425,:;
,",
1
&65.314
1,792,123
1,232,536
3,072
3,561,208
16,274
274.G92
5,973,000
106.770
627,237
226,614
141,896
1,049,404
155,785
1
1-3 J'ly
'12*
8
6
12
6
8
Q-J
8
6
12
J'ly
J'ly
Q-J
I'ly
Q-J
Q-J
Q-J
Q-J
J'ly
J'ly
J'ly
J'ly
J'ly
•05,
'05,
•05,
•05,
•05,
'05,
•05,
•05,
6
8
12
1112
10
6+4
Priv ate Ba nk
6
Q.J J'ly
.6
"8
6,084
49,586
13,510
69,598
7;;. 721
170,613
81,875
607,524
"*8
10
10
"ti"
6
15
12+3
6
6
6
Now Bank
"*8
1T38
8
8
5
6
Q-J
Q-J
h
New
7
4
1
h ank.
6
6
6
B
16
2Sa
'05,
lSi
'05, 4
'05, 5
'05, 1
'05, 3
J'ly
'05,
i'ly
'05, 3
'05, lSi
•05, 3
J'ly
Fly
lSi
\\<i
Q-J
Q-J
I'ly
'0
J'ly
'05,
l s4
O.J Fly
'05,
'05,
1'4
..
8
I1A111.
lSi
2
3
Bank
1
New
lSi
3
Q-J i'ly '05,
Q-J fly •05,
Hi- •05,
Q-J i'ly '05,
I
6
3.000,000
J'ly
J-J J'ly
101,615
2:;, 50
Began Mav'l.
19,02'J
I'ly
Q-H .\Uy
1.000 os 7
Savgs..
J-J
J-J
"S
"e"
2
12'
8+5
12+3
13
15
r
'(!. <,
'05, 8
'05, 4
'05, 3
,589
1
263,164
952,610
1,302,966
Last J'aid
Jan Ian
J-J J'ly
Q-J J'ly
Trust Co of 111 2,000,000
Oli- iiiil
Citizens' Tr cfe Sav Bk.
200,000
Colonial Trust & Sav..
fc2OO,OO0
fclOl 177
Drovers Trust & Sav..
200,000
•is U94
500,000
Equitable Truai Co
460 000
Federal Trust <t Bav.. 2,000,000 Mergi
w.
First Trust a Savings
1,000,000
898, 075
llinois Trust <fc Sav.. 4,000,000
19)
.lack-on Trust <fc Sav..
250,000
56 673
200,00(1
KenwoodTrA Savings
2 4
Merchants' t/n&TrOo 3,000,000 8,61 532
750,000
Metropolitan Tr<fe Sav
2 5 7 748
N'orthern Trust Co lik 1,600,000 l,0*i 1.
Koyai
500,000
•117
ual Co
Trust
12+4
h
1V3
Q-J
i'ly
Sav.
J'ly
1 Si
Bank
•<
1
94
60
vii
100
60
90
.
,,._,._.
'i
1
luim
'I
1
rii-it
(Jo
n 1 ru>t ,v Bav.
'A'iKiiilawo TriSiv Bk
1
•
.
Bid and askeil
OJJU^Dec.3L
12 Si Deo
04 3 Doo
SSiJan
Jan
81^4
40
Jan
62
'27
I
J'ly '04
-
Jan 4 40
Marl 7 110
1
107
Jan 'ill
uMi-il to all Chicago bo ml
Dee., lao-J, 111 stoofcof First Cnx-\l& Savings B oik.
prices; no sales w-.-r.! in. id., on tinly.
t No price Friday.
/tiLueJuue. cDueAprU.
/i Duo Jul v.
N 01 1-.— Accrued inter.
29«4.1an 4
Mar'21
72 Feb 3
Feb 9 14 ^ Apr 25
Jac 25 73 Si Apr 25
Jan 24 82»4 J'nel'2
.-niral
Nov'ol
191U M-S
82
Si
9 8 Si
99
99 Si
99 Si
100
ioo
123 l< j'ucoe
14)6
106
LOU'S
96Si
'i
90
93 *4
'B8*».i
lo:sS,
I
90
100
J'ne'05
99'8 Autc'05
103 \
98 Si
Si
lOO'slOO',.
97
OS's
108"4
108^.
May'05
107S. 107
10:114
80
68
106Vl08 l4
9<J»4
A-O 106
M-N
.1908 A-O
10
94 "*
90«8
114
81
191]
101
104
Feb '04
108»8Sale
J-D
5s.
Si
"4
62
66 Si
103 Si 104 Sj
104 104 34
"90" J'ne'05
tW
E
F
Gas L&C
BefundinggSs
Chic Gas Lt&C 1st
Consumers' Gas 1st
V.
(j
99
103^ 103
108
J'ly '05
80 Apr '01
106 Si 106 \ loe^
97
97
97
1 00 8 Feb'05
98 J'ly'O
97Si.
99 Si 99 '« J'ly'O
16 May'O
94'
94 ?8
t94*8
87 Si Aug'05
tb7Si 88
97 J'ne'05
100
96 May'05
F-A
9','Si
M-N
6
M-N 1U0
1st 6s. 1943 A-0 12314
1947 M-S tl06
...le'a
'
! 1
.
99»6 Mayl8 110^4 Apr 8
T
106
He
]
71
79
<fe
prel
NAME
10O«4 Nov'04
70
a 103'j
i'enoe
Miyh A o. Low High Bankers National
100 Si J'ly '05
103 '4 J'ly '05
104 May'05
103 Apr '04
64 Sj Apr '05
104 Si J'ne'05
J-J *102Si....
J-J
J-J
J-J
^-j
January 1
55
Nov
Nov
Chicago Banks and Trust Oomnanies
Last Sale
J-D
9
Feb
J'uel2
...
C'kelOO
100
Western Stone
34
llange
Since
J-J
6
1
45
Nat St'k YdslOO
Dec '04 JnwnBau
Week's
100
L<fe
-iwift
Range or
J-D
Nov
Nov
28 4 Dec 31 Die
80 'l NO! 8
Nov
16 Mai 28 Sop
41 Mar 68 Oct
65 Mai 88 Sep
15 Jan 26 '1 Nov
44 Apr (17 Si Nov
90 Mai 98 Si Nov
38 Jan 34 Oot
82 Si Apr 103 J'ne
38 Apr 56 Si Sop
708 lll^j J'ly 1(1 120 Si Marie
560 41 Jan 25 67SiJ'iif24
1 110
Jan 5 120 J'nel9
85
Price
Ask Low
Aug
97
40
897
646
2.U47
100
& Co
rue Quaker Oats Co. 100
Do prel
100
97 S
Un Stock Yris(So Om)100
85
97 Si
Friday
Aug. 11
Bid
Amer Biscuit 6s
1910 F-A
Amor Strawboard 1st 6s. .1911 J.J
Cass Ave & FG(StL) 58.1912 J-J
•27 Si
11
63
100
100
100
100
Woren Wire
Chicago Bond Record
BONDS
Trust.. .100
57*8 National Biscuit
Do prel
64
National Carbon
Do pref
t
CH ICAGO STOCK EXCH'GE
Vkek ending acgcst 11
<fc
114 3«
63
S,
•l^
l'i-l.
8
27
27S:Ma>
B8* Mayl2
26"« J'H023
68 J'ne22
99 Feb 2
6
20 153
92 32
14 125
Aug'05 Masonic Temple
May'05 M11& Clue Brew'g
Nov'04
!
no
6 34
33Si
t
Aug
1
J'iie'04
l>ec '04
«
AS
loasiiio
.
100
100
Brick t
Kans City Stock Yds. 100
Knlokerbooker Ice... 100
100
Do prel
May'05 Page
34
Sep
Sep
8
13' 8 ivi) ::
51
Feb 2
46 Si Ant; 9
148SaFob23 150
10 Jan 6 10
Illinois
J'ne'05 People's
9S.
Si
33
Aug
24 Si Jan 10
Mar27 68 Jan 6
Oil's May 17
97 U Mar20
38
105
50
Diamond Match
Ti Si
17
Last Sale 10 s*
1 Si
104
143
Last sale lol^
97 Si 97
6
31
Mai 190
183
Edison
100
PneumatdcTool.lOO
100
hlo Telephone
Last Sale 5\
Si
Jan
Jan
Feb'21 LS8 J'lySl
Jan 19 57 Mar30
98 Sj Jan 17 105S;Mar27
'tuc
'Inc
34>-j
57 Si 58
114 18 114S2
62 Si 62 "a
58
673«
58
116
116
Ws
Si
IHS2IUS1 114^H4Sl
60S,
60^
10b=>4
yv
57
160
46
,
Last Sate
Last Sale
Last Sale
Last Sale
Last Sale
Last Sale
Last Sale
66 Si 5'> 3<
114 114S:
00 S? 00 S?
•iij 1115
155
L25
300 68
J'ly '05
158 ^155 100
45 Si
46
45Sl 4 5 Si
'134
185
135 133
•103 104
•103
104
142
142 142^ 142 Si
58»4 58»4
68
,
Si
1
I>lUcellniieous
Ulis-Chnlmers
100
Do ]iroi
100
Last Salt 6
*6
•8
157Si
..104
•141
•10
4
•6
100
54
'J
-
4
•3.1
•6
*
•105
•52
"10
'lc
in
40
110
54
•
Feb
60
1
•10«
M ny23
21
ioo
prel
J'ly 14
66
WStablo c L LOO
West cine street
I
60 Jan 9
BUSiJan 4
20 Jan 18
50 Si Jan io
1
70
loo
Do prel
J'no'05 Lmer Radiator
S ale S2 4
loo
Salt 133
J'ly '05
Do i>ret
100
•68
53 4 «5.S\,
\nirr Shii»bl(lK
100
La st Salt 105 * Aug'05
100
1)0 prof
.Mav'oi VinrrT.t S Hank. ...100
Last Sale WS
Last Sale 40
J'ly '05 i.>o(h(A)<fc Co
100
Last Sale 110
J'ly*06
100
Do pror
Last Sale 50
J'ly '05 lalAOhic Canal &D100
entralTrnst Hank. .100
Lastsalt 10
Feb'05 looaco Anditoriuin
Last Salt I
J'ne'05 ;inoHrow'g<lsMalt'g
•127^188
L
1,156
l.i
South shu> i:uv
J'ly '05
a si
La si
:>;;
96
i'J
1.
'«
A
L99
7^»
24
S7'4
t
Maiiil
8 1eJ'ne28
J'ly It
loo
Itv
f
28
Motroiiol \V S Klnv.,100
Do
J'ly
J'ly
J'lv'05 Vm-tiiciiic Street.... LOO
Aug'05 Xortliwrstoni Ulev.. 100
J'ly'05
..ioo
no liri'i...
:I
»96
•27
•08
97*g
'ii^'Yi^
a
•89
53
25
4
18
53
4,540
ioo
pre!
46 S k'ansCitv
tiO
•94 Si
27»g
IOO
LOO
lOO
moil Traol
ir
Do
(',;
.'-'
•88
iluo
Jan
ioo
i>rol
..
1
io
1
Last Salt
1271*182
133
J'lv'n;.
•2
hast Ha
• S;>
Si
J*ne'Oo
:t>
L80
LUK
'lucmo Subway
86s
'iSi
1
25
o st
:.
•60
....
•87
•127
S3S-
1
Ha
45S
IOC
'1'iac
oak Park
>v
Do
J'ly '08
•
......
S'S
11^ "Tf%*Ti«i
w»
11
u si
15
63
_
•21 «*
•28
60
m'i
.
66
To
»60
•28
is
I
•24
•24
68
•JO
"i
H
a
s-:'.,
'
-:'4
•63
•
i
Last So
46 S
4.->
1
68*4
;.
44 "«»
8b ij
hu-
>Si
.
...... ......
44
By
'me Consol
...... ..---•
44
City
ihlc
•
.I
I
•'
.
sj). :ei il
divM
l.ooo.ooo
1,000,000
200,000
Hi
lot 30)6
doel.if.:
11
price thii week.
-uriilus to be increased.
17o
1
i'ly
I'ly
I'ly
12
6
8
8
6
6
"if
"iY
I
-A
Began May l, [90
Aug. 10, 1
'05,
2
'06,
1
Aug
J'ly
5.
-j
BOSTON
»
-
->
EXOHANGE-Stock
S TOCK
Share Prices— Not Per Centum Price*
Monday
Saturday
Aug. 6
•86% 87
•10241084
25U
164
250
*lf.;j
a
102%
250
154
256
154
243
242
177
87
102 '<
178
177
307
*307
*2S
75
170
75
170
87
4
•255
154
250
154
255
....
•243
177
178
....
'243
....
243
177
177
177
177
310% 310 >«
294
*
75
171
*125
....
28
'
125
153
178
243
177
174
•307
'
'307
27
•274 28
28
70
170
'
74
•
125
....
255
154
Lasts a It
'307
28
70
170
'
154
89 4
103 4
255
H7
147
*84
*91
146
146
87
84
91
87
146
84
91
J'ly'Oo
J'ly'05
299
145 34
299
146
Aug'05
Last Sale 91
J'ly'05"
Last Sale 2S54 J'ne'i
18
174 174 18
174 174 *174 18
184
19
-174 18
60
614 00
604 60 4 60% 60% 604 604 604
61
60 4
•22 4 234 •224 234 •J 2 4 234 22 4 234 Last Sale 30*4
J'ly '05
202 4 203
202 202
202 203
210
203 "4 210
211
202 202
'"
'
•
54
97
207
98
79
14
203
207
784
-14
16
534
hast Sale 267% May'05
Last Salt '.33
May'05
203 4 '2064
79 4
*
983.
98
•97
.114
79
J'ly'05
J'ly '05
54
98
m
t
,
•22% 24
914
*26
26
142% 142 Hi
143
144»4
91*2
*6
13941394
138 4139
37
374
3%
118
*116
•54
•245
*178
64
1444 1454 143% 1444
1394 139 4 139 4 1394
1384139
37
138% 139
36% 37
102 4 102 34
37%
102% 103% 1O24103
3%
*3%
'117
•22% 22%
26
26
140
37 4 374
103 103 "*
6
*6
138% 139
•139
234 23%
914 92
23% 23 34
91 914
23
23
91
•6
914
224
54
246
178
118
23
117
23
*54
64
246
246
3%
117% 117
23
23
64
117%
23
*
l
248** 249
248
4
1794 179 4179 4 180 180
474 474 474 49
87
874
87% 87% 87% 874
195
195 195
•193 195
195 195
195
14 14 14 14 *14 14 *144 14
1364
138 138
1354 135 4 186 136
*14 8 24 14a 24 *lhe 24 *14e 2 4
179
40% 46 3
87 4
87
.
14
241
*94 10
•10814 108 34
22
22
•26
•3
34
1064 107
77
76
33
33
•12
•240
pref
Chic JnncRyJfc U 8 Y100
Do pref
100
Con& Mont Class 4.. 100
Conn &, Pass Riv pref 100
Connecticut Rivor...l00
Fitchbnrg pref
loo
Ga Ry<fc Electric
100
Do pref
100
Maine Central
100
1I&8S ElectneCes
100
Do pref
100
Mexican Central
loo
N
& Hart.. ..100
Northern N H
100
Norwich <fe Wor pref 100
Old Colony
100
Pere Marquette
100
Do pref
100
Rutland pref
100
Savannah Elec com..l()0
Seattle Electrio
100
Do pref
100
Union Pacific
100
Do pref
100
Vermont &. Mass
100
West End St
50
Do pref
50
Wisconsin Central... 100
Do pref
100
YN H
64
54
54
54
534 54
54
-97
9:)
98
99
98
974
98
7
1314131% 131% 132 4 131%
1324 13338
98 4 994 98 4 99 4 98
98
98
97
98
98
Last Sale 2744 Aug'05
'97
974 97 4 97
98
98
97 4 974
974
974
1134113 4 *
113 4 113 113
113 113 •113
114
2634
253,
24% 24 7
55 4
55 4
Last Sale 147
Apr '05 WoicNash& KocU.,100
93
*l8o%130% 13141311,
98
207
Aug'05
•
•14
54
*97
16
207
974 Last Sale .974
80
79
794
Last Salt 63
16
Last Salt IS
974
97 4
16
54
99
*14
•
206
207
207
»
&.
Do
170
Last Sate S44
87
Maine
pref
ProvidencelOO
27 4 Boston* Wor Elec Co
167
'146
146
147
87
84
91
<fe
Do
Boston
Last Salt 7S74
166
Bnston
46% 474
•12
240
94
12
14
240
10
240
*94
108 34 109
109
22
*25
22
*25
3
26
34
14
241
10
109
22
26
14
241
*94 10
1094 110
*22
264 204
31
3>4
1064107
1064 107
77 4 844
844 90
33
•12
241
34'
34
i.07"
84
34
i5234
1074
87 4
32%
3539 354
354 36 L4 35% 36% 35% 364
103% 103% 103% 103%
K10341034 103 4104
••50
• •50
*60
•18
*98
*83
•94
19
99
86
100
•83
•94
86
100
6
6
6
6
-60
•184 20
984 984
-60
*83
•94
-60
'
184
'
18
'
98% 98%
99
85
100
•83
'94
84
100
234 23%
92
6
234
914
Year (1904)
Highest
Lowest
Sltares
100
100
100
100
100
B«.iten
J'ly'05
170
Last Sale VJ6
Albany
Lowest
77%May20 984 Mar
1,310
134
99 4 Jan 25
87 254 Jan 3
123 153 Aug 8
1 X241
M»y26
202 J! 172 J'ne 2
Jan 6
171
305 Jan 18
9
Jan
Jan
249
175
9 132
4 18934
19 167
18 l604Jan
10 285 Jan 12 299
91 142
Jan 3 148
><
32% S3%
83% 84
•10
11
29
3
29
3
••90
1
18
3m
••62
4
8
•670
184
31V
"75
84
675
234 234
-6
64
334 344
83% 844
10
11
3
I
1
184 184
314 314
*-62
8
670
-75
8%
675
•16 -20
234 234
*6
64
•59
-60
69 % 71
69
70
•14
•76
•112
•24
13
144
78
113 4
2%
13
74 74
24% 244
*43g
44
224 224
94 94
•96
'95
144 144
55% 65 34
24
*14
•28
2'8
14
29
10041004
-254 26
»1
14
103
103
3
•2
3
734
•124
7
24
7»4
126
7>*
84
84
32%
784 78%
32 4
34
•104 11
34
•454 46
4
•12
120
•1%
44
124
120
2
33% 34
844 85
•10
11
54
11
6%
334 344
844 84*4
144 144
2%
•85
2i6 le
-90
18% 18%
314 314
••624 70
84
670
23
•6
•59
68%
8%
23% Amer AgrieiU Chein.lOf
Do
92
pref
25
54 Adventure Con
25
34% Allouez
844
85 Amalgamated CopperlOO
Last Sale 25
Aug'05 Amer Gold Dredging 5
Last Sale 204 Aug'05 Am Zino Lead & Sm. 25
64
844
"24
2% 2%
8524 "9024 •86
90
-90
184
184 184 174 173,
184
31
31
30% 30% 30%
31
•60 -70
Sale
Last
65
Aug'05
*-85
84
670
675
23 4
64
•59
670
8
670
84
S%
670
LastSale 15
25 4
234 t25 4 25
25
'6
64 Last Sale 64
•58
72 34
84
•58
704 72%
144
•58
-58
70
72
•58
144
78
115
*14
*77
694
144
1
103
*2%
14
103
994
*25
•1
103
2%
993,
25 4
14
103
2%
100
-25
•1
103
25 4
14
105
100
100
254 254
1
14
103
105
254
25
10
25
25
J'ly'05 Central Oil
-58
71
78
115 4
100
Arcadian
Arnold
Atlantic
Calumet & Hecla
Aug'05 Catalpa (Silver)
Centennial
25 4
<
9941004
254 254
25
25
25
25
S 50
Bingham Con Min&
Bonanza (Dev Co)... 10
84 BostonConC&G (rcts)iil
13% 144
144
Last Sale 79
J'ly '05
1144115
1144
115
11441154 •1144 1154
2% 34 24 24 -24 2 34 • 24 2% 2%
23,
124 124 12% 12 \ 12
12% 11% 11 3
12
12
7% 7%
7% 7%
74 7%
74 74
74
7%
25 14
24% 24% 24% 24% 24% 254
25
24%
25
4% 4%
4% 4% 44 434
4% 4% *4
4%
21
22
21% 224 22 22
22
224 22 4
23
94 94
9
9
9
9
94
9
9
94
•90 •95
•90 •95
*-90
•95
•90
•90
14
144
14% 144
14
144 •144 144 "l44 "l44
54
65
644 55
64% 54% 644 544 54
544
2% 2% 2% 3
•2% 34
3
*14 14
*14 14
14 14 314 14 '14 ""14
• 27%
27% 28
28
28
28
28 4
28
"99" *99"
14
25%
1
1
103
103
Cons Mercur Gold...
Copper RangeConColOo
Daly- West
20
100
100
Dominion Coal
Do pref
Elm River
,
2
136
J'ne 154
65
22
104
J'ne
Nov
57
88
175
24
Dec
Apr
1
100
J'ly 27
147
Mar28
Dec
J an
804 Jan
234 Nov
Oct
199
1634 Apr
232 Apr
07 Apr
804 Feb
Nov
734 Deo
79 4
55% Apr 18 40 Jan
1004Feb25 87 4 May
137 4 Feb 26 71%Mar
101%Fob20 864 Mar
175
Mar 2 160 Maj
1174Apr28
25% Augll
55 4 Augll
Dec
Nov
Jan 285
-l
3.800
28
Oct
J'ne 142
I:
50 Jan 5
93 4 J an 9
113 Jan 6
96 May 23
172 Jan 18
93 Jan 3
112 Jan 3
21 4 Jan 27
65 4 Augll
146 Mar20
1754D60
174 Oct
303 4 Dec
Apr 162 4 Jan
59 4 Jan 16 80
Jan
86 Jan 4 93 J'ne21
73 Jan
175 Jan 24 1854J'nelO 170 J'ne
13 4 Feb 11 23 .\pr 3
3:
1 1 4 Sep
420 55 4 Febll 7o4Mar30 62«4 Oct
19% May 1 25 4 Mar 1
5 Apr
3,041 195 '4 May23 211 Apr 17 1854M»y
165 Jan 19 167»4 May 25 159 Aug
232 Jan 24 233 May23 222 .la
205 4 Jan 5 212 Apr 2 6 198 J'ne
'J
79 Jan 9 102 Feb 14 74 J'ly
162 77 J'ne27 87 Feb 6 68 Ma:
50 Apr 13 72 Jan 19 29 Aug
15 Jan 18 17 Mar20
515
77
242 4 Nov
Feb
4 J'ly
Nov
116%
974 Deo
173 Nov
89 Jan 93 4 Dec
108 Jan 114 Dec
164 J'ly 17 4 Feli
37 4 J'ly 43 4 Deo
143 Dec 1464Deo
42
95
685
403
25
194 Jan
29 4 Apr 15
93 Mar 13
12
25
Franklin
3
4
May25 18 Jan 11
Apr 24 35 Aug 4
Jan
89% Apr 14
Aug 1 •25 Aug 2
J'ne21 12% Jan 5
10 25%May31 31 4 Apr 12
1
May 2 3 Aug 4
646
735
12,488
8,395
1
18
70
25
8
"
12 4
Apr 244 Dec
Jan 87 Deo
3 4 Feb
6% Nov
17 Feb 274^ep
1224 Feb 1524 Nov
122 4 Jan 141 Nov
1194 Feb 149 4 Nov
9 Feb 24 4 Nov
68 4 Jan 94 34 Deo
3
Nov
4 Sep
1124Jan 122% Deo
71
74 J'ne
4 Jan
19
:,
4
Nov
74 Dec
5
230 Feb 265
al51 J'ne 194
So Dec 44 4
7734 Mai 84 s4
173 J'ne 200
Aug
Nov
Aug
Oct
Nov
2 34 Nov
1 4 Apr
118 Feb 141 Nov
4
Jan
4 Oct
Oct
17
J'ly
Mar 243
64 Jan
9
x99% Mar lid
ivov
8
208
Oct
2n4J'iy
22 Dec
24 4 Oct
2
95
Nov
26
Nov
Jan
5
Feb 113
J'ne
Oct
May 204 Deo
Deo
I034 F'eb 34 Nov
40 4 Jan 99 4 Deo
6% May 33 Deo
51 4 May 954Deo
50 Apr 75 Jan
64J'ne 23 4 Nov
76 Mar 101 Dec
75 a4 J'ne 93 Deo
i904Aug 100 Jan
64
77
Jan 103
Aug
Mai
Feb
•75
Mar
8 Feb
1538 Feb
•25
Feb
•75
(23 3 i6
43
1
7% Nov
Nov
21
82% Dec
1 Mar
14
Oct
29% Nov
3 Nov
20 J'ly
1 4 Nov
7 Feb 224 Nov
19 Mar 38% Nov
39 May 1 S 16N0V
6 Oct
7% Nov
435 Jan TOO Nov
•25
05 Apr
Nov
d 14 4 Feb 1 32% Nov
45 J'nel5
14 Feb 23
12 4May2
lti 34 Maria
28 May 2 2 35% Apr 17
50 May 6 •85 Marl5
5% Jan 26 8 34Muyl9
5,415
20 601 J'ne 7 695 Feb 20
10 Maris 15 Mar
6,624 16%Mar22 26 Jan 4
6 Mar 14
8 4 Jan 16
6% J'ly 10 May
Mai'24 •75 MaylU 20 J'ly •75 Jan
i',050 30
72,214 64 Jan 25 83 MarU 38 F"eb 744 Nov
10% Aug 36 Jan
1,830 114Mar3u 18 4 Feb 15
60 Jan 10 s0% Mar31 40 J'ne 72 Jan
50 113 Jan 10 117 Mar25 103 J'ly 116 Nov
4 Nov
2
1 34 J'ne
May26
34 Jan 13
170
7 J'ne 16 4 Nov
8 Apr 2b 13% Aug 2
1,060
100
1,890
1,015
Jan 4
5
7 4 Aug 5
2% Mar 5i4 8 Nov
20% J'uel
304 Apr 10 20 Oct 34 4 Deo
62
3
Jan
4 Feb 5 Deo
Guanajuato Consol.. 5
4
74 A[>rls
225
6 4 May 354 Nov
Jan 17
Isle Royale (Copper). 25 1,200 174M"y28 28
6 May 2 u 13 4 Mar la d 3 h\b 1 9% Dec
25
515
Mass Consol
Gran by Consolidated. 10 3,035
Greene Consolidated. 10 4,884
:
Mayflower
Michigan
25
25
Mohawk
25
Mont-ana Coal<fc Coke 25
25
Old Colony
25
Old Dominion
25
Osceola
Parrott(Silv& Copp) 10
25
Phoenix Consol
25
Quincy
25
Rhode Island
SantaFe(Goid&Cop) 10
10
Shannon
25
Tamarack
25
recumseh
25
Tennessee
25
Trinity
100
United Copper
100
Do pref
UnitedStiites Mining 25
UuitStatesCoal&Oil 25
4 2%
24 24
*2
2%
2
2
24 2 4
24 24 - 3 10
2%e
7% 8
7% 7%
74 7%
7% 7%
7%
7%
125 128
122 125
126 126
125 125
125
125
6% 7
7
7
7
7
6% 7
7
7
Last Sale 24% JPne'05
84 8%
84 84
84 8%
8% 9
9
8%
32 4 33
32 4 32 3
32% 32% 324 32% 32%
82%
78 4 79
784 784 784 79
77 4 77 4
33% 344 33% 34
334 33% 334 83% 33
334
104 10 4 104 10 4
104 104
104 10^
45 4 45 3e
45 34 45%
45% 45% 454 46
4534
45% Utah Con (Gold)
4
4
4
4
3% 4
4
.4
34
3 4 Victoria
114 12
12
12
124 124 12 4 12 4
113, Winona
11%
119
119
119
1L9
11941194
119 120
119.
120 Wolverine
14 1%
14 14
1% 1%
14
14 Wyandot
1%
3
Mar
Auf
Apr
Feb
AuglO 160
Augll 276
Mar 15 133
J'ly 29
244
.
5
J 80
168
166
295
Miscellaiicotts
Anaconda
3
*60
•60
10
5
894 Nov
Keb 8 £1164 J'ne 127
Mar25 180 J'ne 186
Mining
•54 5%
33% 34%
84
844
Mar
64
1044J'ne28 88 Jan 1044 Nov
Apr 4 239% J'u<- 254 Dec
1584Apr28 j:187 Feb 155 4 Dec
Marie
1854 Mar 14
Apr
810 '4 Aug 8
134Jan 17 35 Mar22
Jan
63
17
89
4
824 Apr 13
231 150 Jan 13 182 MarlO
124
186
Highest
261
100
86 Jan 3
6
Amer Pneu Serv
50
44 Apr 13 7%J'Jy 7
Last Sate ?«4 Aug'05
Do pref
50
20 Jan 1" 30 J'ne22
143 34 144
143% 144% Amer Sugar Retln
100 6,858 1304May23 149 Mar 2
139 4 1394 13934 1393,
Do pref
100
102 132 May2i 140 4 Mar 7
1384 138 a 139
139 Amer Telep & Teleg.100 1,629 137 May 2 8 148 Jan 4
364 374 374 37% Amer Woolen
100 1,488 21 Jan 23 40% Apr 18
102% 103
1024 1024
Do pref
100
760 92% Jan 3 109 Mar31
Last Sale 4%
J'ne'05 Boston Land.
10
34 Maris 4 34 j'ne 9
LastSale 2164 J'ly '06 Cumberl Telep <fe Tel 100
116% J'ly 25 124 Jan 6
23i. Dominion Iren & St..
23
23
23
206 17 Jan 24 24%Marl6
734 Jan 10
Last Sale 64
Aug'05 East Boston Land
5 4 J'ly 5
251
249 250
256 Edison Elec IlUun...lOO i]i44 .r242 J'ly 15 257 Apr 6
4
18
General
Electric
169
180
1834 1834
100
4Mav2 191 Jan 17
117
48% 49% 494
49 4 Mass'chusettsGasCoslOO 9,102 384 Jan 6 49 4 Augll
D» pref
874 874 874
87%
100 3,002 804 Jan lo «84 M»yl2
1934195
1934 1934 Mergenthaler Lino. .100
42 US5 4 J'ne20 206 Apr 29
•14
1
Feb 6
Jan 4
14 I 1
14 Mexican Telephone.. 10
100
1364137
N E Telephone
100
129 184 Feb 17 1404 Apr 2 7
1
•14 24 14«
Feb 2 i
2% Jan 9
97
Ihe PlantCom t'st stk coralOO
12 14
Do pref
11
100
11
32 10 Jan 6 17 Jan lo
24!i
Pullman Co
241 243
247
100
160 230 May 2 3 252 4 Feb 28
LastSale 9 J4
Aug'05 Reece Button-Hole.. 10
8 4 Jan 12 10 '4 Feb 23
109%
100
1094 109 4 Swift <fc Co
105 105 Feb 24 114 Jan
*22
*22
Torrington Class A.. 25
98 18 J'ly 2b 23 Jan 18
•26
•26
Do pref
25
10 25 May23 264 Jan 16
2 4May25
4 Jan 6
34
34
100
34 Union Cop L'd & Mg. 25
United Eruit
100 1,085 103 Apr 29 115 Feb 20
1064106% 107
107
Un Shoe Mach Corp. 25 12,879 57 J'nel5 90 Aug 8
83
82 4 854
85
Do pref
11
334 33 4
793 31 J'ue3u 344 Aug 7
Last Sale 234 J'ly'05 U S Leather
100
11% J'ne 8 144Janl6
100 4 Jan 10 1114J'ne26
LastSale 2.2.24 J'ne'05
Do pref
100
Last Sale 454 J'ly'Oo U S Ruuuw
100
34% Jan 4 484 J'ly 20
Last Sale 200% J'ly'05
Do pref
100
98% Jan 5 117 4 Apr 7
100 18,207 24%May22 38 4 Apr 7
363, U S Steel Corp
35% 35% 35%
Do pref
1034103 34 1034 1044
100 5,872 91 May22 104% Apr is
•40
Last Salt 40
25
Mar30 674 Jaii io
J'ne'05 West End Land
18
West
Telep
&
Teleg.100
18
18
18
14 16 4J'ne20 22 4 Feb 6
99
Do pref
100
98
98
61 97 4 Jan 24 104 Feb b|
84 Mayll 92 Mar 9
LastSale Si 4 Aug'05 Westing El & Mfg.. . 50
LastSale 9V 4 J'ne'05
91 May 2 99 Mar20
Do pref
50
92
lor Previoui
Week
100
pref
&
Bo»t«n Elevated
<fe Lowell
154
243
177
27 4
76
170
AUh
89 14
Range
1905
the
0/
Knilreaus
Top * .Sunta FelOl
De
1034
255 4 Boston
Range for Year
Sales
EXCHANGE
Aug. 11
Weekly and Yearly
——
-
i
STOCKS
BOSTON STOCK
Friday
SK4 894
87 4 88 4
10341034 •103 1034
873.,
102 v., 103
255 256
153 153
....
"28
75
29 4
87'
Thursday
Aug. 10
Wednesday
Aug. 9
Tuesday
Avij. 8
Aug. 7
Record, Daily,
»
»>'
--''
>-'
'
•Before pay't of assess'ts called in 1905. tiBelorepay'tof assess'ts called in 1901.
*
Bid and asked.
<4
J'ly
2
Nov
34 J'ne 114 Dec
57 4 Nov
6 34 Aug
2
J'ly 6
24 Jan
54 JanlO
305
14 Jan lb •50 J'nt 24 Nov
200 75 Muy29
94 Feb 294 Deo
335 234 May 1 29 Aug 1
585 88 Feb 9 103 MaiT4 53 i^eb 98 Nov
30 22 J'nel2 304AprlO 2u 34 F'eb 33 4 Nov
3 Jan 14 ci-50 Aug 1 5 Nov
10 50 J'ne2'2
F'eb 125
Nov
105 95 Mav 4 118 Jan 17
14 May 1 3 4 J'ly 29 •50 May 3 No*
500
l4.M:;y 5
i4J'ne
3 4 Nov
3 Jan 18
705
34 Aug 10 34 ;nov
6% Feb 6 9 Jan 3
1,242
66 101 May 23 140 Marl 4 So May 140 Nov
2 Feb 8
8 Aug 1 •25 J'ne
44 Nov
1.2s5
•^75
720
2,895
70 J'ne27
10 4 Jan 9
48
May
1
14Janl2
15 a4 Maria
50 4 Mar 9
25
84 4 Feb
-4
fell
1,893
5,425
346
7,532
24%J'ne20 35 Jan 19
7% Jan 26 13% ^eb 1"
9 Mario 34 Aug
75 4 Aug 1
21 Jan 25
79 Aug
34 4 Aug
280
670
New stock.
9
14J'nel2
fAaa'tpaid.
34
Nov 434 Deo
18 4 Nov
6 Mar
6
Mai
Mai
18
Jan
8 34
7
4
4 Apr 6 1134 Jan 5
5 1,903 39% Mar 4 464J'ne22
2
May 19 6 J.an 13
655
25
9 4May22 15 4 Feb 21
400
25
155 105 Jan 4 120 Feb 16
25
:!
•45
84 J an
30 Jan
2 4 J'ne
28 34 Deo
12 34 Nov
47 Nov
6% Nov
13% Nor
Nov
Feb t3 Nov
2%Feb21
4Ex-rights. aEx-.di v. Unguis
5
69
50
Feb
Jan 110
S5
Aug.
S
1
9
12 1905.1
Aug 11
FA
FA
96
iDii.1
loin Dit 1st 5s
1910
Iowa Div 1st 4s
1V13
Debenture 5s
1922
Denver Exten 4a
1937
Nebraska Exten 4s
1921
\V
s
4s
A
S
B
1949
Illinois Div 3 4s
Joint bonds See Qt Northern
Ohio J o Ky A St k \Ms 5s 1 1 5
A-0
A-O
M-N
Coll trust relunding k 4sl9 lo
A-O
<S>
W
W
Unstamped
coll tr 4s
J-J
109
M-N
J-D 10SS 109
J-D
A-O
A-O 102
A-O
97VIOO
109
101*8
loo
loir,
J'ne'04
lOSS
1074
Sale
Pricea
— Xot
126
126
108
108S
Union Pac RR A 1 grg4s.l947
1st lien conv 4r
1911
United Fruit conv gen 5s. 1011
U S Steel Corp 10-60 yr 5s. 1003
West End Street Ry 4s. ...1916
Gold4Ss
1914
19 1G
Gold debenture 4s
Gold 4s
1917
Western Teleph A Tel 5s. 1932
Wisconsin Cent 1st gen 4S1949
101S Wisconsin Valley 1st 7s.. 1909
J'ly '05
Apr '05
140
140
Apr'06
101
101S
J'ly '05
98
addition to the purchase prioe for
all
Boston Bonds.
"
No
Per Centum Prices
Aug
Aug
•85
85
"844 854 •85
108S108 , 108 108 •107 103
25
25S 25S 254 25 S 25 4
-24S 26
1
89
89
54 4 54 S
14 4
•53
US
14S 14S
52
63
27 S 27>4
*52S
27S 27S
IIS US
12S 12S
47
46S
3
US US
45
45
16 4 17
1GS 16S
4 100\ 106Slo7'4
66
664
684
4
4
4S
4S 4» la
71S 714 71Sa 71-,
46S 46S 46S 46S
8S 8S
8S 81Se
284 28S 28 4 28S
63 S 53S 53"i 9 53l»i„
M6S 47 •464 474
•464 46 S *45S 464
•60 4 60S
60S 60S
09S1OOS
99S
•l05
65
PHILADELPHIA
Bell Telephone
50
Cambria Iron
60
Central Coal A Coke. 100
Preferred
loo
Consol Trac Pitts
5o
Preferred
5o
Mo Paw A Chem.50
Keyatona Telephone ..60
Preferred
50
Kty.stone WatchCaae.100
Lit Brothen
10
Little Schuylkill
60
,>chuyl
ifc
N
Bas'iueh Iron
A
St.
Steel
lu
Pr>
Tonopab Mining
Luite.l
JJ
14 S
15
63
27
10
or
.
KK&C. loo
A Trans... 26
J
Un,; Paw
United Trac
4
.7
46
Pitt-i
Coal..
Coal
17S
107 S L°"
67-4 68 K
4S 4V.
71S7H 6 l6
46 4
20
53 8 !8
46S
8t»M
29 4
543
16
"46^ 47 4
•45S 464
•60S 61
10uS 100S
27 S
56
•15
14 S
"49"
15
27 S
Philadelphia
53S 54 American Railways.... 50
50
27S 27S Cambria Steel
Eleetric Co of America 10
IIS
•12
13 oen Asphalt tr etfs
100
US US
fc
a
8'
l6
Se
28 4 29 S
53S53ls le
47 S
4GS
47 -j
46 U
61
'46
61
08S loOS
46S
61
61
K-A
M-S
M-N
F-A
98S 98S
PHILADELPHIA
P A E gen
Bands
L ext 7s 1910 A-O
AmRysconvSs 1911. J-iJ
'
49 4 Atl City 1st 6a g '19.M-.N
Balls Ter 1st 5s 1926. J-D
J
-i
S
4
Berj;AEBrwlst6s'21 J-J
Bethle Steel 6s 1998.Q-F
Che A li Can 1st 5s '10 J-J
Choc A Mo 1st 5s 1040 J-J
Ch Ok A Q gen 5s "10 J-J
Ky 1st con 6s 1032
ConTracofNJ 1st 5s. '33
ib*3S LOSS
90
EAA IstM 5s 1920 M-N'
A
Elec
Eq
tr ctt-
Gas-Llstg5s 192
B Toy coil 58 '25
iVo'"
L20"
50
109
Lehigh
Nav 4Sa
101 3 , 102
87
63 S
l
Leh V C 1st Sa g ':;;;.. J
Leh V ext 4s 1st 1948. J
106 4
104
2
14S
J-l
126
6s
J-D
160»4
Gen cons
4s 2003.
Anaoostia
100
Penn
Atl const LrfCI |ctfa6aX
'tis Ol indebt 4s
J
is
4
14
Pen u
Pa A
<c
1919..
Atl
--o
104
7s '06. J-l'
"50"
G
......
Lat 5a '17
People's Tt t r
LioAcolt]
iSJs
<
k»n<S col tr 5a 19.'j
Phil Elec t-..id ;ru.^i
Trust
i u
certifs 4a
I
1 Ei-right*.
Pot 5s
1907 J
L BR4si052M
yr4s 1925
113
85 S
113S
65
64
70
75
90
05
150
1G5
170
439 445
93
06
30
36
99 101
73 4 74 S
4
33S Eeb 50 S Deo
2S Mar 4 4 Nov
55 S Mar 70 Deo
37 S May 43 S Oct
May UOSDeo
5
8 Jan tl9 Nov
19 S Mar 4 IS Deo
38 Mar 46 Deo
28 Mar 42 4 Deo
45S Jan 60 s Deo
81 May 108 Deo
-
Cent'l
i
$7-50 pa uL
1
115
112
%
* lo paid,
i
19
Bid
*20
A ext 5s. '09 J-J
Charl C A
2d 7a
1910 A-O
CityASublst5s..'22J-D
City A Snb(Was)lst5s'48
Coal A I Ry 1st 58 '20 F-A
ColAGrnv lst6s.l916J-J
Consol Gas Gs... 1910 J-D
1939 J-D
6a
GaA Ala lsfrcon 5ag '45J-J
GlaCarAN lat 5s '29 J-J
Georgia P 1st 6a.. .'22 J-J
GaSo A Fla 1st 5s 1045J-J
G-B-S Brew 3-4s 1051M-S
2d income 5a 1951 M-N
Knox v Trac 1st ."»s '28A-I
LakeR El 1st ga5a'42K-S
MetSt(Wash)l8t68'25PA
Mt Ver Cot Duck 1st 5s.
Incomes
Npt NAO P 1st 6a'88
i.a
i-
Un ByA
1
i
paid.
102
'•
•
\v
104
116
117
119
844 81S
00
93
106
115
111
LIB
118
116
I.
1
90S
1 1
2
94
12
'
91
4
118
J-D
115
S
'4
06
62
'4
102
-
,!
-v
LUS
1
i
i
113
115
I
,v-
U5S
G2S 68S
314 3 IS
i
Fundd(
\ c con
Wii
111
112
122 4
115',.
•
I
WesVa&i
1084
1154
HIS U2S
28*29 M-N
;
El]
[noome 4s 1949
Va Mid lsl Ds
8d aerlt
4lh
los
115
I
i
UEl
J'na
Ask
105
97
99
118
116
114 116
104 4 1054
105
107
115
M-N'
\'a (81
121
S
22
BALTLUOKE
2d aeries 6a 1911.
1
1.7
119
Bycon68l032 M
Imp 5a. 1932 m
t^lopald.
10S Oct
L6
101
.
90
lo8S
M-
'06
||
i
116
96
104
117
i
4 Apr 27
Aprl7
A
104
102 4 103
BaltCPaaal8t58'llM
Pnndg 58.1916 .MExchange 3 4-t L930J
Bait A P 1st Gs in I'll A
-29 MBait
NoBall Div:^, 1942 J
i
J'ne
General 5s.. ..1941 M-S
Norfolk St 1st 5s '44. .J-J
North Ceut.4 4s 1925 A-O
J-J
Series A 6s 1926
l-.l
Series B 5s 1920
Un Trac 5a 1997 .J-J
9S Pitt
Poto Val 1st 5s L941..J J
Sav Fla A West 5s •::
seaboard L 4a L960A-I
106S s.-ab .V; Roan 5a 921
Sonth Bound
9
Deo
18 S
545 18 J'jy 7
4 1 *2 Aug 9
47S J'ly 10
63 May 19
J'ne 5 12 5 S Apr 18
Feb 28 28 Jan 17
964 97
96
Con\
!|
12
00
20
15 S
51 Not
May 26S Oct
7S Eeb IIS Deo
54J'ly 14 S Nov
20 Aug 44 4 Nov
43
70
{36
85
J
'I
1114
111
:
i
'Bid and aaked prices; no sales on this day.
A
1st 7...
Ball
189
•
5S J'ne
Chas CityRy 1st 5s '23 J-J
Chas Ry G A El 5s '09 M-S
100
•
Con
Penn Steel
A Ch
Atlau
.
U
N Y Can
57 4 Jan 86 Dec
71 J'ne 100 4 Deo
3
Mar
25 S
llidhest
U04Febl4
Ask
Bonda
L910..Vat
4
269 4
5
C3
M-N
U'29.J-U
RR
1
«;
Lowest
Mar
13
J'ne 5
8
BALT1.1IOUE
[noome 4s 1939..
NoOhlol rac oonoa'lU.J-J
NoPenn Lat 4a '36..M-N
Oonaol "-
Highest
17S Jan 4
30 S Jan 13
45 May20
42 Jan
58 S Mar
125
102 S
100
3
IS
14
M->-
Annuity
VTmc Lat
114-4
lis
109S1HS
lor Previous
Year (1W4)
104Jan25 12SEeb20
W
New Con Gaa 5a 194- J-D
ark Paaa cmi 5a 1930
N Y Ph A N 0l8t 8 '39 J J
107
99
1134
I >
2d 7s 1910
Consol 6s 192 J
Leh
105
-.)
4
Range
10 Jau 9 17SJau27
384J'ne2o 40 Jan 26
112
106
Inactive Stoclca
Ala Cons CoalA Irou.lOo
Pret
100
Atlanta A Charlotte.. 100
Atlau Const Lino
100
Atlan CoastL (Conu)lOO
Canton Co
loo
Georgia Sou A Fla...l00
1st pref
100
2d pref
loo
li-BS Brewing
.l00
Mt Vernon Cot Duckf
103
105 4
01
1191
H Flat price.
Jan 3 54SApr 4
24S May22 28SJ'ly28
117S 117S
M
103
103
'05
1O0S
and asked.
48
Ex Imp M
4s g '47 .A-O
Con
ot '82 4s '37. J-J
Terminal 5« g 1941. y-F
P
A B coltr 4a '21. J -J
Rochester Ry con 5s 1930
iWioh Ry<fc Bcou 5s '51 J-J
U Trac Ind gen 5s'19.J-J
Un Rys Tr clfa 4s'49J AJ
D Trac Pit gen 5s '07 J-J
Welsbach s t 5s 1930. J-D
107S1U4
Daily, Weekly, Yearly
Con
4 h9
'14.Q-J
BRs 4s g
1914. Q-l
GenM44sg.l021.u
las
i'oTs."." 109S
Wlks-BGAEcou5s'55J-J
107
Inihanapolis Ry 4s.
Interstate 4« 1943 .. F-A
25 4
32 4
iuo's
106S
II
A
11
Peo Tr stk
Jan
1191
5s '33.A-0
M7s 1911
J-D
ConM 6s g 1911.... J-D
1105S100S
599S!f97^
102S 102S
105^ 106S
M 5 g '20. A-O
Ph A Read 2d
100
07
104S106 34
107 TgSale 597
1197*1
102 4 J'ly '05
106 34 J'ly'06
102 34 Apr '03
124Apr24
B id
103S103S
1118411138
GenM4sgl920..AAO
Col St
02
PHILADELPHIA
Ask
Rid
1102S 102S
124 34 125S
90S J'ly'O'.
83
99
1
08
101
02 <S 103
10'3 3< Ida'*
10G
100S
130V130% 1130S Aug\;5
109 1114 110
110
Lowest
875
94
1
105S Ang'05
107 Feb '03
1105 S J'ly '05
Range lor Year
1905
1,973
25
101
103S May'05
1044 104"4 104S 104 3
J-J
J-J
J-J
102S
Mai '02
102
J-J
'4
25
1254 Mar'05
103 S Apr'05
99V100
4106
4
70S 1177
J'ly'06
MaylC 90 Apr 13
May25 110 Feb 24
2,075 21S Jan 16 20SJ'ne30
237 83 Mur'23 90 4 J'ly 6
1,000 47*B Jan24 57 J'ly 10
84 8S Philadelphia Electric*. 25 8,620
29 S 29*4 Phila Rapid Transits .. 50 6,067
50 49,134
54S 51 5 is Heading
•47
47 1-j
Do 1st pref
14
50
Do 2dpief
325
50
46 S 46S
Union Tracton
Oo S 61
730
50
50 9,529
98S 99 4 United Gas Imps
"23
25
Welabach Co
100
100
Al Val
7
102
:,
(
Feb 25
100
4S 4S M;arsdenCo
5S Jan 17
72l, a 72 4 Pennsylvania RR
50 27,052 65i3ie May22 73S Marl 3
46S 47 S Philadelp'a Co (Pittsb) 50 6.987 40S Jan 25 48 4Mar27
47
46 4
120 4 Sep '04
102 '4 May'06
118 May'04
102\ J'ly '05
103 34 Apr '05
L06S F«b'06
100 Dec '04
100 Dec '04
105
M-N
M-S
M-N
208
4 10x4
L22S L26*a
07 4 9S4
107
94
08
105
108
S
104
106
76--»4
103
lols
102S
94 J'ly'06
104 4 J'ly'06
it I'm
104'h
11.
IOO'o \
I
1
lllrjh,
100" i'014
108
J'ly'06
104 '4 J'ne'04
1102S Jan '05
F-A
M-S
4,142
2,355
174
1,104
us
71S 72 S
464 464
8 4 8 9 ie
28S 29
53 4 54 3 ie
71S71"i6
46 4 464
4 J'ly '06
101
14 4 31ay24
100 4 J'ly 3
52 4 Jan 9
7,075
3 J'ue 1
4S
4S
101
26
Mar'06
1G«» Nov'IM
75 J'ne'Oi!
102 4 Aug'0-1
974 97 4
B7S
1014 101 J'ly '05
J-J
J-J
13S
12S 12S
•43 4 144
Do preftrctfa
10U
454 •47
Lake Superior Corp
920
17 4 18
100
174
1GS 17 4
914
108 108 L,enigh C & Nav tr ctfs. 50
107S 107S 107S1O8
67
Lehigh
68
Valley
60
48,127
4
G8S
"2
60S
67S
68S
Ask
64
50
60
50
•55S
53^ •52S 534
27S 27S
•52S
100
50
100
100
Do 1st pre!
Do 2d pref
100
66
15S United Ry A Electric. 50
Vorthern Central
•25S 35S seaboard (new)
43
17H> •17
45-4
^h«
•85
LOO
"78"
1
J-D
F-A
J-J
J-J
Bonds and Inactive
Stocks see below)
Shares
Baltimore
Consolidated Gas
loo's
J'nc'Ol
1024
"76"
FA
the
\Veek
107
-25S 26
90
90
US US >13
US US
12S 12S
ferreil
Warwicu Iron A Steel! lo
West Jersey A B«a8n,60
WenUuwreiaud
reiaud
53
S
H..60
iiaveu Iron A Steel.
Northern Central
61
Nortii Pennsylvania.. 50
Pennsylvania Bait
50
Pennsylvania Steel. .100
Prelerre.l
loo
Phlla Co(Pittw) pref.. .60
Phil Uerman A Noma. 50
Phlla Traction
5o
Railways General
10
r
14S
1<
Easlon Con Electric «.5o
Elec Storage Batt
loo
Preferred
100
Geniiaiitowu Pa.->.->
5o
Harrison Bros pre!. ..100
Indianapolis St
loo
Indiana Union Tr
loo
In-urunce Co Ol N A. .10
li.i.-h.ll
56
87
56
14 S
steel.. 10
Preferred
Intai
56
Rid
Inactive Stocks
American Cement
10
Diamond State
*7
56
854
•85
107
'e
I
J-J
J-J
Sales
( For
JfYidav
Aug 11
Aug 10
9
ioivl""
price Friday; latest bid
ACTIVE STOCKS
Thursday
Wednesday
Tuesday
Aug 8
Atondai/
Aug 7
5
12S
'-,
A-O
of
Saturday
94 4
FA
Exchanges— Stack Record,
Low
A,.
08S Ang'06
jj
1
Utah
108
123 4 I'M
A-O
1
102 4
100
107S 109 S
102 >4 103 4
103S 103 S
105S 106
139 140«i
139 1404
101«8
12 98
101
98
Pniladelphia and Baltimore Stock
."•hare
1916
1905
906
1924
Old Colony gold 4s
Oreg Uy A Nav con g 4s.. 1046
192 2
Oreg Sli Line 1st c tls
Repub Valley 1st s f Gs...l919
Rutland 1st con jren 4 4s. 1941
Rutland-Canadian 1st 4s 191
Savannah Elec 1st cons 5s. 952
Seattle Eleo 1st g 5s
L930
Torrington 1st $ 5s
1918
Sine*
January
'-.
98
04
J-J
J-J
or
LOOS J'ly '05
1014 1014 lol
123
MS
Englst7s
1st 6s
108 l4 109 '4
100S Ang'05
Note— Buyer pays aeorued interest In
6s
5s
106S108
90 4 100S
126 4126 4
105^4 Muy'05
139
139
101
Ask Low
101
A-O
A-O
1908 A-O
NY AN
09 S
95 4 96°g
J'ne'05
102 S
S
90
101
98
Last Sale
J-l>
.Mich Telep cons 5h tr ree.1929
MuiiKMIcn Elec con g 6s 1929
1929
New Eug Cot Varn 5s
Now Eug Teleph Gs
1906
1907
6s
'\
1
101S Apr '05
109S Mar'05
102
S
1 1
U'i»
112SJan'03
102 4, Apr '05
103S
105S
1 1
81
100 J'ly 'OP
12G4sMar*05
126 Feb'05
10S Mar'05
109
109
109 S Mar'02
126S
125S
Aug 11
loi
101
M-N
M-S
Rang*
Range
:
1
05 78 J'ly '05
90S 100
A-O
A-O
A-O
1910
deben 5s
t deben 5s. ..1913
1st 7a. .1017
BallaA Sioux
t'liu i Spr 1st 58.. .1990
K .in
Kane 11 > a uult 1st 7s.. 1 90s
K.ni
I'M SoottA M 6a.. ..1998
1934
Kan (' M A B gap 4a
ut cil income 5s
1984
Kan C a m ftyA Br Lat 681920
Kaul'Si JoA O B Lai 7s. .1907
1, ka- i't sin idgr Lat 7a.. .1006
Maine Oeni cons 1st 7s. ..1912
1912
I'. him Lai Is
Week's
tridav
1
129
199
JT'ne'Oo
1074 107S
j-j
Nuii-oonvei
A-O
A-O
\i;im Hough & Ont Lat 6a. 1026 A-O
Mexican Central cons 4s.. 191 J- J
1st cons 111c is
Jan 1939 •I'ly
Jan 1989 j'.'j
2d cons iuc 3s
10-',
Sep '04
May'05
95S 96S
1921 J-J
1921 Q-J
07>J
99 4 90 7,.
100S 1004
100S Deo'02
99S Apr '06
'.
Illinois Steel
1. 1
J'uc'01
105
MS
MS
T1W4
Loas
Ill's JTy'Oe
87 4
B7S
.
ioo's
M-S
M-S
A-O
1933 A-O
1st Gs
81 .Nor C B A Q
Registered 4s
101
J-J
J-J
L09
J'ly '05
100
129
M-N
M-S
i»
St P Dub D is.. L92U
Ch M A St P Wla V div 6sl920
Chic A NoMiehlst gu 5s. 1931
1921
Mich icen 5s
Chic AConcord A Mont cons 4s.. 1920
Conn A Pass R 1st g 4a.. .1943
Current River 1st 5s
1927
1st 4s... 194b
DetGrRapA
1913
Dominion Coal 1st Ga
1906
Eastern 1st goldOs
1915
Fitchburg 4a
1927
4s
Fremt Elk A Mo V 1st 6a. . 1933
Mil
99^
100
109
J-J
10S
94 14
4 J'ly'06
102
89
b7
FA
97*.
107
HU7
fei
Bid
99«a Jan '02
101 Mar*03
112 Si Jan '03
112 4 Dec '04
HIS
w
1
110 Feb '0-1
104 S Apr '00
Feb '04
117
V
99 V
J-I'
94
7S
Price
BOSTON STOCK EXOH'QK
wkkk Ending August 11
High An Low Iliijh.
100S 4 B9\ LOOS
1197
112
102*4.
A-O
M-N
BONDS
January
a^cc
102 4 lO'JSAua'Of,
M-N
J-J
J-J
J-J
Sal*
100
05 s
Be 1*
107 JTy'06
-
t
Sine*
1 as'.
Sale
Sale
MS
i
Range
Ask Low
I
1000
Improvement 4a....
Bout oo Mou 3a issue 7s... 1904
Boston Terminal 1st 3S».1047
lHls
Bur A Mo Hiv es Gs
1918
Non-exempt 6s
DUO
Sinking fuin'. As
191
Butte A Boston 1st 3a
Ceuar Rap A Mo R 1st 7s. L916
L909
Bd 7s
Cent Vemit 1st g4s..Ma\T92o
Chic iiurl <fc y extend 4s. 1905
W**k*S
Sang* or
Price
Bid
100
'.'OS j-j
Am BeU Telephone 4s....
96
48.1920 j-j
Am Telep A Tel coll1sttr7»..
MS
1908
Atch A Nebraska
102
lt*9.>
A-O
«4s..
sr»Kfii
Atch Top*
94
Adjustment fl»....J'ly 1996 Not
Boston Kleot Ll^ht 1st 6a. 1908
M-S
L924
Cousol 6s
1907 J
Boston A Lowell 43
10 14 J-J
Boston A Maine 4 Sis
Cli
<>07
Boston Bond Record.
BON1M
BOSTON STOCE EiCH'OK ii
\\ itK t.MUNo AUOCBT 11
.
S
I
116
95
6a
l'.'l
P
Id 5 ... LB
:
1
l
J-J
J-J
115
110
117
lU'S
THE CHRONICLE.
608
<>a.«
Volume
Business at Stock Exchanges
of
TRANSACTIONS AT TJIK
-\
WEEKLY
DAILY.
YORK STOCK LXCHANGE
K\V
YEARLY
AN.D
Indiana
.Slocks
Aug 11
WU5
liailroad
1'ar value
Shares
State
V S
Bonds
Bonds
dec
Bonds
Securities
Nat 6
III
11.491
572,50]
Monday
Tuesday
676,612
682,811
767,508
1,016,220
Friday
477.011)
382,000
367,000
401,000
January
Week ending Aug 11
Hales at
Heto York Stock
1 to
.100
8
J-D
24
74
Aug 11
1904
1905
1904
1905
Franklin
100
BONDS
Government bonds
1|Gold& stock
1144s, 1905
100
UK. a ud mis. bonds
$2,136,900
16,216,600
$13,000
443,500
14,612,500
8388,900
113,625,250
566,413,000
S483.580
3,801,200
391,895,700
Total bonds.. --
$18,353,500
$15,069,000
$672,422,150
$396,180,480
UN Y&N
J Teieph...lOO
Nortli western Teleg. 50
Pacific
Atlantic
25
1]
&
HSouthern
EXCHANGES
Saturday
Wednesday .
Friday
Philadelphia
Cnlisted
shares
Listed
shares
16,601
46,206
40,850
24,019
27,735
26,691
3,209
13,724
11,693
7,519
5,646
6,520
Bond
$17,000
16,000
30,500
18,500
38.000
20,000
Bond
Unlisted
shares
Listed
shares
sales
sales
$31,855
17,500
90,950
139,200
81,100
93,300
3,717
31,953
23,077
11,643
16,155
20,473
4,372
31,888
33,334
15,241
29,037
60,662
Atlantic 25
100
«7
168
125
93
172
128
80
101
85
105
Companies
Chicago Edison Co See C hicago list
IlKingsCo El L&P Co 100 195 210
Narragau (Prov) El Co 50 (100 104
58
ElL&PowColOO 54
85
90
Preferred
100
25
UnitedElectricof N J 100
43 1949
J-D $74 4 75
NY&y
Ferry Companies
'
N
N
H
M
<s
BB& WE
•
Y&
*
N
H
t
.
,
Price per share.
$3ale price, a
Clamps' Sh
•
4 En
Cruciljle Steel
Ex rights. zEx div
lHew
stock.
1|
Sells
65
71
8
4
3
3
31
33
10
80
''7
lildgloo
100
124
L03
Dominion Securities. ion
i
4
65 4
TlPreterrou
I'll
Cuban us o> 1806
Diamond Match Co.l00| 141
!oppei
10
5
6
*
25
6j
100
ion
Electric Lead Reduc'u.50
Ga & Tonn Copper
10
4
"«
t
Prelerred
5()
Electric Vehicle
1 0(#
Preferred
loo
Electro-Pueum'ic Tran l o
Empire Steel
loo
Preferred
loo
Chemical ..loo
II General
ion
II Preferred
14
21
27
19
24
1
*
h-
>
7
42
35
62
104
5
Gold Hill Copper
1
Greene Con Copper. ..10
Greene Consoi Gold.. .10
65
106
....
I
""«£
4
24\
I
Greene Gold-Silver....lO
Hackensack.MeadowslOU
Hackensack Water Co —
Ref g4s 52 op 12. ..J-J
Hall Signal Co
100
Havana Commercial. 100
35
4' 4
44
5
7
27
$94
86
90
91
12
loo
3I>
Havana Tobacco Co..lOn
25
35
Preferred
Ion
1st g 5s June 1 '22. J-D
Outside
1
7
Preferred
28
7H
NY&
Buyer pays accrued interest.
By LtK<fcRefrig.lO0
Bubber Tire.. 100
Debenture 4s
Cons Storage Battery lOu
Pi
Electric Boat
3
6
Brooklyn Ferry stocklOO
B& NY 1st 6s 1911. J-J 106
$453,905
$140,000 164,534 107,018
47,211
182,102
Total
71
72
E R Ferry stk. 100
93
1st 5s 1922
M-N 92
N Y & Hob con 5s '46. J- D $109 110
Hob Fy 1st 5s 1946 M-X J1104 112
N Y A N J 1st 5s 1946. J-J $106
Securities
NY' <fc So Blykn Ferry&St
99 100
Transp 1st 5s 1906M-N
A Weekly Review of Outside Market will be round on a preceding pa<je.
40
60
10th & 23d Sta Ferry 100
96
1st mort 6s 1919. .J-D $ 95
Railways
eStreet
Street Railways
27
Bid
Bid Ask If Union Ferry stock .100
28
Ask
97
IJLoulav St5sl930..J<fcJ $113
Ulst5sl920
M-N 96
1133s
NEW YORK CITY
Lynrufc Boa 1st 5s *24. J-D $110
112 4
36
New Orl Eys<fc Light.100 30 30>4
BleeckSt&FulFetklOO 34
Railroad
71>g 73
98
Preferred
94
100
Hist mort 4s 1950 ..J-J
115
$88"4 89^ Alb & Susq 40yr 3 4s ct« it
248 248
New 44a
1] By & 7th Ave stk.. 100
North Chic Street See C hicago list
ClUo Peo <fc St L prel.100
fl2dmort 6sl914 ...J-J 104 107
2*4
Exch
list
Serv
115
Pub
Corp
of
118
4
Stock
J100
See
1943
Deposited
Con 6s
stock
SM.
Tr ctf s 2% to 6% perpet 69
4
70
Undeposlted stock
B'waySurf lst58gu 1924 4108 110
109
Coll trust 5s gold notes
HCent'lCrosst'n 8tk..l00 340 360
Prior lien g 4 4s'30M&S 106
**
90
1909 optional.. ..M-N $964 97
96
Con mtg_g 5s 1930.J&J
UlstM 6s 1922 ...M-N $117 121
20
North J ersey St Ry 100
27
25
UCenPkN&ERstk.lOO 206 1 10
Income os 1930
185
1st 4a 1948
M-N $77>» 77»4 IIFort Worth <fc Denver
fiChr't'r& 10th St &tk 100 175
ConaTraoof
71^ 74
J.. .100
81
83
Col&9th Ave 5s See Stock Exch list
City stamped
100
1st 58 1933
J-D $108 4 1094 Northern Securities.. 100 183 1834
Dry D E B & 3—
237
New'k
Pas
$113
.J-D
114
116
Ry
'30J-J
114
5s
4 250
gold
5s
1932..
Stubs
fist
Rapid Tran St By.. 100 255
36
102
flScrip 5s 1914....F-A 100
Pitts Bess & L E
50 t 33
1st 5s 1921
390 100
A-O $109
75
Preferred
60 t 70
1] Eighth Avenue St. ..100
Hob&
24
JC
PatersonlOO
Seaboard Air Line
UScrip 6s 1914 ....FA 103
4s g 1949
101
M-N $76
764
H42d<fcGrStF'ystk..lOO 400 110
Coll tr 5s 1907 op.. .M-S 100
70
So J Gas El & Trac 100 125 127
42dStM <fc StNAv..lOO 60
SeaboardCo. . . . See Ba It Exch list
Gug5s 1953
M-S $102 103 4 Va<fc Southwestern. .100 50
Ulstmort 6s 1910 .M-S 107 109
Hud
85
No
$112
80
Co Ry 6s'14J-J
112d income 6a 1015 J-J
6s 1928
J-J $110
InterboroughRapTr.lOO 218 219
Ext 5s 1924
M-N $105
Lex AT & Pav F 5s See St k Exc list
Industrial and Miscel
Pat City con 6s '31.J-D $124
Metropol Securities See Stk E x list
list
Stk
E
2d
aoo
x
6s...
.1914
opt
A-O
Metropol Street Ky See
Algoma Cop & Smelt
So Side El (Chic) See C liicago list
Ninth Avenue stock. 100 190 200
Alliance Realty
100 126 130
Syracuse Rap Tr 5s 1946 $108
Second Avenue stocklOO 205 210
HAmer Bank Note Co. 50 t 70
Trent P &
114 12
5s 1943J-D $103
105
Ulstmort 5s 1909 M-N §102 103
Amerioan Can com... 100
United Rys of StL
69
F-A $115 116
70
Consoles 1948
Preferred
100
303< 31
Com vot tr ctfs
100
HSixth Avenue stock 100 170 178
American Chicle Co.. 100 127 130
81
97
100
100
814
Sou Bonlev 5s 1945. .J-J $102 106
U Preferred
Preferred
100
Gen 4s 1934....i'eeStk Exch list
So Fer 1st 6s 1919. ..A-O $105 108
Am Ice Securities
See StkE x list
UnitRysSanFrau SeeStk Exch list
Third Avenue See Stock Exoh list
Am Malting 08 19 14. J-D 105 4 106
P & 6s 1928 $106 107 Wash Ry & El Co.... 100 394 39% American Marble
Tarry
100
92 4 93 4
Preferred
100
YkersStRR5sl946A-0 J106
lstconvg5sl914.M-S
4s 1951
J-D
90 8 91
28th &, 29th Sts 1st 6s '96 i 112 4 114
14 l's
American Nickel
lu f
West
Cliicago
St
1
60
IITwenty-Th'd St stk 100 398 416
....
00
U
Amer Press Assoc'n.100 956 1024
101
J-J 100
HCong 5s 1936.. ..M-N
4
Deb 6s 1906
Am Soda Foun com.. 100 57
Union Ry 1st 5s 1942 F-A $110 1124
62
1st preferred
100
7
Westchestlst5s'43J-J $110
113
11
2d preferred
100
American Surety
50 195 200
Gas Securities
Tobacco (new) oom.. 290 310
Am
NEW YORK
BROOKLYN
See Stock Exoh list
Prefd
Cent Union Gas 1st 5s
$108 110
See Stk Exch list
4s and 6s
33
38
Atlan Ave 5s 1909. .A-O $102 103 4 Con Gas (N Y)stk. See St k Exc h list Am Typefo'rs com... 100
99 101
A-O 113 114
Conv deb 6s ctfs jS'esStk Exch list
Con 5s g 1931
Preferred
100
4
Impt 6s See Stock Exo h list
5
IJMutual Gas
100 280 300
Amer Writing Paper. 100
29
5s 1933. .A-O 100
101
29 4
New Amsterdam Gas
Preferred
100
37
Brooklyn City stock. ..10 242 245
1st consoi 5s 1948. .J-J $1114 113
874
J-J
5s 1919
29 4 30
Con 5s See Stock Exch list
N Y & East River Gas—
Arizona Con Mining.. .50
Bkin Crosstu 5s 1908.J-J 101
1st 5s 1944
2
J-J $113
5
114
Baldomero Mining
BknHgtslst5s 1941 A-O 104 105
17 4 22
Consoi 5s 1945
J-J $110
112
HBarney & Sm Car ...100
122
BklnQCo&Sub ice Stk Exch list N
130
Richmond Gas.100 36
4
Preferred
100
1i
314 32
Bklyn Rap Tran See Stk Exch list
Nor Un 1st 5s 1927. M-N $105 108
Bethl'in Steel Corp.. .100
90
91
1|OoneyIs. &Bklyn ..100 310
IJStandard Gas com ..100 130
Preferred
100
150
103
cons
4s
1948.
.J-J
1st
99
100
^Preferred
100 156 170
g
Coll. tr. g. s.f. 6s 1914
148
is'i"
Brk C & N 5s 1939.J-J 113 115
1st 5s 1930
com
M-N 109 112
Company
60
Bliss
GrSt&Newlst5s'06F-A 100
50 130 145
Preferred
Gr'pt .feLorimer St 1st 6s 102
100 405 420
Bond& MtgGuar
OTHER
CITIES
ISO
Elevated
Co.
Kings
Borden's CondMUk.,100 166
1st 4s 1949 See Stock Exch list
100 114
Amer Light* Tract. 100 99 100
Preferred
100
75
7 V.
Nassau Elec pre!
74
Preferred
5 t
100 1044 105 4 British Col Copper
3
A-O 110 113
5s 1944
Bay State Gas
3
he
50
Camden Land
16
135
SeeUX k Exc h list Binghaniton Gas 5s 1938 $98 100
l«-t4sl951
America..
Casualty Co of
N Wb'g<fcFlatlatex44s 101 104 Brooklyn Union Gas deb
100 130 133
OeMuloid Co
14
18
Steiuway 1st 6s 1922.J-J $119 121
6s 1909 conv '07. ..M-S 172
ISO
Cent Fireworks com. 100
68
72
Buftalo City Gas stocklOO
100
Preferred.
6
7
4^4
44
1st
Foundry
100
5s 1947 See Stock Exch list
Central
OTHER CITIES
21
22
Consoi Gas of
100
J
100
Preferred
75
78
Buftalo Street Ry—
1st 5s 1936
JJ $92
96
Deb 6s 1919 op '01M-N
1st consoi 5s 1931. .F-A $1124 114
Consumers' L
See StkE x list
& Pow—
Central Leather
158
164
Deb 6s 1917
A.O $106 107
58 1938
Realty
100
J-D $110
Century
150
Chicago City Ry
See C hicago list
lIDetroit City Gas
95
50
Chesebrougli MfgCo 100 440
10
100
Columbus (O) St Ry..l00 100%
Elizabeth Gas Lt Co. .100 270 325
City Investing Co
1
106
HO
Preferred
100 109
UO Essex & Hudson Gas 100 120 4 128 HClatlin(HB)com 100
96
99
Colum Ry con 5s See Ph Ua list
Fort Wayne 6s 1925. .J-J
100
40
pre!
erred
111st
48
Gas & Ei Bergen Co.. 100
100 100
Crosst'wn lst5s'33.J.D $ 108
58
62
1I2d preferred
Grand Rapids Ry
Grand Rapids Gas100
54 4
Colo Industrial. See Stoc k Ex list
80
65
Preferred
91
111st 5s 1915
100
F-A J101 104
Col & Hook Coal&l pt 100
85
J-J $ 80
Lake St (Chic) El See- C hicago list
Hudson Co Gas
100 109 14 110'j
1st g 5s 1917
W
100
07
Preferred
Electric
Boston
Week eni'ing
<fc
Bin
60
20
*
Doughs
90
127 \
115
80
84
47
53
120
125
Hudson RiverTelepli 100
DAILY TRANSACTIONS AT THE BOSTON AND PHILADELPHIA
11
112
Gaa& E lee 100
5s 1949.. „H-S $105
1i
St Joseph Gas 5s 1937.J-J $ 99
Pas
1IAmerTeleg& Cable 10<
UCentral<fc So Amor, ion
Commer Un Tel (N 5T).25
Emp & Bay State Tel 100
—
1UUH
91
Cong
156,494,892
67,402,176
2,616,354
3,597,143
o locks No. shares
Par vaiue
t332,01 6.260 $251,391,050 $14,532,804,925 $0,264,495,125
$425,300
$530,500
$S,500
$5,000
Bank shares, par..
Aug
106
.
Tclcjrr Jt Tele]>lione
Exchange
State bonds
30
24
A-O $110
111
and Miseel
Compressed Air Co. ..ion
ConsolM car Heating loo
HCona Firew'ks com .lu'.
.
108
llo
86
28
110
96
1iO<& IndCNat<fc
1st 6s 1926
&
1 05
101
40
U Preferred
581938
$16,216,600 $2,136,900
3,597.143 $332,016,250
4
100
Laiay'eGa8l8t6s'24.M->
Log<fcWabVlst68'25.J-U
Madi v n Gas 68 1926.A-0
Pat
Total
04
97
Newark Gas 6s 18
187
Newark Consoi Gae..l0u 90
UCon g5a 1948
S-D $111 '4
HTo Hudson L H & Pow—
$264,000
246,800
$1,495,000
4.098,500
2.884,500
2,299,000
3,005,000
2,434,600
$13,126,050
63,063,450
58,462,100
50,256,850
68,828,800
93,284,500
1
100
Gas
;
i
28
21
50
A-O
Industrial
Ask
Ilia
Gas—
M-N
1st Gs 1908
Indianapolis Gas
1st ts 5s 1952
Jaokxou <t.is 5a g :;
Kansas City Gas
flliRClede
Week ending
[Vol. lxxii.
28
38
81
804
Hecker-JonesJew'l Mill
let 6s 1922
M-S 105 109
1
Herrlng-Hall-MarvinlOO
«s
25
35
let preferred
100
2
5
2d preferred
100
Hoboken Land ife ImplOO 200
M-N $102 4 103 4
U58 1910
2
3
Houston Oil
100
27
24
Preferred
loo
Hudson Realty
Internat'lBanklngColOO
Int'n'l Merc Marine. 100
Preferred
100
Col tr deb 4 41922op'07
International Salt
Istg5sl951
110
160
100
6
International Silver, loo
Preferred
100
1st 6s 1948
Japanese new 44s (w
40
J-D $107
f
100
Madison 6q Garden. .100
2d 6s 1919
M-N
IJManhatt Beach Co. 100
Manhattan Transit
20
115
105
160
404
74*
25
90
94
.*%
114
6^
Construo.pflOO
Mitchell Mining
tS's
15^8
<>fc
103
140
40
74
20
70
Preferred
100
ITLonllard (P) pref ...100
Mack >y Companies ..100
Mex Nat
13 14
30 4
80
30
69
H
47
108
884
$
i).
15
l^anston Monotype
20
Lawyers Mort Insur.100 180
45
IJLeh <fc Wilkesb Coal.50
Lord <fe Taylor
100 10.1
Preferred
itfo""
12->4
30 14
79
25
04
10
13
2 7e
13
3
4
8^
Monongahela R Coal. .50
26
Preferred
50
& Boston Consoi .5
Mont
'18
Mortgage Bond Co... 100 115 117 ^j
100
Mosler Safe Co
100
115
Nat Bank of Cuba
100
list
Exch
Nat Enadt Stamp ,Se«Stk
National Surety
UNew Central doal
100
20
N Y Biscuit 6s 1911. M-S
N Y Mtge<fe Security.lOO
UNew York Dock
IjPreferred
100
loo
N Y Transportation. ..20
120
42
105
177
24
67
8
130
2
3
65
110
46
iSa"
30
84
l\
NorAmLum'r&PulplOO
UOntario Silver
Otis Elevator com
Preferred
Phoenix Mining
100
100
100
60
100
1
t
48
list
44
Pope Manufacturing.100
6
77
21
74
1st preferred
100
2d preferred
100
Pratt <fc Whitn pref.. 100
Realty Assoc (Bklyn)lOO
Royal Bak Powd pref .100
17
100
160
111
63
109
61
Russell <te Erwin
25
Safety Car Heat & Lt 100
Singer Mlg Co
100
280
615
25
120
Standard CouplercomlOO
Preferred
100
Standard Milling Co. 100
Preferred
100
5s
Standard Oil "of N J.. 100
Storage Power
.50
Swift & Co See Boston St
1st 5s 1910-1914. ...J-J
Tennessee Copper
25
UTexasdfc Pacilic Coal 100
1st 6s 1908
A-O
Title Ins Co of N Y..100
Tonapah Min (Nevada). 1
TremonPotteries com 100
Preferred new
100
Trow Directory new.. 100
Union Copper
10
Union Typewr com. .100
1st preferred
100
2d preferred
100
United Copper
100
Preferred
100
U S. Casualty
100
U S Envelope com. ..100
UPrelerred
100
U S Steel CorporationCol trsf 5s '51 opt '11 ..
Col trsf 5s '51 not. opt..
U S 'lit Gu& Indem.100
Universal FireExt'r.100
Universal Tobacco. ..100
100
Preferred
Westchester & Bronx
Title & Mort Guar Co.
Westingh Air Brake.. 50
White Knob Min (wi)..
Preferred (w i)
30.
lc.
Pittsburg Brewing
50 t«26
Preferred
50 \x
Pittsburg Coal See Stock Exch
645
7
8
32
76
620
34
79
625
H
t
k
Exc
$102»4
i
k
•
-•••
85
110
195
14>4
14»4
17
95
19
964
65
50
t
-
304 31
75
$105
188
t
u'ge
14
85
117
114
120
117
31'6
77
200
27
90
324
78
92
1134
1134
$112
2112
125
6
130
7
38
1
5
2
175
168
149
3
4
1
ih
90
7
«
14
Worthing Pump pref .100 118 124
on stock Exchange, but not a very active security
—
..
Aug.
3
..
9.
...
THE CHRONICLE.
12 1905.]
(509
|uucstmcut and Railroad intelligence.
RAILROAD GROSS EARNINGS.
The following table shows the gross earnings of every Stt.am railroad from which regular weekly or monthly returns
can be obtained. The first two columns of figures give the gross earnings for the latest week or month, and the lasl two
columns the earnings for the period from .Inly 1 to and in hiding such latest week or month. We add a supplementary
ement to show the fiscal year totals of those roads whose fiscal year does not begin with July, but covers some oi
r separately on <i subsequent page.
Tlie returns of the' street railways ere brought
period.
:
.
itross Sarniruis
KOADS
Meek
or
.1/oiiCk
Current
Year
iiiiv
i
Latest
to
Pmtoui
Current
)-,ir
Ye.ir
an
Latest dross Barntngs
ROADS
Previous
Year
or
Week
Month
W.
1
230,523
102,391
101,213
W
989,946
ChloS^PM AO. June
33,704
Chlo Terra Tr KB Utwk Aug
Oln N O A T Pao. See Bouthe rn Ry. Sj stein belo
1,928.578 2,038,743
CIClnChA St L. June
Copper Range
Cornwall
Cornwall ALeb..
Denv. & Rio Gr.
Det A Mackinac.
.
May
May
May
lstwk Aug
June
A Ir. 4thwkMaj
DulSoSh AAU.. UhwkJu'y
May
Erie
Detroit Tol.
FrohlldAN'r'e'n June
FannvA Powhat May
Fob Johnat & til. May
Ft W A Denv City May
Georgia RR
Ga South A Fla..
Gr Trunk System
GrTr. West'n
Dettir U A.M..
Great Northern..
«
June
See bouthe
4thwkJu'y
3dwk
3dwk
July
July
July
Montana Cent'l July
Total system. July
GulfAShipIsland 4thwkJu'y
Hocking Valley.. June
July
July
IndLLl & Iowa... June.
Int A Gt North'n lstwk Aui
Jlnteroo (Mex)
4thwkJu'y
lstwk Aug
Iowa Central
Illinois Central..
Illinois Southern
.
.
Kanawha & Midi June
Kan City South' n June
LakeEneAWestn June
Lehigh Val RR.. May
Lexing
A East'n. June
Long Island
Louisiana A Ark.
Loulsv A Nawhv
Macon A Birm..
Mania <& No Kan
Manistique
Maryl'd A Penn..
{Mexican Cent'l
{Mexican I -item.
[Mexican Ry
{MexlcanSouth'i
Mineral Range.
Miuueap A &t L
MSt P A 8 Ht
Mo Kan <& j emMo Pac A Iron Mi
Juno
June
-UhwkJu'y
July
May
Juiy
June
June
June
Wk
J'ly 22
3dwk
3dwk
Jul}
July
lstwk Aue
•UhwkJu'y
lstwk AuV
lstwk Aug
Central Brand; lstwk A.i.
Total
lstwk Aug
Mob Jack Jc K c.
-vi
Guli.fcChio.Dlv
Mobile
178, 631
95.775
98,545
Inc. 24,897
102,77'.i
107.632
68.375.835 63,17 1,1:19
3,388,875 3,251,026
1,007.460
675,134
22,202,901 2o,;.i 1,974
165,400
167,694
67,689,997 65.071.om)
2,159,069 2,01
56,941
66,401
48.306
45, 950
916,018
815.211
1.028,886
881,737
1,541.199 1.470.969
474,300
369,700
5,618,000 5,275.000
866,482
745,651
20.073.526 19,795,680
10,517
14,280
20,724,370 19,297,524
11,797,312 11.425.852
763,557
656,229
489,577
450,126
49,884,110 48,330,833
55,745,273 53,334,633
851.696 11,925,996 11,438.287
172,053
29,632
163,515
.v-
i.
Wk July 22
w.
22.372,311 21,069,953
216,798 284.574 2,834,425 3,069,693
161,312 116,650
554,583
483.380
232.912
1 6,040
14,732
225.035
562,729
44,979
466,453
58,079
89,803
68.422
21,683
6.612
21,121
256.099
222,827
33,359
1,837.800
285.600
1,573,500
368.40O
86,960
990,552
981.313
86,365
29,336 1.335,309 1,392,947
38,520
76,696
254.311
235,761
81,400
4,135.108 3.869.030 41,396,863 41,108.528
36,381
36,019
3,027
2,035
81,257
8,206
9.298
76.736
56.691
647,850
55,325
614,438
205,075 152,566 2,312,340 2.321,575
191,681
158,627 2,481,205 2,418,282
rn Ry. Sy stein beh W.
982,178 948.810 3,063,836 3,013,149
268.550
83,022
77,480
256,762
33,019
30,931
96,448
95,601
3,694,329 3,491,979 3,694,329 3,491.979
200,831
200,831 180,736
130,736
3,395,160 3,672,715 3,895,160 3,672.715
•15,517
40,729
167.565
141,782
527,672 481,852 6,013,213 5,725.481
3,703,148 3,805,184 3,708,148 3,805,184
27,056
29,436
27.056
29,436
1,793,65? 1,615,814
80,400
542,700
486,460
87,400
494,874
461.212
162,368 145,259
267,461
237,809
49,429
44,423
150,875 139,391 1,764,172 1,657,665
536,340 464,874 6,627,752 6.450.320
4,923,617 5,096,211
2,7Si',731 2,514,006 28,288,375 27,086,112
43.317
469,46ft
603.970
44.315
InC
Inc.
650,051
13,750
84-1,535
704,672
60,795
79,001
1.072.55C /c 968.318 3,293,210 2,9/1,238
9,936
10,177
9,836
10,177
376,289
39,959
35,597
396,188
12.378
9,237
9,237
12,378
306,795
323,569
23,376
26,088
26,002,202
2, 245, 310 2,103,665 26,097, 6!.
525,322 572,45ft 6,572,071 6.932, a77
338,600
3S0.800
133.500 103,900
60,528
67,732
20.941
19,568
35,469
12,452
41,274
16,024
303,681
358.717
67,481
56.866
746,5 17
597,747
215.248 1»2,661
318.871 281,609 1,945.602 1,670,006
676.000 07s,00o 4,036.000 3,901.000
10.),000
19. ..000
46,000
35,000
711,000 724.000 4,235.000 4,070,000
14,964
31,624
43,075
10.412
A
AGUltJEC;ATKS
.
•
1
1
Prevwxu
n<
I.
Year
Yeat
cur
)
785,157 802,694
785,45
Nash Ch A8tL.. July
290,357 254.1;.
929,804
[Nat'l RRof Mcx UhwkJu'y
20,301;
20.306
15,328
Nev-Oal-Oregon July
1.751
35,65 3,646
Nevada Central.. June
7,135.298 6,443,618 7,13
Hud fU\ July
N
669,634 570.197 6,416.725
S Y Out A West •May
245,663 249,674 2,485,70"
N Y Susq A West May
2,168,842 1,975,912 24.039.253
Norfolk A West'n June
Northern Centra) June
983,702 892,902 10,405,'.! 14,-151,073 4.074,651 51,701.056
North's Pacific. Juno
182,765
16,981
18.405
Ohio RivA West.. May
623,516 522,226 5,580,120
Pacific Coast Co May
11467759 9.777.559 123834194
ePenn— East PAE June
Inc. 7 75,500
Inc. 3,9 I
eWest P &B... June
1,265,917 1,206,41 14.100.749
PhllaBaltAW'sh June
732,799 65 2,461 7,100,935
May
Phlla A Erie
2,241,342 2,020,949 25,029,370
Pittsb
St l. iuue
4,33t
41,073
4,809
Raleigh & O Fear April
3,550,477 2,956,970 34.001.15
Reading Railway May
3,642.048 3,347.6!) 33,363,715
May
Coal A IrCo
7,192.525 6.304,661 67,367,372
Total Both Cos. May
200,710 187,552 1,426.1 l9
Rich Fr'ksh A P May
523,703
54,457
46,346
Rio Grande Jet.. May
13,337
42,682
10,449
Rio Grande So... 4thwkJu'y
3,025,225
40,289,096
3,498,374
Rook Isl'd Sys.. May
2,491,636
June.....
Rutland RR
126,559
95,201 1,299,031
Juue
St Jos AGrI
St LA San Fran. May
__ 3,022,486 2,642.320 35.319.480
13-i, 979
823,349
St L Southwest .. lstwk Aug 153,168
1,221,594 1,056,860 12,439,408
Seaboard Air L.. May
106,298
106,298 103.125
Southern Ind
July
7,855,289 6,876,218 95,515,170
So PaoitloOoft... June. ...
South Ry System
Southern Ry... 4thwk.Ju'y 1.284.189 1,203,957 3,952,072
699.251
Mobile A Ohio UhwkJu'y 279.910 244,866
372,085
CinNO A Text 3dwk July 130,036 131,332
182,361
63,607
55,443
Ala Great Sou 3dwk July
135,636
135,686 131,892
G* South & Fla July
62,767
21,730
15,535
Texas Central . 4thwkJu'y
133,513
172.668
935,904
Texas A Pacific. lstwk Aug
12,700
11,000
11.000
TexS V
.. July
317.669 346,031 3,766, 649
Tol A Ohio Ceut June
31,393
101,065
34,664
TolP A West .... 4thwkJu'y
386,154
78.332
72,234
lstwk Aug
TolStL
663,038
54,249
58.577
Tor Ham A Butt. June
5,219,759 ,617.368 59,324,947
(Jn Pac System
June
46,691
73,187
Virginia A So Wi> July
73,187
Wabash
lstwk Aug 508,342 508.031 2,509,422
312,869 3,549,538
354,151
West'n Maryland Hay
417,624 406,624 4.364.458
Jersey A Sea'e June......
520,764
Wheel A LE
97,440
81,119
lbtwk Aug
14,922
154,807
14,908
Wm'sportAN.Br. May
Wisconsin Cent.. May
594,899 518,445 6,085,119
12,531
10.968
178,484
Wrightsv A T'n.. May
Yazoo A Miss. V July
497.666
497,666 520,844
Y0&
CCA
1
.
7,396,318
7,667,810
7,591,421
12,0'J
7.601.132
7,936,328
7,911,463
1 1,003,290
6.963,872
7.164.328
7.177,96
10,-51,0-0
7,201,591
AW
.
W
VARIOUS FISCAL YEARS
Allegheny Valley
Atlanta A Cbarl Air Line
Jan.
Mar.
&
Atlantic
Birmingham
Bellefonte Central
01 O. C. A St. Louis
Deo.
Jan.
Jan.
Peoria A Eastern
Jan.
International AtitNorth'n.. Jan.
Interoceanio of Mexico
Jan.
Lake Erie A Western
Jan.
Manistee
North Eastern.. Jan.
Manistique
Jan.
&
Maryland &
Pennsylvania.. Mar.
{Mexican International
{Mexican Railway
{Mexican Southern
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Missouri Pacific
Central Branch
Total
{National RR of Mexico
New York Central
Northern Central
ePennsy., East of P
E
e
West
Pliila
of
P AE
Baltimore
A
&
A Wash
Philadelphia
Erie
Pitts Cin Chic A St Louis
Rio Grande J unction
Texas
A
Pacific
A Seashore
Current
Year
Period
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
Jan.
to
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Deo.
Jan.
Jan.
to
to
to
!<>
to
to
to
to
to
May
May
1
7,-61.915
b.248.621
16,264
17.418
a -40
+ 399.5 11
.•55
7.50
1-435,989
7,471.193
+41
.
2,246
7,065,765
7.:'.;
16 6-21
7, 16-, 5
7,410,11
{Mexican currency,
b Inol
tne Chicago & Ea-nteru Illinois in ooth yean.
Included in 1905 sinoe Jan. 1
:
1
1
5-87
Month
Mouth
Month
Month
Month
Mouth
Month
Month
Month
Atlanta Kuoxvlile
A
119166794
2,100
13,598,549
6,929,481
24,337,130
42,328
31,900,074
32,225,017
64,125.091
1,364,309
539,293
37,434
41,575,874
2,414,451
1,314.220
32,874,707
780,960
11,720,213
103,125
1)2,933,228
3,716,117
598,364
374,442
157,569
131,892
40,003
931,908
12,700
3,593,683
98,406
333,005
657,957
55,279,230
46,691
2,590,198
3,312,685
4.311,158
426,201
153.698
5.921,096
162.270
520,8*4
Previous
Year
June
June
June
June
Aug.
July
June
May
July
June
June
July
July
Aug.
Aug.
Aug.
July
July
June
June
June
June
May
2,893,289 2,756,297
12,538.925 11.618.160
202,610
260,034
June
May
Aug.
6,563,1 13
6, 363, 698
June
1,832,352
1.775.352
rds.) 145,292.493 141,558,473
(124 rds.) 151,475,024 147,33
58,622
(124 rds.) 159,732.959
(124 n Is. 154,804,117 10,909,476
(123 rds.i 146,748,102 186,88
(116 rds.) 127,073,058 119,220,078
(117 rda.) 113,714,506 117.25
9.546
(118 ri Is.) 143,622,857
(115 I'd k.i 136,595,868
(1 % rds.) 11 1,103,256
5 3 rds.) 54,130,005
55 rds.j 50,144,735 46,6
(
+731 020 0-51
+4,136
81
(•21
'.)-5!
+9,858, (62 7-20
980 6'58
3-01
.ill
1
,
1
(
:
641
1
1
\P.O
Inc. or Dec.
Current Year'iPrevious Y'ar
,
9,358, 55
1.390
1
3,177 541
I
7-35
11-09
I
.
j
idea
IIom la both years,
e Oorera lines directly opei
Nortneru include t In both yeura niuce April 1; It had provlou-ily uoeu
itbald.
_
I;
Sept 1904
Oct. 1901
Nov. 1904
Dec. 1904
Jan. 1905
Feb. 1905
18,648
Inc. $32 9,185
$944,116 $876,622
398,727
58s. 109
29,455
29,480
9,099,821
10,231,023
1,306,904 1,523,677
3.361,077 2,891,897
3,700,268 3,731,339
2,277,854 2,325.228
186,174
197,537
45,199
53,973
100,062
111,090
3,242,481 3,561,604
3,501.000 3,454,500
670,544
685, »59
23,123,616 23,456,911
972,250
964,973
24,088,589 24,429,161
7,040,149 6,774,505
46,324,861 42,916,421
4,996.09 1 4,878,494
62, 33-1, 676 56,695,676
Inc. 3,2 81,200
7,069,911 6,572,711
Aug. 1904 (122
Mar. 1805
!•::+ 31
Apr. 1905
0-71 .Month May 1905
1,039 10-M Month Juue 1905
+ 916,110 -79 Mouth July 1905
11,044
10.1
47,488,933
191.305
5,310.991
tlouthly.
J
13,481 7-02
+413,460 5 76
1.268
6,010,110
2.393,279
22,800,991
.
GKOMS EAKN NGS— Weekly and
P.O. MONTHLY SUMMARIES
Inc. or Dec.
+ 432.1
21
6,4 13.618
AN W
OI'
Current Year Previous Tar
802.09 1
875,038
15.323
I
$
week May (42 roadsj.
2d week May (42 roadsj
3d week May (41 roads).
4th week May (46 roads).
1st week June 42 roads).
2d week June (42 roads).
Sd week June (41 roadsj.
4th week June
>;idftj
1st week July
ads).
2d week July 40 ;>
3d week July (41 ro
4th week July (36 roaisj.
1st
Latest Date
Ohio... See Bouthe rn Ry. 8y stem belc w.
West J ersoy
WEEKLY SUMMARIES
to
1
9
Alatit Southern. See Soutln rn Ry. Sy «ten bo'.o
Ala N O it Dexat Pacific,
230,538 173.631
N O & NoEa*t. July
iO-,;;:u
95.775
Ala* Viotab'g July
!'. July
98,545
101,213
Vloksb su
Inc.
61.154
Allegheny Vallej May..
33.532
Sitwlt July
32,008
Ann Arbor
5.S3O.I.02 5.117,467
Atcli Ion A 8 IV lune
290.186 274,176
Atlanta A char. May
55,890
88.079
Atlantic A Bir... 'one
,032.717 1.764,190
Atl Coast Line... June
15.646
15.812
Bait A Ann S L.. Jut e
June
D.768.103 5,381.39a
Bait A Ohio
191.916 156,365
Bangor A Aroosi June
4,653
5.634
Bellefonte Ceut': June
3.609
June
5,914
Saco
K.
Brulirt A
166,039 166,016
Bull Koch A PUt.- lstwk Aug
84,332
104,34e
Butialo ASusq... May
June
149.516 138,130
Cal North w'n
65,800
79,200
Canadian North. lstwk Aug
Canadian PaoltW lstwk Aug 070.000 959,000
259,932 231,951
Ceut'lof UeortfU 4thwkJu'y
2,113,292 1,921.915
Cent'lof N Jersej May
6,662
3.643
Cliattan South' u. ith.vkJu'y
1,840,555 1.737.716
Chesap A Ohio... June
916.328 956,16?
Chio A AltonRy. June
131,806
Chlo Gt Western. lstwk Aug 145,065
153,713 144.027
4thwkJu'y
Culolnd AL'v...
4,240,621 3,866,19ft
Chio Milw A 8t F June
June
5.044,816 4.380,55ft
Ohio A North
Peoria A East' June.
Colorado ASoutli ithwkJu'y
ColNewb A Lau. June
11I »
Cm
Previous
Current
Year
i
.f
j
THE CHRONICLE
610
|
—
—
Latest Gross Earnings by Weeks. In the table which
follows we sum up separately the earnings for the fourth week
The table covers 38 roads and shows 8.79 per
of July.
cent increase in the aggregate over the same week last year.
4th week of July.
Buff Rocli
A
473,800
81,400
$
209,418
108,300
1,368,000
231,951
6,662
180,945
144,027
44,464
116,650
418,500
76,696
982,178
946,810
35,368
45,517
169,100
162,368
65,980
1,072,550
98,194
245,248
617,580
1,180,000
61,000
xl 1,253
279,910
290,357
13,387
177,930
1,284,189
21,730
289,470
34,664
104,011
708,862
140,156
40,729
150,060
145,259
58,900
968,818
81,265
182,661
500,016
1,235,000
54,000
x8,604
244,866
254,154
10,449
213,803
1,203,957
15,535
273,888
31,393
82,940
686,937
124,197
4,788
19,040
17,109
7,080
103,732
16,929
62,587
117,564
248,180
Pittsb
Canadian N orthern
Canadian Pacific
12»i,7<)()
1,500,000
259,932
3,643
215,482
158,713
45,468
161,312
-
Central of Georgia
Chattan Southern
Chicago Great Western
Chiclndianap A Louisville
Chicago Terminal Transit
Colorado A Southern
Denver A Rio Grande
Duluth So Sh & Atlantic
Grand Trunk of Canada
]
Grand Trunk Western
Detroit Grand Hav A MilwJ
Increase. Decrease.
