The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Q u o ta tio n
-S tre e t R a ilw a y S u p p l e m e n t ^
-S u p p le m e n t
I n v e s t o r s S u p p l e m e n t ( q^
S t a t e a n d C it y S u p p l e m e n t ^A nnua$
I E n t e r e d . o o o r u i a i t t o A c t o t C o n g r e s s , l a tiia y e a r 1 3 9 7 , b y t h e W i l l i a m B , P u t
V O L. 6 5 .
n < > « p t * v , ) o t h e otM oo o f t h e L i b r a r i a n o f O o n g ro p p )
S A T U R D A Y , AUGUST 2 1 , 1 8 9 7 .
3?h e
N O . 1 ,6 7 8 .
Wetk ending August 14.
(E d x r c r a itle .
I mm?
P . Gem
<71*0*1*0* C —
U
l*v?.
1886.
T e rm s o f S u b s c r ip tio n — P a y a b le In A d v a n c e :
N ew T o r * .. . . . . .
P h ila d elp h ia . . . .
99M *V m
<07,605.884
F o r O n e Y ea r.................................................................................. f 10 0 0
F o r S ir M on th s..................................... ......................................
0 00
E u ro p e a n S a o w r lp t lo a (in c lu d in g i>o«tag»>..........— ____ 1 2 0 0
E u ro p ea n S u b scr ip tio n Stic Month.* ciBciadtnif p o s t a g e ).
7 00
A n n u a l S u b scrip tion . In L o n d o n (in clu d in g p o s t a g e )___ £ 2 10*.
81a Mo*.
do.
do.
do.
___ £ 1 10a.
t h e L iva sT oas* S crri.B H g s'T w in b e fu rn ish e d K itk ou t ex tra ch a rge
M e v e r y a n n u a l * a h * cr ib e r o f th e C o m c M c i A t , a x d F in a n c ia l
G « B oston ® ,
Pittsburg..***.* Baltim ore... . . . . .
P U B L IS H E D
W EEKLY.
Terms of Advertising—JPer Inch space).
O n e t im e ................................... f 3 SO I T h ree M on th * (13 tim e *)..905 00
O n e M onth
14 t im e s ).. 11 0 0 j S ix M on th *
(2 8
“
13 0 0
T w o M on th s
(8 ** ) . . 18 0 0 ) T w e lv e M on th * 152 “ ) .. 53 0 0
(T h e a b o r e term s f o r o n e m on th en d u p w a rd e r e fo r •te n d in g e erd s.)
L on d on A g e n t s :
M essrs. K o w 4*D* A- SMITH, 1 D ra p e rs' G a rd e n s, E. O -. w ill la k e *nb
e o rtp tlo n s e n d a d v e r tis e m e n ts , e e d su p p ly t in g le c o p ie s o f th e p e p e r
e t l a eeeh,
W IL L IA M
P in e
o f P e a rl S treet,
P o st O m e n B o * 9 5 8 .
NEW
Baffislo.... ......
YO RK .
O LE A R IN G
HOUSE
T h e f o l lo w in g t a b le , m a d e u p b y te le g r a p h , e t c ., in d ic a t e s
t h a t t h e t o t a l b a n k c le a r i n g s o f a ll t h e c l e a r i n g h o u se s
o f t h e U n i t e d S t a t e s f o r t h e w e e k e n d i n g t o - d a y , A u g . 21.
h a v e b e e n $ 1,9 9 1 ,8 4 2 ,2 9 1 a g a i n s t ♦ 1 ,1 7 5 ,8 4 7 ,3 7 9 l a s t w e e k a n d
$ 3 0 6 ,8 9 5 ,0 8 8 t h e c o r r e s p o n d i n g w e e k o f l a s t y e a r .
CUIAKIVO*.
ftetvm * bit ttk ^ m p K
W u k BrtMng J wjmt 21.
1897.
1898.
p#r Om u
Harr York .................... ..........
B osloa
.. — ---------------- Philadelphia
Baltimore:
O h lfix o ............... .................
8 L L o a n ................................
N ew O rle on ,..........................
D sts.aaa.xta
70,152,55*
49,487.000
13,171,521
73,300,013
21,862,580
4.550,8 »
*370,140, I*i3
69,204,089
*5,781,722
9,543,301
80.010,913
17.637,910
5,808.828
+473
+20-5
+8*2
+33*0
+22*2
+24*0
—21*6
Seven cities, $ d a y s . . . . . . .
Ot&ar r'.tle,. 5 i l l y , .................
3783,839,583
127,098,497
$369,077,030
105,943,298
+ 37*9
+20*8
Total *11 Ditto*, S .U r , .. .
A ll citie«. 1 d a y . .................. .
*911,820,080
179,410,211
#075,020,298
130,974,770
+35*1
+ 37*3
T otal »U citliw for week
41,091.212.201
*805,095,008
+35*4
T h e fu ll d e ta ils o f c le a r in g s fo r th e w e e k c o v e r e d b y th e
a b o v e s ta te m e n t w ill be g iv e n n e x t S a tu r d a y .
W e ca n n o t,
o f c o u r s e , fu r n is h th e m t o -d a y , b a n k c le a r in g s b e in g m a d e
u p b y t h e v a r io u s c le a r in g h ou ses a t n o o n o n S a tu r d a y , a n d
h e n c e in t h e a b o v e t h e l a s t t w e n t y - f o u r h o u r s o f t h e w e e k
h a v e t o b e in a ll c a s e s e s t im a t e d , a s w e g o t o p re s s F r id a y n ig h t .
W e p r e s e n t b e lo w o u r u s u a l d e t a ile d fig u r e s f o r t h e p r e
v io u s w e e k , c o v e r i n g t h e r e t u r n s f o r t h e p e r io d e n d in g w it h
S a t u r d a y n o o n , A tt g . 14, a n d t h e r e s u l t s f o r t h e c o r r e s p o n d i n g
week i n 1 8 9 8 , 1895 a n d 1894 a r e a l s o g i v e n . C o n t r a s t e d w i t h
t h e p r e c e d i n g w e e k , t h e r e is a d e c r e a s e m t h e a g g r e g a t e
e x c h a n g e s o f a b o u t e i g h t a n d o> e - h a l f m i l l i o n d o l l a r s ,
b u t a t N e w Y o r k a l o n e t h e g a > n is t w e n t y t w o a n d a q u a r t e r
millions.
In comparison with the week of 1898 the total
f o r t h e w h o l e c o u n t r y s h o w s a n i n c r e a s e o f 4 0 '0 p e r c e n t .
C o m p a r e d w i t h t h e w e e k o f 1895 t h e c u r r e n t r e t u r n s r e c o r d
a g a i n o f 8 0 0 p e r c e n t , a n d t h e e x c e s s o v e r 1894 is 45*9 p e r
c e n t . O u t s i d e o f N e w Y o r k t h e e x c e s s o v e r 1 898 is 17*3 p e r
c e n t . T h e i n c r e a s e o v e r 1 895 r e a c h e s 7*5 p e r c e n t , a n d m a k i n g
c o m p a r i s o n w i t h 1 8 9 4 t h e g a i n ia s e e n t o b e 13*7 p e r c e n t .
8U .1 m
WUmioittotu...*.
B in g h a m to n .. . . .
TOU1 M id d le ..
fl2*6
-r il 2
f l l '5
i
«
7iH ,m
tot m
W & rn m
S cran ton .
00,465.855
aprta«e«id. .......
L I7 nano
New Hay©a. ......
w .) r<M«Ur... *...**.
p » r t s * n d .. . . . . . . . .
Fall H i r e r .. . .. .. ..
L ow ell . . . . . . . . . . . . .
N ew B e d fo r d ......
T o ta l N ew g o * ..
U w a s k e e .....
Colum bus.......
T oledo
Grand R ap id s,..,.
D a y to n ............ «•••••
L exm ston .
S ^ n e w ,.. . . . . . . . . . .
*.«•*
A k r o n ........................
Ray Uttjr.. . . . . . . . . . .
i a n F r a n c is c o ..,,.
Salt L a k e C i t y .....
Portland.. . . . . . . . . .
Lo« Angela*-......
III
272,900
$18600
B o s t o n ...., . . . . . . . .
P ro v id e n ce . . . . . . .
H a r t f o r d ... . . . . . .
Hook f o r d . . . . . . . . . . .
8 prills'field, O h io...
r a o t o o ..,.. •
TouajiN’ owa* . . . . . . .
T ot. Mid. WesUr
RETU RN S.
8.7-9,211
Syracuse*.........
2,a 5j o t
1 M \om .
L M $49
080, iti
m ,m
m \ :w
h
101^43.701
U ,*0t.W 7
10.490,850
*r
7m.67£
5,016 <**
to ! m
7m. I 8
507 8T7
m o <m
*7 1,7 id
m mn
177 m o
iMiJm
153,851
101,907
#7#
m jm W z
15.fd7.782
HIM m
t/ m 57
1.880 -77
T M
I.W5, l ie
1,!W9,*1T5
»,*# 4,923
i52.*3S
iiTC.-ua
S»a.K»
*0.016,0)7
7I.U-546*
1.470 mo
1 rim m o
1.355,409
714.288
583.9JS
2iH 104
no/m
mh h i
207,010
101,181
D e n v e r ,.... . . . . . . . .
9,717 558
S J M im
4.S97.A9I
8 550,027
MSA mm
D a ven p ort...........
BU Joseph . . . . . . . . .
D es M oines.. . . . . . . .
«
M inn eap olis...,....
O m aha..... . . . . . . . .
St, P a t t i............
L in co ln .. . . . . . . . . . .
W l o b t u .. . . . . . . . . . . .
T o p e k a . . . . . . . , , .......
F r e m o n t .,.,.......,
H a stin g s....... .........
T ot. o t h e r W est,
.OMW
M,?2L6i0
St. L o a i s ,.. . . . . . . . .
N ew O r le a n s ,....,..
L o n is r U le ..... . . . . . .
G alveston ................
H o u s t o n ., .. . ., ,, ,. .
S avannah.
« S
*4,478,©®
m
s
l8.M)l,eS(
10,6)0 1(
X.(1)8.3 J
1.33
083,11
»47.(
m SB pg
122 272,415
55,689,841
10 804,979
12,9604'^
8.709.0.
1.303 5
1
1.200,9
510*868,360
71,788,608
4.386,700
•+0 4
1.105 747
1 100,103
1 238 SU
+10 8
+2*2
+ 3 f2
+2* .8
W K 9U
008 510
6 4 ,1 4 8
34 i 440
t jii
—21
53,044,960
+21*5
tilt
t r
+M '
+9
—' 7
T
70,11)8.151
ii.ia s,# .'!
8.4 5.33/
6.951.«W
H
4.HA9.073
83,600,285
13,473.760
0,0 i 5*703
+678,088
2.000.20-
W
MM-116
1.857
1,329 £03
821,443
R
«
732.814
+37*1
317,284
30l,78i
420.464
303.506
£ i
—2*8
308^10
221.725
m),7Q0
-2 3
204,rOd
160,875
148.241
1^.120,755 “ + I r T
120>I0.911
121,8 4,073
18,780.061
1.100,410
+15 1
14 305 949
1,1 0.658
021,114
514 817
+50 5
l*129,i»81
60,000
18.763 351
+18
200,t*W
149.941
163,107
1,280.087
506.0*20
861,602
m jm
—« &
+45 4
+1*4
- 6*2
m
+ 1T4
460 000
340,712
133,703
d i.f *
10,203,906
8,018,592
a
3,101 364
4,070.327
2,476,010
mi
1,067.000
775,001
669,2.1?
320 001
231,60!
m
+14*
+16*0
m
587.665
5.739.825
3-909,305
3,370 h'JO
75,475
10,813,123
075 9 5 1
10,098 352
8,204.20?
5.573.738
qu
m 7m
852.443
S io u x C ity ....... .
*U «
1894.
205,848
175.710
136.731
145,680
*.<
Spokane,A .,, ,,. ,.. .
K ansas C i t y - .. .. .. ,
1005
XTo
ttl
+2T4
T a co m a ........ . . . . . . . .
n * ,m
m . 7ot
F a r g o ,,. . . . . . . . . . . . .
6 tjll
giomx F a ils .........
'~ W l 7 ^
T o ta l P a c if ic ....,
M
+5 2
zjw jm
&60SM
*©O
s .i m j m
+581
4-12‘3
+4*5
—3 1
17.001+53
Rochester.. .......
In dian ap olis **
— O n p a g e 8 1 8 w ill b e f o u n d th e d e t a ile d re tu r n # , b y S ta te s,
o f a ll t h e n a t i o n a l b a n k s , u n d e r t h e C o m p t r o l l e r 's c a l l o f
M a y 14, 1897, k in d ly fu r n is h e d u « b y th e C o m p t r o lle r .
The
r e t u r n s f o r M a r c h 9 , 1 89 1 , w e r e p u b l i s h e d in t h e C h r o n
i c l e o f A p r i l 2 4 , 1 89 7 . p a g e 7 9 3 .
«U>d9.740
W a s h in g t o n ,...
n a il . . . . . .
... n i t . - . . —
© re la n d .... ..
B . D A N A C O M P A N Y , P u b lis h e r * ,
stre e t, C o rn e r
4
s
39 *,831
316.201
326,015
347*017
50,760
69 927
28,835,173
8.703,91 <
2.430,230
1,422,233
089,068
516,142
871 626
803 820
898,384
84.400
50,000
28.144,770
21 213,340
6,316.013
5.66 v i d l
1.644,247
2,050 i-O
O
1.519,928
2.1P8.42I
R ich m on d ..., . . . . .
1,190,085
003.485
M e m p h is ..............
A tla n ta ,......... .
D allas.!...................
N ashville................
N orfolk ..,. , . . . . . . .
W a c o ....,... . . . . . .
Fort W orth......... .
A n«o«ta.........
Blnalturham*..**..,
K n o xv ille..............
Little R o o k ..........
Jacksonville ...
Chattanoosr
T otal Southern,.
804.002
806,34b
381.288
685.* 00
310 009
370,690
285,066
202,681
332,516
M
19«,000
46,080 104
44,800,319
T otal a l l . ... .., .,
Ontside N. York,
904,610,048
805 591,749
400,167)923
383,289,834
M o n tre a l..............
Toronto, . . . . . . . . . . .
11,412.826
9 373.688
759,633
503,030
1*242,759
800,424
506,777
19.170,673
16tl90*gflS
H a lifa x
...........
Wittnipes. . . . . . . . . . .
H a m ilto n ...,.........
S t.J o h n ......... ........
Total Canada.,
fot in clu d ed In totals.
_ .‘l
H 8
-g l* l
+10 9)
4.267,649
f P u blication d lsco n tln n o d lfo r th e present.
298
T H E
C H K O N IC L E .
[V o l . LXV*
der the influence of foreign markets, export houess
being large and apparently eager buyers, the closing
iO
August is of all months the most trying for crops. quotation on that day for cash wheat being 81.C £, for
September 94£ and for December 93J cents; yester
Then it is that drought or excessive moisture, with its
attendant ills, is responsible for more harm to a very day prices for September further advanced to one
promising situation than can happen in any other part dollar a bushel, the close being at 99§ cents, while
of the year. For that reason August is likewise pecu cash wheat sold at 81 06£.
At our Stock Exchange the damage to the wheat
liarly prolific in false or exaggerated crop information.
The gap between extreme promise and wide destruction crop was of course used as a- depressing influence.
is so great that every value is then in suspense; the The condition of that market was likewise favorable
public too, especially speculative circles, knowing the to such a movement. Stocks of all kinds had been
possibility, are in a highly sensitive state, and so alert as advancing rapidly for weeks almost without a set
easily to be influenced by all such rumors, even though back—too rapidly, as many good judges think; of late
some properties of no value and many of very doubtful
the evidence of their truth is quite questionable.
Rumors of the kiud referred to moreover never come value had been included in the rise. The effect of
without au apparent basis, an air of plausibility, which the rumors was consequently both to decrease the vol
often cannot be fully disproved except by time and ume of business and force a decline in prices, though
the actual results.
Such a basis is not difficult to the better. class of stocks have since recovered the
find. It seldom happens that the groundwork for greater portion of their loss. Had the reports been
misinformation is not obtainable. It never fails to wholly credited they would have had a serious and
rain in August in some portion of the spring-wheat continued effect on values of the stocks of the roads
district when the berry is in its most delicate situa in the Northwest, and would have had an unfavorable
tion ; there must always be high temperature or influence on many other systems.
We have cited above only the earliest unfavor
hot winds in that month in parts of one or more
It should be further stated that as
States where corn is just in the milk; there is likewise able reports.
in August always rain and drought in portions of the the week has progressed they have grown much more
cotton-producing section when the plant is full of discouraging in character, some stating that the
bolls, the former followed by an army of caterpillars spring-wheat crop in the Northwest will be the small
and the latter by profuse shedding, &c. Hence it is est for years. These latter find no confirmation what
that by one means or another we scarcely ever get to ever from any trustworthy source. The real truth is
the first of September without having the average that early and very sanguine estimates made the yield
man’ s ideas pretty well confused over some one or this year in Minnesota and the two Dakotas in excess
more crops which turn out abundant after all. But of 1895, when the aggregate for those States was
the Wall Street speculator with his exposed margin (155,902,953 bushels) the largest ever raised. Now, a
cannot wait to disprove rumors which have an air of fair estimate is an amount considerably in excess of the
truth. lie has to act. However he acts, the end is yield of last year (when it was 104,031,012 bushels),
that instead of the gains he had counted on having al but somewhat under 1895. That is all there is in the
ready made when he went to sleep, the morning dis week’s rumors except that, according to present out
closes a big loss. This is what is called shaking out look and on account of the recent rains, the yield in the
the weak holders; and a groat blessing it is to the States named will likely grade lower than the average
young man to be shaken out early who is capable of crop. An offset against a moderate decrease in springlearning by one such experience.
wheat estimates is the fact that winter wheat is turn
We have had something of this kind in operation ing out better than anticipated.
the current week. It was the first story of decided
Money lenders get a little nervous when evidences
crop impairment of the season and as yet has proved are disclosed of excessive speculation and the reckless
not very hurtful to any interest; but we may assume buying of stocks of no value whatever. Such transac
that there are more and worse disclosures under way, tions are indicative of a heat and a tension not by any
for at this period of the year one such statement means conducive to easy money but to discrimination
nearly always means more “ in pickle.” The reports and caution. This may in part account for the dearer
this week were to the detriment of spring wheat and money reported lower down in this article. Then
were based in the first instance chiefly on rains in the again a noticeable fact is that though our banks as a
Red River section of the Northwest, noted in the whole are holding a large surplus reserve and a con
weekly weather bulletins of the Agricultural Depart siderable margin of deposits in excess of loans, a goodly
ment since the first of August. No better section for number of them have been for three weeks very full
effect on the markets could have been selected about of loans.
Moreover about this time the drain
which to start such rumors, for in no other single of currency to the interior begins. That may
district could a real set-back do so much damage: tend to increased conservatism. No one knows
furthermore, to be able to cite a Government how full this movement will be this year.
Some
bulletin as authority is not always the most bankers think it will be small, but others think it will
reliable source of information respecting the crops to be large. Its extent evidently depends irpon the de
appeal to, but is the best source to give credit to the velopment of business at the interior centres. When
rumors among the larger circle not usually well in retail operations become general and active again all
formed. Conditions, too, were ripe for the effective over the country, the surplus currency will soon find
use of the reports.
Speculation in wheat had re work to do, and the drafts, not only from the South
ceived a decided set-back. Values seemed top heavy and West, but from the North and East, on our banks
and had reacted. Perhaps the reports of great dam will quickly make a decided impression upon the re
age had their origin in an effort to arrest the declin serves held at this centre. Until that happens we
ing tendency in wheat; at all events it was arrested, cannot see any good reason for permanently dearer
and on Wednesday a decided rise was established un- money. One feature some observers overlook, and
THE FINANCIAL SITUATION.
A ugust 81, 1897.]
TH E
C H R O N IC L E .
that is that the Government Treasury is putting much
more currency into circulation than it is taking out.
Its disbursements this month up to this date have
been $13,105,000 in excess of income. Until the in
terior demand becomes at least large enough to more
than absorb these outgoes, permanently dearer money
seems unlikely.
How it is possible for any intelligent person to
watch the course of the silver market from day to day
and think that metal still retains the requisites for a
satisfactory currency basis passes our comprehension.
We wrote at length last week about the price of silver
bullion and the old stock as affecting that question, and
refer to the subject again simply because of the later
developments. The lower the value of silver bullion
drops the more convincing the teaching our article at
tempted to enforce becomes. The quotation in London
when we wrote was 25fd. per ounce; later it recovered
to 25Jd.; Tuesday of this week it had dropped to
2 5 1-1fid.; and on Wednesday the market was thoroughly
demoralized, the price quoted being merely nominal at
2d|d. This price makes the bullion in our silver dol
lar worth just a trifle over 40 cents: the other B0cents
is simply fiat obtainable only so long as the Govern
ment has on hand gold enough to keep the silver dol
lar always interchangeable with our gold dollar
through the Treasury gold reserve. Yesterday silver
reacted to 24Ad. That change would leave the bullion
in our silver dollar worth a little more hut still below
41 cents—sty 40-80 cents. An indication of the char
acter of the currency situation in this country if the
gold reserve were all drawn out is seen through the
course of affairs now reported in Mexico. The latest
quotation received this week for gold in the City of
Mexico was 145. No doubt the premium to-day is
higher to meet the lower rate for silver. Stop the
convertibility of the silver dollar iri tho United
States and the bullion broker in New York would ask
not far from 244 cents for gold with silver at 21 Ad.
in London. Moreover there is no reason to suppose
that the lowest price for silver has been touched yet.
Silver bullion will of course fluctuate; hut it must
drop until a figure is reached at which the current
production can be absorbed by the current demand.
Erc-n then the price will he threatened with a further
decline until the poorest countries among those which
have in recent years adopted the gold standard have
marketed their old redeemed currency.
It seems to us that this year’s Convention of the
American Bankers’ Association, held at Detroit, has
brought out a larger number of instructive papers and
addresses than any preceding Convention. Mr. James
H. Eckels, the Comptroller of the Currency, spoke
very interestingly on the question of the Need of Cur
rency Legislation, and his remarks should he carefully
read by those who imagine that the signs of retnruing
prosperity which are now becoming visible remove
the need for legislation to correct the defects of
our currency and banking system.
The paper
which Mr, William C. Cornwell, President of the
City Bank of Buffalo, prepared on the subject
‘ ‘ Would Branch Banks in the United States be Bene
ficial or the Reverse?” will, we are sure, attract wide
attention. And the same may he said of many of the
other papers, covering a wide variety of topics.
Thus Mr. John If. Leathers, of Louisville, Ky., read
a paper entitled: “ la a Credit Bureau, or Bureau of
Information to Prevent Losses from Bad Debts, Feas
ible Among Bankers?” ; Mr. Harvey J. Hollister, of
299
Grand Rapids, Mich., spoke of “ Organized Capital,
its Privileges and its Duties'” ; Mr. E. Gnnby Jordan,
of Columbus, Ga., discussed the question whether
national hanks of less than $50,000 capital would
be beneficial to the country: Mr. Bradford Rhodes,
President, of the Mamaroneck Bank, N. Y ., talked on
the subject, “ Are Clearing Houses for Country
Checks Practicable?” ; Mr. John P. Branch, Pres
ident of the Merchants’ National Bank, Rich
mond, Ya., gave his views as to “ What Leg
islation is Needed in Respect to the Currency” ,
while Mr. Mvron T. Herrick, of Cleveland,
Ohio, had for his theme, “ The Savings Bank."
President Robert J. Lowery, in opening the Convention,
dealt in an interesting way with current events. In a
word, the Convention was an unqualified success.
Mr. Joseph V . Hendrix, President of the National Union
Bank of this city, was elected President of the Asso
ciation to succeed Mr. Lowery, Mr. George H. Rus
sell being elected First Vice-President.
There was one utterance at the Convention which
was strangely out of keeping with the character and
intelligence of the assemblage. Governor PIngree.
of Michigan, in welcoming the delegates, gave expres
sion to some very crude notions. For instance, he
suggested as one method of increasing the stock of the
world’s coined gold that some way be devised to pre
vent the increasing use of gold in the arts, as for examplputting a tax upon manufactured gold, etc. Such a
proposition would have nothing to recommend it even if
the production of gold was not increasing at a very
rapid rate. As it is, we showed last week that the
world’s production of gold for 1897 may very conserv
atively ho estimated at 250 million dollars as against
only #210,000,000 in 1896, while the world’s annual
consumption of the metal is placed at but little over 58
million dollars.
Still less fortunate was Governor
Pingree in his suggestion that stockholders in cor
poration-! should be made personally liable for the
debts of corporations. “ One great cause of com
plaint against many of our private corporations,”
he said, “ is that the laws tempt people to or
ganize them for tho very purpose of escaping respon
sibility for th> debts that are to he contracted.
Many of these debts are, in conscience, individual ob
ligations. They ought to he the same in law. A cor
poration is organized ostensibly so that men who
would otherwise he in partnership can continue busi
ness without its being entangled with the estate of a
deceased partner. But if the business becomes a fail
ure, except as to certain debts the stockholders are
not generally liable to the creditors. Laws of this
kind sap the individual character of our age.” Far
from sapping the character of the age, corporations
must be credited with a large share of its progress
and development. It is true that the corporate form
is preferred for undertakings because under it indi
vidual personal liability is avoided. But it is not true
that this is done with any dishouest purpose in
view. It is done because men insist on strictly limit
ing their liability when they go into such enterprises.
In nine cases out of ten the capitalist and investor
would keep out altogether if they found they were
to he held generally responsible for the debts
of the concern. The result would he that industrial
progress would receive a severe check, for it is beyond
question that it would be very difficult in that event
to obtain capital for many meritorious enterprises tend
ing to promote the progress and welfare of the age.
300
TH E
C H R O N IC L E .
Governor Pingree said that he did not pretend to fully
understand economic theories, “ being but an every-day
manufacturer of shoes.”
Another newly-reorganized road has entered the
dividend ranks. The Atlantic & Danville has just
announced a dividend of one per cent on its preferred
stock. The property is not a large or an important
one, hut it is one of those enterprises where the exper
ience of the security holders in the past has been
very unfortunate. The company was reorganized by
foreclosure in 1894, and in the reorganization the
bondholders got only stock in exchange, part
common and part preferred.
More than that,
they
were forced
to pay an assesment of
25 per cent, new bonds being given for the
amount of the assessment.
Under the reor
ganization the position of the property has been
greatly improved.
For 1895-6 the company reported
net earnings of $139,894, with interest charges of
only $61,900, the balance of $77,994 being carried to
improvement account. For 1896-7 the net was a little
smaller than for the previous year. The amount of
the preferred stock outstanding is only $3,099,200, so
that the dividend of one per cent calls for not quite
$31,000. The securities are held mainly in Europe.
The current revenues of United States railroads are
showing steady improvement. A great change has
occurred in this respect during the last two or three
weeks. Roads which up to about the third week of
July were showing considerable losses are now in
many instanees reporting gains, the improvement being
as gratifying as it has been surprising. The change
is well illustrated by a comparison of the weekly
aggregates. For the second week of July the in
crease for 78 roads was only $94,304, or 1-45
per cent; for the third week the increase on the same
number of roads was $443,926, or 6-86 per cent, and
for the fourth week the increase on 84 roads was
$1,026,641, or 10-64 per cent. The improvement has
continued through the current weeks of August, the
gain for the first week of that month on 75 roads
being $525,196, or 8-04 per cent, while a preliminary
statement which we have prepared for the second
week of the month, covering 55 roads, shows an in
crease of $692,240, or no less than 12-94 per cent. For
this latter period out of the 55 roads reporting only 11
show losses, and these are nearly all roads which are
suffering from the strike of the bituminous coal
miners.
Money on calj, representing bankers’ balances, has
loaned generally at the Stock Exchange this week at
IF to 1| p ercen t with some fairly large amounts at
1 per cent and comparatively small sums at 2 per
cent, making the average about I f per cent. Banks
and trust companies maintain the minimum of 1| per
cent to which they advanced their loans last week.
There is a good inquiry for long-date time contracts,
and some business is reported at 4 per cent for four
months and 4 to 44 per cent for six months. Quotaions until yesterday were 2@2£ per cent for sixty days;
3@ 3£ per cent for ninety days; 3|@4 per cent for
four, and 4@4| per cent for five to six months,
while foreign bankers readily placed sixty to
ninety day loans at the current rates. Yesterday
quotations were marked down to 3 per cent for
90 days, 3 @ 3 f per cent for four months and
H
per cent for five to six months.
The
supply of commercial paper is gradually increas
ing and there is a fair demand, with business
[V ol . LXV .
chiefly at 4 per cent as the lowest. Quotations are
3 f@ 4 per cent for sixty to ninety-day endorsed bills
receivable, 4@4£ per cent for first class and 4 f@ 5 per
cent for good four to six months single names. The
movement of currency to the interior is increasing
though it is not yet large. Some institutions having
extensive correspondence are exchanging some of
the gold in their vaults for legal tenders at the SubTreasury preparatory to the demand from the in
terior; one notable instance of this was the exchange
of $1,000,000 by the Park Bank. Re-discounting for
Southern banks is not yet imjjortant and bank
ers in that section report that they have a
good supply of money for present needs, and this
appears to be the case generally with institutions at
the West.
The most important political events abroad have
been an unsuccessful attempt upon the life of Presi
dent Faure at Paris on Wednesday while he was on his
way to the station on his official visit to the Em
peror of Russia and the explosion of a dynamite
bomb in the Grand Vizier’s apartments at Constanti
nople. The peace negotiations between Turkey and
the Powers have been suspended through the refusal
of England to assent to the retention by Turkey of
Larissa and of other cities on the frontier until the
Grecian indemnity shall have been paid. News of the
revolt of Indi.an tribesmen is reported to have caused
some uneasiness in London on Wednesday, and the
market for securities was lower on the following day.
The Bank of England minimum rate of discount re
mains unchanged at 2 per cent. It was expected
early in the week that there would be an
advance in the rate and the open market fig
ures moved
up
to
in
consequence;
but favorable changes in conditions at Paris
and a check to the decline in exchange in our market
appear to have induced the Bank governors to refrain
from advancing the official rate. The cable reports
discounts of sixty to ninety day Bank bills in London
I f @1 & per cent. The open market rate at Paris is 1| per
cent and at Berlin and Frankfort it is 2§ percentAccording to our special cable from London the Bank
of England gained £439,178 bullion during the week
and held £36,058,708 at the close of the week. Our
correspondent further advises us that the gain was due
to the import of £110,000 (of which £83,000 were from
the Cape and £27,000 from Australia), to receipts from
the interior of Great Britain of £384,000 net, and to
the export of £55,000, of which £50,000 were to Egypt
and £5,000 to India.
The declining tendency of the foreign exchange
market, particularly for sterling, was checked towards
the middle of the week in consequence of less liberal
offerings of spot grain bills and some relaxation in the
pressure of bankers’ sixty to ninety-day bills drawn in
anticipation of covering with grain and cotton drafts.
Another factor was the increase in the open market dis
count rate at London, which appeared to make it al
most certain that the official rate would be ad
vanced on Thursday, and this of itself seemed
to check offerings.
At the same time there
was a good demand to remit for securities sold
for European account, while stocks were delivered
by the steamers arriving early in the week. Under
these conditions the market grew steadier, not only
for sterling but for Continental exchange after Wednes
day, and it was fairly firm for the remainder of the
week. Very naturally there has been less talk about
T H E
A ugust 21, 1897.]
C H R O N IC L E .
gold imports in the near future. The Bank of England
seems to have succeeded in manipulating the discount
market so as to turn Continental exchange on London
upward, thus making it probable that if a New York
demand for gold becomes urgent the metal will be
first taken from Paris. The range for nominal rates
was from 4 841 to 4 85 for sixty day and from 4 864
to 4 87 for sight until Wednesday, when changes by
the Canadian Bank of Commerce, by the Merchants’
Bank of Canada and by Baring, Magonn & Co, made
the range from 4 84 to 4 844 for sixty day and 4 864
for sight. Yesterday all the bankers posted 4 844 for
sixty-day bills. Rates for actual business in sterling
remained unchanged throughout the week until yes
terday at 4 834@ 4 83} for long, 4 854@4 85} for short
and 4 S5}@4 80 for cable transfers. Yesterday rates
were advanced one-quarter of a cent all around.
Continental exchange gradually declined until Thurs
day, when it grew steadier. The market closed dull
and steady yesterday. The following shows the daily
posted rates for exchange by some of the leading
drawers:
d i a t
rosT K O
> it m
r o a
P O R K ta *
e x c u a x o k
m
«W
F u r k io s T r a d * M o n m t t r r o r
£
M utko < r » i t .
tub
In th e fo llo w in g table* th r e e etphet* «*W ) e r e In ell .■*.»»* .m itten
-1 8 9 7 .—
B xtvru . Impart*-*
Me-r-eh’ d l e e , *
#
*
J*a.-M*reh. 2 0 1 *017 18B .»t3 + 7 4 . -i
AorM........
1 7 M i i o i m s —M . . » l
May.............
? t.m
- I . *73
J a u «,
7 :f.m
J a r.
.i.’l.iwr f t T.72-4
n .m
-1 S » « J tm m ris,
*
I
2 1 0 /1 1 A 1 0 7 .SRI -f 1 2 '6 5
7 1j m
•V8.950 + 1 2 142
«i*
.
37.361
4-SMO*
3 0 .1 6 ! + 1 0 543
tw jm
tit Jm
3 S.109
7mm1. ...
G o ld J*n.-Maref>.
AprIL.. . . . . .
M a y ...........
.......
Jnlf.
301.115
r ,r j m
T otal.......
a ilr ftr .
J .n « »r.?n.
A p r il........
M ar.............
mm . . . . . . .
.............
3 0 1-1.!
13,97*
4M I
4,iM7
3, oss
u rn
i.m
7.AXI
fi .r n
n x :o
3.1 m
t jm f
03M
im
mn
-7 0 S
4 -7 .su
t
1
%
Twtffct. ...
0*
“ l i v e r Iu O rff,
J « . H im .
217
April*,.......
....
M ar...
...
n
J ot* ........
-Jaiy.,.., .. ,
T o ta l.... . .
* ***»• » o f a xiw n *
•1J 1.7*1
1 3, m s
+94M A
-tt m
i
4 -3 *?*
4- $
1
0 .9 IS
1 1M *
■\dm
+m /m
3 t.a u
•i.\n
m
fm
1 3 .W )
1.01*
4“ i t v m
A 4 .’A,7
+ 3.5T1
44^66
+ 3.W J
3 . it*
Total.
...
w * t d In O r e ,
Jan -Mul-h.
A p r il.,.,....
May
J o n * ... .. ..
•lair............
100 !• < 4-3 1 ro
-2 7 .1 * 7
ti.m
3.159
4 AM
3USB
m\
mt*
tMd
2 6 .m
+ 10.500
40.070
4 10.1)2
+ 2 S 171
a .8 *3 + 11.457
-*-4.571
&S7
mi
+ 4 MS
+ 3 .:m
am
839
,4 .tM
0.-41
*•28 m
T,277
$m
aa»
442
3*»5
— 1 .IS*
—a w
—itm
—4*2
-3 * 3
m
5
7
14
23
2 7s;
~ x ,m i
79
jm
4,091
1 t*H
l.s s s
%m i
#yp*
1,717
—I ,m*
191
14
37
95
3*
4.291
1,371
i Am
1,599
1.80*
—4.10®
—1,5*0
- I .M »
-1 .6 0 4
-1 .7 7 0
I #.8*1
-1 0 .9 8 3
i « .* »
—
-% < n i
- I.S7«
- 1 M *?
k » c«
M E R C H A N D I8S.
Seven
Mos.
t
%
f
1 S !» 7 . 581.173 3 0 6 . t r
i S 'U i. 312.330 | 2 1.7*«
1803.
1M 94.
18*3.
IS1CJ
SOLD.
E xcess
E x
Export*. Im ports.
of
port*.
E xports
„ o f import*.
SlLVlSIi.
E xcess
Im «
of
p-or?^.
E xp orts
t
$
5 4 /H ” a 0, 3.+
90,50b 34.V23
413.407 4 6 1.620 *21.219 3 9 i n
1 58 .3 1 4117.0-1 5 9.183 83.170
I 3 7 .S U 5 -O W s •02.S72 73.80-7
3 3 7 .5 3 5 4 0 T .3 9 7 4 0,148 5-4.351
Im Excess
of E x.
ports.
ports.
E x
ports.
*
*
?
t
7,166 4 3 .3 9 2 32+5P 1 7.630 15,220
27.013 27,310 a a o a e 17.438 18.598
47.559 1 1 8bS 28,74b 1 2 J 1 8 1 6.630
13,270 7 1 90« 2 7 . u v
9,640 1 7,472
17.710 38.188 44,677 1 0,69' 1-5.987
8 577
4 3 ,-7 4 10.824
9.514
7.S8S
• Excels o f Import*.
In the last table gold and silver in ore for 1894,1895,
1896 and 1897 are given under the heads respectively
of gold and silver; for the other years both are included
in the merchandise figures.
The following statement gives the week’s movements
of money to and from the interior by the New York
banks.
Received by Shipped by
»T* F. Ucintor. v . F. /linto.
i r « * Ending August SO,
o n m m y — ............. ..........................
Net Interior
Movement.
S3,5a 0.000
411,000
82*832,000 Ualu. $748,000
184.000 Gain.
227,000
*3.991,000
t 3 ,016.000 Gain. 3975,000
T otal gold and legal tender* —
With the Sub-Treasury operations the result is as
follows.
Into
Brnks,
TTuk Ending du g.*; SO. 4W7.
S3 i S3
B an* Bnebdi
} <M<urt.
No. A m erica.. i g f e b t ..
S3 | 1%
m
«
«8S
Ban’s o f
f *€« d*y».
HU
m
M ontreal........ i Right...
S t ' 3g
m
Canwiiais Rank i 0# 4*?*.
«
o< CcKam «n»,. 1
S3 ' 153
m i
WM
SB
Het4<?lba<r4ir fell- m &$*f* .
MSI
mu
elheimer * Cm, *S'tehc,,.
mu
m
; 13
m
«
m » r d F r « r a ...S » « • > * ;
153 ’ S t
tsu
«
as
m '
“4
Merchant.,’ B*. }«S.iday*.
$ ! ! 33
..f Canada..
'iMirbr.. .
mu
mu
ea
The market closed steady on Friday with the
nominal rates 4 844 for sixty-day and 4 864 for sight.
Bates for actual business were 4 83}@ 4 84 for long,
4 85}(g t 86 for short and 4 86@4 86J for cable trans
fers. Prime commercial bills are 4 83}<fr 4 844 and doc
umentary 4 8®fi® 4 83. The Bureau of .Statistics at
Washington has this week issued the statement of the
country's foreign trade for July, and we give the
figures below in our usual form.
i?
fr
We subjoin the totals for merchandise, gold and
silver for the seven months since Jan. 1 for six years
.
F ur.
Mo n .*
TTSI*., ?TafTR..! Fill.,
d m 13- Am* w . I S f b . dug. W ,- * m IV.idug. to.
Brown B ro,........}
301
*IS
ISA
H>7
tm
—150
-t o o
-H i
-1 3 9
—861
Ranks’ Interior morement.aa above #3.991.000
18,100.000
Out o f
B -nk*.
Net Chnnoe in
j B mk
*3,018.000:0am . -975.000
14,300,000 G a n . 1.B00.000
Total gold amt legal tender....... *20.091.000 ■fl7,3IO.OOO;Gam FJ.775.OOO
The following table indicates the amount of bullion
in the principal European banks this week and at the
corresponding date last year.
August
B an kef
f f c -H .
j
19, 1097.
Silver.
Attitui 20. 1896.
G 'ld ,
£
A
M.AS6.7© 17.474.951
ISO AS<,017 *3.1 I t .044
43,913.000 3 0 5 *1,000
Total.
S ilv e r .
M
*
j
*
K n je ta n d ,.... ** 0*4.709
60,145.546
7raoo#*eav . U C ’ i» i t 19 OIS 009
Germany*.
16.558.000
2R.are.0IM u 907,600
A u»t.-HoaAr’ y S7.W..000 IS..’-.3.000 SO.SS3.tlOO tS.445.000 12 857,000
8,400,000 10.710.000
S p a in .
f f j m j m so.sw.ooo. 19.01*. w
“ eas.OOO o .w s.n o f; .» .» t7 .0 o o
8.874,0* 0
X m A m lm d * .
«.7n,0«0 l.SW.000 I.1SROO- t,6S«,*M57 i m%$m
BucBoM um 9
Y o u t m w eek
T n l, p t m . r e 'k
7oial,
£
47.474,951
13:1257,580
46.2m.0O0
41.302.000
19.110.000
0.508,000
3,037.0G0
lp».7‘ *».74«
1 000 X9«,I0I.755 2<U.« 17.602 p7.450.879 800,808,541
I87.W2 W aft.oaa.O0t W JtV .491 Sni,n:i*.U9 97.684,122 299.570.271
H J
* T h e iliv t.lo n (b e tw e e n gold am t allvert g iv e n ta o u r table o f coin
snrt b u llion in to,, iu r.it o f G erm a n y a n d tlio B u m o f B elgiu m Is matla
f«»SB th e beat M tim a ie w « are a b le to obtain t In n eith er uaae t» tt
claim ed in b e
!r.!*’ , a , Uu>«« b a n k , m ak e n o d la tln e d to In thoir
weekly return,, merely reporting the total gold and ellver, but w o be
lie v e the fUvtalnu we m ak e I , a Close a p p r o x im a t io n .
ViiTK -w .. r o e c lv e th e fu r e g o m * fe o u lt* w e e k ly b y isabfe, an d w h ile
o u t *11 o f the i .... giv en at th e b on d Of th o oolutnn, th e y a re t h « re
turn* waned n e a re w t o that d o t e —th a t in .fh e la te s t re p o rte d Hsrurea.
E N G L A N D 'S
'< D E X t X C I A T I O X ”
OF
THE
T R E A T IE S .
The most interesting, and in some respects the
most amusing, aspect of Great Britain’s announce
ment that it will withdraw next year from the Ger
man and Belgian commercial treaties, is the manner
in which the various schools of economy have received
the news. These treaties were concluded a quarter of
a century ago by Great Britain iu behalf of itself and
of its colonies. The gist of the agreement was that
under certain conditions the foreign treaty States
should be allowed the right of entry for their goods
into the British colonies on less exacting terms than
were fixed upon the goods of other States. These con
ditions were'the lowering of German and Belgium im
port duties on goods from England and its colonies.
Great Britain had no protective import tariffs; but its
own share in the three-cornered arrangement lay, first
in its exercise of its exclusive treaty-making power for
the colonies, and second in its extension to certain
302
TH E
C H R O N IC L E .
Continental States of colonial trade privileges hitherto
enjoyed by England alone.
When it was announced, two weeks ago to-day, that
this “ favored nation” arrangement was to be aban
doned, the first response was congratulation from
an English protectionist league. This organization
had it that Great Britain was taking a first step in
surrendering the free-trade principle. Some of the
English free-trade newspapers became indignant, on
the same line of reasoning, over the Ministry’s action.
In other quarters the move was discussed as a “ showing
of its teeth” by England to Germany; while again, some
newspaper oracles lamented the sacrifice of England’s
present advantages in its Continental export trade.
All these various conclusions overlooked, in a very
singular degree, the circumstances which led to the
withdrawal from the treaties. To begin with, the
action was not altogether voluntary on England’s part.
It is true the colonial policy of discrimination in favor
of certain nations, which involved of course discrimi
nation against all other nations, has never been
heartily approved by English statesmen. The London
“ Saturday Review” recalls that Lord Salisbury a year
ago declared that he had searched in vain through the
Eoreign Office archives for an explanation of the mo
tive under which the treaties w
rere originally con
cluded. But for all this, successive ministries, during
many years, have shrunk from any plan of abroga
tion; Lord Rosebery especially having declared that
the German agreement could not safely be tampered
with. What has forced the hand of Mr. Chamberlain
and the Ministry at the present time is perfectly well
understood; it was the political necessity, in view of
other and larger imperial plans, of showing some de
cided deference to the wishes of the colonies.
The withdrawal from the German and Belgian
treaties was a distinct concession to the appeal of Can
ada as presented by Sir Wilfrid Lanrier.
When,
moreover, the record and purposes of the petitioner
are considered, it will at once be seen that nothing is
further from the situation than a surrender to protec
tion. The Canadian Premier is surely the last states
man on whom such a motive can be fixed. One of
Mr. Chamberlain’s favorite plans, duly unfolded at the
Jubilee-conferences with the several colonial premiers,
was the so-called “ Imperial zollverein” ; whereby, after
the old German system from which the project takes
its name, the colonies were to unite in charging pref
erential duties against all States outside the British
Empire. This would have been a very obvious con
cession to the protective theory, but it was promptly
nipped in the bud by Sir Wilfrid Laurier in
behalf of Canada, and by Mr. G. H. Reid,
Premier of New South Wales.
The Canadian
statesman then very frankly declared that his colony
would never consent to be bound by any protectionist
policy. Free trade they could not contemplate as yet,
because the country was not rich enough to support
its government without resort to revenue taxes on for
eign imports. But he allowed it to be clearly under
stood that approximation to free trade was the purpose
of his Government, and for that very reason he, with
the premiers of the other colonies, asked to have their
hands freed from the embarrassment of preferential
tariffs under treaty. These well-known facts ought to
have answered in advance any theory that the denun
ciation of the German and Belgian treaties was
either an act of hostility by England or a concession
to the protective policy.
[V ol. LXV.
Properly viewed, the true significance of this new
step in English policy is its reflection of the British
Empire’s internal situation. It was no secret that the
purpose of the recent Jubilee celebration was largely
to cement the relations of the mother country and its
colonies. So little was this purpose disguised that
the visiting colonial premiers were made distinctively
the guests of honor, were loaded with royal courtesies
and, wherever possible, with titles in the gift of roy
alty. At the Jubilee processions and celebrations
these statesmen from America andirom the Southern
hemisphere were placed on a par with representatives
of Continental royalty, and, by way of added empha
sis, they occupied their places to the exclusion of the
British Ministers themselves.
This demonstration, though doubtless in some de
gree spectacular, pretty clearly served its purpose.
Mr. Chamberlain’s scheme of a “ zollverein ” fell flat,,
as we have seen ; his pointed hints' towards increase in
the colonial naval armaments met also with a rather
cool reception. But the integrity of the empire, its
willingness to stand together for mutual defense— in
short, the substantial loyalty of the colonies—was offic
ially confirmed as it has not been since the opening
of the present century. The abrogation of the Ger
man and Belgian treaties, whereby the hands of the
colonies had been tied, was not unreasonably asked as.
the price of such assurances. Mr. Disraeli, it is said,
once expressed his amazement that the right of impos
ing any tax on English goods had been conceded to
the colonies. But in economic matters, Disraeli was
a reactionist at heart. Other statesmen learned a
lesson from 1776. The right to tax English goods was
granted to the colonies because the English Ministry
in power was too wise to refuse it. The colonies are
now freed from any imperial supervision in their cus
toms policy for exactly the same reason.
Imperial and foreign diplomacy have in short governed
each successive step in this matter of colonial treaties.
Xotwithstanding Lord Salisbury’s query over the
motive of the original negotiators of these treaties, it.
may safely be affirmed that they were adopted to suit
a temporary exigency of European politics.
This
exigency has now disappeared; it is replaced by a
more powerful motive in the opposite direction arising
from colonial relations. All of the “ favored nation ’ ’
compacts during the last two centuries have passed
through a similar experience. Very rarely have such
reciprocal concessions been enacted, except to serve an
immediate diplomatic purpose; usually they have
failed when such purpose was lacking.
In 1703
the famous “ Methuen treaty” with Portugal set the
example; a proposition made by England distinctly
for the purpose of detaching Portugal from alliance
with the House of Bourbon, and comprising the in
ducement of a duty on Portuguese wines less byonethird than any duty on the wines of France. Bolingbroke’s still more famous plan in 1713 for a “ favored
nation”
treaty affecting England’s trade with
France was promptly rejected by Parliament
and opposed even by such enlightened econo
mists as Halifax and Godolphin, simply because
they wished to cultivate no reciprocal relations
with their recent enemy. Similarly, Pitt’s plan of
1786 for a reciprocity compact with France was con
tested by Fox and Burke on purely political grounds.
Whether these movements of opposition were econ
omically right or wrong, they show conclusively, by
an unbroken chain of precedent, the political. nature-
AUGCST 31. li« .|
T H E
C H T tO N IC L E .
303
Starting with these premises, Mr. Abbott contends
that if the problem is to be dealt with effectively it
must- be treated not as a local question but from a
national standpoint, in a statesmanlike manner, “ and
by men whose horizon is broader than a single city or
village.”
The difficulty with legislation on this
subject at present is that the people of the United
Stares have a duplex form of government. State
and national— the national with its plenary power
over the subject of commerce among the States,
and the several States with police power con
fined to the boundaries of each, limited by Con
stitutional provisions aud by the paramount power
vested in the General Government. In other words,
we have forty-eight different communities, each,
without consulting or regarding the others, at
tempting to solve and
regulate a national
question, a national issue from a local point
o f view.
Nearly all of these States have created
railroad commissions, and the character and extent
of their powers and duties vary widely. In some
States their sole duty is to hear complaints and inves
tigate charges, in others they are invested with author
ity much more extensive. Alabama passes laws rela
tive to color blindne-^, Virginia relative to running
freight trains on Sunday. One State prohibits certain
S H O U L D C O N G R E S S E X E R C I S E E X C L U S I V E acts, and just across an imaginary line those acts are
R E G U R A T IO X O V E R R A IL R O A D S .
permitted. Taxation in one State is based upon one
The paper which Mr. Howard S. Abbott of the theory, in the next upon a theory radically different.
Minneapolis Bar read at the last National Convention
It is thus obvious that the first great defect in ex
of Railroad Commissioners has been printed in pam isting railway legislation is lack of uniformity in laws,
phlet form.
Mr. Abbott is lecturer on Public and in methods and in n i o t i v t T h e transportation legis
Private Corporation Law at the University of Minne lation of the United States lias been based too much
sota, and he offers some interesting suggestions as U upon die theory that the management of interests
>
the best means for regulating the transportation in representing nearly t wenty-fivo per cent of the wealth
terest.-- of the country.
Mr. Abbott would hardly of the country are engaged in an oppressive business,
be expected to argue in favor of Government owner
that their motives at all times
ship of the railr.rads. He does make a plea for the were selfishly dUbonest. Legislation has been too
exercise by Congress of exclusive power of regulating much, possibly, in the interest, of classes other than the
the railroads. Whether one agrees or disagrees wish : investor, or rather in* interest has been too little ro
him la the views advanced, his argument is worth garded. I'm uv legislation should be of ft different
careful consideration.
s'Tt. 1 !i,uiId be uniform aud not class. The inter
?
Mr. Abbott well says that in recent years every legis ests <>f both shipper and investor should have equal
lative body in the country has attempted to pr<- -m be wetiTut in legislative deliberation*. It should be gen
rules for dealing with the transportation qm- ; .mi* of eral.
the day—rules various, dissimilar and often incongru
After undertaking to show that by the letter and
ous in scope and character. Consequent,Iv it h im spirit of the ( oust tuition the power to exercise excluportant to inquire not only how far legislation may •ive jurisdiction over railroad transportation, as one of
properly interfere to prescribe rules and methods fur the agencies amlinst rumentalities of commerce, resides
the management of railways, but a!.-.* in what legisla in Coiigro*-, the author Mims up as follows: “ Questions
tive body the power to so prescribe exists under our of policy aud the present character of railway legisla
complex system of government, Mr. Abbott consid tion demand that the exclusive right of regulation
ers that the gist of tin;- transportation problem is the should be exercised by the Federal Government to the
protection of life and property and the prevention exclusion < f State interference. 'Che great defect in
>
of unjust discrimination— unjust discrimination the laws us found to-day is their lack of uniformity,
against persons, against localities and against traffic. and when the diversity of State constitutions, the
The causes producing such unjust discrimina conflicting provisions of State statutes, the different
tion are to be found in economic laws and'comlitions powers of railroad commissions, and the sectional
and the selfishness of human nature— *conomic laws motives of State legislatures are considered, the im
based upon natural conditions and physical character possibility is apparent of ever securing uniform action
istics that cannot be changed or modified bv'iegisla- under those conditions. The character of legislation
tion and economic conditions that, arise from |the fact passed by Congress would necessarily be uniform—
that the United State- is a commercial empire vast in would be more just, owing to the greater deliberation
area, with climatic influences widely differentjinjebar- of that body and the broader, more intelligent char
acter, yielding diversified products and includingjtrade acter of its members. Local prejudices would have
circumstances, trade classes and trade localities, each less weight, the greater part of a fruitful, source of
intent on the upbuilding and financial prosperity of corruption would be removed, for it is said the lobby
its own interest and section regardless o f ,the rights of ist is; abroad in the laud, and the whole problem would
others.
be considered at that point of view from which the
of the treaties. Cobden himself, it will be remembered,
negotiated for the British Government a reciprocity
treaty with Louis Napoleon’s Ministers, and there could
hardly be a stauncher foe of the reciprocity theory
than Cobden. But the treaty was again political—as
political, for instance, as the reciprocity engagements
urged by Mr. Blaine at the time of his Pan-American
conferences.
This seems to us to be the weak point of a reciproc
ity policy. It cannot be divorced from international
politics and diplomacy. On the one hand ••favoredna
tion” tariffs involve, as in the case of these lately abro
gated British treaties, the existence also of nations not
favored. This of itself provokes discrimination and
retaliation. On the other hand such arrangements,
dependent as they are on the mutual good-will of
States with widely separate interests, are in perpet
ual jeopardy. Trade, in short, is made under such
policy either a bribe or a weapon: and this, it appears to
ns, will ordinarily amount to grave misuse of commer
cial interests. In any case it is plain from history and
from observation that compacts of this sort cannot be
permanent. The revocation of the German and Bel
gian treaties is only the latest among many illustra
tions of this truth.
301:
TH E
C H R O N IC L E .
greatest good to the greatest number would inevitably
follow.
A national question should be considered
from a national standpoint.”
In the foregoing we think Mr. Abbott has presented
the case in favor of giving Congress exclusive power
of regulation over the railroads as strong as it can be
made. For ourselves, we must confess that we are not
at all persuaded that such a course would be either
wise or desirable, or bring the benefits expected.
That there would be an advantage in having a uni
form set of regulations for the railroads applicable all
over the United States may be admitted. But that
does not furnish a convincing reason for urging the
adoption of such a policy. There is another side to
the question. Under Mr. Abbott’ s proposition Con
gress would undertake to regulate not only inter-State
traffic, but traffic carried on wholly within a single
State. We cannot but regard this as objectionable
and mischievous. We do not think that anything
should be consigned to the care of the national gov
ernment which the States can do for themselves.
Such a policy is in accordance neither with the theory
of our Government nor the spirit of our institutions.
It has from the first been recognized that there are
certain powers which of necessity must be delegated
to and assumed by the National Government. But
there was nothing the founders of the Govern
ment contended for more zealously than that
Congress must not interfere in purely domes
tic matters. Now the regulation of railroad
transportation between New York City and Al
bany or between Philadelphia and Pittsburg or be
tween any other points lying wholly within the limits
of a single State, are matters that fall peculiarly
within the province of the States concerned; and
there is no more reason why Congress should inter
fere in the case of railroad transportation than there
is why it should interfere in the case of the hundreds
of other things where State laws are conflicting and
diverse, occasioning inconvenience and vexation.
Large though the inter-State traffic may he, the State
traffic is no less important, and we should regard it as
extremely unfortunate if control over it should pass to
Congress. There is more than one reason for this
feeling. In the first place a general body is not so
well fitted as a local body for dealing with local mat
ters. The results where such a policy has been tried
have always been bad, as witness the experience of this
city in having its laws made for it by the legislature
at Albany. What groxmd is there for thinking that
any more success would attend the efforts of a central
body to regulate at once railroad matters in New
Y ork State, in Michigan, in Oregon, in Texas and
in Florida— even if this were attempted in the most
general sort of way.
Besides, the bearing of the matter on the question of
self government must not be overlooked. We are
carrying on in this country the experiment of selfgovernment on a larger scale than ever before at
tempted. We can only hope to succeed by keeping
the zeal and interest of each community undiminished
in its own affairs. By transferring the source of
authority and power to a remote body we take away
not only the sense of security but the sense of respon
sibility, which is the strongest incentive to the exer
cise of the full functions of citizenship. So long as
the State retains control, we know that we can make
our influence felt, for our neighbors will be of the
same way of thinking as ourselves on any important
[VOL. LXV.
local question; but when the decision rests with Con"
gress we can hope to accomplish little, for our in
terests are only those of a single community in a
body where there are numerous other communities.
Mr. Abbott argues that Congress has always exercised
the power to regulate navigation, even when the ves
sels were plying in State waters exclusively and en
gaged in the internal commerce of the State. But the
analogy can hardly be regarded as very close. In the
first place regulation in this case has been almost
purely formal in character, and in the second place
rivers and lakes are natural highways, while railroad
transportation routes are artificial highways, the crea
tures of the laws which gave them life and authorize
their existence. The State should not be asked to
yield up any of its functions in regulating the acts
of its creatures while they are operating within its
borders. ■
It is true that railroad legislation in the past has
not been entirely satisfactory; that in many of the
Western and Southern States the carrying interests
have been unfairly and sometimes very harshly treated.
But it is also true that there has been great improve
ment in this respect. In New England and in the
Middle States there has been little ground for com
plaint for some time. In the West and South the
crude notions andsfalse economic theories which for so
many years h eld ’ sway are slowly but surely giving
way to more enlightened views. As these sections of
the country grow in population and in wealth, they also
grow in intelligence, and legislation becomes less pro
vincial in character. The sections referred to have
gone through the experience common with new com
munities, and the lesson has been in many respects a
costly one.
But in no way is the lesson so surely
and so quickly learned as where each community is
made to feel the responsibility and effects of its own
mistakes and errors.
Besides, in our system of government there is a
monitor which can always be relied upon, when
appealed to, to prevent absolute oppression on the
part of State legislatures. We refer to the United
States Supreme Court. Time and again has the Fed
eral Judiciary rendered nugatory acts of the State
legislatures and railroad commissions calculated to
deprive railroads of their rights and the protection
guaranteed to them under the laws and the Constitu
tion.
No one will admit this more readily than
Mr. Abbott, for in his paper he makes men
tion of several cases where the Court has
rigidly defined the limits within which attempts
at regulation must be carried on— among others the
decisions in which the doctrine was promulgated that
the power to regulate is not the power to confiscate, is
not the power to destroy. At first sight the recent ruling
of the United States Supreme Court in the Trans-Mis
souri freight cases may make it appear as if reliance on
that body to thwart illegal and oppressive State acts and
regulations is not positively certain after all, but those
suits dealt with a national not with a State statute,
and the ruling of the Court has been criticized because
it interpreted the statute strictly according to its
letter instead of according to its spirit.
Mr. Abbott contends that legislation by Congress
would be more just and freer from the prejudice that
dictates State legislation.
But what is there to sus
tain this view. During the last few years the public
mind has been worked into a state of frenzy on the
subject of trusts and combinations, and one State after
AUGUST 21, 1897,]
T H E
C H R O N IC L E .
B 05
It will he seen that the intention here in both cases
is to urge upon bankers the importance of keeping
their assets in easily realizable form, so as to he Teadily available in an emergency. And certainly too
much stress cannot be laid upon this requirement.
Mr. Eckels did not develop the thought any further,
passing to his main theme, which was to show the
weaknesses and faults of our banking and currency
system and the dangers and risks involved in allowing
the system to continue unchanged. Mr. Pock, in the
address referred to, argued strongly in favor of mer
cantile paper as a form of assets which can be made
very serviceable to a bank in time of panic or need;
and as the topic is an instructive one a brief outline
of his argument will be of interest.
In using the expression “'Commercial Paper” , Mr.
Peck defines it as notes given in mercantile transactions,
or to raise money to be used in such transactions, and
in either case to be paid when due without request for
renewal. In different sections of the country the
term of course covers different classes of paper. In
the Northwest elevator and wheat paper are the favor
ite forms, these being paper made for the purpose of
buying wheat and storing it in elevators. In the cot
ton belt of the South commercial paper means notes
given for the preparation or marketing of the cotton
crop. In Kentucky notes are considered by some to
be desirable when secured by warehouse certificates
for barreled liquids— whisky. Generally speaking the
best commercial paper. Mr. Peck thinks, is such as is
given with well founded reason of ability to turn the
money into channels of business and then out again
by the time the notes become due.
Mr. Peek well ays that a bank cannot very credit
ably pas.- through such times as we have had in recent
years if it loans out all it-, capital, surplus and deposits,
excepting the amount required for reserve, to parties
who expect to use the money as permanent capital,
and hence will desire to renew the notes. As a bank’ s
deposits are expected to be payable on demand, it is
C O M M E R C I A L P A P E R A S Q U I C K A S S E T S . quite essential that the bank‘ shall have some form of
Mr. William H, Peck, the Cashier of the Third quick assets as part of its investments, by which it can
National Batik of Scranton, Pa., made gome interest at times raise money without disturbing the loans to
ing observations before the Pennsylvania Bankers’ As its customers. During the panic of 1893 and the antesociation last month on the value of commercial paper election stringency of last year, the hanks that could
as quick assets for banks. The address has now been re-inforce their reserves without calling in their home
printed, and we have been favored with a copy of it. loans passed through those times with the least anx
Mr. Peck contends that it is more in accordance with iety. It may be taken for granted, therefore, that all
the requirements of legitimate banking for a commer careful bankers desire to hold a large portion of their
cial banking institution to have its funds invested in assets so that they can quickly realize upon the same,
notes representing the buying and selling of merchan even though the income may be less than that which
dise, or its productions, than to invest in obligations can he obtained from more permanent investments.
Mr. Peck takes up the four principal forms of in
which represent permanent investment on the part of
the borrower, and which the majority of corporations vestment, namely local mortgages, municipal bonds,
listed bonds and commercial paper, and after noting
issuing never expect to pay except with new ones.
Comptroller of the Currency Eckels, in delivering the objections to the first three, decides in favor
hia address this week before the American Bank of the fourth, that is commercial paper. Local
ers’ Association at Detroit, incidentally touched mortgages, he says, pay the highest income. But in
upon the same thought, when he defined the attri the first place, they are not legal investments for some
butes of a commercial bank ns follows: "Fixed loans banks; and in the second place they cannot be de
and fixed investments are the province of trust compa pended on aa quick assets in time of panic. Would
nies and savings institutions, and not the field to be not the local situation, Mr. Peck pertinently'asks,
entered upon by a commercial bank handling com be made worsa by insisting at such a time on the pay
mercial deposits essential to the proper conduct of ment of any that might be due. Municipal bonds,
daily commercial business. I am confident that if he think-, would scarcely find a market in periods of
this line of demarcation were drawn, instead of there panic. Listed bonds consist almost entirely of rail
being many bank failures because of an accumulation I road bonds, and though they are supposed to he
of unconvertible assets, there would be few, and then j quoted daily on the exchanges, they run down to a
largely through criminal dishonesties.”
' very narrow market in time of panic and to prices
another has been placing laws upon its statute books
forbidding these heinous arrangements. Has our na
tional legislature been unaffected by the craze or failed
to yield to its influence, thus showing the "'more intel
ligent character of its members” ? Let the nature of the
Anti-Trust Act of 1890. on which was based the de
cision in the Trans-Missouri cases, furnish the answer.
Again, has the action of Congress during recent years
in dealing with the question of the Government’s re
lations with the Pacific railroads, or in dealing -with
the subject of pooling between the railroads, or in
dealing with other matters relating to the regulation
of the railroads under the Inter-State law, been such
as to encourage the idea that broader, wiser and
more intelligent legislation could be expected from the
uational body than from the legislatures of the sev
eral States ?
Another fact should not be lost sight of. One
branch of Congress is not representative. In the
Senate the smaller Western and Southern States have
a membership entirely out of proportion to their pop
ulation, wealth and importance. This is the explana
tion of the strength of the silver forces in that body.
Practically the South and the West have it within
their power to control the Senate on any subject of
legislation coming before Congress. But it is in those
sections that State legislation regarding railroads has
in the past left most to be desired. Hence wbat is to
prevent those sections (under the plan proposed by
Mr. Abbott) from dictating the entire policy of Con
gress regarding railroad legislation, both State and
tater-State? And in that event would not the result
of the change be a positive loss rather than again.
Mew York and the Eastern States being forced to
accept the less conservative legislation desired by the
remoter parts of the country. Altogether it seems to
us it is better to endure the ills we have rather than
invite others which might be equally if not more
hurtful.
"3 0 6
TH E
[VOL.
C H R O J N lG L E .
that are often ten or fifteen, or more, points off from
their usual quotations.
All things considered, therefore, commercial paper
is thought preferable to the other forms of invest
ment.
Mr. Peek says he knows of an institution
(presumably his own) that for some years has kept a
large amount of its funds invested in commercial
paper so as to have quick assets, and on May 1 1898
stopped buying because its management saw indica
tions of stringency and at that time had in its vaults
$640,000 of such paper, as well as a million dollars of
its customers'" notes. The result was that in a short time,
on account of the payment of its purchased notes as they
fell due, its reserve was run largely above the legal
requirement, and the institution was able to announce
that its customers need not pay any loans, but on the
contrary could have additional ones where their re
sponsibility would warrant and the value of their ac
counts would entitle, and that any townsmen who
were customers of other banks, but who were fortunate
enough to have loans with it, could renew without
question. This the bank could not have done, he
contends, if it had been depending on local mort
gages, municipal bonds or listed bonds. Mr. Peck
does not undertake a comparison between commercial
paper and loans on stock and bond collateral, and in
deed makes no reference whatever to the latter, pre
sumably because there is no considerable demand for
this class of loans in the community served by his bank.
He notes that in time of stringency a bank’ s com
mercial deposits are quite certain to decline, be
cause business men cannot make collections and must
use their balances to meet maturing obligations. For
a bank therefore to be able in such a contingency to
be of service to the community in which it is located
is no small matter, and he claims that carefully se
lected notes most readily furnish such means. As to
the percentage of losses incurred in the purchase of
paper, he says that the institution referred to above
had in March 1894 no past-due notes and had not lost
a dollar since December ,1892, and in the past four
years has loaned in all ways $22,000,000 with losses of
only $2,250.
This is certainly a good record, but
whether a similar policy by another bank would produce
equally gratifying results may, perhaps, be questioned.
There are numerous sources, Mr. Peck points out,
from which commercial paper can be obtained, but in
buying one must exercise as much care in selecting the
brokers as iu selecting the notes. The rate should
never be the first influence in making the selections,
and he sees no more objection to low-rate paper than
to low-rate bonds. Every bank that invests its sur
plus funds in commercial paper should, in his
estimation, have a credit department connected
with the institution.
This can be. developed
slowly, and he thinks little difficulty will be
found in discriminating between good and bad paper.
As to the reliability of the annual statements issued
by parties who sell tlieir paper, he urges that we must
cease to do business unless we are willing to believe
that the great majority of people are honest and
truthful—which is most assuredly correct. lie also
makes a comparison with the reports of railroad com
panies, citing certain instances where irregularities
were discovered, as in the .Baltimore & Ohio examina
tion, etc., but.here we think he is unfortunate, for
there is no real analogy between such cases and those
where merchants deliberately practice deception for
the sake of finding a market for their paper.
R A IL R O A D
N E T D A R N IN G S
FOR JUNE AND
T H E H A L F -Y E A R .
According to present indications comparisons of
railroad earnings for the second half of the current
calendar year will be in striking contrast with those
for the first half. This remark is suggested by the
fact that we have this week prepared our usual com
pilation of the gross and net earnings of United
States railroads for the first six months. The state
ment covers all the roads from which it has been found
possible to secure returns. The final aggregates dis
close results about the same as those reported in our
early preliminary statement published July 10, and
the total of the gross, it is found, falls about I f mil
lion dollars short of that for the corresponding six
months of last year on the same roads. As we are
dealing with large totals (over 436 million dollars
for last year) the ratio of falling off is not large—less
than one-half of one per cent. In the net earnings
there is an improvement of 6 f million dollars (equal to
5 "73 per cent), and this indicates the result of close
economy in the management of the properties, under
which losses in the gross have been converted into
gains in net in the case of many of the separate roads.
Here are the comparative totals.
Increase or Decrease.
Jan uary 1 to J u n e 30.
(179 roads.)
1897.
1896.
A m ou n t.
PerO en
134,239
133,428
$
1
434,376,1^8 436,110,288
309,677,198 318,072,091
-+811
$
*-1,734,085
-8,494,893
0*61
I>«t earn in gs................................. 124,799 000 118,038,192
+6,760,80&
5-73
O perating expen ses ......................
0*40
2-67
It is not difficult to explain wny gross earnings in
the six months this year were not equal to those for
the six months last year. In our issue of July 10th
we reviewed at length the conditions and influences
that prevailed during the half-year and found (1) that
trade was inactive and depressed; (2) that the weather
conditions were in many cases unfavorable; (3) that in
the East the rate situation was not so satisfactory as a
year ago; (4) that in the West the grain movement
was but little heavier than in 1896, while in some of
the cereals and in the shipments over some of the
roads there were considerable losses; and (5) that the
cotton movement differed but little from that for 1896,
while being very much smaller than that for 1895. In
the East there was a very decided augmentation in the
grain movement, which inured to the advantage of the
east-and-west trunk lines, but on the other hand these
lines suffered severely from the depression in trade.
If earnings have not been satisfactory the present
year neither was there anything to boast of in the
results last year or the year before. In both those
years gross and net alike increased, but the improve
ment on the whole was slight, especially considering
that it followed a very heavy loss in 1894. The fol
lowing shows the totals back to 1892.
Year and
num ber
o f roads.
Ian. 1 to
Jun e 30.
1892 (190)
1893 (181)
1894 (1'9>
1895 (177)
1896 (181)
1897 '179)
Gross Earnings.
N et Earnings
0
1
Year
Given.
Y ear
Preceding
Increase
Decrease.
$
448.515.806
4:^8.062,81'
330,945,696
381,778,437
4'»4,420.650
434.370.19*
$
416,936,311
423.542,661
419.735.75'
368.644,256
386,502.871
430,110,283
$
4-31,579,49
4-15,120 149
-68,790,061
+1 3,134.181
+17,917.779
—1." 34.08
Y ear
Given.
!
.131,071,945
126,821,797
96,8 •0.247
109,815,53*
115.747.0*3
124,799.000
Year
PrtcttUng
Increase o r
D ecrease.
*
%
124.464,71' +0,607,235
+1,257,834
125,563,96
120,441,-83 -23.595,030
102,518,067 + 7,297.471
111,610,497 +4,130,586
1 '8.038,19
+0.76O.SO8
One gratifying feature in the comparisons the pres
ent year is that the returns at the close of the six
months were better than those at the beginning, re
versing in this the experience of last year.. Taking
A ugust 21 i8W J
TH E
0H R 0N 1
the results by months., we 6ml chat in January there
was a loss in both gross an:l net. that from February
to April inclusive there were trifling gains in the
gross, with varying percentages of increase in the net,
but tint in M iyth e imp™cement amounted to *1,~
904,504, or ’r 2 2 percent, in the gross and *2,261,697,
or 14-93 per cent, in the net, and in June to #1.705,658,
or 3-29 per cent, in the gross and #1,118,311,
or 10*52 per cent, in the net, us will appear by the
following :
GROSS A Nil S B * E .RSIN CS.
X ft Bamtnai.
Srow Bamtnm .
Month
1897.
J a n ...
P en...
March
April,.
M »y „.
J one..
1 1808,
fter.or f ! « . P .c .
I
f
f
54,763.771 rS.lOl.W.I -3.411 JIT
S1.7-5,'5f7jJt,7-.l>.15S:
+0,1*4
«0,2J4JU.-'UI,mj42; +9t7.t!X>
*7,» 1.742 17 r#1,077.4. < S9,l7«>iaU-1004JOI
5:U.r
.7,05T' ‘ 1,75! ,38v S J,705.-W8
+
1397.
:
1«M.
Inc.vrtMc. P. c.
!
?
t
$
w i u j m j m M .i£ U 9 s - i .s a
0*0 i j15,0O
*?.<V41 1* .520.001 *41,387,06.
reopyM««J88a i 7 M ! v
fti0’4*i.eii.h«i2
*3 5 18,0*5,5:4 15*90.01? *4749.55?
3112 17,4l0yS4? 15.i4-.85f- *8,201.89:
9m
^ 1. 11-^11
T’58
0-55
0*70
4*90
wm
40-52
No t e .—T he n u m b er o f m a d s Inclu ded in J a n u a ry w in 1 3 1; In
F eb ru a ry 131 r in M arch 139; in A p ril 1 3 4 : In M a y 1:15; m J u n e 111.
That the conditions were quite generally unfavor
able during the half-year is forcibly illustrated when
the roads are arranged in groups, and it is seen that
losses are shown in the gross by all the following
groups, namely the New England group, the Trunk
Line group, the Anthracite Coal group, the Middle
group, the Middle Western and the Northwestern.
Gains are recorded only in the case of the South
western group, the Pacific, the Southern and
the Mexican,
In the net the showing is bet
tor by reason of the saving in expenses effected.
so that hero the Anthracite Coal group, the Middle
Western and the Southwestern are the only ones fall
ing behind. The rest show gains in the net. yet the
improvement is considerable only in tha ease of the
Southern group, the Pacific and the Mexican. The
Atchison forms one of the few roads which have heavily
increased their expenses, and this explains why the
Southwestern group, with an increase in gross has a
decrease in net. The following are the total? for the
groups. At the end o f this article will ho found a
complete detailed exhibit classified in the same way
and showing the figures for each road separately.
S aem os o »
©BOOT.
Orta* fc-imwnj..
1597.
j
mm*
S*#t Batm m smm.
im , m Bet
J’tn. 1 to 7 * 1 , fc
NawBugl-d. 10)
Tran* lln*».(18i
A n lh r.t.ca H ll
Middle____, « t ,
Mid. B a r a d l
Rarteaest >,•!:•
Soathwost'm 13)
PaesdeOoMtil-.
aiaiharn.-..f40
Mextcart.......(5)
*
*
»
t
V. V.
♦
t e js - .s is ; io.784,818: 6,0.5.31: s j m . m
44JT.81 a lire#
1-38.9 *J**!lS J.««.30t! 3#V*«<
037
-41,450. i n
3*8»
6L3WAV* 55.207.U0) 0. BlO.A'l
-8 2 4 .1 .:
«N9
li.8 *717 l',.«8l)S s
+438,817 i'.O
4,0-AMS
21,105423}
6.321,888 5#74,t7«
S0.SW.J03 SASS8.0W: w . t n . n t % M * j m
+818JW* 5*30
¥
23.00,011 'M,>7.-,,*F.
7,«S#,<*»7 f j m a m
1*23
is iitn.t *: W J SS.58I
UM/Lm-i +•1380/8" n o i
J3.708.S8S t7.077.SOi; It -fc-'"-*
+U8B.108 1171
u "t.1 8 7
D.Mi.tm
4 MIS N+t
+LM8.8J1 20 20
T o t..0 }9 r-d s ) at.ST8.IBS (NMlQ.3sft m j m j m im sm .x m i G j M j m j 5*73
M il k a g k —T h e mOc ig e fur the a b o v e g ro u p * t» a<* fo llo w * : N ew
E n g la n d , 3 ,6 0 2 m ile* a ga in st 3 .6 0 2 m ile - In 1 8 9 8 ; T ru n k line*. 2 1 .8 2 8
a g a in st 2 4 .3 2 3 ; A n th ra cite r e a l, ft 531 a g a in * : 5 ,3 3 7 : M iddle S ta te*.
4 ,9 7 7 a ga in st 4 .0 8 2 : M iddle W estern , 8 ,8 1 0 a g it n a t 3 .0 3 .1 : N o rth w e s t e r n ,2 3 ,8 7 6 a g a in * ! 2 1 ,0 4 1 ; S ou th w estern . u , - , t 5 a p d ,*s 1 4 .3 3 5 ;
Partite C oast, 21,1 31 a g i t m t 2 l ,Q P l ; S ou th ern , 2 0 ,7 2 3 a ga in st 2 0 .4 8 0 ;
M e x ica n , 4 ,3 13 against 4 .1 0 S ; g ra n d to ta l, 1:14,23 > a g a in s t 1 3 3 ,4 2 8 .
We shall not attempt to enumerate the roads
•which are distinguished for either large losses or large
gains, hut shall simply present the following two
tables, giving all the changes in both gross and net in
excess of #100,000. It will he observed that the Bur
lington & Quincy occupies a prominent place at the
head of the list with #1,349,730 gain in gross and
#1,881,615 gain in not, and shat the Pennsylvania
|Eastern and Western lines combined) with #1,732,856
decrease in the gross has #1,113,433 increase in net.
LE
307
PRINCIPAL CHANGES M G R O S S SAU'UNGS IN' 6 .M O N T H S ,
In creases.
M exican C e n tra l........... $ 1 ,7 3 1 ,9 8 6
1,3 4 9.78 0
Ohio. Burl. * Q a lo o f .
8 7 0 .9 0 7
U n ion Paoitte......... . . .
A tcli. T o p . a: S anta Fc.
8 43 .82 8
6 4 8 ,1 4 9
B altim ore A. O h i o ........
5 09 ,63 8
M ex ica n N a t i o n a l ___
5 6 1 .0 * 1
C anadian P aeiflo — .
4 3 5 ,3 1 3
K an. a P itts. * G u lf*.
4 1 2 ,5 2 6
S ou th ern R a ilw a y ____
t "hessapeake A O h io . . .
3 3 2 ,0 8 8
2 81 .90 1
Illin ois C e n tra !........... .
2 1 1 .9 1 9
Sr J os A U r, I s la n d .,,
Erie
..............................
165,1 OS
153.111
G eorgia < A la b a m a . . .
fc
1 5 2 ,0 9 9
.............
1 4 7 ,3 7 3
O regon S hort L m o ........
1 28.241
Spok, F a lls fc N .rt!j"n.
121.919
U n P a e, D*nv. & G u lf,
1 15 .19 9
F ;a Coat. & Penittuula
N asliv. Qhatt .v -r I ...
1 1 1.204
1 0 8 .3 8 4
Moat. A M rs. G u lf— ,
105 ,61 8
C lev. Cm . C b. & St L.
102.200
K a n . O. Ft. S & M em *
D ecreases.
P e n n sy lv a n ia !............... $ 1 ,7 3 2 ,8 5 6
Phil. & R ead . &. C A I.
1 ,6 9 9 ,8 9 0
d u o . & N orth W est’ll*
1 ,1 3 7 ,4 1 5
L V .R R . t L , V O u »l.{
9 9 5 .S 5 7
Chic. M ilw. * St. P aul
8 6 5 ,6 2 2
Del. L ic k , b W e ste rn .
6 2 4 ,3 9 2
N o rfo lk & W estern ___
5 4 4 ,1 4 1
L. S hore & Utah. S o . . .
5 0 1 ,6 7 6
W A bash............................
4 3 6 ,8 8 5
D u lu th So. 8h. & A t l..
3 2 7 ,2 9 1
D en ver A R io G ran d e.
2 9 3 ,2 6 2
Burl. Ceil. R*o, & No.
265,853
C ent’ ! o f N ew J e r s e y .
2 1 5 ,9 9 7
N. V. C hic, .fc Sr. Lo US
2 1 0 .2 7 7
D e l a w a r e * H u d s o n .1 8 6 .59 5
F itch b u rg .....................
1 8 2 ,8 3 9
B o sto n & M aine...........
1 5 9 ,6 8 7
Chit: At G r a n d Trunk*
1 5 7 .5 8 4
liuv t C e n t r a l ...............
1 5 3 ,3 2 2
N orth ern P a cific*................................. 1 5 2 ,9 7 8
• 'd o r a d o M id la n d ........
1 5 2 ,4 9 2
N ow E n g la n d ..
1 4 9 ,5 7 1
G r. R a id d s & I (tdi t o o
1 1 4 ,2 3 0
S um m it lir.fc L y k . V .*
1 1 0 ,93 1
T o ta l (re p re se n tin g
2ft r o a c h )............... $ 9 ,6 8 4 ,6 9 3
Total (representing
------t
37 r o a d s )..............$ 1 1 ,3 7 6 ,6 1 4
i C over- line* d ire ct')- o p e ra te d en-t an d w e * ; o f P ittsb u rg ; the g r o s s
on E astern l l .e * • ■
!> ,.-re i-.- i. $ 7 1 5 ,7 9 2 en d o n W estern lin e s 8 1 ,0 1 7 ,0 6 4 .
F o r five m ib Uh to M ay. 3 1.
; F o r se v e n m o u th s to J u n e 3 0.
p r in c ip a l c h a n g e s in
NET
I fic r e iiio * .
CM o. B url & Q a l n o y ...$ 1 ,2 8 1 ,8 1 5
P en n sy lv a n ia! , . . . ___ 1 ,1 1 3 ,4 3 1
C a o tw ltn Pae Ilie ...........
5 5 4 .1 5 6
M exican C e n tra l---------4 77,141
4 2 9 4 JO
Southern Partite ...........
S outhern R a ilw a y .........
4 2 0 ,3 6 1
M extern N a tio n a l........ .
3 * 5 ,7 0 8
3 8 1 ,8 9 5
U nten P u cllle........... . . .
I.**It V .R R and 1. V .C oalJ 3 5 4 ,3 4 2
Boston A M aine ..........
3 0 1 ,1 0 t
New Y ork C e n t r a l ........
2 7 2 ,* 9 5
N orfolk & W e ste rn ........
2 5 2 ,6 1 4
G ran d T r u n k -.................
24V ..*74
W abash
............. ...
2 0 9 ,5 5 3
- in. N. CM A T e x . Pae
194 .818
K an. a P itts. * G u lf* .. 102.043
H.wton V .C hany ........
181,911
Phil. Warn A Balt
, . 1 5 9 ,08 4
U o. Pan. D en v. A G u lf. 155 ,07 1
N o r ih e n C e n t r a l.........
1 4 8 ,7 3 7
Fla C ent. A P e n te . . . .
X tl 566
M on terey A M ex. G u lf.
135,9 .*3
e a r n in g s in
6 M ONTHS.
lu r r e a s e a ,
St. J o s. * G ra n d tel . . .
O regon lu n '-t ...................
Illin o is C e n tra l...............
C lev, Ctn Chi. t% St. X,..
O regon s h o r t t in e-------M e x ica n I n t e r n a f l * ___
$ 1 2 8 ,2 6 8
1 2 7 .7 1 8
12
" 1 2 0 ,7 9 0
1 0 5 ,1 7 8
1 0 0 ,4 5 1
Total (representing
4 0 r o a d s )............... .$ 8 ,8 | 2 ,1 6 9
D eem aea.
A toll. T o p , A 3. F. . . . . .
Phil- * R ead, an d U. A I.
B a ltim o re & O h i o ........
Del. L ack. & W est..........
u n i. 80. S h ore & Atl ..
wear. N. V Ji P e n n ___
L o n g Isla n d ......... ............
t o w s C o n tr o l...................
$ 1 1 5 ,3 6 3
4 9 7 ,S80
4 3 8 ,8 3 (
4 4 2 ,3 5 5
2 1 1 ,7 7 1
1 4 9 ,6 5 6
1 16 ,2 1 0
1 0 6 ,0 9 5
T o ta l (re p re s e n tin g
10 ro a d s) .................$ 2 ,6 2 7 ,8 3 8
t C a re ts Hue* A lre a d y o p e ra te 1 c a s t and. w a t o f P it t s b u r g : the n e t
o o K ,ste rn l i n o in cr e a s e l $ 9 6 8 ,3 1 9 a n d o n W estern lin e* $ 1 4 4 ,5 1 4 .
• F o r live m o .H i* ! . M ay 31.
; F o r seven m on th s to J a n e 3 0.
5 F o r S t e m ou th * to J o n e 3 0.
With references to the showing for June considered
by itself, while there are only two groups that have
fallen behind in the gross, namely the Anthracite
Coal group and the Middle group, the same two
groups, together with the Middle Western and the
Southwestern, have fallen behind in the net, making
four altogether. In these last two instances the loss
in the net in the one case is due to largely aug
mented expenses on the Illinois Central and in the
other to heavily augmented expenses on the Atchi
son. Below we show the June results for a series of
years.
Y m f an 4 f
Q rm t Earning*
N il
U it r n in ji
nwnkm | T e a r | T m r I Xntrmn orjj Y ear
ofrw 4». i OY'tn. Prem dtm A ■Dtcrmm, [j Given,
Jam
\m
f
|
cm*!
mMotm
is03 n n j
| Ttar
j Precepting.
4
1
17,515,4011 10,7 <
5.575
Increase o r
Decrease*
1
+749.831
•H. 015, DIO
—4,510,741
+ 1 ,5U1,058
+501,819
+1,418,311
H*IS<8f*j 4 4,34* 476 (
+ U t 3 ,l 0 f j 17,774.8011 10,73^759
Q 1 0 ,1 3
im (m>\ m M lM i m ,un,im -10,37".I.H | 1 .6 1 3 u .m .m
12,769.758
m . m *?,m&*&*i\ +8.02SS08 14.290
2/175.041 |1 ,3 .6 h 13330.751
43,222.^3! +
4 »?2 7 J
13,483,262
I W f l l l i l 53. Ii.7.0571 *l.7»!4R
* ,7 5
W 4 1 0 , I U , QM.hml
i '« U ij
IH
i m <24
17
In the following we indicate the principal losses and
gains for the month.
PRINCIPAL
cnAMOtss in
6 IIO N S
Mexican Central. . . . . . .
Canadian Paulite,........
c h ic . Bnri. fc Q u in c y ...
Atoll. T o p e k a & 3. f a . .
Erin......... ........................
U nion P a cific
. . . . ___
iv osFlvamnj ..............
Chic. Mitw, A: St. P a u l.
M exican V itio n a l___ _
O regon S hort Lino . . . .
Noel) C h it, a s t l . . .
Sou hern R a t iy a y . . . . .
Km G rande V W a ie rn ...
Oregon nil. * ,Vav......
C hesap eake A O hio . . .
Greiroa Irnpvt. On.........
e a r n in g s in
JU N E
luc.reaaes.
I ix c r c a a e * .
$ 1 4 3 ,9 0 5
3 3 1 ,3 5 6
2 9 7 ,55 5
2 9 3 .2 7 8
2 4 3 ,3 0 9
1 5 9 ,5 3 3
IBS 911
1 1 3 .6 2 0
9 6.9 93
88,1 74
73, m
7 0,0 21
4 7.9 35
4 6 .1 0 9
4 1 ,3 3 2
3 3 ,0 9 ;
Minn. & St. L o u ie ,........
$ 1 4 ,9 2 0
T o ta l (rep resen tin g
23 ro a d s)................. # 2 ,4 8 0 ,1 0 0
O ecreaae*.
Phil, fc R-art. 3 i il •! fc. 1. # 2 7 7 ,7 9 2
Lell V HR. and h V.,Joal
2 2 7 ,2 7 0
Mortals .fc Western. . . .
102,913
36. Lom e fc 8 tn F r a n ...
C lev. C m , C hic. * St, L.
D en ver fc R io G r a n d e ..
Minn. 36 P. & .9 St. M .
W a b a s h ............................
5 6 .0 6 0
5 3 .3 6 0
3 9 ,( 3 1
3 8 ,7 5 5
8 0 ,9 7 8
T o ta l (re p re se n tin g
10 ro a d s)..................
