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5 . 8 1 6 i 7 ' financial rankle INCLUDING Bank and Quotation Section and City Section (semi- Annually) Street Railway Section ( Thr^J5noa ) State (Monthly) Railway and Industrial Section (Quarterly) tutored aocorttinsr to Act of donfrresa. In the year 1905. by William A weekly newspaper entered at Host VOL. New Office, B. York. a* «econd-cHs« Dana Compaxt. mvfer— >v illiam SATUBDAY. AUGUST 81 In the oitioe of Librarian of Congress, WaalilnRtou, D. C. B. Dasa Compant. Putdlshers. 7*14 Pine St., N. T. 19 NO. 2095. 1905. Krrt £he Chronicle. t'/furwius at— 1905 eintiii'i IH04 nii/u.-t or tnt, 12 1602 iitos PUBU.SHED WEEKLY. Terras ttonton Subscription— Payable in Adrance ol For One xear For Six .Mouths European uo.scnption (including postage) European subscription su Months (including postage) $10 00 6 0U 13 00 Annual subscription in London (including postage) six Months subscription in London (including postage) £2 £1 llarttor.l New Haven 3prtng0eld Worcester 7 50 14s. lis. Sections— subscription include* lollowing Statu and City (semi-annually) Bank AND quotation (monthly) Railway and Inulstkial (quarterly) Stkkkt Kailwav (3 times yearly) Portland Kail Kiver Lowell Holyoke New England Total -18 1.855 410 +22-2 1.831. 0.1. -4-17-4 1 636.868 478.1-2 720.407 430.297 +17 9 125 .'.63.323 6.343.000 + 1.-8 2,288.9.11 862.347 119.847.600 6,056,600 2.541.210 1 450,385 1.475,348 1.534,856 1.434.475 798.184 511,690 472.056 840.588 142.U76.iMU 134.465.941 156.707.912 21.178,800 16.850,135 12,9n6,75o 7.680,901 0,487.961 149,768.099 20,474.660 14.838,105 11.797.861 6,983.606 4^} 12.052 4.146.850 3.489.070 2.413.891 1.707,861 1,482.483 1.135,178 578.700 643.168 446.806 2.878.87 1.875.580 l.: an. 24 I 1 1 + 16-5 1.196.561 1.630. 7 0S , New Bedford 1 111.258.510 5.434.700 131.147,680 0,345,soo 2,633 188 2.266,321 1,563.436 1,893.631 Providence 604 847 618.463 446.607 332.852 414.514 1 457.386 +8 4 +24 3 —7 1,400.136 + 1166 +38 + 18 632514 639.939 461.232 1 149.246.601 126.516.428 180.161,588 20,934.300 12.916,392 13,806,506 8.460,773 102.488 687 25.692.500 12.119.970 6.253.551 4.896.900 8.811,084 2,754.184 2,163.506 1.435.67W 6636,141 -4-8 4 360.200 8.791 300 3 807,101 2.455 790 2,023.088 + 18-4 +01 +18 8 2,408232 1.435,04r 1,880.863 +6-9 +0 04 —17-8 8,169 546 1.688.035 636.761 | Chicago Terras ol Advertising— Per Inch Space Cincinnati 20 00 00 00 87 00 Transient matter per inch space (14 agate lines) Two Months ( . ,, c n „ ,„„„„ Card* r«„^. 1J Three Months Business Standing &lx MonUl8 (13 times) (o b times) (52 times) Twelve Months ( $4 22 29 50 (8 times) Rapids lay ton Akron Springfield. Rockford <pruisrrleld. The following Ouncy 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 19, have been 12,481,587,730, against {2,230,577,886 last week and $1,870, 29 1,14-8 the corresponding week last year. Cltarino*— tteturn* table, u\i telegraph. Week BncKfM AUgiut New * ork Boston U.317.578,694 . Seven cities, 5 days Other cities. 5 days all cities. Total • t91S.899,163 69.476.674 77.599,915 15,824,989 166.957.317 44,394.237 9.298.013 108.164.549 111.979,715 18.5dl.225 151.481.740 •45,079.784 11.129.991 Baltimore Chicago Bt, Louis New Orleans Total 5 days. . lday for week. all cities P. Cent. +43 5 4-20-9 +44-3 +173 , Mansfield Jacksonville Jackson Ann Arbor ] H'ort. 903,310 394,877 Wayne South Bend Total Mid. Western San Krancisco Los Angeles. Salt Lake City Portland. Spokane Tacoma Helena -8-7 Vaxiio + 1-5 Sioux Falls Total Pacific 4-19" Kansas City $1,708,975,043 302.496.274 $1,821,450,308 269,987,468 t2.066.47l.922 423.125.798 *1,581 437.776 288,853.872 +335 Minneapolis + 16-4 Omaha PauL +307 St. St. Joseph+472 Denver «2.491 ,597.720 $1,870,891,148 -I-33-2 Des Moines Sioux City Topeka Davenport Part It etuiuatea. The , Decatur Seattle Philadelphia All cities, 1904. 1905. 19. O Blootnington week covered by the aliove will be Wichita Colorado Springs... given next Saturday. We cannot furnish them to-day, clear- Cedar Rapids Fremont ings being made up by the clearing houses at noon on Satur- Pueblo day, and hence in the above the last day of the week has to Total other West'rn St. Louis be in all cases estimated, as we go to press Friday night. New Orleans We full details for the present below our usual detailed figures for the previous Louisville Houston week, covering the returns for the period ending with Satur- Oalveston day noon, August 12, and the results for the corresponding Richmond. week in 1904, l»o:J and 1902 are also given. Contrasted with the week of 1004 the total for the whole country shows a gain of 2?G percent. Outside of New York the increase over 1904 is 19' New York 1 Philadelphia Pituourjrh. Baltimore Little Itock. on not at ... Buffalo 365.940,678 I10.3o6,9oe 48.280.030 21,213. 10s Albany Rochester flcrauton Syracuse Wllmlniiton Heading Wilkes Barre Whee.lnj{„ Blngbamton Greensborg Chester 411..;-, Trauklln Pa 506.6K! 296.7 19 Ine Total Middle.. . +377 83.698493 --31 8 --21-6 --14-9 1056,923 1.019.861 783.0-<!6 MM \'i ; 410.500 341,560 381.360 408.730 Is.; 76. 1. 15b.»76,5:r- 1602 1.145.184 584 1,362.552.008 67.196.314 94.327.567 41.581.676 21.601.487 --186 - -305 --1T1 6,782.8 3.538.963 8.034.586 •1-72 2,163.065 1.271.866 1.180.930 1.172.658 87,802.870 24,951. + 12-0 4-128 »7-t 5,8.88.786 2.6 1 9:15.327 . 1.572.390.743 992.146.892 1 1 1603. Dec. 39.715,009 18.464.9 e.iv^.iyi 8,435.778 8.166.845 2.478.877 1.42M.986 7.263,167 4.470.260 3.71 .796 8,657 15* 1.000,000 1,191,153 973,449 1.084,597 807.043 70SJHS8 410.600 431.001 .Washington. inc. 01 1904 I.', 3.035.7H1 1,981.218 1,080.290 1,128.939 1,106,586 +3 3 + 191 + 12 883.627 730.486 389.400 408.828 488.944 661.964 +26+:io-;i f$| B +35 9 495.51' 702.511 BOO.OOO 4 8.898 836,133 Mobile Total southern ... Total all Outside New York 38--) 108 881 I 686.7' — - » -434 +116 449,695 347,905 361.688 398.633 309,505 193,30 250.486 -5-0 -116 -22-6 +32 +59 +51 5 175,61. t8U 81V 98,381 Not induce d In 10 Not include in t i 560 308 486,479 413 356 318.350 387,189 858.048 884.393 272.573 195,183 884,183 169.336 72,254 tal. tal. +60 240,755 400 288.849,748 30.640 691 6.891.688 4.000,000 2,406.653 8.337,735 2.14.. 651 20.366.715 4.799.912 4.586.081 3.337,826 8,704.666 64,352,620 50.610.919 23,597.132 13,678,158 8,197,808 6,014,861 4,071.797 6.064,197 2,388 49b 1,395,126 632,761 733.819 r 969,59 646.163 455,000 222,875 4S4.503 22.891.168 18.949.210 6,387,230 +28-3 5.0^0.301 4.687. I2( — 13-1 4.012,533 2,208.851 1,055,415 933.117 681.416 1,021,204 591.544 --51 1 30 u 56 7 19-4 +J4 4 +63 5 1.728.022 --30-5 --16-0 402.781 439.304 +807 +878 208 960 51.167 On 21,547,726 11.576.012 6.925.059 5,594.685 4,140.196 3.826.438" 4-3-1 -20 +76 +511 +8-4 10,963.2: le 5,587.107 +68 — 5*8 +25 9 4-15 926.014 795.221 262.183 761,643 862.708 218,876 4 18-4 +119 +114 ++•7-8 S' J 103 066,616 8.230.577.96(1 1.748.203.68 I 20.324.670 12.696.149 6.493 300 5.468.337 4,330.998 4.588.916 742.110 547.651 488.127 816.645 475.045 715,336 149.858 152.134 56,731.860 60.742.80ti 61.225.12i 10.686,637 8,245.009 5,617.161 2.666.000 3,5 6.368 1.963,778 2.495.742 2. 18,66? 45.080.637 9.978,863 7.901.856 5,000,000 3.233.000 3,885.168 1 2,025 200 1.378.845 +20 3 +471-3 1,340.678 1,008.914 657,822 568,0 1 4231 + 1-7 +54'8 < -7 700.970 788.866 601,000 703,901 608.398 +0-9 + 18-1 486-1 444-0 1.504,401 1,073.755 2,878.81 id 1,827.940 1.965.090 1.481.314 1.294.052 1.373.907 843.916 748,21! 603.00 : 725,160 483.000 175.000 327,861 -Ol Not Include d 110,677.039 1 +283 4l89 81X1.081 45.908.040 al. i 60.206.181 10.83 1.638 9.586.694 4 780,368 3,404 500 8.573,617 2.686.514 8,385.615 2.336,014 8,618,81' 1.862.830 1,583,187 1,088,357 1,130.680 897,071 230,438 2074.257 1 ttt 04.067.83ii 1.659.864 1,433.720 491.444 8,000. 12 66(1.180 1,260.521 +32-8 —33-6 +1-1 417 080 —1-4 226.109 d in o Include Not 69,062.840 47,5X0,256 13,635,434 In t< tal. + 71 +276 840.037,318 756,057.738 + 14-4 23.477,1 13 + 11-6 +100 + 14-0" 019,217 20,989.761 16,004,775 5,680.68 1,806 185 8.888.048 1,738,869 1.800,7 so 891,371 1,091.468 942.678 (Ml8.l:i8 fiOW.707 99.460.008 I 1(22,6110.08- W0.09O.0O2 .'093.6 737,620,8 777,7. 1 Canada— Ml Toronto 16.356.7Xf 0,868.4 -st Halifax Ottawa. 1,7 ver ton Bt. J-'lm Lond< d 'anada I 7 1,90 1.780.211 1,664,9*0 1.138 641 1.130,155 Victoria I 4n-9 +166 107.71-0 1.000,00(1 Augusta W'tek endimi auo. 12. - 616.534 625.470 658.808 435.756 586 118 443.507 386.435 334,608 363,763 276.723 186.154 290.677 171,980 84,332 28,527,526 6.420,738 3,967.145 2,871.744 3.454 855 2,128,168 1 828,761 646,508 500.278 235.215 us.Ga Knoxville 655.1 KX) 4-82-5 249,830.421 1,287,781 Birmingham 14 4 per cent. -28 + 10 8 33,276.772 9.700.000 5.196.311 4,500.608 4,123,061 2.860.638 2.989,380 843,871 578.123 283.875 ivllle Atlanta Nashville Norfolk Port \v>rth 3,501,810 264,848.141 Chattanooga Memphis +66 4-8-8 -49 506.82.' 19,227 4,869,000 4,250.000 3,005.948 3.772.510 2.702.631 2 800.866 1.554.791 2.188,154 1.389.315 1,150.000 1,382.717 800,848 802,686 345,3-2 060.HY4 Savannah —18- 2.695.6 id 8,896.688 589.000 706.921 391.027 713.818 438.210 779,099 479,24o 798.432 496,384 464.290 501.783 330.578 819.600 308,466 319.384 261.823 265.198 211,667 Ill You [Ik!.Mown Kalamazoo Lexington Cantou CLEARING MOUSE RETURNS. 1 1,143*10 420 000 Evansville NEW YORK. Font Office llox H38. i Columbus. Toledo 1 Feurl Street. ot .Milwaukee nd ia spoils. 'iraii't <fc Corner Detroit Peoria CHICAGO OFFICE— Pliny Bartlett, 513 Monadnock Blook. LONDON Ok'b ICE— Edwards smith. 1 Drapers' Gardens. E. C. WILLIA.il B. DANA COM FAN V, Publittliers, Fine Street, Cleveland +10 9 ... . ..7 o-l 61 , I 68 :il6.07l 1,760 21.851.027 17.0!. 14.3- 4.010,006 2.226 -01 1.868,781 8,073.68? ,885.886 1,882,470 1.71 1,84.8.687 1,07 8V.' +44 1,186.601 7-0. -1 — 18-6 —85 1 +« + 91 :.6 1 H0( 6 l-\ 298 Ills 702.838 TOO 000 KIT 8 l-*4 7ui.i ii i 47,188.145 the Chronicle, 636 A continued buoyant stock market has have been recorded from week facts that It appears that at the article. moment of the source in its week to there in this Closer it. money is a probability of the near future, though at present a stringent market pated. Even not antici- is a speedy breaking up of tbe Peace Congress, which had been forecast as an event certain a week within of its closed found to be no first was session, longer imminent. known all is relating to the proceedings Congress, no one will question her liberality. has gone to the extreme in making !- easy for Eussia it ; he to accept her terms. nothing is to hold in check the rising speculation, but everything to stimulate When spirit. THE FINANCIAL SITUATION. [VCL. LXXXI. Other than the proceedings and outcome of the Peace Congress, the Chinese boycott and the Canton-Hai>kow never will occur China. as that week there, the lose to absorbed one's of Spirit '76 China most attention. It patience in dealing with inclined to are Empire. that to do We to This change has concession railroad in what call going on is applied birth-throes, its Japan suddenly power, and her lead- has seen followed as a result of the delivery of the Japanese pro- springing into being a world terms of which precipitated a ing classes are beginning to be ambitious for discussion sure to last the remainder of the month and such an experience for herself. She plays her part a Whether these discussions will end in little clumsily, because she is trying to fly without wing! possibly longer. posals of settlement, the agreement or renewed fighting, no one can tell. One — that nation-making without going through to play at is day the public takes the former view and the next day the early experiences. the latter. in a marvelous way because she possessed the unique Japan went through those stages Too much is made as a financial feature of the result faculty of absorbing and adopting the good she saw in We presume if it should end in other nations and rejecting the evil. China cannot of the Peace Congress. a fiasco it would exert a sentimental influence ad- change easily. She will have to take her education by No doubt to end in a settle- is hardly used by verse for a brief time to industrial expansion. Eussia intends, ment, if the Congress fails to get the public to believe she when she terms, and thereby excite sympathy Japan's breaks off the conference, and so be able to raise a foreign The loan to further prosecute the war. visit to Ports- mouth last week of a considerable number of more important the members of leading Wall was Street firms charged to be in part for that purOther parties claimed that it was under the guise pose. of a prospective indemnity loan that the gathering was hard experience, just as most other people have. What heed becomes the United States first of all to that at the bottom of the present agitation there is it a just cause. is The execution has been almost brutally conducted. the like methods enforcing the Act remember of the Exclusion We all Customs House agents employed baggage-examination provision of in our Customs laws. Assuming, as they did, that every passenger who arrived on a European steamer was a liar and a thief, they made hot things for him or Thanks to Mr. Shaw, Secretary of the Treasury who by the way has shown throughout his far as she had any, was to learn the chances of getting for- official life far more than the average common sense eign money to carry on the war, not to end it. Probably the whole practice was righted and the friction removed if Eussia was able to give complete assurance to these as soon as he got hold of the facts. That is just the kind bankers and men of their class of proper treatment, pres- of medicine that should be applied to the Chinese boyent and future, of the Jews within her domain the real cott as a preliminary step. We are glad to see it some coterie of leading financial reported that Mr. Edwin H. Conger, at present our object of the bankers men might be found to join in underwriting a moderate Ambassador to Mexico, is about to be sent on a special planned. loan. — mission to seek to settle the differences at the bottom of Such a movement and such a Congress, if it close to the peace could turn out as Eussia has planned would simply add another campaign is to the war. it, the boycott and the dispute over the Canton-Hankow railroad concession. There Our nothing, however, in that to encourage the idea that the situation of the two belligerents would be changed in any her. — — Eussian for Russia's purpose in favoring the interview, so bountiful crop prospects influence in swelling are our foreign already having an That that the coming trade exports. — would be would seem to be almost an anomaly deeper in her involvments and would have to pay a much crop should have a part in those data long before the higher price to get out of them. On the water Japan actual crops are made. It so happens, however, that there has a free hand; if she is forced to fight further she will are considerable surpluses in farmers' hands this season no doubt use that advantage, and every city in Western of some of last year's yields, which are now coming forEussia would be exposed to serious harm. On land there ward rapidly, being hurried to market because of the exis no reason whatever for believing that Linevitch has pectation that the current year's production will by and a better or even as good a chance of success by begin to move freely, and it is better to have off the as respect, except his predecessor that Eussia at had. its Besides, end his defeat would old stock before the new begins to swell the receipts. the corn and corn meal exports any Eus- For instance, issued this has hitherto met with; while it would ex- in July, the figures sia according to pose Eastern Siberia to Japan's prowess and occupa- week, were $2,527,674 this year against $1,195,provisions tion. Some think that Europe would unite in forcing a 216, the corresponding total in 1901 peace if the Congress disagrees. That is wholly un- reached $17,350,462 July 1905 against $12,247,204 likely. general European war might be precipitated July 1904, and cotton $17,456,575 against $5,455,022. if it were tried ; but it never will be tried. The time As a consequence, the total exports given in the general for Europe to act passed long ago. Japan will be statement of articles under the head of Breadstufls, Proallowed to settle alone her affair with Eussia and she visions, Cotton, Petroleum, &c, was $46,293,304, be followed by a wider disaster than ; A — has shown herself fully equal to it. good reason is to suppose that she Besides, there is acting in a liberal a total of $29,102,435, the figures in 1904, with compared July 1905 an increase in against or AUG. 1901 July has tics THE CHRONICLE. 19 1905. $17,190,869. of issued also this The Bureau of week the general trade data for July, which shows that exports of articles all in were $107,934,000. against The Buffalo Rochester A Pittsburgh Railway Statis- foreign the aggregate that month the current year last year's aggregate the (or <i37 the smaller coal-carrying companies succeeding annual report Of with each course, business element, but favoring a is pros- addition the con- in now mileage has judiciously planned struction of some one of show a farther growth able to and gross revenue. in traffic perity is which is same month ol $85,223,000. It appears, therefore, that had it not heen lor the increased amounts, these sur- also helped the pluses of last year's yields added to the exports, there June 30 L905 aggregate gross earnings were $8,161,079, would have heen total a growth A July exports. of only about $5,000,000 in the farther fact of interest is that the excess of exports over imports in July 1905 was $24,077,710, and that this was the largest July excess in the Government's record, with the exception years of 1899, 1900 and 1901. the three of upward movement. For the year ending against $7,1529,9IJf8 in increase from 472 the length in years Commerce that it is gaged Commission announces about to take steps to require commerce in Inter-State railroads en- all minimum to increase the This percentage of air-brakes used on freight trains. work well within the province of the Commission and have the support the law makes it the express duty of the public Moreover, Commission addition two last to $3,102,266 at against $3,121,151 for 1904 and $3,220,330 the net for 1905 for 1903. In other words, with gross revenues increased $8(53,160 in two years, were added expenses About dollars. amount of in to one-half of expenses has been due mentation in proceeds with due deliberation and does not act in a harsh or arbitrary manner. the this aug- increased to the. in opinion, provided it no it that noticeable is receipts being reported almost a million it ot gross in with brought It is action of that kind will miles. gain turther operated has been only road of 538 to earniugs, these The Inter-State $7,297,919 in 1902-03 In these four years the 1903-04, and $5,830,619 in 1900-01. conducting of cost Thus 1905 in the rest from enlarged main- of the augmentation has followed tenance outlays. but transportation, was $1,990,604 ap- on maintenance account against only $1,521,267 in 1903. The property has always been operated with plied to look carefully into the matter, and after investigation to great efficiency, and this has been made possible in compel an increase in the minimum proportion of cars to large degree by the heavy outlays upon the road and be operated with train brakes if in its judgment such a plant in part representing amounts charged directly to — deemed necessary. The original Safety Appliexpenses and ance Act required that every train should have a net earnings. "sufficient number of cars so equipped with power course is train brakes or engineer on the that the drawing such train can control ing brakemen to of fifty per of the cent have their brakes operated by cars in each train should the engineer of the locomotive drawing amended Act furthermore provided The the train. that "to carry into effect the object of said Act, the more Inter-State power or train brakes, which must have their brakes used and operated The Commission thinks that recent acas aforesaid." cidents involving loss of life and property caused by the "buckling" of freight trains the rear cars crowding forward upon those in front when emergency applications of any appropriations taken from special evidence of the high degree of operat- ing efficiency attained may it that during the be noted late year there was less than 68 tons) to the train-load, bringing the average a further noteworthy addition (no load up to the high figure of 507 tons. The company possesses make able to and also distinct a advantage in being upon maintenance account large outlays special appropriations without endangering for dividend payments upon common and its stock, preferred. fully Commerce Commission may from time to time, after full hearing, increase the minimum percentage of cars in As for that 2 1903 the Act was amended so minimum as to provide that a speed without requir- its common hand-brake use the On March purpose." locomotive in part train required to be operated with — During the late year, while net income fell off in the manner indicated, the requirements for fixed charges at the same time increased, and yet over and above the fixed charges a amount surplus out paid $1,387,271 remained; the of dividends for $6,000,000 of preferred stock and $9,000,000 of common stock) was Even allowing after sum the for per (6 6 per only cent on cent on $900,000. charged ex- for and improvements and the special appropriations, amounting together to $113,516, air-brakes have been made on trains partially air-braked, the surplus of income was $973,755, against the $900,have demonstrated that such trains are not actually under 000 paid out in dividends. Furthermore, in this no ac- — the of control The now cars engineer the Commission is practicable to increase the operated by air-brakes nience to the carriers. opinion of also without Accordingly if it serious common to furnish it to issuing number of freight cars in use, the jections can As is As a pre- an order requiring Appliance Act of such already be urged against deed the Commission an concerning the number certain information etc. inconve- such an order shall appear justified carriers subject to the Safety with air-brakes, is minimum percentage liminary the Commission has issued all count has been taken of the $120,000 received in diviit contemplates set- by the statements and testimony presented. stated, cars equipped no valid ob- such a course, and in- only fulfilling the requirements of the law in taking the matter up. expenditures law. percentage of view a order requiring an increase in the of air-braked cars, that minimum ting the matter for hearing with by required as traordinary dends by the company on Pittsburgh Coal & new dends on recently used to fiscal $1,500,000 the pay to profit and In loss account. year the company will have to meet divi- issued, branch and & Iron Co.'s stock, this $120,000 hav- ing been credited directly the holdings of Kochester its the proceeds balance of the for other new of of the capital common which cost stock have of the requirements. been Indiana A large cent years has new mileage built in rebeen provided in this way through new stock issues. The part of the cost ot financing the tional stock just amount of the $1,500,000 addireferred to was paid in by June 12 1005, full and the balance sheet now shows only the ordinary current liabilities with current assets far same, the $500,000 of loans and year ago having been paid off. bills in excess of the payable reported a THE CHRONICLE 638 The I Vol. lxoi, was irregular early in this week, and, compared the week, though generally firm, and after Wednesday with last week, unofficial or open market rates were the tone was strong, especially for short and for cables. steady at London, easy at Paris and fractionally higher One feature was the renewal of sterling and franc finance Early in the week a report bills for another period of three months, which operation at Berlin and Frankfort. There was no change in any of the European hanks was current of a new official rates of discount hy internal loan for $100,000,000 to he issurd hy Russia on August 17 at 96£. was This report hy the issue of an Imperial ukase later confirmed authorizing the loan. The ciated features of the Banks statement of the ISTew York Asso- week were a last loss of $1,933,500 in foreign exchange market directly affected long paratively little and short sterling, hut had com- influence upon Paris exchange. was a good demand for cables incident to settlement on London special it the demand was There the semi-monthly stock market, and after this satisfied there came an inquiry to re- mit balances hence to London to take advantage of the and a reduction temporarily higher rates for money there ruling comthe surplus reserve was pared with those in our market. There were remittances of $10,407,100 in deposits; The hank state- again this week of Japanese funds to the British capital increased $683,275, to $12,846,800. among other should reflect items week the encouraged by the opportunity which was presented for the this ment of transfer through the Suh-Treasury of $500,000 to CM. more advantageous employment of the money there than cago and of $200,000 to Xew Orleans and considerable here; hut the volume so remitted was smaller than last Commercial bills against cotton were liberally other money sent elsewhere West and South; also the week. Francisco of transfer hither from San offered, and drafts against wheat deliverable in the near $395,000. cash, a decrease of $0,272,300 loans in , made future, Until Thursday the market for money was extremely averaging about If per resulting from the increased demand, cent; then the easy, with rates for call active stock caused a loans commission-house traders hy speculation, rise in the rate to 2J per cent, money time there was a firmer tone for time Money on the-year periods. balances, loaned on and for the over- representing hankers' call, Stock Exchange during the the 2£ per cent and at 1£ per cent, averaging ahout 2 per cent; hanks loaned at 2 per cent as the minimum. On Monday loans were at 2 per cent and at 1£ per cent, week at with the hulk of the husiness If per cent. cent and at at Tuesday transactions were at 2 per cent, with the majority at 2 per cent. loans were at 2 per cent and the hulk of the business at If transactions were at at per cent. 2£ per cent and On the majority at 2£ per cent. On If per On Wednesday 1£ per On cent, with Thursday at 2 per cent, with Friday loans were at 1\ per cent and at 2 per cent, with the bulk of the husiness at 2\ per cent. Time contracts were freely oflered early in the week, with only a moderate demand, but after Wednesday there was a good inquiry for loans maturing from January to March, which caused an advance in rates. Quotations on good mixed Stock Exchange collateral were 2f per cent for sixty and 3®3J for ninety days, 34@3£ for four and 4 per cent for five to seven months. There was an increase in the offerings of first-class commercial paper and a good local inquiry. Bates were 4®44; per cent for sixty and ninety day endorsed bills receivable, 4£©4£ for prime and 4£®5 per cent for good four to six months' single names; some very choice paper sold at 4 per cent. The Bank changed at of England 2£ per cent. sixty to ninety-day The open market bank rate of discount The remains un- cable reports discounts of bills in London 2©2£ per Paris cent. 1£ per cent and at Berlin and Frankfort it is 2£ per cent. According to our special cable from London, the Bank of England gained £281,974 bullion during the week and held rate at £36,579,303 at the close of the not usually handle is week. Our correspondent Some bankers who do against exports of manufactures bills noticed good supplies of such drafts reflecting important shipments, and it expected that these will continue is volume of exchange bills. The demand for drafts against commodities was so urgent as to absorb the offerings, and rates therefor were maintained at high figures. Gold received at the Custom House during the week $55,244. Nominal quotations for sterling exchange are 4 85 for sixty day and 4 87 J for sight. The market was active and strong on Saturday of last week, and, compared with rates on the previous day, there was a rise of 10 large, contributing to same available at the their appearance. points for covering around all increase the maturing finance —long 4 8670®4 8680 and cables day the market was easier long to 4 ®4 On 8475®4 4 to to 8480©4 8490, short to 4 87^4 8710. On Mon- at a decline of 5 points for 8485, of 5 points for short to 4 8665 8675 and of 5 points for cables to 4 8695@4 8705. Tuesday, while long was unchanged, short and cables were 5 points higher, the former at 4 8670®4 8675 and the latter at 4 87®4 8710. On Wednesday there was an irregular movement, with long 10 points higher at 4 8485®4 8495 and short 5 points lower at 4 8665® 4 8675; cables were unchanged. On Thursday long fell 5 points to 4 8480®4 8490, short rose 10 points to 4 8675^4 8680 and cables 5 points to 4 8705® 4 8710. The market was heavy on Friday and 5 points lower for long and for cables and 10 points off for sight. The following shows daily posted rates exchange by some of the leading drawers. FBI.. MON\. TUBS.. Wed., for sterling Thcr.. FBI.. tug. 11. Aug. 14. Aug. 15. AW). 16. Aug. 17. Aug. 18. Brown Brothers 60 days 4 Co. (Sight.. 4 5 & 60 days Sight.. ( 60 days Bank British No. America.. (Sight.. Bank of 5 60 days Montreal { Sight.. Canadian Bank 5 60 days Commerce. of { Sight.. Heidelbach.Ick- 5 60 days elbeimer&Co {Sight.. hazard 5 60 days {Sight.. Kreres Merchants' Bk. ( 60 days of Canada. .. {Sight.. Baring, Magoun & 5 Co. \ S3* 87* 4e5* 87* 85* 87* 4 85* 4 87* 4 85* 4 87* 4 85* 4 87* 4 85* 4 4 4 4 87*" 4 4 85* 87* 85* 87* 85* 87* !5* 87* 85* 87* 85* 87H, §2* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 37* 85* 87* 85* 87* 86* 67* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87)? 38 85* 87* gain was due to imports of The market closed on Friday at 4 8475®4 8485 for which £341,000 £10,000 from Germany, £5,000 long, 4 8665@4 8675 for short and 4 87®4 8710 for from France and £326,000 bought in the open market), Commercial on banks, 4 8450®4 8460, and cables. to exports of £385,000 (wholly to South America) and documents for payment, 4 83f ®4 8490. Cotton for payto receipts of £326,000 net from the interior of Great ment, 4 83f ®4 83£, cotton for acceptance, 4 8450® Britain. 4 8460, and grain for payment, 4 8480®4 8490. further advises us that the (of 1 AUG. 19 movements ol money the 857,040 in New York banks. we get a total interior by the and trom the Week mMh au.j. H is 1906. l ,v. Total nold an d iennl tenders ... . millions AX Shirvtd Sd /))/ Banks. X. r. Banks. Interior Movant (8,008.000 17,000 17,217,000 Lots. 1,847.000 Lost. 14,008,000 88,884,000 Lost With 88 801 000 : is as follows. —3,346,080. movement Interior Into Banks. is iooj. as above idr-il The followmg tenders .. Xet Change Bunk f8.8H4,(MK) in Botdfngt, 83.400,000 85,600,000 IiOM. 18,881 Lobs. 8,200,000 *23. 303.000 34.464.0O0 Low. $4,903,000 Sub-Treasury operations Total sold and Out of TSa n ks. table indicates the amount 18.181 000 of bullion in European banks. the principal Aug. 18 Aug. 17 1905. 1904. .Bank o' 118,03 Russia. . 88.579,S0S 35.771.195 35.771,193 43,018,808 181.948.9SJ 107.878,630 12.04S.000 48,174,000 34.680,000 44,861.139 152.737,009 12.185.000 46.865,000 »,so; SO, 13 1,000 18.897 .000 03,621,000 of in 1002, over 3 1-3 Let the reader contemplate what way in this short new supply will of labor furnished, no doubt occur most persons. to first circumstance of the is thought But same wants settling here in such large increase the in that These immi- as other persons, and their numbers involves a large consumptive capacity country's is consequence than some of less the other aspects presented by the subject. grants have the that in all and business. They must be fed, they must be clothed and they must be housed. It is in this view that the movement is of moment. The immigrant arrivals are of course greatest independent of the growth of population in the normal directions and in all lines of trade V a L Kaeland ... France Germany..* lotah S«rer. Gold. Total. Sttrer. O"!!. 648,743 years That the productive capacity of the country has been enormously increased as a result of really a Week mdtnfl Aug. the for the four period of time means. $8,981,000 Sub-Treasury operations the result the and 1903 such an addition to population in that nt the Banks <;:w tollowiug gives the week's The to THE CHRONICLE. 1905.J 8,625,000 102,246,000 way, and the two combined are serving to swell the army of consumers in a remarkable way. Through the building of new plants and the extension and improvement of existing plants, the productive ca- 113.008.000 5.889,000 Aust.-Hun.+ Spain 46.824.000 12.689.000 59,518,000 48,265,000 12,643,000 60,808,000 14.901.000 22.319.000 37,220.000 14,763.000 20,207,000 85,030,000 Italy 84,681.000 8.306,700 27.827,700 22,118.000 8,957,700 26,075,700 6,512,400 6.192.000 12,704.400 5,479,000 6,896,900 11,876,800 3.150 000 1.575.000 4.726.000 8,046,000 1,523,000 4,569,000 but with population being so enormously extended a tre- Tot. week... 390.887,089 107.927.808 507,684,337 365,620.625 110,358.739 475,979,804 Tot, p<-ev .. S09.I27.836 108.313,939 507.441.176 350.539,935 109,030,428 168.570,363 mendous expansion in the consumptive demands of the This excountry is at the same time being effected. Netherl'ds. Nat. Bela..» L * The division (between gold and sUver) given in our table of coin and bullion in the Bank o£ Germany and the Bank of Belgium is made from the best estimate we are able to obtain; in neither case is it claimed to be accurate, as those banks make no distinction in their weekly returns, merely reporting the total gold and sUver; but we believe the division we make is a close approximation. 1 The Austro- Hungarian Bank Statement is now issued in Kronen and Heoer instead of Gulden and Kreutzer. The reduction of the former currency to sterling £ was by considering the Gulden to have the value of 50 cents. As the Krone baa reaUy no greater value than 20 cento, oar cable correspondent ta London, in order to reduce Kronen to £ has altered the basis of conversion by dividing the amount of Kronen by 24 instead of 20. pacity of the country plains how time being increased; the that notwithstanding the it is prodigious in- crease in production, the output of goods finds a ready why there are such few setbacks in business, and why, when they do occur, they are of such With over 3 1-3 million more persons short duration. to provide for than four years ago, demand is bound to market, and , remain it THE LARGE IMMIGRATION MOVEMENT INTO THE UNITED STATES. all is is the large. This hardly possible to matter persons. simply of lay too housing means That upon which much stress. Take an element in is the affairs these all erecting additional of a great United States many new buildings for the accommodation of the and well it may. newcomers; that in turn means an additional demand for For the year ending June 30 1905 the arrivals of aliens land, an increase in real estate values, the opening up of exceeded for the first time in the history of the country many new sections, both urban and rural, the laying out a full million, reaching 1,027,421. The number was of new streets and roads, the making provision for inlarge, too, in the preceding two years in fact the larg- creased travel and transit in the cities and between them, est known prior to 1901-05 and yet the totals in those and growth and advance in a hundred other ways and The immigration movement is into the attracting a great deal of attention, — — years fell some 200,000 below the aggregate for the late twelve months, having been 857,016 for 1902-03 and 812,870 growing The movement has been for 1903-04. in steadily dimensions and the arrivals for 1904-05 were heavy as those directions. Altogether we have here the secret of the — phenomenal expansion and development -a growth in population large beyond that of other councountry's tries, caused by the flocking to our hospitable shores of unexampled numbers. 1894 to 1898 combined. It is business prosperity here We are aware of course that dissatisfaction is often of course that brings these foreigners in such large expressed over the character and source of this imminumbers, joined to the less favorable industrial and grant influx; that the desirability of many of these political conditions prevailing abroad. The course of immigrants is questioned. In character and nativthe immigrant arrivals has always followed closely the ity there has certainly been a very essential change as course of business in this country, falling away to small compared with a few decades ago. Nevertheless it it proportions in times of industrial depression in the United not well to draw hasty conclusions from that fact. The States and assuming an ascending tendency again when United States has reached that stage in its industrial our industries revive. Just now, as everybody knows, development where there is no longer the extreme need the country is enjoying phenomenal prosperity and the there once was for a supply of artisans, mechanics and volume of trade is on a scale never previously attained. laborers with which to carry on the activities of the really almost as four years from for the Obviously an addition to population in a single period of twelve months of over a million people is an economic — and aliens in such country. Henca looked upon as an large immigrant arrivals are not now unmixed blessing, and consequently the whether or arrivals are being pretty carefully scrutinized. And it not the immigrants be considered of a desirable type. is well that they should be. Not a few of those shipped factor of the highest importance The matter of the ceding, arrivals is large as of given all inflow just 1905 the in more the pointed out. to the this significance years immediately pre- Adding 812,870 by reason the arrivals 1,027, in 11' 1904 barred out under rigid inspection laws, and, not being allowed to land, never become immigrants. But aside from the personal test applied across the ocean to all are who attempt to come in, objection is made to some THE CHRONICLE. 640 of the immigrants as a class because of their origin and It is here racial characteristics. may lead the student astray. [Vol. lxxxi; the fact that the bulk of the immigrants consists of per- where hasty inferences sons who have not yet reached middle age, and therefore must be presumed to be capable of good work and great Of the 1,027,421 arrivals in the late fiscal year, 221,- usefulness. The figures for the latest year have not yet 479 came from Italy, 184,897 from Eussia and 275,693 been compiled, but in 1904 only 46,565 out of a total of are credited to These Austria-Hungary. usually considered the are three least desirable classes of immi- 812,870 immigrants were persons forty-five years of age that is, less than six per cent of the whole number come under the Osier ban. The same small and over — grants, and they formed, it will be seen, 082,069 of the whole number. But it will not do to condemn these proportion existed in the preceding years. In 1903 out of Take the Italians, for example. These 857,046, only 40,562 fell within that category, and in classes en bloc. are peaceably inclined and they make very good laborers, 1902 out of 648,743 the number was but 35,426. One other characteristic of the immigration movement though not always of the highest grade. Any one who has had occasion to employ them in the country at ordinary challenges attention a very important one, too, and — which as far as we are aware has superior to other classes of laborers in the same grade. scarcely any comment. We allude to the large Then even as to Eussia no sweeping rule can be applied. derance of the males over the females. It is The writer has had occasion to observe the development that among the immigrants the males should manual work knows —nay, that in that regard they are often yet one —of excited preponnatural exceed some immigrants who the females, since home ties bind the latter more came here a few years ago from Poland in Eussia. They firmly than the former, and since also the males comprised a number of minors. Long oppression had are better fitte d to fight the battle of life in a foreign made them abject-looking beings. But under the favor- country. For these reasons an excess of males over able surroundings and freedom enjoyed in this country, females has always been a feature of the returns. But These youths never before has the sterner sex so largely outnumbered their whole natures seemed to change. became fine specimens of physical manhood, they showed the weaker sex as during the last few years. In 1904-05 a capacity for hard work, displayed great aptitude, organ- 725,819 male immigrants came here and only 301,602 ized several newspaper-delivery routes, then started small females; in 1903-4 549,100 were males and only 263,770 country stores, and are now all profitably engaged in females; in 1903 the proposition was 613,146 males As to the arrivals from Aus- against 243,900 females; in 1902 466,369 males, 182,business for themselves. tria-Hungary, it should be remembered that these com- 374 females ; in 1901 331,055 males, 156,863 females. prise not a few Germans and also Hungarians of the In view of the interest which the matter possesses, we present herewith a table showing the numbers of the better class. As concerns the immigrant arrivals from other coun- different sexes for each of the last twelve years, and also outside of the three classes mentioned tries there is furnish a classification of the aliens by age. SEX AND AGE OF IMMIGRANT ARRIVALS. The German Empire is occasion for much satisfaction. the transformation — — not sending us very many immigrants present, that at Sex country being, like the United States, in the enjoyment Year ending June 30. Age 0/ Aliens. o1 Aliens. 45 and Male. Female. Total. 169,274 149,016 212,466 116,357 109,520 130,801 95,725 93,524 116,438 144,424 156,863 182.374 243,900 263.770 301,602 285,631 258,536 343,267 230,832 229.299 311.715 448.572 487,918 648.743 857.046 812,870 Under 14. 14 to 45. over. of great business prosperity, which always keeps the population at home. Only 40,576 subjects of Emperor William are recorded as having landed here during the On the other hand, the United Kingtwelve months. dom is contributing more immigrants than at any previous time for nearly two decades, and these, of course, are arrivals of the best type. fore for Englishmen. 135,107 135,775 195,277 304.148 331,055 466,369 013.146 549.100 725.819 57,569 45,087 52,741 38,627 38,267 43,983 54,624 62,562 74,063 102,431 109.150 31.740 28,444 36 007 27,024 26.127 19.545 23,566 28.840 35,426 40,562 46,565 196,322 185,005 254,519 165.181 164,905 248,187 370,382 396,516 539,254 714,053 657,155 1,027^.421 It is noteworthy, too, that a large proportion of the immigrants from the British Isles are 1894 1895 1896 1897 1898 1899 1900 1901 1902 1903 1904 1905 This has not been the case be- a very long period of time. No than 64,732 less The males being the breadwinners satisfactory feature as a rule, it is a from an economic standpoint to have But should them outnumber the females. the present Englishmen debarked on these shores in the twelve rate of preponderance of the one sex over the other be months, the largest number since 1889. In 1904 the long continued, the sociological results may in time benumber was only 38,626; in 1903 26,219. In the six come quite important. Aggregating the arrivals for the preceding years the average was scarcely 11,000 Eng- last five years, it is found that the males have numbered lishmen a year. Ireland sent us 52,945 and Scotland 2,685,489, while the females have been only 1,148,509. 16,977, both the largest figures in a long while. In the This is an excess of the masculine element for the five But at the Census following we show the source of the immigrant arrivals years of over a million and a half. of 1900 the males already outnumbered the females. by leading countries during the last six years. The total population was then reported 76,303,387, of IMMIGRATION— TWELVE MONTHS ENDING JUNE 30. 1905. 1904. 1903. 1902. 1901. 1900. 1899. which 39,059,242 were males and 37,244,145 females. United Kingdom 137,157 87.590 68,947 46,036 45,546 48 237 45.053 German Empire 40,576 48.380 40,086 28,304 21,651 18507 17,476 Add to the excess of 1,815,097 here shown the excess Austria-Hungary 275.693 177,166 206,011 171.989 113,390 114'477 62,491 Italy 221.479 193,296 230,622 178.372 135.996 100 135 77.419 for the five years since then of 1,536,990 on the immiRussia 184.897 145,141 136,093 107.347 85,257 91 157 60,982 Sweden 26,591 27.763 46.028 30,894 23,331 18'650 12,796 grant arrivals, and we have a shortage of members of Norway 25,064 23.808 24,461 • Other Europe Total Europe Asia-Japan Other Asia All other countries... Grand total 62,841 • • 66,799 17,484 38,642 62,259 12,248 31,818 9 575 23 962 6,705 14,425 ( 974.298 767.933 814.507 619,068 469,237 424 700 297 347 10.332 14,264 19,968 14,270 5,269 12 635 2 844 14.485 11,922 9.998 8,001 6*128 8.324 5 311 28,306 18,751 12.573 5*396 7,404 5,088 5 926 • 1,027,421 812,870 857.046 648.743 487.918 448.572 311,715 the gentler sex of 3 1-3 millions. come condition to the latter This should be a wel- and tend proportion of those obliged to seek their to diminish own means the of livelihood. In the latter sense (providing always that the There is another aspect in which the immigrant ar- disproportion is continued), the circumstance may in time rivals can be viewed with favor, and the remark applies develop economic as well as sociological significance by as well to the countries sending us the largest numbers reducing competition between the sexes in trade and as those furnishing the smallest numbers. We refer to business. AUG. THE CHRONICLE 19 1905. J THE CENSUS AND TEE VALUE OF RAILROAD PROPERTY. At the philosopher's stone has been found last — appear, did not see the interval ; at value of railroad property least as far as getting at the The alchemist has been In this country is concerned. 641 the way its has that when unity came, however, The coveted. as "expert" for State authorities has acted Statistician Office assigned strongly so do in to His oppor- since then. the Census him the task which he to allow him clear to elapsed iu the past in estimating railroad values and shown Census Bureau at Washington, which has this week that he was the possessor of many curious notions furnished an u advance outline " of a bulletin to be The Census work furnished him the subject. issued by it, " presenting the results of an extended in- on quiry in regard to the commercial value of railway operating property in the United A States." prob- little ing will convince any one, we are sure, that it has about as much value as the work of the alchemists of old, though the stamp of the Government carry much it The first outline" further. thing that attracts attention in this "advance the is observation ducted by the Bureau of tion the supervision of "was con- Commerce Commission under Henry C. Adams, Statistician Prof. Commission," and, furthermore, that the to the main of the bulletin, discussing the work should have been entrusted named is, say the to need not be That himself. to the persons who experts the of exploiting for these have engaged been with effort have been assopresent Census him in previous work of this kind for the States, and he could feel sure that their views and Some of the ideas would be in harmony with his own. him the in with ciated the University of Michigan. others are his confreres at Are we not We saying that the justified, therefore, in was acter of the results to be reached computed We for the do not pretend or close to the to year 1904, say that this We mark. from the mark far simply claim that in the main represents merely guesswork. it $11,244,852,000. is is comthe United that the mercial value of railway-operating property in States, char- fixed beforehand. summary are told by this Census It Our readers physical examination of railroad Commerce Com- county by county and State by Inter-State Several notions. not based on a is property unfortunate. least, told that the part first results of the inves- was written by Prof. Adams tigation, the the irjquiry that the Census, with the co-opera- Inter-State the of probably will opportunity conducted State and carried on mission has never displayed an especially friendly lean- under the direction and supervision of engineers and ing towards the railroads, while others having an intimate acquaintance with the value of Commission has from the his the Statistician of the made no attempt to conceal Yet Census results should first bias against the same. be impartial; and the fact that the compilation of the re- turns has been under the direction of persons whose bent of mind unfitted might be them for the though they work, even entirely honest in their intentions, serve to throw doubt around the circumstances did not make plain that the inherent in the it figures, would alone even if other difficulties undertaking rendered reliable results altogether out of the question. All things come to him who of the Statistician of the Inter-State sion furnishes new proof the very report ever first The experience Commerce Commis- waits. of the truth of the statement. made by him In as Statistician, in such property; though even conclusive as theoretic one inquiry we had The trustworthiness. result During the progress else. is a of the the pleasure of a visit from two of the experts, or method best its —nothing special agents the to were that would not be if it or who asked our opinion methods as to pursue in carrying out to In conference with one of these agents the undertaking. we expressed ourselves frankly and freely, stating there was no best method or indeed any method that could be depended upon to yield reliable We results. that pointed out that in the absence of a physical examina- was an impossible one and that it were betabandon it that any figures that might be reached tion the task ter to — would be given an importance in the eyes of the public January 1S89 (over sixteen and a half years ago), he that they could not be claimed to possess, and would be argued in favor of just such an " investigation." We sure to prove mischievous in the end. We are still of took the liberty of quoting his words on that occasion this opinion, and the present " advance outline," with and they are worth repeating, now that his ideas have the remarks contained therein, confirms us in our posifound concrete Here report. expression is the in the figures of statement a Census made by him on It this may be value early occasion. •It tion. was manifestly the desire of Congress to assure it a trustworthy estimate of the relation existing between the present worth oi railroad property and its cost to those who are proprietors of it. * * * This office, therefore, is placed under the legal obligation of making inquiry into the "cost and value" of railway property. * * * As preliminary to such an investigation, the corporate history of railways in the United States must be written. The steps by which great corporations have arisen to their present power must he made clear. The process of consolidation and the contracts entered into to consummate consolidation must be laid bare. Ever} charter for the construction of new lines, every law on the authority of which action has been taken, every court ee respecting insolvent roads, must be made trihute all pertinent information. Indeed, the b locked in the minds of railway presidents or corpora attorneys ought to be brought to light. * * * Wl or not this office shall enter upon the investigation out- asked what are told is This Commission to determine." meant by the "commercial" By commercial value we meant the estimate placed upon the worth of the property regarded as a business proposition, market value. In further elucidation the two chief factors determining the "expectation of the it e., the stated that is market value are income arising from the use of the or not. The of importance fact How pure and simple. is that it theory, is has this theory been applied? The next sentence furnishes of the factors mentioned, the answer. The influence pointed out, "is indie it is by stock market quotations, and on a basis of a stud these quotations the rates of capitalization applied to let earnings '!<• of individual So determined." solves itself into a A peculiarity oi in the matter the of method tlio railways or railway last analysis the th ag re- "stock market quotations." oi computing net ei faxes and operating what the Statistician wanted to undertake six- should also be pointed out. teen years ago, but which the Commission, as it would penses were deducted in calculating these is i. property and the strategic significance of the property." We need not discuss whether this is a sound proposition • lined, is for the is of railway property. oel earni THE CHRONICLE. 642 "but not expenditures for Here again we on these rail carriers. We may be sure that the States Commerce Commission, having high ratios will not be induced to lower their as- improvements." see the hand of the Inter-State sessed values, while tiiose having the low values will be- body have repeatedly claimed that the roads should not be allowed to pay for improvements for the members out of earnings to admit of that — that when earnings of expenditures of which reduced, a policy come large make are sufficiently that kind, rates ought to be applied if practice in many sooner or later result in reducing We of the roads to seriously the Census does not rest there. among the It some more Nearly systems have mileage in more can any one of these States except by being there one to State than one no be made examination, valuable is perhaps State the for fact terminal none; bridges, in another no bridges at and other variations to do. determined not with a wealth of paragraph it How ingeniously argued that be taxed depends upon whether properly the State undertakes to tax the roads at their full com- mercial value, including the values of both tangible and intangible property, or whether seeks to confine it how is taxation to the value of the tangible property alone. that in the former case it is urged the values submitted are In the regarded as substantially correct. they would be too high. costly This is too, that while these Census annual convention of prepared as a basis National Association of Railway Commissioners, figures may taxation, yet for readily available for the purpose its In to be latter case a hint for the States to an expen- take cognizance of the intangible property and numerous roads, if they have not already done so. It In a paper on the differences'? Census But u the United States. is rail- basis for taxing railway in one, all; subject read before the sixteenth total States might property, one, in sive right of way, in another a cheap one; the will railroad State. is whether or not the value given ($11,-214,852,000) represents the value upon which the railways of the United a physical examination; and physical there another in larger kind this discovering a proper purchase price for the to the very next the value of the mileage located in each tell allowance the all This do not overlook the fact that the Census bulletin Bureau the theoretic propo- where these crude compilations is lnitchief, seek to will properties, but as one step in ascertaining for the through the States who woik of that conjectural ways of the United States nor as a But undertakes to appor- different application and exploiting of That view attempt were the if merely to give the value for the country as a whole. special harm agitators, attempts to raise them. political capital in illustrates the matter of guessing at the value this of railroad property less do prey of political says the values submitted were We should treat sitions. the would always certain bankruptcy again. tion this total [Vol. lxixi. of the railis obvious, not have been thev would be and the Census agents H. Meyer, one of the expert special agents in themselves, if they should be called in as experts to exCensus work, pointed out that upon one point abso- press an opinion by any of the State authorities (and lute unanimity of opinion has existed, namely on the in- some of them have acted in that capacity in the past, incorrectness and untenability of the track-mileage-basis for cluding Prof. Adams himself,) could hardly be expected the assignment of values to. States. He also showed that to reject the results of their own labor. Prof. B. this inventory valuation of 200,000 miles of As railway was not a feasible undertaking, by reason of the ment getting at the cost in time and money involved, and even if it were if to give additional is made that ••the weight to the figures, the state- results of the investigation re- ported in this bulletin have been carefully tested." feas- Pre- made by the StatisHe indicated a preference for the ton-mileage or the gross- tician of the Inter-State Commerce Commission in revenue basis for the apportionment of values. But January 1889, and from which we have quoted above, either method is a wholly arbitrary one, and the division were also carefully tested. Yet Illinois was credited in would usually have to be made on some fanciful or that report with having 16,171 miles of road, whereas it theoretic basis having possibly some support in the facts, then had only about 9,600; Iowa was credited with only but how much in any given case it would be impossible 3,496 miles when it had over 8,300 miles Michigan to tell. Moreover, neither traffic or revenue statistics with 5,100, when it had 6,500, &c, &c. The figures ible, that method would not be entirely free from objections. sumably the figures in the first report ; are to be had in some were subsequently corrected after their palpably erronestances other comparisons were adopted " with a view of ous character had been disclosed. In the case of the formulating a plan which can be applied to isolated present Census compilations, the figures might be the case of railways tor which One other roads. In these in- classes of facts are not avail- equally wide of the mark; but as the fact could not be — most interesting of these compari- proved they would have to stand unaltered working sons, Professor Meyer stated, would be a a percentage justice and mischief for a long time to come. able." the of showing the density of the population along the Thus from beginning to end, of the railway." table line there is nothing but assumption and theorizing —nothing RAILWAY PROVIDENT INSTITUTION'S* Sixteen of the railroads of the United States now pay pensions to superannuated employees, appropriating real, definite, tangible or substantial. And in- yet the Census bulletin does not hesitate to pre- $1,350,000 yearly; 21 roads have relief or insurance de"^ith great precision and nicety. It goes further than partments which benefit 206,000 members (65 per cent this. It furnishes comparisons for each of the States of of all the employees of these roads); aud these and the u commercial value " thus obtained of the railways numerous other companies appropriate, in the aggregate, other in such States, with the latest reported assessed values in many hundreds of thousands of dollars annually in sent results for the same values to all the States worked and shows that the ratio of assessed ways for the promotion of the welfare of their employees these theoretic commercial values varies from outside of their regular work and compensation. States, \7£ per cent to 114*4 per cent. — constructed — furnish figures basis out apparently lor will on such What a a pretext these wholly hypothetical advancing valuations in the States i i having low ratios, and thus imposing new tax burdens aRaihvay Provident Institutions in English-Speaking Countries. Reports made for the International Railway Congress, Washington, D. C, May 1905, by M. Riebenack, Comptroller of the Pennsylvania Railroad- pp. 357; alsc addenda and indexes. Issued by the author, Philadelphia, Pa AUG. 19 1905.] These activities Max a marked ami interesting constitute industrial the feature ot THE CHRONICLE. progress of the time, ami Mr. veterau officer ot Kiebenaok, a the Pennsylvania Railroad (now Comptroller of the company and for many years an officer in the Comptroller's department) has done putting together in book the public a graceful service in form the results of the studies in made last year lor the International given aie Statistics lor also this held which he leader in giving benefits of employees its retirement. Elaborate the for last year reported on the Pittsburgh, $390,000; were, on the lines east of three kind to to their The appropriations ment. other British possesions. this years previous company's service at the in Pensioners are not forbidden to secure outside employ- lines road, the Pennsylvania, has been a own have been regulations are made for the retention of pension privileges by employees who temporarily leave; the service. lines Mr Riebenack's least thirty English, Australian and those ot , beneficiaries will Railway Congress. Indian railroads and 613 west, $150,000. The total payments on the eastern for four years amounted to $1,334,088, and for wars on the western lines $330,228. Relief departments differ from pension burden financial the that departments in borne mainly by the em- is (though less elaborate schemes were begun many years eailier by the Baltimore Ss Ohio), so that he is well ployees themselves; and relief departments are found on qualified to write a discriminating account. panies above mentioned; notably, the Chicago Burlington Some the railroads ot which pay pensions have only department and have a & number of other roads besides the pension-paying com- Quincy, the Atlantic Coast Line and the Lehigh Valley. The last-named pays half of the benefits out Of the com-' treasury. Membership in these associations is begun systematic The assertion has been made that, These, in the order of the dates on purely voluntary. there are nine. which pensions were established are: The Grand Trunk while nominally voluntary, membership is practically of Canada, the Baltimore & Ohio, the Pennsylvania, compulsory; but Mr. Riebenack declares that this is an establishsd recently the Of work. Xorth Western, the Pennsylvania lines Pittsburgh, the Illinois Central, the Delaware & Lackawanna & Western, the Philadelphia & and the Buffalo Rochester politan Street Eailway of Giand Trunk of the still pays earlier, & and earlier (187-1), both of depaitment account of the large number of not only on ployed company, but by the thorough nature A is study of also ot the preparations this When fitness. employees lished, then without mitted time present Pennsylvania medical a a men em- Railroad On of dollars. standing weie is but to the company not amount to $750,990 and be sagacious business men, but at The number of members end of 1903 the es- dis- over thirteen and one-half to lines west the established to for the in the The was of Pittsburgh, later, the over five millions. average disbursements yearly on the eastern lines organization, in which the directors of the ad- enforced. department relief bursements have amounted directors. department reveals an admirable only show themselves to mental and examination; standard rigid tablished in 1886, millions good in by the complete and where the department was by the of physical, the relief departments were estab- and up properly made prominent, bursements had amounted these were quite limited in scope, so that the Pennsylvania's pension standards their to j City also department was established Ohio pension unfounded charge, based probably on the fact that the railroad companies will not employ men who do not The Metro- moral Pittsburgh. Kew York pany's Eeading come up Although, as before stated, the Baltimore pensions. that lines? & the Chicago west ot hardly more important the lines west dis- The now $381,260. to the departments both east same time manifest a very proper degree of human and west of Pittsburgh is 104,151, of which shop men sympathy. The relief departments fill a larger place in constitute from 25 to 30 per cent, brakemen 12 to 15 per the affairs of the company and of the employees, but the cent and officers, agents, clerks, etc., 17 to 21 per cent. pensions constitute a more novel feature. The directors Members are classed according to their salaries, without at first (1900) made a pension appropriation of $300,- regard to occupation and they pay, monthly, first-class000 and announced that if, under the rules, this sum did 75 cents second-class, $1 50 third-class, $2 25, and so the highest class, $3 75, being the sum paid by emnot prove sufficient to pension all of the men reaching on the specified ages at the prescribed rate of payment the ployees earning $95 or more a month. Under suitable rate would be reduced; but no reduction has ever yet restrictions a member may join a class higher than that been made and it does not seem likely that any will be to which his earnings entitle him. made. On the Pennsylvania lines east and west of The accident benefits per day for the first 52 weeks Pittsburgh there are 172,000 employees and the num- are for the fourth class (paying dues of $3) $2 after 52 per of pensioners at the last report (December 31 1903) weeks, $1. The sickness benefits for the same class are was 2,134. All employees and officers are retired $1 60 and 80 cents death benefit, $1,000. Employees the ; ; ; — ; ; from service at the age of seventy, but if incapaci- may, by paying additional dues, take an additional and on approval of the proper officers, an officer death benefit that is to say, may double their life inor employee may retire on pension between the ages of surance. Up to the time the pension department was sixty-five and seventy if he has served thirty years. The established the railroad company had paid out of its own tated, pension service. ; is one per cent of his salary for each year The "'salary" basis has earned lor the ten years is the average of of what he next preceding retirement. sums in relief to employees remaining dismore than 52 weeks. These payments aggre- treasury large abled gated $363,919. Since the establishment of pension* For example, an employee who has been in the service the relief fund itself pays benefits, at half rates, after forty years and whose average annual salary for the last the expiration of 52 weeks, and until recovery, or until ten years has been $1,000 will receive a pension of $100 the person becomes eligible to a pension. The annual yearly. It is paid monthly. No less thari 614 pension- mortality is from 12 to 13 per 1,000 members. The ers had died up to the end of 1903, the department hav- office and other running expenses of the relief departing been established east of Pittsburgh at the beginning ment are borne entirely by the railroad company, and of 1900 and west of Pittsburgh one year later. there is It the company also guarantees the insurance. I he company now take3 on no new employees over a deficit the company makes it good; if there is a surplus thirty-five years old, so that after a few years all pension it is set aside every three years toward the establish- THE CHRONICLE. 644 [Vol. lxxxi.' participation by the reader. Finally, there is one road, the Bessemer & is no department inLake Erie, on which the employees receive regular the company in the burdens of tho considerable aid to the employees, the payments by the sickness, accident and death benefits without cost either Pennsylvania for operating expenses of the relief fund to employees or company, by the munificence of Andrew roent of a superannuation This fund. during 18 years having been $1,815,642, or approximately $100,000 a year. On .the lines west of Pitts- burgh a corresponding amount is In the matter of pensions, the companies other than the Pennsylvania have adopted various details of their own but for the ; relief departments the other companies, Beading — have followed What By payment found on any of the roads. penses is new development a comparatively in sociology, and as a number of other roads, notably the New York Central, seemed to have planned to follow the example the taken as giving a fairly accurate impression of what lo be scale of pensions by railroads on an extensive the Burlington and the of the Pennsylvania, it may be expected that in a few Pennsylvania plan quite years many of the more stable corporations will be found has been said here mny, therefore, be in the list. Nothing has occurred thus far at least notably the two principal ones closely. — Lake Erie being one of the corporations affiliated with the Carnegie steel properties. The payment expended. & Carnegie, the Bessemer and assuming risks is of ex- nothing has been public — to indicate anything but complete satisfaction with the principle, and the practice companies under of deficits, the made — it, both by the companies and the employees. And some criticism of the Pennsylvania on tained at cost, without extravagance. The assessment the ground that the scheme is too distinctly paternal, of dues upon clerks and other indoor workers at the same tendingt o impair the independence of the employees rates as upon brakemen and bridge-builders would seem and to gradually inculcate in their minds lower ideals of to be inequitable, on account of the hazards of the out- manhood and citizenship than have heretofore prevailed. door employments; but except in this regard the costs of In so far as such criticism is based on a true public spirit the insurance are so well distributed that, considering and not on some labor demagogue's ignorant notions, it the relief afforded by the company's liberal payments, no deserves consideration. member has any ground for complaint of excessive cost. Theoretically the expectation of a pension may preIn consideration of these payments the directors of the vent an employee from joining in a strike when his company appoint half the members of the board of man- emloyer makes an unjust reduction of pay; and being agement, the General Manager of the road having, in thus indirectly bound to a railroad company for life may, case of a tie, the casting vote. indeed, tend to weaken one's sense of independence Mr. Biebenack follows this part of his report with and freedom; but there is no evidence that any such quite full notes concerning relief associations main- result has yet followed to any harmful extent. No one tained wholly by the employees themselves (of which finds fault about the payment of pensions to school there are several small ones on the Pennsylvania itself), teachers, policemen and retired military officers who and concerning support given by railroad companies to have spent their lives in the service. From the standlibraries and Young Men's Christian Associations. Of point of the railroad company pensions are justifiable not these latter there are 198 maintained for railroad men, only as a means o/ making employees contented, and and 42 railroads contribute over $500,000 to them therefore more efficient, but also as a means of directly The Pennsylvania alone contributed $53,351 improving the service by weeding out the old men. In yearly. Most railroad officers such exacting work as that performed by enginemen and in one year (east of Pittsburgh). are on record as heartily approving this institution, other trainmen, and in track and bridge maintenance, which affords important spiritual, moral, mental and signaling and other things on which the preservation of physical benefits to railroad employees, especially to lives and of costly property depend, the employment of trainmen, who, but for its advantages, would, by the any but the most efficient men is well-nigh a crime; and circumstances of their work, be deprived of social priv- in some occupations it might be the duty of a railroad ileges which are really essential to good citizenship. company to dismiss men at a certain age, even if it had Another very modest but highly useful enterprise not a dollar available for the payment of pensions. Unconducted by the Pennsylvania, and by a good number less there is an established arbitrary rule, as where penassure their employees of other Injured." roads, is that all the instruction "First in Where men have been accidents at a been sacrificed Aid injured in distance from towns, for lack of a little are benefits main- yet there has been the sions are paid, the to railroad have often rudimentary surgical lives officers are liable to be deterred by their brotherly sympathies ironi efficiency has dismissing men whose become impaired by age. But whatever may be the final shape taken by public knowledge on the part of the men in charge of the train opinion on these questions, there can be no doubt that or of the work and there is ample evidence that already the people desire to have their railroad service a pubmany lives have been saved by giving suitable instruc- lic function of the highest importance conducted with tion to trainmen and others. On many roads little boxes the utmost regularity and as all of these semi-benevolent of surgical appliances are now carried on the trains. operations are, by universal consent, well calculated to Mr. Biebenack also tells of the railroad hospitals, promote such regularity, by establishing a definite tie ; — — ; between employer and employee, they will receive uniThe Missouri Pacific and the Southern Pacific have versal approval, unless and until there shall appear well been leaders in this work. Employees are assessed, defined reasons for disapproval. What these railroads which, in the West, have for years been a great boon. usually 50 cents a month, to support the hospitals. the East public hospitals are sufficiently numerous In have done to is truly " semi-benevolent," for, while only directors sensitively sensible of the ties of brotherhood would have devised such broad and liberal provisions for Still another branch of "provident" activity is that their employees, their broadness and liberality are sure which embraces the schemes of the Illinois Central and to redound to the benefit of the companies' treasuries, the Great Northern to sell to employees shares of the and thus to be proved wise by the coldest business stocks of the companies. Tnese are already known to standards. preclude the necessity of special railroad hospitals. — Aug. THE CHRONICLE. 19 1905.J FALL RIVER MILL DIVIDENDS FOR NINE MONTHS OF DO."). I 1 i Dividends Dividends Inert ase 1905. 1904. or Capital. Dermis, Amount /'.('. $ S.000 4,500 dividend $ Linen Co AnierU-.-in Arkwricht Mills Barnadv Mfn. Co Bourne Mills Cfatoe miiis Conanleut Mills Cornell Mills DftTOl Mills Flint Mills Granite Mills Harcraves Mills King Philip Mills Laurel Lake Mills Mechanics' Mills .. Co Seaeonnet Mills Mills ta fiord Mills 550,000, 500,000 300.000 Mills. & W. Mfe. Co. Union Cotton Mfg. Co... Wampanoag Mills roy Cot. Weetamoe • I .000,000; 700,000| Stevens Mfe. Co ecumfch 1 600,000 Shove ,200.000' 750.0001 550, 00 J Mills Totals 10,000 15.000 Hi 1'-. 11.250 Xo dividend l'» 5.000 No dividend 1'.. 8,700 15.000 ft dividend 15,000 6,000 1 7.500 1 S,000 6,000 1H 7,500 No dividend 9,000 l'i 12,000 l'-> 13,500 No dividend No dividend No dividend 8,750 IH 7.500 3* 9,000 1\4 18,000 No dividend 1 5,500 1 600,000! SOO.000; 900.0001 Richard Borden Mfg. Co. 1.950 1 100.000 Pocasset Mfe. Co . No iii 5S0.000 .000,000 soo.ooo ,000,000 300.000 750.000 SOO.OOO 400,000 750.000 SOO.OOO Mills Mills M fs 1 4011.(11)0 Merchants' Mfe. Co Narraeansett Mills Sagamore 1 J50.000 495.000 .000,000 ,000,000 750,000 300.000 Mtg. I'o Border City Mfe. Co Osborn Parker M 10,0(10 ;:;,o. oi Barmrd 1 ' .. /'.CM . Amount S s.ooo 0.750 No dividend Xo dividend No dividend 5.000 No dividend 2.700 1* 4.000 4.000 1 I 6,800 l' a 15.000 No dividend 15.000 \» 3.000 7.500 1 No dividend 1 4,000 1 7,500 No dividend 9,000 1% 12,000 1J| 9,000 No dividend No dividend No dividend 1 7.000 7.500 1H 2 6.000 1 12,000 No dividend No dividend $ 1 —2", 250 1', -t H 215.650 0-70 21.775,000,0-99 4"§50 10,000 + 10.0011 -I |: 1 Dividends Dividends 1905. 1904. Capital. 350,000 Davol Mills Flint Mills Granite Mills Hareraves Mills... Kine Philip Mills.. Laurel Lake Mills Mechanics' Mills... . Merchants' Mfe. Co. Narraeansett Mills. . Mills '.'.'" Parker Mills Pocasset Mfe. Co .. Richard Borden Mfe. Co Sagamore Mfe. Co . . Seaeonnet Mills.. . Stevens Mfe. Co. Twumseti Troy Dot. Mills <fc W. Mfe. Co"" Union Cotton Mfg. Co Wampanoac Mill Mills Weetamoe I ."" • [•Totals.. 20.000; ' Mills Stafford Mills $ 16.000 9,000 dividend 9.900 25,000 22,500 300,000 No dividend 400,000 3H 14.000 400.000 No" dividend 580,000 14.500 000.000 1* 30,000 SOO.uOO No dividend 000,000 4*4 45,000 300,000 3H 10,500 750,000 7.500 800.000 1 8,000 400.000 2 '4 10,000 750.000 1 7,500 800.000 No dividend 600.0001 4^ 27.000 800,000 4 32,000 900.000 3H 31.500 600.000 No dividend 550,000 No dividend 000.000 No dividend 700.000 3M 24,500 500.000 4H 22,500 300.000 5H 16,500 ,200.000 4H 54.000 750.000 No dividend 550.000 1 5,500 '"" Cornell Mills Shove No 495,000| 2 .000.000 2 ,000,000 |M 750,000' Conanicut Mills Orborn 2 450.0001 2 + S.0II0 + 2,000 21,775,000 III 2- 13 462,900 +~3~66o + 6,000 + 5~506 + 64,900 Increase or Decrease. 32,000 20,250 No dividend No dividend 25.000 2H 35,000 3H 15.000 2 9,000 5 16,000 4 16,000 4 23,200 4 45.000 4'A 16.000 2 45.000 4H 15,000 5 22,500 3 16,000 2 —16,000 —11,250 16,000i 22,500 16,000 27,000 4H 36,000 3* 27.000 7.500 IK No dividend No dividend 35.000 5 22,500 4>A 24,000 8 48,000 4 15,000 2 11,000 2 3 2 + 9,900 —5,000 — this Bank in the The capacity of credit man. receivers of the Merchants' Trust distributed on Tuesday the Company K) per cent depositors. — The Hank of fifty-fifth institution I860, anniversary of occasions the 15th in the past we have adverted condition of the bank. anew attention The to the matter, deposits and is National Bank. The plan involves the liquidation of both and the organization of a new national bank with a capital of not less than $800,000 and a surplus equal The name to be borne by the projected to the capital. bank will, as far as practicable, embody the names of the institutions The stock of the new bank will be offered to the present shareholders of the consolidating banks at $200 per share (par value $100), the stockholders of the respective banks having the right to subscribe in proportion to the amount now held the privilege to so subtwo existing institutions. — scribe expiring September 1. The German- American Bank has a capital of $500,000, surplus and profits of over $800,000 and deposits (June 7) of $5,366,487. The Flour City National has a capital of $300,000, surplus and profits of about $208,000 and deposits (May 29) of $3,183,491. The new bank will occupy the premises on West Main Street now course of construction for the German-American Bank. in — Orders authorizing the institution of several lawsuits were granted by Justice White in the Supreme Court at Buf— 8,700 falo on the 14th inst. to Edward E. Coatsworth, representing —15.000 — 16,000 Receiver Wheeler of the German Bank of Buffalo. One of these approves the action of the receiver in bringing suit ——4.500 15.000 —8.000 involving more than $750,000 against the directors for al—6,000 —15,000 ged wrongful acts; another permits the receiver to insti— looiio tute an action against the stockholders for their liability —4,000 + 4,500 upon their stock holdings, while still another authorizes the —7,500 receiver to start suit against Eugene A. Georger, formerly —10.500 President of the bank, and Frank F. Williams to recover —7,500 about $90,000 in connection with notes of the Lima + li,(lln> -15,000 lioneoye Electric Light & RR. Co. 658,450 ii . —The -195,550 proposition to convert part of the surplus of the of Pittsburgh to the capital account, Second National Bank CO'S. will reby increasing; the latter from $600,000 to $1,800,000, be presented to- the stockholders for their approval on week aggregate 45 September 12. The bank now has a surplus of $2,500,000, ers The following table shows the sales of bank and trust company stocks made during the week either at the Stock Exchange or at lull-paid shares, returning the old certificate auction "We : TRUST I62K 282 COMPANIES— New York. 226 Farmer-,' Loan 6 N. Y. Life Ins. & Trust Co ATrustCo z Sold at the Stock Exchange. 1,451 1.035 $20,- —An amalgamation proposed of two Rochester, N. Y., —the German-American Bank and the Flour City IO.U.,0 32 shares. Prire. at banks stocks reach York. 35 Citizens' Central Nat. Bank.. xlO City Bank, National now profits of shares at H\S Kri— New the to $2,110,822. Total surplus, profits and earnings since January 1 1869, including the dividends paid, have been $3,608,812, The bank's officers are Stephen M. Clement, President; J. J. Albright, of $230,000 company Share*. The as a A little growth and prosperous statement published in the local papers comparing the figures of August 15 1905 With those for the same month in 1900, 1890, 1880, 1870, 1860 and 1850 serves to direct + 7,500 of a total of National inst. State bank on August 15 national system in April 1902. On was organized and entered the several Marine the Buffalo, N. Y., occurred on which 35 shares were sold at auction and 10 the Stock Exchange. The transactions in trust shares, of tin- dividend, aggrecity gating about $8Q0,Q00, recently authorized in favor of the —9,000 —2,000 —16,000 ITEMS ABOUT BANKS, BANKERS AND TRUST —The public sales of bank stocks which he has lately been elected. Mr. Parker has also recently been connected with the National City + 1,750 4 306 1 + 4,500 Vice-President; J. H. Lascelles, Cashier, and Clifford Hubbell and H.J. Auer, Assistant Cashiers. 4\4 i it . this City, to + 3,000 capital P.C. Amount. P.C. Amount. $ 800.000 of the Second Naassume the office of Fulton National Hank of ViccrPresideni 1 150.750 1905 and 1904. . Parker, 119,221 contrast with $7,094,053 five years ago and 1,250 + .000 $2,091,017 in August 1890. Total resources on August 15 —4,000 + 2.900 of the present year are reported at $22,650,043 again&t $8,356,625 on the same date in 1900. The bank has a paid out in dividends 8462,900 in the nine months of the present year, or an average of but 2.13 per cent, against 3.06 per cent in 1904, 4.36 per cent in 1903 and 4.59 per cent in the like period of 1902. In 1901 the average dividend was 4.2S per cent in 1900 it was 6.25 per cent and in 1899 it reached 3.68 per cent. American Linen Co Arkm-ieht Mills Barnaby Mfe. Co Barnard Mfe. Co. Border City Mfe. Co Bourne Mills Chace Mills.. A. of this city, will on Sept —2.700 Combining the foregoing results with those for the halfyear, we have the following exhibit for the nine months. It is seen that on a capitalization of $21,775,000 the mill have Nine Months Hank Vice-President of the Market For the thin! quarter of I90S the dividend record of the Fall River Mills is a little more satisfactory than thai foi Twenty-throe of the thirtythe preceding similar period. two cotton-manufacturing corporations which furnish reports of operations have declared dividends, the total amount paid out having been 1215,650, or an average ol Nine mills declared 0.99 per cent on the capital invested. no dividends, and eight maintained last year's percentage, In 904 twenty mills paid out $150,750., or an average In 1903 thirty-one mills paid out an average 0.70 per cent. o( 1.44 per cent. In 1902 the average rate was 1.50 percent. In 1901 the average percentage was 1.12, and in 1900 the average rate of distribution was 1.81 per cent. The exhibit in detail for the third quarter of 1905 and 1904 is as follows: Third Quarter 1905 and 1S04. Etoberl tional 6J5 Laxt previoun M July 1905— 1905— Auk. 1905Aug. 1906- 160 282 1,400 1.037 besides undivided profits of over $500,000. to will receive in exchange for The stockhold- one share now held three and receiving w certificate for the larger number. The circular issued the shareholders regarding the increased capital -tale-: have been severely handicapped by the limit of $60,00Q" (this referring to loans, which under the National Banking Act are restricted to ten per cent of the capital) "but the Legal limit of $180,000 would solve for us this serious problem which has confronted the directors." — It is stated that the .subscriptions to the stock of the proposed Phoenix National Bank of Pittsburgh have bi THE CHRONICLE. 646 returned and the stockholders notified that the project has been abandoned for the time being. The application to organize the bank, which was to have $200,000 capital, was approved last November. The letters to the stockholders are said to intimate that the movement may later be revived. —The field, capital of the Clearfield National Pa., has, it is Bank of Clear- reported, been increased from $100,000 to $200,000. —In the report filed on the Court by H. P. Boyden as 1 Hh inst. in the United States receiver of the failed firm of Holz- man & Co. of Cincinnati, it is stated that the schedule of the firm shows aggregate assets of (face value) $985,586 and liabilities of $947,103. — Arrangements have been perfected for the transfer of the assets of the American National Bank of Barbcrton, Ohio, (capital $100,000), to the Barberton Savings Bank (capital W. H. Auck, heretofore Cashier of the American, occupy a similar office with the Barberton Savings Bank. $50,000). will — For National the purpose of acquiring a new site, the American Bank of Indianapolis will increase its capital from $1,000,000 to $1,500,000. The bank has an option (running to September 15) on the old building used by the Indianapolis Post Office, the option covering the main building and the ground. The site has a frontage of 102 >£ feet on Pennsylvania Street and 137}^ feet on Market Street, and the purchase price named is said to be $400,000. The 5,000 shares (par value $100) to be put out by the bank will be issued at $150, payable October 13 1905. While stockholders of record September 28 have the privilege of taking one new share for every two at present held, it is hoped that they will consent to waive their rights to a portion of the stock to which they are entitled, with the view to placing it to further increase the bank's business. The $250,000 premium realized by the sale of the shares at $150 will be added to the surplus and undivided profits. The stockholders' meeting for the purpose of ratifying the proposed increase in capital will be held on September 13. The capital of the bank was increased from $350,000 to the present amount, $1,000,000, three years ago. The institution is less than five years old, having commenced business in February 1901. John Perrin is the President. —The Comptroller approved on the 7th inst. an applica- tion to organize the Central National Ind. The bank —The will have a capital Bank of Anderson, of $100,000. amount of first mortgage bonds by the Commercial National Safe Deposit Company of Chicago which is to finance the erection of the new Commercial National Bank building is $1,800,000, instead total authorized to be issued — — of $1,500,000 as previously reported. [Vol. lxxxi. bank, I can guarantee that he got no opportunity to interfere with the bank's funds. He came in about two months ago. He bought the stock of W. A. Hover, J. P. Paulson, one or two Eastern people, and perhaps the bulk of a Denver man's stock.". Assignee H. M. Beatty (Assistant Cashier of the bank) writes to us under date of the 15th inst., stating that he feels warranted in saying to the banking fraternity generally that he believes in all sincerity that the assets of the Western Bank will more than cover its liabilities. — With regard to the Denver Savings Bank of of the name of Leonard the following statement inst. by the attorneys of run experienced last week by the Denver, Colo., and the connection A. Imboden with the institution, was issued under date of the 9th the bank: single share of stock in the Denver Savings Bank stands in the Mr. Leonard Imboden. Mr. Imboden has never been a stockholder in said bank, neither is he now, nor has he ever been an officer or director in the institution. Moreover, the unfortunate and unnecessary run that lias been precipitated on the bank is not due to any influence Mr. Imboden has had on its management. "As attorneys for the bank we are of the opinion that it is solvent and amply able to take care of all its interests. It has not asked for aid from the clearing houses nor from any other source, and it will not be necessary for it to do so. "Not a name of "POTTER & BANKS, "Counsel for the Denver Savings Bank." an advertisement published on the 11th inst. (by which time the run was said to be over) it was announced In that "local parties of strong financial standing are negotiating'for the purchase of stock in the tion with the institution will banks make bank and it their associa- one of the strongest in the State." —The Grand Avenue Bank of St. Louis, organized on on the 24th ult. at Grand and Easton avenues. The bank has a capital of $100,000 in shares of $100 each, and has not as yet created a surplus fund. E. E. Magill is President; A. W. Lambert and Igna- March tius is 9, opened McMenamy for business are the Vice-Presidents, and W. L. Nichols Cashier. — Judge John W. McElhinney of the St. Louis County Court on Tuesday appointed Fred. Essen of Clayton, Mo., receiver of the People's United States Bank of St. Louis. The appointment followed the decision (announced this week) of Judge Willis Van Devanter of the United States Circuit Court at St. Paul denying an injunction restraining the enforcement of the fraud order issued against the institution on July 6 by Postmaster-General Cortelyou. The bank's directors on Monday, after the announcement of Judge Van Devanter's decision and previous to Judge McElhinney's action in appointing a receiver, voted to place the institution in voluntary liquidation. Of this, however, Arrangements, it is announced, have been perfected $300,000 will be held at present in the treasury. The refor the absorption of the Memphis National Bank by the maining $1,500,000 has already been underwritten by a synMerchants' Trust Company, both of Memphis, Tenn. The dicate. The bonds bear 4*^ per cent interest. Of the issue, merger will occasion no change in the title of the trust com$1,000,000 will be offered at par to the stockholders of the pany and the President of the latter, Felix T. Pope, will bank, the latter being entitled to subscribe for an amount continue as its head after the consummation of the present equal to 50 per cent of their holdings of stock in the bank. The Merchants' Trust has been in operation only plan. The capital of the Deposit Company is $2,000,000, one-half since January of this year. Its stockholders in June voted of which is offered to the bank's stockholders at par, the to increase the capital from $200,000 to $500,000. The •other $1,000,000 being bought by the bank. The bonds Memphis National is an older institution and has a capital will be dated May 1 1906, at which time they will be delivThe report that the American Savings Bank of $250,000. ered. The stockholders will have the privilege to subscribe Trust Co. is to be absorbed by the Merchants' Trust is, & until September 15 1905. r; -''M'WWl 'W* according to a statement issued by the President of the last —The brokerage house of Knight, Donnelley & Co. of named, entirely erroneous. Chicago this week forwarded to a number of its creditors The new Texas banking law, which became operative checks in settlement of the claims against it, which it is re- after the 13th inst., was responsible for the chartering this ported was effected on the basis of 27 cents on the dollar. week of a number of proposed financial institutions. Two The firm suspended June 26. Houston companies were among the list, namely, the Union — - : : : : — — Proceedings have been brought against the officers of the Western Bank of Denver, Colo, (to whose suspension on the 9th inst. we referred last week), on the charge of accepting deposits when the bank was known to be insolvent. According to a list of the stockholders of the bank published in the "Denver Republican" of the 11th inst., Leonard A. Imboden holds 504 shares of the institution's $100,000 capital. The President, William G. Brown, in the previous day's issue of the same paper is reported as saying that "although Imboden got hold of the stock of the bank, I want it distinctly understood that he owes nothing to the bank. Whatever may have been his object in coming into the Bank & Trust Company with $500,000 capital, and the AmerBank & Trust Company with $100,000 capital. W. B. Chew of the Commercial National Bank of Houston is one ican of the incorporators of the first-named institution. Two which are to locate in San Antonio were also chartered, these being the American Bank & Trust Company, capital $100,000, and the West Texas Bank & M. L. Oppenheimer of Trust Company, capital $200,000. in the organization is interested Antonio of the American San institutions Bank & Trust Co. of that city. The question of increasing the capital of the First National Bank of Los Angeles, Cal., from $500,000 to $1 ,250,000 — Aug. THE CHRONICLE. 19 1905.] be voted upon by the stockholders on September will 7. The increase, as noted last week, is to be made on account of the proposed consolidation of the First National, the Los Action on Angeles National and the Southwestern National. association increasing the an amendment to the articles of number of directors from nine to not more than thirty-one Will also be taken by the First National's stockholders at the coming meeting. — The Canadian Bank of Commerce, head office Toronto, has recently opened branches at the following places South Vancouver, B. C, with T. R. Futcher Acting Manager; 11. Switzer Acting Princeton, B. ('.. with Manager; 647 The number of tons of freight reported as carried (including received from connecting roads and other carriers) was ,309,899,165, which exceeds the tonnage of the previous The ton mileage, or the number of year by 5,504,842 tons. tons carried 1 mile, was 74 r)22 ,0N9,f>77 the increase being The number of tons carried 1 mile per mile 1,300,810,584. of line was 829,476, which figures indicate a decrease in the density of freight traffic of 25,966 ton-miles per mile of line. The average revenue per passenger per mile for the year mentioned was 2.006 cents, the average for the preceding The average revenue per ton per year being the same. This average for the preceding year mile was 0.780 cent. freight 1 1 ,. , : W . 11. Jory Manager; Pincher Creek. Alberta, with W. G. Lynch Manager, and Cobalt, At Cobalt rich Out., with R. T. Mussen Acting .Manager. silver mines, we are informed, have recently been discovA branch will also shortly be opened at North Battleered. High River, Alberta, with 1'. was 0.763 cent. The gross earnings from the operation of 212,243.20 miles year ending June 30 1904, $1 ,975,174,091, being 974,327,184 greater than for the previous year. The operating expenses were $1 ,338,896,253, or $81 ,357,401 more Passenger revenue' was $444,326,991 inthan in 1903. crease, $22,622,399; mail, $44,499,732— increase, $2,790,336; express, $41,875,636 increase, $3,543,672; other earnings from passenger service, $10,914,746 increase, $1,093,469; freight $1,379,002,693— increase, $40,982,667; revenue, other earnings from freight service, $4,568,282 increase, $101,257; other earnings from operation, including unclassified items, $19,986,011— increase, $3,193,384. Gross earnings from operation per mile of line averaged $9,306, the corresponding average for the year 1903 being $48 less. The income from operation, or the net earnings, of the railways amounted to $636,277,838, a decrease of $7,030,217. Net earnings per mile for 1904 averaged $2,998; for 1903, The amount of income ob$3,133, and for 1902, $3,048. tained from other sources than operation was $212,933,990; in this amount are included the following items: Income from lease of road, $109,694,361; dividends on stocks owned, §44,969,794; interest on bonds owned, $18,702,245, and miscellaneous income, $39,567,590. The total income of the of line were, for the — — — — ford, Sask. STATISTICS OF UNITED STATES RAILWAYS. Summaries have been published this week from the Seventeenth Annual Statistical Report -of the Inter-State Commerce Commission covering the year ending June 30 1904. The total single-track railway mileage in the United States on June 30 1904 givenjas 213,904.34 miles, an inThe operated mileage, concerning which substantially complete returns were made, was 212,243.20 miles, including 6,638.34 miles of line on is crease for the year of 5,927.12 miles. which trackage privileges were exercised. The aggregate length of railway mileage, including tracks of all kinds, was — — railways $849,211,828 that is, the income from operation and from other sources is the amount from which fixed charges and similar items of expenditure are deducted to Deductions of ascertain the sum available for dividends. such nature were $570,425,902, leaving $278,785,926 as the net income for the year available for dividends or surplus. The amount of dividends declared during the year (including $115,546, other payments from net income) was $222,056,595, leaving as the surplus from the operations of the year ending June 30 1904 $56,729,331, that of the previous year having been $99,227,469. The amount stated above for deductions from income, $570,425,902, comprises the following items: Salaries and maintenance of organization, $453,341; interest accrued on funded debt, $297,674,738; interest on current liabilities, $13,945,009; rents paid 297.073.34 miles, namely: Single track, 212,243.20 miles; second track, 15,824.04 miles; third track, 1,467.14 miles; fourth track, 1,046.50 miles, and yard track and sidings, 66,492.46 miles. Thus there was an increase of 13,251.82 miles in the aggregate length of all tracks, of which 4,932.40 miles were due to the extension of yard track and sidings. The number of railway corporations included in the report was 2,104. Of this number 1,086 maintained operating accounts, 848 being classed as independent operating roads and 238 as subsidiary roads. In the course of the year railway companies owning 5,600.18 miles of line were reorganized, merged, consolidated, etc. For the year 1903 the cor- for lease of road, $110,857,803; taxes, $61,696,354; perresponding item \f-as 10,486.37 miles. manent improvements charged to income account, $38,522,The length of mileage operated by receivers on June 30 548; other deductions, $47,276,109. 1904 was 1,323.28 miles, showing an increase of 137.83 miles as compared with the previous year. The number of roads in the hands of receivers was 28, and at the close of the IMPORTS EXPORTS FOR JULY. previous year 27, six roads having been taken from the The Bureau of Statistics at Washington has issued the hands of receivers and 7 having been placed in charge of the courts. statement of the country's foreign trade for July, and from On June 30 1904 there were in the service of the railways it and from previous statements we have prepared the fol4*1,743 locomotives, the increase being 2,872. As classified, lowing interesting summaries: these locomotives were: Passenger, 11,252; freight, AND 27,029; switching, 7,610. There were also 852 not assigned to any class. FOREIGN TRADE MOVEMENT OF THE UNITED STATES. (In the following tables three ciphers (000s) are in The number of cars of all classes was 1,798,561, having increased 45,172 during the year. The assignment of this rolling stock was, to the passenger service, 39,752 cars; to the freight service, 1,692,194 cars; the remaining 66,615 cars being those employed directly by the railways in their own service. Cars used by the railways that were owned by private companies and firms are not included. The number of persons on the pay-rolls of the railways in the United States as returned for June|30 1904 was 1,296,121, a decrease from 1903 of 16,416. The amount of wages and salaries paid to employees during the year ending June 30 1904 was $817,598,810" The par value of railway capital outstanding on June 30 1904 was 813,213,124,679, or $64,265 per mile. Of this $6,339,899,329 existed as stock, of which $5,050,529,469 was common and $1,289,369,860 preferred, and the remaining part, $6,873,225,350 as funded debt, which consisted of mortgage bonds, $5,746,898,983; miscellaneous obligations, $723,114,986; income bonds, $229,876,687, and equipment trust obligations, $173,334,694. Current liabilities, not included in railway capital, amounted to $881,628,720, or $4,288 per mile. Of the capital stock outstanding, $2,696,472,010. or 42.53 per cent, paid no dividends. The amount of dividend.- declared during the year was $221,941,049. For the year ending June 30 1903 the amount was $196,728,176. 'The funded debt (omitting equipment trust obligation- that paid no interest was $300,894,215, or 4.49 per cent. Of the total amount of railway stock outstanding, $1,942,858,359 were reported as owned by railway corporations, and of the railway bonds, $558,472,242 were so reported. The number of passengers carried in the year ending June 30 1904 was 715,419,682, an increase of 20,528,147. The passenger mileage, or the number of passengers carried l;mile, was 21,923,213,536, having increased 1,007,449,055. 1 all Exports. Imports. $ $ Excess. $ 262,960 83,522 80,698 81,157 71,194 + 117,774 + 26,358 + 9,189 -758,949 579,531 +179,418 22,115 10,290 10,473 4,886 8,925 —17,728 —3,789 4,387 19,470 43,069 1,523 1,083 + 19,433 69,532 56,689 +12,843 + 6,077 —242 + 1,685 + 2,388 + 1,333 13,026 3,833 5,098 6,824 2,216 1,983 2,753 1,381 Exports. Merch'dise. $ Imporls. S Excess. $ Jan.-Mch .367,447 311,858 95,110 92,526 90,447 83,857 + 55,589 + 33,465 + 31,268 + 30,706 + 24,077 380,734 109,880 89,887 93,225 85,223 673,798 + 175,105 + 24,793 April May June July 128,575 123,794 121,153 107,934 Total... 848,903 Gold and Qold Jan.-Mch . 34,015 April 1,304 May. 481 4,031 1,155 Ore. 9,222 2,581 2,657 2,149 4,944 Total... 40,986 21,553 June July i i cases omitted.) 1904- 1905- —1,277 —2,176 + 1,882 and Silver n Ore. Jan.-Mch . 12,592 6,515 • + 12,068 + 14,029 + 9,180 + 32,596 —3,363 •—7,842 Silver April 2,318 5,427 4,744 4,281 May June July 2,560 3,742 2,356 2,948 Total... 29.362 18.121 + Excess of exports. 4,411 4,535 + 6,202 + 1.617 + 3.115 + 1,658 +3.164 +15,746 +11.241 30,903 15.157 Excess of imports. — We subjoin the totals for merchandise, gold and silver for the seven months since Jan. 1 for six years. Merchandise. .Stiver. Gold. .Seven Months. Excess Excess Ex- pom. Im- of Ex- Im- of Ex- Im- ol ports. Exports ports. ports. Exports ports. ports. Exports I % 90S ... 848.903 673.798 1904 ...|7S8.949i579. fi.il 1903 ...789. 4051594 (132 1902 ... 726.1IN7 535.490 1901 ... 831,305 506 523 1900 ...l8l2.48Cj5O3.078 % 175,105 179.41* 194 533 191.497 324. 782 309.108 I S 40.980 69,532 40.4S4 28. Oil 32.300 33.713 * s 21.553 56.089 18.607 14.7^2 20.001 27..sm; 19,433 13,84a 2I.S17 13.379 ra.3«2 5. MM 29. 302 30.903 26.200 32.272 35.2S4 I 18.121 15.157 12.540 14.977 17. '.'17 22.193 % 11.241 I 11.703 14.575 13.091 THE CHRONICLE. 648 Similar totals for the month of July for six years make tendency the following exhibit. Gold. Mtrchandlse. One Month. 1905 1904 1903 1902 Silver. BXI Extrss Ex- Im- 0/ Ex- Im- ol Ex- ports. porti Exports pOTtt ports. Exports ports ... 1(17. <X'.\ ... 85,223 ... 91,813 ... 88,791 1901 ... 109,162 1900 ... 100,453 83,857 71.194 82, INN 79,148 73,082 63,660 24.077 14,029 9,025 9,013 36,370 36,793 . i M Im- 0/ ports. Export! [Vol. lxxii. Germany, and has been for some time past," to scrutinize with a somewhat jaundiced eye every act of the British Government. This attitude has been very noticeable ever since the outbreak of the South African war, and in unfortunate exhibition made at the Sine- the war there has been a growing feeling in this country that the Germans regard us with anything but friendly eyes. While this feeling exists on both especially since the Battle of Colenso. 55 ,083 4,944 8,925 9,118 7,884 2,875 3,273 4,031 1,594 4,070 11,203 1 1 . 1 03,789 07,842 4,487 6,290 01,201 07,990 4,281 4,535 3,015 3,672 2.948 3,838 4,914 2,50'.' 1,381 2,664 2,277 1 .333 3.154 451 .395 1,270 1.570 1 North Sea, it cannot tend to improve the relabetween the two peoples. The visit of the French a Excess of Imports. Channel Squadron to Portsmouth next week is further eviIn these tables of totals, gold and silver in ore for all the dence of the friendly relations happily existing between the years are given under the heads respectively of gold and French Republic and the British Government. Everything silver. possible will be done to make the visit a pleasant one for our The following shows the merchandise balance for each neighbors, and the officers of the squadron are to be enteryear back to 1875. tained at a banquet in Westminster Hall, where no banquet EXCESS OF MERCHANDISE IMPORTS OR EXPORTS. has taken place since the coronation of George IV. 7 months ending July 31 1 month ending July 31— The meetings of the various railway companies, so far as Imports. 825 ,472,478 Imports. $3,677,266 1875 1875 Exports. 59 300,024 1876. Exports. 9,236,241 1876 they have yet been held, bear out very fully the general imExports. 35 480,343 1877 Imports. 2,416,070 1877 Exports. 166 517,286 pression prevailing that our home trade is very much slacker 1878 Exports. 10,662,751 1878 1879 Exports. 124 ,680,960 9,644,349 1879 . Jlxports. The diviExports. 44 ,874,081 than it was a year and especially two years ago. 1880 13,710,587 1880 . Exports. 1881 Exports. 108 ,610,902 Exports. 10,610,936 1881 Imports. 50 ,624,367 dends are, for the most part, lower, and it is regarded as quite Imports. 11,187,337 1882 1882 1883 Exports. 41 ,986,173 a "bull" point upon the Stock Exchange when a company is Imports. 1883 4,096,846 Exports. 10 ,242,803 Imports. 513,032 1884.. 1884 Great extrava1885 Exports. 951,069 able to announce the same rate as last year. Imports. 1885 3,362,624 Imports. 833,824 Imports. 2,855,086 1886 1886 gance, private, which culminated national and in the boom1887 Imports. 287,441 Imports. 1887 7,197,314 Imports. Imports. 14,157,356 1888 ,732,756 ing times of 1900, has led to an inevitable reaction, and we 1888 Imports. Imports. 19,528,719 1889 183,975 1889 .Imports. 1890 Imports. 23,114,472 1890 ,835,835 are now experiencing the lean years after having enjoyed in 3.344 sides of the tions 1891 1892 1893 1894 1895 1896 1897 1898 1899 1900 1901 1902 1903 1904 1905 Imports. .Imports. Exports. Imports. Imports. Exports. Exports. Exports. Exports. Exports. Exports. Exports. Exports. Exports. Exports. 4,373,142 7,368,263 5,927,790 12,687,890 16,484,057 15,609,237 17,429,209 21,540,668 34,824,426 36,793,115 36,370,075 9,642,753 9,625,442 14,029,536 24,077,710 1891 1892 1893 1894 1895 1896 1897 1898 1899 1900 1901 1902 1903. 1904 1905 Imports. Exports. Imports. Exports. Imports. Exports. Exports. Exports. Exports. Exports. Exports. Exports. Exports. Exports. Exports. 17 ,634,713 40 157.149 62 872,231 59 ,182,709 21 ,219,092 90 .565,677 54 391,108 316 ,821,427 239 ,398,180 309 408,206 324 781,593 191 ,496,774 194 532,842 179 418,080 175 ,105,299 somewhat riotous living the fat ones. A period of careful economy should permit us to recuperate, and although railway shareholders suffer from the present economies practiced by the public, the public first and the shareholders in due course will benefit in the long run. As a consequence of our past extravagance, every report of railway companies, without exception complains of the heavy growth in the rates and taxes levied by the various municipalities through which the various systems pass. This complaint is by no means confined to the railway companies. It is echoed by the private citizen more or less in all the towns throughout , But particularly it is so in the metropolis. It a significant fact that may or may not be accounted for by the abnormal growth in rates that at the present time within the country. London, Saturday, August 5 1905. Being so close to the seat of the negotiations, New York should naturally be in receipt of somewhat earlier information than London can expect with regard to the varying phases of the peace negotiations. Although read with great interest, the interviews which took place between M. Witte and the representatives of the American journals cabled here have had but slight influence on the markets. It is argued that M. Witte, being known to be a strong advocate of peace, having been throughout opposed to the war, will do all in his power to bring his Government to a reasonable way of looking at the situation. The fact that he has been sent seems to argue that Russia is at last coming to recognize accomplished facts. On the other hand, the meeting between the German Emperor and the Czar is not liked. And M. Witte's statement received by cable has not altogether made a favorable impression. It is felt that M. Witte having agreed to be interviewed, was not likely, in the slang of the day, to give his full case away. The general impression this week on'the stock markets is that the negotiations may be more prolonged than was is county of London, and 'especially in the and more opulent districts, there are an abnormally large number of houses to let. It is inferred that the motor car and other means of communication have induced the residents to seek suburban fields where they are not subject to the high rates levied in London. Owing to the heavy call on the new Japanese loan and to the money being transferred to the credit of the Government at the Bank of England, rates in Lombard Street have been exceptionally high this week. The Bank reserve amounts to £26,485,585, and its proportion to the liabilities is about 47J^ per cent. A year ago the reserve was just over 23% millions the administrative central proportion to the then liabilities being 48J^ In due course the Japanese money will be released, as it is the laudable practice of our very considerate ally to do nothing to disturb the London money market that it can Some gold has come in from abroad during possibly avoid. the week and a million has arrived from India, although this Just at has been ear-marked for the currency department. thought likely when M. Witte's appointment was first anfeel the full force of the holiday demand in Lompresent we nounced. That the feeling is pretty strong, is evidenced by bard Street. But in a week or two's time this money will the fact that while there has been no genuine selling of secubegin to return, and money should once more be plentiful rities, the "bears" have not hesitated to attack markets. And it is evident that if a hitch occurs in the negotiations a and cheap. The India Council offered for tender on Wednesday 70 lacs vigorous campaign on behalf of the "bears" may be expected, of drafts, and the applications exceeded 438 lacs at prices first upon the war stocks, and, secondly, if the probability of ranging from Is. 4d. to Is. 4 l-16d. per rupee. Applicants peace threatens to be further delayed, no doubt the cam- for bills at Is. 4 l-32d. and for telegraphic transfers at Is. paign will be initiated upon those securities which have re- 4 l-16d. per rupee were allotted about 22 per cent of the amounts applied for. cently had so rapid a rise. The following return shows the position of the Bank of The visit of the British Channel Squadron to the Baltic, England, the Bank rate of discount, the price of consols, &c, after creating much excitement in the German press, is now compared with the last three years: sterling, its per cent. • being explained away by the more or less semi-official organs of the Berlin Foreign Office. Coming immediately after the meeting of the Emperors, it is regarded as an unfavorable symptom by the German public. It has been announced, however, that the visit of the fleet was arranged months ago when nothing was known of the meeting between the Czar and the German Emperor. It is one of the unsatisfactory signs of the present state of Europe that there is a strong 1905 Aug. 1904. 2, £ Circulation... Public deposits Other deposits .. Govern't securities. Other securities Reser., notes&coin. Coin&bu!..both dep Prop, reserve to liap.c. bilities p.c. Bank rate Aug. £ 3. 1903. Aug. 5. 1902. Aug. 6. £ £ 30.072.720 9,790,370 43,357,654 10,752,444 29,185.888 25,201,435 36.884.155 29,278,235 6,027,370 41.735,322 15.703,766 26,804,809 23,282.258 34,110,493 30,691,315 0,286,061 39.937.022 15,338,622 25.902,537 23,109,341 35,024.686 47 7-16 48^ 49 30,516.260 7,119,993 41.234,540 16.982,336 25.723.430 23.836,340 36.578,106 % 1901. Aug. 7. £ 30,633.540 7,^65,912 40,624,820 10.200,876 26,330.112 23,871,573 36,530.113 49 3-16 3 3 3 3 90 5-16 90 13-16 8756 93 5-16 94% Consols, 2H P- c. 25Ud. 27d. 27J4d. 24Md. 26 15-16d. Silver Clear .-house ret. ...276.003.000 197.842,000 176.492,000 175.766,000 163,015.000 I — AlG. 19 The — W . money have been as follows: J ulu July 28. Hank of England rate. Open market rates Hank bills— 3 months months months Trade bills--- 3 months — .. 1 13-18 Jl* 21. 1. 1 IH ib 2 2 3-1 2 3-lli(ii •._«t 4 2-,@ 2 3-16 month* I I 1" , 1 , | . J \ 13-1 days 1 1 1'. 1 1 1'4 Hi 1'. JulU 21. Hank Ojien Kate. Marker. Kale. Mark,/. Interest at Hank o _ 3 3 Amsterdam 2 3 3 3 Brussels •-> Vienna 3 \" 3« St. Petersburg 5 5,^ Madrid. 4 4 4H Copenhagen Mos>r<. & Pixley 21 2-s S8 §| IS 2 3-16 nom. nom 3H 3>4 4 4 1-.- 2U Abell write as follows under date of — GOLD. Paris has again been a good buyer ot bar cold and has taken over £600.000 out of the largo shipment to hand from South Africa. At the close the cheque is firmer again and the price of gold slightly lower. The £ 1,000.000 sovereigns from India have not been paid into Bank, but are held In custody to the order ot the India Council. The further shipment of £500,000 has been postponed. £80,000 has been withdrawn from the Bank of South America. No other bullion movements have taken place at the Bank. Arrivals Bombay. £1,000,000: Australia. £31.000: Capo Town. £727.000: West Africa, £42.000: total, £1.800,000. Ship- — ments—Bombay. £65.500; Calcutta. £15.994: total. £81.494. SILVER. — Movements have again been small and we remain practically un- changed on the week at 27 l 4 d. cash, with forward 'id. lower. Supplies remain and although the East generally Is doing nothing still there have been sufficient special inquiries to absorb them. The Straits Dollar Is now quoted at 2s. 7-16d. The Indian price Is quoted Rs. 09' . Arrivals— New York, £ 15s. 000; Australia. £4,000: total. £102.000. Shipments— Bombay. £81.300; Calcutta, small, . total. £122.300. MEXICAN' DOLLARS. —These coin continue quite nominal. The quotations for bullion are reported as follows: GOLD. Aug. July SILVER. Aug. London Standard. s. Bar 1 1 inclusive , J. Cummins, Assistant ('. Cashier. first National Hank of Leland, Capital, $30,000. Illinois. Stephen Hum, President; Willis C. Farley, Vice-President; A. 11. Karn, Cashier: N. (!. Klove. Assistant Cashier. National Hank of Perrv, Florida. Capital, $25,000. Peacock, President; Ci. R. Battle, Vice-President; W. L. Weaver, Cashier. Conversion of the Hank of Perry. 7,866— The First National Bank of Rolette, North Dakota. Capital, 825,000. Clarence C. Dinclnut, President; A. Egeland, Vice' President .Marion Cowards, Cashier. 7,867— The First Nationul Bank of Corona. California. Capital, 825,000. Ernest H. May, President; William K. Hibbard, Vice-President; Jno. P. Kev, Cashier. 7,868 Tin- First National Bank of Huntington Beach, California. Capital, S25.000. S. Townsend, President; H. S. Hazeltine and Webster, Cashier C. P. Vice-Presidents; J. F. Heartwell, W. ('. Brandon, Assistant Cashier. Conversion of the Bank of Huntington Beach. 7,865— The Firtl s. II. ; — August 3rd: £41.000; ugutt 8 U> A ugusi .1 President; Morton Kilgore, Cashier. The 1 :> 3 issued citizens' National Hank of Sidney. Ohio. Capital, $100,000. H. \v. Thompson, President; w. P. Metcalf, Vice-President; 14. Mark,!. . rtificates Succeeds the Citizens' Hank of Sydney. 7.863— The First Nationul Hunk of Goodland, Indiana. Capital, $25,000. Benjamin W. Pratt, President. Zlba F. Little, Vice- Oven /(<>«a h'nl, IM :; 3 Hamburg Frankfort at the July Open Mark, If ate. '< Win. A. Graham, Cashier; 1', and open market rates July 28. Aug. I. Open Bank The 7,862 have been as follows: chief Continental cities Paris Berlin. i rates of discount Roles of NATIONAL KAN KS ORGANIZED. 3M@aH l The following Information regarding national from the Treasury Department: is i call The Bank ITIONAL hanks lianks disoiHint-hoiusos 7 to 14 . (549 < 5-ia Interest alloieed ,'or deposits— in joint stock banks At . . (Commercial and ZUisccUancoxisJIlcwjs Ik u-li l r. (> Bv .. . I 4 . the chronicle. 1905.1 rati s for , . , . London Standard. 27. d. 3. d. Bar 77 9- s 70 4$J oz 77 9hj 76 4W V. s. gold coin, oa German gold coin. oz.a7G 4!-? -:old. tine, 4> 4 (176 27 a Nominal. H N(w Customs Receipts York. at 1905. New York. Exports. 1904. $ 00,787.010 60,183.435 1905. 1905. 1904. 1904. 45,350,536 39,210,736 43.569.116 41,092,679 36,404,988 39.322.465 35,656.730 $ 15,848,906 14,597,442 15,781,796 12.530.157 12,696,300 13,142,232 14,538.886 $ 14,708.884 14,506,985 14.913.203 13.108,256 12,109,942 13,324.948 12.991.148 Total. 412.306.317 353.934,391 305,668,446 280,614,250 99.135.719 95.663.366 January Fcbru'ry March. . 70.54fi,661 April 58,243,120 55. 206,731 50,092,465 51,186,889 May of cereal produce into during the season to date compared at Imports Month. 27 3-16 26 15-16 The following shows the imports the United Kingdom with previous seasons: Merchandise Movement 27. d. " 2 mo. delivery 27 Bar silver, containing 27 11-16 5crs.gold,oz 27K 4grs.gold,oz 27 9-16 27!^ 3grs.gold,oz 27 5-16 27% Cake silver, oz 29 5-16 29% Mexican Dollars Nom. Nom. a76 4H a76 4i 4 French colli coin, oz.a70 4 "m Japanese yen, oz o76 4 )j silver, fine, oz this department, made up from weekly returns, we give the following figures for the full months, also issued by our New York Custom House. The first statement covers the total imports and exports of merchandise and the Customs receipts for the seven months of the last two seasons. July 3. d. s. FOREIGN TRADE OF NEW YORK.— MONTHLY STATEMENT.— In addition to the other tables given in June July ... $ $ 51.497,193 57.437.869 56.382.380 50.361,125 47,324.244 48,254.991 42,676,639 42,508,066 38,180,015 47,289.626 49,178.410 42,365.553 45,961.292 40,185,484 IMPORTS. Forly-cight weeks— 1904-5. 1903-4. Imp'ts of wheat, cut. 96,333,400 Barley 19,904,600 Oats 15,731,800 Peas 2,076,895 Beans 84,662,736 29,843,726 13,940,894 2,184,670 2,008,468 43,699,967 18,030,343 1,397,620 37,144,750 10,173,320 Indian corn Flour 1901-2. 66,162,s_>7 1902-3. 77,496,443 24,337,468 15,055,561 1,772,480 1,443,887 39,117,336 17,893,847 20,437,123 15,795,614 1,919,607 1,728,638 42,650,935 18,594,566 The imports and exports of gold and months have been as follows: 1904-5. Wheat imp'ted. cwt_. 96,333,400 Imports of flour Sales of home-?rown. 10,173,320 13,626,017 1903-4. 1902-3, 1901-2. 84,662,736 18,030,343 16,813,436 77,496,443 17,893,847 22,715,851 66,162,827 18,594,566 22,512,011 Total ...120,132,737 119,506,515 118,106,141 107,269,404 price wheat, week. 32s. 3d. 28s. Od. 28s. lid. 31s. 8d. Av. price, season 27s. 2d. 30s. 8d. 28s. Id. 26s. 2d. Last week f2.760.000 1 75,000 1,045.000 wee!;. 9wn irsl (l nn Flour, equal to... qrs.J z, °'£ "' uu " Maize _qrs. 1.140,000 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: Wak London. inding Aug.\%. peroz Consols, new. 2H Sat. <\. 27'A per cents.. 90 For account SOU French Rentes On Paris).. fr. 99.72% Anaconda Mining Co 6 Ateh. Top. & Santa Fe 91% Preferred Baltimore A 106% 119^ 102% Ohio... Preferred Canadian Pacific .163 Chesapeake <k Ohio 58 Chicago rircat Western 22 Chicago Milwaukee* St. P. .189% Denver * Rio Grande 33H 89% Preferred 'ommon 491^ 87 77 preferred Second preferred.. Illinois Central Louisville A Nashville Mexican Central Mo Kan. A Tex., 184% 154% 23% com 31 Preferred Nat. Kit.., f Mexico 39% N. V. Central A Hudson Rlvl58 Out. 4 Western 56 NorfoikA.-Western.com Preferred Northern Securities ° Pennsylvania a Readme Co.. com a \ irst preferred a Second preferred £ or k I. , 1 Preferred don.Pacific, r, com '." .8 Steel Corp.. Preferred eon .. Debe nture "Hi" q Price per share. 6 27*4 90 7-16 90^ 90% 90 9-16 . Thurs. July ... 3,138.865 3.567.990 3.059,023 1,480,767 2.416,719 3.770.032 2.781,016 Total. 6,909,988 6,750,410 38.211,160 66,695,257 3,026.374 20.214,412 March.. April... May June ... «0U 90W 90 9-16 99.72% 99.77% 99.62% 6 6 92% 106% 92% 106^ 106% 107 119 120 103 117 100 164'^ 117M 102% 166% 164% 6 93% 100 164% 164% 58% 22% 58 22% 59 23 189% 190 86 92 49s' 189% 191 90 49^ 77% 35% 30% 91% 92 50 !»-". 85% 86 77 TT 4934 77 BOH 184!4 IM 182% 184 154% 154% 154 155% 23% 32% 69% 40% 57 88% $8% J I', 24U 34% 35' 72 74 41 40% Name 57% 88% 57% 74t. 74 1 50% 7I\ 56% 49 49 49 , 33% 68% 36% 41 57% 89% 55% 48% 34% 78 57% 56% 49 48 49 80% 70« 36H Hi.' 102% 102% 102',, 137% 138 13BH 1 101 101 101% loi'. i"i :i7>, 37M )0<i>, 109 107M 2<)>A 41 43 73^ 43% 74^ 7-, Ex-dlvklend. , Preferred Holders of rec. Aug. 21 Holders of rec. Sept. 20 Oct. 4 Oct. 4 to to — to Sept. 1 to 1 Aug. 22 15 Holders ot rec Sept. 1 Sept 30d to 30 Sopt. 22 i;> Aug. 6d to Aug. 15 Sept. 4 to 1 Aug. 26 Sept. 4 to 1 Aug. 26 22 Holders of rec Aug. 19 III Scut. Sept. 10 to Sept. 10 in Sept. to Sept. 15 Sept. to 2 Sept. 15 to 2 Sept Sept. 7 to 15 Sept. Sept. 7 to Ifi Sept. Sept. 7 to S Sept. _ 20 Sept. 23 to Aug. Sept. 15 to IS Aug. 26 Sept. 20 to 20 Sept. 9 18 ].". Holders of rec s Sept to Aug. 22 . . (quar.) .. . 1 I . . 1 d Correction. — Auction Sales. Among other securities the following not regularly dealt in at the Board were recently sold at auction: By Messrs. Adrian II Muller & Son: 1 50 M . 35 "' s I. Aug. 19 Sept. Sept. Sept. Sept Sept. Oct. Oct. Sept. Sepl. Sept. Sept. Sept. Sept Sept. Sept. Common- (extra) Kings County Elec. L. A P. (quar.) National Lead. pref. (quar.) fN'o. 55) Railway Steel Spring, pref. (quar.) Standard Oil (quar.) 'tilled states Envelope, pref 60 1 37% 7.-, 1 1 1 Aug. Preferred (quar.) Federal Mining & Smelt., com. (quar.).. is SO 10 211, ."I 41 73 9 Sept. Sept. Sept. Graph'ph'c. com. (mthly.) (No. 31) American Radiator, com. (quar.) Preferred (quar.) Amcr. Smelt. Securities, pref. A. (quar.) Preferred. Scries B (No. 1) Calumet it Hccla Mining Childs Co.. com. (quar.) Preferred (quar.) F.astman Kodak, com. (quar.) fl I- 10 Aug. Sept. Sept. OcJ. rec. Miscellaneous. American Coal Am. 4(1 [02 37', 160% Aug. 18 Oot. Oct.- & 195 136% .37% , Inclusive. 1 Holders of 2 2 Sept. 2 2 Sept. Sept. . com £ Books Closed. Days . 97 192 , When Payable. Street Railways. California «t San Fran, (mthly) Rochester (N. Y.) Ry. Lt.. pref. (qu.) Rochester (N. Y.) Ry., com. (quar.) Preferred (quar.) 1 41 160% 191 74', Pacific, Per Cent. Preferred 25 34 34% 159W 97 155% 25 7 1 Company. Railroads (Steam.) Susq.. pref. (quar.) (No. 13) & Canadian 0/ 1 159% 98 192 59% 23 192 36 K7!- 4 77H 117 100 58 22 33% 107% S DIVIDENDS. Fri. 27% 90 7-16 6 92?; 6 98 ...109 20 ^?£»«h Wed. 27% 88% 33% 67% 36% ' . Tues. 27 9-16 90 3-16 90 5-16 98 1- Southern Rr-. com. Man. $ 325,706 226.314 655.043 588,386 508,220 238,130 484.575 1,815,000 205,000 1,270,000 3,025,000 170,000 945,000 1905. 1904. 812,454 636.285 2,863,058 19,278,579 41,678,667 890,662 535,552 1902-3. 1903-4. Exports. 1905. $ 15,068,907 14,647.636 2,292,099 1.136,912 115.739 3.908,573 1.041,294 Buffalo Silver. 1905. —New York. Imports. $ 4.019,112 174,926 257,674 218,934 1.152,086 712.309 155.369 Fcbru'ry The following shows the quantities of wheat, flour and maize afloat to the United Kingdom: This Silver seven 314.196 610,959 3,333,176 1.151,484 267.609 763,140 469.424 January A v. _ Wheat York. Exports. 1904. 1905. $ 1): New at Imports. Supplies available for consumption (exclusive of stock on September Movement Gold Month. silver for the 45 75 Right V N. Stocks. v. Boc. • Library free from annual pajr'ts. .$110 Y. Life Ins. <V Tr. Co .1,036 Wareh. A 8tor, Co 100 l»orthw.Corn.Co.ofSeattle86k Internat. Banking Corp... 160 n J a 71 u1 Riv. Fei Co farmers' Loan A: Tr. Co 1,451 CltUi na' Central Nat. Rk I82H silk City Saf.- Dep. <v Tr. da 16,000 Denver G i Co. int. Hol , SS.oon \ c. MAN I'll'r i int. Bklyii 1 Co. of Paterson, N. J.. Co. New Amsterdam (to, Powei .nun .1 ; . ' 102 D A Union G 12,000 North int. 106 $1.(100 Bklyn ' I 175 liomls. 19.000 .si Cas. 1048; J<t.J..112^ k i"t .1 i 126,000 int. 1 l SyndlcaV S I ittoa Iniik (is THE CHRONICLE. <>50 New York City Clearing House condition for the week ending Aug. age of daily of on aver- 12, 1905, based results. We omit two ciphers (00) BANKS. Banks.— Statement Surpltu Capital. Loans. New York City, Boston and Philadelphia Banks.— Below' of the weekly returns of the Clearing House Banks of New York City, Boston and Philadelphia. The New York figures do not include results for non-member banks. is Lega We omit luo ciphers (OO) in t ! 00a omitted. Bk. of N. Y Manhat. Co Merchants' Mechanics' America City Chemical .. Merch. lis . Gallatin Bul,& Drov Mech.&Trn. Greenwich Amer.Exch Commerce.. Mercantile Chatham . . People's ... N. America Hanover ... Irvins Citizens' .. Nassau Mar.& Fult. Shoe&Lthr Corn Ex eh . Oriental ... Imp. & Trad Park East River Fourth Second Pirst N.Y.Nt.Ex. Bowery . . N. Y. Co ... German Am Chase Filth Ave.. German Ex. Germania .. Lincoln Garfield Filth Bk. of Met.. West Side.. Seaboard .. IstN.Eklyn Liberty N. Y.Pr.Ex New Am st. Astor Total ... 2,000,0 2,050,0 2,000,0 3.000,0 1,500,0 1,000,0 25,000,0 300,0 600,0 1,000,0 300,0 700,0 600,0 5,000,0 25,000,0 3,000,0 422,7 450,0 200,0 2,000,0 3,000,0 1,000,0 2,550,0 500,0 1,000,0 1,000,0 2,000,0 75U.0 1,500,0 3,000,0 250,0 $ 2,604,3 2,559,8 1.435,6 8,468,4 3,847,5 0,014.0 218.8 17,480,7 196,992,6 7,6*8,7 26.244,1 5,990,7 365,8 9,0(19, 2,231,4 2, 'J 9 7.'-' 119,9 5,062,0 372,9 4,000,6 654,8 4,260.9 27,652,9 12,113,0 103,.r>:.9.'. 4,371,9 22,297.1 3,494,0 630,4 6.265,9 1,045,5 -1 4 29,7 2.2(19.2 2,021,8 6,961,5 1,088,5 634,4 315,2 1,385,8 429,1 3,361,6 1,114,7 6,718,9 7,324,7 15,011,1 62,010,0 7,084,0 16,267,0 3,095,6 0.S74.5 6,932,0 32,342,0 9,054.2 24,170,0 109,(1 1,221.'- 3,0oii,o 3,01 5,9 20,710,7 300,0 10,000,0 1,000,0 250,0 200,0 750,0 1,000,0 100,0 200,0 200,0 300,0 1,000,0 250,0 1,000,0 200,0 500,0 300,0 1,000,0 1,000,0 500,0 •350.0 1,519,4 10,214,(1 74,665,0 15,914,:: 106,S45,8 8,851,2 3,276,0 5,000,0 4,344,2 18,112.7 10,019.4 2,977.9 2,517,6 12,894,7 7,278,2 2,588,6 8,470,0 4,018,0 14,781,0 4,363,0 11,380,5 5,480,0 5,997,0 4,640,0 883,1 771,0 729,6 546,4 4,399,6 1,769,5 728,5 876,8 1,42*, 6 1,287,7 418,6 1,481,1 659,6 1.471,9 625,3 2,038,0 484,6 580,9 594,6 D.C. 18,843.0 26-1 31.406,0 31-0 1,665,0 2,242.0 1,607,8 1,782,0 2,481,6 278,0 3,262,0 7,494,0 3,454,9 4,358,0 4,796,7 1,159,0 44,428,9 18.218,6 23.079.0 28,595,8 277 200 5. '.'59.0 .'73 4, 43:). 2 1.7.S1.1 1,179,9 1,320,3 585,1 606,3 564,0 70,0 601,0 510,0 1,710,2 12,626,5 754,0 601,3 3,466,6 25,084,6 3,430,6 251,6 675,2 85,5 1.742,7 - •> 1 27-6 23.96 1.6 25-8 6.739,4 26-5 7,320,4 25-7 2,661, 21 5 5,643.0 24-0 4.291,5 265 20,495,1 25-2 150,877,4 24 9 18,780,4 2.V1 3,750,3 19 6,419,9 2b'0 2,658,8 25'; 13,870,6 26-2 61,715.4 25 4 6.577,0 239 20,352,9 25-3 3,562,5 21-6 7,333,8 290 9,192,8 24-9 39,834,0 24'8 9, 1 62,3 21-1 21,462,0 24'8 89,463.0 28-1 1,382,7 24-2 10.836,.-! 199. 642, 1,409,9 458,8 999,3 593.7 1,899,9 5,618,8 375,1 2,138.7 469,8 623,4 379,7 4,586,0 477,0 1,284,0 6,526,0 192,8 2,530,1 24.220,'- ib-i> 1,822,0 10,590,0 230 2,516.1 101,992,0 2o-6 472,2 8,491,0 25-3 230,0 3,620,0 190 484,0 5.755.2 25-2 4,278.5 23'9 191,2 1,914,3 56,815,2 2o-2 383,2 11,328,5 25-8 875,0 3,739,6 29 796,3 5,441,9 ±AA 2,897,9 14,117,3 26-2 219,8 7,040,8 230 129.7 2,666,.< 243 545,9 9,680,2 2 lb 357,0 4,327.0 25-4 1.596,0 17,077,0 24-3 5,081,0 33-8 1,064,0 250,0 10,075.9 2/4 444,0 6,268,8 24-6 739,0 6,994,3 22-0 233,0 4,603.0 2b'l 10,091,-' 1,201,8 3,024.1 298,9 1,505,0 1,914.4 5,285,0 1,459,0 4,057,0 18,654.0 142,6 3,889,2 615.0 23.586,5 1,6^5,0 460,0 969,7 831,4 12,450,4 2,548,1 - 211,2 472,0 671,5 ],4()0,7 519.V 1,532,5 745.0 2,556,0 654,0 2,518,2 1,101,4 800,4 970,0 115,972,7 139,492.8 11398914 221,391,0 88,120,6 11866592 27-1 Total United States deposits included, .>8,463,600. Reports of Non-Member Banks.—The following is the statement of condition of the non-member banks for the week ending Aug. 12, 1905, based on average of daily results. We omit two Capi- Sur- 00s omitted tal. plus. Leg. T. rf Invest- Specie. Man&Br'nx Colonial Columbia .. Consol. Nat. Fidelity .... 14th Street. Hamilton .. Jefferson .. Mt. M orris Mutual 19th .... Ward Biverside State . .. 12th War l . 23d Ward.. Union Exoh United Nat. Yorkville .. Coal&I.Nat Metrop'lit'n 34th Street. 745,5 943,1 637,7 3,006,8 6,257,0 4,055,0 774.8 4,450,? 4,050,0 2,999,6 2,523,3 3,495,1 2,334,3 3,630,0 1,490,2 9,459,0 2,082,0 1,582,6 6,556,7 2,187,2 2,645,9 2,572,4 3,127.3 1,168,4 $ $ 16.4 27,4 33,2 63,0 21,9 32,4 27,0 292,5 274.0 456,0 16,2 148,3 187,3 216.0 8,3 144,9 31,3 28,7 120,0 17,3 564.0 35,0 49,7 89,6 231,6 32,5 539,9 167,8 238,5 52,0 40,5 231,6 243,4 142,9 96.0 241,5 206,2 145,0 108,9 282,0 208,0 159,7 259,7 70,8 265,9 289.4 40,6 50,2 ..'83,3 liOH. J'ly29 42.139,5 193,034,0 42,167,5 192.309,0 42,167,5 192,353,0 Aug 5 Augl2 Phlla. J'ly29 18,453,0 16.913,0 16,588,0 47,960,0 220,895,0 48,835,0 2:1,1 9.11 48,880,0 220,865,0 7,058,< 223.052,0 6,895.( 223,645,9 6,659,0 222,088,0 131, 430,4' 7,707,0 7,753,0 7,793,0 144,969,0 131,147,7 67,597,0 66,990,0 67,129,0 263.566.0 12,775,0 121.011,9 262,307,0 12,848,0 132.609,5 2Sl,0-<2.0 12,828.0 110,355,3 t Including for Boston and Philadelphia the item "due toother banks," and also Government deposits. For Boston these Government deposit* amounted on August 5 to $1,415,000 on July 29 to $1,431 000. Aug Augl 5 2 ; Imports and Exports for the Week.— The following are the imports at New York for the week ending for dry goods Aug. 10 and for the week ending for general merchandise Aug. 11; also totals since beginning first week January. FOREIGN IMPORTS. tor week. 1905. Dry Goods General Merchandise Total Since Jan. 1904. 1903. 1902. $2,836,821 7.949.748 $2,364,039 8,099.574 $2,538,900 7,737,496 $2,077,192 7.058,808 $10,786,569 $10,463,613 $10,276,396 $9,736,300 $86,063,744 343,419,098 $74,047,371 288.858,897 $83,444,127 286,714.408 $76,502,818 264,596.815 1. Dry Goods General Merchandise Total 32 weeks $429,482,842 $362,906,268 $370,158,535 $341,099,633 The imports 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. 14, and from January 1 to date. in EXPORTS FROM NEW YORK FOR THE WEEK. For the week Previously reported.. Total 32 weeks 1905. 1904. 1903. 1902. $11,084,268 313.569.356 $8,379,708 287,708.091 $8,478,791 301,636.163 $8,236,016 287,424,260 ' $324,653,624 $296,087,799 «31 0.114.954 $295,660,278 the figures of exports as reported by the New York Custom House from 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." Note.—As The following table shows the exports and imports of specie at the port of New York for the week ending Aug. r2 and since Jan. 1, 1905, and for the corresponding periods in 1904 and 1903. EXPORTS AND IMPORTS OF SPECIE AT Week. NEW YORK Imports. .Since Jan. 1. Week. - Since Jan. 1. Net Clear'n Other Deposits Auent Xks.&c Great Britain $ 89,3 65,5 34,4 390,3 470,0 266,0 62,4 270,3 194,8 287,9 289.0 83,0 459,6 470,0 $ . .. 46,4 39,4 449,7 3,7 26,0 5,6 310,0 99,8 56,4 56,7 21,9 $330,922 4,266,136 $1,500 25,236,526 France 5 West Indies Mexioo South America $ $ 146,5 100.0 63,6 100,0 100,0 67.6 291,9 100,0 367,4 300,0 1,000,0 1,055,1 126,0 200,0 60,8 600,0 139,7 200,0 366,8 400,0 125,7 250,0 244.1 200,0 203,8 200.0 265,6 100,0 107,2 100.0 880,9 100,0 133,6 200,0 116,8 100,0 577,1 750,0 163,0 1,000,0 302,3 100.0 212,7 800,0 266,0 1,000,0 205,0 200,0 9 18,913,2 J'iy29 255,165,.-, 11448474 224,830,7 90,411,6 11997449 18,801,6 1,402.1 _'5,7 Aug 5 266.465,8 11461037 222,104,3 89,340,8 11971263 49,490,3 1.585,648,5 Aug] 2 255,465,5 L1898914 221,391,0 88,120,6 11866592 50,467,5 1,365,940,7 Deposit with Boroughs of Wash. Hgts Century ... Chelsea Ex. Clearings. latton. r Ply 22 255.465,6 11263607 220,190,6 89,109,0 11773982 Gold. N. Y. CITY. .« posits, KXPOKIS. iBank Notes. De- Legal* Specie. ciphers (00) in all cases. Loans BANKS. Loans. 1 t t d V. 1N. •f apttat Surplus all these figures. >'. $ 9 $ ( HA.VK.- Deposi h Hefi $ 19.429,0 25,132.0 14,087.0 21,857,0 26,715,7 summary a in all cases. Specie. [YOL. LXX1I. $ 613.9 876,6 666,7 3,926,0 6,401,0 2,439,9 743,7 4,897,0 4,649,6 3,006,7 3,224,8 3,458,5 2,821,4 4,014,0 8vs,3 102,5 1,640,0 98,0 1,104,0 10,815,0 183,0 85,0 2,584,0 150,4 213.6 2,072.5 899,9 33,3 6,632,1 87,7 1,234,7 154,5 201,7 3.054,2 781,9 86,8 3,700,0 149,1 663,7 2,885,0 101,8 11.8 1.179,1 $5,000 2,000 Total 1905 Total 1904 Total 1903 Silver. 3.001' 2,489 10.640 5,978 $7,000 $37,700,987 3,008,377 67,487.793 1,200 32,809,601 $19,371 8,550 10,842 $6,391,210 6,429,764 3,694,717 $1,264 18,540 $12,568 20 58,116 901,447 9,657 1,268 1,223.305 21.087 $571,038 $19,720,906 746,245 26,312,779 614.676 20,258,558 1121.072 3,324 $570,199 $18,356,864 538.335 West Indies.. Mexico 12,892 111,659 839 4,001- South America..... Total 1905 Total 1904 Total 1903 687,499 28,056 $2,216,541 607,578 1,051,018 Of the above imports for the week in 1905, $4,373 were American gold coin and $706 American silver coin. Of the 9xports during the same time, $7,000 were American gold coin and were American silver coin. - Auction Sales. Borough ol $261 531,831 194,517 945,182 122.317 5,129,621 75,300 7,250,000 —See page preceding. Brooklyn. Borough ... Broadway . Brooklyn .. Mfrs.'Nat.. Mechanics' Merchants'. Nassau Nat Nat. City .. North Side. 17th Ward . Wallabout . Jersey City First Nat... Hudson 200,0 150,0 300,0 262,0 500,0 100,0 300,0 300,0 100,0 100,0 loo.o 300,0 100,0 106.2 1,914,9 362,2 2,678,1 169,5 1,674,7 607,8 3,669,6 636,9 10,042,2 806,2 598,4 183,8 199,8 98,4 184,2 102,6 1,854,3 5,097,0 3,389,0 1,356.8 1,778,8 720,9 3,229,0 925,7 400,0 1,118,7 4,483,9 77,5 32.8 16,9 115.3 113,3 188,1 57,6 118,3 169,0 344,8 392,9 717,7 105,0 55,0 744,4 1 ,269,2 120,0 146,6 620,0 1,180,0 308.0 424.0 89,0 46,5 122,6 280,3 56,6 67,8 210,0 287,0 38,0 28,5 120,9 2,140.8 122,5 2.897.7 49.0 1.996,6 325,9 4,659,8 257,4 12,147.7 76.3 2,097.4 5.707,0 243,0 3,954,0 310,4 1.628,6 130.0 2,109,0 155,4 852,7 633,0 4,086,0 140,0 1,013,1 160,5 299,1 1,329.9 713,0 5,390,5 310,3 2,377,0 9,3 896,6 25,0 1,870,2 383.1 70,0 2,774.8 1,388.8 304,4 317,1 12.8 233,0 151,0 26,6 75,6 10.8 Co. National . Second Nat. Third Nat.. 250,0 250,0 200,0 663.4 122,4 3ol,4 2.228.0 954,6 1,463,3 82,3 63,8 48,0 71,7 18,3 69,4 4«3.4 118,6 484,0 110,0 125.0 546,3 169,2 2,638.8 1,393.2 157,2 18.3 68,9 192.4 60,8 Second Nat. 43,2 Tot. Augl2 117370 134490 1241573 5,632,2 0.945.7 141445 7.690.9 1376247 Tot. Aug 5 116370 134490 1239998 5,766.9 6.534.9 146857 8.515,7 1387967 Tot. J 'ly 29 116370 134490 1231898 5,655,9 7,225,3 147536 9.008,6 1392051 Co., Investment Bankers. We transact a general banking business sell and purchase investsecurities issue circulars describing short-term and long-term high-grade bonds; execute commission orders upon the New York Stock Exchange and in the financial markets ol the leading cities. We also have special representatives in all of the principal cities. ; ment ; Branch Office, Albany, N.Y. William and Pine Sts„ New York. Moffat Hoboken. First Nat... & Spencer Trask 6 & White, Members New Vork Stock Exchange, HANOVER BANK BUILDING, NASSAU STREET, jDealers in Investment Securities. COMMISSION ORDERS EXECUTED FOR CASH ONLY - Aug. 19 1. 65 I Chicago, 30c. per $1,000 dis.; St. Louis, 30c per $1,000 dis.; San Francisco, 30c. per $1,000 prem. Sales of State bonds at (ho State and Railroad Bonds. Board include $100,000 Virginia 6s def, tr. ree, at 15 to 15 f The bond market has been more active on a better investment demand and the larger volume of business has Japanese isbeen well distributed throughout the list. sues have been in better favor, the transactions in them having been on a large scale. Union Pacific convertible 4s accompanied the shares in an upward movement, showing a gain of over 2 points. United States Bonds. No sales of Government bonds have been reported at the Board this week. The following arc the daily closing quotations; for yearly range see third paqe following. dis.; — see page 649. foT Dividend) 4 THE CHRONICLE. 1905.] ^Bankers' ©alette. m 2 . :i WALL STRUET, FRIDAY, AUO. 18 1905.— 5 P. M. The Money Market and Financial Situation. — Increasing activity and a buoyant tone were the notable characteristics of the security markets this week up to the close of To-day there was a general reacbusiness on Thursday. during the early hours, claimed to be due to profitt ion taking sales more than to any change in conditions affectIt is evident, however, that in many cases ing values. security prices are abnormally high, having discounted all the favorable developments of which there is any likclih od, and such a reaction as occurred is quite sure to follow liberal offerings from auy couse. The characteristics noted imply that the crop situation as outlined in these columns from week to week for some time Cast is more effective in Wall Street and that there has en ground for hope that the peace conference will end in a satisfactory agreement. Weather reports from the wheat and corn belt continue to be highly favorable, indicating that we shall have a large surplus of both cereals for exports and the Government report of international trade for the month of July, just given out, suggests that the export movement of agricultural products, in anticipation of abundant harvests, has It is as yet of course too early to form a already begun. reliable estimate of the cotton crop, but the prospects in the more northern agricultural districts are such as to have established a good deal of confidence in railway and financial The large orders recently placed for steel rails and circles. other equipment show that the railroads are preparing for heavy traffic and a prosperous year. The money market is somewhat sensitive, but rates for i actual business have generally ruled low during the week. The open market rates for call loans on the Stock Exchange during the week on stock and bond collaterals have ranged from 134 to 234 p. c. To-day's rates on call were 2 Prime commercial paper quoted at4@434 p. c. p. c. endorsements and 434@434 p. c. for best single names. The Bank of England weekly statement on Thursday showed an increase in bullion of £281,974 and the percentI for age of reserve to liabilities was 45' 84, against 46' 72 last week, the discount rate remaining unchanged at 234 per The Bank of France shows an increase of 5,325,000 cent. francs in gold. VF.W YORK CITT CLEARING-HOUSE BANKS. i L< ins <fc >>\ : 139,492,800 discounts 1.13P.8P 1.400 Dec 50.467.X0O Inc 6,272,300 977,200 •1.186.659.SX Dec 10,467,100 2zl.3!'1.0iiU Dec 713,300 88,120,600 Dec 1 ,220,200 Specie . t callers... 309,511.600 Deo 296,664,800 Dec Be-serve held 25 p. c. ol deposits 1903 Aug 13 previous week 115,1172.700 ition iteposits '. 1904 from 1; $ Cn UtOl Surplus Differences m> i Aug Aug 15 $ 115,972,700 134,323,400 1,096.491,400 38,293,500 1,207,182,500 276,854,900 82.659,700 8 110,422,700 129,661,200 908,345,600 43.930.300 903,335.300 170,630,900 76,766,500 359.514.600 301.783,125 247,397.400 1,933,500 2,616.775 226,»-33,825 12,846,800 Inc 683,275 57,731,475 Snrpl as reserve 21,563,575 f8,4>;3,600 United States deposits included, against $8,466,700 last week and $23,374,200 the corresponding week of 1904. With these United St'ttes deposits eliminated, the surplus reserve would be $14,962,700 on August 12 and $14,280,200 on August 5. .N'ote.— Returns ot separate banks appear on the preceding page. • — The market was irregular, though generally firm, early in the week, becoming stronger after Wednesday, owing to a good demand and a scarcity of bills, and closing steady. 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 rates for sterling exchange were 4 S475& 4 8485 for long, 4 «665<&4 8675 for short and 4 87(5.4 8710 for cables. Commercial on banks, 4 8450@4 8460, and documents for payment, 4 83%@4 8490. Cotton for payment, 4 83%@4 83%; cotton for acceptance, 4 8450(a. 4 S460, and grain for payment, 4 *480@4 §490. To-day's (Friday's) actual rates for Pans bankers' francs were 5 isy6 a(d)5 1834 for long and 5 16%a®5 16%d for short. Germany bankers' marks were 94%@94 13-16d for long and Foreign Exchange. 95^@95 3-16'i for short. Amsterdam bankers' guilders for short. were 40 5-16«@40 5-16 Exchange at Paris on London to-day, 25 f. 1734c; week's range, 25 f. 19c. high and 25 f. 1734c low. The week's range for exchange rates were: — -Long. Snort. 'lino Actual 4 84*5 4 8495 44 8475 (5 '.'ins Banners Francs. High Low & 5 ls^a 5 18*2 Lot LOW 18K 6 ''"» 5 18)^1 U4M 6»»4 94 11 -10 0<, Amsterdam bankers' & & .... Less: a 1-16 ol z 1-32 of 1 i Cn 'rTrnany bankers' Marks. Htni Lo* | — 5 | >\\ Q 5 or 8705 8695 .- 4 8711 i 87< 5 l8Kd o 1'itf 95K 40Vi on -, 40 5-16 40 5-16 A 3-32 of 1%. Plus : * 1-10 0l i The following were the New York 4 4 «.-, 1-32 of 17.. -'/.'. 4 3 lGJ-i'i l'Ju <l 8680 4 8675 — .95 ! u-i © @ 95','j 1.5-10di rjutlders. S675 8065 5 16«'" I — 4 4 -Cables rate- for domestic exchange on at the under-mentioned cities to-day: Savannah, buying 50c. per $1,000 discount; selling 76c. per Si ,000 premium: Charleston, 12 J4c per $1,000 premium; N> leans bank, 40c. per $1,000 dis.; commercial, 80c. per 51 ,000 — Aug Aug 14 75 -Tan '104 -Jan "104 *104 *104 •104 *104 •104 >e *104 -Feb *io:i"' 4 Jnti rest A itg Period* 1030. 1030. 2s, -s, registered Q - coupon Q "s. L9 io, small.registerecl 2s, 1930, small coupon . . . . . .. registeredlQ 1918. 1918. oouponlQ3s, 1818. small.reglstered u. ciiii pon Q 3s, 1918, small Is, 1007. registered y 4 s, 1907. oonpon Q Is, 1925. registeredlQ - - .'is, Sa. - - Is, 10-.T). This * -Ki-b Peli -Kill Aug 1? > H'4'h '104 *104*a 104 3g •ioaij wX\ •103^ *le3'.| »io:5^ *103> ' »103 »i©5" *iti:i" 103" >104 •ibs "104 •104 •ibs" •104 *104 04 •104 •132 Hi * 1 32 Hi 104 104 Hi 132 Hi -Jan •101 -Jim *104 *1(>4 103 • 1 03 1 -Fob 132 Hi »l"82»s * 132 h * 1323.1 coupon Q -Feb •132 Hi * 1 82 Hi •132 Hi •13-J3, the price bid at the morning hoard; no sate was made. - is Aug ' 4 Hi •lV3\t 132 Hi — Railroad and Miscellaneous Stocks. The stock market has broadened considerably during the week and the volume of business has largely increased, the transactions on Thursday amounting to nearly 1,200,000 shares. The movement of prices has been decidedly irregular, although in most cases The exceptional features, both higher it has been upward. and lower, are issues that have recently been prominent. Lackawanna lost 20 points of the advance noted last week, Central of New Jersey 4 points, Illinois Central and Atlantic Coast Line nearly 3 points. On the other hand, Great Northern made a further gain of 20 points to 326. Missouri Pacific nearly 6 to 107 34, Reading nearly 5 to 11334- and Union Pacific and Northern Pacific Michigan Central over 4 to 1373^ and 215, respectively. sold at 154, an advance of 14 points within the week, and the highest price recorded since, 1902, while such representative stocks as Pennsylvania, New York Central and Atchison are less than a point higher than last week, and St. Paul, Canadian Pacific and Louis. & Nash, fractionally lower. The industrials have generally moved within a narrow range. Pullman is an exceptional feature, selling at 258 as against 240 last week, and American Tobacco preferred advanced 534 points during the same period. All the iron and steel issues and copper stocks have been active and strong on trade conditions and Central Leather has recovered somewhat from the depression noted in our last. For daily volume of business see page 659. The following sales have occurred this week of shares not represented in our detailed list on the pages which follow. stocks Week Ending Aug 18 Sales }or Range for week Range since Jan. 1 Week -vmer District Teleg... 200 81 Augl6 31HiAngl7 a nier Woolen rights.. 8,770 16o Augl2 82o Anglf> Olere Lor A Wheel, pref 6 106 Hi Aug IS 105 Hi Auk s Det 8outt> Tr reoelpts... 400 9HiAugl4 10 Angle. Pref trust reoelpts.... 300 41 Angle 41 Auglt Ft * Denv C, etmpd.. B00 73HiAuglB IS Angle Haras a Kleo Ry 2,350 24 Aug 25HlAugl4 Preferred 1.W60 72 A tig 12 74 Aug Keokuk <fa Des Mo 1,200 16 Hi Aug) 6 17H»Augl6 W 1 1 BB Seourltles 111 Cent'i stock trust certificates 1,250 Rutland U 8 Leather 100 520 99 Aug 12 lOOHiAugie 64 Aug 17 04 Augl7 13HiAugl7 13HiAuglfj —The 29 Marl 88 Jan 12HiOAng 820 Aug 105 Jan 110 Feb 8 J'ne HHiJ'ly 89 J'ly 43 J'ne 44 Jan 75 Aug 15 Apr 23H>Aug 60 J'ne 74 Aug 14 Apr 17 Hi Aug Jan 100 Hi Aug 72 H, Jan 92 60 J'ly 11 Apr ' I HVJan market has been inweek by the buoyancy on the Stock Exchange. From a condition of moderate activity business steadily increased until Thursday, when, with a general upward movement, transactions were larger than for several days past. A feature of the week was the rise of Outside Market. fluenced more or less outside this Northern Securities to 190J^ the highest price on record, the stock having gained steadily from 182% on Monday, with transactions for the week of about 11,000 shares it closes to-day at 1S9. The "Stubs" moved between 237*4 and 28734, ending to-day at 275. The copper stocks, on the extremely favorable reports regarding the copper trade, were actively dealt in, British Columbia showing large sales at an advance from 7>8 to ^34United Copper common made the greatest gain with a rise of points to 3734 easing off to 35 and ending the week at 363^. Greene Consolidated Copper sold ex div. at 2434, tnen r o se to 2534 anti ran off to-day to 2434. Chicago Subway has fluctuated widely on news from Chicago of an alleged ovcr-capitalization and faulty construction of tunnels; it advanced 10^73^, sank to 82J4 and subsequently recovered to 8534- Interborough Rapid Transit advanced to 219%, weakening to 214, at which it closed. Bethlehem Steel common advanced from 33 to 34%, with final sale to-day at 34%; the preferred lost a point to 90 later, advancing to 9134. Standard oil gained two points to 624, dropped to 621 and sold International to-day at 615@618% ex dlV. of 6 per cent. Nickel Common advanced from 17 to 20K; the preferred also gaining 33-, points to 59J^. Otis Elevator common rose from r,<) to (i? .;. with last sale at 66. Outside quotation: will be found on page , 5% 1 , New lork Exchange— Stock Stock Record, Daily, OCCUPYING TWO STOCKS— HIGH EST AND LOW AST SALh tUJCES Saturn ay Aug 12 Monday Aug 14 Tuesday 89 4 89% 1084 1034 894 89% Aug Wednesday Aug 15 ltt STOCKS NEW YORK Friday Thursday Aug 1? It.-ith n:i 00", 90', 103 4 104 103 '< 104 168 168 4 167 4 161' 167 168 110',. X 117 113 34 114% 1104 115% z*)7 100 101 '100 102 97 69% 7o'>( 69 4 69 \ 69 4 70 4 •88 •88 90 90 4914 91 4 "1584159 109 1614 159 J4 160 4 73i, •70 73 74 a 73 4 78 h ' 218 ( 41 34 814 •21% 214 •85 Hi 80 'v »70 70 4 *33 33% 1844 185 4 *19i 193 *222%22.; -240 250 '198 198 •195 205 •17 •38 •30 •101) •119 27 •61 , 324 32 87 87 4 u- 75 *73 95 8 96 307 4 305 93 •91 •55 4 •82 4 •26 4 *58 •36 •94 •320 60 56 4 83 27 59 as 98 325 60 1 12734 128'.' 67 % 101 4 102 *150 L54 384 39 ', 6684 20% 214 153 154 53 34 64 4 *116 120 *83 84 208 2094 54 4 65'k 86 86% 94 94 209 2114 95 95 «104 110 •96 97 144 414 4% -41 44 103 4104 119 120 28 4 28 4 62 624 460 470 34 7 8 34 4 89 8934 22 4 214 2-14 92% 92 4 92 4 92% 16% 10 35 35- 16,4 10\ 35 4 364 '8 75 85 75 s 74% •72 77 *9r) 100 308 4 314 •.9.2 4 2»% 564 73 *f0 314 95 94 17734 179 •82 27 47% 48% 4 ST. 85", ,. 4 29 4 .)S 4 83 27 4 584 584 83 2734 69 '35 *95 37 90 330 320 62 •61 1514 4 22 % 146 23 4 154 67 98 98 140 140% 166 4 166 4 314 33% 683s 70 102 1043, 150 152 39 34 3934 •20 4 214 154 4 155 4 54 '4 54 •116 120 83 '4 83^ 203 208 4 55 4 55% 864 8H34 •92 95 211 21434 9434 104 110 "95 97 U434 •41 1453,, 44 38 •37" 38 84 84 '35 102 80 110 110 1073.J *94 92 32 :' 4 95 93 4 4 32 4 77% 77% 79 80 •94 93 4 •32 J4 7734 47 4 55 25 '16 4 17 4 •534 574 •24 *78 68 \ •185 *23 4 614 65% 1 25 4 80 69 195 24 V 62 4 66 4 18% 118 34 354 35 4 9H% 9934 »99 4 100 35% 35 127 4 127 4 •34 4 3 13, 79 80 110 109% 110 4 106 784 954 93% 33% 79 184 563, 27 79 18 18 40% 94 9 40 94 •34 37 103 4 103 103 102 118% 120 "118 120 •118 284 28% 28 4 28% 28% 02 4 62 78 62 34 62% 62% 404 9% Do 103% Cleve. Do 120 460 455 34 4 35 89 89 4 214 21% 92% 92 34 10% 16 4 35 36 4 48 34 85 4 75 4 75 47% 85% 75 75 •73 100 318 •90 100 314% a 17 9) 93 •924 94 176% 179 29 4 29 1 57 4 5734 83 83 27 28 59 4 59 4 4 35 38 37 •97 98 98 32/ 320 330 •58 64 62 1504 150 151 167 '4 167 167 4 83% 84 83% 129 4 129% 130% 23" 23 '4 24 153 •145 160 684 68 68 < 149% 167 83 128 4 23 4 140 68 83 28 60 4 98 98 140 4 141% 140 4 141% '164 164 166 4 1664 334 34% 33 4 34 7 2 '4 70 714 72 4 103 7s 105 4 1034 105 4 •150 154 148 153 39 4 40 39% 39% •214 22% 2L 21 1544 156 4 1^44 155% •53 4 54 4 •53 54 •116 120 116 120 S4 •83 '82 84 4208% 2084 •204 210 66 65 564 54% 86 86 4 86 86% 90 4 95 90 95 2114 213 4 211 213 95 4 96 95 78 9 7 104 110 •104 110 •95 96 97 96 144% 145% 144% 145 4 38 43 -39 43 79 4 80 110 110 109 4 110 4 94 7 8 954 92% 93 4 33% 344 78 4 57 79 79 4 81 784 81 110 110 109 4 112% 95 93 33 34 79 95 93 4 27 78 28 80 34% 80 4 "ST." 79 69 70 70% 69% 703, 185 195 •185 •185 195 24 4 24*, 25 24% 25 62 62 4 62 34 62 4 62 4 66% 61% 66% 67 4 66 4 118 4 118% 1184 354 30 4 35 4 36 4 35 4 99% 100 99 34 100 99% *98 100 4 1004 36"" 36% 35 4 36 4 35 4 128 4 128 4 127 41283„ 12-4 343, 3434 34 4 34 5„ *34 pref Chic. pref & 71% 195 25% 63% 1 67«t 1 9 4 35% 99 100 36 4 129 '4 3434 450 450 445 34% 35 4 89% 90 453 & elaw. Lack. 20 ASIC UiMlikM .NKW YORK Aetna America \ .. 182 4 620 530 Anier Kxcb.. 270 278 Awtor .. 82 5 775 Battei-y Park 150 16.1 JJoweryV ... 325 Butcb'8* D 165 55 Ceuturyl,... 95 210 Chase 650 Chatham ... :20 330 . Jita Ask 4300 4350 Chemical Citizens' Ctrl *162 4 City ,-Z6i Coal * Iron. 230 Colonial " ... 575 ; 111 bia',1 .. 400 Commerce... 20 4 (Join . 22 94 h 1 Consolidated C'ru Exch^e* DisCount'i ... East River.. Fidelity^ 5,601 944 6 225 17 230 ! '. 5 4 J'nt- 14% Not 94 Aug 28 4 Not 214-Mav 41% Not 55% May 77 Dec 33 Ma> 58 4 Deo ( . Bid 340 750 15anits Filth i''ir.si 160 205 400 500 Ami 155 Ex1, 400 ASK Gallatin Garfield 230 Irving jetfersonH... 17 .sireeiH. Fourth Bin Jianiis InterboroTl.. 145 215 125 ',i 7 A m. 155 J'ly 11 J'Uc 60 Mai lianlv-i . 170 170 4"0 195 New Amsier New Voi'K Oo 2724 X V Nat Ex. New York... i'j:> .I 1 475 13O0 200 300 19th Wardli. 350 North Amer. 230 Northern 150 Oriental 260 PaciricH 250 II otJ,uo j.t.i^i. paid 210 300 . Nassallli 170H 180 268 175 Bid .. Alt .Morris .Mm mo' j Aug 86 4 Nov 20% Not Deo 94 77 Mai 95 Deo 12534 Feb 159 Deo 14 J'ne 33 Nov 32 Feb 59% Not 64 hi J'ne 834 Nov I64 Feb Feb 31 26 85 J245 46 31% Not 56 a4 Nov Mar 43 4 Deo Oct Nov J300 Dec Ma) 62 4 Nov Feb 14834 Dec 101 13934 Mat 169 4 Not 724 Mai 96 4 Aug 104 34 Mat 13o38 Oct 5 {Hi) 40 80 55 116 J'nt 105 Apr 23% Not 4 Feb 150 Not J'ur 67 J4 Jan 96 4 Sep Jan 95 Oct Ma\ 150 Oct 14% Feb 36% Nov 32 4 J'nt 65 4 Dec 87 J'ly Feb 1114 Deo 4 Feb 147% Dec Fed 45 4 Nov 15% Feb 25 4 Nov 112% Mai 145 4 Deo 101 3434 25 Ma) 47 1014 Ma) 115 60 Deo Nov Dec 78 4135 4 Ma) 199 J'ne Oct 19% Mai 47% Oct 4 Mai 80 4 Deo 88 Mav 95 Dec 53 51 Feb 82 4 Deo 95 J'ly 101 Sep 614 Jau b6%Dec 11 14 Mai 140 Dec 'i 17 Mai 74 4 J'ne 68 M a> 55 A^t 32 4 Dec SIS, Jan 7 9 4 N ot 80 Dec Apr 107 Deo 38% Mai 82% Deo 76 Mai 92 Dec 554 Feb 85 Dec 19 4 Mai 3734 Nov 57 a4 Jan 86% Xov 90 9 Mai 18 Ma\ 60 Jan 30 Mai 7934 ?61 394 Jan 72 4 150 Jan 185 35 16 94 J'ni- Nov Not Not Dec Dec Deo Dec Dee 29 60 34 68 34 Not 113 Sep 119 4 Dec 184 Feb 37 4 Dec 774Jau 97 4 Deo 90 Feb ~A-6 Dec 20 4.1 u«- 38 4 Nov 115 Mai 134 Oct 174J'1H' 27 4 Oct 25 % J 'ut 41 4 Mai Oi A J?lONS Metropoli'nH 170 238 . . r 4>u 4 185 510 Liberty 1500 Lincoln 325 ManhattanMarket* Fui 262 4 J 85 Mechanics' Mech * Tra" 1,0 Mercantile .. 260 ' . 67 Dec Feb 83 Mot Mai 242 4 Dec 54 72 170 70 . 207 German 165 152 4 157 4 German 365 375 Qorra.iiiial] .. 450 150 160 liri-lMI wicu 240 250 150 160 Hamilton^ .. 190 Meruli Excli. 190 Hanover.!... 495 Merchants'.. Cln-lsi'a li\c 170 Fifth A veil.. 3500 3750 Imp * Trail. 590 Metropolis " rud au.t ,i-ii>.t-ti arioes; no sales were iua<le ou mis aa.)*. i i^ess Miaai uj s.iai 1 Sale at Stock Exchange or at auction this week, s Trust Co. certificates. /i Assessment 1 400 1.900 Jan Jan 409 Des Moines * Ft. Dodge. 22 6,130 Detroit United 95 3,200 11% May 2 3 174 Jan 21 Dulnth 164 \<oh So. Shore & Atl.. 16 16 lo, lot) 21 May 2 2 37 Jan 21 34 4 36 Do pref 34% 353 165,750 37 4 May22 49 4 Augl / 4S'4 49 4 49 4 84 Ij^rie 3 32,700 74%May22 8o4Augl5 383 4 84 83 4 844 -> Do 1st pref 16,335 55 4 Jan 3 75 4 Aug 7 Do 2d pref 75 4 75 4 7434 754 •75 1,713 63 J'ly 6 75 Aug Evansv. * Terre Haute. 73 75 72 300 90 Feb 28 9 b Aug 12 90 100 Do pref 100 PO 30,100 236 Jan 4 335 Apr 17 315 4326 320 325 Great Northern, pref 83 Feb 16 00 Jan 13 Green Bay* W., deb. ctf.A 12 17 May2i 244 j'nelH 23 Do 23 deb. ctf. B 22 4 22 86% Jan lb 99 Marll *91 93 '91 95 Hocking Valley. " '206 90 Jan 18 964 Mar 13 •93 Do nref... 94 93 4 93 11,689 152 34 Jan 25 180% AuglO 178 1794 177 177% Lllinois Central.. 2,400 24 Muy24 32 Feb 3 29% 29 4 28% 28% owa Central... 4,400 50 May 10 58 34 Feb 3 67 57% 50 Do pref 56 34 3 314 81%J'neL9 84 4 Marl 6 83% 83 4 •83 4 84 4 KC.Ft.S.*M.,tr. cts. pfd 4.900 22 4May22 34 Feb 14 ansas City Southern.. 27% 28 274 274 6,700 52 Jan 3 70 Feb 14 Do pief 59 4 60 4 594 59 4 300 284.l'nel6 414Marl4 •35 37 •35 38 Lake Erie & Western. *!>0 80 91 J'uel;. 10b Marl3 98 Do pref *96 98 320 330 L. Shore Mich. J290 Jan 20 $350 Marl3 325 * South'n 315 1,500 50 4 May 22 70 Augl8 614 03 70 Long Island 66 151 151% 149 4151 Louisville* Nashville... 53,270 C1344 Jan 25 156 4 Apr26 OUO 161 May 1 175 Feb 9 167% 167% 106% 167 Manhattan Elevated... 15,200 73 Jan 9 91 Marl7 etrop. Secur., sub. rec 83 4 83" 82% 83 4 74,100 114 Mayll 131 J'ly 1294130 128% 129% Metropolitan street 47,120 18 4May22 26 Marl3 24 4 24% 2334 24 4 Mexican Central 200 *130 J'nel4 4150 Feb 15 145 165 120 150 Michigan Central 1,600 56 4 Jan 12 70 Aug 4 "65 70 70 Minneapolis * St. Louis. 70 400 86 Jan 19 98 Aug 98 105 *98 110 Do pref 3,10 89 4 Jan 1 143 4Augl7 142 143 4 141 142 Minn. S. P. * S. S. Mane. 2,02, 148 Jan 13 169 4 Mar29 Do pref 165% 166 4 165% 166 4 77,750 May22 34% Augl5 24 Mo. 33 33% Kansas & Texas 32 4 33 4 34,it'0 56 4 May23 72 4 Augl5 714 704 71 Do pref 70 135,ylo 94 4 May 10.14 1»74 106 4107% Missouri Pacific 110%Marl3 137 Jan 12 158 Apr26 150 155 150 155 Nash. Cliatt. * St. L0111.i',320 33% May s 45 at.of Mex, uou-cuni.pl 39% 39»f. •39 Jan 16 40 l.oi'O 17 J4 J'lieiO 244 JanlO Do 26 .prof 214 214 214 21 1363 155 4 136*1 154% 150 4 N. Y. Central * Hudson.. lL2,b0u 4 May22 167% Mail4 1,600 42 Jaii.O 55 4 Apr N. Y. Chic. * St. Louis... 534 53-i 53 53 113 Marl3 122 4 Jan 30 116 120 Do 1st pref 116 120 100 74 May 4 85 Apr 7 8i 84 Do 2d pref •80 84 483 ^194 May22 211 Augll 208 209 205 2084 N. Y. N. Haven * Hani. 4038 .j au 5 64 Mar30 57,960 3 5534 56", Ontario & Western 54 4 56 N. Y. 25,l0u 76 .'.laylo 884Marll 86 4 80'. 8534 86*4 Norfolk * Western loo 91 4 Feb 21 96 *9.4 95 Do adjustment pref. Augll •90 95 30,21'. 165 Apr 24 215 Augl 7 213 215 Northern Pacific 2 12% 2 15 3,2ilJan 784 Coast 17 98 97 Co 97% 97% 9 7 4 Ijacitic 4 Feb 7 100 Jan 3 108 Feb 6 104 110 Do lstpref 104 110 7oot 85 Jan 12 984Augl7 97 4 98 4 •98 4100 Do 2d pref 337,810 1314 May 2 147 J4 Mar 13 1454145 4 14541464 Pennsylvania 27 Jan 25 48 J4 Apr 3 •40 44 •40 44 Peoria* Eastern 77 Jan B 106 Febl4 Pore Marquette 1,10/j 78 4 J'ly 12 87 4 Feb 6 Do pref 81 81 80., 70 May23 8734 Mar 13 80 81 P1U9I). Cin. Chic. * St. L. 82 81 30i. 105 Febl7 112 Marl 3 106 112 Do pref 106 112 529,050 c79 Jan 13 H34Auglb 1124 113% 111% 1134 Reading 2,lu0 90 May 2 2 95 4 Aug 15 lstpref 94 4 96 95 95 4.30, 84 Jan 5 96 J'ly lo 9334 95 2d pref 9»34 9J34 144,600 24% .\lay22 37%Ja_u 18 Island Company Rock 34% 35 4 3334 3434 21,35,0 714May22 85 7934 80 4 Do pref Jan 4 79 804 1,500 12 J'ne 2 184 Augl4 Cft. Joseph *Gr'd Island. 1.5iO 46 May24 1 Do lstpref 4 5S% Jau21 2, SOU 20 J'ne ( 234 Feb 3 Do 2d pref 1,000 73 V May 2 81 4 Mar 6 78 79% 80 St. L. &S. Fr., 1st pref 78 I6,70u 61 May 2 6 73 4 Mar 6 x70% 704 6s% 70 4 Do 2d pref 176 J 3o an 194 41'uel2 185 195 185 195 C.& E.I. com stock tr ctf; 7,365 20 .May 2 2 274 Jan 20 26 26 4 26 4 St. Louis Southwestern.. 26 9,681 55 4 May 1 66% Apr J 8 63% 64 4 63 Do pref 63% 149,850 5 7 '4 May 4 72%l' l-l)2 7 68 68 4 66 34 68 4 Southern Pacific Co 2,8oO il54 Jan 6 1214 Feb 15 119 4 119 4 119' 4 1194 Do pref 35 4 36 35 a5% Southeruv.tr. cfs. stmpeu 45,700 28 May 19- 36 34 Maria l.ooo 95 Apr 2 100 Mar22 do 99% 99% Do pref. 9934 99% 100 97 Apr lb 100 4 Aug 14 •99 100 98 100 M. * O. stock tr. ctf s 26,000 29 % Apr 29 41 Marl 3 36% 37 36 36 4 I^exas * Pacific 2, SI 10 1-4 Apr 2!' 134% Keol 12841284 127% 127*4 lord Avenue (N. Y.)... 1.200 22 4 -Ian 13 37 '4 Apt 12 34 4 34 4 34% 34 34 'nledo Railways* Lisiht •20 3 92 •2°4 1-liii 240 Jan 7 34 100 West'n. M«| 160 Not j au 31 135 Deo j an 31 2163 Api 192 20 J' ne 2 6 4 Aug 164 Not 42 4 J'ly 174Jan 114 A 1.. 27% Not 6 J'ne 13 's Feb 2 4 J'ly 1 5 4 Not 30% J'ly22 54 Feb 3 29 Mas 48 4 Not 90 Jan 14 HI Mar21 68 4 Ma\ 93% Deo 115 4 J'ly26 121% Marll 100 Fel/ 115 Not 22 4 Jan 2( 30 8 Apr 2« 134J'^ 24% Not 62 May 2 3 644 Feb 10 48 J'nc 63 Dec 32 4May23 414 Aug! V 17% J '11. 37 4 Not 178 4.May'. 224 Augl' 149 Mai 190 4 Deo 335 Jan 470 Aug 11 250 4 Feb j5934 Deo 274May23 364Mail4 18 Ma, 35% Not 83 4 May 1 01 Marl6 64 4 Feb 89 Deo 18 May 2 2 284Marl7 194 Jan 27 Dec 2" 3 05 j' ne 22 60 4 J'ne 79 4 Deo 76 4 Jan 700 150 195 4,350 2,400 8,820 10,050 1,400 8,600 11,73 35% 35 4 Denver* Rio Grande Do pref 894 89 4 " 1 L. St. nAiNKS AiNU TKUhT COMPANIES- BKOKkii V Hia 91%Mayl3 83 No\ 89 Aug Jan 25 161 4 Augl4 109 4 Mai 13534 Oct 4 Jan 11 74 a4 Aug 14 64 Api 72 Not Muy23 220 AuglO 154 4 Feb 19434 XoT 03,400 45 4May22 60 4 Mar 21 28 4 Mai 51 Not 400 31 May 2. 44 4j MarlS 33 Jau 47 4 Not -5 4 Jan SOU 774J'ue26 s3%Apr 7 75 Jan 83,500 17 4M.iy22 25 4 MarlO 12% J in 26 4 Not 500 8334 May2V 884Marl5 804 J'lv :i0 Not 4,100 60 J'ne 9 72 AnglH 47 4J'ni 74% Not 9,000 29 May 2 3 374Aprl7 20 J 'in 39 4 Not 112,025 1684 May 4 187 4Aprl7 137 4 Feb 177% Deo 225 182 4 Jan 13 i92 4Aprl7 173 Mai 1-5% Oct 10,800 al9<%.J'ne 9 ^49 ja„31 161 4 Mai 2 14 4 Dec 400 231 Jan 13 265 4 Feb 1 207 Feb 237 Not pref Cm. Augl7 87% Jan 104 4 Not 170 Apr 24 104 4 I'eb 155 4 Not 117 Augl4 72% Mar 105 4 Deo 100 Aug 10 87% Keb 96 4 Oct 734JTy 3 38 Feb 70 4 Not 105 1,600 67 .700 190 Chicago Union Traction. Do S94Not Feb 64 9 Highest 60,5611 130-4 Chicago Tenn'l Transfer. 36 Year (1904) Lowest 77%May22 93% Mar 99 Jan 25 11,200 120 Jan 25 73,050 100 4 Jan 25 Mar H ISO 91 54,120 50%May23 43 87 4 Jan 4 ,fe 1 70 70% *88 *86 4 fit>->4 Buffalo * 8u8f|iio, pref... 91 159416ii3„ 1594159% / unadian Pacific •714 73 * 'anacla Southern •714 73 214 4 214 4 214 214 Central of New Jersey... 56*4 57 Chesapeake * Ohio 57% 68% 40 4134 40 40 Chicago* Alton , 67% 57% 37 824 83% 127% 129 85': 751. -91 95 *92 4 94 177 4 1783, 29 29% $96 320 62 160 167'4 167 18 1004 80 110 113 {98 W liange lor frevioui Highest Lowest 7,551 RK.. 1134 Halt morn Ohio !)8 Do pref. 68% 70% Brooklyn Rap id Transit.. 3 1134 1144 *(»5 104,600 284 Colorado* Southern 02% Do 1st preferred 404 4n% 404 41 Do 2d preferred 40% 414 40% 40% 213 4 21 6 4 213 2154 214 215 210 2144 Delaware* Hudson *2l 67 139 4 139 166 4 1664 30 4 314 8'e 37 4 89 4 22% 22 78 146 40 4 87 '4 1494 15U3j 166% 66% 82 4 •135 •35 37 40 40 217 4 21 9 470 470 35 33 •91 •924 94 17*% 1793., •28 4 294 '38 8% it 284 284 4 02 4 ><. 35 <V Ao 85 75'V 76 84% 40>, •61 •924 93 16% 1 6% 35 48 Atlantic Coast Line , 18 18 102 4104 4 •119 120 2S 62 39% 4" £13 2..'-. 46!) 409 165 4 167 167 "4 169 1 "38 4 84 •35 9 39 102 120 dx , . 40 •8% •39 •78 18 "a 113"8 lli "95 99 70 70% •88 91 Shares 89% 90 7L Atch. Topeka&Santa Fe 10341044 Do pref 004 91 '4 1044 105 Range lor Year 1VU5 On basis 0/ 100-share tots Week IS 2184 210 57 56 4 68 504 574 50 •40 41 41 414 41 81>. 814 814 78 81 Do pref 814 814 814 814 22 21% 22% 21% 22 4 22 4 224 22 22% Chicago Great Western.. 84 87 85 •854 87 80 85 87 Do 4 p. 0. debentures 85 87 71 7 714 72 71 71 70% 714 71 71% 714 Do 5 p. c. pref. "A".. 34 7 34 33% 34% 34 34 s Do 4 p. c. pref. "B".. 34% 34% 34 4 35 4 184*8 180 1844185 184% 1864 185% 186 4 184% 187 Chicago Milw. & St. Paul. *191 191 190 1914 92 191 191 191 19141914 Do pref 4 2234 2243, 223 4 224 4 223 2244 22234 224 4 220% 224 Chicago * North Western 245 250 248 248 249 249 248 218 248 248 Do pref 195 199 194 199 195 196 Chic St. P. Minn. & Om. 193 198 195 198 "195 205 195 200 '198 202 200 196 200 195 Do pref •2 *564 60 B *89 *78 90 34 1694100 71% 71% 2164 216% 218 , 210 89 % 103% 104 4 1674169 Sates 01 the STOCK EXCHANGE Aug 18 Weekly and Yearly HA<JK«* .* Ask Ask 500 290 People'sl] Phenix 205 510 , Plaza' Prod Exchli Riverside" 190 195 550 580 175 185 250 280 650 700 Seaboard Second 700 Shoe * Letli, 150 i.60" State'! 1200 34th Street.. 200 225 12 th WariH 23d Ward' 150 . 315 , 240 , 275 265 Ex dividend an n Sold at private Bia Hanks Park 175 . 1 riiruLs. sale at this price. New stock. 4 Aug. EAug Slut 384 57 57 4 1184 Ur^ •08 72*j iatHv 09 7a 82 4 | 40 «10V •40 -j •M 264 66 l!l •J 564 l 38 s -.40 6*4 ft«4 7 7 394 39 4 2> 4 •9SV 1294 : 121 • Si *168 *103 •39 144 . 5 J4 Vl»". 1-1''. 18a 106 10 40 9 U'2'% ll6Xjl.fl ' * • lvul 154 59 4 o.. 104 4 104 V «45 34 45*4 90 133* V8»( 190 190 4 9 9 •404 42 4 424 •80 •110 94 184 1 214 21 80 •57 •28 •82 33 y.o 86 334 •1134 11 SO 474 •103 •153 102 Si 102V 101 213, 8634 87 85 35 •104 9o4 •1 J 3 * 89 4 90 •42 44 7 Si 39«h v 28*4 60 39 4 105 185 14 •55 414 Si loo 4 46 •75 14 4 186 10V 104 46 •80 110 47 43 *79 82 114 110 21*4 22 '4 80 4 80 4 80 93', 1704 195 y5*4 257 t 144 •53 46 •95 255 37*e 1004 1004 •34 4 35 105 904 91 14 13s 188 104 H 47S. 48*4 61 43\ 43 43V 83 82 114 "110 3 * 83 114 9434 944 1834 1^0 22 4 22 4 80 4 80 Si 72 30 86 70 •26 •83 324 324 56 i , 14 43*4 102 4 154 LOO 4 44 4 106 4 14 11V 156*4 101 454 1054 53 46V 96 255 214 874 47 4 106 144 144 '» 54 21*8 90 »B2 464 54 47 95*4 88V 264 >4 254*, 36 4 36*4 100 100 4 214 22 4 86 4 89 344 344 914 105 92 125 **4 1 105 106 14 90*4 90V 914 44 43 HV 44 11 11 31 30*4 924 93V 123 126 93 92 334 35V 71 63 34 •109 36V 36 4 734 54 4 114 37 4 107 «42 240 42 250 38 •240 93»8 170 180 40 250 38 250 42 260 934 984 934 91V 1714 171 1714 11334 170 196 171 180 -180 195 Lake Do 2<1 Brie. prof Do to ,051. tV- HUcell 98 240 Do prrt .VmHljiamatoiH'oppi'r. 2 *7 7 & Koumii Do 4 Auier Ig 1 £8.400 1,000 Oil Do pref Do ll. 90 ell 2 Aug 11 Aug 7 Miiv.K Mar 1 19*4 Mai 13 May 4 •IS Fell May 4 2-4 Marl Apr 29 30 4 Aug is Jan 13 68 V Aug May 7 Jan 25 Jan 21 Feb 3 97 246 11 "i 1,500 65 pref 37 4 Man 7 Do 185 195 1st pref 71 Deo c ..I.. 72*4 Jan 24 V Deo s7 Deo 3., A 2 V J an ' B 4 Deo Dec Deo 04*4 37 4 1" I J 11. J'll 6 n7 '19 14 Jan NoT Nov 364 Nov 05 Nov 20 V 42 4 Deo Deo 9 4-l'i" 29 J'ne 46 Feo 82 4 Jau 15 Jan 170 Jan 9!»V 110 85 34 26 1 ' Nov Nov Deo 114 Deo 48*4 Deo 1. 16 Deo Oct Nov Nov 154 Deo 57 4 Deo 153 Nov 141 Nov 1194 Nov 96 Deo "• J'ly 122 4 Mai 123 Jan Feb 121 85 V Nov Jan 25 Nov Jan 94*4 Deo Feb 120 4 Nov Mai 2 29 4 Oct 10 60 61 185 12V Deo J'ly 62*4 Deo 58 V 95 19 4 220 26 4 82 4 40 4 Nov 82 Nov -3V 43 4No^ 68 71 Nov 90 cl51 J'ne 191 4 10 4 Maj '25 V 64 4 Feb 794 26 Mai 72 4 Nov Deo Nov Nov Deo , 25 63 Si Feb Mai Api J'Ue 8 185 Feb 9*4 il») Mai 194J'ue 66 Dec Deo Oct Nov Nov Dec Deo Dec Sep 41V Nov 714 Feo 87 Nov 8 Sep 12 4 Oct 484 Jan ti6 Oct 36 Jan 59 4 Nov 1004 Jan 1 7 Nov 14 Sep 2 3 4 Nov 75 J'ly ?87 Deo 14 4 Feb 26 4 Oct 80 4 Jan 98 4 Deo 28 1 Nov Nov Feb 164 120 80 24 Mai 92*4 1 07 Feb 56 Nov Mai 1124 Deo 24 4 Ma) 444 67 May 92 209 Mai 214 35 16 71 '4 Mai 94 6 Ma) 18 4 37 .Max 73 4 oct Deo Nov Nov Mm 14*4 74*4 Apt Jan 29 Deo Nov Nov 4 Deo Dec :is 314J an 05V Nov Deo Jau 105 77 *4 Mai 4 Nov 4 Nov 134 Nov 77 Ma) 3'.) 25 34 Nov 5 SIVMa) Aug 45 Feb 6 4 -Ma) 754 Nov 20 4 Deo Mai Feb U28 Nov 40 100 43 sl-V Deo J'ly 84 4 Nov 36 4 Nov 40 4 Defl 10 4 Feb 34 41 Jau 100 8V M aj 4 .May 22*4 J'ne 41 4 Deo Nov Nov Aug 97 V Apt 116 18 I'lAJ Dee 33 4 li.-o 95 V Deo 614 4 sep II }200 J'ne 250 85 153 April 180 Keb23 197 190 Oct S2'4 .34 l.i 88*4 -1 Nov Nov Nov Nov •2 I Jan M4 Nov 22 4-l'n. 16 V Jau 75 4 lai II 1 Jin 25 49-4 "7" JVli. 1 1 ', 30 4 Mai 11 M*4 J'ly 12 20*4 Augl 15 4 Jan 17 22*4 A pi 17 36 Jan 19 48 4 Apr 100',875 33 Jan 25 61 '4 Apr 13 6,o2o 103 34 Jan 6 122V Apr 500 44 Aug 16 8*4 Jan 14 800 20 J'ne 9 28 4xMar 7 1 2 32 ..I 101 1 II i\ Deo J 'in 14,.. 67 Jan 6 3 I l-l-li I 69 I 25 Nov 48 4 Nov 22 V Nov Ma\ J Xov Nov no Deo Ma 1; 1 99 Amer Smelters See pref B 702 974 J'uel2 99 Aug 1 129 S Amur. Smelt'g & Ketlu'j;. 108,501 79*4 Jan 9 13U 34 Aug 16 122 3,400 1114 Jan 13 127 Apr Do pref 200 American Snuit 110 163 May31 183 Jau 2 47n 09 Jan 7 106 4 Aug 6 106 Do prer 93, Amerioan Steel Foumlr's. 934 860 64 J'ly 27 18VMar20 •39 40 67 4 Apr 4 35 4 .I'm1 ,355 Do pref 144 144 4 American Sugar Uetiimi^ 28,o0o May 2 2 L49V Mar 2 •138 141 10 !3 May si 141 40 Augl Do pref 143 143 Amer. Teleph. <fe Tele*!... 200 364 May24 148 4 Jau 6 102 V 103% Amer. Tobac. (new), pref. 38,745 914 Jan 25 104 Augl 3734 38V American Woolen 30,!'25 20 V Jan 20 404 Aprl8 105 105 3,100 93 Jan 6 108 4 Man 5 Do pref IIO34 1174 Anaconda Copper 9,300 .00 4 May22 130 Apr 13 180 191 184 4 May22 -C215 Feb 14 Brooklyn Union Oas "600 104 Jan 13 10*4 Apr 18 144 14-8 runsw. Dock&C.Imp'i •55 69 56 J'ly lb 604 Jan Is Buttenck Co 43 4 44 8,86*0 414 J'ly 27 47 J'ly 1 / 'entral Leather lo5 105 '< v / Do prel 5.750 103 4 J'ly 2i 105*4 Augl5 46 4 47*4 Colorado Fuel A- Iron 31.420 38 May 2 2 59 Mar24 85 85 300 80 Aug IV 105 Mar24 Do pref 15 154 Col. & Hock. Coal & Iron. 2,900 11*4 May 2 4 184 Jau 30 187 1884 Consolidated Gas (N. Y.). 4,3oi) 184 4 Mayl5 214 Mar 3 8*4 J'ne 8 22*4 Feb 7 11 114 Corn Products 9,569 40 50 60 Aug 9 79 Jau 10 5.200 Do pref 43V 43V Distillers Securit's Corp. 4,400 •C344 Jan 25 47 4.Apr 6 76 May23 89 4 Feb 27 r.lectrlc Storage Battery. 10 110 110 Federal Mining & Smelt'g 300 60 Jan 11 128 Apr 7 94*4 Do pref 3.750 75 Jan 5 M)7 4 Apr 7 94V 183 184 General Electric 6,400 169 May2o 192 Marl6 214 22 4 International Paper 23,125 184 J 'lie 10 25 4 Marl 1 80 4 80 "v Do pref 740 76 sj Feb 6 824 Apr 6 72 International Power 72 400 60 J'ne 3 100 Feb23 •26 27 J'ly 14 404Feb27 30 Internat'l Steam Pump.. •83 86 78 4 May 2 2 88 V Apr 14 Do pref 32 4 324 Knickerbocker Ice( Chic; 4,250 10 Jan 16 34V J'ly 20 60 J an V 76 Apr 6 Do pref 55 4 55 4 National Biscuit 11,100 52 Aug 16 66V Apr 3 •111 114 Do pref 75o rill Aug 1 120*4 Maris 144 154 Xat Enameling&Stamp'g 9,750 11 Aug 12 3 1 4 A pr 5 *82 4 85 4 Do pref 800 80 Aug 12 94 Apr 19 43 4 44*4 National Lead 59,250 24 4 Jan 24 5 *4 Apr 7 ?103 103 Do pref 150 97 V Jan 7 1114 Feb 20 153 4 153*4 New York Air Brake 2,500 140 May 22 161V Apr 15 100 4 101 Xorth American Co., new 4,900 074 May 2 2 107 Apri7 45 45 4 |>acittc Mail 7,500 33 Ma) j. 494 Jau 4 104 4 105 4 I eop. Gas-L.<fc C. (Chic.) 11,300 97 4 May 16 115 4 Apr 3 •14 15 Pittsburgh Coal Co .May 15 50.. 12 4 -ilyli' 21 52 4 53 Do pref 76!" 45' B J'ly 20 804 May 16 4034 4 1*4 Pressed Steel Car 19,810 33 4 Jan 31 47*4 AuglS 96*4 ;i7-v Do prel 87*4 Mar t. 99 4 Apr 14 3,4 1 250 250 Pullman Company 4,435 :3o ^1 ay3 25 S Aug 14 36 4 37 I > ail way Steel Spring... 6,600 30 May22 4oV Apr 17 IS '1 Apr 16 100 100 4 IV Do prel 100 93 .Ian 2.". 21V 22 4 Republic Iron & Sl'eel ... 16,3. .0 15 Jan 23 2 4 4 Apr 3 lo S7*4 884 Do pref 89 Aug 17 15,000 67 Jan •34*4 35 4 Rubber Goods Mfg .Mail-1 38 May 15 1,000 24 -104 Si 106 Do pref Jan 25 o:i' 8 Apr 1 2o() 94 92 92 4 ^loss ShelBeia St. & i ro n 2,500 HO Jan 25 118 4 Feb 24 Do pref 100 Jan 13 130 Feb23 • 1 1 4 standard Rope <fc Twine.. 3 Jan 2b Jau 3 i',3oT 91 '4 1'enn. Coal, Iron & Ru... 47,850 68 Jan 2.". 106 4 Apr 4 90 44 4 Texas Pacific Land Trusi 44 200 37 s Jan 31 40 4Mar28 114 114 Union Bag & Paper 5,160 8 V J'ne 6 15 4 Apr 3 79 4 794 Do pref Ian 10 82 Apr 4 3,681 68 30V ol U. S. Cast 1. Pipe <fc" ffoun! 7.60i. 10 4 Jan o 354 Apr 14 Do prel 92 4 93 4 25,100 79 '4 Jan 3 97»4 Apr 17 •123 126 United States Express..! 9 131 Fob a i 1 20 Jau *o9 4 90 4 U S Realty & Improve'nt 1,100 77 Jan 4 9 8 4.Mario 344 344 U 8 Reduction & Betin'g 2,400 18 Feb2- 40 4 Apr 18 714 72 Do pref 3.HO0 35 Jau 13 7.; 4 Augl7 5234 51 United States Rubber 15,17:. 33*4 Jan 3 55 Aug 15 110*4 111 Do pref 1,700 9V<„ Jau 6 118 4 Apr 7 36 4 37 4 United states Steel 287,600 244 Mi.y2. 38 4 Apr 7 Do prei 104 1054 197,050 9034 May 22 l05VAugl7 34 344 Virginia-Carolina Chera.. 4,05ii 31V May 2 2 39 Jau 3 • 106 1064 Do pref Feb 2o 1,425 1034 May 1 110 •88 Vlrginui Iron Coal & C. Ho 36 J'ne 5 52 4 Feb 24 •240 \\/ells, Fargo & Co 85 235 Jan 3 200 Feb 21 844 94 4 '» est'u Union Tele'gph 3,183 92 Jan 17 95 4 J'ne 19 171 1714 Wesfgh'se E <fc M f g asseu 2,600 152 May20 184 Apr 6 \ Dot 04 26 7 1 ,220 Fell 250 7,-115 1 4 21 10 Jan 4 11 4 Jau 14 '1 I ', I4'h 37 Apr 214 Feb 16 MM*4 Feb 2 ISO 38 II 4 4 4 Aug 6 J 'ne 34 4 .r in-24 4()i .12 Nov Nov , 1 I. . ] ;is 57 4 eli Feb 15"' Feb Hi i\)S May22 43 V Apr 14 4 Jan 4 4.4 os Feb 17 so 4 M" H 29 4 Apr 1.. 4 i- Am. Mai 11 1 Jan 9 }250 Feb May 4 19 4 Aug '- JT-.I, 82 J'ne2J 23 V Feb 3 4s Kelt i 27*4 J ly 19 1,7.10 I ~7 1 American Malting 23', 74 I- 13 5209 . 71 7 89 4 J'ly pref Hirtedfc Leather... 1..S 4 Feb 26 (914 Jan 25 1044Apr 4,2011 American Express 119 4 4V i.i... j 38 4 De pret 29 «s American Ice Securities •174 20 American Liuseeu •40 „ 43 Do pref 6.S 4 504 American Locomotive.. 117 1,401 s: in pref. American Car J'iic2i: ,!7 1236 13 46 4 70 20 Mi 4 31 4,000 54 American Grass Twine •39 29 12i Aiuer Agncnlt Chemical. 4 00 ,. prel llis-Olialniflrs > i'0 , Mo 6 137 1 4 MayJ 38 20 20 45 ,70 1 I '.7 1 .. 1. 1 35V 104V IO134 1044105V 34 4 34 34 34 107 10734 107 1074 'a 34 9J34 y 3 34 171 171 19a 80 34 3< I0734 104 42 239 47*4 14 4 14*4 -186 4 188 H04 IllS. }H0 HO 36 4 105 105S 46V 10*4 80 794 79'B 303g 30'8 30*4 304 91 92 914 92 4 123 126 •123 126 •91 94 90 92 33 33 32 34 334 704 704 70 71 54 4 55 64 544 36 15 59 80 14'4 364 90 •43 114 114 344 105 Si 80 36*4 l*f 79 125 93 4 194 43V 444 46V •904 914 89 4 9138 •43 44 44 60 87 34 4 35 104 105 S, •104 9034 U7*4 •55 44*4 105 Si 25 22 4 103V .on AiumiH Kxpross 99 1304 128 4 121*, 121 4 180 lfrO 106 4 106 94 39 4 145 S. 14l 143 4 & „.lan KO J'lv ! 1. 12 ,5 5 11 ,52 ,750 prel 1st prel Do Si 23 99 Do 1)0 < ,9 32 May 17 4 Jan 21 ... I St Lou. prei Do pref 30 4 304 American Cotton •92 225 1 1 Iniliiirrinl 37 4 38 101*4 102 44 *14V 14*4 •994 100 Si 21-4 21 4 87 4 87*4 364 36V 42 464 9534 117*4 116 •135 194 68 4 252 164 16V 4 00 8uV 20 44 55 S 118 38*4 39*4 104*4 104*« 39*4 82 82 46 4 46*4 1054 105 4 154 15 7*4 100 100 43 44 105 4 1054 47*4 45 4 364 014 92 4 239 94 10 ; 82 255 {104 4 104*4 10438 105 •-•33 4 34Si 3*4 3434 •106 107 lu64 1064 42 250 29*4 54 4 55 4 1124 1134 xlll 1114 14 144 14 4 52 106 154 lo 14 •42 4 43 105 4 105*4 •14 15 534 54 874 •70 4 72 51 Si 54 110 4 111 39 San Kran 4Ma\ May 11 101V 96 Hitihest I.envfSl 21 -'5 Jan 113 I 4 10 Wisconsin Coin nil •66 86 •23 74 •44 '» Wheeling .;'i I 627' ill IUD41 43 4 Apr U 65 A pi 1'. 122 4 Apr 4 844May22 /-rrviutil '<ii IVar Highejtt . , |ir,-i nltcil Ky.stif \\ aliaali Lowest 4 00 61*4 J;l1 ' Jan 4 ,900 106 ' 1 •44 '4 v. ir. off* vot. ir. otls '- r '. 294 ', 4 514 43 247 6 '4 1 pro! fniou Vaoitio Do invr nil Uy.sl n VI ol Do -1 57*4 98 240 115 4-V 94 4 94', 182 '4 183', 22 22V •80 80s, •57 70 •28 30 82 86 3234 324 -57 70 •28 30 •82 86 32'8 334 105 91 70Sj 71 «51 51 Si •109 111 ' 864 30 4 : 2.' •17 •40 104 4 105 434 434 36Vi 374 99»4 100 21Si 22 128 93 •33 4 30 •40 •2 4 16V 74 7S. 29 V 19 44 62 116 38*4 154 187 9*4 46 96 258 314 4 82 1.-4 248 144*4 191 187 80 ::o->4 6 I I . '4 '874 "384 '194 100S 29 4 21' •92 226 iM'* All,,./, 'M .300 I'win (Jity Uupul Trannit 11.s--„ 89 •si 21 4:>\ 89 h 6b \ 15 V Do 714 I*-, l A W. lol. St. L. Jiang* tor 1 >-ur I UU6 basis 01 WU-share lot* 01 Shorn Do 56 68 85 4 86 4 23 '4 25 9S 235 41) •94 94 "14" 14 33 Si 314 31*4 •914 92 29 V ">-*< 284 4 23 43 '44 4 104 4 lU5*4 47 46 80 Si 12 29 "- S9*8 4 934 984 184V 1834 184V 81 26 Si •40 50 113 •554 454 46 •1 •24'; 1 36 4 1164 116 •14*4 154 42Sj 424 1U5>8 106*4 •14 16 54 54 90 •43 ( - 85 V 23 19 '1 46 484 45*4 105 109 4 '103*4 153 154 •150 102aglU3 1 100*4 104 91 is 42 Si >., 38*4 1S7SJ 190 Si 94 10 42 45 4 •95 18 40 '4 104 110 185 Tssi 13V 255 43 42 38*4 39 394 144 14:>>, 144V 141 •139 139 141 89 •142 141*, 141*4 -143 145 102 Si 104 103 102 4 103 *3li 14:; : 1 653 the w eek EXCHANGE 186 4 187 •88 99 214 224 424 Sates NEW YORK STOCK 38 69 US 1 1 44 18 S 23 4 -54 •74 39 4 8 >4 22 '4 2^ 99 98*8 88 12 i»4 130 129 122*4 121 Si 1214 1214 •178 200 383 M80 106 106 4 106 4 •106 OS. 103 ^ 116 190 22 81H 214 3i> 534 1 t>3 •82 •225 20 44 106 804 — Si 7.S. * 484 51 112 119 Hi 44 4 4 23 4 33 Si •98*4 99 1274 13034 94 •il34 934 240 122 183 10T8 IIS. 79 81 170 •190 4 98 88 •18 -40 5 24 •128 126 93 S» 94 S. 33 33 I 30 ".'2 230 5'i 7 34S» 35 90S, 115 .•240 *29 61' •37 67 130*4 137 S •88 91 72 78 S 88 'm B9 81V 81 \ 89 37 W 4 100 -29 99-4 38 68 4 245 68*4 83*4 364 37 \ 38 V 244 250 16 4 17 <4 68 99*4 Aug 18 66 4 58 \ 834 844 84 Sj 43 104 Si 45V 46 90 87 105 •106 '38 17V 58 144 144V 143 4 143 Si 138 139 99Si 103 -57 •28 •82 33 -I 4 28*4 250 •17 1 3!' '4 245 :so 17 6 128 4 130 122 123 loS 183 IVo 80 81 49 105 154 2494 253 36 Si 364 21V 29 V 67 S 4 50 42 S 574 57Sj 56 4 67 S. 5 114Si '114 114Sj •113*4 115 1334 144 13 13S2 14 42 \ 42V 105 Si 105 Si •13 14 •53Si 55 S. 45=8 464 •95 95 4 •100 29*4 57»4 26 3 80 Sj 80S. 70 30 86 80 70 674 254 •984 99 1S4=8 21 ,1 25 43 44 43 •80 »2 85 •110 114 114 3 944 944 94 4 184*4 88*4 25 28 Si 98 Sj 20 44 48 48111 112 102 Si 114 187 *I4 3« •56 43 104 Si 714 88 4 43 394 89 Si •23 99 43 374 38V 102V -, 1^'4 4-~. •17 •40 '44 H9 >*-u< (ii/ Aug 17 1 138 <s 1363s 99 89 --i 36 4 81 99 4 loo 29 «y :94 •024 82 ^ 2oO 240 5*4 5V 38 Si •133 140 98 4 99 37 37 4 •? 3 83*4 94 144' 4 •187 *14 3« •56 7V •7 •17 20 •40 43 48 •8% Ill's IllS »aa 56 4 •57 4 37 U9\ '44 20 5 6 7 71 11 STOCK.-. Ifiurnlai/ : -84 •81 82 Si v-14 20 V 20 4 204 42 43 4 42 4 -17 18 184 4 .-J 240 89 '< ' 89S 19 4 : 69 •.'3d 89 82 7 83V 84H ."."•j 99 7J J4 17 4o»4 23 17 « 87 4 38 4 38»8 67 4 69 118 1184 1334 134S 4" 4 41*8 17 3-3 H8VH-*4 IWuurfifav Aug 16 15 88 4 67 Si 118Sj 38 •67 IIS 88 4 694 It.V 42 28 249 ' Aug 4i>v 235 5i» 37*4 57S! 7 -Si 894 »194 1 Stock Record— Concluded— Page 2 Tuesday CHI. 1(11/ Aug 14 38 V 1 bS—HWHASl AXD LOW AST SALA PKWAS .1. Ja 94 S V 1 19 1905.] Saturaav i;;"j"^ 3' May Ma) Ann 4 Deo Deo 4 Nov hanks and trust companies— brokers quotations - Hunk, Bid Union Exch r 220 Unlteil... 85 8 Excha't*" 125 V Waeh-Hiiu' WeetSlde' .. Torkvliic' .. Jill Ask 230 no 225 575 400 Nassau Nat City... North Sole' no .. Brooklyn' .. 1 Mechanics' l'eop.> Borough' Broadway* * 1 315 134 385 ASK Trim! Co*. ', 138 . 250 416 ASK Bid CITY N. Y. '1 Bankei Bowl'; ...... . ... U . 1 130 . Union' Wallabouti . . 1 1" ( 160 Kinpn Uv Bid and aano.1 pricon no »ii>-i 00 tun .lay. Sale at Slock Exclian ge or al auction tin* weak. I divlilaod. 1 I 1 li... .. 312 4 317 4 57o 475 TriMt Oo. t> 100 Now siooic I 11—1 1 >'. ASK Jlill li 11035 I'l 730 735 Seal Bat Tr'l StanuariiTr*! 380 ..1 A'l'l 866 110 Trual 11 Co ..I KI.iiOiimIi inn T111.1l rankiin Ull Home 1450 8 U a A 1'r Unit st itea L375 \ .in .n 'Uen 1 r l . WaHliinnIun Wiuilhor a i£x '| 426 245 n irnu I with IS 1 266 i.ifcTr. 1 1 430 10 346 840 86 355 10(1 800 Naaaim 'I Williamub'ir. uirmend and rifbta. iun»t .! 2 1 jtsnklnt 1 Ask BROOKLYN B Am. Bid t'o'i Brooklyn Tr 410 ' 1 I..O 1 certltloatos. 1 N V l.lle.V. New York Pr Morton usl 630 MuUAlliauce 210 1 550" itx rifiin. Kx stock A Mercantile .. Metropolitan SIS 95 iiiiiniunw'tli l-.i|iiitable Tr Hai in 1." it 1 155 200 160 .aw T I Lincoln tfantaattan r'-i Colonial ' Prospect I'k' Kidgevroodl 17lh Ward' Truat Co'a Bid ASK Ave Tr .-75 i-uaranty Tr 625 S60 Huarilian 220 230 KuicK 'rb'U'r 1050 Fifth Mai.ulactrH'. 365 BEOOKLT.1 yiTBt liitnkn hta BROOKLYN Home Bank] 125 I : .135 315 2S5 345 235 . paragraph H) are State banke New York Stock Exchange— Bond N. Y. STOCK EXCHANGE WKEJC Endinh AUO 18 if J'rice Week's Range Friday Aug 18 Range or Since U. S. I.dvrl linn 8 48 coupon ,19'.'.' [ K "I Gold OB exten debl u 58 01 189! . d ex ICO s 4s oi 1904 108% 103% 10.1% 108% Forei«ni (Government Japanese Govt 6s sterl'g.1911 A. (i ..1911 A-O 2d series Us & loin 4k« els full pd.1926 F A 2d series 4 %s otfe full paid .r-j U 103*4 103 104 104 k 104 8 Sale 132 4 133% 132% 183 k Philippine islands 48.1914-84 Repub ot Cuba .VI- a 101 99 90 a 89 % 108 1010 k Sale Sale Sale Sale Sale 1 04 Hi J My 104*al01% 104 k 105% 03 k 104 : 'i i-» I 104%JMy'o5 107 J'ne'OV loi k Deo'04 104 8 90'., 89*4 108'a 10l»f 17'. 100 320 •>-', 2873 9i> 165 108*4 3- 100% 100 8 100-^ 8. 93°6 93^. 68 93% «4 ,1954 J-D hese pr ices o n the b a"* are t'/ i '/ -I 4 to 5 1901. J -J 1901; J-J Currency funding 4s Distoi Columbia 3 '858 192( 191'. Atl %s 20-40 198;: J.J Tenn new settlement 8s. .191:; J-J So Carolina 4 J-J Virginia fund debt.2 8s. ..1991 J-J 6s deferred Brown Bros ells Q-J A-O A-O JD No\ Nov m-n Stamped Debeniures 4s SeriesE.1907 F-A Registered /il995 /cl995 Series J? Series G Series H Series 1 Series K .1908 FA loo; F-A lolb 1911 1913 East Okla Div 1st g 4s.. 1928 Atl kuox & Nor 1st g 5s. .1940 Atlantic Coast 1st g4s./tl952 Charles & Sav 1st g 7s.. 1930 102 4 127 Hi. ' . 1 96% 96 ' 20 Mar'Ot 96 Aug'05 U5k Ue.c'04 '•6 a 4 J'ne'05 15 153b Sale W Bruns& F A J D M S M-S J-J 1st gold 6s. .1934 W 1st gug 4s 1938 99 99H 104 % Sale 99*2 103% 103 Sale 105 as k 98 104 105 98 108*2 90*8 103 93*4 86 89*4 90 96 95 k Salt 95 97 96-*4 97 k 10 13% J-J Sp Oca & G gu g 4s 191fc J-J Atlantic & Dauv See South Ry nee Sou Pacific Austin <fc N Sil 99 k 96Hz 101 104% 178 10l34 105 100 k 103 105*2 154 100 105 k 14 "81 99%May'05 98 98 1171a 115ki 99 112% Jan '04 103*4 93k. 97% 94 98 99% 99*8 99 k, 99k 101k lOlkJMy'Oa 113%118 112 k Nov'04 10234 98*4 99% 99% 99*aNov'04 99%J'ue'05 99k Jan '05 98k Nov'04 97 Oct '04 102% Sale 141k 130k 94% 98*4 57 i."oo 34 101k i"o3k r25*«Nov'03 114*4 Oct 93 J My 98% 97 34 Oct '04 '04 '04 W 95% Sale Balt<fcOhiopriorlg3%s.l925 J-J Registered /cl925 Q-J Gold 4s /cl94b A-O 105 *4 105»4 105 Registered /tl948 y-JConv deb 4s 1911 PJun&M Div 1st g 3%sl925 M-N 92 Sys ret 4sl941 M-N lOOki^ale 92^4 Sale Southw Div 1st g3%s... 1925 J-J Registered ..../e.1926 Monon Riv 1st gu g 5s. .1919 ti 105 3 ! CenOhio R 1st cg4%s..l93<. M-S 111*4 Pitts Clev & Tol 1st g 6s 1922 A-O 121k Pitts & West 1st g 4s. ..1917 J-J Bat Creek & 8 bee Mich Cent Mb PLE&WVa 95*4 95 *V 96 Nov'04 105*4 \yib\ J'ly'05 104 U3kJ'ly'05 91 34 Aug'05 H/0 100 k 92 Hj 93 92*8 J'ne'05 108 k J'ly'05 109 Api'Oi. 119*2 Mar'04 J iie'05 100 94*2 97% 102% 106% 103 104*8 105 114 91 93 k 98 k 101 91% 93 k 92*8 92H108*2 108 k 109 109 97 J4 100 NJC*H Beech Creek See Beilev <& Car See Illinois Ceni Bklyn <& Montauk See Long 1 Brims & West see Atl Coast L Buttalo N V & Erie See Erie Butlalo K & P gen g 5s.. .1937 A11& West lstg 4s gu.. 199s Cl & Mah 1st gu g 5s.. ..194:; Rooh <fc Pitts 1st g 6a... 1921 Consol 1st g 6s Buttalo & Southwest See Erie Butt & Susq 1st ref g 4s.cU951 J-J Bur Cedar R & No 1st 53.1900 J-L Con 1st it col trust g 5s. .1984 A-O 1934 1st gu 5s. 1921 & St L 1st gu g 7s.. ..1927 190b Canada South 1st 5s 2d 5s 1913 Registered 1913 CRIF&N W M & Shawn Carthage & Ad Carb Carolina Cent Jiy'05 Apr'O 123*4 103 124 120 k Sale 126 k F-A 1922 J-D Registered 123 J-J A-O A-O J-L J-J M-S M-S ;) 4 .... Aug'O, 126 k 99*2 99 '4 Aug'05 101 34 Sale 101 34 10l a4 120 Salt 120 120 118k;. .... 120*2 Mar'08 111*2 112 Hi Sep '04 98 103 k Sale 109 1 02% 10&*4 106 103 k 108 7t Apr '05 111 Cent Seab Air L See ,6'ee <fe Cen Branch U PlBtg4s...l94s J-L Cen Branch Ry See Mo Pac Cen RR <fc B oi Ga col g 5s 1937 M-N Cent ot Ga RR 1st g 5s..}j194; F-A Consol gold 5s ..191c M-N Registered 194i m-h 1st pre! income g 5s....pl945 Oct 2d pret income g 5s 2>194i Oct 3d pref income g 5s pl94; Oct 90 94 Jan '05 109 10S% Aug'05 119*2 119*2 J'ne'05 111 114 107 J'ne'04 114 115 98 Sale SG 34 Sale 79 Salt 98 S6 79 99 86 3 SO . 110k 110k Ill k J-J 134 ?:j j-j 113 '8 Keb'04 104 110% Aug'o; 6 k Aug'05 1 1 110% 110 4 115 k 115 k 134% 184 *» 131*4 13.1% 133% 1 113 113 112 133% Sale 13.1% 136% 33% 136*9 115 10hS*2 101% 104kMar'o5 101*4 101% Aug'05 101*4 102% 106 106 May'05 A-O 106% 110 J'ly'05 A-O 110k M-N 119 Salt 119 119 1 16 119 116*4 May'05 1939 M-N >C IO8H1 0834 103% 104 k 1922 1949 Div 3*28 1949 Registered 1949 Gold 4s Iowa Div sink fund 5s. .1919 1919 Sinking fund 4s Nebraska Extension 48.1927 1927 Registered 1 92 South western Div 4s Joint bonds See Great North 1913 Debenture 5s Han & St Jos consol 6s. .1911 68.1907 Chic<fc E 111 lsts f cur 1934 lstcousol g 6s 1937 General consol 1st 5s 1937 Registered 58.1936 Clue <fe Ind C Ry 1st Chicago & Erie See Erie Chic In <fc Louisv ref 6s. ..1947 1947 Refunding gold5s Louisv N A & Oh 1st 6s. 1910 Chicago Milwaukee & St P 1914 Terminal gold 6s General g 4s series A..«1989 Registered el989 General g 3 H28 series B.el989 Chic<& LSuDivg5s....l921 Chic <fe Mo Riv Div 5s. ..1926 1910 Chic & Pac Div 6s 1921 Cliicfe P WlstgSs 1916 Dak & Gt So g 5s 1924 Ear & Sou assu g 6s 1910 Hast<fe D Div 1st 7s 1910 1st 5s 1908 I & D Exten 1st 7s LaCrosse & D 1st 5s. ...1919 1910 Mineral Point Div 5s 1910 So Minn Div 1st 6s Southwest Div 1st 6s 1909 Wis& MinnDivg5s 1921 Mil & No 1st 1910 L 6s 1913 1st consol 6s 1915 Chic & Northw cons 7s Extension 4s 1886-1926 Registered 1886-1926 General gold 3*23 1987 Registered »1987 Sinking fund 6s.. .1879-1929 Registered 1879-1929 Sinking fund 5s.. .1879-1929 Registered 1879-1929 Debenture 5s 1909 Registered 1909 M ...1921 1921 1933 1933 Des Mo & Minn 1st 7s.. 1907 Milw& Madison 1st 6s.. 1905 119*2128*4 North Illinois 1st 5s 1910 Ott C F & St Paul 1st 5s 1909 Winona & St Pet 2d 7s. .1907 124 126k Mil L S & West 1st g 6s 1921 124% 126 k Ext<fe Imp sfundg5s 1929 Ashland Liv 1st g 6s. .1925 98 100 k Mich Div lstg6s 1924 100% 102*2 Convertible deb 5s.... 1907 118*8 121k Incomes 1911 Chic Rock Isl <S> Pao 6s.. .1917 Registered 1917 General gold 4s 1988 102 104»4 Registered 1988 105*2109 1934 lst& refunding g 4s 105% 106 Coll trust Series C 4s .. 1905 1910 H4s 1915 4s 1916 N4s 1917 4s 94 94 1918 P4s Chic R I & Pac RR 4s. .2002 110 112 Registered 2002 119 121k 1913 Coll trust gold 5s 113 116*4 Choo Ok & G gen g 5s .01919 1952 Consol gold 5s 14 90 99 1923 Keokifc Des Mist 5s 218 67 87 k 19 52*2 80 110*2 Salt 110*4 17*4 16*4 Mar'i 5 1 3 101 k Aug'05 98 J My '05 113*4 Keb'05 113*4 M-N A-O 97 '4 J-J J-J 80 k Salt F-A J-J J-J J-J 100% 102 95 v 84% 85 80 n<J *4 95% _13 118 lnl*8i04 97 98 Hi 113% 113'4 1 102 100 •98 Sale Sep '04 80 80 k May'05 100% 95% 100% 96*8 Feb "05 86% 79% 83 c4'4 80*4 100*4 100 M-N M-S J-D A-O M-N M-N 107*4 108 113% 114 107% J-J 118%. J.J J-J J-J 109 k 98 96% 96% 119*2 121*4 134*2. 113*4 . 96 k 97 J 10s% J-J J-J J-J J-J 114%. 1 . . 110*2 129%. 113%. 104% 109 HOHiJ'ne'05 112 s Apr '05 116*? Jan '05 127%.May'05 118 117 111 104 183% 1*5 115% 115 106% 106% 108k.UlHl 108% 110 115*2 116% ^% 112% 116% 110% II 126*4 129*2 105% 105% "»9%i«i"a J'ue'05 117% iis" Feb'05 117 . .... , , J'ly'05 Mar'04 lll%113*4 108% Jan '04 117 May'06 115*2 Apr '05 117 119% 115*all5H» 105kMay'04 . May'05 119% Nov'04 142 k Feb '02 131k Jan '05 181% 131V 103 109 121 121 105% Sale 105*2 Apr'04 Sep '03 121% J'ly '05 123 107 Sale 98% , 97 J 110*4 110%' 127% 130..! J-J J-J 105 104% 107 110*4 Mar'05 127% J'ue'05 J-J J-J May'05 105% Jan '03 98*4 97% 101*4 Sep '04 97 J'ly '04 95 J'ly'05 98% 93 94 96*2 96*4 84 117 110*2 113 111 III 104 IO6H1 113*4 J'ly '06 105 .... 98% 99 104 k Nov'04 .... 129% F-A 101 M-N 103 115*2 U9kl2o 106k 104% J'ly'05 112% A-O 110k M-N 117% M-N 117 F-A M-S 100% M-S 106% M-S 105 M-N 108*4 M-N 1*8*4 F-A 117% M-S 131 M-S 97 llOkApr'06 101*2 137 116% 116% 105% J'ly'05 102%May'04 I01kl0l% 101k lolk 103 Nov'98 105 134 112 109% 111 % 1 10 k 113% 106 110k 121*4 109k 111% J'ly'05 108% J My '05 111*2 120 114% 117 114*4 102 i33k 13S*2 I18kl22 119k U9H« 115% May'05 107% 109 . 108*2 110 111% 114% 117 k 112 112% 106% Apr '05 . '4 10*% 111 k J'ne'05 115 k Aug'05 112 Alar'05 137*2J'ly'99 105 k 109% MN 106 1 118*8 .. '4 r'4%107% '05 '05 Aug'04 Api '05 115% May'05 115% 125% 129 A-O M-N M-N M-N M-N M-N M-N M-N Mai Apr 01 111% 114% 106 185 . 109%'; J-J 107*4 Aug'05 111 109kJ'ne'04 97 97 6% Api 05 May'05 119% 114*2 118 M-N y-F '05 111k J'ne'05 . J J A-O A-O A-O A-O M-N M-N A-O 1 106*4 108 vi 106*4 loo Hi 100 100 134 J'ly'05 112 J'ly'05 110*8 Aug'05 . Ill J-J J-J 110*4 110 1 12% J'neMo I05*8l05°t 104% J'ly'05 138% 138 k J My '05 121 122 Aug'05 109 J-J Api 80*4 103 101 95 96*4 106% 105% Aug'U4 110*4 Jan '115 A-O 109% A-O 102% 10;% 102% M-N 107 107% 107 J'ly'05 M-N 106*4 J'ne'05 M-S 1'-'- lll% 05% 110*2 06% 10, a HOk 107kJ'ue'O5 iii"""*! 1 1 90 120% 126 123 123 9 104% 107 "a j 70 Mayoi 99% 95 95 79 85 Dec'04 May'04 84% 1506 Sale 95 76*4 Sep 'Oi 96 k 97 J.J 108% M-N 112*4 A-O 109 k 95 103 115 110 97 215 Aug'05 Apr'05 90 k 97% 110 115% 15 U5 109 110% ' 1 J'ly '05 on Next l'uge. Railway 111% 109% Aug'05 108% 112% Met St Ry—£CoJ»;Re£ g 4s2002 J-J 90% Sale 88% Lex A v <fc P F 1st gu g 5s 1993 90% 572 83*4 91*1 J-J 100% Third Ave RR con gu 4s 2000 108% May'05 108% 108% M-N Third Ave Ry 1st g 5s. .1937 106 Feb'05 106 106 F-A 108% sale 108 k 108% 9 108% 113*4 Met W S El (Chic) 1st g 4s. 1938 F-A 92k 93 J'ne'05 92 98 k Mil El Ry & L 30-yr g 5s. 1926 F-A 93 Aug'05 91k 98 91% 96*4 Minn St Ry 1st con g 5s. .1919 Street A-O 109 J-J J-J 87 89 102%.... A-O 87 94 F-A 93*2.... 94 k J-J 114 116% 121 Friday; latest price tins weeK. Sale 89 101% J'ly '05 95 J-J J-J J-J F-A Bway<fc7thAvlstog5sl943 J-D Col <fe 9th AV 1st gu g 5s. 1993 M-S •No price J-J J.J J-J See So Pacific Co Chas<fe Sav See Atl Coast Dine Olies & Ohio g 6s ser A..A1908 Gold 6s al911 1939 1st Consol g 5s MISCELLANEOUS BONDS—Continued Street Railway Brooklyn Rap Tr g 5s 1945 1st refund conv g 4s 2002 BkCity lstcon 6s. 1916, 1911 Bk y Co <fc S con gu g 5s. 1941 Bklyn Uu El 1st g i-5s.l950 Kings Co El 1st g 4s 1949 Stamped guar 4s 1949 Nassau Elec gu g 4s 1951 ConnRy& Llst&ref g4*as'51 Den Con Tr Co 1st g 5s.. .1933 Den Tram Co con g 6s. .1910 Met Ry Co 1st gu g 6s. .1911 Det United 1st con g 4Hjs.193'J Havana Elec consol g 5s. 1952 Louis Ry Co lstcon g5s..l93o Met St Ry gen col tr g 58.1997 1 Ask Low Hifjh No Low Hinh. 93% J'ly'05 93 95 Rid J-D 94 Q-M M See N Y C 11 CedRIaF<ftN A'eeUCB&iN Lust Sale Range Since 2° January M-S Registered Sinking fund deb 5s Registered 123 100 118 Week's Range or Cent Pacific Debenture 5s M-S A-O z _ /Vie* Friday Aug 18 M-N Illinois J'ly'05 96 Gsi—t Continued Oliatt I)) v pur mon g 48.1951 Mac & Nor Div 1st g &S.1946 Mid Ga& Atl Div 5h 1947 191'' Mobile Div 1st g 5s ;ent of N J geu'l gold 5h. 1987 Registered A1987 Dock <fe Itnpgu 5s.. 1921 Le <fc Hud It gen an g 5s 1020 Leh <fc Wilks B Coal 5s. .1912 (;on ext guar 4Hi8 fflOlO N Y & Long Br gen v, 4s 1941 oi Registered 1992 General gold 4k« 103*4 108*4 1992 Registered (99 k 101*8 Craig Valley 1st g 5s. ...1940 92 96 R & A Div 1 8t con g 4s. .1989 oi $oto a. 1989 2d consol g4s Warm Spr Val 1st g 5s.. 1941 101*2 101*2 Greenbrier Ry lstgug48 '40 Clue & Alt RR ref g 3s. ..1949 Railway 1st lien 3*28.. .1950 1950 Registered Chicago Burlington & Quin— 6 9rt *4 Central Denver Div 4b 15-4 loo 97% Feb '05 F-A F-A A-O 1st gold 5s 1934 A-O Ala Mid 1st gu gold 5s 192s M-N <fc '04 irj-'i 105 k Dec'04 1 03 *4 Lee '04 136*2 JMy'Ol 94k Railroad Cent aw So By labuMidl See At Coast Line Albany <t suwi bee l>ei & Huu Allegheny Valley see Peun KH Alleg & West See Butt R &. i> Ann Arbor 1st g 4s A1995 Atch T & 8 Fe gen g 4s.. .1990 Registered 1996 Conv g 4s (subscrips)..1955 Adjuslineul g 4s /(,1995 Sav F Oct 117 Small Alabama '05 100*4 <>et '00 102*2 Mar*02 111 Mar'o2 J-J 1924 F-A Louisiana new consol 48. .1914 J-J North Carolina consol 4s. 1910 J-J 6s 101k Jan 99 99 99 1906 J-J 108 105 k lu4 105 78 132 k 132 V 132*4 133 109 110 ' 99 » *4 104 104 J'ne'Ofj 104 8 104*s 132 7 8 J'ue'05 133 J'ue'O.: 109 J'ne'05 10034 STOCK EXCHANGE Wekk BHDOfa AUO 18 Am State Securiiiew Alabama class A Class B 5s Class C 4s 1 High So Low High 104% 104 k lOSWly'OS 104% 104% 104kJ*ne'05 /cl91>U 8 8s coupon U 8 8sregsmall bonds. .fc)9ls k\ 91 > bonds.. U 8 3h cou small /W 907 8 4« registered '11907 U S48 0oiinon 1926 U 8 4s registered U BONDH ill U B 28 consul regislered.cn 930 V 8 2b oouhoI coupon (11930 Arl91>US3s registered I'AIJES N. Y. January Last Salt Ask Low Hid Weekly and Yearly Record, Friday OCCUPYING) FDUK 94*2 Aug'O 94% 87 9S 91 101k J'ne'00 94% 109 114 Mar'Os 114 116% J'ly 'Of 94% 96k 92*2 114 95 St Jo RyLt St Paul City H&P 1st g 58.1937 Cab cou g jj J-J J-J F-A F-A 91% 91% 118% 120 95% 96*4 Sale 117% M-N J-D A-O A-O J-J 91% J6'4 l Feb'05 Oct '99 106% Nov'04 95 106 100 90 117 23 94% 120% 94% 97% 116%: 18% 90 96 .4' . 110 111*2. 99 27' J'ne'05 118'4 Apr'05 J-J 5s. 1937 J-J Underground Elec Rys of Lon don Profit sharing 5s. ..1908 Union Et (Chic) 1st g 5s. .1945 United RRs San Frsf 43.1927 United Rys St L 1st g 4s. 1934 W Chic St 40-yr cons A-O M-S Sale "96% Sale" JMy'Ol 99 98% 106% J'ly'05 90% 91k 87k 87 % J'ly '05 5s. 1931 Ai-N 99 97 100% 106% 106%' 87% 91%; 85% 89% Dec'97 120% Gas and Electric Light 116%ll9k 120 J'ly'05 118% 121% Atlanta G L Co lstg 5s... 1947 J-L Due Aug oD ue Got a Due J an <i Due Apr « Due M.ay y Duo „ ae /vDuo.ly *• p Due Nov «Option sale : ' Aug. 19 1905. BOKIM Price STOCK EXCHANGE Wekk knkino Ava is L A Pitts tiff Penn O P M * O cor 8a. ..199(1 i; \N . W .Mull uen N. Y. January 1 37 4 J'ly '05 OS Dec '113 1354 Apr '05 129 s, Mar'ui 125 4 Aug'05 964 J'K '06 96 96 115 J'ly '05 vii" 95 J-J '.'. .. .. 95 133*8 138 tlisolllo'.' Q-ii 135"" 136 > .vwl'Kl*? DAI W .>ff U C C & 1 St L A Cm SAC Sfe C C St L ' Oct May'O.-. 111. W\ 96^ I ClevCtnC A 1284 1964 8tfV» B8 his, 98 1144 W L Div 1st col tr pt*a..l99(J Registered 1991 SprACol Div 1st c 4s. .194c Val lnv 1st g43...194i C 1 St I. A C cousol 8s.. 193d kl93l 1st polo 4s Keiristercil kl93l Uin S A CI con 1st s 5s . L92¥ 1914 1 consol 7s 1014 Consolsink fund 7s Geuenu ounaol gold 6s. 1934 Kec isi ci'tMi l934 Inil Bl A \V 1st pret 4s. 1910 81 WW CCCA M-N M-N MS J-J 115=4 lt'0 4 l 104 4 jm>- 94 Si J-J J-J 134 132 T g Aug'O. A-O 100«a 1044Nov'01 ft J -I) J-l) & W 1st pi 6s...iil9S8 q-J A Kust 1st con 4s.. .1041 A199n Api Income 4« CI Lor A Wli oon 1st e 09.193: A-O Clev A M arietta MfPeou Kh Olev A Mahou Val e5s...l93t- J-J Clev A Pitts nee Penn Co 1947 J-J Col Midlainl 1st e 4s Colorado A Sou 1st g 4a.. .1929 FA Colam A Green v He* So Ky Col A Hock Val Set Hock Va Col Conn A Term See N A W Conn A Pas Kivs 1st g 48.1943 A-O ««CM A St P Jc tit So Duk alias A Waco See M K A Del Lack A Western 7a.. .1907 M-S (i 1014 115 MornU Essex 1st It... 1914 M-N 1st consul guar 7s 1915 J-D 1910 J-D Reeistered NY Lack A W 2001: 1 75ia Sale 8 lui'\ 100"„ 103 "99^ 7,. 164 Jan 75 93T8 sale J-D "oesii 101 41(121, 112 114 . 121«4 lSl^ 135 98 127»4l 192S F-A lll^a A Hurt 181 Pa Div 7s. 191" M-S Registered 191 Alb A Sua 1st con gu7s.l90i A-O Del MS 73 66 77 904 964 >-. 1st 78.1921 Bridge See Pa RR Denv A R Gr 1st con g 4s. 1936 1936 Consol gold 4 4s Improvement gold 5s.. .1928 193; Rio Gr West 1st g 4s Consol and col trust 4s 1949 Utah Cent 1st gug 4s al917 Rio Gr So gu See Rio Gr So Del Biv RR DesMoiAFtD See C R A X P DeaMAMmii See Ch A N W Des Moi Un Ry let g 5s. .1917 Det M A Tol See L S A M So Det A Mack 1st lien g 4a. 199.' Gold 48 1995 1951 Det Son 1st g 4s Ohio Sou Div 1st g 4s. ..1941 Dul A Iron Range 1st 5a. .1937 Registered 1937 2d 6s 1916 Dul bo Shore A AU g 58..193 Minn ««SlP.M&.M ast Ten Va A Ga See So Ry East 134 149 102 1024 J-J 10634... J-l) 108 104 ... 1031a... ... 9ia4 Sale 93!4 130 M-S A-O A-O 95 116 1024 Sale 113 116 102 4 100 '04 95 70 90 114 97 84 964 116 1114116 J'ne'05 108 s4 J'ly '05 113 34 Jiy '04 107 108 34 J-D 105 1104 J'ne'05 1144 1144 103 Feb '05 10741164 1144117 4 1014103 Terminal 1st gold 5s. ..194:: Regis «6.0tMj each. ..1943 Mid RRotN J Istg6s.l910 WukA Ea 1st gug 5s. 1942 Erie A Pitts See Penn Co 4SW W J.j M-N A-O A-O M-N J-J M-N ... IO834 133 137 1374 134 4 May'05 132 130 Aug'03 10l\ Sale 1014 102 100 103 4 98 4 Jan '04 933, 94 96 94 Sale 91 88 Nov'04 96 4 Sale 96 964 64 94 4 98«» 109 U Sale 1084 109 s. 514 963« 1 1 1264 1264 1244 126 4 Mar'05 104 34 105 1 10 110 Mat '05 3 1204123*4 123 123 4 Ang'05 '05 10234 105 101'* 104 J'ly 135^4 1344 i364 1344J'ne'0o 1154 1134 1174 J-J 116'4 F-A 101 M-N M-N A-O 120 109*4 J-D 1114. FA W 103 107 3 , . 118 116 117 116 101,3 106 « Louisville Div gold 3 4s. 1951 .Middle DivregSs 192] Omaha Div lstg 3s 1951 SI Louis Div gold 3s 1951 Registered 105] Gold 34s 1951 Registered 1951 Spring Div 1st g 34s. -.1951 Western Lines 1st g 4s. .1951 BellevACar 1st 6s 1923 CarbAShaw 1st g 4s... 1932 Chic St O g 5s.. .1951 Registered 1951 LAN Gold 34s ^onsuni uu Detroit City see PG Gas g 6s Det GasCocon A 1144 115 70 173 75 Sale C Co 1923 J.J lstg 5s...l91> F-A J'ly'04 J'ne'05 116 116 117 J'ly '05 117 1144116 Apr'05 104 101 101 106»4 1063, HI U74Jan'05 11741174 110 4 J'ne'05 1094Jau'O5 1094 109 IO84HOI4 105 EdEllliBkn 6<«KCoELAP Kd E 111 See -N Y o A E L H A P "it'l'.'t S" lttoon g 6s.. 1932 M-S Kq G A Fuel GmA P G A C Co Llec Berg Co eg 5s. 1949 J-D 114 4Ang/05 72 4 74 1724 173 113 66 169 8 114 W 4 Oct '0] J'ne'06 107 34 Deo '00 109 4 Feb'!'". 100 May'05 • Mo price loo i'2'4" "i'/4 94 Apr '05 Friday; latest bid and aakod tot* week. 1874 1094 11194 . . 1 4 abutJu A 1931 St L J-J J-J I I High, l.nta 12041244 10041114 116 114 ii3 4 114" : 100 1014 102 4Maj'05 lOlSsSale 103 1104. vi B b 1 BAM 1st g 6s. Rer and ext 1st g 5s ... 1 10278 Aug'05 103 4 99 9841014 102 106 34 109 112 1054 J'ly '04 J'ne'05 ioo" ioa" J-J J-J J-J J-J 1094. 1104J'ne'0f 11041104 ib'3" 113 4Mar'00 102 4 J'ly'O 102 A-O io'i" I014Mny'05 M-S A-O A-O M-N M-N J-D J-J F-A FA 108 102 '.i 80 81 93 J-J 824... 104 4... 121»4 ... 124 ... 1203s... 94''s... 101 11 '4 4 06 '4 103 106 4 1 96 4 94*4 85 4 86 84 84 'Of- J'ly '05 95 4 96 jH Mar'05 101 4 0« '8' 100 Nov'00 l()9 4May'06 109 4109 4 122 J'ly '05 122 122 1034 90 M-S J-D J-D J-D M-S Ian 80 81 ios" iii'i" J 1064 Sale 1064 106 106 4 J'ly't'i" 1034 1064 Mar'o; '~^> 944 96 1074 123 May'91 F-A J-D J-I) J-l> 10141014 Oct 'Oi My '05 Oct '01 70 108 107 J4 105 34 4103 Mar'03 94 J-J J-J J-J J-J Nov'9 J'ne'05 II934 Mar'04 93»8 »y'04 123 4125 1104 Jan '05 11041104 124 M Nov'04 103 1074 106 Mar'04 107 sj 100 120 10234 103 80 113 82 4 107 4 Dec '02 72 T8 Sale 11734 .... J-J 114 34 .... A-O II734 M-N 994. 1104. J-J J-J J-J A-O A-O 9934 J'ly '05 99*8 100 4 119 122 4 100 1034 70-4 814 1204Aug'05 103 1 03 814Ang'05 118 35 1124116 J'ly '05 85 63 73 Oct '00 118 J'ly '05 7234 96 - 85 88 70 764 J-J . 1104U24 112 4 J'ne'05 10841OS4 1174119=, 11334 109 4 Oct '99 115 J'ne'05 99 Jan 'Of 115 99 _ . 99 4. 115 100 115 99 . 105 4 1064 Nov'04 . 1174 Apr'05 111741174 1014 1014JMy'05 101 34 U064 i'62 4" 105 Jan '0;' 99 4 Oct '04 102% 100 4 J'ly'O;' 110 J'ne'04 10334 Aug'05 . . 98 102 '4 107 4 1043g 113 4 11134 105 105 . 1004 103 i'oi 4 1034 105 4 Mar'03 112 Mar'O". I 11138 May'05 O-J 1124 M-S J-D M-N 100 120 J-J J-J 104 4 1043m 1043» 104' 101 e J'ne'04 115 Apr'05 99T„ Sale" 9934 001 1 1 »4 111', J'ne'06 M-N A-O 1174120 1084Aug'05 1194 May'O Q-J M-S J-D M-S J-D M-S M-S M-S A-O M-S - 112"8 11«4. 1204. 106 n 1174120 1144Aug'0o 1184 120 Feb '05 108 4. M-S M-S A-O A-O 919 J-D 1934 Milwaukee Gas L 1st 4s. .1027 N V <i E L H A P g 5s. ..1048 Purchase money g 4s... 1940 Ed El 111 1st conv g 5s. .1910 Istconsol gold 5s 1995 u M-N J-D F-A M-S J-J ChG-LACkelstgug6» 1937 J-J Con O Co of Ch lstgu g5s.'3fi .ID FuelGan lstgu g 5s. 1947 M-N Syracuse Lighting 1st g 5s. '61 J-D Trenton f$ & El 1st g 5s.. 191' M->. 4 94 4 W< strnester Llglit'g g 5a. 1960 J D « 2 1124 J'ly 108 122 119"8 Lii*jiYi*a 112411'- s 0. 106 Aug'05 10441064 120 J'ly 119 117 '(':. US** Mav'O 1 102 122 1194 4105 4 1144 974 4 16 114 11 ' 101'* 11.' on Next I'aue. Gaii nnd Electric Light LacGasLofStLlstg58.el919 Duo feb d Dae Apr \ M N N 4 127" 286 10 1104J'ly'0 . LAN E1CAN Mu 1()1 7 H 101*8 SeeStLASF A St L Knoxville A Ohio See So Ry Erie A Wlstg6s..l937 Lake 2d gold 5s 1941 North Ohio 1st gu g 5s. .194 L Sho A Mich 3 SeeN Y Cent Lehigh Val (Pa) cons g4s. 2003 Leh Val N Y 1st gu g 4 4a. 1940 Registered 1940 Leh V Ter Ry 1st gu g 5s. 1941 Registered 1941 Leh V Coal Co 1st gu g 5s. 1933 Leh A N Y 1st guar g 4s.. 1945 Registered 194 1st glatpf 68.1914 Gold guar 5s 1914 Leh A Hud R See Cent of J Leh A Wilkesb -S'wCentof J Leroy A Caney Val See Mo V Long Dock See Erie Long Isl'd— lstoong58./il93] Istconsol gold 4s A1931 General gold 4s 1938 Ferry gold 44a 1922 Gold 4s 1932 Unified gold 4s 1949 Debenture gold 5s 1934 Guar ref gold 4s 1949 BkJyn A Mont 1st g 6s.. 1911 1st 5s 191) NY B 1st con g 5s 1935 N Y A R B 1st g 5s 1927 Nor ShB 1st con g gu 5s ol932 Louisiana A Ark 1st g 5s. 1927 Loulsv A Nashv gen g Us. 1930 Gold 5s 1937 Unified gold 4s 1940 Kegistered 1940 Coll trust gold 5s 1931 8-20-yr coi tr deed g 48.1923 H A Nash 92 A-O A E H5 85 1024105 4 1014 1 1084 101 NYAQE1 IxfePlstcoug5sl930 F-A N Y A aichGaa 1st g 5s. 1921 M-N Pat A Pa*u A E con g 5s. 1949 MS PeoGaaAC 1st con g Os.194:: A-O "894 "924 Kef uniting gold 5s 1947 M-S Not'03 112 Gen Electric tleb g 3 4s. 1942 F-A 90 4. Gr Rapu LCo l»t g 5s... 191 5 FA Hudson Co Gas 1st g 6s. .1949 M N i'104 KauClty.M. ,,(,,-,., lstg 5s 1922 A-O 99 4. Kings Co El LA P g 5«.. .1937 A-O 109 PnrctutM money h.-,.. 19tf7|A-0 124 *d tl II hkn l»tix,ii v An 1939| J.J 9434 D'O 74 J'ue'03 See 61 91 118 9941034 1004 J'ly '05 101 .\0 Oct '04 Apr'05 101 114 88 J-J 1st g5s 1935 J-J 1st guar gold 5s 1935 J-J Ind 111 A la 1st g 4s 1950 J-J Int Great Nor lstg 6s.. 1919 M-N 2d gold 5s 1909 M-S 3d gold 4s 1921 M-S Iowa Central 1st gold 5s.. 1938 J-D .MISCELLANEOUS HONDjS—Continued Una nml Electric Light Bklyn U Gas 1st cong 5s. 1945 M-K BuBalo Gas lot g 5s 1947 A-O Consol Gas convileb 6s 1909 J.J 1951 1951 1st g 4s. ..1951 Kentucky Cent See Keok A Des Mo See 1084... 1144... ... //((//! 1204 Aug'Oft 1114 1114 114 Apr 05 105 Mar'9 1114 Aug'O. 89«4 89 4Aug'0f- Kan C A Pacillo See M K A T Kan City Sou 1st gold 3s.. 1950 A-O Registered 1950 A-O M-N M-S M-S A-O 1144... /,O!0 I? January 115 113 A H KCAMRAB 117412034 A Clics Relunding g 4s 1094 1951 M-S Jeflerson RR See Erie 1074110 98 101 Kai A A G R See L S A M 8 94 4 an A Mich See Tol A O C 89 K C Ft S A M See St L A S F 100 Sep '04 95 41'ly'Ot. 81 a4 Mar'05 95 93 34 115 J'ly '05 97 1034 1*034 1204Aug'0r. VA Ky See <ks I 1st rol A t g 5s M95'an A St J o See C B A y ousatonio See N Y N H A H Hock Val lstoousolg4 48.1999 Registered 1999 Col A H V 1st ext e 48. .1948 Houst K A Tex See So Pac Houst A Tex Cen See So Pac (Jo Illinois Central 1st g 4s.. 1061 Kegistered 1951 1st gold 3 4s 1951 Registered 1951 Extended st g 3 4s 1951 1st gold 3s sterling 1951 Coll Trust gold 4s 1062 Registered 1952 O A Tex gold 4s ...195: Registered 195; Cairo Bridge gold 4s 1950 IndDec A 134 120ia. J-J (irtt>iibner St LSouJst gu g4s Ind Bl A West see C G C M-N M-S tr4s 1921 J J 102] Q-J Registered Elgin Jol A East 1st g 58.1941 Elm Corl A M o See Leh Erie 1st ext gold 4s 1947 2d eit gold 5s 1919 3d ext gold 4 4s 1923 4lh ext gold 5a 1920 6th ext gold 48 1928 1st consol gold 7s 1920 1st consol g land 7s 1920 Erie let con g 4s prior. .1996 Registered 1996 1st consol gen lien g 4s. .1996 Registered 1996 Penn coll tr g 4s 1951 50-year oonv 4s 1953 Burt A bine 1st 7s. .1916 BOJB gold 68 1908 Chic A Ene 1st gold 5s. .1982 Jen RR 1st gn g 5s....al909 Long Dock consol g 6s. .1935 Coal A RR 1st cur gn 68.1922 Dock A Imp 1st cur 6s. .1913 N Y A Green L gu g 5s. 1946 N Y Sua A 1st ref 58.1937 2d gold 4 4s 1937 General gold 6s 1940 MS Nor—O BAQColl Meinph Div ot ANY AS A Regist ered . h, 4 134 100 108 1094 Sep 110 4115 102 106 142 41424 9134 9134 61 Jan '02 105 4. 98 95 112 Apr'06 108 ... 1094 99\ 100 l4 100 J-D J-D J-D J-J J-J 127 103 105 105 4108 J-J M-N 4 1283g 1313, May'05 Aug'Oi Feb '03 May'O Aug'01 139^ A-O A-O 129 a 133^2 127»4 127 112 4 May'05 ... M-N J-J 1104 108 126 18 12734 130 103 '4 J'ne'O.'. 1023i J'ly '05 142 4 Mai '05 1906 A-O liar :il LN 1164 1164 '0. 76 V 94 101 714 84 69 lOO^... 1923 M-N 103 1U4I-. 104 Tenu A improve 4s 107 Syr BlngA S Y 1st 7a.. 1906 A-O 106^107 Warrenlst ret gug34s. 2000 F-A 134i«.... 102 Guar gold 6s Rens A Saratoga • (lull 1004103 109^4 ... 108 Mar'05 IJ6I4 1267e 126 l4 J'ne'05 128 Si 130 128 4 J'ly'O 127 J'ne"05 1st 6s.. .1921 J-J Construction 5s W 1 llSi"..... 93 JO WA til 884 '1 gug 34s Kort St U D Co 1st g 448.1041 J J Di>n C lstg(is....l9Jl Kt Ft * Knxir 1st g 4s... 1928 J-J 1014 '•. 96'h 101 101': 9:''4 Ang'Ofi 76 Sale 75 4 le*-. liOHi 112 4 Feb 'o-i 1124 IVrc M:u hut A lVr<> Pitt 06 I'ciiin 6M8ea Air 1. im 104 19 08 Aug'O:: 123 Q-J -:i\ 'or> B9*4 Eeb'0;"> 102-' A ik 121 111 4 Sale 116 105"8 or .See 100 1 90*4 103 4 Aug'O." 100 Oct '0-1 4 1 . M 101 116 lUUagMai'O. KH'4 100 1033* 1004 ..... 100 4 103 1 AV«SoPaoC<i 'alH A U Of 1882 1st 68.1918 A-O Qeorgia A Ala Sre Sea A Line tin car A Nor See Sea A Line (ieorgia Pacillo See So Ky uila V G A Nor See So PftOCfl 'i.niv A Oswegat See N Y Ceni 'l rami Rap A I ml See Bonn UH G ray's Pt Term See St L S W '01' Jan '04 106 103 J'lyo5 Aug'u" lolHi 112«a JMy , U& V±L->4 J'ne'oi M-N Ini1 Peo 1st ret 1 ' J'ly'O. 102 4 103 * J-J tiang* Since Range Last Sale I 1 A Mali .Vf B K A st been s 4a 1998 J-P 193* J-J Cairo Div 1st gold Is A M Div 1st g 4s. 1991 J-J Cln Clearfield 113 111! * 103 MN St 1044Deo'03 '4 loo CUi H A 1) oousol 8 I 7s...i;hi: A-O 1887 J-J 2d gold 4 4* 1st mi if 5s. ..1941 Cln 4s. 1953 J-J 1st ni | Cm I A- 1st cona 68.1921 1942 A O 1st general gold fts Mt Vernon 1st gold 6a.. 1923 A-O Suil Co Branch 1st g 68.1930 A-O 026 J.J tCv A ml st con gu g 6s. H'argo A So See Ch M A st i 1 ATI! Week'* tYidau Aug IS Hid High Lo\b SM PereMaro ChocOAGitlt O Jvo 1 i'35'4!! ort rsl tn.l *-c Price STOCK EXCHANGE ss WKKK KNUINH AUO 18 Sine* High Loio -<J 1364.. J- B8...103< J-J 8a.. .1919 A-O Chicago Ter Trans g 4s... 104 Chic ib Clue A Last Sale IS to Nor Wisconsin 1st St P A S CUV 1st Coupon Aug or Kvans 348.1V3U J-D 1st g 6s 191 - M-N Cons 6s reduced Ch St P A Minn Kange 655 2 BONDS Kan ye Wettc's tYidav Win IT, ict SI L See Atc-li let Sa h> Chic St L 4 N O Set 111 Cent Chic St ' Bond Record— Continued— Page j N. Y. Clilo St 1 'H : IO734 Aug'05 '1074. 105 4 Miiy'H. '02\ 92 4 Aug'03 110 110 1104 110 02 914 92 914 105 JMy '05 105 4 106 ' 1 1 ti 101 4 4 1004 JMy 'OR 08\ 108 4 1084 10.) KM 105»4 LOO Due M»y /iDuoJlr *DaeAag e Aug'OC M»y'05 1044 J'uo'05 LOO i'16'4. - 1 1184 1194 105 1 1084 -. 1 May*06 M«r'05 KI54 M»y'05 124 125 108 IDS 1054 1064 92 B 108 '4 91 103 'kK 1194 Apr'05 106 103 100 10734 10:"4 110 113 May '05 Jan '05 or. '4 : 123-4 1 1074 i" 1 KM 107 1 « I U '4 1044 ' 110 « 1114 113 Due Oct gDaeDeo #OB«oj>_sal» Bond Record— Continued— Page 656 BONDS STOCK EXCHANGE N. T. W«n ending Aca 18 A NashT-(Continued} L Ctn A Lex gold 4%8...1931 J* O A M 1st gold 6a.. ..1930 1930 N O A M 2d gold 6s Aug Last Sale 18 M-N 109% J.J J-J 12H 124 112 M-P MS " 123% 75 113 70 101 ]ii" F-A 116 Hi. Ala con gu g 5b. .1986 F-A 1910 A-O Sink fund sold 6s Jell Bdge Co gug 4s. .1945 M-S 112V . A Pens SAN All 1st LA L N A A CU gug See C Mahon Coal 1 . 6s.. 1921 W 4HV J-J J-D J-J fly J'ly M-S M-S J-D Minn W ANW M '35 MA Ft D 1st guB 4s... RA A C St L gu See 2d (told 4s 1st ext gold 5s St L Div 1st ret g 4s. ...2001 Wa 1st gu g 5s. ..1940 Dal A Pac 1st g 4s. ..1990 Mo K E 1st gu g 5s.. .1942 Ok 1st gu 5s 1942 A 1906 1920 1st consol gold 6s Trust gold 5s stamped. al917 Kegistered t»1917 1920 1st coll (told 6s 1945 40-year sold loan 4s Cent Br Ky 1st gu g 48.1919 LeroyAC V A List g 5s 1926 Pac ft of Mo 1st ex g 48.1938 2d extended (told 5s. ..1938 St L Ir M A Sgen con g 5sl931 Gen oo n stamp (tt d g 5s 193 1st extension gold 6s..7il927 M-S J.J J-J J-J A-0 M-N M-N M-N M-S M-S F-A M-S FA J-J F-A J-J A-0 A-0 u MAO Mohawk A Mai SeeNYCAH Monongahela Biv See B A O Mont Cent See St P M A M Morgan's La A T See S P Co Morris A Essex See Del L A W X] ash Chat A St L 1st 78.1913 J-J 1928 A-0 1st consol gold 5s Jasper Branch 1st g 6s. .1923 J-J McM M A Ai 1st 6s. .1917 1^1 W A Shef 6s.. ..1917 See lien 11514 Mar'05 115% 116% 110 Mar*03 99 % J'ne'05 Mich Cent "99i4 Mar'05 104%. 104% 106%107 3 104 Lo9 < 104 3 97 h Mahon CM KB 2<i 112%U3 99% LAN 4%s.l926 J-J 1951 A-O New HAD See N Y N H A H N J June KB See N Y Cent New A Cin Bdge See Penn Co N O A N E prior lien g 6s pl915 N Y Bkln A Man Bch See L i NY Cent A H Rivg3%s.l997 Registered 1997 Debeu g 4s 1934 Lake Shore collg 3%s.„1998 Registered 1908 Mich Cent coll g 3%s 1998 Registered 1098 Beech Creek 1st gug 4s. 1936 Registered 1936 2d gu gold 5s 1936 guards 107 104 106% 109 Apr '05 J'ue'1'5 A-0 J-J J-J M-N F-A F-A F-A F-A J-J J-J J-J Beech CrExtlstg 3%sol951 A-O A Ad 1st gu g 4s.. .1981 J-D Cart Clearf Bit Coal lsts 4s. 1940 J-J 1 Gouv AOswelstgugSs 1942 J-D LAS 1st 77% 57 24 34 57 97 16 78 23 34 15 15% Sale 1934 191" . 1940 1940 74 105 May'00 J'ne'05 110% 17'e P6<, 1922 J-J 1989 M-N UlSf 120% 122 113^ 113 114%117 95% l 4 :, 4 98'f. 96 101% 103 101 14 Nov'01 98 14 99 102 34 103% Sale 102 34 103 34 88 k Sale 11-5% 108 93 Sale 86 % 107 93 107 93 108% 105% Dec '04 93 113 l 4 107 109 7 88% 207 1'23% io6%J'iy'i)5 108 108% 104 34 J'ly '05 122 Aug'05 108% 108% Aug'05 108 Sale 104 34 94% . 109% Oct 93% Sale 93% 96% 96% 96% 102 112 103 4 121% 107 125»8 106 -2 110% 107 110% 94 34 96% 95 98% 104%110 103 105% 116%U8 34 115% 119 96% 122 93^4 J'ne'05 96% May'05 4 115 115 j 20% J'ly 'or< 1 17 14 Mar'05 105 105% May'05 113 113 34 126 99 95 I15'e 95 120% 123 U4%117 119 121 117% 117% J'ly '04 83 34 84 84 105%105% 16 79 3i 84 . 4 99 34 ii9'>8 J ly'05 98 34 100% 99 100% L01''8 101't 100% 102% 99 101 % sale 90 90% 88% 89 90 % Sale 87*4 100% 1 , 90 % 90% 90 Aug'05 89% 90 89 yo% 93 90 3 4 89% 91% 90 J'ly '05 !05-\J'ly'05 102 Mar'04 89 90 105% 107% 107%. 89% 2d 5s . . 95 . Apr '02 107% J'ly '00 . 105 106 Oct '02 106 It) 103 107 124 120 106 105 115 118 l4 119%Mhi''i>5 118 118% Aug'05 U7%119% 107% Feb Ol 105% IO534 . , 125%. 1917 A-0 105% 119% 107% 107% 106 104 Mar'05 131 34 Apr'03 104 34 Sale 104 104 34 103% Jan 33 103 112 112 133% Jan '0:" 132% May'05 132% Dec '04 102% 103 106% 103% 103% 'i>l. 132% 130% 130% 102%102 34 112 111%112 133% 183% 132% 132% 104% 100 99 34 J'ne'04 97"ibo% 94% 98 99%J'lv'u5 98 98 98 109% Feb '05 107 102% 103 103 77 Q-F J-D J-D F-A Q-F F-A 'e '()•/ 109% 109% Aug'05 100% 99% 104 34l06 34 03 % 105 % 1 75% 78% J'ly'05 74 J'ly '05 132 111% -i 99% 125% Apr '05 123%. 103 100 106% Sale 105% 106 '4 104% 104 34J'ne'Oc, 77 Sale 77 77% Q-F 77 101 125% 126% J'ly '99 112% J'ly '03 108% . loo% . 109 J'neO" 107% 109 114%. 100% Apr o 92% Apr '05 114%Aug'0" 115 112 118%Feb'05 Ul%J'ly'05 118% 118% 111% 113% Oswego A Rome See O C F A St P See C A N Oz'rk A Cher C 1st gu 5s g.1913 A-O 194b J-D Pac Coast Co 1st g 5s 101 101 101 ii4 34J'iy'0f 112 Panama A-O M-N 104% J-J J-J i08%i.09" 92% 99% 101 9<:% 92% 114%116% Nor Wis See C St P M A O Nor A Mont See N Y Cent g J-D General gold 5s 1937 A-0 Ore A Cal See So Pac Co Ore RR A Nav See Un Pac Ore Short Line See Un Pao NYC W ac of Missouri See Mo Pac 1st s fund g4%s.. 1917 Sink fund subsidy g 6s.. 1910 Penn Co Guar 1st g 4%s.l921 Registered 1921 Guar 3%s coll trust reg.1937 Guar 3 %s coll tr ser B...1941 Tr Co certif's gu g 3 %s.l910 C St L A P 1st con g 5s. 1932 Registered 1932 CI A Pgen gug4%sser A. '42 Series B 1942 Series C 3%s 1948 Series D3%8 1950 M-N A-O A-O J-J A-O M-N F-A N A C Bdge gen gu g4%s 1945 J-J 1940 1942 1942 1945 1949 A-O A-0 M-N M-N P C C A St L gu 4 %s A. Series B guar Series Series Series Pitts Ft C guar D 4s guar E 3% guar WAC g . . F-A 102%104% 104% Aug'05 Apr '02 108% 108% 106 102 94 98 120 98%. 119%. 115% 116% 98% 97% 97 97 104 114 114 106 106 J'ly'05 94 97 94 J'lv'i 5 115 1 113 114% 112% 113% 103 J'ne'05 93%Aug'0."' il'2%113 103 103 93 93% 1 13 J'ne'O 13% J'ly 'o; 112% J'ne'05 . 127% Oct 119 98% 117% 120 J'ne'O! 96 Jan '04 102 Nov'ou 98 34 Apr '04 104 92% 108%111% Jan '05 Nov'98 10S%Aug'03 J-J A-0 M-N M-S M-N J-D M-N M-S CI A Mar 1st gu g4%s..l935 M-N D R R R A Bge 1st gu 4s g.'36 F-A Gr KA I ex 1st gug4%sl941 J-J 99% 101 115% 102 1st 7B...1912 J-J 2d7s 1912 3d 7s MQVi real KK 1st est 4s. 1923 Penn g 1919 Consol gold 5s 1943 Consol gold 4s 1915 Convertible g3%s 1912 Convertible g 3%s Alleg Val gen gu g 4s. ..1942 MISCELLANEOUS* BONOS— Continued 113% 115 M-S "93%;"" Erie A Pitts gug 3 %s B.1940 J-J Series C 1940 J-J 99% Sale 98% 101 90 Nor — J'ne'05 1 '4 96% U3 34 ismj'iy'oe 117% 113% 112% See Gt 6s.. ..1923 Kegistered certific's..l923 StPaulADul 1st 5s.. ..1931 124 119 106 96 % May'04 J AW See C C C58.1936 A St L OInd lno River RR 1st 114 34Apr'05 95 Fnb'05 101 Nov'04 3 ISty 6 J'ly 05 Q-J 93% 95% 100 126 l C B A Q coll tr 4s StP A N P gen g 1997 a2047 a2047 1996 93 58 96 3e 94 98 llvi%117 91 99 101 119 115 Registered General lien gold 3s Registered St Paul-Dul Div g 4s Registered 1 93 % 125 34 129 Sale W 1st consol gold 4s 1968 J-D Wash Cent 1st g4s 1948 Pac Ter Nor Co 1st g 6s. .1933 j :? Nor Ky Cal See So Pac '03 124% 125 129 VAN Elstgug4s W 93 14 Apr '05 98% Aug'05 129 129 98 Scio 109% North Illinois See Chi A N 107% 107% North Ohio See L Erie & 104% 108% Nor Pac— Prior lien g 4s.. 1997 Q 3 Ul%Mar'04 92% CCA T 1st gu g5s 106 110 Mar'06 L05 J'ly'05 118 34 J'ne'05 1 16% 117 103%.... 116%.... 116%.... 88 34 111 106%lo7% 10741 Aug'06 96% 96 96% 97%.... 97% 974i 104*8.... 84 34 15 103 34 108 6 87 93 !'6% 96 3< 114 J'ne'05 116 108 % 107 34 108 lo9 169 107 100% 104% Feb'uf. J'ne'o 105% Mar'05 101 114 104% IO8 3 137 108 34 124 . 937 N Y A Greenw Lake See Erie N Y A Har See S Y C A Hud N Y Lack A W See D L A W N Y L E A W See Erie N Y A Long iir See Cent of N J N Y & N E See N Y N H A H New York New Hav A Hart— Housatonic K con g 5s.. 1937 M-N N H A Derby con g 5s.. 1918 M-N N Y A North See N Y C A 11 N Y O A W ref 1st g 4s. gl 992 M-S Regis 85,000 only #1992 M-S N Y A Put See N Y C A H N Y A R B See Long Island N Y S & W See Erie N Y Tex A M See So Pac Co Nor A South 1st g5s 1941 M-N Nort A West gen g 6s 1931 M-N Improvem't A ext g 6s.. 1934 F-A 1932 A-0 New River 1st g 6s N A W Ky 1st con g 43.1996 A-O Registered 1996 A-O Div'l lstl A gen g4s... 1944 J-J Pocah C A C |0int4s..l941 J-D 137 124 '63 101%. 103 105 34 1 1 Jan 113 34 Jan BWAOTHlst gu g 5s. 191s Kegistered < 100%. R WAOr.on 1st ext 5s. /tl 922 OsweA R 2d gu g 5s...el9] 5 94% 99% X Y 124 119 106 . 97%. 1 26% May'O. 106%Nov'O(i 1901 1982 Bat C A Stur st gu g 3s. 1989 N Y Harlem g 3%S...2000 2000 Registered NYANorth 1st g 5s.. 192" 79 124 103% 103% 109% Apr '01 116%. 108 . 73 t8 19 11 99%101% 102 di 100 114%. Utica& Blk Klvgu g4s.l922 Chic & St L 1st g 4s. 937 "7% Aug'05 90% J'ly '01 97', Moh A Mai 1st gu g 4s. .1991 M-S 100 N J June R gu 1st 4s.. .1986 F-A 101%. N YAPulstcongug4s 1993 A-O 105 Coal and Iron Col Fuel Co gen gold 6s... 1919 M-N Col FA I Co gens t g 5s.. 1943 F-A Convertible deb g 5s 1911 F-A 122% <fc 78 Sale 24 '4 Sale MayO 135% 138% 139 . g3%s 6 ib"7%il0** 25 107 109% 99% 102 122 121 g 3%s 102% 102 1 Higfi l,ow 99%J'ne'0;-. 1931 1931 1st High Ac 100%J'ly'05 101% Sale 108 Registered J 102% 1st consol 6s. 1909 6s Since 13 January 109 % Sale ii'9%"i<>9\ 109>4 109 109 108 101 100 1st 6h.. 1934 McKecsA B Vlstg6s Range Week's Range or Last Sale Ask Low Bid McK A Y 1st gu 6h. 1932 Kegistered 104 104 .. 114 4 J'ne'05 11'5-VllS 97 % 98 34 97% J'ly '05 97*4 Aug'05 1938 General gold 4s Moutgom Div 1st g 5s. .194 F-A St L A Cairo coll g 4s..el930 Q-F 1931 J-J Guaranteed g 4s coll 4s See Southern 1st consol 4s Pitts 110 96 M-IM W Natof Mex prior 110 114%115i4 97 137 Verdi V I A Mob A Birm 1945 J.J Mortgage gold 4s M»l> J A K Cist cons g 5s. 1«63 J-J Mob A Ohio new gold 6s. .1927 J-D Nash Flor 99 "a 98%10u 34 Debenture g 4s 1928 Dot Mon & Tol 1st 7s. 1906 KaA<feG Bl»tguc6s.l938 114 97 115 112% Mar'05 . 121% 121% 1st gug 58.1916 1st 4s gu... 2361 Registered 2361 Lake Shore gold 3 %8.... 1997 1997 Registered 114 Price tridav Aug 18 Nor A Mont West Shore J'ne'02 i08% J'ue'05 120 '4 Apr '05 113% Mar'05 ref gold 4s. .1920 J-J Div 1st g 4s. .1933 M-N 1st g 6s. 1926 .VIprior lien g 5s 1945 J-J Branch 1st 109 30% 132 126% 126% 108 78 120 TexAOklalstgug5s...l943 M-S Missouri Pacinc 3d 7s TAP 109 138% FA KanC A-0 A M-N MKA M-S M K ATotTlstgug5s.l942 Sher Hh A So 1st gu g 5s. 1943 J-D A AG Mar'05 J'ne'05 J-D j-n A-O J-D J-D 01990 F-A 1944 M-N RlV High. A' MStPASSMcong4tntgu'38 M S S M A A 1st g 4 int gu 1926 Minn Un See St P M AM Mo Kan A Tex 1st g 4s.. .1990 Unified Low I/O Nov'99 1110% May'05 110 Feb '05 A-0 Internal 1st con g4s. 1977 1977 Stamped guaranteed Mex North 1st gold 6s.. ..1910 Y Cent Mich Cent See N Mid ol N J See Erie -See Chic A N Mil L S A Mil* Mad See Chic & St P Mil & North See Ch Minn A St L 1st sold 7s.. 1927 1900 Iowa Ex 1st gold 7s Pacific Ex 1st gold 6s. ..1921 1st 78.19K) South West Ex g 1934 1st consol srold 5s 1st and refund gold 4s. .194!' Mex Des '.i 1 4s A-0 A-0 1st Ser....l907 W : 96% 97 % FA liov FA 4%s . ior> January BON DM STOCK EXCHANGE Wekk BSDDra Auo 18 N Y Cent A H It—(Continued) N. Y. AL SwLS&MS anhattan Ky consol4s.l990 1990 Registered Metropol El 1st g0s....l908 1934 5s Coloniz Man S g See N V Cent McK'pt Metropolitan El 4'«ManRy Mex Cent consol (told 4s. .191 1st consol income g 3s.al939 2d consol income e 3s..al939 1919 Equip* coll gold 5s Coll tr a 109 132 Hange Since 126% Feb '05 114 Apr '06 121% May'05 127 M-S J-J 3*. High ASk Low J-J LA ', Week?* Range or Bid •Louisv Pensacola Div gold 6s.. .1920 1921 St L Div 1st gold Os 1980 2d gold 3s Hender Bdgelstsf g 6s. 1931 Kentucky Cent (told 4s.. 1987 LAN A M A M let g4%8 1945 N-South M )ouit4s.l952 N Fla <fe S 1st gu g 5s. 1 937 Price Friday Vol. lxxii. 3 121 119 107 . 106%. LI 110 106 101% I06 104 34 sale 104% 102 110 110 101 34 Apr '04 Feb "05 1% Sep 102% Sale '02 Mar'04 106 107 '04 Aug'O;: 102% 106% VJ 101%102% 1 101>4l0? Nov'9'i Jan '05 iV6" i'10" , 109% , 111% J'ne'05 111 111% on Next I'ase Telegraph and Telephone 107% Oct '04 103% 103>4 105 103%. 94 90 J'ly '05 Trust Coctfs 87%Apr'05 Col Induslst conv 5s gu A.1934 FA 73% Sale 70% 73% 17" 1st conv 5s gu Series B.1934 F-A 71% Sale 71 72 >4 186 Contin'talC lsts £ gu 5s g.1952 F-A 107%Dec'04 Gr Riv Coal A C 1st g 6s. .1919 A-O 102% J'ly 'U4 Jeff A Clear C A 1 1st g 5s.l920 J-D 107 May'97 2d gold 5s 1926 J-D 102% Oct '03 Kan A H A 1st s f g5s.l951 J-J 103% 105 104% J'ly '05 Pleas Val Coal 1st g s f6s.l928 J-J 105 'Oct '00 Tenn Coal gen 5s 1951 J-J 99% 99 99% Tenn Div 1st g 6s al917 A-0 110 112 112 112 Birm Div 1st consol 6s.. 1917 J-J 110%113% 112%J'ne'05 Can C Co 1st gu g 6s. 1922 J-D 102 Dec '03 2 De Bar C A I Co gu g 68.1910 F-A 101 104% May'05 ,V D-on Coal A Co 1st g 5s. 1949 M-S 90% Sale 90 90% 10 "Noprloe Friday; latest bid and asked this week. i.Due Jan M , 102 85 84 68 Am Telep A Tel coll tr 4s 1929 J-J 1st g 4s. .2397 98 Erie T A T col tr g s f 5s. .1926 tA 90 34 M-N 110 T lsts g5s 1918 89% MetT A 76 4 N Y A N J Tel gen g 5s. .1920 M-N 104% 96% J'ly '05 105% Comm Cable Co 98 109 f 1 66% 74% Union col tr cur 58.1938 J-J Fd and real est g 4%s...l950 M-N VVest fund 6s. ..1911 M-N Northw Tel gu f 4%sg..l934 J-J Mut Un Tel s 111% 112 106 14 107 Aug'06 Oct r.s% 98 98 'v:< 109% May'05 105% J'ly '03 111% 111 5 106% 100 '4 110% Mar'05 ,. 103 96% 109% 109% 108%113 104% 107% 110% 110% J'ly '04 & Industrial Manufacturing 104% 107 1915 Q-F 97 34 985f. Am Cot Oil ext 4%s 100 Am Hide A L 1st 8 t g6s.. 1919 M-S 93% 100 Amer Ice Secur deb g6s..!9'J5 A-O 81 Sale 109% 112 M-S si Os 9 1 101 110% 112% Am Spirits M tg 1 g Am Thread 1st col tr 4s. ..1919 J-J 90 Am Tobacco 40-yrg0s 1914 A-O 116 l4 Sale 103 105 76% Sale 1951 F-A 4s 86 93% 6 Due Fell e Due May jDuej'ne A Due J'ly p Due Nov . . 1 P8 34 Aug'06 100 100% 80% 81 89 % J'ly '05 75% « 77 94 81 101% 87% 90 116% 170 L10%118% 77% 76% H58 71 101% Aug'05 116% 98% 101 96% 100% Option sale. • 1 ' | An;, M ' . Bond Record— Concluded— Page 19(15. lit BUNDS WeeVt Range or Price STOCK EXCHANGE Wrik Knuinq Aro 18 N. Y. ^«1 Friday Aug IS A W 1 st g 4 a 1 P4 3 Son A Lewis 1st g 4a... 19.9 UKJ Kit A Can gen 4s. 19 Peusacola A Atl See LA- Nasi Phila Bal 10P>« . . 100^ 113V, 1 Peo A Kast see C C A 81 Peo A Pek Un 1st g 6s. ...1921 M821 2dgold4Hi8 X. T. : So Low Hiati Lena Hta'i 106»4 10P V vo*4 il"6»as¥p I 1204 100 103 105 U W M 6* 1921 PereMarq— Cli A Si 121^ 1020 A- I'M (T68 1939 1st consol gold 5s 6s.lP3P Pt Huron Div 1st g SagTnsA H Lai Ira * 4s. 11131 Hint 113 s« 116 Penn it it PhUB A w Phlla A Reading cons 7s.lPU guar 6s. ..1932 Pine Creek reg Pitts Cm A si L See Pen Co 23 Si Jan 0.JMy'oi 101 109 Apr '02 121>4 J My '0 113 J My '05 114 J'ne'oS 123«»123U 1 IIP 112 Hi .sre- 119>4 Apr'04 117 126 B Vol rii 6>c 1st goUl 6s Penn Co A Cm 120 Hi Aug'06 I19"g. 118 AO A , 1 98 . 115'< 102^ Sale Reading Co gen 1PPT g 4s 1 yP Registered Jersey Cent coll g 4s. .. 1P51 Kensaelaei A Ba* tH4 1> t\ H Rleli A Dan See South liy 100 Hi 101 S< 117Hj 121 J'ly'97 116 May'Ofi 102 Vj u»2V 100 Jan 'OS lol Aug'05 ne 116 iOO'e lot 100 Loo PSHiioi Southern Den K10 Gr see 106 Hi 75 89 Rooh A Puts K See 76 J'ne'05 78 Jan 89 '05 1P41 103 '4 M»y'04 But-Canadlst gu g 4s...lP4i' lOl^Nov'Ol Rutland 'Pus A H see Pew Muni Sag ,. t Jo A Gr lsl 1st g 4S...1P47 St Law A Adirou 1st g 5s. 1990 lPPli 2d gold Us St LA Cairo we Mob A OI110 St LA Iron Mount See M P St L K C A N See Wabash StLMBr 95 L A S Fran 3d g 6s CI B 1900 lOOli 2d gold Us Class C 1931 General gold 6s General gold 5s 1931 St L A S F KK consg 4s. .'Pi' Southw Div 1st g 6s. .1947 Refunding g 4s 1951 103 103 94 H 103 '.'.'.'.'. 88 96 125 S9 34 Sale 102 See Illinois Cent St L S \Y 1st g 4s ud Ctfs.l98P 2d g 4s ino bond ctls...j)19s9 J'ne'05 8 89*4 99 Sale 84 85 83 >* Sale MA Reduced lop's 138 1933 1 112Hi 116 99 34 100'4 101 102HJ HP 1* 18b 88 14 92 *4 Lee '04 J My '05 32 90'e 88 99 Hi 99 Hi 81 14 Aug'05 82^ 4 1 J'ly'Oo 38'4 Aug'05 104 l4 Aug'05 106 May'Ol 104 34 Mar 05 Salt 110 104 Hs. . 120 136 StPAS'xCity 6«eCStPM AU Lake C 1st g a 1 6s. ..191;. Si'e Pres A Pli 1st g 6s.. .194V: 8 A A A P see So Pac Co S * A N P 1st sink g 5s. 1919 J-J SavFAWest See Atl Coast L Scioto Val A N E See Nor A W Seaboard Air Line g 4s ...1950 Coll tr iefund g 5s 1911 Car cent 1st con g 4s.. .1949 Fla Cen A Pen 1st g 5s. 191s lst land gr ext g 6s...l93u Consol gold 5s 1943 Ga A Ala Hy 1st con 5sol945 Ga Car A No 1st gug 6s 1929 Peab A Boa 1st 5s 1926 Slier SUr A So See M K A T Bli S>jp Oca A U See Atl Coast L Sod Bay A so 1st g 5s 1924 J.J 80 Car A Ga See southern 80 Pac Co— RR 1st ref 4s. 1955 Gold 4s (Cent Pac colli. «1949 Registered /tl949 AAN lstgu g 5s.. ..1941 Cent Pac 1st rel gu g 4s 1949 Registered 1949 Mort «uar uold ;o?s..k1929 Through St L ltl gu 4s '54 Gal Bar lslg ga„191u 2d gold 7s 1905 Mtx <fc Pac lsl g5s 1931 Gila Vlj A -N lsl mig 5s. 1924 Huua h. A I l»t g 5..,. 193a uar 5s red 1988 I W Asa W IC 1st u 5s int gii..l9.;7 1 121 Hj. 109-V 90 34 Sale 104 V W ico A N W 11 iv l-i m 108 Moy'05 90 »8 IO434 97 Sale 953b sale Hi 100 Hi 101 TolPA Wist gold 4s.. ..1917 pr lien g 3 His. 1925 50-year gold 4s 1950 Tor Ham A Buft lstg 4s./il94l! XolStLA 90 \ 22 104 78 20 Feb '05 Jan HI U '05 May '03 102 Jan '03 96'8 97'_ 203 95\ 43 95 94 Mav'iio 104 Aug'05 2« 100-»4 9P'4Mai'03 89 89 '. 9 P =s Sale 100H. 89 89 98% 99"? HO lob'sMar'oy 03 Sep '04 115 Feu '05 U3 127 Exteii UO-. J'ue'u5 95 Jly'oi Hi -i-tere.l . i- l-^i ei ,, 1 . 1 I9.'il Distil .-MCCor inn v lul ;, , Ul ,-.,,. ,. Con 81 >up Co> dab 1 m Kopc A 1 1st K Income cold j« •atl. Co slil..-i 1L St. 1. . L .".s. - s... .,,..' 11 •Xiio uncc in coi 11 .,, i . 101 sale 79'., 81 H, 85*4 81 '106 Saic 00 14 b'l.Uny. i.ile»l I11U IIS" Him 118 97M 100 95H) 1143j J'ly'0.1 II434 fl8 U2»B Jan '05 112 112*« 96Hl 98 108 111 Pel) '0., FeO'02 Dec '04 in^J'iy'os U4Hi J'ne'OG ...... 334 9« Hi 116Hi116H» 114 116 119 Hi 122 H» 114 116 I2l^e 125 123 '4 127 123 110 Hi 98 Hi 101 16 84 Hi 74 62 '4 2Si 114 114 114 7t Hi U7 114Hill4H> 9734 97 114 Hi J'ne'05 97 34 May'05 115 J'ly'05 115 116Hs 1 131k 117 J'ly'Oo 100 Nov'04 112 A-O lllHsApr'05 122 >4 J My '05 I20I4 F-A 100 111 Mm 96 99 Sale Sale 10034 J-J 114 '4 115*8. 118 97 J4 FA A-O J-l) A-O 'a lll> 9 112Hi 123 121 J'ly'Oo 9834l01"« 112H)JMy'04 J.J - 122 Hi 123 96 95 's 106 Hi Aug'05 106 Hi Nuv'04 11634 J'ne'Oo 111 May'04 - 120*4 l-'334 9334 102 IUShIH^ 114Hill63* 10734 Aug'Oj U7 J4 973, 93 91 l4 86 34 Sale 98 99 110 95 Hi 93 Aug'05 92 92 15 8l)34 I02 85 34 98 J'ly'Oo 112 98 H» 95 92 91 89 Hi fc03« 83 97 98 "4 H2I4 J'ue'06 110*8 110« 113 8 93 '."'.'. 96 14 mii '06 95 "4 95 »4 I06 Hs Sale lOf)^ 106 Hi 5: I0434 108 Hi 10534 J'ly'Oo 103 Hi 106 '4 136 ^2 Sale 132% 136 34 173 U2 78 138 Hi 13?34 Apr '05 1163b 13734 ib*3i«i03^ 103°8 103»8 "o 102 104 12338 1233 123 4 127 H» 3 124 4 117-i 117 Hi Aug'05 117Hi 120 90 , sSale 96 7b 19 96 Hi 98H» 9 6 34 J-J J-J J-J M-N M-N J-D F-A J-J f J-D J-D 107 «8 J-J J-J Dec '03 112 . 114HiApr'02 FA FA 103 34 Aug'05 103 34 104»b 110Hill2Hi 112 "a J'ly'Oo 107HillMHi 118 Sale 118 H83B 13 116 HP Hi 107 107 1 107 112 Hi 10/ 90 90 Feb '05 90 73 73 H 7L<8 73^ 122 66 Hi 84 34 102 Aug'Oo 103 102 103 9 2 Hi 92 92 Apr '05 92 110 111 Aug'05 IO934 112 " 90 8 97 Nov'04 88 8 86 Hi 87 88 Apr '05 86 95 May'05 97 96 J.J M-N F-A J-J J-J M-S J-J J-J J-J A-O MS A-O l.09H»Mar'03 9034 114 89 90 '4 Sale 33HiSale J-D J-D 89 A-O J-J AO " Sale 97.ia" 98* J.J 109 H>... A-O Ill Hi ... 113'4... ... Ill 93 93 J-J FA gold 5s...lJ3o 1949 M-S 20-year equip s f 6s ...1922 J-J wiiKes a Boat tfMBrie Wil A Sioux F See St P AM SVis Cent 60-yr 1st gen 4h. 1949 J-J 38 \ 654 37 Hi Nov 1st consol 4s 89 14 21 88 119 H3 r 1 1 Ill 94 119"* U8 34 112 111 114-4 11434 114Hill4'a UlHi 114 B « 9.) Hi 92 102 102 H 1 1 1 1 Hj 93 Hi 93 102 87»< 9tt 34 98 Hi 40 Mar'01 ' Hi 86 Hi 9534 45 7 i 36 118 J'ne'05 J'ne'05 112 Mai',04 114 34 Mar'05 1 14 a May'05 94-'„Sal6 9 1 6iV 88 50 Jan '05 Hi 96 105Hi 1.00 94 102 90 Hi 111; '-. 96 st - 1 i 9 7 ; . 3 1 Due 6a 1 i.o.. 11 ii.-, .• ' 18 g boo . ,i\ • i.h FA 1 .1 loo'., J •'.'ii' 46 4 6 Hi lis H, .1 7Pv >a8. "as. 1921 .".11 i J F-A 4h MS 11." .i.U 96 Hi 97 H 100 Mm lU J'ly' 06 1930 J-J LXerCupplenStat'nA Prop o 1st u 4 His 1st 1 5-20 year.. 19 17 J- Yuba Wat Co eon g 6a Wat Work* 1st 6a - Bad A iter int hIu 6« M>r A. Due - ly » iiuu jr. loot; .1 o u .riy '05 a Due Jan oDuefeU cona 1 Joseph 8lk Yds si 1'4 Aug'06 ' aaHett. I'luviii. -nt 60 auk' lsl Ni-m|i Ne slap ,(. 11 M Y l>ook 60 vi 1st ' 108 1 J'ly'06 >4 FerryCo .v.- U 106 .1 '.'hicJcA st Yard col g 58.1910 .1 J ixt U A; M lit nr inoomes..l91 \ O Moboken 1. golil 6a. ..1910 M-N Mail So, i.ar.li 11 lsl g 5m.. J919 M-N Man I'.ch II .t Lgeu u 4e..l840 .IN j'lyi'., Feb'n.'. 3 8 109 H, llC 99 97Hl>ale * 1 - •- Adams Lx col ir g 4s.. 194s M-S Am Dk A Inip6s See Cent N vin 88 Cool W Va g 5s 1920 M-N H'kl'n 77>a 1 l'lu'v Am;'"'. '4 oi-, I] and 1 >*. H7Hill8 IOPHiAuk'ii;, Hi 101 Hi 1183« 10 H. May'05 116 Hi Aug'06 120 Hi Aug'05 114 Mai '06 121 7„JMy'0.r 126 34 J ue'06 98 Ui'4 I BONDS—Concluded. Si Deo '04 93 191 Hi M Hi 1 Aug'06 1925 „ 1946 F DJ46 1913. loo" '4 j-iyii.') lul aiiy A I eonvdebg S steel CorplO-bu ytbn W- AprU 100 Hi liu U3\ M In i.o lsl B tf»1920 i. 114 Feb '02 '•'aU- 81 '.'.'.'.'.'. 1 Nai f. 109 Int bl I'uinp ln.yr eonv. Kn.. ^.-r IcelChlC) ^1 g 61 .N rtt .-lareii 100 7 A 5i._'7 95 gr g 4s ...1947 J-J A Imp 103 .Miacellunvoua a-o p. a F DA.lulnlF .• _ 1 Registered RR Deo '04 100H loo RR A 1st lien convert 4s Miinuiiictiii-iiiu ils Indiurttioll thei 20-yeai a. 5s 1925 112 W .HI>CKI.L.\M.OI ol robacoo 1H°8 1 1 '4 Oil Hi ) 1952 A-O 1st refund g 4s Pac 1947 1911 1911 Ore Ry A Nav con g 4s. 1946 Ore Short Line lstg6s..lP22 10434 10434 1st consol g 5s 1946 Guar refund 4s 1929 123 124 Registered 1929 135 135 Utah A Nor 1st 7s 1908 Gold 5s 1926 118Hill8H, Uni N J RR A C Co See Pa RR Utah Central See Rio Gr Wes Utah A North See Un Pacific Utica A Black R See N Y Cent Vandalia consol g 4s 1955 Registered 1955 see Mo P 108 108 \! er Val ind A irginiaMid See South Ry VaA Southw't 1st gu os.2003 84'4 92 1939 Wabash 1st gold 5s 2d gold 5s 102 1939 104% Debenture series 1939 95 A 98»i, Series B 1939 109 109 1st lien equip s fdg5s..l921 1st Ben 50 yr g term 4s. 1954 109 Hi 109 H Det A Ch Ext lstg 6s. .1941 109 Hz 114 DesMoin Div lstg 4s.. 1939 110 110 Om Div 1st g3Hi8 1941 Tol A Ch Div 1st g 4s. ..1941 St Chas Bridge 1st g 68.1908 Wab Pitts Term 1st g 4s. 1954 2d gold 48 1954 95 H2 9HH; Warren See Del Lac A West 92 >4 97 U Wash Cent A«* Nor Pac Wash O A 94 See Southern 91 108 7g Ill's West Marylandl8tg4s... 1962 WestN Y A Pa 104 lstg 5s. .1937 100% Gen gold 3-4s 1943 Income 5s U1943 s7H) 90 est W N o Car See South Ry 9J3b VaCeutAP lstg 6s. .1911 108 H. 110 Wheel'g A L E 1st g 5s.. .1926 Wheel Div 1st gold 6a.. 1928 113Hi 116 lo7H* llo 105 H. 107' 107'hJ'ne'05 107 '4 Feb '06 103 H. J My '01 ll'2'i U3 a4 Un W 1 llo'i 107 Hi 105 103 W W Mar'Oii IOoHj 123 .,« '.;.. '04 109HiMar'u5 Aug'06 110 mi Jan 113 110 105 107 110 95 109 108 103*8 107Hj lll«a 110^8 110 114 guar.. .1912 gold 4s int guar.. 1921 lis U8H>Feb'05 117 Jan '04 * W Aug'05 1 1 1 12*>4 "9434 102 108H3 90 Hi Dee '04 963s 113H. 115'4 120 Hi 122 113Hi 114 l 108 109 Hi 102 Hi I02 Hi 112 112 Hi 108 Hi HI 117 '4 . \\ 2d gold inc5s 92000 La Div B L 1st g 5s 1931 \V Min A N 1st gu 5s '30 I'ol A O C lstg 5s 1935 Western Div 1st g 5s. ..1935 General gold 6s 1935 Kan A M 1st gu g 4s 1990 iioia YiiK 103 105 124 May'05 135 Jan '05 134 34 Lee '04 Ho L& See D Registered 1% Aug'05 11 104. 1083p JMy'Ofi 109 Hit?'eb 06 1 1953 J-J Gen refund st g4s St L M Bge Ter gu g 6s. 1930 A-O Tex A N O See So Pac Co TexAPao 1st gold 5s 2000 JD 123 1 HI lie^Apr'Ol llOHjl.12 116 Mar'do lMHjDec'o-l Feb '04 119 . MS '-j Hi 10S 4 1II9'„ lOO-Sl Hi 110 114 110 101 91 1 KS 106 . A-O J-D L!lsterADellstcong58 1928 J-D 10S3gii3 36 139 May' lllHiJMy'05 A W 92 1 96Hil01Hi 84 87 Hi 80Ha 84 1, 83Hj 324 eit 1st gold 4s 1937 Registered 1937 E Minn 1st div 1st g 5s. 190Nor Lit 1st gold 4s 194* Minn Union 1st g 6s 1922 Mont C 1st gu g 6s 193. Registered 1937 1st guar gold 5s 1937 V. ui & S F 1st gold 5s. .1931St P & Nor Puc See Nor Pac Mont Couaoi e 52 ANY of St L lstg 4 His.. 1939 'I'er 1 1st con gold 6s. ...1894-1944 10 119 J4 11934 1193, 110 Feb '04 101 Hi 101 101 H, 117 '4. 118 34 JMie'Of, 98 \ 100 Aiig'n.) 115 118 J 'ne'O.i 95 7e 98HiMar'06 MN 1P3( An Low lligk 122 peo'04 Sep '01 LOe 113 Jan '01 lolHiJ'ne'06 sSHi 68 7e 108 4 Apr'O.. 109% Jail'05 103 J'ue'06 104 Hi D'-e '0 lo2HiJ'iy'o.'. 112 Hi Fob '06 119 1921 M-S 1P26 M-S syra Biug : 1294132 113 139 11234 1933 1910 Registered. 6s. ..1910 104 V 140 to gold 4 H18.. 1933 Dakota ext gold 6s V . 1922 J-J 1043< So Cousol gold 4s 1932 Gray's Pt Per 1st gug 5s 1P47 St Paid A Dul See Nor Pacini Man 2d 6s. ..1909 St Paul 1933 1st consol gold 6s Geu 96 102 104 131 May'05 113 113 100 '4 Mny'05 102 '4 Aug'05 114 122" ' 104^ Feb '05 89*8 Male CAM KABlstgu5s.l929 HA 03 C Virginia Mid ser series D 4-5s Series E5s General 5s /linh since January 1 1 . 113»g. 117 J4 1083b. W 127Hl M M Registered 113 Guar stamped 1936 M-N \V O A 1st cy gu 4s. .1924 FA West N C 1st con g 6s. .1914 J-J S & N Ala See Spok Falls A Nor lstg 6s. 1939 J-J Stat lsl Rv 1st gu g4Hjs..l94;: J-l) .... 113 6-year gold notes 4Hi..l90;con g 0s..l92s K C Ft S A K C Ft S A Ky ref g 4s 1930 St l.ouis I0334 25 *> l 100>4 LAN St K 89 Hn'i-U J.J J-J 1 135 Aot 8tL o'ttT Kit 94 Hj JJ A Ohio lstg 6s.. .1925 J-J Rich A Dan con g 6s 3,916 J-J )eb 5s stamped 1927 A-O Rich A Meek 1st g 4s... 194- MN 19 19 M-N So Car A Ga 1st g 6s Y Cent Home Wat JJ Knox 100 77 89 109 P 11 A- A- <>g See N 1st con g 4 "a* Mar'OJ 109 76 8P '4 195t oaPao Ryl8tg6s .V: gu g 5s. ..1939 1940 BlogTSo lsl gold 4s 1P4> Guaranteed 1st 101 115 103 88 MN 193S MS Con 1st gold 6s K Ten reor lieu g 6s KichAMeek Km RloGrW'esl K10 Gr Juno J 1912 1P43 J-J I'uu gold 68 1PP4 J J Southern— 1st con g 5s 1PP4 J-J Registered Mob A Ohio coll rr g 4s.. 193s MS Mem Div 1st g 4Hi-5s...lPP6 J-J 1951 J-J St Louis div 1st g 4s 191S J-J Ala Cen R 1st g 6s Atl it Dauv 1st g 4s 1948 J-J J-J 4s 1948 2d Atl A Yad 1st g guar 4s. 1949 A-O 1916 J-J Col A Greenv 1st 68 KT VaAGa Div g 6s.. 1930 J-J 120 Oct '01 112 2Uec 02 118 JJ A-O H; or Nuv'04 r_".".j 122 MS HI Sabine Div lstg6s IP'.".' Pitts Juno Pitt* L Krie!2d p 6s...<il92s Pilts Mckees A V See S V Pitta Sh A L L 1st g 5s... 1940 1943 1st consol goUl 6s Pitta A West see H Ash 1st oou 6a.l927 Pitta Y Ask Low Hi 1 o .v. Aug 1'8 Hange 2«,i S o Range Last Ball IIS J Week's Prtduu Sid A-O Stamped SPaoof X Mex st g 68. .1911 J.J 1905 FA Tex A N O 1st 7s 11 Su PlttaCleveA Pitta i't W A >&, southern PaoCo— ( Continued Morgan's La A T 1st 78.1918 1920 1st gold lis 1907 No of Cal 1st gu g6s 193s Guaranteed gold 5s Ore A Cal 1st guar g 58.1927 8 A A A Pass 1st gu g Is. 1943 so l> of Argu lstg6s... .-1909 clPlO 1st guar u' 6s S Pof Cal 1st g 6s ser B.1906 1st g 6s series C A D...1906 1st g 6s series E A F...1912 1912 1st gold 6s 1937 1st con guar g 6s NoV97 137 li A-O A-O A-O A-O M-N M-N 1P05-..1P37 128 1111. 11 tii. ui Price STOCK EXCHANQ Wkkk Knuino Al'a 18 Bin January 109*aJ'ly'U5 657 4 BONDS Bang* 5 § Last Sale AsK Sid Penn KH—< Conttntted) ' j 1. j MS . v iitHiJiy''" UUHjHale mi 1 • 1 '-. qUuo Deo CHICAGO STOCK EXCHANGE-Stock S'l OCRS— HIGH hST AND LOWEST BALE Monday Aug 14 Saturday Aug 1 i A vsi UIVKS 1 Aug Aug 17 16 .STOCKS EXCHANGE 18 Range Sales CHICAGO STOCK Friday Thursday Wednesday Tuesday Auy IS Record -Daily, Weekly and Yearly 11I lor Range Year lor Previous Year (1904) 1905 the Week Highest Lowest tharet Lowest Highest 1 Itilill IIMlls •185 4 5 18 7b 19 86 87 r. 87 86 196 •185 196 '•- '5 4 6 •1*4 194 " T84*"u*" 1 864 864 83 a4 86 a, •8 94 •8 •24 * 45 4 45 S 45', '„ 24 25 70 •60 95 4 1:7 4 4 28 •98 •30 • •24 •63 *60 96 •95 24 3« •50 27 4 ou 954 •274 '98 •50 its *»8«s «50 45 78 60 100 100 loo Ohio Union Tract.... 100 Do pref 100 tfans City Ky <fc Lt ..100 Do pref 100 Metropot 8 Kiev.. 100 Do pre! 100 North Chic Street 100 Northwestern Kiev. .100 Do pref 100 South Side Kiev 100 Streets WStable C L 100 Do pre! 100 West Chic .street 100 Do 45^ •24 25 B6 - 180 80 107 pref Subway 4,245 30 840 1U0 W 25 88 Last Sale 65 Last Sale ii 3* Last Sale HO •95 95 95 4 Last Sale 2? 78 Last Sale US Last Salt 49 65 4 100 100 Chic Pass Ry Chic & oak Park 85>, Chicago J'ly'05 >fi 1 [ U '4 • 01 95 K •27 '60 25 66 7o 5 Is •84 45 34 45 88 4 •214 -214 28 '61 454 89 •233, 24 45*4 4 5 3/ 644 04 4 66 •60 70 •214 23 •61 64 • 45 89 4 5 91, 1 r Mar'05 Chic City By Chic Consol Trac 18 84 86 '4 83 Las S a 46 im hast Sale 196 J'ly'05 Aug'05 J'ly '05 95 Aug'05 Aug'05 J'ly "05 1(1 29 5 Feb 190 1 734 Jan 6 5 5 24 Jan 31 Mar31 87 34 Aug 1 64J'ne28 13 e Feb 3 26 J'ly 13 51 Feb 2 30 Jan 9 4 5 76 Aug 1 r 82 4 Jan 4 89 4 Mayl 20 Jan 18 25 >j J'ne23 59 4 Jan 10 68 J'ne22 55 J'lyl4 99 Feb 2 4 16 53 J'ly J'ly : 21 60 100 Jan May23 244Janl" Mar27 66 Jan 5 90 4 May 1 27 4 Aug 9 37 Feb 3 40 J'nel2 974Mar20 294 Jan 4 1034Mar21 Feb 72 3 155 6 23 Mar 190 Aug Sep Sep Not 8 27 N01 4 Feb 15 No\ 27 4 May 45 N01 28 4 Dec 31 Dec 804 Nov 85 K01 15 Mar 26 Sep 41 Mar 68 Oct 65 Mai 88 Sep 15 Jan 26 34 N01 44 Apr 67 4 Not 90 Mar 984 No* 28 Jan 34 Oct 82 4 Apr 103 J'ni 38 Api 56 4 Sep Miscellaneous ll°8 69 4 69 •90 •-. •1274132 524 52V ".. . •105 •62 •10 40 110 54 . ... 11V 114 114 69 I,'!-! >, 40 110 54 12 40 *93 •131 40 110 52 132 132 53 U 53 13 •105 •50 14 •6 -155 157 157 160 * 52 :entralTrust Rank. .100 135 135 103 1034 143 76 143 7g J'ly'05 •155 160 131 57 4 57 S. 65 4 52 34 112 664 67 113»g 1138s * 65 57'.. IU 66 65 65 -1154116 116 * 57 1184 , 142 4 •58 584 584 Illinois Diamond Match 100 Brick t 100 Kana City Stock Yds. 100 J'ly'05 Knickerbocker Ice... 100 Apr '05 Do pref 100 64 644 05 65 11 63 Feb 6 34 4 Aug 1 Feb 15 73 34 Mar 2 2 J'ne'04 Dec '04 .Vlasonic Temple Last Sale 3 May'05 Mil<fc ChicBrew'g Last Sale 10 Nov'04 563., 04 78 653^ National Biscuit, 54 4 55 1134 11034 a;lll 11034 111 Do pref '1154116 116 143 59 •134 1034 -102 4 * LaslSale 17 Last Sale 9 474 474 484 48 1034 Chic Edison 100 Chic PneumaticTool.100 Chic Telephone 100 Chic Title & Trust... loo " 94Feb"9 14*4 Apr 25 34 Jan 31'4 Jan 60 Jac 25 73 4 Apr 2/ 76 Jan 24 82 34 J'nel2 40 .Mai 66 125 Feb21 133 J'ly 31 1154 Jan 158 38 Jan 19 57 Mar30 19 J'ne 98 4 Jan 17 105 4Mar27 82 Aug 183 Mar 100 38 Jan 4 40 Jan 4 33 Nov 105 Marl 7 110 J'ly 31 100 34 Mar 150 50 J'ly 27 62 Apr 15 52 Feb 148 4 Feb 23 150 Marl" 120 J'ly 10 Jan 5 10 Jan 5 10 Oct s4J'ne 2 1 Jan 18 1 Jan 6 J'ne?8 7 Jan 20 7 Feb 31 153 Jan 25 172 Feb20 140 May 155 32 Jan 7 52 4 Marl6 18 J'ly 14 125 May 4 143 4 Feb 17 115 Mar 50 95 Apr 6 105 34 Mar 6 86 Feb 355 134 4 Feb 1 144 Augl4 1264 Feb 100 55 J'ne27 66 4 May 25 "s"255 30 44 4Mar27 48 4Augl4 2 2 Jan 30 Jan 30 109 4 109 98 64 87 34 f. 4 109 »8 109^ 98 14 is h-'g 9 1*8 8 78 •34 8 7e fe 14 8 34 39 35 Gas BONDS •^*s Price Week's Range Range or Since Ask Low Bid 1910 F-A Amer Biscuit 6s Amer Strawboard 1st 6s. .1911 J994. Cass Ave& FG(StL) 5s. 1912 J-J U-03 I? Board ot Trade 4s ...1927 Consol Br & Mlt 6s Consol Trac44s 1939 Edison debent 6s 1913 1st gold 6s 7tl926 Chic Auditorium 1st 5s. ..1929 Chic DockColst4s 1929 Chic Equit Gas 6s 1905 Chic & Mil Elec Ry 5s ....1919 Chic Pneum Tool 1st 6s .al921 Chic Rock I & Pac RR 48.2002 Collat Trust g 6s 1913 J-J J-D J-J A-0 F-A A-0 9941014 J'ly '05 103 103 76 Sale W 1 J-J 1906 J-J 1st 5s 1909 J-J Refunding g 44s 1931 A-O No Chic City StRy 4 4s. 1927 M-N North West'n El 1st 4s. . 1 9 1 M-S OgdenGas5s 1945 M-N Pearsons-Taft 5s 1916 J-D 4-408 B B B 1920 M-S *S7 1938. 90 t $89 94 '4 90 . 94H 90 «» 994... 994... *99T8 100 123 ... ... ... 104 34 944 90 18 1 95 98 4 100«8 100 7S 97 98 4 974 100 16 16 944 964 10341 03 «e 103 904 86 95 94 100 99 4 89 95 934 9534 88 96 4 99 99 7e 994 99 34 99 4 100 3 Aug'05 100 Aug'05 123 14 J'uo'05 1064 80 1064 1084 99 78 May'05 103 4 103 V; 68 40 9934 Aug'05 99 34 J'ne'05 108 ^ Aug'05 Corn Exchauge Nat... Drexel State Drovers Dep National First National First Nat Englewood. 89 94i4 90 1074 107 103 M-N 104 98 J'ly '05 99 4 J'ly '05 16 May'05 94 7s 94 7e 86 4 87 97 J'ne'05 96 May'05 1074 1064 10741084 t M-N M-S M-N Commercial National. 664 Continental National.. 10341044 Cook Co State Savings 1004 Feb *05 89 Chicago Savings 62 1004 F-A 4'40s Series C 4-608 Series E M-N M-N 4-80s Series F People's Gas L<fe C 1st 6s. 1943 A-O Refunding g 5s 1947 M-S Chic Gas Lt<fe C 1st 5s. .1937 J-J Consumers' Gas 1st 5s.. 1936 1924 South Side Elev 4 Sis 1914 Swift <fc Co 1st g 5s 1945 Union Kl (Doop) 6s 1911 Union Pacific conv 4s 1910 V S Brewing 5s cl963 U S Steel Corp 2d 6s 1928 West Chic St 1st 5s 88 96 95 76 Nov'04 Apr'04 1064 106 4 96 96 73 79 80 Chicago City 1034 Chicago National 104 10034 Nov'04 M-N M-S Commonwealth Elect 5s. 6 1943 M-S 106 107 Illinois Tunnel 5s 96 Sale 1928 J-D Kans City Ry <fe Lt Co 58.1913 •M-N Knickerb'cker Ice 1st 58.1928 A-0 98 Lake Street El 1st 5s 1928 J-J 99 4 Income 5s 1925 Feb Side El 1st 4s. ...1938 F-A Metr 94 78 Sale Extension g Is North Chic St 1st 5s January 1 1004 J-J J-J J-J -i 9 Oct Feb Jan Dec Aug Apr 24 Jan 20 Nov 25 Sep 36 Jan 08 4 Dec 994Jan 1164 Nov 254 Mar 464 Dec 95 Jan 120 Sep 1 34 2 4 Apr 3 14 4 Apr 3 Feb 15 384 April 3 8 4 j'iy Aug 16 7 J'ly 14 Sep Nov 10 38 Dec 33s Nov 2034 Jan 25 4 Dec 100 4 1234 123 34 100 21 105 4 107=8 10734 108°8 J'ne'05 .lOOk 106 >4 J'ly'05 114 Nov'04 81 J'ly '04 88 Nov'04 04 J'ly'05 60 J'ne'05 90 Feb '05 81 82 4 Aug'05 87 88 92 »8 100 Jan '04 added to all Chicago bo ad Foreman Bros B'k'g Co Fort Dearborn Nat Hamilton National Hibernian B'k'g Ass'n Home Savings Manufacturers Bank.. Milwaukee Ave State. Nat Bank of Republic. National Live Stock... North Side State Sav.. Oakland National Peoples Trust & Sav .. Prairie National Prairie State Pullman Loan & Sav.. South Chicago Savings State Bank of Chicago. Stock Yards Savings .. Union Bank Union Stock Yds State Amer Trust & Savgs. Central Trust Co of & Citizens' Tr Colonial Trust III Sav Bk. & Sav.. 1064 1074 Drovers Trust & Sav.. 10234 104 7e Equitable Trust Co <fc Sav.. First Trust & Savings Illinois Trust <fc Sav.. Jackson Trust <fc Sav.. Kenwood Tr & Savings Merchants' L'n&Tr Co Metropolitan Tr & Sav 1024 1034 Federal Trust 105 4 107 94 100 1] Dividend Record In 1903 Jn Per 1904 iod Last Raid 11 2,000,000 $1,065,962 100,000 31,067 200,000 13 168,801 8+5 1,000,000 1423,345 15 12+3 A: 500,000 fc 65,3 14 2,000,000 1,792,123 12* 12 3,000.000 1,232,536 8 8 50,000 3,072 6 6 3,000,000 3,561,208 12 12 200,000 16,274 6 6 600,000 274,1192 8 8 8,000,000 5,973,000 1112 12 100,000 106,770 10 6+4 500,000 627,237 Priv ate Ba 1,000,000 226,614 6 6 500,000 141,896 1,000,000 1,049,404 "a "a 100,000 155,785 10 10 200,000 11,589 "*6 250,000 263,154 *6 2,000,000 952,610 6 6 1,000,000 1,302,966 15 12+3 50,000 6,034 6 50,000 49,536 "a 6 200,000 13,510 New Bank 250,000 59,596 *"8 250,000 73,721 "li38 300,000 170,613 8 8 200,000 31,875 5 1,000,000 607,524 6 250,000 104,615 200,000 23,501 Began Mayl, 200,000 19,029 New Bank q-J J'ly Jan ran J-J J'ly Q-J J'ly 3,000,000 2,000,000 200,000 1,969,687 916,361 Q-J Q-J £200,000 200,000 500,000 Jtl01,477 48,094 6 7 1 4 b ank. New 5 6 of 30'Jfc lecl.ire 1 Q-J Q-J Q-J Q-J Q-J J'ly J'ly 1'ly J'ly J'ly fly J'ly J'ly 2 '05, 8 '05, 4 '05, 3 •05, 3 '05, 2 '05, 14 '05, 3 '05, '05, 2 '05, 3 '05, 2 4 14 1'ly '05, 14 J-J J'ly '05, '05, '05. '05, 4 '05, 14 J-J J'ly Q-F May J-J Q-J Q-J J'ly J'ly J'ly J'ly J'ly Q-J J'ly Q-J J'ly Q-J J'ly Q-J J'ly 5 1 3 '05, 3 '05, •05, 3 14 *05. •05, •05, '05, 2 2 1 2 190 J'ly J'ly •05, 2 '05, 1 34 .. Q-J J'ly Aug. 10,1901 n '05, Q-J 6 450,000 8 8 2,000,000 Merged wi I1A111 Trust 1,000,000 698,075 4,000,000 5,949,191 16 12+4 46,675 250,000 14,244 Began Jan 3, 200,000 12 12 3,000,000 3,617,532 257,748 750,000 6 6 8 8 1,500,000 1,684,022 500,000 447,335 6 6 1,000,000 577,970 " 6* 187,170 "e 1,000,000 200,000 13,964 Began Mayl, 1909 F-A Tunnellst5s 60 60 1914 J-D Northern Trust Co Bk Debent 6s 90 80 1936 M-N •Consol g 5s 75 90 «g Royal Trust Co West DivCity Ry 4 48..1932 JUnion Trust Co 88 97 Western Trust & Sav. West'rn Stone Co 6-20 5s. 1909 A-0 Woodlawn Tr&Sav Bk Note.—Accrued interest mus t be price s. Also paid 12 4% in Dec, 1903, in stock of First Crust & Savings tUaK, Includes apeoial dividend * Bid and asked prioes; no sales were made on this day. t No price Friday; latest price this week. a Due Dec. 31. h Due July. b Due June, c Due April. fc Capital and surplus to be increased. || 4 Nov 42 l'oJ'lyio 23 OutstandSurplus <t ing I*roiits Stock NAME Calumet National 100 4 103 103 104 May'05 103 Apr'04 55 64 4 Apr '05 104 4 J'ne'05 104 1044 104 J'ly'05 974102 98 Feb '04 J-D 10 Oct 142 4 Nov 7 4 Oct 319 P ColOO 100 2,190 Western Stone 100 2,485 f This is new stock. High No Low High Bankers National . Chic Chic Chic Cnic Feb Chicago Banks and Trust ComDanies Friday Aug. 18 Last Sale 7i 106 50 151 Unit'd Box Bd <fc Do pref Chicago Bond Record CHICAGO STOCK EXCH'GE Week ending august 18 8 1734 Nov 36 Nov 147 4 Nov 99 76 Apr 110 4 Nov 3534 j'ne 47 4 Jan 75 J'ne 87 Nov 84 4 34 Jan Feb 25 114 Jan e 46 Jan 25 92 J'ly 10 86 4 Jan 4 98 4 J'ly 26 "l^ 14 3 83b •33 Aug 104 Nov 1>4 Nov 98»8 Feb 1104 J'ne'05 People's 14 8 78 34 4 8 34 34 62 12334 10 4 Dec 12 50 Jan 52 17 J'ne 20 7 Dec 99 5»Mayl8 110 34Apr » Last Sale l 8* 4 L& C'kelOO National Carbon Do pref Aug'JU5 6,400 100 St Louis Nat St'k Ydsl 00 109"8 109 3« 1094 109 ^ Swift & Co 100 *85 '85 92 92 The Quaker Oats Co. 100 93 98 974 Do pref 100 97 4 l/n Stock Yds(SoOm)100 Last sate 'W°8 Dec '04 Union Bag & P Co ...100 Do pref 100 4H0 •109 > May'05 Page Woven Wire Pence 65 * 100 100 100 100 Pullman Co 109 4110 88 88 64 79 4 Dec 123 4 Sep 40 4 Dec ''44 Oct 198 Mai 40 Nov 110 Feb 5234 Augl6 65 a4 Apr 3 643 110 34 Augl7 1204 Marie 1,121 41 Jan 25 67 4 J'ne24 110 Jan 5 120 J'ne,19 6 Apr 20 5 34 May 19 Last Sale 116 Last Sale J34 lOlKt 124 Dec 1,295 Feb '05 Chicago Auditorium J'ne'(i5 OhicBrew'g&Malt'g 46 46 •134 134 13 4 *103 103 4 I04 143^143»e 143 3* 144 52 Last Salt 10 Last Sale I Last Salt 6 4 4 J'ly'05 111) 52 - *3 *6 157 40 Last Sale Last Sate ?44 Last Sale ?<?4 •114 4 132 40 « •10 »3 165 40 110 52 * «10 4 46 *1?A 103 4 103 143 143 H ll's 7o 34 704 70 4 Last Sale S2\ J'ne'05 70 132 62 "10 *6 155 160 46 114 100 100 American Can 100 Do pref 100 Amer Radiator 100 Do pref 100 Amer Shipbldg 100 Do prof 100 AmerTdc S Rank.... 100 Booth (A) & Co 100 Do pref 100 "al <fc Clue Canal & D100 Allis-Chalmers Do pref 3 La st Salt. WS 4* Aug'05 Last Sale 198 May'04 »» • 34 H4 70 •90 xl32 132 •52 *6 * 69 •90 130 3 11 34 '05, -J J'ly •05, 14 14 Mar '05, & Sav. Bank Q-J J'ly '05, J'ly J'ly '05, 3 •05, 3 '05, 2 '05, 3 I 4 3 190 n Q-J riy F-A Aug Q-J J'ly 190 5. '05, 14 —— — Aug. — ' THE iNKW VOKK STOCK WEEKLY AND YEARLY TBA.N3ACriO.NS AT DAILY. Gas ">s g Kansas City Gas .lar.ksou Aug 18 1UU5 Hat Iroaii Par value Share* 429.531 036,060 75968,683 $36,680,600 $745,000 86,7 15, 000 1,184.384 909, 311 113.326,100 79,121,100 8,348,000 2.816.700 3,800.000 3,246,000 2,044,600 Saturday Monday Wednesday Thursday 71,350,660 -J. 800 Bauk . $531,500 s $8,500 $3,473,000 16,000,700 $15,500 423,000 16,233,000 $392,400 119.103.250 673,313.700 . $20,387,200 $16,671,500 $692,809,350 BONDS Government bond Weekeiuling Unlisted shares Listed share* 1VVS Saturday Monday Tuesday - Thursday Friday Total $436,300 «4'i'.' 4,2.' 080 t. 2 10 408.1 > $412,851,980 Philadelphia \ Bond sales 17.215 10,158 47,329 47,984 21,571 37,721 21,565 29,453 66,726 $130,000 205,623 2.002 7,727 10,864 168,009; 18,761)1 Bond Unlisted shares Listed shares $16,500 26,000 6,500 25,000 9,000 47,000 14.247 27.218 22.925 38,9ia 44.150, 20,667 Review of Outside Street Railways Market will Bid NEW YORK CITY Bleeck St A Fal F stk 100 1,1st. wort 4s 1950 ..J-J | By A 7th Ave stk ..100 .amort 58 1914 ...J J 34 94 243 104 • Ask 36 98 248 107 Con 6s 1943 See Stock Exch B'waySnrf l9t5sgu 1924 {108 list tCent'l Crosst'n stk.,100 340 6s 1922 ...M-iN {117 Ulst JCenPkN & E B stk. 100 206 TJChr'tTA 10th St stk 10U 175 Cokfe 9th Ave 5s See Slock Exch 360 121 210 185 M I Dry D tuBA 3— sales 4.734 11.666 12,070 11,802 29,709 16,411 $67,676 60,500 62,600 30,500 12,500 37,000 $240,675 86,392| 114 100 1932. ..J-D flScriu 6s 1914 ....F-A t Eighth Avenue st. ..100 390 103 6s 1914 ....FA tffcerip no list be found on a preceding page. Street Railways Bid IJLouisv St5sl930..J&J «113 Lynn& Bos 1st 5s '24. J-D {110 New Orl Bvs& Light.100 32 % Preferred 75 100 116 102 400 G r St F'y stk. 100 400 42dSl M StN AV..10O 50 410 70 107 80 214 109 85 . <fc list mort 6s 1910 .Mb '.2d income 6s 1915 J J InterborougliBapTr.lOO New 44s 215 Coll trust 5s gold notes 1909 optional... .M-N 1st 4s 1948 ConsTraoof 398 100 Deb 5s 1906 JJ Union By lat 5s 1942 F-A {110 W estcheat 1st 5s '43 J-J Hio N J. ..loo MS No Hud Co By 6s' 14 J-J 5s 1928 J-J Ext 5s 1924 M-N 415 101 Preferred 48 1951 H West Chicago St HCong Gas Securities NEW YORK Cent Union Gas 1st 5s 1909. .A-0 {102 5s HA W A-O 113 En Nassau 1949 See Stock Excli Elec pre! 100 75 6b 1944 A-O 110 1st 4s 1951 See St k Exc N Wb'g <fc Flat 1st ex 4 4s 101 Stcinway 1st 6s 1922.J-J {119 0T11EH CITIES 5s. 103 V, Con Gas (N Y)stk. See 81 114 Conv deb 6s ctis 6'eeStk HMutual Gas 100 New Amsterdam Gas 101 1st conaol 6s 1948.. J-J 245 N Y & East Biver Gas— 1st 5s 1944 J-J Consul 5s 1945 105 J-J Gr ^l4NewlSt5s'06 F-A 100 Ui .it &Lorlmer St 1st 6s 102 Kings Co. Elevated i»t 4s 5s 1936. ...M-N 113 See Stock h list E 5s 1933. .A-O 100 £ Brooklyn City slock... 10 242 Con 6» Sec Stock Excli list Bkln Crosstn 5s 1908. J-J 101 Bki. Hgts 1st 5s 1941 A-O 104 Bklut^Co&Sub Seeiilk Exch list Bkiyn RapTrau See Stk Exch list 1'oney Is. & Bklyn ..100 310 lal cons g 4s 1948. 99 100 BrkCdfc N 5s 1939. J-J 113 115 I in lit 100 J-D .... 1 00 1124 BBOOKLY* Ave N Y A Richmond Gas.100 Nor Un 1st 5s 1927. M-N '[Standard Gas com ..100 1 Preferred 1st 6s 1930 100 M-N list 100 Preferred 113 Bay State Gas 60 h list Bingham ton Gas 5s 1988 Brooklyn Union Gas dab 104 121 6s 1909 conv '07... Buttalo CitvGus stock 1 0<i 1st 5s 1947 See Stock Consol Gas of N J .... 01 MS 1 < Grand Rapids Hy Lake A .100 3 5 J-D EleolOO 24 74 100 28 1949. ...MS «fc {77s, 77^4 81 82 109 4 114 loo |im .... 65'« 91 Grand Rapids Gas ' t 6s 1915 J { 7H 107- 98 S 100 ! 30 12% 100 Franklin 100 100 llGold A Stock Hudson River Teleph 100 J Teleph... 100 UN ^Northwestern Teleg. 50 Pacitio & Atlautlo 25 Atlantio 26 11 Southern A Y&N 10 6 32 72 Klictro.Pneum'ioTranlO Empire Steel 100 loo II Preferred <fe Tenn Copper 6 Gold Hill Copper 1 Greene Con Cupper. ..10 Greene Consol Gold... 10 167 125 80 86 101 105 Ho nek 1I5s l,:in.l,V, II 107 6 7 102 24 108 {94 96 88 30 12 36 26 4 804 105 H 35 2 5 200 M-N {1024 2 100 100 Oil Deposited stock Undeposited stock 20 110 160 4 4 Stubs 250 275 Pitts Bess A L E 50 t 33 36 Preferred 50 t 72 77 Seaboard Air Line Coll ir 5s 1907 op...M-S 100 101 SeaboarrtCo.... See Bait Exch list Va A Southwestern. .100 50 , Industrial and Miscel M-.N UManhatt Beach Co. 100 Manhattan Transit 20 Mex Nat 134 30 4 79 4 30 69 9 47 108 88% 79 16% 105 160 414 744 25 90 94 24 t 13 3 13 114 Construe. pf 100 Preferred 50 Mont A Boston Consol .6 Mortgage Bond Co. ..100 Mosler Safe Co 100 Nat Bank of Cuba 100 National Surety 100 llNew Central Coal 20 N Y Bisouit 6s 1911. M-S N Y tge <fe Security .100 UNew York Dock 100 IJPreferred ..." 100 N Y Transportation. ..20 115 20 70 Mine Securities 5 Mitchell Mining 10 Monongahela R Coal.. 50 Nor Am Lum'r <te PulplOO A Smelt Alliance Bealty 100 HAmer Bank Note Co. 50 American Can com... 100 Preferred 100 American Chicle Co. .100 Preferred 100 loo 1. 1 ' 6 6 2 7 I l 4 25 1'., 114 M 1034 Algoma Cop 140 41 74 2d 6s 1919 PriorIieng44s'30M&S 106 109 Con mtg g 5s 1930. J&J 92 96 Income 5s 1930 15 25 Fort Worth A Denver City stamped 100 71*4 Northern Securities.. 100 188 1894 {105 {124 165 f Preferred 4 103 4 3 27 Internat'lBankingColOO 13 K Int'n'l Merc Marine. 100 30 Preferred 100 79 Col tr deb 4 41922op'07 25 International Salt 100 64 1st g 5s 1951 6 International Silver. 100 40 Preferred 100 1st 6s 1948 J-D {107 Japanese new 44s (w i).. { »84 79 Lackawanna Steel. ..lot 16 34 Lanston Monotype 20 Lawyers Mort lnsur.100 182 s, 60 1JLeh& Wiikesb Coal.50 Lord A Taylor 100 10.1% Preferred 100 103 1144 Madison So Garden. .100 2^4 23 1 25 IlLonllard (P) pre! ...100 Mack iy Companies ..loo & HI 109 >. Alb 28 4 38 3 IlliplOO Preferred 3 5 Brooklyn Ferry stocklOO B& NY 1st 6s 19.ll.JJ 106 N Y <fe E R Ferry stk.100 71 72 93 M-N 92 1st 5s 1922 N Y& Hob con 5s '46. J-D {109 110 Hob Fy 1st 6s 1946 M-N {1104 112 N YA N J 1st 5s 1946. J-J 2100 NY A So Blykn Ferry <&St 99 100 Transp 1st 5s 1906M-N 40 60 10th A 23d Sts Ferry 100 96 1st mort 5s 1919. ..J-D { 95 27 28 Union Ferry stock .100 H 97 M-N 96 Hist 5s 1920 44 4 4 f Hudson Realty Ferry Companies 25* 24 4 I Mill 1910 Houston 7 42 I.... 1st 6s 1922 M-S Herriug.Hall-.Uarvinloo 1st preferred 100 2d preferred 100 Chicago Edison Co See C Incago list KiugsCo El h& P Co 100 196 210 Narragan (Prov) El Co 50 100 I114 NY A Q El L<fePowColOO 51 58 85 90 Preferred 100 25 United Electricof NJ100 48 1949 J-D {74 4 75 % 4 r Preferred 100 1st g 5s June 1 "22. J-D HeckerJonesJew'l 26 4 6 Havana Tobacco Co. .100 Electric Coinpaaies 4 14 194 35 63 104 100 Preferred 75 24 1 loo Preferred 30 17 11 87 12% (64% 101 103 143 4 ;43% S4 120 3% 6 Greene Gold-Silver 10 GuggenheimExplo'n.lOO 53 Hack e sac k.Mrai lows 100 125 Hackeusack Water Co— 93 Ref g 4a 52 up 12... J J 107 4 Hall Signal Co 100 128 Havana Commercial. 100 80 47 8 10 LOU Ga Telephone Kmp A Bay State Tel 12 10 i 1 27 llCruciolo Steel HGeneral Chemical ..100 <fc l 115 100 115 130 45 120 42 105 180 1824 24^ 29% 70 80 a* 8 1% 3 2 UOntario Silver 100 64 61 Otis Elevator com J 100 109 liicago list 114 Preferred 100 107 {10d lu9 24 70 70 4 Phoenix Securities.. t 105 26% {103 127 132 Pittsburg Brewing 50 49 47 98 102 Preferred 4 50 30% 30»4 Am Ice Securities See Stk E x list Pittsburg Coal See Stock Exch list 4s 81 82 6 Am MaltingOs 1914. J-D 105 s, 106 Pope Manufacturing.lOO Exch list 77 74 14 100 American Nickel 1% 1st preferred lo t 21 Exch list 17 95 102 2d preferred.. 100 Amer Press Assoc'n.100 4 105 424 42% Am Soda Foun com. .100 2 Pratt <fe Whitu pref.,100 100 4 93'(, 170 57 62 Realty Assoc (Bklyn)lOO 165 1st preferred 100 914 109 111 91 7 Royal Bak Powd pref.100 11 2d preferred 100 35 63 45 61 197 Russell 202 A Erwin American Surety 4 25 4 50 85 Am Tobacco (new) com. 320 340 Safety Car Heat<fc Lt 100 285 .15 Singer Mfg Co Prefd 100 615 See Stock Exch list 25 list Standard Coupler comlOO 4s and 6s See Stk Exch Preferred loo 120 Am Typefo'rs com. ..100 35 40 7 8 99 101 Standard Milling Co. 100 Preferred 100 31 36 4 4 Preferred Amer Writing Paper. 100 6 100 no 78 60 {108 30 30 4 5s Preferred 100 k Exc h list 874 S ta ndar'i 01 1 of N J . 1 00 *\il0 620 5s 1919 Jj 87 Exch list Storage Power 4 Arizona Con Mining.. .50 t 29 4 30 50 280 300 2 Swift A Co See Boston St k Exc h'ge Baldomero Mining... "174 {1023« 22 1st 5s 1910-1914. ...JJ 11 Barney A Sin Car ...100 30 4 32 {1114 113 Tennessee Copper 26 1i Preferred 100 127 4 130 80 75 34 Bethl'm Steel Corp... 100 35 UTexas <fe Pacific Coal 100 114 91 }113 1st 6s 1908 Preferred 914 A-O {105 110 loo 195 112 190 ill" 103 Title <•oll.tr. g.s.f. 6s 1914.... Ins Co of N Y..100 14 13'4 36 Bliss Company com 60 148 152" Tonapah Min (Nevada). 1 19 17 108 105 145 Trenton Potteries com 100 Preferred 50 130 130 150 96 96 4 Bond& Mtg Guar. ...100 405 120 Preferred new 100 66 170 17s 156 Borden's CondMilk..lOO 170 Trow Directory uew.,100 60 112 1% 109 14 Preferred 120 Union Copper lo t 100 115 90 85 Union Typewr com.. 100 British col Copper 8 5 120 a Camdan Land 1st preferred 100 117 3 ie Ha 117 136 2d preferred loo 114 Casualty Co of America. 3';'« 36 » 100 99 100 Celluloid Co United Copper 100 130 133 80 78 1044 105 4 Cent Fireworks com. 100 100 14 Preferred 18 200 lOiPreferred 68 %« 4 72 U S. Casually 100 31 28 100 4 '4 498 Central Foundry loo 4 4 U S Envelope com... loo 92 90 100 21 '4 22 Preferred 100 H Preferred. 774 78-s ISO 172 79 MO Deb 6s 1919 op '01M-N US Bobber 2d pl(wi) 100 6 7 Central Leather Set Stk E X list U B Steel Corporation— 84 J 112 Kxch list Century Realty 164 Col tr sf 5s '51 opt '1 100 158 1 34 }112 ISO Coltrs 5s \>1 1101 opt Ciiesebrough MfgCo 100 440 128 186 [ndem.IOO 96 lo7i.. 111 City Investing Co... |92 U ST11 <iu A 7 6 Universal BlTB Ext'r.100 !ui(H ilicom 100 104 1 {110 st preferred Universal Tobacco. ..100 92 4 LOO 100 Preferred 2d preferred 98 100 325 270 Colo Industrial. See stm Ex list Weeteheater >t Bronx Ouar Co. ie>< 176 Coi& Hock UoaUa pi IOC ho Title A Mm 65 1484 VWsiin/.'li Air Biake..60 148 48 lstg5s 1917 f-5 J-.J 80 % % tw 1).. 5s 62 White Knob pressed Air Co. ..loo 1'4 0'/ 1% Pi. -i. red w 1) olni u Healing 100 05 1.4 104 }]')! W01 thing Bump pre*, in" ll.s 'uiin Flrew'ks com .100 20 110' 4 M'roferrod loo 07 71 iUlzEkUv fNow stock, 'j Sell.i on Stock Excliau^.-, bill uot a very active secunty 100 t 120 70 130 t I I i '. I t I i t 1 , ' 1 1 1 Mm i ' I 1 :, 1 1 1 f 1 FA st (Chic) El ,s>e Hudson Co Gas 100 bicago list {B:iyer pays accrued interesU 1 Price por share. tSaleprice. I a 77 127 30 loo Preferred 100 EleotrlO Lead Ki'duc'u.50 Preferred 50 Electric Vehicle 100 Preferred 100 A-O {110 Gas 5s 1937. J -J 38 :'.'•. Electric Boat Pow- Ill Debenture -is Cons Storage Battery loo Cramps' 8b .t En ithigioo Ask 7\ t OTHER CITIES Amor Light* Tract. 100 Buffalo Street By— JJ 1st 6s 1930 1st consol 5a 1931. .F-A {1124 114 rimers' L H A Puw Deb 6s 1917 A.O {1<>6 li)7 J-l' 6a LV38 Chicago City By « Detroit 84* Incago list City Gas. Columbus (O) si By. .100 1004 Kli/.aheth Huh Lt Oo Preferred loo 109 liov Essex A Uodsoi Colum By cou5s See I'h 11a list Fort Wayne 6a 1925.. J -J Crosat'wn lst5s'33.Jli ) L08 in Gas<fe EJ Bergen Cu..l00 ^referred LIU Bio Douglas Copper 11 1933 J-D 108 4 New'k Pas By 5s'30J-J {113 Bapid Tran St By.. 100 255 1st 5s 1921 A-O {109 21 J C Hob & Patersonl 00 4s g 1949 M-N {764 So J Gas El <fe Trac 100 125 {102 Gug5s 1953 M Con 5s g 1931 27 M-N H vjTwenty.Th'd St stk 100 77 {964 974 North J ersey St By 10U V YkerBStRK5sl946A-0 {106 28th <fe 29lh Sis 1st 5s '96 {1124 114 Ask 113% 112 4 32 4 North Chic Street See C hicago list Pub Serv Corp of N J100 115 118 70 Tr ctf s 2% to 6« b perpet 69 ifcPav Eos See til k Exc list Pat City con 6s '31. J-D Metropol Securities See Stk E £ ll8t 2d Os. ...1914 opt A-O Metropol Street By See Stk E x list So Side El (Chio) See C Ninth Avenue stock. loo 190 200 Syracuse Bap Tr 5s 1946 Second Avenue stocklOO 205 210 103 Trent P <fe 5s 1943J-D \ 1st mort 5s 1909 M-N {102 116 United Bys of StL— Consul 5s 1948.... F-A {115 170 178 Com vot tr clfs .tli Avenue stock 100 100 tfPref erred Sou Boulev 5s 1945. .J-J {102 106 100 Men 4s 1934.... 6'e« Stk So Fer 1st 5s 1919. ..A-u {105 108 UnitBysSauFran AeeStk Third Avenue See Stock Exch list Wash By A El Co.... 100 Tarry \V P A 108 5s 1928 {105 LexAv Allan .M-N Railroad Susq 40yr 34s cts {114 {89 4 904 Ohio Peo A St L pref.100 1st 5s lllst gold 5s \ 42d A I 1i Outside Securities • tis'2 Industrial and .Hlsoei Ky Ltad Retttg.lOG Conaol Rubber Tire.. LOO UPreterrou, LOO Cuban 6a <>• L896 tjpiamond .Match Co. 100 Dominion securities. 100 1 Aug 18 A Weekly 60 103 36 AmerTeleg A Cable 100 90 So Amer. 100 127 4 Cominer Un Tel (N Y).25 115 <|Oentral EXCHANGES Wednesday Cong6s II DAILY TRANSACTIONS AT THE BOSTON AND PHILADELPHIA Boston 101 loii IndCNat*. St Joseph 3,530,865 70,933,041 5.186.596 +473, 745.450 $329,874,660 $15,000,550,375 $6,693,769 775 $10,000 106 IS 1904 $1,000 04 97 40 Lat8a'25.J-D 1st 6s 1926 Pit A Pas Gas $8,600 Aug 1 1 100 5a 1988 1IO«8> K) 161,681.488 shares, par. Total bonds... 1 to 1905 1904 1905 B U. and mis. boud No Hudson Telear ! A-O l» 110 96 36 80 24 28 110 Mudis. 11 Has lis 1920. A-O 1106 {137 Newark Gas 6s 1944. Q-J 91 Newark Consol Gas.. loo 90 S-D H09H HCon g5s 1948 WabV I I January Week ending Aug IS Exchange Par vaiue $137,000 363,000 831.00 607,600 686,000 964,600 $16,900,700 $3,478,000 5.186.596 $473,745,450 Sales at Sew York Stock stocks— No. share Bonds 1 loo Latay'oGas 1 st U S Ho nds State <tc Bonds 28 I'ons A..0 '37. 1|Preferred Stocks H'Mfc 'tiding 4t« 2 50 Laolede Gas • Sid Gas— M-N Indiana Nat A; 111 1st lis 1908 [ndianapolls oas 1st b 5a 1969 KX.CHA.Niik 659 Etooaritloa (iii>» Business at Stock Exchanges oi ' THE CHRONICLE. 19 1905.1 Volume 1 . 1 BOSTON STOCK EXCHANGE-Stock *tmre Pricea — Not Saturday Aug Monday Tuesuaii It Aug. 15 Aug >2 I'er < STOCKS 'i-niiim l*rice« A tin lf> Range Sale/, 01 the BOSTON STOCK Friday Ana 18 Thursday Au<l 1? Wednesday Weekly and Yearly Record, Daily, Year lor liange tor Prerjxoui 1905 Year (1904) Week EXOHANOK Shares Lowest Highest Lowest Highest KnilronilH 89 V •103^ •255 158 •248 •177 104>4 1"! 265^ 158 [04 178 17m 175 175 '307 27 '74 27 75 170 170 • 125 h 120 * 299-, 178 178 111" 310 27 •74 28 75 •307 27 •74 170 126 *18V 19V V 19 61V 62 19 60 V 6 V 1 •224 28V *23V: 208 ..210 1H4V10514 250 266 155 146 •83 27 V 75 208 171 126 *... * • 14 55 97 V 79 V 97V ' 10 65 79 79 •14 •55 16 66 98 98 •97V 182", 133 •98 '4 300 146 86 •84 •97 98 11334 114 5'7 2.1V *74 27 75 171 126 146 146 •84 86 • 62 62 '207 Last Sale 208 Last sale *207 210 Last Sale 60 63 56 98 98 133-4 134 99 99 V V 97 V 113VU4 28 V 28 V •97 '113 •65 56 •98 V 100 134 136 •9SV 99 V 98 114 97 V 97 V •113 114 56 66 '96V 136-4 •98 V 2 104-4 • 1 Last Salt '65 > 1 9!V 91V Last .Sale 18V 207 90 V Atch Top 2,77" 77*6 May 20 98% Mar 9 <fe Santa FelOO Do pref 106 83 H9VJan2f 105 V Augl7 Roston 254 V 255 & Albany. ...100 79 264 Jan 3 261 Apr 4 Boston Elevated 100 .... 28.0 [68 Aug 8 58 V Apr 2b .'i:i Ang'05 Boston <fe Lowell IO0 1241 May26 249 MarlO 3.".'.' 178 178 Boston & Maine 100 rl72 J'ne 2 185 VMarl4 Do pre! 100 171 Jan 6 175 Apr h •310 Boston & ProvideneelOO JaD 18 310V Aug 8 6 J06 320 13VJan 17 35 Mai'22 25 26 V Bosion&Wor ElecCo.... 74 Do pref 74 86 63v Jan 17 82«aAnrl3 ' 171 ChicJuncKy<fc US Vloo 10 150 Jan 13 182 MarlO • Do pref 126 100 65 121 Jan 9 132 Feb 8 180 Jan 4 189-4 Mar25 /«?V J'ly'05 Condfc Mont Class 4.. 100 H7 Aug'OO Conn<fe Pass Riv pref 100 160 V Jan 19 167 Augl" * 299 Connecticut River... 100 26 285 Jan 12 300 AuglO -146 FltchuuTg pref 08 42 Jan 3 148 Marl5 100 *82 85 Oa Ry <fe Electric... 100 60 59 V Jan 16 86 J'ly 29 *91 Do pref 100 95 86 Jan 4 93 J'ne2i 91V Maine '65 V J'ne'05 100 175 Jan 24 185iaJ'nelo Central 167 13VKebll 23 Apr 8 100 18V 18V Mass Electric Cos Do pref 6I-4 100 682 55 v Feb 11 70 V Mar30 61-4 'io\ 19 34 May 1 25VMarl4 100 J'ly '05 Mexican Centrnl 667 195 V May23 211 ADrlT 207V 208 N Y N H & Hart.. ..100 165 Jan 19 167-4 May25 100 16?\ May'05 Northern N H Norwich <fc Wor pref loo 10 232 Jan 24 233 May23 •207 Old Colony 1 205 V Jan 6 212 100 Apr 26 79 Jan 9 102 Feb 14 100 y?V Aug'05 Pere Marquette Do pref 100 311 77 J'ne27 87 Feb 6 79 79 * 140 60 Apr 3 72 Jan 19 100 63 Rntland pref 15 Jan 13 17 Mar20 1.5 J'ly'05 Savannah Eleo com. .100 58 Seattle Electrio 100 "ib'o 50 Jan 5 58 Auglfc 68 Do pref 100 87 93 V Jan 9 100V Feb 25 98 V 98 V 100 5.020 113 Jan 6 137V AuglT 135*8 137 V Union Pacific loo Do pref 33 96 May23 101=8 Feb 20 99 99 Vermont* 172 Jan 18 175 Mar 2 100 Mass Z74V Aug'05 46 93 Jan 3 100 J'ly27 97-4 97-! *113 Do pref 35 112 Jan 3 117VApr28 50 114 Wisconsin Central ... 1 00 200 21V Jan 27 28V Aug 14 55 V Augll 55 V Augl Do pref 100 55V Aug'05 146 Mar20 147 Mar28 147 Apr '05 WoicNash& Roclu.lOO M4 1 e / ...... ...... 79 V 79 V 133 V 134 *98V 99 V M*V «( Last Salt Last Salt 300 146 •207 208 208 . s 178 ' 232 V 232 V •207 1 * •18 19V 19V \9\ "01 62 62 62 •23 •23 V 24 V V 24 V '207 207 208 2414 195 s -310 V 91V •91 V n 178 178 126 146 87 256 IBS /, • -iWi 89 "« 90V 91 90 V 104 •24.1 178 145»4 146 84 84 *9034 91V •145V 140 *84 »7 *91 "... 34 •248 178 300 •299 1 89*8 90 V 90 V 108 V 108 S lo:t 4 5 •254 25 '4 •254 •153 154 155 :, 'i 25:. 25:". 248 •307 *27 V 28 70 *74 * 170 120 *... .. 90V S9»8 89«fe 108»«; 137V 99 V Last Sale *97 88 99 113 113V Last Sale Last Sale 1 Miscellaneous *5J3-ia 92 6V 27 143 34 •139 "a 139 37 7V 28 144 142 139 37 > 8 1023b 102-4 •3*8 117 * 184 88 184-4 49 V 49 V 87ia «7=8 *191 1'93'Si 1'4 137*8 1377e *1V *11 13 262 *9V 10 *109 111 •22 •20 249 *3V lOti ia 7-4 29 V 143=a 140 142 39 10334 144V 144V 39 VI 41 139 141V •1 2334 23*8 92 V 8 92 29V 29V 29 23 92 7 7-, 29 4 144-4 140 144 144 •139 145V 140 24 34 V 93 7% 29 1 144=8 145 13H-4 140 144 140 *20 *26 -314 107 83 33 V 3V 5 108 84 33 V 107 84 V *26 34 3V •3 107 V 85 V 107 86 33 33V 33V 26-4 27 3V 108 V 87 33 V 26-4 6 5 * V •SB *94 34 V 84-\ «10 2834 10 V 28 34 -50 • 17 V 99 86 100 * 34 84 *5 34 4 36 V 363s 101 l4 101-4 ' 17-s •83 •95 V 25 -6 675 •95 V 2 -90 18 3034 18 •85 675 675 5V 33 V 34 84 853s lov •10 10 V 2 •85 V 670 8V 675 25 V 6V 25 *6 ••55 •57 69 69 V 69 14V 14V 24 V •6 -58 69 V 14 14 6V •58 -58 66 69 14 14 •78 *78 57 69 V 14 V 24 V V 13-4 7-V 24V 24-6 *4V 22*8 22*6 8°8 8-4 54 24V 25 *4% 4-4 64 4 •3 3is *iv 27V iv 27 V 99 99 -25 V 25 34 "1 1*4 101 101 3-24 V •2V 12 7 *4i4 4V 22*4 22*8 •22 23 •8-4 9 *8V 8-, 4 ••90 -95 14'4 14V • 3 18 18 V 30-4 8V 671 34 85 V • -90 *14 54-4 •3 -95 * V 50 V 14 3V IV •IV 26 V 27 99 V 99 V •25 V 25 '4 -70 •IV 115 v 3 4V 4V 22-4 23 V 8-4 8V *-70 -90 -90 14 V 13-4 14 •14 54 V 54 V *3 3V 54 IV 27 98 99 25 V *1 25 V V , V 27 IV 27 V 9S 98 V 25 25 • 27 54 V 3 3 1 37 V 105 V AmerPneuServ Do pref Cuniberl Telep 1 18 •30 V •66 8V C7L V & Tel loo 8 a;655 -57 69 V 69 24-4 Am Zinc Lead & Sm. 25 Anaconda 25 25 25 2V Arcadian Aug'Oo Arnold 25 V 4 4 V 22V 23V 8-4 8-4 •90 -90 14 55 14 55 24 V '-IV 8V 55 4-4 Calumet & Hecla 25 10 Catalpa (Silver) 25 660 4,816 13,018 •67 22 84 91 t2 34 18 70 •25 110 200 3,540 8 25 25 Mohawk 55 Jan 11 1 3V 100 Apr 276 Jaii 133 J'nt- 24 V Jan 73 Jau 170 Jin 1 1 V Sep 52-4 Oct Apr 5 86 Nov 162 V Jan 285 J'ne 142 Not 57 Deo 88 Dec 175 Apr 24 Jan 80 V Jan 1 23V Nov 185VMay 99 1 Aut; 163 V 159 222 198 74 68 29 Jan 232 J'ne 207 J'ly Mai Oct Apr Apr Apr 80 V Feb79 V Nov Aug 73V Deo Jan 40 87 V May 71 8 Mai 86 V Mar 160 May 89 Jan 108 Jan 16 V J'ly 37 V J'ly 143 Dec 3 42 Feb 95 V J'ly 116*8 Nov 97 V Dec 173 Nov 93V Deo Dec 17VFel> 114 43 V Deo 146 V Deo 24 V Deo 87 Dec 638 Nov 27 V Sep 152 V Nov 141 Nov 149 V Nov 21V Nov 94-4 Deo 4 Sep 12234 Deo 19 \ Nov Jan 25 Aug 1 J'ue21 25 12-8 4 Aug 2 1,035 52;. Montana Coalcfc Coke 25 2,03 1 915 Deo Deo Jan 7% Nov IV Feb 23 I8-4 35*8 •85 8-4 Mar 1 14 Feb •25 •20 J'ly Feb Mai May 7 Marl 3 Apr 17 19 Marl5 39 6 May 19 Feb 20 435 Oct Mar Oct Nov Nov IV Nov 22 V Nov 38 3« Nov l 3 ia Nov 7 'e Nov 700 NCv •25 Nov 1 3234 Nov 10 May •75 Jan 74 V Nov 29 34 3 36 72 Jan Jan 117 Mar25 103 J'ly 116 Nov 1-4 J'ne 4 Nov 3 V Jan 13 MS.y2i 7 J'ne 15 VNov Api2ii 13-4 Aug 2 Jaii lo Aug Mai 30 V Apr 10 20 V Apr 18 Jan 17 •62 17VMay23 28-4 V Feb OVMay 13VMarl3 d 3 Feb •45 J'ly May2t J'ue2^ lOVJan May 48 2 93 100 8 Feb 1538 Feb Jan 4 20-4 J'uelo 3 Jan 4 6 "0 Jan 23 V Nov Aut; •75 Jau 5 25VMayJl 31V Apr 12 1 May 2 3 Aug 4 J'nel5 12 V.May 2 2 •75 75 101 d3 s ie Mai 121 Nov 89 =8 Apr 14 43 F'eb 82 34 Dec Aug 7 7 "a lVJauU s 15-4 1 66 J -ly 6 Si 5 2=8 5 Maria -Mar 9 V Jan It •75 1 V Jan Is May2o Last Sale 7 V 25 Aug'Oo Old Colony 27-4 28 25 1,495 23 V May 1 29 Aug 1 28 28 V Old Dominion 903 88 Feb 9 103 Marl4 99 V 99 V 25 99 V 99 V Osceola 25 25 285 22 J'nel2 30 V April •25 Copp) lo Parrott(Silvi& 3 4 Jau 14 -1 110 oO J'ne22 IV 25 1 1 Pluuuix Consol 100 103 •100 25 199 95 May 4 US Jau 17 103 yuincy 3 V J'ly 29 May 1 V 3 3 25 2,280 1 314 Ithooe Island 3 3V Deo '11* Jan 71 601 J'ne 7 095 •10 Marls •15 Mar 1 •05 Apr 1,805 16=8 Mar22 26 Jan 4 d 14 V Feb 6*8 J'ly 6 Mar 14 8VJanl6 1,515 •30 Mar24 •75 Mayll' •20 J'ly 25,952 64 Jan 2o 83 Mar 14 38 F'eb 10-4 Aug 11 VMar3u lb V Feb 15 2,3.:>s 60 Janlo 86-4 Mar3J 40 J'ne 75u 100 3V 11V Michigan -90 V May25 8 Apr24 35 '45 Greene Consolidated. 10 4,635 200 Guanajuato Consol.. 5 Isle Koyale (Copper). 25 22 22 *-70 14 24=8 Oct J V Jan 20 •50 Apr 6 V J'ne V Feb 6 104 Feb 8 76 Mai Mayll 92 Mar 9 75-4 J 'nt May 2 99 Mar20 t90VAup Mar30 10VJ ne2o 97 V Jan 24 14 V 15 V 20 15 3 8 I'iV Daly-West Last Sale 79 100 J'ly '06 Dominion Coal 113 Last Sale 115 pref 100 Aug'05 Do °.» Q 2 12 10 -2V 3 Elm River 8 6,574 13 V 13 V 12-4 13 5 7V 7 V 7V 7 V (J ran by Consolidated. 10 2,3uO 24-4 J'ne 154 V J'ne 127 ISO 29 V Apr 15 12VApr 93 Marl3 71 Jan 8 Aug 14 3 V Feb 20 Jan 17 30 J'ne22 17 Feb !30VMay23 149 Mar 2 122V Feb 132 Mny22 140VMar 7 122 V Jan 137 May 23 148 Jan 4 119V Feb 9 Feb 21 Jan 23 40=8 Apr 18 OSVJan 92 V Jan 3 109 Mar31 4-4 j'ne 9 3 Nov 3 V Marl 116 Augl7 124 Jan 6 L12VJan 17 Jan 24 24*8 Marl6 7 V J'ne •40 132 37 55 1,670 Cons Mercur Oold... 5 Copper Range Con ColOO 09 50 590 100 136 t\ Id Apr 13 Bingham Con Min&S 50 1,345 28 May22 oO May 6 Bonanza (Dev Co)... 10 5-4 Jau 20 BostonConC&G (rcts).£l 1,702 24-4 -58 67 V 834 Not Auc 175VDeo Apr 174 Oct Feb 303 V Deo 158 100 2J5 19 V Jan 25 86 Jan 3 4V Deo Dec ; J'ly'05 Central Oil >3V •55 312 3,609 Not Nov 7VDec 7-4 Jan lo 5 V Jan J'ly 5 5 69 £242 J'ly 15 257 Apr 6 230 Feb 265 Aug Edison Elec Ilium... 100 60 169 VMav22 191 Jan 17 al51 J'ne 194 Nov General Electric 100 Mass'chusettsUasCoslOO 10,383 38V Jan 6 51 34 Augl7 36 Dec 44 V Aug .0 4,s. 80 V Jan 10 88V Mayl'2 77-4 Mai 84-4 Oct Do pref 100 140 US5VJ'ne2o 206 Apr 29 173 J'ik 200 Nov Mergentnaler Lino. .100 350 lVApr 2 34 Nov Mexican Telephone.. 10 1 Feb 6 2 Jan 4 88 134 Febl7 140V Apr 27 118 Feb 141 Nov N E Telephone 100 4 Jau 2-4 Jan 9 VOct PlantCom t'st stk com 100 1 Feb 24 8 Oct 17 J'ty 10 Jan 6 17 Jan 10 Do pref 100 794 230 May23 257 Augl 5 208 Mar 243 Nov Pullman Co 100 N..v 9 8VJanl2 10 V Feb 23 Reece Button-Hole.. 10 6V Jan 38 105 Feb 24 114 Jan 5 .C99-4 Mai 11 J Oct Torrington Class A.. 25 18 J'ly20 23 Jan 18 22 Dec 22 V J 'Jy 24 VOct 26 Nov 62 25 Mfty23 26 34 Augl7 25 Do pref 5 Oct 2 Jau 100 2 V May25 4 Jan 6 Union Cop L'd&Mg. 25 95 Feb 113 J'ue 1,915 103 115 Fruit 100 Apr29 Feb 2o United Un Shoe Maoh Corp. 25 3,519 57 J'nelS 90 Aug 8 360 34V Aug 7 6!iiMai 20 V Dec ll 34J'ne 8 14V Jan 16 100 U S Leather 100 lOOVJanlo HlVJ'ne20 77 Jan 103 Dec Do pref 10-4 Feb 34 Nov 16 34*8 Jan 4 53 Augl4 100 U S Rubber 98* 8 Jan 5 117 V Apr 7 40 V Jan 99 V Dec 100 Do pref 24* May 33 Deo 38 V Apr 7 100 16,209 83s U S Steel Corp 8 May22 100 6,609 91 May22 105VAugl7 5lVMai 95 V Dec Do pref 5V V 80 V Amalgamated CopperlOO Aug'Oo Amer Oold Dredging 6 18 31 Aug'05 8V 655 Aug'05 8,495 3,965 17 5,372 19,249 100 3,876 34 10 V 10 "2 30-4 •57 -59 66 14 *78 nuv i 25'., 4a 10 10 24-, 24*8 24V 25 •6 6V Last Sale 24-4 •114V 115 V •114 4 115 V •114 V H5V •2 V 2»4 •2 V •2V 3 3 11-4 12 •11-4 12V 12 12 7i ?38 7V 714 7V 7% 4 25 5V Last Sale 25 Last Hair -70 8V 5V Last Sale -90 ••60 8V 675 5V 34 V 34-4 85 V 86 V 2-4 3 17*8 18 30 V 31 30-4 -70 J'ly'05 36=8 104 V Agricul Ohem.lOO 100 50 Do pref 50 Amer Sugar Renn loo Do pref 100 Amer Telep & Teleg.100 Do pref . 100 5V 70&-4 30=6 37 V 104'b 105 V Last Sale 15 25 V 3V 109 109V 84 V 85 33 33 Last Sale 73 V J'ly'05 Last Sale ZIJTV J'ne'05 Amer Last Sale 40 25 J'ne'05 West End Land 16 V 16 V * West Telep & Teleg.100 18 98 98 100 Do pref V •97 V 99 85 V 86 •85 V 86 Westing El & Mfg.. 50 Last Sale .92 V J'ne'O? Mining •97V *8oV 86 10 •670 80 18 99 10 6I4 -60 •78 • 10 ••60 *-60 '70 -70 ••60 8i 8 8!4 8*4 8V «V 675 J8 84 I8I4 18 30 34 30 34 18 V 31 104V -50 5 5V 33 V 34 84»6 64 2 36 V 104=6 * 84 =8 bl 38 5 35-4 -50 99 86 100 * 234 2V 2V 2V ••85 *-85 -90 -90 18 31 *2V 53 36-6 36 V 104 V 105 17 26-4 * 3V •3 108 V 109 V 87 V 88 33 V 33 Last Sale •84 •94 29 144 34 140 143 39 105 29 4 • 63 18 99 86 100 7*6 7 . 36 « 36V 104*4 104 V * * V 7-4 1< 83 V 83 V 33 33 -60 2434 92 142 142V 14334 142 V 143 3-=8 39 40 37 39*g 39 V 39*8 37 34 104-4 104 105 104 V 105 1023s 103 V 104 V *3*8 *3*8 *3*8 Last Sale af-4 J'ue'05 • 117 117 '1143, 116V 116 116 •116 117=8 22 V 22 V 22V 22-4 22 V 22V 22 22 V *5(ii4 •5 V 6V 4 *5V 6 V *5V 6V 5 ss 5V •252 V 253 V •252 253-4 253-4 •252 255 250 255 255 • 183 184 V 1841s •183 184 184 V '184 186 183 34 183-4 49 V 49's 50 50=6 50*8 51=8 51V 51-4 50*8 51V s 88 87 8 88 87 6 88 88 88 S8h 88 88 V 194 194V 194 193V- 193V •193 195 193 195 195 *1 *1 li4 •1 '1 IV IV 1*4 IV IV •135 137 137 V 138 137 V 137 V 138 138 138 138 Last *1 Sale Zl Aug'05 *1V *1V V 18 "11 *11 14 LastSaoe 11 14 •11 14 Aug'05 * 252 256V 255 257 256 254 * 254 •9 V 10 934 Last Sale 9-4 Aug'05 *9V 10 * •109 111 '109 111 109 109 V 109 V HO 109 V 109 V •22 •22 Last Sale V2 •22 Aug'05 4 107 * 23 V 92 1 *22V 23 *5V 6V 251 V 254 hi IV 22*8 22*8 92 92 23 V 23 V 92 92 7'4 8 28 29 V 24 92 Mai 89 V Jan 104V 23934 J'ne 254 S137 F'eb 155 V 230 Mai 242 V 64 88 Oct 3V J'!"' 34 V Feb 2 V Jan •50 J'ne V Feb 9 F'eb 20-4 Feb 53 Aug 5 u ieNov 34 V Deo Deo 35 V Nov t9 8 Dec 2 Nov 11 V Deo 57 VNov 6-j 2V 29-4 Aug N ov Dec 98 Nov 33 VNov Nov Nov Nov 3 2=8 3 3 3 V Nov 3 Jan 18 *2 2 -2 1 V.May 8 2 2 875 2 a 2V 2 V 2 4 Santa Ee(Gold & Cop) 10 avAug IO-4 Nov 9 Jan 3 0=8 Feb 6 73g V V 7V 7-k 7V 7v 7V 10 1,845 7V 7V 7V 7 V Sliamiou 85 May 140 ..Nov *120 125 •12o 123 •120 126 121 12.. 125 125 141 101 Ma>23 140 Mar 14 124-4 125 •25 J'ne Augl 7 8 2 Feb 3 0*8 4V Nov ^ '4 V 7 7-8 7 714 7 7 7V SV 26 9.9S8 8 8V fecuiuseh 100 24*8 J'ne2o 35 Jan 19 34 Nov 43 V Dec "r 31V 31 Mai 334 18 V Nov 7-8 Jan 20 13=8 Feb 1 8 8V 8 V "sv "*8V "sv'^v 8V 25 1,750 8v"»»i SV '"hK Trinity 6 .Mai 6 Mar 9 Mai 10 37 'a Augl. 821.1 8.7 35-4 35 34 V 35-4 30 38 37 'V 100 11,055 34 V 35-6 85-4 oO=t United Copper 79 Aug 7 ... — •78 75 Aug 1 78 7s 78 79 78 79 100 395 7 <V 7 8 V 79 V Do pref 33 V 833, 3,i-6 83-4 a 2-4 32 V 33 4 33 32 V 33V UnitedStatesMining 25 9,210 21 Jan 25 34 V Aug 4 la Jau 28-4 Dec 8 V Jan 12-4 Nov 9VApr 6 11-4 Jau 5 »ll>.V lO-i 10 V 10', 998 loV 10V 1U-8 103b "10 V 10 V rn-'a 10=6 Unit StatesCoaliSsOU 25 45 V 45 ^ 45 V 4534 45 V 45', 45 45 V 45 V 45-4 5 3,020 39-6 Mar 4 40VJue22 30 Jan 47 Nov 45 s 45 V Utah Con (Gold) 6-8 Nov Jan 13 2 V J'ne 2 May 19 3V 3V •3-4 4 505 3-4 3-4 4 3V 3V 4 25 4 4 Victoria •11-, 12 9VMay22 15 V Feb 21 5 Feb 13-s Nov 11-4 11-4 • 12 700 12 12 V 12 V 12 12 V 12 V Jan 110 Novi 120 120 327 105 Jau 4 120 Feb 16 69 119 12.1 120 120 120 120 119 119 121 121 Feb t3 Nov 5 2*8 Feb 21 50 iVJ"nel2 l 5s *1V IV *i'V "IV Aug'05 1=6 *1V 8 Last Sale 1 V 1 Ex-rights aEx-div. & rights, 1B8I01 e i>ay" till .l.SSl'.-.S'ttJC lalledin 1905 U Before pu y't o[ assess' tsoallb.l 111 190 1. • Bi.t.uulasKed. .\'e« r stoclc. f Ass't paid. jj U<§ *2 7V 2 34 2 l4 • 1 1 103 103 3 14 103 IV IV 103 101 IV 102 '2=8 '4 l l '4 1 -. '-, 1 '4 1 . :! (i'oO 80 t5 F'eb 125 Ma) lVJ'ne •50 3 ' Aug. 1 " 19 1905.) BUMM Aug !.' 4s I'i'. 1908 1924 1907 1944 1906 Iniprovenuiii -Is Bohi it Hon 3d issue 7s... 1904 Boston Terminal 1st 3 Sis. 1947 1918 Bur it Mo Hiv ix 0s 1918 Kou viftii|it tts Sinking tuud 4s 1910 1913 Butte it Boston 1st lis Cedar Kap it Mo 1< 1st 78.1916 1909 •jd 7s Ceut Venal 1st u 4s.. May 1920 OhicBun A y extend 4s. 190G 1919 Iowa Div 1st 6s 1919 Iowa Div 1st 4s 1913 Debenture 68 1982 Denver hxten 4s 1927 Nebraska Kxteu 4s 4s 1921 s BA S 1 949 1 Uiuois Div 3 "v.* Joint bonds tlt» Ut Northern Yds stk 6s 1915 Onto Jo Ky <fc Coll trust reluudiug g 4s 1940 Oh Mil & St P Dub D 68.. 1920 Ch M & St P Wis V ill*- 6sl920 ChieA No Mich 1st gu 59.1931 Mich gen 6s.. ..1921 Chic A Couconl A Mont cons 4s.. 1920 Conn A Pass K 1st g 4s... 1943 1927 Current Kiver 1st 6s Del Or Kap A \V 1st 4s... 1946 1913 Dominion Coal 1st 6s 1906 Eastern 1st goklOs Fitohburg 4s 1916 1927 4s Fremt Klk A Mo V 1st 0s. .1933 1933 Unstamped 1st 6s Gt Nor C B A Q coll tr 4s 1921 1921 Registered 4s W 6s. t Not M-S or Last sale W 97 IS *< /anuary U>7 102 '.' 1 MOV, , Hi M2>4 OS-* 08% Si iVo" !04%Apr'00 J-J 117 Feb '04 99-gJau'o-: 101 Mar'O FA FA MO IS.' 98% 102 Kei/'o'l J-D M-N Nod 1 12 Hi.... I I -' H>J'4.... U'-'-jJ'ly'OS 99%.... J-J 100 100 loo 129 J'ne'01 J'ue'06 A-O M-N j-n Ill's K Sep 100 A-O A-O M-N 101 FA . lO'.l MnvV5 101% Api-'O.'i 105 J J.J 09% Apc'OS 95^ 96 '4 05%J'iy*05 MS 1 107 % J-J A-O 100% J-J J.J 125% 120 J -I) A-O A-O A-O MS MS -. Apr 102*8 SS iOO 102 102 Sj 1031s io2%J'iv'05 98 101% 100 101% 109 102 Hi Mo 107% 109 Si 102% 103 Si 103 MiSHs Hi 105% 109 140% 189 189 98 98 49 loll., 10034 Aug'05 140H. 101% 101% pays accrued interest In addition to the purchase price for Shnre Prices—Not Per Centum all Tuesday Aug Aug 15 108 26% •56 74 •85% 86 'So ilonaau 85 107 109 25% 25% 25 h 56 67 25% 89% 54 64% 27 Hi 27 IIHj 544 54% 27 Hi 27% llHi 11% H; HH 108 Hi 18 112 70 74 72% 74 34 72% 4 72H» •17Hi 72 ^ 46% 8%8 47 Hs 109 112 . 89Hi Hi 4 72% 47 •47 47H2 46 H 47Hi 40% 46% *61% 62 •6034 61 99 Hi 99 H. 99 4 99 Hi •86 108 '86 25 25 •88 Hi 89 Hi 55 Sj 55 j4 *53 27 Hi 11 11% 27% 11% ll% Boston Bonds. - No pnoe 17% 17 17 109 71 34 4H> 109 73 Hi 47 Hi 46 Si 46»ib 62 Hi 4l)»ie 62 72 •108 70 Hi 27 71 Hi 72% 73 4 56Hj 56 B ie 4«9i6 47»i« 4h« 46% 8% 8"i« 46 9 56 '4 47 H 28 S. 28Si 55i% 8 56% 47% *47Hi •47 '4 4615i,i 47% 61% 61% 99% 99% 62 99 70 34 4 47 62 61% 98 '4 99 24 24 PHILADELPHIA Inactive Slocks American Cement 10 Bell Telephone 50 Cambria Iron 50 Central Coal & Coke. 100 Preferred 100 Consol Trac Pitts 50 Preferred 50 Diamond State Steel. .10 Preferred 10 Easton Con Electric {.50 Elec Storage Batt 100 Preferred Qermantown Paae Inter 9m Pow<fc Chem.50 Keystone Telephone ..50 Preferred 6% 49 49 % % 81 Si "a 83 Tonopah Mining of Nevl United N j k <t C.. loo 1-. Unit Pow * TraDs....j5 United Trac Pitts 60 Preferred 50 Warwick Iron <fc Steel. 10 West Jersey & seash.50 Westmoreland leaniioremmi Coal Coal. ...50 • ibij% Atl City 1st 5s g '19. M-N Balls Ter 1st 5a 1926.J-D Berg&EBrw l8t6s'21 J-J Bethle Steel 6s 1998. y-1Ckeife D Can 1st 5s '16 J-J Choc & Mo 1st 5s 1949 J -J gen 5s'19 J-J Col St Ry 1st con 5s 1932 ConTracof X J 1st 5s. '33 E<feAl8tM 5s 1920 M-N Elec <fc Peo Tr stk tr en- ChOk&G Indianapolis Ry 4s. 1933 Interstate 48 1943 ..F-A Gen 50 N Honda E ext 7s 1910 A-O AniRysconvSs 1911. J-D Lehigh Xav 4Hjs 'I4.y-J BRs 4s g 1914. Q-F 82 12 Hj Consol 6s 1923 108% Friday Con J-l> JU Annuity 6s Gen cous4s 2003. Leh V Trac 1st.4s ".'9. J MX 99 100 163 99% Mo 3H 1H 2 13 Hi 269 '4 4 P 107 87 Hi 89 63 Hi 109 Hi 113 1 16 Si 115 '_ 150% 152 1% 4 18% 270 '36..M-> 6S rl9l0 Consol 5s L919. I'liiii it Md Steel coi Pa it N Y Can 7s '0<;..I1> Cou 5s 19.19 i'i 11 lieu 11 1 i.12% 4 s 1939 im Steel 1st 5s Pi upl- s 'III: 1 P Co Con&coi 61 89 89 Phil Elec gold trust Trust certil.s ceriils 4s 4a . Bid ana asked prices; no tales on this day. 02 loss .M-N 1 . I H Ex-nghU. i.*',| || J7 j 00 103 MH paid. "i 1-JfiBj, '.liS 98 Hi 9 Si J'ly '05 103 1C4 I'll 94 '4 105 106's IOJ'4 102% 24 25 Si Sep I 1)8 : 'hi May'...'. M». Suie 24 76% '01 j'ly '01 21 J'ne'O. 102S: Aug'04 97 97'. 101 102 97 Si Ml 101S7 102% L08% Hi'. 1 100 100 98 94 i-/ Ml Ml J'ly '05 J'ly 'Of Apr '06 102% 103 Wi\ 103% Kell'rr. Mil 106 4 1 Deo '114 Deo'tM 104s4 J'ue'04 Jan '05 Mai '05 lO.iH, Apr'o5 M02»» 1027, 124 '4 125 Hi M;i i„103 Hi 1102'g 125 103 Si W& B col 109 111 Inactive Stocks Ala Cons Coal& Ii on.100 Pre! 100 Atlanta & Charlotte.. 100 Allan Coast Line RR 100 Atlan Coast L (Conn) 100 Canton Co 100 Georgia Sou d; Fla...l00 1st pref 100 2d pref 100 G-BS Brewing 100 ill Vernon Cot Duck BaltTme -I 5s..'29 M N No Hall DlY&t 1942 J-D Converlilili. 5s. '06 M.N 1 Eyoon5sl992 -M-N Ext& Ext s & Imp 5s. 1932 M S 58.1932 T*16pald. I tii t 1 . >lo paid. 4 '!92«a1I97% 102% 102 Hi 106% 100H1 104 104 7(. '4 103 '05 1191 :i 4 J 1191 an and asked. M9% Kange Highest 57 Hi 71 3 5% J'ne 15% Dec 54HiApr 4 J'ne 51 Not 18% May 26% Oct 7% Feb 11% Dec 6HjJ'ly 14Hi Nov 20 Aug 44 Hi Not Jan 26 49 25% Mar 43 4 3 112 12%Apr27 33% Feb 2% Mar 56% Mai 37% Ma) May ||5 tl7% Jan 4 $36 Apr 17 39% Jan 13 56 34 Augl- 8 Jan 19 4 Mai 9 Jan 25 J'ne 5 45 May 20 42 Jan 9 58 Hi Mar 9 90 J'ne 5 20 Feb28 48HiMar27 47% 8 Aug 17 47 J4 J'ly 10 63 May 19 126%Aprl8 Jan 17 28 38 28 45 a4 81 19»4 1 '4 117^4 i'is*" 22 8 Charl C ife A ext 5s. '09 J -J 1910 A-O 2d 7s City & Sub 1st 5s. .'22 J-D City <fc Sub(Was)lst58'4s Coal & I Ry 1st 58'20F-A Col&Grnv lst68.1916J-J Consol Gas 6s. ..1910 J-D 1939 J-D 58 Ga & Ala 1st con 5s '45 J -J 104 1 02 >4 Bound M3 II 115 Un Ry.t El I.A I' 105 97 99 \a Mnl Isl Is '19 L949 106 105 115 108 116% 1 '4 UlHi 115 i'l6Hi 62% 63 31'. 31% 104 120 110'j 85 S, 86 90 116H 90S M.s ih |HJ 1 1 I 112% 113 B.M-S 115 J.J -I I.Jsl 191 1 J-J L J J 96 IS , Wll 91 113 1921. M-S >s pa:<U 2 511. 117 lis IIS 1 111 123 .It), 1 $20 107 109" .M-S i'1'7" IS 101 Si M.\ ..M-S 911. ..M-S I 3d 108 ' is • < A, \S • * 113% . 1st 5s. ..\ I l-.l [not B5 11 J .-south ua .1 Ask Ms Ueneral 5s.. ..1941 Norfolk St 1st 5s '41... -I North Cent 4 His L925 A-O i-i Series A 5s 1926 Series B 6s 1926. ...J-J Pitt Ua Trac 5s 1997.JJ Poto Val 1st 5s 1941.. J-l Sav Fla & West 5s '34 A-H L960AXI Beaboard v 1. Saab A ' " i« L926.J ' 1 107% 107 Nov Deo Mid Xpt N&O P 1st 5s'38 M-N 445 95 Hi 1 Oct 96 Hi 97 Hj GaCar&Nlst5sg'29J-J 85% Georgia P 1st 6s... '22 J-J 113^ UaSo <fe Fla 1st 5s 1945J -J 64 65 G-B-S Brew 3-4s 1961M-S 2d income 5s 1951 M N Knoxv Trac 1st 5s '28A-U LakeR El 1st gu5s'42M-S MetSt(Wash)lst5s'25FA 90 94 Hi ilt Ver Cot Dock 1st 6s Incomes 165 437 90 30 99 73 4 70 43% Oct 10% Dec 19 Nov 41 Hi Dec Mar 46 Dec Mai 42 Hj Dec .la Ian 59 Hi Dec M ay 1 08 Dec MS 112 Hi 113 69 % Dec 1 BALTLHUUE Ask 106 86 Deo 109% Dec Jan J'ne Chas City Ry 1st 5s '23 J J Ohas Ry li <fc El 5s '99 117 Highest Lowest Mar 18 3 lor Previoui Year (1904) Augl2 74% Aug 14 3 J'ne 1 5% Jan 17 65 13 ig May22 73% Marl3 8 Hi Flat price. 1i tor Year 38 H, J'ne20 14 Hi May24 40 J4 Hi 91 lllHt Weekly, Yearly Daily, Jan 103 105 103 109% Aug'05 L09HiI"! 48 1,1 AH 1105% IOO?, WIS Si 11 138 107Hj111Hi Apr'Of 103 8 May'05 104 Hi Aug'05 M'J 24% May 2 2 28HiJ'ly28 lOHi Jan 25 12%Feb20 10 Jan 9 17 U Jan 27 J-J (Jeni'l Feo'03 109' 8 1I0' 4 1197% 1197% 102 Si J'ly '0 Hi 100 97 104% 106% 1053.1 J'ly '('5 tr 4s '21. J -J BALTLHOltE '02 1 107 Ry con 5s 1930 'tis of Mai 99% J'ly '05 100% 00\ HI 05'* J'ly '05 1180% Aug'. 6 latest bid ; 102 99 M MO 105 Si 106 Si 227 Bui Roch Ry& L con 5s '54J-J U Trac Ind gen 5s'19.J.J Un Rys Tr ctfs 4s'49J<fcJ U Trac Pit gen 5s '97 J J Welsbach a f 5s 1930. J-D Wlk8-BG<&Econ5s'55J-J Bait* PlHtOsml'll M-S 19 101% 108% Si ,366 ,156 150 Halt Fuiidg 68.1916 M-N Exchange 3 His 1930 J-J i . 60 Hj 11" I ' 10J' 4 BaltCPasslstos'll M-.\ "'4 '.j L6% Nov'04 M. ot '82 4s '37. J -J indent is 6-20 vrls 1926 M..\ , »>• Aug'05 83 99 ,509 Terminal 5s g 1941 .Q-F ' Con I'i lol 102 100 -'1 1 lis Lowest 3.10 I 116 ioo'i, 1.1 1905 •23 Itoudn Anacostia & Pot 5s Atldfc Ch 1st 7... 1907 .)-.) Atlan C L BB481962M-9 At coast L(Ct)ctfs6sJ-D .1 Income is 1939. ..M-N NoOhloTrac con s'19J-J 1. I 11 iiiij/i I 120 78 Si 12SjApr24 ,278 M 7a 1911 J-D 6s g 1911. ...J-D M 4s g '47. A-O Rochester XewCoIMia.if.i 19 1- J-lNewark Pass con 5s N VPh<fcXolst4s'39.l N"0 I'enn 1st is Con 50 M2Hi Ml Mange >565 Ex Imp 126" 102 94 104 75 tht ,475 ,139 ,4o4 :728 ,408 ConM 90 - 1 > 107 J'ly J'ly P & E ger M 5 g '20. A-O Gen M 4sgl920..A&O Ph & Read 2d 5s '33. A-O 109 J'ly MS 120 ,650 100 Hi J'ly ,523 52 Hi Jan PHILADELPHIA Ask 4.%8g.l924.Q-l Leh V C 1st 5s g '3.;. .J-J Leh V ext 4s 1st 1948. J-D M-S 2d 7s 1910 02 65 Hi 108 M 70 24 399 100 Lenigli C & Nav tr ctfs. 50 Lehigh. Valley 50 Marsden Co 100 Pennsylvania. KR 50 Pluladelp'a Co (Pittsb) 50 Philadelphia Electrict. 25 Phila Rapid Transits. . 50 Reading 50 Do 1st pre! 50 Do 2dpief 50 Union Tracton 60 United Gas Impt 50 WelsbachCo 100 Eq HGas-Ll8tg5s 1928 Keystone WatchCase. 100 Lit Brothers 10 Little Schuylkill 50 Mlnehill & Schuyl H..60 Haven Iron & bteel.5 Northern Central 60 North Pennsylvania. .50 Pennsylvania salt 60 Pennsylvania Steel. .loo Preferred 100 Phila Co (Pitts) pref.. .60 Phil Oermau <fc Norrts.60 Phila Traction 50 Baiiway* QeneraJ 10 8uM)ueh Iron Ac Steel.. Tidewater steel 10 Preferred 10 Mid H & B Top con 5s '25 A-O 25% 26 J-J 4,126 Philadelphia American Railways.... 50 Cambria Steel 50 Al Val 7 58Hi 100 60 Harrison Bros pref...loo Indianapolis St 100 Indiana Union Tr 100 Insurance Co of N A.. 10 PHILADELPHIA Ask Mid Si Sj Mayl6 90 Apr 13 May25 110 Feb 24 21% Jan 16 26%J'ne30 83 Mar23 90 Hi J'ly 6 1,267 47% Jan 24 67 J'ly 10 Lake Superior Corp 108% 109 28% 28 7* 46% 46% Hi 17 17 28% 102 123 242 895 175 11% 11% Electric Co of America 10 •11% 13 Gen Asphalt tr ctls 100 *44'4 45% Do preftrctfs 100 17 109 72 Si%<i 9 98% 53% 72Hi72l%8 46 46 46% 46 8 16 16 28^4 54'4 4 7 Hi 53H2 27% 4%e 4%e 72% Hi 54 27 Hi 11% 11% 4%o 4% 8 62 98% 98^ 15 17 72H, 703« 4»4 47 17 109 109 72% 72% 46 90 lol '' r 11 (i 100'* Nov'Oi A-O A-O A-O Sales 100 107 Northern Central 50 Seaboard (new) 100 *25Hi 26 Do pre! 100 89 1st Si •88 Hi 56 56 Do 20 pref 100 15% 16H, United By & Electric. 60 "24% 25% *53 27 Hi J-J J-J FA Baltimore Consolidated Gas *86% 90 9 IS. : FA 107 *65% 56 54 54 Hi 27 4 Aug 18 88 108 ' A-O (For Bonds and Inactive Week Stocks see below) Shares Friday 1? 15 54 27 Hi Hi Aug l4Hi 8% S'%6 8% 813 19 28% 29 28% 29 J 54U 54% 5> ie 1S 55 Hi fe%6 53%54i% 6 46% 17 ;• 29 Hi 29 v •47 17 86 109 25 Hi 55 Hi 56 14Hi Thursday Wednesnaij Aug 16 MS l'.."_"_' Line 1st a lis Repub Valley 1st s 68...1919 J-J But land 1st con (ten SjS.1941 J-J Ktitland-tJanadian 1st 481949 J-J Savannah Klee 1st cons 5s. 1 052 J-J 1930 Seattle Elec 1st g 58 Torrington 1st c 5s 1918 M-S Uniou Pac K R A 1 gr g 4s. 1947 J-J 1st lieu conv 4s 1911 M-N United Fruit conv gen 68.1911 M-S U S Steel Corp 10-60 yr 5s. 1963 M-N West End Street By 4s.. ..1916 K-A Gold4Sj« 1914 M-S Gold debenture 4s 1916 M-N Gold 4s 1917 F-A Western Teleph A Tel 5s. 1932 J-J Wisconsin Cent let gen 4sl949 J-J Wisconsin Valley 1st 7s.. 1909 J-J ol 6a turn ay Aug 13 .I'nr 98>., 1905 J-J 1024 FA k 4s.. 1946 J-l) ACTIVE STOCKS I'rices 'h 108 A L28Hi 123 Si 98 91 104 V lots, MS Exchanges— Stock Record, Philadelphia and Baltimore Stock 28 n Low 1 10H% 108% 109% 98 101 J-Il Sli in • 1 108 J'ne'05 101 Oreg 11 /.nil' 1 M-N 1 1 1st 6l 06 % 108 9'JSj 100 H> 126 Si 126 Si 126 126 101 4s..T.'l Jan 1939 Jan 989 96% Old Colony gold 4s Oreg Hy A Nav con Sj 1 103 % Apr '05 105 -'i Muy'O.". 140 J'ly '().•. 140 Apr'Of) 139 139 101 h Sale J-J Q.J \ 199 101 5 '1 HOUfthAOnt cons 1110 3s cons me 3s _tl 90 i Ml A-O A-O A O M ion Telep eons 6a tr reo.1929 J-J Minne tien Klee eon t 5s 1929 J.J New EngCot Yarn OS 1929 FA 1000 A-O New Kuk Tolepli (is 14307 A-O Ss L908 A-O 6a 5s 1916 A-O 1905 Y.t N 1st 7s J-J N Ens ii'.'-Y M9HiMar'o5 M-S M-S A-O A-O 's 1 1 1 95 Fe-b'05 Si 1 1 a Mar*05 109 KiS'i 109 Hi Mar'02 112% Jan '03 10S a« Sale 1 lstos.r.125 Mexican Central cons 1st Marc". Si 120 108 109 Si L29 1 107% Aug'05 MO'4 ll'OHi 120' 4 M-N J-D MO 99 ae'04 100% loo 106 Hi DCO'02 '. M.irn "04 M-N i'oo'sj 102% 102S) III 'sJ'iy'oa vs 8a 90 88 < I Dec '04 Sj live it A 1 112% J an '03 J-J J-J It- 1»«- 11 5 s... 1913 Sioux 1st 7s.. l'.HT Ivan C CUD it Spr 1st 68... 192.1 KsnC i'i S a Gull 1st 7s.. 1908 Ivan C I'i Seotl A M 68 1028 1H34 Kan '' M A H L-en Is lU Assented income .">s Kan CiJ M RyA Mr 1st 5sl920 Kan I'M JOA C B 1st 7s. .1907 i:a Ft sin hi gr 1st 7s... 1005 Mains Cexu cons 1st 7s... 1912 Cons im is L912 i-(i la Falls Jcange since or Lati s,iU Hi. ,n :oo>„ A.ng'06 Si 10 J 101 Ml'-. 101 '.. 1 •• 1 Illinois Steel debet) 5S....1910 j.j MS I", Kanye Ask Kill 97% J'ly'05 M."., tridav Aug IS lliu 95% Bale 1 Week's Price BOSTON STOCK EXCH'GE 51 W'KKK ENOINU Al'Dl'STlS m '/ '1 1 MS . NOTE— Buyer ' 1 661 BONDS Kange Range II AMI Low 100 V 100 Aug'05 Hid J-J 100 Am Hell Telephone 4s 1008 J.J Am TeieniV Tel ooU tr is. 1929 M-S '.•6 Atch a Nebraska 1st 7«.. 1908 AtehTopA s Fegen g4a,. 1996 A-O 102 AlllUKlUK'Ut Week's Price Friiia u BNonra al'uustis Boston EleOl Light 1st Cobsoi 5s. Boston A Lowell 48 Boston it Maine 4 "-js ' Boston Bond Record. BOSTON STOCK KXTH'GE Win ' : 1 16 110 11<> Hi THE CHRONICLE. 662 [Vol. lxix/ %tXMstmtnt and flailroad Intelligence. RAILROAD GROSS EARNINGS. The following table shows the gross earnings of every .Steam railroad from which regular weekly or monthly returns can be obtained. The first two columns of figures give the gross earnings for the latest week or month, *nd the laat two columns the earnings for the period from July I to and including such latest week or month. We add a supplementary statement to show the fiscal year totals of those roads whose fiscal year does not begin with July, but covers some other Tie returns of the street railways are brought together separately on a subsequent page. period. Latest i-tross ROADS or Weak Month karninas Current Year July Previous Year Ala Gt Southern. See Southe rn Ry. Sy item be!o lexa>- 'aiilio. Ala 230,526 178.631 N O A No East. uly 95,775 102.391 Ala<to Vlt-ksb'g uly 98,545 uly 101,213 I'. Vlcksb 8h A une Inc. 90,509 Valley Allegheny 32,00s 33,532 3dwk July Ann Arbor 5,880,()02 >, 117,407 AtehTop AS Fe. une ^90.186 274.170 Atlanta & char.. May 55,890 88.079 Atlantic* Blr... une 2,032.717 1,701,190 Atl Coast Line... une 15,612 15,040 Bait <t Ann S L.. u e July 5,708, .s:so 5,274.542 Balt& Ohio 191,910 150,305 Bangor A Aroosi uue 5,634 4,053 Belief onte Cent'l uue une 5,914 3,609 Bridgt&Saco K. '1 2d wk Aug I70,yis 100,010 ctH Butt Rooh <& May 104.348 84.332 ASusq... Buffalo 149.510 138,130 Oal North w'n..... une 70.700 68,600 Canadian North ;u wk Auk Canadian PaoiiU 2d wk Aug 1.048,000 995.000 169,350 103.400 Cent'l of Georgia letwk Aug NUA Cent'lof N Jersej nay Chattan South'u. Chesap & Ohio... Ohio & Alton Ry. Ohio Gt Western. Chiolnd &L'v... Ohio Milw <fc St t Ohlc& North W Ohio St B M &0. Ohio Term Tr Kh ithwkJu'y June. June ...... ..... 2,113,292 1,924.915 3,04.5 6.662 1,840,555 1,737.716 I to Latest Dale J Attest ROADS Previous Year Current Year w. or lnr. 102,779 68.375.835 3.388,375 1,007,460 22,202.901 165,400 5,708,s30 2,159,069 50,941 48,306 1,092,936 1.028,886 1.541.199 551.000 6,000.000 1,055.832 20.073,526 10.517 20.724.370 11,797,312 911,460 610,015 49,684,110 55.745,273 11.925,990 204.995 178,631 95.775 98,545 115,406 107,682 68.171.199 3,251.026 075.134 0,544.974 107.094 5,274,542 2,015, 55 06,401 45,950 981.227 881,737 1,470.969 438,300 6,270.000 90 J, 051 19,795,680 14,280 19,297,524 11.425.852 791.048 558,417 48.330.S33 53,334,633 11, 438.287 193.078 916,326 956.16? 2d wk Aue 147,923 134.619 lstwk au^ 120,43a lOs.291 June . 4,240,621 3,866.19s June 5,044,816 4,380,556 uue 989.940 851.690 2a wk Aug 32,942 29,563 CinNO&TPao. S -e Southe rn Ry. Hv stem belo w. 1,926,57.-) 2,038,743 22,372,311 21.069,953 CI Cin Oh A St L. June 210.798 284.574 2,834,425 3,069,693 Peoria & Kast'n June 687,895 603,130 Colorado & South lstwk Aug 133,312 119,750 14,732 232,912 16,040 225,035 Col Newb & Lau. June 58,079 44,979 562,729 460,453 Copper Range... May 21,683 6,612 68.422 Cornwall........ May 89,803 21,121 256,099 Cornwall &Leb.. May 33,359 222,827 Den v. & Rio Gr. . 3d wk Aug 366,lo0 290,700 2,203,900 1,864,200 86.960 86,305 990,552 981.313 Det <fe Mackinac. June. DetioitTol. <talr 4tuwkMay 38,520 29,330 1,335.309 1,392.947 lstwk Aug DulSohh A Atl.. 61,596 53,313 315.907 289,074 May Erie 4,135.108 3,869.030 41,390,863 41,108,528 F'rchild&N'r'e'ii June 2,035 36,381 3,027 36.019 8,206 81,257 Farmv& Powhat May 9,298 76,736 56,691 Fon Johnst& Gl. May 55,325 647,850 614,438 Ft Denv City May 205,075 152,566 2,312,340 2,321,575 June Georgia RR 191,681 156,627 2,481,205 2,418,282 Ga South A Fla.. Si e Southe rn Ry. sy item belo W. Gr Trunk System 2d wk A g 717,990 687.238 4,504,640 4,359,220 - GrTr. West'n 4thwkJu y 395,412 125,862 107,632 364,394 138,752 42,304 34,678 % DetGr H&M.. thwkJu'y 130,279 3,694,329 3,491,979 3,694.329 3,491,979 Great Northern.. July 200,831 Montana Cent') July 200,831 180,736 180.736 Total system July 3,895,160 3,672,715 3,895,160 3.672.715 le vvk A uj.. Gulf&ShipIslauti 201,268 36,703 39,373 181,155 Hooking Valley. June... 527,672 481,852 6,013.213 5,725.481 Illinois Central.. July 3.708.14S 3,706,148 3,805,184 3,805,134 Illinois Southern July 29,436 27,056 29,436 27,056 Indlll & Iowa... June.. 1,793,65;; 1,615.814 Int A Gt North'n 2d wk Aug 95,100 88.100 637,800 574,560 2d wk Aug llnteroo (Mex) 718,624 106,039 104.480 661.749 2d wk Aug Iowa Central 48,072 318,866 51,407 285,»89 Kanawha & Midi June 150,875 139,391 1.764,172 1,657,665 Kan City South'n June 536,340 464,874 6,027,752 6,450.320 LakeEne&Westn luue 4,923,617 5.096,211 Lehigh Val RR.. May 2,781,731 2.514,000 28,288,375 27,036,112 Lexing & East'n June 43.317 469.466 44.315 603,970 June Long Island . luc Inc. 13,750 650,051 Louisiana & Ark. June 844,535 79.001 60,795 704,672 Louisv A Nashv. lstwk Aug 747.305 A; 696,820 4,045.515 3,618,058 Macon & Birm... July 10,177 10.177 9,830 9,936 Mania ANo Eas; May 39,959 35,597 396,188 376,289 lu.y Manistique 12,378 12,378 9,237 9,237 Maryl'd A Penn.. June 26,088 23,376 323,569 306,795 tMexioan Cent'l June 2,245,810 103,665 26.097,698 26,002,202 ; Mexican litem. June 525,322 572,45s 6,572,071 6,932,877 Wk J'ly 29 106.000 100,900 488,800 439,500 {Mexican Ry 4thwkJu'y 33.307 27,694 101,039 88,222 t Mexican 80 nth' Mineral Range.. lstwk Aug 12,841 14,083 73,642 68,975 2d wk Minneap A St L Aug 67,371 56,599 426,088 300,280 lstwk Aut F M8t & S St M. 175,107 149,22s 921,654 746.975 Mo Kan <& Texa* 2d wk Aug 352,035 317,764 2,297,637 1,987.770 Mo Pao & Iron Mi 2d wk .aug 793.000 813,000 4,829.000 4,714.000 Central Brand 2d wk Aug 49.000 36,000 248.000 205,000 Total 2d wk Aug 842,000 849,000 5,077.000 4,919,000 Mob Jack & K C. WkJuly 22 14,964 10.412 43,075 31,624 Gulf.feChic.Dl v. W& 1 — . . . i, INat'l Nev-Oal-Oregon Nevada Central.. N YC& Hud Rlv Y Out*; West. N Y Susq A West v) Norfolk & West'n Northern Central North'n Paeirto.. Ohio Rlv& West.. Paoitlc Coast Co ePenn— EastP&E eWest P A U . PhilaBalt&W'sh Phlla A Erie iMttsbCO Raleigh & & St I. 8'port Heading Railway Coal& IrCo Total Both Cos Rich Fr'keb & P Rio Grande Jot.. Rio Grande So.. Rock Isl'd Sys. . Jutland RR L Southwest .. Seaboard Air L.. Southern Ind So Pacific Co b.. South Ry Systeo. Southern Ry .. Mobile & Ohio Cin NO*. To* I Ala Great Sou G* Scuta A Fin Texas Centra! Texas A Pacific. lstwk Aug intwk Aug istwk Aug July . . & So W'u Wabash West n Maryland W Jersey A Sea t Wheel & LE Wisconsin Cent.. vVrightsv A T'n.. A Miss. Ar g V Mar. 1 Birmingham Atlantic Bellefonte Central Dec. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Mar. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Deo. Jan. Jan. 1 & A & Louis Eastern International & Gt North'n St. . Interoueanic of Mexico Western Lake Erie North Eastern. Manistee Manistique & & Maryland & Pennsylvania. {Alexican International .. Mexican Railway {Mexican Southern 1 Missouri Pacitio Central Branch Total. JNationai RRof Mexico.!.. New York Central. Northern Central ePennsy., East of P & E eWestof P&E & Wash... Phila Baltimore Erie Philadelphia St Louis... Pitts Cin Chio Rio Grande J unction Texas* Pacific & & West Jersey & Seashore AGGREGATES OF GROSS EARNINGS- Weekly and WEEKLY SUMMARIES Current Year Previous Y'ar 9> 2d week May 3d week May 4th 1st 2d 3d 4th 1st 2d 3d 4th 1st (42 roads)... (41 toads)... week May (46 roads)... week June 42 roads)... week June (42 roads)... week June (41 roads)... week June (43 roads)... week July (39 roads)... week July (40 roads)... week July (41 roads)... week July (44 roads) .. week Aug. (37 roads)... 7.667,810 7,591,421 12,098.498 7,601.132 7,936,328 7,911,463 11,003,290 7,375.914 7,864.915 8,248.621 12,024,707 7,764,528 7,164.329 7,177,961 10,851,080 7,201,591 7,500,339 7,471,193 10,612,240 7,065,705 7,168.544 7,454,582 10,977.932 7,198,361 Inc. or Dec. p. a. MONTHLY SUMMARIES 1 1 1 1 1 Current i ear 4,839,419 099.25, 759,847 355,693 135.686 7o,575 1,094,408 (122 (124 (124 (124 (123 (116 (117 (118 (115 (118 ( ( 58 55 Previous Year 802.694 1,275,610 15.328 29.268 6,443.018 6,010,110 2.39s, 279 22.i00.991 10,148,648 4,071,388 1H1.305 5,310,99] 119166794 2,luo 13.598,549 7,643,850 24,337,130 3,881 31,900,074= 32,225.017 04.125,091 1,522,332 539,293 45,076 412575,874 2,414,451 1,314.220 32.s74.767 943,931 11.720.213 103,125 92,933,228 42584.100 598,364 691,237 2y3.237 131,892 51.150 1,113,977 12.700 3.598,683 121.835 412.677 657.957 55,279,230 46,091 3,130,254 3,633.097 4.311,158 510,943 153.698 5,921,096 172.070 520.814 Premoiis Year IVar June 30 May 3: June J une June June 30 30 30 30 Aug. 14 Aug. 14 June 30 May 31 July 31 1 June 30 1 June 30 1 July 29 1 July 31 1 Aug. 14 1 Aug. 14 1 Aug. 14 1 Aug. 14 1 July 31 1 June 30 1 June 30 1 June 30 1 June 30 1 June 30 1 to June 30 1 to May 31 1 to Aug. 14 1 to June 30 1 1 Inc. $41 9,753 $944,110 $876,622 398,727 58S.10:) 29,455 29.480 10,231.023 9^(99,821 l,306,9o4 1,523,677 3,456,177 22979,997 3,924.01s 3.931,876 2,277,8o4 2,325,228 186,174 197.537 45,199 53.973 100,062 111.090 3.242.481 32561.604 3.6o9.0o0 3,555,400 698,233 719,100 23,910,010 :4,209,9U 1,006,250 5,278.161 7.175,277 1,013,973 -'4,930.589 7.465,788 46,324,861 2. 916,421 4,996,094 4,878,494 62,384,676 56,695.676 Inc. 3.2 1,200 7,069,yll 0,572,711 3.645.0y2 3.470.666 12.538,925 11.618.160 262,610 260.034 6.740.394 6.550.770 1.S32.352 1,775.352 : out lily. Current Year Previous Y'ar $ $ 4-503,481 7-02 Month Aug. 1904 + 413,460 5-76 Month Sept. 1904 + 1,247.418 11-49 MoutuOct. 1904 +399.541 5-55 Month Nov. 1904 1 435,989 5-81 Month Deo. 1904 +440,270 5-87 Month Jan. 1905 +391,044 3'68 Mouth Feb. 1905 +310,149 4-38 Month Mar. 1905 Month Apr. 1905 -t 696.371 9-71 4-784,039 10-66 Month May 1905 +1.046,775 9-53 Month June 1905 +566,167 7-88 Month July 1905 .11 1 to to to to to to to to to to to to to to to to to to to to to to to to to Latest Date Curreixt Period Jan. 1 C. C. to 1 Allegheny Valley Atlanta & Charl Air Line Peoria 867,983 244,860 133.790 56.798 131.892 Aug VARIOUS FISCAL YEARS U I .. Wm'sport&N.Br Yazoo t*revwu* Year v 13,808 11.147 158,504 182.00 J 1 ,000 12.700 11,000 317.689 340.031 3,766,04!) June 122.S05 23,4-./ 21,800 lstwk Aug 403.07y 79,072 76,925 2d wk Aug 003.038 58.577 54,249 June iune 5,219,759 4.617.361 59,324.947 73,187 46.691 tuly 73,187 id wk Aug 438,529 540,050 2.997.yol 350,709 320.412 3.900.-47 June 417,624 400,024 4,304.45s /une. 620,s64 84,742 2d wk Aug 106.100 154.807 14,90* 14,922 lay 594,899 518,445 6.085.119 May 190.554 12,0,0 9.800 Juno 497,000 497,666 520,844 /uly st «vk 1 2d wk July Tex S V A N W Tol <fe Ohio Cent Tol P & West Tol St L <te W. Tor Ham <fe Bull Jn Pac System 887.347 279.910 146,461 63,914 135,686 IthwkJu y . Virginia Current Year ! . Jos&Gr I L & San Fran g St St St Week Month J See 8outhe rn Ry. 8y s em )iel> 785,457 802.694 735.457 July.. 2d wk Aug 222,041 207.67y 1,375.413 20,306 20.300 15.328 July ::,oio 1.751 35.65.3 June. 29s 13,017,135,-98 7,135, 6,4 July 009.634 570.497 6,410.725 M ay 245,663 249,674 2.485.707 viay 2,108,842 1,975.912 24.089.258 June 933,702 89 .,902 10,405, U4 5 June 4,471,792 4,071,388 4,471,792 July 1-6.981 18.405 182,705 May 523,510 522,220 5,580,120 May 11467759 9.777,559 123834194 June Inc. 7 75,500 llU 3.91 June 1,265,917 l,2(i,417 14,l00.74:i June 751,803 714,;. u9 7.852,738 June 2,241,342 2,020.94:9 25,029.370 une 4,680 3.881 4,636 July 34.004.15", 3.550,477 2,950,9 May 3,642.048 3,347.091 33,303,715 iay 7,192.525 0,304661 07,307,872 viay 171,769 158.U23 1.598. ise June. ...... 523.753 54,45 46,34 viay 53,4" 1 7.64z 10,799 lstwk Aug 3,498,374 3.025,225 40.289,090 May 2,494,304 June. 95.201 1.299.031 126.559 Ju e 3,022,486 2.642.320 35.319.4i0 viay 989.629 2d wk Aug 166.280 162,971 I2,43y,40s 1,221,594 1,056,81 «ay 103,12-j 106,-98 106,298 July.., 7,855,289 6,876,218 95,515,170 June.. & Ohio... A St L.. RRof Mcx Mobile Nash Ch 230,526 102,391 101,213 karntwj* (truss * Inc. or Dec. \P.C. $ +734,020 0-51 rds.) 145,292,493 144,558.473 +4,136,488 2-81 rds.) 151.475,024 147.338,530 +4.974.337 3 21 rds.) 159,732,959 154,758,022 rds.) 154,304. 117| 140,909 ,470 i-13.394,641 9-51 +9,858,462 7-20 rds.) 146,748,102 136.s89.640 4-7,852.980 6-58 rds.) 127.073,053 119.220,0/ rds.) 113.714,506 117.252,135 —3.537.629 3-01 12,743.311 9*73 rds.) 143,622.357 130.879.540 rds.) 136,595,868 127.237.317 r 9,358.551 7-35 rds.) 144,103,256 129.712,739 r 14.390,517 1P09 54,139,005 50,961,464 4-3.177.541 6-23 rds.) rds.) 50,144,735 40,659,292 +3.435.443 7-47 e Covers lines direotly operated, 6 Inoludes the Houa. A Tex. Cent, and its subsid. lines in Dota years. g Includes J Mexican currency. the Chicago A Eastern Illinois in both years. k Atlanta KnoxviUe A Northern included in both years since April 1; it nad previously been included In 1905 since Jan. 1. — — —— — — . AUG. . year. Pacific. Central of Georgia. Chicago Great Western Chic fndianap it Louisville... Chicago Terminal Transfer.. cm N Or >v Texas Pacific Colorado 4 Southern. Denver A: Rio Grande Duluth SoSh & Atlantic — Grand Trunk of Canada Grand Trunk Western. Detroit Gr Haven A ciulf it .. International A G1 Northern. Interoceanic of Mexico Iowa Central. Louisville & Nashville Mineral Range Minn ft St Louis Minn St 1* & S S M. Mo Kan & Tex Mo Pac 4 Iron. Mountain Central Branch Mobile Jack A Kansas City. . Nat RR of Mexico Rio Grande Southern St Louis South Western Southern Railway Texas Central Texas 4 Pacific Toledo Peoria & Western Toledo St Louis & Western.. _. Wheeling & Lake Erie.. Total (37 roads') Net increase (7.S8 p. increase, Da 146,401 133,312 368,400 61.596 $ 56,798 166,016 65,800 959,000 163,400 131,806 108,291 29,632 133,796 119,750 285,600 53,313 722,811 658,833 36,703 S7.400 117,711 49,429 747.305 39,373 80,400 96,057 $ 63,914 Roads 166,089 70.200 1,070.000 189,350 145,065 120 ;vi,704 April 1 Jan 1 July 1 ?.; 4,072 12,665 13,56: 82,800 8,283 63,981 56,866 149,22s 281,609 678,000 46,000 18,381 193,093 31S.871 676,000 35.000 .r ,0,70 7,000 21,051 5,000 50,485 1,242 10,615 25,879 37,262 12,841 10,94s 223,593 10,799 2,000 11.000 30,505 3,157 138,979 867,983 11,147 172,00s 23,429 72,234 508,034 81,119 14,189 19,304 2,601 7,764,528. 7,198,361 622,621 566,167 153, 108 887,347 13, SOS 133,513 21,800 78,332 508,342 97,440 1,629 6,098 308 16,321 56,454 For the fourth week of July our final statement covers 44 roads, and shows 9.53 per cent increase in the aggregate over the same week last year. 1905. s Previously rep'd (36 roads). Alabama Great Southern Tex Pacific Ala NO*North East NO* & Vicks VicksSh &Pac N O & Tex Pacific Mexican Railway Mexican Southern Mineral Range Cin Total (44 roads) Net increase (9.53 p. c) y Week ending Increase 1904. S S 11,336,264 10.419.S54 1,010,302 30,549 109,418 78,869 95,528 41,391 41,213 241,301 V 108,000 33,307 18,285 Decrease. S 93,892 27,897 2,616 668 58,302 7,100 5,613 67,631 38,775 40,545 182,999 2/100 900 27,694 20,665 1 1 Western Maryland. a. June July 1 to June 30 West N Y & Penn.b— April 1 to June. 30 Jan I to June 30 July 1 to June 30... 96,272 — reported this week. A full detailed statement, including all roads from which monthly returns can be obtained, is given once a month in these columns, and the latest statement of this kind will be found in the issue of July 22 1905. The next will appear in the issue of Aug. 26 1905. — Gross Earn'gs Net Earnings Previous Year. Roads. Allegheny Val June Inc. Jan 1 to June 30... Inc. Bait A Ohio.b July 5.768,830 •hie Ter Trans. b June 140,229 July 1 to June 30... 1,540,111 Current Year. $ $ 90,569 419,753 5,274.542 130,656 1,570,763 Inc. Inc. 8,017,926 61,377 576,254 Delaware 4 Hudson Alb A Susq, including Lack 4 Susq and April 1 to June 30... 1.757,343 1,686,340 Jan 1 to June 30... 3,287.423 3,071,347 July 1 to June 30... 6.433,976 5,848,568 Rens <k Saratoga 4 Adir.b April 1 to June 30... 818,184 809,928 Jan 1 to June 30... 1,504,272 1,468,352 July 1 to June 30... 3,298,940 3,252,252 N Y A Can A Chat'gay A Lake PI aci< LbApril 1 to June 30.. . 479,448 462,963 Jan 1 to June 30. .. 967,265 811,390 July 1 to June 30... 1,867,641 1,071, 01 o Del Lack A West.b Leaaed lines in N. V state April 1 to June 30... 2,903,149 2,772.660 Jan 1 to June 30... 5,373,754 4,820,603 July 1 to June 30 .. .11,472.915 10,170.305 Previous Year. $ 81,875 419,093 1,848,885 3S>27 497.459 C&CV&CSVb—893,608 850,020 — April 1 Jan 1 ft 1,545,460 3,266,383 1,576,198 3,055.184 150,645 251.102 793,446 152.192 192,302 769,516 110,672 253,372 625,888 .723 188,285 495,671 1,573,2 2,891,471 1,173 59,051 6,124.0 1.481 N Y..b— June 30 to June 30... to Jan 1 to July I .tO June 30... Jtme 30... Greenwich 4 Johnsonville b i -April 1 to June 30... -Jan to June 30... L-.L/July 1 to June 30... 1 385.179 660.300 370,124 636,967 179,680 30 71.158 129,400 309.488 69,955 125,507 290.717 4,187 19,013 35.204 75,897 17,585 34,000 68.833 • • ,576,323 ,956,395 ,825,605 1,308,909 2,472,764 5,530,986 6,151 35,743 sl2,476 S190.960 3,241 21,877 sl0,291 5172,561 157,418 276,340 1,930 72,030 7.055 12. M', • 29.072 io,625 10.034 73,944 5,725 11.079 23,187 def58,408 122,231 185,008 defl41.131 603,738 302,365 (includ- Jan 1 to June 30 Wrightsv &; Tennille b June July 1 to June 30 498 3,408 19,485 7,535 72,357 6,246 2,471 47.277 a Net earnings here given are after deducting taxes, b Net earnings here given are before deducting taxes. I Operations of Subway Division included in these totals since Oct 27 1904. y For June additional income and net profits from coal, etc., were S28.140 this year, against 859,356 last year; and from July 1 to June 30 $634,457 tliis year, against §661,499 last year. s Includes 8406 "other income" for June this year, against $491 last year and for period July 1 to June 30 84,735 this year, against $4,975 last year. —The following roads, in addition to their gross and net earnings given in the foregoing, also report charges for interest, &c, with the surplus above or below these charges. deficit Roads. Delaware & Hudson Alb & Susq & Lack Susq, including V & C & S April 1 Jan 1 V— Int., Rentals, Current Year. $ etc. — Previous Year. S — -Bal. of Net E'ngs. Current Previous Year. Year. $ $ 4; C & C to June 30... 300,959 to June 30 616,807 to June 30. . 1,247,713 314,139 650,625 1,259,410 July 1 Rensselaer 4; Saratoga Adirondack 1 to June 30 303,251 Jan 1 to June 30 626,448 July 1 to June 30... 1,287,984 N Y 4; Can 4; Chat'gay 4 Lake Placid April 1 to June 30 98,743 Jan 1 to June 30 204,107 July 1 to June 30... 384,914 Del Lack & West— (Leased lines in N April 1 to June 30 0,17,981 Jan 1 to June 30 1,235,959 July 1 to June 30. . 2,473,865 Syr Bing & N April 1 to June 30 46,335 Jan ] to June 30 92,635 Dunkirk Alleg Val 4; PittsApril to June 30 3,546 Jan 1 to June 30 7,092 July 1 to June 30... 17.080 Greenwich 4 JohnsonvilleApril 1 to June 30 4,000 Jan 1 to June 30 8,900 July 1 to June 30... 17,500 549.061 928,653 2,018,670 579,469 925,573 1,795,774 & 335,986 defl.52,606 defl83.794 676,504 def375,256 def484,202 1,323,079 def494,538 def553,563 April 50,929 49,265 240,974 26,200 defl4,649 112,486 013,713 1,227,390 2,438,207 955,244 1,655,512 3,650,141 1,161.661 3,046,224 46,405 92,810 133,354 209.648 2,414 6,021 13.113 xl,276 xdef4,096 X67.291 400 800 1,482 2.887 4,750 13,145 I 637,223 Z198.735 3 664^59 .1202,707 102,523 202,934 383,185 Y. State)- . 827,460 Y— Rap Interborough Manhattan April 1 Jan 1 July 1 Subway . to to to • 11,013 183.530 1 X8.851 xlO.733 j-02,481 5.593 1 1 ,822 23,082 'Trans Elevated June 30 1,694,320 June 30... 3,411,913 June 30.. 7,000,114 r768 ,434 xOOO.4 10 Z951.791 xl, 925.724 6,757,413 Division to June 30... 228,236 Jan 1 to June 30 464,434 Oct 27 to June 30... 639,689 Total both Divisions April to June 30... 1,922, 505 Jan to June 30 3,876,347 I/July 1 to June 30 7. 04S. 703 Lake Shore 4 Mich SouthApril 1 to June 30... 1,470,000 Jan 2 oio. ooo to June 30 July 1 to June 30... 6.090.000 April Dunk Alleg Val 4 Pitts. b April l to June 30... 40,003 24,791 2,725 110,043 28,093 25,163 1,308,716 253,185 278,735 98,403 21,996 20.983 320,412 1/106.270 J/95,067 3,633,097 J/1,387,827 2/1,309,883 1 • 50,476 106,688 200,161 400,769 4,768.885 62,767 108,171 ,281,441 101,065 350,709 ,900,247 — Net Earnings Monthly to Latest Dates. The table following shows the gross and net earnings of STEAM railroads Syr Bing Ry W F & O Ry).a June July 29. Current Year. $ 7,070,094 to to to Interest Charges and Surplus. 2,380 12,024,707 10,977,932 1,143,047 1,046,775 1, 990.300 4,300,or,i) June 30... 13 ,510,380 12,499,653 5,302,311 3,775,058 June 30.. .24 ,000,500 23,104,934 7,005,474 5,751,722 June 30... 49 981,946 48,282,908 14,148,925 13,123,099 July 1 714,369 264,104 751,803 339,783 Phila & Erie. b.. June 839,385 1,002,617 Jan 1 to June 30 ,645,092 3,470,666 780 4,686 3.881 1,606 Raleigh &Southp't_a.July 158,023 00,486 June 171,769 45,467 Rich Fred & Pot 1,522,332 545,373 500,832 July 1 to June 30... ,598,188 April Jan Wichita Valley 5. 4th week of July. i 1 July Texas Central. a Tol Peo & West.b.. .June July 1 to June 30 July 39,155 1 2,213,889 4.449,187 8,341,683 N Y New Haven & Hart.b— 2,507 7,64i — 1,819,512 3,655,668 7,051,353 1 12.1 i: 1-1.423 14,083 67,481 175,107 c.) Week ending August Ala . 648,44 June 30... 1,349,871 1,435,793 June 30... 2,826,987 Jan 1,788,629 June 30... 3,639,077 Oct Total both I )i visions. b 2,467,956 April 1 to June 30... 4,548,843 4,991.361 Jan to June 30... 9,131 ,664 19.439.982 July 1 to June 30. A 16.S37.367 Lake Shore A: Mich So.b 1,997,048 8,772, 061 April 1 to June 30... 9 ,330,436 4,322,099 Jan 18 ,100, 043 17,138,245 1 to June 30 34.SN5.444 7,997,911 July 1 to June 30... 36 ,189, 749 Lehigh A Hudson River. b— (Corrected eamings)64,781 132,382 April 1 to June 30... 138,013 250,355 108,532 254,775 Jan l to June 30 171,314 487,112 464,109 July 1 to June 30 June 1 ,398,180 1,410,797 208,826 Mo Kan & Tex. a 5,103,373 July 1 to June 30... 20 .041,092 17,706,594 ing x Klev.b 3,198,072 3,740,101 to June 30.. to June 30.. 6,304,577 7,591,222 to June 30. ..13, 198,290 14.187.68. Manhattan to 1 to 27 to 13,400 111,000 25,950 13,259 696,820 -Net Earnings nt l'n eiou* Year. Year, S % Curn Co— Ran Trans. Interborough April S 7,110 M ship Island Wabash Gross Earn'gs Previous Current Year. Yerr. $ $ Subway Dlv.b Alabama Gt Southern Buffalo Roeh & Pittsburgh. .. Canada Northern Canadian 1904. 1905. week of August. (>(>:* Weeks.— In the table which follows we sum up separately the earnings for the first week of August. The table covers 37 roads and shows 7.88 per cent increase in the aggregate over the same week 1st ... THE CHRONICLE. 19 1905.J Latest Gross Earnings by last ——— ——— . 1 I 10.628 X701 ,943 J-I.I31.0I1 x2, 282,310 1 1 1 J-':- 1,470,000 xl.007.0ts xl ,000 x2.372.099 x2.860.960 6,972.025 j4.4 7S.SSO X4 .463 ,039 2,91 THE CHRONICLE. 664 — Roads. Lehigh I & Hudson April (Corrected River 36,483 June 30 72,645 June 30 148,030 June 30 367,292 June Tex 4,261,364 to June 30 to 1 to 1 to 1 Jan July Mo. Kan & July 1 N Y New Haven & HartApril l to June Jan 1 to June July 1 to June Texas Central Tol Peo & Western July 1 to June July April 1 Jan 1 30 30 30 2,268,297 4,449,653 8,650,680 2,583 July 22,577 June 286,159 30... 22.781 July 1 Ry (includ- W F &O Ry)..June Jan to 1 337,833xdef250,040 def396,241 659,973 2df430,933 def801,104 1.218.310 7df576.219 2df915,359 379,556 627,861 1,191,877 June 30 June 30 June 30 to to to Wichita Valley ing 2,067,243 x3.912.878 22.238,241 3,982,121 23,495,653 22,353,714 7,921,736 26,708,053 26,094,755 142 22,208 2,583 2,160 5,516 23,003 1,549 277,186 def32,974 def2,070 def785 23,053 N Y & Penn. b— Western — — -Hal. of Net E'ngs. Previous Current Previous Year. Year. Year. $ 8 8 earnings) 213,902 732,293 42,807 229,159 a:39,882 77,852 252,810 227,279 147,674 53,836 346,933 defiss.ioi; 749,647 842,009 4,019,238 Int., Rentals, etc. Current Year. 1,486 def. 1,424 7,950 def. 5,289 1,922 11,535 1.922 11,535 June 30 and other deduc- a Charges here include road-rental (paid by lessees) tions. y These totals include operations of Subway x After allowing for other income received. Division since Oct. 27 1904. Net Earnings Previous Current Gross Earn'gs Previous Current Year. Year. Year. Year. Companies. s Edison Elec Ilium Co of June Brockt on. Mass Jan 1 to June 30 June El Paso Elect Co July 1 to June 30 Fall Riv Gas Works.. June July 1 to June 30 Houghton County El Lt •(Hancock, Mich.). „une Jan 1 to June 30 July 1 to June 30 Lowell Electric Light CorJune •poration July 1 to June 30.. Minneapolis Gen Electric June Co July 1 to June 30 9,634 67.277 22,144 274,127 28,406 325.769 3,648 26,035 4,969 66,489 7,897 1,815 17,091 5,202 92,353 10,131 104.700 8,098 56,390 20,058 231,432 25,589 337,876 119,6.87 13.082 96,077 198,592 10.916 81,967 173,679 5,504 48,763 100,886 3.470 34,546 78,832 19,378 246.953 16.521 232.499 3,398 102,785 5,064 90,869 52,145 687,603 44,045 594,657 24,071 349,312 20,750 279,192 • • Previous Year. — S • 729 4,079 3,546 40.742 227 3,523 963 6,175 3,350 39 610 100 1,037 1,086 13,012 1,656 51.611 9,904 101,177 2,685 19,860 1,619 26,879 7,797 118,650 2,187 13,226 26,450 3,317 35,637 74,636 1,283 • 2,187 13,126 26,250 • • Current Year. 712 11,792 • June • • • • 9,069 113,150 to June 30... 1,188 16,364 • • 9,333 115,954 2,686 90,993 • • 15,002 236,162 21,320 52,382 • • • 3,876 74,505 11,417 163,238 Muncie Hartford . _.» • Gross Earnings. • 1 to latest date. • Week or Month. Current Year. $ 29,218 162,471 57,116 31,611 32,788 9,410 433,718 54,131 67,263 66,192 43,694 56,000 Albany & Hudson- June American R'ys Co. July Aur Elgin & Chi Ry June July Binghamton Ry Boston & Worcest'r April July Burlingt'n(Vt)Tr. Cal Gas & Electric. June Cent Penn Trac... June Chi & Mil Elec Chi & Oak Park d-Cin Day & Tol Tr. Cin Northern Trac. Citizens' Ry & L'ht (Mucatine, Iowa) Tr Co_. Clev& Clev Painsv & E._ SW July June June July June ... July. June _. Detroit United Ry. 1st wk Duluth Street Ry. 2d wk East Ohio Traction May East St. L &Sub.. July Elgin Aur & Sou._ June Ft Jan. .. Aug Aug Previous Year. $ 26,618 147.019 44,118 29,120 26,523 9,052 321,264 48,823 52,228 61,830 Current Year. $ Previous Year. $. 136,544 859,373 237,915 155,114 124,235 793,580 181,320 142,723 46,639 2,594,253 264,937 279,235 406,312 44,372 1,852,536 246,372 215,479 384,651 & Ft Wayne NorOhioTr&LtCo ... April July Northern Tex Trac July Northwestern Kiev July Oakland Tr Cons. June Olean St Railway. April Orange Co Trac June Peeks Ltg&RR Co. June Pittsburgh M'Keesport & Greensb'g June Pottsv Union Trac June . . Light Go's July Rochester Railway July Rockford Beloit & Janesville July St Joseph (Mo) Rv Lt Heat&PowCo July San Fran Oakl'd & San Jose Ry June Sao Paulo (Brazil) Tram L & P Co. Wk July 23 Savannah Elec Co. June Ry Co.. Schuylkill Scranton Railway. Co South Side Elev.. Syracuse R T Ry. Tampa Electric Co T & L Co Terre Hte TolBowlGr& So Tr Toledo Rys & Light Toledo & Western Toronto Railway Twin City Rap Tr Un'dRysof St L. United of San Fran 7,868 50,542 22,364 96,148 13,366 19,753 123,963 39,944 58,124 292,197 99,416 2,936,509 397,953 77,852 748,360 214,217 47,435 255,295 94,760 2,612,957 379,576 70,496 718,179 213,838 85,499 77,117 426,156 370,975 Wavne&Wab'sh Valley Tract h. . Havana ElecRy Co June Wk Aug 13 1/38,930 . 28,027 J/34,210 1/1,196,500 1/1,026,552 Honolulu Rapid Tr & Land Co June HoughtonCo St Ry June Houston Elec Co.. June July Illinois Trac Co Indianap&East Ry May Indianap & Martinsv Rapid Trac April Indianap & Northwestern Traction June 160,300 55,959 163,052 89,911 19,031 27,715 16,936 9,610 83,004 17,556 770,878 83,156 538,721 75,675 9,984 6,676 32,759 23,184 fcl4,634 44,854 120,509 158.023 1,209,047 139,325 1,958,954 271,002 ,276,511 50,876 204.093 72,800 194,395 178,229 67,881 34,552 18,867 15,730 70,450 176,045 279,048 55,163 248,200 45,908 11,886 32,892 15,185 14,454 68.249 59,256 158,320 264,058 41,029 232,610 1,287,400 1, 542,457 256,822 1,285,875 1 ,216", 168 13,945 100,049 59.874 104,618 116,918 10,934 12,102 12,904 13,607 95,881 52,281 94,264 105,656 7,876 11,620 11,068 51,468 525,527 362,454 808,065 684,341 35,856 51.118 56,478 49,108 492.966 311,214 741,751 603,438 28,866 48,803 50,082 17,701 19,956 40,401 1,975 169,272 15,875 18,260 39,472 1,994 139,172 77,904 99,685 208,020 68,645 88,368 181,966 13,680 847,330 161.614 ,256,615 326,629 1,531.316 195,511 1,176,487 14,281 987,193 16,941 15,190 78,078 71,755 71,056 62,367 414,233 377,133 40,781 32,533 257.003 188,506 36,694 53,177 June 16,239 June 82,131 June 208,782 132.171 July ... June 80,741 June 35,576 June 55,543 July ... 27,092 July ... 171,994 June 21,879 Aug 12 55,689 1st wk Aug 96,267 July 2725,343 June 555,513 July 20,453 June 43,471 33,050 49,511 275,463 253,645 445,651 1,196.702 946,696 454,005 199,497 286,872 402,596 1,122,610 902,567 414,291 172,698 259,855 1,067,785 105,609 1,581,293 2,699,973 4.762.530 3,386,493 142,162 257,424 984,233 97,906 1,407,750 2,527,205 5,249,543 3,206,930 139,029 224,268 76,598 191,495 108,343 72,084 28,141 47,654 24,134 158,377 19,581 Wk 45,923 84,723 985,433 518,995 19,555 37.342 — The following table gives the returns of STREET railway gross and net earnings received this week. Gross Earn'gs Current Previous Year. Year. Net Earnings Previous Year. - 31,611 155,114 29,120 142,723 Current Year. $ 18,009 74,525 Elec July 67,263 Jan 1 to July 31 279,235 Cleve & So West b_. July54,822 Jan 1 to July 31 292,197 Crosstown St Railway (Buf- 52,228 215,479 50,542 255,295 46,392 154,349 26,519 115,002 33,720 124,384 23,879 84,157 136,530 257,980 127,129 256,194 67,666 114,569 44,417 89,158 a July 502,865 Jan 1 to July 31 2,826,214 July Duluth St Ry.b 64,460 Jan 1 to July 31 369,201 East St Louis & Sub.. July 109,793 Jan 1 to July 31 748,360 Houghton County St Ry (Hancock, Mich).. June d 14,634 Jan 1 to June 30 55,959 Houst (Tex) Elec Co. June 44,854 411,227 Aug 1 to June 30 452,998 2,516,807 60,777 353,521 123,963 718,179 217,183 1,106.510 34,424 171.701 64,071 423,210 206,047 924,343 34,135 157.927 68,624 370,745 3,173 19,527 151,556 6,694 19,336 def 4 1,750 58,068 37,971 46,143 164,510 53,254 325,021 20,125 5,962 90,391 37.196 224,408 450,929 747,446 11,544 71,644 296,332 519,669 10,165 54.710 13,230 Binghamton Ry Co b July Jan to July 31 1 $ 16.625 63,532 & Milwaukee Chicago •Ry N Y) b— June 30 June 30 Detroit United (all propApril 1 Jan 1 to to 16,936 89,911 9,610 336,986 • def 40, 731 Hudson Valley Ry.b April 1 Jan 1 July 1 to June 30 to June 30 to June 30... Trac Co. a. July 121,195 202,188 499,147 120,509 770,878 114,377 192,083 465,366 83,004 578,721 to July 31 International Ry (Buff) April 1 to June 30... 939,627 860,791 1,751,345 Jan 1 to June 30 1,616,118 27,355, Jacksonville Elec Co June 24,325 161,614 139,325 Jan 1 to June 30 1 July Lexington Ry.b Jan 1 to July 31 Northern Ohio Traction & July Light Co. a Jan 1 to July 31 Oakland Traction. b_ June Jan 1 to June 30 Orange Co Traction, b April 1 to June 30 Jan 1 to June 30 Rockford Beloit & Janesville 31,933 Previous Year. 312,708 24,325 348,029 59,596 ^Street Railway Net Earnings. Jan 10,527 54,822 23,941 110,294 14,747 20,697 109,793 40,333 latest date. d These are results for main line, h These are the combined earnings of all the constituent companies, k Decrease due to a strike and boycott. x Decrease due to the fact that the Louisiana Purchase Exposition was open last year, y Spanish silver. (/Illinois 54,812 to 330,279 27,366 417,091 67,969 erties) Latest Gross Earnings. • Year. 13,097 July Lima ElRy& Lt Co May LondonStRv(Can) M ay Manila El Ry & L June Met West Side Kiev July MilKlecRy& Lt Co June Mil Lt H & Tr Co. June Montreal Street Ry June falo, STREET RAILWAYS AND TRACTION COMPANIES. 1 Current Year. Roads. June poration July 1 to June 30 Minneapolis Gen Electric 1 Ry Lexington Youngst'n-Sharon Bal. of Net E'ngs. Previous Current Year. Year. 9 v Int., Rentals, etc. Current Year. S • Companies. Edison Elec Ilium Co of June Brockton, Mass Jan 1 to June 30 June El Paso Elect Co July 1 to June 30 Fall Riv Gas Works... June -July 1 to June 30 Houghton County El Lt •(Hancock, Mich).. June -Jan 1 to June 30 -July 1 to June 30 Lowell Electric Light Cor- July Trac Co System (Buffalo) April Jackson v Elec Co. June Kan City Ry& Lt. June Lake Sh Elec it\ Line Lehigh V Trac Co St net Ry Dep.. May Elec Light Dep. May Wash Alex&Mt V Interest Charges and Surplus. — Week or Month. Jan. [Previous Internat Seattle Electric a Net earnings here given are after deducting taxes. Co Latest Gross Earnings. Gross Earnings. Rys Co Gen Roads July Miscellaneous Companies. fc,- [Vol. lxxxi .a July Jan 1 to July 31 Savannah Electric Co. June Jan 1 to June 30 34,552 194,395 32,892 14,961 74,870 100,049 525,527 116. 91S 684,341 95,881 492,966 105,656 603,438 51,024 239,585 56,391 325,424 48,508 217,332 53,018 291,853 32,027 50,879 30,145 48,268 11,930 11,760 7,960 6,805 16,941 78,078 53,177 275,463 15,190 71,755 49,511 253,645 9,267 34,127 23,238 114,335 8,787 26,765 23,040 102,123 • — — Aug. . THE CHRONICLE. 19 1905.] — — Net Earnings Current Previous 1 tar Ytar. $ $ 77,:i:;j 66,252 388,437 342,761 15,202 8,916 80,050 68,182 Gross Earnings. Current Previous Ytur. Ytar. $ S Roads. 191,496 208,782 JVine Seattle Elect Co to June 30 1.196J02 1,122,610 Jan 2S.141 35.570 June Tampa Elect Co 199,497 172,668 Jan 1 to June 30 Tene Haute Traction A 4 7, 664 June 56,6 13 Lii:ht 269,866 286,872 Jan 1 to June 30 24,134 27,092 Toledo Bowl Cir & So. July 15S.377 171,994 Toledo Rya & Lt.a..July 9S4.233 Jan 1 to July 31.-- 1,007,785 i 10.907 83,626 12,890 87,121 519,179 Canadian Pacific Railway. (Statement for the Year ending June 30 1905.) The 1 Net earnings 1,6 18 l Roads. Bal. of Net E'ngs.— Current Previous Year. Year. $ a-24,617 X7.432 X30.366 .r8,532 June Jan I to June 30 Detroit United (all prop- 3,014 21.192 3.381 19.952 def441 def61.923 3,313 def616 July 89,891 043,812 17,361 117,938 8,657 93,272 89,816 623,258 16,544 115,422 7,968 84,831 a-131,516 a-489,547 1119,502 17,063 53,763 10,870 58,284 17,591 42.505 def49,718 def26,763 64,329 127,501 251.338 61,228 xdef25,256 xdef38.102 120.779 xdef76,287 xdfll0,940 244,707 xdef79,600 jdfl31,011 Ry Street erties) Jan 1 to July 31 Duluth St Ry Julv Jan 1 to July 31... Houston Electric Co. June Aug 1 to June 30 a-325,801 April 1 to June 30. .. Jan 1 to June 30 July 1 to June 30... International Rv (Buff) April 1 to June 30... Net earnings Other income Light Co 30 23,267 160,869 32,568 189,061 30 30 7,322 14,964 July Jan 1 to July 31 Oakland Traction June Jan 1 to June Orange Co Traction April 1 to June Jan 1 to June Rockford Beloit & ville Jan Savannah Jan 1 Julv 31_._ to 1 JanesJulv Elect Co June to June 30 Seattle Elect Co June Jan 1 to June 30 Tampa Elect Co June Ian 1 to June 30 Haute Traction & June Terre Light Jan 1 to June 30 Toledo Bowl Gr & So. JulyToledo Rvs & I.t Julv Jan 1 to Julv 31. .. X225.100 X300.335 8,528 53,545 9,042 33,471 389,752 3,072 18,699 5,611 22,826 158,525 26,567 159,397 June 30 1905.) as follows: 9,622,701 576,884 9,505,612 527.625 9,407,543 589,901 10,181,094 10,199,585 10,033,237 8,161,237 -8,198,844 8,088,044 136,285 151,285 151,285 9,997,444 8,059,433 151,285 1,849,456 1,778,999 1,793,909 1,771,722 1,786,726 1,764,359 70,457 22,186 22,367 1.8S3.572 1,806,646 Surplus 76,926 a Includes 6 p. c. on preferred and 7 p. V. 79. p. 2794. & common on c. in all the years. Western Railway. * 20,285 I (Statement for the Year ending June 30 1905.) 7,093 36,011 7,019 25,682 58,807 26,451 132,456 X4.677 7,606 354 14,930 xdef.* 2,965 xdef. 7,591 2,607 18,377 10,554 63,323 24,959 149,554 1,885 11,379 2,697 18,876 10,406 62,374 24,696 143,347 1,930 12,394 6,660 15,750 12,684 51,012 52,373 238,883 13,317 68,677 6,090 7,889 12,634 39,749 40,556 199,414 6,985 55,788 10,613 57,997 5.879 43,106 9,578 57,181 6,294 25,632 7,011 44,015 222,260 7,328 17,457 296,919 » Balance Dividends a 1155,712 27,757 78,716 23,823 136,363 41,186 291,532 Maine Railroad. 9,593,505 587.589 Totalnet Flxedcharges Sinkingfund — $3,973,960 1904-05. 1903-04. 1902-03. 1901-02. $ $ $ $ 36,213,245 34,894,608 33,738,984 31,840,694 26,619,740 25,271,907 24,233,372 22,433,151 Norfolk to 1 184,911 240,214 473,455 3,016 18,099 5,919 41,399 June 30 Jacksonville Elect Co. June Jan 1 to June 30 Lexineton St Rv Julv Jan 1 to July 31... Northern Ohio Traction & Jan & results for the last four years Grossearnings Operating expenses Hudson Valley Ry $1,666,204 $1,784,553 compare EARNINGS, EXPENSES, ETC. The $ 38,072 82,730 (.Hancock, Mich). 1,286,812 (Statement for the Year ending 44,059 86.31S Houghton Co $15,836,845 1,691,269 Balance, surplus p. 2457. Boston Crosstown Street Railway [Buffalo, N Y)— April 1 to June 30. .. Jan 1 to June 30 $14,213,105 1,684,664 — V. 80. Interest Charges and Surplus. Previous Year. $ $15,475,088 Mn, d Falling off g These earnings include besides the railroad property the results of the gas, electric light ami steam heating properties. Int., Rentals, etc. L902 08 143,967,873 28,120,627 ...$17,059,752 $15,904,374 $17,123,668 Totalnet income $7,954,000 $7,052,197 $7,686,097 Fixed Charges... 150,000 230,000 230,000 For steamships Dividends on common stock ...(6)5.577,000 (0)5,070,000(5 H)4, 047,500 300,000 514,133 (4)1,352,073 (4)1, Dividends on preferred stock. 19,451 due to a strike and a boycott by the trades union. Current Year. S 1903-04. 146,460,132 82,266,027 .Sill a Net earnings here given are after deducting taxes. b Net earnings here given are before deducting taxes. — 1904-05. $80,481 ,882 35,000,794 Interest received 80,557 1 year were as follows: results for the fiscal Gross earnings. Operating expenses 16,906 , ()Gf> Results for four years have been as below: EARNINGS, EXPENSES AND CHARGES. — Passenger, mail Freight & 1903-04. 1904-05. 1,799 Average miles operated... Earnings 1902-03. 1901-02. 1,723 1,712 1,679 $ $ $ $ express. 3,711,517 3,717,428 3.332,631 2,842,552 20,377,743 19,083,563,17,828,044 14,709,653 Total earnings 24,089,260 22,800,991 21,160,675 17,552,205 Operating expenses Maint. of way & struct 3,095,910 2,854,163 2,754,200 2,131,048 Maint. of equipment 3,917,268 3,550,968 3,041,414 2,334,586 Counduct'g transportat'n. 7,136,484 6,813,496 6,014,468 4,853,109 General expenses 464,772 454,700 407,129 364,769 — Total expenses 14,614,434 13,673,328 12,217,211 9,474,826 9,127,663 8,943,464 Fixed charges and taxes... 3,760,600 3,300,801 3,051,534 9,683,512 7,868,692 2,820,492 Surp. for dividends... 5,714,226 Divs. on pref. (4 p. c.) 919,524 Dividends on common 1,934,076 do per ct_. (3 p. c.) do 5,048,200 910,014 1,289,384 Net earnings — Balance, surplus V. 81, p. 212, 31. 5,826,863 919,524 1,934,076 (3 p. c.) 2,860,626 2,973,263 New York Ontario & Western 39.371 157,919 5,891,930 914,818 1,934,076 (3 p. c.) 3,043,034 (2 p. c.) 2,848,802 Railway. (Statement for the Year Ending June 30 1905.) x After allowing for other income received. The 1904-5. % Gross earnings.. 7,090,888 Oper. expenses and taxes.. 5, 050, 748 ANNUAL REPORTS. Annual Reports. — The following an index to all is annual reports of steam railroads, street railways and miscellaneous companies which have been published since the last editions of the "Railway and Industrial" and "Street Railway" Sections. This index does not include reports in to-day's "Chroni — Hn triads, Kir. A mertran f ;iue in Lteht <v Traction i'-k Paqe. ">0 5 .. Dock * city Impr've'ml ugh 560 Boffl&l 611 Calumet * Hecla Mining 504 Central of Ocorela Gil leather (statement to \. v. Exchange) 504 "»i (6 mono.. Ckle. Pneumatic Creamery Package Mfg. (balance sheet Nov. 301 506 Duluth 8o. Shore <* Qlobe-Weralcki ... 558 Ic "I • . Railroads, ]> 506 Oulf Refining e, Fan. 11 Lowell Marhlne Shop (balance sheet Mi nh Central i : siat'-s -\atlon.il Knam. A Stamping i < * W. Bgl Si 1,298,942 511,975 2,491,356 1,210,080 2,051,194 1,164,366 2,021.368 1,160,397 1,810,917 1,151,958 886,828 860,971 658,959 St. Louis Southwestern Railway. June 30 1905.) (Statement for Fiscal Year Ending The results for the year ending June 1904-5. 1,447 No. miles operated Other income ~M) 1903-4. 1.303 compare as below: 1902-3. 1901-2. 1,291 1,293 s $ % 8,860,231 6,219,372 7. hums.-, 5,421 .597 7,278,675 5,266,163 '..260 5,173,067 2,640,859 182,975 2.227,888 90,469 2,022,411 182,602 2,094,193 2,823,834 2,318,367 2,205,01 $ Gross earnings Operating expenses — ,.,.. Total income J 019 1,212 rl int. on 1st M. bonds Int. on con. M. bonds Int. on Dal. Br, Vt. ....... Int. on 2d incomes Buffalo Rochester &Pittsburgh Railway. . 5,456,696 4,157,754 401,937 409,506 itu'lwayt Taxes June 80 [90S The remarks of President Arthur G Yatet an on pages G73 and 071 of to-day JThefigorea of earnings, expense* b dance she* piled for four years, 3, were given last week.518 e€ 1901-2. S 6,176,518 4,557,087 Dec. 31). 556 (bal. sh. Indl {Report for Fiscal Year Ending 6,652,483 5,072,936 1902-3. 1,619,431 surplus — V. Balance, 81. p. 131. Net (innings L'nlted 612 812 S 1,579,547 471,647 871,770 elephoi stm and half-year) Warren Broo. Co. 1903-4. 451,216 Dividend, lJi per cent 557 557 Petroleum Street Louis * * OH I'tuii-i I, I Net income... Interest, rentals, etc . United Mar-h 31) Lyons He, t Suear K'flnlnK (balance sheet Etc.— ".".2,040,140 Net earnings Other income were as follows: I'nnr. 812 National Novelty Corporation Niagara Light Meat A Power Nlles-Bement-Pond (balance Bl 506 Dec. ') 506 Oceanic Steamship BOB Page Woven-WIre Fence Pflster A: Vogel Leather <i Pittsburgh Coal (half-year). Baca .t Petee Machine Shops (bal. M8 sheet Apr. 29) 555 Southern ity > Ouffr-y Petrol results for the fiscal year • en in full ii- I • .' Equipment payments. . Lis and mi ous. I Total payments menl Mai. over all paj V. 81, p m 1 . - 00 81 130 420 218,195 ' 14,0 10 160 800,i 848 19 »00 130,460 100 ' 1' '• | ' 1 ; ' 68,319 ...1,780,011 1,043,823 . 00 504,600 800,000 077 1 1 11,413 143 51 .'.'. ' 53 .,1 . 190 THE CHRONICLE. f><>6 Interborough Rapid Transit Co. (Report for Fiscal Year Ending June 30 1905). The Subway road was placed in operation on Oct. 27 1904. The results for the Subway division were us follows: 8 1-6 months $1,349,871 $3,639,077 1,850,448 701,427 2nd quar. \st<iunr. $1,477, in; 689,767 14,513 $787,349 83,975 $648,444 83,000 $1,788,629 181,488 $367,349 175,155 $871,324 236,198 $731,444 228,236 $1,970,117 639,589 Net earnings Oilier income $352 ,830 Total income Charges $635,126 Balance, surplus... $192,194 Surplus of Manhattan Rv. (see below) over 7 p. dividends for year 1904-05 Total surplus of system for Assets fiscal 1904. 1905. $ c. $2,282,319 30. Liabilities Cost of lease and 1904. 1905. $ $ 35, 000,000 35.000.000 Capital stock 10 ,000,000 Gold notes Int. on bds. Man. Ry.due&accr'd Man .Ry .lease ac't 555,081 152,603 377,450 Dividends unpaid Due for wages 92*543 Sundries 295,209 03,003 382,323 699,740 132,152 473,722 9,486 Sup'es, taxes, &c. 554,235 Due cos.&indlv's 4 002.911 and premium on capital stock Taxes in litigat'n (sur.) Total 55,197,539 40,393,852 1 1 220.000 848,405 794,311 046.502 918,665 1,773,050 55.197.539 40.393,852 81, p. 211. 155. Manhattan Railway. 1904-05. $ Gross earnings. 13,198,290 Oper. expenses 5,546,937 Net earnings Other income. 7,651,353 309,552 — Hickman, Lewis, Wayne and Lawrence, Tenn. The company owns one pig iron furnace at Warner, in Hickman County, Tenn., and two at Allen's Creek, in Wayne County, Tenn. The latter two only are at present in operation. These furnaces produce a special high silicon brand of iron, known throughout the United States as "Alanine" softener, and which is highly prized by all foundryuien. A large amount of money has been expended on these furnaces, ore mines, ore- washing plants, railroads, quarries, etc.. in bringing them up-to-date, with modern mining machinery and the latest type of blowing engines and hot blast stoves. The two Allen's Creek furnaces are located on Buffalo River, near the company's brown ore mines, which are admitted to be the most valuable brown ore deposits in the South. All the coke now being used, about 250 tons per day, is brought from Wise County, Va., but this will be furnished from our Eastland colliery as soon as the coke-oven plant at that point is completed. The saving of 50 cents a ton freight on 250 tons of coke per day will amount to SI 25 per day, which will be in addition to the profits' derived from the operation of the coke ovens. Since organization on July 1 1902, with practically only one coal mine, and until recently only one pig iron furnace in operation, the profits have been as follows: STATEMENT FOR Profits — Iron and coal 1903-04. $ 14,187,683 5,846,052 1902-03. $ 12,208,337 5,400,794 1901-02. $ 10,665,911 5,518,585 8,341,631 341,505 6,747,543 346,859 5,147,326 625,800 ... Total 8,683,136 2,880,909 7,960,905 7,094,402 2,820,859 5,773,126 2,699,671 Balance Dividends . ... 4,815,791 ..(7)3,864,000 5,802,227 4,273,544 (7)3,876,503 (6^)3,546,000 3,073,455 (4)1,920,000 Surplus —V. 727,544 1,153,455 951,791 1,925,724 79, p. 2588. Missouri Kansas & 1904-5 1903-4. 1902-03. 1901-02. Gross earnings, $20,041,095 $17,766,595 $17,208,193 $16,391,400 Oper. exp & taxes.... 14,937,720 12,997,709 12,449,083 11,871,565 Netearnings Fixed charges $5,103,375 4,261,365 $4,768,886 4,019,240 $4,759,110 3,758,759 $4,519,835 3,644,709 $842,010 $749,646 $1,000,351 $875,126 Balance, sur... -V. 81, p. 613, 265. Gulf The & Average miles operated Gross earnings Operating expenses and taxes P. c. of exp. and taxes to earns Cash bank in $92,139 Net earnings Other income Total net income Fixed charges —V. Surplus (74.48) (67.02) (63.32) 480,155 6, 221 $600,581 11,800 $625,429 3,719 $486,376 306,926 $612,381 243,982 $629,148 195,430 $179,450 $368,399 $433,718 Arkansas Railway. (Statement for the Year ending June 30 1905.) The results for the fiscal year were as follows: 1904-05. 167 $844,536 516,418 (61.14 1903-04. 148 $704,671 490,271 1902-03. 127 $532,534 371,707 (69.57) (69.80) Net earnings Other income $328,118 20,050 $214,400 24,186 $160,828 17,842 Total net income $348,168 Fixed charges and other deductions.. 141,352 $238,586 124,614 $178,670 70,027 $113,972 $108,643 Balance, surplus 79, p. 2096. $206,816 Bon Air Coal & Iron Co., Nashville, Tenn. (Report for Fiscal Year Ending Dec. 31 1904). At the annual meeting in Augusta, Me., March 14 1905, this company, formed July 1 1902 by the consolidation of the Bon Air Coal. Land <": Lumber Co. and the Buffalo Iron Co. (see V. 79, p. 2590), made the following statement: — Bon Air Division. This division consists of 40,000 acres of coal lands lying in the counties of White, Putnam, Van Buren and Cumberland, Tenn., underlaid with Bon Air coal, unsurpassed in the South as a domestic, steam and gas coal. The timber is practically in its virgin Total deductions $386,170 $6,542 31 1904. Total $4,790,614 — Q Common stock $1,876,05$ 1,876,057 Bonds, Buffalo River Div 240,333 Bonds, Bon Air Div 161,500 Gen. mort. bonds outst'g 346,000 Ace's pay'ble, open ace. 140,946 Accrued coupon interest 19,906 Bills payable 88,983 Taxes 5,689 Dividends payable 28,600 Surplus account 6 ,542 Pref. stock Total $4,790,614 The authorized issue of capital stock is $5,000,000, of which one-half is 6 p. c. cumulative preferred; par of shares, $100. There still remains in the treasury (March 14 1905) for purposes of extensions and broadening the operations of the company, $623,942 each of preferred and common stock, and $184,000 of general mortgage bonds, after proTiding for the two underlying issues. (V. 79, p. 2590.) United States Envelope Co. The (Report for the Year ending June 30 1905.) statements for the fiscal years ended June 30 show: months Deduct — $532,053 first M bonds $120,000 on deb. bonds.. 11,149 Div. on pref. stock.. (5)187,500 Int on . . Int. 83,324 75,000 Depreciation Sinking fund Sundry adjustments. Total Carried to surplus — Plant investment S Stock on hand Arcts.& bills rec. for coupons. Treas. st'k. com. Treas. Bt'k, pref. Sinking fund Machinery sold.. Gross earnings Operating expenses and taxes Per cent of exp. and taxes to earns —V. 860,909 Air plant, etc 418,283 Ravenscroft, plant, etc. 169,014 Eastland, plant, etc 188,255 Office furniture. 3,421 Lands, 120,000 acres ... 2,775,356 Cash Cash & Average miles operated • Bon Assets 81, p. 264. 211. Louisiana Due on open accounts.. Pigiron&supplies at cost Buffalo River Division.. 8,111 138,795 136,331 1904-05. 1902-03. 251 $1,705,047 1,079,618 14,001 5,585 18,301 53,840 17,340 interest Miscellaneous Liabilities Profit 12 1903-04. 261 $1,829,816 1,229,235 Coupon BALANCE SHEET DEC. • 1904-05. 275 $1 ,877,397 1,397,242 Taxes $277,103 $509,924. Ship Island Railroad. (Statement for the Year ending June 30 1905.) results for the fiscal year were as follows: 31 1984. Deductions Dividends paid Interest and discount Insurance During this period of 2% years the company has expended improvements on furnaces and in opening coal mines, Texas Railway. (Statement for Fiscal Year Ending June 30 1905.) The results for the late fiscal year compare as follows: — $392,712 Total Surplus account Bills receivable Fixed charges. 3,145,114 YEARS ENDING DEC. 100,151 37,196 6,006 22,408 3,031 Miscellaneous in 2]/2 $223,920 Commissaries Rents Ore sales Timber (Report for Fiscal Year Ending June 30 1905.) The results under the lease to the Interborough R. T. Co, have been as follows: LXXXI state, only a small amount ol it having been used, leaving the lands well timbered with white oak, poplar, hickory and all of the other hard woods native to Tennessee. On a large portion of this land there is also a four to six foot vein of excellent coking coal, which is now being worked at the new Eastland collieries, where 200 coke covens are nearing completion. The Bon Air coal is being mined from the original Bon Air mines, and at the new ^haft mine at Kavenscroft, in Putnam County. The company owns the towns of Bon Air, Ravenscroft and Kastland, all of which are incorporated, with a population of several thousand each. These towns are models ol the mining town. Buffalo River Division. This division consists of about 80,000 acres of brown ore lands, well timbered, lying in the counties of Dickson, Int. Pront&loss Total — $ equip ol subw'y24 700,858 15.330,107 Stocks and bonds 17 ,505,682 15,555,113 of other cos Oth. per. invest's 1 ,781.928 1,150,216 Supplies on hand. 534,413 895,847 13,939 11,108 Due on traffic 762.871 Due on open ac'ts 3 792,144 2 014,777 2.432,770 Cash on hand 143,000 492,500 Loaned on collat. Manhattan gu. fd 4 107.190 4,018,812 88,327 84,721 Prepaid insurance Sundries 15.781 9.227 —V. $1,330,528 $503,208 guaranteed ".... 951,791 year BALANCE SHEET JUNE — Total 1905. 1905. 1904. 66 days. 8812,090 Gross earnings Operating expenses... 459,254 [Voi. 1903-04. $572,091 $120,000 10,729 (5)187,500 92,169 75,000 1902-03. 1901-62. $559,063 $485,010 $120,000 »120,000 12,396 (5)187,500 (4>i)159,375 29,871 50,044 75,000 75,000 13,233 $476,973 $55,080 BALANCE SHEET JUNE 1905. 1904. ,293,949 $0,084,046 751,824 051.161 66.136 60.325 250,000 250.000 566,165 2,667 725,896 594,951 156,201 60,570 250,000 250.000 470,555 11.470 ...$8,892,227 $8,603,689 Total -V. 79. p. 785. $444,940 $114,123 $498,631 $73,460 $384,246 $100,764 30. — 1904. 1905. Preferred stock .$4 000,000 $4,000,000 1 ;ooo,ooo 1,000,000 Common stock First mtg. bonds 000,000 2,000,000 Liabilities Debenture bonds Bond coupons Accounts payable Reserve for dep'c & loss. sur. Sink, fund reserve Profit Total 229,000 60.325 227,255 300,000 509, 4S2 566,165 200,000 60.570 193,161 225,000 454.403 470.555 .$8,892,227 $8,603,689 National Rice Milling Company. Months Ending June 30 1905) The stockholders, having changed the fiscal year to end June 30 instead of July 31, the accompanying statements President Henry are for a period of eleven (11) months only. Kahn, under date of Aug. 2, says: The following additions and improvements have been made during the past season, viz.: The Jennings irrigation plant No. 1 has had its main (Report for 11 lateral canals extended 10 miles at a cost of $17,096, which enables to irrigate about 4,500 additional acres of rice lands at a very slight additional cost of operation, so that this outlay will soon be repaid. and it (or provided for) in improvements and additions These expenditures, amounting to the various other properties $11,371. to $28,466, have been charged to the general profit and loss account. In addition to the foregoing, there has been expended or provided for in sundry improvements and repairs to the properties $23,566, which has been charged to the operating expenses of the present fiscal year. During the season just passed it became apparent that it would be impossible to carry on the constantly increasing business on an economical basis without largely increasing the facilities for the handling of rough rice, and increasing also the warehouse capacity at New Orleans. therefore decided to erect a modern elevator on property owned by the company adjoining mill "A" plant, New Orleans, for the handling of There has been expended We — — An;. L9 1905. THE CHRONICLE. | rice in thoroughly economical manner: also, by removing the old building then on thai site to another point adjoining tin' same plant, to provide also the additional storage capacity needed for by-products. These Improvementa will cost approximately $85,000. bu1 it i> belli i-ed will amply pay not only by tin' greater economy in handling, but also in tin- Increased capacity of tin- mill. The company handled in the past season 897,000 bags of rough rice, and it is hoped that a still larger quantity may be handled in tin season now opening, and there seems to be no reason why the company should not have an equally successful year, notwithstanding the fact tint a Shortage, variously estimated at from 20 to :S0 p. e. is pre dieted lor the coming season's crop of rice. rough RESULTS FOR THE ELEVEN MONTHS ENDING JUNE30 Cross profit from trading Administration expenses (.salaries, $13,017; general, $3,574) V" from trading Irrigation plant No. -.- — Net profit on the business Dividends paid, 6 p. c. per annum on preferred stock SM ! .$155,833 $961,892 281,848 Merchandise on hand.. Treasury stock. Stock in vestments Cash.. 10,000 2,817 88.S64 7,886 19,756 Total $1 ,373 ,064 Bills A Unex. 30 1905. Liabilities owned Properties accts. receivable insur.A: taxes — Preferred stock Common stock payable Dividends Bills Sundry reserves Profit & loss . — Marquette RR. Land Grant Bonds. (Statement of Trustees Oct. The 1 1903 — Receipts Credit Oct. 1 1903.. On contracts and deeds _. timber sales Interest on contracts Other interest Discount on bonds purchased Miscellaneous leases Total No. of acres in — 1903 to Jan. $29,908 L'lT.tttf. Tax account Canceled bonds D.S.S. & A. RR.. claim 31,521 1,116,000 39,918 3,000 42.020 Miscellaneous Cash 1 In bank Jan. 1 1905 Total $1,179,402 and unsold to Jan. 1 1905 was: original grant, after deducting 20,000 acres to construction Deduct — sold company 1,307,129 I . No. of acres deeded (consideration, $843,355) of acres under contract (consideration, $1,040,873) No. of acres applied for, part paid 307,317 810,864 560 deductions Total 1 — annum) 966,780 174,419 393 2.750 $1,479.402 _ The acreage 1905.) Interest on bonds (6 p. c. per I4.75fi Bills receivable 1 1 onsets Paid Land dopt $69,710 171.385 42,838 36,371 On Mining Jan. to and disbursements from Oct. receipts 1905 were: 18,740 18S.388 1, 1 No. of acres unsold a Mineral rights are reserved on 92,540 acres sold in Marquette County. In addition to the unsold land, timber and reserved mineral rights, there is the Armenia mine and several mining options, and mineral possibilities in the lands unsold. Bonds outstanding Jan. 1 1905 (originally 84,560,000) $1,655,000 (The trustees recently purchased $223,000 (not $332,000) of the bonds, which reduced the outstanding amount to$l,432,000.)— V. 81, p. 210, 155. New York & Richmond Gas Co., Staten Island, N. Y. (Official Statement.) President Robert L. Forrest, with the following: '<\ Gross earnings, fi7;i 1003; some time since, favored us — Organization. Organized in 1901 under the laws of the State of NewYork, and acquired, through merger and consolidation, all the rights, franchises and property of every kind of the Consumers* Gas Light Co organized 1887, and of the Richmond County Gas Light Co., organized 1S56. both of Richmond County, which properties were taken over free $1,481, 400 1,000,000 20,563 8,333 41,614 15,000 . and loss Total assets V. 78, p. 771. Total .$2,575,910: $2,575,910 liabilities N. K. Fairbanks Company. (Balance Sheet.) This Illinois corporation filed the following balance with the Massachusetts authorities on July 21 1905: — Assets Heal estate Liabilities $1,160,843 1,111,7X0 Machinery Cash ft debts receivable. 1,012,726 Supplies, merchandise.. 2,105,307 Good-will, trade-marks, Ac 56,622 Total Accounts payable Surplus. ..$2,000,000 2,021,813 1,425,465 $5,447,278 Total $5,447,278 .sheet — Capital stock GENERAL INVESTMENT NEWS. RAILROADS, INCLUDING STREET ROADS. — $1,373,064 — & Dec, Depreciation reserve F-J^E Total and balance General Bakmct Sheet Dec. 81 1903 .$2,516,516 [Capital stock t'ash ._._ 10,167 Bonds Accounts receivable 35,023 (Accounts payable Material on hand 14,204 Bond interest Plant and property 13,591 155,833 account.. Henry Kahn, President; A. Baldwin Jr., Vice-President; Directors. P. P. Lynch, Secretary and Treasurer; R. E. Craig, Adolph Katz, Isidore man St., Capt John H. Hanna, Albert Baldwin, Peter F. Pescud, P. P. Lynch, F. Q. Keasbey, Simon Pfeifer, T. J. Feibleman, all of New Orleans, except Mr. Keasbey the New Jersey representative. V. 73. p. 1163. Detroit Mackinac operations, year ending $669,500 335,220 48,605 150,000 315 Accounts pavable of earnings total expenses, Including depreciation and other charges, 104,026 Nel earnings, 181,061. profits. 985,637; less gas appliances cos) $4,571. Annual interest, $60,000, is the onh charge against ae1 earnings 2,491 $119,228 40,170 Surplus over dividends $79,058 Surplus brought forward Ant:. 1 1904, $105,241; less improvements charged to profit and loss, $28,466 70.775 BALANCE SHEET JUNE statement furnished Profit $llt'.,7:rj Surplus as per balance sheet June 30 1905 latest sheet follows: L905 16,591 - - The (J(iT $133,328 1 Net proceeds of rice received as nut, $12,199; Operating expenses, $9,703; net . — — Aurora De Kalb & Rockford (Electric) RR. Notes OfR. H. Goodell & Co., Chicago and New York, offered last week as a 5 p. c. investment $100,000 4-months fered. — notes of $2,000 each at 5 p. c. discount, each note secured first mortgage 5 p. c. bonds. An advertise- by $3,000 ment says: These bonds are secured by an absolute first mortgage on 30 miles of standard-gauge, high-speed, electric freight and passenger railway, running from Aurora, 111., to DeKalb, 111., over a private right of wayaveraging fifty feet in width, and with a 40-year franchise in Aurora and a 50-year franchise in DeKalb, with intermediate franchises perpetual; 22 miles of the road between Aurora and Maple Park are already completed and the remaining 8 miles between Maple Park and DeKalb will be finished by Aug. 15, after which date the road will be open to both freight and passenger traffic. The bonds are further secured byabsolute ownership of the only gravel pit between Aurora and the Mississippi River, containing approximately 40,000,000 cubic yards of highest grade of gravel in Illinois. A minimum of 350,000 cubic yards of this gravel per year for five years at Q% cents per yard (with option of renewal atla price to be fixed by arbitration) has already been contracted for. Besides this, the railroad is guaranteed 5 cents for trackage privilege for every yard of gravel hauled over its fine, thus insuring not only a steady market for freight, but also a total revenue from this source alone of \\% cents per cubic yard of gravel, or over $40,000 per annum, which is more than enough to pay the interest on the bonds. Theodore Worcester, President; J. A. McDirectors of Railroad. Donald, Secretary; William George (President Old Second National Bank, Aurora), Treasurer; V. A. Watkins and Gilbert B. Shaw, directors, American Trust & Savings Bank, Chicago; William C. Ross, F. D. Winslow and State Senator H. A. Evans. — The notes offered are made by the Ross Construction Co., "The statement Chicago, and are endorsed by W. C. Ross. of the Ross Construction Co. shows quick assets of $359,516, against total liabilities of $195,000." Benton Power & Traction Co., St. Cloud, Minn. Successor. See Public Service Corporation, St. Cloud, below. V. 70, p. 531. Big Sandy Ry. Guaranty. The first"} mortgage 4s of 1904, due June 1 1944 ($5,000,000 authorized), are endorsed with the following: — — • • •For value received, the Chesapeake & Ohio Railway Co. does hereby guarantee the due and punctual payment of the principal and interest of the within bond according to the terms thereof, and of the mortgagelor deed of trust securing the same; and in default of such payment by the Big Sandy Railway Co. the Chesapeake & Ohio Railway Co. agrees to pay same forthwith. In witness whereof, it has caused this guaranty to be executed by its President or Vice-President, and its corporate seal duly attested to be hereunto affixed this first day of June 1904. Presi(Signed Chesapeake & Ohio Railway Co. by dent; witnessed by Secretary .) the , , Compare report of Chesapeake & Ohio Ry., V. 79, p. 917. Boca & Loyalton RR. —Called Bonds. First mortgage and clear. The company's territory is that section of New York City known as Richmond Borough, Staten Island. The maximum daily 6 p. c. bonds of 1903, Nos. 1 to 8 inclusive ($8,000), have capacity of the plant is about 800,000 cubic feet water gas, with a new been called for redemption and will be paid at 110 and intcoal gas plant of about 600,000 cubic feet daily capacity under construction. The distributing system of gas mains aggregate 73 miles, and the erest at the Mercantile Trust Co., San Francisco, on Oct. 1 company had in use 5,831 meters on Dec. 31 1904. 1905. The road is now controlled by the Western Pacific Capita' — The authorized capital stock is $1,500,000, full paid Slock. and non-a=s<"able, divided into 15.000 shares of $100 each. Transfer agency. 36 Wall St., New York City. Registrar, Central Trust Co., New York. — The funded debt consists of $1,150,000 first me 5 p. c. gold bonds of $1,000 each, in coupon form, with p ol regisCentral Trust Co. of New York, trustee and registrar. tration. The bonds are dated May 1 1901 and mature May 1921, interest May and Nov. 1 at its fiscal agency, New York, N'. Y. The compa may redeem all or any part of the issue at 110 and accrued inn re on any interest day upon three months' notice. in' Both principal and are payable in gold coin of the United States. ,f the present standard of 'ht and fineness, without deduction for any tax or ta the company may be required to pay thereon or to retain thi index any present or future law of the United state,, or of any inty Fund"! Debt. 1 1 I ( ! : municipality therein. The authorized Issue ol II the $350,000 unissued bonds, are to be Issued only to reimburse the ompany for the actual cost of extensions of or additions to the I' Robert L. Forrest, Frederick ELShelton, Phila Pa.; rrowbrldge Hollister, Charles B. Van Nostrand, Thomas H or ton, York, N. Y. Officers: Robert L. Forrest, President: Charles B, van Nostrand, Vice-President and Treasurer; Frederick II. Stelton Chief Engineer; Thomas C. Morton rv and Manager. General office: Btapleton, Richmond Borough, New' York City, i'nident's office, 421 Chestnut St., Philadelphia, I'a. or < i — Ity.— V. 80, p. 1174. Canadian Pacific Ry. Double-Tracking. A contract involving an outlay of about $3,000,000 has been let on count of the double-tracking now proposed, between Fort The William, Ont., and Winnipeg, a distance of 427 miles. total cast of this improvement, it is thought, will be some $10,000,000, much heavy work in the way of rock cuts and grading being involved. The re-laying of the entire main line with 80-lb. rails will be completed. i1 is Btated, by Jan. — 1 1906. Report.— See page 665.— V. 80, p. 2457. Central of Georgia Ry. Coupon Sheets for Income Bond with The Guaranty Trusl Co, on Oct. 2, under agreement company, will al option of holders receive aepo its of the first, second and third income bonds and will attach thereto sheets of interesl warrants, payable to bearer, and representing the instalments of interesl which may be for <a<h fiscal year earned, declared and payable Oct. the railway i THE CHRONICLE. 068 | Vol. lxxxi. after the fiscal year ending June 30 1905. The bonds will be stamped as follows: All interest payable upon this bond Oct. 2 1905 and prior thereto has been paid In full. Interest warrants for the years 1900 to 1945 inclusive, payable to bearer, have been attached hereto, and by agreement between [be holder and the railway company no further interest Is payable upon this bond, either registered or not registered, except to the bearer of iliese warrants. This bond may be registered as to principal only. over to the Indianapolis Shelbyville & Southeastern Traction Co. in exchange for its entire property, and has passed to the Indianapolis & Cincinnati Traction Co. (see page 2533 of our "Street Railway Section"), for which company the stock of the old corporation WQ£ held in trust. The new company has issued 81,000,000 of 5% 30-year gold bonds, interest payable semi-annually Jan. 1 and July 1 V. 81, p. 613. 611. at the Farmers' Loan & Trust Co., as trustee; of which Chespeake & [Ohio Ry. Guaranty. See Big Sandy Ry. $500,000 will remain with the trustee to meet the outstandabove.— V. 80, p. 2219. ing bonds ($500,000; of the Indianapolis Shelbyville & Southeastern Traction Co.; the other $500,000 being issued Cleveland Short Line Ry. Officially Revised Statement. Arrangements are being completed for the construction of to the company at once for the purposes of the new cona four-track-belt line to encircle the city of Cleveland, con- struction. These bonds (denomination $1,000 each) are dated July 1 1905 and are due July 1 1935, but are subject necting with the following steam roads entering that city. Lake Shore & Michigan Southern; New York Chicago & to call in any amounts on any interest date at option of company at 105 and interest. St. Louis; Pennsylvania; Erie; Cleveland Cincinnati Chicago After the transaction above referred to the Indianapolis & St. Louis; Cleveland Lorain & Wheeling and Baltimore & Ohio. Total length of line, 60 miles. Construction is to & Southeastern Traction Co. leased its entire property to the Indianapolis & Cincinnati Traction Co. for 999 years, begin immediately. (All allusion to the alleged electric and turned over to that company the $500,000 of bonds and elevated features is eliminated). The company was incorporated Nov. 24 1902 with nom- available for construction proposed above. As part of the consideration of the lease the Indianapolis & Cincinnati inal capital stock ($10,000, since increased to $250,000) Traction Co. guarantees all of the bonds of the Indianapolis and, it is said, will make a bond issue of probably $10,000,000. H. M. Hanna, a brother of the late Senator Hanna, W. R. & Southeastern Traction Co. and guarantees the dividends Hopkins, J. G. W. Cowles, Ben. F. Hopkins, M. A. Fanning on its preferred stock after Oct. 1 1908, the dividends on and United States Senator Charles Dick are promoting the that stock being cumulative after that date, but not before. The Indianapolis & Cincinnati Traction Co. agrees in the enterprise. lease to operate the property of the Indianapolis & SouthColorado & Southern Ry. Syndicate Call. Hallgarten eastern Traction Co. and pay over to that company 50% of & Co. have issued a call for 40 p. c. of the subscriptions to the the gross receipts of the line year by year, and this 50% of issue of $15,000,000 refunding and extension 4^ p. c. mort- the gross receipts goes into the treasury of the Indianapolis gage bonds.— V. 80, p. 2620. & Southeastern Traction Co. as a trust fund to be applied Delaware Lackawanna & Western RR. New Hoboken only as follows: 1st. To the payment of general taxes. Terminal.- The complete destruction of the company's ex2nd. To the payment of interest on the bonds of the Indianapolis tensive terminals at Hoboken, N. J., by fire on Aug. 7 will & Southeastern Traction Co. and such of the bonds of the Indianapolis hasten the building of the new and modern station, extend- Shelbyville & Southeastern Traction Co. as may be still outstanding. 3rd. To the payment of dividends on the stock of the Indianapolis ing some six hundred feet along the water front, for which plans have recently been in preparation. The upper works & Southeastern Traction Co. 4th. Any surplus to be disposed of under the orders of the board of of one of the new ferry boats was badly damaged by the directors of the Indianapolis & Southeastern Traction Co., which of flames. The company was able, with the assistance of course will mean that such surplus will be paid as dividends on the comthe neighboring roads, which honored its suburban tickets, mon stock of the company which will be held by the Indianapolis & Cincinnati Traction Co. to continue its passenger service, notwithstanding the disUnder this lease the Indianapolis & Cincinnati Traction aster, with only a few hours interruption. V. 80, p. 1234. Co. is to build the new line between Shelbyville and GreensEastern Wisconsin Ry.& Light Co., Fond du Lac, Wis. burg and re-equip the entire line. That company is also Sale of Bonds. The bond department of the American Trust building an extension to its line this year from Rushville to <fe Savings Bank, Chicago, has purchased $362,000 of the Connersville, and hopes to have it in operation as far as 1st mortgage 5 p. c. bonds that were held in the treasury. Connersville by the first of next year, as well as the extension The company owns and operates the street railroad, gas and of the Shelbyville line to Greensburg. When this is done it electric-light plants in Fond du Lac, Wis., a growing city of Indianapolis will have two lines in operation, as follows: 22,500 population, and an interurban railway 15 miles in via Rushville to Connersville, 56.4 miles; Indianapolis via length connecting Fond du Lac and Oshkosh. The total Shelbyville to Greensburg, 47 miles, all of which will be bonded debt is $900,000. See page 2524 of "Street Railway" equipped and operated under the new system with singleSection.— V. 77, p. 1533. phase alternating current. Galveston Harrisburg & San Antonio Ry. Purchase ComThe line from Indianapolis to Rushville, 40 miles, is in pleted. The company announces by circular that on Aug. 8 operation with the single-phase alternating-current system, 1905 it purchased under authority of an Act of the Legisla- and the managers, we are informed, are highly pleased with ture of Texas approved May 3 1905 the railroads of the New the result. "Although our road is new, we are now making," York Texas & Mexican Ry. Co. and the Gulf West. Texas & they say, "the best schedule time of any traction road in the Pac. Ry., with their franchises and appurtenances, and on State." the date of the said purchase assumed possession, and will Mexican Central Ry. Option Exercised. See Mexican hereafter operate said properties. This company has also purchased under authority of the same Act the railroad of National Construction Co. below. V. 81, p. 31. the San Antonio & Gulf RR., with its franchises and appurMexican National Construction Co. Purchased. The tenances, and has assumed possession. V. 81, p. 211. Mexican Central Ry. Co. has given notice that it will on Great Northern Ry. Vancouver Extension. See Van- Sept. 1 exercise its option to purchase the stock and scrip deposited with the Commercial Trust Co. of Jersey City, couver Victoria & Eastern Ry. below. V. 80, p. 1479. Hampton Roads (Va.) Railway & Electric Co.—Re- per terms stated in V. 80, p. 2621. Over 95 p. c. of the port of Special Master.—-The "Times-Herald" of New- stock has been deposited. V. 80, p. 2621. port News, Va., Aug. 14, states that Special Master H. Withdrawal of Land Grant Missouri Kansas & Texas Ry. H. Little has filed his report, showing: Liens filed for rec- Suit. We have confirmed the report that the company has ord (not including court costs, receiver's or counsel fees), withdrawn without prejudice the suit which has been pend$1,037,252, viz.: $750,000 first mortgage bonds, $50,000 ing for some time to secure possession of land in the Indian second mortgage bonds, $152,350 receiver's certificates; bal- Territory valued at $40,000,000, which the road claimed ance judgment liens, taxes and unsecured claims. under a grant made by the Government about 30 years ago. The road was intended as a competitor to the Newport (Compare V. 79, p. 903.) News & Old Point Ry. & Electric, in which Alexander Report.— See page 666.— V. 81, p. 613, 265. Brown & Sons of Baltimore and Brown Bros. & Co. of New New York Westchester & Boston Ry. Contract. This York are interested. It was not successful, and went into company has awarded a contract for grading and masonry receiver's hands Aug. 28 1903. It is reported that the bondwork (on the nearly 5 miles of the line lying within the city holders will bid in the property and endeavor to reorganize limits) amounting to about $1,100,000, to James P. Mcit.— V. 81, p. 507. Donald. Work was begun on a small scale several months Indianapolis & Cincinnati Traction Co. Subsidiary Com- a ._V. 80, p. 2458. pany—Guaranty .— See Indianapolis & Southeastern Trac- g North Pennsylvania RR. Funds to Pay Bonds. The tion Co. below. V. 79, p. 2456. funds to pay the $1,200,000 collateral trust 6s due Sept. 1 Indianapolis Shelby ville & Southeastern Traction Co. 1905 will be provided by the Reading Company through purSuccessor. See Indianapolis & Southeastern Traction Co. chase at not less than 200 (being about $100 per share, par below.— V. 77, p. 2159. $50) of $600,000 of the $1,200,000 treasury stock of the Indianapolis & Southeastern Traction Co. Successor North Pennsylvania Company, deposited with the GuaranCompany New Bonds Lease Guaranty. This company tee Trust Co." to secure the bonds. By this transaction the has been organized to construct, own and operate a line from Reading, which operates the property under lease for 8 p. c. Indianapolis via Shelby ville and Greensburg to Batesville, dividend and interest upon the bonds, will effect an annual V. 81, p. 559. Ind., with the purpose of acquiring by purchase the property saving of about $24,000 in fixed charges. of the Indanapolis Shelby ville & Southeastern Traction Co., Consolidated. Traction Supplementary AgreeOakland that company now operating a line from Indianapolis to ment. The company has filed with the Union Trust Co. Shelby ville only, and constructing this year an additional of San Francisco, the trustee under the $7,000,000 mortline of 20 miles from Shelbyville to Greensburg. (V. 77, gage of Jan. 2 1905, maturing Jan. 2 1933, a supplementary The capital stock of the new company is $1,200,- agreement providing that by July 1 1928 the sum of $6,000,p. 250.) 000 ($600,000 being preferred), all of which has been turned 000 in cash or its equivalent in bonds, secured by said deed — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — ——— Aug. — — — — — — —— — — Ohio Connecting Railway.—Guaranty, The mortgage 4 p. c. bonds of 1903, due Sept. endorsed as follows: first 1 S2,ooo.iioo 1943, are 1 Aavit TAYLOR, S "n* . Attest: Vite-Ptesident. S. CHURCH, H. elt: y. See page 396 of our "Railway and Industrial" Section for July 1905; — Ohio Traction Co. Sale of Car Company. The directors on Aug. 12 voted to sell the Cincinnati Car Co. to the proposed street railway ear builders' consolidation (V. 81, p. 563). The capital stock of the Cincinnati Car Co. is $100,000, The purchase price is all owned by the Ohio Traction Co. not made public, but is supposed to be a number of times the par value of the share capital. The shops, it is said, at present employ about 600 men and have an average capacity of 600 cars yearly.— V. 80, p. 2220. Pan-American RR. Construction. — President D. P. Doak of St. Louis is quoted as saying: The construction of the second division of the road is being pushed forward rapidly. Tliis division runs from the town of Jalisco to the Guatemalan frontier, near Tapachula, about 200 miles. The grade is practically completed and track is being laid at the rate of a kilometer a day. The first division, which runs from San Geronimo, a station on the National Tehauntepec RR., to Jalisco, a distance of about about 200 kilometers, or 124 miles, is completed and has been in operation for several months (namely, since Nov. 1 1904). — The officers are: D. P. Doak, President; M. Neeland, Vice-President and General Consul; G. E. Towle, Treasurer. The headquarters are at Jalisco, Chiapas, Officers. J. Mexico.— V. 78, p. 1550, 103. V. 77, p. 452. Reading Company. Funds for Payment of Bonds. North Pennsylvania RR. above. V. 81, p. 212. — — See Rutland (Vt.) Street Ry. Securities Bid in for Trust Co. (the Chittenden(Vt.) Power Co., the People's Gas Light Co. of Rutland and the Vermont & Whitehall Street Ry.), which were sold at auction last week, were bid in by the receivers of the Merchants' Trust Co. See "Auction Sales" in V. 81, p. 596.— V. 81, p. — The securities of this company 508. Syracuse Lakeside & Baldwinsville (Electric) Sold. — At the foreclosure sale in Syracuse on Aug. 11 theRy.property was bid the in for $530,000 bv Clifford D. Beebe, President of Electric RR. (V. 81, p. 154).— V. Auburn & Syracuse 80, p. 118. Toledo Peoria & Western Ry. the year ending June 30 were: Year. 1904-05 1903-04 Gross. Report. —The (>G<) applied to the Parliament of Canada at its last session for amendment to the Act of Incorporation as follows: (1) Increasing the capital stook from $2,000,000 to $12,(2i Extending the time for the completion of 000,000. (3) Giving the Company the right to sell, lease the road. The bill passed. or otherwise dispose of its property. miles. The road is in operation from Vancouver to Westminster, Ulied companies are the Victoria & Sidney Ry., 17 miles (leased to Victoria Terminal Ry, it Ferry Co.), and the Victoria Terminal Railway & Ferry Co., whose line extends from Fort Ciuiehon to Brownsville, 33 Connection is made at Port Gulchon hv steamer for Sidney. miles. The Victoria A Sidney Ry. on June .'