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financial
Supplement
Quotation
SMe ancf City Supplement ^mAm^
Investors Supplement (ow*?)
Dana Oompant,
[Entered according to Aot of Congress, In the year 1901, by the William B.
VOL.
SATURDAY, AUGUST
73.
In the office of the Librarian of Congress.)
NO. 1887.
24, 1901.
Week ending August
3£fte
<&hxonulz.
Clearing!
1901.
Terms of Subscription— Payable in Advance:
For One Year
$10 00
For Six Months
6 00
European Subscription (including postage)
13 00
European Subscription Six Months (lnoludlng postage)
7 60
Annual Subscription In London (lnoludlng postage)
*2 14 s.
SlxMos.
do.
do.
do.
*111b.
Terms
Street Railway Supplement
Statb and City Supplement
Transient matter
$4 20
STANDING BUSINESS CARDS.
Two Months
(8 times)..
Three Months
(13 times) $29 00
" ).. 50 00
(26
Months (52 " ).. 87 00
. .
A
Smith, 1 Drapers' Gardens, E. O., will take subMessrs. Edwards
scriptions and advertisements, and supply single ooples of the paper
at Is. each.
B.
Worcester
-.
New Kng.
Chicago
141,314.808
18,660.81)0
9.65:i,8J6
Cleveland
13,386. 9d5
420,701
561.500
427,426
857,809
807,499
324.883
208,798
200.458
218.970
148.177
10.103,808
6.249,195
4,890,500
8,947.286
S.072,133
2.258.396
1,245.167
935.691
845.882
257,129
438.052
891,207
484.300
441,755
970.769
269,387
209,998
126,711
190,000
147.016
130.000
DANA COMPANY,
Indianapolis
Dayton
Publishers,
Pine Street, Corner of Pearl Street,
POST Opfiob Box 958.
NETT
6.715.203
5.900,000
8 809,082
2 281,640
2.772.UH3
1 300,000
1,180.178
848,125
489.968
Bvansvtlle
Youngstown
YORK.
Springfield,
528840
111
Lexington
Akron
Kalamazoo
CLEARING HO USB RETURNS.
Rockford
Springfield, Ohio...
The following table, made up by telegraph, etc., indicates Canton
111....
that the total bank clearings of all the clearing houses of Jacksonville,
Qulncy
Blooming-ton.
the United States for the week ending to-day, Aug. 24,
Jackson
have been $1,663,285,832, against $1,717,010,306 last week and Ann Arbor
Tot, Mid. West'n.
$1,211,327,614 the corresponding week last year.
Seven
cities, 6 days.
oities, 6 days
5 days
The
21573.228
40,634 246
88.193,18s
18.41S.S41
Minneapolis
10,800 000
17.081,490
10.036.881
8 172,075
1,208.618
4,078.609!
8,683.828
1,091.828
873,944
984.038
843.443
867.025
122.831
Salt
Lake
City.
for week.
Los Angeles...
$668,324,200
76,095,471
68,189,821
18,066 080
103.887,647
31,174.507
4,624,127
1860,810.106
175,017,628
11,868,628,933
294,761,897
All cities, 1 day
all oltles
25.870 096
8.117,060
2, 155. WHS
8.185,668
2 862,181
1,100,000
1.111.168
689,110
310.967
182,0u8
Kansas City
P. Cent
1900.
Jl.148.607.526
280.016,409
Baltimore
Chloago
Bt. Louis
New Orleans
Total
1901.
1800,162,690
97.937.791
81.348,688
15.909,929
118,118,123
81.875,139
6,189.977
Boston.
Philadelphia
all cities,
176.197,814
Portland
New York
Total
Not Include
San Franolsoo.
OUaringt— Return* by Telegraph.
Week Ending August 24
Other
70 076
818.3*3 848
Seattle
Spokane
Tacoma.
Helena
Fargo
Sioux Falls
Total Pacific.
Omaha
»1.0»6.387,738
185,999,888
*1, 663,285,832
St.
•1,211.827.811
the week covered by the above will be
given next Saturday.
We cannot furnish them to-day,
olearings being made up by the clearing houses at noon on
Saturday, and hence in the above the last day of the week
has to be in all cases estimated, as we go to press Friday
night.
usual detailed figures for the previous week, covering the returns for the period ending with
Saturday noon, Aug. 17, and the results for the corresponding week in 1900, 1899 and 1898 are also given. Contrasted
with the week of 1900 the total for the whole country shows
a gain of 31-7 per cent. Outside of New York the increase
over 1900 is 21-4 per cent.
Week ending August
OUaringt at—
1901.
1
088,005.002
102,782,827
81 870.438
18,177.681
Buffalo
6 020.468
Washington
Albany
2,0.8,888
8.807 813
1.713,925
1.086,220
1,096.413
886,113
88S.230
Roohester
Byraouse
Boranton
Wilmington
Alngbatnton
Chester
Greenubure
Wheeling. W. Va...
Wilkes Barre
Total Middle
Sioux City
Topeka
Wichita
Fremont.
Colorado Springs.,
Tot. other West.
St.
We present below our
Philadelphia
Pittsburg
Baltimore
Joseph
Des Moines
Davenport-
St.
full details for
New York
Paul
Denver
25n,7fi0
346.376
498.760
844,245
1 .197 44H.I80
Louis
Orleans
New
Louisville
Galveston
Houston
Savannah
Rlohmond
Memphis
Atlanta
Nashville.
Norfolk
Augusta
Knoxvllle
Fort Worth
Birmingham
Macon
17.
Rook
Chattanooga
Little
1900.
7H6.760.297
76.078 802
22.802 706
16,073.430
5.041,; 82
207H.888
2,003,066
1.308.020
978.490
938 88t
1.107.176
389.200
842.151
270,8-16
Not Include _
Not include d
t-Ot.V07.4itv
1901.
1899.
Cent.
4-89 6
+36-8
•4-37
6
-M0
+19 6
-8 4
+401
4-168
+1T4
+18 8
—80
-121
+8*3
189-.
965.619,799
88,881,833
20,265.027
17.884.93'
4.895 0*9
1.822,540
1.990,841
1.908 088
061.707
1,019.882
1.010 918
848.818,643
80. "94. 411
277.7 0C
832,1'*:
.829.888
1.469.004
1,882.735
1.469.608
1.876.807
1
8P6 955
407.650
821.800
381.888
171 618
170 095
161.647
168.267.708
188616.747
20,836.529
2.000.000
1,567.901
1.879,138
2,8*6,267
1,214,188
988,483
883,180
240.614
162.391
16.088 284
31.099.217!
Z8.767.847
13,309 93b
8 630.978
5.314.814
4,037.490
3.048 381
3,680.324
1,153,780
768.273
708.377
683.024
471.614
138.042
10,928.894
7,130.418
6.644.608
8.317.824
8.697,3/6
8,765.447
41 880 538
80,610.890
88.145.710
7,000 000,
6.888 118
2 803,050
24.098.211
6,449,789
6.882,028
+19
9
4-44'0
+148
+87
2,334X05
8
+214
2,338,426
932,774
1,126,000
648.161
320,306
183,607
1-18*0
-12
+26
+63
2
4
+86-7
+82*1
+8-1
+7-7
+0-3
+28
4.831 841
4.538 511
4,680,518
1.657.617
984.201
1,038,868
1,188,807
468,521
148,975
771,367
Not Include d
51,352.083
49,332 960
89.707.216
7.470.703
7,487 809
3.112,000
3 809.862
2,289,014
8.116.818
1,911,388
1.808,476
1,378.187
1.183.783
925,0>9
802.681
1,328,006
763,109
487,000
49H.786
488,930
816.C9S
33.087,688
8.829 976
6.949 376
2.187 000
2.700.000
2,088,743
8
+11*3
+38"
+427
+ 12 7
+5
8
4-40 9
+27*6
+211
In tot
+10
8
4-237
+18
+7
7
+42 8
+41 1
-24 5
3 000 000
+3
1 651.840
1.322.179
436
8
6
a
-t-70'8
+W1
657897.771
1.717.010,308 1,304 003.794
78.607.376
2,*4S50O
8,073 870
1,310.186
2.588 083
1.178 831
978.667
904 844
783.841
401.890
451.716
1,018.260
8*3.888
440 871
747.988
667 306
421,000
260 601
30-.*48
+28 3
+801
887,560
185.788
686.891
086.671
551.601
888.776
81.698
i
— 2"*
404 350
989 948
2.860.000'
2,123.374
8.791 788
1,897.220
1,114 788|
1,080.708
1.076 093
+16*7
1,108,880
580 120
686.211
779.580
874,938
447,000
828,303
826.000
571,388
160 046
60,769
al.
+h8*S
+8-5
+59-5
+14-7
+ 89 8
+13"J
LOii.ais
1.688 087
1,483.639
1,118,278
1,348 870
i-.
881896
884.000
290 601
813 479
180 7*2
ul 138 077
am
69A33 891
+317 1,4-0*83 618
1
,815.03
17,75061*
16.18-1
483
3.8U7.011
1,841 928
1 r"6
887 HUH
MIOH44
809778
280.000
Outside N. York.
577.113.104
171.738.819
14 16S91*
8,8<0 066
11.100.887
7.740 975
1.388.884
1.241,401
671.908
888.915
John
Vancouver
Qnebeo
Total Canada
800 .387
614 ,6*8
1.905 638
81.10" [bob
4-l8'8
+274
1
8» 167 881
650 680
657.870
7
4-87
711973
-IB 2
+98 6
07B.O41
Not include
1.741.788
1.280.717
-*-P
+16
688 946
1.478 888
.
+15
13.86* BBt
9 171 861
1,345.800
1,684.840
866.646
834.682
16 941 697
10 878 661
1.714 663
1.600 OOO
769 184
Vlotorta
966 186 868
+214
587.843.497,
68S.401.404
CANADA—
Montreal
Toronto
Winnipeg
Halifax
Hamilton
St,
+28T
In tot al.
In tot aL
-l-H8fl 1.109 036 7Ht
Jacksonville
Total Southern..
Total all
96.364,087
10,693.258
7,585.807
7.691.668
4.190.749
8.142.800
8.677.785
1.409.896
1.680 369
844,477
760.884
875,985
288.085
4.968010
•J.
+219
2.165.180
1.888 542
6.190. 090
100,0W1.6'28
116,445.693
18.060.230
8,865 092
9,636,871
4,973.918
4,366.400
2.882,788
1,861.876
8.813 832
1,098,075
9W1.107
898,459
288.498
360.026
839,601
411.000
434,642
231,189
313,700
272,045
184,846
117,613.693
14.183,109
14.428,888
687.983
708.821
435.905
132.171.122
+18-6
118,762,653
96,410.731
675.061
513.458
480,930
220.000
Cincinnati
Detroit
Peoria
Toledo
Grand Kaplds
1818.
115.721. e65
6.608.000
2,883,318
1,694,875
1,304,780
1,297,498
1,520.734
182.848.972
Milwaukee
Columbus
London Agents:
WILLIAM
Springfield
Portland
Fall River
Lowell
New Bedford
1899.
117.049,899
6,801,000
2,294.388
1,422.4*4
1.358,783
1.411,86*
1.J67.410
803,698
638.158
385,216
305,670
New Haven
Total
Six Months
22 00 Twelve
Boston
Providence
Hartford
Holroke
Advertising—(Per Inch Space.)
of
17.
at—
PUBLISHED WEEKLY.
Above subscription lnoludesThe Quotation supplement
The Iicvkstobs' Supplement
<^m^
Street-Railway Supplement
(Monthly)
,1
ill
lot
+17-8
882 808
aL
28.B41.9TSI
88.018 303
THE CHRONLCLE.
362
seems that the reduction proposed has
this week been abandoned.
So far as the cotton-goods
trade is concerned the situation is no doubt anomalous.
Beyond a doubt production at that point and elsewhere has, as a rule, been for a considerable time
During that period it has
carried on at a loss.
been and still is almost the only industry in the United
States so eituated.
Under those circumstances a reduction of wages seems on the surface to be the
of wages.
THE FINANCIAL SITUATION.
pendulum which marks the fluctuWall Street opinion has this week been to-
The swing
ations
in
of the
place the almanac
tells us (even if the weather bureau may delight to
linger in the vicinity of depressing temperatures) that
wards optimism again.
In the
first
[Vol. LXXIll.
It
bracing winds are an event of the near future. Then
again the continued copious rains, so wearisome to
the individual, are, it is said, working miracles in the natural remedy and necessary.
But the question
is
corn fields; it would seem as if there was many a hill, whether in this case it would work a cure. Is not the
which we were told ten days or more ago even a pig disease over-production? Is not the cause taking
could find no use for, that is now reported will pro- the country as a whole a too rapid increase of
duce a fair article for market. So, too, the very large spindles? If those questions indicate the real trouble,
wheat crop has grown in estimated importance, for as short-time would seem to be what was most needful
Certainly a lower wage of itself could
the demand in Europe for the surplus develops, the at the moment.
millions in it for the farmer and the other millions in have no effect on production.
Besides the time is not opportune for a drop in
it of earnings for the railroads have a significance in
All other industries are prosperous, and
the trader's mind they did not possess a short time ago. wages.
Finally we are told that money is going to be abund- there are some conditions which make it appear that
ant; that the West has grown rich and the South has soon after the first of September consumption of goods
grown rich, so that very little currency will be needed may receive another widening impulse. Consequently
However true the claim a period of short time in September and October, if
this year to move the crops.
may be that all sections have grown rich, that fact the difficulty continues, would be a wiser act. Mr.
can neither increase nor decrease the quantity, nor Borden, of the American Printing Company, has, howchange the location or currents in any degree, of our ever, for the moment at least, again relieved the markinds of paper money. The demand on New York to ket by offering to buy the whole stock of "regulars"
move the crops will be just as large this autumn as it at 2£ cents a yard. As we write, he has succeeded in
was a year ago. If we are to have an easy money securing only about 200,000 pieces, a demand from
market through the fall months, it will be due to con- other sources having been developed by his offer, and
the market advanced to 2 9-16 cents. We are nevertheless
ditions not yet developed.
of the opinion that the trade is not out of the woods
the precise situation of the yet. The cause of the embarrassment is (1), as already
It is difficult to indicate
Early in the week it seemed to be add- said, too many spindles; (2) the condition that the
steel strike.
ing to the number of idle men; later there has been South can make excellent print cloths in large quanno progress in that direction, perhaps we might say it tity and a little cheaper than the average cost at Fall
has retrograded slightly. It may or may not have River; (3) consequently, when Fall River puts up the
reached its maximum limit; no reason exists for pi ice too high, the South runs over- time and swamps
supposing that the bragging has or that the threats the market, and (4) the great uncertainty as to the
Indeed, the denouncement has been made growing crop of cotton and the price the staple will
have.
—
that another and more extensive call to the men will
be speedily sent out, which the labor President claims
but stop every portion of the Steel
Corporation's work, and that, notwithstanding the Corporation appears to be making progress in opening
some of the closed mills. Facing this situation Mr.
Shaffer has apparently halted. No doubt if he expressed his own conviction he would confess that it
looks dark to him whichever way he turne. "Hopeless" expresses what the public sees on each sign-post
"Wall Street,
at the fork of the road he has reached.
is wholly indifferent to the course the
consequently,
will not only cripple
strike
may
take.
The more men
called out the shorter
the struggle will be, since fewer will remain to support the idle. President Shaffer could probably worry
the managers of the Steel Corporation most if he
could keep out and confine the contest to the men he
—
rule at.
The foreign exchange movements are now- a-days very
We
have often referred to the large trade
up month after month, while at
the same time rates for exchange in New York advance not only so near to the gold-export point as to
threaten gold exports, but so high as not infrequently
Of course that inconto induce an outflow of gold.
gruity can be explained by asserting that the country
has used up all its accumulated balance and is likewise using up the constantly-repeated monthly instalments by redeeming stocks and bonds which Europe
has long held, and has been and is still selling to ns at
These assertions are possible
the high prices ruling.
truths, but they lack evidence, and are especially out
of conformity with known facts, «o far at least as
puzzling.
balance
still
piling
has out, for he might then be able to feed them they relate to the current monthly balance.
Besides, to keep the men contented
That, however, was not the point we had in mind in
for some time.
There is another
half a meal a day it is necessary to have some- referring to the subject to-day.
with
thing big in prospect. Playing the commanding card dual movement so incongruous and contradictory as
at this early stage of the game would be impolitic, to to be even more puzzling; this was a feature in the
now
say the least.
It is gratifying to find that the strike at Fall River
has been averted. Two weeks ago we gave in this
column facts bearing upon the situation of the cotton
AVe also noted at that time a
industry cf that city.
movement among the
market a year ago and is now again a feature.
We refer to the high and advancing foreign exchange
market in New York at a date when gold imports are
in process of being contracted for and in progress
through San Francisco to this city from Australia.
Gold is not moved to the United States or to any
other country (except when the want is urgent or it
financial
mill
managers for a reduction
August
is
done
24,
THE CHRONICLE.
1901.]
as a special transaction) unless
it is
the cheap-
method of paying an obligation. Tbat is only another way of saying that a banker never nnvos gold
as an amusement or a pastime, but only when
finds profit in doing it; and yet it seems that while
foreign exchange was being reported in this city (say
about the 1st of August) very near the gold-export
point, there was a shipment of $1,500,000 in gold
arranged for at Australia via San Francisco to New
York which arrived at San Francisco last week and
from that city was transferred this week to New York
through the Assay Office. Then again on August 14
another shipment of gold was arranged for leaving
Australia that day for New York via San Francisco
of $2,500,000, although exchange on London for actest
—
was quoted that day in New York by
leading bankers at 4 88^@4 88£ for cables.
The truth is, judging from the character of the
exchange market during the last three or more
months, it would seem as if nothing was so unlikely
To be
as a movement of gold to the United States.
sure, exchange drops now and then materially when a
large bunch of bills comes on the market, but the
decline is very temporary. Note last week, under the
ual business
pressure of a flood of
bills
against breadstuffs, and with
cotton on the eve of
its
largest shipments, exchange
tumbled so as to give the appearance of a change in
character.
But before the week closed the bills had
been absorbed, and the rate began to climb up again;
this week 4 87^ has been reached for short and 4 87£
for cables.
Does it not, on the whole, look as if some
power was playing ducks and drakes with our exchange market ?
Advices regarding the growing corn crop have been
more encouraging this week than at any time since
the opening of the crop season. This does not
mean that the recent drought was not a reality or that
the reports of damage done by it were a figment of the
imagination. It does mean, however, that propitious
conditions are being experienced at a time when such
conditions are especially essential, and that as a con-
sequence there seems a good chance that the early
extreme accounts of loss may be modified to some
extent
for the
better.
The National Weather
Bureau's weekly weather summary issued on
Tuesday stated that a very general improvement in
the condition of late corn was indicated in the principal corn States.
In Iowa the crop, it was said, is
materially improved and more promising than was
deemed possible on August 1, though the yield is still
reported contingent upon additional moisture very
soon and the absence of frost the greater part of
September. A better outlook was also noted in Nebraska, Kansas and Missouri, the States where the
most damage had been done by the drought. Moreover,
in the great corn belt east of the Mississippi, where the
absence of moisture was threatening serious harm,
good rains have fallen, saving the crop. Private advices
and the reports of the State bureaus
are,
a rule, considerably more hopeful than
as
the National Bureau.
No one suggests that the
country's aggregate yield will not be decidedly short,
but simply that the situation is not so extremely bad
as at one time seemed likely.
As regards wheat estimates they are again being raised. There is a disposition now to look upon a crop of 700 million bushels
as a minimum, with a possibility that the total may be
fifty million bushels in excess of that figure, some
363
estimates running as high as 800 millions.
Fortun-
demand is very large. E*rly
export clearances exceeded all prein the week the
Latterly there has been some falling
vious records.
foreign
ately, too, the
from these exceptional totals, but the movement
remains of unusual proportions, and it seems likely
olT
that
it will
continue so
The anthracite
coal roads are enjoying a
and their prospects
for
period of
the immediate
better than for a long time past.
are
future
attempts are not made to
artificiffl figures.
hold prices at
great activity
if
The
being steadily advanced each month,
according to a graded scale announced some time ago,
and evidently the roads are working together in comThe Philadelphia papers have this
plete harmony.
week published a detailed statement of the shipments to
market, commonly denominated the production, from
which it appears that for the seven months from January 1 to July 31 these shipments were nearly five million tons larger than for the same seven months of 1900,
the amount being 31,219,127 tons, against 26,278,596
The Reading sent 1,027,567 tons more, the
tons.
Lehigh Valley 755,554 tons more, the Central of New
Jersey 600,913 tons more, the Delaware Lackawanna
& Western 934,168 tons more, the Delaware &
Hudson 418,010 tons more, the Pennsylvania Railroad 224,723 tons more, the Erie 478,490 tons more,
the Ontario & Western 422,266 tons more, and the
Delaware Susquehanna & Schuylkill 78,840 tons more.
It will be remembered that during the coal miners'
strike last autumn production for about two months
was cut off nearly altogether, and from that time on
the output has been on a greatly enlarged scale.
The trade reports all say that since the strike
demand for hard coal has been good,
the
though of course there is the usual slackening
during the summer season, and that prices have been
well maintained at the agreed schedules.
Whatever
slight concessions may have been made have been in
the trifling shading of prices for inferior coal.
We
notice that in the Erie Railroad report issued this
week there is a reference to the company's acquisition of an interest in the Lehigh Valley property.
Chairman Thomas states that an opportunity having
been presented to the Board to secure such an interest, it was availed of, in the belief that an arrangement of that kind would promote a generally better
understanding and greater harmony between the
price of coal
is
managements
two companies. This is official
confirmation ofjthe reports and rumors current some
time ago, when representatives of the Erie, the Lackawanna, the Central of New Jersey, the Readirjg and
the Vanderbilt interests entered the Lehigh Valley
of the
board of directors.
With the exception
vanced
its
of the
rate of discount
Bank
of Spain,
which ad-
from 3£ per cent to 4 per
cent, there was no change in the official rates of dis-
count by any of the European banks this week. The
Bank of Bengal at Calcutta and the Bank of Bombay
at Bombay, however, advanced their rates from 3 per
cent to 4 per cent.
and
Open market discounts
at Paris were easy, while
at Berlin
at
London
the unofficial
rate was firmer.
The most notable feature of the statemont of the
New York Associated Banks last week was a decrease
of $2,719,000 in cash, about
specie
and
equally divided between
legal tenders, whereas our
figures
showed
THE CHRONICLE.
361
only a moderate loss ia this item.
The
surplus reserve
was decreased $2,031,050, to $18,421,1)00. There waBiin
arrival at San Francisco in the previous week of about
$1,500,000 in sovereigns from Australia, which was deposited at the Assay Office in San Francisco and transferred through Assay Office checks to this city this week.
The representatives of the consignees of the gold were
Lazard Freres and J. & YV. Seligman & Co. The
agency in this city of the Canadian Bank of Commerce
received this week $450,000 In checks representing
Yukon gold which had been deposited at Pacific Coast
assay offices for their account, and the agency has advices of a check for $500,000 which will arrive in a
few days. Payments during the week at the New
York Sub-Treasury for unmatured bonds were $78,501 23, making $15,811,546 42 since such purchases
began. The Department this week bought a block of
$1,000,000 4 per cent bonds of 1907, deliverable Aug.
27.
There was a transfer early in the week to New
Orleans, through the Treasury, of $250,000, and on
Thursday $300,000, and on Friday $500,000, was transferred to Chicago; these amounts were presumably
It is noteworthy that the above
for crop purposes.
is the first transfer of money to Chicago since Auugat
The demand for small
9, when $500,000 was sent.
notes from Pittsburg seems to be less than usual,
and it is thought that this is due to the steel strike,
which tends to reduce the amount of money required
for pay rolls.
The demand for money this week from
Philadelphia has been so urgent in connection with
the reoent sale of Philadelphia city bonds, and also
for the financing of the Bethlehem Steel deal, that it
is reported that $2,000,000 cash has been sent to that
city.
Money on
call,
representing bankers' balances, has
loaned at the Stock Exchange during the week at 3
per cent and at 2 per cent, averaging about 2f per
cent.
On Monday and on Tuesday loans were made
at 3 per cent and at 2 per cent, with the bulk of the
[Vol. LXXI1I.
The liank of England minimum rate of discount
remains unchanged at 3 per cent. The cable reports
discounts of sixty to ninety day bank bills in London
24/ per cent.
The open market rate at Paris is l£@2
per cent and at Berlin and Frankfort it is 2J @2§ per
2
cent.
According to our special cable from London,
the Bank of England gained £1,350,655 bullion during
the week and held £39,071,185 at the cIobo of the
week. Our correspondent further advises us that the
gain was due to the import of £746,000 (of which
£534,000 were bought in the open market, £166,000
received from India, £30,000 from Australia and
£16,000 from the Continent,) and receipts of £605,000
net from the interior of Great Britain.
The foreign exchange market was quite active
and lower early in the week, influenced by a liberal
supply of bankers' bills against securities and by free
offerings of commercial drafts, both spot and futures,
against grain.
One feature was unusual activity on
Saturday of last week, when there was an important
fall of half a cent in short and in cables.
There was
a further, though not so sharp, a decline on Monday,
followed later by a recovery. There have been moderately large speculative transactions in long sterling,
with the intention of covering later in the season,
and there have also been negotiations of sterling and
French exchange loans. The recoveries after the
above-noted declines in rates were due in part to the
par
tial
absorption of bankers'
bills
against securities
and also to the reduction in the volume of arbitrage
buying, followed by somewhat liberal selling, espec-
on Thursday. The Assay Office paid $880,052 68
Gold received at the Custom
for domestic bullion.
House during the week $63,613.
Nominal rates for exchange were all reduced this
week to 4 85£ for sixty-day and 4 88 for sight. Kates
for actual business opened on Saturday of last week at a
decline, compared with those on the previous day, of
one-quarter of a cent for long, to 4 84J@4 84f, and of
half a cent for short and for cables, to 4 86|@4 87 for
the former and to 4 87i@4 87£ for the latter. The
On Monday there was a fall of
tone was quite weak.
one-quarter of a cent all around, to 4 84^@4 84£ for
long, 4 86^@4 86f for short and 4 87@4 87± for
On Tuesday,
cables, and the market closed heavy.
however, there was a recovery of one-quarter of a cent
in each class of bills, to 4 84^ @4 84| for long, 4 86f@
4 87 for short and 4 87i@4 87£ for cables, and the
tone was steady. On Wednesday there came another
fall of one- quarter of a cent all around to the rates
ruling on Monday, and this was followed by a recovery on Thursday of one-quarter of a cent to Tuesday's
rates— 4 84^ @4 84| for long, 4 86|@4 87 for short and
4 87|@4 87£ for cables, and the market was firmer
though less active, with business about midway between the quoted rates. The market was steady on
ially
business at 2£ per cent.
On Wednesday transactions
were at 2£ per cent and at 2 per cent, with the majority at 2} per cent.
On Thursday loans were at 2-J per
cent and at 2£ per cent, with the bulk of the business
at 2£ per cent.
On Friday transactions were at 3
per cent and at 2£ per cent, with the majority at 2£
per cent. Banks and trust companies quote 2^ per
cent as the minimum. Some time loans have this
week been placed by Western banks for sixty to
ninety days at 4 per cent and some of the
foreign bankers have made loans at this rate for
the same periods; these loans were made, however, on choice collateral.
The supply of money
on time from other sources has not
been
liberal, while the demand has been chiefly for loans for
comparatively long periods.
Quotations on good
mixed Stock Exchange collateral are 4£ per cent for
The following shows] daily posted rates for
Friday.
sixty to ninety days and 4£@5 per cent for four to six
exchange by some of the leading drawers.
months. The business in commercial paper, so far as
FBI..
FBI..
MON.. TDM., VVBD.. THTJB.
this city is concerned, is almost at a standstill, local
Aug. 16 Aug. 19. Aug. 20. Aug. 21. Aug. 28. Aug. 23.
buyers being out of the market. A few of the Western
4 86
86*
86*
85*
85*
85*
Brown Bros
88
88
88
88
{g^gf"; 4 88*
88
banks in large cities are taking moderate amounts of Baring.
60 days. 4 86
86*
86*
85*
86*
65*
88
fc8
88
4 88*
88
88
Magonn ft Co.. \ Sight..
the best paper and Eastern banks are buying spar- Bank British
60 day
4 86
86*
86*
85*
85*
<
.
i.
(
ingly.
The
offerings are only fair
and
rates are 4£
per cent for sixty to ninety day endorsed bills receivable, 4i|@5 per cent for prime and 5£@6 per cent for
good four to six months' single names. Sales, however, are rarely
made
at rates below 5 per cent.
.
Commerce.
60 days,
(
Sight...
.
Heldelbaoh, Iok- ( 60 days
elhelmer A Co. 1 Sight...
LMardFrerei.-ll
Merchants' Bk.
of Canada
S
88
88
86*
85*
85*
88
88
88
88
86*
488
86*
86*
85*
85*
88
88
88
88
&
86*
86*
86*
85*
.
(Sight....
88*
4
88*
88
i*
88
88
88
88
88
4 86
4 88*
86*
85*
65*
85*
86*
88
88
88
88
88
*85*
86*
85*
86*
86*
85*
88
88
88
88
88
4
^;
60 days
S8*
88
85*
4 86
(
.
88
4
Sight...
160 days.
Canadian Bank
of
(
485*
488
No. America.
Bank of
488
August
24,
THE CHRONICLE.
1U01.J
84^@4 84 for long, 4
@4 87 for short and 4 87^@4 87 j for cables. Commercial on banks 4 84@4 84 £ and documents for payment 4 b3i@4 84^. Cotton for payment 4 8;}J@4
cotton for acceptance 4 84@4 84} and grain for
payment 4 84i@4 84 V.
The following gives the week's movements of
money to and from the Interior by New York banks.
The market
closed at 4
Wtek Ending August
88. 1001.
'i
Received bv
y. T. Banks.
|
Shipped b\i
JV. T. Banks.
Net lnlsrior
Movement.
Loss.
Gain.
Insi ooo
1,481.000
16,008,000
984,000
t6.646.000
16.998.000
1.088.
13^6 000
15.125,000
Total sold and laaal tenders
With the Sub-Treasury operations the
w? 000
result
as
is
follows.
Banks
interior
into
88. 19tl.
moTement, as above
Holdings.
(6,938.000
Loss.
19,700.000
I.OSB.
0,000
126.746 000
886.6381)00
Loss.
I8S6.000
amount
table indicates the
1386.000
of bullioD
European banks.
August
Bank
Net Changs in
Bonk
19,800,000
Total sold and legal tenders.
In the principal
Banks.
16.646.000
Sab-Treasury operations
The following
Out Of
Banks.
W*4k Mnding August
August
88. 1901.
Gold.
UunO
Silrsr.
Total.
Bold.
Silver.
Total.
%
Aus.
M
g
4
X
t
39,071.185 88,366.899
89,071.185
88.355.399
08.O4i.O64 44,t 58,699 148.8S6.663 89,026.074 46.478.989 135,404.068
31.456.000 16,804.000 47,669,000 29,871.000 15,131,000 44,608,000
69.388,000 7,364,000 76,736,000 78.898.000 7.655,000 86,653.000
89,360,000 11.C58.000 60,416,000 37.609,000 0,964,000 47,663.000
14.003.000 17,058.000 31,061.000 13,689,000 16,705,000 30.484.000
16,868.000
Italy
1.983.000
17.775,000
15,466,000
1,670,000
17,136.000
6,861 000
5,678.000
11,829,900
4,869.000
5,901,000
10,770.000
8.068 000
1,689.000
4,687,000
8,885.000
1,418,000
4,253,000
Netherlands..
Nat. Belg'ir.-
Touthls week 316.4:6.249 105556499 422.031.748805,107.473 1(4012080 409,120.468
Tot. Drey, w'k 316.134674 105688038 481.767. 7081803.988. 483 103371230 406.350.718
TEE PENSION CONTROVERSY AGAIN
Probably not very much attention would have been
paid to the annual report of the Pension Commissioner, published this week, but for the recent attacks
on that officer on the ground that he was treating the
veterans unjustly.
The effort to oust Commissioner
Evans ended in nothing; it broke down rather foolishly when letters written by the chief accuser were
produced contradicting eveTy assertion made in the
The whole affair, in fact, was surlater manifestoes.
rounded by a distinct aroma of what used to be called
"Grand Aimy politics."
Some point has since been added
to these develop-
ments, however, by the publication of the annual statement. Mr. Evans had been accused of "crowding out"
the deserving old soldier. The report discloses the fact
that the net addition to the names on the pension
roll during the fiscal year 1901 was 4,206, and that the
actual number of new allowances for pensions was
4,000 more than in any preceding year.
whole,
is
This, on the
pretty well for a commissioner
who
is
turn-
ing a deaf ear to deserving applicants.
Let us see what our pension-roll, thirty-six years
after
the Civil
War was
over, has to
There was expended during the
sum
for itself.
year 1901 the
In reporting the pension apof 1872, Mr. James A. Garfield, him-
of $138,5(0,000.
propriation
self
fiscal
show
bill
an enthusiastic veteran, remarked that
revenue fn
m
natural
solicitors, fortified
pension
cause?, the pressure
by their
p< Litioal
from
ail
.na-
In 1879 i>< Dl ion paytions, grew all but irresistible.
ments were $35,121,100 a moderate advance over
—
In the next year total
General Garfield's maximum.
revenue increased $61,000,00 0.
Government
Pension
disbursements instantly rose $21,000,000 for the year.
They varied irregularly from the new figure, rising,
however, pretty steadily, until the overflowing surplus
had become in the 1888 election an important plank
in party platforms.
seized
The
on the pension-roll
successful
party instantly
as a convenient outlet.
A
commissioner, said to have begun his patriwoik with the remark, God help the surplus !"
ran up the already heavy annual outlay by $19,000,-
pension
otic
'
000 in 1890, followed by further increases of $14,500,000 in 1891, of $10,000,OCO in 1892 and of $24,800,000
in 1893, when high- water mark in this flood of public
extravagance waB reached. Nobody imagines that the
legitimate needs of veterans grew urgent at any such
rate within the period.
In the hard times immediately following 1893, desultory pruniDg cut down the annual pension bill to some
83, 1900.
of
Germany
eral
"We may
reasonably expect that the expenditures for pensions
will hereafter steadily decrease, unless our legislation
extent from
its
maximum
of $159,357,000.
figures for 1901, already cited,
As the
on the
Treasury is still some $20,000,000-odd below 1893.
But the annual outlay is still considerably more than
five times as great as it was when Garfield declared
that only unwarranted extravagance could increase it.
Nor is there any reason to suppose that demagogues
would not willingly enlarge even the present heavy
drain.
The fact that we are now once more confronted with an overflowing revenue, taken together
with the recent attack by Grand Army politicians on
a commissioner who respects his duty, gives sufficient warning as to what the public has in the very
near future to guard against.
Our objection
show, this drain
whole policy of pension
largess is not, as our readers know, based in the
slightest respect on unwillingness to see the veteran
properly provided for.
We admit that we do not
agree, and never have agreed, with the proposition
contained in President Ilarrison's first message to
Congresp, "that Congress grant a pension to such
honorably-discharged soldiers and sailors of the Civil
War ae, having rendered substantial service during
the war, are now dependent upon thei own labor for
a maintenance, and by disease or casualty are incapacitated from earning it." What avenues of hitherto
unimagined fraud must be opened by such an offer from
the Government, the lawyers who haunt the corridors
of the Pension Bureau are best able to say.
We emphatically do not endorse this scheme of pensioning
every ailing veteran, whether disabled by accident or
by his own excesses, and whose ailments have no connection with his service.
But we believe, as we
always have believed, in the utmost liberality consistent with strict and rigid showing of the facts, and
to
this
1-
with conclusive proof that wounds or disease contracted in the war have injured the veteran's ability
to work.
These stipulations, our readers are perfectly well
little figure in the present scheme of pen-
aware, cut
Thousands of deserving veterans are of course
Yet it was made in a year receiving what they ought in right to have. But
plain enough assertion.
hundreds of thousands are receiving allowances for
when the total pension expenditure was $28,533,402.
General Garfield's prediction would have turned out imaginary ailments, and are in substance being paid
Kich men
for fraud, misrepresentation and perjury.
as accurate as his closing qualification actually did,
but for the fact that with every increase in the Fed- in active business are drawing pensions; soldiers disshould be unwarrantably extravagant."
This was a
sions.
THE CHRONICLE.
3(56
honorably discharged are receiving the reward of honorable service; living men are rocoiving the Government's allowances in the name of dead men with
whom they had no legal association. These f -icts are
perfectly well known to every one; they are, indeed,
matters of public record. They have notoriously made
the Pension Bureau, at repeated intervals, a focus of
scandals enough to ruin the reputation of any public
department.
The extraordinary part
of
the whole
affair is that organizations professing to represent the
[Vol. LlXXIII.
in
1809-00.
Moreover, these high earnings have
been attained on very low average rates. As showing
the density of its traffic it may be noted that in the
late year the road carried the equivalent of almost five
thousand million tons of freight one mile (4,989,581,988 tons) and in the previous year it carried over five
thousand millions— 5,157,955,975 tons. These figures
alao serve to indicate the importance of the system as
a public carrier.
The average number of miles of
road operated in 1900-01 was 2,155 miles, so the
movement one mile averaged 2,315,351 ton miles per
mile of road a remarkably high figure. The average
for the whole Middle States group of roads, according to the report of the Inter-State Commerce Commission, was for 1898-99 (the latest year for which we
have the compilations) 1,774,273 ton miles per mile of
road.
In the last four years the number of tons of
freight moved one mile has been increased over a
thousand million tons that is, it has been raised from
3,939,679,175 tons in 1890-97 to 4,989,581,988 tons in
whole body of honest veterans are repeatedly attacking every commissioner who labors to guard agiinst
fraud and robbery the Government which employs
him, and that half the members of Congress labor
throughout the session to undermiae and circumvent
the efforts of such an upright public officer. Let us
imagine such a state of affairs known and proved to
exist, say in the War Department or the Navy, and
let us then suppose an open attempt by politicians to
double the fund available for such uses. We should
Bay that every man connected with such a nefarious 1900-01.
undertaking would be driven in disgrace from public
The gross earnings of the company approach forty
million dollars, being in exact figures $39,102,302
life and consigned to the opprobrium of his neighwhich furnishes another illustration of the advance of
bors.
If, then, it is true that the public conscience
the property. Four years before, the total of the gross
is seared or dead in regard to this one twenty-year old
scandal, it all the more behooves every thoughtful was but $31,497,031.
In other words, in the four
citizen to defend the Government against the conse- years the addition to the gross has been consi lerably
—
—
over 7£ million dollars, or, roughly, 25 per cent. The
growth has extended to the passenger department as
quences.
THE ERIE RAILROAD REPORT.
The regenerated
Erie in
its
well as the freight department;
annual report sub-
mitted this week reveals many evidences of strength
and development.
We often wonder whether the
property will ever outlive the discredit which attached to it in its early history. In the public mind
it seems impossible to dismiss the idea of weakness
which originated in the misfortunes of three and four
decades ago. Its financial standing has necessarily
been adversely affected by reason of the large amounts
of debt the legacies of past administrations that
had to be carried down through each succeeding reorganization. Encumbered with such a heavy funded
debt and the stock issues also being large, dividend
payments were obviously not within easy reach. To
the ordinary investor a situation which does not
admit of regular and continuous returns to the shareholders appears incompatible with the notion of progress and prosperity, and hence the investing public
has never been able to get itself to think of the Erie
as anything but the embodiment of weakness which it
once was. Even a cursory examination, however, of
its affairs, as gathered from recent annual reports, will
convince any one that the property is an important
and a valuable one, that great strides have been made,
—
—
and under the
and that estimates of its
merits based on past conditions are out of date and
must be revised.
Of course the property will always be hampered
more or less by the errors, financial and physical,
which marked its early history. But despite all these
drawbacks the Erie ranks as one of the great railroad
properties of the country and it is being conducted in
accordance with the best modern standards. It is
both an important East and West trunk line and a
large carrier of coal. To most persons it will be a
especially since the la3t reorganization
present
administration,
should not be forgotten that the Erie has always held an important
place a 3 a passenger road, it having a large local and
suburban traffic which it; carries at low commutation
rates.
In the four years passenger revenues have
it
from $6,781,967 to $3,610,102. The freight
earnings in the same interval increased from $23,476,583 to $29,284,996. Reference was made above to the
riBen
fact that aggregate gross earniags average $18,133 per
mile of road.
In 1897-98 the average was but $14,822
per mile.
On
the operating side the results are equally note-
worthy and satisfactory.
The fact that traffic and
revenues have been developed in such a striking way
is of course the best evidence that the property has
been brought to a high physical state; otherwise such
development would have been neither possible nor
profitable.
But if testimony were needed on this
point it would be found in the traffic records. In the
late year a further addition wa3 made to the average
train load, raising it to 400 tons, this including
material carried for the company's own use, which
averaged 25 tons per train. As against the 400 tons
for 1900-1, the average train-load two years before was
only 335 tons and in 1896-97 but 291 tons. The addition during the four years has thus been 109 tons,
being an improvement of over 33 per cent. The company's splended record in this respect is the more significant as the results cover the whole system from
tidewater to Chicago, and the line is handicapped by
some heavy grades. On the Erie proper the average
The Intertrain- load the late year was 451 tons.
Commerce Commission in its report for 189899 makes the "average number of tons in train" for
State
the Middle States group of roads 312 tons.
point of the security holders
mean from the
is made plain
company's income accounts.
We
What such
operating results
standin the
surprise to hear that the gross earnings of the system
are over eighteen thousand dollars per mile, having
the company being obliged to carry a large burden of
been $18,138 per mile in 1900-01 and $18,153 per mile
debt left as a legacy from past administrations.
referred above to
Dur-
AUGUST
THE CHRONICLE.
24, 1901.]
ing the year under review the debt was further increased $32,000,000 by the issue of the Erie RR
Pennsylvania Collateral Trust 4 per cent bonds to
367
the merchandise freight the average waa (3 43 mills
per ton per mile, against only 6" 18 mills the previous
and on the coal tonnage 491 mills against 457
Kxcept for the improvement thus real'z;d in
pay for the cost of the purchase of the Pennsynu ia mills.
Coal Company, the Erie & Wyoming Valley RR. and rates both last year and the year before, the ibowh g
The
the Delaware Valley & Kingston RR. properties- would obviously have been much less favorable.
acquisitions
essential
possession of
its
its
confirm the
to
road
in
the
anthracite coal tonnage and strengthen
position generally.
With
this additional issae, the
total of the funded debt has been raised to $175,904,100. The net income for the twelve months was not
only sufficient to take care of the interest on this larg*
debt, but to leave a surilus balance in the sum cf
The accounts of the Pennsylvania Coal
$2,823,156.
Company
are not
year,
report does not ascribe the further betterment of
in 1901 to harmony among the trunk lines, lu
the
says
the prosperous condition of the country during the
larger portion of the year insured a greater stability
company proportionately
the work done.
of freight tariffs, giving the
better compensation for
$809,270 in gross earnings
over the year preceding, expenses were slightly reduced, giving a gain of $850,901 in the net. The reduc-
With an increase
whole twelve
It is proper tion
5^ months.
included for
rates,
of
expenses followedentire ly from the elimination of
to say that the inclusion of this company does not the exceptional outlays for new equipment which were
disturb any of the comparisons regarding traffic and a feature of the previous year, and from the faot
revenue which we have rrade above, the only effect of that less work remained to be done in equipping cars
such inclusion being to increase the fixed charges by with safety appliances. The outlays for mainteracce
$533,333 (representing 5 months interest on the of equirment were reduced $832,397 by reason of
month?, but only for the
last
in
$32,000,000 Collateral 4 per cents) and to augment
these facts.
the company's income from securities owned. The
Pennsylvania Coal property was turned over to
the Erie as cf January 16 and the Eiie & Wyoming
of coal
Valley RR.
Thomas
as
of
March
1
1901.
Chairman E. B.
takes pains to point out that the results from
these dates to the close of the fiscal year were very
gratifying and fully justify the purchase.
As the amount
ing
is
of the 1st preferred stock outstand-
a little less than $48,000,000, the $2,823,156
surplus remaining on the operations of the twelve
months would be sufficient to pay the whole 4 per cent
annum
On
the other hand, the enhanced prices
and supplies added to the cost
of
conducting
transportation.
While the equipment outlays were curtailed, the
expenditures upon maintenance of way and structures
were further increased, and this calls attention to a
further feature in the income account which should
not be overlooked. AVe refer to the heavy xpenditures for improvements which have been charged
$1,153,540 was so charged
to operating expenses;
altogether (for equipment and way and struc1900-01
and $1,177,010 in 1899-00.
tures)
in
t
which these shares are en- The surplus of $2,823,156 for the twelve months reThe comtitled as a first preference, and leave a credit balance mains after this outlay for improvements.
is
The management, however,
pany was obliged to charge these improvement expenof about $900,000.
conservative, and the semi-annual payment to be made ditures against earnings because of the deficiency of
the present month (the first dividend) will be only 1^ the original capital fund of the reorganized company,
percent. The showing here outlined appears particu- and also because it was desired to avoid the sale of the
larly gratifying when it is remembered that it was company's securities at prices considered to be btlow
reached in the face of a number of adverse conditions. their value.
As to the company's policy in that
In the first place, it should not escape attention that regard in the future, Chairman Thomas makes a
lie says that "with
neither the volume of the merchandise tonnage nor rather significant announcement.
equal to that of the bettered physical condition of the property and
the volume of the coal tonnage was
the previous year. Indeed, in the two together there the increase in both gross and net earrings, largely
was a loss of not far from a million tons 948,290 the result of such expenditure?, it would seem as
tons.
The falling off in the merchandise tonnage re though the day is now approaching when arrangements
fleets the short period of business depression experi- for new capital can be profitably rrade and the operating
enced the first part of the fiscal year, owing to the expense account be relieved of extraordinary ch urges."
disturbing effects of the Presidential election and the
NET EARNINGS
decline in commodity prices. The decrease in the RAILROAD GROSS
FOR THE HALF-YEAR.
coal tonnage followed from a different circumstance.
It serves as a reminder that an almost total suspenla our issue of July 13 we presented a compilation
sion of business occurred in the anthracite coal region of the gross earrings of United States railroads for
in the months of September and October as the result the first half ef the current year, showing what a wonof the great strike of the miners.
This affected un- derfully prosperous period this had been for the railfavorably the volume of business as well as its cost; road carrying interest.
Tc-day we bring together the
the better prices obtained after the resumption figures of net as well as gross. These make a no less
of work served, we are told, only in slight measure to gra'ifying exhibit, demonstrating that the improverecoup the loss of earnings. The diversion of traffic ment in the gross has extended to the net, the expanfrom the months in which it is usually handled re- sion being general, too, all sections of the country
sulted, it is stated, in crowding it into later months, when shari'ginit.
The story on the whole is a remarkaweather conditions and a more congested traffic ren- ble one. llere are the final totals.
dered impossible so economical a working as before.
lncrtase.
dividends per
to
—
AND
Gross earnings increased $809,270 over the year
preceding, notwithstanding the smaller volume of
tonnage, and the explanation is found in two circum
stances, namely, the augmentation in the passenger
business and the better average rates realized.
On
January
1 to
June
30.
1901.
1900.
lei ,ei8
(179 roacU.)
160.7S0
i'< r
4,10i
Cent
269
*
t
Gross earnings
t
678.07 Ofiii
014.5-^5.636
63.516.CH1
405,:t
14S.750.622
3o,610.10t>
8-64
Blt.7O0.9W
lF6.f75.01l
•AMi^M
I4EO
1034
THE CHRONICLE.
368
many
roads furnish returns of net as of
gross, hence the present statement is not quite as
comprehensive as the earlier one devoted to gross
Yet it covers 164,918 miles of road, being over
alone.
Not
as
80 per cent of the entire mileage of the country.
Moreover, the aggregate of the gross earnings
on these 164,948 miles of road is 678 million
earnings
dollars and the aggregite of the net
212
million
dollars,
which
gives
an
idea
the magnitude of the results comprehended
of
were
(1)
the continued prosperity and activity of busi-
ness in all lines of trade and industry; (2) the maintenance of agreed tariff schedules of rates, and (3)
the favorable weather conditions, the winter of 1901,
like that of the previous season, having been very
mild. The improvement in earnings extended through
month showing an
the whole of the six months, every
increase in both gross
and
net, as will
GROS8 AND NET EARNINGS.
Net Earnings.
Gross Earnings.
Particular interest attaches, of course, to the extent
This amounts to no less than
$63,545,091 or 10-34 par cent in the gross and to
$26,934,983 or 14-50 per cent in the net. If these
gains stood by themselves they would be noteworthy
enough. As it is, they are part of a record of improvement which has been in progress for several
yearB, each year showing further increases on top of
be seen from
the following.
in the
tables.
of the
IVol. LXXI1I.
Month
1901.
improvement.
Increase.
1900.
P.c.
1901.
1900.
1
t
*
9
9.405.792 10-77 80,850,437
Jan... 96,775,071! 87,889,280
Feb... 92,93 ',529 81,019,61
8,919.918 1062 27.570,442
March 103234233 94,033,863 9,200,370 9-78 33.905.289
April.. 101156453 89,616.626 11,610,827 12-97 8 ',404,682
May... 104916469 92,108,269 12,808.230 1391 32,427.839
8.012.439 7-84 27.268.940
June.J8&.389,067 79.326,628
Note.—The
number
February 137;
June 100.
In
In
of
roads
March 130;
Inc.orDec. P.
*
c.
$
28,716.410 +4,164,027 1559
24,197,376 +3,373,00613-94
30,011,057 f3,894.282jU-97
26,909,781 +4.534,898 17-80
!
27,470,857 +4,957,002 18-04
24.139.702 +2,827,238 11-56
included In January -was 134;
in April 133; in May 123; in
the successive increases preceding, and it is only when
Another fact stands out prominently. When the
we have the whole series together that we get a proper
Here are the figures roads are arranged in groups every group outside the
idea of what has been going on.
Mexican records an increase' in both gross and net.
back to 1894.
This is true even of the Northwestern and the North
Year and
Net Earnings.
Gross Earnings.
where the shortage in the springwheat yield was such a serious adverse influence. As
Given.
Given.
far as the gross is concerned, similar general improveJan. 1 to
Juiu 30.
ment was noted last year and also in 1899 and in 1898,
1894 (179) 350,916,698 419,735,767 -68,790,061 96,846,247 120,441,283 -28,595,038
1895 (177; 381,778,487 868,644,256 +18,134,181 109,815,538 102,618,037 +7,297,471 so that for four successive years each and every group
1896 (181) 404,420,650 386.502,871 +17,917,779 116,747,083 111,610,487 +4,136,686 of
United States roads ha3 recorded improved
1897 (179) 431,376.198 486,110,283 —1,734,035 124,799,000 118,033.192 +6,760,S08
The following table shows the group
1898 (186) 487,273.197 436,122,181 +51,151,016 143,614,617 125.691,289 +17,820,328 gross receipts.
1899 (172) 520,558.717 488,776,086 +31.782,831 165,806.629 144.5J3.837 +11,212,792
totals for the last two years.
At the end of this
1900 (177) 611,263,241 537,522,942 +73,730,209 186,998,810 160,873,290 +26,125.020
1901 (179, 678.070.626 614,625,536 +63.615,091 212,709.996 185,776,018 +26,934,983
article we give a detailed exhibit, classified in the
Thus, the gross has been steadily rising ever since same way, and showing the figures for each road
number
Year
of roads.
Year
Increase or
Preceding. Decrease.
Year
groups,
Pacific
Year
Increase or
Preceding Decrease.
1897, while in the case of the net the gains extend
all
With $63,545,091 expansion
the way baok to 1894.
in the gross this year for the six months, it is found
that this succeeds $73,730,299 gain in 1900, $31,782,631 in 1899 and $51,151,016 in 1898— the combiaed
gain for the four years reaching; over 220 million
In the net the iacrease of $26,934,983 for
1901 follows $26,125,020 increase in 1900, $11,242,792
in 1899 and $17,820,323 in 1898, making over 82
million dollars together, not to speak of the previous
It is this striking betterment of revenues that
gains.
furnishes the clue to the wonderful appreciation in
separately.
SUMMARY BY GROUPS.
Group.
Jan.
1 to
1900.
1901.
June 80
1901.
8
New England(7)
n-unk
Net Barningi.
Gross Earnings.
section ob
Inc or Dec.
1900.
P.C.
9
20,379.549
6,038,728
6,463,862
+581.866
10-72
lines. (16) 170,519.357, 158.180,300
52,223,8*8
16,069,814
+6,154.014
+3.821,187
81-21
16'10
8-46
20,828,533
18-39
Anthr.coa)..'12)
68.837.800
68.809.H18
16,064,828
12,248,641
Middle
18,031,388, 16.987,916
6,332,786
15,933,179
18.724,091
28.034,034
26,846,638
+837.319
+2.209,088
+2.187,398
28 077,499
21,883,62*
+ 6,843,971
28-80
North "asiflcd) 49.466.114 45.872,672
South Pac.(l6) 36.401,228 29.042,805
19.803.270
18,989,837
11.3-34.332
8,422,528
+819,683
+2,941,809
4 32
34-93
Southern
Mexican
73,308,526
24,133,993
21.735.75i!
5,897,457
6,460.038
+2,898.243
-762,575
11-03
16,670,3581
Total.(179r'ds)878.070.«28 614 525.535 212.709.99H 135,775 018 4-26.934.983
dollars.
11-50
(19)
Mid. West'n.(39 51,528,819 47,318,103
Horthwest'n (12 87.239.527i 82,574,802
3outhwest'n(18) 79,035,962 65.856.289
(32)
80,535.231
(5)
18.847,184
!
4,995,467
6-73
11-80
the market value of railroad securities during the same
Mileage.—The mileage for the above groups is as follows: New
period of time.
England, 3,358 miles against 3,358 inues in 1900; Trunk lines, 23,255
The further improvement in 1901 occurred in face against 22,902 Anthracite coal, 5,627 against 5,542 Middle States,
;
of the
great shortage in last year's yield of spring
;
3,039 against 3,019 Middle Western, 14,193 against 13,724; Northwestern, 30,441 against 29,374; Southwestern, 26,297 against 25,595'
North Pacific, 18,217 against 17,928 South Pacific, 9,622 against
9,439; Southern. 26,064 against 25,258; Mexican, 4,830 against 4,641;
grand total, 164,948 against, 160,780.
;
This shortage involved a
decided contraction in the shipments of wheat in that
part of the country; the contraction was reflected in
As in 1900, the gains for the separate roads were
a large falling off in the deliveries at such points as
Duluth and Minneapolis. On the other hand, in the numerous and very large. Thus the Pennsylvania on
Southwest the winter-wheat movement was of un- the lines directly operated east and west of Pittsburg has
usual extent, owing to the phenomenal winter- added $4,951,000 to its gross and $3,378,100 to its net.
wheat harvest raised in Kansas and adjacent The Atchison has enlarged gross by $4,497,505 and
There was, however, a shrinkage in net by $1,744,791. Tne Southern Pacific has as yet
territory.
the corn receipts and also in the barley receipts, reported the figures only for the five months to May
and the grain movement in the West as a whole 31, but for that period shows $6,197,160 gain in
was not quite equal to that of last year.
The gross and $2,840,643 gain in net. And so we
We bring tocotton movement in the South ran a little ahead of might continue the enumeration.
gether in the following the principal changes in
that of 1900.
We reviewed at length in our earlier article the gross and net for the separate roads, whether
wheat in the Northwest.
;
conditions and influences affecting traffic and revenues the present year, and we shall not undertake to
rehearse the same facts in the present article. Suf-
gains
fice it to
drawback.
say that
the principal influences at work
or
losses.
The
losses
for
amounts
of
$100,000 or over consists of less than half a dozen
roads,
all
which have suffered from some
special
August
THE CHRONICLE.
24, 1901.]
PRINCIPAL CHANOK8 IN
GHOSS
Canadian PaclUo
$6,197,160
4,951,000
Pennsylvania!
Atoh. Top. <6 Santa Fe
Leh. V. HK. and L V.O.
Illinois Central
Missouri Paolllo
4.497,505
Erie
2.212.7R7
2.148,802
1.964,007
1.907.781
1,855,986
1.82P.147
Chlo. Biii-i.&(Juii>cv..
l.f.t.2.829
Chicago H. I. A Paolflo
Northern Paolflca. ...
1,530.818
1,473.561
1,205,352
1,179,632
128,445
1,146.489
Baltluiore & Ohio
Mo. Kane. A Texas...
Union Pantile
Louisville
.fe
Nashville
Southern Hallway....
St. Louis Division...
Bt. Louis <fe San Fran.
Lake .Shore A Mich. So.
Chesapeake A Ohio..
St.
Louis Southwest...
GrandTiunk
New
Cent, of
Jersey..
Kan. C. Ft.S. &Mein..
Ohio. Mil. cfc St. Paul..
Del. Lack. & Western.
Wabash
Yazoo &
Miss. Valley.
Norfolk & Western....
Choo. Oklah. & Gulf..
Mich. Cent. &. Can. So.
N. Y. Out. A: Western.
Cleve.Cin.Chlo. A St.L.
Chicago
& Alton
& Nor.
Westerna
Kansas City Southern
Pere Marquette
Denver & Rio Grande.
Chlo.
.
Long Island
Nash. Chat. A St Louis
BostOD A Maine
Kan. C. Meui.<& Birm..
Indiana 111. A Iowa...
Chic. Great Western..
Delaware A Hud. Co..
.
A:
Pitta....
N. Y. Busque.A. West.O
Atlautie Coast Line...
Northern Central
Texas Central u
Ba ngor & Aroostook..
Burl. Cod. Hap. A Nor.
Rio Grande Westerns.
Alabama Gt. Southern
Increase or
Preceding. Decrease.
(Jinn.
Ju
2?s.oo,,
20258,112
24
247,244
229,662
228,616
205,841
186,352
lsi,84i
105,067
161,010
159.255
152,lo2
150,700
145,325
124,430
118.241
114,812
110,591
.v.
Bull. Koch.
%
61.691,527
v!27>
r
1-97 (1111
56.U4.4Hl
51,761,899
51. 670,77b
53,4.
(121)
,
63.CO
+3,818,140
1H.7H1 184
65,800.591
22,1(43,996
doo)
85 389,067
79,8*1,628
+ H.898.080
+? ,062,439
NET
month
of the fiscal year expenses are often in-
PRINCIPAL CHANG E8 IN
$185,960
133,749
133,407
113,488
Olev. Cin. Chic.
& St. L.
Louis A San Fran..
Kan. O. Ft. Sc.& Mem..
Louisville & Nashville
Central of New Jersey
Illinois Central
Chic. Mil. &8t. Paul..
Cent, of
New
& Maine
N. Y. Chic. &St. L....
Chic. Burl. A Quinoy.
Bav. Fla. & Western.a
Jersey..
Rook
I.
&
Del. Lack.
& Pacific
Western.
& Nashville
Denver
Rio Grande
Union Paolflo
<fc
Choo. Oklah.
&
Gulf..
Canadian Paolflo
Norfolk & Western
Colorado A Southern.
Grand Trunk
Mexican Internat'l....
Chic.
<fe
<fe
Minn.
Louis
N. Y. Ont. & Western.
Iowa Central
Texas Central.^
455,656
432,390
425.415
416,767
402,315
402,237
399.765
388,456
382.K80
378.224
362,814
292,152
282,768
251,790
228,532
227,866
223,173
221,474
214.439
Kan. C. Ft. So. & Mem.
Si. Louis Southwest...
Northern Paoino.a
Boston <fe Albany
Louisville
Yazoo A Miss. Vallev.
San Ant. & Ar. Passt
St. Jos.A Grand Isl'da
Indiana 111.
Iowa ..
47f>,373
Chesapeake & Ohio...
East. Illinois.
&T.H.
Chicago & Alton
Ft. W. <fc Denv. City..
<fe
St.
Wabash
Phil.
WUining.
<fe
Bait.
Choc.Oklahoma& Gulf
Leh.V.KK.andL.V.C
Wabash
31.
t
Louis Division...
St.
Canadian Pacific
Seaboard Air Line
N. Y. Ont. & Western..
Louis Southwest...
tit.
Covers lines directly operated east and West of Pittsburg and Erie.
lines increased $611,200 and the gross on
Western lines increased $383,900.
t
PRINCIPAL CHANGES IN
$753,3C0
512,659
445,225
290.514
Pennsylvania t
Atch. Top. A Santa Fe.
Krie
Baltimore & Ohio
Kan. O. Ft. Sc.&Mfcui.
Union Pacific
Chic Mil.
<fe8t.
Paul..
L.V.RR.andL.V.C...
Total (representing
6 roads)
$1,611,627
Southern Railway
St. Louis Division...
Canadian Paciflo
Denver & Rio Grande
Pere Marquette
Coast
l'acilio
For four months
to April 30.
Clev. Cin. Chio. & St. L.
Kau. City Southern..
&
&
Chlo. R. I.
N. Y. Ont.
Paciflo..
Western.
EARNINGS IN JUNE.
Increases.
Minn. St. P. <fe S. Ste. M.
Chicago & Eastern IU.
$38,780
37,770
Total (representing
29 roads)
193,361
181.330
153,562
150,305
108,265
100,777
92,648
89,147
82,403
82,010
77,150
67,985
6,934
63,626
57,808
46,386
45,908
39,035
Seaboard Air Line
Central of New Jersey
Chesapeake & Ohio...
Colorado & Southern.
St. Louis & San Fran.
Minn. St.P. A S.tite M,.
Central of Georgia
NET
Increases.
$584,085
405,542
226,876
152.783
129,576
112,765
Mexican Central
Mexican National
Lake Erie <k West
.
The gross on Eastern
Decreases.
lines increased $878,700.
May
& Quinoy.
Southern Railway
Chlo. Burl.
Total (representing 64 roads). ...$27,151,43;
Covers lines directly operated east and west of Pittsburg and Erie
The net on Eastern lines increased $2,499,400 and the net on Western
a For Ave months to
& Pacific...
& Southern.
I.
Colorado
$201,715
201,511
179,808
174.092
156,036
147,903
141,481
132,121
127,053
120,326
115,893
109,255
106,210
105,387
104,590
103,086
102.840
101,800
Pere Marquette
St Louis Van.
870,753
6e0,195
659,863
601,636
514.X09
Southern Railway
Kan. City Southern. ..
St. Louis & San Fran..
Ohio.
Ohio. R.
JUNE.
.
Erie
MONTHS.
Boston
1,267,871
1,210,444
Seaboard Air Line
EARNING8 IN
Increases.
Baltimore & Ohio
Missouri Paolflo
Increases.
Ohio
GROSS
$995,100 Kan. City Southern
$72,772
670,479 Denver & Rio Grande
72,200
398,728 Central of Georgia
69,500
307,352 Pere Marquette
64,722
247,453 Chicago & Alton
61.568
238,730 Chic. & East Illinois..
56,356
222,149 Chicago Great West..
53,619
220,354 Yazoo & Miss. VaUey.
45,681
214,094 Minn. & St. Louis
42,298
198.202 Indiana 111. & Iowa...
42,289
194,550 Buff. Roch.A Plttsb'rg
41,575
150,563 Chesapeake & Ohio. ..
40,649
138,675 Ft. Worth & Denv. C.
39,450
136,784 Phil.Wilmlng. ABalt...
34,900
125,835 Minn. St. P. & 8. St. M,
32,242
117,430
116,661
Total (representing
112,225
46 roads)
$6,203,745
96,766
Decreases
Norfolk & Western
94.047
$97,998
92,418 Mexican Central
75,033
28,194 Paciflo Coast
69,537
84,417 Atlantic Coast Line...
48,363
80.223
77.792
Total (representing
4 roads)
74,700
$290,931
Pennsylvaniat
Atch. Top. & Santa Fe.
Union Pacific.
Mo. Kansas & Texas..
$366,670
EARNINGS IN 6
+4,0
+2.435,781
the twelve months.
Total (representing
Increases,
&
14,044,198
80.608.216
21 489,702
ill. 276.99-
Increases.
Pennsylvaniat
$3,378,100
Southern Pacific
2,840.643
Atch. Top. & Santa Fe.
1,741.791
Missouri Paclrlo
1,509,653
Dlinois Central
1.424.403
Leh. Val. RR. & L. V. C.
1,403,855
Chlo. Mil. & bt. Paul..
Chic. & North West.o.
14.6:
creased by the inclusion of extraneous item* in the
adjustment and closing up of the various accounts for
Covers lines dlreotly operated east and west of Pittsburg and Erie.
The gross on Eastern lines increased $1,009,300 and the j:ioss on
Western lines increased $941,700.
a For five months to May 31.
t For four months to April 30.
Reading a
Baltimore
+ 1,41
14.0
16,509*16
74.15S.671
the last
Decreases.
4 roads)
8
+1.
0,764
There is a somewhat larger list of losses in the net,
but in part this follows from the fact that June being
t
Erie
14.392.573
(101)
iwoi
Increase or
Decrease.
I
+2.676.944
+1,706,656
1900 (1(4)
Total (representing
80 roads)
$62,852,000
Minn.St.P.&S.Ste.M.
Mexican National
Pacific CoaBt
Mexican Central
Preceding.
(Jiven.
"T"
1
10,288,580
Wt.
PRINCIPAL CHANGES IN
is
Net HafMingi.
r«M
nit*.
304
29
Mexlcan internal'!
Han Anton,
Vr. l'a.~.-t
.
Gross Earnings
,!irr
80"
,\:
961.835
880,802
862,213
831,818
721,761
704,027
694,643
677,413
666,607
637,719
627,780
619,850
593.629
491,395
486,733
474,799
469,281
450,138
444,608
419,822
414,241
Seaboard Air Line...
,488
336
309
Colorado.! Soiuliern.
Minn.
St. Louis
Ft. Worth A Den. City
Phlla.Wllmlng.4 Bait.
N. Y. Chicago .v st. L.
3,826. <27
Here
the evidence.
$3!i7.:i'i2
Central or (icorgla
Chicago A East 111
Bav. Fla. <* Weaterna,
4,519.S>H6
RfiutniK'"
ment has been progressive and cuim
MONTHS.
O
IN
liirnuMPi.
Increases.
Hunt li. in Paclllcu
EARNINGS
$3,716,938
Uoc rounics
"
Mexican Central
Mo. Kans.
&
Texas...
Missouri Paciflo
Mexican National
Chio. Burl.
<fc
Quincy
.
Central
Pitt sbui a & Western..
Atlantlo Coast Line...
Norfolk & Western ....
Louisville* Nashville
Yazoo & Miss. Valley.
Nash. Chatt. A St. L..
Illinois
$233,596
136,300
112,700
101,535
95,123
92,036
89,479
82,314
67,040
37,736
37,347
35,571
Total (representing
12roads)
$1,121,377
Covers lines dlreotly operated east and west of Pittsburg and Erie.
on Eastern lines increased $515,000 and the net on
Western lines increased $238,300.
t
With reference
itstlf,
to the
the showing
is
month
much
of June considered by
the same as for the six
The net
The following is the detailed statement for the halfmonths. There is an increase in both gross and net,
year referred to abeve.
and outside of the Mexican roads every group participates in the increase in gross; in the net there is one EARNINGS OF UNITED STATES RAILWAYS JAN. 1 TO JUNE 30
-.Vcf.-Gross.group with a loss, but only for a small amount.
1900.
Inc. or Dec.
1901.
190J.
1901.
New England—
& Aroostook. b.
>a & Albany. b....
m & Miiine.b....
Bus. Km-.
BirxiON OR
Orosi Earnings.
618 170
$
267.876
$
244M-13
4.700,3:17
,895
•3.832,631
11.108
4. -71
65.181
$
74 '.WO
Bunn.
SUMMARY BY GROUPS.
Brldgton
Net Earning*.
4,68" ,868
1,60'..">7..
li.36H.47S
•II.II-.'.hii;
& Lvnn.b
17.1.977
160.815
Saco Rlv..
17,725
842.823
485.093
812,036
451.9:8
•4,034.246
13,384
4,976
83.587
roads).... 20.82 j.533
2j.379.519
IS.
.t
1
Vail New England..
New London Nonh'n.
i
Group.
1901.
1901.
1900.
June.
Trunk
lines. (10)
23,081,282
Anthra. coaK 4)
6.207,65s
East. & Mid. (12)
2,919,837
Mid. West'n.(17i 0,648,048
Northwest'n( 9) 11,912,335
21,263,225
6.867.07H
l
I
7.518,620
1.306,401
2,804,319i
665,297
6.267,75^
11,443,236
1,883,460
1900.
Inc. or Dec.
016.234
938.409
+290.167
—84,531
+167,67*
+832.366
+243,114
+26^88
28-55
2"86
c-ii
13,182.691
11,01.0.627
4,894,186
North Piolflc !3) P,92?,155
South Paciflc(l)
102,218
Southern ...i24) 11,802,927
Mexican
2,663,916
u)
6,614,547
95 666
2,916.869
,673,715
80.970
24,130
+6,810
2835
11,317,914
3.287.989
218,905
163,605
+69.0-'4
2-14
-323,21.7
2s'02
Total.(lOOr'ds)
85,359.067
2,743.476
79,326.62b
3,693.0(0
fc
30,20s
27.26H.940
24.439.70;?
(7
-11,5*9,108! 26 80
887,984
535,488
061.83U
Bouthwest'n.ild)
Total
P. C.
*
929,412
+2.887.23
!
B.'&o'southw
Clev. tin.Ch.
Peoria
t'48
2049
9c 9
1156
need hardly to say that June results have been
good for a great many years past, so that the improve-
A
"
»23,567,033
li
A Bt. Louls.a
8,801,989
1,
262608
19,70-. 364
rand Trunk
Qr.
Trunk* West. D
n, 131.781
1,772.903
381.055
Det.Ur.H. & Mlhv.i)
Lake 8h. A Mich. So.b 18.C90,218
Mich. Cen.A.Can.8o.a *,70o.000
N. Y. Chic. & St. L.b.. 3.5H2,5->.i
- Bast P. & HI... 44,* 0,611
WestPltts.
A Erie.,
\ Krle.b
A St.L. a
Wabash.
Pitta. C. C.
18,420
il
6,036,728
1901.
19)0.
t
1900.
*
$
21.603,956
irtl
91.214
8.
ji.773.7oj
r8,984.718
r9.7&l,a,7
8,489,818
8,130,140
I.i98,3i8
17.939.H17
10,413,0^0
1.835,196
8.20\au5
i!
5,0
5.11
i.;-
1
.
B.C0O
•
'.520
1.511
1,063.8:0
.-Hi
.971
1.49'J
8,011.658
-rlu2.>16
68,823,868
18.068.844
+6.154.044
3
r'.K^'.'H
Total (16 roads). ..170.510.337 )5-,l^>,3t0
+870,753
+50.266
9,400
-,7n0
23,83i.O00
7,791,898
Inc. or Dec8
31
I
r',634.6
+28.40*
-66.777
89,106
,670
40,831,
+201.715
+9.278
.711
3.61
:W1509
12.728.383
2A'47,49t
40
42
t
-2H.461
+36
+531,866
5,
I
St'.L.u
Erie.a
I'lnlii.
We
1901.
$
liunkLines—
'
*
2,1
THE CHRONICLE.
370
arosH.
1901.
Anthracite dual—
Com!, or N. li-rncva...
Delaware- \
UOSOn—
Kenss. .\ Saratoga. b
N. V. ft Canada.b...
1
—Jfet.-
.
1300.
*
*
LOO
093.817
7,8811.(190
8.'05.'.H1
1,IH',»11
016.111
2,<41 D-!
8,118,027
890. ^'O
i
2.-i81,102
-35.S21
320,04
V
.
+ 1U.SK1
+ 111.891
l
i
+
ti
i
02,058
.27.1.29
t'n.b
of
I
-.915
an. s.Hii hi
Chesapeake
+ R!.-,'2l
Col.
+071.420
Newb.
in.
.v
7.414
2..".7
Laurens
68.809,818
M
1901.
*
00.4«o
IV27.001
SI, ilea-
lilill,
Adirondack.a
Annap.Wash.A Balfu
It. \ An
8hori Llne.e
Bath \ llaiiim
lap..
Auica
I
Huff
It..
r28,610
e8,97i
0,900
v
vS&.'iHO
\ Plttab.b
linn \ Susquehan
172
48,
1,'':!?, .31
vdef.1.483
ro,209
1)9.768
Cornwall A Lebanon..
166,ol
4115,407
168,714
80,1124
4H6.l'06
158,355
79.420
616,048
i
ai!iw,8
224.M4
i)
—3.399
-f
I
118,970
448,1 !7
4,777
l,9o6,IS*l
89.0 3
.li
101.H6*
S,9oO,89i
6,717,211
New England.
\ Delaware.b..
Jersey ,v Seaeh.b..
239,9 9
1.492,752
2!tV'72
1.401.132
Total ,19 roads)... 18,031.388
16,987.916
6.332,78.)
4,995,46';
l.'OO.
19)1.
19)0.
Phila.
Trov
Wilm.
.<<
Hall
3,71)0,09
1001.
Middle Western—
Ann Arhor.b
Chicago & Alton n,
'
1,588,H00
1.5o<
46,200
6.439,2)1
9.392
8.91
,v
l.i
4
2-i9,0J2
8 0,655
204.289
1,400.249
1
4,2 8,004
3,8:S,7-<3
2,4-8,398
Vl. 073,376
1, 188,671
t)500,282
1)272,074
500,159
476. w99
157,542
074,341
47,283
2.270,010
10,231,003
003,787
36,300
396.2H5
2.095.864
61.193
96,«69
.
.
+
+
9!).',iiil
1 487,0'!0
2.09 r
48,425
284.032
-691
—2,159
+5,000
+337,319
Inc. or Dec.
t
Cuic.it East. Illinois. b 2,*04,794
Chic. md. Jfc Loulsv.a, r 1.0 70,580
Chic. Tenn'l Transp.b
V' 80,280
Col. Band. \ Hoek'g
612,686
Detroit .V .M.ickinac.a
4.19.785
Kvansv. A Indianap.b
139.798
Evausv. & T. Haute.
696 376
Find.Ft.W.iWest.b..
46,749
Hocking Valley. a
2,219,472
1^,4 13,700
Illinois Central. a
Indiana 111. & lowa.b.
790,189
lron.b
33.404
Kanawha & Mich. a...
467.492
Lake Erie & West'n.a 2,153.732
Manistique
58.833
..
14.157
18,800
101,8.0
I
$
t
I
809.901
18,984
11,48 1
1.331
+94,048
+26,022
-1,106
+24,274
+2,0 ll
—33,544
+P0.916
i>94,237
rdcf.il!'
60,65
166,344
2,21.3,8 6
N.Y. & Bock, Beach.b
Northern Central. b...
W.
+ 1,717
1.2*3,488
i'298,i!82
isl.unl.b
+291
1,866
9,090
..
Long
1)10.6 16
Nashv. Chat. & St.L.b
.Ik v Western. a.
Ohio Blver.b
11.0 8
i
Cent. Penn. \ west'n
Cumberlan Valley.
Lehigh & Hudson, b...
-1,328
0.1
',.;.-.
'11'
2.-14,1)06
(•217.300
.
99
r
0569,007
11:7.702
25.003
301,700
7.222
852,529
6,044.797
33 ',424
9,440
112,72)
51., 520
30,885
l.il.950
1,318.768
1,0.9,132
0558,658
d:80.283
101.662
152,218
39.778
315,048
0,550
891,794
1,220,394
+42,339
+141,4-1
+214,439
+5,349
—14.159
— 1.993
—14,456
—14.715
—13,282
+06
i
—42,206
+1,424,403
5*20,1
+ 109,256
73c«,3tf0
—280.876
09
14,471
81,595
—5,031
+31,122
32. 168
r27 2.020
r24,3 16
r3,163
r32,589
r9,09O
r53,55
357.855
47.489
68,
i
.-..004
+2'.
+47i#
-10.22 <
-3.105
+62,221
+6.399
*8,7«8
+378,224
257.767
66,004
7h,299
4.216/V3
def.0.013
•!,I90
1.17
3.031.7746
::,80
7,16i
1-510.514
1-130.307
«2.012.7e6
4. f 58.5 10
1)122,312
15,313.1-9
924.454
304, 3 H2
+301
-9.139
1.1-
+2::
+8.1
:vl6B.X6l
.197,326
•741
1.7-D60.08U
4,157.272
1,187,035
71.713.981,899
1)169.721
-a
•'.'00.141
1)572.41-1
-
+171.09:
+601.036
-21.023
+475.373
186387
2211.49)
-::-.
129.251
110.900
+ 12.351
1-191.369
2 '.323
1)167.678
1)144.841
79.593
2,313,410
22.263
717,502
73,308,525
1900.
24.133.995
$
-
+118,707
1,593,907
2.941,22)
1901.
.
i
1.-95,062
616,412
1*.911
841.921
def.5.652
0686.936
Total (32 roads)... 80 633,231
det 12,102
10.858
7, 77i.io
Mexican Iioads Mexican Central
Mexican Internat'l....
Mexican National
Mexican Northern
Mont. & Mex. Gulf...
78.080
13,014,959
hi
3.70
Yazoo Val. & Mi-s.a..
\9l0
7
•104
i.i
87.047
+12,10,
•+7,143
+21,071
-129,676
+29.599
1901.
$
$
—4'
-60
590,449
+127.063
21,735,752
+2,398.243
1900.
Inc. or Dec
I
—584.0-5
3,140,073
1.083,240
+221,47*
—405.642
1,945,876
8.860,l c 6
2,930.139
3,920.477
8,979.974
2,672,027
'.226
2.655.988
1,304.714
1,510.333
1-249,183
T260.427
697.702
198,129
•110.4*8
180.422
—12.1 !9
+17.707
16,670.356
6,697,457
6.400,032
—768375
674
(5 roads)....
16.647,184
-293
drand total. 179r'ds)078,070,626 614,525,535 212,709,996 185,776,013 +26,934.983
a Net earnings here given are after deducting taxes.
b Net earnings here given are before deducting taxes.
• Figures and comparison tor this road are for five months ended May 31
the luue returns not being ready yet.
r Not counted in fo (tings, because included In earnings of the system under
which this road appears.
* The Boston A Maine has operated the Fitchburg since July 1, 1900, only;
for the purpose of this comparison, however, we Include the Fitchburg for both
1900 and 19:1. The Portland A Rochester is also Included, but only lor 1901.
t For tour months to April 30.
,
-1,283
r300,58l
14,880.81
Rich. Fred. A Potom
1-180,790
8av.Klon.la 4 \
1)2,988,167
inl Air I.ine 1..
6,720.743
Silver Sp.Ocala & G.b
367
Soulliern Railway. n... 16.684.821
1,052. '99
St. Lou's Dlvis'n.a..
404.008
West'n o! Alabama.b.
SV.Va.Cent.4 Pittsb..
1)172.648
70,029
Wrightsv. & Tennille.
Total
1,688
319.910
+ 16,601
1,481/93
19.390
225,699
121.714
819,978
170.110
181,
A Na-lr.
A Birmingham
in, :;
<;
694.512
l,0.",-.803
.
—5951
Louisv.
22,091
6,<H)fl
3,'
1,698
Dec
*
»
16,140
it.oio
8.895.082
eh.
Inc. or
1000.
.
42.114
103,016
I.W1
690,777
Southern 3c. Kin. a.
Can. C.Mem. \ iiir.n.
Lexington \ East's b
Hen. \ st.L.b
+3.821, 187
12,848,641
*
22,-i:'7
Arcade
v.
100
l'.lOO.
1)85,334
Bellefonte Central.!)..
Hull".
lli.0il.828
'.710
+42.708
+12.896
t.72.013
2.61
89, 5-9
89
ii
fi.-i.
Total CUroada)... 68.887.800
48,291
0.533.776
40.29^
Ohio a.
Tex.Paca
,v
C86
c.
|
20.V07
M.'..O.f
,
1)275,977
-.-66
7
Inc. or D,
t
69.008
115.151
1,1*8.730
111
648. .)!
•181 5-0
d.f.18,014
2.312.159
..054
198.138
840.668
gla.n..
(.
Cin. N.o.,«i
s
Llnea
!oa»l
A Savannah. b..
Chart.
+106.387
+H4.96J
.
i.
Brim
'
I.
i
Atlanl
+320,077
+81.138
+l,lu KIT
—
ll.oo.
0,283
9'.
237,135
869
>
1901.
8
I
Knoxv.\ N u
Atlanta* W. Point.
Atlan.
-Net.
.
1900.
1,100.871
B421
,
1
l
.
1901.
Southern fiVMKtl
Ala, i.i Southern. a...
Alabama Midland. b...
+314,809
0i7,2oi
17-\
188,868
11
Albino .t 9u«q.b...
2.48
1,308.64
l.K^li.iilH
Del. Lack. \ Weal
1,608,621
b 4,001,800
270.6K7
s> ra, Blng. i
V.b
458.850
627,79
..OIK)
1,60
Vafiej iin.n.. 18,
18,1*2,804
Valley Coal.a. 1>,096.709
8,618.8*10 def.168.8441 def.466.2e2
7 10. .1H
N.-i
08
2,846,089
Ont. A west'n. a 8.771.S0SI
n4?8, Hil
N. V. Susq. \ West.a. »1,1«9.1«1
o97(
riiila. 4 Keadlng.b...t)U.743,78< Dl0,69P,750
1)4,019,887
vB,610,808
r--.ll 11,037
,653
0870,188
DlX.8e2.989
Coal A Lron.b
I
OrotS.
/«c or Dec
no.
i
.
Wi,»vi
8,
[Vol. LXXI1I.
+23.561
+1,727
Pennsylvania Co.—
&
G. Kap.
Indiana.
rl.310,735 rl,262.083
r7o,5l9
r0-<,146
T23.863
r29,779
r20O.O2?
r246.318
1.070.144
1,000,326
261,140
248,003
92,710
94,793
290,574
292,6 12
50,934
44.773
79,749
82.611
550.9 .9
613,384
991,06*
930,035
81,323
78,970
409.145
3 ,0,50
567,328
534.273
77.H73
77,574
131,376
120.178
4,263,607
3,843.845
2,070.049
1,957.632
749.0:2
781.598
261,9-2
230,284
1.262.145
1.222,180
1,106,-69
1.343.82J
Mus. ti. R.& Ind.a
Traverse City. a..
Cin. R. & Ft. W.a.
.
Total. n
Cin. & Musk. Val.a.
Pitts. Char, i V.a..
Cleve. & Mar etta.a
"Wayne8b.& Wash.a
Cin. Leu.
Tol. Peo.
&
&
Nor.a...
West. a.
St.L. Van. &TH.b
E. St.L. &Carond.a
T. H.& Logansp'ua
Cleve. Akr. & Col. a.
Newo. & Cin. B'se.a
Louisv BridKe Co.a
Pere Marquette.a. ...
Pittsburg & West'n.
T. Haute & Indianap.
T. Haute & Peoi ia
•
Toledo & Ohio '"ent.a
Wheeling &
T01.4O9
3i9,471
42.920
28,1-4
91.398
14,605
17,145
93,103
339.429
30,533
61,211
153.124
60,994
48.411
967.909
843,647
256.158
30,444
292.434
361,706
L. Erie...
Total (39 roads)... 51,528,319
47,313.103
1D0O.
t
2,237,695
22,023,742
3,22 ',183
19,29?.342
1901.
Northwestern —
$
Burl. C. Rap. A No. a.. 2.355,93
Chic. Burl. & guin.b. 28,586,571
Chic. Great West'n. b. 3.40U.324
Chic. Mil. A St. Paul.n 19.975,755
1
15. '33,179
t
719,244
7,321,011
1,. 12.916
1901.
5. .75,999
1)6,"99,667
Chic. A No. West
1)16,603,303 1)16,153.165
Chic. Rock 1. A Pac.a 12,525,58) 10.994,7 12
Dul. So. Sh. A Atl.b.. 1,168,^24
1,242,286
1.05H.315
Iowa Central. b
1, 130,47
i
3.-.004
43.027
10.582
18.870
100,822
191,526
28,079
18.895
77,098
63,201
42,863
820,873
784,104
231.13 i
1,237
3f 5,597
324,852
13,724.091
1)5,439,804
3.37 i, 285
477,55;
212.362
492.926
1,109,324
1)592,313
1)2.058.655
1,316,902
2.383.823
V 33.121
1)2.091,590
1.647.261
1)93.964
1)593,403
Total (i: roads)... 87.239.527
82,574,202
28. 03., 031
25,84f,638
St. JOS.
A
st. L.a...
A S.S.M.b
Gr.Island.a
Wi>eonsin Central. b.
1,620,239
2.-07,857
D00.
1901.
$
Southwestern—
Ateb. Top. & S. Fe.b.. 27,528.200
Choc. Oklah.&Gulf.b 1,940,583
Colorado Southern. b. 2,328.327
Deuv. & Rio Grande b 5,342.967
Ft. W. & Denv.Citv.b
Gila Val.ey & North.
K. C. Ft. S. & Mem.a..
Kansas City South. a.
Mo. Kansas & Tex.a..
Missouri Pacific
Rio Grande South'n.b
St. Loui> & No. Ark.
St. Louis & S. Fran.b.
St. L. Southwestern. b
San. An. & Ar. Pass.t
San. Ke Pres. & Phx..
So. Mo & Arkansa.-.b
Texas Central
.
Total
(IS roads)..
North Pacific—
Canadian Pacitlc.a.
Northern Pacific, b.
Pacific Coast. a
Union Pa ino a
1,020,831
174,548
3,463,422
2,-7-,206
7 41J.928
Id,«i6,95l
250,653
60.210
4.975,280
3,517,174
821,751
487,427
1901.
ft
$
23,030.701
1,3»6,«54
2,020,36:.
4,928,726
7*8.893
2, 67,-132
264,050
89,536
252,62,)
l,!-i4,567
7-3.600
10,060
5,779,064
120,il3
10.275
1,920,5-0
1,217.185
129,390
1.
'>
1)131,097
1)133,901
79,035 962
63,350,289
28,077,499
21,833,5 8
1901.
«
14.570,160
1900.
1901.
*
«
5,529,737
1)5,649,479
2,319,442
20,1.7,874
2,452,909
18,321,868
441,912
8.158,142
(4 roads).... 49,ie6. 14
45,872,672
1930.
lt',809,270
$
S
..
1
South Pacific—
Nevada
Central
1)13,815
1)12.766
Bio Grande West'u.b. 1)1,9 '8,703 V 1,793.891
470,404
425.00)
Sao Fran. & No. Pac.a
Southern Paciflc.a... 1)33, 003,306 r26.811.116
Aust.
A
Northw.b.t.
r3.338.497
rl23,3D6
rl, 294,452
So. Pacific of Cal.b.u rt,17i ,325
So. Pac. of Ariz.b.t). 7-2,099.196
So. Pac. of N. M.b.v. rl,l8o,880
r4 9.950
r6.736.911
r2.550.449
r40.664
rl, 104,841
r564.707
r2,742,72g
r 109.298
r830,356
7-7,041, -5U
rl.632,-74
r861,477
Total (15 roads)... 35,401,228
29,012,805
rS5.8.il
Centr.il Pacific.b.i'.. r7.690.923
Gal. Har. AS. A.b.i). r3.0.3.l66
Gulf W.Tex.A P.b.D
4,209,411
109,384
19,140
1,488,1>0
13,46
1901.
Total
1,446,1(18
1)277,022
14,172,798
..
9,465,813
392.982
397,441
1.705,018
131.929
111.246
882,380
267.9)4
817,420
9,001
875,777
24,460
f30,bl5
279,401
39.708
..r 12,31.8.038 1)10,925.077
..
1900.
43,1*8
3.828.791
2,655,330
674,421
505,22
81,209
i
H9.0I3
Hous.A Tex. C.^+.. rl,671,695
Louisiana West. b.D.
r754,96
>
M'gans La. A T.b.f..
N.Y.Tex. & Mex.b.t.
Tex. A N. Orl'ns.b.t)
+ 12,310
-t-76,026
—2.207
+5,558
+156,036
4-59,543
+25,0 lb
+35.207
-73.163
+36,854
+2,209.08.2
+6o9,-63
+425.415
— b9,8:6
+104,690
+106,210
—152,783
+113.893
+63.858
+2,187.395
Inc. or
c.
D
$
ll,?0O,6O4
075,750
625,307
192,07
2,708,779
2,03d,598
5.505,147
14,698,059
+31,616
—4.563
-4,820
+48,371
+4,083
—1.425
-7,719
+147.913
+2.454
1900.
Inc. or Dec
$
I
+79.881
639,363
+179.808
7,141,203
97c,6tl
+34.3 24
+980,195
6,295.804
3,797.700
377,701
316.952
599, 36
956,541
v2 9,857
Mlnneap. A
Minn. St. P.
— k.525 ITEMS AB DUT BANKS, BANKERS AND TRU
+7,853
1901.
$
1900.
*
+1.744,791
+2-2,768
+227,866
+362.814
+132.121
—27,710
+402,237
+456.056
+65.482
+1
50j,ti53
+ 10..-29
—2,8d5
+ 432.3
+399,706
+120,326
+3.6 ;4
+ 15,338
+ I03..83
+6,24!,971
Inc. or Dec.
$
5,277.i'17
1)5,261,023
554,'V77
+3-8,456
— liV.7-<5
7,895,990
+292, 15 i
l-<,\<89,637
1900.
•
+251.7P0
+819,033
Inc. or Dec.
I
1)691
1)721,10
t)037,922
114.985
93..8U
—3,311
+83.478
+20.999
1)10,627.256
1)7,680,613
+2.840,643
r23.3 6 def.rl2,0(.0
r2,736.778 r2.295.990
+35,385
+44",788
+1.3. 61
+4,110
+360.2*8
+142,667
+101,7.4
—12.231
+204.383
1)4,1)02
r462,7<3
r20S 972
rdef.0.715 rdef.i0,«25
r5O6,870
rlli ,648
r3O0,618
rl 7.981
rl,18-,473
r7 26,699
r22,754
r34,985
r457,651
r263,2«8
r2,9^8.100
r2.5l7,3l4
rl 121,311
r75-,086
r457,618
f7
25,41
11,304,332
8,422,523
- -150, -22
--i68.225
--267,7 88
+2,941,809
—
The auction
sales of
bank stocks
this
-T
CO'S.
week aggregate 130
Transactions in trust company stocks reach a total
No sales of either class have been made at
the Stock Exchange. In the outside market bank shares
have been very dull. Small lots of National Bank of Commerce sold at 378, but no other dealings were reported.
shares.
of only 12 shares.
Banks—New York.
100 Chatham Nat. BaDk.
10 Hanover Nat Bank
20 Shoe & Leather Bank, Nat
Shares.
Price.
315
695k
110
Tbust Companies -New York.
1950*4
2 Central T net Co
250*3
10 North American Trust Co
Last
Aug.
Aug.
Aug.
Previous Sale.
1901— 325
1901— 696
1901- 111%
Aug. 1901— 1977
Aug. 1901— 235
—
In connection with the opening of its Harlem branch, the
Knickerbocker Trust Company has issued a very interesting
little book on the subject of trust companies.
The brochure
traces the origin and growth of these corporations and shows
how inevitable it was that with the increase in the country's
wealth its bankable capital should find an additional channel
for that portion not actively engaged in trade. It also shows
that the relations between banks and trust companies must
continue to be tho3e of harmony and friendship and not of
which finds support in the reference in last
Saturday's Chronicle to the composition of the Utica Trust
Company's directory, which is made up of local bankers.
I: is point-d out that the extraordinary growth of trust
rivalry, a theory
deposits in New York State during the past five
years has not been at the expense of the banks, which have
also shown a considerable increase within the same period.
Attention is also called to the fact frequently overlooked that
company
where trust companies are legal depositaries, they furnish a
place where executors and other fidicuaries can deposit trust
funds without any anxiety as to loss occurring to themselves
personally from the failure of these institutions, thereby removing an element of disquiet from the market at crucial
times. The pamphlet dwells at length upon the special functions of trust companies and serves to clarify the general
public view on the subject. There is a very valuable synopsis
of the laws of the St^te of New York governing the inheritance of real and personal property. This part of the work,
we are informed, has been carefully prepared by eminent
counsel.
—An institution known
as the Bankers' Money Order Ashas been organized in this city with the object of
sociation
supplying the banks throughout the country with a mediam
for the transmission of small sums not exceeding $00.
Banks desiring to take advantage of the facilities offered by
the association are provided free of charge with blank forms
August
THE CHRONICLE.
24, 1901.]
money orders bound in books, and the Institution!
issuing the orders are required to remit at intervals to the
The charge
aaBOc ation the amount which they receive.
made to the purchaser of the order— which ranges from li v.
of the
f
$50— is divided b« t\\
The orders are made
Bank of New York, and thi
Western National
cents for $5 to eighteen cei ts for
issuing bank and the association.
;
able at the
fore they can be treated,
ing
them
as
expected to
it is claimed, by he bank* negotiat
York par exchange. The systtm is not
compe'e with the domestic exchange transac-
in recovering part
t
intended to aid these instltui
it is
of the business of
money
it is
contended, by the institutions to maintain their
reat h the final place of
bal
payment
The President of the Association is
Knauth, NachoO & Kuhne, of this
this city.
Kuhne,
ill
in
Percival
city,
the proposition.
— In the
August number of " The Southern Field," a perifrom the office of the Land and Indus' rial
odical issued
Agent
of the Southern Railway, attention is called to the
inadequacy of the banking facilities in the South, it is
pointed cut that there are in the eight Southern Statereached by the Southern Railway 1,416 banking institutions,
capitalized at an aggregate of $97,511,972. As the population of these eight
States
amounts to
14,852,398, the
per
capita bank capital is approximately only $6 56. Comparing
with Iowa, an agricultural 8tate like the ones mentioned, it
is found that that State, with a population scare ly more than
Virginia, has 1,211 banking institutions, having an aggre
gate capital of $63,402,307, or $28 41 per capita. Making the
calcu'atlon more in detail, the tanking capital per capita cf
Iowa is more than six times larger than that of Alabama,
fcur times ttat of Georgia, nearly two and a-half times that
of Kentucky, nearly seven and one-talf times that of Mississippi, over nine times that of North Carolina, over five
times that of South Carolina, over four times that of Ten
nessee and four times that of Virginia; or it is four and onethird times greater than the average of these eight Southern
States.
It is argued from this that banking capital in the
South should pay well. There are some fine towns on the
Southern Railway, it is stated, that now need a bankir g institution.
New manufacturing enterprises are being established, large forces of labor are being added to the producing capacity i f nearly every town, more business is being
done and more money is being handled than ever before.
—In
our issue of July
27,
page
165,
we gave
the facts re
gardii g the increase of the capital stock of the Girard Trust
Co., Philadelphia, from $2,000,000 to $2,500,000. One-half of
the 5,000 new shares was sold to the existing stockholders
and the lemaining half to the Mutual Life Insurance Co. of
New
Yoik.
As a further
trustees cf the
result of this action
four of the
Mutual Life Insurance Co. have been elected
to the board of trustees of the Girard Trust Co., viz., Messrs.
Richard A. McCurdy, George G. Haven, Augustus D. Juiland Edwaid J. Berwind. The combined capital and
liard
surplus will now be $10,000,000.
In the Chronicle of July 6, page
&
Miller
Bach man
F.
&
Charles
Co.,
Co., Charles
II.
Lean
Jfc
W. Fiunir.
Co, Lrvin
&
Co. and McLaughlin, Lee & Co. Two "sessioi h" will be
held each day, from 10 to UiK a. m. and from :li0 to E
Cont derable activity, particularly in Steam'l AutoP, m.
1
mobile stock, marked the trading on the first day. Other
in were the shares of the Standard AutoPneumatic Horse Collar, Camden
matic Lubricating Co
Land, P.ilixetto Co., Greger Man't'g Co., National T\
writer and (Jeneral Carriage, with a few others.
,
—The
Hank
Exchange
first
sales
for Havings stock took
at
Pittsburg
in
week
place this
Pitttburg
at $523
pet
Subsequently $550 and $589 was bid for the stock.
The capital of the bank is only $75,000, tut the surplus is
over three times that amount— $235 263 according to the
The regular dividend is at the rate of 10 per
latest report.
ne, although it is stated that the profits for the past year
have been at the rate cf over 75 per cent.
share.
.-.
and
among the directors are ValeLtine P. Snyder, Presidt nt, and
W. L Moyer, Vice-President, of the Western National Bank.
The Treasurer is Edwin Goodall. Circulars explaining the
system aio being sent to the banks throughout the country,
and already quite a large number of banks have assented to
of
C.
!'..
I
transmission,
which has gradually been diverted to other channels, Tin
orderB which may be raid by iuterior banks cun be utilized,
ances, and thus they w
Verner&Co., H.
securities dealt
New
tions of the banks, but
371
—The official report of the proceedings of the Arkansas
Bankers' Association at its eleventh annual convention held
in Helena, Ark., on April 18 and 19 last, has come to hand.
The book presents a very attractive appearance, printed on
high-grade paper with rongh edges, and the cover also in
paper and decorated with cardinal ribbon. It is in fact one
of the most artistic of the many State convention reports
which reach the editor's desk. A portrait of the outgoing
President, John G. Fletcher, who is President of the German
National Bank of Little Rock, follows the title page. The
address of welcome, as will be remembered, was by Major
In addition to the routine
J. J. Horner, Bank of Helena.
business of the convention, papers were read, it may be recalled, by F. F. Rucker, Cashier Bank of Beebe; R. E.
Brown, Cashier Citizens' Bank of Van Buren; P. A. Ball,
Cashier American National Bank of Fort Smith; Charles
McKee, Cashier Bank of Fordyce, and Prof. S. J. McLean.
The c fficers for 1901 are President, James P. Coffin, Cashier
People's Savings Bank, Batesville; Secretary, M. H. Johnson of Little Rock; Treasurer, R. E. Brown, Cashier CitiVice Presidents, Charles McKee,
zens' Bank, Van Buren
Cashier Bank of Fordyce; Simon Seelig, President Fi;st
National Bank of Helen*; Dolph Sloan, Cashier Lawrence
County Bank of Walnut Ridgs T. M. Neal, Cashier Bank
of Russellville
J. S. R' gan, Cashier Citizens' Bank, Pres:
;
;
and Joe P. Eagle, President Bank of Central Arkansas,
Lonoke. The new executive council is composed of J. G.
Fletcher, Ex-President of the association; George T. Sparks,
President Fiist National Bank of Fort Smith; F. H. Head,
Cashier Merchants' & Planters' Bank of Pine Bluff, and W.
cott,
J.
Stowers, Cashier
Bank
of Mcrrilton.
— Two
banks of Sedalia, Mo., have amalgamated. These
Bank and the Sedalia National— the latler
having purchased the former. The People's had a capital cf
The Sedalia National has a capital of $100,000,
$50,000.
and its officers include: President, J. H. Bothwell; VicePresident, William Courtney; Cashier, E. R. Blair, and
No change will be made
Afs'stant Cashier, B. F. Blair.
are the People's
either in the
amount
of the capital or in the officers as the
result of the consolidation.
—Among
the trust companies in this city which have had
a noteworthy growth in their business, particularly durir g
the last six months, is the New York Security & Trust Com-
This company during the half-year ending June 30,
tdded $12, 000,COO to its volume of deposits, raising the
total to $33,339,730. This is a larger addition tfcan that made
during tiny previous period of six months the increase in
feet being aluost 60 per cent— and yet during practically the
whole of its existence the business of the institution has been
pany.
15,
we
printed a table
showing the striking development the Girard Trust has mae'e
during the last two and a half years.
— Clifford A. Hand, a prominent lawyer in this city, di< d
from apoplexy on Saturday night at Elizabethtown, N. Y.
Mr. Hand was the senior partner in the law fiim of Hand,
Bonney, Pell & Jones, the general counsel for the Atlantic
Mutual Insurance, of which company he was also one of the
trustees.
—A curb
market for the purpose of dealing in securities not listed on the Stock Exchange has been established in Philadelphia, in the paesageway between the
Drexel Building aid the Cnstom House, just off Chest
nut Street, near Fifth Street.
Among the firms represented on Thursday, the opening day, were Geo. A.
Huhn & Sens, Chandler Bros. & Co., W. W. Kurtz & Co
J. W. Sparks & Co., J. S. Bache & Co., B. H. Gcskill & Co.,
,
1901,
—
rising to larger
was organized
and
still
in 1889,
The company
larger proportions.
and we have thought
it
interesting to
bring together the half- yearly statements since the end of 1>
Aggrigate ^-Friee.-^.
Gross
New Yohk
Surplus <£
Resource*. Bui. AlK.
Deposit*.
HtCURlTY & Capital.
Profits.
*
Tkobt Co.
$
$
$
June 30, 1901. 1.000,000 2.579,162 3». 339,730 b7,035,31 6 100O
Deo. 31, 1900. 1,000.000 2.3*1,544 21,364,309 24,79\331 775
June 30,1900. .1,600.000 2,253,559 18.04^,471 21.35?,H82 750
Deo. 31, 1899. .1,0 0,000 2,145.471 15,690,302 18,883,331 70O
Mine 30,1699. .1,060,000 2,056,223 14,041,331 17,147,497 575
Deo. 31, 1898. .1,000.000 1,879,889 U,*74.370 18.791.894 420
June 30, 1898.. 1,000,000 1,736,501 13,764,337 16.551,866 350
Deo. 31, 18V-7.. 1,000.000 1.593,081 15,558,444 1*. 185, 478 350
June 30, 1897.. 1,000,000 1,485.101 13,451,741 15.96'J,194 295
Deo. 31, 1896. .1,000,000 1,411,112 8,300,025 10,746,351 295
THE CHRONICLE.
372
[Vol. LXXI1I
" The Proper Selection and Training," J. P. E. Clark, Gen.
TheBe figures speak bo eloquently of the company's adthem. We Mgr. Binghamton Railroad Co.
vance that it ia hardly necessary to enlarge upon
Mr. G. T. Rogers, President of the Binghamton RR Co. is
wish, however, to call attention to the fact that not only have
the operations of the institution so greatly expanded, but its Presidfnt of the Street Railway Association.
business has evidently been very profitable, for the total of
surplus and undivided profits now stands at $2,579,162, as i$l0ti£tarE I ©0mmerctaT£ttfllisTt2leitf5
against only $1,411,113 at the beginning of 1897. $975 is
now bid for the $100 shares as against only $295 at the close
of 189G. The officers of the company are well known, the
President being ex-Secretary of the United States Treasury
Charles S. Fairchlld. The Vice-Presidents are Abram M.
Hyatt and Oaborn W. Bright. L Carroll Root is Secretary,
Zelah Van Loan and Charles B. Braine Jr. are respectively
Assistant Secretary and Second Assistant Secretary, and
James E. Keeler is Trust Officer.
—The
Ohio Bankers' Eleventh Annual Convention, which,
as we announced some weeks ago, will be held in Cleveland
on October 16 and 17, promises to be the most successful
ever held by the Association. It is reported that the Hon.
M. A. Hanna, Col. Myron T. Herrick and Mayor Tom L.
Johnson will make addresses. The President of the Association is J. C. Reber, Cashier of the Winters National Bank of
Dayton; the Vice-President is Edwin R. Sharp, Cashier of the
the Chairman of the
State Savings Bank of Columbus
Executive Council is J. E. Knisely, President of the Northern
National Bank of Toledo, and the Secretary is S. P. Rankin,
Cashier of the Bank of South Charleston.
;
—
The consolidation of the Forest City Savings Bank and
the Detroit Street Savings Bank, of Cleveland, O., under the
name of the first mentioned, has gone into effect. A list of
the officers of the new institution, with other details of the
merger, were given in this column on June 22.
—The
absorption of the Franklin Savings
Bank
of
Paw-
tucket, R. I., by the Slater Trust Company of the same city
The plan, which has been approved
is under consideration.
by the trustees of the bank and will be voted upon by the
members of the corporation on August 26, is, briefly, to sell
the assets of the savings bank to the trust company and to
the savings department of the
at {resent market values will
net a surplus, it is stated, of about 9 per cent, which,
in the shape of a dividend, will be payable to the depositors on October 16.
The Slater Trust Company, organized in 1900, was formerly the Slater National Bank. The
capital is $500,000; surplus and profits, $557,127, and deposits,
$1,653,872. The deposits of the Franklin Savings Bank
amount to about \% million dollars. Frank A. Sayles is
President of the Trust Company and A. A. Mann holds the
same office in the bank.
transfer
company.
the
deposits
to
The transaction
ANNUAL STREET RAILWAY CONVENTION.
The 19th Annual Meeting of the Street Railway Association
New York will be held at Rochester on Tuesday and Wednesday, Sept. 10th and 11th. Indications point
of the State of
to a very successful gathering. A general invitation has
been extended to the Street Railroads of the State of New
York, both members and non-members, to send one or more
representatives, including, in addition to the officials,
men connected with the respective companies.
practical
the
[From our own correspondent.]
London, Saturday, August 10, 1901.
Empress Frederick of Germany having
no political significance, has of course had no inflaence upon
the course of prices upon any of the Stock Exchanges of
The death
of the
Europe. It has, however, its social influence on the general
course of trade here, especially in the dry gooJs department.
Owing to the death of Queen Victoria in January last these
trades have suffered very severely throughout the year.
Practically all the light-colored materials usually so much
worn by ladies during the fashionable season have been
thrown upon the hands of drapers and other dry goods merchants. As the non-official mourning only lasts for three
weeks, coming at this season of the year the death of the
Empress will have hardly any effect on the dry goods trade.
The King, recognizing how severely the trades referred to have
already tuffered, has not ordered any general public mourning, mourning being confined to the Court and official circles.
Mourning or semi mourning, however, is generally
worn by both sexes at all gatherings that have any pretenIt has been noticed with
pleasure upon more than one occasion recently that the large
number of non-British visitors, especially those from your
side and from France, an immense number ot which are in
London at the present time, are paying us the compliment
of wearing slight mourning whenever they appear in places
of public resort.
Business upon the Stock Exchange remains as slack as
ever, and it is virtually impossible to place new issues of any
kind. Those which have come out not very numerous— are
in the hands of the underwriters or others responsible for
the issues, and they are in the unpleasant position of holding
large blocks of securities for which it is impossible to find a
buyer. O nr own Stock Exchange would be almost completely
idle were it not for the fact that your market affords support
to American securities whenever offered. The holidays, no
doubt, have some influence on the general dulness; but the
explanation which finds most favor in well-informed quarters
is a belief that the liquidation now in progress in Berlin may
afford opportunities of purchasing really first-class securities
somewhat below present prices.
The Board of trade returns for July show that our imports
equal in value 43 millions sterling, being an increase of 6 per
cent compared with July last year. The exports at 24J^ millions are virtually the same as 12 months ago.
Our large indebtedness to you is still the feature of our Board of Trade
returcs; but to some extent, possibly to a larger extent than
is generally believed, this is offset by the very heavy purchases of American securities from Europe and the various
deals which have recently taken place in connection with the
visit of Mr. Morgan and other eminent financiers.
The India Council is very much pleased with itself, but
the market is by no means so well pleased with it. I mean
of course by the market the exchange banks and AngloIndian houses who have to remit to the principal centres in
India. The Council made up its mind a while ago to decline the sale of its drafts below Is. 3 29-33d. per rupee. At
the time it was selling some 30 or 40 lacs of rupees a
week, and for these there was a very good demand. The
market, however, refused to pay more than Is. 3%$. per
rupee. The Council then reduced the amount offered for
tender to 20 lacs, again to 10 lacs, and finally refused to
sell at all. This went on for three or four weeks.
Now,
this week the Council has been able to sell more than 20 lacs
at its own price. After, however, virtually a month's abstention 20 lacs a week in the middle of August v/ill not do
if the Council is to meet its obligations in London later in
the year. It has already had to import gold from India
which the Indian Government had accumulated at such great
The total sales have realized so far nearly 4% millions
cost.
sterling, comparing with about three millions sterling last
sions to a fashionable character.
—
The first day will be given up entirely to the business
meeting, followed in the evening by the usual banquet, which
will probably be held at Ontario Beach. A portion of the
second day will be occupied by a business meeting; an excellent program of entertainment has been arranged by Mr. T.
J. Nicholl and the local committee.
Upwards of 600 invitayear.
tions to supply-houses have been issued, asking them to send
On Thursday an instalment of 10 per cent on the lately
representatives and make exhibits. From the responses re- issued consol. loan of £60,000,000 fell due. To meet the payceived thus far, 'a large number of supply -men will be present. ment there had been extensive preparations and its influence
The usual quota of brief and concise papers upon street upon the course of rates in our money market has been very
There was, naturally, some borrowing from the
slight.
railway topics of practical interest will be read and discussed.
Bank of England at the official minimum of 3 per cent,
In addition the topic " How to Increase the Efficiency of which remains of course the same as it has been since June
Employes," will be under discussion, and the following assign- 13. On Thursday rates for the day in the open market
ment for ten minute addresses upon this subject has teen ranged from 2 per cent to 2% per cent, and occasionally, as
For the week, however,
I have said, advanced to 3 per cent.
made by Mr. H. H. Vreeland (for the purpose of opening any figure between 1 per cent and
\% per cent may be
discussion).
quoted as a normal rate for money in the case of those enjoy" Discipline," E. Q. Connette, Gen. Mgr. Syracuse Rapid ing first-class credit. Three months' bills have been steady
It is significant, howall the week at about 2J4 per cent.
Transit Co.
ever, that for longdated "paper a figure somewhat above
" Benefit of Benefit Associations," Orrin Root, Asst. Gen.
Bank rate is quoted, nor is tne market very well disposed
Mgr. Metropolitan Street Railway Co., New York.
towards this form of investment.
August
THK CHRONICLE.
21, 1901.]
The following return shows the position of the Rink ot
England, the Bank rate of discount, theprioe of oonsols, <&c
1U01.
Awj.
A HO,
i
I
i
80,6Ha\M16
10.81B.3WU
28.0»0.0><5
7.0OU.74 I
28."-
4",624.*1S0
88,01
40.4H7.8.I
18.200.87B
20.330,112
•i*. B71.673
80,41 4. H81
B8.U1S.824
17.H21.0U0
80,4<i*.W05
130H4.H68
41, «
IS
81. WW.
7.375.U42
Other aeon rltles
Reserve of notes and ooln
Coin*
bulllou, both depnrtiu'ts
Prop. reserve to liabilities.. o. o
se.6so.us
rate
peroent.
a
Oonsols, 294 peroent
OS D-18
Silver
28 16-lCd.
Olearlne-Uonse returns
The rates
103.Ol5.OOo
Bank
iSJ
e
=9
Jalr
Months.
20 3
8 3
10
•
lors
llo
7-ia
27»4d
128 030,000
Bills.
4
Mo:
BM
3K®8«
•M
39.008,709
38.203,335
July
•M
Seven mos..
Ll-lfl
Notk.— Tlu» Aggregate
27 6-lilj.
13i<.f>D,.uuU
adjustments have been
LONDON.
Banks Coll
3X@3*i
SH
S@8X
3
uw
Hi
1M
1M
IX
IK
8
3fc®3
3
lltQS
Sm-SM
>>I|M,H
3
U4
Hi
1-8
1
194
IX
1U
1*
IV
made
Oonsols.,
scantily supplied at the quotation to All all orders. Sellers have, as a
rule, held for higher prices, but have not generally suooeeded, although
Isolated sales at 27d. have been reported. The market closes dull with
little business. The Indian rate is Rs. 6t>% per 100 Tolahs.
Arrivals:
New York. £83,000 ; Australia. £2,000 total, £85,000. Shipments :
Bombay, £104,500; Calcutta, £ 12,500 ; total, £117,000.
Mexican Dollars—A few have been sold at 2638d. but there Is little
Inquiry, aod the difference between these coin and silver seems likely
to widen.
;
for bullion are reported as follows:
new, 2*4
p.ots.
26 1(J
947 10
27
94 44
94%
rr ohrentes(lnParlB)fr. 01-57*3 101-65
Spanish 4s
70
70
..........
9^
9*8
& Santa Fe.. 76%
Itch. Top.
765b
98%
Baltimore
Ohesapealce
113%
A
96
99
100
Ohio
&,
93%
93%
113%
Aug.
Oen.
Klo Gr.,oom....
<fe
Do
Erie,
do Preferred.
common
2d preferred...
Louisville
& Nashville..
Mexican National
Wo. Kan. at Tex., com..
8.
Bar
gold, fine
oz. 77
D. 8. gold ooln...oz. 76
Gernvn gold ooln.oz. 76
.French gold ooln.oz. 76
Japanese yen
Silver.
1.
London Standard.
& Hudson..
Y. Ontario & West'n
oz.
d.
9k
4
5
5
76 4
d.
d
77
76
76
76
76
9%
Bar silver, fine. . . oz. 261B 1B 26i--' 16
Do 2 mo. delivery 26i5 16 615 16
Bar silver, oontaln'g
do 5 grs. gold.oz. 277 16 !V 7 16
do 4 gre. gold.oz. 27% 27 k
27ii9
do 3 grs. gold.oz.
oz. 291,6 291 16
Cake silver
Mexican dollars. oz. noln 2b '16"
4
5
5
4
Nominal.
+1,405,374
+36
They
M
39%
68%
52%
148%
106
25%
11
28
65%
ARead
21%
& Bead. let pref. 40
,
Tut*.
'
43
94
55%
# abash
21%
40%
Do
_.
Deb. " B"
96
62
-a
94
40%
67%
53
148
56%
21%
39%
62%
95%
171
43%
94*
41%
70%
54^a
149
25%
11*
26
12
28
27%
35%
101%
92%
43%
58
92
98%
74%
21*
40%
27%
59%
33%
89%
58%
32%
88%
35%
58
92
27
98%
74%
21%
40%
27%
59%
33%
89*
92%
43%
91%
94%
22%
40%
63%
158
3578
58
92
101%
102
107%
57%
56
158
57
158
98%
74%
21%
40%
914g
42^a
934a
88%
62*
9914
11%
27*
273s
87ia
93%
40%
78%
26
157
35
58
21%
39%
77%
99%
148%
106%
107%
25%
11%
74
98 78
43"a
43%
148
106»b
56%
31%
U. S. Steel Corp., com..
Do
do
pref.
23
52%
984a
87%
100%
fc
114%
48%
22%
94%
114
92
57%
M
94%
114%
47*
22%
170%
43%
93%
114
91
32
94%
106%
101%
68
344fl
2C13 _
94%
9l%
Ui 2
670b
27
5438
157
27
100
39%
1051a
25ia
11
Fri.
101-55 01-57%
70%
70»8
9 '4
9%
94%
39%
52%
147%
Tkuri.
94%
0167% 101-70
70%
70%
9<4
9%
77%
78%
97%
99
26I3
92
27%
94*
94%
170%
27
Union Paoiflo
Wed.
170
43 %
South'n Railway, com.
d.
t.
+15'5
166*
94
158
ST.
35
Norfolk & Western
56
Do
do
pref. 91
Northern Paoiflo, pref.. 103
Pennsylvania
74%
'Phila.
Phila.
8
+743,70!»
48%
43%
». Y. Cent'l
Aug. Aug.
Aug.
8.
—104
48%
22%
.
*Phlla.&Read..2dpref.
GOLD.
+111
,386
47%
22%
48
Ohio
22%
Chloa. Great Western
Uhlo. Mil. at St. Paul... 168
•
London Standard.
+ 7-a5
+661,767
27i 16
94°h
ifon.
:<l'*
&
;
—820
+425.-160
Indicate that slight
In the monthly returns
,
:
—465,813
figures are oiticiai.
Sat.
1*4
m
+39
Per OU
—7-84
+7-13
Kutfllaa Financial market*— Per Cable.
The daily closing quotations for securities, etc, at London
4re reported by cable as follows for the week ending Aug. 23.
Joint /Ms't Hi.
Stock At 7-11
Messrs. Pixley
Abell write as follows under date of
Aug. 8
Gold— There is do demand at present for gold, and all the week's
arrivals have been purchased by the Bank, which has received a total
of £229,000. of which £170.000 is In bars. There are no withdrawals
to report. £500,000 for account of the Indian Currenov Department
Is due at the end of this week from Bombay. Arrivals
Australia,
£135,000; Cape Town, £70.000; New Zealand. £13,000; China,
£50,000; total, £268.000. Shipments: Bombay, £15,000 Colombo,
£2.500, total, £17,500.
Silver— The prloe has remained without alteration at 26' r'i,;d. since
July 29. and on the whole has been a dull and Inactive market. There
have been a lew inquiries for India, but the market has beeu too
The quotations
M
—431.15s
June
m
:
5,482.465
5,575,825
5.666,338
5,860,647
5,884,463
6,441,884
4,782,311
i'
m
8*
s
18
6,051,307
5,966,963
5,200,525
6,286,007
6,056,229
5,522,270
5,526,083
92*
43%
94%
100%
74*
22
40*
27*
59%
88%
89%
102%
93
44*
95%
22
22 »4
23
41
41%
63%
64
41%
64%
Prioeoer share
The following shows the Imports of cereal produce Into the
United Kingdom during the forty -nine weeks of the season
compared with previous seasons:
IMPOBT8.
National Banks.
1899-00.
Imp'rt80fwheat,owt.65.800,100 59,896,100
Barley
19,052,000 14,533,600
Oata
21,912,300 19,374,600
Peas
2,315.030
2,428,640
Bean*
1,727,840
1,520,320
Indian corn
52,251,600 53,887,400
lour
21,658,200 21,345,700
1900-01.
1898-99.
60,547,650
22,037,843
14,379,520
2,224,850
1,998,470
53,577,760
21,227,605
1897-98.
61,702,210
19,340,104
14,220,990
2,245,065
2,281,310
50,500,300
18,971,770
Supplies available for consumption (exclusive of stocks on
September
1):
1900-01.
1899-00.
1898-99.
Wheat Imported, owt.65,800, 100 59,896,100 60,547,650
Imports of floor
21,658,200 21,345,700 21.227.605
Bales of home-grown.22,894,242 30,510,253 33,086,903
1897-98.
61,702,210
18,971,700
23,158,831
Total
110,152,542 111.752,053 114,862.158 103,832,741
Aver.prloewheat,week.27s. 6d.
28s. lOd.
24s. lOd.
35s. 7d.
Average prloe, season. 27s. 2d.
26b. 2d.
26s. 2d.
36e. 5d.
The following shows the quantities
afloat to the United Kingdom:
of wheat, flour and
maize
Thit votek.
Wheat
qra... 2, 809,000
Flour, equal to qrs...
Maize
The
qrs...
301.000
785,000
Last weefc.
2,854,000
316,000
810,000
British imports since Jan.
1
300,000
810,000
1899.
2,335,000
330,000
820,000
have been as follows:
March
April
May
June
July
1900.
£
Difference.
£
£
45,987,516
39,714,439
46,426,056
46,392,892
42,426,759
41,711,033
43,028,822
44,555,914
37,644,808
45,002,184
42,681,876
43,876,427
42,016,307
40.264,167
+1,431,602
+2,069,631
—305,269
+8-66
—3*30
-•07
+2,764,655
+68
295,899,033
+9,007.294
+3-2
Seven mos.. 305,506,327
The exports since Jan.
1
+ 1,423,922
+3.711,016
— 1,449,668
Per Ot.
+3-21
+5-49
+316
April
May
June
July
to H. H. Curtis, Cashier.
NATIONAL BANKS ORGANIZED.
Certificates Issued August 12 to August 16.
5,937—The First National Bank of Plleer, Nebraska. Capital, $25,000.
B. H. Sohaberg, Casuier. Conver
C. G. Ohman, President
slon of Pilger State Bank.
5,938—The Citizens' National Bank of Crandall, Texas. Capital,
$25,00o.
JanieB
Brooks, President
C. Thompson,
;
fA
K
;
r\\\ 1 ftT*
5,939-The First National Bank of Glenville, West Virginia. Capital,
$25,000. J. N. Shackelford. President; John Claypool,
Cashier. Conversion ot the Gilmer County Bank of Glenville.
5,940—The Cltv National Bank of La Fayette, Indiana. Capital,
$100,000. Samuel Hene, President; Le Roy C. Slooum
5,941— The Farmers' National Batik of Pilger, Nebraska. Capital,
$25,000. Walter Key, President B. Stevenson, Cashier.
5,942—The Langlade National Bank of Anngo, Wisconsin. Capital
$50,000. J. F. Albers, President H. C. Humphrey, Cashier
;
;
OOBPORATK KXIBTKNCK OF NATIONAL BANKS EXTENDED.
The Third National Bank of Chattanooga, Tennessee, until
close of business August 13, 1921.
2,569-The First National Bank of Moorhead, Minnesota,
of business August 13, 1921.
until close
Imports and Exports for the Week.— The following are
the imports at New York for the week ending for dry goods
Aug. 15 and for the week ending for general merchandise
Aug. 16; also totals since beginning first week January.
FOREIGN IMPORTS.
For week.
1900.
£
£
24,753,531
21,037,455
25,021,293
21,987.033
23.556,712
22,444,424
24,385,771
23,583,682
23,219,849
25,316,821
22,645,147
24,715,930
24,895,335
24,550,557
—1,159,218
—2,450,911
—164,786
—4-70
—9-90
—0-6
168,927,321
—5,745,152
-34
Seven mos.. 163,182,169
12.
have been as follows:
1901.
Exports.
January
February
March
Approved August
Hamlin County Bank of Oastlewood, South Dakota, Into The Hamlin
Countv National Bank of Oastlewood. Capital, $25,000. Blanks sent
2,559
1901.
Imports.
January
February
—The following informationregarding
aational banks is from the Treasury Department.
APPLICATIONS TO CONVERT STATE BANKS.
Cashier.
1900.
2,015,000
Difference.
£
+ 1,169,849
-2,182,394
—295.528
—658,114
Per
Ot.
+4-91
-9-39
—1-16
—291
1
DiOerenee.
£
I
for devout* by
Monthi. 8 Af os.
2 0-10
H
lQ
.
lrade
VH
iH
2 7-t*
1
81, hi
676
7w3
Intereit aUoxata
Bill)
Monthi.
M
W
m
87 3
Ant;.
1
2*
IS s
'•
3
I
33.617.1. WW
1900.
January
February
March
Mull
as follows:
Open Market Ratet
London. 3
81.tai.blt
44
«
OS 1-1B
28a.
148.116.000
money have been
for
31.260.rt.Si
sew
3 in
11'
Bank
since Jan.
£
KK KXPORTB.
Auj. 10
a
SO.BS.i.fiO
Circulation
Pnblio deposits
Other deposits
Government securities
The re-exports of foreign and colonial produce
show the following contrast:
1901.
18W0.
W
lttOO.
Au.j.H
7.
373
1901.
Dry Goods
Gton'l
Total
1898.
*2,012,680
10,117,382
$1,957,915
6,314,586
12.093,757
7,101.104
$2,043,205
5.075,373
$8,272,501
$9,197,861
$7,118,578
f66.820.427
288,452,090
$78,026,314
269,649,580
$65,639,699
261,924.992
$60,742,041
216,429,659
1
Dry Goods
9en'l mer'dlse
Cotal 33
1899.
812,130,062
mer'diae
Since Jan.
1900.
weeks 355,272,517 $347,675,394 S327.564.691 $277,171,700
THE CHRONICLE.
374
The following Is a statement of the exports (exclusive of
apeoie) from the port of New York to foreign ports for the
week ending Aug. 19, and from January 1 to date.
EXPORTS FROM NEW YORK FOR THE WEEK.
For the week.
Prev. reported
BANKS.
S6.171.878
294,443,199
Total33 weeks $332.112.641 »341.486,380 8286,224.904 $300,615 07 7
Note.— As the Hguros of exports as reported by the New York
Custom House from week to week frequently show divergence from
the monthly totals, also compiled by the Custom House, we nhall from
time to time adjust the totals by adding to or deduotlng from the
amount "previously reported."
The following table shows the exports and imports
ipeoie at the port of New York for the week ending Ang.
and since Jan. 1, 1901, and for the corresponding periods
1900 and 1899.
EXPORTS AND IMPORTS OF SPECIE AT NEW TORK.
Since Jan.
Wtek.
Union .square
Forkvllle
*871
7,384,567
West Indies
38,668
29,255
1,114,000
Total 1899
$1,791,968
1,576,795
8,773,306
$45,139
21,359
29,867
S1.003 829,202,521
8,787,279 47,102.887
25,800,737
Total 1901
717,365
276,569
535,411
57,544
28,298
9,295
11,675
661,8„»2
1,003
South America
All other oountries.
Imports.
Exports.
Silver.
Wtek.
Since Jan. 1
$901,415
Great Britain
$
West Indies
$100
242,777
21,250
1,016
58,758
27,976
1,718
,
Since Jan.
Week.
30,025, 63fc
697,49f
2,220
All other countries.
$25,283
4,720
22a
205,561
1,736,461
381,578
31,045
2,491
$903,133 $30,992,885
751,355 32,102,900
582 561 29,960,962
1
$86,834
9,319
83.214
$2,383,871
2,761,340
2,439.149
Of the above imports for the week in 1901, $15,898 were
American gold coin and $790 American silver coin. Of the
exports during the same time $475 were American silver
coin.
New York
City Clearing House Banks.— Statement
condition for the week ending Aug. 17, based on average
daily results. We omit two ciphers (00) in all cases.
Bank
Capital. Surplus
Loans.
Specie.
Legals.
9
9
$
N.Y..
2,000,0 2,084,0 19,089,0
Manhattan Co... 2,050,0 2,182,4 20,621,0
2,000,0
2,000,0
Amerioa
1,500,0
Phenix
1,000,0
City
10,000,0
300,0
Chemical
Merchants' Ex..
600,0
Gallatin
1,000,0
300,0
Bntoh.A Drov'e'
400,0
Mech.<& Traders'
200,0
Green wloh
Leather M'f'rs..
600,0
State of N. Y...
1,200,0
American Eioh 5,000,0
Commerce
10,000,0
Broadway........ 1,000,0
Mercantile...... 1,000,0
Paoiflo
422,7
Chatham
450,0
200,0
People's
North America.. 1,000,0
3,000,0
Hanover
Irving
500,0
600,0
Citizens'
500,0
Nassau
900,0
Market* Fulton
Shoe & Leather. 1,000,0
Exchange.. 1,400,0
Corn
300,0
Oriental
Imp't'rs'&Trad. 1,500,0
Park
2,000,0
250,0
East River
3,000,0
Fourth
Central
1,000,0
300,0
Second
750,0
Ninth.
10.000,0
First
300,0
N.Y.NaflExch.
250,0
Bowery
200,0
Y. County....
N.
750,0
German Amerl..
Chase
1,000,0
100,0
Fifth Avenne...
200,0
German Exch...
200,0
Germanla
Lincoln
300,0
Garfield
1,000,0
Fifth
200,0
Bank of Metrop.
300,0
200,0
West Side
Seaboard
500,0
2,100,0
Western
1st Nat., B'klyn.
300,0
Liberty
500,0
N. Y. Prod. Ex.. 1,000,0
New Amsterdam
250,0
Astor.
350,0
Hide A Leather
500,0
Total
1,106,6
2,274,9
3,153,1
243,8
6,170,7
6,942,6
244,0
1,998,8
72,4
126,5
178,3
13,648,1
14,839,0
20,909,7
4,832,0
117,365,1
24,193,1
4,770,2
9,276,0
1,067,6
2,614,0
500,6
526,9
3,233,0
6,758,7
1,569,1
1,297,7
603,6
990,6
349,7
1,023,1
5,434,9
449, 2
371,0
280,9
986,7
219,2
1,783,8
412,5
6,046,8
3,863,6
153,1
2,477,6
526,6
973,6
77,3
11,0H6,8
124,6
729,2
697,4
395,6
2,513,4
1,362,3
582,6
837,2
994,4
1,168,2
367,8
1,076,3
446,1
944,8
2,287,6
616,7
729,9
402,8
668,3
417,9
365,3
1,026,1'
2,971,0
7,729,0
2,383,5
2,888,0
3,242,3
1.192,0
31,674,1
5,059,9
881,6
1,013,8
263,3
393,0
121,8
791,4
408,0
4.383,0
10,316.6
936,1
2,321,7
180.2
651,7
180,8
3,955,7
4,842,2
30,086,u
76.486,4
5,971,8
13,999,8
2,740,7
6,069,6
2,160,6
12,198.6 1.838.5
49,188,
9,545,4
4,342,0
727,6
3,017,1
607,6
2,725,2
617,0
5,996,6
932,4
3,738.4
861,7
23,420,0 4,508.1
2,140,0
160,0
23,893,0 4,897,0
49,4 58.0 15,820,0
1,348,6
180,7
22,706,0 3,938,6
10,892,0 2,000,0
10,144.0 1,830,0
2,2-i 2,8
349,8
74,488,0 18,948,8
3,678,8
755,7
3.0C 3,0
376,0
4,028,2
744,8
3,298,4
604,6
41,048,9 10,790,0
9,396,6 2,494,2
2,305,2
219,8
2.982,3
409,1
12 512,1 1,113,1
6,799,1
1,472,4
2,168,8
484,4
7,084,6 1,261,6
2,e54,0
451,0
13,198,0 1,861,0
38,133,8 8,686,9
4,356,0
861,0
7,224,3 1,161,1
4.44C,
726,6
7,104,*
1,128,2
4,231,3
848,3
2,894,2
548,6
Deposit."
oi
0/
Re-
S
of
Merchants'
Mechanics'
Mutual
Twelfth Ward
Twenty-third W'd.
204,208
18,209,78t-
BANKS
Eleventh Ward,...
fourteenth Street.
3annevoort
Hamilton
Mount Morris
Washington
$871
$1,764,851
9
Total 1901
Total 1900
Total 1899
Columbia
Plaza
Riverside
State
1
1,807,0
1,922,0
1,811.3
945,0
2,811,2
299,0
7,462,2
2,388,3
474,1
900,6
49,2
211,0
176,8
174,8
340,3
2,140,0
7,147,5
366.6
1,627,5
505,8
971,9
612,3
1,335,0
6,099,8
509,6
183,6
277,8
885,2
246,5
1,975,1
291,6
1,359,(1
3,977.0
199,7
3,247,0
1,389,0
977,0
227,4
3,464,1
360,4
340,0
372,4
261,4
2,160,8
249,8
701,1'
525,0
2,158,8
279,8
131,6
522,8
349,0
2,359,0
2.890,"
863,0
525.0
352,9
470,6
261,7
75,3
Varlck
JeCerHon
..........
Century
Nat. Commercial..
19.017,0
28,992,0
16,332,5
15,821,0
23,620,0
4,970,0
138,162,4
24,868,3
6,291,2
7,442,8
1,146,7
2,888,0
938 3
3,689,3
4,247,3
24,762,0
69,312,2
5,178,2
14,985,6
25-1
35-7
257
245
256
300
287
30-1
25'6
25-7
27-2
210
31*7
261
176
283
262
24 8
283
3,273,1 20 8
6,194,0 26-2
2,796,4 28 3
12,715,1 24-8
65,887,6
4,869,0
3,356,4
3,279,0
6,438,0
4,250.0
27,740,0
2,030,0
22,841,0
84,891,0
1,481,8
24,884,0
13,758,0
11,036,0
2,434,0
74,413,9
4,075,0
3,173.0
4,530,2
3,252,1
49,687,0
10,702,0
3,121,3
4,630.4
14,327,6
8,737,5
2,278,6
7,737,8
3,032,0
16,081,0
45,131.0
4,602,0
7,165,3
4,358,1
7.967,0
4,280,0
2,262,6
27 9
264
236
24'2
279
258
23
22 2
27-3
150,0
100,0
Brooklyn
300,0
100,0
Eighth Ward
fifth Avenue
100,0
Kings County
150,0
Manutaot'rs' Nat'l. 252,0
500,0
Mechanics
Mech'B'
Traders' 100,0
100,0
Merchants'
Nassau National.. 300,0
National City
300,0
100,0
North Side
100,0
Peop'es
Seventeenth Ward 100,0
Sprague National.. 200,0
Twenty-slxth W'd. 100,0
100,0
Union
100,0
Wallabout
&
Borough of
Richmond.
Bank of Staten Isl
\stNat.,Staten
22-9
26-3
26-2
25'2
26-3
23-8
Isl
2d Nat., Jer. City.
3d Nat., Jer. City..
Hoboken.
Hoboken.
1st Nat.,
2d Nat.,
f
8,6
39,6
63,6
94.
77,3
112.4
165,8
157,0
69.0
116,0
161.3
97.8
228,t>
111.6
37,4
i2,3
74,9
203,8
1820.0
198,0
190.6
189.6
128,3
129,0
274.1
8,0
25,0
'6.6
218,6
318.8
101.0
60.0
100,0
118.2
84,3
288,1
79,5
66,6
20.0
55,0
62,1
11.8
168 3
78,0
4,1
1*05,3
1245.5
1689.8
2799,8
1473 9
1815 8
1 803,0
1088,5
38^1,0
1 2^,0
1246 8
2726.3
1478,6
670.3
338,9
1
lo'i.'o
26,0
14 8
85.1
128,2
36.1
22,1
b'i.h
20,5
2818
1328 8
0.4
8.6
8692
10,2
882,8
72,8
320.8
1262,1
15,4
1636,2
14.7
1098,4
66,6
368.4
13,0
37,4
82.4
711,0
70,6
722,3
36,9
84,4
428,2 2698,3 326,7
355,1 3871,1 166.7
15.8
980,0
185,9
669,6
3,9
20,7
815,0 3530,0 175,0
564,3 2858.0 122,0
738,7
9,7
142,0
920.1
30.2
132,7
637.1
7,9
72,8
237,5 1045,9 108,8
486.0
14,8
55,8
681,5
26,1
64,4
33,t
769,2
56,6
117,8
179,9
153,8
35,0
100,0
60,9
89,2
111,2
320.6
185,5
46.7
73,7
81.4
324,1
338,6
70.8
67,7
628.0
95,2
119,1
85,7
26,9
28,7
27,6
146.9
182,5
63,2
39,8
125.5
1388,6
294,0
232,0
45,6
39,2
33,3
405
48,6
48,8
65,8
372.0
69,0
68,9
60,3
10,0
20,4
52,2
28,0
685,3
731,6
17634
'V6.7
1\5
13.
1108,2
366.3
667,9
7522
45,9
28,
46,6
43,0
95,0
214,0
78,e
14,7
25,
8.1
75,0
34,2
93,8
86.9
831.1
54,t
55,0
5,0
6f0.4
731,3
39.1
f43,5
167,4
111,0
242,2
101,6
3074.3
4384.3
943.8
8.6,4
3860,0
3205,0
838,7
945 9
462,5
1118.0
638,5
741,4
773,4
32,fc
911,2 8007,4 287,2
62,3
595,6 2066,6
63,2
250,0 317,2 1270,3
926,0
36,*
200,0 241,6
110,0 473,6 2046,1 106,4
853,7
26,6
125,0 110,8
43,2
115.4
6164,7
1688,9
1003,8
1008,5
ld3 ?,4
717,1
Totals Ang. 17. 8262,0 8959,7 69924,6 3008,8 3942,1 8053,3 2542,0 76366,8
Totals Ang. 10. 8262,0 8959,7 89879,1 3070,0 4221,1 8356,8 2304.7 76821,0
Totals Aug. 3 8262,0 9017,1170366,5 3095,3 3916,3 7873,612097,9 76115,5
New York City, Boston & Philadelphia Banks.— Below
we furnish a summary of the weekly returns of the Clearing
House Banks of New York City, Boston and Philadelphia.
The New York figures do not include results fcr the nonmemter banks.
Banks.
Capital A
Surplus.
Loans.
Specie.
N. Y.»
$
$
$
July 27.. 180,060,8 887,653,411789212
Ang. 3.. 180.688.3 878,506,9 1805457
"
10.. 180.588,3 886,465,6 1830955
"
17.. 177,784,4 884,810,31817111
Bos.'
Ang. 3.
"
"
10..
17..
Legals.
Deposits.i
$
Circ'l'n. Clearings
$
$
$
79.942.0 942,938,5 30,637,5 12518201
80,597,795».912.2 30,572,8 11831553
79,202,7 965,381,0 30.553.2111490084
77.868.1 964.629.V: 29.039.OHO386059
57,632,9 192,061.014,226.0
57.632,9 193,868,0 13,923,0
57,632,9 191,705,014,099,0
6,100.0135,634.3
5,962.0 130.08C.3
8,057,0 117,04*,4
8,144.0 214.238,0
7,938.0 213.913.(
8,018,0 201,972,0
Phlla.*
Aug. 3..
" 10..
50,913,0
198,934,0 9,828,0 87,883,8
38,715,3 172,226,0
197,873,0 9,820,0 79,206,1
38,715,3 172,179,0
51,081,0
197,678,0 9,806,0 102,735,6
52,069,0
38,715,3 169,324,0
• We omit two ciphers in all these figures.
t Including for Boston and Philadelphia the Item "due to other banks."
"
17..
Auction Sales.— Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction.
By Messrs. Adrian H. Muller
Son.
&
Stocks.
20 Nat. Shoe & Leather Bk.110
100 People's Bank & Trust
Co., Passaic, N. J.
131
10 Hanover National B'k-.efS^
2 Central Trust Co
...19501*
10 Lawyers' Surety Co
100
10 North Amer. Trust Co... 250^
Sloe
Spencer
27
&
29
s.
Council Bluffs City
$10,0
Wat.W. Co. lst6s,'06,A&O. 61
Hfiuatictal.
Trask &
BANKERS,
PINE STREET,
i
315
100 Chatham Nat. Bans
Bonds.
$580 Atl. Mut. Ins. Co. scrip,
104*4
1899-1901
Ranking and
....
Co.,
NEW TORK
Transact a general banking business; act as Fiscal
Agents for corporations, and negotiate security
issues of railroads and other companies. Execute
commission orders and deal in
INVESTMENT SECURITIES-
Members N. Y Stock Exchange.
Branch
Moffat
247
Office, 67 State St..
Albany
Alexander M. White Jb
Geobge Barclay Moffat.
20-0
26'8
&
White,
BANKERS,
273
81,722,7 96,081,7 884,810,3 1817111 77,868,1 964,629,2 26-8
72,9
21,7
100,3
57,1
151,1
136,8
I
t
t
139,8
10H.0
Other Cities.
22 5
229
260
270
I
45,7
1641, f
2899,0 122.0
112P.2
63,8
62,8
128' ,0
1219.6
8,0
904
1443.0
2187.7 126,8
26,6
1428,6
21,2
1388,7
2340,0 132,0
1008,8
6,7
3622,0 329.0
28,8
1295,0
48,1
1036,0
2370,2
48,0
63,3
1521,0
9,4
677,7
9,9
436,1
847,8
10.5
4,i>
651,1
166,3
5,7
689,7
35,7
1st Nat., Jer. City. 400,0
Hud. Co. Nat., J.O.j 250,0
24-6
26'6
29-5
20 6
138,8
209,3
123,0
100,0 213,8
100,0 125,1
100.0 273,5
32,2
200,0
100,0
74,9
200,0 363,6
100,0 209,1
28,4
100,0
200,0
94,6
100,0
53,6
51,9
200,0
63,9
100,0
18,0
300,0
Broadway
236
236
274
273
24-6
26-8
200,t
200,<
Bedford
305
256
288
260
100,0
300,0
100,0
100,0
200,0
200,0
250,0
Boro'h 0} Brooklyn.
strvs
P.C
Deposit. will.
Net
A/J'k. OUar'g Other I'eposiU
tfoUs Agent. BksAc
Leo. 7.
Specit
I
Colonial
Nineteenth Ward..
Since J an.
Week.
1
Itsvsst-
Borough of
Manhattan,
Fidelity
Gold.
Loans A
musts.
17
!n
Surplus.
NSW YOBS ClTT.
of
Imports.
Exports.
°zt
(00i omitted.)
S7.460.313
278,764,591
$6,857,737
334,628,643
#9,452.826
322,659,815
Keports of Non Member Banks.— The following is the
statement of condition of the non-member banks for the
week ending Aug. 17, based on averages of the daily result.
We omit two ciphers (00 ) in ail canes
1898.
1899.
1900.
1901.
[Vol. LXXill.
...
Members New York Stook Exchange,
No. 1
NASSAU STREET,
NEW YORK
INVESTMENT SECURITIES.
August
THE CHRONICLE.
24, 1901.]
[Jilted States Bonds,— -s.-iii-> of Government bonds at the
[mited to $25,000 '-, reg., 1935, at 137,
,<x>
i" lOti ,. The following axe the daily ol
oup.i a1 lOfi
for ytntiy r >ng> tee ti, ira page following
itig quotations
<5a«ttc.
JSauttjers'
375
i
!
UIV1DKN
US.
•
:
Aug.
Books Close,!
(Days J net a.
Per
W7l«»
Cent Payable
Ifame of Company.
I
2s,
8a,
registered q-Jan 107»4
1930
coupon q J.... •107
1980
1930 tuna Lreglstered
ooupon
1930 .small
1(18 '4
reglai
1918
An.
1918
:in,
1918, small, registered
3m
I'.iih,
•j«
ICmiIi oiiil-.
(SlI'illllK
A Qulnoy(quar.)
West Virginia Central d Pltla
chic. Burlington
Sir«-ci
^liHCrlliineoiiH.
Chicago Telephone (qoar.)
Colorado Fuel A rron, oom. (qnar.)
ConsoL lias cif x. n \ ork (qnar.)
\
pref. (quar.)
Fay
>v Power, (qnar.)
Kings Co
—
Sep
tin
3
l\ Oct
Sep
2
l
1
M
'i
A.ug
U.
Sep
:
1
1^
)
Oct
1
Tube, nref. (qiiar
Pittsburg Brewing, com (quar.)
pref (quar.)
do
to
Safety Oar Beat & Light (qnar.)
(extra)
do
do
o
(extra)
do
do
do
United States lass, pref.
Va Carolina Chem., com. (quar.)
Ami-
1
(
:
'|
2
8
lostk
.
(
Auk
9>a
-1
i
1
to
Oct
loot
Sep
81 Solders of rec
:i
.\u- 28
to
9 Sep 27
Bep
8
to
LO
Ill
A.
20 An8
Aug
1
2
to
to
to
to
to
to
to
to
to
i
1
Sep 2
20 Aug 11
20 Aug 11
9ep 22
l
1
1
1
2
St
Aug 26
16
Bi p
Aug 20
Sep 80
l
Sep
a
i
1
Aug 24
Aug
to
31
STREET. ERIDAY. AU«J. VJ3. 1001.-5 P. M.
The Money Market and Financial Situation.— The se-
em ity
markets are slowly but steadily recovering from
the depression oaused by damaged crops in the Southwest
and the steel workers* strike. As to the latter, there are
renewed evidences this week that it is becoming a "lost
cause." More of the closed plants have been put in operation and there are rumors that the Joliet men, whose action
a week ago caused some apprehension, will soon return to
their work.
The volume of Stock Exchange business is small, relatively smaller than usual at this season, but new and more
favorable developments are superseding the gloomy out look of
a month ago, and sentiment in Wall Street to-day is decidedThis sentiment is contributed to by favorable
ly hopeful.
railway traffic reports, by the certainty of an enormous
wheat crop with an active for-ign demand for it, and by the
easy condition of the foreign exchange and money markets.
In a few cases special causes have resulted in higher prices,
the most notable of which is that of the anthracite coal
stocks a practical illustration of the advantage of "harmony of interests."
—
As noted above, the money market is easy under an
abundant supply of funds, and rates, especially for demand
loans, continue low.
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from 2 to 8 per cent. To-day's rates on call were 2J4 to 3 per
cent. Prime commercial paper quoted at 4V£ to 5 per cent.
Tne Bank of England weekly statement on Thursday
showed an increase in bullion of £1,350,655 and the percentage of reserve to liabilities was 51*97, against 50 93 last
week; the discount rate remains unchanged at 3 per cent.
The Bank of France shows a decrease of 1,675,000 francs
in gold and an increase of 1,850,000 francs in silver.
The New York City Clearing- House banks in their statement of Aug. 17 showed a decrease in the rpserve held of
$2,719,000, and a surplus over the required reserve of
$18,4 '1,900, against $2(',952.950 the previous week.
-
Differences
from
previous week
1899
Aug. 19
1900
Aug. 18
$
Loans & discounts
Circulation
Net deposits
Bpeole
Legal tenders
81,722.700
96,061 700
884.810,300
29,039,000
964,629,200
181.711,100
77,868,100
Reserve held..
Legal reserve.
250 579,200 Deo
241,157,300 Deo
18.421.900lDeo
Surplus
Surplus reserve
NOTE.— Returns
of separate
coupon
rogini. red
coupon
y — Feb
y-Feb
y— Feb
y — Jan
coupon d
l
coupou
Is
•108
•118
-Feb
y— Feb
y-Keb
$
58,922,700
77.382,600
747,733.900
74,222,700
91,035,000
Deo 1.645,300
Deo 1,614 200
DdC
751,800
D-o 1 384,400
Deo 1,334,600
814 88.J.600
28,083,600
894 317,800
168 922.900
75,213,600
13,9711.800
851. 2111. OilO
2,719,000
187,950
244 136,500
223 579,450
227.882,600
212.800,250
2,531,050
20 557.050
15,082.850
173.616 200
64,266,400
banks appear on page 374.
Foreign Exchange.— The foreign exchange market has
been easy on a somewhat more plentiful supply of commerOfferings of cotton bills are slowly increasing,
of rates is downward.
To-day's actual rates of exchange were as follows: Bankers' sixty days' sterling, 4 84%@4 84%; demand, 4 86%@4 87;
cables, 4 87^@4 87)2: prime commercial, sixty days, 4 84@
4 8434; documentary commercial, sixty days, 4 83^(34 8
grain for payment, 4 8434*4 84*£; cotton for payment,
4 83J^@4 83%; cotton for acceptance. 4 84@4 84 14.
Posted rates of leading bankers follow:
cial bills.
and the tendency
August 23
Sixty Days
Demand
107»4 -111?'.
107»4 107 4 -lo7
:,
108
'4
1(1
'4
Hi
\
108
St
,
-lo7H
I08 l4
108'4 -1II.-4 -1(JM'4
10-',,
"
tog"
>i08"
137
•137
•lir,
107-4
107*4
113
113
y —Jan '113
regiM
reglateret
108'.,
',
113
113
113
113
137
137
137
137
137
107 '< 'X07«W
107 s4 HIT \
-113
-113
137
137
-ll.',
'113
-137
-137
-\0T4 -107\
107'4 1U7 34
107"> 4
tbe price bid at the morning board; no sale
Coins. — Current quotations
so\ erelgns
180
$4 86
86 a 8 98
4 75 a 4 80
X X Kelcliiuarks
83
4 78 a
25 Pesetas
Spanish Doubloons... 15 50 310 60
Mexican Doubloons.. 15 50 a 16 60
par a
prem.
Fine gold bars
3
i
WALL
Capital
Hiuall
Napoleons
Payable after September 1.
1901
Aug. 17
COlipoIl
Ik, 1H07
4m, 1',mi7
4m, 1925
4m, 1925
5m, 1 904
5s, 1904
•This
Otf
Ool
I
Sep
V
2m,
2s,
liolilel s of lee
Railways.
ional
25 Sep 21
a
Philadelphia Co., Pittabnrg (pref.)
So. oiiio Traction. Cincinnati muar.)..
1
Sep
l'-j
Aug.
Period*
'.j
in j^oltl for
Fine silver
Fne
coins and bullion:
liars
Mexican
59 3*
,
franca
—40
dollars
-41
Peruvian sola
English silver
United States
l
tradt
dollars
88
—02 S — 70
State and Railroad Hon (Is.— Sales of State bonds at the
Board are limited to $3,000 Louisiana con. 4s at 106''.-, and
$7,000 Alabama currency funding Is at 109.
The market for railway bonds was exceptionally dull early
in the week, but has improved in tlia* particular.
Transactions which were only about $630,000, par value,
on Monday increased to $2,200,000 on Wednesday, the tone
of the market was stronger, and has so continued, with larger
sales to day.
Peoria & Eastern incoim 4s were conspicuous for an advance of 6 points on limited transactions. Wabash debenture Bs were in request and advanced about 3 points.
Changes in
Mexican Central issues were also strong.
quotations were generally limited to fractions and in most
cases were to a higher level. The active list includes, in
addition to the issues mentioned, Atchison, Baltimore &
Ohio, Burlington & Quincy, Erie and Union Pacific bonds.
Stock and Bond Sales.— The daily and weekly record of
stock and bond sales at the various stock Exchanges, formerly given on this page, has been transferred to a place by
itself.
It will be found to-day on page 882.
Railroad and Miscellaneous Stocks.— The stock market
has been dull and generally firm throughout the week.
Total transactions were less than 275,000 shares on Monday
and averaged less than 400,000 per day. Further progress
in the direction of higher prices has been made in several
cases, including Baltimore & Ohio. St. Paul, Great Northern, Missouri Pacific, Norfolk & Western. Southern Railway, and practically all the anthracite coal carriers, the
latter on the present favorable condition of the coil trade.
A demand for Baltimore & Ohio has developed within a
few days, resulting in an advance from 97J£ to lOo^o* near
which it closes. Great Northern preferred moved up 5^£
points on limited transactions.
Of the miscellaneous list the copper stocks advanced
rather sharply on rumors of a grand consolidation scheme
in progress.
New York Air Brake was an erratic feature,
fluctuating over a range of 8 points.
Th^ United States
Steel issues were weak on Saturday and Monday owing
to the possibility of an extension of the strike, but advanced later when more closed mills were opened.
—
Although only fairly active this week,
Outside Market
the outside market has shown a strouger tone and a frac
tionally higher level of prices. In a few instances notable
advances have occurred. U. S. Reduction & Refining stocks
record large net gains. The common, which closed at 33 a
week ago, moved up to 39 on Saturday, receded to 37 ] 4 on
Monday afternoon, and then advance! to l'3'.f. at which it
sold to day. The preferred stock clo-ed last Friday at 44,
and thereafter advanced each day. closing to-day at 60.
Dominion securities rose from OS to 70 -4. the latter the
closing price. Electric Boat stocks, influenced by the lunching of a boat built for the Government an 1 the prospect of an early completion of several others, advanced from
17 4 to 21J^ for the common and from 45 to 51 for the preferred; closing quotations are for common 20 bid. 2:2 asked,
and foi preferred 493^ bid, 50 asked. Another issue which
has had a sharp advance is the Safety Car Heating Co.
stock. On the announcement of a stock dividend of 10
and a ca-di dividend, payable
-t. 16, of 3 p. c. in addition
to the regular quarterly dividend of 2 p. c. recently declared,
the price moved up from 147 to 160, dropping back to-day
to 158 and 158%.
American Can Btocka have been strong
forprebut dull at 2;If.':i,. for common and 7J ,;'TDealings here in Seaferred, closing at the higher prices.
board Air Line securities have not been animated, but
for
prices have risen from 27^ to 2d and from 4common and preferred, respectively. A few of the bonds
Consolidated
sold at 83 for the 4s and 101', f..r the 5s.
as against «S 2
Tobacco 4s have lost a point, closing at 07
last Friday.
Fort Scott & Memphis preferred sold up from
'.
74 H to77i.2 while the bonds were quiet at 86(387^, closing
American Elevated ll\i. was occaat 87 bid, 87^ asked.
The outside quotations will
sionally dealt in at 21^ 'be found on page 482.
1
]
1
;
Prime bankers' sterling bills on London.
4 85 Hi
Prime commercial
4 84
@4 84>4
Documentary commercial
483Hj @484 la
Parts bankers' (Francs)
Amsterdam
(guilders) bankers
Frankfort or Bremen (reichm'ks) bankers
•
Less
x
6
19V ®5 19
® 39 >ia
@ 94 lr'i8
'»
39 78
94 7b
lr
,
4 88
5 18',-
40',
95 1*
05
®
@
1
40 8
95 B i8
:l
i
i6.
The following were the rates of domestic exchange on
New York at the under-mentioned cities to-day: Savannah,
buying 1-16 discount, selling 75c. premium; Charleston,
buying par, selling 1-10 premium; New Orleans, bank, $1 00
premium; commercial, $1 25 discount; Chicago, 40c. discount;
St. Louis, par; San Francisco, 7^c. per $100 premium.
I
.
l
:
1
v
,
New York
Stock Exchange— Stock Record, Daily, Weekly and Yearly
l'\ ing TWO
PAGES
<l(
Monday
Any.
•21 » 4
22
•63
'J
a.
\Vi
il
'Jinn
n
20
Avij.
25
1J
Uff.
T
i'7
*2]
'i
•21*
25*
•21* 25
',
73*
75
L*
7
*87
•90
90
*
160
'.»
77 'j
82*
•46*
S..
]
.i
10*
1
190
19 \
•18
•38
SO
1
L66
39*
391
.
*77
18
-
"55" 188
*
129
188
s*
89*
92
'82*
*46*
25
18
88
90
116
*69*
13* 18*
68*
32* 22',
69
09
85
4
•88
1
JIMS
195
142
*125
*175
142
*126
140
•171* L86 2180
185
19
L8* 18*
L8q
*;;s
38
MM
»30
•66
143*
112
*125
5
1
95
37* 38*
05 * 66*
ei
£4
88
51
61
54
88
»53
*88
51
90
181
lai
181
182
69
69
39
*35
11
10* in*
18* 18*
60
52
00
*18* 20
39*
38
00* 66*
00'
51*
*53
88
09
09
39
11
51* 52
>a
54
•88
90
54
90
51
,
31
19
•38* 41
*7
8
•30
35
•62
64
•123 128
31
31
20
*7
8
*7
•30
*01
•122
35
64
128
60
19
1
'30* 32
31
20
20
20
12*144
125
180
111
116
*
-
•36
68
68
68
14*
55*
24* 25*
55
170
231
43* 45
69
5231
1
8
•30
03
120
35
64
128
8
35
4
Illinois
5 p.
4p.c. pnf. "J.
<fe Louis v.
Do prcf
chio. Rocklsl'dcfc
Chic. St. P. Minn.
Do pref
69
69
39
100 207
& Om
Do pref
Cleve. Lorain
Do pref
Colorado
&
<fc
Wheel'g
1
54*
92
Do lstpf. vot. tr. els.
Do 2d pf. vot. tr. ctf s.
Delaware & Hudson..
elaw. Lack.
Denver
186*
56* Evansv.
55
•88
186
Do
92
& Terre Haute..
pref
Ft. Worth&Den. C., strap.
186* Great Northern, pref
Green B. & W., deb. ctf. A
Do
deb.
ctf.
B
52* 52* 62 * 53 Hocking Valley.........
•75* 76
76
76*
Do pref
144*145* 145*146 illinois Central
439* 39* 40* 40* owa Central
*74
75
74* 75
Do pref
-30* 32
31* 32* Kanawha <fc Michigan.,
ansas City So. vot.
*7
•30
8
35
tr..
Do
*7
•30
63
•124
03
*62
64
8
35
*91
pref. vot. tr. ctfs.
Do
pref
Do
pref
Keokuk & Des Moines...
93
-91
93
93
1
93
25*
25
11
11
*91
25
*105
108
•24 4 26
•71
75
•26
27
•53
54*
100 i-.lOl*
194 al96
153 is 164
93
25*
10* 11*
25
•71
25
75
101*
*
•38 ia 40
109 112
•79
81
•138
•214
69
78
112
79*
5107* 1U
I
'4
25* 25*
11* 11*
*105
i.j'\ 25* Mexican Central
11* 12 Mexican Nat'l tr. receipts
25* 25*
11* 12*
•105
105
107* 107* 107* 107*
114
108
108
116
.Michigan Central
Minneapolis & St. Louis.
116
Do pref
26* 26* Minn. S. P. & S. S. Marie.
75
Do pref
27* 27* 2 7* 27* 27* Mo. Kansas &> Texas
26* 27* 2 7
55
56
56
57
54* 55* 64* 55
Do pref
101* 102* 102* 102* 102* 101* 104*106* Missouri Pacific
85
85
85
85 Mob.<fcO.,J.P.M&Co.rects
84* 84*
Morris & Essex
53 *! 154* 154*154* 153* 154
154*154*
Central & Hudson.
-39
40
39* 39* 39* 40* NY. Chic. & St. Louis..
39* 40
Y.
'1 10
109 112
-109 112
109 112
112
Do lstpref
-78
79* 80
81
80
SO*
79* 79*
Do 2d pref
*72
25
75
26
73
8
117
26
73
117
26
*73
117
26
75
•73
New York & Harlem
N. Y. Lack. & Western...
140
•64
*90
•65
153*
3D* 89*
153
'lllJ
•91
93
25* 25*
11* 11*
*105
103
26* 26*
54* 54*
100
•91
214 216* 214*216* N. Y. N. Haven & Hartf
216* 214 216 214 210'-. 5210 210
33* 33* 33* 34
33* 34* 33* 34* 34* 34* 34* 35* X. Y. Ontario & Western.
55 8 56*
541-j
56
57
56* 57 Norfolk & Western
64
68* 56* 55* 57*
•89
891-2
88
90
•89
90
'JO
90
89* 90
Do adjustment, pref.
97
I
96
70
144*145*
•22
28
•70
•65
*9o
•65
70
95
70
143* 145
*22
20
*94
•34
97
•64
-90
*65
97
69
100
70
97
70
96
70
144*145* 145*146
26
Northern Pacific
597* 97*
•00
-90
96
*69
70
Do
*06
68
70
96
•91
67* 67*
146*146
28* 28*
146
14"
29
75
78
70* 70*
81
•102
'.
64
102*
41* 42
77* 77*
52*
62
•22
"70
*80
25
75
81
}ibi*ioi*
41* 42
42* 43
77* 77 * 78
78*
52
52* 52* 53*
'
28
75
81
......
•28
75
81
Do 2d pref
Pennsylvania
Peoria A Eastern
Pere Marquette
Do
pref
Pittsb. Cin. Chic.
42* 43*
78* 79
53
54
42* 43*
78* 79*
53* 54
43* 43*
77*
54* 55
By
pref
Pacific Coast Co
Do lstpref
81
,..
&
St. L.
Do
pref
Reading, vot'g
i'77*
100
14,000
So., vot. trust
19* 19 M
Do prcf
39* 40* Erie
68* 69*
Do 1st pref
53* 54*
Do 2d pref
63
Jliijheit
1
May
l*May
107
tr. ctfs..
tr. ctfs..
pref. vot'g tr. ctfs...
1st pref. vot.
2d
Rio Grande Western
Do pref
7
7
21
6* Jan
3,8011 40
Jan31
4.150 16* Jan 4
D( O
Dee
ran 125
92
8i* Sep
Jan
J'ne2S 115
:
99* Feb
61* Deo'
150* Iico
42* Leo
42 Leo
78* Dec
1
Deo
1
1
Mar
Aug
109
125
Deo
94* Deo
68*Aut' 82 Deo
Deo
30
Jan 29 Apr
4
1
Deo
46* Jan
26*Apr29
9*
94* Marl
90*J'ne21
66 Marll
40* J -ne 75* Apr 2
Mav 6
2 1S
Apr
Apr
88*
-Ian
62* Ma;
24 J 'm
60*Apr30 81 Oct
82* Apr 30 68* N01
L99*Apr30 11 9* J an
135* Apr 29 8S Jan
136 Apr 18 119*
Mar
90
Jan
:
17* Sep
J'in2o
J'ne24
May
May
CO
in o
i
72*
55
J'ne
88*Apr22
95
25
1
7* May 7
78* Apr 19
J'ly27
May 10
27* Jan
67 Ang
ne
Pep
16
"
11
7,048 116* Jan
75 125 Mar L
2 180 Mar29
2,885 10* Jan 19
3.260 33 Jan 21
2,800 73 Mav 9
115* Jaril2
1
63* Lake Erie & Western...
120
129
125
127* 127*
Do pref
'251* 2 75 •251* 2 75 *251* 2 75 -251* 275 -251*275 L. Shore & Mich. South'n
•261*275
•76
"75
"76
•75
78
78
78 Long Island
-75
80
78
78
104 104* Louisville & Nashville...
102*102* 102* 103* 103* lot' 103* 104* 103* 104
117* 1 8* 118 118* 118 118* 118* 120* Manhattan Elevated...
116*117* 117 117
168 109*
105* 166* 166* 168* 100* 107* 160* 168
106
c-tropolitan Street
160
•36
36* *36
36* Met. West Side El. (Chic.)
36*. *36
36* •36
36* *36
36* *30
•91
90
100 75
42
"A"
prcf.
c.
1
1
5 * Jan
15*
29 .Mny
27 May
10
debentures
p. c.
Mar
May
400 72* Jan
138* Jan
MOO 91 Jan
120* Jan
8i850 16 Jan
Do pref
Chicago Great Western.
Do
Do
Do
Mny 9
.Mail 9
1
1
Quincy.
<%
11
20.801
& West'n.
& Rio Grande...
92* 93*
Do pref
69 Denver & Southwestern
69
Do pref
38* 38* Des Moines & Ft. Dodge.
11
11 Duluth So. Shore & Atl..
10* 10*
19* 19*
38* 39*
60* 6 %
52
54
•88
117
-.JO
•39* 42*
-7
j. 51
rsey...
ifl
182*185* 185
181*183
10,335
"171*186
19
19* 20* Chicago Term'l Transfer.
38* 38* 41
Do pref
90
90<5 Cleve. Cin. Chic. & St. L
90* 90*
116
9* 9*
631-.
54
53
53* •53
75* 75 'e
75* 75* •74
76
144*1 15* 145 145*
144* 144 s 144 144
•38
40
39* 30
40
39* 39* 39*
73* 74*
75
74* 74* 74* 74* 75
62*
75*
52
•75
NewJi
9
4
Apr22
Apr 22
..
Jan 3
13J340 23 Jan 21
73*
2,100 58* .Ian 21
107* Chicago Milw. & St. Paul 116,045 134 May 9
L89*
800 175 May
200
Do pref
695 168* Jan 2 216
L99* Chicago & North Western
5125
14*
55*
23* 24*
13* 3*
•53* 54
23
23*
*33
*lo* 107,
18* 18=
00
of
.M:.y
chic. Indianap.
Do pref
220*229*
to
1
1
*
73
166
7:;
142*
143*
*114
•80
*00
•66
08
13* 14
13*
64
54* 54*
'115
"69
1
69
51*
mi
21
97
40U 77
200 116
Southern
aii:iiia
'-'lit
Jan
J;im
iflc
Chicago* Eaefn
•46* 48*
* 196* 195
140
99* 90*
116
82
85
66*
190
195
'186
195
18*
87*
90*
129
133
22* 23
90
590
•46* 48*
72*
72* 73
106* 166*
O'J
:;8> v
*
'4
1,900
7
89
»82
1
Mil
133
'-.
37*
65*
prcf
( (anadlan Pa<
1
30
70
1
ctfs
ransit.
•125
•128
22 * 22*
•90* 92
22*
22
•90
•90* 92
1
23* 28*
161 161* 161 101
162 1 03 * 168*166* 106 169
22 5 227
227 231
222
227 »224 230
•41
43
•12* •41
42* 42*
•41* 42 S •41
43
•91
•91
92
92*
892* 92*
91* 91*
91* 92
:::
1
42
128,221
47* Chesapeake & Ohio
40 Chicago* Alton
Do prcf
77* 78
4
77*
1
Bait A Ohio, vot. ti
Do pref. vol. Ir.
111*
70*
162*
162
189* 89
171* 185
90
111
•80
*66
•IS* 14
•53* 53*
•22* 23*
162
*
39
73
189* ill
38* *30
89
11
1
.
1
Do
•123
111*
1
Santa
Brooklyn Bapldl
90* Buffalo Koch. <fc Pitteb'g
91
128*
•46*
'
196
'190
125
'11
.•173
93
82
189
193*194*
140
128*
3 7-4
70* 70
162*163* 161*
190
IIP,
.
78
94
1
<
A
Chicago Burl.
•91
37 *
91
L23
70*
*
48*
46* 47*
39*
105 «a
9
Jul
98
i"'
74*
91
Mi;i
101
•77
"22" 133
22*
21* 22
•187
160
160
46* 47*
87*
120
37
28
1
69*
40*
37
*
111*112
lln',
70
162
Til
ri.r>7
•90*
12
110'.,
Inn
100
92
75*
*
126
an)
92
92
20
lllll
Atco. Topoka
97
104
Lourst
SU/Jistt
Railroads.
Ann Arbor
pref
70*
73*
94
•90
rVMk
Lowest
66
97
93
I
\
1
'in
the
J3
A
L'l
."/' for Ytar J'i'/i
Banff* /or J-n tout
bail* v] 100-thare lott
Ytar (I'M:J)
ST<;<
Yum;
65
78*
94*
;
I
ami LOWEST BALE PEICE3
8TOCJ<s-ll]<;itE.sr
Ealiirdmi
(
Sep
1
J'ne
81
1
1
aJ'n<
.
Deo
109* Jan ls7* Deo
150*. 'n* 172* Deo
220 Deo
April 196*
a
J
1
175* j'ne 5 102
146 April 110
April 72
201
J 'in
122* Dec
Oct 126
Peh 175
8* Oct 14*
26* Oct 39*
66 J'ne 76
|103*J'ne 118
14* Jan
46 Jan 72
5
Sep
8*
1
Apr 16
57* Aprlo
92* J'ly 19
81
Apr20
Mar
77* Feb
18 Apr29
121
37
Nor
Mar
Deo
Apr
Dec
Deo
Nor
Apr
Deo
47* Mar
20* Mar
56*Apr29
28* Apr 29 14 Sep
Deo
10,830 106 May 9 185* Apr 3 106* Sep
Deo
3,010 188* Jan 3 244 May28 171* Sep
Deo
1,300 29* Jan 21 53*May 6 10* Jan
5,910 80 Jan 21 103*J'nel4
64*J'ne 87 Deo
71 J'ne27
69 J'ly 8
69 jay 29 69 J'ly 29
200 18 Jan 30 45 J'ne 5 12 J'ne 21 Deo
700
5
6* Mar
Jan 9 12*J'ne 5
4 J'ne
400 13* Jan 8 22 J'ne 5 12 J'ly 20 * Nov
Deo
114,475 24!o May 9 45*.J'ne 4 10* Sep
Deo
81,675 59* Jan 21 73*J'ne29 30* Sep
7,800 39* Jan 4 61 Mar21
43* Dec
15
Ben
Mar
2,701) 41
Jan 31 68 Apr 12 38* Oct
Apr
100 81 Jan 4 95 April 74 Oct
17 Jan 18 36 Apr 20 12L>Mar 20 Deo
is.sii 167* May 9 208
Marl 5 144* J'ne 191*Deoi
or,
Jan 2 67* Feb 14 53 * Mar 00 Deo
8* Deo
20
5* Sep
7* Jan 28 ll*Apr22
2,300 40* May 9 57 May 6 30* Jan 42* Deo
1,100 69* Jan 21 80 May 2 58 Jan 74* Deo
5.700 124 May 9 154* J'ne29 110 J'ne 132* Deo
Deo
llTgJan
21 Jan 21 43*J*ne21
1,000 48 Jan 21 87* J'ly 1 39 Sep 58 Mar
400 21 Jan 8 41 J'nelo 10 Jan 25 Deo
400 IS* Jan
7 Sep 17* Apr
25 Apr30
49 Apr30 27 * Sep 43* Apr
35 Jan
Deo
31^ Mav
10* Feb 13
5* Jan
24 Jan 2 36 Apr 4 14i" Oct 23 Deo
300 39* Jan 21 68*Aprl9 20* Mar 52 Deo
225 108 h Jan 21 130 Mar29 83i.! Feb 115 Deo,
1230 April 250 J'ly 18 5197 Jan 5240 Deo
"'2 00
07 Jan 3 82*J'ne22 47 * Jan 89 May
28,110 76 Mav 9 111* J'nel7 68* Sep 89* Deo
24,810 83 May 9 131*Apr22 84 J'ne 116* Deo
7,165 150 May 9 177 J'ue-.M 143* Sep 182 Feh
24* Jan 37* Apr
27 Jan 9 37 J'ne
79* Jan 15 92 J'ne 5 70 Feb 84* Nov
4,100 ] 2* Jan 21 30 May 2 lov, Jan 17* Deo
5 Mar
22,540
2* Sep
8* Jan 24 16 Apr 16
107* Mar 4 107* Mar 4 5104 Jan 115 J'ne
620 67* Jan 19 111* J'ly 19 45 '-J'ne 7l*Deo
200 101* Jan 7 117* Aug 9 87* J'ne 104* Nov
1,400 16 May 9 27*J'ne24 14 Sep 27 Apr
100 49 Apr 9 78 J'ne25 47 Nov 69 Apr
9 Sep 17*Deo.
2,700 15 Jan 21 35*Apr20
6,750 37 May 9 68*Aprl9 25* Sep 47* Deo
35,075 09 Jan 4 124*J'nel4 38* Jan 72* Deo
400 78 May 9 85 Aug22 35 J'ne 49 Deo
5191* Jan 8 197* Apr 9 $1S3* Jan US9*May
7,090 139* Jan 21 170 May 2 125* J'ne 145* Deo
3,900 16 May 9 41* Aug 9 11 J'ne 24* Deo
97 Mar 1 115 Mar22 75 J'ne 110 Deo
1,600 47 Mar 1 82* J'ly 1 29 J'ne 58* Deo
420 Apr 1 420 Apr 1 400 May 420 J'ly
5134* Jan 15 139 Feb 21 $130 Jan 5135 Mar
11 $206* Feb 27 217 J'ne24 {207* Sep ;215* Jan
35.5-5 24 May 9 40* May 1 18* J'ne 32* Deo
94,445 42 Jan 10 57* May 2 22* Jan 45* Deo
400 82 Feb 15 90*J'nel3 67 Jan 83 Deo
Deo
77* Jan 21 700 May 9 45* Sep
240 84* Jan 21 113* May 7 67 Sep 91* Deo
52 Feb 1 73 J'nel9 46 May 02 Nov
89 Feb 25 98 Apr 20 82* Sep 90* Deo
100 63 Jan 8 75 J'nel3 57 Mav 69*Oct
43,612 137 May 9 101^Apr22 124* Sep 149* Deo
5 J'ne 18 Deo
600 14* Jan 22 35 Mar22
100 33* Jan 9 75 J'nel8 20 Jan 35 Deo
72 Jan 2 86 J'nel7 55* Jan 73* Deo
57 Jan 30 80 J'ne 7 49* Sep 80* Jan
40 88 Jan 4 05 May 7 78 J'ne 9 1 Jan
41,920 24* Jan 4 48*J'ne 3 15 Sep 26 Dee
24,350 65 May 9 80* J'nel7 49 Jan 71* Deo,
20,500 38 Jan 3 59* May 1 23* Sep 39* Deo
65 Feb 5 85 Mar23 43* Jan 80 Deo
93 Feb 16 108 J'nel9 80 Jan 95* Deo
BANKS AND TRUST COMPANIES—BROKERS' QUOTATIONS
Ban ha
JTEW YORK
CITY
Eanks
Bid
American ... 510
Amer Exch 260
Ask
530
275
Sid
50
City
660
Colonial If ... 300
Columbia Ti .. 310
Commerce... 375
Commercial 100
Citizens'
Ask
Banks
Bid
14th street^.
1
680
Fourth
1
225
410
Gallatin
Gansevoort!
1
Ask
66
HI
250
130
Bid
Banks
190
200
500
900
300
Market &Ful 250
270
M( chanics'
Mech & Trail 135
M 11 unfile .. 200
Merch Exch. 140
Merchants'.. 1S5
Metropolis !i 050
Mt Morris^!.. 175
Irving
Leather Mfr.
Liberty
Lincoln
Manhattan!!.
Ask
Banks
Mutual"?
Nassau'
Ni w Amster
New York Co
N Y Nat Ex.
270
Bid
Bid
Banks
Ask
185
195
1400
1 500
200
310 340
150
80
90
290
175
Phenix
Plaza"
Prod Exch'
Riverside!
.
..
100
500
150
210
450
650
Seaboard
3S5
Garfield
320
500
Second
600
New York...
270
..
Seventh
300
Corn Exchlf. 11(1
German K\"
19th Ward!!.
Broadway... 300 325
Shoe& Leth.
East Kiver.. 140 150
150
Ninth
Gennania'
500
3Butch sdsDr 115
State"
11 tli Wardfl. 150
North Amer.
280
130
wich 1 175
Central
State of NY' 240
186 200
Fidelity!! --- 225
Orientally
150
"m'i .. L60
Chase.
12th Ward!]. 110
..
700
Fifth Avefl.. 3250
Hanover...
195
Paciiicll
195
t
Chatham ... t315
5 s,)
23d Ward'.. 110
Fifth
325
Park
Hide & L'atl 150
000
Chemical ... 4000 4100 First (new).. 725 800
Union So.':... 300
Imp & Trad. 06O 590
People's*^
200
* Bid and asked prices; no
"! State banks.
sales were made on this day.
8 Less than 100 shares,
a Ex dividend and rights.
i Exrlgats.
t Sale at Stock Exchan ge or at auction this week,
y Stock "cornered"
* Trust Co. certilicates.
salesfor "cash" were made as high as 1000.
Astor
Boweryll
..
.
.
-
1
L
17
)
mo
|
1
|
Ask
115
.!70
August
Stock Record—Concluded— Page 2
24, 1901.]
STOCKS-MIQHSS
Saturday
Au<J. 17
:
.,
Tuextlii V
1154
114%
41
•39%
40
.
i
o«
Si's
62 k
654
30%
,
l
*it
.
20
Auij.
91
•11
123
'19%
21
83 4 38%
07 4
97
96% 97%
Mi',1
4
89% 80
214 -
i's"
'•Hi
00
214
•{38% 39%
<^184 m
a
62%
31 Hi 32 4
1
'1
89
L9% 19%
"614 69
32 4
20
'
-
Mil
20
•78
•70
80
87 "t42
42 4
•121
123
•19% 21
•33 4 31
?
,
180
'•J
*3%
9*8% *99%
904
90
4
'•8% ibo"
904 oov
20
86%
•33 4 344
42
29';
29
84 34
84 3.
82% 33
19741074
32% 31% 82
199
«t>7
00
28
*22
•00 Hi 02>20
20 4
•86
87
•08
•22
*100
102
27
101
•41
I
014
48
864 •85
•*>•'•*
170
20
1
83
*90
198
91
82
'.I
88
91
198
31%
32 4
0i>
08
277,
31",
•20
8154
•41
*41
45
ia
117
*i44
!
204 •19
20^ •19
190
S2J.%228
69
45
H7
tie
•180
221
190
223
•180
Erie.
juif
2<1
Do
43
v. tr. cis.
prof. vot. tr. cll.i
*Ȥ
•J'*
803
•101
22
i
8?
30
205
107
22
77
70 Hi
82% 92%
74
:*33H» 391*
40% 40 4
»^
fag* 97
Irgo
100
102
43 Hi 437
1103 41034
-20 4 21
J'
1*80
yi
—
;
k*
C?8.??
112
4076
4 113
;*40 4 42%
f
•207
*3
223
204
140
14041404 14741474
8
7% 7% *7»4 8
•28
31
28% 28% {28% 284
•32
"31
'31
30
30
36
200 200
263 204 4 •260 263
•54
56
554 663. §50% 50'
§10541051, •101 104 •101 106
22
•21% 23
22
22% 22 s*
773
70
76
70
70
77
92 34 927,
92% 92% 92% 93
•74 8
7% 8
74 8
•36
•34
39
39
39% •34
42
404 404 40% 42
424
83
83
83% 83 4
•85
•91
95
95
924 •85
100 102
100 102
98 102
'13
•12
18
18
12
19
•43
434 434 43% 43% 44%
*102 103
103 1034 Z10241024
•204 21
204 20% •20
21
•90
•90
•90
91
91
91
43
441% 41%
42% 42% •42
•754 77
•754 70 34
754 76
140 141
§144 144 •138 1434
•98 100
99% 99%
•40
4034 41%
41
41
414
112 112% 112 4113% 112 113
140
*03.
*3
•9
«b,'
81
•184
20%
75
28
70
30
208
4
10
21
•0 J4
Gl 34
623.,
10 4
10 4
6
104
81
1934
57^
*:% 43 4
01 Hi 92 4
•50
68
••1-14125
•150 170
i>24 93
;
•207
208
4
4
*9
10
•3
•9
84%
•634
'.11
914
.
31%
-OS
»20
•41
pref
•41
45
•97
97
101
145
s American
•180
225
185
225
Commercial Cable
Consolidated Gas (N.
'87
93
13% 134
80% 81
18 4 20
50
42 4
58
76%
78
32
80
-534
6
35
10% 17
74
•87
74
93
134 13%
81
18
81
18
50
92%
8
27% 27%
284 284
•31
23
23%
•77
78
9234 927,
•7% 8
•35
39
77% 784
92% 92%
*7% 8
•35
430
700
39
"91
98
102
95
102
100
•12
15
15
10
8,540
4,47
2,200
17
74
§89
so
13% 13%
814 81%
•18
"50
68
17%
800
20
68
42% 42%
•88
93
93
13% 13%
82%
18%
4
si
•18
20
§55%
.,:,-.
20
574 57 4
Biscuit.
42%
P8% 93%
X"
59
•120
122
175
934
8
16%
34 4 Dee
7
11
Jan
5
3
Apr 25 39%J'ne24
00
1'eL
AuglS
Apr 16
May 3
103%Aug20
l%Apr22
7
101
22
40
25%J'nel2
•217
Apr
J
2, 5 5 9
"67**
Not
25% J'ne
81% Oct 1114Apr
34 Jan
58
Nor
70% Sep
a
170
Apr
99 May
41% Apr
Apr
8034
2
2
76%J'nel8
17 4 Aug 6 34 Jan 2
55 Apr 8 85 J
24 May 9 55 Apr 30
69 May 9 lOl%AprS0
72 MarSO
51 J
600 lin
Jan 11 416
50 J130
7,600 81 Jan 21L004
I
»0t
J 'in
17 4 Oct
59 4 J'ne
Oct
13% J'ne
10 J'ne
li'l
4% Mar I04 Jr.
49
66% May
11
7 7 \
:
.Mar
734 .I'm
7 '9
Jan
19
J'm
05
4
44
104*4
162
118,895
Do pref
03,971
Virginia-Carolina Chem..
1,000
pref
Not
20
sou
V\7 ells. Fargo & Co
' T est'n Union Tell
204
Mar
10% Mar
274 Feb
s i
49 Ang 70% Feb
7%
1
8
r'nelS
J'ik
% Aug
J'nel7
82
May 80
23 J'ne 404 Nov
79% J'ne 90 Feb
15% Aug 2s%Feb
83 Aug 1004 Feb
324 Oct 40 Nov
69 4 Oct 704 Nov
112 Sep 175 Nov
100 19 Jan IS 42 Apr20
1,970 12 Apr 12 19%J'nel7
1,032 65 April 75 J'in-17
25 553 Jan 26 100 Aprl9
7% May 9 16% May 2
6,420
11,400 69% May 9 82%Aug23
pref
Dec
77% Deo
Jan
Jan 100 Jan
May
6% Jan 18%
5% May31
24
Dec
Dec
65
Mar20 12% May27
16,000
3,707
United States Dubbcr
2934
96
100 1954Jan21
100
4 Aug 10% Jan
28
76
81 Mayl6 93%.T'nel3
50 Max21
160 40 Jan
600 72 4 Jan 3 84 Mar2l
920 133 J'lylo 175 Apr20
4(10 73 4 Feb 14 109
J'nelS
304 May 9 47% Jan 29
2,62
19,600 96% Jan 21 120%J'ne21
955 30 Mar 7 52 Jan
870 72 4 Mar 5 89 Apr 20
[iref
Do
Di:0
Apr
Feb
4
8
"
d States Express...
United Stales Leather
Do
Nov
1"
Apr
Apr
81
Jan 21
8% Jan 2s
2,600 37 Jan 21
sou 92 Jan 2
900 15 Marl4
United States Steel
92% 92% 92 4
•57
58
58
•66
69
1214 •120 125 •120 122
120 122
150 175 •155 175
175
2159 100
93 4
92% 93% 93% 93% 98
93
Ply
95
Texas Pacific Land Trust
174 17% Union Dag & Paper.
73
73
Do pre!
744
Not
J'ly
12% Jan 22
55% Jan 21
_ij
Aug 9
600 764 Aug 9
100 194 Feb 6
Iron
054 Jan 22
6
Standard Hope & Twine..
"ioo 3 4 Mar
04% 07% Tenn. Coal. Iron & EB... 19,50(1 49% Mar 7
•10 4 17
74% •72
Sep
Jan
89 a4 Dec
24% J an 22 43%Aug23
74 Jan 24 85%Aug23
70 Jan 18 95 % J'ly 8
6,975
,
G4%
Apr
Apr
.
9
9
33
-101 103
103
Do pref
204 21 National Lead
20% 21
•90
91
•90
Do pref
91
•42% 43 National Salt
•42% 43
•70
77
Do pref
70
76
142 140% 14034 1403* New York Air Brake...
•97 100
100 100 North American Co., new
40% 41% 414 414 Pacific Mail
eop. Gas-L.& C. (Chic.)
11241124 11241134
42 Pressed Steel Car
42
42
42
•82
•83
85
Do pref
844
2084208% Pullman Company
200 208
•;;
4
4 Quicksilver Mining....
4
•9
•9
10
Do pref
10
21
21% 21% 214 Republic Iron & Steel
G3 4
JTy
010
Manhattan Beach.
44% 44% National
44%
1,800
1,298
Do pref
International Power
International Silver
Do pref
Internat'l Steam Pump..
Do pref
Laclede Gas (St. Louis).
Do prof
42% 43%
84
85%
42% 42%
87
•100
•12
44
103
pref
pref
Gas & Elec. of Dergen
General Electric
"
.
30
1
8,300
4,250
1,000
540
Y.).
30
Co
2G4
5G 34 Glucose Sugar Iiefining..
105
Do prei
234
International Paper
56
105
I
44%
J'ini7
66
5% Feb
"'800
Do
•31
263
50 4
101
30
2594200
56
•101
sou
300
2,300
sContinental Tobacco....
Do
14
8
8 J'ne20
3 J'ne
7% Jan
SO J'lll-25 18% J'ne 31 4 Jan
39% May 9 69 Apr 20 34 4J'm 50 4 Deo
SS Feb 20 104%J'ne20| b5 J'lH 99 Not
26 Marl 9 49%.1'iie 8
73 Aprl
90 J'neli
129 Augl3 153 J'ne 3 954 Mar 149 Deo
130 J'ly 19, 107 Mar 118 J'ly
1174Jan
100 AprlS J87 Sep
Jan
§94 Jan
99 May 9 144 J'ne 8, 84%J'ne 114% in..
150 J'ly 12 128 Ma> 140 Feb
137 Jan
13% Maris 21% Jan 2 214 Dec 22 4 Dec
70 Mar22 *2%J'Iy 1 70 l"e 70 34 Dec
54% Apr 10 37% J 'ne 64% Apr
37 May
175 Jan 18 228 Apr 15 140 Jan 188 Dec
34 Jan 19 14%Marl9
8
6% J'ne 10% Jan
41 34 Jan 21 130 4J'nel7 29% Sep 504Dec
116 Marl9 142%Apr29 117 Oct 13 14 Jan
14 Jan is 25%J'nel7 11% J'ne 2 1 Apr
OS 4 Feb 16 189 May 7 158 J'ne lsa Jan
187 Jan 18 238 Apr 16 tl64 Sep 201 Nov
38% Jan 4 71 4 J'ne 6 214 May 40% Deo
93% Jan 2 124 J'nelO 70 May 95 Nov
140% J'ly22 !49%Aug23
734 A\ig 7 104J'nel8
27 J'ly24 33%J*ne25
30 J'lyl2 101%J'nel9 04 May 81 J'ly
183% Jan 10 2694J'ne24 120 Jan 200 Deo
45 Feb 16 66 Muy 2 44 Maj 00 Nov
93% Mar 6 107 Aug 5 92 Deu 108 Nov
lSi<iMaslO 28 Mar22 14 4 Mai 20% Nov
09 "Jaii21 81 Mar25 58 Mar 75 Nov
54% Jan 2 100%MaySl 24 J'ne 55% Deo
16,090
149 4149% Diamond Match
"7% 8 Distilling Co of America.
148
•7%
6%
634 64%
43% z41% 42%
91% 91% 91% C2%
58
120
150
10
148
Mai
Sep
16
8
1
44I'eb
100
200
10
-
190
225
Jan
1
22%M»y
4,900
•145
150
19
80
•17
•75
4
01
8%Apr23
834Augll 8P
4.110
2,015
1,000
775
10,360
3,140
American Tel'gn & Cable
Tobacco
101
1344134% 134% 186
Lao
5% J an 24 80% J'ly
*
"sod
86%
Do pref
804
1344 1344136% American Sugar Rellning 23,305
122 127
127
1,012
Do pref
184
•120
ll
Jan 2
Jan 19
31 Jan 24
22 4Augl3
370
American Snuff
45
J'llO
Apr 22
36 J'liell
89 J'ly 2 57% J'ne 72
900 24% Mar 9 354J'li<17 30 J'ne 37%
P5 Apr 10 91 4.T.n. "ito 4 109 .Ian 12 §205 Mar26 }142 Mar 191
luy 9 41%>.
3,500
27% J'ne 49 4
I.-II 22
004-I'ue 784
674 Mar 4
American Kxpress
American Ice
81%
31*,
•68
•20
J'Jv2
19
07
5,7.-.",
DO pref
\11nTlcan ("utton Oil
Do prof
4
192
J192
20
prel
20% 21%
"
70
754 70
•754 75%
Do pref
28% 304 Uubber Goods Mfg
29
30
28 4 284
79
78
77
77
Do pref
77 4 77%
•304 32
304 30 4 •3U4 32 S loss-Sheffield St. &
•77
81
...... ...„.
Do pref
21
294
62% 63%
35
73% 73%
404 404
§824 82%
208
•77
36
74
93
414 414
83
207
•3
20%
754 754
28% •28
774 •70
•304
32
82
C24 G3
•15
414 414
844
4
10
784
•304 32
•78
86
i
,
*sl
•207
•70
Do
J'nelO
P 5187% May 13 111
83% Jan 21
3 Augl6
122,985
lilcycle
American Car <£> Fouudrj
67 s 68%
67% 0734 07 4 67 4 07% 67
67% 07%
'11741184 •11041184 •11541184 11841184 118 119
20S
*«4
204 21%
70 4 7oa
2»% 29%
-'.)(»
Americun
4
20
1
29% 30
29",
71
8
May 9
Jan 21
{145 Jan
Adam! Express
malf-'ainiiiiil Copper...
1194
Apr30
9
1
-J
214 Wisconsin Cent.
•175
85
33
190 •180 190 •180
223 4 22342244 224
'734
t>>0
prof.
160
Do pref
17% 174 American Woolen.
70 "
§76
Do pref
4534 404
464 47 e Anaconda Copper
•215 218
214 218 Brooklyn Union Gas
•10% 11% 11
11
runsw. Dock& C.Imp'i
•95 4 97%
97% 98 (Colorado Fuel* Iron...
•123 132
J Do pref
•123 182
20% 20% Col. & Hock. Coal & Iron
184 20% 20
20
»
L:
?»180
29
86% so 4 •854 804 •88
fe
'
Pacifio
lin
]>ref
'ai/aali.
Do
May
4. an
1
WlieelinKifc Duke
Do lBtjiref
18
82%
21
43
r< r
•
00% 60% •00%
•
I
W.v.tr.otto.
pret vnt. tr. otfa
I,, <a>
j
iyl5
J. 111
M»y 8
21,400 23 4.1 an a
J an 9
100 117 May
6011 10% treble 2 5V
1,000
;uy 8
Muy 2 2
3,400 05% J an 21 99% Auk-23
147 i
147% Mai 19
76 Mny 11 33 May 2
81%. Ian 21
May 1
28,770 11 %. In 11 8 20
2334 Jan 4 46%
'IK- 4
210 11% J
1,000 45 Muy 9 60%
Muy i'
1,00(1 24
Mar28
26 J'iii-17
1,600 ] 1 la 3 an 2
300 38 4 J an 17 49% Apr 17
(X. V.)
City Kapid Transit
\
'» D<>
41
20
'j
84% 84%
85
los
•08
•22
2
29
1
i
I
V
23
40%
185
20
'
•32% 83%
'198
•175
.(
•
Avenue
Union
•19
11541104 115% 119
-34 4
•34 4
29% 29%
88
185
175
185
(132 182% 13134 133% 182% 134
1334134%
*122 107 V, •122 125
124 125
125 1274
"
;»8 loi
•904100
•96 101
•964100
130 4 13(J - 1354130
13434 1343.1 1344134 34
"
•140 uo •140 145
145 145
•10 Hi 19
•10
•17
18
184 174 174
*
•70
•75
•75
80
80
80
80
44 J4 46i
46
444 45% 45 4 4534 45
•213 218 •213 219 213 218
215 215
"I"
•10
•10
11
12
10
12
114
-JO Hi 99
•95
9734 97%
98
95
95
[•123 132
•123 132
•123 132
"123 132
'
1004
29
is
8%J'1H-
!
1
69
Do
27%
28
28
American Unseed
02 4 -004 02 4
J)n pref
2 53^
26
26
204 204 204
284 Unerloan Locomotive...
26%
803.,
85
•80
87
85%
86
864
86%
Do pref
04
04
04
6% 04 •6
04 6%
American Malting
„
•2734 284
28
28
28 4 28 H
28
28
28
Do pref
52 4 62%
52% 52
52 4
Aiiii-r. Bmelt'g<& Refln'g.
62%
52% 62%
101
101 101% 10141014 100 4101% 101 101
Do pref
69
014
26%
854
4 6 34
4
# 274 28
J
•27%
662%
61%
-,
I
oi.
ttc
1
42
\
I
lin
42
42
pref.
lllllil
Tot st.
i)o
21
40%
19%
62%
32 4
20%
18
•11
mill in Pacific Co
,1111 in voting tr. ctfs
48%
90% 80H
63%
2, OOll
4
.
4
1
t
)>rrf
Jin
'08%
22
21% 22 x
39% 40-; 40
IS:',
•19
19%
19% 194
• 6 1
r.2
4 624 •62
324 32% •314 32 V. •314
20 4 20 H
204 20%
20%
•90
•ioii"
I
67%
*
20
•
2 9%
t>J%
J
Do
1
43
2M pr<
21
300
f
•
57
8,900
3,500
sola Southwestern.
1
M
121 128
128
20'-.
•20
21
••JO
33 4 88% •33 4 34
98
98 4
984 89
11341154 1154110
'34 4
•34 4
4
au
ISO
»170
lift
*
I
t
Jan
'
11
IWtacclliiiK-oug.
•170
'
Do
80% 80%
82%
42%
'
J
.''I
Adirondack..
.\
.'ui- i
st pi
I
68
I
•121
97 4 98
'.'
-1.
•
Tan 31
(f. 1st v. li
istpretT.tr.otf8
"• "'
•-'! i'i'
8t Law.
88
80%
"a
024 62%
68%
83%
87% 88
42% 4 3 4
29
29
88
*
Do
114',
80
(is
50 4 684
•42
;
J.
St. ])(.
§00',
28
80
0/ lifO-slture lott
I.uwtit
Am.,
118% 118% 113%111'4
11
41 4
41
41%
4J
81%
121
j
1
41
22
Aiuj.
•66%
Bll2% 118%
80'.
414 42%
12
124
Jl»% 20
•32
36
DO
86
(
•2
Sal ft oj
-La
18
•66
12
88
28
•11
68
28
115 4
41
81%
86 4
•121
<
Auij.
•75
OS 4
29
,
86%
Hill lv-
i,
19
•78
80
07 4 07 3|
•28
29
014 81 %
55 4 66%
HO
•
:
sit
12 4
AviJ.
•11
116
LOWSBT SALE FBI
Wtilnt a
Tli in
A.\l)
/'
377
20
Jan
Jan
J'ne
774J
,
m
BANKS AND TRUST COMPANIES— BROKERS' QUOTATIONS
'
:
Banks
Banks
KEW YORK
BROOKLYN
Hid
Ask
Bid
Bunks
Ask
Tiirst Co's
Bid
Ask
|
CITY
Varickli
Bid
250
Washingt'nl 145
'We.,t Siile' .. COO
Western
600
"iorkvillell .. 240
BROOKLYN
Bedford^
Ask
8th Waru'ii
5 tli
BROOKLYN
..
Avenue^
100,
290
130
866" Manufaotrs'. 286
Mechanical] 215
Mech & Tral 270
Merchants'. 100
Nassau
350
300
...... Nat City....
North Sidci; 175
Peoph
195
85
110
......
Kings
Cofl...
300
(
125
"IK'tyB&Tr 525
213
17 th
\Yard',|.
26th WardV 140
140
Union',
105
Wallaboutt
Central Tr'st
City Trust.
100
Continental
Colonial
...
575
t
890
425
Guaranty Tr 070
Kniek'rb'k'r 700
Manhattan
450
Trust Cos.
225
Broadwayl
250
BrooklynU
205
120
* Bid and asked prices; no sales were made on this day.
{ l. ,,
s Trust Co.
1 Sale at Stock Exchange or at auction this week.
1
am
•:so
100 shares.
certificates.
t
Ks rights.
Am.
Trust
725
260
Ask
205
506"
210
Unit
'950
Mercantile
Merchants', 325
Metropolitan 500
t'o"s
Bid
BROOKLYN
Brooklyn Tr
ldTi-'t
of
1
.
N. Y.
Tru>t
North Amer.
410
Farm LoA'lr 1475
Fifth Ave Tr 1000 1100
.
CITY
Atlantic Tr.. 250
Bowl'gQreen 175
Trust Co's BUI Ask'
MoitoiiTrust 1175 1275
1250
UgtOll.
\t
Banks marked with a paragraph
i'J)
are State banks.
New York
ExchaDge— Bond
Stock
OCCl P^
BONDS
ICHANOK
stuck
N. Y.
m
\\
ii
ENDING AUG
k
Aug 33
US"
V
V
U
\i
oob
t(
"
2i consol reg unall .<U93i
B 2s com M.i coup small. <11030 '>
'.MS U
A 191X 'i
8 3s registered
'•
s ::s ooapon
i
L06»4
No Low
ly '01
in;,'
s
s
B
is
is
Is
192
1904
L904
i
B5a
registered
B 5a ooupon
137
187
F
F
<*
i;.
I
<l
01
1
l
1
3
Ij
'-.•
138
1(17
n:<V
1
112*3
•
137
137
137
i:;i;- k
'
May'OJ
hi
i
107%
WilkH B
Ids',
1
110
L09
'(,i
lj
1
1
TJ
/icav
suite Securities
Alabama olasa a t<> 6..
Small
1"
(.,
1900
L906
5e
Is
108
jj
l()7'i
l(i_'-
I
.
.
.
K-A
I
I
i
108
in-/
in:!'
Aug'01
109*2
Cialg Valley
R
<fc
A
Div
109
L09
126
125
100 '2 109
Ki'.i'...
k,-i,-:i:,
105
Fen
J-.I
J-J
Ki
'l
.
in
105
105
J;
A-O
i:;i;^j iy"'(ii
L20 .Mar'Oi
JJ
"ii"
.J- J
96
JJ
i'35'
1
96" "99^
'
\iiii'dl
.1- J
"9T78
96
ill!
I
Aug'01
t
03
>2
96*4
7' 4
1034
J-J
7
'1
Aug'01
^pr val
.1
97 Sale
03 78 Sale
."
»
Registered
-Is
/<
1995 A-O
L995 Noi
M995
Registered
'
stamped
M995
Equip tr situs A g 5S...1902
"
Not
Not
97 »« Sale
94J9 Sale
"
10334
H'4
103«8 Aug'01
97
95
07
101 8 105
102 104
8634 99
1
-,
May'01
94 >s
94
101
95
97
or, '2
95
96 34
04
90
80
'i
J -J
.
•
1
1
'
-i
M
FA
NVC&H
& Montauk See Long I
& West See Sav Fl & W
Butl'alo N Y & Erie See Erie
Bklyn
Bruns
R <ft P gen g
Debenture 6s
Buffalo
5a... 1937
MS
1947 J-J
A11& West 1st g 4s gn..l998 A-O
C1& Mali 1st gug 5s. ...1943 J-J
Roch & Pitts 1st g 6a... 1923 FA
Consul 1st g fas
1922 J-L,
&
&
Southwest See ErnSusqu 1st g 5s. .191:!
Registered
1913
Bur Cedar R & Xo 1st. 53.1906
Con 1st <fe col trustg5s.. 1934
Regie tered
1934
^V 1st gu5«. 1021
& St L 1st gu g 7a.. ..1927
1908
Canada South 1st 5s
2d 5s
1913
Registered
1913
Carb & Shawn See 111 Cent
Carolina Cent See Seab & Roan
Carthage & Ad See N Y C & H
Buffalo
Bullalo
CEIF4K
M
A-O
A-O
A-O
J-ll
J-.I
MS
M-S
See Balti & Ollio
RR & B of Ga col g 5s 1937 M-N
of Ga RR 1st g 5s.. #1945 F-A
Central Ohio
Cent
1945 E-A
1945 M-N
1945 M-N
Registered
Consol gold 5s
Registered
1st pref income g 5s
2d pref income g 5s
3d pref income g 5s
pi 04. Oct
j)1945 Oct
pl945 Oct
Mac & Nor Div 1st g 5s. 1946
MidGaA Atl
J-J
Liv 5s
1947 J-J
Mobile Div 1st g 5s
1946 J-J
Centof N J 1st consol 7s. .1902 M-N
1987 J-J
General gold 5s
Registered
Am Dock
& Imp
7il987 o-j
gu
j-j
5s.. 192
'
No price
Friday; latest
III] '1
J-J
J-J
.
.
1
MS
MS
MN
F-A
F-A
J-J
Si"
100*9.
102*8.
Id'J'i
1
s<
.",s.
I15'a
114
110*2 111*2
Cliiofe IndC By 1st 58.1936
Chicago & Erie See Erie
Chic In <fc Louis v ref 6s... 19 17
Refunding gold 5a
1017
Louisv N A & Ch 1st 6s. 1910
Chic Milwaukee & St Paul—
& St P 1st 7s S g HD.i 902
1st 78 £gold Kl)
1902
lstC<k M 7s
1903
Chic Mil & St P con 7a. .1905
101
Terminal gold .",s
General g 4s scries A..el989
el'.is'.i
Registered
Generalg 3*2S series B.el989
Registered
el989
Chic& LSu Div g5e.... 1921
Chic <& Mo Riv Div 5s. .1020
1910
Chic & Pac Div 6s
J-J
124
Far <fc Sou assu g 6a
Hast
Div 1st 7s
jj
jj
101(1 j-j
1910 j-j
loos j-j
I& D Exten 1st 7s
1st 5s. ...1010 j-j
LaCrosse
Mineral Point Div 5s
1910 jj
10 Id jj
So Minn Div 1st 6s
SouthwestDivlst6s....l0ir.i j-j
1021 j-j
Wis& MinnDivg5s
1st 5s
&D
Mil& No IstM L
J-D
1913 J-D
6s. ...101(1
1st consol 6s
QF
1107
113% Sale 113%
101
100%
92
93*-.
J-D
A-O
95
100%
May'01
101
20
03
81
115
111.71.
98
135*4 140
122*2
115 Auk'OO
119*2.
112 34 125
J'ne'00
J-J
Apr'Ol
lll*2Aui;'ol
110*4
110*4
105 >a Feb "OS
115%
100
118
119
119
1
Is'i
Mar'98
Aug'01
...
U7%122%
122 3
192*2
180
104
l'id
111%115%
114*2
in 110
116*2121
118 122 34
116*2119
116*2 122
116%J'ly'01
i
11134 116*4
131*4
i:;7*2.ri\
120
120 34
Aug'01
...
107*8
110%May'01
...
12034 126*2
110*4 110*2
188
117% 119
Apr'Ol
113*2....
108*4 ....
118
108
113 34ll7 110
110*2 113
.
J'ne'ol
J'ly'ol
110%
114% 119%
113 117%
116% 120
116 119%
108
Aug'01
Aug'01
116*2 116%
115*2....
115 116"9 116 J'ly'01
118% .... 121*2 Mar'dl
137 ....
141 J'ly'01..
104_34 ....
105 J'ly'01 ..
104% J'ly'01 ..
107 109*2 108% J'ly'01 ..
107 Mar'OOl..
Apr'Ol
Nov'98
110
103
116
121*2 122
139%Df2%
His
104 34 Ids
108% 112
109*2
..
107% May'01
109% Aug'01
"113*2 11034
1
108% no's
:u7
..
Apr'Ol
:
'-
:io8
117%
..
..
110%
116
..
117%Aug'0l
110%
i
..
J'ly'01..
Oct '00 ..
ill
108*2 AU2'l'l ..
-
11734 Feb'98
122 Aug'01
121% 125%
123
May'01
122
123
113
111
Jan
113
111
113
11
'01
J'ne'01
1*4 J'ne'01
111
111*4 111*4
120%Nov'00
136*4
127
]
J'ly'01
;
Aug'01
107%F<
b'OI
113
128
113
Apr'Ol
Aug'01
07
35*, 141*4
143% 143%
138% 143
107% 107%
143% Apr'Ol
140
Dec'OO
113
127*4 131%
132%
126%J1y'01
106% 106% 33 106% 110
L08
106% J'ly'01
99% 00%
oo -s Feb '01
86%Aug'00
lll%Aug'01
110% 112%
139
134*4 112
138%
J'ly'01
134
138%
122%.
140%
J-J
St Paul City Cab con g 5s
Guaranteed gold 5a
1937 J-J
1937 J-J
Third Ave 1st gold 5a
2
J-J
1st con guar 4s
Union El (Chic) 1st g 5s. .1945
Chic St40-yr
W40-year consol let cur 58.1928 M-N
gold 5s... 1936 M-N
112%.
123"
101%
100
110
101%
98
Oct '99
Apr'Ol
111% Jan
12:;
103
121% 123%
122% Aug'01
i 10"
111% 112%
125%
102% 105
Aug'01
102% J'ly'01
109% Dec '99
99
103-%
110"'
'01
Dec'97
Gas and Electric Light
AtlantaG L Co 1st g 5s. ..1047
J-D
118%
4
J-D
J-I
119%Dec'O0 ..
M-S 122%.
122% J'ly'ol ... 122% 126
91% Oct '98
BosU Gas tr ctfs si g 5s. 1939 J-J
113
M-S
Bklyn V Gas 1st con g 5s. 1945 M-> 118 Sale 118
bid and asked this week, a Due Jan d Due Apr e Due May jiDueJ'iie h Due J'ly k Due Aug p Due Nov
12(i', J'lj
180
110
119 Salt 119
115 116*2 116*2 Aii','"nl
116*2117*2 110% 116%
112
112
112
Met WS El (Chic) 1st g4a. 1938 F-A 101% 102
L 30-yr g 58.1926 F-A
Mil El Ry
Minn St Rv 1st con g 5s.. 1010 J-J
AC
J-J
F-A
Lex Av&P Fist gug 5s 1093 M-S
Registered
1993 M-S
1
J-J
J-J
115 126*2
106 7e 114*2
113 117
180 Mav'01
172'eApi'dd
100 Jan '01
lsl
Aug'01
111*2.
127
115
124
124
117
<fc
95
115
on Next Page.
Street Railway
110% Met St Ry— (Continued)
Ill
128*4
121
112
111*2 Aug'01
n
1024
&D
Sale
100*2
-J
jj
Chic&PWlstgSs....
Dak<fe Gt Sogos
1916 jj
!
U2 34
137>aAiiL''01
123
-J
j-j
Aug'01
I2 : 'l
100%
1,
141*4
12]
-.1
j-j
j-j
1
Kin
I09*s
J'ne'01
112
-.1
.
114 114
104*2107
lli)i 4 113
Apr'Ol
3 ly'01
10*2 J'ly'01
109*2
inn '•- J'ne'01
1
109*2
137
122
J-J
J-J
J-J
-J
-J
101"l 104 '8
r.'iL.i
109 -is.
i.2'6"
M
Lba*«
.J
.
M-N
10:i7
102*2
102%
.
1007 J-D
1934 A-O
1937 M-N
106
pr'01
••
PM
Sale
X7*2
100^109%
104 34 Apr '00
1
108
107*2
103
I03*2l06»4
01
Aug'01
100'2
.
101
92
1(13
'2
iiiii^iirii-i
*8"i
84
:,
M-N 102
2 104
Apr'O'.,
106 'e Sale' Hi6 T8
._.
Jan '99
121
90
.-'J
0'",
..
1
^
108
110
4
1
22
1
IH2-..
4
Han & st .T,,s consol r,s. .101 M-S 121*2.
Chic& E in lata cur 68.1907 .1-D 112
.
109
1
110
j'ne'01
:,
Chic & N'vrest consol 7s.. 101
Gold 7s
1902 J-D
Registered
1902 J-D
3
11834 J'ly'01
118
Extension 4s
1886-1926 F-A
115 118 4
1S86-102H E-A
Registered
1
ibi'
General gold 3 *2S
1987 M-N
Registered
103 Apr '07
j?1987 Q-5
J'ne'ol
iseb....
LSI
130*4
Sinking fund 6s. ..1X70- 1020 A-O Ufa ID
130
1-0 129 12 129 May'01
Registered
1879-1929 A-O
129 131
Sinking fund 5s. ..1879-1020 A-O 10s-<.
1879-1020 A-O
100 Nov'99
Registered
1900 M-N
Debenture 5s
13
105*4
lor.'i
Registered
1909 M-N
104*2108*4
Debenture 5s
1921 A-O
123 Aug'Oi
119*2 127*2
121V
117 Nov'OO
1921 A-o
Registered
1933|M-N
123'4
113*2 DeCOO
Sinking fund deb 5s
Registered
1033 M-N
3 106*4 Ai.-'til
106 106 4
DesMo&Minn let 7s.. 1907 F-A
105*2 109
KiO
109
100
Milw& Madison 1st 68..1905M-S 110*-2 ..
107*2111
1(17
Aug'01
North Illinois 1st 5s....l910|M-S 111
100 4l08
ott C F<fe St Paul 1st 5s 1909 M-S 110*4
"Winona* St Pet 2d 7s.. 1007 M-N 120
Mil L S <fe West 1st g 6a 192 M-N 1 36%
Ext & Imp stand g 5s 1020 F-A 124%
90
91 Aug'01
Ashland Div 1st g 6s.. 102.7 M-S 140 3*
91
95
1924 J-J 138%
Mich Div 1st gels
100*2.
10134 103
1007 F-A UU's
43 96 103*2
Convertible deb 5s
120*2 Mar'01
Incomes
191 M-N 111
116*a.
119 120*2
Chic Rock lsl & Pac fas. ..1017 J-J 127%
107*8 Sale ldC'i 107*8 23 97 '4 108%
1017 J-J 126%
Registered
96 Oct '00
General eold 4s
1988 J-J lOfa^lOtP^
7s
loss J-J
78 Sale
Registered
60
83
J
20 '4
29 4Sale
29
DesMscfe Ft D 1st 4s.... TOO.". J-J lit) 113
20
36*2
87
16*4
1905 J-J
15'a 17*2 16
lst2*2S
8
21
95 Dec '99
Extension 4s
1905 J--I
102
Keok & DesM£st58....1923 a-o 110 112
106 Oct '00
Chic & St L See At ch T & Sa Fe
104
104 34 J'ly'Ol
Chic St L & N O See 111 Cent
104% 108
129
120 '2 130
13 127
137*8 Chic St L & Pitts SeePennCo
130 J'ly'01
& O con 68...1930 J-D 138%
127 137
Chic St
111
112 J'ly'ol
CbStP& Minn lstg fas 191S M-N 138*2 Sale
112 116%
A O
>«
1
1
MISCELLANEOUS BONDS— Continued
Street Railway
Brooklyn Rap Tr g 5s
1945
Atl Av Bklyn imp g 5s.. 1934
BkCity 1st con 5s. 1916, 1941
Bk Q Co & S con gu g 5s. 1941
Bklyn Un El 1st g 4-5e. 10.70
Kings Co El 1st g 4s
Nassau Elec gu g 4s
1961
City <fe S Ry Bait 1st g 5s. 1022
Den Con Tr Co 1st g 5s... 1933
Den Tram Co con g fas.. 1910
Met Ry Co 1st gu g fas.. 1911
Louis Ry Co 1st con g5s.. 1930
Market St C Ry 1st g fas.. 1913
ilet St Ry gen col tr g 5s. 1997
Bvray<fe 7th Av 1st eg 5s 1943
Registered
194:;
Col<fc 9th Av 1st gu g 5s. 100.
Registered
1993
103
5
1
1
2
.riv'o:
99
'.
'2
113Vill7
103
1
Cen Branch U Plstg4s...lo 18 J-D
105
mi'-
1(13*2
1
A-U
A-O
CedRIaF&N SeeBCR&N
Cen
-,
L02
fund 6a.. 190
Befundingg 3s
1949 A.-O
191'.' \-0
\-0
V H Trust Co receipts
Miss Riv 1! lstsf g 68. .1912 A-O
Railway 1st U( n 3*28. ..1950 J-J
1950 J-J
'.hi:; J-J
Chic liur.c Q consol 7s.
Sinking fund 5 a
1901 A O
Cliic.v Iowa Div 5s
1903 F-.\
1022 F-A
Denver Div 4a
Illinois Div 3*38
1949 .f-J
Bi giatered
1949 J-J
Iowa Div sink fund 5a. .191 9 A O
Sinking fund Is
1919 A-O
Nebraska Extension 4s. 1027 M N
1027 M-N
stered
1021
Southwestern Div 4a
Convertible 5a
1903
5s
lenture
1913
1
Chic<& St Louis 1st 6B..1915 M-S 115 34
108 May'01
Atl Knox & Nor 1st g58..1946 J-D 105>a.
108 108
Atlanta it Danv See South By
Atlanta & Y'adk See South By
Austin ct N \V See Son Pacific.
S See
Bat Creek &prior 1 Mich Cent J-J 93 96 95i2 95^2 12 95 97»4
alt & Ohio
g 3 %s 1 2 5
95>2 Mar'dl
05*2 95*2
Registered
A, 1925 Q-J
104 l4 47 99 105
Gold 4s
M948 A-O Lai" Sale 104
2 101*2104
101 s ldlK
Registered
ftl948 Q-J
107 14 Salt 105^2 ld7 a 655 100*2110
11)11
Subs to conv deb 4s
88 14 89 '21 SB's Aug'01
Div 1st g 3 %sl925 M-ri
87*2 91*4
1? Jun &
Registered
pl925 q-F
90i4 .-,1 8858 92
90^ Sale 90
Sonthw Div 1st g 3*28.. .1925 j-j
90>2J'ne'01
Registered
90*2 91
't 102.7 Q.-J
May'00
Monon Riv 1st gu g 5s. .1919
io&a'.'.'.Y., 111
111 J'ne'99
Cen Ohio R 1st cg4%s.. 1930 M-S
Beech Creek See
Bellev & Car See Illinois Cent
Boone Bridge See Mo K & T
.
1
106
s
General consol
Registered
Allegheny Valley *< PennRB
Alleg & West See Buff B .V; P
Am Dock it iin See Cent of N
Q-J
It J i»;
Ann Arbor 1st g 4s
Atch T & 3 Fe gen g 4s.. .1996 A-O
M
M
.1002
BR
•
in;
.1941
!
1
101;
...
3
tlOl
1st consul g Os
lent See So Ry
labaMldJ Bee Sav B"la <fc V\
Albany A. snsi[ See Deldfc iiud
(
Adjustment g
Alt
.
:•
-.•-
-J
.1
els
Small
Railroad
Alabama
g 5S....1940
con
1st
si
i
onaol
M
•
High,
106
r,
I
1992 M-.-
1002M
ly'iil
.,'
104
111
111
lU'oJ'iy'd)
121'.
121
1 22
121
J'ne'01
lox
107*21 fix"
A prill
L06
,.,v-()ll
105
1 1
1939
Sigh No Low
1
Mar'dl
109
L09
126 J'h '01
106 34
1'Jl
JJ
I
Small
Missouri funding.... 1894 1995
North larolina oonsol La. L910
Small
Gs
L919
1933
So Carolina 1 %s 20-40
Tonn new settlement :!s. .1913
Small
Virginia fund debt 2-38...1991
Registered
6a deferred eerUs
$6 to £.
3
1
I
113'2
id 'mi
Mill
iding la
92
Dial ,,i lolumbia 3 65a
Louisiana Qi VI COnsol 48.. 193
,
108
...
1,1
J
aioi a-«,
1939 M-N
gold 4*28
ral
11,
1
97 \
Idl
101
Q-W
'.(in
,;l
,1
'2
139
139"%
96
'HI
« re pi lees o n the 6
jj
i
Class B
Class c
Apr
96
.
A..A190
Chic*
i
.
Gk>ld6a
let consol g 5a
U5
1
1920 J-J
1912 M-N
.'•-
-
.
Foreign Government
a i,i Mexico s g 5a "i i-s'.i'.t
<m\
(
2-1
112
109
L8
1
1925
i.i. ret!
E
lux
ion.
i<
12
•rg 1
l.aet
A»k Low
Bid
Hud
A}
I.el, ,t
nge
ttCt
ur
.
,,1
iii-'B
!
h 190'
rod
.1.,
1
.
Bange
cent Pacific See
Charles A sav istgl
ur-
1
<-i
oonpon
i,
,
in;.
1.
1
entral
11 is'.,
1
iiis
108*4 109
h
bonds. .il9in
bonds fclOlH Q-F
-n.:.u
i.i,
.-,.
i
I
06»i
1
J
I
S3s<
•
11
STOCK EXCHANGE
Wl
1
u'njh
J
'
V 8 3s reg small
V
V
U
D
V
V
January
Jliyli
!.<
108%
107»4
red.dlO!
'J
B
BONDS
s. <;<i\ i-riiiiKMit
.
B2a
PAGES
X. Y.
Bti
8aU
Lent
At* Low
Bid
y
"D
ur
Weekly and Yearly
Record, Friday,
I'Olll
San
:
i
1N«;
5
*
115
119%>
Option sale
August
Bond Record— Continued— Page
24, 1901.]
BONDS
stock
N. Y
u
Ending An.
i.k
i
N'' E
\
An
J
•_>:;
'
i
.
ins
<
ursi
i
g
Hi"
Jii.jli
J
00
lis
Inn
103
115
113
L8
iia"
I
[j
I
J'lj
A
Pen
1
1
115
L18
nei
W A Den C
i
-
1
.111
1928
d BioGl
A S A See So
11 a II of L882
'
sale
J
101
1
101
Cm W
Hi
U
A
iu\
i.
Lai ool
:'isi. r,
i:.
J
gold 4a. ...1939 J
1»\ Lai g Is 199] J-
Lai
103 Hi Sale
lu-j
99
109
103
li
.1
M N
1990 M N
(a. .1940 M S
g La.. 1990
ti
-,i
BprA
L
s a CI oon
CCCJ
1
5a. .1928 j-.i
st g
oonsol7s
191
onaol sink tund 7*
191
General oonaol gold Os. 93
Registered
1934
1st pf 5s...dl9S8
In. A
1
a East lal oon la.. .1940
1990
Income 4a
Cl Lor a- \\'h oon 1st g 6a
Clev a Marietta See Penn BB
a Malum Val g 68.. .1938
Bi gistered
1938
Clev a- Pitts fifes Penn Co
Midland 1st g 3-4S....194
Col
i
i
(
i
i
1
W
I
I.
.
1
1
J'
LOO
106"
101
i
106
Nov'99
ji.
J D
Colmn
i
1
133
133
M K
See
A;
os
96
70
A-l)
Apr
97
60
Sale
Ang'01
'j
in
A-O
J-J *127
322
7(i
Hep
Sale
'
88
*
SOi^
Sale
82
J-J
82
87
Guar
gold 6s
Registered
& Saratoga 1st
Registered
1921
Del Kiv KB Bridge Sec Pa BB
DenvA R Grist con g 4s. 1930
Consol gold 4HiS
19311
Improvement gold 5s. ..1928
Bio Gr So gu See Rio Gr So
DesMei&FtD <SeeCR&IP
Des M & Minn See Ch & N W
Des .Moi L'n By 1st g 5s.. 1917
Det ,M & Tol See L S & M So
Det & Mack 1st lien g 4s. 1995
Gold
121
UN
1995
is
&
1
i:;o' 8
129
82
42
J'lv'iil
227
bS
20->
J.
J. I)
J'lv'Ol
i:is
JJ
FA
110
s7'-j
891b
133 "a 1 30
109
*11758 119
147
1
149
110
1153s
1
-1
145 2 147
149 150
110 117
1
s
ii'2" 113
lll'« J'lv'Ol
112 j'ne'O]
lllJslll'j
112
i'52"^
152^ J'ly'0]
151 Jau '01
150»4
M-N
1
101
108 34
J-J
J-J
100
10S
107
112
ill
M-N
J -I)
J -I)
100
91
AO
Feb'01
J'lv'Ol
J'lv'Ol
102
102
85
110
115
'-j
10S 34lU
102
91
103
92
112
111
105
J'ne'01
112
115
J-D
MS
MS
MS
MS
1
:
.]
111
Imp
onr68..1913
Y
gn g 5s. 1946
Small
1940
MidltHof N 1st g lis. 1910
N Y Sus &
1st lit 68.1937
2d gold 4His
1937
19 in
General gold 5s
Terminal Lsl gold 5s.. .1943
Regis 85,000 each.. .1943
W'ilk A: Ea 1st {rug 5s. 1942
Erie it Pitts See Penn Co
Eureka Springs lsl g 6s. .1938
N
W
Evit Til
.1
1st consol 6s.. .192]
1st general gold 5s
Ml Vernon
Sull
1st gold
Co Brunch
1st g
91*4
]
->
107
138
Ill
123
108
137
108
M-N
M-N
J'lv'Ol
J'ne'O]
J'ne'O]
118'a Aug'Ol
109 uct ".is
115
AO
J-J
FA
HO'allS'a 116
1!
118H- 115
K-A
J-D
May'01
116
Feb'01
Aug'Ol
94
105
115 Ha J'ne'01
105ia.
M-N 115
M-N
.
110
Aug'Ol
FA
JJ
66
i'o'e"
L00 "a 108
108
'•
91
'.,
Aug'Ol
Igl
lol'j
ii/2'ii
ILi
115Hi
i,
101*4
loo
i'1'2""
113 •„ J'ly
127
124
90
L27
Nov'00
1
'01
May'O]
Nov.is
1
103
104
'-j
107
!29Hi
12:;- S
Feb'01
Nov'00
107'.,
107
105
H/7'j Jan'Ol
102
24
1
126
J'ly'O]
-..,--
lOO'i
24
lo7
96
U
102
75
Nov'00
.1
125 Hi 126 Hi 24 'n J'lv'Ol
101 H> 102 h 101 Hi 102
74Hi 75 .Ai
115 110 h 115H: llG'-j
1
07
123
65
115'4H8
68 34 J'ly'01
03 '4 Oct '00
H:.
1950
118H:
83
1
1
72 Hi
G7
Ilsi'4l24i8
i9'..riv'oi
LSH2 J'ly'O]
J'ly'O]
117
110
110
119Hs
1151a
i
U2
all2 1
1
!
llSioll9it.
L21
111
lis
12S S4 124
107
140
l"7
143ia
95'-
.
UOHiMay'Ol
lloialld'-a
109
HO
111
112
IOS'411138
109 Hi 111
il7'
109
97'
1
1
99
82 14 91
Aug'Ol
Mar'01
J'ly'OO
id :>'>
J'ne'01
95
1""
121
96Hs J'ne'O]
123
1
IOIH3S1
Leh & WilkeSD -see 'ent of N J
Leroy & Caney Val See Mo P
Long Dock See Brie
Long Island 1st con g 5s. h 1931
(
!.;0'-j
L16
L05
137
108
140
94
LOO
.
1st ,5s
191
V B
1
l"7'j
LIOH
-.
'.-old
107
ilian
E
A
II
LCin
N
1"1
97
1
i'l'7"
a
107
L09'
Hay'00
112
lis
L14H2
101 '.
101 14
!"1
L940
llo
J
114
111
100
111
:
10414
1940
Os
L93]
111
1
CoUtousI fT.20g4s.1903 L918
126
111
J'ne'O]
Oct 'ne
1
19:17
Registered
1
105
LOO
95
1
Louisv A- Nashv gel
Gold 5s
105
Ply'O]
100
l
'.'I
J'ly'O]
102ij
10'."i
& M Ji st con 5s 985
N YAi R B 1st 58 g L-927
NorShB 1st con ggu5sol93
118
1071am
103
100
1938
1922
1932
1919
193
4s
121
12114
19:'.l
Debenture gold 5s...
Bklyn Ai Mont 1st g 68. .191]
N
ill
h
General gold 4s
Ferry gold 4 'as
Gold 4 s
123
HS'al'-'l
J'lv'Ol
108
.108
AO
lol
ioi
.
58.1930 A-O
Branch 7s
Nasli 1st g Os ...1919
Lex gold 4 las... 1931
1st gojd 0s....l930
110
110
Apr'01
A-
Oik
M
i"29ii""'
on Next Viuie.
nml Electric Llgfal
N Y G K L II it P g 68...1948 J-D
tins
Registered
.100
100
100
100
100
Aug'Ol
Aug'Ol
II8H2 Mar'01
119Hi.
Eq G & Fuel See P G & C So
Gas& ElecBergCocg5s.l949 J-D
Gen ElecCodeb g 5s
1922 J-D
GrRapGLCo 1st g 5s.. .1915 FA
94
102
103
loo
USHjllSH!
101 J'ne'O]
185iaApr'01
PeoGasifec
101
155
102 Hi
185 Hi
107^ Dec '00
A-O
1997 A-O *125
EdElIlBknlstcong4sl939 J-J
Q.-F
lUHi
..
126i« J'ne'O]
124 Hi 126 Vl
108'4
4 107
iio"
week,
a
Due Jan
d Due Apr
1st con gold Os
1943
1947
Che A Oki 1st gag 5s 1937
oi «'hl st L-11 g5s.'36
Eq G <fc FChlSt gu
5
Mu Fuel Gas 1st gn g5s.l9i7
Trenton G & El 1st n ;,s 1949
CJtlca E
P latsfgSs 1950
Western Gas Co coin
Refunding gold 5s
L&
e
114
109
120
Due May fcDueJ'ly
114
112
L09
it
A-O
M-S
109
\pi '01
107
-D
15 Hi
LOS
m-s
'.21 34
121
J'lyoo..
01
..
.
1044
120
.110
104
J-J
MN
...
117
J-J
.1
'.
-d
1904 J-D
I
this
.1
gag 6s. .1904 M-N
1
96H»Dec'00
lOS^Sale IOS'4
Mut Fuel Gas Co See Peop Gas
• No price Friday; latest bid and asked
1st
2d guar gold 6s
g 5s. ..1922 A-O
*
lots
Purchase money g 48. ..1949 F-A
Ed El 111 lsl conv g 58..1910M-8
1st O0n80] gold 5s
1995 .I-J
XYAQIU LA- P 1st con g5sl930 K-A
Paterson A- i> G a- E b 58.1949 M-s
(
LacGasLofStLlstg5s.«1919
Hi
100
i"
nl
'00
pr'Ol
Knoxville Ai Ohio See So By
Lake Erie & 1st g 5s.. 1937
2d gold 5s
1941
North Ohio 1st gu g 5s. 1945
L sho & Mich s See N v lent
Lehigh Val (Pa) coll g 5. .1997
Registered 5s
1997
Leh Val N Y 1st gu g4igs.] 940
Registered
1940
Leh V Ter By 1st gn g 5s. 1 94]
Registered
1911
Leh VCoal Co 1st gug 58.1933
19:;;'
Registered
Leh & N Y 1st guar g Is. 945
Registered
1945
El C & N 1st g 1st pf Os. 9 1
Gold guar 5s
1914
Leh & Hurt R See Cent of N J
Noy'97
\'S.i
123
123
Kansas Mid See St L & S F
Kentucky Cent See L & N
Keok & Des Mo See c K I & P
Coll trust
1942 A-O
68..1923
5s. ..1937
Jan
119
.
Unified gold 4s
108 "a 110
111 SeeNYGA EL II A P
EqG LN Ylst con g 58.. 1932 MS
1st
11.
loO'.j.lly'O]
& Great Nor IstgGs.. 1919
1909
2d gold 5s
3d gold 4s
1921
Iowa Central 1st gold 58..1938
Jefferson RR See Erie
Unified gold
J-J
SwKCoEL&P
Kings Co El Life P g
Purchase money Os
.1
HHa
W
1st consul gold 4s
122^
Columbus Gas 1st g 5s
1932 J-J
Con Gas Co .See 1' G & C Co
Detroit City Gas g 5s
1923 J-J
Det <ias Co con 1st g 5s. ..191s FA
K C Mo Gas Co
mi
3
105
07
.
ran '99
ioi"
W
115
112
ChGL&CCo SfePG&CCo
Ed E
106
1
Registered
Electric Light
EdEllUBkn
106
.....
1952
1
Tex gold
MISCELLANEOUS KONDS -Continued
Gns and
LI 5 Hi
pr'O]
lal'OO
ng'Ol
i.pr'96
i:;'-
•
(.) Ai
48.. ..1953
1953
Registered
l'.i.'.o
Cairo Bridge gold 4s
Registered
goliKl'-js
Louisville Div
Registered
953
Midland Div reg 5s
192]
St Louis Div gold 3s. ...1951
Registered
1951
Gold Sias
1951
Ki gistered
195]
Spring Div 1st g 3>a8...195]
Registered
95]
Western Lines lsl g 4s.. 1951
Registered
195]
Belle v A Car 1st Os
1923
Carb it Shaw 1st g 48. ..1932
Chic St L & N O g 5s. 1 95]
Registered
1951
Gold3>a8
195]
1951
Registered
Meniph Div 1st g4s... 1951
Registered
1951
St L Sou 1st gu g 4s. ...1931
IndDecifc
1st g 5s
1935
1st guar gold 5s
1935
1908 J-J
.
1st
it
A- Green i.
06*«
.
..."
SeeLS&MS
Kal A & G R See Tol
an & Mich
&OC
K C & M B & B 1st gu g 5s. 1929 A-O
Kan C & Pacitic See M K A- T
Kan City Sou 1st gold 3s.. 1950
FA
gold 5s. 1 982 M-N
Jell BR 1st go g 58....O190! A-O
Long Dock consul g 6s..l93i A-O
Coal a RR 1st cargo 68.1922 M-N
Dock
1
Int
151
101>o]02^ 102^ Aug'Ol
]
Le 1 st
I
llllv
1
.
1
J'ne'01
J'ne'99
2
-.-
117V!17v
Mav'Ol
Aug'Ol
4 7 Hi
'v
119 1
N
Small
Ohio A- El
lo7
107
1
LI919 J'ly'01
103>a Oct '00
117*8 May'O]
V.'Oi..
W&
VA
106ia io7
W
LN
7s
77
83
L40ifl
115^
US^J'ly'Ol
Iron Range 1st 5s.. 1937
193" A-O
Registered
2d 0s
1916 J-J
9'.'
Slstg5s...l928 J-J
Dul Bed
4 Feb'98
llJ'-.May'Ul
Dul so Shore & At] g 58..1937 J-J '115
1,\isi ot Minn Si v St I'M A- -M
Jast Ten Va & Ga See So By
Elgin Jol& East 1st g 58.1941 M-N
112 1aApr'01
Khz Lex & B San See C & O
Elm Cort <fc No See Leh& Y
1947 M-N
121
118>aJan'01
Erie 1st ext cold 48
2i!ext gold 5s
117 12 122 12078 Apr '01
1919
112ia 116
111 J'lv'Ol
3d est gold 4 4s
1923
4th ext gold 5s
1920 A-O 117 1-2l23 1g L23 34 Mar'01
5th ext gold 4s
107 J'ly'ol
1928 J-D
140'2 143 'm ll'J - J'ly'01
1st consol gold 7s
1020
i:j5i 4 Muy'01
1st consul g fund 7s
1920
Eiie 1st con g 4s prior.. 1991 J-J "s&h'Whi OS's
24
99
Registered
99 Aug'Ol
1996 J-J
1
'88^ Sale" S0>4
1st consul gen lien g 4s. .1996 J-J
88 172
itered
1990 J-J
Pein coil tr g 4s
1951
93 h B2
93% Sale 93
Krie 1st 7s.. 1910 J-D 133 "a 130 <-2 136iaApr'01
Bull X
Buff Ai S \V gold 6s
1908 J.J
Dul
101
Bali
SeeCl
gistered
Coll Trosl gold 4s
Begisti ed
'-.
120»4 123 'a
L36'
Apr'01
4
llll-s May'O]
102
139 Hi 140 Hi IMS'... Aug'Ol
132
140 Oct '98
134
133>2 J'ly'01
A-O
A-O
A-O
1901 A-O
A-O
1900
78.1921 M-N
Bens
nl-
'•
'
s w
192]
1
M-S
AO
MS
MS
(,>coil
nn
1.
1951
O.J
M-N
See 81
Registered
1st gold 38 sterling
'00
L29 3aMay , 0]
130
95 LOO
45 ia 7;;
T
W
1
Pi
Si
'i
FA
Waco
Jo
I
Greenv See So By
Col
Hock Val See Hook Val
Col Conn A Term See N a \\
Conn A Pas BiYS 1st g 4s. 1943 A-O
A Gt So fiVeCM&sti
A-
HA
st
.i
A^
Del Lack A- Western 7s.. .1907
Morris A; Esses 1st 7s... 1914
7s
1871-1901
1st i-onsoi guar 7a
1915
Registered
1916
1st 6s.. .1921
K V Lack A
Construction 5s
.1923
Term & improve 4s
1923
Svi Bine a- K v 1st 7s. .1900
Del & Hud 1st Pa Div 7s. 1917
Registered
1917
Alb<fc Sus I8tcongu7s.l90ti
1901
Registered
C
Nor
nd
I
.'.
A-
Dak
alias
So
>.,
99 Hi Jan 00
By
11
ousatonlo 8ee N \ N 11
Hock Yal 1st consol g 4 - L999
Registered
,ii a
11 V 1st exl g is .1948
Te\ See 60 Pac
o.i^t e a
n Set SO I'ael !o
llotlst A T( l
Illinois Central lsl g is
1
J'ly'01
g 5
See So
Term
l't
I
.i.
1
10
gu
1
1
Haii A
Aug'b'i
:i
lsl
G a Nor
Bap
I
183Vi
J-J
J.J
9
n'.i
Si
liValid
iray's
i.t
04 Hi J'17'0]
i;:p,
194 J-J
Colorado a Son 1st g 4s.. .1929
1st gold 4s
15
lila \'
...o\ a
>
01946
L929
6a
Ko
leorgia Pacific
'
Cm
lsl consul
ia Car A
1
May'99
99
urn
S3
111
lnl
i
101
'O!
lie
108
103
lie.'
-a
LA
1'
Jau
99
lie.'
Col Dlv 1st jr
Is ..1940 J. J
Y\ \V Val Div la1
C oonaol Gs..l920 M-N
CI St
Isi gold La
fcl93C 9
tistered
IT 930 9
10
i..
101!
't.
103
101
1
106
I.
Cairo Div
llo
llo
1941
1921
1
'al llai
1
110
104
c n Co
-1
Ool '00
J In Hi
M
Per*
,\.
J
)'
1st 1
-1 land gr exl goli
gold Oa
:onsol
'00
1
11
SI
Cen a Pen
lla
Oo.
Jan
dm
I
01
0]
l
Cm Si
CCC81
Cleai Bid a Man S* B B & P
CCC* si L general g La.. 1993
I
.M
90
i
1
WEEK
Ai
|
Cm
'
1
Mar'01
in
129
91
4a... 1947
Vl
' i'
B
l.M'l^o M
,.
,
1
Low
A»l.
tstsfg 8a
1919
</l 932
Gem a] gold 6a
Clin a Weal .Mn a B.) 5s. .1921
Chi a -iii. a i. gen g 8a ..01919
ii .: i> oonaol a t7a...l906
1937
2d (told I'-js
Cin n a
Lai gu g.5s.. .194]
a si
Ci
CISt L&i
,v
-
y
S(|(^
l
.
•-
Chic
23
I
Hut
fiilinnril
P M
>..»i Wisconsin lsl 8a.
1980
s; p & 8 City Lsl
6a.. .1919
CllIC B1
ul mi
i
BOND*
n eel?
Jietnge or
Price
n
\<
l
379
2
....
1O0
111
Ill
11, el
J'lv'Ol
.1
102
100
L09
106
Feb'01
...
lor'i 110
102
lu 102
nm
lou
109
.
...
Ll
J-J
M-N
Dae Aug
.107^Jan'01 .... 107HU07H1
Due Dec * option sale
Due Oct
fl
BOild .Record— Continued— Page 8
380
Louisv
'
A
N o .£ M
J -.7
2d gold 68
Pensaeola Dlf gold 6s.. .1920
1923 M-S
St I, Div 1st gold 6a
1980
3d gold Sa
Kentucky Cent jrold 4s.. 198' -J
A \
MA
,'.
N Fla .t
H
\l
I
I
g Bl
Kl L'U
1
••
it
1
AM
N
-.
99 «a
109 Hi
111
113
112
!•
peiiH.V;
Lai go g6a..l921
M:i ooii go g 5a.. 1936
Scfc
1
L910 A-K
Sink fund gold 6a
Joir Bilge I'ugu g4a.. L946
Oh flaaO f«ft L
s
Tirniiuii ooaJ fito i.s a
Jj&
LKA&
MS
1990 A-o
Metropni F.I let g 6a.. ..1908 J-J
..1984 J-l)
Man B
Oolonla g 6a..
McK'ptift 1! V Bu N V Cent
Metropolitan f.i Sea Mao Hy
U J-J
Mex Cent oonaol k<>1«1 4h.
1st consol Lnoome g 8a.ol989 Ply
2d consol lnoome g '.is. .a 939 .riv
1917
Equip <& coll gold 08
191! A-O
2d series gold 5a
Mex Internal 1 at con g 4s. 11)7'
i'.)27 J-l)
Mex Nat let gold 6a
2dinc6s A on atmpd..M917 M-S
1
.
102
L12ia
Lbo" ibo""
o
1
in.,',
i
1
Mav'O)
in.-.'.,
II
lor.i.,
4>.ill7'2
An
MS
8f5
80
88
22»a
85
1
151
110
24
90«8 J']y'Ol
103>gApr'00
85
86
SB
.1
J'lv'ol
2ft
38V
27
13
82 "* 91 hi
86
25
85
23
<fe
!
BCR*N
Minn Un See
Mo Kan & Tex
1st
J-J
98
Leroy&CVALlstg 5s 192(5
9834
82 "2 Sale
102 h
j/1990 F-A
1944 M-N
1st ext gold 5s
Boonev Bdg Co gu g 78.1906 M-N
Dal & Wa 1st gu g 5s. ..1940 M-N
MK&TofTlstgug5s.l942 M-S
Sher Sh <fe So 1st gu g 5s. 1943 J-D
Kan C & Pac 1st g 43.. .1990 F-A
Tebo& Neosho 1st 7s.. .1908 J-D
1942 A-O
Mo K & E 1st gu g 5s
1900 M-N
Missouri Pacific 3d 7s
1920 M-N
1st consol gold 6s
Trust gold 5s stamped. al917 M-S
ol917 M-S
Registered
1920 F-A
1st coll gold 5s
Registered
1 920 F-A
Apr'01
98
g 4s. ..1000 J-D
2d gold 4s
ibo"
106
100
98^
98^2
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107 H2 J'ne'01
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101 Aug'01
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106 J'ne'98
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102
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i
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1st con
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....
132
131
134
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106
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1996 A-O
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112*4 J'ly'Ol
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100
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111 116
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72
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1996
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88
116*4..... 115*2 1 1 *v
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Nor & Mont Sec N Y Cent
See C C C
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112*2 J'ne'01
110
112
112*3
05
75
Deo '00
Apr '00
109*2 109
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108
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101
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102
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NW
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ac of Missouri .S'ee
Pac
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1921
3
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1932
105 106 34
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Series B
1942
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1948
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1950
101 10338
ErieA Pitts Kug3*2SB. 1940
99
96
111
107
112*8
A
Dec '00
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128 34 136 68
on Next Page
Coal and Iron
100*2102
Col Fuel Co gen gold Os... 1910 M-N|
ColF& I Co gen slg5s..l943 F-A
De Bardel C <fe I .See T C & 1
i;r Kiv Coal & C 1st g 6s. .1919 A-O
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1026 J-D
114 117
2d gold 5s
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111 lid's Roch & Pit C & Ipurm 5s. 1040 M-N
105*2100
sun Ck Coal 1st g s f 6s. ..1912! J-D
111 110
Tenn CoalTDivlstg6s.al917 A-o
Birm Div lstconsol 6s. .1917 J-J
Cah C M Co 1st gu g 68.1922 J-D
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Wb.LE&PCColstgos.l919
F-A
J-J
106*2.
106*4 Feh'01
101
103
.
Aug'01
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9634 108
95*8 Jan '97
107
80
105
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May'97
Oct '00
109
109
109 Aug'01
Feb '00
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107*4 103?8 J'ly'Ol
32 Jan '00
104
105
110
112
100
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100*2 Aug'01
75
99
107*2110
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*
&
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g 6s. 1902 F-A
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55 Nov'00
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Coupons off
_
1909
1915(Q-F
63
Cot Oil ext 4*2S
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y
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I ext 1st con
1937
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N YNH&Har 1st reg 43.1903
MISCELLANEOUS BONDS—Continued
gen g 5s. .1920
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94
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100
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115 J'ne'01
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H6 34
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1945
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1st extension gold 6s..'il927
193*
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58..1934
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1934
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110
119 J'ne'01
1 909 J-D
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laaHi Feh'oi
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117 Mav' 01
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1 93
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lOd^Aug'Ol
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1 08 H .....
107 *» Sale
103
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31*2 Sale
24 Sale
Last Sale
I
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MS
1992 Hep
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Ul>al13
Mich Cent. .sveNYCent
Mid of N .T See Erie
Mil
Mil
Mil
Mil
gag 4a. .1991
11
N Y&P11
A
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116
112
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Moh<fe Mai 1st
li'l)
ITire
a—(Contln
if
.'.-,
Vol. LXXIII.
Friday
Aug. 23
EXCHANGE
K\i.r,'.
1
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1.1,111
w ik
N v cm
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BONDS
I
73
.100
s
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sale.
82
102
August
Bond Record— Concluded— Page 4
24, 1901.]
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N.
STO( IC i:\CIIA NT. E
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..1919
nl919
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LOW
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Price
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1939
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112
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.114
133'4l33> 2
'01
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1-j7
124
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&
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cii
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Feb'01
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126
112 J'n.roi
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191
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1939
Cuusol and col trust 4s .1949
Utah Cent 1st gu g 4s.al917
Bio Gr Juno 1st gu g 5s. ..1939
Bio gr So 1st gold 4s
1940
1940
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&
Boch
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15 It
A
100>al02
03
97
105
82
83 Hi
95
1900
1900
1931
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i) 1st g G.s.,.1919
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Cent Div 1st gold 4s. .1929
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1
A
FRR
95
100
100^
Kansas Mid 1st a: 4s
1937
St Louis So See Illinois Cent
1st g 4s bd ctfs.1989
St L S
2dg4s iuc bond ctfs...pl989
W
97 h
97
77
Gray's PtTer 1st gu gas 1947
St Paul <fc Dul See Nor Pacitic
& Man 2d 68.. .1909
St Paul
let consol gold Gs.. ...... 1933
Registered
19;; J
Beduced to gold 4 Ia8..1933
Registered.
1933
Dakota ext gold 6s
1910
Mont ext 1st gold 48.. ..1937
Begiatered
1937
B Minn 1st div 1st g 58..1908
Begiatered
19us
Nor Div 1st gold 4s
1948
Registered.
194s
Minn Union 1st g Gs
1922
Mont C 1st gu g 0s
1937
Begiatered
11)37
1st guar gold 5s
1937
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1937
Wilt<fc S F 1st gold 5s. .1938
Begiatered
1938
St P A Xor Pao See Nor Pao
St P <fc S'x City See CStPM&O
SFePres& Ph 1st g 5s. ..1942 M-S
S A & A P -See So l'ac Co
S F & N P 1st sink I g 53.1919
M
W 1st gold 68....1934
gold 5s
Sav F
&
Sale
U5ia.
I
N
Scioto Val A
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I
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103
97
.....1931
138
142
139
121
124
122
j4
Apr '00
May'01
Apr '97
Aug'01
HO^.
*129
.111
"90"
W
W
110
ll'J'4
110
110=4
Nov'oo
Apr'01
Not'97
1
LIB
120
93
120
126
124
121
Hi
100
IU34
Yl' 9
J'ly'ol
1171.1
93
CO
1
J'ly'Ol
128 J'lic-I.;
I21P4 L28 J 9 v 'in
123 123
123 Hi
lOl^J'ly'oii
HlHiJ'ly'i'l
83
Deo '00
1 1
3
...|119 3
4
1
2
L
lion*
95
Hi
j121
...
1 7 Hi 120^
121
113'4llGHl
...
12 1'-
...
.
7 117
128
124' 8 129
lo L21
124Hj
...
109
....
lllHi
IO8H2
102
Oct '99
109 Jan '99
HUM
110 Ang'Ol
116 Ang'Ol
91 Hi Sep '00
113
115
116
11G
120 34 ^O-'bJ'iic'OI
110
120 sa
IO8H1IIO
'
iio"
11G'4
110'' 4
F-A
J-J
120
117
117
11234
J-J
J-D
J'ly'00
116
.
11234.
HS'a
OS's
103
115
*113
115
Kan&Mlstgu
142
P& Wist
99
g 43. ...1990 A-O
gold 4s. ...1917 J-J
113 34 II6H2 TolStL&Wprlieng3>a8.1925
50-year gold 4s
HO'allG'e
1925
116 120Hi Tor Ham & Buff lstg 4s. 7il 9 46
103 107H Ulster* Del 1st con g 5s 1928
nPaoERdt Igrg4s..l947
106 100
100'allO
Registered
1947
1st lion convert 4s
1911
OreRy&NavlstsfgOs 1909
Ore Ry& Nav con g 48.1940
Ore Short Line lstg 6s. .1922
lstconsol g5s
132 140
194G
Non-cumincA 5s....*1946
Utah & Nor 1st 7s
1908
121 122
Gold 5s
1920
116 Mar'01
116 Hi May'01
115 Max'01
11412.
92Hi
J-J
91 h
A-O
83Hi
39
97
J-D
J-D lOG^
J-J
J-J
1 04^4 Sale
M-N
107 38Salo
110
103 Sale
128 34
11778
J-J
J-D
F-A
'
J-J
Sep
J-J *117
J-J 113
Uni N J RR & C Co See Pa RR
Utah Central SeeRioGrWes
Utah & North See Un Pacific
Ctlca & Black R See N Y Cent
er Val Ind &
See Mo P
111 Aug'01
104 111
» irginia Mid
See South Ry
1939 M-N
HOHillOHi Wabash lstRold5s
IIOH2 Aug'01
2d gold 5s
1939 F-A
120 ^ Jan '00
Debenture series A
1939 J-J
123 Deo'99
Series B
9 Pi
1939 J-J
94»4 Feb '01
94
Det<fc Ch Ext 1st g 5s. .1941 J-J
10(P-j
100 Hi Feb'01
Des Moin Div lstg 4s. .1939 J-J
87
87
87
87
St Chas Bridge 1st g Gs.1908 A-O
91'4 91*8
91 s8 J'ne'01
Wash Cent See Nor Pao
34Feb'98
WashO&W See Southern
104
WestNY<& Pa lstg 5s. .1937 J-J
Gen gold 3-4s
1943 A-O
Income 5s
</l94: Nov
West No Car See Soutli Ry
eat shore See N Y Cent
\V Va Cent & P 1st g Gs. .1911 J-J
99^2
99'4
95"a 101^ Wheel'gA LE 1st g 5s.. .1920 A-O
Wheel Div 1st gold 5s.. 1928 J-J
91 3^
92
83
95 Hi
Exten& Imp gold 6s. ..1930 F-A
85 Nov'99
lstconsol 43
1949 M-S
111 J'ne'01
96 111
l
Wilkes & East See Erie
lOO^ lOl^s 81 100 103 4
Wil & Sioux F See St P M <fc M
997e J'ne'00
88
22 83 >4 89 Hi Winona & St P See C & N
88
Wis Cent 50-yr let gen 4s. 1949 J-J
..
..
116 116
115',116H»
115 115
104 Feb'01
119
119
99 Aug'01
111 J'ne'01
114 Ang'Ol
114 J'ly '01
108»8Aug'01
96
96
92 Hi
92Hi
90H»Aug'01
84
84
98H2j'ly'01
108 Ang'Ol
104 Hi 105
10G 34 J'uo'01
100
107 34
110 Apr'01
103
103
1253a i 2 53g
lot 104
115' 3 120Hl
100
90
HOHilll
113
113
103
117H»
115'4
108 Hi
99 !*
94
92 H»
80
88
73
98
100
L06H. iosh»
.
27
1
-
03 Hi 107
lot
177t; 103
,. 110
10 101 34
125
115
llS^Aug'Ol
100
100 J an '01
117
117HiJ'ne'01
113
113 Mar'01
....
106»«
129
110
105V
130
121
100
119
113
W
117"% 118
IIOHj 107HiAtig'01
113
118
99
96
110
98
113
119
119^
119
108 34
90
'
J'JHjIOO
7 120»i
107 1-ill4
2
:
....
6% 102 «»
J'ly'Ol
0U 4
110 3 i J'ne'01
9S'4.May'0l
110 J'ne'01
04 '4 Sale
1
'.
Mis'Ol
L12 14 J'ne'01
fl^ebo&N iS'eeMKA-T
Y
.
120
110
109
M-N
KR
119
Apr'99
120
103
Bee
Penn
108H»
-
'
SvraBing&NY ,SeeDD&W
Tol
J'ly'Ol
128
140
115
121
Sunb <fc Dew
...
1
121 J'ne'01
117HU'iv'oi
ii"8*"8ale" 113
118
:i4»4 114 7e Aug01
M-S
M-N
SAN
I
llti'l
1926 M-S
F 5s
'.'l'i
...
117 34 J'ly'Ol
109 Apr'01
M-N
1 erAoiStLlstg4Hi«..1939 A-O
1894-1944 F-A
1 st con gold 5s
St D M Bge Ter gu g 5s. 1930 A-O
97 1023<, Tix&NO See So Pac Co
Texas & Pacific Ry—
1905 M-S
E Div lstg 6a
1st gold 5s
2000 J-D
95»4l01H2
2d Routine 5s
j200O Mar
82*4
I.a Div BL lstg 5s
71
1931 J.J
Tol & O C 1st g 5s
1935 J-J
Western Div 1st g 5s.. .1935 A-O
118iall8 78
General gold 5s
...1935 J-D
May 01
100
107
u
120
107
.
11834
91 ,4l<»2
90 100
97 h.
77
75'4
Hi
112HlH9
100 May'01
100 Apr'01
102 3jJ'ne'01
100 J'ne'00
J'ly'Ol
io;,'4J*ne'01
:,
2171
7l>
95
110
111
98 H»
113
119
95
31
123
100 Ha
40
110
Ang'Ol
99% Ang'Ol
40
40
I
Mar'01
.'.
1905
99 "a 100
92 Sale
fcl949
A & N W 1st gu g 5s... .1941
Cent Pao 1st
ref gu g 43 1949
Registered
1949
Mortguargokl3His..fcl929
Begiatered
fcl929
f
111
125
110
"a.
107"
coll). fcl949
Begi8tered
114'aMay'Ol
126 Aug'01
11478 114*8
102 hi Oct '00
HO'sApr'Ol
116>a.
1920
Car Cent 1st con g 4s. ..1949
Slier Shr <fe So See
if & T
SU Sp Oca & G See Sav F &
Sod Bay A So 1st g 5s
1924 J-J
So Car & Ga See Southern
Boutliern Pacific Co
M
111 I12'„
111 3 !
a Feb'01
139 J'ly'Ol
137 34Feb'99
114 J'ly'Ol
113
W
:
111 Aug'01
114'sJ'ne'Ol
118 7
133
1934
St John's Div Istg4s...l934
Ala Mid 1st gu gold 58.. 1928
Bruns &
1st gu g 48..1938
SU Sp Oca & G gu g 4s. .1918
1st
i
E 5a
o7Hi
L0>s !14H»
I"- 1
II '-j
126" MarMH
1927 A-O
General 5s
1936
1930
Guar stamped
let oy gu 48..1924
WestNC 1st con g 6s. .1914
Ala See L <fe N
Spok Falls & Nor 1st gGs. 1939
Stat Isl Ky 1st gU g 4 His.. 1943
1
100-%,Aiir'ol
108'aJ'ly'Ol
95
j
WO AW
112
112
112
120 12l30
114 110
19:S1
1st trust gold 5a
EtLA
Series
Series
.120
x
..'
110V
1919 M-N
Virginia Mid serD 4-58. 1921 M-E
89 Hi 98
J'ly'Ol
'
...
13
1
gO
114'iJ'lM
108 Hi J
1
Ms
Is.. .19 is
95
109
...
114 ....
11034ll7Hi
19221 J-J
Bich&Meck 1st g
BoCar&Ga 1st g 6b.
'01
.lai'u)
110
08.. .1925 J-J
Bich<feDan con g 6s. ...19151 J-J
Equip sink fund g 58.. 1909IM-S
Ileb&sstamiicil
BtL&sFraii 2dg0sCl A.190I
2d gold 0s Class B
2d gold 0s l lass C
General gold 0s
General gold 5s
19
Ga l'ac Kv 1st g Os
Knox<& Ohio 1st g
9l'.i
111
instill
1938
1938 M-S
Registered
80 H:
92 Hi
Hj
110
g 5s
g 5s
Jan
119'j
1
1st gold 5s
Aug'01
85>-j
MS
E Ten reor lien
105
106
82 78 J'ly'01
M
N
K
M
Con
i
90 Aug'01
88 78 Sei>'00
106 Feb'01
...
J
los
KT
98Hilo" n
93 "4 90 '4
101
lOOHl
1'
gold 0s
l'J90
& Cairo See Moll & Ohio
L & Iron Mount See P
L C&
See Wabash
1,
Br See T 1! It A of St L
2il
I,
95 >4
95 H2
92 Apr 01
37
lt'8'a ....
o
1994 J-J
1991 J-J
I.
1996 J-J
Mem Div 1st g*H»-6s...
19!
Registered
1918 J-J
Ala Ccn B 1st g6e
1948 J-J
AtlA l)aiivlstg4s
Atl a Yad let g guar 48.1949 a-o
1916 J-J
Co] & Greenvlst Gs
Va&Ga Div g 5s.. 1930 J-J
"90*"ibo>a
98 LOO
121
73 92 'a 99
92
92
I'ly 'ul
lor.',
Lfl
ui-ii— 1st con
92^ J'ly'Ol
Borne Wat a Og Bee N V Cent
Sa^c Tua A if .sve Pere Marq
alt l.akeC 1st g s f 6a.. 1913
6tJo&Ur lei lat g 3-4s.. 1947
St Iiuvi AiUron 1st g 68.1996
Bt
St
St
St
Aug'01
121HlMar'(»l
95*2 Sale
199"
tiiI
J'ly'Ol
1st
Con gold 5s
JMy'97
W
100
35
111
.1
\
NO
11338113
J'im'ol
'1
I
113
g 68.. 191 J-J
1937 J-J
S I' Coast 1st gu g4s
1905 FA
1st 7s
Tel*
Div let g 68.. ..1912
Sabine
J'ne'99
'JS
1
As:i 1st oon 58.1927
4s
1997
i.
Stamped
1
104 Hi
A<>
A-c
M-N
1905-1937 M-N
SPacofNMrx
1U0
1
3
ac
i9o;,
6s
K&
lKP-j.T'ly'Ol
cent's
Reading Co gcng
1st •
Cal
1
1
190
a i!
IStgCiSRiTlcs C A 11.19111
F.1912
6s series
1 st g
L912
1st gold Os
1937
1st con guar g 5s
SeeN
Pitts P A- F 1st gold 5s. ..1916
Pitts SUA L K 1st g 6a.. .1940
I'
1st consul gohl 5s....
Pitt
—
1
90
130
938 A O
guar g68. 1927 J-J
g<il<15s
"a
J-.I
1st g 6a situ
Nov'98
11
.'.
r
109
1st
00
1'C.
Ac
.1
Nov*9
121
1
l.PaB8l8tgug4a 1943 J-J
Pol argulsts 6a«1909 m
A
107 Hi Oct '9S
119Vj.
1922
Brie 2d g 5s...al928
-J
..
;
1st gold 6a
Puts MoKeea
.1
gu g6a.„.
Cal 1st
1
lOOH;
gls. 1912
•a 1st
I
Puts
gold Om
1st
Mil
l"l
1
A -i'
78.1918 A-e
1920 J-J
guai
tut
-is
.
LlT" iiay*00
133 Hi Jan
M
P
jaii'-ui
lot;
117
111
Cousol g 6a mi guar... 1912 A O
u ^ol(l
Yvl"
& Atl
uarq— FA
1921
utgu
L2»< llar'Oti
j
113HiJ
1
M
M
M
Is
;,.v'9
6'm i.a- Naali
Peo A: Kast .Sr<< (' C A St I.
Peo A I', k fa lat g Oh.... L92J
•jil gold I'-.s
61921
Bare
gugSa
u 58 redeeiimbli'..
i
111
'
J-D
.1st
...
Gr BA es 1st gug4Hi
Bun A Lewis Lai a is. ..1930
UKJ ki: a Cangeu la. 1944
Pensaoola
1910 F
.
1
Ask
l.,d
1st gOs..
gold 7h
i
ffii
Sale
2.1
1
A
•Jd
l>ae..l93C
i;
Lb)
J.ania
:
i
Jan.
(
D
1
101
Sale
87 »a 87»4
113HiMar'01
113HiH3«a
114Hj
ii5'.j.Tiy'oi
114
Ill
1U9
113
112
J'ne'01
92 34
87*8 Sale
87*i
88
S6HiSale
73 Sale
86 H
1
1
2
SJ
92 34
Wa
W
117Hi
11P.j116 34
May'01
4:
112
94
85'4 92 li
MISCELLANEOUS BONDS—Concluded.
Manufacturing &z InduHtrial
AmHide<fcLlst8fg6s..l919 M-S
Am Spirita Mfg 1st g Ga.,1915 M-S
Am Thread 1st col tr 4s. ..1919
194'.
Bar<& S Car Co 1st gGs...
Grameroy Sub 1st gold 68.1923
1910
1U Steel Co deb 5s
1913
Non-conv deben 5s
Int Paper Co 1st con g 68.1918
Knlo Ice (Chic) 1st g 5s..l9_'s
Nat Starch Mfg Co 1st g 6s 1920
Skg fund deb 08
1925
Stan Rope & T 1st g 6s. ..1946
Income gold 5s
1946
V S Leath Co 3 tdeb g6a..l913
•
96
78
J.J
J-J
A-O
90
J-J
A-O
F-A
108
J-J
*
F-A
*
55
9
M-N
latest bid
95
57
Sale
SO
90U
78>4
96Hi
80
Miscellaneous
Bkln Ferry Co 1st con g 5s 1948 F-A
NV& WH 1st 5s trctfs.. ....
hie Jo& St Yard colg5s. 1915 J-J
DetM &M ldgr3H28S A.1911I.V O
Bkln
Apr'01
90
99 Jan '99
lOOHiJ'ne'Ol
111 Aug'01
100
105
99 7
8
93
J'n.'ol
08
8H1
113
lOOHi
J'ly'Ol
and asked.
.-
33
MaiOl
SOHlAug'Ol
lloboken
I gold 5s... 19 to, M-N
Iron Steamboat 1st 6a
1901 J-J
Mad Sq Garden lstg 5s. .1919 M-N
111
Aug'OO
108HiAug'0'.
96
58
100
Hack Wat Reor 1st g 58.. 1920 J-.l
Bend B Co lstsf g6s....i93l|M-S
73
111
(
106"" Jan'bo
107 110
92
4GHi 72Hj
12
6
113 115
L&
Man Bch
1
K iiort
11
& L gen g 4s..l94(i M
News Skipbuilding&
Drj'DockSs
Out Land
N Y&
St
Co
1st
piv
i'l'i"
N
N
dl990 J-J
F-A
1st irtis.. 19 10,
L Ter Cupples Stain &
90
Oct '99
l'roji
5-20 year.. 19171 J-D
Feu
101
Yuba Wat Co eon g 3a. .1923 J-J
113HiJ'ly'00 ...
Wat Works lBt 68.1900 M-S
105 104^ 105
Vermont Mar 1st s f 5s.. .1910
aDueJan oDueFeb d Due Apr y Due J'ne h Due J'ly k Due Aug « Due Sep p Due Nov « Due Dec lOl
s
Miscellaneous
No price Friday;
111
A-O
98
M-N IO8H1
Adams Ex col tr g4a
1948 M-S *104
Am Dk <& Imp 5s See Cent N J
•
82
90
95
96
78>aJ'ly01
104
109
sp Val
.
91 '4
78
111
354
THE CHRONICLE.
382
Volume
Gu
Exchanges
of Business at Stock
transactions at THE new York STOCK
DAI LT, V. KB I.V AM/ YI.AK1.Y
i.xcm.-
—
Week ending
Aug. J:t
1
Monday
.840
if
•_'7i..m:s
i
1,524
i
\\ 'odneartay
(Thursday
>
i
].lay
.'.
Total
7.7
Ti'eie
York
Bonds
1-J
Newark Gas 6a 1944
Newark Consol
0&
2,190,000
1,905,000
A ug. 23
O00
January
1 to
$33,500
Aug. 23
1900
1901
1900
1901
A
st
St
50
Joseph Gas 5s 1937..)
Paul Gas stock.. ..100
.1
I
1
Aug. 23
1901
Saturday
Monday
Tuesday
Wednesday
Thursday
..
Total
Unlisted
.
Bond
s?iares
Listed
shares
sales
18,690
30,959
40,794
36,688
25,059
29,830
J.
16,485
20,571
$32,400
41,500
21,400
62,063
60,388
75,900
87,965
65,567
$293,651
9,472
10,338
13,065
17,000
180,827
182,620
sales
2,970
2,247
2,911
11,621
19,959
25,859
$13,720
63,262
50,080
23,100
5,225
7,363
11.4 55
12,404
10.330
1 7, 1 30
Bond,
Unlisted
shares
i.tted
shares
10,024'
I
Street Railways
Bid
NEW YORK CITY
35
Bleeck St & Ful F st k 1 00
1st mort 4s 1950.... J -J 101
stk. 100 240
B'wavct 7th Ave
lstmort 5s 1904.. .J-D 102 h
.T-J
109
2d mort 5s 1914
Con 5s 1943 See Slock Exch
Su if 1 s t 5 s gu 1 ) 2 8114
B way
2d 5s int as rental 1905 8104
Cent'l Crosstown stk. 100 255
M-N 8125
IstM Os 1922
Cen Pk N & E Rlvstk 100 208
J-D 104
Consol 7s 1902
-Chnst'r& 10th St stk 100 175
Stock Exch
Col& 9th Ave os See
Dry D E B & Bat stk 100 120
1st gold 5s 1932. ..J-D 115
F-A 103 h
Scrip 5s 1914
Eighth Avenue stock 100 400
FA 105
Scrip 0s 1914
42d& Gr 81 Ferry stk 100 395
05
42d St M & St N Ave 100
lstmort 0s 1910.. .M-S 112 h
99
2d income 0s 1915. .J-J
'
'
Lex Av & Pav F 5s See si
Ninth Avenue stock. 100
(Second Avenue stocklOO
lstmort 5s 1909.. M-N
F-A
Consol 5s 1948
Sixth Avenue stock.. 100
Sou Boulev 5s 1945. .J-J
SoFer
1st 5s 1919. ..A-O
market See
o/ Outside
Light* Power Co. .100
I
.j
1
BROOKLYN
Allan Ave 5s 1909. .A-0 8107 109
A-O 113'- 115
Con 5s g 1931
Impt 5s See Stock Kxc list
ii
103
242
»2
105
244
list
105
105
1
Elevated—
1st 4s 1949 See Stock Exch list
85
Nassau Elec prof
100
82
A-O 113 114
5s 1944
V 97^
90
J-J
1st 4s 1951
Co.
NewWb'g& Fl 1st ex 4 v>s
100
a i9
NEW YOEK
Union Gas 1st 5s... 8 09 110
Cmi Gas X 2) Stock NY Stock Exii
Fquit Gascon 5s 1932 Set Stk
x list
Mutual Gas
100 305 325
New Amsterdam das
Ci Hi
1
1
1-
1st consol 5s 1 9-is. .j.j
Eicc Lt Heat&Po'H er
Gold 5s See
Y stock
NY
N
Y
N
&
East River
1st 5s 194
1st 5s
108
121
OTHEK CITIES
Buffalo Street Ry—
118'.,
1st consol 5s 1931.. F-A 8117
Deb 6s 1917
A.0 8100 107
City RR stk. 100 200
Chicago
Cleveland City Ry
100 115
Cleve City 1st 5s 1909. J-J 103V 100V
Cleveland ElectrRy.100
85 v>
84
Con 5s 1913
M-S 1051-2 107*2
Columbus (O) St Hy.,100
4514 46 Hi
Preferred
1 00
102 V, 105
Col um Ry con 5s See Ph ila list
Crosst' wn 1st 5s '33..T-D 8110
113
OTHER
1927.M-N
1
12
110
24
92
100
M-N
26
96
155
117
Bait
50
8
Boston United Gas bonds
Buffalo City Gas stocklOO
1st 5s bonds
Chicago Gas
Si e
N
8
Y/
st k
26
32
95
96
Bosto n list
5
70
6
75
Exch
;
list
Consuni Gas (J City)
1st Os 1904
M-N 8103
Detroit City Gas
50
75
-
Y Stk Exch
See
Hudson Gas 100 31
X'
82
list
Essex &
35
Fort "Wayne (Ind)—
1st 6s 1925
J-J
48
Grand Rapids Gas—
1st 5s 1915
F-A 8104*2 106
Hartford (Ct) Gas L...25 t 48
50
Hudson Co Gas
100
32
33
5sgl949
102
103
l€rand Rapids Ry
100
25
27% Indiana Nat & 111 Gas—
Preferred
1st 6s 1908
loo
81 Vj 82*2
M-N 55
60
S_ 8 Buyer pays accrued interest.
t Price per share.
-J
Stock
Metropolitan Ferry 5s...
N YcfeE R Ferry stk.100
M-N
1st 5s 1922
N Y & Hobokeu stk.100
Hob Fy 1st 5s 1946 M-N
Con
J-D
5s 1946
New York & New Jersey
1st 5s 1946
J-J
loth & 23d Sts Ferry 100
1st mort 5s 1919. ..J-D
stock... 100
1st 5s 1920
M-N
Union Ferry
Railroad
Chic Peo & St L pref.100
Prior lien g4t2S'30M<fcS
Con mtg g 5s 1930. JA-J
Income 5s 1930
Denv & So stocks See S
J-D
5s 1929
Detroit Sonthu (w i).loo
Preferred (w i)
100
1st 4s 1951 (w i) ...J-D
Ft Worth & Rio Gran 100
.
Ft SCcfc Mem pf (w i
Refg g 4s 1930 (wh issj
KC
Pitts Besscfc
93
8
3
174
115
85
40
3
4
65
99
8I4
42
100
30
45
....
4
110
106
M-N
Internat'l Pump
Internat'l Silver
Os 1948
10
44
95
no
International Elevat.lol;
Internal PowCo pref 101
110
6
1
65
101
110
120
Coinnierci,
58 1910
"a
4
35
Preferred
100
Hkr-J ones-Jew 'IMil
1st Os 1922
M-S
Herring- II all Mar vinl 00
100
1st preferred
2d preferred
IOC
llohoken Land<fc Imploo
list
list
7
14
Exch
Exch
Si
See Stk
list
list
96
J-D
t
1
1
.
I
!
/
I
I
50
50
B
1
I
10
f
sv
Amer Hide & Leather 100
9
7
100
Sloss-Shcltield
30
St era
list
Swift
I
57
80
si
.,v
8*2
38
list
05
50
t
5
9
100 108
8101 102ia
Tennessee Copper
26 t 1S 14 19
90>2
Texas & Pacific Coal. 100
1st 6s 1908
A-O 8100 110
Title Guar A- Trust. ..100 500
530
Trenton Pottery com 100
5
8
Preferred
62 V 67 "a
100
Trow Directory new. .100 70
Union Copper
10 t
5
5»s
Union Steel & Chain. 100
30
40
Preferred
100
7iv 71 34
L nion Switch <fc Signal 50
Preferred
50 t 88
91
00
Union Typewr com.. loo
64
1st preferred
100 119 121
2d preferred
100 110 118
7
D 6 Cast Iron Pipe. ..loo
S
33V
loo
Preferred
32
29 >2 31 1-2
U S Cotton Duck
100
90 '4 91*4
lou
Preferred
50
U S Envelope com... 100 40
Preferred
90
99
39
U s Glass common... 100
140 145
Preferred
U S ReduetA-RefmhiglOO 41 V> 42 V,
59*2 60
Preferred
100
A-
1
i)0
37 V
98
52
12
195
20
59
list
3
11
70V,
85
19 3
4
390
15
102
Power
Co
32
125
70
1
list
150
ge
list
1001
1st 5s 1910-1914. ...J-J
American Screw
85
100
Amer Shipbuilding... loo 35
90V
Preferred
100
Am Soda Foun com. .100 3
45
1st pref erred
100
100
8
2d preferred
180
5<
American surety
24
100
Amer Strawboard
F-A 100
Bonds 6s
Am Typefo'rs stock.. 100 55
Amer Woolen See Stock Exch
1 34
Amer Writing Paper. 100
100
9v
preferred
J-J
69 34
5s 1919
loo
75
Anthracite Coal
10
1 00
Bar ney & Sm Car
100 120
Preferred
50 140
Bliss Company com
50 135
Preferred
Mort Guar... 100 350
Bond &
Brit'h Columbia Copper 5 f 14
100 100
Celluloid Co
28
117
Stillw-BiorASm VpllOO
list
list
Amer Locomotive See Stk Exch
Amer Press Assoc'n.lQU 80
Exch
Set
standard Coupler com 100
loo
Preferred
v 10 v
36
Exch
55
5>...
10
1
t
Preferred
6s See Stock
50
1
:
1
LE
Preferred
i_
Cincinnati Gas a- Eh clOO 1041 L04 34
Col Gas Lit Heat coin loo
85
Preferred
100 Iooh 101
1st 5s 1932
J-J 8104
106
Consol Gas (X J) stk.100
131.
12
5s 1930
1st
J-J
30
Detroit Gas
19.11. J
.See
70>4
26
99
Iron Steamboat
25 ..
2>v,
130
140
John B Stetson com. .100
Preferred
135
t
10
100 125
14". 14 34
Stock Exch La list 01 Monotype
20
8
11
Lawyers Mort msux.lOO 185
3
1'..
t
110
1 4 Lawyers' Surel v
100 100
Stock Exch Lawyers' Title Ins. ..100 308 320
Lonllard (P)uref
IOC 120
195
Madison Sq Garden. .100
10
50
M-X
t
93
2d Os 1919
75
7V 8
Mex Nat Construe. pi loo
l-iv 14=6
22
23*2 Monongahela R Coal. .50
46^ 47 >4
03
Preferred
50
06
119
100
100
Mosler Safe Co
18i«
ll l l 12 H} National Carbon
100
17*2 20
82
Preferred
100
22>2
70
21
Nat Enam'g & Stamp 101
72
83
See Ba lt list
Preferred
IO0
86
3
Nat'l Gramophone
100
5
National Salt SeeNY Stk Exch iist
20
National Surety
100 145 155
9,9,
27
32
113
New Central Coal
20
114
Exch list
100
85
N Y Loan & Imp
NY" Biscuit Os 1911. M-S 114V 115
108
110
IOI4 11
X' Y El V Tr ($20 pi
66
70
100 150
170
8 96
N Y Realty Corp
97
81
Nicholson File Co
100 120 34
83
9V„
113V, Ontario Silver
8112
100
8
32
8 92
Otis Elevator com
100
33
93
Preferred
96
98
100
105 V, 107
Pittsburg Brewing
25
50
25^
75
50 t 43 V 43=8
80
Preferred
31 s8
8105 108
Pittsburg Coal
100
9iv
94
40
100
41
Preferred
Pitts Plate Glass
100 173 173 Hi
8 96
98
oston Ihst
Planters' Compress
Pratt <fc Wliitn pref.. 100
87
4
Procter cfc Gamble... .1 00 339 340
5
8105 107
Preferred
100 205 208
100
90
Royal BakPowdpn
92
ockEx list.
13 3J 10
Rubber Goods M tg
tk Ex list
03
Russell it Erwm
25
160
95 V Safety Car Heat A- Lt loo 155
123j 13
Simmons Hardw cum 100 105 170
40
Preferred
141
100
41
S3 1 - 84 v.
2d preferred
100 140 145
Sin ger Mfg Co
loo
250
7hi\ 5>2
*2 Standard Milling Co. loo
S7V Preferred
87
lou
19
21
8
07 V 70
34
5s
35
71
Standard Oil of N J. .100 705 770
t
71
alt Ust
Stand Undergd Cable 100 205 220
Amer Graphophone...lO
list
1-16
100
A-O
5s 1948
21
loo
<
125
118
SI
list
170
165
Am
Am
CITIES
Light & Tract. 100
Preferred
loo
Baltimore Consolidat See
Amcr
5a 1938
Con
300
Exch
100
00
Empire State Sugar.. 100
1st Os 1915
J
Empire Steel
100
loo
Preferred
loo
Q eneral larriage
> ueral chemical
100
Pr. ferred
loo
Gorhani Mlg Co con.
loo
Preferred
55
Industrial -and Miscol
25 r 27
Aberdeen Copper
Acker Mer & Condit...6 100
Amalg Copper See Stock Fxch
Agric Chem See B oston
Amer Bank Note Co. ..50 t 55
Bicycle SeeNY'stl, Exch
2. .) v
American Can com. ..loo
73 V
Preferred
100
83
American Chicle Co.. 100
79
100
Preferred
115
108
130
150
116
100
Bay State Gas
Binghamton Gas
Ferry Companies
Brooklyn Ferry stocklOO
Seaboard Air Line See
Exch Ust
J-J 8113
J-J 108
Consol 5s 1945
Standard Gas com
Preferred
1st 5s 1930
U nited Electric of N J100
NY&Blst6s
07
1
4s 1929
Unit ElecLt&PoCo..50
Preferred
108
Gas—
1
NorUn
loT-'j
107
Exch list
ENC
list
Coney Island* BklynlOO 325 330
103
J-J 102
1st 5s 1903
Sscrtlsindbt 1903.. J-J 101
N 5s 1939. J-J 111'. 117
BrkC&
Gr St&New 1st 5s '06 F-A 104
Gr'pt &Lorimer St 1st 6s 106 109
<gteimvay 1st 6s 1922.J-J
Bid
-.
1
Kings
Co. 25
Preferred
100
Rholsl Elec Protec ColOO
Storey General Elec. .10
P&M
5s 1933. .A-O
Brooklyn City stock. ..10
Con 5s .Sec Stock F.xcb
BklnCrosstn 5s 1908.J-J
Bkn Hgts 1st 5s 1941 A-O
Bklu Q Co A Sub See stk
Bklyn Rap Tran See Stl
Railways
Allegheny Co Lig't ColOO
Chicago Edison Co. ..100
Ask
(Street
2<>
1-.
•
I
Preferrea
list
.
Companies
Indianapolis St By S^e Phila list
20*4
Hob & Paterson..lOO
37
3
104'-.
4sgNovl 1949. ..M-N 8 81 h 82V,
13^4
250
Lake St (Chic) El stk. 100 13
103*4
J-J 103
104
Deb 5s 192S
111
Lonisv St Ry 5s 1930 J&J 118 120
list
Lynn& Bos 1st 5s '24. J-D 8113is 115
Minneap St Ry 5s See Stk Exch list
110
105
New Orleans City Ry 100 27 29
loo 102 103
Preferred
202
130
North Chic Str stock. 100
J-J
220
1st 5s 1900-10
23*2 25
100
North Jersey St stock 1 00
M-N 81V 82 1
185
4s 1948
list
Pat Ry con 6s 1931.. J-D 8120 130
2d 6s 1914
125
A-O 8103 106
25
30
Rochester Ry (new). 100
118
104 V
81
Preferred
100
84
410
Con 5s 1930
A-O 112 V
109
J-D
2d 5s 1933
99 V 100^
111
405
So Side El (Chic) stk. 100
Syracuse Rap Tr 5s 1940 100 102
70
Union Trac(Cliic)comloo
15 58 16
114
101
loo
Preferred
58 V
26*2 27*4
k Exc list
Unit Rys(StLTrans) 100
205
81
Preferred
100
82
198
212 216
Gen 4s 1934
J-J
89
90
3
§106*2 I07
Unit Tr & Elec (Prov)lOO 109 110
120
West Chicago St
100
8119
190 2
Con g 5s 1936
M-N 8100
115
8111
Gns Securities
110
8108
Ask
Third Avenue See Stock Exch list
108
Tarry \V
5a 1928 105
YkeisStUK.ls 1946A it 104'. 107
L3
2Sth A- 29th Sts 1st 5s '9( 109
115
Twenty-Third St stk. ion 105
103
100
3-3
Deb 5s 1900
Union l'.v 1st 5s 1942 F-A 110'.; 117
113
VVestchesl 1st 5s 1943 J-J 110
B B it YV E
Page Preceding.
7th
01
oba< co
<
-lock
121
n
17
07
4
26
07 '4
Diamond Match Co
Domin on Seouritlee.lOO
71
n
60
Cabinet Lock. 100 250
U 111 P
...25 1100
79
ps' Sh&Kn BldglOO
ji
<
110
45
16
56
10
00
nr Heatii
I
110
..Sloll
05
11
1
Havana
Edison El 111 Co Brk N Y
Edison Ore Milling ColO
Electro-Pneum'icTranlo
General Electric Co N Y
Do pref See Boston list
Hartford (Ct) Elec Lt 100
Xarragan (Prov) El Co 50
New York & Queens Elec
Outride Securities
For Weekly Review
;
12
120
International Ocean. 100 110
Mexican Telephone Bee Bosto
New Eng Telephone Set Bosto
Northwestern Teleg ..60 L22
N Y & N J Telephone 1 00 168
5s 1920
M-N 112
78
Pacific ct Atlantic
25
Providence Telephone. 50 t 90V
Southern & Atlantic. .25 100
Tel Tel & Cable ol Am. 15
3
Mfg
60
.1
100
loo
Preferred
Rubbei Tire.. 100
Preferred
100
40
105
07
102
119
75
1
1
Electric
101
00
Preferred
1
Eddy
100
100
100
1
Electric Vehicle
34
HellTclephof Buffa
Electric
ret
in.
4V8, 1905
Philadelphia
Boston
Weekending
J.
a HockCoaldfc] ]»! 100
1917
J
Compri ssed Air Co.. 00
1
Hudson EiverTeleph 100
$9,195,000
1st
.n.iooii
Lsl g 6a
&
Tcleirr
Telephone
VinorDisf Teleg(NY)100
EXCHANGES
Total bonds
.
Electric Boat
DAILY TRANSACTIONS AT THE BOSTON AND PHILADELPHIA
)
$327,431,610
Pi
II
11
1
22
4S
62
96
98
60
63
so '4
19
16
92
97
100
1-1'
central .<; So Amer... 100
Ches<fc PotoTeleph.,100
5s 1909-29
J-.I
lommer in Tel (N Y).25
Emp<6 Bay State Tel 100
Erie Teleg & Telep See
loo
Franklin
Gold <fc Stock
100
$711,322,170
JO
126
'•_•
1
$4,712,2001
15
'
See R oston
loo
18
1)1
1
76,438,974
199.718,764
2,287,7 12
tocks— No. shares
$223,889,200 $07,1 11,300 $19,449,482,075 $7,251,228,262
Par value
$7
$121, 175
$3,000
IBank shares, par..
BOHCa
$5,388,910
$15,200
$1,388,770
^Government bonds
$33,500
1,602,900
•J 1.000
2,224,900
3,000
(State bonds
820,439,800
710,713,500
18,500
4,676,000
SIR. and nils, bunds
26
1
•105
66
General 6a 194 t ..M-S
Syracuse Gas stock.. 100
1st 5s 1940
J-J
Western Gas f.Milv, loo
5s See N Y Stock
.Stock
Kxcliange
C
&
<
00
107 H; 110
140
111
8
Q-J
1st Os L926
Providence Gas
$9,158,500
$223,S
.v.
Ind Con Nat
>i
Cnesebrough Mfg Co loo
lo.v,
New Eng Gas
5,000
1
nun
28
7o
El Inc...
<} 1,
v
C..I
A-O
,
I
1,211
Chatcaugay
Ask
Bid
20
i
2d preferred
52
5s P.H
"$8JOO0
12,000
<i
45
.
48
D
$25,000
881,000
1
1
0s'24.M-N
r,og<fcWabV 1st 6s'25.J
Madison fWis) Gag—
1st Os prji,
1,170,000
10,800
43,701, mo
100,800
I
eG«
v a
Bondi
1
Bales at
.
Bond*
80,622,100
Q.790
0.300
e
BtaU
Par
Bit a ret
Bat or day
Railroad <<
Industrial and Mlscel
ul
m. works com 100
LOO
Pri ferred
Auk
't
'-alas
Si odes
Becoiitiea
Indianapolis Gae stock 60]
BO
68
1st Os 1920
99'- 101
,M \
Jackson Gas Co .... 60
71
66
5s g 1987
A <> 8101
102
Kansa
inn
20
5s 1922
A-o
103
02
de Gas
• jy stk Exch
I
'
[Vol. LXXI1I.
1st
97
mort 6s
U S Steel Corporation
See Stock
15
45
6
Universal Tobacco. ..100
100
Preferred
Va Coal Iron & Coke. 100
M-S 38
5s 1949
Westinsh Air Brake.. 50 t
White Knob Mining. 100 14
Worthing Pump pref.100 111
Exch
20
55
9
40
183
17
113
August
24,
THK (CHRONICLE.
1901.
383
Boston, Philadelphia and Baltimore Stock Exchanges— A Dailv and Yearly Record.
Sales
Share Prices— Not Per Centum Prices.
ACTIVE STOCKS.
of the Range of Sales tn
laiiinlav,
Monday,
Aug.
Aug.
17.
Wednesday Thursday,
Aug. 21.
Aug. 22.
Tuesday,
Aug. 20.
19.
86'* S58* 357*358
358
3S8
268
180
179
•240
180
242
179
•340
180
•840
193
180
243
180
848
193
•
193
168
183
67
•
ib'o*'
68
•64*
130
68
is'6"
87
88
145
368
179
842
i92* 192* •19.* 193
166
1C6
18*6" 133
138 II 8
68
67
8644 86%
64% •84*
148
8S
146
86
146
86
38*
8H* B'*
03
148
87
98
98
35*
8f-T4
93
•28
•208
V3'l
80S
7%
21*
72*
26
87%
48H «8%
96* »'%
«ew 4P*
»*% 97*
* 8'*
39* B8M
81
90
90
9
89*
(-944
61*
B9M
9t*
89* 29*
SUM
89
K
*
133
126
132
188
740
74U
740
740
•145
3t* 35*
8'% 89
93
93
85*
•25
808*'
25* 26*
•98
•808
'.'.'.'.',.
100
71% 73
73
81 5-id 9-16
3V% 3944
2644 15-16
38 * 38*
91*
: V
19*
1
,
87*
2 S
99'%
•18*
•96
100
90
28%
18* •16%
97
97
119
•28
•89
•88
l'e'i* ie'a"
183
161
738
*
*
*
*
*
74'J
iiuuiet
Viii 'Vc ji
74
38
•87* 38
48
•3744
48*
48
48
88
74
38
48
69
37
48
e9
5*
5*
48
69
5* 5*
5* 5*
1'* 11*
It
11
3794
74
69
8
74
E8
48
89
6
47*
47
&*
'si
*
•70
•79
70
•
79
79
80
Bid km. sskedprloet
75
•79
80
Amer. Rallwaj i(Fhil) 50
4 Charlotte(Balt) 10C 158
Boi 4 Maine pf.(Boit)100 170
100 300
Boston 4 Pror. "
Oonn 4 Pastum " 100 160
Oonn Klrer.... " 10C 270
39
OonsolTrPittsT(Phll) 6L
60
"
60
Prttft
,...
48
Os South 4 Fla.(Balt)10o
"
100
97
lit pref
"
100
id pref
S'rmant'n Pan(Phll) 50 t 88
6(
Heitonr M 4 T "
6i
"
Pref
•
"
10(
"
•
888*
'•••«
••••
•
i«t*
50
50
HorthPenn.... "
Pere Marqu'te.(Boit)10C
10C
"
Pref.
Phil Germ AN. (Phil)
••
Phlla. Traotlon
5(
6<
69
79
71
81
104
100
Weit Hnd pref.(Bost)
Weit Jer A 8 8. (Phil)
118
85
5(
5.
WestNY4Pa.
"
5i
Wis Cent, new.(Boit)10(
"
10(
Pref
wor Nash 4 B.
"
Pref
i.80
DnCopLAM'g
•
Amer.Cement.(PhU)
Am Geld
Amor.
i.
AmTnei
Dredg(Boit)
*8.
(Phil)
If
n
4
"
2:
"
14*
"
!*
Atlantlo Mln'g.
81
8:
2!
"
Baltic Mining..
(Phil) 5(
Bath Steel
Boston BlecLt.(Boit)10c
Oambrla Iron. (Phil) 50
Cimb SDrexo' rect " ....
^Bait) iui.
.il.uii v_u
2f
t
CumbTelA'Jel
'•
ICO
Mlu
"
80
D. ly-West
DanvBe8semer;Priii) 'V
"
10
DeLong H & E
"
Diani State St..
10
...
ifDomin Coal pf.
28S>
(Bost) 100
Dom Iron S.H "
Easton Con EL (Phil) 50
Edison El 111.. (Bost) 100
ElecCoof Anil] (Phil) 50
4*
87
65* 16
at*
26*
98
8
8
3
244
13^* 140
39
40
*
"2*
M
5
to
114
33
:4
It*
240
850
7*
* s
•
-
83
*
68*
Deb4s
171
173
C*
6
\
88
J9
2*
"87
1944
SO
7
i
97
hi 5
I
i
84
55
M4N
102'
• 4 • 8 t
•888
•
85
alOl
5
89
5b
92
t
97 Si
117
fc8
68
86*
iie'k
Bxt4Imp6s.l901MA3
M4N
2d 7s 1910
1
* 4
••
•
1
nit*
§ • •
• »
••
• • • •
•
• • •
4)
CityASub lst5s.l922J&D 118
90
Clty48ub(Wash)lst5s'4H
Col4GrnTlst5-8.1917J4J US
Consol Gas 6s. .1910 J4D 112
5s
1939 J4D
Ga 4AtalNtpf5sl945A4o
GaCar4Nlst5sg.l929JA.
GeorglaPlst5-6s 1933J4J
Ga8o4Fla 1st 5s. 194 5 J*.
KnoxvTrao lst5s '28 AAf
Lake R Bl 1 stgu5s'42M At-
}R7
{109
92*
KC8tJoACB7s.'07JA.i {lie*
LRookAF81st7s.'05JA {105
Mar H A Ont 6s...'25 AAO 1118
}
1'8
102
105
115
128
100
Norfolk 8t 1st 5s '44. J 4.1
NorthCent4*s. 1925 AAO
6s 1904
JAJ
Series A 5s 1926.... JAJ
Series B 5s 1926.... JA.
Pitt Dn Trao 5s.l997 JA.
187
1 2
87
120
87
3«^
35*
23
14
Jan.
Jan.
Jan.
8ecATTn(Pltts)5s'34JAL
SaT Fla A West 5s '34A4<
Seaboard A L 4s 1950...
Seab 4 Roan 5s. 1926 J4.
Bound st 5s '41. AAO
UnBlL.APlsl4*s'29MA^
Un By A Bl 1st 4s'49.M*tr
90
MAN
BallsTerlst5s.l926JAl'
BergABBrewlst6s'21JAJ
Cambria Iron Bs.1917 Ji
8
13
18
8
18
S
112*
112
•
•
t • •
•
Illl
121*
18l*
M
A
1st 4s.. 36
MAN
1903JA
1910 Va.
Consol 6s 0.... 1905 Vai
Consol 5s r.... 1919 Var
Penn A Md Steel oon 6s.
Pa AN YCan7s.. 08 JAL
1939 AA<'
Cons 5s
1939 AAf
Cons 4s
r...
8teel lst5s.'17
il
112*
116*
Ms.
People's Tr tr oerts 4s.'4
Pht'.a Bleo gold trust Otfr
Trust oertfs 4s
Ph4Kr gen M 5g.'20 AA<
Gen M 4s g.. 1920 A4(
Ph A Read 2d 5s.'33 Ai>
M 7s. .1911 JAi
Con M 6s g... 1911 JAHxtImpM4sg.'47 A4«
Con M Of '88 4s.'37 J A
112
97*
78* 73
>••••
62
112
60
11(11)
109
116
118
96*
97
117*
117
109
104
Consol
117
123
103
Lehigh Nav4*s..'14 Q-.
1914 y-i
RR4sg
Gen M 4*b g.. 1924 Q-1
Leh '/CM lst5sg.'33JA
Leh Val ext 4s. 1948 J Al
1910 M4.
2d 7s
1923 JAI.
Consoles
JAI'
Annuity 6s
Nat AspLalt 5S.1951 J\J
'48 J *i>
New'k Con Gas 5s
Newark Pass oon 5s.l93>
NYPhilANorlst48'39JA.:
Income 4s... 1U39 M4N
101*
1
lot* 101
108
Penn
iiT
96*
Choc&Mem Bt51f49JAJ
ChoookAG gen 5s'l9J*.,
GenM7s
"62% 03
lit
AeV
113
93
ChesADCanlst5a.'16J4
Penn gen 6s
So.
2d series 8s.. 1911 M4t3d series 6s..l916MAf
4th ser 3-4-5s.l931MAe
5th series 5s. 1938 MAH
Bid.
,
PotomVal lst5s.l941JA.i
Income 4s 1949. ...J AJ>
TlrgMldlst6s.l906M4r
85
131
No Penn
10744 .03
NewpN&OPlst5s'38MAN
111
286
.
A40
Maryland Brewing 6s ...
Met8t( Wash) 1st 5s'25FA
New Orl Gas 1st 5s...Vai
Illl
Jan.
10* July
40
54
88
• • • • •
3
80
8
18
18
Jane 30
li
128* Jan. 8
4
89 Aug. 21
4
87 Arg. 18
8 17
Mar. 80
1H 55
Apr. 18
1C
75 Aug. 31
4
80 A; g. 93
Income 5s... .2862 A4(
Bq IllGas-L 1st g 5s. 192
Hestonr M 4 F oon 5s. '2
H4 B Top oon 5s.' 35 A v<
Indianapolis Ry 4s.. 193:
•
1st 6s tunnel 1911..JAJ
Bal Trao 1st 5S.1929M&N
MaoonANlst4*s'90MAH
|l04*
23*
441
860
BlmAWUm
'
IOC*
10**
4*
AA
BaltCPaslst5s.l911MAN 109
Fundg 5s.l916 MAN • • •
Exchange 3*s.l930J4.1 110
BaltAPlst6sml 1911AAO ••*•
Bait
Bxt 4 Imp 5S.1932M4S ntfltj
ChasCltyRylst5s'23J4J
Chas Ry G 4 Bl 5s 99 M AH
CharlC4A ext5s.l910J4J 113*
*
28
,
Atl Coast L otfs 5s J4D
Bait Beit 1st 5S.1990M4N
30*
6
27*
Cit s'8tRy(Ind)oon5s.'3;Colum St Ry 1st oon 5s.'3
Con Trao of N J 1st 5s.. '3
Del A B Bk lst7s.'05 FA^
Bast
1st
5s.'20 M4-"
Bdison Bleo 5s stk tr ctf t
Blec4 Peop's Tr stk tr ctf
1st 6s.'10 J
114*
1st 7S.1907
Conr'rtlble 5sl906M4N
Central Ry 8s.. .1912 J4J
Consol 5s.... 1932
ht7
hoo
Unst'p'd 1st 6s.'33 A40 {1^5
Ulln Steel cony 5s.' 1 J 4- {1C0
Debenture 5s.l913A4* {100
KCC4 8 1st5sg.'25 AA(
K C Ft SAG 1st 7s.'08 J41' { 13
K C F S4Moon 6s.'28M4r- {lk7
KCM4Blst4s..'34 M4f { 99
88
Income 5s
li CA M Ry4B 5s.'29 A*<
J107
ja
1916
4 Pot
B8
88
30
4
90
1
Atl City 1st 5sg..'19
NoBaltDlT5s.l942J4D i2C*
3
"*3*
66
4 Ch
S
11
8
10
18
Fund debt2-3s.l991J4J
94*
West N C oon 8s.l914 J4J 118 •••8-8
WestVaC4Plst6g.'llJAi 113* 113*
WU4 Weld 5S..1935 J4.I 181*
Bonds- Phlladelpb li.
AUeVyBext7sl910AA< 135* 127
55
Asphalt Co 5s tr 0tfsl949
15*
. .
38* 43 *
97* 98
10:*
{....
DG RAW 1st 4s.' 46 AA> { 99*
Domin Coal lst8s.'13MAr «i:o*
^ast'n 1st M 6s g.'06 M4r (111* 113
Fr KlkAM Y 1st 6s '33 em 3137
4s g.. 1911
1st oon lno 3s g non-cn c
3d oon lno 3s non-oum..
A40 «103*
A40 {103
J4J
A«G-Llghtlst5sl917J4D
Atl
10
88
Feb.
Feb.
Jan.
Apr.
Mar.
Feb.
BONDS
65
54
I
Bonds— Bill tlmors.
15
Jan. 18
Mar. 4
*
Baltimore— Conolu'd.
Va (State) 3s new. '32 JAJ
lstmort6s.. ..1905 J4J ao-;*
Rutland 1st6»..'02 MAN «108*
Rut-Can 1st 4s 1949 J&J
Sent Elec 1st nsli-3 FjlA si 4* .00
Torrington 1st 5s 1918... t
Anacostia
61
14
BeilTel4s..l908 J4. {100
Boston Term'l 3*s. 1947
Bos Un Gas 1st 5s. '39 J A.
1939 JA.
2d M5s
Bur* Mo Rlr ex'pt «s. J x
Non-exempt 6s. '18 JAJ
811 k fund 4s.. 1910 J*.
Cent Vt 1st 4s 19c0. Q-F
Cn Bur <g 4S.1922 t»A
Iowa Dlr 4s. 1919 AAC
Ch lcago J uno 5s. 1 9 1 5 J 4.
Ch 4 No M gu 5s..'31 M4r
Chl4WMgen5s.'21 J4I
Curr't RIt 1st 5s.'27 A4(
1907
1937
West Bnd Bt 5s. .'02 MAN I ....
1914 MAK KiMIt
4*s
25
25
(Bait) 50
Adjustment g 4s..l99C
1st 5s..
Tele 5s.'10
6s
4*
3*
l53*J Q 'e 8
Jan. 30
8*
Jan. 30 18
Feb. 14 99
4 148
Jan.
May 9 38*
July 18
8*
May U 41
25
275 113* June
494 30* Feb.
(Boston) .... 50
"
.... 50
,
Bid. Ask
BONDS
Boston— Conoluded.
NewBng con gen5s'45J4J I
N BCotYarn 5s 1929F4A 1108* 104
New Bng
1
Bonds— Boston.
Mex Cent
128
27
f,945
6,829
4,149
....100
4* N Y4N Bng lst7s.'05 J 4J «U0*
101
100
1
1W
Franklin Min'g.(B08t) 25
19*
" 100 i08
261
General Elect. .
" 100
Pref
• •
" 100 '"4
Ind-Egyp Com
"
1
IntButH<fc
10
IutSP&Dynani(Phil) 50
9*
Isly Royale1I..(Bost) 25
48SJ "43J«i
Manuiao Rub.. (Phil) 50
*
*
"
Pref.
50
SM
4»»
"
"
.
if*
,
&
P*
,,
iu. 18
1-18
NHGas AC
?*
if
AT48Fgeng4s.'95A4(
rrei
Arcadian
Arnold Mining.
Ack.
11-6 21
.
••
June 13
Jane 18
-.4*
91
Jan.
July 26
Apr. 3rt
4*
8*
20:
56
(Phlla.) .... 100
.
Si
139* June 18
21
81
3*
T
4 Mfg.
80
*
"
.... 25
5 paid.. (Phlla.)
(Bostonl.... 25
Bled
'
12«H
60
....
"
Telephone....
Preferred
7
Am
e>4
25
...
(Bait.) ....loi,
Weitlngh. Bleotrlo
13
108
't*
e*
5(
mferT<i>ott) 5
5i
"
Central Oil.... (Bost)
CcnMercurgo'd "
Bid.
3*
47
140
8*
91
"
(Boston)
Welabaoh Co.
I
United Fruit (Bost) .100
25
U 8 Mining.... -'
" 4-8
Utah Mining..
Warwick I 4 8. (Phil) 10
50
Westm rel Coal "
Winona Mlning(Bost) 85
25
Wolverine Min. "
••••••
20* 8'*
45
180
10i
DnElL4Powpf
113*
see*
M18CHLLANBOU8.
Allonei Mining (Bost)
fO
71
80
Susquel 4 87.. (Phil)
5
1H
Tamarack Min.(Bost) 25 342 350'
8*
Tidewater St... (Phil) 10
29
28
Torrington"A"(Bost) 2:
••84
"*8*
•
Ry» Co General! "
...
Rutland pref ..(BoitUOO
umiMn J.... (Phil) 100
85
UnPow4 Trans "
8
Mar. 88
Apr. 88
Jan. 18 180
July
4 183
Jan.
May
68 700 Arg. '.3 880
Mar.
15,720 1544 Mar. 27 31* June
5,39- 30* Jan. 80 31*M»y
5 c 58
Jan. 30 85* July
1,10' 25
Aui. H
Apr.
884 40 Feb. 11 76 Aug.
488 33 May 15 44 Jane
690 48 Mar. 21 99 Jan.
18* 63* Jan. 21 79* Apr.
914
49$ July 18
7* Jan.
....85
paid: ects.(Phlla.) .... 50
Dominion Copper
'id
5*. Philadelphia
80
80
Old Col Mining (Bost) 2C
25
Osceola Mining. "
Palmetto Co.... (Phil) 25
Parrott 811 ACop( Bost) 10
PennBleo Veh.(Phil) 50
"
Pref
00
00
Pennsyl Salt... "
"
Pennsyl Steell.
....
"
Preft
100
"
Phlla Co
00
,
Plan tersCompT(Bost) 100
"
25
Quinoy Mining.
85
Rhode IslMln.. "
5
Santa Tsabel G "
"
eeattie E c c rio
100
"
Pref...,
100
•8888
•
se e«4)
"
50
Maine Central. (Bost)lOO
Mlnehlil4 8H.(Phll) 50
esqnehon'g V.
31*
•47
•69
NewBngGiAC t " ....
New Hav 14 S.(Phll) 5
100
1
Jan.
8*
9
1
84 117
4,514 151
....100
....100
"
New England
a 20
<ex Telephone
813*
Mining
consolidated «ia»
139
5*
.
380
"
84* Jan.
35* May
900
BOO
•36* 3"* Trir.lty Mining
•lie* 116 United Gag Improvement 1. (Phlla.).... 50
•88* 89 United Shoe Machinery
(Boston)..., 25
•36% 27
Preferred
.... 26
IB
IF* United States Oil
"
.... 25
'dBrew asa'pdt Bait) 100
"
10'
Pref., rsst.id
4or»ent,haier . (Bolt) 1 0C
303
"
"
Ilecla
Cei tenDlal
MI8CBLL.—Conoluded.
All
10
1544 Mar. 15
9-:* Jan.
8
3,74 8
Reflnlng1.(Boiton)....100
PreferredT
STOCKS-BONDS
Bid. Ask.
23.
4b
BA1LBOAD8.— Pricet Aug.
4
10
701
94* New Bng. Cotton Yarn, pref.(Boiton).... 100
94
»137
34
70* 70*
80
dttfrar
Uamb.Steel,
no tale wa made.
INACTIVE STOCKS
Indi Street
Little Sohuylk.
75
80
Sj
•e9
6
i
71
May
99
37
.'an.
24* June
27,9'
(Phlla.) ....100
Ojnsol. Lake fuperlor
"
7 *
Preferred
....100
E834 Dominion Coal
(Boston).... 100
"
47* Krle Telephone
....100
70
Lehigh Coal 4 Navigation... (Phlla.) .... 50
6
"
Manden Col
....100
"
544 National Asphalt T
.... 50
38H
94* 9<* •94% 9<% •94* 94* •94* 9<* •94* 94*
188 13s
139
1F8 188
189
189
80
31
32* "3*3
35
30
83* 34
'SC* 3044
f* 5*
B* 5*
5% 6*
5* 5*
6* 6*4
8f% 38*. 37* 36* 37
88
38
E6
85* 9'k
115 115
115 116
116 116
•83
-S* :o
•33
38% 39
8F* 37* 38
87
87
i7
87
27
87
8f« 27
2644 37
•13
12
18
13
•i:* 13*
12* 13
•11* 18
70
•79
83
900
204
r
128
183
Preferred!
18 * If 8* Amer. Telephone ATel.Co..
738
*4% S5V 35% 2«*
29% 3 * •84* 30 h
60
65
e;* 65*
3f* 25% 25* a:*
74
88
48
69
H6
8,865
(Bolton). ... 10i
iulKaraated Coppert
"
....100
Amer. Agrlonl. Chemloal T..
"
....100
Preferred l
(Phlla.).... 50
Amerloan Alkali
"
.... 50
Preferred, 810 paid
\
134* 13«* American
740
5
*
3d preferred
30
89
29
740
5<
miscellaneous Stocks.
89* 89%
184
128
163
5'
....
....
....
,
-.•aboard Air Line
181*
*
WH
5
10.
llf* 119
134* 134
N
"
5
•
(Bait,) ....100
"
....100
Preferred
(Boiton)... .10'
Union Paoloo
90
"
....100
Preferred
28* Union Traction, 817* paid. (Phlla.).... 5<
16)4 United By A Kleo. Oo
(Bait.) .... BO
97
(Boiion).... 5'
Weit Bud Street.
5<>*
B0»j
.ID iteadliiK Company
3X44
lit preferred
Highest
251 Jan. 3 880 Apr. 16
11V 159* Jan. If 190
Jily 17
9 238
I 248
July
Apr. a*
lev 190
May 15 i' 'i Apr
14 * Jan. 81 163
June 19
e 138
Jan.
135
Apr. •
8"!^ Jan. 2i 75
May 18
800 45 Keb. 90 59* y» y is
10f 139
Jan. in 148
Apr. 98
26* Jan. .
May X
3,767 24 Jan. 29 45 July
1
f 88
77* Jan. 17 96 ,'unell
7'
13* Jan. 39 29* May 8
38* Jan. 11 100 June in
5 305
Jan.
2 213* Apr. 88
50'
69 May I' 81 Apr. 88
97,980 13* Jan.
i 24 i-iejuue 4
4,400 32 3-16Jan.2t 40 Sj June 17
9,345 19 Jan. 4 39 7-16May 1
5,001
9* Jan. 3' HO* June 81
3,860 344| Jan. 8i
54
June 81
5,331
78* Jan. 4 138* May 8
,
73*
87
8846
740
98
Lowest.
8H
100
"
"
"
"
)
sa
147
93
94
740
67%
35* 3f*
8"* 8hT«
"
fall paid..
....100
....100
iioiion * Maine
....100
cmo. Juno. A Uu.Btook Yds.
....100
Preferred
5o
tiunt c r s. (Phlla.
Ol'tV*".
"
.... 50
I'roferrbd Tr ceitfs
(Boston). ...100
ntohburu, pref
(Phtla.).... 50
i.olilKh Vallsr
Maasachaietti BlsoU Cos. 1.(Bo»*on)....100
"
....100
1'referredl
"
....100
Mexican Central
(Bait.) .... 50
Northern Central
(Boiion)....l0i
old Colony
(Phlla.).... 5'.
I'enntylTanla
166
•145
147
imds
:
Shares
Knllroitd MloeltS.
(Boiton)....100
Albany
Huston KISTated,
n,,aton A Lowell
198'
•Oil*
•54
55*4
P0%
97
35*
179
2244 2 1
8J% 93* 23* 38% 23* 84
f9
29*
i.9
VH 31
Sf* 88>g 38
•8*% 65
6444 65
«5* •6«« 85
5*
85* 35
85%
•
>
67
97
1*5* 125^
161* 16i* 163 18i*
185* 128
162* 163
67
3744
133% 184
18::%
i'3'3* iVa'lt
llH
158
•
•180
9U
116* 118
116% 118*
•9H* 29
89% »P* '9h* 30
89
89
81% 88
81'* 89%
1134* 115V*
868
1901.
Week.
f Indicates unlisted.
^J.
179
•240
193
158
•180
18* 16*
Si
nr%
114
179
•840
193
3744
»-%
27*
16* ie*
98* 86*
27
*8*
38
50
99
•90
*
»-'-.
90
•87% 87%
•87% 88
•16* 10%
•lew
et* 86* 88* 90%
13-16
3844
49*
4996
98
7244
38% 89
8814 38*
98 8-16
-'7* 2714
2."*
98
308
21 1-16
89 1-18 39*
3614 88 3-16 9**
38
28
«7»4
•
SO 13-18 M.
780
93
2644
208
71% 78%
7f*
*
98
•35
•97*
•808
..
•78*
147
86%
8f* 88*
93
98
34% 38*
8f*
147
85
35
38* 88%
Aug.
868
170
•
54% 54* •54*
56
146
Friday.
P
Terminal 5s g. 1941 Q-i
Wll 4 Bait 48.1917
Coliat trust 48.1921 J
A4
A
1997 J A
Read Co gen 4a,
Rochester HyconSs. 193
8ohKBSIdelst5sg'35J4U
Soran Trao 1st *s
'
•
• S 4 • *
no
82* 83
• •
• •
110
81
117
116
125
.
124*
131*
•
•
•*
100
• •
-
117*
•
448
>*•••
• t » 4 1
8
80
116
105* 10f*
182H 183*
103
187
114
110
110
94*
t s
H
••
6
5
108
•
18881
64*
lis
109
111
131
•Illl'
108
108
125
•
•8*1
ill
•
8 t
••«
•
* •
888
* •
448
•
8*8
108
•
•
•
8 S (
10.*
Ill
32M *:•
DnTraoPlttsgen5s'97JA
Welsbachs f Ss 1930. JAD
lAnd Interest.
•Price tnolades OTsrduo ooap
•
75
•THE CHRONICLE.
384
rvon. i.xxiii.
%unzstmmt unA ^ilxoixA Intelligence.
RAILROAD EARNINGS.
The following table shows Hie gross earnings of every Steam railroad from -which regular weekly or monthly returns
ran be obtained. The Orel two columns of figures Rive the gross earnings for the latest week tr mouth, and the laot two
columns the earnings lor the period from July I to :ind including such latest week or month.
The returns of the street railways are brought together separately on a subscqvent page.
Notice Change— Our yearly totals now all dato from July 1.
Earnings
ROADS
Week
nr
Month
Adirondack.. . .. Juno.
Ala U1 Southern. 2d Wk Aug
May
Ala Midland
Ala N O .V- leva- I'ao Juno.
N O <k No East. lib wkJ'lj
Ala
*
Vlcksl.'g Ith wk.J'ly
Vlotmb Bh & P. UhwkJ'ly
Ann Arbor
AnnWa-hit
2d
Bal.
AtchTop dtSFe.
Atlanta & Char..
Atl Knoxv & No.
Atlanta &
Pt..
Atl Coast Line...
Atl Va'd & West.
Austin it North
Bait A Ann S L..
W
wk Aug
May
June.
Year
Year
12.887
$
190,031
'13,727
68,27
08,909
256
950,801
l
58,000
29,000
30,000
83,583
5,002
June
Juno
718,171)
B& O
May
Ohio....) June
Bait*
22,171
21,381
8,435
1,033,030
Southw.
July
April
<
Bangor & Aroost June.
Bath St llanimon June
Bellofonte Cent'] July
Bridgt&Saco B. June
Brunsw A West'n May
2d wk
BuffRooh&
Buffalo ASusq... June
Aug
BurlC Rap & No IstwkAug.
Canadian Pacific 2d wk Aug
Cent'l of Georgia 2d wk Aug
Cent'l Now Eng.. June
Cent'l of N Jersey July
Central Pacitic. May
Cent'l Pa & West May
& Sav May
Chattan South'n. 2d wk Aug
Chesap i&Ohio... 2d wk Aug
Charleston
Chio& Alton Ry.
ChioBurl & Quiu
Illinois.
Chic
ChioGt Western.
Chic Ind &LV...
&E
127,337
1,523
4,332
2,706
54,691
131,232
106,726
701,000
126,028
02,79
1,404,737
1,816,101
2,071
CG,09b'
2,913
July
324,584
827,658
June
4,088,957
wk Aug
wk Aug
wk Aug
ChicMilw&StF 2d wk Aug
2d
2d
2d
117,784
160,811
93,841
832,541
Date
<te
ClCinCh& StL. 2d wk Aug
Peoria &East'n 2d wk Aug
Clev Lor & Wheei IstwkAug.
Colorado & South June
Col Newb & Lau. June
Hock 3d wk July
Col Sand
<fe
Cornwall &Leb..
Cumberl d Val cy
Denver & Rio Gr
Denv
Det
&
Southw.
Mackinac.
&,
DulSoSh&Atl..
E St E & Carond.
Elgin Jol
Erie
& East.
Evansv & Indian
Evansv<& TH...
Find Ft \V& W..
FtW&DeuvCitv
FtW&RioGr...
Georgia
RR
Ga South & El a..
Gila Val G A; N..
Gr Trunk System
Gr Tr & West'n
DetGrHitM..
381.110
151,731
52,000
21,000
70,394
67.9
19,000
205,3s
26,673
4,577
59,459
3,946,956 54,474,822
175,755 2,1539,235 2,331,028 Mo Pac & Iron Mt
38.821
38,821
48,300
Central Branch
702,472
47,085
740,689
Total
766,812 7,881,653 7,586,746 Mob Jack 4KC.
15.105 Mobile & Ohio...
22,17
15,105
143,174 Mont
14,375
280,028
ex Gull
6,900
NaskCh &StL..
Nevada Central.
3,794,306 47,124,339 12,783,108
Hud Kiv
1,230,423 N Y Ont & West.
110,543 1,449,454
39,113 N Y Susq & West
1,029
39,231
2,317 Norfolk & West'n
4,332
2,317
40,478 Northern Central
4,390
39,602
635,837 North'n Pacific. <t
617,051)
57,433
701,916 Ohio River
791,701
113,115
732,991 Pacific Coast Co.
728,393
"84,985
440,725 Pacific Mail
493,972
571,000 4,193,000 3,607,170 Pennsylvania^...
820,090
740,764 Penn <fe Northw'n
106,390
704,092 Pere Marquette..
711,759
55,773
1.309,235
Phlla & Erie
1,420,707 18,005,900 16,936,666 Phila Wilm &B..
22,027 Pitts Bess & L E.
21,616
1,754
627,098 Pittsb C C & St L
696,217
63,957
14,243 Pittsb & West'n.
2,158
14,016
303,817 1,959,559 1,806,269
Pittsb CI & Tol
827,058
751,596
751,590
Pittsb Pa& F..
3,994,910 50,051,988 47,535,420
Total system...
700,911
617,808 Plant System100,546
138,093
Ala Midland...
464,990
75,991
565,393
Brans & W'n...
749,596 5,192,275 4,667,051
Chas&Sav
3,581,564 43,884,052 43,581,564
Sav Fla& W...
Sil S Oc & G
90.174
108.792
90,174
1
1
P&
1
&M
NYC&
322,209
38,162
44,521
375,011
10,920
22,284
26,816
98.8S0
229,200
223,915
88,742
61,047
11,723
158,048
3,332,253
8,358
33,491
8.345
127,468
6,721
117,460
99,002
37,303
503,109
66,828
20,098
2,337,500
300,946
251,334
4,794,649
173,261
65,929
279,877
1,080,877
1,464,500
1,789,200
880,740
363,247
12,048
1,483,302
39,102,302
42,852
183,277
10,695
2,099,525
649,095
1,834,679
102,592
366,182
3,527,031
205,185
67,038
•2,060,188
,723,100
2,060,188
403,529
155,841
2,679,558
112,114
374,657
3,056,457
11,043
51,965
149.108
05,824
01,700
48,473
6,013
18,196
630,603
144,379
20,735
402,213
34,340
366,257
174,191
403,529
155,841
2,679,558
032,979
4,371,266
3,056,457
11,043
591,677
1,413,816
446,303
353,200
•±9,057
46,514
493,041
10,342
22,147
June
31,160
June
95,228
2d wk Aug 227,000
March...
177,326
June
80.033
2d wk Aug
54,105
July
12,048
March...
191,451
June
3,552,007
2d wk Aug
0,476
2d wk Aug
33,499
July
10,695
June
100,918
3dwkJ'ne
7,939
June
117,780
July
102.592
June
28,070
2d wk Aug 594,920
3d wk July
67,120
3d wk July
21,657
Great North'n
StPMinn&M.
July
East'nof Minn. July
Montana Cent'l July
Total system. July
Hocking Valley.. 2 a wk
Aug
Houa & Tex Cent
April....
Illinois Central..
July
Dlinois Southern July
Ind Deo & West'n April....
111 & Iowa... Juno.
& Gt North'n 2d wk Aug
Wk Aug 3.
tnteroo(Mex)
2d wk Aug
Iowa Central
July
Iron Railway
Kanawha &Mich 2d wk Aug
Et Scott & M June
fO Mem & Biruj June
C
Kan City & N W. May
.
Ind
Int
Kan City
South'n June
Lehigh <fe Hudson
Lehigh Val RR..
Leh Val Coal Co.
Lexing <fa East'n.
Loa Angel Term.
Lou Hen A St L.
Louisv
Macon
<St
July
June
June
June
March...
July
Nashv. 2d
& Biiru...
.
wk Aug
July
,263,848
101,993
230,436
,636,890
9,209
53,410
106,879
61,903
75,400
40,707
267,101
4,844
0,013
14,034
108,900
432,101 0,818,047
120,037 2,042,002
27,197
305,391
829,471 4,753,066
38,660
3 1,340
2.342.434J2 ,205,077
1,858,374 ,823,500
34,217
35,134
15,301
10,589
"
57,040
533,825
8,526
or
55,894
489,015
6,951
357,879
128,104
57,010
3,379,260
8,526
Reading Co
& Read
July
Month
Year
wk Aug
June
Aug
May
Wk Aug 2.
4th wk .Ply
2d wk Aug
2d wk Aiie
2d wfc
2d
2d
2d
2d
wk
wk
wk
wk
Aug
Aug
Aug
Aug
WftAug 17
July
July
July
12,007
320.8 ie
466,144
128,846
43,892
69,200
18,610
02,742
98,022
3 2,04
1
I
439,468
151 (157
56,240
77,100
18,119
60,023
70,573
2 10,51.
690,000
31,000
721,000
001,000
31,000
632,000
2,513
481,400
,9
1
494,900
94,873 11.0,462
a625,205 0600,550
May
2,76
3,072
5,940,096 5,391
July
June
vfay
2d wk Aug
June
2d wk Aug
3d wkJuly
June
April
June
•
503,070 425,278
213,772 162,189
259,844 296,220
007,202 652,102
725,798 637,822
32,315
32,132
466,836 530,373
185,475 355,867
7,804,035 7,192,835
47,384
50,298
180,632 161,332
597,655 559,585
*
2,007
1,905,1 19
5,637,090
-73,207
590, .".or,
371
70,4
oris
Year
9
10,727
'2:10,644
1
Date
Current
$
July
2d
1 to jMttst
l'reviou*
Year
Current
Week
$
200,586 Manistlque
223,270 1 Mexican Contra!
872.757 Mexican Intern'l
t Mexican Nat'l..
140,253 Mexican North'n
50,252 (Mexican Ry
44,885 Mexican South'n
179,848 Minneap it St L.
00,295 MSt
8 St M.
10,811,184 Mo Kan <fc Texas
3,884,052
Ckic& North IV'i July
Peo St r- July
103,792
St L Ch & St P \
2,127,325 2,001,490 26,833,055 24,012,500
ChioRI&Pao... June
837,047 788.465 10,664,777 10,394,672
Chic St PM <feO. June
32,080
171,335
26,199
196,724
Chic Term Tr RR 2d wk Aug
99,084
643,049
368,959
67,642
Choe Okl & Gulf. 2d wk Aug
CinNO&TPac. 2d wk Aug 97,747 89,389 643,856 599,336
33.735
31,222
360,200
329,024
Cln Portsm & Va May
Clilc
Latest Gross Karnings
ROADS
Previous
Year
Current
Year
t,92
38,0 12
216,695
48,300
49,656
July
ImUH
1 to
1
1,617,435
May
July
1
s
10,727
1,875,749
5,041,793
901,137
570,079
4 05/2OO
00.051
f
419,86
614,805
e 1,837 ,80J
4,400,ooo
219,000
4,619,000
19,329
494,900
91,-7::
a625,205
29,668
505,231
1,123,4-7
3,644,0(io
191,000
17,981
4 1
1 ,400
10,462
a600
27,742
5,940,096 5,39 1,395
52322
4,963,483
2,291,590 2.388,344
1,827,294 1.70 1,422
7,996,348 7,885,248.
4,593,9-9 4,003,568
95,256
92,378
5,137,515 5,290,434
2,513,761 3,3082378
89,585,212 80,595,112
April
505,774
569,671
2d wk Aug
954,300
1,100,183
June
6,174,842 5,811,405
June
1,053,117 1,018,217 11,652.149 11.082,049
4thwk Mar
July
2d
54,022
47,782
1,044388 1,466,385
May
May
May
May.
May.
May.
May.
May.
186,582
115,276
46,502
77.324
68,274
54,091
66,098
393,464
18,614
wk Aug
223,234
128,978
41,237
89,150
68,909
57,433
63,957
350,608
30,053
,757,753
1,644,888
2,077,271
1,180,378
1
414,826
528,053
950,861
617,659
696,217
4,753,400
200,050
1,504,384
1,466,385
1,936.742
1,100.881
393,786
466,299
872,757
635,837
027.098
4,075,698
260,986
May
2,574,734 22329,242 25,720,336 24,441,528
2,810,616 1,817,801 26,315,337 25,573,891
5,415,350 4,147,043 52,035,673 50,015,419
Rich Fr'ksb & P . May
1 24,953
885,208
123,040
960,758
380,426
Rio Grande Jet.. March
433,341
41,145
40,231
Rio Grande So... 2d wk Aug
63,769
10,468
65,267
10,618
2,007,064 Rio Gr'do West.. 2d wk Aug
553,300
99,600
94,200
624,000
247,194 StJos&GrI
July
106,427
130,633 106,427
130,633
.7
214,323 StLKen'et& So. July
11,122
11,122
8,904
8,904
4,237,743 StL&NArU
June
83,934
15.735
114,597
8,072
172,388 St L & San Fran Id wk Aug 223.770 189,843 1,404,595 1,045,262
2d wk Aug 132,088 103,901
679,841
63,994 St L Southwest
757,339
159,354
299,497 StLVan&TH.. July
170,962 159,354
170,962
May
1,016,366 San Ant & A P.
189,664 147,889 2,486,639 2,013,102
July
103,626
109.281 103,026
109,281
1,368,000 San Fran
P..
100,027
101,882
16,776
18,242
1,867,906 SFePres<fePh... IstwkAug.
833,619 SavFla & West.. May
393,464 350,608 4,753,466 4,075,698
203,147 175,986
357,855 Seaboard Air L.. 2dwkAug.
715,295
354,425
11,723 Sher Shrev & So IstwkMay
15,897
3,862
May
30.053
200,056
260,986
1,432,497 Sil Sprs O & G .
18,614
18,389
18,390
18,390
38,293,032 SoC &GaExt... July
18,389
5,522
40,200 So Haven & East. June
5,499
July
27,077
47,270
27,977
47.270
171,308 Southern Ind
18,321
18,712
18,321
18,712
8,345 So Miss & Ark... July
7,142,131 5,402,859 72,18s, 705 02,935,766
1,013.850 So Pacific Co 6... May
230,028
143,174
Austin & No'n. April
14,375
471,098
21,384
May
Cent Pacific
1,658,339
1,816,161 1,420,707 18,005,900 16,936,660
May
GalHar &S A.
99,002
681,203 513,016 0,308,279 5,757,303
373,074
Gull W. T. & P. May
10,386
7,671
Hous. E. &WT. April
3,213,583
61,250
44,869
Hous. & Shrev. April
224,355
14,047
8,045
Hous&TexCen April
374,057 230,436 4,871,266 3,398.116
1,575
Louls'a West... May
153,702 107.6S1 1,584,950 1,244,109
Morgan's L <fc T .May
705,834 552,843 7,417,109 6,559,522
1,723,400
N Y T & Mex . lay. ...... 27,004 22,329 269,857 277,345
300,257
Tex&NOrl... May
272,301 172,980 2,581,153 1,739,901
174,191
1,752,449 1,390,205 17,573,190 10,121,210
So Pac of Cal . May
2,203,848
570,337
So Pac of Ariz May
420,013 302,565 4,052,835 3,435,990
May
258,925 174,441 2,234,607 1,845,002
So Pac of N
3,398,116
Railw'^ 2d wk Aug 061.955 633,772 4,104,041 3,910,130
2,630,890 Southern
124,701
126,919
TerreH&Ind... July
9,209
120,919 124,701
39,379
45,990
45,990
39,379
565,007 Terre H & Peer.. July
36,479
48,480
8,408
1,136,178 Texas Central ... IstwkAug.
9,554
808,428
414,805 Texas & Pacific. 2d wk Aug 171,900 141,354 1,066,806
July
8,800
10,600
10,600
360,620 TexS
8,800
307,187
Ohio Cent '.'d wk Aug
347,366
52,150
50,470
249,039 Tol
147,029
West
2d wk An
138,002
21 ,573
22,893
4,844 Tol
250,653
2d wk Au
315,053
51,348
44,053
95,814 TolStL&W
29.93S
5,784,344 Tor Ham & Buff. May
36,722
1.703,433 Union Pac RR )
Oreg RR <fe N [ June.
300,540
3,759,142 3,360,411 43,039,264 39,311,257
Oreg Sh Line.
4,098,070
2d wk Aug 372,583 330,133 2,277,439 1,996,173
38,000 Wabash
326,324 3,581,958 3.291,058
Jersey & Sea'e June
328,924
989,522
WVCen&Pitt.. May
101,007 107,912 1,082,308
s 2 1,088
739,745
54,045
312,170 Western of Ala.. June
57,832
219,926
270,670
July
270,070 219,926
91,012 Wheel &
760,894
838,080
119,000 103,050
55.394 Wisconsin Cent.. 3d wkAug
169,493
159,857
11,454
8,374
3,021,309 Wrightsv&T'n.. June
316,711
386,131
380,131 316,711
6.951 Yazoo & Miss V.. July
Phil
Coal&IrCo.... May
Tot both Co's.. May
.
.
.
&N
.
.
M
.
V&NW..
P&
&
.
W
LE
,
Covers results on lines directly orerated east of Pittsburg.
* Figures for July are for the railroad only.
Chesapeake & Ohio (southwestern, Ohio Valley and Chicago and Texas for both vears.
1 Mexican currency.
c Includes Paducah <fe Memphis Division from July 1 in both years.
* Includes the Houston <fc Texas Central audits subsidiary lines. Earnings ol the Cromwell Steamship Line, not previously reported, are
now also included.
cResults on Montgomery Division are included in both years.
^Includes St. Paul & Duluth for both years.
« Includes results on Sher. Shrev. & Southern, Mo. Midland and San Antonio extension for this year, but not for last year.
6
f Includes
August
24,
THE CHRONICLE.
1901.]
Totals for Fiscal Year.
page statement on
th<>
first week of Angust our final statement covers
roads, and shows H-0'2 pet cent increase in the aggregate
iver the same week last year.
For the
preceding page
In the
the gross earnings of all roads for the period t\
1,
that being now the beginning of the fiscal year of tl
at
majority of the roads. There are, however, sum.
U;i
These with their dates are
Still have their own fiscal years.
brought together in the following,
full
r.7
,
t.
1 -(
week of A
ivjitat.
1901.
1900.
liter cut r.
Latest Oro§$ Earnings,
Roads.
Current
Atlanta * Charlotte Air Line.
Belief onte Central
Burlington Cedar Rap. & No.
Central of New Jersey
Chicago A North- Western.
Ohloaeo Rock Island A Pao..
Ohio. Bt. P. Minn. A Omaha..
Apr,
Jan.
Jan.
Jan.
J 'uie
Apr.
Jan.
Chootaw Oklahoma & Gulf.JNov.
Cumberland Valley
Jan.
iDeo.
Denver A Southwestern
I
Duluth South Sho. A Atlantic JanEast St. Louis A Carondelet. Jan.
Worth & Denver City
Tear.
May
31
July 3t
Aug. 7
July 31
Julv 31
J line
.June
30
80
Aug. 14
Jiuio 30
Mar. 31
Aug. 14
July 31
430,375
26,829
2,849.908
9,498 351
7.797,754
6,324,259
4.824.49H
3,797,419
495,407
766,361
1,531,771
91.018
8,<>9s 825
7,2<ii),737
5,557,278
4,501,722
2,459,735
4tit!,'.)06
876,350
1,600,141
93,045
728,393
192.807
2,228.366
U
Weeks.— In the table which
separately the earnings for the latest
week. The table covers the second week of August and
shows 12'13 per cent increase in the aggregate over the
same week last year.
Latest Gross Earnings by
we sum up
week of August.
Alabama
1901.
9
Gt. Southern.
Ann arbor
...
Buffalo Rooh.
A
Plttsb'g.
Canadian Paoifio
Central of Georgia.
.....
Chattanooga Southern...
Chesapeake A Ohio......
Chicago A East. IlUnols
Ohio. Great Western
Chlc.Indlan'lls <fe Loulsv
Ohloa«o Mllw. A St. Pan)
Ohio. Term. Transfer ...
Choo. Okla. A Gulf
Cin. N. O. A Tex. Pacific
Chic A St. L..
A Eastern
Denver A Rio Grande.
Duluth So. Shore A At...
Byansv. A Indianapolis.
Evansv. A Terre Haute
Clev. Cln.
Peoria
.
Grand Trunk...
Grand Trunk Western
A Gt. Northern.
Iowa Central
Kanawha A Mlohigan.
.
Nashville
..
Mexloan Central
.....
Mexloan National....
Minneapolis A St. Louis.
Minn. St. P. A S. Ste. M..
Mo. Kansas A Texas
Mo. Paoifio A IronMt...
Central Branoh
Mob. Jackson A K. City
Norfolk A Western
Northern Pacific. ......
Pere Marquette
Pittsburg A Western
Bio Grande Southern
Bio Grande Western
Bt. Louis A San Fran
Louis Southwestern..
Seaboard Air Line
Southern Railway. .....
Texas A Paoltio...
Toledo A Ohio Central...
Toledo Peoria A West'n.
Tol. at. L.
Wabash
A West
,
W.soonsin Central
Total '.52 roads)
Net4nore*se 12-13
:
„
p.
c
Decrease.
*
43,727
33,583
131,232
701,000
126,028
2,913
324,584
117,784
166,811
93.841
832,541
32.090
99,684
97.747
391,116
49,057
227.000
54,165
6,476
33,499
9
38,042
26,673
118,115
571.00C
106,390
2,158
303,817
100,546
138,093
75,991
749,596
26,199
67,642
89.389
322,209
38,162
229,200
61,047
8,359
33,494
594,920
503,109
91,811
112,114
65.824
48,472
18,196
533.825
320,846
128,846
62,742
98,022
101,993
61,963
40,767
14.034
489,015
312,044
151,657
10,121
3,861
7,705
4,162
41,-10
8,802
60,02;
12,719
27,444
44,099
89,000
290,1)44
690,000
31,000
70,578
246,545
601,000
31,000
5.685
6.910
18,117
130,000
19,638
755
20,767
17,238
28,718
17,850
82,945
5,881
32,042
8,358
58,907
10,895
2,rO0
6,882
1,382
22,811
2,r.l3
598
296,220
637,822
161,332
36,376
1,915
259,844
725,798
180,632
89.156
10,468
99,600
223,770
132.088
203,147
661,955
171,966
52,150
24,573
54,318
372,583
109,800
77,324
10,618
94,200
189.843
103,901
175,986
633,772
141,351
50,470
22,893
44,053
330,133
103,404
9,924,112
.
St.
Increase.
)
Intern'l
A
1900.
»
>
Det. Gr.Hav. A Mllw.
Hooking Valley
Louisville
8,409
1,146
8,757,566
1,016,404
8,850,687
87.976
19.300
11,832
150
5,400
33,927
28.187
27,161
29,183
30,612
1,680
1,690
10,295
42,400
6,396
1,144,3241
1,073,425|
Decrease.
9
9
»
9!'0
808
24,953
• -
.
29,417
13.700
8,200
51,317
965.087
p.o.l.
340,149
26,286
2 678.420
Jan. 1 to June 30 1,020,831
to June 30
174.548
Gila Valley Globe A North'n. Jan.
2.646,9(i7
International A Gt. North'n. Jan.
to Aug. 1 4
Dec.
to June 30 1^,475,589 U.209.H58
Lehigh Valley RR
Lehigh Valley Coal
Deo.
to June 30 12,720.995 10,34.2.332
Manistique
to July 31
70,840
Jan.
74,920
Mexican Central
10.831,605 10,855,723
to Aug.
Jan.
Mexican International
TO June 30 2.930,139 2,672,027
Jan.
Mexloan National
to Aug. 14 4,799,684 4,961,663
Jan.
Mexican Railway
to Aug.
Jan.
3 2 592,700 2,766,100
Mexican Southern
318 231
Apr.
to July 31
309,336
Missouri Paclho
to Aug. 14 20,338,95^ 17,436,196
Jan.
Central Branch
810,437
799,311
Jan.
to Aug. 14
Total
to Aug. 14 21.465.!t5) 18,5^3,059
Jan.
Monterey & Mexican Gull
769,772
to July 31
808,164
Jan.
Northern Central
to June 30 3,950,694 3,799,994
Jan.
Ohio River
753,104
to July 23
729,624
Jan.
Pacific Mall
May lto Apr. 30 3,071,166 3,817,620
Pennsylvania
Jan. 1 to June 80 44,830,611 40,821,311
Pennsylvania & Northwes'n. Jan. lto Apr. 30
225,526
227,045
Pere Marquette
Jan. lto Aug. 14 5.363,850 4,798,151
Philadelphia & Erie
2,631,509
Jan. lto June 30 2,984,716
Phila. Wilni'g'n A Baltimore. Nov 1 to June 30 7,678,273 7,350.373
Pitts. Clncln. Chic & St. L... Jan. lto July 31 11,395 945 10,849,!)00
Bio Grande Junction
158,920
148,087
Deo. 1 to Mar. 31
8t L. Vandalia & Terre H.... Nov. 1 to July 31 1,482,697 1,414,077
South Haven A Eastern
20,521
24,523
Jan. 1 to June 30
South. Missouri A Arkansas.. Jan. lto July 31
99,530
122,188
Terre Haute A Indianapolis.. Nov, 1 to July 31 1,142,969 1,181,545
Terre Haute A Peoria
401,662
349,865
Nov. 1 to July 31
Texas A Pacific
Jan. 1 to Aug. 14 6.614,276 4917,400
West Jersey A Seashore
Jan. 1 to June 30 1.492,752 1.401.152
2rf
75.400
77,400
Preriuus
Nstlnorease(ll 02
follows
61,700
69,200
9,554
rooeanto (Mex.)
Period.
Year.
Ft.
59,841
9,72-.!,653
in!,
8 536,517
H4,7'.»4
•*rev1onsly rep'd<5.'l r*ds)
*
9,497.405
70.899
Net Earnings Monthly to Latest Dates.— The following
showsthe gross and net earnings to latest dates of all Steam
railroads furnishing monthly statements. The compilation
Includes every road from which we can get returns of this
obaracter and in that form is given once a month. Early returns are published from week to week, as soon as issued, but
for the convenience of our readers all the roads making returns are brought together here in the week in which we publish our monthly article on net earningp- say about the 80th
Besides the companies furnishing monthly
of the month.
returns, we have added this time the roads which make
quarterly returns.
The returns of the street railways toe give by themselves
under a separate head at the extreme end of these tabulations
—see page 388.
Cross Earnings.
Net Earnings.^—.
Current Previous
Current
Previous
Tear.
Tear.
Tear.
Tear.
Roads.
ft
S
f
Adirondack. a
June
12.887
14,927 def.2.P05
1,362
190,631
July 1 to June 30
200,586
45,622
62,200
Alabama Gt. So'th. a June
170,145
154.070
53,478
45,314
July 1 to June 30.... 2,198,739 2,092,449
645,608
636,624
Alabama Midi' ti <t b May
68,274
68,909
5,311 def.11,664
July 1 to May 31...
950,861
872,757
245,109
187,025
Annap.Wash. ABal.May
5.902
4,577
2,319
1,706
July 1 to May 31
59,459
66,295
18,360
23,086
Ann Arbor. b
June
137,482
148.683
26,726
16,672
July 1 to June 30
1,754,147 1,721,452
446,984
396,832
AtCh.T.AS. Fe..b June 4,617,435 3,946.956 t2.139.134 tl.626,475
July lto June 30.. ..54,474.822 46.844.184 t22211877 U8867114
Atl. Knox. A No.a June
42,964
34,277
11,667
8.170
July lto June 30....
482,592
418,356
133,785
106,888
Atlan. A West Pt.b.June
49,656
47,085
25,992
10 958
July 1 to June 30....
740,689
702,472
255,008
267,703
Atlantic Coast L. a. June
718,479
766,842
263,064
345,378
July 1 to June 30 ... 7,881,653 7,586,746 2,904,824 3,017,943
Austin A Nortw'n.b Apr.
21,384
14,375
5,767
dei.367
July lto Apr. 30....
230,028
143,174
86,220
3,782
Baltimore A Annapolis
May
Short Line
8,435
6,966
2.785
277
Bait. A Ohio. b.:... June 4,033,036 3,794,806 1,454,504 1,163,990
July lto June 30. ...47,124,339 42,783,108 16,016,044 14.954,892
Bangor A Aroost'k.. June
127,337
110,543
45,263
38,970
July lto June 30 ... 1,449,454 1,230,423
541,043
488,085
Bath A Hammonds. June
1,629
1,523
def.263
def.233
39,231
39,113
July 1 to June 30 ..
19,434
i9,388
Bellaire Zanesv. A Cin.—
42,905
Apr. 1 to June 30....
41,476
3,039
10,953
Bellefonte CentralbJuly
4.332
2,317
1,829
521
26,286
Jan. 1 to July 31....
26,829
7.525
9,616
Boston A Albany b—
Apr. 1 to June 30.... 2,503,338 2,475,673 1,060,670
698,761
July lto June 30.... 9,933,807 9,959,843 3,738,943 3,415,686
Boston A Maine b"—
Apr. 1 to June 30*
7,645,889 7,456,097 2,212,255 2,027,017
July 1 to June 30*
30,406,907 30,107,660 8,888.122 9,174.932
Boston Rev. B. A Lynn
Apr. 1 to June 30
103,800
88,925
13,308
13,171
173,977
150,215
Jan. 1 to June 30.
13,384
11,108
Brldgton A Saco R.June
2,706
4,390
1,592
1.563
40,478
10,911
July 1 to Juno 30....
39,662
14,202
BrunswiokAWest.bMay
54,691
57,433
24,266
24,104
635.837
252,208
July 1 to May 31....
617,659
209,458
Buff. Attica A Arcade28,134
Apr. 1 to Juuo 30....
27,230
8,540
5,409
48,549
47,040
12,369
11,038
Jan. 1 to Juno 30....
Bull. R. APittbs.b.Juno
532,721
491,146
264,834
243,657
July lto June 30.... 5,830,620 5,012,138 2,553,441 2,123,524
Buffalo A S'squeh.—
July 1 to June 30....
728,393
732,991
307,993
347,990
8url.Ced.R.A No.a. June
407.518
97,007
398,413
116,605
719,244
639,363
Jan. 1 to Juno 30.... 2,355,936 2,237,695
Canadian Pacific, a. June 2,702,177 2,617,760 1,121.432 1,057,906
July 1 to Juno 30....30,855.i02 30.714,471 12.109.375 12.485,858
,755
407.600
73,233
Cent, of Georgia. a. June
477,100
July lto June 30.... 6,920.715 6,086.263 1,929,157 1,879,858
17.303
9,497
55,773
Central New Eng... June
62,797
146,117
176,553
704.092
July 1 to June 30....
711,759
560,148
651,838
Oent.ofN.Jersev.a.July 1.404,737 1,309,235
Jan. lto July 31.... 9,498,354 8,698,825 4,047,749 3.441,250
779,761
586,143
Central Paolflcb... May 1,816,161 1,420,707
July lto May 31. ...18,005,906 16,936,666 7,064,607 6,646.521
def.740
1,764 def.1,111
2,071
Central Penn. A W. May
22,027 def.3,188 def. 1,307
21,616
July 1 to May 31....
18,215
11,160
63,957
66,098
Char.ASavann'h.bMay
627',098
193,418
125,259
696,217
July lto May 31 ...
•lef.3,822
def.5,776
7,015
7,677
Chattan'ga South. a June
95,087 def.35,132 def.22,719
93,071
_ July lto Juno 30....
507,492
414,-14
1,273,062
(JiTesap. A Obto.a..June 1,313,711
July lto June 30. ..15.871.642 13.402,070 5,404,362 4,314,431
318,059
260,040
751,596
827,668
Ohloago A Alton. a July
Ohio. Burl. AQuin.bJune 4,088,957 3,994,910 1.268,287 1,363,410
July 1 to June 3O....50,051,988 47,535,420 17.610,098 17,718,582
—
>
—
THE CHKOMCLF.
386
Qrosi Earntngt.
,
Ourrent
Tear.
Previout
Tear.
>
.
Net Earningt.— -*
Current Previout
Tear.
Orott Eamingt.
Ourrent Freviout
Tear.
Year.
Roadi.
Cliio.
A
to
1
448,611
5,659.446
Juno 30
A
May
—
31
159,109
124,109
1,421,344
974,620
3.555,990 3,419,206 1,128,182
42,368,012 41,884.092 14,391.509 13,463,855
P a. June
June 30
Ohio. R.I. APae a Juno
Apr. 1 to Juno 30
Ohio. M.
July
147,659
392,255
185,429
5,148,897 2,413,686 2,289,875
605.299
162,377
641,0 JO
374,573
142,718
358,805
3,783,778 3,fc24,531 1,365,133
Ohio. Gt. West'n.b.July
Ohio. Ind.&Louts.ii May
July 1 to
St.
1 to
2,127,325 2.001,490
6,324,259 5,557,278
585,904
1,704,939
539.996
1,475,540
59.488
64,650
131,007
107,601
Chlo.Ter.Transf.b May
659,827
626,257
July 1 to May 81.... 1,301,696 1,120,384
84,235
101,430
377.977
261,313
Ohootaw Okl.&G.b June
655,543
3,154,370 2,090,776 1,171,433
Nov. 1 to June 30
105.912
411.576
116,332
440,579
Oln. N. O. A T. P.a.Juno
5,045,596 5,124,241 1.299,827 1,421,659
July 1 to June 30
455,499
587,509
Cl.Oln.Chic.ASt.L.nJuno 1,706,956 1,459,503
17.fc77.499 16,806.851 5,121,851 5,057,587
July 1 to June 30
r
4?,159
221,793
01.189
48,199
Peoria A East'n.s June
765,b57
821.950
July 1 to June 30.... 2,488,304 2.3D6.417
49,731
180,48*
75.627
179,518
Olev.Lor. A Wheel.* Mar.
363,934
1,481,627 1,497,417
437,457
July 1 to Mar. 31
75,113
164,260
493,041
375,611
CJlorado South... b. June
4,794,649 4,237,743 1,286,779 1,104,891
July 1 to June 30
Col'mb. Sand'Jty&Hock.—
101,662
560,159
96,669
£12,685
Jan. 1 to Juno 30
10,342
10,920
2,583 def.2,105
Column. Newb. A L June
41,626
42,612
173,271
172,388
July 1 to June 30
9.695
26,816
17,005
31.1C0
Corn w'll A Leban'n. Juno
129,7tl
131,162
299,497
279,877
July lto June 30
42,524
33,347
95,228
98,880
Cumberland Val.b Juno
156,344
158,355
495,407
466,906
Jan. 1 to June 3o....
Delaware & H'dson Co.—
Reims. A Saratoga b—
179,546
643,679
168,299
663,471
Apr. lto June 30
326,044
290,720
1,192,262 1,186,911
Jan. 1 to June £0
N. Y. A Canada b—
100,546
101,477
284,322
279,656
Apr. 1 to June 30
175,507
188,353
517,294
515,141
Jan. 1 to June 30
.
Albany A Susq.b—
Apr. 1 to June 30
Jan. 1 to June £0....
Del. Lack. A Western b—
Apr. lto Juno 30
Jan. 1 to June 30
1,237,988
2,499,244
1,159,589
2,341.681
609.700
570.023
1,308,543
1,196,652
2,040,683
4,004,800
1,970.693
3,412,627
1,829,198
943,511
932,437
08,521
1,5
Syr. Bing. A N. Y.b—
Apr. 1 to June 30
Jan. lto June 30
Denv. A Rio G'de.b. June
111,787
161,903
261,194
298,080
197,949
279,587
453,356
527,790
329,398
387,206
917,052
9J9.252
11,452,403 10,246,080 4,328,506 3,760,241
July lto June 30
105,428
62,879
223,915
177,326
Denver A South w.bMar.
417,641
312,737
876,350
766,361
Deo. 1 to Mar. 31
32,397
16,511
88,742
80,033
Detroit A Maok'e.a June
253,464
259,529
833,619
880,746
July 1 to June 3o
90,176
65,679
233,967
216,946
DuluthSo.Sh.AAtl June
477,557
377,701
Jan. lto June 30.... 1,168.524 1,242,286
—
East
8t. L.
Tear.
9
9
Roadt.
East. Ill.b. Juno
July
[Vol.
A Carond.—
18,493
13,001
41,885
42,107
28,079
81.322
30,533
78,970
827,363
June 3,552,607 3,332.253 1,272,588
Erie. a
July 1 to June 30... 39,102,302 38,2£3,032 15,695,328 9,844,427
559
4.641
24,667
21,925
Evans. A Indian b June
122,891
89,433
355,800
318,555
July 1 to Juneao
49,680
53,658
114,887
119.609
Evans. A T. H...b. June
647,556
658,879
1,439.859 1.430.C08
July 1 to June 30
241
7,701
2,662
10.027
FlndlayFt.W.&W.fa June
116,178
17,106
15,895
10«,363
July 1 to June 30
45,360
127,468
23,725
166.918
Ft.W.A Den. City.. June
264.050
131,929
728,393
1,020,831
Jan. 1 to June 30
32,757
31,111
74,805
76,050
Ft.Worth A Rio G. b Apr.
419.286
264,094
171,166
570,803
July 1 to Apr. 30
gl5,967
117,460
g8.353
117,786
June
Georgia. a
1,834,679 1,658,339 £550,306 g541,113
July 1 to June 30
20,907
90,103
17,296
97,623
Ga. South. A Fla.a June
300,667
310,743
July 1 to June 30.... 1,203,811 1,180,411
12,558
37,: 03
13,952
28,070
QllaVal.GlobeANo June
89,536
111,246
192,807
174,548
Jan. 1 to June LO....
Apr. 1 to June 30
Jan. 1 to June 30
,
.
Gr. Trunk of Can.—
11,134,781 10,413,020
Jan. 1 to June 30
346,502
328.982
Gr. Trunk West.. May
1,772,903 1,835,196
Jan. lto May 31
.
73.4J6
68.133
A Mil May
364,509
381,055
Jan. 1 to May 31....
437,381
435,825
Hocking Valley. a.. June
4,653,258 4,417,267
July 1 to June 30
230,436
374,657
Houst. A Tex. Cent. Apr.
July lto Apr. 30.... 4,371,266 3,398,116
Dllnols Central... a. June 2,910,434 2,771,759
36,900,4fc0 32,611,967
July 1 to June 30
Dft.Gr. H.
.
149,168
Indiana 111. A Ia.b June
July lto June 30.... 1,413,816
177,399
Iowa Central. b... June
2,298,254
July lto June 30
5,266
June
Iron Railway. b
59,887
July 1 to June 30
78,9( 1
Kanawha A Mich. a June
924,624
July 1 to June 30
630,603
Kan. C. Ft. 8. <fc M.r June
July 1 to June bO.... 6,618,047
144,379
Kan. C. Mem. A B.a June
2,042,002
July 1 to June 30
29,401
Kan. City Nortnw. Mar.
97,122
Jan. 1 to Mar. 31
402,243
Kan. City South. .a June
4,753,066
July 1 to June 30
L. Champlain A Morlah—
12,184
Apr. 1 to June 80
Lake 8h. A Mich. So.b—
Apr. 1 to June EO... 7,082,470
Jan. 1 to June 30... 13,690.218
—
.
.
'.
.
106.879
1,136,178
185,208
2,329,960
5,159
73.107
72,719
759.069
482,401
5,784,344
126.037
1,703,433
80,800
97,303
329,471
4,098,070
3,615,884 3,392,711
20,440
51,586
237,004
316,329
1,460
15,087
69,106
57,427
171.348
176,202
1,867,972 1,776,060
77,066
15,961
1,903,738 1 003,271
550,071
642,707
11,058,668 9,742.572
77,328
47,553
560,753
384,564
31,689
47,264
469,428
628,797
1,936
1,508
19,375
30.912
15,703
16,129
196,957
155,669
311,084
117,723
2,587,073 1,8*3,030
33,982
31,599
655,155
530,978
4,924
3,851
25,209
22,912
104,328
27,178
1,239,245
683,406
13,617
8,997
def.369
6,307,164
12,728,383
2,687,688
5,114,421
2,453,505
5.044,730
Lehigh
A Hudson—
Jane
June
.
LXXl
I
Net Barringt
Ourrent Previout
Si
.
Tear,
.
Tear.
30....
30....
103,265
205,433
113,729
221,514
31.425
79.426
53,914
112,970
Lehigh Val. RP..a. Juno
2,342,431
2,265,077
543,381
3,150.471
417,043
2,013.027
tO
Ai.r.
I
Jan.
1 to
Deo.
1 to
Juno 30... .15,475,588 14,209,658
Leblgh V.Coal
Deo.
1
to
O'o. a.
June
Juno
3<»....
Lexing'n AEast.fo. June
July 1 to June 30....
Long Island RK.b—
1,858.374 1,823,506 def.40,105 def.64,072
12,720,995 10,312,332 dL190,378 df.440,083
31,217
357,879
35,184
312.176
11,835
136,843
14,255
121,246
June 30.... 1.339,239 1,206,458
500.100
June 30.... 4,802,347 4,508,594 1,345,641
i-on.Hen.A8tI. b. June
52,505
49,668
13,856
July I to June 30
667,462
630,356
204,916
Lonlev. A Nashv.t Juno 2,371,862 2,177,312
637.711
July 1 to June 30.... 29,215,725 27,742,379 9,789.173
Macon A Blrmlntr. June
6,654
7,003 def.1.121
July 1 to June 30....
79,t;03
der.4,778
108,381
Manhattan Elevated faApr. 1 to June 30.... 2,499,207 2,316,883 1,171,521
July 1 to June 30
9,416,886 9,138,575 4,163,756
Manistlque
June
12,410
14,904
7,202
Jan. lto June 30
64,193
58,833
30,885
Mexican Central.. June 1.436,762 1,511,-95
370,646
Jan. lto June 30
8,866,486 8,979,974 2,555,988
Mex. International June
456,144
439,468
181.4E0
Jan. 1 to June 30.... 2,930,i39 2,072,027 1,304,714
Mexloan National June
659.959
682,454 c248,455
3,926,477 4,060,226 cl, 540,333
Jan. 1 to June 30
Mexloan Northern May
43,892
56,240
15,021
596,506
576,079
July 1 to May 31
243,963
Minn. A St. Louis.a June
300,348
258,050
106,918
3,275,506 2,863,313 1,318,888
July 1 to June 30
M.St. P. A 8.8. M.b Juno
430,732
398,490
198,434
July 1 to June 30.... 4,517,076 5,151,188 1,952,739
Mo.Kan.ATexas.a June 1,201,517
894,165
195,557
July 1 to June 30.... 15,403,083 12,626,512 4,268,936
Missouri Paoiflc... June 2,703,809 2,481,660
879,554
Jan. 1 to June 30.... 16,846,951 14.698,059 5,779,064
Mont. A Mex. Gulf June
111,051
109,758
29,677
Jan. lto June 30
674,899
697,702
198,129
Nash.Ch. ASt.L. I) June
532,263
535,666
190,098
July lto June 30.... 7,620,128 7,127,173 2,509,002
412,170
1,232,520
11,359
194,310
Apr.
July
1
to
1
to
.
Nevada Central... May
July lto May 31....
New Jersey & New YorkApr. 1 to June 30.
675,447
9,138,973
def.2,408
del 3,191
1.013,608
3,905.954
7,062
32,168
604,242
3,140,073
1' 9.057
1,083,240
349,990
1,945,875
26,096
225,968
83,891
1,163,927
159,654
2,596,t05
831,857
3,861,042
992.25 4
4,269,411
20,216
180,422
225,669
2,440,161
def.572
1,257
3,155
7,767
2,763
29,663
3,072
27,742
86,183
81,430
29,511
25,518
Apr. lto June 30.... 1,797,056
Jan. lto June 30.... 3,582,583
N. Y. Ont. A West. » June
503,070
1,583,683
3,313,722
425,278
4,963,483
524,320
959.081
155,904
1,545,747
383,916
757,570
116,819
N. Y. Chio.
A
8t.
L.b—
July lto June 30.... 5,322,884
N. Y. A Rcckaway B.—
Apr. 1 to June 30....
83,492
1,548,566
74,386
36,207
21,977
104,664
89,073
18,934
4,777
N. Y.Sus. A West.aMay
213,772
162,189
82,285
50,720
£68,049 1,072,814
July lto May 31.... 2,291,590 2,388,344
Norfolk A West'n.a. June 1,212,8S0 1,P10,888
479.019
546,059
July 1 to June 30... .15,7 85,442 14,0s 1005 6,339,983 5,589,909
667,202
652,102
Northern Central. I-. June
186,015
171,715
3,950,694 3,799,994 l,0ll,484
Jan. 1 to June 30
992,684
Northern Paciflc.b. May 2,839,378 2,497,310 1,157,268 1,088,311
July 1 to May 31. ...29,711,941 27,524,241 14,72l,{>81 14,624,714
May
123,204
122,815
39,351
OhloRlver.b
38,406
536,936
516,514
162,351
Jan. lto May 31....
159,721
Pacific Coast Company -See Miscellaneous Companies.
Jan
lto June
30....
PennsylvaniaLines directlyoperated
East of Pitts. A F June 7.804,035 7,192,835 2,486,425 1,971,425
Jan. 1 to June 30... 44,830,611 40,821,311 14,742,850 12,243,450
Inc. 383,900
Inc. 238,300
West of Pitts. AE June
Inc. 941,700
Inc. 878,700
Jan. 1 to June 30....
47,384
50,298
17,182
20,215
Penn. A Northwest Apr.
225,526
227,045
10 4,391
101,690
Jan. 1 to Apr. 30....
732,670
667,948
175,311
128,925
Pere Marquette... June
976.909
820,873
Jan. 1 to June 30.... 4.263,667 3,843,845
597,655
559.585
244,050
June
206,125
Phila. A Erie.b
835,849
Jan. 1 to June 30.... 2,984,716 2,634,509 1,052,820
329.935
318.335
Phil.Wilm.ABalt.bJune 1,053,117 1,018,217
7,678,273 7,350,373 2,285,259 2,136,fc59
Nov. 1 to June 30
462,425
St.L.a July 1,644,888 1,466,385
359,861
Pitts.
Jan. 1 to July 31.... 11,395,945 10,849,900 3,059.250 2,613,650
408,212
403,626
187,950
277,429
Pitts. A West. Sys.b. June
July 1 to June 30.... 4,080,686 3,835,035 1,534,030 1,337,863
CCA
Reading Company—
fblla.ARead'g.b.May
997,840
813,234
2,574,734 2,329,242
July 1 to May 31. ...25,720,336 24,441,528 8,795,228 8,885,373
253,226
31,627
Coal A Iron Co. b. May 2,840,616 1,817,801
July lto May 31. ...26,315,337 25,573,891 1,933,250 1,791,265
844,861
Total both Co.'s.bMay 5,415,350 4,147,043*1,251,066
July 1 to May 31... 52,035,673 50,015,419 10,728,478 10,676,638
21,738
85,977
Reading Co. b.... May
351,500
197,484
July lto May 31
866.599
1,337,043
Total all Comp' s.l May
11,079.978 10,674,122
July lto May 31
61,197
71,168
4,953
123,040
Rich. Fred. A Pot. May
397,097
375.397
885,208
960,758
July lto May 31....
f 12,069
40,231
f 12,343
41,145
Rio Grande Junot. Mar.
f44,426
f47,676
148,087
158.920
Deo. lto Mar. 31....
17,807
23,141
43,737
45,456
Elo Grande South.! June
247,542
259,445
529,205
546,226
July lto June 30....
120,116
164,075
368,056
436,658
Rio Grande West. b. May
July 1 to May 31.... 4,458,680 4,055,242 1,516,029 1,593,128
21,474
47,452
105,269
130,405
St. Jos.AGd. Isl.a.May
300,907
480,757
July 1 to May 31.... 1,301,955 1,294,425
3,821
8,072
3,287
15,735
St. Louis & No. Ark. June
43,086
38,675
83,934
114,597
July 1 to June 30....
252,997
335,400
641,942
856,036
5t. Louis ASanFr.b. June
July 1 to June 3O....10.173.697 7.983,246 4,328,690 3,290,719
H
ACGUST
THE CHRONKL&
24, 1901.]
Ormi Karnxngs.
Our rent Previoui
Tear.
9
Road i.
494,989
So'west.b.June
7,387,174
July l to Jiuie 30
Bt. Louis Valid A T. H.—
50 3,667
Apr. 1 to June 30...
991,065
Jan. 1 to Jiuie JO....
226.047
Ban Ant.&Aran.P.bApr.
2,290,975
July 1 to Apr. 30
10:>,282
Ban Fr. «i N. Pac. a. July
8*nta FePres.A Ph. June
83.168
958,471
July 1 to June 30
393,464
8a V. Fla. & Wewt.b.May
4,753,466
July 1 to May 3i
875,082
BaaboardAli LlneaJune
Jan. 1 to June iO .. 6.720,743
St. Louis
BUv.Bp.OcalaAG.bMay
.
I'rur.
1 to
May 31...
407.593
930,036
151,450
1,805.213
103,626
80,285
987.024
850.608
4,075,69-5
Tear.
100 91
339,430
45,979
690,963
48,396
48.597
)
5 18,4 9 J
80,637
1,486,033
116,080
19l.5-.i7
1,997
469,448
50,051
40,881
549,440
67,688
1,114, to-;
def.1,539
8,482
3,667
def.904
11,165
def.86
31,091
62,789
653,629
376,452
294.321
151,436
2,760,937 2,098,210
11,430
7,"64
81,491
111,234
102,894
53,201
929,048
545,249
662,148
462,335
6,909,440 6,223,243
218,937
147,596
2,130,976 1,551,602
147,522
91.372
1,347,842 1,027,569
651,294
493,309
10,130,030 9,416,381
33,681
26,747
474,328
578,691
128,265
256,158
100,030
231,133
.
11,537
1,237
4.530
133,639
63,682
746,252
29,387
def. 1,676 def.
36,444
22.517
350,824
81,348
635,090
29,008
New England-
West.of Alabaina.b.June
57,832
54,045
19,745
21,766
July 1 to June 30 ..
821,088
739,745
286.327
262,425
W. Va. C. &. Pltts.p.May
101,607
107,912
30,432
44,538
July 1 to May 3i..*.. 1,082,303
989,522
400.602
362,865
Wheel. A L. Erie.—
Jan. 1 to June 30
1,406,859 1,343,829
361,706
324,852
Wlsoonsin Central bMay
439,254
488,803
147,403
172.508
July 1 to May Si
4.803,078 5,131,5*53 1,656.085 1,856,340
Wrights v. &, Tenn June
8.374
11,454
1,953
2,939
July 1 to June. 3o
159,857
169,493
61,969
55,553
Yazoo & Miss Val.a.June
362,843
317,162 def.21,483
15,861
July 1 to June 30
6,127,942 5,300,890 2,0J9,690 1,905,176
a Net earnings here given are after deducting taxes.
b Net earnings here given are before dedaotlng taxes.
c Of tbe balance here given there was charged oft for repairs'
replacements and general expenses lu June $39,676, leavlug
$2o8,7»0 applic.ib.e to Interest on bonds. From January 1 to luue
30 there was charged oil' for this purpose $233,436, leaving a
balance of $i.a00,i4 I. These ngures are iu .Mexican currency, ami are
convertible Into go'.d at the current rate of exchange.
d Gross earnings Include other luoome.
e These figures are for Railway Department only.
f Thirty per cent of gross earnings.
ji For June, 1G01. net after allowing for other inooiue was $14,050.
against $67,901. From July 1 to June 30. 1901, net after allowing for
other income was $667,729 against $632,101.
1 These figures include Houston & Texas Central and its subsidiary
and the Cromwell Steamship Line.
n Includes Paduoah At Memphis Division from July 1 in bota years.
* Includes Fitchburg for all periods, and Portland
& Rochester from
Jan. 1, 1900.
June, 1901, taxes miu rentals amounted to $207,210,
t For
against $144,522, after deducting whioh net for June, 1901, was
$1,931,921, against $1,481,953.
From July 1 to June 30, 1901,
taxes and rentals were $2,040,429, against $1,904,406 in 1900, after
deduoting whioh the surplus was $20,171,448 this year, against
$16,962,708 in 1900.
t These figures include Baltimore & Ohio Southwestern.
J After allowing for expenditures for betterments, net In June,
1901, was $107,557. against $97,415 In 1900, and from July 1 to
June 30, 1901, $2,754,034, against $1,740,998 in 1900.
Gross Kamtngt.
Current
Previoui
Tear.
Companies.
aiughuuitou (Jan ..June
May I tO JUQ« 30
».
Oct
2,2
$
Omsol. GasCo.. N.J.May
9,734
12.957
40,668
39,796
217.458
1
*
Detroit City Gas. ...Apr
Jan. 1 to Apr. 30
Gas A Elect! it- Co. of
Bergen County July
June 1 to July 31
4d. Rap. Gas-L. Co. Juno
Jan. 1 to June 30
Jackson Gas-L. Co. June
Mar. 1 to June .0
Lacl'Mle Gas L't Co July
Jan. 1 to July 31
Lowell Elec. Lt. Co. June
July 1 to June 30..
Madison Gas&Eleo.June
Apr. I to Juno 30
Mexican Telephone June
Mar. I to June So
faoitlc Coast Co.. aJuue
July 1 to June 30....
.
Pacific
3,750
6,1mj
268,684
2.1
to May 3.
Eleo.Apr
Denver <;*Mar. 1 to Apr. 3d
Jan.
Tear.
8
1.707
$
July
to July 31
1
Net Kamxngt.--*
Current
Previous
Tear.
ear.
4,789
14,170
252,609
9
1
Gas Co
Buffalo
22,191
42,204
1,899
7,090
24,533
37.037
224,916
17.236
82,970
10,092
>39
17,998
11693
12.670
12,280
84,004
81,563
2,000
2,005
9,073
8,258
59,624
58,749
662,779
533,957
13.340
12.908
4,996
4,676
178,959
158,466
62,410
57,517
4,159
4,045
14,694
12,859
17,449
15,114
8,108
7,320
69,351
69,717
31,492
25,787
466,836
536.373
125,171
127.013
5,137,545 5,290,434 1,150,869 1,404,782
Mall-
May
31... 3,071.166 3,817,620
Gas L.Co. June
July 1 to June 30
1 to Apr.
1512,990
5,123
67,313
23,423
151.338
PaulGas-Lt Co. .June
Jan. 1 to June 30
Western Gas Co.—
Mllw'ee Gas-L. Co. June
Jan. 1 to June 30
St.
II, 179,569
36.429
202,788
St. Joseph
35,677
268,955
7.095
69,837
20,590
132,726
After deduoting "reserve fund for repairs of steamers" there
a surplus of $167,821, against $330,189 in 1900.
J
is
Interest Charges and Surplus.— The following roads, in
addition to their gross and net earnings given in the fore
going, also report charges for interest, etc., with the surplus
above or deficit below those charges.
-Int., rentalt, etc.
>-Bal. of NetEam'i.-*
Ourrent Previous
Ourrent
Previous
-
—
>
Tear.
Boston
<fc
Tear.
Tear.
Tear.
9
Road..
Apr. 1 to June 30
6,021
6,442
1.618
2,401
Jan. 1 to June 30
8,917
9,392
2,097
1,503
Ulster <fe DelawareApr. 1 to June 30
163,269
127,231
34.039
22,875
Jan. 1 to June 30
259,959
21 ,272
46,266
48,425
Union Pac. Sys...a.Junc ?,759,142 3,360,414 1,670,256 1,488.926
July 1 to June 30. ...43,639,264 39,311,257 18,9041096 1?',767,969
Wabash. b
June 1,406,905 1,310,139
384,995
371,976
July 1 to June 30 ._ 17,533,429 16,440,988 4,781,385 4,493,572
W. Jersey ASeash.b June
328,924
826,324
71,455
1 00.155
Jan. 1 to June 30.... 1,492,752 1.401,152
289,032
284,0^2
lines
Miscellaneous Companies.
Previous
Tear.
250,526
794.859
148,861
4,858,530 1,788.671 1,187,035
30,053
8.872
18.112
101,356
260,930
153.487
18.321
8,782
8.749
4^,580
99,530
83,209
5,402,859 2.233,856 1,527,00s
62,935,766 24,690,373 20.270.137
779,761
1,420,707
586,143
16,936,606 7,064,607 6,646,621
513,016
115,561
36,053
5,757,303 1,170,577 1.117,046
—
Troy &
Current
420,289
4136.748 (183,164
5,908,356 §3,054,185 J2.037.018
18,614
200,056
18,712
8i.u.h Mo. A Ark.bJulv
122.183
Jan. 1 to July 31
Southern Paol ilea. May 7,142 131
72.188,765
July 1 to May 3i
Central Pacific b.Mav 1,816,161
July 1 to May 31... 18,005,906
Gal.Har.&SanA.bMay
681,203
6,368,279
July 1 ti> May 31 ..
10,886
7,671
GulfW. T.&Pac.bMay
44.809
n ust.E.A W.T.b.Apr.
61,250
Houst.& Shreve.bApr.
14,047
8,015
153.762
Louisiana West. b. May
107,681
July 1 to May 31
1,584,956 1,214,109
M'g'n'sLa.&Tex.bMay
705.834
552,843
July 1 to May 31 ... 7,417,109 6,559,522
». Y.Tex. & M.b.May
27,004
22,329
269,857
277,345
July 1 to May 3i
272,361
172,980
Texas & N. Orl.b.May
July 1 to May 31.... 2,581.153 1,739,901
1.752,449 1,390,265
Bo. Pao. of Cal.b.May
July 1 to May 31.... 17.573,190 16,121,210
420,013
Bo. Pac. of Ariz. b. May302,565
July 1 to May 31
4,032,835 3,435,990
258,925
174,441
flo. Pao. of N. M.b.May
July 1 to May 31
2,234.607 1,845,002
Southern Rallw'y.a June 2,522,585 2,430.167
July 1 to June 30
33,607,582 31,388,015
176,011
147,847
St. Louis Divis'n.a June
July 1 to June 30 .. 2,090,190 1,920,804
Terre 11. & Indianapolis
372.745
Apr. 1 to June 30
377,432
Jan. 1 to June 30
749,082
781,598
Terre Haute & Peoria—
Apr. 1 to June 30
122,956
107,231
261,932
230,281
Jan. 1 to June 3o
May
Texas Central. a
52,438
22,958
653,484
351.437
July 1 to May 31....
Toledo & O. Cent. a. June
250,829
222,197
July 1 to June 30 ... 2,571,722 2,368,972
ToLPeorlaA West, b July
93,908
102,402
July
—Net JCarnmyi
387
9
9
9
Albany-
June 30
323,606
339,849
732,064
358 912
June 30
1,220.456 1,259.744 2,518,487 2,155,942
Cent. New England June
16,037
13,046
def. 3, 5 49
1.266
July 1 to June 30....
155,719
150,923
20,834 def.4,806
Ohio. Burl.A Qulncj June
800.000
815,818
468.287
547,592
July 1 to June 30..
9,825,000 9,789,821 7,785,098 7,^28,761
Ohio. & E. Illinois.. June
129,462
-89,256
•34,855
116,099
July 1 to June 30... 1,564.783 1,514,393 •1,007,966
'990,372
Apr.
1
July
1 to
to
Jhlo. R. Isl.A Pac. ..June
Apr. 1 to June j0
319,000
316,999
266,904
222,998
957,000
950,992
747,939
524,548
Obon. Okla. * Gulf .June
51.028
43,722
50,402
40.513
Nov. 1 to June 30
383.456
325,224
330,319
787,977
'lev. Cln.Ch.4 8t. L. Juno
244,418
224,313
293,091
231,186
July 1 to June 30 .. 2,916,903 2,866,539 2.204,388 2,191,018
Peoria & Eastern. June
32,825
33,750
15,374
9.409
July 1 to June 30
404,075
4^0,000
417,875
345,657
Olev.Lor'n & Wheel.Mar.
28,116
23,229
47,511
26,502
July 1 to Mar. 31
253,050
203,361
184,407
160,073
Delaware <fe Hudson—
Renss & Saratoga Api 1 to June 30 ...
307,917
309,807 df.139,618 df. 130,261
Jan 1 to June 30
617,768
612,395 df.327,018 df.236,351
N. Y & Canada—
Apr. 1 to June 30
Jan. 1 to June 30
92,472
187,199
94,30
185,746
Apr. I to June 30
815,306
Jan. 1 to June3o...
629,283
Del. Lack. & West.—
Apr. 1 to June 30
618,459
Jan. 1 to June 10
1,237,983
Syr. Bing. & N. Y.Apr. 1 to June 30
44,905
Jan. 1 to June 30
89.810
'en. & R. Granue...June
190,805
July 1 to June 30... 2.353,939
aooklng Valley
June
138.033
July 1 to June 30.... 1,003,506
315.573
617,587
294,394
679,260
254,450
579,005
598,804
325,052
591,215
333.633
3o2,214
Albany
<fe
...
9,005
6.245
1,154 def. 10,239
Susqueh.
1,206,307
116.993
66,882
8>,810
189.777
108,139
191,234
1132.217
11 >7,050
2,358,744 12,053. 422 Jl, 491,462
-20-. 189
•175,082
125,722
902,900 •1,354,178 -1,163, 548
(nd. 111. & Iowa
June
23,943
22,845
51,483
18,605
*0 451
ianawhaA Mich... June
•5,504
10,245
10,766
July 1 to June 30
•52,-78
•75,048
128,709
109,591
«an. C. Ft. 8.4 M..June
124,917
177.947 def. 7, 194
133,137
July 1 to June 30 ... 1,540,316 1,457,143 1,016,757
39 3.887
K*n. C. Mem. <kB.. June
20,736
26,983
10,863
6,999
July 1 to June j0
350,727
180.251
478,909
176,246
44,9 J5
Long Island RR.—
Apr. 1 to June 30 ...
•252.170
•146,105
330,«12
366.086
July 1 to June ,o
•159,493
•195,810
1,435,742 1,397.604
Manhattan ElevatedApr. 1 to June 30
•765,124
•608.214
647.757
647.568
July 1 to June 30 ... 2,677,705 2,707,705 •2,322,434 "2,029,514
Mo. Kan. & Texas.. June
4 2.575
289.282 df.107.964
303,521
July 1 to June 30.... 3,507,157 3.453,385
761,779
407,657
*ashv. Chat.4 Bt.L.June
157,940
July 1 to June 30... 1,857,362
New Jersey & Ve w YorkApr. 1 to June 30....
15,710
N. Y. Chic. A 8t. LouisApr. 1 to June 30....
300.946
Jan. 1 to June 30
615,242
170,289
1,909,131
32,152
651.640
55,430
530.730
14,789
13,801
10, '29
302,453
603,623
•231,123
•366,096
•94,^53
•163,268
THE CHRONICLE.
388
Int., rental*, etc.
,
Current
Year.
,
/
-Bat. at Sri F.am's.~
Previa in
Tear.
Current
>
Previous
Year.
Year.
9
9
9
I
358,404
286,720
187,655
192,289
2.249,718 2,273,639 4,090,205 3,310,270
20,898
119,307
108,027
56.004
106,146
250,574
720,835
654,727
103,339 def.1.144
Pitt*. 0. 0. A 8t. I.. June
332.309
355.156
365,944
Jan. 1 to June 80
801,039
1,735,186 1,887,845
Roads.
Norfolk A West'n.. Juno
July 1 to June 30
Pere Marquette... June
Jan- I to Juno 80
All companies... May
July 1 to May 31
Rio Grande Jnnofn.Mar.
Dec 1 to Mar. 31
Rio Grande 8ontb..Juno
July 1 to Juno 30
St. Jor. &(ir.
July 1 to
MM. .May
May
31
8an Fran. <fe No. Pao July
Bonth. Mo, & Ark.. .July
Jan. 1 to July 31
Southern Pacific. .May
July 1 to May 31
Toledo & Ohio Oen.. June
July 1 to June 80
Tol Peo.& West... July
Ulster & DelawareApr. 1 to June 30
104,054
550,043
787,000
762,545
8.057,000 8,887,998 2,422,978 2,480.124
4,361
4,635
7,708
7,708
13.593
16,843
30,833
30,833
1.005
0.040
17,101
16,802
33,941
213,492
213.601
45,953
12,724
38,702
8,750
8,750
204,657
384,507
96,250
96,250
27,188
85,625
22,771
22,863
916
7,866
30.104
18.416
'87.515
2,236,501
•5,861,680
20,026,234
31,531
38.100
32,151
43,248
'361,555
•212,394
430,120
397,886
6,625
23,051
22,762
5,957
41.412
36,972 •def.7.004
79,773
71,984 *df.31.598 *df.lc,109
18.610
22,872
11.792
21,666
W.
114,532
246,514
154,088
248,333
July 1 to May 81....
•42,729
*10,216
138,198
129,987
Wisconsin Central.. May
•425,412
•181,176
1,493,216 1,440,265
July 1 to May 31
Jan. 1 to June 30....
Va. Cen. & Pitts May
After allowing for other income received.
Tnese figures are after making deductions for Discount and Exchange. Alter deduoting $10,000 for Renewal Fund and Bond
Conversion in Jui e, 1901, and $15,000 In June, 1900, the surplus for
the month Is $187,050, against $117,217 a year ago; from July 1 to
June 30, 1901, the deduction for this purpose was $140,000, against
$180,000 In 1900, leaving surplus for this year $1,913,422, against
$1,314,462 a year ago.
•
t
STREET RAILWAYS AND TRACTION COMPANIES.
The following table shows the gross earnings for the latest
period of all street railways from which we are able to obtain weekly or monthly returns. The arrangement of the
table is the same as that for the steam roads that is, the
first two columns of figures give the gross earnings for he
latest week or month, and the last two columns the earnings
for the calendar year from January 1 to and including such
latest week or month.
—
STREET RAILWAYS AND TRACTION COMPANIES.
Latest Cross Earnings.
Gross
Earnings.
WeekorM(
Amerloan R'ys. Co. J. July.
July.
Binghamton RR
June
Br'klyn Rap.Tr. Co.
.
& Mil.
Elec.
Oin. Newp. & Cov. .
City Elec (Rome.Ga.)
Cleveland Eleotrlo .
Cleve. Ely & West...
Cleve. falusv. & E...
.
Consol.
Trac
.
July..
July.
July..
July..
July..
June
Denver City Tram..
.
Our'nt Prev'ut
Year.
89,657
22.481
,
(Pitts.) July..
Dart & W'port St.Ry
July.,
July.,
Det. Roch. Ro.A L.O. May..
July..
Detroit United
Duluth-Sup. Tract. ? July..
DuluthSt. Ry
s
July..
Galveston City
Harrlsbnrg Traction. June
1,181,023
23,459
76,620
3,874
210,329
24.229
15,749
276,054
15,102
143,223
29i",388
45,642
Year.
lon&F'kfortEl.Ry. May..
Internat'l Traotlon—
(Buffalo)
June
Lehigh Traction
July..
London St. Ry.(Can.) May..
Cleveland.. June
Lorain <te
Mad.(Wls.) Elect. Ry. July.
June
Mass. Elec (Jo. 's
Montreal Street Ry
Muscatine St. Ry
St.
.
June
July..
Ry
June
New Castle Traction. June
New London 8t. Ry.. July..
Northern Ohio Tract July..
Ogdensburg St. Ry.. June
Philadelphia Comp'y July..
Pottsv'e Union Trac July..
Railways Co.Gen.—
Roads
Light Go's
July..
July..
Richmond Traotlon.. June
Jan. 1
to
Latest Date
Current
Year.
Previous
Year.
466,773
439,482
113,170
102 395
1.105,006 5,903,240 5,848,155
1B.378
88,921
71,565
72,704 461,25fc
442,642
3,447
24.139
22,651
181,856 1,264,620 1,147,653
18,920
13,833
65,449
58,246
254,973 1,727,196 1,621,670
13,505
64,649
56,738
119,910
838,502 722,300
36.885
15.703
23i',247 1,554.934 1,381,976
43,374 253,307
83,718
19,875
13,458
37,192
31,249
174,077
109,867
4,508
4,146
21,834
21,768
Herkimer Mohawk II-
Newburg
393,685 213,824 1,615,959 1,221,314
13,397 11,892
73,070
64,666
10,003
7,345
9,033
9,654
7.959
0,849
39,820
577,362 527,731 2,540,521 2,436,796
180,371 168,245
895.869 839,068
6,963
5,550
40,504
38,423
10,936
9,828
41,783
40,«10
1 2,947
16,007
56,020
62,09*
11,666 10,322
37,153
32,347
66.898 54,468 323,003
267,223
2,257
2,140
8,599
8,977
162,449 124.869 1,881,309 1,565,332
19,122 17,005
95,426
79,655
27,436
1,580
23,277
22,578
1,527
19,016
119,180
11,498
103,230
A Ry
June
Louis Transit
Scran ton Railway...
Sioux City Tract
Southern Ohio Traot.
Tacoma Ry. & Power
Toledo Rys. & Light.
Toronto Ry.
Twin City Rap. Tran.
Union (N. Bedford)
Union Traction Co.
(Anderson, Ind) .
United Traotlon— )
Albany City $
United Tract. (Pitts.)
St.
.
.
July
July
July
July
June
June
lstwk Aug
July
July
May..
June.
97,071
July..
TTnited Tract. (Prov.) July..
Wil.&NewCastleElec July..
34,473 2J.936 198.815 180,162
505,723 +241,661 3,292,301 2,306,945
64,195 59,197
374,722 345,044
21,553 18,952 117,462
35.866 31,215 178,821 157,855
31,741 23.784
164,850
134,486
111,333
594,167
34.227 30,574
928,644 843,689
290,648 249 841 1,748.182 1,875,641
30,762 29,211
150,931 140,122
60,392
264,047 169,414
621,927 638.745
196,181 172,834 1,164,266 1,084,841
280,500 239.258 l,498,379!l,321,728
7.657
4,364
37,564!
24.359
i>7,995
125,784 119,246
t
These are results for properties owned,
t
Strike in July, 1900.
Tear.
Year.
t
Year.
Roads.
9
9
9
Blnghamt'n 8t Ry. b July
19,875
22,481
12,829
Jan. lto July 31....
113,170
102,395
48,396
Brooklyn Rap. Tr.a.June 1,181,023 1.105,006
448,233
July 1 to June 30.... 12,101,197 11,751,595 4,130,563
Chic
&
Year.
9
11,351
43.086
447,127
3,758,369
Mllw. Eleo. July
23,459
18,378
Oin. Newp. <fe Cov. b July
Jan. l to July 31
76 620
461,259
72,704
442,042
143,161
J266.708
Olty Eleo(Ronoe.Oa) July
Jan. 1 to July 31
3,874
24,139
3,447
22,651
2RO
462
2,972
4,393
Cleveland Eleo. a.. .July
Jan. 1 to July 31
210,329
1,261,620
181.856
1,147,653
101,210
565,230
87,977
511,572
Clev. Ely ria & West July
Olev. Palnesv. * E.June
Jan. 1 to June 30
Cons.Tr.(Pittf.b >.b.July
Apr. 1 to July 31
24,229
15,749
65,449
276,054
18,920
13,«33
58,246
254,973
l,044,i)67
986,921
Oen v. city Tr'mw bjuly
143,223
119,910
Jan. l to July 31
..
838,502
722,300
Detroit United . .July
291,388
231,248
Jan. l to July 31
1,554,935 1,381,977
Galveston City Ry..July
13,458
Uarrisb'g Traot'n..June
37,192
31,248
12,419
7,714
29.221
140,965
544,533
64,320
378,268
148,428
717,463
5,313
16,655
9,978
7,640
24,657
132,100
511.547
59,026
304,849
110,616
003,865
15,7:
18,232
'.41,569
t261,714
12,033
Herkimer Mohawk nion
& Frank. El. Ry.May
July 1 to May 31 ...
4,508
4,146
1,935
48,895
47,026
20,247
Intern'l Tr. (Bnn.)bJune
393,685
213,824
201,420
Apr. 1 to June sO
922,639
615,306
436,741
July 1 to June 30 ... 3,092,016 2,545,740 I,t04.t09
Lehlsrh Traction
July
13.397
11,892
7.146
Jan. l to July 31
73,076
64,666
37,209
Lond'n St.Ry. (Can. )May
10,003
7,345
3,185
tioram & Cleve. Ry. June
9,633
9,654
5,184
. . . .
Madison (Wis.) Electric
Railway
July
May l to July 31
Newburg Electric. June
July 1 to June 30
New Castle Traot. June
July 1 to June 30
New London St. Ry.July
N. Y. & North 8b oreApr. 1 to June 30
Jan. 1 to June 30
New York & Queens Co.b
Apr. lto June 30
July lto June 30
Northern Ohio Trac July
Olean Street Ry
Apr.
July 1 to Apr. 30
Richmond Traction. June
Oct. 1 to June 30
909
21,627
107.650
281,380
1,197,012
6,957
30,575
674
5,657
7,959
21,691
10,936
98,336
12,947
125,793
11,666
6,849
18,387
9,828
93,457
16,007
139,713
10,332
3.842
9,462
5,290
43,715
5,443
41,790
6,897
2,378
6,385
4,815
42,432
7,701
52,039
5,336
30,030
47,250
29,077
43,835
10,016
10,179
7,568
5,334
142,806
489,015
66,898
3,750
42,948
23,277
152,052
134,290
462,843
54,468
3,505
39,511
19,016
143,218
76,565
223.079
33,414
72,971
212,337
21,587
1,741
21,664
8.234
58,379
1,100
18,114
9,877
65,629
246.160
981,721
229,970
916,299
102,136
376,171
86.648
362,283
34,473
166,710
61,195
29,936
151,401
59,196
17,903
86,270
32,299
16,539
85,624
27,794
Jan. 1 to May 31
So. Light & Tract... June
Apr. 1 to June 30
514,386
412,705
South. Ohio Tract.. July
Jan. 1 to July 31
35,866
178,821
81,215
157,855
193,192
15.874
45,728
18,854
74,790
97,253
13.078
36,942
18,154
74,172
159,795
ol5,161
111,333
594,167
Jan. l to June 30....
290,648
Twin City Rap. Tr July
Jan. 1 to July 31.... 1,748,182
United Trac. (Albany)—
308,447
Apr. 1 to June 30
1,336,625
July 1 to June 30
196,181
United Trac (Pitts. July
130,976
548,174
71,401
274,331
59,545
302,815
155.299
924,502
60,428
229,039
129,331
807,433
93,959
422,652
96,484
4.589
8,945
116,279
465,735
71,037
2,993
8,682
.
Rochester By.
b-
Apr. 1 to June SO
July 1 to June 30....
Sacramento Eleotrio Gas
& Railway Co
June
Feb. 1 to June 30
—
Soranton Railway.. July
Syracuse Rapid Tr.
b—
Apr. 1 to June 30
July 1 to June 30
Toledo Rways & Lt June
. .
)
219,841
1,575,641
334,712
1,306,857
172,834
Winnebago Traot.. June
Apr. 1 to June 30
Net earnings here given are after deducting taxes.
b Net earnings here given are before deduoting taxes.
$12,562, against $30,629>
1 Taxes and tolls in July, 1901, were
and from January 1 to July 31, 1901, $87,323, against $104,681.
a.
Sacramento Electric
Gas
Street Railway Net Earnings.— In the following we show
both the gross and the net earnings to latest dates of all 8treet
railways from which we have been able to procure monthly
returns. As in the case of the steam roads, the returns of the
different roads are published by us each week as soon as received, and once a month (on the third or the fourth Saturday of the month) we bring together all the roads reDorting,
as is done to-dar.
Cross Earnings.
*^—Ne Earnings.—.
Current Previous
Current
Previous
.
Reading—
Chicago
[Vol. LXXI1I,
After deduoting these items the net in July, 1901, was $30,599,
against $10,940, and from January 1 to July 31, 1901, $179,385,
against $157,033.
Interest Charges and Surplus.— The following Street
railways, in addition to their gross and net earnings given in
the foregoing, also report charges for interest, &c, with the
surplus or deficit above or below those charges.
^Bal. of Net Earn's.-<
Int., rentals, etc.
Current
Previou$
Current Previous
,
.
Tear.
Roads.
Cleveland Electrio.July
Jan. lto July 31....
Cons. Trac (Plttsb.) July
Apr. 1 to July 31....
Year.
$
$
20,804
138.997
63.371
253,668
22,462
149,806
59.023
213,655
Year.
$
80,406
426,2*3
U05.927
1405,649
Tear.
$
65,515
361,766
1101,089
1381,596
August
THE CHRONICLE.
24, 1901.]
-Int.,rentalt,
etc.
—
Current
Year.
Den v'r City Tramw. July
Jan. 1 to July 31
Internat'lTr. (»uu\)Jiine
Apr. 1 to Juno 30
1 to
New York &
Apr. 1 to
July 1 to
Year.
*
*
32,305
220,536
04,098
272,864
Hoaiis.
July
Previous
-Bal.ofNet Barn's.-.
Ourrent
Prrcioug
Tear.
Tear
*
CONDKKSKD GENERAL
Juno 30
1,030,435
Queens Oo.43.389
June 30
Juno 30....
173,739
82,015
157,732
•122.H12
*19«,030
•584,360
27,246
—
of
89.1 Mi
•47,217
*75,<;oi
•371,311
road and equ'pinent
construction purposes.
(securities held for gen. purposes.
-.
miti. s to be pledged
N. V. Sus. A \V. common stock...
,
•
••
A
pi
[,
.
i
red
"
...
West. Ind. sinking fund.
•29,956
•75,212
Ohio.
69,419
291,333
•29,365
•90,370
•25.516
'85,405
8,964
44,714
8,558
39,545
7.575
40,910
Insnranoe paid not accrued
N Y. SiUr. L RR. oon. and equip.
Cash
<"ai-h in transit from agents, etc.
Duo troiu agents aud conductors
76,438
92,349
20,815
54,444
215,425
67,800
490,465
•16,619
•56,553
79,979
414,154
•7,283
*16,b54
61,531
310,908
60,719
240.252
41,792
July i to June 30....
1 Win City Rapid Tr.July
Jan. 1 to July 31
UnitedTrao. (Albany)—
Apr. 1 to Juno 30
July 1 to June 30
OnltedTrao. (Pitts.) July
"34,489
•55,222
56.313
222,392
75,320
510,048
Byraouse Rapid TransitApr. 1 to June 30
44,509
142,729
100,843
Seattle Eleotrlo Co
Jan. 1 to May 31
59.209
216,746
41,794
•34,089
•186,129
54,692
•64,566
•234,576
29,243
Alter allowing for other Income reoelved.
These figures lnolude other lnoome. After deducting $86,393 for
Interest ou funded debt and dividends on preferred stock In July,
1901, and $86,501 lu 1900, there la a surplus of $19,.- 34 thin year,
*
t
against $14,588 last year. From April 1 to July 31, 1901, the deduction for interest and dividends was $345,821, against $346,173 in
1900, leaving a surplus of $59,828 this year, against $35,423 last year.
rials and supplies
8pi eial Kngllsh tax deposit
I.iuo trallio ass'u aud ag. funds..
Due tCOIB U. 8. Government
Due from companies & ludlv'als.
Due from subsidiary oompanles.
Equip, trusts,
New Erie RR
Miles operated
2,272
2,271
2,271
Looomotives
Passenger equipm't.
Freight equipment.
Company cat s.suo w-
1,109
1,036
1,004
958
911
905
979
908
50,698
46,225
45,537
43,862
plows, eto
Floating equipm't..
700
261
679
100
649
98
618
95
Operations—
Passengers carried. 17,209,900
16,527.876
15.222,353
15,001,653
26,947,892
*5, 157,955
0*559 ots.
24,916,944
*4,834,775
0-517 ots.
23,643,425
'4,556,349
0558
ots.
•000s aie omitted.
EARNINGS AND EXPENSES.
1900-01.
Freight
Coal
Passenger
Mall
Express
Rents
Miscellaneous
1899-CO.
1898-99.
30,428
33,561
386,237
4,249.980
823,797
615,511
124,912
1,951,795
248,149
12,28i
-',800
M
603,943
2,004,402
100,000
29,001
13,027
319,647
2,586,587
730,993
624,252
125,044
1,867,464
1,072,386
100 O o
•-'.».
091
7.744
291,378
2,823,181
814,539
b09,192
123,051
1,711,052
857.230
1,235,135
1 ,557,969
Contingent speolal tax
Due
to subsidiary
companies
Reserve funds
Penn. Coal Co. sinking fuDd
Int. on bonds due and unpaid
Rentals due and unpaid
48,919
106,744
1,666,184
145,684
1,885,873
1,921,051
200,177
70,426
6,27 8,030
and
loss
2,133,325
1,160,080
1,358,879
1,011,828
100,000
17,692
292,496
810,000
1,536,590
1,476,731
982.482
100,0t0
21,594
496,675
1,636,849
146,896
1,306,145
2,039,933
232.473
73,669
3,454,874
1,648.068
)49,»03
1,27 2,173
1,871, t-23
273,353
1,791,443
372,651,573 328,406,214 324,518,135
73, p. 236, 137.
Missouri Kansas & Texas Railway.
(Statement for year ending June 30, 1001.
The results for the late fiscal year compare as follows:
189900.
189s-99.
$12,626,511
8,765,469
$11,930,334
8,012,828
$4,268,936
3,507,157
$3,861,042
3,453,385
$3,917,506
3,430,411
$761,779
$407,657
$487,096
1900-01.
Gross earnings
$15,403,083
Gperat'g expenses and taxes.. 11,134,147
Net earnings
Fixed charges
Balance, surplus for year..
1080.
— V. 72, p.
Southern Indiana Ry.
(Statement for the year ending June 30, 1901.)
The results for the fiscal year were as follows:
$
$
$
1900-01.
1899-00.
1898-99.
Gross earnings
Operating expenses
$436,987
294,087
$343,019
194,436
$321,089
199,272
Net earnings
Other inoome
$142,900
$148,583
$121,817
2,840
1,314
$145,740
112,410
$149,897
96,545
$121,817
74.356
$33,330
$53,352
$47,461
1897-98.
$
Earnings—
5.748,900
6,262,400
667,944
2.043,665
1,562.000
284,268
Total Net Income
Fixed charges
Pass, carried 1 mlie.469.670,388 446,190,767 409,987.217 383,390,464
1-554 cts.
Rate p. pass. p. mile. 1550cts.
1 548 018.
l-o39 ots.
Freight (tons) oar'd. 25,999,602
Fr'ht (tons) oar. lm. *4,989,581
Rate per ton p. m... 0-587 ots.
578,926
7,400
N.Y.P.&O.RR...
Total
2,318
57-1,926
and rentals accrued, not doe.
Int.
-V.
Equipment—
1,192,000
197.107
3,805,145
N.Y.L.E. <bW.RR.
"
"
Profit
(Report for the year ending June 30, 1901.
Extracts from the report of President Thomas will be found
on pages 395 to 399. Below is published a comparative statement lor several years of the operations, earnings, charges
and the balance sheets:
OPERATIONS AND EQUIPMENT.
190001.
1898-99.
1897-98.
189900.
1 11.000
2,034.0t0
372,651,573 328,406,214 324,518,135
Total
Audited vouohers
Due connecting Hues
Miscellaneous
Erie Railroad.
u
Liabilities—
47.S92.40O 42,882,800 42,860,100
Stook, ) st pref., noncum
"
16,000,000 16,000.000 16,000,000
2d pref., non-cum
"
112,378.900 112,357,400 112,2s0,70O
common
139,613,600 105,157,60J 104,157,600
Bonded debt, Erie RR. Co
"
"
leased lines
23,960,500 23,960,500 23,960. 50O
"
"
Ch. & E. RR. Co ... 12,300,000 12,300,000 12.300,000
5,000
5,000
5,000
Redeemed bonds held for exch...
421,204
346,052
('(instruction obligations
84,000
431,725
771,400
439. 500
Mortgages on real estate
Pay-rolls
ANNUAL REPORTS.
SO.
19O0.
#
Securities in treasury held for
9,345
46,725
—
SHEET JDNE
$
346,710,304 292,193,321 288,876,916
75,289
293,385
Rochester RailwayApr. 1 to Juno 30
July 1 to Juno 30
Sacramento Electric Gas.
June
& Railway Co
Feb. 1 to June 30
11A1.ANC1.
1901.
Assets
i
31,780
215.666
65,348
221,844
901,337
389
20,247,910 20,152,762 17,817,942 18,081,023
9,037,086
8.675,226
7,359,881
7,191,482
7,278,054
6,905,224
6,310,444
5,957,704
491,920
492,171
486,020
486,352
677,320
616,030
592,613
686,221
136,256
120,986
131,109
119,948
1,233,756
1,330,632
1,223,095
1,149,732
Gross earnings.. 39,102,302
38,293,031
33,752,704
33,740 861
4,288,895
Malnt. of equipm't..
6,057,250
Conduct, transpor'n 16,138,787
General expenseB...
852,647
Taxes
1,069,395
3,974,618
6,889,647
15,806,021
3,074,317
5,174,137
15,204,802
780,796
997,523
725,739
990,931
3,383,499
5,357,611
15,085, 321
733,687
877,921
Total expenses. 28,406,974
Net earnings
10,695,328
Ratio of exp.to earn.
72-65%
28,448,605 25,169,926
9.844,426
8,582,778
25,438,039
8,302,822
Expenses—
Malut, of way. etc.
74-29%
INCOME ACCOUNT.
190001.
189900.
$
$
Receipts—
Net earnings
10,695,328
Inoomefrominvest'8
221,247
Erie coalcompanies.* 1,274,830
Int. and discount
9,844,426
161,958
236,641
21,509
..
.
Buffalo & Susquehanna RR.
(Preliminary statement for year ended June 30, 1901. J
The coal properties, newly constructed mileage and new
equipment paid for by a part of the proceeds of recent bond
sales were acquired too late in the last fiscal year to contribute anything to earnings.
Attention is called by the
financial agents, Fisk & Robinson, to the company's "strong
cash condition," viz., working assets, $475,303; unexpended
proceeds of bond sales, $525,000; total, $1,000,303.
Tears ending June 30—
1899.
1898.
1901.
1900.
Gross earnings
$721,965 $732,991
Oper. expenses and taxes..
420,400
385,001
$767,318
519,283
$625,691
363,749
$248,035
$261,942
$347,990 $248,035
90,618
86,744
$^61,942
72,649
74-57%
7539%
Netearnings
Other lnoome
$301,565 $347,990
6,428
1898-99.
1897-98.
$
$
Total Income
Interest and rentals
$307,993
94,445
8,582,778
186,979
298,479
72,118
8,302,822
192,63b
209,785
10,946
Total net Income 12,191,405
Deductions
Interest on bonds..
7,541.730
Rentals leasedllnes.
1,139,483
Pero'sduelea'dllnes
223,409
Int. on oar trusts...
269,599
Miscellaneous
194,027
10,264,584
9,140,354
8,716,189
0,921,623
1,158,387
233,396
245,106
42.592
6,842,679
1,093,538
355,086
174,777
20,475
6.465,831
1,077,857
304,443
213,193
20,947
Total charges...
9,368,248
Balance, surplus.... t2,823,157
8,601,104
1,663,430
8,486,555
653,799
8,082,271
633,918
—
Surplus.
-V. 72, p. 1082.
* It was customary prior to 1901 to ioclude but one year's coal earnings In the
Erie income account, the coal accounts not having unen closed in time to Include the results of the corresponding year with the Erie; tney were therefore
one j ear behind. This year the coal accounts for tne twelve months ending
June 3o, lwui, have been closed so as to permit the results ot thu a* neii as tue
preceding year to he included in the Ei ie income account; the lOcO-ol azures
therefore include irom July l, 18yy, to June 30, 1901.
t Since the close of the year the board has declared a dividend on the first
prelerred slock of lH per cent, payable Aug. 80, 1901, out of the surplus earnings of the last six months of the fiscal year.
Balance
Dividends paid
SurpluB.
73, p. 286.
-V.
$213,548 $261,246
138,840 (5) 75,900
(5)
$74,708
$185,346
$157,417
75.900
(5)
$81,517
$189,293
75,900
(5)
$113,393
Long Island Railroad.
(Statement for the year ending June SO, 1901. J
Earnings for the last fiscal year, as compiled from statements to the State Railroad Commission, were as follows:
Year end. June 30—
1898.
1899.
1901.
1900.
Gross earnings
$1,862,347 $4,557,259 $1,622,475 $4,333,194
Operating expenses. 3,516,705
2.989,373
3,311,370
3,276,074
Net earnings
Total net lnoome
$1,345,642 $1,281,185 $1,311,105
$1,629,156 $1,471,352 $1,473,103
Interest on bonds
$624,096
$758,198
$836,884
Taxes
202,957
232,034
256,507
Rentals
322,bOO
32^,800
322,800
Interest and discount
or.1,224
73,177
17,154
Balanoe...
V. 73, p. 32.
$1,343,821
$1,473,690
$638,629
205.865
312, 800
72,521
.sur.$195,810 sr.$159,493 sr.$250,073 sr.$243,875
THE CHRONICLE
390
CONDENSED OKNKKAL
United Traction Co. of Pittsburg.
( Report for the year ending .lane SO, 1901. J
ResultB for four years were as follows
EARNINGS. EX1KNSI 8 AND CHARGES.
:
1HO0-O1.
Cross earnings
Operating expenses.
Net earnings
Fixed charges
Dividends on pref
—
.
.
Balanoe, surplus..
V. 71. p. 1271.
(Rep
:r.,988
91 1,275
l,'
1899-oit
1897-98.
l*!>8-99.
$i,mi«.«86
836.641
$1,«04,111
731,679
$930,045
$872,4H2
694,820
>
622,<»0i;
$780,915
580,445
(5)1 ".0.000
(5)150,000
(5)160,000
$223,881
$151,960
$99,526
$50,500
International Paper Company.
)rt for the year ending Juae SO, 1901. J
President Hugh J. Chisholin says:
The gross sales for the fiscal year ended June 30 amounted to about
$2,000,000 more than for the preceding year Thj policy adopted by
the oompany to brln< all Us plauts to the highest point of t-ltioienoy
lias been continued during the past year, and more than $1,100,000
has been expended Iu >ei>alrs and maintenance and ohargedtothe
operating expenses of the oompany. Iu addition to this sum over
$i,300, 000 has been expended In cash In permanent improvements and
additional new mills, and charged to plant account. The extensive
Improvements and additions which have been under way at the different plants of the company are now nearly completed.
The earnings and balance sheet follow:
EARNINGS, EXPENSES AND CHARGES.
1899
$
1900-01.
$
Gross income
20,711,902
Cost of raw materials, mfg., etc. 16,750,245
00.
1898-99.
$
p. o
Surplus for year
Previous surplus
Total surplus
15,003,568
12,218,533
3,961,6*7
b07,2G7
3,125,876
842,302
2,845,035
596,595
1,344,402
2,283,574
1,344,402
2,248,440
1,26^,921
(3%)523.285
1,703.988
1,810.000
Balanoe
Divideuds on pref. stook 6
Dividend on common
18,707,«35
15,581,759
3,054, S90
Net
Taxes, insurance and interest
939,172
870,828
462.234
408,594
1.810,000
870,828
3,519,988
BALANCE SHEET JDNE
30.
1901.
1900.
1899.
SB
Assets—Mill plants
«6
$
41,586,965 40,153,339 39,706.757
"Woodlands
4,101,723
4,403,173
3.906,909
Securities of sundry corporations. 4,810,163
4,462,456
4,264,793
Land rights and water powers
100,493
185,8c4
97,488
Patents
12,000
6,000
6,000
Furniture and fixtures
41,028
45,845
35,461
Sinking funds
39,000
19,500
Cash
448,030
241.176
501,228
Accounts and notes receivable
3,031,388
3,209,584
3,904,947
Inventories of mdse on hand and
advances for wood operations.. 4,560,371
3,223,244
3,4.17.493
Total
Liabilities—
Common stock
Preferred stock
58,731,162
First mortgage bonds
Divisional mortgage bonds
Aocounts payable (siucepaid)
Accrued interest, taxes aud water
rents doc due
11
ALAKCE SHEET JUNK
30.
1901
Iietourcet—
PlantH and property
$14,633,683
Additions and Improvements to plants
359,614
Materials on hand Onarkirt. valiiw)
549,315
Aocounts and bills receivable and cash
1.976,158
Work under construction, balance due us... 1,187,545
1900.
$14,076,726
638,177
6J3.519
8>8.485
1,352,704
$18,70 3,312
$17,550,615
ifl,47.">,76-)
$1,021,713
647,832
(5)150,000
67H.l^
fVoL. LXXI1I.
55,%64,805
55,929,452
17,442,800
22,406,700
9,866,000
3,19 1,500
1,848,788
17,442,800
22,406,700
9,b65,617
3,236,500
697,291
17,442,850
22,406,585
9,665,122
3,281,500
1,683,411
Total
Liabilities—
Capital stock, preferred
Capital stock, common
$7,900,000
7,600,000
1.214,009/
2.0,000 f
1,742,303
Accounts payable
Bills payable (-ince paid)
Surplus
$7,900,000
7,000,000
. Aar QAa
J,4»o,y«»
,
668,666
$18,706,312 $17,559,615
Total
The board of directors now includes:
William L Krown, II H. Por'er Jr.. H. M. Hanna, L. O. Hanna, R.
L. Ireland. Robert Wallaoe, James C. Wallace, Luther A'.len L. M.
Bowers, J. A McGeaD, A. B. Wolvin, Andrew M. Joye. A. McVlttle,
W. C. McMillan, W. T. Coleman Caroenter.— V. 72, p. 243.
GENERAL INVESTMENT NEWS.
RAILROADS. INCLUDING STREET ROADS.
Baltimore & Ohio UR.—New Stock.— In order to finance
&
Wheeling, the
the acquisition of the Cleveland Lorain
Western, it is understood
Ohio River and the Pittsburg
Ohio will issue $25,000,000 new stock.
that the Baltimore
The plan for the reorganization of the Pittsburg
Western
is in preparation, and will be announced early in the fall.
&
&
V.
&
73, p. 337, 286.
—
Boston Elevated Ry. Atlantic Avenue Loop. The Massachusetts Railroad Commission has inspected and approved
the new Atlantic Avenue elevated loop, which will accordingly be put in operation in a few days.
The new surface line
from the Melrose line to Maiden Square wa3 opened Aug, 7.
—V. 73, p. 235.
Brooklyn Rapid Transit Co.— Guaranty on Elevated Company Bonds. — Pursuant to the terms of the lease of the
Brooklyn Union Elevated RR. to the Brooklyn Heights RR.
Co. for 999 years from July 1, 1901, notice has been given
that the guaranty will be printed on all Brooklyn Elevated
and Kings County Elevated bonds that are presented at the
general office of the Brooklyn Heights RR. Co., No. 163
Montague S:., Brooklyn, between the hours of 9 a. m. and 12
noon on Tuesday .Wednesday and Thursday of each week
during August and September. The form of guaranty is as
follows
Foe Value Received, The Brooklyn Heights RR. Co., having been
thereunto duly authorized, hereby guarantees the payment of the
principal and interest of the within bond, according to the tenor
:
thereof.
Witness, the corporate name of The Brooklyn
hereto subscribed and its corporate Seal affixed by
1901.
the
day of
—V. 73, p. 81, 81.
Heights RR. Co.
Treasurer as of
its
The Brooklyn Heights Railroad Company,
By
Treasurer.
Brooklyn Union Elevated RR. -Craara ity.— See Brooklyn
Rapid Transit Co above.— V. 72, p. 1279.
Buffalo Hamburg & Anrora Rj.— Receiver.— Justice
White, at Buffalo on August 19, appointed George W. Houck
of Worcester, Mass., receiver of this road on the application
455,386
405,898
379,156 of creditors whose claims aggregate about $12,' J. Holders
Surplus
3,519,988
1,810,000
870,828
of $179,000 bonds and the Buffalo Loan, Trust & Safe Deposit
Total
.58,731,162 55,864,805 55,9^9,452 Co., as mortgage trustee, protested against the appointment
-V.72, p. 1037.
of a receiver, but without avail.— V. 73, p. 82.
Chicago Burlington & Qaincy RR.— Called Bonds.—
American Ship Building Co.
Ninety-nine ($99,000)4 per cent bonds, due Sept. 1, 1921, have
(Report for the fiscal year ended June 30, 1901.
been drawn for payment and will be purchased at par on prePresident W. L. Brown says in substance:
sentation to the New England Trust Co., the trustee, at its
The business for the past twelve-months has exceeded in volume office, 85 Devonshire St., Boston, after Sept. 1, 1901, from
that of the previous year, and the prospects for the comiug year are
will cease.—V. 73, p. 235, 286, 291.
favorable. The capital stock remains unchanged from last year. which date interest
Regular quarterly dividends of 1 34 per cent have been paid on the
Cincinnati Newport & Covington (Electric) Ry.— Offer.—
preferred 6tock. All of the property and interests of the company are
Tne North American Co. it is stated has made a proposition
free from mortgage or incumbrances of every kind, excepting $150,000-purchase mortgage on the Buffalo plant. During the year the to purchase this property. The directors and shareholders are
company has acquired by purchase without increasing its capital expected to act up m it early in the fall. The " Cincinnati
stook the two dry docks, construction plant, machine shops, etc., of Enquirer " give3 the following details
the Union Dry Dock a>" Buffalo, N. Y., and leased the real estate, with
The North American Co. proposes to form a new company, with a capoption to purchase on terms favorable to the company.
$12,000,000, which shall take over the UnionLight Heat & Power
All of the plants, dry docks, shops an property have been kept in ital of
Co., that now owns thegas and electrlo plants and franchises in Covingthe best condition, the maintenance for this
:
t
purpose hwlng been
charged to operating expense, and the plants are fully up to standard
and equipment in every respect The work done aud under construc-
tion is as lollows: Vessels built, 40; carrying capacity, net tons, 191.*
000; vessels under construction, 21; carrjing capacity.net tons, 93,500; vessels dooked for repairs, number, 8 17. (The carrying capacity
based on draught of 18 feet.)
In the previous annual report reference was made to possibilities of
construction for salt water service, and it is gratifying to report that
during the past twelve.months contracts have been secured for the
Is
construction of 11 vessels suitable for this service. Four of these are
now engaged in trans-Atlantio trade, and the others so far as comfdeted are equipped and prepared for salt water, coast and trans-Atantio work, one Dei >g now on the way to San Francisco, and while
this business is yet largely in an experimental coudltlon, your President has reason to believe that other work of like character will be
secured. The time has come when combined and united effort should
be made in the e tire Great Lakes region looking to the construction,
maintenance and operation of ample water-ways from the lakes to
salt water, and It is to be hoped that agitation and legislation on the
subject will be promptly taken and followed up energetically until the
desired result is accomplished.
ton, Newport, Bel. evue.and other villages; and the CinoinnatiNewpo.t&
Coviugtou By., that controls all of the street railway lines on the other
(Kentucky) side of the river. The North American Co now owns all of
the stock of th Union Li^lK Heat <fe Power Co., the capital of whloh is
$3,000,000. On this there is a bond issue of $1,000,000 4 per cents,
which are largely held outside.
C. will be taken into the consolidaThe stockholders of the C. N.
tion on the basis of 100 shares of 4 per cent preferred stock of the new
company and 50 shares of oommon for every loo shares of the present
stock of, the; C. N. <fe C. held. This will ba equivalent to giving the
stockholders of the C. N. & C. one share of 4 per cent srock for one
share of the present 3 per oent stock and one share of new common for
every two shares of the present C. N. & C. stock held.— V*. 72. p. 1279.
-
&
Cleveland Cincinnati Chicago & St. Loais Ry.— Maturing
or Exchange. J. P. Morgan & Co. announce that they are now prepared to cash tha 5792,000 first
mortgage 7 per cent bonds of the Cincinnati Lafayette &
Chicago Ry. Co. maturing Sept. 1, 1901, and also the $78,000
first mortgage 7 per cent bonds of the Columbus Springfield
& Cincinnati Ry. Co. maturing Sept. 1, 1901, or to exchange
The earnings and ba'ance sheet follow:
them for general mortgage bonds of the Cleveland Cincin190001.
1899-00.
nati Chicago & St. Louis R?. Co. upon terms which may be
(Year.)
(iSmos.)
Net earnings
$1,998,542 $1,100,666 obtained upon application at their office. V. 73, p. 137, 82.
Dlv. 7 per cent on $7,600,000 pref. stook
553,000
532,000
Connecting Ry. of Philadelphia.— Consolidation.— Uader
Depredation and
Bonds— Payment
—
—
maintenance
Balance, surplus
271,905
$1,173,638
this title are
$568,666
being consolidated the following lines of the
Pennsylvania system, owning about 37 miles of road:
August
THE CHRONICLE
24, 1901.]
Philadelphia Germantown & Chestnut Hill RR.. 14 iuIIoh; Bigelatdfl
RR., one fifth of h mile; Kensington A Taoony RR., 7 mlleH; Fair lllll
RR.. 1 ujlh; Hustletou RB.,4 miles; Philadelphia Bustleton a Trenton, 4 miles, and old Conutotiug Ry. about 7 mllei>.— V. 7'2, p. 191.
Ml
Spring*; J l.«-dlle Hees, Fonda; O. Tmry Rogers. Prestdi-ut hluKhaiuStreet Hit: Thomas O'Connor, Wnt-rford; Hem. G
bamton; Charlaa E, Brtsbtn, BubaylervUle; llou. Lnwio vs Emert
um
.
Warrensburv; Watson N. Sprague, Greenwich; Thomas h Ooolidge,
New York city; Peter MoOartbv, roT,
OfBoerp: President, Addison B. Colvln; Vloe-Presldenf, George E.
Green; Secreta'y, Thoiuah O'Connor; Treasurer, F. i„. Cowles.
-oij,
i
Detroit Northwestern Ry.— Bonds Offered.—W. J Hayes
& Sons of Cincinnati are offeiing at par and interest §100,000
of this company's new \% per cent 20 year first m
gold bonds, guaranteed by the Detroit United Ry.— V. 72,
p. 1186.
Detnit United By.— Guaranteed Bonds.— See Detroit
Northwestern Ry. above.— V. 73, p. 337, 236.
Eel River RR.— Confirmation of Sate.—Judge Hrownlee,
it is stated, has confirmed the sale of the road to Elijah
Smith, representing stockholders' committee.— V. 72, p. 1187.
Erie RR. Intirest in Lehigh VaUfy A" 72.— See that com
pany below.— V. 73, p. 230, 137.
Frankfort & Cincinnati RR.— Safe.— This road, whioh
runs from Frankfort to Paris, Ky., has been acquired by
Charles E. Lewis, 10 Beaver St., New York. All the b1
and bonds were sold, and the price paid is reported as $350,The road was formerly known as the Kentucky Mid
C00.
land.-V. 64, p. 82.
Georgia Southern & Florida Ry.— Earnings.— The earn
ings for the year ending June 30, 1901, compare a9 follow
Fiscal
year,
19UO
Gross
earnings,
Net
earnings,
01.81,203.811 $30O,et>7
on Dividend Balance,
O'her
income.
Int.
$12,789
11,719
$1900
bonds.
paid.
&99.24
surplus.
$2i.l< (»
187,550
66,720
310,749
68,198
5 per cent paid on first preferred in
each year and 6 per cent on the second preferred in the late
year against 3 per cent in the earlier year.— V. 71, p. 909.
1899-C0. 1.U0.411
The dividends include
—
Grand Trunk Ry.— Six Months' Statement. Subject to
audit, the remits of the accounts for the half-year ending
June 30, 1901, are cabled as follows
Net
Balance,
Net
Gross
6 mos. end.
charges.
Advances.
surp us.
earnings.
June 30 — earnings.
£194,0 O
1901 (est.). .£2.288, 000 £743,000 £524,500 £24.500
53.716
152,066
697,142
491,360
19CO(aotual) 2,139,191
:
as above in 1901, together with the bal£2,500 remaining Dec. 31, 19C0, is sufficient to
pay the full dividend for the half-year on the four per
cent guaranteed stock (£104,396), and also a dividend of two
end one-half per cent on the first preferred stock (£85,400),
leavirjg a balance of about £6,700 to be carried forward. The
full dividend on the guaranteed stock was also paid last year,
but only one and one-half per cent on the preferred stock,
leaving a balance in 1900 of £336.— V. 72, p. 871.
Henderson Bridge Co.— No Dividend.— The shareholders
Nashville RR. Co. th&t
are being notified by the Louisville
it is necessary for the biidge company "to make provision to
pay the charge against it of franchise taxes aggregating
§105,295, and to prepare to meet in the future the franchise
tax which will likely be collected, and also to provide compensation for the services of its officers and the use of the
N. RR. Co., and also to
offices and organization of the L.
meet the bridge company's proportion of the cost of the Kentucky approach to its bridge now under construction." Consequently, in view of these conditior s, the directors have resolved that it is "impracticable to declare aDy dividend at
the present time."— V. 71, p. 287.
The surplus
ance of
&
&
Houston & Texas Central
RR.— Apprcved.— The
share-
holders on Ang. 15 approved the {.reposition to absorb the
property and franchises of the following controlled companies
Cent. Texas & Northwestern Ry., Garrett to Waxahaohle, 12 miles.
Fort Worth & New Orleans Ry., Waxahachie to Ft. Worth, 41 miles.
Austin & Northwestern RR., Austin to Llano, 116 miles.
Granite Mountain & Marble Falls City RR from a connection with
the Austin & Northwestern RR. to Marble Falls, 6 miles.
Lancaster Tap RR., Hutchlns to Lancaster, 6 miles.
The charter cf the company was also emended to permit of
the building of the proposed xtension from Burnet to Lampasas, 50 miles.- V. 73, p. 287, 236.
,
i
Hudson Valley (Electric) RR.— Consc lidation.— This company was incorporated at Albany on Aug. 15 with $2,600,000
authorized capital stock as a consolidation of the following
companies, w hoee shares it is stated are being exchanged for
the new stock on the basis named, viz.:
Glens Falls Sandy Hill & Fort Edward Street Ry., four shares of the
new stock for each share of the old; Warren County Ry., six for tlve;
Stillwater & Mechanicville St. Ry., two for c ne; Greenwich & Schuylerville Electric RR., share for share; Saratoga Traction Co., Bhare for
share; Saratoga Northern Ry., one for five.
About 101 miles of track is built or in the course of construction. In addition to this a valuable contract has been
secured with the United Traction Co., which provides run
ning rights to the important cities of Albany and Troy.
Freight as well as passengers will be carried. The main line
provides a continuous trolley route from the cities of Troy
Illinois Central RR.— Purchase.— The shareholder! will
vote at the annual meeting Oct. 16 on propositions to bay
the Peoiia Decatur & Mattoon and the Mattoi n & Kvansville railroads, comprising the divisions of the former Peoi ia
Kvansville RR,, foreclosed; also to Lurdiase (if
Decatur
found practicable) the New llai mony branch line extending
from Stewarti-ville to New Harmony, Ind.— V. 73, p. 287,
&
1
lnternuiii nul & Great Northern RR.— Sew B'tnds for
The company is coustructing a line from
instruction.
rth to Spring, Tex., a point on the Gulf division
Fort
north of Houston. The new line will be 280 miles long,
Bonds for this new mileage will be issued under the company's
present authorized first and second mortgages at the rate of
*10,000 a mile under each mortgage. The road from Marlin
to Bryan, 65 7 10 miles, has been completed and approved by
the Railroad Commissioners and $657,(00 of each class of
bonds have been issued. The gap between Marlin ar.d Waco
—
W
completed this fall.— V.
will be
73, p. 287.
Kansas City Fort Scott & Memphis RR.— New Officers.—
The following appointments effective Aug. 17 have been
announced from the office of the St. Louis & San Francisco
RR. as applying to this company, the Current River RR. Co.
and the Kansas City Memphis & Birmingham RR. Co.
B. L. Wlnohell, Vice-President and General Manager, St. Louis.
A. Douglas, Vloe President und General Auditor, in charge of accounting department, St. Louis.
C. H. Beggs, Vloe-President and Assistant Gen. Man., St. Louis.
Guthrie, Cravath & Henderson, General Counsel, New York, N. Y.
F. II. Hamilton, Seoretary and Treasurer, St. Louis.
Frederick Strauss, Assistant Seoretary and Assistant Treasurer, 15
Broad St., New York, N. Y.- V. 73, p. 286.
Late Shore
& Michigan Southern Ry.— Quarterly— Earn-
ings for the quarter
Gross
3 months
and the
six
Net
earnings.
end.June'60. earnings.
1901
$7,082,469
1900
6,307,163
6 months—
1901
13,669,218
12.728,382
1900
-V. 72, p. 1237.
months ending June 30 were:
Other
income.
2,453, £05
$212,957
88,784
5,114,422
5,044,730
517,877
143,886
$2,687,688
Interest,
taxes, tic.
Balance
surplus^
$887,957 $2,012,688
913.784 1.518,505
1,867, 8'7
1,853,786
3,764,422
3,334,830
Lancaster & Chester RR.— Bonds.— The company, in order
to change its line from narrow to standard gauge, has decided
The road is about
to issue an additional $135,000 of bonds.
29 miles in length, extending from Lancaster to Chester, S.C.
— V. 63, p.
458,
Leliigh Valley
report of the Erie
who
"An
is
also
RR.— Disposition
of Stock.— In the annual
RR. on another page, Chairman Thomas,
Chairman of the Lehigh Valley RR. Co., says
:
opportunity having been presented to your board to
secure an interest in the stock of the Lehigh Valley RR. Co.,
and believing that it would promote generally a better understanding and greater harmony between the managements of
the two companies, as well as ultimately return a profit upon
the investment, it was deemed wise to make such purchase.
The board is confident that this action will be a material advantage to the Eiie Company."— V. 73, p. 138.
Lehigh Valley Traction Co.— Purchase.— The company
has purchased from the Quaker town Traction Co. the line
from Quakertown to Perkasia, Pa., for use as part of the proposed toad from Allentown to Philadt lphia. The Quakertown Company in 1897 made a mortgage for |150,0o0.— V.
73, p. 82.
Long Island Electric Ry.— Operated Separately.
York & North Shore Ry. below.— V. 70, p. 1249.
— See New
Long Island RR.— Quarterly.— Earnings for the quarter
ending June 30 were
:
3 mo*, end.
June
Net
earnings.
Gross
earnings.
SO.
Other
Interest,
Balance,
incon.e.
taxes, etc.
surplus.
$36f\036 $252,476
146,105
330,812
1,206,458
The results for the fiscal year ending June 30 will be found
on a preceding page. V. 73, p. 32.
1901
1900
$1, 369,239
$500,100
412.170
$118,562
64,747
—
Louisville Anchorage & Pewee Valley Electric RR.—
Mortgage. The company las filed a mortgage to the Cincinnati Trust Co., as tiustee, to secure |350,0C0.of 3C-year 5 per
cent bonds, covering the proposed 14 miles of track with
equipment, franchises, etc.
—
Louisville & Nashville RR.— Purchase.— The company
bas purchased the Slielbyville Bloomfield & Ohio RR.,
successor of the Shelby ville & Bloomfield RR. (foreclosed
March 17, 1900), which in turn succeeded the Cumberland &
Ohio RR., Northern Division, extending from Bloomfield to
and Albany northerly along the Hudson River through Water- Shelbys ille, Ky., 26 miles. The purchase price is reported
ford, Mechanicville, Stillwater, Schujlerville, Greenwich, as §150,000.—V. 73, p. 395, 337.
Fort Edward, Sandy Hill, Glens Falls and Caldwell on Lake
Market Street Ry. of San Francisco.— Negotiations.— The
George to Warrensburg. The Saratoga division, which will Eastern syndicate which reef ntly purchased control of the
connect with the main line at Mechanicville, will provide a San Francisco & San Mateo Electric Ry. is neg. tiating, it ia
continuous route to Round Lake, Ballston and Saratoga from understood, for the control of this property through purthe cities of Albany and Troy. In addition the company chase of the stock held by the Huntingtons and the Hellman
owns Kayderois Park, at Saratoga Lake; Ondawa Park, be- syndicate.— V. 71, p. 82.
tween Greenwich and Schuylerville Fort William Henry
Massachusetts Electric Companies.— Subsidiary ComPark and the new Fort William Henry Hotel at Lake George.
pany.—The Massachusetts Railroad Commission has authorThe directors and officers are:
ized" the Lynn & Boston Street Ry. Co. [now Boston &
Edwin Langdon, President Central National Bank and Merchants' Northern
Street Ry., see V. 73, p. 184. J to apply the proceeds
Trust Co., New York City; Joseph A. Powers, Troy; Hon. Addison B.
Colvln, Hon. Erastus C. Kr ight, Buftalo; William W. Worden, Saratoga of the stock which it was authorized to issue on Nov. 6,
;
THE CHRONICLE.
392
1900, amounting to $554,400, as follows, viz.: $217,700 for
additional car equipment and $336,700 for the payment of
floating indebtednets incnrred for construction, etc.
Bof-ton line, from
Neto Live.— The new Melrofo Chelsea
Melrose to Boston, was opened Aug. 17; fare to Boston, 5
cents; limning time about one hour.— V. 73, p, 184.
Mil ford Attleboro k Woonsoekct Street Ry.— New Stock.
&
—
The Massachusetts Railroad Commission has authorized
the issue of $05,000 additional capital stock, for construction
and equipment, and for the establishment of a pleasure resort.— V. 78, p. 230.
Nashville By.—Neva President— Change, in Control.—Percy
Warner of Nashville has succeeded Mr. T. Edward Hambleton of Baltimore as President. This occurrence, it is understood, is the result of the purchase by Frederick M. Colston
and Ii. Lancaster Williams, of the bondholders' committee,
acting for a syndicate both of the stock held by Mr. Hambleton and of that held by the Baltimore Trust & Guarantee Co.
The *' Baltimore Sun " says:
These shares and others, it Is understood from an authoritative
fouroe. have been pooled with the International Trust Co. of this oity
(Baltimore), and the total comprises a clear majority of the stock issued. The price paid is withheld, but is understood to have been below the market price of *3 per share. The pooled stock Is now under
the control of a ooinuitttee representing the stockholders, and consisting of Messrs. R. Lancaster Willtains, Douglas II. Gordon, Frederiok
M. Colston. Oustavus Oberand J. W. Middendorf.
The company Is still in the hands of l'eroy Warner and E. C. Lewis,
receivers. The committee has borrowed some money and paid off the
(floating) obligations, and has alpo added to the plant of the eleotrio
company, besides restoring the credit of the corporation. The receipts
are stated to have fully justified the statements made concerning
them when the bonds were issued, the returns for June having been
$4,000 in excess of those of June of last year. It Is understood that a
reduction of the heavy taxation is promised, and that, notwithstanding the city has built Its own eleotric-llghtlng plant, the company is
assured of commercial demand for all the electricity It can furnish. It
Is also said that the ($1,567,000) bonds held In the treasury will now
become available for extensions and additions.— V. 72, p. 1240.
[Vol.
l,
XXIII.
Toledo Fostorla & FIndlay Electric Ry.— One Line in
Operation.—The line between Fostoria and Findlay, O, 17
miles, has been put in operation, through cars being run
hourly.— V. 72, p. 481.
United Railways & Electric Co. of Baltimore.— Payment
of Bonds. The $1,200,000 extension and improvement 6 per
cent bonds issued by the Baltimore Traction Co. will be paid
at maturity Sept. 1 at the office of the Mercantile Trust
Deposit Co. in Baltimore.— V. 72, p. 1281.
—
&
—
Washington & Franklin Ry.— Mortgage. The company
has made a mortgage to the Reading TruBt Co., trustee, to
secure $475,000 first mortgage 5 per cent gold bonds. The
mortgage covers the Altenwald cut-off of the Western Maryland Railroad.— V. 70, p. 478.
Washington Traction & Electric— Reorganization— The
reorganization plan has been matured and it is expected
will be ready for announcement the latter part of next week.
—V.
72, p. 1189.
Western
Maryland
Franklin Ry. above.— V.
RR.— Bonds.— See Washington &
73, p. 33.
West Virginia Central & Pittsburg Ry.— Dividend Increased.— The company has declared a semi-annual dividend
of 2 per cent, thus increasing the rate to 4 per cent per annum,
as against 3 per cent yearly (1^ per cent semi-annually) last
March and September. In March, 1900, 1 per cent was paid
and in 1899 1 per cent was paid in all.
Increase of Stock. — At the annual meeting last week it was
voted to increase tb.9 capital stock from $10,000,000 to $15,000,000; also, it is stated, to authorize the purchase of the
Landstreet Co. Replying to
capital stock of the Buxton
&
our inquiry regarding the $5,000,000 additional stock, Secretary C.
M. Hendley
writes:
The issuanoe of the stock was left discretionary with the direotors»
and they have not yet acted in the matter. It is expected that only a
small portion will be used at this time, and that for the acquirement
of certain coal and other properties oonneoted with the company's
Nashville & Clarksville BE.— Subsidy.— See " State & Ci'y
Department" page 406— V. 73, p. 337.
New Orleans City RR.— Consolidation.— The "New Or- present mining operations.— V. 71, p. 1221.
leans Times Democrat " says that H H. Pearson of PhiladelWhite Pass & Yukon Ey.— Three Years' Dividend.—At
phia is in New Orleans conducting negotiations on behalf of
an eastern syndicate, looking to the purchase and consolida- the annual meeting in London on August 9 a dividend of 25
tion of the four local street railways. Mr. Pearson also per cent (£2 10s. per £10 share) was declared payable in fullrepresented the syndicate which leased the property of the paid shares, making with the 5 per cent cash dividend paid
last March a total of 30 per cent to represent the profits of
New Orleans Gas Light Co. last spring (see V. 72, p. 91).
the first three years of the company's operations, viz., to
1270.
V. 71, p.
June 30, 1901.—V. 73, p. 339.
New York & North Shore Ry.— Consolidation to be DisThe "Philadelphia News Bureau" says:
solved.
Wiscasset Waterville & Farmington RR.— Mortgage.—
"The consolidation of this company with the Long Island Eleotrio The company has made a mortgage in favor of the Real
Ry., -which was effected in October, 1899, is to be dissolved. The New
York & North Shoreline may be absorbed by the New York & Estate Trust Co. of Philadelphia, as trustee, to secure $1,000,Queens County Ry., the principal owners of which also control the 000 bonds. The bonds are 5 per cent gold bonds in denominaNew York & North Shore property, but It is officially stated that this tions of $100, $5C0 and $1,000. They are dated July 1, 1901,
result is by no means certain, as the large interests in the two com- and are due July
1, 1931, but are subject to call on or after
panies have not yet reached any definite decision. While the New
York & North Shore and the Long Island Electric Railway companies July 1, 1911 at 105 and interest on six months' notice. The
—
have been virtually separated since July 1, 1901, the legal steps
necessary to terminate the consolidation have not yet been taken.
There has been some talk of having a receiver appointed for the New
York & North Shore Co., the consolidated company, as a method of
placing the constituent companies where they were before the merger,
but some of the Interests make objeotion to receivership proceedings,
inasmuch as the company is declared to be entirely free from indebtedness outside of its mortgage bonds.
Charles A. Porter, of Philadelphia, who has been President of the
New York <& North Shore Co.. is the principal owner of the Long Island
Electric Railway, and he will continue at the head of the latter company, while Jacob R Beetem, formerly of the Union Traction Co.,
Philadelphia, now Vice-President of the New York & North Shore Co.,
will probably continue in charge of the latter road. President Porter
informs us that the Long Island Company last year paid its fixed
charges, and the earnings for July, he says, showed an increase over
the corresponding month last year. He adds: "The principal reason
the consolidation is to be terminated is that the New York & North
Shore interests were not able, through circumstances that arose, to
build more than 6 miles of the 30 miles of new road whloh it was
agreed at the time of the consolidation would be constructed."
The Long Island Electric Ry. extends from Crescent Avenue, Brooklyn, to Jamaica, Far Rockaway and Queens. It
lias $600,000 of 5 per cent bonds outstanding.— V. 72, p. 1136.
amount now outstanding is $531,800.
The company was organized last spring under a special
Act of the Maine Legislature (Chapter 216, Laws of 1901)
and has purchased the Wiscasset & Quebec RR., the Waterville & Wiscasset RR. and the Franklin Somerset & Kennebec Ry. The Wiscasset & Quebec RR. extended from Wiscasset on the coast line of the Maine Central northerly to
&
Albion, Me., 43*£ miles, and the Franklin Somerset
Kenrebec Ry. was a new line partially constructed and extending
from near Waterville. almost due west through Oakland,
and New Sharon to Farmington, etc.. Me. As to the WisQuebec RR.— see V. 71, p. 603; V. 69, p. 233; V. 66,
casset
The authorized capital stock of the consolidated
p. 185.
company is $1,000,000 in $100 shares. Leonard Atwood is
President and Jos. C. