The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
—
Bank and Quotation Section
State ajid City Section (semi- Annually)
(Monthly)
Railway and Industrial Section (Quarterly)
Entered according to Act of Congress, in
A
year 1904, by WtLLiAM B.
tlie
New
weeftly newspaper entered at Post Office,
VOL.
Street
(^^^4?;^®^)
in the otfice of Librarian of Congress, Washington, D. O,
York, as second-class matter— Wiixiam B. Dana Company, Publishers, 76}4 Pine St., N. T.
SATURDAY, AUGUST
79.
Railway Section
Dana Company,
NO.
1904.
20,
2043.
Week ending August 13
Clearings at
1904
1903.
Inc. or
1902.
Dec
PUBLISHED WEEKLY.
Terms oi Subscription— Payable in Adrance
$10 00
For One Year
6 00
For Six ilouihs
13 00
European subscription (including postage)
European .subscription Six Months (including postage)
7 50
£2 148.
Annual Subscription in London (including postage)
Six jMonths Subscription in London (including postage)
£1 lis.
Subscription includes JoUowing Sections —
STATE AND City (semi-annually)
Bank and QnoTAiiON (montWy)
RAILWAY AND INDCSTKIAL (quarterly) STREET KAIL WAY (3 times yearly)
I
111,258,510
5,434.700
2,228 926
Boston
f roTldence
lilartford
472.056
310,538
117,042,399
5,801,000
2,294,338
1,422,444
1,358,783
1,411,804
1,167,410
803,692
650.153
385.216
305.679
126,510,422
142,976,882
—115
134.465,941
132,648,97)1
162,408,087
25,692,500
12.I1H.97G
12,695,626
156 707,912
21,178,300
15,350,135
12,986,756
+36
149,768.099
20,474.950
14.838,105
141,314.806
16,660 200
11.797.81)1
8.89(i,o88
7.6^6.901
6,487,961
3,791,300
3,501,340
2.402,232
2.159.549
1.622.035
935,761
14,428,388
5,715,203
3,609.082
2,943,700
2,772,923
2,201,549
1,340,025
1,180,178
New Haven-
1,8.55,410
Sprinefield
1,331,632
1,196,561
1,504.247
512,463
446,007
832,852
414.514
Worcester
I'ortland
River
Lowell
Fall
New Bedford
Holyoke
Total New England.
—11-4
-14-3
1.364
-2-4
119,847,600
6,056.600
a,544.219
1,450,385
1,475.348
1,457,
1.496,
-17 9
t 534,,S56
-t-0-5
1,434.475
798.134
511,690
125,.563.
6.343,
2.«7S,
1,H75,
639
464
532,
362
—22
—11
—19
9
-3»-S
—37 6
H4-4
-
|
Terms
ot Advertising-
—Per
Inch Space
Cblcaso
Transient matter per inch space (14 agate lines)
Btandine- Business
Bimlnps-) Cards
Onrds
Standing
(
Two Months
'
'^'hree
-,
(
Months
^^^ jionths
Twelve Months
$4
22
29
50
87
(8 times)
(13 times)
(26 times)
(52 times)
20
00
00
00
00
LONDON AGENTS:
&
Edwards
Messrs.
Smith, 1 Drapers' Gardens, E. C, will take sub
of the paper at Is.
DANA COOTPANY,
WIIililAM B.
I'ine Street,
Post
Corner
ol
Evansville
],38l).Hb3
Columbus
Toledo
Akron
Pnbllsliers,
589,000
706 921
391,027
Spritiprfleld. Ill
Pearl Street,
NEW VORK.
Box 9d».
Office
Grand Rapids
Dayton
6.536,111
4,360,200
3.807,101
2,455.790
2,023,088
1,435.045
Peoria
and advertisements, and supply single copies
•criptions
each.
Cincinnati
( leveland
Detroit
.Milwaukee
Indianapolis.
Younestown
Kalamazoo
Spriiigtleld.
GLEABINQ MOUSE RETURNS.
713,ril8
53ii,210
Lexington
Canton
Rocktord
,
,
O
347,90,
Bloominsrton
Qumcy
Decatur.
The following table, made up by telegraph, etc., indicates .Vlansfleld
.Jacksonville
that the total bank clearings of all the clearing houses of the Jackson
United States for the week ending to-day, Aug. 20, have Ann Arbor
Total Mid. Western
been $1,890,269,702, against $1,749,912,253 last week and
San
i<>ancisco
$1,865,633,902 the corresponding week last year.
Los A np;eles
1904.
New York
Boston
PhUadelphia
Baltimore
Chicueo
St. Louis
New
Orleaus
Seven
Other
cities, 5
cities, 5
days
5 days.
all cities,
All cities, 1
,
Salt
day
Lake City
-11 Tacoma
—1 ro Helena
$929,323,482
101,222,839
85,460,751
16,435.418
159,138,373
89.844,967
10.196.907
fl.321,450,303
260,497,826
$l,ai 1,622,737
254,869.714
-1-5
+2-2
$1,581,948,234
308,821,468
*l,596.49a 451
269,141.451
-09 Denver
-9-2
—
3-7
+4-3
+11-4
—8-8
Fargo
Sioux Falls
Total Paciflo
all cities
+14-6
for week.
$1,865.633 902
$1,890,269,702
+i-y
1904.
I
'
*
New York
Phlladolplila
PltLsburah
Baltimore
BufTalu
WaBhinuton
Albany
I
.
'
+2-1
+6-2
+20-5
-7-f
Des Moines
Hiirre
-3-0
-12-8
+14-6
-1-7
-10-5
l,17 2,65^ —20-2
2.935,7.55
2.0()8,.3S((
S.iiiM.'jHn
3.035.761
1,9HI,218
2M)7.813
2,1113,055
1,2; 1,800
1,1M0,9.30
Ctawtor
,S2I.!!«0
RoadiuK
Total Middle
883.927
73S,420
380.400
75;M,0!Jfl
Oreen(ii)urtf
P«
l,a)2.552,608 1.028.605.902
-13-9
9 1.327. 5117
102.735,027
-4-3
3 7. 30,;. 270
31.370.438
-14-5
24.y54.47H
IH.177.531
-8-9
5.ShH,72H
6.029,4(l,s
3..^i'.i.i)(!:)
691,471
410,500
;i4 4.560
Krle
rrankllu,
"o
40.'H,828
428,044
551,954
225,071
49M.780
186,703
1,04M,«94
Not
IlKlurt..
1,165,647,648 I,3!ii8.808,821
1
-175
- 6-(»
+5-4
- l.-)-6
-25
030.290
1,129.939
1,400,526
1
-HO
1.743.925
1,090.413
1,086,229
d
III
to
—130
-on
1,260,521
742,110
547,651
422 127
149,252
04,096,206
59,731,890
40,534,246
20,324,570
12,696,149
18,418,241
10 470.180
6,015,073
4,331,641
4,689.516
4,538,511
0,493.,H00
5,468,33
4,339,99,s
4,588.919
2,074.25*
1,504,401
+7
3
-2-0
+1-4
+16-5
-20-2
+27-7
+0-5
089,110
340967
182,003
1,5.57,617
1,0,36.652
715.336
152,154
1.188,807
984,204
468,521
771.357
148,975
60.742,866
54.889,165
45,080.63'
39.707,215
7,470.703
7,487.609
3.809.863
3,112 000
3,11.\2I8
2,«I9,014
1.911,388
1,073,7
816.645
475045
9,978,863
7,961.869
5,600,000
3,233,000
3,825,168
2,278,860
1,827,946
1.995,090
1,484,314
1,294,052
1,373.907
843,919
748,244
603,002
725,190
36\S
^5-7
103
29 3
-62
+13-6
+0'8
i
Llll,168
In to tal.
+ 18-1
+60-6
4-31
l,80li,475
1,37S,137
1.133 903
1,323,096
765,409
602,584
925,088
499,786
+9-2
+8 2
-100
+40-ti
d in to inl.
ColumbuR, Qb
'lot .il Southern
all
New
45.908,040
+510
-51-4
Outside
25,870,095
3,105,668
2.862,181
3,117,060
2,155.993
1,100,000
—24-4
-8-2
+86-6
-H-2
.M:icon
Total
210,762,248
26,366,715
4.799,912
4.586,081
3,337,829
2.704.969
1,559,864
1,433,720
491.444
397.074
230.432
+59
Not include d
84,000
203,798
146.177
70.075
228 249,748
+ 10-1
ChiittanooKa
Vork.
433.000
475.000
360.000
327.891
43'7,o66
466,930
310,098
-K)-3
yo.4:io,oo
78,607.376
—90
2.flJ}5,533,42
I.715.92.S.221
'737,980,81
687,.'<22,309
—
2-6
757,765,801
78,172,042
761
21,851,037
14,3H2,675
4.016.969
+4-3
18.731,760
17 6IU,960
+,'t8-9
2, 22.;, 223
1,868,781
2,073,087
-;)-3
1.89(i,740
+ 12-8
1,742,072
CANADA—
.Montreal
Tiironio
644,205
702.511
300,600
433.898
239,133
Halifax
Ottawa.
29h2lK)
346.375
850.700
uiicbec
705
687
125
043
209
Viiiioouw^l!.
ilHinlltnn
St.
.lohn
London
Victoria
1,198.586.205
+60 6
+ 13y
+13-2
+4-9
Houston
49,j,5ll
tal.
+3-5
-0-6
+5-8
4.140,999
3,826,438
2,000,127
Louisville
WinnlpsK
-170
+90
—0 07
+193
990 186
Topeka
Davenport
8.H0,113
49H,7C.O
—6-8
5,.594,685
HoMiiraont
Jacksonville
-134
+16-6
+3-8
21,547,729
11,579.012
6.925.059
Charleston
1901.
2,478.877
1.250,00(1
BlnKlmniion
1902.
!).1(!«.245
1,050.923
985.327
Whee.liiK
or
Dec.
l)u;.
.S,42.').77a
ByracuMB
Wilmington
I
992,146,392 1,14.M.S4,.584
97.1!Mi,yi4
83.698,493
39,715.069
4 l,r,^ 1,(570
21,r,lil.427
18,464.915
6.122,194
(;,7..'2.212
Monhe.iter
Sorantdii
WlikcH
1003.
6
9
51,197,619
I'aul
31S.350
387,189
258.012
224,393
272.573
195,183
224,183
159,339
72,^54
-2--
50,610,919
Joseph.
liirmingham
Knoxville
CUarlnas atr-
+9
840.125
651,500
522,340
489,958
427.425
420,704
324.863
357.879
307,489
246,970
200,456
413,3.")6
+81
+8-5
AuKUSta
Little Rock
IVeek ending Aitgust 13.
+9 3
+22-8
-5-5
+1-4
-10-1
+11
13,3i;5,995
578,700
543,158
446,306
560 308
486,479
-37-4
171,920
84,33
week, covering the returns for the period ending with Satur- (ialvcstou
Richmond.
day noon, Aug. 13, and the results for the corresponding Kavannah
week in 1903, 1902 and 1901 are also given. Contra.sted with Memphis
Atlanta
the week of 1903 the total for the whole country shows a loss Nashville
Norfolk
of 9-0 per cent.
Outside of New York the decrease from 1903 Fort Worth
per cent.
-101
+140
230,9?
..
is 2-6
+47-6
+126
—11
Kansas City
2,413.891
1,767,«61
1,482.403
1,135,178
-11 5
1,828, 760
646, 508
500,,272
235, 215
the
We present below our usual detailed figures for the previous
3,4.89.076
—63
80,640,991
5,891,582
4.000.000
2,406,653
3,337.735
2,141.6,M
1.728,02^
402.721
439,304
208,960
Minneapolis
Wichita
week covered by the above will be Colorado
Springs
given next Saturday. We cannot furnish them to-day, clear- Fremont
Cedar Kaplds
ings being made up by the clearing houses at noon on SaturTotal other West'rn
day, and hence in the above the last day of the week has to
Louis
St.
be in all cases estimated, as we go to press Friday night.
New Orleans
full details for
+8-7
+2-2
+ 1.5-0
28,527, .526
6,420, 73'
Oraalia
SL
+08
6,983.609
4,812.052
4.146,850
240,755,400
3,454 8.55
2,128 162
Portland.
— a-2
+167
249.836,427
3,997, 145
2,871, 744
Spokane
j9 1 8,899, 163
89,476.674
77,599,916
15,824,989
185,957,317
44,394,237
9,298,013
361,688
398,635
309,505
193,303
250,489
175.612
98,381
Siou.x City
Total
The
days.
P. Cent
1003.
8t.
Total
,
Seattle
Clearings— lieturns by Telegraph.
Week Ending Axtgust 20.
506.827
449,695
655,000
610,534
025,470
652.892
435,755
536.118
443,50
386,435
834.608
363,793
276,723
188,154
+21-3
—21-0
Total Canada.
1.3M!^.M2n
498
000
707
1,!W2.470
',074 .OV
y^iMO .«!
792.833
K17.IS4
62,352,000
60.791,110
-30
+85
5
+ 3-3
l,24f^,-.2
ll:."<.J92
15.041. .597
10,H73.651
1,714,568
1,600,000
1.
76,683
1,405,536
-170
sun
.",33
7.59,184
-7
+23
7HM.49,H
890,887
— 32
(I
+B1
"(lO.tKIO
.'l,-,2 r.40
iii4.5gil
~47;f387145
~B;676,l8S
THE CHRONICLE.
700
[Vol. Lixix.
It. aeemi, according to a dispatch from Wastiingtoii
published in the "Sun" of Wednesday, that "the
THE FINANCIAL SITUATION.
The war between Rassla and Japan seems speeding
towards its end. This conclusion was quite folly ac
cepted on Monday when the unexpected news reached
the outside world of the scattering and serious crip
pllng by the Japanese of the Port Arthur and Vladl
Since then the successes Id
Yostok Russian fleets.
those encounters, though extremely Important, do not
American Government has weil-defiaed views with
regard to the contention of Russia that the neutrality
of China was violated by the capture of the disarmed
Rasslan destroyer Ryfshltelny in the neutral harbor
'^
Ohefoo by the destroyers in the Japanese Nivy.
This announcement appears much like a case of
undue haste; it Is meddling with an slf ir not our
More Russlat^
look as complete as they at first did.
own concern, and pronouncing judgmeat In a matter
yessels have survived the contests than appeared likely
about which even the facts have not as yet been dewhen the earliest news was received; that is to say, termined. A little more modesty, a little less of what
what are left seem to be more formidable than the locks like officlousness or snobbery, would be more beearlier outlook promised. Sufficient, though, has beei
coming and effective. Bat, aside from that, is not
accomplished to change the face of the situation.
the principle at stake one that our Government should
We must admit that it had begun to look a« seek to modify and about which it should be chary
Japan had lost in large part the control in taking a decided position. So far as the principle
if
of the seas, and as if that control might soon pass at
issue covers a question of life, a vessel that sneakt
over to Russia. The successful raids, first on Japainto a neutral harbor after it has been virtually beaten
nese transport ships and subsequently on the com
sbould undoubtedly to that extent be protected, and
merce of the world by the Vladivostok fleet, aided later Ikewise the neutral should be protected from any
by the converted cruisers and unhindered by Japan, violence inside its domain; but that the neutral should
put an embargo
until Rassla had thereby almost
bave the right to keep the vessel until the war 1»
upon all trade with Jtipan, were felt to be a highly dis- ended and floally deliver it to the original owner
appointing and discouraging feature in Europe and
ippears to us to be entirely wrong and without good
America. Those sallies showed great cleverness and reason.
courage, added to almost intuitive knowledge, enabIn the present ease, it is to be remembered that
ling the officer in control to know just when, where
Japan has made immense sacrifices ol life and money
and how to strike most eflectively and get safely un- tn keeping her fleets afloat in position near Port Arthur
der the protection of Vladivostok guns again without
>ind Vladivostok to watch and prevent the Russian
harm of any kind. It wore the appearance for a time, fi<jetB from getting out of their hiding places and
to those who were being injured, much as if the RusUnder
working destruction to life and property.
sian vessels were charmed and the Japanese comthese circumstances it has so happened that the
mander was asleep. Those views were the result ol Vladivostok ships have on occasions succeeded in
hasty and impatient judgment which the week's
escaping, having eluded the blockading vessels, and,
events have rectified.
if the facts are as reported, sunk Japanese merchantThe current news has likewise been of a character men with their cargoes and left the men on board to
to lead the public to expect very shortly the capture
save themselves or drown; and have also with other
by the Japanese of the fortress at Port Arthur. It vessels flying the Russian flag assisted in putting
will be a wonderful triumph, an epochal event lo
an embargo on Japanese trade ard on all trade of
Japan's history, if success is achieved. The capture,
furthermore, will go very far towards proving that nIc must go
fort or fortress can be made impregnable.
very far, too, towards ending the war. Russia and
its public men and generals have repeatedly said tha'
the war would be continued until that nation con
Tnat is but a vain boast. Very likely those
quers.
who make
it
believe
it.
Russia's bulk has
all
along
deceived European nations, and it is quite natural
its size it should deceive itself.
It doee
that with
of
nations that Russia chooses to declare contraband.
<i\\
We
do not object to
ssume the same to be
state them to show the
belligerents and to the
any part of these doings but
legitimate warfare.
We
equities attaching to
the two
only
one-sided part neutrals have
The
flnal acts were the sortie of
Port Arthur and of August 14 at
Vladivostok, at both of which points the Rasslans
failed in their object, and the Japanese were succesiful In defeating and scattering the Russian vessels,
lo that encounter, when the Japanese had got the
Rjsslans on the run, any vessel that was hard pressed
took to a neutral port and became safe from Its pursutr because it could disarm and run the risk of getting
out and off on some future occasion for Japan could
Qot afford to have an armed vessel continuously outside
on watch or if escape became impossible the disarmed
^lajed since.
August 10
at
though, count for much as a test of endur
Tiitre has been many a ''tail bully" com
polled to lick the dust before a smaller antagonist.
Even Goliath found the sling of David too muob
Promt
for him. But there are more weighty truths.
nent among them is the fact that a government
like Russia's cannot have the kind of staying qualities
which a long war calls for. Russia is likewise espec- vessel would be kept in safety for Rassla. We do Lot
Its
ially vulnerable in a most Important particular.
consider that to be just; nor is it neutrality, nor even
debt is enormous, its foreign borrowings are peculi- a doctrine which Is in the Interest of the United
arly placed, and its credit would be in great danger oi States to help perpetuate.
Ii may be that the precbeing overstrained by the continued putting out of new edents do not favor the even-handed view we have
loans which a war as costly as wars are in these days suggested.
If not let us do our best to make a prec-
not,
ance.
—
—
would
entail.
diate
issue
We
witJi
might add further that the imme edent.
Japan is remote^not one which
touches the deeper or homo interests of the Russians;
it would not move them to submit to extreme deprivations in its attairment it evidently is not what is
sometimes called " a last ditch" affair.
—
Our stock market has been strong
as a rule under
he foregoing and other Irfluences. The feeling no
doubt pievalls that after the fortress at Port Arthur
Is taken, the war will be greatly restricted in its possl-
Aug. 20
THE CHRONICLE.
1904.]
ble htoiui ioc«mmerce, bvenlf It be not apetdily ended.
An end to the contest would probably be of great
aeivlce in opening more fully than ever before all the
701
breadsiuSs
of
and
cottun
were,
August
reasons, unusually short.
for
well-known
for the
also will
same reason be below an average; but after that cotton will become a factor in the movement, and bread-
Far East to trade with outside manufacturing naand hence would be a result of wide industrial stoffj also If the speculation now current does not
The real strength of Aneit the outflow.
benefit in Europe ard America.
that the tone and
fact
the
in
seen
is
market
our stock
the
face of the lessin
The foreign exchange market, after declining
moyement have been sustained
favorable reports current as to the wheat and corn sharply because of the absence of urgent demand, incrops, colder weather and rumors of prospective frost dicating that the short interest in exchange had been
being added to aid the speculative advances in th^ closed out, has maintained a steady tone. To a modmarkets for those cereals. It is well enough to state erate extent operations in that class of finance bills
that the frost failed to make its appearance, so that known as sterling loans were resumed for the first
While the time since their suspension in the week ending July
wheat and corn declined materially.
now in progress in those 23 in consequence of the derangement to the London
speculation
active
cereals continues, it will be well to suspend judg- discount market and to our foreign exchange market
ment 88 to the rumors of further damage daily resulting from the development of the MalacQa input afloat. Besides that feature, another import- cident. The borrowers of these bills now expect to
adverse development was the cut in wiri^ procure sight drafts for the repayment of their loans
ant
and wire products. The report at the momett at a price sufliciently low to enable them to profit to
Bat wit.h the the extent of the difference between the cost of the
is that the cuts will not extend to rails.
Gorporati)u ninety-day borrowed bill and the demand draft which
United
States
Steel
and
the
break started
becoming a party, a widening tendency until it takes they will require in November, even if they shall not
in billets, rails, etc., does not appear to be improbable. meanwhile realize any advantage from the loaning in
At the same time, up to the close of the Stock Ex our market of the proceeds of the borrowed draft.
change yesterday, the new development had no further Operations in other classes of finance bills of a specudepressing effect on the securities of the United 3:ates lative character which involve the drawlog of a ninetyday sterling bill and the loaning of the proceeds by
Sieel Corporation than the drop in values which ac
companied the earlier rumors of the previous week- the drawer in the expectation of covering the bill at
The fight seems to be a bitter one and it is impossible a profit at maturity which operations daring May
at the moment to measure its extent or harmfulness. and June created a large short interest in the market
No doubt cheaper iron and steel will increase business, in July, contributing to the argent demand for coverand if the cuts are not deep enough to take away ing do not appear to have been resumed, though if
tions,
—
—
jftll
profit, the net
m»y continue
there shall be a farther recession in discount rates at
large.
London and
The Barean
of Statistics kaa this
week brought down
statement of the foreign trade another month.
This compilation covers July and is particularly
noticeable because the merchandise exports are so
small.
We have to go back six years to find a total
as small.
The merchandise exports last month, July
1904, were $84,883,431 and in August 1898 they were
It will be remembered that 1898 was
184,665,661.
That year was
for several important reasons notable.
its
a firmer tone to our time-loan market,
it
probable that these operations will again become
Important.
is
Bankers who are competent judges of the situation
("xpress the
opinion that
money
if
shall continue to
market and shall remain without material change, though normal, in London, rates
for demand bills will not fall much below 4 85, even
during the height of the cotton export season, because at or about that rate there will be an argent
rule at low rates in our
War; It began in April Inquiry for long sterling for Investment to employ the
and the preliminary peace protocol was signed aad proceeds of such bills in the London market, and
military operations suspended on August 12 of the this inquiry will naturally affect the price of short
same year. After its earlier stages were passed the sterling. If that forecast is correct, there would seem
the occassion of the Spanish
war benefited instead of harmiog trade. Another
event which had a stimulating infiaence on industrial
aSciirs late in the year was the State and Gongreesional elections and the remarkable success of the
sound money party, carrying not only the House of
BepreaentaMves, but the Senate by a good working
majority.
The Republican Pdrty that year stood
everywhere and unequivocally for a gold standard, and
tho capture of the Senate took away from the silver
party all the dignity and force it ever possessed.
We refer to these events because that war and
that election
made 1898
tory of our industries.
a pivotal year in the his-
Oar annual exports
in that
calendar year took a leap forward, aiding about 200
million dollars to the total merchandise, and has
never since gone backward; nor is it likely that it
ever will.
Tnefact that one month's exports in 1904
parallel one has to go so
back means nolhiog in this case as to other
months. Wo all know that the exports were phenom
enally small in July this year because the items
are so small that for a
to be little prospect of large profits resulting
from the
negotiation of either class of the sterling finance bills
above referred
Tne
this
rise in
to.
open market discount rates at Paris
week from 1|
to
li@lf
per cent led to the dis-
drawn on Paris
sime speculative caaracter as those above noted
drawn on London had been negotiated to a considerclosure of the fact that fiaance bills
of the
made having been forwarded
by the purchaser to Paris for discount. The relatively
lower rates for money at Paris than in Ndw York
made such operations advantageous because, in ad-
able extent, the drafts so
dition to the expected profit resulting
ence between the long
bill
drawn and
from the
dlffar-
the short
bill
which would be required for the reimbursement of
the credit, the drawer could raallz) a profit through
the loaning of the proceeds of the long bill for ninety
days in our market.
far
It is pleasing to
York State keep
note that aavinga dopoalts in
steadily growing In magnitude.
New
Toe
702
THE CHRONICLE.
[Vol. Lxxix.
reuctiou whloQ ima oueaexperleneedla trade for about higner at, P<%t\b and i@i per cent stronger at Berlin
a year and the numeroas Btrlkes and labor troablea and Frankfort. It is reported from St. Petersburg
which have been a feature of the last twelve months that a new internal loan in the form of State four year
are plainly factors that would tend to Interfere with rente notes, amounting to $60,000,000, bearing 3*6
the practice on the part of the humMer classes of lay* per cent interest, has been issued, and it is rumored
Ing aside money oat of the proceeds of their toll. that a loan for $100,000,000 has been placed in BerMany persons, therefore, have been Inclined to think lin.
that the presence of these adverse Inflaences would be
reflected In the semi-annual return for the Ist of July.
The
feature of the statement of the
New York
Asso-
Bmks last week was an Increase of $2,162,400
in
net in cash. Deposits were augmented $2,919,100,
Instead, the fii^ures show further expansion both
the total of deposits and in aggregate resources. Of resulting in an increase of $729,776 in reserve requirecourse the fiction that the deposits in our savings in> ments, deducting which from the gain in cash left
stitutions represent merely the hoards of the poorer $1,422,626 as the Increase in surplus reserve, to $67,classes has long since been dispelled. It is known that 731,476, the highest since July 2 1898. Calculated upon
many Individuals of means use them as well, distrlbating the basis of deposits less those of $23,374,200 public
their accumulations among a number of different banks, fucds, the surplus is $63,576,026. Loans were Increased
since no interest can be obtained on amounts in ex
$1,014,500, probably the result of syndicate borrowNevertheless, ing. It Is expected that the cash reserve will be
cess of $3,000 in any one institution.
these eavings bank deposits may properly be con- further increased this week, the Assistant Treasurer
sidered accumulations of wealth, even though they do having been almost daily a debtor at the Clearing
not belong exclusively to the wage-earning portion of House. The statement will probably reflect, among
the population, and we need hardly say that additions other items, the average for five days of $1,600,000
of any kind to the wealth of a community are always gold withdrawn from the banks on Fridaj of last
desirable.
The totals of the savings deposits of the week for shipment to H ^vana, the average for three
State are now up to the magnificent figure of $L,166,- days of a like sum withdrawn on Wednesday and the
091,444. List January the amount was $1,131,281,943, average for one day of a similar amount taken on
a year ago on July 1 it was $1,112,418,662. Tne in- Friday, also for export to Havana. The shipments
crease for the twelve months, therefore, has been over next week will amount to $2,500,000, completing the
63^ million dollars. If we go a little farther back, sum of $10,000,000 to be paid on acconut of the
say to J aly 1 1897, we find that the total then was Cuban loan which was negotiated by Speyer & Co.
only $741,474,846. la the period since then, there- There were transfers hither of $196,000 from San
fore, the addition has been over 424^ miliioa dollars. Francisco during the week, and payments of $523,000
Only in this way does one get a proper idea of the Seattle Assay Office checks for Klondike gold, which
extent and magnitude of the growth which has oc- will also probably be reflected in the bank statement.
If aggregate
curred within the last few years.
comparison,
the
taken
the
basis
of
resources be
as
Money on call, representing bankers' balances,
same feature stands revealed. For these aggregate loaned at the Stock Exchange this week at 1 1-10 per
resources have now reached the prodigious sum of cent and at ^ of 1 per cent, averaging about f of 1 per
The corresponding item July 1 1897 cent; and daily, with .the exception of Thursday, when
$1,276,189,167.
was only $839,671,900.
^ of 1 per cent was recorded, the minimum was at f
Time loans on good mixed Stock Exof 1 per cent.
Figures of anthracite coal production have been change collateral were quoted at 2 per cent for sixty
given out for July and the seven months of the calen- and 2| per cent for ninety days, 3 for four and 3i for
dar year. Of coursa, as contrasted with the output five to eight months. The offerings for the shorter
last year in this period, there is a falling off, because in dates were chiefly by foreign bankers who sought to
1903 mining was being prosecutod on an unusual place the proceeds of finance bills, and one feature
scale to make up for the deficiency of yield in 1902 was a fair demand for money for four months to tide
Commercial
occasioned by the prolonged strike of the miners. As over the active crop-moving period.
compared, however, with the years preceding 1903 paper was in good request but the supply was only
Eates were 3|^4 per cent for sixty to
there is satisfactory increase. For July 1904 ship- moderate.
ments to market are reported a3^4,623, 627 tons, against ninety-day endorsed bills receivable, 4@4^ per cent
6,377,496 tons in Jaly 1903 but as against only 269,- for prime and 44(^5 per cent for good four to six
079 tons in 1902, when the miners' strike was in prog- months' single names.
In July 1901 shipments were 3,699,628 tons
ress.
The Bank of England minimum rate of discount
and in J aly 1900 they were 3,696,729 tons. These
The cable reports
figures for a single month obviously are not so use. remains unchanged at 3 per cent.
fnl or conclusive as those for the whole of the seven discounts of sixty to ninety- day bank bills in London
months from January to July. In that period in 1904 2|@3| per cent. The open market rate at Paris is
the shipments reached 33,880,734 tons, which com- U@'f pof cent and at Berlin and Frankfort it is
pares with 37,262,447 tons in the seven months of 2i®i per cent. According to oar special cable from
1903 but with only 19,083,162 tons In Uie s«vea Loudon the Bank of England gained £815,136 bullion
months of 1902. In the corresponding period of 1901 daring the week and held £35,771,195 at the close of
the amount was 31,219,127 tons and in 1900 It was the week. Oar correspondent farther advises us that
the gain was due to the import of £290,000 (wholly
26,278,606 tons.
bought in the open market), to exports of £52,000 (of
in
official
no
change
rates
There was
of discount by which £30,000 to Argentina and £22,000 to Gaajaany of the Earopean banks this week and, compared quU), and to receipts of £577,000 net from the interior
with last week, unofficial or open-market rates were of Great Britain.
316 of 1 per cent lower at London, ^ of 1 per cent
ciated
.
.
Aug.
lorelga exchange market, after falling off
sharply for sight on Monday, influenced by large
purchases of stocks for London account and by the
conviction that the short Interest had been closed out,
The
then became dull and
seems to have
remittance
for
demand
The
firm.
which
has been just
business,
counter
to
been confined
keep
and
the mar
offerings
about sufficient to absorb
partially recovered,
and
Yesterday the
bills.
first
new crop
bills
cotton
anticipation of that
703
The following shows dally posted rates for exchange
by some of the leading drawers.
DAILT POSTKD BATES FOK FORBIOIT EZOHAHOB.
movement, and factors
at
New
Orleans are reported to be unwilling to coDtract for
the delivery of cotton bills in October at less than
4 8H. As above noted, operations in that class of
MON.,
Fei.,
Aug.
it
were reported. The period is close at hand
exports should be a leading feature.
when
few offerings of commercial bills in
been
There have
cotton
—
..
THE CHRONICLE.
20, 1904.]
ket almost bare of
.
Brown
1
486
4H9
4 8««
4 89H
i
4 86
)
Brothers
i
Barinn,
(
Magoun &
60 days
Sight
60 days
.
Sight..
60 days
No. America.. ? Sight..
Bank of
i 60 days
Montreal
J Sight..
Canadian Bank 5 60 days
of Commerce.. \ Sight
Heldelbaoh.Iok- (60 days
elhelmer s. Co. ) Sight
Lazard
5 60 d»y8
Frereg
} Sight..
Uerohantg' Bk. ( 60 days
of Canada
J Sight..
Bank
Co.
British
12. Axig. 15,
.
Tubs.. "WKD.. Thpb., FBI.,
Aug. 16, Alig. 17, Aug. 18. Aug. 19.
86
8»
86
80
sm
am
sm
88
b9
86
89
86
89
88
89
88
89
86
80
4 8»
4 8A
4H»
4 86
4 80
483
iSi
4 86
4 89
4 86
4 89
89^
86
89
86
8tf
86
89
86
89
SH
89
86
89
86
89
86
80
8e«
8B^
89
86
89
F6
80
86
89
86
89
86
89
86
89
89
86
80
86
89
86
89
86
89
86
89
86
89
86^4
86
8»
86
89
80.
89
86
S9
86
89
86
86
89
89
The market closed on Friday at 4 8646^4 8555 for
8810@4 8816 for short and 4 8860@4 8866 for
which
appear
Commercial on banks, 4 8626@4 8636 and
to
loans,
cables.
sterling
as
known
bills
finance
month,
are
being
for payment, 4 8440^4 8690.
the
documents
early
in
Cotton for
have been suspended
bills
and payment, 4 8440@4 84^ cotton for acceptance, 4 8626
resumed, the bankers negotiating these
the borrowers thereof expecting to realize more or @4 8536, and grain for payment, 4 8680@4 8590.
long, 4
;
less
important
advantages
through
the
procure-
ment of coverings with sight exchange by the time
these finance drafts shall mature. The most attractive
form of finance bills now seems to be those of a speculative character
in francs because of
drawn
Week ending Aug.
be required for covering at
as evidence of the negotiation of
the franc finance bills was not disclosed until this
week, when It was shown by the rise in open-market
discounts in Paris, it appears probable that concur-
Gold
Total gold and legal tenders.
in sterling finance bills
who had
the result
is
and therefore that franc finance bills have
been negotiated in consid.erable volume; should this
view prove to be correct, the drafts will most likely
mature in October and November, when cotton will
probably be exported in large volume, and the move
ment will be financed largely with French capital. It
would appear from the fact that long sterling has
money
JVet Interior
Movement.
t5.911,000
1.124,000
$4,040,000
864,000
Gain. $1,671,000
Gain.
260,000
$7,036,000
$4,904,000
Gain. $3,131,000
as follows:
Week ending Aug.
Sub-Treas. oper. and gold^exports.
Total gold and legal tenders
The following
In
Net Change in
Out Of
Banks.
Into
Banks.
10, 1904.
Banks Interior movement as above
Bank
$7,085,000
27,000,000
$4,904,000
33,600.000
$34,085,000
$38,404,000
table Indicates the
Boldingt,
Gain. $2,181,000
Iioss.
1,500,000
Gain.
$641,000
amount
of bullion
the principal European banks.
negotiated such drafts re-
sorted to franc bills in order to renew or extend their
of
banks.
With the Sub-Treasury operations and gold exports,
rently with the recent covering of
acter, the bankers
New York
Received bv SMvped hv
N. T. Banks. S. Y. Banks.
19, 1904.
Currency..
will
the short interest
of the same speculative char
movements
gives the week's
and from the Interior by the
the rela-
tively higher rates for money ruling here than in
Paris, which enables a profit to be made through the
loaning of the proceeds of the finance bill in our mar
ket In addition to the profit resulting from the differ
ence in the price of the ninety-day bill now drawn and
the sight draft which
maturity. Inasmuch
The following
to
August
Bank
18, 1904.
AUfrust 20, 1903.
of
operations,
England™..
France
Germany..
Russia
Aus.-Hun.
Gold.
Silver.
Total.
Gold.
Silver.
lotal.
£
£
£
£
£
&
35,771,196
35,737,797
35,771,195
107,876,6(19
33,996.000
93,681,000
44,8fll.816 162,738.485 102,889.6^5
45,941.000
36,151.000
8,625.000 108,8*6,000
11,946,000
85,787,797
44,969,011 147,268,696
12,361,000 47,602,000
8.776,000 90,023,000
18,818,000 58,216.000
48,265,000
12,543.000
60,808,000
Spain.
14,';6?,000
80,267,000
89,080,000
81,847,000
45.898.000
14.616,000
20,096,000
34,712,000
Italy
22. r. 8.000
8,967.700
26,075,700
19,198,000
2,898,800
5,479,900
6.396.900
11,876.80(1
3,94?,fl00
6,454.«00
81,494.800
10,397,600
3,046,000
1,623,000
4,669,000
2,896,667
1,448,838
4,345,000
Netherl'ds.
Nat. Belg.
been comparatively firm this week that not many
speculative finance bills drawn on London have been
negotiated, though offerings thereof may possibly
have been large and been absorbed for remittance.
Gold exports during the week were $3,000,000 to
Havana, half of which went forward on Thursday and
Tot. week.
Tot. pre v..
the remainder to day (Satmrday). Gold received at the
so
364.986,764 110,119,416 475,066,180 340,484,749 109,2 i2,U44 449,696,793
35S,855,f60 108.790.733 467,e46.29R 340.2U6.099 109,253,98M 449,660,087
NOT A GOOD TIME FOR STRIKES.
There is something exceedingly sitrnificant In the
almost uniform way in which important labor troubles,
common
the present year, are resulting in the
Custom House, $72,202.
defeat of the striking employees.
Not to mention
Nominal quotations for sterling exchange are 4 86@ minor labor disputes, the masters' and pilots' strike
4 86^ for sixty- day and 4 89@4 8H for sight. Rates for on the Great Lakes turned out disastrously for the
actual basiness on Monday were, compared with those on men; after six weeks of idleness they returned to
Friday of last week, 6 points lower for long, at 4 8640 work without having gained anything, and acknowl04 8550, 20 points for short, at 4 8795@4 8810, and edged themselves beaten. The strike at the beef10 points for cables, at 4 8855@4 8866; the market packing establishments in the leading cities throughwas weak In the absence of demand. Oa Tuesday out the country Is plainly tending to the same end;
short recovered 5 points, to 4 88@4 8806, but cables the force of new men, to take the places of the union
men who have quit, is steadily being increased, and
fell off 6 points, to 4 8860@4 8860; long was unat
quiet
the packers are turning out a large percentage of
changed. On Wednesday the markot was
unaltered races, but on Thursday it was steady at an their normal product so much so that wholesale
advance of 5 points for short, to 4 8806@4 8810, and prices of meats have dropped back again after the
of 5 points for cables, to 4 8865@i 8866; long was un- sharp rise that occurred at the beginning of the outchanged. The tone was firm on Friday at an advance break, when everybody talked of a possible meat
—
of 5 points all around.
famine.
THE CHRONICLE.
704
It
is
a
little
Blngnlar that labor leaders
headed union men shonld
and hot
not heed the lesson which
these defeats so plainly teach,
and particnlarly that
the anions la the building trades In this city should
Inylte similar disaster for themselves by entering upon
a general contest with their employers. The times
are wholly unpropltious for objectionable measures
calculated to embarrass employers or tending to give
undue advantage to the men. There was a period,
when the men had pretty
own way about things, but the situation
say about two years ago,
much
tbelr
has radically changed since then, and it will be the
part of wisdom for strike agitators to recognize this
change and bow to the inevitable.
The
s
twofold
atement herj made
application.
Is
intended to have a
Whether the purpose be
1o
[Vol. Lxnx.
to make concessions of any klud which
would tend to increase the cost of goods. As a result
of the same situation, labor is no longer fully employed.
Up to the beginning of last year, as already
Indicated, things were such that the laboring classes
could practically dictate their own terms.
There
was more work than there were men to do it. Merchants and manufacturers had their goods sold well
ahead and could not afford to run the risk of
a stoppage of work.
n3nce, when a labor organization made a demand of any kind, that demand was
almost certain to be granted. The employer yielded,
no matter how unreasonable and exacting the demand
might be, because he had no alternative. Ha is under no such compulsion now. On the one hand the
demand for his goods and wares has fallen off, and he
w<»ge8 or
oppose the principle of the open shop or whether the finds it not always easy to effect sales. Oa the other
design be to gain increased pay, or decreased hours, hand, instead of there being a dearth of labor, there
For every man who
or concessions of some other kind, the outlook for Is now a superabundance of it.
;
Both the
is equally discouraging.
and the bcaineas aspect have under-
up his job there are several others to take his
For this reason arbitrary and oppressive acts
gone complete alteration. In adverting to the poltt* on the part of labor organizitiona are now certain to
The producer acd manuical aspect we have reference to the fact that neither meet their deserved fate.
fit
espouse
political
parties
has
seen
to
facturer
great
cannot
afford
to
pay more for labor even If
of the
such movements
gives
political aspect
place.
the cause of those who would destroy the principle of they were so inclined, and fortunately they are not so
the oper-shop and declare opposition to non- union situated that they must yield, even if not Inclined
Strike fomenters undoubtedly had hopes that that way.
labor.
The prevailing situation is well illustrated in the
ftt least one of the two political parties would seek to
men
taking
union
an
attitude
of
of
by
condition
of the Iron and steel trades and of the
gain the favor
hostility
As
happened, both railway icdastry. The country's production of iron
encouragement to and steel is fully one-third less than when at its
a fact which was tantamount to maximum in the first half of 1903, and yet even
to outside labor.
It
parties failed lo give the slightest
—
kind
a declaration that in the estimation of astute political
aauagers the doctrine that would take away from
«iy person the right to work when and how he
pleases, bo long as he does not trench upon the rights
of others, is not one upon which a successful appeal
could be made to the American people.
We referred to this matter quite at length in these
columrs three weeks ago In an article entitled "The
I^inclple of the Open Shop," and therefore need cot
go over tbe same ground again at length to day. We
mtkj note here, however, that since that article appeared
Judge Parker's speech of acceptance has been dellv
ered and its utterances are equally pronounced and
sound ( n this question. ludeed, Mr. Parker employed
the same language on the subj act used in the Democratic P atf orm (thus emphasizing his accordance with
the posit Ion taken by the party) though j idging from
the nevispaper comments most persons evidently supposed the language was his own. Furthermore, several
victories have recently been gained for the open-shop in
labor coutroversles where that wa3 the express issue.
Wo reter to the strike of the union bricklayers
on the War College Building at Washington, the general 8tr)ke in this city of the United Garment Work
ers and tne defeat of the Springfield (liiass.) carpenters' unions. The latter May 3d went on strike against
the opeivshop and on August 8th, after fourteen
weeks of Idleness, ezprejaed wUllDgness to return to
work on the master carpenters' own terms. li view of
all this it seams perfectly safe to assert that attempts
on the part of any conslder^ible body of men to engage in a straggle to oppose the open shop are fore«:Sorts of that
in
face of
this
large
curtailment of the output
It
has been found impossible to maintain prices, as this
week's sharp cut in the prices of wire products by
the American Steel & Wire Oo. (one of the con*
stituent
organizations
of
the United States
Corporation) makes so plainly manifest.
spect to the railway Industry, the
Steel
With
Jane return
re-
of earn-
Pennsylvania Eiilroad, reviewed by us
two weeks ago, tells a story whose meaning It is not
easy to mistake.
As compared with the month of
Jane last year, expenses of this company on the lines
directly operated east and west of Pittsburgh were
reduced in amount of no less than $1,851,100. Aid
the Pennsylvania is only a single large railroad system. Ererj where curtailment is the order of the
ings of the
day, existing conditions not permitting or encouraging new ventures or large outlays.
As concerns the strikes In the building trades, we
think we but voice the general sentimeat when we
that absolutely no sympathy is felt with the
say
la fact, the feeling is one of impatience
with the arbitrary and uncalled for acts, so often repeated, on the part of the innumerable Ubor organi-
strikers.
make up what
is known as the "Bailding
Trades Alliance." No one can forget that it was the
long continued labor troubles in the balldlng trades,
lasting through the summer and antumaof last year
(thereby diminishing the demand for the fiaished
zations that
forms of iron and steel and for materials and supplies of all kinds), which proved the fjrerunnar of
the reaction in trada from which the country has
been suff jring ever since.
doomed to failure.
The present trouble in the building trades seems
Not less unfavorable are business conditions for to havd had its origin in a demiad mide July 13
A reaction in trade has been in on JjhQ B. McDonald, the contractor, who is baiiding
successful strikes.
progress for over twelve montha now. Employers and the E:ipid Transit Subsray Tannel, that fifty per cent
producers are in no position to grant advances in of the men employed in the piilnti jg work on the
Aug.
THE CHRONICLE.
20, 1904.1
705
tunnel must be members of the Amalgamated Paintera' strike, also have to stop. With these unions subject
Society and that all non-union eleotrlcians be re- to a superior body, always bent upon mischief, and
There were two labor organizations of desirous of making its authority and influence manimoved.
palnterp, the one the
Amalgamated
Painters' Society,
with the Balldlng Trades Al
which was
the Brotherhood of Painters,
other
the
llance, and
which was affiliated with the Central Federated Union.
aflBliated
had an agreement with the Rapid Transit
Contractors' Association to employ members of the
Mr. McDonald did not
unions which it represented.
made
on him and as a con.
demand
the
comply with
sequence strikes were called by a number of the
organizations composing the Building Trades Alliance.
The Building Trades Employers' Association then
took the men to task, pointing out that they were
clearly in the wrong to strike, since it had an agree
ment with the BulldlDg Trades Alliance by which all
matters in dispute were to be settled by arbitration.
The strikers were, hence, requested to go back to
work. A curious development, or at least a development which would be curious outside of labor circles,
then occurred. The Amalgamated Painters' Society
and the Brotherhood of Painters, the two rival bodies
who had been fighting each other, then joined hands
and united under a new name "not for the pur
poses of peace but to aid and abet the present
building war," as the account in one of the
The Building Trades
newspapers read.
daily
The
latter
—
Alliance
refasing
order
to
various tnlons under
its
the
men
In
the
control back to work, the
fest,
trouble never ceases.
If,
perchance, a union
does not want to strike the Alliance is sure to force it
Often, too, the uniors, unmindful
to take the step.
Is
Thus, there
double liability to disturbances. List
will be remembered, there was a strike of the
the Alliance, strike independently.
of
always a
March,
It
and bricklayers which lasted several weeks and
which the next month fortunately was settled by an
agreement to refer the matters in dispute to arbitration.
If the employers adhere to their determination to
oppose the Alliance, we see no reason why they
should not In the end succeed. Certainly there was
never a better time than the present for making the
attempt. If they beat the Alliance they will be rid
once and for all of the harassing state of things which
laborers
has so seriously
impeded building operations the
last
two years and tended to undermine confidence in the
The entire business community is interested in the movement and will wait anxiously for
The present situation la Intolerable
the outcome.
future of trade.
and
its
continuance a menace to the whole industrial
fabric.
THE TON-MILE
In the report in which
it
UNIT.
replied to the inquiry of
the United States Senate concerning changes in raileffect upon the carriers' revenues,
Commerce Commission repeated a
statement that has been so frequently made that it la
to be feared it may pass into general acceptance with-
way
rates
Board of Governors of the Building Trades Employers
Association on Aug. 4 took measures of self defense
and declared a lock>out against all the unions in
the Alliance, to go into effect at once unless the
men on strike in the Subway and on various buildings throughout the city should go back to work
immediately. The Alliance retaliated by ordering
more strikes on buildicgs In which the members
of the Building Trades Employers' Association were
interested, and the latter then as a final step on
Aug. 13 issued an ultimatum declaring that if the men
In unions now on strike do not return to work on the
jobs on which they have struck on or before the morning of Augnst 22d, then the members of the Association will proceed to work with such mechanics as are
the
city building operations are at a standstill.
currency.
and their
Inter- State
out any real scrutiny.
This statement, as formulated
by the Auditor of the Commission, is as follows : "It
may be said that there is a constant tendency toward
an increase in the percentage of the tonnage of lowgrade freight, so that if there had been no advances
in rates or classification since the year ending June
30 1899, it is safe to say that the average rate per ton
for each of the subsequent years would have been
somewhat less than for that year." In other words,
the Commission believes that the change in the char-
between 1899 and 1903
was such that had every rate schedule remained as it
willing to take the places of the strikers.
Since that was at the beginning of the period, the averai;e repreannouncement the warfare between employer and senting receipts per ton per mile would have declined.
employed in the building trades has been growing in This contention is important if it is true; if untruei
bitterness, and practically everywhere throughout the its fallacy ought to be exposed before it gains further
acter of the traffic carried
We have no doubt the argument is made in perfect
The ultlmatam of the Employers' Association has
been construed to mean the adoption of the open- sincerity, but to any one at all conversant with railshop.
We see such a purpose is denied by the road affairs and industrial conditions It will be evident on a moment's reflection that there is a weak
element in it. Remember that the Auditor of the
Commission does not say that the percentage of lowclass freight is higher than It was twenty -five or thirty
years ago.
That might raise a question that could
not be answered offhand.
He confines himfielf entirely
Alliance
or
to
the
period
rence of trouble, except by weakening the
"since the year ending June 30
breaking it up altogether. This could be done by 1899," and says that in this period there has been "a
is no concealment of the
Building Trades Alliance,
which Is nothing more than a union of all the other
unions.
We thick the employers are fully justified in
the step they have taken. In fact, we see no way in
which they can secure relief from the constant recur-
employers, but at least there
hostility felt against the
inducing the unions not in sympathy with the present constant tendency " towards an increase in the perThere are centage of low-grade freight, with the result that " if
strikes to cut loose from the parent body.
many different unions, as already stated, in the there had been no advances in rates or clasaifioation*'
"
As is the average rate per ton mile "for each of the years
various branches of the building trades.
known, too, the work done in erecting buildings and subsequent to 1899 " would have been somewnat less
finishing them is so related and inter- dependent that than for that year."
The question therefore arises, what was going on In
when the members of one union stop work, the members of most of the other unions, even if they do not business affairs in the four years from 1899 to 1903
—
THE CHRONICLE.
706
.
I
Vol. Lxxix.
been ''a constaDt teudency whole. lu 1899 there were three ot liieuu aivisiuus in
toward an Increase In the percentage" of low-grade which the average receipts per ton per mile w^re lower
freight year by year f The period referred to was one than six mills, the range being from 5*29 mills in
The lowest
of great industrial activity wlthGut a parallel in that Group III to 6-94 mills in Group IV.
country
average
truthfully
say,
mills
and the
respect, we may
for any other group was 8 07
even in this
and the increase In the quantity of low-grade frei&;ht highest 11*36 mills. The average for the entire counarising from that prosperity was o! really noteworthy try was 7*34 mills, the lowest of any year in the
dimensions. Bat it does not follow from that that history of the American railway system.
the ratio of low-grade freight to total tonnage was
Complete fii^ures for the year 1903 have not been
made
thereby Increased.
long
The low-grade traffic has
public, but it is known that the average revenue
formed a preponderating proportion of the whole, per ton of freight per mile for the entire country was
and hence even to maintain the old ratio these classes 7 63 mills, an insignificant advance over 7 67 mills,
of tonnage would have to Increase very much faster the average of 1902.
Comparisons between 1899 and
In quantity than the other classes.
It is this fact oi 1902 are therefore likely to serve with sufficient aca great expansion in the quantity of low-class tonnage curacy to portray the changes from 1899 to the presthat is most manifest to the eye, and we fear it was ent date.
that circumstance which led our friend into thinking
In 1899 66'46 per cent of the traffic movement of
that it meant an Increase in the ratio such traffic the United States was within the three groups where
bears to total traffic.
rates were lowest, none of which had an average of
Obviously an increase in the percentage of low- receipts per ton per mile as high as 6 mills. From
1899 to 1902 the ton mileage of the country increased
class freight would involve a redaction in the per
centage of high-class freight. As it happens, circum 33,622,112,900 (27*19 per cent) and of this great
stances and conditions do not afford warrant for belief Increase 6152 per cent went to the groups in which
in such a reduction.
High-class freight consists of the average in 1899 exceeded 8 mills. The business
merchandise, manufactures and miscellaneous articles of the three groups having low rates grew but 19 36
and commodities, the most of them of considerable per cent, while that of the seven higher groups grew
value in regard to bulk, and therefore able to stand almost twice as rapidly, or actually 36*93 per cent.
high rates, since the transportation charge, even at Thus changes in the geographical distribution of
such rates, can constitute only a small part of the cost traffic, which can easily be traced in the Commission's
of the goods at point of delivery.
Dry goods are one reports, would have resnlted in a higher instead of a
of the items of high-class freights.
Manufactures lower average rate per ton per mile "had there been no
and finished goods generally fall In the same category. advance in rates or classification."
What controls the volume of the shipments of these
The exact value of this change can be measured by
goods?
The demand, of course; and this demand using the traffic movement of each group in 1902 as a
naturally varies according to the consumptive require- "weight" to be applied to the average ton- mile revements of the population.
These requirements in nue of the same group in 1899, and thus obtaining a
tarn are dependent npon business conditions upon weighted average. Such a calculation shows that the
whether labor is fully and proficably employed and more rapid growth of traffic in the regions where rates
npon whether manufacturers, merchants and pro- are highest would have accounted for an advance of
0*13 mill to 7*37, or to more than one-third of the
ducers are making money or not.
actual rise.
It is within the range of knowledge of all our read
Beyond the changed distribution of traffic there is,
era that during the fonr years in question all classes
Wage however, a great deal of evidence that the ton-mile
of the population were extremely prosperous.
earners had no difficulty in finding employment, and unit is moving upward rather than downward in qualmany of them worked overtime. Their rate of pay ity. The opinion to the contrary is based primarily
was increased again and again in fact they could npon the Importance of mine products in the aggrecommand their own terms. Manufacturers turned gate tonnage of the country. The notion that this
out more goods than in any previous similar period in great class, which represented 51*47 per cent of the
Merchants and traders in country's railway traffic in 1899 and 52*36 per cent in
their business experience.
correspondingly,
while the farming L902, is carried at the lowest rates, is not supported
creased their sales
community has not even yet encountered any set- back by the facts. Oae fifth of it is anthracite coal, which
In brief, everybody was is charged for at rates that considerably exceed the
In its long era of good times.
In such a general average of the country, while more than a
in condition to buy on an extensive scale.
state of things, is there the least likelihood that the quarter moves in those portions of the country compercentage of high class freight shipped over the rail- prised in groups VI, VII, VIII, IX and X, in which
roads woald fall off P Is there not rather every reason traffic conditions siill require rates considerably above
for thinking the ratio would increase ? We shall show the average.
Generally speaking, the classes of traffic which
below that it actually has increasad.
While these are general observations, they find full move at the lowest rates are farm products, including
support in a study of the statistics as far as they are both vegetable and animal products in that designaOf all the traffic changes tion. This class of traffic has not grown, and in the
available for the purpose.
which take place, those in the territorial distribution nature of things could not have grown as rapidly
"Products of agriculture" supplied 11*33
as others.
of tonnage movement are most accurately and com
The per cent of the railway tonnage of 1899 and bat
prehensively portrayed in published statistics.
Commission's own statistician long ago adopted a 9*23 per cent in 1902, while during the same years
the proportion supplied by "produces of animals" fell
geographical classification of the data which he com
Manufactpiles, and the averages in which his conclusions are ex- off from 3*1S per cent to 2*64 per cent.
pressed are presented for each of ten great divisions ured articles, which made up but 13*45 per cent of all
of the country as well as for the United States as a tonnage in 1899, and move at relatively high rates.
that there should have
—
—
—
Aug.
THE CHRONICLE.
20, 1904.]
707
supplied 14-49 per cent of the total in 1902. These
data clearly tend toward a conclusion diametrically
opposed to that quoted from the Commission's report.
daitsd August. 11 and u is admUted tnai ac tnat date
spring wheat had already sustained serious damage
throughout the Northwest from rust, with the possi-
statistics are not available, the
west- bound traffic baa since
that
well known fact
1899 grown so as to constitute an unprecedentedly
heavy proportion of the total is also strong evidence
Skill, the opinion is exextent
of the damage has been overpressed that the
As to the other crops, the accounts are
estimated.'
East bound movement is comIn the same direction.
paying relatively low rates ;
freight
low-grade
of
monly
16 per cent better, oats 19 per cent, rye 11 per cent,
Although detailed
higher grade and pays
The contention of the Comrelatively higher rates.
mission is distinctly " not proven."
west>bonnd movement
is
of
bility of still
further injury.
exceedingly favorable.
and cotton 14 per cent better. In
many sections, farm lands are increasing in value and
almost without exception the agricultural community
barley 20 per cent
is
said to be prosperous.
With reference
GENERAL BUSINESS, BANKING AND CROP
Corn, we are told, will average
to the condition of trade at interior
points, business in the larger cities in most lines
is
and reports show a falling oS in
CONDITIONS.
volume as compared with last year. New enterpriseSj
Obviously, at this season of the year every one is as one would expect in existing circumstances, do not
interested in getting correct information regarding appear to be very numerous.
A majority of banks, it
the growing crops and the state of general business. is stated, made no reply to that question, while about
Many parties and not a few financial Institutions hence one-half of the remainder reported no noteworthy en-
make
it
a practice to send out letters of inquiry, be-
sides availing of other
data,
in
upon which
methods
for
securing reliable
to base estimates as to the situation
these regards.
The
facts
thus obtained are not
always given publicity, being collected in
many
cases
stated to be quiet
the past year. The South,
an exception to the rule. Although information is not sufficiently complete to admit of
accurate conclusions, Mr. Eckels thinks IS; safe to
estimate that at least $100,000,000 has been invested
in new industries in the South during the year.
A
very large proportion of these investments has followed as the direct result of the high prices realized
terprises started within
however,
is
guide to those for whose enlightenment the
The most elaborate and
is conducted.
comprehensive scheme of this kind which has come to
our notice is contained in a pamphlet just issued by for last year's cotton crop. We notice a slip here, as
the Commercial National Bank of Chicago, of which the summary speaks of the '^splendid crop of cotton
James H. Eckels, formerly Comptroller of the Cur last year." In slz9, of course, the crop was a small
rency, is President. The pamphlet is neatly gotten one. The present year, according to current indiIt gives cations, the crop will be a large one, and with prices
up, and comprises eighty pages of matter.
much information on the subjects covered, there being good the further and rapid industrial development of
reports from every county in all the States embraced the South appears assured.
ln;the investigation. Last year, it will be remembered,
There is a brief reference to the impending political
we made reference to a similar compilation issued by campaign, and the statement is made that this does
the same institution.
not appear thus far to have caused any apprehension
President Eckels points out that this annual inves- among business men; furthermore that there is not
tigation was originally undertaken by the bank for its observed anywhere an unusual amount of caution or
own benefit, the object being to gauge accurately in conservatism traceable to that influence. With asadvance the extent of the demands which legitimately surances of good crops, the only cloud upon the busimight be made upon the resources of the bauk for the ness horizon is found in the labor situation. Hence,
purpose of harvesting and moving crops to their prim- the final conclusion is that "if labor conditions were
ary markets. The information is obtained from the more satisfactory at the industrial centres, there
correspondent basks of the Commercial National, would remain no obstacle to general conditions of
Emphasis is laid upon the fact that the banker in each good business and prosperity."
community, however small, must of necessity know
thoroughly the conditions in his own locality. Such
EARNINGS
knowledge is vital to him, and for that reason he may RAILROAD GROSS
FOR JUNE.
with certainty be depended upon to possess it. The
territory covered by the Commercial National In its
For the first time this year we have a monthly cominvestigation embraced the portion of the United pilation which shows an improvement in net earnings
States lying between Ohio on the East, Kansas and as compared with the corresponding period last year.
Nebraska on the West and extending north and south The gain, too, reaches a quite considerable amount,
from Carada to the Gulf in brief the region drained aggregating 12,300,388, or 9*35 per cent. The imby the Mississippi Elver and its principal tributaries. provement follows almost entirely as a result of
This territory constitutes the section upon which tha greater economy in operations that is, as a result of
commercial and industrial enterprises of Chicago a reduction In operating expenses thus bearing out
solely as a
investigation
AND NET
—
—
largely depend.
At
mentioned there
is
the same time, within the limits
comprised a very large proportion
the agricultural resources of the United States,
and hence the results obtained are of interest to the
of
cotton
ment
whole country.
—
the expectations which have been entertained of a saving in the expense accounts. With general trade inactive, the iron industry in a state of depression, the
movement In the South and the grain moveWest both smaller than a year ago, and
in the
well informed opinion generally.
with the masters' and pilots' strike on the Great Lakes
operating to restrict tonnage over a large body of
roads, any considerable gain in gross revenues was oat
the wheat crop
of the question.
Our readers
are concerned only as to the general
conclusions reached.
These are in consonance with
As regards the cropS;
the only leading production as to
which the accounts are unsatisfactory. The report is
is
gross
amounts
As a matter of fact, the incroase in
in the aggregate to only $842,431 (or
—
)
.
THE CHRONICLE.
708
penses.
1904.
1903.
$
$
June {80 roads)—
87,298,783
Grose earnings
Operating expenses.. 60,404,300
Net earnings
26,891,483
P.cl.
Inc. or Dec.
86,656,352
62,062,257
$
+642,431
—1,657,957
0-74
2-67
24,594,C95
.t-2,300,388
9S5
[Vol. Lxxix.
than $3:^6,233; the Southern Railway had $128,148
gain in gross but enlarged expenses by $191,689. In
the following we show all changes on the separate
roads for amounts in excess of $30,000, whether gains
or losses, in both gross and net.
bat a Iraotlon of 1 per cent) and the difference between this amount and the I3,300|388 gain In net
earnings shows the extent of the decrease In ex-
We
.)
PRIHOIPAI. 0HA.H0B8 IH
Atch.Top.
say the saving In expenses here recorded
Is
<h Santa Fe.
Hock Island Co
M*. Kans.
&
Texas...
Wabash
In
accord with cxpectatlonp. As previously pointed out
by ne, a reduction would have occurred much earlier
such
In the year except that special circumstances
Canadian Paolflc
Mo. Pao. * Iron Mt.
)
Central Branch...
S
UmiOB Paolflc
Chesapeake &, Ohio. ..
Chicago A Alton
—
as the extremely low temperatures
GROSS
A.BHIirOB
Sr. Trunk Railway...
Southern Railway
and the severity of
962^,861
4P0.537
312.741
308,282
264.255
235,337
215,816
212,666
208,211
131.980
128,148
95.231
91,794
76,483
64.267
!!•
JVNB
Increaaea.
Wash.
Increanes.
Phil. Bait.
930,200
. . .
<fc
Total (representing
17 roads)
93,494.80*
Decreaaea.
PennsyL BR.
91,621,800
455.528
184,725
171,878
135.340
106,080
63.334
61,599
44,819
41,222
(2 r'ds)!
Baitlnaore <1 hlo
Ohio. Mil. <k8t. Paul..
Hooking Valley
LoolBvUle <fc NasbvlUe
Colorarlo <k Southern.
nilnolB Central
Wheeling * L. Erie. . .
Duluth So. 8h. A. Atl..
Atlantic Coast Line....
MobUeAOblo
time being very greatly Tol. St. L. & Western.
Kan. City Southern..
to the running expeises of the roads. With the extra t)t. L. & San Fran
Ohio. A East 111 :::i
oni lays on this account a thing of the past, we are
Total (representing
92,889,82S
11 roads)
now beginning to see reflected the normal tendency
These
figures oover only lines directly operated east and west of
of expenses, which would naturally be towards a lower Pittsburgh and Erie The (cross on Eastern lines decreased $l,05O.8M
basis In times of shrinking traffic like the present. and the gross on Western lines decreased 9574,500.
PHIMOIPAL OHAHOKS IM NET BAHNIN08 IN JUNl
To demoQstrate how greatly the situation as to exIncreaaea.
Inereasea.
penses has undergone alteration the past fe^ months, Wabash BR
942,500
9425.139 W. Jersey & Seash
41.844
Atoh. Top. <k Santa Fe.
379,708 Chla.MU. ASt.Paul..
we present the following table. It shows the changes Hiand Trunk By
38,961
329.709 Ann Arbor
Rock Island Co
30,690
307.117 Minn. St. P. & S.St. M..
(whether Increases or decreases) In gross, In net and Me. Kans. & Texas...
293,509
Pennsylvania Syst,
Total (representing
ooc
qnn
^^b,dOO
In expenses, for each of the six months.
93,441,588
(2 roads)!
24 roads)
\
the weather
— added
for the
t
Vhanges from 1903
January
February
-$4,847,915
+
+
March
AprU
May
—
-
June
+
It will be observed
3,412,515
287,427
2,696,795
2,463,288
642,431
Operating
expenses.
earnings.
—$8,09^639
— 2,337,568
— 3,662,363
— 4,031,830
- 2,993,868
+
2,300,388
+$3,247,724
+
+
+
+
-
5,750,083
3,949,790
1,334,735
530,580
1,657,957
from the foregoing that June is
the half-year which actually
only month of
records a decrease in expenses.
the
,
Net
Gross
earnings.
Increase ( + ) Decrease (—
Can adlitu
.
In
all
the preceding
Pacific
Central of Georgia
Illinois Central
UaloB Pacific
Chicago & Alton
Uorthem Central
Chesapeake <b Ohio.
Kansas City Southern
8V L. A San Fran... >
& E Illinois \
Mobile AOhio
Phil. Bait. & Wash
St. Jos. & Grand Isl'd.
TaL St. L. & West
Ohio.
203,856
174,119
134.258
104,183
102,003
101,200
87,226
85,769
<70
9i>i
7»,-sio
73,706
70,800
54,746
50.425
Baltimore
<fc
Ohio
$528,024
114,432
110,895
age
an
»".»»•
Hooking Valley
Atlantic Coast Line...
Bfo. F»o. <& Iron Mc. >
Central Branch... {
82,f61
63,541
57,726
38,304
NorfoIkAWestern....
8»nthem Railway
Seaboard Air Line
Duluth So. Sh. & Atl..
Total (representing
9 roads)
91,086,679
t On the Pennsylvania RR. the net on lines directly operated east of
Pittsburgh and Erie Increased 9195,900 and the net on Western lines
Increased 930,400.
months there was an augmentation in the expense
That there was a general tendency toward lower
accounts.
In February, when the weather was ex- expanses becomes quite manifest when the roads are
tremely bad, the amount of this augmentation was arranged in groups according to their geographical
very heavy, reaching 15,750,083. In March the in- location. In that case there is an improvement in
crease was still large, namely 13,949,790.
After that, the net of every one of the groups, though as regards
however, the additions to expenses were rapidly re- gross three of the groups show losses, one of the three
duced, being for April only 11,334,735 and for May a loss for quite a large amount. Moreover, in those
but $130,580, while now for June, as already stated, instances where there is an increase in both gross and
there is a ^^srease in the considerable sum of net, the ratio of the improvement in the net is much
the larger in nearly every case.
$1,657,957.
The Pennsylvania Railroad Oompany has been the
main source of the saving in expenses disclosed in the
June totals. Taking the lines directly operated both
east and west of Pittsburgh and Erie, tnls system
with $1,624,800 loss in gross earnings, was able to
show a gain of $226,300 in net earnings. However,
there are numerous other roads which effected large
reductions
in
expenses.
Thus the Central of
Georgia, with only $773 decrease in gross, reduced
expenses by $174,893; the Illinois Central, with $83,
334 decrease in grosp, cut down its expenses in amount
of $197,592; the Chicago Mll»iraukee
$184725
and
St,
Paul
UMKABT BT
BKOTION OB
GBOUF.
QroM Bamino*.
1004.
Jwu.
Trunk
OBOCPS.
t
26.760,066
1»08.
Sit Xamint*.
1904.
InctrOtc
1008.
t
1
1
28.400,412
8,524,548
8.07.S,778
t
P.O.
5-M
Anthr. CoaU.il
a642.878
n842,705
a849.8S7
at29,64«
Bast. & Mld.(10
Uid. We8t'n.(iB
3,486,08^
3,448,191
1,198.337
1,018,870
7 2«3 11«
1,888.186
(8)
6.339.3t3
7.282,164
6.541,057
8,090,881
NortbwMt'n
1,688,064
North P»clflo(8
South w«it«m i
8.636.213
9,133,761
8.481,208
1.B43.B17
8.18«,8V8
+i»0.773
+t'.lM7
+170,t67
+80e,19»
+»4,^37
•H04,S18
South. Par. 13)
ie.97-',652
15.283.004
4,701,218
3.674.819
+1,026,399
17,822,932
16,98 1,06'
6.01»,90l
4,e:t8,80;
+88.007
0-«4
87,2».-'.783
8fl.666.38i
26,894,48$
14,594 ,096
+8,300.888
•'80
1,EO8.02O
1.618,7i»
538,013
688,170
— 43.a««
r48
llnei. i6
Southern
ToUl
...(84
(EOr'dg.
Mazlcaa.
(8)
8-70
1777
10^1
Oil
9-83
8r04
lost
in gross, but saved $226,569 in expenses; the
Louisville & Nashville fell $135,340 behind in gross,
but was able to offset $127,633 of this by lower ex
penses; the Northern Central (one of the controlled
roads of the Pennsylvania E»llroad but separately
operated) makes an even better showing, for with
$20,200 gain in gross it decreased expenses $81,000,
giving $101,200 Increase in net.
Of course there are instances of the other kind
that Is, where expenses heavily increased.
The Mis
sourl Pacific and the Soathern Railway form types of
this class.
The Missouri Pacific added $286,337 to
gross, but at the same time increased expenses no less
a These figures are merely those of the N. Y. Out. 4 Western ; the
Other roads of this group not harlng as yet Issned their reports fo^^
Jnne.
The reader
is of course well acquainted with the
comparison is with earnings last year and
the years before, which had shown large and consecula the following
tive Increases in both gross and net.
we give the June totals back to 1893. It should be
fact that
pointed out that In June a
number
of
the roads
usually contributing returns are nearly always missing,
due to the circumstance that June is the
of the fiscal year and the returns are
withheld In order to Incorporate any necessary correc-
this beiog
closing
tions
month
before closing the
accounts
for
the
twelve
»
:
.
Aug.
THE CHRONICLE.
20, 1904.]
months. Among the more Important roads misfiing
this time may be enumerated the various anthracite
coal roads, viz., the Reading, the Central of New
Jersey, the Lehigh Valley and the New York Saeque
hanna & Western— the New York Ontaiio & Western
being indeed the only road In this group from which
we have had the Jane return. The Southern Pacific,
the Erie, the Wisconsin Central, the Danver & Rio
Grande, the Chicago Indianapolis & Louisville and the
Chicago Great Western are some other roads which
have not yet furnished their June statements. Jndg
ing by past experience, some of these statements will
be delayed for a good many weeks.
r»ar
ffroM Barninoi.
4;
Wo.«/
rear
Ttar
ro»ds.
Qiven.
Prtcedint.
June.
$
IKHlWi
S8.899.e-'6
*
03.436,487
•91(1231
8^,307.770
40.907.027
>96il37)
46.430,565
43.S98.786
•06(181^
48,302.08^
46.338.eiVS
•97(X0t
48,«80,991?
47,014.545
'•6(116)
50,274,300
'00 (05)
65.978,06-
46.902.866
48.138.S23
•00 (99;
67,838,617
60.652,419
•1
78.026.18i
72,941,818
76,866,499
'OS (861
82,99e.18&
81,063,17r
70,486.646
'04 (80)
87.208.783
86,656.353
(04)
'08 (8i)
.
li$t Earntnts.
Tear
Tear
PreceMno.
Iricreaae ot
17,403.487
1
16,846,196
11,022.313
16,738,390
13,fl90,9l3
12.128,028
1
+1,058,292
—4.710.077
+1.571.985
18,814,29»
14,371,91S
13,278,393
18.12.',127
14,943.497
11,046,315
+7,841,24!^
17.856,967
+7.281,828
+5,084,315
+6,131.806
+10,617,681
+648,431
21,848,152
14,088 60b
10,6e8.5S6
Inereate or
Decrease.
«
+1.488.498
—10,689,857
+2.881,829
+1,978.474
+1,638.447
+3.371.834
Qiveti,
$
26,833,611
23,:S18,642
26,679,487
26,155.684
32,106,804
84,584,006
28,938,025
2!),«94,483
Decreaet.
+640,1(06
+1.251,701
+898.183
+3,787,4*9
+2.176.687
+2.004,989
+1,823.903
+1,882,181
+8,800,388
09
28 from |2,500,000 to $1,000,000, was sold at 4^11%. The last
previous sale was made in June, before the reduction of the
capital, at 225)^.
BANKS— Yew Tork.
Share*
25 Chatham National Bank
*100 City Bank, National
342is
265
388
10 Corn Exchange Bank
Tbost Companies— iiTcM lork.
25 Trust Co. ol America
10 Windsor Trust Co
*
La»t previous Male,
Aug. 1904— 337
Ang. 1904— 263%
May 1904— 345
Price.
477i«
June 1904— 225^
161
Feb.
1904— 2001*
Sold at the Stock Exchange.
—Messrs. Harvey Fisk
&
Sons of this city have this week
into their magnificent new banking, house at 62 and
64 Cedar Street. The structure is in keeping with the standing and position of the concern in the financial world. The
moved
building's exterior, six stories high
and
Italian Rennaissanoe
in style, is of white marble, while the interior decorations
and finish are of bronze, mahogany and marble. The reoeption rooms and the private offices of members of the firm
are situated on the main floor. The working staff has accommodations in the spacious mezzanine galleries overlooking
all sides
and can be
of the banking room,
which
is
25 feet in height
brilliantly illuminated, if necessary,
with huge
In addition to a private lift two of the latest
pattern safety appliance elevators near the entrance connect
In the upper part ot the building the firm has
all floors.
fitted up a large library and a statistical department with
financial works of reference.
On the same floor there is a
modern kitchen, with dining rooms, shower baths and rela the basement the concern has established
tiring rooms.
electric lights.
an immense vault of the most approved pattern for the safe
In the above we deal entirely with the roads which keeping of its books, securities and other valuables. The
publish returns of both gross and net.
There Is ventilating, filtering and cleaning plants, each models of
another body of roads which furnishes returns as to ingenuity and usefulness, are special features of the new
home. The firm of Harvey Fisk & Sons was founded March
gross but not as to net.
la the following we unite
the two, affording a
as far as the gross
still
Is
concerned.
Nassau
REPOBTma GROSS BUT NOT NET.
BOAJOS
June.
1904.
Beported abore (80
roads)
9
1903.
$
87,298,783
86,656,352
180.277
80,687
98,124
60,030
592,94/
434,910
4,380,557
851,696
183.0496,93C
88,97'
61,2(6
587,059
423,94e
4,798,729
Ala.N.O.&T.Pa«.N.Orl.&No.Easfc
Alab & Vicksb...
& P.
Vlotcs. Shrev.
Atlanta Knoiv.&N.
Chio. Gt Western..
Chio. lad.
LoaUv.
OWo.
&
&
M &Om
North Weet.
Ohio. 8t. P.
Ohio. Term. Transf.
Denver
Rl* Gr...
Detroit Southern...
96,097
996.086
142,834
1,370.800
130,711
Great Northern—)
St. P. & M. M... V
Eaatof Minn
3,933,517
3.376,188
Toron. Ham. *Bufl.
Wisconsin Ceatral..
186,826
25.161
391,457
418,096
8.686
*6.370,052
4.041,842
1,005,982
561,010
265,948
170,93*
61,387
739,424
9,000
56.350
548,700
171,459
12,764
421,088
466,026
10,137
6,724,770
4,245,950
913,332
536,930
198,170
173.896
62,768
778,751
10,000
47,548
606,794
Total (lOS roads).
113,351,491
114,280,176
&
.
Montana
Illinois
Southern...
No.
Lake Erie A West'n
MaooD & BIrmlnKh.
Internat'l
<)E^Gt.
Y Oent&HudB.
N.
Northern Paolflc....
Pere Marquette
St. LoulB Southwest.
. .
Tanrt.&T H.
Terre Haute & Ind.
Terre Haute & Peo..
Texas A raoWo
Tex. Sab Val.&N.W.
8t.L.
Met dec. (0*81
*
126,701*
1.363,50(
'i
Central.
Boagk approximation
—We
have received a proof of the program for the coming
convention of the American Bankers' Association. The conBeereasc.
vention, it will be remembered, is to ba held in New York
$
$
City on September 14th, 15t;h and 16th. The session of the
642,431
Trust Company Section will be held in the Grand Ball Boom
2,770
6,243 of the Waldorf-Astoria on September 13th at 10 o'clock a. m.
9,16C
while the meeting of the Savings Bank Section will be held
1,366
5,883
in the Myrtle Room of the Waldorf-Astoria on the afternoon
10,96*
416,172 of the same date at 1 P. m. The regular convention will
144,390 begin its deliberations the next day (Wednesday, September
16,131
7,300 14th,) and the sessions will be continued through the follow34,614 ing
two days, September 15 and 16. The program is as
442,671 follows
First Day— (Wednbsdat).
15,367
12,407
29,611
52,931
1.552
354,718
204,108
92.7
34,080
67,773
1,962
11,431
39,327
1,000
8,80i
60,094
899,607 1,828.291
only,
It Will be seen from the foregoing that by including
the roads which report only as to gross, we get a
small decrease in gross for the month of Jane
that
—
or 0'81
per cent. However, this follows $14,366,235 or 14'66 per cent Increase In June
1903 over June 1902.
Is,
$928,684,
ITEMS ABOUT BANKS. BANKERS AND TRUST CO'8.
—The
Convention called to order at 10 o'clock a. m. by the Pieaident, Mr.
F. G. Bigelow.
Prayer by the Right Rev. Bishop Potter, D.D., h.L. D.
Roll call.
Address of welcome to the City ot New York by the Hon. George B.
McCle Han, Mayor.
Address of welcome to the American Bankers' Association by Mr.
James Stlllman, President New York Clearing House, on behalf of the
bankers of Greater New York.
Reply to addresses of welcome and annual address by tke President.
Mr. P. O. Bigelow.
Annual report of the Secretary, Mr. James R. Branch.
Annual report of the Treasurer, Mr. Geo. F. Orde.
Report of the Auditing Committee.
Report of the Executive Council by the Chairman, Mr. John L.
Hamilton.
Report of the Protective Committee.
Report of Committee on Fidelity Insurance.
Report of Committee on Currency Legislation by the Ohairman, Mr.
James M. Donald.
Report of Committee on Uniform L;iws by the Chairman, Mr. F. B.
Traoy.
Rpport of Committee on Bureau of Education by the Chairman, Mr.
J.B. Flnley.
Report of Committee on Bank Money Orders by the Chairman, Hon.
A. B. Uepbnrn.
Practical banking questions.
.4
bank stocks this week aggregate 185
shares, of which 100 shares were sold at the Stock Exchange
and 35 shares at auction. The transactions in trust company
stocks reach a total of 85 shares. Ten shares of stock of the
Corn Exchange Bank were sold at 388— an advance of 43
publics sales of
points over the price paid at the last preyioua sale in May.
lot of 25 shares of stock of the Trust Co. of America, whose
capital was reduced by vote of the shareholders on June
A
Street.
Increase.
928,634
p. 0.)
&
Hatch.
26 1885, succeeding the old-time houee of Fisk
years past the concern has been located at 29
more comprehensive exhibit For many
rfrfr«M
on "The Money Bltuation," by Hon. A. B. Hepburn, PresiNew York City.
dent Chase National Bank,
Second Day— (Tiiubsday).
Convention called to order at 10 o'clock a. m.. by the President.
Prayer by Monslgnor M. J. Lavelle, St. Patrick's Cathedral, VloarOeneral.
Announcements.
Practical Banking c^aestlons.
Address on 'KmerKenoy Circulation," by Mr. A. J. Frame. President
Waukesha National Bank, Waukesha, Wis.)
.
THE CHRONICLE.
710
Addren on "The Western Banker," by Mr. W. O. Robinson, President National Bank, Wlufleld, Kansas.
Address on "Banks and Trast Oompanles," by Mr. Eugene E. PrusBlng, Chicago, Til.
THIBD
DAT— (FBLDAT).
Unflnlshed business.
Praetloal Banking Questions.
Address on "Credit Indemnity, and Its Value to the Banker," by Mr.
W. E. Schweppe, Manager Bankers' Department of American OredltIndemolty Co., St. Louis, Mo.
Address on "The Strength and Weakness of American Finance," by
Hon. Ellis H. Roberts, Treasurer of the United States.
Continuation of discussion of Practical Banking Questions.
Report of Committee on Nominations. Elections
Installation of officers elected.
On Wednesday a reception will be tendered to the delegates and ladies in the Grand Ball Boom, Astor Gallery, at
8:30 p. m. On Thursday and Friday evenings a theatrical
performance and a trip to Lana Park, at Coney Island, will
be enjoyed, and trips will also be made to Lana Park on the
afternoon and evenings of those days. Tickets have also
been secured for the Museum of Natural History and the
Museum
of Art.
—General Thomas L. James, President of the Lincoln National Bank of this city, sailed on the SS, "Campania" August 13 for an extended trip through Europe and the ContiMrs. James accompanies him, General Jam?s will
nent,
return in October.
it is
stated, to
an embezzle-
— Mr. David Baird was on Wednesday elected President
John F.
Convention called to order at 10 o'clock a. m., by the President.
Praver by the Rev. J. M. Farrar, First Reformed Church of Brooklyn.
—The
1903— about a year ago—owing,
ment by the Cashier.
last
Starr,
of
Camden, N. J., to succeed Mr.
whose death was announced in these columns
the First National
0*11 of States.
Metropolitan
[Vol. LxiKiy.
Bank
of
week.
—The meeting of
the stockholders of the Ki ystone Bank
stated in our issue on July 23— was
to have been held on August 16th, to vote upon the proposition of converting the institution into a national bank, has
of Pittsburgh
which— as
been postponed to January
3,
—Mr. Albert Helm, Cashier
1905.
of the
German National Bank
owing
to ill-health, and has
been succeeded by Mr. George G. Schmidt, formerly Assistant Cashier. Mr. H. J. C. Brecker, the former paying teller,
will take Mr. Schmidt's place as Assistant Cashier.
of Allegheny, Pa., has resigned,
—The First Mortgage Bond & Trust Company of Chicago
has been merged In the Royal Trust Company of that city,
the latter having purchased outright th ' assets of the former
company.
The First Mortgage Bond & Trust Company
was organized about eighteen months ago, with a capital
stock of $250,000, and did a fairly successful business, with F.
W. McKinney as President and H. W. Buckingham, John C.
Fetzer and C. C. Broomell as subordinate officers. Mr. McKinney becomes Manager of the real estate loan department
of the Royal Trust Company, and thus continnes the exact
line of business of his old
company under new
auspices.
Fort Dearborn National Bank of Chicago has recently enlarged its quarters, owing to a rapidly growing busiIts present deposits considerably exceed $7,500,000, a
ness.
—The
Bankers' Trust
Company during
the past
week
Frew, Vice-President of the Corn Exchange Bank, to a seat on its board. Mr. Frew's election is new record for this institution.
in line with the adopted policy of that company of admitting
At the annual meeting of the stockholders of the Amerito membership on its board only bankers, of which it now
can Guaranty Co. of Chicago held on Wednesday the followhaa twenty-one, including the active officers of a number of
ing directors were elected: Frederick M. Steele, President
the largest oommeroial banks in this city and several memStandard Forgings Company, Chicago; William George,
bers of private banking houses. This policy of a purely
Frank
President Old Second National Bank, Aurora, 111
bankers' board excited comment at the time of the organizaM. Heggie, Lepman & Heggie, Chicago; W. F. Barnes, Prestion of the company, sixteen months ago, and its progress has
ident Manufacturers' National Bank, Rockford, 111. James
therefore been watched with interest. That the policy is a
L. Blgelow, Treasurer of the company, Chicago; Duncan A.
wise one has been proven by the company's growth in deposHoladay, of J. S. Brown & Bro., Denver, Col.; Lewis W.
its and in purely fiduciary business.
Pitcher, Secretary of the company, Chicago; B. M. Fellows,
—The stockholders of the Phenix National Bank of this Treasurer U. 8. Realty & Construction Co., New York;
city received this week a circular letter offering to purchase Charles L. Fnrey, Vice-President of the company, Chicago.
one-half of each stockholder's holdings at 107, or all of his Officers were re-elected, viz.: Frederick M. Steele, President,
stock at 120 with interest at 6 per cent per annum until date Charles L. Furey, Vice-President; Lewis W. Pitcher, Secreof sale, the offer being conditioned, however, upon the ac- tary; James L. Blgelow, Treasurer.
elected Mr. Walter E.
—
;
;
quisition of 50 per cent of the stock of the institution.
The
purchasers having acquired a satisfactory amount, giving
them control, the offer was later withdrawn. We are in
formed that no change in either the officials or the board of
directors is at present contemplated.
—According to a dispatch from Washington the receiver
American Exchange National Bank of Syracuse, N, Y,
of the
—Mr.
W.
Schofield— has notified the stockholders of an
assessment of 67 per cent on their stock. The receiver, it is
J.
stated, estimates the losses of the institution at |381,000. The
it will be remembered, suspended on February 11th.
bank,
—Mr.
Noel E. Sisson, Vice-President of the First National
N. Y., and a director of the Albany Trust
Co., died at his home in that city on August 11, at the age of
Bank
of Albany,
83 years.
—The First National Bank of Saratoga, N, Y., opened for
business on Thurs Jay, the impairment of the capital— which
compelled the closing of the institution in June-having
been made good by the stockholders per^lan given in these
columns on August
—The
6th.
directors of the Freehold
Banking Company
of
Freehold, N. J., have decided to recommend to the stockholders that the institution be converted into a national
bank. A meeting to vote upon the proposition has accordingly been called for September 3. The institution has a
capital of $100,000.
—
The Hibernian Banking Association of Chicago will,
upon the completion of the Rector " skyscraper " at the corner of Monroe and Clark streets, remove to that location and
occupy the entire first floor of the new building. This will
bring the Hibernian into the heart of Chicago's banking distiict.
—
The tenth annual convention of the Wisconsin Bankers'
Association will be held at La Crosse on August 23d and 34th.
Several interesting papers will be read, among them being
"The Group System—is it practicable and desirable for Wisconsin," by Geo. D. Bartlett; "A Necessary Vocation," by J,
A. 8. Pollard; "Our Financial Policy in the Pacific," by
Congressman John J. Each, and "The Work of the American Institute of Bank Clerks," by John Penlicher. The
guests of the convention, including the ladies, will enjoy a
steamboat excursion on the Mississippi River on the 23d. On
the 24th a carriage ride about the city and to Pettibone Park
will be a feature of the entertainment.
—The consolidation of the Lincoln Trust Company and
the Missouri Trust Company of St. Louis, which was at first
denied, is now in process of completion. A new institution,
to be known as the Missouri-Llnooln Trust Company is to be
organized, with a capital of $8,000,000, the charter of the
Missouri Trust Company being used for the purpose. Stockholders of the Missouri Trust Company are to receive one
share of the stock of the new company for each share now
held, while the shareholders of the Lincoln will be given
time being 10 per half a share of the stock of the new institution and $155 in
cent, is being paid to depositors of the Navesink National cash "or its equivalent" for each share of stock held. A
Bank of Red Bank, N. J., by Receiver John W. Schofield. report states that certificates of deposit, half due in six
This makes a total of 60 per cent paid to date. It is expected months and half in one year, will be issued in part payment
that a final dividend of about 17 per cent will be paid in a for the $155 to be paid in cash or its equivalent.
few months. The institution suspended on August 14th A new board of directors of twenty-five members, con-
—A
third dividend, the
amount
this
Aug.
THE CHRONICLE.
20, 1904.]
-Mr. Gt. M. Harcourt has resigned as Cashier of the
Merchants' National Bank of Houston, Texas, to devote his
attention to other business. Mr. Thomas C. Dunn has been
elected Cashier to succeed Mr. Harcourt, while Mr. C. Gt.
Pillot will fill the vacant place on the board of directors.
Mr, Dunn was for many years Cashier of the private bank of
T, W. House of that city, and brings with him the experience of many years' efficient service in the banking business,
and a wide acquaintance both locally and throughout the
of members of the oil boards of the constituent
companies, will ba elected. Mr. Aug. Schlafly, the former
President of the Missouri Trust Company, will, it is understood, become President of the consolidated institution,
while Mr. A. A. B. Woerheide, who was President of the
Liu coin Trust Company, will become Vice-President of the
sisting
Missouri-Lincoln Trust Company.
The new
711
institution will
occupy the old quarters of the Missouri Trust Company at
Seventh and Olive streets.
—As
State.
announced last week, the second annual convention
American lostitute of Bank Clerks will be held Aug.
Quite an elaborate program has
25, 26 and 27 in St. Louis.
day papers will be read on the
first
On
the
been arranged.
_
of the
Congress of Accountants.— At a meeting held last
Wednesday, the special Committee of Public Accountants
who are preparing a paper on the important subject of
following subjects:
"Municipal Accounting," to be read at the Congress of Ac"Railroads," E. L. Abbott, New First National Bank, Colambas, countants in St. Louis next month, discussed the several
Ohio; "Coal," J. A. Stanton, Feder, Holzman & Oo., Clnolnnatl, Ohio,
sections of the paper that had been prepared. The scope of
"Cotton," K, S. Marshall, Merchants' & Planters' National Bank, Northis paper, which will be one of the most interesting and
folk, Va.; "Textiles," William McOnllooh Branch, Industrial Trust Co.;
Pawtacket, R.I.; "Fruit," Rejinah Morrle, International Banking Cor- valuable features of the Congress, was determined upon and
poration, Ban Francisco, Cal.
a plan arranged for carrying it out, Hon, James Y, Player,
The second day's business will comprise the following Comptroller of the City of St. Louis, will open the discuspapers:
sion, and several other comptrollers have accepted the Fed"The Lake Trade," 8. T. Nivllng, Columbia National Bank, Buflfalo, eration's invitation to attend the session and take part In the
N. Y.; "The Cereals," George Lang, George B. Lane, banker, Minneapolis, Minn.; "Tanning," Gerhard Fischer, Milwaukee National Bank,
Milwaukee, Wis.; "Banking," J. O. Martlne, National City Bank, New
York; "Insurance," Arthur H. Cooley, Security Co., Hartford, Conn.;
"The New United State* Mint at Philadelphia," Ohas. F. Tlerney, Central National Bank, Philadelphia, Pa.
On
debate.
The Literary Committee has unanimously awarded the
by the Federation of Societies of Public
Accountants, for the best essay on "The Mode of Conducting an Audit," to Mr. Walter A. Staub, C. P. A., In the emprize of $50 offered
The terms of the competition
must be clerks occupying salaried
ploy of a Philadelphia firm.
the third day the papers will be:
"Shipping," Edward R. Krueger, WlUiBmsburg Trust Co., Brooklyn,
N. Y.; "The Panama Canal," George W. White, National Metropolitan
Bank, Washington, D. C; "Copper," O. J. Higgins, People's Savings
Bank. Detroit, Mich.; "Tobacco," W. Gray Wattson, Provident Savings Bank, Richmond, Va.; "Brewing," Henry G. Bahn, National Exchange Bank, Milwaukee, Wis.
were that the
jjessayists
positions in the offices of public accountant firms.
The committee on arrangements
for holding the Congress
announces that special sleeping cars will be
chartered by the [committee to convey the accountants who
wish to attend the Congress from New York. It is announced
In the evening, at a banquet to be tendered to the visiting
that Mr. Francis^W. Pixley, F. C. A., last year's President
will
delegates, the following speakers
respond to toasts:
of the Institute of Chartered Accountants in England and
FestuB J. Wade, President Mercantile Trust Co. of St. Louis, Mo.,
Wales, and other guests of the Federation coming from
"Trust Company Reserves;" H. H. Werner, President Merchants' Ex
change, "The Bank Clerk;" Paul G. Palmer, National Bank Commerce, abroad to attend the Congress, will travel to St. Louis on the
St. Louis, Mo., "Banking in the Louisiana Parohase;" B. C. Downey,
special train leaving New York September 24.
American National Bank, Indianapolis, Ind., "Our Young Members;"
Frank
J. Belcher,
Los Angeles,
Cal.,
of Accountants]
"The Golden West;" G. H. Rich-
IMPORTS ANDiEXPORTtS FOR JULY.
ards, Farmers' & Merchants' Savings Bank, Minneapolis, Minn., "Mutilated Currency;" the Chairman-elect, "The Coming Year;" the Vloe-
The Bureau
Washington has Issued
the country's foreign trade for
—The application to convert the Western Bank of Louia- July, and from it and from preylous statements
vlUe into a national Institution has been approved, the new vre have prepared the following interesting sumname being the Western National Bank and as indicated in maries.
our issue of July 23—the capital has been increased from
FOBBiaM TBADB MOVBMBHT OF THB UNITED STATES.