1904.
1905.
8
I
3,0 19
34,537
14,686
1,004
44,662
65,300
4,704
M
Mo Kan & Tex
Mo Pac A Iron Mountain
Central Branch
Mobile Jack A Kansas City..
Mobile A Ohio
Nat RR of Mexico..
Rio Grande Southern
St Louis South Western
Southern Railway
Texas Central
Texas & Pacific
Toledo Peoria & Western
Toledo St Louis & Western. .
Wabash
A Lake
Wheeling
Erie
Total (36 roads)
Net increase (8.79
x
Week
p. c.)
9
543
6,520
Central New England
April 1 to June 30...
June 30
July 1
June 30...
Lehigh & Hudson River
April 1 to June 30
Jan 1 to June 30
July 1 to June 30. ..
Nevada Cal & Ore. .June
July 1 to June 30
1
April
1
Jan
1
July
to
to
48,292
95,285
194,804
56,840 xdef47,525 xdefl 1,238
114,448 xdef70,907 xdef23,368
193,456 xdef86,491 xdefl9,221
42,267
78,429
153.814
2,629
26,312
71,268
106,223
176.045
2,663
26,556
4,698
9,368
18.928
5,353
10,032
19,483
1
to June 30
to June 30
to June 30...
April
1
Jan
1
July
1
to
to
to
June 30...
June 30
June 30...
Roads.
Atlantic A Birm.a
June
55,890
July 1 to June 30...
675,134
Bait A Annap St L.a. June
15,812
July 1 to June 30. ..
167,694
Bocton A Maine b
April 1 to June 30... 9,328,401
8,789,382
i,*Jan 1 to June 30. ..17,269,509 16.409,355
July 1 to June 30.. .36, 213, 245 34,894,607
Bridgeton A Ssco Riv b J'ne
5,914
3,609
55,000
Latest Gross Earnings
Cross
Earnings.
Week
or
Month.
35,873
80,232
6,195
15,582
3,271
21,071
21,925
15,959
93,892
Ry A
2,444,735
4,188,177
9,622,700
480
13,720
236,495
2,209,546
July 1 to June 30...
48,306
45,950
Central of Georgia. a. June
750,956
668,383
July ] to June 30. ..10, 135,052 9,396,931
Central New England b
April 1 to June 30...
194,961
258,630 def29,486
31,948
Jan 1 to June 30...
415,343
456,853 def36,463
58,734
July 1 to June 30...
973,422
847,751
19,789
138,878
Chi Mil & St P. a.. June 4,240,621 3,866,198
1,428,209
1,097,741
July 1 to June 30... 49,884, 1 10 48.330,333 17,590,070 16,453,745
Newberry
A
Laurens, b
June
July 1 to June 30...
Columbia
16,040
232,912
14,732
225,035
1,745
48,666
51,444
138,013
132,382
250,355
254,775
July
464,109
487,112
Manistique.b
July
12,378
9,237
Jan 1 to July 31
53,973
45.199
Mexican Central, v
June 2,245,810 2.103,665
July 1 to June 30...26.097.69S 26,002,202
Milwaukee Gas Light. July
Jan 1 to July 31
Nevada Cal & Ore. a_ June
23.231
20.783
July 1 to June 30. ..
223,371
194,834
64,781
108,532
171,314
7,625
14,143
664,169
8.498,523
63,547
451,827
14,063
104,765
56,476
106,688
200,161
3,461
7,353
490,519
6,382,330
60,751
415,021
10,998
76,169
A Hudson
Lehigh
April
•
Jan
to
1 to
1 to
1
1,021
River, b
Newburg Dutchess A Conn.b
•
-April
1
•
-Jan
1
•
-July
1
to
to
to
June 30. ..
June 30...
June 30...
40,849
77,302
166.731
41,859
80,798
171,412
11,226
21,517
47,186
6,386
11,150
25,554
to June 30...
271,838
to June 30...
511,708
-July
to June 30... 1,054,300
Southern Indiana. b_ .June
107,375
July 1 to June 30... 1,380,954
254,858
476,003
1,010,530
106,840
1,293,580
47,181
604,537
57,690
53,006
110,751
45,514
582,682
23.88S
263,341
59,147
83,110
147,453
42,018
554,764
'
New London Nor.b
•
-April
1
•
-Jan
1
1
•
Va & Southw.b
July
1
to
June
June 30...
70,389
680,422
17,031
195,517
a Net earnings here given are after deducting taxes,
b Net earnings
here given are before deducting taxes,
v These figures are in Mexican
currency, and are convertible into gold at the current rate of exchange.
Interest Charges and Surplus
—
Int., Rentals,
Current
Year.
Roads.
Atlantic
-July
& Birm
•
1
S
June
to June 30. ..
-Bal. of Net E'ngs.
Current
Year.
—
Previous
Year.
9
14,183
120,223
7,228
115,501
2,045,077
1584,696
4,108,587
X139.443
x2.019.859
8,198.843
X589.781
X382.594
&
Maine
to June 30
1 to June 30
July 1 to June 30
Boston
16,204
180,507
etc.—
Previous
Year.
9
11,508
95,300
April
Jan
1
2,049,009
4,099,990
8.161.235
xl.226
xl,452
x6,795
9
29,218
162,471
57,116
26,226
32,788
8,250
26,618
147,019
44,118
24,665
26,523
7,950
433,7181 321,264
54,131
48,823
40,838
53,218|
66,192
61,830
43.694
.
1
to
Current
Year.
I
136,544
859,373
237,915
123,503
37,229:
2,594,253;
latest
date.
Previous
Year.
I
124,235
793,580
181,320
113.603
36~,320
264,937
311.972
406,312
1,852,536
246.372
163,251
384,651
7,868
44,132
22,364
141,682
12,689
19,753
116,108
39,944
68,124
237,375
99,416
2,806,487
382,677
77,852
638,567
214,217
47,435
204,753
94,760
2,496,919
365,725
70,496
594,216
213,838
77,117
44,428)
L'ht
Havana ElecRy Co
Wk
Aug
6.
10,627
48,558
23,941
159,339
14,005
20,697
108,240
40,333
85,499
2/40,410
426,156
370.97S
2*35,478 1/1157,570
1/992,342
160,300
41,325
163.052
72,975
Honolulu Rapid Tr
A Land Co
June
HoughtonCo St Ry! May
HoustonElecSt Ry May
Illinois Trac Co
May
Indianap&East Ry May
Indianap A Martinsv Rapid Trac April
Indianap A Northwestern Traction Jun«
Internat Trac Co
System (Buffalo) April
Jacksonv Elec Co. May
Kan City RyA Lt. June
Lake Sh Elec Ry.. June
Lehigh V Trac Co
Ry Dep._ May
May
Lexington Ry
June
Lima ElRvA Lt Co May
LondonStRv(Can) May
Manila ElecRR&L June
Wayne
April
Nor Ohio Tr ALt Co June
Northern Tex Trac July
Northwestern Elev
Oakland Tr Cons..
Olean St Railway.
Orange Co Trac
Peeks LtgARR Co.
Pittsburgh M'Keesport A Greensb'g
Pottsv Union Trac
27,715
16,4401
43,636
84,614
35,137
72,614
17,556
439,074
83,1561
382,000
75,675
6,67©
82,759
23,184
9,984j
158,023
31,933
Elec Light Dep.
Met West Side Elev July
MilElecRyA Lt Co June
Mil Lt H A Tr Co. June
Montreal Street Ry June
Muncie Hartford A
88,027
felO.993
19,031
Street
Ft
June 30. ..
June 30...
June 30. ..
[Jan.
Current Previous
Year.
Year.
$
Albany & Hudson. June
American R'ys Co. July
Aur Elgin & Chi Ry June
Binghamton Ry
June
Boston A Worcest'r April
Burlingt'n (Vt) Tr June
Cal Gas A Electric June
Cent Penn Trac . June
Chi A Mil Elec. .
June
Chi A Oak ParkcL June
Cin Day A Tol Tr June
Cin Northern Trac June
Citizens'
-Net EarningsCurrent
Previous
Year.
Year.
9
9
30,387
18,736
300,730
210,801
5,487
5,235
63,961
55,387
2,446,702
3,929,011
9,593,505
3,350
15,957
224,005
2,717,088
X7.051
212,917
X29.410
x After allowing for other income received.
—
Previous
Year.
X26.509 xdefl4,469
X34.098
x788
X21.495
X24.439
11,434
8,335
78,453
49,603
X2.079
63,027
x2,163
126,132 xdef59,581 xdef30,250
251,729 xdfll5,259 xdef79,181
63,054
126,697
251,790
(Mucatine. Iowa) June
Net Earnings Monthly to Latest Dates. The table fol- ClevA
SW Tr Co . June
lowing shows the gross and net earnings of STEAM railroads Clev Painsv & E__ June
reported this week. A full detailed statement, including all Detroit United Ry. 4th wk July
Duluth Street Ry. 1st wk Aug
roads from which monthly returns can be obtained, is given East Ohio
Traction May
once a month in these columns, and the latest statement of East St. L A Sub.. June
Elgin
Aur
& Sou.. June
this kind will be found in the issue of July 22 1905.
The
Ft WayneAWab'sh
next will appear in the issue of Aug. 19 1905.
Valley Tract h . June
Current
Year.
$
88,079
1,007,460
15,646
165,400
—
Previous
Year.
$
def6J
7,471
STREET RAILWAYS AND TRACTION COMPANIES.
ending July 29.
——Gross Earn'gs
Bal. of Net E'ngs.
Current
Year.
9
2,807
9,437
New London Northern
7,000
2,649
35,044
36,203
2,938
11,336,264 10,419,854 1,010,302
916,410
Previous
Year.
9
543
6,249
Newb Dutch A Conn-
[
Gulf & Ship Island..
International A Gt Northern.
Interoceanic of Mexico
Iowa Central
Louisville A Nashville
Minn A St Louis
Minn St P A S S
Rentals, etc.
ear.
Roads.
Bridgeton A Saco Riv. June
July 1 to June 30...
Jan
38,762
18,400
138,000
27,981
Int.,
Current
Vol. lxxxi
.
.
.
.
.
.
.
July
May
April
June
June
June
June
June
Rys Co Gen
Roads Light Co's June
Rochester Railwav July
Rockford Beloit A
June
Janesville
St Joseph (Mo) Ry
Lt HeatAPowCo July
San Fran Oakl'd A
June
San Jose Ry
Sao Paulo (Brazil)
Tram L A P Co. Wk July 23
Savannah Elec Co. May
Schuylkill Ry Co.. June
Scrariton Railway. June
1,276,511! 1,209,047
134,2591
115,000
2,256,615' 1,958,954
271,002
326,629)
330,279
29,433
417,091
67,969
312,708
25,009
348,029
59,596
50,876
13,097
32,222
18,867
15,730
70,450
176,045
279,048
55,163
248,200
45,908
11,886
29,579
15,185
14,454
204,093!
72,800:
68,249
59,256
158,320
264,058
41,029
232,610
1,287,400
1,542,457
256,822
1,285,875
1,215458
13,607
80,504
52,281
59,874:
94,264
104,618
124,425' 113,897
10,934
7,876
12,102
11.620
12,904
11,068
425,478
362,454
808,065
567,423
35,856
51,118
56,478
49,108
397,085
311,214
741,751
497,782
28,866
48,803
50.082
17,701
19,956
37,718
2,067
169,272
15,875
18,260
37,435
2,009
139,172
77,904
99,685
167,619
12,306
987,193
68,645
88,368
142,494
11,686
847,330
14,156
12,747
61,137
56,565
71,056
62,367
414,233
377,133
40,781
32,533
257,003
188,506
13,945!
85,163
;
178,229
67.881
159,843
51 ,468
1,531,316
195,511
1,176.487
36,694
33,050
222,286
204,134
50,569
45,481
16,239
445,651'
402,596
82,131
76,598
931,115
208,608 197,848
987,9201
Seattle Electric Co May
946,6961
902,567
July
132,171
108,343
South Side Elev...
454,005
414,291
80,741
72,084
Ry.. June
Syracuse
163,9211
144,557
32,573
34,953
Tampa Electric Co May
212,201
231,329
46,637
51,749
Terre Hte T A L Co May
23,545
24,885
TolBowlGrA So TrjJune
825",856
895,791
163,226 148,635
Toledo Rys A Light! June
105,609
97,906
19.581
21,879
Toledo A Western.! June
,487,412 1,333,227
239,870 211,755
Toronto Railwav. .July
2,442,482
,603,706
Twin Citv Rap Tr. ,4th wk July 137,566 126,512
,762,530 5,249,543
725,343 985,433
Un'd Rvsof St L..iJuly ...
,386,493 3,206,930
555,513 518,995
United of San Fran June
142,162
139,029
19,555
20,453
Wash AlexAMt V. July
224,268
257,424
37,3421
43,471
Youngst'n-Sharon. June
a Figures here are from July 1. d These are results for main line.
h These are the combined earnings of all the constituent companies.
x Decrease due to the fact
k Decrease due to a strike and boycott,
that the Louisiana Purchase Exposition was open last year. ySpanish
RT
I
silver.
"
—
——
—
Aug.
THE CHRONICLE.
12 1905.)
—
The following tabic gives
Street Railway Net Earnings.
and net earnings regross
railway
STREET
of
returns
the
week.
ceived tins
-Gross Earn'gsPrevious
Citrrmi
Year.
Year.
$
$
RocuU.
321.264
433. 7 IS
Cal Gas & Elec. a... Juno
1,852,536
2,594.253
Jan 1 to June 30
-\et Earnings-Current
i'rt vious
Year.
Year.
$
I
77,.">79
113,686
6-'-'. 115
672.940
Honolulu Rapid Transit..
&
Juna
Land.b
Jan 1 to June 30
Kingston Consolidated b
April 1 to June 30...
Jan 1 to June 30
,uly 1 to June 30
Long Id Elec Co.b
April 1 to June 30
Jan 1 to June 30
July 1 to June 30. ..
Manila Elect RR A
June
Light Corp'n
Nor Tex Trac Co. b. .July
Jan 1 to July 31
Peekskill Lt A RR.a.Juno
July 1 to June 30...
Roch A East Rap Ry. b—
April 1 to June 30
July
Rochester Ry.b
—
28,027
160,300
27.715
163.052
58,721
11,610
66.033
31.484
54,201
123,633
31.759
55,225
123.037
13,149
20,287
60.24S
13,542
20.256
60.350
50,013
74,301
101,290
35,921
53,874
127,075
18,919
17,042
47,010
12,359
11,658
38,992
1 1
,287
•
Jan
1 to July 31. ._
City St Ry Co.b—
April 1 to June 30
70.450
59,874
362,454
12,904
119,165
52.281
311,214
11,068
110,740
83,975
26.300
169,166
0.285
50.599
24.730
135,690
5.038
44,429
51,923
169,278
987,193
37,716
139,172
847,330
11.656
84,048
453,719
11.218
70.346
373,856
Rome
5,233
11,187
22,931
June 30
June 30...
St Joseph (Mo) Ry Lt
July
Heat A Power
Jan 1 to July 31...
Toledo A Western .June
Jan 1 to June 30
Utica A Mohawk Val.b
April 1 to June 30...
Jan 1 to June 30
July 1 to June 30. . .
Jan
1
1
July
to
to
967
4,397
8,109
18.817
71,050
414,233
121,879
105,609
62.367
377,133
209,813
382.537
795,032
188.914
338,351
724,937
1,854
4.649
19,581
39,711
185.607
8,973
30,452
164,613
81.078
127.026
274,294
62,528
83.692
232,075
7,631
97.906
—
&
Int., Rentals,
Current
Year.
$
Eiectric. .June
to June 30
Equipment
Locomotives
—
Passenger cars
V49.329
Jan 1
/295,638
Honolulu Rap Transit &
Land
June
4,838
Jan 1 to June 30
24,049
Kingston Consolidated
April 1 to June 30
9,857
Jan 1 to June 30
19,714
July 1 to June 30
47,998
etc.
— —Bal.
Previous
Year.
S
1/48,958
1/287.498
1903-04.
1902-03.
538
490
472
472
249
89
243
86
12,219
443
231
186
80
79
11)01
03.
io,7f.i
11,366
12,748
Freight cars..
30s
471
413
Sendee cars
Operations
1.125,610
1.052,308
1,299.687
ngers carried.. 1,335,179
40.04S.853
41,512,964
45,208,614
Pass, carried 1 mile. 45,389,534
2.035 cts.
2.054 cts.
2.056 cts.
Unto per pass. p.m. 2.058 cts.
4,655,783
4,907,543
5,126,314
Tons ofbit. coal car. 6,234,260
795,307
615,270
671.750
700.259
Tons of coke carried
6,934,359
7,619,349
7,873,900
Tot.tons(allfr't)car. 9,206,732
146.4
145.6
147.8
144.2
Av.dis.haul.l tonm.
Freight (tons) 1 in. 1336062,752 1126.374,754 1146.760,406 1015,032,236
0.505 cts.
0.541 cts.
0.531 cts.
0.510 cts.
Rate per ton per m.
—
Earnings
Passenger
—
1.042,241
7.070,150
25,884
1,038,172
6.446,366
11,983
927.688
6,311,922
10,076
920,256
5.362,553
9,775
8,138,275
7,496,521
7.249,686
6,292,584
2,898,490
1,314,407
676,198
169,718
133,500
97,229
2.516,643
1,134,748
589,412
168,004
102,000
92,389
2,403,311
988,524
632,744
153,011
102,000
42,015
2,121,874
835,267
534,642
140,221
102,000
39.562
5,289,542
2,848.733
4,603.190
2,893,325
4,221.605
3,028,082
8,773,566
2,519.018
P.c.op.exp.to earns.
(65.11)
(61.43)
(58.23)
(69.96)
Other income
22.S05
33,437
48,233
20,662
2,871.538
2,926,762
3.076,315
2,539,680
793.174
485,835
257,540
316,287
19.947
25,000
360,000
540,000
778,030
472,669
222.891
405,000
7,297
25,000
360.000
498,000
724,049
477,698
134,989
908,734
731,472
476,251
96,994
544,000
269
360,000
313,000
360,000
240,000
2,797,783
73,755
2,768,887
157,875
2,918,470
157,845
2,448,976
90,704
Freight
Miscellaneous
—
Total
Expenses
Transportation
Haint. of equipm't.
Maint. of way, Ac.
General
Taxes
Ext'dinary A imp'ts
Total
_
Net earnings
—
Total
Disbu rsem en Is
Int.onb'ds Acartr.
Rentals
Sinking fund
Special approp'tions
Miscellaneous int.. _
Pension fund
divid'd on pref.
Dividend on com. a
Total
Surplus. d
a In 1901-02 4%; 1902-03 4H%; 1903-04 6%: 1904-05 6%.
d In addition to this surplus there was received from investments
and "credited directly to profit and loss account" $120,000 in 1904-05,
$320,000 in 1903-04, $600,000 in 1902-03 and $100,000 in 1901-02.
Interest Charges and Surplus.
Cal Gas
1904-05.
Road oper. June 80.
6%
a Net earnings here given are after deducting tares.
b Net earnings bere given are before deducting taxes.
Roads.
OPERATIONS. EARNINGS AND EXPENSES.
97
def3,199
def573
(ill
of Net E'ngs.—
Current
Previous
Year.
Year.
$
$
64,256
28,621
377,302
234,617
BALANCE SHEET JUNE
Assets—
1905.
Cost of road A equip 30,217,388
Cost of propr'y r'ds 1,040,678
Investments
1,003,671
z6,8S0
x3 1,938
X7.283
x4 1,236
10,115
20,217
47.991
X3.442
x873
X2.600
X3.577
x339
x2,959
1902.
24,638.328
896,766
11,000
845,051
634,278
322,857
28,733,195
924,212
1,003,671
191,142
23,000
844,922
624,710
652,031
26,866,781
924,212
1,003,671
872,256
35,000
728,539
573,731
855,425
478,042
243,680
179,118
202,251
35,449,731
33,677,278
32,038.732
28,279.488
Stock, common
10,500,000
Stock, preferred ... 6,000,000
Bonds
9,999,000
Car trusts
5,127,000
Real estate mtges..
304,000
Int. accr'd, not due
166,091
Pay-rollsAvouchers
737,651
Due to indiv'sAcos.
66,394
LoansAbills payab'e
Miscellaneous
350,342
Profit and loss
2,199,252
9,000,000
6,000,000
9,999,000
4,535,000
304,000
161,454
809,858
40,078
500,000
322.803
2.005.0S5
8,300,000
6,000,000
9,999,000
3.642,000
304,000
154,487
1,220,003
87,742
6,000.000
6,000,000
10,999,000
2,579,000
304,000
146,087
666,424
45,338
210,231
2,121,270
176,289
1,363,349
33,677,278
32,038,732
28,279,488
Cash
Bills receivable
4,542
26.515
30.
1903.
1904.
Materials on hand..
Agents
A conductors
Individuals A cos..
Adva's.fire ins. fund,
pens'nf'd<fc misc.
924,212
1,003,671
73,775
47,000
609,633
531.126
249,492
Advances pending issue of securities
436,715
..
Long Island
•
April
1
Jan
1
July
1
Elect Co
to June 30
to June 30
to June 30...
9,203
18,148
36,466
11,488
76,835
9,197
18,079
36,217
10,209
70,755
X9.982
xdef609
xll,698
14,812
82,331
X3.475
xdef5,868
X3.971
14,521
64,935
[20,024
28,017
192,120
26,811
184,929
Xdef7,321
X58.287
X268.813
X43.910
X191.643
2,702
5,411
10,828
1,737
3,468
6,962
xdef 1,693
xdef3,493
xdef 6, 055
def 1 ,640
def6,667
def7,535
44,476
88,581
177,460
43,516
86,206
167,844
X37.548
X40.293
1100,596
X19.938
xdef646
X68.103
Nor Tex Trac Co... July
Jan 1 to July 31...
Roch A East Rap Ry
April
1
to
June 30...
Ry Co.. July
Rochester
Jan
1
Jan
1
to July 31
Rome City St Ry Co
April 1 to June 30
•
to
to
June 30
June 30
July 1
Utica & Mohawk VaUey
April
1
Jan
1
July
1
to June 30
to June 30
to June 30...
Total
—V.Total
81, p. 558.
35,449,731
Central of Georgia Railway.
(Statement for Fiscal Year Ending June 30 1905)
x After allowing for other income received.
y Also include sinking fund charges.
The results for the fiscal year ending June 30, compared
with previous years, are given below. The full dividends of
5 per cent each on the first, second and third income bonds
shown in 1905 are those declared this week, payable October 1 1905.
ANNUAL REPORTS.
—
•
Annual Reports. The following is an index to all annual
reports of steam railroads, street raliways and miscellaneous
companies which have been published since the last editions
of the "Railway and Industrial'' and "Street Railway"
•
Earnings
Passenger
2,164,658
6,227,550
347,817
656,906
1902-3.
$
2,004,004
6,302,314
360,295
497,857
1901-2.
$
1,795,502
5,322,039
285,029
348.121
9,396.931
9,164,471
7,750,691
1,823,517
1,258,597
3,446,866
671,841/
335,529
322,877
\
1,857,768
1,416,221
3,218,651
330.092
269,817
1,441,129
1,022,316
2,779,033
2*8.501
269,471
7,092.549
5,800,510
1904-5.
—
1903-4.
$
$
2,395,769
6,808,639
459,376
471,271
.10,135,055
Freight
Mail and express
Miscellaneous
Sections.
This index does not include reports in to-day's Chronicle.
Railroads, Etc.
—
Page,
505
504
American Glue
Calumet A Hecla Mining
Cent. Leather (statement to X. Y.
Stock Exchange)
504
Creamery Package Mfg. (balance
Bhect Nov. 30).
506
Globe-Wernlcke Co. (bal. sh.)
558
Gufley Petrol, (bal. sh. Jan. 1)
506
Gulf Reflnin'.' (bal. sh. Jan. 1)
506
Lowell Machine Shop (balance sheet
L r<;
h31)
r
558
-;ar
Refining
(bal.
Mar. 1,
506
Steel dial sh Feb 27)
557
-Uement-I'onU (balance sheet
r)0r
Dec. 3)___
Oceanic Steamship
"Ill" 506
—
Page.
505
Pflster & Vogel Leather (bal. sh.). 558
Pittsburgh Coal (half-year)
556
Saco & Petee Machine Shops (bal.
558
sheet Apr. 29)
Southern Ry
555
Union Oil
557
United Petroleum
557
states Telephone, Ohio
506
United States Steel Corp. (quartc r
and half-year)
504
Warren Bros. Co. (bal. sh. Dec. 31> 556
Railroads, Etc.
Pace Woven Wire Fence..
i
—
"»<*,«
.
.
.
,
Strut
I in lirnyi
—
555
A Light
India Elec. Co.. Kingston. Jam. 505
Kansas City Ry.
W,
Buffalo Rochester & Pittsburgh Railway.
{Report for Fiscal Year Ending June 30 1905.)
The remarks
of President Arthur G. Yates will be given in
next week's "Chronicle."
The figures of earnings, expenses, balance sheet, etc., have
been compiled for four years, as follows:
full in
Total
—
Expenses
Mainten'nce
of way, etc.. 1,607,530
Maint' ce of equipment... 1,744,226
Conducting transport'n... 3,394,369
General
1
Taxes
/
Total
7,417,966
P. c. of op. exp. to earns.. (73.19)
Net earnings
2,717,089
Other income
248,364
Total
2,965,453
Deduct
Interest on funded debt.. 1,672,044
Rentals
366,304
Miscellaneous
72,588
—
Total
Surplus
DiV. on 1st incomes
Div. on 2d incomes
Div. on 3d incomes
for
— V. Balance
81. p. 210.
year
7,187,386
(76.49)
(74.84)
1,950,181
2,209,545
220,661
2,071,922
L92.414
2,430,206
2,264,336
2,151,855
1,666,299
1,663,900
358,868
350.104
48,824
1,663,900
360,104
14,911
..'.73
10,936 2,091,740
854,517
(5(200.000 (6
(6)360,000 (2)140,000
(5)200,000
~2,"l
sur. 104,517
(7<
def. 1,533
2,060.828
201.674
2.02s
'
,
"
5)200,000 (3)120,000
sur.3,508
BUT.2,940
THE CHRONICLE.
(J12
Nashville Chattanooga & St. Louis Ry.
(Statement for the Year ending June 30 1905.)
The following is a comparative statement for four years
past:
1903-04.
$10,206,022
7,581.030
1902-03.
$9,606,370
6,995,604
1901-02.
$7,992,530
5,622,114
$2,560,407
$955,981
218,753
625,878
$2,624,992
$958,271
225,014
625,878
$2,610,760
$972,827
210,646
625,878
$2,370,416
$992,279
204,678
625,878
$759,795
$815,829
$801,415
$547,581
1904-05.
$10,113,057
Gross earnings
Operating expenses.. 7,552,650
Net earnings
Interest
Taxes
Rentals
surplus.
81, p. 265.
Balance,
—V.
National Enameling
&
Stamping Co.
1903-04.
1902-03.
$1,460,267
$1,528,366
$2,244,472
$95,000
394,022
133,435
20,166
$95,000
352,244
142,633
54,434
$134,161
379,290
117,229
94,435
$642,623
$817,644
Net profits
$598,262
Divs. pref stk (7 p. c. per an.)..
(2)4)389,795
Divs. common stock
$644,311
$884,055
$598,262
(4)623,672
$725,115
$1,519,357
$587,762
(4) 617,672
1904-05.
—
Remuneration of officers, Ac...
Repairs and renewals, &c
Interest
Prop'y accts.
and miscellaneous
Total
•
.
$1,205,434
$1,221,934
$988,057
def.$170,413 def.S337,879 sur.$313,923
1,279,707
1,343,630
prior year.
1,005,751
Total dividends...
Balance
Brought forward
Undivided
fr.
$1,005,751
$835,338
profits.
BALANCE SHEET JUNE
—
Asset*
Plant, good will,
24,029,762
etc.
Materials and supplies
3,932.338
Accounts and
bills
794,372
74,042
27,500
532,884
receivable
Paym'ts In adv'ce
Miscellaneous ...
Cash
Total
—V.
1904.
$
1905.
S
29,390.898
Liabilities
BALANCE SHEET MARCH
31 1905.
Liabilities.
Real estate
Cash deposited.
Bills receivable
New building account
Treasury stock
Harris property
$4,987,437 Capital stock (par of
shares $100)
8,004
$5,000,000
3,000 Working capital account.
9,106
Reserve
capital
stock
507
4,172
500 Brosston, Fendig & Co..
225
1,644
15,080
Total
$5,009,838
Total
$5,009,838
The Secretary and Treasurer, under date May
"Our indebtedness was $225 for commission on
1905, says:
real estate sale, which
has since been paid thus leaving the company free of all debts. The
Atlantic & Birmingham Ry. Co. $5,360 preferred and $12,000 common
stock is carried in account at 50 and 20; its present value is 60 and 30.
During the year we have sold to the Atlantic & Birmingham Ry. Co.
sundry lots for a depot, also right of way through certain of our new town
lots for $4,500.
Since the above statement was made the same railroad
companv has purchased from us one and one-half plots for $11,000.
This wifl give us cash assets of about $19,000, and our quick assets will
be increased to about $30,000. We also have sold, since April 1 1905,
three lots on St. Simon's Island for improvement."
Directors Henry E. Howland, Howel H. Barnes, William O. Allison,
Douglass Green, Silas B. Dutcher, Charles Gregory, William H. Burger,
Leroy W. Baldwin and E. C. Stedman. V. 76, p. 1357.
1
—
—
—
National Novelty Corporation
(Balance Sheet.)
This New Jersey corporation filed the following balance
sheet]withjthe Massachusetts authorities on July 25 1905:
Assets
—
Liabilities
—
Capital stock
Real estate, machinery,
equipment, &c.
$2,889,979 Funded debt
154,5121 Floating debt...
Cash & debts receivable.
Manufactures & merch'se
878,360 Surplus
$2,969,100
222,456
618,521
112,774
•
1905.
—
Mortgage debt..
1904.
$
8,546,600
15,591,800
1, 750,000
2,000,000
660,469
000.000
29,167
227.524
585.338
1,147,395
750,000
33,333
305.484
1,005,751
29.390,898
29,380,363
3,990.538 Bills & accounts
payable
i
833,754 Reserve account. 1
interest.
71,582 Accrued
18,567 Div. pay. July 1.
673.666 Balance
Total
$1,593,630
30.
546, 6C0
Pret. stock issued.
33,792,256 Com. stk. issued. 15, 591,800
29,380.363
"Real estate has gone up at least 33 1-3 p. c. over what it was six
There are two applications for a street railway franchise
before the Council.
Providence, R. I., capitalists (the Providence
Cotton Mills Corporation) are contemplating the erection of a large cotton factory, which woula mean an addition of about 2,500 to our population.
Our people feel good over our bright prospects."
(The officers of the company devote the remaining eleven pages of
the report to further details concerning the property and its prospects.)
months ago.
A.&B.RR.stock
(Report for Year ending June 30 1905.)
The results for the year ended June 30 1905 compare with
those for the years 1903-04 and 1902-03 as below:
Gross profits, after charging cost
of materials, wages, salaries,
selling exp., taxes, operating
expenses, bad debts, &c
Deduct
[Vol. lxxxi
Compare V.
.$3,922,851
Total.
$3,922,851
Total
77, p. 403, 454.
GENERAL INVESTMENT NEWS.
81, p. 215.
Brunswick (Ga.) Dock
&
City
RAILROADS, INCLUDING STREET ROADS.
Improvement Co.
Report—Balance Sheet March 31 1905.)
—
—
Mortgage. A mortgage
Atlantic Quebec & Western Ry.
by President Henry E. Howland, Vice- dated June 26 1905 has been filed, having this company as
President Howel H. Barnes and Secretary and Treasurer party of the first part; the New Canadian Co., Limited, of
A. G. Kraetzer Jr., has been sent to the stockholders, with the second part, and James Millington Sing of the city of
maps of the property and a statement of its condition and Liverpool, the Hon. Cecil Marcus Knatchbull Hugessen and
(Official
A
report, signed
outlook, in part as follows:
Of late it has become so plain that the city and its interests have
actually entered upon the epoch of stable expansion anticipated for so
many years that new associates have connected themselves with the
ownership and management of the corporation, and it therefore seems
due that the following detailed report should be made.
Real estate holdings in Brunswick and on St. Simon's Island:
Real Estate in City.
Houses
Old Town
New
18
414 lots
lots
Town lots
Windsor Park
1,083 lots
300
60
lots
lots
Commons lots
Day Tract, about equal to 1 ,320 lots
Urbana lots, 2-5 interest,
equal to
60 lots
St. Simon's Island...
180 lots
lots
On
On
beach, not plotted,
equal to
Neptune Park, equal to. .
Acreage Property,
West bank Back River. 1,128
West bank, J4 interest in
770 acres
385
Turtle River
1,000
Academy Creek
112
acres
acres
acres
acres
Dart Homestead, interest in 162 acres
St. Simon's Island,
On
sundry plots
65 acres
530 acres
160 lots
50 lots
Brosston, Fendig & Co., a leading real estate firm in Brunswick, and
the company's agent, under date of May 19 1905, write: "The holdings
of the company consist of about 1,500 city plots and lots, some of which
are business lots and others residence lots.
Many of these are located
in the very best residence portion of the city and, being 90x180 feet
in dimension, could be divided into four lots of 45x90 each, which is
the size into which they are often cut. The company also owns acreage
property located within the city, much of which is desirable for building
purposes, and which, when subdivided, will make about 1,000 more lots.
"The company owns water front in the heart of the city, which if
improved would bring a handsome return in rents. Near the city and
with deep-water front the company owns one-half interest in a 720-acre
tract of land, with deep-water front of about one mile on Back River;
also about a mile on Terry's Creek.
Immediately south of this tract
the company owns another tract of 128 acres, with a deep-water frontage
of about V% mile on Terry's Creek; immediately south of this tract
another tract of about 1,000 acres, with a deep-water frontage on Back
River of about one mile. These tracts lie on the eastern side of the cHy,
are land-locked, have deep water and are particularly valuable for coaling
purposes or any other purpose where quick dispatch is essential. All are
easily accessible to railroads.
In the western portion of the city the commile of water front immediately across the river
pany owns about
from the terminals of the A. C. L. RR. On East River the company
has probably 1}4 miles of water front, which, although it is not deep
water, can be easily dredged and made available. Immediately south
of the deep water terminals of the Southern Ry. upon Turtle River, it
has over a mile of water front, and immediately north of these terminals
about
of a mile of deep-water front, both tracts valuable.
"In view of the fact that almost all the available water front outside
of the holdings of your company has been taken up; of the great prosperity of the South: of the growing commerce of this port, and of the
prospects which we have before us in this city as a great exporting port
for the grain of the West and the iron of Alabama, it would be hard to
estimate the value of these holdings. With the completion of the
Atlantic & Birmingham RR., which is now in course of construction to
Birmingham, and with its connection there with Western roads, the
commerce of this port should increase at a rate it never has before.
"The company also owns a large number of valuable lots on St. Simon's
Island, a very popular summer resort with a fine beach.
Should you
improve more of your lots by erecting buildings upon them, they could
be easily rented.
%
%
George Elliott, both of London, England ,!of the third part,
bonds of the Atlantic Quebec & Westsecuring an issue of
ern Ry. Co.— V. 81, p. 210.
5%
Bangor
&
Aroostook RR.
—Report. —The
results for the
year ending June 30 were:
Net.
Oth. in. Charges.
lYear. Gross.
1904-5.82,159,072 $782,359 $7,475 $558,835
756,414
1903-4. 2,015,356
560,070
V. 81, p. 263, 154.
—
Bangor
& Northern
(Electric)
RR.
Dividends.
Bal. sur.
(3H%)$54,250 $176,749
(3%) 46,500 149,844
—Successor Company. —
This company has been incorporated under the laws of
Maine, with $150,000 authorized capital stock, as successor
of the Penobscot Central RR., which was bid in at foreclosure sale by the bondholders last November and was recently
&
Electric
The Bangor Railway
re-sold to new interests.
Co., it is said, is not the purchaser. The officers are:
President, John R. Graham; Vice-Pres., Charles F. Woodward; Clerk,
E. C. Rvder; Treas., F. D. Oliver; directors, John R. Graham, C. F.
Woodward. C. D. Stanford, Charles V. Lord and Franklin A. Wilson.
British
Columbia Electric Ry.
—
Capitalization.
—We have
been favored with the following data as of July 27 1905 (compare V. 81, p. 558):
Debenture 414s
Vancouver
Power.
Share Capital.
Deferred
Ordinary.
First
Preferred Perpet.Pref.
Ordinary. 5 p. c. cum. Mortgage.
£300,000 £200,000 £250,000 £220,000
Authorized.... £300.000
Not reported.
115.000
300,000
300,000
Issued
There is also authorized by law, but unissued, 200,000
shares of £1 each, making the total authorized capital
£1,000,000, of which £715,000 is outstanding. The) Vancouver
Power debentures were fully described in V. 77, p. 768;
6o of the first mortgage debentures redeemable each year by
drawings; interest on this issue (V. 75, p. 1030) is payable at
the office of Sperling & Co., London. The officers are:
Chairman, R. M. Home- Payne; Secretary, B. H. Binder;
Managing Director, J. C. H.Buntzen. Compare V. 81, p.
558.
—
—
TwentyBuffalo & Susquehanna RR. Bonds Called.
five of the 1st mortgage 5 p. c. bonds of $1,000 each and
three of $500 have been called, and will be paid at par and
accrued interest on Oct. 1 1905 at the office of Harvey Fisk
& Sons, New York City.— V. 80, p. 710.
Buffalo
&
Susquehanna Ry.
—Application
to
List.
—The
Stock Exchange has been requested to list $2,216,000 additional 1st refunding 4^2% bonds of 1951,
making the total amount $6,521,000.— V. 80, p. 710.
New York
—
A.UO. 12 1905.
— —
THE CHRONICLE.
j
—
First Distribution on Third PrefCentral of Georgia Ry.
The directors on Aug. 7 declared the lull
erence Incomes.
5 p. c. dividend on all three classes of preference incomes,
prefervi/..': $4,000,000 first preference, $7,000,000 second
The fust divience and $4,000,000 third preference bonds
—
dend on the second income bonds was paid Oct. 1 last, and
was 2 p. c. The dividend record of the first preference incomes has been:
.. 1S96. 1897. 1S9S. '99. '00. '01. '02. '03. '01. '05.
8
5
3
5
5
5
1,4
*Vi
Dividends—
On
1st pref.
Report.
M
incomes..
— See page 611 of this issue. — V. 81,
p. 210.
—
*
Chateaugay & Lake Placid Ry.— Modified Lease. The
modified lease of the property, running until Dee. 31 2403, has
been filed with the Secretary of State, providing that the
Delaware & Hudson, as lessee, shall, from the net earnings
of the demised property, pay:
(1) Operating expenses and taxes; (2) bond interest; (3) 4 p. c. on any
advances made bv the D. & II ., either for insufficiency of the earnings to
pay the aforesaid expenses, or for improvements; (4) all necessary or
proper improvements; (5) dividends at rnte of 4 p. c. per annum, payable
semi-annually, on the $2,000,000 new preferred stock; (6) until Jan. 1
190S and thereafter until thi9 provision is modified, any earnings remaining after the aforesaid payments shall be turned over to the C. & L. P.
This provision may be modified at five-year intervals after Jan 1 1908 by
arbitration.— V. 80, p. 1362.
Chesapeake
above.— V.
&
80,
—Guaranty. —See Big Sandy Ry.
Western Ry. — Suit. — Benjamin Wells
Ohio Ry.
p.
2219.
Chicago & North
has brought suit to compel the company to issue to him 70
shares of common stock of Milwaukee Lake Shore & Western in exchange for 7 Milwaukee Lake Shore & Western 5%
V. 81, p. 558, 30.
20-year convertible debentures of 1907.
Chicago Southern Ry. Guaranteed Bond Notes Offered.
King, Hodenpyl & Co., New York and Chicago, are offering at par and interest this steam railroad's two-year 5 p. c.
fold coupon bond notes; authorized issue $4,000,000, dated
uly 1 1905, due July 1 1907, denominations $1,000 and $5 ,000,
The road
interest payable Jan. 1 and July in Philadelphia.
is nearing completion and is to be in operation by Jan. 1 1906,
from the State Line between Illinois and Indiana to a connection with the Chicago Terminal Transfer Co., Chicago, 114
miles, as an extension of the Southern Indiana Ry., which
guarantees these bond notes unconditionally, principal and
The notes are further secured by deposit with the
interest.
trustee of all the capital stock of the Southern Indiana Railway Co. ($11,000,000) and $600,000 of the capital stock of
the Chicago Southern Ry. Co.
The capitalization of the Chicago Southern Ry. is: Com-
—
—
—
mon
stock, $1,500,000; gold coupon bond notes, $4,000,000;
bonded debt, none, and no mortgage can be made prior to
the payment of these notes
Girard Trust Co., Philadelphia,
trustee.
See map on page 419 of our "Railway and Industrial" Section.
A circular says in part:
The road, which is much shorter than any other line between Terre
Haute and Chicago, conforms to the most modern standards; 80 lb.
steel rail is used and all culverts and bridges are built of concrete and
steel: maximum grade is one-half of one per cent.
The demand from
Chicago and the Northwest for Southern Indiana coal necessitated the
construction of the Chicago Southern Railway, and business which the
Southern Indiana Railway will transfer to it— consisting principally of
coal and stone from the famous Bedford quarries
assures its success.
The bond notes are secured by a trust agreement executed by the
two railway companies to the Girard Trust Co. as trustee. Under
this agreement, as collateral for the security and payment of the bonds,
there have been deposited with said trust company, certificates of
capital stock to the extent of $11,000,000 of the Southern Indiana Ry.
Co. and of $600,000 of the $1,500,000 outstanding stock of the
Chicago Southern Ry. Co. These shares of stock have been deposited by John R. T\ alsh under an agreement between himself and the
railway companies; but the shares of the Southern Indiana Ry. Co.
are held as absolute security and the shares of the Chicago Southern Ry.
Co. are held for the purpose of guaranteeing the non-creation by that company of any mortgage or lien antecedently to the payment of the bond
notes in question.
The law of Illinois requires the vote of two-thirds
of the capital stock to create a mortgage lien.
John R. Walsh has
executed a paper in binding legal form, which obliges him to see to the
application of the proceeds of the $4,000,000 of bonds in and about the
payment of construction of said railway, thus releasing it from a possibility of mechanics' liens.
—
<>i:?
—
—
Dayton & Muncie Traction Co. New President. Fred. J.
Ach has been chosen President to succeed the late Dr. .1. E.
Lowes.
—
—
Delaware & Hudson Co. Modification of Lease. See
Chateaugay & Lake Placid Ry. above. V. 80, p. 2343.
Denison & Sherman (Electric) Ry. Increase of Capital
The shareholders will vote Sept. 18 on increasing
Stock.
the capital stock from $200,000 to $300,000.— V. 76, p. 1192.
Application to List. The New York
Detroit United Ry.
Stock Exchange has been requested to list $7,392,000 additional 1st consolidated 414% bonds of 1932, making the total
amount $10,842,000.— V. 80, p. 2620.
Duluth South Shore & Atlantic Ry. Report. The results
for the fiscal year ending June 30 were:
—
—
—
—
—
—V.
Net.
Oth. Inc. Int.&taxes.
$854,231
775,156
$15,650 $1,076,434
11,484 1,070,091
Oross.
Year.
1904-5
1903-4
$2,706,836
2,524,612
—
79, p. 1023.
Balance.
df.
df.
$206,552
283,451
—
—
Duluth Virginia & Rainy Lake Ry. Change in Control.
See Virginia & Rainy Lake Co. under "Industrials'! below
and V. 81, p. 558.
—
—
Gainesville & Gulf RR.
Control of the road has
Sold.
been sold to new interests, represented by F. M. Simonton of
Tampa, Fla., and A. P. Stucky and B. W. Blunt of Ocala,
The following officers have been elected:
Fla.
President; S. F. Parrott; Macon, Ga.; 1st Vice-President, A. P. Stuckey;
W. Blunt; Treasurer, H. E. Taylor, Gainesville,
Ga.; Superintendent, L. E. Barker; Auditor, W. S. Banks.
2nd Vice-President, B.
An
extension to
Tampa,
p. 783.
filed
reported,
is
—
proposed.
— V 73,
—
Pacific Ry.
Mortgages. The following
with the Secretary of State of Canada:
Grand Trunk
have been
it is
(a) Mortgage dated June 10 1905 to the Royal Trust Co., trustee,
His "Majesty the King, acting in respect of the Dominion of Canada, being
guarantor," securing 3 p. c. first mortgage sterling bonds, due 1902, to
the extent of £14,000,000, issued and to be issued thereunder pursuant to
chapters 71 and 122, Statutes of Canada 1903, and chapters 24 and 80,
Statutes of Canada 1904. (See V. 80, p. 996, 1234, 1363; V. 81, p. 507)
(6) Mortgage dated March 15 1905, made to the National Trust Co.,
Limited, trustee, the Grand Trunk Railway Co. of Canada being guarantors, securing 4 p. c. mortgage sterling bonds, due 1955, to the extent of
£4,150,000, issued and to be issued thereunder pursuant to chapters 71
and 122, Statutes of Canada 1903, and chapters 24 and SO, Statutes of
Canada 1904. (See V. 80, p. 996.)
(c) Mortgage dated March 15 1905, to the National Trust Co., Limited,
trustee, The Grand Trunk Railway Co. of Canada being guarantors,
securing Lake Superior Branch 4 p. c. first mortgage sterling bonds, due
1955, to the extent of £1 ,550,000, issued and to be issued thereunder pursuant to chapter 122, Statutes of Canada 1903, and chapter 80, Statutes of
Canada 1904. (See V. 80, p. 996.)— V. 81, p. 507.
—Sale. —The
(Conn.) Street Ry.
meet Sept. 6 "for the purpose
Hartford
shareholders
of acting upon a proposition to sell the contracts, property, rights, powers, privileges and franchises of this corporation to the Consolidated
Ry. Company and distribute the net proceeds of said sale
among the stockholders of this company." The Connecticut Legislature recently granted authority to the Hartford Street Railway Co. to increase its capital stock from
$2,000,000 to $5,000,000 and to the subsidiary East Hartford & Glastonbury Street Ry. Co., to increase its capital
stock to $1,000,000.— V. 80, p. 1479.
will
—
Hlinois Tunnel Co.
Physical connection made with all the
Steam Roads entering Chicago. The company, it is announced, completed on Aug. 1 underground connection
with the freight houses and yards of all the steam roads
entering Chicago.
"The company is now handling about
7,000 tons of freight daily, and its engineers estimate that
the completion of the connections with the steam railways
means immediately a doubling of that haulage." V. 80,
p. 600.
—
—
La Fayette Ry., Alabama. Being Torn
La Fayette, Ala.,
mile road extending from
being torn up.
—
Up. — This
22-
to Opelika, is
—
—
Lake Shore & Michigan Southern Ry. Listed. The New
York Stock Exchange has listed $7,500,000 additional 4 p. c.
25-year debenture bonds of 1928, and has authorized the listThe Southern Indiana Railway Co. for the year ending June ing of an additional $2,500,000 when sold and delivered.
30 1904 reported surplus over fixed charges of $307,435.
The These bonds, the remainder of $50,000,000, were issued for
report for the year ending June 30 1905 is not yet completed,
but shows increase in gross earnings of $887,374 and in net
earnings of $27,919.
(See Southern Indiana Ry. V. 79, p.
1327; V. 80, p. 1480).— V. 79, p. 1331.
Cleveland Cincinnati Chicago & St. Louis Ry. Listed.