«> 1903 had outstanding $:joo,o6o tnst mortgage r>s of 1017, with interest guaranteed to maturity and so endorsed on each bond as to 2 p. c.by the Government of British ColumPresident bia and as 10 9 p. c, by the corporation of the City of Victoria. .it \ IctOTia & Sidney Ry., John Hendry; Secretary, J. JelTrey, and General an I Guarantu oi Bonds. For a valuable consideration, the Pennsylvania Company hereby guarantees to the lawful holder banal the due and punctual payment bj The Ohio Connecting Railway Co. of the Interest upon the within bond, In gold coin of the united states of America, upon the surrender of the proper coupons as the same shall from time to time become due, and also pavment of the principal of the within bond in like sold coin at the nut viIn witness whereof the said Pennsylvania Company has ritv thereof. hereunto affixed its corporate seal and caused the same to be attested by the first clay of September, Its Vice-President and Assistant Secretary A. D. 1903 B. — —— THE CHRONICLE 10 1905. of trust, shall be in the hands of the trustee for the redempThe mortgage provide-; a sinking tion of the bond issue. fund beginning in 1005 which is intended to retire $4,000,000 V. 80, p. L479. of the bonds by .Ian. 2 1931. Kl>\Y. —— . Superintendent, P. Van Bant. The company has been reported Int. A as controlled by the Hill (Great Northern Ry.) interests. See Vancouver Victoria & Eastern Railway & Navigation Co. above. Wabash RR. Sale of Guaranteed Notes. See Wheeling & Lake Erie RR. below.— V. 80, p. 2459. Washington Baltimore & Annapolis Electric Ry.— lialtimore Terminal. The Baltimore Terminal Co., organized by this company to secure terminals and an entrance into the City of Baltimore, announces that books of subscription for the capital stock will be opened at the offices of Marbury & Gosncll, Maryland Trust Building, Baltimore, on Sept. 2 between 12 m. and 1 p. m. An ordinance is pending before the City Council of Baltimore to grant the company the right to operate a trolley line in Baltimore, with Baltimore Street and Hopkins Place ("within two blocks of the heart of the shopping district"), as a terminal. President George T. Bishop is reported as saying regarding the Washington Baltimore & Annapolis: — — We propose to spend $5,000,000 in this undertaking, and have the in hand to go ahead with the work. will give a service callable of 70 miles an hour, as all our cars will be equipped with four motors of 125 horse-power each. Of course, we also propose to develop 15 or 20 minute schedule will be settled a local traffic alonp the route. We money A upon between Baltimore and Washington, and one of perhaps a longer interval from Annapolis, which can connect at some junction point for both Washington and Baltimore. V. 80, p. 1914. Western Pacific Ry. Called Bonds. See Boca & Loyalton RR., V. 81, p. 32. Wheeling & Lake Erie RR. Guaranteed Notes. Wm. A. Read & Co. and Blair & Co. have placed an issue of $8,000,000 3-year 5 p. c. gold notes, guaranteed principal and interest by endorsement by the Wabash RR. Co. The notes are dated Aug. 1 1905 and mature Aug. 1 1908, but are subject to call at par on any interest day (Feb. and Aug.) on 30 days' notice. They are secured, iinder agreement with N. Y. Trust Co. as trustee, by the deposit of $12,000,000 Wheeling & Lake Erie general mortgage 50-year 4 p. c. bonds, due Aug. 1 1955. The authorized issue of the general mortgage bonds has been limited to $35,000,000, of which $15,000,000 is reserved to retire prior liens that have not yet matured. The proceeds of the notes will provide the company's requirements for double-tracking and other improvements; also new equipment. The Central Trust Co. of New York is trustee of the general mortgage. V. 81, p. 509. — — — — results for INDUSTRIAL, GAS Net. 1 AND MISCELLANEOUS. Balance. taxes. Amalgamated Copper Co. Subsidiary's Dividends. -See & Copper Co. below.— V. 81, p. 509. — V.80, p. 707. American Can Co. New Plants. The "Iron Age," New Utah Light & Railway Co., Salt Lake City. Franchise York, Consolidated and Extended. Mayor Morris has signed the new says: "The American Can Co. has finished plans for two factories, one in New York and another in Lubec, ordinance which was passed on Aug. 4 by the City Council by a vote of 8 to 7, granting this company a franchise which Maine, and is contemplating the erection of a factory in the South at some place not yet determined. The factory in consolidates all the franchises heretofore held by it, street railway, gas and electric light, and gives the company the this city will be built on 8th Ave., between 14th and i5th streets. $1,281,441 1,308,716 S253.185 278,735 $286,159 277,186 def. ?:!2,974 sur. 1,549 Parrot Silver — — right to use the streets of Salt Lake City for 50 years from July 1 1905. This franchise is granted in consideration of the transfer to the city of the company's water rights in the Big Cottonwood Canyon. The Mayor has also signed the resolution of the Common Council adopting the plan for the proposed $350,000 water conduit from the Big Cottonwood Canyon.— V. 79, p. 2797. Vancouver Victoria & Eastern Railway & Navigation Co. Extension into British Columbia for Great Northern Ry. The charter of this subsidiary of the Great Northern Ry. Co. — — was recently amended by Special Act of the Canadian Parliament, giving the company the right to build from Princeton, B. C. .westerly to Vancouver, etc. The bill as pi last spring authorized: A railway from Olivers on the line of the Victoria Terminal I: <fc Ferry Co. to the .south bank of the Fra-'-r River near l.r erpool and to a connection with the bridge over the Fraser River near with power to connect with railways operating in th of Washington and with the Vancouver Westminster .t Yukon Ry. Co., the victoria Terminal Railway & Ferrv Co. and the New W< I hern Railway Co., or auy of thern. (Compare Vancouver, v & Yukon Ry. below. Louis W. Hill is quoted as saying: 'We have two sections under construction one on the Canadian and the oth( r on the American side. We are working westward from Mid ay to Oroville and from Oroville to the boundary. Then a survey party in Mope Mountains, while another party are minster — . working from Vancouver easterly." Vancouver Westminster & Yukon Ry. ital Stork. porated in — Riijht to Sill 1901 to build a line — This Increase of Cap- company, in from Vancouver to the Yukon, Property. It will be 75x206 feet, six stories in height, will cost about $200 ,000, and will take the place of a local plant which is inadequate to cope with existing trade. The new factory will be double the size of the building it replaces. The factory at Lubec will also take the place of a plant which is not large enough, and the machinery in the old structure, a rented building, will be moved to the new building." V. 80, p. 1726, 1730. — Purchase. — The (The) American Graphophone Co. company has recently purchased the entire common stock of $150,000 of the Burt Company, in accordance with the action of its stockholders at a special meeting held Aug. 10 1905, at which 75 p. c. of the Graphophone shares were repreeented and voted in favor. The purchase price of the Burt stock was $400 per share (par $100), payable in common stock of the Graphophone Company at par, $10). The relations of the two companies are intimate. The earnings of the Burt Company, we. are informed, arc greater than the combined dividend payments on the common and preferred stock of the (iraphophone Company, which by this purchase secures to its own treasury the earnings on the Hurt common stock. The purchase means a very large addition to the income of the Graphophone Company. V. 80, p. 1730. American Pneumatic Service Co. Acquisitibn of Control "I Ni.u: York Tube Companies.— This compel y, it 18 announced, has acquired control of the New JTork Mail A: Newspaper Transportation Co. (compare V. 61 p. 127) through purchl of its entire issue of $200,000 bond- and a majority of its $1,000,000 capital stock. The transaction also include THE CHRONICLE 670 the acquisition of a majority of the $2,100,000 stock of the allied Tubular Dispatch Co., but none of its $600,000 bonds (see V. 81, p. 269; V. 79, p. 2799). The Transportation Co. owns about 6 miles of mail tubes in New York City, an "unrestricted franchise" to use the streets of that city "in perpetuity" and a United States contract to transmit mail through its tubes at an annual compensation of $414,000. Of this amount about $110,500 ($17,000 per mile) is on account of the §Y2 miles of mail tubes of the Dispatch Co., which are operated under lease by the Transportation Co. The total system, 12>£ miles, From the includes the following double circuits, viz: Main Post Office to the Sub-Post-Office in the Produce Exchange Building; from the Main Post-Office to Postal Station H on Lexington Ave.; also to stations D, F and Madison Square in other words, all the mail tubes below Grand Central Station, 42d St. Arrangements are being made to construct 20 additional miles, which will reach 12.5th St., east and west. Howard Gould and A. H. Calef, Vice-President of the Missouri Pacific Ry., are to become directors of the American Pneumatic Service Co. V. 81, p. 29. — — — American Smelters Securities Co. First Dividend on The directors on Aug. 15 declared a quarterly Preferred B. — dividend of 1}4 p. c. on the $30,000,000 preferred capital stock, series B, payable Sept. 1 to stockholders of record on Aug. 25. The directors also declared dividend No. 2 on the $17,000,000 preferred stock, series A, 1J^ p.c. quarterly, payable Sept. 1 to stockholders of record Aug. 25. V. 81, p. — 156. — & Telegraph Co. Output.— The output of instruments (each telephone being two "instruments," viz., one receiver and one transmitter) for the month and seven months ending July 31 was: 7 Months Month American Telephone To July 31— Gross output (number) Net output (number) Total outstanding 1905. 1904. 114.897 50,918 80,348 37,506 1905. 1904. 1,012,517 672,032 664,996 382,000 5,145,560 4,161,517 —V. (Vol. Lxxai — Childs (Restaurant) Co., New York City. Dividend InAlong with the regular quarterly dividend of \% p.c on the preferred stock, the directors have declared a quarterly dividend of 1 p. c. on the common stock, both payable Sept. 10 to holders of record Sept. 5. This increases the annual rate for the common shares from 3 p. c, as paid regularly since organization in 1902, to 4 p. c. See V. 80, p. 2222, 2346. creased. — — Chittenden Power Co., Vermont. See Rutland Street Ry. under "Railroads" above, and compare V. 80, p. 2220. The Chittenden Power Co. was incorporated in 1900 with $50,000 stock, but only recently, it is understood, installed its initial 2210 horse-power plant at Mendon (near Chittenden), 4 miles from Rutland. The Supreme Court on Saturday last issued a temporary order (returnable Aug. 26) restraining the receivers of the Merchants' Trust Co. from paying $120,000 to the Chittenden Power Co. as a preferred creditor. — Consolidated Cotton Duck Co. Semi- Annual Statement At the meeting of the directors of the of Old Companies Mount Vernon-Woodberry Cotton Duck Co. held Aug. 16 President Charles K. Oliver said: The company's business for the ast six months is regarded as satisfac tory and showed a decided improvement over the previous six months. Thecompany has sufficient orders at advanced prices to keep the mills at full capacity for several months with the necessary cotton, bought before the advance, in Jits warehouses The outlook for the remainder of the year isthe most promising in the history of the company. The company is making extensiveimprovements in equipping all of its mills, especially the Baltimore mills, with new machinery, in replacement — machinery that has been in operation for several years, and now requires renewal from depreciation and by more improved machines. It is contemplated that approximately $1,000,000 will be spent in the Baltilarge portion of which more mills alone, for a contracts have already been placed, and some of the machinery is now on the way to the mills. In addition, the available machinery to the extent of 20,000 spindles in the mills that have been idle has been removed, and concentrated in the two large mills in the South. The Southern mills are all modern in every particular, so that with the improvements under way in the Baltimore mills, the company's mills will be entirely modernized, which means for the company increased production at reduced cost and consequently better margin of profits on its steadily growing business. of 81, p. 560, 509. The earnings of the Mount Vernon-Woodberry Co. and the American Type-Bar Machine Co., New York. Bank- United States Cotton Duck Co. for the half-year ending ruptcy Proceedings. A petition in bankruptcy has been June 30 1905 are as follows: Gross profits .$4,625,241 $567,744 filed against this company, organized some seven years ago Gross sales Other income. Miscellaneous interest. . 167,247 35,596 under the laws of West Virginia with $6,000,000 capital stock. The proceedings were brought by creditors O. R. B. Total income Net profits $4,660,837 $400,497 ^Interest on Mt. Vernon 4,016,117 Leidy, Fred'k W. Schaefer and Edw. Borneman. The com- Operating expenses Repairs and renewals Woodberry 1st m. 5s. ..175, 000 76,976 pany has done no business, it is said, for a long time past. Chauncey Marshall is President. The office is stated to have Gross profits. Balance, surplus $567,744 $225,497 been at 9 to 15 Murray St. The balance surplus as above ,^$225, 497, compares, it is Bridgeport (Conn.) Hydraulic Co. Bonds Offered. The stated, with $91,528 in the same period of 1904 and with Charles W. Scranton Co., New Haven, Conn., is offering at $164,243 in 1903, while the total income as above, it is 102 and interest the unsold portion of a block of $100,000 believed, compares with $5,271,354 and $5,061,035 respectfirst mortgage gold 4s of $1,000 each, dated Jan. 1905, ively in 1904 and 1903.— V. 81, p. 214. due Jan. 1925, redeemable at company's option at 105 and Consolidated Water Co., Utica, N. Y. New Officers. interest on any interest date prior to Jan. 1915, upon six Vice-President William S. Bacot has been elected President, month's notice; also on and after Jan. 1 1915 at par and- succeeding John V. Bacot (who will hereafter be General interest. A circular says: Counsel); Clement K. Corbin of Elizabeth, N. J., has become These bonds are secured by a first and only mortgage upon the entire Vice-President and Hon. William H. Corbin and Clement K. property, rights and franchises. The mortgage is limited to $500,000. The company was chartered in 1857 under the laws of Connecticut, and Corbin have been elected directors in place of Gilbert M. Plympton and Frederick G. Fincke, resigned. The "Utica is the only company furnishing water to the City of Bridgeport and towns of Stratford, Fairfield and Southport. Its charter and franchises are Herald" says: "Messrs. Corbin have acquired a large stock perpetual and exclusive. The company reaches far back into the surrounding hills for the source of its supply. It owns 14 reservoirs, with interest in the company, and will take an active part in its John V. Cockroft of Ossining is associated with a storage capacity of 4,000,000,000 gallons, has two pumping stations, affairs. — — | | | | | 1 | — — — — about 2,300 acres of land, 15 flood rights, 147 miles of pipe and 12,000 consumers. The capital stock is $2,000,000, the market price of which is $200 per share, and dividends of 8-p. c. per annum are regularly paid. A few years ago the company had $600,000 bonds outstanding, the last of which' were paid off in 1902. The gross earnings for the year ending June 1 1894 (sic) were $144,488; for year 1898-'99, $203,275: for year 1902-'03, $238,693: for year l903-'04, $268,991: for year 1904-'05 (est.), $300,000. For the year ending June 30 1904 the company reported net enrnings of nine times the amount necessary to pay the interest on the bond issue. V. 80, p. — 1060. — — — California Consolidated Oil Fields Co. Successor. See Sunset Road Oil Co. Calumet & Hecla (Copper) Mining Co. Amendments to By-Laws. The stockholders on Wednesday voted to create the offices of Second and Third Vice-Presidents, Quincy A. Shaw Jr. and R. L. Agassiz being elected thereto, and amended the by-laws as follows: The directors at their discretion may, by such officers or agents as they — may from time to time designate, for the company, subscribe for, purchase, acquire and dispose of stock in any other company organized for the purpose of mining, refining, smelting or manufacturing any or all kinds of ore, minerals or metals; also to provide for the election "of a Second and Third Vice-President. — Acquisitions. President Alexander Agassiz is quoted: Under the new mining laws passed by the Michigan Legislature last spring we have purchased about 60,000 acres of land in Keweenaw Point and propose to develop the same through the medium of two new companies, viz: the Manitou Mining Co. and the Frontenac Mining Co., which are controlled by the Calumet & Hecla. In the Manitou Co. we control nine-tenths of the stock; the other tenth we gave as part of the purchase money to Charles A. Wright. We control every share of the the Messrs. Corbin in the large purchase made of the stock of the company and will also be elected a director, and take an active interest in the company's affairs upon his return from Europe."— V. 80, p. 474. Consumers Electric Light Co., Ottawa, Canada. Sale to It was this Canadian company which was referred to City. in last week's "Chronicle" as having been purchased by the city.— V. 81, p. 615. — — — — Corn Products Co. Official Statement. President C. H. Matthiessen on Aug. 14 gave out his answer to the statement and queries made last week by August Heckscher, Chairman This answer, in so far as it of the stockholders' committee. gives any information regarding the enterprise, follows: ACTIVE PLANTS. Daily capacity, Daily capacity Bushels. Bushels. 13,500 2,000 5,225 30,000 Pekin, 111 32,000 Buffalo, N. Y. Peoria, 111 13,500 Indianapolis. Ind. Davenport, Iowa Oswego, N. Y. Is not grinding on account of the fire during January, 1905. Rebuilding operations, however, are being The extensive planing mill, carried on as fast as possible. box shop and printing establishment are in operation; also Shipments are being made the temporary packing room. from this factory at the rate of 3 cars per day Chicago, 111 — 4,000 RESERVE PLANTS. 17,000 11,500 Rockford, 111 Marshalltown, Iowa I I Waukegan, 111 Nebraska City, Neb ABANDONED PLANTS. Frontenac Mining Co. Venice, n>Ttie length of the copper-bearing lode upon our 60,000 acres is very considerable and there is no reason why these amydagloids should not be profitable. Formerly when these Keweenaw Point properties were worked the machinery was antiquated, and with a lode carrying 1 p. c. copper, and the metal at 17 cents, the companies could not make both ends meet because of old-fashioned methods. The 60,000 acres of Keweenaw property have been entirely paid for. We have no interest whatsoever in the Keweenaw Central Co. V. 81. p 504, 267. Geneva, 111 Glen Cove, L. I.— Would sold z9,000 x7,000 111 if be. trustees willing.. 5,000 — — Cincinnati, Ohio. (Erkenbrecker) leased Cincinnati, Ohio (Fox) Sioux City, Iowa. Sold.. 18,000 2,000 2,000 2,000 1.300 x Negotiations for sale under way. OLD STARCH FACTORIES. In condition unfit for operation in 1902 when Corn Products Co. recame interested therein, the same having been abandoned by ormer managements of the National Starch Co. prior to 1902: — —— — Moines, lies lu. 1 —(Destroyed Ind.— (Thomson 00O| Franklin White) Sold 1,200 Buffalo, N. Y.- (Graves) Sold I ml. Edinburgh, . Elkhart, Ind.—(Excelsior) 1.000 Dee Moines, la. (Sleeper) Sold 700 Atlantic, ia. Sold Elkhart. Ind. -(Muuy)Sold 1,600 Copeka, Kansas Madison, Ind. Ottumwa, lu. Leased (Ind. Stareli ::iklin. Ind. y tire 1901) --- * the last meeting of stockholders v. 1.000 ,200 1 400 300 not) 1,000 400 Beatrice, Nebraska The capacity given was the alleged v 300 daily capacity. was determined it that statements he company's operations should be made semi-annually as Of March 1 and Sept. 1. and under this direction of the stockholders the manager does not feel authorised to giVO out the information asked In the till item of your request unless directed so to do by a majority of all tin' stock1 holders. The expense of management and other expenses for the last fiscal year, shown by the annual report, was Slid. 123, details of which arc shown on the hooks of the company, and are always open to the inspection of any a^ at any reasonable time, as provided by statute. neral statement of the conditions existing in t lie trade was made to Stockholders by order of the Hoard of Directors under date of June 20 legitimate stockholder \ gi a copy of which is herewith handed you. The details of the purchase of sundry shares of stock for the aggregate o." $906,616 appear on the books of the company and arc always tn the inspection of any legitimate stockholder at any reasonable tin. ">. i Ided by statute. •. Compare V. Si p. 615Degnan & McConnell Coal , C 1' & Transportation i! & Coke 0o.— See Mexican Co. below. — — Edison Electric Illuminating Co. — Bond of Topeka, Kansas.— Issue.— This company lias recently n purchased by B. E. Sunny, L. E. Meyers, (ieo. H. Taylor (representing E. H. Rollins & Sons) and (ieo. B. Caldwell( representing the American Trust & Savings Hank), in Control The property has never been bonded and Stock, paid regular 6 per cent dividends for 15 years. at last accounts, S500,000. par 8100. Some $200,000 will be spent by the new company in extension and improvements, and an issue of SI ,250.000 1st mortgage sinking fund 5 per Ct ntbonds will bejauthorized.of which $700,000 will beoffered in the near future. of Chicago. all - Property Taken Fidelity Cotton Oil & Fertilizer Co. Over Mortgaqe. The Supreme Court of the United States Feb. 27 1905, affirming the action of the courts in Texas, decided that the National Cotton Oil Co. and the Southern Cotton Oil Co., because of violations of the anti-trust laws, through combining and pooling with themselves and others to fix the price of cotton seed, had forfeited their charters. Accordingly in June the properties of the National com- — — benefit of p. 562. this — - 071 and the other Canadian plants. -V. 81, steel — Lancaster (Pa.) Water Filtration Co. Further Pacts. company, whose $250,000 bonds are being offered by flint, Bacon ov Co., as stated last week, has outstanding 1250,000 (common) stock, par of shares HO. The President is Murtha P. Quinn; Secretary and Treasurer, Clarence B. Knight.—V. si, p. 617. Mexican Gulf Coal & Transportation Co., St. Louis. Pirst Mortgage UndisForeclosed Under Second Mortgage Secretary and Treasurer A. J. Fit/iminons has turbed. revised for US the statement which appeared in the "Chronicle" of Aug. 5, p. 562, in the following particulars: This — — The purchase of the Mexican Gulf Coal <v Transportation Co. propertywas made by the Degnan & McConnell Coal it Coke Co. for the sum of $80,000 under foreclosure proceedings on a second mortgage bond issue, and the purchase, therefore, was made subj'ct to the iirst mortThe trustee under the first gage bond issue, said issue being 1200,000. mortgage bond issue is the Provident Savings Hank & 'Trust Co. of Cincinnati and the trustee under the second mortgage bond issue (and the one under which the sale was made) is Frank H. Tate of St. Louis. The first mortgage, and the one on which the Provident Savings Bank & iTUStjCo. are the trustees, remains undisturbed by the transaction. At present the Degnan & McConnell Coal A- Coke Co. state C they are not in position to make a definite statement but will do so later. -V. 81 562, 50S. I>. (lull" Alliance. Edison Electric Co. of Los Angeles, Cal. See V. 79, p. 2207. in. >na 8l Ontario Light & Fuel Co. below. ,'/i(/f — THE CHRONICLE. ID 1905.1 frCh — —— — — — Co., Pittsburgh. —Bonds. At a meeting of the stockholders on Tuesday it was voted to issue p. e. 20-year bonds, of which $300,000 or 81,000,000 $350,000 is to cover outstanding bonds and the remainder to provide for extensive improvements and the erection of new chimney plants. The "Pittsburgh Gazette" says: "The Marion (Ind.) plant is being doubled in capacity and will start about Sept. I with the additions in use. The plant at Elwood, Ind., is being increased to about one-third larger capacity and the betterments there will be finished about Nov. 1. All of the Macbeth plants are equipped with The bulk of the bonds has already the machine blower. been placed, conditional upon the demands of the stockholders.— V. 73, p. 447, V. 71, p. 866, 345. National Cotton Oil Co. Transferred. See Fidelity Cotton Oil & Fertilizer Co. above. See United Lead Co. below. National Lead Co. V. 81, Macbeth-Evans Glass — — — p. 563, 35. New York Air Brake Co. Acquisition. — See United States & Heating Co., below.— V. 80, p. 2462. New York Mail & Newspaper Transportation Co. — See Light — — American Pneumatic Service Co. above V. 67, p. 127. Ohio Fuel Supply Co. Circular. An official circular regarding the proposed increase of capital stock says in part: We deem it inadvisable to go into details at this time for fear that prein Houston, Denison, Waco, Seguin, Galveston, etc., publicity will interfere with our plans; but we feel safe in saying were transferred to the Industrial Cotton Oil Co. of New- mature that if they materialize it will mean the construction of a plant that will York, the officers being Harry C. Cornwall of New York, equal, if not exceed, our present system, while the expenses will be much President, and Richard Heydt of New York, Secretary. less. We are preparing to commence work as soon as the stockholders authorize it. It is the intention to authorize the increase of the capital Capital stock, S50,000. No bonds. stock from §4,000,000 to $8,000,000, the new stock to be allotted at $25 On Aug. 7 the properties of the Southern Cotton Oil Co. (par) a share to stockholders of record on a date to be named at the were taken over by the Fidelity Cotton Oil & Fertilizer Co., special meeting, in proportion to their holdings. The first allotment of 25 p. c. to be issued Oct. 20 and the remainder to be allotted as required, a New Jersey corporation, of which James R.Dawson, re- at the discretion of the board of directors, not to exceed 25 p. c. quarterly. cently of Augusta, Ga., is President and Philip D. Lamar, At this writing it is impossible to determine the exact amount of money also of Augusta, is Secretary and Treasurer. In connection required for the improvements, but only the necessary amount will be for. We expect to have sufficient earnings from the lines which with the deal and in order to provide the purchase money, called will be constructed this fall to justify the payment of our present rate the Fidelity Company has made a mortgage to the Central of dividend on the new stock as fast as it is issued. The work cannot be Trust Company of New York, as trustee, to secure $400,000 completed this year, but a good start can be made, and it will be pushed to completion next year. first mortgage 4^ per cent gold bonds, maturing Aug. 1 The plan, it is said, includes getting a natural gas fran1915. The Fidelity was incorporated on July 14 1905 chise in Cincinnati, the extension of its pipe lines to this city with $25,000 of authorized capital stock. The Southern Cotton Oil Co. for several years past has been practically and the purchase of additional natural gas wells in Ohio and West Virginia.— V. 81, p. 563. owned by the Virginia-Carolina Chemical Co. Ontario Power Co. Contract. See Niagara Lockport & Independent Telephone Securities Co., Utica, N. Y. Ontario Power V. 617.— V. 81, p. 158. Co., p. 81, Purchase. This company, "a majority of whose capital stock Parrot Silver Copper Dividend. & Co. This company, L now owned by the Rochester Telephone Company, has purchased control of the Rome Independent Telephone Co., a majority of whose $2,298,500 capital stock is owned by the Amalgamated Copper Co., has declared a dividend of 5 p.c. operating some 1,200 telephones. V. 80, p. 2462. (50c. per share), payable Sept. 12 to stockholders of record Industrial Cotton Oil Co. See Fidelity Cotton Oil & FerAug. 26. The same amount was paid in March and June tilizer Co. below. 1905 and in August and December 1904, but nothing in 1903. Johnson-Dunbar Mills Co. See auction sale of securities In 1902 5 p.c, and in 1901 35 p. c. was paid— V. 80, p. 2224. last week's issue, page 596. Pennsylvania Steel Co. Large Contract. The company Kern Incandescent Gas Light Co. Settlement. Tin suit was awarded on Aug. 15 the contract for building the superbrought by Frederick R. Coudert and Paul Fuller of New structure of the Manhattan Bridge between New York and York against Thomas W. Lawson for $225,000 with interest Brooklyn, its bid, the lowest, being Justice 87,284,000. from May 1899, representing subscription for $250,000 to Amend, in the Supreme Court at New York on Aug. 16, the company's stock, on which $25,000 cash had been paid, granted a temporary order in favor of Peter A. Gage, actwas settled on May 10 1905, the plaintiffs, as reported, pay- ing, it is supposed in the interest of a rival bidder, restraining $11,000 as counsel fees and agreeing that no fun r acing the consummation of the contract. The case will be ii be taken in the case. At auction last May $2,t>0G of heard on Sept 6.— V. 81, p. 215. the capital stock sold for $11 for the lot. It is alleged that People's Gas Light Co., Rutland, Vt. See Rutland Street $3,200,000 of the stock was issued.—V. 70, p. 534. Ry. under "Railroads" above. V. 72, p. 876. Lake Superior Corporation. Bounty to Apply only to Philadelphia Electric Co.— Only Bid for Municipal Conrhe Steel, Sot Also to the Rail*. The Canadian Government tract. The company's bid for the electric lights of the city lias passed an order in Council providing that the bounty of during 1906, the only bid received, was on a basis which $3 per ton on structural steel forms manufactured in Canada Mayor it is estimated will stive the city over $115,000 a year. Bhal] not apply to steel rails. was The bounty, it is said, under consideraWeaver was reported last week having as never intended to apply to steel rails, but the right to it municipal plant was claimed by the Lake Superior Corporation and the legal tion the advisability of constructing a to cost $10,000,000 or $ 1 2, 000, 000. V. 81, p. 817. authorities to which the matter was referred last February Pittsburgh & Westmoreland Coal Co.- -Consolidation. -tained this view. The subsidiary Algoma Steel Co., it is 9i Shoenburger Coal Co. below. said, recently received $60,000 on account of this bounty. While such payments are now terminated, the bounty on Los Pomona & Ontario' (Cal.) Light & Fuel Co.— Sole tl>e steel from which the rails is made continues, it is said, Angeles men, among them representatives of the Kdison along with the existing heavy protective duties, for the Electric Co. of Los Angeles (V. 79. p 2207), have purchased pany — — — — — — — i — > — — — — — • — — THE CHRONICLE. 672 either the plants or the control of the Riverside Light & Fuel Co., the Pomona & Ontario Light & Fuel Co. and the WhitThe "Los Angeles Times" of Aug. 6 tier Light & Fuel Co. said: The purchase price is said to approximate $500,000, the buyers assuming bonded debt of aboul half that sum, and paying the remaindei for tiic stock of the three companies, each plant representing about oneJohn B. Miller, President ol the Edison third of the entire valuation. Electric Company, admitted that the deal had been made, but said that the purchase was not made by the Edison company, but by officers and others connected therewith, together with additional local capitalists. [Vol. lxxxl ing $350,000 first mortgage gold 5s of $1,000 each, dated 1899, due Aug. 1 1919 ($400,000 authorized); interest payable Feb. 1 and Aug. 1 at Northern Trust Co., Chicago. Par of shares $100.— V. 71, p. 1313. — — United Button Co. Sale of Property. At the foreclosure Wilmington, Del., on Auk- 8 last week the property was bid in for §100,000 by the reorganization committee. Compare V. 81, p. 018, and V. 80, p. 2402. stile in — — United Lead Co. Merger in Abeyance. The long-pend—Compare V. 75, p. 246, 189. ing negotiations for the merger of this company and the Pressed Steel Car Co. Street Railway Cars. This com- National Lead Co. are for the moment quiescent, and it appany, it is announced, has broken ground at its McKees pears that the outcome is quite uncertain. V. 79, p. 2152. Rocks works for the erection of a plant for the manufacture of United Petroleum Co. of California. Dividend Increase. passenger coaches and steel ears for street railways. Work on the new plant, which will include two large shops, each We quote as follows from President Stewart's letter to the 140x600 feet, will be rushed day and night, and it is hoped stockholders under date of May 20 1905: The cost of these adCommencing with the payment of dividend No. 45, the regular monthly will be completed early in the spring. (Compare dividend will be 85c. per snare, this being an increase of 5 cents. ditions, it is expected, will be about $.500,000. We are pleased to be able to report that the company's investments "Street Car Builders' Consolidation" in V. 81, p. 563). (in addition to that in the stock of the Union Oil Co.) are turning out satisfactorily and it is expected that a further increase will be made V. 80, p. 709. within the year, independently of any increase that may be made in Sale Providence Fall River & Newport Steamboat Co. the dividends of the Union Oil Co. Since the United Petroleum Co., Tenders of Bonds Desired. The Union Trust having an issued capital stock of 14,682 shares of the par value of $100 of Real Estate. Union Oil Co., of the par value of Co. of Providence, the trustee under the mortgage dated each, owns 26,941.47 shares of the $100 each, the relative value of each share of United Petroleum stock June 1 1896 securing $400,000 bonds, "has received from the is 1.835 of the Union Oil Co. stock. Compare V. 81, p. 557. sale of a portion of the mortgaged estate $110,000, and will United States Glass Co. Report. According to the receive from the holders of these bonds proposals for the "Pittsburgh Gazette," the report for the fiscal year ending Such proposals should sale of same to the above amount" June 30 1905 says in substance: "The yearly increase in and should be addressed to the Trust Officer, writing, be in received not later than Sept. 1 1905. Compare V. 62, p. 503. sales and profits has been maintained, the year showing an increase of 3% p. e. in sales, a loss of only about 1-5 of 1 p. e. Public Service Corporation, St. Cloud, Minn. New Mort- on bad debts. All plants are running night and day, exceptThe company recently filed a mortgage to secure ing three, where repairs are under way. Repairs at four of gage. $300,000 bonds, issuable (but not yet issued) as follows: the factories have been made and charged off, leaving a net $70,000 to be left with trustee for the re-building of the gas plant; profit for the year of $212,719, out of which three dividends $75,000 with trustee to take care of the underlying (first mortgage) bonds now on a portion of the property: remaining $155,000 (still uncertified) of 1 p. c. each, amounting to $96,000, were paid. Business issuable at any time for use as collateral. The company acquired all the has increased since the end of the company's fiscal year, electric light, gas and street railway properties in the city, including the June 30. The Glassport Land Co. sold lots to the extent Benton Power & Traction Co. (V. 70, p. 531), etc. of $26,121 during the year, this money being put into the The company was incorporated in Dec. 1904 with $300,- property for paving, sewering, &c." 000 authorized stock. President, A. G. Whitney; SecreThe net profit, $212,719, as above, contrasts with $251,871 tary and Treasurer, E. E. Clark. for the year 1902-03 and $207,723 in 1903-04.— V. 79, Rochester (N. Y.) Telephone Co. Acquisition. See In- p. 2454, 737. dependent Telephone Securities Co. above. V. 80, p. 2402.United States Light & Heating Co. Change in Control. San Francisco Gas & Electric Co. Rumored Negotiations. This company, it is announced, has passed under the control The "San Francisco Chronicle" on Aug. 9 of the New York Air Brake Co., Charles A. Starbuck, PresiCompetition. said: dent of that company, becoming President and Edwin Negotiations between the California Gas & Electric Corporation and Hawley, Vice-President. The capital stock was recently the San Francisco Gas & Electric Co. looking to the absorption of the increased from $3,000,000 to $6,000,000, par of shares $10. latter by the De Sabla-Martin Company are understood to be on the verge of a final settlement. An Eastern promoter was here recently The company was incorporated in New Jersey in 1902 to with an offer of $75 a share from an Eastern syndicate, but his backing furnish electric light and heat, especially for railway cars was not considered sufficient. It is the gossip of the Street that the present deal, if closed, will be at a lower figure, in view of the competition through the Moskowitz system by power obtained from the promised by the San Francisco Coke & Gas Co. The directors, other than the officers, are: car axles. Announcement was made yesterday that in every block where the new Crandell, Clifford Chaffee and C. G. Smith. Re-elected— W. F. New— company has laid service pipes a rate of 25 cents per 1,000 feet for gas — — — — — — — — — in effect. In other words, the old company — is selling — 25-cent gas Waverley Place, Brenham Place, Bartlett Alley, Baker Alley and Court, Sullivan Alley, St. Louis Alley and in many blocks in the territory bounded by Jones, Dupont, Bay and Clay streets. The coke company is in sticking to its rate of 75 cents. — V. 80, p. 1233. — — Shoenburger Coal Co. Consolidation. The shareholders will vote Aug. 26 upon consolidating with the Hazel Kirke Gas Coal Co., Penn-Manor Shaft Co., PittsburghWestmoreland Coal Co. and the Pittsburgh-Connellsville Coke Co., under the name of the Pittsburgh & Westmoreland Coal Co. The proposed capital of the new company, it is said, is $3,000,000. — — Southern Cotton Oil Co. Properly Transferred. See Fidelity Cotton Oil & Fertilizer Co. above. V. 73, p. 240. Springfield (Mass.) Gas Light Co. Exchange of Trust Certificates. Trust certificates of this company are now being exchanged at the New York Trust Co. for the regular certificates. The final instalment of $50 per share on the new stock was paid Aug. 1 in Springfield. V. 80, p. 2348. Sunset Road Oil Co., Bakersfield, Cal. Mortgage. This company, incorporated in California last June with $2,500,000 of capital stock in shares of $100 each, has filed a mortgage with the Mercantile Trust Co. of San Francisco, as trustee, covering its property in the Sunset oil fields to secure an issue of $2,000,000 of 5 p.c. bonds, denominations $100 and $1,000, dated July 15 1905 and due July 15 1925. — — — — — • • — Amount outstanding, $417,500. The company is successor of the California Consolidated Oil Fields Co. and, we are informed, owns about 2,000 acres of oil lands and controls by ownership of stock about 2,500 acres of oil land leases; total active wells, 40; daily flow about 2,000 barrels. Of the capital stock (all com- mon) $2,000,000 is outstanding. Interest on the bonds is payable Jan. 15 and July 15 at office of trustee. The bonds are subject to call to any amount on any coupon day at a premium of one-half per cent for each year intervening between date of call and maturity; sinking fund ranges from 14 cent to 2 cents per barrel of oil handled and produced. No prior liens, it is stated, remain outstanding. Carroll N. Beal, Mutual Bank Building, San Francisco, is interested in the enterprise. The President is now Charles B. Marks; Secretary, N. A. Dodge. Office, San Francisco. Tubular Dispatch Co. Co. — — — now — — — — is — above— V. Union Gas — See 81, p. 269. & American Pneumatic Service — — Electric Co., Bloomington, 111. Sale. press dispatch states that a syndicate of Detroit capitalists headed by Emanuel T. Beyer has purchased this company for "$400,000, the amount of the capital stock," and has made overtures to purchase the Bloomington Normal Street Ry. Co. The Union Gas & Electric Co. has outstand- & (Compare V. A. Sanford Adler and Charles S. Furst. V — .76, p. 870.) 77, p. 2103, — United Water Improvement Co. Increase of Capital This company, incorporated in New Jersey in April 1904 with capital stock of $3,000,000, in shares of $50 each, to construct and operate filtration systems, has filed a certificate of increase of authorized capital stock from $3,000,000 Bonds, if any, not known. New Jersey to $5,000,000. representative, Guaranty & Trust Co., Camden, N. J. ^_^ Subsidiary Property Virginia-Carolina Chemical Co. See Fidelity Cotton Oil & Fertilizer Co. above. Transferred. Stock. — V. — — — 81, p. 263. Wagner — Manufacturing Co., St. Louis. Increase A. Layman, the company's Treasurer and General Manager, to whom the statement published last week touching the proposed increase of the capital stock from $500,000 to $800,000 was submitted, writes: This company has no outstanding bonds nor preferred stock. Our of Capital. Electric — W. present authorized capital is $500,000, all of one class and fully paid; par of shares $100. We have no outstanding bills payable (except a $60,000 three-year A°7( loan on real estate) and discount all bills. Our present manufacturing facilities are taxed to the utmost, and the increase of stock contemplated is to be employed in erecting new works and taking care of the large increase in business. V. 81, p. 619. — — Western Stone Co., Chicago. Dividends Resumed. quarterly dividend of 1 p. c. has been declared on the $2,250,000 capital stock, payable Oct. 1 to holders of record On Dec. 31 Sept. 20. This is the first dividend since 1897. 1904 the bonded debt was $253,500, contrasting with $262,000 in 1903 and the profit and loss surplus $173,724, against $94,671.— V. 78, p. 993. Wheeling Mold & Foundry Co. First Dividend. This company, it is stated, paid on Aug. 1 a first dividend V. 80, p. 655. of 2 per cent. Wheeling (W. Va.) Steel & Iron Co. Called Bonds. Bonds Nos. 31, 32, 33, 34, 35, 36, 37, 38 and 39, issued Sept. 1, 1899, will be redeemed Sept. 1 1905 at the National Exchange Bank, Wheeling, W. Va.— V. 80, p. 717. Youngstown (O.) Iron Sheet & Tube Co.— New Plant Under Construction. Work was begun July 24 on the construction of the new $2,500,000 plant for the production of Bessemer steel, and it is expected to be ready for operation by July next year. The company, it is said, now employs about 2,000 men, and when the present additions are comV. 80, pleted it is expected will increase this to over 5, 000. p. 1739. — — — — — — — — Aug. 19 THE CHRONICLE. I9u:>.| and ^Documents, flqiorts BUFFALO ROCHESTER & PITTSBURGH RAILWAY TWENTIETH ANNUAL REPORT -FOR The difectors of the Buffalo Rochester & Pittsburgh Railway Company submit to the stockholders tin- following report for the year ending June 30 1905. Total length of road operated Second track (owned) .lid track (trackage rights) filings towned and leased) Total miles of tracks, 1904. Mile*. Ixicreate. Mills. 336.56 94.04 107.64 311.57 87.45 100.31 24.99 8.69 7.30 ..538.24 ...241.19 499.36 56.77 74.88 215.67 38.88 17.92 7.80 25.52 935.75 846.13 S'.i Trackage rights 74.69 81.63 all steel rail t;2 The increase in mileage of road is due to the operation of 31.58 miles of new line and 7.30 miles of additional trackage rights taken into the accounts of the Company during the year. of second track, constructed at different points between Ashford, N. Y., and Punxsutawney, Pa., 7.30 miles of second track on lines over which the Company has trackage rights, and 25.52 miles of sidings. 1905. the last issue of common stock. for additions and betterments your property were disposed of by charging $257,287 39 against the net income of the fiscal year; and transferring to capital account $496,240 55, representing the payments during the year for second track and general office building. The items are as follows: land $7,655 4,564 12,082 100,068 New bridges, one-fourth cost Yard and buildings, Buffalo, N. " " and Kast Salamanca, N. Du Bois, Pa Automatic ore unloader, Buffalo, N. Water line. Falls Creek, Pa " C. & M. Junction, Pa Y Y _ Pa office building, Rochester, N. Y 73 68,484 71 11,870 19 Sundry items Second track, Ashford, N. Y., to PunxsutawGeneral 45 29.80194 8,250 00 5,766 86 5,550 60 3,19157 Y " Cramer, Pa Sidings and yard extensions 41 93 $448,951 71 47,288 84 496,240 55 $753,527 94 Total The length of second track put in operation during the year was 17.92 miles, and a considerable amount of grading was completed INCOME. for further additions next year. passing and industrial tracks have been laid, and the transportation facilities at many places increased and Many new Decrease. Increase. 1904. 1905. 30 on the balance sheet last year as "Advances pending the issue of securities," was charged to cost of road, as provided for in nev. The tracks were increased by 17.92 miles new YKAR ENDING JUNE to 1905. Miles. Leased COMPANY. The remaining expenditures ROAD OPERATED. Owned 673 Gross earnings $8,161.079 46 S7. 529,958 17 8631,121 29 Operating expenses 5,058,812 73 4,408,807 06 650,005 67 improved. Income $3,102,266 73 $3,121,151 Applied to payments Excellent progress has been made in double-tracking the Johnsonburg & Bradford Railroad. The entire expenditure for this work, amounting to $116,466 74, was charged to "Cost of Proprietary Roads." capital account PROPRIETARY ROADS. $18,884 88 11 of Interest, rentals, taxes, pension f'nd and sink'g funds. — 1,607,887 48 107,108 06 1.714,995 54 — Deduct Extraordinary penses and im- 892,388 95 405,000 00 897,228 62 316.287 39 Special appropr'tns $4,839 67 88,712 61 $497,388 95 883,872 94 $973,755 18 81,015,874168 S42. 11950 $413,516 01 Total Snrpl. of income... line from New Castle, Pa., to the Works of the Portland Cement Co., 6.59 miles in length, was completed and put in operation. By an agreement with the Baltimore' & Ohio Railroad Company, dated November 19 1904, your passenger trains now run into the Smithfield Street Station of said Company in Pittsburgh, Pa. The arrangement added 7.40 miles to the line over which you have trackage rights. A branch New Castle ex- provements ALLEGHENY & WESTERN RAILWAY. 8125,992 44 Net income... $1,387,271 19 $1,513,263 63 increase in the amount "Applied to payment of interest etc.," is due to the interest and sinking funds of the new equipment bonds issued, additional taxes, rentals and interest on loans. The item "Special Appropriations" represents the principal of the car trust bonds paid during the year, amounting to $59,000, and $257,287 39 of the construction expenditures on the lines owned by your Company. In addition to the above income, $120,000 were received from investments and credited direct to Profit and Loss Account. The EQUIPMENT. , DIVIDENDS. Divs were paid on Preferred stock Common stock 1905. $6,000,000 9.000,000 Total r $15,000,000 Increase. ", $900,000 Fifteen locomotives Eight passenger cars Ten hundred and thirty-eight freight cars Thirty-seven service cars Sundry betterments, including transfer of one freight car and ten service cars $223,947 60 67,720 09 709,815 97 38,811 64 38,486 86 $1,078,782 16 : Of the above equipment six freight cars and twenty-one company's service cars were built at , Company's shops. The account was credited the 1904. 8360,000 6%$360,000 6% 540,000 6% 498,000 6 Expenditures were made^for new'rolling stock as follows: $42,000 $42,000 $858,000 Board of Directors Since the close of the fiscal year your has declared semi-annual dividends of three per cent on the preferred stock and three per cent on the common stock, payable August 15 1905. CAPITAL STOCK. At special meetings held in November 1904 the stockholders authorized an increase of $3,000,000 of common stock. Of this additional stock the stockholders were given the privilege to subscribe at par, in proportion to their holdings, for $1,500,000, the proceeds to be used to pay the balance of the Cost of the Indiana Branch and for other capital requirements. The full amount was paid in by June 12 1905, and new stock issued. The total oustaading capital stock of the Company now amounts to $16,500,000, and consists of $6*000,000 preferred for equipment sold, transferred or destroyed with the following items, charged to operating expenses: Nine locomotives ..$87,344 Three passenger cars 7,442 One baggage car 4,527 203,389 Five hundred and four freight cars 11,487 Nineteen Company's service cars The account was further credited for cai trust charged bonds paid off miring the year and 59,000 to net income For bonds retired during the year by the sinking funds of equipment agreements, Series D and E 138,000 Also with the amount of the sinking funds under equipment agreements Series B and C, invested in the purchase of new rolling stock. 100,000 43 90 65 67 76 00 00 00 611,192 41 Making a net increase $467,589 75 of tin- stock and $10,500,000 common stock. BONDED DEBT. During the year $59,000 of car trusts bonds v.. r< paid and now applied to 77.23 per cent of all freight year ago. sold, operating penaea are charged and equipment account is credited; when purchased or rebuilt, the cost is charged to equipment account. Air-brakes are ear-, an increase of 7.06 per cent over a When rolling stock is destroyed or PASSENGER EARNINGS. canceled. for the Under the terms of the -inking fund.- establish* D and redemption of equipment bond.-. $128,000 of Sent $10,000 of Series E were redeemed and canceled. There were issued $161,000 of equipmenl bonds, D and $628,000 of equipment bond-, Series E, authoi sed in ! former years. rate received per passenger per mile inon .04 of a mill, being 2.068 cents, as compared frith 2.051 cents a year BgO. , The average The average distance each passenger wa- earned decreased .78 of a mile, being 34 miles, against 34.78 miles lasl year. Passengers carried [905. -}'o2o'io7 i.^mm.qb/ ngers carried 1904 - The n't result of the Company. is an increase of $592,000 in tin- b< nded debt An CONSTRUCTION. The amount expended this year for the Indiana Branch, $83,647 63, together with the Bunr of $436,714 si carried The ing. increase of 2.73 percent, or result is 00,™- a gain of $4,068 00 in gTOSfl passenger earn- THE CHRONICLE. 674 FREIGHT EARNINGS. (&ommzxti<\l Timjcs. COMMERCIAL EPITOME. 3TIxjc The average a rate received per ton per mile decreased .31 of mill, being 5.1 mills, as compared with 5.41 mills last year. The average distance each ton was hauled decreased 3.65 miles, being 144.18 miles, against 17.83 miles a year ago. The revenue tonnage moved was the largest in our history showing an increase of 21.02 per cent, as follows: [Vol. lxxxi. 1 1905. Bituminous Coke coal Iron ore PiK and bloom Other •- iron... freight 1904. 1,907,543 Increase. 6,234,260 700,259 310,015 160,961 1,831,237 671,750 251,294 126,595 1,662,167 1,320,717 28,509 88,721 34,366 169,070 9,266,732 7,619,349 1,647,383 Friday Night, Aug. 18 1905. Increasing business activity has been experienced in lines of many he promising outlook for good yields from the grain crops of this country, providing a good exportable surplus, is having its influence in strengthening merchandise. 1 general feeling of confidence in active trade conditions d ing the coining fall and winter seasons. In the speculat markets bullish sentimenl has appeared to be general, the trend of prices for most staples the past week being to- Total The only commodities showing losses were products of animals, products of the forest, salt, and "other articles." The results for the year show a gain of $023,784 69 in gross freight earnings. EXPENSES. The operating ratio increased 3.44 per cent, being 61.99 per cent, against 58.55 per cent last year. The percentage of each group of operating expenses to gross earnings for the past five years is as follows: 2.23 1903. 7.30 13.55 32.93 2.09 1902. 8.47 13.23 33.61 2.22 58.55 55.87 57.53 1905. Maintenance of way 8.29 Maintenance of equipment.. 16.111 Conducting transportation .. 35.51 General expenses 2.08 Total 61.99 1904. 7.83 15.07 33.42 The average cost per ton per mile a mill less than last year. is 1901. 9.79 11.91 32.20 2.31 56.21 3.15 mills, being .04 of The road and equipment have been liberally maintained at a high standard. There was charged to expenses the sum of $314,192 41, as compared with $94,532 75 last year, for the book value, less salvage of rolling stock sold or broken up during the year. The average number of revenue tons carried one mile per revenue freight train mile, excluding the mileage of helping engines, increased 68.22 tons, being 507.25 tons, against 439.03 tons a year ago, The average number of revenue tons carried one mile per revenue freight engine mile, including the mileage of helping engines, increased 17 tons, being 374 against 357. The averages for the past ten years show a steady improvement in the average tonnage moved one mile per train mile, and per engine mile, as follows: Train Engine Load. Load. 308 269 1901 346 296 1902 326 1903 387 407 344 1904 419 354 1905 Year. 1896 1897 1898 1899 1900 Train Enoine Load. Load. 406 345 424 353 441 364 439 357 507 374 _ The average number of revenue passengers carried one mile per revenue passenger train mile is 41, being 1 less than than in the preceding year. The non-revenue traffic, not included in any of the figures of this report, is as folllows: Number of passengers Number of passengers carried one mile 196,464 Number Number 852,368 8,995,040 of tons of tons carried one mile 77,330,856 INDIANA BRANCH. In addition to the 28.30 miles of this branch opened for business last year, there was included in the operation for this year a total of 23.42 miles, from Creekside, Pa., to Iselin, Pa., and from Ernest, Pa., to Indiana, Pa. Owing to the shutting-down of the Lackawanna Steel Company's mines at Vintondale, Pa., the balance of the line, 29.53 miles, extending south of Indiana, Pa., and embracing 18.23 miles of trackage rights over the Pennsylvania Railroad, is not included in the mileage at present in operation. The total amount expended to date for the construction of this branch is $2,520,362 47, provided for by the sale of common stock during the past two years. The coal fields tributary to this line produced 1,169,739 tons of bituminous coal during the year. ROCHESTER & PITTSBURGH COAL & IRON The surplus CO. & Pittsburgh Coal & Iron Company for the fiscal year amounted to $129,247 35, out of which dividend No. 10 of 3% (three per cent) was declared, and the amount, $120,000, credited to your Profit and Loss. The above surplus was arrived at after taking from the net earnings $125,333 36, principal of bonds paid off. The Company charged to expenses each month all amounts expended for mining machinery, buildings, equipment, and development of mines. of the Rochester FIRE INSURANCE FUND. The assets in this the year, and securities fund were increased $11,237 70 during to $110,898 49 in interest-bearing now amount and cash. GENERAL REMARKS. On January 7 1905 an agreement was made with the Susquehanna & Southern Railroad Company and the Buffalo & - Susquehanna Railroad Company, granting to them for twenty years trackage rights over your line, as follows: At Sykes, Pa., for about one mile, from January 1 1905. Between Stanley, Pa., and Juneau, Pa., a distance of about sixteen miles, from July 1 1906. By order of the Board, ARTHUR Neio York, August 4 1905. G. YATES, President. wards a higher basis. A feature of the breadstuffs mark has been freer buying by exporters of wheat, corn and oats. Reports from Portsmouth, X. H., have been of some progress in the peace negotiations. Lard on the spot has been dull, buyers being indifferent at the higher prices ruling, and there has been a slight yielding in values. The close was steadier at 8.20c. for prime Western and 7.75c. for prime City. The demand for refined lard has dragged and prices have reacted slightly, closing at 8.25c. for refined for the Continent. Speculation in lard for future delivery has been moderately active. Packers have continued buyers, but under large receipts of hogs prices have declined. The close was steadier. DAILY CLOSING PRICES OF LARD FUTURES IN CHICAGO. Sat. Septe'ber delivery 7.77^ October delivery. 7.87^ December delivery 7. 67M The demand Mori. 7.80 7.92^ 7.70 Tues. 7.80 7.90 7.65 Wed. 7.67M 7.77M Thurs. 7.77 l 7.85 A Fri. 7.72 7.80 ! - 7.55 pork has been light but prices have held steady, closing at $15<g$16 for mess, $13 75 (§,$15 75 for short clear and $17 50 for family. Cut meats have been quiet but steady at 63^c for pickled shoulders, 10?4@llc. for hams and 8J^@10c. for pickled for pickled bellies, 16 (g 10 Beef has held steady at unchanged prices, closing at $8 50@9 00 for mess, $10 (£$10 50 for packet, $12@$12 50 for family and $17 50@$19 00 for extra India mess in tcs. Tallow has been in fair demand and firm at Stearines have been firmer, closing at 9c. for lard 4J^c. stearine and 8^c. for oleo stearine. Cotton-seed oil has had a fair sale at steady prices, closing at 3034 c for prime yellow. Butter has been in good demand and firm, closing at 173^@213^c. for creamery. Cheese has been quiet, and with stocks accumulating prices have declined, closing at 93^@103^c. for State factory, full cream. Fresh eggs have lbs. average. - advanced on limited receipts, closing at 21c. for best Western. Brazil grades of coffee have been in fairly active demand. Offerings of commercial grades have been very moderate, as stocks of these particular grades are limited; prices have advanced. The close was steady at 8J^c. for Rio No. 7 and 934c for Santos No. 4. West India growths have been sparingly offered and prices have advanced, closing at 9^@10c. for good Cucuta and llj^c. for good average Speculation in the market for coffee contracts Bogota. has been fairly active. There has been better buying, induced by reports of crop damage in Brazil by cold weather and frosts, and prices have advanced. The close was steady. Following are the closing asked prices: 7.25c. Nov 7.85c. 7.50c. IMarch Aug 79"c. 7.30c. Dec 7.60c. |Mav Sept 7.40c. Jan 8.05c. 7.70c. July Oct Raw sugars have been in light demand, and under moderate offerings prices have declined, closing at 4 l-16c. for centrifugal, 96 deg. test, and 3 7-16c. for muscovado, 89 Refined sugar has been in fair demand and deg. test. Rice has been in better steady at 5' 20c. for granulated. demand and firm. Trade demand for teas has shown some improvement. Kentucky tobacco has continued to be firmly held, with demand moderately active. Although buyers have given a fair amount of attention the past week to the market for volume of business that has been put through has reached only very moderate proportions; prices have continued firm. Sumatra tobacco has had a fairly good sale at full values. Havana tobacco has been in fair seed-leaf tobacco, the demand and firm. Business in the market for Straits tin has been quiet, and only slight changes have occurred in prices. The close was quietat 32.50 @32.75c. Ingot copper has been in moderate^ active demand and higher, closing at 15.70 @15. 75c. for Lake and 15.70 @ 15.90c. for electrolytic. Lead has been Spelter has been in fair demand, firmer, closing at 4.75c. Pig iron has been in moderate closing at 5.75 @5. 80c. demand, closing steady at $16.25 for No. 2 Northern and $15.50 @15. 75 for No. 2 Southern. Refined petroleum has been in fair demand and firm, closing at 6.90c. in bbls., 9.60c. in cases and 4c. in bulk. Naphtha has been steady at lie. for 71 degrees and lie. for 76 degrees. Credit balances have been steady, closing at The Spirits turpentine has been quiet and easier. 1.27c. Rosins have been in fair demand close was steady at 63c. and steady at $3 55 @3 60 for common and good strained. Hops have been quiet, but steady. Wool has been in less active demand, but prices have held firm. — . 1 . .. AUG. . — . — . 1 . . THE CHRONICLE. 19 1905. <>:r> COTTON. t>n a rait Friday Night, August is 1905, THE MOVEMENT OF THE CROP Aug. 18 at— as indicated by our For the telegrams from the South to-night Is given below. have receipts readied week ending this evening the total 50 ,2 is hales, against 62,871 bales last week and 74,337 hales the previous week, making the total receipts since the 1st of September 1904 '.).9()2,440 hales, against 7,137,296 hales for the same period of 1903-04, showing an increase since Sept. Receipts at — Galveston l't. Arthur, Now 1904 of 2,825,144 hales. 1 Mon Sat. Thurs. Wed. rues. Total. Fri. 2.S94 2,290 5,886 1,992 3.190 5,349 21,601 1,557 2, SOS 58 2.414 27 2,155 2,488 62 63 124 11,753 Jcc Orleans. 77 Mobile. 499 847 4.947 1,154 977 807 616 869 476 4,947 4.S99 Brunswick, Ac Charleston Port Roval, Ac 13 586 120 ii 6 13 749 Wilmington 32 16 9 32 40 530 659 420 757 525 299 668 57 3,708 57 25 Pensacola, &< Savannah _ _ Wasrilngt'n.&c Norfolk N 'port N., &c. 1 .039 Shipboard, Not Cleared Hr it'n Now Orleans Galveston Ger. France 7,132 17,925 Other Coast many. Foreign . 165 8.501 7,133 6,887 7,400 Savannah lor Leaving Total. ICI.SC. 59 2,217 10,088 200 700 Chariest on "126 Mobile Norfolk New ^ ork Other ports.. 3",666 ""666 ""566 700 9,266 22,570 3.278 2,800 30.S57 3,399 Total 1905. total 1904. Total 1903. 350 598 2,571 10,000 Y.666 200 1 1 1 ,488 ,968 254 13,102 2,452 125 stork 51,750 81,878 9,599 8,948 "126 2,062 10,000 8,746 5,100 138,975 7,961 3.700 24,577 85,680 8,100 87.2S3 219.122 11,447 68,175 3,548 177,339 Speculation in cotton for future delivery has been fairly Weather conactive. Early in the week prices declined. ditions in the Eastern section of the cotton belt were favorable. Hear operators were aggressive; there was moderate selling for the account of spot nouses and outside speculative During the week sevholders were reported liquidating. eral prominent New Orleans operators arrived in the local market, and a report was circulated that a bull pool was formed to operate in this market. At any rate, during the second half of the week good buying, which it was understood came from these New Orleans operators, developed, and The crop situation in Texas was reprices turned firmer. st: 99 24 7 166 449 ported as becoming critical, hot, dry weather being exBoston 73 524 524 Baltimore perienced, and it is understood that in some localities rain Philadel'a, Ac. The dry weather in Texas, it was stated, is badly needed. 6.42-: 8,471 50,218 was the principal factor in the bull campaign. 9,812 6,981 6.22C 12,307 Tot this wk Advices ~* received from England reported that the labor troubles at The follow ing shows the week's total receipts, the total Lancashire had been settled until next March, thus averting since Sept. 1 1904, and the stocks to-night, compared with a threatened strike, which also operated in favor of the marFactors reported that spot cotton in the South was ket. last year. _ „ New York 21 . below the basis of contracts, with the demand from spinners light. Spot houses have taken advantage of this situation and were buying the offerings of actual cotton against which they sold contracts at a profit. To-day the market was fairly active and higher during the early trading, on continued dry weather in Texas and shorts covering. During the day the market became quieter and part of the advance was lost. The close was steady at a net gain for the day of 9@12 points. Cotton on the spot has been quiet, closing steady at 10.75c. for middling uplands. The rates on and off middling, as established Nov. 18 1903 by the Revision Committee, at which grades other than middling may be delivered on contract, are as follows: selling at 1903-04. 1904-05. Stock Receipts to Aug- Galveston _ Pt. Arthur, Ac_. New Orleans Mobile Pensacola &c . Brunswick, Charleston Port Royal, Wilmington Washington, Ac Norfolk Newp't News, Ac New York Boston Baltimore . Philadelphia, 8,703 2,349.715 104,029 1,433 1,999,356 11 200,095 132,868 1,250 1,146,806 120,760 Y.OOS 150,594 1,290 43 321,475 290,604 lY,753 2,668,831 847 326,556 210,018 4,947 4,899 1,84 1,756 200,853 "749 221,424 902 ""659 374.573 122 3~,708 788,632 57 27,481 25 33,742 449 81,630 524 62,372 13,736 Ac. Ac. Ac Totals Since Sep 1 1903. This week 21,601 2,819,208 , Savannah Since Sep 1 1904. This week 18. 336 484,298 22,144 '787 1904 1905. 67,058 8,791 76",327 24~,804 2,188 2(59 17~,699 S",470 3,623 3,948 565 2~,047 "303 13~,746 1,049 18,815 144",075 32,769 3,152 31,092 759 14,854 2,083 155 452 193 14,030 7,137,296 336,705 50,21819,962,440 30,1S4 2,514 727 1,646 79,622 In order that a comparison may be made with other years, give below the totals at leading ports for six seasons. we Receipts at 1905. Galv'n, Ac. NewOrleans 1902. 1903. 1904. 21,601 11,753 8,703 172 ,433 600 Mobile 1 1901. 847 1,250 Ch'ston.Ac. 4,899 749 ,003 6 Wilm'n.Ac. 659 28 161 800 294 688 418 All others.. 3.708 57 5,945 43 787 wk 50,218 14,030 2,021 24,692, Norfolk . . N.News, Ac. Tot .this Since Sept. 1 72 1900. 8,232 5,146 20 1,256 16,605 2,664 194 2,409 784 190 1,067 11 Savannah.. 1 1SS 817 448 12 143 1,468 73 214 172 1.617 1,004 261 ,693 2,893 17,281 week ending evening reach a total of 75,483 bales, of which 44,529 were to Great Britain 11,859 to France and 19,096 to the rest of the Continent. Below for the this , are the exports for the week and since Sept. Week ending Aug. Exported From 18 1905. Sept. 1 1 1904: 1904 to Aug. IS 1905, Exported to to F.xportfl trom Galveston Pt, Arthur. 4c. Sew Orleans.. Mobile Pensacola. 4c. Great ContiBritain. Fr'nce nent. 17.307 •J>,b 337 8.246 100 1,879 1.947 Savannah 8.221 Brunswick Charleston fort Uoyal Wilmington N - ... ..... •-•..._ N"port\ Hew \ or* Boston 7.753 3.512 7.819 Baltimore. 3.437 100 1.912 I'till.vlelphla .. 200 12 San fran., 4c. Total Total 1903-04. 507 44.529 2.11' 11. 858 Total Great Week. Britain. 1 France. 17,644 1.292.439 284.602 61,385 9.311 1.107,236372.408 1.878 76.562 120,1,71 22.172 4,947 8,221 275,817 51.489 159.472 3.379 ..... 9~654 182. 1,531 14.116 100 21,623 19.084 339.676 49.172 4.949 208.538: 5.449 141.7571 5.724 3.492 66,337 507 | 0.96 0.62 0.44 0.14 0.38 0.72 1.00 0.30 Good Ordinary Good Ordinary. Strict Good Mid. Tinged Strict Contlnent. 1 | Total. 684,979,2.262.020 10.' 934.634|2,41 t,*38 61.623 UPLANDS.. .'» 74.617 77,996 172*806 365.099 8.4071 2.438! 206,'" 15,1- . Wed. Thurs. 9.65 10.27 10.65 11.09 11.61 9.55 10.17 10.55 10.99 11.51 9.60 10.22 10.60 11.04 11.56 9.50 10.12 10.50 10.94 11.46 Sat. Mon. Tues. Wed. Thurs. 9.90 10.52 10.90 9.85 10.47 10.85 11.29 9.75 10.37 10.75 11.19 9.85 10.47 10.85 11.29 11.86 9.80 10.42 10.80 11.24 11.76 11.81 11.71 11.81 STAINED. Sat. Mon. Tues. Wed. Thurs. Low Middling.. 9.15 10.15 10.31 10.65 9.05 10.05 10.21 10.55 9.10 10.10 10.26 10.60 9.00 10.00 10.16 10.50 Middling Good Middling Middling Fair GULF. Good Ordinary.. Low Middling Middling . Good Middling Middling Fair Middling Strict 1 1 . Low Middling Tinged Good Middling Tinged The quotations August 18 for each 1905. c. 10.75 1904. 10.65 1903.. 12.75 1902.. . 9 1901.. . 8 1900. .10 1899. . 6 3-16 1898. - 5% .34 1889. c. 11% 1888. ..llkf 1887... 9 11-16 1SS6... 9% 1885. ..10', 1884. ..10% 1883. ..10 3-16 1882. ..13 1-16 1897. c. 8 1896. ..8 7-16 1895... 7 9-16 1894... 7 1893... 75-16 1892... 7 3-16 1891... 7 15-16 1890 ..11 15-16 MARKET AND Fri. 9.60 10.22 10.60 11.04 11.56 9.75 10.37 10.75 11.19 11.71 Fri. 10.00 10.62 11.00 11.44 11.96 Fri. 9.10 10.10 10.26 10.60 9.25 10.25 10.41 10 7.-) 11881. C.12% |1880... 11 11-16 1879._.11% 1878.. .12 1877. .1 I ' i 1876.. .12% I1K75__.14% 11874. ..16% 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 Bpote and futures closed on same day-. Sales o\ spot Spot Market Closed. 75.483 4,057.971 856.600 3,704, 141 8.618,912 2.089 2,760,969 6,015.176 Monday Tuesd Wednesday Thursday Friday Quiet Quiet Quiet Quiet Quiet Market 'la 10 pta. dec. Quiet pis. dec, Steady steady pta. adv i>ts. dec. Barely Bl 10 6 in 10 Quiet 15 pts. pts. and Contract. Futures < Saturday Lambert & Barrows, Produce Exchange Building. off off off off off off off for middling upland at New York on of the past 32 years have been as follows: 19.006 We on| Tues. g] 1,478 In addition to above exports, our telegrams to-nighl give us the following amounts of cotton on shipboard, oot cleared, at the ports named. add similar 6gur< .New \ork, which arc prepared for our special use by M Middling Stained Low Mid. Stained Low Middling Stained off| Strict Mon. 71.118 314,478 0.12 0.34 0.50 0.84 0.50 1.00 1.50 Sat. 1H3.988 205.071 947,551,1,. 694'- 166,418 off c. 0.06 off On this basis the official prices for a few of the grades for the past week would be as follows: Low Middling 9,962,440 7,137,296 7,639,462 7,488,636 7,552,647 6,548,143 The exports Middling Fair Good Middling Good Middling Strict Low Middling Low Middling ne Good Ordinary 1 Even Good Middling Tinged... on Strict Middling Tinged on Middling Tinged on Strict Low Mid. Tinged off Low Middling Tinged off Strict Good Ord. Tinged c. 1.30 on Fair Strict adv. Steady adv. Steady Con- < /ne 11 lotion inn'ii tract. Total. 20 i ;§66 Ioi 15 160 266 son 1 ,300 100 215 SOI) THE CHRONICLE, 676 FUTURES .-High, low and closing prices at Now York. t> 3 vs 3 «i 3 i HP &• 2. P '/. i oo 1 tow i© i® 1® —— oo o 00 00 j-|— i I 1® 1 1 1® OS OS CO 00 ® J® M|® — — oo O oo oo OS OS OS CD OS 4- M00 -1-1 oco toe. -J! —— —M OS OS Oi Cn OS to CnOi 1® If —1® — I® 1® 3 vi 7) 10 — fif'F —© w 3 1 1 1 1 OSM 00 33 CO — CO 4- 1® 1 1 1 1 1© OiCS OS OS s coco oo OO oo o MCn MOO 1® I® OO MM *© oo OO CnOs osoo CnOs — —1® 1 1 1 1 o CO 1 1 1 1 1 4-4osos 1 s 4-4- CO CO 1 1 to to Cn — l® —1® |® — c cnos 4- -i J. -1 Cn — **. co*. co-l -1 CO |® h-1 1 1 to to co oo a c: 1® 4- — oo — 10 - 1 *.«s ^•3 1 C?i«C 4 oo OO CnCn lOtO 4-4- *. 00 CnCn coco COO OO oo oo CO w 00 to IS tOCn MOO *.M tOtO — to to to *-to — © coo T® I® I® oo oo oo co*. 4- CO — to — CO OM OsO oo oo OCO J.® ooo oo — 2" Cn oo oo OO oo oo oo 1 li CntO to to CO — OSM coto to 00 1® I® oo I® 55 55 cncn COM coco coco oo to CO 4- Cn 00 *OS 1® M o |® — 18 1 1 "^ CO 1 1 n. PS • * I® — o ® co 1 «i *.co 4-4- to oo OS 00 to to OSM MCn 1® 1® £3 is M° OSM CO cn *.Cn MOs to 10 00 to •|® I® — o O <° Cn 13 |® o IS 1® 1 SUPPLY o 15 211 ,000 1,000 83 ,000 3,000 18,000 9,000 3,000 342,000 Total European stocks 1 ,140,000 India cotton afloat for Europe. 138,000 Amer. cotton afloat for Europe. 196,000 23,000 Egypt, Brazil, &c.,aflt.for E'pe 52,000 Stock in Alexandria, Egypt. .. Bombay, India 673,000 Stock in 336,705 Stock in U. S. ports 126,254 Stock in U. S. interior towns. 15,900 U. S. exports to-day 4-'0 1 'J. i p, i CO' I I I — CO' — — M — — o —to — 00Cs**.OS*.Cn — M0C>*.CO*- 4400M — OXtO — tOCCCCOs OSIOMOSCSOOtOOOMO — OMtO*C— CO. tO*MCnCtOC00 — 329,000 43,000 80,000 4,000 88,000 4,000 23,000 10,000 18,000 270,000 ; 1 1 > ' I 1 i ' OS CO 10 Cn coto to 00 1® — o w OS 1® 1 1 1 1 3 ft o w to M CO CO M Cn Cn CC 4- C M CO CO C Cn C CO - — CO CO C 10 C — O. 1 *.' *' CT 00. *.' *.i O CO ©' 4Ml tO — 001 — cm OCnosi o*.tO' M — CO — Egypt, Brazil, &c, afloat Stock in Alexandria, Egypt Stock in Bombay, India &c l — On 4- 4- Cn —I i DO Cn ' 4- M ' Cn*-' to to *O— —Oo i ' i 4- OMOto — to — tog OS CnOO *-CO00 "cOOn CO C.MiVtOOC CnMO'tOOCnO * OS 00 Cn"*— *.*IOCnMC0O5 — *Ost0t0Cn00Cn00t0 OO 00OO*.OO — M*COtOOX CnCDOCCO 4-On X Ci 10 — OS-I — tOIC — CO lOMO-SM — cnc; c MCV V — Co i; 339,000 34,000 84,000 4,000 79,000 3,000 11,000 19,000 12,000 246,000 599,000 61,000 18,000 13,000 65,000 361,000 79,622 60,093 585,000 98,000 24,000 13,000 5,000 436,000 180,887 13,173 1,064 1,523 497,000 20,000 69,000 3,000 88,000 2,000 30,000 14,000 9,000 235,000 732,000 30,000 60,000 14,000 45,000 344,000 149,968 55,454 4,205 198,000 28,000 163,000 24,000 180,887 13,173 1,523 387,000 ,676,859 511,779 608,583 841,627 77,000 18,000 7,000 36,000 138,000 23,000 52,000 673,000 100,000 28,000 5,000 113,000 61,000 13,000 65,000 361,000 92,000 18,000 3,000 83,000 98,000 13,000 5,000 436,000 89,000 21,000 50,666 30,000 14,000 45,000 341,000 1,024,000 1,676,859 746,000 511,779 748,000 608,583 593,000 841,627 1 i MOO — MCO — — * — to — tOOsOCCnOMCn*tO *Cn*cOCO00tOOsOs0ros — MC01OMM — OOOsOSM*.