(lE the toUowtnir tablet threa olphari (000s) are In alloasei omlttad.l
$150,000 to $300,000. The incorporators are
Messrs. John
- 1903.
190i.
Hetterman, William F. Tafel, F. Wm. Vogt, Jacob Doll and
M»tt*i.
Svportt, Imvorti.
MzvorU. Jmporti.
Exetu,
Ohalrman-eleot, "What My OfSolal Territory
tute. What It Will Do."
Has Done
for the Insti-
of Statistics at
the statement of
—
:
.
.
W. B. Smith.
—Mr. Allen
Rlvrob'dUe.
J.
Ruffio
of the Carolina Trust
was on Tuesday elected President
Company of Raleigh, N.C., to sucwho resigned to devote his attention
ceed Mr. John A. Mills,
to other lines of business. Mr. W. J. Hayes, the Cashier of
the institution, also resigned at the meeting on Tuesday and
was succeeded by Mr. H. F. Smith. Mr. Lao D, Heartt remains Vice-President.
—Mr. Ligo Myers has been
elected Vice President of the
National Bank of Savannah, of Savannah, G-a., to succeed
the late Mr. Joseph J. Dale, whose death was announced in
these columns on April 23rd.
—The
incorporation of the West Virginia National Bank
of Huntington, W. Va., as a conversion of the West Virginia
Savings Bank & Trust Company has been completed. Reference to the prospective change was made in these columns on
July 16th. The capital is|135,000 and the officers remain as
heretofore, being: C.
son, Vice President,
W.
Campbell, President; J. B. Stevenand Robt. L. Archer, Cashier.
Jan.-Moh...
April
Mar
S
9.').241
Jnlr
84,893
758.668
Total
Gald and Gold
Jan.-Moh...
April
Mar
June
jBlr
Total
In
-Ha,087
391,673
109.827
100,930
93.823
-1-13.769
91.813
979,101 -(-179,197
789,465
83.588
80.698
8l,16T
71,124
89,687
June
%
S
«
a6'J,060-(- 117,801
3^0.704
109,880
-i-i£(t,368
+9,189
%
%
»64,0a7 -|-ia7.646
87,682
79,036
82.000
83,183
-f'ja,14S
-(-a 1.895
-H;|,«83
-1-9.623
004.938-1-194,633
Or*.
4,888
3-2,116
-17,728
19,470
43.069
10,290
10.472
-1-9,180
-f3a,697
1,633
1,083
4.886
8.02S
—3,363
-7,812
69.633
96.689
-fl2,811
"40.164
11,100
8.306
1,349
1,463
3,768
4.681
3,686
1.708
14,188
13,608
9.118
—5,761
+858
+13,08»
+9,710
+4.487
18.607 "+31.847
SllYer and Silver In Ore.
Jan.-Mota.,
April
Mar
June....
Jwlr
.
Total
+ llTced
We
ailyer
13,080
3,883
5.008
4.411
4.534
6.884
3.316
1,983
3,753
1.381
+6.X08
+1,617
+3.116
+1,650
+3.158
.10.902
15.156
+15,716
— Bxoeii of
of exports.
4,660
1.668
1.613
3.061
3.661
3.608
3.110
1.066
3.015
13.516
30.521
Imports.
+6,410
+1,034
+6SB
-496
+461
+7.075
subjoin the totals for merchandise, gold and
for the seven months since Jan. 1 for six
years.
—Mr. James McLaughlin,
President of the Merchants'
National Bank of Nashville, Tenn., died at his home in that
city on Satarday last, aged 73 years. Appropriate resolutions of regret were passed by the directors of the bank and
also by the Chamber of Commerce and the Retail Merchants'
Association. Mr. McLaughlin was one of the organizers of
the bank, having been the first Cashier of the institution
when it was organized as a State bank in 1890. Later the
Institution was converted to the National system, and Mr.
McLaughlin was elected President on Jan. 8
190O.
MlBOHAHDISn.
Stvtn
Hot. BxporU. ImporU.
Bx-
of
BxporU porU.
t
$~
Import*.
»
1004. 758.e6« 970.161 I791B7 60,63!) 96,68R
1 903. r8w,i«5 994.932 194R33 40,161 1 8,607
»03 936.987 a.i.'viHi l»iin7'3Miei 14,789
1901. 83 1 ,S0A 90«,63H 334"He|33,868 30,004
I
1
<IOO 813.1Hfl 5",3 07H :i09ii>8 33,718 37,1-89
«.sr,oii 4 tN6«« '.i3M80HL-{o.iei> 36.283
* Bzo«si ot Imports.
1H»»
SILTIB.
GOLD.
Bxceit
Sxeui
Bx-
of
BximrU porU.
fm
portt.
i'~
13.841 30 002 19.166
13,6«fl
31 ,8i: 30.621
13.H7f -i6.2i" 14 97"
t
Bxeui
Bx-
of
porlt.
•
t
I
9.746
7,978
I 1
.708
878JI7 «»7 14.676
9 881 39.881 33 1>^3 I 3.091
1 '^,3H2 ;I3
.^.«7(1
31 ly8ll7,16^ 13 066
THE CHRONICLE.
7J2
[Vol. Lxxix.
Similar totals for the month of Joly for six jears
The difficulties upon the Stock Exchange have been tem«
the following exhibit.
porarily accentuated by the fact that the settlement which
was concluded last week was by no means an easy one. It
BILTIR.
UaBOBANDIIl.
aOLD
was generally hoped that those who have received assistance
EaiettHon. aa»fort$. Import: MXC$Mt
axIm- of Bx
ImMmwould be able to tide over their difficulties. But in one or
of
of
Bxvorti port$. yortf. Bvporti 90TU. 90rU. torU
two instances that has not proven to be the case. Two
t
%
I
t
t
t
1
t
1
fallares have been reported, neither of them of any public
1004 84.»^3 71. 184 13.769 1.083 8.885 •7,842 4.C34 1,881 3, US
interest, but at the same time indicating the position which
451
1903 »1.H13 84 168 B.Oii »,H8 4.031 4.487 3.015 4,564
«,2t0 3.672 a.877 1,395
9.04S 7.8"*
1,604
190'J SS.791 »»,149
exists.
Were markets active or even inclined to be active
1901 IO(».452 73.0-8 3«.8'0 a.878 4,076 •1.201 3.88b 4,56< l,t7a
the
trouble,
which is merely local, would readily adjust itself.
•7.»t0
11.
4,914
sea
3,344
1,570
1900. 100 468 63.660 SB.TOb 3.878
•2»» 4.003 4.782
1.871
INOI* M4 920 «0 102 S4,8«« 'i.OM •J.BM
But in times of depression every untoward accident tends to
• Bio«si of import!.
increase tbe general gloom.
In these tables of totals, gold and silver in ore for
The Bank of England return, as was expected, shows furall the years are given under the heads respectively of ther reduction this week in the reserve, that item being now
gold and silver.
only 233^ millions sterling, or about the same as at this time
The following shows the merabandise balance foi last year. The proportion of the reserve to liabilities is now
each year back to 1876.
48J^ per cent, comparing with just under .'iO per cent twelve
BZOBSS OF MBBOHAMDIBB IMPOBTB OB BZPORTB.
months ago. The present position of tbe money market is
7 months tnding July 31—
1 month tnaing July 31—
by no means as reassuring as one could wish, bearing in
1875
....ImportB.»35,472,478
1876
Imports. »3, 677,266
make
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
....
1901.....
1903
1903
1904
Eiports.
Imports.
Exports.
Exports.
Exports.
Exports.
Imports.
Imports.
Imports.
Imports.
Imports.
Imports.
Imports.
Imports.
Imports.
Imports.
Imports.
Exports.
Imports.
Imports.
Exports.
Exports.
Exports.
Exports.
Bxports.
Bxports.
Exports.
Exports.
Exports.
9,236,241
2.416,070
10,662,751
9,644,349
13.710,587
10,610,936
11,187,387
4,096.846
618,03i
3,362,624
2,855,086
7,197,314
14,157,3f6
19.528,71»
28,114,472
4,373,142
7,368,263
6,927,790
12,687.890
16.484,057
15.609,237
17,429,209
21,540,668
34,824,426
36,793,115
36,870.0''6
9,642 768
9.626,442
13,7ft9.9H
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1908
1904
Experts. 59,300,024
Bxports. 35,480,348
Export8.166,517.28e
Exportfl.124,680,960
Exports 44,874,081
Export8.108.610,802
Imports. 50,e24,<t67
Exports. 41,986,173
Exports. 10,842,808
Exports 61,951,0t9
Imports. S,8S3,824
Imports. 34,287,441
Imports. 75,732,756
Imports. 60,183,975
Imports. 41,836,835
Imports. 17,(334,718
....Exports. 40,157,149
Imports. «y,872,231
Exports. 69,182,709
ImportB. 21,219,092
Jlxports.
^0 66.^,677
....
Exports. 64.391 108
Exports.316,821,427
ExportB.23P,398, 1 80
Export8.809,4O8,206
Ezports.324,78 1 ,<S»8
....ExportB.191,496,774
... Ezport8.194,532,843
Ezport8.179,197,135
BdoujetavJSgdTammeicclalSwfitlslt^jewB
[From our own correspondent,]
London, Saturday, Aug.
6, 1904.
Various circumstances are combining at present to depress
prices and check business upon the Stock Exchange, any one
of which might in itself be counted upon to cause a considerable reaction, even if markets were inclined to be active,
Never, perhaps, have the great financial authorities in the
city been so utterly wrong in forecasting the outlook in our
money market. The general impression everywhere among
bankers, discount brokers and economic writers was that with
the turn of the half-year we should see an easy money market
London— gold would
flow to this centre and rates would
is usual in the last week
in June and the first few days of July, and we all comforted
ourselves with the assurance that this could not last.
in
steadily
fall.
Money
rates rose, as
The exact opposite of all our confident predictions has
occurred. Gold, it is true, is coming to London but in very
small amountEi. About a quarter of a million sterling arrived
on balance this week, the bulk of it continuing to go to the
Continent, to India and to your side.
Added to the state of the money market, we have bad this
week intense heat in London, the thermometer having recorded on two occasions over 90 degrees in the shade. No
doubt you can do better than that at your side, but London
houses and London methods of living do not readily accommodate themselves to such high temperatures. This heat
has naturally caused an exodus from the city of all those
who could get away.
These two causes and especially tbe diflficulty of obtaining
mind the
we are in the height of the holiday seademands are just beginning to be felt, and
fact that
son, that harvest
before they are fairly completed it is reasonably certain that
shall have to find the money to finance the cotton crop of
we
Egypt and various crops to be garnered in the Argentine Republic and other parts of South America. The Bank directors are doing all they can to keep a tight rein upon Lombard
Street, whioh is eminently desirable under present circumstances.
But
amount of
likely from time
ked the position
is
anxiety.
On Thurfday
seat of the
at the
Duke
Riding School, Welbech Abbey, the
Mr. Chamberlain resumed his
of Bedford,
crusade with a view to altericg the fiscal policy of this
country. Dnring the session of Pai liament now about to come
to an end, the ex-Colonial Secretary has refrained from carrying on his propaganda, as he felt, and with justice, that such
a course would embarrass Mr. Balfour's Government in the
House of Commons. And, as the matter is not before the
present Parliament, and as Mr. Chamberlain has undertaken
to give his loyal support to Mr. Balfour, he is unwillic^ to
do anything wbich might increase the difficulties of the
Prime Minister. In reEuming his campaign at Welbeck, Mr.
Chamberlain proposed to put a duty of 2s. Od. per quarter on
wheat and certain other duties on agricultural produce, with
a view to improving the situation of the British farmer, k
duty of 2s. Od. per quarter upon English grown wheat ia
quite small, and it is considered doubtful if it would have
any influence on the acreage under wheat. Even if Mr.
Chamberlain is as successful as his most ardent admirers
expect him to be, which is by no means assured yet, the
adoption of his policy would have for some time hardly any
icfluence upon our demand for food. The object of the
policy is to increase as far as possible the trade between the
various parts of the British Empire. On the other hand,
England, a very email country, has become practically
wholly industrial. In our time there is no reasonable prospect that she can ever supply any material portion of the food
we consume. It is certain, therefore, conditions being such
as they are, that no proposals could be carried by the
Government which would materially increase the cost of
Mr. Chamberlain contends there will be no increase.
living.
In any case, we shall want here most of the food that can
be sent to us from all the great food exporting countries of
tbe world.
There is again a good demand for India Counoil drafts, so
good indeed that the Council announces a further increase
in the amount to be allotted next week to 60 lacs. For the 150
lacs offered on Wednesday the market applied for 851 lacs at
prices ranging from Is. 4d. to Is. 4 1 32d. per rupee. At the
corresponding date of last year 50 lacs were also offered, the
application amounting to 216 lacs, and thn prices tendered
were about the same as on the more recent occasion.
The following return shows the position of the Bank bf
Sngland,the Bank rate of discount, theprioe of oonsola. Ar,
oompared with the last three years:
loanable capital, would, as said, be calculated to check
markets which otherwise would be inclined to be active.
But over and above these causes we have the political situation in the Far East. Happily, the assurances of the Russian
1904.
Government with reference to the volunteer fleet seem definA.xig.Z.
Si
itely to have removed all danger from that source.
Never29.27R.23S
IrsnlStlOD
6,0«7.370
rilbliO
dSPailtl.
theless, every prudent man feels that while the war is going
41,73B,S82
nUer aepoilti
lC.7l»,766
on some totally unexpected accident may occur at any IOT«rnmaDl(«<mrItl«
26.8P«.8c9
)th«ri««nrltle»
DOlAiandaoln..... 28.S62.268
moment which might throw all the bourses in Europe and taMrraof
TolnAbnaionbothdapartni'ts 8»,in,«93
48^
on your side into a ferment. The markets have had a lesson Prop. raiarTatoUablJltia*. P.O.
parcant.
8
lank rata
from the Malacca incident which they are not likely readily OoMOli.»«pafoant
87?^
8tlT«r
to forget.
has succeeded in atforeign gold to our marto time to give cause for
until the Bank's action
tracting a considerable
CltsrlDii-aoaisratnriia
STq
ie7,S42,0C0
1908.
aufi. 6.
»
80.C9I.346
«.2be.i61
S9.8.S7.02a
16,8.H8.e£2
86,802,537
23,108.341
86.0r4.e8e
1908.
Aug. 6.
i
80S18.260
7,1 9.993
41,il8«.SlO
l«5.9^2.h38
25,72S,43*5
28,8Se3<e
80.678.108
4»w
49W
8
8
9018-16
26«<1.
17e,l9«.u00
_,
W4M
«4«..
lT6,7c(i.C00
IMI.
A\i9.7,
M
8O.0SS.6IO
7,»e».91«
40,824.810
16.20. ,670
2«,830.11»
23.071,678
8«.630.118
4a 8-16
,„; ..
W*-"
2615-lfld.
ies.0l5.0l0
—
:
Aug.
——
:
.
THE CHRONICLE.
20, 1904.]
Int«r«tt «il«wM
/or JepotitB b%
Open Market Batee
IradeBUU
Sanh SW*.
4 Jtfontki. «
8 Monthe.
8»®29i
2H93
2»
3
8
««•
»Moi.
!
.^_-
1
Joint
Stock
4Jlfo«.
—
A.t
7-H
194
Ik
Consols, .new,
Fr'oh renteB(lnFarl8)fr. 98-02 •<
8514
Spanish 48
Atoh. Top. & Santa Fe. 81%
99%
Preferred
xsess
Baltimore & Ohio...
96
Preferred
I3014
Canadian Paolflo
Chesapeake
Open Bank Oy«n Bank Open
Bate. Market Hat*. Market Bat*. Mark,
~S
Pavla
HambmrK
4
4
rrankfort
4
AmttardaM
3
•
Brmtielf
4
3
8
nom.
3H
8X
4K
4W
..
8
4
4
iH
SH
iH
2«
2«
»H
Vienna
St.PetertkmrK..
Open
Bate.
JIfarfcet
Erie, common
1st preferred
2d preferred
4
8
IB-la"
4
4
4
2K
tH
2M
8M
2K
2H
«W
»H
2«
4
3
SH
4
SM
4
3
SB-10
S
29«
8
3
8
3H
nom
nom.
3«
5«
4K
4M
3
4«
nom.
4M
4»
4
4
Messrs. Pizley Ss Abell write as follows
4, 1904
Oold—There
is
no Oontlnental demand for
nnder date
of
gold,
and the Bank bai
all
Theauotatlonsforballlonarereportedasfollows:
GOLD.
OondonBtandard.
Aug.
4.
d.
«.
Bar arold, fine
oz 77
U.S. gold ooin...oz 76
Geroa'ngoldooin.os '76
French gold ooln.oi 76
Japanese yen
ot '76
'Nominal.
8ILVBS.
London Standard
July
29
1.
d.
Aug. July
4
28
rf
d.
Barsllver,fln6...0E. seiBn 26'^
Do 3 mo. delivery aeiiia 26%
514 •76 51* Bar silver .contain'g
•76 6
5
do Sgrs.gold.os. 277,« 27^
4 •76 4
do 4 grs.gold.oB. 8714" 273,«
do Sgrs.gold.oz. 27l,fl 87
Cake8llver.......oz. 291,, 2815,8
Mexican dollars. .oc. aev 26V
9
4
77 9
76 4
The followlngshows the Imports of cereal produce Into
Slngdom during the forty-eight weeks of the
seaaoa campared ^ith previous seasons:
Beans
Indian
Flour
con
26%
96%
26Uig
883i«
885ie
8818
88I4
esha
88318
0.t»«
86''8
8%
3%
83Ba
8308
100 >«
87ie
100 1«
87 14
96 1«
131
180''8
S8i«
16»«
158)4
154%
74
33 k
74
26ie
2ei«
96
38%
24
76
3%
83Bb
100
130
130
39
271a
«4l2
40
140
123
se-'e
3%
8318
looia
86'8
9314
381a
I6I4
1541a
3414
15
64
39
x63)«
981 '!«
85%
883 u
88%
98-10 98 22%
87%
93%
39
25%
76
76
27
78'%
26'8
641*
891a
27%
66%
40%
28%
66%
40%
137%
181%
10
10
lOifl
2II4
44I9
211*
44>«
21I4
4414
38
123
32 14
123i«
321a
I2314
12i%
32%
64»4
65
66
92>fl
921a
92%
35%
66%
92%
Preferred
Nat RR.of Mex.,lstpf.
N. Y. Cent. <te Hudson.
N. Y. Ontario & West-.
Norfolk & Western
Preferred
88
122%
33
64 14
92t«
106
62>4
27 '8
Preferred
iUnion Paoiflc
10038
96
Preferred
U. 8. Steel Corp., com..
Preferred
1214
60 14
18
38
62
Wabash
Preferred
Debenture "B",.
i24%
10%
10%
21
44
38
21'»8
45
33
139%
124%
11%
32%
45%
87%
123%
85%
66%
92%
104
104%
63
63
48%
28%
43%
28%
43%
68%
29%
43%
63 14
28I4
28
43
87
87 Bs
27 1«
94
101
96
56
37
94
140
128%
104%
lOSifl
62Tt
86I4
2d preferred*
Southern Pacific
Southern Rallw., com..
*
108
48
1st preferred*
140
38
15%
164%
I2II4
Mexican Central
Mo Kan. & Tex., com..
93%
15%
155%
Louisville
& NashvlUe.
"4
83%
100%
87%
131
Illinois Central
37
37
87
37
5714
271a
941a
56Be
57%
57%
101%
lOlBg
96 >4
96%
27%
94%
12%
12%
1238
ei-'s
ISifl
6II4
181a
38I4
621a
60%
18%
38>4
621s
29
95
102%
96%
12%
60%
19%
39%
63%
38
62%
38B|
95%
101%
96%
12«8
60H
20
39%
63%
Price per share.
©jommjetrclal and ^Xisctllmxcous'^zxois
I> I
JTisme «f
T 1 » B N I> S
Per
Company.
When
Sookt Cloted.
(Days Inoltttive.)
Ang 25 Ang 38
MtoeeManeaae.
Bordens Condensed Milk, com
General Chemical, pref. (qaar.)
National Lead, pret. (qnar.) No.
Standard OU (guar.)
United States Envelope, pret
Welsbach Uompany
,
Cent Payable
HallrMidB (Htaam).
Pere Marquette, pret
4
A«c 26
I'Sep 21
to
Oct 2
Sep 15
15 Ang 27
to
lAjHolders of reo. Aagl9
Oct
Sep
5i.
to
Ang 15
$5
Sep
Sep
3
MP
Sep 7
1' Aug 21
to
2 Holders ot rec. Ang 24
FORKiaNTRADEOFNEW YORK — MONTHLY STATEMENT. — In
addition to the other tables given in this department, made
up from weekly returns, we give the following figures for
hhe full months, also issued by our New York Custom House.
first statement covers the total imports and exports of
merchandise and the Customs receipts for the seven months
The
of the last
Month.
two seasons.
MIKOHANDISI HOVauiNT AT NlW TORK CcrSTOHS BIOIIPT*
AT NBW YORK.
Importi.
Bxporte.
1004.
IMF0BT8.
1902-3.
1901-2.
1900-01.
77.496,448 66,162.827 63,923,300
~^ ....29,843,726 24,337,468 20,437,123 18,911,200
^13.940,894 15,055,561 15,795.614 21,276,800
^ 2,184,670 1,772,480 1,919,607 2,291,430
2,008,468
1,443,887
1,707,040
1,728,683
43,699,967 89,117,336 42,660,936 51,446,100
..^18,030,343 17,893,847 18.594,568 21,278,100
Wed.
26 1«
38,1a
137ifl
the Jnlted
1908-4.
Imp'ts Of wheat, OWt.84,662,736
Tue$,
26Bb
88ie
88 H
98
23 1«
Northern Securities
Pennsylvania
Phila. A Reading *
4
the arrivals at the redaoed price of 77s.
f d. The present position is in favor of the Bank continalng to receive
The Bank has purchased £379,000 In bar gold and
all the arrivals.
has received £5,000 in sovereigns from Germany, while £50,000 has
been withdrawn for South America. Arrivals: South Africa. £403.000;
Australia, £5,000; India, £122,000; West Coast Africa, £26,000;
South America, £8,000; total, £653.000. Shipments: Bombay, £75,
750; Colombo, £15,000; total, £90,750.
Silver— The market remains firm, especially for eash, India being a
good buyer for the Bazaar, while supplies are not over plentiful for
August. Forward silver is not so firm, sales by China being profitable
on the present Eastern exchanges, and the difference has widened to
a i4d. We close to-night steady for cash 26i5i8d., and dull forward
26iiteCl. The Indian price is Rs. 68H per 100 tolahs. Arrivals: New
York, £164,000; Australia, £08,000; total, £232.000. Shipments:
Bombay, £67.600; Calcutta, £210,000; total, £277,500.
Mexican Dollars—There is practically no business in Mexican dollars, and they remain at about <^d. under cash silver.
keen able to secure nearly
Feaa....
15
152%
Preferred
Bank
August
Oats.
87%
& Ohio
Chto. Great Western...
Ghlo. Mil. & St. Paul..
Jt4lu 16.
Thun.
iron.
86%
3%
Anaconda Mining.
Bank
MrllB
BMley
261118
87i5ie
881,6
d.
p. cts.
Den.tk Bio Gr.,oom
Rateitt
InUreetat
MMiria
•oDenbatten.
Sat.
—
2%
Silver, per ounce
For eocount
194
juit as.
July 80.
LOMDOH.
c,
The Bank rate of dlsoount and open marketrates at the
follows:
rtlef Ctntlnentaloltles have been as
Avt.6.
The daily closing quotations for securities, etc., at London
are reported by cable ai follows for the week ending Aug. 19:
DU'tHt
Bankt OoJi
9^ 2H®2«
iH
3
tH&SH
2jm3
8®8!4 8M®3^
803X
SM 3M®3H
8H
8M 8M<»3H
3^®8M
2^
Jitly
Jlfont^ti.
718
Encllah Flnanelal llarketa— Per Cable.
Ihe rates for money have been as follows
MMon.
:
.
1903.
1904.
1903.
1904.
19«8.
t
lanuary..
febroarr.
Uaroh.. ..
Bl,497,
60.iet038
14.7Be,8St
16,610,118
B0.269.9B8
45.860,686
39.210,780
47,028,744
67.437,
41,840,867
14,606,9t>5
13.814.96S
66,382,
eo.aio.827
48,609,1 Ifl
4&,S88,57(t
lt,W13,20,S
16,878,475
April
00.341,
es,8l4,084
41.09»,67g
48, 100.004
13,108.860
18.400,868
88.865,460 12.109.913
39,748,66? 18.824.94V
87.816.917 18.901,118
12,402Jt4
May
47.8B4,
47.880,090
86,404,98^
Jane
48.264,
47.910,674
39,382.40&
JnlT
4»,e76,
60,266,186
85.056.730
Total..,
363.U31,3»1 869,532,697 280.014.26v/ 291,827,574
95,e63,3tf6
12,601.271
15.090.a89
99.803.071
Supplies available for consumption (exclusive of stock
00 September 1):
1902-3.
Wheatlmported,owt.84,ee2,736 77,496,443
Imports of flour.
18.030,343 17,893,847
laleaofh*me-grown.l6,8l8,4S6 22,715,851
1903-4.
Total......
1901-2.
66,162,827
18,594,666
22,512,011
1900-1.
63,933,300
21.278,100
22,712,243
28b. iid.
Average price, season. S7b. Sd.
86fl.
2d.
Sis 8d.
28a. Id.
87s. 3d.
S7b. 2d.
The following shows the quantities of wheat, flourand
maize afloat to the Uixlted Kingdom:
TMtwttk. Laitwfk.
Wheat
qrs. 3,025,000
nonr, equal tears,
170.0CO
.
OOLD MOTBMINT AT NlW 70RK.
MONTH.
119,606,515 118,106,141 107,269.404107,913,642
ATtr.prl«eviieat,week.2 8.'. oe.
alie.
The imports and exports of gold and silver for the seven
months have been as follows
qrs...
945.000
3.050,000
185.000
1,065,000
1903-8.
1,845,000
205,000
1,270,000
1901-2.
1.856,000
170,0Cc
960,000
Imporit.
1904.
Janaary.
tTebmarr
March...
April.
...
May
Jane....
Jaly
Total
0,750,410
Bxporte.
1903.
1904.
1908.
1
30,684
t
880.409
741,928
2,664,768
336.839
430,783
10.278.679
41.678 667
11.S87.070
1,4^3,228
8P0.H0?
ISl.tlo
535.552
0,175,318
00.e9B.ii57
1
812,164
686,286
8.868.058
I.473.2!*!
BiLVlH-NlW TORK
Import*.
Bxporte,
1001.
1908.
%
8
S60.P.16
4,801.808
S89.492
17T,04l
8.8,>-5.946
260.Oart
8.710,178
2,9-2,408
2.f21,773
10.034.174
840.082
2,S7fl.010
7.4«0.70f
267,B»rt
3,64H,I35
82.784,001
1,810,889
28,380,741
807.887
616.801
.
THE CHRONICLE.
714
National Banks.—The following laformation regarding
is from the Treasury Department.
national banks
The receipts of flour and grain at the seaboard
week ended Aug. 18, 1904, follow:
August
IS, 1904>
^
k»ll
96,816
86,678
86,808
Pklladeiphla........
26,406
Uoatreal
Baltimore..
.««.
i*hmond
»*«
New Camberland
National Bank,
New
12,428
•awport Newi....^
,
7,352—The Vermilion National Bank, Vermilion, South Dakota Capital, $50,000.
L. T. Swezey, President; Harvey Ounderson,
Vlee- President; O. H. Barrett, Cashier. Converelon of Clay
Connty Bank of Vermilion.
7,353—The First National Bank of MarysvUle. Pennsylvania. Capital. $25,000. Jos. W. Place, Presldput; J. Harper Seldel and
J. W. Beers. Vice-Presidents; J. E. Wilson, Cashier.
7.354- -The First National Bank of HartsvlUe, Indiana Capital, $25,000.
8. L. Howard, Cashier.
. President;
7,365- The First National Bank of Dlller, Nebraska. Capital, $40,tOO A. H. Colman, President; Isaac M. Raymond, VicePresident; Thes. P. Price, Cashier; Arthur E. Price. Assist
Bnt Cashier. Conversion of People's State Bank of Diller,
7,356— The First National Bank of Bellwood, Pennsylvania.
Capital,
$25,000.
, President; C. A. Patterson, Cashier.
7,857— The Monroe National Bank, Monroe, Iowa. Capital, $z5,C00.
A. J. Porter, President; J. P. Johnston, Vice President; Chas.
T. Bchenck, Cashier; F. B. Kingdon, Assistant Cashier.
7,358—The Prairie National Bank ot Chicago, Illinois. Capital, $250,000. GeoriJe Van Zandt, President; George Woodland, VloePres'dent; Wm. B. Corklln. Cashier.
7,859-The West Virginia National Bank of Huntington, West Virginia.
Capital. $135,000. C. W. Campbell, President; J. B.
Stevenson, Vice-President; Robt. L. Archer, Cashier. Conversion of The West Virginia Savings Bank & Trust Company, Huntington, West VlDiinla.
7,360—The Merchant)-' and Farmers' National Bank of Cisco, Texas.
Capital, $2S>.000. W, H. Eddleman, President; Wm. Bohning, Vice Pret.ident; W. C. Bedford, Cashier; W. H. Tebbs,
Apslatiint C<»8hter.
7,361—The First Natioual Bank of Van Burer, Arkansas. Capital,
$25,000. W. H, H. Shlbley, Preeldent;
, Cashier.
3,1«4
Total week... „.
*
INSOLVEHT.
of Grinnell, Towa, insolvent,
was
placed in charge of a Receiver on July 27, 1904.
AFPLIOATIONS TO OOMVERT INTO NATIONAL BANK! APPEOVED.
The Inez Deposit Bank, capital $25,000, into the Inez National
Bank
of Eden, Kentucky.
TheTrlangie Bank of Cleveland, Oklahoma, into The Cleveland National Bank. Capital. $25,000.
The Houston County State Bank of Caledonia, Minnesota, lato The
First National
Bank
of Caledonia.
Capital, $25,000.
ot—
flour.
J3I>ls.lUA Ibi
Chloago
107,844
Milwaukee
.
44.27S
64,600
DtJlnth
Minneapolis.
Toledo
Detroit
6,400
Whtat.
895,0«B
82,720
237,084
1.487,700
20,900
636,890
40.300
877.000
43.786
...
11,8»8
83,377
Lonli....
Peoria
49,700
l,126,lSe
Cleveland
St.
17,850
Kansas City.
Tot. wk. 1004
Corn.
Oatl.
BarUy.
Bu*h.00lb$ Buth.66 Ibi Su$h.32 lb Bu«b.48»>*
By*.
8,037,600
106.600
60.184
46,000
18,860
14,40'
9.03fa
129,80<<
8,846
46,600
60.000
86,506
68^.1C0
1,000
148,416
120.600
428 16i
ee3.02C
3.000
9,900
2,881
23,600
8,400
121,891
62.200
136.100
624,00<
8.331,100
266,300
149.800
7,486
8,000
....
802,068
SQO.fei
6.702,667
8,240,878
S,656.S4i
3,689.768
2,052,287
8,59«,6SC
186,780
817.678
Samewk.'Oa.
Sin«« Aug. 1.
427,767
6,9S6 718
1,211.882
5,238,579
196,811
104.166
183,068
237,704
lOOt
1908
1908
044 869
784,74»
11,048,172
4,6S3 175
8,940,979
8,B15.8i3
3,068 869
4.120.266 18.3^9.609
808,760
417,148
303.983
191,633
841,879
490 681
Same wk. '03.
1.241.8t14
7.680.328
8Z.272.g«9
896.845
88,466
167.819
8H2.651
147.670
53,440
21.687
44.858
70,658
81.083
19.000
68 300
21,624
1,060
1,141
26,180
.
2,10S
89,600
1,121,869
923,746
6.191
848.209
72,708
Reoelpti do not Include irraln passing thronsh
OR throoKh bills of ladlns.
New OrksHi
for
foretn
Total reoeipti at ports from Jan, 1 to Aug. 18 compare as
follows for f oar years:
1908.
lOfl.
1904.
1903.
M$tH9tiH —
com
O
11,001,462
18.863,306
18,844,781
18,<21.a78
27.960.488
62,789,094
70.6S2.171
;
1.869.748
11.806.668
99.801,886
90,489,880
88,008,761
38,8^8061
26,804.777
60,406,476
1.847.780
8,3i»2.569
1.509.263
8,166.800
85.517.073
u
Barley
680.108
8,124,388
1.&70W4
2,6A8.840
91,868.289
171.666,218
113,&05.«S6
S46.093.8S7
Bye
Totalsraln..^
The exports from the several seaboard ports for the week
ending Aug. 13, 1904, are shown in the annexed statement:
MaptrU /rem— kuik.
Hew York
56,U7
Osrn,
Flour,
Oatt.
bu*h.
bhU.
bM*K
580.136
42,960
40.129
26,179
£««.
»ufk.
P«ei,
B<xrl«y,
kMffe.
kutk.
8378
20,080
8,876
80.080
564
364
Boston
69,916
Portlaad, Me.
fklladelpkla..
89.600
8,ooo
101,080
27,542
altlmore
few Orleans
K«w4'rtNews
ce.oco
400
8,290
;
Montreal
281,784
40
2,381
18,191
8,164
108.191
MiTSiton
31,726
45,291
118,166
70,610
126,839
S8.781
Total week..
Same t Ime
'
401416
868.656
647,396
08..2.548,601
289,678
143,391
57,014
8.912
Ibe destination of these exports for the week and
July
1,
1904, is as
With
J09«rti tor
and f in<i
with
Aug.
Jutti 1 te,<nltca KinEdoB
^
iontlaeni
i.A 0. Amerioa.
vest Indies.....
tr.M.Am oolo'i
sotuitries
'otal 1003-08.
since
below:
riour,
,
.
SinciJ^uly
b6..
48.741
37,381
12.0dl
10,426
1.066
8.492
1904.
bkli
388,659
136,258
70.252
10B.031
«.S28
40,087
113.168
8by,678
744.469
1,788,940
18.
1,
whtn.
w<«k a^*» Jwl«
Aug. 13
bulk.
420,434
40,988
.
1904.
1,
2,518,691
oofn,
0in*i J«i«
.
Tr««k
AW0. 18
1,
1904.
r..<A.
buih
281.116
611,088
24.066
18.073
118
1,897.385
1,639,448
bulk.
8,947,268
808,047
••• «•••
461,4<,6
>
28.473
tea
3,878,783
18,704 787
868,656
e4T.3<«6
80935
180,108
14,348
17.898
3,248 805
7,943,884
The visible supply of grain, comprising the stocks in
(tanary at the principal points of accumulation at lake and
•aboard ports, Aug. 13, 1904, was as follows:
fFk«at,
kwik.
383 000
York.............
'•itsriet—
New
Do
Afloat...
Boston
32,000
64.000
178,dU0
036,00C
.«.
.*«.
..«.
Philadelphia
Baltimore
Orteant..^..««.
iaiTeston
....>..
tlontreal
ew
foronto
Oatl,
a»r%,
k«ik.
Do
Do
iieriat
k«lll.
117.«»on
Jllf.
884,000
46,«00
89,U0t
9;M0
56',000
6,000
'
'54,'d6e
186 boo
808 oo
85.000
713,000
184.000
6,000
81,000
"iVdoo
23,oeo
274.bM
isi'.odb
iTO.'ON
4%.odb
'eUdob
sisi/dob
"4,060
"i.ddo
14,000
"i,0M
'n.boo
'"8.000
916,000
2,698!a0u
s86'.6oe
Ms.'ddo
afloat
Detroit
k«lk.
ieo,9O0
ktllk.
23J,nO0
2;,OJ0
107,UOu
148.000
49.600
19,000
afloat.......
JO
Bum lb>
300,100
8,270,697
afloat
siaaio
'60,000
afloat
'bB,6od
4ilwanksa
Receipti
506.900
54,078
128,661
•orti
Do
Breadstnffs Figures Broaght from Page 745. —The
statements below are prepared by us from figures collected
by the New York Produce Exchange. The receipts at
Western lake and river ports for the week ending Aug. 13
and since Aug. 1, for each of the last three years have been:
74.400
1,000
au
k«th.
4C7.629
Toledo
to The
in the
Beriii,
£86.887
tnflalo
OHANOE or TITLE OF NATIONAL BANKS.
6,118—The First National Bank of Leger, Oklahoma Territory,
First National Bank of Altus, to conform to change
name of the town.
Oalf,
butu
99.400
68.480
364
Week 1008.
nher
Citizens' National Bank of Miamlsbnrcr, Ohio, has gone
into voluntary liquidation by resolution of its stockholders
dated July 11. to take efifct Immediately. Absoibed by the
First National Bank of Mlamlsburg.
buth.
6,600
Me
PortisDi,
LIQUIDATION.
4,822—The
o»rn,
ku«k.
MlTSItOB
Cumberland, Pean-
sylvania. Capital, f2ft,000. Ed. 8. Herman, President; Q.
Rally. Cashier.
First National Bank of Moant Olive, Illinois. Capital,
$2^.000.
President; Collie Clavin, Cashier
7,351—The First National Bank of Braymer, Missouri. Capital, $50,000. Henry Elchler, President; W. R. Lee, Vlee-Presldent;
J A. Ratbhnn, Cashier. Conversion of the Farmers' and
Traders' Bank of Braymer.
W.
7,350—The
1,629—The First National Bank
24.639
8,186
New Orleani*....^
W
dent; Mike Ditto, Cashier.
First Nation a! Bank of FayettevlUe. Arkaneae. Capital,
$50,000. 8. P. Plttman. President; F. P. Earl«, Vloe-PreBldent; Bruce Holoomb, Cashier.
7,347—The Batavla National Bank of La Crosse, Wisoonfin. Capital,
$400,000. E. £. Beatley. President; 8. Y. Hyde, Vice President; E. M. Wing, Cashier; J. A. Bayer, Assistant Cssbler.
7,848— The Cairpbell National Bank, Oanopbell, Taxas. Capital, §27,000. J. F. Haobler, President; R. E. Connor, Vice- President;
B. R. Brown. C»Bhler.
7,346— The
7,349— The
^.
^.
BoitOUM
M. Sloan, Caibler.
7,344- Tbe First National Bank of Cornwall. New York (P. O. Cornwall on-Bud*OD). Capital, $25,000. A. C. Wiloox, President;
M. A. Alexander, Vioe-Prealdent; Clark J. Brown. Casbler.
7,345— The Arllogton N»ttonal Bank, Arlington, Texaa. Canltal,
$25,000. B.
McKnlKbt, Preeldent; Jae. Ditto, VloePreBl-
tvn$»t,
y<«ur.
K$t*i9tft —
NewTork„
7,842—Tbe First yatlonal Buok of JaRonvllle, Indiana. Capital*
$2^,(^0O.
Job Frefra»n, President; W. J. Freeman. Cashier:
W. E. Hliepb«*r(1, Assmtaut O^'f'liler.
7,343—The Nttlion^l Bank of Glrard, PeuDitylvanla. Capital, $: 0.000.
H. G. Harvey, Preeldent; J. O. Murpby, Vlce-Prealdent; O.
ports for
the
RATIONAL BANKS OBOANIZBD.
Oertifleatea Issued July SO to
[Vol. Lxxix.
DO
*
6.6bd
"M.'dM
'eb'.ooo
•float
880,000
846,J0«
Fort William
Port Arthur
660, -00
1,000
'iiidbo
0.000
6a,eeo
8,84 1, OCO
1,6C6,000
'"ijaoh
64.000
'i4S,o6b
"s'tj.doh
'237,'dde
176,000
8,100
8,000
taniaiOlty
860,000
117.000
PeoTla
Indianapolis
)B Hisslssippl Blver
6,000
8,000
120,>i00
63,000
25,000
348,000
19,000
628.no6
3X0,000
1.828,000
4»9,0«0
'60,000
2,379,000
a.iow.oco
6,002.000
1.432.000
6.447.000
878,000
816,000
498,000
807.0O0
986.000
"880,000
b»8,000
897,000
Dulnth
afloat
Oi.
dlBBeapells
H.Louli
Do
afloat......
iBLaket
aaanalandrlTer.
Total
Total
Total
Total
Total
Auk.
AUB.
Auk.
Auk.
Aug.
l.S,
fl,
i.eoo
V.
.
1904.
19.668,000
5.096.000
1904
.18 61:) 000
6,97.i,000
12,538,000
6,669.000
6,438,000
ia.783,000
'6 1908.
i8, 1902. 20,261,000
17. 1901. .88.770,000
04,000
Ml.OOO
253.000
faction Sales.— Among other seouriti es the following
not regularly dealt In at the Board, were recently sold at
auction.
By Messrs. Adrian H. Muller
&
Son
Bonds.
stocks.
Mexican Tel(')r. Co..232-222i«
Trust Co. of Amerioa. ...477>«
34319
Chatham Nat. Bank
161
Windsor Trust Co
10 Corn Exchange Bank... 388
315 U. S. Min. ATrad. Co.. $60 lot
135>8
50 Kealty Associates
20
20
25
10
$1,000 N. Y.
<b
HoDok. Ferry
Co. 5s, 1946,
J&D
107i«
$42-90 Lou. Hend. & St. I>.
1.9^
RR. stock fcrip
15,000 Buff. <fe 8npq. Iron Co.
1st 5s, 1932,
J&U
9493
.H
..
A»eu20,
THE CHRONICLE.
1904.'
New ¥ork City Clearing House Banks.—iStatement of
Dondition for the week ending Aug. 13, 1904, based on average of daily results.
We omit two ciphers (00) in all eases.
BANKS.
Capital-
Surplus.
Loans.
Specie.
Legals.
$
$
$
$
t
Deposits Me.
715
—
New York
City, Boston and Philadelphia Banks. Below
a summary 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
We omit two ciphers (00) in
BANKS Surplus.
Specie.
all these figures.
I.^gals.
Circu-
_,
Clearings.
latum.
posits.\
s've.
$
Bk. of N. Y.
Man hat. Co
Merchants'
Meclianica',
City
Merch. Ex
^
Gallatin ...^
But. <Si JJrov
Mech.cfeTra.
Greenwich
Amer.Exoli.
Commerce..
Mercantile
^
Pacltic
Chatham
. .
People's ..J
N. Americaj
Hanover
—
Irving
...
Citizens'
.."
Nassau
,
Mar.<fc Fultj,
Shoe ifeLthtt
Corn Exch
.
Oriental ...
Imp. & Trac
Park
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
500,0
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
750,0
1,500,0
3,000,0
East Biver
Poarth ...:
Second
250,0
3,000,0
300,0
First
10,000,0
N.Y.Nt.Ex,
1,000,0
Bowery ...
250,0
200,0
N. Y. Co..,
German An
750,0
Chase
1,000,0
FUth Ave ..
100,0
German Ex)
200,0
Germama ..
200,0
LlncoU
300,0
Garfield
1,000,0
Fifth
250,0
Bk. ofMet..
1,000,0
West Side..
200,0
Seaboard ..
500,0
IstN.Eklyn
300,0
Liberty
1,000,0
N. Y.Pr.Es,
1,000,0
New Amst.
500,0
Aator
350,0
2,586,7 20,707,0
2,492,3 20.896,0
1,458,4 13,872,3
3,381,8 21,028,0
3,693,3 26,113,5
3,232,0
284,8
16,885,2 180,767,0
7,564,2 24,594,0
5,459,5
362,0
8,641,1
2,219,4
2,025,1
120,4
4,603,0
355,8
2,330,7
530,9
4,076,6 27,917,0
11,786,9 173,573,0
4,513,6 24,045,3
2,973,9
618,6
6,239,3
1,095,1
2,150,4
400,5
2,106,8 17,251,5
6,705,a 54,236,6
6,849,0
1,0^5,8
648,2 16,214,3
2,632,8
313,1
6,656,0
1,322,2
7,558,7
360,2
3,397,2 29,320,0
7,688,0
1,076,0
6,794,3 24,275.0
7,090,2 71,347,0
1,090,9
133,3
3,041,2 21,44.5,6
9,275,0
1,402,9
13,743,9 94,253,9
7.370,2
873,7
3,000,0
767,7
4,473,5
663,0
3,715.5
524,3
4,006,6 46,686,6
9,012,0
1,738,0
2,677,1
676,2
2,656,9
874,9
1,346,2 11,640,3
7,268,7
1,287,4
2,601,3
379,5
6,382,3
1,429,0
3,113,0
548,6
1,428,1 13,329,0
4,127,0
593,9
1,935,9 11,780,5
4,995,1
495,0
5,794,0
549,4
4,706,0
559,4
3,912.0
14,642,0
8,370.0
4,435,0
4,521,1
6rt4,0
61,125,2
5,896,0
1,470,2
1,077,1
468,6
623,0
700,4
3,8.')7,0
26,947,0
4,893,4
498,2
770,9
116,1
2,618,6
12,997,8
1,022,5
2,679,3
258,5
1,541.0
1,932,7
4,837,0
923,8
4,236,0
20,424,0
139,1
3,768,7
1,115.0
41,118,9
1,550,3
321,0
923,9
701,4
11,991,0
2,361,0
195,0
429,2
943,9
1,704,3
508,8
1,829,2
644,0
2,567,0
713,0
2,587,9
1,107,1
1,260,8
997,0
$
P.O.
1,816,0 21,094,0 27-1
2,067,0 34,160,0 48-9
1,388,3 21,835,8 44-6
1,540,0 22,301,0 26-7
2,432.4 28,b74,8 v;4-o
273.0
2.920.0 32-7
8,303,6 201,822,0 343
1,872,0 24,«30,0 31-2
603,0
6,497,1 31-9
544,5
6,474,4 25-0
44,2
2,264,3 22-6
502,0
4,794,0 23-4
460,3
2,539,6 4 5-7
2,312,0 22,li3,0 27-8
15,962,8 166,913,2 25-1
1,389,6 22,400.6 U8-0
488,2
3.627,0 27-1
894,4
6,349,9 26-2
613,4
2,589,7 28-1
1,702,9 16,683,5 25-3
3,789,5 66,491,2 25-2
566,7
6,450,0 24-6
2,429,5 19,821,6 25-8
301,5
2,993,5 18-6
665,5
7,200,2 30-6
347,4
9,078,2 251
4,071,0 35,699,0 250
484,0
7,289,5 19-3
1,329,0 21,857,0 25-4
5,367,0 86,508,0 .;9-8
189,7
1,177,2 27-9
2,950,9 24,625,9 27-2
1,093,0
9,656,0 22-8
1,941,4 111,153,0 38-7
483,4
7,003,4 290
306,0
3,316,0 lS-9
461,9
5,440,9 25-4
221,9
3,642,9 25-3
1,982,8 55,565,7 25-!
279.8
9,987,5 26-4
620,0
3,207,7 25-4
822,3
5,095,9 24-5
1,940,6 12,171,5 23-6
242,8
7,405,2 26-4
136,5
2,536,0 26-4
458,2
9,214.2 24-8
314,0
3,759,0 2ir4
1,677,0 15,695,0 27-0
749,0
4,632,0 31-5
249,0 10,568,5 26-8
402,5
5,491,1 2V-5
426,4
6,732,8 25
150,0
4,639,0 24-7
Total... 115,972,7 134,323,4 10964914 276,864,9 82,659,7 12071325 29-7
t
t
Total United States deposits included $23,374,200.
—
Reports of Non-Member Banks. The following is the
statement of condition of the non-member banks for the
week ending Aug. 13, 1904, based on average of daily results.
We omit tvjo ciphers (00) in all cases.
*
$
N. V.
10998492 265,955,4 85,015,0
J'ly30 250,296,1 10973381 271,182,9 s6,048,l
Aug 6 250,296,1 10954769 273,168,2 84,194,0
Aug 13 250,296,1 10964914 276,854,9 82,659,7
J'ly 23 230,296,1
Capi-
Sur.
Loans &
Aug
18,076,0
17,154,0
17,527,0
52,635,4 175,899,0
52,635,4 177,570,0
52,635,4 177,446,0
6
Augl3
00s omitted.
tal.
plus.
Invest-
ments.
Net
Leg. T.
JeBank Clear'y Other Deposits
Notes. Agent. Bks.&c
N. Y. City.
Boroughs of
71,962,0
73,025,0
72,516,0
48,167,1 196,111,0
48,167,1 196,743,0
48,167,1 197,605,0
Augl3
Columbia
..
14th Street.
Gansevoort.
Hamilton ..
Mt. Morris
Mutual
19th Ward .
Plaza
Riverside ..
State
12th Ward
23d
Ward
..
YorkviUe ..
FldeUty ....
JeiTerson
..
iSo,o
300,0
100,0
200,0
200,0
250,0
200,0
200,0
100,0
10O,0
100,0
200,0
100,0
100,0
200,0
400,0
100,0
100,0
Century ...
Wash. Hgts
United Nat. 1,000,0
236,3
295,5
107,6
80,0
129,6
116,3
186,0
188,7
257,2
106,7
655,8
113,2
102,9
283,8
118,2
295,7
58,2
133,3
123,9
Consol. Nat. 1,000,0 1,127,5
Union Exch 750,0 471,5
2,091.0
4,272,0
1,640,5
2,038,4
3,068,8
2,372,3
2,535,9
1,743,2
3,016,0
1,169,7
7,389,0
1,654,0
1,352,2
1,906,6
810,7
2,030,7
697,0
620,9
2,044,9
3.762,4
4,245,6
58.0
236,0
84,9
7,8
175,0
137,6
34,4
34,4
101.0
11.3
448,0
39,0
59,0
39,4
1'2.0
8,1
27,3
10,3
206,9
303,2
108,6
192,1
113,0
77,9
159,9
97,8
89,4
234,0
154,5
91,0
104,9
289,0
215,0
145,8
281,4
47,4
90,3
33,7
20,6
61,8
46,9
189,6
$
721,5
352,0
315,0
181,8
143,8
3,5
183,3
52,6
275,0
49,7
227,9
55,3
5,4
79,5
137,8
.')98,0
622,0
74,5
10«,0
116,0
146,9
293,0
61,0
201,7
41,8
100,3
84,5
468,5
793,7
247,9
887,0
193,9
227,0
6,3
94,0
27.0,0
16,6
Boroufih of
Brooklyn.
Broadway
Brooklyn
.
..
Mfrs.'Nat..
Mechanics'
Merchants'.
Nassau Nat
Nat. City
North
..
Side.
Peoples
17th Ward
.
SpragueNal
Union
Wallaliout .
BoioukIi ...
Boroui/h 0/
150,0
300,0
262,0
500,0
100,0
300,0
300,0
100,0
100,0
100,0
200,0
200,0
100,0
200,0
334,6
167,6
552,0
396,5
63,5
755,8
604,2
174,1
180,2
86,9
249,8
llli,6
83,1
88,9
2,105,4
1,418.1
3,242,4
6,931,1
1,136,4
6,382,0
3,278,0
1,076,7
1,357,9
64«,9
1,160,0
1,066,4
776,9
1,566,0
13,9
109,1
297,1
201,9
9,5
210,0
131,0
16,0
69,6
12,0
106,0
46,9
54,6
24,4
196,6
482,2
54,5
356,8
106.2
747,0
616,7 1,023,1
62,8
117,3
401.0
951,0
369,0
711.0
83,2
54,2
142,6 291.3
54,2
73,3
20.0
204,0
93,9
91,7
31,8
52,1
118,:i
100,0
.
22,2
60,9
70,0
10,8
26,0
262,0
299,0
112,0
40,7
30,0
576,2
154,9
66,0
2,439,1
1,824,4
4,010,0
8,720,4
1,238,7
5,828,0
4,198,0
1,307,4
1,744,7
;
1904.
I'or week.
Dry Goods
General Merchandise
TotaL
Since Jan.
111,5
749,8
55,0
l,i;03,5
3,873,7
165,8
654,9
278.6
288,1
2,197,0
1,193,5
1,466,6
78,3
69,1
59.7
70,0
.388,7
174,3
14,5
77,1
247,2
626,3
14,1
4,9
First Nat...
Second Nat.
539,7
153,8
2,186,8
1,201,8
158.0
40,7
41,6
55,9
140.3
63,2
276,0
66,6
Tot. Angl
Tot. Aug „
Tot.,I'ly30
121318
121318
121318
10,0
187,0
Hudson
Total 32 weeks
.
$10,463,613
.$74,047,371
Second Nat.
Third Nat..
288,858,897
$2,012,680
10,117.382
$10,276,396
$9,735,800
$12,130,062
$83,444,127
286,714,408
$76,502,813
264.596.Xlo
$65,391,730
282,536.382
.$362,906,268 $370,158,535 $341,099,633 $347,928,112
EXPORTS FROM
NEW YORK
For the week
Previously reported..
$8,379,708
287.708.091
$8,478,791
.301,(536,163
l,96l>,8
2.249.0
1.246.8
4,069,4 5,064,0 137952 6,909,1 1079193
4,020,4 5.37(1.6 137806 7,181,3 IO703..7
4,079,9 5.485,2 137618 7.089,4 1061294
1902.
1901.
$8,235,016
2S7,424,260
$9,452,826
321,303.691
Total 32 weeks
$290,087,799 $310,114,954 $295,660,276 $330,750,517
NOTE. As the figures of exports as reported by the New York Custom
House from week to week trenuently show divergence from the moutlily
totals, also .compiled by the Custom House, we shall from time to time ailjust
the totals by adding to or deducting trom the amount "i>reviou8ly reported."
—
The following table shows the exports and imports of
specie at the port of New York for the week ending Aug. 13
and since Jan. 1, 1904, and for the corresponding periods in
1903 and l902.
EXPORTS AND IMPORTS OF SPECIE AT
NEW YORK
EXPORTS.
IMPORTS.
i^incf
\Vee/c.
Great Britain
Jan.
Week.
1.
Since Jan. 1.
$19,637,476
41,305,126
France
Germany
West Indies
$1,565',717
2,906'82i
1,693,395
2,042,975
2,000
1,602,660
Total 1904
Total 1903
Total 1902
Silver.
Great Britain
$ii5o6
'"si 5 50
1,500
(52,937
$6,429,764
3,694,717
1,581,356
!8743,500 $23,915,700
$535
763,109
26,800
193,847
48,600
1,356,100
10,123
$2",6l5
2,667
8,746
112,114
363,061
117,380
3,085
West Indies
"i',745
Mexico
South America
All other countries
Total 1904
Total 1903
Total 1902
$2,047,346
1,439,882
1,633,803
480,545
66,057
699,194
$8,550
10.842
40,856
$3,008,377 $67,487,793
1,200
32,809,601
6,007
24,995,710
France
(Germany
"i;309
$607,578
3.324
28,056
22.625
$745,245 $26,312,779
514,676 20,258,559
20.874,236
•
1.027.104
1,051,018
841,501
Of the above imports for the week in 1904, $1,500 were
American gold coin and Sl'iO American silver coin. Of the
exports during the same time, $3,008,377 were American gold
coin and $
were American silver coin.
Auction Sales.—See page preceding.
Spencer Trask
&
Co.,
Bankers,
WILLIAM
<t
PTM<";
NEW
STREETS.
YORK.
Special circular carefully describing
the property covered by an Electric
Illuminating Company First Mortgage
Gold Bond, paying the investor 6"«,
6,101,6
HonOKEN.
FOR THE WEEK.
1903.
1904.
1,678,7
2,121,2
1.142,5
1901.
$2,677,192
7,058,608
of dry goods for one week later will be found
in 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. 15, and from January 1 to date.
792,3
326,4 1,761.3 1,343,7
1902.
$2,538,900
7,737,496
The imports
Co.
National
1903.
$2,364,039
8,099,574
1.
Dry Goods
General Merchandise
JerseyCity
First Nat...
91,880,4
93,634,3
83.698.5
Imports and Exports lor the Week.—The following are
New York for the week ending for dry goods
Aug. 11 and for the week ending for general merchandise
Aug. 13 also totals since beginning first week January.
FOREIGN IMPORTS.
Richmond.
l8tNat..H.I.
242,288,0 11,469,0
243,550,0 11,421,0
244,889,0 11,380,0
the imports at
()<)H,6
1.201,(»
l,5ia,ll
h92.i;
111,951,4
118,287,5
111,258,5
7,362,(1
;
All other countries
3,010,5
4,348,0
2,033,6
2,239,1
3,445,6
3,029,5
2,586,3
2,309,2
3,480,0
1,413,0
8,593,0
2,051,0
1,804,7
2,460,2
791,2
1,934,1
753,5
508,0
1,160,0
2,561,0
4,490,4
7,406,0
7,343,0
t InolucLmg for Boston and Philadelphia the item "due toother banks,"
and also Government deposits. For Boston these Goveirnment deposits
amounted on Aug. 13 to $3,740 ,000 on Aug. 6 to $3,753,000.
Mexico
South America
Man&Br'nx
Colonial
7,032,0 218,798,0
6,799,0 219,028,0
6,831,0 217,437,0
Phila.
J'ly 30
Aug 6
Deposit with
Specie.
$
39,132,6 1,268,664,9
38,962,9 1,059,864,5
38,641,5 1,022,928,1
38,293,5
992,146,4
Bos.
J'ly 30
Gold.
BANKS,
12014432
12049656
12042134
12071325
Members N.
INVESTMENT
SECURITIES.
stock
V.
Branch
K.vchauKC.
Moffat
Memberii
&
New York
Office.
(V5
State
St..
Albany
White,
Slock KxrAaage.
1 NASSAU STRKKT. CORNKR WALL,
JDcnlors in Invcotinont §oriirltles.
Tel. 5820<{>821 Cortlaodt.
Telepliane Htoeka • Hpe«l«l»y.
THE CHRONICLE.
716
[
Vol. lxxix.
Ntate and Railroad Bonds.— No sales of State bonds have
been reported at the Board this week. There has been a
notably larger volume of business in railway bonds than for
For IHxidtndM «e« page 713.
several weeks past, but otherwise the market is unchanged
in general character. The offerings of high-grade bondg
WAIiL HTREET. FRIDAY AUG. 19, l»04.-a P. M.
The Mont'y Market and Financial Sltnation.— The mar- are so meager that they are practically out of any review of
ket for seonrities has been somewhat irregular this week. dealings at the Stock Exchange.
Several issues that have been active fhow an advance of
Reports of a cut in prices in most departments of the iron
a point.
ana steel industry, reports also of the practical destruction from 1 to 2 points. United States Steel 5s declined
United StatCH Bonds.— Sales of Government bonds at
of large areas of spring wheat, and the prospects of early
frost, have had less influence upon prices than the prevailing the Board are limited to §"500 8s, coup. 190'i-18, at 105 and
belief in WhII Street that general business will be better $15,< Oj 38, r.-g. 19 J8 1-^ at 104^ to 105. The following are the
during the next twelve months than for some time past. No daily closing quotations; far yearly range see thtra page
doubt this belief has been stimulated somewhat by recent following:
Japanese victories, both by land and sea, in the siege of
InUrsst
Aug. Aug.
Aug. Au
Port Arthur, and the probability of an early surrender of
FsricAs ^;T
71
19
railway ts.lOSO
that osfc. The consequence is a further advance
registered q— Jan '104H •104S '104S '104»4 104 »4 '104<lt
securities, especially those that will be most benefited by Ss, 1980
coupon Q— Jan >104H *104S >104S '104»4j •104»« 104^
Ss, 19S0,snuU.registered
the enormous crops now almost assured.
Ss, 19S0, smaU
coupon
In regard to the condition of spring-wheat, reports are Is, 1918
106
registered
10$
•104»a 104 H 104S '106
•106
>106
'106
conflicting, but an advance in the price of wheat futures Is, 1918
coupon
106*«*10iV 106 «•
registered
small.
Is,
1918,
this we^k o the highest in many years seems to be the result
*106
*10l 'lOI
106 >*106
i06*'
coupon
Is, 1918, small
of a aptculative movement, and is not based on known facts is, 1907
regUtered
•106V» •106>i 'lOOH 106
106H 'ioe«i«
ioe»4
coupon
*i06>i -loes *ioe>«
is, 1907
106H 106*4
in regard to the crop.
•181
181>« lll>«
*1I1 '*H1
registered
is, 1936
Saturday's bank statement showed another addition to the is,
'111%
coupon
*1I1S *1I1S *1I1S
1936
•181>»*181>t
large surplus reserve, bringing the total up to $63,500,000.
'TklBis the prloe bid at the morning board; bo smit was made
No gold has been exported to Europe this week, but instalRailroad and Niscellaneoiis HtoekB.-The $to«k market
ments amounting to $3,000,000 went to Havana on account has been more active, especially during the early pagt #f the
of the Cuban bond purchase.
week, and with a few minor exceptions price« have adThe open market rates for call loctna on the Stock Exchange vanced On Monday 850,000 shares were trade* in and tke
dnrlng the week on 4tock and bond collaterals have ranged market was decidedly strong. Tuesday's market was irregufrom
•f 1 to 1 1-10 p. c. To-day's rates on call were ^ of 1
There were liberal sales to realize profits aad the bear
lar.
to 1 1-10 p. 0. Prime commercial paper quoted at 8^@4 per element was aggressive on renewed unfavorable c«op recent for ondorsements and 4@4^ p. c. for best single names.
Wednesday's market
ports from the spring-wheat belt.
The Bank of England weekly statement on Thursday was relatively dull but firm, since which reports ef better
ihowed an increase in bullion of £815, 186 and the percent- weather in the West have kept the tone of the market genage of reserve to liabilities was 54*08, against 51 '29 last week, erally firm until to-day, and encouraged a larger voluate of
the discount rate remaining unchanged at 8 per cent. The
business. The result is an advance of from 1 to t poiats for
Bank of France shows a decrease of 1,250,000 franos in a long list of active stocks, notwithstanding some veactioas
gold and 2,125,000 franos In silver.
to-day.
The New York City Clearing-House banks in their state
The local transportation issues have continued eonspicument of ^ng. 18 showed an increase in the reserve held of ous. Manhattan Elevated was steady tintil Thursd a v, when
$2,159,400 and a surplus over the required reserve of
Metropolitan Street Railway,
it moved ud about 3 points.
$67,781,476, against $50, 08,850 the previous week.
Metropolitan Securities and Brooklyn Rapid Transit have
rOKK OITT OLBABINO-HOniB BANKS.
been irregular. The grangers, trunk lines an* trani-conIHJftr*ne*t
tinentals have generally been strong features of tke Biarket.
190t
1904
1903
from
Aug. 18
Aug. IB
Aug. 16
American Sugar Refining is again prominent as a Biarket
pr*9iotu %»»4h
leader, although its fluctuations were not wide until toAmalgamate* Copday, when it declined over 2 points.
©a^jettje.
IBatiTijcrs'
^
^T
m
I
'
^
>-
BW
110,973.700
l8i,S23.400
Oftf Ital
Bmrpliu
Xiowu * <U>ooimt« 1,096.491.400 IBO
OlreiilAtioB
ir«t deposit*
SyMi*
IiCgaltoBden
BMerre held
15
p. 0. ot
deposits
376,854,000 I no
83.659,700 Deo
1,014,500
348,000
2,910,100
3,686.700
1,534,800
8«9,514,e00 ISO
801.783,135 Ine
3,153,400
729,775
88,998.500 Deo
•1.307.182 600 I no
110.433.700
139,661.300
908.345,600
43,910,800
170,630,000
76,766,600
100,073,700
114.6S7.100
939,148,000
33,106,100
960.246,000
170.838,000
76,360,100
347,897,400
335.833,836
347.188,100
340,061,600
903.335.81)0
uplns
reserre
67,731.476 Inr 1,432.626
21,663,676
7,136,600
'$38,874,300 United States deposits inoinded, against $23,870,100 last
week and $37,336,600 the oorrespondlng week ol 1903. Wltb these
United States lepositsellmiBated.the sarvias reserve woald be $68,676,025
•n Angast 13 and $63,1 51,376 on Angnst 6.
MOTB.— Betnmsof separate banksappear on thepreoedlng page.
per advanced 2 points and Anaconda Mining jumped from
73 to 80 on Thursday. The iron and steel issues have keen
steady, notwithstanding some imfavorable reports of trade
conditions, especially in regard to maintaining prices.
For aaily volume of btisiness see page 7iS,
The following sales have occurred this week of shares not
represented in our detailed list on the pa^es whioh follow.
8»Ui
STOCKS
Itmngt ]or Wetk
S«»f < line* 3a,n. 1.
Xnding Aug. 19 Week
6 scar 15 Feb
Allls-Chalmers Oo
800 11 AuglS 11 AnglS
39><Mar 64T8B^l>
Preferred
160 47 AoglS 50 Aug 19
5%Angie 6 AoglA
3 "iJ'ne
7 J'ly
Am Steel Voundrles
300
Preferred
26 J'ly 3»>«Jan
100 36 Aug S 36 AnglS
6S May 90 J'ne
100 82 AuglO 82 Aug 19
Ohio Ind <fe LoulsT, pref.
14^Aiig 21 Jan
Nat Gnam
-«tamplng..
926 14*4Angl6 16>2Auglf)
89»«J'ne 45 Aug
100 46 Aagl6 46 AuglS
N Y Dock pref
40 Feb 163 H Aug
10 162>«Angl6 162'aAugl«
N Y * N J Telephone...
200 183S»,Angl8 ISSVjAugl? 179Vr'ly ISmiAug
Pitts. Pt. Wayne & Ohio.
2'nAng
21^ Aug
South. Paciflo rights
3VAngl3 2'^Aiutl6
31,467
Wetit
'
Foreign Exchange.— The foreign exchange market was
easier this week, though with slight fluctuations, and the
inquiry for remittance was moderate. The tone was firm
at the close. Gold exports to Havana, $3,000,000.
To-day'$ (Friday's) nominal rates for sterling exchange
were 4 86 ff4 86i^ for sixty day and 4 89 for sight.
Today's (Friday's) actual rates for sterling exchange were
4 8545@4 8565 for long, 4 8810@4 8815 for short and 4 8860(3
4 8870 for cables. Commercial on banSs, 4 8525@4 8535, and
documents for payment, 4 8440@4 8590. Cotton for payment,
4 8440@4 84>^; cotton for acceptance, 4 8525@4 8535, and
grain for payment, 4 8580@4 8590.
To-day's (Friday's) actual rates for Paris bankers' francs
for long and 5 16^t@5 16%» for short.
Germany bankers' marks were 95@95 1-16 for long and
953^t(a95J^ for short. Amsterdam bankers' guilders were
40V^1[(g40 3-16* for long and 40%t@40>^ for short.
Exchange at Paris on London to-day, 25f. 26J,^c.; week's
range, 25 f. 25^ c. high and 25 f. 25 c. low.
The week's range for exchange rntes follows:
were 6 18i^t@5 18i^
-Long.
SterUng Aetual~-a 4 8695
High... 4 n545
'9 4 8660
IjOW... |4 8540
Parit Banksrt' JYane$—
'a5 18>«
High... 15 18 >«t
I
Low. .. 5 1ri'«* » 5 18>«(
Ofrmany Sankert" Mark*—
I
High...
Low....
96
d
»
9»li«
,
.
-Short.-
-Cables.
|
4 8810
4 87i)5
I
5 167,t
6I7I9
«
9
6 le^B*
6 16»««
96i«t
®
96>a
|
I
4
4
8815
8810
4 8860
4 8860
96
a 96»i.t
95S
Amsterdam Sank*rf €fuUder»—
High...
» 40»i«»
40^*
« 40Tt»*
40VI
40i«1i
« 40»i«*
Low....
40^*
« 407„»
Less: • »i« Ol 1%. t »s» Of 1%. * »«, Of 1%. Plus
Plus: 11
11li,otl%.
lig Of 1%. ••
I
I
94>»i«
I
-a
9
,
4 8866
4 8860
I
I
I
I
I
I
,
:
!,« Of
1%.
The following were the rates for domestic exchange on
New fork at the under-mentioned cities to-aay Savannah,
12i;^c. per $1,000 premium; Charleston, 25o. per $1,000 premium; New Orleans, bank, 26c. per $1,000 discount; 00m
;
merclal, 50c. per $1,000 discount; Chicago, 60. per $1,000
discount; St. Louis, 5c. per $1,000 discount
par; San
Francisco, $1 per $1,000 premium.
®
1
Outside Market. — Dealings in the market for unlisted
securities assumed much larger proportions this week and
values, with few exceptions continued to move upward. In-
was again the overshadowing
feature of the trading, the price making a further substantial
advance on a repetition of the recent Metropolitam deal
rumors; tbfse shares rose 14^^ points, to 150, ard closed today at 148^. Seaboard Air Line stocks have been mederately active; the common lost \% points to 9 on Saturday,
but later it advanced to 11^ and ended the week at 11^;
the preferred dropped 3 points on Saturday to 18, tkcn recovered, and on Thursday touched 223,^; to-day there was a
reaction to 21. Northern Securities stock moved irregularly
between lOl^g and 108% and closed to-day at 102; it is estimated that about 8,000 shares changed hands during the
week. After a loss of \i to 113, Southern Pacific new preferred "when issued" rose to 113^^, but subsequently reacted
again to 113^^. Wabash-Pittsburgh Terminal Railway 1st
48 gained Vyi points jto 86i^; the last sale to day was at 86;
the 2d 4s moved up from 45;?^ to 47i^ and closed
at 461^. New York Central debenture 4s gained
\\i
points to 99. Unusual activity and strength developed
in New York Transportation shares this weeb; the price ran
up 3 points to 7^ and the final sale to-day was at 1%, Manhattan Transit rose from \\ to %y^. Washington R ilway
Electric 4 per cent bonds advanced from 81^ to 83^; the
common stock moved up 23^ points to 15 while the preferred gained 4 poii ts to 70; the last sale was at 69J^. MonBoston Consolidated was the feature of the copper
treal
group; transactions in this stock were very large, and the
price advanced from l^g to 2^^; the close to-day was at 2.
After a decline from 14"^ to 141.^, Greene Consolidated Copper recovered again to 14'^.
Outside quotations will be found on page 728.
terborough Rapid Transit
&
,
I
<fe
&
W
New York
.
AiV. IS
*27
*B5
81=^
81
97^8
muesiiav
)
Aug. 16
82H!
•27
•56
81
98
86'^
Thursday
Aug. 17
Aug. 18
•27
•57
Sl^'a
81 Hi
97 14 93 >«
119Hill9Hi
84Hi 85
•90
93
53 18 5334
30
69
SO^g
a;85
{126
•130
126
8638 86H1
12534 126'e
--J
'41
rT7..J^ .»j«...
30
59
98 14
97 '8 98 H.
118 118 UOH1I2O
84 'g 8538
85 Hi
91
91
94
«94"4 94V «92
fS\ 64 'd 54 ig 54^8 533g 54i%
127 127
•125 127 '125 127
•130
*130
•130
8638 8636
8638 86
80
86
127ial28'^ 12738 12818
127 '^ 128
66
64-^
65
•65H2
Hi
64°B 64°t^
•164 165^1 166 Ha 165 H; 165 165
38
3838
37
Hi
37
14
Hj
86^ 87
39'8 4014
4036
4031
40
40
"8OH1 83
80Hi 83
•SOHj 83
180
•180
J •180
125 150
130 130 »125 130
1434 15 "4
1434 1514
14''8 15
•81
84
84
§8i
•81
84
52
«52
60
5oH?
52
62
25
24 H> 2434 23
•2«
24
149 'e 14S3* 149^8 151»6 150'8l51i4
1793418! 17934 181
•17il3j 181
183 184
183Hil83H2
182 182
•218 223
97 Hj
117'8ll7'8
86^
1
I
SO
57
•27
57
30
60
79^4
1
,
jvonaay
Aug. 15
1
Stock Exchange —Stock Record, Daily, Weekly and Yearly
OCCUPYING TWO PAGES
BrOC£&—HIGHEST AND LOWEST SALE PRJCBS
1
9
4
...
{66
165
3738
*39Hi
80 Hi
180
123
65
166
8818
40i«
83
•27
29
•57
69
81 19 82
97 Hi 98 V
•28
•56
120»g
120
85
92
120
*91
53
130
130
130
130
•130
123
Stiares
-
-
pref
Atlantic Coast Line BR..
l>altiinore& Ohio
Rapid Transit..
5434 Broolclyn
130
Buffalo Roch.
&
Pittsb'g.
89
8938 Buffalo & Susque, pref...
12634 128
/ lanadlan Pacific
*63'8 66'4 V Canada Southern
166 166 Central of New Jersey...
3739 38 '4 Chesapeake
Ohio
*39Hi 40Hi Chicago
Alton
83
Hi
Do pref
86 Hi 89
126Hj127i«
65 66
165»8 165^8
37Hj SS",
39Hi 40Hi
•80Hi 83
pr©f
&
&
80
180
Mange
On basis
Chicago Burl
<fc
tor Year 1904
of 100-share lots
Lotoest
Hange
lor P»-ewfo«4
Year (1903)
Quincy..
Highest
Lowest
Highest
28 Angll 25 Dec
50 J'ly 21 54HiDec
Feb 2
82 Hi Aug 16 54 Aug
15,132 87=8 Jan
9834 Aug 1
8438 Aug
800 104 Hi Feb 18 121 J'ly 21 106 Dec
25
"2'o'o {4934
Topeka & Santa Fe. 172,020 64
Do
983^
120
86
92
53^
5434
Hi
Do
i\.
01
the
Week
Railroads.
......>*
A nn Arbor
SlBg Atoh.
9734
Sales
STOCK
EXCHANGE
29
69
8OH1
85 Hi
93
847g
•180
140
STOCKS
NEW YORK
Friday
Aug. 19
J'lyll
J'ne 8
7278 MarU 8634 Aug 13
71=8
87=8 Feb 19 95 J'ly 20 8234
38 Feb 24 64 7e Aug 16 29 Hi
330 II8I4 Mar 2 130 J'ly 7 121
{135HiJ'ne24 ?a35HiJ'lie21 140
85 Aug 1 8938 Aug 1
6i3"o"6
23,445 109 Hi Mar 12 l28H2Augl5 116=8
38,871
281
81,216
Jan
41
69 Jan
89 78 Jan
103H2Jan
120
May
Sep 104
Jan
Feb
J'ly
9534
Sep
7118
Nov 150
Sep 160
Feb
Feb
Feb
Oct 13334 Feb
420 64 Apr2\t 68i4Jan 2 57 Hi Sep 78 Ha Jan
450 164HiFeb2<i 166 H, J'ly 13 153 Oct 190 Jan
25,226 28 14 Mar 14 3838 Aug 15 27I4N0V 53 Ha Jan
2,420 33 Jan 16 41i4J'ly26
ISHiSep 3714 Jan
75 Jan 2 86 14 Jan 21 60 Sep 75HaDeo
5181 Jan 18 aS2 Jan 14 5170 J'ly J184 Mar
124 Pebll a35 Mar24 105 J'ly 138I4 Jan
1278 J'ne 8 1734 Jan 22
13
Aug 29=8 Jan
10 80H2J'lyl3 80 '2 Apr 12 83 Hi Sep 9078 Jan
6334 5734
56'4
300 47 Hi J'ne 6 71 Jan 23 63 Oct 85 Hi Jan
•24I4 25
400 20 J 'no 6 31 Jan 21 24 Sep 4678 Feb
23Hi 21
15118 ISO^slSlSfc 150 161>4
100,610 137 le Feb 24 151=8 Aug] 5 I33I4 Aug 183 14 Jan
17934 181 17934 181 17934 181
173 Mar 4 182 J'ly 14 108 Aug 19414 Jan
181 184
182 183
I8I34 1827g Chicago & North Western
i",64'5 16118 Marl4 184
Augl5 153 Sep 2 24 Hi Jan
{223 223
50 207 Fob 8 224 J'ly 15 190 Aug 250 Jan
Do pref
{130 J'ne
Chic. Rock Isl'd <fc Pacific
a37 May 7 132 Oct 200i8Jan
•135 145
i38 iss i35 iio 135 140 Chic. St. P. Minn. <fe Om.
i35 i45
•135 145
110 135 Mar22 145 Jan 31 117 J'ly 162 Jan
175
175
175
176
•175
•175
{165 Apr28 {185 J'ly 20 {165 Nov 194 Jan
Do pref
•7
•6^9
63*
7
7
7 Hi
8
{7
7
i',796
6»8
7Hi
5HiMBy24 1234 Jan 15
7Hi
8 Aug 19 78 Jan
Chicago Term'l Transfer.
1634
17
{16
16 »
16
{18
16
2,220 13i4May27 261a Jan 15 15 Sep 30 Jan
15H» 16
Do pref
•5'4
534
5>4
6
534 Chicago union Traction.
5»4
4 J-lyll
738 Jan 4
6H2
5Hi
*4Hl
1,700
3 May 17 Ha Jan
5H»
28 30 •28 30 •28 30
30
30
200 29 May24 3334 Jan 18 30 MajJ 5934 Jan
76
7514
7514 75>4
7618 7514, Cleve. Cm. Chic. & 'st. h.
7434 75 Hj 7538 75Hi
•74^ 74'a
1,800 68HiMayl8 8O34 Jan 22 66 Aug 9933 Jan
100
100
10014110
110 100 110 •100 110
•lOOiillO
100 Feb 8 llOHiMarU 112 Dec 119 Jan
'4 110
Do pref
16 14 15 14
15'4 I5I4
14 'a 14'4
15«6
15 Hi 1534
1479 15>8 Colorado <fe So., vot. tni.si
15
6".9"7"i
13 Hi J'ne 1 19 Jan 12 10 J'ly 31 Ha Jan
5034 51 Hi
5038 51Hl
49ii> 50>v
52
5008 61*4
61
49
Do 1st pf. vot. tr. cfs. 8,310 48 J'ne 1 68H>Jan25 44 Hi Aug 72 Jan
60Hi
2II2 22
22
2IH1 213-1 {21Hi 2IH1
2OH1 21Hi
22Hi
3,070 1779 J'ne 7 2838 Jan 22 17 Aug 48 Jan
223e 22
Do
2d pf. vot. tr. ctf 8.
101 iei'< 161 161't 160 Hi 161*4 161 161S8 101 161»8 160'8 1617s T^elaware* Hudson
9,840 149 Mar 12 168HiJan22 149 Aug 183 Ha Feb
•270 276
272 Hi 272 Hi 273 275 }270 270 {270 270 270 272Hi L'elaw. Lack. <fe Wesfn.
445 250HiFeb23 27534 Apr 7 230 J'ly 276 Ha Jan
•22
23^8 23'8
2434 2614
23
23=8
25
23
25 Hi Denver* Rio Grande
4,170 18 Marl4 2614 Augl8 18 Oct 43 Feb
23\i 2378
7434 76 14
•7211 72 Hi
73
74'4
74
74
73Hi 74Hi 74H» 76
3,820 64 Hi Feb 24 76i4Augl9 62 Nov 90 Hi Feb
Do pref
•20
•20
•21
•20
25
30
30
•20
30 Des Moines <fc Ft. Dodge.
•i!V
100 19 Ha Jan 7 24*8 Jan 22 12 Sep 47 "4 Jan
32
•2
2
*2
2
2
2>4
{2
2
2
2
610
mj'ne27 1434 Jan 23
734 Aug 2038 Jan
SHj
2Hi
Detroit South. vot. tr. ctfs
•4
•4
•4
6
418
6
6
6
418
234J'ne27 29 Hi Jan 26 14 Nov 3934 Jan
400
Do pref. vot. tr. ctfs.
Ji"*
.I**
•67
67
•65
67
68
67
67
66
66 Hi
910 60i8J'nel6 68 J'ly 19 66 Oct 90 Jan
Detroit United
66H» 67
•6
•634
•6
•6
8
8
8 Duluth So. Shore <& Atl..
8
8
«8
518 J'ne 3 10i4Jana2
60
7 Aug 19 Hi Feb
IOI4 10»8
11
11 Hi 1134
9>4 AuglU 16^ Jan 23
1014
llHi
llHi llHi
10
l,8.i0
10 Nov 2938 Feb
nOHj lO"*
Do pref
26
2634 27«8
2534 2638
26
100,676 21HiMayl6 29>4Jan 2 23 Augi 42=8 Jan
26Hi
29Hi
26 Hi 27»8 I?rie
26Hi 25!^
ir6234 63
6414 65 >«
63 >» 64
63
64«8 65
64 J-i Do Istpref
Qi\ 64
16,695 55=8May31 6934 Jan 27 6218 Apr 74 Feb
88e« 39)4
39 14 40
3919 3934
assj
88«8 39
3838 8s*J4
38
Do
pref
6,660 33 Majl6 50 Hi Jan 2 44 J'ly 6478 Feb
58 69 •68 69 •68 69 Svansv.2d
•58
50
69
60
69>5
66
1,286 64 J'lyie 66 Hi Jan 27 89HiJ'ly 72 Hi Jan
<fe Terre Haute.
76 80
•75
•75
•80
80
•75
80
80
80
90
80
400 72 Feb 23 80 Angl8 78 Aug 91 Jan
Do
pref
43i« 4318
42
43
43
42
43
43
42
42
Ft. Worth&Den. C.stinp.
687 40 Mayl2 64 Feb 3 31 Sep 7434 Feb
•170 186 170 195 •170 185 •170 186 •170 185 170 185 Great Northern, pref
170 Marl 7 186 Mar23 160 Oct 209 Jan
•
73 *
73 •
70 Anglo 7978 Jan 7 73 Deo 85 Jan
73 Green Bay* W.,deb. otf.A
14i«
1334 14
13*4 1334
14"^
I414 14H2
14
14
Do
deb. ctf. B
223 11 J'ne 1 16>4Apr 6 10 Augi 27HiJan
72
72
72
73»4
7514 TTocktng Valley
70
19\
721a 731a
7aHi 72Hi •71
1.270 60 Mar2i 7718 Jan 22 63 Sep 106 Hi Feb
•82
83
83
83 Hi
83
83 1« AJ-Do pref
82 14
82 Hi 83
82
82Hi 8§
2,910 77 Marl2 86 Jan 7 77 Ocl 99i4Mar
136 I36I4 136I4 13634 136i4l363« Illinois Central
136Hil37
14,723 12584 Feb 24 137HiJ'ly20 126iflJ'ly 151 Jan
184Hj134H 134 »8 137
20
20 Hi 2034
20
2034
20
20 J-o'wa Central.....
20
«20Hi 20Hi
1,044 14 J'ne 4 2278 Jan 8 16 J'ly 48 Jan
19'b 197g
3834 3934
3834 {3834 3834
38
38 Hi 3334 *38Hi 39
Do pref
1,225 32 Feb 25 42 Jau 14 30 Hi Oct 77^ Jan
37'a 37'a
26i4 0ct
•28
•28
•28
28 29 •23 29 rranawha* Michigan..
29
'J8tJ
29
29
28
200 22 Hi May 9 29 Jan 2
47 Ha Jan
•73
7434 {74 14 74I4
73 Hi 74«8 *73Hi 74Hi lVc.Ft.S.<feM.,tr. ct8. pfd
73Hj 74
1,000 64 »8 J'ne 1 75 Aug 5 62>4 0ct 82\ Feb
74Hi 74H
•2214 23
22 Hi 2284 •22
23
{23
23
23
24 Kansas City So. vot. tr. ..
810 16HiFeb24 24 Angl9 16 Hi Oct 36i4Jan
t22>4 22^
431* 43Hs
4418 44>8 {4334 4334
44
44
Do piet vot. tr. ctfs.
910 31 Feb 29 45 J'ly 18 29 Oct 61>4Jan
443b 4434
441s 44Hl
•12 Hi 14
•12'4 14
lOHiJanll 1938 Apr 12 10 Oct 40 Mar
*12H» 14
•12Hl 14
Keokuk <& Des Moines...
•12'a 14
•12Hi 14
•47
•47
47 62 •47 62
"47
•47
62
52
62
62
Do pref
45 Hi Apr 7 52 Apr 12 48 J'ly {65 Apr
"3"4"6
•27
28 29 Hi •28 29 Hi r ake Erie <fe Western.
29
•27
28
28
29
29
28
26 Marll 30H;Jan26 23HlN0T 63 Jan
•85
*85
•85
•86
•86
•86
95
95
96
95
96
95
-Li Do
85 J'nel7 i 95 Hi May 24 89 Nov 118 Feb
pref
•245 275 •245 276 •245 275 L. Shore <& Mich. South'n
•246 275 245 275 •246 275
{260 J'ly 1 {27134 Feb 24 275 Deo 8 34 Hj Jan
:'*63
53
•53
62
56
56Hi
Hi
Hi
62Hi
56Hi
*52Hi
Long
Island
46 Wayl7 66 Hi J'ly 19 49 Dec 83 Jan
56Ha
56Hi
56H
1 19 !« 12014
i llSHillSH
I2IH1I22H1 12034 121»8 LonisvUle <fe Nashville. .. 27",4"5"6 101 Feb23 l22HiADglO 95 Sep ISOHaJan
1190s 122Hi 120 Hi 122
I5II4 15218 152Hil55Hi 154 Hi 156=8 \/Ianhattan Elevated... 10,182 13934 Marl2 165=8 Augiy 126>4Sep 155 Hi Jan
16034 1603.
16138 151 H. 16114 162
9234 93',
91'4 9314
9134 94 18
95 Hi
924 9334 I'Xetrop. Secur., sub. rec. 216,439 72'4Marl4 96H2Augll 70HiJ'ly 12878 Jan
92H 9534 93
122>4l23»( 122^812434 123H212538 122 "412414 12234 124»6 123 12438 Metropolitan Street
120,690 10434 Mar 14 12534 AuglO 9978 Sep 14278 Jan
16 Jan 15 17 V Jan 4 17 Deo 38 Jan
Met. West Side EL (Chic.)
Do pref
45 Mar 9 53 J'ly 12 51 Hi Deo 88 Jan
47",6"9"6
"l6""r634' "lO'i'io'^ "16 "i "io^ "lo'-i'iiU '"ll'4"l2'4 Mexican Central
fl"^
9»4
6 Apr 23 14HjJanll
8 Hi Not 29 Mar
•
•....„ 140
140 *
140
140
140 *
340 M ichlgan Central
{119 Hi Feb 1 138
Feb 26 102 May 136 Jan
"5"7"5
62 66
•52
*64
51
05
64
64
61
60 Minneapolis A St. Louis.
40 J'ne 3 6734 Jan 18 41 Oct 110 Jan
64>a 55
•85
•85
•85
•85
90
90
96
•85
96
95
Do pref
100 80 J'ly 29 94=4 Jau 21 83 Nov 118 Feb
•74
7434 75
75
76
76 Hi *74>4 76
74
74 Minn. S. P. & 3. S. Marie.
75Hi 76
8.870 55 Jan 4 76 Aug 15 42 Aug 79i2Feb
•129 180
180 130Hi 130 130
130 131
130 130
130 130
Do pref
2,935 116 May 2 131 AuglS lOOHiJ'ue 132 14 Fob
20 14 2034
20>4 20 H
20 Hi 203,
2118 2138
21"^ 21^8 Mo. Kansas <& Texas
20H! 21
26,770 14=8 Feb 24 2178Augl.9 16 Hi Oct 30 '8 Jan
4434
4314
43^8
43
43
43
43
43»8
44
45
Do pref
Hi
43»s 43H
Hi
18.765 32 '4 J'ne 1 45 Aug 19 33 Oct 63 Ha Feb
9434 9534
947, 95 14
9418 94»^
95 >« 9534
94Hi 95=8 Missouri Pacific
77,500 87 Feb 27 9578 Jan 22 8534 Aug 11578 Feb
94"e 95 'e
•117 119
119 119
118 118
119Hill9°8 120 120 •119 121
vr ash. Chatl. & St. Loui-s
940 101H2Feb24 12414 Jan 11 85 Oct 133 Ha Deo
•3634 38
36«8 3638 •30
38
37
36>4 i~ at.of Mex, non-cum.pf
•85Hi 37'4 *85Hi 37>4
3,150 3434 Feb2o 41 Jan 11 34HiHai 47=8 May
•171^ 19
•18
I8H1 18Hi
18
18
20
19
20
Do 2d pref
•18Hj 20
700 1578Feb25 217eJan 8 17 Not 28HaJ'ne
I2OI4 12034 llOHi 12014 120Hil21i4 120>4l21H! N. Y. Central <& Hudson..
11934 120
120 >4 121
7,604 11278 Marl2 12a Jan 8 112=8 J'ly 156 Jau
29 'e 30'4 *28
•29
3038 3034
30 Hi •29>8 3OH2 N. Y. Chic. & St. liouis...
3OH1
30Hi •29
800 25 MaylO 32>4 Jan23 19 Hi Sep 45 Jan
105 110 105 110 105 110
•105 110
10934 10934 106 110
Do Istpref
100 10lHiMayl2 10934 Augl5 100 Oct 118 Jan
•61
•61
66
62 »4 6234 •61
63
61
61
63
61
01
Do 2d pref
300 60 J'uel4 69 Jan 20 50 Sop 87 Jan
•191 194 *190Hil93Hi {191 19134 {190 mOHi N. Y. N. Haven & Hartf
•190 193
•190 193
184 {185 14 May 19 196 Jan 23 nSTHiMay 22514 Jan
8II4 32 >«
3114 Zl^
31>4 3108
32
34'4
33^8 34 Hi
19 Sep 35i4Feb
83Hi 34»8 N. Y. Ontario <fe Western. 100,296 1938Marl4 34=8 Aug 19
6234 62^
64 14 6476 Norfolk & Western
63 Hj 64-4
OS's 64
63 ^4 64 Is
64 Hi 65
22,956 53HiMarl2 05 Augl8 5334 Nov 76I4 Feb
•90
•90
90 92 •90 92
92
90
90
{90
90
Do adjustment pref.
610 88 May 6 91 J'ly 27 86 Aug 93 Hi Feb
•
172 172
170
Northern Central
100 150 J'nel4 172 Augl7 190 Aug 190 Aug
-63
64
64
•64
pacific GoaatCo
64
62 Hi 62 Hi •62 Hi 64
64
64
66
800 61 Feb 24 64 Augl7 39\ Sep 72 Jau
•96 105
95 105 •95 105 •95 106 •95 105 L Do Istpref
•95 105
95 J'ly 26 95 J'ly 26 80 J'ly 100 Feb
•73
7319 7434 •74H! 75Hi •74 Hi 75 Wi
78
73
74
74
Do 2d pref
74
"bob 61 14 Jan 12 7434 Aug 17 50 14 Aug 76 Jan
122''8 12334
,jl2lHil22it 1221412334 122 Hi 123 W 12238 123
123 124 14 Pennsylvania
266,148 lllHiMarl2 124^4 Aug 19 110=4 Nov 1 5 7 =8 Jan
17 21 17 21
•17
21
-19
•19
Peoria <& Eastern
(>17
21
21
21
17 Marie •2a>4 Jan22 16 J'ly 39 Jan
•75
•75
•75
;*76
80
•76
•76
80
80
80
74i8J'ne 9 81*8 Jan 23 74 J'ly OlHiaiay
80
80 Pore Marquette
Do pref
!.
{68 May 31 {69 J'ly 13 {74 Dec {76 Sep
6"6"'"6"7""
"67*"
•64"'
'66""65"'
•65'"
"65"
""6()6 55
•64 '4 65
Pittab. Gin. Chic. <& St. L.
Apr 20 67 Augl7 55 Sep 94 Jan
•96
•96
•98
D3 pref
98
98
{95
96
99
98
98
98
98
625 90 April 98 Jau 22 90 Oct 115 Jan
6438 641^
54'38 55'8
6414 5638
64^ 65Hj 5534 56«» 55Hi 6678 1 >eading, vofg tr. ctfs.. 190,040 3834 MarU 667eAugl9 37 Hi Not 69i4Jan
•84
84'^
8434 84*4
84 >4 8434
84=8 86
8434 81»4 l-Vlst pref. vot. tr. ctfs...