$ 8 2 6 ,3 5 9
* C overs Hoes d ir e c tly oun rated b o th n i » t an I w est o f P itteb iirg a n d
E rie Th* gro>* on the Easte , lines m orsa-n d #79 ,73 ( ami ttto gro ss
on the W. stern li re* io cre .is e d # 7 t , 0 '9 .
TH E
30b
PRINCIPAL CHANOK8 IN N E T EARNINGS IN J U N E .
In c r e a se s.
Pennsylvania!..........
Oauadian Paoilo..........
Ohio. Burl. & Qaiuoy...
E r ie ................................
Wabash ....... ..................
Oregon Short Line . .. .
Ohio. vili. & St Paul...
Southern Kail way........
Mexioiii National.......
Me&iotn Central.
Nash v. Chat. 4; 8 1. Louis
Oregon Improvement..
K l o Grande Western. . .
Oregon RR & Nav.......
Colorado Midland........
$595,720
262,124
144.U0
120.579
91.93 !
89,946
8*1,997
79,034
65,779
61,134
50,341
45.441
lu c r e * * ,* © * .
L*U V a l. R R <feL V .O o a l
U n io n P a c lflo ..............
Ciu. N. Orl. & Tex. Pac.
$ 3 4 ,4 6 6
3 3 ,6 6 3
31,965
T o t a l (r e p r e s e n t i n g
2 5 r o a d s ) .................. $ 1 ,9 0 3 ,5 5 7
D e crea se*.
P h il. & R e a d a n d 0 & 1.
fll nois (J-'Ot U ........ .
West V. Y. & Penn . . . .
Minn Sc. P. & 8 . St. M..
40,8 »5
36,579|
$214 757
164.810
5 5 ,7 2 5
46, *19
Total (representing
5 roads)............... $431,311
t H o v e r s l i - e a d i r e c t l y o p e r a t e d e a s t a n d w e s t o f P it t s b u r g a n d E r ie .
T b e n e t o n th e E a s te r n lin e s in c r e a s e d $ 3 3 3 ,4 9 4 a n d t h s n e t o n t h e
W e s t e r n lin e s I n c r e a s e d $ * 6 2 ,2 2 6 .
The summary of groups for the month is as follows:
SUMMARY BY GROUPS.
SkflTlON Oil
Group.
Jun e.
Trunk lines..(10)
A n th ra . c o a l.i? )
E ast. A M id.(14)
M id. W eat’n j l ? )
N orthw e8t’ n (l0 )
B ou th w est’n.(12>
P a cific C oast (10
S o u t h e r n ....(281
M e x ica n ......... (3)
T ot
m ir M f l)
N et Earnings.
Gross Earnings.
1897.
1897.
1896.
I
15,570,590
7,708,087
2,378.07'
3,114.808
0,864.873
4.220.934
5,156,275
0.720.105
1,603,255
f
15.260,708
8,301,482
2,444,023.071,220,407,413
3,985,620
4.426.800
6,570,844
1,217,210
53.457.057
51.751.399
1890.
*
4,492.275
l .? 8 W
591,598
000,347
2,413,590
967.034
2,078.577
1,802,809
577,571
I nc. or Dec.
*
3,88 ),833
1,593.579
035,541
748,655
2,25 <,904
98 2.008
1.508,052
1,561,500
447,115
1 1 9 4,563 13,480.252
I P . O.
*
+302,437 2P75
-212,91- 13-30
—43.94 < 0-91
—148.3 8 19 81
+150,692
6 94
-15,004
1-53
+510,525 32-50
+333,309 15*24
-t-130,456 29*22
+1,418,311
10 52
The following is the detailed statement for the halfyear referred to further above:
EARNINGS OP UNITED STATE3 RAILWAYS JAN. 1 TO JUNE 30.
-G r o s s —
1896.
1397.
New England—
$
*
B angor A A ro o s to o k .
339,277
374.333
B oston A A lb a n y ......... 4 .4 0 1,MU
4,413,469
0,30.1,1.32
B oston & M aine.......... 9,143,445
111.640
130.054
B os. Key. B ’h & Lynn.
12,406
12.720
B rldgton & S. R iv e r ..
F itch b u rg ...................... 3,338.918
3,521, **07
N ew Eugland................ 2,500.914
2,650,185
287.857
P h il. It. A Now B u g..
327, <01
98,029
V e r m o n t V a lle y .........
89 383
T otaU O r o a d s ) .... 20.288.253
20,784.610
1891.
*
139.241
1,420,929
2,760,904
40,6.1
4 /4 5
834.463
670 519
96.477
17.488
5.985.317
T ru n k Lines—
B altim ore A O hio. ..
B. A O. S ou th w est’n.c
C lev. Cln, Ch. A St. L .
P eoria A E a stern ....
E rie ............. ....................
G rand T ru n k r..............
blc. & G r. T ru n k .c.
et. Gr. H . & vlllw .c
L a k e Sh. A Mich. S o . .
M ich . Cen. & Can. S o.
N. Y. Cent. A H u d. R .
N. Y. Chic. A St. L ....
P e n n .- E a s t P. & E ...
W e s t P itts. A E r ie ..
Ph ila. & E rie............
P itts. 0. C. & St. L ..
Pitts. Y ou . & A s h ...
W a b a s h ..........................
8
1837.
.
5,5:6,538
1890.
5.742,595
38.831,027
1897.
1.809,350
.
R eu ss. & S a ra tog a ... 1,0«2,32S
1,021,414
294.108
4 24.471
N. Y. < C an ada........
c
407,521
101,017
1.903,207
A lb a n y A S u sq _____. 1,721,478
6 >0.534
D el. Lack. A W est’ n 2,812,3 U
3,415,101
N. Y. Lack. A W est.
1.082,085
373.037
Syra. Bing. & N. Y . .
155,149
3*4,029
L eh igh V alley R R .C . 9.0 13 812 10.077,183
1.7>1,29.)
L eh igh V a lley C oa l.f.. 7.837.833
8,4-50.374 d ef.231.t3i
1,732,108
1.707,097
N. Y. Out. A W estern
417,38)
1,031,915
N. Y. Susq. A W e s t ... . l ." 0 1,200
446.114
9,816,805
Phila. & R eadin g.......... 9,427,257
3.759,577
Coal & Iron . . . .......... 9,00 i. 651 10.375,993 def.500,448
8 u n m it Bra ache.
333,362
401,815
d e f.9.705
330,649
37 .027
L yk en s Valleyc,
14,381
T o ta l (14 r o a d s '..., 51,383,592 55,207.410
9.010,0)4
1897.
1896.
1897.
M iddle S ta te s $
$
?
100.331
A dipon dsok. —. . . . . . .
32.985
90.029
A lle g h e n y V a lle y ....... 1,151,7 <4
433. <76
1.151,0 >5
Bath A H am m on dsp..
10,181
409
10,301
1,542.751
Buff. R och . A P ittsb ’g 1,552.242
484.545
2 70 003
B u ff & S u sa u eia n n a ..
2 40,507
124.107
3 V .21 «
C um berland V a lle y ...
9 <,491
390.593
112,474
272.421
F all B r o o k ....................
311.217
26,117
24,399
H o o s . T u n. A vVlloa..
II 384
17 1.610
151.096
L eh igh A H udson. ...
04,521
1,080,942 £1,005,2*0
L on g Is la n d .................
3*1,444
N. Y. Phila. A S o r t ...
437.443
78.193
477.9 >9
54.074
N. Y . A R ock. B ea ch ..
01,-07 def.23,412
2,9 .\ 6 8
3.028,391
N orthern C en tra l. . . .
MI2, -09
P h ila. W ilm . A Balt.-j. 3,033.771
3,597,246
94 J.877
47,214
P rosp. Park A C. Isl .
def.8,3 *1
43.358
9.813
S to n y C 'v e A Cat. Mts.
11.459 d e f. 1.501
285,4*0
8 vr. G en eva A C orn’g.
312.562
58,534
U lster it D e la w a re ....
171,447
183.585
39,579
0 '7.123
W o s t Jersey A Seash. I .
175.H0
1.0'.9. l«2
23 ),0 13
W est. N. Y. A P en n ... J,
1,385,513
279,6 '6
30,375
Y o r k S o u t h e r n ...........
31.057
9,114
T ota l (21 r o a d s )...
Middle W estern—
C h ic. A W est M ic h ....
C lov. C *nton A S o .___
C lev. Lor. A W h eel’gc
D e t. Grl R .A W e s t ....
D e tro it A M ackinac...
E lgin J o lie t A E ast’llc
F lin t A Pero vlarq . ..
G r. Rapids A Indiana.
- N e t ------------------------ *
1896.
Inc. or Dec.
$
$
127,623
+ 11.018
+ 16 .94*
1,258.985
2.458. -93
+304,403
13,073
+27,573
2,985
825,0-2
638,771
92,029
22,355
+1,880
•+9.391
+ 3 ,7 48
5,437,399
+ 547,918
+4 + 4*
-4 .8 7 7
1897.
Middle W e s t.-{C o n .)
*
Illin ois C en tral............ 10,0 8,949
In Man4 111. & I o w a ...
39 ), >72
Iro n ..................................
18.01)
K anaw ha A M ich___ _
213,0)7
34,809
Lake E rie A ll. & 80...
Lake E rie A W estern . 1,635,748
00, 16
M anlstique ..................
P eo Dec. & Evansv.fi.
278,-00
8 ',9 -1
Pitts.C har. & Y ou gh ’ y
Pitts U sbon & W est.
2 '.8 *8
Pittsburg < W e-u ’n c 1,039.005
fc
80. H aven & Eastern.
10,787
T .ile lo A O h io ' lout. .
825.07»
420,6*9
T > P eorl i A vVest’ n.
1.
38,892
W a b ,C h e s . A W e s t ...
1896.
S
10,374,048
401,904
24.32)
230,0 T
3-1,540
1,69 *,435
60.104
282,0*6
89194
20,008
1,107. 28
9.375
872.711
479,011
44 794
18)7.
*
2,955,4n0
124. 79
4,888
15,8 3
4.202
037.896
19,158
55,924
34.7> 2
0,96t
272,407
d e f . -00
234, <27
114 017
6,036
T otal (23 r o a d s )... 21,101,420 21.280.220
1897.
1890.
N orthw estern—
$
*
2 .1 2,080
Burl. Cod. Kap. & No.. 1.810,833
10.941.818 15,59 d, Its
Chic. Burl A Q uincy..
Calc. Mil. A St. P a u l.. 13.74-*.4 '2 14,014,104
*09,405
•0 ),171
C hicago A So. P acific
Chic. & N orth W e-d.r. 11,38 ) 488 12,52 >,9 3
73,-<75
Des M o. A Kan. City..
53. 65
1*2.960
213,9 3
Des M oines North W .
092,59;
1,019.882
D uluth So Sh. A Atl..
7>0 111
90 )1 3 3
Iowa C en tral------------181.577
200.918
K eokuk & W estern. .
9)9,319
8 7,277
M lnnean. A St. Louis.
1.593,227
1,882 90 *
Minn. St. P. A 8.3. M..
1.021,393
W iscon sin Cent '•air- . 1,571.394
5,8 21,59 2
1897.
*
588.317
6.27-1.09 »
5.124,35 5
303,944
4,1 .194
10 257
28.193
105,745
213,251
40,5)5
31 ',990
5 ' 3 284
+72.4 '0
T o ta l C13 road s). . 50,297 70) 51,8)8.-102 18,2)5.211
1890.
1897.
1897.
Southw estern—
•8
$
8
3H,l05
35.799
def.1.015
Arkansas M id lan ds...
2,707,442
A tch. T op . & S m . Fe.. 14,431,0 *0 13,590,2)2
4'i3.7 12
481.941
112.0 7
C uic Oklah & G u l f ...
795,14-2
,917634
179.369
Colorado M idland.......
5.058
6,241
2 881
C rystal............................
3,468,916
D enver & Rio G rande. 3,175.0.4
1,333.308
21,132
24,493
Eureka Soringsc..........
9,381
492,022
43 .077
85.274
Ft. W . & D env. C ity ...
1,801,054
584,705
Kan. C. Ft.S. A Mem.c 1,903, ?54
Kan. C ity N orth w est.
1+1,269
124.2 >7
2 3 /9 8
722 825
2-7.512
252 28 »
K. O. P iltsb . A G u lfc.
175,53-1
2-9.05)
07.480
Rio G rande Southern.
288.205
St. Jos. & G d . Is l’ d . . . .
503.124
1" 2,925
2,872.3 IS
2,918,6581,09 ',312
St. Louis A Saa Fran.
777.253
67u 2 >
L
124.759
San. An. A Ar. Pass.c.
93,311
T e x a s Oentralc . . . —
87.290
6,475
403.37 a
1,482.282
CJu. Pac. Den. A G u lf. 1+ 81,2 )1
97.5 L9
104,293
W a co A N o rth w e s’n ..
33.454
T otal (18 ro a d s ).. 28.33 ),04 4
1897.
Pacific Coast—
$
A tla n tic A P a eiflc.c... 1,625,389
Canadiau P a cific......... 9,712,094
13.043
N evada C en tralc.........
N orthern P a clfic.c___ 6,083 523
O regon im p rov em en t. 1,008.5)7
*,■<‘6.0 ’5
O regon Sh. Line —
Rio G rande W estern .. 1,173+95
3an Fran. A No. P a c..
334,029
Southern P acific (o)c.. 18,3 58,924
G al.H ar.A San A n t.c 61, -10.574
6110,502
Lou isiana W e st’n c ..
M ’gans La. A T ex.c.. 62,100.867
N. Y. T e x . A M ex.c... 6116,751
T e x a s & N. O rl’ns.c.
6034 28b
P acific S ystem c.........612,220,S"7
3l0.< -44
SDOkaue Falls & N o ..,
U nion P a cific >•)»........ , 8,0 1,(92
U nion Pac. R ailw ay 66,723,2 >5
Central B r a n c h .......
62 8,8*1
L e a se d L i n e s . . . . —
6209.799
T o ta l (18 r o a d s )... 49,949.935
134 902,192 139.0)8,301
A n th ra cite Cox l-
L5.0Oi.717
1897.
$
753 609
311,302
477 04“
0 10+05
204.289
459,976
1,318,433
1,150,038
15,693.983
1390.
1
731 918
327,128
541,833
545,745
258. 4 *2
543,795
1,337,427
1,204,868
4,050.205
1897.
1
131,911
4L.786
15«.137
137,405
71 412
108.330
315,989
277,190
[V ol . LX'V
C H R O N IC L E ,
1«96. I n c . or Dec.
$
$
2,834.321
+121,085
118,211
+0.008
3 ,"I8
+ 1.870
51.083
+ 1.180
1498
+ 2.7^4
71'.453
—80,557
34,755
— 1V297
* 128 0
— 5. 56
40. ) *5
—11,043
d e f.4 538
+11 502
339, *<95
—07,428
def.5 .21t
+ 1.+ 11
25 ,093
—24,304
123.186
—9.439
17.573
— lo,937
5,871.270
—52 6 ->
4
$
001.198
4.997,040
5.1)2,4 5
275.044
4.010 a7L
10.300
70,5 1
3
377, 16
319,310
80,299
314,345
011710
403.502
*
-7 5 ,8 5 1
+1,2 <1,015
-21,925
+ 2 -.9 0 0
3-08 923
— 9,109
— 12.310
—21 .771
—106.0)5
—33.764
+ 045
— 6 -.420
+ -3,924
17,310,0 >5
+ 91 <.600
1890. I n c . o r Dec •
*
8
def. 1.160
+ 145
3,332.-00
—01 •>.3«3
8 >.0)3
+23.074
2 )8 19 *
—78.-30
43
+ 2 836
1,305.*81
—32.17 3
11.515
-2 ,1 6 4
34.082
+50.592
541,929
+ 12,770
d e f .->,607
r-29,205
00, 37
+192.043
81, * '«
—H .438
44.657
+128,268
+ 15.420
1,053.833
130.850
—6,0)1
11. 37
-1 ,0 1 2
248.203
+155,071
39.237
- 5 . 8 )3
26,975,017
7.256,037
7,340.155
—90 06 1
18)3.
1897.
1890. I n c . o r Dec.
*
§
*
8
375.189
1.562,886
2'1,233
+ *3,9 51
v 151,653
*,
3,007.493
3,103,(37
12. 0*
2,1 L8
893
+ 1.225
1,68 5,020
6.211,501
1,613.600
1, >87,24 L
2 6 105
90,3-7
+127,713
2.5)8,032
1,355,305
1,250,127
+ (05+ 78
1,103.335
423,521
38), )53
+40,108
34, (32
3 42,220
72.421
+ 1,601
18 323,064
5,570.897
5 117,0)7
+ 429 8*0
O2,0 45.5)4
6359,451
6 - 2 8 »+71
601 *,123
6378,870
6173,212
6114.205
6-f-i8,947
61,931,743
6550,9 >0
6375,505
6 181, 85
681+3L
640.548
617+49
6+22,599
654'.740
610 <+10
62+,3>7
6+ 57. 31
612,268,031 64,073,173 63,* 80.285
6 + 3 2 838
137+0 >
157.207
] 09. 1 '
+ 47.9. 6
7,130 585
2.008,227
2,220,5 )2
+ 381 695
66.101,009 62,203.165 62,«»0 +84
6 + 93.831
6 93+81
6 U 5 .-14
6 8 31
6 -37,;)-»3
6145,643
615.770 odef.2»,539
6 1-40 315
48.206,232
10,101,930
14,301,802
+ 1 . 00,008
1896.
1897.
1897.
1896.
Southern Roads—
8
8
8
S
746,499
A la. Gt.. S o u th e rn —
681,029
161+45
124,594
+40.051
Alabam a M id la a d c ...
285 433
254.400
42.475
-f-10,014
3L,8 51
241.017
A tlan ta & W est P o in t
204, "33
97.4 22
+ 8.682
8P.740
2<0,3 44
05.324
A tlan tic A D a n ville ..
20*,253
58,087
+6,737
10, *19
10,407
Birm ingh. A A tlan tic.
1,098
d e f . 1,0 1 1
+ 2 709
Brunsw'k & W e st’n.c.
221+10
239.775
65,224
08,683
—3 459
Central o f G e o rg ia ___ 2,3s ,530
2,4 *3.IL)
70 +43
048,001
+52,962
293,497
Char. A Savannah c . ..
273.914
101,838
77 054
+24 214
C hesapeake A. O h io ... 5,319,-51
5,010,0 3
1,550.7*4
1+31,959
+18,705
Ciu. N. O .& T e x . Pac. 1 719.230
1,050,383
5.*9.491
404.876
+ 1 4, 18
37.134,904
Col. N. A Laurens. ...
23 (+40
172,555
51.752
34+44
+20,2o8
1893.
Fla. C en t’) & P e u in ... 1,289,93)
1,174,.04
463,327
321+01
+141.5 <0
G adsd A A tt. U nion..
4. <80
5.432
1,6)3
— .129
2.7-2
1.850,784
G eorgia...........................
727.100
0 9 )2 3 3
157.505
157.534
—S4
490,611
G eorgia A A la b a m a ...
313. 3)
104,246
89.415
+14,801
400,927
259,758
425,241
116.5 5
+31,350 G «. S outhern A F la ...
76, •
15
+ 4 0 .4O0
97,508
G u lf A C h icago............
18,537
1.7HS
20, <
’*8
2, 91
+3,54 1
+ 8 )3
730,219
105,311
170,227
20+15
—79, ->
81 Jacksonv. T. A K. W..
14,710
+11.005
Kan. C. Mem. A Bir.c..
5 >1,549
400+07
103,230
+24,912
83,283
1,537,895
1)4,812
107, L06
31 + 45
—455,2'0 L exington A E astern.
33.13 1
+ 1.-250
110,094
Louisv. H e n . & St. L..
219,715
212.199
39,034
+12,355
43+22
—4.898
1.7 15. >21
Loutsv.
V a sh v ille ... 9.703.738
9,670,019
+ 3 5 ,. 7 i
3.001 Ob4
—6,0 5
2.991.919
28,H 7
d e f.015.0 )0
28.1-0 d e f. 11,590
+32<,504 M acon & Birm ingham
d e f. >.412
-6.184
423.732
Momp. & Ch «rleston.r
524+42
— 5,34 <
504,192
9 ,882
62.970
+20,900
4 9,334
M obile v Birm in gli’ m.
150.6 -7
131,01)
21,954
+7,082
4,11 )
+17,512
1.72 > 31
.
5 .8,00)
— 198,02 4 M obile & O hio.............. 1,877.3<0
3,9.) V . 01
50 5.452
+ 4I.«11
d e f.268.0) J
Nashv. Chat. A 3t. L ..
-.550, 01
90 L.051
2,438,397
—2 9 < 5 3
820+08
+74,643
d e f.57,481
5,(Jo4. 43
1,3 >8+ *5
+ 17. 77 .V-jrfolk v W estern .... 5, L2<*.I 1
1 1L0.3 '1
+253.014
25,371
N orth ea stern o f Ga.c.
23,803
25,183
b,731
6,707
-1 ,0 3 0
4 “2,34 5
Ohio River ...................
47 ,750
13 *,3 40
14>. <93
— 1.0 >3
311,712
10.2ll.14l
302,205
128+21
151.001
+ 2 5 .(4 0
—02*,487 Petersburg....................
R ico Fred. A P o t’ m ac
372.347
38 .683
3+2,093
J00,53)
+1\50O
189 i.
Inc. or Dec.
1
78.51h
Rlchm M & P etersb’ g..
03, < 1
173,388
47 391
+ 15,330
$
$
1,141.970
386,843
346 9 ’1
+39.927
+ 0.201 3 iv . Florida A W est.c 1.408,321
26,088
Silver Sp.
A
c
83
90.215
57,075
— 7,217
380,5 46
+46.830 Southern Oc ila ay G.. 9,210 9 5
914
Railw
.
3,82S 18S
2,548, 89
2.128.-3))
+420,300
3,175
766 W estern o f A labam a..
300,05)
257.247
1L-.5 6 1
80.10 3
+35,462
48 '.120
+4,419
W .V a.Cent. & Pittsb.e
455,772
472.375
1)7,122
1 j *.109
— 17,347
90.944
+33,503
151,700
W . V irginia A Pittsbc
15 ,750
07,5>4
— 13 301
110.531
- 12.018 W righ tsv. A Tenuille.
38.9 15
4 4.703
9, *>!0
18.0 L5
-8 ,1 1 5
82,860
+29,5)4
5.779
+ 5 ,6 )7
T otal (40 r o a d s )... •48,700 8 3 ! 47,077,801 14, L92.989 12+03. -3
4-1,189,1)0
—10,903
75,515
1897.
£447 0 ’ 4
189 J.
1897.
- L 10,230
)Ie c lran Riarts 1 2.115
*
*
',93 i
6
$
6,507 753
4,335,737
d e f.3 1.2 12
2,191 517
+ 7.8 n M exican C en tral........
1.7 11,370
+477.141
64 j. 472
M exic m In tern at'l.c . 1.233,12)
1,181,7 *0
488 73)
+ 1)0,451
+•146.737
<*<,329
2+99,0)1
763,813
2,399.38 ?
+ 15 *,o64 M exican N ation il —
1,4 40 +25
1.055.0L9
+ 385 7 >6
3*7,0 9
271.749
d ef. 24,173
151,77
+17,8 >2 M exican N orthern c ..
18 (.2)7
-3 3 . *80
032+12
574,123
d e f. i.814
32 (.0 <9
1M4 090
*-313 Mont. A M ex. G u lf ...
9-135,993
53,807
+ 4.729
29,310
w.311.0 0
T o ta l (5 r o a d s ) .... 11+04,407
+10,209
4.592.883
3,530.077 + 1.0 *8,811
144,133
4-28.997
42), 2 <2
—149.0.6 Grand total ( 1 7 Or’ ds) .431,376,193 4)0,110.283 124.799,000
118,038,193 + 8 ,7 o O,m08
8.157
+ 1.057
a Th
rou gn ly
-h a
3.80 <.788
1-189,417 b ased is is changes foon eth e lf o f earnings f o r fu ll year 1893, an d o n it w e h a v e
the
r
presen t year.
1890.
In c. or Die.
/> Not count-id in fo Rings, because in clu led iu earnings o f t h e sy ste m u n d er
$
w h ich this road appears.
$
10 L.073
+ 3 3 841
Figures and co m p r is o n fo r this road are f o r five m o n th s e n d e d M ay 31, th e
07. <88
—25,508 J u n e retu rn s n o t be in g re a d y yet.
148 20*
+4,931
d T h e se are o ld flgures, b u t a c c o u n ts w e re revised in 1890.
80 642
+*0.823
« Figures h ere given a*e fo r fo u r m o u th s en d ed A p ril 30. the M ay and J u n e
94.2U8
—2 ,746 retu rn s n o t being read y yet.
187,071
-24.341
M n this case w 3 g lv j th t figures fo r the seyen m o u th s to J u n e 30 in b o th
325,601
—9.012 years as w e h ave a it th e resu lts f o r th e s ix m o u th s separatel y.
241,078
+36,112
0 Figures are tor fine m ouths e n d in g Ju n e 30 in b o th years.
—
2
THE CHRONICLE.
AOOTST 31, 1897.J
IMPOR'IB AND E XP ORTS OP GOLD AND
SILVER A T S A N FRANCISCO.
’We have received this week fro mi the Collector of Customs
at San Francisco the details of imports and exports of gold
and silver through that port for the month of July, and they
are presented below, together with the figures for the preced
ing months, thus completing the results for the seven months
of the calender year 1897. The imports of gold were slightly
greater than in June, the amount received reaching 180,944,
of which #78,264 was in bullion, aDd of silver there came in
$261,305, of which 1179,971 was bullion. There has been
received during the seven months a total of §51 *,544 gold
and §1,200.470 silver, which compares with §5?< ,751 gold
and §1,267,314 silver fa 1896, The shipments of gold during
July were §8,175, all coin, and the exports of silver have
beeD §471 666 coin and §405,030 bullion. For the seven
months the exports of gold have been §287,026, against
§589,5'3 id 1896 and §5,053,223 silver has been sent out,
against §5.276,184 in 1896. The exhibit fcr July and the
seven months is a,» follows:
MSOBTH or <JOL» AXO 81LVBK At * AX VBINCISCO.
SILVER.
GOLD.
Moimis.
1897
Coin.
Bullion
Total.
$
*
$
April.........
May..........
J u r e ___ _
J u ly .........
7.980
1.P98
31.231'
a,9oo
2,436
1,' 39
2.0-0
72,408
78,3*4
44.712
58.891
123,483
02,680
44,682
7 ‘,4 *2
80.944
Tot. 7 DOS.
32.3e3 465,181
517,544
January...
February..
March___
etroBTS o r
35,732
57,790
91,051
8.6,789
IV,It'
oolo
Coin.
; Bullion.
*
*
10,879, 225,165
3,482 108,741
3.039 133,877
28.451
77,527
33,460 174,011
36.-.* i* 14 3,513
81,334 179.071
Total.
*
236.044
112.2.3
136,M
106,178
*2.-7,471
140.348
201,305
I97,6f*5 1,00*2,805 t.200.470
xxo emvea raow *\n ruixcisco.
SILVER.
*ojrra».
Coin.
BuU’ n
Total.
Com.
Bullion.
$
108,400
301,03s
108.610
4tM>*'2
36,7*20
300,387
471,85*6
$
m
100
8
105,255
*2,940
7,671
51.45*:*
5,01.**
106.554
8,175
Tot. 7 mo*.
'2 36,321
775
287,OOv 1,556.5 Ml 3,406,364
ifiiM f
*
105.25*2
*2,940
«,0U5
51,3-1*
5,1*15
H» .551
8,175
'z tt's n z
1897.
January ..
February,.
March. ...
April........
.......*
J a e e ........
July........
Total.
*
711,030
934, *48
695,9i (s
421,455
644 -71
768.-27
870.726
5,053.2*23
I H a a * t a ^ © a r a m e i;c ia lj$ U Q U s & J * c t t !s
tFro hi oax own oorwapoKUent-}
Cox don, S atcui'.vv , Augu, t 7, 1897.
The most important feature of the week has been the prac
tical arrangements of the terms of peace between the am
bassadors and the six great Power# mediating between the
Turkish and Greek governments. Peace, however, has not
been actually concluded, the Porte, with its usual dilatorinesa, delaying as long as possible the actual signing of the
protocol. Nevertheless all the chancelleries seem now satis
fied that the terms agreed upon will eventuate in a definite
peace « ithin a short time. The terms provide for a purely
military ratification of the frontier between Turkey and
Greece, No Christian subjects of the Greek K irg will be
handed over to toe Turkish Government, bat merely a strip of
territory which will be advantageous to Turkey from a
strategical point of view, in addition to an indemnity of four
millions rt-rlfag, which is to Ire paid by the Greek Govern
ment u> tb« Sublime Porte, To ensure that the Greeks will
carry out the contract, it has been arranged that a Council of
Administration similar t j that which looks after the foreign
debt of Turkey, and which administers the (Mate do la debt
publique of Egypt, shall be appointed at Athens to collect the
revenue and pay over the proceeds to the representati ve of
the Saltan, Greece proteste d (though of course not officially)
against this council being appointed, but tbe protest has not
been regarded seriously. Inasmuch as the Powers having
dec id d that the Greeks being the aggressors, the Turks are
entitled to a reasonable compensation for the expenses of the
war, which Greece, left alone, has no means of raising, she
has no option but to accept tbe terms, which are the best that
the six great Powers coaid obtain for her unless she is willing
to allow the Turkish army permanently to occupy one of the
riclmt province* in the kingdom.
Tbe visit which tbe King of Siam is at present paying to
this country is without significance from a political point of
view; nevertheless a* in Buramh we ore now near neighbors
to Hi* Majesty, his visit to this country ia welcome, and his
3U9
reception by all classes, from the Prince of Wales down, is
most cordial. Wherever he appears in the streets of London
he is received with cheers and raising of hats on the part of
the crowd, and although with the et d of Goodwood meetfag,
which occurred before his Majesty’s arrival in this country,
the London season closed, still everything possible is being
done to make his stay in London agreeable. He will visit
next week the great manufacturing centres in England and
will then pay a series of visits at various country houses.
For the moment the London money market is surprisingly
easy, it being-, in fact, still difficult to place surplus balances
fa the hands of bankers and other large financial corpora
tions, even at the very moderate terms which are now asked
for loanable capital. Under these circumstances the Board
of Directors at the Bank of England made no change in their
official rate of discount at their meeting on Thursday morn
ing last; nevertheless the wiseacres are telling ns that we
may look ere long for a rise fa the value of money. It is
atgued that the immense quantity of grain and ether produce
which you wiil be sending from your side to Europe this
autumn wiil, at least, have the effect of stopping the sup
plies of gold coming fa from you, if it does not more
than offset the balance of your account for wool at d other
commodities which you have recently purchased in London,
Even while gold has been coming in large amounts not only
from your side but from tbe Antipodes and other parts of the
world, the greater part of it has not been retained in London.
It baa been bought up in roost cases at a premium by the
agents of the great State and imperial banks of the Continent.
This money, consequently, is fa no sense available for trade
purposes and will be kept in the vaults of the State and im
perial banks of the various countries concerned.
Added to ail this there are evident signs that the prolonged
torpor which has for so many months past paralysed all
speculation upon the Stock Exchange has at leDgth come to
an end. Consequently it is argued that an active demand for
money must ere long spring up, as it is impossible to carry
on an active speculation without the assistance of the bank
ers at d other grt at financial houses. If the speculation cont nuea it is evident that the money market roust gradually
harden and in many cases it is predicted that ere the end of
the year we shall seethe Bank rate at least double that at
present ruling. Whether this will be ao of course remains
to be seen, but it is perfectly evident that during the ensuing
au uron we shall have to buy large quantities of corn and
other produce from your side, which will naturally have to be
paid for, and cons- quc-ntly the demand for money will be very
much greater than it ha* Been for several months past, anu it
therefore seems reasonable to look fora steady stiffening of
rates.
Although Shorters Court has resounded with the prices
shouted in stentorian voices of Louisvilks and Milwaukees
long after the official closing hour of the London Stock Ex
change, nevertheless the market here is really without in
itiative. When Wall Street is strong our prices rapidly re
spond, but even a small set-back cabled from your side
quickly takes all the life cut of the American railroad market
in London.
If the present activity, which I may add is confined purely
to the professional element, continues long enough, doubtless
the general public will take a hand in the deal, but so far, at
any rate, the man who buys 50 or 100 shares and takes them
up and puts them in a strong box is conspicuous by his
absence in this section,
By far the most active market tbi* week has been that for
South African mining securities. The speech of Mr. Ch a ra
te rlain in the British House of Commons on Thursday of last
week has made a mi st favorable impression in the city, in
which, your read- rs will remember, the Colonial Secretary
stated that no further action, so far as the Government is
concerned, would be taken with reference to Mr. Cecil
Rhode?, and that tbe British South African Company would
be allowed to retain possession of its charter. Certain modi
fications wiil, it is said, be made in the ad ministration of the
company, especially so far as South Africa is concerrud, but
this will fa no case affect the interests of the share holders,
either British or foreign,
There has been an active speculation in what are techni
cally termed here “ Chartered Shares” , and the din from
what is known as the Mining door of tbe Stock Exchange in
Throgmorton Street for over two hours after the house is
THE CHRONICLE.
BIO
officially closed is nearly deafening every evening. Thou
sands of shares have changed hands, and those brokers and
deal( rs who have from the beginning especially devoted them
selves to this market, have made very handsome profits. In
sympathy with the activity in “ Chaitereds ” there has been
a rapid tise in the principal Witwatersrandt properties, Rand
mines being in especial demand in spite of the fact that the
£1 shares are now being quoted over 30. The marked success
of the Gfeldenhuis Deep and the favorable reports regarding
other properties in which the Rand Mines Company is inter
ested are inducing many people to purchase these shares even
at the present price, while those who ought to be in a position
to know, and who are generally regarded as cautious men,
predict a further rapid rise in these shares. In any case it is
considered that the serious aspect of the political outlook is
now part, and consequently the market once more feels able
to study various properties upon their own merits.
Reports from your side are somewhat contradictory regard
ing the prospects of the wheat harvest. Some of the reports
say that the United States will export an unprecedented
quantity of grain to Europe, while other repoit3 say that in
the Far W est climatic conditions have not been favorable to
the wheat crop, and const quently the supply available is by
no means abnormal. Certain it is that while in this country
we have a very rood baivett, nevertheless our home-grown
wheat suffices to feed somewhat less than one-third of our
people. Consequently we shall require about our usual quan
tity. Fiat ce and Central Europe, according to the best
reports ob'ainable, have not by any means had a good har
vest, and it is stated that they will require to import a con
siderable amount of grain. Reports from Russia are rarely
very t ccurate, but such as they are they point to a poor
harvest in that Empire. The uncertainty, therefore, regard
ing the outlook tends to make the market quiet, and
operators for the most part are disposed to await events.
Nevertheless the market is firm, while prices range from 4s.
to 5s. per quarter for wheat over last year’s price. It is
known that in this country, at any rate, dealers have allowed
stocks to run down very much, and therefore the general
impression is that we may at any time see a big rise in wheat
before the new harvest can be gathered in.
The “ Railway News” of London reports the traffic reoeipts
for the week ending Aug. 1 of 55 railways of the United
Kingdom which make weekly returns at £2,132,428, against
£2,075,076 in the corresponding week of last year, an increase
of £57,352,
For the five weeks of the current half-year re
ceipts were £9,289.389, an increase of £231,627.
The following return shows the position of the Bank, of
England, the Bank rate of discount, the price of consols,
& c., compared with the last three years :
[V ol. LXV.
Gold.—There is no change to report, and the demand which has
been alluded to weekly continues in full force. The Bank has re
ceived £124,000 In sovereigns. Arrivals: Bombay, £ 79 ,0 00 ; Austra
lia, £132,000; Cape, *272,000. Total, £ 4 8 3 ,0 0 '. Shipments: Bom
bay. £.20,000; Calcutta, £5,000. Total, £25,000.
! Silver.—With the exception of a strong rally to 26%d. on Eastern
and imperative cash orders, the course of the market has been steadily
downwards; until at the close of to-day s business the price is weak
at25%d. There is no axtpearance of firmness, even at this low level,
and further decline is anticipated. The Indian price to-day is Es. 69
per 100 Tolahs. Arrivals: New York, £211.000. Shipments, Bom
bay, £66,300; Calcutta, £22,520. Total, £88,820.
I Mexican Dollars.—In sympathy with silver the price has receded.
The. market Is now nominal, with no supplies. Shipments to Penang,
£12,100.
The quotations for bullion are reported as follows:
G old .
A ug.
Bar gold, line___ oz.
Bar gold.parting.oz.
8panish, old........ oz
New................ . oz.
U .S. gold coin...oz.
Germ’n gold coin.oz.
French gold coin.oz.
*.
77
78
76
76
76
76
76
A u g. 0.
Paris..............
Berlin..............
Hamburg......
Frankfort. ...
Amsterdam....
Brussels.........
Vienna..........
St. Petersburg.
Madrid..........
Copenhagen...
Bank
R a te .
J uly 30.
Open
M arket
J uly 23.
B ank
R a te.
Open
Market
1%
ax
2X
2X
m
2
m
2
3
3
2H
3
3
3
8
4
6
5
4
2X
2
2
3%
IX
4
4
3
3
3
8
4
0
6
5
2
IX
4
5
B a nk
R a te
2
Bank
R a te.
m
2%
S
3
3
3
4
6
5
5
Open
M arket
2
m
3
3
, 3
3
3
4
6
5
5
2X
2X
2%
2
SH
IH
4
5
2%
2H
2X
2J4
2
3%
m
4
5
The rates for money have been as follows :
Oven M arket R a tes.
Interest allowed
fo r deposits bv
«
B a n k R ills.
Trad e B ills.
D lsc't H s i
Join t
Three
Three
Six
F ou r
Faux
S ix
Stock A t 7 to U
0 M onths Months Months M onths M onths M onths Banks. Call.
3
Days
13-16 15-16@1
July 9 2
m
“ 16 2
1316 15 10@1 i m m
+
“ 23 2
13-16
15-16
“ 30 2
13-10 15-16@1
1=8
Aug. 0 2
l
%
1^
* i%@i t-ifl.
IH 1%®1%
IX
IX i x m u
IX
1&1X i x ® i x i x @ m
1
ix
ix @ m
IX
1%@1% 1-K®2
s.
d.
11%
0
0%
1%
5%
3%
3%
77
78
76
76
76
76
76
111a
O
0's
1%
5%
3%
3%
5.
J u ly
29.
d.
Bar silver, fine. -.oz.
Bar silver, oontain’g
do 5 grs. gold.oz.
do 4 grs. gold.oz.
do 3 grs. gold.oz.
Cake silver..........oz.
Mexican dollars.oz.
d.
2504
26%fl
26*4
2 6 i,ft
2 o7q
2734
251
8
26is18
26%
26»18
28%
25%
IMPOSTS.
1896-7.
1895-6.
1894-5.
importsofwheat,owt.fil ,228,250 63,894,910 70,825.856
Barley..........................20,312,900 2 0,7 5 6,7 '2 23,767,384
Oats............................ 16,842,6 0 13,186.580 1 4,'61,217
Peas ............................ 3,i'85,645
2,348,760
2.157,739
Beane........................... 2,531,280
2,965,912
3,965,962
Indian oorn................. 54,649,660 39,915,070 24.' 74,404
Flour............................ 18,667,420 18,433,510 18,052,330
1893-4.
61.346.764
29,462,686
12,770,315
2,161,862
4,982,335
31,706,853
17.924.863
Supplies available for consumption (exclusive of stocks on
September 11:
1896-7.
1895-6.
1894-5.
Wheat imported, cw t.61.228,250 63,994,910 70,825,856
Imports of flonr...... .18,667,420 18,433,540 18.052,330
Sales of home-grown. 23,501,608 14,212,354 19,864,812
1893-4
61.346.764
17.924.863
19,775,112
Total................... 103,397,278 96,670,804 108,742,998
1896-7.
1895-6.
1894-5.
sver.prioe wheat, week.28s. iOd.
23s. 8d.
24s. 2d.
Average prioe, season.,28s. 8d.
25s. Od
21s. 2d.
99,046,739
1893-4.
21s. 8d.
25s. 6d.
E n g lis h
F in a n c ia l
H a r k e t s -P c r
C a b le .
The daily closing quotations for securities, &o. at Loudon
are reported by cable as follows for the week ending Aug. 20:
L ondon .
S a t.
M on.
25%
112%
112qa
105-00
15%
31%
72
22%
95%
48^
17%
42*4
108%
178
61%
67%
16
108%
18
36
50%
56%
13%
113g
35 *4
13
19-%
T u es .
25%
25118
11234 112%
1125 fl 112318
105-00 105-10
16%
15%
32%
33%
7334
72%
2204
23%
96i2
97%
51
50
18
17%
4234
43
109% 109
179
1 /9
63%
62
6734
67
16%
16%
109% 109
17%
17%
35%
35%
51%
51%
57
57
13%
13%
11%
u%
35%
35%
12%
13%
19%
19%
W ed .
T h u rs.
F r i.
24
24%
24%g
112%
112 %
112
112%« 112%
112%
05 02% 05-02% 104-90
15%
15%
15%
32%
32%
72%
72%
72
23%
23%
23%
96%
95%
96
49
49
17%
17
17%
41%
41%
41%
108% 108
108
179
179
61%
61
61%
66%
65%
67
15%
15%
15%
108% 108
108%
17%
17%
17%
36
35%
35%
50%
50%
50%
56%
56%
56%
13%
13%
13%
11%
n%
11%
35
35%
35%
123s
123s
12%
19
18%
18%
J uly 10.
Open
Market
3
d.
A ug.
The following shows the imports of cereal produce into
the United Kingdom during the first forty-eight weeks of
the season compared with previous seasons:
Stiver, per ounce....... d.
Consols., new, 2%p.cts.
For account...............
Fr’ch rentes (in Paris)f r.
Atoh. Top. & Santa Fe.
Do
do
pref.
1896.
1897.
1895.
1894.
Canadian Pacific..........
A u g. 5.
A u g. 4.
Aug. 7.
Aug. 8.
Chesapeake & Ohio.......
£
Circulation..,,.......................... 28,495,385 27,820,735 26,769,640 20,239,695 Ohio. Milw. & 8t. Paul
7,2;8,132 . 6,186,890
5.491,992
Public deposits.................
5 754,280 Denv. & Rio Gr.,pref..
common...............
Other deposits ....................... 41,245,477 55,305,055 42,977,068 37,591,120 Erie, preferred..............
1st
Government securities............ 13.783.480 14,950,995 14,795,425 12.067,381 Illinois Central..............
Other securities ....................... 28,648.320 28,509,097 23,595,478 19,762,356
Reserve of notes and coin........ 24,290,923 30,122,412 28,130,414 28.951,023 Louisville & Nashville.
Coin & bullion, both departm’ts 35.986,303 47,143,147 38,096,054 38,391,318 Mexican Gentral, 4s ..
Mo. Kan 's Tex., com..
58 9-10
Prop.reBervetollabillties..p. o. 49 1-16
68%
sm
N. Y. CentT & Hudson.
2
2
2
2
Bank rate.................... per cent.
N. Y. Ontario & West’n
T
107 1-16
Consolb, 2H per cent...............
113M
113%
102*4
Norfolk & WeBt’n, pref.
26^d.
Silver.................................. .
30Md.*
28 13-10d* No. Pac. pref., tr. recta.
s im Clearing-House returns.......... 146,667,000 161,042,000 124,416,000 94,460,000 Pennsylvania................
Phila. & Read., per sh..
* August 8.
South’n Railway, oom..
Preferred...................
The Bank rate of discount and open market rates at the
Union Pacific.......... .
ohief Continental cities have been as follows:
Wabash preferred___
R a tes o f
In terest at
Silver .
L o n d o n S ta n d a rd .
J u ly
2 d.
5.
L o n d o n S ta n d a r d .
X
X
X
X
X
X
X
X
X
X
H
H
H
H
H
Messrs. Pixley & Abell write as follows under date of
August 5 :
®ommer ctaX autl I^XiscelXaixemts
I mports and E x p o r t s f o r th e W eek .— The following are
the imports at New York for the week ending for dry goods
Aug. 12 and for the week ending for general merchandise
Aug. 13; also totals since the beginning of the first week in
January.
FOREIGN IMPORTS AT NEW YORK.
1897.
F o r w eek .
1896.
1895.
1894.
$1,166,473
5,457,277
$2,492,199
7,004,150
$6,623,750
Total — ..
S in c e J a n . 1.
Dry goods....... $91,955,988
Gen’l mer’dlse 242,244,042
$9,496,349
$11,287,710
$7,707,821
$73,287,402
215,995,246
$92,077,949
229,445,171
$51,874,113
217,528,870
Dry goods.......
Gen’l mer’dlse
$3,079,793
8,207,710
$2,034,901
5,672,920
Total 32 weeks $334,200,030 $289,282,648 $321,523,120 $269,402,983
The following is a statement of the exports (exclusive of
specie) from the port ot New York to foreign ports for the
week ending Aug. 16 and from January 1 to date :
EXPORTS FROM NEW ST R FOR TIIE WEEK.
OK
1897.
$9,105,569
For the week..
Prev. reported 243,193,580
1896.
1895.
1894.
$7,510,488
227,349,810
$5,223,765
201,652,431
$6,313,924
222,174,663
Total 32 weeks $252,599,149 $234,860,298 $206,876,196 $228,488,587
THE CHKONICLEJ
A ugust 21, isy7.j
The following table shows the exports and imports of specie
at the port of New York for the week euduig Aug, 14 and
since January 1, 18117, and for the corresponding periods in
189b and 1893:
EXTORTS ISO lUt'ORTS OP SPECIE AX SEW TORE.
Imports
E ro o rtr
Qotd,
Since Jan.!■
311
■Mmir.— - — -x ----------W h ea t,---------x r------------C om .— ------ v
W eek
Since Sept.
W eek
Since Sept.
Week
Since Sept,
Aug. 14. 1. 1896.
Aug. 14. 1 , 1896.
Aug. 14.
1. 1896.
bbls.
t>m
h.
bush.
bush.
bush.
Dolt®a EingdoxQ 165,803 7.im.749 1.677.284 453 0^600 2.t 97,841 8 h 920,337
#98,634 1.970,7o0 14 554.238 1,901.022 b0.405,432
C n t ln e n t ...........
lo.S t'l
........
3U
2.687
S SC. America.. 1S.M3 1.020.273
1,519
207,578
West Indies,.. .. 50,778 1.05# 658
84.299
1,255,584
4,054
5,800
426.795
Brit. X. A. CoCa.
l.iwVsts
O ther eodn tries..
2,000 1,868,752
MSM
E xp ort* fo r
week and Hnce
Sept. 1 t o -
Total..........
255.429 11,5"S012 3 613,014 01,19 955 4,092,081 168,070,178
250.258 11,728.202 1,133,187 47,752.557 2,451,543 89,600,14 3-
Since Jan. 1.
Week.
.■§979,660'
15,477,473
11,780,000
472,477
2.030
1
1)17,067
750,200
........
.......... .
$348,475
1,511
24,687
250
4.77,987
173,415
N o w V o r * .....................
760.000
Do
a flo a t.............................
j$29,82.9,907:
i 50,927,642!
43,818,615
$344,834 $2.737,412
38.450 19,025,668
48.822 21,779,6*9
ChlcatQ.................. 2,521,000
Week.
Great Britain..........
France.................... '
Germany................
W e s t I n d i e s ___ _____
Mexico ....................
Sooth America.......
AH other countries i
Total 1497........!
Total 1896........
Total 1893.........
I
Exports,
S ilv e r .
Week.
France......................
Germany................
West Indies.............
M exico....................
T i l 'd
...........
8<mtH A m e r i c a . —. , ;
All otter countries.,
Since Jon. 1.
155,333
1,963
.$917,319 f29,286.«28
1,046,845 32,290,510
805,217 22,971.604
T ou l 1897........
Total 1-96...... *
Total 1603........
The visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
10 seaboard ports, Aug. 14, 1891. was as follows:
1,880,4 63
iVh.jlt.
Oats,
C om ,
R y t,
B a rle y
92.818
bush,
imtonat—
bush.
2
m»h
bush.
$112,R99
m
u
Do
Do
f f i J
«*' , &
»
a f l o a t . . .. ..
........
a f l o a t . . . . . ...................
u 2 .,om
Milwaukee.............
Do
afloat...,.............. .
Djlaifi ...............
1,053,000
Do
afloat....... . . . . . . .
Week.
Since Jan. 1.
Toledo....... ........
5*0.000
Do afloat..................
T
551,601 Detroit................ 1 H 0C
5 .i>
1,413
Do
a flo a t .......
............
2,321
064.000
511,527
1B*,^M7 - t e a l * .....................
Do
a f lo a t ..,.,
313.000
890,268
20,799
17,820
679,093 Cincinnati.,,..,......
18,000
B oston . .. ............ .
50
28,830 T o r o n to * ...............
2 .O O
NO
I m p a r ls .
$881,820 $28,231,581
018,000
........... '
5,760,
31,117
202,861
Great Britain...........*
. . . . .. . .
T o ta l 1895-06...
663.202 $5 ,749,835
234,6'3
1.8 1,303
82,380
1,231,911
\ n u e a i. ............
<
P h ila d e lp h ia ...........
P eoria.
...........
Indiana p o lls ....... .
W
i&'.ow
EaneaeOlty.........
Baltimore............. l,6?#,000
Minneapol ta........... &o 2,000
l « r .9 -
—John Alrin Young b»» been elected Secretary of tne O n m w le e lp p i H ire r. \ b « jm
Atlat t c Tiust Company. Mr. Yeung has been connected w ith On L a k e*..... . . . . . . . . MHMNM
On canal and river... 3. 7,000
*
a New Jersey banking institution and was more recertly with
T otal Aasr.H . 1SB7 17 £26,000
the Brooklyn Wharf & Wait-house Company,
T otal A u g . 7 1897 37.650,000
1*r e a d s !u it * F ig u r e * B r o u g h t F r o m F a g e 3 !
The
statements below are prepared by ua from the figures of the
New York Produce Exchange. The receipt* at Western lake
an l river ports for the week ending Aug. 14, and since Aug.
1. for each of the last three years, hare been ns follows :
KeetieU atCWraeo......
Milwaukee .
Da) o t » ..... .
Mlar*e#p«ii«€l#rel«Rfl *i.
St, Lodi*. ..
S )ft8
*W k
City.
TrH.wk.t7.
S«me vmM.
WkM,
Sim* Am* i *
w m ........ .
i *m..........
T otal Aug.. 16,
*8 *76.008
T otal A o » . t 7, lh#5 86 »i 3, J
00
Total Ao*f.tx D«H 63,901^0
l.l:7h00
d»,ooo
13,t»0
1 .181,000
331,000
01.000
56,066
ios'.ooo
10,128,000
107,000
40.000
226,000
2,408,000
■
43,000
258,000
10,000
167,000
193,066
16,000
S67.000
76,000
223,00*6
330,000
25,000
255,006
’ 29.066
i7f>!6«
'87,000
#1,000
103,000
2.000
19,000
* 2,000
8,000
444,000
703,000
‘ m am
703.000
14 000
299.000
676.000
27.000
14.000
4.000
13.000
510.000
87.000
35.000
18,000
21,000
11,000
" 2,006
■"2,006
36,000
"21,006
8w
,v U
180,000
215.000
29,000
1.536.000
1.012.000
1,696,000
o
” 1,066
0 .000’
37.U
00
*• »»««
•
6,000
22.000
119.000
“ios^oob
4 0
«»,0 0
028.000
im o o o
4j$jM
*eo
831, >00
612.000
304.000
258
«
City Rallro»d Securiilea.— Broki-rs’ Quutations.
j Bid. A*k.
A ttn . At a , f'.'klyu—
CoB.S*,*.,l»Xl .AAO
4103
104
113
117
BIA Ask
tt. D. K.n.A Bat'y—
8tk.
Oaf*.
Wheat, j O m
& ,
Barter.
Bye.
I m p t. 64. * „ 19IU I A S i 77 , SO I *-<M
)ji...... i............ .
mu m m BuihAOm ButKJMb* Bmh:nm Botham* m m tt*. I!l'e«k.St.*F«i F._Mtk. JIM S S ;ElKlit!) Av.nm—Stork. : 32o
1M mor>.. T», !9 0 0 , } A J
O , Scrip, Os. M»14., ...... 100
130,e-2 H'wity *7th A ...—9 t « k 302 205
iOmMfj
93,70
m,7m
42<5 A «!•."!. IV .-stock; 330
*****
Iuojon.,6., ITiH.JAII ' ice jilt) ; 42<1 at- M*n. A 84. N. Av. 38
8«.»oo
tmjm]
us ,too
5*. 1EU.JAJ
= n o j )« t tnort.H s, lW O .M A S 4110
7
m ,m ;
n,m 7
t mM4
mm
4M»*
! 2 d n e r t im o o > e (l» .J « t J
an
B'K»f !iM.5-.K«ur.l!>S»
7
US
tio.mo
..
tjm
3mjm
mjm
2<l S*.ta*.*«tyat‘l.lsW6 04 ;HW IK ilig « Co. T ru e .—A t o c k . - 40
CooimtS*, XW3...JAJ 120), 121*, ).bx Avc.A I'itv.Ft'ry 6* 110
mt,mi
m am
84,587
umx
wujmi
M e tro p o lita n TtiirtO n . . . ; 124
*81,
mjstti5 ..... *..
flKtl.lm
S
MMM
w jm
60.271 Brooklyn By. « ko.S>>.’*3
u ttr-stw k ..,
. v , - « i o K ioe, O . 1 0 4 4 ... 100
ioa
msm
urn
99cm
CVm-ol. be. 1M I.. JAJ 1
w jm
X . V.A Q u ff-m it'0 ,r .,.ly -u : .
i? r
Bklya.Croait'n
106 !108
St. ia way 1-t «.-22JA.l 118 iYd' ‘
m am
319,015
?m
i
‘nt
•
26,175
m ,m
B k i'n ftti* &
- v n u e ------N
s.ioo Bkl'aC.A » « « ’* S n U « 1 * 2 103*S {S einthd A Ae----- —-s totc k k .J 160 170
ym
120
«■*-S:k
co n
v e n u e —S o c
mpm
m jm
5*. l e s s .............
i i» t raort..f.*.H hiu..M ,tX 108*4 H8
ll*
118
Btooklrn
TratnUt.
t).bfl!Tnrc.>,, 10)10.1 AJ 102 105
5, 415,3:5
-mmM
4.100AM
«n M «
1
5,. Ifi!5.............. AAO
sW
O 1 )5
B - i l l Sixth A t «» - e—stock
155
773,479
nuam w .n ? O n u s CfOfl.fO.0-s f t .
163
5,am&m 4,*mam
Third Avenue—Stock
l«t *.,#«, 1022. MAN
Ul lm.I1,.5*. 11)37.
123
mam
74.WJ C en . F k X .A k _______ _
M M * 2,142,054 2,4lfl,l4s* 2.410,8)1
174
ISO
‘Twenty-Third St— Stock ??0
45#,TI i uun&aa 1 U « , » lUt3&r9M
532.166 7M3M2. waM.zm *.ll<k97$>
CotiMl 7*.
i
D ob. O’*, 1 0 0 1 ........................ 103
f C o l 'im b o . A 9 h A to S*. i ..... :Ui)s» ! U nion K v—S t o c k ........... j 103
JStk i 165 11€10 i in 8*. t»42.............. 4107
*m.em CI>rt*'9 *rA lOthSt.—
l*s mart., lB a S .A .fO 102 104 ■ t V c .ti h o -iT , l4 t,k n .,B 8 ‘{1 0 0
113,182
tM%nm bjmjxB Qjmjm
18» ...........
i And Mcraed !ot*re*t.
H«h Seenrltles,— Brokers' Quotations
The receipts of flour and grain at the seaboard ports for the
week ended Aug. I t, 1837, follows :
O A S CO M P A M IR S ,
Bid A .k .
B:d Ask
C4A8 COMPANIES.
Fkmr, Whm‘ ,
lUrl#y,
Om,
Bw,
bush. B'klyn Union U»»—Stock. US 120 > P f^ n io ’ s (Jern ay C ity ).. 100
ReeeirU at—
W.,
bmk.
tm
*h.
bush,
.. .
8
m um
Ne»wtmk......,*••** M
l ir sjm
n
Bend* ..................... . US
w jm
w o 4qo
Wl llam«b-i g let 0*—
103
Bmtm.................. *$,*9* 1*7.® 0
Cot.tr*! ..... ....... ............ . 205
tmsm
Fulton Municipal 0s ... 105
**4,512 CoowmrrV (Jertey Cltr 1. 74
Moatffti!......
&,*** nm m
im.sm
85 Eon-.table .... .......... 202 267
P
hijiiir.5t>?iia........
m.m i ms** V7*,tm
&Mr2
*
Bond*
......... ...... ini h 102 *, B nrlH 0s, 1899.......... 103 105
mam Jarttey City A Hoboken... 184 jlOS
- Baltimore ..... ....... #-*.* 8 t,0M6/f9t %%m&m
50
Paul ...... ...............
Rloltmond----- . . . .
3,?H
l-,74*
udS&
4%m
82
Metropolitan - Bond*___ 105 ! . ! Bonds, 6«.
fo
H mimm *.......
ew
msm i
142
MutoaKN. SY) ............. 2?» <378 ; StaocAwl prof............
wt 2¥ew»......
91*000 m m o W
N. v..k kw t itlr. let 8».. IIS ‘ 114 ! Common.................... \n 132
Norlolls ............
........
m sm
85 H 88
Proforred...................... 115 117 W m e r n w a s . , .... .....
Gfllreafcm...... ....
........ m,Q*0
103 104
C o m m o n ........................ 88 j 80 ! Bonds, 5a...... . . . . . . . . . .
Consol. 5*.................... 108*0! lOCo
360,219
T otal « N k . . . .
410MS *,0U,m 4A‘ 1.A 9 1.987,791
S
mm
Week l.-m........
m jM
9jm j»r
141,475 150,0?5
Auction Sales.— Among other securi ies the following, not
)ipU d o n o t tool ad® * r » in pmming th ro u g h H aw On®®r.?t to r foreign
regularly dealt m at the Boird, were recently sold at auction:
p ort* o n Uaroiigtj bill# o f liultag.
^ r-
miM7
m an
#50
Total receipts at ports from Jan. 1 to Aug. 14 compare as
follows for four years:
1891.
_R.e«Wuat~
lm .
i*m.
m
it$S9.959
F l o u r ......................... m is . I M u l J i S
S.H0.IS7
9,mtm
Wheat...............
C o r a ............................
B r a ..............................
T o U l g r a i n ....
boab.lM
.*»e.TO4
31.8- 8,-78
- iU .8 ll.r s O
“
•
“
"
W 2&
*03,571
4A U .113
* s i .W .S J
> * ,7 5 4 ,1 5
By Richard V . Harnett & Co.:
S h a rer.
BOB'way In«. O o ................. 80
50 Globe Sat.Bk of Ohio.. Ill, 70
l
B ond*.
*2.000 Sew Pultz Turnpike
| Hoad Co. 1st 6s, 1913........ 84
By Messrs. Adrian H. Muller & Son :
..
S h a rer.
15 hat. Bread
Bank.......238
17 Mt, Morris EleA U sb lC o. 23
" 7 lJ /,..U 3 85.779.8J0
___________ g n t x k i T t g
I
Sharer.
50 Nat. Bank or North Amer.138
114 Corn Ex. B'k, * 100 ea.293-30,3
a n d
I f i u a a c i a l ____________
The exports from the several seaboard ports for the week
ending Aug, 1 4 ,1897, are shown in the annexed statement:
S p e n c e r
T r a s k
&
C o .,
Barley
Whmf. Omn.
Pint.
W u
l& *,
Oau
«Vf,
Bxpffrt.0fmm—vi*&,
>u*h,
bush.
bush.
BANKERS
9,282
?*» ror*.,,., #4»,3i? miam 10«.#M 1,005.81* 450,013
■
8,507
415 2 7 A 2 9 F I N K f f T B E E T ,
.
.
.
N EW Y O U K .
8*4*»n. . ...
ifnMd 59.408 910,004
Mam®*.. ..... ........
. ..
85 State Street, Albany.
rMtert&phl*, m.400 #7-5.3#1
40,173
.1 im.TH m ir
m .J
IN V E S T M E N T S E C U R IT IE S .
ffffvOMHMk, m
os»<0) 164Jl# 3I:?S? 19,275 i s
Horfou. ...... vn.o o ......
H
*vwp-ff, 5«wt 209.000 40,OXi
Ueorok B*nci.* r Moffat .
A i.exasdbr M. Whith, Ja
43,363
M
oetrm ..... H5.0U 75*.473 30,779 i03>37
i
Qllreaton
ro,MO
M o f f a t & W h ite ,
69,143 80,054
•foul w
Tc,,.,i fiM/1* m w b I 2-S5.129 1.3 7#,357
250,256 "71^,528 '"V-lflJ 69,—
**m#Urn*m ,USB*1 ?
0
"'0,256
BANKERS,
.
.
.
M EW T O B 8 .
j The destination of these exports for the week and since N o , 1 N A S S A U S T B E E T ,
September 1, 1896, is as below.
IN V E S T M E N T S E C U R IT IE S .
THE CHRONICLE.
312
premium, selling par; New Orleans, bank, $1 00 premiumcommercial, 50c. discount; Chicago, 35c. per $1,000 pre;
m ium ; St. Louis, 60c. per §1,000 premium.
United States Bonds.— Sales of Government bonds at the
Board include $28,000 5s, coup., at 113LL to 113J£; $10,000 4s,
coup., 1925, at 125, and $5,000 4s, coup., 1907, at 112% to
112%. The following are the closing quotations:
j a n k e r s ' (Sa^cttjc.
D IV ID E N D S .
P er
C e n t.
N am e o f C om pany.
R a ilr o a d * (S te a m .)
Atlantic A Danville prof..............
Chic. Burl. A Quincy (quar.).......
S treet K a il w a y s .
Philadelphia Traction..................
iHiM eellaneous.
Diamond Match (quar.)...............
Louisville Bridge...........................
National Lead pref. (quar.).........
New Jersey Zinc......
..............
Stillwell Bierce & Smith-Vaile
prof, (quar.).................................
W hen
P a y a b le .
B o o k s clo s e d .
( D a y s in c lu s i v e .)
1 Sept.
4
Oct.
2*3
3
1%
1%
Sept.
Aug.
Sept.
Aug.
2
Sept.
11
16
Id
25
1 to Oct.
1
Sept. 5 to Sept. 12
Ails. 1 to Aug. 16
Aug. 27 to Sept. 15
Aug. 15 to Aug. 25
1 Aug. 21 to Aug. 31
W A L L ST R EE T , F R I D A Y . A U G . 2 0 , 1 S 9 7 -5 P. M.
The Money M arket and Financial Situation.— A suffic
ient reason for the mild reaction that has taken place this
week in W a ll Street is found in the almost unprecedented
volume and scope of Stock Exchange transactions during
the previous weeks, together with the advance in prices
which characterized them.
W e have prepared a table which will be found in connec
tion with our review of the stock market, showing at a
glance the advance made within four weeks and the closing
prices to-day of some leading issues of railway and other
stocks.
.That the reaction has been so limited in extent is no
doubt due to the fact that there has been no unfavorable
change in the general situation, unless it be the prospect
that the corn and spring-wheat crops m ay not prove as
heavy as was anticipated, but according to present estimates
they "will be sufficiently large to tax transportation facilities
to their utmost capacity during the process of marketing,
New evidences of the general revival of business are con
stantly coming to hand. Industrial enterprises in the W est
are reported to be already in a most flourishing condition
and the heavy westward movement of general merchandise
shows the improved conditions in that section of the coun
try. W heat has made a new high record this week, al
though there has been some irregularity in the market for
that cereal and at the same tim e silver has further declined.
The foreign exchange market has become firmer as the
week advanced, influenced to some extent by sales of secu
rities for foreign account, a stronger money market in Lon
don and expectation that the Bank of England would ad
vance its rate. The Bank rare was not advanced, however,
and it is possible that the return movement of American
securities m ay diminish from now on.
The open market rates for call loans on the Stock E x
change during the week on stock and bond collaterals have
ranged from 1 to 2 per cent.
To-day’s rates on call were
1 to 1^4 per cent.
Prime commercial paper is quoted at 3-V
to 4}^ per cent.
The” Bank of England weekly statement on Thursday
showed an increase in bullion of £439,178 and the percentage
of reserve to liabilities was 53-44 against 51 '22 last week; the
discount rate remains unchanged at 2 per cent. The Bank of
France shows an increase of 3,615,000 francs in gold and
1,075,000 francs in silver.
The New York City Clearing-House banks in their state
ment of A u g. 14 showed a decrease in the reserve held of
$ 1 ,030,000 and a surplus over the required reserve of $38,882,725, against $41,002,125 the previous week.
1897.
A u g . 14.
Capital..................
Surplus.................
Loans A disc’nts.
Circulation..........
Net deposits.........
Specie...................
Legal tenders___
Reserve held.......
Legal reserve___
Surplus reserve
D i f f e r c n ’ s fr 'm
P r e v . w eek .
1896.
1895.
A u g . 15.
A u g . 17.
Inc.5,608.400
Dec. 199,200
Inc.4,357,600
Ino. 482,500
Dee.1,512,500
Dec.1,030,000
Inc.1,089,400
$
60,622,700
73.294.000
464,918,200
15,789,800
467,393,700
46.863.000
79,385,600
126,248,600
116,848,425
$
62,622,700
71,542,100
511,275,200
13,254,800
577.223,300
65,689,200
119,883,500
185,572,700
144,305,825
38.882,725 Dec.2,119,400
9,400,175
41,266,875
$
59,022,700
74,363,900
555,170,800
13,185,500
630.589.900
92,612,300
103.917.900
196.530,200
157,647,475
$
Foreign Exchange.— The foreign exchange market, which
was dull and easy, has become somewhat firmer, owing in
part to the sales of American securities abroad and to higher
discount rates in London. The demand is not large and the
market closes dull.
To-day’s actual rates of exchange were as follows: Bank
ers’ sixty days’ sterling, 4 8 3 % @ 4 84 ; demand, 4 85% @
4 8 6 ; cables, 4 86@4 8 6 )4 .
Posted rates of leading bankers fo llo w :
A u g u s t 20.
In terest
P er io d s .
Sept. 1 ---------- t o ----------Sept. 15 Aug. 21 to Aug. 30
1
1
S ix ty d a y s.
fvwi, LIV,
D em a n d .
Prime bankers’ sterling hills on London.
4 84%
4 86%
Prime commercial....................................... 4 83% ®4 83%
Documentary commercial.......................... 4 82% ®4 83
•Paris bankers’ (francs)............................... 5 19if>if ® 5 2 0 5 18i16-5 18%
Amsterdam (guilders) bankers..................
39l5tp®40
40%®40Sln
Frankfortor Bremen (reiehmarks) b’kers 9413,6®94%
955ie® 9 5 %
The following were the rates o f domestic exchange on
New York at the under-mentioned cities to-day: Savannah,
buying 1-16 discount, selling par; Charleston, buying
A ug.
A ug.
Aug.
A ug.
14.
16.
17.
18.
Awn.
19.
A ug.
20.
* 97 *2 * 97*« * 97*2 * 97*2 * 97% * 97*2
"11134 *11134 *111%
’ i u % *11178
*112 *112 *112
11238 *112 -112
*125M *125*4 *125 *12434 *124*2 *124%
'125*4 ’ 125% 125 *12434 "124*2 *124%
*11338 *1133s *113*4 *113*4 *113*4 *113*4
*1133s 11338 1133« *113% *113*4 113*4
*102 *102 *102 *102 *102 *102
*105 *105 *105 *105 *105 *107
*102*4 *102*4 *102*4 *102*4 *102*4 *102*4
*102*4 *102*4 *102% *102*4 *102*4 *102*4
* Tliia is the price bid at tlie morning board; no s a l e was made.
2 s,....................... reg.
48,1907 ............ reg.
4s. 1907.......... coup.
4s, 1 9 2 5 ...........reg.
4s, 1925.......... coup.
5s, 1 9 0 4 ............ reg.
5s, 1904.......... coup.
Gs, cur’ev,’9 8 ...reg.
6s, cur’cy,’9 9 .. .reg.
4s, (Cher.il898.reg.
4s, (Cher.)1899.reg.
Q - Mck.
Q. - Jan.
Q .-Jan.
Q .-F el).
Q. - Feb.
Q .-F eb.
Q. - Feb.
.1. & j .
J. A J.
March.
March.
United States Sab-Treasury.—The following table shows
the daily receipts and payments at the Sub-Treasury :
B a la n c e s
D ate..
R ec e ip ts.
P a y m en ts.
Aug. 14
“ 16
“ 17
“ 18
“ 19
“ 20
$
2,451,807
3.198.835
3,477,601
4,024,035
3.627,665
2.624.835
$
3,019,065
2,994,990
3,408,496
3,130.763
3,315,635
2,261,638
Total..
19,704,778
C o in .
$
148,595,885
148.572,234
148,424,195
14 h,960,473
148,786,121
148,758,805
Vui.it C e r t's
$
1,958,333
2,115,790
2,078,470
1,899,070
2,177,635
2,386,586
C u rren cy.
18,130,587
$
56,436,605
56,806,644
57,061,109
57,597,502
57,805,318
57,986,880
Coins.— Following are the current quotations in gold for
coin 8 :
Sovereigns........... $4 86 ® $4 90
NapoleoDS............ 3 87 ® 3 90
X X Reiclimarlts. 4 78 ® 4 82
25Pesetas........
4 78 ® 4 81
Snail. Doubloons.15 50 ®15 70
Mex. Doubloons.15 50 ®15 70
Fine gold bars... par ® % prem.
Fine Silver bars.. — 52 ® — 53%
Five francs.......... — 90 ® — 96
Mexican dollars.. — 40 ® — 42
Peruviau sols___ — 36 ® — 38%
English silver___ 4 86 ® 4 90
U. S. trade dollars — 60 ®
75
State and Railroad Bonds.— Sales of State bonds at the
Board include $18,000 Tennessee settlement 3s at 85% to
8 6 ; $7,000 Alabam a class A at 107 to 108, and $3,500 Virginia
fund, debt 2-3s of 1991 at 65% to 67.
In the market for railway bonds the volume of business
has fallen considerably below the average for several weeks
past. There has been a tendency to weakness in sympathy
with the stock market and in a few cases there have been
unimportant reactions from the recent advance; but prices
have generally been well sustained. There were some ex
ceptions to the prevailing tendency, including Mobile & Ohio
general 4s and Kansas Pacific 1st consols, which advanced
2 % points and 1 point respectively, a part of which has been
lost to-day. The demand has been less urgent than of late,
and there is very little disposition to sell on a weak market,
as recent traffic reports are most encouraging to the present
holders of bonds. The active list includes Atchison, Cent, of
Georgia, Ches. & Ohio, C. Bur. & Q. Chic. Term ., Erie, Green
Bay & W e st., Kan. Pac., Lou. & Nash., M. K . & T ex., Mo
bile & Ohio, North. Pac., Oregon Short Line, Reading, St.
L. & San Fran., San A n t. & Ar. Pass, Southern Railway,
Tex. & Pac., Union Pac. and Tol. St. L. & K an. C. issues.
Railroad and Miscellaneous Stocks.—The stock market
has been less buoyant this week than we last reported it,
and the volume of business has diminished day by day.
Prices have been somewhat irregular, although net losses
are in some cases confined to fractions, but with losses
general in the active list.
This halting in the upward
movement of prices is perfectly natural and healthy in
view of the advance which had taken place within the last
month, as shown by the subjoined table. The. grangers, an
thracite coal stocks and trunk line shares have stood well
against repeated and persistent bear attacks, while some of
the specialties, including Chesapeake & Ohio, Chicago In
dianapolis & Lou. and Flint & Pere Marquette close higher
than last week. Manhattan Elevated has fluctuated be
tween 102% and 106, closing at 105. Brooklyn Rapid Tran
sit moved up 2 % points on reports of increasing business,
and that arrangements have been made for the use of the
Brooklyn Bridge, which will enable it to run its cars into
New York City at an early date.
Except some manipulation of the market for American
Sugar certificates, which carried the price above the pre
vious highest record, the miscellaneous list has been neglect
ed, and changes are generally unimportant.
P r ic e
J u l y 20.
Burlington & Quincy................. ......... 84%
St. Paul.........................................
Chicago Great Western........... ......... 10%
nock Island.................................
Illinois Central...........................
New York Central...................... ........ 101%
Manhattan Elevated................. ......... 91
Western Union........................... ......... 84%
Missouri Pacific.......................... ......... 20%
Louisville A Nashville.............. ......... 51%
Northern Pacific, preferred---- ......... 413a
Union Pacific..............................
American Sugar.......................... .........140
......... 9 5 %
Consolidated Gas...................- - - .........165%
H ig h e s t.
C lo s in g
to -d a y .
99*4 (ex div.)94*4
923b
94%
2038
17%
85
86*e
104*2
110 «4
106
10834
105
' 108
9334
91
30%
29*2
62*8
58%
49%
51^
14%
11%
150
148%
1033i
102*4
196%
188%
THE CHB0N10LE.
A ugust 31, 1897, j
313
NEW YORK STOCK EXCHAN&E— A C T IV E STOCKS f o r week ending A (IS. 4 0 , and ainee JAN . 1 , 1 8 9 7 ,
HIGHEST AND LOWEST PRICES.
Saturday,
Monday,
Aug. 16.
Tuesday,
A u g .17.
15%
.
31
14%
31%
70%
54%
93%
13%
22%
Wednesday, Thursday,
Aug. 18.
Aug. 19.
i
15%
32%
15%:
31V
70*1
55%
95%
13%
23%
Friday,
Aug 20.
STOCKS,
i
i
i
A c t iv e K R , S t o c k s .
15% 15 % 15
15% 14% 15% Atchison Topeka & Santa Fe.
30% 31%
30%
“ ~1 31% 30% 31% .. ..,P o
Vrel.
14% 14%
14% 14% 13% 14 Baltimore A Ohio.......... .........
31% 32
31% 34% 33% 3 4 %!Brookljrn Rapid Transit........
*70% 7 i % Canadian Paoilto.......... .........
................... *70
71
54
5 4 %: 54% 55
53% 5 3 %,Canada Southern...................
95
95% 9 t
9 5 % 91% as %: Central o f New Jersey.............
13
13
12% 1 2 % *12
13 Central Paelllo........................
23% 2 2 %' 2 2 % 23
22% 23 Chesapeake * Ohio...............
160 160 : 100 lo o
5-159 160 C h ica go*A lton ....................
96% 9 7 %' 9 5 % 0 0 %, x93% 9 5 % Chicago Burlington AQulney
48
48
50
50% *49% 50% Chicago & Eastern Illinois...
‘ 95 1 0 0 % *95
100% *95
100%' ,
Do
pret.
17% 18% 17% 18% 17
1 8 % Chicago Great Western..........
11% 12% 12
12% 12% 1 2 % Chic. Indianapolis & Louise.
32% 33% 32% 3 3 % 3 0 ^ 32%
®0
pref.
93% 94%. 9 2% 93% 91% 93% Chicago Milwaukee & St. Paul
1 :3
143 ! ........ ........ 5 14 2 % 143 i
Do
prof.
119 120
113% 119% 117% 1 1 8 -h
A Northwestern. ...
Sales of
Range for year 1897.
the [On basit of 100-thart Zote.j
Week,
Shares.
Lowest.
Highest
20,581
104,847
4,686
17,773
60
4,077
11,672
9% Apr. 19 16 Aug. 13
17 Apr. 19 33 Aug. 16
9 July 10 18 Jan. 8
18% Jan. 7 35% July 23
46% Mar. 29 74 Aug. 3
44% Jan. 13 57 Aug. 9
6S% May 24 103% Jan. 19
1 ,0 0 0
7% Apr. 20 15 Jan, 5
53,838 16% Mar. 29 23% Aug. 16
505 (1-17' July 22 (170 Mar. 1
152,894 69% Jan. 5 99% Aug. 16
95% 98
97% 0iKi 96% 98%
400 37% June 7 50% Aug. 19
*47
50
*47
50
*47
48
*100 100%'*........ 100%
*...... 1 0 0 %
(95 J an. 8 101 June 26
116,725 3*8 J line 23 20% Aug. 12
1 7 '. 19
18% 19% 17% 18%
17,170
1 0 % 1 1 % 11
12% 1 1 % 13%
9% July 30 12% Aug. 4
6.791 26% July 30 33% Aug. 6
32% 33
32
33
33
33%
111,757 69% Apr. 19 94% Aug. 16
92% 04% 94
94% 03% 94%
1,101 130% May 6 143% Aug. 16
143% 143% 143*1 143% 143% 143%
15,437 101% Apr. 19 120% Aug. 11
1 1 0 % 120% 119% 120% 119% 120%
153 Jan. 12 165 July 13
*81% *8 6 % "85% " 8 6 % *34% " s s " "84% '85 % '8 4 % '¥ 5 %
'85% Chleaw Root Island APaoilii 62,780 60% Apr. 19 86% Aug. 16
19,164 47 Jan. 2 69% Aug. 9
67% 6 8 % 6 8 % 87% 67% 6 9 %: 67% 6 S% 67
67% 60% 67% Chicago S t PaolMinu. &Om.
315 133% Jan. 18 148 July 26
*144 14.5
144 141
144 144 *143 145
*143 145 *143 145 •
prof.
6,114 21% June 1 34 Aug. 12
3 ’ % 33% 3 3 % 33% 32% 33%: 32% 32%
31% 32% 31% 32 Cleve.Olnoln. Ohio. A St. L .. .
................................................ ................. . ..........................................! , Do
pref.
63 June 16 80 Slay 6
2.791 99% Apr. 1 121% Jan. 6
1 1 9 % 119% i l l s
119% 117% 119
118% 118%. 118 119% 118 % 119 Delaware A Hudson...............
1,920 146% May 20 164 Aug. 12
162% 163
162% 162%
161% 161%
180%1 6 0 %'
102% 1 0 2 %
181 16 1 % ^ la w a re Lacks w anna*West
1,600
■
13%: *1 2 % 14%* *12 1:5%. * 12 % 13% Denver A Rio Grande........
9% Apr. 20 14% Aug. 14
13% 14% 13% 14 13
,50%' 47% 49
48
48%
47% 47% 46% 47%L
Do
pref. 33,511 36 Apr. 20 50% Aug. 16
47% 80 I 49
7,575 11% A pr. 19 18% Aug. 11
17% 17% 16% 17%, 16% 17%
16% It” . 10% 16% E r ie .........................................
17% 17%
6,269 27 Apr. 10 43% Aug. 12
42
42% 40% 41% 41% 41%' 4 0
* 0% 40
4.0 %'
Do
1st pref.
42
42
336 15% Slay 24 ,25% Aug. 12
23% ................... „
Dp
2d pref
*24
21% 24% 24% «23% 21% 23% 23% *23
1,200 120 Jan. 16 132 Aug. 16
lw
.OX
13*1 132
131 132 *128 132 *128 132
12* 129 G » * t Northern, pref..............
♦126 131
100% 107% 107 107% lot: 106% 105% 100% 1%4% 105% 101% 105 :Ilil Dole C en tra l...,................. 11,565 91% Apr. 10 110% Aug. 7
10%
10% 1 0 % 11 10%
1 0 %: •>!•%
1 0 % 10% 1 0 % 1 0 %
1 0 % Iowa Central........................
1,605 6 Apr. 15 11 % Aug. 12
1,450 23 June 9 35% Am;. 13
34
35% 35
3 5 % 34% 35
34% 35
*31% 35% 3 5
35
go
pref.
360
*17%
18% 13
18
*17
1 8 % ( 1 6 % 1«%: 17
17
*16
17% Bake Brie A Western........
„ „ „ 13 May 11 19 Aug. 12
Do
pref.
71%
73 73
*72
73% 71
71 : 71% 71% 571% 71% *09
527 58% Apr. 1 74% Aug. 5
175 17.3
175 175 Lake shore A Mloh,Southern.
174% 175%' 175 178
176% 178% 176 176
3,126 152 Jan. 2 178% Aug. 17
Long
250 40 June 10 55 Jan. 8
48 _ _ £*iattd.._.
*44 49
*4ft
.40
(15 4 4 5 % 4 4% 44%: ..............‘ 43
„
------ ---------501 .. et
6 0 % 61% 59% 6 0 %
59% 60%. 59% 60
58% f>97, Louisville A Nashville............ 62,170 40% Apr- is* 62% Aug. 12
103% 105
101% 106% 104% 104% 102% ifU
103
104% 101
io ftt Muolia«»n,Kiev*tMl,oonaoJ.. 17,636 81% May 6 108 Aug. 7
122 124% 182% 129% 123 123 123
121% 123% 124% 123%
123% Metropolitan Traction.. 7,479 99% May 3 124% Aug. 19
1,338 00 .Tun. 28 10 % Aug. 16
(108% 106%: 106 1 0 8 % 105 M*l% f 105 105 (105% 105% 105 105 MlchlgatiOeittral,....................
2,360 16 May 14 26% Aug. 12
' 25
35%
2 4 % 25% 24% 25
24% 24%: 24% 35% 34% 24 % Minneapolis A S t L o n ls .___
88% 99% *87% 8i>
*88
89%
(*7 87
(97 88
*87
88%'
Do
1stpref. K() 77% Mar. 18 89% Aug. 11
1,472 40 Fell, 26 58% Aug. 11
56% .*.«% 50% 57% 56% 88%
56 56%
6<i 56% 56% 56%:
Do
2dpref.
14% 11 %:Mlssour UCaasa* “
7,605 10 Apr. 19 16% Aug. 12
15% 15%
14% 16% 15% 15% 15
15% 14% 15
..................... ...........“ *--------*A Texas.
Do
nruf
22,603 24% Apr. 19 37 Aug. 12
35% 36%' 36% 36*% 34% 36% 35** 38%, Sft
35%' 34% 33%:
30
31 % Missouri Paolfio............... . . . . 71.664 10 May 0 31% Aug. 19
28% 29%' 20% 30%: 29% 31%. 20% 31%: 30% 31%
3 0 % 3 2 .MoMJe A Ohio.
9,700 18 June 3 32 Aug. 19
...................... . . . . . . .
27% §9
1% $0 . 30
« t% 20** 31% ft" a 32
105% 100% 107% 107% 106% 107% 100
108% 106
1 0 U-V 105% 106%tNew io r k Central A Hudson. 14,210 92% F»l>. 18 108% AUg. 9
1,170 11 Feh. 11 10 Aug. 11
*15% 16
16
16
16
16 *15
15% *15
15% 14
15 New YorkOhlcago A S tL ou is
*75
80
76% 76% *74
80
*74 60
(74% 74% *73
78 I
Do
1stpref. 130 67% Apr. 15 76% Aug. 10
••
— — 1 37% 33% 37% 88%
Do
2dpref. 970 24 Feb. 10 •10 Aug. 11
*39
39% *38 ' '30% ------ —
(37% 39
38
39
89 160 Feb. 2(179% Aug. 9
*177 179% (179 17 * *177 179 (178 178 (170% 179%;(t7s% 178 %Wew YorkNew Haven A Hart.
16% 16% 1 6 % 16%;New VorkOntertoA Western.
16% 17% 17% 17v
16% 17% 16% 17
8,131 12% Apr. 19 18 Aug. 12
17% 17%: 17
17 New York rtusq.A West,new.
5,809
6% May 29 17% Aug. 11
17
17% (17
17
17
17
16% 17
36% 37% 37
38 !
.D o
pret.
3,710 18% May 20 39% Aug. 9
37% 39 I37% 3**% 37
37% 36% 37
. 13% 13% . 13%„ 13% 13% 13
. . . ....
406
___
.
. .
9 Apr. 19 14% Mar. 11
♦13
13% (13% 13% *11% 13 ^Norfolk A Western.................
34% 34% 35% 35% 35% 35% 34% 34% 34% 31%
3 4 % 34%
Do
pref.
820 22% May 5 35% Aug. 16
17% 17% 17% 1 8 % 17% 1 6 % 17% 1 9 % 17% 18%
17% 17%;Nor. Pacific Ry.votlng tr.ctf*. 39,21*2 11 Apt. 1!) 18% Aug. 10
103,220 32% Jan. ft 51% Aug. 12
48% 50% 50% 5l%j 40% 50% 49% 50
49
49%: 4«% 49%
Oopref.
100 1 6 June 8 29 Aug. 9
*29
29
*26
29 I (29% 29% ................... • (29
29 j *28
29 Of, RB. A N»V.CO.vot.tr,ctf«,
*73 37% Jan. 8 66% Aug. 5
*64
66
03 65% e t
64
*63
63
‘ 89
66
583% 03%:
Do pref., voL trosLotfa.
1,242 17% July 9 23% Aug. 16
23% 23%; 23% 2 3 % 23% 23% 83% 22% 22
2*2
(21% 21% Oregon Short L in o.................
8,400 11% Mar. 29 22% Aug. 12
2 0 % 20*8 21
21% 2 0
21% 20
20 % 2"% 21
19% 20% PlttebargOinn. Ohio. ASt. L.
Dopref. 100 44% .Time 25 60% Aug. 12
*58
60 : *58% 60
54% 54% *58% W i *57 60
*........ 80%'
28
28% 2 8 % 27% 25% 26%
25% 25% *25% 2 8 '- 25% 2 H% Beading,voting tr. oerUfs. . 65,510 116% Apr. ll> 27% Aug. 12
5 4 %: 53% 53%
52
88%' 52% 53% 62% 53% 1st pref., voting tr. oertifs. 44,336 1 38% Apr. 19 66 Aug. 12
53
54% 54
8,625 122% Apr. 19 34 Aug. 12
30% 31%, 31
32%; 32
82 i 2d pref., voting tr. eorUls.
32
32% 32% 33 : 30% 32
2V
20 IR10 Grande Western
200 14% June . 8 23% July 14
«•» v
50 51
Do
pref.
401 (25 May 28 54 July 12
50% 50%
50
52% 53%
51%
6-% 7%
6% 7 'St. Jos. A Gil. lei., vot.tr.ctfs. 16,499 3% June 14
5%
0%
7% Aug. 19
8%
6% 7
0%
0% «%!
Do
let pref.
4ft
2,109] 37% June 10 40% Aug. 16
48% 40% 46%;
45
i«% 4 :-.% 46
45
45% 48
Do
2dprof.
14% is
14% 14% 15% 18% 15 15 4,892 10% July 29 15% Aug. 16
ir>% 14% IS
......... .— S t Louie A lt A T . H„tr.reote
60
200; 59 Aug, 16 62 May 20
60
53
m
60
*59
59
*39% 60 : *50
7 % 7% 8L L. A San Fr.. y o t tr. ctis.
9,113: 4 Apr. 19
8
7%
7%
8
7%
7% 7%:
9 Aug. 12
7% 7%:
8%
ftft% 5ft % 58
5 1 %: 54
51 ;
Do
1stprof.
»ft%
5 4 % 55%
54% 54%; 51
2,761: 37 Jan. 29 57% AUg. 12
21% 21% 21% 22
Do
2d pref.
2 0 % 21
20
20% 2 0 % 2 0 %: 19% 20%
6,670 12 Apr. 15 22% Aug. 12
8%
>
«
6 v a t Louis Southwestern...........
7,328
1 Apr. 1 7 Aug. 16
5%
8
7
0%
0%
0%
6%: • ’. t 6%:
13% m
13
13%, 13% 13%:
Do
pref.
13% 13% 14
13% 1 3 % 13%
4,180 3% Apr. 1 14 Aug. 16
22
25 . *23% 20 St, Peal A Dalath....... ........... .
*22
26
20
*25% 20 :
........ ! 20 Jan. 4 27% Aug. 4
2«
7%
77
82% S3
83 |
Do
pref.
7i% *78% 87
660 (72% July 16 (87 Feb. 3
83
8$ : 82%
120 125 *120 12ft (120% 120% T22 125
20
125
124 124 at. Paul Minn. A Manitoba...
112 111 Jan. 28 125 Aug. 6
A.r 0 l.I ....................................................... ...........
20% 20% 2 0 % 20% 20
20% 19% 19%’
3,400] 13% Jan. l: 22 Aug. 9
u
10% 11 I 10% 1! % Southern,voting trues, oertif . 11,511
7 Apr. 1: 11% Aug. 12
11% n % 11% DCs 1 1 ‘8 10% i i
35 I 34
35 f Do pref., voting trust cert. 87,416 22% Apr 19 35 7 Aug. 12
33% 35% 35
34% 3-1% 3 4 % 31
S
35% 34
13% 14
13% Texas ft Pacino........................ 16,505
13% 13% 13
8 Apr, 1 14% Aug. 12
14% 1 1% 13% 14 -a 13% 14
4% Apr. 19 14% Aug, 1Z
12% 13% 127, 13% 12
70.122
12% 12% 12% 11% 12% 11% 1a% Union Pacino trust receipts.
5% §<%' Onion PaelBo Denver A Gulf 10,022
1 Apr. 21 7% Aug. 12
5% *5%
5% 5%
5% 0%
6 ;
6% 7
5%
S
7% 7%
7% 7% Wabash----------------------------- 3
7%
7%
4% Mar. 20
7% H
7%
8% Aug. 13
1,915
7%
Do
pref.
8,830 11% Apr. 19 19% Aug. 12
18% 17% IS
18% 10
18% 19% 1*% 19% sa% 18% 18
2%
2% 2%,Wheeling A Lake E rie.,.. ...
% J u ne 1 6% Jan, 2
2%
2%,
2%
3
7,256
2%
2%
2%
2%
3
Do
pref.
10
11% 11% 12% 11
2% Apr. 15 29 Jau. 5
3,641
12% ‘,10 V 10% *10% 11% 10% 11
I V fla ce lla n e o n s S t o c k s .
19% 10%: 19% 19%: 19% 19% 19
19%
19% 19%
19% 19% American Cotton Oil O o ......
9% May 28 19 7 Aug. 9
2,125
g
70
70%. 71,
72
70% 71
[70% 70%
70
70 1 70
70%
Do
pref.
3,029 5 2 % Feb. 16 72 Aug. 10
13
13% 13% 14% 135
18 43ft
9% Apr. 23 15% Aug. 6
32%
2,692 26 Jan. 5 36 Aug. 5
14
153,571 109% Mur. 29 150 Aug. 19
110%
1,792 100% Jan. 7 111) July 19
80.568 67% Feb. 15 90% Aug. 9
112% 1 1 2 %;} 118 % 112%' Il3 % 1 1 3 < ( l i 4 ' l i t ' *112% 1 1 1 *11<%1U .
pref.
33 i 101) Feb. 11 115 Aug. 6
14 t t 'i
14
117,
U 4 14% 14% 14% 11% 11
11%.Bay State O a *. .
10,315: 7% Apr. 17 16% Aug. 7
102 104%; 103 1031*1 101% 102% 1 0 1 ,1 0 2 % 103 103% 101% 103% UmcagoHa* Oo., certs, of dcp. 31,780 7 3 % Jan. ft 103% Aug. 4
5,351 138% Jau. 2 198% Aug. 4
189 189 I 190 MU
188 18'H*; 1 6 6 % 183 t J86 180% 188 l30%'Coawf|<Uf-1 Cat O ow panr*37
:<
H -37 37% 37
37 1 *30
38
37
37
30
36 iOutiselldhted lee C o .. . . . . . . . .
312 30 June lb 41% July 19
• :■ 3 1%
>>
H i hi
rt
.80 : 88% 80%' 80
66 j
Do
pref.
1,100: 80 J udo 10 90% July 29
30% 37 | 36% 37%. 35% 36% 35% .56-% 35% 36%' 35% 38% fleueral Electric Oo
9,775' 23% May 17 38% Aug. 4
4,817 21% Feb. 18 38% Aug. 12
36
:I0% If! ' 30%' 35% 3ft*, 3 5 " 35%! 3 5 " 35% 31% 35 National Lead Co............. .
101% 104%f(103% 105 (t»3 % lin 'd (1037e 105 (104 103
105 105
Do
prof.
607; 88% Feb. 13 105 Aug. 0
33
33%
32% 31 Paolfio Mall............................. 2ft,060 24 Jan. 9 34% Aug. 13
33% 33** 34
32% 33% 32% 33% 33
55
65 ' ....... 54% 53
53%' .............. - Silver Bullion Oertirtoetee....
8.000 53 Aug. 19 65% Jan. 27
*7
7%:
7% 7 % Standard Rope < Twine........
8% 8%
7%
7%
7%
7%
2,102; 3% June 29 11% Jan. 19
fc
29%: m
28% 39 1
28% 27
28% 27% 27% 27% 23 Tettnoasoe Goal Iron * R E ... 10,-61 17 May 20 31 Jan, 18
- g7
•
9
9 %'
9
9%
» ! 0
9%
9% United States Leather C o,..».
5,694
«% May 2*2 9% Jan. 19
9%
, m
67
67
68%!
66% 97 j 67% 8 7 V m
Do
pref. 21,908 50 Apr, 2 i 68% Aug. 20
18% 19% 19%
%
7
18
19
17% 18%
17
17% United States Rubber Co.......
8,737 10 June 3 26% Jam 19
6i% m j 67
69
66
66%, 65
65
m ? 69%
Do
* pref.
*
4,841: 50 July 20 76% .fan. 6
91% 92 V m
m 1 91%
91
0 l 7 90% 91 V 90% 92 Western Union Telegraph
8l
86,531 75% May 7 93% Aug. 12
♦These are bid an.l asked: no sale made. ( Lass than 190 snares, t Bangs dates from listing on JBxohange, April 8.
1ST F » r I n a c t iv e S t o c k s , see f o l l o w i n g p a g e .
15%
31
15%
31*4
*70
51%
05%
12%
32
15%: 157 16a
32%
33% 33
15%
15% 18%
31%
31% 31%
71
70% 70%
54%:
54% 55%
06%
05% 97
12%
13% 13V
22%
22% 23%
THU CHRONICLE,
314
[VO L. L X V
V O 'tK STOCK E K C H V S O K P W O B S (C o n ti n'ie<l»— I N A . G T I V E S T O C K S .
INAOTIVH STOCKS.
| Indicates unlisted.
Ask.
Bid.
tia llr o a d S to c k a .
Albany < Susquehanna....... — 100
fe
Ann Arbor......... - ...............- ........100
Preferred.......... . . . . . . — ..-.1 0 0
Atlantic & Pacitic................ ...1 0 0
Bostoa s S . Y. Air Line pref-.lOO
Buiwo Rochester A Pittsburg.100
Preferred................................... 100
Buil •Jedar Rapids & Nor.........100
01 -M. Lorain & Wheel, pref.......100
J
Oleve’ and A Pittsburg.. . . . . . . . fiO
Col. Hock Valley & Tol............100
Preferred....................................10<‘
X)pp M
otru**- & Ft. Dodge.......... 100
Preferred................................... 100
Duluth 8o. Shore & Atlantiotl.100
Preferred ................................ 100
Evansville & Terre Haute......... 50
50
Preierred.....................
Flint A Pere Marquette............. 100
Pre'erred... . . . . . . . . . . . . . . . . . . 1 0 0
Green Bay A Western...............100
Deb. certfe. A .............
1000
Deb. eertfs. B .........................1000
Keokuk * Dos Moines.......... ...1 0 0
Preferred..................
loo
Mexican Centra-*.......................... 100
Mex can National tr, otfs.........100
Morris A Essex....................
50
Nash. Chatt. A St. Louis.......... 100
5o
N. Y. A Harlem.............
N. Y. Lack. & Western...............100
Peoria Decatur A Evansville 100
Peoria A 1 astern..............
7
10 0
Pitts. Ft, W. A Cliio. guar........ 100
Reusselaer A Saratoga. .........100
Rome Watertown A Ogdens. .100
Toledo & Ohio Central.......... ...1 0 0
100
Preferred..............
Wisconsin Cent. vot. tr. ctfs.-.lOO
* No price Friday
R a n g e ( t a l e s ) i n 1897.
A u ff. 20.
175
12 %
}36
105
75
168
(4>s
15
11%
70
314
S>2
28
40
J12
{33
39
Feb. 1 7 7 ^ Apr.
] 5% Aug.
JaD.
40 Aug.
m Aug.
h Apr.
81
107 102 Mar. 105 Jan.
20% Jau.
22
1 6 * May
54% July 60 Aug.
62
68
Apr. 75 Aug.
40% Mar.
161 Apr. 1684t Jan.
1 % Apr.
18 Jan.
5
25
i 4 Aug. 46 Jan.
1 4 * July
12 *
7 Apr.
60 Ju y
65 June
3
Apr.
4*8 Aug.
4*4
6is May
10% Aug.
9830
20 Juue 31 Aug.
45
28 Aug. 43 Aug.
127g 7 June 12% A.ug.
30 Mar. 37 Jan.
42% 27^8 Apr. 40 Aug.
14
170
9
2 2 *s Apr.
...... .....
4 Apr.
2 Feb.
4
12 Mar.
16
19
6 Aug.
5>n
6^4
1% Mar.
2
1°8
170 162% June
70 Jau.
295 Feb.
119 Jan.
% June
‘2 h
125S
3% Feb.
6
7
150 May
170
182% 186 177 May
116 Mar.
118
25
40
70
4%
1 June
13%
Ang.
Aug.
J*n.
July
Aug.
Aug.
June
May
Mar.
Aug.
Aug.
Aug.
Jan.
July
4% Aug.
iTHsceilaneoDg S to c k s .
Adams Express............................ 100
American Bank Note Co 1J.........
American Coal....................
25
American Express.............. .....1 0 0
Amer. Telegraph A Cable.........100
Brooklyn Union Gas....................100
Ohio. Juno. Ry. A Stock Yards. 100
Colorado Fuel A Iron................ 100
Preferred.............................. ...1 0 0
Col. A Hook. Coal tr.rcts.allpd. 100
Commercial Cable....................... 100
Consol. Coal of Maryland.........100
Detroit Gas.................................. 50
Edison Elec. 111. of N. Y ............100
Edison Elec. 111. of Brooklyn.. 100
Erie Telegraph A Telephone ..1 0 0
Illinois Steel..................................100
Laclede Gas.................................. 100
Preferred....................................100
Maryland Coal, pref....................100
Michigan-Peninsular Car Co.. .100
Preferred...................................100
Minnesota Iron............................ 100
National Linseed Oil Co.............100
National Starch Mfg. Co...........100
New Central Coal.........................100
N. Y. A Eapt Biter Gas U.........100
Pi ef erred IT
................................. 100
North American Co....................100
Ontario Silver M ining............. 100
Pennsylvania Coal..................... 50
Pu'lm m Pa'aoe Car Co............ ICO
Quicksilver Mining..................... 100
Preferred....................................100
Standard Gas, pref.ff.......... .......100
Tennessee Coal A Iron, p ref... 100
Tesuas Pacific Land Trnst.........100
U. 8. Express................................100
SECURITIES.
Bid.
Ask
SECURITIES.
Bid.
H ig h e s t.
L o w e s t.
155ia 147% Feb. 156
44
42% July 43%
125 113 Apr. 12b
117 109% Jan. 116
85% Jan.
91
94
85 Jan. 1 ? 2 *
102% May 105%
{19
15% Jure 27
75 Feb.
85
7*
3% June
6H!
15%
162% May 162%
170
37%
35 Feb.
38
{34% 35
35
20 Jan.
123 125 1 0 1 * Jan 125%
{114 114% 97 Feb 115%
67%
63% Apr.
H3
4**%
29% A pr.
41
{37 % 38
22 May
70i, Mar. 95
{»8% 93
40 July 50
60
48
10 July
12
52
42 M a y
54
5 8%
58% 38 Apr.
23%
21% 10 M«y
{21
9
3 May
7%
4 * May
5%
5% 7
188* 88% 6 % J ne 93
98 May 117%
116*
3% Apr.
15%'
6%
10-*
6 J -ly
4%l 6%
_
340 <370 340 Mar. 340
152 Jan. 176
{175 I—
4
1 % June
13
8 Apr.
12
9
102 Jan 118%
65 Apr.
80
9
6 Apr.
{8%
37 Feb.
48
{45%
97 Jan 112
108 111
{155
42^3
118
115
91
{120
SECURITIES.
en din g
Aug.
July
Jan
July
June
Aug,
Apr.
Jan.
May
Aug.
May
Jan.
Aug
Aug.
Aug.
Aug.
AU g.
Aug.
Aug.
May
Jan.
Feb.
Aug.
Aug.
Aug.
June
July
AUg.
AUg.
Jan.
Mar.
Aug.
Aug.
Aug.
July
July
Aug.
Jily
Aug.
S p e c ie .
L t g a l s . D ep o sits .
$14,020,0 $2,020,0 $2,370 $14,890,0
18.834.0
14.839.0 2.733.0 4,285
1,098.
11,784,6 3,036,4
14,480,6
1,009.
9.596.0 1.177.0
8.351.0
21.973.3 2.645.7 5,362
27.168.9
245.9
3.977.0
913.
185.0
4.124.0
6,60 i,
,701,7 44.995.4 8.689.3
55.483.4
468
99,4
232.4
3.040.8
2.961.6
497.9 23.523.0 4.300.7
3,118,
23.394.0
1,156.
176.0 4.534.1
844.2
6.792.4
7.194.1
1,460.
,679,1
6.808.4
975.5
1.214.8
165.2
107
155.7
1 ,088,8
228.6 2.100,0
295
2.205.0
260.0
281
164.6
105.2
1.013.4
1,1 49.0
478
492.3 2.934.1
370.8
2.615.6
391
97,2 1.763.5
272.1
2.217.5
622
3.669.6
496.1
170.9
2.871.5
,510,6 23.645.0 2.131.0 5.097
0
21.650.0
0
2,669
,472,4 26,325,3 2.684.1
20,789,2
902,
,670,3 6,010,0
737.2
5.6*0,8
971.2 8.336.3
756.8 2,478,
9.539.2
703.
491.9 2,3*1,9
434.7
3.009.7
1,126.
829.0 12.578.2 2.719.6
14.034.9
9U0,
978.5
653.2
6.812.9
5.800.5
502,
185.4
1.910.0
242.5
2.646.7
558.7 7.962.6 1.132.0 1,520,
9,232,9
,111,4 22.117.2 5.628.4 4.006,
29.341.8
485,
342.0 2.998.0
319.4
3.080.0
341,
521.6
389.8 2.486.2
2.815.6
656,
270.4 2.416.6
158.2
2.901.8
639,1
l,37o,
,003,4
5.808.1
6.378.6
412,
136.7
3.216.3
464.9
3.345.3
,313,2 9.792.5 1.471.0 l,6oo.
11.275.0
5.473.0
995.
216.0
076.0
6.482.9
130.0
325.
406.6 1.755.0
1.650.0
,519,9 23.111.0 3.277.0 4.007,
24.556.0
,189,4 26;080,0 10.856,7 4.872,
37.670.8
139.
167.5
141.8 1.254.3
1.142.6
,026,8 23,813,8 3.516.5 3,381.
25.732.4
609.2
8.596.0 1.589.0 1,539,
10.866.0
677.0 6.129.0
888.0 1,250,
6.444.0
763,
291.1
471.3
3.397.0
4.001.0
,105,1 23.146.5 3,62 L7 3,917,
,
23.660.4
62,1
153.9
1.277.5
217,
1.210.4
646,
620.3 2.774.0
420.0
3.104.0
292,
426.9
585.1
2.729.6
3.320.9
5o8.
296.9 2.763.4
296.0
2,701,3
,511,6 16.953.5 4.632.7 7.812, 6 26.302,3
,119,0 7.166.5 1.293.3 1,244, 2 8,663,5
514, ° 2,932,3
24 8,4
546.1 2.223.4
431, 5} 4.102,7
693.8
676.9
3.215.5
6.817.9 1.087.5
636.1
1,054 "
7,812,4
618.6 6.992.6
991.7 2 035
7.910.8
776.9 4,552.3
865.1
002
5,295,2
247.6
307.6
363,
1,660,8
2,021,4
808,8 4.612.9
899.4
836
6.656.9
334.7 2.246.0
229.0
412.
2.382.0
288.4
7.509.0
932.0 1,632;
9.346.0
339.0
1.751.0
197.0
216
1.504.0
526,6 16.663.1
867.5 4,546,
18.814,3
932,3 4.915.0
945.5
977,
5.496.0
730.8 13.727.6 2.066.4
2.097
15,402,1
271.1
2.716.1
328.4
414,
2.860.9
320.8 4.082.7
582.0
556,
3.927.0
253.8 1.970.2
332.8
290
2,100,7
8.”9.1
152.5
008.9
,021,1
,582.7
Total... ............ |69,022,7 74,363,9^55,170,8^2,012,: 108,917,9 630,589,9
a sk.
84 3* 87
66%
4
Now lork City, Boston and Philadelphia Banks:
)
Banks
L oa n s.
Bid.
Tennessee—68, old.........1892-1898
6s,
w bonds.......... 1892-8-1900
Do
New series___1914
Compromise, 3-4-5-6s...........1912
New settlement 3s................ 1913
Redemption 4s....................... 1907
Do
4% s....................... 1913
Penitentiary 4%s...................1913
Virginia funded debt, 2-3s.... 1991
6s, deferred t%t reo’ta, stamped.
103
126
South Carolina—4%s, 20-40.. 1933 103
1888
.........
6s. non-fund.......... .......
%
B anks .
C a p it a l S u r p V s
Ask.
Missouri—Fund............. 1894-1895
N orth Carolina,—6s, old............J&J
Funding act...........................1900
New bonds, J&J........ 1892-1898
Chatham RR...................................
Special tax, Class I ...............
N ew Y ork C ily H unk S ta te m e n t fur th e week
A u g . 14, 1897. W e o m i t t w o c i p h e r s ( 0 0 ) i n a l l c a s e s .
Bank of New York. $2,000,0
Manhattan Co......... 2.050.0
2,000,0
Merchants’.............
Mechanics’ .............. 2,000,0
America.................
1.500.0
Phenix....................
1,000,0
City.......................... 1,000,0
Tradesmen’s...........
750.0
300.0
Chemical...............
Merchants’ Exch’ge
600.0
1,000,0
Gallatin.........
Bntohei s’ & Drov’rs’
300.0
Me hauics’ & Trad’s
400.0
Greenwich..............
200.0
Leather Manufac’rs
600,0
Seventh....................
300.0
State of New York 1.200.0
American Exchange 5.000.
Commerce - .............. 5.000.
Broadway...............
1.000.0
1,000,0
422.7
Pacific...........
Republic.................. 1.500.0
450.0
Chath m.................
200.0
Peoples’..................
North America......
700.0
1,000,0
Hanover.................
600.0
Irving.....................
Citizens’ .................
600,0
NanBan....................
500.0
Market & Fulton...
900.0
Shoe & Leather...... 1,000,0
Corn Exchange....... 1,000,0
1,000,0
Continental...
Oriental.----- --------300.0
Importer#’* Trad’rs 1.500.0
Park......................... 2.000,0
East River....
250.0
3.200.0
Fourth........... .
Cent' al...........
1,000,0
300.0
Second............
750.0
Ninth..............
500.0
First...............
300,
N. Y.Nat’l Exch’ge.
250,.
Bowery.........
New York County..
200.0
750, German American.
500,
Chase......................
100,
Fifth Avenne.........
200,
German Exchange..
Germania...... .
200.
600,
United States
Lincoln..........
300,
200,
Garheld.........
200,
F ifth ............. ....
300,
Rank of the Metrop.
200,1
West Side.___
600,
Seaboard........
200
Sixth..............
Western......... ..... 2,100
300,
First Nat. B’klyn...
1,200,
Nat. Union Bank ..
500,
Liberty Nat. Bank.
N Y Prod.Exch’ge 1,000,
250,
Bk. of N. Amsterdam
Ask.
Y O R K S T O C K E X C H A N G E P R IC E S .— S 'F A T # B O N D S A U G U S T 2 0 .
Alabama—Class A, 4 to 5 ___ 1906 107
Class B, 5s...............................1906 104
98
Class C, 4s............................... 1906
Currency funding 4s............ 1920
98
Arkansas—6s,fund,Hoi.1899-1900
Non Holford....................................
7s. Arkansas Central RR............
Louisiana—7s, ecu s................ 1914
Stamped 4s.....................................
New consols. 4s..................... 1914
96
(0 0 s o m itte d .)
Bid.
{ Aotual sales.
latest price this week.
NEW
7
4%
28%
9%
2*
170
71
324
122
3%
7
172%
185
120
R a n g e ( s a l e s ) i n 1897.
A u g . 20.
I nactive Stocks.
1i Indicates unlisted.
H ig h es t.
L o w e s t.
(X I n d ic a te * a c tu a l sa les. J
N. Y .'
July 24..
“ 31 .
Aug. 7..
“ 14..
BOS.’
July 31
Aug. 7..
“ 14..
Phi la.*
July 31..
Ang. 7..
“ 14..
C apital A
Surplus.
$
133,853,6
133,853,6
133,386.6
133,386,6
Loans.
Specie.
Leoals.
$
$
91,377,9
91.497,4
92,129.8
92,612,3
$
111,615,1
109,984.0
105,430.4
103,917.9
540.074,6
542,990,2
549,562,4
555,170,8
63,393,8 181,983,0 10,580,0
63.393.8 182.991,0 10.571,0
03,393,8 183,122,0 10,623,0
35,388,0 112,426,0
35,388,0 1)2.484,0
35,388,0 113,171,0
Deposits * n irc’ Vn Clearings
$
622.525,7
623,045,0
6 6,232,3
630,589,9
9
13,534,6
13.431,1
13,384,7
13,185,5
$
644,835.8
623 533.1
710,951,9
739.245,5
9,808 0 178.895, o 7.929,0 87,077,9
9,436.0 180.653.0 7.953,0 102.715.4
9,040,0 177,585,0 7,862,0 90,455,9
36.014,0
35,393,0
37,385,0
117,981.0 6,865.0 50,654,5
11 7.093.0 0,845.0 59 376 7
120,4od.O 6.8 *0.0 61.029,7
W e om it tw o ciphers in all these figures.
t Including tor Boston and Philadelphia the item “due to other bank#” .
Miscellaneous and Unlisted Bonds:
Miscellaneous Bonds.
Miscellaneous Bonds.
Ch. Jun. &S. Yds.—Col.t.g.,58
Jeff. & Clear. C. & I. 1st g. 5s
Colorado C. & 1 .1st cons. 6s,g. * 96%b.
2d g. 5 s ..............................
80%b.
Colorado Fuel & I.—Gen. 5s. * 81 a. Maoliat. Beach H. < L. g. 4s.
fc
_
» olumbus Gas—
1st, g„ 5s_
96%b. Metropol. TeL < Tel. 1st 5s T05*”b.
fc
Coa mercial Cable—1st g. 4s. n06%b. Mich.-Penln. Car 1st 5s
Cons.GasCo.,Chic.—lstgu.5* 102 a. Mutual Uidon Teleg.—6s, g..
De Bardeleben C. < I.—g. 6s. * 82 a. Nat. Starch Mfg 1st 6s .. 103 %b
fe
Det. Gascon. 1st5................. 88 %a N. Y & N. J Telep. gen. 5a .
Edison Elec. 111. Co.—1st 5s.. 112 b Northwestern Telegrapti—7a
%.
Do of Bklyn., 1st 5*.. lll%b People’s Gas & C. / 1st g. 6s. lll% b.
Equit. G.-L , N. Y.,cons.g. 5s. ♦112 t*
.
Co., Chicago. ... J2d g. 6s.
Equitable G. & F.—1st bs_
_ 106%a.
1st coos. g. 6s..................... il5%b.
99 b. South Yuba Water—Con. 6s.
Erie Teleg. & Telop, 5s, g..
Galveston Wharf t o.—1st 5s. 97 %b. Staudard Rope & T.—Inc. 5s. 10 b*
Henderson Bridge—1st g. 6s.
8unday Creek Coal 1st g 6s.
Illinois Steel deb. 5s..............
Western Union Teleg.—7s... Hi? %b
Non-conv. deb. 5s...............
Western Gas coll. tr. 5s . . 103 b
N ote.—“^ ’indicates price b id ; “ a” price asked. * Latest price this week
Ba nk Stock List—Latest prices. *Not Listed.
BANKS.
America.......
Am. Exch...
Astor Place*
Bowerv*......
Broadway,...
Bid. Ask.
325
168
220
300
232
Central........ 160
400
Chatham...... 290
Chemical — 4000
500
Citizens’...... 125
Columbia— 165
Commerce... 204
Continental. 130
Corn Exch... 290
East River.. 135
11th Ward..
Fifth Ave— 3000
250
2500
First N., 8 .1. 120
14th Street..
Fourth......... 172
Gallatin...... 310
Oftnaevoort".
175
250
100
170
300
BANKS.
Garfield__
German Am.
German Ex.*
Germania—
H de & L.* ..
Hud. River..
Im.&Trad’rs
Leather Mfs’
Liberty*. ...
140
Lincoln........
Manhattan...
205
Marketcfe Ful
305
Mechanics’.
M’chs’ <fcTrs’
Mercantile...
3600 Merchant.’ ..
Merch’t. Ex.
Metropol’s...
iso Mt. Morris..
Nassau.......
185 N. Ams’dam.
New York...
335
100 N. Y. Co’nty
Bid. Ask.
550
110
300
300
160
330
85
150
525
140
160
130
750
215
700
95
550
....
240
240
205
125
192
110
160
142% i‘50
112 121
440
110
160 170
200
232
650
BANKS.
N.Y.Nat.Ex
Ninth...........
19th Ward..
N. America.
Oriental......
Pacitic...... .
Park............
People’s......
Phenix.......
Plaza*..........
Prod.Ex.*...
Republic_
_
Seaboard_
_
Second ........
Seventh. .
Shoe < Le’th
ft
Stateof N.Y.
Third...........
Tradesm’n’s.
12th Ward*.
Union..........
Union Sq.*..
Un’d States.
Yorkville*...
Western......
West Side...
Bid. Ask.
80
97
100
135
180*
250
205
100
180
114
155
170
420
100
95
110
20
102
201
175
180
170
120
275
105
190
200275
250
100
110
102
70
130"
ied"
THE CHRONICLE.
A ugust 21, 1897,]
BOSTON, P H IL A D E L P H IA
Active Stocks,
1 Indicates unlisted.
1
Ateh. T. & 3, Ft. I-Bat/on). 100
Atlantic A Pao.
“
100
Baltimore A Ohio (Balt.). 100
Balt, City Pasw’ger “
25
Baltimore Traction “
25
Baltimore rrae’ ntsPAiL).. 25
Boston A Alban r (Batton). 100
Bolton * Lowell
“
100
Boston A
"
100
Central o f Hass..
100
Preferred .......
“
100
CMe. Bar.* Quin.
“
100
Chic. MILA St. P. (PhB.).lOO
O le •■•>«!>.vet.t.o . •
•
50
a t . 8t.Ry.of IW»? “
100
Fltohbursc i>mt..(Botton/.10 0
Leblsfh Valley.. (Phila./. 50
Mewdpot’n rrac.U “
100
Mertoao C ent! (Botlan). 100
815
AND B ALTIM OR E STOCK EX C H A N G E S.
f y S h a r e P r ic e * — n o t P e r C e n tu m P r ic e * .
Saturday,
Aug. 14.
Monday,
Aug. 16.
15% 15% 15%
500. 50(3.
*16
*14% ..._r
....--r *65
___ *1S
*18
18% 18% ___
215 215
215
215 215
215
163
163 163
'11
u s*
•56 - m* *53
m
98
BO?* 98
92% 94% 94%
•9% 9%
9%
92% 92%
313g 31%
92%
31 if
121%
6%
.___ ,
•70
*72
17%
50%
183^
55%
18
Ang. 17.
1539
Wednesday,
Aug. 18.
15% 15%
15%
15
15%
...
16%
__ ,ilw
66
___T '18%
_
18% 18%
215 •21S
215 *215 215%
163% 163 185
U%
11% *11
57
37
99
98% 99%
94% 94% 91%
9%
9%
9%
A
16
_____ *
66
*65
9
18% 18% *18 *
19% 18%
216 210
216 216
___, 215 215
*215
163% 163%
104 164
11% *11 ___ _
*11
*56% 59
*56% 56
96% 97% 95% 97
93% 94% 93% 93*.
9
y%
9% 9*$
93
31%
123%
6%
*»*•*»
92
92% 92% 91
30% ■ 1
3
30% 31
123‘s 123** 123% T21
6%
6
6
e
- rrr70
*67
•69
70
*72 ^
*72
17% 18
17% 18
49% 50% 49
43%
133 181 ♦183
55% 55% 5 5 % 55*4
73% 73 % 7-1
74
12’ 1W 12-’, 12% 13%*
12% 11% I’2%
12
12% 12% 12% 12%
os’ * 92k
30% 31%
6
8% 6%
6
.
**
10 0
_
*70
Preferred . . . . .
•
* 100 •70 T rrr.
*72H
HortaeraContra! (B at.). 50 •73
19
17’ s DU
Northern Pacific (Phila.) 100 17% 17%
51
49% 50%
Preferred
** 100 49% 50'%
*183
014 Colony. ...(BottanJ 100 ♦183
s»% 5 5 % 55%
Pennsylvania. .,( Phila.). 50 53% 55%
74
74% *7 3 % 73\
Ptuladelph, Tr&e.
“
50 73% 74
13 VAh* 13-i,» 13% 12 % 13%
Beading Co........
•
«
50
13% 1 2 % 12%
Union Paofflo.. .(Beaton).100 12% 13% 3 3
Union rraetlea.. ' I’Mla.I. 50 11% 12% 12% 13% 12 % 13
’T fl»e e lla n e o u » S t o c k * .
Am.lug’ r Hr&n.’ i'tlotioni.... 146% 148% 149% 149% 147% 148%
117 117% 116% 117
116% 110%
Preferred. . . . . .
*'
235% 230
236 230%
Bell Telephone..
• 100 237 237
*
144 145
Best A Montana.
“
25 140% 141% I l l ’ s 145
! . r., . ;
'■
25 26% 27% 27% 28% 28% 2 *%
420 420
Calumet A fleet*
*
*
25 415 415 *425 125
62
62
67
Canton. Co ........ 'BaU.i. 100
80 ♦ . . . . . 60
60
59% 60
Consolidated G a*
“
100
_
27% 27% 27% 27% _ T .**»»
Elec.3tor. BaCyf IHUfeU. WO
31
30
31
31
30
Preferred f
*
• 100 31
66
Erie Telephone.fBoMeuj.lOO 66
60% 00% 06 % 07%
38%
38% 36% 30
General Kleotrto.
“
100 36% 37
.82
81
m
82
82
Preferred........
100 81
43
43
42
13
44
Illinois Steel .. . .
• 100 43
•
20
ao
*18% SO
La<n*on8tore9er
H
50 •19% 20
Letu'hOoalASav. fykOa . > 50 •14% 45
4 4 % 14% *44% 41%
190 121
123% 125
N, 8 .Telephone (BatUmf.lQO 118 n o
15% 13% 15% 15%
Pa.HeatX.APaw fPHU*.}.....
90
SO
Unlt’ d G * , Imp. *
5
"
50 79% 79% 79% 80
*8% 49% 49
49%
Wetsbach Light t
**
5 41% 40
1%
West BodLanrt.,f‘ 8 e » « « » ,...
1%
1%
1%
1%
* Bid and asked price*: no #ale was « ad*.
(few England....
Thursday,
Aug. 19.
Sales
Friday,
Aug. 20,
14% 15%
%
*%
*13
14%
*65
63
*13% 18%
*18% 19
216 216
’ 2>3 214
•103 16 4
11
11%
*5«i# 58
9 3 % 95%
9 1 % 93%
9%
9
21
92
92
30% 31
521 12 4
5%
5%
*35
4a
70
70
*?2
17% 1*7%
43% 49%
*!8 2 k 183
5 5 % 85%
7 3 % 74
1211)6 13*l*
11% 12%
13% 12%
Week,
Shares.
Lowest,
Highest.
8,647
95g Apr. 20
50 15o. Feb. 17
___ (| 9 Aug. 2
t
59% Jan. 13
55 17 Jan, 12
430 17% Jan, 7
37 209 Jan. 4
13 205 .Tan. 2
86 157 J uue 2
147
9 Apr. 22
25 56 Mar. 26
30,571 69% Jan. 5
20,500 69% Apr. 19
1,253
6 May 7
224 89% July
1,884 20% Pe >
.
722 99*4 May
2,215
5 Aug.
IS Apr.
Si 57 Feb.
67 ^ Jao.
9.431 10’ s Apr.
11,1 3 33*$ Jan.
4 176*4 M ty
2,913 5 1% May
3.0 4 66% Jan.
32.722 8bis 4pr.
25,808
5 A or.
32,949
8% Apr.
16 Aug. 16
TOO Aug. 12
17^ Jan. 8
66 Apr. 17
20% A or. 2
20’ s Apr. 2
217 Mar. 4
215% Aug. 12
166 Jan. 18
11% Aug. 16
58 Mar. 3
99 Aug. 16
94% Aug. 16
0% Allg. 11
25*4 Jan. 20
17 95 June 4
18 32% July 22
3 124 Aug. 11
11
9% Jan. 30
« 37% Jan. 19
15 74 June 25
27 73% June 15
30 18% Aug. 17
15 51 % Aug. 12
26 183% Ang, 13
3 56% Aug, 6
5 74% Aug. 6
10 13% Aug. 12
12 14% Aug. 12
29 13%,Mar. 3
20,667 109% Mar. 2 » 130 Aug. 19
147 149
147% 1*9% 148% 150
521 100*, Jan. 6 117% Aug. 14
116% 110% 110% 111% 116% 116%
238 23 7 237 237
887%238
160 205% Jan. 4 738% Aug. 9
144% 14 4 % 144% 145
111 145
7,182 94% Jan. 2 145 Aug. 16
2s a 28% 28% ’27% 28% 43,937
0 Jan, 11 29% Aug. 17
29%
417** 420
ISO 420 *417 420
129 326 Jan. 2 425 Aug. 16
1 00 60 Jan. 8 07% Feb. 6
65
♦00
*00
59
*
59% 59
206 55 Jane 2 62% Jan. 15
5 9 % 59 k * 1 1
27
26 S 20% 27
*20% ‘27
1,054 15% Apr, 22 31 Feb. 1
30
715 17% Apr. 30 33 Jan. 29
29% •I\l\ 30
30
SO
66% 6*
7 3 3 63% Apr. 1 67% Feb. 24
06% Oa’ s '66% 67
35% 35%
35% 35% 38
36
1.43c 28% May 17 38% Aug. 4
80
80
80
SO
H
I
•so
2-1 66 May 18 82 Ang. 12
43
33C 29% Apr. 21 ■16 Aug. 7
*43
44
u
43
43
20
20
19% * 19% 19%
105 15% June 21 ■23% Pei). 1
17 37 % May at 44% Ang. 16
45
41% U% *44% 4)%
123 124
213 101 Apr. S 12 , July 30
132 t '« % 12 4 123
15% 15%
2,210 13 Apr. 30 16 Mar. 18
l.Vk 15%
15% 15%
79% si)
79% hO
70% 79%
1,88s 70% May a 80 Aug. 9
49% 49%
391 38% Apr. ( 4t-% Aug, 4
48% 49
1%
1% July 7 2% Feb. 9
576
l%
'1%
tM 1%
1%
J Trust reo.,all instal. paid.
Bid. Ask
Bid.
Bid.
B on ds.
Inactive Stock*,;
Bond*.
Price* of August 20.
Boston Halted Oa*. 2d m. 6S..1939 1 77
78
Pa. A N. Y. Canal, '* ... Jr
0.
Burl. A Mo. River Ere apt 6*. JAJ 1U9 119%
io s ”
MfA.lOOt 07 , 98
Atlanta A Charlotte (Bail.)
Con. 5s........................ 193
Non-erempt 8s.........1918, JAJ 1107 108
B o m a A Providence (Bottom
98%
98
KMD4M »«?> 263
People’s Tran, trust oerts. 4a..
Plain 4*........................1910, JAJ i 95
Camden A Atlantic pi. (pn.Ua.) 50 ...................
97
Perklomen, 1st ser.,5a.1918, Q—
J
50 ...................1Ohio, Bari. A Nor. 1st5,1926, AAO 51C4V 103
ObCavlM *............. .
Phil a. A Erie gen.M. 5g.,l920, AAO
2d mart. 8*........ ....... 1918, JAD jlOO 101
let preferred .............
*
* SO 51 ........
Gen. mort., 4 * ......... .1920, AAO
.......
Debenture 8«......... ..1896, JAD
Central Ohio ............... (Ball.) 50 24
Phi la A Read. 2d. 5 s ...1933, AAO
Chicago A West Mleh. (Boston). 100; ifl
17 Okie. Burl. A Qninoy 4s ,1922, F&A
96 *97*
Consol, mort. 7s........ 1911, JAD
150 , Iowa Division 4*.......1919, AAO
149
Connecticut A Pass,.
100 •, ,
98 100
Consol, mort. 6 g ........ 1911, JAD
Improvementftr 6 g., lg97. AAO
Connecticut River . . .
*
•
100:255 260
Crlc.AW.Mleh. gen. 5«, 1921, JAD 57
00
Coaaot Tract of N.J.?(PaUa,).100 29 :
IConsoLof Vermont, 5a.lfll3, JAJ 59
( ’on. M.Of 1882, 4 - .... 1037, JAJ
BO
Delaware A Bound B r.
•
*
100
178 ; Current Rivet, 1st, 5»..1927, AAO: 60
70
Terminal 5s, g . . . „ 1 9 l l , Q.~P.
runt A Fere Marq...(Boston).100 11
72
Phil. WUm. A Balt., is . 1917, AAO
12
Dot Ur.Rap.A W.,1 H 48,1916. AAO 71
Preferred ..................
*' 100 32 ■ 34 ■« astern lat mort 8 k.19O 0,M *8.„ t. . v 121
:
Pitts. G A 8t. L., 7S....1900, PAA
5120
Hastenvlile Pasaeng. fphila.1. 50 50%
f ree.Elk. AK. V.,1 st,6s. 1933, end. 1133
Reading Co. gen. 4s.......1997, JAJ
Prete*rod If................
“
50 s i b
Unstamped. 1st, 6», 1933.......... 13 I
Rochester Railway, con. os ..1930
Bunt. A BroadTop...
”
50! 13
15
70
8chnyl.R.R.81de,lBt 5 g, 1935, JAD
Preferred........... .
*'
50: *4 : 14% k a p.8 ,
90
Union Terminal 1st 5s.......... FAA
Kan. C y Pt.8. A Hem.(Bo*to»).100: i s : 20
K.C. Mem. A
78
Preferred ..............
*' 100 45 : 50
122
Atgn°tn f e l £ f ^ ? r fl9 0 7 . JAJ
a
s
K.C. 81, Jo.
, o . . , w , , ,a u
Little Schuylkill........ (Phila.). 50,
52 i ...... L» Rook A Ft H.j 1st, 7s., 1905, JAJ 03
Baltimore Belt, 1st, 5s. 1990, MAN
95
Maine Central.........., Bottom 100 123*8 125
T.o
L.,1 > .1g.192iS.AAO U ■ 105
:
>
Balt. 0. Pass, let 5 « ....1 9 U , MAN
Mine Hill A 8.H »v«n .fP 5 «a .;. 50 55 ; 55%
a
2 m .,5—6 g ................1936, AAO 15
89
Balt, Traction, 1st 5S..1929, MAN
Nesuhebontog V a l. . .
'•
50 55
.. Mar. tl. A Oat., 6s.......1925. AAO: no 111
Elton. A irupt. 6 s ....1901, MAS
North American Co..
*'
100
„ Vtetleaa Central, 4 *...1911, J *J
63
No. Balt. Dlv,, 5s.......1942, JAD
62
North Pennsylvania.
"
50 99
89%
1st consul,Incomes, 3 *, non-com. 13% 15
Baltimore A Ohio 4 g „ 1935, AAO
Or.Sh. Line all aiwt.pdf Boston,).100 21% 22
2d ooasol.’tnoomee! 3«,'non-o
, non-cam.
6
Pitt*. A Conn., 3 g,..,1925. PAA
5
PennsylvanlaAN, w. (Philo.),. . 50 ____ ,____ . . N. _____N.Kng,, 1st,7s, 1905, J*J* *119 120
........ . . Y, A 1
J
______
. ,
Staten toland, 2d, 5 g.1926, JAJ
..
Phlladel. A Erie........
“
50
19
21
latm ort. 6s.................1905, JA.J >112 113
Receivers’ certificates, 6s..JAD
Rati and .................„fB o «e »J .1 0 0
1
2
Ogden. AL.C.,C od.6 s...1920^ A O
85
Do. Maryland Oonstruo., 5 s .......
90
Preferred................
”
1 0 0 ,.............. .
In o.6s............... .......... „« ...1 9 2 0
Do. Plttsb. A Connells., 5s..JAJ
,| 15
Bonthern.................. . (Balt./ ,10<1 .............. .
Bo tiand, lst,6 «............1902,MAN 105 :lOd
Do. Main Line 5s.......................
• 100
•
Preferred...................
Bai.AOhlo 8, W., let, 4 %g.1990, JAJ
...
.
.1898,PAA
, ........„ .2d, 5s.. .
99 iioo
West End.................. ( B o t t a n ) . 50
OapeP.AYad.,6er.A.,6g.l916, JAD
Preferred ..............
“ 50 1
A «an ? 0 « W ^ M * N
8t
1 1 0 % Cent. Ohio,4% g ........ ..1930, MA8
United Cos. of ft. J .. (PhOa.).lOO, 2 5 1% . . . . . . j Bnffaio By. con. 1st, 5s.......... 1931
Cent. Pass., 1st 5s....... 1932, MAN
West Jersey A Sea Sh.
•
<
50 49% 50
LMawtUa, M.,7s........ 1900, PAA 106
City A 8ab„ 1st, 5s........ 1922, JAD
Western N.Y. A Penn
'*
100
2% 2% Choc. Okla. A (Jnlf, prior Hen 6s..
Chari, Col. AAag.ert.5s.1910, JAJ
, 111
Wisconsin Central...(SotSon/.lOO.
3%
4
General 5s................... 1919, JAJ "8 4 " i 84% Col. A Greenv., 1st 5-8s.l917, JAJ
Preferred — .............
“
100
7
8 ; Cttlxcn»'8t.Ky.of lnd.,cotu5al933
GeorglaAAla.,lstpf.5«.1945,AAO
. 76
Wore'st.Vasb. Aftoch.
■
*
100 117 120 ; Colamb, 8t. Ky„ 1st, eon. 5s.. 1932
Ga,Car. A Nor. 1st 5 g ..l9 2 9 , JAJ
MtaOEntASBOtJA
Colnmb. O. Crosstown, lst,5s,1933
Georgia Pa,:., 1st 5-0S...192Z, JAJ
AUonex Mln’g, asst pdf H a tto n ). 25 •50 1-00 ConsoL Tract, of V. J., lBt,5s,1933 04% 95
Geor. So. A Fla,, 1st os.. 1945, JAJ
Amer, Ry. EL Light,. ( P h i l o ./ .......
6
Del, A B'd BPk, 1st, 7s.1906,PAA 121%;
5
North. Cant. 6s............... 1900, JAJ
Atlantic Mining.......fJtosfcmj. 25 24
24 %'. Easton A Am. lstM.,5s.l920,MAN
6s.................
1904, JAJ
i'07%
Bay State Gas f ....... .
*
*
50
7
7 %' Elco. A People’sTrao. stock, a . ctfs "73% 73%
Series A, 5s................. 1926, JAJ
Boston Land................
**
10
4
4% R
’ T 'lo , '• ! 118
4% s............................. 1925, AAO
Centennial Mining...
"
to
9 % :fl Rstonvltle M, A P „ con. 5s„1924 110 I
Pitt*. A Connells. Ist7 s.l8 9 8 , JAJ
Fort Wayne Elect.6 ..
«
25
Southern, 1st 5s..............1994, JAJ
r< 2 iiHnnt. A BPd Top,CoB,5».'95,A AO 107
Franklin M ining,....
"
25 16
16% K. C. Hub. Belt 1st 6s...1920, JAD
Virginia MM., 1st! 6 s ... 1906, MAS
Frsnehm'n'eBay I/d .
“
5
80
2d Series, 6a.................1911 MAS
%
■ Kan.C.PItto.AG.lat 58.1923, AAO 79
V
Kearsarge Mining....
*'
25 20%: 21
Lehigh Vav. *% «.......... 1914, O -J ......... 113%
3d Berles, 6 s . . „ . ....... 1916, MAS
Osceola M ining.......
«
2 5 : 38
.
4th Series, 3-4-5s...... 1921, MAS
38 %; 2d 1. • gold........ .........1897, JAD 101%
Pullman Palace Car.
“
100 175 175% General mort, 4%», g.l924,Q —F .
5th Series, 5s..............1926, MAS
Pennsylvania Steel., (Phila.).! 00 ___ 34
Lekigb Vat.Coal l»t5s,g.l933,JAJ .96%
.West Va,C,AP. 1 st,6 g.1911, JAJ
Preferred 1j. ...............
" 100 ........ . 60 Lebdgh Valley, 1 s t6a...1898,JAD 103%
Wllm, Col. A Aug., 6s.. 1910, JAD
'4 a! noy Mining----- Bmimt). 25
2d Y e ...,
.............. 1910, MAS 136
MISCEHUAlOfOO*.
113 no
’i amarack Mining__ _
“
25 135 137
Consul. 6 ......................1923, JAD 117%
iBaltimore Water 5 s ...1916, MAh
« ater Power...........
■
*
100
1
Newark Passenger, otto. 5s... 1930 109 109%
Funding 5s........ ........ 1916, MAI
Wswtogh, Elec, * < *
50 25
15% North F-tin. 1st, 4S....1936, KAS 112%
j Exchange 3 %s..........1930, JAJ
r n t , m tnolaUre.
“
60 53
65%
Gen. M. 7s................... 1903, JAJ 118%
;Virginia (State) 3s,new .l832, JA..
Pennsylvania gen. 6 * ,r„1910, Var 133 134 ; Ponded debt, 2-3S....... 1991, JA.I
4s, 1995
85%
Oonaoi. 6s, 0
...........1905, Var 118
IChesapease Gas, a#.......1900, JAD
66
Consol. 5 s ,r ........ .— ...1019, Var
Adjwitmen:. «. 4*. 1995............. . m
.1 91 0 , JAD
Consol. Gan. 6*..
B«*4SB: United 0** le t Ss.» ......... 591 : 92 ! millet. Tr. 4% - ...... 1013 ,JAD
’ PriceInclude* overdue oonnon
7 Unlisted,
* And aoorued interest.
io f"
126
132
.......
102%
104% 105
118% 119
108
84% 85
90 _____
104%
118%
80%
114%
113
100
113%
103
.........
84
115%
.......
107
114%
......
ioo% 100%
97
65
iiT "
113 . . . . . .
103
114
103%
89% 89%
117%
99% 99%
107%
114%
102% ___ _
. . . . . . 94%
118%
114 . . . . . .
105
108
122% . . . . . .
104% 105 "
74
66% . . . . . .
107% 108%
THE CHRONICLE
3 IB
fV0L. LXV,
N E W YO R K S T O C K E X C H A N G E P R IC E S (Continned)— A C T I V E ROVDS A U 7 . 4 ) A N D F O R Y E A R
Rxjlboad AND
Miscellaneous B onds.
-
. I C l o s i n g R a n g e ( s a l e s ) i n 1897'
Jill .H l J
FtCC i — — — — — — —— —
— —
—
1 e r i o d ^ Ug 20 J L o w e s t. I H ig h es t.
108
106 Feb. 109 Jan.
Amer. Cotton Oil. deb., 8g-1900 Q - F
86% Aug.
86%
70 Apr.
Amer. Spirit 61 fit., lBt, 6g.l9ir> M 4 S
8 4 'a Aug.
84
74ia Jan.
Ann Arbor.—1st, 4s, g...... 1995 Q -J
87% Aug.
A & O 86%
78% Apr.
A t.T
8.F.—New gen. 4s. 1995
57% Aug.
56
41% Apr.
Auj^stment 4s...............-..1995 Nov.
B’way*7tbAv.-lst.oon.g.5s’43 J & D 120% 116% Jan. 12034 Aug.
. , _ _.
Brooklyn Elev. 1st, 6 g ....l9 2 4 A Sc O 't 82 b. 70 Feb. 183% Aug.
Union Elevated.—tig .... 1937 M & N t SO b.j 68 Feb. t83 Aug.
70 May 90% July
fc
Bklyn Rap. Trans., 5 g — 1945 A < O 89
Bklyn.Un.Gas.lst.con.5g. 1945 J & J 113 b. 105% Jan. 115 Aug.
fc
B’klynWhrf&W.H—lst,5s.g. 45 F < A 97 b ; 91% Mar. 101 Jan.
BuH. R. & P.—Gen. g. 5a. 1937 M & S *101 b. 95% Mar. 101 AU£.
Canada Southern.—1st,5s,190s J & J 110 b. 108 Jan. 113% June
2d, 6s...................................1913 M & 8 109 b. 104% Mar. 10.4 Aug.
Cent, of Ga.—1st, g., 5 s ...1945 F Sc A 113 b. 112% Feb. 115% July
Cons., 5a, g ......................1945 M & N 94 b. 86% June 94 % Aug.
Central of N. J.—Cons.,7s, 1899 Q - J 106%b. 106% Apr. 108% Mar.
113% June 115 May.
Consol., 7s.............
1902 M & N
General mortgage, 5 g ... 1987 J & J 113% 106 May 118 Feb.
90 Apr. 104% Feb.
Q -M 101%
Leh.& \V.B. ,con. ,7 s,as’d. 1900
“
mortgage5s.l912 M & N 80 b. 75% May 90 Feb.
113%b. 113 Aug. 116% Feb.
Ana. Dock & Imp., 5 s___1921 J & J
Central Paolflo.—Gold, 6s. 1899 J & J 101%b. 100 Jan. 104% June
Exten 5 g.........................1898 J & J *100 %b. 99% Jan. 103% June
Cb.es. & Ohio. -Ser. A, 6g. .1908 A & O 120 b. 119 Jan. 121% June
Mortgage, 6 g . . . ...............1911 A & O 121 %b. 118% Jan. 122% July
1st consol.,5 g ..................1939 M & N 110%b. 107% Jan. 112 Apr.
72 Mar. 82% Aug.
General 4 i«s,g ................1992 M & S 82%
R .& A.D lv., 1st con., 4 g .l9 89 -I & J 101 %b. 97 Jan. 104% Mar.
92 b. 86 Jan.
94 June
“
2d con., 4 g ..1989 J & J
Ohio. Burl. <6 Q.—Con.7s. 1903 J & J llo% b . 115 Jan. 120% June
105 Aug.
fe
Debenture, 5s.__________1913 M < N 105 a. 93 Feb.
Convertible 5s..................1903 M Sc S 110 a. 99% Mar. 110 Aug.
Denver Division 4s.........1922 F & A 97%b. 93 Feb. 97% June
87% Jan.
94% July
Nebraska Extension, 48.1927 M & N 93%
Han. & 8t. J os.—Cons.6s.1911 M & S 119 b. 118 Mar. 122% July
Ohio. * E. IB.—1st,s. f. 68.1907 J & D 113 b. 114 Apr. 115 Apr.
Consol. 6g..........................1934 A & O *126 b. 124 Apr. 128% Aug.
98% Feb. 102% Aug.
General consol., 1st 5 s .. 1937 M & N 101%
Chicago & Erie.—1st, 5g. 1982 M & N 111 b. 108% May 112 Jan.
J an. 105 June
Chic. Gas L. & C.—1s t,5 g .. 1937
Sc J *102 b. 93
82
SO July 83 Aug.
Sc
Ch. Ind. & L.—Kef., g., 58.1947
138% 128 Jan. 139% June
Ohio. Mil.< Bt. P .-Con.7s.W O;
&
&
117 b. 115% Jan. 120% June
Sc
1st, SouthwestDlv., 6 s ..1909
118 b. 115% Jan. 120% June
Sc
1st, So Minn. Div., 6 s.. 1910
114% 112 Jan. 117% June
&
lst.Ch APac.W .Div.5s.,1921
111 b. 106% Jan. 113 June
Sc
Ohio. & Mo. Rlv.Div.,58.. 1926
110%b. 110% Jan. 115 June
&
Wise. A Minn.,Dlv ,5 g ...l9 2 1
112 b. 110% Jan. 115 June
Terminal, 5g..................... 1914
Sc
103 a. 96 Jan. 103% June
Gen. M .,4g.,serlesA ___1989
Sc
Jan. 118% Feb.
MU. & Nor.—1st,eon.,6s. 1913
Sc D 117 %b 118
143%a. 140 Jan. 147 July
Ohio. A N. W —Consol.,7s.1915 Q - F
Coupon, gold, 7 s . . . ......... 1902 J & D 117%b. 116 Jan. 121% May
114 Jan. 120 Aug.
Sinking fund, 6s.............. 1929 A & O 120
108% Apr. 113 Juiy
Slnklngfund, 5s.............. 1929 A & O 113
Sinking fund, deben.,5s. 1933 M & N 117%b. 1 1 0 % Jan. 1173i July
25-year debenture, 5 s .. 1909 M & N 109 %b. 106 Jan. 110 Apr.
Extension, 4s...................1926 F <c A 102%b. 101 Jan. 106 J uly
S
Mil. L. Sh. A W., 1st, 6g,1921 M & N 135%b. 131 May 135% Aug.
112 Mar. l l 7 July
Exten. A Imp., 5g....... 1929 F & A
128% Jan. 134 June
Chic.R.i.AFao.—6s,coup. 1917 J * J
te
Extension and col., 5 s .. 1934 J < J 105% 101% Jan. 108 June
fc
30-year debenture, 5 s ...1921 M & S I04%a. 93 J an. 104% Aug.
128 Jan. 133% May
Ohio. St. P. M. & 0 . - 6 s . . 1931 J Sc D 131
42% July 45% Aug.
44%
Chic. Ter. Trans., ctls. of prop.
98 May 103 Auir.
Clev. Lor. & Wheel.—5 s ... 1933 A & O 103
130 June 134% May
0. C. C .A I.—Consol.7g ..1 9 1 4 J Sc D
123% Jan. 127% May
General, consol., 6 g ___1934 J Sc J
92% Jan.
96% Apr.
O.C.CABt.L.-St.L.Div.,4s.l990 M Sc N 95%
Peoria A Eastern, 4s. .1940 A & O 76 b. 68 J une 78% Aug.
119 %b. 115% Mar. 120 July
Col. A 9th Ave. gu. 5s, g.,1993 M Sc S
63 Feb. 88% Jan.
Col.H.'Val.A Tol.—Con., 5g. 1931 M & S \ 74
General, 6g____________ 1904 J Sc D 55 b. 49% Feb. 87 Jan.
Denv.A Riour.—1st,7s,g. 1900 M & N 110 b. 109% May 113% Apr.
lstoonaol.,4g..................1936 X A J 89 a. 87% July 90 June
Dul. & Iron R’ge -1st, 5s. 1937 A & O 102%a. 97% June 103% Aug.
102 a. 99% Jan. 104 June
Dnl. So. Sh, A Atl.—5K ....1937
Sc
Edison El. 111.—l8t,con.g.5s.’95
Sc J 112%b. 104% Jan. 114% J une
_
Erie—4, g , prior bonds_ 199b J & J 92
88% May 95% Feb.
General, 9-4, g.............. 1996 J A J 1\ %
62 May 72% Aug.
Erie Ry.—1st, con., 7g..l92C M & S 145%a. 13y% Mar. 144 July
L’g Dock, consol., 6 g .1935 A Sc O 137 b. 133% Jan. 136 Mar.
Ft. W. A Den. City.—4-6 g.1921 J S c l )
66%b. 53 J an.
68 Aug.
Gal.B.A8atj.An-M,&P.D.lst,5g M Sc N * 89 b. 88 May
91k! Feb.
Gen. Electric.deb. 5 s ,g ...1922 J Sc D 100 b. 90% Jan. 100 h, Aug.
Hons. A T. Cent. gen. 4s,g.1921 A Sc O
76 a. 65% Apr. 75 Aug.
t lllnols Central—4s,g.......195c M Sc N 100 b. 99% Jan. 103 Jan.
■WesternLines.lst, 4s, g .ly o l F < A lu 2 b .1 0 0% Feb. 105t2 May
A AI
&
Int.AGieatNor.—1st,6s,g 191b' M Sc Nl 119 b. 117 May 120 > July
2
2d,4%-5e..................
1906 M Sc S 84%b. 73 Jan.
85 Aug.
88 Apr. 97ta Jan.
Iowa Central.—1st,5g___1938 J & D ! 97
Kings Co. Elev.—iBt.og.. 1925 J & J. 1 55%b. 44 Feb. 55*2 Aug.
9302 Jan. 10302 Aug.
Laolede Gas.—1st, 5 s ,g ...1919 Q - F | 101%
Lake Erie A West.—5g___1937 J & J 116 b .!ll3 o , Jan. 118 June
L. Shore.—Con,cp„ 1st, 7s. 1900 J & J, 1093s ,109% Aug. 114 June
Consol, coup., 2d, 7b.......1903 J & D ............ 119 Jan. 12404 Mar.
Gold, S%s..........................1997 J & D 1030sb. 103% July 104 Juue
Leb.Val.Ter.—1st, gu., 58.1941 A A O 1 1 1 b. 100 Apr. 111% Mar.
Lex. Av. APav.F.gu. 5s,g 1993 M & 8, HOOgb. 1150« Mar. 120 July
Long Island.—1st bon.,5g. 1931 Q -J
118 a. 113 Jan. 119 May
j 76% Jan. i 88% Mar.
General m ortgage,4g...1938 J & D 88
Louis. A Nash.—Cons.7s..1898 A & O 104%b. 102% Apr. 106% Mar.
N.O AMobile, 1st,6 g ... 1930 J A J 120 b, 116 Jan. 123 June
“
"
2d, 6 g.. 1930'J A J 105 b. 98% Jan. 103St Mar.
General, 6g....... .............. 1930 J & D 116‘sb. 116% Jan. 1183j May
Unltted,4g........................ 1940 J & J 8 01} i 78% Jan. | 8402 Aug.
Jan. 1 15 % .'une
Lonls.N. A. ACb.—lst,6 s,1 91 0 :j A J 112 b i l l
Railboad and
Miscellaneous bonds .
1 8 9 7 ,'
I n V s l C lo s in g R a n g e ( s a l e s ) i n 1897.
P r ic e
P e r i o d ; A u g . 20.
L o w e s t. | H ig h es t,
L.
N.A.&C 11.—Con.6g.tr.rs. 1916 A & O 181 May it92% July
9704
Manhattan consol. 4s....... 19H0 A & O
91% Apr. I 97% Aug.
Metro. E levated .- 1 st, 6g. 1908 J & J|*118 b. 11638 Jan. 121 June
’
|
2d.6a .................................1899 M A N 105%b. 104% J une 107% Apr.
Mex. Internat’l—1st, 4, g.1942 M & S1 ............ 69 Mar. , 73 Jam
Mioh. Cent.—1st,cons.. 7s. 1902 M & Nj 116 b. 116 May 1119 Apr.
Consol., 5s.........................1902 M & Nl 107%b. 105% June 108 Mar.
Mlnn.«fcSt.L.—1st oou.5s,g. 1934 M & N *105s,b. 100 Jan. 105% Aug.
96 Aug.
Mo. K.<fc E.—1st 5s, g., gu..l942j A & O 95 %b. -88% May
86
M. K. & Texas.—1st, 48,8.1990, J & D
87 . Aug.
82 Jan.
2d,»s, g ............... .....1 9 9 0 p & A 62
64% July54% May
92
92 % Aug.
Mo. Pao.—lst,oon.,6g____1920 M & N
68 May
3d, 7 s ....
1996 M & N *104 b. 98 Mar. 106 Aug.
Pao. of Mo.—1 st, ex., 4 g .1938 F A A *100 b. 100 Apr. 104 July
2d ext 5s....................1 9 3 8 J & J,*101 b. 100 Apr. 103% Jam
T *' T
103 Apr. 107 Aug.
St.L.klr.M t.Ark. B .,5s.l935 J A D 107
104 June 104% Aug.
1st ext., g„ 4% s............1917 F & A *106
87% Aug.
67% May
Gen. R’y Aland gr.,5g.1931 A & Oi 86
116% June 121 May
Mobile A Ohio—New 6g ...1 9 2 7 J A D| 120
77% Aug.
65 Apr.
General mortgage, 4s. 1938 M & Si 76%
Nash. Cb. < 8t.L.—1st, 7 s .. 1913 J & J *129%b, 127% Jan. 133% June
fe
Consol., 5g........................ 1958'A & O
98% June 102% Mar.
N. Y. Oencrsu—Debtexi.4s.1905 101 J an. 105 July
1st, ooupon, 7s.................1903 «
117% Jan. 121% Apr.
106 Mar. 111% Aug.
Deben., 5s. coup., 1884.. 1904 ;
110 May 114 Mar.
N Y. Sc Harlem,7s, re??.. 1900 *
117% Jan. 121%.July
R.W. Sc Ogd., consols, 5s. 1922 105 Jan. 110% June
West Shore, guar.. 4 s ....2 3 61 *
103% Apr. 107 Aug.
N. Y. Chic. Sc St. L.—4 g ... 1937 *
N .Y . Laok.&W .—1st, 6 s.. 1921 •
136 Mar. ! 139 Aug.
116% Mar. 118% Aug.
Construction, 5s..............1923
132% Feb. 140 Mar.
N .Y . N. H. &H.—Con. deb. ctfs. 98 Aug.
N.Y. Ont. & W.—Ref. 4s, g.1992 J
88% Jan.
May
Consol., 1st, 5s, g......... ..1 9 3 9 J Sc D 110 a. 108% Feb. I l l
N.Y.Su8.<feW.lstref.,5s, g.1937 J Sc J "106 b. 100 Jan. 105 June
Gen. 5 g .............................1940
68 June 87 July
Midland of N. J., 6s, g ...l9 1 0 A Sc O 119 b. 116% Apr. 120% July
Nor. & W. Ry.—1st, cona.,4g.’96 A Sc O 75 b. 67% Apr.
77% Aug.
No. Paolflo—1st, coup. 6 g .l9 2 i •
113 Jan. 120%June
Prior lien, ry. & l.g. 4, g.1997
85% Jan. I 91% Aug.
General lien 3 g...............2047
59% Aug.
51% Apr.
97% May ,110 Mar.
No.Pacific Ter. Co—6 g .... 1938 *
Ohio&Miss.—Con.s.f., 7S.18981 & J
J
102% July 1106 June
Ohio Southern—1st, 6 g ... 1921 J &1>
83% Feb. I 90 Jan.
General mortgage, 4 g . .l 9 z l M Sc N
16 Aug.
t 8% Apr.
Oregonlmpr. Co.—Is t6 g ..l9 1 0 J & D
184% Juue 106 Aug.
Consol., 5 g .......................1939 A Sc O t 31
15 Feb. t31 Auer.
Ore. R.&Nav. Co.—1st, 6g. 1909 d & J 1124
110 Jan. 114 Apr.
RR. & Nav. consol., 4 g. 1946 J Sc D * 88
89% Aug.
80 Jan.
Oreg. 8h. Line— 1st,6s,g.. 1922 F & A 118
t l l l % Jan. 121 July
93% Aug.
1st, con. 5s, g........ ....... 1946 J & J 92*
86 July
Non-cumul. ino. A, 5 s ... 1946 Sept.
59
Aug.
44 July 61
Penn.'Co.—4%g, coup.......1921 J Sc J 1123
109% Jam 113% May
Peo. Dec. & Evansv.—6 g.1920
92 May 104 Feb
Evans. Division, 6 g ....... 1920
91 Juue 106 Feb.
2d mortage, 5 g................ 1926
27% Jan.
110 May
Pitts. Sh. Sc L. E ., 1st, 5 g.1940
95 Jan. 108 Aug.
Pittsburg Sc Western—4 g. 1917
66 June 75 Aug.
85% Aug.
Reading Co.—Gen., g. 4s .1997
80% Apr.
Rio Gr. Western—1st 4 g ..1939
80% Aug.
70% Mar.
St. Jo. < Gr. 181.-2-3-48.. 1947
fe
67 Aug.
62% June
St. L. &8an Fr.—6g, Cl. B . 1 9 0 H
112 Jan. 115% Feb
General mortgage, 6 g.,1931
108% Jam 116% June
General, 5 g................
1931
94% Jan. 101 % Aug.
Railroad, 4 g .................... 1996
73 Aug.
62% Jan.
St. L. Sc So. W.—1st, 4s, g.1989
74% Aug.
59% Apr.
2d, 4s, g., income.............1989
31% Aug.
15 Apr.
St.P.M.&M.—D a k .E x .,6g .l91 0
116% Jam 122% July
1st consol., 6 g................. 1933
123 Jam 129 June
M
reduced to 4% g ..
1 0 2 % Jam 107% June
94% May
Montana extension,4 g.1937
87% Jam
San.Ant.A A .P .—lsi,4g.,gu.’43
63 Aug.
54% J an.
So. Car. Sc Ga.—1st, 5 g ...l 9 1 9
95 Aug.
87% Feb.
So.Paolflo, Ariz.—6 g ... 1909-10 J & J
90 Feb. 100% Aug.
So. Pacific, Cal.—6 g ... 1905-1 A A O
‘ ' "
106 May 108% July
1st consol., gold, 5 g ........1937 M Sc N
92% Aug.
85 Feb.
So. Paoiflo, N. M .- 6 g ....... 1911 J A J
102 Jan. 106%June
Southern—1st cons, g, 5 s .1994 J A J
87% Mar. 94% Aug.
E. Tenn.reorg. lien4-5s. 1938 M A S
91 % Aug.
86 May
E.T. Y. <&G.—1st,7 £ ....1 9 0 0 J A J
107% Jam 111 June
Con. 5 g.......................... 1956 M A N
107 Jan. 112 Aug.
Georgia Pao. Ist5-6s, g.,1922 J A J
107% Jam 119 June
Knoxv. Ohio Ist6 s,g ..l9 2 5 J A J
112 Jam 116% June
Rioh. ADanv. con. 6s,g..191 J A J
117% Jam 124 34June
West.No.Carlstoon.6s,g 1914 J A J
111% Jam 116%June
Standard RopeAT.,ist,6g.ly46 F Sc A
60 June 79% Jam
Tenn. 0 1. A Ry—Ten. D .lst, 6g A A O
79 June 88% Mar.
89 Mar.
Birmingham Dlv., 6 g..,1917|J A J
79 Apr.
Texas A Paoiflo—1st, 6g..2000uT A D
95% Aug.
85% Jan.
2d, income, 5 g ........ ....2 0 0 0 March
31% Aug.
18 Apr.
Toledo A Oblo Cent. 5 g ..l9 3 5 'J 6c J
102 Mar. 108 Feb.
Tol. St.L. AKan.O.—6 g ...l 9 1 6 J & D _ _ t 66% May t 80% Aug.
Union Paolflo—6 g.............. 1898 J &J| 101 b. 1U138 July 105 Feb.
Ext. sinking fund, 8........1899 M Sc Stl0 8%
85 Jam 1109% A ’g.
Collateral trust, 4%...... 19) 8 M Sc N t 53 a. 149% Jan. t5<i Aug.
Coliat. tr. 6s, g. notes... 1 9 0 -!F Sc A 'i 96%h. 9634 Aug. 103 July
Kan. Pao.-Den.Div.,0g. 1899 M Sc Nl 118%b. 113% Jam 119% Aug
IstoonsoL, 6 g............. 19l9|M «feNf 91
167 Jan. !192 Aug.
U.P.Den.AGull,cion.,5g.l93i>lJ A D| 44%
33 Apr. I 46% Aug.
U. S. Leather—S. F•
deo.6 g.ly 1 3 AI & N 114 b. 110 May 114 Feb.
|
VirginiaMid.-Gen.M., 5s. i93ii M Sc N *103 b. 100 Jam 103% Mar.
10138 June 107% Jam
Wabash—1st, 5 g ..... ..........1939 M & N 106%
2d mortgage, 5 g----------- 1939 F Sc A
76 Aug.
75 b. 63% Apr.
WestN. Y. A Pa.—1st, 5 g .iy 3 7 J & J 10638b. 104% Jam 109% June
Gen. 2-3-48, gold............ 1943 A & O
50 Feb.
48
43 May
West.Un.Tei.—Col.tr. 5 s.. 1938 J Sc J 108 b. 1061 Jan. 109 J une
*
Wise. Cent. Co. 1st 5s, u . ..1937 J & J t 37
128 May 140 Mar.
N ote .—“ b” Indicates price b i d ; “ a” prioe asked-, the range is made up from sales.
* Latest prioe this week,
t Trust reoeipts.
15% prin. pd.
N S W YO ftK STOCK EXC H AN G E P R IC E S -!C o n tin u e d ),^ -IN A C T IV E B 0 N D S -A U 3 . 2 0 .
SJKOUJfcUTlKb.
Bid
Ask.
Railroad Bonds.
(S to c k E x c h a n g e P r ic e s .)
Alabama Mid.—1st,g ., guar.. 1928
Atoll. Topeka & San Frau.—
Obloago A St. Lou.—l6t. 68.1915
Atlan. Danv.—1st, g , 5s. ..1950
Ati. <s Pan.—
Western Division lnooiue..l910
*94
96
1
SECURITIES.
B a it.* Ohio 1st, 6s, Park B .191P
5s, g o ld ..................................1925
Cous. mort., gold, 5s............1988
W Va. * P itts .-’ st, g., 5s.. 1990
B. & 0 .8 . W., 1st, g., Jigs... 1990
Monon. River, lst.g., g. 5 s ..1919
CentTObioReo
1 st,4^9.193
Ak.3fcCb.Juno.—lst.g,5s,gu. 19 i<
Brooklyn Eleva ed—2d, 5 s ...1 9 .5
Seaside < B.B.—lst.g.5s.gu .1*12
fc
Bid.
107
"80
90
"97ki
”43
Ask.
90
SECURITIES.
Brunswick Sc W ’n—1st, g., 4s. 1938
Butf.R.& Fitts.—R.& F. 1st,6s. 1921
Koch. & Pitts.—Cons. 1st,6s. 1922
Clear.<& Mah.—lst,gu.,g ,58.1943
Buff. & Snsqueh.—1st, 5s, g .1 9 1 3
Burl. Oed.Rap. & No.—1st, os, 1906
Consol. & coliat. trust, 5 s.. 1934
Minn. < St. L —1st, 7s, gu.. 1927
fe
Ced. Rap. I. F. & N„ 1st, 68.1920
1st, 5s................................... 1921
Bid.
122%
121
*107%
*106
104
*104
Ask.
THE CHRONICLE.
August SI, 1897,]
317
NEW ? O B K -STOCK, S iO t t A J W E f a t C K S . —/, V l C T / P f i ' BO.VD3 -fO oiU initid J -a .U 3 . *21).
SECURITIES.
Bid.
SECURITIES.
Bid.
Ask.
8RODKHTEB.
Bid
Ask,
N. Y. A hforthern—1st, g. 5 a ., 192 c
123%
0 as....,
91
S. Y. Snso. A West —2d, 4% e.193"
84
6 .....
Tarmlnal 1st, r. 5 s ........... 194? 107
.....
38
WHk-A East.—lst,gtd.,g.5a.l942
95
*107
14
..... Northern Paoifio—
*13
.....
Hr.Pant A N. P.—Gen., 6s..192." 126 128
Inal h 1 8 , - 0 8 ....................
Norfolk A South’ n—1st. 58.*.194
107
• .-e, ...... N orfolk* West.—General, 6s.1931 120
2 *70
114%
New River 1st Cs.................1932
*t. aren»ral, sr„ 5 s .............
Wt,Yernnn 1st 6s................
Imp. A Ext.. 6s.....................193'
3 ......
100%
y .....
laL Co. Br. 1st, ft., 5s........ .
Cnl.Coun.ATnr.,1 at.iru.fr Ss.1922
100%
6 ...-.a
A Indian.—1st, cons,
Scioto V. AS. E.—1st, gu.g.4s. 1989 *83% 84
3 114 n s ” Ohio A Miss.—C'onsol, 7e.......1898
103
'tint A P, Maro,—Wort., 6s,.
84%
2d oonaol. 7a.........................1911
1st, eon. eoid, 5s................
! 82
98
3 77
8pring,Div.—1st 7s...............1905 100*
...... . 1 ! . .
General 5s............................. 1932
D ........
io®% 1st, I. ft., ext. g., 5s....
Ohio River BR.—1st, 5s..........1936
3 . .....
1*1 ,«|1. g,, 5 s ........ .
Qeu. g .,5 s ............................ .1937
*105%
92*' Ft. St. Un. Dep.—Iet, g „
60
Omaha A 8t. Louis.—1st, 4 s ..1937 *57"
3 106
Hat. Bar. A San Am.—i
Orfuron A Cali for.—let, 5s, *.1927
...... 106 Orcfton Sliort Line—
2d mort., 7s................
, ......
104 Ga, A ala., 1st, pref., *
Otab A Norili.—la t,7 s ......l9 0 S 118
Gold, 5s.............................. 1926 100
3 .......
111%
7 .......
Penn-P.C.C.ASt.L.Cn.g.4%8A194r'
102 103
Do
do
Series B 1942
3 ........
111%
125
Do
do
Series 0 1942
Ckes O .A 8 0 .West.—1st08,8.1911
7 109% 110%
Do
do Series D, 4s, 1945
1st ft.,58 (int, frtd)........
102%
Sd, 6 * .......... ........... .......... 19H
106
Cons, «, 6* (int. Sftd)....
P.O.A8.L.-lat,o.,Is............... 1900
OS. V.-Gen.eoa. 1«t.go. g,5a. 1938
100
Pitta. Ft. W. A 0.—1st, 7s...1912
Debent. 6s, prin. A let. f
t Mongo A Alton—8 . F „ 6 s--- 1903 M12S
99
2d, 7 s .................................1912
Loaii, A Mo. BiTer—1st, 78.1900 *1065*
Debent. 4», prin, A int. (
3d, 7s.................................. 1912
DJinols Central
148
Sd, 7s..............................1 9 0 0 *H6%
ist.
4 s .......................
..— ........
Ch.8t.DAP.—1st,co!!.5k,k. . . 1932 115
81 XsJBOltf. *C h lc.-2 d , 73.1898
1st. *oM ,3% s................
......
Clev, A P.—Cons., 8. fit. 78.1906 111
Misa.R. Bridge—lftt,s,f..09.1912 *102*
Oea. *%g, g., -A ............ 1942
........
r hto Burl. * f o r .—1St. 5s---- 1926 106 *t
•
«
........
2-10 g., 4s,
Do
do
Series B 1942
Oslo. Burling. * Q . - 6 ft, s. t., 1901
___
io<*a Dlv.—Sink, fniul, 5ft.,1910
Bt, L.Y .A T. H.—1st,Os.,7s.1897
} 101%
2(1. guar., 7s.......... .
...1898
1919 100%
fiinll.. g fund,4s...........
92
Plain, 4s............................. ..1921
Od.&At.Ext.-lat,4% 8,G,g.l941
7 102%
Aiieg.Val.—Gen., gn„ 4s, g.1942
Chicago A Iowa D lr.-S *. ..I905j 105
• 102%
Cole, A Indiana C o a l-ltt 6 « . 1 9 3 6 < lo o 100%
1»t, consol., 7s..
N.AC 0.Bitg., gen,j(U.4 %s.*. 1946
122% 12 :1% Penn.RR.—1st real. Cit g. l-.lsf/S
Gold, 5s. oonpos
CM. MU. A Bt. P .-l« ,8 s > .D .1 9 9 « *I<;3%
24,73-1 Os, P .D ................. l&98;*13?%i
Metap, Dir., 1st
.......
Cle.A Mar'ta—lst.go.g.4%4.1!'35
J ....
1st. 7 s,*sr„ B .D .................1902 13b **:
D.Klv.RR.Aiidg—lst.*u.g.4s.'30
104 106
Peoria A Pek. Union—1st, Oe .1921 112
1st, 1. * D., 7«........... 1....... 1899 138%
*...... 89 . 2d tnortg., 4%a......................1921
1*1,0. A M .,? s .................... 1903- 138%
80
1st, e x t ..«, 5s.....................
.....
Dt. I. * D. Extension, 7 » ... 190S 13 8 %
Pitts. Were. A T o t.-ls t, 6 s ...1922
. ... 484 Pius. A L. Er.—2d g. 5 s ,'>
l i t , L * C , 4 D » f „ 5 i ........ 1919 U3
tot. A G. S'‘n .-lid, 4*. ft.......
A'M 928
40 Pit!*. Mo. K. A Y.—1st 6s...... 1932
39
1st, U Jk D ..7 S ................ .1910 127 130
90 toi
1st, Bt. * D..5S.................1 9 1 0 107% 109
Fitts. Painav. A F.—1st, 5S...1916
Oblfiaro A Pacific D ir,,6 ».. 1910 ........ 121
Pitts. Shen.AL.E.- lstoon.5s.1943
....... u n
t,
- ; - H ,i U
.
it* ..
101
..... Pitts. A West.—M. 5s, g.1891-1941
Mineral Point D ir,5s..........1910 »0i%
0. A L. Sap. Dir-, 8 S ........1 9 2 1 .....
Pitts.Y’ gst nAA.—1st. 5s,oou.1927
......
..... Rio Grande So.—1st, g., s-is.l'tdO
»»rgo A South,, 6s, Assn... 1924 107
*120
IBB, «nr». sink, fund, 5*___1916 1<‘S
fit. L. A. A T. H.—Term. 5s.. 1914 105
Mahon'* Coal S i t .- l e t ,5*. 1934. *120
-■
-F- Belli'v. A Car —1st, 6s.........1923
Dakota A Gt. 8oattu,5*___1910, 109 ----t ill,* f o r . main line—6 «... 1910 117%;........ L e h U h V .3 .Y .-l»t ftn.ft.4%*
too* 102
Chl.SLL. A Pad.—1st,gd.g.5s 1917 ib T
.....
O lic.AMoyw.—30-yr»r«iet>.5ft.l92l 111 118 J Lehisrh V'y Coal—l«t 5s.*u.ft
01, Istais 80.—1st, g>i. g. 4s. 1931
90
tftcanabs A L. 8. 1st, 6*....1901 '108%
do
2d income,58.1931
......
Car. AShawt.—1st g. 4s___1932
'tea M. A M la n .-lst, 7B....1907
.....
92
8
I iw « Midland—1st, s*........1900
Guar., it> i 5».
fit. L. A H F ,-2 d 6s,g., oi. A. 1906 115 116
.
Pie. A Milwaukee—le t ,7 * .l398
....... .HU. 24, 0», g., class C ................. 1906 115 115%
f in , A St, P.—2d, 7*...........1907
1st, trust, gold 5a............... 1987 90
....
Don* Island—
Ft. 8. A Y .B . Bg. -1st, 0 s...1910 10
Mil. A MAd.—
1st, 0 * ........ 1905
0
7tt. C. P .* 8 t . P .- l» t ,5 « . 1900 108%
Bt.L. Ka n.AS.W.—1st,g.,08.1910
H i, 7 * ........ ................ *104%
Northern IB.—1st, 5*.......... 1910 1 0 * *
Ferry, 1st, *-, 4%*.......
..... fit Paul City Ky, coil. 5s, g... 1937
*«5
M L. 8.AW,—Con.'Jeb..5».1907 .....
SI.
Gold
gu ar.................. ...1937
.......
Mich. DU?., 1st,
,1924! 130
Bt. Paul A Duluth—1st, 5s....1931
2d mort*., ins..
Ashland DtvMloE—l*t, <» 1325 13*
’
*4*2% 2d mortgage 5s..................... 1917 101% 104%
*35
Oh-K.I.AP—D.M.AF.Ii.lftt 4*. 1005 *5% 86% S. Y.B.A.W.B.—1st
Bt. Paul Mion A M.—2dM ,08,1909
106% 108
Brookl’nAMontau
1st, 2%e...................,,.,..1 9 0 5 70
i MUineap. Union—1st 6 «... 1922 *123 LO
txtensioa, 4s....................1905 ......
Mom. cea.—1st, guar., 0s..1937 *119%
1st, B e .............
......
K'Okrtk * De*
Iet,5s..l933 105 106 i
106
let guar. g. 5s....................1937
0Me.8t. P.AM toa,—1st,6*.. 1918 131 131%
East. Minn., Iftt. dlv. 1st 58.1908 *107
32
St, Paul AS, C.—1st, 0*....... 1910 130%
105
1 W"n «rABIouxF.—1st, g,5s,1931 ..... 107%
Okie, % W 'm l.—1st, ». f„ 6s. 1919 .......
E. If. A ffash.Ban Fran. A N. P.—1st, g „ 5s. 191® *102
U*
Gen. g,, 6s..................
1932 119
,-vtv.Fi A West, 1st, con. g.08.1934 ..... ..... 105
Clio. A West. Mich.—6 s ...... 1321 . . . . .
8 aboard a H oanoke-lst, 5». 1920
O -t SMB. * D.—Con.». t , 7ft. 1905 .......
tB
fi»at.l_.%.&Easfc.lsi0»,aafti.iHaU3t 35
2d, 3#
42%
........ Southern—Ala. Cent,, 1st 0a. 1918
14, gold. 4%e.........................1337 ...........
107
*uo%
Oto. O.A D5n -lst.fn i.5»,g.l9 4 1 10ft ...
*tl A Char,—Income, 6s...1900
City A 8nt>, (Balt.)-1 s t, g „ .5* 1922 .......
.fu-yearo*. * .............. ..........
Colnm. A Green.—1st, 5-6« 1916
......
100 lot*
Cler.A*. A Con—Kq, A id 8s. 1830 .......
K. fenn.V. A Ua.-DiTia.5e 1930 115
Pens, A A h - 1st, 6s, gold. ..1921 ... . .. 4 0 0
Otek.ACan.—Tr.etf*,forl«Ss.l»17 ’ 67
Hirfl.A Dan.—Eq. 8. f. g. 58.1309
......
102%
0 .0 . C. A M L,~Uen., g. 4s.. 1983 *
rDclien. 5s, stamped....... 1927
86
U*5%
95 ......
Cairo division. 4 s .................1939 '
90
Vlr'i* Mid,—aerial ser.A, 08.1906 ......
8t
36
Soring. ACoLMv.—lst,s. 4ft. 1340
Series B ,6s......................... u n i
91% IO j
.......
WhlteW.Val.Dir.—1st,*, 4*. 1940
Serins C, 8s......................... 1916
Oto.Wah.AM.DiT.—1st,*r.4,t.1991 88
L I S. - to il.0.A 1..—ft. 4 %c 1931 *105 ....... j
Hones I>. 4-5s---------1921
-im
Otn. !. Hi. t . & t\~ S«;,»-..4*.tm W o
Bettes E, 5 s ....................... 1926
....1 9 2 0 ......
Odnsol ,8 s .........
Bettes F, 5*.........................1931
....... WB.Bats.ACi.—
Con. 1st,*.;.*, 1928
1X3
Gen., 5», guar., stamped .1936 ‘i* * *
o 2 ’ -—-*
Indiana £ . A W,™1*S. ft.7s.1960 105
;M«x)e»n Cent. Consol,—4*, g.1911 *
......
6B*’ -iWesh.O.AW'.—1st BQr.gu.4s. 1924
Ohio (.mi, AW,—1st pref.5s, .1933
1st, ootis. iaeotne 3s, g.......
Banbury A Lewis, -1st, g., 48.1930
Peer. A East.—Income 4s ., iftso 19
20 (Mexican national—1st, g., 6s
i>r. A s'ii of Bt. U —1st, 4 %a, 193ft 110^ m%
4
a Ool CIO. * Ind.—1st, 7»,-./.189ft
1st, eon. g. 5s..............1894-1944 105*. ......
ad.inoonoe, «s, " A " ............
Oonso) slnk,fnn(i,7*.........t# i4
2d, income. 6*. “ B " -------13 ! St,L.Mer.Br. rerui„g.5s,gu..l93v ...... .....
Texas AN bw Orleans—lst.7s.1905
«*U4H»pr.-lst.O.aa*E7».1901
Miehigan CentralWere. Lorain A W h —1st, 5s, 1933
Banins Division, 1st, 0s.......1917 ..... .....
105
« * . . . .......................................
Were A MaS. 7 ,-0 0 1 3 ,5 * ...iftsa
Consol. 5s, g..............
1942
O M von.Se...........................1931 122** .......
...
Col. Mid. 1st, g., 6a, asstd....l'936 *04
. __
. ex. A Pao., R. D .-le t, g. 6s. 190- 107
07%
107
I t. ctfs.. oou.. -t*___ _. . . . . .
Bat.I -ABirgis.*5%
Tliird Avenue (N.Y).—1st 5s, 1937 122% 123
Del. fan*. A
74
141** 146% T.AO.C.—Kan.A M-, Mort, 4s.l99«
Mort. 7 *..............................1967 ..
Tol. Pao. A West.—1st, g., -1ft. 1917 67% 68%
0jrr». Bi'ift. A N. y.—1st, 7».1906t*.
Ulster A Del.—let,eon.,6.,5 b. 192 100 102
Soathweat Ext.—1st, 7s...,
130
%
Morris A * sm —I s t ,7 a ....l9 l4 ;
' -:!->
sx
Pact60 Ext.—1st, 6 * ............ 1921
...... Union Pacilio—1st, 6 g............ 189< 101 108%
Send*. 7 s ....,,
. . . . ...1900 no®
.
Mo.K.A Tex.—let, «x t„ 5s, *.1944
U 102
1st, Os.....................................189' H
' . o f 1871......................... 1901 -113
Mo.K.AT.of Tex, 1st, jm.5«.g, 1942
1st, 6s....................................189ft 101% .....
84
l« t.o o n .,«o a r., 7s,...........19X8.
..
.....
Collateral Trust, 6b..............190/ 101
Kansas City A P.,l<tt,4s,«..1990 6d
Aarten -2d, 7 * ......... .
1900 i o » ”
Colls'era! Trust. 5s.............190'
Dal. A W *<jo-lst,5s,f?a,...l940 81
83% .....
85
......
0.AU ,C*n.—PfcDiv, .con p.7s,1917
Miaieuri Pacific—Trast 5a...1917
Kansas Paoifio—1st 6«, g ... 1891 m i
143
68
Albany * 8 m q —let,6o.,7s,1906 "125
1st o«ll„5 s, g . ..................... 1920 *t«% 69
let, 6 ii,g ........................... 189* 115
1 st, con*,, gaar., 6*_____ .196*}
Mobile A Ohio—1st ext., 6*...192" 112
O. Br. U P .— 0 .,7 s......... 189
fit
50 ____
Bees. A 9*r. 1st. joiip,,7».i82i
8t. h. A Cairo—4s, guar.......1931 *83
__rr Atoll. Col. A Pao.—1st, 6s...190? 30 .....
Den*. Tramway—< .)n». 6e, 4.1910
U. P. Lin. A Col.—1st,g., 5s. 191.- 30 ......
Morgan's La. A T .—1st,6 s....1920 ■Ul
Metropol. Hy. - l»t,«sa. «.6*.19i I
1 st, 7s..................................... 1018 129
Cabaiib—Debenture, Bor. A .. 193Don*. * &
t o p . , 5*...1928
f i s h . Chat. A 8t. L,—2d, 6a.. 1901
Dtdxinture, ijeriei B ........... 1939
26% 27%
Det.M, A M. -I.. *. S%.ysrr.A,1911
S. 0 . A. SO. fe.-Pr. 1.,«.»6s..1915
99
0«t. A Ohio. Ext. 1st, fts, g .194Det. A Mack,—1st lien,
S . t . Central.—Deb. it. 4a....1905 io4% ........
ft-...
fit L.K.0.AN.—SC.O.Bdge6s.l90 *111
4a,(told........ ......... ............... 1A95{ .........
S. J. Jnno—Goar, 1st, 4s. ..198b *103
15
Test N.Y.A Pa,—Income 6s.,184S
E rie- 1st, ext. g. 4* ...............10471 111
Beech Creek—1st,gold,4s.,193ft •to; 108%
112%
2ft, extended, 5s
............ 1 2 0 %
Osw. A Kotne—2d, 5s, g.,fra. 1915
* 82' 88~
***
3d, extended, 4%s...........,.19237114%
m ica A Bt. Riv.—4s,
*n,1922 105** 108%
75
Wheeling Dir., let, 5a, g ..,1 9 2 s
4th. extended, Be.................l»20i*120
S, Y. * Put.—1st,
4«. frn.1993
Extension A Imp, g., 5».......19.il
5th. •rter.de.i. 4*........ ...... moal >«;%
W. Y. S. B , * H .—i«t. *««■ is looft
T
To”
..1937
it™ Wta, Cent,inooms5s.
Erie—n&wy—
'*t, oon., *.. Pli, 7 s ______
B. N. Y. A E.—1st, 7a____
Bid. AH. W. -Wort*. Us...
>»rt»r»on—1st, (to. * 5 s . ..
C Ohio-Coi. *Cln.M.let,4%s.l93I
O a t RR. A Bank.-CoL g.SeJWS*
Gent. Ey. of Qa—
1st, jm i ineatne, g .,5 a -----1915
2d, pref. ineerae, a., 5a.......1945
3d, pref. income.K-, 5=.........1945
Mae. A .for. Dir.. lst.g ,,S t.l»4 6
Mobile Dir., lit , g „ 5 3 ---- 1946
O m t of f . J.-O on v.deb.,68.iaoe
Pacific—
Ext. r. 5a, series A B C D -.1898
Gold 5a, series E ........... . 1898
San Joaquin B r„ 8s..............1900
Wort. gold 5 s .....................1 9 3 9
Land grant, 5s, g .................. 1900
OAL A O. D iv,,ext,, g. 5 s ..,1918
West. Pacific—Eoads, 6ft— .1899
So Railway (CV.l—1st,6 s.1907
SO-rsar 5s .........................193«
O u t Washington—1st. ft.. 8*,193*
Chan. A Sav.—1st, ff.,7a........ 1936
Coes, A O —Pur. M. fond, 8S.1898
8
* * 0 price FridayJthese axe thejatest quotations m Ih w
ade is eek. Nor lieeelUMeoae Monde— 3d page prooedtug.
firo
I’HE CHRONICLE.
313
U lS T tttC T IfHOU KEI*I»«TS Of' TH E
V .v r i O ' U
H I S K S M .V P K T O T H E C O flP f R O L L E R 3 I T Y 1 4 , 1 8 9 7 .
D cpos is.
iBy".
0*5 !
㨤 i
tJ a p u ttt.
| S u r p lu s .
In d iv id u a l. !
O th er,
G old
G o ld a n d
L o a n a & d is c o im ls , (In cV u g o ld 0 . 1 1 . T r e a s u r y
o v e r d r a f t s . ) c e r t ific a t e s c e r tific a te s .
$
$
184,521
14,999,787
183,543
6,735,376
13.492
8,278.857
191,321
115,854.063
97,728
78,627,010
97,767
19,510,996
229.350
34,937.61 6
281,043,764 1,02 . ,726
78.3 40
49 "iKeOibOOO T37042.CK3o I 310,009,250
f New York City
194,227
5
1,352.000] 2.600,0001 17,21->,98S
1 Brooklyn.. . . . .
50.00"
9,259.134
1,3983»00
1,550,000
6
- Albany. ...
475,901
88,019.067
K. York, other £65 31,829,040 XO,936,535
276,118
52,875.9 '3
103 14.445.000
8.162.700'
Z New' Jersey...
k
202,46 1
41 21.915.000 14,663,000 101,40 7,561
g Philadelphia..
204,137
3 7.144,0"6
9,053,26S?
30 12.300.000
* Fittebtivg . . . . .
302,385
352 40.916.390 20,810.7781 1 i l ,380.743
m Peoim*, other.
{ Total DIv .No.'j ...i"; 1 173,807.1 3 0 :iU ,260,281 "733.471.652 2,887,57 s
4,406,016 ~ 5 0 j !d ( )
987,911
1 D elaw are....
16
2,133,985
210,435
24,949,149
4.923.000
* Baltimore . . .
22 13,243,260
50,000
9,070,839
4o
1,017.2 o;
5 Marrived, Oth.
3,811,700
5 5,5 it14,112,86'
13
1,422,500
3.075.000
2 Washington .
831.' 61
100,000
1
2 Diet. Cot, oth.
252,000
591,246
13,519,918
2,835 975
4,696,300
|5 Virginia........
93,030
7,393,625
807,868
33
3.451.000
7 West Virginia.
74,895,005 1,050*200
Total Dir No.S 169 HO,(>03,245 12,6" 4*474
2o7,2o7
5.310,182
28
‘ 801 000
2
153,05*
3.809,548
10
761,330
1 673,000
90,208
2
750,0" 0
225,000
42,166
6,633.649
1,016.221
28
3,266,060
72,505
3,965.88 i
15
1,150,0" 0
458,050
93,465
6,334.354
26
615,396
3.355,000
2,424,112
10
855,000
81,100
14.374,273
7
2,300,000
2,007,747
12
f
3t2, 00
Sf 0,000
50,000
2.278,369
5
546.800
1,150’000
298.198
195 18^635^000
28,6*7,6 0
3,289
2,053,595
9
1.220,000
251,110
Arkansas . . . . .
4,147,281
499,891
6
651.500
3.356,000
714,7 31
69
10,008,896
9,232.900
2,587,340
290,20
16,850,630
49
1,910,212
Tennessee.. . .
8,7«O,0('0
Total Div.No.4 477 59,557,900 1 ,482. Le6 110,01 4, 421 2,514.0' 2
■ 1 ,(J O,o6 a 1,100,767
2
0
Cincinnati. . . .
13
2,080,000
8,000,000
19,719,823
12
2,0.* 5,000
, Cleveland . . . .
9,550,000
olssk
222 27,430,100
57,798,684
488, \65
£ Ohio, other ...
32,550,633
Indiana...........
113 14,112.000
4,697,903
250,615
66,658,102
543,275
8,4 19,102
20 20,400,000
« Chicago..........
43,027,337
910,322
E Illinois. other. 199 17,421,000
6.532.8*9
10,/45,407
304,063
D e tr o it........
6
a.300, ooo
805,000
25,443,034
a Miehig’n. other
80
99,697
2,747,06
8.945,000
16,592.641
5
• Milwaukee___
531,000
390,613
3,250,000
13 8,969
75
1,820," 82
19,742 089
jjg Wisconsin, oth.
;
7,110,000
t TotalDiv.No.S 745 1)9,518,100 38,078,7 / 2 316,874*108 4,375.403
*
f Maine.......... . ■ S3 11.171.000
« N. Hampshire, i 50| 5,830,0001
49] 6,985,000
m Vermont ,*.....
55| 50.750.000
Jf Boston**.. **«
5 Mas#*,, other , f 212 43,927,5o0|
* Rhode Island ; .57 19,337,050
B2 22,391,070;
■?Connecticut..,!
g
{ Total IHv.No, 1 ” 58B' 160 39131201
Dea Moines...
Iowa, other...
St. Paul& Minn
Mianeaota.oth
5 St. Louis.........
S St.Jo.&Kan.C.
2 Missouri, oth’r
9 Kansas...........
* Omaha & Lino.
Nebraska, oth.
North Dakota.
South Dakota.
Total Dir.No.6
’ Nevada..........
* San Francisco.
CaUXorjija,otu.
g Oregon............
J Washington...
^ Total Div.No.7
f Aru.ona. . . . . . .
* Colorado.. . . .
• Idaho. . . . . . . . .
* Montana........
is New M exico..
* Okiaii’acc 1 . 1 .
3 U tah...............
© Wyoming.......
1 Total D iv .no . o
$
2.682.4901
1,370.218
1,554,863 S
14,946.579
DM50,172
5,082,566
7,S9i 3 96
48,635,813 “
221,000
2,825,123
1,331,000
1,029,500
1,780,008
628,434
731,262
1.374,748
360.500
1,125,61*5
334,1 0
,<
305,400
11,066,802
82,000
2,500,000
2
5,025,000
29
3,070,000
31
4,438,000
35
15,115,000
88
5
42
5,587,000
1(
600,000
22
2,705,000
6
60 o,ooo
760.00C
1^
11
1,750,000
11
860,000
121 13,262,000
8,000
1,475,000
1,002,450
562,325
735,570
3,843,345
208,133
5,065,058
11,076,631
7,404,165
7,935,120
32,*89,707
1,277,989
245,876
480,82C
98,100
180,05C
394,868
120,475
2,771,011
1,147,107
25,521,301
1,784,653
8,654,72c
2,344,262
1,-287,824
2',801',394
2,052,712
45,594,036
S
$
949,877
22,533.012
t <7,336
10,791*487
489,829
12.100,668
155,013,489 7,156,271
107,444,067 3,236,005
632,850
35,1 i 5*473
45,099,61 0 2,006,255
388.097.086 14,949,023
S ilv er.
S ilv e r . L ei/ .ien d ’ r s
T r e a s u r y < if. S c fl s .
&
e e r t i fi c ’ tes d e p o s its .
$
313,836
102,124 117,157
25,660
23 i,408
86,90) 127,057
2,670
259,626
64,989
80,9(15
23,070
232.773 2.371,449 7,045,503
1*255,750
513,249 829,045 2,495,237
187,260
681,424
102,454 167,279
95,520
885.212
210,649 525*265
376,660
4,‘?ol,v# ..-tj 11,915,246
1,966*5 90; 1,320,4
542,182 5,837,b 11 74,794,723
9,170, tbO
70,191 631,8 05 1,181,717
185,000
301,077
51, ,00
56.2 L9
304,250
628,929 592,760 2.837,309
533,460
*332,194 911,490 2,124,661
253,890
162,190
437,047 3,670,507 11.323,444
375,452 775,755 2.018,914
390,690
865/711 1,238,200 3,592,165
433,220
11,432.260 3,3 u7 .« yo 1370 ()3d 98,174,310
355,24 ,6 In
11,804,052
7,520,47 6
91,U 1,663
5 0,8 18,767
93,606,1 13
43,"88.289
110,846.746
7e4,-i?«,78l
621004,000
786,350
487,711
3,872,549
1,816,014
7,355,945
8,262,758
5,699,158
85.885.4*
5,265.319
31,201,402
10,009,649
8 ," 5 3.052
619,016
15,188,423
8,501,937
78,918-798
150,U73
1,046,94?
363,505
88 ),092
135.5^9
717*389
430,786
4,H33,'*21
15,600
847,140
24.350
690,050
52,000
26,690
39.780
1,1 95.3 L
O
372,937
6,854 01.3
145,852
5,782,735
l ,268,040
32*500
3tW,2 >6
7,83>.e92
78,633
3,317,053
428.223
6,326,303
73.712
2,315,533
782,5 79
10,620,690
77,384
2.10 ,668
290,934
l,82-\497
36,887,46* 2,043,103
s t ;i -6
2,209,0*3
7L3,355
7,237,295
679,390
17,794,403
19,315, 11 1,240.773
i 3 1,98 8 9-4 7,412,827
1.2oo
50
2,00*i
3,680
__ __ _
_
38,240
50
126,600
100
129,450
65,550
5,080
5,000
29/-?3<i
107,310
514,750
32.8o3.oia
27,099,798
64,828.018
31,689, LI o
81,474,870
43,827,537
14,019,794
26,468.121
14,414,579
) 0,163,396
315,838 257
293,390
980,043
1,471,705
239,780
3,811,6-10
123.570
146,580
3,569,620
13,450,030 2,535,300
276,730
2,793,425
3,244,172
13,230
1,508,008
32,200
1,691,727
30,000
24,760
1,45 1,975
31,975,005 3,721,540
2,374,8 >6
28,259,634
17,908,794
13*323,314
28,118,05.
15,831,894
7,409,5:7
17,900,711
9,461.433
11,136,546
4,257,063
2,986,59»
150,-0*, 105
1,500,977
2,987,512
991,174
2,127,420
1,022,777
347,249
1,021,538
1,719,253
485,236
196,96.
.326,046
12,831.996
106,828
147,350
892,862
48,821
695,061
147,05o
7,542*626
10,204,435
6,153,189
6,684,990
30,8*2, "8
19,750
1,559U57
1,921,700
1,788,918
1,550,110
6,339,640
422,543
53,171
85,642
183,305
18,469,709
l,128,22o
7,532,601
1,510,395
119,040
............
863,701
2;409*531
1,817^204
34.962,467
1,501,0»4
23,203,654
114,955
15,454,837
488,181
14,324,311
50,000
19,853,904
519,9 5J
11,613,153
149,293
6,985,254
16, 61,92*
333,712
8,355,217
408,172
8,777,795
3,717,150
3,692,830
149,088
133,yol,218 2,213, <65
4
800,000
159 12,185,000
11
8,300,000
60
4,700,000
6
8,400.000
9
3,650,000
49
3,665,000
8,867,100
10t
11
4,600,000
95
6,025,000
1,6 tO,000
26
27
1,6 »5,000
565 6-1,587,100
[V ol . LXV
100,822
210,2-0
4,0807298
250,247
888,300
127,358
54,180
653,131
175,322
6,439,05b
2,0oo
136,7)0
14,320
8,540
184,800
39,840
7,270
28,230
30,270
1,820
1,260
2,460
458,120
114,016
95,909
4 ),70!<
138,016 1.626,527 2,222.135
369.402
87,554 182,869
727,583
39,919 1,220,2 i0
23,736
47,253
7,918
785,250
172,235 194.926
437,7 a2
83.392 106,<»• 6
574,* ? <3,479,721 4.679,844
53, L
0t>
13 1,496
114,247
4 ^,815
16,000
39,322
200,98* 145,68 *
112,447 * 42,484
187.160
59,5 Ll
12,291
77.039
143,206 466,">‘i4
107,006
98,3o L
88,7*9 116,140
703,723 436,884
43,150
4,1,56 ;
53.480
97,165
130,33 :
>
279.731
472,950
2 ,38 8 ,?- 2,129, l
262.S03
208,915
50,000
493,885
308,589
292,828
187,819
1,682,142
8 1,082
688,980
2,078,818
103,710
635,901
412,356
1,536,619
9,079,507
1UU,84* 617,3oW 3,263,521
9 3 ,/72 123,305 1,161,475
587,864 384,312 3.438,526
388,705 377,769 L.657,366
3 5 8 ,L76 4,366,27u 21,978,766
453,174 3 50,01/ 1,922,403
68,373 161*440
650,503
800,525
193,240 161,1*4 7
45,750
114,731 1,115,761
596,822
193,382 148**77
2,48.>., *«= 6**04, i i .5 36,586,671
3 8 ,0 /<
5
18* >t>2
290,843 264,474
230,119 138,705
9 5 ,547
131,818
61,558 1,086,409
134,739 482,727
48,199
91,052
192,609
12-5*847
186.244 119,33
93,391
5 6,81/
4,496
3 3 ,4 il
3^,148
12,7 <2
1,523.0
2,438 .7 *
312*L»9
1,007,229
650.238
315,054
5,236,683
1,171,135
280,980
586,430
38 ',469
302,681
114,194
185,657
10,551.299
'Z,082
18,880
18,440
37,320
91,260
16C
1.00C
1,50C
6,240
100,160
55,915
132,623
91,505
85,83
418,015
6,25b
33,804
10.78s;
67.290
l l £ ( *4i
2,000
50,813
21,488
134,233
210.569
196,118
16,576
114,899
38,IO
C
34,918
35,79*
25,398
479.251
108,708
16,495
110,727
3,50i
18,396
23,376,832
2 <3,03b
1,990,099
94,221
609,043
77,101
74,714
32,297
52,076
2,947,546
Total
Otlier
Cities ,
Total tor D. 8 . ... 3,614 637,002,395 246,736,684 1,728,083,971 15.628,848 1,934,151 877 1709-0202 19,426,000! 12.504,9o6i3317517i 174144992
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Loans ....... 1S5 353 1. 1*8 7'5 9 3 0 44'0 31'2 8-0 1*3 10*7 1*8 7*2 22'9 27-1 81-8 140 14'4 2*4 17*9 28*1 15-8 9*5 To 9 0 S
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‘8
115
303
88
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7
6'0 20*1 0*5 5*8 4*2 *1 3'6 IT 2*3 7*8 5*8 3 0 0 4*6 7*5 • *8 7*9 7-5 6 ‘7 3-1
Duefr,bauds 4 3
36* m
439
316
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4*9 3-9 ‘2*3 l*x *1
3* 15
15
Beal estate .
*7 *2
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• *4 •? 1*3 1*7 10-0 1*3 1*7 *1 3*0 2*3 1 1
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Stl.coin&etfs
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33
86
131
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i
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Nat.bk notes
1
•
2
1*
*2
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1 1
1-9 . *2
‘2
'4
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•
1
T *1
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12
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ClT’gH.exch 11 47
3*8
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Oth, res’ees.
-1 ' A
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T
22
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33
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17*5 177-8 7 ‘ *9 53-8 ‘ 04 • *0 22*7 4*9 1 45 49-8 3 9 8 1 6 6 8 23-a 27*7 4*0 31-4 5 TO 29 2 1 9 4 1 1‘5 1 ,79 0 1 ,6 9 6 3 ,4 9 3
i
2
2
Totals..... 2*51 ‘ 077
Liabilities.
• 1 50
5
13*2 3*1 ■s 2*3 1*2 3*4 s-o 9*6 3 0 4 3*3 3-3 *8
japliah.....
1*5 t‘8 •21-9
imrpias fund 15* *13 2 0 1*4 14 7 On 4*9 14 *2 2*3 ■
5
*6
5 ‘2
• 3-7 2-1
7
8-4
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Z-i) 1*7 l-i
Ondi. proliti
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3 J
5
IN*
*4
*0
• T
3
*2 TO
T9
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•
«
'k
7'l 4'? 2-7
Cironlatton..
8 ‘ 15'
*7 1 - '8 •1 1*1 4-3 T2
" *7
‘ fi •2
*9
Daetodeo’rs 116 3 1 8 1 7 " 9 ’S l o r « 37*3 *25*1 14-3 *« 14*4 2'3 4-0 22*3 IDS 0 9 2 1 0 6 19-0 1-5
& 4*0 Z 9 '6 7'0 0 0
Due to oauks 54 *433
• '2 2*5 *0 4 -a 1 0 » 5*1 05*9 ■7*8 3-8 1-7
5
Other hue e
'3
*3
2*
*1
*1
*3
•2
-2 *1
*6 1*5
j r , i •077' * Total**..
2 2'0 1 *5 177-8 7*2*9 3*2-9 •20*4 ‘2*0 22*7 79 l t '5 19*8 39*8 16 0S •23'6 27*7 4 6
8-3
1*3
S-i 3 -; 4-8 2*5
*6
17
*4 TS
*8
*
7
-1
2
■
4 1*4
-4
*7
*1
15-9 20 4 ITS 8-8 5 8
6*8 19*4 1L*9 4-7 1 1
‘5
*5
‘1
1 '2
335
116
37
53
860
489
■7
402
6 37
131
247
51
88
146
198
SS4 1 ,7 4 4
69
538
13
30
3 I t 5 2 0 29*2 1 9'4 t 1-5 1 .?9 6 1.696 3 ,4 9 2
L'HE OHKONKJLE,
A ugust 21, 1897,j
319
L a te s t G ross E a r n in g s .
R oads.
| im e s t r a e u t
W e ek o r M o
AKD
$
R a i l r o a d lix te ttig e tix je .
RAILROAD EARNINGS.
The following table shows the gross earnings of every
steam railroad from which regular weekly or monthly returns
can be obtained. The first two columns of figures give the
gross earnings for the latest week or month, and the last two
columns the earnings for the period from January 1 to and
Including such latest week or month.
The returna o f the street railways are brought together separtitc.p on a subsequent page.
L a te s t O ro s s E a r n i n g s .
R oads.
1897.
s
13,2321
30,793
55,568
1897.
J a n . 1 to L a te s t D a te .
1896.
1897.
s
15,050
27,351
45,665
s
10 ',331
938,544
285,483
1896.
$
90.029
Adirondack....... June...........
857,929
Ala. Gt. South.. 2dwk Aug.
254,460
Ala. M idland... May...........
Ala. N. O.Tex. A Pao. June
38,000
716,117
40.000
725,057
S Orl. A N. E. 4thwkJuly
315,380
287,696
17,000
18,000
Ala. A VieSati. ithwhjuly
19,000
20,< 06
290.304
292.883
Vicks. Sh. A P IthwkJuiv
Allegheny V al.. June......... 219,886 197,353 1,151.734 1,151,055
772 877
23,622
21,757
713,035
Ann Arbor.........!2dwk Ang,
36.1H5
35.790
6,1 7
7,511
Ark. Midland... May..........
Ateh.T. A 8. Fe. June......... 2,442,052' 2,148.774 14,434,0**0 13J*90,232
682,954
591,271
121,424 104,784
Atlanta A Char May..........
204,033
37,759
34 745
2*1,017
Atlanta A W. P June..........
320,622
11,149
324,783
8,418
Allan. ADanv.. 2dwk Aug.
347,640 329,663 1,025,380 1,562,080
Atlantic APae May..........
9-,434
1-9.013
75,211
10 014
Austin A i t' treat May..........
32.700!
35.553
108,50*
112.777
Bait-Cbes.A Atl. April.........
11,248.977 13,610,919
Bait. & O hio.... July.......... 2,180,207 2.18.9,298
Bal.AO.Sou'w Jdwk Aug,: 123.979 118,008 3.748.601 3,695,875
1,433
10,391
10.181
1.586
Bath A Hain’ nd* June.........,
11,839
1.594
12,013
1,432
Bir. A Attantle. July..........
47.192
239,775
5-2,748
224,910
Brnnsw’kAWee* May.........
*0
71,297
07,056 2,017,‘■ 4 1,900,190
Bufl.Kocb.APtti -VIwk Aug.
270,009
230,507
48,967
3 9 ,'3 3
Buffalo A Su*<i. Jaw .........
70,400 2,236,!* 1» 2,490,270
73.916
Bar.U. Rap. A S' Istwk Aug
O
CanadianPacllli 2d » k Aug. 499,O t* 447,(K>- 12,004,69* 11.825,228
20/)37
29,853
5,418
7,493
Car. Midland.. July..........
87,494
87,691 2,897,445 2.961,152
Cent, of Georgia Jdwk Aug.
1,026,083 1,041*238 5^26,508 5,742,595
Central of N. J Ju n e...
Central Purl H M ay....... . 1,044,817 929.145 4.7'J-,357 1,569.197
e
293.497
273,914
53,350
CTiarleet'cASav Mav..........
' 9,504
241,188
734,317
73,421
Char. A W. Car March___
2dwk ABg 230,217 108,290 6,774,042 6/253,296
Che*. A Ohio...
3,022.133 2,724.578 16,94 1,h48 15,592.118
Chic. Bur. A t t . . i \ nne. . .
.1
71,762
67,174 2,J23,7**8 2.328,405
Chic. A East. Ill 'Jilwk Aug
97.791
83.114 2,^02,9*15 2,797,208
Ohio. Gt. West'll Jdwk Aug.
68.74 i
51,736
Chic. Ind. A I. 2 dwk Ang.
534,231 17,649,540 18,2*4,*i>9
Otalo.Mll.AScP -lawk Aug
Cilo-AN'thw'n June........ 2,914.527 23>32,2«2 U ^36.801* 15^493,107
OT.fJOl
400,171
409,405
69,451
Calc. A No, Pae June, . ___
519,015
*51,i 07
53,719
69,241
Chlo-Peo. AScL. July..........
O h lc.K gI.A P - July.......... 1,409,351 1,28* ,557 8,294,089 8.439, *9
635,588 830,405 3,446.806 3,486.933
Cbie.ScP.M.AO June........
903,015
30.824
900,312
33,344
Chic. A W. Mich. 1*twk Aug
493,742
60,846
481,041
Choc. Ok. A Gull June........
62,439
13.500
12,04'J
4,156
4 ,72 1
0!*.<>*■ A Port* March.___
233.300
239,468
12.084
Cln.Jack.AMao IstwkMny
11,278
312,602 278,744 2,031*938 1,920,127
*0 ,631
8,783
11,939
363.119
Clev.Can. A Ho.. 1st wk Aug
Ca.Cln.Ch. A St.1 . stwfc Aug 264.404 258,6^3 7,770,3*5 7,64-0,878
870.107
120.384 151,190
797.725
Peo. A Kiwt’n June
836.6*9
732.946
22.138
Cl.Lor. A Wheel •-■d Aug.
ark
23,578
939.649 1,0* 1,538
Ool. Midland___J uly............ 143,507
OoL H. V, A T 01 J u ly ......... 155.986 206.270 1,271,1**6 1,425,S40
0 . ,995
Ccl.AKedMourn June........
8,989
46,1164
49.826
3*2.909
348Ji74
Ool. Sand’y A a J »k » June
7,601
Colusa A Lake.. J u ly ...___
2.155
1,791
0,2*1
5.658
Crystal............ June.........
1,215
1,054
390.598
82.796
360.225
OnmbT’d Valle* J u n e ......
70,431
JDenv. A Rio Or 2 4 * k Aug. 148,300 135.100 4,141,854 1,350,116
84,0*3
64,e? 1
Dee M. A Kan.i 1UbwkJufy
3,477
2,835
250,073
227,003
34,635
36, *70
Dea.M. N.A W. July.........
669,730
716,752
DeCU.Kap.A W l.tw k A.ig
2o,06 2
0,509
Bet. A Lliua {to. 2dwk Aug.
259,402
50.449
P s t n M e kina, June_____
264,280
30,607
900,403 1,259,732
38,401
Duluth8.9.AAtl Istwk Aug
43.953
753.320
KIgtnJol.de hast. July_____
90,037
95,355
651.667
Erie....................June.......... 2,900,790 2,663,491 1 *,806.100 14.731,0! >8
24,493
EnrekaSprtng* -M ay... . . . .
4,089
2 4,13.
5,007
100,520
B»*na.Alnd'pl> juwk Aug.
6.823
7.077
165,729
71,»00
50,31
Beans. A Kioll..2dwk Aug.
2.401
2,520
667,264
630,590
l T u i s T .A I .i l Jdwk Aug.
25, .340
22,185
Fitchburg........ June......... 560.003 02«,<X)1 3*336.960 3.521,807
Flint. A P.Manj utwk Aug
40.13*
1,501,1*3 1.507,338
45,190
Fla.Cent. A Pen. l* t« k Aug
38.771
33,525 1,401.441 1,346,002
518,085
601,204
22,934
FtW tbADen.U. istwk Aug
19,860
164,558
9,007
Ft. W. a Bio ur. Ithwkjuly
150.991
6,603
6.362
5,103
723
930
Gad*. * A tt U July..........
789,346
37.086
833,068
Georgia RK.....:4tbwkJuly
32,198
10,083
Georgia ,* A la.. Jdwk Aug.
17,049
369,804
436.521
57,5*3
Ga-CarTa A Bo ;June.........
49,369
5U5.804
486.922
79,995
Geo. 80 , A F la.. Ju ly._____
80,103
40,403
39.13 L 1,109,019 1.181,675
Gr. Rap. A Ind., Istwk Aug
218,486
8.029
229,752
CSn.K. A FEW -Stwk Aug
7.87*
20,744
Traverse City Istwk Aug
1,0 "5
22.578
868
75,601
64,390
2.69H
2,574
Mas, G. R. A i. Istwk Ang
Tot. all line*; Istwk Aug
51,84*
51.119 1,427,829 1.535.586
11,073.210 10.801,973
Grand Trunk., Jdwk Aug. 461.975 443,467
61,155
53,411 1,814,014 1,946,551
Chic. A Gr. Tr Jdwk Aug.
553,437
5-0,932
DeCGr.H.AM. Jdwk Aug.
22,550
19,034
70,780
69,247
2,202
Cln.rjag.A.Miio 2,1 srk Aug.
1,B»4
44,855
63,272
Tol.H. A Musk rJdwkAug.
2,194
1,997
Great Nortb’n—
1,370,569 7,575,012 7.630,976
8t. P.M. A M J u l y ....... 1.447,002
1*17,478
835,^>56
Eaetof Minn. July..........
165.589 161,^16
100,220 168,225 1,127,587 1,118,232
1,778,8111 1,700,710 9,530,155 9,075,606
48,562
70,643
9,276
12,001
OTfB'mntAS.C. July..
21,00-*
23,551
2,467
2,053
Gulf A Chicago J uly..
26,117
24.300
4,9 45
5.054
Hooa-Tun.A wll. June .
179,227 178,798 1,148,167 1,125,003
t 1638024 t 12551574 t12012b72
11892825
212.339
194.792
7,699
7,225
Ind. Dec.A West. JdwkJune
1896.
J a n . 1 to L a t e s t D a t t -
1897.
S
1896.
I n d . 111. & I o w a . J i m © ...........
52,509
52.863
393,072
401,964
Tn A fit ATorth'n ,i
In, t. Gt, Noi-th’n •Jdwk 4
Aug. 1 57,7' 51
51,951 1,876,834 V 53.36X
tlnteroo. (Mi.-x . i Wk.J'lv a t j 46,200!
46.250 1,518,563 1,306,257
Iowa Central... 2dwk Aug.;
38,417
31,630
958,230 1,035.550
Iron Railway... J uly..........
2.237
3,716
20,250
28,041
Jaek. T. & K. W. J line..........[ 23,633
23.714
165, i l l
170,227
Kanawha&Mlcb •Jdwk Aug.10,077
315.177
7.769
283.769
K.C.F.Scott AM. Istwk Aug
82,533
74,970 2,019,385 2,473,326
K.C.Mem. A Blr. Istwk Aug'
18,309
665,5091
19,596
630,164
Kan.C.N. W . . . July........... | 21,932
23,S'8j
18 6,200
148,095’
Kan.City&Om. Istwk Ang!
4.012
124.520
3.346
56,868
K.
C.Pitt*. i G . .
64,793
Jdwk Aug.'
18,898 1,207,013
414.730
11,246
Kan.C. Sub. Belt ‘ dwk Aug.
J
7.320
279,823
205,651
Keokuk A W e s t . Ithwkjuly!
9.370
8.821
2 5.477
227.379
L. Erie A l l * So. July..........
3,543
3.741
37.852
34,281
L. Erie & West. 2d wk Aug.
67,860
61,318 2.042,339 2,099,698
Lehigh A Hud.. July........... I 36,014
32,679200,625
227,621
Lehigh VaLRR. m S L ........ , .
June.........1,418,186 1,446,921
. .
L«h. V. C.uil r'o. June..........1,233,520,1,432,055
I.ex’gton&East. June
1S.S49
104,812
19.655
107,166
Long Island---- -July
507,028 513,668 2,167.970 2,178.912
Los Ang. Term J u ly .........
11.419
51,168;
8.148
53,215
Louis.Ev.ASt.L ‘ 11wk Aug.
J
30,355
32,922
855,748
922,885
Lou. H. A St. L. -Jdwk Aug.
10,391
10 , 0 ' 9
276,003
281,268
Louisv.&Nasliv. -.dwk Aug. 399,540 357.455 12,363,094 11,998,181
Maeon & Birm.. July
4,384|
3,850
32,501
31,980
15,8
Manlstlque.......July............
13,533!
7e, 1*7
79,633
MeinpbiaAChas istwk Aug
24.336]
18,628!
765,7711
709,5 80
•.Mexican Cent-, 2dwk Aug. 216,103 171,682 7.959,567! 6.049,972
ilexicau Inter’!. May..........
240,864’ 262.858! 1,283,129 1,186.726
!Mex. National. Jdwk Aug
114,336
96,063! 3,662,005 2,; 64,362
Mex. Northern. Mav .......
48.715
60,949
271.749
347,679
;MexicanR’ way Wk". J’ lv 31
73,500
58,500! 2,171,492! 1,749,074
Mexican 8 0 ........ ithwkjulv
19,360
17,658!
420,021!
307,709
Mlnneap.ASt.L. Jdwk Aug.
37.286
35,831 1.144,075' 1,125,725
M.Ht.P.AS.8t.M Jdwk Aug.
62,520
61,588 2,053,333 2,110,792
Mo. Kan. A Tex Jdwk Aug. 183,432 203.816 6,13 ,735 6,408,061
Mo.Pae.&IronM j.hvk Aug
479,ooo 417.00. 113,4*7,000'12,871,701
Central itr'ch. Jdwk Aug.
28,00*
15,000 j 62o.00o|
429,258
507,00.:
432.00. 14.067.00013,300,959
Total............Jdwk Aug.
6,633
Mobile A Btnn.. ;ith wkJ _ ■
uly
mmmUm_
7,123;
. . . . . 173.374 152,387
...
Mobile & Ohio . July..........
297,409
268,259 2,174,799 1,093,490
Moat.AMez.GU: June......... 1 0 2 . 8 V1
97,544
6 8 2 ,8 12
574,429
N.iah.Ch.ASt.U July..........
480.277: 418,668 3,03 ,378 2,857,565
Nel. A Ft. Sb'p'oG une.........
14.37s
............
72,307
............
NevadaCentraL m
..........
3,777
3,019
13,643
12,309
N.Y.C .A H. R.. July . ......... 3,057.753;3,485,4*8 24,840,178 24,62 ,053
N. V. Out. ,V W juwk Aug.
86,205 91,929 2,32 ,190, -2,306,474
182.Mb
182.009
1,009,20 1,031.945
N.Y.Suaq.AW. j „ u e ........
Norfolk St Went. jdwk Aug. 260,h85 X84,sl9l 0,457,8*0] 6,892,060
3,313
23,80o
25,183
Northea'ntGa.1. M a v ... . . .
3.83
v
,
Northea'n ,« r . .March....... i tj.v 016
(8.C.) .
54.082; . 179.305] 168,919
North's Ceutrarjune........
472.276 494,563 3.02 ,3 9 l' 2,95 ,628
North'u Pacific istwk Aug 392,202 392,617 9,738,490 10,014,934
Oconee St W e s t . June
17.133,
16 767
2.834
2.605
OliioRiver........ jdwk Aug.
505,274
19,70.1
10,' 61 ] 537,842
Ohio Rlv.A Chae j ane .......
80,110
89,810!
12,048
11,119'
Ohio Southern. July .
433,973
4o 918
358.237
61.973
Oregon Juip. c o .ju n e
311,908 273,816' 1,608,597 1,587,241
Oreg.KK.ANav, July .......
425,327 377,473 2,401,81* 2,307,633
Ore*. 8h. Line.. :jurie........ 586,479 498.305 2,7o0,OO5; 2,558,632
PaoiOe MstL_ June
_
393.132 302.054 2,289.123 1,990,168
. 5.185.335 5,li 5,599 20.589.483 30.305.275
Pennsylvania, i - j un*
peonaliec.AEv jdwk Aug. .......... .....
20,832 ' 1 .........
7,751
538.102
516,734
311.712!
302,265
Petersburg....... {J u n e ......
52 149 48.919
Fhiia. A Erie.... Juno........... 373,555 889,198 1,864,107] 1,917,873
Pklia. A Read... June..........1.678.800,1,778.293 9,427.257; 9.816.805
C oal* lr.Co. June........ 1.879 290 2 057 589 9.065,651 10,375,993
______________
Tot. both Co's. j , „ „ . ........ 3,558,01-0 3,835 882 I s .*9 .908 20,192,798
01,786
267,867]
327,801
Ph. IteaiLAN.E June.........
56 851
l’hil. WUm. & B. June........ ! 756,517
7*2,417
PUW.GG*8LL. July.......... 1,171,. 45 1,248,501! 8,009,418! 8,498,898
17!tS.I.lSh.AW’n July
2.476
24.050
25.313!
8.442
Pltta.Bo*. A L .E. Jline
53 450
301.977
54.320
265.4 99!
989,317! 1,088,496
Pltwb. A Wes’ u. Odwk Aug.'
32,083
32,443
506,656'
405.146
Pitt*.Cl.AToL ‘ dwk Aug.
J
18,203
13.641
_____
198.416
234.598
Pitts. P a A F. Jdwk Aug.
7,54s
’,960
54 060 1,694.389; 1,818 240
Total system.. 2,iwk Aug.
57.784,
093.168
Pltt.Yoang.A A. June ........ ; 195,072, 173,142! 605.194
25.391
171.776'
172,516
27 440
QulnCTO.A K.C. July..........
372 347,
386.683
74,067!
Kloh-Friksb&P. June ___
66.18J
178.519
178.388
Rleb.APetersb. June.........
31,351
29,888
219 878'
276,260
9.0*0
RlOGr.South’ u :Jdwk Ang.
7 269
40,-00 1.578.195 1,397, ■65
itlo Gride West. 2d wk Aug.
6 2 .6 oO
028,621! 381.876
St.Jos.AGr. L .. ‘ dwk Aug.
J
24.600
13.4 0
1*7,818
114,219
St-L. Ch.A SC P. May..........
22,067
22.036
31,113
.............
Sl-UKen'etASo. July
___ i
6,116
3,045
SCL ASan Fran. June ....... : 468,489] 524,549 2.8 7 ,.398 2.918.658
71,300] 2.513,096! 2.666.670
SCL.Southwest 2dwk Aug.
bo,8O0|
76*.772' 757.666
SC Faul A D ul.. J u ly .........I 125.554
132.130'
777,253
679,251
San Anc A A .P ..-127,632
422.313
415.400
73,173
sanFraK. A N .P .lju ly ...!].
288.133 1,408,321 1,441,978
Sav. Fla. A West [May.. . . . .
270,816
Seab’ril Air Line] A p r il___
138 563
141 368
5, 58
SherJfhrev.ASo.: tin wkJuly
96.215
86,925
24 504
311. spr*. O. A G May..........
6 532
Sllverton.......... July............
*12,62*5
13,681
3,250
So.Haven*East J uly..........
So. Faeltlc Co.—
378,771 1,810,574 2,045,534GaLHar.AS.A May_____
378 876
410,502
60,905
Louis'*. West. May...........
335,851 2,106,807 1,981.743
Morgan’sLAT. May..........
81.031
16,945
116,751
N .Y .T .A M ex May..........
540.746
634,285
97.406
Tex. AN. Orl.. May..........
895.150 5.128,067 5,088.895
AtL Prop'tes.6 .May..........
2,4 29,267 12.220 807 12 268,i 31
Paclllo system May..........
3.542.024 18,368,924 18,323,004
Total of aU.f May..........
789,522 3.753.937 4,076,518
So. Pae. of Cal..May..........
180,021 1,062,817 1,007,433
8o.Pao.ofArD. M a y .......
501,671
576,005
96,743
So.Pac.ofN.M. May..........
787,761
787,415
161.861
Northern Ry. Mar..........
11,386,780 10.864.346
304 607
Southern Ry___J 1 *k Aug.
<
187,800
316 044
41.752
Spok.FlsANor June
11,459
9.813
4,156
StonyCl. A C.Mt Juue
333.862
404,815
79.282
Summit Branch May.
370,627
330,649
66,881
Lyk.Val.Coal. May.
775.442
664,511
146,163
TotT both Co'* May.
131,420
126,540
4 600
Texas Central.. Istwk Aug
95,312 3,733,042 3,446,059
Texas & Facillc. 1 wk Aug.
2d
13,190
12.620
2,664
Tex. 8.V.A N.W. May..........
907,771 1,083,269
23,788
Tol.&OhloCent Jdwk Aug.
573,090
507,606
17,166
Tol. P . Sc W est.. Ist.wk Aug
46,387 1,314,077 1,246,764
Tol.SC L.&K.C. 2dwk Aug.
Union Pacific—
Union P. RR.. June.. .
1,259,188 1,128,094 6,723,255 6,161,009
429,324
620,000
15,000
28,000
CenCBrnnch u -Jdwk Ang.
THE CHHOJNTCLE
S20
L a te s t G ro ss E a r n i n g s .
Roads.
j Week o r M o
UnJPmo.—«7en.)|
Aeh.Col.xY F. I Juno. . . . . .
Aoh.J.C.A Wv
Can.Br.&L’tlL . une ........
J
i'tr'd tetu l/e June.........
Gn,lVDoji.AG.. 1stwk Aujg
Wabash.---- .. . . Ydwk Aug*
Waco &Worlhw. u u n o ......
J
W.J eiwjy&iSetfe June. . . . . .
W.V.Cen A Pitt* May..........
West-Va.*fc Pitta May..........
W
ear,turn of Ala, Juno. . . . . .
Went. S. V.APii. Hi*wkJuly
Jdwk Aug.
V l Marob.......
i
!2dwk Aug.
'Wts&ouida Cent.1
Wright* v. ATen., *
1897.
j
1896.
j J a n . 1 to L a te s t D a te .
1
$
j
$
25,217
32,146
57,413
70,861
1,455,847; 1,296,264
44,581
61,*00
278,483i 234,910
12,139
13.006
225,28f 246,142
>
98,155|
98,347!
3 6,88 8l
33.824
3 9 ,7 1 0 ;
43,484
91,400
91,900
13,820
21,7511
52,869
56,180
92,163;
90,M,7|
5,04“ i
5,5291
5.231
1807.
200,799
•178,090
8,001.492
1,926,495
0,88 ,363
97,519
:,(127,12 3
455,772
151,766
30.0,053
1,541,136
596.330
186,696
2,555.507
38,935
3 1,05,
lsf w e e k o f A u g u s t .
1896.
115,612
339,323
7,130,585
1,741.938
7,353.643
104,296
1,069,192
472,875
156,750
257.247
1,641.493
833,379
186.184
2,011,001
41,768
30,375
York, So tithe
Ju n o........
' Figures given ilu notInclude Oregon Ry. 4: N;.v\, On.Pac. Denver <
&
Gul(, Denver LoiulviUo Gunnison, Montana Union and Leavenworth
Topeka & south,Vi,.torn. « Tuese llgures include results on teased linos.
t>Include. earnings from ferries, etc., not given separately. t Mexi
cali currency. c Include only Unit of lines iii which Union Pacino lias
a half interest.
, ,,
d Includes operations of the Olio. Burlington & Northern m both
years.
> Covers result. of lines directly operetta east ot Pittsburg.
i Includes St. Louis Alton <2 Terre Haute lor all periods; beginning
with July, Chesapeake Ohio & Southwestern is also Included, but for
this year only.
Latest. Gross Earnings hy Weeks —The latest weekly earn
ings in the foregoing are separately summed up as follows:
For the second week of August our preliminary statement
cowers 55 roads, and show's 12-94 per cent increase in the
aggregate over the same week last year.
Kan. City Ft, 8. & Mem.,
Kan. City Mem. .ft Blrrn.
Kansas City & Omaha...
Louisville Heud.ft St. L..
MeiuDhts & Charleston..
Northern Paolttc..............
Ohio River..... ..................
Texas C entral................
Toledo Peoria & West’ll .
Un, Pao. Den. & Gulf_
_
Total (75 roads) . . . . . .
Netinoraase (9-04 o . o,)..
[V ol. LXV
1897.
1896.
*
82,533
18,309
4,012
10,280
24,336
392.202
18,334
4,297
17,U 3
61,406
S
74,97b
19,596
3.346
8,476
18,623
392,617
22.013
4,600
17,166
44.531
7,055,658
6.530,462
........
fn erm *
$
7,563
ae'e
1,804
5,708
___ ___
. ...........
16,325
605,321
525,196
D'^.re&ss
§
1,287
___ ___
415
3,679
303
53
80,628
....... .
Net K irilin is 'Ionfitly to Latest Oates.—The following
shows the gross and net earnings to latest dates of all S t e a m
railroads furnishing monthly statements. The compilation
include! every road from which we can get returns of this
character anil in that form is given once a month. Early re
turns are published from week to week, as soon as issued, but
for the convenience of our readers all the roads making re
turns aie brought together here in the week in which we pub
lish oui monthly article on net earnings—say on or about the
20th of the mouth. Besides the roads furnishing mouthiy
returns, we have added this time the roads which make quar
terly returns.
The returns o f the street railways we give by themselves
under a separate head at the extrem e end o f these tabulations
—see page 383.
B o a d s.
1897.
$
1896.
. $
I et E a r n i n g s . Y
1897.
1896.
$
$
Addison & Pennsylv'a 10,384
10,960 def.1,189
1,046
Apr. 1 to June 3i>.—.
Adirondack,.......... June
13,232
15.050
def.323 def. 1,249
D ecrea se.
In crea se.
2 d w eek, o f A u g u s t.
1896.
1897.
100,331
90,029
Jan. 1 to June 3 0 ___
26,698
32,989
$
$
8
$
125,622
Alabama Gb.South.aJuoe
112,426
31,228
13,599
3,44''
27,351
3o,793
Alabama Gt. Southern...
746,499
164,645
124,594
Jan- 1 to June 30—
681,029
............
21,757
23,622
1,865
Ann Arbor........ ...............
July 1 to June 3 0 ---- 1,605,546 1,634,093
502,505
500,881
H.149
8,113
2,73
Atlantic & Danville........
Alabama Midland_ May
_
55,568
45,665
11,862
3,497
128,97:
118.006
10,971
Balt. <s Ohio Southwest..
285,483
254,460
Jan. 1 to May 3 1...
42,475
31.861
______ _
71,247
67,056
4,241
Buflalo Roch. « P Ittgb’g
fc
621,702
574,507
101,326
July 1 to May 31.......
80,138
417,000
499,000
52,000
Canadian Paoific-----------_
210,886
197 Allegheny Valley_ June
197,353
92,374
69,086
87,494
87,691
230,2 L
7
Jan. 1 to June 3 0 .... 1,151,734 1,151,055
433,376
386,546
31,927
198,290
67,174
tjhleago at E bbI. IllliiolB71,762
4,588
104.792
Ann Arbor.................Tune
100,911
36,504
Chic, Great Western-----97,794
83,114
14,680
Jam 1 to June 30___
629.009
570,324
209.946
68,741
01,738
Clue. Indtanap.* Louisv.
17,005
Arkansas Midland. , .May
7,511
2,070 def.2,338
6,197
586,994
Chicago Milw. & St. Paul
534,231
52,763
36,165
Jan, 1 to May 31.......
35,799 def.1,015 def. 1,160
1,440
22.138
23,578
Clev. Loram & Wheel’g ..
__
148,300
Ateh. Top- <fcS,Fe,b.,Tane 2,442,052 2,148,774 *399,658
*428,183
135,100
13,200
Denver * Rio Grande...
7,0/7
254
Jan., 1 to .Tune 30 ...14,434,060 13,590,232 2,767,442 3,332,805
Evansv. A Indianapolis.
6,823
2,401
125
2,526
July 1 to June 30 — 30,621,230 28,999,598 *7,754,041 6,923.322
Evansville < Richmond.
ft
22,186
Evansv. A Terr© Haute..
25,34o
3,155
11,901
Atlanta & W. Point.June
37,759
34,745
12,516
17,049
1,034
18,083
97,422 ■ 18,740
Jan. 1 to June 30 . . .
264,033
241,017
443,467
461,975
18,508
July 1 to June 3 0 .. ..
554,446
534,114
219,829
213,451Chic. < Grand Trunk-.
s
61,155
53,411
7,744
Atlantic & Danv’e.a. June
42,214
40,603
7,080
9,196
22.550
19,034
Det. Gd. H, & M ...........
3,516
Jan. 1 to June 3 0 .. ..
260,244
263,253
65,324
58.587
2,262
1,864
398
July 1 to June 3 0 ....
537,378
564,471
133,035
135,348
1,997
2 , l94
197
51,951
International & Gt. No..
57;-f>5
5,804
102,964
Atlantic & Pacific....May
347,646
329,663
85,725
38,417
31,630
6,787
Jan. 1 to May 31....... 1,625,389 1,562,886
375,189
291,238
7,769
Kanawha A Michigan—
10.077
2,308
750.884
July 1 to May 31....... 3,272,453 3,339,463
456,757
Kan. City Fit-tab. A Gulf
s
18.698
64,793
46,095
■■ B-■»» ' Austin & North.w’u.-M ay
M
1,132
5.661
10,914
18,913
11.246
7.820
3.426
Jam 1 to May 31.......
75,211
98,434
18,575
26,140
67.860
Lake Erie & Western.....
61,318
6,542
503,173
493,403
Louisv. Evansv. A 8fc. L
30,355
31,922
2,567 Baltimore &OMo.b June 2,208,798 2,189,391
Jan, 1 to June 30. ...12,068,770 11,422,621 2,185,846 2,674,48 4
Louisv. Hend. i; St. L. . .
10,689
10,39 1
298
July 1 to June 3 0....25 ,5 82 ,1 1 9 24,155,637 5,570,658 6,779,369
Louisville <k Nashville...
399,540
357.455
42,085
216,103
171,682
44,421
Balt, & Ohio Southw .May
500,489
143.024
461,906
154,284
114,336
96,063
18,273
687,693
Jan, 1 to May 31....... 2,436.554 2,459,060
709,960
35,834
Mtnneanolia A St. Louis.
37,236
1,402
July 1 to May 31....... 5,576,593 5,909,856 1,657,309 1,965,411
62,520
Minn. St. F. & Ste. S. M..
61,588
932
163,432
203,816
20,384 Bangor &1Aroostook— ..
170.005
Apr. to June 3 0 ..
179,370
63,301
63,773
417,000
479,000
62,000
Jan. 1 to June 3 0 ....
374,338
139,241
127,623
339,277
26,000
15,000
13J)00
91,929
N, Y. Ontario & Western
86.295
def.719
def.727
1,433
1,586
5,634 Bath «&Hammonds.. June
Norfolk & Western..........
260,685
184,819
1,175
Jan. 1 to June 30___
10,181
409
10,39 L
75,866
19,705
19,261
444
def.285
140
1.515
Birm. < Atlantic.b. June
&
1,622
17J51
Peoria Dec. & Evansv...
20,832
3,081
10.407
1,098 def.1,611
Jan. 1 to June 30___
10,419
57,784
Pittsburg < Western---- fe
5A.050
3,734
July 1 to June 30___
23,777
819
25,417 J 5.440
7,269
Bio Grande Southern—
9,950
2,68 i
Boston & Albany.b—
Kio Grande Western---- 62,600
49,800
12.800
656.291
471,457
Apr. 1 to June 3 0 .... 2,375,258 2,340,834
24,600
13,400
St. Joseph Gd. Island..
11,200
Jan, 1 to June 3 0 ___ 4,403,974 4,413,439 1,420,929 1,258,985
80,300
71,300
Bt. Louis Southwestern-.
9,000
354,305
304.607
49,698
Boston & Maine.b—
95,312
Texas & Pacino. ..........
118,184
22,872
Apr. 1 to June 3 0 __ 4,904,670 5,028,021 1,495,910 1,451,519
20.784
Toledo & Ohio Central...
23,788
Jan. 1 to June 3 0 ___ 9,143,445 9,303,132 2,760,904 2,456,436
3,004
Tol. St. L. & Kan. City...
52,318
46,387
5,931
Boat. Rev. B. & Lynn—
278.483
234,910
43,573
1x39,147
10,490
63,800
Apr. Ito June 30___ 1x84,671
21,751
13,8 10
Wheeling < Lake Erie...
fe
7,931
13,073
40,651
111,640
Jan. 1 to June 3 0 ,...
130,654
92,163
90,647
Wisconsin Central..........
1,516
Bridgton & Saco Riv.—
2,632
6,111
Apr. l to June 3 0 .. ..
916
6,579
Total (55 roads)--------- 6,042,251 5,350,011
736,755
44,515
12.408
12,720
Jan. 1 to June 30 . . .
4,645
2,985
Net increase (12-94 p.c,) .
692,240
..........
47,192
Brunswick & West. .May
17,783
52,748
18,265
65,224
Jan. 1 to May 31.......
224.910
239,775
68,683
For the first week of August our final statement covers
177,782'
528,253
July 1 to May 31.......
526,319
139,686
75 roads, and shows 8-04 per cent increase in the aggregate
Butt. Roeh.& Pitts, b. June
258,428
73.016
285,939
96,838
over the same week last year,
Jan. 1 to .Tune 3 0 .,.. 1,552,242 1,542.751
48 4.545
480.126
July 1 to June 3 0 .. .. 3,317,270 3,179,776 1,093,822
979,058
1st week of August.
1897.
Buffalo & Susquelm.June
48,867
21,913
39,733
1f e i .
17,506
In crea se.
D ec r e a s e .
124,167
230,507
90,964
Jan. 1 to June 3 0 .. ..
270,009
487,844
$
July 1 to June 3 0 .. ..
579,798
295,175
*
$
2 17,746
#
Previously rep’d(49 r’da) 5,263.306 4,780,823
538,408
56,010 Burl.Ceil.R. &No.s.June
351,857
340,4L7
88,536
87,118
72,916
Burl, Ced- Ban. .V North.
70,400
2,516
Jan, 1 to June 3 0 .... 1,846,833 2,112,6.88
588,347
661.193
82,778
Central of Georgia..........
87,692
4,914 Canadian Paolfto.a..Jane 2,000,577 1,667,2 31
624,004
886,127
30,824
Ouleago & West Miohl^ao
33,344
2,520
Jan. I t o June 3 0 .... 9,712,694 9,151,653 3,667,193 3,108,937
Clev.Canton A South’n..
• 8,783
11,930
3,156
264,464
Olev. Cttn. Ohio. & St.. L...
250,38^
Carolina Midland___June
2,536
2,936
def.691
5,781
def.28
25,062
Det, Gfl, Rapidn & West.
23,476
1,786 Cent.of Georgia. ...June
331,757
326,372
63,939
70,899
Duluth So. Shore A At!..
38,49 1
43,953
o.iS’J
Jan, 1 to Juue 30_
_ 2,380,538 2,423,113
701,643
648,681
1,226
2,211
Evansville A Eiehmond..
'985
July 1 to June 3 0 .. .. 5,280,636 5,368,759 1,828,134 1,759,272
Flint & Per© Marquette..
40,138
45,190
948
Cent, of N, Jeraey.aJune 1,026,083 1,041,238
374.291
386,894
30,771
Fla Cent. A Peninsular. ,
33,525
3.246
Jau. 1 to June 30___ 5,526,598 5,742,595 1,809,356 1,850,784
FtbWorth & Denver City.
22,93 1
19,860
3,074
447,287
Grand Trunk of Canada.
434,353
12,934
929,145
Central Paoifl-B.......... May 1,044,817
410,820
279,237'
Ohioavo A Gr'd Truna.
58,520
53,569
4,951
Jan. 1 to May 31....... 4,723,357 4,569,197 1,641,812 1,430,616
Det. Gr. Hav. & MUw..
20,645
19,349
1,296
Char. * Savannah. ..M ay
53,356
50,888
18,736
11,806
2,452
Oin. Sag. & Mack.........
2,510
58
273,911
Jan. 1 to M iy 31.......
293,497
101,863
77,654
2.025
Tol. Sag. A Musk...........
2.001
24
............
493,485
July 1 to May 3 1 ,. ...
520,133
143,193
98,849
THE
A ugust 31, 1897,j
• -G r o s s E a rn in g s.—
S oad s.
O bes. A O h io .a ..
1897.
1396.
$
S
8 6 1 ,5 2 7
8 20 ,14 5
5 ,3 4 9 ,8 5 1 5 ,0 1 6,66 3
1 0,7 0 8 ,1 8 3 1 0 ,2 2 1 ,1 3 2
3 ,0 2 2 ,1 3 3 2 ,7 2 4 ,5 7 8
1 6 ,9 4 1 .8 4 8 1 5,5 9 2 .1 1 8
3 3 ,5 2 6 ,1 8 6 3 4 ,5 8 1 ,5 0 3
312,211
2 6 3 .0 0 3
C h ica g o A E a st. 111..May
J u ly 1 to M a y 3 1 ____ 3 ,6 2 9 ,4 3 0 3 ,7 3 7 ,3 3 8
3 3 4 ,0 6 6
3 8 2 ,5 0 6
C h ica go G t, W est’ n ..J a l y
2 6 0 ,3 1 2
2 6 0 ,8 4 0
C hic. In d ’Ils & L o u is .M a y
2 ,7 1 8,55 9 2 ,6 0 4 ,9 3 9
1 3 .7 4 8 ,1 3 2 14,6 11 ,1 0 1
3 0 ,4 8 6 ,7 6 8 3 2 ,6 8 1 ,8 2 9
6 7 ,0 0 1
6 0 ,4 5 1
C h ica g o A No. F a o ..J u n a
4 0 0 ,1 7 1
Jan. 1 to June 3 0 . ...
4 0 9 ,4 8 5
1*27,932
1 3 5 ,7 6 0
O lio . * W est Ml e h .-J a n e
7 5 3 .5 0 9
734,91b*
J a n . 1 t o J a n e 3 0 ___
6 2 ,4 3 9
6 0 ,9 4 6
C h o cta w Okhi. A G ..J u n e
4 9 3 ,” t i
4 8 1 .94 1
J a n . 1 t o t u n e 3t*..
7 0 6 ,6 8 6
7 3 9 ,6 6 7
N o v . 1 to J a n e 3 0 . .
2 7 8 ,7 4 4
3 1 2 .6 0 2
C in .N .O rl.A T e x .P .a . J u ly
J a n , 1 t o J u ly 3 1 ___ 2 ,0 3 1 ,8 3 3 1 ,9 2 3 ,1 2 7
04,4 75
5 5.6 73
C le v e . C an ton & S o ,,J a n e
3 2 7 ,4 2 3
3 1 1 ,3 0 2
J a n , 1 to J a n e 3 0 . . . .
7 0 6 ,8 L5
6 3 7 ,9 5 9
J u ly l to J a n e 3 0 ___
1 ,1 1 7 ,6 2 2 1 ,1 7 0 .9 3 2
0.427.6.33 6 ,3 2 2 ,0 4 0
1 3 ,1 1 7 ,n o 1 3 ,7 0 4 ,5 8 4
1*29,344
1 5 1 ,1 9 0
P e o ria & Eaet’ ii a . J a n e
8 7 0 ,1 6 7
7 9 7 ,7 3 5
J a n . l to J a n e 3 0 . . .
J u ly 1 to J a n e 3 0 . . . 1 ,6 3 1 ,1 0 2 1 ,9 0 2 ,8 2 4
1 3 4 ,2 1 4
C lev. L or. & W heel...M ay
105 ,13 $
4 7 7 ,0 1 0
5 4 1 ,9 3 3
Jan , 1 to M ay 3 1 ___ _
J a l y i t o M ay 3 1 ........ 1 ,0 7 5,53 2 1 ,4 3 8 ,1 6 3
156 ,35 3
187 ,50 3
C o lo r a d o M id la n d ., J a n e
7 95 ,14 3
9 4 7 ,6 3 1
J a n . 1 to J u n e 3 1 ___
C olu m b . N ew b . A I.aur.—
9 7 ,4 3 5
129,265
A p r. 1 to J n n eS ti___
1 7 2 ,5 5 5
J a n . 1 t o J a n e 3 0 ___
2 4 0 .8 4 6
8 ,9 8 9
O ola m b. A R ed M t..J u n o
6 1 ,9 9 3
J a n , 1 to J a a « 3 0 ___
-#»**.»*
1 .2 1 5
1,054
C r y s t a l. . . ....... ...........J a n e
6 ,2 4 1
Jan . I to J an e 3 0 — ,
5,659
8 2,7 96
7 8 ,4 3 1
C u m berla n d V a lle y .J u n e
3 3 0 ,S « »
J a n . 1 u» Ju n e 3 0 . . . .
3 6 0 ,2 2 5
D e la w a re A H u d son —
R e im s. A S a ra toga b —
5 5 4 ,3 1 2
5 76,411
A p r, l to J u n e 3 0 ___
J a n . 1 to J u n e 3 0 . . . . 1 ,0 6 2 ,8 2 8 1 ,1 2 1 ,4 4 4
N , V . At C a n a d a !>•*
2 3 2 .2 0 7
2*20.223
A p r. I to J u n e 3 0 ___
* 2 4 ,4 7 1
J an . 1 t » J u n e 3 0 ___
4 0 7 ,5 2 1
A lb a n y * Sued* b —
8 7 3 ,1 4 6
9 9 0 ,5 9 4
A pr. i to J u n e 3 0 ___
J a n . I t o J u n e 3 0 ___ 1 ,7 2 1 ,2 7 3 1 ,9 0 6 ,2 0 ?
D e l. L eek. A W estern b —
A p r. I to J u n e 3 0 ___ 1 ,5 7 6.83 9 1 ,9 3 1 ,0 6 3
J w t. 1 to J a n e 3 0 . . . 2 ,8 1 2 ,3 6 4 3 .4 1 5 ,1 6 4
6 1 6 ,3 1 0
6 4 8 .1 4 7
D e n .A K G r a n d e .b .J a n e
J » n . I to J u n e 3 0 . . . 3 ,1 7 5 ,6 5 4 3 .4 6 8 ,0 1 6
J n ly l to J a n e 3 0 ___ 6 ,9 4 5 ,1 1 4 7 ,5 5 1 .1 8 6
9 ,9 0 0
12.8 48
D ee M oines A K . C ..J o n e
5 6 ,3 8 5
J a n . 1 to J u n e 3 0 . . . .
7 3,3 75
3 5 ,7 3 3
3 3 ,5 5 3
D es M oines N o.A W la n e
132 ,96 8
2 1 3 ,9 0 3
J »n . t t o J a n e 30 . . .
103.178
9 4 ,9 3 9
D e t. G d .lt.ii>. A W,* . J une
6 0 0 ,8 0 5
5 4 3 ,7 4 5
Jan . 1 to J u n e JO . . .
2 0 ,5 6 2
D e t. A L im a N o rth ..J a n e
5 0 ,4 4 0
D e tr o it A M aek’ e .a J a n e
3 8 ,6 0 7
J an . 1 to J u n o 3 0 , . . .
2 6 4 ,2 8 0
2 5 8 ,4 0 2
4 0 6 .6 9 6
4 3 1 ,3 7 6
J a ly 1 to J a n e 3 0 , . „
D u lu th S o. S b .A A t!.—
5 9 9 .5 8 6
A p r l to J u n e 3 0 . . . ,
3 7 7 ,4 1 8
89*2,591 1 .0 1 9 ,6 8 2
J an . l to J u n e 3 0 ___
8 0 ,2 0 0
E lg in J o lie t A K .« . M ay
9 7 ,0 3 9
4 5 9 ,9 7 6
J an . I to M ay 3 1 ........
5 4 3 ,7 9 5
J u ly 1 t o M ay 3 1 ....... 1,0 7 9,37 1 1 ,1 7 7,23 6
E lm ira A L a k e O n ta rio—
1 5 4 .3 1 2
A p r. 1 to J u n e 3 0 . . .
1 43 ,39 9
Jan. 1 to June 3 0 . ...
3 1 6 ,9 9 6
2 * 6 ,2 2 6
E lm ira A W illia m sp ort
2 3 2 ,3 8 3
2 2 9 ,7 9 5
A p r. 1 to J u n e 3 0 . . . .
4 8 9 ,4 7 8
4G 4 ,2 m
J a a . I to J u n e 3 0 . . .
2 ,9 0 6 ,7 9 9 2 ,0 0 3 ,4 0 1
E rie . . . . — . . . . . . . . .J u n e
.*,3 9 0 ,1 0 9 4 ,7 3 1 ,0 0 3
41,407,031 8 1 ,6 4 5 ,4 8 7
4 ,9 9 0
6 ,0 0 7
E u rek a S p r i n g * ......M a y
J ito. I to M ay 3 1 .. . . .
2 4,432
2 4 ,4 9 3
P a ll B t o o k —
17
1 4 1 ,7 9 6
A p r. 1 t o J u n e 3 0 . . . .
2 7 2 ,42 1
Jan. 1 to Juno 3 0 ,...
3 1 4 ,2 4 7
F it e h b u r e .b —
A p r. i so J an n 3 0 . . . .
J a n . 1 to J u n o 3 0 . . . .
F lin t A P ore M a rt).* Jsitus
jjja a . i t o J u n e n o . . . ,
F la . C ent. A P e n is ,
A p r, i t o Ju n e 3 0 . . . .
J a n . 1 t o J u n e .**__ _
Ft. w , a D e n y . C n y. J o n e
J a n . 1 to J u n e 3 o . . . .
G a d s d e n A A St. C o ...J u ly
J a n . 1 t o J u ly 3 1 . . . ,
C H R O N IC L E !
— E el E a rn in g s, -
1897.
----
$
$
2 6 0 ,1 3 6
2 7 1 ,2 6 9
1 ,5 5 0 ,7 4 4 1 ,5 3 1 ,9 5 9
3,4*21,414 3 ,2 5 7 ,9 7 9
9 5 1 ,3 6 1
8 0 7 ,2 2 1
ft.27S .695 4 ,9 9 7 .0 8 0
1 4 .3 2 2 ,2 7 1 1 2 ,9 6 7 ,8 3 2
1 23 ,32 6
1 0 7 ,8 3 4
1 ,5 8 0 ,7 9 9 1 ,6 5 0 ,9 1 3
1 1 2 ,2 6 5
7 7 ,5 9 7
9 1 ,9 3 5
78,171
1 ,0 9 3 ,7 8 2 1 ,0 1 2 ,8 8 5
5 ,1 2 4 ,3 5 0 5 ,1 0 2 ,4 2 5
1 1 ,9 0 9 ,2 2 9 1 3,0 0 5 ,0 2 1
3 6 ,3 1 0
4 9,3 90
3 0 3 ,9 1 4
2 7 5 ,0 4 4
17.361
12,305
1 3 1 .9 1 4
1 0 1 ,0 7 3
12.0 13
6 ,7 9 5
1 1 2 .0 7 7
8 9 ,0 0 3
2 0 0 ,0 5 4
1 32,313
101 ,30 3
66,623
7 0 0 ,7 9 7
4 7 1 ,5 0 4
8 ,0 9 7
1 3 ,7 5 1
4 1 .7 8 6
6 7.2 91
112,651
1 60 ,70 1
2 3 7 ,3 0 4
2 4 3 ,2 3 *
X.5 7 4 ,3 1 0 1 ,4 5 3 .5 2 0
3 ,2 5 2 .4 4 6 3 ,4 1 0 ,8 3 1
3 2 .8 2 3
3 2 .3 9 7
1 6 2 ,9 7 0
1 9 6 .97 8
3 1 2 ,8 4 6
4 5 7 ,9 0 0
3 2 ,1 8 9
4 3 ,3 4 2
1 5 3 ,1 3 7
1 4 3 ,2 0 3
3 3 0 ,1 3 1
4 3 1 ,2 3 6
6 0 .7 6 !
2 4 .1 3 3
1 79 ,36 0
2 5 8 ,1 9 9
2 9 .8 7 1
5 4 .7 5 2
1,565
15,1*28
778
2 ,3 8 4
3 5 ,3 2 5
0 8 ,4 0 3
437
43
27,111
110 ,53 1
1 6 4 ,1 9 4
2 0 6 ,1 0 8
1 6 6 ,0 2 3
25.4,753
5 1 ,3 7 3
1 0 1 ,0 4 7
54,2 32
9 7 ,5 0 6
3 0 5 ,3 3 2
6 5 0 ,5 3 6
3 07 ,33 0
7 3 0 ,2 1 9
6 3 0 ,8 0 8
1 ,0 s 2,635
2 7 7 ,1 0 9
1 ,3 3 3 ,3 0 3
*2,380,773
826
10,2 57
4 ,8 3 6
2 8 .1 9 3
4 2 ,0 6 8
137 ,46 5
1 1 ,1 5 0
10,061
7 1 ,4 1 2
0 6 ,0 0 3
9 5 2 ,1 6 6
1,5 3 7.89 5
2 7 7 ,3 0 6
1.3 8 5,48 1
3 ,2 0 2 ,4 0 6
2.251
19,366
8,491
7 0 ,5 o 3
3 1 .6 5 0
8 0,6 4 2
1 0 0 .7 2 0
1 6 5 ,7 4 5
2 2 ,2 3 0
1 6 7 .3 3 0
3 7 7 ,8 5 7
2 2 8 ,11 2
3 7 7 ,51 6
3 3 .0 3 2
187,671
4 0 7 ,0 0 0
19,5 24
3 4 .5 4 4
14,9 92
9 4 ,2 0 8
1*2,731
d e f .l 1.519 d e t 18,487
3 ,3 2 7 d e l. 3 0.2 30
4 1 .0 2 7
1 1 0 .8 3 0
8 3 6 ,7 2 7
3,371.1*27
8 .1 5 6 ,9 3 0
det. 132
9 ,3 8 1
2 7 ,3 1 2
6 5 .3 8 3
7 1 8 .1 4 8
3,3:>a.3'.lf!
7 ,0 2 6 ,0 8 3
1.521
1 1 ,5 * 5
6 6 .0 9 4
11*2,474
5 2 ,4 0 4
82*880
1 .8 4 5 ,7 8 7
3 ,5 2 1 ,8 0 7
21& 293
1 ,3 1 7,42 7
3 9 0 ,1 8 3
8 3 4 ,1 6 3
5 6 ,§ 8 4
3 1 8 .9 8 8
4 5 0 ,2 4 2
8 2 3 ,0 7 2
5 1 ,8 4 5
3 2 5 ,60 1
7 0 9 ,5 0 2
6 3 9 ,1 8 9
1 ,2 3 9 ,9 6 3 1 ,1 7 4 .7 0 4
§ 3 ,0 0 4
6 1 ,$ 1 2
492 *0 2 2
4 3 0 .0 7 7
723
030
5 ,1 0 3
6 ,3 6 2
2 9 0 ,99 1
4 3 3 ,3 2 7
1 4 ,1 4 9
8 8 ,i f 4
362
1,065
2 0 4 ,1 4 9
321 ,76 1
8 ,7 1 6
3 4 ,0 8 2
401
3 ,1 9 3
1 ,7 7 3,46 3
3 ,3 3 9 ,9 §8
2 1 6 .3 2®
1 ,3 1 3 ,4 3 8
9 7 .1 7 3
7 2 7 ,1 6 0
1 ,5 9 0 ,0 5 9
8 6,-4 § 2
0 3 3 ,2 8 $
1 .4 7 9 ,7 0 2
2 1 .5 6 5
157 ,50 3
8^451,303
jg0*16S
l o t ,5 8 9
S 4 3 1 .1 1 0
7 6 ,1 3 2
G eorgia. A A I*U 'a .a i J an e
406,641
J a n . I to J a p e .-it)___
J u ly I t o J u n e 3 0 . . . . 1 ,0 2 1 .8 3 4
*2,437
3 * 3 ,2 3 0
8*23,048
1 2 ,5 7 8
104,2*46
2 0 4 ,6 5 3
11,364
8 0 .4 4 5
1 6 2 ,0 3 4
G o. So m b . A Fla, a . J a n e
8 7 ,3 5 4
4*25,211
8 6 0 ,11 6
15,2 02
110 ,51 5
2 72 ,83 4
477
7 6.1 15
2 5 8 ,7 8 7
G e o r g ia .«
........J u a n
J a n . I to J u n e 3 0 , . , ,
J u iy t t o J u n e 3 0 , . . .
J w , 1 t o J o b *' J O , . . .
J u ly 1 to J u n e 3 0 . . . .
4 0 ,8 1 7
4 0 6 ,0 2 7
8 6 3 ,5 * 2
821
Gross E a rn in g s.----- ,
1897.
----
B onds.
$
G d. R ap id s & In d ..J u n e
1 9 9 ,3 3 7
Jan . 1 to J a n e 3 0 ___ 1 ,1 5 0 ,6 3 8
1896.
2 1 3 ,3 5 5
1,264,363
G r .T r a n k o I Canada. M a y 1 ,1 5 0,24 7 1 ,4 5 9,17 7
J an . 1 to M ay 3 1 ____ 6 ,8 1 8 ,6 1 2 6 ,8 0 6 ,3 9 8
C hic. « 6 r . T ru n k ..M a y
2 2 6 ,0 6 6
2 61 ,72 8
J a n . 1 t o May 31. . . . 1 ,1 9 0 ,3 8 0 1 ,3 4 8 ,4 6 4
D e t. G r. Bf. A M il...M a y
7 0 ,3 2 2
J an . 1 to M a y 3 1 ........
3 5 6 ,0 3 4
2 ,4 7 3
G o l f A C h ica g o ,
. .J u n e
2 ,1 5 1
J an . 1 to J a n e 3 0 ___
2 0 ,6 9 8
1 8 ,5 3 7
H o o s a c T u ii.A W ilta .J n n e
3 ,0 5 4
4 ,9 4 5
2 4,399
J an . 1 to J a n e 3 0 ___
2 6 ,1 1 7
1 7 9 .2 2 7
H o u s to n A T e x . C e n t M a y*
1 7 8 ,7 9 8
J an . l t o M a y 3 1 ........ 1 ,1 4 8 ,1 6 7 1 ,1 2 5 ,0 8 3
b
73,558
384,164
-N e t E a r n i n g s . ■
1897.
$
3 8 ,7 9 6
277,190
5 5 2 ,1 0 6
1,921,835
4 2 ,1 5 9
137,203
16,994
62,822
d e f.2 4 3
2 ,591
1 ,906
1 1 ,3 8 6
d e f.4 0 1
1 8 2 ,7 1 2
1896,
S
11,609
241,078
4 9 3 ,8 4 3
1 ,6 7 6 ,4 5 6
46,529
124,821
6,176
15,179
d e l.8 4 0
1 ,7 8 8
497
5 .7 7 9
d e t.8 4 9
1 5 0 ,2 1 9
I llin o is C en tra ! . a : J u n e 1 ,7 1 4 ,2 8 * 1 ,6 9 0 ,1 1 5
2 1 9 .8 7 4
3 8 4 ,6 8 4
Jan . 1 to J u n e 3 0 ___ 1L 0,658.94y 1 0 ,3 7 4 ,' 4S 2 ,9 5 5 .4 0 6 2 ,8 3 4 ,3 2 1
J u ly 1 to J u n e 3 0 ...5 22,1 10 ,9 3 7 2 2 ,0 0 2 ,8 4 2 6 ,3 7 5 ,0 5 3 7 ,0 4 0 ,5 6 6
3 2 ,5 0 9
5 2 ,8 6 3
In d ia n a 111. A l o w s . J a n e
n,574
5 ,3 7 3
3 9 3 ,0 7 2
4 0 1 ,9 6 4
J a n . 1 to J u n e 3 0 ___
1 2 4 ,2 7 9
1 1 8 ,2 1 1
7 3 3 .2 9 0
J u ly 1 to J a n e 3 0 ___
7 8 6 ,1 3 4
1 9 5 ,0 7 7
2 3 4 ,2 1 1
134.0S S
1 3 3 ,3 4 5
Io w a C e n t r a l.b ____ J a n e
4 1 ,2 0 5
4 2 ,9 8 9
7 5 o .t 11
9 0 3 ,4 3 3
Jan . 1 to J u n e 30 . . .
2 1 3 ,2 5 1
3 1 9 ,3 4 6
J a ly 1 p» J u n e 3 0 . . . . 1 .5 6 4,79 2 1 ,8 5 0 ,6 3 5
4 6 4 ,6 3 4
6 9 1 ,1 8 5
2 .4 8 3
Iron R a ilw a y , b ........J a n e
3 ,8 2 2
745
1 ,2 8 0
18.0 13
2 1 ,3 2 5
J a n . i to J u n e 3 o ___
4 ,8 8 8
3 ,0 1 8
J u ly 1 t o J a n e 3 0 ___
3 7 ,8 3 7
4 8 ,4 7 0
8 ,5 6 3
3 ,8 5 8
2 3 ,7 1 4
2 3 ,6 3 3
J a c k , l’ aii.. * if , 'V. J a n e
363
719
J an . 1 t o J u n e 3 0 ___
1 65 ,31 1
1 7 0 ,2 2 7
2 0 ,3 1 5
14,7 10
7 7 ,7 7 9
A p r. 1 to J u n e 3 0 ___
8 0 ,2 9 7
1 2 ,5 2 6
1 3 ,7 0 5
4 2 ,1 5 5
K anaw h a A M tn h .b .J u n e
3 4 ,5 9 3
1 3 ,2 2 9
7 ,0 0 0
2 4 3 ,6 3 7
J an , 1 to J u n e 3 0 ----2 3 0 ,0 2 1
5 5 ,8 6 3
5 4 ,6 8 3
4 8 1 ,5 8 2
4 7 2 ,9 7 0
J u ly 1 to J u n e 3 0 ___
1 1 9 ,9 1 2
1 1 6 ,1 2 8
3 8 1 ,2 8 3
3 3 2 ,6 7 1 6 1 1 5 ,7 4 3
K a n .c . F t. 8 . * M .« .M ay
1 0 6 ,4 4 6
J a a . 1 to M ay 3 1 ........ 1 ,9 0 3 .2 5 4 1 ,8 0 1 .0 5 *
5 9 4 ,7 0 5
5 4 1 ,9 2 9
J a ly 1 to M ay 31. . . . 4 ,2 4 8 ,4 0 1 4 ,2 0 3 ,1 1 9 1 ,3 5 2 ,7 5 4 1 ,3 0 0 ,8 6 9
96,8 31
01,0 11
1 6 ,5 7 0
K an. 0 . M em .A B , n ,. M ay
1 5 .9 4 3
5 0 1 ,5 4 9
4 8 0 .8 0 7
1 0 8 ,2 3 0
J a a . 1 to M e jr S l.....
8 3 ,2 8 3
J a ly 1 to M ay 3 1. . . . 1,1 6 8,60 3 1 ,1 1 2,16 2
3 1 1 ,9 0 5
2 2 3 .1 1 8
Kan. C ity A N orth w esternl —
0 9 ,5 4 5
A p r. 1 to J u n e 3 0 ----3 7 ,3 5 5 d e t.6 .9 1 8
d e f.5 ,2 5 3
1 6 1 .2 6 8
Jan. 1 to J an e 3 0 —
1 2 4 .2 5 7
2 3 ,5 9 8
d o t.5 ,6 0 7
1 90 .51 5
6 3 ,5 6 1
Kan. C ity P in * . A G .M ay
7*2,241
1 2 ,7 5 4
7 2 2 ,8 2 5
2 8 7 ,5 1 2
Jan . 1 t o M ay 31. . . .
2 5 2 ,2 8 0
6 0 ,2 3 7
3 0 ,6 2 0
33,4 75
K eoku k A Vi'ftsFa.b J u u o
7 ,7 3 3
1 0 ,9 0 8
184 ,57 7
2 0 0 ,9 1 8
J a n . 1 to J u n e 3 0 . . .
4 0 ,8 3 5
8 0 .2 9 9
1 .372
3 ,7 8 0
L . E rie AD, A s o . a . .J u n o
d a f.2 1 6
d e f.1 1 4
3 4 ,3 0 9
3 0 .5 4 0
J a n . 1 to J u n e 3 0 ___
4 ,2 0 2
1 ,4 9 8
2 9 3 ,1 7 9
2 9 0 ,0 7 8
L ake E rie A W e s t.b . Ju n e
1 1 1 ,8 4 6
1 1 9 ,93 3
J an . I to J a n e 3 0 . . . . 1 ,6 3 5,74 8 1 ,6 9 9 ,4 3 5
63 7,890
7 1 8 ,4 5 3
L ik e Sh. & Ml eh. H o.—
J an . 1 to J u n o 3 0 . . . . 9 ,6 1 9 ,2 1 4 1 0 ,1 * 2 5 ,8 9 0 3 ,1 7 4 ,0 3 9 3 ,1 9 0 ,0 5 2
L ehigh A H u d s o n .b —
7 8 ,4 6 9
9 1 .7 5 *
A p r. 1 to J a n e 3 0 . . . ;
3 5 ,9 6 0
4 3 ,6 5 8
1 5 1 ,0 9 6
1 7 6 ,6 1 0
0 4 ,5 2 2
Jan . 1 to Ju n o 3 o ___
7 5 .5 1 5
2 1 4 ,7 0 1
L ehigh V a lle y IIK J u n e 1 ,4 1 8 .1 8 6 1 ,1 4 6 ,9 2 1
2 2 3 ,6 8 2
D o c. I to J a n e 3 0 ___ 9,003,86*2 1 0,0 7 7 ,1 8 3 1 ,7 5 1 ,2 9 9 1 ,7 1 5 ,5 2 1
L ehigh V aU 'o i i C o.J an o
D eo. 1. to J u n e 3 0 . . . .
L e x in g to n A E a.sF n.Juue
> J an . 1 to J u n e 3 1 . . ..
IjjB ii Iaitm d b —
A pr. I to J a n e 3 0 . . . .
J a n , l to J u n e 3 0 ___
tss ifcf.H e a d .. A ALL. J uly
J a a . 1 to J u ly 3 1 ___
1 ,2 3 3 ,5 2 0
7 ,8 3 7 ,8 3 8
18,849
1 0 4 ,8 1 2
1 ,4 3 2 ,0 5 5 d e f.3 ,0 7 4 d er.16 ,5 2 1
8 ,4 5 0 ,3 7 4 01.2 91 ,4 3 0 6 1 .0 18 ,0 0 0
19,655
7 .1 5 2
1 .9 9 8
3 4 ,1 1 5
1 07 ,16 0
3 3 ,1 8 9
1 ,0 4 0 ,4 47
1,6 6 0,94 2
43.1 33
2 5 5 ,3 3 2
1 ,0 3 4,02 8
1 ,6 8 5 ,2 1 0
4 2 ,3 8 8
2 6 2 .1 0 3
3 3 0 .0 8 4
3 3 1 ,4 1 1
11,361
5 0 ,3 8 8
5 0 0 ,0 0 0
Loatav. A N ashv . b . June 1,61 <.999 1 ,8 4 8 ,3 8 7
] ,;>■> f> ,,,,, cl,:.,
J uly 1 to J u n o 3 0 ___ 9 ,7 6 8 .7 3 8 a
J uly 1 to J u n e 3 0 ...2 0 ,3 6 1 .6 5 6 S t u g o W u e[52e!*222
3 ,3 4 0 d o f . l 202
M aoon A R lr t n lt s « ..-J a n e
3 ,6 7 2
J a n , 1 to J u n e 3 0 ___
2 3 ,1 3 0 d e l. 11,5 96
2 8 ,1 1 7
0 4 ,7 2 2 tint. 18,0 70
J u ly 1 to Jau n 3 ) . .
81,9 71
M an istiu u e.................. J u ly
15,8 79
1 3 ,5 3 3
6 ,6 2 4
Jan. 1 to J u l y 3 1 . . . .
7 8 ,1 9 7
7 9 .6 3 3
26,0 31
M em phis A O h a -'n .M ay
1 1 0 ,78 7
3 0 .9 0 2
2 0 ,9 4 0
J ail. 1 to M ay .11. . . .
5 2 4 ,8 * 2
5 0 1 .1 9 2
9 1 ,8 3 2
J u ly 1 to M ay 3 1 ........ 1 ,2 5 4 ,1 5 2 1 ,2 5 6 ,6 4 5
3 1 3 ,90 1
M e x ica n C e n t r a l....J u n e 1 ,0 8 0 ,8 0 5
7 3 6 ,9 0 0
3 1 5 ,7 2 5
J a a . 1 to J u n e 3 0 . . . . 6 .5 6 7 ,7 5 3 4 ,8 3 5 ,7 8 7 2 ,1 9 1 ,5 1 7
M ex. I n te rn a tio n a l..,H a y
2 4 0 ,8 6 4
2 5 2 ,8 5 8
8 3 ,0 3 0
Jan. 1 to M ly J 1........ 1 ,2 3 3 ,1 2 9 1 ,1 8 6 ,7 2 6
4 8 8 ,7 6 0
M e x ica n N a tio n a l...J u n e
4 7 9 .6 4 9
3 8 2 ,7 6 6
C 223.247
J a a . 1 to J a u « 3 o . „ . 2 ,9 8 9 ,0 2 1 2 ,3 9 9 ,3 8 6 e l , *110,725 c
M e x ica n N o r th e r n . . . M ay
18,715
2 7 1 ,7 1 9
J a a . 1 to M ay 3 1 ........
5 6 8 ,08 8
J u ly 1 t o M ay 3 1 ----- M ich . C ent. A C an. S o .—
Jan , 1 to J u n e 3 0 ___ 6 ,5 5 4 ,0 0 0
M inn, * 8 t. L o a tg .a .J a n e
1 9 4 ,5 0 7
9 0 9 .3 4 9
Jan, 1 t o J u u e 3 0 . . . .
3 ,0 0 6.50 1
J a ly 1 t o J u n e 3 0 —
3 1 2 ,6 6 1
M lim .S t.lV t 5.St* M .J u n o
J » n . 1 to J u n o 3 0 ___ 1 ,5 9 3,23 7
2 2 ,7 5 7
M ob ile A B irm ’ gh’ in.Jim n
1 50 ,62 7
Jan . 1 t o J u n e 3 0 —
M ob ile A O h io —
J an . 1 to J un e 3 0 —
1 ,8 7 7 ,8 3 0
J u ly l to Ju n e 3 0 . . . 3 ,8 6 7,85 8
1 02,801
M on terey A M e x .O ‘ f.J u n o
6 8 2 ,3 1 2
J a n . 1 to J u n o 3 0 —
N tw h.Ch, A 8 t, L . b .J u ly
4 8 0 ,27 7
J a n . 1 to J u ly 3 1 ........ 3 ,0 3 0,37 3
M elton & F a 8 h e p M ..J u n «
14,3 78
J an , 1 to J u n e 3 0 . . .
7 2 .3 0 7
N eva d a C e n t r a l... ...M a y
3 ,7 7 7
J a a . I to M a y a l .......
1 8 .6 4 3
N ew b. D u tch e ss A C o n n ,—
A p ril It.,I J u n e 3 0 . . .
29,9 31
Jan , 1 to J u n o 3 0 ........
5 8 ,2 0 4
N ew E ngland—
Anr. 1 t c J u n o 3 0 . . . .
1 ,3 7 6 ,2 9 1
Jan . 1 to J u n o 3 0 . . . .
2,500.01*1
4 2 4 .3 1 1
4 4 7 ,0 74
1 4 ,6 9 1
5 8 ,6 1 3
4 7 8 ,5 1 2
3 ,0 6 1 ,0 6 4
6 ,8 8 5 ,5 0 5
d
ef.1,727
d
of.5,412
d e t0 ,3 6 «
7 ,4 2 3
42,177
62,976
d o f.2 ,5 1 7
2 7 5 ,2 3 9
2 5 4 ,5 8 6
1,714,376
87,271
3 8 8 ,3 2 9
C
107.408
l , 0 5 5 ,0 1 9
6 0,9 49
3 1 7 ,6 7 9
6 9 4 ,1 1 0
2 7 ,0 3 1
151 ,77 7
3 0 6 ,5 6 4
3 5 .7 1 0
1 8 4 ,2 5 7
3 7 4 ,1 9 9
6 ,6 2 0 ,0 0 0
1 5 9 ,5 8 7
8 9 7 ,2 7 7
2 ,0 2 8 .2 9 9
1 ,7 4 0,00 0
6 5 ,3 2 2
3 1 4 ,0 0 0
8 0 7 ,3 7 5
1 ,7 1 6 ,0 0 0
6 5 ,7 2 4
3 1 4 ,3 4 5
8 2 4 ,7 4 2
3 5 1 ,4 1 9
1 ,6 9 2 .9 0 9
18,764
1 3 1 ,01 5
1 23 ,80 5
5 7 3 ,2 8 4
2 .3 2 9
2 1 ,9 5 4
1 6 9 ,8 2 4
6 4 1 ,7 1 0
d e f.6 9 9
4 ,4 4 2
1 ,7 2 5 ,2 3 1
3,6 1 9.07 1
9 7 ,5 4 4
5 7 4 ,4 2 8
4 1 3 ,6 6 8
2 ,3 5 7 ,5 6 3
.............
3 ,0 1 9
1 2,3 09
3 4 ,4 0 6
6 5 ,5 1 6
1 ,3 9 0,62 6
2 ,6 3 0 ,4 8 5
5 0 9 ,4 5 2
5 2 8 ,0 6 3
1 ,2 8 3 ,3 9 5 1 ,2 0 3 ,8 6 9
3 5 ,0 6 1
8 8 ,5 8 9
1 8 1 ,0 9 6
3 2 0 ,0 9 0
161 ,94 0
1 8 0 ,6 5 9
9 8 8 ,3 4 8
1 ,0 3 1 ,7 1 0
6 ,4 1 1
8 8 ,5 7 2
801
1,201
893—
2 ,1 1 3
_
7 ,0 7 0 d et. 2 ,6 6 1
9 ,5 3 5
505
4 3 9 ,9 1 8
6 7 0 ,5 1 9
3 7 8 ,1 3 0
6 3 8 ,7 7 1
THE
322
-G ross E a rn in g s.—
1897.
1898.
$
$
Bonds.
N ew Y o r k C entral—
A a r. 1 t o J u n e 3 0 . . . 1 1 , 0 5 5 , 0 0 0 1 0,851,654
J an . 1 to J n u e 3 0 — i11 , 1 3 8 , 4 2 5 !21,136,565
N. Y . C hic. & St. L . b A p r. 1 t o .Tune 3 0 . - . , 1,24 4,253 1 ,311,023
J a n . 1 t o J u u e 3 0 . . . 2 ,5 >5,2J7 2 ,7 6 5 , i l 1
3 6 3 ,3 7 7
3 4 9 ,6 7 2
N Y .O n t . & W est, a J u n e
Jan . 1 to J a n e 3 0 . . . 1,7 >7,637 1,7 3 2,1 S
J n ly 1 t o J a n e 3 0 . . . . 3 ,8 9 4 ,4 0 3 3 ,7 7 9,33 6
N. Y . Phil. Sc N orfolk —
2 5 9 ,9 9 7
233 ,72 8
A p r. 1 to J a n e 3 0 , . . .
4 7 7 ,90 9
J a o , l to J u iie 3 0 . . .
4 3 7 ,4 4 8
N. Y . A R ook . B each,—
53,021
4 4 ,2 9 7
A pr. 1 to Ju n e 3 0 . . . .
64,7 07
5 4,8 74
J au . 1 to J iia© 30 . . .
1 82 ,53 6
182 ,00 9
N. Y , S ob. & Wm% lU.Jim©
J an , l t o J u n o 3 0 . . . 1 ,0 '9 ,20 0 1 ,0 3 1 ,9 4 5
J u ly ! t o J u n e 3 0 , . . . 2 ,2 4 8 ,8 2 3 2 ,2 2 j , 372
9 4 5 ,1 1 4
N o r f o l k * W est'a.a...Tim e - 8 4 2 ,3 0 1
Jan . 1 to J u n e 3 0 ..„ . 5 ,1 2 0 .1 0 1 5 ,6 3 4,24 3
O ct. 1 t o J u u e 3 0 , . . . 7 ,9 1 0,07 5 8 ,4 8 9,19 3
3 ,313
3 ,8 3 3
N o r t h e a s t e r n o f G a ..M u y
25,1 83
2 3 ,8 0 3
J an . 1 to H ay 31. . . .
4 7 2 ,2 7 6
-491,563
N orth ern C entral. b .J u u e
J a a . 1 to J a n e 3 0 . . . 3 ,0 2 6 ,3 9 L 2 ,9 5 5 ,6 2 8
N orth ern Paotflo. ...M a y 1 ,4 7 0 ,0 1 4
J an 1 to May 3 1 ....... 6 .0 8 9 ,5 2 3
S ept. 1 to Slay 3 1 ...... 1 3,5 5 3 ,0 7 6
7 5 .3 8 7
O h io R iv e r , b ............ J u n e
35 : 4 7 2 ,7 5 0
J an . 1 to J u n e 3 0 . . . .
4 2 2 ,3 4 5
3 7 1 ,1 1 3
O r e g o o R R. & N av .J u n e
4 1 7 ,2 2 2
Jan . 1 to J u n e 3 0 . . . . 1 ,9 7 6,49 7 1 ,9 3 0,13 0
J u ly t to J u n e 3 0 , . . . 4,6 9 1,97 8
O regon Short L ine b , Ju n e
588 ,47 9
493 ,30 5
J a n . 1 t o J u n e 3 0 . . . . 2 ,7 0 6,00 5 2 ,5 5 8 ,6 1 2
M a r.16 to Ju n e 3 0 . . . 1 ,7 2 0 ,7 9 7 1 ,6 1 0,36 7
P e n n sy lv a n ia —
L in es d l r e e t l y O p e r a t e d E ast o l P itts OtE.Jnne 5,1 8 5,33 5 5 ,1 0 5 ,5 9 3
Jail, l to June 3 0 ,-2 9 ,5 3 9 ,4 8 3 3 0,3 0 5 ,2 7 5
In c.
7 4 ,0 7 5
W est o f Pitts. <SsS. Ju n e
1)80.1,017,064
J a n . 1 to J u n e 3 0 ..
64,0 93
6 1 ,4 9 7
P e o ria D eo . * E v ___ A p r.
J a n . 1 t o A p r. 3 0 ___
2 7 8 ,9 0 6
2 8 2 ,0 1 6
52.1 49
P e te r s b u r g ..................June
48,9 19
3 11 ,71 2
J an . 1 to June 3 0 ___
3 0 2 ,2 6 5
5 5 9 ,2 9 2
5 8 1 ,1 9 1
J u ly 1 to J u n e 30 . . .
3 7 3 ,55 5
P h ila . & E r ie ......... b . J u n e
369 ,19 8
J an . 1 to J u n e 3 0 ___ 1 ,864,107 1 ,9 1 7 ,8 7 3
P hila. A R e a d in g — Ju n e 1 ,6 7 8 ,8 0 0 1 ,7 7 8 ,2 9 3
J a n . 1 to J u n e 3 0 ___ 9 .4 2 7,25 7 9 ,3 1 6,80 5
Dee. l t o J a n e 30 ...1 1 ,1 3 7 .9 4 3 U , 6 5 4 ,7 0 7
C oal & Iro n Co .....J u n e 1 ,9 7 9,29 0 2,0 5 7,58 9
J an . 1 to J u n e 3 0 . . . . 9 ,0 8 5,65 1 10,3 75 ,9 9 3
D e c . 1 to J u n e 3 0 ..,1 0 ,8 3 8 ,3 5 0 1 2 ,5 9 2 ,3 5 2
T o ta l b o th C o’ s ...J u n e 3 ,5 5 3 ,0 9 0 3 ,8 3 5 ,3 8 2
Jan . 1 to J u n e 3 0 ...1 8 .4 9 2 ,9 0 8 2 0 .1 92 ,7 9 8
D e e l t o J u n e 3 0 ...2 1 ,9 7 4 ,2 9 3 2 4 ,2 4 7 ,0 5 9
R ead in g C om p any .J u n e
...........
.............
D eo. 1 to J u n e 3 0 . . . ............... .............................
T o ta l all Com pan’ s. J u n e
........ ...........................
D e c . 1 to J u n e 3 0 ........................ ..........................
P h il. B ead. A N . Eng. J u n e
T
58,851
0 1,7 83
J a o . 1 to J a a e 3 9 . . . .
2 8 7 ,8 5 7
3 3 7 ,8 i l
6 4 7 ,4 7 4
J u ly 1 to J u n e 3 0 . . . ,
740 5 30
7 5 6 ,51 7
P h ila . W ihn. & B J t.J u n a
7.52,417
N ov. 1 to J u u e 10 . . . 5 ,6 5 0 ,0 5 4 8 ,7 8 9 ,5 5 4
P itts . C h a r t le r s * Y ’ h ’y —
A p r. 1 t o J u n e 3 0 . . .
5 0,7 77
5 7 ,7 3 8
83,991
J an . l 't o J u n e 3 o . . .
8 3 ,1 9 4
Pitta. U. C, & 8t. L . .J u ly 1 ,1 7 1,24 5 1 ,2 4 8 ,5 0 1
J an . 1 t o J u ly 31 —
8 ,0 0 9,41 8 8 ,4 9 8 ,8 9 8
3 ,6 2 7
3 .4 4 L
P itts. L is. & W e st...J u n e
22,836
J a n . i to J u n e 3J . . .
. 2 0,0 03
2 6 4 ,73 8
P itts b u rg & W estern . M ay
2 7 8 ,2 3 3
Jan. 1 to May 3 1 ____ 1,03 >,605 1,1 (7 ,0 2 8
Pltrte. Y ou ngs. * A ..J u n e
1 95 ,0 2
173 ,14 2
6 0 5 ,1 9 4
J a u . 1 to Ju n e 3 0 . . . .
0 0 2 ,1 )8
P ro sp . P k .& C on ey IsL—
A p r. 1 t o J u n e 3 0 ___
39,8 38
37.2 68
4 7 ,2 4 4
.Tan. 1 to J u n e 3 0 ___
4 3 ,3 5 3
6 6 ,1 8 2
R loh , B red . & P o t ...J u n e
’
7 4 ,0 0 7
J an . 1 to Ju n e 3 0 ___
3 7 2 ,3 47
3 3 1 ,08 3
J u ly 1 to J u n e 3 0 . . . .
6 8 0 ,7 6 0
7 3 ),3 d 9
R ich . & P e te rs b u rg . Juue
31,2 54
2 9 ,8 8 8
1 7 8 ,51 9
J a n . 1 to Ju n e 3 0 ___
1 7 8 ,3 *8
J u l y l to J u n e 3 0 . . .
3 3 3 ,20 5
3 5 1 ,3 3 5
35,6 33
B io G r’n d e S outh., b . J une
4 2 ,5 5 3
175,538
J a n . 1 to Ju n e 3 0 . . .
2 1 9 ,6 5 9
J u ly 1 to J u n e 3 0 ___
4 0 4 ,2 2 8
4 9 0 ,6 1 0
207 ,51 3
B io G ra n d e W e s t .b . J u n e
2 55 ,52 8
J an . 1 t o J u n e 3 0 ___ 1 ,1 7 3,99 5 1 ,1 0 8,3 35
J n ly 1 t o J u n e 3 0 ___ 2 ,4 6 3 ,5 0 2 2 ,4 3 7 ,3 5 5
65,6 48
Bt. Joe. & G d , I s l . b ..Tune
4 6 ,6 5 1
5 0 3 ,1 2 4
Jan . 1 to J u n e 3 0 . . . .
283 ,20 5
5 2 4 ,5 4 0
St. L o u i e * 8an F r ..J u n e
4 8 3 .4 8 9
J a n . 1 to J u n e 3 9 ___ 2,8 7 2,39 8 2 ,9 1 0,65 6
J u ly 1 to J u n e > 0___ 5 ,9 9 3 ,3 3 6 6 ,1 6 2 ,0>6
San A n t. * A ran. P ..M a y
1 2 7 ,6 3 2
1 4 4 .85 8
J a n . 1 to M * y 3 1 ........
7 7 7 ,2 5 3
6 7 9 ,25 1
J u ly 1 to M a y 3 1 ------ 2 ,0 7 9 ,4 5 6 1 ,7 6 6 ,1 3 2
8 7,6 84
B an F r. & N . P a o ....,T u ly
7 3 ,1 7 4
4 2 2 ,3 1 3
J a n . 1 to J u ly 3 1 ___
4 1 5 ,4 0 0
B av. Fla. & W est. b ...M a y
2 7 8 ,21 3
2 8 8 .13 3
J an , 1 t o May 3 1 ........ 1*408,321 1 ,4 1 1,97 6
3 ,0 6 0,33 7 3 ,1 1 1 ,0 3 6
S eab oa rd A lr-L tn e .... A pr.
30 3,328
2 7 0 ,8 1 6
3 ,3 3 2 ,1 8 9 3 ,1 2 7,70 3
S llv e r g n . O oala & G ..M a y
2 2,9 15
2 1 ,5 0 4
86,9 25
J an . 1 to M a y 3 1 .......
9 6 ,2 1 5
J u ly 1 to M ay 3 1 ........
1 64 .77 6
1 7 0 ,7 7 4
S ily e r t o n ....................J u n e
6 ,9 4 3
4 ,0 3 1
2.535
South H a v e n & East. J u n e
2 ,6 5 7
J a n , 1 to J u n e 3 0 . . .
1 0 ,7 8 7
9 ,375
CHlvOTSlCLE.
[V ol . LXV,
— .Vet E a rn in g s .—
-G ross E a rn in g s.
1897.
1 896,
1 897.
1 896.
$
$
R oads.
S ou th ern P a cific 4 8 ,9 4 9
1 1 5 ,0 8 5
G al. a . & 3 t u t b - M a y
3 1 7 .9 3 7
3 73 ,77 1
3 ,3 9 6 ,0 3 0 3 .8 '5 ,5 7 1
64 i , 122
3 5 9 ,1 5 1
J an . 1 to M »y 31. . . . 1 ,8 1 0 .5 7 4 2 ,0 1 5 ,5 3 4
7 .1 1 2,14 9 6,370,154
1 8 ,7 2 3
2 5 ,8 7 8
L o lisia n a W est b ..M a y
7 0 ,9 1 1
60, ) 0 >
1 4 1 ,2 6 5
1 7 3 ,2 1 2
213,900
J au . 1 to M ay 31. . . .
4 1 0 . >03
3 7 8 ,8 6
246 ,13 9
412,779
459 ,21 5
6 0 ,7 9 6
1 9 ,5 7 0
M’ g a n ’ s r.a .& T e v .b .M a y
3 9 0 ,1 6 4
3 3 5 ,85 1
5 5 6 ,9 5 0
3 7 5 ,5 6 5
117 ,84 0
J an . 1 to M ay 31........ 2 ,1 0 3 ,3 6 7 1 ,9 8 1 ,7 1 3
92,2 83
423,732
417 ,38 9
3, 70 a
8 ,8 3 8
N. Y . T e r . & VI b ...M a y
2 3 ,3 4 1
1 6 ,9 4 5
1,1 1 3,90 7 1,080,778
1 0 ,5 4 3
1 7 ,9 4 9
J a n . 1 to M ay 3 1. . . .
1 1 6 .7 5 1
81.0 31
3 3 ,4 8 8
2 4 ,7 6 8
T e x a s d s N .O r l.l,...M a y
1 1 8 ,0 5 7
9 7 ,4 0 8
75,876
61,778
2 2 1 ,3 4 7
1 6 8 ,8 1 6
J a u . 1 to May 3 1 , . . . ,
6 3 4 .2 8 5
5 4 0 ,7 4 6
102,125
78,1 93
1 8 0 ,1 1 6
2 2 7 ,6 1 3
A tla n t ic S ysteui.bil M ay 9 1 1 ,5 6 8
8 9 5 ,1 5 9
Jan . l t o May 3 1 ....... 5 ,1 2 3 ,0 6 7 5 ,0 3 8 ,8 9 5 1 ,3 4 4 ,3 9 8 1 ,3 9 4 ,8 6 7
def. 1,356 (lsf.6,623
6 8 9 ,1 5 0
P a cific S y s te m ,b ...M a y 2 ,8 5 1 ,2 3 8 2 ,4 2 9 ,2 6 7 1 ,0 0 9 ,8 7 5
d o t,23.4 12 d e f.3 1,212
J au . 1 to May 31, ...1 2 ,2 2 0 ,8 0 7 12 , 268,0 31 4 ,0 7 3 ,1 7 3 3 ,6 8 0 ,2 8 5
77,619
8 2 ,9 5 2
9 0 4 ,6 2 0
T o ta l a il.b i ..........M ay 3 ,8 0 7 .3 0 7 3 ,5 4 2,024 1 ,1 9 5 ,9 2 9
439,334
4 4 6 .41 6
J an . 1 to May 31. .. .1 8 .8 38,924 1 8 ,3 2 3 ,0 6 4 5 ,5 7 6 , <197 5 ,1 4 7 ,0 5 7
951,421
1,0 1 2,50 3
J u ly 1 to May 3 1 ....... 45,10-2,383 1 6 ,0 1 2 ,1 0 1 1 6 ,9 8 0 ,9 6 4-15,8 6 7,399
201,943
189,154
3 1 6 ,2 0 6
2 * 4 ,1 4 4
S o. Pae. o f O al.b ..M a y
7 8 9 ,2 7 1
7 8 9 ,5 2 2
1 ,368,915 1,116,321
J an . 1 to M a y 3 1. . . . 3 ,7 5 1 ,0 3 7 4 ,0 76,518 1 ,3 5 8,060 1 ,3 2 >,1 8&
2 ,111,291 1,753,998
7 1 ,6 2 4
3 2 .2 1 5
So, Pao. 01 4 r i z .b ..M i y
2 1 2 ,8 3 8
180,0-21
244
743
3 2 8 ,4 5 5
3 01 ,56 4 .
J an . l t o M ay 3 1 ....... 1 ,0 6 2 .3 1 7 1 ,0 )7 ,4 3 3
6,7 67
5,731
6 7 ,6 L4
3 2 ,2 6 1
So. Pac. o f N .M .b -.M a y
1 2 6 .3 7 0
9 6 .7 4 3
87,652
33.119
2 9 1 ,9 7 3
1 8 4 ,3 8 8
J an . l t o M ay 3 1 ........
5 7 6 .0 0 5
5 0 1 ,6 7 1
665,472
8 12,209
4 t,03L
3 s ,5 6 8
N orth ern R y-.b....... M ay
17 2,722
1 6 1 ,8 6 1
4 21 ,86 7
176,2:19
2 o 9 ,9 >3
J a n . 1 to May 3 1 ----7 8 7 ,7 6 1
7 8 7 ,4 1 5
1 ,6 9 6.02 6
3 0 5 ,0 7 8
2 2 7 ,0 4 4
S o u th e rn R a ilw a y .a J u a e 1 ,4 3 2 ,9 3 4 1 ,3 6 2 .9 )0
5 ,2 3 0 ,3 0 7
Jan . 1 to J u n e 3 0 . . . . 0 ,2 t 0 ,9 1 4 8 ,3 2 8 ,1 8 8 2 ,5 v6,9 89 2 ,1 2 6 ,6 2 3 28,961
27,4 30
J u ly 1 to J u n e 3 0 ....1 9 ,0 7 9 .4 )9 1 9 ,2 4 6 .5 5 2 5 ,8 4 6 313 5 ,6 5 8 ,1 2 0
143,393
130 ,31 0
2 4 ,5 3 1
2 7 .4 8 5
5 7 ,6 2 1
4 1 ,7 5 2
125,783 S pok an e F a llB & N o .a iu a e
156 ,03 3
1 5 7 .2 6 7
1 0 9 ,3 LI
J a u . l to J une 3 0 ....*
311044
1 8 7 .3 )0
643 ,51 8
3 0 4 ,7 6 0
J u ly 1 to J a a e 3 0 . . . .
5 6 8 ,0 0 3
3 5 5 ,7 9 5
2 1 4 ,9 6 0
1,9 1 0,43 6
1 ,0 4 3
1 ,8 47
3 ,7 8 9
4 ,1 5 6
245,715 S to n y Cl. & C. M . .b . J u n e
334 ,66 1
J a n . 1 t o .T m e 3j> . . .
9 .8 1 3
1 1 .4 5 9 d ef. 1 501 d e f. 1 ,8 1 4 '
1 ,355,305 1,250.127
1 3 ,1 1 4
J u ly l t o J u u e 30 . . .
3 8 ,3 7 7
4 1 ,9 6 5•
1 3 ,3 8 2
822,379
9 7 0 ,57 0
2 .0 ) 0 d e f.2 5 ,0 3 1
S u m m it B ra n ch e ....M a y
66 319
7 9 ,2 8 2
J a n . 1 to M ay 31. . . .
3 1 3 .3 1 2
4 0 4 ,8 1 5
d e f.9 , '0 > d e f.5 7 .4 8 2
LyK eus V » l. C a u le .M a y
6 7 ,0 4 9
6 1 ,0 8 1
d e f 60
d e f.9 2 0
987,731
1,321,225
J a n . l t o M ay 1 1 , ... .
3 3 1 ,6 4 9
3 7 0 ,6 2 7
1 4 ,3 8 1
2 5 ,3 7 1 .
8,4 3 1,47 5 7 ,512,556
T o ta l b o th e o .’ s e ...M a y
1 3 3 ,3 6 3
1 4 6 ,1 6 3
2 ,0 2 ) d e f.25,9 51
In c. 2 6 2 .22 6
4 ,6 7 6 d e f.3 2 ,1 1 1
J a n . 1 to M a y 3 1 ........
6 6 4 ,5 1 1 . 7 7 5 ,4 4 2
tno, 144,514
11,481 S yr. B in g., N. Y . —
1,088
A p r. 1 t o T u n e 3 0 . . . .
2 0 5 .7 0 3
2 3 1 ,3 3 6
8 9 ,2 8 2
1 0 1 ,9 4 5 5 5 ,9 2 4
81,280
J a n l to J u u e 3 0 . . . .
3 7 3 ,0 1 7
3 9 4 ,6 2 9
1 4 3 ,0 9 4
1 5 5 ,4 4 9
25,255
17,093
S yra cu se Gen. & C orn,—
128,921
154,081
1 9 ,2 3 7
A p r. 1 to fa n e 3 0
1 4 0 ,7 6 7
1 6 2 ,3 5 3
1 6 ,0 3 3
253,625'
2 61,033
J au . 1 to J u n e 3 0 . . . .
2 3 5 ,4 4 0
3 1 2 ,5 6 3
5 8 ,5 3 6
5 3 ,8 0 7
94,384
77,676
1 6 ,3 8 7
1 5 ,9 5 1
461
d e f.3 4 6 477 ,49 6
468,061 T e x a s Jen tra l.............M ay
J ad . 1 to M a y 31. . . .
8 7 .2 ) 0
9 3 .3 1 1
1 1 ,0 3 7 '
6 ,4 7 5
6 3 1 ,3 6 )
739,796
T o le d o & O h lo Cent. b . J ’n e
1 5 ,8 )0
1 1 7 ,85 1
4 4 ,4 2 5
3 7 ,6 4 1
3 ,7 5 9,67 7 3,958,501
J an . l t o J u n e 3 0 . . .
8 2 5 ,6 7 9
8 7 2 ,7 1 1
2 5 8 .6 9 3
2 3 4 ,3 2 7
4,5 4 3,62 4 4,723,917
6 1 7 ,8 4 5
J u ly 1 to J u n e 3 0 ___ 1 ,7 5 0 ,5 6 8 1 ,9 4 4 ,5 0 2
4 6 5 ,7 0 5
<1e£.41,852
61,469
1 3 .8 52
1 6 ,6 7 6
6 9 ,8 0 4
7 6 .9 1 3
d f.5 6 6 ,4 4 8 df.268,u92 r o L P e o r la & W e s t .b .J a ly
Jan . 1 to J u ly 3 1 ........
4 9 0 ,4 9 3
5 5 5 ,9 2 4
1 2 7 ,6 79
1 4 0 ,1 6 2
d f. 618,041 df.505,083
589 ,50 8
804,265 U lste r & D e la w a re —
A p r. 1 to Ume 3 0 ___
1 0 1 ,8 0 8
9 8 ,5 2 2!
2 7 ,7 5 1
3 .L 9 3 .1 2 ) 3,690,409
2 2 ,9 6 7
J a a . 1 to J u n e fO___
1 6 8 ,5 3 5
1 7 1 ,4 6 7
3 9 ,5 7 9
2 9 ,3 1 0
3,8 9 5,58 3 4,218,854
U n ion P a c in o —
34,7 44
34,744
U nion Pao. E ly .b ..J u n e 1 ,2 5 9 ,1 8 8 1 ,1 2 8 ,0 )4
4 2 9 ,9 7 0
4 0 8 ,9 7 8
191,711
1 9 1 ,71 1
J an , 1 to J u n e 3 0 .. 6 ,7 3 3 ,!55 6 ,1 6 1 ,0 8 9 2 ,2 (3, L65 2 ,0 6 9 ,2 84
624,252 . 831,009
C ent. B ranch .b J u n e
3 8 ,7 1 8 .
3 2 .3 2 6
10,6 81
1 3 ,9 5 0
4 ,0 8 7 ,2 9 4 4,410,565
Jan . L to J u n e 3 0 ..
2 6 8 ,8 )1
1 9 3 ,6 8 1
1 1 5 ,5 1 4
7 6 ,1 3 1
19,7 06
20,233
d e f,2 ,2 9 5
< ie f„5 ,0 0 1
96,4 77
92,029
A t /e w .a I w! ^ b Jaa6
3 2 ’ 1' 4 6
2 5 ’ 2 17
197 ,05 2
200,871
Jan . I to J u n e 30
2 0 9 ,7 9 9
1 4 5 .6 4 2
1 5 ,7 7 6 d ^ f.2 1 ,5 3 9
G ran d to ta l . . . . . b .J u n e 1 ,4 5 5 ,8 4 7 1 ,2 )6 ,2 3 4
162 1 85
4 5 6 ,8 1 8
4 2 3 ,1 5 5 D O ,03>
Jan . 1 t o J u u e 3 J .. 8 ,0 0 1 ,4 9 2 7 ,1 3 0 ,> 8 5 2 ,6 )8 .3 2 7 2 ,2 2 6,5 3 3
1 ,3 9 0 ,7 6 0 1,262,060
U n. P. D .& G u lf b .J u n e
2 7 0 ,5 ) 4
2 6 1 ,3 1 2
3 1 ,9 6 9
4 3 ,3 8 3 i
Jaa . 1 to J u n e 3 0 , . . . 1 ,5 8 1 ,2 0 1 1 ,4 6 2 ,2 3 2
22,1 53
4 0 3 ,3 7 9
31,159
2 1 0 ,3 0 8
34,7 52
46,395 V e r m o n t V a lle y A p r. L to Ju n e 3 ) . . . .
4 6 ,9 2 0
5 0 ,9 3 7
382 ,20 5
2 ,8 6 ) d e f .1 0 ,3 9 2
415,839
J a n . 1 to Tuna 30 . . .
8 ) ,3 8 3
9 8 ,6 2 9
2 ,1 9 5,11 8 2,049,765
1 7 ,4 8 3
2 2 ,3 6 5
712
W a b a s h .b ....................J u n e
9 4 8 ,5 7 7
9 7 9 ,5 5 5 2 9 6 ,7 9 7
2 0 4 ,3 6 5
362
J a o . 1 to J u n e 3 o .._ . 5 ,3 )2 ,3 6 5 5 ,8 2 9 ,2 5 0 1 1 ,6 4 1 ,5 2 4 1 ,4 1 6 ,9 7 1
6 .964 def. 4,5 28
J n ly 1 to J u n e 3 0 ,...1 1 ,5 2 6 ,4 2 3 1 2 ,8 0 7 ,1 4 2 3 ,5 4 7 ,2 0 3 3 ,5 6 4 ,5 3 7
77,9 38
95,291
2 72,467
3 3 9 ,8 )5 W a b a sh Ohes. & W est’ n —
A p r. 1 C J u n e 3 j . . „
O
1 8 .3 4 4
2 1 ,6 1 4
1 ,1 3 0
6 ,7 5 4
98,752
57,149
J a n . 1 to J u n e 3 0 ___
3 8 ,0 ) 2
4 4 ,7 9 1
6 ,0 3 6
1 7 ,5 7 3
2 20 ,34 8
2 1 7 ,52 4
W aoo & N o rth w ’ n ...J u n e
1 2 .1 3 6
3 ,6 9 7
1 3 ,0 0 8
3 ,0 3 0
d ef.2 3 7 def.10,363
Jan. 1 to June 30 . . .
9 7 ,5 1 9
1 0 4 ,2 9 6 i
3 3 ,4 5 4
3 9 ,2 8 7
d ef. 3*1 d ef,26,173
W. J e rs e y & Seash’ e.Tuue
2 2 5 ,2 8 5
2 1 6 ,1 4 2
4 8 878
5 6 ,6 4 7
5,812
def,79
J a n . 1 to J u n e 3 0 ___ 1 ,0 2 7 ,1 2 8 1 ,0 6 9 ,1 9 2
1 7 5 ,1 3 0
1 1 8 ,1 3 3
1 22 ,0 *3
108,533
2 2 3 ,45 1
242,669 W est’ n o f A la b a m a .J u n e
1 3 ,2 1 4
4 3 ,4 8 4
3 9 ,7 1 0
1 4 ,1 8 0
J an . 1 t o J u u e 3 0 ___
3 ) 0 ,6 5 3
2 5 7 ,2 4 7
1 1 5 ,5 )4
8 0 ,1 0 2
1 2 .0 6 4
5,616
J u ly 1 to Ju u e 3 0 . . . .
6 3 6 .5 3 4
5 7 9 ,3 )1
2 5 8 ,0 5 9
2 1 1 ,9 6 4
63,221
47,391
1 0 5 ,72 8
9 8 ,2 1 7
9 3 ,1 5 5
2 7 ,3 4 3
102,772 W est V a. C ent. & P ...M a y
3 0 ,9 1 2
J an . l t o M ay 3 1 ____
4 5 5 , >72
4 73 ,3 75
13 7,122
1 5 4 ,4 6 9
14,721
14,553
J u ly 1 t o M ay 3 1 ....... 1 ,0 4 3 ,0 5 1 1 ,0 8 9 ,3 2 9
3 3 4 ,9 3 3
3 7 3 ,e 9 5 6 7,480
81,018
174,439
3 3 ,8 2 1
3 6 ,8 8 8
235,603 W .Y ir g in ia * P ittab..M ay
1 5 ,7 6 2
1 9 ,0 2 8
J an . l t o J u n e 3 ) . . . .
1 5 1 ,7 8 6
151,7,50
6 7 .5 ) 4
8 0 ,3 5 5
1 14,692
73,710
J u ly 1 t o Ju n e 3 0 . . .
3 5 0 ,9 0 2
3 6 5 ,3 5 6
1 7 6 ,1 5 1
2 0 8 ,2 7 1
4 23 ,*21
383,353
863 ,96 0
2 2 8 ,2 7 2
2 5 6 ,5 3 1
957 ,96 0 W e st,N .Y .& P e n n . b .J u n e
5 1 ,7 3 7
1 0 7 ,5 1 2
J a n , 1 to Ju u e 3 0 . . . . 1 ,2 8 3 ,6 3 6 1 ,3 6 5 ,5 1 3
2 7 9 ,6 2 )
4 2 9 ,2 3 2
9.091
8,082
J u ly l t o J u u e 3 0 . . . . 2 ,9 5 4 ,7 7 4 3 ,1 8 6 ,0 3 1
9 1 1 .8 2 3
9 5 2 , L20
172 .92 5
44,057
3 3 5 ,6 8 7
8 5 ,1 9 0
6 1 ,3 3 4
138,812
164,888 W isco n sin C e n tra l.b .M a y 3 2 9 ,2 0 9
J a m L to M ay 31........ 1,571,-394 1 .6 2 L .3 93
4 7 2 ,4 2 6
4 0 3 ,5 0 2 .
1,098.3L 2 1,05-2,886
J uly l t o M ay 3 1 ........ 3 ,8 0 5 ,9 9 1 3 ,3 0 6 .3 3 1 1 ,2 7 2 ,2 1 2 1 ,2 7 9 ,6 3 2
2,5 0 9,70 8 2,416,508
5 ,8 2 6
5 ,0 4 5
1 ,178
d e f .2 6 5
9,528
10,798 W rlg h tsv . is T e n n ._ J u a e
J an , 1 to J u u e 3 0 . . . .
3 8 ,9 3 5
4 4 ,7 6 8
9 ,9 0 )
1 3 ,0 1 5
124 ,75 9
130,850
J u ly 1 to J u n e .30 . . .
8 7 ,1 3 0
9 2 ,2 3 3
3 1 ,1 7 8
3 5 ,0 1 2
665 ,95 5
520,086
Y o rk S o u t h e r n ___..T u n e
5 ,2 3 1
5 ,5 2 9
1 ,4 1 6
2 ,1 8 0
4 2,2 66
31,088
J au , 1 C J u u e 3 0 . . .
O
3 1 ,0 5 7
3 0 ,3 7 5
9 ,2 1 4
8 ,1 5 7
126,348
103,509
88,935
70,571
a N et ea rn in g s h e re g iv e n a re a fte r d e d u c tin g ta x e s,
3 86 ,84 8
346,021
b Net ea rn in g s here g iv e n a re b e fo r e d e d u o tiu g ta x e s,
8 12 ,97 7
791,981
c D e d u ctin g o th e r e x p e n d itu r e s f o r repalrs,repl.aoem .euts an d g e n e r a l .
73,2 59
59,152 e x p e n se s , n e t In com e a p p lica b le to in te re s t o a b o n d s In J u n e w a s
973 ,27 2
945,476 $ 9 7 ,8 5 1 , a ga in st $ 3 1 ,7 5 0 la st y e a r, a n d fr o m J a n u a ry 1 to J u u e 30.
1 5 ,2 2 0
15,314 $ 7 6 5 ,5 2 L, a g a in st $ 58 9 ,8 9 6 . T h is is th e re s u lt in M ex loan d o lla rs
49,8 58
57,075 tre a te d (a o o o rd lu g to th e c o m p a n y ’ s m e th o d o f k e e p in g Its a ooou u ts)
8 5 ,3 9 0
84,593 as e q u iv a le n t to 3 0 o e n t s iu U n ited S ta tes m o n e y —ch at is, a ll d e p r e c i
ation b e y o n d 2 0 per c e n t has a lre a d y b een a llo w e d fo r .
4,007
1,912
d. H e a v y e x p e n se s f o r M ay d ue to in cr e a s e d e x p e n d itu r e s o a e q u ip
701
def.2,326 m en t i a a n ticip a tio n o f In creased fa ll b u sia ess, .
d ef,8 0 0 dof.5 ,2 1 1
e R esu lts o f c o a l m in in g o p e ra tio n s onty.
— Net E a rn in gs. —
1 897.
1896.
THE
A u gu st 21,
(J H R 0 N 1 C L K
t F i n n s a rc J ir e o e x c lu s iv e o f resu lts o n O re g o n R a ilw a y &
N a v lr a tio o , O regon S h -r t Lina & U tah S a r th 'n , 3fc Jos. 4 G r . Isla n d ,
U n io n P aelfle D e n v e r ,c G u lf, F o r t W orth & D en ver C ity , L e a v e n w o rth
T o p e k a .V S ou th w estern , M on ta n a U n ion and K ansas C ity < s Om aha.
£
o' A fte r a llo w in g s r o th e r in e un e r e c e iv e d , to ta l n e t fo r J u n e w „ s
'
* 1 9 ,5 0 5 . against $ 3 5 ,1 0 5 , and Irotn J u ly 1 to J u n e 3 0 $ 5 5 9 ,1 6 «,
a g a in s t $ 5 2 3 ,8 7 1 .
.
.
,,
h in clu d e s ao e x c e p tio n a l a m ou n t o f B U soslU a eou s in c o m e rece iv e d
U n c l a d - - besides A tla n tis System tiro H o u s to n * 4 'e x w C en tra l,
A u stin JS V orth w estern , C en tra l Texas * X .rth w eela ru and Ft. W >rtu
A Meiv O rleans,
.
,
,
,
1 fa ctn d e * • M oa eo B u rlin g ton A N o rth ern f o r b o th y ea rs
f p >r June. is b T , ta x e s and re n te s a m ou n ted t o $ 1 3 5 ,6 7 6 , a ga in st
$ 1 5 7 ,1 8 0 , s a d from J u ly I to iu u e 3 0, 1397. $ 1 ,8 7 7 ,9 8 4 , a ga in st
$!,>• b.,s01'. a fte r d ed u ctin g w h ich net f o r J u n e, 1897, w as $ 2 6 3 ,9 9 2 ,
a g a in st # 2 ? 1 ,« 2 3 , an d from J u ly 1 to J a n e 3 0 , 1 89 7 , $ 5 ,8 7 8 ,0 5 7 ,
a g a in s t S t ,9 9 7 ,5 1 3 ,
,
. ,
t St. L ou is A lto n Jr T erre t l i a t e in clu d e d i a all p eriod s, e x c e p t th a t
o r th e ih ree m o irn i fro n J u ly 1 to d e p te m b e r 3 0 th a t roa d ’ s re su lts
a t e n o t in clu d ed fo r 1995.
, ,
i R u n t* .n i til) m y F lo rid * A X o r fh a rn a re I n o la d e l o n ly fo r J u ly
a n d A u e n s t. 1 89 5 .
t In clu d in g in co m e fr o m fe r r ie s , .to .
M is ce lla n e o u s C om p a n ies.
- Gross E a rn in g s.-----. ------ Net E a rn ing*.----- 1897.
1 89 6 .
1897.
1 89 6 .
$
$
•
■
?
$
E l. BL 11L C o., B k lrn .J ttly
6 5 ,6 8 8
5 7 ,6 2 6
2 8 ,7 6 3
2 2 ,7 1 6
Ian. I to J u ly 3 1 . . . .
4 8 8 ,3 9 6
4 6 1 ,8 1 1
2 1 9 ,2 1 3
1 91 ,65 3
B dls »0E l.tU > J..N . Y .J u l y
1 6 3 ,45 3
156.891
5 9 ,0 3 5
57,271
.fan. I to J I... 3 1 . . . 1 ,8 3 1 .2 2 0 1 .2 6 2 ,7 9 9
6 3 4 .7 4 9
5 4 1 ,8 0 4
E d ) - - K i.n .C o.3 t.L .r u iy
........
17J48
’2 0 ,7 3 1
J an . 1 to J u ly 3 1 .........................
1 0 3 ,6 3 5
1 9 3 ,7 3 1
O -a n d R au .G »s ’ .C o . J uly
..........
5 ,9 5 9
6 ,1 9 6
J a n . I to J u ly 3 1 ..................................................
6 9 .7 5 1
6 3 .1 2 7
L a o t»d «O a a -D . t o .. J a ly
................................
5 3 ,9 0 0
4 5 .0 1 1
l ta . I to J u ly 31 .............................................
4 5 4 ,0 1 1
4 0 9 ,0 6 8
M e x ica n T e le p h o n e . J u n e
1 0 ,6 5 8
1 0 .0 6 6
4 .1 3 2
2 .1 0 7
M : f . l t , J in - S> . . .
4 2 ,1 1 4
1 0 ,3 9 0
1 5 ,4 7 1
1 0 ,5 0 9
O r e g o n I m p . C o__ _ lo n e
3 1 1 ,9 4 9
2 7 3 ,8 1 6
0 4 ,0 5 8
18,6 14
fa n . 1 t o J u n e 3 0 . . . 1 ,0 *3 ,5 3 7
1 ,5 8 7 ,2 4 1
2 2 8 .1 0 4
9 8 .3 8 7
D ee. I to J u n e 3 0 . . . 1 .3 9 5 ,5 1 3
1 .3 2 7 .3 6 9
2 6 6 .8 5 2
9 3 ,9 7 9
P aerne M a i l . ........ .J u n o
3 )3 ,1 3 2
3 3 2 ,0 5 4
6 0 ,5 0 3
9 2 .9 7 4
J * o . I to June 3 0 . . . 2 ,2 » 4 ,1 3 J
1 ,9 9 0 ,1 6 8
5 9 9 ,0 2 1
3 2 7 ,1 1 4
41 ty 1 to J u s - 3 0 . . .
7 4 1 ,31 1
0 7 3 ,7 0 3
1 8 9 .2 1 2
1 2 3 .6 5 5
S t. P a n lO s * * L t.C o ...J a ly
........
1 6.3 00
1 2 ,0 5 9
J an . 1 to Jury 3 1 ...................................................
1 4 4 ,4 4 5
1 2 6 ,9 7 2
T e n n , C oal I . * R K ..J u ly
............
38.78*1
5 4 ,6 1 0
J an . 1 to J u ly 3 1 , ..................
3 0 3 ,7 9 0
5 1 4 ,3 2 3
Wm%**.ra Q m C®.—
W
l w
m
k
m
•••«.*«•
2 3 ,6 7 3
2 4 ,5 1 4
i n a . 1 t o 3 a ljr 3 i
2 2 6 ,0 8 2
In te re s t € ta rg e s a n ! S i r p h H —-The fo llo w in g roads, in
a d d itio n ta th e ir gross a i l net ea rn in g s giv en in thu fo r e
g o n g , also rep ort c h t r g - s f »r in ter* it,
w ith th e su rp lu s
o r d e iioit a b o v e o r b e lo w t i m e ch a rges.
,
1nt., ren ta ls, t ic .----->—B a it or Y ef K trn 's. —
1397
1 39 8 .
1898.
Roads.
*
6
*
4.519
9 ,2 1 5
1**37
R u ff lie A S u w o a h ’ a J u n e
12.669
7 0 ,0 4 8
1 5 2 ,4 0 4
1 40,999
1 4 2 .7 1 1
J u ly 1 to J u n e 3 0 . . .
6 1,3 81 d a f .7 3 3 9 0
$ 9 0 ,0 0 0
8 3 1 .1 0 7
Ohio. B ari,A i n n e r J u n e
8 3 8 .8 * 5 d f.2 0 9 ,5 0 2
Jan . 1 to Ju n e JO . . . 5 .3 1 0 .0 0 0 5 ,2 4 0 ,0 1 2
J u ly 1 t<» J u n e 3 0 . . . . 10.6 20 ,0 0 1 1 0 ,5 2 4 ,3 0 3 3 ,7 0 2 ,2 7 0 2 .4 4 3 ,4 0 4
O hio. A E ast I llin o is .~
*5 10 ,60 9
*4 1 1 ,1 6 9
J u iy 1 to May 3 t ----- - 1 ,3 0 7 ,8 5 7 l . *73,9:12
3 4 ,0 9 4 d e f.lT .O ta d * t 2 1 ,7 8 9
3 4 ,4 0 9
O hlc. A W. .Wish. ...J an e
2 0 7 ,0 9 5
J a n . 1 to J u n e 3 0 . . .
2 0 3 ,2 J l* d « r .7 1 .3 0 3 * d f. 1 01,003
d »f.6 ,9 0 7
Chur. Olein. & G i l t J a n e
1 9 ,0 0 0
4 8 .0 5 4
1 5 2 .0 0 0
S o r . 1 to J u n e 3 0 „ .
3 ,1 9 9
2 1 9 ,3 2 4
d e f.9 3 9
2 4 0 ,4 7 5
O lev -C lo-C h . A SL L..M *y
5 0 0 ,1 8 9
2 ,5 3 1 .3 0 1 2 ,6 0 2 .3 4 9
3 9 0 .3 3 *
J u ly 1 t o M ay 31
3 6 ,9 0 2 d ef, 16.3 32 <1*111,542
3 6,8 02
Peortnife E astern . 'l a y
4 0 4 .3 1 0 081.84 ,7 0 5
2 0 ,0 3 5
4 0 4 .3 1 8
J u ly 1 to M ay 31.
7 0 ,2 9 2
73,8 36
3 0 1 .1 1 7
2 0 3 .4 7 0
D e n v e r * R io G ride June
8 3 4 ,9 3 9
5 0 4 ,4 9 6
J u ly 1 to J u n e 3 0 . . . 2 ,3 0 5 ,5 3 2 2 ,3 6 7 ,1 4 7
D id. G tLttap.A W e s t .—
119,633 iic f.3 4 ,1 0 0
1 2 0 ,34 0
J a n . 1 to J u n o 3 0 . . . .
1 2 1 ,1 3 4
4 10
5 3 ,4 5 4
3 ,4 3 0
5 1 ,4 0 3
F lin t A Peru M a ra .. J u n e
d o f. 3 ,0 2 0
18.337
3 0 7 ,2 4 4
3 1 9 ,0 0 9
J a a . 1 to J u n e 3 0 , . . .
10,53 4
10.1 27
” 2,095 *d ef.3 ,4 1 7
K anaw h a * M io b ... J u n e
123,0*50
1 22 ,02 9 * d c f.3 .l4 8 • d er.o .v o t
J u ly 1 to J u n e 3 0 . . .
121,093
120,015 d n f.5,35 5 d e f. 13,5 99
K a n . O, n . 8. & M ... M »y
6 8 ,3 1 0
27,8 90
J u ly l to M a y 31. . . . 1 ,2 9 4 ,4 4 1 1 ,2 7 2 .9 7 3
10,9 47
63 d e f. 1,001
10,507
K a n . O. M ein. A R ir ,.M * y
0 3 ,9 1 0
1 37 ,59 9
1 7 4 ,3 0 8
1 5 9 ,2 0 9
J u ly 1 to M a y 3 1 ,...
02,3 39
00.2 33
3 7 ,3 9 4
5 1 ,0 1 8
It. E rie A W e s f n ------tune
3 7 1 ,3 5 8
3 47,095
2 7 8 ,8 3 2
3 3 9 ,0 4 4
Jan . 1 to Ju n e 3 0 . ..,
3 3 ,9 3 9
124,981
5 4 ,35k
Sfa.4hv.Chat. * St. I. J u iy
128,301
P h ila d e lp h ia A R e a d in g 3 7 ,7 * 9
9 0 6 ,2 5 0 rlf. 150,749
A ll co m p a n ies ...J u n e
7 7 5 ,0 9 0
3 ,4 2 5 ,0 0 0 5 .0 4 3 ,7 4 8 0f.l3377O <! df. 1233183
D e o . 1 t o J u n e 30
1 5 9 .1 7 0
1 5 5 ,0 5 9
2 2 7 ,1 4 6
2 5 6 ,4 1 9
P itts. C. C. A St. L .. J u ly
1 3 9 ,2 3 0
353 210
J an . i to J u ly 3 1 . . . . 1,8 4 1,90 8 1 ,9 1 6 ,3 2 9
*451
14,099
14,10*,
'5 5 9
RlO G r a n d - 8 o a t h ... lu o ♦ 00,706
J u ly l to J u n e 30
169 ,89 7
*3.47 L
1 7 0 ,9 6 9
11,984
2 3 ,2 0 2
19,001
19,104
S a n F ran. A Jfo. P ae. J u ly
6 ,7 3 6
4 7 ,8 8 4 d e r.1 0 .9 fll
47,777
Teem. C oal I. A R B ..Ju',y
1 7 9 ,1 4 0
3 1 4 ,4 3 9
3 3 5 ,1 8 8 d e f.3 0 .‘J 49
Jan . 1 t o J u ly 3 1 ----•4.300
*d f,7 4 *
T o l e d o * O .C e n t — Ju n e
40,331
3 3 ,6 9 9
*157 .91 5
*6.437
4 5 7 ,4 7 6
4 6 9 ,5 0 2
J u ly t to J u n o 30 . . .
d ef. ,293
2 1 ,9 7 3 d o t.8 ,7 41
T o t. P e oria A tv’ c i J a ly
2 2 ,3 7 3
* A lt e r a lto w m * t a t o t h o r In com e reel'd ved
• A fte r illfiw in * fo r m t»r.i*r re c e iv e d , a m —in lin * t o S 1,332.
; A fte r allow M w fo r In tercet p a id , a m o u n tin g to 4 46 3 .
S T R E E T R A IL W A Y S AND TRACTION' C O K P A N T E S
T ha fo lio w in g table sh ow s th e grm * e a ra ia g s for th e latest
p erio J o f a ll s tr e e t railw ays fr o m w h ich w e are a b le to o b
ta in w — k iy o r m o n th ly returns. The a rra n g em en t o f the
ta b le is th e M ine as th a t for th e stea m r o a d s —th a t is, the
ftrst tw o co lu m n s o f figures, g iv e th e gross ea rn in gs fo r the
latest w eek o r m o n th , aa<l th e last tw o colu m n * th e ea rn in gs
fo r th e ca len d a r yea r from J a n u a ry 1 to a ml in c lu d in g suoh
la te s t w eek o r m onth.
STREET
62 6
R A IL W A Y S
AND
T R A C T IO N
Latest Gross E a rn in g s.
GK03S
E a r n in g s .
I Week i rJ/oi 1897.
1896.
C O M P A N IE S .
Jan. I t o L atest D a te.
1 89 7 .
1 89 6 .
$
i
$
$
A kron B e d f'd & C loy. J u ly ........... ' 12,625
5 4 ,8 7 6
11,7 26
5 2 ,7 9 0
M a y ........... s 4,2 >9
A m sterdam St R v .
4 .395 j
18,2 68
1 8 ,8 6 0
A nderson £1 St. R y ., M a v .
21,1 89
4 ,3 6 2 !
A tla n ta R a ilw a y . . . J u ly .
9 ,0 5 9
"a.isTi 5 0 ,0 5 3
'io'sol
t 2 3 ,8 2 c 121,399
B altim ore T r a c t io n .. J u n e
6 1 0 ,3 2 2
5 9 3 .8 9 4
B it h S t Ky. (Mume) J u ly .
2 ,5 4 2
2,34b
11,2 59
11,583
S ay Cities C on sol . . . J u ly
9 ,0 9 4 -----------11,5001
1 2 ,7 7 6 1 2 ,9 8 7 !
J u n o ........
S ingh uriutn 8 t, By.
31,7 41 35,741
B rid ge p o rt T ra o tio u . J u l y ..........
1 7 9 .29 0
1 8 5 ,2 -9
B rock ton C on , St. Ry. June.......; 29,872 2 9 ,8 3 6
151 ,28 3
1 4 2 ,0 6 6
B r'S iyn Rap, T r .C o .—
B ro o k ly n H e ig h ts .. J u l y ............i4 2 1 ,2 9 1 13 3.190! 2 ,6 4 7.74 4 >632,460
4 2 2 ,9 0 0
Br’ k lvu Qu’ nsJt Sub. J u l y ........... 03,231 8 0 ,2 5 3
4 10 ,05 3
T otal fo r s y s te m .. J u l y ........... 1
489,5*22 5 0 2 ,4 4 3 3,070,64413 ,042,513
Buffalo R a ilw a y .. . . . J u n e -------- ------------ ------------6 3 8 ,3 5 4
6 40 ,50 9
Chester T ra otiou ( Pa i M a rch ....... ; 1 3 ,5 1 0 ’ i s , 7 3 i
-----------38,340!
3 3 ,6 8 3
C ity E le c . iR o m e .O a .),......l................ 2,181
13,014
J u y ............!
1 ,908
11,791
C levelan d E le c t r ic ... J u l y ........... 143,200 155,470
9 * 2 ,8 9 5
9 5 0 ,9 7 9
C love. P am sv ,fc E . J u l y ...........
9,134
IT,8 89
4 5,402
C olum bus Sr- Ry. (O .)lsw w fc A u g 11,879 12,756
3 1 7 ,6 3 9
3 4 4 ,2 7 7
Oouey I s l a n d * B’iy n . J u l y ........... 42,4 14 4 3 ,6 6 9
195,157; 2 0 2 ,3 11
D a n v .a a s E l. L i g h t * '
Street R y ................... J u n e ...........
8 ,2 0 6
7 ,7 3 6
5 0 ,8 3 l!
19,795
D enver O n . T ru m w .. J u n o ........ 62,8 54 6 4 ,6 7 8
3 3 9 ,4 1 7
3 1 9 ,5 0 8
D etroit C itru s ’ St. Ky. 2 d w k A u g 23,6 76 23.784
6 8 3 ,7 8 5
6341982
D etroit K icc. R y ..— J u l y , .......... 3 1 .1 6 7 3 3 ,1 4 0
2 3 4 ,3 6 4
2 5 0 ,2 4 6
DaJasth St. R y _______ J u l y ............. j 18,449
20,727! 1 0 9 ,0 0 3 1 2 5 ,9 5 9
S tic E lec. M o to r G o .. J u l y ........... 1 15,841
17,285
7 8 ,9 3 7
8 8 ,7 4 5
G alveston C ity Ry .. M a rch ----- ; 14,559
44,175,
1 3 ,5 2 8
3 9 ,8 4 5
H erkim er M oh aw k 11
i
i
3,509
ion v F 'k fo rt El. B y. J u n o ..........
2 ,7 9 8 '
2 0 ,3 9 7 :
*21,054
H io sle k R v ............... J u n o ...........
871
835
3,380
4,011
H ouston Klee. St. Ry. J u n e .......... 17,347, 17,838
9 2 ,5 9 5 ;
9 5 ,4 0 3
Interstate C o n so l, o f
.North A t t le b o r o ___ J u l y ............. 13,37
71,2351
69,9 03
...
,
.. .
5 ,077 1 3 ,5 4 "
Kingston C ity .. y ------ J u ly .
R
3 0,3 11
5 ,3 0 0;
30,4 25
Lehigh T ra ch e a . . . . ' J u l y ........... . 10,95 7! 11.611
5 9,7 93 ,
6 9 ,0 4 4
L ondon 9L R y. (0 ,iu ,j. J u l y ........... 10,331 10,036
51,741
44,8X8
las w ell l o w . * H a v ._ J m i « .......... 41,554 39,328
1 9 2 ,47 0
1 8 6 ,3 6 2
M ,,ir«p< K ansas C it y ,.'2dw k A u g .j 3 7,8 01 ! 3 3 ,7 1 ». 1,0 9 3,37 9 .,08 5 ,8 6 7
M etro. W . S ide .f l i l o .i J l i n e ......... 6 6 .4 3 5 '
5 ,2 15
M o tttg o in ry St. R y . J u n e ......... ;
5,466:
•27,013
2 6 ,5 1 *
S treet 8 y . , . ■ u ly . . . . . 129,248 118,372
J
7 6 3 ,3 2 3
7 2 1 ,1 0 9
Ysjsaati Etco. iB 'k iv n i J u ly . . . . . . 2 1 3 .5 0 3 :2 0 3 ,6 3 7 1,0 6 0 .1 4 7
7 4 3 ,8 7 L
YoW burgh E le c t r ic ... J u n e ..........
8 ,3 4 2
7 ,9 7 6
’♦
34,3 63
36.3 85
NVw L o u d o i St. B y .. J u n e ..........
.1,238 5 ,1 8 9
19,935
20,4 94
Y -n -O rle a n s rructiuit J illy ............ 102.253; 114,245; 7 5 0 ,3 2 0
7 9 5 ,9 7 5
S arth Shore fra cth m J u l y . . . ___ 157,201 172,100! 7 8 0 ,17 4
8 0 8 ,37 3
i 'd .* ii - w « v st. R v ... J u i v ...........
2 ,6 3 1
2 ,7 6 9
10,000
10,318
P a law an R y ................. f it ly ............ 3 1 ,0 0 2 3 1 ,4 6 3
1 92 ,25 4
187,603
P iK -t* .F tS u b . id. R y. Janu ........
3,212: 1 ,2 9 8 ’
16,812
8 ,052
PoTtajpule A \V»up.P. J u h ..........
4 ,987: 9,522!
47, ,97
4 8 ,7 6 9
11,0 77 1 0.4 56 !
iti.x .’ h a t H A S >fu J u l y .........
45,1 43
41.531
-IV SGi !>.<•> •:•«
M : v ....... .
7 .113
4,55-i1 31,7 11
3 3,5 25
5,333)
S ch u y U lll V»|. I’ n - J u n - .........
25,5 38
ic r a h t *n & I‘o rb o n d 'e A p ril..........
3,65*1
S cra n ton * P H U tou . 'A i« r i!. . . . . .
4,602
18.384
Meraatoa K M lw a r - . J u l y _____ . ' 3 3 .2 5 1 ' 3 3 ,3 1 9
1 9 8 ,0 9 6
1 95 .09 7
■3-eond A vc. ( P i t c h ,) M a y ____ 85.411
39.1 73 * 2 94 ,53 0
2.97,2 24
2.791
s y ra e iu e E 'st-S i.t-R y J u l y ........
2U)U
3.567
18,536
3 3 ,7 JO 3 7 ,7 7 2
s v ra o a se B ap. T r R y .J J u ly .........
• 49,779
2
2 1 1 ,1 8 4
T *rro H a u te R l’c, R y f M ay........ .
12,833 13,777
8 8,1 24
60,9 51
T hird A v e n u e i.Y. Y.| Jur-* . . . . .
1 ,356.493 1 ,2 9 2 ,9 1 6
t'orontu Ry . . .
. . . . J u l y ........
46,56u 577,033! 3 5 1 ,47 7
1 05,*8
I’ tvlaO K y K *p. T r a o . J im - ....................
170,470 9 2 0 ,5 9 9 9 6 0 .1 6 4
Union (V , B e d f o r d ) ..'J u ly ______ 20.4 73 22.301
122,098
1 33,638
U nited react, I P m v .i J u i y ........... 105,490 104.73*.
977,15.4
9 9 6 ,5 5 9
10>,141
1 10,613
Unit. f » i > . tR e a d in g !i j i d / . .......... 23,414 22.801
•VUtctlebl A S io n - ,, , J u l y ...........
7 ,5 3 3
7,920
3 9,3 27
3 2 ,7 8 3
1 4 2 ,1 7 0
W a 'erb u ry rr .c M o u . J u l y ........... 2 3 ,9 4 9 21,699
138,501
W heeling R a ilw a y . . . -M a y ............ 1 3 ,0 1 ) 10.19)
66,9 41
82,841
W ilkeab. lie Wv v i i i a y j u n c
........ ~ 43,101 2 2 7 ,7 1 0
3J,0l3
__________ ___________
2 3 6 ,4 3 1
* lu c lo t l-s result* on M e n u Sid® rro o tto n C o m p a n y , w h loh w a s le a se d
F eb ru a ry, 1894. to th e S econ d A v «. T ra ctlo u Co.
t Line o p e n e d In J u ly , 1 89 8 , a n d o p e ra te d fo r o n ly a p o rtio n o f that
m o n th .
Street Rail way Net Earnings.—In the following we show
both the gro-uan 1 the net earnings to latest dates of all Jtrset
railway* from which wo have been able to procure monthly
returns. As in the ease of the steam roads, the returns of the
different roads are published by us each week as soon as re
ceived, and once a month (on the third or the fourth Satur
day of the month) we bring all the roads reporting together,
as is done to-day. B-sides the roads making monthly returns
we publish this week those making quarterly returns.
— Gross E a rn in g * .—
Net E a rn in g s .—
1 897,
1896.
1890.
1897.
B on d s,
$
A kron Bed. & C !e v .,.J u ly
12,025
11.7 26
4 ,9 2 9
4 ,0 9 8
Jan . I to J u ly 3 1 ___
13,4 28
54,8 70
3 2 ,7 9 0
A lb a n y (IV. Y j —
1 4 4 ,51 0
1 44,602
67,238
5 0 ,6 0 9
Apr. I to June 3 0 ___
2 6 1 ,33 1
9 8,0 99
8 4 ,0 0 7
J an, 1 t o Ju n o 3 0 . . .
2 0 9 ,9 3 9
1,111
4*209
4,335
A m sterdam 8 fc R y . . . M a y
889
2 ,9 8 7
2 ,4 9 1
18,868
J a a . I to M a y 31. . . .
l$ ,8 8 8
2 ,201
A n d erson E le e .(In d ,),M a y
4 ,3 6 2
2 1 ,1 8 9
10,4 98
J a n . 1 to M ty 3 1 ........
2 ,5 0 7
9 ,0 3 3
1 .5 9 7
8 ,0 4 2
A tlanta H a llw a y .. J u ly
1 2 ,0 4 5
50.80L
1 1 ,8 1 3
Ian. 1 to J u ly 3 1 ___
5 0 ,0 5 8
977
2 .3 1 7
1 ,3 2 0
Bath 9L R y . <M lin e) J u ly
2 ,5 4 2
3 ,5 6 1
2 ,9 9 5
1 1 .2 5 9
11,583
J an . 1 to J u ly a t ..
9*094
1 1 ,5 0 0
4 ,2 9 7
5 ,9 6 8
ftay Gitl>‘ » C on. .St.Ky. July
12,987
3 ,4 8 2
3 ,8 4 3
1 2 ,7 7 6
Rittgtianiton a t, t ty ,.J im 2 3 ,0 3 3
3 0 ,0 1 3
12,7 53
1 4 ,0 4 4
R riilg -p o ri T ra ct’ n .. May
1 19 ,33 9
11,537
50,4 81
Jan . 1 t o M i.v 3 1 .......
u » ,m
2 9 ,8 3 6
2 9 ,8 7 2
3,7*14
1 1 ,4 7 2
B racktonO on.9*. R y J u a c
142,006
3 1 ,8 4 3
5 4,510
15 1 ,2 3 3
J an . X to J u n e 3 0 . . .
B‘ R lyo f i t v ft S e w t o w n —
5 9,9 00
135.018
142,103
0 1 ,0 6 0
Apr, l to J u n o 3 'L . . .
1 1 1 ,1 3 3
2 73 ,92 9
111 ,10 0
J m . 1 to J u u « 3 0 . . .
2 5 0 ,5 4 8
B rook lyn R apid T ra n sit—
B fouklyn H a ig h t)—
5 1 3 ,0 0 7
5 0 9 ,5 0 8
A p r. 1 to J u n o 3 > . . . 1 ,1 7 ',5 5 3 1.101.791
9 2 7 ,3 2 2
8 8 0 ,3 7 9
Jau 1 to J u n e 3 0 ___ '*,139.236 2 .1 0 7 ,0 i t
4,2 72,112 1,771 5 50 1 ,7 0 ) , 136
i .i >*.
THE
3 24
- G r o s s E a r n i n g s . ------ a ,------ N e t E a r n i n g s .— •
1897.
1 8M 6.
1697.
1»9 6 .
$
$
$
$
R oad s.
B ’ k ly n Q u e e n s C o .
A p r. 1 fo J u n e
Jan. 1 to Ju n e
J u ly 1 to J u n e
C H R O N IC L E .
A S u b .—
3 0 ....
1 9 .5 ,1 9 9
3 6 0 ,1 * 2 6
fc O ....
3 0 ....
7 3 0 ,2 7 7
1 9 1 ,2 4 0
3 3 6 .1 4 6
6 8 4 ,9 4 6
9 4 .0 7 0
1 4 1 ,5 8 4
2 9 2 ,7 7 4
6 9 .2 5 6
1 1 5 ,4 4 1
2 3 3 ,8 1 6
3 1 5 ,1 7 8
6 3 8 ,2 5 4
3 1 5 ,8 5 6
6 8 0 ,5 0 9
1 5 3 ,2 5 1
3 0 8 ,8 6 4
1 6 7 ,5 0 3
3 2 9 ,2 1 9
C e n t r a l C r o s s t o w n (N . Y . ) —
A p r . 1 t o J u n e T O ....
1 4 7 ,7 8 3
J a n . 1 t o J u n e 3 0 ____
2 8 2 ,2 3 0
1 1 8 .9 3 2
2 8 3 ,8 4 3
4 4 ,0 0 1
8 1 ,4 6 6
• 1 8,439
8 3 ,6 9 0
C h e s te r (P a .) T r a c t ...M a r .
J a u . 1 t o M a r . 3 1 .........
1 3 ,5 1 9
3 8 ,3 4 0
1 3 .7 3 1
3 8 ,6 8 3
-5 .8 3 4
-1 1 ,1 7 1
-4 ,0 S 0
* 1 2 ,7 8 0
C i t y K ie o . ( R o m e . G a . ) u J u l y
J a n . 1 to J u ly 31 . . . .
2 .1 8 1
1 3 ,0 2 1
1 ,9 0 8
1 1 ,7 9 1
*84
3 ,1 s t
494
2 ,8 6 5
B u f l a l o (N . Y . ) A p r. 1 to J u n e 3 0 . .. .
J tv u . 1 t o J u n e 3 0 . . . .
[VOL. LXV.
a N e t e a r n in g s h e r e gi v e n a r e a ft e r d e d u c t in g t a x e s .
b N e t e a r n in g s h e re g iv e u a re b e fo r e d e d u c t in g ta x e s.
* M e th o d o f r e p o r t in g e x p e n s e s o h u g e d ; e a c ii m o n th n o w b e in g
c h a r g e d w it h its f a il p r o p o r t io n o f a ll e x p e n s e s .
1 N et e a r n in g s a c e a ft e r d e d u c t in g ta x e s a m i d r e a n d a c c id e n t in s u r
anee.
♦ R o a d o p e n e d in J u ly la s t y e a r a n d w a s o p e r a t e d f o r o n ly a p o r
t io n o f t h a t m o n t h .
Interest Charges and Surplus— The following Street
railways, in addition to their gross and net earuings given in
the foregoing, a's> rep >rt charges for interest, &c., with the
surplus or deficit above or below tnose charges.
.
I n i . R e n t a l s , & c. —
1897.
1896.
* r -B a l. o f N et E a m ’g s *
1897.
1896.
S
$
* ,2 5 0
1 ,2 5 7
347
R oa d s.
A t l a n t a K ’ w a y ..............J u l y
* 1 ,2 5 0
D e n v e r O o u .r r a t m v . J in e
J a n . L to J u u e 3 0
1 8 .7 9 6
1 1 1 ,6 6 8
1 7 ,8 8 5
1 0 7 ,1 9 0
7 ,4 3 7
3 0 ,6 0 3
7 ,1 7 4
2 7 ,8 2 8
4 6 ,3 9 2
2 5 7 .3 0 3
5 .5 8 0
2 1 ,5 5 0
5 1 .4 5 7
2 6 6 .8 7 3
P a te r s o n R a ilw a y J u ly . .
J a n . 1 io J u ly 3 L . . . .
9 .0 0 0
6 3 ,9 2 5
8 .8 8 7
6 0 ,3 2 7
7 ,2 2 5
2 1 ,9 9 7
5 , 0 11
1 8 ,9 0 1
1,138
S c l iu v I k ill T r a c t i o n . . M a y
O o t. 1 to M a y 3 1 . . . .
2 ,0 8 3
1 6 ,6 6 7
2 ,0 8 3
1 6 ,6 6 7
d ef 69
6 ,0 5 3
2 ,0 4 4
9 ,8 5 3
5 6 ,1 1 2
3 7 1 ,5 2 1
2 6 ,4 3 3
1 7 4 ,96L
2 9 ,9 1 4
1 8 8 .8 0 5
W a te r n u r y T r a e .O o .. I n ly
J a n . 1 t o J u l y 3 1 ____
3 ,1 1 0
21,612
5 ,2 4 0
2 5 .1 6 8
6 ,6 6 8
.3 8 ,7 4 5
4 ,2 2 4
3 7 ,8 3 9
9 0 .8 0 0
1 5 2 ,7 4 J
9 7 .7 1 3
1 5 3 ,6 4 2
3 1 ,1 0 5
4 0 ,3 5 5
3 4 ,4 0 4
5 1 ,0 9 7
ANNUAL REPO R TS.
C r o s s t o w n S i. K y. (B u ffa lo )—
A p r. L to J u n e 3 0 —
1 1 4 ,8 6 2
Jan . 1 to J u n e 3 0 ....
2 2 1 ,6 2 5
1 2 0 ,3 1 2
2 2 6 ,3 5 1
4 4 ,0 0 9
7 4 ,9 2 2
3 3 ,7 9 0
6 4 ,5 1 0
D a n v . G a s K l . - L .« f e 9 t .R y .J u n e
8 ,2 0 6
J a n . 1 to J u n e 3 0 . . .
5 0 ,8 3 1
7 ,7 3 6
4 8 ,7 9 5
3 ,2 2 0
2 2 ,9 9 3
6 2 .8 5 4
3 3 9 , 4 L7
6 4 ,6 7 8
3 4 9 ,5 0 8
2 6 .2 3 3
1 4 2 ,2 7 1
2 5 .0 5 9
1 3 5 ,0 1 8
Annual Reports—Tbe following is an index to ail annual
reports of steam railroads, sireet railways and miscellaneous
companies wmch have been published since the last editions
of tne Investors’ ani^Street Railway Supple hunts.
This index does not include reports in to-dav’s Chronicle.
1 0 6 ,9 1 4
6 1 7 ,1 3 8
1 0 0 ,5 4 2
5 8 6 .5 6 0
5 7 ,5 5 4
2 9 6 ,5 6 5
43 368
2 3 6 .9 1 9
1 4 0 ,5 7 7
7 9 5 ,5 0 9
C le v e la n d E le c t r ic ..J u n e
Jan . 1 to J u n e 3 0 ....
1 3 9 ,6 1 6
7 7 9 ,6 9 5
C le v . P a in e * v . A E . . J u l y
J a n . 1 to J u ly 3 1 . . . .
9 ,1 8 4
4 5 .4 0 2
,* 1 .8 3 9
C o l u m b u s (O .) S t. K y J u l y
J a n . 1 to J u ly 3 1 . .. .
5 1 ,7 3 5
3 3 5 ,7 6 0
C o n e y I s la n d A B ’k ly n .—
A p r. 1 to Ju n e 3 0 ....
J au 1 to J u n e 3 0 . . .
D e n v e r C o n .T r a m w .. J u u e
J a n . 1 to J u u e 3 0 . . .
D e t r o i t C i l i z e n s 'S t . R y . J u l y
J a n . 1 t o J u ly 3 1 . . .
:
D e tr o it E le o t r io R y . J u l y
J a u . 1 t o J u l y 3 1 .........
3 4 ,4 6 7
2 3 4 ,3 6 4
3 8 ,1 4 0
2 5 0 ,2 4 6
1 0 ,9 3 9
7 4 ,7 6 1
1 2 ,1 8 7
7 5 ,2 7 9
D u lu th S tr e e t R y . ..M a y
1 5 ,8 3 2
1 9 ,6 5 1
7 ,9 3 3
11 783
G a lv e s t o n C it y K y ...M a r .
J a u . 1 t o M a r . 3 1 .........
14*559
4 4 ,1 7 5
1 3 .5 2 8
3 9 ,3 4 5
3 .7 1 8
1 2 ,5 8 7
3 ,7 0 5
1 0 ,4 7 3
H e r k im e r M o h a w k I lio n
* F r a n k . E l. R y - . . J u n e
J a n . 1 to J u u e 3 0 ....
2 ,7 9 8
2 0 ,3 9 7
3 .5 0 9
2 1 ,6 5 4
1 .2 6 1
9 ,9 3 6
1 .7 3 5
1 1 ,1 9 0
I n t e r -S t a t e C o n s o l. S t r e e t
R y . ( N o . A t t l e l ) ) ____l u l y
J a n . 1 t o J u l y 3 1 ____
1 3 ,3 7 2
7 1 ,2 8 5
1 3 ,5 4 8
6 9 ,9 0 3
5 ,2 1 8
1 3 ,9 6 3
4 ,5 9 3
1 2 ,5 0 9
L e h i g h T r a c t i o n .........J u l y
J a n . 1 t o J u l y 3 1 ------
1 0 ,9 5 7
5 9 .7 9 3
1 1 .6 1 1
6 9 ,0 4 4
6 ,3 5 3
2 3 ,4 1 3
6 .1 7 9
3 0 ,4 7 0
L o n d o n S t .R y .(O a n .) J u ly
J a n . 1 t o J u l y 3 1 ____
1 0 ,8 2 1
5 4 ,7 4 1
5 ,1 0 6
1 8 ,9 3 5
4 1 .5 5 4
1 9 2 ,a 7 0
1 0 ,0 3 6
4 8 ,8 1 8
3 9 ,3 2 3
1 8 6 ,3 6 2
5 ,1 6 7
2 0 ,6 5 1
L o w e l l L * w r 'c e « f c H . J u n e
J a n . 1 t o J u n e 3 0 ____
1 4 .5 6 8
6 9 ,8 3 4
1 7 , *5 5
6 7 ,5 3 6
M a n h a t t a n E l. ( N .Y .) —
A p r . 1 t o l u u e 3 0 ------ 2 , 3 3 2 , 7 4 9
J a n . 1 t o J u u e 3 0 ____ 4 , 7 2 0 , 2 5 2
2 ,3 2 1 ,8 1 3
4 ,6 8 4 ,6 2 1
9 7 6 ,2 2 4
2 ,0 2 4 ,7 3 7
9 3 5 .8 )8
1 ,8 3 0 ,0 9 7
M e t r .W . S i d e E l . O h l o . J u n e
M ar. 1 to J u n e 3 0 . . .
6 6 ,4 8 5
2 7 3 ,3 1 2
M e t r o p 'n 8 t . B y . . K C J u n e
Jan . 1 to J u n e 30 ...
1 6 0 ,9 3 9
8 5 2 ,8 6 2
1 6 1 ,4 7 9
8 5 3 ,4 9 1
7 1 ,9 5 3
3 6 8 ,4 8 9
7 2 ,2 0 2
3 4 7 ,3 7 4
M o n t g o m e r y S t. R y .J u n e
Jau . 1 to J u u e 3 0 ....
5 ,4 5 6
2 7 ,0 4 8
5 ,2 1 5
2 6 ,5 1 2
2 ,8 7 0
1 2 ,7 8 8
3 ,0 2 3
1 3 ,2 3 3
N a s s a u E l e c t r ic * R R . ( B l ’ k y n ) .
A p r . 1 t o J u n o 3 0 ____
5 0 7 ,0 7 0
Jau . 1 to J u n e 30 . ..
8 4 1 ,6 0 9
4 6 5 ,2 5 1
5 4 2 ,1 8 4
2 2 7 ,6 4 6
3 4 0 ,0 5 4
1 8 7 ,80L
2 0 3 ,4 0 3
7 ,9 7 6
3 6 ,3 8 5
9 5 ,2 2 2
3 ,9 2 3
1 2 ,4 0 1
3 5 ,1 9 3
2 ,9 9 2
1 2 ,7 0 3
3 6 ,4 3 7
N e w b u r g E le c . 8 t .R y .J u u e
J a n . 1 t o J u u e 3 0 ____
J u ly 1 to J u n e 3 0 ,.—
N e w L o n d o n S t. R y ..J u n e
Jau . 1 to Ju n e 3 0 . . .
. 8 ,3 4 2
3 4 ,3 6 3
8 3 ,6 6 8
1 7 ,4 9 6
1 1 0 ,4 6 3
5 ,2 3 6
1 9 ,9 8 5
5 ,1 2 9
2 0 ,4 9 4
1 ,8 6 8
3 ,8 8 1
2 ,0 9 9
4 ,9 4 3
1 1 1 ,4 8 3
6 5 4 .5 6 7
N e w O r le a n s T r a c t .. J u n e
J a n . 1 to J u n o 3 0 . . .
1 1 3 ,5 6 4
6 8 1 .7 3 0
3 2 , 9 45
224 , 119
4 7 ,6 8 0
3 0 4 , *37
N o r t h S h o r e C ra ot’ n J u n e
1 3 0 ,2 2 8
1 3 7 ,2 6 9
5 3 ,5 3 7
5 6 ,2 5 0
P a t e r s o n R a i 1w a y . . J u l y
J a u . 1 t o J u l y 3 1 ____
3 4 ,0 0 2
1 9 2 .2 5 8
3 1 ,8 6 3
1 8 7 ,6 0 3
1 6 ,2 2 5
8 5 ,3 2 2
1 3 ,9 0 3
7 9 ,2 2 3
P i t t s . F r . & S u b . E l. R y . J ’ u e
J a n . 1 to J u u e 3 0 . .. .
3 ,2 1 2
1 6 ,9 4 2
1 .2 9 8
8 ,0 5 2
2 ,1 0 5
1 0 ,7 9 7
643
3 ,7 9 3
6 ,2 3 8
2 0 ,8 2 8
P o u g h . C i t y A W . F a ll s . J u l y
J a n . 1 to J u ly 3 1 . . . .
8 ,9 6 7
4 7 ,5 7 9
9 .3 2 2
4 8 ,7 6 0
1 ,9 9 4
1 8 ,7 5 3
R o x h ’ K h C h e s t H ill& N .J u ly
J a n . 1 t o J u l y 3 1 ____
1 1 ,0 7 7
4 5 ,1 8 8
1 0 ,4 5 6
4 1 ,5 3 1
5 ,3 6 6
1 3 ,3 2 8
5 ,3 5 8
1 2 ,3 2 6
S c h u y lk U l T r a c t i o n . M a y
J a u . 1 t o M a y 3 1 .........
O c t . 1 t o M a y 3 1 .........
7 ,1 1 3
3 4 .7 4 4
6 0 ,4 3 5
8 ,8 5 6
3 8 .5 2 5
6 2 ,5 1 8
t 2 ,0 l4
1 1 1 ,3 9 9
1 2 2 ,7 2 5
t4 ,l2 7
11 6 .6 3 i
1 2 6 ,5 2 0
S c h u y lk ill V a l. T r a o .J u o o
5 ,3 5 3
.....
181
S o r a n to n R a ilw a y ... J u ly
J a n . 1 to J u ly 3 1 . . . .
3 3 ,2 5 1
1 9 6 .0 9 6
3 3 ,3 1 9
1 9 5 ,0 9 7
1 7 ,2 2 5
9 3 ,9 6 8
S cra n to u A C a rb o n ..A p r .
2 ,8 5 2
......
S c r a n to n & P it s t o n .. A p r.
J a n . 1 t o A p r . 3 0 .........
J u l y 1 t o A p r . 3 0 .........
4 ,6 6 2
1 8 ,3 8 4
5 4 ,4 4 8
S e c o n d A v e . ( N .Y .) —
A p r . 1 t o J u u e 3 0 ___
J a n . 1 to J u n o 3 0 ....
1 6 ,0 1 9
9 4 ,7 1 2
1 ,7 4 7
1 ,7 4 7
6 ,6 7 0
2 2 ,3 6 2
1 7 4 ,0 9 5
3 1 3 .5 7 9
2 2 3 ,4 4 7
3 9 6 ,4 7 0
S o u t h e r n B ’ i’ v ’ d ( N . Y . ) —
A p r . 1 t o J u n e 3 o ____
J a u 1 to J u u e 3 0 . .. .
1 3 ,0 2 6
2 2 ,0 1 5
T r o y C ity R R .—
A p r. 1 to J u n o 30 . . .
J a n . 1 t o J a n e 3 0 ____
T w in C it y R a p id T r J u n e
J a n . 1 t o J u n e 3 0 ____
3 6 ,2 1 8
5 ,3 8 3
5 9 .3 5 2
8 5 ,4 1 8
1 0 ,7 5 9
1 7 ,6 6 6
6 ,8 0 9
1 0 ,3 2 8
6 ,1 9 2
8 ,1 3 5
1 5 3 ,4 4 7
2 6 1 ,6 4 7
1 3 7 ,2 8 5
2 5 1 ,2 6 2
6 7 ,5 1 1
1 0 9 ,9 8 9
6 5 ,0 3 4
1 1 5 )1 8 4
1 5 9 ,4 6 0
9 2 0 ,5 3 9
1 7 0 ,4 7 0
9 6 0 ,1 6 4
9 2 ,3 2 2
4 8 0 ,1 6 3
9 8 .5 1 4
5 2 4 .7 4 7
U n io n 8 t r e e t R y . ( N .Y .) —
A p r. I to ju n e 3 o ....
J a n . 1 to J u n e 3 0 . . . .
1 4 8 ,2 4 0
2 5 9 .4 3 4
1 3 9 ,9 2 6
2 4 2 ,2 9 6
6 2 ,5 2 0
9 3 ,5 1 5
6 4 ,7 5 9
9 2 ,7 9 4
W a t e r b u r y T r a c t 'l l . . J u l y
J a n . L to J u ly 3 1 . . . .
2 3 ,9 4 9
1 4 2 .1 7 0
2 1 ,6 9 9
1 3 6 ,5 0 1
9 ,7 7 8
6 0 .3 5 7
9 ,4 6 9
6 3 ,0 0 2
W e s t C h ic a g o S t. R R .—
J a n . 1 t o M .i y 3 1 .........
1 ,5 1 1 ,2 3 3
1 ,6 5 1 ,6 1 3
5 8 7 ,7 0 7
5 8 6 ,6 1 5
A W e s t c h e s te r E le o t r io (N .Y .)—
A p r. 1 to J u n e 3 0 ....
3 4 ,1 6 9
J a n . 1 t o J u n e 3 0 ____
5 8 ,4 9 8
W ilk e s b .& W y .V y .T r .J u n e
Jan . 1 to Ju n e 3 0 .—
3 9 ,0 4 3
2 2 7 ,7 1 0
3 5 ,1 8 1
5 8 ,3 3 0
4 3 ,1 0 1
2 3 G .4 3 1
1 1 ,4 8 9
1 4 ,3 6 7
2 1 ,6 4 3
1 2 2 ,1 1 7
1 3 ,6 2 1
1 3 ,0 1 1
2 3 ,2 3 3
1 2 3 ,3 0 7
R a i l r o a d s a n d M i s c b l . C o .’ s .
V o lu m e 6 5 —
P a ge.
B o s to n & A lb a n y ...................... .......... 275
B oston E lectric L i g h t ............... . . . 276
Buffalo Rocri. JfcPiits (a d v a n c e ),.. 23.'
Calum et & H ecla M ining.
— 233
C h icaro & N orth W e s te rn .257, 274, 279
E rie Rrt. (a d va n ce *............................ 232
M exica n in te rn a tio n a l................149, 156
M o b ile & O hio ( a d v a n c e ) .................. 233
N ew Y ork O ntario & W e s te rn ....... 275
O hio Falls Car M fg . C o ..................... 276
R a il r o a d s
a n d M i 8cjel.C o ’ s ( Oon
V o lu m e 6 5 —
Page
R y . E quie. o f M in n esota.. ....... ..
R io G rande Sou ,h e rn ................
San F ran cisco Sc N orth Pacific 193,
W e s te rn N. Y. & P en n , (a d v a n c e ).
150
233
275
276
Streekt R a i l w a y s .
Buffalo Railway. ............................... 276
S ch e n e cta d y R a ilw a y......................... 233
S econ d A v e n u e RR ., N. Y ................ 276
U n io n a y . iN. Y. C it y )....................... 193
Central of Georgia Railway Co.
CReport for year ending Jane 30, 1897.)
The C h r o n i c l e his been favored witi advance sheets of
President Comer’s report, from which extracts are made
below. It will be noticed that while the surplus over fixed
charges for the year was $315,984, the liquidation of receivers’
accounts and back taxes, hereiotore in luigati m, reduced the
amount available for the income bonds to aoout $99,0 id, from
waicb has been declared this week 2J^ per cent interest
payable Oct. 1 on the first preference incomes, calling for
$90,000. The report says;
General Hesu ts.— ‘ ’During the year several things occurred
which serioualy affected the reveuu, s of the company. The
more prominent of these wers the rate war on business to
and from the Bast and which prevailed for some time, the
reduction of the fertilizer rates by the St ice Railroad Com
mission, and the existence of higher ocean fretgnc rates for
cotton from Stvannah to European ports than from the ports
with which the lines of the Cemral of Georgia are ia co npstilion. This serious handicap continued nearly the entire
season and caused the loss of considerable business wmch
under normal conditions would have moved to market over
our lints. These difficulties, together with the large amount
of money [$146,278] wmch the company w;as called upon to
pay in the way of back taxes, prevented some improve neats
to the propeity which were contemplated, all improvements
being dependent up m earnings, as we keep no betterment
cr improvemeL t account.
“ Tne very gratifying result shown from the operations of
the property have been obtained only by the mo t rigid econ
omy consistent wiili a proper maintenance of tne property.
The company has no fl /ating debt.”
Improved P rosp ects— “ It is gratifying to not a a decided
improvement in toe agricultural and general business condi
tions of the section of country served oy our liu-s. Tne crop
prospects are very promising, and indications point to a con
siderable inciease in business for the next year. It is also
gratifying co know that with the improved facili les we
have heen able to afford, the relations between the company
and its patrons generally are of a very friendly nature.”
Acquisition of Middle Georgia & A tlantic R y.— “ On Jan.
1st, 1897, ihe Middle Georgia & Atlanuc Railway, running
from Milledgeville to Covington, Ga., 64 57 miles, including
what was formerly known as the Eatontun Branch RR , fro a
Milledgeville to Eitonton (21 miles), was puicaased. The
lerms of the purchase were $8,000 per mile of the company’s
bonds, issued at the rate of $9,000 pjr mile, secured by a first
mortgage upon the property purchased. The additional
$1,000 per mile of bonds issued is re.ained in the treasury of
the company to cover necessary repairs and improvements to
the property. Of the loan $168 000 is retained in the cus
tody of tbe trustee, the Guaranty Trust Company of New
York, to be exchanged upon request of the company for a
like amount of bonds cnat had oeen previously issued upon
the Eatonton Branch portion of the road. In addition to the
purchase prioe named, the company assumed the payment of
$8,795 of equipment notes whion mature monthly until i u » .
4th, 1900.”
Paym ent o f Back Taxes.— “ The item $146,278 has been
charged in profit and loss account for county and municipal
taxes assessed against the property Of the Central Railroad &
Banking Co. of Georgia for the years 1889-1898, the payment
THE
ACQCBT 31, 18S7,]
C H R O N IC L E .
325
I S 97.
L ia b ilities.
1 896.
ol which was contested ia the courts upon the idea that the
$ 3 0 ,0 0 0 ,0 0 0
$ 3 0 ,0 0 0 0 00
company was not liable for such taxes under its charter.
39,54=1,000
3 9 ,9 2 2 ,0 0 0
During Ihe year the Saereme Court of the United States de L o a n s a n d l u l l s p a y a b l e ...........................................
7 3 0 ,0 0 0
4 9 ',0 0 0
3 1 7 ,7 1 0
2 9 0 ,3 6 0
cided the matter adversely, and tfie taxes were paid. Sev 1 - n e r e i t o n f u n d e d d e b t d u e a n d a o o r a e d .
D iv i d e n d ;* u n p a i d
7 .3 7 4
7 ,3 5 7
eral of the cities and counties, however, very kindly abated D u e f r w a g e s a n d s u p p l i e s , e t e .......................
4*25.477
7 0 6 ,8 9 0
the i-uerrar that had accrued.”
T a x e s I d l i t i g a t i o n ............................................ ............
8 3 9 ,6 3 4
New Equipment.—"The 300 ventilated freight box cars re D u e o n m p a u l e s a n d i n d i v i d u a l s .......................
6 9 ,’ 05
7 8,5 01
le b o d e e r i o
5 0,0 35
5 2 /3 5
ferred to in ihe last annual reoort were completed and C oan vheartibn K > .n 1 p e r i c t in ta tbeo*n..............................
M n
tta
e
d s , s p e c ia l.
3 0 0 ,0 i 0
3 0 ,000
charged off during the fiscal year.”
S u n d r ie s ............... ................. ............ .......... . . .
_7
9,<>!-6
3 3 .738
New Officers.—‘ la November last Mr. John M. Egan was P ro fit and lo ss (s u rp lu s )...................................
4 ,4 9 7 ,9 9 6
4 ,6 6 3 ,3 4 4
elected a member of the Board and Vice President of the
$ 7 6 ,7 9 1 ,3 1 7
$ 7 6 ,5 2 4 ,2 3 5
company at d on Nov. 15th assumed the immediate control of - V . 6 5, p . 278 .
the physical operation of the company’s properties. Mr. E ran
B o s to n & M a in e K a il ro a d .
is a m*n of large and varied experience in the operation of
(F o r the year ending June 30, 1897.)
railroads aid the company is to be congratulate 1 in securing
his services. In J touary Mr. C. W. Haskins, of the firm of
In advance of the pamphlet, the statement of results for 1896Messrs. Haskins & Sells, certified public accountants of New 97 has been issued, which we compare with previous years:
J o r t, was elected Comptroller of tae company. Under Mr.
EARNINGS, EXPENSES, ETC,
Haakins’s supervision the company has inaugurated solid or
1 8 9 6 -7 .
1 8 9 5 -6
1 8 9 4 -5 .
1 8 9 3 -4 .
^
>
$
$
$
inter-line billing.”
G ross e a rn in g s
. . . 1 9 ,8 5 6 ,6 8 7 2 0 ,4 6 0 ,0 9 2 1 6 .8 9 2 ,3 1 4 1 5 ,9 6 2 .2 7 7
Earnings, Etc..—'The following tables include the income O p era tin g e x p e n s e s .* ! ;/ 5 .-6 ,2 1 4 1 4 ,5 0 7 ,1 8 3 1 1 ,7 5 2 ,4 5 9 1 0 ,8 3 3 ,6 6 7
acconot and the profit and loss account for l'i'm-97 and a com
Met e a r n i n g s .... 6 .0 0 0 ,4 7 3
5 ,9 5 2 ,9 0 9
5 ,1 3 9 ,8 5 5
5 ,1 2 8 ,6 1 0
parative atatenunt of earnings for two years past. ( fh *
0 3 8 .5 0 9
6 4 4 ,4 >2
5 6 5 ,6 8 4
6 2 5 ,9 6 2
balar ce sheet will be published to connection with the pamph O ther In co m e ----------T otal n e t ............ 0 ,6 3 8 ,9 8 2
let report ]:
6 ,5 9 7 ,3 6 1
5 ,7 0 1 ,5 3 9
5 ,: 5 1 .5 7 2
F ix e d c h a r g e s .......... 5 ,3 0 1 ,0 8 6
!«CO*E A C U T FOE TEA* E I>R JCN 30. 1837.
CON
S i>
E
5 ,2 1 9 .2 5 9
4 .3 2 6 ,5 0 9
4 ,3 4 6 ,7 7 9
Oro«*ei»rnleg*.....................................................
$5,280,690
1 ,3 3 7 ,8 9 6
Qjperatlng expenses ($3,271,591) aadtaxa* (§180,968) ...... 3,452,382
1 ,3 7 8 ,1 0 2
1 ,3 7 9,01 1
1 ,4 0 7 ,7 9 2
Sinking fu n d _____ . . .
6 8 ,6 0 1
7 2 ,6 3 3
7 2 ,7 5 0
6 7 ,2 8 3
288,807
13,500
B a la n ce .......................
D iv id en ds.. ...............
1 ,2 8 9 .2 9 5
1 ,2 3 4 ,0 7 2
1 ,3 0 5 .4 0 9
1 ,2 3 4 ,0 0 2
1,3 0 6,21 1
1.23 1,998
1/- 40 510
1 ,3 2 1 ,0 3 1
T o ta l n et In com e fr o m aii s o u r c e ---------- --------------------- . . . $ 2 , t >7,911
In te re st <»a fu n d ed d e b t. 5 1 .5 * 3 ,9 0 0 ; m tscn lla n eooa tn teresr, * 1 .044 ) ......................................................................... ............. $ 1,5 2 7 ,9 4 1
A n n u ity C ity o f Mtaesm.............................................................- .........
3,8.*8
■ R e n ta l* .... .............................................................. ........
3io, o o
S u rp lu s .........................
3 5 ,2 3 3
7 1 ,4 6 7
7 2 ,2 8 4
1 9 ,4 7 8
N e t e a r n i n g * . ........ „
.................................
Income from lave-omenta, i loludiogfteanMhtp*......... ........
R e n ta l of LyonsBr*ti»h ..............-...... ................... ............
S urplus cu rried t o o re d lt p rofit a n d I o n ........................................
$ 1 ,* 2 * ,1 3 4
$ 3 1 8 ,9 6 1
T he profit and loss a cco u n t is as follow s:
F sortx
an d
toss
accoc.
x
r.
Dr.
BaiM te* J o n * 3 0 . 1 - 9 6 ................................................
In te re s t At 1% t e r ce n t, p a id O ct. 1 ,1 8 9 6 , o a
dr*t p re frre n c - in co m e b e n d s ............................
$ 8 0 ,0 0 0
S urplus t. •or .lit p rofit *<i<t l o . s j q u e « ) . 18s* *.
B ala tti'- paid to-t toM ^tsM at'rii) o f v a fim i* s a d
.«oi Uis r> r e iv e r ’ * at.d pU Tebasew’ A c c o u n t s 71,164.
Aruout t p a id fo r ta x e s a ccr . p rior to
'9 6 .
1 46 .27 4
C re d it b a la n ce J u n e 3 0, 1 8 9 7 .................................
9 9 ,’ 75
O r.
• 6 0 .2 5 3
3 1 5 ,9 6 1
T o ta l
................................................................. .. * 3 7 6 .S 17
t
r < 7 «,$ 1 7
B a la n ce cr e d it J u n e 3 ■ 1898 ......... ....................
,
$•’ .*,374
[ C h e In te r* * * * t 2J^ p e r c e n t , a n n o u n c e d t h i s w e e k a s p » y a b t e O c t . 1, 1 8 9 7 . o n t h e fir s t p r e f e r e n c e i n c o m e b o n d s , c a l l s
f o r ih e o u t l a y o f $W>.00t>, c h a r g e a b l e t o t h e a b o v e a c c o u n t , —
* I n clu d e s In 1896-7 $ 1 2 9 ,0 1 6 f o r e q u ip m e n t a n d a u to m a tic co u p le rs.
GENERAL BALANCE SHEET JUNE 30.
1 897.
1895.
1896,
A s s e ts $
S
$
C o n -tm o tlo n am i e q u ip m e n t .._3 8 ,8 7 8 .0 3 4
3 6 ,8 * 2 ,3 1 1 3 6 ,1 3 9 ,8 0 5
N torts and b a o d s o t b e r e o m p a n le s . 4 ,3 5 9 .0 0 5
■1,283,381
3 ,9 9 8 .3 * 8
1 ,5 8 5,75 0
B oston A M aine s t o c k ...... ................ 1 ,5 8 5 ,7 5 ‘J
1 ,5 8 5 ,7 5 0
8 9 4 ,5 4 4
H « il e s t s t " . ........................... ............
9 9 :,8 5 9
8 7 1 ,0 9 4
1 25 .71 7
S team er, e le v a to r, e tc ..........
1 2 5 .7 1 7
1 2 5 .7 1 7
C a s t l............................................... 1 ,4 5 3 ,6 3 9
1 ,6 6 6 ,5 1 6
2 ,3 1 8 ,1 1 0
8 6 5 .7 2 0
Mills re c e iv a b le ................................
1 ,2 3 8 .7 1 9
1 ,0 2 2 ,4 6 8
S in kin g fu n d s - ..........
7 0 5 ,8 .'3
6 2 9 ,7< 9
5 5 6 ,4 4 9
M aterial* and s u p p lie s ........... 1 ,7 8 7 .0 8 6
2 ,2 3 0 ,2 8 4
1 .5 7 7 ,4 5 7
2 ,6 9 2 ,9 8 r
flu e b y a g e n t* o * * , In d iv id * ., e t c . 3 ,3 0 6 ,0 5 1
1 ,9 9 4 ,9 1 0
llS firo v e a te b t * c e t , lea sed r o a d * ..
4 8 3 .4 5 7
6 1 5 ,6 5 7
C entral Mass U R. e o s tr u c t io n ..........................
2 5 6 ,9 0 2
3 4 1 .4 9 6
EOhj, o f g ra d e o rosstu q *. ..............
1 30,156
1 8 2 ,9 * 8
2 7 3 ,5 3 1
M l.eeila oeou e ....................
3 2 8 ,1 6 0
4 7 0 ,6 7 2
3 3 4 ,6 8 6
o p e r a t in g * x p e n *'’ * ................ 13,5 .5 6,21 4
Interest » c e t n » d fo r y e a r ___ _____ 1 , 1 0 4 / 2 6
T a xes AC rti*d fo r y e a r ...................
.
9 8 8 ,3 1 6
R e n t a l * a e o r u - 4 f o r y e a r ........
3 .2
8 ,0 1 2
D ivid en d* d e c la r e d ................... 1 ,2 3 4 ,0 6 3
Eri j
T o t a l . . ....................................... . . . .7 2 ,8 8 7 ,4 1 1
F o r t h e p u rp o s e o f i n f o r m a t io n a s t o e a r n in g s , a n d t o s h o w
a r e a d y c o t* p > n « u , a t a b u l a t e d s t a t e m e n t Is gu h tn t i e d s h o w
i n g o p e r a t i o n s t h i s y e a r » » c o m p a r e d w i t h la e t y e t r . a - t f o l l o w s :
su m m a r y - o r K i a v i s o a a*«» u u m b k * > >a t u b y e a r u n p e g ju n k 3 0 ,
•
I s :* ;, AS COMl’ ABED WITH P 8 * 7 1 0 1’ « 4 ASM
1 99 6 9 7.
1895-96.
G ro ss ea rn in g * .
.
........... $5,28i>,098
* 5 ,5 0 8 ,4 0 5
O p e ra tin g e x p en ses .......................... .................. , $ 1.271,5<>l $ 3 ,8 0 5 ,4 8 6
T e x e s .................................................................. .. .
tb M < i
160,191
-Vet ea rn in g * . . . ........... ..................... ............$ 1 ,8 1 8 ,1 3 1
In c o m e fr. la w m u j t i io e ln 1 V s t e . $ ’ 84,1 *7
R c c e i t e l fr o m lea** o f L yon s B w n e b .............
* 3 .5 0 0
$ 1 ,7 1 4 ,7 4 4
.3 8 1,917
2 7 ,* 2 0
T u la ! ........... .........................
- V , 8 5, p. 151.
* 2 ,1 5 9 ,o r
$ 2,1 5 7 ,9 1 1
Manhattan (Elevated) R a i l w a y
/'Report f o r the year ending June SO, 18S7.)
The financial result* for three fi<:*I year* are shown hylow
and also the general bal ince sheets a* of June 30. 1897, and
18*6. The reduction in inter * t ebarg— for 1891-7 is due to
<
*
the refunding on Jus, 1,1890. of $8,500,000 7s i t ) consol
idated i t :
KAKHtSOS, UXTJtMK* ASB CHARGE*.
1 89 6 -7 .
1 8 P 5 -6 .
O r e * ea rn in g s ................. .
O p e r a t'g easpensea A ta x y * ,
M et barbin g*..
Other (tteome. ...
T o ta l.............
.
Bert net —
In te re s t
b-m }>
T a x e s . -..................
$
9 ,1 6 3 ,7 4 0
5 .3 0 ..3 5 1
5 1 ,7 5 4 ,9 3 5
21399,000
Ah,file d v o u ch o rs a n d w w _____ .
8 5 0 ,9 3 0
3 6 5 ,7 2 0
228,1-11
64 7 ,3 3 5
1 6 7 ,3 0 8
4 69 ,3 1
8 0 7 .2 9 3
1 ,1 3 9 .3 9 6
I Jury f u n d ....................................................,
1 5 0 ,0 0 0
3IH«MI*r a c e o i l o t ..............
.
7 6 2 ,0 5 8
s in k in g fu n d* ......... ..................... ............ .
7 0 6 ,8 2 3
A ccru ed tax*-* ..................................... . . . .
118,581
s u b scrip tio n <‘« n , & Mo b . s to c k .
0 6 9 ,5 2 3
.1 9 ,5 * 6 ,6 8 7
‘
O t h e r Incsriiof* . . . . . . . . . . . ................ .
6 3 8 ,5 0 9
PniitU « o d lot* ........................................... .. 1 .6 0 8, >56
1 5 0 ,0 0 0
6 8 4 ,0 7 2
6 2 9 ,; 09
4 2 7 ,6 9 2
1 ,1 2 3 3 7 1
5 3 0 .3 0 9
1 8 9 .5 ,5
5 5 5 .1 * 2
6 8 7 ,9 3 4
9 9 9 .7 6 8
200, 00
1 5 0 ,0 0 0
8 1 8 ,1 2 5
5 5 - .4 4 9
3 6 7 ,0 0 3
T otal ................................ ..................... .7 3 ,8 9 7 ,4 1 1
- V . 64. p, 9 51.
1 ,6 7 7 /5 7
1 ,6 1 6 ,0 0 2
5 3 ,5 9 4 ,8 4 3
5 1 ,7 5 4 ,9 3 5
L eh ig h & H n d son R l r e r H a llw a y .
f Report f o r the year ending June SO, 1897.)
F.srnirws and < vpen- * for the late fiscal year compared
with previous years have been reported as follows :
Ym rx tmtUng 1 m m 3 0 —
flnmm mfcftolttjSrs . . . . . . . . .
3 9 8 1 ,3 8 9
1 -0 .2 7 6
3 .7 2 5 ,9 7 3
1 .0 *1 ,6 6 5
3 ,9 5 5 ,1 9 3
4 .2 7 0 ,7 1 0
1 .8 8 6 ,8 1 6
8 2 0 ,1 7 0
2 ,t « l jS 7 4
6 7 8 .7 2 3
2 .0 0 .V 6 H
6 5 2 ,7 2 5
2 12.520
T otal
..............................
2 ,7 0 7 ,0 1 6
2 /-4 0 .3 >7
2 ,7 4 9 ,6 0
B a la n ce fur d iv id e n d * . . . .
1 ,3 3 4 ,6 1 9
1 ,1 1 9 .0 2 6
1 ,5 2 2.04 6
D iv id en d* p a id ........... ..........(5 p c ) 1 ,5 0 0.00 0 (6 l l . 600.00o 16)1,890,090
2 1 ,6 5 5 ,2 9 0
594300
Due com pat.it-*, in d ivid u a ls, e t c , . .
4 5 3 ,7 8 3
D lvld. u o c la lt!!.,! & int. line J u ly 1 1 8 5 ,0 8 4
A eer.ied In U rra t an d r e n t a l * ........
4 5 6 .5 8 1
R M U A lprie-k-ed read* J u l y ! ____
9 5 7 ,8 1 3
S u n d r y I f a .e a - o o u t i l * ..................... 1 ,1 6 2 ,4 0 5
K U S m O S , EXPENSES AND CHARGE!!.
1 896.
1895.
1897.
S
$
$
3 70,972
3 12,911
215,831
2433**2
9 ,2 5 -i,9 3 t
5,530,95$
B a la n ce ...........................
d e f.1 0 5 ,3 5 1 d e f 6 8 1 ,B u i
GENKHAT, BALANCE SHEET JCNB 3 0.
4 Mel*.
1897.
C »* t Of road and eq u ip m en t ..........................$ 1 8 ,8 8 5 ,1 1 1
...............................
1 4.0 1 4 .0 ' O
C o*t o f Irs s. s ....... .......
O ther t>em i»n«i t m veA ttnoot*. real e sta te
2 ,5 8 3 ,7 7 1
S u p p lies on h a n d
...........................................
233,521
D u e <»o teenitn* o f traffic . ......................
*.9 5 7
D u e b y com p a n ies and In d iv id u a ls.............
1 8 ,9 1 5
C ash on lisnd ........
97,531
b o a r s o n c a l l ......... ...........
1 4 0 ,0 0 0
J a y G ou ld s o r e ’ y s b l p .......................................
3 0 0 ,0 0 0
Ki-dsint*. K .Y . E .R R . tat 7* A Int. th ereon .
1 2 ,8 3 0
5 16 .62 8
B ond i t c s ........... ....................................................
5 3 ,5 9 4 ,8 4 3
2 1 ,8 8 9 ,0 0 0
2 1 , 5 6 6 ,7 8 0
5 9 7 ,8 0 0
iliiir t -
t"* j
"
f* \
h \
§1
........... ..
M
0«pfitil«t> ek (see s u p p l e m e n t ).. .2 1 ,8 - 9 ,0 0 0
H oods (* « .- StfePLKMBNTt ............ ..2 1 ,4 7 7 ,2 8 0
Real e# at,, m o rtg a g e n o te * .......... .
6 9 7 ,8 6 0
S e t t a r n h f g '. . . . . . . . . . .
O ttier iucoim* . . . . . . . . . . . . .
1 894.
$
4 30 ,8 5 7
3 4 7 .7 2 7
..
157
T a x e s ............. .........................
1 4 9 .0 2 9
4 ,1 8 9
13 3 , »3 0
1 6 .8 "0
1 80,319
T o 'a ! .................................
Dedurt —
on b o n d s . . . . . . . .
1 5 5 ,1 5 1
4 ,1 9 3
1 53 ,21 8
1 4 9 ,9 3 0
132,163
7 .6 0 7
8 ,8 9 9
131 .32 6
1 11,711
2 >.990
8 ,5 7 1
9 ,0 0 9
1 4 2 .2 7 2
148,729
T otal ................................ ...1 4 2 ,5 5 1
1 4 0 ,3 3 5
1 0 ,6 2 0
12,883
7 .6 5 8
Surplus fur y e a r ................... . .
2 ,1 9 4
G E N E R A L BALANCE SHEET JUNE 3 0 , 1 8 9 7 .
A e s e is —
L ia b ilities—
Cost o f r o » d » ') d e q u ip $ 3 ,2 8 6 ,3 3 3 C apital s 'o p k .o o u m io n .S l, ,3 1 0 ,0 0 0
9tortc* and bond * o f
H anded d eb t ................. 2, ,0 4 3 ,3 8 0
o th e r co m p a n ie s
3 5 0 ,0 0 0 J ,o »o e and bill* p a y a b le
Other p e rm 't Invi'S’ m 't*
3 1 7 ,9 5 0 [n t o r e e t o n fu n d e d d e b t
4 8 ,0 0 2
Mnppltn* ob ha n d . . . . . .
23,151
d n e and a ccru e d ........
D u e b y a -n t e . . . .
227 Dm- fo r w a g es an d su p 3 6 ,0 6 4
D u - b y o th e rs, a c c o u n t
p lle «......................
Of T r a ffic .......................
16,2 28 D u e on o p e n a coou u ta .
6 3 ,4 9 0
D u e b y op en a cco u n t* .
3 2 .0 5 7 Gar t r u s t * . .......................
8 5 ,2 3 3
Cash o n h a n d ...................
3 7 ,4 6 6 P ro fit an d lo s s , s u r p lu s .
420,500
4,848
T o t a l . .. .......................... * 4 ,0 4 3 .4 0 2
- V . 64, p. 423 .
T o t a l............................... $ 1 ,0 4 3 ,4 0 2
fH E
326
[VoL
C H R O N IC L E
BROOKLYN
Q U E E N S C O U N T Y <& S U B U R B A N
LXV
RR.
Long Island Railroad.
( Earnings f o r year ending June 80, 1897. J
f Report for the year ending June 30, 1897.)
This road belongs to thh Brooklyn Ripid Transit system,
Raul's for the late fiscal year, in advance of the pamphlet but its earnings are reported separately- Eirniaga for the
report, have h»en reported as follows. The dividends de late fiscal year have been compiled, and compare with pre
duot« d in 1896-7 were paid in August and November, 1896 (1
per cei t each), since which latter dace no dividends have vious years as follows:
1 8 9 5 -6 .
1 8 9 4 -5 .
1 8 9 6 -7 .
been paid :
$ 6 8 4 ,9 4 6
$ 5 8 9 ,4 0 8
G r o s s e a r n i n g s ....................................... ............ $ 7 3 0 , 2 7 6
N e t e a r n i n g s .......................
O t h e r income.....................
D ed u ci—
I n t e r e s t o n b o n d s ....................
T a x e s .................................................
R e n t a l s ..........................................
I n t e r e s t a n d d i s c o u n t .........
D i v i d e n d s ...................................... .
T o t a l ............ ..............................
...
...
1897.
$
3 ,* 9 7 ,3 '9
2 ,7 5 1 ,9 6 9
1896.
$
3 .9 6 2 ,7 9 9
2 .5 4 1 ,6 3 6
1895.
$
4 ,0 1 4 .0 1 9
2 ,5 9 3 ,3 2 6
...
...
1 ,1 4 5 ,3 5 0
1 8 7 ,1 6 0
1 ,4 2 1 ,1 6 3
1 5 5 ,6 5 4
1 ,4 2 0 ,6 9 3
1 6 3 .2 7 6
1 ,5 7 6 ,8 1 7
Y ea rs e n d in g J u n e 3 0 —
G r o s s on r* I u k a ...........................
O p e r a t i n g e x p e n s e s ................
1 ,5 8 3 ,9 6 9
6 5 8 ,4 1 1
2 0 b ,9 7 3
2 7 1 ,1 6 0
1 6 ,3 8 9
(4 )4 8 0 ,0 0 0
658 410
1 7 4 ,5 3 1
2 4 0 ,0 8 8
0 ,7 8 9
(4 )4 8 0 ,0 0 0
1 ,6 2 6 ,9 3 3
1 ,5 5 9 ,8 1 8
d e f 5 0 ,1 1 6
s u r .2 4 ,1 5 1
...
...
6 5 8 ,6 6 0
2 1 0 ,7 9 4
3 1 0 ,4 6 6
5 0 ,3 8 5
. . . (2 )2 4 0 ,0 0 0
...
1 .4 7 0 ,3 0 5
B a l a n c e .............................................................d e f . 1 3
gen eral
balance
sh eet
.t o n e 3 0 .
$
T o t a l a s s e t s ...................
3 0 ,3 5 1 ,0 3 3
L ia b ilities —
C a p i t a l s t o c k ...................................................1 2 , 0 0 0 0 0 0
1 6 .0 4 0 ,9 1 0
F u n d e d d e b t ............................
A c c r u e d In te re st o n fu n d e d d e b t .
1 5 > .1 8 6
L o a n s a n d b i l l s p a y a b l e . ....................... 1 , 6 0 0 , 0 0 0
P a y r o lls , s u p p lie s & s u n d r y a c c t s .
5 5 9 ,9 0 7
S u r p l u s . . . . . . ................................. ...........................................
1896.
$
2 5 .7 2 2 ,9 6 9
1 .0 0 6 .1 8 1
2 ,9 0 9 ,7 1 5
8 » 1 ,6 9 0
1 3 2 ,9 8 7
1 3 5 ,2 8 9
1 1 0 ,4 9 5
1895.
$
2 5 .4 2 3 ,° 0 5
8 9 9 .1 3 3
2 ,9 2 0 ,8 1 5
5 9 7 ,9 4 7
1 4 1 ,9 6 0
1 7 9 .6 0 7
1 3 3 ,2 1 4
3 0 ,8 1 8 ,4 !6
3 0 ,2 9 6 ,5 8 1
1 2 ,0 0 0 ,0 0 0
1 6 , 2 ‘ 3 , 6 10
15 9 . 1 8 6
9 2 5 .0 0 0
1 ,0 0 8 ,8 2 2
5 0 0 .7 2 8
1 2 .0 0 0 ,0 0 0
1 6 ,0 8 2 ,1 1 6
1 5 0 ,1 8 6
2 5 0 ,0 0
1 ,0 5 2 ,2 9 7
7 0 1 .9 3 2
3 0 ,8 1 8 ,4 2 6
1897.
A ssets—
C o s t o f r o a d a n d e q u i p m e n t ...............2 4 , 0 ) 8 , 3 1 1
S o c k s a n d b u n d s o f o t h e r c o s .........
5 1 0 ,9 6 6
O th e r p e r m a n e n t in v e s tm e n ts . . . 3 ,1 0 6 .7 1 0
O p e n a c c o u n t s .............................................
4 6 8 ,7 1 2
1 4 5 ,4 0 9
D u e h . a g e n t s _______
S u p o l i e s o n h a n d ......................................
9 5 ,3 9 6
C ash on h an d
.........................
3 0 5 ,0 0 9
P r o f i t a n d l o s s d e f i c i e n c y . ..............
1 ,6 9 0 ,5 2 9
3 0 ,2 9 3 ,5 8 1
Brooklyn Rapid Transit Company.
f Earnings f o r the year ending June 30,1897. J
The earnings of the Brooklyn Heights RR. and Brooklyn
Queens County & Suburban RR , which companies operate
the lines of the Rapid Transit System, for the late fiscal year,
are shown below.
The Brooklyn Rapid Transit Co. owns the capital stock of
the Brooklyn Heights and the Suburban companies, and has
outstanding bonds of $5,511,000, leaving $1,489,000 still in the
treasury. The Brooklyn Heights Company contributes over
$160,000 a year towards meeting the interest on these bonds
this amount being the interest on the construction advances
to the Heights Company from the Rapid Transit Company,
and being included in the Heights Company’s fixed charges.
In ad iition the Rapid Transit Company receives over $100,000
a year in interest upon securities held and funds invested,
and is entitled to all the surplus profits of the t n o operating
companies.
B R O O K L Y N H E IG H T S R A IL R O A D .
( Earnings for the year ending June 30, 1897. J
This is the operating company of the Brooklyn Ripid
Transit and leases the Brooklyn City RR. lines, whose earn
ings are included below. Earnings for the late fiscal year
compare with previous years as follows :
1 8 9 6 -9 7 .
$
G r o s s w a r n i n g s ........... .................................4 , 3 9 2 ,,2 9 8
..4
298
1 8 9 5 -9 6 .
$
4 ,2 7 2 ,3 9 2
2 ,5 0 3 ,2 2 6
1 8 9 4 -9 5 .
$
4 ,0 5 2 .1 8 9
2 ,8 5 9 ,8 0 6
..1 ,7 7 4 ,5 6 )
I n c o m e f r o m o t h e r s o u r c e s ...............
2 3 8 ,2 9 8
1 ,7 6 9 ,1 6 6
2 3 2 , 6 )0
1 ,1 9 2 ,3 8 3
2 1 0 ,8 7 5
..2 ,0 1 2 ,8 5 8
..1 ,9 0 0 ,3 6 3
2 ,0 0 1 ,7 6 6
2 ,0 4 4 .3 7 5
1 ,4 1 3 ,2 5 8
2 ,0 7 5 ,8 6 5
,s u r . 1 1 2 ,4 -9 3
d e f .4 3 ,1 0 9
d e f .6 6 2 ,6 0 7
About $22,000 of expenses on account of track rentals, eti.,
which in 1895 96 were charged into fixed ch irges in 1896 97
are charged into operating expenses.
GENERAL BALANCE SHEET .TONE 30.
A s sets—
1897.
$ 4 6 5 ,5 1 0
C o s t o f r o a d a n d e q u i p m e n t . ......................................
C o n s t ! a c t i o n s u s p e n s e .....................
1 4 3 ,1 2 0
B r o o k l y n C ity R R . C o . c o n s t r u c t io n a c c o u n t . 3 ,2 7 7 ,5 9 2
B e t t e r m e n t s ...............................................................................
1 0 9 ,9 8 5
S u p p l i e s o n h a n d .........................................................
1 0 9 ,3 6 5
O p e n a c c o u n t s ........................................................................
201,770
I n s u r a n c e , e t c , p a i d ( n o t e a r n e d ) ...........................
909
C a sta o n h a n d ............................................................................
3 1 5 ,8 4 6
. P r o f i t a n d l o s s d e f i c i t ...................................................................................
2 ,8 2 1 ,7 0 4
1 5 5 ,2 0 1
2 4 4 ,9 0 7
9 0 ,7 5 3
T o t a l ....................... ................................................................ $ 4 , 6 2 3 , 9 9 7
$ 4 ,3 6 9 ,6 2 2
L ia b ilitie s —
C a p i t a ! s t o c k ............................................................................. ,
$ 2 0 0 ,0 0 0
F un ded d e b t ........................................................
2 5 0 ,0 0 0
B . R . T . C o . ’ s e q u i t y in B . 0 . o o u & t r u o t i o a t f . . 3 , 2 4 8 0 6 5
M o r t g a g e i n d e b t e d n e s s ....................................................
1 9 ,0 0 0
L o a n s a n d b i l l s p a y a b l e ...................................................
I n t e r e s t d u e a n d a c c r u e d ................................................
3 ,4 4 6
I n t e r e s t a n n u i t i e s ...............................................................
3 7 ,4 7 6
D a e o n o p e n a c c o u n t s ........................................................
2 3 3 ,5 8 0
T a x e s a c c r u e d ( n o r d u e ) . .............................................
2 0 4 .0 5 5
R e n t a l s a c c r u e d ( n o t d u e ) ................................. ...........
3 0 3 , 8 >6
P r o f i t a n d l o s s , s u r p l u s ....................................................
1 2 4 ,4 7 9
T o U 1 -. .................................................................. *1,(123,997
1896
$ 4 6 8 ,3 5 3
2,*98
3 4 7 ,7 8 5
2 3 8 ,0 1 6
$200,000
2 5 0 .0 0 0
2 ,7 5 7 ,8 5 8
3 6 5 ,5 4 6
6 8 ,9 4 5
2 5 9 ,1 2 3
1 5 4 ,7 6 9
3 1 3 ,5 8 1
$ 4,3 69 ,6 2 2
if P a y a b l e b y B r o o k l y n C i t y R R . a t t e r m i n a t i o n o f t b e l e a s e .
4 3 7 ,5 0 2
4 5 1 ,1 2 9
4 1 5 ,2 )6
N e t e a r n i n g s . .............................................. ............$ 2 4 2 , 7 7 4
9 ,3 8 2
L c o m e f r o m o t h e r s o u r c e s ........... ............
$ 2 1 3 ,8 1 7
1 8 .0 1 7
$ 1 7 4 ,1 8 2
3 6 ,1 2 9
...........
......... ...........
3 5 7 ,2 7 2
$ 2 5 1 ,8 3 4
3 4 5 ,5 6 1
$ 2 1 0 ,3 1 1
3 1 9 ,0 6 5
B a l a n c e , d e f i c i t ...................................... ............
* 5 5 ,1 1 6
$ 9 3 ,7 2 7
$ 1 2 8 ,7 5 7
T a x e s a n d fix e d c h a r g e s
...
GENERAL BALANCE SHEET ,J0NK 3 0 , 1 8 9 7 .
C ost o f r o a d a n d e q u ip . $ 8 ,3 8 0 ,9 9 0
T r e a s u r y b o n d s ..................
2 5 0 ,0 0 0
O p c D a c c o u n t s .....................
2 8 ,0 8 4
S upplies o n h a n d ...........
1,539
B e t t e r m e n t s .........................
S u n d r i e s . ................................
( ’a s h o n h a n d .....................
P r o fit a n d lo s s , d e f ic it .
1 0 ,3 43
4 ,2 1 0
7 0 ,5 7 4
3 6 6 .6 5
T o t a l ................................... $ 9 , 1 1 2 , 3 7 5
L ia b ilitie s —
C a p i t a l s t o c k , . ......................$ 2 , 0 1 0 , 0 0 0
F u n d e d d e b t . . ................... 6 , 4 9 0 , 0 0 0
I n 'e r e s t o n f u n l e d d e b t
d u e a n d a c c r u e d ........................................ 1 1 4 , 3 3 3
C o u p »n a c c o u n t ........................................... 4 8 , 4 0 0
L o a n s ......................................
3 9 5 ,0 0 0
A c c o u n t s p a y a b l e ........................................ 6 4 , 6 4 2
T o t a l ................................ $ 9 , 1 1 2 , 3 7 5
—Y . 0 4, p 753 .
G E N E R A L IN V E S T M E N T N E W S .
Reorganizations,’TStc. —
Latest D xta as to Defaults, R e o r
lanization Plans, Paym ent o f Overdue Coupons, E tc.—A ll
facts of this nature appearing since the publication of the last
issues of the I n v e s t o r s ’ and the S t r e e t R a i l w a y S u p p l e
m e n t s may be readily found by means of tne following index,
This adex does not include matter in to-dav’s C h r o n i c l e .
See index in C h r o n i c l e of Jane 19, page 1179, for additiona 1
small companies.
Note.—TJader street railways, the full faced figures refei to
Volume 65; plain type to Volume 64.
R a il r o a d s
and
M is c e l . C o .’ s .
V o lu m e 6 5 .
P age.
A m erica n P u b lish e rs’ Corpo.recur. 23a
Do
do
enm m i tees. 233
Balt. & O hio.. .L o a n o f 188 .de]. 194, 234
D o P itts. & Con. c o n s o l* ..com. 2<1
Colum b. & H C. & l.n o change recur. 277
< olum . H . V. & T o l....... deposit,.,.1*1. 2-7
C olorado M idland ............. sale. 194. 235
E d ison Ilium , o f St. L o u is .....sale. 194
M adison Square G a r d e n .......reorj. 195
O eiiens.& L a k eC b a m p ........ coupon. 1*2
O hio S ou th ern ................. foreclosure. 152
Penn. M id lan d.............................Oom. 152
P e o ria D ec. & E v . E vans.D 'v.for^cl. 195
Rich. N. I. & B ............ upset price. 240
Sum m it B ran ch R R ............s ile.112, 152
T e rre H. & Logans..saie.152; coups. 23(5
T raverse C ity.........................coupon. 230
U n ion P a cific ......................coupons. 195
Do
......................................... fo r eel. 195
D o coll. tr. 63. o a r t v a y 't o f p rin. 230
D o ............ 1st instal, un der plan. 278
St r e e t R a il w a y s .
V o l u m e s 64 a n d 6 5 —
P a ge,
A sbury P ark & B elm ar............. sale. 1223
B altim ore T r a c t io n ---------- ? m nsnl u s e
C itv & S uburban . . . . . . . . ( G0n80lA1S0
B elle City ( Racine. W is.).reor0.6 8 , 1 1 1
Do
do
......... sold-. 1 5 0
B rooklyn E le v a t e d ....
d posits. 1137
Ca-iital Ry., F ran k fort. K v — .«o(d.ll80
E n glew ood & C hicago E le c. sale. 1 9 4
4 t h S t .& Arsenal S t.L >..80*4.159, 1 1 1
K ings C ou n ty Elevated.rei>r0.1OO2,*277
L in co ln Street R y . . . ................p l a n M ? 7
N o .W e s t’ n El.(Chic.).CVm8fc O 'U n t .l 1 2
O m aha & C oun. B. R y.& B r.status.
O sw ego Street Ry. ..................plan.'& 78
P e o p le ’s R y. (S t.L o u is )...m fe .lO il; 6 0 P ittsbu rg St. R y s ...consolidati/m .1181
Sacram ento Elec.G as& R y .d e fa u lt.'£ 7 S
Saginaw C onsol. St..... ............. recwr.1043
U n ion St. Ry. (S a g in a w )......... recur.1043
American Palace Car Co.—Capital Stock Increased.— This
New Jersey corporation has filed with the Secretary of State
at Trent in a certificate of the increase of its capital st >ck
from $10,000 to SI,500.000. The stockholders include Aaron
S. Baldwin, President; Hobart Tut le, Secretary; E iward F.
Low, Hayward A. Harvey, Lawrence S. Mott and R. L .
La wrence.
Atlantic & Danville Ky.— First Dividend.—This companyhas declared a dividend of 1 per cent on its preferred shares
payable Sept. 1 at its office. Norfolk, Va.—V . 64, p. 81.
Baltimore # Ohio RR. —Coupons o f Chicago D ivision
Bonds to be P aid by Oat. 1 .—Tae following notice, dated
August 5, has been issued by M 'ssrs. J. S. Morgan & Co.:
“ Messrs. J. P. Morgan & Co. of Na;v York advise by cable
that as the result of the preliminary measures which w : con
sidered it our duty to take for the protection of tie hold ts of
the Baltimore & Ohio five per cent loan of 1937 (Chicago
Division), the receivers of the Baltimore & Ohio Riilroad
have notified them officially that they will pay the coupons
of that issue, due 1st Juae last, on or before Xst October. We
consider it advisable to retain the bonds for the present in
our control, under the agreement, ia order th it the necessary
action may be taken should default again occur.”—V . 65, p.
277.
Brooklyn H eigh t RR —Brooklyn (J teens County & Sub
urban RR.—Quarterly —These compauies operate tue lines
of the Brooklyn Rtmd Transit system. Eirniags for the
quarter ending Juae 39 have been reported as follows. State*
ment for the fiscal year will be found above.
BROOKLYN HEIGHTS RAILROAD.
3 m os. en d .
G ross
Ju n e 30—
e a r n in g s ,
1 8 9 7 . . ................ $ 1 , 1 7 9 , 5 5 2
1896
... 1 , 1 6 0 , 7 9 0
N et
e a r n in g s ,
$ 5 1 3 ,0 5 6
5 5 9 ,5 0 7
O th e r
In terest,
in c o m e ,ta x e s , etc.
$ 5 7 ,9 3 2
$ 4 6 3 ,5 9 0
6 6 ,0 0 9
5 0 1 ,0 2 7
BROOKLYN QUEENS COUNTY
1897
..... $ 1 9 5 , 1 9 9
L 8 9 6 ....................
1 9 1 ,2 4 0
—V . 64, p. 753.
$ 9 4 ,0 7 6
6 9 ,2 5 6
&
B a la n c e y
su r . o r d e f.
su r. $ 1 7 ,4 0 8
0
su r.
1 3 4 ,4 8 9
SUBURBAN RR.
$ 2 ,6 2 6
2 ,9 35
$ 8 1 ,8 8 3
8 8 ,2 6 9
su r.
cle*.
$ 7 ,8 I »
1 6 ,1 0 8
Brunswick Cumpauy—Brunswick Dock & City Improve
ment.—Reorganization P lan .—The bondholders’ committee^
consisting of A. G. Kraeizer, Jr., William O Allison and E.
Urquhart, has prepared a plan of reorginiz itioa which pro
poses to reduse the bonded indabt ^dnass from S3)0,000 to
$130,75 > The capit il stock is to remain, as ac present, at
.
$’>,000,000. An assessment of $3 a share is provided for, and.
TH E
A CGCST -31, 1897,]
CHRONLCLE.
the stockholders are to receive 80 p -r ceut of their holdings in
stock of the reorganiz-d company. The rest of the stock
(7,800 shares, or 20 per o n',) is to be retained as treasury
sto-k. The bondholders are to accept stock at the valuation
of $10 per share in payment for interest during the first three
years. The name of the ne w corporation is t j oe the Bruns
wick Dock & City Improvement C >mpia<\ The c >moany '
holds ail its original real estate iatao , including over five
miles of deep water front.—V. 61. p. 183.
Central of Georgia Rv.—Second Paym n t o f Interest on F irst
P reference Income Bonda.— I he com pa- v announces that int
erest to the amount of 2/4 per cent (19-*,000) will ha paid Oct. I
on the $4.000,(W first prefer*nee income bonds. This pay
O
ment is made from the surplus earnings of the year ending
J uds 30,1897. Oa Oct. 1. 1896 out of the surplus for th eight months ending June 80, 1898, the amount paid was fjW
j
per cent. The report for the late fiscal year is given on a
preceding page.—' . 65, p. 151.
V
Chesapeake & Ohio Ry.— Buckingham HR —Bonds Called
fo r Exchange.—The Cfnsapeake & Ohio Railway Co. gives
notic*- that it has exercised its option to retire the $396,000
Buckingham RB. bonds of 1893, giving in exchange there
for an equal amount of its own general mortgage 4*.£ per cent
bonds of 1893. Bonds not presented for exchange will cease
to draw interest.—V, 63, p. 309, 314
Colorado M id la n d By.—Committee fo r Busk Tunned
B on d s.— At a meeting In Lmdoo, August 4, the f o llo w ! g
gentlemen were appointed a committee t > protect the inter
ests of the Busk funnel bondholders, with power to add to
its number, namely, A. E, Hsmbro, J. A. Brvce, Mr. Lach
lan, Mr. Young (representing the London Trust) and Mr.
Rowe,—V. 65, p. 235.
Cumberland & Ohio RB , Northern Division.— Lonisville
& Nashville, it it.—F oreclosu re S u it. — The Louts vile & Nas villa RR, Co* and the G-rmanii Safety Vault & Trust Co. of
Louisville, as holders of b inds tong in default, hive brought
suit in the Shelby Circuit Ciutt, at 3hel * yvide. Ky., to for >
close the mortgage on the Cumberland A Ohio RR,, Northern
t
Division. The L. & R. owns $50,600 of the bonds and the
Germania Co. holds $10,0 0 as assignee of Jacob Kru-gt r, de
ceased. A. L. Schmidt of Louisville is mortgage trustee, but
he declining t » institute proceedings, the suit was brought
by the plaintiffs in their own names. The case wilt be heard
Set t, 22,
Fairmount Park Transportation C o.— Bonds f o r SSOO,000.—This trolley company has received permission from the
Philadelphia Park Commissioners to mortgage iti orop»rty
for $5-*0,000 to meet the cost of purchasing Woo laid- Park
($176 lXk)>, and other outlays, The company has in its tr**»ury $239,000 of its cipital .-tuck, which is n t considered be»t
to place on the market at the pretent time.—V. 62, p. 778,
6. II. Hammond Co.--A n n u a l Statement,—The report for
the fiscal year ending March 3i, 1897, shows that the Amer
ican company earned net, after paying interest and exchange,
£26 204. against a loss to the preceding year of £22,800. Th«
net profits of the English company, which are mostly agency
charges, amount to £7, 112, Thu American com >»nv has d >
clari d dividends during the year amounting t< £15,876,which,
>
added to the amount brought forward (£1,402), and to the
f roflts of the English company, make* a total of £34,151.
rom this has been paid the interest on debentures and cer
tificates of indebtedness, etc, (£33,570), leaving a balance of
£872, which will be carried forward. The com toy has suf
fered in the last two years by dullness of trade and com
petition.
H litrosr -iuifstr R e fin in g C om p a n y ,— O m m d id ation C on
su m m ated .— This company, whose incorporation in New J e r
sey was mentioned in the Cbhoxicce of August 7, has com
pleted the purchase of the property, patents, trad e-m a rk s,
good will, etc , of (he following plants, embracing every glu
cose property of impoitmce in the country :
tfom pa nir* a it o r i e t t —
D a ily
caiM tftu
t « tn u to h ..
Chicago Sugar Rfg. r’o.. Cbieagn. UI..........-
2 «,OOt>
A B iert-a ll O iu s e e C o., P eoria , fi| ................. 2 0 ,0 0 0
P e o ria G ra p e Suva* C o.. f»>-orte. III ............... 1 3 .0 0 0
M t M
«S«*ar K. fin in g C o., it- ' Stfor.J, III.. I0,< <K
>
D m n e r t S y r o v U tg, B o ,,D a v e n p o r t , U i.,.
9 .0 0 0
flr r o ln io h Vtfg, ( V. , Starstialltown, f -1 .......
0,000
Vu>.
:/ . ,\ • . , - •
.
T... I,;.
l,e< I
I ’ m ch o »price.*
S6.2,V>,«M >
M
cash J,7 5 0 ,0 0 0
3 0 0 ,0 0 0
...........
ca s h 7 0 0 ,0 0 0
327
The stock issued has been used to purchase the plants above
named, and to provide working capital to the amount of
- 1,500,000. Of the $12,800/ 00 preferred stock about 811/00,000
is taken by the owners of the individual plants.
The subscription price for the stock so.d was $10,(00 for 100
shares of preferred stock with a bonus of 142 85 shares of
common stock, A premium of 40 per cent is now offered for
the “ rights.” The new securities are quoted at 85 for the pre
ferred and loj-a for the common.
No bo* ds are to be issued.
It is denied that a controlling interest in the stock is held
by or in the intere-t of the American Sugar Refining Com
pany. O. H. Mauhiessen, however. President of the Glucose
Sugar Refining Company, is a sou of E. A. Macthiessen and a
nephew of F. O. Matthrefspn, a director of the American Sugar
Refining Compsuy. All the Matthiessens are largely inter
ested in the Glucose enterprise.
N ature o f P rod u ct—S ta tu s o f B u sin ess.— Willett & Gray’s
sugar j -urnal says : “ There is a praciicable unlimited ex
port d- mand for glucoep, and in this corn try it is used very
largely by brewers, confectioners, and enters as a mixture
into nearly nil syrups and molasses. It is made from corn, a
pure and healthy foundation. It is not used for adulterating
s u g a r , although if can be n d by unprincipled persons if pure
s<
sugar becomes sufficiently high in price,’’
The “ Chicago Economist ” (the company has its headquar
ters in Chicago) has obtained from a prominent insider the
following facts regarding the enterprise :
T h e e lu -o a * ooraoautos are n o w tu rn in g ant o v e r 30 oom ionrllH os,
all d eriv ed from co r n . 111 * b eliev ed lh a t th eir field can tie g re a tly en
larged. l i n t n o t o n ly w ill th ey In crease th e n u m ber o f com m o d itie s
p ro d u ce d , tint
w in
m u ltip ly b y
im n y
tim «s th e
nu m ber
o f cu stom ers th ey n o w h a v e In fo re ig n co n n tries. F ifte o n or
tw en ty y ea rs a s o th ere w ere perhaps fifty g lu cose co n ce rn s In
the U nited S tates, T h eir m eth ods w ere cru d e. T h a t fifty lias d w in
dled d ow n to 8C ireel v m ore th an h a lf a d -z a n , at-d la tte r ly th e y h a v e
been m ak in g n o m on ey b eca u se o f the h o t c o m p e titio n . T his n ew
com pan y pa ts an en d to that state o f rb in e s , a n d a vast- s a v in g w ill ha
effected. Not the Ic.i-t a d v a n ta g e w ill tie hi the a b ility t o e m p lo y the
m ost s tille d e x p o r t* in ch e m is tr y . G r e a t -advances h a v e b een m ade
lu glu cose m a n u fa ctu re d u rin g th e past fe w years, th e p ro d u c t ris in g
from a b ou t 2 0 p o u n d s to 3 0 a n d 40 p ou n d s to th e bu sh el o f co r n , b u t
what, are k n ow n *9 b y -p ro d u cts , fo rm e rly w a sted , a re n o w re g a r d e d as
perhaps ev e n m o t - Im portan t th an th e m a to p r o d u c t, a n d th ose w ho
k n ow rn i*t a b ou t th e in d u stry d e c la r e th a t tt la tn Us in fa n ov . This
1 rin g the ca s e , th e o u tlo o k fo r t h e n e w c o n c e r n Is m ost e ■oou raglng.
Officers, D irector* a n d S tockholders.— The company occu
pies offices • the eighth floor of the Rookery Building ia
,n
Chicago. The officers are: C. H. Masthieasen, President;
William Dickinson, Vice President; George Firminich, Second
Vice President: S.T, Butler, Secretary and Treasurer; Charles
Glass, Assistant Secretory ai d Treasurer.
Directors: C. H. Mmthiessen, F. O. Mattbicssen, E. A ,
MaUbiessen, Normon B. Beam, William Dickinson, George
Firminich, Edwin Myor, S. T, Butler, A. U. Garreteon.
Beside* the Matthie-wens the largest stockholders include:
J. P. Morgan, J. W . Deane, Norman B. Ream. Marshall Field,
L. Z. Loiter, U, P, Flower, A. N. Brady, Harriman & Co., and
Blair,A C o .-V . 65, p, 235.
Kansas City Watkins A Huif Ry.—J, B. Watkins Land
Mortgage.— fitortia«/zation Committee*.—A committee con
sisting of William If, Mule, Chairman; D. O. E-mbtmgh, Pres
ident New England Loan & Trust Co., and Tlieron G,
Strong, of Strong, Harmon At Muhewson, has been formed
at the rt quest of bolder* of considerable in amount of the
bond* of tlv-e oompanics as a protective and reorganisation
committee for -uch bond, note or certificate holders as may
subscribe to the plans to be prepared in due course. Iu the
meantime interested parties are strongly urged to retain posacssion of tin irbond*, not' •or certificates, and promptly e >mmunicato with this e oimittee. giving particulars of their
holdings. The address of the comm ttoe is care Strong, Har
mon A Hathewfton, No. 45 William Street, New York.—V.
t
60, p, 662; V. 64, p. 408.
Lake Shore A Michigan Southern RR.—V«o Presi
de n t . —The directors on Wednesday elected Samuel R, Calla
way Pres dent of the road to succeed D. W . Caldwell, de
ceased. The new President has been at the head of the New
York, Chicago & St. Louis RB. since 1895; from 1887’95 he
was President of the Toledo St. Louis & Kansas City, and
from lljHt si Second Vice-President and General Manager of
the Union Pacific.— V. 05, p. 27,
......... .
Lewiston A Anhnrn (Electric) RR.—Bonds Purchased
by Syndicate—Extensions.—A, controlling interest ($150,000)
in the consolidated mortgage bonds of this road is reported to
have been purchased by a syndicate consisting of Galen C.
tion* "
The certificates of new stock are now being i- ue i in 10- Moses and Fritz Twitchell of B ith: I. C. Libby, of Waterchange for the Trust receipt s issued by the Illinois Trust & rille, and Amos F, Gerald, of Fairfield, ia connec'.ion with
Boston and New York capitalists. It ia proposed to reorgan
Savings Back.
William and Cicero Hamlin, as representing the American ize the company atd issue new bonds for the purpose of
Glucose Company, bind themeelves not to engage again in the building ex ten-ions to Brunswick, Bath, Turner and
manufacture of glucose within 1,000 miles of Chicago. This Ssbattua, about 81 mil ’s in all. The company now operates
14% miles of track from Lewiston to Auburn,
will exclude them entirely from the corn dmtrie.t.
.............
T o t a l a b o u t ........... ............................ ............... 1 0 5 ,0 0 0
.............
* tn m u s s etw this is elated tube in addition to " o t h e r co n sid e ra
ee
Cellulose Co.—Marsden Company.—
C a p italization —The capitalization of the new company is
stolen as follow*:
Relation o f C om pan ies.— A Philadelphia piper says :
C om m on Stork, en titled t o 7 p e r r o o t p er anm iro a fter
th e p re fe rr e d *Un k has re c e iv e d 7 p er ce n t, sit'd there
a fte r to share eq u a lly w ith the p referred Si, all o th er itivi< • * • nu-UetU ed l - .u e ................................................................. $ 2 0 ,0 0 0 ,0 0 0
!• • 1
O a t* t»D * llM ___- _____- ......................... ....................... ................. 2*.-*36,000
tn trea su ry ............................................................ ......................... 1,7 1 4,0,-0
P r r f r reel Sh.Kk. en titled to 7 p er ren tctu n ti t o il* * d iv id en d s
an d t o share eq u a lly wlUt com m on Stj all d iv id e n d s a fter
b o th s to a t* h a v e r e c e iv e d 7 per cen t, a u lh o r ir -d issue .$ 1 4 ,0 0 0 ,0 0 0
O n tx ra n d m g............................................................................... ........ 1 2 ,3 0 0 .0 0 0
/ u t r e a s u r y .................... .
............................................. . . . . .
J .’IOO.OCO
Thu Mursdnn A m erican C ellu lose Oo. is c a p ita liz e d at $ 1 ,0 0 0 ,0 0 0
(lu u .o o I 8lt(H»a), par v a lu e $10 ea ch . T h e e n m e a o y > w n e d all the
oatenta fur m a n u fa ctu rin g ci-llulose. Tim M araden C uinpany p u rcliiisw i nil ih s pnt-nt.« ami p rop erty o f the Marailen A m erican I'e llu lo s s
Go. fo r 2 2 ,0 0 0 a bare a fu ll-p aid om oaion s to c k o f th e M aradeo om pauy. T his stock In In the trea su ry o f the Marwteu A m erican C-uiuIosa
Go., an d u p on tin 'lis tr lb iu lo n . m il later th a n F e b ru a ry 15 n e x t, there
will be fo r e a ch 100 ab *re» o f the Maraden A m erican C ellu lose Oo. 22
•hares o f the M ursdeu O m p s n .v distribu ted , and upon th e d istrib u tion
the M arsden A m erluau C ellu lose Co. s i l l g o o u t * f e x is t e n c e .- V. 6 5,
P. 235.
Margden American
THE
328
C H R O N IC L E .
McKeesport Dnquesue tt Wilinerdlng Street Ry.— Prop
Sold,—This street railway was sold at receiver’s sale at
McKeesport on A us:. 4, and was bought in by Horace G.
Crosby, Assistant General Manager of the National Tube
Works Company, and a heavy stockholder in the road, for
#175 0(0.—V. 61, p. 707.
Metropolitan Traction Company.— Metropolitan Street
R j r - Dissolution and Exchange o f Securities.—A meeting ot
the stockholders of the Metropolitan Traction Co. will he held
at No. 621 Broadway, New York City, on Sept. 14, 1897, at, 10
A . M .. for the purpose of voting upon a proposition to dissolve
the Traction Company and to issue to each Traction share
holder in exchange for his Traction stock an equal amount
of Metropolitan Street Ry. stock, share for share, and in
addition thereto further securities to the amount of 20 per
cent of the par value of his stock.
President Yreeland has issued the following statement
regarding the proposed exchange :
erty
T h e M e t r o p o lit a n
T r a c tio n C o. h a s
s u b s t a n t ia lly a c c o m p lis h e d th e
o b j e c t o f i t s o r g a n iz a t io n b y u n it in g in o n e s y s t e m m o s t o f t h e s u r fa c e
r a ilr o a d s in t h e o it y o f N e w Y o r k .
T h e g r e a t a d v a n t a g e t o t h e p u b lio
fr o m th e u n io n o f s u c h r o a d s h a s le d to th e
e n a o t m o u t o f s t a t u t e s in
th is S ta te u n d e r w h ic h s t r e e t r a ilr o a d c o m p a n ie s th e m s e lv e s m a y n o w
a c c o m p lis h
stock ,
d ir e c tly th e
a n d le a s in g .
con cen tra te
in
th e
sam e
a v a ile d
M e t r o p o lit a n
p r o p e r t ie s b r o u g h t t o g e t h e r
its s y s te m .
r e s u lts b v o o n s o lid a tio n , p u r c h a s e
W o have
T h e o o m b in e d
8 treet
R a ilw a y O o . a ll t h e v a r io u s
b y th e T r a c t io n C o m p a n y a n d m a k in g u p
p rop erty
is
d ir e c tly
c a p it a l s t o c k o f t h e S tr e e t R a ilw a y C o. n o w in
tio n C o m p a n y .
real ow n ers
not
The
s to c k h o ld e r s
T h ere seem s to
n o w r e c e iv e
th e
of
o u r s e lv e s o f th is a u t h o r it y to
o f th e T r a c tio n
be no
s t o c k w h ic h
rep resen ted b y
rea son
d ir e ctly
th e
th e h a n d s o f th e T ra c
C o m p a n y a r e th e
w h y t h e s e o w n e r s s h o u ld
rep resen ts
th e ir p r o p e r ty
a m i a t th e s a m e t im e b e r e lie v e d fr o m th e n o w u n n e c e s s a r y b u r d e n o f
d o u b le a d m in is tr a tio n a n d v e r y h e a v y d o u b le t a x a t io n .
The
e n tir e a s s e ts
o f th e T r a c tio n
C om pany
t o b e d is t r ib u t e d w ill
c o n s i s t o f $ 3 0 , 0 0 0 , 0 0 0 o f s t o c k o f t h e M e t r o p o l i t a n 8 t r e e t R a i l w a y C o .,
b e in g th e e n tir e c a p ita l s to o k o f th a t c o m p a n y , a n d o th e r p r o p e r ty an d
s e c u r it ie s v a lu e d a t a b o u t $ 6 ,0 0 0 ,0 0 0 , w h io h o a n r e a d ily b e e x c h a n g e d
o r c o n v e r t e d in t o s e c u r it ie s c a p a b le o f d is t r ib u t io n .
E a c h T r a c t io n s t o c k h o ld e r w ill r e c e iv e in e x c h a n g e f o r h is T r a c tio n
stock an equ a l a m ou n t o f
M e t r o p o lit a n
S tre e t
R a ilw a y
[VOL, LXV.
Oregon Improvement.— Foreclosure Decrees E n tered .—
Foreclosure decrees were entered on Saturday under both the
first and the consolidated mortgages.
Time f o r Deposits Extended to Aug. SO.—Second Instal
ment o f Assessment Called. —The Waterbury reorganization
committee notifies depositors of the company’s consolidated
mortgage bonds and preferred common stocks, and also
holders of those securities, that the time for depositing
the last-named without penalty has been extended
to August 30, and that the first instalment of the
assessments which has heretofore been called must be paid
before that date, with interest up to the time the payment is
made. The second instalment of the assessments is called
for payment on Aug. 30. On the consolidated bonds it is
812 50 on each one thousand-lollar bond, on the preferred
stook §1 25 per share and on the common stock §1 per share.
—V. 64, p. 1225.
Peoria Decatur & Evansville Ry.— Time fo r D eposits toend Sept. 1.—The Scudder Committee notifies the holders of
the company’s stock and bonds that the limit for receiving
deposits for bonds and subscriptions under the plan of reor
ganization is fixed at Sept. 1, 1897. Deposits and subscrip
tions should be made on or before that datp, at the New York
Security & Trust Co.. 46 Wall St., New York.
Plan o f F irst Mortgage Commiteee.—The first mortgage
bondholders committee, Walston H. Brown, Chairman, has
prepared a plan of reorganization which will be submitted
to the security holders of the company as soon as an ex
amination, now being,made by an expert, justifies the com
mittee in assuming that the proposed plan furnishes money
enough to put the road and rolling stock in order. Under
this plan the holders of the first mortgage bonds, repre
sented by the committee, will receive new 5 per cent first
mortgage bonds, at par, for their present bonds, and a
bonus of 10 per cent in preferred stock. The committee
lias received an offer to underwrite the whole plan if the
expert’s report is favorable. The committee, therefore, ad
vises the holders of first mortgage bonds to deposit their
bonds promptly with the Atlantic Trust Company, No. 39
William Street, New York.—-V. 65, p. 195.
s to o k , sh are
Steinway & Sons, Limited — Exp'oited in London.—This
English company has been formed ior the purpose of acquir
2 0 p e r c e n t o f t h e p a r v a lu e o f h is s t o o k . A b la n k p r o x y t o v o t e in
ing the corporate stock of Stein way & Sons, the well-kn >wn
f a v o r o f t h is a c t io n a n d t o g i v e t h e n e c e s s a r y s t a t u t o r y c o n s e n t is in
piano-forte manufacturers. The new company is capitalized
c lo s e d .
for £1,250,000, divided into 75,000 five per cent cumulative
We are informed that the 20 p^r cent distribution to the preference shares of £10 each and 100,000 ordinary shares of
Traction stockholders will probsbly be made in scrip or short- £5 each. Of these amounts there have recently been offered
time notes. The securities referred toas owned and convertible for subscription at par in London 70,000 preference shares and
into securities capable of distribution are the following stocks: 91,120 ordinary shares. The purchase price for the property
C om pany.
P a r v a lu e.
V a l u e d a t.
was fixed by the vendors at £1,080,600, and the difference
B r o a d w a y & S e v e n t h A v e n u e R R .......................... $ 1 , 4 4 0 , 0 0 0
$ 2 ,8 0 0 ,0 0 0
between this amount and the total share capital now offered
F o r t y - s e c o n d & G r a n d S t r e e t F e r r y R R . ..........
4 0 0 ,0 0 0
1 ,4 4 0 ,0 0 0
to the publio will, when paid up, provide an addition of £75,C e n t r a l P * r k N o r t h & E a s t R i v e r R R ..................
3 0 i\ 0 0 0
54 0 , 0 0 0
T h l r t y - f o u i t h S t r e e t C r o s s t o w n R y .........................
9 9 0 ,0 0 0
9 9 0 ,0 0 0
C00 to the present working capital.
— V. 6 5 , p. 2 7 3 .
The following is taken from the company’s prospectus;
Mexican Central By. Company (Limited).—Earnings.—A.
T h e p r o p o r t io n o t th e s to c k o f S tein w a y & S on s n o t a t p re s e n t b e in g
comparison of operations for the lirt-t six months of 1897 and a cq u ire d b y th e co m p a n y , co n s is tin g o t le ss th a n o n e -te n th , re m a in s
th e p r o p e r ty o f o n e p e rs o n , w h o is n o t a tt r a c t e d b y th e p r ic e a c c e p t e d
1896 shows the following :
f o r s h a r e , a n d in a d d itio n th e r e to fu r th e r
s e c u r it ie s to th e a m o u n t o f
1897.
G ro s s e a r n in g s (M e x . c u r .) .. $ 6 ,5 6 7 ,7 5 4
O p e r. e x p o n s e s (M e x . o u r .)..
4 ,3 7 6 ,2 3 7
1896.
$ 4 ,8 3 5 ,7 8 8
3 ,1 2 1 ,4 1 2
I n c . o r D ec.
T n o. $ 1 , 7 3 1 , 9 6 5
I n o . 1 .2 5 4 .8 2 6
N e t e a r n iu g s (M e x . c u r .) $ 2 ,1 9 1 ,5 1 7
A v e r a g e ra te r c e e iv e d fo r
M e x i c a n d o l l a r s ......................... 4 9 - 9 0 o t s .
N e t e a r n i n g s (U . 8 . c u r ) ......... $ 1 , 0 9 3 , 6 1 3
M i s c e l l a n . o n e i t e m s ....................
1 0 ,5 2 0
$ 1 ,7 )4 ,3 7 6
I n o . $ 4 7 7 ,1 4 0
5 4 -2 2 ots.
$ 9 2 9 ,5 5 5
1 8 ,3 1 9
D e o . 4 ' 3 2 o ts .
I n c . $ 1 6 4 ,0 5 8
D e o . 7 ,7 9 8
T o t a l ............. .............................. $ 1 , 1 0 4 , 1 3 4
S i x m o n t h s i n t . o n b o n d s ____
1 ,1 8 9 ,3 0 0
$ 9 4 7 ,8 7 4
1 ,1 5 5 ,0 9 4
I n o . $ 1 5 6 ,2 6 0
I n c . 3 4 ,2 0 5
$ 2 0 7 ,2 2 0
D e c .$ 1 2 2 ,0 5 4
D e f i c i t ...........................................
$ 8 5 ,1 6 6
The net income of the subsidy trust fund for the first six
months of 1897 was §103,158; the deficit from the operations
of the railway, as above, was §35,166, leaving a surplus of
§17,992. The halance of the subsidy trust fund on July 1,
1897, was §3,192,574. and the investment in the §5,597,000
priority bonds, §6.123,646, making a total security July 1,
1897, for payment of interest on the mortgage bonds of $9,315,220.—V. 64, p. 888.
New England R.R.— Quarterly.—Earnings for the quarter
and the twelve months ending June 30 have been reported as
follows. The results for 1895-96 include the operations for
the two months (July and August) before the present com
pany canoe into possession of the property.
3 m os. e n d 'g
d ross
N et
Jun e 30.
e a r n i-g s .
e a r n in g s .
1 8 9 7 .....................$ 1 , 3 7 6 , 2 9 4 $ 4 3 9 , 9 1 8
.1 8 9 6 .
.
. 1 ,3 9 0 .6 2 6
3 7 8 ,1 3 0
1 2 m o n th s—
1 8 0 6 9 7 . . . $ 5 ,2 3 7 ,1 9 0 $ 1 ,2 3 9 ,3 1 5
1 8 9 5 -9 6
5 .9 4 8 ,2 1 2 1 ,6 7 4 ,1 9 7
— V. 64, p. 953 .
O th e r
in co m e.
$693 96
5 ,4 5 1
In terest,
B a la n c e ,
ia x r s .d e .
s u r o r d e f.
$ 3 9 8 ,6 8 6 s r .$ l 1 0 ,3 2 8
3 7 6 ,8 2 7
s u r .6 ,7 5 4
$ 8 9 ,8 4 6 $ l ,5 7 1 ,2 5 4 d e f $ 2 4 2 ,0 9 3
1 8 ,7 2 7
1 , 5 7 7 , 8 4 9 s u r . 1 1 5 ,0 7 5
New Ei gland Telephone & Telegraph.—SI,039,500 New
Stock —The directors have ordered that 19,395 shares of treas
ury siock be offered at par to stockholders of record August
21, 1897—one share for every ten shares then held. The right
to subscribe will expire at 1 P. M. September 18, 1897. Pay
ment fo-- full shares equal to one-half of the shares so sub
scribed for must be made November 4. 1897, and for the re
mainder February 8, 1898.—V. 65, p. 195.
New Jersey Zinc Co.—First Dividend.—The company has
declartd the first dividend, \l4 per cent, payable August 25,
1897, at its office, to stockholders of record on August 14 —
V . 65, p. 195.
b y th e o th e r v e n d o rs. T h e u n issu e d c a p ita l w ill b e a v a ila b le t o r t h e
p u rc h a se o f th is in te re s t o r f o r o th e r p u rp o s e s. N o d e b e n tu re s c a n b e
issu e d u n d e r th e a rtic le s o f a ss o cia tio n . T he p u rc h a se p r ic e w ill b e
p a y a b le in ca sh b u t th e v e n d o r s h a v e th e r ig h t t o s u b scr ib e a n d p a y
f o r a t le a st £ 2 0 0 ,0 0 0 o f p re fe r e n c e o r o r d in a r y sh a res, o r b o th .
T he p re fe re n ce sh a res w ill b e e n title d o u t o f th e p ro fits t o a fix e d
cu m u la tiv e p re fe re n tia l d iv id e n d o f 5 p e r ce n t p e r a n n u m , p a y a b le
h a lf-y e a rly o n F e b ru a ry 1 a n d A u g u s t 1 in e a ch y e a r, an d w ill ra n k in
r e s p e c t o f ca p ita l in p r io r it y to th e o r d in a r y sh a res. T h e firs t d iv i
d e n d w ill b e ca lcu la te d fr o m th e p a y m e n t o f th e In sta lm e n ts o n b o th
th e o rd in a ry a n d p r e fe r e n c e shares.
T h e fre e h o ld p r o p e rtie s in th e U n ite d S ta tes h a v e b e e n v a lu e d a t
£ 2 6 7 ,4 6 0 b y F o ls o m B ro th e rs an d J u liu s v o n H u n n e rb e in , w e ll-k n o w n
v a lu e r s o f N e w Y o r k . T h e b a la n o e -sh e e t o f D e c e m b e r 3 1 ,1 8 9 6 . s h o w s
a m o n g th e p rin c ip a l assets, s to o k o f p ia n o s, fin ish ed a n d u n fin is h e d ,
£ 1 3 7 ,1 5 1 , s to c k o f tim b e r a n d m a te ria ls, £ 1 2 7 ,1 7 6 , a n d b o o k d eb ts,
£ 3 7 ,7 8 0 . T h e o th e r t a n g ib le a ssets a re le a se h o ld s and s to c k in L o n d o n
a n d H a m b u rg , m a c h in e ry a n d p la n t, fix tu re s , uten sils, h o r se s a n d
v a n s , b ills, s e cu ritie s a n d ca sh . N o a tte m p t has b e e n m a d e to p u t a n y
v a lu e s o u th e p a te n ts a n d p ro ce s s e s. T h e s to c k h a s b e e n ta k e n an d
th e b o o k d e b ts v a lu e d o n th e sam e lin e s as f o r e le v e n y e a rs p a st. N o
m a te ria l ch a u g e is c o n te m p la te d in th e m a n a g e m e n t o f th e n u sin ess,
a n d th e p r in c ip a l d ir e c to r s an d m a n a g e rs h a v e a g re e d to a c t as d ir e c
to rs o f th e n e w co m p a n y .
M essrs. G. N. R ead , S on & C o., ch a r te r e d a c c o u n t a n ts , c e r t i f y th a t
th e n e t p rofits, a fte r f u lly p r o v id in g f o r d e p r e c ia t io n o f p la n t a n d
m a ch in e ry , b u t w ith o u t ch a r g in g in te re st o u d e p o s its a n d r e m u n e r a
t io n f o r m e m b e rs ’ s e rv ice s as m an ag ers h a v e b e e n :
1 8 8 6 . . $ 4 6 0 ,9 5 7 i 1 889 ..$ 4 5 4 ,2 5 3 , 1 89 2 ..$ 4 1 3 ,9 8 2 |1 8 9 5 ..$ 4 1 3 ,3 9 4
1 8 8 7 .. 4 4 9 ,2 9 4 1 8 9 0 .. 4 6 0 ,0 1 5 1 8 9 3 .. 3 4 4 .6 7 4 1 8 9 6 .. 2 9 5 ,5 2 0
1 8 8 8 .. 4 2 9 ,4 7 5 | 1 8 9 1 .. 5 2 9 ,9 9 7 | 1 8 9 4 .. 3 4 9 ,9 7 1 |
T h e v e n d o rs a re so satisfied th a t th e r e d u c tio n in th e A m e r ic a n p r o
fits o f 1 8 9 6 w a s e n tire ly d u e to th e fin a n cia l d e p re s s io n ca u sed b y th e
c r » i 8 o n th e s ilv e r q u e stio n th a t th e y h a v e a g re e d t o d e p o s it £ 100,000
in th e b a n d s o f in d ep en d en t tru stees, i o b e in - e ste d in B ritis h G o v e r n
ment. se cu ritie s fo r th re e ye a rs, a n d m a d e a v a ila b le in c a s e th e p r o fits
f o r th a t p e r io d sh o u ld in a n y o n e y e a r b e in su fficie n t t o p a y 8 p e r ce n t
p e r an n u m o n the o rd in a ry sh ares. T h e v e n d o rs a re a b s o lu t e ly c o n
fid e n t th a t re c o u rs e to su ch fu n d w ill n o t b e n e ce ss a ry . T h e a m o u n t
re q u ire d t o p r o v id e a n n u a l d iv id e n d s w ill be as f o llo w s :— F iv e p e r
ce n t o n £ 7 5 0 ,0 0 0 p re fe re n ce sh a res. £ 3 7 ,5 0 0 ; 8 p e r ce n t o n £ 5 0 0 ,0 0 0
o rd in a ry s h a re s, £ 4 0 ,0 0 0 ; t o ta l £ 7 7 ,5 0 0 .
Wheeling & Lnke Erie Ry.— Trust Receipts Listed —First
mortgage (Lake Erie Division) 5 per cent bonds of July 1,
1886, for $1,735,000 having been deposited with the Guaranty
Trust Company pursuant to the agreement prepared by the
ci mmittee, of which George Coppell is Chairman, the en
graved certificates of deposit representing said bonds have
been listed on the New York Stock Exchange, permission be
ing also given to list further of said certificates from time to
time as issued, to the total amount oi the loan, viz., §3,000,000.
—'V. 65, p. 195.
TH E
AUGUST 21, 1897.]
2
Jhe
C o m m e r c ia l
329
CHRONK L K
C
g im c s *
O
T
T
O
N
.
Friday N ight , August 20, 1897,
The Movement of the Crop, as indicated by our telegrams
C O M M E R C I A L
E P I T O M E .
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 19,081 bales,
FredaT N ight, August 30, 1397.
against 7.898 bales last week and 4,-32 bales the previous
No changes of a radical nature have oceurr. d in the gen week, making the total receipts since the 1st of Sept., 1896,
eral business situation. Merchants generally have reported a 6.712,9dt) bales, against 5,269,199 bales for the same period of
fair amount of activity in the various lines of merchandise- 1895-6, showing an increase since Sep 1,1896. of 1,443,761 bales.
and the changes in values where made have been, as a rule1 R eceipts a t—
Sat.
Flics,
M on.
Wed. Thurs.
F ri.
itt/Ull,
toward a higher basis. The continued activity and advancing G a lv e s to n ,........ 1 ,312
677
897
982
1,055
920
5 ,8 4 9
prices in the wheat market have beenViewed with much satis
......
..........
T e x . C ity, &c.
......
......
8 89
faction by the business classes in general and has had a ten" N e w O rle a n s...
3 ,3 0 2
2 ,458
608
1,232
2 ,9 6 4 1 1 ,4 6 3
6
15
2
5
7
37
2
dency to further strengthen the belief generally shared by M o b ile ...............
......
.........
.........
F lo rid a ...............
......
merchants in mote prosperous tusinees conditi. ns. The in
S avannah — ..
13
134
15
27
80
71
340
auguration of wool auction rales in this market on Wednt s"
.........
......
B n in g w 'k .& c,
......
......
......
......
day received corgiderabie attention, but the result was some C h a rleston .......
4
44
12
4
15
2
81
____ _
.........
......
F t. R oya l,V o.
......
thing of a disappointment to the trade.
..........
14
1
1
1
17
Lard on the spot has had only a moderate sale, but at the W ilm in g to n —
W ash" to n , 4&e.
West a large volume of business has been transacted and N o r f o lk .............
........2
200
4
1
64
prices have advanced, closing at 4-95e. for prime Western N’ p 't N ew s, Ac.37
37
..........
and 4}<£c. for prime City. There has been a fair call for refined N ew Y o r k ........
......
......
......
......
......
30
75
23
79
137
79
4 23
for the Continent and values have advanced to 5S0c. The B o s t o n ...............
____ _
......
30
30
local market for lard futures has been neglected, but at the B a ltim o r e ........ . . . . . .
FUiladel’ a, <kc...
168
39
88
217
512
West there has been an active speculation and prices have
advanced on buying by packers against large spot sales T o t. this w eek 2 .648 4 ,1 6 8 3 .6 0 5 1.719 2 .5 2 6 4 .3 9 1 19,060
and outside buying for investment account. The close was
The following shows the week s total receipts,the total since
firm.
Sept 1, 1890, and the stock to-night, compared with last year:
DAirr closiso raicra or u u rtmnuts.
O c t ......................................c .
Sat.
4*0
M on,
4-35
Tut*.
4 -8 5
Wed.
4 'n u
Thu re.
4-90
F ri
4-97
This
w eek.
G a lv e s t o n ...
T ex.
N e w Orleans
M o b ile .........
F lo r id a .........
S a v a n n a h ...
B r’ w ick ,A c.
C h a rle sto n ..
P. R oya l, AcW ilm ington .
W M il'll, A c .
N o r fo lk ........
N ’ porfclf.#&e
N e w Y o r k .,,
B o sto n .. ... ..
B a lt im o r e . .
F h il* a p * o .
1 8 9 5 -9 6.
This
w eek.
S in ce Sep.
1 ,1 8 9 6 .
5 ,8 4 9 1,3 5 0,71 4
112,731
11,463 2 ,0 9 1 ,6 5 5
37
2 9 1 ,4 7 2
......
8 8 ,5 2 3
340 '8 4 2 ,4 5 3
1 7 7 ,26 6
81
398,541
7 3 ,5 0 5
2 34 ,04 2
17
857
271
7 0 4 ,60 1
37
19,158
4 8 ,6 9 5
423
162,157
30
0 3 ,4 0 6
513
5 2 ,4 7 2
Stock.
S ince Sep.
1 ,1 8 9 5 .
1 39 7 .
15,0 13
9 4 9 ,4 5 2
76
1 1 3 ,72 5
10,675 1,7 8 0,68 1
1 9 0 ,4 1 5
513
3 3 ,8 9 4
7,031
7 6 .9 1 2
115,384
2,300
2 8 2 ,6 7 0
7 7 ,5 1 3
181
1 7 1 ,1 7 2
......
767
701
8 3 8 .9 4 2
1 7 1 ,03 5
127
53,1 49
81
1 2 7 ,1 6 9
4.8,901
200
4 5 ,3 8 8
1896.
6 ,553
2 1 ,2 1 8
11,405
1,353
.
8 ,2 4 6
817
1,119
2 8 ,4 6 3
3 ,3 9 2
336
530
43,9 69
2 ,5 0 0
82S
1 ,9 8 3
T o ta l* ........ 1 9 .0 6 0 6 ,7 1 2 .9 6 0 30,961 5 ,2 6 9 ,1 9 9
7 9 ,6 4 0
* 1 ,4 8 # b a lm a d d e d as eoi rvotlon o l r e c e ip t* s in ce S ept. X,
..........
9 ,9 0 1
452
1 1 ,9 0 3
....
1 ,1 6 0
2 ,0 5 6
50
68,4 71
2 ,0 0 0
3 ,8 2 1
4 ,0 8 5
154 ,97 5
In order that couqKirison may be made with other years,
we give below t he totals at leading ports for six seasons.
1 89 3 . j 1892.
R eceip ts as—
1 89 7 . : 1898.
1895. i 1894.
G a lveW n ,*#,!
N ew O rleans
M o b ile ,.. . . .
Savannah...!
Chms'tou. An.
W llm ’tOn, A o
N o r fo lk ........
N. N ew*, A c.
A ll o t h e r s .
5 .8 4 9
11,461
37
*340
SI i
17!
27F
37
90S
15.097
10,075
5191
7,031
2,300!
J8I
7011
127 f
341
T o t. this w k ,
ltt.oeol
30.9 81
7161
085
30;
579;
« i
15!
1001
........|
509
2,715:
0,484:
5 .4 7 3
93
637
40
14
601
20
554
14,122
2 ,6 1 5
3,0051
1021
2,444
243
2«
1 ,8 0 2;
505!
1,032|
12,414
3 .8 8 8
5 ,2 7 6
91
9 41
228
43
207
642
562
11,878
! m 8'■]»t. I 6*1 '*,90015289,199 7 872,201 5 9 4 5 ,9 1 0 i5 09 5 ,3 0 2 ! 7 i 3 1 ,0 0 9
■ .*« * >
idfckg this evening reach a total
of 9,221 bales, of which i,W2 were to Great Britain, 1.316
to France a n d 5,KIH to the rest of the Continent. Below
are th •exports for th weak and since Sept, i, 1898.
feenorti
fr w n -
; W eek E n d o w A m . 20 i m .
E x p o r t'd m~~
G a lv e s t o n ,.,,
Tear. City, A s, J
N ew O rleans..
M ob ile ........ .
P«HWWOl».ae,.i
S a v a n n a h ......
.......
......
2,U S
........
..........
C h a rle sto n ...,
P o r i R o y a l,............... .
W iim in irton .,, . . . . .
N o rfo lk ..____
_____
N 'p o rt N., Ax..j ....... ■
N ew Y o r k .......j ..
B o s t o n .........i l l
B altim ore.
i __...
P h iladelph ia.,)
m l
San Frau., Ac. j ..... .j
Total,.......
86
,6 1
T o ta l. UfctMflJ l a y s -
From Sept. L. ISW , to A m . 20, 1897,
E xp orted to—
G reat
<3*1*44- r a m
n m t. W eek. B ritain
O rm t ^
\BrU*n.\
Em m '-
711,291 2«Jl,59i
1.0ft-1
4.210
7,718
.........
im
m&
til
S0*
$42
172
. ..
1,210
5.3*6
276
2.607
849,169 427,851
llii.112
........
60*732
48,20 ■ 15,334
78,m
71.000
95,431
6,2X1
118,320
9,063
3 3,070 3-,707
228.04 5 .....
80,717
8,798
12,000
3,661
9.224 3,015.0d3
i]
1!
Pork has had a fairly large sale and prices have advanced,
closing firm at §8 75@& 25 for old mess, $1) 75 u 10 25 for new
mess, $10 11 for family, and $9 75 g 11 7.5 for short clear.
Cut meats have had only a limited sale, but values have
held firm, closing at 9%<ijfTi4c - for pickled bellies. 12'tflO
lbs. average,
for pickled shoulders and 8*j©
9c.
for pickled
hams.
Beef lias been firm but
quiet, closing at $7 505*8 Q0 for mess, $8{<rfl for jacket,
fH 5*>£9 00 for family and $12 50 t i l 50 for extra India
mess. Beef hams have been quiet at PflfSSfl. Tallow
has had only a limited sale, but values have held steady,
closing at S% Q 3% b. Qleo stearine lias had a limited sale at
steady values, closing at 5c. lard stearins has advanced,
closing at 5’ gftt6c. Cotton seed oil lias l>cen quiet but steady
at 25^@26*^c. for prime yellow. Butter lias been firm and
high for choice grades, closing at i 11.,<» 17l ,v. for creamery.
Cheese has been in fair export demand ami firm, closing at
for State factor}-, full cream Fresh eggs have
been in fair demand and higher, closing at
for
choice Western.
Business in the market for Brar.il grades of coffee has been
quiet and prices have weakened slightly under u continued
large crop movement, closing at (F£o. for Rio No. 7. Mild
grades have had a better sale, but at lower values, closing
at 13}4@i8e. for good Cucuta and 24c. for standard Java. The
speculation in the market for contracts has been quiet and
prices have declined under moderate offerings bv local deal
ers, prompted by the large crop movement. Tfie close was
steady. Following were tmal asking prices:
.................. 6 45c. I Nov................. 6 01 C i Feb....................6-BOc,
.
8e|,t......................... 650e. I D e c . . . . . . . . . . . . #*».*••. M a r c h .................. 7-UJo
Oct................... 6-50e. I J.ui................. 0-8Sc. I War................ 7-Kr
Raw sugars have been firm hut quiet at 8Ve. for centrifu
gals. 96-deg. test, and SKfc. for muscovado, StMleg. test
Refined sugars have been quiet and unchanged at 5c. for
granulated. Molasses and syrups have been fairly active
and firm. Spices have advanced ou speculative buying.
Teas have held steady on reports of crop shortage.
Kentucky tobaco, has had a fair sale for export for direct
shipment and firm prices have been paid. Seed leaf to
bacco has had only a small sale, but values have been firmly
maintained. The sales for the week Were 75 >cases, as fol
lows: 180 cu es 1895 crop, Zimmers. l.Vklflc.: ISO cases 1893
crop, Wisconsin Havana, Himllc,; ISO case* 1895crop, Penn
sylvania Havana, 12c.; 100 eases MM crop, New England
Havana, I9i325c.; 10 eases 1394 crop, (lebhards, 11c., and
0
100 cases sundries.
also 140 bales Havana at 80 to
$1 05 in bond and 225 bales Sumatra at jl 15 to $2 $5 in
bond.
There has been only a limited volume of business trans
acted in the market for Straits tin, but values have
held steady, closing at 18*9tMtl4o.
Ingot copper has
had a fairly large sale and prices have held at 11}|<#
1114c. for Lake.
Lead has been fairly active and
firmer, closing at 3*85<£3'87£fc. for domestic. Spelter has
been quiet but steady at -t‘30>c4'35c. Pig iron has had a fair
•sale at steady values, closing at $9 75312 25 for domestic.
Refined petroleum has been unchanged, closing at 5-75c.
in bids., 8'28c. in bulk and 6‘30e. in eases;, naphtha quiet at
5*50c. Grade certificates have been neglected: credit-balances
have been steady at ?!e. Spirits turpentine has had only a
limited sale, but prices have held steady at 28328 hjc.
Rosins have been steady at $t 45 for common and good
strained. Wool has been fairly active and firm. Hops have
had a limited sale at steady values.
1896*97.
R eceip t! Ip
A ug. 20.
C onti
nent.
Total.
285.7 20 1,228.0 >8
21,798
21 70S
000,392 1,972.912
37.120 180,532
5,018
72.350
372,54.3 438,140
21,7«9 125,138
101,880 270,211
71,000
111.3-43 200,794
40.755 20<>,275
10,831
U 78
291,(5'9 007,076
4,093 233,038
83,m 172,741
13.050
450
59,588
50,231
2,230,870 5.042,914
13,829 2,280,094 407,088 1.867*201 4.004.88*
TH E
330
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
■cleared, at the ports named. W e add similar figures for
New York, which are prepared for our special use by Messrs,
Lambert & Barrows, Produce Exchange Building.
o x siiiidiOAru , NOT or4EAAI3D FOB—
20 at
8
G a lv e s t o n .........
S a v a n n a h .....
Ch&> loH ton .......
M o b i l e ___ _ . . . .
N o r f o lk ,.. . . . . . .
N ew Y o r k . . . . . .
O th er p o r t s . . . .
T o ta l 1 8 9 7 ... !
T o ta l 1 8 9 6 ...
T o ta l 1 8 9 5 ...
Coast
wise.
Great
Other
B rita in . F r a n c e . Foreign
6i i
N one.
N one,
N one.
N one.
500
201
200
N one.
N one.
N one.
N one.
1,211
200
218
N on e.
802
None.
N one.
N one,
N one,
None.
800
1.032
N one.
N one.
None.
1,400
300
1 0 ,1 9 4
5,521
8,246
1.051
1,353
530
42,5 69
6,165
4,011
200
N one.
100
1.322
501
1,702
486
28,951
6,012
4,507
1,335
1,364
too
1,827
837
There has been only a limited amount of activity to the
speculative dealings in the market for contracts. Little
outside interest was shown, and as local operators have seen
nothing in the general situation to warrant buying, there
has been no force to t he buying power. Hence under the
moderate selling for the account of both New Orleans and
Liverpool operators, prompted by the favorable prospects
for a large yield for the growing crop (the condition of the
plant in Texas having been materially improved by general
rains), prices have declined. The decline in prices, how
ever, was arrested on Wednesday, when there was fair buy
ing by shorts to cover contracts, stimulated by ap
prehensions of damage to the crop in the Atlan
tic States by an excess of moisture, and prices for
the day showed an advance of 7 to 13 points. Thursday
morning there was again a slight improvement on further
talk of too much rain iu the Atlantic States, which it was
claimed would retard the movement of the new crop and
ultimately do serious damage should the rains continue.
Later in the day. however, the favorable advices from Texas
and selling for New Orleans account resulted in a decline
and the close showed prices a few points lower for the day.
To-day there was an unsettled market. Early in the day
prices declined in response to weaker Liverpool advices and
under selling for New Orleans account. A t the close, how
ever. New Orleans turned a buyer and most of the loss was
recovered, final prices being 3 points'higher for August and
2 to 3 points lower for other months, Cotton on the spot
has had only a small sale, but prices have held steady. To
day the market was more active at U
gC. decline, closing at
7J'gC. for middling uplands.
The total sales for forward delivery for the week are
587,000 bales. Nor immediate delivery the total sales foot
up this week 5,318 bales, including. 1.800 for export, 1,913
for consumption, — for speculation and 2,0 on contract.
00
The following are the official quotations for each day of the
past week—August 11 to August 20.
Rates on and off middling, as established Nov. 83,1893, and
revised Dec. 11,1895, by the Revision Committee at which
grades other than middling may be delivered on contract:
P a ir .....................................o. | b
on .
M id d lin g F a ir ........, ............ 7s
on.
S trict G o o d M id d lin g .___ ^
on.
G o o d M id d lin g ................... 6lft on.
S trict L ow M id d lin g ,. . . . .
off.
L o w M id d lin g .....................
off.
-S trict G o o d O r d in a r y .. . . . n 16 off.
!
G o o d O r d in a r y ....... 1
off.
G o o d M id d lin g T in g e d .. .
E ven ,
S trict M id d lin g S ta in e d .. % off.
M id d lin g S ta in e d ............. % o f f
S trict L ow M id. S ta in ed . 2& 0ff.
S3
L o w M id d lin g S ta in e d ... 1 % off.
e
»: i
CC
DD
S a t.
G o o a O r d in a r y .........-....................
L o w M id d lin g ................................
M id d lin g ,.......................................
G o o d M id d lin g ................. ............
M id d lin g F a ir’ . . . . ......................
GULF.
7
7%
S
85; a
87a
S a t.
G o o d O rd in a ry .............................
L o w M id d lin g ................................
M i d d l in g ................ .......................
G ood M id d lin g ...............................
M id d lin g F a ir ................................
STALN E D .
TM.
7%
8b
sv,
9b
31 o u T u e s w e d
T it.
7
7b
S
8SIf
8b
o
M on T ues W ed
T il.
7b
7b
7b
7b
Sb
?b
7b
8b
9b
7>4
7b
8h
8»t8
Sb
8b
She
9b
030)
32 «
I ®.«:
O
03 030 03
0%
i 634
7%
7%
7 % . 726;,
8 |8
a%
7b
00
66 tO',5
COW
§
1
G
O
00300
-io °6
r
i
8
® s
SPOT MAKK.ET
CLOSED.
S a t’d a y..
M onday.
T u esd a y
W ed’d a j
T li’ d a y .
F r id a y ..
T o ta l..
Q u ie t ___ - . . . . . .
Q u ie t ..................
O n ie t .............. .
Q u ie t ...................
Q u iet & stea d y .
Q u iet a t *8 d e e ..
E x
p ort
Oon- Spee- C on
sutnp. u l’ t'n tract,
380
500
800
i Kb
M3
432
500
C O
D
oo
<6
»
1 ,3 0 0
3,913
)I
11 o._:
COW -3
*8 1
gg
o
2,000 5,213
03
03C3OC3
<5 03
MO b
'
I
II
99
>
<
1
C
K
Q
>
C ti
O
SCOcoo
Si |
"'O 'V
»S «
Pi K<>
33
^ <ior»
‘
p i~
b
f
o» Ci no
i
<0
7
<J <3 O <3
66 ° c
6
oot
-3
<
|
03
0303 O 03
I 8P®
<
1
<5-10-1
o h
tCM
0303
^
°6
Q
i
0303
C -3
O
%
<»O
itog
i «,s.r
i
o
n
>*
D
03030 03 05 03O 03 0 0 «P
3 iO
<1 bO-3 <|0o°*4 cp6 0 cd
0
i
O
’
00 h
QtQ
p
C
O
& 03 03 $
22 s
I
03 0
99
5
■ift
jC 5
H
<! G (jo
C 0 *5
D0
i
o
030300 O O O O O O O O 00300
fi>
<5-l0 0 6 - i ° o
- i < 3 ° - j -or c 5
M toco CD o tto 03 bOM to
030 0 0 3
CiCi %
B<5 yT
1 S f 0:
03
OOOO
£
►
99
< 9 C5 % 9 9
<
<1Ci M 0>C3 (jg -1 < yo
g
1
CDGOtO^ CiOiK'% wow®
1 S.>8 f
! SI®;
I djf*:
<J
J
030 0 0
<l<5 ~
C ' M to
C
1
OOOO
<? I
05 01 5
CDCD
OO ?
i^
O ld %
- j <3 fjw"
W<0 ^
1s ir;
OOOO
O|
66°6 66°6 6 6 °6
D
003 O C O 0»
99
66
00
<
<5 — (jn
1
I
05 05 &
ccco 9?
050
! ® 50
0 05 OC5
CDCC to
0 -4
>
1
03
, ooo
ll,
I 00v-'00
no1 ’ rn
—
000
o
) 000
flpfi
1 COw GO
C
O
O O O 03
66 ° 6-
fern®®
>
i.
{>
*1
O}
C
1s
o
® o °o
Q I >
-.O
-■
1s : ?
II
11
II
I
1 1
t>
«.
I ®: ®
1
?
Ii
^
23 ?
I® :
*KOK
05
9 1 5 CO05 &
CD
GO *
^ . C V-'CD
S
1 ^ 1 1 8 tt.
9 1 I 05 0 5 0 0 5
CD '
coco ^CD
cn
COO O
1 1
I s„»r
to
O-30<
1
Pl-J
cc
1s: ®
i
o
OOOO
roffl ^
99
66
1 ®: ?
1 1
5
9G C
0 te
1
p
>
to
>
0505 5
6co
0 - 4 •*§
I Si :
05 05005
COO® CD
to o 0
0
1 1
■-W C
O
0 0
<
8
xn®
i.
O
Q
1 »: ?
1 I
C
D
^2
C3
<
?
f ©9,
K
)
OOOO
£
>
00
<5
OOOO
5
p
<*
66 -i
(»
OO
99
OOOO
o
OOOO
II
7b
721 2
7b
5
6 6 oq
®'P
1 S'.-5;
cn
<3 -3 C <5
Ci Ci ® c i
j
j
00 C 00
3 O 33
}>
tOO
C
O
0505
GOGO sr
caw
1 *5)
05 | 0 05
CD * °CD
to
-J
f
443
932
1,300
00
0503 003
CGtO^OD
99 5
OOO Q"
b
2a .4
-q
6 °
gg
fleT coco f*r
2 tbOM'g
o
t>
99 <
9 9 5 00
COGO ran C 6 O C (fp 6 6
D
Q 06
NK ‘g
>>
© CIO
I ^ -*; T I o ? I d to:
I«
~O O O O O O | 00 O O O O
^ o 66^6 6 ‘ ° 6
o
1
Tales o f
Future's.
^
a
S
i
a
< - 1° -1
'
66< --1
^6
^
<
00 &
1 !
2,600 2,158
....
5
6b
Total,
o
05 <J '
1 CO
F r i,
380
...
o
I 0003
►
i.
SALES OP SPOT AND CONTRACT,
CM g
O
1
I
J
>
1^
cog
734
The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statement:
°
0 -1 (K
*
99
obob
o><p
K
»
i
*5 »
9
SCStSJK
S
p
j£
,
pi rfa.®
o
II
8
■<
>
<5 B <
>e
s .?
1
O
< <10 <3
5
ifi 6 ^ 61.
CJ■E O
X •»
99
7b
M ARKET AND SALES.
99
*< <»©£
( r© *
D
0 MO 1
7
’ :
0
3
>
< oo <
!
<16tog 003 to®" <4M tog
n 6-1 m
P
wo
I
I sp r !
o o
Sb
87,6
9
03*
S»4
7%
7b
72SS . 73>r
S
I
00
OiCiOCi
003
T it,
S a t. ! M o il T e e s W e d
L o w M id d lin g ................................
M id d lin g ........................................
Strict. M id d lin g .............................
G o o d M id d lin g T in g e d ..............
^
fT
8-1
>8
t
IP &
I
PX
fi*
$ rt?
5c .
*?; $
§: -
C
O
99
0 00° C
0
D
hD 0
-C 5
F r i.
8
85,6
8b
99a $
gapsfl
h*
0
0
C
l
C
l
< "1 fn
J
"
9 to T i p }
7b
7b
83i0
83i
7
vb
WI
U
6b
7
7%
S
§ je
8b
gj l
p :
<c * c
e. o
&
p
3
C ' ,u® ^ KG P* C-.®
u
<
3
h -3or5 • < or* < <JOH
0,0
* *LO
0°*
*
1
C_
O
gi
<1-1 s G G <
.
.
6*
i< ;
«© J® C jn 'S
I ® .» :
i ®r,*
[ 50<J -3 <5 0<1
<3<J <3
O
1
otoi'-'o?
J
-1CJ—cir os cp i-o
"
OO
99 <
-a
.c
C C fle*
CO
C C rs to p
OO
CC
OO
f
r i
I
c
c
c
o
co o ©
c p - i o - i M-lOffl
66 °(oi« eo to
oO l
I
F rI.
7
7b
S_
g “ ie
8b
® m& 58®
* o'
0
lit
• sg
« s ** *
: p: m
C
l
^
i <>
S
■ ? H 0 to
S *C
On this basis the prices for a few of the grades would be
as follows.
GFLANDDS.
Igf
w m
a q {£S cb oi ® «
?o
tr£B”® ’ S'® wp
P a? « P
03,-jgvl
g>
•s £
*
i
f t
1 2 3 ,32 6
290,337
31,619
R ,2»4
U
J
*3
=
75,6 29
68
68
N one.
N o I 6.
N one,
N one,
100
The Sales and Prices op F utures at New York, are
shown in the following comprehensive table.
L ea v in g
slock.
Total.
[Vol. LXV,
C H R O N E LE.
1 1
® 1 &
CO 1
00 Jb
1$
-4-3 6
0-4
66 °o
OH M
1 i
1
>
i.
CS
P
?
1 11
1
►
%
i 1
11
18: P
1s ; ?
11
1
I I
1
I I
* In clu d e s sa le s in S e p te m b e r, f o r S e p te m b e r, 1 5 ,1 0 0 : S ep tem b erO cto b e r, f o r O c to b e r , 3 8 4 ,8 0 0 ; S e p te m b e r-N o v e m b e r, f o r N o v e m b e r ,
3 7 2 ,0 0 0 ; S e p te m b e r-D e e e m b e r, f o r D e c e m b e r, 2 ,2 9 0 ,0 0 0 ; S e p te m b e r.
J a n u a r y ,f o r Januar*y, 7 ,1X 4,100; S e p te m b e r-F e b ru a ry , f o r F e b ru a ry ,
4 46 ,90 0 ; Septem ber-JStarob, f o r M a rch , 6 , 268, 200; S e p te m b e r-A p ril,
for A p ril, 3.15,800; S ep tem b er-M a y, f o r M ay, 4 ,9 1 3 ,0 0 0 ; S e p te m b e rJ u n e , f o r J u n e , 7 9 9 ,9 0 b ; S e p te m b e r-J u ly , f o r J u ly , 9 9 8 ,8 0 0 .
’ For exchanges see page 833.
i s i b l e S u p p l y o f C o t t o n to-night, as made u p b y
cable and telegraph is as follows. The Continental stocks,
well as as those for Great Britain and the afloat are this,
100,200 week’s returns and consequently all the European figures
105,600 are brought down to Thursday evening. But to make the
86,200 totals the complete figures for to-night (Aug. 3d), we add the
80,400
item of exports from the United States, including in it the
5 87,000 exports of Friday only:
The V
82,200
126,400
TH E
81 leafij
C H K O N IO L E ,
1896.
1895.
1891.
1 39 7 .
5 7 2 .0 0 0 5 4 9 ,0 0 0 1 ,2 7 3 ,0 0 0 1 ,0 6 3 ,0 0 0
S to c k at L iv e r p o o l........b a le s .
5 ,0 0 0
1 0 ,0 0 0
1 0 ,0 0 0
9 ,0 0 0
S to » k a t L o n d o n ........................
T o t a l G r e a t B rita in s to c k .
5 77 .00 0
3 3 ,0 0 0
3 1 .0 0 0
3 3 ,0 0 0
S to c k a t H a m b u r g ....................
2 4 ,0 0 0
1 0 4 .0 0 0
2 1 2 ,0 0 0
9 1 ,0 0 0
1 1 4 .0 0 0
S to c k a t B r e m e n ......................
“
1 4 ,0 0 0
7 ,0 0 0
12 000
1 ,0 0 0
S to c k a t A m s t e r d a m . . . . . . . . .
200
200
100
2 00
S to c k a t R o tt e r d a m ..................
1 8 ,0 0 0
8 000
7,000
15,0 00
S to c k a t A n t w e r p . ..................
1 6 0 ,0 0 0 3 6 0 ,0 0 0
3 3 9 ,0 0 0
1 0 3 ,0 0 0
S to c k a t H a v r e . ......... ...............
6 ,0 0 0
5 ,0 0 0
4 .0 0 0
6 .0 0 0
S to c k a t M a rs e ille s ....................
6 1 ,0 0 f
6 0 .0 0 0
1 .0 0 0
7 3 .0 0 0
S to c k a t B a r c e lo n a ....................
3 5 .0 0 0
3 9 ,0 0 v
4 0 .0 0 0
14.0 00
S to c k at G en oa
3 3 ,0 0 0
3 8 .0 0 0
3 4 .0 00
17.000
S to c k a t T rieste.
340,1
T o t a l C on tin en ta l s to c k s ..
0 1 6 ,2 0 0 1 ,0 1 2 ,2 0 0 2 ,0 6 6 ,2 0 0 1 ,7 1 2 .1 0 0
T o t a l E u ro p e a n s to c k s —
2 3 .0 0 0
2 9 ,0 0 0
5 0 ,0 0 0
--------4 5 .0 0 0
In d ia c o t t o n a floa t f o r E u rop e
4 7 .0 0 0
1 7 .0 0 0
4 9 .0 0 0
2 5 ,0 0 0
A m e r .o o tto n a flo a t f o r E u rop e
1 5.0 00
2 2 .0 0 0
6 ,0 0 0
1 7 ,0 0 0
E g y p t, B rarli.& e. .a flt.fo r E’ pe
169,834
7 9 ,8 4 0
1 5 4 ,9 7 5 2 9 8 .62 1
S to c k In L o tte d S ta tes p o rts .
3 6 ,2 9 4
8 9 ,7 9 3
35,157
55.814
S to c k In H. S. In terior to w n s .,
172
846
301
2,465
U n ite d State* e x p o r ts to -d a y .
T o ta l v is ib le s u p p ly ........... 1 ,0 9 4 ,2 9 6 1 .3 4 1 ,8 3 4 2 .4 9 2 .2 7 9 2 ,0 4 7 ,2 1 8
O f th e a b o v e , to ta ls o t A m e r ic a n a n d o t h e r d e s c rip tio n s a re a s f o l l o « s:
A m e r ic a n —
S9 1,000
4 1 9 .0 0 0 1 ,1 1 1 ,0 0 0
4 3 8 ,0 0 0
L iv e r p o o l s t o c k .............. b a le s .
4 6 9 ,0 0 0
260,1X10 3 35,000 6 8 3 ,0 0 0
C on tin en tal s t o c k s .....................
4 9 ,0 0 0
2 5 ,0 0 0
4 7 ,0 0 0
17.000
A m e rica n a floa t f o r E u r o p e ..
1 6 9 .8 3 4
1 5 1 .9 7 5 298 ,62 1
7 9 ,6 1 0
D n t » d S ta tes s t o c k ..................
5 5 .8 1 9
36,2 84
8 9 .7 9 3
3 5 ,1 5 7
U nited S tates Interior s to c k s .
2 465
866
301
U nited S ta tes e x p o r ts t o -d a y .
172
T o ta l A m e r ic a n ........... .
8 5 1 ,0 9 8 1 ,0 4 8 ,6 3 4 2 ,1 8 3 ,0 7 9 1 ,6 3 6 ,U S
Must In d io.'n H fdS'il. dtt —
169,000
L iv e r p o o l s t o c k .................I . . . .
1 1 1 ,00 0
1 3 0 ,0 0 0
1 3 5 ,0 0 0
9 ,0 0 0
L o n d o n s t o c k ............................
5 ,0 0 0
10,000
1 0 ,0 0 0
1 7 1 .1 0 0
O o s lta a n ta l s to c k s .................
7 9 .2 0 0
1 1 8 ,2 0 0
0 7 ,2 0 0
4 5 .0 0 0
In d ia a flo a t f o r E u ro p e ...........
2 3 .0 0 0
29,00*1*
5 0 ,0 0 0
1 5 .0 0 0
E g y p t , f i r a i ll , A c ., a flo a t........
2 2 ,0 0 0
6 .0 0 0
1 7 ,0 0 0
T o ta l E ast In d ia , A c .......... 2 4 3 ,2 0 0
2 9 3 .2 0 0
3 0 9 .2 0 0 4 0 4 ,1 0 0
T o t a l A m e r ic a n ..................
8 5 1 .0 9 8 1,0 4 8,63 4 2 ,1 8 3 ,0 7 0 1,636 U S
T o ta l v is ib le s u p p ly . . . . . . 1 ,0 9 1 ,2 8 6 1 ,3 4 1 ,8 3 4 2 ,4 9 2 ,2 7 9 £ @ 4 7 .2 1 8
M
•
:
1 4
■.
:
- .... I
S
3 ’ ‘
M id d lin g U p la n d , N ew Y o r k .
7 "*e
8% e.
7i*»e.
7 c.
E g y p t G o o d B row n , L iv e r p o o l
5% d.
6%,.,d.
6>*d.
-it * ,* !.
Peru v. K o u k b G o o d ,L iv e r p o o l
SQ d.
0 --,,d .
5*w d.
M
B roa ch Fine, L iv e r p o o l...........
4>i«<t
4i* .vd.
S »issd .
3 «i* d
T ta n e v e lly G o o d , L iv e r p o o l..
l-V I.
3 k * ,,d .
3 » ,, d .
Qu o t a t io n s
3a l
foe
M id d l in g C o tto n
at
O t h e r M a r k e t s ,—
ObOSISO QUOTATIONS FOB MIDULINS COTTON O k A u g . 20.
S atur.
M on ,
T ugs.
G a lv e s t o n . .
N e w O rle a n s
M o b i l e .........
B av a u n a ti. .
C h a rle sto n ..
W ilm in gton ,
N o r f o lk ........
B o s t o n .........
B a ltim o r e ...
P hiladelph ia
A u gu sta .......
M em p h is—
St. L o u is ----H o u s t o n ----C in c in n a ti..
L o u is v lile -..
7®ia
7*>i6
7=18
7 »ia
7=8
7%
7%
7 7s
8*9
8
8M
8li
8*8
7%
73 i 8
77,6
7*9
7%
7
778
3*8
8
8*4
S*4
7«8
7%
713,a
7 3 ,s
8*9
8
7%
7%
7?s
3*S
8
8*4
Sh
Shr
7%
7>he
7*4
8>s
8
8*8
8
W ednes.
7*8
7*8
73g
7%
7 7a
8*8 ■
8
8*4
8*,
7%a*5a
7*1,6
71,8
8*8
6*4
Thun.
F r i.
~St8
7*8
7%
75g
7
7 ’S
8*s
8
8*4
8*4
7*4® %
75s
713]a
71,8
8*3
8*4
7 3 ,6
7*3
7*4
7%
7
7 78
Shs
8
SM
8*8
7*5,3%
7*2
7>i,a
73,8
8%
8*4
The closing quotations to-day (Friday) at other important
Southern markets were as follows.
A th e n s ...............
A t la n t a .............
C h a r lo tt e _____
C olu m bus, G a .
8 | C olu m b u s,M ia s
7%
7 % ; fiu fa n la .............
7
8 4 I L ittle R o o k .....................
7 k ! M o n tg o m e r y ...
7*4
N a s h v ille ..........
N a t c h e z .............
R a l e i g h .............
S h re v e p o rt........
7%
6 i> ,s
8*4
6%
The following table
indicates the actual movement each week from the plantations.
The figures do not include overland receipts cor Southern
xinsuinption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outports,
R
e c e ip t s
m eh
Ending—
July
“
“
Aug.
l*
“
1 6,....
23,,,..
30......
from
th e
P
l a n t a t i o n s .—
Receipts at the Ports. St’k at Interior Towns.
i mi.
isve.
4,415
2,44?
3,207
iaae.
n
AuorsT
8,676
8,734
1,760
8,187
1,710
2,7 IS
1697.
1803,
1886.
31.9S7 87,025
81.T 8f,P80
69
i9,?«3 78,161
*8,6*0 76,8^0
ai,o«i 70,5-17
36*884 80,703
50,304
53,803
•17,202
-i3,7 42
41,7 U
35,157
213
1,888
o3
bg
H
n
u
723
4,052
8,a»e
0,820 16.02?
7,386
U .. ..
i 8,060
21,8*0 *0,207
-m*
The above statement shows: 1.—That the total receipts
tW~ The imports into Continental porta the past week have
been 18,000 bales.
from the plantations since Sept, 1,1898, are 8,628,630 bales: in
The above figures indicate a decrease in the cotton in eight 1895-98 were 5,396,202 bales; in 1894-93 were 7,850,118 bales.
to-night of 247.338 bales* as compared with the same date
2.—That although the receipts at the outports the past week
of 1888, a falling off of 1,397,9 *3 bales from the corresponding were 19,009 bales, the actual movement from plantations was
date of 1885 and a decrease of 953,923 bales from 1894.
21,280 bales, the balance going to increase the stocks at the
Interior towns. Last year the receipts from the plantations
A t the Interior T owns the movement—that Is the receipts for the week were 50,207 bales and for 1895 they were
for the week and since September 1, the shipments for the ------ bales.
week and the stocks to-night, and the same items for the
Ov e r l a n d M o v e m e n t f o b t h e W e e k a n d S in c e S e p t .
We give below a statement showing the overland movement
corresponding period of 1893-98— is set out in detail below.
foi the week and since September 1. As the returns reach us
by telegranh late Friday night it is impossible to enter so
largely mto detail as in our regular monthly report, but all
tne principal matters of interest are given. This weekly
publication Is of course supplementary to the more extended
monthly statements. The results for the week nding Aug. 20
and since Sept. 1 in the last two years are as follows.
WO S5S
I
1896-97.
A u g u st 20.
i
f
i
I
-
•
”
Week.
Since
Sept. 1
181
3,810
IS 9 5 -9 6 .
Since
S ep t 1.
Week.
Shipped—
VI* St. D a i s . . . . . . . . .
or; o
*
mos
W'
*
w*m"
OS* 0 * 0 ) ®
6 25
269
267
V!» Cairo...................
*-.* -
Via P a r k e r ...................
Via E v a n s v ille ............
V i a L o u is v ille ..............
• lOftO*
ViaCtnelnnatl...... .
Via o t h e r m a t e s , A c .
§ S 2 § 2 S S l.1 g | g 5 i0 S S fI* 2 2 5 l5 s g .? g fl3
Total g r o s s
o v e r la n d .................
Deduct sh ip m en ts—
O verland t o N . Y ., B o s to n , A c ..
B etw een In te rio r s o w n * .............
In la n d , A c .,f r o m S o u t h ..............
§
pi p
#
**
«•* ©
u «*
t*p
»
k
&
« o i«* a
$
»
*•
**
©
r*
*
o* * -■ » * -* e»«#->:
: a®*-*
o t a o i d a c a - i Pm * * « © -
T otal t o b e d e d u c t e d ___
5
•
. .--as
-i —V'-1 x. o
s k
S ' . ' c 5 » « ;©
« —
15
238
28
1 ,3 4 2 1 ,207,119
965
i',7 1 8
2,683
11,341
*no*u*i tii v a m m o r o i oy ra n s o o u a u a
t D ed u ction s g re a te r than o v e r la n d .
? : .- f
si l i !
"
-c
(C-ir--iwi5. oisrks-j*
5 6 1 .1 9 0
273,04 S
2 3 ,5 0 4
2 ,0 5 3
1 3 7 ,02 5
151,338
117,401
3 2 6 ,73 0
5,13-7 4 ,0 1 6
A
102
02,474
2 ,8 0 3 1,1 7 0,23 3
2 7 4 ,6 0 7
4 .6 3 0
58,628
341
"655
105 ,83 4
990
3 3 7 ,86 5
1.807
8 3 8 ,3 6 8
S '*J »*C lw O V © Q X tS (ib , «
W eek .
S in c e
S e p t , 1.
1895-96,
Since
Sept. 1.
W eek .
S ou th ern c o n s u m p t io n to A u g .2 0
I I I ; S s s & tfflU i
-
g *; ig i I s
(3
*M K S
JSW G
..
.
. . .
-
. ,
O —: # e u ® C 3 S t t ' N B « # 9 M a s s * » »
— *u acM . u i
a o s - 5 o « * :c - - - C 'i f c n u » - . X H M V
30,9 61 5 ,2 6 9 ,1 9 3
1,807
8 8 8 ,3 6 8
9 0 1 ,0 0 0
1 0 ,0 0 0
T o t a m a r k e t e d _______________
In terior s to c k s in e x c e s s ..............
lly i IS s
j-
19,060 6 ,7 1 2,90 0
8 6 1 ,26 5
51,3*1
12,000 9 3 0 ,0 0 0
2 9 ,7 1 9 8 ,5 1 0,22 5
184,310
5,220
48,7 68 7 ,0 0 8,50 7
5 7 ,0 9 3
J 3 ,240
34,939
62,014
R eceipt# s t p o rt* t o A u g. 2 0 .........
S e t o v e r la n d t o A u k . 2 0 .................
J®:
«-*®* *
-•
.
94
747
8 6 1 ,2 6 5
189 6 -9 7.
I n Bight m id S p in n ers’
T a kin gs,
tS
a
»3
1 , i e « 1 9 ft ^ t c ** IS
5
*
; —k |5
fi
*&*»-* o o sc C i-£»»0 ‘
« w « b 5 V ce o» « * » V o W V
®
.
1
The foregoing shows that the week’s net overland movement
this year has been ------ bales, against 1.807 bales for theweek In ! 896, and that, for the season to date the aggregate nt t
overland exhibits an increase over a year ago of 22,897 bales.
gg'3 ; SwwS»wS -j|'5».g*4 * eess.C8.ae.-I 2 f
Siij :
< a ® i — to —
»
as*-*
6S S 25S S 23S 52s^ g
5 5 5 ,9 8 7
2 4 5 ,3 0 6
19 9 5 5
1,681
138 ,55 1
1 2 2 ,2 7 0
1,859
r*
if
.
Thcabovetotalsshow that the Interior stocks have increased
during the week 5.230 bales and are now 68,50!) bales less
than at same period last year. The receipt* at all the towns
have been l .*.6?8 bah lent than same week last year and since
8et>*,l they are ' *4,271 bales more than for same rime in 1895-8.
C am e lu t o slirbt d n rin v w e e k .
T o ta l In sig h t A u k - 2 0 ...............
8 ,4 2 5 ,0 1 5
N orth'll s p in n e rs t a k ’ KS to Attg,20 1 3 ,0 9 0 1 ,765,784
t Less than Sept. 1.
i D e d u ctio n s g re a te r than o v e r la n d .
7 ,0 6 5 ,6 6 0
9,103 1 ,6 4 0,39
It will be seen by the above that there has come into sight
during the week : t 939 bales, against 82 014 bales for th c
samp wpi k o( 1898, and that the increase in amount in sight
to-n igh t as c i* *
-I v it) lest yea r is t .3 6 ’ 233 v,n*oq-
332
TH E
C H K O N IC L E .
W eather Reports by Telegraph .-—Our telegraphic ad
vices from the South this evening denote that rain has been
quite general during the week In Texas improvement in
the crop is indicated as a result of the moisture, but in por
tions of Alabama and in a few districts along the Atlantic
the precipitation, has been excessive and damage is claimed
to have been done. From sections of Arkansas and Ala
bama there are reports of worms, rust and shedding.
Picking is making good progress.
Galveston, Texas.— There lias been good soaking rain on
four days during the week, the precipitation reaching three
inches and ninety-seven hundredths. Rain was of much
benefit. Average temperature 81, highest 88 and lowest 74.
Palestine, Texas.—'There have been showers on three days
during the week and the rainfall reached forty-two hundrdths of an inch. Sore rain would improve _crop condi
tions. The thermometer lias averaged 78, the highest being
94 and the lowest 63.
Hunlevilte, Texas.— We have had very beneficial showers
on four days of the week, the rainfall reaching two inches
and sixty-five hundredths. The thermometer lias averaged
S i , r a n g i n g f r o m 67 t o 96.
,
[VOL. L X V .
M a d i s o n , F l o r i d a .— W e a r e h a v i n g t o o m u c h m o i s t u r e a n d
t h e r e a r e s o m e r e p o r t s o f s h e d d i n g . T h e r e 'h a s b e e n r a i n o n
s ix d a y s o f th e w e e k , th e p r e c ip it a t io n r e a c h in g t w o in c h e s
a n d th ir ty h u n d red th s.
A v e r a g e t h e r m o m e t e r 8 8, h i g h e s t
93, lo w e s t 71.
S a v a n n a h , G e o r g i a .— I t h a s r a i n e d o n e a c h d a y o f t h e p a s t
w e e k , t h e r a in fa ll b e in g fiv e in c h e s a n d t w e n t y -e ig h t h u n
d r e d t h s . T h e r m o m e t e r a v e r a g e d 8 0, r a n g i n g f r o m 68 t o 9 2.
A u g u s t a , G e o r g i a .— I t h a s r a i n e d o n s i x d a y s d u r i n g t h e
w e e k , t o th e e x te n t o f fo u r in ch e s a n d e ig h ty h u n d re d th s .
T h e t h e r m o m e t e r h a s a v e r a g e d 7 7, r a n g i n g f r o m 68 t o 91.
f C h a rlesto n , S o u t h C a r o l i n a . — R a i n h a s f a l l e n o n s i x d a y s
o f th e w e e k , t o th e e x te n t o f on e in c h a n d tw e n ty -fo u r h u n h u n d r e d fc lis .
T h e t h e r m o m e t e r h a s a v e r a g e d 81, t h e h ig h e s t
b e i n g 88 a n d t h e l o w e s t 74.
S t a t e b u r g , S o u t h < a r o l i n a .— T h e r e h a s b e e n r a i n o n f i v e
d a y s d u r in g th e w e e k , t o t h e e x t e n t o f fiv e in c h e s a n d
n in e ty -o n e h u n d re d th s .
D r y w e a t h e r is n o w d e s i r e d .
The
t h e r m o m e t e r h a s a v e r a g e d 7 7 , r a n g i n g f r o m 68 t o 8 9.
G r e e n w o o d , S o u th C a r o lin a .— T e l e g r a m n o t r e c e iv e d .
W i l s o n , N o r t h C a r o l i n a .— R a i n h a s f a l l e n o n t w o d a y s o f
th e w e e k , th e p r e c ip ita tio n b e in g t w e n t y h u n d r e d th s o f a n
in c h .
A v e r a g e t h e r m o m e t e r 8 3 ,"h i g h e s t 9 6 a n d l o w e s t 74.
t h e f o l l o w i n g s ta te m e n t, w e n a v e a ls o r e c e iv e d b y t e le g r a p h ,
s h o w in g t h e h e ig h t o f t h e r iv e r s a t t h e p o in t s n a m e d a t
8 o ’ c l o c k A u g u s t 1 9, 1 8 9 7 , a n d A u g u s t 2 0, 1 89 6 .
| O sO S
C jM &
COCO
;o o o o
!OOOO
,Dallas, jc x a s .—there has been min on three days during
A u g . 1 9 , ’9 7. A u g. 2 0 , ’ 96.
the week, the precipitation being forty-two hundredths of
F eet
Feet,.
an inch. More rain would be beneficial. The thermometer
5-0
8 4
N e w O r le a n s ........
has ranged from 60 to 94, averaging 77.
8-7
M e m p h is ...............
12 5
.sa n A n t o n i o . T e x a s . - The weather lias been favorable for S a s h v ille ............__
2*4
3-1
*2-1
09
picking the past week, but rain is needed for further growth S h r e v e p o r t............
13*1
251
T l c k s b u r g ... . . . . .
of cotton. W e have had sprinkles on three days.
A B e lo w z e r o o f g a u g e .
Luting. Texas —W e have had showers on two days of the
I n d ia C o t t o n M o v e m e n t F r o m a l l P o r t s .— T h e r e c e ip t s
past week, the precipitation reaching thirty-two hundredths
of an inch. The thermometer has averaged 76. the highest a n d s h i p m e n t s o f c o t t o n a t B o m b a y h a v e b e e n a s f o l l o w s f o r
t h e w e e k a n d y e a r , b r i n g i n g t h e f i g u r e s d o w n t o A u g u s t 19.
being 97 and the lowest 65.
UOMBAV a.<JOEIPTS AND SHIPMENTS FOB FOUR TEAK.C o l u m b i a , T e x a s . —W e have had good rain on three days
during the week, the rainfall reaching one inch and forty
S h ip m en ts th is w eek .
S h ip m en ts s in c e Sept. 1.
R eceip ts.
hundredths. Rain delayed picking, but improved the crop.
C onti
This
S in ce
Y ea r G reat C on ti
G reat
The thermometer lias averaged 82, ranging from 72 to 93.
Total. B r ita in n en t.
T ota l.
W eek. Sept. 1.
B riV n . n en t,
B r e n h a m , T e x a s , — There has been good rain on two days
the past week, the precipitation reaching one inch and *96-7
3 2 .0 0 0 5 6 3 .0 0 0
3 .0 0 0
5 9 5 .0 0 0 7 .0 0 0 1 ,6 1 0 ,0 0 0
7 3 .0 0 0 7 2 0 .0 0 0
2 .0 0 0
7 9 3 .0 0 0 10,0 00 2 .1 4 0 .0 0 0
thirty-three hundredths. Cotton is improving. The ther ’ 95-6
*94-5 1 ,0 0 0 3 .0 0 0
2 7 .0 0 0 5 2 3 .0 0 0
5 5 0 .0 0 0 5 .0 0 0 1 .5 2 3 .0 0 0
mometer has ranged from 66 to 99, averaging 82.
’ 93-4
3 .0 0 0
8 8 1 .0 0 0 7 .0 0 0 1 .7 8 7 .0 0 0
4 7 .0 0 0 8 3 1 .0 0 0
C u e r o , 7 e x a s . —Picking is progressing. Good rains would
S hip m en ts s in c e S ept. 1.
S h ip m en ts f o r the w eek .
improve the crop. It has been showery on one day of the
week, the rainfall reaching twenty-four hundredths of an
G reat
Great.
C on ti
Total.
Total.
inch. Average thermometer 82, highest 97 and lowest 08.
B r ita i n . n en t.
B r ita in . C ontin en t.
Houston, Trxas. - Rain has fallen on each day of the past
week, the rainfall reaching five inches and seventy-two C a lcu tta —
__ . . .
8 ,0 0 0
7 3 ,0 0 0
1 ,0 0 0
1 ,0 0 0
4 .896-97...
8 1 ,0 0 0
hundredths. The thermometer has averaged 81, ranging
__T
nT
1 1 ,0 0 0
1 8 9 5 -9 6 ...
2 ,0 0 0
9 4 ,0 0 0
2 ,0 0 0
1 0 5 ,0 0 0
M a d ra s—
from 70 to 92.
1 8 9 6 -9 7 ...
2 ,0 0 0
8 ,0 0 0
2 0 ,0 0 0
2 8 ,0 0 0
2 ,0 0 0
W e a t h e r f o r d , T e x a s . — W e have had good rains on five
9 ,0 0 0
2 ,0 0 0
1 3 ,0 0 0
2 2 ,0 0 0
1 8 9 5 -9 6 ...
2 ,0 0 0
days of the week, just as needed, the rainfall reaching two A ll o th e rs—
inches and seventy hundredths. Some early cotton is ready
1 ,0 0 0
6 ,0 0 0
7 ,0 0 0
1 3 4 ,0 0 0
1 8 9 6 -9 7 ...
3 0 ,0 0 0
1 6 4 ,0 0 0
4 ,0 0 0
7 ,0 0 0
2 6 ,0 0 0
1 8 9 5 -9 6 ...
3 ,0 0 0
1 0 9 ,0 0 0
1 3 5 ,0 0 0
for picking. The thermometer has ranged from 64 to 95,
averaging 80.
T o ta l all—
N e w O r l e a n s , L o u i s i a n a . —Rain has fallen on five days of
l » 9 6 - 9 7 ,.
9 ,0 0 0
2 7 3 ,0 0 0
1 0 ,0 0 0
4 6 ,0 0 0
2 2 7 ,0 0 0
1 .0 0 0
. 6 ,0 0 0
5 ,0 0 0
1 1 ,0 0 0
5 0 ,0 0 0
1 8 9 5 -9 6 ..
2 1 2 ,0 0 0
2 6 2 ,0 0 0
the week, to the extent of seventy hundredths of an inch.
Average thermometer 81.
SXPORTS TO EUKOPB FROM Ai
INDIA.
Shreveport, L o u i s i a n a . — We have had rain on four days
1 8 9 6 -9 7.
1 8 9 5 -9 6
1 8 9 4 -9 5.
during the week, to the extent of one inch and fifteen hun
S h ip m en ts
dredths. The thermometer has averaged 81, the highest io a ll E u ro p e
S ince
This
This
Sint
This
Since
fr o m —
being. 94 and the lowest 70.
w eek.
Sept. 1.
w eek.
w eek.
Sept.
Sept. 1.
Columlms, Mississippi.—Rain has fallen on one day of the
3 ,0
4 .0 0 0
o
5 5 0 .0 0 0
week, the precipitation being three hundredths of "an inch. B llmtb a y .......... 1 0 ,0 0 0 5 9 5 .0 0 0 1 2 ,0 0 0 7 9 3 .0 0 0
2 7 3 .0 0 0
A o h e r p o rts
00
1 ,0 0 0
2 6 2 .0 0 0
3 .0 0 0
1 9 2 .0 0 0
The thermometer has averaged 65, ranging from 81 to 101.
1 3 ,0 0 0
8 6 8 ,0 0 0 1 3 ,0 0 0 1 ,0 5 5 ,0 0 0
7 ,0 0 0
7 4 2 ,0 0 0
T ota l
Leiand, Mississippi.—The week's rainfall has been twentytwo hundredths of an inch. The thermometer has ranged
ALEXANDRIA RECEIPTS AND SHIPMENTS.
from 62 to 88, averaging 75T.
A le x a n d r ia , fCaypf*
V icksburg, Mississippi.—Telegram not received.
1 8 9 6 -9 7.
1 8 9 5 -9 6 .
1 8 9 4 -9 5
A u g u s t 18.
L i t t l e R o c k . A <k a n a s.—Telegram not received.
Helena, Arkansas.— Some rust is reported hut no worms. B e e e i p t s ( o a n t a r s * ) . . . .
T h i s w e e k _____ _
2 ,0 0 0
1 ,0 0 0
1 ,0 0 0
Cotton is not maturing well. It has rained on two days of
4 ,5 3 9 ,0 0 0
S i n c e S e p t. 1 ...........
5 ,7 9 5 ,0 0 0
5 ,2 0 6 ,0 0 0
the week, on one of which heavily, the rainfall reaching
S ince
S ince
one inch and fifty-nine hundredths. The thermometer has
S ince
This
This
T his
w eek . Sept. 1, w e e k . Sept. 1. w e e k . Sept. 1.
averaged 72, ranging from 60 to 85,
Memphis. Tannestire —Crop outlook is good. Rain has E x p o rts (b a le s )—
fallen on two days of the week, to the extent of fifty-two
T o L iv e r p o o l
2 ,0 0 0 3 3 8 .0 0 0
3 3 6 .0 0 0
2 ,0 0 0 2 7 6 .0 0 0
T o C o n tin e n t* . . .
2 ,0 0 0 3 5 2 .0 0 0
7 ,0 0 0 4 0 3 .0 0 0
2 ,0 0 0 3 4 0 .0 0 0
hundredths of an inch. The thermometer has ranged from
62'8 to 89, averaging 73-4.
T o t a l E u ro p e
9 ,0 0 0 7 4 4 ,0 0 0
4 ,0 0 0 6 2 8 ,0 0 0
2 ,0 0 0 6 7 6 ,0 0 0
Na-hvilte, Tennessee.—We have had a rainfall of sixteen
* A o a n ta r is 98 p oun ds.
hundredths of an inch during the week. Average thermome
f O f w h ich to A m erica in 1 8 9 6 -9 7 , 5 0 .9 3 1 b a le s ; in 1 8 9 5 -9 6 ,5 9 ,1 0 8
ter 73, highest 89 and lowest 58.
b ales; in 1 8 9 4 -9 5 ,1 4 ,5 2 0 b a le s .
Mobile. Alabama.—Crop reports are less favorable. Rains
Manchester Market .— O u r r e p o r t r e c e i v e d b y c a b l e
have been very'heavy: and continuous in most sections. There t o - n i g h t f r o m M a n c h e s t e r s t a t e s t h a t t h e m a r k e t is q u i e t f o r
are some complaints of worms, rust and shedding. Rainhas b o t h y a r n s a n d s h i r t i n g s . M a n u f a c t u r e r s c a n n o t s e ll . W e
fallen on six days of the week, to the extent Of eight inches g i v e t h e p r i c e s f o r t o - d a y b e l o w a n d l e a v e t h o s e f o r p r e v i o u s
and thirty- five hundredths. The thermometer has averaged w e e k s o f t h i s a n d l a s t y e a r f o r c o m p a r i s o n .
77. the highest being 88 and the lowest 69,
1 89 7 .
1 89 6 .
Montgomery. Alabama.—W o hear a number of complaints
of damage by rain and picking has been delayed. There
8*4 tbs. S hirt O o tfn
B3 lbs. S hirt Oott’ n
*
3 2 s Cop. in gs, com m on M id. 3 2 s Cop. in g s, com m on M id.
has been rain on four days during the week, the precipita
Twist.
Twist.
to fin e st.
lip id s
to fin e s t.
Jlplds
tion being three inches and sixty-one hundredths. The
thermometer has averaged 76, ranging from 70 to 82.
a,
a, s. d . s. d.
a,
a. s. a. a, d.
a.
a.
S e l m a , A l a b a m a —The outlook for cotton is less favorable y y 16 8 ^ '©7®8 4 2 -96 7 % 4»3 6lig1!&615i0 4 3 ® 6 7
2
321.2
on account of worms, rust and shedding. There has been
4 3 ®6 7
“ 23 Q'he tb77\^ 4 2 © 6 7 ia 4M
325,44 9 ,, 6 i 8 -® 7 3 16 4 3>ea>6 8
“ 30 6 ?ie '8>7'7t6 4 2 ® 6 8
32932
rain on four days during the week, to the extent of one
Aug. 6 6 ^ ® 7 7i0 4 2 ^ 9 6 8
414
4 932 6'?16'3>738 4 4iga>6 9
inch and thirty hundredths. The thermometer has ranged
4 2 ^ 6
8
“ 13 6716
6j 8
j
4 TS2 6i i 1 '? 75 4 6 ® 6 1 0 ’ s 432.2
from 67 to 92, averaging 70.
8
4333 6i®i6®77s 4 7 ® 7 0
411,
“ 20 6% « 7 7 i* 4 2 ® 6 8
TH E
A ugust 31. isfcT.j
S ba Is l a n d
Cotton
F r id a y ) e v e n in g b y
C H K O JN IC L E .
M o v e m e n t . — W e h a v e r e c e iv e d th is
te le g r a p h
fro m
th e
v a rio u s
p orts
th e
d e ta ils o f t h e S e a I s la n d c o t t o n m o v e m e n t f o r t h e w e e k .
r e c e ip t s
fo r
th e
w eek
e n d in g
to -n ig h t
The
( A u g . 2 0 ) a n d s in c e
S e p t . 1 ,1 8 9 6 , t h e s t o c k s t o - n i g h t , a n d t h e s a m e i t e m s f o r
th e
c o r r e s p o n d i n g p e r i o d s o f 1 8 9 5 -9 6 . a r e a s f o l l o w s .
1 8 9 5 -9 6 .
1 89 6 -9 7.
JU ceipU to A ug. 20.
SH C
OK
S ince
TM e
T h i»
S ince
w eek. Sept. 1. w eek. Sept. 1. 1897.
1886
8 4 ,0 1 7
10.401
6 ,7 7 7
60
7 7 ,2 6 3
10,681
4.783
0 ,8 1 3
e ii
72
2 ,2 1 0
646
1
12 101 ,22 6
60
9 2 ,7 1 0
7 ,6 9 6
2 ,8 5 7
12
S a v a a n a h ......................... *
C h a rle sto n , A c ...................
F lo rid a , & o ..........................
T o t a l............. .................
T h e e x p o r ts f o r th e w e e k e n d in g th is e v e n in g r e a c h a t o ta
o f 8 1 h a le s , o f w h i c h 7 1 b a l e s w e r e t o G r e a t B r i t a i n , 10
to F ran ce and —
to B e v a i, a n d th e a m o u n t fo r w a r d e d
t o N o r th e r n m ills h a s b e e n 1 b a le . B e lo w a r e t b e e x p o r ts
f o r t h e w e a k a n d -u n c e S e p t e m b e r 1 i n 1 8 9 6 -9 7 a n d 1 8 9 5 -9 0 .
Bias* Sept. 1, 1 8 9 6
Week S n d in g A u g .lO .
E x p o rts
fr o m —
jffortA 'n Mi *.
G reat 1 fr* nee
Bine
G reat Fr>nce
Total. ; Week. Sept.'*
t o t a l. B r i f n
dtc.
dc.
B r im .
15,0231 3 ,1 7 6 18,204
2,9331 . . . . . .
2 ,9 3 3
8 ‘ varin'h, A c!
F lo rid a , A c .!
N ew Y o r k . .
B o s t o n .........
71
P h ilA , & a ... . . . . . .
T o t a l.........j
71
T o ta l 1895-6*
10
.• ..a .
1 3 0 .5 4 0
. . . . . . 2,2ft 6
e ;? 7 7
7 ,3 7 5 59,219 ........
......... 1 3 .9 : l
.......
102 3.929| .........
10 11,8 43
71 13,911
3,827
10
81 4 7 ,5 1 2 10,653 5 8 ,1 9 5
10
10 4 2 ,3 9 0
1 39,573
7 .3 7 2 .U 9 ,7 3 8 :
15 4 0 ,5 0 0
Q u o t a t io n s A u g , 20 a t S a v a n n a h , f o r F lo r id a s . n o m in a l
C h a r l e s t o n , C a r o lin a ;* , m e d i u m t in e , 1 5 @ 1 8 c . ; t in e , 1 8 c :
f u l l y f i n e , 1 9 . 3 2 0 c .; e x t r a f i n e , 2 5 < g 3 )c .
G o v e r n m e n t W e e k l y C o t t o n R e p o b t , — M r. W . L . M o o r e ,
C h ie f o f th e W e a th e r B u re a u o f th e A g r ic u ltu r a l D e p a r t m e n t ,
m a d e p u b lic o n T u e s d a y t h e f o l l o w i n g t e le g r a p h ic r e p o r t s o n
t h e c r o p i n t h e S o u t h e r n S t a t e s f o r t h e w e e k e n d i n g A u g , 16 :
V m o r a i A .— W e e k t o o d r y ; m u c h c o m p la in t o f d r o u g h t .
N o r t h O a k o u n a .— W a r m , v e r y d r y w e - k ; a l l c r o p s , e s p e c i a ll y c o t
t o n an d la te c o r n , a r e s u f fe r in g fro m , d r o u g h t ; e o i t o n is s h e d d i n g c o n
s id e r a b ly . h a g r u s t in s o m e s e c t io n s , o p e n i n g i n a ll s o u t h e r n c o u n t ie s .
Bo o th Oa b o u - a .— Go t i o n i m p r o v in g i n p la c e s , d e t e r io r a t i i .g i n o t h
e r s . in n e h r u s t a n d s h e d d in g , o p e n i n g fa s t , s o m e p ic k e d ,
tiK oK G iA . O c c a s i o n a l s h o w e r s a n d n o r m a l t e m p e r a t u r e h a v e s u s
t a in e d c r o p s , e x c e p t in a f e w natalities w h e r e t h e y a r e s u ffe r in g f o r
n jo is t u i e ; c o t t o n o p e n i n g r a p id ly , a n d p i c k in g w il l s o o n b e g e n e r a l.
P i x i s iw * .— Wo* 1: g e n e r a l l y fa v o r a b l e , t h o u g h t e m p e r a t u r e e x o e s s i v e :
s h o w e r s t o g o o d l y r a in s w e r e f r e q u e n t o v e r a la r g e s e c t io n ; c o t t o n
c o o t iu u e s t o s h e d , a n d w o r m s r e p o r t e d f r o m s o m e c o u n t i e s ; p i o k i n g
t h e s t a p le is p r o g , e a s in g i n m a n y s e c t io n s .
A l a b a m a .— W e l l d i s t r i b u t e d r a in s h a v e o h e o k o d p r e m a t u r e o p e n i n g
a n d s h e d d in g o f c o t t o n . C o t t o n c o n t in u e s t o m a k e f r u i t a n d is o p e n
i n g s l o w l y ; v e r y lit t l e p i c k in g d o n e .
M i s s i s s i p p i . — G e n e r a lly f a v o r a b l e w e e k ; c o t t o n o p e n i n g r a p i d l y a n d
b e in g picked a n d m a r k e t e d ; s o m a c o m p l a i n t o f w o r m s , s h e d d i n g a n d
r u s t, b u t n o t g e n e r a l,
L o u is ia n a .— A b o u t i w o - t b ir d s * f S t a t e r e c e i v e d g e n e r o u s s h o w e r s ,
u n i i i'i i i o •
i.*,m ii .«J'. i - 'b - t i t - u : l a t e o i'U o t i i m p r o v e d a n d s h o d 1
d iB g s t o p p e d b y r a i n s ; p it -k in g m o r e g e n e r a l ; e x c e l l e n t c r o p s o u t h ,
f a i r n o r th .
T k x a r . —G e n e r a l s h o w e r s a n d g o o d r a in s in s o m e t ,la c e s o v e r n o r t h
e r n a n d c e n t r a l iio r t iu n s im p r o v e d c o t t o n , w h ile d r o u g h t c o n t in u e s
iu ja ri* g c r o p s o v e r s o u t h w e s t a n d t o u t b e a s t p o r t i o n s ; p l a n t c o n t in u e s
S h e a d in g a n d b >n* o p e n i n g p r e m a t u r e ly In a ll o o r t t o n s .a n d m o r e g e n r i a l r a itn n e e d e d t o tu a to r la U y b -nett t h e c r o p ; p i c k in g p r o g r e s s e d
w e ll o v e r s i.m h e t u a n d c e n t r a ! p o r t io n s a u d h a s o o m o io u c e d o v e r
n o r t h e r n p o r t i o n ; w o r m * d u u ia g t n g la t e c o t t o n in s o a n e r e d lo c a li t ie s .
i Hit >• ' V - ■ I,,.;
'
ffmtA..
r a m a tn rM
fotai ftt 4 ,
*
•4)1
WMW7 m m m
'
il * .
IM .
Octo»>#r. ...
u jm
NOT»IDO*r ., t l,8 l 4 23.?*4
S w i e l M t . . mjm* id .iii
Yot-lst qaat
im&p?
v m -m
m%
m
m jm
m,z$*
M M • m ,iM
19.9 9
n j m 18,94k
T ot, M 9 W
e \ m » m / m M i i T M ;u t f t .4 r i m 2*^
ms !.»i
i. m a jm
4St.3il.| UUH4
Total 6 m o*. I j r .
m .m
191410
§*J£77
m m *
W iM b
imsTB
107.639
xm jxn
8*1,716
*9*,t5 f
A p r il........ « t d »
ZU7U
M ay..............
Jttn s... . . . . . . m .ri$ *iy u s
T o t .a a « a » r
110.160
104,44!
m -is w
m tjm
J sn sa ry ----tb h m m f ..
Starch . . . . . . .
as
im m
JM
im jm
m rm
1 0i.il*
vm M
Td*.
T4*
Lb*.
fM
iifjm
u m v 7¥,77 *
* .#*;
W 1 M V 41&MI
43133$ A W jm M g m
684.00#
t m j m 1 4oi.3r. 6S.ii? s 76 I P
UM7
m r s t - j smjmr
851,74** «*S.U5. 67,471 §3,011
90319
m ovi
m tn^j
m $¥>
’ 'm im i
Total 0 mm,. tvp,H7'' a o s .m
i n l y ..... .
m tja i
40M W i 463,9*0
jm m
#
m i.m < 9 *73. S
*
sm .
u
MM*
mr
* ** .
•*"'
S ao4rr am eia* .......
115,887
M ji 11
Total oxpnrt# o f cotton
I .0 6 3IW
T h e fo re g o in g sh o w s that t h e r e
im m ■tu> >«•• t i r o i a ttte
U nited K in g d o m d u rin g t h e t e n m o n t h s 1 ,0 0 5 .8 8 9 ,0 0 0 lb s .
o f m aattfactared co tto n , tgiunst l . D J j . J r j , 0 0 0 um , l a s t y e a r , o r
% de fresse o f 09,590,000 lbs.
A f u r t h e r m a s t e r o f i n t e r e s t is t h e d e s t i n a t i o n o f t h e s e
e x p o r ts , a n d w e h a v e th e r e fo r e p re p a re d th e fo llo w in g
s ta te m e n ts , s h o w in g t h e a m o u n t s ta k e n b y t h e p r in c ip a l
c o u n t r i e s d u r i n g J u l y a n d s i n c e O c t o b e r 1 in e a c h o f th e
la s t th r e e y e a r s :
• XVORTS o r
w n oe < » i «
»
ju w
»v n
m
«
n , r W M S ift t
c o u m t k ib b
i»
Awn m o w o c t o b s r 1 t o n n . r 3 1 .
P v x t >3m4*~Yar<it.
(OOG* om itutl.)
J els.
fm . i to July 31.
m i. ] ifm. | 1864. um 9 vm-m. laoi-os
7.1
Y.-tth
iK-wiMOIOti -liuv.'er;-. I*i‘ l]C iicial tO
e v e r y t h i n g ; o o n o n I m p r o t c d a u d f r u it i n g w e ll, n o d i l t t l o o o i n p l lin t o f
r u n o r s h c d iiln s ; I n c r e a s e d n u m b e r o f « r o r m « In p a r t e o f J e f fe r s o n
C o r n ie r , b u t n o d a m a g e y e t
T l s s k s — b .— E x c e p t in l o c a li t ie s w h e r e d r o u g h t c o n t i n u e s ,f a i r l y
k
S is t r lb n t e d r a in ta U w it h s e a r n u a b le t e m p e r a t u r e g r e a t ly I m p r o v e d
c o n d it io * > ; iu w o » t e t n s e o t t o n c r o p s s o m e w h a t r e v i v e d , b u t m o r e ra tu
n e e d e d l o r s u b s t a n t ia l b e n e ttt; c o t t o n d e v e l o p i n g fa lr * y w e ll.
M is s o tJ m
G o o d s h o w e r s m - o n t o l o c a lit ie s a u d in o t h e r s n o n e ;
c o l t o o s u ffe r in g f o r r a i * a n d s h e d d in g in p la c e s , e x c e p t i n fe w c o u n t ie s .
O k l a h o m ( . - C o t t o n h a * tu iu le g o o d g r o w t h im d is e v e r y w h e r e ila e ;
r a le s h a v e s u r t e i it g r o w i n g in s o u t h e r n s e c t lo u ; f u r t h e r s h e d d i n g is
n o t fe a r e d .
T h ese
E x t o r t s o f C o t t o n G o o d s p r o h c h e a t B r i t a i n . — B e 'o w
w e g iv e th e e x p o r t* o f co tto n v a rn , g o o d s , A c .. fr o m G re a t
B r i t a i n f o r t h e m o n t h o f J u l y a n d s i n e c O c t o b e r 1 in
1898-87 a n d 1 8 9 5 -9 8, a * c o m p i l e d o y u s f r o m ttte B r i t i s h B o a r d
o f T ra d e re tu rn s.
It w ill b e n o tic e d th a t w e h a v e re d u c e d
t h e t n o v * * i«n r a ll t o i v v * **
383
reports a r e
s u m t u a iiz e d a » f o ll o w * :
T he w eek ha* »>.**» B tu era lly fa v o r ah e to c o t t o n , e x c e p t in N orth
C arolina an d p o r tio n s o f S ou th C a ro lio u , M issouri arid S outliern T e x a s ,
w h ere it is suffering fr o m d to u g h t. G e n e io u s r n iu s o v e r the g re a te r
p a rt o f the c o t t o n lie.it h a v e a tte s te d p re m a tu re o p e n in g and sh e d d in g .
S t a t e W e e k l y C o t t o n R e p o r t s . — W e g iv e b e lo w Bum K ia rie* o f t h » r e p o r i g f o r t h e w e e k eu tliO K A i i g u s t 10 is s u e d b y
t h e v a r i u s S t a t » u n d e r t h e s u s p iC e * o f t h e v V e a th e r B u r e a u
o f t h e U u it e d S t a t e * D e p a n a i e n t o f A g r i c u l t u r e s o f a r a *
t h e y a p p ly i o c o t t o n .
V m o is iA . -P a *; week t o o d r y f o r all c r o p s ; m uch e o in n la in t o f
draught- t h e c o n d itio n o f crop * s h o w s a gen era l fu llin g o ff, d u e to
th e w a n t o f raht.
In M id d le a o d tid e w a te r section s ra lu o f the 10th
lias U nproved all g r o w in g cro p s.
NORTH I’ * s o u b a — W ,, g »• a * w a rm and > e rv d ry , Sonia lo ca l shove
y r i o co a rr e d , ySpcetAlly in th e * At: omt* w e s t p ortion o f th « s ta te , a n d
h e a v y dew * fari»lsio>d * o m - m u n u re .
D rou gh t h«< Iiboo in ju riou s to
n ily all cr,*p», w hieb. v itlhott. ruin . ,>■,«. are in d a n g e r > ( th in g ou t
■
-h u rt. T h ere him h w n oouslflerah le li« tiding lu c o tto n and. hoiuo ru st
is re p orted , Bat b u lk o f th e c r o p 1» still ve y n te . U ottou o p e n in g in
a ll o f the souU iei u o iuntlea.
hoCTiiUAltou.NA —liu tto a w j s not u n iform ly effe cte d bv the w eather;
m u,y rep**,-'" iudtcA lo a *e ***>,*>ib e in, uruvw tient, an d fu lly as m a n y
n ote d ete rio ra tio n , d u e ch ief!y to i*\c„,s.i sv *!>-d*lioe or squ ares an d
...•me b o lls . While o n s o u d v la n d * -h • uiaut is r., id iy d v jn g . Ito st
a ls o llalsd evyiop ed o v e r la rg e area s. The cr o p Is bo t i n th o w estern
cou nt)**. P ickin g is a - t o t c >ntio«d to the m ore e a ste rly c o u a t ie . and
w ill n ot iw gen era l fo r s o iiia tim e.to com e. A n in creit*- i o si so o f holla
noted since r « d n » o f p r e v lo u . w eek. S ea lalbutl o o t to u Im p ro v e d an d
sbvd d tn e lea* ilian la»t w eek ,
O M i i t c i T l i e w e a th e r d u r is e th e w e e k w m fa ir ly fa v o ra b le ,
tluiugi, t h e r e are a m tniher o f p la ce * tu th e Btata w h ere cr o p s are
cu fftuln g fo r m oistu re. M ost o f ih c rain that hii* fa lisu d u iln g t h e
w eek ha* been tn ti*c fo*m o f sca tte re d sh o w e rs
Gorton has im p r o v e d
v c o w s ii y , b a t is *rli! a b o u t a w eek o r ten d a y s la te. Print l* fo rm in g
ra p id ly an d m ost Bclds m e n o w w h ite with tn e n ia g b elle. P ick in g h a s
-MUBlvCMul Jo *otu* ■ th e sou th ern c o iio ile s au d w ill s o o n b o gen eral.
>
T h ere ate a few c»u ip la i *t* o f r o « t an d sh ed d in g.
A l a b a m a ,—SVi-»ih er M etdlUons ce n t r ,!D fa v o r a b le to o re p grow th
Id lid s se ctio n t g e o e c v V rirttw w e re fe lt iu n ea rly . If n o t q u ite , all
p a n s o f the H u t c . ati i to -im -> o f th e * ou tta l oo u n tle s w li re ralm s
w ere *o b ad ly n eeded * f ..... have r e v iv e d w o n d e r fu lly ; oo tto u I s g e n e t a l'y very p r o im .io g .a n d wbp** ru st an d s h e d d in g a re ro u o r .oa in
o e o t ia t a n d sou th ern c o u a llc s It I* n o fto f seriou s im p o r ta n c e as y e t.
w h ile o v e r the u ottharn h a lf o f th o St.iUs th e c r o p p rom ises a v e r y g o o d
f i e l d ; co tto n is fru itin g h e a v ily , b u t 1* o p e n in g s lo w ly au d p ic k in g is
only being d o u r in s p o t* and i* n o t w e ll sta rted as y e t.
T e s s h -s»». e
rt, w .o -k w * e lm r a c t o i t e e d b y s e a s o n a b le t e m p e r a t u r e
a n d a p r e t t y f a i r d i s t r i b u t i o n o f r a in fa ll. T h e re w e r e a IVw e x c e p
t io n * t o th e r e c o n d i t io n * . G e n e r a ll y s p e a k in g , h o w e v e r , t h e r e h a s
boon a m a r k e d c h a n g e f o r t h o b e t t o r a l l o v e r th e S t a l e a n d p r o s
p e c t * u re rutii-h m o r e e l i e c n n g . C o t t o n la m a k * o g s a t i s f a c t o r y p r o g r e s s
t o w a r d m a t u r it y . 8 i u o » tins r a in s th e r e I* n o t s o in u o ll s h e i d l a g re
p orted .
M tsson u t,—C otton in th e ftouiheastern ootralies is d o in g n ic e ly in
*om e p lic e s , w h ile iu others it is su fferin g f o r ra in , a n d in N ew
M adrid C ounty it is sh e d d in g b ad ly .
J u te B e i t s , B a g g in g , & c .— T he d e m a n d fo r ju t e b a g g in g
h ie b een o n ly fa ir d u r in g th e w e e k u n d e r r e v ie w b u t a t
IvO.Sil 1,421.947fU *»,W 0 J
I.H72.2S2
-6 49.1m ; mkm»\ ts»$\ 1
-•!.* s t e a d y p r i c e s .
Q u o t a t i o n s t h is e v e n i n g a r e 5 $ £ e . f o r \ % l b s .,
419.310
*8,717 4SM.lt) l <
> s r o o 9 (e x c e p t T o f k e j ] .......
SSl.hJi! 2 1.31* 2 1 M ‘ >
£22,018 SJ4C. f o r '£ [ i b i . a n d 0 ?£r;. f o r 2*s£ lb s . f . o . b. a t N e w F o r k .
241, W i
B eats A m e r i c a . .. ....
7 ijsm m mo m i ,744 *ir,st* J u t e b u t ts h a v e c o n t i n u e d q u i e t a t - 9 7 - ^ c . f o r p a p e r q u a l i t y ,
Berth A merles ................. .
& $$ V M M *5.335
217,374 « w . m
AH other coantrie* .. .. . . .. m j m i * W 4 1
* nm rZe-t ’ M l ,461 *95.19 > ! htC. f o r m i x i n g a n d l ^ g c . f o r s p i n n i n g c u t t i n g s , a ll b o a r
r iv e . S p it m ia g c u t t in g s o n th e s p o t a re q u o t e d a t I J g c . a n d
406. sm ♦83.0H.3 .lie m
T o ts! r»f<s».
,2 S g 8 0 S
s u m s M4M7 JUA21 'S9&jQ. A42,044 * 3 9 .0 i s p i p e r q u a l i t y a t l c .
T otal »«J*e .
t H t lnd!»«
.......................... 119,364
T a r t e r . StartRend a fries ...
7 »,«**!
Chios sad Juana............. 4«MMi
F a n w -W *
(0004 amt!UtL.i
H o lla e d ........................................
Germany..................................
S .n r
M S i;
Otfs. S a f e s * /e x ce p t T a rtter)
*.**<;
C h lo a s o d Japan
11,10
■ u t la d ie s..............................
T a rter sod
..................;
K e ro * .............. .
Alt o th e r e o n n t r t e * -----
t .s «
9/tA I
tv*
2,745
a, | 9
fs,m&
1:m-.
9M i
2.«13
4,0 *7
4,257
8.072
8*417
14 7»[ w o o
siJ*' ' •2MI0 19«»|0
£712
30,011
4M
.833-:
3H .il %
;
2 i ,C Si
M
014SW!
JM & aj
2«1.018
i«.U 6
27.84 4
•41.015
2H.4'u.
jB3g
!!<>T 028
.A Kill
20.851
SO.* (H
45.027
W.A72
21,(.79
21.71 J
11,107
T ilw «
*7.<U7
E x c h a n g e s .— T h e f o l l o w i n g
d u r in g t h e w e e k :
IT pd. to e x o li. 2 0 0 O ot. f o r Kept.
■03 p d . to Hxeli. 5 0 0 J im . fo r Peb.
■01 pft. to e x c ii. 5 00 Duo. f o r Jan.
■00 pd. to o x e k . 1 0 0 N ov. f o r Doo.
•031«1. tn e x c h 1,00(1 N ov. f o r Dec.
S ven 2 0 0 O .'t. f o r Jan.
•09 ptl. to e x c h . 2 0 0 N ov. fo r O ct.
•18 p i. t o e x c h . 1 ,1 0 0 D ec. f o r May.
exchanges
have
been
m ade
•08 p d . t o e r e h . 5 ,8 0 0 Jan . f o r O ct.
•X i pd. t o e x c h . 200 N ov. f o r O ot.
•09 pd. to e x c h , 200 N ov. fo r Fob.
•07 pd. t o e x c h . 1 ,0 0 0 J an . f o r Oot,
•08 pd. t o e x c h . 100 N o v . f o r J an .
-68 p d . t o e x c h . 1 0 0 O ct. f o r A ug.
•05 p d , t o e x c h . 100 J an . f o r O ot.
THE
334
C H R O N IC L E .
fVos.fi LXV.
The tone of the Liverpool market for spots and futures
C o t t o n C h o p C i r c u l a r . —Our Annual Cotton Crop Review
will be ready in circular form about Wednesday, Sept. 8. each day of the week ending Aug, 29 and the daily closing
prices of spot cotton, have been as follows.
Parties desiring the circular in quantities, with their business
card printed thereon, should send in their orders as soon as
Sat? da y. M on d a y. T uesday. W ed'day. T/mrsd’ y F rid a y .
Spot.
possible, to ensure early delivery.
Fail1
D o m k s t i o h,s p o r t s o f C o t t o n M a n u f a c t u r e s . — We give
below a statement showing the exports of domestic cotto n
manufactures for June and for the fiscal year ended
Juno 30, 1897, and for purposes of comparison like figures for.
the corresponding periods of the previous year are also
presented:
M a rk et, )
1 :4 5 P. M, ^
Small
inquiry.
M id , U pl’ ds.
43, 0
4%
4J s2
4Tj6
4%
4332
S p ec. & e x p .
5 ,0 0 0
5 00
1 0 ,0 0 0
1 ,5 0 0
8 ,0 0 0
i^ o o o
8 ,0 0 0
1 ,0 0 0
1 0 ,0 0 0
1 ,0 0 0
7 .0 0 0
1 .0 0 0
S teady at
Q uiet at
E asier.
Easier.
M oderate
dem and.
business
d o in g.
F u tu res.
S teady at
E asy a t
S teady a t
E asier.
Q uiet at
Ma
12 m os . WJdMnff J 'm SO, 1 :4 5 rk.e t, ? 1-64 d e 3-04 de partially 1-04^ 3-04 2-6*1 ad 1-64: # 2 -6 4
p M, (
d eclin e.
cline.
vance.
c lin e .
L-64 dec. , decline.
1896-97. 1895-96
Q uiet bu t
Barely
M a rk et, )
Q uiet.
Easy.
Q uiet.
E asy.
11,094,345 7,869,779
8Teady.
steady.
4. P. ,M J
.
1,588.698 2,394,732
154.956
663.3*6
The prices of futures at Liverpool for each day are given
687,603 3,229,780
•2.497
J
2,562,754 29,480.86 i 19.705,604 below.
Prices are on the basis of Uplands, Low Middling
5,577,808 7,889,198
1.142,237
clause, unless otherwise stated.
1,105,47(5 11,581.098 11,980,847
g | P The p r ic e s a r e g iv en i n p en ce a n d 64/4.9. T h u s : 3 6 3 m e a n s
23,715
291,20*
210,113
48.212
110,698
494,981 3 0 3 -6 4 # . ♦ a n d 4 01 m ea n s 4 1 -6 4 $ ,
1,837,(147 2,166,010
213,490
616,. 05 13,453.038 12,793,229
S a t,
TT nes,
T lm r s .
M on.
W ed.
F r i,
807,113
3.262 983 8,081,099
8.331,32-4 12,520,551 A n y . 14 to
995,078
6,730,924 7,256,821
588,136
A u g , 20.
1:45 4 1:45 4 1:45 4 1 :4 5 4 1:45 4
123s
36,25^,070 27.945,871
P.M . Pi M. P. M. P. M, P.M . P. M, P. M, P.M . P. M. P.M , P .M . P .M ,
133,290,906 73,261,149
5.P53 829
20,761
753,416
d. d.
d,
d.
d.
d.
a.
d.
d.
d.
d.
d.
3oO,50o 3,670,360
2,471,930
A u g u s t ......... 4 0 6 4 o e 4 03 4 0 ! 3 63 3 63 3 62 3 63 4 02 4 01 3 62 3 6 1
1,058,983 .33,710,341
5,903,002 A u g .-S e p t ... 4 0 1 4 0 1 3 62 3 60 ,3 59 3 58 3 58 3 58 3 62 3 60 3 58 3 5 7
2,860,497 16,284,310 15,405,900 S e p t.-O ct - -- 3 58 3 58 3 55 3 5 4 3 52 3 52 3 51 3 51 3 54 3 53 3 51 3 5 0
1,248,150
70,674 9,080,445 O c t,-N o v ___ 3 52 3 53 3 49 3 48 3 47 3 46 3 45 3 46 3 49 3 48 3 45 3 4 5
33.227.350 313,5? 3,04 4 225,139,303 N o v .-D e e ___ 3 5 0 3 5 0 3 46 3 45 3 4 i 3 44 3 43 3 43 3 46 3 45 3 42 3 4 2
D e c ,- J a i l ___ 3 48 3 48 3 45 3 4 4 3 43 3 43 3 42 3 42 3 45 3 4 4 3 42 3 4 1
$1,780,309 $17,281.6 i $12,953,357 J tt n .'F e b ___ 3 43 3 48 < 45 3 4 4 3 43 3 43 3 42 3 42 3 45 3 44 3 41 3 4 1
$’ 0537
$•0551
$ -576 F eD .-M eb___ 3 49 3 49 3 45 3 4 4 3 43 3 43 3 42 3 4 3 3 45 3 4 4 3 4 2 3 4 1
•
Quantities of Manufacturei o f Cot Month mdina J n w 30.
ton {colored and uncolored)
1807.
imported to—
828.1 ^2
17,153
38.000
35,739
H a lt e d K i n g d o m .........................y a r d s
G e r m a n y ..................... ......... . . . . .
F r a n c o .. . . . . . . . . . . . . . . . . . .
...
O th e r c o u n t r ie s in E u r o p e . . . .
B r it is h N o r t h A m e r i c a . . . . . . .
M e x ic o ....
............. . . . . . .
C e n tr a l A m e r i c a n S t a t e s a n d
B r it is h H o n d u r a s . . . ...........
C u b a .......... .
...............
P u e r t o R i c o ............. ...................
S a n t o D o m i n g o ................
O th e r W e s t I n d i e s . . . . . . . . . . . .
A r g e n tin e R e p u b lic .. . . . . . . . . .
eoi,a;>6
406,031
1,535,521
12.150
3,400
115,334
818,132
00,373
Brazil ........................, ......... .
681,054
613.355
1,420,471
5,554.707
•1,938,808
198,650
d o i t e d S t a t e s o f C o l o m b i a .. .
O th e r c o u n t r ie s in S . A m e r i c a
C h in a .. . . . . . . . . . . . . . . . . . . . . . . . . .
B r it .P o ft s e s 'n s in A u s t r a la s ia
B r it is h E a s t I n d i e s . . . . . . . . . . .
O t h e r c o u n t r i e s in A s i a a n d
O c e a n ic a ........................................
A f r i c a . . . . . . . ...................................
O t h e r c o u n t r i e s . ...............
4,138,142
2,042.242
9,973
24,117/87
T o ta l ya rd s o f a b o v e ..
$1,183,2*5
$’ 0491
T o t a l v a lu e s o f a b o v e .,
V a lu e p e r y a r d ................... .
Values o f other M a n u fa ctu res o f
Cotto n exported to—
U n it e d K i n g d o m . . . . . . . . . . . . . . . . . . .
G e r m a n y ...............................
F r a n c e . . . . . . . . ................. ..........................
O th e r c o u n t r ie s i n E u r o p e . ..............
B r it is h N o r t h A m e r i c a .. .....................
M e x i c o .....................
C e n tr a l A m e r i c a n 8 t a t e s & B ritis h
H o n d u r a s ................ ..............................
C u b a ...... .....................................................
P u e r t o R i c o ................. .............................
S a n t o D o m i n g o .............
— .....
O th e r W e s t I n d i e s . . . ___ . . . . . . . . . .
A r g e n t i n e R e p u b l i c . . . . . . . . . . ..........
B r a z i l .. ..
................... . . . . . . . . . . . . .
U n it e d S t a t e s o f C o l o m b i a .. ...........
O th e r c o u n t r ie s i n S o . A m e r i c a . . . .
C h i n a . . . . ..........
................................
B r it is h A u s t r a l a s i a ...............................
B r it is h E a s t I n d i e s . . . . . . . . . . . . . . . .
O t h e r c o u n t r ie s In
A s ia
and
O c e a n ic a .................... .
A f r i c a . . . . . . . . ..................... ......................
O th e r c o u n t r i e s ................
T o t a l v a lu e o f o t h e r m a n u fa o
t u r e s o f . ...............................................
Aggregate value o f all cotton good*
732
5.617
112 434
22,379
25,147
1,787
■J8i
1,048
7,148
9,440
3,2*1
7,697
8,585
11,560
15 071
440
24,211
5,648
719
1.756
4,7u..
5.837
8,532
3,34i
4,691
24362
10,864
30,539
7,053
409
11
2,3 >8
2,720
$311,915
$312,478
SI,485,110 $2,095,78
$384,675
171,080
16.6U2
50.420
1,754,002
322,729
] 93,310
40,282
6.09o
10.119
86.8-17
41,933
7.3.787
32 772
50,033
381,178
119,4 <7
3,721
262,433
4 0 321
16,803
$407,056
219.009
10,493
51,817
1,351,179
346,139
210,683
42,444
4,945
31,012
82,305
00.H-J5
67,975
54,832
51,6-3
181,397
4,056
371,736
70,232
10.7 o7
$41,64-4
11,100
14
2,282
11S,681
27,644
$1,758,058 $3,879,039
$2L,0:7,678 $16,837,396
S h i p p i n g N e w s .— T h e exports o f cotton from the United
States the past w e e k , as per latest mail returns, have reached
3,192 bales.
Total ta le s .
N e w T o e s — T o H a v re , p e r stea m er Ira N orm an d ie, 152 upland
162
and 10 Sea Is la n d ....... . ................................... ....... .............. .
T o B rem en, p e r stea m er U . H. M eier, 1 0 0 .............................. . .
100
T o G en oa, p er stea m er W erra , 2 3 5 . . . ............... ........................
235
T 0 N aples, p e : stea m er W erra, 100
...................................
100
T o J ap a n , p er stea m er F ern fleld , 4 0 0 .........................................
400
N e w O r l e a n s —T o .L iverpool, p er s t e a m e r In v en ter, 1 ,3 2 4 .......
1 ,3 2 4
T o G en oa, per steam er M o o r is h P rin o e , 6 4 1 ......... .......... ........ .
641
B a l t i m o k e —T o B r e m e n , p e r s t e a m e r O ld e n b u r g , 2 ..................
2
P h i l a d e l p h i a — T o L iv e r p o o l, p e r stea m er P enn iand , 2 2 8 ....... .
228
T o t a l ........... ......................................................... .......... ........................
3 ,1 9 2
Cotton freights at New York the past week have been
as follows.
S a lu r.
L iv e r p o o l,a s k e d .d .
1 2t
H a v r e . . . .............
3 0 ® 351
B re m e n ...............
241
H a m b u r g ........... .d.
251
A m s te rd a m ........
351
R e v a l, v . H am b .d.
401
D o v . H u ll.. .d.
1384
^R otterdam ........ d.
351
G e n o a ................. .a .
251
T rie s te ................ .d.
301
A n t w e r p .............
SS2
G h e n t,v .A u tw ’p .d .
3ie
t C ents net, p e r 1 0 0 lb s .
M on,
lu es .
12f
30i
251
251
351
40 i
12!
301
251
251
3 5t
401
s18
351
301
351
S18
35t
sot
351
539
he
5sa
Wednes. T/mrs.
121
301
251
251
351
401
S18
351
301
351
532
»16
121
301
251
251
351
401
318
35t
301
351
532
he
Fri.
12!
30 f
251
25f
351
401
351
301
351
ha
L i v e r p o o l . —By cable from Liverpool w e have the follow
ing statement of the week’s sales, stocks, &c., at that port.
J u ly 30,
S ales o f th e w e e k ........... b a le s .
O f w ille d e x p o r te r s t o o k . . .
O f w h ic h s p e c u la to r s to o k .
Sales A m e r ic a n ..........................
A c t u a l e x p o r t ............. ...............
F o r w a r d e d ....................................
T o t a l s to c k —E stim a te d ...........
O f w h ich A m or! ca n —Est-m’ d
T o ta l im p o r t o f th e w e e k .......
O f w h ich A m e r ic a n . . . . . . . . .
A m o u n t a f lo a t .............
O f w b lo b A m e r ic a n ......... ...
5 6.0 00
2 ,9 0 0
1,800
5 1 .0 0 0
11.0 00
5 1 .0 0 0
7 2 1 .0 0 0
6 0 4 .0 0 0
9 .0 0 0
5 .000
19.000
1 2 .0 0 0
A u g . 6.
47.0 00
3 ,3 0 0
1,100
42.0 00
12.000
45.0 00
670 .00 0
5 5 4 .00 0
11.000
7 .0 0 0
11,0 00
6.000
A u g. 13.
55.000
4,700
600
48.000
8,000
52.000
616,000
502 ,00 0
5.000
1.000
10.000
6.000
A u g ' 20.
44.0 00
5,900
700
4 0.0 00
7 .0 0 0
45.0 00
572.000
4 5 8 .00 0
8 .0 0 0
3 .0 0 0
11.000
7 .0 0 0
M o b ,-A p r il.. 3 49 3 50 3 46 3 45 3 44 3 44 3 43 3 43 3 46 3 45 3 43 3 4 2
A p ril-M a y ... 3 50 3 5 0 3 47 3 48 3 45 3 45 3 4 4 3 44 3 47 3 4 6 3 44 3 4 3
M a y -J u n e ... 3 51 3 51 3 48 3 4 7 3 46 3 46 3 45 3 45 3 48 3 47 3 45 3 4 4
J u u e -J l i ly ...
BREADSTUFFS.
F r id
ay
,
August 29, 1897.
The market for wheat flour has been firm and prices have
again advanced, reflecting a further rise in wheat values.
There has been a fairly large volume of business transacted,
as both the home trade and exporters have been buyers, hav
ing been influenced by the continued upward tendency to the
grain market. City mills have had a fair sale at advanc
ing prices. Bye flour has had only a limited sale, but
prices have improved, following the advance in wheat flour.
There has been an advance in prices for corn meal in sym
pathy with the increased cost of corn, but only a limited
amount of business has been transacted.
There has continued an active speculation in the market
for contracts and at times the trading was accompanied by
considerable excitement, and the net changes in prices for
the week show a further sharp advance. Early in the week
there was a fairly sharp rise in values on active buying,
stimulated by stronger foreign advices, large purchases for
export and advices from the Northwest reporting dam
age to the crop by frosts, Tuesday there was an easier
turn to the market, prices reacting 1 % @ 1 % c .
There
was less activity to the trading, and as longs sold to
realize profits and crop news from the West was
generally of a favorable character, the tendency of
prices was downward. Foreign advices did not show the
strength expected, and this also gave an easier tone to the
market, Wednesday there was an active, excited and de
cidedly higher market. Foreign advices came much stronger
than was expected, estimates on the probable yield of
spring wheat were being reduced as a consequence of the
recent reported unfavorable weather conditions and there
was an active export demand, all of which had a tendency
to stimulate renewed buying both for investment account
and by shorts to cover contracts, with the result that prices
for the day showed an advance of 4@4t|'c. Thursday there
was an unsettled market. There was free selling both by
foreign and local longs to realize profits and the final
prices for the day showed a decline of M @ % o- To-day there
was an active and excited speculation, and an exception
ally sharp advance occurred in prices, the result of stronger
advices from the United Kingdom, accompanied by crop
damage reports, rumors of large export purchases and re
duced estimates on the yield of the spring-wheat crop. The
close showed prices 5% < 5%c. higher for the day. On the
t
curb prices for September advanced 3%e. to $1 01%. The
spot market has been active, large sales being made- to ex
porters. The transactions included No 2 red winter at
§1 03%@1 08% f.o.b. afloat; No. 2 hard New York at $1 01%
f.o.b, afloat and No. 1 hard Duluth at §1 07% f.o.b. afloat
and No. 1 Northern Duluth at $1 07%@1 08% f.o.b. afloat.
D AILY CLOSING PRICES OV NO. 2 B E D W INTER WHEAT.
A u g u s t d e liv e r y .. . . . . . . c .
S e p te m b e r d e liv e r y .. . . . c .
O c to b e r d e liv e ry ........
D e c e m b e r d e liv e r y .. --.C .
Sat.
911-4
89%
88%
87%
M on.
93-%
91%
90*2
90
Tues.
92
90
39*8
8 8 7a
Wed,
9(>H
9414
93 %
Thu rs.
F ri.
96
10138
94
99%
93U
98%
92%
98^4
THE
A cgcst 31. 1897.]
C H R O J S IC L E .
335
There has been a moderately active speculation in the
The demand for brown sheetings has been quiet for stand
market for Indian com futures and prices have advanced ards and three yards, which are not difficult to buy at pre
sMghtlv. mainlv in sympathy with the rise in wheat values, vious prices In four yards and lighter weights the market is
although early"in the week talk of a possible frost in the generally well sold and firm. Brown drills are also very firm,
com belt had a strengthening influence. Subsequently, stocks being limited throughout. Brown osnaburgs and ducks
however, weather conditions were reported generally fav in fair demand, without further change in prices. Low grade
orable for the growing crop, and at the advance there was bleached cottons are against payers, wish a fair demand and
selling by tongs to realize profits. To-day the market was light stocks. Medium and fine grades firm, but sales moder
/stale, higher on stronger foreign advices and in sympathy ate. Sales of denims are restricted by limited supplies and are
with the advance in wheat. The spot market was active very firm. In other coarse colored cottons also there is a
and higher. The sales included No, 3 mixed at SSJ^c. f. o. b. firm market, with fair sales. Wide sheetings firm, with more
doing. Cotton flannels and blankets strongly held. Kidafloat.
iiAix-v cjlosino p r ic e s o f s o . 2 m i x e d c o b s .
finished cambrics firm at previous prices. There has been
F ri. an active demand for fancy prints in both siandard and
M on.
Tkurs.
lu e s .
IfX f.
Sal.
32 V,
33%
3 4%
32%
33%
.G.
August delivery.........—
33%
34% lower grades, and the market' is getting well sold up at
33%
32?a
>3%
S e p te m b e r d e liv e r y ___ .0. 3 A "
a.
firm prices. Black and whites and greys and other staple lines
.
3 4%
35
34%
33%
O c to b e r d e liv e r y ...
35
3 0% are in improving demand, with a tendency in some quarters
ts%
35%
.0* 3 5 %
33%
D e c e m b e r d e liv e r y .
Oats for future delivery' have been quiet and despite the towards higher prices. A steady business is reported in staple
fact that .prospects have been favorable and there has been ginghams and the market is firmer. Print cloths have been in
for extras, with reserved sellers.
a large movement of the crop, prices have made fractional good request on basis of
1897.
1 89 6 .
1 89 6
1 89 4 .
advances in sympathy with the rise in other grains. The
S tock o f P r i n t C loth s—
A u g . 14.
A u g . 15.
A u g . 17, A u g . 1 8.
export business has been fairly good, and this also has a A t P r o v id e n c e , 6 4 s q u a r e s . 4 1 9 ,0 0 0
3 5 5 ,0 0 0
1 * 1 ,0 0 0 3 2 2 ,0 0 0
5 3 ,0 0 0 6 1 4 .0 0 0
strengthdhmg influence upon the market. To-dav there At F a ll R iv e r . 6 4 s q u a r e s / 7 „ , ,-,n A ) 9 6 0 ,0 0 0
(
7 0 0 ,0 0 0
7 7 ,0 0 0 2 2 1 ,0 0 0
was an advance of % c. in prices in sympathy with the rise M F a l l B i v e r ,o d d s ir e s .. 5 '
in other grains. The spot market was quiet, the advance in
T o ta l s t o c k ( p i e c e s ) ....1 .2 1 2 .0 0 0 2 ,0 1 5 ,0 0 0
2 7 1 ,0 0 0 1 ,1 5 7 ,0 0 0
prices checking business. The sales included No. 3 mixed
W o o l e n G o o d s — S o m a n y large buyers have completed
at 31c. in elevator and No. 2 white at 25i$e. in elevator.
their first round of purchases of light-weight, woolen and
D AU .Y CLOSU G PRICES OP JiO. 2 MIXED (U 1 S .
worsted goods for men’s wear that there has been a natural
Sat.
Mo u.
T u ft. Wed.
T ku rs. F ri.
falling off in the volume of business doing. There have also
A u g u st d e liv e r y ............. . . . c ........
22%
2 2 s* 2 3
23
23%
been so manv lines withdrawn from sales that the relations of
S ep tem b er d e liv e r y ............o. 21%
22%
22% 22%
2 2 s*
23
supply and demand have been fairly well preserved and the
Rye has had only a limited sale, but prices have advanced
strong tone of the market fully sustained. The goods with
•with wheat. Barley has been quiet.
drawn are nearly all in low and medium grades o f fancy
The following are'closing quouttiors;
woolens, upon which there has been a n extensive run, Ad
FLOOR.
vances previously are, in She majority of instances, realized
P in e ............................ * 2 25 8 2 8 5
P a te n t, W in ter....... $ 5 0 0 3 5 45
without difficulty in both the low and higher grades of goods.
C ity m ills, e x t r a *
5 * 0 3 5 50
S u p e rfin e .................. 2 5 0 a 3 l o
Fine worsteds are selling more freely than for a number of
B y e flou r, s u p erfin e 2 0 0 « 3 t o
E x tra , S m 2 ........... 3 OO 3,3 -10
B u ck w h ea t flo u r ............... » . . . .
E x tra , S o . 1 ........... 3 25 • 3 9 5
seasons past. Business in overcoatings is fairly satisfactory,
C ora m eai—
C le a t s ........................ 4 00 a 4 30
and there is a steady demand for cloakings at firm prices.
1 7 0 # 2 03
S tr a ig h ts .................. 4 1 0 3 5 OO
Satinets have been in moderate request only but cotton warp
B ra n d y w in e . . .
2 10
P a te n t, S p r i n g . ... . 5 0 0
------------------------------■
ca^simeres have sold fairly. The demand for both staple and
(W h e a t Bear In sack s s ells a t p rice# b e lo w th o s e fo r b a r r e l
fancy dress goods has been o n a liberal sc>.le, and advances of
ORAIN.
fully 10 per cent are reported in some lines of all-wool cash
W heat—
o.
c.
1 C orn , p e r b u sh —
c
S p n n e , p e r b u s h . . 1 01 3 1 0 4 % '
W extern n i i t e d ..........S 3 % * 3 0
meres and serges. Flannels and blankets firm, Carpets tend
B e d W inter, N o. 2.1 0 1% 3 1 o 3 '„
N o. 2 m ix e d ............. 3 4 1 3 3 5 %
*
ing upwards.
Y e llo w ........34 # 3 6
R ed W in t e r .............i 0 0 * 1 0 4
N o n h e r o . t o . l . . . t 0 7 % . » i 08 %
W c*terft W h ite .. . . . . . . 8 4 # 3 0
Fomins Dby Gixite.—The demand for foreign woolen and
Date—M ix 'd ,p e r b -h . 2 2 * 25
Ryo*—
worsted (Ir’--.- fabrics has been on a more liberal scale in quite
Wostern, per t»ouih,..,52 #54
W h i t e ,.. .. ........... 2 4 » 32
a firm market, and there has been more business at firm prices
S t a t e a n a Jfm m y . . . . . * 5 3
#55
S o . 2 m ix e d ______ 2 4 * 25
B irief-W % «tiETS* . . . . . . . 4 0 # 5 3
N o. 2 w h ite............. 2 5 % 3 2 6%
in piece silks and ribbon*, and in linens, hosiery and under........ ..30%#37
Feeding
wear. Men’s-wear woolens and worsteds have been quieter so
F o r o th e r t a b le * a * i a l l r c l v e o h e r e *ee e a t e 3 I 1
far as orders have gone, but prices are well maintained.
I m p o r t a t io n s a n a I V a r e lia u ie W i t h d r a w a l* o f D r y G o o d s
T H E D R Y G O O DS T R A D E .
N e w Y o r k , F r i d a v , P , M,, August 20, 1897,
There has again b-'-n a large attendance of buyers in the
market aid the jobbing trade has had another quite active
week, Business in the primary market has hardly been a*
fall in volume as during recent weeks, owing to so many buy
ers having filled their requirements for soiae time to come in
both cotton and woolen goods. It is quite probable, however,
that business will continue good of fair propordons at least,
there being ample evidence that the needs of the general run
of the trade will famish ample baying support to keep ap a
good ontwa d movement of merchandise. In staple cottons
the market ia now, with hardly an exception, in g *od shape,
and there should be no difficulty in maintaining whatever has
been gained in prices, with prospects .<f further advances in
some directions In woolen goods the situation shows undiminished strength, although there has been U business passrsa
lug. There has been a resumption of work by some cotton
nulls recently idle, bat the curtailment of production is still
considerable and stocks ars in very much better «hapa from
the seller,' point of view than th-y were a month ago. Col
lections are very favorably reported upon.
D o m e s t i c C o t t o n G o o d s — T h e e x p o r t s o f cotton goods
from this port for the week ending August in were 7,552
packages, valued at *279,138, their destination oomg to tbv
points specified in the tables below:
H aw T or*
to
1 09 7 .
A co. lo .
iivefc. S ince J a n 1
Week. Since J a n , 1.
G reat B rita in ........................
O th er E u r o p e a n ................ ...
C h i n a .........................................
I n d ia ............... .— ................. ..
A ra b ia ................................... ...
A fr ic a
.....
J fs s t I n d ie * ..............................
“ * * '« > .......................................
C e n tr a l A m e r ic a ....................
S o o th A m e r i c a . . . , .
O tn er C o u n t r ie s .__________
219
34
4.93V
312
T o t a l . . . . . ............. .........
C hina, via V a n co u v e r* ,.
7 ,5 5 2
***.„
7 ,5 5 2
T o t a l........
158
226
127
211
9 ‘5
398
78
10
1 ,4 3 7
321
98
201
1.HB4
196
....
2 ,1 2 0
1,1*45
7 " ,3 4 I
3 ,5 2 6
18,3 24
19,2 35
7 ,6 2 2
1.869
5 ,7 5 0
3 0 .8 8 3
2 ,5 8 3
1 8 7 .1 9 6
12,3 00
5 ,1 7 3
**•*
158 .29 3
2 2 ,3 0 2
1 9 9 ,4 m
.6,173
180 ,60 0
3 ,v o i
2 ,2 7 5
9 4 ,7 5 4
5 ,3 7 2
16.199
13 £37
9 .154
2,14%
5,351
3 1.8 86
3 ,2 1 9
.
!
1,180
Th® value o f the N ew Y o r k exp orts fo r the yea r to date has
been *7,288,7
8 ia
I W against jsf.ot ‘ ,-H i in
The importations and warehouse withdrawals of drygoods
at this port for the week ending August 19, 1897, aud since;
January 1, 1897, an 1 for the corresponding periods of last
year are a» follows;
TH E
3bfi
S t /t T s
m
C it y
u
TERM S
T he
extra
a .n d
I
n v e st o r s
’
S
OF
S U B S C R IP T IO N ,
u pp l e m u x t
w ill
ba
fu r n is lis 1
c h a r y ’ t o e v e r y a n n u a l s u b s c r ib e r o f
F
in a n c ia l
C
(H R O N IC L K
h r o n ic l e
th e
C
w ith o u t
o m m e r c ia l
.
The S t a t e a n d C i t y S u p p l e m e n t will also be furnished
without extra charge to every subscriber of the Chronicle.
The S t r e e t Ra il w a y S u p p l e m e n t will likewise b e fur
nished icithout extra charge t o every subscriber o f t h e
C
h r o n ic l e
.
The Q u o t a t i o n S u p p l e m e n t , i s s u e d m o n t h l y , w i l l
furnished without extra ch irge t o e v e r y s u b s c r i b e r
C
h r o n ic l e
a ls o b e
of
the
.
TERMS for the C h r o n i c l e with the f o u r Supplements
above named are Ten Dollars within the United States and
Twelve Dollars in Europe, which in both cases includes
postage.
Terms of Advertising—(Per inch space.)
O n e t i m e ........................................... $ 3 5 0 | T h r e e M o n t h s ( 1 3 t i m e s ) . . $ 2 5 0 0
O n eM on th
(4 t i m e s ) .. 1 1 0 0 S ix m o n t h s
(28 t i m e s ) . . 4 3 0 0
T w o M o n th s
( 8 t i m e s ) . . 18 00 | T w e l v e M o n t h s ( 5 2 t i m e s ) .
58 00
T h e a b o v e t e r m s f o r o n e m o n t h a n il u p w a r d s a r e fo r s t a n d in g c a r d s .
New York City.— Tax Rate.— The Finance Committee of the
Board of Aldermen has fixed the general tax rate for 1897 at
210 per cent aDd the tax on the personal estate of corpora
tions at 1 884 per cent.
Accordiog to the Comptroller’s report the assessed valuation
of real esiate subject to taxation within the city and county ot
New York for the year 1897 is $1,787,186,791 and the personal
$381,449 065. a total of $2,168,635,856, which is a net increase
of $62,150,951 over the amount for the year 1896.
The total taxes to be raised in 1897 are $45 333,402 83, in
cluding $902,847 64 for deficiencies. The tax of 2’10 per cent
on real and personal estate subject to taxation for all city and
county purposes, amounting to $2,090,083,174, will yield the
sum of $43,891,746 65, and the tax of 1 -834 per cent on the
valuation of the personal estate of corporations, exempt from
taxation for State purposes, amounting to $78,552,682, will
yield $1,440,656 18. The item of $902,847 64 included in the
budget is to meet such deficiencies as may occur in the actual
product of the taxes to be imposed and levied in and for the
year 1897. This figure is a trifle less in amount than that rec
ommended last year—i. e., $9(3,758 97. In percentage of the
total tax levy, however, it is considerably smaller—i. e., 1"991
per cent, as against 2-012 per cent in 1896. The average per
centage which the amounts included in the tax levies for de
ficiencies, etc., in the last twenty yrars have borne t a the
total of those tax levies is 2 032 per ceEt.
North Carolina.—Additional Taxation D efeated —At the
State election held Angust 11, 1897, the vote was almost unan
imous against the proposed additional taxes for support of
the public schorls. The plan submitted to the people pro
vided that each township should vote separately the amount
of additional taxation imposed upon itself and for the State
to give said township a like sum provided it did not exceed
$500.
Knoxville, Tenn.—Consolidation Election.—At, a recent
election the people of Knoxville, North Knoxville and West
Knoxville, voted in favor of consolidating by a large majority.
The population of “ Greater Knoxville” will be about 40,000.
B o n d P r o p o s a ls an d
week have been as follows.
N e g o t i a t i o n s this
Adams County, Miss.—Bond Offering.—Proposals will be
received until September 1, 1897, by Adams County, for the
purchase of $16,000 of 5 per cent bonds.
Alhambra (Cal.) School D istrict.- Bond Election.—At an
election held recently by the Alhambra School District of Los
AngeleB it was voted to issue $2,500 of school bonds.
Anderson, Minn.—Bonds Authorized.—On August 9, 1897,
the citizens of Anderson voted in favor of issuing bonds for
an electric-light plant.
Ashland Connty. Wis.—Bond News.— On August 9, 1897,
the CouDty Board voted by one majority to reconsider its
action of June 16, 1897, instructing the District Attorney to
commence immediate action to set aside and declare null and
void $160,000 of bonds issued to aid in the construction of the
Minneapolis St. Paul & Ashland RR Co. This railroad is in
tended to extend from Ashland to Hayward, and about thirty
miles of the road from Ashland to the Duluth South Shore &
Atlantic tracks have been completed. On this portion of the
road the railroad company was to receive $65 000 when com
pleted and (rains running regularlv. The $65,000 of bonds
were deposited with the New York Security & Trust Com
pany and have been turned over to the railroad company
upon the affidavit of the Chief Engineer that the trains were
running regularly.
It is claimed by the county officials that no trains are regu
larly running over the new line so far as the general public
knows, excepting for the purpose of living up to the letter of
the law.
The District Attorney has already instituted suits to test
the $05,000, which he is now1 ordered to drop.
[V ol . LXV.
Ashland, Ore.—Bond Redeemed.—The Mayor and the City
Council of Ashland have arranged to pay one of the bonds of
$1,000, issued about 10 years ago. The t tal of the bonds was
$6,000, and they were issued f< r the purpose of constructing
water works, the rate being 8 per cent. The city has also
arranged to pay $800 of outstanding warrants bearing 8 per
cent interes .
Attleborough (Town). Mass.—Bond Offering.— Sealed bids
will be received until 2 o’clock p . M . , A u g u s t 2 4 , 1897, by John
T. Bates, Treasurer, for the purchase of $10,000 of 4 per cent
gold water-supply bonds. The securities are in denomina
tions of $1,000: interest will be payable semi-annually in
January and July, at the office of the Boston Safe Deposit &
Trust Co), at which place the principal will be payable at
maturity. July 1, 1927. Accrued interest from date of issue,
July 1, 1897, is to be paid by purchaser.
The bonds are issued pursuant with Chapter 52 of the Acts
of the Legislature of Massachusetts for 1897, and authorized
unanimously at a special election held March 1, 1897.
The bonded debt, including this issue, is $315,000 and the
total debt $380,000. The net debt is $331,425. The assessed
valuation is $5 661.500, aDd the population in 1895, 8,287.
Bay County, Mich. —B on d Redemption. — Bonds to tbe
amount of $84,500 of the issue of $100,O due August 1, 1897,
t'O
have been redeemed by Bay County. The holders of the re
maining $15,500 could not be found and tbe money to retire
the same has been left on deposit at the National Bank of the
Republic of New York City. As will be remembered, $100,000
of new bonds were negotiated a short time ago
Beatrice. Neb.- B o n d N ew s— The city of Beatrice has
answered the petition filed by the Northwestern Mutual Life
Insurance Co. for the purpose of recovering payment on the
bonds issued by the city in aid of the construction of the
Kansas City & Beatrice Railway. The city alleges that the
conditions upon which the bonds were is*u -d have not been
complied with. The road was not built where stipulated,
nor the round-house and station erected at the places agreed
u po d .
The city asks, therefore, that the bonds amounting to
$50,000 be declared null and void.
Bexar C >unty, Texas.—Bonds Proposed. — The Bexar
Countv official* on August 11,1897, were in consultation with
the At'or ev General regtrdiug a propos’ d issue of about
$290,000 of refunding court-house and jail bondsof this county.
Blairsvllle, Fa.—Bond Sale.—On August 14, 1897, refund
ing bonds to tbe amount of $ 16,9 J were awarded to S. A.
O
Kean of Chicago at 101 25.
Bonrne, Mass.—Bond Sale.—The followingisa complete list
of bids received August 14, 1897, foi $32,000 of 4 per cent
Shore Road notes:
C. B . W ilba r, B o s to n ................... 103'27 I N. W . H arris & Co., B o s t o n ........ 102-83
K. L . D ay & Co., B o s t o n ..............103*197 I B lodget, M erritt & C o., B o s to n . .102*83
Jas. W . L on gstreet, B o s to n .......103’ 172 I A d am s & ’ o., B o s t o n .....................102*54
Parkinson & Burr, B o s t o n ..........103*15 |H . S. H o m e r & Co., B o s t o n ...........101*631
The honds were awarded to C. B. Wdbsr.
B r is t o l C ou n ty. Mass.— N ote O ffering —Proposals will be
received until 1 0 o’clock a . m . , August 3 1 . 1 8 9 7 , b y t h e County
Commissioners, Taunton, Mass., for the purchase of $ 1 0 0 0 0 0
of 4 per cent notes The notes are issued pursuant to Chap
ter 3 6 8 , Acts of I 8 9 3 j Chapters 2 3 9 and 5 3 0 , Acts of 1 8 9 4 , and
Chapter 2 0 0 , Acts of 1 8 9 7 . The securities will be in denom
inations of $20,000 each, and will mature in four y*ars from
t h e date of iisue, September 1, 1 8 9 7 .
The interest will b e
payable semi-annually.
Brooklyn, N. Y,— Bond Sate.— The following is the com
plete list of bids received August 20, 1897, for $190,000 of 2%
per cent registered Wallabout bonds:
H a rvey Fisk & Sons, N ew York.l05*44
R . L . D a y & Co., B oston ...............105 L 8
d
N. VV. H arris & Co.. N ew Y o r k .104*777
B en w ell & E v eritt, N ew Y o r k .. 104*55
E stab rook & Co.. B oston .......... 101*53
F arsou, L e a ch & Co.,N ew Y ork .l0 i*1 5
I E d w . C. J o n e s Co,, N ew Y o r k . . .104*095
B e rtro n & Storrs. N ew Y o r k ...103*77
I W ilso n & Stephen s, N ew Y o r k .. 102*772
I D an’I A . M o ra n & C o .,N e w York.102‘0?
S. A. K ean, C h ica g o ....................... 100*50
|
1 he bonds were awarded to Harvey Fisk & Sons.
Tbe securities will be dated August 24, 1897, and the inter
est will be payable semi annually on the first days of January
and July. Tbe principal will mature January 1. 1928.
Temporary Loans Awarded.—On August 20, 1897, tbe fol
lowing bids were received for tbe $1,060,000 4 p -r cent cerlilicates of indebtedness and $1,000,000 of 4 per cent tax certifi
cates.
FOR THE CERTIFICATES OF INDEBTEDNESS.
B
lake Bros. &Co.. New York...)
M
organ & Bartlett, NewYork. \entire issue, all or none,
Kings County Savings Institution, Brooklyn .............
........................ 100*1655^
$ 1 0 0 ," 0 0 @ 100*34
r 0,000(3 100*25
f
I 120,' 00® 100*21
Brooklyn Trust C
o
1 20 .000 ^ 100*17
120,000® 100*13
( 120,000® 100*00
20,000® 100*01
10,000@ 100*00
A. Galot..........
Jas. W. R
oache
FOR THE TAX CERTIFICATES.
Blake Bros. &Co.. New York... I pnH j_,,llp n nr
r.
ll
................... 100*1655
M
orean & Bartlett, New York.i entire issue, all or none
2 5 ,0 0 0 @ 100*51
L. W. M
orrison............... ............................................
500,000 3+100*16
W
illiam
sburg Savings Bank. Brooklyn. .................. ...
500.OO0® 100*016
Peoples’ Trust Co.. Brooklyn...... ...........................
5 00 ,000 ® 100
M
anufacturers' Trust C Brooklyn.............................
o..
100,000®+100
Franklin Trust Co., Brooklyn..................................
+ O Certificates of Indebtedness.
r
The loans were awarded to Blake Bro*. & Co. and Morgan
& Bartlett. The above certificate* will be in denominations
of $1,000 each, dated August 24, 1897, and may be either reg
istered or made payable to bearer. The interest will be pay
able at maturity and the principal will mature in eight
months from date of issue.
Brunswick, 6U.— Bond Election.—On August 27, 1897, the
citiz°n8 of Brunswick will vote on the propisition of issuing
$40,000 of court-house bonds.
ACGUaT 21 !8ST J
Ia t
C H K O M IL L
337
G iM fe ll, Ohio,—Bonds Authorized.— On August 14, 189?,
the Citizens of Caldwell authorized the Issuance of §15,000 of
water-works bonds
Cambridge City). Mass.— Bond Sale.— On August 17,1897,
the City oi Cambridge awarded ihe §100,000 of 3}4 per cent
“ Cairn ridge Water Lean” registered bonds to Jae. W . Longstreet & Co. of Boston,
The following is a complete list of bids:
gu(JthX«t)g*<i*»c 4 Co.. Bos... 105*078 B. H. Rollins 4 Sons.Boston....103*80
>- W.Harri- * r Boston
1 S 5 i T L Bar ,v C Boston.......... 1(2*789
O -0 S t.
o..
AOam 4 ( 0 B'.ston...
s
.
.....}«*«* j Estabiook * C o Boston
O
1»* 5
<2 S 7
Blodget, Slemu A Co,,Bost...n..iaa*8 1
S
The stcui ui* s are in cbm mirations of $10,000, or any mul
tiple tbertof, dated July 1, 1897. Interest will te payable
semi-annually, atd the principal will mature in tw enry years
from date of issue.
Cmnnlos Aeninra fonnly). C*l., School District.—Bond
S o l e . — The ft Mowing are the bids received last month for tbe
§2,400 o f S per cent school bond?.
ronUiotiockeu (Borough), Pa. School District.— Bond
Offering.—Sealed proposals will be received until Augu&t 25
1897, by tbe Finance Committee of the School Board for the
purchase of §10,000 of 4 per cent bonds. The securiiies will
be in denominations of §100, §500 and §1.000, with interest
payable semi-ammaUy in January and July. The principal
will mature ten years from date of issue, but payment will be
optional after five years. The bonds will be used in refund
ing $7,400 of 5 per cent bonds now outstanding.
Coustautia, .V V.— Bonds Proposed.—It is reported that
the town of Cocstantia proposes to issue $25,000 of 5 per cent
bends to pay the cost of repairing roads, bridges and culverts.
Des Moines (Iowa) East Side Independent School Dlstrict.-~-Bond S a le — On Autu-t 3, 1897, the school district
f ^ d e d to N .W H a r n e & Co., of Chicago, at 1(0*5313, the
18,000 of fcbool bood?. Tbe securities are dated Aug 2 1897
and will mature Aug. 2,1907, but are redeemable at the option
cf the district after five yiars. Both principal and interest
W m . Collin* & Sob #, T e s t a r a . 1*2,548 0*> j Hilixxmiut S a r to r lX o s An«ele»*2L4h0 25
will be payable at the American Savings Bank of Des Moines
LO'St A m cetes N ational B a s k ... 2,438 0 > Chas. B arnard. Ventnni... ... 2,450 00
41
Dyers burg, Tenn,—Bund E lection.—An election will soon
fjbe stt unti*-* ait* in d^nomu a»icms of $4W, with interest
payable annually. The principal will mature at the rate of be held in this city to vote on the question of issuing $40,000
of bonds for the construction of water-works and an electric$400 per annum, beginning two y<ars from date of issue.
light plant.
Claris County {s, o .) Independent School District No.
Eastland County, Texas.—Bond Safe.—Court-house bonds
40 —Bond Sate. The §3,000 of 7 pet cent school-h .use bonds
effered b * this dis'rict on Aug. 15, 1897, have been awarded to the amount of §40 000 were sold some time ago. The re
y
to Trow bridge & Co. of Chi-ago for $2,060. Other bids re- maining $5,()00 of tbis issue have not yet been sold. The seeunties will bear iniertst i t the rate of 5 per cent and will
ceivfd wfte ;
mature in 1937, Both priecipal and interest will be payable
Ih
,
ttN
illlVB, S. B..... .
»
... ............. ...................... .$2,055, ft
fl
j. 1). Cleg^ro i Co.. H D
iD espoil#, Mtoo............
....
2 S
O
S em l Baak, W
ittU m
atertown, a. D .........___ /.III..','.‘.'.177. * 0 0 in Jawful money at the Seaboard National Bank, New York
.
10 0 City, or at the State Treaauret's office, Austin, Texas.
Tbe securities are of the denomination of $20t>, dated Aug.
Elizabet h (City), N. J .—Bond News.— A report has been cur15, 1897; inicrest is payable eeroi-auouady in gold in New
reet that the city had sold $135,000 of 4 per cent bonds. Mr.
York City, and the principal will ma<ur« Anst 15, 1912.
James Morrison, City Treasurer, advises ua that this report is
(Teadleld (Borough), i’ n.— Bonds Untold —
-Only one bid locoirect.
e
for a smell ameunt i t par was r* ceivtd i n August JB, 1897
Ellsworth (lown; School District.- B o n d Offering —
by tie torough of Cuarfield. for the tlOJSbO of y , per Prop sale will he received until 12 o’clock noon, Augusc i l
cent paving and sewer bonds. We ale advistd by Mr. John
1897, by L B. Haherly, .Secretary of the School Board, for the
A* Stick, President of the Borough Council, that" the bonds purchase of $1.3n0 of 0 per cent gold school bond?. The seeuwill probably be t ffered again as four per c* i t*.
riues a r e issued for the purpr se of providing additional school
ClereUi o, Ob to.—Bond Offering.—Seal.d proposals will
Cm;» r J - 1 malur®
W!
in lour years. $40(1 in seven years
be received until 12 o’ci* ck noon September 10. t897, by H. L. r0 L
and * 0 in ten years. The ir terest will be payable semi
-> 0
Rossiter, Chy Audit >r, for the putcha-e r f fO tjQ of 4 per annually at the State Bank of Ellsworth.
ti.O
cent bridge repair coupon bonds, Tbe securities will b- in de
Elmore, Ohio.— Bonds Defeated.— On August 16, 1897, the
nominations of $1,000, dated October 1. 1897, and are issued
under authority of Section 2,701 of the R* vised Statutes of citizens or Elmore voted against the issuance of $10,000 of
electrtc-light toads.
Ohio as amended April 27. 1896, and pursuant with an Ordi
Elyt is, Ohio.-- B o n d O fferin g,— Proposals will be received
nance of the City Council. No 17,078. Tbe interest will be
ur,til August *4, 1897, bv W. H. Park, City Clerk of Elyria,
fwvable s*mi aniiuslly at ti e American Exchange National for the purchase of $1,500 of sewer bonds,
Bark of New York City, at which place tbe pm e p,l will be
Emeryville. I’ai— B onds Proposed. —(t is reported that
payable at ma-uitty O eb .U rl. 194 7. A certified check drawn
tats municipality proposes to isaua bonds for the construction
oa a national bar k for 5 per cent of the amount bid for, and of a sewerage system,
payable to the order of the Treasurer of tbe c-t.v of Cleveland
Evanston Township fill.) School D
l .must accompany each bid. No bid* ftr leas than par atd ac H.gh school bonds of tbis distrh t, Nrs. istrict-B o n d C a lare
51 to 56 inclusive,
crued intenet to the dav of delivery will be accepted The
..ailed for redemption Bept. 15. 1897, at which date interest
bonded debt of Cleveland is I10.8tt2.45i
Net debt, . xcluding
will cease. The bonds are dated Sept. 15. 1882, and are to be
the water debt of $2,991,977, l» $C.Hfl.47'. The rwnmtd valua
present, d for payment to the Town Treasurer, A L, Carrey,
tion is $188,478,885 and the real about $5CO,OhO 0.0. The esti or to the Baokt r» National Bank of Chicago.
mated population is 875.000.
f
K - ,_ Bond Sale.— The couniy has awarded
r
t oifaX t titiftly, V Hl.— Bfmd Offering.—Ptcpomlit will be
Rudolph hieybt.iie A Co. of Cincinnati $25,000 of AH percent
received by the Fuat National Bank. Raum, N. M., fiscal
refur ding bonds. Tin* price paid for tbe securities was 1(8*25,
agent fo r Colfax Count v. tor the purchase < f $ 10,000 of 6 ter
>
and the bonds were deliver, d to N. W . Harris & Co of Chicent coupon bonds, Tbe tmerestupon Ine a-curttira will be
lT
i t\T nf
iH,rchflf,‘T- Bids «•-re also received
payable semi annually and the principal will rn.ture thiity
from M . J. Hayes & Sons, Cleveland; E. D. Shepard Sc Co.,
yeata from date of issue or at the option of the County after
* 'ir*' ^ lir^ * ®* H. Rollins & Co., and otbers.
■ .? f
e^
,,nLs' J t e ,otel ind<*btedne*a of the Coumv at present
Fayette Bonn Iy O h io .-B o n d Sate. -T h e following are the
is $.14,400. The seat seed valuation la about $2,500,000.
bids received for $2,500 of 0 per cent countv ditch bonds:
- - t
College Point (Village), N. I . — Bond Offering —Proposals Thft Ailmm Vst R.wb O n ....... $7,016*76
T h ‘*
M « J 0 (-ln ....S 3 .6 S 8 00
r,
A. Kmn. th im u o ................. s
" *. 2.684 S
will he rtoriv. d until 8 o'» lock p. m . August 80, 1897, by the
- J. H
ttfea < Sou*, C ©
k
l«Y iv.j. uM m
m
Board of Trustees of tbe village of College Point for tbe* pur
All bids included accrued interest, The bonds were
chase of $115,(00 of 5 per cent bond*. The securities are awarded to lhe Atlas National Bank.
issued pursuant with Chapter 414 of the Laws of 1897, and of F
,h«h!nB* * * * T Donti *
V
V<,(W u > reported that citizens
*—
a
Of riusbing are agitating the question of holding an election
were authorized at a special tbetion held August 11,1807.
,
One hundred of the bonds will be in denominations of $1,000 Broadwsyrp08<! ° f vct og b0Dd■ t0 Mtablisb a public park on
each and twenty-five of $«00 and the principal will mature
,
Flushing (N Y.) School District No. 5— Bond O ffer in g .at the rate of $4,800 annually, beginning 1903. Proposals
iS0PrKl’° w S^ 1 1 £ rr<
7
1 1
'i‘,v,',i until « o’clock p. * 7. august
br Wu
'1)i8m
Jatnes- Treasurer of the village of
must be accompanied by a certifl. d check, drawn to the order
rJ ?h S’ for lhe 1 VIchB8e of *102,500 of 4 per cent gold bonds
of f , R, Clair, V tilage Treasurer, for S pier cent of the amount of this dig net, Ute securities will be in the form of either
of tbe issue.
at
bon,di*' m bonde Oemg in denominations
',C3 '
M
°
‘ and ,1ne
*f,0°* Tbe interest will be payable
The official notice o f thin bond offering will be fo u n d among
rh ?,MDtL 1 ° ? , ! be fl,r .<iaJs of February and August at
Ua'
.st
the advertisement* elsewhere in this Department.
the Market & t niton Notional Bank of New York City,
C olorado.—Bond Sale.—The State has awarded tbe $200,000 lhe principalI will mature $5,000 annually, beginning 1907.
Colorado 4 per cer t rh,t bonds to Geo. D. Cook Co. of Chicago. fxcept in]9^7, when $2,500 will be due. Acntified check
I he sale was reported in the Chrosicle of August 14, 1897, ?P?“ a“ » P ° r i « d l,ank 2i New Y ork State, payable to the
a
and tbe amounts bid should bare read as follows:
arnJvm°r Wlllta® ■Jame?. Village Treasurer, for §5,000 must
accompany each proposal.
{ “ ' * * * Wrkott,*cw.cu....im«e7
The bonded debt of the district is at present $85,000. The
Coiumbaal tty),Ohio—B o n d * A u th o rized ,-T h eCity Coun
ed
cil has autnortzed the issuance of » l, 6 0 of street improve- lM U 0 valuation is 0Ter * 6*™0,000 and the population about
o
T ? - ^ 0BpO? bood® The wourittes will be in denominations
ing ( n‘ Y.)Scl$00 District, No. 7. - B o n d Offering.—
l
va<;b; principal and interest will be payable at the p i ' i " Shi
received until 8 o’clock f. m, Autrust 25
office of tie City Treasurer, The interest |8 to bo at a rate fJr0*?*?8* 8 Wl^
18&7, bj F R. Clair, Village Treasurer, G ollw e m
S
b
* ^ *?i® * ® P*f
Payable wmi-annualtv on the first
nays of March ana September. The principal will mature purchase of ,§,)0,000_of 4 per cent gold bonds. The s curities
0,
five ye«r» after March 1. 1897, but redeemable after one rear. wm ne m denominations cf $0 0 and the interest will he
«t
***•—Bond Election.— An election will soon n «fab M enit anD',ally 0,! the flrst 'liUH of F.-bru iry and Augbe held in ihi» municipality to vote on issuing bonds for the the mtenf
B
<*nn' a” d tbe ? riuciPil 'viu mature at
» **’®3 annually, beginning August 1, tot7
r
A
Ugh*'1 b u n " ° f W8ter W0,k* and tbe Purchaa« of electric- v m l e,T ChcCk for *2-50°. Payable to the order of F. it Clair,
village 1 reaeurer, must accompany each proposal
338
TH E
C H R O N IC L E .
Flashing (N. Y.) Union Free School District No. 2 —
BotcJ Offering.—Sea ltd proposals will be received until 4
oclock t\ si, Sept. 2, 1897, by the Board of Education, Bayside. L, I., for the purchase of 116,000 of 5 per cent gold bonds.
The securities are in denominations of $1,000, and the interest
will be payable semi-annually. The principal will mature at
the rate of one bond annually, beginning Oct. 1, 1901. The
present indebtedness of the district is $9,000. Tbe assessed
valuation is about $800,000.
The official notice o f this bond offering will be fou n d among
the advertisements elsewhere in this Department.
Franklin (City), Inti.—Bond S a le— Tbe following is a com*
pltufl list of bids received last month by the city of Franklin
for $5,600 of 5 per cent school bonds.
A m ou n t. I
A mould,
Season g ood & M a ter. Cln........ $5.04« 25 I T h e L a m p rechtB ros. Co.,Clev.$5,558 85
T row brid ge & Co., C h icago....... 5,508 00 |M ason, Lew is & Co., C h ica g o .. 5,53100
P arson, L each & Co.. C h icago. 5,50100 |
The bonds were awarded to Seasongood & Mayer.
Gallia County, Ohio.— B on d Sale.— On August 17, 1897,
the county awarded the $60,000 ot 4 per cent turnpike bonds
.
to the OutrevIUe National Bank of Thurman at. 102'81, The
securities will be of the denomination of $500, dated August
17,1897. The interest will be payable semi-annually. Prin
cipal will mature Aug. 17, 1917, both principal and interest
being payable at the office of the County Treasurer.
Clen liidge (Borough), N. J.—Bond Sale.—On August 16,
1897, the borough awarded the $60,000 of 4J^ per cent streetimprovement bonds to Isaac W , Sherrill of Poughkeepsie at
102 45, The following is a complete list of bide:
Is a a c W . Sherrill, PQUffkkeepsiel02*45 |Farson, L each & Co.,New York.101'52
Jam es T a leott, N ew Y o rk .......... 102*01
N. W . H arris & Co., N ew York. .100*0957
Ben.well & Everitt, N ew Y o r k ,,.101*062 I
The securities are in tbe form of coupon or registered bonds
as the purchaser may prefer, in denominations of $ 1,0 0 each;
0
interest will be payable semi-annually from August 1, 1897,
on the first days of February and August. The principal will
mature at the rate of $2,000 annually from February 1, 1902
to February 1,1916, and $3,000,000 annually from February
1, 1917 to February 1, 1926, inclusive. Both principal and
interest will be payable at the Bank of Mon clair, N. J,
Grand Forks, N, \).— Bond Issue Illegal.—On August 10,
1897, the “ Herald” of Grand Forks said: “ In the test case
recently brought in the District Court to test the legal right
Of the city of Grand Forks to isspe refunding bonds to the ex
tent of $66,000, Judge Fisk yesterday rendered a decision in
effect against tbe legality and the case will be taken at once
to the Supreme Court for a final decision. The case is brought
by John Birkholz against the city officers, The complainant
is represented by J. B. Winetnan and the defendants by Burke
Corbet and George A. Bangs. The defendant’s attorneys de
murred to the complaint as not stating sufficient cause of
action. Judge Fisk overruled the demurrer and granted
judgment for the plaintiff. An exception .was allowed the
defendants’ attorneys on the overruling of the demurrer, and
on the demurrer and exception the case goes to the Supreme
Court, An effort will be made to have the case argued and
decided at the special term of the Supreme Court to be held
in Fargo, Sept, 9; otherwise it will go over to the October
term.”
Grimes County, Texas.—Bond Safe.—The State Board ol
Education on August 12, 1867, purchased $14,000 of Grimes
County jail bonds for the school fund. Theae bonds were approved on the above date by the Attorney-General.
Gnadaloupe (Oal.) School District.—Bond News.—A re
port has been printed that Guadaloupe School District would
issue $1 ,<>00 of 7 per cent bonds. W e are informed by Lyman
T. Wade, Clerk of the District, that $10,000 of bonds wert
issued in 1895, and that no more bonds can be issued until
these are paid off.
Hamilton, Ohio—Bond Offering.—Proposals will be re
ceived until September 7, 1897, by M. O. Burns, Clerk of the
Board of Sewer Commissioners of the city of Hamilton, for
the purchase of $29,464 19 of High Street assessment bonds.
Hannibal (Cily), Mo.- Bonds Authorized,— At a special
election bela by this city an overwhelming: majority was
given the proposition to issue $8,000 of bonds for the purpose
of increasing the capacity of the electric-light plant. The
bonds will be offered for sale as early as possible after the
same are printed and registered, probably after tbe next
meeting of Councils, September 6, lri>7, at which meeting
the rate per cent of interest', date of maturity and other del
tails will be decided, The securities will in all likelihood
P6r ° en* *C 30~
~ year fc°ndsi, with interest payable in Han
Bond Call.—The City Clerk has given notice that the three
city sewer bonds dated March 1, 1890. Nos. 7, 8 and 9 will bi
paid by the Treasurer of the city on Sept. 1, 1897. The bonds
are m denominations of $1,0 0 with interest at 5 per cent
0,
ilazlchiirst, .Miss.- Bond Election,—A proposition to issue
bonds to pay the cost of constructing water-works will soon
be put to a vote of the people of Hazteburst.
- . ? lt'1ol ’ ?*•—Bonds Proposed.— An ordinance has beer
D
introduced into the Guy Council of Hazleton authorizing the
Street0" ° f P5’°0 ° £ bocds for the P^pose of Paving Broad
0
Hempstead (N. Y.) Union Free School District No. 23,
Bond 8a/c —Referring to the sale of .$80,000 of 5 per cei
sohool bonds to Walter .Stanton & Co. of New York reporte
[VOL, LXV.
in the C h r o n i c l e last week, we are informed that the price
paid by that firm for the bonds was 107.
Henderson, Ivy.— Bond Sale.—On August 17,1897, the city
of Henderson awarded the $371,000 of 4 percent refunding
bonds to Ligan C. Murray of Louisville at lOO’Sl. The
securities will be of the denomination of $100, $500 and
$ 1,000 interest will be payable semi-annually and the prin
;
cipal will mature in thirty years from date of issue, subject
to call after fifteen years.
Henderson, Minn.—Bonds A uthorized. —'The election held
August 9, 1897, resulted in favor of issuing $5,000 of electriclight plant bonds by a majority of 72.
Huntingdon, Teun.—Bonds A uth orized .-O n . August 7,
1897 the citizens of Huntingdon voted in favor of issuing
$16,000 of bonds for the purpose of constructing water-works
and an electric-light system.
Hutchinson. Kan.— Bonds Proposed.— Petitions are being
circulated in Hutchinson for the purpose of calling a special
election to vote $35,000 of bonds for t h e Hutchinson So South
ern Improvement Co. The bonds will be for tbe purpose of
putting in terminal facilities in accordance with the terms of
a special bill passed by the Legislature last winter,
Ionia, Micii.—Bonds Defeated.— At an election held August
16, 1897, the proposition to bond the city for improving the
water supply was defeated by a small majority,
Jamaica (N. ¥.) Uuion Free School District No. 7.—Bond
Sale.—The following bids were received on August 14, 1807,
for $88,000 of 5 per cent registered coupon bonds of this dis
trict:
Felder & C o........ ........................ ,.108*0
Dan’l A. Moran &afco., N. Y..,..10«*67
W alter Stanton & Co,, N, V . .105*10
Rudolph Kleybolte & Co„ N. Y.10P97
Isaac W . Sh.errilI,Fouglikeepate,104:*25
I Seymour Bros. & Co., New York,104*32
|Edw„ C. Jones Co., New Y ork.,.108*875
i E, D. Shepard & Co., New York.103’ 75
Farson, Leach & Co., N . Y ........ 103*73
1
The bonds were awarded to Felder & Co. The securities
Bond E lection.— A meeting of the school district will be
held September 2, 1897, for the purpose cf voting on the
proposition to issue $125,000 of bonds for new schools,
Jersey City, N. J.—Bond News.— A report has bien current
that the City Clerk of Jersey City had been authorized to ad
vertise for bids for the purchase of $200,000 of 4 per cent re
paving and $25,000 of 4 per cent engine house bonds. W e are
informed by City Comptroller Geo. R. Hough that the ciiy
will not issue any bor.ds at present.
Kansas.—Bonds Redeemed.—Siate Treasurer Heflebower on
August 11, 1897, redeemed $50,000 of State bonds issued
in 1867 to pay for the construction of buildings at
the State Penitentiary. Another set of bonds amounting to
$150,000 has been called in and refunded, the bonds being
purchased by tbe Stata School Fund Commissioners, as stated
in the C h r o n i c l e on July 17, 1897.
Lancaster (City), Ohio.—Bond Sale.— O n August 1 7 , 1897,
the city of Lancaster awarded the $10,000 of 6 per cent bonds
to Dietz, Denison & Prior, of Cleveland, at i07'15.
The following is a complete list of bids:
D ietz. D en ison & P rio r. C leve.. .107*15
R og ers & Son,C h agrin -F alls.....1< 6*47
M ason, L ew is & Co., C h ic a g o ,... 106" &
I
Season good& M ayer.C incinnati.105’ 90
W . J . H a ye s & Son, C levelan d. .105*57
F a rson , L e a ch & Co., C h ic a g o ,,. 105*51
A tla s N at. Bank, C in cin n a ti. *. .105* 375
M ansfield Savings B a n k ........ ..105*01
F. M . M cK ay, C h ic a g o .............. .105*00
S. A . K ean, C h icago
.............. .. 101*07
J as. W .L o n g s tr e e t & Co.,Boston.l01*035
N o e l-Y o u n g B o n d & S to ck Co
st. L o u i s . . . ................................... 100*000
All bids included accrued interest.
The securities are in denominations of $1,000, dated August
1,-1896, and are the fourth series, redeemable five years from
date ot issue. The bonds are issued for the purpose of erect
ing a new city ball. Interest will be payable semi-annually.
Lavaca County, Texas.— B on d S ale.— The county has sold
the $40,000 of 5 per cent court house bonds for 100'4039
and accrued interest. The interest upon the securities will
be payable annually and the principal will mature forty years
from date of issue, but the bonds redeemable at the option of
the county after five years.
Leechbiirg, Pa.—Bond Sale.—The following is a complete
list of bids received for $21,300 of 5 per cent bonds. As re
ported in the C h r o n i c l e l a s t week, these bonds were awarded
to the Dollar Savings Bank of Pittsburg:
A m ou n t.
Amount.
D ollar Sav, B ank, P itts b u r g ..$22,440 07 E d w . C. Jon es Co., N. Y , .....$ 2 2 ,0 4 6 50
T h e L a m p reeh t Bros.Co.,C1 e v 22,420 00 W . R . T h o m p so n & C o , , ......... 21,800 00
M u tu al L i f e Co,. P h ila . . . . . . . 22.069 15 F a rson , L e a ch & Co., N . Y .. .. 21,730 00.
E. H. G ay & C o..P h ila d elp h ia . 22,141 56
lesueur County (Miim.) Independent School District.—
Bond Issue Illegal.—Regarding a report that the school dis
trict has sold $6,000 of bonds, we are advised by Mr. H. H.
Stowe, Clerk of the District, that the issue has been pro
nounced illegal. The proposition to issue these bonds lacked
three votes of the two-thirds majority necessary to authorize
the same.
LlewelJya (Cal.) School District.—Bonds A uthorized,—
The Llewellyn School Districtof Los ADgelealast month voted
unanimously in favor of issuing bonds to the amount of
$3,000, for the purpose of building and furnishing a school
house.
Locust Valley fL. I.) School District No. 4 .—Bond Sale.—
On August 16, 1897, the school district awarded $5,000 of 5
per cent fitj year (average) gold bonds to G. H. White & Go,
of New York. The following is a complete list of bids.
C. H . W h it e Sc Co., N ew Y o r k ., .103-15 I W a lte r Stan ton & Co., N . Y ......... 101-775
G len C o v e B ank..............................102-79 | Bflw. c . J o n e s Co., N ew Y o rk . ..101'70
Is a a c W . Sherrill.P m ietikeepsie. 102-00
B en w ell & E v e ritt, N ew Y o r k .. .101-55
G eo. M . H ah n , N ew Y o r k ......... .101*79 1
The securities are in denominations of $500, with interest
payable semi-annually in February and JAugust at the Glen
Gove Bank.
August 21, 1897,j
CH E
C H R O N IC L E ,
Long Island City, N. ¥.—Bonds Proposed.— Long Island
City proposes to issue revenue bonds to the amount of
$75,000. Ttie proceeds of the sale will be used to meet the
deficiencies in department funds that usually occur about
September.
Lyon County, Iowa.— Bond L itigation.—A dispatch to the
“ Post” of Rochester, Minn., from Sioux City, Iowa, dated
August 13, 1897, says: The Keene (N. H, ) Five Cent Savings
Bank has commenced suit here to recover $33,000 of Lyon
County, Iowa, bonds. The action will decide others aggre
gating* §150,000. The county has been in litigation over these
bonds for many years.
Madison, Fla.—Bonds Proposed.—This municipality is con
templating the issuance of bonds to cover the coat of'an elec
tric-light plant.
Mahoning County, Ohio.—Bond Offering.—The Commis
sioners of Mahoning Courtywill off- r for sale at 10 o’clock
a . M, September 1,1897, $190,(00 of 4)C per cent bridge bonds.
The securities are issued to build a bridge across the Mahoning
River and will be in denominations of $1,000 each, dated
September 1, 1897. The interest will be payable semi-annu
ally on the first day3 of March and September, both principal
and interest to be paid at the office of the County Treasurer,
Youngstown, The principal will mature on the first days of
September, as follows : $5,000 annually from 1899 t o ' 1909
inclusive, $15,000 annually from 1916 to 1915 inclusive, $20,000
in 1916 and $95,000 in 1917. The bonda are issued under
authority of an Act of the General Assembly of the Stale of
Ohio, Section 871 of the Revis-d Statutes amended April 27,
1396. All bidders will be required to deposit with the County
Treasurer a certified check on some Mahoning County
bank in tbe sum of ten thousand dollars, payable
to the
Commissioners
of
M&honirg
County, * The
total debt of the couety at present is $233,-500, the
assessed valuation is about $25,300,000 and the population
about 70,000.
Mansfield, Ohio. — Bond Offering.— Mr. J. P, Henry,
Mayor, gives notice that sealed proposals will be received
uetil 2 o'clock p S t. September 6 1897, for tbe purchase of
,
$350 of 6 per cent street assessment bonds. The »> curuies are
in denominations of from fifty to five hundred dollars each,
each, with principal and interest payable one year from date
of issue. A certified check for $200 must accompany each
proposal.
Bond S a l e . — On August 17, 1897, the city of Mansfield
awarded $7t 0 of 6 per cent street at sesame nt bonds to the
Mansfield Savings Bank at par, it being the only bidder,
interest on tbe securities is payable annually, and the princi
pal will mature in one, two at. d three years from date of
issue. Principal and interest are payable at tbe city treas,urv.
Middletown, 5 ,1 .— Bond S a l e , —On Aug. 13, 1897, tbe town
sold $130,000 of 5 p*r cei t gold bonds to Waiter Stanton ft
Co. of New York at 123 018. Tbe principal of tbi* loan will
mature 30 years from date of iseue.
Montana —B on d O fferin g. —Tbe various bonda authorized
some time ago (or tbe purposes mentioned below have not yet
been sold. Proposals for tbe purchase of the same, however,
will be received by the S ta te Board of Land Commt.nionera
or the Commissioners in charge of the various buildings at
any time until the bonds are disposed of. The loans are as
f o llo w # :
$350,000 for the erection of the State Capitol Building at
Helena.
1120.000 for the School of Mines Building at Butte City.
888.000 for the Deaf and Dumb Anvlum at B wilder.
For tbe payment of the Interest and principal of tbe bonds
thorn have been created special funds into which will be paid
all sums realized from the sal-# of lands and all profits accru
ing from the grants of land* by OwgrMs to the State of il mtana for the purpose* a* stated above. T h «e grant# of lands
were made by sections 13 and 17 of an Act of the United
State# Confirm entitled *‘ An Act to provide for the division
of DakuU into two States and to enable th* people of North
IMkotit, tkmfcb Dakota, Montana and Washington to form
Constitution* and State Governments, and to be admitted
into the Union on an equal footing with the original States,
and to make donation# of public land# to #uch States, ap
proved February 23,18.39.” The State of Montana is not liable
for the payment of the bonds, except a# to tbe Kan created
agamst the lands and funds grunted for the purposes menThe securities will be in the form of registered coupon bonds
of $100 each or any multiple thereof, not exceeding $ 1, 0 0
0.
They will mature in not more than thirty years from their
date, and shall be redeemable at any time after fifteen years,
at tbe option of the issuer*. The bonds may bear interest at
not more than 6 per cent, payable semi-annually, at such time
and place as may hereafter be decided upon. No bids will bs
received for lea# than par.
The grant of lands to tbe State Capitol Building Fund was
188,000 acres, to the Stats School of Mines 100,000 acres and
to the Deaf and Dumb Asylum 30,000 acres.
Monterey f Cal.) School District .—B on d S ale.—T h e fol
lowing are the bids received August 5, 1397, by the school
district- for $#
,000 of # per cent annual 5-iO-year serial gold
bonda,
r,t 8 *«*w *........ J* j Tbo*. A W ilson.....................................f i S ' i '00
Other bids were received for part only.
awarded to the Oakland Bank of Savings,
The bonds were
339
Montgomery County, Mo.—Bond M eetion .— An eleotion
will beheld in Montgomery on August 28, 1897, to decide the
question of issuing §7 500 of bonds for the erection of a jail.
Monticello, Fla.—Bond Sale.— The $10,000 of water-works
bonds offered by this town on August 2, 1897, have been
awarded to the Jefferson County Bank of Monticello at 103,
The securities bear 6 per cent interest.
.Morgantown, IT. Ya,—Bonds Authorized.— At the election
held in Morgantown on August 9, 1897, the people voted m
favor of the issuance of the $40,000 of school bonds.
Mt. Y'eruon (Westchester County), N. T.—Bond Offering.—
At ihe regular meeting of tbe Common Council August 17
1897, it was decided to issue $30,000 of 5 per cent tax-relief
bonds, The securities are issued to meet the unpaid taxes of
1S96. which amount to $110,000. Proposals will be received
for the bonds until September 7. 1897,
Navajo bounty, Arlx.—Btmd News,— Regarding the re
ported sale of §13,000 of 0 per cent court-house and jail bonds
of this county to De Van & Co. of Los Angeles, we are ad
vised by Mr, J. H. Frisby, Clerk of the Board of Supervisors,
that a bid was received from that firm on July 3, 1897. The
Md was duly accepted by the Board of Supervisors and De
Van & Co. notified to that effect, but nothing further has
been heard from them.
New Rarhadoes Township (N. J ) School District.—Bond
Sale.—The following bids were received August 16, 1897, for
the 115,000 of 5 per cent refunding school bonds:
W ilson & Stephens. .Vow y , w k . . . f e m i C h arlotte M o o re , f o r t h e tS.OOO
Bertren i atom. N ew Vork..... lot#:i d u e IS o t................................. .
108-87
The bonds were awarded to Wilson & Stephens.
New Rochelle, N. ¥ . —Bond Offering,—Sealed proposals
will be received until 8 o’clock p. si., August 28, 1897. by the
Commissioners of Sewera and Drainage of tbe village of New
Rochelle for the purchase of $20,000 of additional sewer cerlificates of indebtedness. The certificates are in denomina
tions of $1,000 each, dated Oct. 1, 1897, and are issued pur
suant to the provisions of Chapter 220 of the Laws of 1893.
The principal of this loan will be payable within five years
from date of issue or at the option of the village after one
year. Bids will be accepted based on interest at the rate of
4, 5 or 0 per cent, a# the bidder may desire.
Newtown (N. V. ) School District, No. 3.— Bond Sale.—On
Auvust 11, 1897, this district awarded $8,Ot)0 of school bonds
to Bertroo & Storrs, of New York. The securities bear 5 per
cent interest and mature in about 15*. years from date of is
sue.
New York City.— Bonds Authorized.—The following issues
of bonds have been authorized:
$693 0 0of bond# for a new court house for the Appellate
0
Division of the Supreme Court.
$250,000 of asuetament bonds.
$300,000 of Fire Department bonds for the purchase of sites
aud the erection of building* thereon.
It is nt t thought likely that these bonds will be offered for
sale for some time to come.
Nottb Andover (Town), Mass.— Temporary L oan.— On
August 9, 1897, the Town Treasurer negotiated a four-aadrrae-hslf months loan of #2,51)0 at 3|* per cent with Bond &
Goodman of Boston. The loan was made in anticipation
of taxes, and no other bids were received.
North Litchfield Township fill.) High School District.—
Bcmd .V ip s.-W e are advised by Mr. P. B. Updike. President
of the Board of Education, that the $80 0 0 of 4 per cent
0
jdnooi bonds have not been issued or sold up to August 14,
1897. These bonds, as reported in tbe CnitON'iCLR on July 3,
1897, were awarded to Mason, Lewis & Co. of Chicago on
June 26,1897* but It appear* that for some reason the bonds
were cot taken by that firm.
Norwood (Village), on to.-R o a d Offering W ithdrawn.—
« ar* informed by V . E. Wicbgar, Village Clerk, that the
V
sale of the $85,868 of 6 per cent refunding bonds, which was
W Jasm tsk- n place August 18, 1897, has been withdrawn.
B on d O ffering. —Soiled propo<#ls will be received until 13
o clock noon. Sept, 15, 1897, by W , E. Wicbgar, Village Clerk,
«°s<K
Idnooln Inn Court, Cincinnati, tor the purchase
T' . 16 of 5 per cent refunding bonds. The securities
will no dated Sept. 1, 1897, and will mature in ten years from
late of issue. The bonds will be in denominations of $500
each except the last, which will be of $428 10, and will be
known as the * i.xtar -ion Bonds of the Village of Norwood,
•
'i.iiQ, Series No. 2 ." The principal and interest will be pay
able at the Atlas National Bank of Cincinnati. The bonds
are issued pursuant to Section 2701 of the Revised Statutes of
Ohio, as amended by tbe General Assembly April 27, 1896,
8 » - Y rlllc ;ln ordinance of the Council of the village.
1
A certified cb- :k for 3 per c*-nt of the amount of the bonds,
payable to the order of the Village Clerk, must accompany
each proposal.
.
. Oakland (City). Cal,— Bond Sale,-O n August 16, 1897, th ®
city awarded to Blair & Co. of New York $140,000 of 4 per
cent gold refunding bonda. The price paid was 101893. The
interest on the securities will be payable at the office of the
City Treasurer, Oakland, and the principal will mature in
from one to forty y e a r s from the date of issue, Sept. 1,1897. ,
, ’-\ ®n?P County, N. ¥,—Bond News.—Regarding a report
r
that has been current that Orange County had been author
ized to borrow $8,009, we are informed by Cbas, L. Mead.
Gounty Treasurer, that the repoit is incorrect.
Ottawa County, Ohio.—Rond Sale.- O n August 16,1897,
the county awarded $20,000 of 6 per cent bonds to W. J.
Hayes & Sons of Cleveland at 105-03.
THK
340
C H R O N IC L E .
[V ol. LXV
Parkersburg' ( ( lly). W. Va.— Bond Offering.—Propolis 1897. The interest will be payahle semi-annually and the
will be rt-o-md uni it 8 c ’ctcck l\ M September 8 1897, for principal will mature October 1, 1922. The bonds are issued
,
the pu’chsise of 880,(Kl0 of 5 per cent bonds. One-bolt Of the pursuant to Chapter 553, Laws of 1890, and in accordance
above it-fue is for ihe erection of a city hospital and the other with resolutions of the Board of Supervisors, A certified
half for new sewerage. The interest will be payable ia cur check to the order of tbe Treasurer of Richmond County for 2
rency annually on Siptember l at the City Treasury, and the per cent of the par value of the bonds bid for must accom
pany each proposal.
principal will mature September 1, 1917.
Richmond (Tillage), RIcli.—Bonds D efeated.—On August
Plittileld, >lasH — L oan A u th orized . — At a meeting of tbe
Board of Aldermen held August 16, 1897, a one-year loan of 10, 1897, the village voted agaimt tbe proposed issue of $9,00(>
§5,500 was authorized for t h e purchase of furniture and fix of elec'ric-light bonds. We are informed that the question of
tures for tbe new high school, The money will be borrowed issuing these bonds may be brought up again at some luture
as needed,
• 1 date.
Port (hosier, N, Y.— Bonds Proposed.—It ia reported that
Rockdale County, €la.—Bonds D efeated —On August 14,
the mu stion of issuing bonds to the amount of 825,000 is un 1897, the citizens of R ickdale County voted against the issu
ance of $8,000 of jail and funding bonds.
der discusion bv the taxpayers of Port Chester.
Saginaw, Mich.—Bond News. —The Sinking Fund of the
Posey Township, Inti.— Bond S ite — The township recently
sold $27,000 bonds to Mason, Lewis & Co. of Chioago at city of Saginaw has purchased $16,000 and the Forest Lawn
Trust Fund $5 000, of the 4 per cent sewer refunding bonds of
100-403.
Pueblo County, Col.— Bond News.— A dispatch to the this city. These bonds were recently awarded 11 C. H,
“ Post” of Denver, Col , from Pueblo, dated August 6 1897. White & Co. at 193-] 9, who, it appears, have refused the same,
,
says: "Final closing up of the sale of $350,000 of Pueblo Coun and the Council authorized the sale as above on Aug. 9, 1897.
Bonds Broposed.—It, is stated that the city of S.ginaw
ty refunding bonds to the First National Bank of this city
was c. mplet- d last night. The issue bears 5 per cent interest1 proposes to issu-i bonds to the amount of about $ 50,000 for
ihe construction of two bridges across ihs Saginaw
and covers all the outstanding indebtedness of the county.”
Queens County, N. Y,— Temporary Loan.—County Treas River.
urer CharUs L. Phipps has negotiated a four-months’ loan of
Salem (City) Mass.—Bond News.—Regarding a report re
ferred to in the Chkonicle on July 31, 1897, that the city ha&
$30,000.
Raton (City) Colfax County, N. 'SI.—Bond Offering.—Pro authorized the issuance of high-school bonds, we are informed
posals will be received by the First National Bm k of Raton, by J. B. Nichols, City Auditor, that there is no immediate
fiscal agent for the city, for the purchase of $9,500 of 6 per prospect of any such issue.
cent improvement bonds. Tbe stcuriiies will be in the form
Salina, Kaa>
—Bond News.— A special dispatch to the
of coupon bonds and will mature ia thirty years from date of “ Journal” of Topeka dated August 12, 1897, says: “ City
issue or at the option of the ciry after ten years. The inter At<orney Wilson has declared that the series of $44,000 Rock
est will be payable semi annutlly. The total indebtedness of Island bonds are>oid, also the paper mill bonds. 33A says that if
the citv at present is $3,400. Tbe assessed valuation is about payment of the interest and sinking fund ia evaded success
§600,000 and the population about, 4,000.
fully it will mean a saving to the city of $5,000 per year.
Richmond County, N. Y.—Bond Offering.—Sealed pro Provisions for the tax levy for the coming year will have to
posals >iill be received until 1:30 o’clock p. m. S-ptember 8, be made this month, and the Council will take some action
1897, by i he Board of Supervisors of Richmond County, Sav with reference to the matter—either to provide or not pro
ings Bank Building, Stapleton, S. I., for the purchase of vide for this interest and sinking fund.”
$260,000 of 4 per cent gold road-improvement bonds. The se
S a n t a Monica, Cal,—Roads A uthorized.— At a n elec ion
curities will be in the form of coupon bonds of $1,000 each, held August 4, 1897, Santa Monici voted by an overwhelm
with privilege of registering, and will be dattd October 1. ing majority for the iasuiog of $4,000 of sewer bonds.
NEW
LOANS.
NEW
$ 1
* $ ( 3 0 0 ,0 0 0
W E S T E R L Y ,
W A T E R
Office
R.
treasu rer,
NEW
1 5 ,0 0 0
B%
V ILLA G E
B O N D S .
?
T h e Board o f T rustees o f t h e V illa g e o f College
WF-STERL' , R I., Ju ly 26til. 1897. £
P oint, N. Y., hereby in v ite bids f o r th e w h o le o r an y
Sealed p roposals will be received by th e under part o f o n e h u n d r e d S i , 0 0 0 V illa ge B on d s and
signed u n til 12 o ’c lo c k n oon, A u g u s t 24th, 18»7, at t w e n t y - f i v e $ 6 0 0 V illa g e B on ds, b e rin g in terest
t h e office o f th e T ow n Clerk, W esterly, ft, L, f o r the at the rate o f five per ce n t and au th orized by Chapter
w h ole o r any part o f th e a b ove issue o f co u p o n bonds 411 o f th e Laws o f 1897 and b y special e le ctio n held
o f tb e tow n tif W esterly, $1,000--denom ination j dated thereunder on August 11th, 1897.
Septem ber 1st, 1897; due Septem ber 1st, 1927. W ill
B onds payable in 25 equal annual in stalm en ts o f
bear in terest at
per annum , M . & S. P rincipal and $4,800 each, beginning in th e year 1902,
in terest payable in gold . M ay b e registered as to
B ids are invited and will h e re c e iv e d b y th e trus
principal or interest, or b o th , a t th e office o f th e tees o f the Village a t th e ir ro o m s in P op pen h u sen
U nited States M ortg age & T ru st Com pany o f New institute, College P o in t, N. Y ., up to
Y ork, w here principal is payable. In terest payable
8 o ’ c lo c k P . M „ A u g u s t 3 0 t h , 1 S 9 7 ,
a t eith er th e Industrial T rust Com pany o f P r o v i
A ll p ro p o
d en ce, It. I., or U nited States M ortgage & Trust w hen and where all bids w ill b e opened ,
sals m ust be accom panied b y a certified c h e ck draw n
Com pany, N ew York.
t o th e order o f F. R. C L A IR , Esq.. V d ia g e Treasurer,
B on ds w ill b e certified as t o genuineness by th e
U nited States M ortg age & T rust Com pany and en fo r five per cent o f t h e am ou n t o f th e issue, th e
graved and printed under th eir d ire ctio n b y the balance to be paid b y th e s u cce s s fu l b id d er w hen
bonds are ready fo r d eliv ery an d u p o n su ch deliv ery.
A m erica n Bank N ote Com pany,
Certificate o f legality by H on , Francis Colw ell, City T h e board reserves th e r ig h t t o r e je c t a n y o r all
bids.
S olicitor, o f P rovid en ce, EL I., w ill appear on each
bon d .
B on d s d eliv era ble Septem ber 1st at the
U nited States M ortgage & T ru st Com pany.
$ 1 0 , 0 0 0
L o a n authorized b y Special A c t o f th e G eneral
A ssem b ly. State o f R h od e Island, an d validity a f
firm ed bv final decree o f th e Suprem e Court.
B A Y S I D E ,
L.
I.,
of
POPULATION OF WESTERLY, R. I.
1890, U nited States Census . . . __________________(j.813
1895, State Census
................................. .......... ... ,(jya
ASSESSORS’ VALUATION,
........................................................................... $5,767,4? 5
i b 'j o .— . . . . — .................
............
INDEBTEDNESS.
N et indebtedn ess M ay 1 7 ,1 -9 7 ., ...................
$35,7 20
(E n d o f financial year.)
P roceed s o f p rop os ed loan t o be used fo r W ater
purposes,
\ 3 he authorizin g A c t n ecessitates a Sinking Fund
^ h ffic ie n t to retire bon d s w hen due.
Proposals should state that th e bid is fo r ail o r less
o f loa n an d certified ch eck payable to th e o'rder o f
th e T ow n T rea s u rer f o r % o f total am ou n t o f bid
%
m u s t b e enclosed.
O ther in form a tion can b e obtained from
^
A, H . LANG W ORTH Y, .
■
_______________________T o w n Treasurer.
S C H O O l
SAFiS IN V E STM E N TS.
S E C U R IT IE S .
W a rra n t*
a
S p e c ia lty
W rite for List,
No.
66
r o l l
J u lS T
I. R o s e n fe ld ,
M U N IC IP A L
H ig h -G r a d e
B O N D S .
Sealed proposals w ill b e re ce iv e d u n til 4 p . m „,
Septem ber 2d by the B oa rd o f E d u c a tio n f o r B on d s
o f U n ion Free School D istrict N o. 2 o f th e T o w n o f
Flushing, Queens County, N. Y ., a m ou n tin g to
§ > 1 6 ,0 0 0 .
Interest 5$, paya ble sem i-ann ually.
Principal and interest payable in G old C oin. B on us
will h e $1,000 each, o n e bo n d p a y a b le annually b e
ginning O ctober 1st, 1901.
T he assessm ent va lu a tio n o f th e D istrict is
$800,000; present in debtedness, $9,000. W h o lly
within Greater New Y ork, F o r fu r th e r particulars
fcTPfr t0
G EO , BO U SE,
___ ___________ D istrict Clerk, B ayside, L. L, N. Y.
SU N K
E dw ard
Broadway, New York.
C ity a n d
C o u n ty
C J J ftJ R E S S
1
»
ST R E E T,
COUNTY,
5% R E B U I L D I N G
N .
l
.
BOSTON .
S u p e rio r S tr e e t, C le v e la n d
O.
f
B O N D S .
S E A L E D P R O P O S A L S w ill h e r e c e iv e d b y th e
B o a rd o f C h osen F re e h o ld e rs o f th e C ou n ty o f P a s
saic, P a terson , N, J.. b y its C om m ittee o n F in an ce,
on T U E S D A Y , A U G U S T »1ST., at 2 o ’ clo ck P. M „ a t
th e o ffice o f th e Clerk, Savings In stitu tion B u ild in g.
R o o m No- 2, second floor, c o m e r o f M ain and M ark et
streets, P aterson, N. J ., and th e n and th e r e p u b licly
op e n e d f o r th e p u rch ase o f n o t less than par o f b o n d s
in am ou n t S 6 4 }000, f o r th e pu rpose o f R e b u ild in g
W e s t Street Bridge.
T h e bon d s are o f t h e d e n o m in a tio n o f $1,000 e a ch
and m ay b e e ith e r co u p o n o r registered.
In te re st 5 per cen t, paya ble sem i-an n u ally o n t h e
F irst day o f M arch an d th e F irs t day o f S eptem ber
B o n d s fa ll due an d are p aya ble, $24,000 S eptem be
1st, 1905 and $40,(00 S eptem ber 1st, 1906,
A certified check fo r 2 per cent o f the issue m a d e
payable to the order o f P. H . Shield , Collector, as
security that the bidder to whom the bonds are
awarded wil.1 accept the award, must accom pany
each bid.
T h e bo n d s w ill b e re a d y fo r d e liv e ry on S e p te m b er
1st.
,
T h e se bo n d s are issu ed u n d e r an d b y th e a u th o r ity
o f an a ct o f t h e L e gislatu re o f th e State o f N ew
Jersey, en titled “ A n A c t to au th orize th e issue o f
bo n d s f o r reb u ild in g bridges in co u n tie s o f t h e
secon d cla ss.” P a ss e d F e b . 24, 1891.
P roposals to b e a d d re sse d to J o h n B lau v elt, Chair
m an, an d en d orsed “ P ro p o s a ls f o r R eb u ild in g
B o n d s.”
T h e C om m ittee reserves th e r ig h t t o r e je c t an y an d
all bids i f th e y d eem it in th e in terest o f th e C o u n ty
so to do.
A d d ition a l in fo rm a tio n , i f requ ired , ca n h e o b
tained fro m A r th u r B . P e a rce , Clerk, Savings In stit u iio n B uilding, P a terson , N. J.
J O H N B L A U V E L T , Chairm anA r t h u r B. P e a r c e , Clerk,
S 1 7 8 , 5 0 0 C i t y o f S e d a l i a , M o .......... ..........
£ fi,O 0 0 C o u n ty o f L a k e , In d
1 8 .0 0 0
8 ,5 0 0
9 ,0 0 0
3 7 .0 0 0
& 0 0 ,0 O 0
.............5 s
C o u n ty o f M is s o u la , M o n t ,...6 s
C o o k C o u n t y , 1 1 1 ., P a r k ............5 s
L i t t l e F a l l s , M i n n ( S c 1k « o 1 ) . . 4 % »
C h a r l e s t o n , 111
... ... 5 s
4^ «
S o u th S id e E le v a t e d
..............
(C h ic a g o F i r s t M t g e .)
B on d s.
O IETZ, D E N IS O N & PRIO R,
33
LOAN S.
§ 6 4 , 0 0 0
V illa g e o f C o lle g e P o in t, N , Y ,, P A S S A I O
I .,
B O N D S .
T own
LOAN S.
M A S O N , L E W IS & C O .,
BAN KERS,
B O S T O N : W o r t h in g to n B ld g ., 3 1 S ta te S t.
C H IC A G O : 1 7 1 L a S a lle S t*
TH E
ATOOST 21, 1897, j
C H R O N IC L E .
34 L
Santa ftlta ( S'uiterey Couuly, Cal ), School District, —
Tolteuville (V.lingo), S. Y.— Bond News.—The. Trustees of
Bond Sale.—The following: bias were received August 5,1897, the village of Tottenville have decided to have a re-sale of the
by the school district for 83,000 of 7 per cent annual 1-10-year $30,000 of 5 per cent water bonds recently awarded to N. W .
e.rial gold bonds:
Harris & Co. and refused by them owing to the complica
O akland Bank o f S a v in g s .... J&&250 00 JThr»s. S. ‘W ils o n .
.£3,118 50 tions following the issuance of the series under an old law.
A . H . Conger. .............. .
. . . . . S.348S01 WftlUun Sarles.
3.03 L 00
Utica (City), N. Y.— Temporary Loans.— The city has negoOther bids were received for part only.
ti ited loans amounting to $14 000 with the bank having charge
Sleepy Eye (Village , Mino. -B o n d Offering.— Proposals of the city's deposits. The loans will mature November 1,1897.
will be received until Sept, 1, 1897, for the purchase fit $6,000
Yal Verde County, Texas.— Bond Sale.—The county has
of 5 per com water-works bonds. The interest upon this loan sold an additional $10,000 of the $30,000 issue of 5 per cent
will be payable in gold on the first days of March and Sep 5 40 year court-house bonds. With the $13,090 the sale of
tember at'the National Park Bank of New York City, the which was reporied in the O hron'KT/e on August 7, 1897, the
principal will mature $2,000 annually beginning Sept. I, 1899. total amount of this issue disposed of is $23,003, leaving $8,090
South Carolina.—Loan Proposed.—The State Treasurer still to be sold. The bonds have been taken by various coun
will borrow during tne manta of September §100,000 in ties in Texas for their sinking funds or school funds.
anticipation of taxes. The loan will mature in about three
Viueland (€al.) School District,— Bo nl Sale.— The Vinemonths from date of issue.
land School District of Bakersfield awarded latt month to the
Statesville, N. G.—Bond Election.—It is reported that an Bank of Bakersfield $3,0)0 of 8 per cent schorl bonds at
election will be held in the town of Statesville on September 117 833. The securities are iu denominations of $600 and will
18, 1897, to vote on a proposition to issue improvement bonds mature one bond annually,beginning 6years from dace of issue
to the amount of §52,000.
Wadena ( Village), Minn.— Bond Offering.—Sealed propoSummit County, Ohio.—Bonds Authorized.—Oa August 9, s tis will be received until 8 p . M„ August 37, 1897, by C. W .
1897, the County Cbtnnnisskioers decided to issue $10,000 of Miller, Recorder, for the purchase of $8,000 of 6 per cent gold
bonds to retire those now outstanding, which were issued to electric-light b m is. The securities are in denominations of
take care of the Wolf Creek ditch indebtedness and which $ ! .0 0 and will be dated from the date of acceptance of bids,
0,
mature this month.
fae interest will be payable semi-annuallv, both principal and
Tawas City, Mich.—Bond Sale. —On Aug 16. 1897, the city interest being payable at the Village Tre tsurer’s office or in
awarded $4,800 of 6 per cent refunding bonds to Mason, N w York exchange. The principal will mature in twenty
Lewis & Co., of Chicago, at 103-021.
yt its from date of issue, bat optional aft-r fifteen years. A
The securities are dated September 1, 1897, and nine of the certified check for 5 per cent of me amount of the bonds bid
bonds will be in denominations of $500 and one of §300. The for must accompany each proposal.
interest will be payable semiannually on the first days of j Wauwatosa, Wls.— B ond Sale.—The following is a ootnMarch and September at the Cbas>- National Bank, New : pltt» list of bids received for the $40,000 of 5 per cent water
York, The principal will mature § 3 » March 1,1899, and I works bonds the stle of which was mentioned in the
§500 annually on the first of each March thereafter.
OimoNiCLR of last week:
Tiffin (City) Ohio—Bond Sale.—Oa August 13, 1897, the ; Trowbridge k Co , C5hiowr*>. . f H.S38 $0 N. w - Harris &Co.. Chicago..fit& n 0'1
city awarded to the Atlas National Bank of Cincinnati at |Tfa# LimpcBflfeft B rat. C o.,
w . J . H ayes & Sou*. O lov____ i 1.270 (W
Cfevaiaud........„............... .
rit N
a!
C h icago 41.000
110-3819, tb« §36,000 of 6 per cent funding boo Is. The secu-! Parson, l*e*eh k €«>.» Chicago #1,71100 W a»on. ationis kBank.Clitcttgo. 40.804 m
41,(100 00 M
L ew
Co..
ml
rides are in denominations of §1,000 each, dat-d September 1, i m \w W 0U # V r m t C o ....... ....... 41.650 00 8. A - K ean. C h tea go. . . . . . . . . . . 40,10# 25
M ilwaukee Meehm uim ' i«-furWis<xm*in Trust Co., Mil
1897, and will mature Ssptemtjer 1. 1907. The interest will
mm
....... »..«»«•*........... 4J.6WW
40.000 m
w attk ee.....................
00
be payable semi-annually, both principal and interest beiog ‘ D. Vi. Parson. C h fe a g o . . . . . . . .
. 7
payable at the ofiic * of the City Treasurer.
I he bonds were awarded to Trowbridge & Co.
N E W
LO A N S.
N E W
S T , L O U IS , M IS S O U R I,
B O N D
:\
m
C A L L .
~MAYum" 'O fintaL
St, l#MH«v
Ah, I80G*
Wi> WHOM IT M AY C*>N€-KKM:
l
a
>
P arson,
Leach
&
E.
SBW Y O R K
l W a ll S t,
N e w
Y o r k
H A R R I S
&
b ir r *
t
s
.
B a n k s
T r u s t e e s .
NEW T
BPO St
R .
L .
D A Y
&
C O .,
10 0 ,0 0 0
R A IL W A Y
CO.
1 P I* U ( A T I«N
&
C O .,
M a n a n a S t r e e t * H e w Y o r k ..
H tu f d N o v , i . I S B 3 .
* d « ,T )V m : i n s s t
P r i u e l i» u l a n d i i j t r r e m p u y n h i r in N e w
Y o r k lit g o l d * W as? lit* r e e liiM r e d IJ d e s i r e d ,
t « * i « t n m il
.
.
.
.
S i , 5 0 0 , OOO
A W l S f i t # 4 '*wt»t*lg»gf5
•
I .HO O.OO O
ISm tiU w evui’ iMl b f O r e l t i i o r i g a g e o n 0 2
s i l l e * o f r o a d , l o c a t e d In tl*c* h e m buttin eitu
a n d r e t fld e n t lH l w e c t lo iie o f D e t r o i t .
E a r n I n g a f o r l a a t flw eni y e a r w e r e ; i i r o s * .
! * 3 ,0 tl# S uMf; N c t . « l * i li .5 S 0 1 5 . I n t e r e s t o n
M o r tg a g e , $ 0 0 ,0 0 0 .
rtetaiJed irifertiiAtlen fum tsliied on applteatlcin.
P r i c e , 9 8 1 •'£ a n d I n t e r e s t .
H IG H -G R A D E
H . W H IT E
&
C o., B an kers,
3 1 Mti.§ta.ft.tt S t,, N e w Y o r k .
State, Municipal, County, School
B
O
N
D
S
W B A .N N & S O H L E S I N G E R ,
.
t^ira! Inyealtacnta far Savings Banks in New York
and alt Mew England.
M U N I C I P A L
C O ,,
I XAfrltf «T, (Bnnkul CantmrrT. Bldar.l,
M e r r itt &
n
1 1ST MORTGAGE GOLD BONMJP
W O t MBIOi o r BOSTO.V A Nil HKW » w »
STOCK K.V IIASUKA,
R u d o lp h
I* \ S K R It » ,
B lo d g e t,
e
F I V E I * K it C E N T
C .
E I H T h ON A P P L I C A T I O N .
W .
m
S H E P A R D
$
B on ds
S a v i n g s
a n d
D.
D E T R O IT
en t
B O U G H T AND SOLD.
N .
t
Hunk o f C o m m ore** ISa !l« l t n g ,
X I S A S H A V S T H K K T . N E W Y O It l i .
C o ,,
FO B
f
A P P fi A If* n .4 tew th M ADE OB QVOT ATtOSS
1
k l l S S I I H i l ) FO R T H g PifRClfASSL S A b ® *'>H
MxcuAm* mor aboym sec-ukitibs.
s
g g . 1 0 0 I f l d d l i 'i a w i , 1 s < ) » . I ii I 7 , . o l d , ! *
1'n.V-r ih.< new diar&grtilt' ttbovebtm il* are i* dlrnct
.J i.!l » t n n
« R f . \ T K It » B IV
* ( l i t n . ami
5***
’ ■■"•■■•n. .s „fT,.r JiiEm.ry 1, I *!<--, Into U I C l t-.It *- 11 i * T O I 'K
r
,:itv ,.f N ru York,
P r io n .a s d fo il parUnHlanimi
tuition,
1 - U H E ON t P H U l A T t O R .
\
and
M u n icip al B o n d s
e
f I • # * • « © J a a m i m t I f * I V - a i t , G o l d ............ i s
•JI.J.OOO «| u ......... l » J 7 - 7 « , G o l d
4k5
. r v . - r o c IK .A O .-ad. G o l d ............S S
*.0 ,0 0 1 1 V V .- .I « , I,I H l J g , H a i t i ..................... 3 #
4 0 W a t e r S t r e e t , B o u to n .
G o v e rn m e n t
v
G r e a te r N e w Y o r k B o n d s .
.
n
S y r a c u s e , N . T ., S c h o o l 4 s .
C H IC A G O *
t'A.W’ X,
fcfec tern** a3Kpr*w*‘d in ■
i OC4 D e a r b o r n M l.
•**# k e il# l. n ad th at «aid h*mtt» ei.lt txhm? U* bear
in ten w t wo «m*l ’*< *>hj*! d a y o f February,
•
txmiJU are datcvl Fcbrtuiry i d , IIW , are payable F eb
In v estm
ruary 'id, li»& , and are !e*tw na!>l# a t th e o p tio n o f
tb«? city t*f 01. !»«».* td any tfniA after tea year*
fir»>ia f#M dal©.
dr
Each iat mid bond*, when tm m n#Cn f««r rr^trmp
4 v*yt, muat have the fa a d w n «
1
'n«d wentfattiitta'
te
Ycaa tw^ffty^aerru tn
ft w tf, I®(Am
Awm* aRanehtMl.
•them ’bond* are ntlkM th l«*r
pm IS
ret1r%rh*«*»t.
ZW im m m m .
i f^ §, i
1AAACy ft. w r m u i m s .
A rrgtfr*
CtmxpinMm,
■li Y,r b ksi;t l
o
i n
7 .1 .0 0 0 N a rtliH eld I l l- i J . G o l d .................. 3S
H hereby given t h i t th e Niii>t« o f th e C U f
a t Mh St&vbt,
antder
«#f fhpt&tykttzii
S o , 1.4,tut!, want her*
fr**m n lo c t y i'lr lU hufuJr***!
an d v iifa t p ln n r
t o ten
thru bua4r*>d ;
mi4 three i
will tm
t> . th#
n
tlisf h i PwfeliiarT*
a w l r t l w n t f f m r s t i i a t t f c t»> the tefW#
v
1 0 0 .0 0 1
$
|
§
LO AN S.
C o .,
BANKERS,
K le y h o lte
B A A K
&
C o.,
V. K S ,
I I » » < ! 4 3 W n ll h i , m id
4 7 r .i f h n t i a i - f i n e r , \ . V . O l l r ,
G ttm <
iW A I I ,K D
IIP O S
A P V I .I C A T I O N .
C H R O N IC L E V O L U M E S
16 C o n g r e s s S t r e e t , B o s t o n .
18>4-ltw »-a»
Rc»tmd ia fall morocco. Offer wanted for the set.
STATE, CITY A RAILHO VD BONDS.
B O N D S .
h . W . f o r , :*<t A W a l u o i .S|«.,
C ln r l n o i u f , O h io .
Addr* :--
W IL L IA M B. D AN A C O M P A N Y .
t m Pin® Street, N ew Y ork.
3
W ALL
M TH KKT.
NEW
Jam es N . B row n
&c
VO KB .
C o .,
BANKERS
m
C ed a r H ir e d ,
___ -
NEW
YORK.
M U N IC IP A L . C O U N T Y , SC H O O L A N D
T O W N S H IP BO N DS
BOUGHT
AND
SOLD.
TH E
342
C H R O N IC L E .
Waverly (Borough), Pa., School District,—Bow l Sale..—
On August 5, 1897, she district sold to the Miners’ Savings
Bank and to oitiz ma of Carbondale 83,000 of S per cent cou
pon bonds at 101, The securities will mature in 30 years but
are optional after five years
West Bay City, M i d i . — Bond Sale.—T h e foil >wing is a
complete Hat of t he bids received August!) 1897, for $20,000
of
5 per ce n t elecirio light b on d s.
T h e b o n d s , a s r e p o r t e d in
last week’s C h r o n i c l e , were awarded to the Lamprey lit Bros.
Co, of Cleveland •
Rudolph Kloyholte & Co,. Cta.100’53375
. ieo-o2r>
W. J. Hayes & Sou, Cleveland.! 00*R7a
IiHiniirecIit Bros. Co.. C lov el’d J A l‘685
T h e L u m berm an'« S tale B ’k..lo*i*6Q
Dietz. D enison & Prior,O levhi.JO i’ ShS
Spitzer Sc C o . B o s t o n ...... .,.3 0 0 ’ #65
Westerly, K. I.— Bond O ffering.—As reported in the
CHRONICLE on July 81, 1897, sealed proposals will be received
until 13 o’clock noon, August 84, 1897, by A. H. Largworthy,
Town Treasurer, for the purchase of $309 u of 4 per cent
,(J O
gold bonds issued for the purpose of purchasing and extend
ing a waterworks system. The securities will oe in the form
of coupon bonds of $ 1,000 each, with provision for registra
tion as to principal or interest, or both, at the office
of the United States Mortgage & Trust Co. of New
York City. The bonds will be dated September 1, 1897;
intereet will be payable semi-annually on the first days
of March and September, at either the United States
Mortgage & Trust Co. or at the Industrial Trust Co. of Provi
dence.
The principal will mature September 1, 1937, A certified
check fer 3 per cent; of the total amount of the bid, and made
payable to tne order of the Town Treasurer, must accompany
each proocsal.
The ut-t income from the water-works is appropriated t ■the
payment of interest and tbe furnishing of a sinking fund for
the retirement of these bonds. By virtue of the Act of tha
Legislature authorizing this lorn, the town is under obli
gation to appropriate all premiums received on ihe bonds
towards a sinking fund and to annually appropriate to
wards such fund an amount sufficient to retire the bonds
when due,
The official notice o f this offering will be fou n d among the
advertisements elsewhere in this department.
IN V E S T M E N T S
[Y ol. LXV.
Westport, Mo.—Bonds D efeated,— A t an election held in
this city on August 17, 1897, the cit'z ;ns voted against the
proposition to issue $ 12,000 of bonds.
Wlieeiing. W. Va.—Bonds Proposed.—On August 16, 1897,
the Council’s Special Committee on refunding the city’s
bonded debt adopted the following res diuiou:
‘‘ Besolved, That a loan of $700,000 oe made, payable in
thirty-four years, redeemable at option of city after ten
years, at rate of 4 per cent per annum; §518,000 of bonds 1 1
be issued to pay off present bonded indebtedness and other
debts, including water board debt, now subject to redemp
tion, aud $183,000 of sai l bonds to oe held in trust to pay off
two bridge loan bonds ($100 0 0 aud compromise loan
, 0)
($83,000) when they mttur* .”
Wlsehuru (Cal.) School Dstr ic t.—Bond Sale.— On August
4, 1897, the Wiseburu School District of Los Angeles awarded
$3,000 of 8 per cent bonds to the Oakland Bank of Savings at
lOtraO and accrued interest. Bids were also received from
the German-American Savings Bank of Los Angeles, the
East Side Bank of Los Angeles and Heilman & Sartori of Los
Angeles.
Youngstown, Ohio.— Bond Offering.—Proposals will be re
ceived until 2 o’clock p, m . September 6, 1897, by P. O.
Brown, City Clerk, for the purchase of the following bonds
of Youngstown:
Grading bonds to tbe amount o f $560, to be issued as provided for by ordi
nance o f Council, passed August, a. 1897, to mature October 1.1902.
sewer bonds to tbe amount o f $1,100, as provided for by ordinance o f Couneii
P I S . -'API l 9’
mature at tbe rate o f ?«oo annually from October 1.
1899, to October l, 190*4, and $400 on October l, 1904.
Paving: bonds to the amount o f $2,400. as provided for by ordinance o f Coun
cil, passed July 1J, 189/ 4o mature at the rate o f $600 annually on October 1,
The securities will bear 5 per cent interest, payable semi
annually at the office of the City Treasurer, where the prin
cipal also will bo ptyGible, The bonds must be taken not
la cr than September 9 1897.
ZumbrotMUmu,) School District.— Bond Offering. -T h e
Board of Education < f Ziimbrota will receive proposals for
>
the purchase of the $18,000 of 4 per cent gold school bonds
recently au horiz d by a vote of the district of 20 to 1. The
bonds will mature twenty years from date of issue but are
redeemable at tbe op ion o£ the district after five years. The
interest will be paya !e where bonds are field, if in Goodhue
County. The district has no indebtedness at present.
BAN KS.
New York Savings Bank Investment.
AD AM S
IN V E S T M E N T S .
F IR S T N A T IO N A L B A N K
& COM PAN Y,
OF M IL W A U K E E .
$ 3 0 0 , 0 0 0
B A N K E R S
C I T Y OF P O R T L A N D , M E ,
DEALERS IN
IN V E STM E N T
BONDS,
Members o f Boston Stock Exchange.’
No. 7 Congress and SI State Streets,
GOLD 4 s .
Dated July 1,1897. Due July 1, 1912. Registered or
Coupon. Price on application.
E. H . R O L L IN S
&
BOSTON .
N E W
J E R S E Y ,
Street.
N e w
Y ork.
P H I L A D E L P H I A 31s,
And Other Desirable Securities,
J on es
C o .
1 Nassau Street, New York.
421 Chestnut Street, Philadelphia,
M U N IC IP A L
B O N D S .
E. C . S t a n w o o d
&
C o .,
BAN KERS,
121
D evonshire
Transacts a General Banking and Foreign Exchange
Business. Collections receive Special Attention.
OFFICERS:
if. G. Big e l o w , Pres’t, F. J. Kipp, Cashier.
WM, B ig e l o w , V .-Pres’t. T. E. Ca m p , Ass’t Cashier.
F. ®. KKGEGEB. 2d A ss’t Cashier.
S an F r a n c is c o .
T h e F ir s t N a t i o n a l B a n k
C anal Bank,
Haight
&
F reese,
B A N K E R S
and
COMMISSION STOCK BROKERS.
Y O R K , .3 3 B R O A D W A Y , '
B O S T O N , S 3 S T A T E S T .:
P H IL A D E L P H IA , S, w . C or. 4 th &
W al
n u t fe t s .
$ 2 0 0 , 0 0 0
C .
8 1 .0 0 0 ,0 0 0
8 3 5 0 ,0 0 0
Cable Address, " K E N N E T H ,”
T R U S T E E S
NEW
E dw ard
■
.
UNITED STATES DEPOSITARY.
C a p it a l, 8 1 , 5 0 0 , 0 0 0 I S u r v lu n ,
8 9 5 0 ,0 0 0
I. G. M u b p h y , Prerldent, J a s . K. L y n c h , Caihiei
fa h n s M omtitt , V .-P re«„ J. K . M o y m t t , A »t. C all
General Banking Btutnee*. Account* Solicited.
W ILSON & STEPH EN S,
W all
1
.
O F SAM F R A N C I S C O , C A L .
In vestm en ts a Specialty
41
Son s,
Street Railway Bonds, and other high-grade in
vestments.
BOSTON. MASS.,
C le v e la n d , O h io ,
7 Exchange Place.
3 1 1 - 3 1 3 S u p e r i o r S t.
C O N N E C T I C U T ,
A N D
.
DEALERS IN MUNICIPAL BONDS,
Y O R K ,
B A N K
H ayes &
.
.
BAN KERS,
N E W
S A V I N G S
j.
-
S O N S ,
1 9 M ills S t r e e t . B o s t o n . M a s s .
W .
C A P IT A L ,
SU RPLU S,
Street.
B O S T O N .
L IS T S S E N T UPON A P P L IC A T IO N .
(Stocks, Bonds, Grain, Cotton. Provisions
bought and sold for cash or on margin o f 3 to 5 pe
cent. Commission 1-16.
cal1 for our “ 400-PAGE SECURIT'
m coi leeded by Banks, the Press an
Boards o f Trade throughout the country to be th
most condensed and statistically reliable put
lication ever issued by any Banking H ouse. Give
range o f prices o f stocks, wheat and cotton fo r te
t“ irty years, latest financial reports, statement
eto* , f a11 Railroad and Industrial Coi
>o
poiations whose shares are listed on the principi
exchanges, thereby enabling investors to operate o
r ^ lrA 0wn pdgmetot, based on facts to be found i
A
ine Manual, which is invaluable to business, mei
generally. It enables any one to invest money, keet
inn the principal intact and making it pay an in
eomc.
ISSUED GRATIS AND M A ILED FR EE .
D E T E R M IN IN G
TH E
FIN AN CIAL RE
S P O N S IB 1 L IT Y OF T H E F I R M
W IT I
W H I C H YO IJ D E A L I S A S I M P O R T A N T
A S S E L E C T IN G T H E R I G H T S T O C K S .
New York. Boston and Philadelphia National Ban
■ References Furnished.
Clientele, mos
commodious offices, best brokerage service.
U P T O W N O F F T C E . 1 .1 -3 3 B R O A D W A Y
P R IV A T E W IR E S .
N E W
O R L E A N S , L A .
(Successor o f N, O. Canal & Banking Co.)
C A P I T A L ,, $ 1 * 0 0 0 ,0 0 0 .
J. G. MORRIS, President. E D W A R D TOBY, Vice
Pres. EDGAR NOTT, Cashier
Correspondents—National City Bank, Nationa
Bank o f Commerce, New Y ork; Boatmen’s Bank
St i-iouis; N. W . National Bank, Chicago; Mer
chants’ National Bank Boston
M ISCELLANEOUS.
S E C U R E
B A N K
V A U L T S ,
GENUINE
WELDED CHROME STEEL AND IRON
Round and Flat Bars and 5-pi v Plates and Angles
„
FOR SAFES, VAU LTS, &c.
Cannot be Sawed, Cut or Drilled, and positively
Burglar Proof.
CHROM E STEEL W O R K S ,
Kent A ve., Keap & H ooper Sts.
Sole Man’f ’ers in tbe U. S.
O O K L Y N , N. V
A ctive and Local Securities bought and sold to ad
vantage. Atlantic Mutual Scrip. Circulars.
J. P . Wlntringham, 36 Pine St., N. Y
@FedFRASER