The New York Stock Exchange has listed $1,000,000 addi-
—
mortgage 4 p.
$20,749,000.— V. 81,
bonds
tional general
c.
listed
p! 558, 264.
of 1993,
—
making the
total
—
Cleveland Short Line Ry. New Enterprise. Arrangements are being completed for the construction of an elevated
double-track electric belt line to encircle the city of Cleveland,
connecting with the various steam roads entering that city.
Entrance to the city ,it is stated, will be had over the right
of way of the New" York Chicago & St. Louis from Rocky
River to Wickliffc, with a downtown passenger station at
Ontario St. The company was incorporated Nov. 24 1902
with nominal capital stock ($10,000, Mine increased to $250,000.1 and it is said»will make a bond issue of probably -5 10,000.000.
M. H. Hanna, a brother of the late Banna,
W ft. Hopkins and J. G. W. Cowlee are promoting the enterprise.
—
Consolidated Ry., Connecticut.
To Purchase Outright.
See Hartford St. Ry. below.
V. 81, p. 210, 155.
—
—
"corporate purposes."
V. 81, p. 559.
Louisville & Nashville RR.
Thirty-nine
Called Bonds.
($39,000) Henderson Bridge Co. first mortgage bonds called
for payment will be redeemed by the Central Trust Co. of New
York on Sept. 1 at 105.— V. 81, p. 265, 211.
Marion -Bucyrus Electric Ry. Mortgage. A mortgage
was recently made to the Cleveland Trust Co. securing an
issue of $250,000 bonds to provide for the construction and
equipment of the company's proposed line from Marion to
Bucyrus via Caledonia.
President. Ellis Bartholomew.
Missouri Kansas & Texas Ry. Bonds Offered. H. W.
Poor & Co., New York and Boston, are offering at 89)4 Hll<1
interest $3,000,000 first and refunding mortj
p. 0. gold
bonds, due Sept. 1 2004; authorized issue $40,000,000, of
which $1,484,000 are already issued. The $3,000,000 DOW
offered are being issued for the acquisition of additional real
iteand rolling stock, the balance of the authorized amount
to be used as follows: $12,037,000 to refund ou1 anding bonds
and $23,479,000 for future issue for railroad- a1 the rate of
$25,000 per mile and for terminals or rolling Btock aa ac- payquired or Constructed.
Both principal and ii.
ling in
able in gold dollars in New York, or in pou
London, or in mark- in Berlin or in francs in Paris. Do-
—
—
—
—
—
I
THE CHRONICLE.
614
[Vol. lxxxi.
or, at option of holder, £205 15s. 2d., or tions for this company's $7,500,000 stock and $5,500,000
marks 4,200 D. R .W., or francs 5,180.
5 p. c. first mortgage bonds of S500 each.
See page 2573 of
The $4,484,000 bonds issued and now being issued were "Street Railway Section."—V. 80, p. 1969.
certified for the following purposes, as stated by Chairman
Savannah & Statesboro RR.— Guaranty. The first mortHenry C. Rouse under date of Aug. 1 1905:
gage gold 5s of 1953 are endorsed with the following:
(1) To refund, retire and cancel $337,000 Missouri Kansas &
For value received, the Seaboard Air Line hereby guarantees the prompt
nomination $1,000,
—
first extension 5s, which
lias been done and
the mortgage extinguished
To acquire terminals at Kansas City on which the bonds
are a first mortgage
For shops and terminals at Parsons, Kansas, and Sedalia,
Mo., on which the bonds are a first mortgage
To pay for additional land for machine shops, with buildings thereon, at Parsons, Kansas, on which these
inn (Is are to be a first mortgage
For the purchase of equipment, on which these bonds
are to be a first mortgage
Oklahoma
(2)
(3)
(4)
$421,000
750,000
— V.
Shreveport Bridge & Terminal Co. Guaranty. See St.
Louis Southwestern Ry above.
V. 76, p. 266.
Southern Indiana Ry. Guaranteed Bonds Offered. See
Chicago Southern Ry. above.— V. 80, p. 2221.
Texas Central RR. Report. The results for the year
ending June 30 were:
2,500,000
Property Pledged as Additional Existing Security for said Bonds:
(1) All rolling stock in schedule "A" of the mortgage (free).. 2,500,000
(2; Rolling stock and equipment as per schedule "B" of the
3,000,000
mortgage already paid for (free)
(3) Rolling stock and equipment as per schedule "B" subject to car trust notes (amounting to $4,591 ,536)
which are to be liquidated out of earnings as follows:
1906-07,
$1,032,205;
1905-06,
$1,134,005;
year
1907-08, $953,634; 1908-09, $706,712; 1909-10, $590,864; 1910-11, $174,116.
"The result of which will be that in five years from this time an underlying security of over $10,000,000 of rolling stock will secure $4,484,000
of these bonds, in addition to the security that will have been created
in the meantime through the acquisition of new railroad properties,
terminals and additional equipment purchased with the proceeds of this
last issue of $3,000,000 bonds."
The gross earnings for the year 1904-05 were $20,041,095,
contrasting with $17,766,595 in 1903-04.— V. 81, p. 265.
New Orleans Railway & Light Co. New Mortgage.
This reorganized company has made its new general mortgage to the New York Trust Co., as trustee, securing not to
exceed $30,000,000 of 414 per cent gold bonds, dated July 1
The bonds are due July 1 1935, but are subject to
1905.
call at option of company on Jan. 1 or July 1 at 105 and intOf the
erest, upon four week's notice after drawing by lot.
authorized issue, $12,814,000 is reserved for the purpose "of
acquiring at par a like amount of bonds of the constituent
companies" and $2,186,000 is held to acquire additional
amounts of the outstanding stocks of the constituent companies, or any additional bonds or stocks which may be
issued by any of those companies for improvements or exThe remaining $15,000,000 bonds are issuable
tensions.
forthwith.
Bonds Called. New Orleans City & Lake RR. consol. 1st M.
5s due Jan. 1 1943 to the amount of $23,500 have been
called for payment at 110 and interest at the Columbia
Finance & Trust Co., Louisville, Ky., on Mar. 1 1906.
V. 81, p. 508.
—
—
—
—
Northern Pacific Ry. James N. Hill Elected Vice-PresiJames N. Hill (son of J. J. Hill, President of the
Great Northern Ry.,) was recently elected a director and
has now been made Vice-President of the company. V. 80,
dent.
—
—
p. 2220.
—
Northern Ry. of Costa Rica.— In Possession. All points
arising out of the agreement with the company having been
settled, the Costa Rica Ry. has been handed over to this company as from 1st July.— V. 80, p. 223.
Penobscot Central (Electric) RR. Successor Company.
See Bangor & Northern RR. above.— V. 79, p. 2086.
Petaluma & Santa Rosa (Electric) Ry., California.
Status.
This company, which owns a trolley line 30 miles in
length, extending from Petaluma to Sebastapol, and thence
to Santa Rosa, Cal., with a steamer connection between
Petaluma and Pier No. 5, San Francisco, has recently filed a
second mortgage, making its capitalization as follows:
—
—
—
—
Stock and Bonds
—
Par. Date.
100
(common)
Stock
M., $1,000,000,
sinking fund
1st
Outstand'g. Interest.
Maturity.
$1,000,000
gold,
1,000 1904
632,000
5M-S Mar. 1 ,1924
Subject to call at company's option at 110
1,000 1905
160,000
6
2nd M., $250,000, gold
The interest on the first mortgage is payable at the Mercantile Trust Co. of San Francisco (the mortgage trustee)
and at the United States Mortgage & Trust Co., New York.
The unissued first mortgage 5s ($368,000) are reserved for
extensions at not exceeding $17,500 per mile and 75 p. c. of
Present road
cost.
is
laid
with 70-lb.
President, John A. McNear; Vice-President,
Thos. Archer: Treasurer, B. Corbet.
E. H. Rollins
T
rail.
W.
Officers:
F. Kelley; Secretary,
—
&
Sons are interested. V. 81, p. 508.
St. Joseph & Grand Island Ry.
Report.
The results for
the year ending June 30 were:
Year.
1904-5
1903-4
—V.
Gross.
$1,299,031
1,314,220
Net.
$304,034
237,576
—
Int.
<£•
taxes.
BaL.sur.
$4V
$255,886
234,473
lis
3,103
79, p. 2201.
Louis Southwestern Ry. To Authorize Guaranty and
Operating Agreement. -The shareholders will meet Oct. 4 for
the following purposes: (1) To authorize the company to
guarantee the payment of the principal and interest of an
issue of first mortgage 5 p. c. fifty-year gold bonds of Shreveport Bridge & Terminal Co. to an amount not exceeding the
principal sum of $500,000.
(2) To authorize an agreement
with Shreveport Bridge & Terminal Co. providing for the use
and occupancy of the bridge and other works of said last-mentioned company for a period of 50 years from Aug. 1 1905
(see V. 76, p. 266).— V. 80, p. 872.
Sao Paulo Tramways, Light & Power Co., Ltd. Listed in
London. The London Stock Exchange has granted quotaSt.
—
—
—
as the
SEAliOARO AIR LINE RAILWAY.
By J. M. BARR, President.
313,000
500,000
I
(5)
payment of principal and interest coupons on the within bond
same shall become due and payable.
79, p. 2148.
—
—
—
—
—
Fiscal
year.
Gross
earnings.
1904-5.
1903-4.
— V.
$827,380
735,415
—
Net over
Other
taxes.
triC'iirii:.
$275,479
185,776
$2,523
1,237
80, p. 2622.
Int.
on
Dividends.
bonds.
$31,000
31,000
Balance,
surplus.
$198,690
132,457
—
$48,312
23,556
—
Union Traction Co. of Indiana. Called Bonds. Two Citizens' Street Ry. of Muncie first mortgage bonds, for $1,000
each, and two for $500, will be paid off at 105 and interest
on presentation at Guarantee Trust & Safe Deposit Co.,
Philadelphia, interest ceasing Sept.
—
— V. 80,
—
1.
p. 713.
Western Maryland RR. Listed. The New York Stock
Exchange has listed $1,402,000 additional 1st mortgage
4 p. c. bonds of 1952, making the total amount 831,924,000.
The bonds just listed are part of the amount (originally
now reduced to $10,082,700,) reserved for construction of branches and extensions, for equipment and
improvements, and for completion of Piedmont & Cumber$14,518,700,
land Ry. and Coal & Iron Ry.
Their proceeds have been
applied as follows:
To cover the cost of all the $250,000 bonds and all the stock
(1,995 shares), except directors' shares, of the Belington &
Beaver Creek RR., extending from Belington to Weaver,
W.Va.;said company also controlling "through ownership
of all of its bonds and'capital stock (less shares to qualify directors)!Maryland Smokeless Coal Co., owning 3,165 acres of
coal lands and 1,249 acres of surface lands in Randolph
and Barbour counties, West Va., 5 complete operating
mines with a capacity of 5,000 tons per day, 253 bee-hive
coke ovens, and also sundrv dwelling houses, storehouses,
warehouses, etc."
$668,002
Chiefly for construction expenses on Cherry Run-Cumberland
extension
_.
733,477
Application of $31,924,000 first mortgage 4s.
Acquisition of City of Baltimore interest in property
$9,500,000
Acquisition of 103,497 shares of stock of West Va. Central &
Pittsburgh Ry. Co
11,000,000
cash equipment and construction fund
4,500,000
Terminal facilities at Baltimore (part of S3, 000, 000 deposited
with Continental Trust Co.)
2,488 ,000
Equipment, extensions and development of properties under
Sec. 7, Art. 2, of mortgage
4,436,000
To provide
Compare
full
statement to the
New York
Stock Exchange
in V. 79, p. 2692; V. 80, p. 473, 1914.
Income Account. For Ten Months ending April 30 1905.
Gross earns, railways
$3, 195,3881 Interest on bonds
$1,220,187
Oper. exp. and taxes
leased
2,023,356 Rentals
lines,
etc
263,566
Net earns. railwaysSl, 172, 032 Interest on station and
Miscell. credit (bal.)_
190,629
other loans.
22,755
Net profits, coal, etc.
389,951
Total charges
$1,506,508
Total net income. ..$1,752, 612 Balance, surplus
$246,103
—
|
1
—
—
Baltimore Terminals.
The "Engineering Record" of July 1
905 contained an illustrated article regarding the company's
terminals in Baltimore.
V. 81, p. 509, 266.
]
INDUSTRIAL, GAS AND MISCELLANEOUS.
&
—
Power Co., Philadelphia. AsBeitler in the Common Pleas Court at
Philadelphia early in the year handed down a decision in
the equity suit instituted by Receiver Robert W. Findletter,
holding that some thirty-nine stockholders were liable for
unpaid instalments on their holdings of treasury stock. The
assessments subsequently levied against the foregoing, as
reported in the daily papers, aggregated $15,480.
The company was incorporated in 1895 with SI, 000. 000 stock, in shares of S50
each, which it offered for sale at par. The outstanding stock was subsequently inAcetylene Heat, Light
sessment.
—Judge
In 189S the plant at Niagara" Falls was closed and taken
creased to SI, 744, 450.
possession of bv the Niagara Falls Power Co. for rentals due, and the Electro Gas
Co. foreclosed three chattel mortgages, aggreeatin;i SS3.000. Robert W. Findletter
was thereupon appointed receiver and suit brought to collect from the shareholders
the money needed to meet the claims against the company, which were said to aggregate about $60,000. Judge Beitler held that there was no claim against the promoters, the original syndicate, or the original subscribers to the stock who paid all
calls while they held the stock.— V. 66, p. 708; V. 64, p. 234.
—
—
American Palace Car Co. Incorporated. This company
has been incorporated under the laws of Maine with $10,000,000 of authorized (common) stock, presumably as successor of the American Palace Car Co. of New Jersey.
The
President and Treasurer, Geo. F. Gould, Portland.
company is advertising its make of cars, but has no plant.
N. Y. office 27 Willliam St. See V. 74, p. 328.
American Steel Foundries Co. Meeting to Authorize Bonds.
The shareholders will meet Sept. 6 to vote (1) on authorizing the issue of $6,000,000 bonds, to be secured by a mortgage on the plants of the company, and also upon the entire
capital stock of the Simplex Railway Appliance Co. and
about 55 p. c. of the capital stock of the Commonwealth
Steel Co. of New Jersey; (2) on authorizing the offer to the
preferred and common stockholders of $3,500,000 of such
bonds at 80, the balance of $2,500,000 of bonds not to be
issued at the present time; (3) on approving the conditiona
,
—
—
— — —— ——
Aug.
—
—
contract entered into between the company and Sheaxson,
Hammill A: Co., acting on behalf of the syndicate, which
includes several directors of the company, for the purchase
of such part oi the §3,500,000 issue as shall not be taken by
Compare V. SI, p. 560, 267, 33.
the stockholders.
American Water Works & Guarantee Co., Pittsburgh.
See City Water Co. of East St. Louis,
Guaranteed Bonds,
V. 79, p. 2644.
etc., above.
New Electric Power riant
Baltimore Electric Power Co.
Mayor Timanus on Aug. 3 formally set in
in Operation.
operation the steam turbines in the company's new plant at
the foot of Covington St., Baltimore. "Baltimore Sun" says:
The first Installation consists of three 2,000 kilowatts units, a total
The total amount of underground cable
capaeitv of 6,000 kilowatts.
—
used for the distribution of currenl is about 370.000 feet, occupying a
65 miles of subwav. Wherever the city has not provided conduits overbead, wires have been erected, requiring the use of about 2,600 poles
owned bv the Maryland Telephone Co. The Baltimore Electric Power
began taking contracts for light and power in November, and up to
date has secured over 1,800 contracts, equivalent to over 90,000 of 16V. SI, p. 207.
candle-power lights.
—
—
American Woolen Co. Banner Season. The following,
from the "Boston News Bureau," has beeno fficially revised
"The company opened its 1906 spring
for our columns;
lines of staple goods on July 17, and in a few days it sold
$15,000,000 worth of goods, of which $8,000,000 is the entire
product of the Washington Mills up to next March and
represents the sale of mercerized worsteds.
Practically the entire production of the American Woolen
The WashCo.'s 6,800 looms is now sold up to March 1.
ington Mills' product was sold so quickly that prices were
immediately advanced 10 per cent, notwithstanding the
fact that this year's prices represented an advance of from
123^ to 25 p. c. over last year. An official says: 'The sale
was apparently only limited by our productive capacity.
I figure we could have sold $25,000,000 of goods as quickly
re sold $15,000,000 worth.'
"There is still another opening of 1906 spring goods to
be held, generally amounting to about 50,000 pieces. Last
year the company sold about 90,000 pieces of woolen goods
of all kinds, amounting to about 5,000,000 yards, but this
year woolens are going slowly, the call being almost entirely
for worsteds."— V. 81, p. 267.
Boston Consolidated Copper & Gold Mining Co. Option
Shareholders of record Aug. 14 are offered by
to Subscribe.
circular sent out by the Federal Trust Co. of Boston the option of subscribing for the £250,000 6 p. c. debenture bonds
Subscriptions are
at the rate of $48 70 for each £10 bond.
pavable 25 p. c. on allotment, 25 p. c. Nov. 1, 25 p. c. Jan. 1
1906 and 25 p. c. March 1 1906. See V. 80, p. 2623.
Bryant & May Co., Ltd. Dividend. This English subsidiary of the Diamond Match Co. has declared a semiannual dividend of 2 J^ p. c. on deferred shares for half-year
After writing off
to 30th June 1905, making 5 p. c. for year
£23S, balance of debenture issue expenses, £11,377 was
carried forward.
Last year, dividend same; £10,488 forward.— V. 79, p. 2590.
$7,000,000
—
—
Buffalo
& Susquehanna
Iron Co.
Second Furnace in Use.
—The second furnace was "blown in" on July 6 and
will in-
crease the output of the plant from about 350 tons to 700
tons of pig iron per day.
The results of the company's
operations have "thus far exceeded the expectations of the
management." V. 79, p. 1463.
—
—
Butte (Mont. Electric & Power Co. Guaranteed Bonds.
This company guarantees the principal and interest of the
I
5%
30-year first mortgage
bonds of its subsidiary companies
the Madison River Power Co. and the Montana Power
Transmission Co. The interest on these bonds is payable
Feb. 1 and Aug. 1 at company's office, No. 30 Broadway.
See Electrical Securities Corporation below. The Madison
River Power Co. was incorporated in New Jersey on Jan.
27 190.5 with 86,000,000 of authorized capital stock.
The Transmission company, it is understood, took over
the plant of the Montana Power Co., located on Big Hole
River, 20 miles from Butte (see description "Engineering
Record" of March 5 1898.).
Montana Power Transmission first mortgage bonds are sinking fund
gold 5s, dated Aug. 1 1903 and due in 1933, but subject to call in any
amounts on August 1 1908 at 105 and interest: denominai
$500 and SI. 000. Authorized issue, 8750,000; amount outstanding
understood to be 8600,000.
Madison River first mortgage bonds are dated Feb. 1 1905 and due
Feb. 1 1935, but subject to Jcall in anv amounts on February 1 1907
at 105 and Interest.
Authorized issue, $5,000,000; amount outstanding said to be 81,000.000.
V. 80, p. 713.
—
—
Central Lighting Co., New Jersey.
This
Receivership.
company, incorporated in New Jersey in December 1901
with $1,000,000 authorized capital stock, to manufacture a
'<i gas-burner, was on Aug. 3 placed in the hand- of
yohn H. Hartpence, of Trenton, as receiver, by Viee-Chanc-llor Bergen, on application of
State Attorney-General
feCarter on the ground of insolvency, and failure to pay
franchise tax for 1904 and 1905 amounting to $2,163.— V.
-
71. p.
;-
Central Syndicate Building Co., New York.
Second Mortr
A 2nd mortgage has been made to the New York Ti
trustee, covering the property Nos. 320 to 324 Broad
northeast corner of Pearl St., 75x150 feel
lire an
of $300,oi mi .,
nrl mortgage 4 p. c. bonds of 1 ,000
toge.
—
.
i
,
.
,
1
I]
—
—
— — ——
THE CHRONICLE
12 L9"5.j
—
—
.
are date,] Mar.
1
1905 and mature Mar.
are subject to eaO at option of company on anv Interest date
interest; denomination $1,000; interest payable quarterly
1
1925. but
at
pai
and
beginnin
<>!.->
June 1 1905. The first mortgage
by David A. Blatter; to the \iw
4p.
—— —
81,100,000 was made Sept.
1896
oik Lite Insurance Co., Interest rate
for
\
1
c.
Charlestown (Mass.) Gas & Electric Co. Reduction in
The Massachusetts Gas & Electric Light
Price of Gas.
Commission on Aug. 1 recommended that on and after
Sept.
the net price charged for gas by the company shall
,000 cubic feet, contrasting with $1
not exceed 90 cents per
recently asked and $1 10 prior to May 1 1902.
The "Boston
News Bureau" says:
—
1
1
Since Oct. t 1900 more thin (!0 p. c. of the Cliarlestown CO.'S ens lias been pur
.based from the Massachusetts Pipe Line Gas Co. for SO cents per thousand feet
under a contract expiring July 1 1UO0. The Boston Consolidated Ga8 Co.. owning
the Pipe Line Co., has refused 10 renew this contract.
The company Is making extensive alterations to Its plant, In anticipation of the
termination of the present contract, and when these are completed, an Increased
A cash surplus of $70,000
ipaelty and a reduced cost of manufacture will result.
ha.s been accumulated by the company aside from the payment of 7 to 10 p. c. diviof
debt.
This
surplus
will, it is expected, be
dends and the cancellation
a floating
exhausted by the changes at the company's works, but the board believes that the
cost oi production will be low enough to permit a reduction as recommended.
1
On June
and
for the
30 1901 the capital stock was $500,000 (no bonds)
year 1903-04 dividends aggregating 9 p. c. were
paid.
—
Chattanooga (Tenn.) Electric Co. See Electrical Securities
Corporation in V. 81, p. 510., V. 79, p. 2644.
Chicago Pneumatic Tool Co. Statement for Half-Year.
The results for the six months ending June 30 1905 were:
—
$122,276
$413,942 Dividends (2 p. c.)
Balance, surplus
151,461
254,030
Deprec'n, repairs&renewals 52,905 Surplus from 1904
Written ofT
4,800 Appropriation for development work, &c
Bond interest
57,500
28,593
.Sinking fund reserve
25,000
Total surplus June 30
Balance for dividends. .$273,737
1905
$376,898
V. 81, p. 560, 33.
Profits for half year
Deiturl
—
Citizens' Telephone Co., Grand Rapids, Mich.
New
The shareholders on Aug. 1 voted to increase the
Stock.
capital stock from $2,000,000 to $3,000,000, to provide for
additions and extensions.
V. 75, p. 1256.
—
—
City Water Co. of East St. Louis and Granite City, 111.
Mortgage. This company, controlled by the American Water Works & Guarantee Co. of Pittsburgh (V. 79,
p. 2644), has made a new mortgage to the Farmers' Loan &
Trust Co. of New York, as trustee, to secure an issue of
si, 000,000 5 p. c. gold bonds dated Jan. 2 1905.
These bonds are due Jan. 2 1945, but are subject to call in whole or in
part before 1915 at 105 and interest, and thereafter at par; also in case of
—
New
municipal purchase or condemnation, the issue is subject to redemption
Denominations $1,000 and $500. Outstanding
at anv time at par.
8572,000, guaranteed by American Water Works and Guarantee Co.
Reserved to cover a like amount of underlying bonds, $2,062,000. InPresident, W. K.
terest pavable Jan. 2 and July 2 at office of trustee.
Dunbar; Secretary, A. M. Lynn. Capital stock, $1,500,000.-
—
Commercial Telephone Co., Texas. Sold. At the foreclosure sale in Austin, Texas, on Aug. 1, the property was
bid in for $110,000 by the bondholders' committee, consisting of J. A. Quizinberry of Danville, Ky., Chairman; J. H.
Goeke of Wapakoneta, Ohio, and Fred. Binel of Portland,
Ind. The franchise sold for $60,000, and the apparatus, fixtures, lines, etc., brought $50,000.— V. 80, p. 653.
Consolidated Electric Light Co., Portland, Me.
Dividend Increased New Stock. With the quarterly distribution to the shareholders on July 15, the annual dividend rate
was increased from 4 to 5 p. c. Shareholders until Aug. 15
have the right to subscribe to $100,000 new stock, increasing the outstanding share capital to $500,000; par of shares
This stock is offered to stockholders at $7 50 per
$10.
share.
The company has paid quarterly dividends since
July 1st 1889, and the business has steadily increased from
$82,310 in 1900 to $138,860 in 1905. There are $400,000
bonds outstanding, viz
—
—
:
$200,000 of 5s maturing June 1 1906; (2) balance 4J^s authorized issue $500,000, due Jan. 1 1925, denominations $500 and $1,000;
trustee, Union Safe & Deposit Co. ($200,000 of new IJ^s held to retire
President, Leander W. Fobes; Sec. and
the bonds due June 1 1906).
Treas., George E. Raymond.
V. 70, p. 232.
(1)
—
Consumers' Electric Light Co., Ottawa. Property Transferred to City.
This company's property has been transferred by deed to the city of Ottawa and the purchase price,
$200,000, has been paid.— V. 80, p. 2460.
—
Consumers' Gas Trust Co. of Indianapolis. City's Right
Questioned.
Byron C. Quinby has filed an ancillary bill in
the Federal Court asking for a decree holding that the city
has no right to purchase the property within the city limits
by virtue of the ordinance of June 27 1887 and removing
"the cloud cast on the title by the assertion of the city that
it had such right."
George J. Marott has announced his desire that some one else be selected to act with the presidents
of the Board of Trade and the Commercial Club as the third
Compare
grantee of the proposed 60-cent fuel franchise.
V. 81, p. 33; V. 80, p. 2222.
—
Corn Products Co. Stockholders' Committet Requests Information.
A stockholders' committee, consisting of B.
William Moeller, William Henry Hays, F. W. Duryea, M. D.
Chapman and J. W. Hardenburgh, has through it- counsel,
Louis II. Newkirk, of the law firm of Newkirk .v. Steven-.
3ent to the officers of the company a formal requesl for full
information in regard to the finances and business of the
—
company and
of its subsidiai
held on
Meeting.
A meeting of the Bhai
Aug. 9 in New York. a1 the instance ol the aforesaid committee at which Attorney L. H. Kirk read a long statement
i<
THE CHRONICLE.
(>I6
management, analyzing unfavorably the last
annual report (V. 80, p. 1853, 1305), and saying also in part:
We are aware that many of the company's plants arc idle, and have
criticizing the
Idle for the past year or two, and we are told that these Idle plants
are depreciating in value; that the following plants are closed:
Peoria, 111.; Rockford, 111.; Marshalltown, la.; Waukegan, III.; Venice,
111.; Geneva, 111.; Sioux City, la.; Argo, Nebraska City; Fox plant; Erkenbrecker, Cincinnati. 0. Burned: Kingsford, Oswego, N. Y.; Glen
Cove, L. I.' and twelve other plants are shut down.
Plants open: Chicago, 111.; Davenport, la.; Pekin, 111.; and one or two
That only 00,000 to 65,000 bushels
others are running Intermittently.
daily grind is all the company is now doing out of a total capacity of
150,000 or more bushels per day.
It appears that competition has sprung up within the last few years
now having a daily total capacity of 70,000 bushels, as follows:
Bushels.
New York Glucose Co.. Shady Side, N. J. (Corn Products Co.
30,000
owns 49 p. c. of capital stock. V. 80, p. 1366.)
28,000
Warner Sugar Refining Co., Waukegan, 111
111
10,000
St. Louis Syrup & Preserving Co., Granite City,
4,000
Piel Starch plant, Indianapolis, Ind
Douglas Starch plant, Iowa
4,000
These competing plants are in active operation and are furnishing
Their output and the 60,000 daily grind
glucose and starch to the trade.
This
of this company fills the demands of the trade, as we are informed.
company had a surplus in 1903, according to its annual report, of $3,327,511.
Now that surplus is all gone. V. 80, p. 2623, 1853.
been
—
Dakota Central Telephone
Co. —Status. — This
company,
organized Aug. 30 1904 under laws of South Dakota, as a
consolidation of the Dakota Central Telephone lines, South-
Since
[Vol. lxxkl
May
1 1905 the corporation has sold at a substantial profit $225,value, of bonds which were held as security for its first series
bonds and has purchased and canceled $212,000, par value, of such first
series bonds.
It has also sold at a substantial profit $175,000, par value,
of bonds which were held as security for its second series bonds and has
purchased and canceled $107,000, par value, of such second series bonds.
Compare V. 81, p. 510; V. 80. p. 710.
000,
iiar
—
—
General Asphalt Co. Decision Affirmed. The High FedCourt (of Cassation) of Venezuela on Aug. 7 affirmed the
decision of the President of the Court, rendered May 20,
which annulled the concession of the New York & Bermudez
Asphalt Co., and allowed damages to the Venezuelan Government for expenses incurred in the Matos revolution by reason
of the alleged complicity of that company's officials.
A formal protest against the decision has been made to the United
States Government with a view, it is supposed, of later
asking the latter to renew its request for an arbitration of the
dispute.
Compare V. 80, p. 2223.— V. 81, p. 214.
Georgia Car Manufacturing Co. See South Atlantic Car
& Manufacturing Co. below. V. 80, p. 2401.
Gilbert &Bennet Manufacturing Co. of Georgetown, Conn.
New Stock. This Connecticut corporation has filed a certificate of its action in increasing its capital stock from $750,000 to $1,000,000. A press dispatch from Hartford says:
The increase is in the form of a stock dividend of 33 1-3 per cent, made
eral
—
—
—
—
capitalizing $250,000 of the company's surplus and issuing therefor
Dakota Telephone Co., Southern Minnesota Telephone by
5,000 additional shares of stock. The concern manufactures wire cloth
and Central Dakota Telephone Co., reports:
and netting. A year or two ago it made a large addition to its capital
ern
Stock authorized: Common, $3,000,000; preferred, 6 p. c. cumulative,
Stock outstanding, common, $1,085,650; prei$2,000,000.
ferred, $9,000; par of shares, $100.
Authorized bond issue, $500,000 of
5 p. c. first mortgage bonds dated June 1 1905 and due June 1 1915, without option of earlier redemption; denominations $500 and $1,000. Interest payable Dec. 1 and June 1 at Aberdeen (S. D.) National Bank, of
which John C. Bassett, the mortgage trustee, is President. Amount of
these bonds outstanding, $100,000, covering 68 exchanges, about 9,000
telephones, 4,000 miles of pole lines and 7,000 miles of circuit wire.
No
prior liens are outstanding.
President, J. S. W. Zietlow; SecretaryTreasurer. W. G. BickelhauDt.
Diamond Match
—
— Dividend
of English Subsidiary.
See Bryant & May
above. Chicago advices state that
the earnings of the Diamond Match Co. for the current year
are eminently satisfactory.
V. 80, p. 715.
Dominion Copper Co. Reorganized Company. See Montreal & Boston Consolidated Mining & Smelting Co. below.
East St. Louis Water Co. Correct Name. See City Water
Co. of East St. Louis, etc., above.
Edison Portland Cement Co. Status. The "Philadelphia
News Bureau" quotes a "large local interest" as saying:
The plants of the company have been running satisfactorily for the
Co.
Co.
—
—
—
—
—
—
—
three months since the shut-down for enlargement and the present output
over 3,000 barrels a day. After some minor improvements now in
progress are completed, we will turn out 4,000 barrels per day.
The
operation of the plant to date has clearly demonstrated two things. First:
The cement is of a better grade than any on the market; 80 per cent will
go through a 200 mesh screen, which no other will do. Second: Our cost
of production is cheaper than that of other companies
The demand for
cement is good at present because this is the best season of the year. Some
companies have orders for more than they are producing and are drawing
on the supply accumulated during the dull period last winter. The price
has advanced from 65 to 93 cents a barrel and may go higher before cold
weather.— V. 80. p. 2624.
is
—
the
—
Corporation.
Third Series Bonds
Sons, having sold a large part of
$1,000,000 third series collateral trust sinking fund 5
gold bonds, are offering $500,000 thereof at 101 and in-
Electrical Securities
Harvey Fisk
Offered.
&
p. c.
terest.
These bonds are "tax free" and are dated May 1
May 1 1935, but are subject to call at 103
and interest at company's option on any interest day on 21
days' notice.
Interest payable May 1 and Nov. 1 in New
York. These bonds are secured by deposit with the Standard Trust Co. of New York, trustee, of the following bonds,
aggregating at par $1,265,000, all 5 p. c. bonds except as
1905 and are due
otherwise indicated.
Authorized
xAnniston (Ala.) Electric
1929
& Gas
Pledaed
Co. 1st
M.',
Issue
due
$22,000
300,000
xAsheville (N. C.) Electric Co. 1st M., due 1941... 70,000
750,000
xAshland (Wis.) Light, Power & Street Rv. 1st M.,
due 1916
44,000
150,000
Butte Electric & Power Co. 1st M., due 1951
66,000 (V.73,p.l39)
xColumbus Newark & Zanesville Electric Ry. Co.
1st mort. due 1924
100,000
2,000,000
xDallas (Tex.) Electric Corporation, Dallas, Tex.,
1st M. collateral trust, due 1922
160,000
4,000,000
Duluth (Minn.) General Electric Co. 2nd M. income (V. 74, p. 1358)
47,000
725,000
Edison Sault Electric Co., Sault Ste. Marie, Mich.,
1st M., due 1925 (V. 80, p. 2461)
80,000
500,000
xFairmont & Clarksburg Traction Co., W. Va., 1st
M., due »38
200,000
2,500,000
xFort Smith (Ark.) Light & Traction Co. consol.
M due 194.4 -----75,000
1,500,000
xlndianapohs & Northwestern Traction Co. 1st M.,
due 1923
100,000
3,000,000
Montana Power Transmiss'n Co. 1st M., due 1933.101,000
750 000
xNorthern Ohio Traction & Light Co. 1st consol.
M., 4 p. c, due 1933
100,000
7,500.000
Oklahoma (City) Gas & Electric Co. gen. M., due
1922 (V. 81, p. 215)
.100,000
1,000,000
\
Compare "Street Railway Section."
The corporation has the
right to redeem all or any part of
the third series collateral trust bonds on any interest day
upon 21 days' notice, and, beginning with May 1 1910, is required to gradually retire said bonds either by purchase or
redemption. In other respects the terms are as stated for
the second series in V. 81, p. 510.
A circular says:
The corporation began business with a surplus carefully appraised by
its executive committee at $500,000.
During its first six months of
business, that is to May 1 1905, it earned a net profit over and above
fixed charges
Its surplus
on
and semi-annual dividend on
May 1 1905 was $511,860.
its
preferred stock of $11 860
stock by capitalizing a part of
accumulated surplus.
Suit Settled Out of Court.
The suit of Vice-President George H. Robinson against President Edward Holbrook, "relative to an agreement for the
transfer of certain shares of stock of the company, has been
settled on private terms and the suit and attachments have
been duly discontinued and discharged."- It was alleged
that Mr. Holbrook agreed to transfer to Mr. Robinson 15,500
shares of the common stock at $175 a share on June 29, and
also to tender the resignations of himself and his son as officers and directors of the company.
See V. 81, p. 214.
its
Gorham Manufacturing Co.
—
—
Grand Rapids-Muskegon (Mich.) Water
Power ElecNew Securities New Enterprise. This company,
Co.
incorporated under the laws of Maine Nov. 16 1904, has
authorized an increase of its capital stock from $1,000,000
to $2,000,000 and the making of a bond issue to an amount
not exceeding $5,000,000. The company is at work erecting dams at different points on the Muskegon River in order
to develop power for transmitting electricity for commercial
use in Grand Rapids, Muskegon, Big Rapids and other
places in western Michigan.
Officers: Thomas Hume, Muskegon, Mich., President: Thomas Monroe, Muskegon, and W. A. Foote, Jackson, Vice-Presidents; George L.
Erwin, Muskegon, Secretary, and John G. Emery, Treasurer.
Hodge Iron Co., Houghton, Mich. Bonds Offered.
David J. Kennedy, No. 218 La Salle St., Chicago, is offering, by advertisement on another page, this company's
$100,000 of 30-year 6 p. c. first mortgage gold bonds, interest payable semi-annually; sinking fund $3,000 yearly, with
accumulations. The company was incorporated Aug. 1
1900 under the laws of Illinois and acquired the business
established in 1869 by Samuel F. Hodge, embracing chiefly
mining machinery now in use by the Calumet & Hecla and
other prominent mining companies.
The capital stock is
$100,000 in $100 shares. A circular states that in 35 years
of successful operation the net profits have never fallen below
$18,000, and in some years have been between $40,000
and $50,000. For the past 15 years "the average net profit
has exceeded $25,000." The total live assets are estimated
at $334,500.
Honolulu Gas Co., Ltd. Bonds, Etc. This company,
organized Aug. 2 1904, has erected a gas plant at Honolulu,
and has issued:
—
—
tric
—
—
—
—
Stock $200,000. all common; par ot shares $100. Bonds $115,000, part of an
authorized $200,000 of gold 6 p. c. bonds, dated Jan. 1 1905 and due Jan. 1 1925,
but subject to call In whole or in part after Jan. 1 1915 at par; denominations $1,000,
$500 and $100. Mortgage trustee, Henry Waterhouse Trust Co., Ltd. Interest
payable at Honolulu. President, W. R. Castle; Secretary, D. L.Wlthington; Treasurer,
A. N. Campbell.
Hudson River Water Power Co.
—
— Temporary Receivership
Ended. Judge Ray, sitting in the United States Court for the
Northern District of New York at Utica, on July 21 vacated
the temporary receivership and dismissed the proceedings
connected therewith.
Power for Utica & Mohawk Valley RR. On July 1 the
company began supplying the Utica & Mohawk Valley RR.,
one of the trolley subsidiaries of the N. Y. Central, with some
4,500 h. p. from the new auxiliary steam plant at Utica.
The power company, it is understood, has a contract with
the N. Y. Central interests to supply their trolley roads up
to a maximum of 25,000 h. p., as from time to time required.
—
— V. 81, p. 268.
Ingersoll-Rand Co.
— New
Office.
—The company has taken
possession of its new offices on the fourteenth floor of the BowSee particulars
ling Green Building, 11 Broadway, N. Y.
regarding organization in V. 81, p. 562, 34.
Johnson Company. Called Bonds. See United States
V. 80, p. 1974.
Steel Corporation below.
—
—
—
Ltd. —Reduction
(Frank) Jones Brewing Co.,
of Capital
The shareholders at a meeting held in London on
Stock.
July 3 voted: "That the capital of the company be reduced
—
from £800,000 (divided into 40,000 7^2 P- c. cumulative
preference shares of £10 each and 40,000 ordinary shares of
£10 each) to £600,000, divided into 40,000 7^2 p. c. cumulative preference shares of £10 each and 40,000 ordinary
—
Aug.
—
———
—
THE
12 1905. J
—
—
£S0,101 Debenture interest
£9,000 over 1003-04.) 1'ivference dividend
above), 8H p. c
£60,902
(An increase of over £S,000).
Bal., surplus for year
£25,000
(as
(.An inc. of
profits
34,000
£1,902
Total sales of ale and porter for year (all at Portsmouth
brewery), 21S.407 barrels.— V. 77, p. 199.
Kingston Lumber Co., Laurel, Miss. Further Facts.
This company, a block of whose bonds is being offered by
the Inter-State Trust & Banking Co. of New Orleans, as
stated last week, is incorporated under the laws of New
Hampshire. The bond issue is limited to $500,000, of
which $203,000 is outstanding. No prior liens, it is stated,
remain outstanding. Herbert Lampe is now Secretary.
Compare V. SI, p. 562.
—
—
Lancaster (Pa.) Water Filtration Co. Bonds Offered.
Flint, Bacon & Co., New York and Philadelphia, are offering
at 104^2 and interest $250,000 (the total issue) of first mortgage 6 p. c. sinking fund bonds of $1,000 each, dated July 1
1905 and due July 1 1935, but subject to call, at company's
option, at par and interest on Jan. 1 1911, 1916,1921,1926
and 1931; interest payable Jan. 1 and July 1; free of tax in
Pennsylvania. A circular says:
The sinking fund provisions require that there shall be deposited with
the trustee (the West End Trust Co. of Philadelphia), semi-annuallv,
from july 1 1906 to July 1 1910, §2,700; from Jan. 1 1911 to July 1 1915,
These
$3,500; and each six months thereafter until maturity, $4,000.
payments will provide for the retirement of $25,000 bonds on Jan. 1 1911,
$35,000 on Jan. 1 1916 and 820,000 on Jan. 1 1921, 1926 and 1931 respectively, and for the remainder at maturity.
Bonds retired by the sinking
fund will be drawn by lot. The city has the right under the ordinance
authorizing the contract with the company to pay all of the outstanding bonds not retired by the sinking fund at any five-year period beginning January 1911, and become the owner thereby of all of the property.
This company operates under a 35-year exclusive contract with the
city of Lancaster, authorized by ordinance, to filter all of the water for
the citvat $15 per million gallons, and the city guarantees to the Lancaster Water Filtration Co. to consume a minimum of 5,000,000 gallons
per day, which will give the company a guaranteed income of S75 per
day, or $27,375 per year. The operating expenses are conservatively
estimated at $5,000, and interest charges will be $15,000, leaving a surplus of $7,375 in the guaranteed income. The city is now using about
6,500,000 gallons per day, and on some days runs as high as 7,500,000,
and under the contract all water consumed is to be paid for at the rate of
,
$15 per million gallons, indicating for the
first year:
Gross earnings,
$36,000; net, $31,000; interest charge, $15,000; sinking fund, $5,400;
balance, surplus. $10,600.
This plant is the Maignen system of patent scrubbers and
slow sand filtration, which, it is said, the Bethlehem City
Water Co. has found so efficient. V. 81, p. 562.
Lane Mills. Bonds Called. Forty mortgage bonds have
been drawn and will be paid at the Germania Savings Bank
<fc Trlist Co., New Orleans, on Sept. 1 1905.
Lehigh Coal & Navigation Co.—Listed. The Philadelphia Stock Exchange has listed $1,500,000 additional funding
and improvement 4s, issued for refunding 4J^s due Sept. 1,
making the total listed $3,533,000. See V. 80, p. 1061
—
—
—
—
V. 80, p. 1858.
—
Madison River Power Co. Guaranteed Bonds.
See
Butte (Mont.) Electric & Power Co. above.
Metropolitan Steamship Co., Boston. New Vessels.
The company has awarded to the Roach Shipbuilding Co.
contracts for two 400-foot, 20-knot steamers for the proposed
passenger line between New York and Boston.
Each
steamer will have three turbine engines, aggregating 10,000
horse-power, and will cost over $750,000.
See V. 80, p.
—
1916.
—
Montana Power Transmission Co. See Electrical SeV. 81, p. 000 and 510.— V. 69, p. 1251.
curities Corporation,
Boston Consolidated Mining & Smelting Co.
The sale of the company's properties to the
Dominion Copper Co., Ltd., under agreement dated May 11
1905 having been completed, all stockholders are urged to
send in their stock for exchange immediately to the National
Trust Co., Ltd., Toronto, Canada.
See V. 80, p. 2625.
Montreal
10
&
Securities.
—
—
Moran Bros.
Co., Shipbuilders, Seattle.
N. W.
Status.
Co., in offering at par $40,000 of the company's
5 per cent bond.s, subject to call at 105 (authorized issue,
$500,000), say:
.A first mortgage on city real estate worth for building lots $1 ,200,000; plant, equipments and other assets, $1,940,000.
Net earnings,
Halsey
<fe
average six years, ten times interest charge.
See V. 73, p. 1267.
—
Mutual Telephone Co., Des Moines, la. \e>r Bonds.
The $400,000 of 6 per cent gold bonds dated May
1905 are
known as improvement bonds and are secured by mortg
1
to the Equitable Insurance Co. of Iowa, as trustee; $36,500
of these bonds arc outstanding and $36,000 are reserved to
cover a like amount of bond.s of May 23 1903 and $100,000
for future extensions.
The new bonds are due May 1925, but are subject to call at company's
option after Nov. 1 1909 in anv amount at 103; no sinking fund.
Inter'
1
aya ?' e N ov J anrl Mav ! at ofnce ot trustee. Denominations $1 ,000,
$V«R
$500 and $100. Total authorized capital stock, $450,000, viz., $300,000
-
—
CIIRONICLK.
The directors propose to write £86,770
shares of £5 each.
off the good-will account, along with £113,230 from assets
for loss in assets at the Bay State Brewery, which has been
closed and is to be sold."
Payment of all Accumulated Dividends. The shareholders
voted also on July 3: "That the report for the year ended
Feb. 2S 1905 as presented be adopted, and the dividends on
the £400,000 preference share capital recommended by the
viz., 3H p. c. (making 7H P- C. for
directors be declared
the year ended Feb. 2S 1905) and 1 p. c. in payment of final
Inarrears of dividend on cumulative preference shares.'cluding the aforesaid dividends, the report shows:
Gross profits
—— — ———
617
common: $60,000 7 p. c. cumulative pref. and $90,000 "service." Stock
outstanding, common. $168,240; preferred, $60,000; "service,** $25,.
Par of shares. $30.
p. 35.
President, J. S. Bellamy, Knoxville, la.
National Enameling
Common
stock.
&
No
Stamping Co.,
— V.
81,
Dividend on
—The directors at their meeting on Wednesday
tailed to declare the dividend on the $15,591,800 common
per annum was declared
stock. The regular dividend of
on the preferred stock, payable in four quarterly instalments
each, Oct. 1 1905, Jan. 1 1906, April 1 1906 and
of
July 1 1906. The cumulative preferred, now $8,546,600,
has received its 7 p. c. per annum regularly since organizaThe common received from 1902 to Oct 1904
tion in 1889.
inclusive 4 p. c. yearly, but last fall there was declared a
9 months' dividend of lJ-£ p. c, payable }4 p. c. each on
Jan. 1, April 1 and July 1 1905 (V. 79*, p. 2646)
Report.
See p. 612 of this issue.
New Treasurer. A. M. Steinhardt has been elected TreasV. 81 p. 215.
urer in place of J. E. Ingram
Water Co. Successor. See
Nevada Power, Light
Reno (Nev.) Power, Light & Water Co. below.— V. 78,
p 1909.
7%
1%%
—
—
—
,
—
&
—
New England Cotton Yarn. Acquisition. The following,
from a Boston paper, is confirmed:
The company has practically acquired all of the capital stock of the
Lambeth Rope Corporation, par value $50,000, and will operate the rope
For some time the Cotton Yarn Company
factory as a part of its plant.
lias owned a majority of the stock and now it becomes sole owner.
The
Lambeth Rope Co. has not paid dividends for several years. V. 79
—
p. 2204.
New
tion.
River
&
Pocahontas Consolidated Coal Co.
—The "Iron Age" says:
Acquisi-
This company, an allied interest of the Berwind-White Coal Mining
Co., has recently purchased from Col. W. P. Rend a large body of New
River coal near Thurwood, W. Va., on the Chesapeake & Ohio Railway.
This property has four well-developed mines in operation and the capacity
V. 80, p. 2462.
of these will be largely increased.
—
Niagara Light, Heat & Power Co. of Tonawanda and
North Tanawonda, N. Y. For years ending March 1:
—
1904-05.
Year.
Gross earnings
Net earnings
Interest on outstanding bonds
Surplus earnings
V. 81, p. 35.
—
$61,512
-20,464
9,917
10,547
1903-04.
$58,935
16,154
9,104
7,050
1902-03.
$50,130
-13,209
7,500
5,709
—
&
Ontario Power Co. Control Sold.
The control of this company and of the Iroquois Construction
Co., which has hitherto been vested in Joseph G. Robin and
his associates, together with the Westinghouse Co., has
passed by sale of the individual interests to a new syndicate
headed by Mr. Westinghouse and John J. Albright of Buffalo.
The purchasing syndicate is understood to represent
a combination of the Westinghouse, Albright, New York
Central and Vanderbilt interests, together with those of
Horace E. Andrews of Cleveland, and others. The financing
of the companies will hereafter, it is understood, be directed
by interests connected with the Marine National Bank of
Buffalo, S. M. Clement, the President of that institution,
succeeding Mr. Robin on the board of syndicate managers
for the underwriting of the securities.
H. H. Westinghouse
succeeds Mr. Wicker as a director of the Power Company,
and Gen. Francis V. Greene becomes President of the Iroquois
Construction Co., the holding company for the enterprise.
The executive offices will be in Buffalo. Mr. Robin and his
associate, C. M. Wicker, will, it is said, receive profits aggregating $750,000.
The company has a contract to obtain electric current
from the Ontario Power Co. of Canada (see V. 81, p. 158;
V. 80, p. 1427, 119), pending the construction of its own
plant, and a transmission line has already been built from
the Niagara River three-quarters of the way to Lockport
and is now being rapidly pushed towards Rochester. An
authoritative statement says that a long-term agreement
has been made to supply electrical power to the New York
Central & Hudson River RR. Co., and contracts have been
made to supply power to local railroads and private consumers at almost every town from Niagara Falls to Syracuse,
including the latter city.
By the middle of next spring
it is expected that most of the electrical railroads of Syracuse
will be run by Niagara power transmitted by this company.
V. 80, p. 2348.
Oklahoma (City) Gas & Electric Co. See Electrical Securities Corporation, V. 81, p. 616, 510.— V. 81, p. 215.
Philadelphia Electric Co.
New Trustee. The Fidelity
Trust Co. of Philadelphia has been appointed trustee and
registrar for the Edison Elecric Light stock trust certificates, succeeding the City Trust Safe Deposit & Surety
Co.— V. 80, p. 1427.
Pneumatic Transit Co., Philadelphia. New Slock. The
shareholders on Aug. 5 authorized the increase of the capital
stock from $500,000 to $1,000,000, the new stock to be preferred.
The proceeds will be used for extensions. V. 81,
Niagara Lockport
—
—
—
—
p.
—
Offered. — Frank
508.
Putnam-Hooker Co., Cincinnati. Stock
W. Burgoyne, 41 East 14th St., Cincinnati
,
recently offered
cumulative first preferred Btock, dividends June and December, non-taxable in Ohio; par of
at 110 $140,000 6 p. c.
shares,
$100.
The companv was incorporated
in West Virginia in November 1903
cotton foods.
Authorized share capital, 1660,000, viz
common, $250,000; first prefernd 8 pet eenl cumulative, $200,000;
second preferred c per cent non-cumulative, $200,000. All of the common and second preferred is owned by the men who are active In th-
to
deal
in
.
THE CHRONICLE.
618
Of the first preferred $70,000 is now outstanding. No
bonds. Officers: President, James J. Hooker; First Vice-President,
Benj. W. Putnam; Second Vice-President, Asa B. Morgan; Secretary,
Kennetli H. Hooker; Treasurer. Lang 8. Doggett. Headquarters,
management.
Cincinnati.
—
Reno (Nev.) Power, Light & Water Co. Bonds Offered.
Julius Christensen & Co., Philadelphia, are offering at 105
[VCL. LXX*I.
—
Thomson-Houston Trust Securities, Boston.
Termination of Series " D" Trust.
The trustees of series D, having disposed of all the securities held in trust, will make a
final division of the funds in their possession on Aug. 28
1905 to holders of record Aug. 10.
—
—
—
United Button Co. Reorganized Company. This company has been incorporated under the laws of New York
this company's 6 per cent sinking fund gold bonds of 1904,
with $700,000 capital stock, all of one class (par of shares
all issued to acquire a controlling interest in the Washoe,
Power & Development Co. and the Nevada Transit Co., $100), as successor of the old United Button Co., per plan
in V. 80, p. 2402.
The Bankers' Trust Co. of New York
neither of which has any bonds outstanding nor will issue
will probably be trustee under the new mortgage.
V. 80,
are
subject
but
any. The bonds offered are due July 1 1944,
2402.
to call at company's option at 110 and interest after July 1 p.
1909; interest payable Jan. 1 and July 1 at San Francisco or
United Fruit Co. See Northern Ry. of Costa Rica under
and
interest,
by advertisement on another page, 1238,000
of
—
—
Trustee, Mercantile
Philadelphia, at the option of holder.
Trust Co., San Francisco, Cal. Limit of issue, $750,000.
of which $212,000 previously sold, $238,000 now offered and
$300,000 reserved to retire $300,000 bonds of the Nevada
Power, Light & Water Co. on optional date (V. 78, p. 1909).
Capital stock, $1,000,000.
The mortgage covers the following property owned and
the controlling interest to be acquired, via.:
Owned (a) Water works supplying the cities of Reno and Sparks,
Nev., with a combined population of about 15,000. Franchisee perpetual, (ft) Water power plant, supplying power to consumers In the cities
of Reno and Sparks.
Th« present output is about 750 horse-power,
which will be increased to 2,000 horse-power by the installation of addi-
—
tional machinery, (c) Electric-light plant, supplying electric light to the
two municipalities and for commercial purposes to the cities of Reno and
Sparks.
Franchises perpetual, (d) Gas plant, supplying gas to the cities
Franchises perof Reno and Sparks for lighting and heating purposes.
petual, (e) Ice plant and cold-storage plant, which constitute a large income to the company with comparatively small expense. (/) About 5,000
acres of land in and about the city of Reno, all susceptible of irrigation,
for which the company has perpetual water rights.
The value of the
land is at least, say $30 per acre, or $150,000.
acquired
To be
The controlling interest In (a) the Washoe Power A
—
DevelopmentfCo., having a power plant located on the Truckee River
(the only available power site left within 200 miles), dams solid masonry,
buildings stone, equipment modern. While all the units have not been
installed, the plant is in operation and developing 2,000 horse-power, all
readily salable; (6) Nevada Transit Co., owning 4 miles of track and 5
cars, connecting the cities of Reno and Sparks.
The operation of this
road has been very profitable. The company acquires the Washoe
Power & Development Co. on a basis of $225,000 for its entire capital
stock, and the Nevada Transit Co. on a basis of $100,000 for its entire
capital stock.
The earnings for the year ending March 31 1905 were: Gross, $156,597;
net, $94,944; total interest charges on $512,000 (being the total amount
of bonds outstanding during said period), $30,720.
It is confidently expected that the acquirement of the Washoe Power & Development Co.
and the Nevada Transit Co. will increase the net earnings of the company
at least $40,000 per annum, making total net earnings of about $135,000
per annum, against which the total interest charge on the entire $750,000
bonds
President, Hon. P. L. Flanigan; Secretary,
Washoe Co. Bank.— V. 78, p. 2015.
Shippan Point Land Co., Stamford, Conn. Bonds.
The Chas. W. Scranton Co., New Haven, Conn., is offering
at par and interest the small unsold portion of a block of this
company's $200,000 first mortgage 6 p. c. gold bonds, dated
April 1 1905 and due April 1 1910, but subject to call at
option of company upon any interest day on or after Oct. 1
1906 at 106 and interest, or on or after April 1 1908 at 103
and interest. Interest coupons, April and October, payable
at Stamford Trust Co. (trustee), or at the Bank of the Manhattan Company, New York. The company was incorporated under the laws of Connecticut in April 1904; appraised valuation of property is over $580,000.
James S.
Jenkins, 36 Park Row, Stamford, Conn., is President, and
Edward McVickar, 37 Pine Street, New York, General
Manager.
President Jenkins on June 5 1905 wrote, saying
of
W.
will be $45,000.
L. Bechtel; Treasurer,
—
—
The company has acquired a large tract of land on Shippan Point in town of
Stamford, in quantity over 110 acres; 30 acres lie upon the extreme southern and
southwestern end of the Point, having a frontage on Long Island Sound of nearly
a mile, the greater part of which is sandy beach, and the remainder a rocky shore.
The company acquired this property from 26 different owners, and paid for it
$340,000. The work of installing a system of sewerage and of introducing city water
and electric lights has progressed steadily since the property was purchased in
April 1904 and new streets are now in process of completion. The capital stock
is S-100.000, in shares of $100 each; about one-half has been issued and the balance
remains in the treasury. The money for improvement is obtained through the
sale of this stock at par.
The directors have decided to place a certain portion of
the land on the market this year.
A high-class residence development Is proposed, and all proper restrictions will be placed upon each piece of land.
South Atlantic Car & Manufacturing Co., Waycross,
—Purchase.
—This company has purchased the plant
Ga.
of the
former Georgia Car Manufacturing Co. at Savannah (V. 80,
p. 2401) for an amount said to be $65,000, payable in stock.
—V.
79, p.
156.
—
—
Sunday Creek Co., Columbus, Ohio. Capitalization.
President John H. Winder of Columbus, O., replying to a
letter of inquiry, says:
The capital stock is $4,000,000, and is actual and not nominal. The
company is the lessee of the Kanawha & Hocking Coal & Coke Co., the
Continental Coal Co., the Buckeye Coal & Railway Co. and the Ohio
Land & Railway Co. The stock of the Sunday Creek Coal Co. is substantially all owned by the new company, the Sunday Creek Companv.
The
Sunday Creek Company does not take over the St. Paul & Western Coal
Co. or the Boston Coal Dock & Wharf Co. These two companies will be
operated independently as heretofore.
a bond issue. See V. SI, p. 512.
Preparations are being
made
for
—
Taylor Grain Co., Topeka, Kansas. —Mortgage. This compony has made a mortgage to the United States Trust Co.,
Kansas City, as trustee, to secure $125,000 6 p. c. bonds of
$500>ach,due June 1915. "Topeka Capital" June 28 said:
The company will now absorb the Gyrator Milling Co. and the two will be operated as one. The capital stock of the Taylor Grain Co. has been increased from
$100,000 to $150,000. According to the new trust deed, the mill shall be operated
to its full capacity, which is 2 000 barrels a day.
The mortgage also provides for
the expenditure of about $40,000 in improvements, which includes the building of
a flreprool warehouse. A sinking fund of $10,000 a year is provided The outstanding bonds for which T. B. Sweet is trustee, will be retired.
This will leave the Taylor Grain Co/about $75,000 in cash and one of the best milling plants in the State.
The new Gyrator mill was built last year. About three years ago W. L. Taylor,
President of the Taylor Grain Co., purchased the old Capital elevator and has been
doing a grain business in Topeka ever since.
.
"Railroads" above.— V. 81, p. 216.
—
—
United States Steel Corporation. Called Bonds. One
hundred ($100,000) first mortgage bonds of the Johnson
Company called for redemption will be paid at the United
States Trust Co. of this city on Sept. 1 at 105 and interest.
— V.
81, p. 504.
Telephone & Telegraph Co., Pennsylvania. —
— H. P. Taylor & Co., Pittsburgh, Pa., who, as stated
United
Statu*.
week, are offering bonds of the company, and its lessor,
Cumberland Valley Telephone Co., have issued a circular, saying
last
the
The united system is operating 123 exchanges, equipped with central
energy or magneto switchboards, and owns and had in operation on
March 1 1905 18,251 telephone instruments, approximately 2,500 miles
of pole lines, conduits in the cities of Altoona and Harrisburg, modern
cable construction, and 20,000 miles of wire.
The system is directly
In connection with approximately 75,000 independent telephones not
covered by its system in Pennsylvania. Connections are being made
with long distance telephone companies operating in Ohio, New York,
New Jersey, Delaware and surrounding States.
Purchased by United Company: Keystone Telephone A Telegraph Co. (Montgomery County); Chester County Telephone A Telegraph Co. (Chester County); Delaware County Telephone A Telegraph Co. (Delaware County); Independent Telephone Co. (Lancaster County); Montour A Columbia Telephone Co. (Montour
and Columbia counties); Shamokin Valley Telephone Co. (Northumberland County); Home Telephone Co. (Union County); Schuylkill Telephone Co. (Schuylkill
County); North A West Branch Telepnone Co. (Lycoming County); AltoonaPhoenlx Telephone Co. (Blair County); Central Commercial Telephone Co. (Centre, Clinton. Huntingdon and Clearfield counties); People's Telephone A Telegraph
Co. (Lebanon County), ail in Pennsylvania.
Purchased by Cumberland Valley Telephone Co. and leased to United Company for 999 years: (1) In Pennsylvania Dauphin County Telephone Co. (Dauphin County): Hanover Telephone Co. (York County): Cumberland Valley Telegraph A Telephone Co. (Franklin County); Adams County Telephone Co. (Adam*
County); Southern Pennsylvania Telephone Co. (Cumberland County); Juniata A
Susquehanna Telephone Co. (Perry, Juniata, Mifflin and Snyder counties); (2) In
Maryland Maryland Telephone Co. (Washington County); Boyds Telephone Co.
—
— Montgomery
and Howard counties); Western Maryland Telephone Co.
Winchester Telephone Co. in Frederick, Clarke, Warren and
Shenandoah counties In Virginia and Berkeley and Jefferson counties In West
(Frederick,
(Carroll
County);
(3)
Virginia.
The united system covers the central, southern and southeastern portions of
Pennsylvania, through the Cumberland Valley into Maryland, West Virginia and
Virginia, with main exchanges In Hollidayeburg, Altoona, Bellefonte, Lockhaven,
Jersey Shore, Wiliiamsport, Milton, Lewisburg, Sunbury, Danville, Bloomsburg,
Mlddleburg, Lewistown, MifTlintown, New Bloomfleld, PotUvllle, Mt. Carmel,
Ashland, Tamaqua, Mahanoy City, Shamokin, Lebanon, Lancaster, Ephrata,
Lltltz, Coatesville, Downingtown, Phoenlxvllle, West Chester
Chester, Media,
Norrlstown, Pottstown. Harrisburg, Steelton, Mechanicsburg, Carlisle, Shippensburg, Chambersburg, Greencastle, Gettysburg, Hanover, all in Pennsylvania:
Hagerstown, Westminster, Damascus, Boyds, all in Maryland; Martlnsburg, Charles
Town and Sheoherdstown, West Virginia; and Winchester, Virginia.
Secretary S. R. Caldwell, on April 10 1905, wrote: "From the time of
the purchase of the several plants in 1901 to Jan. 1 1905, the company
has expended for the betterments of the property, extensions of its
and combined system, and the connections by toll lines of its separated parts, upwards of $800,000.
The work of rehabilitation and
reconstruction is practically completed and we now have a modern and
thoroughly well equipped telephone system in successful operation.
During the past year our net earnings over fixed charges show a surplus
of $57,147 (V. 80, p. 1427).
United Telephone & Telegraph Co. Incorporated in Pennsylvania
Jan. 30.1901.
Capital stock, $2,000,000, par, $100; first mortgage
bonds of 1901, $2,000,000 authorized, $1,706,000 sold and $204,500
reserved to cover following underlying bonds, viz.: Shamokin Valley
Telephone Co., $48,500; Montour & Columbia Telephone Co., $40,000;
Schuylkill Telephone Co., $116,000.
(See also V. 78, p. 829).
Cumberland Valley Telephone Co. Incorporated in Pennsylvania
on Nov. 7 1901. Capital stock, $1,000,000 (par S100), of which a part
1st M. of 1902,
is in treasury of United Telephone & Telegraph Co.
$1,500,000 auth., $1,199,000 sold and $95,000 reserved to cover underlying bonds, viz.: Juniata & Susquehanna Telephone Co. $95,000.
(See also V. 79, p. 2752).
Guaranteed by United Telephone & Telegraph Co., the total issue
of $100,000 North & West Branch Telephone Company's bonds.
lines
—
—
Richard G. Park, Philadelphia, Pa., is President; W. D.
Barnard, St. Davids, Pa., Vice-President; and S. R. Caldwell, Philadelphia, Secretary and Treasurer.
New Bonds. The shareholders will vote Sept. 29 upon a
proposed increase of the indebtedness from 32.000,000 to
See also V. 81', p. 564; V. 80, p. 1427.
$2,350,000.
—
—
—
Utah Copper Co. Convertible Bonds. The shareholders
will meet Sept. 5 to sanction an increase in the authorized
from $4,500,000 to $6,000,000; also to authoranissueof $3,000,000 10-year 6% bonds, each for $1,000
capital stock
ize
convertible at the option of the holders within five
years from the date thereof into the stock, each bond into
50 shares of the stock, par value $10.
President C. M. MacNeill in a circular says:
The operations of the company have already demonstrated the great
extent of its ore deposits and the capacity of the present mill is wholly
inadequate to treat the tonnage of ore which it is desirable and pracThe proceeds from the sale of the proposed issue
ticable to produce.
of convertible bonds are to be utilized in the erection of another mill
of a capacity of at least 3,000 tons per day, and the probabilities are
the capacity may ultimately be greatly in excess of said amount; to the
retirement of the present issue of 7 p. c. bonds, amounting in the aggregate to $750,000 (V. 79, p. 906); to providing working capital and for
principal
,
the general purposes of the company in carrying out its enlarged operaThe bonds are to be convertible at the option of the holder at
tions.
any time within five years from their date into the stock of the company
of $20 per share, or 50 shares of the par value of $10 each
rate
at the
It will thus be seen that it is necessary to authorize
for each $1 ,000 bond.
an increase of the stock to provide for the retirement of the bonds.
Under negotiations now in progress the company has assurances of disposing of its bonds when authorized. V. 81, p. 564.
—
—
—
AUG.
—
—
THE CHRONICLE.
12 1905.1
Virginia
&
Rainy Lake Co.
Purchase.
to the "St. Paul Pioneer Press" on
this
—
company "has purchased
— A press despatch
Aug.
1
The (Fommcvcuu Times.
announces thai
for a consideration of nearly
control) of the Rainy
COMMERCIAL EPITOME.
the properties (or the
the
Virginia Lumber Co.
Co.,
$5,000,000
(ill)
Friday Night, Aug. 11 1905.
Encouraging reports of the condition of business have been
As the fall season approaches the activity of
quite general.
buyers is increasing, and in a number of lines they have
begun contracting with some show of freedom against their
Market prices quite generally
prospective requirements.
been firm, and in some instances advances have been
have
Wagner Electric Manufacturing Co., St. Louis. Incrtaw reported paid. Increased activity has been reported from
The shareholders will meet at the office of the iron and steel markets, and reports on the statistical
of Capital Stock.
the company, No. 415 Locust Street, St. Louis, on Oct. 4 situation are construed as showing an improving situation.
1905, for the purpose of voting upon a proposition to in- In usual activity has been experienced in raw sugars, the
Among leading refiner being a large buyer at firm prices for both
crease the capital stock from $500,000 to $S00,000.
the directors are President S. M. Dodd, J. C. Van Blarcom, cane and European beet sugar.
The monthly report of the
James W. Hell, Albert Blair, W. A. Layman. The company Government's Agricultural Bureau reported favorable crop
in January last resumed the payments of dividends (which
prospects and foreshadowed a record-breaking yield from
had been suspended in 1900), making on Jan. 24 a the corn crop. The reports from Portsmouth, N. H., are
quarterly di.-dribution of \% p. c., which, it was stated, interpreted as indicating that progress is being made towards
would be the rate maintained during the year 1905.
peace by the plenipotentiaries of Japan and Russia.
Lard on the spot has had a good sale to both exporters
Wilkesbarre Lace Manufacturing Co. of Wilkesbarre,
being received and refiners. The market has been firm and prices have
are
Pa. Stock Offered. Subscriptions
through the People's Bank and the Wyoming Valley Trust advanced rather sharply. At the higher prices the demand
Co., both of Wilkesbarre, Pa., for $100,000 6 p. c. cumu- appears to be halting. The close was firm at 8.15c. for prime
Western and 7.25c. for prime City. Refined lard has been
An advertisement says:
lative preferred stock.
The only lace curtain plant in the world completely equipped to trans- in fair demand and higher, closing at 8.85c. for refined for
and the Duluth Virginia
Lake
& Rainy Lake RR. The Rainy Lake Co. carries with it the
William O'Brien of
Minnesota hand A Construction Co."
stated,
St. Paul is President, and D. G. Jones of Wausau, it is
Lake
Rainy
Co.
of
the
Treasurer
Virginia
&
and
Secretary
is
See Duluth Virginia A Rainy Lake Ry. in V. 81, p. 558.
—
—
form through a continuous process the raw cotton into a perfected curtain
readv for use; now produces 55,000 pairs of lace curtains weekly. Capital: common stock, $500,000; preferred stock, 6 p. c. cumulative, $500,The common stock has paid semi-annual
000; surplus, $400,000.
dividends of 3 p. c. for many years, and since 1900 has paid 5 p. c. semiPar value SlOOper share. J. W. Hollenback is President;
annually.
Geo. S." Bennett, Vice-President; Clarence Whitman. Treasurer; H. A.
Dunning. Secretary.
—
North Adams. Sale Aug. 23.
this company's plant at North Adams, it is announced, will take place Aug. 23 under order of the bankruptcy court of the Southern District of New York.
Windsor
The sale of
(Print)
Co.,
(Walter A.) Wood Mowing & Reaping Machine Co.,
Hoosick Falls, N. Y. Mortgage. This company, which has
outstanding $2,500,000 stock (all common) par of shares
$100, has made a mortgage to the Security Trust Co. of
Troy, trustee, to secure an issue of $1,500,000 5 p. c. 20-year
gold bonds, to refund about $900,000 of present 6 p. c. bonds
and debentures maturing Dec. 1 next, and to provide about
$500,000 for extensions of the plant and business. The
company was incorporated in 1865 to carry on the business
of manufacturing harvesting machinery established in 1852
by Walter A. Wood at Hoosick Falls, N. Y. It has recently
commenced the manufacture of a full line of harrows and cultivators, the patterns and patent rights for which were purchased from the Buffalo Pitts Company.
—
—
The bonds
are dated June 1 1905 and are due June 1 1925, but are
subject to call on any interest date at company's option at 105; also
Interest payable Dec. 1 and
for [sinking fund at par, $25,000 yearly.
June 1 at office of trustee and at First National Bank, New York. I.'enomination $1,000 and $500.
all
The President is Seymour Van Santvoord; Vice-President
and Secretary, Danforth Geer; Treasurer, L. Carroll Root.
—
The Western Bank Note Co. of Chicago, having recently
sold its building on the corner of Madison Street and Michigan Avenue, in which its offices are located, will, early in
November, remove to the corner of 20th Street and Indiana
Avenue, where it is erecting a handsome five-story and basement brick manufacturing plant, 50x160 feet in size, with
one-story annex 100x160 feet for the printing department.
The company is putting in a most modern and complete
equipment of machinery for engraving, lithographing, embossing, printing, etc., and will be better than ever pro
6ared to execute the highest class of bank and bond work.
[r. H. Victor Keane is President of the Western Bank Note
Co. A new branch office has recently been opened at 515
Equitable Building, Baltimore, under the management of
La Rue R. Coppage.
— T.
A. Mclntyre
&
Co. advertise in this issue a
number
the Continent.
been
fairly
Speculation in |lard for future delivery has
Packers have been aggressive buyers
active.
The close was firm.
prices have advanced.
DAILY CLOSING PRICES OF LARD FUTURES IN CHICAGO.
and
Man.
Sat.
Scpte'ber delivery 7.47>£
October delivery. 7.55
December delivery 7.22 2
y
7.55
7.62^
7.45
Tues.
7.60
7.70
7.55
Wed.
Thvrs.
7.70
7.70
7.77J^
7.62H
Fri.
7.80
7.77H
7.87H
7.60
7.70
Pork has been in fairly active demand and higher, closing
at $14.75 @15. 75 for mess; $13.50 @15. 75 for short clear,
and $16.00 @16. 50 for family. Cut meats have advanced,
and at the higher prices asked buyers are holding back. The
close was firm at 6J^c. for pickled shoulders, 10^@llc.
@10c. for pickled bellies, 16 10 lbs.
for pickled hams and
Beef has been quiet but steady at $8.50 @9.00 for
average.
mess; $10 ©10.50 for packet; $12@12.50 for family and
$17.50 @25 for extra India mess in tierces. Tallow has been
Stearines have been steady,
dull but steady at 4J^c.
closing at 8J/£c. or lard stearine and 8^c. for oleo-stearine.
Cotton-seed oil closed with a firmer tone, with prime yellow
quoted at 30J^ @31c. Butter has been firmer, but yielded
daring the latter part of the week under full receipts. The
close was steady at 17^ @21c. for creamery.
Cheese has
been quiet but steady at 10^ ©ll^c. for State factory full
cream. Fresh eggs have been in fair demand and firm for
desirable grades, closing at 20^@21c. for best Western.
Brazil grades of coffee have been in moderately active
trade demand, and as there has been no especial pressure to
sell, prices have been well maintained, closing at 8^gc. for
Rio No. 7 and 9@9^c. for Santos No. 4.
West India
growths have been in increasing demand and prices have
been firmer, closing at 93^@9%c. for good Cucuta and 11J4
8^
@
©llj^c. for good average Bogota. Speculation in the market for contracts has been fairly active, but it has been
largely transferring holdings of September contracts to the
more distant deliveries. Prices show only slight changes.
The close was slightly easier under liquidation. Following
are the closing asked prices:
Aug
7.00c. Nov
7.25c. March
7.55c.
Sept
7.05c. Dec
7.35c. May
7.70c.
Oct
7.15c. Jan
7.40c. July
7.80c.
Raw
sugars have been firmer and an unusually large volume of business has been transacted at a slight advance in
prices, closing at 4^c. for centrifugals, 96-degrees test, and
3^c. for muscovado, 89-degrees test. Refined sugars has
been fairly active and firm at 5.20c. for granulated. Spices
have been in more active demand and firm. Teas have been
in better demand and steadier.
Kentucky tobacco has been steady at unchanged prices,
with a fair demand for low lugs and common leaf. Seed leaf
tobacco has been fairly active. Samples of new crop tobacco are beginning to be shown and fair sales have resulted
at full prices.
Sumatra tobacco has been more active and
bonds suited to the needs of individWhile the list is composed largely of
steam railroad issues, there is also a block of guaranteed firm. Fairly large sales have been made of Havana tobacco
steel company 5s and a lot of electric railway and lighting 4s, and at firm prices.
tha latter legal for [Conne ti ut Ssvings banks.
Early in the week prices for Straits tin declined. SubseThey are
offered at prices to yield from 3.63 to 4.75 per cent.
Special quently, influenced by stronger foreign advices, the market
circular- and additional information will be furnished on turned firmer, recovering most of the declines.
The close
application to H. C. Wright, in charge of the firm's bond was steady at 32.50@33c.
Ingot copper has been firm
department.
but quiet, closing at 15.40© 15.75c. for Lake and 15.40®
15.75c for electrolytic. Lead has been firm, closing at i.oo©
A. N. Chandler & Co. have issued an interesting cir4.70c.
Pig
Spelter has advanced, closing linn at 5.75c.
cular containing a brief statement in each case regarding a
iron has been in fair demand and firm at $10 (>0<«$16 25 for
long iist of underlying or guaranteed bonds of New Jei
No 2 Northern and $15 50@$15 75 for No. Southern
electric railway companies.
There is also given a Bchedule
Refined petroleum has continued in good demand and linn
showing the growth of population per mile between New
closing
at 6.90c. in bbls., 9.60c. in cases and Ic in bulk.
York and Philadelphia.
Naphtha has been steady at lie. for 71 degrees and lie for
76 degrees.
8. Bache A Co. of New York and Bouston, Pible i
Credit balances have been steady, closing at
of -J?.
Kansas City, .Mo., ofTcr at par and accrued int>
l.27c.
Spirits turpentine has advanced on lighl "it
$500,000 Kansas City (Mo.) Bel
Rosins have been
District 3H% coupon closing steady at (ile. for machine bbls.
gold bonds, issued July 1st of this year and due July 1-t 1925, Bteady, with sales of common and good -trained at *:< ">"> and
with interest payable January and July 1st, and both prin- $3 60.
Wool baa been
Hop.s have been quiet but Bteady.
cipal and interest payable in New York".
in fair demand and firm.
of selected investment
uals or corporations.
—
-'
,
1
THE CHRONICLE.
620
[Vol. Lxxii.
COTTON.
On
Friday Niqht, August 11 1905.
as indicated by our
For the
telegrams from the South to-night is given below.
week ending this evening the total receipts have reached
62,871 bales, against 74,337 bales last week and 97,193
bales the previous week, making the total receipts since the
1st of September 1904 9,912,222 bales, against 7,123,266
bales for the same period of 1903-4, showing an increase
since Sept. 1 1904 of 2,788,956 bales.
THE MOVEMENT OF THE CROP
Receipts at
—
Mon.
Sat.
Galveston
Pt. Arthur, &c
New Orleans..
Mobile
Wed.
Tues.
Thurs.
Fri.
4,363
24,916
3,771
4,686
7,641
3,197
l",722
2, 160
4~217
45
2",339
3",029
l",395
14",862
42
24
5
363
179
179
10,049
1
95
Pensacola, &c.
Savannah
l",l39
3",029
l",284
"15
"26
"347
"43
"•44
Wilmington
Washingt'n,&c
"l53
"73
"6
"52
Norfolk .. ...
"soo
"533
3",606
1~793
Brunswick, &c
Charleston
Port Royal, &c
Newp't N., &c.
New York
Boston
2",
"60
"166
"85
Philadel'a, &c.
18
424
497
"24
"525
"836
"358
l",466
103
150
243
107
"166
186
Baltimore
460
424
134
003
2",
"446
"486
"25
"50
54
at
Great
Brit'n. Fr'nce
—
Ger-
I
New
Orleans.
Galveston
3,795
23,682
Savannah
Charleston
Mobile
Norfolk
Not Cleared
Other
many. Foreign
4,622
6,521
1,700
5,927
4.416
Coastwise.
Other ports..
Total 1905.
Total 1904.
Total 1903.
500
36,377
10,843
1,383
386
Leaving
3,714
1,000
"""40
V.666
3,100
"598
600
500
1,200
13,943
3,061
6,133
—
Total.
276
4,266
267
1,800
New York
for
stock
18,886
38,600
2,700
50,659
33,399
23,811
3,580
1,967
4,797
141,806
14,243
l".840
13,525
13,525
6.300
4,000
18,555
85,851 274,262
8,208 73,340
3,395 203,208
400
2,346i
1.418|
1,4841
927
Total.
1,258
52
Aug. 11
Shipboard.
8",
550
103
310
1,515
107
160
Speculation in cotton for future delivery has been on a
limited scale and no important changes have occurred in
prices.
Outside speculative interests have done comparathe market and the operations of regular
traders have been largely of a scalping character.
Early in
the week, on reports of hot, dry weather in the South,
prices were advanced a few points. Subsequently, however,
advices were received showing good general rains over the
cotton belt east of the Mississippi River, and the private
crop reports during the latter part of the week were of a
tively
in
little
more favorable crop outlook
in this section of the cotton-
growing territory. Reports from Texas were that rains
•Tot. this wk.
7,025
9,43£ 62,871
8,851
8,912 19,359
9,286
were needed. The demand for actual cotton has continued
The following shows the week's total receipts, the total to drag. European buyers, it was stated, were doing pracsince Sept. 1 1904, and the stocks to-night, compared with tically nothing and domestic spinners were light buyers; in
fact, reports cnotinued to be heard that spinners are better
last year.
supplied than it was generally believed.
To-day there was
a quiet market, but on continued dry-weather reports from
1904-05.
1903-04.
Texas there developed limited buying, principally to cover
This Since Sep This Since Sep
Stc ck.
Receipts to
short sales, and prices made a moderate advance, closing
1904.
1 1904.
1 1903.
1905.
Aug. 11.
week.
week
11@13 points up for the day. Cotton on the spot has been
4,511 quiet and closed at 10"75c. for middling uplands.
Galveston .
.. 24,916 2,797,607
1,416 2,341,012 71,999
Port Arthur, &c
290,604
104,029
The rates on and off middling, as established Nov. 18 1903
14~862 2,657,078
New Orleans
1,416 1,997,923 69", 545 26",593
Mobile
363
56
200,084
258 by the Revision Committee, at which grades other than
325,709
3,807
Pensacola, &c
179
15
132,868
205,071
middling may be delivered on contract, are as follows:
Savannah
10,049 1,836,857
424
200,853
497 220,675
_.
Brunswick, &c
Charleston
Port Royal,
&c
Wilmington
Washington, &c
"836
Norfolk. ...
8",550
Newport News, &c.
New York .
Boston
Baltimore
Philadelphia,
1,515
107
&c.
160
691
Y.388
"266
336
18",322
"l",329
106
2,787
5,267
5,149
32",680
5,748 7,123,266 360,113
81,548
483,511
22,144
18,815
32,614
30,640
14,661
1,002
165
35
238
138
5
62,871 9,912,222
Totals
lb",676
3,652
3,580
19
122
784,924
27,424
33,717
81,181
61,848
13,736
310
26",5ll
120,760
155,591
1,290
321,432
143
902
373,914
103
970 1,145,556
148",
2,314
780
Fair
c.
Middling Fair
Good Middling
Good Middling
Strict Low Middling
Low Middling
Strict
Strict
Good Ordinary
Good Ordinary
Strict Good Mid. Tinged
On
Galv'n, &c.
24,916
14,862
363
10,049
497
NewOrleans
Mobile
Savannah.
1901.
1,416
1,416
56
25
488
4,232
1,515
1
970
2
2
4
21
1,094
121
1900.
285
186
849
39
466
6
510
171
4
.
135
122
334
1,261
103
2,695
461
693
4,028
146
1,038
wk
62,871
5,748
1,113
9,441
12,020
3,512
Wilm'n.&c.
836
8,550
Norfolk
N.News, &c.
All others.
Since Sept.
43
9,912,222 7,123,266 7,637,441 7,463,944 7,535,366 6,540,028
The exports
week ending
evening reach a total
of 73,889 bales, of which 24,711 were to Great Britain, 5,985
Below
to France and 43,193 to the rest of the Continent.
are the exports for the week and since Sept. 1 1904:
for the
Week
Exports
Irom
ending Aug. 11 1905.
Exported to
Great
Britain Fr'nce
Galveston
Pt. Arthur, &c.
New Orleans.
Mobile
Pensacola, Ac-
13,703
3"360
Savannah
Brunswick
Charleston
Continent.
this
From
Sept.
Norfolk
NportNews,&c
New York
Boston
265
369
886 5,985
4.774
13,456 27,1591,275,195 284,532
61,385
i',512
4,8721,106,271 364.222
73,683 40, NIK
115,724 22,172
14.9S4 14,984 275,817 51,489
159,472
3,379
6,051
6,051
""159
265
528
590
13,112
5,364
200
1,554
6,241
Baltimore
Philadelphia ..
San Fran., Ac-
Total
Total 1903-04.
1,354
1
Britain. France
Port Royal
Wilmington
1904 to Aug
11 1905.
Exported to
Great
Total
1
Continent.
9" 654
172",896
8,407
2,438
259,146
15.285
41,003
4,781
313.971
1,531
Total.
684,716 2,244,443
102,298 163,683
934,434 2,404,927
61,023
182.109
62,828 200,724
939,330 1.266,636
6,946 166,418
74.617
77,996
14,116
21,623
100
331.922 45,960
203,789
138,320
5,624
62,845
182,549
Low
off
Middling Tinged
off Strict Good Ord. Tinged
off Middling Stained
off Strict
Mid. Stained
Low
on Low Middling Stained
this basis the official prices for a
week would be as follows:
UPLANDS.
off
off
off
off
off
off
off
off
few of the grades for
Sat.
Mon.
Tues.
Wed. Thurs.
9.75
10.37
10.75
11.19
11.71
9.85
10.62
10.85
11.29
11.81
9.85
10.47
10.85
11.29
11.81
9.85
10.47
10.85
11.29
11.81
Sat.
Mon.
Tues.
Wed. Thurs.
Middling..
Middling
Good Middling .
Middling Fair.
10.00
10.62
11.00
11.44
11.96
10.10
10.72
11.10
11.54
12.06
10.10
10.72
11.10
11.54
12.06
10.10
10.72
11.10
11.54
12.06
10.00
10.62
11.00
11.44
11.96
10.00
10.62
11.00
11.44
11.96
STAINED.
Sat.
Mon.
Tues.
Wed.
Thurs
Fri.
9.35
10.35
10.51
10.85
9.25
10.25
10.41
10.75
Low Middling
Middling
Good Middling
Middling Fair
GULF.
2,717
2,852
25
1,873
25
112
143
19
1,002
165
561
Ch'ston,&c.
Tot. this
1902.
1903.
1904.
0.06
0.12
0.34
0.50
0.84
0.50
1.06
1.50
the past
Good Ordinary
1905.
Even
on Strict Middling Tinged
on Middling Tinged
on Strict Low Mid. Tinged
1,450
In order that a comparison may be made with other years,
we give below the totals at leading ports for six seasons.
Receipts at
on Good Middling Tinged
1.30
0.96
0.62
0.44
0.14
0.38
0.72
1.00
0.30
305"099
24,054
24,161
637.028
219,074
185,547
67.626
313.971
24,711 5,985 43,193 73. 8S9 4,013.505 844,672 3.6S5, 319 8,543.496
200 5,141 13.34S 2,555,740 706,361 2,748,8706,010,971
8.007
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
We add similar figures for
cleared, at the ports named.
New York, which are prepared for our special use by Messrs.
Lambert & Barrows, Produce Exchange Building.
Good Ordinary.
Low
Low
Middling
9.25
Middling
10.25
Strict Low Middling Tinged 10.41
10.75
Good Middling Tinged
9.35
10.35
10.51
10.85
'
9.35
10.35
10.51
10.85
I
<
.
|
Fri.
9.75
10.37
10.75
11.19
11.71
9.75
10.37
10.75
11.19
11.71
I
!
Fri.
9.25
10.25
10.41
10.75
The quotations for middling upland at New York on
Aug. 11 for each of the past 32 years have been as follows:
1881. c.12
1897. c. 8
1889. c. 11 5-16
1896... 8 1-16
1880...11 9-16
1888.. .11 5-16
1895... 7 3-16 1887... 934
1879.. .113^
1903.--12.75
1894... 6 15-16 1886... 9}4
1878. ..12
1902... 9
1893. .. 7 11-16 1885... 10^
1901... 8
1877...11H
13-16
1892...
1876. ..12 5-16
1884..
.10
1900.. .10^
7\i
1891... 8%
1883... 10M
1875.. -14^g
1899... 6H
1890. ...12M
1882. ..13
1874.. .17
1898. .. 6 1- 16
Note— On Oct 1 1874 grades of cotton as quoted were changed.
According to the new classification Middling was on that day quoted
%c. lower than Middling of the old classification.
1905.cl0.75
1904. ..10.65
MARKET AND
SALES.
The total sales of cotton on the spot each day during the
week are indicated in the following statement. For the
convenience of the reader we also add columns which show
at a glance how the market for spots and futures closed on
same days.
Futures
Spot Market
Market
Closed.
Closed.
Sales of Spot
Speculation
Saturday. . Quiet 5 pts. adv. Quiet
Quiet 10 pts. adv. Steady
Monday
.Steady
Tuesday .. Quiet
Steady
Wednesday- Quiet
Thursday . Quiet 10 pts. dec.iSteady
[Steady
Quiet
Friday
.
Contract.
44
104
104
Total.
37
37
i
Total
Consum' n.
and Contract.
1,500
"32
"Is
300
100
131
1,900
1,544
104
32
300
118
2,135
V
.
Aug.
THE CHRONICLE.
12 1905.1
FUTURES.— Highest,
lowest and closing prices at
New
York.
(>*!
AT THE INTERIOR TOWNS
* &: S k
o-~^ s | ojc= Q»l
Qf3^ QW?QWg
o &c P o c p k c p
>J
1
week and
ft;
o£ eP? op
2»
£» w.»
«;
e>
corresponding period of the previous year
detail below.
t;
i
«.»
w.™
'
n,9
^,
1
movement— that
the
'
is
the
week and
since Sept. 1, the shipments for the
the stocks to-night, and the same items for the
receipts for the
"7
.
—
set out in
is
I
^ H
CO
Ol
>-*
H-»
~4~J*-<IC0>-'>->i^*-t0i-'t00>00OiO<]Cn*.<0
*.0l*.OtO00K3O-.
C. 00O51-'
»JIOtO-*I-4©00CT>O>C". ,**WC50^1<0(OCC>f^.satO--l©Cn~J50©W-J«o<lOOOOO
!
I©
I©
I©
I®
_
—
f
I
I®
—
O
oo
o
I©
I
I
I
o
o
—
I®
^
I©
OTH-ooto*.i— oo©to>—>-j >-'>->tooo<ocoto^j<joa>C".
~1
i
I
,_,!
I
I
in
00
i
Cn
to-night, as made
up by cable and telegraph, is as follows. Foreign stocks,
as well as the afloat, are this week's returns, and consequently all foreign figures are brought down to Thursday
But to make the total the complete figures for
evening.
we add the item of exports from the
to-night (Friday)
United States, including in it the exports of Friday only.
1905.
1904.
1902.
1903.
August 11—
bales. 731,000
504,000
Stock at Liverpool
292,000
329,000
,
Total Great Britain stock...
Stock at Hamburg
Stock at Bremen
Stock
Stock
Stock
Stock
Stock
Stock
at Antwerp
at Havre
at Marseilles
at Barcelona
at Genoa
at Trieste
Total Continental stocks
18,000
52,000
26,000
24,000
19,000
34,000
18,000
801,000
14,000
200,000
1,000
75,000
3,000
20,000
9,000
3,000
342,000
43,000
95,000
4,000
95,000
4,000
23,000
10,000
18,000
382,000
34,000
98,000
4,000
91,000
3,000
14,000
19,000
16,000
522,000
20,000
68,000
3,000
95,000
3,000
28,000
16,000
9,000
325,000
292,000
279,000
212,000
Total European stocks
1 126 ,000
India cotton afloat for Europe. 134,000
for
Europe.
Amer. cotton afloat
226,000
Egvpt, Brazil, <fcc.,aflt.for E'pe
33,000
Stock in Alexandria, Egypt. ..
59,000
Stock in Bombay, India
712,000
Stock in U. 8. ports
360,113
Stock in U. S. interior towns.. 129,901
U. S. exports to-day
8,365
,
634,000
68,000
49,000
20,000
69,000
376,000
81,548
64,485
100
661,000
90,000
31,000
11,000
8,000
473,000
206,603
14,613
764,000
24,000
83,000
13,000
47,000
366,000
155,068
60,009
700
—
Liverpool stock
Manchester stock.
Continental stocks
.
654,000
45,000
290,000
226,000
360,113
227,000
30,000
193,000
31,000
206.603
14,613
415,000
interior stocks
129,901
exports to-day
8,365
189,000
17,000
177,000
49,000
81,548
64,485
100
1,713,379
578,133
702,216
906.777
77,000
18,000
7,000
35,000
134,000
33,000
59,000
712,000
103.000
26,000
7,000
115,000
68,000
20,000
69,000
376,000
102,000
19,000
4,000
86,000
90,000
11,000
8,000
473,000
89,000
18,000
47,000
300,000
1,075,000
1,713,379
7S 1,000
578,133
793,000
702,216
606,000
906,777
American
rj,S.
bales.
afloat for
Europe...
tOCk
Total American
East Indian. Brazil, &c.
Liverpool stock
Ion stock
Manchester stork
Continental stocks
—
afloat for Europe
r>t, Brazil, &c, afloat
St ooc in Alexandria, Ktr.-pt...
Stock in Bombay, India
:a
Total East India,
Total American
&c
[
i
i
.
OlJ
©COtO COCO h-tO
©
0>CiOOi*CDOO*COhWoi
-~li
aOOHOMMOtHCOQi
i-
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wcnoowtotoi—toi-'coototooi
i
i
i
i
I
to
"
Cji
i
<d en
O0Oi*.>tHO
to
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>t» "go *-•
o co co co d
•-
]
bi
O
0> to Cn O Oi
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Oi
>^ ~J to
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to
tocnwen>-»ooao«oa> to to oo
tOCO»JGOCOOO*»COtDCOC?>0©tO»JOiCOIs3CCit.tO©>COiH-Cni-'~J
The above totals show that the interior stocks have decreased during the week 12,294 bales, and are to-night 65,416
bales more than same period last year. The receipts at all the
towns have been 26,116 bales more than same week last year.
OVERLAND MOVEMENT FOR THE WEEK AND
SINCE SEPT. 1.— We
Total visible supply
...2,788,379 1,362,133 1,495,210 1,512,777
Of the above, totals of American and other descriptions are as follows:
American
Ol>
Cm
THE VISIBLE SUPPLY OF COTTON
Stock at London
Stock at Manchester
<xxa co >— co co ck oo to *
_^
©
o
to
I®
VobHMV*MV»"^VabbbVooVcnVtn«)Vot»!obibVobro
ooji- *.*.-aoiwco*.©Cia>h-^MaooiCoo~j^j<o<otoo~ja3Cocoi-'(0'3>
193,000
83,000
l.V>,0»;,S
60,009
700
49,000
give below a .statement showing the
week and since Sept. 1, as made
up from telegraphic reports Friday night. The results for
the week and since Sept. 1 in the last two years are as follows:
overland
movement
for the
-1903-04Since
-1904-05Since
Week
Sept. 1.
620,242
7,485
August 11.
Shipped
Via St. Louis
Via Cairo
Via Rock Island
Via Louisville
Via Cincinnati
Via other routes, &c
—
610
92
259
135
979
332,294
53,111
103,101
60,550
354,445
Week.
Sept. 1.
2,000
571
516,202
254,739
13,731
122,042
32,220
196,042
"221
Total gross overland
9,560 1,523,743
Deduct shipments
Overland to N.Y., Boston, &c 2,092
190,482
Between interior towns
55
36,656
Inland, &c, from South
741
60,790
—
2,792 1,134,976
546
1,618
96,730
31,404
101,660
287,928
2,104
229,794
Leaving total net overland.a.. 6,672 1,235.815
628
905,182
Total to be deducted
a Including movement by
2,888
rail
to Canada.
The foregoing shows that the week's net overland movement this year has been 6,672 bales, against 628 bales
for the week last year, and that for the season to date the
aggregate net overland exhibits an increase over a year ago
of 330,633 bales.
1903-04
1904-05
In Sight and Spinners'
Since
Takings.
Week.
Sept. 1.
Receipts at ports to Aug. 11. -. 62,871
9,912,222
NTetoverlandtoAug.il
6.672
1,235,815
SouthernconsumptioiiAug.il. 44,000 2,108,000
Since
Week.
S(
5.74s
7,123,
26,000
."/.
1
1,998,000
;
:
1
Total marketed
Interior stocks in excess
Came
into sight during
Continental imports past week have been 58,000 bales.
a3,l
10.079,331
13,324,278
North, spin's' tak'gs to Aug. 11 19,944
52,883
28,903
week. 101,249
TotalinsightAug.il
Total visible supply
2,788.379 1,362,133 1,495,216 1,512,777
Middling Upland, Liverpool...
5.81 d.
lOd.
4 27-32d.
Middling Upland, New York ..
12
9c.
10.76c.
10.56c,
nt Good Brown, Liverpool. 8 9-16d. 7 15-16d. 9 15-18d. 7 13-10d.
Peruv. Rough Good, Liverpool
9.80d.
10.50d.
9.00d.
76.
Broach Fine, Liverpool. .
4 9-16d,
hY*<\.
Tinnevelly Good, Liverpool... 5 9- led.
4 0-10d.
5 7-16d.
Btfd.
.448
..113,543 13,256,037
68,2 11
al2,294
8,479
2,317,456
2,110,857
a Decrease during the week.
Movement
Week
—
into sight in previous yea
lin
1903— Aug.
.
1901 —Aug.
1 9 00— A u g
.
14
16
it;
17..
Sept.
1—
Daks.
20,0191 1'"
16
45,821 1901-02
v
16
41,031 1900 01
81,187 1899-00— Aug. 17
I
I
10,673,787
.10
10,847,782
9.1 16. 073
THE CHRONICLE.
622
QUOTATIONS FOR MIDDLING COTTON AT OTHER
MARKETS. — Below are closing quotations of middling cotton at Southern and other principal cotton markets for each
day of the week:
Closing
Quotations
for
Middling
Cotton
on
—
Week ending
Aug. 11.
10%
Galveston
New
Monday. Tuesday. Wed' day Thursd'y Friday.
Sal' day.
Orleans. 10 7-16
10%
10%
Mobile
Savannah
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10.85
11.00
11.10
10.85
10.88
11.00
10.75
10.88
11.00
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10 9-16
10 9-16
Wilmington..
10%
10H
10%
Boston
Baltimore
10.70
10.75
11.00
10 9-16
10.75
10.75
11.10
10.85
10.88
11.10
10 11-16
Philadelphia
Augusta
.
10%
\0%
10%
10%
10%
10%
St. Louis
10%
Houston
10%
Little Rock.. 10%
Memphis
10%
10%
\0%
10%
10 9-16
NEW ORLEANS OPTION MARKET.— The highest, lowand closing quotations for leading options in the New
Orleans cotton market the past week have been as follows:
est
Aug.
August
5.
Monday, Tuesday Wedday, Thursd'y, Friday,
Aug. 7. Aug. 8. Aug. 9. Aug. 10. Aug. 11.
—
10.45-. 50 —
10.48-.55 — @ — 10.41-.43 10.47-.48
Range
10.40-.45 10.50-.53 10.59-.60 10.54-.55 10.51-.54 10.50
Closing
September—
—
10.39-.53 10.49 — — @ — — @ — 10.47- — —
Range
.52
_
—
Range
Closing
10.49-.51 10.51-. 54 10.64-.66 10.59-.65 10.52
10.50-.54
Octobei
Closing
—
Range
Closing
January—
Range
Closing
Tone—
10.47-.62 10.52-.66 10.59-.74 10.65-.83 10.48-.64 10.54-.65
10.74-.75 10.68-. 69 10.61-.62 10.62-.63
10.58-.59 10.62
—
December
Spot
Options
•
10.51-.67 10.57-.72 10.64- .80 10.70-.90 10.55-.68 10.60-.70
10.63-.64 10.67-.68 10.79- .80 10.73-.74 10.66-.67 10.67-.68
10.61-.71 10.74-.77 10. 74-. 82 10.77-.94 10.62-.75 10.69-. 77
10.70-.71 10.74-.75 10.86- .87 10.79-.80 10.75-. 73 10. 74-. 75
Steady.
Steady.
Quiet.
Quiet.
Steady.
Steady.
Firm.
Quiet.
Steady.
Steady.
— We have had heavy rain on one day
of the week, the rainfall being
two inches and ninety-seven
hundredths. The thermometer has averaged 82. ranging
from 69 to 95.
Palestine, Texas.
We have had rain on two days of the
past week, the rainfall being sixty-six hundredths of an
inch.
The thermometer has ranged from 70 to 94, averaging 82.
Paris, Texas.
The week's rainfall has been eighty-three
hundredths of an inch, on one day. Average thermometer 85, highest 100, lowest 69.
•San Antonio, Texas.
We have had rain on one day during
the week, to the extent of ten hundredths of an inch. The
thermometer has averaged 85, the highest being 100 and the
lowest 70.
Weatherford, Texas. We have had rain on one day during
the week, the rainfall reaching eighteen hundredths of an
inch.
The thermometer has averaged 83, ranging from
66 to 100.
New Orleans, Louisiana. We have had rain on three days
during the week, the rainfall being forty-nine hundredths of
an inch. The thermometer has averaged 83.
Shreveport, Louisiana.
The week's rainfall has been
thirty-six hundredths of an inch, on two days.
Average
thermometer 84, highest 97, lowest 71.
Helena, Arkansas.
Crops are doing well, the rain coming
as needed.
First open boll was received on the 9th.
There
has been rain on two days during the week, the precipitation
reaching one inch and twenty-four hundredths. The thermometer has averaged 80.3, the highest being 92 and the
—
—
—
—
10%
The closing quotations to-day (Friday) at other important
Southern markets were as follows:
10% Natchez
Atlanta
10% Louisville
10%
10% Raleigh
Col'bus, Ga_.
10% Montgomery .
10%
10% Nashville
10% Shreveport
Col' bus, Miss.
Sat' day.
Nacogdoches, Texas.
LXXXI
—
Charleston
Norfolk
j'Voi.
Quiet.
Quiet.
WEATHER REPORTS BY TELEGRAPH.— Reports
—
—
lowest 71.
Little Rock, Arkansas.
—
Weather good for cleaning and
maturing of crops. We have had no rain during the week.
The thermometer has averaged 83, ranging from 71 to 95.
Memphis, Tennessee. Cotton condition good. First open
boll received on Thursday.
We have had rain on three days
of the past week, the precipitation reaching three inches
and fifty-four hundredths. The thermometer has ranged
from 67.2 to 93.4, averaging 79.8.
Nashville, Tennessee.
Cotton is doing fairly well. The
week's rainfall has been one inch and seventeen hundredths.
Average thermometer 82, highest 95, lowest 68.
Mobile, Alabama.
The crop is making fair progress,
though 1here are some complaints of rust and shedding.
There has been rain on four days during the week, the precipitation reaching two inches and thirteen hundredths.
The thermometer has averaged 81, the highest being 92 and
—
—
—
the lowest 71.
—
Montgomery, Alabama. Cotton is improving on lowlands,
but on uplands is shedding some. Prospects, however, conwhole of a satisfactory character. Rain has fallen in almost tinue satisfactory. We have had rain on
two days during
all localities but the precipitation has been light as a rule.
the week, the rainfall reaching one inch and thirty-five
In Texas cotton is reported to be improving slowly although hundredths. The thermometer has averaged 81, ranging
there are complaints of dry weather in the southern portion from 68 to 96.
Madison, Florida. It has rained on three days of the
Elsewhere the crop is doing well in the main. week, the rainfall reaching two inches
of the State.
and fifty hundredths.
New bales are moving quite freely.
Average thermometer 80, highest 91, lowest 69.
Smyrna, Georgia. We have had rain on four days of the
Galveston, Texas.
In general the cotton crop of Texas is
improving slowly, but there are complaints of dry weather past week, the rainfall being two inches and sixty-one hunfrom the Southern portion of the State. Rain has fallen on dredths. The thermometer has ranged from 66 to 94,
two days of the week, the rainfall being one inch and twenty- averaging 78.
Augusta, Georgia. It has rained on four days of the week,
seven hundredths. The thermometer has averaged 83, the
the precipitation being four inches and fifty-four hundredths.
highest being 91 and the lowest 75.
Abilene, Texas.
There has been rain on one day of the Thermometer has averaged 81, the highest being 99 and
week, rainfall reaching ten hundredths of an inch. The the lowest 68.
Savannah, Georgia. We have had rain on three days of
thermometer has averaged 81, ranging from 66 to 96.
Brenham, Texas. It has rained on two days during the the week, the rainfall being one inch and thirty-two hunweek, the rainfall being twelve hundredths of an inch. The dredths. The thermometer has averaged 81, ranging from
70 to 93.
thermometer has ranged from 72 to 95, averaging 84.
Stateburg, South Carolina.
Corpus Christi, Texas. There has been light rain on two
Plentiful and very beneficial
days during the week, the precipitation reaching eight hun- rains have fallen on four days of the week, the precipitation
dredths of an inch. Average thermometer 83, highest 90 reaching three inches and ten hundredths. The thermometer has averaged 81, ranging from 68 to 97.
and lowest 76.
Charleston, South Carolina.
Cuero, Texas.
We have had showers on two days during
It has rained on three days
the week, the rainfall being seventy-four hundredths of an of the week, the rainfall reaching one inch and nine huninch.
The thermometer has averaged 87, the highest being dredths. Average thermometer 80, highest 90, lowest 72.
Charlotte, North Carolina.
The week's rainfall has been
100 and the lowest 74.
Fort Worth, Texas. It has rained on one day during the five inches and twenty-nine hundredths, but no damage so
week, the rainfall being two hundredths of an inch. The far reported. The thermometer has ranged from 66 to 96,
averaging 78.
thermometer has ranged from 68 to 98, averaging 83.
The following statement we have also received by teleHenrietta, Texas.
Rain has fallen during the week to the
extent of sixty-five hundredths of an inch, on two days. graph, showing the height of the rivers at the points named,
Average thermometer 85, highest 103 and lowest 66.
at 8 a. m. of the dates given the last two years:
Kerrville, Texas.
Rain has fallen during the week, to
Aug. 11 1905. Aug. 12 1904.
Feel.
Feet.
the extent of fifteen hundredths of an inch, on one day.
Orleans
Above
zero of gauge.
New
12.0
6.7
The thermometer has averaged 83, the highest being 99 and Memphis
Above zero of gauge.
15.0
7.5
to us
by telegraph from the South
this evening are
on the
,
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
the lowest 66.
Rain has fallen on one day during the
Huntsville, Texas.
week, to the extent of ten hundredths of an inch. The
thermometer has averaged 85, ranging from 69 to 100.
Lampasas, Texas. We have had rain on two days during
the week. The rainfall reached twenty-five hundredths of
an inch. Thermometer ranged from 65 to 99, averaging 82.
Longview, Texas.
It has rained on three days of the week,
the rainfall reaching eighty-two hundredths of an inch.
Average thermometer 85, highest 100, lowest 70.
We have had rain on one day during the
Luling, Texas.
week, with rainfall of thirty-two hundredths of an inch.
The thermometer has averaged 86, the highest being 98 and
the lowest 73.
—
—
—
—
Nashville
Shreveport
Vicksburg
Above zero
Above zero
Above zero
of gauge.
of gauge.
of gauge.
8.1
18.5
26.1
2.9
5.1
15.2
FIRST BALE OF SEA ISLAND COTTON.—The
first
bale of Sea Island cotton of the crop of 1905-6 was received
at Savannah, Ga., on Tuesday, August 8th, from Alachua,
It had lj^-inch staple and graded fancy.
Florida.
Last
year the first bale of Sea Island cotton reached Savannah
on August 13 from Adel, Ga.
&C—
There has been little
JUTE BUTTS, BAGGING,
doing in the market for jute bagging during the week.
Stocks are exhausted and all manufacturers are well sold
ahead. Prices are 8c. for \% lbs. and 834c. for 2 lbs.,
standard grades.
———
:
.
THE CHRONICLE.
and
—
ALL TORTS —
shows improvement
A.UG. 12 1905.]
MOVEMENT FROM
INDIA COTTON
Bombay and
the shipments from all
and for the season from Sept. 1 for
The receipts of cotton at
India ports for the week
three years have been as follows:
Receipts at
—
Sept.
Week.
For
Sept.
Week.
the
Week.
i.
Sept.
I.
6.000 2.466.000
7,000 2,119.000
17.000 2.675,000
Bombay
Since
Since
Week.
l.
Since September
1.
Exports
',rom
—
Great
Britain
Great
Brita in
Continent.
Total.
11,000
11,000
ContiTotal.
nent.
Bombay
1904-05
1903-04
1902-03
Calcutta
1904-05
1903-04
1902-03
..
..
..
1
1
,000
,000
..
..
..
..
.
.
,000
.000
22,000
94,000
77,000
444,000
861,000
904,000
466,000
955,000
981,000
1,000
2,000
3,000
3,000
4,000
5,000
43,000
48,000
48,000
46,000
52,000
53,000
1
1
1.000
2,000
3,000
Madras
1904-05
1903-04
1902-03
All others
1904-05
1903-04
1902-03
..
..
..
1,000
..
..
..
Total all—
1904-05 .
1903-04 .
1902-03 .
3,000
3,000
2,000
3,000
1,000
2,000
5.000
4,000:
13,000;
8,000
15,000
13,000
17,000
5.0001
1,000
16,000
3,000i
1S.000I 21,000
6,000
14,000
20,000
15,000
40,000
28,000
3,000
12,000
9,000
236,000
286,000
183,000
13,000
22,000
33,000
—Through
18,000
52,000
37,000
249,000
309,000
216,000
41,000! 738,000
779,000
132,000' 1,235, 000 1,367,000
124,000 1 ,163,000 1 .287,000
years.
Alexandria, Egypt,
1904-05.
9.
1903-04.
1902-03.
Receipts (cantars a)
This week
Since Sept.
300
1,100
6,461,423
6,233,343
1
51
5,741,607
—
Exports (bates)
To
To
To
To
Since
Sept.
1
1
;
This
Since
week. Sept. 1.
This
Since
week. Sept. 1.
3,750 231,935
3,750 156,249
10,250 342,035
... 3,000 78,350
2,750,241,217
137,517
5,000 357,250
400 53,174
2,836 207,292
1,332 146,418
1,564 326,508
1,100 83,725
Total exports
... 20,750 808,569
a A cantar is 98 lbs.
8,150 789,158
6,832 763,943
Liverpool
Manchester
Continent
America
MANCHESTER MARKET.—
Our report received by
cable to-night from Manchester states that the market is
firm for yarns and steady for shirtings.
Merchants are
buying very sparingly.
give the prices for to-day below
and leave those for previous weeks of this and last year for
We
comparison.
1905.
8K
Twist.
8J4
9
21
9
28
hli
Aue.
4
Mid
Vn's.
d.
7
14
U
Cofn
SMrt-
ings, common
to itncst.
32s Cop.
JuK
1904.
H>s.
mt
<•-.
SH
4
4
8
8
@7 8H
@7 8H
32s Cop.
Twist.
8X
16s.
ings,
Corn
Shirt-
common
.)f>d
p's.
L
to lines!
d.
d.
d.
6.01 8»/i
5 82 9
&i9%
5i91 814
G.01 8 11-16@9H
s.
5.87 8}
5.81 8>
5
d.
d.
a.
d.
5 10
9
6.36
5 11
10H! 6.72
6.32
5 9H<a>S 9
5 9
7Hi 6.18
5
@8
@8
@8
,
I
i
6.02
6.10
8
8
GOVERNMENT WEEKLY COTTON REPORT.— Mr.
James Berry, Chief of the Climate and Crop Division of the
United States Weather Bureau, made public on Tuesday
the telegraphic reports on the crop in the Southern States
for the week ending August 7 as follows:
Worth Carolina. Cotton in west and central districts generally doing
well, some not fruiting satisfactorily and is rusting and shedding; in east
portion cotton is poor and turning yellow in sections.
South Carolina. Cotton deteriorated over whole State, due to rust,
and plants are turning yellow and shedding leaves, squares and young
bolls, some damaged by insects, opening in southern counties, first bale
finned on 1st.
Georgia.
Crops seriously injured bv drought; cotton deteriorating,
badly da.naeed by rust, complaints of black root and shedding of forms,
leaves and young bolls continue, picking begun in southern section.
Florida.
Heavyto damaging rains over greater part of State, causing
much damage to cotton, which is shedding and rusting badly on
lands crop deteriorated generally, picking and other work delayed.
Alabama. Cotton fruiting well in northern and eastern conn
though still deteriorating over half the State, rust prevalent and shedd, opening slowly, picking started, first bale marketed on 3d.
ietipfi.
Cotton generally improving slowly and making good
powth, early fruiting better, bolls opening in south- late cotton small,
but doing fairly well, some laid bv in grassy condition, rust, shedding,
—
—
—
—
—
1
—
and
worms damaeine
in eaM
Cultivation of crons pushed rigorously; cotton improved
where cultivated prior to late rains, tint much of crop is in bad co
and is not growing, fruitine poorly, boll-weevil damaging crop in extreme
wen, scattered complaints of rust, shedding and caterpillars.
Cotton much improved northeast, but average condition not
muchif^'u
changed elsewhere; cotton has deteriorated slightly in some counties, cultivation active in northeast and crop is fair where clean, shedding in many localities, boll-weevil and boll-worm doing consldi
damage In localities, but drv weather reduced numbers; picking ge:
in south and some central count
boll
Louisiana.
—
—
.
is
•
•
grassy and
as follows:
Cotton shows some improvement in Tennessee, western North Carolina, northern Alabama, Mississippi Arkansas, Oklahoma and Indian
Territories, northeastern Texas and portions of Louisiana, but elsewhere
over the cotton belt the crop has deteriorated. The prevalence of rust is
very generally reported from the eastern districts, and also from portions
of the central and western districts.
Koll-weevils and holl-wormsiare
doing considerable damage in Texas and western Louisiana, but in the
lirst-named State they are less numerous.
Picking is general in southern
Texas and in some central counties of that State, and has commenced
over the southern portion of the eastern districts.
COTTON CROP CIRCULAR.— Our
Review
will
Annual Cotton Crop
form about Wednesday,
be ready in circular
Parties desiring
Sept. 6.
their business card
the
circular in quantities, with
printed thereon,
should send in their
orders as soon as possible, to ensure early delivery.
SEA ISLAND COTTON MOVEMENT.— We
have
re-
ceived 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 (Aug. 11)
and since Sept. 1 1904, the stocks to-night and the same
items for the corresponding periods of 1903-04, are as follows:
1904-05.
Receipts to
Aug. 11.
This
wetk.
52
Ac
Florida,
Total
The exports
bales,
for the week
of which
1903-04.
Since
Sept.
1.
This
week.
146
"29
54.136
12.189
32,912
81
99,237
146
Stock.
Since
Sept. 1.
1905.
1904.
48.885
9.357
17.494
2,450
7.465
30
773
1.430
75,736
3,253
8.979
94
ending this evening reach a total
bales were to Great Britain,
to France and
to Bremen, and the amount forwarded to Northern mills has been 284 bales. Below are the
exports for the week and since Sept. 1 in 1904-05 and 1903-04.
Week Ending Aug.
11.
Since Sept.
1
1904.
Northern
MUii
Exports
from —
Great
Britain.
This
week.
it
These reports on cotton are .summarized by the Depart-
of
August
i
arrangements we made with Messrs.
Choremi, Benachi <fe Co., of Alexandria, we now receive a
weekly cable of the movements of cotton at Alexandria,
Egypt. The following are the receipts and shipments for
the past week and for the corresponding week of the previous
two
—
ment
ALEXANDRIA RECEIPTS AND SHIPMENTS OF
COTTON.
—
Missouri. Cotton good, except on lowlands, where
turning yellow.
1902-03.
1903-04.
Sine*
Cotton small
not fruiting well, being injured locally^by
generally.
Cotton improving and fruiting better.
Tennessee.
Oklahoma and Indian Territonee.— Fair and hot, with heavy rains on
'Hi, caused cotton to improve to fair to good condition and fruit and boll
Arkansas.
but
insects,
better.
1904-05.
August 10.
(123
Savannah
Charleston,
Florlda, Ac
Fr'nce,
dec.
Total.
Ac.
New York
Boston
Great
Fr'nce,
Britain.
&c.
Total.
10.276
4,466
14,742
296
20
316
14",656
2"§99
17",665
4,163
Philadelphia
JUTE
"794
"794
30,058
24.411
7.485
7.132
37,543
31,543
CROP OF BENGAL.—Preliminary
Season 1905.
—Under date
Week. Sept.
1.
256
31.411
"29
26.948
284
684
59.906
36.320
1.647
4,163
667
667|
Total
Total 1903-04...
Since
Forecast,
of Calcutta, July 13, the Depart-
ment
of Land Records and Agriculture issued the preliminary
forecast of the jute crop of Bengal for the season of 1905,
which was in part as follows
The area under jute last year, as worked out by Mr. Maddox, was
2,850,000 acres.
(The detailed district returns according to the figures which he accepted came to 2,850,900).
In the present season the
district returns show an area of 3,161,400 acres.
In arriving at this
figure I have reproduced the area reported by the District Officers, except in the case of Rangpur.
It will be remembered that in 1904 the
Collector of Rangpur estimated the jute acreage of his district at 428,900
but Mr. Maddox reduced the figure to 387,000. The earlier reports
from this district for the current year pointed to a figure approximating
to the Collector's figure of 1904.
1 have, however, received a telegram
from the Collector yesterday in which he places the acreage for the current year at 366,900.
I have myself visited the district in May and
have made inquiries from a number of cultivators. I cannot but think
that the Collector's present estimate is somewhat below the mark.
On
the whole it will, I think, be safe to take the figure of Mr. Maddox,
namely 387,000, until further information can be obtained. Turning
to the outturn per acre, I find that the district figures work out to between 86 and 87 per cent. The important districts of Mysensing and
Purnea report full outturns per acre, Tippera 90 per cent per acre, Decca
and Pabna, 80 per cent, and Rangpur only 66 per cent. On the one
hand the tendency to under-estimate must be discounted, and on the
other hand the damage done by caterpillars in certain districts, after the
preparation of the returns, must be taken into consideration.
On the
whole I think it safe to take 87 per cent as the provincial outturn per
acre.
This is slightly larger than the figure accepted by the district last
season, and the general similarity between the climatic conditions of the
two seasons points to a somewhat similar outturn per acre. To sum
up, if the climatic conditions of July, August and September 1904 are
approximately reproduced in 1905, we may expect an outturn per acre in
the current year 2 per cent greater than the outturn per acre of the preceding year; but the area under jute will be 11 per cent greater.
NEW YORK COTTON EXCHANGE.— By a
vote of 82
to 4, the members of the New York Cotton Exchange have
decided to make Saturday, Sept. 2, a holiday in addition to
the Labor Day holiday Sept. 4.
NEWS.—
SHIPPING
As shown on a previous pa^e, the
exports of cotton from the United States the pasl week have
reached 73,889 bales. The shipments in detail, as made up
from mail and telegraphic returns, are as follows:
NEW YORK— To
To
To
Total bales.
866
30
Liverpool, per Bteamer Cevic, 856
Glasgow, per steamer Astoria, 30
Havre, per steamers Hudson, 6,062
Louisiam
tional), 923
To
To
To
To
Bremen, per steamer Bremen, s.'s"
Antwerp, per steamer Finland, 100.
Barcelona, per steamer Uontserrat, 554.
Genoa, per steamer Koenigen Luise, 4,255
.-
6,985
858
100
554
4,255
THE CHRONICLE.
624
NEW YORK— (Contended)
To
To
174
300
NEW ORLEANS —To Liverpool— Aug. 5 — Steamer Louisianiari,
3,360
Aug. 10—Steamer Texas, 1,641
1,512
To Antwerp Aug. 9 Steamer Garrick, 1,512
4
Steamer Polycarp, 0,574
GALVESTON To Liverpool— Aug.
12,878
Aug. 9— Steamer Orion, 0,304
825
To London Aug. 5 Steamer Cayo Manzanillo, 825
13,456
To Bremen— Aug. 7— Steamer Frankfurt, 13,456
SAVANNAH To Bremen Aug. 5—Steamer Pandosia, 3,997
12,481
Aug. 9 Steamer Anselma de Larrinaga. 8,484
To Hamburg Aug. 5 Steamer Elswick Hall, 2,303
2,403
Aug. 9 Steamer Anselma, de Larrinaga, 100
100
To Uddevalle— Aug. 5— Steamer Elswick Hall, 100
WILMINGTON—To Bremen—Aug. 4—Str. Buckminster, 6,051 6.051
265
NORFOLK—To Glasgow—Aug. 1—Steamer Orthia, 265
NEWPORT NEWS—To Liverpool—Aug. 10— Str. Shenan369
doah, 369
4i
-*'
159
To Rotterdam Aug. 2 Steamer Amsteldyk, 159
8
Steamer
Sylvania,
Aug.
Liverpool
1,943
BOSTON To
3,146
Aug. 9 Steamer Republic, 1,203.1,628
To Manchester Aug. 4 Steamer Iberian, 1,628
390
To Genoa Aug. 4 Steamer Canopic, 390.
200
To St. John, N. S.— Aug. 7—Steamer Calvin Austin 200..
PHILADELPHIA—To Liverpool Aug. 4 Steamer Western•
:
•
—
—
—
—
— —
—
—
—
—
—
—
— —— —
— —
— — —
—
—
—
land, 1,354
To Rotterdam —July 15 —Steamer Pennmanor, 50
Antwerp —Aug. 3 —Steamer Etonian, 150
1,354
50
150
To
Total
73.889
particulars of the foregoing shipments for the week
arranged in our usual form, are as follows:
\Oth. Europe] Mexico,
Great French Ger&c.
Japan. Total.
Britain. ports. many. North. South.
100 5,233
13,112
886 5.985
858
New York
The
New Orl'ns
4,872
1,512
3,360
Galveston. 13,703
13~,456
27,159
Savannah.
Wilm'gton
14,884
6,051
14,984
6,051
. .
265
N'p'tN'ws
Boston ..
369
Norfolk
265
528
159
390
200
200
5,873
200
4,774
1,354
Phila'phia
BREADSTUFFS.
Total bales.
Napies, per steamer Koenigen Luise, 174
Venice, per steamer Georgia, 300
1,719
[Vol. lxxxi.
5,364
1,554
Friday, Aug. 11 1905.
Influenced by the declining prices for the grain there has
been an easier market for old-crop spring-wheat flour, and
the lower figures quoted by sellers have resulted in fairly
good-sized sales of spring patents.
New-crop winter- wheat
flours have had only a moderate sale and they have held
steady.
City mills have been quiet and easy.
The demand
for rye flour has been light, but prices have held about steady.
Corn-meal has been in moderate demand and steady.
Speculation in wheat for future delivery has been moderately active, but the tendency of prices has been towards a
lower basis, they showing a considerable loss for the past
week. The favorable crop outlook in the United States and
Canada has been the principal depressing factor. The private reports received during the week have been quite generally favorable.
The monthly report of the Government's
Agricultural Bureau, issued at noon on Thursday, was interpreted as foreshadowing a wheat crop for this country of
about 700,000,000 bushels, which has been only once exceeded.
Cable advices have continued to report unfavorable crop prospects in Russia, and it is understood that the
indications are for a wheat crop below the average in India.
These reports have had a steadying effect upon the foreign
markets and have served to hold the declining tendency to
prices in the American markets in check to some extent,
the spot market has been quiet and easier. To-day the
market was firmer on shorts covering and reports of cropdamage in Russia. The spot market was quiet.
•
I
DAILY CLOSING PRICES OF WHEAT FUTURES IN NEW YORK
Sat.
Mon.
Tues.
Wed. Thurs. Fri.
No. 2 red winter
..f.o.b. 89%
September delivery in elevator. 88 %
88**
88
88
87%
89%
87%
88%
87%
89%
90%
1,871
73,889
The exports to Japan since Sept. 1 have been 318,571
bales from Pacific ports and 10,570 bales from New York.
Cotton freights at New York the past week have been
as follows:
Mon
Tues.
Wed.
Thurs.
Sat.
Fri.
Mon.
Tues.
Wed. Thurs. Fri.
Liverpool
c.
c.
c.
c.
c.
c.
Ant.. c.
13
15
13
15
13
15
13
15
16@17
16@17
19
19
17@18
18@19
22%
22%
17@18
18@19
12
18
12
18
12
18
Manchester
Havre
Bremen
Hamburg
Antwerp
Ghent, v.
Trieste
22%
12
18
28
28
32
28
32
25@26
28
32
26
15
23
15
23
15
23
15@20
15@20
23
40
40
23
40
Reval.v.Canal.c.
c.
40
40
Japan, v. Suez.c.
Quotations are cents per 100 lbs,
LIVERPOOL. — By
32
28
28
28
20
26
40
•
cable from Liverpool we have the folsales, stocks, &c, at that port:
July21.
July28.
Aug. 4.
Aug. 11.
lowing statement of the week's
bales. 27,000
Sales of the week
1,000
Of which exporters took..
Of which speculators took 1,000
24,000
Sales American
31,000
1,000
2,000
25,000
4,000
57,000
793,000
720,000
60,000
54,000
105,000
76,000
6,000
57,000
Forwarded
793,000
Total stock— Estimated
Of which American— Est. 720,000
week...
24,000
Total import of the
13,000
Of which American
119,000
Amount afloat
92,000
Of which American
Actual export
May
in elevator.
delivery in elevator
Sal.
82
82%
83% 83% 82% 83
85% 84% 83% 84% 83% 84
May delivery in elevator
88% 87% 86% 86% 85% 86%
Indian corn futures have been quiet and only fraction a
13
13
15
15
changes have occurred in prices. Early in the week there
17@18 17@18
was a fractional advance in prices on less favorable crop re18
18@19
22% 21@22% ports, coming principally from Illinois. The unfavorable
12
12
outlook for the qorn crop in Southeastern Europe also had
18
18
The monthly report
some
influence in favor of the market.
28
28
32 -W of the Government's Agricultural Bureau, issued on Thurs£32
25@26
Reval, indirect .c.
Barcelona, Sept .c.
Genoa, Sept...c.
22%
88%
87%
88
87
90%
«8% 88%-,
90
90
90%-,
92% 91
DAILY CLOSING PRICES OF WHEAT FUTURES IN CHICAGO
December delivery
5,985 35,249
Total .. 24,711
%
27,000
800
30,000
1,000
1,000
27,000
6,000
56,000
731,000
654,000
28,000
21,000
134,000
105,000
800
21,000
6,000
61,000
766,000
689,000
40,000
22,000
111,000
90,000
September delivery in elevator.
December delivery in elevator.
day, confirmed the prevailing opinion that the outlook for
the corn crop of this country at present is for a record yield,
indicating, it was figured, a crop of close to 2,700,000,000
bushels.
The spot market has held steady and a moderate
volume of business has been transacted with exporters. Today the market was higher on reports of hot, dry weather in
the corn belt.
The spot market was firmer but quiet.
DAILY CLOSING PRICES OF NO.
Mon
61%
61
60
Cash corn
September delivery
in elevator.
60
December delivery
in elevator.
_ .
f.o.b.
MIXED CORN IN NEW YORK.
2
Sat.
DAILY CLOSING PRICES OF NO.
2
.
Wed. Thurs. Fri.
61%
62
62
60%
62%
60
60
53
53
53%
60
53
MIXED CORN
Mon.
Sat.
Tues.
Tues.
IN CHICAGO.
Wed. Thurs. Fri.
53% 53% 53% 53% 54%
December delivery in elevator.
45% 45% 45% 45% 46%
45% 45% 45% 45% 45%
The tone of the Liverpool market for spots and futures May delivery in elevator
each day of the past week and the daily closing prices of
Oats for future delivery at the Western market have been
spot cotton have been as follows:
Only slight fluctuations have occurred in prices, and
quiet.
they show only slight net changes for the week. The new
Tuesday.
Wed' day. Thursday.
spot.
Saturday.
Monday.
Friday.
crop has been coming to market with considerable freedom,
the receipts at the primary markets being slightly in excess
Market,
12:30
Quiet.
More
Moderate
Quiet.
There has been a good
of those for the same week last year.
demand.
demand.
P. M.
demand from both home consumers and exporters, and this
5.98
Mid.UpVds
H
H
5.94
5.86
5.81
has held prices fairly steady. To-day the market was quiet
O
O
53%
45%
45%
September delivery in elevator.
)
I
J
L
Sales
Spec.&exp.
I
Futures.
Market
L
5.000
I
500
D
D
A
Y
A
Y
opened.
Market,
4
P. M.
7,000
500
5,000
500
300
Steady at
Quiet at
ll@12pts
4 pts.
advance.
advance.
pts.
decline.
Ba'lv st'dy
Quiet at
Quiet at
7@10
pts.
advance
•
7 000
Quiet at
2@3
Quiet at
pts.
decline.
1
pt.
advanne.
The
prices of futures at Liverpool for each day are given
below.
Prices are on the basis of Uplands, Good Ordinary
clause, unless otherwise stated.
Mon
Sat.
Aug.
12%
p
1
mpm
d.
d.
Aug
5.
Aug.
m
Aug. -Sept..
1
I
W
o
W
Jan.-^eb
a.
o.
Feb .-Mar
3
Dec-Jan
..
Mar .-Apr ..
Apr. -May ..
May -June
.Tune-Ji:!v
.
1
l
1
4
p
Aug.
12%|
8.
4
Wed.
Aug.
12%
9.
4
d.
1
d.
d.
d.
Thurs.
Aug. 10.
12%| 4
p
mp m
d.
I
Fri.
Aug. 11.
12%| 4
p mp
m
d.
5 82:5 78 5 86 5 84 5 76 5 73
5 82 5 77 5 85 5 83 5 75 5 72
5 82 5 78 5 86 5 84 5 76 5 73
5 83 5 79 5 86 5 85 5 77 5 74
5 84 5 80 5 87 5 86 5 79 5 75
5 85 5 81 5 89 5 87 5 805 76
82
83
84
84
85
Mon.
31%
31%
Sat.
Mon.
in elevator.
in elevator.
26%
27%
29%
d.
5 715
5 715
5 72 5
5 735
5 745
5 75 5
5 90 5 88 5 81 5 77 5 76 5
5 91 5 89 5 825 78 5 77,5
5 92 5 90 5 83 5 79,5 77 5
5 86 5
5 87 5
5 88 5
5 88 5
5 92 5 91 5 845 79 5
5 93 5 9.1 5 84'5 80 5
5 88 5
5 88 5 8515 93 5 91 5 S45 80|5
d.
September delivery
December delivery
May
delivery in elevator
Wed. Thurs. Fri.
26%
27%
29%
Tues.
Wed. Thurs. Fri.
26%
27%
29%
26%
27%
29%
26%
27%
29%
26%
27%
29%
FLOUR.
©S3
S2 60
3 10
3 40
3 50
3 65
Clears
4 25
Straights
Patent, spring.. 5 60
Fine...
Superfine
Extra, No. 2
Extra, No. 1
@
@
©
©
©
©
05
3 30
3 50
3 60
Patent, winter. .84 90
City mills, patent 5 65
Rye flour, s'fine. 4 00
4 10
5 10
6 25
Corn meal
Western, etc.. 3 10
Brandy wine . 3 15
Buckwheat
flour
GRAIN
73
785
785 81
785 81
Tues.
Following are the closing quotations:
74
74
75
76
77
78
79
80
80
•
30% 30% 30% 30%
34
33% 33% 33% 33%
34
DAILY CLOSING PRICES OF NO. 2 MIXED OATS IN CHICAGO.
No. 2 mixed
No. 2 white, clipped
Thus: 5 82
100th.
m p mp m p m p m
d.
d.
1
Sept .-Oct ..
Oct .-Nov ..
Nov. -Dec ..
7.
12%
p
Tues.
Sat.
f.o.b,
f.o.b,
pts.
adwance.
at6@7pts. 11® 12
The prices are given in pence ana
means 5 82-100d.
DAILY CLOSING PRICES OF OATS IN NEW YORK.
Quiet at
8@9
advance.
but steady.
Wheat, per bush
N. Dul., No. 1..
N. Dul., No. 2..
Red winter, No. 2
Hard
Oats
— Mixed,
White
No. 2 mixed
No. 2 white
bush
c.
f.o.b.
f.o.b.
f.o.b.
f.o.b.
c.
Ill
106
88%
30 @ 31%
32%© 35%
Nom.
Nominal.
Nominal.
Coin, per push
—
Western mixed..
No. 2 mixed
No. 2 yellow
No. 2 white
Rve, per bush
Western
State and Jersey
Barley Western..
Feeding
—
©So
©
©
25
6 00
4 60
Nominal.
c.
57
©
©
©
f.o.b.
f.o.b.
f.o.b.
©
3 15
3 20
c.
62%
62%
62%
63
62
67
Nominal.
Nominal.
40
45
©
8
An;.
u;i;u
LTURAL DEPARTMENT'S REPORT ON C'KKAC., TO AUGUST 1.—The Agricultural
Department issued on the loth
month
inst. its report
625
The movement
EAL CROPS,
(.rops for the
.
THE CHRONICLE.
12 1905.]
l
.
on the cereal
of July as follows:
The Crop-Estimating Hoard of the Bureau of Statistics of the Di
mcni of Agriculture finds from the reports of the correspondents and
The condition of com on Aug.
was B9,
agents of the Bureau as follows:
1904, 78.7 at the
as compared with S7.:> last month, S7.;i on Aug.
corresponding date in 1903 and a ten-year August average ol B5
The following table shows for each Of the States having 1,00
- or upward
in
corn the conditions on Aug.
iii each of the last
three years and that on July l 1906, with the ten-year August avei
July l
in year
Aug.
Aug. l Aug.
l
market
of breadstuff* to
Receipts at
—
Wheat.
Flour.
Corn.
States
—
l
1905.
1905.
1904.
96
89
93
88
86
96
77
95
87
87
89
95
89
89
96
95
88
85
s-
SO
86
93
96
73
96
Illinois
90
95
aska
s
-82
Texas
98
Missouri
;iu
94
ta
87
88
Tennessee
96
85
84
ickv
Ohio....
—
nta
s
86
80
Carolina
i
l
Arkansas
71
ssippi
95
75
S4
90
So
86
86
94
69
Virginia
South Carolina
Oklahoma
Indian Territory
South Dakota
Minnesota
insin
Pennsylvania
Louisiana...
Michigan
81
1003.
74
S7
ss
74
91
78
73
95
74
93
86
83
82
S2
92
72
81
87
ss
72
75
67
95
71
75
70
89
ss
an rage.
95
97
93
89
93
SO
80
84
90
90
75
90
Slnre AUK.
1906
9S
228 800
459 000
406 000
1)3 000
8,100
4.000
1,003 000
863,767
242,307
894,382
6,840 '.is:
6,339 606
664
2,936, i:;s
2.492, 300
1.916, i:is
6,311 340
35S.668
2,916 130
199.504!
100,549
S7.377
207.917
868,767
242,367
394,382
6,840,989;
2,936,138!
2,492,803
1.916.138
6,311,340
3,084,230
2,910,130
868,668
6,339,606
3.999,664
1
1903
81
91
—
Receipts at
85
71
71
83
89
76
73
80
96
77
88
86
88
New York
Tort land
Philadelphia
12.4
Richmond
Newport News
New
Orleans a
G al veston
Montreal
Mobile
7.4
Com,
bush.
bush.
Oats,
bush.
351,525
169,246
318,800
76,262
80",584
97,304
84,140
22,858
92,000
oos
29,459
145,625
253.784
32,082
27,819
38,511
4 219
8,518
11,412
Baltimore
90
85
84
Wheat,
66**.
93.106
21,310
Boston
SS
Flour,
25.600
291,027
16,873
1,394
Total week
Week, 1904
88
95
91
91
102
89.2
91.0
91
Washington..
United States
87
92
92
90
85
80
81
86
82
77
69
87
62
74
223.1 OS
874,643
246.880
1.247,207
Total receipts at ports from January
pare as follows for four years:
Receipts
of—
Flour...
bush.
Corn
Oats
Barley
Rye
Totalgrain
87.5
77.1
Exports /rom
94
88
94
96
87
95
96
94
Illinois
msin
Minnesota
iska
Indiana
York..
ania
91
-
94
89
96
94
87
97
96
96
94
87
81
93
95
80
93
96
97
99
86
79
89
89
73
72
87
83
80
84
92
90
89
89
73
94
93
84
United States
•
•
,
•i
I
'
»
4b~666
720,570
775.958
158,487
00,097
--
.-
3.959
5.745
Orleans tor foreign ports on
August 5 com-
to
1
1902
15.193,089
60.298,578
27,027,913
4,405,322
205,874
20,847,614
34,598,827
25,371,267
1,747,260
524,918
60,468,397
00,088,872
32,042,787
2,343.430
3,051.660
68,287,933
11,730,934
25.274,779
1,504.363
1,833.531
113,730.776
89,090.466
167,595,152
108,637.540
Corn,
602,368
Flour,
bush.
49,445
148,360
102,857
13,507
48,357
2,100
3,516
290,342
19,850
3,410
12,582
4,004
8.518
1.480
2,142
14,093
1,394
1,231,323
327.510
97,674
120.629
bush.
bush.
Portland
Boston
8,000
72.000
Philadelphia
Baltimore
Newport News
New
Orleans
Montreal
198,464
Same time 1904
331,961
506.595
1 is
Oats,
Barley,
bush
14,680
bush
24,949
.
Peas,
bush.
4.794
8,008
19,911
425
1.500
1,800
23,712
16.605
98,851
of these exports for the
68.572
34,901
15,202
0,392
week and since
as below:
-Wheat-
-FlourSince
Exports lor week
Week.
Aug. 5.
—
and since July 1 to
United Kingdom
July
1905.
66**.
-Corn-
Since
1
bbls.
24,939 141,110
Continent
32,020 99,231
So. and Cent. America. 12.590 67,243
West Indies.
25,400 94,440
British No. Am. Colonies
920
4.198
Other countries
16,853
1,159
97,674 423,081
120,629 631,293
Week.
Aug. 5.
July
Since
Week.
Aug. 5.
1
1905.
bush
bush.
207.967 1,170,296
63,994
232.010
331,901 1,408,306
566,595 2,817,367
bush.
July 1
1905.
bush.
554.744 2,003.290
632.725 2.560,572
772
28,092
36,882
107,422
6,200
6,500
5.932
1.231,323 4,832.408
327,510 2,379.549
The visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, August 5 1905 was as follows:
New York
"
Wheat.
Corn.
bush.
bush.
Oats.
bush.
bush.
Barley.
bush.
204,000
189.000
321,000
147.000
33.000
"l"666
142,000
515,000
143"666
18,000
44.000
49,000
80,000
83,000
Philadelphia
Baltimore
New Orleans a
Galveston
Montreal
Toronto a
67.666
151,000
10.000
481,000
622"666
140"666
428"666
18~666
186~,660
eb'.ooo
2 o'sV.ooo
i,99"o",666
739",666
i"05"666
"i",66o
15"666
"2",666
"13"666
Yo'ooo
"l's'.ooo
80~8",66d
95",666
267.666
62,000
32.000
322,000
afloat
23"66d
"i"666
•
Milwaukee
lYi'ooo
•
afloat
•
It. William
Pt. Arthur
__.---
2 ,046~,600
472,000
169,000
Duluth
"
afloat
Minneapolis
3 ,133" 000
I.ouls
"
alloal
1
Kansas City
Peoria
Indianapolis.
594,000
944".o66
SO.
I
IX)
8.000
176
290,000
Mississippi River
882*000
120,000
'in I.akeH
On
2"i5".6o6
------
Chicago
On
"i"666
335.000
Detroit
" afloat
-St.
7,000
53.000
124.666
41.000
757.000
" afloat
Toledo
" afloat
"
132.1)00
126*666
_
Buffalo
"
Rye.
afloat
Boston
:
I
i
43,706
11,980,641
•
83.7
90.8
92.1
86.6
79.5
proportion of the oats crop of last vear still in the hands of the
fanners is estimated at 6.2<£ as compared with 5.4% of the crop of 1903
in farmers' hands one year a<ro, 7.4% of the crop of 1902 in farmers'
ars a?o and a ten-year average of 7.2%.
ham:
The averaire condition of barley on Aug. 1 was 89.5, against 91.5 one
month ago and 88 1 on Aug. 1 1904, 83.4 at the corresponding date in
1903 and a ten-year average of 85.1.
average condition of spring rve on Aug. 1 was 96.6, as compared
93 on July 1 last. 91.8 on Aug. 1 1904 and 87.2 on Aug.
1003.
The
condition of flax on Aug. 1 was 96.7, as compared with
92.7 on July 1 last. 78.9 on Aug. 11904 and SO. 3 on Aug. 1 1908.
The condition of the various crops on Aug. 1 for a series of years is
given bel
1905.
1900.
1904.
1901.
1903.
1902.
89.0
87.5
87.3
54.0
78.7
86.5
ngwheat
89.2
87.5
*!).7
77.1
66.4
80.3
Qg rye
..96.6
87.2
76.0
91.8
90.5
83.6
90.8
90.8
86.6
79.5
89.4
73.6
86.0
Barley
71'
89.5
88.1
83.4
90.2
86.9
Potatoes
':
87.2
91.1
87.2
94.8
74.!)
91.6
70.7
77.2
76.0
81.9
Buckwheat
92.6
92.8
91.1
87.9
93.9
91.4
The indicated yield of the principal crops for 1905, as flgu
us on the basis of the acreage and condition percenta
total crons *" reported by the Agricultural Department for
ir£->
1903
and 1902 being appended for comparison:
1905.
1902.
1903.
1904.
Bushels.
Bushels.
B
1
2,670,000.000 2,467,480,934 2,244,176,929
312
V?"*
2
\\ in. wheat
424,400, 0OO
332,935,346
41
150
wheat
290.'
S
1,171
237,954,5"
Oats
''-7,842,712
945,000,000
894,696,662
784,094,199
626
--.-
83",50d
1903.
12,454,777
24,038
29.459
Total
Total 1904
•
"383
1904.
10,764,625
Wheat,
—
NewYork
83.3
—
Iowa
4,000
The exports from the several seaboard ports for the week
ending last Saturday are shown in the annexed statement:
The destination
ing date in 1903 and a 10-year average of 83.7.
The following table shows for each of the nine principal oats States
the condition on Aug. 1 in each of the last three years and that on
July 1 1905, with the ten-year August averages:
Aug. 1 July 1 Aug. 1 Aug. 1 10-year
States.
average.
1905.
1905.
1903.
1904.
bush.
94,500 1,950
19,987
1,000
1905.
6,018,735
bbls.
Wheat
July
The average condition of the oat crop on Aug. 1 was 90.8, as compared with 92.1 last month, 86.6 on Aug. 1 1904, 79.5 at the correspond-
New
Rye.
Barley,
bush.
---—*•
975,519
583,900
a Receipts do not include grain passing through
through bills ot lading.
81
86
88
72,090
13,420
48,357
40,000
1,400
109,035
19,850
"4" 400
—
91
199,5041
Total receipts of flour and grain at the seaboard ports for
the week ended August 5 1905 follow:
States the condition on Ans. 1 in each of the last three years and that
on July 1 1905, with the ten-year August averages:
Avq. 1
July 1
Aug. 1 Aug. 1 10-year
1905.
average.
States
1905.
1904.
1903.
86
100.549
S7.377
207.917
172,980
88
85
90
82
The average condition of spring wheat on Aug. 1 was 89.2, as compared with 91 last month, 87.5 on Aug. 1 1904, 77.1 at the corresponding
date in 1903 and a ten-year August average of 83.3.
The following table shows for each of the five principal spring-wheat
Minnesota
North Dakota
South Dakota
230
1.
1111)4
The following table shows the estimated average yield per acre in
bushels and in centals in each of the eleven principal winter-wheat
1905 and 1904, the figures for 1904 being the final estimates
is in
issued Dec. 28:
Bush.
Bush.
Cent.
Cent.
1905.
1905.
1904.
1904.
13.9
12.3
7.4
Kansas
8.3
12.4
7.4
11.7
Missouri
7.0
20.4
12.2
14.4
8.6
Nebraska
Indiana
18.3
11.0
9.2
5.5
6.5
9.3
5.6
10.8
California
17.1
10.3
11.5
6.9
Ohio
Illinois
16.0
9.6
13.S
8.3
14.1
Pennsylvania
...17.1
10.3
8.5
4.9
11.7
7.0
Oklahoma
8.2
5.2
6.4
Texas
8.9
10.7
18.5
5.9
11.1
9.8
Michigan
8.6
1,438
10,700
Tol.wk.'OB
as finally estimated.
14.3
7,700
I.ouls
Same
same wk.'OS
87.3
87.3
78.7
85.4
89
United States
Preliminary returns indicate a winter-wheat crop of about 424,400,000
bushels 1,254,640,000 centals), or an average of 14.3 bushels (8.6 centals)
per acre, as compared with 12.4 bushels (7.4 centals) per acre last year,
United States
1
I
Kansas City.
89
86
8S
S3
80
92
85
78
91
79.600
Peoria
84
77
77
83
70
168,399
Minneapolis .
Toledo
Detroit
Cleveland ..
St.
lbs.
..
DulUtli
Rye.
bush. Mi lbs. bush. 32 lbs. tmsh.4Slbs. 6m. 50*6*.
bush. 60
50.00(1
1,986,
1.298 400
2,823 37:;
120,186
175 120
is, UK)
189 800
84,550
68 800
70.9.S9
222 CIS
6 6
663
71 ISO
1,027 '.in
181 7 10
74.490
0,660
07:1 300
661 (1110
59 000
200
10,800
1111 son
49
152 643
90 1)37
86 10?
616 944
510 500
154
1 ,032 063
869 Kill
5,210
bbl3.1Q6lbs.
Chicago
Milwaukee
Barley.
Oats,
l
l
as indicated in the.
statements below are prepared by us from figures collected by
The receipts at Western
the New York Produce Exchange.
lake and river ports for the week ending last Saturday and
since Aug. I, for eaoh of the last three years, have been:
Canal and
Total
Total
Total
Auk
nivr
5 1005
...13.7
1.35
580,000
716.000
4.792.000
E a
Aw. 6 1901
iug. 8 1903
Total Aug. 9 1902
1
110.000
I
1
...12,613.000
11
..13.1
...21,"
6,156,000
— this week's not received.
a Last week's stocks
.000
297,000
THE CHRONICLE.
(>26
GOVERNMENT WEEKLY GRAIN REPORT.— Mr.
James Berry, Chief of the Climate and Crop Division of the
United States Weather Bureau, made public on Tuesday
the telegraphic reports on the grain crops in the various
States for the week ending August 7 as follows:
CORN. Over the central and western portions of the corn belt and the
—
greater part of the Middle Atlantic States corn continues in excellent condition, and, while Deeding rain in the Ohio Valley, the condition of the
crop in that district
generally promising.
is
WINTER WHEAT. — Threshing
of winter wheat is largely completed
the principal wheat States.
This work has, however, been interrupted by rains in Kansas, and complaints of injury from moisture continue from portions of Tennessee and the Middle Atlantic States.
Plowing for fall seeding is in progress in the southern portion of the central
valleys.
in
WHEAT. —
SPRING
While rust in spring wheat is more or less prevalent in the Dakotas and to a slight extent in Nebraska, Iowa and Minnesota, the reports generally indicate that the crop has not sustained serious
injury.
Harvest is nearly finished in Iowa ana is in progress in Nebraska
and the southern portions of South Dakota and Minnesota, but has not
yet begun in North Dakota, where the crop is generally in excellent conIn Oregon harvesting is
dition, with long heads which are filling well.
active, with vields below expectations; in Washington spring wheat is
ripening rapidly and
OATS.
secured.
all
in
is
where
tricts,
beyond further injury from hot winds.
is
reports indicate that a good crop of oats has been
—Harvestine
Nearly
now finished, except
extreme northerly
it
is
well advanced.
...
•
...
dis-
—
Exports of Grain and Flour from Pacific Ports. The exports of grain and flour from Pacific ports for the week ending
Aug. 10, as received by telegraph, have been as follows:
From San Francisco, to China, 7,017 bbls. flour; to various
South Pacific ports, 10,477 bbls. flour, 6,500 bushels barley
and 2,000 bushels corn.
Combining thesefigures with those for previous weeks, we
have the following, which covers the exports to foreign
countries for the period since July 1 comparison being made
with the corresponding period of the previous year.
,
Flour,
Exports
bbls.
from
San Francisco. 50,685
—
Puget Sound..
Portland
Corn,
bush.
bush.
Oats,
bush.
Barley,
bush.
2,425
14,200
450
18,100
2,425
47,152
14,200
2.398
450
180
18,100
160,000
Rye,
bush.
•.
50,685
235,700
Total.
Total 1904
Wheat,
174
THE DRY GOODS TRADE.
New York, Friday, Aug. 11 1905.
There has been a larger number of buyers in town during
the past week than for some time, and buying of cotton goods
has been on a rather more extensive scale. The majority of
these buyers has been surprised to find that the scarcity of
goods is more real than they had imagined, and it has only
been by active canvassing and by paying full asking prices
that they have been able to supply their needs at all.
A
good many have not been willing to do this, and have consequently gone away disappointed. The market has gone
entirely beyond their control, and sellers are masters of the
Further advances have been recorded in many
situation.
lines, but the general impression now exists that they have
gone high enough for the present and that a further raising
of prices would be taking unjust advantage of the situation
and would in the end react against sellers. A good many
agents find that they are unable to fulfil promises made in the
matter of delivery and are having a hard time to pacify cusMills have had to contend with the difficulty of
tomers.
securing adequate labor, and with a curtailment of production during the recent hot weather, while agents have oversold the normal output. In spite of this, buyers still continue
to act with great conservatism, and all are confining their
purchases to fall requirements. Many still believe, in spite
of the lessons of the recent past, that the price of cotton is
fictitious, and that they will be able to purchase lower later
Export business has been practically nil. Further adon.
vances have been recorded in men's wear light-weight woolen
and worsted fabrics, and business has been active.
DOMESTIC COTTON GOODS.— The exports of cotton
goods from this port for the week ending Aug. 7 were 2,159
packages, valued at $155,426, their destination being to the
points specified in the tables below:
—
1905
Since
New York
August
Week.
36
33
Jan. 1.
795
482
82,854
India
Arabia
250
Africa
Central America
20
631
34
234
South America
Other Countries
856
65
9,576
15,349
6,625
17,836
1,597
10,880
34,761
11,341
2.159
192.096
to
Great Britain.
Other European..
7.
China...
West Indies
Mexico
Total
Since
Week.
354
Jan. 1.
737
481
7,649
104
1,658
4,910
54,291
4,825
12,302
7,716
11,767
1,405
8,775
32,163
13,718
16,999
147,980
1,750
262
54
258
business transacted earlier in the year, and it is maintained
in some quarters that manufacturers are scarcely in a position to accept further business of this character." Bleached
goods cannot be secured in large quantities, and agents are
compelled to dole out their supplies in two and three-case
lots.
Bleacherics also are suffering from a shortage of labor.
Wide sheetings, sheets and pillow cases are all firm and in
demand. Ticks have been further advanced during the
week, and all lines of coarse, colored cotton goods are wellsold ahead, and are difficult to secure. Linings have been
moderately active, and prices have been advanced. Prints have
been moving in fair quantities, and those agents who anticipated the present situation and have goods on hand have
fair
been reaping their reward. Prices are higher, but are not yet
on a parity with grav goods. Ginghams, both staple and fine
grades, have been in moderate request, and are firmly held.
Print cloths have been very firm, without any quotable
change in prices. A fair business has been passing, wide
goods, particularly, being in request.
WOOLEN GOODS.— The
question of the relative merits
woolens and worsteds in men's wear light-weight goods
is still causing a good deal of discussion, and the action
of
buyers of the higher grades of goods is being keenly watched.
The belief is fairly general that woolens will regain a good
deal of their lost prestige before the season is over, this
being based to a certain extent on the supposition that as
the great majority have shown a decided preference for
worsted goods, buyers of the higher grades will naturally
turn to woolens.
It is also felt that the largest part of the
worsted orders have been on initial business only, and that
buyers will later turn their attention to woolens. A large
business has been transacted in all lines during the week and
advances have again been recorded. These are expected to be
general before very long, particularly as lines that have been
sold out are being withdrawn from the market day by day.
These withdrawals have been to a certain extent offset by
the opening of fresh lines.
In view of the fact that many
agents have oversold the production of the mills they represent expecting numerous cancellations, and that these cancellations now show signs of not materializing, it is expected
that there will have to be a general scaling down of orders.
There have been practically no developments in the dress
goods market.
of
FOREIGN DRY GOODS.— Imported
woolen and worsted
have been featureless. Silks have been quiet and
ribbons have not been active.
Linens have been firm, with
some fair orders placed for spring. Burlaps are strong, with
further advances expected.
dress goods
Importations and Warehouse Withdrawals of Dry Goods.
The importations and warehouse withdrawals of dry
goods at this port for the week ending Aug. 10 1905, and
s ince January
1 1905, and for the corresponding periods
of last year, are as follows:
H
tt>
ft
o
p
The value of these New York exports since January 1 has
been $10,311,368, against $9,018,963 the previous year.
l";Heavy brown drills and sheetings have become increasingly scarce, and with a moderate demand from the home
Drills, particularly,
trade prices have advanced sharply.
Lightare now on a higher basis and are difficult to obtain.
weight sheetings are in urgent request, and asking prices are
paid without question when goods for near-by delivery are
A few inquiries from export sources have been
obtainable.
received, but practically no business has been consummated.
This is causing little comment in view of the large volume o
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1904
[Vol. lxxxi
"co—
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Aug. 12
— ——
—— —
:
—————————
State anb
DmwMENT,
City
News
Items.
—
Maryland. Constitutional Amendments. At the coming
general election on Nov. 7 two amendments to the State Constitution will besubmitted to a vote of the people for approval.
The first of these amends Section 1 of Article 1 in relation
The second
to the qualifications of a voter in the State.
amends Section 34 of Article 3 by permitting the General
Assembly to appropriate out of funds in the treasury not
otherwise provided for not exceeding $-100,000 yearly and
distribute the same to the city of Baltimore and the various
counties in the State for the construction and maintenance
of public highways.
Paterson, N. J.
Action on Bonds, Franchises, etc., PostOwing to the recent disappearance of the .Mayor
poned.
and the confusion resulting therefrom, the Board of Aldermen on Aug. 6 passed a resolution not to grant any franchises nor issue any bonds until a new Mayor be elected.
The resolution follows:
Whereas,
—
in
view of existing conditions
In the office of
Mayor
of the City of Tater-
son. be it
Resolved, That this board crant no franchises, Incur no bonds and Issue no liability
upon the city whatsoever than that actually needed to economically maintain the
expenses of the city government until such time as the citizens of tnis community
shall select a chief magistrate to represent them in the government of the city.
stated that this resolution prevents for several months
the granting of franchises to the New York & New Jersey
Rapid Transit Co. and to the Paterson Light, Heat & Power
Co., the former a high-speed electric road to New York City
and the latter an electric company formed in opposition to
the Public Service Corporation.
It is
Philippine Islands.
Bond
Offering.
the offering on Aug. 25 of SI, 500,000
—The
4%
official
notice of
certificates of in-
debtedness will be found among the advertisements elsewhere
For details of bonds and terms of offerin this department.
ing see page 573 of last week's issue.
Santa Fe County, N. Mex. Bonds and Interest Ordered
Paid.
The following is taken from the St. Louis "Globe-
—
Democrat":
SANTA FE, N.
II.,
Aucrust
1.— Judge John R. McFie
of the First Judicial District
Court to-day, upon petition of Levi Spiegelberg of New York, issued a temporary
mandamus to the Santa Fe County Board of Commissioners directing them to levy a
tax to pay the principal and Interest on county bonds of 1882, upon which the county
has defaulted. The county's outstanding indebtedness is $1,000,000, while its
assessed valuation is less than S2. 000, 000.
See comments on page 2139 of our "State and City" SecMay 1905.
tion for
Negotiations
this
week
being put out
in
small amounts as the work
—
Ann Arbor (Mich.) School District. Bond Sale. On
Aug. 8 the 8200,000 4% high-school-building bonds maturing in various amounts yearly from 1914 to)1935 inclusive were
awarded to II. W. Noble & Co. and Matthew Finn of Detroit
Following are the bids:
at 103. OS and interest.
Mason. Lewis * Co.. Chic... 1203, 080 00
ll. W. Noble A Co and Mat3200,100 50|F. L. Fuller & Co Cleve
thew Finn. Detroit
203,000 00
Krownc-Flllnwood Co., Ch_..a20r,, 163 001N. W. llalsey & Co., Chic
202,920 00
I
,
Sons, Chic. 205,978 001 Ann Arbor Sav. Hank
E.
N. W. Harris * Co., Chic...
W.J.Hayes A- Sons, Cleve.
and A. J. Hood, Detroit,. 204,377 00 Spitzcr & Co., Toledo
State Sav. Hank. Ann Arbor. 204,201 00 S. A. Kcan (no check)t
R. Kleybolte A- Co., Clncln.. 204,120 00 Seasongood & Mayer, Cin...
W. i:. Moss ACo.. Detroit... 203.731 00] Provident Savings Bank &
First National Bank. Chic... 203.300 001
Trust Co., Cincinnati
a Bid not signed.
II.
&
Holllns
I
202, 900 00
202 820
202,767
202.000
201,326
00
00
00
00
198.000 00
See V. 81, p. 224, for description of bonds.
Bonds Not to be Issued at Present.
We arc advised that the $45,000 bonds voted on July 7 in aid
of the .Midland Valley Railroad (see V. 81, p. 224) will not be
issued until the road is completed into the city, which, we understand, will not be for several months.
Bangor, La Crosse County, Wis. Bond Sale. On July 11
the $4,800 5% 3-10-ycar (optional) gold village-hall and
fire-engine-house bonds described in V. 81, p. 44, were awarded to W. J. Hayes & Sons, Cleveland, for $4,871.
Belief ontaine Ohio.
Bond Sale. The highest bid received
on Aug. 8 for the $50,000 5% 10-30-year (optional) coupon
electric-light bonds described in V. 81, p. 520, was that of
W. R. Todd & Co. of Cincinnati at 108.26.
Bellevue, Ky.
Bond Sale. On July 6 the German National Bank of Newport was awarded $39,000 4% schoolbuilding bonds at par and $1,000 premium.
Denomination
Interest semi-annual.
Date July 1 1905.
MaS500.
utrity July 1 1925 subject to call $2,000 each year after 1907.
Bond Offering. Proposals will be reBellevue, Ohio.
ceived until 12 m. Aug. 29 by R. V. McKenzie, Village
Clerk, for $10,000 4% coupon street-improvement bonds.
Denomination $500. Interest Feb. 1 and Aug. 1 at the
Guaranty Trust Co., New York City. Maturity $500 each
six months from Aug. 1 1908 to Feb. 1 1918 inclusive.
Accrued interest to be paid by purchaser. Certified check
for $500 on some bank in Bellevue required.
Belvidere, 111. Bonds Authorized. The City Council has
authorized the issuance of $14,400 First and Pearl Street
improvement bonds.
Bemsville, Ont.
Debenture Sale.
This place has sold an
issue of $2,000 4% water-works extension bonds to the Bank
—
Arkansas City, Kan.
—
—
,
—
—
—
—
Hamilton
at 95.
—
Neb.— Bonds
Voted.
This city on Aug. 1 by a
vote of 182 to 21 authorized the issuance of $20,000 5%
5-20-year (optional) water-works bonds.
Benton County (P. O. Foley), Minn. Bond Sale. On
Aug. 1 the following ditch bonds, aggregating $5,438, were
awarded to S. A. Kean of Chicago for $5,538 60:
—
been as lollows
Ada County
(Idaho) School District No. 30. Bond Sale.
July 19 S3, 500 5% 5-10-year (optional) school bonds
of this district were awarded to the State Land Board at par.
Denomination S500. Date July 1 1905. Interest semiannual.
Akron, Ohio. Bond Offering. Proposals will be received
until 12 m. Sept. 4 by Wm. A. Durand, City Auditor, for
refunding bonds. Denomination $1,000, ex$31,500 4J^
cept one bond for SI, 500.
Date Sept. 1 1905. Interest
semi-annuallv at the National Park Bank, New York City.
Maturity S7,000 Sept. 1 1912, S7,000 Sept. 1 1913, 88,000
Sept. 1 1914 and S9,500 Sept. 1 1915.
Certified check on a
national bank in Akron for 5% of the amount of bonds bid for,
payable to tire "President of Board of Trustees of Sinking
Fund" required. Part of the above bonds will be delivered
Sept. 4, part Sept. 23 and part Oct. 7.
Bids to be made on
blanks prepared by the city.
Alliance, Ohio.
Bonds Defeated. The proposition to
issue S 100, 773 water-system and improvement bonds failed
to carry at the election held Aug. 5.
—On
—
%
—
Alliance (Borough,, Northampton County, Pa.
Bond OfProposals will be received until 5 p. m. Aug. 17 by H.
T. Bilheimer, Borough Secretary, for 820,000
bonds.
Denominations fifty bonds of $100 each and thirty of 8500
each.
Date Sept. 1 1905. Interest semi-annually at the
Cement National Bank of Siegfried. Bonds are free from
taxes.
fering.
is
progresses.
Benson,
Bond Proposals and
(527
850,000 which
of
hare
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THE CHRONICLE.
1905.]
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4%
—
Altoona, Pa. Bond Election Proposed. An ordinance is
before the City Councils providing for an election to vote on
the question of issuing 8280,000 water bonds.
Amite County (P. O. Liberty), Miss. Bond Election. An
election will be held in this county to vote on the question of
faming bonds for a new court house. No date, ho
has yet been set for this election.
Anaheim (OaJ.) School District. Bond Election. An
tion will be held Aug. 26 to vote on the question of
$3,000 school bonds.
Anson County (P. O. Wadesboroj, N. 0. Bond Sale
On Aug. 7 an issue of S3. 000 6% Wadeaboro Township n
improvement bonds was sold by the Board of Commi
of Anson County to the First National Bank of Wadesboro
at 101 and interest.
Denomination $1,000.
Date July
1905.
Interest semi-annual.
Maturity SI, 000 July 1 L906
and $2,000 July 1 1907. Securities are part of an issue of
—
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i
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1
$1,168
1,135
920
2.215
5%
5%
5%
5%
Ditch No.
1
bonds, maturing one bond of $292 on Aug.
1 of
the years
1907. 1909, 1911 and 1912.
Ditch No. 3 bonds, maturing one bond of $227 on Aug.
1907, 1909, 1911, 1913 and 1914.
Ditch No. 4 bonds, maturing one bond of $184 on Aug.
1907, 1909, 1911, 1913 and 1914.
Ditch No. 5 bonds, maturing one bond of $443 on Aug.
1907, 1909. 1911. 1913 and 1914.
Securities are dated Aug.
be payable annually.
1
1
of the years
1
of the years
1 of
the years
1905 and the interest will
—
This place recently
Beresford, S. D. Bonds Voted.
voted to issue $4,000 warrant funding, $3,000 city-hall and
jail and $8,500 school funding bonds.
Biloxi, Miss.
Bonds Proposed. The issuance of $10,000
pumping-station bonds is being considered.
Blairsville, Pa.
Bond Election. An election will be held
Aug. 17 to vote on the question of issuing $15,000 streetpaving bonds.
Brockton, Mass. Temporary Loan. This city has borrowed $100,000 for six months at 3.64% discount. Loan is
in anticipation of the collection of taxes.
Brookfield, Mass.
Temporary Loan. This place has borrowed $8,000 from the North Brookfield Savings Bank at
3.75% discount. Loan is in anticipation of the collection of
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taxes.
Bryson, (Tex.) Independent School District. Bonds RegThe State Comptroller on Aug. 2 registered an issue
of $3,600 4% 5-20-year (optional) school-house bonds dated
istered.
May
—
15 1905.
N. Y.—Bond Issues.
have been authorized:
$5,000 00 i% Department of Assessment bond
Buffalo,
—The
following
bonds
dated Aug. 1 1905 and maturing
liond to be taken by the Bailey Avenue Sewer Sinking
Investment.
,
.„,„
In292,133 48 3H h
dated Sept. 1 1905 and maturing Sept. 1 1910.
terest semi-annual.
July
Fund
1
1905.
as
.'in
Burbank School District, Los Angeles County, Cal. Bond
led an issue
Sale.— On July 31 Mrs. Felix C. Howes wa
of $6,000 -v; school bonds for 86,305.
mU be received
Butler, Ind.— Bond Offering.— Pr<
12 m. Aug. 21 by Otto A. Gengnagel, City Clerk, for
Date Aug.
Denomination $50.
500 595 funding bonds.
•-'1
1905.
Interest semi-annually at Knisely Bros. & Co. a
Bank at Butler. Maturity $1,000 yearly on Aug. 21 from
Accrued interest to
L907 to ion and $1,500 Aug. 21 1912.
be paid by purchaser.
until
THE CHRONICLE.
4H%
Bynum (Tex.) Independent School District. — Bonds Voted
628
—The election Aug. 5 resulted
the proposition to issue $4,500
$1,000
in
in favor of
a vote of 4.5 to
school-building bond-.
5%
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Washington County, Pa. Bonds Proposed.
The Borough Council is considering the question of calling
an election to vote on the issuance of bonds for sewer and
paving purposes.
Canyon County (Idaho) School District No. 2. Bond
Sale.— On Aug. 1 $3,000 5% 10-20-year (optional) building
bonds were awarded to the State of Idaho at par. Denomination $600.
Date Aug. 1 1905. Interest Jan. 1 and
July 1.
Carbon Hill, Ala.—Bond Sale.— On July 31 the $25,000
6% 20-year water-works and electric-light bonds were
awarded to H. N. Strait of Kansas City, Mo., at par.
Denomination $1,000. Interest semi-annual.
Cass County (P. O. Logansport), Ind. Bond Sale. On
Jackson Township graded-road
Aug. 8 the $5,600
bonds mentioned in V. 81, p. 574, were awarded to J. F.
Wild & Co. of Indianapolis at 100.375. Interest semi-annually in May and November.
Maturity from one to ten years.
Cedar Hill (Tex.) Independent School District. Bonds
Voted.
This district on July 29 by a vote of 60 to 53 authorized the issuance of $8,000 school-house bonds.
r Central City Independent School District, W. Va. Bond
Sale.—On Aug. 2 the $12,000 5% 10-20-year (optional)
bonds described in V. 81, p. 278, were awarded to E. H. Rollins & Sons of Boston at par.
Chelsea, Mass.
Temporary Loan. A loan of $70,000 in
anticipation of the collection of taxes has been negotiated
with Loring, Tolman & Tupper of Boston at 3.70% discount.
Loan matures Feb. 6 1907.
Chicago (111.) Sanitary District. Bond Offering. Proposals will be received until 1 p. m., Aug. 30, by the Board of
Trustees of the Sanitary District of Chicago S. D. Griffin,
Clerk—for $1,000,000 4% bonds. Denomination $1,000.
Date March 15 1905. Interest semi-annually at the office of the Treasurer.
Maturity $56,000 yearly on March 15
from 1907 to 1923 inclusive and $48,000 March 15 1924.
Certified check, payable to the Clerk of the Sanitary District of Chicago (or else cash) for 3% of the amount of bid,
required.
Securities are part of the issue of $2,000,000
bonds offered but not sold on March 22.
Choctaw Basin Drainage District No. 2, West Baton
Rouge Parish, La. Bond Election. An election will be held
Aug. 26 to vote on the question of issuing $40,000 drainage
bonds.
Clallam County (P. O. Port Angeles), Wash. Bond Offering.
Proposals will be received until 2 p. m. Oct. 2 by W.
B. Smith, County Auditor, for $40,000 funding road and
bridge bonds at not exceeding 43^% interest.
DenominaInterest semi-annually at the office of the
tion $1,000.
County Treasurer. Bids are asked on bonds maturing in
twenty years without option of prior payment or on bonds
maturing in twenty years subject to call after ten years.
Certified check for $500 required.
College Park Sanitary District, Santa Clara County, Cal.
Bond Of fering .—Proposals will be received until 8 p. m.
Sept. 1 by Theodore Lenzen/< President Sanitary Board, No.
53 Lenzen Ave., San Jose, for $55,000 5% gold bonds. Denominations forty for $1,000 and twenty for $750 each. Date
Aug. 1 1905. Interest semi-annually at the office of the
County Treasurer. Maturity $2,750 yearly on Aug. 1 from
1906 to 1925 inclusive. Certified check for 5% of bonds bid
for, payable to M. F.;Ball, Secretary Sanitary Board, required
Collinwood, Ohio. Bond Offering. Proposals will be
received until 12 m. Sept. 5 by Charles J. Moses, Village
Clerk, for the following bonds:
$15,000 5% Collins Ave. improvement bonds. Denomination SI, 000. Date July 1
California,
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1905.
Interest semi-annually at the Cleveland Trust Co. ot Cleveland.
Maturity one bond yearly beginning Oct. 1 1907.
4,000 6% Collamer Street bridge bonds. Denomination S500. Date July 1
1905.
Interest semi-annuallv at the Cleveland Trust Co. or at the
office of the Trustees of the Sinking Fund. Maturity $1,000 Jan. 1 1907.
$1,500 Jan. 1 1908 and $l,500.Jan. 1 1909.
Accrued interest to be paid by purchaser.
$200 required with bids for each issue.
for
—
Certified
check
—
Colorado Springs, Colo. Bond Offering. Proposals will
be received until 7:30 p. m. Aug. 21 by K. M. MacMillan, City
Clerk, for $170,000 4% 10-20-year (optional) gold refunding
bonds as follows:
$25,000
35,000
75,000
20,000
15,000
bonds to refund water bonds of March 1 1894.
bonds to refund water bonds ot March 1 1894.
bonds to refund water bonds of Oct. 15 1894.
bonds to refund sewer bonds of Oct. 15 1894.
bonds to refund sewer bonds ot July 1 1895.
Denomination $1,000.
Interest semi-annually at office
of City Treasurer or at the
York. Certified check for
—Bonds
New
Chemical National Bank of
3%
of the
amount
—
of bid required.
Authorized.
On July 31 the
City Council passed an ordinance providing for the issuance
Columbus, Ohio.
4%
water-improvement bonds. Denomination
Date not later than Oct. 1 1905. Interest April 1
$1,000.
and Oct. 1 at the agency for the city in New York City.
Maturity April 1 1935, subject to call after April 1 1915.
The City Council on August 2 also authorized the issuance of
of $300,000
the following assessment bonds:
$7,000
9 000
4% Leonard Avenue bonds maturing March 1 1916;; optional March
Denomination $1,000.
4% Cypress Avenue bonds maturing March 1 1916; optional March
Denomination $1,000
1
1906.
1
1906.
[Vol. lxxsi
Schiller Street bonds maturing March
Denomination $500.
1.800
4*4% sewer bonds maturing March
1,000
4H % Naghten
1.000
i%%
1
March
1908; optional
March
1908; optional
1
1
1906.
1
1906.
Denom-
ination *(;oo.
Street bonds maturing March 1 1908; optional March 1 1906.
Denomination $500.
Rich Street bonds maturing March 1 1908; optional March 1 1906.
Denomination $500.
4,000 4% Fifth Street bonds maturing March 1 1916; optional March 1 1906. Denomination $1,000.
Securities are to be dated not later than
Nov.
1
1905.
—
Crowell (Tex.) Independent School District. Bonds
Voted.
This district recently voted to issue $2,000 school
bonds.
Crystal Bay, Lake County, Minn.
Bond Offering.
Proposals will be received until 10 a. m. Aug. 26 by William
M'Lauchlan, Town Clerk (P. O. Beaver Bay), for $10,000
4% road, bridge and Town-hall bonds. Denomination
$2,000. Interest annually on July 1. Maturity $2,000 yearly
on July 1 from 1915 to 1919 inclusive. Authority for issue
Chapter 36 Laws of 1903.
Deer River, Minn. Bonds Defeated. This place on July
26 defeated by a vote of 42 to 42 a proposition to issue $7,000
6% 20-year sewerage bonds.
Derby, Conn. Bond Sale. This city has sold at private
sale to the Derby Savings Bank at par an issue of $25,000
gold coupon school-house bonds. These bonds are
being turned over to the savings institution by degrees as
the improvement progresses.
Denomination $1,000. Date
Aug. 1 1905. Interest semi-annually at the Birmingham National Bank of Derby. Maturity Aug. 1 1930, subject to call
$2,000 yearly.
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last
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Mich. Bonds Awarded. The Common Counweek awarded the $250,000 33^% boulevard bonds,
Detroit,
cil
bids for which were opened on July 25, to the Detroit Trust
Co. as follows: $150,000 bonds in serial form (1-30-year)
for $154,983 50 and $100,000 as 30-year straight bonds for
$105,777.
See V. 81, p. 521, for full list of bids and V.
81, p. 279, for details of issue.
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East Palestine, Ohio. Bond Offering. Proposals will be
received until 12 m. Sept. 5 by J. W. Knaub, Village Clerk,
Denominations ten bonds for
$20,000 5% paving bonds.
$1,500 each and ten bonds for $500. Date Sept. 1 1905. Interest semi-annually at the banking house of Chamberlain
Bros. & Co. of East Palestine.
Maturity $2,000 yearly on
March 1 from 1906 to 1915 inclusive. Accrued interest to be
paid by purchaser.
Certified check for 5% of the amount of
bonds bid for, payable to the Treasurer of the village, refor
quired.
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Eaton, Ohio. Bonds Authorized. The Village Council has
authorized the issuance of $6,000 library-site bonds.
Elgin, 111.
Bond Sale. This city has issued $18,400
Douglas Avenue paving assessment bonds to the contractor
for the work
A. E. Price in payment for the improve-
—
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ment.
Elmira, N.
Y.—Bond Sale.— On Aug. 7 the $55,000
30-year Lake Street bridge bonds were awarded to Rudolph
Kleybolte & Co. of New York City at 108.32 and the $27,000
4% 1-27-year (serial) refunding bonds were taken by N. W.
Halsey & Co. of New York City at 104.278. The following
bids were received:
4%
& Co., New York
N. W. Halsey & Co.. New York
Rhoades & Co., New York
E. H. Rollins & Sons, Boston
W. J. Hayes & Sons, Cleveland
Blodget, Merritt & Co., Boston
Denison, Prior & Co., Cleveland
E. Seymour & Co.. New York
R
$55,000
Bonds.
108.32
107.578
107.52
107.476
106.56
106.313
106.209
106.07
104.10
103.57
Klevbolte
--.
_
S. A. Kean, Chicago
H. C. Mandeville, Elmira
Second National Bank, Elmira
$27,000
Bonds.
104.09
104.278
104.02
104.145
103.63
103.17
103.11
102.35
100.
N.W.Harris &Co., New York City, put in a bid
of 105. S64
See V. 81, p. 522, for description of bonds.
both issues.
Essex County, Mass. Bids Rejected. All bids received
Aug. 7 for the $55,000 1-year notes described in V. 81, p. 575,
were rejected.
Everett, Mass.—Bond Sale.— On Aug. 10 $25,000 4%
1-25-year (serial) coupon refunding bonds were awarded to
N. W. Harris & Co. of Boston at 104.379. Denomination
Date May 1 1905. Interest semi-annually at the
$1,000.
Wmthrop National Bank of Boston.
Fairmont, Minn. Bond Election. We are advised that
the election to vote on the question of issuing $18,000 5%
water and light-plant bonds will be held some time in August or September.
Fernandina, Fla. Bonds Proposed. The issuance of Center Street paving bonds is being considered.
On July 31 Seasongood &
Findlay, Ohio. Bond Sale.
Mayer of Cincinnati were awarded $5,000 5% l-5-3r ear
(serial) park and $8,000 5% street-paving bonds for $5,057 50 and $8,348 50 respectively.
Forestport Union Free School District No. 10, Oneida
County, N. Y. Bond Offering. Proposals will be received
until 10 a. m. Aug. 19 by the Board of Education for $6,000
building bonds at not exceeding 5% interest. Denomination
Date Sept. 1 1905. Interest annually on Nov. 1.
$500.
Maturity $2,000 Nov. 1 1905, $2,000 Nov. 1 1906 and $2,000
Nov. 1 1907. Certified check for $100 required.
Fort Plain, N. Y. Bond Offering. Proposals will be received until 1 p. m. Aug. 21 by the President Board of
De
Trustees for $15,000 4% water-improvement bonds.
for
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Au«.
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THE CHRONICLE
12 1905.]
nomination SI, 000. Date Sept. 1 1905. Interest annually
Maturity
at the National Park Bank. New York City.
$1,000 yearly on Sept. 1 from 1909 to 1923 inclusive. Certified check for 10% of the amount of bid, payable to tinBonded debt at present
Treasurer of the Village, required.
James Walvaluation
297.GS7.
1905
SI,
A
$80,500.
butli is Clerk Board of Trustees.
1
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Bond Offering. Proposals will be reFostoria, Ohio.
ceived until 12 in. Sept. 1 by J. T. Yant, City Auditor, for
the following coupon refunding bonds:
bonds.
refunding wwer district Wo.
$» ixk) •)'.)•
l
j-
"
Funding sewer ilistru-t Wo. - bonds.
[funding sewer district No. 4 bond.
undlng Perry Street bond.
ooo
i
1.000 4.4 vi refunding Union Street bond.
Denomination
issues are dated Sept. 1 1905.
Interest semi-annualy at the National Park bank,
Maturity Sept. 1 1923. Certified check
v York City.
(or $500 required with bids for each issue.
Proposals will be reGalesburg, 111. Bond Offering.
ceived until 12 in. Aug. 21 for the $70,000 building bonds
Sec V. 81, p. 575, for deoffered but not sold on Aug. 1.
scription of bonds.
Oardena School District, Los Angeles County, Cal.
school bonds was awarded
Bond Sale- An issue of SI ,500
on July 31 to the Oakland Bank of Savings for $1,520.
The above
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5%
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Georgetown, Ky. Bids Rejected. All bids received on
Aug. 1 for the S25.000 4% 1-20-year (serial) sewer bonds
ribed in V. 81, p. 522, were rejected.
Glendale, Hamilton County, Ohio. Bond Offering.
—
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Proposals will be received until 12 m. Sept. 4 by J. G. Cutting, Village Clerk, for $4,000 4% 5-12-year (serial) streetimprovement and $4,000 4% 5-12-year (serial) sewer bonds.
Denomination S500. Date Sept. 1 1905. Interest semiSeparate bids to be made for each issue. Certiannual.
of the bonds bid for, payable to the
fied check for
Treasurer of the village, required. Accrued interest to be
paid by purchaser.
2^%
—
Glendora School District, Los Angeles County, Cal.
Bond Sale.— On July 31 $7,000 5% bonds of this district
were awarded to Mrs. Felix C. Howes for $7,356.
Bids.
Following are the bids reGloucester, Mass.
ceived July 20 for the S30,000 4% water bonds awarded, as
stated last week, to E. H. Rollins & Sons of Boston:
E. H. Rollins * Sons. Boston.. 105.776 Blodget. Merritt A Co., Boston 104.17
104.142
105.00 N.W. Harris & Co.. Boston
Jackson A Curtis. Boston
103.823
Adams * Co.. Boston
104.71 Jose Parker A Co., Boston
104.59 Merrill, Oldham & Co., Boston.. 103.537
ib.ook * Co.. Boston
r
104.44
Blake Bros. A Co., Boston
Green City (Mo.) School District. Bonds Registered.
—
—
—
5%
An
issue of §6,500
registered by the State
bonds
of this district
was recently
Auditor.
Greenwood (Neb.) School District. Bonds Voted. This
district recently authorized the issuance of $10,000 schoolhouse bonds by a vote of 111 to 45.
Guelph, Ont. Debenture Offering. Proposals will be received until 1 p. m. Aug. 21 by Richard Mitchell, City Clerk,
for the following debentures:
—
—
4^^
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30-year Guelph Radial Railway capital stock subscription deben-
tures.
55.000 4^iTc 30-year gas-works-extension debentures.
Hamilton County
— Proposals
(P.
O.
(i:>9
Cincinnati, at 102. 5S3 and interest.
Among the bids rcceived were the following:
Hrowne-KUlnwood Co.. Chic. .$12, 105 001 W. J. Hayes A Sons. Cleve... $12,088 00
i»hn Muveen ACo., Chicago. .012,850 on v. L. Fuller A Co.. Cleveland. 12,0
m
I
Union 8»v. Bk. & Tr. Co.. Cln 13,810 00 F. M. Stafford & Co.. Chatta. 12.020 oo
Seasotutood Allayer, Cincin.. 12.153 50)
a Bid based on bonds subject to call arter 20 years Instead of 10 years, as called
Tor 111 the advertisement.
1
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Hutchinson (Kan.) School District. Bond Sale. On
July 15 this district awarded $6,000 4% school bonds to the
These bonds
State Exchange Hank of Hutchinson at par.
are dated July 1 1905 and are subject to call at any time.
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Iron Mountain, Mich. Bond Election Proposed. There
talk of calling an election to vote on the question of issuing $50,000 bonds for street improvements.
Jamestown, Pa. Bonds Defeated. This town recently
voted against a proposition to issue $15,000 water-works
bonds.
Johnson City, Tenn. Bond Election Postponed. We are
informed that the election which was to have been hold early
this month to vote on the question of issuing $35,000 5%
school-building bonds has been postponed until Nov. 30.
Jones County, Ga. Bond Election. An election will be
held Aug. 29 to vote on the question of issuing court-house
bonds.
Kosciusko, Miss. Bond Offering. Proposals will be received until 12 m. Oct. 3 by S. P. Rimmer Jr., Clerk Board of
Mayor and Aldermen for $5,000 5% coupon bonds. DenomDate Nov. 1 1905. Certified check for 5% of
ination $500.
the amount of bid required.
La Crosse, Wis. Bond Sale. The sale of $15,000 bonds
to W. J. Hayes & Sons of Cleveland at 101.066 is reported.
La Graciosa School District, Santa Barbara County, Cal.
Bond Sale.— On July 17 $3,500 7% 1-7-year (serial) building bonds were awarded to Wm. R. Staats Co. of Pasadena
Denomination $500. Date July 5
for $3,688 .and interest.
Interest annual.
1905.
Lake City, Fla. Bonds Voted. We are advised that this
city on Aug. 1 by an almost unanimous vote authorized the
issuance of $135,000 5% bonds for municipal improvements.
Securities will mature in thirty years, subject to call in from
J. C. Sheffield is President Board of Bond
five to ten years.
Trustees
Lakewood (Ohio) School District. Bond Offering. 'Proposals will be received until 12 m. Sept. 12 by O. C. Muehlhauser, Clerk Board of Education, for $7,000 4% bonds.
Denomination $500. Date Sept. 1 1905. Interest semiMaturity $500 Sept. 1 every other year from 1907
annual.
Accrued interest to be paid by purchaser.
to 1933 inclusive.
All bids must be unconditional and must be accompanied
by a certified check on a Cleveland or Lakewood bank for
10% of the bonds bid for, made payable to the Treasurer of
the Board of Education.
Laurel, Miss.—Bond Sale.— On Aug. 1 the $20,000 5%
20-year school building bonds described in V. 81, p. 522,
were awarded to Denison, Prior & Co. of Cleveland and
Boston at 104.57 and interest a basis of about 4.647%.
Following are the bids:
Denison, Prior & Co.. Cleve. ..$20,914 00 W. J. Hayes A Sons, Cleve.. .$20,330 00
20,300 00
Seasongood & Mayer, Cincin.. 20,757 75 W. R. Todd & Co., Cincin
First National Bank, Laurel.. 20,630 00 F.L. Fuller &Co.. Cleve
20,250 00
20.200 00
Weil, Roth & Co.. Cincin
20,625 00 S. A. Kean, Chicago.
Com'l Bk. & Tr. Co.. Laurel.. 20.450 00
Lexington,' N. C. Bond Election.
An election will be
held Aug. 19 to vote on the question of issuing $40,000 bonds
is
$1,000.
$48,000
———
.
Cincinnati),
Ohio.
—Bond
Of-
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be
received until 12 m. Sept. 5
by the Board of County Commissioners, Geo. C. Zimmerman, Clerk, for $50,000 4% toll-pike purchase bonds.
Denomination $500. Interest March 1 and Sept. 1. Mafor public improvements.
turity 25 years.
Certified check on a national bank or
Liberty, Mo.
Bonds Registered. The State Auditor retrust company for $500, payable to the Treasurer of Hamcently registered the $55,000 5% water bonds awarded on
ilton County, required.
22 to the American National Bank of Kansas City.
Hammond, La. Bonds not Sold. No sale was made June
Fifty-four of these bonds are in denominations of $1,000 and
on Julv 20 of the $30,000 5% water and drainage bonds
four of $250 each.
mentioned in V. 80, p. 2635.
Little Rock (Ark.) School District.
Bonds Authorized.
Hardin County (P. O. Kountze), Tex.— Bond Sale. The
The
School Board has decided to issue $80,000 5% bonds to
$40,000 5% 10-40-year (optional) jail bonds dated April 10
complete and furnish the new high school.
1905 and registered by the State Comptroller on July 20
Los Angeles, Cal. Bond Election Proposed. The Board
have been sold through the Gulf National Bank of Beaumont
of
Water Commissioners have requested the City Council
for S41,372 22.
Denomination $1,000. Interest annually
to call an election to vote on the question of issuing $ 1 ,500,000
on April 10.
water-supply-improvement bonds.
Haverhill,
Mass. Bond Offering. Proposals will be
Lovelocks, Humboldt County,
Nev. Description of
ived until 10 a. m. Aug. 14 by Arthur T. Jacobs, City
We are advised that the $12,000 water bonds, the
asurer, for $35,000 4% coupon school-house bonds. Bonds.
1> nomination $1,000.
Date April 1 1905. Interest '-mi- sale of which was mentioned on page 576 of last week's
purchased by R. Anderson at 105 for 4 per
annually at the First National Bank of Boston.
Maturity issue, were
Securities are dated Jan. 2 1905 and will mature in
rly on April 1 from 1906 to 1915 inclusive, §3,000 ma- cents.
turing in even and $4,000 in odd years.
Accrued interest ten years.
t<> be
paid by purchaser.
Lucas County (P. O. Toledo), Ohio. Bond Sale. We give
1-20Highlands, N. J. Bond Sale. On July 24 an issue of below the bids received Aug. 8 for the $80,000
226.
year
(serial)
V.
county
bridge
bonds
described
in
p.
81,
$25. 100 5% 10-30-year (optional) electric-light and water
bends was awarded to H. K. Btokee at 101. Denomina- E. II. Rollins A Sons. Chic.. .$84,830 00 Prov. Sav Bk. A Tr. Co.. Cln. $83,068 00
Central Trust A Safe hep. Co. 84,461,00 Denison. Prior ACo., Cleveland
tion $1,000.
Date Aug. 1 1905. Interest semi-annual.
S
Spltzer A Co.. Toledo
84.435 00
and Boston
?,^S1 ™
B ,721 00
It. Kleybolte A Co., Cincin... N4.320 00 Lampreciit Bros & Co..
lev
Holyoke,Mass. Bonds Proposed. The Finance Com- Seasongood
" PJJ
AMaycr. Cincin.. 84,228 80 Union Sav. Ban
mitte of the Board of Aldermen recommend the issuance of W. J. Mayes A Sons. Cleve... 84.211 00
av. Hk. A Trust
Hoehler A Cumm
lol.do 84,210 00 F. L.
$75,000 school and $30,000 lighting bonds.
Hayden. Miller A Co.. Cleve.. 84.140 00 N\ W. Harris .v Co., Chicago, si, 220 00
Hoosick Falls, N. Y.— Bonds Authorized.—li is stated
Macon, Ga.— Bond Election Ordered.—The City Council
the Village Trustees have authorized the issuance of has passed a resolution providing for an election to vote on
000 building bonds.
the question of issuing S75,ooo street-improvi ment bonds.
Humboldt, Sum.—Bond Sale. On Aug. 7 the
Magee, MiBB.—Bond Sale. The $1,600 Bchool bonds
l-30-year (optional; Bchool
described in V. 81, mentioned in V. 80, p. _M7s, have been sold to the Capital
p. 280, were awarded to the Union Savings Bank & Tn
National Bank Of Jackson, .Miss.
fering.
will
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THE CHRONICLE.
630
Manitowoc
Offering.
County
(P.
0.
Manitowoc),
Wis.
Bond
relative to the offering
— Further details are at hand
Procourt-house bonds.
4%
coupon
on Sept. 1 of $150,000
posals for these bonds will be received until 1 p. m. on that
day by Edw. Schaffland, County Clerk. Denomination
Date Aug. 1 1905. Interest semi-annually at the
$1,000.
Maturity yearly on Feb. 1
office of the Comity Treasurer.
as follows:
$3,000 in 1908, $4,000 in 1909, $5,000 in 1910,
$9,000 in 1911 and also in 1912, and $10,000 yearly from
1913 to 1924 inclusive. Certified check for 3%, payable to
Bonded debt this issue.
the County Treasurer, required.
Assessed valuation 1904 $30,678,728.
public-hall
Mankato, Kan.—Bond Sale.— The $10,000
bonds voted at the election held recently have been sold at
par to local investors. Denomination $100. Date Sept. 1 1905.
Maturity 20 years, subject to call
Interest semi-annual.
at the option of the city.
5%
—
Marion, Williamson County, 111. Bond Offering.
Further details are at hand relative to the offering on Aug.
Pro14 of $20,000 4% coupon sewer-improvement bonds.
posals for these bonds will be received until 7:30 p. m. on
that day by C. H. Denison, Mayor. Authority Chapter 24
Denomination $500.
Article 5 of the Revised Statutes.
MaInterest annually at the Marion State & Savings Bank.
turity $2,000 yearly from 1910 to 1919 inclusive not from
The
1908 to 1917 as stated in one of the advertisements.
Assessed valuation $478,000.
city has no debt at present.
Marion, Ind—Bond Sale.— On Aug. 1 an issue of $20,000
5% funding bonds was awarded to N. W. Harris & Co. of
Chicago at 117.62. Denomination $1,000. Date Aug. 1
Maturity one bond each six
Interest semi-annual.
1905.
manths, beginning ten years after date of issue. The following bids were received:
$21,800
$23,524 F. L. Fuller & Co., Cleveland
H. W. Harris & Co.. Chicago
23,025 Thos. C. Day & Co., Indianapolis. 2 1.126
J. F. Wild ftCo., Indianapolis
20,620
R. Kleybolte & Co., Cincinnati... 22, 990 Marion State Bank, Marion
20,018
E. M. Campbell & Co., Indianap..22.5S0 Robert Wild & Co
W.
Steele
(for
$5,000
not
Geo.
Trust
Cln.22,100
Sav.
Bank
&
Co..
Union
considered.
22,000
W. R. Todd & Co., Cincinnati
Proposals will be reMarksville, La. Bond Offering.
ceived until 4 p. m. Aug. 29, by C. Ashton Smith, Mayor,
Certifor $15,800 gold 5% 20-year water and light bonds.
fied check for $500, payable to the Mayor, required.
Martin County (P. O. Fairmont), Minn. Bond Offering.
Proposals will be received until 1p.m. Aug. 15 by the Board
of County Commissioners at the office of H. P. Edwards,
County Auditor, for $25,000 ditch bonds at not 'exceeding
6% interest. Maturity $2,500 yearly from two to nine years
—
p. 226, were
for $55,851.
|
Vol. lxxxi.
awarded to Wood, Gundy & Co. of Toronto
Denomination $1,000. Date Aug. 1 1905.
Maturity part yearly for thirty years.
Mount Vernon, N. Y. Bond Sale. On Aug. 7 $35,000
4% school bonds were awarded to Kountze Bros., New
York City, at 106.36. Following are the bids:
Kountze Jiros.. New York
100.3GI F-. Seymour &Co., New York
105.07
W. J. Hayea A Sons. CU •v<-!and__.l05.82|Farson, Leach & Co., New York. 104.837
—
O'Connor
<fc
New
Kflhler,
Xew York... 105.091
Barbadoes School District, Bergen County, N. J.
Bond Sale. On Aug. 7 $45,000 4% improvement bonds of
this district were awarded to H. L. Crawford & Co. of New
York City at 103.185. A bid of 102.76 was also received
for the bonds from R. M. Grant & Co. of New York City.
Denomination $1,000. Date Aug. 1 1905. Interest semiannual.
Maturity $5,000 yearly on Aug. 1 from 1934 to
—
1942 inclusive.
—
Ohio.
Bond Election. An election, it
stated, will be held to-day (Aug. 12) to vote on the question of issuing $50,000 water-improvement bonds.
Newburgh,
is
Newcastle School District No. 1, Westin County, Wyo.
Bond Sale. On Aug. 7 $10,000 6% refunding bonds were
awarded to Henry W. Gebauer at 104. Denomination,
Date, Aug. 1 1905. Interest, semi-annual. Ma$1,000.
turity, one bond yearly beginning five years after da^e of
—
issue.
— We
New Haven, Conn. Bonds to be Offered Next Month.
are advised that the bonds authorized by the recent General
Assembly will be offered for sale about the latter part of
September.
Newport, Ky. Bond Election. The Board of Aldermen
has decided to submit to a vote of the people a proposition
to issue $50,000 electric-light-plant bonds.
New Rochelle, N. Y. Certificate" Offering. Proposals will
be received until 8 p. m. Aug. 22, by Charles Kammermeyer, City Clerk, for $90,000 6% certificates of indebtedDenomination $5,000. Date Aug. 23 1905.
Maness.
Certified check or cash for $2,000,
turity April 23 1906.
payable to the City Treasurer of the city of New Rochelle,
required.
Purchaser to pay accrued interest. Certificates
Authority
will be delivered to the purchaser on Aug. 30.
for issue, Section 244, Chapter 128, Laws of 1899, and Acts
amendatory thereto; also resolution of Common Council
adopted Aug. 1 1905.
Certified national bank
after date and $5,000 in ten years.
The official notice of this offering will be found among the
check for $500, payable to the Treasurer of Martin County, advertisements elsewhere in this Department.
required.
Norristown, Pa. Bonds Not to be Issued at Present. We
Medford, Mass. Temporary Loan. This city has borare informed that the matter of issuing $12,000 sewer bonds
rowed $50,000 for six months from Blake Bros. & Co. of has been postponed for the present.
Boston at 3.65% discount. Loan is in anticipation of the
North Branch, Chisago County, Minn. Bonds Not Sold.
collection of taxes.
No
bids were received on Aug. 5 for the $2,000 4^o% 20-year
Menominee, Mich. Bond Bids. The following bids were improvement bonds described in V.
The interest
81, p. 281.
received July 31 for the $30,000 4% park bonds described
rate, we are informed, will now be increased to 5J^% and the
W. R. Todd & Co. of Cincin., par and bonds re-advertised.
in V. 81, p. 523:
$100 premium; the Security Savings Bank & Trust Co. of
North Kingston, R. I. Bond Offering. Proposals will
Toledo, par less $1,250 for attorney's fees, etc. The award
until
12 m. Aug. 19, by Albert Rodman,
bfc received
was postponed.
Chairman, P. O. Lafayette, for $125,000 4% gold funding
Mercer, Pa. Bond Election. An election will be held
Date Sept. 1 1905. Inbonds. Denomination $1,000.
Sept. 5 to vote on the question of issuing $25,000 paving
terest semi-annually at the Industrial Trust Co. of Provibonds.
Maturity Sept. 1 1940.
dence.
Mercer County (P. O. Trenton), N. J. Bond Sale.
North Platte, Neb. Bonds Not Sold. No bids were reLocal papers report the sale of $20,000 4% renewal bonds
ceived on July 31 for the $30,000 4% main-sewer bonds
to the Mercer Trust Co. of Trenton and $10,000 4% 20-year
described in V. 81, p. 227.
bridge bonds to the Sinking Fund Commissioners.
Oklahoma County (P. O. Oklahoma City), Okla. Bonds
Mercer County (P. O. Celina), Ohio. Bond Sale. The
The election Aug. 1 resulted in favor of the propoVoted.
Board of County Commissioners have awarded an issue of
sition to issue $30,000 jail-building and $10,000 court-house$5,000 5% Linn road-improvement bonds to the First Nat.
Bank of Celina at 100.10. A bid of par was also received furnishing bonds.
Onawa, Iowa.—Bond Sale.— On Aug. 7 the $10,000 4%
for the bonds from W. R. Todd & Co. of Cincinnati.
Denomination $500. Date Aug. 1 1905. Interest semi-annual 20-year water-works bonds described in V. 81, p. 523, were
awarded to Edwin C. Benedict at par and accrued interest.
Maturity one bond yearly for ten years.
Bids were also received from S. A. Kean of Chicago, from
Milford, Conn. Bonds Not Yet Sold.
No sale has yet been John
P. O'Brien & Co. of Boston and from Geo. A. Oliver.
made of the $18,000 2>V2
20-year refunding bonds offered
Oneida,
N. Y. Bond Offering. Proposals will be received
on June 30 but not sold.
until 12 m. Aug. 29 by C. M. Ruggles, City Clerk, for
Milwaukee County, Wis. Bond Sale. On Aug. 10 the
$45,000 4% water bonds. Authority, Chapter 225 Laws
$450,000 4% 1-20-year (serial) viaduct bonds described in
Denomination $500.
of 1901; also election held July 14 1905.
V. 81, p. 280, were awarded to E. H. Rollins & Soms and
1 1905.
Aug.
Interest annually on Aug. 1 at the office
Date
Farson, Leach & Co. of Chicago at their joint bid of 102.16.
Maturity
of the City Chamberlain or in New York City.
Monroe, Ga. Bond Offering. Proposals will be received twenty years. Certified check for 10% of bid, payable to
until 4 p. m. Aug. 28 by J. R. Radford, City Treasurer, for the City Clerk, required.
Bonds are exempt from taxation.
the following bonds:
County
(P. O. Utica), N. Y.
Bond Sale. On
Oneida
$15,000 5% coupon electric-light bonds. Denomination SI, 000. Date June 1 1905.
registered court-house bonds
Interest annual.
Aug. 4 the $520,000
Maturity $7,000 June 1 1925 and 38,000 June
1935.
Certified check (or $500, payable to the City Treasurer, required.
in V. 81, p. 523, were awarded to the Utica Trust
$30,000 5% coupon water-works bonds. Denomination $1,000. Date Dee. 1 1905. described
Interest annual.
Maturity $15,000 Dec. 1 1925 and S15.000 Dec. 1 1935.
Deposit Co. (the only bidders) at 100.03. Securities
&
Certified check for $1,000, payable to the City Treasurer, required.
mature yearly on 'Feb. 1— $22,000 from 1906 to 1923
Bonded debt, including this issue, $55,000. Assessed inclusive, $24,000 in 1924 and $25,000 from 1925 to 1928
valuation 1905 $945,000.
inclusive.
Moody (Tex.) Independent School District. Bond Sale.
Orange, N. J. Bond Sale. This city has sold an issue
On Aug. 1 the State Board of Education'purchased at par and of $15,000 4% school-furnishing bonds to N. W. Halsev &
interest the $11,500 5% 10-20-year (optional) school-house Co. of New York City at 103.67.
Denomination $1,000.
bonds registered by the State Comptroller on June 28. Se- Date July 1 1905. Interest semi-annual. Maturity July 1
curities are dated June 1 1905.
1935.
Moose Jaw (N. W. T.) School District No. l.—Bond Sale.
Ozark, Mo. Bonds Registered. The $8,500 5% bonds
On Aug. 1 the $55,000 5% debentures mentioned in V. 81, ($6,500 water, $1,000 fire and $1,000 sewer) awarded on
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A.TJG.
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— ——
THE CHRONICLE.
L2 1905.|
the Blackburn Investment Co. were recently
Denomination $500.
the State Auditor.
by
registered
Aug.
the $15,000 ,v
1
Sale.—
On
Bond
Perry, Fla.—
coupon water bonds described in V. 81, p. 48, were awarded
This was the only
to the Citizens' Bank of Terry at par.
Juno 20
to
,
bid received.
Election
Order Repealed.
The City
Pittsburgh, Pa.
Councils have repealed the ordinance calling an elec tion
Aug. 22 to vote on the question of issuing §2,000,000 Fifth
Avenue "hump" removal bonds.
Pittsburgh
— Minersville —Sub-School
District.
—
Blodiret. Mi-rntt & Co., Boston.
Eitabrook a Co.. Boston
Plymouth, Ohio.
10:?.159
Adams
103.07
103.03
103.01
Morrill.
Bids.
St
Co., Boston
Old ham A Co.. Boston.
Parkinson A Burr. Boston
102.65
102.649
102.81
— Following are the bids received
July 25 for the $6,000 5% 5-16-year (serial) water and light
bonds awarded, as stated last week, to Deuison, Prior & Co.
of Cleveland.
Denlson. Prior A Co.. Cleve
W. R. Todd A Co.. Clncln
Lamproclu Bros. A Co Cleve..
Well. Koth 4 Co.. Cinciu
W. J. Hayes A So7is. Cleve
Seasoneood A Mayer, Cincin
P.S. Bri^s A Co.. Cincin
4%
The
official notice of this
bond offering
the advertisements elsewhere in this
San Angelo, Tex.
$0,402 75 Hochlcr A Cummings, Toledo.. $6, 287
6.360 OOlHayden, Miller A Co.. Cleve... 6,258
o,;>32 40 Albert C. Case, New York
6,228
6.321 00 Citizens' Bank. Shelby
6.205
6,320 00! Mansfield Savings Bank
6,025
6,298 25<S. A. Kean, Chicago ("not eon6.290 001
sidered").
1
00
00
00
00
00
will be
found among
department.
—
On Aug. 3 by a vote
authorized the issuance of $30,000 5%
Bonds Voted.
school bonds.
Notii
Withdrawn. -The order calling an election
Aug. 22 to vote on the question of issuing §300,000 schoolbuilding bonds has been withdrawn.
Plymouth, Mass. Bond Sale. On Aug. 7 an i.-^ue of
$1S,000 4% 1-18-year (serial) fire-department bonds was
awarded to R. L. Day & Co. of Boston at 103.159. DoDate Sept. 1 1905. Interest seminomination SI. 000.
The following bids were received:
annual.
R.L.Day A Co.. Boston
N. W. Harris A Co.. Boston
(i:JI
of 116 to 3S this city
Election
—
coupon hospital-ground bonds.
Denomination $500 or $1,000, as desired by purchaser.
Date July
Interest semi-annually in New York City.
1 1905.
MaturCertified check for 2% of the par value
ity June 30 1935.
of the bonds bid for required.
for $20,000
—
Bond
— ———
— —
—
Santa Barbara, Cal. Bond Sale. Early in July this city
awarded to E. H. Rollins & Sons of San Francisco at 106.145
and interest an issue of $40,000 4J^% water-works extension
Denomination $1,000. Interest Feb. 1 and Aug. 1.
bonds.
Sault Ste. Marie (Mich.) School District. Bond Offering.
Proposals will be received until 10 a. m. Aug. 22, by
.las. T. Moore, Secretary Board of Education, for $25,000
4% coupon school-building bonds. Denomination $500.
Date Sept. 15, 1905. Interest semi-annually at the HanMaturity Sept. 15
over National Bank, New York City.
—
1915.
Board
Certified check for $500,
of Education, required.
Sedalia,
payable to the Treasurer
—
Bonds Registered. The
4% bonds of this
These bonds were awarded last April to N. W.
(Mo.) School District.
State Auditor recently registered $25,000
district.
Harris
&
Co. of Chicago.
Johnson, O. W. Schafer, William Wersich et al.,
Drainage District, Warrick and Spencer Counties, Ind.
Bond Sale— On Aug. 5 the $13,666 22 5% drain bonds
Polk County, Mo. Bonds Voted. This county on Aug. 3 described in V. 81, p. 524, were awarded to Charles M. Hammond of Boonville at par and $195 premium. Securities are
voted to issue $50,000 court-house bonds.
in denomination of $1,000, except one bond for $666 22, and
111.
Pontiac,
Bonds Refused Bo?ids
Re-awarded.
The $34,000 20-year street-improvement bonds awarded on will mature one bond yearly beginning Nov. 1 1907.
Shelby County (P. O. Sidney), Ohio. Bond Offering.
July 15 to X. W. Halsey & Co. of Chicago have been refused
by the firm and were subsequently re-awarded to John Nu- Proposals will be received until 12 m. Aug. 22 by the County
veen & Co. of Chicago at par for 4^2 per cents. See V. Commissioners at the office of R. B. Dill, County Auditor,
Denominations
81, p. 227, for description of bonds; also V. 81, p. 281, for for $9,100 4% ditch-improvement bonds.
two for $700 each, six for $500 each, six for $400 each, two
bids received at original sale.
Port Chester, N. Y. Bond Sale.— On Aug. 7 the $6,900 for $300 each, eight for $150 each and ten for $50 each.
Dated July 1 1905. Interest semi-annually at the office
4% 5-year Adee Street paving bonds were awarded to Port of
Maturity as follows:
the County Treasurer.
Chester Savings Bank at 101.25 and interest.
.
—
—
S. G.
—
—
—
Port Clinton, Ohio. Bonds Authorized. The following
bonds have been authorized by the Village Council:
119,600 4>S ri refunding bonds. Denominations one bond for $600 and nineteen
for $1,000 each.
Date Aue. 1 1905. Interest June and December
Maturity $1,600 June 1 1907 and $2,000 yearly on June.l from 1908
to 1916 lnclusl-e.
800 5 I 2-6-year (serial) sewer-assessment bonds dated July 1 1905. Denomlnaton $160.
[«
3.300 6% 2-9-year (serial) Jefferson Street assessment bonds.
Denomination
$400 except one bond for $500
Date Sept. 15 1905. Interest semiannual.
.
Pueblo (Colo.) School District No. l.—Bond Election.—
election will be held Aug. 24 to vote on the question of
issuing bonds for a school house.
This is the second time
this proposition will be voted upon, irregularities in the first
An
election necessitating a
Putnam County
new
vote.
—
Ohio. Bond Sale.
The following bids were received Aug. 5 for the $66,000 5%
2-12-year (serial) road bonds described in V. 81, p. 281:
(P.
O. Ottawa),
R. Kleybolte A Co., Cincin.. .$70,375 S0|Xew First Nat. Bk., Columbus $69,320
E.H.Rollins A Sons, Chicago. 69.s61.00l W. R. Todd 4 Co., Cincinnati. 68.970
Lunprccht Bros. ACo., Cleve. 69.768 60 Spitzer A Co., Toledo
68,775
SeMongood A Mayer. Cincin.. 69.675 00| P. S. Brlggs A Co., Cincin
68.640
W. J. Hayes A Sons. Cleve... 69,625 00| Hoehler A Cummlngs, Toledo. 68,450
Dentoon .Prior A Co.. Cleve.. 69.603 00lSecur.Tr. ASav. Co., Toledo.. 68,400
Well, Roth A Co.. Cincinnati. 69,511 S0| Cincinnati Trust Co., Cinclfl.. 68,310
Union Sav.Bk. ATr.Co.,Cin. 69.382 501
00
00
00
00
00
00
00
Randleman, N. C.—Bond Sale.—On Aug. 7 the $7,500 5%
30-year school bonds described in V. 81, p. 227, were awarded
to Farson, Leach & Co. of Chicago at 101.333 and interest.
Denomination $500. Date July 1 1905. Interest semiannual.
The following bids were received:
Farson. I.each A Co., Chicago.. $7, 600 OOiS. A. Kean. Chicago
$7,507 50
C. H. Coffin. Chicago
Bond Sale.— On Aug.
7,551.001
Robinson-Humphrey
Co.. Atlan 7,500 00
the $7,500 5% 30-year coupon
6treet-improvement bonds described in V. 81, p. 281,
were awarded to Farson, Leach & Co. of New York City for
$7,600 and interest.
Ravenna, Ohio. Bonds to be Issued. This place, it is
stated, will issue 865,000 sewer bonds.
Redlands, Cal. Bids. Following are the bids received on
Aug. 2 for the S100,000 4J^% 1-40-year (serial) gold street
bonds awarded, as stated last week, to E. H. Rollins & Sons
of Sua Francisco:
7
—
—
E H.
A
Sons. San Fran. $106.0671 Wm. R. Staats Co., Pasadena.. $102, 851
lUson. Lc*ls ACo., Chieago .. 104.910] San Fran. Saw Un. (for $50,000) 51.700
Lot Angeles Trust Co
104,3171
Rollins
Red Lion School
District, York County, Pa.
Bond Elecelection will be held Aug. 15 to vote on the
question of issuing $25,000 bonds.
tion.
— A special
—
Bonds Refused. We are advised that C.
Chicago have refused the $10,000 5% 1-30-year
(serial; gold water bonds awarded to them on -May 22, for
the reason that the notice of election was published for only
twenty-five days, whereas the law requires thirty days.
Rockville,
Conn.— Bond Sale.— An issue of $75,000
filtration-plant bonds has been sold to E. H. Gay & Co. of
Boston.
Richland, Ga.
H. Coffin
of
—
St. Paul, Minn.
Bond Offering. Proposals will b
ceived until 12 m. Aug. 23 by Louis Betz, City Comptroller,
$1,750
1,700
1,650
1.600
Jan.
July
Jan.
1
1
1
1906|$1.100
1906 1,100
19071
50
J.ily
1
19071
Jan.
July
Jan.
1
1
1
1908 $50
1908 50
1909 50
July
Jan.
July
1
1
1
1909
1910
1910
Cash deposit of $200 required.
Shelby ville, Tenn. Bonds Voted. Of the votes cast at
the election Aug. 3 on the proposition to issue $40,000
water and light bonds, a small majority was in favor of the
—
issue.
Short Creek Township School District, Ohio. Bond Sale.
5 the $2,000 6% registered school bonds mentioned in V. 81, p. 578, were awarded to the Harrison NaFollowing are
tional Bank of Cadiz at 101.80 and interest.
the bids:
Harrison Nat. Bank, Cadiz. .$2,036
Farmers' A Mechanics' Nat.
First Nat. Bank, Cadiz
2,029 00
Bank. Cadiz
$2,020 50
Fourth Nat. Bank. Cadiz
2.021 20 New First Nat. Bk.. Columbus. 2.000 00
Shreveport, La.
No Bond Election. We are advised that
the proposed election Aug. 4 to vote onthe issuance of $180,000 electric-light-plant bonds was not held for the reason
that a contract had been entered into with the Shreveport
Electric Light & Power Co. to supply light for six years from
July 1 1905.
Silver Creek, Chautauqua County, N. Y.
Bonds to be
Issued Shortly.
We are advised that the $20,000 waterworks bonds mentioned in V. 80, p. 2480, will be offered
On Aug.
—
—
about Sept. 1.
Sioux Falls (S. Dak.) School District. Bond Offering.
Local papers state that the $75,000 high-school-building
bonds voted on June 30 will be offered at public auction on
Aug. 23 by B. H. Requa, Secretary School Board.
Sonoma, Cal.—Bond Sale.— On Aug. 2 $10,000 5% 1-20year (serial) city-hall bonds were awarded to Mrs. M. T.
Stearns at 109.82.
Denomination $500. Date Sept. 7
1905.
Interest semi-annual.
The following bids were re-
for sale
ceived:
Mrs. M.T.
Chas.
—
Stearns.
Fllllpinl.
Napa
Oakland Bank of Savings.
Los Angeles Trust Co.
109.82
102.50
102.46
102.20
I
W. R. Staats Co., Pasadena
Adams-PhllllpsCo., Los Ange..
Union Trust A Sa v. Bank
Robt. A. Poppe
—
102.15
102.11
102.01
101.011
South McAlester, Ind. Ter. Bonds Voted. By a vote of
731 to 23 this city on Aug. 3 authorized the issuance of
8125,000 5% 30-year school bonds.
Date of sale not yet
determined.
South Omaha, Neb. Bond Offering. Proposals will be
received until 8 p. m. Aug. 14 by John J. Gillin, City Clerk,
for $35,000 5% coupon improvement District "E" bonds.
These securities, according to the advertisement, are genDate
eral obligations of the city.
Denomination S500.
Aug. 1 1905. Interest semi-annually in New York City.
Maturity twenty years, subject to call before thai date.
Certified national
Accrued" interest to be paid bv purchaser.
bank check for 81,000, payable to the city, required.
Hi be reStromsburg, Jjfeb.—Bond Offering.
P
ceived until 8 p. m. Sept. 5 by C. V. Nel on, City Clerk, for
Denomin
$9,000 5% coupon water-extension bonds.
[nterest annually on Aug. 15
$1,000.
Date Aug. 15 1905.
—
THE CHRONICLE.
632
Maturity 20
at the State fiscal agency in New York City.
years, subject to call after 10 years. Certified check, draft or
cash for $150 required. Bonded debt, including this issue,
Assessed valuation 1905 $199,370.
$15,000.
Sudbury, Ont. Debenture Sale. On Aug. 7 the $20,debentures mentioned in V. 81, p. 282, were awarded
000
Securities mature part
to James A. Mulligan at 103.75.
yearly on Feb. 1 for twenty years.
—
were voted last June, but on account of some irregularities
a new election must be held.
Union County (P. O. Marysville), Ohio. Bond Offering.
Proposals will be received until 12 m. Aug. 19 by Dwight
B. Edwards, County Auditor, for $30,000 5% ditch bonds.
Denomination $500. Date July 1 1905. Interest semiannually at the office of the County Treasurer. Maturity
$1,000 each six months from Jan. 1 1906 to July 1 1920 inclusive.
Bidders must satisfy themselves as to the legality
of the bonds before bidding.
Proposals to be unconditional
and must be made on blank forms prepared by the County
Auditor. Certified check for $1,000 required. Authority
for issue Sections 4,479, 4,480 and 4,482 Revised Statutes
of Ohio.
Utica, N. Y. Bonds Authorized.
The issuance of $180,000
314% drainage and $41,843 73 4% paving bonds has been
—
County, N.
will
J.
m.
O. HackenDenomina-
until 8 p.
I. Ackerman, District Clerk, P.
coupon school bonds.
sack, for $23,000
Date Sept. 1 1905. Interest semi-annually
tion $1,000.
at the United States Mortgage & Trust Co., New York City,
which company will certify as to the genuineness of the bonds.
Maturity $1 ,000 yearly on Sept. 1 from 1913 to 1935 inclusive.
The proceedings relative to the issuance of these bonds have
been approved by Hon. Robert H. McCarter, State AttorneyBids must be made on
General, in accordance with the law.
forms furnished by the District Clerk and must be accomof the amount of bonds
panied by a certified check for
bid for, payable to the above-named District Clerk.
Aug. 21 by Peter
4%
—
authorized.
—
—
Tensas Parish (P. O. St. Joseph), La. Bond Offering.
Proposals will be received until Sept. 15 by William M. Davidson, Treasurer, for $50,000 5% 30-year court-house bonds.
Denomination $1,000. Interest semi-annual.
Proposals will be received
Tobias, Neb. Bond Offering.
until 12 m. Aug. 15 by F. R. Wallace, Village Clerk, for
$8,000 6% water-works bonds. Authority, election held
Nov. 29 1904. Date Sept. 1 1905. Interest annually in
New York City. Maturity 20 years, subject to call after
Certified check for $400 required.
5 years.
Proposals will be received
Turin, N. Y. Bond Offering.
until 2 p. m. Aug. 14 by L. T. Strong, Village Clerk, for
$14,000 5-29-year (serial) water bonds. Denomination
Interest (rate to be named in bid) will be payable
$560.
Feb. 15 and Aug. 15 at the First National Bank of Boonville.
Twinbrooks, S. Dak. Bond Election. An election will
be held in September to vote on the question of issuing
$2,700 water-works bonds. These bonds, we are informed,
—
—
—
NEW
NEW
LOANS.
Garfield,
J.,
Coupon or Registered Bonds.
Notice is hereby given that the BOROUGH OF
GARFIELD, N.J. .will until eight o'clock in the afternoon of the SIXTEENTH DAY OF AUGUST,
HUNDRED AND
FIVE, receive
NINETEEN
sealed proposals at the office of the Borough Clerk
in the Council Cbamber, situate in the engine house,
corner of Midland Avenue and Somerset Street, in
the Boroujih of Garfield, for the purchase of the
following-described bonds, that Is to say, seventyfour bonds of one thousand dollars each, said bonds
to be dated September 1, 1906, and to be either
coupon or registered bonds at the option of the
purchaser, and to bear Interest at the rate of four
per centum, payable March first and September first
of each year at the Peoples Bank & Trust Company,
Passaic, New Jersey. Said bonds shall be so drawn
that fifteen thousand dollars shall mature at the
expiration of ten years and fifteen thousand dollars
at the expiration of fifteen yearB and the remainder
at the expiration of twenty years from the date of
issue thereof. Said bonds shall be approved by
Adrian D. Sullivan, Borough Attorney." whose
opinion as to legality will be delivered to the purchaser of said bonds, together with a complete
trsnscript of the proceedings bad in connection
therewith. The purchaser shall be required to
accept and pay for said bonds at the Peoples Bank
& Trust Company, No. 188 Main Avenue, Passaic,
New Jersey, upon reasonable notice that said bonds
are executed and ready for delivery.
The Council reserves the right to reject any and
all bids.
A certified oheck drawn
on an incorporated State
or National bank or trust company for an amount
eqnal to five per cent of the amount of the bonds
bid for, payable to the order of the Borough of
Garfield, will be required by the borough as a condition precedent to the filing of any bond.
By order of the Mayor and Council.
FRANK E. KANE, Borough Clerk.
Dated August 2. 1905.
R.
L.
DAY &
—
—
NEW
LOANS.
CO.,
Town
of
West
Oraiige, N.
J,,
30-YEAR 4% BONDS.
Company.
Bids must be on forms furnished by the Board.
A certified check on a National Bank or Trust
Company, payable to the order of Frank L. Baldwin,
Clerk, for $250 must accompany each bid.
Bids will be opened in a public meeting of the
Board of Education, at the High School, Gaston
Street, West Orange, N. J., at 8:8o P. M., August 15.
1905.
The
right is reserved to reject any or all bids.
For blank form of bid and circular of information,
address Frank L. Baldwin. District Clerk. West
Orange, N. J., or United States Mortgage & Trust
Company, 55 Cedar Street, N. Y.
Finance Committee of the WM. ROLLTNSON,
Board of Kaucation.Town { N. N. 8M 1TH,
of West Orange. N.J.
/ FRANK L. BALDWIN
City Comptroller's Office,
St. Paul, Minn. August 5. 1905.
will be received at the office of
Sealed proposals
the City Comptroller bytbe Sinking Fund Committee
until 12 o'clock noon on AUGUST 23d. 1905, tor the
purchase of Twenty Thou-and (120,000) Dollars of
bonds of the city of St. Paul, Minnesota, the proceeds of which to be used to acquire additional real
estate to enlarge the grounds or the City and County
Hospital.
These bones are issued pursuant to
Ordinance No. 2616, passed by the City Council and
approved June 6th, 1905, authorized by Chapter 139
of theLawsof Minnesota tor the year 1905, approved
April lltb, 1605. Bonds in denomination of Five
Hundred or One Thousand Dollars each, as the
purchaser may desire (with coupons attached) are
dated July 1st, 11-05. and mature June 30th, 1985;
they bear interest at the rate of four (4%) per cent
per annum, payable semt- annually, interest and
principal payable at the financial agency of St. Paul
in New York City. Delivery of the oonds to be made
at the Comptroller's office, where payment must be
made by the successful Didder. A certified check, payable to the City Treasurer of the City of St- Paul, for
two (t%) percent of the par value of tbe bonds bid
for, mast accompany each bid that will be considered. Bids will be received for all or any part of
the lot. The committee reserves the right to reject
any and
8 Nassau
Street,
LOUIS BETZ,
Trowbridge&NiverCo.
MUNICIPAL AND PUBLIC SERVICE
BONDS.
&
Burr,
NEW YORK
60 State
Municipal Bonds,
171
LA SALLE STREET,
CHICAGO.
60 State Street.
BONDS.
Street,
SEND FOR
LIST.
BOSTON.
DENISON, PRIOR &CO.
STATE, MUNICIPAL, AND HIGH GRADE
RAILROAD SECURITIES.
FULTON & CO
BOSTON,
CHICAGO,
Nat. Bank Bldg.
INVESTMENT BONDS, INVESTMENT
STOCK EXCHANGES.
R.
City Comptroller.
I
MEMBERS
YORK
AND BOSTON
NEW
F.
all bids.
Proposals to be marked "Bids for Hospital Bonds"
and addressed to
1st
86 Congress Street,
BOSTON.
LOANS.
City of St. Paul, Minnesota,
SCHOOL BONDS.
Sealed proposals will be received by the Clerk of
the Board of Education of the Town of West Orange,
N. J., at West Orange, N. J., until 8 P. M„ AUGUST
15, 1905, for the purchase of $7,500 456 coupon Sobool
Bonds of the Town of West Orange, N. J. Bonds to
be of the denomination of $500 each, to be dated
July 1st, 1D06, and to mature $500 in 8 years and $500
annually thereafter until all *re paid. Interest payable semi-annually on January 1st and July 1st.
Both principal and interest payable at the United
Stales Mortgage & Trust Company, New York ( ity.
The bonds will be etgraved under the supervision
of and certified as to genuineness by the United
States Mortgage & Trust Company.
The proceedings relative to the issue of the bonds
have been approved by the Hon.Robert H. McCarter.
Attorney-General of the State of New Jersey.
Certified copies of the proceedings are on file at
the office of the United States Mortgage dfc Trust
Perry, Coffin
BANKERS,
—
$20,000
$7,500
N.
—
—
—
^74,000
Borough of
—
—
—
—
Vance County, N. 0. Bond Sale.— On July 3 $20,000 5%
road bonds were awarded to W. J. Hayes & Sons, Cleveland,
at 105.51.
Denomination $1,000. Date July 1 1905.
Interest semi-annual.
Maturity 20 years, subject to call
$1,000 yearly after five years.
Vandalia (111.) School District. Bond Sale. On Aug. 7
the $10,000 5% 1-10-year (serial) building bonds described
in V. 81, p. 578, were awarded to the Farmers' & Merchants'
National Bank of Vandalia at 105.52.
Denomination $500.
Date Sept. 1 1905. Interest annual.
Vesta (Neb.) School District. Bonds Voted. This district has voted to issue school-house-addition bonds.
Vicksburg, Mich. Description of Bonds. We are informed that the $7,000 4J^% refunding bonds awarded on
July 3 at 102.50 (see V. 81, p. 283) were taken by Lamprecht
Bros. & Co. of Cleveland.
Denomination $1,000. Date
July 15 1905. Interest semi-annual.
Vigo County (P. O. Terre Haute), Ind. Bond Sale.
The $125,000 4% funding bonds offered on July 12 have
been awarded to the Union Savings Bank & Trust Co. of
Cincin. for $126,600.
Bonds mature $5,000 each six months
from Jan. 1 1912 to Jan. 1 1924 inclusive. For further
description of bonds see V. 80, p. 2421.
2%
—
—
—
5%
Township School District, Bergen
—Teaneck
be received
Bond Offering. — Proposals
lxxxl
[Vol.
BOSTON.
CLEVELAND.
Blodget, Merritt
& Co
BANKERS,
,
16
36
Established 1SS5.
,
Congress Street, Boston.
NASSAU STREET, NEW YORK..
H. C. Speer
First
Building, Chicago.
COUNTY
AND TOWNSHIP
CITY
STATE, ClTff & RAILROAD BONDS.
Nat Bank
& Company
BONDS.
"^
————
Aug.
— —
——
in
&
I'. 11. Kolllns .t Sons. San Kr.:
QtleaCO.I
ikotsivinss.... 24 816 00 N. W. Harris 4Co.. (Jhlcago.. 24.380 00
24S04
00
W.
R. Staats Co.. Pasadena.. 24.3
V ii i-iV-^ock
Adams-PhiTiips Co"Los Aug. 24.711 00| First National Bank, Vtalia-. 24,0
Washington, Ind. Bond Offering. Proposals will be re-
H ... B
01ki.1l
—
—
semi-annually at the People's National Bonk of
Maturity one bond each six months. AcWashington.
Bonded debt, incrued interest to be paid by purchaser.
cluding this issue, 850,000. Assessed valuation 1904 S3, 111
Interest
4%
—
Bond arid Note Sale. On Aug. 10
engine-house bonds were awarded to E. C.
Btanwood & Co.'ot Boston, at 103.30. Denomination SI, 000,
Date Aug. 1 1905. Interept two bonds for $500 each.
Maturity $6,500 in 1914 and $6,500 in
semi-annual.
4%
Yakima County School
On the same day two notes for $2,700 each, dated May 1
1905 and maturing one in 1906 and one in 1907, were awarded
basis.
local institution on a
Welcome, Minn. Bond Sale. The $7,000 coupon water
bonds offered on July 29 have been sold to the National
See V. 81, p. 525, for
struction Co. of South Bend.
description of bonds.
Bond Ordinance Defeated. The City
Wellsville, Ohio.
Council recently defeated an ordinance to issue $16,000 4J^%
fire-station bonds.
Westmount, (Que. Debenture Offering. Proposals will
be received until 12 m. Sept. 2 by the Secretary-Treasurer
for $225,000 electric-light and incinerator and $250,000 road,
drain and sidewalk 4% 40-year coupon debentures. DenomInterest May and November. Securities arc
ination SI, 000.
exempt from taxes, and are payable in Canadian currency.
A D. Shibley is Asst. Secretary-Treasurer.
Wildwood (N. J.) School District. Bond Sale. On
Aug. 7 the $5,500 5-15-year (serial) school bonds described
Yellowstone County (P. O. Billings), Mont. Bond OfferProposals will be received until 12 m. Sept. 2 by the
Board of Commissioners at the office of J. W. Fish, County
Clerk, for $35,000 4% coupon junction bridge bonds.
Denomination $1,000. Date Sept. 1 1905. Interest semiannually at the office of the County Treasurer or at the
American Exchange National Bank of New York City.
Maturity Sept. 1 1925, subject to call after Sept. 1 1915.
Certified check drawn without conditions, for 5% of the
amount of bonds offered for sale, payable to W. O. Parker,
Chairman Board of County Commissioners, required.
ing.
—
New
City of
Certificates
M
April,
NEW
LOANS.
August
and Treasurer,
Columbia, South Carolina,
Office of the City Clerk
August
.
lwttt.
hese certificates shall bear interest at the rate of
1,6 per cent) per centum per annum.
city rese'ves the right to reject any or all bids.
All bids to be addressed to'i'haries Kammermeyer.
City Cleik, and marked a* such.
Kacb bid shall t>e accompanied bya deposit of Two
Thousand (|2.oi 0) dt. liars. In cash, or a certified
for that amount, payable to the order of the
City Treasu-er of the City of New Rochelle.
The certificates to be delivered at the office of the
City Treasurer. City Hall, in the
ity of New
Kocbelie. N. Y on Weduesday, August 30, 1905, at
12 o'clock noon.
No bid wll be received for less than par.
Purchasers will berequirea to pay accrued interest.
By order of the <> mmon Council of the City of
T
The
>
,
1,
1905.
Sealed proposals will he received at the office of the
City Clerk and Treasurer In the city of Colombia,
South Carolina, until
1, 1905, at two
of four
o'clock P.M.. for the purchase of the
hundred thousand dollars of four percent coupon
bonds of said city Issued for water works ourposes.
SEPTEMBER
WHOLE
Toe boods
be dated July 1, 1905, and will fall due
and will be of the following denominahundred bonds of the denomination of
one thousand dol'ara each and two hundred ootids
of the der omination of five hundred dollars each.
The coupons will be payable on the first day of January and Julv in each year.
Each proposal must, ba accompanied by a certified
check for fifteen thousand dollars, to the order of
the undersigned
No bid will be considered for less than par.
Toe right is reserved to reject an? and all bids,
July
I,
will
1945.
tions: three
Forclrcularof particulars, address the undersigned.
>*.
CilAKLKS
Y.,
August
City Clerk.
King, Hodenpyl
&
Co.,
BANKERS,
Rudolph K ley boltefc Co.
BANKERS,
DIALERS
7
Wall Street,
MUNICIPAL, RAILROAD and
Members
New York Stock Exchange.
RAILROAD AND
STREET RAILWAY P^™»^^-
STREET RAILWAY
27-29
BONDS.
PINE STREET, NEW
Inttrett Paid on Daily artd
21 7 La Salle Street
Chicago.
New York.
ROMH^
IN
W.
H.
YORK.
Land-Title Bldq.
Penobscot Bldq.,
Philadelphia.
Detroit.
certified
check
of 1 per cent of the face value of the certificates
bid for.
No speolal blanks are required on which to submit bids, but the envelopes oontalning them should
be clearly marned, "Subscriptions for Philippine
Temporary Certificates of Indebtedness." and addressed to " The Bureau of Insular Affairs, War
Department. Washington, D. C.
The opening of the bids will begin at 2 P. M. on
August
••£."».
190-5, and none
will
be accepted
after that time.
Full information furnished on application by the
"'Chief of Bureau of Insular Aflairs, War Depart-
ment."
POTTER,
MUNICIPAL and ornunc
CORPORATION DUNUa
B.
"
172 Washington Street,
CHICAGO,
ILLS.
.
ON APPLICATION.
L.IST
MUNICIPAL AND
PUBLIC FRANCHISE CORPORATION
BONDS
Bought and Hold.
W.
J.
HAYES & SONS,
OHIO.
BOSTON. MAS*.
AND
BONDS.
BONDS.
ON APPLICATION.
HIGH GRADE
INVESTMENT BONDS
NO STOCKS
SEAS0NG00D & MAYER,
mercantile Library Building,
CINCINNATI.
&
any or all bids.
Kach bid must be accompanied by
'1L.KVEL.ANO.
MUNICIPAL
Time Deposits
PUBLIC SERVICE CORPORATION
R. T. Wilson
per annum, payable quarterly, and redeemable one
year after date 1l gold coin of the United States at
the office of the Guaranty Trust Company of New
York.
The Secretary of War reserves the right to reject
NOBLE & COMPANY,
MUNICIPAL AND RAILROAD
LIST
1905
The certificates will be Issued in coupon form,
in the denomination of $1,000; dated September 1,
1905, bearing interest at the rate of 4 per centum
T
i. 1«05.
KAMMERMEYER.
1,
The Bureau of Insular Affair* of the War
Department Invites bid* lor $ l. 500,000
temporary certificates of indebtedness of the
Government ol the Philippine Islands.
T. H. (JIi.BES.
Mayor of the City of Columbia, S. C.
Kocbelie. N. Y.
Dated .New Kncbeile.
LOANS.
Washington, D. C.
Rochelle, N. Y., City of Columbia, S. Carolina,
of Indebtedness.
WATER WORKS BONDS.
six
New
—
#400,000.
Sealed proposals will be received by the Common
Council of the City of New Rochelle. N. Y., np to 8
TUESDAY, AUGUST 28. 1905, at the
o'clock P.
Common council Chambers, In the City Hill Build
lng, for any or all of «ighteen (18) certificates of
indebtedness for Five Toous*nd ($5,o f 0);dollars each.
Said certiflca'es of indebtedness to be dated the 23d
day of AuKUst, 1005, and payable on the 23d day of
Bond
nual.
—
$90,000
Wash.
Yakima County School District No. 57, Wash. Bond
Sale.— On July 29 the $1,800 1-10-year (optional) school
bonds were awarded to the State of Washington at par.
Date August 1 1905.
Denomination $600.
Interest an-
—
NEW
District No. 49,
received until
be
will
Tittle,
6%
—
LOANS.
— Proposals
10:30 a. m.
County Treasurer, P. O. North
by Lee
Yakima, for $12,000 coupon 10-ycar funding bonds at not
interest.
Interest annually at the office of
exceeding
the County Treasurer.
Offering.
Aug. 19
1915.
NEW
'
—
-
3H%
1
1
m. Aug. 12 by William 11. KietYr, City Clerk,
coupon funding bonds. Securities are not
Denomination $500. Date July 1 1905.
Watertown, Mass.
<>:{:!
V. 81, p. 283, were awarded to the Camden Safe Depo
Trust Co. a1 par and interest for 4}^ I"' Cents.
Woodsfield, Ohio. Bond Offering.—-Proposals will b
ceived until 12 m. Aug. 26 by Geo. P. Don-, Village Clerk,
for $16, iso ii' „ coupon Btreet-improvemenl bonds.
DeDate Aug. 26 1905.
Interest .March
nomination $809.
Maturity $809 each six months
and Sept. 1 in Woodsfield.
from March 1 1906 to Sept. 1 1915 inclusive. Certified
check for 10% of the bonds bid for, payable to the Treasurer
Bonded debt, including this
of the Village, required.
Assessed valuation $733,103.
issue, $67,371.
Wyoming, Ohio. Bond Offering. Proposals will be received until 12 m. Sept. 6 by W. A. Clark, Village Clerk, for
30-year water$2,000 4% 50-year sewerage and $3,000
works-improvement bonds. Denomination $500.
Date
Accrued interest to
Interest semi-annual.
Sept. 1 1905.
be paid by purchaser. Certified check for 5% of the amount
of bonds bid for required.
Bond Sa
Visalia School District, Tulare County, Cal.
Aug.
for
1
on
$24,000
wore
received
Tho following bids
1-10-year (serial) gold bonds described In V. 81, p. -'S3:
$13,000
—
THE CHRONICLE.
12 1905.]
ceived until 2 p.
for 111,500 -i%
subject to tax.
—
MacDonald, McCoy
MUNICIPAL
Co.,
BANKERS & COMMISSION MEECHANT3
M WoH Street, New York.
AND
&
Co,,
CORPORATION
BONDS.
171
La
Salle Street, Chicago.
CORRESPONDENCE SOLICITED
Municipal &
Corporation
Q ecurities
U Company
OF PITTSBURGH, PA
.
Paid up Capital $200,000. OO
THE CHRONICLE
634
Qxusi Companies.
gytHIMII
I
Vol. lxixi
^financial.
m^^t
ti
Capital and
Surplus
OFFICE OF THE
$10,000,000
Title guarantee ATLANTIC MUTUAL INSURANCE COMPANY,
January
New
andTRUST COMPANY
Conformity
Oompany, submit
York,
146 Broadway, New York.
175 Remsen Street, Brooklyn.
M'f'rs Branch, 198 Montague St., Br'klyn.
Examines & guarantees Real ISstate Titles.
Loans Money on Jtond and Mortgage.
Furnishes Mortgages to Investors.
Receives Deposits subject io died:, allowing
Interest,
Does
all
Company
lrust
business.
TRUSTEES
James D.
Edgar L.
John Jacob Astor,
Eit ward T. Jsedlonl,
Cliarles S. Brown,
Julien T. Danes,
iiynch,
Mai.sion,
William J. Matheson,
Charles M attack,
William H. Nichols,
William J. Kaston,
James Jl. oliphant,
Charles B. Hon(iei.sc>n,
Kobert Olyphant,
Benjamin D. Hicks,
Alexander E. Orr,
Jolin D. Hicks,
diaries A. 1'eabody,
William M. Intrraliam,
Frederick Potter,
Ansrustns D. Juilhard,
Charles Kichardson,
Martin Joost,
Sanford H. Steele,
Jolin S. Kennedy,
Ellis D. Williams,
Woodbury Langdon,
Louis Windinuller.
CLARENCE H. KELHEY, President.
BAILEY, Vice-President.
FRANK
EDWARD Manager
O. STANLEY, 2d Vice-President.
Banking Department.
Total Marine
SN1FFEN,
iMgr. i>Inlrs' Branch.
on
Premiums marked
ofl
of
December, 1004;
the jist o/
$2,909,343 08
724,151 *4
Premiums
$3.633.4:<4 H2
from 1st January, 1904, to 31st December, 1904
$275,i<26 58
$333074 72
107,14^14
$3
Interest received during the year
"
"
"
Rent
less Taxes
Losses paid during the year whloh were estimated
in 1903 and previous years
Losses occurred, estimated and paid In 1904
"1<;, •?-
•
—
35
$31«,124 29
771,957 98
$l,0SO,082 27
$142, 41s 20
84.094 99
Lees Salvages
Re-insurances
226,513 19
Returns of Premiums and Expenses, $405,721 91
MH3.S69 08
The Company has the following Assets, viz.:
Onlted States and State of New York Stook; City, Bank and other Securities
$5,243,600 52
Special deposits in Banks and Trust Companies
1,417,543 97
Real Estate corner Wall and William Streets and Exchange Place... $4,289,000
Other Real Estate ana Claims due the Company
75,000 4,364,000 00
Premium Notes and
Bills
1,020,087 28
Receivable
Cash in the hands of European Bankers to pay losses under polioles payable in
241,710 47
351,301 69
foreign countries
Cash in Bank
D.
L.
afiatrs
20th, 1905.
the following statement
Charter of the
Premiums on Marine Risks from 1st January, 1904. to 31st December, 1904...
Premiums on Policies not marked oil 1st January, 1904
$12,63 -,243 93
Aggregating
WBAY
FRANK
with, the
its
BUKDICK,ad Vice-Pres.
CLEVELAND, Secretary.
ARTHUR TERRY, Treasurer.
CLINTON
J.
The Trustees, in
A dividend of
Six per cent
interest
on the outstanding certificates of protits will be paid
on and after Tuesday, the »eventb
to the holders thereof, or their legal representatives,
of
February
next.
certificates of the issue of 1 899 will be redeemed and paid to the holders
thereof or their legal representatives, on and after Tuesday, the seventh of February
The certificates to be produced at
next, from whloh date all Interest thereon will cease.
the time of payment, and oanceled.
A dividend of Forty per cent Is declared on the net earned premiums of the Company
for the year ending 31st December, 1904, for whloh, upon application, certificates will be issued
By order of the Board,
on and after Tuesday, the second of May, next.
The outstanding
&tzovLUt&ui&.
,
LYBRAND,
ROSS BROS &
MONTGOMERY
Public Accountants.
Certified
(Pennsylvania)
Stephen Gtrard Building.
PHILADELPHIA.
Wall Street Exchange
NEW YORK
Building;,
WM. FRANKLIN HALL
G.
STANTON FLOYD-JONES,
Secretary.
TRUSTEES.
NICHOLAS P. PALMER,
HENRY PARISH.
FREDERIC A. PARSON8,
DALLAS B. PRATT,
GEORGE W. QCINTARD.
A. A. RAVEN.
JOHN L. RIKER,
DOCGLAS ROBINSON,
GUSTAV H. SCHWAB.
WILLIAM C. STURGES.
CLEMENT A. GRISCOM,
ANSON W. HARD,
MORRIS K. JESUP.
THEODORE P. JOHNSON,
GtJSTAV AMSINCK.
FRANCIS M. BACON,
JOHN N. BEACH.
WILLIAM B. BOULTON
VERNON EL BROWN,
WALDRON P. BROWN.
JOSEPH H. CHAPMAN,
GEORGE C, CLARK,
CORNELIUS ELDERT,
KWALD FLE1TMANN,
HERBERT L. GRIGGS.
LEWIS CASS LKDVAKD,
FRANCIS H. LEGGETT,
CHARLES I). LEVERICH,
LEANDBR N. LOVELL.
GEORGE H. MACY.
CHARLES H. MARSHALL,
W.H.H. MOORE,
Accountant,
RAVEN, President.
CORNELIUS ELDERT, Tice-Pres't.
THEO. P. JOHNSON, 2d Tice-fres't.
A. A.
JAS.
L.
LIVINGSTON, *d
Vice-Pres'
Examinations and lnvestiga
tious oonduoted with the utmost
Books audited.
care and efficiency.
KERR,
J. C.
CERTIFIED PUBLIC ACCOUNTANT
"SSSU? $12,000,000 00.
WASHINGTON LIFE BUILDING,
141 BROADWAY,
TELEPHONE 61)42 CORTLANDT.
NEW YORK.
INEQUITABLE
Wilkinson, Reckitt,
Williams & Co.,
CERTIFIED PUBLIC ACCOUNTANTS,
TRUST COMPANY
52 Broadway, New Yerb.
PHILADELPHIA.
CHICAGO
rbmot
CERTIFIED PUBLIC ACCOUNTANT*
128 Broadway, New York.
TELEPHONE—8768-8769 CORTLANDT.
L00MIS,C0NANT&00.~
CERTIFIED PUBLIC ACCOUNTANT8
30 Broad
Street,
New
York.
ALFRED ROSE,
CERTIFIED PUBLIC ACCOUNTANT.
56 Pine
New
St..
business.
company embraces every function
trust
It will accept
your deposit account, subject
allow you a fair rate of interest;
to
your securities;
it
It
is
authorized by law
act as executor, administrator, guardian, or trustee under will or
appointment
of court.
at your death
it
During your
will administer
lifetime
it
will act as
your agent,
your estate.
PUBLIC
15 Nassau Street, Equitable Building.
00.,
ACCOUNTANT?
Atlantic
Mutual insurance Company Scrip
Years Bought and Sold.
ot All
sSSSk certificates
;
steel-plate efleot.
Also,
the cheaper kind, partly lithographed and partly
100 Cettlncates, $3.00 to
printed from type.
125; the latter engraved, with steel-plate borders
—elepant.
will safeguard
cheque, and
will collect bonds, rents, mortgages, interest, dividends, coupons and
every class of income; it will pay taxes and insurance, sell property and
and
York.
52 Broadway, New York.
234 LaSalle Street, Chicago.
Handsomely engraved
it
to
of financial
Bnlldlntr, Baltimore.
JAMES PARK &
CERTIFIED
The modern
undertake the care and management of estates.
Tel. 4U58 Broad.
Also at Calvert
NEW YORK
OF
W. F.WEISS,
Seal Press. *1 50; better finished, (2.
Room
i9-R1
NEW
ODD LOTS
RAILROAD BONDS.
J
YORK.
EWKN,
CURRENT AND INACTIVE
No. 518 Atlantic Ballding,
Wall Street,
A. C.
SPECIALIST.
OHN M. GILLESPII
ALBhRT
B. KLNG & CO., 206 Broadway, K.Y*
(Teleonune.)
Eng -avers and Lithographers.
WM.
Wall
Street,
-
-
NEW
Telephone, 818 Cortlandt.
YORK..
@FedFRASER