84 Hj 8434
2,420 76 Mai 1 85 Augl8 73 Sep 897gFeb
•70
2rt pref. vofg tr. ctfs.
72
72
72
72
71 H2 72
72 4 72 Hi
72 Hi 72 Hi
72Hi
1,900 65i4Feb26 72 Hi Aug 18 6534 Nov 81 Jan
26I4
2334 21i(
24'^ 24 '8 Rock Island Company. . 108,350 10 >8 Marl I 2718 Jau 22
24 >4 24»8
24^ 26 '4 24 Hi 26 "^ 24«8
19 Hi Aug 53=8 Jan
66 Si 6O34
6634 6714
6634 68
Do pref
67'* 67Hi
66»8 0734
67
67«8
12,150 5734 Jan 6 6.^'eJan22 5534 Sep 86 Jan
•3«
•30
30 46 •30 45 •30 45 Hiitlaud, pref
45 1
45
30 Apr 22 38 Hi Feb 9 30 Aug 72 Jan
1434
•81
•62
•23
150
16 14
84
68
25
140
IS"*
•81
•123
140
Chicago <fe East. III., pref.
1638 Chicago Ureat Western..
15
15Hi
•81
•53
84
86
4
i'do
8,635
Do 4 p. 0. debentures
Do 5 p. c. pref. "A"..
Do 4p. c. pref. "B"..
Chicago MUw. <& St. Paul.
Do pref
eH
•
.
!
'WW
BANKS AND TRUbT COMPANIES— BROKERS' QUOTATIONS
';
Banka
HBW rOBK
American
...
Amur IDxch..
Bid
Aik
A
600
220
776
325
225
825
A^tor
Boweryli ....
Bmoh'scS: Dr 160
Century
180
Qhase
650
160
11
Chatham
...
Chelsea Excl
Chemical ...
Cltlzous' Otr,
-*
Banks
City
Coal
Iron
Colonial li ..
Columbiali .
nn
1
1
H,
10
100
i45
165
Commerce.. 6
Bid
262
166
460
360
210
Ask
265
176
400
212
GS)nBollclale(l 160
155
C'ruExchge'i t388
Discount^ ... 145 156
Kasi lliver.. 160
105
Kldelltyll
180 200
Kitth AveTi.- .<o(i(l 4000
Fifth
.iUO
first
il5
!25
Danks
Ask
Bid
14th8Creet1I. 300
205
385
140
(iarliolil
soo
tiennan Am'i 166
(Jerman Exi 376
Uoiiuauiall .. jao
210
400
(ircciiwioli
i'VO
Fourth
Gallatin
(iansevoortli
Haiiiiltonl)
Hanover
1
iiip
<fc
Irving
Trad
Bid
140
600
1000
105
310
240
250
130
240
Matdon Lane
1
66
Manhaltanli.
Market A Ful
Mechanics'
M ech <ft Tral
1i
..
Banks
JeffersonH
Liberty ..
Lincoln
170
.
MorcanMle ..
Mcrch Kxch. 160
Muroliants'..
•lOO
•)70
Al
30
224
drop
II
....
vltMorrlsll..
176
375
226
Ask
Banks
MntualTl-.
630
1100
320
266
iOO
140
215
170
l«6
426
J,')!)
Nassau^
1
t
)
:i
Ask
187
196
New Amster
New York Co
N Y Nat Ex
New York...
400 110
1500
200
280 J90
19th Wardll
Nortli Aiucr
Northern...
160
urleuUilll...
220
I'aclHoll
26 5
4 76
2 70
Park (now),
fcoplo'sll...
Bid and aiiKeil prices; uo sales were luailu on this day. i Lo.i.'i tniii
>»n.iro.<.
| lix ngius.
State Banks,
h Assossmuut pxl-"
StookBfxcbange or at auction this week. t Trust Oo. cortlficatos.
1 Sale at
.
Bid
290
190
115
liul
BaiUut
Phenlx ...... 120
625
Plazall
Prod Kxchn
Kiversidell
.
..
Soahoard
.Second
165
250
000
000
a Ex. divuleud
r2th Wanll.
23<l W;irin ..
Uiiinti Kjchi
[200
righM.
120
125
174
90
U uIKmI
aut'
560
176
280
SI100& LoUl. 130 146
1000
.Stato'l
.Mtli.siroct..
230
205
Ask
t
fc....
ba
100
No W stofk.
^
'
STOCKS—HIOUKHT AND LOWEST BALE PB1CE8
16>-j
ItJ'-j
4114
60
•15
•48
•25
75
77
5S\
37
6834
Au;/.
IS
tViday
Auy. J'.)
•15
•47
16
00
25
18
•15
16
60 »4
28
76
•48
»25
•72
62
69^4
a;57'»
'164
170
1
IOHj
16'e
Hi's
38
:i8i.
55*4
66 '4
37 >a 38
66 '7
55
26i>e 28 S.
92
92 !..
26^8 26'b
9134 92 14
Sales 01
NEW YOKK
STOCK
KXOIIANGE
ttie
Do
Do
-St.
L.
hO'i
iMlprer
2(1 pref
<fes, ITr.. l8t
Hanye
lor Year 1904
20
125
20
2808
125
•19
2(5ab
39
•eSJo 99 "s
9734
9SV
5-2
1734
17*4
3 7 '4
36^4
-14'2
40
43
24
*1':>34
18%
•40
403^
263^,
39
99
12
Hi
la
99=8
94 Hi
13
13
52'
52
18
18
37=^ 3734
*l4ia Iti
41
41
23«8 23'8
17«8 18
lli
•'22
223^
39
99
9334
•11»4
52
'125
2614
98
•93 Hj 93^4
28%
29
125
40
40
12
19
*6»8
•914
•26
'•2
2214
•8834
*3
•1739
2(1
39
99 \
'.2
99
9818 100 '8
94 14 •SA^
13 14 13i<
52 14
53
18
18 II
3734
37 1«
,100
,')0(
pref.
121
7
Aug 10
32
Oct
Oct
Jan
8
Augl 5'
Oi-.l
Mar
13
24% Jan
1
Auglij
68
3M
Ans
Die
88
78
Feb
48
Jan
•27 '4
7.5
2734
111.
11
31
•27
11
31
21 12
31
2ll<!
223e
22»,
89 7g 89-8
53
•5234
I9%
I9I4
1934
18%
19
37'>8
38 '4
16
42
25
•24
40
3913
39%
80
92
22
202
53.
43,
21
7
7
27
211.2
43
25
401,
27
•10
27
•27
21 12
•88
90
•31-2
4
825
17
331.
•5
•31a
•I914
•14% 16%
1734
3214
12
31
Do
225
230
'4
19
80
32
19
*78
11;
5
5
3%
•1912
5
31a 43,
•19 '4 21
•6% 7
•27
•lOia
271-2
829
2 'J
21%
12.
27
3I4
171-2
UOif,
3^-2
191,
19
890
4
191^
'h
90
4
1'.)
Do
9'i^
I95I2 195 'e
19534 196 1-2
118
118
118
ll'-s
I2I4
'23
164
U'a
15
"v
I
'
71^8 71^8
38
•Si's 35
77
«77
•10
13
28
"^a
101 Hi
3339
875
•217
1934
•76
1512
72
723,
38
•10
47<4
2234
941s
943,
130
89
•
2838
10134
33 "v
75
220
120
89
28
i20
'76
i!8S
*=8
18
791a
381.,
88
44
J18
371-2
•831.^
Ih
44 1* 4434
30
31
47
il9'4
{7534
J
134
7»a
84>2
4814
19'4
7534
V^K,
ip
59
60
•2812 291.,
lOliglOl'j
•211 215
S9 89 iv
159 159
•165 185
38
87
'66
291-2
29 V
712
8434
73,
85
47
^47
19
14
1938
7.-)
38
76
12 'b
59»8
29
104
210
"u
89
22 7g
93
125
88
1011.2
3312
'•2
"75
521'.i
7S
219
1958
217
"19
L9»i
•76
76
78
•714
71-2
44
V6
171.2
17iii
'(91-2
82 14
37
88
37
?S8
lO.'i
1
'-2
112
M7
217
20
78
18
86
45
30
114
-47
47
19 li
76
42
19
81
38
•83% 87
87
30
30
*%
1
7
110
86%
49
49
191-2
1834
•75
12
751-2
32
105
216
33'8
7534
11%
12
00\
58 "a
29
69%
S.
321.2
l()4'.2l04»8
104 % IO6I4
2143421434
«8U
89 4
1591415914
165 195
215
-89
215
8I4
Clolorado Fuel & Iron...
/ Do
nref
Coal <fe Iron.
&
Corn Products
pref
International Pitper.....
Do
prel
Internationiii Power
[nteruat'l Steam Pomp..
Do prel
Manhattan Beach
National Biscuit
Do
Xew Y''ork Air
Brake
North American Co., new
C. (Clue.)
Pressed Steel Car
Do
pref
Pullman Company
IJailway Steel Spring...
VDo
pref
Republic Iron<ii Steel...
Do
pref
Rubber Goods Mfg
Do
pref
Sloss-ShelUehl
Do
St.
& Iron
pref
Standard Roi)e <fe Twine.,
renu. Coal, Iron & RR...
Texas Pacific Land Trust
Union Hag <fe Paper
Do pref
Eoun.
U. S. Cast 1. Pipe
Do pref
United States Express...
United
St;ites
Do
Leather
pref
75
Do
11% 1214 United
Do
53% 59%
32 14
31
8225
159
180
160
190
,770
8% Feb 15
3
5
5
235 Feb
,75% Mar
'4134
24% Mar24 3t>%Jan
41% Jan
4
1134
16%Oct
Jau 22
30 Mar21
23% Feb 16
12
J'ne 2
22% J'ne 1
16% Jan 6
7
29% Jan
ll%Jan
37% Jan
Oct
Oct
10
5
Feb
235
2% Oct
4j
Jan
93 Jan
46 14 Feb
98 Feb
J'ly
6
514 Jan 27,
2% Jau
2l%J'lyl5
ll%Jan
6%Mar24 9% Jau 2;
10
69
8,050 61
185
Jan
42% Jan
1934
J'ly
Jan
Feble. 1393g AuglO 117% Oct 169 Feb
i2i4J'ly27
7% Oct 14% Feb
78 Aug 12 65 Oct >^<J Jan
Jan 4
Jan 21
Feb 20
Marl6
125% Feb
225 Jan
15% Jau
55 Jan
82% Jan
122 Jan
22 % Feb
222 Jan
119 Jan
=0%.4vi 12 58 Oct
227 Mayll 170 Sep
7 Jau 2ti
365
5 J'lyl
5 Oct
loo 47% Feb 19 49% Mar 7 40 Aug
,580 25 % Mori'." 3812 J'ly25
24 Nov
100 63 Apr i 65 Jau 27 65 Dec
,775
8 J'ue2j 1634 Jan 26
% Not
240 185 Feb 8 21012 Apr20 164 Aug
;l
101%Jan
934 May
65 Mar
802 19% J'ne
,450
,463
,398
,050
,580
,300
cl-51
118%Augl2
22% Jan 25
74% Jau 23
4
9
9
9
9434 .\u_
Nov 35 Mar
Nov 85 % Jan
J'ly 3434 Jan
Sep 204 Feb
9 J'ly 19% Jan
57% Nov 74% Feb
23 Nov 73 Jan
28 Dec 46% May
70 Oct 39% Jan
15
60
la
2(i%Jan21 20
J'ne20 17914 Jan 23 136
May 2 6 15% Aug 13
64% Feb 9 72% Auglo
3734 Aug 1
Mar
J'ne 7 40 Apr 7
152 71% Feb 9 78 Apr 7
6%Mar21 14%J'ly23
I014
26
29
1
6% Sep
36 Jan 4 4934 J'ly20 32 Oct
830 100% Jau 16 10934 Aug 16 94 Oct
1,560 14%Peb20 24%J'lyll|
10 % Nov
95 J'lyll 75 Oct
960 80% Jan 2
225 120 Feb 2; 13934 Jau 22 105 Oct
,0o0 80 Mar 12 90 Jan2ii 68 Sep
33% Jan 18 17 Aug
,915 24 Feb
3734 Sep
.476 9234 Marl2 10234 Augll
,470 24i4Mayl6 34 J'lyi3 22 % Nov
40 67 Maylc 77%Aug 1 62% Nov
188 209 Mar 14 222 J'lylO 196 J'ly
450 16 Muylb 24% Mar 2| 16 Sep
7134Marlt 79 J'lyl3, 67 Nov
334 Jan 25
820
6 ilaylU
5% Nov
Wells, Fargo & Co
esfu Union Tele'gph
West'gh'se El AM f g assen
Do Istpref
May 13 49%Jan2.i
Apr 15 22% Jan 27
426
440
700
650
170
37
,130
31%Muyl6 46%
1434
7434
3634
',
-Vug 2
250
310
215
100
12%J'lyl8i
63%J'ly25
2234J'ue29
34% Jau 25
124%Jan
4234 Jan.
108% Feb
6534
95
Jan
Feb
23534 Jan.
Feb
Feb
22% Feb
Nov 80% Feb-
Augl3
5% Jau 2oj
58% Jan 4 5734 Dec
6 Sep
,350
6% May 10 914 Aug 2
594 40 .M.ar24 53 Aug 3' 33 Nov
100 100 Feb 24 8113 J'lyll' 95 Aug
6 Sep
940
6% May2i 8% Jau 25
,940 73% Jan 4 86% Aug 13 71% Oct
5% Jau 15 9% J an 21 4 Dec
40 Jau 11 63%May2;i 30% Nov
750 43 J'lyl:i 50 J'lyUv 7""
J'ly
,744 10% Feb 6 19%J-ly22
689 41 Jau 4 7S%J'lyl9, 30% J'ly
31
8%Mayl:>
51i4Mayl3
May
13
47% Feb
106% May
29 % Feb
95 Feb
177 Jan
37
90
12 J'ly 30 Feb
60 Jly 34% Feb
22% Oct 72 Feb
67 Nov 97% Feb
34 Sep
6 % Feb
25 % Nov 63% Mar
22 Aug 4034 Jan,
4% J'ly 15 Jan
Jan 15 81 Aug 19
4134 Apr 12
31% Jau
77 Jan 5 86 Augl7
34 Mar 4
1% Feb 24
600 25 May 10
400
3% Aug 19
45 Feb2J
pref
States Steel
63 ,210
pref
218, 247
Virgiiiia-Carolina (Jhora.. 23 ,843
Do pref
6 ,415
225
889% 89%
Aug
14 l-'eb
55% Feb
"835
pref
19% United States Rubber
105% 104% 104%
230
Brooklyn Union Gas
runsw. Dock&C.Imp'i
Butterick Co
U S Realty<fe Construction
Do pref
49% U S Realty* Improve'nl
875
12%
68% 59%
89I2
.89% 8912
160
159% 160
•180 190
180
pref
Anacon(ia Copper
85% 86%
-47
7534
110
7%
8'e
'2
Do
5
76- 121
&
•19%
•I.
3%
I2
19%
180
45
31
29
19%
159%
I
41
8I2
52
112
ii-.nu;;
pref
Amer. Teleph. & Teie
American V/oolen
73t
42
•18
81
37
38
85
"8
159 12 160
165 195
7%
82
451-;
107
71.J
1238
891...
19
78
-%
44%
8%
52%
9
62
112
li's
104 3^
215
19
•76
33
78
220
3%
5-)"8
291-2
3038
14
4
123^
59
30 12
89
19
78
36 'a
83%
Do
29
(i
American Sugar Ki
27% 28 Pacific Mali
100 la 100%
eop. Gas-L.&
7% 712
42
42%
18% 19
•791-2
pref
''2% National Lead
Do pref
95
78
220
19
42'.2
44
30
4
22%
33
878
•217
*76
171a
86
75
215
Do
12
35
78
13
a;89
331.
pref
American Sautt
38
95
89
33%
Do
14-.
72
129% 129
27% 27%
10 1
pref
Amer. Smelt'gdb Ketiu'g.
Do
47% 477,
lu8'-2 lOS'-,
95
101
123,
1434
12934 1293,
8V(
pref
Do
70
72
35
32
*75%
10
77I2
13
47.8
95
95
130
90
84% 85
85
•19
{TO
-10
42 14
733
734
71-2
85
1234
47%
108% 109
23% 22% 231.
73,
8
62
•105
Do
May
38% Feb
02
5534 Aug 19
21% Jau 27
431* Feb 8
1434 J 'ly 1
67 Jan (;
'8
'2
3234
23% Nov 48 % Jan
10% Oct 31% Feb
675 75% Jan 6 90 Augl8l 67% Oct 9534 Feb
400
2%J'uel6
434 Jan 22
2 % Mar
5 % Feb
,200 16 J'ne 3 22 Jan 14
14% Sep 24%Jan
.4'.
46 F'eb25 65 Augl9i 0634 Oct 52% Feb
8834 Jan 6 10734 Aug 17
9, ,710
80% Oct 99 12 Feb
100 110 Jan 21 130 Augl'.i 90 Ant 126 Mar
145 85 Jan
93%Augl2 80 Sep 98% Jan
14-: ,105 122% Mar 7 134% AuglO 107% Oct 134% Jan
4.'.0 123
Jan 4 13112 Augll 116 Aug 123 Deo
-22% 23 1^ DisllUers Secant's Corp.
16334 165 General Electric
109
71a
•%
II4
5
lo
pref
Gas (N. Y.).
1183, Continental Tobacco, prel
*6S
35
877%
791a 82 14
sola 38
44
45
•2a I2 S2
511-2
*32
•27% 27%
10034 10034
3334 3JJ4
78
«78
2,->34
1.2
35
76
•47% 48
108
2234
U4'i
71-2
51
112
•32
76
•10
130
40
121. Col.
Hock.
19'i
Consolidated
118
71%
130
89
1'4
105
112
7934
453t
71-
7^
84%
•27
101
45
51
•105
8;»
28 12
44=8
18
7934
22 -Ig
93
127
891^
73.
43 "i 43 "i
7912
•3714
233,
94 3g
130
217
20
78
738
ns
771-2
'16
IOII4 101^8
3314 33
75 77 'e
P17
193
78
1434
10934 iH934
15h
«77'.j
*47i^ 4734
13=8
11% 1138
19612 196% 195%
19612
11778 118
'117% 1181.
13'% 13 If
13
13
67 69'.,
69 i
•2212 23
2234 23
165 1633.
1631a 164
-14 -2 15
14% 14 '-2
72%.
72%
•35
35 38
38
118
48'.
165
164
196
I9712
109 '4 109'.
23I2
*31l2 35
•108 »y 109 "4
2338
23
943b
133,
68
196
ills
1034
'6
69
09 \
522 '^8 "2 2 %
I63I2 1651.
151.
15
721,
72
•35
38
•35
•76
77
10 13
481.
5 48 '4
35
•35
•126
118
13
.6714
2214
66
66
823
164
9
93.
640
,i:;j
American Malting
'-2
5%
9^6
lOU
pref
American Locomotive...
2111;
Jan
Jan
Feb
55% Feb
27% Feb
22
64
-2
'200
i)ret
American Lm8ee(l
890%
90
90
-334
334
4
4
•18
•18
19
20
20
b'd'-2
5939 62
6334
OO'v
60 "i
62
63% 65
''t
103 12 1073, ior 107
104 104^8 104 104
1061-2 111715
'120 130
•120 130 •120 130
129 129
130 130
-93
93'-2
{9418 94I8 •9J
94
94
894% 94% -93
94
13310 134
1313,1133-8 131 12 I33I4 13U'a 133
IS'Jia I333.J
129% 131%
*13(l'.j 132
131 132
13i 1-2 1311-2 131 14 1311, *13U'-2 132
•130 132
•136 13734 '136
138 139 •138% 140
138-'"'d 138^^ il37''8 13734
-1138 12
"11»8 12
-11% I2I4 -1138 121. 11% 12
*77i2
•77 1-2
•78
*77
78
73I2 734.
73
73
80
73
73
73 >2 73 "i
78% 80
'213 220
213 220 213 220 *213 220 213 220
•213 220
5 '4
*6
-51-2
5
«5>4
7
6
7
7
61-.
'51a
49 V; 49>-j 4914 491^ •4914 4915 •49 14 491-2 -4914 49% 48% 49%
3612 36 1*^
37
37 \
37
37 3e
36 Si 3634
36'a 37
361a 36%
*
65
65
65
65
65
"
9>8 65 "10" 65
89 »2
4
19
60 ig 60
104 104 'g
•120 129
Oil
.American Ice
Do
l.''/j'4
Mayl2 8204 Jan
33% Oct
17% Nov
300
79 J'lyl5 60 % Nov
1,380 24%J'nel4 3434 Aug 8
25% Aug
150 8834 J'ne 6 92 Augl7 82 J'ly
300 22 Augl7 2ti%J'lyI8 24 Not
180 J'ne
J203 J'lyl4 171 Aug
))ref
De
22 14 Jan
i^
Deo
04% Jan
95% Feb
5220 Feb 2 226
1,279
;,120
pref
Do
31
21%
i>li!tucll
American Dlst.Telegrap),
American Exijress
American Grass Twine ..
Amer Hide <fe Leather
7
*10%
Feb 24 39% Apr 25: 24 Sep
32
87% Feb 23 99% AUglO: 7.1 Oct
158 Augll 81.yji2 J'lyl-<| 155 J'u(
2C3 200 71 Mail 4 100% Augl6| 6534 AUK
1 485 3:86% Feb 25 9412 Apr 61 83%Aui;
8011
9
Feb 17 14 I4 Augl 8!
9 Dei
3.')'
1,
42% Apr 19 53 Aug 10 35 J'ly
50
May
10 2134 Jau 27' 16% Oct
15
12''
895 3214 Feb 24 41 Jan 25 27% Sep
14% J My 20 19 >« Jau 22 12 J'ly
770 37 J'ly27 6234 Jau 22 40% Nov
,425 21 1» J'ue29 2934 Jau27| 20
Sop
,505 16 J'ue L 21% Jan20| 14%Ocl
,520 37 J'ne 6 47% Jan 27
33 Kov
120
,785
Adams Express
malgamated Copper...
American Car <fe Foundiy
21
27
213.
901.
Do
Do
434
2738
v. tr. cfs
pref. vot. tr. ctfs.
American Cotton
6
7
12
Do Istpref
Do 2d pref
Wisconsin Cent.
Industrial &,
80
33
32%
92 la 91% 94
*22
22
24
205 *195 205
33
892
22
•195
211.2
39%
'4
54% 35
19
78
39
225
230
53% 55%
19
17-\
pref
Do pref
\VTieeUng<fe Lake Erie...
42
26
17%
racilic
pref
Wabash
1-.
16
41
191.
99
•14 la
1778
I918
73
38% 38%
38ii
*225 230
03 14 04 %
21
7
6 '8
271.2
1<
UnitRysinv'totSanKraii
53
14
04
92
22
-195
7
27
Union
Do
14
1734
3934
5 ^4
434
Do ))ref. vot. tr. ctfs.
Twin City Kapid Transit
Do pref
94% 94%
41
25
92
25
203
99
9813
17
40ii
3218
99
14
25
1|
39%
9834
99 %
94 >»
17-^
19
80
3J
9334
14
23=8
54H
39
94'%
41
230
19
39
99
3712
Jan
58
1
04
14
53
•141-2
15 14 Jan
1
991.2
52 "a
18
Highest
Augl5|
'-J
94
4II2
40
281..
Lowest
Mario 17
May 17 .M
5734 5>-.-%
Do 2d pref
,560 39 U Jau i< .'.934 Augmj
Feb
'161
185
1(10 150
C.& E. T.cuin stock tr ctf
Jan 9 170 Augl 5 143%Sep .70 J'ly
173^ St. L0UI8 Soutliwe8tern.
17
J'ue 1 17% Aug 19
,510
9%
12 Aug 30 Jan
.-58
38
38 14 38',
Do pref
,160 25% J'ne 1 38% Aug
24 Aug 60 Jan
55% 5';3:
55% 06i.( Southern Pacilic Co
224 ,805 41% Mar 14 66% Augl5 38% Sep 68 '4 -Mar
27 "a 2S%
27% 28% Southern v.ir. c(.s. slmpeit 113 ,645 18'4 Feb 24 28 '» AuglH 16% Oct 36% Jan
92% 931,
92% 93%
Do pref.
,110 77% Jau U 93% Augl'.., 69 % (JCt
do
96 Feb
94
94
M. <)fc O. stock r. ctfs.
200 90 Feb 25 94 Aug
85 J'ne 96% Mar
28% 283^
27% 283^ I^eiaa & Pacillc.
17 ,20.'j 20% J'no 7 29% Augll' 2014 Aug 43% Feb
124
126
124 126
lard Avenue (N. Y.)..
310 115 Marl 4 120% Auglo: 100 <;ct 28% Jan
2034 Toledo Railways ife Li>?ht
20% 21
300 17% J'ue21 22 Jau 21; 17i4 0ct 37-% Jan
25-'4
26'-'
2534
Tol.
930 21% M8y27 29% Jau 23' 1 5 .Sep 31% Jan
St.
ctfs
•251a
L. <fc VV. V. tr.
98^8
•13
16
*14'.2
28
noi4 10
?634
7
271*
2734
125 125
20I4
•19
26
liii
•38 "a 39 14
99
99
2(t
•241-2
391.2
'225 230
'225
•225 230
53I4
54=,
54
53 "-i 54
19i<
18-8 19
19
IS's
•76
7812 79
79
79
32 14 33 H,
32 1«
3234 333^
•911.2
•91 Hj 92
?9l
91
•22
'22
•22
26
26
'195 205
•195 205
196
• 41..
5 14
•434
534
6
'3 la
434
4
4
*20
*19
•19
21
21
26U
28'4
126
J-'revioxit
Year (Iyu3j
Highest
Lowest
9
35
IB
I
a8«8
*123
-IP
26
39
lianye tor
0?» basis o> lOU-share lota
Week
Shares
St. Joseph t&(ir'(l Inland.
20
75
[Vol. lxxix.
08% 08%
161 186
16'4 17%
16%
OmHj
175
15»,
^6^4
yiK)
'4
•72
37 \
6ih
2638
91»a
63
27
75
Thurtdav
STOCK.S
Aug. 17
16
62
2634 27
72 75
15',
•104
170
'10^
Wednesday
Tuesday
Aug. 16
Saturitau
Aua. 13
161
9
1
Stock Record—Concluded— Page 2
7J8
•74
68
2
«
I
Jan
Feb
Feb
I5014 Feb
15 '4 Feb
7934
15
55
May
23% Jan
9634
73
Jan
19% Feb
53 Feb
10 Nov 39% Feb
4934 Nov 3934 Jan
17% Sep 66-% Feb
80 Aug 128% Feb
8191 Jly 249 '2 Feb
80% Sep 93 Jan
97% Apr 16 106% Jau 26
8200 J'nelO 8225 Augl9
85 Mavl'.i .^9^ May 9
153 May
173% Jan 21 130
180 Augl 194 Jau 19 160
Oct 21
Sep 224
.Tun
Jau
BANKS AND TRUST COMPANIES— BROKERS' QUOTATIONS
Bid
Bankti
Ask
i'eopli''3l:
400
300
225
290
17 th Wardli.
1,">5
Brooklynfi
..
Oon'yI&BBI
1
Bid
Bowl'gGreen
BroadwayTi
C'lR'tyB&Tr
Central Tr%i
210
200
160
155
176
I'iuipir©
Unionll
310
Trust
Co%
FarmLo&Tr
800
200
Sprague
190
L30"' Siuyvesautl 135
160
.
Sldell.
Ask
I
'>.>r,
Ave Tr
Guaranty Tr
Guardian Tr
Knick 'rb'k'r
Fifth
148
530
2000
275
312
65
186
275
Lincoln Tr. ..
Manhattan
..
Merciutlle ..
Merchants'..
.Metropolitai
Bid
1300
025
575
160
900
345
47a
975
.>90
MortouTrusi 870
."vlut.AUiancc 200
Ask.
1850
550
Bid
ASk
NYLife&Tr 1000
N Y See Ji Tr 630
1030
North Amer. 245
250
Trust Co'a
.)00
Tr Co of Am. t-)77
Union Trusi 1350 1400
U SMtgdkjTi 400 420
i-j
610
890
220
.
U25
VauN'deuTi 193
Washingtou
Windsor
.
Ask
BROOKLTK
170
Unit states
Bid
Brook yn Tr 390
Flat bush
too
Real Est Tr'i 3'25
StandardTr'i 325
1025
-10
Trust Co's
.<90
t]61
1475
202
Franklin
:j20
Haniiltou
Kings Co
340
1)20
400
L Isl L&Tr.
240
Nassau
306'
B20
People's
Wllllamsb'g. KIO
335
220
WaUaboutli
K(luitableTr 650
380 400
;65
Bid and asked prices; no sales on this day. 8 Less than loo sItareH. c Ex rights, c Ex dividend and rights.
Sale at Stock Exohangn or at auction this week.
Kx stuck dividen I. 3 Trust Co. certlticitea. *) Banks marked with a paragraph
First
•
i'40'
CITY
Bankers' Tr
144
510
1950
City Trust... 265
Uilouial
302
Coiumonw'th 05
Kasleru Tr.. 1S3
North
Broad wayl,.. 300
Trust Cob.
N. Y.
.
Nassau
Nat City
136
Ask
Mauulactrs'. 355
Mechauics^l 280
Mercliauts'.. 130
BBOOELTN
BorougliD
Bid
Knnks
BKOOKLYN
Wash.H'ht.sH 200
WestSideji.. 500
lorkvilleli .. 875
(H)
are State
.^55
bank*
i
New York
Exchange—Bond
Stock
Record, Friday,
4
1
)
Weekly and Yearly
OCCUPYING FOUR PAGES
BONDS
Price
Week's
STOCK EXCHANGE
Week Ending Aogust 19
Pridav
Range or
Jiange
Since
Aug
Lant tiaie
January
N. Y.
19
Ask Low
Bid
U. S. Governinent
1
..(iiy^U
S2soousol coupon
S 23 cousol reg small .rflJ.]
S 2s cousol coup small. ttiy. 50
S 3s resistered
ft, IS
SSscoupou
:- .iHiS
S 3s rest small l)on(]8../cl918
a 33 cou siiiaU bonds.. /C1918
S 4s registered
'4H;
S4s coupon
'4xxl
iy;^5
-^
Q-J
O-J
Q-J
y-J
105^4 105'6 J'ly'04
I05I4 106'4Mar'O4
105 10514 104''8 105
105 14 105^4 106'4 J'ly'()4
107 J'ne'02
105" '.'.'.'..'. 105 J'ly'04
Q-J
106^4 1(17
Q-J
10U-'4
Q-F
S 4s registered
Q-F
S 4s coupon
-- V.j
PhUippin© islands 4s.l914-34 Q-F
105 IO714
105i4l06'4
15 104!^ 1063
1053^ 108
105
10G''8.J'IV'O4
10f.'4
107 >2 IoO'Ik J'ly'04
I3II4 13214 132^8 May'U4
1063s
13238
13112
11134
>2
131»-il32ii l31'2Aug'04
lll%Maj.'04
110
107 '8
108 '4
168
182 '8
134
111 '4
1 9512 Feb '02
f95 ,..
ba -lis 01 /onr marks to o ne do Liar.
93 15 226 92 '2 93^8
93
Sale
93 '8
Oct
'4
paid
full
ctfs
Japanese Govt Gs
10 1 »2 Sale 101 '-2 101 't, 196 9812 1017^
Kopub of Cuba 5s ctfs fuU piiitl
Aug'04
loO's
9838 10112
Sep
1904.
100»s
of
68
2d instal paid tor
197 "-2 J'ly'04
1:9712 10012
U b 01 Meiico s i g us of lb9ii y-.l i.
0/ $5 to i.
fi Hese are pr tees »i t?ie b
Store Securities
IO214 Aug'04
102 102 3j
1906 J-J 102 Js.
Alabama class A 4 to 5
109 '4 Oct '00
1900 J-J 102 h
Class B5s
102'-2Mar'l)'.
J-J
190G
4s
Class C
lU Mar'02
1920 J-J
Ourreucj' lumUug 4s
121 Mar'03
1924 F-A II8I2.
Dtst of Columbia 3-(J5s
102 14 J'ly'04
10214 106
Louisiana new cousol 4s. .1914 J-J
loyi-i Keb'99
SmiUl
1894-1995 J-J
Missouri luurting
101 J'ly'04
10 1
102
Nortli CaioUua cousol 43.1910 J-J 102'
136'2J'ly'01
1919 A-0
68
4
Mur'OC
120
J-J
1933
20-40
Carolina
i2S
So
9512 96^2 96 J'ly'04
95 14 97
Xenu new settlement 3s. .1913 J-J
J-J
93't:Xov'03
Small
92 '4 Mar'04
9478...
9112 9-''
Virginia fund debt 2-3.s... 1991 J-J
6 1-2 J'ly'04
7
61a
6s deferred Brown Bros ctfs.
t 77i('A«!
are.
1..
Inv pur mon g 4s. 1931
M- S
price s on IKe
.
iCailroad
laba Mull Hee
Albany & Susq
tsec So Ky
At Coast Line
6'ee
Del
& Hud
tiee Peuu Kl!
AUeg West isee Bull li & P
/il995
Ann Arbor Ist g 4s
Allegiieuy Valley
<fc
Q-J
T & S 6"6 gen g 4s. ..1995 A-O
Keglslered
1995 A-C
Atch
Adjustment g4s
Kegistered
/il995
Xov
/i.199"
Nov
Stamped
/i 1 90 5 M-N
Debeuiurts 4s Series D.190G FA
East Okla Div 1st g 4s. .1928 M S
CUic <fc St Louis 1st 6s. .1915
Atl Knox & Nor 1st g53..194G
Atlantic Coast 1st g48./tl95
Charles & Sav Ist g Vs. .1930
1st gold Gs..iy34
Sav F
Ist gold 5s
1934
Ala Mid Isl gu gold os 1928
Bruns &
Ist g-u g 4s 193b
Sll Sp Oca & G gu g 4s 191B
Atlantic <fc L)auv tice South Ky
Atlantic & VaiLk Nee Soutli Ky
-bet' Sou Pacili<
Austin &
Bait <& Ohio prior 1 g 3 'as. 1925
Registered
/iiy25
Gold 4s
/il94S
Registered
/ll'J4b
Couv deb 4s
1911
P J un <fc M Div l8t g 3 '231925
P L E <fc
Va Sys ref 481941
Southw Divlst g3'2S...1925
Kegistered
/tl925
Mouon Kiv 1st gu g 5s. .1919
Cen Oliio K Ist cg4SiS..1930
Pitts Clev & Tol Istg 6s 1922
Pitts <fc West 1st g 48... 1917
<)!;
W
W
aw
W
J P M <fc Co certfs
Bat Creek <& h .See Mich Cent
Beech Creek Hee N Y C <£; H
jW-
95%
103 '4 Sale
103
95
96
9334
Aug'04
IO3I4
10312
103 14 J'ly'04
98112...
95i4Aug'04
82 1-2 Jan '04
93 14
93
ViVi
99
97
9634 J'ly'04
93
...
...
b
J-D
M-S
110'4
lOOSg Sale
J-J
133
128
114 1-2 Oct '0;
lOOSj
100
A-0
125i8Nov'03
A-O 113'4
H2\Jan'04
M-N 113^114^4 114 Aug'04
J-J
95
...
93
J'ly'04
J-J
9714...
•dS
Aug'04
J-J
Q-J
94 7g 9511
9478
931,.
95 14
May '04
A-0
10314103^4
103:'8
J
Am
Cent Pacific See So Pacific Co
Chas & Sav See Atl Coast Line
Chescfc Oliiog 6s ser A-./ilOOb
al911
Gold 6s
1939
Ist cousol g 5s
Q-J
M-S
M-N
98
90
102
92
98
.\I-N
J-J
Q-J
1-2
9134 Sale
FA
106
M-S
I0914
A-O
120 "-^
J-J
103
98
J'ue'04
91I2 Aug'04
9838
9b 3,
9]l4
913.
90 '4 J'ly '02
105 Si Mar'(i4
108 J'ne'04
.
100
=18
1031a
J'ly '04
1!9'2 Mar'04
98 J'ne'04
100 14 Feb '03
97
& Car
Illinois Ceul
Moutauk 6'ec Long
& West Hee Atl Coast L
Bulfalo JM Y & Erie tiee line
Bellev
Bklyu
Bruns
/s'ee
<fe
1
K <& P
gen g 5s. ..1937 M-S
West Istg 4s gu..l99h A-O
Cl<& Mah Istgu g58
1943 J-J
BuHalo
AU&
FA
Koch&
Pitts Ist g 03...1921
Cousol Ist g 68
192'-i J-D
Bullalo (ii Southwest Hee Erie
Bun <fc Susq 1st ref g 4s.rfl951 J-J
Bur Cedar K :^o 1st 5s. 1906 J-1)
Cou Ist <fc col trustgos.. 1934 A-O
&
II712
110
103 Apr'97
121 "a Mar'04
123 15 123 li
.
II912.
122 1^.
97I2.
W Istgu 08. 1921 A-O
Id <t St L Ist gu g 78
C'lanada South Ist 5s
-'2d OS
Kegistered
1927 J-1)
1908 J-J
1913 M-S
1913 M-S
Garb & Sliawrn tiee III Cent
Carolma Cent Hee Scab Air L
Carthage & Ad .See JS' Y C & 11
Ced K fa H' <lc N .see B C K cfc K
Cen Brancli U Plstg48...iy48 J-D
Cen Brauch Ky .see Mo i'ac
Cen KK& Bot Ga col g 58 1937 M-N
Cent ot Ga KK 1st g o3..j>1945 F-A
Cousol gold 6s
Kegistered
Ist pre! income g Ss
2d pret income g os
3d pret income g Ss
1945 M-N
1945 iM-N
pl^ib Oct
pl945 Oct
pl94o Oct
1171a
98»8J']y'04
102 12
iiyis.
10238
1035,
119 J'iie'04
120 12 Mar'03
1934 A-O
Kegistered
CBl FA;N
115 14.
110
110i'2J'no'O4
103iuSalo 103 '2 103'e
107 109 109 T'ly'04
105
107 J'ly'04
'9319
95
931a
931-,
110'4
llUis
Ill
Sale
108 la J'ly '04
117
U7
IIII4
111
107 J'ne'04
83
84
82 "a
83 >
4412 46>2 44
16 \
3134
31 Sak
29
MU & No 1st M L 6s. ...1910
104
102
1 07 14
133
130
JSIO
Feb'04
1
High,
9212 92 Si
104 104
Loll)
J'ne'99
Aug'04
133
1OT4IO714
128
134
12712 13012
J'ne'04
lllHi J'ly'04
A-O 107 la
AO
108
lllia
ll8i4Sale
11534 11712
107 Sale
MS
111141131a
lo'i"
i'o'3'1^
100
10278
M-S
M-N
A-O
106^8
118=8
J'ly'04
107
103
Apr '01
lis
Miiy'i)3
Aug'04
J-J
J-J
xV-O
A-O
M-N
M-N
M-S
'02
Dec'O;-!
Aug'Oa
10638 108
108
108
11414.1151a 1141a J'ly '04
1061210714 10538 J'ne'04
133 14
129 Apr'04
II8I2 Aug'04
1181a
J-J
116
J-J
J-J
J-J
J-J
J-J
J-J
Q-J
J-J
J-J
J-J
1291a.
113
.
10934
.
i'loi^
109
'.
llO'^a
116 xVpr'Ol
110i4Fnb'04
11534
llllr:
1
.
.
11078...
10934 ...
11478...
11134...
1161a...
1283g...
J-D
J-D
Q-F
F-A
F-A
9 8 'a 100 la
i'13'ii!;;
130
llliallS
108 1094
169 175
109 11038
107 14 HO
109121091a
9714 9878
11538
109=8
11434
10934
11534
May'04
Aug'04
Mar'04
10934
10834
11738
11638
119
111
117
11134
iie-is
1181a
106
169
106
169
May'04
II2I2 H2ia
IOG34 107
IIOI4 112!^
10934 IIII4
II4I4 J'ly'04
112 J'ly'04
1151-.. J'ne'Ol
128I4 Aug'(i4
10478 J'ue'04
102=8 May'04
991991-.
llGig
112
11738
12934
105
102=8 102=s
961a 100
llO'g
112
ill
114
11034
II4I4
127=8
10234
Nov•9^
103
117
IIII4II8
J'ly'04
Dec '03
110 J'U6'04
107 Mar'04
105 J'ly'04
104 Mar'04
108 14 J'ue'04
105
101
10034
108
115
126"-2
169
112i2J'ly'04
107 i!ay'04
111
lUia.
100
105
114
II214II6I4
11 14 Aug'04
137i2.riv'99
11534 118
11734
106 10634 106
106
102
95 14
90 1-2 91=8
91
10538 19818
129 129
114iall8ia
116
11534
11278...
80
102 1910534
109 34 10334
100 =8 192 ^
103 la 10634
9878May'04
II6I2 Apr'03
I'28i2
8514
741a
99
i'i
29 J'ly'04
113 J'ly'04
109 la J'ly '04
172
172
110 Aug'04
109 12 Aug'04
109i2J'ne'04
.
811?.
Dec '02
120
116
11476
118
J-J
J-J
J-J
J-J
J-J
9414
Oct
M-N
M-S
J-D
A-O
M-N
M-N
.
9913103
97
J'ly'04
78I4
8334 Apr '02
10434 Aiir'oo
10034
102 J'ly'04
9438 Sale
94 14
9439
901a Apr'04
103 14
10534 Aug'04
II0I4
10y3, Apr'04
102 1021a 102 J'ly '1
1047c
195 Aug'04
105 Dec '03
100
10034 Feb'04
J-J
103 10934
logialllia
11434119
113 118
100 la 107
J'ly'04
1111-2 J'ly'04
II8I4
11012 U3's 112
IOII2IO3 102
ygia
95
106
106 la
94I4
90=8
831a 8412 84
7 8 14 Sale
78 •«
J-J
J-J
J-J
1913
1915
97
98
Chic & Northw cons 7s
Extension 4s
1886-1926
871a 'Jliv
92 12 98 la
Registered
1886-1926
159 87 14 9:
1987 M-N
General gold 3123
Registered
J'198^ Q-l105 12 105 la
Sinking fund 6s. ..1879-1929 A-O
108 lOS
1879-1929 A-O
Registered
II912I22
Sinkiug fund 5s. ..1879.1929 A-O
98
98
Registered
1879-1929 A-O
Debenture 5s
1909 M-N
1909 i\l-N
Registered
Debenture 5s
1921 A-O
Registered
1921 A-O
Sinking fund deb 5s
1933 M-N
Registered
1933 M-N
DesMo&Minn 1st 78. .1907 FA
USi-jin-is
Milw& Madison 1st Gs.. 1903 M-S
North lUinois Ist os
1910 M-S
Ott C F & St Paul 1st 5s 1909 M-S
Winona & St Pet 2d 7s. 1907 M-N
12 II2 1211a
I21i«124
Mil L S & West 1st g Gs 1921 M-N
Ext& Imp slund gos 19'. FA
9718IOO'
Ashland Div Isl g 6s.. 1923 M-b
IOII4 103'
Mich Div l8tg6s
1924 J-J
1151-2 119
Convertible deb 5s
1907 F-A
Incomes
1911 M-N
llOiollOiv Chic Rock Isl & Pac 6s.. .1917 J-J
Kegisteretl
1917 J-J
1021-^106
General gold 4s
1988 J-J
104''„]09
Registered
1988 J-J
Coll trust Series C 4s .. 1905 M-N
105 107
H48
lyiu M-N
M48
1915 M-N
N48
191G M-N
P48
1018 M-N
Chic R I <fc Pao KR 4s. .2002 M-N
94
10 90
Registered
2002 M N
Coil trust gold 58
ton's 10SI2
1913 M-S
Choc Ok <fe G gen g os .ol919 J-J
1 iii;i-i 118
Cousol gold 58
41 10334 112
1952 M-N
105 '2 107
DesMdi FtD Isl 4s
1903 J-J
"84j 6534 S4
l8t2ias
iyo3 J-J
46'-^
Extension 4s
28
5!
1905 J-J
3'
Keok<fc DesM 1st 68
122 18
1923 A-O
1st cousol 6s
Hig)i
.l2i2May'04
1011-2
PW
',j
Ask Lo
Sale
Since
January
Last Sale
11236 115
IOOI4
'10314 J'iy ''04
103 la
1023ft 1031* 102 14 Aug'04
M-N
1939 M-N
1992 M-S
Kegistered
General gold 4 I2S
1992
Kegistered
Craig VaUeylstgSs... .1940
lj«fc A Div Istcon g48..1989
1989
8dconsolg4s
Warm Spr 'Val 1st g5s.. 1941
Greenbrier Ky 1st gu g Is '40
Cliic & Alt UK ref g 33... 1949
Kaiiway Ist lien 313S... 1950
1950
Ke gistered
Chic B cfe y— Cli & laD 5s 1905
1922
Denver Div 48
1949
lUinois l)iv3ias
1949
Registered
1949
Gold 4s
lovra Div sink fund 5s.. 19 19
1919
Sinking fund 4s
Nebraska Extension 48.1927
1927
Kegistered
192
Southwestern Div 48
Joint bonds See Great North
1913
Debenture 53
Han & St J OS consoles.. 1911
Chio& E llllstsf cur68.1907
1934
Istconsol g 6s
1937
General consol Ist 58
1937
Registered
ChiCcfc Ind C Ry 1st 5s. 1936
Chicago & Erie .S'ee Erie
91^8 y53._ Chic In & Louisv ref 6s. ..1947
62 9878 1031.^
1947
Refunding goklSs
99 103"
Louisv N A & Ch Isl 63.1910
^1^4, 95
Chic Mil cS; St Paul con 7s 1905
8212 82
1914
Terminal gold 58
96 87'-^ 9312
General g4s series A..el989
98 100
el98y
Registered
92 14 971-.
Generalg 312S series B.eiy89
1921
Chic& LSuDivgSs
Chic & MoRiv Div 5s. ..1926
280 91 100=8
1910
Pac
Div
6s
Chic &
1921
Istg 5s
Chicfc
1916
Dak& GtSog5s
1924
112^8 ll'-i'"
Far & Sou assu g 6s
1910
109 1 1 4
Hast<fc DDivlst7s
93
1910
93
1st 5s
'.18
1908
98
I& D Exteu 1st 7s
1919
LaCrosse<fe D 1st 63
1910
Mineral PointDiv5s
1910
So Minu Div 1st 6s
9 2 78 '.)6l2
1909
Southwest Div 1st 6s
92I4 95
Wis* MiuuDivg58....1921
IOOI4 103 '2
100 103
Week's
Range or
S5
104
103
107
133
133
-D
1946 J-J
gen'lgold 53.1987 J-J
ftl987 Q-J
Kegistered
Dock & Imp gu as.. 1921 J -J
Le & Hud K gen gu g 58 1920 J-J
Leh & Wilks B Coal 53. .1912 M-N
yiyio Q-.M
Con ext guar 412S
N Y & Long Br gen g 4s 1941 iM-S
OentotN
i-j
Alabama Cent
J
cfe Nor Div Ist g 58.1946 J-J
1947 J-J
Mid Ga & Atl Div 6s
Mac
Mobile Div Istg 53
Q-F
y-F
Q-F
y-F
XJ
Foreign tJoverniiicnt
Franklorton-Main S^ss ser
l04-'4
104%
Range
Price
Friday
Aug 19
Bid
No Low High Central ot Go,—( Continxied
Cliatt
U S 2s coDsol registered. dl930
U
U
U
U
U
U
U
U
U
U
Jiiyh
BONOS
STOCK EXCHANGE
Week Endino august 19
N. T.
la
IO8I4 llOi-j
106
104
104
107 la
107
106
104 14
118
1087e
10834 10834
1151a 118
11418 116
107
106
106 Nov'02
105i2Mav'04
105=8 Nov'03
1061a 1051-i
llOia
12938 130
11734
10934 J'ne'04
127 I4 J'ne'04
11734 Mar'04
10834
Jan
'04
J'ly'04
H4ii3J'lie'04
106
107 la
.
142
1331.2
130»8
105
la
Dec 'O:
Apr'04
Sep '03
12234...
125 J'no'04
1221*...
122 "a Aug'04
1041'.
104 IO4I9 104
107 Jiiu'03
94I2
94
93
73 4 Sale
'si's
Sale'
104
10434
9714
94'a
9514
10634
1124
Fcb'O:
13134
103
109
100
97
1091a
120=*, 129
117 14 11878
103
103
121=8 125
120
1221-j
17 101
1051a
97
J'ly '04
97
97
96
93
90
May'04
May'Ol
May'04
96
93
90
66 12
96
93
90
72
71
733. 1270
'8
823,,
104 =8
Aug'04
S4:),
Jan
74 '4
71 '8
83
73
104=8 104=8
10378 103'8
7034
665
'04
1037j,Jan'04
95i4 0et '03
90
98
Oct
Jan
'03
'04
9334 98
1041a 1063^
10634 J'ly'04
lUlSCKLXiANIiOlJS BO.NOS—ContinoccI on Next Page.
Si reel
Kuilway
Brooklyn Rap Tr g 58
1945 A-O
Ist refund conv g 48
2002 J-J
BkClly Istcou 58.1916, 1941 J-J
BkyCo&Scongugo8.1941
MN
Bklyu Un El Istg 4-5s.l950 FA
Kings Co El Istg 48
1949 F-A
Nassau Elec gu g 4s
1931 J-J
City
S
Ry
Bait Istg 58.1922 J -I)
Conn Ky A l,lst<fe rctg4ias'31 .JJ
Deu Con Tr Co 1st g 58...1933
Den Trara Co con g 68. .1911 J-J
<fe
AO
Met Ky Co
gug68..1911 J-J
pet Cit StKyl8tcong58.190i J-J
Hr KauidsKy l8t K38...aiyit J- 1)
Louis lly Co Istcon gos.. 193( J-J
99I4 1061...
2
106
82 376 72 'ft 82
109 Is
3 l(P738loyiv
1051a 106
803, Sale
106
110
102 107
10713108
loO's
102 Aub'04
108
1071a
91 14
9078
9078 Sale
87 '4 Sale
97
la
Sale
8O34
H534
88
102
!()(>
lortv
9 P.,
"u 100
98
231
97 14
97 \
96 J'ne'OO
82
79I4
90
>8
98
MarketStCKy
Met St Ky gen
Igt g 6s..l91
::
col tr g 68.1997
109
JJ
FA
103
II4I4
II6I2
Nov'Ol
.Mur'U8
Bway47thAvl8tcg6sl943 J-D
116 J'ly'(>4
*Mo prio« ITrlday; latest pnce thia weeic a Due J an li Dae
W
Kl Ky & L 30-yr g 5k.192(;
.Minn SI Ky Istcon g 68..191'.i
81 JoKy Lt H<fcP I«tg5s.l937
St Paul City Cab con g 68.1937
Union El (Chic) Isl g 6s..]94r.
.Mil
W
Gnw
.\pr
e
92>4
11834
1I7'4
....
93'.,,
96
1181a
104 la
114
93>8
]17-''4
96
1'21
94
95
10 J'ly '04
09 "a Dec '9!'
110
110
HO
.
92 »9
89
115 1« 119
J'iie'04
Oct '99
J'ue'O'J
106
•
36
no
94
FA
J-J
92I4
9214
11834 Aug'04
11734 Aug'04
933^
Uoia
J'nc'04
121
iVIN
J-J
'.
i'l'6'>4
1
A-O
I
84 '8
*79ia
841..
84 14
7913
1(9
841..
76 4
80
7914
H4ia
81
Deo '97
nn<l Klectric \Au^iX
G )j Co Istg 08... 104, J.l/
Bklyn U Gas Isl win g 68.1945 Vl-N 1115
lir>'V(Ang'04
nu2<4 11534
Due May yii\io.fa« /tUuoJ'ly /c Une Aug oUae Oct p Due Nor (Option saU
lUi-illG',,
1121, 1 16
n4S. Aug'04
92
Col<fe9lUATl8lgu g 68.1993 MS
Lex AV& P Flslgu g5s 1993 M-S
Third Ave RK con gu 48 2000 J-J
Third Ave Ry Isl g3s..l937 J-J
M ot S El (Chic) l8l K 48.193s FA
United RKsSan Krst 48.192. A-O
United Itys St L 1st g 48.1934 JJ
Chic St 40-yr coub g os. 193i. M-N
Ist
100
Street KniKray
Met St Ky—<CoH;R«r g 4s200_ A-O
AtlantA
.
.
Bond Record—Continued— Page
720
BONOS
STOCK EXOHANOK
Week KNnmo Augost 19
i;a;
Cons Ch
rerlncort to
:<
Chic
A-
Choc
(J
cm H
W Mlcli
ulf
i33"";;;;;! 131
\'19\
13034
Oh.-.I'.)]',!
I'-'S'e
74
G
<fe
8
i^9
2(lKold
I
<fc
St
High No Low Jdigh
130>8 13334
Feb '04
13014I31
Mar'04
1293, 12934
120 123 4
74 194 72 >» 823,
73 ".J
lll'eApr'04
110 IIII4
Sale
111"*
f
104iaDec'03
113 Oct '00
A-O lOlHj.
J-J
113i4J'ly'04
Illl4ll3'4
mv
1990 M-N
Bpr <fc Col Dlv Ist g 4s. .1940
Val Dlv lstg48...]940 J-J
C i Bt Life C consol 68.. 1920 M-N
let gold 4a
...A:19:i(! Q-F
KeKisterert
MS
WW
Kegistered
A:193G
Cln S<fe CI con Ist g 58. .1928
I consol 78
1914
ConsolalDk lund78
1914
General consol gold 6s. 1934
Heslstered
1934
Inrt Bl *
Ist pret 4S.1940
lat pt 58...dl938
O Ind &
Peo<fc East iMt con 4s. ..1940
Income 48
1990
CI Lor <& Wli cou 1st g 53.1933
Clev & Marietta See Penn RR
ClevA Mahou Val g 58. ..1938
Cler & Pitts See Penn Co
Col Midland Ist a 48
1947
Colorado* Sou 1st g 48... 192 9
Coluni & Greenv See So Ry
Col <fc Hock Val See Hock Val
Col Conn & Term See N &
Conn cfe Pas Rivs Ist g 48.1943
See C
<fe St P
I \ak <& Gt So
COC&
W
W
101«8
95'>8l02
9934 10 P4
98
98 1«
9934 10234
99
99
.
.
106
105
10041024
loo's
115i4J'ne'04
120 J'ly'03
.125
128 "a.
11041151,
128
128
<fe
Waco
<fe
99»al00
61
AO •IISJ^
99
Sale
Atig'04
96
68
61
61
100
65
11241124
Feb'04
116
60 V,.
84
601a
84
.
lie
60 V;
66
82
84I4
116
63 14
894
A-O
W
NY
J-D
J-D
Registered
1917
con gu 78. 1900
Registered
1900
Guar gold 68
1906
Registered
1906
ReD8<& Saratoga Ist 7s. 1921
Registered
1921
Del Riv RR Bridge See Pa RR
Denv A R Grist con g 4s. 1936
Consol gold 4'28
1936
,
&
Sns
1 St
<fe
.
1274180
12878 133
127
MS
A-O
A-O
A-O
A-O
Feb'03
13334 Mar'04
149 Aug'Ol
106 J'ne'04
122 J'ne'99
104 May'04
103 Apr '04
142 J'ly'04
.
107
,
106
.
M-N iil'ei
M-N
J-J
J-J
Elm Cort & No
See Leh <fe N Y
Erie 1 St eit gold 4s
1947
2d ext gold 5s
1919
8d ext gold 4 "as
1923
4th ext gold 58
1920
6th ext gold 4s
1928
Ist consol gold 78
1920
1st consol g lund 7s
1920
Erie Ist con g 4s prior. .1990
Registered
199t;
ist consol genUen g 48.. 1996
Registered
1990
Penn coU tr g 48
1951
BuffN
Erie Ist 7s. .1910
Butt<fe S
gold 68
1908
Chicifc Erie Ist gold 6s.. 1982
Jeff RR 1st gu g 58....al90y
Ijong Dock consol g 6s.. 1935
Coal & RR Ist cur gu 68.1922
Dock* Imp lat ciir68..1913
1474 J'ne'02
10014 Sal© 100>4 10014
1063g 109 104 14 J'ly'04
107 108>8 106 Aug'04
99I4
9934 Sale
997(
89
91
91 Aug'04
M-N
99^^
J-D
J-D
J-D
99
A-O
A-O
J-J
J-J
A Ala
See Sea
-See Sea
.See So
100
97
Jan '02
24
Mar'04
111
Feb '01
100
Aug'04
944
92»8
38 Sale
77
79
11278 116
112 la Sale
84
104 4
85
102»4 108
71
1044Aiig'04
86
101S4l04>f
Ry
VGA Nor See So Pac Co
Gouv A Oawegat See N Y Cent
Grand Rap A Ind See Penn RH
Gray's Pt Term A'ee St L S W
Gt Nor— C B A Q coll tr48 1921
116
97 », 300
97
97 4 Aug'04
97>4 Sale
Registered. /i
1921
Greenbrier Ky ;S'ee Ches A O
Gulf AST 1st ref A tg 5s 61952 J-J
A St Jo See C B A Q
ousatonic See N Y N H A H
Hock Val I8tcon80lg448. 1999
1999
Registered
10278 Sale
1027,
1034
904 38h
90
102
98
106«^
Han
108
A H V l8texlg48..1948
Houst E A W Tex See So Pac
Honst A Tex Cen See So Pac Co
109
1087e 109
105 4 J'ly '04
Extended l8tg34s
1st gold 38 sterling
104" iod' 10534
.106
,103
Registered
1953
1950
Cairo Bridge gold 48
liOtlisville Div gold 348.1953
Registered
1953
Middle Divreg58
1921
St Louis Div gold 38
1951
Registered
1951
Gold 34s
1951
Registered
1951
Spring Dlv 1st g 348. ..1951
Western Lines Ist g 48. .1951
BeUev A Car 1st 6s
1923
1044.
94 1«,
108
.
7934
94
92
.
1064.
CarbAShaw Ist g 48... 1932
Chic St L A N O g 58.. .1951
Registered
Gold 348
116
1014 102'
94 Mar'03
99 14 Oct '0,
1952
Registered
115
,
102
LN O A Tex gold 48.... 1953
1034110^
10541074
1004 100 >«
115 Apr '04
1134Mar'00
ioi" Sale 102
102
110
1951
1951
1951
1951
1951
1952
1st gold 348
Registered
12
100'4Apr'04
Oct '01
104
Apr'04
1064 Mar'03
94 4 Aug'04
80
85 4
"95"
IO7I4 J'ly'04
106»,
1074
1244 Apr'04
12441244
Nov'98
11934 Mar'04
9318 May'04
104
102i4Dec'03
101 Mar'02
NoT'Ol
106 Mar*04
107 4 Dec '02
98 J'ly'04
120 J'ly '04
Sale 100
100
70 Nov'03
1124115
101
934 95^
93
II914.
9314.
121
100
1044
94i4Aag'04
101 4 Oct '99
100 Nov'OO
1204.
984
102
101
123 May'99
85 4 MaT'04
90
119
107 Is
107 14
IO24IO6
J'ly'04
102
104
101
884 Aug'04
724 73
72
63
119»4
106
106
984
98
101
11888 121
97 100
10941124
1124Ang'04
874
118
87
86
89
68
73
M
SeeStLASF
KOAMRAB
Paclilo
24
36
Kan C A
Kan City Sou
M
98
944
100
924 944
37
664
10934
111
46
84
1124
A
See
K T
Ist gold 8s. .1950
1950
LAN
Kentucky Cent See
Keok A Des Mo See C
112iall2>a
lis
J'ly'04
114
J'ne'04
11334 J -ly '04
110 J'ne'04
Hi's
109
113
101
111 May'04
1017gj'ne'03
134 J'ne'04
130 Aug'03
98*8
99
,
13514
133 4
98^8 Sale
8638 Sale
911a 9134
AW
116
1194.
n94Ang'04
IIII4.
1144J'ly'04
112 Feb '04
1104.
.
Ist
93
73
Oct '00
RIAP
Knoxville A Ohio See So Ry
Istg 6s.. 1937
Lake Erie
2d gold 58
1941
North Ohio Ist gu g 6s. 1945
L Sho A Mich S See N Y Cent
Lehigh Val (Pa) coU g 58.1997
Leh Val N Y 1st gu g 448.1940
Registered
1940
1124 Leh V Ter Ry
10834
1094
10334 108
gu g58.1941
115
Ill
109
1941
Leh V Coal Col8tgug58.1933
Leh A N Y Ist guar g 48.. 1945
964 99
11541194
11041144
1114112
107 14 May'04
110
110
106 Jan '04
116
110
109 4 Oct '99
107 Jan '04
93 May'04
107
1074
10434 110
105
116
106
116
107
92
107
93
1945
EIC A N l8t g Ist pf 68.1914
Gold guar 68
1914
1054.
1001% J'ne'04
100 «8 100^
131^13518 Long Dock See Erie
Long Isl'd— lat con g58./il931
1174.
llOVt J'ne'04
116
<fe
91»4
9134
119^8 Aug'04
106
134
118
132 Apr '04
118 J'ly'04
113 4Nov'03
108 4 Jan '04
111 J'ly'04
98 Aug'04
103 4 103 4
'»
102
i
110'4
10938 111
84
87 14
8534
8884
85»4
9514
I25I4I26I4
116
120
Aug'02
1134 Jan
114'4
Ka I8lgug5s.l942
984 984
10379
9534
1
9638 10014
98 4 Jan '04
85 4
864 224
8534 Feb'04
125 14 J'ne'04
112^1115
1937
1940
Teriiiinal st gold Ss. .. 1943
Regis $5,000 each. ..1943
MidKRolN J I8lg6s.l910
114 114
1123811334
IO8I4III
111 1144
41
126 >4
104 14
lao
110»a
110>a
2d gold 4>i28
General cold 58
130
182
1134118'4
ibs 4 108 4
1094111
98
lOlSg
1014104
11341134
'04
11034 MBy'04
1104111"^
1094Ang'04
1064111
A-O
66
J-J
174
70
Sale
70
Aug'04
173
174
64
70
17138 174
109
Leh A Hud R See Cent of N J
Leh A WUkesb See Cent of N J
Leroy A Caney Val See Mo P
Ist consol gold 4s
.1014 994 J'ly
1938
1922
1932
Unilled gold 48
1949
Debenture gold 58
1934
Guar ref gold 4s
1949
BkJyn A Mont lstg68..1911
l8t5s
1911
Blslcong 681935
NV
R B Ist g68
1927
N
NorShB Istcou ggu5sol932
Louisiana A Ark Istg 58.192
Louisv A Nashv gen g 6s. 1930
Gold 68
1937
Unilled gold 4s
1940
Registered
1940
CoU trust gold 5s
1931
6-20-yr col tr deed g 48.1923
E H A Nash Istg 6s.... 1919
101
100
Kd E 111 See N Y G A E L H A P
Eq G LN Y Ist con g 08.. 1932 M-S 1124
E(i G A Fuel See P G A C Co
GaaA Elec BergCoo g5s.l949 J-D
Electric deb g 348. .1942 F-A
Or Rap G L Co let g 68. ..1915
Hu.t.son Co Gas 1st g 68. .1949 M N
Kings Co El LAPg5s...l937 A-O
Purchase money 6s
1997 A-O
Kd El UBkn l8tcong4s 1939 J-J
FA
88 4 91
964
106
J'ne'03
112
Nov'03
9534
98
4 Oct
88
Dec '00
106 4 Aug-04
»0 4
10734
IO514
1214 124
92 4.
10378
94 »8 J'ne'04
i
.
101
1014
J'iie'04
9678 1017,
110 110
103
Aug'04
1004103
10134 J'ly'04
.
10514 Mar'03
112 Mar'02
112 4 Jan '02
112 4Apr'02
10378 103"^
118 J'ly'04
114 4 J'ly "04
10041037,
115'4 118
11441144
1144115
113
98 102
10178 1017,
109 113
112
1114J'ne'04
HI4III4
90
904 J'ly '04
984 Sale
100-'4
1014
Tg
J'ne'04
J-ne'o4
983,
984
1094 Sale 109
94
I8tconvg6s..l910 M-S
964 994
118
FA
1904
1943
1947
1937
1204
.
100
101
'
98
1024.
J-D 10134
A-O 1244.
M-S 106
.
.
.
.
874 904
105S8
1094
93'4
944
10534 J'ly '04
1204 J'ue'04
Sale
1054
ChG-LACkel8tgug5s
J-J 106
Con G Coof Chlstgug58.'36 J-D 107
Eq G A F Ch Ist gu g 08. 1905 J-J IOIS4
90
1094
964
1024 105^
1154 1204
1004 102
Mny'04
Mar'04
100
100
1014 J'ne'04
1014 1014
1013, Ang'04
103
101
11334 1244
124 4 J'ly '04
103 Apr'04
107 J'ly '04
107
107
101 Mar'04
gu g5s. 1947 M-N
.103 1014 1014
Mu
11741204
9338 94Ss Syracuse Lighting 1st g 68. '51 J-D
l«r
MS
A
El
6s.
.1949
109 Feb'Ol
Trenton
G
g
105 108 4
Due Feb ctDueApr eDueMay ADueJ'ly kDueAug oDneOct {Due Deo
FuelGas
1204 Aug'04
LMcGasLofStLlstgSs.enm y-F 1084
1084 10H4
" No price Friday; latest bid and asked this week. oDueJan
1054
IOOS4
Feb'04
Oct '00
110
101
68..
NYAQKl LAP
A
'01
98
i'ajfe.
NYA
61
.
108
II5I4.
10078.
1905 J-J
Ist consol gold 5s
1st con g 681930
Rich Gas Ist g 5s. 1921 M-N
C 1st gu g 68..1904 M-N
Peo Gas
904 J'ly '04
1094
1174.
NYGKLHAPg
.1948 J-D
Purchase money 4s. ..1949 FA
2d guar gold 68
Ist con gold 68
Refunding gold 6s
.
.
Onn niitl Electric ijglit
MUwaukee Gas L 1st 4a. .1927 M-N
Mnt Fuel Gas Co see Peoj) Gas
ill
1014
102
104
109 4.
BAM
YA
Ed El
101
116\
'04
1094.
g
904
J-J
F-A
.
984
h.1931
General gold 4s
Ferry gold 44s
Gold 48
lVUMCUL.Lj\.N£OUai BONOi^-Contlnucd on Next
Oi:ii
Mar'98
1044
Registered
N Y Green L gu g 58.1940
N Y Sus & W Ist ref 68.) 937
EdKllUBkn SeeKCoELAP
105
M
sr
38
78
71
112i8Ang'04
M-N iiei*,
W
tinm nnil Electric l^ifcht
Buffalo Gas Istg 68
1947
Ch G L A C Co See P G A C C<
Consol Gas con V deb 6s
1909
Con Gas Co See P G A C Co
Detroit City Gas g 68
1923
Del Gas Co con let g 68. ..1918
J'ne'04
120
A Line
A Line
Registered
Y&
Wllk<fe
Georgia
Registered
MS
107
107
.
814 86
W
<fc
Det<& Mack Ist Ueu g 4s. 1995
Gold 48
1995
Det Son Istg 48
1951
Ohio Sou Dlv Ist g 48... 1941
Dul & Iron Range l8t68..1937
Registered
1937
2d 68
1916
Dul So Shore <fc Atl g 5s.. 1937
L^astot Minn 6'eeStPM&M
JCiaat Ten Va & Ga See So Ry
Elgin Jol & Bast Ist g 5s. 1941
107
10334
104 4 Sale
1951
1951
108 14 109^8
Registered
1951
Memph Dlv Ist g 4s... 1951
13334 I87I4
St L Sou l8t gu g 48
1981
Ind Bl A West See C C C A St L
ibeigibs" Ind Dec A
lat g58
1935
Ist guar gold 58
1935
IndlU A fa Istg 48
1950
104 106
Int A Great Nor Istg 6s.. 1919
103 103
142 142
2d gold 58
1909
3d gold 48
1921
Iowa Central 1st gold 58. .1938
Refunding g 4s
9534 101 14
1951
IO4I4I04I4 Jetferson RR See Erie
S
103 106 4 Kal A A G R See L S A
an A Mich See Tol A O C
94 101
K C Ft 8 A
See St L A S F
83
91
102
13638.
13034
12934
IIII4II54
100»4l034
ifl
Improvement gold 5a. ..1928 J-D
Rio Gr West 1st g 48.... 1939 J-J
Consoland col trust 48 1949 A-O
UtahCentlstgug4s al917 A-O
Bio Gr So gu See Rio Gr So
Den & S West gen s t g 58 1929 J-D
DeeMol&FtD fieeCR&IP
Minn See Ch N W
Des M
DesMoiUnRy Ist g 58.. 1917
DetM&Tol *'eeL8<feMSo
126 "4
112'8ll288
1284 J'ly'04
J-J 129
1144 J'ly'04
F-A 112>4
M-N 103^1 104 >2 103 4 J'ly'04
IO8I4 J'ly '04
A-O 108
Warrenlstrefgug3>28.2000 F-A
Del & Hnd 1st Pa Dlv 78.1917 M-S
Alb
112»8Jan'04
130 J'ly'04
130 J'ly'04
140 Oct '98
.
1915
1st ret gu gSSzs
2000
Lack cfe
l8t68...1921
Construction 58
1923
Term & improve 4s
1923
Syr Blng& N Y Ist 78. .1900
1004
J'ne'02
.VeeSoPacCo
CoUlYust gold 48
II414.
T
Registered
Har & S A
Registered
1124 Feb '04
& Western 78.. .1907 M-S 11134
Morris* Essex l8t78...1914 M-N I29I4
1st consol gaar7s
1915 J-D 1301a.
Del Lack
W&A RioGr Ist 48. ..1928
W
g
^al
Illinois Central 1st g 48. .1951
104>aNov'01
W
'alias
JJigh
101
112
Col
Mar'04
128
Apr
J-J
F-A
12
100 >a 100 J'ly'04
....
984J'ly'04
102 101 J'ly'04
99 Jan '04
95
102 Dec '02
94iaAng'03
93
105 "a.
105 Jan '04
102 "a J'ly'04
A-O
Q-J
A-O
J-J
102
>a
111»4
J-J
J-J
U6
Gila
Sale
,
J-D
J-D
l/ow
106 4
120
A
lliitAPeroM .See Pere Mar
Fla C A Penin See Sea Air Line
Fort St U 1> Co l8t K 448.1941
Ft
Den C Ist g 08....1921
JUgh
January I
J'ne'04
II9I4I2O
106
106
1064
Jiange
Since
39 c?
I
Georgia Pacific
100
98
101
Ask Low
Bill
&
Ga Car A Nor
<fe
W&
Week,'*
Jiange or
Last Sale
'TalH A Hon882]Rt 38.1913 A-O •1044.
<fc
i
Krie A Pitts See Penn Co
KvaiiH
T H Ist cons 68.192)
latgeneral gold 58
1942
Mt Vernon Ist gold 6s. .1923
Sull Co Branch Isl p 68.1930
Ev &, lud 1 Hi con gu gOs.. 1926
L^argo & So see Ch M
St P
/
Oln S
Ist gold 4s
193ti J-J
Cairo
M Divl8te48.191U J-J
Cln
8t L Dlv latcol tr g 48. .199(1 M-N
/y<ce
fVidav
Aug 19
Ft
78... 1905
19:<7
58. ..1941
M
See M K
STOCK EXCHANGE
WBKK EKUINO ADOD9T 19
N. T.
1
Pere Marq
US'
D I Ist gn (t
L & C 6>« C C C St 1,
& C &•<•< C C C St L
Oleartleld A Mali See B R
P
Clev Cin C <& St L pen g 48 1993 J-D 102
Cln
C
January
123>aJ'ly'04
SeeCHX&V
consul
1)
<fe
HO.NOS
Jiange
Since
aqoo
13334 J'ly '04
93 Dcc'O.S
ivS.l'.iSii
iten K<JR(7l!IH2
,SC('
jlsk'.Low
6a...l'.l:ii)
OlUciiKO Tor Trans k ia...l'.>41
Cluct West Iml
19
lS3i«
IstjrGs I'Jls
Nor Wisconsin Ist
St P Jfc S City let e
Aug
Hid
ClflcARlI. SccAtchT.feHHKc
Clilc 8t L <fe N () are III Cent
Chic St L & Pitta See I'l-iiii Co
Ohic St P M ,fc O cou Os...Ui:<(l
oust Pit Minn
Weed's
Jiange or
Last Sale
Price
f'ridav
N. Y.
iVoL Lxnx
2
103
104
1064 1094
104
101
105
1st
«
107
101^
106
^
Option sale
8
1
9
Bond Record—Continued— Page
All«. 20, 1904,
BONUS
Price
STOCK EXCHANGE
Wkkk Enuinq AuGtrsT 19
N. Y.
So*
108 "4 Jan
123 i< J'ly
1931 M-N 1074
LCln& Lex polrt4'2S...-.1930
J.J 126 130
l8t gold 6s..
N O & M 2(1
1930 J..
N O & M gold 6s
M-S
I
Pensacola Div eold6a...l92U
1921 M-S
St L Div l8t sold 6s
'04
123\ii25"'
122^4 Aug'03
11638 Mar'02
121"2...
122 Apr '04
74Hj 75 J'ne'02
113 Nov'99
106 ...
119
M Joint 48.1952
1952
95
J-J
J-J
Registered
F-A
Fla&S
l8t>n»K58---lR^T
N
Pens & Atl l8t fru g 68.. 1921 P-A
FA
.198b
68.
con
fpi
g
Ala
N
S <fc
1910 A-0
Sink fund gold 68
M-S
1945
gug48..
Co
Edge
Jeff
LA
L<fc N-Soutli
LN A
<fe
Ch
6'ee
C
Se«
ahon Coal
M!lanhattan Ryconsol4s.l990
990
I
Hi's.
W
See N Y
<fe B V
Metropolitan El See Man By
Mex Cent consol gold 48. .1911
l8t eonsol Income g 38.al939
2d ooneol income g38..al939
1917
Equip A coll gold Ss
1919
2d series gold 68
C«H tr K 4'i28 l8t Ser....l907
1977
Mez Internat Ist con g 4a.
1977
Stetnped jrnaranteed
1910
Mex Xorth 1st gold 68
Midb Cent «ee N Y Cent
Mid or N J 6'ee Erie
See Chic <fe N
Mil ii S *
Mil 4 Mad SeeCUic&NW
A St P
Mil A Nortk See Cli
Mian A St L l8t gold 78.. 1927
14^ Sale
FA
93
88
115
117
KaAAGRl8tguc58.1988
L
gtt
Mo Kan A Tex
108%
92^4 J'ly '04
90«8J'ly'0]
91
113
116
97
118
1634
J'ly '04
J-J
103
Nov'Ol
99^8
1st ret g
A Wa l8tgtig58...1940 .MN
Kaa C A Pao Ist g 4s.. .1990 FA
M» K A It Ist gu g OS. ..1942 A-0
M K & T uf T l8t gu g 58. 1942
Sber Sh A So 1st gu g 58. 1943 J-D
.\I
1900
Missouri Pacific 3d 7s
1920
l8t consol gold 63
Trust gold 5s stamped. ol917
ol917
RHgistered
1920
Ist coll gold 68
Ce»t Br Ky Ist gu g 48.1919
Leroy&CVALlstgSs 1926
Pa<; K of Mo l8t ex g 48.1938
2il extended gold 5s. ..1938
St J. Ir jM& Sgen con g 6sl931
Gen con stampgtdg5sl931
Unified <fc ref gold 4s. .1929
Biv A<T Div l8tg4s.. 1933
1933
Registered
Verdi V 1 c& \V Ist g 58.1926
MobA Bimi prior lien g 53 1945
1945
Mortgage gold 4s
Mob J A K C Is; cons gSs. 1953
Mob A Ohio new gold 6s.. 1927
l8t extension gold 6s../ll927
1938
General gold 4s
Moutgom Div Isl g 58. .1947
St L, A Cairo coll g 4s..el930
Guaranteed g4s
1931
M A O coll is See Southern
Mohawk A Mai SeeXYCAH
Mouougahela Riv See
Mont Cent See St P M A M
Morgan's l>a A T See S P Co
99
A Essex See Del LAW
St L 1st 7s. 1913
Nash Chat &gold
100
102
89 >a Sale
110 111
110
88
loS^
'105
1U2>2
.M-N
108
M-S
M-8
107 >a.
MN
FA
FA
94 Hi
lomj
J-J
F-A
102
J-J
114*4
lie^j Sale
A-0
A-0
Jan
'04
89
Si
J'ne'04
106
102 Aug'04
108 J'ly '04
12134 Aug'(i4
107^8 108
IO6I4
96V; 9434
lOflas
NYANE
iBtOs
N y A North See N Y C A H
N Y O A W ref Ist g 48..(/1992 M-S
Regis $5,000 only
^1992 M-S
99
MS
102
90
1064 111
42 99 106
100 103
1094
118% 122%
116%
91'iiSale
91
96i«
08
J-D
M-S
F-A
llHa.
Q-J
108
9434
116%
96
11141114
91
91
126>8Ang'04
12334
1264
121
90
130
91
Q-F
Apr "04
921a J'ly '04
.
98iaNov'03
J-J
I2II4
J-J
ll6»4Sale
113H,
112'*
113>3
W A Al Ist 6s. .1917
of...
Registered
1997 J-J
1884-1904 M-S
1884-1904 M-S
Regisldeb Ss ot...l889-19U4
.\1-S
J I)
Deltenture g 48. ...1890-1905
Registered
1890-190 J-D
Debt certs exl g 48
1905 M-N
Registered
1905 M-N
Lake Shere eoUg 3'a8...1998
Registered
1998
g3><28
Registered
1998
1998
FA
FA
FA
FA
Beech Creek I8tgug4a.l930 J.J
Registered
1 93tf J-J
•M r« gol«l6s...
193t J-J
Beech Cr Ext lat g 3 "as ftl951 A-0
A Clear C A I Istg 58.1926
2d gold 58
1926
Kan A H C A C 1st s f g68.1951
120
113
J'ly '04
113
02 14 Aug'04
100
40 73
1
7534
100%
loo's Sale
100
'
11,
102
121
1064 J'ne'04
1064Nov'00
10541064
U64May'04
964 974
.
Sep
100
.
'03
Mar'04
1234.
i3134 Apr'03
101%.
101% Apr "04
100^8
101
103% Sale
Sep
10334
101
101
101% 101%
'03
104
1004104
Dec '03
100
761^
1001'4
M-N
FA
FA
J-D
J-D
J-J
113
103 4
78
100i«
10014
89-<8
86
105 1,
101
99
Dec '02
9934 May04
9:iiaNov'()2
91 14
91 3h
HOi^ Ang'04
89I4 Aug'04
91
Jan '03
1(15 4) J'ly '04
91JaSale
s7
9634 10134
100'>H
90
89
102
Wf,
98
991-^ J'ne'04
1013.1 J 'ne'04
LOl
10J%
10034 100%
10041004
100
100
101
9941014
16
93 4
86
86
914
854 914
Mar'04
104
lt)0
102
lO:
126
.
9934 J'ne'04
9434 Sale
105
Sale
1034
744
72
J-D
J-D
F-A
Q-F
F-A
7434
...
974...
J-J
105
104
74 4
1014105%
104
4
72% J'ne'04
974
974
704 76%
6834 72%
97% 97%
12241224
.
1224 Mar'04
132
.
J'ly '99
.
1124 J'ly '0.1
1054Apr'04
90 4 Nov'03
94
94
113 4May'04
110%.
109 4.
.
994102
101
743,
.
.
99S4
874 95
1054
123
118
96
88
Ill
9934
104
11034
A-O 100 -a.
J.D
Q-M
93 14
95 t3'58
1074J'ly'01
101 4 Aug'04
10641084
94
86
111
1134
110 J']y'04
108 4 J'ly '02
110
110
certil's
4
A-O
M-N
4 1094
105
110
l02 4J'ue'04
102 Apr '02
108 4 Aug'04
10534 j'ne'04
102
4 102 Hi
J-J
J-J
MS
108
110i«
gug 3 48.1916 M-N
St L A P Ist con g 6s. 1932 A-O
Registered
1932 A-O
CI A P gen gug 448 ser A. '42 J-J
Series B
1942 A-O
Series C 348
1948 M-N
Series D34a
1950 F-A
Erie A Pittegug34s B.1940 J-J
Series C
1940 J-J
N A C Bdge gen gu g 4 48 1 945 J-J
PCCAStLgu448A...1940 .A.-0
Series B guar
1942 A-O
Seriee
Series
Series
C guar
PittsFtW
3d 78
Penn
KR
1942 M-N
1945 M-N
1949 FA
l8t78...1912 J-J
U)1'2 J-J
A1912, A-O
D 48 guar
E 34 guar g
AC
.
Ist real est g48.l92;-!iM->:
109
1024.
108%
105
90
92
10534 108 !«
Nov'98
934 924 Dec '03-
9734
118
102
.
99
.
1114
98 J'ly '04
1184J'ne'04
95% 98
118
118»«
Jan '04
Nov'OO
Apr '04
96
96
110 "a Aug'04
110 Mar'04
110
110
102 J'ly '04
108
1034 Aug'03
1123,
954
944
96
102
94
94
103
98'4
11034
11034
110%
103
914
120%
119%
121%
Aug'04
127% Oct '02
9134
121
104 'j 108
Mar'114
119 Apr'04
1074Miir'04
9334
10934
98»4
1104
1114
no no
1014102
92
90
;
121 121
119 119
104 4107>ji
-
103
100
Sale
72
Sale
66
106
100
74
72
7fi
104
103
Nov'OO
Mar'04
100
105
105
954100
794
09
694 75
10241024
J'ly 04
72
10'J4 J'ly'<'4
,
BONOS— Continued
107 Muy'97
102 4 Oct '03
1064 Feb'02
108
.
1284.
101
Consol t«rling g 68
1905 J J
Con cnrrenoy 6s reg...(/1905|Q-M
106
Oct '00
92
106
08
J'ly '04
I
AC Istg 58.1949 MS
Wh LEA PC Co Istg 68. 191 J J
ac of Missouri See Mo Pac
Panama lets fund g448.. 1917
Sink fund subsidy g 6s.. 19 10
Penn Co— Guar Ist g 44s. 1921
Registered
1921
Guar 348 coll trust reg.1937
Guar 3 4s coll tr ser B...194I
2d78
107»4
gsf 68.1928 J-J
RochAPitCA pur m 58.1940 M-N
Tenn Coal gen 58
1951 J-J
904 92
Tenn Oiv l«t g 68
al917 A-O 106
Birm Div 1st consol 6»..1917 J-J
Cah C M Ce 1st gu g 68.1922 J D
De BarC& Co gu g 68.1910 FA
112 4 Apr '04
111 1124
130 Aug'03
127 Nov'03
I254I32S4,
13234 Aug'04
40 964102
101% Sale 1014 102
110
W
11341134
10O'6Apr'O4
100'2Mar'04
'1(»1
Plea« ValCoal Isl
*Mo pno«
121%122
J'ly '04
101
J-J
M
See N Y Cent
AW
See C C C A St L
OInd
hio River RR
107>i
C I8tg6s..l919 A-O 103
Jell
"Va Iron Coal
964.
60
100
Oswego A Rome See N Y
1244 O C P A St P See C A N
11041154 Pac Coast Co 1st g 58. .. .1946 J-D 1094.
124iaJ'ne'04
115>4
II514
113 Dec '99
113i2J'n6'04
I»IISCELJx4N£OUH
Ool F»el Cegea gold 68. ..1919
Col F A 1 Co gen s I g 03. .1943
Conrcrtible deb g 68
1911
TruBt Coetfs
Registered certific's..l923
ADul l8t58....1931
2d 68
1917
Ist consol gold 4s
1968
Wash Cent Ist g4s
1948
NorPacTerCo 1st g 63.. 1933
Nor Ry Cal See So Pac
Nor Wla See C St P
AO
StPaul
C
Con! nnd Iron
0«1 C A I DCT Co gu g 58.1909 J-J
1
121
.M-N
W
Tr Co
<fc
Registered
,
102 104'2
76 "a Sale
New 11 A D ticc xN y N H A U
NJJuucRR see NY Cent
New A Cin Bdge SeePennCo
N O N E prior lien g 6s j?1915 A-0
N V Bkin & .Man Bch See L 1
N y Cent A H Riv g 3>28.1997 J-J
Coal<fc
1090r1124
121
1084
Ist g 5s. 1936 J-D
General gold 58
1937 A-0
Ore A Cal See So Pac Co
Ore RR A Nav See Un Pao
Ore Short Line See Un Pac
Branch Ist Os.... 1917
Nash Flor A Slinf S^-e L A K
Natof Mex prior lieu 4'28.192G J.J
l8t consol 4h
1951 A-O
Gr Riv
109%Apr'04
121% J'ly '04
11934
10434
Jan '03
944
1134114
884 92 4 Nor A Mont
94 Si J'ly '04
113HiMay'04
,
W
. . .
OX'S
lll»9Mar'04
91 Feb '04
121
.
W
103^4 108 '8
91-8 96
J-J
125 <%.
110
97
A
1922
C C A T 1st gu g 5s
Scio V A N E Ist gu g 48 1989
North Illinois See Chi A N
North Ohio See L Erie A
Nor Pac— Prior Uen g 4s.. 1997
101
Registered
1034
1997
1094115
General lien goldSs
a204
111%117
Registered
a204
St Paul-Dul Div g 48.
1996
84
Registered
1996
914
91
96
C B A Q coll tr 48 See Gt Nor
StPA N P gen g 68. ...1923
104
106H,
101>3
J
1941 M-N
1931 M-N
extg6s..l934 FA
New River Istg 6s
1932 A-O
N A Ry Ist con g 48.1996 A-O
Registered
1996 A-O
PocahC A C Joint 4s.. 1941 J-D
Improvem't
10634
100 May'Ol
102iaAug'lt4
115 Aug'04
95 1* 9534
112
95
J
1928 A-0
5s
Jasper Braiicli 1st g 68. .1923
CentMU
1905 J-J
1905 J-J
Nor A South l8tg5s
Norf A West gen g 68
102
86
10934 Oct '03
J-J
M-N
M-N
l8t cousol
Mi««i
Nov'03
121
139
126
113
112
122
100
Morris
Debeulure Ss
98
9841013*
1274
19371A-0
N Y A Greenw Lake See Erie
N Y A Har See N Y C A Hud
N Y Lack AW See D L A W
N Y L E A W See Erie
NYALongBr Se^CentofNJ
12041204 NYANE SeeNYNHAH
New York New Hav A Hart—
113 118
Housatonic R con g 5s. .1937 M-N
954 98
N H A Derby con g 58.. 191 M-N
BAG
TAP
10034
98
98
i.
964 10034 N Y A Put See N y C A H
78 »9 79
78», 15 754 81
78%
^1990 P-A
N Y A R B See Long Island
1944 M-N 102>3l03'2 103 Aug'04
See Erie
984 104% N Y S A
84
80
83 >, N Y Tex A M See So Pac Co
48. ...2001 A-0
831a J'ly '04
9994 100
10641094
105 4108%
W
May'OO
99
121
117'8
1071:1
114 ...
113 Apr'04
113 1154
1154119
1181a 1194 119 Aug'04
11334 Jan '02
11634 11634
Oswe A R2dgug5s...el915 P-A
RWAOTRlst gug 58.1918 M-N 10334
1044 Apr '04
104 1044
Utlca ABlkRivgng48.1922 J-J
105 4 22 10234 1054
N Y Chic A St L Ist g 48.1937 A-O 1054Sal.^ 105
96
J-J
Dal
McM M
MS
l8t7s
J-J
1<»84
NY
120iuPeb'04
121
Jan '02
118 Aug'04
96>4 Aug'04
118>a
1084 1074
10634 1073, 107
W
l8textg»ia 5s
LDiT
6
142 Dec '03
112% Deo '03
138
J-D
Ist g 4s. ..1990 J-D
2dg»ld48
J-J
J-J
J-J
1934 J-J
2d guar 68
McKee8ABVl8tg68l918 J-J
Mich Cent Ist cohboI 68.1909 M-S
1931
68
1931
Registered
1940
4b...:
1940 J-J
Registered
1951 M-8
J L A § Istg 348
1962 M-K
l8tgS48
Bat C A Stur Ist gug 3s. 1969 J-D
48...
2000 M-N
Harlem
Y
3
N A
g
2000 M-N
Registered
A North Ist g 5s.. .1927 A-O
R A Ocon I8text58.7il922 A-O
C'l RR let 58. .1934
McK AY Ist gu 68.1932
Mahon
Pitts
93,
See B C R Jt N
M StP A S S M con g 4 int gu '38
M A P Ist 58 stpd 48 int gn 1930
MS8M<feAl8tg4intgu 1920
MiBa U> See St P M AM
2361 J-J
Registered
M
108
1174
714
105
107 4 J'ly '00
105 Oct '02
106 4 Nov'Ol
115
116
112
A-O
A-O
M-S
M-S
J-D
1st is gu... 2361 J-J
Since
Apr '02
96
GouvAOswelstgugSs 1942 J-D
Moh A Mai 1st gu g 48. .1991 M-S
Range
January I
Low High
High.
Lake Shore gold 348. ...1997 J-D 100% 10034 100% 100%
99
98 Apr '04
1997 J-D
Registered
1928 M-S 10134 siie 1014 10134 200
Debenture g 48
1014
Feb'02
114
78.1906
A
Ist
Tol
A
Mon
Det
I0714IIO4
198
86'
West Shore
60
12
14'(
"
if)
954
101410534
62»e 100
Ask Low
Bid
.
aS
a;
994
J'ly '04
9
1909 J-D
l»wa Ex l8tgold78
Paei«c Ex 1st gold 6s. ..1921 A-O
Sauth West Ex 1st g 7s. 1910 J-D
1934 M-N
Ist consol gold 5s
1st and refund gold 48. .1949 M-B
St
em
13»4
62iiiSale
J-J
J'ly
J'ly
Range or
Last Sale
89
914 99
10688 10619 IO6S4 1063.
103 'a Deo '02
107»4
107^.
1073<
A-0
.
Friday
Aug 19
9714
110
W
W
St
J'ly '04
Jan '04
J'ly '04
Mar'03
9313
99
108
90
4s.
NJJuncR gu Ist 4s. ..1980 FA
NYAPulst con gng4s 1993 A-O
Nor A Mont Ist gug 5s. 1916 AO
122
Cent
McK'pt
A
H*
.114'2
115
]
117
114»s.
A-O
1
Rofflstered
Metropol El Ist g 68.. ..1908 J-J
Coloniz g 58.... 1934 J-D
Man S
MiBB
17
1
gu g
St
1
Registered
95
A
M ^S
L 8 &\^
I
95
....
& Ad
1981 J-D
Clearf Bit Coal 1st s f 48.1940 J-J
Cart
vvJnSV M-S
HenderB<lfrel8t8fg68.1931 M-S
99 12 99 Aug'04
99
4.S..1987 J-J
Cent
KoW
Kentucky
L&N & MAM I8tg4>28l945 M-9 '*108iellO 107>i2j'ue'(l3
2dpoia3s
N. Y.
Since.
Week's
Price
STOCK EXCHANGE
a; eg January J
Week Ending August 19
High No Low High N Y Cent& H Vi—( Continued)
'03
or
Last Sale
Ask Low
Bid
L0UI8V& tiaahv—(Continued)
721
3
BONDS
Kange
IVeefc'«
Range
Friday
Aug 19
.
1
102
102 4 104 >4 102
71
71
32
Friday; laleat bid and aakadthla we«k.