*.OSOMtOtOOO*.MtOOOOsCnMCOOCOMCOOOCGr CO to coiosio CS Cn OS, , , "toi tO' 4-1 i i ' ' i i ' i oo i oc to 18 5" 666 60,000 149,968 55,454 4,205 i Cn Continental imports past week have been 104,000 bales. The above figures for 1905 show a decrease from last week of 87,520 bales, a gain of 1,443,080 bales over 1904, an excess of 1,344,276 bales over 1903. to i M — CO' O tO 00 Cn MOO' M Cn Cn ' i ' O CO M*Cn —to — MOOOCnOOCnOSCOOS IOCn*.tOO- *Cntn — COOOCOCO COCOCn*.00 — — to Cn Cn — OS OS O O M Cn M CD C — tOCOCO*. CCOOOOS — IO 00 to *-Co lis* coenCOOO Cn 3-s ~ z -5 . MCnCCOsCnCOOOtoOCnCO© — C0COCO*-CO0CCn*-M- OOCCCntoCOtOCOCntO — CSCncOOsCnCO S o *• • 5*1 The above totals show that the interior stocks have decreased during the week 3,647 bales, and are to-night 66,161 bales more than same period last year. The receipts at all the towns have been 17,660 bales more than same week last year. OVERLAND MOVEMENT FOR THE WEEK AND — SINCE SEPT. 1. We overland movement for give below a statement showing the 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: -1904-05Since Week Sept. 1. 5,423 625,665 August 18. Shipped Via St. Louis Via Cairo Via Rock Island Via Louisville Via Cincinnati. Via other routes &c — 630 50 530 275 798 , ±y Urf-U4 Since Week. Sept. 1. 1,862 518,064 255,227 488 332,924 53,161 103,631 60,825 355,243 443 130 Total gross overland 7,706 1,531,449 Deduct shipments Overland to N. Y., Boston, &c. 998 191,480 68 Between interior towns 36,724 Inland, &c, from South 1,244 62,034 — 13,731 122,485 32,350 196,042 2,923 1,137,899 800 760 97,530 31,427 102,420 290, 23S 1,583 231,377 Leaving total net overland a... 5,396 1,241,211 1,340 906.522 a Including movement by 2,310 rail to 23 Canada. The foregoing shows that the week's net overland movement this year has been 5,396 bales, against 1,340 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 334,689 bales. 1903-04 Since 1904-05Since In Sight and Spi7iners' Sept. 1. Week. Takings. ports to Aug. 18. 50,218 9,962,440 Receipts at 5,396 1,241,211 Net overland to Aug. 18... to Aug. 44,000 2,152,000 consumption 18 Southern Total marketed 2,700,859 1,257,779 1,356,583 1,434,627 Total visible supply. 5.80d. 6.12d. 6.70d. 4 27-32d. Middling Upland, Liverpool... 10.75c. 10.65c. New York .. 12.75c. 9c. Middling Upland, 15-16d. 9 Liverpool. 7 15-16d. 7 13-16d. Brown, 8J^d. Egypt Good 9.65d. 10.50d. 9d. 7d. Peruv. Rough Good, Liverpool 5%d. 4 9-16d. 5 9-16d. 5 ll-16d. Broach Fine, Liverpool 5^d. 5 5-16d. 5 7-16d. 4 9-16d. Tinnevelly Good, Liverpool... — ©' CnCOOsCnCci OsOtO' CO Total to be deducted Total American East Indian, Brazil, &c. Liverpool stock London stock Manchester stock Continental stocks India afloat for Europe So> Oo'too— 'to — 181,000 15,000 157,000 18,000 79,622 60,093 1,064 American afloat for Europe... U. S. stock U. S. interior stocks U. S. exports to-day OC * Cn 653,000 43,000 306,000 196,000 336,705 126,254 15,900 bales. R-~ 005 American — Liverpool stock Manchester stock Continental stocks 1 i; *0C — 00 — *. O — tOOT' IO — — 10 4-10 CO 'OtO tO — — tOO — COOOCntOtOOO — COO' tOO' cCCntOCnCOOC — *.O0C — — MOtOOCnOCOtOCncOCOOC' CC' CO Cn C CO X -1 CO to OS — OM — tO' OM' ocoi to 2,700,859 1,257,779 1,356,583 1,434,627 Total visible supply Of the above, totals of American and other descriptions are as follows: Total East India, Total American • OS CO COTTON 798,000 14,000 Total Continental stocks Oi 1 I 1® oo oo oo — 00 CO — 10, Ml I OO oo oo OSCn CO cn 1 1 Total Great Britain stock... Stock at Hamburg Stock at Bremen Stock at Antwerp. Stock at Havre Stock at Marseilles. Stock at Barcelona Stock at Genoa Stock at Trieste I I 58- p. CO tO — to — 4-V.O: 10*. — 00 — M M Cn * CO O M — Cn 10 C: to M V. CC to — to a — Ci-lV- O. -I OS O. — O* C'4_c.-i^C to — tccocoo. C — COS to —— — CO 10 *.— O — OS — *o hi OCntOCOCO — — 10 OS — CO O: OMCOOMCnc-i M-JMIOIOtCCO- tOtOCtO M CO 00 M 00 * 00 M 00 to * 00 *. *. to Cn — Cn Co O: Cn M — V. — CO 00 J C O. O Cn CO o. b"Vbbbois«)Voo^aVo<i»V-ib.cbc-iV-Kc-icMkc; COCnCnOM*tOCO — too. — <XO*tOCOOSOiCOOsOOS*-COOrCnC-. C0>^MCn CnOMO 4- 4- CO Oi O. CC O. C - ~ Or Cn CO — O -' 10 CO 4. 4- — Cn C — V- — CO V. 00 . to-night, as made OF VISIBLE 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. to-night (Friday), we add the item of exports from the United States, including in it the exports of Friday only. 1904. 1903. 1902. 1905. August 18— bales. 730,000 281,000 290,000 476,000 Stock at Liverpool 18,000 28,000 18,000 21,000 Stock at London 50,000 20,000 31,000 Stock at Manchester THE I Crn * CO o CO to *<« g l» Cn 1® ~Sj • CO OS 1® J® SI set out in is / OSOt 1 too to© corresponding period of the previous year detail below. § — g— J.® I® 55 OO o s o coco CnCn 13 251 loco ol tO — —— —— I—* 1 — P'Pf CnCO *co *to co — IOO OS*. 4-4to*. CnCn CnOs oto CnOs M |® 1® 1® 1® I® 1® |© oo o oo OO oo oo oo oo co to Cncn Cn*. to to OS OS MM — lO SI cncn OSM OM OSM toco OSCn MCn ©to oo MM OS en oo * CO week 3 g .since oo OO oo OO oo oo 5S oo toss OSM t» the movement— that is the Sept. 1, the shipments for the and the stocks to-night, and the same items for the week and [ 4- Ci 1 1 oc CnCn Cn OS i® i® I® oo oo OO o OO ss oo co*. *.© CnM CnM CnM §1 Oscn OM coos MtO Cn© —— oo 51 OO oo OO OO oo oo oo tn M*. M* OS*. os co CntO COCn CnOO COCO CO — 00 OS tO — p 1® 1® i® j® |® 1® |® —I® — |® o o OO OO OO oo o MM OS OS CnOs 00 OS *.CO IS 21 OCn *-00 SI oo oo OO OO o oo OOM MM OS tOCO oo 00 00 Cncn HtO co — OS MM oooo to i@ 1® T© 1® |@ 1® |® 1® 1® O— o OO oo oo ©— o i® 3 oo OO oo OO So So OO oo So GiCn i@ 1 3 oo oo M io -1-1 00 00 21 SI W CO MCn i® oo m to '/. P'W Si'Ei'p'gt'pjJt i 3 AT THE INTERIOR TOWNS receipts for the QW-QW3 o»oojfto»a opjS-owS QS)S QW| Qssr^ow^ o«= w 3 [Vol. lxxxi. Interior stocks in excess Week. 14,030 1.340 20,000 35,370 10,061,818 a4,392 48,491 99,614 13,355,651 64,594 a 3,647 into sight during week. 95,967 13,420,245 Total in sight Aug. 18 30,978 Came North, spin's' tak'gs to Aug. 18 7,534 Sept. 1. 7,137,296 906,522 2,018,000 10,110,309 2,324,990 10,094 2,120,951 a Decrease during week. Movement \Yeek — 190 3_Aug. 21 1902— Aug 22 1901— Aug 23 1900— Aug. 24 into sight in previous years. Bales. 29,458 61,594 53,135 37.848 I Since Sept. 1 1902-03— Aug. 1901-02— Aug. 1900-01— Aug. 1899-00— Aug. Bales. 21 22 23 24 10,703,245 10,451,483 10,400,917 9.154,521 6 A in. li» . . THE CHRONICLE. 1905.1 QUOTATIONS FOB MIDDLING COTTON AT OTHER MARKETS. Below arc closing quotations of middling cotton at Southern ami other principal cotton markets for each day of the week. Closing Quotations lor Middling Cotton Week ending Aug. — 10 9-lfi Orleans. 10 io>, Mobile Galveston New . Savannah 10', ID'... 10', 10% 10 7-16 10', to', l()»s lOfi 10% to 10 10 3-10 10 10', . _ 10', 10.50 10.62 10.85 1 o 3- 1 10% — 10', It) — We 10', Charleston Wilmington.. Norfolk Boston Baltimore Philadelpliia _. iow to% 10% 10% . 10.7.-, 10.55 10.62 . 10.75 10.90 10.65 10.62 10 SI. io.s.-> LOW L0H 10', 10', 10', 10', 10>s 10.60 10.62 10.75 10', 10's 10', Augusta 10" s Memphis Louis St. 10% 10% 10% Houston 10 9-16 Little Roek.. 10% ',()', 10", 10-\ 10", un 10% 10% 10% — 10.60 10.7.". .00 10' 1 1 . — L0% 10% 10% 10% — The closing quotations to- day (Fr day) at other important Southern markets wore as follows: 10 3-16 Atlanta 10% Louisville 10% Natchez 10K Raleigh 10% Col'bus, Ga_. \0H Montgom ery . 10% Shreveport Col' bus, Miss. 10% Nashville 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 Monday, Tuesday Wed'day, Thursd'y, Friday, Aug. 14. Aug. 15, Aug. 16. Aug. 17. Aug. 18. Sat'day, Aug. 12. — — @ — — — @ —— @ — — @ — 10.45 10.12- — 10.38 10.21 10.29 10.38 Closing — September — @ — — ® — 10.20-.21 — @.30 — @ — Range 10.41-.43 10.47 10.42-44 10.23-.25 10.31-.32 10.15 Closing October — 22-. 51 10.53-.71 10.50-.58 10.30-.38 10.22- .47 45 Range 26 10.49-.50 10.55-.56 10.53-.54 10.31-.32 10.41-.42 Closing December — 10.55-.64 10. 35-. 42 10.27-. 53 10.30-.50 10.27-.56 10-59-. 78 Range 10.36-.37 10. 56 10.60-.61 10.59 48 10.30Closing January — August Range .43 (a (a: 10. 25-. 10. 25-. 47-. Range Closing - 10. .31 10. 55-. 10.63-.66 10.36-.42 10.34-.60 10.45-. 50 10.32-.52 10.66- .83 10.65-.66 10.43-.44 10. 53-. 54 10.37- .38 10.61-.63 10. 67-. 68 Tone— Spot Options Easy. Easy. Quiet. Steady. Steady. Steady. — It has rainedjon one day of the week, Nacogdocfu s, Texas. the rainfall being forty-six hundredths of an inch. Average thermometer So, highest 93, lowesl 72. There has been rain on one day the past Palestine, Texas. week, the- rainfall being four hundredths Of an inch. The thermometer has averaged 83, the highest being 92 and the lowest 7 1. Pans, Texas. -There has been rain on two days of the past week, the rainfall reaching forty hundredths or an inch. Thermometer has averaged 84, ranging from 71 to 95. San Antonio, Texas. We have had no rain during the week. Average thermometer 84, highest 96, lowest 72. Weatherford, Texas. have had a trace of rain on one day during the week. The thermometer has averaged 88, the highest being 102 and the lowest 73. New Orleans, Louisiana. Rain has fallen on five days of the week, the rainfall being fifty-six hundredths of an inch. The thermomtc r has averaged 84. Shreveport, Louisiana. It has rained on one day of the week, the precipitation being seven hundredths of an inch. Average thermometer 84, highest 94, lowest 74. Leland, Mississippi. There has been rain on five days during the week, the precipitation reaching two inches. Average thermometer 77.7, highest 91 and lowest 67. — Monday. Tuesday Wed' day. Thursd'y Friday. Sat'day. 18. (177 Steady. Steady. Steady Steady. Very st'y Steady. WEATHER REPORTS BY TELEGRAPH.—Our tele- graphic advices from the South this evening denote that in some sections the weather has been le^s favorable during the week. In the Southwest wheie rain has fallen the precipitation has been light as a rule, and over much of Texas there has been no rain. Along the Gulf and in some districts along the Atlantic, it is claimed, there has been too much moisture. Reports from Arkansas denote an improvement in the crop but from Alabama there are complaints of rust and shedding. Galveston, Texas. General rains would be very beneficial There has been only a trace to the cotton crop in Texas. of rain on one day during the week. The thermometer has — averaged 85, ranging from 81 to 88. Rain has fallen lightly on two days of Abilene, Texas. the week, the rainfall being seven hundredths of an inch. The thermometer has ranged from 70 to 100, averaging 85. lirenham, Texas. It has been dry all the week. Average — — — Helena, Arkansas. Cotton is somewhat rank, but is fruiting better. There has been too much rain and the indications are for more, but we hear no complaints of rust, worms or blight. We have had local showers on two days during the week, the rainfall being one inch and nine hundredths. The thermometer has averaged 81, the highest being 93 and the lowest 70. Little Rock, Arkansas. Crop shows some improvement. There has been rain on five days of the week, and it has reached two inches and fifty-five hundredths. The thermometer has averaged 80 ranging from 60 to 93. Nashville, Tennessee. There has been rain on one day during the week, the precipitation reaching three hundredths of an inch. Average thermometer 80, highest 91 and low- — — est 68. — Memphis, Tennessee. Condition of cotton continues to We have had rain on three days of the past week, the rainfall being one inch and fifteen hundredths. The thermometer has ranged from 67.8 to 90.3, averaging 79.9. Mobile, Alabama. Frequent rains retard opening and picking and there are some complaints of rust and shedding. It has rained on six days of the week, the rainfall reaching one inch and seventy hundredths. Average thermometer 82, improve. — highest 92, lowest 73. — Montgomery, Alabama. It is raining too much and there are complaints of rust and shedding. The outlook is less favorable. have had rain on four days of the past week, the precipitation being one inch and eight hundredths. The thermometer has averaged 80, the highest being 93 and the lowest 70. Selma, Alabama. Rains are doing damage on bottom lands, causing bolls to rot. Rain has fallen on four days of We — the week, the rainfall reaching three inches and fifteen hundredths. The thermometer has averaged 81, ranging from 68 to 94. Madison, Florida .—There has been rain on two days during the week, the rainfall reaching one inch and fifty hundredths. The thermometer has ranged from 68 to 90, averaging 79. Augusta, Georgia. Rain has fallen on four days of the week, the rainfall being nineteen hundredths of an inch. The thermometer has averaged 82, ranging from 72 to 94. — — Savannah, Georgia. Rain has fallen on five days of the week, the rainfall reaching two inches and thirty-two hundredths of an inch. The thermometer has ranged from 71 to 94, averaging 81. Charleston, South Carolina. There has been rain on four days during the week, the precipitation reaching seventyfour hundredths of an inch. The thermometer has averaged 81 ranging from 75 to 91. Stateburg, South Carolina. Cloudy and much cooler on Thursday decidedly better for cotton than an immediate return to clear, hot sunshine. There has been rain on five days the past week, the rainfall being one inch and fourteen hundredths. Thermometer has averaged 79, ranging from — thermometer 88. highest 97, lowest 75. Corpus Christi. Texas. We have had no rain the past week. The thermometer has averaged 84, the highesl bi ing 96 and the lowest 77. Cuero, Texas. Dry weather lms prevailed all the week. The thermometer has ranged from 66 to 100, averaging s v hnllas, Texas. We have had showers on two daye 'luring of 70 to 91. the week, the precipitation being fourteen hundredth an inch. Average thermometer 89, highesl 98, lowi -i 69 Charlotte, Xorth Carolina. We are having too much moistFort Worth, Texas. We have had rain on two day- during ure; some clear weather is needed. We have had rain the the week, the precipitation being fifty-two hundredth of pasl week, the rainfall reaching one inch and seventy-four The thermometer, has averaged 88, the hug] tin inch. hundredths. The thermometer has averaged 74, the highest being 98 and the lowest 08. being SO and the lowest 63. Henrietta, Texas. We have had rain on one daj during The following statement we have also received by telethe week, the rainfall being twenty-two hundredth of an graph, showing the height of the rivers at the points named, inch. The thermometer has averaged 86, ranging from 67 it 8 a. m. of the dates given the last two years: — , — — — — — — — to 103. Huntsville, Texas. — Texas. — There has been no during week. Average thermometer 86, highesl 98, lowest Lampasas, Texas. — We have had no during the The The weather has been dry till the week. The thermometer has ranged from ~'.i to 101 averaging 87. , Kerrville, rain the, thermometer ha.- •< ek. averaged B5, the highest being 102 and the lowest 68. Longview, Texas. 11 has been dry all the week thermometer ban averaged 84, ranging from 72 bo M^ Luling, Texas. We have had no rain during the week, The thermometer has ranged from 716 to !>H, averaging s 7. — — Not Oil. '.mMemphis Feet 10"8 L2.0 Above Nashville 71 rain Aug. is 1005. port . . Vickaburg . zero of \.bove zero of Ujove zero of Above zero of Above zero of ga !"'/ 19 1904. Feet. 4.9 6.4 mo gauge gal 11.8 21.6 gau JUTE BUTTS, BAGGING, been qo AC. -There ha market for jute bagging during the week. Prices are unchanged at 8c. for l; and 8#c. for 2 lbs. Ibi .,'c. for dard grades. Jute butts have been dull at paper grades, 2' {<. for mixing ami ::<. for bagging quality. animation in the 1 ., . :; l THE CHRONICLE. 678 MOVEMENT FROM ALL PORTS.— INDIA COTTON receipts of cotton at Bombay and the shipments from all India ports for the week and for the season from Sept. 1 for three years have been as follows: The August 17. Receipts at 1904-05. — Since Week. Bombay. 9,000 2,684,000 For Exports from — Total. 6,000 2,472,000 12,000 2,000 10,000 12,000 2,000 16,000 Review will be ready in circular MANCHESTER KKET.— Our report received by MA cable to-night from Manchester states that the market is quiet for both yarns and shirtings. Merchants continue to buy very sparingly. give the prices for to-day below and leave those for previous weeks of this and last year for Total. 456,000 863,000 920,000 478,000 957,000 997,000 comparison Bombay 1904-05 1903-04 1902-03 Calcutta 1904-05 1903-04 1902-03 pj Annual Cotton Crop form about Wednesday, COTTON CROP CIRCULAR.— Our We 1. Continent . 1905. 22,000 94,000 77,000 4,000 1,000 2,000 4,000 1,000 2,000 3,000 4,000 5,000 47,000 49,000 50,000 50,000 53,000 55,000 2,000 9,000 1,000 3,000 10,000 1,000 4,000 13,000 9,000 17,000 49,000 29,000 21.000 62,000 38,000 ,000 ,000 ,000 5,000 10,000 8,000 6,000 11,000 12,000 14,000 23,000 37,000 241,000 296,000 191,000 255,000 319,000 228,000 2,000 2,000 4,000 23,000 22,000 27,000 25,000 24,000 31,000 - Madras 1904-05 1903-04 1902-03 All others 1904-05 1903-04 1902-03 ,000 ,000 Total all— 1904-05 1903-04 1902-03 Georgias, extra orders as soon as possible, to ensure early delivery. Sept. 1. Since September Great Britain. Continent. Britain. Week. 1. 7,000 2,126,000 Week. the Great Sept. — For Parties desiring the circular in quantities, with their business card printed thereon, should send in their Since Since Week. Sept. 1. Quotations Aug. 18 at Savannah. 13c; choice, 14c; fancy, 17J/£c fine, Sept. 6. 1902-03. 1903-04. [Vol. lxxxi. 43,000 761,000 804,000 134,000 1,257,000 1 391,000 128,000 1,190,000 1,318,000 ( S>4 32s Cop. ings, Twist. J (i. i'/ 21 28 Aug. 9 9 8JS (I. @9K @9% (2*9% 1904. s. «1. 4 8 8 8 4 11 ,4 8 8 14 4 7 14 Mid 32s Cop. Up's. Twist. common to finest. 4 4 s. @7 @7 @7 ©7 @7 @7 a. 4 8'A\ 5.87 \ common , (1. m»A @8 9M§8 10J4 fe8 7'A 8 8 @8 @8 1'A 1'A 5 5 »9% d. s. 5 11 5 5 9 5 Mid Up's. to finest. 8V2 5.81|8J^ 5.S0S'<k Cofn lbs. Skirt- ings, (1. a. c 5.82 9 5.91 & 7 @9J| 6-01 8 11-16@9% 8'A 8'A 8'A 8\/2 7 8% Cot'n lbs. Skirt- 7H@8 9"' d. 6.72 6.32 6.18 6.02 6.10 7'A- 6.12 FALL RIVER MILL DIVIDENDS.— In our editorial columns to-day will be found an article under the above caption covering the results for the nine months of 1905. EUROPEAN COTTON CONSUMPTION TO AUGUST 1. cable to-day we have Mr. Ellison's cotton figures brought down to August 1. We give also revised totals for — By According to the foregoing, Bombay appears to show an last year that comparison may bemade. The spinners, takincrease compared with last year in the week's receipts ings in actual bales and pounds have been as follows: Exports from all India ports record a gain of 2,000 bales. Great Britain. Oct. 1 to Aug. 1. Continent. Total. of 1,000 bales during the week and since Sept. 1 show a decrease of 587,000 bales. For 1904=05. ALEXANDRIA RECEIPTS AND SHIPMENTS OF COTTON. —-Through arrangements made with Messrs. Choremi, Benachi & Co., of Liverpool and Alexandria, we Takings by spinners bales. 3,290,000 4,827,000 8,117,000 Average weight of bales.. lbs. 508 490 497.3 Takings in pounds 1,671,320,000 2,365,230,000 4,036,550 000 now For 1903-04. bales. Takings by spinners 2,532,000 4,741,000 7,273,000 Average weight of bales. .lbs. 505 475 485.4 Takings in pounds 1,278,760,000 2,251,975,000 3,530,735,000 receive a weekly cable of the movements of cotton at Egypt. The following are the receipts and shipments for the past week and for the corresponding week of the previous two years. Alexandria, Alexandria, Egypt, 1904-05. August 16. 1903-04. 1902-03. Receipts (cantars a) This week Since Sept. This Since week. Sept. 1 Exports (bales) To To To To can tar is 241,290 5,741,607 This Since week. Sept. 1. 34S,959 79,445 2,500 359,677 53,162 1,516 208,808 146,418 1,510 328,018 405 84,130 7,000 818,982 2,500 791,590 3,431 767,374 5~,666 1,000 .- A This Since week Sept. 1 1,000 234,328 156,250 Liverpool Manchester Continent America. . Total o 500 6,461,932 6,232,295 1 137,461 98 lbs. 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. 18) 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. 18. 1903-04. This Since This Since Sept. 1. week. Sept. 1. 54.148 12,089 34,306 105 12 100,543 105 12 Total 1905. | 1904. 48,990 9,357 17.494 2,406 30 543 4,970 94 3,630 75,841 2,979 8,694 The exports for the week ending this evening reach a total bales, of which 129 bales were to Great Britain, France and to Bremen, and the amount forwarded to Northern mills has been 26 bales. Below are the exports for the week and since Sept. 1 in 1904-05 and 1903-04. Week Ending Aug. — SavannahCharleston, Florlda, &c France Britain. &c. Great 18. 10.276 "i29 "125 "254 Total. 4.466 129 125 1904. 254 14,742 20 316 14J85 3".124 17",909 26 1. 31,437 1,547 26,948 4,163 667 30,187 7,610 37,797 26 59.932 24.411 7,132 31.543 325 35.645 A considerable portion of the Sea Island cotton shipped to foreign ports goes via New York, and some small amounts via Boston and Philadelphia. Instead of including this cotton for the week in which it leaves the Southern outports, we follow the same plan as in our regular table of including it when actually exported from New York, &c. The details of the shipments of Sea Island cotton for the week will be found under the head "Shipping News" on a subsequent page. Great Britain Continent. Spinners' stock October 1__ Takings to August 1 57 3,343 315 4,730 Supply Consumption, 43 weeks.. 3,400 3,044 Spinners' stock August 1. 1903-04. Great ContiBritain nent. I Total. Total. 372 40 446 486 8,073 2,558 4,504 7,062 5,045 4,257 8,445 7,301 2,598 2,477 4,950 4,257 7,548 6,734 356 788 1,144 121 693 814 68 UN 68 72 99 99 99 99 99 99 99 99 99 99 167 167 167 50 171 171 171 171 171 171 171 60 55 99 99 99 99 99 99 99 99 99 99 149 162 162 159 154 154 154 154 159 159 71' 72 72 72 72 72 63 63 55 55 55 60 60 NEW SEA ISLAND COTTON AT SAVANNAH.— Our Northern Mills. Week. Sept. 1904-05. 1. correspondent at Savannah writes us that thus far two bales of the new crop of Sea Island cotton have been received The first was shipped by C. A. Williams, Alachua, there. It weighed 409 lbs., graded fancy lj^-in. staple and Fla. The second, shipped by J. N. Griffin, arrived Aug. 8th. Valdosta, Ga., weighed 375 lbs., graded fancy, 1^-in. Both bales were shipped staple, was received Aug. 14th. to John Malloch & Co., who do a strictly Sea Island business. EGYPTIAN CROP. Messrs. Choremi, Benachi & Co. of Boston and Alexandria, Egypt, write, under date of July 28, Since Total. 296 4.163 667 Philadelphia Total 1903-04... 1 France Total. Britain. &c. &c New York Since Sept. Great Aug. The foregoing shows that the weekly consumption is now 171,000 bales of 500 pounds each, against 159,000 bales of The total like weights at the corresponding time last year. spinners' stocks in Great Britain and on the Continent have decreased 78,000 bales during the month and are now 330,000 bales more than at the same date last season of 254 125 to Exports from Oct. 1 to Bales of 500 lbs. each, 000s omitted. Weekly Consumption, 000s omitted. In October In November In December In January In February In March In April In May In June In July Stock. week. According to the above, the average weight of the deliverGreat Britain is 508 pounds per bale this season, against 505 pounds during the same time last season. The Continental deliveries averaged 490 pounds, against 475 pounds last year, and for the whole of Europe the deliveries average 497.3 pounds per bale, against 485.4 pounds last season. Our dispatch also gives the full movement for this year and last year in bales of 500 pounds. ies in — as follows: The writer has just returned from a trip to the interior, and can only report that the cotton is standing exceptionally well; water is everywhere abundant, the weather continues magnificent, and any worms appearing are energetically dealt with by the farmers and the Agricultural Department. The only remaining danger is fog, for which there is not yet a prevention invented. I GOVERNMENT WEEKLY COTTON REPORT.—Mr. James Berry, Chief of the Climate and Crop Division of the United States Weather Bureau, made public on Tuesday .. . Ava. . THE CHRONICLE. 19 L905.| the telegraphic reports on the crop in the Southern states [or the week ending August 14 as follows: Cotton Improved i>y rain on upland, much Injury Worth Carolina. on lowland, shedding generally reported, rust appearing and In p] — quite injurious. South Carolina. W nut damaged cotton in places; cotton continues to shed excessively and has deteriorated generally, owing to rust, which is widely prevalent, considerable has been picked. main bolls rotGeorgia.- -Cotton continues to rust and shed rapidh ting on the stalk, black-root slowly decreasing, picking In progress In few middle counties, some oi premature complaints In and begun south opening of bolls, short crop Indicated. Cotton is being seriously damaged by rust, a great deal of Florida fruit is being lost and some cotton now open is rotting in fields, picking IS delayed. Alabama. Cotton doing well in north, but wet weather causing continued deterioration elsewhere, with rust and shedding general, other damage slight, opening slowly, little picking done, sunshine needed. Mississippi. Cotton generally deteriorating, rust, blight and much shedding prevalent, some early fruiting well, much fruiting slowly, bolls opening in south, considerable late cotton small and grnss\ Louisiana.- Cotton improved In many sections, though fruiting irregularly, generally much below average, bulk of crop grass] some rusl and shedding, Mexican weevil damaging crop in west portion, boll-worms spreading, early cotton opening. Texas.- -Cotton growing well in northeast, but badly damaged bj bollworms, growth rank in places, some being cultivated, elsewhere average condition little changed, improved in some localities and Injured bv drought in others, some damage by pests, principally boll worms, shedding considerably, bolls opening rapidly in central and southern, some prematurely; good weather for cotton picking, but pickers generally scarce. Arkansas. Cotton small, hut making good progress and fruiting better, complaint locally of shedding, rust and insects. Cotton not fruiting well, some rust and shedding. Tennessee. — , — — — 679 — I.I \ ERPOOL. By cable from Liverpool we have the following statement, of the week's sales, stocks, &0. at that port: 1 , Aug. 4. 27,000 S00 800 21,000 6,000 61,000 760,000 689,000 40,000 22,000 28. .////;/ bales. 31,000 Sales of the week., Or which exporters took 1,000 Of which speculators took 2,000 Sales American 25,000 Actual export 4,000 57,000 Forwarded Estimated Of which American 793,0110 Total stock < I Total import of the week Of which American Amount afloat.. 720,000 00,000 64,000 105,000 76,000 Aug, 11. 30,000 Aug, is. 26,000 1,000 1,000 27,000 6,000 22 ,606 v. ,000 48,000 730,000 653,000 51,000 42,000 135,000 108,000 1,000 731,000 654,000 28,000 21,000 134,000 105.000 111,000 90,000 Of which American The lone of the Liverpool market for spots and futures each day of the past week and the daily closing prices of sp.d cotton have been as follows: . . — — Oklahoma and and Indian Territories. — Cotton improved and is fruiting 12:80 P.M. Very > Spec.Acxp.' Futures. 4 P. Wed'day. Tuesday. Very Quiet. little Thursday. Friday. 5.74 5.74 5.70 5.61 5.80 3,000 5,000 3,000 5,000 3,000 4.000 300 300 200 200 200 Easy at Quiet at IS 2 pis. Quiet. Quiet at 5@6 pts. decline. Steady at Steady at Steady at Quiet at 4 pts. decline. pts. decline. pts. decline, 4di 5 pts. } 7©8 200 Steady at Quiet at decline. M. Quiet. little doing. 5.79 ! I ) Very Quiet. little doing. doing. J S:\lcs Market, \ l Mid. lipids Market opened. Monday. Saturday. Spot. Market, 7@8 I0<§ 11 pts. 6 pts. advance. 1 pts. decline. advance. Firm at Steady at pt. dec .to 12(5) 14 pts. 2 pts. adv. advance. 1 advance. boiling well. Missouri. —Cotton healthy and fruiting well. These reports are summarized by the Crop Division as follows: As in the previous week, the least favorable reports respecting cotton are received from the eastern districts, where the prevalence of rust and shedding continues. During the past week a large part of the central and eastern portions of the cotton belt has received from two to six inches of rain, which has proved injurious. In northern Alabama and in portions of Mississippi, Louisiana and Texas, cotton has improved, but in other portions of these States the crop has deteriorated. In Oklahoma and Indian Territories, Arkansas and Missouri, cotton has generally improved, although local complaints of shedding, rust and insects are • received from Arkansas. The prices of futures at Liverpool for each day are given Prices are on the basis of Uplands, Good Ordinary clause, unless otherwise stated. below. The prices are given in pence and 100th. means 5 74-100d. Total bales. NEW YORK — To Liverpool, per steamers Caronia, 35 . Georgic, 2,618 upland and 50 Sea Island Cedric, 2,515 steamer Camoens, 2,465 upland and 79 Manchester, per To Sea Island To Havre, per steamers Bordeaux, 2,087 upland and 125 La Bretagne, 1,300 Sea Island To Bremen, per steamer Barbarossa, 3,517 To Antwerp, per steamer Vaderland, 492 To Barcelona per steamer Ulriken 550 To Genoa, per steamer Prinz Oskar, 1,647 _ To Venice, per steamer Emilia, 868 ._ To Yarmouth, per steamer Prince Arthur, 145 I To Japan, per steamer Quito, 600 , NEW ORLEANS— To 5,218 2,535 3,512 3,517 492 550 1,647 868 145 600 10— Steamer Texan Liverpool— Aug. (additional), 965 —— — — — — — —— — — — — — — — — — Aug. 14 —Steamer Saxonia, 2,448 Aug. 16 — Steamers Cestrian and Cymric, 1,586 "_" To St. John — Aug. 14—Steamer Austin Calvin, 200 BALTIMORE—To Liverpool— Aug. 11—Str. Ulstermore, 3,437 To Havre —Aug. 15 — Steamer Mexican, 100 To Bremen — Aug 15 —Steamer Breslau, 1,912 PHILADELPHIA— To Liverpool— Aug. — Merion, 2,966 To Manchester — Aug. 7 — Manchester Commerce, 526.. SAN FRANCISCO—To Japan— 965 To Havre Aug- 14 Steamer Alexandrian, 8,246 8,246 To Mexico Aug. 12 Steamer Norheim, 100100 GALVESTON— To Liverpool— Aug. 12—Steamer Irada, 17,307 17,307 To Antwerp Aug. 17 Steamer Penrith Castle, 337 - .. 337 MOBILE To Liverpool Aug. 12 Steamer Castano, 1,879 1,879 PENSACOLA To Liverpool Aug. 14 Steamer Gracia, 4,947. 4,947 SAVANNAH To Bremen Aug 14 Steamer Salfordia, 8,221. 8,221 BOSTON To Liverpool Aug. 12 Steamer Sagamore, 715 .. . _ 11 «• _ Str. Str. Aug. 16—Str. SEATTLE— To Japan— Aug. 10—Steamer Siberia, 4,749 200 3,437 100 1,912 2,966 526 350 350 Minnesota, 157 157 Total. 75,483 The particulars of the foregoing shipments for the week arranged in our usual form, are as follows: Great French GerOth. Europe. Mexico, Britain, ports. many. North. South. Japan. Total. <fcc. New York 7,753 3,512 3,517 492 3,065 14.5 600 19,084 New Orl'ns 965 8,246 100 9,311 Galveston. 17,307 337 17.644 — Mobile . . Pensacola. Savannah. Boston . Baltimore. Phila'phia — 1.879 4,947 1,879 4,947 s,221 J ,949 8.221 4.749 3,437 3,492 200 100 1,912 .".,449 San Fran. 350 Seattle ... 157 3,492 350 157 Total .. 44,529 11,858 13,650 829 3,065 445 1,107 75.483 to Japan since Sept. 1 have been 319,078 bales from Pacific ports and 12,016 bales from New York. Cotton freights at New York the past week have been as follows: Sat. Mon Tues. Thurs. Fri. Wed. Liverpool c. 13 13 13 13 13 13 Manchester c. 15 15 15 15 15 15 The exports Havre Bremen .^ciuru Hamburg Antwerp Ghent, c. c. 17(0,18 IK 17<a>18 l»(a>ZU 18 18 18 18 ls(",L'U lM'/^U M, 20 18@20 Is c.2Kg)22'A21<g) 22 A2l(a,22y3 2lCa>22'A2Uo 22,^21 C/.22H c. 12 12 12(^15 12(a}15 12fo 15 12(0,15 18(a)2U 18(q,20 lH(a,2V 180 20 1 v. Ant.. c. 18 18 Reval, Indirect. c. 28 28 Reval, v. Canal. c. 32 32 Barcelona, Sept.c. 28 28 Genoa, Sept...c. 20 20 {neste c. 26 2fl Japan, v. 8uez_e. 40 40 Quotations are cents per 100 lbs. 18 18 IK 18 28 28 28 32 32 28 28 82 28 28 20 26 40 18 28 18 26 40 26 40 26 40 32 Aug. 12H 1 12H 18 14. 1 Tues. Wed. Thurs. Fri. Aug. 15 Aug. 16 Aug. 17 Aug. 18. 12H 4 12H 4 12HI 4 d. d. 12H 4 . d. on a previous page, the exports of cotton from the United States the past week have reached 75,4S3 bales. The shipments in detail, as made up from mail and telegraphic returns, are as follows: , 12. p.m. p.m. p.m. p.m. p.m. p.m. p.m p.m p.m.lp.m. p.m. p.m. • SHIPPING NEWS. — As shown Mon. Sat. Aug. Thus: 5 74 d. d. d d. August 5 74 5 70 5 64 5 62 5 53 5 Aug .-Sept.. 73 53 5 74 54 5 Sept .-Oct .. 75 Oct .-Nov .. 55 5 76 Nov .-Dec .. 56 Dec .-Jan. . 77 Jan .-Feb... Feb.-Mch.. Mch.-Apr .. Apr .-May _. d. d. d. 56 56 57 58 15 805 May -June. June-July.. rf 60 5 5l'5 59 515 69 60 d. 5 73 61 53|5 61 72 74 63 64 65 66 67 68 68 68 69 555 565 585 595 76 77 78 79 63 65 66 67 60 5 68 69 69 70 70 80 81 81 82 795 82 BREADSTUFFS. Friday, Aug. 18 1905. Only a very moderate volume of business has been transacted in the market for wheat flour. Recent sales to the trade have fairly well suppliedjbuyers' immediate wants, and they, therefore, have shown a disposition to hold back and await developments before making additional purchases of importance. Prices have shown some irregularity, but the close was steady. Rye flour has continued to meet with a fair jobbing sale and at steadyjprices. Corn meal has been in fair demand and firm. Speculation in wheat for future delivery has been on a fairly extensive scale and there has been a moderate upturn to prices. The weather reports from the spring-wheat have been less favorable, heavy rains being reported Northwest, which, if not damaging the crop, was an least retarding harvesting. European advices have cottinued to exert a bullish influence. The foreign markets have been higher and the crop indications on the Continent are for yields slightly under the average. belt in the Reflecting the strength of the foreign markets, exporters have been in the cash markets as moderate buyers of wheat. According to one authority the indications are for an exportable surplus of about 200,000,000 bushels of wheat from the crop grown in this country this season. Influenced by the recent decline in prices, farmers in the winter-wheat belt have been holding their supplies and there has been a considerable falling ofl in the crop movement, which has brought speculative short sellers into the market as buyers The spot market has been more active and To-day there was a lower market under favorable weather reports from the Northwest, and bear pressure. The spot market was lower. Moderate sales were made to to cover. firmer. exporters. DAILY CLOSING PRICES OF No. 2 red winter September delivery December delivery May f.o.b in elevator. in elevator. delivery in elevator WHEAT FUTURES Sat. Mon. 86^ &7 A 87% 86N 88 88 89** sue; l Tues. 87M 86M 88H 89M IN NEW YORK. Wed. Thurs. Fri. 88K 88Ji 87 87 Vi 87«< 86 88Ji 90!* 89H 91 K 88 89?i THE CHRONICLE. 6S0 DAILY CLOSING PRICKS WHEA1 FUTURES Ol Tves. Mori. Bat. IN CHICAGO. Wed. ThUTB. Fri. 82 82% 81% 83% 84 %_ 82% 81H 82% ,i\rZ 85% 85% 86% 86% Indian corn futures have been quiet and there has been a gradual yielding of prices. Apprehension of damage to the growing crop by hot, dry weather has been allayed, good general rains being reported during the week from the corn hij^ September delivery In elevator. 81MJ December delivery in elevator. K.i May 82% 85% 85% delivery in elevator unless early frosts are experienced. Under the favorable weather and crop reports there has been a moderate amount of bear selling of the new-crop deliveries. Owing, however, to a good, steady trade demand, limited stocks and only moderate country acceptances, the market for near-by deliveries has shown a good undertone. The spot market has held steady and moderate sales have been made to exporters. To-day there was a steadier market. The spot market was firmer; exporters were free buyers. belt, thus assuring a |large crop DAILY CLOSING PRICES OF NO. Sat. 2 MIXED CORN IN NEW YORK. Mori. 61 Tues. 61 Wed. Thurs. Fri. 59% 58% 51% 59% 51% The aggregate exports from the United States of wheat and wheat flour, expressed in bushels, for the seven months from January 1 to July 31, inclusive, have been as follows for four years. Wheat, bushels Flour, reduced to bushels 62% f.o.b. [September delivery in elevator. 60 1904. 9.323,820 33,619,423 42,081.141 47.228.985 61,574.882 60.897,400 21.203.624 42,943,243 89,310,126 102,472,282 1903. 1902. EXPORTS OF BREADSTUFFS, PROVISIONS, COTTON the month exports of these articles during for the past three and the seven months, of July, years have been as follows: 1904. 1905. 1903. Exports Irom U. S. 7 Months. July. July. 7 Months. July. Months. 7 touanlitits. Wheat -bu. 770,627 4,540,666 114,180 683.711 9,323,820 7,470,983 3,884,972 1.263,191 42,081,141 10,495.330 Wheat. bu. 2,277,739' 21,203,624 Corn .. .bu. 4,096,208! 72.242,069 3.190,879 2,080.101 42,943.243 28.051,719 9,569,331 5,155,671 89,310.126 66,766,934 Flour . 185 320, 464. !i.-.-' bbls 5,270,980 S 3,048,456 1.195,246 137 29,728 52,548 93.445,693 $ 21,525,839 39,180,131 53 2,955,859 2.549,168 6.373.947 $ 2,289,220 2.527.674 61 Mon. Tues. Wed. Thurs. 1905. 770,627 20,432,997 AND PETROLEUM.— The 206,381 103,230 Barley Sat. .. Total bushels Tot. bush. 61% 62 Values. 59% 59% Wh't&flour. 51% 51% Corn&meal. December delivery in elevator. 53% 53 Rye DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN CHICAGO. Oats&meal. Cash corn [Vol. lxxxi. 70,994.962,14.725,002 156,077,060 S % 7,943.965 73,602,948 15,630,256' 3.22o,148 36.904.355 58 994 79 133 1 298 900 454.6411 58.131 1.173,200 1,478.275! 59,322 886.368 38,986.889 Fri. 4,326,115 56.615,055 11,366,699 113,865,771 52% 53% 53% 53% Br'dstufls.. 5,126.505 66,211.050 12.247,204 17.310.462 120,370,259 112,048,586)16,172.142 115.270,321 44% 44% 44% 44% 44% Prov'nso Cotton 17.456,575:170,346,441 5.455.022 147.136.434 5,037.068! 154 536 002 44% 44% 44% Petrol.. <fcc. 6,399.762 43.062,879 7,074,094 44,881,082 6,192.968 37,525,634 45% 44% 44 May delivery in elevator Oats for future delivery at the Western market have been Tot. value 46.293,304 399 990,629 29,102,435 360 381 157 38.768,877 421,197 728 The movement of the crop has been on a liberal quiet. There scale, receipts at the primary markets being heavy. alncludlng cattle and hogs In all months ol all years has been a good demand in the cash market, both the home The movement of breadstuffs to market as indicated in the trade and exporters being free buyers but under the large statements below is prepared by us from figures collected by Locally the spot offerings prices have yielded slightly. market has been moderately active, with fair sales to ex- the New York Produce Exchange. The receipts at Western porters at slightly lower prices. To-day the market was lake and river ports for the week ending last Saturday and steady. since Aug. 1, for each of the last three years, have been: DAILY CLOSING PRICES OF OATS IN NEW YORK. September delivery in elevator. 53 December delivery in elevator. 45% 53 ! ; Sat. Mon. Tues. Wed. Thurs. 30% 33% 30% 33% Sat. Mon. Tues. Wed. Thurs. Fri. 30 30 30% 30 33 33 33% 33 DAILY CLOSING PRICES OF NO. 2 MIXED OATS IN CHICAGO. No. 2 mixed No. 2 white, clipped f.o.b. f.o.b. September delivery in elevator. 26% December delivery in elevator. 27 May 28% deli very in elevator 1 Fine Superfine Extra, No. 2 Extra, No. 1 82 60 3 05 3 20 3 30 3 50 (s*S3 @ @ @ @ @ @ Clears 4 15 Straights Patent, spring. _ 4 85 25% 26% 28% 25% 26% 28% 25% 26% 28% Fri. 26 27 26 26% 28% 28% FLOUR. 00 3 15 3 25 3 40 3 75 5 00 6 25 @$5 Patent, winter.. $4 50 City mills, patent 5 50 Rye flour, s'flne. 3 75 @ @ Receipts at- Corn. Wheal. Flour. Barley. Oats. Rye. bbls.imbs. bush. 60 lbs. bush. 56 lbs. bush. 32 lbs. bush.48lbs. bu oGlbs. Chicago 153,544 1,860,857 1,445,550 3,173.448 107,247 48,070 Milwaukee . 43,925 113,520 58,900 163,800 41,800 9, >,00 Duluth 261,312 8.200 24.530 76,580 25.789 5.417 Minneapolis. 886,730 35,080 135,340 69,830 10,460 Toledo 388,000 57,000 1,145,400 300 27,600 Detroit 35,586 58.893 108,265 6,500 Cleveland 1,542 56,741 143,325 715.775 10.660 St. Louis 902,080 45,970 514,235 521,615 14.900 Peoria 54,400 169,000 13,650 495,800 7.200 5,600 Kansas City. 1,201,900 680,000 126.000 00 5 90 4 60 Buckwheat flour Nominal. Corn meal Western, etc.. 3 10 3 15 Brandy wine 3 15 3 20 @ Tot. wk.05 Same wk. Same wk. '04 '03 Since Aug. 1905 1904 1903 273,331 302,062 390,361 5,761,126 5,702,667 3,689,758 3,186,513 2,249,872 2,052,227 6,662,023 5,856,342 3.599.680 262,166 125,780 217,578 121,647 104,156 133,962 637,098 544,369 784,743 12,602,115 11,042,172 7.689,322 6.122.651 4.652,175 3,968,365 12,973,363 620,834 298,760 417.142 222,196 191,533 341,879 1. 8,940,573' 6.515,813) GRAIN. 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 Corn, per bush c. 110% 105% f.o.b. f.o.b. f.o.b. f.o.b. 30 87% Norn. <§ 31 31%@ 34% Nominal. Nominal. c. Western mixed.. No. 2 mixed No. 2 yellow .__ No. 2 white Rye, per bush Western State and Jersey Barley Western. Feeding — 57 @ f.o.b. f.o.b. f.o.b. c. 62 62 62% 62% @ 65 60 Nominal. Nominal 44 39 @ GOVERNMENT WEEKLY GRAIN REPORT— Mr. Total receipts of flour and grain at the seaboard ports for the week ended August 12 follow: Receipts at Boston... Philadelphia Baltimore Richmond New Orleans. a Corn Wheal, Flour, — New York bush. bush. btish. 203,000 281,650 193,858 223,796 63,118 16,616 19,000 3,500 159.914 6.747 557.700 106,065 126,628 109,358 25,234 158,500 163.505 177,037 65,324 42.406 304,090 Galveston Montreal Mobile . 1.000 Rye, Barley, bush. Oats, bbls. 88,626 25,724 2/,359 39,790 2,350 17,058 bush. 3.860 119,400 27.791 975 800 '4,650 2,190 102.393 2.250 James Berry, Chief of the Climate and Crop Division of the 209,596 955,362 Total week 968.199 1.188,128 147,991 13,065 236,827 1,121.869 626,494 100,520 5,194 923,746 United States Weather Bureau, made public on Tuesday Week 1904 a Receipts do not include grain passing through New Orleans for foreign ports on the telegraphic reports on the grain crops in the various through bills ot lading. States for the week ending August 14 as follows: Total receipts at ports from January 1 to August 12 comCORN. — The reports continue to indicate an excellent outlook for corn throughout the central valleys, Lake region and Middle Atlantic States. Rain has afforded relief in the Ohio Valley, and while the crop in portions of Illinois, Missouri and Nebraska was in need of rain at the close of the week, the weather map of August 14 shows that good rains have occurred where needed in the two first-mentioned States. Early corn is now practically made in the southern portions of Kansas and Missouri SPRING WHEAT. Spring wheat has done well, only slight injury from rust being reported. Under high temperatures the crop has ripened rapidly, some of the early-sown having been harvested in North Dakota. Cutting is well advanced in central Minnesota and northern South Dakota, and is practically finished in the southern portions of these States and In Oregon spring wheat has been badly shrivin Iowa and Nebraska. eled in the Willamette Valley, where the yields are disappointing. OATS. Only a small portion of the oats crop in the extreme northern Threshing is well adyanced and all redistricts remain unhar vested. — — ports indicate satisfactory pare as follows for four years: Receipts 1904. 11,001,452 1903. 12,862,306 12,344,781 bush. 16,148,451 bush. 67,266.777 ..bush. 28,816,041 bush. 4,553,313 bush. 218,939 27,969,483 35.517,073 26,003.761 1,847,780 530,192 62,739,094 70,532,171 32,878.051 2,392,559 3,124.368 71.869.743 11,895.558 26.364,777 1,505,263 1.870.294 bush. 117.003.521 91.868,289 171,666,243 113.505,635 bbls. Wheat Corn Oats Barley Rye Total grain The exports from the ending Exports of Grain and Flour from Pacific Ports. The ex- Boston Philadelphia ports of grain and flour from Pacific ports for the week ending Baltimore New Orleans Aug. 17, as received by telegraph, have been as follows: Galveston From San Francisco to various South Pacific ports, 10,665 Montreal bbls. flour, 8,000 bushels barley, 1,400 bushels wheat and From Tacoma to Pacific ports, 6,333 200 bushels corn. bbls. flour and 33,333 bushels wheat, and from Seattle to Pacific ports, 1,028 bbls. flour and 200 bushels corn. Combining these figures 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. Oats, Barley, Corn, Wheat, Rye, Flour, Exports bush. 16.040 136.000 Mobile.. time 1904 The Julv — bbls. rom San Francisco. 61,465 Puget Sound.. 60,921 Portland bush. 2,272 bush. bush. bush. 12,075 224 18,100 77,452 745 49,826 ...172,212 Total 248.346 Total 1904 79,724 47,152 12,820 2,398 bush. 1 is 180 18,100 160,000 174 bush. 13,005 Barley, bush. Peas, 20.617 992 bush. 48 1.710 1,791 715 195,102 6.747 1,786 14,184 1,000 9~376 2.250 22,151 283.751 461.416 976.257 868,656 89,396 113.166 25.346 70.510 42,768 20,080 Week. Aug. 12. bbls. week and Indies No. Am. Colonies Other countries 1,040 8,876 since bbls. bush. J89.396 113.166 512.477 744.459 650 -cornSince Since 1905. 1.718 10.684 -Wheat- Week. Aug. 12. 178.031 11S.571 87,326 105,130 4,848 18,571 ?6,921 United Kingdom Continent 1§-3|9 20.083 Am.. Cent. and South Total Total 1904 week as below: Exports tor week and since July 1 to— West 111111 Oats, bbls. 48,259 650 8.8S9 12.837 -FlourSince July 1 Brit. 1111 224 Flour, bush. destination of these exports for the , f Corn, 407,307 124,992 137,142 103,257 131,711 - Total week Same several seaboard ports for the Wheat, — New York...- — 1902. Saturday are shown in the annexed statement: last Exports Irom yields.. 1905. 6.228,331 ol— Flour July Week 1 July 1 1905. Aug. 12. 1905. bush. bush. bush. 219,751 1.396,047 488,252 2,551.542 64,000 296,010 . 283.751 1,692,057 461,416 3,278.783 471,682 3,032,254 2.730 31.422 12,483 179.905 6.500 1.110 7.042 976,257 5,808.665 868.656 3.248,205 . Aug. 19 , Now York.. " - ---- — Galveston Montreal Toronto 79,000 188,000 49,000 80~666 134.000 161.000 53 000 Hurley bush 40,000 9.000 247',666 76.000 28,000 849,000 692,000 130.666 1,053.000 199,000 43~666 36*666 ,4G5~,666 745~666 lbs'ooo 1.000 131,000 Vf.ooo 23".666 iV.666 "44,666 1,798.000 462.000 183,000 40,000 801,000 102,000 253.000 --- 2,510,000 1,825.000 70,000 36,000 281,000 410,000 34,000 16,000 79,000 2,000 S46.000 6,000 403.000 205.OOO 36.000 52.000 55.000 664,000 51,000 2,000 473.000 176.000 2 041.000 34.000 342,000 518,000 13,899,000 13,745.000 12,558.000 12.53S.000 20,264,000 5,075.000 4,792.000 5.096,000 6.659,000 5,438.000 6,565,000 5,592,000 2.379,000 6.002.000 1,432,000 -.-afloat ii.7~.666 11,000 329,000 42,666 2,468.000 Milwaukee 1 afloat - Duluth •• afloat Minneapolis St. Louis " afloat Kansas City - Peoria Indianapolis On Mississippi On Lakes On Canal and Total Total Total Total Total River 55.000 90,000 809,000 744,000 878.000 498,000 307,000 617,000 589,000 820,000 397,000 101.000 THE DRY GOODS TRADE. New 64x60 squares, and while business in wide goods has not, been so active yet these are well sold ahead. As has been expected bleached goods have again been advanced, and it seems probable that the surplus production will not be sufficient to supply all needs. Ticks have also been advanced, and all coarse, colored goods are well Heavy brown sold ahead and are generally held at value. drills and sheetings have been marked up again in certain of 3}^e. for 28-inch Light-weight, instances and spots are increasingly scarce. sheetings continue to be inquired for but are difficult to obtain and prices are very firmly held. activity has been the men's-wear light-weight market during the week, but complaints are still heard that buying is not evenly distributed. Those lines that were popular earlire in the season continue to receive most of the attention and, equally, those that did not prove attractive to buyers are Some sellers are talking a lot about canstill neglected. cellations and predicting that worsted orders will be changed and woolens substituted. This is based on the supposition that the buying of mercerized worsteds has gone beyond all reasonable limits and that there is bound to be a reac- They further claim that many orders rightfully belonging to through-and-through fancy worsteds have gone to mercerized worsteds and that buyers have thereby poor judgment. High-grade goods which were opened around the first of August have received large orders during the week, and while the majority of these have been for worsteds, yet woolens have been by no means overIt is reported that clothiers have received a large looked. number of duplicate orders from retailers on heavy-weight goods and that these arc now ready to re-enter the market on a fairly large scale. The tendency of duplicate business is to follow the lines that were popular during the initial buying period, but it seems highly probable that buyers will find great difficulty in securing these, as most of them are quite sold up. Substantial advances over initial prices In dress goods the duplicate are everywhere looked for. fall business is disappointing, and there is as yet little doing in domestic spring goods. FOREIGN DRY GOODS.— Imported spring lines of woolen and worsted dress fabrics are being shown by men on the road, and their first reports indicate that the first spring business is much better than the first fall business was. Silks have been in moderate demand and are firm. Ribbons are reported generally to be moving slowly, but some claim that a fair business has been transacted. Good spring orders for linens have been placed, mostly at higher prices. Burlaps are firm, with advances expected. Importations and Warehouse Withdrawals of Dry Goods. The importations and warehouse withdrawals of dry goods at this port for the week ending Aug. 17 1905, and since January 1 1905, and for the corresponding periods shown York, Friday, August 18 1905. In spite of the decline that has occurred in the price of cotton during the past week, the cotton goods market has continued to gain strength, thereby fulfilling the predictions that have frequently been made of late. The number of buyers in town has largely increased and sales of goods have been on a heavy scale. For this reason the market is becoming daily shorter of supplies and something like consternation prevails among the larger buyers of goods, who realize now for the first time that they will be unable to secure all the goods that they need for their fall requirements. Wherever goods are obtainable for anything like reasonable delivery, no question is asked as to prices, and sellers are able to obtain practically anything they demand. Last week it was thought that the advance had gone far enough, but this week still higher prices have been recorded, and many believe that the limit has not yet been reached. So many looms are working upon contracts that the surplus left for sale is entirely inadequate to supply the demands of all and sellers are having hard work to keep their customers satisfied. Business at second hands has been very large of and there are indications that as soon as first-hand buyers have secured the goods that they require for fall use they will place large orders ahead to guard against a similar experience later on to that which they are now having. The market at the present time is entirely controlled by supply and demand, and sellers are masters of the situation. Export business has been of very small proportions. Further advances have taken place during the week in men's wear light-weight woolen and worsted goods and ^business continues on a heavy scale. DOMESTIC COTTON GOODS.— The Sew York to August 14. Great Britain . Other European China India Arahia West Indies.. Mexico Central America 8outh America Other Countries Total.. The value 1905 Since Week. Jan. 1. 45 840 55s 76 7,330 90,184 38 9,614 1,208 16,557 409 7,034 787 18,623 93 1,690 597 1 1,477 2,091 36,852 247 11.588 12.921 of these last year, are as follows: re 1-1 o rt- B* re pa p.— 3 o O 3 O c 205,017 — te -1 Since 8 21 636 22 139 1,523 134 2,483 Jan. 1. 745 502 54,291 4,825 12,302 7,716 12,403 1,427 8,914 33,686 13,852 1 ra I i-O 1 &)' 1 — 4- CO i-Ol © to — tO to 4-M4kH © * Cn to CO -J © —1© toooo — ot 01CDO — -J © CC CO to CO co IO Cn ©Ol 00 -J — Mice 4- ©bo ©— -uic 1-0 «© exports since January 1 has been 810,929,033, against 89,163,130 the previous year. By far the largest business during the week ha- been in staple print-, arid as far as these are concerned j< have had a very anive time. On Monday last standard lines were advanced from i^c. to J^c. by fir.-t hands, but the jobbing trade will continue to sell goods at the old prices until August 25." When this became known there was a rush to purchase before the new into effect, and nl all through the week orders have been placed on a generous co co 1— to loco I. o ° — B:o ^rc » a — m? B; CD : ' e • H , / = =- > W! 5' B 1 a £ Z Ot H *° E !" 01 M£ O? CO M 00 -J co 05 CO ocn Ot CO to 4k 4k Ot©COCO~t C". n h- 4k CO 85 co o HMMtCH ©"to"co"too © ->i>) _to ©4»to 00 CD^J CO 4k ^4Cn -100 - co OS to ot Ot to i* © O 1-1-tOiW 00 03 CO h- 4k < to to © © CO © O-IIOII h- to H co oaiscc M co '—"co©*. IC -1 4- CO© hOi h-1 Ot CO CO — Coo CO© 00 -J h- tOCO OOh-^jcn© r* ;-, CO ^| — to 4h 4k CO *©"©"— — Q 00 e to KW CO 4k h- to 4k 4k to tC to 01© r 0535 4k©OCO<I W O 4kOoiVjbt 00 01 ©"to© Ot -i:.j Ot CO Cn to© IC CCCOUCO 4--I ic to cc IfcooooVjco OcOCOCnCO y. -o — l; - ffi h- — n -14.0c© *~> <_ *• G 4- ic to to -I CO 4- CO J 00 —© 4k Ot 4k to COCO coot —© Oh01 cn 00 to © encnotoo© "00 y OW 4k HQiiW 10 CO -l"— CO CO 00 ©©-I-I©00Ot©00 tO~) ic oe 3 o n ©1© 4k to CO CO 00 cn co co co ot © c:' 'c 'y -I CO co© -1-1 1 — cn cs co -1 4h 4h © © CO 4-r. >/©'© ©co C. C. -J Ot 00 c, / OOOtCO — co- scale. ioc-. h- — ness, h-CO -J© I 00 ©© -J CO . -1 a— ©; O! IO/ 1 - 1 — iccootko — c a ©01 - 00 4k co ' 1. co co 00 "—-i CO 4. z. CO 4k Ol / IC -1 -1— V.© "o © i a 1 a © i:/.-i co C-. h- cn 1*1 c - - © c. - ^— — y ~ s - — os 4r ' ©—©© j ;u-ii h-. > IC 'd. c; / — ic CO 4k CO 3"S H — -I*. COM c: v y 4- IC C— h- Z: CBCnCnbt / - I I I CO — H - ICC ©O1O1 1 CO to — c— kiootoic Ol OOH -1 CT.h- 4. boot 4-© - •z -z -ic. co to co -J -j co 4l CO 4- tC 4. 'c'i- cooocr.oco C — / -I it c c. a c -1 'co i c ^Z C I ^; *i / l • 00 CO *— c Is — r. 4- - — CO I 1 1 — s — Ol > —— © C: — — 4. — Cn- / 3 Q 4- . £_! c 4."lO© Co'lC CO IC -ICO "•EL 4*^3 - - 04- y c w Oo h-00 —I c: © — co i«ii;/ tO Ot CD Ol ic CO ©Otoooco Ol / zt ft] ~. IC co C-14-Cnh-1 CO CO c a ft CO DC toco O h-tOtO 00 -J h- © — - d — pd hi h'- "o> bt CO © © ©oViooi E-C-Ji OtOOOCOhCO 00 --, IO 00 4k h-CO 10 4CO Oicc- CO Ci 4- 00 to h- O -11 y. ««ft --J ~!Ot © O CO -1 4- -t Cn 4* < > co hi © P3 00 K 00 -| 4- — S-Jh h- to to CO Ot 4k 00 00 hi co to ~ 1 S4 *Ot , CO-t 4- New York Ginghams also have come in for their share of busiand more of these have been sold than for a long time. Prices have been advanced about J^c. No change has taken place in the quotations of print clot but as these were advanced beyond the parity of finished goods the inherent strength of the situation is shown by the fact that prices have been maintained. There has been a heavy demand at Fall River for narrow goods on the basis 1 hi o; -J© ©CO Oil CO o 1 re -J Ot 150,463 2^235 t*r 1 -4 00 — a 1 ©co IC — ©00 Mot 1904 3 o -J to e> o re g p p ' re O.S- I §! O exports of cotton goods from this port for the week ending Aug. 14 were 12,921 packages, valued at 8617,665, their destination being to the points specified in the tables below: Africa 68! tion. River August 12 1905 Aueust 5 1905 August 13 1904 Ausust 15 1903 August 16 1902 1 : feature of the 5",666 afloat Ft. William Pt. Arthur 1 WOOLEN GOODS.— Continued 43,066 " --- - Chicaso " l"73",666 bush. 149.000 afloat Detroit " 1,000 "».«» bush. 222,000 76,000 193,000 2.000 521,000 --- Toledo " afloat •• Com. bush 79,000 500,000 BuBalo " muat. bush 1S2.000 MlOlU PhltodeSphla.. Hsltlmorc New Orleans 1 THE CHRONICLE 1905.] The visible supply of .main comprising the stocks in gvanarv at the principal points of accumulation at lake and seaboard ports. August 12 1905 was as follows: Boston — . . ic J. I. IC © y C THE CHRONICLE. 682 me State DEfAWMENT. City News Items. — — — Cleveland Newburgh, Ohio. Annexation Election. At the general election next November the question of annexing the city of Newburgh to Cleveland will be submitted to a vote. Hawaii.— Bond Sale.— It is stated that the $000,000 4% gold-refunding bonds mentioned in V. 81, p. 171, have been sold to William G. Irwin of Han Francisco and Honolulu. Bond Calls —Bond $1,000. Call. — — — — — — Series Nos. 13, 202, 916, 1024, 1057. 1335, 1393, 15dl. 1652. 1873, 22o4, 2306, 2456, 2834, 2850. 2974. 3196, 3241, 3301, 3548, 3737, 3770, 3870, 3951, 4062, 4263. 4432, 4568. 4925, 5500. 5504. 5542. 5941, 6393, 6631. 6640, 6675, 6927. 7033, 7064, 7125, 7215, 7317. 7555. 7911, 7962, 8580, 9178, 9565, 9884. Series Nos. 6734 to 10,000 were never issued. — — Snohomish County, Wash. Bond Call. W. R. Booth, County Treasurer, calls for payment Aug. 30 the following bonds. 1894. School District No. 24 bonds South Norwalk, payment Norwalk The 1 Sept. of all numbered 20 to 27 inclusive, issued April 1 1892. Conn. — Bond Call. —Call is made for 1905 at the City National Bank of South 4% gold funding bonds of this city dated 1 1893. official notice of this bond call will be found among the advertisements elsewhere in this Department. Bond Proposals and Negotiations this week bave been as follows —Bonds Authorized. —The City Council has decided to issue bonds for a water-works plant. Amasa, Mich. —Bond Sale. — An issue of $10,000 waterAlton 111. works bonds has been sold to the Iron County Bank tal — Bond of Crys- —The following bids & Co., Cincinnati. & Co., Toledo & Cummlngs. Toledo.. Cincinnati Trust Co.. Cincinnati W. J. Hayes & Sons, Cleveland. XJr<-\\rM/*«» Unv XII, M-TProvident Sav.Bk.&Tr .Co., fM« Cln. Union Sav. Bk. & Tr. Co.. Cin. Spitzer Hoehler i~*n & Co., Cleveland ..$53,537 & Co.. Cincinnati... 53,535 Denison, Prior & Co., Cleveland 53,285 Seasongood & Mayer, Cincinnati 53,280 Lamprecht Bros. & Co.. Cleve. 53.250 Sec. Savings Bank. Toledo 52.750 New First Nat. Bank, Columbus 52.750 *"*!„. A . t. f^ n m .h.t Hayden, Miller & 52*287 Co.. Cleveland Well, 53,672 53.627 53,605 53,605 53,604 C 'i COR 53.595 53,565 | I I I I Hoth <-,f t.*. \ 1 i I 1 ,. y- | — I — Belle Valley (Ohio) School District. Bond Sale. On Aug. 12 the $3,000 5% 13-year (average) bonds described in V. 81, p. 278, were awarded to the Security Savings Bank & Trust Co. of Toledo at 105 and interest. Bids were also received from the First National Bank of Barnesville, the Dresden National Bank of Dresden, S. A. Kean of Chicago and W. R. Todd & Co. of Cincinnati. Belvidere, 111.— Bond Sale. On Aug. 12 an issue of $14,000 5% paving bonds was awarded to the People's Bank of Belvidere (the only bidders) at par. Denomination $400. Date Sept. 1 1905. Interest annually on March 1. Maturity $1,600 yearly, beginning in 1907, all bonds, however, being subject to call at any time. Beresford, S. Dak. Bond Offering. Proposals will be received until Aug. 21 by H. A. Sturges, City Auditor, for $4,000 funding and $3,000 improvement 5% 5-20-year (optional) bonds. Denomination $200. Breckenridge Mo. Bond Sale. On Aug. 15 the $10,000 5% electric-light bonds described in V. 81, p. 521, were awarded to the Savings Bank of Breckenridge at 108. Securities mature yearly on July! $500 from 1910 to 1921 inclusive, and $1,000 from 1922 to 1925 inclusive. The following; bids were received: — — — — , — — Bk. Savings of & Co., Chicago. 101.50 W. R.ComptonBond & Inv.Co.101.501 John Nuveen Breckenridge. 108.00 &HavsInv.Co., St. Louis. 104 .05 104.00 Hannibal National Bank Little Exchange Bk. of Breckenridge. 101.125 Albert C. Case, New York 100.50 Noel- Young Bond & Stock Co., St. Louis 100.00 Hayes & Sons. Cleveland. 102 .75 102.00 American Sec. Corporation W. J. — — Brevard, N. C. Bonds Not Yet Sold. No sale has yet been made of the $25,000 5% street, water and sewer-improvement bonds mentioned in V. 80, p. 234, and V. 79, p. 115. — — Bridgeton, N. J. Bond Offering. Proposals will be received until 5:30 p. m. Sept. 6 by Barton F. Sharp, City Comptroller, for the $15,000 4% coupon refunding bonds mentioned in V. 81, p. 574. Denomination $500. Date Interest semi-annually at City Treasurer's Sept. 1 1905. Maturity Sept. 1 1925. Bonds are exempt from office. Accrued interest to be paid by purchaser. taxation. Bristolville (Ohio) School District. Bond Sale. On Aug. 11 the $6,000 5% school-building bonds mentioned in V. 81 p. 224, were awarded to Hayden, Miller & Co., of Cleveland Denomination $400. Interest for $6,331 25 and interest. March 1 and Sept. 1. Maturity $400 yearly on Sept. 1 from 1907 to 1921 inclusive. The following bids were received: W. J. Hayes & Sons, Cleve.. .$6,216 00 Hayden. Miller & Co., Cleve. .$6,331 25 Lamprecht Bros. & Co., Cleve 6,216 00 Denison Prior & Co., Cleveland — — I Falls. — — — Arcadia, Fla. Bonds Not Sold. Bond Offering No sale has yet been made of the $13,000 water, $12,000 school and $5,000 street 5% 20-30-year (optional) bonds offered successively on June 15, on July 20 and on Aug. 10. These bonds are now being offered for sale, bids to be opened on Authority for issue election held April 6 1905. Sept. 1. See V. 80, p. 2356, for details of issue. Arizona. Bond Offering. Proposals will be received until 2 p. m. Sept. 15 by E. E. Kirkland, Territorial Treasurer, at the office of Loan Commission in Phoenix, for $25,000 4% territorial-funding bonds or so many as may be necessary to redeem $25,000 bonds of Pima County, Ariz. Denomination $1,000. Interest semi-annually at Guaranty Trust Co., New York City. Maturity fifty years, subject to call Certified check for 5% of amount of bid after 20 years. — required. Bids. F. L. Fuller Browne-Ellinwood Co.. Chicago. 104.00 County funding bonds numbered 30 to 48 inclusive, series "A," issued Feb. 1 1892. County funding bonds numbered 1 to 35 inclusive, series No. "2," issued Mar. 1 Sept. Ohio. . — — Belief ontaine, were received on Aug. 8 for the $50,000 5% 10-30-year (optional) coupon electric-light bonds, the highest of which, as stated last week, was that of W. R. Todd & Co. of Cin- R. Kleybolte East Liverpool, Ohio. Bond Call. Call is made for payment Sept. 2 at the Chase National Bank of New York City of $62,000 5% refunding bonds dated Sept. 1 1890, maturing Sept. 1 1920, but subject to call after Sept. 1 1905. El Paso, Tex. Bond Call. This city has called for payment $30,000 school bonds, series of 1890, and $4,000 redemption bonds. Erie, Pa. Bond Call. The City Comptroller is calling for payment Sept. 1 $26,000 bonds of the issue of March 1 1889, bearing 373 to 394 inclusive. Hamilton County (P. O. Cincinnati), Ohio. Bond Call. Call is made for payment Aug. 20 at the office of the County Treasurer of $10,000 real-estate-record bonds dated Aug. 20 1885, due Aug. 20 1915, subject to call after Aug. 20 1905. New Orleans, La. Premium Bonds Drawn. The following premium bonds of the City of New Orleans were drawn by lot on July 31 1905 (for payment Jan. 15 1906), this being the one hundredth and nineteenth allotment: — Supervisor. cinnati. It. Todd & Co., Cincinnati. .$54, 130 P. S. Brlggs &Co.. Cincinnati.. 53,710 — Geo. — — Bedford (Town), N. Y. —Bonds Authorized. The issuance 4% coupon road-improvement bonds has been authorized. Denomination $1,000. Date Jan. 1906. Interest semi-annually at the Mt. Kisco National Bank. Maturity $1,000 yearly 1914 to 1934 inclusive, $59,000 in 1935. Present bonded debt of town $10,134. Assessed valuation $3,347,000. Isaac \V. Turner, P. O. Mt. Kisco, is Town of $80,000 W. and Redemptions. Vorwald, City Clerk, calls for payment Jan. 1 1900 $15,000 water bonds and $8,000 funding bonds issued Sept. 3 1895. Denomination of bonds Columbus, Ind. [Vol liiii — — — and Boston S. A. Kean, Chicago Kinsman Nat. Bk.. Kinsman. 6,271 60 6,240 00 6.235 00 Broken Arrow, Ind. Ter. made Security Savings Bank Trust Co., Toledo W. R. Todd & Co., Cin —Bonds of the $7,500 offered on July 25. yet been | | 5% — and 6,097 50 6,000 00 Not Sold. No sale has 5-15-year (optional) school bonds Brookhaven, Miss. — Bond Offering. Proposals will be received until Sept. 5 by R. D. Lanier, Mayor, for $10,500 43^2% refunding-school bonds. Denomination $100. Date Interest annual. Maturity $100 yearly on Sept. 1 1905. Sept. 1 from 1906 to 1924 inclusive and $8,600 on Sept. 1 Certified check for 10% of bid required. 1925. Brooklyn Heights, Ohio. Bond Sale. On Aug. 15 the $7,000 5% highway-improvement bonds described in V. 81, p. 521, were awarded to Seasongood & Mayer, Cincinnati, Securities mature part yearlv at 103.014 and interest. from 1906 to 1915 inclusive. — — Ashland, Pa. Bonds Voted. This borough on Aug. 10 Buckland School District, Ohio.—Bond Sale.— The $4,800 of 591 to 111 authorized the issuance of $12,000 school-building bonds offered on July 27 were awarded 5% water bonds at not exceeding 4% interest. Securities to W. J. Hayes & Sons, Cleveland, for $5,252. Athens, Tex. Bonds Defeated. This place on Aug. 9 mature $150 on April 1 and on Oct. 1 of each year from 1910 by a vote of 43 for to 130 against defeated a proposition to to 1925 inclusive. See V. 81. p. 224, for decsription of bonds. issue water-works bonds. Bond Offering. Proposals will be received Buffalo, N. Y. Aurora, St. Louis County, Minn. Bonds Not Sold. No until 12 m. Aug. 26 by Frank T. Gilbert, 'City Comptroller, sale has yet been made of the $8,500 6% 1-17-year (serial) for the following bonds: improvement bonds described in V. 81, p. 44. S150.000 00 3%% 1-30-year (serial) registered (non-taxable refunding City and County Hall bonds. 1-30-year (serial) registered water bonds. Barnesville, Clay County, Minn. Bond Sale. On Aug. 5 500 000 00 3}4% 5-year registered tax-loan bonds. 292 133 48 3>^% the $40,000 4^2% 30-year water-works bonds described in 46^042 18 3M% 20-year registered grade-crossing bonds. V. 81, p. 520, were awarded to Edwin C. Benedict of New Interest semi-annually Securities are dated Sept. 1 1905. York City. at the office of the City Comptroller or at the Gallatin NaBartlesville, Ind. Ter. Bonds Voted. This town on Aug. tional Bank in New York City. 8 by a vote of 250 to 11 authorized the issuance of $17,000 Separate bids to be made for each issue. Certified check 5% 20-year sewer-extension bonds. for 2% of the amount of bonds bid for, payable to Frank T. by a vote — — — — — — — — — — ——— —— — ———— — . Aug. drawn without conditions, re- — Burlington (Wis.) School District. Bond Sale. On the July 29 S10,000 4% refunding bonds were awarded Hank of Burlington at par. Denomination 1500. Interest .Maturity 1907 to 1910 inclusive. annually on Feb. 1. Bids of par were also received from Henry Schwartz and from S. A. Kean of Chicago. m — Cambridge, Ohio. Bond Sale. On Aug. the S .">00 4% 20-year water bonds, described in V. 81 p. 278, were awarded to the (\Mitral Trusl A: Safe Deposit Co. for $4,533 75 and Following arc the bids: interest. 1 1 1 , A IT. S:>fc & Prov. Sav. Bk. ngood A Deposit Co. $4, 533 75 Cln. -1.530 50 [*. Co.. Mayer, Ctacta.. 4,51000 I l P. s. Brtggs <S -'< Co., Cincinnati. $4,508 s a. Kean, Chicago 1, I L2 4% bridge bonds were awarded to Geo. A. DuToit Date Aug. 12 1905. Denomination $500. Interest Maturity $1,000 Aug. 12 1907 and $l,ooo Aug 12 annual. 190S. Camilla, Ga. Bond Election. An election will be held it. 11 fco vote on the question of issuing $3,000 water and $3,000 town-hall bonds. Cape May, N. J. Bond* Proposed. It is stated that an ordinance is being considered providing for the issuance of $72,000 sow, r bonds. — — — An Carrick, Alleghany County, Pa. Bond Election. election will be held Sept. 16 to vote on the question of is- suing $125,000 sewer bonds. Castana, Iowa. Date of Bond Election. Aug. 28 has been fixed upon as the date on which the question of issuing $2,500 pumping station bonds will be submitted to a vote. Ceylon (Martin County), Minn. Bond Offering. Proposals will be received until 7 p. m. Sept. 5 by H. P. Andrews, Village Recorder, for $3,900 0% coupon waterworks bonds. Denomination $500, except one bond for Date Sept. 5 1905. Interest semi-annually in Cey$400. lon. Maturity Sept. 5 1915. No bonded debt at present. Assessed valuation $84,727. Authority for issue Section Bonds are exempt from all taxes. 1235, Laws of 1894. Successful bidder furnishes blank bonds. Chillicothe (111.) School District. Bonds not to be Issiced at Present. We are informed that the $10,000 5% 1-10-year (serial) building bonds voted at the election June 15 1905 will not be ready for sale for two or three months. Clear Creek Township, Henderson County, N. C. Bonds Voted. An issue of $8,000 interurban-electric-railway-aid bonds was authorized at an election held Aug. 8. Cleveland Heights, Ohio. Bond Offering. Proposals will be received until 12 m. Aug. 29 by W. G. Phare, Village Clerk (P. O. Fairmount), for the following bonds: — — — — — $21,858 coupon Euclid Heights 4H% cept one bond for „$S5S. Boulevard bonds. Denomination S1.000. ex. ->arly Qrt. 1 as follows: $1.858 in _ Maturity yearly_on 1906. $2,000 in 1907. $2,000 in 1908. $2,000 In 1909, $3,000 in 1910. $2,000 "" in 1911, __, $2,000 in 191 2, '$2. 000 in l<5l37$2.00O in 1914 and $3,000 i'n 1915. coupon Euclid Heights Boulevard-improvement bonds. Denomination one bond for $1,000 and one bond for $446. Maturity S440 on Oct. 1 1911 and $1,000 on Oct. 1 1915. i ; . 1,446 4H% Bonds to be dated the day of sale. Interest April 1 and at Village Treasurer's office. Certified check for 10% of amount of bonds bid for, payable to the Treasurer of the Village, required. Accrued interest to be paid by purchaser. Bonded debt, including this issue, $280,834, of which $50,000 is for water, $223,562 for special assessments and $7,272 for other general purposes. Assessed valuation 1904 $2,179,665. Oct. 1 — Clinton, Minn. Bond Offering. Proposals will be received until 8 p. m. Aug. 26 by the Village Council at the office of J. L. Erickson, President, for $6,000 5% waterworks bonds. Denomination $1,000. Interest semi-annual. Maturity twenty years. Authority special election he'd June 6 1905. F. W. Watkins, Recorder. Cloquet (Minn.) School District No. 7.— Bonds Not Sold.— No sale has yet been made of the $3,500 school bond- which this district has been offering. Cloverdale, Sonoma County, Cal Bonds Voted.-—The election July 25 resulted in favor of the proposition to issue $12,000 water and $18,000 sewer bonds, the vote being 55 for to 14 againsl Clover Township (P. O. Hinckley;, Pine County, Minn. Bom! Sale.—On Aug. 5 the $8,000 road bondmed in V. 81, p. 278, were awarded to C. A. Boah & iVinona at par for (j per cents. Denomination $1,000. Date Aug. 5 1905. Interest annual. .Maturity Aug. 5 1920. Clyde, Ohio. Bond Offering. Proposals will be received until 12. m. Aug. 26 by the Corporation Clerk for $6,101 50 coupon Amanda Street assesan* n1 bonds and coupon Amanda Street improvement bonds, "villaj ." Denomination $610 1"> and $31 20 ri Date July 15 1005. Interest annually on July 15 at the Chase National Bank of New York City. Maturity one bond of each issue yearly on July L5 from 1906 to L915 in- 5% ' 5% 1 Certified check for I clusive. some bank in Clyde luired. Accrued in1 Sepbe paid by purchaser. •'id- to be made for each issue. Coahoma Co. (P. O. Clarksdalei, Miss. Bond Sal It is ted in local reports that the $100,000 25-year high bridge bonds recently authorized by th< Board of County Commissioners were awarded on Aug. 7 to Mason, Lewis & of Chicago at 102.50 for 4^[per cents. „„•. ,-. ! 1 • • <i8:* — Coal Township, Perry County, Ohio. Bond Sale. On Aug. 14 the $19,000 6% road bonds, described in V. ,S1, p. 574, were awarded to Seasongood & Mayer of Cincinnati for Following are the bids: $21,060 and interest. Siwsotmood A M-iyor. Cln... $2 1.900 Lampreobt Hros. &Co..Clev. 21,666 \ 21,327 Kean Chicago B P, s. Brlmcs A Co.. Cinrln... 21.095 Prnlsnn l'rior & Co., Clcvc. 21.027 and Boston 00 90 50 00 50 Cincinnati Tt. CO., Cincinnati 20.1KSO 00 W. J. Hayes * Sons. Clcvc. $20,947 Well. Kotfi iV- Co., Cliiclnimtl 20,902 V. L. Fuller .t Co., Cleveland 20,900 Sec. Sav.Hk.cv. Tr. Co., Toledo 20.5:17 Iloehlcr <fc Cu minings, Tol__ 20.457 Spltzer & Co., Toledo 20,400 Albert Kleybolto & Co., Cln. 20.360 00 00 00 50 00 00 00 — Columbia, Mo. Bonds Voted. This city on Aug. 8 authorized the issuance of $10,000 5-20-year (optional) water and light and $10,000 5-15-year (optional) sewer bonds. The vote on the water and light question was 345 to 149 and Date of sale not yet determined. on the sewer 336 to 100. Conway Springs School Am Camden Township, Minn. -Bond Sale- On $2,000 at par. — —— — THE CHRONICLE. 10 1905. Gilbert, City Comptroller, :ind quired. (Vi>tr:»l —— ——— — — — — District No. 164, Sumner County, are advised that the $7,300 coupon building bonds offered on July 15 have been awarded See V. 81, p. 170, for to E. H. MiddlekaufV of Wichita. description of bonds. Kan.— -Bond Sale.— We 5% Corte Madera (Cal.) Sanitary District No. 2. Bond OfferIt is stated that proposals will be received until Sept. 16 ing. for $10,000 bonds of this district. — Cottonwood County (P. O. Windom), Minn. Bonds ReWo are informed that the sale of the $13,000 awarded. 10-year ditch bonds awarded on April 25 to the Union Investment Co. of Minneapolis was never consummated, and that the bonds have been re-awarded to the American Securities Corporation of Grand Rapids at par for 5 per cents. Danville, Va. Bonds Xot Vet Sold. We are advised that no sale has yet been made of the $50,000 4% 30-year street-improvement bonds voted at the election held June 20. These bonds will be ready for issuance Sept. 1 1905. See V. 81, p. 170. Decatur (111.) School District. No Bonds to be Issued. We are informed that no bonds will be issued to build the new $60,000 school-house mentioned in V. 81, p. 279, but that a tax will be levied to provide means to erect the same. Delavan (Wis.) School District. Bond Sale. This district on Aug. 1 sold an issue of $45,000 school bonds. Delaware, Ohio.—Bonds Authorized. The City Council has decided to issue $30,000 street-paving bonds. Dickinson, N. Dak. Bonds Voted. The election Aug. 9 resulted in a vote of 204 to 121 in favor of the.proposition to issue $23,000 5% water-works bonds. East Chester School District No. 3 (P. O. Bronxville), N. Y.—Bond Sale.— On Aug. 3 $25,000 4% school-house bonds were awarded to the Home Savings Bank of White Plains at 103.38 and interest. Denomination $1,000. Date July 15 1905. Interest semi-annual. Maturity $1,000 yearly from 1909 to 1913 inclusive and $2,000 yearly from 1914 to 1923 inclusive. Eaton, Ohio. Bond Offering. Proposals will be received until 2 p. m. Sept. 11 by C. F. Ressler, Village Clerk, for Authority Section 2835, Revised $5,700 6% library bonds. Statutes of Ohio. Denomination $570. Date Sept. 15 Interest semi-annually at Village Treasurer's office. 1905. Maturity $570 yearly from Sept. 15 1906 to Sept. 15 1915. Certified check, payable to Treasurer of village, for 5% of amount of bonds bid for required. Accrued interest to be paid by purchaser. Bonded debt at present $3,500. Assessed valuation $1,900,000. Edgar School District No. 12, Clay County, Neb. Bond Sale.— On Aug. 11 the $21,000 bonds described in V. 81, p. 574, were awarded to the Bankers Reserve Life Insurance Co. of Omaha for $21,375. Bids were also received from W. J. Hayes & Sons of Cleveland and from the Lincoln Safe Deposit & Trust Co. of Lincoln. Bonds mature on July 1, $5,000 in the years 1910, 1915 and 1920 and $6,000 in 1925. — — — — — — . — 4^% — Elmwood Place, Ohio. Bond Offering. Proposals will be received until 12 m. Sept. 6 by H. G. Schaefer, Village Clerk, at the office of Scott Bonham, Solicitor of Elmwood Place, 1-6-year No. 519 Main Street, Cincinnati, for $1,500 (serial) water bonds of $250 each. Date Aug. 15 1905. Interest annual. Accrued interest to be paid by purchaser. Certified check for of the amount of bonds bid for, payable to the Clerk of the village, required. 5% 5% — El Paso, Tex. Bond Sale. The following bids were received on Aug. 20-40-year (optional) for $50,000 school-building bonds dated April 1905. Adams, Phillips Co., Los ,\n.?.">l,102 00 W.J. Have- S Sons. Cleve— $52,900 00 5% 1 1 Seasongood A Mayer, Clncln. 53,583 25 N. W. Harris & Co., ulcaco 53 Union 8ay.Bk.ATr.C0 280 00 R. teymour A Co., N< w ork .v., 250 00 T, s. Johnston, Austin . 52,905 i' 11 ( <> i 0., Cincinnati 62,725 00 ..500 00 C0..1 ini Innatl 1. B. Oldham Trusl Co. city Lc 1.500 00 WeU. Roth a. Todd ..\ . I I : "" '."' 1 Unesy r. — Everett, Mass Following are the bids received Bide. ridAug. 10 for the $25,000 49{ L-25-yeai (serial ing bonds, awarded, as tated la 1 week, to X. W. Harris & of Boston: . \'. W. Harris A- Co Bo Co Boston B.C. Stanwood 4 Co.. B Estabrook R. II. <v 104.370 . Merrill. Rollins d Sons, Boston ,v Co., Boston 04.17 104.156 R. 104.145 \\ I., i < o., \ . ' •> - ' Co.. v . I BO ion.. 104 07 ' ' K»n !!-",. i. Waki- Bros. Lawrence Barnum Oldt B 1 i . I Boston... ...103.295 i Fairview, Mich. Bond Election.- Thi que tion ol issuing $26,000 water-works-extension bonds will be submitted to a vote at an election to be held Auk- THE CHRONICLE 684 4% Fall River, Mass.— Bond Sale.— On Aug. 17 $50,000 registered municipal loan bonds were awarded to Wm. A. Read & Co. of New York City at 104.21— a basis of about Bonds wen issued $27,000 for highways, $3,000 for Wl%- paving, $10,000 for street-awards and $10,000 for contingent Date Aug. 1 1905. Inpurposes. Denomination % 1,000. Maturity Aug. 1 1915. The terest semi-annually by check. following bids were received: 10.3.65 E. H. Gay 4 Co., Boston Wm. A. Road & Co ,.New York. 104.21 103.599 104.05 a. L. Day .V Co., Muslim Blake Bros. & Co., Boston Ho.stoni03.5N a Co., Merrett Blodget, Merrill, Oldham & Co., Boston .103.919 Adams & C. H. Rollins* Sons, Boston.. .103.910 103.91 Ertabrook <fc Co., Boston 10.3.811 Jackson & Curtis. Huston Oeo.A.Fernald A Co., Boston. .103.786 Boston Co., 10.3.52 E. C. Stanwood & Co.. Boston. 10.3.513 103.21 Kountzc Bros., .New York — — Proposals will be reFindlay, Ohio. Bond Offering. ceived until 12 m. Aug. 28 by W. Demland, City Auditor, Denomifor $2,000 5% Hurd Avenue improvement bonds. Date June 1 1905. Interest semi-annual. nation $500. Maturity $500 yearly on June 1 from 1907 to 1910 inclusive. Accrued interest to be paid by purchaser. Certified check for 3% of the bonds bid for, payable to the City Treasurer, This offering is in addition to the $14,000 issue required. to be sold on the same day, the details of which were given in V. 81, p. 575. Proposals will be reFranklin, Tenn. Bond Offering. ceived until 12 m. Sept. 2 by H. P. Fowlkes, City Recorder, coupon water-works bonds. Authority Chapfor $65,000 ter 270, Laws of 1903, as amended by Chapter 48, Laws of 1905; also Chapter 318 Laws of 1905. Elections voting these bonds were held May 14 1904 and May 31 1905. Bids are asked for bonds bearing 4%, 4}4% or 5% interest. Denomination $1,000. Date^July 1 1905. Interest semi-annually Maturity 30 years, subject to call at City Treasurer's office. Certified check, payable to City Recorder, after 20 years. The city has no bonded or floating for $2,000 required. debt at present. Assessed value of taxable property $1,094,The official circular states 744; real value about $1,500,000. that no default or compromise has ever been made by the $12,000 ["Vol. 4H% Roes Avenue bonds. Denomination $000. Maturity $600 each months from March 15 1907 to Sept. 1916 inclusive. 4H% Central Avenue bonds. Denomination $450. Maturity $900 each six months from March 15 1907 to Sept. 15 1916 Inclusive. -nomination $400 Maturity $400 4H% North Thlr<: Strict each six months from March 15 1907 to Sept. 15 1916 Inclusive. Maturity $600 each 4^% From Denomination S600. Six month! from March 15 1907 to Sept. 15 1916 inclusive. Maturity ast hil'Ij $1,500 mde. Denomination $500. 4H% each six months from March 15 1907 to Sept. 15 1916 Inclusive. Buckt Denomination $300. Maturity $300 each 4K% six inclusive. six 18,000 8,000 12,000 „ .30,000 6.000 lxxxi. 1 •"> i i months from March 15 1907 to Sept. 16 1916 Court street bonds. Denomination $350. Maturity $350 each months from March 15 1007 to Sept. 15 1916 inclusive. 28,000 4M% Heaton 8tn Denomination S700. Maturity $1,400 each Six months from Man h 15 15 191 .inclusive. 6,000 4^% Ludlow street bonds. Denomination $300. Maturity $300 each six months from March 15 1907 to Sept. 15 1916 inclusive. 7,000 4'A% six I I Bonds are dated July 1 1905. Interest semi-annually at office of City Treasurer. of bonds Certified check for bid for, payable to the City Auditor, required. Accrued interest to be paid by purchaser. 5% — — Hancock, Mich. Bonds not to be Issued at Present. No arrangements have yet been made for the issuance of the $18,000 park bonds voted at the election held July 10 1905. We are informed that it will probably be some time before these bonds will be issued. Haverhill, Mass.—Bond Sale.—On Aug. 14 the $35,000 4% school-house bonds described in V. 81, p. 629, were awarded to Blake Bros. & Co. of Boston at 101.90 a basis of about 3.60 %. Following are the bids: 101.90 101.52 Blake Bros. & Co., Boston Adams & Co., Boston Estabrook & Co., Boston 101.51 Blodget. Merrltt & Co., Boston. 101. 788 101.435 Harvey Flsk &Sons, New York. 101.759 Jose, Parker & Co.,i Boston Lawrence Barnum & Co., Bostonl01.42 F.. H. Rollins & Sons, Boston 101.596 101.36 W. J. Hayes & Sons, Boston Geo.A.Fernald&Co., Boston.. 10 1.596 101.303 101.59 N. W.Harris &Co., Boston R. L. Day & Co., Boston Jackson & Curtis, Boston .101.56 Hempstead School District No. 1, N. Y. Bond Sale. On July 31 an issue of $6,000 school bonds were awarded to the Hempstead Bank of Hempstead at par for 3.95% interest. Denomination $2,000. Interest Feb. 1 and Aug. 1. Maturity from 1909 to 1911. Hendersonville Township, Henderson County, N. 0. Bonds Voted. This township on Aug. 8 voted to issue city. $15,000 bonds in aid of the interurban electric railway. Gadsden, Ala.—Bond Offering. Proposals will be reHoboken, N. J. Bond Offering. Proposals will be received until 12 m. Sept. 15 by C. D. Clarke, City Clerk, for ceived until 8 p. m. Aug. 23 by theJMayor and City Council, the $100,000 water-works, the $30,000 sewerage and the care of James H. Londrigan, City Clerk, for $10,000 4% cou$20,000 street-paving 5% 30-year bonds voted at the elec- pon or registered park bonds. Denomination $100. Maturity tion held on July 24. Certified check for $500 10 years. Interest semi-annual. Bond Election. The City Council has required. These bonds were offered but not sold on July 26. Gainesville, Fla. decidefi t° hold an election to vote on the question of issuing Holyoke, Mass. Bonds Authorized .—The Board of Alder$50,000 sewer, $50,000 electric-light and $10,000 streetmen has passed orders providing for the issuance of the improvement bonds. school and $30,000 lighting-plant bonds mentioned $75,000 Bonds Voted. This Gainesville, (Fla.) School District. in V. 81, p. 629. district has voted to issue $50,000 bonds for educational Hoosick Falls, N. Y. Bond Offering. Proposals will be purposes. Further details are at received until 12 m. Aug. 23 by E. A. Doyle, Village Clerk, Galesburg, 111. Bond Offering. hand relative to the offering on Aug. 21 of $70,000 4% build- for $25,000 building bonds at not exceeding 4% interest. Proposals will be received on that date until Authority, Sections 128 and 129 of Chapter 414, Laws of ing bonds. Denomina- 1897, as amended. Denomination $1,000. Date Oct. 1 1905. 12 m. by the Mayor and Finance Committee. Date Aug. 1 1905. Interest semi-annually at Interest semi-annually at People's National Bank, Hoosick tion $1,000. Maturity $17,000 on Falls. Maturity $1,000 yearly on Oct. 1 from 1906 to 1930 the First National Bank, Chicago. Aug. 1 1910, $18,000 on Aug. 1 1915, $17,000 on Aug. 1 inclusive. Bonds are exempt from taxation. Certified No Certified check for $500, check for 2%, payable to Village Treasurer, required. 1920, $18,000 on Aug. 1 1925. valuation present. Assessed $2,035,580. at debt payable to City of Galesburg, required. Rov Hopcraft is City Clerk. Hope Township, Kan. Bond Sale. This township some Gettysburg, Pa. Bond Offering. Proposals will be re- weeks ago sold an issue of $12,000 43^% refunding bonds to Denomination $500. Date ceived until 7 p. m. Aug. 31 by A. B. Plank, President of Kelly & Kelly of Topeka. Maturity July 1 1917, Interest semi-annual. 1 1905. July Council, for $30,000 4% 1-30-year (serial) sewer and $3,000 3.90% 1-30-year (serial) redemption bonds. Denomina- subject to call $2,500 yearly. tion of sewer bonds $500 and of redemption bonds $100. Houston, Miss. Bond Offering. Proposals will be reInterest semi-annually at office of Borough Treasurer. ceived until 12 m. Sept. 1 by J. M. Griffin, Town Clerk, for Bonded debt, including these issues, $33,000. Assessed val- $13,500 5% coupon water and light bonds. Authority, uation $1,187,529. Bonds are exempt from taxation. Mississippi Code, 1892, Chapter 93, Sections 3014-3016. Bonds Voted. This city on Aug. 7 voted to Denomination $500. Date Sept. 1 1905. Interest annually Gilroy, Cal. Maturity Sept. 1 1925, subject issue $51,000 bonds for sewers, water, electric lights, and to at Town Treasurer's office. 1910. 1 Bonded debt, including this issue, after Sept. call to complete the City Hall. Assessed valuation 1904 $247,000. $19,900. Grand Rapids (Mich.) School District. Bond Sale. On Ida, Raisin ville and Dundee Fractional School District Aug. 11 $32,000 4% coupon school bonds were awarded to On July 31 No. 7, Monroe County, Mich.—Bond Sale. Blake Bros. & Co., New York City, at 100.11 and interest Denomination $1,000. Date July 1 1905. Interest semi- $8,000 5% building bond? were awarded to W. E. Moss & Co. Denomination $100. Interest anof Detroit at 103.125. annual. Maturity $16,000 July 1 1907 and July 1 1908. Maturity yearly on March 1 as follows: March 1. on nually Greensburg, Ind. Bonds Authorized. The City Council in 1907, $800 in 1908, $1,000 in 1909, in 1910 and in has authorized the issuance of $6,000 4% 3-5-year (serial) $700 $1,100 in 1912, $1,200 in 1913 and in 1914. 1911; bonds. Kan. Bonds Voted and Sold. This city Independence, Greenville, S. C. Bond Sale. On Aug. 15 the following issue $100,000 5% water-works bonds. voted to week last received for the $125,000 bids were 30-year coupon already been sold at par to H. C. Speer & have bonds These bonds described in V. 81, p. 225: Mercant.Tr. &pep.Co.,Balt.S128,850 00 TJn. Sav. Bk. & Tr. Co.,Cin.$ 126,375 00 Co. of Chicago, under contract entered into June 23 1905. Weil, Roth & Co., Cincin... 127,800 00 8F. L. Fuller & Co.. Cleve .. 126,250 00 Denomination $500. Date Aug. 15 1905. Interest semiO'Connor & Kahler, N. Y.. 127.712 50 Prov. Sav. Bk. & Trust Co., Maturity $10,000 yearly on Townsend Scott & Sons, Cincinnati 126,150 00 annually in New York City. 126,637 50 Baltimore W. J. Hayes & Sons, Boston 125,019 00 W. R. Todd & Co., Cincin.. 126.465 00 Seasongood & Mayer, Cin. 122,800 00 Aug. 15 from 1916 to 1925 inclusive. Jackson, Tenn. Bond Offering. Proposals will be reHailey (Idaho) School District No. 7.— Bond Sale. The $5,000 1-10-year (serial) school bonds described in V. 81, ceived until 12 m. Sept. 1 by the Mayor and Finance Committee for $22,000 4% first mortgage water-works refunding p. 575, have been sold to the State Land Board of Idaho. Date July 1 1905. Interest semi-annually at Jackbonds. Hamilton, Ohio. Bonds Refused. The $7,000 4>£ 30 years, redeemable after 15 years. Maturity son. 10-year sewer bonds awarded on July 1 to the Second National Bank of Hamilton (see V. 81, p. 171) have been reJohnstown, N. Y. Bond Offering. Proposals will be refused by that institution on the ground that the city could ceived until 10 a. m. Sept. 1 by Joseph A. Colin, City Chamnot legally issue 10-year bonds as advertised, but only 1-10- berlain, for $11,000 5% coupon Briggs Street sewer-conDenomination $1,000. Date Sept. 1 1905. year serials. struction bonds. Bond Offering. Proposals will be received until 12 m., Interest semi-annual. Maturity $1,000 yearly on Sept. 1 Aug. 28 by Thad. Straub, City Auditor, for the following from 1906 to 1916 inclusive. Accrued interest to be paid coupon bonds, aggergating $127,000: by purchaser. — — — — — I — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 4^% | — — — — — % — — — — Aug. THE CHRONICLE. 19 1905.1 — Bond Sale. It is stated Kalida (Ohio*! School District. rimol bonds was recently an issue of S12,00() awarded to W. J. Bayes £ Sons of Cleveland a1 LOS. 33 L-3. Kansas City, Kan. Bonds Authorized.— The issuance of $75,000 funding-judgment bonda lias been authorized. Kansas City (Kan.> School District. Bond Sale. An 15-year school bonds was recently Bold issue of $40,000 IVnoii mato John Nuveen & Co. of Chicago at 102.70. Date Sept. tion SI, 000. 1905. [nteresl January and 1020. Maturity Sept. July. Proposals will be received Kenton, Ohio. BondOffering. until 12 in. Sept. 5 by John V. Thompson, City Auditor, for the following bonds: that — — — I •_>' ' , I $5,200 — coupon Franklin Street Improvement bonds. Maturity AUE. 1 1915. codI one bond for $200. Denomination 4'";- ll.iiiin, ex- Denomination $1,000. Maturity Aus. 1 1915. 9,000 i% eounon retundlng bonds. Denomination SI. 000. Maturltj Vug. l 1920. L-j All of the above bonds arc dated Aug. 1 1905. interest Certified check on City Treasurer's office, some bank in Kenton, or New York draft for SI, 000, payable Accrued into John Y. Thompson, City Auditor, required. terest to be paid by purchaser. semi-annually at — Kilbourn, Wis.— Bond Sale. An issue of $5,000 4<; refunding bonds has been awarded to the Kilbourn State Bank at 100.20. Denomination $1,000. Date July 1 1905. Interest annually on Feb. 1. Maturity SI, 000 yearly on Feb. 1 from 1915 to 1919 inclusive. Lakewood, Ohio.— Bond Sale— On Aug. 14 the $7,500 5% coupon general-improvement bonds described in V. 81, p. 575, were awarded to W. J. Hayes & Sons, Cleveland, at par and interest. Lansing, Mich. — Mangum, Okla. Bond Election. The City Council has ordered an election to vote on the question of issuing $10,000 water and lire-depart inenl bonds. Bond Sole. On Aug. I an issue of Manistee, Mich. $18,000 i', public-improvement bonds was awarded to the County Savings Hank Of Manistee at par. Denomination $1,000. Date Aug. 1905. Interest semi-annual. Maturity $8,000 Aug. 1909 and $6,000 1908, $4,000.Aug. — l —Bond — Local papers report the for $20,150 lessSS50 for expenses: $20,000 4^% Sale. sale of the following bonds: W. E. Horn & Co. of Detroit Weinmann Creek sewer bonds. Sold to l l Aug. 1 1910. Award Postponed, 1 — <JH5 $50,000 — The bids Aug. received 1 for the (serial) park bonds described referred to the Finance Committee. 18-22-year 1', V. 81, p. 280, were in — Manistee County, Mch.- Bond Sale. On Aug. 1 the S30.000 1', coupon bridge bonds maturing $3,000 yearly on April 1, from 1906 to 1915 inclusive, were awarded to the County Savings Hank of Manistee at 100.511. See V. 81, p. 280, for description of bonds. Mansfield (Ohio) School District. Bond Offering. Proposals will be received until 12 in. Sept. 5 by W. C. Mowry, Clerk Hoard of Education, at 23 North Park Street, Mansfield, for 816,000 4J^% public-school improvement bonds. Authority, Sections 3993 and 3994 of the Revised Statutes of Ohio. Denomination $1,000. Date Sept. 5 1905. Interest semi-annual. Maturity $2,000 each six months from Sept. 5 1919 to March 5 1923 inclusive. Certified check on a local bank for 10% of bond bid for required. Bids to be made upon blanks furnished by the Board. Bidders must satisfy themselves of the legality of the bonds before bidding. Marinette, Wis.—Bond Election. An election will be held Aug. 29 to vote on the question of issuing $10,000 bonds. Marion, Williamson County, 111. Bond Sale. On Aug. 14 the $20,000 4% 5-14-year (serial) coupon sewer-improvement bonds described in V. 81, p. 630, were awarded to N. W. Harris & Co. of Chicago at 102.14 and interest. Follow- — — — — — ing are the bids: & Co Chicago.. _S20. 428 N. W. Halsey & Co.. Chicago.. $19. 052 Bank. Chicago.. 20,000 S. A. Kean, Chicago.. L 19.500 & Co., Chicago... 19,725 Marksville, La. Bond Offering. Further details are at Laton School District, Fresno County, Cal. Bond Sale. On Aug. 7 S2,500 6% improvement bonds were awarded to hand relative to the offering on Aug. 29 of $15,800 5% gold AY. F. Johnston at 104.50. Date water and light bonds. Proposals for these bonds will be Denomination $625. July 25 1905. Interest annual. Maturity $625 yearly on received until 4 p. m. on that day by C. Ash ton Smith, Mayor. Denomination $790. Date Aug. 29 1905. InJuly 25 from 1908 to 1911 inclusive. terest annually at the Avoyelles Bank of Marksville. MaLawrence County (P. O. Laurenceburg), Tenn. Bond turity Aug. 29 1924. No bonded debt. Assessed valuation Proposals will be received until 6 p. m. Aug. 31 Offering. by John W. Springer, Secretary of Bond Committee, for $180,100—about 30% of actual value. Martin County (P. O. Fairmont), Minn. Bond Sale. On $25,000 6% coupon court-house-building bonds. Authority, Chapter 428 Laws of 1905. Denominations $100 and Aug. 15 the $25,000 6-4-year (average) ditch bonds described $500. Date Sept. 1 1905. Interest annually on April 1 in V. 81, p. 630, w ere awarded to the Minnesota Loan & at the office of the County Treasurer. Maturity $5,000 Trust Co. of Minneapolis, for $25,015 for 4^ per cents. yearly on April 1 from 1908 to 1912 inclusive. "Certified Following are the bids: For 4}4 Per Cents For 5 Per Cents. — {Cont.) check for $1,250, payable to Lawrence County, required. Minn. Loan & Tr. Co., Minn... S25, 015 S. A. Kean, Chicago... $25,150 Bonded debt, including this issue, $25,000. Assessed valu- U. M. Stoddard & Co., Minn.. 25,010 J. P. O'Brien & Co., Boston.. 25,125 For 5 Per Cents. For 6 Per Cents. ation $2,018,181. Kane & Co., Minneapolis 25,625 N. W. Halsev & Co., Chicago. 26,750 W. J. Hayes & Sons, Cleveland 25,615 F. L. Fuller & Co., Cleveland.. 26,000 Leigh, Neb. Bond Election. An election has been called N. W. Halsey & Co.. Chicago.. 25.500 Newport News Sale & Dep. Co. 25.450 for Sept. 12 to vote on the question of issuing $8,000 waterMelrose, Mass. Bond Report not Correct. We are inworks bonds. formed that the report in some of the papers that an issue of Lima, Ohio.— Description of Bonds.—The $20,000 5% Elm $26,000 water bonds had been voted by this city is not corStreet and $8,100 5% South Jackson Street bonds, the sale rect. The only bonds which this city has authorized are of which was recorded in V. 81, p. 575, answer to thefollow- $10,000 for water and $5,000 for sewer purposes, all of which ing description: will be taken by the Sinking Fund Commissioners when the $20,000 5' Kim Street bonds. Denomination $500. Date June 1 1905. Interest money is needed. annually on Jan. 1. Maturity $2,000 yearly on Jan. 1 from 1906 to 1915 Inelusive. Melrose Sanitary District, Alameda County, Cal. Bond 8,100 5% South Jackson Street bonds. Denomination nine for $500 each and Proposals will be received until Aug. 31 by John nine for $400 each. Date Oct. 1 1904. Offering. Interest annually on Jan. 1. Maturity $900 yearly on Jan. from I90G to 1914. McDonald, Secretary of the Sanitary Board, for $31,000 5% The bonds were awarded on July 17 and delivered Aug. 7 gold sewer-system bonds. Denomination $775. Interest 1905. semi-annually on Jan. 1 and July 1 at office of County TreasLockport, N. Y. Bond Sale.— On Aug. 4 an issue of urer. Maturity 20 years. Certified check for 5% of bonds $4,000 4% registered school-building-improvement bonds bid for, payable to John McDonald, Secretary of Sanitary was awarded to the Farmers' & Mechanics' Saving- Hank Board, required. Accrued interest to be paid by purchaat 100.125. Securities are dated Aug. 4 1905. Interest Menominee, Mich. Bond Offering.— Proposals will be annual. Maturity from 1906 to 1910 inclusive. received until 5 p. m. Aug. 21 by F. S. Norcross, City Clerk, Logan, Ohio. Bonds Authorized. The Village Council for $30,000 4% park bonds. Authority, vote 801 to 71 a1 Date Sept. on Aug. 3 authorized the issuance of $11,000 4% Gallagher election held June 30. Denomination $1,000. enue coupon assessment bonds. Denomination si, 100. 1 1905. Interest annually on April 1 at the office of the City Interest annually at office of Village Treasurer. Maturity $2,000 yearly on April 1 from 1912 Maturity Treasurer. b. 20 from 1907 to 1916 inclusive. to 1926 inclusive. These bonds were offered on July 31, Los Angeles, Cal.—Bond Election Ordered.—The City but the bids then received (see V. 81, p. 630) were reject Mentor (Ohio) School District. Bond Election. At the mcil has decided to call an 'lection to vote on the quesNovember election the question of issuing bonds for a school tion of issuing the $1,500,000 water-supply-impro-* ment building will be .submitted to a vote. bonds mentioned in V. 81, p. 629. Mills River Township, Henderson County, N. C. Lowell, Mich.— Bond Sale.— On Aug. 11 the $12,000 4% Bonds Voted. On Aug. 8 this township voted to issue $10,000 5-year (serial) coupon bridge [bonds described in V. 81, interurban-clec trie-rail way-aid bonds. p. .~>75, were awarded to H. W. Noble & Co. of Detroil at par and interest leas Si 19. Following are the bids: Milton, Pa.— Bond Sale.— On Aug. 15 the $30,000 I', H. w. Noble A Co 1-30-year (serial) coupon funding bond- described in V. 81, par less $119 par less $210 F. L. Fuller <t Co City Bank of Lowell par less 149 ork City at p. 576, were awarded to Albeit c. Case oi Macon, Miss.— Bond Sale. The $15,000 5% wa1 102. 13 and interest Following are the bids: and electric-light bond- offered on July 17 were awarded Albert C. Cue. New vork $:;o,72!> IcvclaiKl Union True! Co., Lancaster... :)0.7:'"» IV to John Nuveen dc Co. of Chicago at 101. 34. Inrlnnall. SeeV. 81, p. Lamprecnt Bros, Co., Cleve. 30,720 k Sold to Dver-.lenison-Barry Co. at par and premium of S50: $3,703 Walnut Street, $5,292 Grand Street. $5,72125 Washtenaw, $5.308 95 Capital Avenue paving bonds. — — N. W. Harris , I First National | R. Kleybolte — — I — — — — r | — — — I c — — 1 — — — — l — — — H , — . I —2 ' 1 a- • '. , i\ for description of bond.-. Magee, Miss. — Description — Ilayden matl J0.OJ1 . \\ ad of Bonds. that the price paid by the Capital National Bank of Jackson for the $1,500 7 v; Bchool bonds recently awarded to that in titution (aee V. 81, p. 629) was 102.50. The award va n on Aug. 1. Date July Denomination $100. 1905. fast annual. Maturity July 1025. • l I Co., Cleveland Poller .v . 30,676 lack <t Ooblnaon, New York 30,461 Denlson, Prior Co., Cte' eland 30.4 n 1.. . Milwaukee County (P. O. Milwaukee), Wis. /Following are the bids received on lug. I" for the $450,000 4% L-20-year (serial) viaduct bonds awarded,I.' o of acb a al »on, week, to E. II. Rollim A Sons and Chicago: I < THE CHRONICLE. 6H6 H. E. & Rollins Sons and I Farson, Leach & Co., Ohleago$459, 720 W. J. Hayes & Sons, Cleveland 450,027 — | N. W. Halsey N. W. Harris & Co., Chicago.. $458, 685 & Co., Chicago.. 458,143 — ( Minnesota. Loans. According to the St. Paul "Pioneer Press" the following loans were approved by the State Board of Investment on Aug. 7: — School Loans Interest 4% District No. 71, Aitkin Co.. $300; No. 43, Big Stone Co.. $2,000; No. 77, Brown Co., $900; Independent District No. 1, Blue Earth Co.. $21,500; District No. 32, Carlton Co., $800; No. 30, Clearwater Co., $500; No. 02. Chippewa Co., $4,000; No. 95. Crow Wing Co., $700; No. 93. Freeborn Co., $2,000; No. 12X, Hennepin Co., $4,000; No. 130. Hennepin Co., $1,700; No. 19, Isanti Co., $950; No. 75. Jackson Co.. $1,000: No. 0, Lyon Co., $800; No. 31, MeLeod Co., $1,000; No. 270 Mille Lais Co.. $450; No. 38, Otter Tall Co.. $4,500; No. 45, Otter Tall Co., $1,000; No. 47. Pope Co., $000; No. 55. Polk Co., $2,000: Independent, Roseau Co., $2,500; District No. 1, Roseau Co., $700; No. 6. Roseau Co., $000; No. 130, Kenvllle Co., $850; No. 26, Red Lake Co., $325: No. 45, St. Louis Co., $1,000; No. 59, Stearns Co., $1,200; No. 50, Sherburne Co., $2,000. Total, $63,475. of Toronto for VOT,. $20,265 and accrued interest. LXXXI Following are the bids: II. O'Hara & Co., Toronto $20,265 Dominion Sec.Corp., Toronto... 20,253 Gay & Co., Montreal Hanson Bros., Montreal . | | II. 20,225 20,^02 Brouse. Mitchell & Co., Toronto. 20.200 Canadian Secur., Ltd., Toronto. 20,156 l — I j W. C. Brent. Toronto $20,118 \V. Harris & Co., Chicago. 20,108 & Co., Toronto.. 20,039 Geo. A. Stlmson & Co., Toronto. 20.011 Aemlllus Jarvis &Co., Toronto.. 19,811 N. Wood, Gundy | Oakmont, Pa. Bonds Voted.— This borough on Aug. 8 by a vote of 313 to 101 authorized the issuance of $45,000 improvement bonds. Date of sale not yet determined. Ogden, Utah. Bonds Defeated. A proposition to issue $75,000 Sewer District No. 10 bonds failed to carry at a special election held Aug. 1, the vote being 234 for and — — — — 312 against. Oneida, N. Y. Bond Offering. Proposals will be received by C. M. Ruggles, City Clerk, until 5 p. m. Aug. 30 for the following coupon or registered local-improvement bonds $11,500. $7,000. Total. issued in accordance with Title V, Chapter 225, Laws of Montana. Bond Sale. The State Treasurer informs us 1901, and the Acts amendatory thereof. that the $30,000 5% 20-30-year (optional) State Univer$12,800 4% paving bonds, Series "A A." sity bonds offered on July 26 have been awarded to Edwin C. 4,000 4% paving bonds, Series "B B." 1,700 4% paving bonds, Series "C C." Benedict of New York City. Denomination one-tenth of each issue. Date Sept. 1 1905. Bonds Validated. We are advised that Monticello, Ga. Maturity one bond of each issue yearly on Sept. 1 from 1906 the $30,000 electric-light and water bonds authorized by this town on May 30 have been validated by the courts as re- to 1915 inclusive. Interest annually in Oneida or New York City. Certified check for 10% of bid required. quired by law and will be offered for sale sometime in the Oneonta, N. Y.—Bond Offering. Proposals will be renext two or three months. Morehead N. 0. Bids. We are advised that the follow- ceived until 8 p. m. Aug. 22 by Henry D. McLaury, Village Clerk, for $3,800 paving bonds. Authority, Section 129 ing bids were received on July 3 for the $15,000 5% 2.5-year of the General Village Law. Denomination $200. Date coupon bonds described in V. 81, p. 576: July 1 1905. Interest (rate to be named in bids) semi$15,026 Browne-Ellinwood Co., Chicago. $15, 136 C. H. Coffin & Co., Chicago annually at office of Village Treasurer. 15,100 Maturity $200 John Nuveen & Co., Chicago As stated two weeks ago, the bonds were awarded to yearly on July 1 from 1910 to 1928 inclusive. Certified Browne-Ellinwood Co. of Chicago; the price paid, however, check, certificate of deposit or New York draft for $500, payable to Treasurer of Village, required. Proposals must was $15,136 and not $15,636, as we were at first advised. be made furnished Village Clerk. Bids are on blanks by Bonds Voted. This place on Aug. 10 Ind. Ter. Muscogee, by a vote of 420 to 94 authorized the issuance of $100,000 asked for bonds coupon in form and also registered. Ottawa, Ont. Debenture Offering. Proposals will be rewater and sewer and $75,000 school bonds. ceived until 4p.m. Aug. 31 by W. G. Black, Chairman FiNapanee, Ont. Debenture Offering. Further details are nance Committee, for $326,678 05 4% debentures as follows, at hand relative to the offering on Sept. 1 of $35,000 4% coupon electric-light-plant bonds. Proposals for these purchaser paying accrued interest: improvement debentures. Denomination $2,000, except one lor bonds will be received on that day by W. A. Grange, Town $11,794 23 local $1,794 23. Maturity May 1 1925. 2,891 89 local improvement debentures. Denomination $2,891 89. Maturity Date Sept. 1 1905. Bonds and interest payable at Clerk. May 1 1921. Merchants' Bank, Napanee. Maturity part yearly for 30 9,974 94 local improvement debentures. Denomination $2,000, except one for $1,974 94. Maturity May 1 1915. Present bonded debt, including this issue, $73,982; years. 44,050 09 local improvement debentures. Denomination $2,000, except one for Assessed valuation 1905 $1,091,000. floating debt $8,300. $2,050 09. Maturity May 1 1925. Drainage Loans Interest 3%. Douglas Co.. $1,000; Polk Co.. $48,200; Mille Lacs Co., $2,500. Total, $51,700. Interest 4%. Village Loans Triumph, Martin Co., $2,500; Mentor, Polk Co., $2,000; Boyd, Lac qui Parle Co., — — — — — — — — ; I [ — — — — Bonds — exempt from are taxes. — Newark (Ohio) School District. Bond Sale.— On Aug. 15 the $15,000 434% 1-15-year (serial) building bonds described in V. 81, p. 280, were awarded to Albert Kleybolte & Co. of Following are the bids: Cincinnati at 104.10 and interest. A. Kleybolte & & Co.. Cleve.$15,515 & Mayer, Cincin. 15,468 W. J. Hayes & Sons. Cleve.. 15,467 Hoehler & Cummings, Toledo 15,418 Albert C. Case, New York... 15,405 Sec. Sav.Bk.&Tr .Co. .Toledo 15,397 W. R.Todd & Co., Cincinnati. 15 305 Hayden. Co., Cincin. .$15,615 00 T. L. Fuller & Co., Cleveland Wei), Roth & Co., Cincinnati Union Sav.Bk.&Tr .Co., Cin. R. Kleybolte & Co., Cincin.. 15,000 15,555 15.541 15,532 Denison, Prior & Co., Cleve. 15,529 Central Tr.&SafeJDep. Co., Cin 15,529 Farson, Leach & Co., Chicago 15,516 Newburgh, Ohio. 00 00 00 00 Miller 50 50 00 Seasongood —Bonds Voted. 50 75 00 50 00 50 00 — By a vote of 374 to 64 on Aug. 12 authorized the issuance water-improvement bonds. this place of $50,000 — On July 31 the Sale. 20-year bridge jbonds described in V. 81, p. 227, were awarded to Seasongood & Mayer of Cincinnati for 110.318 and interest. Following are the bids: Newburgh Heights, Ohio.—Bond $4,000 5% Seasongood & Mayer, Cincin. $4, 412 75 Hayden, Miller & Co., Cleve.. 4,255 00 P. S. Briggs & Co., Cincin. ..$4,210 00 Bonds are dated June 30 1905 and the interest will be payable semi-annually. New Carlisle, Ohio.—Bond Sale.— On Aug. 15 $3,500 5% refunding bonds were awarded to the Security Savings Bank & Trust Co. of Toledo for $3,547 50 and interest. Bids were also received from the Dayton Savings & Trust Co. of Dayton and from Hayden, Miller & Co. of Cleveland. Denomination $500. Date Sept. 1 1905. Interest semi-annual. Maturity $500 yearly on Sept. 1 from 1906 to 1912 inclusive. North Andover, Mass. Bond Offering. Proposals will be received until 4 p. m. Aug. 24 by the Town Treasurer for $16,000 4% coupon water-main-extension bonds. Denomination $1,000. Date June 1 1905. Interest semi-annually at Winthrop National Bank of Boston. Maturity $2,000 yearly. Bonded debt, not including this issue. $150,000. Assessed valuation $4,300,000. North Branch, Chisago County,' Minn. Bond Offering. Proposals will be received until 8 p. m. Aug. 26 by Jacob Rydell, Village Recorder, for $2,000 534% 20-year coupon improvement bonds. Authority, election held June 20 1905. Denomination $500. Date Sept. 15 1905. Interest annually at the Merchants' State Bank of North Branch. Blank bonds to be furnished by successful bidder. These bonds were offered as 4J4 per cents on Aug. 5, but were — — not sold. — — — North Dixon (IU.)^School District. Bonds Defeated. This district on July 29 bv a vote of 60 to 72 defeated a proposition to issue bonds for school purposes. We are informed that another election will probably be called on the same question. — — Northumberland and Durham Counties, Ont. Debenture Sale.— On Aug. 15 the $20,000 4J4% 10-year debentures described in V. 81, p. 576, were awarded to H. O'Haraj&^Co. 1,634 72 local improvement debentures. Denomination SI, 634 72. Maturity May 1 1910. Denomination $2,000, except one lor 7,451 66 local improvement debentures. 81,451 66. Maturity May 1 1915. 9,085 91 local improvement debentures. Denomination $2,000, except one for $1,085 91. Maturity May 1 1915. 21,330 71 local improvement debentures. Denomination $2,000, except one for $1,330 71. Maturity May 1 1915. 26,000 00 park debentures. Denomination $2,000. Maturity June 9 1925. 86,000 00 park debentures. Denomination $2,000. Maturity June 9 1935. 43,170 62 local improvement debentures. Denomination S2.000, except one for $1,170 62. Maturity May 1 1915. 1,824 59 local improvement debentures. Denomination $1,824 59. Maturity May 1 1910. 61,468 69 local improvement debentures. Denomination $2,000, except one for $1,468 69. Maturity May 1 1925. Total liabilities of city on June 1 1905 was $6,468,946. Assessed valuation 1905 $33,002,540. Oxnard, Cal. Bonds Voted. On July 31 by a vote of 161 to 5 this city authorized the issuance of $45,000 5% sewer bonds. Pacific Grove School District, Monterey County, Cal. Bond Sale. On Aug. 8 $35,000 5% bonds were awarded to Following the San Francisco Savings Union for $38,025. are the bids: — — — — San Francisco Sav. Union... $38,025 00 N. W.Harris & Co. .Chicago. 37,544 50 E. H.Rollins & Sons, S.Fran 37,324 00 Oakland Bank of Savings... 37,05100 I | Los Angeles Trust Co Hazelton & Co First National Bank, $36,748 00 36,575 00 Mon30.003 00 terey | — Palomares School District, Los Angeles County, Cal. Bond Offering. Proposals will be received until 2 p. m. Aug. 28 by C. G. Keyes, County Clerk, for $12,000 5% Denomination $1 ,000. Interest annually at school bonds. County Treasurer's office. Maturity $1 ,000 yearly on Aug. 28 from 1909 to 1920 inclusive. Certified check for 3% of bonds, payable to Chairman of the Board of Supervisors, — required. Paris, 111. —Bond Sale. —We are advised that the $5,000 5% coupon Madison Street paving bonds described in V. 81, p. 576, have been sold. — — Pauls Valley, Ind. Ter. Bond Election. An election will be held Sept. 11 to vote on the question of issuing $25,000 school-building bonds. Perrysburg, Ohio. Bond Sale. The Village Council on Aug. 1 rejected all bids received for the $30,000 4% waterworks bonds described in V. 81, p. 227, and subsequently negotiated the same at private sale. We are Petersburg, Va. Bonds not to be sold at Present. advised that the $75,000 sewer, sidewalk and water-main bonds mentioned in V. 81, p. 48, will not be offered for sale until some time in October. — — — — — Bond Sale. On Aug. 9 the $3,0005% Pontiac, Mich. sewer bonds maturing $1,000 April 1 1915 and $2,000 April 1 1916, a description of which was given in V. 81, p. 576, were awarded to the First Commercial Bank of Pontiac at A bid of $3,180 was received from S. A. 104 and interest. Kean of Chicago, but we are informed that this bid was rejected for the reason that it was not accompanied by a ::'& :.:'«: certified check as required. ^n: :.:•; : : — — An;, lit — — — — Preston Ind. School Dist., Jackson Co., la.— Bond OfferProposals will be received at any time by A. O. Skini, u/ coupon ner, Secretary Board of Education for $3,000 6* Date about Denomination $500. school-building bonds - pt. Interest semi-annually at the First National 1906. — , , i Authority for Bonds are subject Section present $600. issue Bonded debt at Putnam County Ottawa ), - (P. O. to after call 5 years. 2812, School Law of Iowa, Assessed valuation $163,349. Ohio.- -Bond Offering. — Proposals will be received until 12 in. Aug. 29 by Louis X Welde. County Auditor, for $7,000 ."><', coupon road bonds. Authority. Section 4670-19 of the Revised Statin.- of Ohio. Denomination SI, 000. Date Oct. 2 1905. Interesl semiMaturity Oct .2 1911. annually at County Treasurer's office. Cash or certified cheek on an Ottawa bank, payable to County Purchaser to pay accrued Auditor, for $600 required. Bonded debt, including interest and furnish blank bonds. Assessed valuation $12,000,000. $260,000. Champaign County, 111.— District, Rantoul School We are advised that the s 1,500 Description of Bonds. building bonds recently sold (see V. 81, p. 577) were taken on Aim. 1 by Geo. M. Bechtel & Co. of Davenport for Denomi$4,668 80 and accrued interest for 5 per cents. Date Aug. 1 1905. Interest annual in April. nation $500. Maturity S500 yearly from 1908 to 1916 inclusive. this issue, — Ripley Independent School District, W. Va. Bond OfferProposals will be received until 12 m. Aug. 22 by Holly G. Armstrong, President of Board of Education, for $13,000 5% 5-20-year school-building bonds. Authority, Date Chapter 29, Laws of 1905. Denomination $100. Cash or certified check Interest annually. Sept. 1 1905. for S500 required. No other debt. ing. — — THE CHRONICLE 1905.] Bank, Chicago. ———— —— — — . — — (JST — St. Augustine, Fla. Bonds Proposed. The issuance of $100,000 sewer and garbage bonds is being considered. Bonds Re-awarded. The $21,000 5% St. Mary's, Ohio . highway-improvement bonds awarded on July 5 to VY. J. Hayes & Sons have been refused by that firm. The bonds were subsequently sold to Weil, Roth & Co. of Cincinnati for See V. 81, p. 48, for description of bomb. $1 ,500 premium. Mass. Bonds Authorized. The issuance of Salem, $2,000 A')' registered sewer bonds has been authorized. Interest semi1905. Denomination $1,000. Date July Maturity $1 ,000 July 1 1900 and $1 ,000 July 1 1907. annual. Proposals will be reSan Antonio, Tex. Bond Offering. ceived until 10 a. m. Aug. 28 by Bryan Callaghan, Mayor, for $23,500 5',,' 20-40-vear (optional) Improvement District No. 1 bonds dated April 3 1905, $75,000 5% 20-40-year (optional) Improvement District No. <S bonds dated April 1 1905 and $55,000 5% 20-10-year (optional) Improvement Disbonds dated April 1 1905. Interest semitrict No. 9 annually at the office ofj the City Treasurer. Cash deposit — t 1 — 2% of amount of bid required. San Diego High School Description of Bonds. to issue $135,000 District, San Diego County, Cal. — We are informed that the proposition 5% bonds of this district received a vote 393 against at the election held July 27. Denominations 340 bonds of $100 each, 68 of $500 each and 07 of $1,000 each. Maturity $9,000 yearly from six to twenty years after date. Sandusky, Ohio. Bond Sale. Following are the bids received on Aug. 15 for the $0,000 4% 10-year Campbell Street paving bonds and the $21,000 4% 15-year refunding bonds: of 1043 for and — $6,000 Hands. — $21,000 Bonds. $21,287 70 $0,045 00 V. L. Fuller & Co.. Cleveland Rockland County (P.O. Nyack), N. Y. Bond Offering. 21,;S02 00 \ W. Harris * Co.. Chicago. 21.105 00 -. 6,033 00 Well, Roth & Co., Cincinnati Proposals will be received until 12 m. Sept. 7 by William J. Seasongood & Mayer. Cincinnati... 21,106 75 6.031 25 21.100 00 6.025 00 Citizens' Ranking Co.. Sandusky Randolph, County Treasurer, for $300,000 4% coupon fund- Denison. Prior & Co.. Cleveland and Boston 6,022 80 21,224 70 00 21.132 50 6.022 [{. Kleybolte & Co., Cincinnati ing bonds. Denomination 81,000. Date Sept. 1 1905. American 21.020 00 6,013 00 Banking Co., Sandusky 6,010 00 21.075 00 National Bank, Sandusky Matur- Commercial Interest semi-annually at County Treasurer's office. 21,136 70 6,006 00 Provident Savings Bank & Trust Co., Cincinnati 21.012 50 6.000 00 VV. R. Todd & Co.. Cincinnati ity $6,000 yearly from 1907 to 1913 inclusive, $7,000 yearly Third National 21.000 00 Exchange Bank, Sandusky 6,000 00 from 1911 to 1923 inclusive, $8,000 in 1924 and $18,000 Bond Sale. Schaller (Iowa) Independent School District. yearly from 1925 to 1934 inclusive. Certified check on a —On July 31 the $14,000 5% 5-10-year (optional) gold were national bank, payable to "The Treasurer of Rockland Coun- coupon building bonds described in V. 81, p. 524, awarded to Joseph Winterbotham for $14,525. ty" for 5% of the amount of bonds bid for required. AcSherburne County, Minn. Description of Bonds. The crued interest to be paid by purchaser. Bidders must use $40,000 5% drainage bonds awarded on July 19 to Kane the printed form of proposal furnished by the County Treas- & Co. of Minneapolis (see V. 81, p. 578) are in denominaInterest February and tion of $1,000, dated Aug. 1 1905. urer. — The the bond offering will be found among advertisements elsewhere in this Department. official notice of this Rockville, Conn. Description Bonds. of —The $75,000 filtration-plant bonds recently sold at private sale to E. H. Gay <fc Co. of Boston (see V. 81, p. 631) are in denomination of $1,000, dated July 1 1905. Interest Januarv 1 and July 1. Maturity July Rockville Centre (N. 1935. Y.) Union Free School District No. 21. Bonds Voted. This district on Aug. 1 authorized the issuance of $2,000 4% school-improvement bonds, the vote being 22 for, none against. Denomination $500. Maturity 1921 to 1924 inclusive. Date of sale not yet determined. 1 — Rosedale Sale. School District, Fresno — An issue of $1 ,200 bonds of County, this district Cal. Bond was awarded on July 27 to the Oakland Bank of Savings for $1,235 80. Denomination $400. Date July 18 1905. Interest annual. Maturity $400 on July 1 of the years 1907, 1909 and 1911. Rotterdam (N. Y.) School District No. 11.—Bond Sale — On Aug. 12 $3,000 5% school-house bonds were awarded to 0. M. Hahn of New York Citv at 101.29. Den. .initiation $300. Date Oct. 1 1905. Interest annually at the Schenectady Trust Co. Maturity $300 yearly from 1907 to 1916 inclusive. — Royalton Township, Ohio. Bond Election. It is stated that an election will be held Sept. 2 to vote on the question of issuing $13,125 bonds for the improvement of highways. August. Maturity average 7 years. Sioux Falls (S. D.) School Disrtict. Bond Offering. Further details are at hand relative to the offering on August 23 of $75,000 5% high-school building bonds. Proposals will be received until 10 a. m. on that day by J. W. Parker, President ofJBoard of Education. Authority Sections 2347 to 2448 of the Revised Political Code of 1903; also vote 415 Denomination $500. to 220 at election held June 30 1905. Interest annually at New York City. Maturity 20 years. Certified check for $1,000 required. The official circular states that the Board of Education has never defaulted on any obligation, nor is there any controversy affecting the legality of these bonds. Total bonded debt of district, ineluding this issue, $100,000. Assessed valuation (excepting railways) $3,554,546; estimated real value $14,000,000. Southern Pines, N. C. Bond Offering. Proposals will be received until 7 p. m. Sept. 13 by C. L. Blue, Town Clerk, for $10,000 6% coupon sewer-extension and electric-light bonds. Denomination $500. Date Sept. 1 1905. Interest January and July at Wachovia Loan & Trust Co., WinstonSalem, N. C. Maturity Sept. 1 1935. Certified check for 5% of bid, payable to C. L. Blue, Town Clerk, required. Bonded debt, not including this issue, $20,000; floating debt $1,000. Assessed valuation $273,805. South Omaha, Neb.— Bond Sale.— On Aug. 14 the $35,000 5% coupon improvement bonds described in V. 81, p. 631, were awarded to Hoehler & Cummings of Toledo. Follow- — r — ing are the bids: Ho»hlcr A- Cummings. Toledo— $36,257 50 and $35 blank bonds. lor Sacramento, Cal.— Bond Sale Not Consummated.—-The J. !.. Br&ndelS A- Sous, omalia— $36,201 and $100 lor blank bonds. W Hayes & Sons, Cleveland— S30. 5 and lithographed blank bonds. $200,000 r; high-school bonds awarded Last May to the L. Fuller & Co., Cleveland— $35,700. Security Sav. Bk. & Tr. Co.. Toledo— $35,787 50 less $125 for blank bonds. Board of Examiners have not yet been sold. 11 that the bid of the State Board of Examiners was not the Spartanburg, S. C. Bonds Voted. This city on Aug. 1 highest at the sale on Slay 1, that of Adams-Phillips Co. of by a vote of 112 to 6 authorized the issuance of $100,000 Los Angeles being $100 higher. The latter bid, however, street-paving bond-. was rejected and the bonds .awarded to the State. Sul Spencer County (P. O. R:ckport), Ind.- Bond Sole. On ^uently this action was rescinded and Adams-Phillips Co. of Aug. 8 $8,494 63 5% drainage bonds were awarded to the les were awarded the bonds subject 1" the approval Farmers' Bank of Rockport for $8,620. >enomination $600, of Dillon A: Hubbard of New York City as to the legality of DaO- Aug. pt the la-t bond, which is for $091 63. this proceeding. Recently the New York attorneys noti1905. Maturity $600 yearly Interest June and December. fied the city that they could not approve of this sale and the beginning Dec. 1 1907. mation of the Bame, therefore, has fallen through. Springbrook (P. O. Bridgeport ), Minn. Bonds \otSold.— 'I he bonds will probably be re-advertised. No bids were received on Aug. 2 for the si, 200 10-year road Saginaw, Hen.—Bond Offering. William Seyffardt, City Comptroller, will offer for sale at par beginning Aug. 25 the bonds described in V. 81, p. 524. Springfield, Mass. following bonds: Temporary Loan.- A loan of $100,000 was awarded on Aug. II to the National City Bank of N *2-?£M!ir? '" !?-?«*"• CMftU) wwer bondl of 1200 each. bowU of each. York City at Following are the bids: ..iXJK VA c 1-10-year fserlaU discount. 4S.UW i'/i . .1 1 . 1 !•. — — I 1 — %%% $.'i.-,n Improvement bonds '• of $500 each. Securities are dated Aug. 24 1905. nuallv [ntereel at.the office of the City Treasurer or in N<-w|York]( ity.,;l, :.| Discount Vatlonal City Bank. Morgan * Bartlett. Blake Bros. 4 New Vork. 3.25% New York.. 8.29% Co. (*l prem.)..* 3 8095 DitcoutU. I I j K Jcnnteon. New York. ....3.30 upper.Boa.3 .«., Lortn^l ombn. Bond F. THE CHRONICLE 688 — — Bond Offering. Proposals will be Steubenville, Ohio. received until 12 in. Sept. 14 by Frank S. King, City Auditor, Authority for $15,000 4}4% sewage-disposal works bonds. DenominaSection 2835 of the Revised Statutes of Ohio. Date Sept. M 1905 [nterest semi-annual. tion $1,000. Maturity $3,000 yearly. Certified eluek for 10% of the amount of bonds bid for, payable to the City Treasurer, required. Purchaser pays accrued interest; also furnishes blank bonds. Stevens Point, Wis. Bonds Proposed. The issuance of $25,000 sewer bonds is being considered. Stowe Township School District, Allegheny County, Pa. Bond Offering. Proposals will be received at any time by It. J. Macoubray, Secretary, No. 2 Frazier Avenue, McKees Rocks, Pa., for $15,000 4*4% school bonds. Denomination $1,000. Interest semi-annually on March 1 and Sept. 1. Maturity $1,000 yearly on Sept. 1 from 1910 to 1924 in- — — Troy, N. Y. Offering. , of bonds. will #300,000 Rockland County, L. FOUtke... Mrs. L. Mortimer... W. n. Llpplncott Mrs. 1>. H.Clark the afternoon. Dated Nyack, N. Y., Aug. two (2) Population 38,298. Ass'd valuation $16,452,011. Bonded debt *15^,000. J. RANDOLPH, County Treasurer. $500 100 100 . Mrs. I 500 I). W'. I Sigafoo — —A Bond Election. (S. Dak. ^School District. Specelection will be held Aug. 22 to vote on the question of issuing $15,000 school-building bonds. Volga ial Wahpeton, N. Dak.— Bond Offering. — Proposals will be received until 8 p. m. Aug. 24 by the City Council for $15,000 sewer bonds at not exceeding interest. Denomination $500. Interest semi-annually in Chicago or in Wahpeton. Maturity twenty years. F. B. Schneller is City Auditor. 7% — — Washington, Ind. Bond Sale. On Aug. 12 the $11,500 coupon funding bonds described in V. 81, p. 633, were awarded to Meyer & Kiser of Indianapolis at 102.417 and in- 4% terest. Following are the bids: Meyer & Kiser, Indianapo!is.$ll,778 00 A. Kleybolte & Co., Cincin.. $11. m:-. 75 R. Kleybolte & Co.. Cincin.. 11.758 75 W. R. Todd & Co.. Cincin... 11,02100 J.F. Wild & Co., Ind'apolis. 11.735 00 E. M. Campbell & Co.. Indianapolis 11.60900 E. D. Bush & Co., Indianapolis . 11,730 00 S. A. Kean. Chicago. 11, '.00 30 00 Weil, Roth & Co., Cincin... 11,673 Citizens' Trust Co., Wash. (tor $2,500).. 2.51185 I | I I — I — Watertown, Mass. Bids. Following are the bids received Aug. 10 for the $13,000 4% engine-house bonds awarded, as stated last week, to E. C. Stanwood & Co. of Boston NEW LOANS. LOANS. #400,000. These bonds are issued pursuant to Ordinance No. 2515, passed by the City Council and approved June 6th, 1905, authorized by Chapter 18>< of the Laws of Minnesota tor the year 1905, approved April 11th, 11-05. Bonds in denomination of Five Hundred or One Thousand Dollars each, as the purchaser may desire (with coupons attached) are dated July 1st, ls-05 and mature June 30th, 1"85; they bear interest at the rate of four (4%) per cent per annum, pavable semi-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 tbe successful bidder. A certified check, payable to the City Treasurer of the City of St Paul, for two {*%) percent of tbe par value of tbe bonds bid for, mast accompany eaeb 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 all bids. Proposals to be marked "Bids for Hospital Bonds" and addressed to Hospital. and Treasurer, Columbia, South Carolina. August WHOLE Tbe bonds will be dated July 1, 1905. and will fall due and will be of the following denominations: three hundred bonds of the denomination of one thousand dollars each and two hundred bonds of tbe deromination of five hundred dollars each. Tbe coupons will be payable on the first day of January and July in each year. Each proposal must be accompanied by a certified check for fifteen thousand dollars, to the order of July 1, 1945, the undersigned. No bid will be considered for less than par. The right is reserved (o reject an* and all bids, Forcircularof particulars, address the undersigned. T. H.GIBBES. Mayor of the City of Columbia, S. C. King, Hodenpyl & Co., BANKERS, Wall Street, NewYork. 21 7 La Salle Street Chicago. Members Hive? Co. BONDS. 1905. SEPTEMBER City Comptroller. MUNICIPAL AND PUBLIC SERVICE 1, Sealed proposals will be received at the office of the City Clerk and Treasurer inthe'ltyof Colombia, South Carolina, until 1, 1905. at two o'clock P.M., for tbe purchase of tbe of four hundred thousand dollars of four per cent coupon bonds of said City issued for water worse ourposes. 7 Trowbridge^ Carolina, Office of the Citv Clerk City Comptroller's Office, St. Paul, Minn. August 5. 1905. Sealed proposals will be received at the office of city the Comptroller by tbe Sinking Fund Committee until 12 o'clock noon on ADGLST 23d. 1905. 'or the purchase of Twenty Thousand ($20,000) 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 of the City and County LOUIS BETZ, S. WATER WORKS BONDS. New York Stock Exchange. RAILROAD AND STREET RAM WAY BONDS. ^^'^^^_j BOSTON, CHICAGO, Bank Bldg. 60 State 1st Nat. Street. INVESTMENT BONDS. W. NOBLE & COMPANY, H. Penobscot Bldg., Land-Title Bldg. Philadelphia. Detroit. MUNICIPAL SEND FOR LIST. AND PUBLIC SERVICE CORPORATION BONDS. DENISON, PRIOR&CO. BOSTON. CLEVELAND. Established 1S*A. H. C. Speer & Compari)/ o'clock in 17, 1905. WILLIAM Mrs. A J (Jutterson John .McCoy I ; 1,000 30IEAR 4% BONDS. . lb05, at — N.Y., City of St. Paul, Minnesota, City of Columbia, Sealed proposals will be received by the Treasurer of Rockland County, Stateof NewYork, until twelve (12) o'clock, noon of SEPTEMBER 7tb, 1905, at bis office, No. 2 Sooth H'rantlin Street. In the village of Nyack, for the purchase ot $300,0*0 of coupon bonds of the County of Rockland, issued for the purpose of funding the floatine Indebtedness of the said countv by authority of a resolution of the Board of Supervisors of tbe said county. Said bonds are to be of the denomination of $1,000 each, bearing date September 1st, 1905, payaDle In annual instalments, as follows: on ds No. 1 to 6 inc. 1907 '* 7 .. 12 .. 1908 " " IS " 18 " 1S09 " " 19 " 24 " 1910 ** " 25 " 30 " 1911 11 " 31 " 36 " 1912 '* " 37 " 42 " 1913 " 43 " 49 " 1914 ** " 50 " 56 " 1915 " " 63 " 57 1916 '* " " 70 " 64 1917 " " " 77 " 71 1918 " " 78 " 84 " 1919 " " " 91 " i-5 1920 " 92 " 98 " 1921 " 99 " 105 " 1922 " 106 " 112 " 1923 " 113 " 120 " 1924 " 181 •' 138 " 1925 " 139 " 156 " 1926 " 157 • 274 » 1927 ** " 175 " 192 " 1928 ** " 193 " 210 " 1929 ** " 211 " 228 " 1940 " 2^9 " 246 " 1931 " 247 " 264 " 1932 " 265 " 282 " 1933 " 283 " 800 " 1934 These bonds may be registered in the office of the Clerk of the Coumy of Rockland, and will bear interest at and after the rate of four per cent ( 0* per cent) per annum, payable on the first davs of March and September in each year. Bonds and coupons payable at the office of tbe County Treasurer. Prop' sals may be tor tbe whole or any part of the said issue of bonds and must be enclosed in a sealed envelope endorsed "Proposals for $3uo,000 Rocsland County Bonds." Accompanying such proposals, but separate therefrom, must be a check for five per cent (*05 per ceDt) Of the par value of tbe amount bid for, certified on a national bai k, payable to "the Treasurer of the County of Rockiand." Bidders must use the printed form of proposal fur nlsbed by the Coui.ty Treasurer. Bids must be stated In both words and fUures Accrued interest must be paid by the purchaser. The Board of Supervisors shall by a majority vote accent or reject any or all bids or may allot the bonds in such proportions as it may deem for the best interest of the county. Delivery of said bonds will be made at the office of the Coun y Treasurer as above at such time as may be agreed upon. Tbe bids will be publicly opened at the rooms of the Board of supervisors at the Court House, New on September 7th, $2,000 2,000 - $20,000 COUPON BONDS. City, of the W. be received NEW made follows: 4% LOAMS. Pope County, Minn. — until 12 m. Sept. 1 by William H. Gearin, City Comptroller, for $181,500 Denominaregistered water-works bonds. tion $1,000, except one bond for $500. Date Sept. 1 1905. Interest semi-annually at the office of the City Treasurer. Maturity $20,000 in 1935, $25,000 in 1936, $30,000 in 1937, $55,000 in 1938 and $51,500 in 1939. Certified check, made HEW — Bonds Xot Sold. No sale $6,000 5% 20-year coupon waterworks bonds offered on July 31. See V. 81, p. 175, for description of bonds. Vineland (N. J.) School District. Bond Sale. This district has 3old an issue of $6,000 4% school bonds at par, as Villard, has yet been — — Proposals — — — —Bond bonds Tuscarawas County (P. O. New Philadelphia), Ohio. Bonds Reawarded. It is stated that Bates & Hance of New Philadelphia, who were awarded on July 14 $25,000 6% bridge bonds, withdrew their bid and the bonds were subsequently re-awarded to Weil, Roth & Co. of Cincinnati for $25,576 20 and interest. See V. 81 p. 282, for description Toledo, Ohio. Details Changed. At the request of the purchasers of the $110,656 35 4% coupon Front Street improvement bonds sold last month, the denominations of the bonds have been changed from $1,106 (one bond $1,162 35) to as follows: One hundred bonds of $1,000 each, 20 bonds of $500 each and one bond of $656 35. Maturity $11 ,000 each six months from March 3 1906 to March 3 1910 inclusive, and $11,656 35 Sept. 3 1910. In all other respects the bonds are as offered on July 5 and described in V. 80, p. 2421. Tridelphia (W. Va. ) School District. Bond Election. An election will be held in October to vote on the question of issuing $50,000 school-building bonds. These bonds were voted at the election held July 8, which election, however, was subsequently found to have been improperly offered. — of par value of required. — — 1% payable to the City of Troy, for — clusive. [Vol,, jlxxxi. First Nat Bank MUNICIPAL Building, Chicago. COUNTY AND TOWNSHIP CITY MacDonald, McCoy BONDS, === AND & Co,, CORPORATION BONDS. 171 La Salle Street, Chicago. — Aug. 19 E.tC. BUnwood Merrlll.l I . 1005. ft Merrttt .v —— — 1 Adams ,v Co Boston .\ w Harris 4 Co.. New York - ' . .103.021 . n. nonius a Bona.ldue 191 iton. Idue 1915.102.676 BUkkS Bros. ,v Co.. Boston u. L. Day .v Co., Host, mi Jose, Parker Co., Bosto JackSOO .V I urtl>. Boston 102 II] i .*. Watson School District No. 1327 (P. O. Hamiota Man.— building bonds maAn issiu- of Si.ooo ii Debenture Sale. turing pari yearly for ten years has been awarded to Wbo<J, Gundy & Co. of Toronto at 103.30 Weldon (N. C.) Graded School District.—Uond Proposals will be received until 12 in. Sopt 7 by .1. A. Sluscoupon ive. Secretary of Hoard of Trustees, for $8,000 6' .Maturity $500 yearly Denomination SoOO. school bonds. on Jan. 1 from 1910 to 1925 inclusive. Certified (lurk for $100. payable to Secretary of Board, required. West Liberty (la. School District. Bond Offei Proposals will be received until 9 a. m. A.ug. 21 by ('. M. school-building Nichols. District Tivasuivr. for $17. ">()() 5' Date Sept. l 1905. Interesl bonds. Denomination $500. Maturity Si. 000 in 2 years, $1,800 in 3 years, semi-annual. $2 000 in -1 years. $2 .000 in 5 years and $11,000 in lOyears, years. Certified check for 5" of subject to call alter amount of bonds bid for. payable to the District Treasurer, These bonds were authorized by a vote of 162 required. to 72 at election held Aug. 11 1905. West Orange (N. J.) School District.— Bond Sab-. On 8-22-year (serial) coupon bond- deAug. 1") the $7, .500 I' scribed in V. SI, p. 579, were awarded to the New Jersey Plate (dass Insurance Co. at 101.9-14 and interest. Following are the bids: ( , . , " — , "> , — ; L. Crawford & Co., N. Y. $7,538 40 H. M. Grant A Co., N. Y 7,538 28 $7,645 80 7 ,'Al 25 II. — — Westpoint, Miss. Bonds \'o(eil. At a special election held Aug. 8 this place voted to issue bonds to secure the right of way and terminal grounds for the Pensacola & Western Alabama Railroad. The vote was 342 to 5. — White Plains, N. Y. Bond Offering. Proposals will be received until 8 p. m. Aug. 22 by the Board of Trustees for the following bonds: $9,000 4% 1.000 4% 3.000 4''l sewer bonds. nre-depnrtmen: bonds Hailro',1 Avenue pavtDS bonds. I ' BOND Oct I 4% 4% $1,000 1,000 retundjne bond. water bond. 1935. 1 A To the Holders of the Outstanding Funding 4 Per Cent Gold Bonds of the City of South Norwalk, Dated September 1st, 1893 : NOTICE is hereby given by the above-named city all of said outstanding bonds on the FIRST DAY OF SEPTEMBER, 1905. Pigment of said bonds and the accrued and unpaid Interest due thereon will be made by and at the City National Bank of Booth .Norwalk, Connecticut. Holders of said bonds are hereby notified to present them for payment at said bank on the first day of September; 1905. on which day all interest on said bonds will cease. Dated Aug. IS. 1905. check semi-annual. for Wichita, (Kan.) School District. -Bond Election not Committee on Finance of the Council of said City. yet Ordered.— We are advised thai the Hoard of Education h not vet determined to submil to a vote the question of issuing the $120,000 school bonds mentioned in V. 81, p. 579. Our informant adds that it is hardly likely that such election will be held this year. — Willoughby, Lake County, Ohio. Bond Offering. Proposals will be received until 12 m. Sept. 11 by ('. ('. Jenkins, Village Clerk, for $4,000 5% Erie Street .storm-sewer bonds. Date Sept. 1 1905. Interest semiDenomination $500. Maturity -S500 aeh >i.\ months from March 1 1907 annual. Accrued interest to be paid. 1910 inclusive, to Sent. Wilmington, N. 0. Bonds Authorized. The Board of Aldermen has passed a resolution to issue $150,000 20-year water-works-plant bonds at not exceeding 5% interest. Winchester, Ky. Bond Sale— On Aug. 4 the $15,000 4% 15-year (average) school bonds described in V. 81, p. 525, were awarded to J. L. Frankel of Sturgis, Ky., at 100.40. Securities are dated Aug. 4 1905. Woodbury, N. J. Bond Offering. Proposals will be received until 3 p.m. Aug. 22 by Ernest Redfield, City Collector and Treasurer, for $20,500 4% coupon street-improvement bonds. Denomination $500. Date July 1 1905. Interest semi-annually at Woodbury. Maturity July 1 1925. Certified check for $500, payable to City Treasurer, required. Bonded debt $88,500 and floating debt $99,403, a total debt (which includes this issue) of $187,903. Assessed valuation 1904 $2,347,500. Worcester, Mass. Temporary Loan. A loan of $50,000, dated Aug. 14 1905 and maturing Oct. 10 1905, wes recently awarded to Blake Bros. & Co. of Boston at 3.23% discount. Yakima County (Wash.) School District No. 59. Bond Proposals will be received until 10:30 a. m. Aug. 26 Offering. by Lee Tittle, County Treasurer (P. O. Yakima), for $2,000 10-year coupon school-house bonds at not exceeding 6% interest. Interest annually at office of County T3 asurer. 1 — — — — — MISCELLANEOUS. HIGH GRADE Perry, Coffin & INVESTMENT BONDS Burr, NO STOCKS INVESTMENT BONDS. CORRESPONDENCE SOLICITED of Its election to redeem GEORGE E. SARTAIN. Maturity of amount oi bid, or (rust company, reJ ">' a State or national bank Peter Paulding is Village Clerk. quired. INVESTMENTS. CALLS. Interest certified drawn upon , — 639 Denomination $1,000. v.. Co., Boston.. 103.27 Oo., Boston. -103.13 N.J. Plate Glass Ins. Co Orange National Bank — THE CHRONICLE. j Boston.. 103. 30 »'o.. a. OUllnm I 60 State Municipal Street, Q ecurities U Company & Corporation OF PITTSBURGH, PA. BOSTON. Paid up Capital $300,000. OO T POTTER, RANGE OF PRICES MUNICIPAL and DriKinc FOB 93 YXA.BS. CORPORATION DUNU8 172 Washington 1882— 1904 CHICAGO, ILLS. B. ' Street, Rudolph Kleybolte&C< - - • LIST UN APPLICATION. BANKERS, OUB ANNUAL DIALERS IN MUNICIPAL, RAILROAD and F. BONDS. PINE STREET, NEW YORK Interest Paid on Daily FULTON & CO 171 Gives a monthly range of Stock and Bond Prices (or five years. We can supply LA SALLE STREET, 1887 issue which gives 1882-1886 " " " 1887-1891 1892 " << " 1891-1895 1896 " « " 1896-1900 1901 " " " 1900-1904 1905 CHICAGO. and Time Deposits WHITING'S PAPERS. PRICE $2 PER COPY, MUNICIPAL AND RAILROAD BOf'DS. Borne earlier issues WM. SEAS0NG00D & MAYER, mercantile Library- Hnllding, Fred. CINCINNATI, For BiKtlnm* Correspondence, Whether for letter written with your own hand, & Co BANKERS, 16 Congress Street, Boston. MRA40ATJ STttKET. NEW YORK. , oi ay the typewriter, are UNKQUALED. Their qnallt) b uesare'l and they bare won highest houori at a! the irreat World's Kalrs. For high grade wrltlnt Ddperi of all kinds, for bond papers, and for ledge' papers, Insist on having them made by the WHITING PAPER COMPANY. HOLY OK K, STATE CiTf & KULKOAD BONDS. New York. WsYfflj Philadelphia. Chicago. may be had at (9 00 a copy DANA COMPANY, B. T«* PINK LIST ON APPLICATION. Blodget, Merritt RETIEW THE FINANCIAL Municipal Bonds, STREET RAILWAY 27-29 R. HT., NKW YORK. M. Smith, Broker in Securities, AllflKV NEW YOMK, CLINTON GILBERT 2 Wall Street, New York. BANK & TRUST COMPANY STOCKS. THE CHRONICLE. 690 Qvnst ©oropauies. Ca a l a nd s^ p lu s [Vol. lxxxi. financial. OFFICE OF THE $10,000,000 Title guarantee ATLANTIC MUTUAL INSURANCE COMPANY, andTRUST COMPANY New January 146 Broadway, New York. 175 Eemsen Street, Brooklyn. M'f'rs Branch, 198 Montague St., Br'klyn. JEacamines & guarantees Heal Instate Titles. I,oans Money on JSon'l and Mortgage. 2furnisli.es Mortgages to Investors. Receives Deposits subject 'o Chech, allowing Interest, Does all Irust Company business. Till STEKS: air>es D. Lynch, John JacoT) Astor, KilwamT. iJeilioni, Edgar l<. Marston, William J. Matheson, Charles S. Brown, .i James H. Ohyhant, Robert Olyphant, Alexander E. Orr, Charles A. Peabody, M. Inoraham, An^nstus i>. Juillianl, Martin Joost, John S. Kennedy, "William Frederick Potter, Charles Richardson, Saulord H. Steele, Ellis L). Williams, Woodbury Laniirion, Louis Winrtmuller. CLARENCE II. KELSKV, President FRANK. BAILEY, Vice-President. EDWARD Manager O. STANLEY, 2d Vice-President. Banking Department. D. Premiums on Marine Risks from 1st January, 1904, to 31st December, 1904. .. Premiums on Policies not marked off 1st January, 1904 BUKDICK, 3d Premiums marked off %n 038 t\n »2 from January, 1904, to 31st Deoember, 1904 $27 5 ,9 26 58 107.14S 14 $333074 72 1st *>3,uie,978 35 Interest received during the year " " " Rent lessTaxes Losses paid during the year whloh were estimated In 1903 and previous years Losses oocurred, estimated and paid In 1904 $318,124 29 771.957 98 $1,090,082 27 $14^,418 20 84.094 99 Less Salvages Re-Insurances 226,513 19 Returns of Premiums and Expenses, $405,721 91 wb3.?>69 08 The Company has the following Assets, viz.: United States and State of New York Stock; City, Bank and other Securities $5,243,600 52 Speoial deposits in Banks and Trust Companies 1,417,543 97 Real Estate corner Wall and William Streets and Exohange 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 policies payable In 241,710 47 351,301 69 foreign countries Cash In Bank Vice-Pres. WKAY CLEVELAND, Secretary. ARTHUR TERRY, Treasurer. FRANK U SN1FFEN, iVlgr. Mnlrs' Branch. $12,63 -.243 93 Aggregating J. A dividend of Six per cent Interest on the outstanding certificates of nroflts will be paid on and after Tuesday, the seventh to the holders thereof, or their legal representatives, of February next. The outstanding 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 next, from which date all interest thereon will cease. The certificates to be produced at the time of payment, and canceled. A dividend of Forty per cent is declared on the net earned premiums of the Company for the year ending 31st Deoember, 1904, for whioh, upon application, certificates will be issued on and after Tuesday, the second of May, next. By order of the Board, ^ccotroiatJls. , LYBRAND, ROSS BROS & MONTGOMERY G. (Pennsylvania) Stephen Glrard Building, PHILADELPHIA. Wall Street Exchange Building, NEW YORK. WM. FRANKLIN HALL, STANTON FLOYD-JONES, Secretary. TRUSTEES. Certified Public Accountants. CLEMENT A. GRISCOM, ANSON W. HARD, MORRIS K. JESUP. THEODORE P. JOHNSON, GCSTAV AMSTNCK. FRANCIS M. BACON, JOHN N. BEACH. WILLIAM B. BOULTON VKRNON H. BROWN, WALDRON P. BROWN, JOSEPH H. CHAPMAN, GEORGE C, CLARK, CORNELIUS ELDERT, KWALD FLBITMANN, HERBERT L. NICHOLAS F. PALMER, HENRY PARISH, FREDERIC A. PARSONS. DALLAS B. PRATT, GEORGE W. QUINTARD, A. A. RAVEN. JOHN L. RIKER, DOUGLAS ROBINSON, GUSTAV H. 8CHWAB. WILLIAM C. STURGES. LEWIS CASS LEDYARD, FRANCIS H. LEGGETT, CHARLES D. LEVERICH, LEANDER N. LOVELL. GEORGE H. MACY, CHARLES H. MARSHALL, W. H. H. MOORE, GRIGGS. Accountant, RAVEN, President. CORNELIUS ELDERT, Yiee-Pres'l. THEO. P. JOHNSON, id Yice-Fres't. A. A. B0ST0N MAS& ^laTate^reir $2,909,343 08 72»,151 84 Premiums Total Marine Charles Matlactt, William H. Nichols, Juiien T. Davies, William J. Kaston, Charles K. Heiidi i.son, Benjamin D. Hicks, John X). Hicks, CTJNTON York, 20th, 1905. The Trustees, in Conformity with the Charter of the Company, submit the following statement of it* affairs on tht jrtt of December, 1004; ' J.AS. L. LIVINGSTON, jd Vice-Pres' Books audited. Examinations and investiga tlons conducted with the utmost NOW care and efficiency. KERR, BEADY. J. C. CERTIFIED PUBLIC ACCOUNTANT WASHINGTON LIFE BUILDING, 141 BROADWAY, TELEPHONE 6942 COKTLANDT. NEW YORK. Hand-Book n January and July by the Publishers OOHMKSCIAL AND FINANCIAL CHBONICLE) (Issued 8eml- Annually Wilkinson, Reckitt, Williams & Co., CERTIFIED PUBLIC ACCOUNTANTS, 5fi Broadway, New V'orb. PHILADELPHIA. rtrmof of Railroad Securities* of the JULY EDITION. CHICAGO W. F.WEISS, CERTIFIED POBLIC ACCOUNTANTS 128 Broadway, New PRICE OF SINGLE COPIES, THE CHRONICLE, OF SUBSCRIBERS TO York. TELEPHONE—8758-8769 CORTLANDT. To Bankers and Brokers LOOMIS, OOMANT & 00. . $1 00 75 in quantities, with their cards lettered in gilt on the cover, at special rates. CERTIFIED PUBLIC ACCOUNTANTS 30 Broad Street, New York. Tel. 4058 Broad. WILLIAM ALFRED ROSE, CERTIFIED PUBLIC ACCOUNTANT. St.. York. Also at Calvert Building, Baltimore. Copies JAMES PAEK & CERTIFIED PUBLIC DANA COMPANY, PINE STREET, CORNER PEARL STREET, New 56 Pine B. may be had in Chicago London from 00., from P. EDWARDS BARTLETT, 513 Monaduock «fc Atlantic Mutual Insurance Compnny Scrip Years Bought and Sold. ol All s£Sc«c CERTIFICATES steel-plate efleot. Also, the cheaper kind, partly lithographed and partly printed from type. 100 Certificates, J3.00 to $85; the latter engraved, with steel-plate borders elegant. Seal Press, II 50; better finished, $2. & CO., 206 Broadway, N.YB. (Telephone.) Engraven and Lithographers. — ALBERT NEW YORK. SMITH, Bnildluir, or la 1 Draper*' Gardens. ACCOUNTANTS 32 Broadway, New York. 234 LaSalle Street, Chicago. Handsomely engraved; Publishers, JOHN M. GILLESPIE, Soom KING 49-61 No. 518 Atlantic Building, Wall Street, NEW MUNICIPAL AND PUBLIC FRANCHISE CORPORATION BONDS Bought and Sold. W. J. HAYES & SONS, YORK. CLEVELAND. ORIO. BOSTON, MAS*.