Apr'Oi
Aug'1'4
9134
on Next Pane
Tclenrapli nnd Telephone
Am Telep & Tel coll tr 4s 1929
Connn Cable Co Ist g 48. .2307
Registered
2397
Erie T & T col tr g 8 f us. .1926
MetTifc Tlsl8 f gSs
1918
N Y A N J Tel gen g 6H..1920
No Wesln Teleg See West Un
West Union col tr cur 5s. 1938
Fd and real est g 44s. ..1950
iMul Un Tel h fund On. ..191
iNortliw Tel gu f 4 4»g..l934
Dec '03
Jan '00
• Due Jan
MN
M-N
J-J
94
04
90
1004 Oof 00
lO'.t
1104;!.;]
106
109
MN
104%
J-J
107
101
M-N
J'ne'04
964 100 4 Apr '02
Oct '99
J'nc'04
105 4 J'ly '08
111934
109
'4
1003*
Sale
Sale
109
105
109
1044
104%
J'nc'04
101
107
4 105
103
107
103
J'lj''04
100
964 98
J'ly '04
86
87
80 4
87
96
70
82
74
10!>
107
103%
92
Xaniilnctnrinx vV IiiduMtrlal
Am Cot Oil ext 44«
1916 Q-F
Am lliileA L l8t 8 g 0s..l919 M-S
10041OM.^ Am SiiirltJi Mfg l8tg08..1916 MS
Am Thread Utcol tr 48. ..1919 J-J
064 71
Bar A 8 Car Co Ist g 6h... 1042 J-J
6 Due Feb «DueM»r ffUuej'ne A Due J'ly
102 100
(3 1014 108
Aoa'04
J.J
Q.J
I
95
804
Sale
87
804
80%
106
p Une Nov
f
81
Jan '00
Option
sale.
997*
86)»
88
81
,
—
—
3
1
V
1
Bond Eecord— Concluded—Page 4
BONDS
STOCK KXCHANC
WBKK KNOINO AUOl'bT 19
fouu KK (Continued)
K. Y.
K-
it
Weekt
Jianye or
Ltut Kale
ma
1919 M
194H M
1912 M
CouverIil}l<>K:5SiM
Alleg Val ton pu k 48. ..1942 M
Cn <ft Mar Isl ku k 4 S-8..1»;ir) M-
Atlc
10«»ii
98 <4 bale
104 14
108 14
HK*'l8lKll 48 E. :)() K
Low
114
urn
1131a
C0U80I poll! 68
CoUHut KoKt 48
UKKliJt
triee
fYidav
Aug 19
nONDS
Range
Since
January
[Vol. lxxix.
STOCK EXCHANGE
Week Exdino August 19
J
Sim<fc 1-ewis l8t K4s...l9;j(i j
Latt Sale
High Ko Low High, Southern Pac Co (Continued)
Bid
Atk
Doc 'OS
H<fc TCl8tg6«intgu..l937 J.J llCa....
Consol K 6« Int guar. ..1912 A-O 112 113
Gen gold 4h int guar. .1921 A-O 94 ....
041a OS's
125
Waco<fe N Wdivl8tj?68'30 M-N
Morgan's La & T Ist '78.1918 A-O 1291s....
Aug'03
98 1«
98 S. 385
102 Nov'97
112»4 Mar'OO
983«
Ist gold
\m\
le\ lHlKUK4'-j8l941
108 "2 Apr '04
108>al08>2
)$«
N YT&Mex
104*4
W
94
90
115
95
M
FA
W
W
W
.
.
FA
.
l:-0>a
121
104 »6 107
100
Oct
lOK
'o.i
102"
Apr 04
11334 115
bale
110
12034
122H2
116
118
112'^
877g
IO7I1
Aug'04
Mar04
101 Feb '04
lllHj<Jct '02
103 Jan '04
117'^
117
110 Feb '04
101
101
103
39,111
io:<
...||108
11(1
91 14
953.
May'04
11334 Aug'04
118
113
11 117
120
120
112 J'ly '04
12218 122 4
124 J'ly '04
116 Aug'04
109
11234
90 14
11538 116
'I22I4
9638
118
11334
120
112
11834 12218
120
114
112
124
116=8
1V>\
87
87 Hi
103Hil06
110 J'ne'O.
115 Jan'o:
116 Aug'o1 10 Hj May'04
93 Dec 'Oi
115 J'ly '04
11138
118
12] '..234 97ie
97
97
114 J'ly '04
114 114
10 931.. 98
96 'k
97
117HjApr'04
115 117Hj
11238J'iie('r
87HjJ'ly'0<
105H2J'ne'0
123 Feb'O:
114
109 Hj
'
i"02
1151411514
114Hjlt4Hi
119 119
107 111!
108 lOS'*
Feb '04
95
110
110
110 116
110Hj112Hi
112Hj116'4
117 J'ly'OC
104HjSep'0i
W
KC& M
130
121
118
120
112
11714.
99H2.
II2I4.
110
.
M
112
113
901a 94
Apr'04
May'04
119
109
108
9634
1X514
^
Jliah,
110
112
94 J 'It '04
127 HjFeb'02
130
12
Low
II5I4 J'ue'04
114i2.-^pr'04
97 Sale
114 H.
.
1<
A-O
Apr'04
Ang'04
102
102
98
117H2Sale
W
W
M
;34
10234
IO4I4
105H2
MS
11
115
115
109
109
10134
.
Hiuh
112
102
105'2
NO
Low
87i«
8334
85:<H 3181 76
106-4 Aug'04
105 108
108i«
10734 Aug'()4
10534
102 Mny'04
101 Hj 102
853b Sale
10034
10734
AC
'.J
Rangf.
Hince
January 1
104»8J'ly'O4
113 Jan '01
100 Jan '01
107
99 14
W
5T!
S5«l
Range or
fYidav
Aug 19
.::6.
1920 J.J
gu 1st g4M. 1912 A-O
ll]()34
Noof Cal 1st gu g6s
1907 J-J
IIO"*
117 Muy'OO
Guivranteed gold 5s
1938 A-O
U N J HU <t (Jan K«" 48.1914Jm
Ore cfc Cal Ist guar g 5s. 1927 J-J
Pfusaoola ik All .S<ie L.<fc IS'a»ti
SA& A Pa88lstKUg4s.l943 J-J
I'eo A- East Ace O C C «fc St L
120ial23i2
118
121 Way
19211q.
SoPof Argu lHtg68...cl909 J.J
I'eoiV- Pik Uiil8tK6a
101 JMy
98 101
bl921 M
1st guar g 68
cl910 J.J
2il pol«14'as
106 ..
109 Apr
M Os 1921 j
S Pof Cal Istg 68
Turn ^larq— Cli<k
1905|AO
12118 A i.ir'
192(1 a
l.il's.llx 12;
Ist g 6s series B
1905 A-O
Mint it P-Al f;«s
111^4..
109 May10734 1111
1939 m
lstg6s8criosC& D...1906
Isi eonsol koI<.158
109i4ll2'8
112!'8
llii
113'4..
Istg 6s series Elk F...1912 A-O
Pr Huron Div 1st ^ ris.193!) a
Ist gold (is
1912 A-O
Saf,'Tu.sct 11 IstftUK 48.1931 If
119 '4 Apr '04
II9I4II9I2
117 '2.
1937 M-N
Phila & Hejiiliug cous 78.1911 j
Ist con guar g 5s
137 Nov'97
Stanipeil
1905-.. 1937 M-N
P:ne Crock rejr guar 6s. ..1932 j
SPacofNMex Istg 6s.. 1911 J-J
Pitts Uui ct hi 1. See Ponn Co
S P Coast Ist gu g4s
1937 J-J
Pitts Cli,vf & Tol See H & O
it Oil
.S«! I'eun Co
Pitts Ft
Tex&
1905 FA
l8t78
120 Oct '01
Pitt.s Juuc Istgoia 6a
1922 J.
1912 .M-S
Sabine Div IstgOs
117»a.
112>2Dec'02
1943 J-J
I'itts A; 1. Erie 2it s 58...al928 a
Con gold 5s
puts McKl-i!8 A: i' See N Y Con
Southern— 1st cong 5s
1994 J-J
114>2.
115>-!Mar'04
Pitts Sh <k L E 1st g 5s... 1940 AllS'allB'-.
RegiRtere<l
1994 J-J
111>2.
1st consol gold 58
1943 j
98 J'ly'97
Mobcik Ohio coll trg4s.. 1938 M-S
Pitts cfc West «VeeB<feO
Mem Div 1st g 4H2-5s... 1996 J-J
n4iHMay'04
113
ii4'ftn4i(
Pitts Y & Ash Ist con 5s. 1927
1951 J-J
St Louis div l8t g 4s
100 Sale
99 '4 100 134 94''„101
1997
1918 J-J
Ala Cen R Ist g (js
IJeadiiigCo gen g 4s
* 98
X Registered
99
1997
99 Aug-04
99
Atl<fe Dauvlstg4s
98
1948 J-J
Jersey Cent coll g 48. ..1951
96 Aug'04
9138 96
Atlifc Yad I8tgguar4s.l949 A-O
951a 96
Kensseiaer <fc Sar See D <fc H
1916 J-J
C0I& Greenvlstes
Ricli & Dan See South Ry
ET Va& Ga Div g 5s. .1930 J-J
Rich & Sl(5ok See Southern
Con 1st gold 58
1956 M-N
Bio Gr West See Den <fe Rio Or
ETen reor lien g 5s
1938 M-S
Kio Gr Jimc 1st gu g5s...l939' J D, 111 11138 lll'2J'ly'04
11012 1111-^
GaPac
1922 J-J
Ry
Ist g 68
BiogrSo 1st gold 48
1940 j " 6213...
68 J'ne'04
iinox <& Ohio 1st g 68. ..1925 J-J
63 Hi 68
Guaranteed
194U j
92 Mar'03
Rich & Dan con g 68
1915 J-J
Roch & Pitts See B R <fe P
1927 A-O
Deb 5s stamped
Rome Wat & Og See N Y Cent
Rich & Meek 1st g 4s.. .1948 M-N
Rutland let con g 412S
1941
10334 May'04
10334 104
So Car & Ga let g 5s.... 1919 M-K
101i4Nov'01
Rut-Canad 1st gu g 4s. .1949
Virginia Mid ser C 6s. ..1916 M-iTus <fe H See Pere Mar(i
Series D 4-5s
1921 M-S
Sag
87^2.
t Jo& Gr Isl 1st g 4s.. .1947
^7 i-i Aug'04
Series E58
1926
87 12
84
St Law & Adu-on Istg 58.1996
General 58
1936 M-N
2d gold 6s
1996
Guar stamped
1936 M-N
St L & Cairo See Mob & Ohio
1st cy gu 4s.. 1924 FA
O cfc
St L & Iron Mount See
P
WestN C 1st con g 6s.. 1914 J-J
St L K C & N See Wabash
S <fe N Ala &e« L <fe N
StLMBr 6efiT KK AolStL
Spok FaUs & Nor 1st g 6s. 1939 J-J
St L & S Fran 2d g 6s CI B 1906 M103i4J'ne'04
10434
Stat Isl Rv Ist gu g 4I28..1943 J-D
IO318 105
2d gold 6s Class C
1906 M10434
103 12 103=8 Syra Bmg <fc N Y A'ee D L <&
10306J'ne'04
f (""er A of St L 1st
General gold 6s
125
1931 j
1 25 14 Sale
12514
12234 127
g 4 Hjs. 1939 A-O
General gold 5s
1931 j
11134 .... llli-2Aug'()4
110 II2I2 1 Isl con gold 58.... 1894-1944 P-A
96i2Aug04
96 '2
Stlj& S i' RR oonsg48..'90 J
97 100
Gen refund sf g4s
1953 J-J
96
Southw Div Istg 5s. .1947 A99
100 Jan '04
St L
Bge Ter gu g 58.1930 A-O
100 100
Refunding g 4s
82 12
1951. J
84 S, 598 7912 S4i«' Tex & N O See So Pac Co
841s Sale
5-year gold nates 412..19OS
10 94
94
94
94
Tex<fc Pac E Div Istg 6s. .1905 M-S
94
K C Ft Set M coug 68.. 1928
122^4
11912 Feb'04
II9I2 1191..
1st gold 5s
2000 J.D
84I2 50
K C Ft S ik liy ref g 4s 1936
85 14
92OOO Mar
2d gold inc 5s
8 4 1^ Sale
841a
K& B 1st gu 53.1929
'101
1931 JJ
La Div B L Istg 58
St Lionis So Sec Illinois Cent
WMin WcfcNWlstgu5s'30
1st g 4s bd ctls.1989
St L S
96 >2 Sale
1st g 5s
1935 J-J
9612 12 91 12 967i Tol<fe O
961a
2d g 4s inc bond ctts...j(1989
7834 79
11 70 12 79
Western Div 1st g 5s. ..1935 A-O
79
79
Consol gold 4s
1932
7734 Sale
General gold 5s
7534
1935 J-D
78 219 66 12 78
Gray's PtTer 1st gug 5s 1947
Kan <fc M 1st gug 4s.... 1990 A-O
St Paul & Dul See Nor Pacific
T01P& 1st gold 48.. ..1917 J-J
StPaulMife Man 2d 6s. ..1909
111=8 112
pr lien g 3 H2S. 1925 J-J
Tol SI L tt
111 Aug'04
107=8 111
Istcousol gold6s
1933
133 12 Aug'04
50-year gold 4s
1950 A-O
133 Hi
130 133 12
Registered
1933
140 May'02
Tor Hani & Buff 1st g 48./1.1946 J-D
Reduced to gold 4^s..l933
llu
10838 J'ly '04
107HillO
Ulster ct Del 1st con g 5s 1928 J-D
Regi8tere(l.
1933
1st refund g 4s
1952 A-O
llOieApr'Ol
Dakota ext gold Os
1910
11134.
1 11 13 Aug'04
loeHjlllis Vn I^ac KR <fc 1 gr g 4s ...1947 J-J
Mont ext Ist gold 43
1937
Registered
1947
104
Aug'04
J-J
100 104
103M.
Registered
1937
1021.2.
1st lieu convert 4s
1911 M-N
106 May'Ol
E Minn 1st div lstg5s..l90S
104 12 Aug'04
104i2l04'2
Registered
1911 M-N
10434
Nor Div 1st gold 4s
1948
Ore Ky & Nav con g 4s. 1946 J-D
Minn Union Ist g 68
1922
125
Ore Short Line Istg 6s.. 1922 F-A
128 Apr'02
Mont O 1st gu g 6s
1937
1946 J-J
Ist consol g 5s
132 "2.
135 Apr '04
133 135=8
Registered.
1937
1927
4s <fe participating
115 Avr'97
1st guar gold 5s
19
114i2Mar'04
1908 J-J
1 1 634
Utah & Nor 1st 7s
lUialUH;
WiUifc S F 1st gold 5s. .1938
Gold
5s
1926 J-J
117
117 Jan '04
11'
117
St P <fc Nor Pac See Nor Pac
Uni N J KR & C Co See Pa RK
St P <& S'x City See C St P
<&0
Utah Central See Rio Gr Wes
Salt Lake C Ist g s f 6s. ..191
Utah & Nortk See Un Pacific
SFePresiJi Ph 1st g5s...l94
Utlca & Black R See N Y Cent
110 Jan '04
110 110
S A <k A P See So Pac Co
See Mo P
\/ er Val Ind &
V irginia Mid See South Ry
S F & N P l8t sink t g 5s. 1919 J.J
9934.
11334 Dec'Ol
Sav F cfe West .See Atl Coast L
Va <fc Southw't 1st gu 5s. 2003 J-J
Scioto Val cfe N K See Nor &
1989 M-N
Wabash 1st gold 5s
Seaboard Air Line g 4s ...1950
2d gold 5»
1939 FA
73
7,
74
74
65
Coll tr leluud g 5s
1911
Debenture series A
1939 J-J
101)34 ...
IOOI2 100>2
96 101
Car Cent Isl con g 48. ..1949
Series B
1939 J-J
9234 ...
9214 Aug'04
91
93
Fla Cen <fc Pen I8tg5s.l918
102 12-..
1st lien equip s fd g os. .1921 M-S
loo Sep 00
1st laud gr e.\i g 5s. ..1930
Det&Ch Ext Istg 5s.. 1941 J-J
100 ...
Consol gold 5s
1943
Des Moiu Div Istg 43.. 1939 J-J
10439 ...
10434 J'ly '04
10434 10434
Ga<fc AlaRy 1st con5sol945
1941 A-O
Om Div 1st g3HiS
104=810514 105 '4 Aug'04
102 10534
Ga Car <fe No isl gug 53 1929
10834 ...
Tol <fc Ch Div 1 St g 4s. .. 1 94
108 .)'iie'04
105 Hz loo
Stab & Roa Ist us
1926
St Chas Bridge 1st g 6s. 1908 A-O
105 ...
lll'4May'03
Bher Shr & So See M K cfc T
Warren See Del Lac <& West
81I Sp Oca <fc G See j\.tl Coast L
Wash Cent See Nor P;ic
Sod Bay & So Istg 5s
See Southern
1924 J-J IOII4
Wash O &
102 Jan '03
So Car <fe Ga Sec SouUiern
West N Y & Pa 1st g 53.. 1937 J-J
So Pac Co— CoU tr g4'os..l905
1943 A-O
Gen gold 3-4s
lOHiSale 101
101 li 7*1 97 '» 10134
Gold 4s (CeutPac coll). fcl949
dl943 Nov
Income 58
94'2SaJ»'
94
95 110 87 Hi 95
Kegihtored
A;1949
West No Car -Se-e South Ry
94 12
8.-)34
'.14 Hi
94
1
A<fc N
1st gugos.... 1941
VaCentife P 1st g 6s. .1911 J.J
103
102 Apr'04
97 102
Cent Pac 1st ret gu g 4s 1949
100 Sale
991^8 100
UVI4 101 ^B Wheel'gifc L K 1st g 5s. ..1926 A-O
I4
Registered
1 ',I4'J
Wheel Div 1st gold 58. .1928 J-J
99 Mar'03
Mori guar gold 3i2S..A:1929
Exten <t imp gohl 5s. ..1930 FA
88
88
88
88
Ha'*
84
GalHariSi S A Isl g6s..l91()
105 '1,107 110 I4 Feb 'OS
2()-yoar e(juip s I 5s
1922 J.J
2d gold 7s
I02I2
1905
1949 M-S
l8l(J0U80l 4s
103 '4 Apr '04
100 "2 10:
Mex& Paclslg5s 1931
Erie
East
Wilkes
<fc
see
110 114
107 J'ne'04
1 05 'h 108^2
GUa V G & N 1st gu g5s. 1924
106 Sj
Wil <fe Sioux F See St P M & M
107 Aug'04
105 108
Hous K <fc
T Ist g 58.1933
Winona As St P /Se« C <fc N
104
105 Doc '03
1st guar 5s red
1933
104
Wis Cent 50-yr Ist gen 4s. 1949 J.J
103 v J'ly '04
103 Hj 103
GrKA
WrekTi
Price
N. Y.
1
May'O'
II6I4 J'ne'04
100
22
1001.
11218 J'ly '04
110 110
112l4l]6'4
98i«10ui4
110 112H,
102 >4
102 J'ly'O102 102
119 1191, 1183^ 1191, 14 115 1194
81
9 80
90
81
81
93
109 H2
109HiAug'04 .... 108 llOU
105 106Hj.'Vlar04
101
106Hj
114^8 May'04 .... 11214115
113Hi
11218
111 May'O
111 in
106 108 10734 Aug'O-,
103 Hj 10734
95H2 96
91
94H2
94 Hi J'ly '04
92
86
90Hj 90 J'ly '04
8518 86 H< 85
85 1* 18 81
85=8
20 68
74
73H2
74
73Hj
9134
9S Apr'03
110
1 106'4 113
IIIH2 111H4
92 Hj
93 Aug'04
9134 93
105 14 Sale 105 14 10534 94 100*4 106
104 May'04
1003^104
10334 Sale 1033s l<)43g 2fia2 94>2l0438
98 Ha J'ne'04
96'4 98 Hj
102 "4 102 Hj 102 14 Aug'O' . .. 9 8 H» 102-8
121 "s sale 12176 1-J17^
4 120 "4 125 Hi
116*2 Sale iie-a nen.
3 111 11714
9539 Sale
95 14
95 H. 120 90=8 9*1*
109
112 Dec'03
114HjApr'0'4
.
.
M
W
104 107
117i4Sale
107 H. 108
99
W
'
61
Sale
*100
103
H,
1u9Hj....
tto
S3
MS
85
'8
Aug'04
100 Hj 10414
17 114Hj118'4
2 IOHI4IIO
94
95 J'ly' 04
95
62-. 512
56
68
60 Hi
10-J
102
Jan '04
102
IO6I4IIOHJ
UOH; J'ue'04
90
90 Feb '04
90
83=8 .\ug'04
79^8 83'^
98 Mar'O:
109 Hi Mar'o:i
103
II714
1173.
lt.8
108
116
Apr "04
96
40
Mar'Ol
W
W
116
96
au
...^-.
W
IIOI4U2
II2H2
109
107HJ
'<
W
Sale
100
91 Is Sale
115
93
90
111 Aag'04
112 Apr'O-:
110 14 May'Ol
109 Apr'O100 Hz Aug'04
91
91
116
96
111 111
l(KM4ll4
II11I4 110(4
34
109
100
86
109
103
92
W
8934 Sale
1-2
80 Hj
8984
29
88 Hi 91 19
lUI.SCKULANEOUS BONU.S—ConcludeiL
nianofactiirine lV: IndiiHirinl
Consol Tobacco 50-yr g 48.1951
Registered
1951
Distil Sec Cor con V Ist g 5s. '27
Distill of Ainer coll tr g 03. 1 9 1
1910
lU Steel Co deb 5s
Non.conv doben 5s
1913
Int Paper Co Ist con g 68.1918
Int St Pump lO-yr oouv. 6s '13
JCnicker Ice (Chic) Isl g5H.'2S
1923
Lackaw Steel 1st g 58
Nat Starch Mfg Co Istg 6s 1920
Nat Starch Co s f deb 5s.. IOl';'
Btan Rope cfc T Ist g6s... 1941
itliticeiliuieoiis
F-A
F-A
A-O
J.J
J-J
A-O
FA
J-J
A-O
A O
M.N
65 7g Sale
6538 Sale
96 Hi
93
95
107
100
65^8
65
10(i34
lol
93
92 '4
100 12
88
89 34
35
40
65
'4
99
99
92
J-J
FA
65
'
-J
Sep '03
Jan '99
Feb '04
1
0034
101
Feb '03
10034
101
89
J'ly '04
(i4
Aug'04
40
J'ly '04
H-
Income gold 58
1941)
1^8
1 W
23i,
1'h
8 Loath Co 8 f deb k6s.. 191 M-N 109^8 113 llOHi Aug'04
"U S Realty <fc I con v deb g 58 '24 J-J
82 Sale
82
Si's
U S Steel Corp col tr 2d 5s. rf'6;-> M.N 7838."^ale 7838 79H.
Registered
April 1963 M-N
783.1 Sale
783^
791,
*No price Friday; latest bid and asked, a Due Jan 6 Due Feb
V
25021
6I34 J'ly '04
30
5334
5734
61 Hi
65 '^6
6I34
68 H;
Adams Ex col tr g43
1948 M-S
AmDk<&Iinp5s SeeVoutl^J
Aiu SS Co ol W Va g 5s.
1920 .M.N
B'kl'u FerryCo Isl cous g os '48
Chic JCtSc St Yard col g5s.l915
UetM&Mldgr incomes.. 1911
lilSigloilHi Hoboken h<& I gold 5s. ..1910
Mad Sq Garden Ist g 5s. .1919
97 103
L gen g 48.. 1940
.Man Bch
92:18 101 1-2 Xewp Ne Ship <ft D D58t/1990
50-yr
1st g 48.. 1951
Dock
Y
87
90 1b N
i;4
St J oseph Stk Yds 1st 4 His. 1930
66
Cupples
Slat'n * Prop
Ter
35
47
St L
11-2
Co 1st g 4Hj3 5-20 year. .1917
10
4 14
1073^ 112 H: S Yuba Wat Co con g 6s.. 1923
"3
Sp Val Wat Works Ist 6s. 1906
80
83
6834 79«(. U S Red <fc Ref 1st s 1 g 68. 1931
135s
9'.i
92
H&
3
c
6834
102^8
100
Aug'O^
103
.
103
10034 J'no'02
. . .
F-A
64
100
SO
J-J
A-O
83
64
111
81
64
Mar'Ol
61
J'ly '04
76 Hj 83
663*
.M-N
M-N
M-N
50
Feb'O-.
96"'
Aug
J-J
FA
J.J
*
90>«
9834
89Hj 9II9
04
J-D
J-J
M-S
112
lOlHi.
112
J'ly '04
112
113H3 J'ly '0(1
79 Aug'03
79',
Due Mar d Dae Apr
/i.DaeJ°ly
fc
Due
.Aug o
Dae Oct p Due Nov
g
Due Deo
.s
Option saM.
.
AMG.
—
..
of Business at
TRANSACTIONS AT THE
DAILY.
Ming 19
S
Bonds
Bid
& Hudson Gas 100
Fort Wayne 68 1925.. J J
97
56
28
Indiana Nat & 111 Gas—
M-N
Ist 6s 1908
IndianapoUs (Jas stock 50
V S
Bonds
State
die
Bonds
(ias Securitie.s
1st 6s
M-N
1920
Jackson Gas Co
osg 1937
Kansas City Gas
Industrial and I>liscel
Col
Hock Coal<felpf 100
1st g 58 1917
J-J
Compressed Air Co... 100
jua
&
Ga8<& El Bergen Co. .100
Grand Rapids Gas
P-A 5101 103
Hist 5s 1915
76
100
77
Hudson Co Gas
Be« Stock Exch liet
58 g 1949
STOCK EXCHANGE
Railroad
723
Essex
WEEKLY AND YEARLY
I'ar value
Shares
1904
Stock Exchanges
NEW YORK
Stocks
Weeic ending
J
'
THE CHRONICLE.
20, 1904.J
Volume
—
42
5104I2
46
65
Consollrt
4
Car Heatiu_
lyCons Firew'ks
llPreferred
com
65
85
CO
14
60
.100
10(J
Ask
80
90
H
I4
66
IS
67
4
Cons Ry Ltg&Refrig.lOC
33.
Consol Rubber Tire. .100
1
Debenture 48
834
10
Cons Storage BatterylOU
10
ContTobac deb 78'05A-d 5101 12 02 '2
1
50
Cotton OilcfeFibre,pref.25 t
3
5
Cramps' Sh <fe En BldglOO
20
25
12
$2,500
100
512
llCrucible Steel
100
534
Monday
9812
97
A-O
DPreterred
3634 37 14
1|5sl922
100
Tuesday
100
95
Cuban 68 of 1896
9712. 100
HLaclede Gas
Wednesday.
75
100
13.000
100
11Diamou<l Match Co. 100 132
llPreferred
133
Thursday...
58
63
Dominion Securities. 100
Lafay'eGaalst6s'24.M.N
5
20
Friday
40
47
Electric Boat
Log<feWabVlst68'25.J-D
40
IOC;
43
$423,000 $15,500 Madison Gas 68 1926. A-O 5106 109
Prerferred
3,530,865 $329,274,650 $16,233,000
10(1
67
74
Total
Newark Gas 6s 1944. Q-J 5135 135 12 Electric Lead Reduc'n.50 t
1
7312 7412
llQ
Preferred
Consol Gas. .100
Newark
50 t
19
January
1
to Aug 19
ending
Aug
Week
Sales at
S-D 5108 108 '2 Electric Vehicle
1948
912^ 10
1ICong5s
100
Now York Stock
I4I2
Preferred
14
No Hudson L cfe Pow—
100
1903
1904
1903
1904
Exchange
A-O 4100 102
Electro-Pneum'icTranlO t
OS 1938
3
8
Empire Steel
512
IndCNatife lU .100
100
7
1IO&
70,933,041
4,281,205
109,502,734
3,530,866
40
Stocks— No. shares
47
J-D
Preferred
1st 6s 1926
34
100
40
$329,274,650 $407,614,950 $6,593,769,775 $10,247,083,550 Pat & Pas Gas & EleclOO
Par value
55
HGeneral Chemical ..100
49
55
$435,300
$10,000
$432,550
1031
Bank shares, par..
9312 97
llPreferred
100
H Cpng5s 1949.. ..M-S 4102
91
93
Gold HUl Copper
St Joseph Gas 5s 1937. J-J
11 7_
BONDS
9is
95
96
$499,080
$3,000
58'44M-S
12
Greene
15,500
$9,177,250
i
StPaulGas
Gen
Consol
Oopper.lO
14% 1412
bonds
Government
4,224,200
1,000
IOI2
423,000
362,600
Greene Consol Gold... 10 t
State bonds
408,128,700
10,430,800
434,139,600
HackensackMeadowslOO
16,233,000
10
14
BR. and mis. bonds
Teleitlione
TelesiKnick'b'ker Tr Co rect
10
15
89
92
Cable
100
Hackeusack
$412,851,980
HAmerTeleg*
Water
$10,434,800
$16,671,500
$443,679,450
Co—
bonds.
Total
100
Ref g 4s 52 op 12... J9212
Bell Teleph of BulTalo 100
592
106
Hal! Signal Co
10(
70
PHILADELPHIA 1TCentral& So Amer. 100 104
821a
DAILY TRANSACTIONS AT THE BOSTON
32
Havana Commercial. lOl
Clies<fc Poto Teleph. .100
8
15
EXCHANGES
J-J I0312 104
Preferred
15
58 1909-29
35
lot
180
Havana Tobacco Co..lO(
25
1] Commercial Cable ..100
27
Philadelphia
Boston
Preferred
Commer Un Tel (N Y).25 115
35
IOC
38
Week ending
Emp & Bay State Tel 100 78 82 Hecker-Jones-Jew'l Jlil
Aug 19
47
52
lOO
Franklin
1st
6s
104
1922
U-i-.
107
Bond
Listed
Unlisted
Unlisted
Bond
Listed
1904
'4!
1]Gold<fc Stock
100 118 121
HemiiK-Hall-MarvinlO(
sales
shares
sha/res
1
shares
sales
shareH
Ist preferred
30
40
114128, 1905
1 0(
82
90
2d preferred
2
6
100
2.400
3,678
$11,000
5,337
$10,000 Hud-son River Teleph 100
14,618
Saturday . .
Hoboken Liuid €fc IiuplOO 200
J Teleph. ..100 152 156
1,000
8.651
19,670
6,713
79.300 UN
25.018
Monday
53 1920 See Stock Ex Chang e list
1I5s 1910
M-N 4102 105
CLOSED.
15,822
3,868
..EXC
56,500
Tuesday
120
123
western
Teleg.
60
Houston Oil
HNorth
1
lOt)
24
56,000
8,037
7,997
13,090
16.300
22,585
Wednesday
78
82
19 12
Preferred
25
12
100
11,K56
9,913
24,000
20,822
25.900 Pacific <fc Atlantic
17.624
Thursday...
100
103
Atlantic
Hudson
90
HSouthern
&
25
Realty
100
107.000
11,779
16,073
6,684
17,100
19,292
Friday
Internat'lBankiugColOtl 142 'a
43.^
Int'n'l Merc Marine. 100
5
38,893
$205,100
90,814
99,137
42,683 $219,000
Electric Companies
Total.
181-j
Preferred
19
10(j
Chicago Edison Co... 100 145
Col tr deb 4 ial922op'0'i
60
75
~
16
International Salt.
18
HKingsCo El L&P Co 1 00 193 197
.IOC
92 12
90
61
Narragan (Prov) El Co 50
Ist g 5s 1951
55
46
International Silver. lOU
9
Securities
Q El L&PowColOO 42
80
82
Preferred
Preferred
35
100
100
A Weekly Review of Outside Market will be found on a preceding page. UnitedElectricof N JlOO 20
1st 6s 1948
J-D 4IOUJ2 IOII2
703* 713, Lanston Monotype
48 1949
J.D
20 t 9^ IOI4
Lawyers Mort Insur.lOO 180 190
Street Railways
Street Railways
Bid Ask
Bid Ask
Lawyers'
295 305
Title
Ins.
..lot]
Ferry Companies
4I4
NBW YORK CITY
3>2
Lake St (Chic) El stk. 100
Lord & Taylor pref ..10( 10
104
32
34
1st 5s 1928
J-J i 96
Bleeck Stcfe Ful K stk 100
4
Brooklyn Ferry stocklOO
HLoriilard (P) pref ...10( 115
94
97
HLouisv St53l930..J(feJ 1131. 114
111st inort 43 1950 ..J-J
26 "20 78
NY
Ist 63 1911.JJ^ 105
Mackav Companies ..lOt
245
Lynncfe Bos 1st 5s '24. J-D 112', II4I2
71
TIB'y & 7lli Aveslk ..100 240
Con 5s 1948 See Stock Exch list
Preferred
72
1(K
93.
107
NewOrl Kys Co
10
100
1I2dniort 5s 1914 ...J-J 104
80
10
E R Ferry atk. 100 75
Madison So Garden. .101
20
Preferred
29»2 31
100
Con 5s 1943 See Stock Exch Ust
89
90
60
5
1st 5s 1922
2d
M-N
Os 1919
M-N
41^8 1952
74
II2
J-J
76
B'way Sur£ Ist 5s gni 1924 no8 110
y<feHobcon 58 '46. J-D 107 108
Manhattan Transit
N
20 t
North Chic Str stock. 100
72
2d OS int as rental 1905 « 99'i2 101
Hob Fy Ist 5s 1946 M-N 5108 110 Mex Nat Construe. pf 100
8
350
Pub Serv Corp of N JlOO 95 100
IJCent'l Crosst'n stk. .100 330
N Y<fe N J 1st 5s 1946. J-J 4102 104 Monongahela R Coal..5U t
121
Tr ctls 2'!o to 6% perpet 51
40
IllstM 6s 1922 ...M-N
60
f
20
10th & 23d Sts Ferry 100
Preferred
50
stk.lOO 204 209
North Jersey St Ry 100
19
flOenPkN cfc
21
Ist mort 5s 1919. ..J-D 5 96
Mont<& Boston Consol .5 t 112
177 185
1st 4s 1948
M-N 721a 73 llUniou Ferry stock .100 29I2 31
iiC!hr't'r<fe 10th St stk 100
102 12
osier Sate Co
100
67 12
ConsTracof
J...100
67
Colifc 9th Ave OS See Stock Exch list
1Il8t58l920
M-N 88 89 HNat Enam & Stamp 100 15 "2 16
Ist 5s 1933
J-D 108 1^ 109
Dry D E B <fe B—
73
82
llPreferred
100
112
New'k Pas Ry 5s '30J-J ni3 114
lllst gold 5s 1932.. .J-D 110
National Surety
100 116
Railroad
Or & New 1 St 6s '05 A-O noo 101
llScrip 5s 1914 ....F.A
99>i2 101
42
46
UN ew Central Coal
20
Essex Paa 6s 1905 M-N «100 101
Chic Peo <& St L pref.100
U Kighth Avenue st. . 100 390 405
N Y Biscuit 6a 1911. M-S 106
F-A 105 106
Rapid Tran St Ry..lOO 245
Hacrip 6s 1914
312
Deposited stock...
NYMtge<fc Security. 100 115 126
405
let 5s 1921
A-O «109 110
1I42(I <& Gr St F'y stk. 100 390
9
10
Undepoaited stock
UNew York Dock ....100 16 20
50
70
42d btM & StNAv..lOO
J C Hob&PatersonlOO
17
50
Prior lien g 4 i28'30M<feS 106
109
42
llPreferred
100
flletmort 6s 1910 .M-S 104^2 107
4s K 1949
M-N 721-2 73
7-4
88
734
Con mtg g 58 1930. J<feJ
90
N Y Transportation.. .20
80
85
So J Gas El & Trac 100
ll2d income 6s 1915 J-J
90
91
24
3
Income 58 1930
28
I'B
NorAmLum'r&PulplOO
Interborough Rap Tr. 100 147 4 149
GugSs 1953
M-S noo 101
312
413
Chic R I <fc Pac— Ref g 4
TJOntario SUver
100
Lex Av & Pav F 6s See St k Exc list
No Hud Co Ry 68'14J-J
32
93
36
1934 op to 1911. ...A-O 4
Otis Elevator com
100
Metropol Securities See Stk E X list
58 1928
J-J iiw
92
86
96
Erieconv43Aprl'53A<feO 4 80
Preferred
100
Ext 5s 1924
Metropol Street Ry See Stk b; X list
M-N «104 105
11
13
N Y Cent deb 43 '34. M-N 99 99' Phoenix Mining
1
Ninth Avenue stock. 100 185 192
Pat City con 6s '31. J-D SI 22
Northern Pacific
Pittsburg Brewing
50 t 24 la 2434
100
Second Avenue stocklOO 205 .^09
2d 6s. ...1914 opt A-O uoo
135
When released
140
Preferred
60 t 44
111st mort 5s 1909 M-N
103 >a Rochester '.-ly
100 100 102
1334
Northern Securities.. ioo 101 12 102
14
Pittsburg Coal
100
2i»]
F-A ni2 114
ConsolSs 1048
Preferr.M
2
100
98 100 >o
58'* 58 14
Reduced
Preferred
100
176
Con 5s 1930 See Phila list
U Sixth Avenue stock 100 172
Pitta Bess & L E
37
99
Pratt & Whitu pref.. 100
50 t 34
2d 5s 1933
Sou Boulev 58 1945.. J-J no2 106
J-D {102-14 1051.
Preferred
77
Realty Assoc (Bklyn)lOW 130 135
50 t 74
So Fer Isi, 58 1919. ..A-O no5 108
So Side El (Chic) stk. 100
89 Hi 90
Seaboard Air Line—
109
Royal Bak Powd prof. 100 106
Third Avenue See Stock Excli Ust
Syracuse Rap Tr 5s 1946 102
91 12 92
CoUtr5sl907 op... M-S
63
ItusaeU & Erwin
26 t 01
P <fc 58 1928 103 106 Unit Rys(StLTrans) 100 11 14 V2.
Tarry
South Pac pref (w 1) .100 1131s II3I2 Safety Car Heat & Lt 100 184 187
YkersStRR us 1946A-0 104 107
Preferred
5,T
100
64
'8
29
Va<fc Southwestern. .100
32
Seminole Mining
'32
5t
28th <fc 29th St8 Ist 53 '96 nil
113^2
Gen 4s 1934
See Stk Exch list
27
Simp.son Crawford Co 100
Industrial and Misccl
UTweuty-Th'd St stk 100 390 400
UnitRysSanFran iieeStk Exch list
75
Deb s f 68 '-M op '05.. J-J
Deb 58 1906
J-J
96
99
Wash Ry & El Co.... 100 15
17
Alliance Realty
90 100
Singer Mfg Co
100 400 460
100
Union Ry 1st 58 1942 F-A 109 112
69 'f 70
Preferred
100
25
11
12
30
II A Uis-Chalmers
Standard Coupler com 10(
100
Westchest let 5s '43 J-J 102 106
83'-,
48 1951
J-D
8a •'8
llPreferred
48
110 126
60
Preferred
loo
lot
43 14
100
HAmer Bank Note Co. 50 54
6
H West Cliiciigo St
57
Standard Milling Co. lot
75'.
IJCong 5a 1936.. ..M-N 4 72
414
4'2
American Can com... 100
23
27
Preferred
BBOOKLYM
100
42 12 43
Preferred
7(i
74
5s
loo
Atlan Ave 5s 1909.. A.O J 102
9412 96
American Chicle Co.. 100
Standard Oil of
Gas
Secnrities
J..H)0 622 627
A-O 110
CouSsg 1931
84'-,
Preferred
86
Storage Power
lOO
60
NEW YORK
I4
Impt 53 See Stock Exc h list
Is
American Elevated...
Sjvif I & Co .Vee Boston sa k Exc ii'ge
E 58 1933. .A-O 100
BB&
Cent Union Gaa latos... il07 110
MaltingOs 1914. J-D 102 103
1.3t63 191t)-1914....J-J 5101 14 loiia
'^7i2 30
Brooklyn City stock... 10 234 236
Con Gas (N Y) stk. See St k Exc h li.st Amer Press Aasoc'n.lOO 90 100 Tennessee Coi)per
2iS t
Con 58 See Stock Kxcli list
Conv deb 6s ctfa .S'ecStk Exch list
Amer Shipbuilding. 100 I8I2 191-. HTexas ifc Pacihc Coal 100 76
90
Bklu Crosstn Ss 1908-J-J 102
EquitGascon5sl932 .See yik E X list
Preferred
81^8 83
1st 6s 1908
loo
A-O 5105 no
Bkn Hgts l8t58 1941 A-O 105 106 IIMutnal Gas
100 290 310
Am Soda Foun com. .100
2
4
Title Guar & Trust ...100 440
BkluQOocfcSub 6ee Stk Excli list
New Amsterdam Gas
Istprofened
67
iivr'
72
Title Ins CJo of N Y..100 136
100
Bklyu Kap Trau See Stk Excli Ust
Ist cousol 58 1948.. J-J 510712 108':
7is
2d preferred
11
14
8
Tonapali Min (Nevada). 1 1
loo
HUoueyls. &Bklyu ..100 330 350
N Y G EL HifcP 6ee Stock Exch list American surety
tJ
10
50 160 170
TrentouPolteriosoomKK
1st cons g 48 1948. -J-J 100 14 101
N Y & East River Gas—
Amer Tobacco com. 50 250 600
Preferred new
80
10(
Brk & N 58 1939.J-J 111 114
114
l8t58 1944
J-J 5112
138
1i Pref erred
loo 136
Trow Directory
05
75_
Gr St<fcNew Ist 58 '06 F-A 100
111
ConsolSs 1945
J-J 5108
Am Typefo'rs com... 100 29 32 Union Cop])er new.. 10(
!( \
Gr'pl&Loriraer St 1st 6s 102
N
Richmond Gas.lOO 35
Preferred
79
82
85
95
loo
Union Typewr com..lO(
Kings Co. Elevated—
iVor Un l8t 5s 1927. M-N 5104
J 07
Amor Writing Paper. 100
109
12
3
1 St preferred
1 0(
iHt 48 1949 See Stock Exch Ust
140
TJStandard Gas com ..100 130
Preferred
112
I214 1234
loo
2(1 preferred
]0(
^ lia
Nassau Elec prof
100
75
llProlerred
53 1919
1
100 156 17<)
73
74
Unit Boxboard& Pap. 100
J-J
68 1944
A-O llOi^ 112
83*
l8t 58 1930
M-N 5110 113 HUamoy&SmCar ...100
8
20
I'rcferred
lOt
l8t4s 1951
See St k Exc ll list
314
1
no 120 U S Cotton Duck
lot
1| Preferred
] 00
OTHER CITIES
N Wb'K <fa Flat l8t ex 4 ^a 101
20
BI18S Company com
160
60 130
S Envelope com. .. 10(1
Bteinway Ist 68 1922. J-J 5114 116
51'-.
50
70
OH
Amer Light <& Tract. 100
Prelerred
10(1
50 130 146
Ijl'rolerred
92
91
Bondcfe Mtg Guar. ...ioo 345
Preferred
100
360
U S HcaliyAlmp See St' k Kxch list
•'10
Bordon'H Cond Milk.. 100 Xll7 121
'
Bay State Gas
50
\
OTHER CITIES
U SShipbuildiii;; (Wi)...
9a
Preferred
«i
Binghamton Gaa 58 1938 4 96
lTef<rred{w i)
loo 110 112
Buftalo street Ry—
'i^
23
Camden Land
Brooklyn Union Gas dob
»16
6 ceitif.M
3 t
latconsol 58 1031.. F.A «112
II3I1
Celluloid Co
68 1909 conv '07.. .MS \m\ 181'
114
.'ioo 112
U SSteel(;orp new.'i.s -Sec Stk K X hat
ig
Dob 68 1917
108
10
A.O (il05 107
4
Cent Fireworks coniilOO
V?
Bull'alo City GaH stock 00
18
14
Col tr « I 68 '5 1 oiit '11 - 5
Chicago City Ry stk. 100 179 IHO
1st 68 1947 See Stock Exch liHt
Preferred
55
1 00
60
Coltrsf 58'51 not opt., 5107 lOSia
Chic UuionTr.ac A'eeSt'ck Exch Ust
7
list
11.
Central Foundry
Chicago Gas See N Y Stk Excl:
11,
Universal Fire Ext'r.HX
100
Cleveland Electr Ry.lOO
'^
1
70
Preferred
7
8
Universal Tobacco.. .10(1
100
727s Cincinnati Gaa <fe EleclOO 102 't
Columbus (O) StRy..lO0
6
Deb 68 1919 op 'OlM-N
2
100
503,
100
OIH. Conaol Gas of N J
64
I'lOferreil
Prolerroil
100 106
Century Realty
93
l8t 58 1936
J-J j89
115
WestclieHter A Bronx
100 106
Colum Ry con 58 See Ph ila list
150
CheHrlirongh MfgCo 100 400 440
Consiiniera' L
db Pow—
Titlr A- Mort Guar Co. 130
Cro8«l'wn l8t58'33.J-U
102
UCInMiiidl B) Istpref 100
6s 1938
.T-D 5101
90
96
Wi'ntingli Air IJrake..50 130'4
Grand Rapids Ry
100
334
UDetroit CltyGRM
50
4HI
II 2d preferred
90
95
White Klicih .Mining. 10
671a
100
Preferre<l
ererred
100
lOO
83
118
88
Elizabeth Gas Lt Co..
llComiiioii
llComnioii
Co. 10
00 200
WorlliniK rump pref. 100 I'"
91
97 V, Worllinig
100
4 Bayer pays accrued interest.
active
sliare.
riglits.
very
seoarltj,
Price
per
Sale
prioe.
Ex
xExdlv,
not
n
1
a
H selU on stock Exolutngo, but
313,505
848,853
605,863
583,502
683,454
495,688
Saturday ...
....
$29,236,200
77.312,650
58,348.300
55,971,700
63,910,400
44,495,300
$1,074,000
3.674,000
3,496.000
2,999.500
2,223,000
2,766,600
$5,000
64,000
104,000
97,500
111,000
41,500
A-O
81
4
98
102
16
M
H
&
5
AND
Y&N
•.!
HANGE
NY&
Outside
B&
1<
NY&
m7
ER
M
N
.
.
m2
W
M
N
W
Am
. .
. .
Y&
1
".J
'
1
'
.
m\
U
1
(
. 1
4.
.
21
BOSTON STOCK EXOH4NGE-Stock
Mhare Price* — Not
Hatiirda
Mondaii
Aug. 35
1/
Aun. 13
70»4
a7»4
•14',)
8)H
SI
9Ti
98
250
250
250
".J
•237
163
•170
•300
Tit^sdav
Aug. 16
•2:il
163
240
163
170
'300
...
•181
.
141
141
181
STOCKS
Friday
Aug. 19
l'\ursda
_!/
Aug 18
81 >a
81% 813.. 80'4
81
98>4 •ya
98
97>« 971*
248
2491a •248 260
15(112 150 '4 150 la 1603,
'236
•236
....
237
Id3i8 103 163
160
167
167
249
160
237
163
Zl67
300
142
Lastsal* 300
....
0/
Shares
1603i,
Boston
Boston
16234 Boston
167
Do
100
100
Elevated
100
<«; L.owell
100
100
A Maine
pref
100
<fe ProT-idenoelOO
iiref
&
ill
Albany
OlucJuuc
•282
236
137
•13ti
•4»
•81
137
454
*41>a 46>a
82 "a
•8mi...
•17^,
GH^
•9>«
•190
•16#
•?25
302
•74
•282
*i86
286
137
68'
101
18
18
677, 67»e
10<^ lOH
'191
191>s
'160
225
208
76
202
*^9\ 72
72
202
76
72
«ftd
30
30
•94
•5*
•«74
-Sale
180
•W«
••1
'iiA
»4'«
».«... 14»
14»*
ffe
78
4
18
18
76
99%
•98^
94V,
•91
112
9lia
14>4
76
•im
lis
78
78 "a
77
4
19
78
4
•17
4
•17
18
133>«134>f
131 131«i,
137'«138'4
•lUe ll>v
T«
78
112
.:146
•3>a
132»e 133»4
63
98St
14»a
•
13t>al3]Hi
1»7>2 138
96
95
•60
U8'a
•ilT
•8Vi
26;(
ItiS
'117
llSHj
•8>9
9
•534
6'.
2631a 2631a
164
42
163H.
41
42
83 ig
*177
131 ISlia
137 la 138
11
78
781a
im
124
•217
•8
101
220
217
•2
eOSa
303*
1218
59 'a
-80
••70
14
•14
9114
eiHi
•79
•90
80
100
218
218
501a
30*4
10213
•2
21a
106
60
loo's
60
3034
5834 6978
-•70
-80
15
92
80
100
'
92
80
100
92
•79
*90
1
1034
54
Ilia
8O34
12
12
1218
•JO'B
t
sag
8
•102
aia
10^
1
1
10 14 101,
53 >8 64
180
II2
•li»
123*4 124
219
-80
5^
263
165
427, 433,
831a 34
180
106>«107
12
12's
58^8 GO'S
••S?''!
43
S
8
101ial02'4
•2
2>s
106>3l06>2
•60
51
•30
31
14
•91
»79
•90
50,
263
166
1651a
lia
101
70
118<a
S'a
91a
123'* ia3>4
ti\
a-s
•117
83'4 84 V<
177'a 177'a
1>
124
4
131^183
•
5413
11
54
•75
12
Ilia
llHi
1
1
10^8
637e
ll-a
5508
11%
1134
12
Latt Sale
•11
•77
12
"a
•
934
-85
-25
1
'
25
25
••45
-60
50U
24»8
*7
•33
65"4
2^,
^45
500
'i^
•69
7
'7
-35
•36
3
"a
1038
1
^25
1034
•24 "a
251-..
7*3
"36
65
121a 13
51
50
2
7'9
•2^6
11*
14
4
14
11
25
500
24I4
600
24
24
24<4
7'a
713
5334
54'<4
•35
35
Latt Salt 10
•12'a
OO'a
l-*
1'4
1'*
l"*
1313
•3
••60
4%
4'J>4
4218
4'23^
3V
3
1468
•60
4^8
1
4>«
42
2
14
Latt Sale
Latt Sale
3'4
1
4I4
•4
42
42
•aia
14
14
S\
4 'a
4214
"3'a
•76
•75
*-7S
1
',
12 < 12 s
•04
60
2S
2S
•76
'•75
•121a
lie
131a
04 Hi 04 ^8
•244
•75
••75
84
84
•80
4<
•
4
95
•75
12>2
13
64
2518
25
1
•75
I
84
82
82
•80
•75
-76
134
•IHi
4'8
313
•92
95
Latl Sale
lis
1219
0313
64
26
l"*
3^
13
713
3
114
>a
4
95
13
64 >a
24'9 24 >a
•76
1
84
84
b
•80
"T'i lia
334
378
94
96
Latt Sale
Last Sale
77,
8
"22"4"22'»
•lO-ig
10^*
3!I3|,
3'J»K
2^4
2^4
8«e
8I4
7«8
7^6
'21 =''4" 22
1034
3908
2'8
SI*
80
80
••60
79
-76
'•50
1^
10-«4
3'->^<i
3
S"*
7918
^75
71a
70b
734
Latt Sale
"'ii%"iiK
21'l8
10 "a lOi-j
39 14 390g
2».
3
-lO-H
8
80
8
80
•60
^76
Jan 20
30
J'ly
J'ly
Jan 15 42 Feb 3
68 87>4May25 95 "a J'ly b
66 Jan 6 65 Jan 6
75
15
61
10
29
3914
•208
734
•80
64I4
•12'a
213^
1034
1^
•27,
•m
1313
7
BOO
814
-.i
Last Sale
71%Marl4
121a Apr 14
Jan 6
3 la Feb 4
17 Feb 27
16,224 1221a Feb 24
6
61
71
100
20
10 Mar2»
23 208 Marl 5
6 13 Jan 19
530
173 29934 Mar21
22iaJ'lyl8
26 Augl2
16 la J'ly 21
77 Augl7
6 Mar31
21 Marai
17
223
Jan
Jan
Jan
%Jan
9
Feb
2»
irev
66% Nov 86 14 Feb
8 Sep
7
Mai
J'ly 1
J'ly 13 197
878
Apr 14
102'* J'ly
8
22 la J'ly 18
25 Angi'2
JaulO 2 la Mar 2 9
601 96 Feb 8 113 J'nela
401 46i4Feb26 51 May 13
60 28 Jan 28 81 J'ly 22
6 >3 May 12
8 Jan 23
Jan 16 8334 J'ly 19
10*4 Feb 6 1914 Aug 8
40i3Jan
7834 J'ly iw
77
1,247
6,346
8% May 13
51»8Mayl3
60 Apr 1
6 la J'ne 3
127b J'ly 18
63
76
15
"a
Marl4 94
76
7534 J'ne'28
85
t90i«Aug » 100
a.'O
Feb 11
7
19
Mar
2
99
26
28
I84
91
Mju
34^ Jan
23% Dec
69 >a Feb
147, Feb
24
[
'60
190
6
3
1'4
Guanajuato Cousol..
300
108
lOU
250
(414
la
2
•50
6
•75
•25
7
2708-I'ly'^O
20
J'ly 15
J'ly •-0
Jan
Feb
Jan
Jan
Jan
2634
2934
6
Apr
53
Jan
Jan
Aug 111
31% Feb
16% Feb
96% May
18% Feb
57% Jan
Jau 80
Dec
Feb
Jau
16% J'ly
12\ Augl9
Apr 23 09
Feb s 12534
J'ly
3>4 Jan
3334 Oct
•39
_
•05
626
J'liti
Jan
37
10
32
39 78 Feb
Not 89% Jan
Mar
7 la Not 28 Jan
71 Oct 102 Feb
67 Oct 108 Feb
8O34 Oct 110 Jan
4934
Jan 14
Jau 21
Jan 16
J'ly
3b la Oct
27 Aug
7 Sep
7I»4 Oct
9 Oct
33 J'ly
10 Nov
J'ly 25
Aug 5
J'ly 19
J'ly
6% Dec
May 14 •55 J'ly 16 '40
6 4 J'ly 26
7 » J'ly 23
106 435 Jan 4 500 Aug 13 400
150
12
25
Granby Consolidated. 10
5
34
1
2
100
7
Jan
Jau
Mai
Feb
Feb
Jan
79>4 Jan
3 'a J'ly
37gFebl6
534 Jan
3 la Mar28
112'aJanl5 118 Aug 3 115 Oct 27 Jan
6I2N0V 62i4Jan
7i4J'nel3 12 May
390
360
513 Jan23
5% Oct
834 Jan
6% Apr 14
46 230 Feb 26 263'aAugl6 23 Dec 10 Feb
474 al61 J'ne2'.<i 178'aJan2-2 13S S«p 04 Feb
17,280 37% Mario 44 >4 Augib 30 J'ly 4334 Feb
2,272 77»4 Marl4 8414 Aug 16 74 14 J'ly 887, Feb
76 173 J'ne 2 185 Augl9 164 34 Augfa 90 Feb
ligOct
11, Apr 30
2iaJan
2 Jau25
208 118 Feb 23 127 Apr 16 121 Nov 1 39 Jan
9 Apr 24> Jan
Marl4 4 Jan 2b
1
500
Cons Mercur Gold... 5
25
Ang'04 Continental Zinc
54>2 Copper Range Con ColOO 4,156
'20
877
13 S Daly-West
466
100
50 Dominion Coal
Franklin
Jau
91% Oct
12 Sep
134%AuglO 107% Oct
365 122 >a Jan 5 13134 Aug 9 118 Aug
2,432 119 14 Feb 19 1397, Aug 9 114 'a Oct
634 Oct
150
9 Feb 19 12%Jan 6
501 681a Jan 19 79 Augl
C6 Oct
BostonConCi&G (rct8)£l
CaJumet & Uecla
26
Do pref
Elm River
"a
<-j
2,185
10
26
26
•-.i
42
6634 A»g 104 'a Jan
99 la Aug
169 86'«Mar
94 "a J'ly 18 83 Oct 95 Jan
160 MayI6 168 Apr^l xl62 Sep 178 Feb
56 89 Jan 4 93 ilarlb 87 la Aug 97 Feb
108 108 Jan 4 113i«Apr20 108 Sep 1.16 Feb
16'4J'ly27 i7'aFeb<:6 16 'a Not 26% Jan
37 'a J'ly 27 40'4J'lyl8 381* J'ly 62 Jau
145 Jan ~ 146 Jan " 144 Sep 15<> Jan
3,658
Sep
Api
Oct
Jan
18
8%Mar
75% Mar
1
1*
Feb
123, Max
31% Feb
6% Feb
95 Mar
14% Feb
Dec 89% Feb
Dec 90 Mar
J'ly 561
Max
•08
Feb
10
Feb
12
J'lj-
31% Feb
534 Sep
9%J'ly
678 J'ly 26 10 May^O
20 J'ly 16 •75 Jau 6 •35 Nov l*7aj Jan
lU%Sep 16 Mar
7 la Apr 6 12i4Apr 9
38 t'eb'23 58 'b J'ly 20 37 J'ly 75 Feb
1034 Aug 1 36
Jau ^ 31 Nov 48 la May
40 J'ue29 72 Jan 2 59 'a Oct 181 7, Jan
103 J'ly 6 113 Jan 21: 106 Oct 118% Feb
2 Oct
5 Mar
134J'ne-27
2<aJan 6
J ly 14 Feb
7
7 J'ne 2
9>4Jan 9
4 14 Apr 29
3»4 J 'ly
6% Apr
2 % Mar 1 s
62iaKebl5
8 Jan
2 Apr 8 •60 Dec
CaMayiil 14%Augl6
13 >4 Isle Royale (Copper). 26 1,371
3 Feb 25
478 Jan 1»
26
Ang'04 Mass CoDSOl
3^
•45
J'lj'i5 •87 la Jau 22
50
25
J'ly '04 Mayflower
4i«
3iaJ'i'elO
6 13 Jan 6
106
25
4-4 Michigan
497 34 "8 Feb 8 447eJ'ly20
25
li
42 Moliawk
2i« Janl9
Mayle
5
83*
414 Montana Coal <& Coke 25 2,430
100 •40 J'ly 5 82 Apr lb
Mont <& Boston otfs.. 5
•50
J'ne
Apr 2b
9
Colony
25
1%
&67
Old
J'iy'04
9>4Feb 9 1434 Apr 2
730
25
IS Old Dominion
Feb
Aug 2
8
444
53
66
25
64
Osceola
64
'a
466 2u»4 Feb 1 29 'a Feb 2
•24
26 ParrottCSllvA Copp) lo
•80
3 Jan 26
400 •60 Aug 9
26
Phoenix Consol
1
119 ao Feb -25 00 Jan 6
26
83
84 (4uincy
li4Apr 8
200 •50 May23
•80
•80
Rhode Island
26
l'8J'ne24
95
•14
134 Santa Fe(Qold 4 Cop) 10
21a J'ly 15
Jan lb
SiaAugrJ
914
14,850
Sliaunon
10
3"l6
20 Jau 19
79 85 Ma) 3
96"-^ Tamarack
25
95
•25
J'ne.'O 60 J'ly 13
25
50
J'ly '04 Tecumseh
25
33
J'ly '03 Tennessee....
8'8l'ly25
334 Mar25
25 1,530
7*!, Trinity
7%
Marli^
6 Mario
100
Mar'04 United Copper
Jan
4
23'aJ'ly2U
2II4
Mining
18
i',47-i
UnitedStatts
210k
8 'e J an 4 ll'hJ'lyl4
lOSg
235
1038 Unit States Coal <&Oil 25
30 Jan 2 3'J7gAugl^i
5 7, 1
3938
393^ Utah Con (Gold)
2'8J'nell
4 Apr 2^2
•208
235
Victoria
2o
3
Feb 23
25 1,573 6
81a J'ly 14
8'a Winona
60iaAugl9
162 69 Jon 6
25
SO"-; Wolverine
80<a
•50 Feb 23
li«Jan 4
25
70
Aug'04 Wyandot
1
8
Aug 12 39
40
2,647
J'ly '04 Cataipa (SUver)
•2334
2334 Centennial
7'e
77e Central Oil
39
83
Dec
Mai
May 180
Jan 21 1 7 Nov 37 34
Augl9 80 14 Jan 27 75 Dec 96
50
5 Apr 26 14 Jan 11
80, Not 28 %Apr
77 1851a May26 196 Jan V il8«'aMa) t225 Jan
2 160 J'ly 5 1631a Apr 7 161 14 Dec 173 'aMaj
J22 Jan 29 232 Apr2l 220 Sep i32 Mai
81 198 J'ne] 3 •<!07 Apr 21 196 Auglil2 laFefc
74 J'ly 20 BO'S Feb 1 74 J'ly
Ma]
145 68 Marl7 76 Jan 13 68 8ep
Jan
J'ne 7 176
Angl9 24
170
4,767
1,933
25
Bingham Con MinAS 50
Bonanza (Dev Co)... 10
25
SO"-.
*2'4
•7
•278
3
Oct
Mining
Adventure Con
26
108
7'a
3
2
71a
25
75
42
Apr JO 173 la
Janl!?
3
36 L 75 Aug 3
26
25 5,621 d3»i6Mar S 1134Augl9
CopperlOO 19,021 43 Feb 8 55-'4 Auglb
75 Mar21
Mar 15
1
Mar'04 Amer Gold Dredging 5
8 Feb 23 1234 Aug 19
1234 Am Zinc Lead & Sm. 25 1,245
16%
Feb
Jan
12
24
1978
25
J'ly '04 Anaconda
270 •'25 Feb 2
114 J'ly 25
Arcadian
25
•20
35
J'ly
26
J'1j'2d
100
Arnold
25
1
123< Atlantic
»
Aug 12
Aug 18
24i4Jan 2 46
73 Jan 27 83
1134 Allouez
6534 Amalgamated
ll'a
Latt Sale 09
71*
7'4
•35
•SS
2'e
71*
1
12
11
25
600
631a 6414
12'a 1208
61
61
4
•7a
Latt Sale 18^
••80
1
•20 •25
108
2>fl
5409
••40
••40
•50
•SO
6I4
etg
6«8
6>a
600
54
55^2
•4
42 >«
6h
600
24 14 24 14
24\
•18l9
13''e
•26
25
13
13
•49
50
10 7 "2 109
•7
•80
•45
1^
6 "a
480
1
-25
11
25
9'8
93,
133
,
1
1
10«g
6336
137 Fltchborg pref
100
An|'04 Qa By<fc Kloctrlc....loo
Do pref
100
Lait Salt 43
Mar'03 Houston El'trlo 00m. 100
Last Sale 273 'a J'ly '04 Maine Central
100
lei* Mass EleotnoCos
1534 17
15
100
63
64\ 61
63
Do pref
100
•lOVj Ilia •11»4
12
Mexloan Central
100
191 "a 191 "a Ifll
191 12 N
H
<fe Hart. ...100
162 -a 162 -a •160
Northern N H
100
Latt Sale 337
Auk' 04 Norwich & Wor pref 1 00
204 204
2031a 203 S Old Colony
100
LaitSaU 74
J'ly '04 Pere Marquette
100
72
72
72
72
Do pref
100
•29
•29
32
32
Rutland pref
100
LaMtSal* IS\ Oct '03 Savannah Elec oom..lOO
LattSale 43
Feb '04 SeatUe Electric
100
95
96
96
95
Do pref
100
LattSal* 65
Jan '04 Terre Haute Kleo
100
9813
9S7, 99 la
98', Onion Pacific
100
94>« 94S)
94
94 >4
Do pref
100
LattSale 165
J'ly '04 Vermont* Mass. ...100
• 1'4 9113
West End St
50
112 112
Do pref
50
Latt Salt 767, Aiig'04 Wisconsin Central... 100
LattSale 37', Auf'04
Do pref
100
145 145
146
149 Wore Nash <fe Roch..l00
miscellaneous
14
Amer Agricoi Chem.lOO
•76
100
Do pref
414 Amer Pneu Serv
50
4V •4
•17
1813
la's
Do pref
50
\8^
131 1323^ 12913 1311a Amer Sugar Refln
100
ISlif 131% 131
13ia»
Do pref
100
137 «3 13837 137-3 1387, Amer Telep & Teleg.lOO
•ll",
•IIH 12
ll'a Amer Woolen
100
78^4 7334
79
Do pref
100
781a
Latt Salt S'a
J'ne'04 Boston Land
10
Latt Salt 118
Aug'04 Cumberl Telep & Tel 100
8»8
9'2 Dominion Iron <S? St..
8\ 834
•Sia
•513
6»4
534 East Boston Land
263 263
262
263 Edison Elec Ilium.. .100
165 1651a 1647, 166 General Electric
100
43«8 4414
43
44 Mass'ohnsettsQasCoslOO
83»4 84
837,
83 'e
Do uref
100
181 182
185
186 Mergenthaler Lino.. 100
Latt Sal I'*
Ang'04 Mexican Telephone.. .'0
12334 124
l!i334
12334 N E Telephone
lOo
Latt Sal* 1
AQg'04 PlantCom t'st stk comlOO
Latt Salt 10
Do pref
Aug'04
100
Co
100
*8" 2189 * "s'li 217 's Pullman
8'e Reeoe Button-Hole.. 10
102 102
102
102 Swift & Co
100
Latt Sale 3^ la J'ly '04 Torrington Class A.. 26
Latt Sale iS
Do pref
26
Ang'04
Latt Sale
J'ne'04 Union Cop L'd <fc Mg. 25
106 106
100
1051a 105 la United Fruit
60
60
60
60 United Shoe Maoh... 25
3012
30 '&
3OI4
Do pref
25
Latt Sale 7'*
100
J'ly '04 US Leather
Latt Sale SJ(% J'ly '04
Do pref
100
Latt Sale 19\t Aug'04 U S Rubber
100
Latt Salt 757, Aug'04
Do pref
100
12
12 la
100
12
12 U S Steel Corp
593,
69
58»8
Do pref
100
59
Latt Sale 60
25
Aug'04 WestEndLand
15
^^'^
14 >4 West Telep <fe Teleg.lOO
92
Do pref
100
"
92
Latt Sale 80
Aug'04 Westing El & Mfg.. . 60
Latt Sale 9334 Aug'04
Do pret
50
83
YN
...
...
302 >a 202 la
•74
76
71'i 72
•29 ....
.146
««\
III4
19113
191
01
112
91
111
iia
t3>«
•lO"*
'160
'226
136
83
83
HigKttt
Marl4 82i8An?16 54 14 Aag 89 7, Jan
984 Aug] 6 86 Aug 103 >«Jan
261 Apr25 244 J'ne 262 la Feb
162 13 J'ly -26 134 Aae 154 Jan
240 Apr 23 230 Aug 250 Apr
169iaJ'lyl3 161 J'ne lI'JS Jan
171 Jan 13 170 J'lH 177 Apr
301 Apr23 290 J'ly iOj Mai
146 Jan 20 133 Sep
7
Jan
1 24 la Jan 1!
110 Nov 125 Jau
J'uel4 IMHiMayli 1H4 Nov 196 >aMai
Apr 6 162 la Jan 4 160 Jau 170 Mai
Jan 25 285 J'nelo ;7o Aug .'86 Feb
""
J'ne 6 141 Apr 7 131 J'ly
143 a Feb
160
276
LattSalt 45
18
67
17
66
137
137
•44>a 45i«
•811a...
•94
96
•50
63
98 >« 99 >u
93'i» 94>«
t»
63
285
137
Lowest
138 88 Jan 7
49 23934 J'ne 7
746 2137 Feb 6
6 230 Marll
134 158 Aug 3
26 166 Apr 16
296 Feb24
190 138 J'nel6
110 ril6iaJ'nel5
<fc
•282
/Yeviou
lor
Year (1903)
Highest
Lowest
Uailroada
Si's Atoh Tup <% Santa FelOO 8,979 64
Ry<fc D 8 YlOO
Do pref
100
181H Aug04 Con* Mont Class 4.. 100
LailSale 103
Aug'04 Conn Pass Riv pref 100
LattSali
J"iy04 Connecticut River... 100
Last
'181
1904
the
Week
KXCHANQK
93 ii
Do
260 Boston
Kange
Jiange lor Year
Sales
BOSTON STOCK
Ang'04 Boston
141
142 H, •140'al41'2
122 1*123
Weekly and Yearly
Record, Daily,
Cnntuin I'ricen
Wednesday
Aug. 17
82'«
aSHj
250
14912 160
150
'240
163
I'er
5
6'«J'ly
3
•50
J'ly
Dec
43. l)ec
31
J'ly
2
Nov
•65
•60
Nov
J'ne
Oct
43 19 J'ly
16 J'ly
27,
80
Dec
17 %
13
Feb
Feb
2% Jan
11% Feb
68
Feb
Mar
2% Jan
2 % Feb
23 % Feb
8
79
34
Feb
Feb
7% Feb
Oct 126%*'eb
4 Feb
Nov
J'ly
Dt-Mi
J'ly
Nov
3 Jan
14^8 Apr
190
li'ie
Feb
Feb
1734
3334
Mar
14
Feb
16i4J'iy
3134 Jan
2714 Feb
Jan
4i4Jly
4 Dec
8
22
Dec
Jan
Dec
6iuJly
1 la
61
75
J'ly
Oct
17 Mar
33% May
9
1434
77
27;
Feb
Mar
Mar
Mar
kBe(orepay'totaMess't80alledlnl903. dBeforepay'tofassess'ts called in 1904. •Bidandasked. ^'Newstook. fAss'tpaid. tBx-rlghta. aSx-dtr. A rights j
H
U
Au«.
3
6
BOND!?:
BOSTON STOCK EXCH'GE
"WEEK ENDING AUGUST
19
Price
Week's
fYiAav
Range or
Aug
Last Sale
19
&
Nebraska
Atcli Top & S Fe gen S fs- 19^^
J'ly 1995
Adjttsftnent g 48
Boston El^ct Light 1st 6s. 1908
Consol 5s
l-Jf*
1907
Boston* LoweU 4s
1944
Boston* Maine 4 Hzs
Improvement 4s....-...l9 ou
Mon 3(1 issue 7s... 1904
Bost
Boston Terminal 1st S^js. 1947
1918
Bur & Mo Riv ex 68
1918
Non-exempt 6s
1910
Sinking fund 48
Butte & Boston 1st 6s. ...1917
Cedar Bap & Mo B 1st 78.1916
19"^
2d 78
.
&
Cent Vermt let g4s..Mayl920
Chic Burl cfe Q extend 48.1905
1919
Iowa Dir 1st 53
1919
IO'TADiv let 48
1913
Debenture 5s
1922
Denver Bxten 43
1927
Nebraska Exten 4s
1921
SWsf 48
1949
lUinols Div 3 ><2S
Joint bonds See Gt Northern
Chic Jc Ry & Stk Yds 58 .1915
Coll trust refunding g 4sl940
Ch Mil A St P Dub D 6s.. 1920
Ch M <fc St P Wi8 V div 6sl920
Chic <fe No Mich l8t gu 58.1931
Mich gen 5s.... 1921
Chic <fe
Concord & Mont cons 4s. .1920
Conn <ft Pass R Ist g 48. ..1943
1927
Current River 1st 58
1st 48... 1946
DetGr Rap*
1913
Dominion Coal 1st 68
1906
Eastern 1st gold 68
1916
Fitchburg 4s
1927
4s
B&
W
A-O
Nov
M-S
M.S
99%
99^2
OB'S
113
101 h Sale
94^2
Since
January
"2
V;
5
i)lU 112
Feb '03
110
117
99^8 Jan '02
101 Mar'03
112'2Jan'03
112»8Apr'04
101 Apr'04
F-A
M-N
F-A
112
973^
8SI4
99
A-0
M-N
12s
Feb'04
128
J-D
Q-F
11714 Feb'()3
J-J
A-O
A-O
M-N
9934
F-A
M-N
M-S
J-J
107
J-J
A-O
J-J
J-J
...
9719
98'2
125>a.125'ii...
M-N 104
J-D 10734
...
--.
110
Kan C & M
1934 M-S
117
Ry & Br 1 St 6sl929
.\-o
10334 Ang'04
J-J
J-J
Maine Cent cons 1st 78... 1912
1912
Cons 1st 4s
Mara Hough <fe Ont 1st 68.1925
Mexican Central cons 4s.. 1911
Jan 1939
IstconsincSs
Jan 1939
Jd cons inc 3s
Mich Telep cons 58 tr rec.1929
Elec
con
Gen
Minne
g 5s 1929
1929
New Eng Cot Yarn 5s
A-O
A-O
A-O
106^8 107
107 May'04
10034 10134 101
101
1 20 14 Apr'04
102 J'ne'03
KanCStJo&C B Ist 78.. 1907
LR&FtSmldgr lst78...1905
9^34
128
107 '4 10734
98 Ang'()4
105% 10734
1251a J'ly '04
1231a Apr'04
104
1041a
12434 125 I2
1231a 124 12
100 1041a
1051a 10734
Note— Buyer pays accrued interest in addition to the
New Eng Teleph
lOOialOlia
95
98
1061a 109
104 104»8
1021a 103
137
137
15
1371a
137
90
9816
9038 961a
purchase price
Philadelphia and Baltimore Stock
for all
Monday
79% 79%
10
19
Tuesday
Aug. 16
Aug. 15
79 'b 80
83 Hi 83 '8
IBS
ICa
193,
20^4
11
2114
8H1
79% 79%
*83'4
11
21
*8
Wednesday
Aug. 17
11
7914
8334
III4
21%
211a ?1'
84
...
79Hi
833^
8I4
8I4
Aug. 18
22
•8
79%
11%
22%
8%
MS
J-J
'1%
J-J
F-A
A-O
A-O
A-O
A-O
"
No
96 Hi
10034
,
6^8
Range
7",
102H!l02Hj
93 la 97 H»
102 102
10-2
103
10218 104 14
lOli^lOaHj
10034 101%
104 14 IO4I4
IOIH2IOIHJ
12012 121
lOSislOSHi
Mar'02
Apr'04
02
103 ><
92
100
10:!
Feb '03
102^8 Apr '04
10134 J'ly '04
lOO^s 103
94 1013^
107
IOOH2II3
107
7 2 14
71% 72I4
102 102»4
105 "sloe's
May'04
102 J'ly '04
105 1« May'04
10234
Apr '03
102 Hi J'ly '(i4
102
1021.
87 14 J'ly '01
11208 Apr'04
1[
10134 102
Hi
98H2IO2I4
112*8 112
Trust Co.
ctfs.
Weekly, Yearly
Range
for Previous
Year (1 90S)
tor Year
1904
Week
Stocks see below)
Shares
Baltimore
»79
79% ConsoUdated Gas
83% 84 Northern Central
13
10138
10034
and asked.
Daily,
the
70Hj
I6I4
581s
104 14 J'ne'04
101i2J'ne'04
121 J'ly '04
103 Is Aug'04
102
92
103
107
118
118
23
951^
10034
95Hj
90
104
108 1«
101
101»4
12014 122
61
951a
High,
97
9^
128'«
100
110
122
97
108
117
92
81
108
107
'b
101%Sala 10138
latest bid
Sales
0/
128
Jan '04
Aug'04
103 Apr'04
106 Is Mar'03
FA
;
9334
102
103
J-J
J-J
F-A
J-D
price Friday
(For Bonds and Inactive
lYiday
Aug. 19
94
MS
Boston Bonds.
96
Aug'04
6^8 May'04
75 J'ne'03
102 la Ang'04
1
68.. .1919
f
Low
-Vo
May'04
118
60
61
60>4
J'ly
J-J 10314.
Rutland 1st con gen 4ias.l941 J-J
Rutland-Canadian Ist 4sl949 J-J
85
93
Savannah Elec 1st cons 58.1 952 J-J
1930 FA 10234 104
Seattle Elec 1st g 5s
1918 M-S
Torrington 1st g 58
Union Pac RR<felgrg4s.l947 J-J
1911 M-N
1st lien conv 48
United Fruit conr gen 5s. 1911 M-S 107
M-N
10-60
yr
58.1963
Steel
Corp
US
1915 F-A
West End Street Ry 48
1914
Gold4ias
1916 M-N
Gold debenture 4s
1917 FA
Gold 4s
Western Teleph & Tel 5s. 1932 J-J 102 Sale
Wisconsin Cent Ist gen 4sl949 J-J
Wisconsin Valley 1st 78..19t)9 J-J
1st 8
ACTIVE STOCKS
Thursda/^
7914
»83H2
1134
Repub VaUey
M-N
Exchanges— Stock Record,
Share Price«—Not Per Centum Prices
Saturday
Axtg. Id
1906
1907
1908
1915
1905
Ist
78
Eng
Y<fe
N
N
1905
1st 6s
,
1924
gold
48
Colony
Old
Oreg By & Nav con g 43.. 1946
1922
Oreg Sh Line Ist g 6s
6s
6s ....:.
6s
58
98I3
97
J-D
<fe
Assented income 5s
9812 9812
9018 94
MS
High
J'ly '04
97
I
Since
January 1
05 (?
A-O
A-O
78
81
99 la 100
W
Ask Low
Range
or
laFaUs&SionxC Ist 78. .1917
Kan C CUncfe Spr l9t 58. ..1925
Kan C Ft S Gulf 1st 7s.. 1908
Kan C Ft Scott <& M 68.... 1928
1934
KanCM& B gen 4s
100>4lOU'4
104 105
9914 100
Ang'04
109 14 Mar'02
J-D
II214 Jan '03
A-O
101 Apr'04
A-O
98'2 98 Aug'04
A-O
MS 106 108 1061a Aug'04
M-S 103>a--- 104 J'ly '04
102 la Apr'04
IIII4 May' 02
M-S
A-O
I8712
1371a Ang'04
irremtElk&MoVl8t68..1933
1^7 Feb'04
1933 A-O 13712
Unstamped Ist 68
971.
9634
Qt Nor C B <fe Q coll tr 4s 1921 J-J
961a 97
J'ly '04
1921 Q-J
Registered 4s
deben 5s
1910 J-J
Non-con veitde ben 58. ..1913 A-O
Range
99 J'ly '04
128i«J'ne'04
127
97 4 J'ly '04
108 ...
109 J'ly '04
121ial22ia 122
122
95 Ang'04
941a..-.
90
90
91
90
80 J'ly '04
100 Apr'04
107 Jan '04
100 14 Feb '04
105 J'ne'04
100 J'ne'u4
106 "4 Dec '02
9Si2Mar'04
94
94
10734
Week's
Last Sale
Bid
97 14
113
102
112
101
9934 J'ly '04
100 J'ne'Ol
Price
Friday
Aug 19
Illinois Steel
y§34
97»8l02O8
87
95 14
110 Feb '04
104»2Apr'00
117 Feb '04
J-J
1
Low High
JSo
99
IOII2 101 K;
96>4 Aug'04
J-I)
J-J
J-J
J-J
S)9-V
97 >4 Sale
BONUS
BOSTON STOCK EXCH'GE
Week endino August 19
Range
High
Ask how
Bid
48... .1908 J-J
Am BeU Telephone
43.1929 J-J
Am Telep & Tol coU1sttr78..
1908 MS
Atch
725
Boston Bond Becord.
20, 1904.1
100
50
100
11% 11% Seaboard Air Line
Do iiret
100
21% 21%
8 14 United Ry & Electric. 50
Lowest
758 57% Jan 5
118 71 J'ne 2
5,453
1,996
lO'J
Augll
Apr 12
80
92
12%Augl2
22%Augl8
7 J'ue21
1334 J'ne21
534 J'ne
Highest
Highest
1
58 Hi Dec 72% Jan
84 % Oct 118 Jan
10-4 l>ec
20
Oct
838
Jan 26
8
Oct
4934
Aug! 5
4934
2«i4
Jan
Jan
14% Jan
45
Pliilndelpliia
<9\t
19»4
414
9»ie
2734
•7»'4
4934
491.
1934
4
2734
41*
4
8
8
Is
28
*79
*49
20
41*
8
9%
9%
9Sj,
8«
87 H> S7H
493,
19 '» 197b
28
60
20
414
8
9%
10
10
2934
3134
•49
50
19% 19%
414
•12T8
8
8
8
914
9%
9%
10
8
8
9I4
31
31
7914
79 14
79 Hj 79Hi
39%
3914
39%
38% 39
61%
39%
613.
6II4
613<
393.
61%
27%
»4134
•35Hi
6B16
*12%
21
279ie
42
42 H
36
6%
131.
273,
423g
36 k,
54
54
87 Hi 87H!
»35Hj
64
541s
87 H» 8734
VHIl.cADELJ'HIA
6«16
13
*12% 13%
27%
273i627liie
426i« 426i9
*35H2 36Hi
3534 3612
54
54
87 Hj 873.
Bid
10
50
50
Cambria Iron
50
Central Coal <ft Coke. 100
Preferred
100
Oonsol Trao Pitts
50
Preferred
50
Danville Bessemer. ..1%
Amer IroR & Sto«l
BeU Telephone
7
Keystone Telephone ..50
Preferred
50
<fe
Steel.
Preferred
100
Phlla Co (Pitts) pref... 60
German A Noni8.50
Phlla Traction
60
Bailways General
10
&
Tidewater Steel
9%
9%
30
80
80
11
Ok & G gen 58 '19 J-J
Col St Ry 1st con 6s 1932
Steel. .9
10
10
& Peo Tr stk tr ctfs
Elm A WU Ist 6s '10. J-J
Eq U Qas-L Ist g 6s 1928
H A B Top con 58 '26 A-O
Elec
17% 18%
10%
59%
62%
5034
2
We.HtmorelBnd yoal...60
61
63
2%
102%
Indianapolis Ry 48.1933
Interstate Rys—
3-8%-48 1943
Lehigh Nav 4%8 '14. Q-J
RRs 48 g
1914. Q-F
Gen M4%8g. 1924. Q-F
Leh V O 1st 6s g '33. .J-J
Leh ext 48 Ist 1948. J-D
2d 78 1910
M-S
Consol 6s 1923
J-D
Annuity 68
J-D
Leh V Trac 1st 48 '29. J-D
Nat Asphalt 5s rects.
New Con Gas 58 1948 J-D
Newark Pass con 68 1930
FA
V
Income 48 1989. ..M-N
MN
3934
67ie
40
6%
•12% 13%
27% 28%
42% 42%
35% 35%
•54
64%
88% 89%
23
50
100
50
Philadelp'a Co (Pittsb) 50
Philadelphia Electric. 25
Phila Rapid Transit ... 50
Reading
60
Do 1st pref
50
Do Sdprel
50
Union Tracton
50
United Gas Impt
50
Welsbach Co
100
Ask
Bid
92%
115
108%
111%
100% 101
1083^
107%
105
84
85
3%
102'
109
111
112
IIII4
i2i34
63
108%
H,
91
1(13
'.>2%
Bid and askad prices; no snies on this day.
||
I^owest
M
AAO
M
W
U Trac
Ind gen 58' 19. J.J
U Trac Pit gen 5s '97 J-J
Welsbach s t us 1930. J-D
1,152
1,450
1,730
457
30
591
',931
Inactive ^<tocks
Atlanta A Charlotte. 100
Atlan Coast Line RR 100
Atlau CoaatL (Conn)lOO
Canton Co
100
Georgia Sou A Pla...lOO
lat pref
100
2d pref
100
G-B-S Brewing
100
Mt Vernon Cot Duck
Unit Elec
pref .60
11034
4ii6 Jan 25
Jan 6 115% Jan 21
8
19% Marl 4 28% Augiy
Mar 1 42% AuglO
Marl4 36% J'ly 12
45'4 Jan 2 54% J'ly 15
81 Mayie 8934 Jan 22
38
28
22
22
J'nelS
Ask
J'nel8
%Dec 4934 Jan
7h6 0ct 10% Jan
Dec 1 1 Dec
Nov 36 J'ly
Aug 7934 Feb
84% Nov 45% Jan
l%Sep
4 Jan
553gNov 7834 Jan
35 Oct 4734 Feb
9 Jan
5 Aug
734 Dec 17% Jan
1834 Nov 34iiieJan
36 Sep 4411J6 Feb
2734 Nov 40% Jan
40% Sep 4734 Feb
10
19
64
76
20
Oct 116%Jan
Auej 31 Mar
BALTIMOKE
Bid
127
(;ity& Sub(Was)lst6s'48
Col AQrnv Ist6s.l916 J-J
128
120%
Consol Gas 68.. .1910 J-D
1939 J-D
5s
Ga A Ala Ist con 6s '45 J-J
Ga Car A N 1 st 58 g '29 J-J
Georgia P 1st 68. ..'22 J-J
GaSo A Fla Ist 5s 1945 J-J
G-B-S Brew 3-48 1961M-S
2d income 5s 1951 M-N
Kuoxv Trac Ist 53 '23A-0
LakeR El Ist gu58'42M-S
MetSt(Wa8li)l8t58'26FA
Mt Ver Cot Duck 1st 5s.
112Hi
106
105
124%
102%
110
971,
115
98
Incomes
150
NptNAOPl8t5s'38M.N
120% i2i
245
90
40
General 58.. ..1941 M-S
Norfolk St l8t 68 '44-. J-J
250
95%
95
45
97
64
77
North Cent4%8 1925 A-O
J-J
68 1904
6%
634
234
8
35% 37
A
68 1926. -..J-J
58 1926.... J-J
Pitt Un Trao 68 1997. J-J
Poto Val Isl 6s 1941. -J-J
Sec A v T(PttU) 6s '34 J-D
Sav Fla A West 68 '34 A-O
Series
Series
B
Atl Coaflt L(Ct)ctf 8 68 J-D
Ctfs of tndobt 48
J-J
Bait C Pass l8l 5s '11 M.N
Bait Fundg 6s. 1916 M-N
10034 107
118 119
J-D
Income 48 1949
Va Mid lat 08 1906. .M-S
1
930 J-J
101
t^lS paid,
t
%
2 d serlos 68
120%
102 Hi
116
Kunil<l<<lit2-3sl9!M..I-J
(,' con lis IIM 4 J-J
Wral
1
MS
U4
113
11934
M
9 1 1 . . . -S
3d series 68 191(5..M-8
4th aer 3-4-6» 1921.
6tli aeri<'« 5s 192(1. M.S
Va (State) 38 nnw '32. .U
108
112
M-N 101%
Ryoon6sl932 M-N 114
H Bz-rtctlU.
Seaboard A L48 1950A-O
102
A Roan 5» 1920. J-J
Hound Ist 6».. A-O
117 1'20
U El LAP lst4%s'29 M-N
El l8t 4s '49 M-S
Un
HyA
91% 92%
58.'0(>
Ext A Imp 58.1932 M H
Chas (Mty Ry Ist 5a '23 J-J
Ask
65
101% 101% Chas Ry G A El 5s '99 M-S 83
06% 66% CharlCAAext58.'09 J-J 113
1910A-O 110
116
2d 78
City A Sub Ist 5s.. '22 J-D 113% 114
103%
Seat)
8(iuth
Cent'l
m ex-dinrtend.
39%Augl6
Deo 52 % Jan
17% Nov 2634 Jan
%Nov 9«i6 Jan
100% 107%
100% 100%
Convertible
:i
t4%J'lyl8
t8%J'lyl8
9% Augll
13% Feb 8
38% Feb 6
81%J'ne21
Anacostia A Pot 5s
Atl A Ch Ist 7... 1907 J-J
Atlan C L RR481952M-S
Refunding 3%8 1952J-J
BaltAPlstdsuil'll A-O
Bait Trac Ist 58. .'29 M.N
No Bait D1v6h 1942 J-I)
1
21% Jan 23
56%Marl2 62 Aug 19
37% May 17 43 Jan 22
6 May 2 6 69i6Janl3
BAI.TI1H<»RE
Exchaiigo 3 %8
onsol 68 r 1919. ..Var
MS
,113
,407
Bonds
Penn A Md Steel con 68 111
Pa
Can 78 'OO.J-D J 06 %
Con 5s 1939
A-O 114
993,
(;ou 4s 1939
A-O
Penn Steel Ist 58 '17 M-N
People's Tr tr cert* 48 '43 102 Hi
PCi)l«tAcoltr6H'49
M
M
LAP
143%
ANY
60
4
A
.
51%
25 43 J'ne 3
842 18%May25
757
% May 13
390
138Mayl3
885
734 Feb 8
236
5% J'ly 15
,177 20 AuglO
181 62% Jan 14
,567 3334 Feb 26
340
2% Mar 3
Bid
Phil Elec gold trust ctfs.
Trust certits 48
P E gen 5 g '20.A-O
Gen
48 g 1920..
Ph A Read 2d 5s '33. A.O
Con
78 1911
J.D
ConM 68 g 1911.... J-D
Ex Imp 48 g '47. A.O
Con
of '82 4s '37.JJ
Terminal 68 g 1941. Q-P
P
A B col tr 48 '21. J-J
Rochester Ry con 58 1930
8 R E Side 48 inlerun ctfs
M
110
IJO
No Penn Ist 48 '36..
98% 99
M.S
1
Deben 6s 1905
1%
34
Penn gen 68 r 1910. .Var 1^
%
1
8onsol 68
1006. ..Var 102
1%
3
100
pref.t
Electric Co of America 10
interim ctfs..
interim ctfs..
Lenigh Coal <fc Nav
50
38% 38 -e Lehigh VaUey
3% 3% MarsdenCo
61% 62 Pennsylvania RR
76% 80
44
44% NYPhANol8t48'39J-J 101
United N J RR & C..100 266
Unit Pow <fe Trans
25
United Trac Pitts
60
Preferred
50
48
Warwick Iron A Steel. 10
West Jersey A SeaSh.60
Ist 5s. '33
E& AlstM 58 1920 M-N
Railways.... 50
Gen Asphalt
Do pref
CTi
North Pennsylvania.. 50
Penn Gas Coal
60
Pennsylvania Halt
60
Pennsylvania Steel. .100
*
1st 5s 1926- J-D
Che & D Can Ist 5s '16 J-J
Choc A Me l8t 58 1949 J-J
60
Lit Brothers
10
Little Schuylkill
50
MlneliUl & Schuyl H..60
Nesquehoning
Do
8
*7Hi
*9
30
*18
Bethle Steel 6s 1998. Q-P
KeystoneWatchCase.lOO 100
,
*42
36
13
28 14
43
36
54 14
89
438
Cambria Steel
50
Consol Lake Superiort.lOO
Berg&EBrw 1st 68'21 J-J 102%
100
50
Harrison Bros pref. ..100
Indianapolis St
100
Inter 8m Pow <fc Chem.50
Preferred
13
2734
ConTracofN J
German town Pass
Susqueh Iron
39% 39%
6% 6%
PHILADEliPHIA
"47% 47% Balls Ter
Steel..
Preferred
6I34
1934
7% Al Val E ext 78 1910 A.O
AmRy8conv58 1911. J-D 101% 102%
Atl City Ist 68 g '19. M-N 111
Pref erre<l
PliU
.
61 14
54% 54% 54
87I4 87%
87%
Ask
Easton Cob Electric... 60
KlecStorafe Batt
100
Haven Iron
6
30
30%
79% 79%
39
39%
3% 3%
49% American
Bonds
American Cement
N
40
6B16
Inactive Stocks
Diamond State
3934
6*16
3H2
613e
13
27818
4238
42 Hi
4%
8
80
•3? Hi
4%
19%
4%
4Hi
37^8
3Uia
*43'a
10
3Hi
60\ 61
89% 39%
•ei*
6%
49%
19% 19\
*4834
115
1(>5
Uoorgnnlzation
N
WesVat.'.tl" Isttig'U JJ
Wil A Weld 6a.. 1936. J J
oorliflciitea -US
99 H 100 «a
114%
iioii
110
11334 115
105%
109% 111
105
121
114%
5434
24 H
101
118
117
56%
26
106
121
6534
66
15% 16%
100
110
119
119
113
113%
113H)
115
74I4
108
107
88
93
74%
88%
93%
47%
4734
103
113
116
112
11 2
<4
94%
95
113
111
111%
116
117
aesesanient paid.
.
1.
S
1
I ..
...
.
1
1
THE CHRONICLE.
726
[Vol. Lxxix.
\nmstmtnt and %mlxouA %ntdlxQtntt.
RAILROAD GROSS EARNINGS.
The following table shows the gross earnings of every .Steam railroad from which regular weekly or monthly returns
nan be obrained. The first two columns of figures give the gross earnings for the latest week or month, and the last two
columns the earnings for the period from July I to and including such latest week or month.
The returns of the street railways are brought together separately on a subsequent page.
Latest Grons
ROADS
Week
or
Lamintjs
Current
year
Month
Year
N Oit
NoICiist.
Ala*
Vioksb SUA: V.
Ann Arbor
AtchTop&S
Atlanta & thar..
AM Knoxv A No.
jVlUiitlo & J?ir. a
l<'e.
Brunsw.&Blrm
All Coast iiUio..(
Bait
l;alt
Ar Ann S
i OLio
Bangor
&
L,..
ArooBt
Bellefonte Oent'l
BrlrtKt&Saco K.
BullUocb&
.l.t.-
Biitlalo&SSnsq...
Canadian North.
Canadian Pacliii
Ceul'l of Georgiii
Oent'l of N.J ersej
Ontrai
PiUiilio..
(51iattau Soutli'n.
Cliesap &0)iio...
CU10& Alton Ky.
(it Western
Chlclnd AJ^'v...
Chic Milw & Wt f
Ohio
WU
Chic & North
ClucStP AI &0.
Ohio Term Tr KH
CiuN O&TPao.
CI
CinChA
8t L.
Peoria &iCast'ii
Colorado & Soucli
CelNewh&Lau.
Copper Ranee...
Cornwall
Cornwall &Leb..
Ciimberl'd Valle\
Denv.&RioGr.
t
Evansv & T H...
F'rcUild&N'r'e'ii
Farmv& Powliat
FtW&DenvCii.,\
Georgia KK
Qa South A Fla..
Gila
ValG
N..
A,
Gr Trunk Systenj
GrTr. West'u
DetGr HiM..
Great Northern..
Montana Ceiit'i
Total systeua
Gulf&Shlplslauil
Hocking Valley..
HouH & Tex Cent
H <fe K W. Texas
Houb
(Si fehrevep'
IlUnois Coutrai..
Illinois
Soucheru
IndlU &Iowa...
Int
in
Gt
North'ii
JInteroc (Mex)...
Iowa Central
Kanawha Midi
Kan City .South'u
<fe
I.akeEru'&Westn
Lehigh Val itK..
Lexing <v iiaHt'n.
Long Island
LoulHiana & Ark.
.
LoulHV
t<i
Na.Hliv.
& Blrm...
Mau'tet><tGr
'.:i
Latest (Jross B^amlnqa
XtOADS
i^evious
Year
& No
I'revioui
Current
iear
FrevioiM
Year
S
+
4:
35.597
NyC&
.
86,960
82,520
35,732
25,583
53,31o
63,565
3,869,030 4,264,190
May
44,936
Ithwk Ap.
47,139
June
3,027
2,744
8,685
June
7,343
152,566 180,766
May
158.627 164,858
June
124,508 144,507
July
29.07.-January ..
30,920
2d wk Aug 687,238 715,113
ithwk July 107,632 137,089
30.'573
34,678
4thwkJuIj
July
3,491,979 3,400,09.-.
July
180.736 185,929
Jaly
3,672,715 3,586.0.i4
Istwk Aug
38,860
38,981
2d wkAug 164,285 157,1:76
January .. 418,280 460,339
January ..
69,903
81,363
16,514
19,041
January ..
July
3,880,473 3,822,203
27,056
12,754
July
135,892 128,820
June
i<i wk Aug
85,557
83,157
WkJuly30 10,5,700 106,180
44,629
2d wk Aug
47,968
34.261
31,931
2d wk Aug
tune
464,874 389,391
July
404,814 467,475
May
2,514.006 2,624,09«
June
51,055
64.770
Dec. 7,877
May
June
56,155
60,795
Aug
Aug
2d wk Aug
July
June
696,440
10,256
8,340
981,313
953,707
122,083
174,467
289,074
320,97o
41,108.530 41,436.484
1,485,129 1,445.527
36,010
39,750
85.420
77,227
2,321,564 2,273,997
2,418,263 2,308,299
124,-508
144,507
235.533
179.3»5
4,369,220 4,593.293
446,311
361,394
130,279
98,483
3,491,979 3,400,095
180,736
185,929
3,072,715 3,586,024
190,852
177,103
864,065
861.472
St
Jo8&Gr I
3t
St
L Southwest
9.237
23,376
2,347,081
572.458
99,500
26.810
5,736
12,900
56,163
149,22>i
317,764
82><.OOU
40,000
868.000
8.381
128.34b
191,117
181,983
15.329
1.751
6,443,618
642,373
249.674
1,975,912
892,902
4.048,716
30.321
18,964
591,980
9,777,559
Dec. 57
248,508
1,206.417
714,369
2,020.949
Year
29,551
379,342
321,153
9,237
9,120
9,120
306,7i*5
23,794
296,297
2,213,447 17,256,092 15.158.429
554,431 6,932,877 7,152.994
429.800
95,100
436,500
23.169
87,338
84.599
3,758
5,736
3,758
12.406
81,875
72.629
356,285
67.110
370,115
129.125
746, y76
689.601
300,580 1,987.770 1,003,970
781,000 4,636.000 4,943,000
204,00(J
38,000
199,000
819.000 4,840,000 0,142.000
6,354
43,345
34.678
725,772
743.658
114,805
184.St)6 l,19tf,530 l,l«0.305
216,3«0 1,013,'551 1,25;.707
17.542
15,329
17,542
29,261
40,076
3.553
6,849,464 6,44:>.61>> 6,849.464
642,705 6.652,483 6,176,518
283,447 2,398,2^0 2.377,9S0
1,968,558 22,800,991 21,160,675
872,702 10,048,64i< 9,404,448
4,144,635 4,048,716 4,144,635
389,649
345,070
33,284
210,268
195.505
18,297
578.599 5,902.973 5,606,754
10827859 119166794 119398694
Inc. 60 5.200
4,500
231,552 1,481,540 1,3S3,3.J9
1,176,217 13,59)5,649 13,169,449
679,896 7.643,&50 7,012,779
2,139,56:i 24,337,136 23,601,186
50.142
3,94.0
2,956.970 3,295,110 31,900,073 29,'l04,89'i
3.347.691 2,952.838 32,225,018 20,098,906
6.304,661 6,247,948 64,125,091 49.203.797
187.552 153,600 1,364,305 1,192,248
533.719
539,302
46,346
1,545
60,001
10.772
45.076
7,642
3,393,615 2,903,078 44,969,491 44.376.620
102.867 1,314,221 1,388.162
95,201
June
2,685,335 2,621.068 35.500.103 32,013, 35B
June
808,034
943,931
133,840
2d wk Aug 162,971
255.685
208,982
255,685 208,982
July
151,278
141,391
151,278 141,391
July
Istwk Aug 261,147 253,383 1,260,807 1,278,125
97,630
103,125
103,125
97,630
July
May
7,608,720 7,459,844 85,965,497 80,552.328
January... 1,460,659 1,349,57» 13.775,430 12.847,305
580,584 593.810 4.221,191 4,014.019
January...
696,201
807,199
77,226
99,724
January...
106,623
12,547
96,570
10,300
January...
161,821
1,144,280
1,168,165
161,517
January...
January .. 417,904 473,036 2,990,794 3,013,301
288,262
292,660
30,084
36,645
January ..
January... 312,659 283.974 2,576,550 2,344,219
565,161
681,749
70,159
65,523
Jauuiiry...
January .. 2,619,233 2,503,802 19,658,844 17,932,714
3,405,692
January...
453,189
302,477 287,550 2,253,290 1,917,719
J anuary.
2d wk Aug 877,114 861,299 5,417,295 5,255,999
176,916
164,992
July
164,992 176.916
-19,574
58.596
>uly
49,574
58.596
42,600
51,150
8,4.57
Istwk Aug
11,147
150.874 184,564 1,109.351 1,153,937
2d wk Aug
12,000
10,500
12,000
10,500
July
507,-248
480,723
2d wk Aug
90.508
86,941
135,163
121.632
Istwk Aug
23,429
24,355
2.1 v;k Aug
372,669
412,677
79.672
63.948
11.568
13.954
Istwk July
13.954
11,568
June
4,617,368 4,401.552 55,279,231 50,116.954
614.859
47,131
604.536
June
58.133
2d wk Aug 540,056 475,918 3,130,242 2,935,3ts7
June
406,624 380,924 4,31 1,15^ 4.010.958
595.166
510,942
2d wk Aug
84,742
83,616
166,235
153,698
May
14,922
13.013
SSl.aOl
2d wk Aug 132.100 133.201
831,546
174.974
172,561
June
10.291
10,921
513,969
547,808
July
547,808 513,969
,
L& San Fran
<>
.
StLVan&TH..
Seaboard Air L..
Southern Ind
So Pacific Co 6...
Central Pacinc
Gal Har ik S A.
Gal Houfl A .Vo
GulfWT.t
Latest liaU
Year
May
Kas
to
Ctirrenl
<:
Manl8
I
Week
s
297,921
iu V
or .Montk
—
LouiBvHen&fetL March
Macon
293,237
hate
•Hanistique
July
178.631
200,364 Maryl'd & Penn.. June
200.364
84.760 t Mexican Cent'l.i April
95.775
84,760
98,545
94,440 t Mexican I -i tern. June
94,440
July
i/tc. 153,918
Dec. 93,948
June
WkJiay30
t Mexican Ky
239,782 t .Mexican So nth' ithwk July
233,083
34,572
39,521
2d wk Aug
5,117,467 4,487,600 68.1.71.200 62,350,397 -Millen <t So'w'n. Inly
.lune
274,176 243,040 3,251,025 2,915,530 Mineral Kango.. 2d wk Aug
May
..
62,949 Minneap A .8t L. 2d wk Aug
61,177
61,177
62,949
July
55,419
Ai)ril
M 8t P & 8 St M Istwk Aug
19,41b
Apill
Mo Kan <te 'lexaf- 2d wk Aug
1,764,190 1,805,412 20,544,975 19,6"82,455 Mo Pao&Iron Mi 2!l wk Aug
June
154,148
1
13,252
15.204
13,417
May
Central Braucii 2d wk Aug
5,381,898 5,837,436 65.071,081 63,449,633
June
2d wk Aug
Total
156,365 161. 15S 2,015,356 1,800,168 Mob Jack & K C. Istwk Aug
lune
2,374
5,879
2,374
5,879
July
Mobile & Ohio... istwii Aug
45,950
49,418 Nash(^h & Ht L.. 2d wk Aug
3,609
5,133
June
952,891 1,057,114 INat'lRKof Mex Istwk Aug
2d wk Aug 153,974 169,865
963,170 1,000.752 Nev-Oal-Oregon July
81,433
79.817
iune
438,300
308,900 Nevada Central.. June
68,600
58,400
2d wk Aug
2d wk Aug 995,000 911,000 6,270,000 5,805.344
HudRiv .)uly
1,061,590
1,0-4,175
166,900
152,900
wk
Aug
2d
N YOnt& West. JUllfi .....
1,924.915 1,839,276 19,79o.6>0 17.341,188 ^f Y Susq & West May
May
January .. 1,460,659 1,349,578 i3,7/o,43<J 12,817,305 Norfolk & Wesfii lune..
14,2ti0
10,379 Morthern Central June
6,66:;
3,924
IthwkJuly
1,/37,710 1,525,050 19,297,525 10,711,602 North'uPaeltic. July
June
11,4-j5,853
10,071.092 Nor Shore iCali.. February..
956,168 747,957
June
920.533 Ohio El v& West.. June
791,045
2d wk Aug 134,816 160,467
572,074 Pacific Coast Co Juue
558,417
Istwk Aug 108,291 101,876
3,866.198 4,050,923 48,330,335 47,662,738 ePenn— EastP&E June
June
4,380,557 4,796,729 53,334,632 50,639,140
June
eWestPA E.... Juue
851,696 996,086 11,43S,287 12,099,339 Pere Marquette (f 2d wk Aug
June
204,332
29,2»0
184,883
31,905
2d wk Aug
PhilaBalt&W'sli June.
133,796 120,776
691,237
755,663 Phlla & Erie
Ifetwk Aug
June
2,038,743 2,039,013 21,069.954 20,390,762 Pittsh C C & St I. June
June
250,120
2,785,120
2.666,827
273,974
May
Raleigh <te O Fear June
646,542
805,811 Beading Railway May
2d wk Aug 104,647 132,273
224,035
192.922
13,732
13,339
June
May
Coal&IrCo
466,453
353.249
44,979
39,204
May
Total Both Cos May
74,431
94,729 Rich Fr'ksb & P May
6,009
June
9,354
242,307
253,859 Rio Grande Jet.. May
19,479
25,306
June
842,194 Rio Grande, So... Istwk Aug
149,750 125,193 1,291,195
January...
June
2d wk Aug 290,700 369,600 1,864,200 2,189,100 Rocklsl'dCo
Kio Gr. West. \
Dct & Mackinac. June
Detroit Southern Istwk
DulSo8h<MAti.. Istwk
Erie
54,072
Latest
178,631
95,775
98,545
July
VkkBb'fj July
AUeglieiiy Valley
to
%
S
56,798
1
Current
Year
Previous
*
Ala Gt .SnuthPrn. iBtwk Aug
AlaN O <fe lexa^ Paciilc.
July
P..
Louis'a West. ..
Morgan's L <k T
N Y T & Mex
.
Oregon & Calif.
So Pac Coast....
So Pao BR Co..
SoPaoS8.Ltm-s
Tex&NOrl
.
3,358,2511 Southern Rallw'v
555.001 TerreH & Ind ...
519,274
124,142
144,5511 Terre H <fc Peor..
3,880,473 3,822,203 Texas Central
27,056
12,754, Texas & Paoihc.
1,582,380 l,716,716i Tex S V <& N W
552,362
571,491 Tol <& Ohio Cent
441.170
446,290 Tol P & West ....
'-•88,163
284.962 TolStL&W
201.216
18«.492 Tor Ham <t- Bull
6,450,320 6,010.459 Un Pac Sy.stem
407,475 Virginia & So vV'n
404.S14
27,086,112 23.953.356 Wabash
611,947
574,786
Jersey ik Sea'e
Inc. 296 ,227
Wheel <fe LE
704,671
532,534 Wm'sport&N.Br.
672,340
608,436 Wisconsin Cent.
702,215 4,^14.265 4,400,126 Wrlghtsvd: T'n..
10,256
11,055 Yazoo <te Miss. V.
11,055
89,9231
11.344
140,483
3,461,608
. .
.
.
.
W
1
VAKIOIJS FISCAL YEAKS.
KG ADS
Gross Jiamings
Allegheny Valley
Atlanta & Charl Air Line..
Atlantic & Blrmiughaw a.
Bellofonte Central
Chicago & North West.1[...
Chic at P Minn & Omaha..
Cumberland Valley
International & Gt North'n
Jan. 1 to June 30
Mar.
to
Mav 31
Dec. 1 to Apr. 30
Jan. 1 to Inly 31
Juue
Jan.
Jan.
Jan.
Lake Erie
Western
Jan.
Manistee & North Eastern Jan.
Manistiq ue
Jan.
Maryland & Pennsylvania Mar.
Missouri Pacific
Jan.
Central Branch
Jan.
Total
Jan.
fMexican CentraH
Jan.
Mexican International .. Jan.
&
1
]
1 to June 30
1 to June 30
1 to Jan. 31
1 to Aug. 14
1 to July 31
1 to May 311
1 to July 3ll
1 to June 30
1 to Aug. 14!
1 to Aug. 14
1 t')
1 to
1
to
Aug. 14
Apr. 30
June 30
ROADS
Current Year Previotcs Year
Decrease.
876,6li2
!P224,365
808,399
288,127
31.8'.a9
43 005
4,380,557
4.796 .729
5,,597 018
1
193
.3.123 ,450
182,059'
45,199
100,062
24,189,619
1,009,000
25.198.619
9.044. 41
3,561.606
•
Mexican Railway
Mexican Southern
2,915 219
RR of
Mexico...
Northern Coutrai
Shore
North
ePennsy., East of P & B...
E
eWc.«tof
w
Pere Marquette
Phila Baltimore &Wash..
Philadelphia & Erie
Pitts Ciu Chic & St Louis..
Rio Grande J unction
St L Vandalia & Terro H ..
Terre Haute &, ludianap ..
Terre Haute & Peoria
;National
4,980,03*!
149.750
2,934,260
2,730,042
;
Gross
P&
159 793
38 .800
102 ,626
24,465 480
800 000
25.265 480
8.327, 285 Texas & Pacific
3,720, 548 West Jersey & Seashore...
JCammys
Jan. 1 to Jidy 30
Jan. 1 to July 31:
Jan. 1 to Aujf. 71
Jan. 1 to June 30
Mar. 1 to Feb. 29
Jan. 1 to June 30
Jan. 1 to June 30
Jan. 1 to Aug. 14
Jan. 1 to June 30j
Jan. 1 to June 301
Jan. 1 to June 30i
Dec. 1 to May 31
Nov.
Nov.
Nov.
1 to
July 31
31
31
to July
1 to July
Jan. 1 to Aug.
Jan. 1 to June
1
14
30
Current Year iV«»«ott« Year
$3,343,900;
$3,062,300
,596,332
697,273
6,913,319
4,878,594!
632,652
56,695.676,
Decrease.
6,S14,103
6,572,811
3,470,666
ll,618,160i
\
262,611
1,979,271
l,496.582i
460,866,
6,546,145
1,775,45 :ii
6,999,086
5.040,194
538,435
60,155,276
1,375.100
6.674.387
6.624,011
3.608.006
11,880,844,
269,085
1,798.050
1.444,296
452.122
6,739.460
1.724,852
t Results
on Monterey dc Mexican Gulf are included for both periods.
currency.
j Mexican
K Includes trans-Miesourl line*
Blnce Feb. 16, 1903.
6 Includes the Hous .te Tex. Cent, and Its subsid. lines iu both years and for both periods,
e Covers lines directly ope^
ated.
West, and also Florida Southern and Sanloro
t Including Sav. Flor.
a Inoludea the Chicago & Eastern Ulinois In both years.
& Bt. Petersburg Rye. in both years.
to Includes Lake Erie
a These figures are lor tUe consolDet. RJv. Ry. froin Jan. 1 both years.
idated company, luolnding Tifton Thosv.
Gulf and Titton & Norttieaatero. 'Approximate figures.
&
&
A
'. .
Aug.
>
.
THE CHRONICLE.
20, 1904.
Latest «ro8S Earningra by Weeks.— In the table which
foUow^s we sum up separately the earnings for the second
The table covers 32 roads and shows
we«^k of August.
1"88 per cent increase In the aggregate over the same week
last year.
1904.
id week of August.
Ann Arbor
Bntralo Booh,
ft Pltteb')?
Canadian Northern
Oftnartlan Paoino
Oentral Of Georjda
Ohio Great WCHtern
Chicago Term. Transfer.
1903.
tncrecue.
39,521
169,866
58,400
911,000
162,900
160.467
34,572
153,974
68,600
995,000
166.900
134,816
Deerease.
4,949
15,891
10,200
84.000
14,000
25.651
29.2'<0
3i.90'5
2.fi25
104.647
290.700
132,273
369,600
27,626
78,900
687,238
715,113
157,276
83.157
44,629
LODteHouthwestem..
Bonthern Railway
Texas & Paolllo
Toledo A Ohio Central..
Toledo St. L. & Weat
164.285
85.557
47,968
34,261
696,440
12.900
56,163
317.764
828,000
40,000
191.117
248.508
162,971
877,114
180.874
90,508
79,672
Wabash
640.0.'>6
86,<»<1
63.94i5
475,9 8
84.742
132,100
83.616
133.201
7,536,727
7,399,093
Colorado ASoathem..-
Denver A EUo Grande
Gr'nd Trante of Canada
Grand Tmnk West,..
Det. Gr. Hav. A Milw.
j
>
HocMns? VaUey
International
&Gt. Wo..
Iowa central
Kanawha &
Mionijran...
MinneapoUs
& 8t.
LoolevlUe & NashvlUe..
Mineral Banife
IHO.
Louis.
Kansas* Texas.
..
Mo.Paolflo&IronMt...
Central Branch ......
Nashv. Chat.
& 8t. LottlB.
Fere Mara nettet
St.
Wheeling *Lafee Erie...
msoonem
Central
Total (32 roads)........
Net Inoreaee (1-86 p. o.)
27,875
7,009
2.400
3,339
2,330
31.931
702.215
12.406
67,110
300,580
781.000
38,000
184.866
231,552
133.840
861.299
184.564
""'494
5.775
"i6",947
'17. is*
47,000
2,000
6,251
16,956
29,131
15,815
"8.567
3,690
15,724
64.13S
1,126
1,101
S42,t)64
205,030
137.634
Tnoludee Rio Grande Western.
Riv. RR. In both years.
"
Includes Lake Erie
t
& Detroit
For the first week of August our final statement covere
46 roads, and shows 1*85 per cent increase in the aggregate
over the same week last year.
1st week of August.
1904.
1903
increase.
S
Decrease.
6,421,288
56,798
149, '00
108.291
133,796
25,583
9
6.275,528
54,072
156.300
101,876
120,77«
35,732
658,833
685,572
26,739
38,981
45,574
56.777
114,80?
216,380
253.383
121
l,2^5
Mobile &Ohlo
National RK. of Mexico.
Seaboard Air Line
Texas Central
.......
Toledo Peona & West's
38.860
44,319
86,430
128,349
181,933
261,147
11.147
23.429
"7,764
8.4.^7
2,690
TotaI(46 roads)........
8,299,353
8,188,568
$
Previously rep'd (30r'do
Alauzuiia Gt. Hoatnetn
Central or Georsria
Ohio, Ind'pUs & Loulsv..
Oln. N o & Texas Pac.
Detroit Bout hem
.....
Grand Trunk of Can...
Grand Trunk Weat
. .
Det.Gd Hav. <&> Mllw.
enlt A Ship Island
9
150,226
2,72t
"7,200
"*6.4l>'
13,020
10,149
>
>
S
Iowa cenirM ............
Minn. * St. Louis
Net Inorease (1-35
295,986
— Gross Earnings. —
Boads.
A Saco
Current
Previous
Year.
Year.
$
$
Net Earnings.
Current
Previous
Year,
>
Year.
R.b. June
3,609
5,133
480
1,912
45,950
July 1 to June 30 ...
49,418
14,126
16.091
688,830
Baft. R. A Pittbs.b June
707.720
309,367
330.920
July 1 to June 30.... 7,529,957 7,452,733 3,121,151 3,220,328
Snflalo A B'sqne.a June
81,433
26.518
79,817
27,659
963,170 1,000,752
Jnly 1 to June3o....
332,842
432.459
297,600
Canadian Northern. June
264,300
89,300
87,800
3,124,800 2,304,450 1,006,800
July 1 to June 30
769,510
Canadian Paoltlo.a June 4.418,865 4,152.610 1,449,911 1,246,055
July 1 to June 30 .. 46,469,132 43,957,371 14,213,105 15,'836;845
668,383
Cent, of Oeorgla.a June
669,156
236,494"
62,376
July 1 to June 30.... 9,396,981 9,164,470 2,209,546 2,071,921
Cent.of N. Jersey.b.May 1,924,915 1,839,276
840.436
709,609
July 1 to May 3l.:.. 19,795,680 17,344,188 8,734,837 6,705,667
Obatt'n'ga South.ajune
8,693
10,397
d6f. 923
336
111,253
122,668 det.l 6,603
July 1 to June 30 .. .
10,021
Ohesap. A Ohio. b.. June 1,787,716 1,625,060
607,339
520,113
July 1 to June 30.... 19,297,525 16,7li;602 6,514,335 5,658,879
Alton
.a June
956,168
26',028
Ohlcago A
747,957
163.025
July 1 to June 3o.... 11,425,853 10.071,092 3,561,253 3,100,896
WesT'n.b
May
586.531
Ihlo. Qt.
633,163
165,312
207,025
July 1 to May 3i.... 7,598,739 7,115,377 1,957,649 2,060,009
Chio.Ind.ALonlfe.aMay
454,773
439,524
156,562
169,466
July 1 to May 3l.,.. 4,855,978 4,629,724 1,742,798 1,793,798
Ohio. M. A St. P. a. June 3,866.198 4,050,923 1,097,741 1,055,897
July 1 to June 30 ...48,330,335 47,662,738 16,453;745 16;064;664
Ohlo.Ter.Tranef b May
184,646
148,667
44,468
58,386
Jnly 1 to May 31.... 1,440.109 1,602,546
458,631
657,381
Cin. New Orl. A Tex Pac— See under Southern Ry. System below.
Ul.«Jin.Ohlo.A8t.L.aJune 2,038,743 2,039,018
647,816
549,967
July 1 to June 30. ...21,069,954 20,390,762 4,339,727 4,721,332
PeorlaAEaen a. May
260,120
273,974
49.612
50,279
531,177
July 1 to May 31 ... 2,785,120 2,666,827
587,069
450,697
556,777 dl54,291 dl79,056
Oolor'do ASonth.b. June
July 1 to June 3o.... 5,702,687 6,142,989 di456,253 dl468,508
13.732
Oolum.Newb.A L.b June
13,339
81 def. 3,184
224,035
192,922
July 1 to June 30 ...
50.444
50,651
44,979
39,204
Copper Range a ...May
13,962
17,689
466,453
353,249
141,896
July 1 to May 3i
162,699
June
6,009
Corn wall, a
9,354
2,707
2,972
74,431
94,729
July 1 to June 3u
23,271 def.31.618
19,479
Cornwall A Leban.. June
25,306
6.904
13,012
242,307
July 1 to JuneSu
253,859
106,555
113,838
Bridgt.
—
—
Delaware & H'dson Co.—
Albany & Sn-quehbApr. 1 to June 30
1,686,340 1,218,580
893,607
492,913
Jan. 1 to June 30.... 3,071,347 2,426,937 1,576,192 1,075,957
Renss. A Sar.AAdlr.b—
809,928
Apr. 1 to June 30....
820.886
152,192
190,253
1,468,352 1,519,246
192,302
Jan. 1 to June 30
888,000
N. Y. A Canada, b.—
r,o June 30....
462,963
357,903
128,728
Apr.
141,529
811,390
658,447
Jan. 1 to June 30
188,285
270,040
in
New York State.
Del. Lack. A Western b— Leased lines
Apr. 1 to June 30.... 2,772,560 2.849,565 1.441,173 1.617,638
July 1 to June 30
10,479,364 8,572,751 5,484,431 3,845,760
1
347
'{3.54i
34,397
926
24.355
842.14.^
231,360
110.785
p. o.).
Met Earnings Moatlily to Latest Dates.— The following
shows the gross and net earnings to latest dates of all Steam
railroads furnishing monthly statements. The compilation
includes every road from which we can get returns of this
character, and in that form is given once a month. Early
returns are published from week to week, as soon as issued,
but for the convenience of our readers all the roads making
returns are brought together here in the week in which we
publish our monthly article on net earnings say about the
20th of the month. Besides the companies furnishtng monthly
returns we have added this time the roads which make
—
quaritrly returns.
7-27
—Current
Gross Earnings. —
Previous
Year,
Year.
.
Net Earnings.
J'rcvious
Current
I'ear.
Tear
.
Roads.
.$
$
$
$
Alabama Great Southern— See under Southern By. System below.
Allegheny Valley... June
Deo. 93.948
Deo. 114,198
Jan. 1 to June 30
Deo. 224,365
Dec. 439,251
Ann Arbor. b
June
170,704
174,967
22,412 def.16,549
July 1 to June 3o.... 1,979,045 2,037,215
593,456
570,607
AtoluT.AB. Fe.b..June 5,117,467 4,487,606 tl, 569,515 11,189.722
JolT 1 to June 3u.. .68.171.200 62,350,397 t25949167 123913286
Atl'taAChar.A.L.aMay
60,264
274,176
243,040
69,681
July 1 to May 31.... 3,261,025 2,915,530 1,101,280
976,118
Atl. Knox. & >«o.a Mar.
12,673
63,923
16,307
63,063
July 1 to Mar. 81....
544,238
102.167
88,786
520,468
Atlantic AB.iZv-a.Apr.
55,419
17,825
Deo. 1 to Apr. 30....
288,127
73,376
Br'nswiok&Blr.aApr.
654
19,416
aAtlant.CoaBtL.a.June 1,764,190 1,805,412
778,860
667,465
July 1 to June 30. ...20,544,975 19,682,455 7,717,882 7,070,119
Baltimore A Annapolis
4.143
Short Line.a
May
15,204
4,416
13,417
37,789
July 1 to May 31....
154,148
50.154
113,362
Bait. A Ohio Cob. Jniw 6,381,898 6,837,436 1,861,690 2,389,714
Jolj 1 to June 8u.... 66,071,081 68,449,633 21,442,217 23.879,669
Bangor AAroost'kbJue
50,124
161,158
156,865
56,988
July 1 to Jane 30.... 2,016,366 1,800,168
669,608
766,414
BellefonteCentr'lbJoly
3,008
311
2,874
5,879
16,798
Jan. 1 to July 31....
31,829
48,005
7,866
b-
Byr. Bing. A N. Y.
Apr. 1 to June 30
July 1 to June 30.-..
370,124
363,321
157.418
467,907
519.883
192,276
414,147
471,614
5,735,951 6,161,325
21,887
19,059
307,778
285,201
Dul. Bo. Bh.AAtl.b.June
228,275
273,094
74,705
113,009
775,156 1,014,045
July 1 to June 30.... 2,524,613 2,772,135
Dunk'k All. V, A Pitts.b—
10,625
69,955
76,575
17,492
Apr. 1 to June 30
291,558
305,093
74,754
49.919
July 1 to June 30....
Erie.a
May 3,869,030 4,264,190 1,503.191 1,808,104
Jmy 1 to May 31....41,108,530 41,488,484 10,627,199 13,981,100
2,744
def. 498
Falrohlld A N. East June
3,027
1,282
39,750
8,5^2
12.408
Jnly 1 to June 30 .-.
36,010
1,573
Farm V, A Pow h't'n a June
8.685
7,343
1,020
77,227
def.v68
85.420
1,669
July 1 to June rO
Ft.W.ADen,CUy.bMay
180,766
20,449 def.8,472
152,566
697,506
462,595
July 1 to May 31
2,321,564 2,278,997
164,858
17,743
Georgia RR.a...
168,627
6,640
June
658,169
683,076
July 1 to June 3o..^ 2,418,283 2,308,299
Georgia South. A Florida— See under Southern Ry. System below.
5.^3,074
Or. Trunk of Can.. June 2,618.178 2,486,198
882.783
Jnly 1 to June 30... 27,728.187 27, 2('3. 630 7.728,172 7.884,246
Jan. 1 to June 30
12,454,833 13,519,526 3,229.896 3,810,708
'.09,983
Gr. Trunk West... May
486,183
107,063
448,205
July 1 to May 31... 4,913,140 4,654,534
699,379
642,374
Det.Gr. F.* Mll.May
78,837
12,166
1,460
97,816
262,908
July 1 to May 3i.... 1,134,784 1,086,567
230,356
Green wioh A John sonv b
5,951
Apr. 1 To June3o...
16.617
6,724
17,586
11.459
Jan. 1 to June 30...
11,678
34,900
29,266
60.458
Golf A Ship 1r1. ..a.June
34.795
146.378
149,587
625,429
600,581
July 1 to June 3u
1,829,816 1,705,047
279,919
166.487
Socking Valley. a..June
653,730
481,852
July 1 to June 3o
5,725,488 6.049,698 1.872,863 2,211.172
Illinois Central.. .a.June 4,024.226 4,087,5f.O 1,224,474 1,090,316
July 1 to Juno 30.. ..46,831,136 45,186,076 12,095,454 13,488,121
43,961
39.064
Ind. m. AIowa.a..June
128.828
136,892
482,138
316,430
Jnly 1 to June 80.... 1,582,380 1.716,716
Interborongh Rap. Trans.
1,238,035 1,103,878
1,318,682 1,416,881
If Den. ARlO G'rte. b.May
31...
15,046.266
15,902,015
July 1 to May
86.960
Detroit A Mack'o.aJune
82,520
981,313
953,707
July 1 to Juneau....
.
.
Oo. (N. Y. city) bApr. 1 to June 30..., 8,746,101
Iowa Central. a... June
199,026
July 1 to June 30.... 3,877,105
Kanawha A Mich. a June
189,391
Jaly 1 to JuneSu.... 1,657,666
Kan.Olty South. a.. June
464,874
July 1 to June SO.... 6,450,320
L.
Champlaln A Morlah
b—
Apr. 1 to Jiuie30....
July 1 to June 30.
81,484
119,017
3,271,787 2,213,888 1,969.898
rl0,702
r35.460
176,671
2,405,543 r334,473 r488,563
28,994
26.860
147,440
132,019
248,417
1,281,322
_«8.0fl0
889,891
.„„321
6,010,459 1,760,887 1,500,284
7,812
31,863
88,975 det.16,096
, ._..
def.9,S09
(let8,643
—
THE CHRONICLE.
728
,
A
L. 8h.
Roadi.
Mich. S^nth
—Current
Gross XaDiiiigs. —
Precious
I'rr.vloui
i'ear.
I'ear.
Year.
$
$
$
$
1,990.856
7,979.094
4,300,960
1,763,217
8,799,458
4,329,563
b-
& Hudson b.—
64,927
182,883
134,269
56.476
Apr. 1 to June 30....
487,113
181,502
420,441
200,180
Jaly 1 to JuneSO....
RR.—
See
page
V. 79,
265.
Lehigh Valley
10,592
51.058
64,770
21,655
Lexlng'n &Ea«t.l>. June
611,947
224,868
674,786
173,556
July 1 to June 3o....
May
Deo.
7.877
Deo. 77.266
LongFalandb
Inc. 296,227
Deo. 500,677
July 1 to May 31
Arhan.aJune
60,795
23,242
18,991
56,155
LoalB'na&
704.671
532,534
160,828
214,400
July 1 to June 3o....
913,741
906,034
IiOalBT. d: NaBbT.>> June 7,923 648 8,058,983
July 1 to June 3o.... 86,943,793 35,449,378 11,802,245 11,478,565
Manistee A Or. Rap. June
988
8.340
11,344
1,516
89,923
140.433 deM3,876 def.l,0d4
July 1 to Jun* 30....
iVo. B.a.May
ManlBtee
35,597
29,551
13,422
14,241
Jan. 1 to May 3i....
182,059
159,793
65,805
76.966
BfanlBtlqne.b
July
9,287
9,120
1,051
3,461
Jan. 1 to July 3i....
45,199
38,800
7,852
1,768
Maryland* Penp.. June
23,376
23,794
6,663
5,462
Mar. 1 to June 3o..
100,062
102,626
31,138
25,497
676,755
669,548
C Mexican Cent. e.. Apr. 2,347,081 2.818,447
Jam. 1 to Apr. 30.... 9,044,418 8,317,285 2,361.124 2,227,502
cMex. Intern at'l... June
672,468
564.431
235,193
187,086
Jam. 1 to June 30.... 8,561,606 3,720,548 1,506,389 1,459,535
MlUen&Bouthw.a.Joly
6,736
8,758
1,051
1,286
Mineral Range. b... Jane
55.194
50.334
11,760
18,706
5^^9,798
105.021
July 1 to JuneSO....
660,488
75,202
Minn. & 8 1. Louis a. June
240.693
256,608
v77,916
v98,377
July 1 to June 30.... 2,850,566 3,265,472 vl049,«64 vl237,530
M.St.P.<Si8.8.M.b.Jujie
628,816
651,829
817,303
286,618
July 1 to JuneSO.... 6,993,498 7,237,264 3,346.718 3,517,342
Mo.Kan.&Texaa.a.June 1,410,797 1,098.056
400,769
107,260
July 1 to June So... 17,766,595 17,208,193 4,768,886 4,759.110
Mo. Pac. System. b.. Jun* 3,232,653 2,997,316
692,968
783,864
Jan. 1 to June 3U.... 20,358,619 20,123,480 4,765,896 6,174,462
Mob. Jacks. <&K U.June
38,479
39,010
17.447
9,880
&
273,980
183,947
July 1 to June So....
426,331
108,518
Mobile & Ohio— See nnder Southern By. System Delow.
877,676
236,937
219.570
Naah. Oh.<S»8t.l..b. June
866,419
July 1 to June 80.... 10, 206,022 9,606,870 2,624,992 2.610,766
oKat'lBR.ofMez..June
936,471 1.065,271
303,720
395.093
Jan. 1 to June SO.... 5,899,468 8,747.379 1,878,654 2,028,422
ireT.-Cal.-Oregon.a.Jane
20,783
17.376
10,498
6,318
July 1 to JuneSO....
194,835
196,055
78,670
85.678
Hevada Central.. ..June
def.618
1,751
3.563
377
29.261
40,076
July 1 to JuneSO....
3.708
13,962
Nevb.Datch.&Conn.b—
Apr. 1 to JuneSO....
41,860
46.096
6,387
5,659
July 1 to June 30....
171.414
181.916
25,656
47,618
V.\ . Chlc.& St. Louis faApr. 1 to June 30.... 2,256,193 2,040,146
510,551
468.231
July 1 to JuneSO.... 8.599.599 7,962.892 1,832,198 1,897,143
Jan. 1 to June 30.... 4.337,287 4.185,958
925,810
961.067
042.373
642.706
249,887
229,640
H. Y. Ont. A West.a June
July 1 to June 30.... 6,652,483 6,176,518 1,605,703 1,655,618
249,674
283,447
130,086
ir.T.Sas. AWest.a.May
169,949
959,767 1,020,703
July 1 to May 31.... 3,398,380 2,377,980
Norfolk&WeBt'n.a June 1,975,912 1,968,668
778,872
856,233
July 1 to June SO.. ..22.800.991 21.160,676 8,687,261 8,468,245
Northern Gentr a) bjune
892,902
872,702
290,716
189,515
940,384 1.093.481
Jan. 1 to June 30.... 4,878.694 5.040.194
18.964
18.297
3.832
Ohio River & West. June
6,768
210,267
195,505
62,914
July 1 to Jane 3u....
64.082
Paelfio Coast Company -See Mlscellaneoas Companies.
PennsylvaniaLines direotlyoperated
JEast of Pitts. &E. June 9,777.859 10,827,869 8.702,799 3,506,899
jjan. 1 to June so... 66,696,676 60,156.276 14.818,567 17.328.457
Inc.
Deo. 574,500
80.400
Westof Pitts. <&E. Jane
Deo. 1.390,000
Deo. 1,375,100
Jan. 1 to June 30.
877,435
Phil. Bait. A Wash.b June 1,206,417 1,176,217
807,135
Jan. 1 to Jane 30.... 6,672,811 6.624.011 1,473,160 1.719,260
679,896
339,783
714,869
Fhlla. A Erie.b
June
211,328
Jan. 1 to JuneSu.... 3.470,666
3,608,006
1,002,617
1.031,684
Pitta. CO. A St L.a June 2,020,949 2,139,562
Jan. 1 to June 30.. ..11,618,160 11,880,844
863,211
2,471,880
663,072
2,802,370
Poagbkeepsle
A
Bast.b —
17,314
Apr. 1 to June 80....
17,768
2,067
1,676
BaleighAO. Fear...June
8,940
1,820
60,143
July 1 to June 30....
21,652
Beading companyPhila.ARead'g.b.May 2.956,970 3,295.110 1,119,284 1,448.192
July 1 to May Si. ...31,900,073 29,104,891 12,469,180 10,394.438
A Iron Co. b May 8,347,691 2,952,838
328,696
466,757
July 1 to May 31....82,225,018 20.098.906 2,862,518 2,457,826
Total both Co. 'B.bMay 6,304.661 6,247,948 1,447,880 1,914,949
July 1 to May 31 ...64,128.09149,203,797 16,821,647 12,852,264
Beading Co.b.... May
120,880
119,746
1,300,615 1,264,242
July 1 to May 31
Total all Co.'s.b.. May
1,663,710 2,034,695
16.622,262 14,116,606
July 1 to May 31
187,5.'>2
Pot.
May
163,600
74,462
54,634
BiOh. Fred. A
455,364
361.705
July 1 to May 31.... 1.364.308 1,192,248
46.346
61,545
f 13.904
BloOrandeJaDOt..May
f 16.464
262,611
269,085
f78,783
fa0,725
Deo. 1 to May 81....
87,942
46,715
14,686
23,900
Bio (irande South. ». June
461,566
553,554
192,010
278,157
July 1 to JuneSO....
822,881
518,764
Book Island Co.a... June 3.393,615 2,908,078
July 1 to June SO. ...44.969.491 44.376,620 11,757,020 14,998,185
95.201
102.867
23,672 def. 3 1.074
Bt. JOB.A Gd.lsl.b.June
238,204
407,011
July 1 to June 3v^.... 1,814,221 1,888,168
Coal
St. L.
A Han
Fr. (Inolad.
829,678"
908,793
A E. 111). a.. June 2,688,335 2,621,068
July 1 to June 30.. ..38,660,103 32,013,358 11.409,177 10,975,072
Ohio.
— Cross ICurniiKjs. —
I'.nr-nhKjs.
Currriil
I'ear.
Apr. 1 to June 30.... 8.772,961 8.710,824
July 1 to June 30. ...34,885,444 83.297,117
Jan. 1 to June 30. ...17,188,245 17,101,965
LehlKh
\el
[Vol.
t.y y i y
.
\el Jluriiintjs.
I'revious
Year.
1
J'reri'ius
Currmt
Tear.
Year.
Year.
7.649.484
7.278,574
2,227,887
2,033,411
Apr. 1 to June 30
618.650
731,828
July 1 to June 30 ... 2.598,416 2,393,300
126.591
San Fr. A N. Pao.a June
125.704
July 1 to June So .. 1,357 666 1,299,279
Seaboard Air Line a June 1,090.107 1,067,269
July 1 to June so ..18,311,408 13,706,627
South Buffalo Rv fa69,821
82,727
Apr. 1 to Juno 30 ...
224,824
613,903
38,516
271,355
211,018
8,177.596
134.671
675,476
31,446
309,045
298,744
3,887,749
6,083
189,823
216,259
86,401
eoathem Indiana bJune
106,810
77.686
42,018
943.572
564,763
Jaly 1 to JuneSO ... 1,293,580
ISouth.Pao. Co.a. May 7.608.720 7,469,844 2,466,008
Jidr 1 to May 31. ...85,965,497 80,562,828 25,876,698
Southern RallwaySyst
S02.373
Southern Baliw a June 3.487,650 3,359,402
July I to June aO.... 45,109,777 42,384,939 11.994,310
637,206
531,975
133,664
Mobile &Ohlo.a.. June
Jaly 1 to JuneSO.... 7,789,706 7,486,980 2,3^9,796
673.886
593,150
135,527
Cln.N.O.AT P.a.Jane
July 1 to June 80.... 6,768,744 6,156,486 1,697,421
249,459
40.769
Ala. Gt. South a.. June
260,886
624,925
July 1 to June no.... 3,099.445 2,749,819
131.143
140,468
Ga. South.AFia.aJune
22,914
415,077
July 1 to JuneSO ... 1,693,641 1,685,191
Btaten Island Railway fa
51,913
50.308 def.3.202
Apr. 1 to JuneSO...
196,Oti8
183.585 deM4,603
July 1 to June 30
Btaten Isl'd Rap. Tr. fa169,080
176.638
83.128
Apr. 1 to June 30....
624.166
282.794
662,993
July 1 to JuneSO....
Indlanap
Terre H. &
a—
494,817
491,876
119,569
Apr. 1 to June :-sO....
669.292
July 1 to JuneSO.... 2,085,803 1,906,439
Terre Haute A Peorlafa—
162.042 (leM6.551
144,569
Apr. 1 to June 30 ...
628,473
607.620
69,730
July 1 to JuneSO....
35,477
2,829
37,084
Texas Central. a.... June
601,015
185,776
785,416
July 1 to June 3o
117.049
346.031
363.915
Toledo A O. Cent. a. June
796,463
July 1 to JuneSO... 8.698,684 3,438,872
110.808
20,770
98,203
Tol.PeoriaAWe8t.bJaly
287,746
195,952
88,800
Tol. St. L. A We8t..June
eDnlonPac.Sv8t.a.June 4,617,368 4,401,662 1,860,368
July 1 to June 30... 65,279,231 60,116.954 24,781.788
47,181
58,133
17,031
Virginia A So'thw. fa June
195,517
604,536
614,859
July 1 to JuneSO....
834,258
June 2,018.188 1,709.906
Wabash.fa....
July 1 to June 30.. ..23,013,782 21,140,822 5,330,847
117.885
406,634
380,924
W.Jersey A Seash.bJune
248,183
Jan. 1 to JuneSO.... 1,775,462 1,724,883
West. N. Y. A Penn.fa—
Apr. 1 to JuneSO.... 1.308,909 1,451,617 def.58,409
802.864
July 1 to June 30.... 6,630.986 5,116,341
423,443
77,384
861,844
Wheel. A L.Erie, fa. June
4,325,283 4,234,771 1,049,983
July 1 to June SO
13,013
1,260
14,923
Wmsp'rtANo.Br.aMay
160,238
23,388
153,698
July 1 to May 81....
192,040
589,100
518,445
WisoonBlnCentr'l.bMay
July 1 to May 31.... 5,921,097 6,045,333 1,891,798
2.471
x10,921
xl0,291
Wrights V. A T<^nn. fa June
47,278
July 1 to June 80 .. xi72,561 xi74,974
69,778
566,780
564,771
YwiOoAMlSB.Val.a.June
July 1 to JuneSO.... 7,868.386 7,330,085 1,772,717
19,421
69,141
36,408
Current
Roads.
8t.Loai8 S'west.b.July 1 to June 30
8t.
LoulB Van. * T.
H.b—
July 1 to June 80
482,027
2,383.313
23,869,321
865.914
11,369,362
60.958
2,276,809
127,593
1,606.016
51,280
685.016
24.276
400,789
def.2.628
9,828
54,670
232,823
141,153
534,949
7.145
43,640
7,213
163,733
116.818
778,921
82,140
8,375
1,756,185
32.074,826
21,941
240,930
109,119
8,325,168
75,385
264,132
100,697
33,288
94,018
1,001,711
def.478
40,819
214,998
2,208,726
3,064
68,276
74,098
1,65«,925
a Net earnlngBheregiven are after dedaotlng taxes.
fetearnlngB heregiven are before delaetlng taxes
c These figures are In Mexican oorrency, and are oonTertlble into
gold at the current rate of exchange.
dNet, after deducting taxes is $137,635 and $144,060 for 1904
and 1903 respectively for June, and from Jalv 1 to Jane 80 net i>
$1,210,016 this year against $1,234,878 previous year.
e InoludeB results on Monterey A Mexioaa Golf and Cuemavaca A
Paolilo, Bio Verde Branch, etc.
f Thirty per cent of gross earnings.
K Length of road was redaoed in July, 1903, by 662 miles on aoooan|
of sale of part of the Oregon Short Line system and figures for previous
year have been revised to conform to the new basis.
1 Hoaston A Texas Central and its snbBldlary lines are inoladed
both for the month and for the period from July 1.
Buffalo A Allegheny Valley
J These figures include results on the
DlTlsion In both years.
r For Jane additional tuoome is $11,700 this year, against $4,189
From July 1 to Jane 30 additional Income this year is
last year.
$49,185 against $34,574 last year.
fa
These figures are for the consolidated company, inoladlng the
Ti/ton ThomaavlUe A Golf and Tlf ton A Northeaetern.
a Inoladlng earnings of Savannah Florida A Western in both years
and also Florida Boutheru and Sanford A St. Petersburg By. in both
years.
T For June additional Income is $13,476 this year, against $7,008
From July 1 to June 30 additional Income is $128,328
last year.
tills
year, against $161,365 last year.
" other income" for
X Includes $491
last year.
From July
1 to
June
June this year, against $472
Inoome Included, amounts
SO, other
to $5,974 this year, against $6,561 previous year.
1904, taxes and rentals amounted to $134,777,
t For June,
against $141,967, after deducting which net for June, 1904. was
From July 1 to June 30, 1904,
*1,434,738, against $1,047,755.
taxes and rentals amounted to $2,302,600 this year, agst. $2,119,324
last year, after deducting which, balance is $28,646,667 this year
against $21,793,962.
H Includes Bio Grande Western for both years.
—— —
A
AiJC.
'
.
[Bterest OUar^es and SarpUs*—The following road*, id
aldltlOD to their gross and net earnings given In the foregoing, also report charges for interest, fto,, with the surplvs
above or deficit below those charges.
,
Atlantic
A Blrm
—
J«ne
Apr.
to Apr. 30
Bronswlok A Blr..Apr.
Dea
Int.,
Rentals,
1
etc.
— r-Bal. of Net Earn'gs.—.
,
Current
Previous
Current
Previous
Year.
Tear.
Year.
Year.
^
Boads.
Ann Arbor
48,848
9.167
44,208
4.768
46.431
560,070
^
S8.646
^
q>
*df. 19.909 "01.44.443
8,668
29.168
d6f.4,114
47.967
9,557
11.167
Banf^nr A Aroost'k. June
621.283
196,344
148,376
July 1 to Jm»«30...,
509
def.63
S43
1,403
Brldgt. 4 Saoo Blv. Jmme
6.287
7.876
6,250
9.804
July 1 to Jane 80
*32.279
12,309
16,189
*30,510
Buffalo AS'squeh. June
147 904 •848,778
*384,*90
157,958
July 1 to Jnae 30
243.349
186.922
11597.087 11522.687
0«nt. of ». Jersey. .May
July Ito May 31.... 115807.829 ir5183.037 3.927.008 1.622,630
5,876
5,624
8.488
May
11,764
Oopper Range
64.625
56.771
86.126
97.974
July 1 to May 3i.
1,728
4,176
8,985
9,027
Cornwall A Lehaii..J«M«
47.440
57,088
49.467
66,398
July 1 to 9imm 3u....
jDelaware
Albany
Apr.
A HudsonA Sus^nehana—
1
to JuaeSO....
jMk Ito
Sens.
June.-<0....
A 8ar. A
- ,
THE CHRONICLE.
1904.]
2/0,
—
314.138
640.624
311,276
621,046
679,469
935,672
181,637
464,811
A41r.—
316.471 dM83.793 df.ia6.218
386,986
Apr. 1 to JWM 80....
640,321 df.484,301 df.263.221
676,603
Jaa. 1 to JwbaSO....
H. T. ACanaaa—
36,200
91,993
102,623
49,530
Apr. 1 to JmM* 80
186,239 deM4,649
88,811
JML 1 to Juns 80.... 202,934
York
State.
linei
In
Mew
>•!. Lack. A Wextem Leased
612.208
827,460 1,005.435
013,713
1 to Jaae 30....
2.438,203 2,449,664 3,046,333 1,390,106
July 1 to Jame 30
Syr. Bin« A N. Y.—
111,018
145,871
46.406
46,406
40.406
Aiir. 1 to X«M ^0....
394,436
184,514
229,633
188.481
188,481
July 1 to J«ae 30....
844,463
836,830
1 180.169
tl72,868
344,463
tDsn. AB.OrAHde.Jfay
jBly 1 to May 8L.... 8,681,699 3,604,181 t3.266,138 13.752.804
•25.784
96,083
87,856 Mf. 19,343
OtU. Bo. Bh. A Atl. Jane
July 1 to fUMSO ... 1,070,091 1,0«2,660 >df. 383451 -df.33,850
Dunkirk All. V. & ritte.—
•8,858
•14,937
2,413
2,603
Ap*. 1 to June 30....
*63,483
•36,620
13,142
13,638
Jan. 1 to IwfSO....
•35.364 •df.38,664
B58.277
a62,064
fwie
Oeorgla BB
-166,769
•182,687
a634,919 a«16.556
July 1 to Jane <$0
729
— Int., Rentals, etc. —
Bal. of Net Eam'gs.-
Current
Previous
Current
Previous
Year.
Year.
Year.
Year.
Roads.
%
South Buffalo Ry.—
•4,348
750
406
•18,908
Apr. 1 to June 30..
•23,717
12,763
1,630
•07,736
July 1 to June 30..
•117,257
Par.
62,416.379
Sys.May
I Southern
*df.2507884
July 1 to May 31. ...§29109108
Btaten Island Railway7,649
7,549 •def.4,C68 •def.4,091
Apr. 1 to June 30....
•96
81,362
32,924 •df.21,949
July Ito June 30
Staten Isl. Bap Traas.•46.625
46.931
•14,827
62,071
Apr. 1 to June 30....
•142,730
•77,104
184.726
201,666
July Ito June 80
Central
June
2,683
246
2.683
4.630
Texas
31,000
30,940
154,770
132.793
July 1 to June 30
42,404
•93,711
•73.266
49.962
toledo A Ohio C^n .June
474,660
•431,300
•317,881
493.984
July 1 to June 30....
83,063
23,008 def.2,283
9.133
Tol. Peo. A West... July
46,260
•13,262 *df. 43,800
64,021
Tol. St.L. & West. .June
WeBt.«. Y. APenn.—
to June 30
837,833
324,189 df 396,241 df 233,493
Apr. 1..^->.^
^i...
July Ito June 30.... 1.218.309 1.093,072 •df916359df 1060384
3,833
2,732 def. 1.673 def.3.210
Wmsport A No. Br May
30.678
28,660 d6f.7,l96
11.769
July 1 to May 31 ...
144,819
•61938
146,291
•70.548
Wisconsin Central.. May
•338,617
•629,988
July 1 to May 31.... 1.003,914 1.012,748
- After allowing for other income received.
t These figures are after allowing for other Income andfordlseount
and exchange. The sum of $10,000 Is deducted eyery montk Irom
surplus and placed to credit of Renewal Fund.
} Ineludes Rio Orande Western for ooth years.
(These flgnrea Include $888,723 appropriated for betterments
and additions to properties and equipment In May, 1904, and $12,891,288 durimg perlocf from July 1 to May 31.
1 1ncluded In the fixed eharges In this fiscal year are expenditures
for renewals, additions and improvements amounting to $67,867 for
May and to $011,560 for the period from July 1 to May 81.
There were ao charges to this account the previous year.
a Charges here include road- rental (paid by lessees) and other
deductions.
K These are net charges after allowing for other Income reoetved.
Texas Central and Its subsidiary lines are laeladed
1 Houston
both for the month and for the period from July 1.
A
.
Qreenwloh A JohnsonT.—
Apr. 1 to Jume 30
Jan. 1 to J«B«30...
Qnll A Ship iBl. ... Jane
July 1 to JnneSu...
June
aoeklng Valley
—
ChamplalD
Apr.
1
360
671
•8,892
•11,881
•14.376
•368,899
•224,369
•6,793
•11,426
'41,348
19,913
•433,718
195,430
•345.666
163,862
1,093,985 n.404,793 "1,804,098
17,833
26,128
21,331
102,430
268,133
214,000
•847,322
•768,434
•6,913
•11,737
*8.358 •df.59,35S
& Morlab
to June 30....
July 1 to June 30
1,371
3,453
•6.490 •def. 9,967
767
2,839 *df.l8,009 *df.ll,181
Lake Sh. A Mloh. Bo.—
•758,217
1,470,000 1,426,000 •1,000,366
Apr. 1 to June lO
5,972.925 6,006,661 *4,403,O39 •6,521,857
July 1 to June 30
•2,349,683
Jan. 1 to June 30.... 2,910,000 3,820,000 •2,360,960
Leblgta A Hudson•30.781
•13.903
42.896
34,146
Apr. 1 to June 30
•46,973
•52,809
136,031
147,674
July 1 to June 30....
•11,787
•13,497
8,593
12,897
Loulsi'naA Arhan.June
•108.643
•113.972
124,614
70,027
July 1 to June 30...
7,378
7.882
6,060
6,409
Manistee * No K..May
34,064
44.980
32,046
80,261
Jan. 1 to May 31 ...
2,788
2,677
2,876
2.878
Maryland A Pnrin..June
19.638
13,997
11,500
11.600
Mar. 1 to June 3u ...
•4,555
•1.877
9.382
June
9,982
Mineral Rangn.
110,546 >df.40,869 •def.8,887
116,827
July 1 to JaaeSU ...
63,836 df.308.681
818,841
346,933
Mo. Kan. A TexHH Jane
749,045 1,000,361
4,019,240 3,758,769
July 1 to Jaaa av
69,880
83,614
149,090
163,423
Blaabv. Uhat. HT. X.Jane
801,416
816,828
July 1 to Jane 30.... 1,809,164 1,809.361
4,126
8.338
2,192
2,163
Ifer.-Oal.-OregoD ..Jane
61,214
49,604
34,404
26,067
Jaly 1 to Jaa* 80....
—
NevadH Central—
7,048
Jalf 1 to Jaa* 30....
Kewb. D'tckesp & Conn.—
6.064
5.353
Apr. 1 to Jame 80 ...
19,483
19,616
July 1 to June 30....
T.Ohio. A 8t. L.307,926
808,484
Apr. 1 to Jaae 30....
July 1 to June 30.... 1,313,216 1,318,588
683,358
632,668
Jan. 1 to June 30....
K.T.Ont.A We8t...Jane
£86,082
s85,082 jjl00,817
Jaly I to Janaao.... g/18.87&
241,767
341,767
Norfolk A West>n....Jane
July 1 to Jaaa ao.... 3,760,399
222,002
2,671,315
•210,406
•567,812
•315,806
164.764
886,828
681,603
6,826,862
•176.092
•624,611
*352.843
129,323
800,971
634,231
8,891,980
900
•1,210
•1,042
(£794,647
to Jaae 30....
HalciKh A<.;ape H'«»r—
Jaly 1 to June 30...
Beadiug-
900
9.199
aioQrandeJoiiot.May
May
31....
BloOrandeeourh
June
Dee. 1 to
July 1 to Jaae So ...
at. Jos. A Or. Isld.. June
July 1 to Jun«3u....
Ban Fran. ANo.Pao.June
July 1 to JaJM 8u....
13,488
680.710 1,138,974
895,731
9,852,932 6.854,262 4,263,574
7.766
6,571
7,708
8,383
84,478
31,283
46,260
47,500
•12,402
15,033 •def.3,e87
18,375
•73.857
214.612 •dt. 18,227
216,616
4,114 dnf.49,708
18,689
19,558
179,U18
4,600
227,098
283,704
383,704
9,866
16.669
21,691
21,847
38,028
1,442
271,016
269,918
888,000
All ooiHpanlfi8....May
July 1 to May 31.... 9,768.000
-
0«mpaniea.
Gas Co
Buffalo
1
Tear.
$
$
$
287.996
1,142,432
120,286
469,708
113.848
409,397
7,341
50,948
8.648
26,036
2,880
13,982
28,689
160,140
337,878
25,004
153,788
306,543
7,897
47,243
119,689
2,778
61.144
103.669
16,521
232,500
24,342
96,196
16,798
327,703
22,595
90,236
6,064
90,871
12.677
44,722
60,761
415,023
8,209
73,977
11,808
43,781
42.781
371,438
327.189
12,440
Works
June
:
9
$03,430
Apr. 1 to July 31.... 1,806,212
Edison Elec. Ilium. Co. of
Brockton, Mass.. June
8.098
Jan. 1 to June3u
56,891
Co
T»ar,
9.433
233,424
to July 81....
Blver Oas
.
Current
Year.
July
Cumberland Telephone A
Telegraph Co
July
Fall
Netm<rMm««i
rrewimm
r
Year.
Jan. 1 to June 30
July 1 to June 30
Lowell Electric Light
Corporation
June
July 1 to JuneSo
Mexican Tel'phone June
Mar. 1 to June 3o
Mllwauk.OasL. Co. Jaly
Jan. 1 to July 3i
Minneapolis Qen. Electric Co.
June
44,045
40,131
20,750
July 1 to June3u
594,658
630,343
279,193
Pacific Coast Co. .aJune
691,980
678,699
170,927
July 1 to Jime 30... 5,902,973 6,606,754 1,185,029
Philadelphia Co.— See statement on page 266.
Pooahontas Coll 1 e r 1 e s
Company
June
14,031
Jan. Ito June 30....
139,132
a Net earnings here given are
18,897
231,883
184.66
1,211.977
after deducting taxes.
Interest Charges and Sarplas.
— Int., Rentals, etc. —
OompanUt.
Onmberlund Telephone
-Bal. of Net
Mam^f,-^
Current
Previous
Current
Previous
Year.
rear.
Year.
Tear,
$
$
$
A
Teleg. <'o
Jnly
Edison Elec. Ilium. Co. of
Brockton, Mass.. June
17,689
9
21,487
102.597
98,089
2,686
19,801
8,079
S.177
963
801
Jan. 1 to June 30
0,176
4,806
Gas Works
Juno
Ito June 30
July 1 to June 30
100
664
524
1,037
1,589
7,797
40,679
118.653
8.778
80,620
103,080
1.188
16,365
1,090
12.024
8,876
74.506
4,119
$1,963
July 1 to June 30....
9.383
116,956
8,842
102,881
11,417
103.337
10,066
129.368
Pocahontas Collieries
Company
June
Jaa. 1 to June 30
dl4,723
d87,195
Fall River
Co.
•821
•28.669
PeuchkMpsleA East.1
def.3,848
•1,228
•0,798
.
Apr.
—Current
dross Earnings. —
Previous
,
Oct
400
800
31,400
243,982
134,456
July Ito faMBSu.... 1,018,971
17.883
Indiana 111. & la... Jane
214,000
JalT Ito faaa30....
Rap.
Trans.
InterborouKh
Co (K. ¥. Olty) 1,537,222 1,612.663
Apr. 1 to Jaaa 30
21,600
18,364
Kanawba A Mtob... June
248.041
198,484
July 1 to Jane bO
L.
Miseellaneons Companies.
Jan.
Lowell Electric
Corporation
Light
June
July 1 to June SO
Minneapolis Oen. Electric
Co
June
def. 691
41,987
d Charges include sinking fond and preferred
....
dividend.
STREET RAILWAYS AND TRACTION COMPANIES.
Latest
Gross
EAUIIHOa.
Albany
A Hudson
erot$ Mam%ni;$
WsskorMo
Our'nl
Tear.
9
21,73P
I61.30r< 144,466
44,118
29.120 36,202
65,940 38.718
9
...
June
Aoaerloan K'ys. Co U July
Anr. Elgin A Ohio. Ry Jnue
Blaghamton Ry
July
Boston A Worcester.. Jnly
r«or.
26.618
an 1(0
I,auii Date
Ourreni
frtwtOHS
Tear.
Tear.
»
124,234
80^.082
181,8^0
143,728
8
116,683
749,888
188,887
—
1
...
..
......
.. , ..
.
THE CHRONICLE.
730
iMutt orot$ Jtamingt.
QaOBB
CA.RtnMOB.
Week or Mo
Tear.
BnrllnKt'n (Vt.)Trao. Jaly.,
&
Oas
Eleotrlo..
Cent. Penn. Tract.
. .
Jane
Jund
ChloaKO&Mil. Eleo. July..
ClUO <&Oak Parli...c Jane
Dajton <k Tol.Tr. Jnne
Oln.Newp. &. CovlnK.
Light A Traction... May.
.
Oln.
.
&
500,621
469,140
44,787
47,485
9,132
43,692 255,294 240,687
91,403
19.765
94.760
44.^60
43.735
12,581
93,506 2,614,019 2,557,671
381,692
13,209 379,091
594,218 471,233
85,288
42,545 218,88b 211.089
Detroit United Ry..n Istwk Aag 97,20(1
Dnlnth Street Ky .. 2d wk Ang 13,866
116,108
East St. Lonls & Sab. June
39,944
Elfi^n Aurora & Son.. Jane
Ft.
41,802
287,036
123,250
394,841
233,321
7.86h
60,542
22.364
12.374
Wayne & Wabash
Havana
June
231.987
50,926 258,911
Elec. Ky. Co. WkAug.l4 184,210 129,871 11,030,477 1891,088
Valley Traction..
HonolQln Rapid Tr.
Jane
Land Co
HoaKhtOB Co. St. Ry. June
Houston Eleo. St. Ry. April.
16,93 ^
32,049
75.438
21,862
Illlnole Traction Co.. April.
Indlanap. & East. Ry. July.
Indlanap. ik Martin•ville Rapid Tran.. July..
Intemat'l Tract. Co.
12,698
May..
Jacksonville Eleo.Co. June
Kansas City Ry.<fe Lit. June
Lake Shore Eleo. Ry June..
AprU.
liAhlgh Traction
System
24,325
59,596
10,489
June
(Wis.) Traction. July..
Met. West Side Eiev.. J»ly..
&fU.£leo Ry.&Lt.Oo July..
lfm.Lt.Heat&Tr.Co. July..
Montreal 8tre«t By.. June
Mttncle Hartford A
July.
Ft. Wayne
Moak. Tr. & Light. Co.
Street Ry. Depart.. Jane
Eleotrlo Light Dep. Jane,
Jane
June
July..
July..
July..
May..
April.
Jane
May..
AtflUated Corpor»s. June
Plttebnrgh MoKeesport & Greensb'g.. June
July..
July..
Light Co's
Rochester Railway ..
Rookford Belolt <si
JanesvlUe
St. Joseph (Mo.) Ry.
Lt.HeatA Pow.Oo.
St. L0UI8 Transit
San Bernardino Val.
July.
Co
271,003
40,648
259,903
38,165
8,617
2,504
2,961
6,343
8,467
2,543
3.094
5,861
36,634
16,764
21,463
22,689
37,968
18,882
22,556
21,382
65,107 55,026
9,627
9,061
95,881 95,766
52,281 42,548
94,264 92,059
113.897 105,370
7,876
6.270
9,098
11,620
7,911
9,308
298,688
81,362
492,966
311,216
745,411
371,612
71,173
484,748
249,487
718,513
38.866
48,803
39,014
23,518
44,420
1,187,318 1,310,889
PottsT. Union Tract.
Bys CcGen.— Roads.
Tract.
56,823
9,911
99,300
& Lt. Co.
June
116,574
14,346
Oas Departmeut... Jane
V'*w London 8t. Ky.. May..
Railway
City Gas Co..
Nor. Ohio Tr. & Lt. Co
Northern Texas Trao.
Northwestern Elev..
Oakland Trans. Cons
Olean St. Railway...
Orange Co. Traction.
Peeks. L't'g&RB. Co.
Philadelphia Co. and
139.325
1,958,954
19,004
.
18,351
22,800
42,1.^7 35.878
1.895
1,994
129.475 105,861
15,875
23,432
.
Jnne
11,878
Jane.
June
7,928.694 7,728,567
68,644
111,802
183,619
13,860
708,158
65,967
106,773
175.294
13,351
602,866
5,348
Sao Paolo (Brazil)
Tram. L't & Po. Co. July
106,000 100,587
Savannah Elect. Co. Jane
49,5 1
46,104
Soranton Railway... July
86,052 80,087
Tune
191.4-5
175,513
Seattle Electric Co. ..
Soath Side EleTated. July
108,343 118,164
1,571
1,472
Sprlngfl'd A Xenla Vt Wk.Aug. 7
Syraoase Rap.Tr Ry Jane
78,084 65,644
Tampa Eleotrlo Co. June
28,141 25,553
Terre Haate Eleo.Co. June
47,654 88,485
Tol. Bowl.Qr.& So. Tr. June
23,545 S5,638
Toledo Rys. & Light. July
158.377 158,224
Toledo A Western..
Jnoe
19,60
15,994
Toronto Railway
WkAug.l4 45.922 41.288
x'wln (3lty Rap. Tri.n. Istwk Aug 84,722 82.604
Onion (N. Bedford).. May
30.720 3-^,109
United of San Pran.. June
5241013 488,113
Wash. Alex. <& ML V, July
19,660 20,152
Vonngstown-Sharon Jnne
37,342
.
.
.
I
I
258,645
488.648
1,122,610
907,0S7
32.323
414.002
172,698
259,855
124,32.=!
984.236
97.933
239,406
460,919
989,457
904,878
82,713
382,075
145,891
207,813
183,710
925,402
1,423,633 1,253,115
2,527,205 2,363,9*9
133,903
133,592
8,211.948 2,966,670
131,649
139,133
224.268 246,182
Spanish silver.
These are results tor properties ovned.
Street Railway Net Earaimgg.—The following table gives
the returns of Street railway gross and net earnings received
this week. The last general summary which we furnish once
a month, and in which we bring together all the roads from
which monthly returns can be procured, was given July
80, the next will be given Aug. 37.
Soada.
Blnghamton Ry.b..Jaly
Jan. 1 to .July 31
Oct. 1 to July 31....
CleTeland Southwest'n—
Traction Co
July
Jan. 1 to July 31
Ov.rrtiU
Year,
Previous
$
$
Light Co.. b
,
Year.
^
July
Mnncle Hartford
Waynea
Year.
Tear.
$
$
$
$
,
114,377
192,088
21,682
116.840
32,892
178,752
9,689
68,678
94,904
161,826
16,731
76,579
82,726
166,353
10,180
62,248
281,299
268,975
1,699,162
147,322
877,257
138.874
834,947
49.383
229,040
33,078
121,708
29,129
108,678
11,381
8,968
20,125
2,196
5,962 def.16,010
11,118
8.202
64,460
34,837
13,230
14,284
69,681
62,87»
4,501
5,452
25.732
21,069
A
Fort
July
19,004
99,300
14,846
95,881
493,966
10,916
11,620
113,630
76,698
86,058
488,648
158,377
984,236
96,766
484,748
10,076
9,098
103,825
71.842
80,087
460,919
153,224
925,402
Jan. 1 to July 31....
North. OhloTrao.&Llght
Oo.a
July
Jan. 1 to JtOy 31 ...
Orange Co. Tract. ..May
Month of June
July 1 to June 30...,
of July
Jan. 1 to July 31....
Toledo Rys. AL'ht.a July
Jan, 1 to July 3l....
49,497
48,508
217,332
4,711
3,043
27,111
87,659
46,329
205,950
80,557
449,452
47,796
214,984
3,887
2,866
36.346
31.672
39,314
193,061
77,724
448,696
a Net earnings here glyen are after dedaotlng taxes.
b Netearnlngahereglven are before deducting taxes.
n These
earnings Inolade the Detroit United Ry., Detroit
A
Fort
Haron Shore Line and the Sandwich Windsor A Amherstborg By.
Interest Chargreg and 8«rplii8.
—
J
Detroit United By.
Int.,
Rentals,
etc.
— ^Bal. of Net Eam'gt,^^
.
Current
Previous
Current
Previous
Year.
Year.
Year.
Year,
$
$
$
$
n (all
properties)
July
Jan. 1 to July 31....
89,816
623,261
84,621
675,886
*119,602
*325,863
•119,599
*445,685
Hudson Valley Ry—
Apr. 1 to June 30....
Jan. 1 to June 80....
Ind'p'UsA East. Ry. July
Jan. 1 to July 31...,
Lexington Ry
July
Jan, 1 to July 31....
Milwaukee Eleo. Ry. A
UghtCo
Jaly
Milwaukee Lt. Heat A
Trao. Co
July
.Tan, Ito July 81 ...
Mnncle Hartford A Fort
Wayne
Jaly
Ito July 31....
Northern Ohio Traction
July
& Light Co
Jan. Ito July 31....
ScrantonRy. Co.... June
Month of July
Jan,
Jan. 1 to July 31....
Toledo Bys. ALt.... July
Jan, 1 to July 31...,
*
61,328
120,779
4,167
29,167
6.611
38,931
44,587 *df.38,102 •df.27,249
88,116 *df. 110943 'dt 88,797
2,917
6.951
5,285
16,042
25.293
18.296
7.619
5.412
8.872
87,165
25,214
20,650
77,706
521,211
75,383
499,830
•71,378
•365,164
*66,015
*343,130
18.874
113,175
15.437
93,617
*14,199
'S.SOl
•13,705
*15,084
4,000
80,000
22,826
158,526
18,261
18,486
128,608
41,186
291,535
7,381
19,497
22,807
154,831
19,786
19.786
138,501
41,790
288,860
25,682
58,807
19,398
26,843
77,342
89,371
167,917
24,989
60,153
11,886
19,538
54,650
36,934
164,836
After allowing for other Income received.
n These
earnings Include the Detroit United By., Detroit
A Port
Huron Shore Line and the Sandwich Windsor A Amherstburg By.
ANNUAL REPORTS.
—
Annual Reports. The following is an index to all 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 inclade reports in to-day's Chroniolb.
RAILROADS, ETC.—
Railroads. Etc.—
Pave.
Page.
Baflalo Boch.
&
625
PittsburRli... .678. 684
Calumet & Hecla Miuine
Canadian Pacific
4fl«
•59
620
Central Oil
679
CnlcadO & North West
Century Realty (bal. »h. July 1)... 625
Metropolitan Coal Co., Boston
499
(balance sheet April 30)
6iJ4
Norlolk & Western
198
f'acldcMall SS. Co
Pfl.ster & VoRel Leather (balance
625
sheet Apr.S )
679
Pocahontas Collieries
683
Soutberu Kullway
Missouri Kansas
-Xel Earnings.Cnrreii'
Previotu
Year,
Year,
$
Net Earnings.
Vurrent
Z rev tout
Year.
Jan. 1 to July 81.... 1,812,617
Milwaukee Light, Heat A
Traction Co. b-... July
53,998
Jan. 1 to July 81....
249,610
American Glue
c Reenlts for main line.
n These earnings Inolade the Detroit United By., Detroit A Port
Uaron Shore Line and the Sandwich Windsor A Amherstbarg By.
— Oi-oss Karaiiigx. —
b... July
Jan. 1 to July 31...,
Madison Traction.. July
Jan. 1 to July 31....
Milwaukee Elec. Ry. di
Jan. 1 to July 31...
13,200
10,174
Lexington Ry.
Roads.
61,129 51,.»i91
984,644 639,705 5,232,080 4,107,169
July..
Apr. 1 to June 30....
Jan. 1 to June 30....
Ind'p'lls& East. Ry. July
Jan. 1 to July 81....
Month
20,359
.
Tear.
Hudson Valley Ry.b
ScrantonRy. Co....June
46,751
46,171 298,708 321,348
81,798
76,681
11,941 11,727
178,762 16,'!i,858
32,892 32.725
75,569
78,491
19,23? 16,224
52,248
58,578
9,680 10,180
158.320 158.188 1,221.648 1,196,000
281,299 268,975 1,812,61 1,699,162
240,510 829,040
53,99!" 49,383
232,610 109,377 1,176,487 1,040,295
.
July..
Mad.
Norfolk Ry.
134,576
90,279
125,075
242,033
76,579
11,613
.348.029
.
Jane
June
163,053
89.912
116,060
309,386
116,840
38.S,691 327,126 1,544,739 1,481,931
(Botfalo)...
Lehigh Val. Trao. Co.
Street Ry. Dep
Electric Light Dep.
Lezlngton By...... ..
L^ndonSt. Ry.(Can.)
21.504
16,417
32,539
58,527
16.731
27,71.'3
<fe
.
Roads.
8,764
8.483
321,264 222,288 1,852,536
48,823 45,476 246,372
S2,228 29,629 215.478
61,830 63,243 389,290
43,670 46,496 218,706
Llcrbt
Oltlzene' Ry.
(MofioatlBe, lows).. Jane ......
C31eve.<fe 80. W.lT.Co.. Jaly
Oleve. Pains V. & E... Jane
Dart. & Wport St.Ry. May
Gross Earnings. —
—Current
Previous
.
S
44,233
107,061 100,891
(Vol. Lxxix
[Jan. 1 to Lautt Date
Prtt'ui Ourreni
Tear.
Tear.
C/Mr'ni
9
Oal.
J
{Statement for
TeruilnHl RR. Ass'n (stateiDeat to
N Y. Stock ExchauKe)
490
United Uas Imp't Co. (capitaliza498
tion, etc., of ciperaiiBn cos
Unilea States Steel Corp. (quarter
and half-year)
497
Westintfhouse Elec. & Mfg. (official statement Aug. 2)
624
Strckt Railwats.—
Brooklyn Kapid Transit
624
ChicHKO Union Tractlo* (receiver's reoort)
810. 624
Philadelphia Co. of Pittsburgh
867
(balance sheet Mar. 31)
& Texas Hallway.
the year ending
June
SO,
1904,
29,120
142,723
197,408
26,202
136.287
187,661
16,626
63,532
88,019
14,913
61,864
83.744
results for the late fiscal year compare as follows:
1903-04.
1902-03.
1901-02.
1900-01.
$17,766,595 $17,208,193 $16,391,400 $15,403,088'
Gross earnings
Oper. exp. A taxes. 12,997.709 12.449.033 11,871,565 11,134,148
50,642
256,294
43.692
240,637
23,879
84,156
21,163
97,119
Net earnings.... $4,768,886 $4,759,110 $4,519,835 $4,268,936
a,758,769
3,507,167
4,019,239
3,644,709
Fixed charges
Detroit United Ry.n (all
462,998
properties). a
July
Jan. 1 to Jal7 31.... 2,516.810
452,677
2,464,166
206,047
924,843
201.466
996,466
9
The
Balance, ear..
79, p. 269.
-V.
$749,647
$1,000,361
$876,126
$761,779
.
.
Aug.
THE CHRONICLE.
20, 1904.]
results for the year
ending June 30 compare as below:
1S02-3.
1,291
1903-4.
1.303
No. miles operated
19001.
1901-2.
1,2|3
1,276
Operexpensle
7,649,485 7.278,575 7.267,260 7,387,174
5,421.597 5,256,168 5.173. 067 4,632,892
NetearnliiKS
Other iDOome..
2,227,888 2,022,411 2.094,193 2,754,282
182.602
90,469
89,019
82,196
Total income
2,318,857 2,206,013 2,188,212 2,836,477
OroBP earnlnee
800.000
504,600
14,000
130,460
174,615
25,000
131,413
on let M. bonds
on con. M. bonds
on Dal. br. M
on 2d incomes
Taies.
Int.
Int.
Int.
Int.
Eaolpmenipavments
Rentals and mlscel
LoniSTille
The
800,000
400,000
195,619
385,413
59,143
380,000
166,771
268,825
66,907
& NashTlUe
Railroad.
HAKimCGS AND XFINBBB,
1901-02.
1902-03.
190304.
$
$
$
years,
190001.
$
St.
Lonls Ry.
past:
1903-04.
1902-03.
1901-02.
1900-01.
$10,206,022 $9,606,370 $7,992,530 $7,620,128
Gross earnings
expenses
7,681.030
6,995.604
5,622,114
6,111,126
Operating
$2,610,766 $2,370,416 $2,509,002
$972,827
$992,279 $1,022,350
210,646
209,134
204,678
626.878
625,878
625,878
Net earnings.... $2,624,992
$958,271
Interest
225,014
625,878
Taxes
Rentals
$801,415
$810,829
Balance, sarpias
—V.
$661,640
$547,581
78, p. 229.
& Arkansas Railway.
{Statement for the year ending June 30, 1904, J
The
were as follows:
190304.
190208.
148
127
$704,671
$532,534
results for the fiscal year
Average miles operated
* 1901-02.
371,707
97
$478,631
296.575
(68-51)
(69-80)
(60-98)
(61-77)
$214,400
24,186
$160,828
17,842
$182,956
Total net income
$238,586
Fixed charges and other dedaotions 124,614
$178,670
70,027
$182,966
33,001
$108,643
$149,955
Gross earnings
490,271
Operating expenses and taxes
(68-23)
Per eent of expenses to earnings
Per cent of exp. and taxes to earns. (69-57)
Net earnings
Other income
compared with previous
results for 1903-04,
&
{Statement for the year ending June 30, 1904.J
The following is a comparative statement for four years
Louisiana
year ending June 30, 1904,J
the
were as follows:
5 1,228
800,000
14,848
1,779,989 1,640,638 1,855,023 1,661,503
564,375
328,190 1,174,974
638.368
Total payments
Bal. over aii payments
—V. 77, p. 2160.
{For
800,000
493,700
3.600
130,460
161,760
731
NasbTille Chattanooga
Louis Soathwestern Railway.
fStatement for the year ending June 30, 1904 J
St.
The
.
Balance, surplus
$113,972
company.— V.
35,449,378
80,712,267
28.023,207
*BeiBlt8 in 1901-02 were those of railroad, (old)
1907.
23,970,813
20,902,438
18,233.034
Net earnings
11,802,246 11,478,665
Per oent of expen. to
9,809.819
9,789,173
Manhattan Railway.
{Report for the year ending June 30, 1904. J
The results under the lease to the Interborough R. T. Co.
have been as follows:
36,943,793
•rose earnings
Operating expenses,
exclading taxes.. ..25,141,648
(6805)
(67-62)
(68-06)
1,635,154
1.122.493
1,001,022
704.688
13,437,399
12,601,058
10,810,841
10,493,801
921,700
5,347.297
265,931
146,600
67,700
844,474
4,918,145
266,931
144,400
89,905
127,155
8,000,000
832,074
4,708,345
278,673
141,100
71,878
58,464
2,875,000
813,638
4,871,693
380,143
128.900
66.110
53,464
2,695,000
9,390,010
3,211.048
8,960,634
1,850,307
8,907,748
1,586,113
earnings
Income from
Total income
Disbursements—
Taxep
Interest
Rents
Sinking
f and (net)...
ToS. &N.
(6507)
invest.,
Ac
rents,
A
Mlsoelianeons
Dividends (6 p.
c.)
.
..
8,000,000
""" Total dlsburs'ts.. 9,749,228
Balance, snrplns
3,688,171
—V. 79, p. 681, 209.
New York Ontario & Western Railway.
{Statement for the year ending June 30, 1904.J
The
results for the fiscal year
1903-04.
S
were as follows:
1902-03.
190102.
S
ft
190001.
s
Gross earnings
6,652,483
Oper. expenses and taxes.6,072,936
6,176,518
4.657,087
6,456,696
4,167,754
5,322.883
3,777,137
Net earnings
Other income
1,679,547
471,647
1,619,431
401,937
1.298.942
511,975
1,545,746
417,244
2,051.194
1,164,366
2,021,368
1,160,397
1,810,917
1,161,958
1,962.990
1,083,759
886,828
860,971
658,959
879,231
j
Net income
Interest, rentals, etc
Balance, sarplas
-V.
79, p. 103.
Bnffalo
& Snsqaehanna
of the Buffalo
Company for »he fiscal years ended June 30 (subject to
slight changes in 190S-04 upon final auditing) are as follows:
1903-04.
190203. 1901-02.
172
Average miles operated
172
172
Gross earnings
$963,170 $1,000,762 $835,748
Operating expenses and taxes
478.479
630,328
568,293
Per oent of expenses to earnings
(54-67)
(62*42)
(56 17)
(57-25)
PercentofexQ. and taxes to earns... (6544)
(56-79)
$832,842
173,894
$432,459 $357,269
100,33537,672
$606,736
$332,794 $894,941
Fixed charges and other dedaatlons.. $167,958
Dividend on preferred stock
120,000
Dividend on common stock
176,900
$147,904 $149,726
70,983
178.900
175,900
Balance, sarplns
-V. 78, p. 2383, 2389.
$188,007
Total net Income
Deduct—
ealf
$62,878
& Ship
Gross earnings.... 14, 187.683
Operating expen.. 5,846,052
12,208,337
5,460,794
10.665,911
6,618,585
9,416,888
5,258,230
Net earnings.. 8,341,681
Otherlncome
341,505
6,747.543
346.869
8,147.3'26
625,800
4,163,658
836,384
8,683,188
2,880,909
7,094,402
2,820,859
5,778,126
2,699,671
5.000,042
2,677,706
Total
Fixed charges
Balance
Dividends
5,802,227
4,273,544
8,078,455
2,322,335
(7)3,876.603 (6%)3,546,000 (4)1.920,000 (4)1,920.000
Surplus
78, p. 1781.
$69,316
Interhorongh Rapid Transit Company.
{Balance Sheet of June 30. J
The company's only earnings are at present those of the
Manhattan By. Co. given above:
BALANCB SHEET
1904.
Ataets—
I
Cost of lease and
equip, of 8UbwaT.l5, 380.107 5,378.357
Stocks and bonds
15, 565,118 18,527,86fl
of other cob
Oth. perm, invest's 1,.150,316 1.738.341
Supplies on band..
896,847
650,>»1
Due on traffic
Due on open accts.
Caih on hand ....
Loaned on collat.
fd..
-v.
were as follows:
1903 04.
261
Average miles operated
Gross earnings
$1,829,816
Operating expenses and taxes
1,229,286
Per cent of expenses to earnings.
(65-56)
P. ot. of exp. and taxes to earns..
(6702)
Net earnings.
$600,681
11.800
Other Income
Sarplns
-V.
79, p. 161.
143,000
.018.812
f4,721
68.816
io,8ee,a48
1,015.000
4,018,811
6.748
and premium
64^,602
on capital stock.
Taxes In litigation 918,605
Profit &I0B8 (snr.) 1.773,060
Int.
9,!i37
.40,8S 3,852 37,180.852
I
Total
190203.
251
$1,705,047
1,079,618
1901-02.
.40.983,862 87.180,853
Matlonal Enameling & Stampin^r Co.
{Report for year ending June SO, 1904.J
The results for the year ended June 30, 1901, compare with
those for the years 1902-03 and 1901-02 as below:
1903-04.
1901-02.
1902-08.
charging cost
of materials, wages, salaries,
selling exp., taxes, operating
expenses, bad debts, Ac.
$1,528,366 $2,244,472 $2,566,818
Deduct
Remuneration of oflioers, &o
$134,161
$95,000
S135,493
Repairs and renewals, &o
4'>0,694
362,244
379,290
Interest
121,109
142,633
117,229
Prop'y accounts and miscellan's. .
139,310
54.434
94,435
Gross
profits, after
—
Total
Net
$846,511
$644,311
$726,115
$884,055 $1,519,357 $1,720,307
$587,762
$537,76-3
$598,262
463.254
617,672
623,672
profits
Unappropriated profits
251
$1,374,684
940,514
(63-32)
(67-06)
(68-49)
$625,429
$434,170
(61-<J8)
3,719
,
$612,381
243,982
$368,899
$1,205,434
1904.
$629,148
195,430
$433,718
$Z58,H59
1903.
Atttti—
Plant. Kood Will
etc
23,7»».256 23,324,165
Materials and supplies.
3,990.688 4.247,460
bills
Paym'tslnadT'ce.
Miscellanooas
Cash
Total
-V.77.
p. 403.
83»,754
71.f83
$313,923
1,279,707
$1,693,630
$1,005,751
BALANCE SHEET JDHB
Accounts and
$434,170
175.311
371.073
163.CO0
e47,32«
78, p. 2384.
receivable
Fixed charges
u.ins
782,^71
2,,43J!,770
.TUNB 30.
1904.
1903.
Liabmtiest
S
35.COO.000 35,000,00«
Capltal stock
Int. on bds. Manh.
288.4B7
295,209
Ry. due & accr'd.
fl3.003
Sundries
7,638
382.323
Man.Rf.leaseacct.
430,»20
699,740
Dividends unpaid.
132.162
Due for wmkcs.
04.703
SuDPlies.taxes. etc.
473,723
2S7,6t4
Due COS.& indlvid's
9,48a
10.085
1003.
$1,221,984
Surplus
def.$337.879
Brought forward from prior year 1,343.630
30, 1904, J
402,386
1,153,455
Island Railroad.
results for the fiscal year
Total net income
727,544
1,^25,724
-V.
Divs. pref. stock (7% per annum)
Dlvs. com. stock (4% per annum)
{Statement for the year ending June
The
1900-01.
Total
& Susquehanna Rail-
road
Net earnings
Other Income
1901-02.
Prepaid Insurance.
Sundries
{Statement for the year ending June 30, 1904. J
The income accounts
v
1902-03.
1903-04.
Manhattan gu.
Railroad.
78,
(<»B,2.19
60.1' 5
lH.6fl7
11,486
678,666
3 9,80S
.2«..S80,V3 t8.818.8e0
$1,051,016
$669,291
1,110,417
$1,779,708
30.
1903.
1904.
S
tinhUUUnProf. stock Ismiod. 8.546,600 8,!l»^.O0O
C!nm. stock Ipsuod. 16.691. "00 16,441.800
Monnngo debt .. •Z 000.000 2,949.000
828..S80
Hills * acftH. pay. 1.147.8H5
760,000
600.000
Kesiirvn account.
!«,8.19
37,«8»
Aocni«iI Interest.
aOi.*84
301.360
DIT. pur. July 1...
l,Ou6.761
1,598.630
Ritlanoo
ToUI...
.89.880,363 8B34B,i60
—
THE CHRONICLE.
732
Chesapeake & Delaware Canal Co.
Report
for the year ending May SI, 190^. J
f
The 86th annual report. siRned by President Joseph E.
Gillingham and Secretary Uoleman L. Nicholson, says:
oapaolty will allow, the oanal has been maintained In a
oondltloB to meet the requirement* of the trade. Th««e reqalrements
make a oontlnnally Inoreatlng demand, not so mnoh beoanso of an Inoreaae of total tonuaKe as from the greater oapaolty of the vessels
rendering neoeesary a greater width of channel and the ute of the extreme depth the locjks will permit. Daring the winter the looks at
Chesapeake City and 8t. Georges and the machinery at the water
works were thoroughly repaired. Blxty-flve hundred lineal feet of the
hanks have been refaoed with stone and sheet piling and 937 liaeal
feet of whartlng rebuilt.
The extraordinary severity of the winter olosed with loetheap
preaches to the oanal, and for 67 days prevented the passage of any
trade; the longest closing In a reoord of 36 years; the average for 48
years has keen bat 14 days. Notwithstanding this long cessation of
traflio and the increased expenses, the net earnings for the year,
althoagh not fully meeting the interest, show an lncrea»e of $9,600
orer those of the prevloas year, and the tonnage an Increase of 51,109
gross tons.
•142,861
Revenae from tolls for the year ending May 31, 1904
389
Interest on deposits and telegraph line
1,795
Use of eompany's dredger, etc
1,344
Rents of property on line of canal
3,233
Inoome from contingent and special land
So far as
Ita
AM—
$149,6»7
51,035
104,118
Total revenue
Maintenance of canal and other expenses
Inter«st on mortgage loan ($2,002,950) at 4 percent
Deflotec^
$5,816
BALANOB BBBKT MAT 31.
LiabUiiitM—
9
A9$eti—
Cost of oanal
3,989.365
Beal estate line of oanal
29,772
Investments for contingent fund
56,281
Profit and loss
465,173
Aooonnta receivable
Cash
$
OapUal stock and
Mortgage loan
scrip.. I,90;i.a38
2,602,950
x56,281
362
Contingent fund
Interest uncalled for
4,S8 5
17,965
Total
4.562.831
Total
4,562,831
loslndei: I>oan Chesapeake & Delaware Canal Co.. $13,597: sreneral mortfage rhiladelphia & RcadlnR RR. Co.. $6,000; stock Philadelphia & Keadine
LK. Co.. $4.8 0; loan Iiehigh Coal & Navigation Co., 4^ per cent, llO.dOC; stock
Lehigh Coal & Navlnation Co., 110,000; real estate in Philadelphia, tll,8b8.
Total, $66,a61.-T. 77, p. 39.
X
Canadian General Electric
Co., Limited, Toronto.
fReport for the year ending Dec. 31, 190S.J
The report, issued some time ago, is sierned by Pre3ident
W. R. Brock, who says:
As will be seen, the profits for the year were $512,211, out of which
two half-yearly dividends, amounting together with Interest paid to
$309,031. were paid. Of the balance, the sum of $103,132 has been
wrltt«n-o» for depreciation, $100,000 transferred to reserve and $j7
added to credit of profit and loss account, which now stands at $80,770. To the $100,000 carried to the reserve fund from manufacturing profits, the sum of $277,770, being premium on new share capital,
has been added, making a total addition to the reserve fund during
the year of $377,770. The reserve fund Is now 81.161,770 plus $100,OOO at credit of contingent account and $80,770 balance at credit of
profit and loss, making the total surplus $1,345,540. Daring the year
the purchase of the Korthey Company was completed, and In payment therefor the company has guaranteed payment of 5-year first
mortgage bonds of the Northey Company to the extent of $160,000.
EAKNDfGS AND BXPBN8B8.
on operations
Premiiun on new stock
Profit
Total
1903.
1902.
$512,211
$486,863
1901.
$34fN,990
195,000
$512,211
:
$436,863
$640,990
Dtdumt—
Interest
Dividends (10% on com..
Contingent fund
Reserve fund
6% on pref.)..
$39,753
269,278 $213,739 $167,599
100,000
100.000
100,000
100,000
Total
$409,031 $313,739
Transferred to profit and loss
$103,180 $123,124
AB8BTS AUD LIABILITIES DEC. 31.
1903.
1902.
346,600
310,000
PeterW'o and
treal
r.
Mon-
plaat,
VOQBtry
Pat's
aad
& drav.,
Co.. 2,485,674 1,397,952
I'eter-
bor* au« .Mcntreal.
80,000
60.000
ck tools, Pelerboro aa« Montreal. 373.597
272,026
Mach
Oath
Aacts. r«t«lrable
...
6,106
777.787
23,B17
Notes reoa Table.
Brantf* -I. Kj. kds. 120,000
Cam. riandrriiack. 200,220
Merchan. UiTentor7.l,826,«20
Bcpen on «oat'«. not 6fl.006
7.962
lasar. «n«xpiie«
Votat
— V.74. p. MO©.
stock
Preferred aiook, 6
17,012
771,H8»
48,281
IZn.OOO
2WU,220
916,318
68,101
7,000
..6,801,970 4,138,694
office building
:ioo,ooo
300.000
946,666
263,733
20,000
Reserve fund
Contingent account.
and
count
Total
loss
$
p.
Canadian Bank of
Commerce, current 767,183
Canadian Bank of
Commerce, special. U3,80O
Northey Co. mortgage bonds
160,000
Mortgage
payable,
Profit
1902.
2,668.900 2, 125,000
payable...
Canada
No» aeT Mfp.
I
Com men
c- cum. (call 106)...
Accoants and bills
•At.ftk'ldei,
porcelaia and carbon works, Ifas»a«
Pow.
1908.
lAdbmties-
Atsett—
Pateats 8t «oatraets
Faotorr plantt, Incl
$367,599
$173,391
365,263
99,976
lOu.OOO
20,000
787,000
100,000
80,770
80,727
1,1«4,77<I
ac-
6,301,879 4.188,694
GENERAL INVESTMENT NEWS
SAILR0AO8. INCLUDING STREET B0AD8.
Atlantic Coast Line KVi.— Acquisition—^&q Jacksonville
belovr.— V. 79, p. 500.
Baltimore & Southern RR.— Foreclosure SaZe.— The road
was sold under foreclosure on Aug. 15 for $50,000 to Morris
A. 8oper, reprepenticg Edward Lauterbach of New York, who
held the $55,000 outstanding bonds. Oa June 1, 1904, the
stockholders voted to issue $60,000 of 5 per cent bonds, of
which $55,000 were to be used to pay off the old bonds mentioned, but none of these, it seems, have been issued.— V. 78,
& Southwestern RR.
p. 2411.
& Northern
Boston
ohu«ett,9
[TOL. LIXIX.
Electric
Chronicle.— V.
Street
By.— Jfortga^e.— See Massa-
Companies on page 681 of
week's
last
78, p. 188.
Bristol (Coin.) k Plalnville Tramway.— Stock. —The
stockholders vo'ed on Aug. 15 to increase the stock from
$160,000 to $250,000. The company has been making many
improvements, baa completed a new car barn, opened a line
to Terryville and made a survey for an extension to Thomaston in the Naugatuok Valley.— V. 77, p. 694.
Baffalo & Sniqaehanna RR.— .Bonds CaZZed.— Eighteen
of the 1st mortgage 5 p. c. bonds of $1,000 each and one of
$500 have been called, and will be paid at par and accrued
interest on Oct. 1, 1904, at the office of Harvey Flak
Sons,
New York
&
City.
i2eport.— See page 781.—V. 78, p. 2883.
Callfurnla Was k Electric Corporation.— 5foc* 0§tred,—
A circular has been issued offering the stockholders tne right
to subscribe pro rata for $861,500 treasury stock at $50 per
$100 share— about the present market price. Tbis will increase the amount outstanding in the hands of tke public to
$10,000,000. -V. 78, p. 1906, 1391.
Chlea|ro City
Ry.— Proposed Ordinance. — The committee
on local transportation has published the
proposed ordinance under which the company would receive
a grant for 20 years and surrender all rights derived from the
99-year Act or any other grant by the Legislature or City
Council, with the right on the part of the city or another
corporation designated as its licensee at the end of 13 years,
or any subsequent year of the grant, to purchase the tangible
property at its fair cash value, exclusive of earniog power or
franchise value, to be fixed by three appraisers. At the
termination of the grant, if the city does not exercise
the option to purchase, it shall require the corporation
receiving a grant to operate in the streets occupied by the
company to purchase on the same terms above specified. A
number of the provisions of the ordinance were indicated in
the report of the committee referred to last week. Other
important provisions are:
The property la not to be sold or leased or consolidated directly o
Indirectly with any other company aave by consent of the city, nor
mirtga^ed to secure bonds rnnnlng more than 20 years or without a
of the City Council
privilege of redemption at the end of 18 years. Operatic* by cable la
to be entirely abaadoned and electricity substituted as the motive
power. Underground trolley from Eighteenth St. north to the river,
universal tranafers over the company's lines in one general direction,
and from the latter to those of other companies adjoining, affording a
ooDtlnnous trip in the same general direction from any of the three
natural divisions to any other. Fare, 5 cents per passenger over 12
years, 3 cents between 7 and 12; children, free.
Many provlsioni for re arrangement and improvement of tracks,
loops, terminals, oars, etc. Requirement that the company shall fill,
grade, pave, keep in repair, sweep, sprinkle and keep clean the portion
Complete supervisory control by the city of
of the street occupied
the operation of the system.
In case of default In any of the obligations asstuned nnder the ordinance for 6 months (except when oansed by nnavoldable accidents,
strikes or Injanctlons), the City Council may declare the grant forfeited but 6Uoh default shall not prevent mortgagees from recovering
by foreclosure. If the city constructs subways north of Twelfth St.
the company shall use the same, paying a reasonable charge to be
determined by arbitration. The system is to be extended as required
by the Council at the rate of not more than 8 miles of doable or 6 miles
of slagle track per annum.
Mayor Harrison on Aug. 13 issued a proclamation to the
citizens of Chicago, saying in substance:
I believe that the proposed ordinance is the best practical Bolatlon
of the traction question. It solves the question of Immediate improvement of the service and at the same time, by securing a waiver of tha
S9-year claim, avoids expensive and protracted litigation and opens
the way for municipal ownership. However, I desire to aff jrd an ample
opportunl'y for an exprenslon of public opinion on the proposed ordinance. Therefore, if a referendum Is desired upon the proposieion. It
is suggested that those who ob]eot to the passage of the said ordinance
Immediately undertake the work of securing the signatures necessary
to have the question placed on the ballot at the November election.
If by the date of the next Council meeting (Oct. 3) It appears that a
snfflclent number have signed such petition, I shall recommend to the
l^ty Council that the consideration of said ordinance l>e deferred a
reasonable time for securing the remainder of the signatures necessary, and If the remainder of the necessary signatures are obtained by
Oct 20, 190i, and If the question cannot be submitted at the November election, I shall then recommend the deferring of the ordinance
until It shall have been voted on at the spring municipal election,
1905. Unless a petition with the necessary signatures Is died by OJt.
20 next. It will be assumed that the ordinance meets with public approval and will be called up for passage in the City Council.
Under the "public opinion" (referendum) law, the petition,
to be operative, must be signed by at least 25 pe» cent of the
voters casting their ballots at the last preceding city election
at which a mayor was chosen, and filed at least 60 days before
the election at which the proposition is submUted. This
would require nearly 100,000 signatures to the petition.—
V. 79, p. 680.
Chicago Union Traction C».—SSOO,000 Equipment Obligations. The r'-ceivers of the North Chicago and W^-st Chicago street railroad companies have issued $800,000 of 6
p. c. gold equipment obligations; denomination, $1,00^1; dated
July 1, 1904; interest payable semi-annually on May 1 and
Nov. 1 at the Standard Trust Co., New York City. Of these,
$520,000 are Issued on account of the West Chicago Company and mature $104,000 each Nov. 1 from 1904 to 1908, both
The remaining $2SO,000, issued for the North
inclusive.
Chicago Street RR mature $58,000 yearly on Nov. 1, 1904 to
The obligations cover 80 p. c. of the cost of
1908, inclusive.
200 cars, 70 for the North Chicago and 180 for the West Chicago road, and are governed by an agreement to wuich the
receivers of the two roads, the receivers of the Chicago
Cox as
Union Traction Co., Louis L. Stanton and William
owners, and the Standard Trust Co. of New York, as agent
for the owners, are parties.— V. 79, p. 624, 211.
—
,
C
—
Ava.
,
THE CHRONICLE.
20, 1904.]
733
Trexler, William F. Harrity and Tom L. Johnson, haa premortgage bonds of 1882 drawn for re- pared a plan of reorganization under which deposits of sedemption are payable on Sept. 1 at 105 and interest at office curities will be received on or before Oct. 1, 1904, either at
the Glrard Trust Co. of Philadelphia, Pa., on the Lehigh Valof J. P. Morgan & Co.-V. 78, p. 2439.
ley Trust & Safe Deposit Co. of Allentown, Pa.
Rj.—
to
Dayton
Purchase
&
Offer
Hamilton
Cincinnati
A new corporation is to be organized under the laws of
committee
110.—
conaiating
at
of
A
5 p. c. Preferred Shares
Pennsylvania and to issue bonds and stocks as follows:
Lawrence Maxwell Jr., Edward L. Heinsheimer and Joseph
A. First mortKage 30-year gold bonds, dating from the
S. Graydon, all of ClDclnnati, acting on behalf of the holdorganization ot tbe new oompany and aoqalBltlon of
shares of the per cent
Gliieago
& Western Indiana RR.— Called Bonds.— Sixty-
six (160,000) general
5
preferred
more than 20 000
stock (total issne, 69,266 shares, or |6,925,500, of which $1,000,000 previously acquired by syndicate. V. 79, p. 626),
announce that they have effected an arrangement for the adjustment of the differences that have arisen between the
company and the preferred stockholders over the recent
issne of securities of the company for the purpose of acquiring the controlling interest in the stock of the Pere MarUnder the terms of this agreement, which
Ck).
quette
has been negotiated for the equal benefit and protection of
every holder, all of the 5 per cent preferred stock of the C.
H. & D. will be taken up at $110 per share. Stockholders
desiring to avail themselves of this arrangement are requested to deposit their certificates, properly endorsed, with
Co., No. 326 Walnut St., Cincinnati, Ohio,
P. J. Goodhart
ers of
RR
&
on any day commencing Aug. 30, 1904, and ending Sept. 80,
1904, and receive therefor in cash $110 per share, less a
deduction of $3 per share to cover the expenses and services
of the committee. No stock will be taken after Sept. 30,
1904. Preferred stockholders who do not deposit their stock
under the foregoing arrangement are Informed that they
must be prepared to meet the claim of the railway company
that their stock is redeemable at par.— V. 79, p. 880, 626.
Cleveland Cincinnati Chicago & St. Lonis Rj.— Listed.
The New York Stock Exchange has listed $1,000,000 additional general mortgage 4 per cent bonds of 1993, making the
—
total amount listed to date, $19,749,000. The bonds just
listed were issued during the fiscal year ending June 30, 1984.
new equipment, construction, betterments and
Compare V. 78, p. 1446.— V. 79, p. 101.
Cleveland Electric Rj.— Earnings.— A. circular issued
to pay for
additions.
&
recently by Denison, Prior
Co. of Cleveland and Boston,
offering $100,000 of the consolidated 5 percent first mortgage
bonds at 108 and interest, states the earnings for the six
months ending June 3Q, 1904, as follows: Gross earnings,
$2,244,290; net earnings over taxes, $888,818; miscellaneous
income, $3,524; total net income, $892,343. Dividends for
the 6 months at the rate of 4 per cent yearly call for $468,000.
—V.
79, p. 288.
Connecticnt Railway & Lighting: Co.— Time for Deposit
of Bonds Extended.— J, & W. Seligman & Co. notify holders
of first and refunding 4>>j[ per cent 50-year gold bonds that
the tim« for depositing their bonds with the Colonial Trust
Co. under the agreement and supplemental mortgage of
June 23, 1904, whereby the United Gas Improvement Co.
guarantees the interest on the bonds, has been extended to
Oct. 10. Seventy-five per cent of the bonds, it is stated, has
already be«n guaranteed.
See advertisement on page xi
and V. 79, p. 686; V. 78, p. 2598.
Fonda Johnstown & Gloversville B. R.—Alliance,~8ee
Utica * Mohawk Valley Ry. below.— V. 78. p. 229.
C^ainesTilie Jefferson & Southern.— Holders Object to
Redemption of Bonds.— A number of holders of the first and
second mortgage 7 per cent bonds, which are guaranteed
principal and interest by the Georgia RR. & Banking Co.,
(see first mortgage endorsement V. 78, p. 15 9,) object to the
proposition to pay the bonds, as announced in V. 79, p. 500.
F. J. Lisman
Co. 30 Broad St., N. Y. City, accordingly
request the holders of the same to communicate with them
with a view to protective measures.- V. 79, p. 627, 500.
&
the properties speolfled herein, whereof f2,770,000
shall bear 4 p. c Interest, payable seml-annaally, free
of all taxes (the first conpon to be made for a shorter
period than six months, so that Interest on the bonds
specified In olansea A. and B herein may not fall dae
together), the principal to be redeemable at any Interest period on sixty days' notice ar 105; and $2,230,000
shall bear 5 p. o. interest, payable seml-annaally, free
of all taxes, with like proylsions as to first oonpon as
aforesaid, the principal to be redeemable at any interest period on sixty days' notice at 110
$5,000,000
Of which all the 4 per cents are to be exchanged forthwith for $2,770,000 Lehigh Valley Traction Co. first
2,7TO,000
4s, $for$
PlTe per cents reserved for purchase or retirement of
Macnngle extension bonds
00,000
Reserved for retlrempnt of $300,000 Quaker Traction
300,000
Co. bonds, or to balld a new road in place of said road
To be sold with «915,000 pr^f. stock to a syndicate for
1,830,000
$1,738,500, for purposes below stated
Reserved, with any not applied as above, for better40,000
ments, Ac
B. Consolidated mortgage 30-year gold bonds, whereof
$2,500,000 shall bear interest at 4 p. c, payable semiannually (said interest, however, not to begin to accrue
until the expiration of one year after date of bonds),
free of all taxes, and $5,000,000 ehali bear interest not
exceeding 5 p. o., payable semi-annually, free of all
taxes
$7,509,000
Of which all the 5 p. c. bonds to be reserved to retire
5,000,000
the new first mortgage bonds, viz
Four per cent bonds to be given as part consideration
&
for first mortgage bonds of leased lines, viz.: Phlla.
L. V, Traction Co., $ ! .500,000; Allentown & Slatlngton Street Ry. Co., $42'«,000; Ooplay Egypt <fe Ironton
Street By. Co., $105,000
Balance, with any not u-ed aa above, for reorganization or future reqairements
O. Preferred stoek limited to 5 p. o. in any one year out
of the net prolts of the business, but to become cumulative after 5 years from date of origlaal issae, to be
preferred to the common stock In liquidation to the
am'^unt of Its par value, together with all accumulated
Illinois Central RR.— Sale of Controlled Line.—The atockholders of the Illinois <fe Indiana RR. will vote on Oct. 11 on
a proposition to purchase from the Illinois Central the property corporate rights and franchises formerly belonging to the
Illinois
laniana Co. The road is known as the Effingham
Division of the Illinois Central, extending from Effioghtim,
111., on the main line, to Switz City, Ind., 88 miles.
Tbia
etep is, no doubt, a part of the plan of the Illinois Central to
obtain, in connection with the Indianapolis Southern Ry., a
new line into Indianapolis. See V. 78, p. 2442.— V. 79, p.
&
«81, 637.
Indianapolis
above.—V.
Sonthern Ry.— See
Central
Illinois
RR.
78, p. 2442.
Jacksonville & Soathwestern RR.— SoW.— The railroad,
extending from Jacksonville, Pla., to Newberry, about 90
miles, and other property of this company hawing on July 28
been conveyed to the Atlantic Coast Line RR the jurisdiction of the officers of the latter has been extended over the
acquired property. The road will become a part of the
second division of the Atlantic Coast Line and will be operated as the Newberry district.
All of the outstandiuK $500,.
000 bonds have be< n retired and the mortgages securing the
same canceled.—V. 79, p. 501.
Lehiffh Valley Traction Co.- Heorffanization Plan.—
Under date ot July 20, 1904, the reorganization committee,
consisting of George H. Frazier, Chairman (care Brown
Brothers & Co, Philadelphia), Edward B. Smith, Harry C.
,
470,000
and unpaid dividends
5,000.000
1,370,000
Of whlth as part consideration for old bonds
740,000
For L. V. Traction pref. and Al. & Slat, common stock.
For floating debt [in addition to securities to be given
1,507,022
exchange
for
bonds
held
as
collateral]
In
129.600
For assessments
915,000
For sale to syndicate
338.378
Reserved for other purposes
Common
O.
capital stock entitled to no dividends while
of dividends remain unpaid on the pre-
any arrearages
3,000,000
ferred stock
Of which for L. V. Traction common stock
Reserved for other purposes
2,500,000
500,000
Voting Trust.—All the stock of the new company (except f (hares
to qualify directors) shall be vested In seven voting trneteee, as
follows: George H. Frazier, Edward B. Smith, Harry C. Trexler, WU11am F. Harrity, Tom L. Johnson, Arthur E Newbold, George O. Albright.
The aforesaid stock shall be held by the voting trustees
jointly for three years from the acquisition of the property, certificates of beneficial interest to be Issued against the same. The committee shall name the directors for the first year. It Is intended that
the voting trustrees shall serve as the first board.
syndicate has been formed and has agreed to purchase
from the reorganization committee 11,830,000 first mortgage
5 p. c. gold bonds and $915,000 of the preferred stock of the
new company, for the sum of $1,738,500 in cash, plus Hccrued
A
interest.
The terms
of
exchange are as follows
Each
$1,000 of old—
Lehlfth Val. Traction Ist
assets,
1st
iv-
M.
Comol.
P-ef.
Cmn.
c.
mart.
st*ek.
Uo6k.
M. .$2,770,000 None x»l,000
Preferred stock
600,000
stock
.. 8.600,000
Phtla. & L. V. Tract, lit M.. 2,5 O.noO
Allen. & Slat. IstM
600,000
Common stock
840,000
Common
Coplay Egypt
A
Ironton
Ry.litM. 6p.o
X
—
:
And will be txch^nned for
.
Pavs
PaTiS
uo
(1.040
20
40
500
160
...
C800
860
.
Great Northern Ry. of Canada.— Z)eposi<«.—The bond
holders' committee, William L. Bull, Chairman, is receiving
deposits of bonds, under a preliminary agreement, at the
Central Trust Co. of this city. Compare V. 79, p. 681, 161.
2,030,0«©
$1,000
1.040
20
St.
300
700
160.0C0
Defaulted interest to be paid In cash or otherwise adjnated.
The assessments will be payable within 80 days att«r the
plan shall have been declared operative,
The assessments aggregate $64,800. The proceeds of the
bonds and stock sold to the Byndioate as above stated, viz,
$1,788,500, will be applied as follows
For payment of L. V. Traction and P. & L V. Traction receiver's certificates
$155,000
For payment of notes, bills, accounts payable, etc
466,000
For equipment of oentral power boase, repair shop, bringing system up to required efllolency, new cars, working
capital, reorganieation expanses and oompensation of
:
1,117,500
committee, or future betterments
Estimate of Earnings.— A. B. duPont, who has had large
experience in the management of street railway properties,
estimates that if the improvements contemplated be completed within fifteen months, the earnings of the consolidated
properties for the year 1906 will be as follows:
Earnings—
Fixed ehnroes—
_. . „ „„^
Gross rrooa railway
$884,000
Oper. expen., Incl. taxes,
ateop.c
530,400
Net from railways
$353,600
Net from electric llght'g. 75,000
Other income
12,000
$110,800
$2,770,000 latM. 48
91,600
81,830,000 l8t M. 68
Quakertown Traction Co.
Xb.OOO
^58
Rental Beth. <fe Naiareth
15.000
Kv.a>
St.
3,000
Other rentals
Total
Total net earnings... $440,600
Surplus over above charges
X>eanot Interest on $2,030,000 oonsol. mortgage 4
$235,300
p. 0.
Surplus
Compare advertisement on another page.— V.
w"':."*^2?'2nn
bi.»"o
Donde.
$124,100
79, p. 103.
—
—
7M
THE CHRONICLE.
HisBoarl KanaaB & Texafl Rj.—New Cava.— A press dispatch annonnces the filing of an agrepment for the constrnctlon by the Pallman Company for $1,26 >,920 of 3,825 cars, inclnding coal cars, refrigerator cars, fnrnlture cars and side
dump coal cars. The agreement is dated last February and
presumably provides for theis-uanceof car trust obligations.
Report.— See results on page 730.— V. 79, p. 269.
MuhnsTille & Adamstown (Electric) IIR.— Sold.— The
road was sold under trustees' sale on Aug. 18 to L T. Custer
of Reading, Pa,, representing the creditors.—V. 79, p. 213.
New York Central & Hadson Rlrer ER. —Payment of Debentures,— The principal of the 5 per cent debentures of 1894
and 1889, mnturing Sept. 1, will be paid on and after that
date at the office ot J. P. Morgan & Co. All interest due on
the debentures will be paid as usual at the office of the company, Grand Central Station.
Electrical Plana.— Q-'e Utica & Mohawk Valley Ry. below.
Lake Steamers.-See Weetern Transit Co. under "Industrials.'— V. 78, p. 270.
New York
& Western
Ry. Co.— Proxies Asked.—
shareholders' committee of
which James B. Clews is Chairman, and which is seeking to
dissolve the voting trust, has sent out a request for proxies to
be used at the annual meeting which will be held on Sept. 28.
The circular says in part:
Of the 40 shares of preferred stook alleged to be ontstandlnR— 20
shares are registered in the name of an Ontario & Western clerk; 10
shares In the name of O. M. Depew, who stated In a newspaper Interview not long since that he did not own any stock and that the certlflcat© In his nume onght to have been canceled by the trustees; d shares
are In the treasury of the company; 3 shares In the name of the Third
Ontario
Suit to Annul Voting TVuat.
- The
National Bank (nonr in Uqaldatlon) as trustee against namerons
small claims (long since outlawed) ought never to have been Issued.
This leaves one share, which It Is believed the TUBtees could get without much pflfort. $1,000 of the company's bonds have been on deposit
with the Farmers' Loan & Trust Co. since 1887 for the purpose of exchanging the 40 shares when turned In.
A suit has been institute'* by the committee to have the
voting trust declared void; but as the case cannot be tried
until after the date set for the annual meeting, proxies to
elect, if possible, five of the thirteen directors are desired.
The members of the stockholders' committee have agreed to
make no charge for their services no matter what the final
result may be. Compare V. 78, p. 1962, 2385.
President Fowler is quoted as saying:
The management has all along been In favor of doing away with the
voting trust, but the trust was established by the laws of New York
State, and it must be legally terminated. We want it terminated as
soon as it can be legally done. The management has had the support
of some 400,000 shares of common stook, and I see no reason why that
support should be withdrawn now. One might infer that the oontlnuanoe of the preaent management is dependent upon the voting
trust, but we have all along had the support of a majority of the common stockholders, so that it would make no particular diiferenoe
whether five or thirteen directors were to be elected directly by the
stockholders.
At the annual meeting the directors will submit plans,
which they believe will prove satisfactory to the stockholders,
to provide for capital requirements, etc., as described in V.
79, p. 103, 104.
Report.— See results on page 731.— V.
79, p. 103,
Vol.
i.xxix-
one-fourth of the entire issue, and with their friends and associates hold the majority
"The first and second divisions of the Atlanta
Birmingbam line are practically completed and the line will probably
be opened from Atlanta to Pell City, thirty miles from Birmingham, within a week. [This line was opened on Aug.
18 —Ed.]
The entire line from Atlanta to Birmingham
should be in operation in less than ninety days,
The line
will then become a source of large income to the Seaboard
&
system."
The Blair-Ryan party made an offer of 12 for common and
22 for preferred stock held by the Williams-Middendorf interest, which was declined, the negotiations having been
dropped
last week.
Stock Pool.— A committee which consists of Qnstavus Ober,
Frank S. Hambleton. Henry A. Orrick and Townsend Scott,
all well-known Baltimore brokers and bankers, requests the
depopit of the company's common and preferred shares with
the Fidelity & Deposit Co. of Maryland, under an agreement
constituting the committee their agents and attorneys in
fact.
The committee is empowered to represent the stockholders in all matters affecting the railway company or the
shares deposited and to do whatever in its judgment mav be
necessary to protect the interests of the stockholders. The
agreement provides that no plan of any kind which imposes a
cash assessment upon shares deposited shall be binding as to
the holders of preferred stock until ratified by a majority in
interest of the preferred stockholders, or as to the holders of
common stock until ratified by a majority in interest of the
holders of common stock. The cost to the shareholders shall
not exceed $1 a share on the preferred and 50 cents a share on
the common. The agreement more particularly authorizes
the committee:
To resist, either by judicial proceedings or otherwise, the adoption or
execution of any plan for the creation of loans on said railway company deemed by the committee to be unnecessary, to act for said
stockholders in any proceedings hereafter instituted to foreclose any
mortgage on any of said railway companv's property and to J iln in the
purchase or sale, at their discretion, of all or any part of the property
and any other property which It may be deemed .iadlcioas to acquire
(especially as to the consideration to be received oy the stockholders),
to use their shares In payment, to exchange said shares for securicies
of said seaboard Air Line B*llway Co., or such other com^any as may
acquire the whole or any part of its property; to sell said deposited
shares of stock for such sums of money and on such terms as to said
committee may seem most desirable; to formulate, adopt, accept or
oln in any plan for the entrance of new Interests into said company
or for the reorganization of said company.
See also advertisement on another page.—V.
79, p, 152, 104.
South Side Elevated RB,.— Details of Mortgage.— The new
mortgage to the Illinois Trust & Savings Bank is made to
secure an authorized issue of $8,000,000 of 4}^ per cent 2 1year gold bonds, maturing July 1, 1924, but subject to call
on Jan. 1, 1910, or any interest day thereafter, at 105 and interest.
Of the bonds, $3,000,000 has been sold to the Illinois
Trust & Savings Bank to pay for the construction of about
173^ miles of additional track, nearly doubling its present
mileage, and to retire the only outstanding bonds, viz.: $750,000 of 4J^8 issued in 1897, which have been called for payment at 102 and interest on Nov. 15, 1904; $3,500,000 may be
issued May 1, 1905, $1,500,000 on May 1, 1906, and the re-
North Chicago Street UU.— Receivers^ Certifieatea.—Bee maining $1,000,000 at anytime thereafter. Chicago papers
Chicago Union Traction Co. above.—V. 78, p. 2442.
say that the Trust Company will offer the bonds shortly, giving the stockholders the first right to subscribe. V. 79, p.
Northern Seenrities Co.—Decree Mied.— Judge Bradford?
681.
in the United States Circuit Court in Trenton, N. J., on Aug*
18 filed the formal decree enjoining the company from dis'
Soathern Railway.— Listed.—The New York Stock Exposing of its holdings of Great Northern and Northern Pa- change has listed $1,250,000 additional first consolidated
cific stock pending trial of the suit brought by Edward H.
mprtgage 6 per cent bonds of 1994, making the total amount
Harriman and Winslow S. Pierce. The Oregon Short Line listed to date $10,525,000. The bonds now admitted to dealRR. (Union Pacific) Co., as required by the decree, has given ings are part of the $2,000,000 Issued during the calendar
a bond of $2,000,000 for the purpose of indemnifying any year 1903, under the provisions of Article 1, Section 7, of the
loeses that may be sustained by the granting of the" prelim- mortgage, the remaining $760,000 including $420,000 listed in
inary injunction, the United States Fidelity «fe Guaranty Co
The
January last and $830,000 still owned by the company.
signing the bond as surety.-V. 79, p. 638, 270.
proceeds of the $1,250,000 bonds were applied principally to
Old Colony Street Ry.—Mortgage.—S&e Massachusetts Double track and reduction of grades and oarvatnre on the
Washington Division
f 1,221,231
Electric Companies on page 681 of last week's Chronicle.
78,179
Cedar Blnfl and Spring Garden extensions
yards
and
warehonses
Atlanta
Norfolk,,
Va.,
at
Shops,
Qa
Philadelphia CoatsvlIIe & Lancaster Passenger Ry.—
—
,
New Stock.-Thia company
has
a certificate of increase
of capital stock from $600,000 to $800,000.—V. 78, p. 1783.
filed
Philadelphia & Lehigh Talley Traction Co.— Foreclosure.— 3 ndge Gray in the United States Circuit Court at
Philadelphia on Aug. 15 granted the Guaranty Trust Co. of
New York permission to biing proceedings to foreclose
the mDrtgage, interest being in default.
See plan under
Lehigh Valley Traction Co. above.— V. 78, p. 1962,
Lonia Trausit Co.
Limit of Refunding Mortgage to be
stockholders will vote on Oot. 19 on a proposition to reduce the authorized amount under the refunding
St.
Reduad.—The
and improvement mortgage from $23,000,000 to $12,500,000.
The improvements originally contemplated have not cost as
much as expected, and probably some of them will not be
made. The company, therefore, will not require the balance of the bonds at first authorized. V. 78, p. 1494.
—
Seaboard Air Line Ry.— Option JSJcptres.=— Chairman John
Skelton Williams on Aug, 12 made the following statement:
'The option given Aug. 11, 1908, to Mesars. Ladenburg,
Thalmann & Co. on a large block (95,000 shares) of the stock
and Mobile, Ala
Compare V.
78, p.
47,471
229.- V.
79, p. 623, 271.
& Carolina YLj.— Payment of Bonda.—The $25,000
mortgage 6 per cent bonds maturing Sept. 1 will be paid
on presentation at the International Trust Company of
Maryland, 401 North Charles St., Baltimore. The holders of
these bonds will be allowed the privilege of exchaaging them
for the first consol mortgage 5 p. c. bonds on a 6 p. c. basis,
Snffolk
first
provided such intention to excjhange is filed with the trust
company on or before Aug. 25. Of the consols ($1,000,000 authorized), $589,000 is outstanding and $61,030 has been underwritten by a syndicate to nay off the 63 maturing Sept 1 and
$25,000 6 per cents maturing Mar. 1, 1905. There have also
neen issued $9),000 6 per cents due Apr. 1, 1911, and $100,OOO 4 per cent income bonds.— V. 78, p. 1499.
Terminal RR. Association of St. Lonis.— Bonds Offered.—
Harvey Flsk Sc Sons are offerini? at ^'i% and interest $1,000,000 of the general mortgage refunding 4 per cent 60-year gold
bonds.
See
full description in
V.
79, p. 499.
Toledo Peoria & Western Ry.— iJepor^— The
results for
Williams & Son of Richmond and J. W. the year ending June 80 were as follows:
Net.
Gross.
Int. and taxes.
Mlddendorf & Co. of Baltimore at 20 for the common and 35
1903-04
$l,30i,716
»278,736
$277, S8
for the preferred expired last night. These two firms now 1902-03
270,304
1,239,974
273,149
control more than $15,000,000 of Seaboard stock, or more than -V. 78, p. 45.
owned by
J.
L
1
Bal., sur.
#1,548
8,845
—
:
Auo.
THE CHRONICLE.
20. 1904.]
735
[NUOSXliiAL. »A»
Unlnii Traction Co.— ttnes Opened.— Through service from
Indianapolis to Logansport, using the Indianapolis Northern
AND
MlSCKltl^AMlSU Un
Amalgamated Copper Co.— Dividend on Stock of SubsidTraction Company's line between Kokomo and Logansport, iary.— See Parrott Silver & Copper Co. below.— V. 79, p. 503.
local
and
both
limited
for
trains
just completpd, was begun
American Cotton Co. Proposition to Terminate Voting
on Aug. 7. On the same day the Indianapolis Northern line
from Kokomo to Peru was opened, only local service, how- Truit. —The shareholders' committee, Cornelius N. Blies,
ever bei g established to the last-named place from Indianapolis
—V.
& Mohawk
79, p. 682. 271.
Utica
Touching the
Talley (Electric)
Rj.— Further Facta.—
sale of the control of this trolley
road and
its
New York
Central, Horace E. Andrews of
Cleveland, who was at the head of the selling syndicate, is
quoted by the "Street Railway Journal" as saying:
The ABdrewp-Stanley Interests some time ago formed the Utloa &
Mobawk Valley Kallway, operating about 118 mlleB of road In Utloa
and Eome, and between Little Falls and Rome. It aleo owned the
Oneida Street Ry. operatine a short line west from Oneida, midway
between Rome and Syracuse. In connection with lines operating between Rochester and Buffalo and between Fonda and Albany, and
other lines contemplated, U was apparent to the Vanderbllt Interests
th»t there would soon be a chain of electrics paralleling Its entire
main line. By the purchase of 51 per cent of the stock of the
Andrews Stanley properties, including the Syracuse Rapid Transit
Co., the Vanderbllt Interests secured control of the key to the traction
allied lines to the
situation In Central New York
Now It appears to be the Intention of the New York Central interests
to extend the traction system entirely aorocs New York State. The
system to be used in the electrification of the steam lines has not been
decided upon. At the present time the engineers of both the Westlnghonse and General Electric companies are at work on the problem.
It has been practlo»lly decided thet the steam tracks will not be
equipped with overhead trolley, because It is the intention to continue
the use of steam locomotives for freight tralBo, and It is pointed out
that the trolley would endanger the lives of brakemen on the tops of
oars. Ic Is also claimed that the sulphuric fumes from the locomotives
form of side conwould injure, if not destroy, the overhead line.
tact trolley is being considered, as is also the third-rail system.
A
In connection with the aforesaid purchase by the New
Central, it is worth noting that the Vanderbilt interests have for several years past controlled the Fonda Johnstown & Gloversville RR. (compare page 346 of Railroad
AND Industrial Section), which, besides owning 26 miles of
steam line between Fonda and Northville, N. Y., and leasing
a 6-mile steam line, owns and operates the following electric
(overhead trolley) lines:
EI.ECTBIO LIHB8 OP FONDA JOHNSTOWN <Je GLOVERSVILLE SYSTEM.
York
Mites.
Gloversville to Schenectady (double track)
Johnstown to Fonda and Amsterdam to Hagamau
City lines In Qloversville, Johnstown and Amsterdam
Gloversville to Johnstown (operated under lease)
32 7
80
7'2
4*0
Chairman, has callfd a meeting of the holders of certificates
of deposit for preferred and common stock, issued under the
stockholders' agreement of D^c. 2, 1901, to be held at Room
1217, 25 Broad St., New York City, on Sept. 8, 1904, at 12
o'clock noon, for the purpose of voting upon the proposition to terminate said agreement before the period fixed
for its expiration, and at a date to be fixed by the stockholders at such meeting. In the event that said proposition
ahall receive the affirmative vote of the owners of 80 per cent
in amount of such certificates of deposit for each class of
stock Affected thereby, final distribution and division of such
stock will be made to the holders of such certificates of deposit upon surrender of the latter, and without charge or expense,- V.
75, p.
784
American Mechanical Cashier Co.— Jforfgragre— This
New
Jersey corporation, authoriz'^d capital stock $5,000,000, has
filed a mortgage to the City Trust Co. of New York City, as
irustee, covering all its property, and particularly the patents
granted to Isaac S. Dement and Charles F. Bassett, to secure
an issue of $700,000 6 p. c. gold bonds of $500 each.
These bonds are dated July 1, 1903, and are due July 1, 1913; interest payable Jan. 1 and July 1. Charles Falrchlld. of Charles
Fairchild & Co., is President, and Ernest M. Lookwood. Secretary.
Charles Fairchild, R W. Hawksworth. H L. Horton, 8elDirectors
den Bacon, £. F. Smith, £. M. Lookwood. New York office, 3 Broad St.
The stock (all of one class; par of shares $100) is held in a
voting trust, which expires when dividends are paid.
:
American (Bell) Telephone & Telegraph Co.— New
Licenaee.—See Consolidated Telephone, Telegraph & Electric
Co. below.— V. 79, p. 153.
Bay State Gag Co.— Settlement, As stated below under
the caption " Massachusetts Gas Companies," an agreement
has been reached for the settlement of all litigation affecting
The suits, however,
that company and its subsidiaries.
Rogers, Thomas W. Lawson and J. Edward
against H.
Addlcks still hold.— V. 78, p. 2013.
—
H
—
(The) Bond & Mortgage Brokerage Co.—Bonds Offered.
The company is offering at par and interest $200,000 real
estate 80-year 6 per cent gold trust bonds,
1, 1904, in denominations of $100. $500
series
A, dated
June
and $1,000 each,
the Knickerbocker Trust Co, of New York being mortgage
These lines, as also the Schenectady Railway, if the pend- trustee; interest payable at Mechanics' Bank, Brooklyn.
ing negotiations regarding it result favorably, will fit in well Bonds are subject to call in 5 years (or after ? ) from date at
with the plans of the New York Central for an extensive 105 and are secured by deposit with trustee of many small
subsidiary trolley system. With the electrification also of mortgages on Brooklyn income property, mainly residences,
the West Skore road, as proposed, between Utioa and Syra- eqnal in value to the face amount of bonds issued.
cuse and of the Auburn road between Syracuse and
The company was incorporated in May, 1900, under the laws of New
Total
51*9
Rochester, the Central will be able to apply the new "principle of running internrban cars singly through city streets
and then assembling them into multiple unit trains worked
on private right of way between short-haul terminals."
The Niagara Lockport & Ontario Power Co. (compare V.
155), which recently increased its capital stock from
$1,000 to $10,000,000, and authorized a mortgage for |24,7§, p.
000,000, it is rumored, will supply the electricity
trolley service of the associated lines.— V. 79, p. 271^
for the
Cmx
Yera
& Pacific Rj.— Directors.—The following directors have been elected
ThoB. Mildn, of Mexico City, President; Michael Jenkins, Henry
Walters, William L. Marbnry, Allan McLane, Joseph W. Crawford,
George F. Randolph and Alexander Brown. See V. 78, p. 1968, 783,
1168.
West Chicago Street RR.— Receivers' Certificates.—See
Chicago Union Traction Co. above.— V. 78, p. 2444.
Wiikinsbarg & Yerona Street Ry Co.— Bond*.— The following facts are furnished with reference to the bonds of
this company, a block of which was recently offered. (V. 79,
p. 628):
This company was merged Into the Monongahela Street Ry. Co. in
1901, and In 1902 the latter company was leased to the consolidated
Traction Co. The lease provides for the payment of certain moneys
to enable the payment of Interest on the bonds, and the Philadelphia
Company gusrantees the payment of the rental covenanted to be paid
by the Consolidated Traction Co. There Is no direct guaranty of the
bonds.— V. 79, p. 628.
York, with $100,000 authorized stock In $50 shares, of which §56,000
is outstanding, and has paid dividends monthly at the rate of 6 p. o.
per annnm. Its capital and surplus are invested in the bonds and
mortgages against which series A bonds are issued.
The trust agreement provides among other things that the obligor
must in every way conserve the value of the underlying mortgages and In case of default or maturity of any of the underlying
mortgages, the obligor must deposit additional securities or cash to
keep the amount of securities equal to the outstanding bonds,
A separate agreemeot. executed Aug. 1, 1904, provides for deposit
with the trustee of a cash indemnity fund aggregating 35 p. c. of the
face value of the bonds outstanding, to be held, with interest accruing
at current rates for time deposits: (1) As indemnity against any depreciation 1b the value of the seonrltles deposited and the failure to
deposit additional securities, as provided In the trust agreement; (2)
as Indemnity against any shortage which may occur in the amount
realized upon the deposited securities in case of default in the bonds;
(3) as a sinking fund to apply on the payment of the bonds at maturity.
Joseph L. Beach is President; Benj.S. Law, Secretary; Horace H.
Butler, Treasurer. Othoe, 185 Montague St., Brooklyn. N. Y.
Boston Qaicksiiver Mining Co.— Operations Suspended.
—The
The following comes from
Boston:
management has
closed down the property, and unless the
stockholders see fit to provide further funds there is little prospect of
a resumption of operations. An opportunity was some months ago
offered to the stockholders to subhcribe to $150,000 bonds, but they
did not take kindly to the scheme, and so nothing was left to the management but to cease operations with a debt somewhat exceeding
$50,000. The company was floated in Boston five years ago at $7 per
share. About $460,000 of cash was expended on the property, but
early promise of mine which could be made commercially profitable
did not materialize.— V. 70, p 635.
Brown-Corligg Engine Co.— Mortgage.— A. mortgage has
Winona (Minn.) Railway & Light Co.—Mortgage.— The been filed with the Milwaukee Trust Co., as trustee, to secure
company has made a mortgage to the Old Colony Trust Co. the $150,000 ol $500 bonds recently authorized to provide ad-
of Boeton, as trustee, to secure an issue of 1400,000 of 20-year
gold bonds of $1,000 each, dated Aug. 1, 1904, interest being
payable Feb. and Aug. 1 at the office of the trustee. Of the
bondp, $800,000 has been issued, the old bonds having been
canceled and the mortgage securing the same released.
They are subject to call after Aug. 1, 1907, in increasing
amoants at 105 and interest. The sinking fund required to
be deposited with the trustee aggregates $100,000 during 16
years. The company was incorporated in 1896 under the
laws of West Virginia, operates 5 miles of track, and owns an
electric-light and power plant, including, we are Informed,
two 50O K. W. turbo alternators of the General Electrin
manufsicture. Substantial additions and Improvements to
the plant have been made during the last year, and the plant
is riow thoroughly up to date.
The capital stock authorized
is $400 000, In $100 shares, of which $3.35,000 Is outstanding.
President. C. N. Mason, and Secretary and Treasurer, Ernest
L. Carr, Vice-President and Treapurer, respectively, of the
United Electrio Securities Co. Offices, Winona, Minn., and
68 Ames Building, Boston.
working capital.— V. 76, p. 974.
BniTalo General Electric Co.— Increase of Stock.— The
stockholders on Aug. 17 voted to Increase the authorized stock
ditional
from $2,400,000 to $5,000,000, all of one class, None of the new
stock, we are Informed, is to be issued at once. The company has outstanding $2,175,000 of an authorized iesue
of $2,400,000 of 5 per cent 40-year gold bond?, due 19S9, interest payable Feb. and Aug. at Fidelity Trust Co. of Buffalo,
trustee.— V. 79,
p. 683,
Canada Woolen Mills Limited.— Sa!e.—The mills and
other aseets will, pursuant to the order of the High Court cf
Justice, dated April 26, 1904, for the winding up of the company, be sold at public auction by Jamen S. Cartwright,
official referee, at his
Sept. 15, 19 )4, at 3 p.
Chicago Heights
Chan-bers at Osgood Hall, Toronto, on
m.— V. 78,
(III.)
p. 2801.
Was Co.— Mortgage. -A mortgage
recently filed to the Central Trust Co. of Chicagp, as
Thw comtrustee, secures $200,000 of 5 p. c. 30 year bonds.
pany began business about May 1, 1908, with $100,000 of
—
,
THE CHRONICLE.
736
antborized capital stock. President and Treaenrfr, Chat.
H, Wacker, the head of the Chicago Heights Land Aseocition.
An official statement says
The company has a dally capacity of 100,000 feet. Gas wae tamed
on Jane ist, 1904, and therefore no dividends hsTe at yet been paid.
The eompacy Is oapUal)K«d at $200,000 ooaimon stock and $.200,000
S p.o. itO-year boods, which are still la the treasury. The company Is
maklnK Money and doing better than we expected to do at the
:
beginning.
Colorado Fuel
&
Iron Vo.—Plan Effective.— FormaX no-
given that the committee has determined that sufficient deposits have been made to warrant it in declaring the
funding plan and agreement of Dec. 11, 1908, to be effective,
and has declared the same to be effective accordingly. See
plan in V. 77, p. 2282, 2841.
Optwn Exercifed Condition and Operationof Plants.— The
"Iron Age" says:
The company has exerclied lU option on the Sunrise Iron mining
ftropertles In Central Wyoming, involving over 1,000 acres, embraoDg 71 claims of aboat 20 acres each. This Is the consummation of a
contract made several years ago by which the comiiany operated
tice is
—
these mines, with the rleht to pnrchaie, bat the properties developed
such mineral wealth that the owners soaght by legal means to prevent the exercise of the option and the sale of the land. The company
also owns an extremely large acreage of coal lands, together with
3,200 coke ovens, and the iron, coal and coke are largely need in Its
plant at Paeblo. Official denial Is made of the sensational stories
printed In Colorado papers to the effect that millions of dollars are to
be spent shortly in enlarging and Improving th" steel works, as
officers state that the present equipment suffloes for the present demand and that their whole effort now is being directed to reorganizing rhe company's finances.
The company has five blast furnaces completed, all large and modern in their appointments, with the sixth one well advanced, but
apon which construction has been temporarily suspended. The Bessemer plant is entirely new and well equipped, and capable of doing
great work The rail mill is now maklnnr more than 1.000 tons per
day, and while the material is on the ground for the installation of a
new one of gi eater capacity, the officials do not, under the existing
demand, feel pressing need for its Installation, and it will be held In
abeyarce until condliions Improve. The basic opea-hearth plant of
six 50-ton furnaces Is In operation and is a thoroughly modern, up-todate plant, working with perfect satlsf actios. The same may be said
of the rod mills, wire mills, nail factories, &c.
[Vol. TJYiY,
able price, then, with the aporoval of the Bteel Company, each moneys
be Invested in safe Interest-bearing secarities by tbe trustee
until the same can be used as provided above.— V. 79, p. 502, 154.
may
Coniolidated (Bdl) Telephone, Telegraph & Electric Co.,
This company filed
Arizona, Etc.
New Corporation.
articles of incorporation at Tacson, Arizona, on June 25, its
authorized stock being $3,500,000, all of one class, in $100
—
—
which |7UO,0OJ is outstanding. The company is
authorized to operate In the Territories of Arizona and New
Mexico, the States of California and Texas, and the Kepublic
of Mexico, On July 1 it succeeded to the business of the
Sunset Telephone * Telegraph Co. (Pacific States Telephone
& Telegraph Co, ) in California, south of Colton, and In
Arizona and New Mexico. The company has acquired all of
the property of the Pacific States Telephone & Telegraph Co.
in the Territory of Arizona under a 25-year lease. Contrary
to published reports, we are informed that the "American
Bell Telephone Co. neither directly nor indirectly owes a controlling interest in the capital stock of the Consolidated Telephone Telegraph & Electric Co. Suoh controlling interest is
shares, of
Col. Epes Randolph and associates."
Officers are: President, Colonel Epes Randolph;
owned by
Hlncbcliffe of Los Angeles, Vice-President
ager, and E S. Ives, Secretary.
C.
W.
and General Man-
Development Co. of America.— C/iangre of Trurite.—The
Colonial Trust Co. of New York has been appointed trustee
in place of the Eastern Trust Co., resigned, under the collateral trust indenture dated Jan. 1, 1903, securing the 16year 6per-cent konde.— V. 76, p. 975.
DlAmond State Steel Co.— /Receivers. —Judge Bradford, in
the United States District Court on Aug. 13, aopointed
Howard T. Wallace, President of the company, and James P.
Winchester, President of the First National Bank of Wilmington, Del., temporary receivers pending a decision on
the application for the appointment of a trustee in bankruptcy.— V, 79, p, 682.
Eastern Tube Co.— Sui^— The Real Estate Trust Co. of
The Sunrise mines are held by Edward V. Gary, and along Philadelphia has brought suit against the stockholders of
with properties formerly owned by the Colo. Fuel & Iron Co., the bankrupt Eastern Tube Co. to recover from su -scribers
but acquired by him in 1903, will be conveyed under the plan for 1800,000 of the $1,000,000 bond issue of the company the
of reorganization to the Fuel company or its successors (see unpaid balance of their subscriptions. The defendants paid
10 p. c. of their subscription, but refused to pay the remainV. 77, p. 2341). -V. 79, p. 502,
ing 90 p. c. after the concern failed. The Trust Co,, as a
Columbus Citizeob' Telephone Co.— Increase of Stock.— creditor, claims that the unpaid part of the subscription
The increase in the stock of this company from $750,000 to should be regarded as an asset of the Tube Co. for th* benefit
$1,250,000 was announced last week under the caption of the of creditors.— V. 78, p, 1394,
Citieans' Telephone Co. of Columbus. Of the new stock sufficFore River Ship & Engine Co.— Saie.- The foreclosure
ient only will be sold to complete the new telephone buildsale is advertised to take place in Quincy, Mass,, on Sept. 7.
ing and the conduit system, install a new switchboard, and
The reorganization plan was given in V. 79, p. 1C6.— V. 79,
make other improvements.— V. 78, p. 822; V. 79, p, 682.
154, 106.
p.
Commercial Telephone Company of TeTL.aB.— Receivership.
—J. Bayliss Earle of Waco and
F, C. Davis of San Antonio
have been appointed receivers of the property by Judge
Brooks, the opposing interests having been unable to agree
upon a candidate. The company has appealed from the appointment and filed a supersedeas bond to prevent the receivers from taking possession. See Y. 79, p. 682,
—
—
General Asphalt Co.— iVletr 5«cMrtftc«. The Philadelphia
Stock Exchange haviag listed the engraved trust certifioatea
of common and preferred stock, the interim certificates will
be stricken from the list on Sept. 10, 1904. Notice is given
that on and after Aug. 15 interim certificates for the preferred
and common stock trust certificates and certificates of deposit for the old securities may be exchanged for the new
engraved certificates as follows:
Crncible Steel Co. Refunding Reported Pending
Interim certificates for preferred stock trust oertlfieates and certifiWhile nothing definite can be learned, it is understood that
of deposit for collateral gold certificates of the Asphalt Oo. of
the company has had under consideration for some time the cates
America at the Commercial Trust Co., Philadelphia, and Mercantile
making of a plan for reorganizing its finances, none of the Trust Co., 120 Broadway, New York City, N. Y.
Interim certificates for common stock trust oertlfieates and oertlflplans presented, however, haying been finally settled upon.
deposit for eoUateral gold certificates and for preferred and
It is generally supposed that the company will decide upon oates of
common stock of the National Asphalt Oo. at the Equitable Trust Go.
an issue of long-term bonds to provide additional working Philadelphia; Guaranty Trust Oo. of New York, or the oMoe of the
capital, the cost of contemplated improvements and the re- company In the Land Title Building, Philadelphia.!
tirement of the |5,0OO,0GO of 6 per cent collateral trust deVenezuelan Ifa^fers— Contradictory reports come from
bentures dated Oct. 21, 1903, iseuei in two series of $2,- Washington regarding the steps which the Government has
500,000 each, maturing in 8 and 5 years, respectively, under taken to protect this company's property rights in Venezuela,
trust agreement with the Union Trust Co, of Pittsburgh.
It is olear, however, that Minister Bowen was instruct>dd
Committee. — A committee has been formed by dissatisfied several weeks ago to represent that the seizure of the propstockholders with the purpose of securing control of the erty of the New York & Bermudez Asphalt Co. appeared to
board at the annual meeting in October.
be illegal, and that this Government requests President CasSecurities Pledged.— A.^ aeourlty for the aforesaid |5,OCO,000
collateral trust 6 p. c. gold bonds of 1903 were pledged (compare V. 73, p. 841, 842):
Original »ottateral
Park
Hteel Co.,
—
Pledged.
common stock
$5,oOU,000
Preferred stock
Singer, Nlmlok
& Co., capital
X Howe, Brown &
Portsmouth
4,764,-^00
stoek
Co., capital stock
Steel Co., bond and mortgage...
A. F. Baumearten, bond and mortgage
zClairton Steel Co., capital stock
1,250 000
x800,000
y 180,000
y32,50O
z3,500,000
Total issued.
$5,000,0>0
5,000,000
l,2f 0,000
800,000
180,000
32,500
3,500,000
X
In July last a contract was made for the sale of the land occupied
by the Howe, Brown <& Co plant to the Psnnsylvanla RR. Go. for a sam
currently stated to be $750,000 (compare V. 79, p. 154).
y The bonds and mortgages of the Portsmouth Steel Co. and A. P
Buomgarten are " subject to such prior claims upon the same as mav
now be b«>ld by the Union Trust Co. of Pittsburgh and the Pittsburgh
Trust Co."
z In May, 1904, the capital stock of the Clairton Steel Co. was sold
to the United States Steel Corporation, the latter in payment therefor
guarac teeing the bonds (a little less than $13,00u,000) and giving
$1,000,000 of 10-60 year 5 p. o. bonds (V. 78, p. 1552, 2014).
As bearing on the tale of
and Howe. Brown
the properties of the Clairton
Co., it is interesting to note
that the deed of trust provides:
In the event of the sale of any of the properties of said corporations,
the proceeds of such sale shall he paid to the trustee, and shall be expended and applied by the trustee toward the purchase or retirement,
from time to time, and at snch prices as to it shall seem proper, of one
or more of the bonds secured hereby. All bonds so purchased shall,
togetber with the interest warrants thereto attached, be Immediately
canceled and shall cease to be entitled to the benefit of tbe security
hereby provided. If said bonds cannot be so purohaeed at a reason-
Steel Co.
&
tro to suspend the receiveri>hip pending the final action of
the Venezuelan court.— V. 79, p. 683, 630.
Groton (Conn.) Secarities Co.—Sate to Borough.— See
"Groton" on pagu 749.
Groton (Conn.) Water Co.— See "Groton" on p^g« 749.
Home Telephone Co., Dajton, 0.— Increase of "itocb. -The
stockholders voted on Aug. 19 to increase the preferred stock
from $400,000 to $600,000, the $300,000 new preferred to be
used to retire $2^0,000 of the $150,000 ou'standing bonds.
The company has 3,500 subscribers. See V. 78, p. 1118.— V.
79, p. 503.
Home Telephone Co. of Los Angeles.— -Eami»gfa.— The
earnings for the 3 montns ending July 1, 1904, were: Gross
earnings, $86,944; surplus earnings over operating expensep,
The capacity will, it is reinterest, taxes, etc., $36,475.
ported, be increased by Nov, 15 to about £0,000 telephones by
the completion of sub-stations under construction, which
will enable the company to connect new subscribers awaiting service. Oa March 15,1904, there were 11,747 telephones
V.
in operation and applications on file for 5,000 additional.
—
78, p. 1895.
International Mercantile Marine Co.— iieduc^(«n in Cabin
Rates on East- Bound Passage
The Cunard Line on Wednesday antonnced a reduction of the minimum rates for
both first and second cabins en the passage trom New York
to Liverpool. This cut was met on Thursday by the White
Star Line, which is controlled by the laternational Mercan-
—
—
Aw.
THE CHRONICLE.
20, 1904.]
Marine Co. The minimum rates for
dations cotDpare as follows:
tile
I
tlOO
OB
80
Lucania ard Campania
Birurla »ii<3 b'mbrla
Bo»toa-LiTe»pool service
|60
6U
ou
first
cabin accommo-
White Star lAne—
..
Oceanic.
Teutonic and Majestic
Old
$100
85
Ba tic. Celtic. (Jedric. Arabic 80
Boston-Iiiverpool service
80
New
$H5
55
60
50
The b«ayy traffic from Angust to October is of course
west bound and is therefore n t effected by these changes.
The steerage rate from Liverpool to Boston was also
reduced on Thursday by the laternational Mercantile Mirine
Co. from $'3.C0 to $8 75, Catio rates on the American and
Leyland lines of the last named company have also been cut,
$56 bding now the minimum rate for first cabin on the St.
New York
and Philadelphia. Compare V.
2445.-V. 79, p. 167, 149.
KnoxTille (Tenn.) Water Co.— See page 746, "State and
City Department."—V. 78, p. 141.
Ma88achu8i>tt8 Gas Companies.- ConciMston of Litigation,— Judge B Mas o[ the United States Circuit Court in
WilmingtoD, Ddl., on Aug. 16, authorized Receiver George
Wharton Pepper, of the Bay State Gas Co. of Delaware, to
sign an agreement accepted by counsel for both sides for the
settlement of all points at issue between Receiver Pepper,
the Jdaesachusetts Gas Companies and Kidder, Peabody &
Co. This agreement, which will leave tbe Massacbuaetts
Qas Companies in undisputed possession of the entire Boston
gas field, is described in the official statement as follows :
Whereas, the plaintiff in the suit of the Bay State Gas Co.,
of Delaware, against the Boston Gas Ligbt Co., et al, has
waived its exceptions, consented to the entry of a final decree ard waived any right of appeal, it is agreed as followsTie Bay Stat«* Qas Co. shall, provided the authority of the Olr1.
Louis, St. Paul,
78. p. 3337, 2884,
onit Ooarts of 'he United States for the districts of Masi^aohasetts and
Delaware has first been obralned, in consideration of one dollar and
other valaable considerations, conflrm the sale at auction on Feb. 11,
1903, by the Mercantile Trust Co , to Kidder. Peabody <fe Co.. of Boston gSkB stocks, shall release the Boston gas oompanle* from any
elaims It may have against them, proving out of maoagement or
otherwise, shall release the Massachusetts Qas )os , Kidder, Peabody
& Co., and tk« Mercantile Trust Co. from any claims growing out of
the sale at auction, shall release the Mercantile Trust Co. from any
claims incidental to the Increase of Bay State Qas (of Massachusetts)
stock by is.ono shares Nov. 24, 1893, and the issuance of the same to
the Mercantile Trust Co. ; and formally consents to such transfers
by the Bay State Qaa Co. of New Jersey as are neceesary to transfer
the gas stocks to the Massaohnsettt Qas Companies.
2. If such release be executed tbe Bay State Qas Co. shall sell and
the Massachusetts Qas Co. shall buy all shares of stock (other than
those sold by the Mercantile Trust Co. and mentioned In the release)
which are owned by the Bay State Qas Oo. of Delaware, In the companies below, named at the following prices per share :
737
Oshkosh (Wis.) Electric Light & Power Co.-Sotd. -The
property was purchased at foreclosure sale on Aug. 11 by W.
H. Whitney at a price stated as $215,000.—V. 79, p. 1*5.
Parrott Silver & Copper Co.— Dividend,— A dividend of
50 cents (5 per cent) per share has been declared, payable
Sept. 12 to stockholders of record Aug. 81. The last dividend
paid, alpo 5 per cent, was in Jan., 1902. In 1901 35 per cent
was paid
V. 78,
;
in 1900, 60 p.
c.
;
in 1899. 39 p.
c.
;
in 1898, 18 p.
c—
p. 2888.
Power & Mining Machinery Co.— Business.— This company, whose organization was referred to in V. 78, p 232, has
issued a statement calling attention to the large number of
important plants installed by it during the past year, stating:
The company started business a little over a year aeo, having
Holh ff Mining Maohluery Co. at Milwaukee,
where it immediately commenced extensive improvements for the
manufaotorine of its gas machinery. Tbe extension of these works
was begun in August, 1903, less than one year ago; and the same are
secured the works of the
hardly completed, but will be ready within sixty days for extensive
operations. In the meantime the company has taken upwards of
$1,000,000 worth of orders for Loomis-Petdbone gas apparatus and
CroFsley gas engines, which are beisg constructed In their shops at
the present time. These orders have been placed with the most representative and conservative companies in the United States, Mexloo,
etc.. Including among others the Pennsylvania Steel Co.; lu'ernatiional
Steam Pump Co.; Elmira (N Y ) Water Li«ht <b Rallroao; I>exlngtOH
(Ky ) Railway; Phelps, Dodge Oo., Naoczsbri, Mex.; Avlno Mines'
Durango, Mex W. H. Oone, Berlin, Out., Can., and Wellington (Kew
Zaaland) Meat Kxport Co.— V. 78, p. 232.
Sontli Dakota Water Co.— Decmon,— See "Sioux Falls,
S. D.," on page 746, "State and City Department."—T. 79,
;
p. 504.
—
Southern Textile Co,— Receivers' Certificates. Tice-ChanJ., on Aug. 9 confirmed tke apoellor Pitney at Newark,
Guild as receiver and a«tborJ»ed
pointment of Frederick
the sale of $30,000 of receiver's certificates to permit the
N
R
Windsor Mills of Burlington, N. C. The
receiver's preliminary report stated that all four mills were
shut down and that with the exception of the Windsor Mills
none of them is profitable,—V. 79, p. 604.
operation of the
Standard Typewriter Co.— Foreclosure Sale.— Oso&r Keen,
Special Master appointed by the Chancery Court ot New Jersey, will sell at public auction at the northeast corner of
Nassau and Sheffield streets, Newark, N. J., on Aug. 25. at 2
p, m., all the real estate and other property of the company.
V. 75, p. 1858.
Stilwell-Bierce & SmlthYalle Co., Dayton, 0.—Sold.—
This company's property was sold at auction last Thursday
under order of court and bid in by Col. J. D. Piatt, the
President of the Barney & Smith Car Co., of Dayton, who
$1,500 South Boston Qas Lleht O0..9150 has for several years been identified with the Stilwell-Bierce
Boston eas LightOo
250 Roxbnry Qas Light Oo
150
Dorchester Qas Light Oo ..
management. The purchase price was $775,000. The apBay State Qas Co. (of Mass.) 200
And in so far as the Bay State Qas Co. of Delaware has not yet been praised value was $1,265,870, less $73,600 for change in inThere were no
able to find the oertifloates for certain shares which, It is claimed, be- ventory since the appraisement was made.
longed to that company, tbe Delaware Co will use Its best efforts to other bidderp.
"I now own
Mr. Piatt is quoted as saying
obtain and transfer the same in accordance with this agreement.
the entire plant, and it will run, if the sale is confirmed."
3. On execution of said release, Klddsr, Peabody & Oo.wlll sell to the
Bay Stat* Qas Oo. of Delaware their claim against the Bay 8tat« Qas The company's liabilities are said to be about $1,250,000,
Co. of New Jersey on account of the balance due on the Boston United Including $300,000 of first mortgage 6s, due Oct. 1, 1918, but
Qas seconds which assented to the reorganization, after application subject to call at llO.-V. 79, p. 218, 156.
towards payment thereof of the proceeds of the foreclosure sale by the
Mercantile Trust Co., and will notify Receiver Hallock of the New
Sanset (Bell) Telppbone & Telegraph Co.— See ConsoliJersey Co. thuy will not be responsible for further expenses of con- dated Telephone & Telegraph Blectrle Co. above.— V. 70,
tinuing the suit of the New Jersey company against the Delaware
p. 692.
company, now pending in Delaware. -V. 79, p. 1<)7.
Sasqaebannn (Electric) Power Co.— PropostMon to City
Nattonal Glass Co.—Good Re»ults from Releasing Plants
to Fmrmer Oioners.— At the annual meeting on Aug. 9 the of Baltimore —QeoT^e K. McGaw, a director and one of the
large stockholders of the company, has addressed a letter to
Chairman said
On Jan. 1, 1904, the various factories owned by this company were Mayor Timaous of Baltimare, saying in substance:
leased severally to separate corporations on a basis of their respective
It is noted that, at your suggestion, estimates are being prepared to
values, as stateil on the books of this company. The operttlon of these show the probable cost of a municipal plant for the furnishing of light
oonoerns hae varied according to the conditions, locality and special and power to the city of Baltimore. It has been suggested by compe|
.
I
|
:
:
product of each, but the general result bids fair to prove that the
change from an operating to simply a holding company will be of
great advantage to this corporation.
Tbe National Qlass Co. does not assume on these leases to control
the policy of the several factories, but simply to liold the managements responsible lor the agreed rentals and ihe preservation of the
leased ptemtsee In as good shape as when possession was delivered.
This policy has succeeded In reducing expenses of the central oiBoe
minimum.
The ft^cal year
to a
of the leasing corporations will expire Jan. 1, 1905,
at which time a detailed statement of operations will be made, which,
expected, will be of a satisfactory nature.
It Is
The meeting was adjourned until a day in January to be
fixed later.-V. 78, p. 1278.
National Self-Windings Clock Co.— Mor^gicfflre.— This company, Int orporated in New Jersey, has made a mortgage
to the Chicago Title
Trust Co., as trustee, to secure an
issue of $M)0,COO of 5 per cent 20-year bonds. These bonds
are in series A, B, C, D ana B of $100,000 each.
The company's stock at last accounts was |400,000, of
which $150,000 was common etook; par value of shares $100,
and $260,000 6 per cent cumulative preferred, "paying
and participating" (par, $10 or |100).
President, A. L.
Clarke and Secretary Chas S. Burton: main offloe, Chicago,
III.
New York agents, P. C. Knliman & Co., 68 Wall St.
Operations at the plant in Foreetville, Conn., were suspended at^out the end of la«t year, owing, it was said, to lack
of working capital.
Recently the company was reported to
have been merged with the Illinois Clock Co., and to be arranging to move its plant to Illinois. Title to the Forestvllle property has been held by the Connecticut Building A
Loan Association of Hartford.
Niagara L- ckport & Ontario Voyrer Co.— Mortgage, Etc.—
Sae U'icM & Mohawk Valley Ry, under "Rallraads" above
&
—V.
79, p. 155.
Northey Corm^nnj.— Guaranteed Bonds.— See Canadian
General E eotrlc Co. under "Ancual Reports."
tent engineers that an opportunity is now open to the city in connection with the construction of the proposed new docks and piers to
equip tbe same with tbe most modern appliances, snob as electrical
cranes, for the handling of all classes of freight to and from th« vessels.
We respectfully ask that you have prepared an estimate of the electric
current and power which onuld be profitably used not only in connection with (he manloipal bnildlags and strnctnres. including the new
docks, but also to furnish snfnolent light for all the streets, alleys and
dark places throughout the city.
If such an estimate should show that the city will reasonably require,
say, from 3,000 to 5,000 electrical horsepower, our company would be
pleased to make a contract with the city to furnish the same at a prioe
per horsepower year at least 15 per cent eh saner than the eaase
amount of current can be produced and furnished by any plant proposed to be erected and operated by the city, with the use of coal and
steam for generating the same. Our contract to supply sild current
and power within one year from the date of the execution of the contract by the city oould be guaranteed by bondi.— V. 78. p. 992.
& Power To., Medina, N. T.—
special dispatch to the "Buffalo Commercial"
uader date of Aug. 11 quotes receiver Lyon of the defunct
Medina National Bank as saying that he had refused two
o^'-rs for about $125,000 of the company's bonds held absolutely or as collateral for loans made by the bank. An
off'r^ring of the $250,000 authorized issue was referred to in
V. 78, p. 1563; V. 77, p. 2103.
Swftt (A. L.) Electric Light
Bonds.- A
United States Glass V,o.— Report for Year Ending June SO,
1904.
President Ripley says:
In my last report, dated Aug. 19. 1903, an Increase was shown In
sales over 1903 of 10-2% per cent, with a loss on account of bad debts
of 1-12 of 1 per cent. This year shows an increase of sales over 1903
of 2 per cent., with a loss of 1-9 of 1 per cent on account i>f b>»d debts.
The net profit, after charging to expenses certain Improvoments as
well aa the unusual expense attending the iswulng of bonds, was .f i07,7.<3. Our manufactured stock on handlsabont the same In am nni as
last year, and has been Invoiced at prices less than cost of selling.
The new tank at Qas City Is in operation and a contract let for a new
one at Factory B, Pltisliuruh. All of our plants started on July 18
and are now rnuulDg night and day.
The net profit, $207,723, as above, contrasts with $251,871
for the year 1902-03,— V. 78, p. 993,
THE CHRONICLE.
738
United States Shipbaildin? Co.— 5a/e« of Conatituent
Properties.- Hon. 3 &me» Smith Jr., as Special Master, will
offer for nale tbe varloas properties secarlng the company's
bonds as f jUowh:
Sept. 2.— At 12m., 800,000 Bharea of ttook ot Bethlehem Hteel Co., at
745 Broad «t., Newark, «. J.
Sept. 8.— At 12 H the Cre«<y>nt Shipyard Co., Ellzftbethport, N. J.,
at Front and Fulton •treets, Ellzabethport, N. J., aad at 1 p. M Bamnel L. Moore & Sons Co., at 52 Front St., Klizabethporc, N. J.; 3 P. m
of the same day, the Oaoda ManafaeturlnK (>>.. at Carteret, N. J.
Sept. 12.— At 1:30 P.M., the EaBtern Shlpballdlag Co., at Groton,
Oonn.
Sept. 19.— At 12 M., the Hyde Windlass Co., at Bath, Me., and at 2
p. M., the Bath Iron Workn. Ltd.
Sept. 26.— At 12 H the Union Iron Works, at San Franolsoo, Cal.
The npset prices were given la Chronicle of July 9, 1904,
,
,
,
.
pages 169,
160.
Sttit Against Promoters,— Qovernor Odell on August 15
began a suit in the Supreme Court for Orange County
against the promoters of the company to recover |128,890,
the difference between the amount paid for the $188,000
bonds purchased by him and that realized from the sale in
March last of the bonds and the stock given as bonus. (See
V. 78, p. 1131.)— V. 79, p. 159.
—
United States Realty ft ImproTemeiit Co.— Strikes and
Lockout.— Oa July 26 the Building Trades Alliance of this
city called out about 1,200 men who were employed in finishing tke Rapid Transit Subway, these Including carpenters,
electiical workers, plumbers, metal lathers and plasterers,
the avowed purpose being to secure for the Amalgamated
Painters' Society one-half of the painting on the subway,
which was then being done by the Brotherhood of Painters,
and also to obtain the dismissal of non-union electrical workThis strike was in direct violation of the arbitration
ers.
agreement of the unions with the Building Trades EmployThe latter, therefore, on Aug. 4 declartd
ers' Association.
a lockouts, including the entire membership of all the unions
on strike, b th in the subway and on buildings. This lookextended,
includes eight of the thirtyone unions with which the Employers' Association has
contracts, and, embracing, as it does, a radius of 25 miles
about New York, involves some 16,000 skilled men, and,
including laoorers, etc, affects about 25,000. Among the
organizations concerned are:
as
out,
since
Tar, Felt &, Waterproof Workers, the Brotherhood of Carpenters, the
International Brotherhood of Elfotrloal Workers, the Plumbers' &
Gasfltters' Unl«D, the Mosaic & Enoaustlo Tile Layers, the Plain &
Ornamental Operative Plasterers' Association, the Marble
Mosaic
Enamel Workers' Association and the Metal LatherH* Association.
&
Under the terms of the employers' ultimatum, the men
have until Aug. 22 to return to work under penalty of being
re-employed only as individuals. Representatives of the
Employers' Association say that this would not preclude the
existence of unions but merely mean the submission of all
unions organized to the arbitration agreement.
On Aug. 15 and since the Buildit g Trades Alliance has
undertaken to retaliate by calling strikes of the stonecutters,
mosaic workers and others on various buildings, many
of them being under construction by the Fuller Company, which is controlled by the United States Realty & Im
rrovement Co. The buildings covered by the strike orders
include with others:
New Times Building, old Times Building. Sturtevant Hotel, Hanover
National Bank, American Express Building on 42d Bt
Apartment Hjtel and Colonial Bank Building.
;
Chatswortb
Only buildings that have been enclosed, i. e., have the
roof on, are affected by the aforesaid difficulties, There
are about 800 firms and companies in the Building Trades
Employers' Association and all their enclosed structures are
embraced in the lookout. The strikes above mentioned are
pronounced of little moment. It was reported yesterday that
Waterproofers' Union had agreed to accept
the Tar, Felt
number of other
the provisions of the arbitral ion plan.
unions, it is predicted will also return to work on Monday.
&
—V.
A
79, p. 274, 217.
United States Steel Corporation.— PHce Reduction.—Thia
company's subsidiary, the American Steel & Wire Co., put
in effect on Tuesday a material reduction in the prices of
wire products, viz. in wire nails from I'SOc. to l'60c,, in plain
wire from 1 70c. to l*45c., and in galvanized barb wire from
The cut, which it
2'40c. to S 05c., all f. o. b. at Pittsburgh.
is stated amounts to from $4 to |7 a ton, according to the
grade, is generally supposed to be aimed at the independent
concerns, particularly the Republic Iron & Steel Co. and the
Pittslturgh Steel Co. These last-named companies, as stated
last week, have entered Into a contract by which the former
to convert 110,000 tons of pig iron into steel billets at a
price that will make the same cost the Pittsburgh Steel Co.,
according to current reports, onlv |19 a ton, or $4 less than
the list price of sometime past. The Pittsburgh Steel Co. has
met the cut of the American Steel Co. and made some
further concessions which have also been granted by the
is
company.
Touching these and other matters, the "Iron Age" sayg:
latter
Considering the fact that the gentlemen's agreement In the steel
trade has long poAsessed a shadowy value, the fleet upon sentiment
of the recent oocurrences has been rarher sur^rlsljig. So far as the
great nias" of the tonnage of finished steel is oonoerned, the situation
is not at all changed, whether billets are selline at $23 or at $19. The
great oomnanles which make finished products going back to the ore
are not afleoted at all. The large consumers of steel either have their
oonversloii contracts or their sliding scale contracts based on pig
Iron, which has declined from natural causes. Under these sliding
•-
[VoLh LXXIX.
scale contracts they have been getting their steel at dose to fl9 for
some time past. It Is only a limited number of small outside forges
and rolling mills who have been "heia up" unfler the Kentiemen's
agr^-einent, and with a wide open m^trket for steel rhcv will simply be
placed In a somewhat better position to fight for a modest share In the
flclshed lines. In a market like the present this may have some
Influence.
The real danger lies in the gathering signs of a disintegration among
the more serious pools in the finished trade. Foremost among these
Is the Beam Association.
It Is reported that this structural pool has
invited the Lackawanna Steel Co. to enter, and that this invitation
has been declined on the ground that the pool agreements were not
being kept. The coinpany has completed a very large new mill and
has only lately made its first important sale of strnotnral materUl. It
seems probable that the position of the markets in this branch will be
thoroughly tested by the resnlts of the bids on the large anjountot
work for the South Side Elevated RB. Co. of Chicago, which will probably be known this week. There Is growing uneasiness, t )0, in the
plate pool. Reports are current that the steel rail makers will probably take np the matter of 1905 prices early In September. In the
meantime the selling prices of light rails are showing a further decline,
and what little business Is doing is being fought for until at times aa
low as $18-50 and $19 at mill Is beiuK accepted.
The Southern labor situation Is expected to come to a head at an
early date. There may be some trouble, bat It is believed that it will
not be loajf before the district Is again producing at a normal rate. In
the meantime the Northern furnaces are taking the greater part of
what business is coming up on the basis of $11*50 for No. 2 Foundry
at furnace.
The " Age " furnishes comparative
list
prices as follows:
C0HPAKI8OH or LIST PBICEB.
Aug.l7, A.ug.10, July 20. Ang-W,
1904.
1904.
1904.
1903.
$14-25 $14-25 $16-75
12-86
12-50
17-85
11-85
16-00
1200
23-00
23-00
27-00
23-0O
28-00
28-00
2800
3500
1-60
1-60
1-60
160
2-00
2-00
2"60
2 00
3-40
2-50
2-05
260
1'80
1-90
1-60
200
Foundry nig. No. 2. Standard, PhUa.$14-25
Bessemer pig, Pittsburgh
^ 12-85
12-00
Gray forge, Pittsburgh
Steel biUets. Pittoburgh
Wire rods, Pittsburgh
Beams, Pittsburgh
Sheets, No. 27, Pittsburgh
Barb wire, t. o. b., Pittsburgh
Wire nails, f. o. b.. Pittsburgh
Out nails, f. o.b., Pittsburgh
Steel rails, heavy. Eastern Mill
At meetings
in this
1-65
1-75
1-65
2-15
28*00
28-00
2800
2800
city on Thursday the Eastern Bar Iron
&
Bolt Association re-affirmed the
Association and the Nut
prevailing schedule.- V. 79, p. 632, 504,
Univergal Tobacco Co.— 5aZe.— Under an order of the
Court of Chancery of New Jersey, dated Aug. 16, the trustees
in dissolution will eell ail of the assets, as follows
(1) At the factory No. 214 East 43d St.. New York, on Aue. 20,
:
at 11 o'clock
A.M. (a) Tfte following brmds of Turkish cisarettes, with certified formula^ for
making tbe same: Pall Mall, La Marquise, Bsjyptienne Si raiphts. Amna. Ibis,
Piccaailly, Premis, Horus. Silko. Pyramids, (b) The followiug branrts of Vireinla cigaretie!-. with cerlifled formulas for making the same:
SovereigQ,
Hansom, Red Sun, Omar, (c) The following brands ot little cigars, with certified formulas for making the same: St. Leger, Sovereign, (d) The following
br4n(ls of smokintr tobacco, with certlded formulas for maklug the satne Real
Biamond, Red Sun, Union Maid, John Anderxon Solace smoking and chewing
tobacco. Honey Dew smoking and chewing tobacci, and all the machinery,
furniture and fixtures formerly belonging to the company.
(2) Ai the factory at Lynchburg, Virginia, on Aug. 29, at 11 o'clock A. M., all
cigarette paper, machinery, farniture and fixtures there situated.
The Commonwealth Tobacco Co. has stipulated that it will
make no claim to said assets when sold or any of them by
reason of any manufacturing contracts heretofore made
and the Universal Company, and that the sale
free and clear of the lien of the mortgage made
by the Universal Company to the Union Trust Co. of New
between
shall be
it
made
York, trustee, dated July 1, 19D3. (V. 77, p. 150.)
The application of Camilla Weidenfeld, Thomas W. I*aw8on
and William J. Brown, minority stockholders, for the appointment of a receiver, was denied by VicG-Chancellor
Stevens on Aug. 15. The sale will permit the carrying out
of the plan tomerge the company in the
Tobacco Co. (V. 78, p. 2338).— V. 78, p. 2608.
Commonwealth
WeBtern Transit Co.— New Steamer for Lake Connection of
New York Central.— Tbia subsidiary of the New York Cen-
& Hudson
River RR. recently put into commission the
length is 401 feet; beam, 50 feet;
depth, 80 feet; and carrying capacity, 6,000 tons. Tnis makes
seven modern steel steamers in the Transit Company's fleet,
six of which have been added since 1898, it being the company's policy to add a new steamer each year. In addition
to these steel steamers, the company has nine iron and
wooden steamers. This fleet of sixteen steamers enables the
New York Central to give a daily freight service from Buffalo to Milwaukee, Chicago, Duluth and Portage Lake.— V.
tral
new steamer Duluth, whose
76, p. 216.
Wbltehali Portland Cement Co.— Mortgage,— The company has made a deed of trust to the Real Estate Trust Co. of
Philadelphia, as trustee, to seoare an authorized issue of $500,000 six per cent 10-year gold bonds, dated Aug. 1, 1901, in
denominations of $500 and |1,000 each, covering the plant
and proper tv at Cementon, Pa, The bonds are subject to
19C9 (or after ?) at par. Interest is payable at the
1733 Land Title Building, Philadelphia, There are
also $400,000 twenty-year 5 p^r cent first mortgage bonds outstanding, maturing May 1. 1920, but subject to call at par
since May 1, 1904, at any interest period (May and Nov,), the
same trust company being trastee. Stock authorized and
outstanding, |5(i0,00b, all of one class, in shares of $100 each.
President, T. M. Righter; Treasurer, W. B. Whitney; Secretary and Asst. Treas., W. C. Kent.
call in
office,
Zenith
Farnace
Co.,
Dnluth.— De»crjp«on.— The "En-
gineering and Mining Journal" of Aug. 11 describes the
company's plant. V. 78, p. 1558.
—
—
The regular quarterly dividend of 1 per cent on the preSnsquohanna RR, Co. (being
ferred stock of tne Buffalo
preferred stock dividend No. 9) has been declared, payable
Sept. 1, 1904, to stockholders of record Aug. 13, 1904.
&
—
.
.
THE CHRONICLE.
AuCx. 20, 1904.]
739
COTTON.
^hje (f^ommzxtml gimjes.
Friday Nioht, August
EPITOME
COMMERCIAL
Friday Nioht, Aug.
19, 1904.
As a general rnle the condition of business has been fairly
satisfactory, with a gradual opening of business activity as
the iiiflaences of the approaching fall season have been felt.
Jobbers and dealers in a number of lines have been meeting
with a fairly good run of orders from the consuming trade.
development that has attracted considerable attention has
been the sharp cutting of prices that has been made in
some lines of steel goods. The immediate effect of this cut
upon the trade is of an unsettling character, but with the
adjustment of values to a lower and therefore more attractive basis a revival of activity is expected to follow.
Unusual excitement has attended the speculative trading in
the grain markets; the wild advance in wheat values has
continued, based on crop-damage reports of a sensational
Prospects have continued promising for good
character.
yields from the corn and cotton crops.
Lard on the spot has had only a limited sale, the demand
from refiners has been light, and, exclusive of limited purchases of city, exporters have done practically nothing. The
tone of the market has held steady ; in fact prices have advanced slightly on light offeringa, closing at 7*30c. for prime
Western and 6'75c. for prime City. Eefined lard has been
firmer but quiet, closing at 7'40c. for refined for the Contl
nent. Speculation in lard for future delivery has been moderately active and prices have advanced on light receipts of
swine and in sympathy with an advance in values for corn.
The close was at a slight decline from top prices.
A
DAItT OLOSraO PBIOBB Of LABD VUTUBBI IN OHIOAOO.
Ihur:
Wed.
Mon.
futi.
8at.
Sept. del'y
Oct. d«I'T
6-77ifl
6 87ifl
6-82ifl
685
6 9a>«
6-921*
Jan. ael'y
690
6-91^
6-97>fl
6-87 ifl
6-97i«
7'02>«
6-95
702ifl
7-07»a
m
6-87ifl
6-97»«
as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 14,030 bales,
against 5,748 bales last week and 5.953 bales the previous
week, making the total recieilpfcf. sinoe the 1st of Sept., 1903,
7,137,296 bales, against 7,639,462 bales for the same period of
1902-3 showing a decrease since Sent. 1, 1903, of 502,168 bales.
at—
BeeeiptM
105
are the closing asked prices:
6 5Bo. ,Deo
Bepi
6-600.
6 700.
Oct
,..^
Kaw
I
Jan
March
,
6-90o. April
7"00o. May
7-20o. IJuly
Wed.
Tue$.
1,473
1,410
1,561
in.
Tkurs.
1,591
Pt.Arthur,&o
Total.
2,568
8,708
-•....
Sfew Orleans...
Mobile
Pensaoola, Ac.
149
Savannah
Bmnew'k, &c
218
239
272
536
237
1
1
S
1.438
11
1,250
6
Oharleston
Ft. Royal, &o.
Wilmington....
Wash'ton.&c.
410
281
148
194
96
824
83
r:i....
......
2
6
2
33
94
186
115
70
787
44
452
50
155
453
193
3,616
14,030
266
56
Norfollr
2
N'p*tNew8,&o.
New York.
1,00
WVOOhlMt
111
Boston.........
Baltimore
PhUadelp'a.Ac
38
103
2
Tot. this ireek.
674
1,946
3,182
2,239
2.393
The following shows the week's total receipts, the total since
Septc 1, 1903, and the stocks to-night, compared with last year.
1902-03.
1903-04.
Beceiptt
to
Aug. 19
ThU
This
week.
Since Sep.
1, 1903.
week.
Stock.
Since Sep.
1, 1902.
1904.
1903.
702'«
for best Western.
Brazil grades of coffee have been in fairly active demand,
especially for the commoner grades, and, with supplies controlled largely by a prominent roastlng-house, prices have
advanced. The close was steady at 8}^c. for Rio No 7 and
8^c. for Santos No. 4, West India growths have been in
fair demand and firm at 93^(a93^c. for good Cncuta and 11140.
for good average Bogota. East India growths have been in
fair demand and firmer.
Speculation in the market for con
tracts has been on a fairly extensive scale. Prices advanced
on crop-damage reports from Brazil, then reacted under
liquidation and bear pressure. The close was firmer on
smaller Santos receipts.
The following
Mon.
8ai.
Qalreston.
Pork has been quiet and in the local market pric s for Galveston...
Pt. AT.,«feO.
mess have been lowered slightly, closing at $13 50@13 75 for
mess, $14 50@15 00 for short clear and $15 00 for family. Cut New Orleans
meats have had only a limited sale, but prices have been well MobUe
maintained, closing at 6J^@7c. for pickled shoulders, 10@ P'saoola, «fco.
lO^c. for pickled hams and ^%@%%g. for pickled bellies, Savannah...
14@10 lbs. average. Beef has been firm but quiet at $8 50(g> Br'wlok, &o.
9 00 for mess, $9 50® 10 00 for packet, $10 50@I1 00 for family C!harleBton..
and $15 00@16 00 for extra India mess in tcs. Tallow has P. Royal, &0.
been in light supply and firm at 43^c. Stearines have been Wilmington.
steady, closing at l%(i. for lard stearine and 7@7^o. for oleo Wash'n, &o.
stearine. Cotton seed oil has had a fairly large sale at Norfolk
steadier prices, closing at 283^@29o. for prime yellow. But* N'portN.,&o
ter has been in fairly brisk demand and steady, closing at New York...
13@183^c. for creamery. Cheese has advanced, but the close Boston
was quiet at &%@S% for State factory, full cream. Fresh Baltimore.
eggs have had a fair sale at firm prices, closing at 203^@21c. Phlladel,&o.
Aug
19, 1904,
Thb Movement of the Ceop
730o
7-400.
7*580.
sugars have been quiet and there has been a slightly
easier tarn to pi ices, closing at43^c. for centrifugals, 96 deg.
test, and 3 11 16c. for mufcovado, 89-deg. test. R fined sugar
has been taken with a moderate show of freedom on contracts,
but new business has been quiet, closing at 5@5 10c. for
granulated. Teas have been steady,
Kentucky tobacco has had a limited sale and prices have
bten well maintained.
An active business has been experienced in seed-leaf tobacco, the sales for the week
amounting to fully 3,000 cases, principally Connecticut
Havana and Connecticut broad leaf, and at full prices
Sumatra tobacco.has been in fair demand and firm. Havana
tobacco has been qoiet.
A better demand has been reported for Straits tin and
prices have advanced. The close was quiet at a slight reaction from top figures at 26 85@27o. Ingot copper has had a
fair sale to the home trade, with prices for Like and electrolytic quoted at 123^@12^c,
Lead has been steady at 4*15®
4-20c.
Spelter has been unchanged at 4'86@4'93o. Pig iron
has been quiet, closing at $18 25@18 76 for No. 2 Northern
and $13 26 for No. 2 Suuthern.
Refined petroleum for export has been steady, closing at
7'70c. in bbla, 10'40c. in caaea and 4'80c. in bulk.
Naphtha
has been steady at \\%c, for 71 degrees and 12j. for 76 degrees.
Credit balances nave been unchanged, closing at
l'50c.
Spirits turpentine has advanced slightly, closing firm
at bl^i@b'l%G. Rosins have been steady at $2 65 for common and goua strained. Hops have been firm and higher
on unfavorable crop news from Europe. Wool has been firm.
8,703 2,349,715
104,029
1,433 1,939.356
11 200,095
132,868
1,250 1,146.806
120,760
1,003 156,534
1,290
43 321,475
336
787
165
452
193
4E4,293
22,144
18,815
32,769
31,092
14,854
14,030 7,137,2y6
Totals
172 2,092,337
154,105
600 2.303,676
214,967
156,038
72 1,297,267
130,622
6 209,706
337
28 329,696
387
161 609,330
294
25,465
•
8,791
885
,.•••..
2i,8Q4
269
17,664
53
8,470
2,890
566
129
303
207
1,049
81
.......
36,633
98,889
47,750
27,277
30,434
2,814
154,360
3,600
727
1.616
282
756
2.021 7,639,462
79.622
180,887
195
298
195
In order that a comparison may be made with other years,
we give below the totals at leading ports for six seasons.
Receipts
at—
Ualvea'n,
New
1904.
Orleans
MobUe
Savannah
Ohas'ton,
.
.
dec.
172
600
72
1902.
1900.
1901.
16,605
2,664
194
2,409
1,693
2,893
20
18S
817
448
73
214
172
1,266
12
784
190
1899.
8,232
5,148
14,638
6,763
365
3.085
1,286
1,067
1,4G8
800
6
28
161
294
688
418
381
1,001
1,617
1,976
14.030
2,021
24,692
17,281
8,115
28,795
Wilm'ton Ac
Norfolk
N. News, Ac.
43
787
All others...
wk.
Tot. this
1903.
8,703
1,433
11
1,250
1,003
<Sso.
143
123
569
Since Sept. 1 7187,296 7839,462 7488,636 7552,647 6548,143 8449,012
The exports
of
to
for the week ending this evening reach a total
bales, of which 2,106 were to Groat Britain,
Franc© and 2,089 to the rest of the Continent,
Below
4 205
are the exports for the
BxiporU
trom—
week and sinoe Sept.
Week Ending Aug. 19 .190*.
Barported to—
Ortat
Conti-
1
flrtfn.r''*"**
iJalTeaton
Pt-Arthur, Ac.
New Urleani..
nent.
From
S«pt.
Jotal
Ortat
Eranci
Wtek. Britain.
062
1,102
UokllA
Pensaoola
'iayannata-....
310
310
Brxiniwlok....
1908.
1908, to
Am
.
19,
1004
Exported to—
701.351
17,116
450
1,
1,
816,(51i'
333,238 Z6T,S12
37,880 16,308
63,302 18,691
181.037 6e.99kf
84.901
CharlMton....
Portaoral....
Oonti
nent.
Total.
720.859 1.831.382
78.8r,
90.439
e.5^87^ 1,758.925
119.898
H6.79I
131.787
B90.603
8i:7,089
7,924
92,195
43.06B
48.066
wiimlnirton...
73.ZS9
fl,85('
884,4C>t<
314,e07
Norfolk
N'port N.. 4a.
8,K98
300
6.U4
8.717
4.3S8
New York
Boston
8altlinor«
462
402
1.409
1.409i
857
e76
932
PhiladalphU..
Han rraiu, Ao,
Total
Total. l»09-08.
8.118,
a,»ee
im'
265.496
110,601
Bs.ese
43,HO0
87
2l',587
3.fl«9
b,0.17
189,978
4hB 0^6
6101
118.702
40.866
00,061
4.160
48,646
46.768
46.741
S080
4,906 9,667,858 706.861 3.7B0,u69 rt,0i6,17e
i.srn
6,lflfl
t,H«H,B9' 786.1.^>" 8,091,M9H «.fl76.'>6i
.
.
•
.
«
~
.
THE CHRONICLE.
740
[Vol. Lxxix.
In addition to above exports, otir telegrams to-night also
give us the following amounts of cotton on shpboard, not
cleared, at the ports named. We add similar figures for
New York, which are prepared for onr special use by
Messrs. Lambert & Barrows, Produce Exchange Building.
ON SHIPBOARD, NOT CLGARBD FOB—
Leaving
Aug. 19 at—
Olhtr
Oer-
Coastwise.
^V.tSlJFr'nce many. For'gn
Kew
Orleans.
Oalveston.. ..
Sayannali.. ..
Charleston .
1.2U9
690
"356
1.425
1.563
stock.
Total.
©c>
liTls
270
100
1,207
4,622
3,900
300
300
"6'7"5
""67"5
New
York....
Other porta
bOH<
4,89
8,170
'
««o
66'
.
Mobile
Norfolk
aob
20,1«2
""800
'156
"306
Totall904..
3,399
350
2.571
9,729
5P8
821
3,278
1.968
2,452
11,447
68.176
254
125
878
3.548
20,666
177.339
129,302
II
6,528
Speculation inco>ton for future delivery has been on a limited scale only. Outside interests have done comparatively
little trading, and, exclusive of a local bull clique, regular
operators have been light traders. The floctuatioas in prices
have been within a comparatively narrow range and the nei
charge from values ruling a week ago is only a few poinds.
Early in the week there was an easier tendency to prices
under limited selling, principally by scattered longs to liqui
date their accounts
Subsequently, however, there was a
moderate upturn to prices, with local bull interests more
aggressive. Crop deterioration was reported from some sec
tions of Texas, and complaints of too much rain in som»parts of the cotten belt had a tendency to start some buying
by bear interests to cover short sales. The movement of the
new crop is not getting under way as early as was generally
expected, and this was another fact that operated in favor of
the market, particularly in view of the small remaining supply of old crop cotton. To-day there was a qaiet market
During the morning prices advanced a few points on predictions of showers in the South, bat which were not wanted.
The improvement, however, was not maintained. The clo8^
was steady, with prices unchanged to 5 points higher for the
day. Cotton on the spot has been quiet but steady, closing
at 10'65c. 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.
c. 1-30 on
Good Middling Tinged o. Even
Fair
Middling Fair
096 on Strict Mlddlli g Tinged... 06 off
0*62 on Middling Tinged.
Strict Good Middling
12 off
0*44 on Strict Low Mid. Tinged ...
Good Middling
34 off
. .
Low Midd.lng
Low Middling
0-14 off Low Middling Tinged
050
0-38 off Strict Good Ord. Tinged
84
72 off Middling Stained
Strict Good Ordinary
050
Ordinary.
Low
Good
1-OOoff Strict
Mid. Stained... 1 06
1-50
Strict Good Mid. Tinged.. 0-30 on Low Middling Stained
Strict
9«
.
off
off
off
off
off
II
this basis the official prices for a few of the grades for
the past week Aug. 13 to Aug. 19— would be as follows.
—
UPLANDS.
Sat. Jflon
Good Ordinary.
950
9-66
Low
Tae« \¥e4 Tb.
9-65
9 65
9-65
Frl.
9-65
1017 1012 10-27 10 17 10-27 10-27
1055 1050 10-85 10 55 10 85 106ft
10 99 10-94 li-09 10 99 111-09 1109
11 51 U-46 11-61 1151 |ll-61 1161
Middling..
Middling
Good Middling.
Middling Fair..
GULF.
Sat.
nion Tnes l¥e4 Th. Frl.
9-76 9-90
980 9-90 9 90
10 42 10-37 10-82 1042 10-5J 10 52
10-80 10-75 1090 10-80 10-90 10 90
li 24 11-19 il'3i 11 24 1134 111-34
11-76 11-71 11-86 11-76 11-86 I11-86
9-80
Good Ordinary.
IjOw Middling..
Middling
Gtood MIdaUiig.
Middling Fair..
STAINED,
Sat.
Mon Tnes Wed
Tb. Frl
9 00 915
905 915 9 15
1005 10-00 10-15 10-05 10-15 lO'lS
Middling
10-16
10 31 1021 1031 10-31
Strict Low Middling Tinged... 1021
10 55 10-50 1065 1055 10-65 10 65
Gtood Middling Tinged
Low Middling
9-06
for middling upland at New York on
for each of the past 33 years have been as follows.
1896.... O. f5,g
1888.... H»4
1880
1904....C 10 65
C illli6
12-75
1887
l6->»b...... 70ie
9liie 1879
1903
\\^
1886
1894
7
1878
12
1902
9
95,8
7B,s
1898
..
1886....... 10%
1877
1901...... 8
1884
10
189a....„ 73i6
1876
1900
ICa
12%
The quotations
Aug.
14*
,
1899
1898
1897
e^ia
fi
8
1891
1890
1889
„,
7lbi8
lliSia
ll^ie
im
1888......103,6
1888
1881
MARKET AND
.13I16
12H
1876
14»8
1874...... Ib^g
1873
ig'e
SALES.
The total sales of cotton on the spot each day during the
week are indicated in the following statement. For the
convenience of the reader we also add columns which show
at a glance how the market for spots and futures closed on
same days.
Spot Market
Olosbd.
FCTURB8
Market
Closbd.
steady .
8teady
wulei, 16 pt.8. aa steady
Taesday
Wednesday Quiet, 10 pt«. (ic tinlet
TboTBday.. «4alflt, 10 pts. ad aolet
Friday
Dull
<4alet........
SatTirday
..
On1*t.--
Monday.... St'dy, 5
. .
Total
...
pts. dec.
Sales of Spot
& Contract.
Ex-
Oon-
Con-
port.
s%im,p.
tract.
I
«
445
445
1,621
8.276
©©
I
©© ©
II
«
II
Id
I
9
I
I
I
«
I
S36
628
216
129
8.875
a©
-jcii
>JUi
«
I
«
©
©
©
f
I
I
«a©
I
I
«
I
«
I
©©
*l
I
©©
9
to to
tc©
tt
11
ka«4
CO
19
19
19
I
9
to©
II
II
I
19
I
I
^1
©
19
COCO
QDQD
MM
»© ^^
©a
•i'j
I
9
9
CO CD
1
CPICX
©«]
9
to to
'
I
to to
69 •J
•
I
9
19
.9
coco
CD©
I
-j«j
COM
I
to©
<^©
00©
^
9
9
QDQD
'
®
i9
I
to
I
I
•
00
teco
M>^
00
OG
M©
CD©
9
9
^S CD
CO CO
C^©
©-4
00
C<9
^
I
1^
I
9
«
M
9
toco
obcD
kS©
9
I
9
©©
00
<3i^
19
1^
•
[
^>
;Sg
'
9
©CO
^
©I
cc
19
i9
|9
toco
<l*4
©to
19
I
I
«
to
I
I
©« 00
•4«4 CO©
©M
©© O© MM
M©
©© ©© ©© © ©©
©©
a©
©a tccD MM
acTi
Wi^ «» ©o ©a
I
©
©
en
9
'
COO
00.4
>-00
C©
I
«
toco
^00
a
I
CO©
©«
I
i
1-6
MC7
ob-i
COl^
COCO
©© ©
ii
obob
©a
©1^ ©^ ©
«»
I
I®
Ota
e©
©»
I
I
©^ ©Ob
©W
toco
©©
©© Cb ©
CO
Mill
I
t5c6
ODOd
«
I
©©
den
to©
aO<
I
CD CO
•
cot-'
II
CO CO
-o©
aco
-I
OD
«i->j
©
•
o»c5i
ccgo
a
A
©*j
•jcJ"
COOD
«
©
9
«» 00
QDQO
©©
CO CO
cJci
I
©© o©
^o
ob^
©© ©© ©© ©© ©© o©
u©
©© ©© toco «© ©© «© <DCD 00
9
I
9
o
9
I
'
I
•
COCO
M-J
'a
•
o>
I
9
19
w
©
O
*
o
(O
©
I
'
I
«
©
•
1*?
«
Ob
iBB viBiuLR HUPPLT OF OoTTOif to-nlght, as made up o}
able and telegraph, is ai follows. Foreign itocka, ae v^eW
u the afloat, are this week's retorne, and consequently all
oreign Signrei are bronght down to Thursday evening,
^t to make the total the complete Qgarei for to-nlght
Aug. 19), we add Ihe Item of ezporti from the United States,
lading In
It
the exports of Friday only.
1904.
balet. 281.000
iioek at iiivwpool.
at
London.
Stnek
28.000
.m^.. .....^ .,„
itoek at Manclieiter. ..^ ..~«>
20.000
Total Ureal ttrltaln Itook.' 829.000
ito«k at Hamburg....... ...^..^
43.000
ttook at
Bremen....
...........
«toflk at Antwerp ....... ..>...
(took at Havre.... ..........
Itook at UatBeiUeB...^
, ....
ttoflk at Barcelona.........
itoek at Genoa
.
•took at Trieste . .....^
1903.
1002.
290.000
18 000
31,000
839,000
34 000
84,000
4.000
79,000
476 000
4.000
23,000
8000
2000
181.000
15.000
157,000
18.000
79.622
60,093
1,064
611,779
198,000
28.000
163,000
24,000
180 8S7
13,173
337,000
835,000
185,000
60.000
14^.968
55.454
2''6,769
100.000
28,000
5,000
113 000
92.000
18.000
3.000
83,000
98,000
13.000
89,000
21.000
111.000
10,000
80,000
4 000
31,000
497 000
20 000
69.000
1901.
446,000
10.000
456,000
19,000
65 000
3000
3.000
93,000
3.000
11,000
30,000
24,000
10 000
19000
14,000
21.000
18,000
12 000
9.000
15,200
Total Continental stocks.. 870,000 246,000 235,000 223,200
r«ir,»i Knropean 8tooKt....~ 599.000
58^.000 732,000 699,300
61.000
98.000
30 000
36.000
India cotton (float tor Knrope
60 000 110,000
A.mer. cotton *no»tfotB!'rope.
18.000
24,000
Brazll.Ac.,
%flt.Ior
E*pe
13.000
13.000
14,000
16,000
EKypt,
St'iok In Alexandria, Egypt...
65.000
4^000
67.000
5.000
Stock in Bcimbay, India....... 361.000 436,000 344.000 391,000
Stock In ULited -states ports..
79 622 180,837 149,968 266.759
Stooli In U. 8. interior towns..
13.173
60.093
55.464 139.801
1.064
3 313
United States exports to-day.
1.523
4.205
lvj»ai 'tslblesnpply
1 257,779 1,856,583 1,434.627 1,718,572
01 tke above, totals oi American and otber descriptions are as follows:
88000
8'<.000
Amtritan—
jWerpooi stock
bales.
Manoliester stock.......
jontlnenial stocks.............
imerlcan afloat for Karopn...
Jolted States stock.
......
jnltedStatesinterloT stocks.
7nlted Statesezport to-day.
Total American...... ......'
Matt /vMliaH, Bratil, «ie.—
<iTer pool stock . ..... ...... .......
u>nAon Mtock
..............
Manchester stock
oUtlueUiaiBbUCKB.... .........
adla afloat lor Borope .......
(STPt. BraslI, Ac, afloat......
61000
1.523
608.583
13.000
5000
65.000
436,000
•took tn Bombay, India........ 361,000
Total Kast India, *e. ...... 746,000 748.000
511,779 608.583
Total Amerloan,
1,257,779 1,366,583
Total risible supply
>tiooK fn
Alexandria, Egypt...
Upland, Llverpovji..
MddllneUpland, New York..
«irypt Good Brown, Liverpool
era f. Bough Good, Liverpool
7iB,8d.
6-70d.
12-75o.
9i6,gd.
10-50d.
9 00d.
•roaoh Vine, Livexpool
6ii,6<l
(t<t<*v«iit (}ood. Lffverp'to ...
6-12d.
I0 65e.
6Bied
S'^el-
5''ied
173,000
110.000
139,801
3,31>
4.205
1,017,878
841,627
"70206
88,000
30,000
16,000
14,000
67,000
46.000
841.000 391.000
693 000 701,200
841,627 1.017,878
1,4^4.627 1,718,578
'50,000
427sad.
9o.
7i3,«d.
7d.
4»i6d.
4»i6d.
438a.
8389.
6iijd.
70.
^^US*
4^b<x.
week have been 20,000 bales.
ly CJontinental imports past
show a decrease from last week
The above
1904
98,804 bales from 1903, a decrease
of 176,b48 balee from 1902 and a ioes of 460,793 bales from 1901
figtires for
of 104 354 bales, a decline oi
....
©CO
00 13
I
II
II
CO©
©© ©© ©©
II
I
.
©
05©
I
9
'
CO©
I
.9
10
tlddllnir
Total.
1,621
236
628
216
129
**
MGO
.i
On
•
I
Oi Oi
II
I
2,715
d
OOI-'
I
3 4
29.234
4,490
700
Total 1903..
Total 1903..
I
ebCA
>.1U>
26»
1,950
700
.
O
tjt^
© ©«
CO
I
I
ac^
©OD
.
.
AVG.
THE CHRONICLE.
20, 1904.)
Towns
Interior
At the
..
movement— that
the
tht
is
the shipments for the
receipts for the week and smce Sept. 1,
week and t&e stocks to-night, and the same items for the
741
corresponding period of 1903-03—is set out in detail below.
tttTiT"^"^'-*
ww
M —
*^
tTw .a?
trsp
111
m
ix
CLOSING QUOTATIONS FOB MIDDLING COTTON
Week ending
2 Q o Q 5 r w K Q b»'(f p» > r a cc g a
» * prS p a o Poo 355=3*
A%tg.
o
19.
Sat'day.
£
2 a? a*
d O
O
|-;P
o
o
s
o
«<
n
o
»(3
O
w
00 p<
1012
10^4
1012
lOk
10Ti«
1038
10T,6
1038
107,6
1038
10
10
10
10
10
10
Savannah
1038
1038
106,6
lOBje
1038
103e
lOSs
10»fl
lOifl
lOSg
lOBg
10'55
11 00
10-=
10 65
11 00
10-90
1058
1100
1055
n-00
1090
105s
1055
-
.
.
11 '00
.
ma.
B?"
10-80
lOSs
10i«
Augusta.....
•
Memphis....
St.
Of
<
•
Jk'
1
!
i(^'
w;
"Jo
IP-
o
o
toi-'Qol M
*J
^
»';
0»
lOK)
Little Rock..
•
J^-i-iOoJrf^^Jll^O
,*-•
to
t •"•
."*».
*«. A»s
"^ .V
**.
^«
."^ j"^
.r^.
("^
i-v-
'r\
rn
/v> /*\ ^"1
j.-^
K*
nri
m
b."!
^^
k"i /*v *ti
O
OOKX-"-
00
to
•
OD
»•
<ip"0D W QD^^ ?5'^
tOU'l^XO^i^O'U'^VOOOCO
«
©
OOl
05
-r- t0"'>O'M
^ OStOO <1W»J50
p
OMOOOMtOWCOi^
05
;
WMH-HH*-''
CO Closes
OOtStf'.W'-'
1
cl tSM;
•
03'
OOO-
kOGD
MCKO)
to
to
?r
wtoi
^>
Si**'
l^03O<C0C0aul0aC0 33kSr»
Dbc'bek—
Range
.
MW
O
Closing.
aoat9C9too<M->ioo3to©H'^too<>3if>'C009a6*4i^if^05aooor->05*4r"^ao
Ran^e
Closmg..
:
»;
©
©
»-"
oj!
tO"
cj.;
«! w'
M
CO
^*
10
10
9
.
1038
Louisville
Montgomery.. 10i«
Nashville
lOSs
Natchez
Raleigh
Shreveport..
9-42- -47| 9-32--41
9-43- •44 9-40--41
9-37--53
9-49--50
9-40--44
9-41--42
9-30--39
9-38--39
9-359-48-
9-459-46-
9-35--44
9-40--56
9-3 3.-48
9-42--43
9-44 •55
9-48 •49
m;
•
w;
o!
<i!
05
«-•
03;
to
:
:
00-
.
*«
;
on© o; toifk>- t-'i^,!
M*40Ci«0' toaOH'too-
^
„
ts» w
o>aa<ir->->
Spot...
Easy.
Optlonfl.
Qnlet.
W BATHER
M
10i«
1014
91I16
9-36-46 9-42
;
9-47- •54
9-51- 52
9-41--42
9-47 •43
9-45--52
9-49--50
9-45--50
9-46--48
9-43--61
9-52--53
9-52- 58
9-54- 55
•55
9-43-45, 9-53- -55
Tons—
.
:
10
Jan* ART—
MMMMi^-^->i(>'j>o>oo>4a©o<ooh^i^w<o^'X>o;©:^ic^->]Ui03too:o>^
M
10
10%
1016- 18 1018--25 10-20--25;10 30-40 10-38--40
10 18
10-24--25 10 25
10-38--40
Closmg.. 1015--20 1017- •20 10-20
Sept.
Range.. 9-62--69 9-50 59 954 -71 9-54- 63| 960--72: 9 65- 72
Closing.. 9-63--64 958-59 9-68--69 9-58--60 9-65--67 9-67- -68
OCTOB'B—
Runge ..
•a OS 05 00 C i^.*.l-iOC5*'l-'m05lf^50<lO03;J<l Wtt^00J-'J^Mas©Q0 3D_JO«l
to 05 j3 to CO oo
03 '-a-' ©b" 03 boc* 0<
03
"b«»l 00 Oo'isTp'b Oi 05 tc"<D a
•«
OD
1038
1038
IOBb
Range
Closing..
izi
w
1014
1038
AnODST—
•4;^OOAC^03QDtOOV<OJO
>4
to
wm
P'
)->tatO00t0l->C0CO(OI-'l->O3CJ'CO31^l«J-3CaM
MO
10 90
lOSg
10i«
1038
1038
Sal'day, Monday, Tuesday, Wed'dav, Thursd'y Frxday,
Aug. 13. Aug. 15. Aug. 16. Aug. 17. Aug. 1 8. Aug. 19.
^
$
O
11-00
highest, lowest and
closing quotations for leading options in the Wew Orleans
cotton market the past week have been as follows.
i->w«a9i^o3zuiif^>j.-OOcoo«taucv09(ntai-'0>cncoaCN03 to*
03!
10 65
lOia
1038
1038
lOifl
8%
Orleans Option Market. — The
H
03 03 Ol t^'cD
v>',
lOSa
New
Ol CrWClCQO, OJOtO; ~JMW
»: uiOtOOOtfo ^OO' MOiOi'
.
10
Oolumbus.MlfeS
OJ.
u\',
10
Atlanta
Columbus, Ga.
("^i
V9
kO
1038
10-80
10 »8
The closing quotations to-day (Friday) at other important
Southern markets were as follows.
-
«3w5^3M(»OSO5-Jrf>-tf^«P<ip»p0^t^jJW_O0»U'--)®pW-ia!p_JDQO
'f^* -•*— "
—
1075
10»8
10>a
1038
1038
10S!8
Louis....
Houston
M-
co;
*J
Monday. Tuesday. Wed'day. Thursd'y Friday.
1012
1038
Charleston
Wilmington.
Norfolk
Boston
Baltimore.
Phiiadelph'a
*
ON—
Galveston.
New Orleans
Mobile ....
.
*
—
w
at Other Markets.
Quotations for Middling Cott
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
III
vices
Since
aging
Quiet.
Quiet.
Firm.
IVy
Bt'dy
Steady.
Finn.
Quiet.
Quiet.
Steady.
Qolet.
Reports by Telegraph.— Our telegraphic ad-
from the Sonth this evening denote that on the whole
-J
•ICl^ 05 05t0^l->«); |K^>4 C005 050503 t005O3<e
the weather baa been more favorable dnricg the week, al«
<005w tx)f^a>i^ij<»- c;<coa5t3oo©l^o3©l^' ihosva
CO
The above totals show that the interior stocks have de- though in some sections of the Qulf States there is complaint
creased during the week 4,393 bales, and are to night 46,920 of too mnch moisture. As a rnle, however, the rainfall haa
bales more than same period last year. The receipts at all the not been excessive. Damage by boll-worms and boll-weevils
towns have been 13,^33 bales more than same week last year. >s claimed in portions of Texas, and from districts of Alabama
Otbrlajid Movement for the Week and Since Sept. 1.— and Mississippi there are reports of injury by rain. In ArWe give below a statement showing the overland movement kansas and Tennessee and along the Atlantic conditions hare
for the week and since 8ept. 1, as made up from telegraphic
in the main been satisfactory.
The results for the week ending
reports Friday night.
(?aive«ion, Teajos.— Reports of damage by boll weevil and
Aug. 19 and since Sept. 1 in the last two years are as follows. worms are confirmed. We have bad rain on three days of
the past week, the rainfall being seventy- eight hundredths of
1902-03.
1903-04.
an inch. The thermometer has ranged from 72 to 87, aver:
:
-
«:
~*
«.
mk'^
"ifk
loi-ico
;
to
i-'i-'
'
;
oofo
f*
i-i
Augtul 19.
Week.
eiiimped—
Via St, lioule
Via Cairo
518,064
255,227
398
488
443
130
13.731
122,485
32,350
196,042
"43
2,923 1.137.899
851
1,862
Via Rock Island
Via Louisville
Via Cinoinnati
......>
Via other roates, &o.... ........
Total fiTOSB overland
Deduct shipments—
Overland to N. Y., Boston, Ac.
Between
interior
97,530
31,427
10i,420
i',286
60,102
81,742
1,583
231,377
1,974
342,393
1^340
906.522
towns
Leavlni? total net overland".
Including
t
movement by
rail to
688
tl.l23 1,105,688
Canada,
Deduction greater than overland.
The foregoing shows that the week's net overland movemen t
this year has been 1,340 bales, against
bales for the
week in 1903, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 199, 166 bales.
1902-03.
1903-04.
In Sight and Spinners'
„
""««*•
Takings.
,
Receipts at ports to Auk. 19
Net overland to Aug. 19
Southern consumption Aug. 19..
Since
2,021 7 639,462
Jl,123 1.106.688
14,03017,1 37,296^
I
Total marketed
Interior stocks in excess
Came Into
sight during week.
Total in sight Aug. 19
Since
Sept 1.
Week.
Sept. 1.
1.310 906,^22
20,000 2,018,000
30,000 2 003 000
35,370 100618 8
*4,392
48,491
30,89'<
30,978
29,458
•1,440
Pari*, Texas.
—
800
23
760
Inland, &o., from South
Total to be deducted..........
"410
H
753l.'i0
149,905
10110309
10703245
North, spinners' tah'gH to Aug. 19 10,094 2,120,951
* Decrease during week.
1 Less than Sept. 1.
10,051 2,097.461
Deduction.
the week, to the extent of thirty-four hundredths of an inch.
The thermometer has averaged 88, the highest being 96 and
the lowest 70.
Corpus Christi, Teajos.— Rain has fallen on two days of the
past week, the rainfall reaching ten hundredths of an inch.
The thermometer has averaged 80, ranging from 74 to 86.
Cuero, Texas.— We have had rain on two days of the past
week, to the extent of fifteen hundredths of an inch. The
theimometer has ranged irom 7i to 96, averaging 84.
Dallas, Texas.— There has been rain on one day of the
week, the rainfall reaching twenty hundredths of an inch.
Average thermometer 83, highest 98 and lowes 68.
Henrietta, T<a;as.— Tnere has been rain on one day the past
week, to an inappreciable extent. The therm -m^ter haa
averaged 85, the highest being 100 and the lowest 69.
Huntsville, Texas— It has rained on two days during the
week, the rainfall bilng one inch and thirty-two hnudreilths.
The thermometer has averaged 82, ranging from 67 to 96.
Kerrvilte, Texas.— There haa been no rain during the week.
The thermometer has ranged from 64 to 94, averaging 79.
Lampasas, Texas.— Rxia has fallen on one day of the week
to an inappreciable extent.
Average thermometer 81, highand lowes: 66.
Longview, 7eaj«.— There has been rain on one day daring
the Week, to the extent of three hundredths of au iacb. The
thermometer has averaged 81, the highest being 95 and the
lowest 67.
Palestine, Texas.— R>i\n has fallen on two days of the past
week, the rainlall reaching five hundredths of an inch. The
thermometer has averaged 79, rangtng from 68 to 90.
est 95
Movement
Week—
1902
Aug. 22.
1901— Aug. 23
1900- Aug. 24
1899-Aug. 25
t
into sight in previous years.
Bales.
Kl,5"4
53,135
37,848
69,272
Since Sept.
1—
1901 03 -Aug. 22
IPOO-Cl-Aug iZ
1899-00- Aug. 24
1898-99— Aug. 26
80.
— We have had no rain during the past week.
The thermometer has ranged from 67 to loO, averaging 84.
San Antonio, Texas. There has been no rain during the
748.259
208,404 week. Average thermometer 82, highest 94 and lowest 70.
29,eo.=>
Weatherford, Teaas.-— There has been no rain the past
162,472
37,101 week. The thermometer has averaged 85, the highest being
262,240 99 and the lowest 70.
shilene, Texas.— We have had no rain the past week.
1,448,081
Average thermometer 83 highest 94, lowest 70.
210,549
Brenham, Texas.— There has been rain on two days during
Sept. 1.
Kales.
10.451.483
10 400.917
9.1.'i4,^2l
11,233,723
-
.
THE CHRONICLE.
42
Shreveport, Louisiana.— We have had rain on two days of
the past week, the rainfall being fifty hnndredtha of an inch.
The the^mome^er has ranged from 69 to 93, averaging 82.
New Or leana, Louisiana.— It has been dry all the week.
The thermometer has averaged 83.
Leland, Mississippi.— CropB have been laid by in bad conThere has been no rain the past week. The therdition.
mometer has averaged 77, the highest being 92 and the
lowest 64.
Columbus, Mississippi, Dry weather has prevailed all the
week. Average thermometer 72, highest 88 and lowest 58.
Vtck,^burg, Mississippi.
We hear considerable complaint
of rust. It ha? rained on one day of the week, the precipitation reaching twenty-five hundredths of an inch. The
thermometer has averaged 81, ranging from 70 to 91.
Little Rock, Arkansas.— The dry weather has enabled
farmers to clean out the grass, and it has also done great
have had rain on one day the past
good to tbe plant.
week, to the extent of six hundredths of an inch. Average
thermometer 82, highest 94, loweft 70.
Helena, Arkan.sas.—We hear some complaints of rust,
blight and shedding,
There has been rain on one day
during the week, the rainfall being twenty-five hundredths
of an inch. The thermometer has averaged 80 4, the highest
being 92 and the lowest 74.
Nashville, Tennessee.— Crop conditions are quite favorable
in this section. It has rained on one day during the week,
the rainfall being eighteen hundredths of an inch. The
thermometer has ranged from 68 to 95, averaging 82.
Memphis, Tennessee.— The outlook for cotton is very promising.
Open bolls are quite generally reported. There has
been rain on one day during the week, to the extent of
thirty-seven hundredths of an inch, but heavier in the im
mediate vicinity. The thermometer has ranged from 68 2 to
91 "1, averaging 80-3.
Mobile, Alabama. —The weather has been more favorable,
with scattered rains in the interior. There is, however, some
complaint of rust and shedding. Picking has commenoed,
and will become general in some sections next week. First
new bale received August 14, against August 24 last year.
have had rain on four days the past week, to the extent
or fifty-one hundredths of an inch. Average thermometer
75, highest 93, lowest 68.
Montgomery, Alabama, Frequent rains have increasing
bad effect on cotton in most places, but others report condition good. We have had rain on three days of the past
week, tbe rainfall reaching one inch and eighty five hundredths. The thermometer has averaged 80, the highest
being 92 and the lowest 67.
Selma, Alabama,— Com-plaintB of damage by excessive
rains and rust and shedding are quite general. There has
been rain on four days during the week, the precipitation
reaching one inch and eighty hundredths, Tne thermometer
has averagsd 82, ranging from 68 to 96,
Madison, Florida,— It has rained on three days during the
week, the rainfall being one inch and fifty hundredths.
The thermome«-er has ranged from 66 to 90, averaging 78.
Smyrna, Georgia There has been light rain on three
days during the week, the rainfall aggregating twenty-five
hundredths. The thermometer has averaged 76, ranging
from 64 to 86.
Augusta, Georgia. We have had rain on one day of the
past week, the precipitation being fifty-seven hundredths of
an inch Average thermometer 82, highest 95 and lowest 68
Savannah, Georgia. We have had rain on six days during the week, the precipitation being ninety nine hundredths
of an inch. The thermometer has averaged 80, the highest
being 93 and the lowest 69.
Stateburg, South Carolina,— It has rained on three days of
the week, the rainfall reaching one inch and seventy-seven
Average thermometer 78, highest 90, lowhundredths.
—
—
[Vol. Lxxix.
Cotton Crop Cibcular.— Oar Annual Cotton Crop Review
form about Wednesday, Sept. 7.
will be ready in circular
desiring the circular in quantities, with their
business card printed thereon, should send in their orders as
soon as possible, to ensure early delivery.
Parties
India Cotton Movement from all Ports.—The receipts
of cotton at Bombay and the shipments from all India ports
for the week ending Aug. ly and for the season from Sept. 1
to Ang. 18 for three years have been as follows.
_,
—
—
—
.
—
est 65.
Charleston, South Carolina,— We have had rain on five
days of tbe past week, the rainfall reaching twenty-seven
hundredths of an inch. The thermometer has ranged from
71 to 91, averaging 81.
Charlotte, North CaroKna.— Conditions excellent. There
has been rain during the week, to the extent of seventy
three hundredths of an inch. The thermometer has averaged
78, ranging from 65 to 90.
Tlie following statement we have also received by telegraph,
showing the height of the rivers at the points named, at
8 A. M. Aug. 19, 1904, and Aug. 21, 1903.
1
MempblB
NaahvUle
Shreveport
VlokBburg
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Alabama Cotton Crop —Messrs. Marks
&
Gayle, of
Ala., in a letter to us dated Aug. 12 state:
Since oar last advloe we are glad to report for this, the Alabama
territory, moBi BatUfaotory progress In the development of the cotton
crop. Until the reoeut rains be^jan the outlook was never better, and
we are not yet prepared to say thnt the r-ilus have done muoh If any
damage, althongh planter! are tilled with apprahenttton us to the
barm a contlnaatloo of wet weather will work. The pronounced
effect of the rain Is to delay the expected early movement of the crop.
Just how muoh this delay will amount to will depend upon weather
ooDdUlons for the Immediate future. Owing to the excellent growing
weather for the now maturlUK crop, we feel aaaured that the style and
Btaple will be nnasually good.
Montgomery,
,
Sept. 1.
I
I
1901-02.
„
^^^-
Since
Since
,
Sept. 1.
Sept. 1.
I
Bombay.
6.000 2,472.000
7.000 2,126.000
For
5,000!2,127,000
Since September
the Week.
1.
Exports
from—
Great
Britain.
Oreat
Britain.
Oontinent.
Total.
2,000
16,000
4,000
2,000
16,000
4,000
94,000
77,000
9,000
863,000
920,000
495,000
957.00O
997,000
504 000
1,000
Continent.
Total.
Bombay—
1P03-04..
1902 03..
..•••
1901-02
Calcutta .
......
......
2,00(1
1,000
1,0^0
2,000
1,000
4,000
5,000
3.000
49,000
50,000
49,000
53,000
55,000
52,00O
1,000
9,000
1,000
10,000
l.COO
13,000
9,000
3,000
49,000
29,000
16,000
62,000
38,000
1»,000
23,000
37,000
5,000
296,000
191,000
125,000
319,000
228.000
130,000
190304..
1902-03..
1901-02..
Madras
1903-04..
1902-03..
......
190102..
All others—
1903-04..
1902-03..
1901-02..
1,000
4,000
10,000
8,000
4,000
11,000
12,000
4,000
Total aU—
1903-04..
1902-03 .
1901-02..
2,000
4,000
22,000
27,000
9.000
24,000
31,000
9,000
134 000 1,957.000 1,391,000
128,000 1,190,000 1,318,000
•-85,000
20,000
705,000
Aoocrding to the foregoing, Bombay appears to show an
increase compared with last year in the week's receipts
of 1,000 bales. Exports from all India ports record a loss
of 7,000 bales during the week and since Sept. 1 show
an increase of 73,000 bales.
Alexandria Receipts and Shipments of Cotton.—
Through arrangements we made with Messrs. Choremi,
Benachi & Co., of Alexandria, we now receive a weekly
cable of the movements of cotton at Alexandria, Egypt.
The following are the receipts and shipments for the past
week and for the corresponding week of the previous
two years.
1903-04.
^''"^SuVJ'll^^^''
1902-03.
1901-02.
5,74i'607
1,300
6,469.257
Rereipts (oantars*)-
This week
Since Sept. 1....
500
Since
This
week. Sept. 1.
Exports (bales)—
To
To
To
To
*
6.461,932
...
Liverpool
!
j
ThU
Sinie
week. Sept. 1.
.•^3.162
32H.018
405 84,130
2,500 791,590
3,431 767.374
America
Total exports
A oantar Is 98 lbs.
Since
week. Sept. 1.
1,516 208,«08
146,418
241,290
137,461
359,677
2,500
......
Manchester
Continent
"886
i",5V6
199.461
123,244
428.5:^3
104,215
886 855,44a
This statement shows that the receipts for the week ending
17 were
500 cantars and the foreign shipments
Aug.
2,50 J bales.
Manchester Market.— Our report received by cable
to-night from Manchester states that the market continues
quiet for yarns and steady for shirtings
Stocks of both yarn
and eoods are accumulHtiog.
give the prices for co-day
below and leave those for previous weeks of this and last
year for comparison.
We
1904.
32s Cop.
TSoist.
d.
1903.
8I4 lbs. Snirt- Oott'n
ings, common Mid.
d.
s.
d.
s.
°>
32s Oop.
d.
d.
6-72
6-32
712 6-18
1013
9
8H
d.
d.
8H ®93,e
®9i«
los
Mid.
to finest.
Uplds
B.
i
d.
9
5 10
'a>9ie 5 10
7»« 602 815i6®91fl 5 w
7i« 6-10 9
®9B8 5 9
7Ja 6-12 8i6xfli9i9 3 8
9
9
Shirt-\ Oott'n
inus. co7nmon\
Tieist.
Uplds
to fitiest.
J'yl5 9 « 934 5 11 ® 8
" 22 8''8® 958 5 10>i®8
" 29
y 3>8
Aug.5 81*® 914 5 8 -3)8
•'
12 8i2» 9J4 5 8 ®8
" 19 838® 9^8 5 7i2®9
1
New Orleans
„
Week.
Since
,
Week.
We
We
1902-03.
1908-04.
Beceipt* ut-
s.
d.
®8
®8
6
'38
dS
71^
'7^
71a
'a>8
6
®8
7ifl
Government Weekly Cotton Report.— Mr, James Berry»
Chief of the Climate and Crop Division of the United States
Weather Bureau, made public on Tuesday the telegraphic
reports on the crops in the Southern States for the week
ending Ang. 15, summarizing them as follows:
A more or less decided deterioration in cotton Is Indicated over
much
the greater part of the cotton beU. With the exception of Oklaof sheddin*; are received from every State, and rotof
the lower bolls la reported from portions of the central and
ting
western districts. Reports of too rank growth, however, are much
homa, complaints
numerous than in the preceding week, but continue from portions
of the oeotral and eastern districts. BoU-weevUs are causing much
damage in southwestern, central, eastern and coast, distric:s of Texas,
and are proving dtistruotlve up to the northern tier of counties. In
that State, however, the plant and fields are In good condition. In
Oklahoma and Indian terti:orles, Missouri and portions of Arkansas,
cotton is doing well. Picking Is general only in Southern Texas, bat
has begun In the southern portion of the eastern dlatrlots, where as a
rule very little is open.
le»8
.
AUG.
-
)
We
have received this
Sea Island Cotton Movement.—
(Friday) evening by telegraph from the various ports tha
details of the Sea Island cotton movement for tbe week
The receipts for the week ending tonight (Aug, 19) and
since Sept. 1, 1903, the stocks to-night and the same items
for the corresponding periods of 1902-03, are as follows1902-03.
1903-04.
Receipts to Aug. 19.
105
A.O..mmmm ••••
105
Total
11
48,990
9,357
17,494
n
75,841
FarnAT/tread.
bales, of
1903.
74,445 4,970
12,055
94
13,07i< 3.630
2,045
99,572 8,694
2,K22
40
737
to Bremen, and the amount forFrance and
warded to Northern mills has been 335 bales. Below are the
to
exports for the
we^k and
sigce Sept.
1
in 1903-4
and 1902
Week Ending Aug. 19 Since Sept. 1,1903. Xorth'n
Exports
from—
Oreat Fr'nee _
Oreat Fr'nee
Brit'n.
Total. Brit'n.
<Be.
Savannah.
18,735
<6c.
,
8.
3,227
13,108
Florida, &o.
9,008
1,687
9,85^
1,667
1
1
24,411
7,132 31,543
325 35,645
144,271
9.668 53,939
55 19.408
York..
Boston
Phlladelp'a
Total
Yds.
402.649
376,868
418,678
17,866
1902-03 1008-04 1902-03
Yd$.
444,088
424,934
84,289
80.654
83,944
269.647
299,997
101.521
18,170
Tot.l8t quar
47.175
51.110 1.196,496 1,311,291 322,472 848.887
January
16,387
17.264
February....
17.016
16,647
March
14,063
17,480
Tot. 2d quar.
47,44f>
94,620 102.851 2,573,934 8.736.1-9 478,502 614,364
.
mos
13,707
442.269
458,143
481.478
437,818
85,167
89,491
81,879
90,468
95.44^
106,197
103.638
107.888
61,241 1,377.439 1,424,88*' 366,080 266,477
303,475
316.718
678.122
616,715
89,713
88.27S
106.50^
Apnl
14,649
406,381
418,120
75,164
77.748
May
13,598
419,04V<
13,379
74,683
76,003
T7,91l-
June
408.762
408,903
66,86(
89,38'
94,206
94,729
79,793
Tot. Sd quar
41,52."
1.217.045 1,196,691' 825,860 322,611
267,873
868.787
Total 9 mos. ISa.Ub
3.790.979 8.982.87e 704.852 736.875
840,496
886.442
101,129
106.685
78W
81,569
80,844
474.S22
13.891
July
Qaotations Aug. 19 at Savannah.— For Qeorgias, extra fine
20c.; choice, 22@23c.; fancy, 25c.
Charleston for Carolinas.- Fine, 27c. ; fully fine, 28c. , nom'l_
Cbop of Bengal.— i?'ira<
Foreaast, Seanon 1904.—
Under date of Calcutt*, Jnl? 13, the Department of Land
Records and Agriculture issued the first forecast of tbe jute
crop of Bengal for the season of 1904, wbich was in part as
follows:
Betnrna cover 26 districts In Bengal up to the end of the first week
In July, the arpa under jute In the remaining districts belner InslRnlflcant. About two-thlrdBOI the crop 18 grown in Eastern Bengal (My
menslngb, Tlppera, Dacca, Pabna, R»j3habia and Bogra districts), and
one-quarter In Northern Bengal (Rttngpur, DlnaJ pur and Jalpalenrl
distrlotS). The dlstrlets of Mymenslngh, Tlppera and Bangpur, in
which nearly halt the jute crop Is grown, were visited with very heavy
rains In the early part of the season, and this has nffeoted prospects.
From the other Important districts, especially Farld pur and Dacca,
the reports of the weather have generally been favorable, but weeding has b'^en hindered by heavy rain In Dlnajpur, Bogra and JesaoreThere Is a large increase In the area nnder jute this year, viz.: 2,793,400, as against an area estimated In the final forecast of 1903 at
2,470,000. Oollectorb' estimates on the prospects work out to 81 per
cent. Allowing for underestimates, e. y.: Farldpur returns JOOp. c,
bat Is believed to have a bumper crop, and provided no unfavorable
conditions develop the proBpeots are now of a crop amounting to 87i«
JxjTE
annap) in the area sown. This means not less than 93% p. o.
what has been known In the last few years as a normal
p. 0. (14
101,644
98.726
99,627
88,933
86,1 91
359,630
482.711
90.2321 91,620
Stooklnss and socks
Sandryarticles
Total exports of cotton manufactures.
Total 1902 S
1902-03
~l.b~
Lbs.
90.146
83,60»
95,999
18.072
16,683
NoTomber.
December
1803-04
LbM
Lbs.
74,848
69,795
77,829
Mills,
325 19,310
6,285 20,020
1903-Oi
Lbs.
Lb}.
16,298
October
Total 6
_. ,
Since
Weelc. ggpti^
,
"otal.
Oliarl't'n.&o
New
1903-04 1902-03
.
this evening reach a total
bales were to Great Britain,
which
7ota2o/AII.
OlOth.
000« omttted.
The exports for the week ending
of
743
iSZPOBTS OF (JOTTON QOOD8 FROM (iBEAl BRITAIN.- BelOW
we give the exports of cotton yarn, goods, &c,, from Great
Britain for the month of July and since October 1 in
1908-04 and 1902-03, as compiled by us from the British Board
It will be noticed that we have reduced
of Trade returns.
the movement all to pounds.
Stock.
Since
This
Since
This
week. Sept. 1. week. Sept. 1. 1904.
4o
Florida,
.
.
THE CHRONICLE.
20, 1904.J
f^ti a.r lAfltiOn
.
(15 annas) of
crop.
Egyptian Crop.— Messrs. Choremi, Benachi & Co. of
Boston and Alexandria, Egypt, write, under date of July 30,
705
976,976 1.022,676
The foregoing shows that there has been exported f rono the
United Kingdom during the ten months 976,976,000 lbs.
of manufactured cotton, against 1,022,676,000 lbs. last year,
or a decrease of 45,700,000 lbs.
further matter of interest is the destination of these
exports, and we have therefore prepared the following
A
statements, showing the amounts taken by the principal
countries during July and since October 1 in each of the
last three years.
BXPOBTB OF PIBOE OOOD8 AND TABNS TO PRINCIPAL COUMTBIEB IK
JOLT AND FBOM OCTOBEB
1
TO JULY
July.
Piece Qoois—Tards,
(000* omitted.)
1904.
Oct. 1 to
1908
1903.
1903-04
Bait Indlei
832,181 208.66B 168,087
rurkey. Bgjpt and Africa... 71,262 80,316 76.616
"^hlnaand Japan
Borope (except Turkey)
south America
North America
27,3iJl
]8,4e6
61.354
87,843
86.196
All other oonntrlei
57.63*
19,870
60.862
81.491
86,9b3
31.
July
1903-U3
31.
1901-03
1,939.586 1,9R7,8S6 l,l'2£,C88
61,3Hl
21.771:
44,21»'
23.8H8
44.001
648.618
884.873
839,7e8
484,807
263,880
318,864
787,»'85
484.636
233.H24
183.426
262,230
805,799
772,464
646,870
260.504
334,082
247.930
ii47,458
474,628 482,711 188,943 4.965,602 4.414,762 4,621.380
£5,528 £6.207 ii4,679 £48,261 *46,S97 £46,669
Total yards.
Total Talue.
Tarns— Lbt.
(000* omitted.)
Holland
ulermany
oth. Europe (except Turkey)
Bast Indies
Ohlnaand Japan
Turkey and Bgypt
9,226
1,786
1,612
2,107
24.491
2,91'^
i.ess
2,061
1,514
a.oos
2,e2.H
18.390
81.869
196
1,424
1,912
712
3=8
1,1<9J
1,26/
1.791
12 384
16,642
2,072
2,08'
32,(168
28.669
20.98B
20,8n4
20,161
24.419
23.635
26,1 S4
27,7l'8
6,426
17,971
18,872
10.661
1M,406
as follows:
1.0ii7
15,270
1,490
All other oomntriei
There are many rumors of damage to the crop by worms circulating
141.246
128,081
188,871
12.201 10,998 12,195
Total lbs
at present, but these, we don't think, should be taken to the letter.
£84 £649 £672 £7.100 Jkll.171 i.a.886
Total ralue.
There is no doubt that the worm is pretty well general all over the cotton area and that some lands have really suffered through th»m, but
JuTE Butts, Bagging, &c There has been but little dothe damage Is by no meant general, and most of the pesHlmUtlo reports
must be couBldered exaggerated. We have sent our experts on a tour ing in jute bntts durine the weeR at unchanged prices, viz.:
of inepeoilon. so that ihey might see for themselves and report, and
fi^c. for 1% \hi. and 6^c. for 2 lbs., standard gauge.
Jute
the news we have so far had from them Is by no means as dlequieting butts continue dull at 13^(31^0. for paper quality and 2@
as some reports would make us believe. There is a small peroentace
2J^c. for bagging quality.
of lauds which have had the bulk of their first picking destroyed, but
these are only here and there, anrl cannot be taken as a criterion lor
South Carolina's First Bale.—The first bale of the
the whole of the crop. The weather Is Just now warm and favorable
to the plant, and, although the nights are rather damp, we are of the South Carolina cotton crop of 1904-05 reached Chivrleston,
opinion that the worm has decreased somewhat during the past week. August 18, from Bamberg, S, C.
Last .year the first South
If the worm still exists In quautlty during Ansust and foirgy nights
Carolina bale reached Augusta, Ga., on August 13.
set lu. the prospects of the crop will really suffer, buo as things are
now, we think alarmist rumors are premature.
Shipping News. As shown on a previous page, the
—
—
September Cotton Report.— Arnouncement
the Department uf Agriculture as follows:
is
made by
Owing to the fact that September 8, Saturday, has been declared a
holiday by a large number of the commercial organizations of the
country, and that Monday, Heptemher 5, Is a legal holiday, the September cotton report of this Bureau will be Issued at :l.i p. m.. Frl
day, Ueptember 2, Instead of at 12 noon ou the 3d of the mouth, as Is
i
usual.
TuE Following are the Gross Receipts of Cotton at
York, Boston, Philadelphia and Baltimore for the past
New
week, and since Sept.
1,
Nkw York.
1903.
Philadelph'a
Boston.
Baltimore.
Receipts
This
week.
from—
N. Orleans...
Since
Sept.
1.
1,6:3
213,230
Texas
11.7
Savann'h 4c
Mobile ...
833
02
463.17
163.046
.
Florida
Bo. Carolina
No. Carolina
Virginia
North, ports
.
.
Tenn.. &o...
Foreign
ToUl
Last
rear....
205
Thi$
.Since
Thi»
week,.
.Sept. 1.
week.
Since
Sept. 1.
'i7li»
Since
week.
Sej>(.l.
16
97,462
920
2 ',228
27.582
7,019
168
79.0:i7
17,149
143,888
10,763
Aug. 10—Steamer Steamers Buxonla, 502; WlnUredlan.
807
Baltihobb— loLlrerpool Aug. 12—8tr. Tfrnnlemore.
Tost. Petereburg - Aug. 1-Bteamer Arkansas, 675
2ft7....
20.077
13S
14,661
288
8 ',614
66.860
8,459 1.181.077
e,128
700,249
R4H
667,.1M0
101.018
.10,640
18'-
189,880
1,082
1,567
27
68,821
e7.t»l«
2-B
185,460
•460
20
682
100
210
1.409
257
675
4,205
365
25
82
632
20
4!i0
Savannah
Boston
13f
365
68
25
The particulars of the foregoing shipments lor the week
N. Orleans.
612
1.8?5
1.28^.438
To Antwerp, per steamer Zeeland, 62
To Qenoa, per steamer KoenlKen L<nUe (additional). 25
New ORLEANS To MancheBter- Aug. 18— ftr. Knutsford. 45*.'.
To Rotterdam-Au»f. 16- 8teau\r Martiileno, 20
To Mexico AuK. IS-Steanier NorheUn, 6.i'l
Savannah- To Alloante Aug. 16 Steamer Alberta, loo
ToTrlKste-Aug. 16— 8te»mer Aiberta. .ilo
Boston To Llverpnol -Aug. 12— steamer Rfpnblio, 100. ...
New York
181,160
280,179
8(140
fl.<*87
Total bales.
Bremen, per steanaere Grosser Kurfuerst, 265
Prlr zees Alice, 100.
arranged in our usual form, are as follows.
Oreat French Ger- ^Oth.B'rope^ Mexico
Japan
die.
Brit'n. ports, manv. North. South,
48,.1IW
1H,H86
330
Nbw York—To
TotaL
84,782
3.000
291
exports of cotton from the United States the past week have
reached 4,205 bales, The shipments in detail, as made up
rom mail and telegraphic returns, are as follows:
310
267
Total....
8.116
452
810
1,409
l,4<'fl
Baltimore.
Total.
1,108
932
676
365
835
757
The exports to Japan since Sspt,
from the Pacific Coast.
1
632
haye been
4,806
46,291 balei
—
»
.
THE CHRONICLE.
744
New York
Cotton freights at
a follows.
Liverpool
ifon.
'..
Havre
Bremen
e.
15
16
12«15
anibnrx
e.
Qhent.v.Antw'p.c.
Antwerp
e.
20
30
80
190 21
13®15
19921
13915
199^1
13»15
28
26
26
25@30
25®30
Ctonoa...
Trieste
2S
25
28925
23^25
..e.
12915 12 915
21
21
21
27i«
27»a
27i«-30
20
20
20
19021 19921 199 1
139 i& 18916 189L6
28
26
28
26
28
15
15
12^15
15
21
27»«
27ifl
Beval, Indirect.. e.
Beval, via Canal. e.
Baroel'na.Ang 3 c.
e.
15
15
12®
21
21
27>«
e.
W»dne$. rAttrf.
tuei.
12915
..e.
•lanobeeMr
28
26
28
26
25^30 25e30 25930 25930
25
25
25
25
239 25 28^25 23925 23925
(via tiDez).r.
Qautatione are cents per 100
Ibe.
—
LivKBPOOL. By cable from Liverpool we have the following
statement of the week's sales, stocks, &c., at that port.
July 29
bales.
Sales of tbe week
Of whloh exporters took. ..
Of which speoolators took.
•ales American
Actnal export
Forwarded
Total stock— Estimated
Of which American— Est'd.
Total Import of the week
Of whleh American
Amoont
afloat
Of which American
The tone
Aug. 12
Aug. 6
Aug. 19
26 000
37,000
86000
34 000
1,000
2.000
33,000
2,000
47,000
356,000
248,000
12 000
7,000
47,000
26,000
2,00C
1,000
1,000
1,000
1,000
1,0<0
29 000
26 000
2 000
46 000
292 000
189 000
22 000
21000
1000
9,000
55 000
318,000
214.000
26 000
17 000
62 00(
34.000
11,000
55 000
31.000
42 000
281 000
18 OiO
32 000
25 000
26 0U0
9 000
•
market for spots and futnres
of the Liverpool
each day of the week ending Aag. 19 and the daily closing
prices of spot cotton, have been as follows.
Sat'day.
Spot.
vt-ry
The weather is id-al for w heat growing
The Cincinnati "Price Current" in its
promising.
and threshing.
Batur.
Janan
the past week have been
[Vol. Lxxix
weekly review of the crop situation pays that the wheat crop
outlook has been reduced to abont 575 000 000 bushels. The
spot market has been firm and h'gher, with moderate expert
sales reported made from interior markets
To-day tuere
was an exoited and higher market on reports of probable
serious damage bv rust to the wheat crop in Manitoba. The
spot market was firmer bat quiet.
DAILT 0IX>8INO PKI0E8OF WHKAT F17TUBB8 Dl NE
YORK,
W
Sat.
No 2
M
Dull.
Mld.Uprds.
6 06
598
5-96
6 08
6 02
612
3,000
6,000
4,000
5,000
6.000
4,000
SOO
300
200
300
500
200
Sales
Spec.
* exp.
Dull.
Quiet.
Quiet.
Dull.
Futures.
Unlet at
Market
S?!
opened.
Pts.
decline.
Dull at
Market,
4 p. M.
a^»
piB.
deollne.
Quiet at
1®2
pts.
deollne.
Qntet at SteadT
at
Quiet at Steady at
2 pts.
5 pti.
Sptg.
advance.
adranoe.
decline.
Quiet at Steady at Br'lyat'dy Firm at
unch. to 5^9 pts.
pti. 436 pti.
deollne
kdvauoe i pts. adv. advanoe.
sail
2 pts.
decline.
Quiet at
1®2
pts.
deollne.
The
prices of futures at Liverpool for each day are given
Prices are on the basis of Uplands, Good Ordinary
olanse, unless otherwise stated,
iwlow.
Sat.
Hon. Taaa.
TMara. Vri
Aug. 13. Aug. 15. Aug. 16 Aug. 17. Aug. 18. Aug. 19
12i« 1 12]« 4 12i« 4 12i« 4 12% 4 12i« 4
P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M.
d.
d,
5 77 5
5 ^8 5
Aag.-tiept.
Sept. -Oct.... 5 35 5
5
26 5
Oot.-Nov..
Nov. -Dee.... 5 28 5
5 20 6
Deo.-Jan
Jan.-reb.... 5 19 5
Feb.-Moh. .. 5 20 5
Mob.-Aprll. 5 81 6
Angnert
d.
78 5 72
59 6 55
35 5 32
26 5 83
23 521
31 5 18
20 5 17
20 5 17
20 5 18
d.
d.
d.
d.
5 67 5 69 5 73
551 5 53 5 5e
5 29 5 33 5 3.'^
5 2i» 5 23 5 25
5 17 5 21 5 23
5 15 5 18 5 19
5 14 5 17 5 1^
511 5 17 5 i8
6 16 5 18 5 19
d.
d.
d.
d.
5 81 5 74 5 76 5 83 5 86
63
40
30
5 27
5 25
5 21
5
5
d
581
5 66 5 58 5 66 5 67 5 63
5 36 5 37 5 42 5 42 541
27 5 32 531 5 30
26 5 29 5 28 5 27
22 5 26 5 25 6 24
21 5 25 5 24 5 23
-.24 5 20 6 21 6 25 5 V4 6 23
5 24 5 21 5 21 5 25 6 25 5 24
(i
5 26
5 23
5 21
5 20
5
5
5
5
April-May
May-Jtine...
Jnne-ioly. ..
....
....
....
....
....
....
....
....
....
::::
BREADSTUPPS.
Friday, Aug. 19, 1904.
O wing to a sensational advance in prices for the grain,
quotations for wheat fljur have been marked up rather
A fair volume of
business has been transacted at
the higher prices, buyers In a number of instances showing
more of a disposition to anticipate their wants, iuflaenoed by
the wheat-crop-damage reports. City mills fliur has be^n in
fairly active demand and higher.
Rye flour has been held at
higher prices and has bad a moderate sile. Corn meal has
sharply.
been in fair demand and flrmer.
Speculation in wheat for future delivery has been attended
with considerable excitement and exceptionally sharp advances in prices have occurred. Outside speculative interests have bf-en extensively engaged on the bull side of the
market. Crop-damage reports have been the basis of tbe
movement
in prices.
The private aivices from the
spring-wheat belt have reported rust spreading and extensively damaging the crop in the principal spring-wheat pro
ducing districts. Reports also have been received stating
that damage has occurred to the crop in Canada. Foreign
bnll
Wed.
m
ii21b
112i«
1131^
Thurt.
li3»8
114%
IN
fri.
ill
lie's
iiS's
llli*
111%
116
ll'^Sg
OHICAOO.
TKurs.
fri.
li>eH
109«s
10738 iii%
109i«
114
Wed.
10-i»«
109
lllie
Indian corn futures have received increased epiculatlve
attention, there being at times considerable activity to the
trading. Early in the week there was a fairly sharp advance
in prices. Reports received from a coasiderabltj area of the
corn belt were to the effect that tae crop was badly in need
of rain, and this had considerable U flaeoce as a bull factor
upon the market. Subsequently, however, advices were received reporting the fall of the needed rains, and this induced selling for the account of speculative holders to realize profits, under which part of the advance in prices was
1 St.
The spot market has been firm and higher, but busin^S8 has been quiet. To-day there was an easier market on
the improved crop prospects and reports of fre-r offerings
from the country of old crop com. The spot market was
quiet and easier.
DAILT OLOBIKO PBIOBS OF HO. 2 MIXBD COBS IK
YORK.
Mon.
Tues.
Wed.
T/iurs.
Fn,
Sat.
NEW
Oashoomf.
o.
b
Sept. delivery In elev
Deo. delivery In elev
Monday. Tuesday. Wed' day. Thursd'y Friday.
Moderate
demand.
Tues.
111
lOnSg
lO^^e
I09ie
red winter, f.o.b... 109
lOSSs
elev
r>ec. delivery in eiev.... lOl's
105'e
105B8
lOeOg
May delivery in elev
DA.ILT 0LO8INO PBI0E8 OF WHEAT FCTTITBES
Mon.
Tues.
Sal
lOoog
io238 105
Sept dell V. in elev
lOv^ 105
Dec. deUv. In ele-ff
9i''e
May delivery In elev
101% 1044 106is
Sept. deiivHry
59i«
60%
67%
56^
59>a
60%
60
f>3'^
6m
60H
Jfon
541a
53i«
Tues,
62%
Sfs
58>«
CHICAGO.
DAILT CL08IH0 PBI0E8 OF HO. 2 MIXED OOKH IH
Sept. delivery Inelev....
Deo. delivery in elev
May delivery in elev
60%
58%
6li«
59«8
5938
6l>«
60>«
5»i«
581a
59''8
Sal.
Market,
12:30 P. M
lion.
109
106
Wed.
5518
Thurs.
Fri.
5i%
64%
5314
63%
S2H
61%
5414
53>4
62%
53*^
Oats for future delivery at the Western market have been
moderately active, and prices have made a frautionnl advance
in sympathy with the rise in values for other grains. The
indications are that a crop considerably larger than last
year's has been grown, and supplies of new-crop oats are now
coming on offer with a fair show of freedom. Locally the
spot market has been moderately active, but at lower priots.
To-day the market held steady.
DAILT OLOSnCO PEIOBB OP OATS IK NETT YORK.
Mon.
Sat.
Wed.
Tuss.
Thurt.
Fri.
Nom.
Nom. Norn. Norn.
39
39
Nom. Nom. Nom. Nom. Nom. Nom.
DAILT OLOeiMO PKIOES OP MO. 2 MIXED OATS » CSICAOOi
Wed
Thurs.
Sat.
Mon. Tues.
FH.
84>4
34
Sept. delivery in elev.... 83%
34%
84
84%
Sftk
86>4
Deo. delivery in elev
84%
S63g
35%
36^
May delivery in elev
37>«
37%
36%
38%
87%
37%
Following are the closing quotations:
No. 2 mixed In elev
No. 2 white In elev
PLOUB.
Nominal.
Patent, winter
Nominal.
Olty mills, patent.
Nominal.
Ryeflonr.snpertlne
$4 05 '34 35
Backwheat floor..
4 50 95 00
Com meal5 00 96 00
Western, etc
6 00 06 70
Brandywlne
OBaIN.
Fine.......
Snperfine
Extra, No. 2
Extra, No. 1
Clears
Straights
Patent, spring
0.
N.
DuL.No.
1
Oom,
o.
f.o.b.lSO%
f.o.b.127%
per
Western mixed
White
No. 2 mixed
No. 2 white
Nominal,
Nominal
Barley— West
f.O.b.114'8
«3 35
'93
0.
38is940
40is947
f.o.b. 11 678
NomlnaL
3 20
3 25
bush—
No. 2 mixed
No. 2 yellow
No. 2 white
Bye, per bushWestern
State and Jersey
N. Dul., No. 2
Red winter. No. 2..
Hard winter. No. 2.
OatB— Mixed, p. bush,
9 ^ 50
«6 70
94 86
5 26
6 40
4 35
80
0.
55
960%
o.
f. o.
f. 0.
b.60%
f.
b.6038
b.59
NomlnaL
61 '975
Nominal.
Nominal.
Feeding
Exports of Bbeadstuffs, Provisions, Cotton and
Petroleum. The exports of these articles during the month
of July, and the seven months, for the past three years
have oeen as follows:
—
1901.
Exports
from V.
3.
Jul]/.
7
1908.
1902.
Months.
July.
7Monthi
9,823,830
7,471,233
8,881.9
42,031,141
1,263,191
10,496,330
9,5a!>,331
89,310.12'i
5,165,671
66,766,93
rUontht
Jul]).
Quantities.
Wheat.bush.
114,180
Plour...bbl8.
e83,li6I
Wheat.. ..bu.
Corn... bush
3.192,001
8.080.101
28,051,719
Tot. bush.
5,272.10
70.«98.087
»
f
38,987,083
15,841,819
Values.
Wh't A
flour.
Oom & meal
Rye
markets have been firm and higher following the uprurn
to valu3s in the American market. There have been some
Oats & meal
Barley
exceptions to general pessimistic reports of extensive crop
damage in the Northwest. One report received during the
week said there is nothing to indicate that the spring wheat
crop will not be somewhat larger than last year. Sooth
Dakota has suffered from lust, and its crop is disapoointing.
Tbe Minnesota crop is highly satisfactory. North Dakota is
BrMstuffs....
3,049,550
1,200,839
42,944,:
14,725,002 156,077,060
»
9,08S,311
1,300,241
14,812.537 102,472.882
6,171,629
489,lUt
14,8c 1,7 33 108,643,911
7,e4!i,965
«
t
t
78.602,948 Il,4('6e70 8«,461,988
3,886,148
86,904,355
43S,''0f
79.138
1,898,900
151, 920
1,087,849
8:J,iai
1,178,200
386,(40
2,161,787
918,984
1.17
2«,718
8,461,463 01,574,882
454,631
4,702,968
6'iMS
1.478.276
4,332,762
66.621.709
11.369,699 113,885,771
18.«45,8t5 112,046,62?
16,172.142 115,270,321
1S.E03.460 89,840,461
14.892,6i7 liS.163,130
6.455,022 117.186,43«
7,074,0tf4
«4,881,0B2
6,037,0«t- 154,638,002
6,821,454 129,639,827
87,5i5,634
5,661,864
T ot, value. 29,107.12) 360,686.Bl!i
*InoludiDgoattleandhogsin
88,768,877 421,19^.7'^
^S.7i8.4?5
ProvlsioQS*.
Cotton
Potrol'm.&o.
69,38
0.192,938
all
61,618
888,808
months and years.
8S,674,978
.'^
0.«'7,P93
:
AUG.
:
THE CHRONICLE.
20, 1904.1
Exports of Wrain and Flour from Pacifle Ports.— The
exports of grain and flour from Pacific ports for the week
enaing Aug. 19, as received by telegraph, have been as follows:
From San Francisco to various South Pacific ports, 12,646
bbls. flour.
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, 1904, comparison being
made with the corresponding period of 19u3.
Corn,
Oats,
Barley,
Wheat,
Rye,
Flour,
MxporU
bush.
bush.
buth.
bush.
bblt
bush.
from—
109.840
87,890
50,bl6
35,809
11,343
9
2,389
45
135
160,000
Totai.... 248 346
Tot 1903. 3*7.^07
47,153
816,500
2,398
2,016
180
232
160,000
92,746
Bui Fran.
PMetB'd.
POTtland..
174
174
745
for delivery extending over two or three months, but at
Four-yard
slight concessions from current quotations.
sheetings have sold moderately well, but here also there have
been reports of shadings. The export demand has c imprised
all lines but principally favored light-weight goods ; the actual business from this source during the week has been
smaller than for some time past, but the number of inquiries
Staple and fancy prints
for future delivery is encouraging.
are quiet at unchanged prices and business is corfloe to filling small orders for immediate delivery. G-mghams are
without particular feature and in small demand. There has
bt en some increase in the demand for ticks, and ii quiries
have been received for denims at prices slightly under current figures, but in other coarse, colored cottons business is
slow and the market featureless. Kid-finished cambrics are
quiet and without quotable change. Print cloths remain
quiet at last week's figures.
Chief of tbe Climate and Crop Division of the XJ. S. Weather
Woolen Goods.— The openings in the men's wear woolen
Bureau, made public on Tuesday the telegraphic reports on and worsted divisions during the week have been few, but
the grain crops in the various States for the week ending several more lines have been withdrawn from sale, and with
Aug. 15 as follows:
buyers leaving the market, the first rush of business may be
OOEN.— Rain would prove beneficial generally throughout the corn said to be drawing to a close. Th-re is, however, plenty of
particularly
southern
large
whlcb,
more
the
and
part
of
belt, over a
activity still, and sellers have no reason to complain of the
eastern portions, corn Is suffering more or less seriously from
The strength of the raw madrought. In the Central MUsourl Valley, while needing rato, corn has business that is being done.
made good growth a >d Is Id promising condition, bat in tbe Ohio Val- terial market has lent confidence to buyers, who have purley and Tennessee there has been a marked deterioration in the chased goods as though they expect an advance in the marcondition of the crop, Home In Indiana having been Injured beyond
This probably would have occurred betore,
recovery. In I >wa corn has made satisfactory progress and a normal bet at any time.
yield is promised. In the Southern States early corn Is being gath- except that the mills held large stocks of wool, bought at
ered, cutting belag In progrC'^s as far north as Soathern Eansits. An considerably lower than the present leveL
The demand has
excellent crop is now practically assured In the Middle Atlantic
included all lines, but a preference continues for mercerized
States. In the lake region and the Dakotas corn Is backward and Is
worsteds, which has caused a few complaints in other direcgrowing s'owiv.
8PBIHO WBBi.T —The weather has been favorable for spring wh«at tions. The general feeling is that fancy worsteds will be
harvest, wblch is far advanced In the southern portion of the spring- strong in the duplicate end of the season.
The hnsiness in
wheat reglon,acd the crop is ripening rapidly In the extreme norttiern
portion. ReportR of damage from rust continue from the Dak -tas heavy weights has practically ceased, since it is difficult to get
and portions of Minnesota. Hot winds have proved injurious in Wash- mills to accept orders. Overcoatings have been in improved
IngtoB, and yields below the average are reported from Oregon.
demand during the past two or three weeks, and in several
Oats. -Oat harvest Is now finished except in the extreme northern
districts, where this work progresses under favorable conditions. A instances clothiers have been unable to fill their requirements. Many lines of dress goods have been shown privately,
good crop Is generally indicated.
and purchasers have found no difficulty in placing their orI^~ Jfmr other tables snallv Klven here see pare 714.
ders, although the market is not officially open. Prices so
far are about on a parity with those of last season, and in
some instance's slightly higher.
GovEBNMENT Weekly Grain Report.— Mr. James Berry,
THE DRY GOODS TRADE.
New Yobk, Friday, P. M. August 19, 1904.
In spite of a reduction of %o. a yard in the price of standard bleached muslins, business in the cotton goods division
showed little sign of improvement during the past week.
The reduction will only remain in effect until August 25th,
and is confined to stock goods, but the policy that dictated it
has been freely criticised in other directions as being unnecessary and tending to undermine confidence. While it
has not been followed by any further open lowering of quotations, more is heard of irregularity in prices than for some
time past. Buyers, however, either are not in need of goods
or are holding off awaiting developments, for the demand
continues small and is almost entirely for goods for immediate shipment. The export demand remains steady but the
amount of businn es placed during the past week showed some
signs of falliag off, doubtless due to the heavy purchases of
the past few weeks. The number of inquiries in ihe market,
however, is large and a good busicefs in future delivery
could be done at slight concessions from current quotations.
There is little dispopition to grant these at the moment, sellers
holding out fairly firmly against the demands of buyers. In
the men's wear woolen and worsted division considerable
activity still prevail?, but the first rush of the season is
over and buyers are be.^ inning to return home. In the dress
goods department several orders have been reported although
the market is not yet offioially open.
DoMBSTio Cotton CJoods. The exports of cotton goods
from this port for the week ending Aug. 15 were 2,488
packages, valued at |144 167, their destination being to the
points specified in the tables below
—
Nbw Tobk to AUG.
Week.
Great Britain
Other European
China
Since Jan. 1
Week.
1,8-2
784
111,213
9,7.6
28.739
7,412
134
54,298
4.831
18,302
7,773
12,626
1,458
9,098
34,287
14,129
2,483
163,042
"636
22
189
1.623
'
1.
81
84
21
Mexico
Central America...
South Amerlua
Other Countries
Sines Jan.
818
522
8
India
Arabia.
Afrlea
West Indies
Total
1903.
1904.
16.
879
24
3,168
802
247
18,t)97
61
Foreign Dry Goods.— There has been some improvement
during the week in the re-order business for imported woolen
and worsted dress goods, but it has not been general. The
quantities ordered are small and are princpally for staple
lines of mohairs, broadcloths, etc.
The demand for ribbons
shows some improvement, but silks are quiet. Linens are
improving and burlaps have advanced during the week on
bullish foreign advices, but there has been little or no improvement in the demand.
Importations and llTarelionae TV^ltlidrawrals of Dry Goods
The importations and warehouse withdrawals of dry goods
at this port for the week ending Aug. 18, 1904, and since
January 1, 1904, and for the oorresponding periods of last
year are as follows:
»
B
^ sg
B
«
m
a
•-•
i
.
;
:
:
;
:
:
i
1
i
i
i
b:
.
.
.
•
*
»3W
M
tSCd
cOtOMl^tS
<1W*00 00
<l>j^aD(0
;
to OB
r«M
3
H
cwacoo
Cd
>4 iO
CO to
w
ta
<1<I
<eiM
09
a> jD
^it^aoco
l» 0)00 0)0
a3a.4 '^oo
ODCnCOMM
*>
(0.^
toa
f
00
giilis
:!;;:©*^
.
.
.
M
<i«k
CO
COCOMiUM
CO 00 CX CO CO
cjiOmOCO
00 «o
*CO
o
V
•0
>4
CO
1
1
COi».
M
-J to
WODODKk.]
>ll^
CO-]
OICB
09.7 CX 00 00
COM
;
gj
i
!
i
:
i
i
i
:
«
2
1
:
T
MOJOCOtO
r\
n
CO
-J
00
»J
CO
CX
M-JOCOM
tocxcocx-j
r.
CO CO 00
-J
to lf>. 05
X>
a
l»
CO
00 ex
^ooa>«>.oj
B
0>
09
M<0
<l©
b-j'ii^'bi
—
eo
00 cn
CO
3M
X
«»
<»•-
a
00
0)
1^
^woojka
-^<
—
-
<J-0DOC0
OOb "C^ 03
t3aO-4C«l»>
O
148
6,9:>2
w
4,922
284.042
00
00
woo
c;>o
M<0
Cbi^^oCO
— OS
tctoota —
>40^^co^^
CO 14
-4 09
00 <l
it'
«£) ,J>
Oi
to
uco
-»
W
o
Oi
-4m
00
<o
b©
^^
(D«
0«P
SSM «?
fln
coco
i^oaa-i
C0C0^-4C0
tOll^
CD to 09 00^
•4 CO to to CX
t to
o
a O
o
%
-n
H CO
n CX
mCOi^mCD
^
«
s
J1
•H
n'
S-
OCCOO .>>M
Ni txO09 »eB
t
«kCO_^ f^
co'oDCTbeo
?
^
?
M
M
CO
q
i
«
H
4
o
ni
"
s
#.
MCXMNCO
-3
kOOOT<hD
M to M MM
bbVcooo
i^U>«M09
CXtOOO^^
MC;t
M-^l
t9G0<^ tote
.-*
CO to
tscnooo"©
to
B
C0«DK<OO>
K)-5>*-_M€Bi|-
M.>4
o -1 Ki<i
»10MC0 09
M
co'io^
CO
eo
CO
If.
M
O
obooocxce
04
M
«»<»cxoDeo
M00|(>>CXM
CO
«e
cocoto^jta
~4C0O «
too-
1
09
coco
09
•PS 9
o
'
to
CD
M
<r>
*>
CO^
ta
«
M
M
QD-J
M
Mie
eo
-»
— 00
— M<0
<*!
CO-1
W"CJ
ifcUlCO
K3
So
^
<«
00 to
0)
Moaco<c»
CKOD
i
ir
M
M
MM
to:y>*-roo>
0.2
p
to
h' CO <> i^ CO
tX)
00 00
aMM©M
MMOJCBCO
pg
t«
CO
JD
COCO
c!
eo«^
'.O
<IO9 00O9i«»
MtO
^toaoiO
tOOODtO^
M-ia
— v-'
<1
n
-<1
0)
J<
(71
H
$ 3
\f-
00
M
kO
O)
»>
at
<3>
S
•fl
s^
a
i»-
o oo
a -J ©•J
MM
v V) J> Oi w^O^
a «o awocoDO
00
t
>•
w
M
^^^^oacMCo
o^ca-ato
«i^CdOi^
<o J>
Cd
5
M
00 Oi
O
>-_
•Q
•
(oococxcx«e
cetoeocx^
00 to CO — eo
mCO - to X
00
««
o ODM
CO
K>-4
o
oo
1^
o.-
H'
«
CiOCXOOOCO
ffl
)-•>.•
oo©os-q«
^
fi^
Mt0 09aM
•"•tOCOWM
M
3
H
^ -q MMMtO
k' Mb*, boo
fc
V to coeoMcoco
00
00©t«-4M
n M
o
Ocn
...
%
:!:::«
•
I
:
"»0<I
too
.
:
J
M M
V
D
.
.
!
o
:
.
3
s
Siifil
(B.
c
;
p?
(0
CO
-J
M
•K
H
B
g
:
e CO M
» Ut3 M
eo
too WM M
H to Ma9«><to
00— 00 CO
o MOO -iooicxco
MOO COtOtOOOM A M 1^ to CO CO (0
o
M ^00 CO >JCOC0O>
~]
cocDO — eo
OB
atocai3<K)
9 00^ yiODCXWO
MM
^ «M
H 05
Ol^>
MkSCOAtO
© CX CO © 09
M
o
00
l,>'tl8
of these New York exports since Jan. 1 has been
$9,266,320 in 1904, against $10,296,988 in 1908.
The principal feature of the week has undoubtedly been
the reduction in the price of " Fruit of the Loom " and
" Lonsdale" to l}^c. and l%o., respectively. It was expected
that this wonld be followea by a general reduction in all
lines of ble-*ched muslin, but so far this has not matnriallzed.
It has resulted, however, in quiet shading of prices In other
directions, but apparently has failed In its object of attracting buyers for the volume of business has been small.
Brown drills and sheettngs have been in moderate demand
for immediate ehlpment and a few orders have been reported
:
1
•SE
:
va
7,484
39.640
1
0U
\
TOW
CO
g:
I B^
T
s
s
g §3"?l§
se
siiFil
5
S
9
i
CO
<l^
The value
Si
."^i 1
e
Si ii
>
:
S;
o
i
o
a:
m
o:
B:
B
S,y
3
^:
1.037
126
O
B
^
69 00
COM
MOB
CX cows
Mlt«.
MMOOlP-tO
COM
OOkOO^tO
w
.u
tat3090ioa
r^
I
— to
to—
b
^^
n
o>
00 CO
cr.
(C
CXWOOCDOt
;?
«s
?•
CD 2*
H
* t
'^
1
Vl
0:»O — 00
«»
iota
tneocx — 00
^
1—
» ^Ob09 JO
ON
M
#k
^o: .-•mO ^<^
b
-4
05-I<0<»M
B
M
(0
f^
«.
>J
* wOOco
o Viciobbb
WtO ;.»MCp
K
s
CO
00
COCO
O-)OC0M
CD 00
OOOCDOD^
— oooi'-j'wb
o
coo Oco-JOoo
lO
M
CO
tO-JtOM'^
^
cu"o
y
B
I
——
—
THE CHRONICLE.
746
State
atjb
B^f^WMENT.
City
News
Items.
Bethlehem— West Bethlehem, Pa.— Consolidation Au-
—
tho ized. Tbe boronghe of Bethlebem and West Bethlehem,
with a etated combined popalation of 14,000, voted to conaolidate on Angust 9 under the corporate name of Bethlehem. Consolidation was victor ions in all of tbe seven wards,
its majority in Betbilehem bein g 913 and in West Bethlehem
Oper 1,800 votes were polled.
368.
Efic ndito Irrigation District, San Diego Connty, Cal.—
Election on Dissolution of Distrtct. —The Board of Directors
of this district has called an election Angust 23 to vote
whether or not the district shall be dissolved, its indebtedness liquidated and i's assets distributed. This district has
outstanding the following bonds
:
1250,000
<i% bonds of $500 each, dated Jan. 1, 1884,
1, as foil >W8 : $12,500 in 1905, $15,00o In
and maturind yearly on Jan.
19 0. *17 500 In 1907, $20,000
iH 1908 $a<!,500 In 190«. $25,000 iu 1910, $27,500 In 19J1, $32,600 In 1912,
»a7,600 in 191.S and »40,000 in 1P14.
100,000 6% bonds of $5ii(i each, dated April IB, 1^96, and matiirlne yearly on
April 15. as follows: i;5,0jO in 1906, $6,000 in 1907 $-,003 in IHO-*,
$H.( 00 in 190l», *W 0<
in 1910, $10,000 in 1911, $11,' 00 in 1912, $13,000 in
1913. $15,000 in 1911 and $16,000 in lbl5.
In addition to the above bonds unpaid coupons are outstanding amounting (incladiog those due July 1, 1904,) to
$137,865.
The owners of the above bonds and unpaid coupons have
offered to sell the same to the district for $201,384 87, with
interest at 5% from March 1, 1904, provided the difference between this sum and |235,000 (lees expenses of proceedings) be
used in making repairs of the ffume, ditch line and other
parts of the irrigation system. It is proposed by the > oard
of directors to levy on the property of the district the sum of
$225,000 plus $8,584 60 (the estimated cost of dissolution if
the proposition carries by the necessary two-thirds vote)
making $228,584 60 to be assessed in all.
—
Constitutional Amendments.
At the coming
(i^eorgta.
election Oct. 5 there will be submitted to a vote of the people
an amendment to Article 7, Section 1 of the State Constitution, limiting the levy of taxes on property for any one year
by the General Assembly to five mills on each dollar of the
value of the property taxable in the State, except for the
purpose of repelling invasion, suppressing insurrection or
defending the State in time of war. Another proposition to
be voted upon amends Article 8, Section 4, Paragraph 1 of
the State Constitution in rel.tion to local taxation for public
schools. Still another amendment provides for the increase
in the number of repreeentatives in the Legislature, while
another limits the possible number of counties in the State
to 145.
Legislature Adjourns.—The State Legislature adjourned
Angust
—
,
11.
—
Constitutional Amendments. The State of Kansas will at the coming election vote on the question of
amending the State Constitution in two particulars. One of
these amends Section 14, Article 2, relating to the Governor's power of veto, and gives that official the right to veto
one or more items in a bill containiug several Items of appropriation of money. The other amendment provides for
the election of a State printer— Section 4 of Article 15.
Knox^ille, Tenn. Bond Litigation.— The attorney for the
Knoxville Water Co. has secured a restraining order preventing the city officials from iesuing the $75u,000 waterworks bonds voted at the election held July 9. The case
will come before Judge C. D. Clark for a hearing on Sept. 19.
Sioux Falls, S.Dah.—Lcgaii«2/ of Bonos.— In the Chronicle July 30, p. 518, we published a letter from Mr. Joe
Kirby of Sioux Falls, S. Dak, bearing on the decision recently rendered by the United States Circuit Court en j fining the city from installing a water plant of its own. The
Co. of Portfollowing letter from Messrs. H. M. Payson
land, Me., presents the other side of the case
Portland, Mb.. Aug. i. 1904.
Kansas.
&
:
Comnitrcialand Financial Olironicle, New York f ity :
GENTLEMEN; We were Interested iu the letter pablished in your issue of
July .si'EivmK the opinion of Mr. Joe Kirby of Sioux Falls. S. Dak., oi the
validity of »i5lo.uoo 5% city water loan bunds issued by that city for the purpose of parallellDg the water-worliB system of the South Dakot* Water Company, in whicn we art< Interested.
lu l«8i the city, e.iher being unable to raise money to build, or unwilline to
Incur tbe hHzards of building, granted a franchise contract to a water company, reset ving the right to purchase the water-works at their fair value. A
plant was oullt iu ace irdanco with that contract. Subsequently the growth of
the city tnade necessary a chance of water supply and much reconstruction
and enlargement of the plant. The city demsnded an appraisal for the pur
pose of purchusing, expecting to buy the material property at junk value and
pay nothing whatever for the busiuess built up by years of skilful administratiou. The valuation tlxed by disinterested arbit-ators exceeded tbls expectation of the city, and it therefore declined toporcha-e.
The constitutional debt limit for cities of South llakotn was 6*. Subsequently
anameiidinent was passed granting to cities the rightto incur 10% additional Indebtedness for tlie purpose of tjullding water worn, meaning, of course, lOit
additional to the alrendy existing 6% legal limit, or, say, a tolnl of 16%. The city
of Sioux Kails, already having a debt of over 18%, or 2H timci« the legal limit of
5X, proceeded toll cur an adaitloual 10*, or iJ2* In all, for tbe sole purpose of
b% bouos for
destroying the existing water works. The city sold $21(i,<m
$1n2,u0o, and proceeded to parallel the existing piant, the SupremeCourt of the
State UDholding the city. The United States Court finally issued a temporary
Injunction, whicli temporary injunction has now been made permanent, holding that the city ban neither the power nor the authority to incur indebtedness beyond th«« constitutional limits of l6%,ard thus re-taining the city
from completing or operating waier-wotks. Therefore, if it had not the power
to create such a debt tbe bonds so issued are clearly illegal and void.
Mr. Kirby says the "honor" of the city is pledged to pay these bonds. The
business honor of a community is best Indicated by its business crenit. Cities
of good credit have no difiBcnlty in selling 4% bonds at, a premium Sioux Falls
had to sell 6* bonds at $iS8,0 lO discount. As the bonds were aud are clearly
Illegal under the Federal decision, any taxpnyer can enjoin their payment in which event there is room to think that the "honor" of any city
whose bosincss credit is so far below par would be poor security for their payment. * •
But one city in the United States of the size of Sioux Falls has ever paralleled au existing water-works where it had the right to purchase said works at
their fair value. Such purchase at "fair value" Is but just and equitable to
:
[Vol. Lxxix.
the water companies an well as to the public, and civic attempts to force a
water company to accept junk value (or its property by ilire',t of monicipal
CI mpeiltion. eipcclally bi illegal methods, deserve to meet with results similar to that at eioux FhIIs
Fully $ 00,000.00 tiaa been furnished by investors to build water-works to
supply cit ee that were unable or unwilling to build for tbcmxelvei'. In nearly
every insiairce right Is reterved to such cities to purchase such plants -t their
fair value. If defective in any respect, the fair value is correspondingly lessened; If over capita Ized. the owners, not the cities, must meet ai.y resultlnv
loss; but Jnsilco is thereby rendered to all.
Veryt'uly.
H. M. Patson 4 Co.
Tiffin. Ohio.— Bond Ltiigation.— The following dit-patcb
from Tiffin, dated August 8, appeared in the ToUdo "Blade:"
Ad Inlnnotlr'n PD)t hf8 been filed In the Seneca ConntyCoiBiDon Pleaa
Court bj W. Scott Wagner wnd Weillujflou J O'lfflth, taipayers, seeking to enjoin the paymer.tof $150,000 of city street paving bonds
falling due during tho text two years. They had been Issued for the
purpose of b.ilialDg sewers and for street imprr veiLeijiB. Th" petitioners claim that the bondo were issued In ezoess of the amoant
which the statutes allow. The legality heretofore had Lever been
qiiesiioned. The fam«< men at the e-ame time filed a salt to ecjoin the
cale of $1 3,0C0 worth of bonds for the purpose of paving Greenfield
Street. Tbls sale would have taken place to day. (See V. 9, p. 0)46.)
Mayor Leister vetoed thin paving orcilnanoe twice forlhe p.afceof keeping the city's bonded debt down as low as poseibie, but the Coonoil
passed It over his veto.
On August 13 the suit involving the $150,000 paving bonds
was dismissed by Jadge Schroth, with consent of the plaintiffs, but that pertaining to the |13,000 bonds offered for sale
on August 8 will c< me up for a hearing at a later date.
T«tWot«hip of Moet^Six, 8.
Bond DeciHon— The following is taken Irom the Charleston "News and Courier :"
Abbeville, N. C, July 30.— Judge Prltchard, In the United States
Circuit Court, handed down to-day his f.eolsion In the South Car Una
bond case, entitled ei-parte Ellen Foleon, Jenrle F. Pack ano Nannie
F MoCaniees in re George W. Foleon, plaintiff, against the township
of Ninety sir. defendant.
The plaintifi applied to Judge Prltchard for a writ of mandamus
comi eUing the authorities in the township In question to levy a tax
fur the payment of certain railroad bonds. The cace is one o* the most
novel and important that has yet come before Judge Prltchard, Involving the cot struotion of the South Carolina CoEstltntlon and the
power of a State to abolish municipal divisions in snoh a way as to destroy bODded icdebtedness. Judge Prltchard, after bearing the argument in tbe o&fe, grinted the mandamus prayed for.
West Tlrglnia. Legislature Adjourned,— The State Legislature, which convened July 26 in special session, adj mrned
August 12. Several tax measures were passed, among which
was one limiting county levies after 1905 to $6 per $1,000
of valuation.
'
C—
Bond Calls and Redemptions.
Colorado.— Warrant Call,— Bion. Whitney Newton, State
Treasurer, calls for payment thirty days from the date of
notice (Angust 10) the following vparra' ts
:
Revenue warrants of
Revenue warrants of
1903, Nos. 818S to 3397, Inclusive.
H»(i4, Nis. 1291 to 1376, inclusive.
Capitol Building warrants, Nos. 3686 to 3705, inclusive.
Kent County (P. 0. Ciairemont), Tex.— Bond Call,— J. B.
Jay, County Judge, calls for payment bridge bond No. 2 for
11,000, issued Aug. 15, 1894. Interest has ceased on this bond.
The .official notice of this bond call teill be found among
the advertisements elsewhere in this Department.
Mo.— Bond
Monett,
$14,890
8)1
Call.—F. H, Attaway, City Clerk,
29 the following bonds
payment August
calls for
:
refunding water bonds Nos.
J
to 14 for tl,0<"0 each
and No.
Due Jan. 1, lnl2. subject to call after
PaTinent National Bank of Commerce. New Vork i"ity.
Date, Jan.
$8ii0.
1. 18i»8.
1903.
4,000 6? city hall, jail and
Date. June 1. 18»B.
water bonds Nos. U to
t»,
inclusive, for $50
16 for
Jan. 1,
>
each.
Due June 1, lv<i6. optional June 1, 1901. Payment
Bank of Commerce, New York City.
can also be presented for p&ymenc at tbe banking
at National
Bonds
Harris & Co. of Chicago.
notice of this bond call will be found
the advertisements elsewhere in this D^artment.
house of N.
The
W.
official
among
Nasbvllie, Tenn.— Bonds Purchased and Canceled.— The
City Treasurer bae purchased and canceled |12 OUO waterworks bondd, isfue of 1882, due in 1907. Bonds are for $1,000
each and carry 6% interest.
Wew Orleans, La.— Premium Bonds Drawn.— The following premium bonds of the city of New Orleans were drawn
by lot on July 31, 1904 (for payment Jan, 15, 1905), this being
the oce hundred and fifteenth alio' ment
Series 160, 264,
:
284, 336,
2671, 8298,
4558. 4608,
7160, 7831,
9726, 9829,
issued.
7<iO,
3395.
5011,
7945,
9925,
795, 839, 1219. 13j3, 1419, 1509, 19.59. 2395,
3653, 3718. 4*02. 4076, 4082, 4275, 4360, 4464,
5060, 5867, 5362, 5581. 6035, 6185. 6410, 7120,
8128, 8177, 8273, 8359, 8883, 9459, 9583, 9696,
9946.
Series Nos. 6734 to 10,0.0 were never
Bond Proposals and Negotiations this
week have been
as follows:
Abbeville, Ala.— Bond* Fofed.— This city on August 8, by
a vote of 1 14 to 8, authorized the issuance of |20,000 6$. 20-year
water-works and ligbt bonds.
Aberdeen, Harford Conuty,
6% 15-20-year
(optional)
Md.— Bond
but not awarded on Aug.
& Co. of Baltimore,
est to Hambleton
in V. 79, p. 693.
Sale.— The $7,000
bonds offered
par and interBonds were described
electric light-plant
6 have been sold at
Ackermun, Miss.— Bonds Not SoM.—The $13,000
(serial) school bonds
yet been sold, and the
11-20-year
mentioned in V. 79, p, 618, have not
same have been re-advertieed, bids to
be opened on Sept. 6. The rate of interest is limited to 6%.
Denomination, $500.
Adams Connty, Ohio.— Bond OiTertnfli.— Propcsals will be
received until 12 M, September 6, by F. H. Doyle, Connty
—
Aug.
5iO
,
747
an issue of $8,000 6^ school bonds. DenomiDate, day of sale. Interest, January 1 and
Maturity, $1,000 on January 1 from 1913 to 1920, in-
Bank at 106'25
nation, $1,000.
Joly
1.
clusive.
years.
A
loan of $9,000 on
Agawum, HaM.—Loan Authorized,—
10-year notes was authorized at a special town meeting held
August 9 for a school building.
Alpeua, Mich. —Bond Ojferingf.— Proposals will be received until 3pm., August 35, by the Common Council, for
the following bonds
:
JIOO.OOO 4% electric-light bonds, maturing 110,000 yearly on Sept. 1 from 1026
to l>'3t. Inclusive.
150,000 5% water works bonds, maturing flS.OOO yearly on Sept. 1 from 18S4to
19Sa, incluslTe.
Both issues are dated Sept. 1, 1904. Denomination, $1,000.
Interest semi- annuaJly in New York City. Blank bonds to
be furnished by the successful bidders. Certified check for
10)< of the amount of bonds bid for, drawn on the Alpena
County Savings Baiik or the Alpena National Bank in favor
of the City Recorder, required. City has no bonded debt at
present. Aesessed valuation 1904, $3,9?3,505. R. J. Crable
is
—
THE CHRONICLE.
20, 1904.]
Auditor, for $13,500 4i conpon "connty-account funding"
bonds. DdDominatioD. |500. Date, Aug. 1, 1904. Interest
gemi-annnally at the office of the County Treasurer. Maturity,
—
City Record-r.
Anabetm Schnol
District,
Orange Couaty, €al.—Bond
Offering.— PTi^X)osa,\s will be received until 10 a, m., September 7, by C. D. Lester, County Clerk (P. O. Santa Ana), for
Denomination, $500.
$10,000 4^% coupon gold school bonds.
Date, June 1, 1904. Interest annually at the office of the
County Tree surer. Maturity, $500 yearly from June 1, 1905,
Bioomdule (Ohio) Special School District.— Bond Election Postpovea.—'^e are advised that the call for an election
August 8 to vote on the question of issuing $1,500 school-Improvement bonds was withdrawn, for the reason that it was
impossible to secure the ballots from the Board of Elections.
The question will not now be submitted to a vote until the
regular fall election.
Bojd, Lac Qui Parle County, Minn.— Bonds Not Sold,—
bids were received August 10 ftr the $7,000 water bonds
described in V. 79, n. 282.
Braddiick, Pa.— Bonds Voted This borough, it is stated
voted to issue $77,685 funding and $41,640 street-improvement bonds at the election held August 2.
Braddocb (Pa.) i^chool District. -Bonds Fofed.- School
bonds to the amount of $70,000 have been authorized by vote^
according to reports.
Broome County, N. Y.— Temporary Loan.— This county
has arranged to borrow from time to time, as the money may
be needed, the snm of $60,000 from the Binghamton Savings
No
—
Bank
Loan
at b% interest.
will
mature Feb.
—
1,
1905.
Broxton, tta.— Bond Elect on. An election will be held
September 2 to vote on the question of issuing $10,000 G% 20^
year fchool-hou^e bonds.
Cache Bay (Town), Ont. Debenture O^ertr-gr. —Proposals
will te received until 12 M,, Sept. 3, by Jesse Bradford,
June 1, 1924, inclusive.
Arizona.— Bond Offerii gr.— Proposals will be received until Solicitor for Vend ore, P. O. Sturgeon Falls, for $2,000 5jg
2 p. M., September 12, bv the Board of Control of the Terri- school debentures, maturing part yearly for ten years.
Date
tory of Arizona— Geo, E Truman, Secretary— for $10,000 5% of issue, July 1, 1904.
Denomination, $1,000. Date,
gold icsane-ssyltim bonds.
Bond Election.— XJnder an Act of the LegisCaliftiruia.
Jan. 1, 1904. Intert-st semi-annually on January 1 and July 1 lature approved March 20, 1903, the people of this State will
at office of Territorial Treasurer In Pboeoix. Maturity, Jar. vote at the coming election on the question of issuing not exAuthority, Act ceeding $2,000,000 ^% bonds to be dated Jan. 2, 1905, to create
1, 1954, subj'^ct to call after Jan. 1, 1929.
No. 73 of the 22d Legislative Assembly of Territory, which a fond for the construction by the board of State Harbor
Act has been approved by the Congress of the United States. Commissioners of a sea-wall and appurtenances in the city
A certified check for b% of amount bid, payable to E, E. and county of San Francisco. If authorized the bonds will
Kitkland, Territorial Treasurer, required.
matuie Jan. 2, 1924, subject to call after 1914. A majority
Ashtabula (Ohio) School District —Bond O^eringr.— Pro- vote will suffice to autborize.
posals will be received until 12 M,, September 8. by James
Cainbridgf, Ohio. Bond Sale.— The highest bid received
Reed, Clerk B> ard of Education, for $30,000 4i^« school August 15 for the $2,OG0 i}4i 30-year street-improvement
bonds. Authority, election held Nov. 8, 1903; sJao Sections bonds described in V. 79, p. 282, was that of W. R. Todd &
3991,3992 and 3993, Revised Statutes of Ohio. Denomina- Co, of Cincinnati at 1C5-25.
Interest, April 1 and October 1 at the office of
tion, $500.
Camden, SlLe.—Bond tale.— Ihia town recently sold to
the City Treasurer. Maturity, $1,5C0 each six months from Tyler, Fogg & Co. of Bangor an issue of $14,000 1-10 year
Oct. 1, 1904, to April 1, 1914, inclusive. Certified check for (aerial) schooJ-bnildlrg bonds at a price to yield 3'70^. De$1,000 on a national back required, Accrued interest to be nominations, $1,000 and $400. Date Aug. 5, 1904. Interest,
paid by purchaser.
semi-annual.
Aabnrn Township, Shawnee County, Kan.— Bonds Voted.
Canon, tta.— Bonds Authorized by Legislature. Bonds for
The election August 2 on the question of issuing bonds in echo )1 purposes have been authorized by the State Legisaid of the Topeka Eskridge & Council Grove Interurban lature.
Railroad resulted in a vote of 108 to 29 in favor of the propCapac, Mich.— l>'onds Defeated.— On July 21 this village
osition.
Bonds to the amount of $2,000 per mile of road are voted against the issuance of S7,000 water-works bonds, A
to be issued.
second election was held August 10, the amount of bonds
Aurora (III.) School District.— Bond Sa/e.— We are ad- bsiug reduced to $?,000, but the proposition again failed to
vised that the $63,000 isigh-dchool bonds recently voted have carry.
been sold.
Caro (Mich.) Sehool District.- Bonds <o be Zsstted.—This
Bain bridge, Ga.— Bond* Fofed.— This town on Auoiust 8, district:, it is slated, will issue $3,500 bonds to install a new
by a vote of 168 to 1, authorized the issuance of $20,000 5^ heating apparatus in the high-school building.
1-20 year (aerial) electric-light-platit bonds, to be dated Jan.
Carthage (111.) Schtjol District.- iiond ^ ale,— Oa August
Bonds will be offered in about sixty days.
1, 1905.
12 the $18,000 5% conpon high-school bonds described in V.
Baker City, Ore.— BomoJ Offering.— Pioposala will be re- 79, p. 642, were awaidea to tlie F;riit National Bank of Chiceived until 4 p. M Aug-. 31, by W. S, Levens, City Auditor cago at 104'50 and interest. Following are the bids
and Clerk, for $20,084 35 Q% gold sewer bonds, dated July 1,
First Nat. Bank, Chicago
$18,810 00 Geo. M. Brinkerhoff, Sp'fleld. $18,676 60
1904, and maturing July 1, 1914, subject to call before that Thos. J. Bolger & Co.. Chic. lb,'<6& 00 vv
Hav«8& Sons. <'leve.. l8.fiP0 00
00
date.
Denomination not over $500. Interest eemi-annually K. KleyboltesCo.. KorBs... 18.76k! 76 J. M.Holmes & Co Chicago. 18,540
Cincinnati
jKor4Hs. 18,29^60 Seafongoud A Mayer, 'Incin. l''.4H4 76
at the office of the City Treasurer.
Certified check for Mason, Lewis & Co.. Chicago, 18,«82 no Charles Morse Smith. Chic.
18.«65 40
M.Bechtel & (,o.,DaVport. 18.666 00 Frances Bnis. & Co.. St. L... 18.378 00
$800, payable to the Cit.y Auditor, required. These bonds G.
N W. Harris & Co.. Ctiicago.. 18,684 00 Ijittle & Hays. St. i.ouls
)8.186 00
were oflftred, but not sold, on JuJy 18.
Royal Trust Co., Chicago ... l><,650oe Kicker Nat. Bark, Quiiicy.
18,102 60
Farson.
(juincy
Leach
18.«36
00
AgencT
Co
Quiucy.
18,lu2 08
&
Co.
.Chicago.
Burbertuu, Ohio.— Bond Sale.— This village sold at private Chas. H. Coffin, Chicago..
18,02B 00 Uonuldson Bond & Stock Co.,
sale on August 3 an issue of |875 b% sewer bonds to Feder, John Nu veen & ) For Ss
18,iri00
18,692 00
St. Louis
Co., Chicago..} For 4><^s.... 18,115 00 A. Kleybolte & Co. (not considered).
Holzman & Co., Cincinnati, at 101*143 and interest. DduomCatsklU, N. Y.—Bonda Proposed.— The isauanoe of $13,000
ination, $175. Date, July 1, 1904.
Interest, semi-anDual.
Beatrice. Neb.- Judgment Settled. The following ap- bridge bonds by the town of Catskill is being considered, according to local reports.
peared in the Omaha " Bee
Cheboygan, iBich— Bonds Fofed.— This city has authorBeatuick. Neb., July 27.— At a meeting of the City
night
a
resolast
to
—
—
,
,
I
.!.
}
I
,
1
.
.
I
I
.
I
.
.
..
|
|
—
:
Council
lution was pasaod autiiorizlDg the Mayor and City rierk to enter into a contract wibb Ctiesier B. Vlasi-lich, an attorney for Eastern bondbnldera aiialust
the cltv. for a seitlemsnt of the citv's indebtedness in Judgraents and bonds
amounting in all to (14,140 7S. Mr. Masslich was at the meeting and a settlement was reached by the city agreeing to pav »43,o(!0. a reduction of about
>l,U00aud a reduction of Interest upon judgments from 7 to
per cent an*
upon bonds from 6 to 4 per cent from July a?, tit'i4. The amounts are to be
paid as follows: »!«,<(
when contract la entTed into. fU.uoO to be paid
Aug. 1, 1906, and the remainder, with interest, on Aug. 1, 19ua.
Belding, Mich.- Bond S'aZ«.-On August 5 the $10.000 4^
12-year coupon water bonds described in V, 79, p. 5»9, were
awarded to Trowbridge
Niver Co., Chicago, at par.
Bellefontaine, Ohio.- Int^r eat Bale Reduced.—
are irformed by the City Treasurer that at the request of W. R.
Todd «& Co., Cincinnati, the purclia.'>erfl of tLe recent issues
of street bonds (see V. 79, p 115), the City Council is Issuing
$49,160 refunding bonds, to be dated Aug. 15, 19( 4, reducing
the in erest rate from 5$ to 4i>^!r, and extending the time of
payment. The new bonds retire four iesu-s of sireet-lrapiovement bonds tor |8 860, *5,t00, $85,800 »nd $15,(00, respnctively, and will mature from March 1. 19(5, to Sept. 1, 1915, inclusive.
The premium paid was H^3 05.
&
We
Betlevne (Ph.) School District.— Bond Sale.— Th\8 dishas sold an Is^-ue of school-building bonds.
Hernard«Tille TN. J.) School Oi»lrict.—Uonft Sale.- Oa
August J3 this district awarded to the Bernardsville Nationa
trict
ized the issuance of $20,000 city-hall bonds, the vote being
196 for to 189 against the issue.
Checotah, Iiid.
Bond Q^ert«gr.— Proposals will be
received until 8 p. m September* 19, by the Mayor and Town
Council, care of D. W. Fry, Town Recorder, for $15,000 Q%
coupon school bonds. Denomination to suit purchaser. Date,
Oct. 1, 1904. Interest semi-aunually at place to be designated by purchaser. Maturity, 20 years. Accrued interest
to be paid by successful bidder. No conditional bid will be
confcidered.
Certified national bank check for 10« of the
amount of bonds bid for, payable to the Treasurer of the incorporated town of Checotah, required. Town has no bonded
indebtedness.
Chelan County (Wash.) School District No. I.— Bond
Sale.— Oa August 1 the County Treanurer awarded to Morris
Bros.
Chiietensen of Portland an issue of $10,000 5% 10-20jear (optional) bonds of this district »t 103.
Chelan Coonty (Wash.) School District No. i.—Bond
Sale.— Oa August 13 $1,600 5$ 1-10 year (optional) schoolhouse bonds were awarded to the State of Washington at
par.
Denomination, $800. Date, Aug. 13, 1904. Interest,
annual.
Chelmsford. Mass.— Note Sale.-Oa August 18 thf» fin.OCO
i% 1 5-year (serial) sohool-house notes described in V. 79, p.
Ten—
,
&
——
:
:
:
THE CHRONICLE.
74»
to Jose, Parker ft Ck>., Boston, at 101'26
I^ollowiog are the bids
100-897
B. L. DAr & Co.. Boiton
JoM. Parker* To.. Boston .... 101-9«
<(98,
were awarded
Hod
intereat.
:
I
100 10
BIo<lK«t,Memtt& Co.. Bolton. .lOO'iS B. A. Ke»n.Cnio»iro
Chlllicoih*", Oblo.— Bond ,Sate.—OQ Aug. 10 the Trnstf es
of the SinkiOK Fa ad sold to the Central National Bank of
I
Chillicothe the |18,70'J i}4% Second Street Improvement
bonds de8crib€d in V. 79, p. 648, the price paid being 102.
The following bl'is were received
:
Nat Bk., Cbl)llcotlie.tlW,074 00 Hayden, Miller ft Co.. 'Clere. 118.080 00
Heasoutfood A Mayer. t;tuoiu. 19.0&3 06 First Nat. Bank. Chillicothe. 18,960 00
R. Kleybolte *Co..CiDCln... 19,027261 W. J. HaTes & Oons, Clere... 18.Uia CO
UuloM Say. Bk. & Tr. Co., Cln. 18,t)81 00
<'entrai
I
I
(T0L.LXXIX.
Delaware, Ohio.— BoHd« Authorized.— Oa Aagust 1 the
City Council passed an ordinance (No 22) providing for the
iesnanoe of $5,100 6^ coupon West William Street eanltarysewer bonds. Denomination, $170. Date, Sept. 1, lt04. Inter«-8t, semi annual.
Maturity, one bond each six months.
Deitlson, lewa.— Bids.— Following are the bids received
August 1 for the $20,000 it refunding bonds awarded, aa
stated two weeks ago, to E. H. Rollins
Sons of Chicago at
&
100-625 and interest
. H. Ronins
N. W. Uaisey
expenses)
A,
Sons. Cblc...|20.1SS 00
& Co. (leia $160
ChllllcotliK (Ohio) School District.— Bond O/ertna.— Proposals will be received nntil 18 M., Angnet 30, by James I.
Bolger, Clerk Board of Edncation, for $17,000 il4% coupon
fnnding bonds. Denomination, |1,000. Date, Sept. 1, 1904.
Interest eemi-annnatly at the office of the City Treaenrer.
Maturity, 11,000 each six months from Sept. 1, 1907, to
Sept. 1, 1915. inclusive. Accrued interest to be paid by purchaser, Certifit'd check for 2% of the amount of bonds bid
for, payable to the Treasurer of the city of CDillicothe, required. B)nded debt at present, $40,000; floating debt. |17,000, which amount will be retired by the bonds now offered.
Assessed valoation, $5,160,000.
Cincinnati, Ohio.— Bond Sale.— On August 15 the $325,000
i% 30 year coupon fire-department bonds described in V. 79,
Colby of New York
p. 226, were awarded to Herrick, Hicks
City at 111 '029. Following are the bids
&
:
Herrick, Hicks & Colby,N.Y.»3<i0.844
Domlnlcfc a Uomlnick. N. Y. 369.417
Union SaT. Bk. & Tr. CcCln. 868,667
858.578
N. W. H aleey A Co N. Y
R. L. Day & Co., New York. 358,517
856.703
BeasonKOOd A Mayer, Cln.
,
.
.
.
.
. .
25
60
00
60
06
76
W. Harris 4 Co.. Chic....ffli'6.460 CO
W.R. Todd&Co., Clncin... 855, 67 60
ffeder. HoUman «Co.. Cln. 3S4,860 00
N.
Prov. Sav. Bk. &Tr.Co ,Cin. 858,4f 00
Atlas Nat. Bk., Cincinnati.. 361,818 50
B. Kleybolte & Co., Clucin. 8^6, i25 00
.
Bond» Authorized.— The issuance
of $200,000
4<J
coupon
street-re-surfacing bonds has been authorized; also $26 000
park improvement bonds. The street-re-sur facing bonds aie
in denomination of $500, dated Aug. 1, 1904. Interest semiannually at the American Exchange National Bank, New
York City. Maturity, Aug. 1, 1924.
Clarinda (Iowa) School District.— Description of Bonds,
are informed that the $16,000 school bonds which we
stated last week bad been sold were awarded on August 6 to
Geo. M. Bechtel & Co. of Davenport at par for 4 per cents.
Denomination, $500 or $1,000. Date, Aug. 1, 1904. Interest,
— We
semi-annual.
Maturity, ten years, subj ect to call after five
years.
Clarion, Iowa. Bond Election.— A.u election will be held
August 81 to vote on the question of issuing $15,000 water
works bonds.
Cleburne, Texas.—£ond Election. An election has been
ordered by the City Council for August 31 to vote on the
question of issuing the $26,000 street-improvement and fire-
—
station bonds referred to in V. 79, p. 643.
Cleveland Heights, Ohio.—Bond OjTeringf.— Proposals will
Gt. Phare, Vilbe rer»eived until 12 M., August 30, by
lage Clerk, at hia residence on Lee Boad, for $6,750 5% coupon Noble Road bonds. Denomination, $500, except one
bond for $250. laterest, April 1 and Octooer 1 at the Fairmount Savings Bank Co. of Cleveland. Maturity, $500 yearly
on October 1 from 1905 to 1913, inclusive, and $750 Oct. 1,
Accrued interest to be paid by purchaser. Certified
1914.
check for 10^ of the amount of bonds bid for, payable to the
Treasurer of the village, required.
Cljde, Ohio.— Bond .E/ecfton.-An election will be held
September 10 to vote on the question of issuing $8,400 43^«
Wm,
Denomination,
coupon water-works-improvement bonds.
$500, excppt one bond for $400, Date, Sept. 15, 1904, InterMaturity, $500 yearly on September 15
est, eemi-annnal.
from 1915 to 1930, inclusive, and $400 Sept. 15, 1931.
CollinWdOd, Ohio. Bonds Defeated.— This place on August 15 voted against the question of issuing $25,000 bonds for
the improvement of the water works.
Colnmbns, Gta.— Description of Bonds.— The $15,000 bridge
and tbe $25,000 fire-department gold bonds voted at the election July 8 (see V. 79, p. 226,) will be issued In denomination
of $500. Interest, 4>, payable April 1 and Citober 1 at the
—
office of the
City TreBSurer.
Maturity, $2,000 yearly.
Colamhas, Ohio.— Bond Ordinances Passed.
—
The City
Council has authorized the issuance of $28,000 engine house,
$25,000 North Market House improvement and $3,000 Living
ston Park improvement bonds.
Bond Election Authorixed, The City Council has passed
the resolution submitting to a vote of the people at the fall
election the question of issuing $1,200,000 filtration-plant
bonds.
Bonds Authorized.— Aq ordinance passed the City Council
1-10-year
on August 1 authorizing the issuance of $7,500
(optional) Carpenter Street improvement bonds, dated Sept. 1,
Interest semi-annually at the office of the City Treas1801.
—
H
urer.
Bond Sale.— According
the Dallas
to
has sold at par and interest to John P.
O'Brien & Go. of Boston the $30,000 school-improvement
bonds mentioned in the Chronicle Aug. 6.
Danville, Fa.— Bonds Voted.— ll Is stated that this borough has voted to Issue about $50,000 bonds.
Daj ton, Ohio— Bonds Authorized.— On Aug. 8 the City
Council passed an ordinance providing for the issuance of
$8,500 6 per cent West Second Street extension bonds. De
nomination, $500. Date, Ovit. 1, 1904. Interest, semi-annual.
Maturity; $5i0 in two years and $1,000 each year thereafter
Dallas, Texas.
"News,"
this city
until paid.
I
R. Kleybolte & Co. (lew 1160
expense!)
Par
Geo. M. Bechtel ACo.(lesiezpen.) Par
.
Par
1
I
Dotban, Ala.— Bonds Not Yet Sold.— We are advised by
W. Lisenby, City Clerk, that the #20,(00 5j paving, water
and electric-light bonds which this city has been offering for
sale have not yet been disposed of and that bids will be received at any time for the same.
Dover Township, Shawnee County, Kan.— Bonds Voted,—
On August 2 the election held in this township to vote on the
qaestlon of issuing bonds in aid of the Topeka Eskridge &
Council Grove laterurban Railroad resulted in favor ot the
Bonds to the amount of $^2,000
issue by a vote of 85 to 37.
per mile of road are to be Issued.
Dravosburg, Allegheny Coanty, Pa.— B>nds Defeated.—
By a vote of 114 for to 145 against, this borougti on Aagust 6
defeated the proposition to issue $30,000 permanent improveR.
ment bonds.
Daqauin (111.) School District.— Bonds Fo<ed.—This
trict
dis-
on August 13 voted to issue $28,500 5% high-school- build-
ing bonds.
Y.—Bond
Eilenvlile, N.
Offering.— The Trastees of the
village will sell at public auction at 2 p. m , August 24, to the
person who will take them at the lowest rate of interest,
-nomination,
$30,000 coupon dyke and repair bonds.
Date, S'^pt. 1, 1904. Interest, not exceeding 4t, pay$1,000.
able June 1 and December 1 at the First National Bank of
Eilenvlile.
Maturity, $1,000 yearly on June 1 from 1906 to
deposit of 10^ of tee par value of bonds
1935, Inclusive.
required of purchasers on day of sale. Bonded debt, including this issue, $39,500. Assessed valuation 19 i4, $282,116.
Soru,
These are the bonds awarded July 20 to W. J. Hayes
Cleveland, but as the advertisement then called for i% bonds,
instead of asking for bids at tbe lowest rate of interest, as
required by law, thnt sale was not consummated.
Elmu (Texas) Independent School District.— Bonds JVbf
Sold. —The |4 000 i% bailding b nds t ffered on August 6 were
not sold, the best bid bslng $3,800, received from an Austin,
Texas, party. The district Is holding out for par. See V. 79,
p. 643, tor description of bonds.
Bond$ Registered. —The State Comptroller on Aug. 13 registered the $4,000 4{ 10-40-year (optional) sohool-house bonds
datea July 1, 1904, mentioned above.
Elyria, Ohio.— Bond Sale.—Oa August 16 Fuller, Parsons
Snyder of Cleveland were awarded the $88 960 (amount
reduced from $64 220) 5^ Middle Avenue improvement and
tbe $40,000 5% bridge bonds described in V. 79, p. 283, paying
$390 and $552 premium for the same. Following is a list of
D
A
&
&
bids:
PremutfU.
.
$»0.000
Bridgt
Bonds.
tiondi.
Fuller. Parsons
& Snyder, Cleveland
Cincinnati Trust Co
Kleybolte & Co.. Cincinnati
Weil. Roth & Co Cincinnati
Seasoniiond & Mayer, Cincinnati
Security Savings Bank
.
S<«vin ee Bank & Trust Co.. Cincinnati
LoramToua y Ba kof Blyna
P.S Brl«K8 & Co., Cincinnati
Deul»on, Prior* Co., Cleveland and Boston
Hai den. Miller & Co., Cleveland
W.J. Hayes & Sns, Cleveland
Lamprecht Br B. & Co., Cleveland
Feder, Holzmaa & Co.. Cincinnati
Provident
.
tei.960
ItnpT'Vement
$8M0 no
310 00
80100
26100
247 00
2i0tj0
170 00
On 00
b5 00
$61200
41100
48«00
415 00
407 00
80000
870 00
35000
87000
60100
400 00
10260
88000
lOaOO
10000
Empvrla, Ta.— Bond Q^eriwfir.— Proposals will be received
September 1, by the Town Clerk, for $30,000 5%
y
water and sewer bonds. Interest, semi-annual.
The official notice of these bond offerings unll be found
among the advertisements elsewhere in this Department.
Enid, Okla.— Bond Sale Postponed Indefinitely.— We are
advised that the sale of the $75,000 water- worfis bonds mentioned In the CHRONICLE of July 9, p. 170, has been postponed Indefinitely.
Euslis (Neb) School District— Bonds Defeated.—The
until 12 M.,
election July 20 resulted against the issuance of $6,000 brick
scbcol-honse bonds.
Fergos Falls (Minn.) School District-Bonds Voted.—
This district on August 11, by a vote of 323 to 123, authorized
the issuance of $45,000 school-house bonds. Date ot sale not
yet determined.
Flndlay, Ohio.— Bonds Authorized.— On July 18 the City
Council passed ordinances authorizing the iasuance of the
following bonds
West Lima Street Improvement bonds, maturing $600 yearly on SepteniDer 1 Jrom IttOB to IHll, inclusive, and $l,uuo on September 1 or
each of the years 1912. 1013 and I9l4.
6,000 6!i Center Street improvement bonds, maturing $600 yearly o« September 1 from 1005 to 1914, Inclusive.
16,500 6«
Both Issues are In denomination of $500, dated Sept. 1, 1904,
laterest semi-annually at the office of the City Treasurer.
Franklin, Ind.— Bond SaZe.— The $9,000 S}4i coupon
achoi 1 repair bonds offered on August 9 have been awarded
Co. of Indianapolis at 99 166. Following
to E. D. Bush
are the bids
D. Ba»b & Co., Indian'lli. .|8,eS6 00 |J. T. Wild & Co., lDd'ap*Uf,. .f ?.SSO
&
.
.
M
:
Aug.
—
——
—
—
THE CHRONICLE.
20, 1904.
749
Gadsden, Ala.— J^ond 0/«rt«gf.— Proposals will be received
Clark, City Clerk, for $25 000
until 13 M., Aog. 25, by C.
Authority, vote 146 to 78,
6ji gold conpn city-h»ll bonds.
DenominatioD, |1,COO. Intat election held July 29, 1904.
erest, St mi SDnually at any banking house that may be
designated by purchaeer. Maturity, 30 yearp. Bonds are
exfmpt from Slate, county and municipal taxation.
Oaleton, Pa.— Bond Sale— This borough sold last month
Co., Cleveland, an issue of |8,000 4J^?
to Lamprecht Bros.
bridge bonds at par and expensf s of issue. Denomination
Maturity, $l,noo
Intel 68^, February and August.
$1,000.
yearly from 1908 to 1911, inclusive, and from 1931 to 1934,
Henry tonuty (P. 0. Waptleon), Ohio.— Bond OSerivg.—
Proposals will be received until 1 p. m,, Sept. 10, by F. J.
Beck, County Auditor, for $4,000 4%% coupon Washington
Township road-improvfment bonde. Denomination, $500.
Date, Oct. 1, 1804. Interest, semi-annual. Maturity, $500
HHch six months from April 1, 1905, to Oct. 1, 1908. inclusive.
Draft or check for $500, certified by either the First National
Bank or the Citizeiib' Bank of Napoleon, rt qulrtd.
Homestead (Pa.) School District.- Bond Sa/e.— On August 15 the $28,000 4% coupon bonds described in V. 79, p. 644,
were awarded to the Colonial Trust Co. of Pittsburgh at
100 755 and interest. No other bids were received above par
inclusive.
and
Oardner, JUAB'S.— Note Sale.— On August 13 the $25,000 4?
school-house notes described in V. 79, p. 644, were awarded
to the Gardner Savings Bank at 103*25 and interest. Follow-
Hondo (Texas) IndepoEdent School District.- jDescrrjotion of Bonds.- The $8,000 coupon school-house bonds voted
D
&
ing are the bide
Gardner Say. Bank, Gardner. ..10325
Blocmet, Merrill* Co.. Uoston. 10:-i"22
103059
B. h. Day A Co., Boston.
I
W.
S.
J.
Hayei & Song, Cleveland. 102-04
A. Kean, Chicago
lorio
|
Gllmore * ity (Iowa) Independent School District.— Bond
5-20 year (optional) school bonds offered
Sale.— The $9,f00
but not sold on July 1 were awarded on August 8 to thtFirst National Bank of Camden, N. Y., at par. See V. 78,
p. 2456, for description of bonds.
GleoTiUe, Ohio. -Bonds Authorized.— The City Council,
at a meeting held August 1, authorized the issuance of $10,Denom000 6% conpon Brighton Road improvement bonds
ination, 11,000. Date, Sept. ) 1904. Interest annually at the
Maturity, Sept. 1, 19 14.
oflSce of the City Treasurer.
GrandTlew 8cliooi District, Spencer Conaty, Ind.— JBond
Sale.— Oo Aupust. 13 the $4,000 5% school- house-addition bonds
described in V. 79, p. 694, were awarded to the Grandview
Bank at 104 375. Following are the bids
H
,
:
GrandTlew Bank, Grandview. $4,178 00
Dale Bank. Dale
B.M. Campbell * To..
4.120 OO
Ind'llB... 4.115 00
Farmers' Back, Rockport
4,11000
1
I
1
A. Kean. Chlcasro
Rock port Bank, Rockport
$4,090 00
S.
....
4,08000
WeU, Rotb * Co., Cincinnati.. 4.07160
I
Granger (luwa) School District— Bond jE^ZecMon.— As
stated in V. 79, p. 170, an election will be held in this district to vote on the question of issuing $6,000 school-building
bonds. These bonds, we are now advised, will, if authorized,
carry 5i interest and will mature in tea years, subject to call
after three years.
Great Falls, Mont.— Bond Ifsue Not a New One.— It has
been stated in some of the papers that this city recently
awarded to the State of Montana an issue of $30,000 refunding bonds. This issue, it should be stated, is not a new one
but part of the $141,000 4% 10-20-year (optional) refunding
bonds awarded on July 27, 190S, to the Board of State Land
Commissioners.
These bonds were not delivered to the
State in one lump sum, bat are being turned over in varying
amounts from time to time. Up to date $105,000 of th«B&xne have betn so delivered and the remaining $86,000 will
be taken up as soon as the State has the funds on hand
to do so, probably some time in December. The award of
these bonds to the State was recorded in the Chronicle
Aug. 8, 1903.
Greensbnrg (Pa.) School District.— Bond Sale.— On August 4 the 144,000 4% 10-80-year (optional) coupon building
bonds described in V. 79, p. 238, were awarded to W. J.
Hayes & Sons, Cleveland, at 100 015.
Greenville, Hnnt Vonhij,TeTSi8.— Bondt Registered.— Oa
August 12 the State Comptroller registered an issue of $16,OfO 5% school-house bonds dated Aug. 1, 1904. Securities
will mature in 40 years, optional $500 yearly for ten years,
after which all bones will be subject to call.
Groton, Conn. Purchase of Water Plant. A dispatch
from the borough of Groton to the Boston "Transcript" says:
—
The boroneh of Oroton has votert to parotaase the propertlps and
franohlseB owned by the Groton Ssouritles Company, which Is the
holding corporation of the Groton Water Company and the Groton
Electric Ll^ht Company. The purchase price Is $20,000 for the electric-lighting plant and |l0ft,000 for the water plant. A mortg»Ke of
$76,000 on the properties will be aasamed by the borough. Bonds
will be Issued by the borough to cover the purchase price of the plants.
interest.
July 5 will carry 4% interest, payable anDenually in April at Hondo, Austin or in New York City.
nomination, $500. Date, Aug. 1, 1904. Maturity, 40 years,
8u^j>-ct to call after 5 years. The district has no debt at
present. Assessed valuation 1904, $390,010.
Horseheuds, Chemang Coonty, N. Y»—Bond Offering.
The Village Trustees will sell at public auction at 10 a. m.
Denominations,
August 25 $46,500 water works bonds.
Date, Aug. 1, 1904. Interest (rate to be
fl,( 00 and $550.
'lamcd in bids) annually at the Chemung Valley Bank of
Horseheads. Maturity, $1,550 yearly for thirty years. Persons desiring to bid on these bonds who cannot be present at
the sale in person can arrange with E. M. Meyers, Village
Clerk, to present their bids for them. These are the bonds
awarded on July 80 to Isaac W. Sherrlll of Poughkeepsie,
but that sale fell through for iha reason that the bonds were
advertised as 4 per cents, whereas the law requires the bidder to name rate of interest upon which he bases his bid.
Hadson County (P. 0. Jersey City), N. i.—Bond Offering.
—Proposals will be received until 4 P. m., September 1, by
the Beard of Chosen Freeholders, for |65,000 4% new countyat the election held
—
Denomination,
Date, Sept. 1, 1904.
$1,000.
Maturity, 40 years. Certified check
(or cash) for $1,500, drawn on a national bank or trust company, payable to the order of Stephen M. Egan, County Colbuilding bonds.
Interest, semi-annual.
lector, required.
John P. Egan
is
County Clerk.
notice of this bond offering will be found among
the advertisements elsewhere in this Department.
The
official
Jefferson Connty, Tex. Bonds Authorized.— The County
Commissioners on August 10 voted to Issue $125,0l0 4;e 40-
year road improvement bonds.
ienej Citji if. 3.— Loan Authorized. The Board of Finance on August 10 authorized a loan of $200,000 in anticipation of the collection of nnpaid taxes for the years 1900,
Loan will carry 4% interest and will be
1901, 1902 and 1908.
payable on demand.
Joliet, 111.— Bonds Proposed.— The City Attorney has been
instructed by the City Council to prepare an ordinance providing for the refunding of $58,800 permanent-improvement
bonds which will become due Oct, 10, 1904.
JoplJn, M.O.— Bonds Fofed.— This city on August 6, by a
vote of 859 to 147, authorized the issuance of $30,000 lightriant- improvement bonds. This same proposition failed when
first submitted to a vote at the election held June 6.
Kelsey, 8t. Louis County, Minn. Bond Offering.— 'Pro^^osals will be received until 2 p. M
September 7, by J. D.
Post, Town Clerk, for $2,000 road bonds at not exceeding 6%
Interest.
Authority, Chapter 36, Laws of 1903, and also
election held Aug. 10, 1904
Denominations, $50, $100 and
Interest, March 1 and S-'piember 1
$800, to sjit purchaser.
at the First National Bank of Duluth. Maturity, $200 yearly
on July 1 from 1910 to 1919, inclusive.
Kenosha, Wis.— Bond Election.— The question of issuing
from $')0,000 to $75,000 eetver bonds will, it is stated, be snbmitted to a vote of tbe people in the near future.
Bonda Proposed. — The issrrance of $25,000 building bond«
Is being considered.
Kern, Cal. Bonds Not Sold.— No bids were received August 1 for $10,000 4% bonds offered by this town. Securities
will probably be re- advertised in the near future.
—
,
Hallo(k Indfpendent School District No. 1, Kittson
County, Minn.— /3«na Sa/e.— The $7,000 15 vear refunding
bonds tfft-red on August 1 were awarded to F. E. Magrau of
St. Paul at 10(i'428 for i}4 per cents.
Keystone (Town), Polk County, Minn.- Bond Sale.-The
flannibul (Mo. ) Schoui District.— Bond Sate.— We are ad- $2 100 15-year bonds offered by this town on July 19 have
vised that tbe $15,000 North School annex bonds recently bt-en awarded to the Vermont Loan & Trust Co. ol Grand
voted have been sold to one of the local banks.
Forks, N. Dak., at par for 6 per cents. See V. 79, p. 170, for
Harper, Kan.— Bonds Fo<ed.— This city on July 35 voted description of bonds.
to issue $8,000 electric-light-plant bonds. No date has yet
KIsslmmee City, Fla.— Bond Sale.- On Aug. 16 the $7,000
been set for the sale of these bonds.
gold electric-light bonds described in V. 79, p. 644, were
Harrison, N. J.— Bond* Authorieed,— The Issuance of awarded to the State Bank of Klssimmee at par for 6 per
$250,000 bonds has been authorized to meet expenses of street cents. This was the only bid received.
improvements and to pay off outstanding indebtedness.
Knox County (P. 0. Ylncennes). Ind.— Bond Oir^Hnflf.Harvey, N. Dali. —Borids Fofed.— This place has anthorlzad Proposals will be received until 1 P. M., SeptfJiber 24, by J.
the issuance of t>onds for a water- works and sewerage system D Williams, County Auditor, for $16,000 4]4i bridge bonds.
Denomination, $625. Interest, June 1 and Dfcember 1 at the
by a vote of 87 to 13.
Have? hill, Mass. Temporary Loan.— Thla city has bor- Banover National Bank, New York City. Maturity, $1,876
rowed $33,000 Irom Loriug, Tolman & Tupper of Boston at yearly on December 1 from 1906 to 1912. inclusive.
d'Sl% d'saount.
Loan matures Jan. 16, 1906.
Konihichiiig, Minn.— Bond ,Sa/«.— We arn Hdvised that
Henderson, Tance tjonnty, N. (3. Bond O^ering, — Pro- the $6,0 10
bonds offered on July 30 have been sold to the
gosals will be received until 4 p.m., September 6, by tbe First 8 ate Bank of International Falls.
La Grange Connty, Ind.— Bond Sale— An August 15
;card of Internal Improvements, Henry T. Powell, Secretary, for $15,000 sewer and street-improvement bonds, the $3,897 27 6« ditch bonde were awarded to Sol Roseof LHQraDge
same being tbe unsold portion of an issue of $40,000. Seen «nd G. W. Shtfftr of Stursis, Mich., for $4.(i64 13 DenomDa'o. Aug.
natlons, seven of $500 each and ore for $997 27.
rities offered will mature $10,000 in 15 years and $5,000 In
Maturity,
ten years. Bids are asked for bonds bearing 4i, 4%% or 6% '6, 1904. Interest, February 1 and August 1.
interest.
$2,000 Aug. 1, 19C6, and $1,897 27 on Aug. 1, 1907.
—
H
—
— ——
—
:
:
THE CHRONICLE.
750
Lawrence, M.asB.— Bond O^ertn^.— Proposals will be received until 12 M., Ang. 25, by Dinlel F. Murray, Uity Treas
urer, for |66,0U0 4^ coupon school bonds. Denomination,
Interpst seml-atinually at the
$1,000. Date, Aug. 1, 1904.
Eliot NAtional Bank of Boston. Maturity, 12,000 Aug. 1, 1910,
and |7,000 yearly on Ang. 1 from 1911 to 1919, inclusive.
Leipsic, Ohio. —Bona Sale.— On August 8 this village
awarded to the Bank ol Leipsic an iaeue of |4,240 6^ building bonds. Denomination, $1,000, except one bond for |240.
Date, June 1, 1904. Interest, semi-annual. Maturity, $i,0(iO
yearly on June 1 from 1905 to 1908, inclusive, and $240 Jan»
These are the same bonds awarded on May 25 to the
1, 1909.
First National Bank of Leipaic, but that sale was uever consummnted, owing to the fact that the issue was not then
prop-rly advertised,
Lexington, N. C.—Bida Rejected.— AM bids received August 1 for the 160,000 5;^ 40 year street-improvement, waterworks and electric-light -plant bonds described in V. 78, p.
I
Vol. Lxxix.
—
Medina, Ohio. Bond Offerinq. Proposals will be received
Ang. 22, by O. O. Van Deueen, Village Clerk, for
the followirg bonds
until 12 M.,
:
coupon West Liberty Street asseiHment bonds. D<>non)lnatloii<
•E88 i!l. Date. June '5. 1904. Interest, annual. Maturity, one bond
yesriy on PVb.
from IH07 to 1916. inclusive.
4,600 00 6% coupon West Liberty Street improvement bonds (city's proportion). Deuumlnailon. |50(i. Date, July 16. 19i 1. Interest. Feb. 16
and Auk. 16. Maturity, $500 yearly on Feb. 15 from 1909 to 1917, In-
$5,882 17 b%
l.")
clusive.
Accrued mterest to be paid by purchaser. Certified check
for 6% of the amount of bonds bid for, payable to the Treasurer of the VilJat-'eof Medina, required.
Mercer Connty (P. 0. Cellna), Ohio.— Bond Sate— On
August 13 the (4'J,000 5^ bridge bonds described in V. 79, p.
621, were awarded to W. J. Hayes & Sons, Cleveland, at
109'262,
H
Middletown, Ohio.— Bond Sale.— Oa August 5 $4,000
Main Street pavlDg bonds were awarded to the MHrchantB*
National Bttnk of Middletown at 100'401. Denomb aCion,
2455, were r«^jected.
Date, Aug. 1, 1904. Interest semi-annu-illy at the Na$500.
Lisbon, Ohio. Bond Offering. — Proposals will be received tional Park B-ink. New York City. Maturity, $500 yearly on
until 12 M., September 1, by Lodge Riddle. Village Clerk, for August 1 from 1905 to 1912, inclusive.
coupon street- paving bonds. Date, Sept. 1, 1904.
$2,300
Milford Ohio.— Bonds Authorized. — The Village Council
Denominations, two for $1,000, one for $800
Interest annu- on Ang. 2 authorized the issuance of $1,000 i% water-works1--%
ally at the office of the Village Treasurer.
Maturity, $300 in
two years, $1,000 in three years and $1,000 in four years.
Parchaser must pay accrued interest.
certified check for
lOiJ of the amount bid, payable to the Village Treasurer, required. This offering is in addition to the $6 4<i0 6;? bonds
mentioned in Inst week's Chronicle on page 694, the sale of
which will also take place on September 1.
Bond Offering, Proposals will be received until 12 m.,
September i6, by Lodge Riddle, Village Clerk, for $4,000 5%
2-5 year (serial) waterworks bonds.
Date, Sept. 16, 1904
Denomination, $1,000. Intereat annually at the office of the
Village Treasurer. Purchaser must pay accrued interest.
certified cheek for 10% of the amount bid, payable to the Village Treasurer, rf quired.
A
—
A
(F. 0. Bellefontaine), Ohio. Bond Sale.—
15 the $16,000 5% ditch bonds described in V. 79,
Suvings Bank
p. 694, ivere awarded to tbe Commercial
Co of Bellefontaine at 100'662. Followins are the bids :
Commercial & Savings Bank
S. A. Kean, Chioafro....
$16,610 00
Logan ionnty
On August
&
I
Co., Bellefontaine
$16,106 001
Looe Kock (Iowa) School District.— JBond* Fofed.— This
district, it is stated,
has voted to issue $6,000 school-house
bonds.
Lnrain, Ohio,— Bond Sale.— On August 2 the following
were awarded to Well, Roth & Co. of CiU' innati
issues
$20,000 4]^t coupon water-works-improvement bonds. Denomination, $1,000.
Date. May 1 1904. Maturity, Nov. 1. 1917. Price paid, $a0,ii60.
12,000 6^ coapo' sewer bonds. Denomination, $500. Date. July Ifi. 1904. Maturity, $1,000 on March 16 a>d *1,60U on Sept. 15 of each year from
March lo, 1905, to March 15. 1809, and $l,0u0 Sept. 15. 1909. Price
paid, »12,010.
14,000 i}i% coupon Black Kiver improvement bonds. DenomlnaHon. $1,000.
Date, May 1, 1901. Maturity, Nov. 1, 1917. Price paid, $14.0ia.
Interest on all the above issues will be payat)ie semi-annually on March 15 and September 15 at the Chase National
Bank. New York City.
Lucas County (P. 0. Toledo), Ohio.— JBond Offering.—
Proposals will be received until 10 a. m., Sept. 8, by David
T. Davies Jr., County Auditor, for $6,000 fi% 1 10 year (serial)
gravel road bonds.
Denomination, $600.
Interest, semiannually at the office of the County Treasurer. Certified
check for $300 on a Toledo bank required with bids. Purchaser to pay accrued interest.
—
LndingtOD, M.icb.— Description of Bonds. W^e are informed that the $50,000 park bonds recently voted will be
issued in denomination of |1,000, dated Ju'y i, 1904. Inter-
H, payable at the office of the City Treasurer. Maturity,
$2,000 yearly, beginning March, 1910. Total debt, including
this issue, $268,564 33. Assessed valuation, $2,656,705. S. G.
Martin is City Clerk.
est,
—
Lnmberton, Miss. Bonds Authorized. The Mayor and
the Board of Aldermen have decided to advertise for sale
$25,000 bonds for a water-works system.
LflTorue, Ala.— Bond Saie.— This town has awarded to J.
>lmes & Co. of Chicago at par less $300 for expenses the
M.
$10,000 5% 10 20-year (optional) electric-Ught and water bonds
offered on August 1. See V. 79, p. 228, for description of
bonds.
H
—
MoDnnongh, Ga.— Bonds Authorized by Legislature. The
town to issue bonds
State Lpgisldture has authorized this
for school purpospp.
—
Bonds Authorized.— The City Council on
passed an ordinance providing for the issuance of
$10,000 5^ smallpox epidemic bonds.
Ddnomination, $500.
Date, June 1, 1904. Interest, semi-annually at the offi e of
the City Treasurer, Ma'urity, $1,000 on Sept. 1, 1904 $2,000
Marion, Ohio
August
1
;
each six months from March 1, 1905, to Sept. 1, 1906, inclusive, and $1,000 March 1, 1907.
No Date Set for Bond 6'aie.— We are advised that no
date has yet been
for the sale of the $54,000 6 per cent
sewage disposal-plant bonds referred to in V. 79, p. 645.
These bonds are the unsold portion of an ispue of $60,0(i0
They are in denomination of $500. Date, April 1, 1904. Interest March and September at tbe office of the Slnbing Fund
Trustees in Marlon. Principal matures $1,5'10 each March and
September until 1924, when the last bond m'itures.
Mayuard, Minn. Bond Sale.— Oa August 4 an issue of
$8,600 b% water-works bonds w»8 awH'd^-d to the BrowneEUinwood Co. of Chicago at 100'153. Denomination, $1,000,
except one bond for $500, Date, April 1, 1904. Interest, anrual. Maturity, April 1, 1924,
t^et
consttuctton-d fioiency bonds.
Minerva, Ohio.— Bond Sate.— On August 16 the $6,700 5<
and the $1,761 SjJ 1-4year (serial) street-improvement bonds describsd in V. 79, p.
284, were awarded to the Security Savings Bank & Trust Co,
Following are the bids
of Toledo at 102 36.
1-10-year (Serial) street-improvement
:
Bidsfor Both Issu's -%S,i6n.
Sec Sav. Bk.& Tr.Co.. Toledo. $8,660 00
8.671 60
A. Kieyooite a. Oo.. cincia
I
I
I
Seasoneood & Mayer. Ctncln.. 8,65t 45
«ew 1st Nat, B'k, Columbus...
Bank of Minerva Co.. Minerva.
tirst Nat. Bauk, Minerva
Hay den. Miller <St Co.. Cleve..
.
8,575
8.560
8,516
8,460
65
58
00
00
I
Bids fnr |6 700 Bond Issue.
Prov. Sav. Bk. 4 Tr. Co.. Cln. $6,888 00
DenlsoD. Prior & Co., Cleveland and Boston
6,868 00
Union Sav. Bk. A Tr.Co., Cln. 8.786 00
.
j
Minneapolis, Minn.— Bond Offering,— Am announced last
week, this city is offering for sale on September 5 $i50 000 4j<
armory bonds. These bonds were fully described on page
694 of last week's Chbonicle, and the official notice of sale
will be found among the advertisements elsewhere in this
Dapartment.
JUinoesni &.— Alabama Bonds Sold,— Oa August 12 the State
Board of lovestment sold to Blodget, Merritt & Co. of Boston the following bonds of the State of Alabama held in the
fund as an investment
Alabama bonds
$502,155 94
54,8111 54
Alabama bonds
10,00192
Alabama bonds
It Is Stated that the proceeds of this sale will go towards
the purchase of $700,000 capitol-building certificates of indebtedness to be issued by the Capitol Commifsion this fall.
Montgomery, Ala.— Boni Election Proposed.. An ordinance has been introduced in the City Council providing for
an election September 5 to vote on the question of issuing
$40,000 bonds to build a subway for an underground wire
system.
$404,000 E? State of
64,000 t% Htate of
16,000 4% State of
—
Muntreal, Qaebec— Bond 0^«ringr.— Proposals will be received until b p. M., August 26, by the City Clerk, for $700,000 i% gold redemption bonds. Denominations, $100 to $2,000.
Date, May 1, 1904. Interest semi-annually In Montreal, London or New York. Maturity, May 1, 1944. Bonds are exempt
from all taxes. Bonded debt Dec. 31, 1903, $27,000,000. Assessed valuation, $160,000,000.
Monnt Vernon, Ohio.— Bond Sate.— On Aug. 15 the $2,500
Q% dvke bonds described in V. 79, p. 285, were awarded to
the First National Bank of Mount Vernon at 10480 and inFollowing are the bids
terest.
:
SeasonKOOd k Mayer. Cinoln.. $2,662 60
Lamprecbt Bros, & Co., Cleve. 2.6:29 Oo
2,i02 50
S. A, Kean, Chicago
First Nat. Bank, Mt. Vernon. $2,630 00
Farmers' & Mer hants' Nat.
2.60150
Btnk. Mt. Vernon
A. Kleybolte * Co.. Cincin .... 2,876 00
Mount Yernou (lU.) High School District.- Bond Sale.—
This district recently sold to Mason, Lewis & Co. of Chicago
an issue of $25,000 5^ school bonds at 107. Denomination,
Date, July 1. 1904, Interest annually at the Fort
$500.
Dearborn National Bank of Chicago. Maturity, $3,500 yearly
on July 1 from 1909 to 1918, inclusive. These bonds have
already been placed by the Chicago firm purchasing the same.
Napa, C»L- Bond Election Proposed.— It is ptated that this
city will probably vote on the question of issuing bonds for
tbe construction of a water system.
Napoleon, Ohio.— Bond Sate.— On August 17 the $80,000
il^% coupon electric-light and water-worKs debt-extension
bonds d- scribed in V. 79, p. 645, were awarded to the Provident Savings Bank & Trust Co. of Cincinnati at 106 15 and
FoHowing are the bids :
interest,
Prov. Sav. B'k& Tr.Co.. Cln $21,230 00 8. Kuhn & Sons. Cincinnati.. .$20,800 00
W.K.Todd * CcClnclnnutt.. 21.050 00 Sec. Sav. B'k& Tr.Co.,Toledo ZO.'bO 00
Seasongood * Mayer, "'li.cln. 21.026 76 vv. J. Uaves * Sons. Cleve .. 20.616 00
Weil. Both A.CO.. Cincinnati. 20,815 00 New IstNat. B'k, Columbus. 2u.S70 0o
Nauhville, Teuu.— Bond .fi^^ec^ion.- Tne City Council has
decided to submit the proposition to issue $3ii0,000 Peabody
College for Teachers bonds to the voters at the general election next November.
Bond Election.— An
Negnaiive. Marqaette Connty, Mich.
election will be neld August 23 to vote oa tae question of
issumg $i5,(i00 10-year general-purpose bonds at not exceederest.
ing f)^
NelsonTille, Ohio.- Bond O^ertnflf.— Proposals will be received until 12 M Augast 29, by John L*x, City Auditor,
D^nomifor $3,315 87 5% coupon street-improvement bonds.
^ nation, $165 79.
Date, Sept. 1, 1904. Interest payable at the
I
I
1
|
—
m
,
— ——— —
Auo.
————
—
THE CHRONICLE.
20, 1904.]
office of the City Treasurer.
Maturi
ty,
one bond each six
751
—
Pittsburgh, Pa. Bond Ordinance. An ordinance passed
Common Council on August 15 providing for the issuance of the $5,000,000 flltrafeion-planfc bonds voted at the
election held July 12. Under the ordinance as introduced on
August 3, the bonds are to answer to the following descripDenomination, $100 or multiples. Date, Oct. 1, 1904.
tion
Interest, i%, payable semi-annually at a trust company in
the city of Pittsburgh to be designated later. Maturity, onesixth of issue on October 1 of the years 1909, 1914, 1919, 1924,
the
months.
Bonds Authorized by
Newnan, Ga.
Legislature.— The
State Leaislature has passed a bill antborizing this city to
issue bonds for electric-lighting purposes. The bill has been
signed by the Governor.
New Orleans, ha.— Description of Bonds.— The $2,000,000
bonds authorized by the State Legislature of 1904 for the
purpose of improving the facilities of the port are to carry
5% interest, payable semi- annually in New Orleans. Denominations, fourteen hundred and fifty bondgof $1,000 each and
eleven hundred bonds of $500 each. Date, Sept. 1, 1904,
Maturity, $250,000 Sept. 1, 1914; $750,000 Sept. 1, 19^4, and
The Board of Commissioners of the
$1,000,000 Sept. 1, 1934.
Port of New Orleans has not yet decided when to offer these
bonds for sale.
Norfolk, Ya.— Bonds Authorized. The City Council has
authorized the issuance of $165,000 water-main bonds.
Norwalk, Conn. Bonds Not Yet Sold, No sale has yet
been made of the $34,000 dl4% water bonds mentioned in the
—
—
:
1929 and 1934.
Point Pleasant, W. ya.—Bond Offering.— Fropos&la will
be received until 12 M., September 10, by the Town Council,
for $15,000 4^ coupon street-paving and "improvement bonds.
Denomination, ?5'10. Date, Sept, 1, 1904. Interest, annually
at the Merchants' National Bank of Point Pleasant. MaturBonded debt, not including this issue, $30,000;
ity, 1938,
Assessed valuation, 1904, $952,000. H.
floating debt, $1,500.
R
Howard
is
Mayor.
Poynette, Wis.— Bonds Foied.— This village, it is stated,
has voted to issue $10,000 water-works bonds.
Pueblo, Colo.— Bonds Not to be Issued at Present.— We
are advised that the $175,000 •' Public Park Improvement
District No. 1 " bonds described in V. 78, p. 2402, will not be
issued at present, for the reason that condemnation proceedings have been found necessary in order to secure the prop-
Chronicle May 28, 1904.
Nonfood, Ohio. Bond Offering.— ProposAU will be received until 12 M September 12, by W. E. Wichgar, City
Auditor, for $15,000 4^% 20-year bonds for the purpose of
procuring by purchase or condemnation land necessary for
Denominations, fifty of $100 each and erty desired.
street purposes.
twenty of $500 each. Date, August 1, 1904. Interest, semiPueblo County, Colo.
,
Authority, Section 2835, Revised Statutes of Ohio.
Certified check for 5% of bonds, payable to the City Treas-
annual.
urer, required.
Oak Harbor, Ottawa County, Ohio.— Bonds Not Sold.— We
are informed that the $5,000 5% Main Street bonds offered on
August 8 were not sold. See V. 79, p. 645, for description of
bonds.
Oakland, Neb.— Bonds 12e-uo<ed.— Owing to the fact that
the notice calling the eleotion June 21 to vote on the issuance
of $7,000 lighting-plant bonds was not properly advertisea, a
second election was held early this month and the issue again
voted by 19 majority.
are adOconee County, S.
Description of Bonds.
vised that the $45,000 5% refunding bonds awarded early in
July to the Rooinson-Humphrey Co. of Atlanta, as stated in
v. 79, p. 521, are in denomination of $500, dated July 1, 1904.
Interest, semi-annual.
Maturity, $15,000 in ten, $15,000 in
twenty and $15,000 in thirty years. The price paid was
—We
C
$45,850.
Orchard Mesa Irrigation District, Colo.— Bonds Not Yet
Sold.
are informed that no sale has yet been made of
tne $175,000 e% irrigation bonds offered on July 20. See V.
79, p. 119, for description of securities.
Osseo, Wis.— Bond OJferingr,— Proposals will be received
nntil September 8, by J. W. Smith, Village Clerk, for $5,500
5% city-hall bonds. Dencmination, $500. Maturity, $1,000
yearly on February 1 from 1906 to 1910, inclusive, and $500
— We
We
Bond Election,—
are advised
that the question of issuing the $198 000 bonds to take up
outstanding floating indebtedness, mention of wbich was
made in the Chronicle July 16, must first be acted upon by
the people before the bonds can be floated.
Putnam County, Ind,— Bond Sale.— On July 21 E. D. Bush
Co. of Indianapolis purchased at par $3,3C0 43^? Cloverdale
Township gravel-road bonds and $5,000 43^% Washington
Township gravel-road bonds. This sale was inadvertently
reported in last week's Chronicle under the caption of Putnam County, Ohio.
Qnitman County (P. 0. Bel en), Miss.— Description of
Bonds.— The $2f',000 bridge bonds, awarded early in the
Co., of Chicago, are in denominamonth to F, R. Fnlton
tion of $500, dated Oct, 1, 1904. Interest, i^i. payable annually on Oct. 1. Maturity, 25 years. See V, 79, p. 695,
Baeine, Wis.- Bond Sale.— On August 11 the $50,000 i%
street-improvement bonds described in V. 79, p. 645, were
Savings Bank of Racine at
awarded to the Commercial
101-92
Following are t^e bids :
$f0,980 00 W, J. Hayes & Sons. 01 ere.. $50,885 00
Commercial & 8av. Bank
M,950 00 N. W. Halsey & Co., Chic
60.850 00
First Nat. Bank. Racine
R.Kleybo]te & Co., Chicago. 60,910 00 John O'Brien & Co., Boston. 50,700 00
We are inBavenna, Ohio. No Action on Bond Issue
formed that no action has yet been taken in the matter of
issuing the $40,000 trunk-sewer bonds voted at the election
held June 18.
Bay County, Mo. Bonds Registered.— The State Auditor
on Aug. 15 registered $12,000 5% jail bonds of this county.
&
&
&
—
on Feb. 1, 1911.
Denomination, $500.
Ottawa, Out.— Debentures Not Sold.— The six issues of S%i
Beading, Pa. Bond Litigation.— A suit has be^n instiand 4% debentures, aggregating $829,972 84, offered on Aug- tuted and will be carried to the State Supreme Court to
ust 11, were not awarded. The bids were as follows
determine the validity of the $545,000 (part of an issue of
$945,000 voted at the election held Feb. 16, 1904,) awarded on
f For 1330,760 i% bonds, due 1918, 1913, 1914, 1981, 1P22 and
1928, 97-01, provided a HO-day option be gianted on re
June 16 to N. W. Harris & Co. of New York City. It seems
Dominion Securities! malnlng 4S6 bonds at same rate
that under the law two loans cannot be voted in any one
Co., Toronto
For *6:si,6t:< U 4? bonds, 96-01 and interest.
For »198,<-<;9 73 8J^% bonds, ^2 for bonds due In 1912. 1913, year, whereas the loan the present year was voted at
1-14. and 89>a tor bonds due <n l»ai, 1922, 1923, 1924.
I
^
the spring election held February 16 and that of a year
^milius
Jarvis & Co., Toronto— For all the bonds, "about" 96.
W. C. Brent Montreal- For $i-2,<i00 4» bonds, 96.
previous on February 17, 1903, there being, therefore, a day
Oity & District savinsrs BauS, Montreal— Kor $16,000 48, 96.
less than the full year required by law before an additional
Rubtnson & Son, St. Johns— For fBl.liOO 48, 97.
We are informed that the 83^« bonds have been withdrawn loan could be authorized.
Bobiuson Township, 111.—Bonds Fofed.— At a special
from the market and that the city desires par for the 4 per
election held August 2 a proposition carried to is^ue $30,000
cents.
See V. 79, p. 229, for description of bonds.
Paris & Danville
Owatoona, Minn. Loan Authori,zed.— The Finance Com- 4% bonds to refund a like amount of
mittee of the City Council has been authorized to borrow Railroad bonds Issued in 1834
Round Talley Uuion High School District, Mendveino
$1,600 in aotiulpation of the collection of taxes. Loan will
Connty, Cal.— Bonds Not Yet Sold.— No sale has yet been
mature July 1. 1905
Patoka Township, eibson County, Ind.— Subsidy Elec- -ffected of the $6,000 4J^« bonds offered for sale on July 7.
tion,
An election will be held August 30 to vote on the ques- See V. 78, p. 28 '7, for description of bonds.
Saginaw, Mich. -Bond Sale.— Oa August 16 the $71,000 4«
tion of granting a subsidy to the Evansville Princeton &
20year coupon bridge bonds described in V. 79 p. 646, were
Indianapnlis Traction Co.
Penn ¥an, N. f ,— Bond Election.— A special election has awarded to Estabrook & Co., Boston, at 105'816 and interest,
been called Aug. 30 for the purpose of re-authorizing the issu- Follnwiner ire the bids
Bstabrook & Co., Boston
$76,129 36 W. R.Todd & Co.. C!nclnnatl.$7.<?.600 00
ance of the $85,000 electric-Jight bonds awarded on July 19 to K. D. Shepard
& Co., N. Y.... 74,763 00 Seasongood & Mayer, Cinoln. 73.172 60
Blodset, Merritt & Co., Bost. 74,429 .10 W.J. HHTes A Sons,(;ie»<».. 72,637 00
Rudolph Khypolte & Co. of New York City, but eubsequent- Merrill,
Oldham & Co., Host.. 74.439 30 Second Nat. Bank,8-Bliiaw. 71,176 00
ly refused by them, We are informed that "the Board of K. Kleybolie&Co., Cincln... 78,911 00 S. A. Kean(no check).. Not considered
Trustees have not released the New York firm from their
St. Ignace, Mich —Bonds Fofcd.— This city on Aug 8, by
contract," and also that
should the proposition be rejected, a vote of 255 to 60, authorized the issuance of $15,000 bi 10the Board will at once commence action, being advised by year electric-light -plant bonds. Securities will probably be
counsel that the objection raised would not hold good in the offered for sale about Sept. 1.
courts." Toe special election was called, however, for the
St. Mary's, Ohio,— Bor^d 0;^emjgf.— Proposals will be rereason that "it would be much cheaper and save valuable ceived until 12 M,, Sept. 9, by F. F, Asohbacher, City Auditime." See V. 79, p. 285.
tor, for $8,000 b% coupon deficiency bonds,
Dr-nominition,
:
I
\
I
H
—
.
I
|
I
I
'
Penh Amboy, N. J.— Z)e.ccr?p«on of Bonds.— The $19,000
fire-department bonds, recently awarded to the Perth
boy
Trust Co, at 100'75 are in denomination of .$500 and carry
interest at the rate of 4}4i.
Maturity, 20 years.
Petnloma, Cal.— Bonds Foied.— Tne election on July 25 resulted in Javor of isptjing the $35,000 school-building bonds
referred -o in the Cheonicle July 9,
Pine BInff, Ark. '^oni U^cnn^.— Proposals will be received un'll Aug. 25, by John M. McCain, Chairman, for $80,000 7% 16-year (serial) Sewer District No, 3 Improvement
bonds. Interest, anoual.
Pipyaii (I w«) Sihool District.— Bonds Fo<ed,— This disrict bus voted to issue $2,500 school-building bonds.
Am
—
$500,
D(»te,
and Sept,
Sept.
1,
1904.
Interest stmi-antiualiy
March
Maturity, Sept, 1, 1914, Accrued interest to
be paid by purchaser. Certified check for W% of bonds bid
for, payable to the City Treasurer, required.
Salem, Ohio.— Bond Saie.—Oa Aug. 16 $1,020 6^ sewerCo.,
asses-ment bouds were awarded to Albert Kleybolte
Clnclnrati, at 102-50. Securities are in denomination of $204
Date, Aug. 1. 191)4.
Saiilt Sle Marie, Mieh.- Bond,* Authorized.— The issuance
of $25 000 bonds for general expenses has been authorized by
the City Council.
Sansallto, tal.— Bonds Proposed.— A mass meetirgof citizens was held August 3, at wnlch an opinion was expressed
1
1,
&
—
THE CHRONICLE.
752
I
Vol. Lixn.
in favor nf callicg an election to vote on the qnestioo of isening IBO.GOO bonds for a salt- water syetem for fire and streetsprinkliDi; purposes.
Scra< tun, Pw.— Bond O^^fng.— Proposals will be received
until a p. M., Sr-ptnabr 1, at the oflSce of the City Comptroller, for ihn following bonds
$100,0C0 4% pi lice and fire- bpaaqnarterg bulldiDtr and alarmnTS* em bonds, ma'
tnnnii $4,(i( yearly on July 1 from ii«OB to J92P. Inclavlve.
Se.OCO i» Twei tb and Mnth Sewer District bonds, maturing t2,' 00 yearly on
July 1 from 1005 to 1U2». Inclnslve.
Both istues are in dt-nomination of fl.rOO, dated Jnly 1,
Interest, semi-annnal, The city of Scranton will pay
1904.
all taxes asfeppfd on these bonds by the State of Pecni-ylvania, Secnrities will be certified to as to genuineneps by
the United Statts Mortgage
Trnst Co., New York City,
and tbf-ir leRaltty approved by J. H. Caldwell, E-q.. of the
same ci'y. Either cash or
York draft for |l,(. 00 mnet
at the Chenaical National Bank, New York City. Maturity,
"thirty years from date of issuance, to be red'^emable at the
pleasure of said town after ten years, and at least one- tenth
of said bonds to be redeemable each year after the tenth
year fn
date of iseue in the order of their iseue."
Silver Springs, N. l.—Bond t-'ale.-On Au^nt-t 8 thip village sold ti. Ifcaac W. Sherrill of Poughkeepsie at 100 26 an
issue of $25,000 A% 1-25-year (serial) water bonds, dated
?ept. 1, 1904, Denomination, $i,000. loterest, annual.
Sionx Co., Iowa. Bond Sate. -This county has sold at'par
to Rudolph Klejbolte
Co Cincinnati, an issue of $60,000
4i court-house bonds. Denomination, |1,' 00. Date, May 1,
1904.
Interest, sfmi-annusl.
Maturity, $10, COO in each of
the years 1907, 1908 and 19(9 and $6,000 each year from 19ia
to 1914, inclnsive.
aocompanv proposals
Major of the city.
Sale,
trict
m
:
&
&
New
for each issue.
Alex. T. Connell
^prclttl Hchooi District, Mahoning
— 8eb(lDK
Bond Ojfertr/p.— Proposals will be received
Connty,
is
0.—
2,
Springfield, Mas9.—Timporary Loan.— The City Treasurer on August 18 awarded a temporary loan of $100,000 to
Morgan
Bartlett of New York City at 2 dl^i and a premium of $9 50. Loan matures Nov. 15, 1904. Following are
the bids received :
Morgan A Bartlett (prem.|9 60).2.3"X)( Blake Bros. & Co., Boston
2-96)t
National City Bank, N. Y
2-46%
SprlDgflel'l Safe Deo. A Tr. ۥ
8 00*.
Frank E. Jennlson. New York.. 2-75){
Lortnu. Tolman * Tuoper, Best. 3"00#
BoLd & Goodwin (prem. II)
28b%
JackK'm & Cnrns. Boston
3'9S^
&
I
|
I
BlodKet, Merritt&Co„BoatoiL..2'86!(
Springfield,
NEW
LOANS.
N.
J.,
&
ARMORY BONDS.
By Tirtve of
resolntions of the Board of Chosen
Freeholders of the County of Hudson, State of
Maw Jersey, passed at the meeting held Thursday,
August 4th, liiOt, sea ed bids and proposals will be
recelTed and opened at the meeting of latd Board,
to be held in the Court House, Jeney City, on
18T, 1904,
at 4 o'clock P. M.,
for the tale of S63,000
00 "New County
BnlldlnK Bonds."
Said bonds to be one or more bonds of the County
of Hudson, in denomination of not less than $1,000
emch, to run for a period of forty years, to bear date
September 1st, 1P04, with interest at four per centum
per annnm, payable semi-annually, and to be sold
for not less than par and accrued interest.
Kach proposal or bid mnst be encloted in a sealed
enrelope, endorsed "Proposals for Bonds." and to
be accompanied by acerufled check, enclosed therein, drawn to the order of Stephen M. Bgan, County
Collector, on some National Bank or Trust Company, or cash in the sum of fifteen hundred dollars.
Bidders may bid for the whole or any part ot the
issue.
The Board reserves the
bids
right to
reject
any or
all
be deemed for the best interests of the
if it
Connty so to
NEW
LOANS.
MINNEAPOLIS,MINN.
Fonr Per Cent Bands.
THURSDAY, SEPTEMBER
do.
JOHN
P.
EGAN,
Clerk.
tnst ead
S^OOjOOO
City of Lynchburg, Va.,
REFUNDING BONDS.
Tbe undersigned
will
receive
Trust Co
S'ZSS
on Angus*; Z
Boston an issue of
village
LOANS.
sealed proposals
rntll la (.'clcCK noon, TUf-SDAY, AUOUSI 30lh,
1904, for $20it,0(i0 ibirty year non taxHble Refunding Bonds of the City of Lynchburg, Virginia.
These bonds will be Iseuwd In aenonilnatlons of
$1,000 each, dated tictober Int, IMO*, bearing interest
at the rate of 4^ per annum, payable January and
July, at
he office of the Treasurer of the City of
Lynchburg, Virginia.
The check tor s;% of tbe par value of the bonds bid
for must accompany each bid
said check payable
to the Older oi the Treasurer of the City of Lynchburg, Vlrninia, and cwrtined to by a reHronsible
bank and depO'<ltMd as a cunranty of good faith.
The right Is reserved to reject any and all bids.
'
SCHOOL DISTRICT
Town of West Orange,
OFFICE OF CITY COMPTROLLER.
ESSEX COUNTY,
Minneapolis. Minn., August 1, 190t.
Sealed proposals and popular subscriptions will be
received by the Committee on Ways and Means o*
the City Council of the City of Minneapolis, Minnesota, at the office of the City Comptroller of said
city until 2 o'clock P. M., on Monday, the 5th day of
September, A D 1904. for the whole or any part of
the One Hundred and Fifty Thousand Dollars
($150,000) of municipal bonds of said City of Minn
eapolls authorized to be Issued by the City Council
of said city by resolution pasoed October 9th, 180<.
and approved October
13th, 190a and said
will be sold at said time by said Committee on
bonds
Ways
and Means to the highest responsible bidder or
bidders therefor, and the aotnal residents of Minneapolis shall be preferred to all other persons upon
such sale.
Said boEds will be
in denomination of $50, $100,
$l.ii('0, and will be dated October 1st. 1903,
payable October 1st, 1983. The^e bonds are issued
for the purpose of providing an Armory for the
Minnesota Mational uuard, stationed within ihe
City of Minneapolis, and will b. ar interest at the
rate of four C4) per cent per annum, payable semiannually April 1ft and October Ist of each year,
principal and interest payable at the fiscal agency
of the City of Minnespolls In the City of New
York.
Each proposal or subscription must state the total
amount of bonds bid lor, the denominations thereof,
and the total amount otfered for the same. Including
the premium and accrued interest hereon from
October 1st, 1904, to date of delivery, and each
proposal or subscription must be addressed to the
$500 and
i
Committee on
By order of the Board of Chosen Freeholders.
Bidders will please furnish certified ch ecks,
of cash, if conyenlent.
New England
^iso,ooo
PROPOSALS FOR BONDS.
Hudson County,
I
Neb.— Bond Sale.— This
sold at par to Moore, Baker
Co. of
$8,000 5% water bonds. Denomination, $1,000. Dite, Oct. 15,
1903.
Interest, annually on October 15.
Maturity, Oct. 15,
1923, subject to call after five years.
Spring Grove (P. 0. Spring Forge), York Connty, Pa.—
Bond Sale.-ThiB borough has turned over for sale to the
First National Bank of Spring Grove an issue ot $7,000 4i
coupon sewer bonds. Denomination. $600. Date, July 1,
19 4. Interest, semi-annually at the First National Bank of
Spring Grove. Maturity, July 1, 1934, subject to call on
any interest-paying date after July 1, 1914. These eecuri-,
ties are beirg offered by the bank at 102 and interest, and, w©
are informed, several bonds have been sold at this price.
Wyo—
NEW
Spokane Connty (Wash.) School Difitrlct No. 61.— Bond
On August 6 an issue of $7,000 5}4% bonds of this diswas awarded to the Royal Trufet Co. of Chicago for
$7 050 and accrued interest.
until 12 M.,
of Education for 51,500
by W. M. Jones, Clerk Board
6% building and $1,500 5^ funding and debt-extension bonds.
Denomination, $150. Date, Sept. 1, 1904. Interest, annually
at the oflBce of the Treasurer Board of Education. Maturity,
one bond of each iseue yearly on Sept. 1 from 19C6 to 1915
inclusive.
Accruf-d interest to be paid by purchasers, Certified checbs for 5% of the amount of Ixinda bid for, payable
to the Treasurer of the Sebring Special School District, re
quired.
Staeraden(Pa.) School District.— Bond OjTering.— Proposals will be leceived until 9 p. m., September 1, bv Geo. F.
Smith, Secretary School Board (P. O. Sheridanville), for
$30,0u0 i% school bonds. Denomination, $1,000. Date, Sept. 1,
1904. Interest feml-annnally at the First National Bat k of
Sheraden, Sheridanville. Maturity, Sept. 1, 1934. Bonds
are free from tax. Certified check for |500 requirrd.
Slieridan,
fiond Cj^eringr.— Proposals will be received until 12 m., September 5, by J. F. Hoop, Town Clerk,
for the sale or exchange of $75,000 coupon bonds issued to
take up a like amount of water bonds carrying 6^ interest.
Denomination, $500. Interest, rate to be named in bids, but
leas than 65t, payable semi annually on January 1 and Jaly I
Sept.
,
vVayi- and Means c>ire of Joshua
Rogers, City Comptroller, Minneapolis Minnesota,
marked on envelope fro osal for "Armory Bonds."
Each proposal or subscription must be accompanied
by a cert fled check on a national bank, payable to
C S. Hulbert. City Treasurer, for a sum equal to two
per ceutum of tbe par value of the bonds bid for as
a guaranty.
No proposal or subscription will be entertained
for a sum less than the par value of tbe bonds and
accrued interest to date of delivery of said bonds.
The right to reject any or all bids is hereby
reserved.
Bonds will be delivered to the purchasers thereof
at the office of the City Comptroller, in Mii neapolls,
Minnesota, on <ir her re October 10th, lOot. or at
the office of the United States Mortgage & Trnst
Company,
in
New York
City,
on October
4
I
Aew York
City.
The bon. s will be engraved under the supervision
of and certified as to genuinenesv by tbe UNITED
STATES MORTGAGE & TRUST COMPANY, and
the legality approved by J H. C«ldwell Esq., of
New York City, whose opinion as to legality, or
duplicate there f, will be delivered to the purchaser.
The proceedings reUtive to the ifsue of the Iwnds
have beep approved by the Hon. Robert H. McCarter, Attorney-Generol of the State of New
Jersey.
Mids must be on forms furnished by the board.
A certified check on a national bank r trust
company, payable to tbe order of h rank L. Baldwin.
Clerk, for 2 per cent of the amount of bonds bid
for must accompany each bid
Bids will be opt-ned in a public meeting of the
Board of Education, at the Hiifii School. Oasion
street. West orange, N. J.,ai8:30P.
September6,
19 4.
The right is reserved to reject any or all bids.
For blank form of bid and circular or inrormatlon,
address B'rank L Baldwin, District Clerk, West
Orange. N. J., or United States Mortgage ft Trust
Company, 6S Cedar Street, New York.
O. E. FREEMAN.
N. N. SMITH.
•
M
W.
JAMES U GILLIAM,
J T. COLEMaN,
WM. v. WILSON JR,
Committee on Finance.
AND
\rc:
La Salle
ARK OFFERING
MUNICIPAL BONDS
Oo.,
WHICH WE CAN
Street, Cbicago.
FCf-LY
RECOMMBND
FOR INVESTMENT.
CORPORATIOM
BONDS
Z7Z
GARRISON.
BONDS.
;
HUMICIPAL
P.
,
Finance Committee of the Board of Edmcation,
Town of West Orange, N. J.
17th, 190*,
&
J.,
Sealed proposals will be received by the Clerk of
the Board of Education of the Town of West
Orange, N. J., at West Orange. N. J., until 8 P.M.
SEPTEMBER 6, 1904, for the purchase ef all or
any of $65,000 i% Coupon School Bonds of the
Town ot West Orange, N. J. Bonds to be of the
denomination of $1.00" each, to be dated September
St. 1901, and to mature $&,0<>o in
20 years and
$10,000 annually tbe'eafier for the next five years.
Interest payable spmi annnallv on March Ist and
September 1st. Both priucipal and interest payable
at the United States MortgaKe & Trust Company,
at tbe option of the purchaser.
By order of the Committee on Ways and Means
of the City Cou' cil.
JOSHUA ROGERS, City Comptroller.
MacDonald, McCoy
N.
PER CENT SCHOOL BONDS.
F ARSON,
35
LEAOH &
CO.,
NASSAU STREET, NEW YORK.
CHICAGO.
PHILADELPHIA.
BOSTON.
—
.
::
THE CHRONICLE.
AUfl. 20, 1904.1
Bonded debt, this issoe
Ttdnation 1904 $885,000.
floating debt, $3,650.
;
will mature $3,000 in two, in three, in four and in five years
Bids are asked for at par bast-d on the
after dute of issue.
lowest rate of interest not exceeding 5f at which the bidder
will take the bonds.
Tempe, Ariz.— Bond OJfertwg The City Council is offering for sale the $4,000 Tonto Boad bonds anthoriEdd at the
election hel ' April 30, 1904.
Terrace Park, Oliio,— Bond Offering. -Proposals will be
W. Hidrhlands, Vilreceived until 12 M., September 17. by
lage Clerk, for $1,100 5% 1-10-year (seria') coapon Miami
Avenue improvement bonds. Denomination, $110. Date,
Sept. 1, 1904. Interest semi-annually at the Western Garman Bank of Cincinnati. Accrued interest to be paid by
Assessed
Standlsh ( Mleb.) 8ehool District.—SondA Voted and Sold.
dlsttict on Angnst S voted to issne $7,600 bonds to retire ontstandiDg indebtedness and to bnild a new school
house to cost $8,500, and, we are advised, the bonds have
already been sold to Noble, Moss & Co. of Detroit. This is
the fonrth time this year, it is stated, that a proposition to
issue bonds has been submitted to the voters, the question
—This
—
A
having failed on th(^ three previous occasions.
Stillmore, 6a,— iVb Bond Election.— Vfe are advised by the
CJity Recorder that the reports in Southern papers that an
election would be held in this city to vote on the question of
iBfluing bonds for water-works and school improvements is
purchaser.
Toledo, Ohio.— Bonds Authorized.— An ordinance passed
the City Council on July 25 authorizing tbe issuance of
$' 223 47 i% sewer construction bonds, to be dated July 29,
not correct.
SwiSBvale (Pa.) School District.— Bond Q^eriwgf.- ProSeptember 20, by Dr. W. T Pyle,
Secretary, No. 7479 McCIure Avenue, Swissvale, for $41,000
i% coupon school bonds dated Oct. 1, 1904, and maturing as
posals will be received until
1904.
Bonds Proposed.
&
sessed valuation, $4,859,805.
The
offlcial notice of this
bond offering willbe found among
Department,
Tex.—Bond Sale.~On Aug.
15 the $35,000 5^ oityhall bonds described in V. 79, p. 698 and 646, were awar led
Co., Chicago, at 103.
to N. W. Harris
Taylor,
—The City Council
New
the city.
Tronp County, ( P. 0. La Grange), ^A.—Bond Sale,— Oa
Aug. 15 the $50,000 4% conrc house bonds, described in V.
79, p. 647, were awarded to the Third National Bank of At-
&
Taylor (Pa.) Sbool District— Bond 0#eri«a.— Proposals
Q
will be received until August 31, by Evan
Watkins, Pres
ident,|forr$40,000 4J.i« high-school bonds. Authority, election
D-nomina'ion, $500. Maturity, $20,000 Sept.
July 31, 1904
Bonds are free from tax.
1, 1914, and |2),0C0 Sept. 1. 1920.
Present debt cf district, $3,000. Assessed valuation, $1,047,-
lanta at par-
Troy, Idaho.—Bond Ojfer tngf.— Proposals will be received
B. Fisher, Village Clerk,
. September 6, by R,
until 8 p.
for $4,430 5^ 10-30-year (optional) waterworks bonds. De-
m
nomination,
$f)03.
Wagner, Altkia County, Minn
649.
BOND
LOANS.
#41,000
Pa.,
City
BOND DEPARTMENT.
Monett, Mo.
of
SCHOOL BONDS
Notice is hereby given that $14,800 5^ refunding
water bonds issued by the City of Monett, Mo.,
under date of January let, 1898, (due Jan 1st. 191^,
SwJssvale. Pa., August 8, 1904.
District or the Birougb of Swlgsvale
rectiTe sealed bids until TUESDAY. SEPTEMBER 80, 1904 for $41,000 4% Coupon School Bonds
dated October 1, 1004, and maturing ia series as
follows
optional as to payment since Jan. Ist, lOOn) same
being Nos. 1 to 14 o $1,000 each and No. 15 of $8U0,
and also $4,000 6% city bnll, jail ana water bonds
Issued by said city on June Isr, 1896, (due 19i0,
optional since June Ist, 1901.) the same beinu Nos. 2
to 9 of $500 each a^e hereby called for payment on
the 29th day of August, 1904 and that interest on
said bonds will cease after thai date
The $14,800 refunding water bonds are payable at
Tbe School
•will
1906, SI.OOO
1906. 1.000
1907. 1,000
1006, 1.000
1909, 1,000
1910, 1,000
1911. I.COO
1918, 1,000
1913, $1,000
1914, 1,000
1915, 1,-00
19.6, 1,500
1917, l,5(i0
1918, l,f.00
1919, 1,500
1920, 1,500
1921, $1,500
1922, 1,500
1923, l,fi00
19^4, 1,500
1925, 1,500
1926, 1,500
19 ;7, 1,500
1928, 1,500
1929, $1,500
1930, l,f.00
1931, 1,500
1932, 1,600
1933, 2,000
1934, 2,000
The present indebtedness
of the School District
is $5H,0i0 4)C Coupon School Bonds, maturing; as
follows
1904, $1,000
1910, $2,000
1916, $2,500
1922, $3,50'^
li-ll, 2,600
1905, 2,000
19 7, 3,000
19=!3, 4,0(K)
1906. 1,500
1912, 2,0iMl
191H 3,000
1924, 3,5' '0
1907. 2,000
1913, 2,500
19 9, 3.000
1925, 1,500
1908, 2,000
1914, 2,hO0
1920, 8,500
1909, 2,i00
1915, 3,0
1921, 30U0
the National Bank of rommerce. New York City,
and the $l,00o city hall. Jail and watur bonds are
payable at the National Bank of Commerce, New
York City. Said bonds mar be presented at their
place of payment, or at the banking house of N.
Harris & Co. in the City of Chicago
Dated at Monett, Uo., this i:'th day of August,
P.
Issued bonded indebtedness, including
the above proposed Issue of bonds, will be |97,too,
or 2 per centum of the prenent taxable valuation of
property in the School Dstriot of the Borough of
SwissTale, which ist>.f5M8 5
No bid for leos than pa will be considered.
Address all bids to Dr W. r Pyle, Secretary, 7479
McClure Aven .e, SwiSHVale, Pa.
By order of the Board.
A Ij. lee President.
W. T. PYLE, Secretary.
^30,000
Town
of Emporia, Va.,
WATER AND SEWER BONDS,
H.
Chicago,
Railroad,
Offers
Printed
3$^%
Co.,
30
Congress Street, Boston.
MA8HAD »TKEET, NEW TUKIi.
of Hraporia, Va.. will rerelve
f' r lao.cO" Water and Sewer Bonds, 6% interest,
payable sPtn'-annuflilv.
I'ropoHQls mil be ff reived until noon SKPTEM1st, and bids will be "pei ed in the presence of
the bidders on tbe niK lit of the Ist. Mark all proposals on outs <1«
All InformHtion cheerfully
furnished on application to Tnwn Clerk.
J'
HN
K.
GiIZZARD,
Emporia, Va.
iVIUNICIPAL
AND
Public
Service
F.
R.
FULTON & CO.,
OorporatioD
New
York,
Rudolph Kleybolte& Co.
BANKERS,
DIALERS
IN
MUNICIPAL, RAILROAD and
STREET RAILWAY
Municipal Bonds,
171 LA SALLE STREET,
CHICAGO.
GOLD
2 Wall Street,
HTATE. CITT A RAILROAD BONDS
BKR
CITY
T.W.STEPHENS & CO..
BANKERS
16
upon
TAX-EXEMPT BONDS.
The Town Council
bids
and prices
application.
lists
NEW YORK
Notice is here given to the bolder of Bridge Bond
ouniy, State of
No. 2 ($1,000). issueii by Kent
Texas. August 15th I'^m to surrender said bond
for payment, as Kent Couuty.of the State of Texas,
will no lunger pay interest on taid bond.
J. B. JAY. County Judge.
Kent County, Texas.
Aug. llth. 1904.
&
Municipal and Cor*
poration Bonds, conservatively issued,
KENTCOUNTY,TEX.
Blodget, Merritt
Illinois.
yielding investors 4^ to 5}4%.
ATTAWAY, City Clerk.
BOND CALL.
1
The total
THE AMERICAN TRUST
& SAVINGS BANK,
W
1904.
O^eringr.— Pro-
INVESTMENTS.
CALLS.
BOND CALL.
Borough of Swissvale,
— Bond
posals will be received until 10 a m., September 8 by Haakon
Hille, Town Clerk (P. O. Finlayson), for $2,000 5-8-year
Authority,
(serial) road bonda at not exceeding Q% interest.
Chapter 36, Laws of 1908. Interest, annual.
Tazewell, Ta.—Bond Q^erinflr.- Proposals will be received
at any time by S. D. May, Attorney- at-L aw, Tazewell, for
$12,000 of the $15,000 coupon street and sidewalk improvement bonds voted at the election held July 20. Securities
NEW
has under considera-
tion the question of issuing $500,000 'i% 1-10 year bonds for
the purpose of acqairing real-estate, purchasing right of way
and enlargipg and extending the present water system of the
Denomination, $1,000, loterest, semi aDouilly at the
clfy.
Trust Co.,
York City.
United States Mortgage
Treaton, N. J. Bonds Proposed.— Ab the result of a
conference of city oflSclals held Aug. 12, an ordinance was
recently introduced in the City Council providing for the
issnaoce of $570,000 4% bonds to take up the floating debt of
follows: $1,000 yearly from 1905 to 1914, Inclusive; $1,500
yearly 1915 to 1933, inclusive, and $3,000 in 1933 and in 1934.
Bonded debt of district, including this issue, $97,000, As-
the adxKrtisements elsewhere in this
753
1
BONDS.
NASSAU STREET, NEW
Interest Paid on Daily and
Time
YORK.
Deposits.
EatablUhed 1M8S.
BONDS.
E.
H.ROLLINS & SONS
BOSTON.
OeBTw.
ClUeuKO.
San FraneiBc*.
H. C. Speer
159 La Salle
COUNTY
AND TOWNSHIP
CITY
Company
8c
St.,
Chicago.
BONOS
^*^w.
CLINTON GILBERT,
2 Wall Street,
BANK
it
New
York.
TRUST COMPANY
STOCKS.
:
THE CHRONICLE.
754
Ware, Ma8H.— Town Meeting to AutJiorize Loan.— A spsclal
town meeUng will be held Ang. 25 to anthorize a loan of
|6,000 at not exceeding i}/i% interest to provide ineanB to repair the town hali.
Warren, Pa.— Bond Offering.— Fto-poB&]B will be received
until 12 M,, Sept 3, by T. O. Slater, Chairman Finance ComDenomination,
mittee, for 140.000 i% registered bonds.
D<ite, Sept. 1, 1904,
Interest, eemiannnal. Mitur$1,000.
Bonds are free
ity, 30 years, subject to call af ler 10 years.
of all taze?.
ffenatcbee. Wash.— Bond 8ale.—0a Anguet 9 the $16,000
20-year gold coupon water-extension bonds described in V.
79, p. 524, were awarded to the Board of State Land CommiesioEers at par for i}4 P*''* cents, the right being given the
city to redeem the bonds after five years. Following are the
bids:
Board of state Land Commis-
—^Right giren
>. $16,028
Coffin (for 5»)
*
city to
pay
off
Morris Bros. & CbriBteasen (for
I
'Par
sloners (for 4J^8)
C.H.
'$'6,820
68l
|
I
N.
I
8.
bonds after
W. Harris & Co
A. Kean (for 6b)
Par
(tor Bs)
Par
five years.
J.) School District.— Bond Offering.—
Proposals will be received until 8 P. M. Sept. 8, by Frank L.
West Orange (N.
Baldwin, Clerk Board of Education, for |55,000 4% coupon
school bonds. Denomination, $1,000. Date, Sept. 1, 1904.
Interest, semi-annually at, the United States Mortgage &
Trust Co., New York City, which company will certify as to
the genuineness of the bonds. Maturity, $i,000 in twenty
years and $10,000 yearly for the following five years. The
proceedings relative to the issuance of these bonds have
been approved by Hon. Robert H, MoCarter, State Att;orneyG-eneral, and the legality of the issue has been passed upon
Caldwell, Esq., of New York City. Certified check
by J.
on a national bank or trust company, payable to the order of
Frank L. Baldwin, District Clerk, for 2% of the bonds bid for,
required. Bids must be made on for a s furnished by district.
H
The
of this bond offering will be found among
offlcial notice
the advertiifments elsewhere in this Department.
[Vol. LKXii.
West Wasbinirton, Pa.— Bond SoUe.— On Ang 18 the $50..
ODO 4J^« street- improvfment bonds described in V. 79, p, 647,
were awarded to N.
)lme8
Bone, Pittsborgb, at 10230
and accrued intpreat. Following are the blrtii:
N. Holmes A Sods, Pittsb'K $61.150 00 Lamprecht Bros. ACo., CleT.$61.017 00
W J UaT«»4 Sons. Cieve... 6l,('Hl 00 W. K. ToddiCo., Clncln.... 60.58600
Hayden. Miller & Co., Cleve 61.0;5 00
H
&
i
I
West Washlngt . (Pa ) School Ulstrict. -Bonds Voted.—
The School Board, it Is stated, has voted to issue $20,000 additional pchool-house bonds.
WetuBkiwin, Alberta. N. W. T.— Bonds Not SoW.-Noaale
has yet been made of the $25,000 5% debentures offered on
July
22.
White Biver Township, Gibson Coanty, Ind.— Subsidy
Election.- On Aug. 30 the question of granting a subsidy to
the Evansvilie Princeton & Indianapolis Traction Co. will
be pubiaitted to a vote of the people.
Winfleld. Kan.— ^^ond HaU. Oo Aug 15 this city awarded
to J E. Jdrvls of Winfleld $S9,«i'iO water, $30,000 light and
bonds for $134,751. Denomination. $1,000.
$15,000 gas
Date, about Oct. 1, 1904. Interest, semi-annual. Maturity,
—
H
20 years, subject to call after 10 years
Woodbrldge Township (N. J.) School District— Bond
O^erin.0,— Proposals will be received until 8 p. m., August 25,
by the Board of E lucation, for $3b,000 4* coupon bonds.
Denomination, $1,000. Dite, day of purchase. Interpst, Jan.
16 and July 15 at the R^hway National Bank of R'ihway.
Maturity, $1,000 yearly from 16 to 20 years, $2,000 yearly
from 21 to 35 years and $3 000 in 36 years, all dates inclusive.
Legality of proceedings has been approved by the State AtBonds now outstanding. $38,000. Assessed
torney-General.
valuation, $3,000,000. E. C. Ensign, District Clerk.
Coanty,
Worcester
Mass.— Temporary Loan.
R ibinson
— Fisk &
of Worcester have loaned the county $20,000 at
2'70^ discount in anticipation of the collection of taxes.
Loan matures Oct. 15, 1904, This is said to be the lowest
rate at which the county has ever been able to borrow in anticipation of taxes.
Yonkers, N. \.—Bond Offering. Proposals will be received
until 10:30 A. M,, August 23, by John E. Andrus, Mayor, for
$44,600 4^ deficiency bonds. Authority, Chnprer 406, Laws
of 1904. Date. Aug. 26. 1904. Maturity. $10,000 yearly on
Aoril 1 from 1905 to 1908, inclusive, and $4 600 \pril I, 1909.
—
TRUST COMPANIES.
BOWLING GREEN
TRUST CO.,
26
BROADWAY, NEW YORK.
Capital, 92,50O,0OU 8arpla8,$2,500,000
OFFICERSt
NASSAU STREET
15
TRUSTEES t
Alvin
James H. Hyde,
EQUITABLE BUILDING.
W.
J.
Hubbard,
Briidlsh Jolmson,
L. L. Gillespie,
William Alexander,
Alvln W. Krech,
M. Hartley Dodge,
H. M. Alexander,
8. M. Inutan,
Frederic R. Coudert,
H. H. Porter Jr.
W. H. Crocker,
C. F. Adrms 2na,
John M. naU,
Edward M Housr,
FuUe,
F. "W.
Sec.
D. H. Moffat,
L. Gillespie,
Clarence H. Mackay,
WlUlam H. Baldwin Jr.,
SL wmiam O. Van Home,
Ohaonoey M. Depew,
W. B. RanMne,
Solicits
Geo. H. Squire,
Vice-President.
Gage £. Tarbell,
John F. Dryden,
T. De Witt Ouyler,
Lawrence
James Henry Bmitb
Vice-President.
William H. Molntyre,
T. H.
DIKBCTOK8:
Otto H. Kahn,
James H. Hyde,
H. C. Frick,
O. B. Alexander,
LAW8
W. Alexander,
V. P. Snyder,
O.
and Treas.
Lyman Rhoades
Jr.,
Asst. Secretary,
H. M. Walker,
Asst. Treasorer.
\
Myron T. Herrlok.
Edward T. Jeflery,
Edward R. Ladew,
Charles P. Armstrong,
Prank Bralnard.
Robert C. Clowry,
Edmund C. Conyerse,
Wm.Nolson Cromwell.
GrenviUe M. Dodge,
A. Goei el,
Kdwln Gould,
li^ank Jay Gould.
George J. Gould,
John A. HUton,
William M. Laws,
J. W.Mlddendorf,
William WUlls Merril'.
Winslow
8. Pleroe,
Fiederlok B. Schenck,
William H. Taylor,
Edward R. Thomas,
John P. TruesdeU,
H. F. C. Young.
L, F. Loree.
Deposits
of
individuals and CorporatJons«
Interest on Daily Balances.
CAPITAL, $3,000,000.
PrealdMt
VIce-Prea.
CHAS. P. ARMSTRONG
Sd Vlce-Prea.
JOHN A. HILTON. 3d Vlce-Pres. dt Treaa.
Secretary
WILLIAM M.
TRUSTEES
Krech,
President.
Demlng,
E. H. Harrlman,
H.
EDWIN GOULD
WILLIAM H.TAYLOR....l>t
SURPLUS. ^9,000.000
INVESTMENTS,
INVESTMENTS,
& Burr,
INVESTMENT BONDS
INVESTMENT BONDS.
ENGINEERS.
H. M.
Byllesby
& Co.,
INCORPOKATED.
ENGINEERS.
Perry, Coffin
60 State Street,
SEND FOR
LIST.
DESIGN, CONSTRUCT AND OPERATE
RAILWAY LIGHT, POWER AND
HYDRAULIC PLANTS.
3ENISON, PRIOR & CO
CLEVELAND.
BOSTON.
Examinations and Reports.
BOSTON.
New York
E.
Life Building,
CHICACO,
ILL.
T. B. POTTER,
MUNICIPAL and RnxSHQ
STOCK CERTIFICATES
o\J^U^, BONDS
Also
Handsomely ergraved
MUNICIPAL BONDS.
C. Stanwood & Co. CORPORATION
95
BANKBU8.
Milk Street,
BOSTON.
:
172 Washington Street,
(;HlCAOO,
LIST ON APPL.ICAT10M.
1L.L.&
»toel plate effect.
Ibe cheaoer kind, punlv litbograpbea and partly
printed from type. loO Stock Ce'tiflcates, $3 to
125: the latter ei liraved wuh steel pla e borders
— elegMnt. Seal Press, If with Certiflcates, tl 50.
ALBEET B, KING & CO,, 105 William St., N.Y.
Engravers and Litbographers.
(Telephone.)
@FedFRASER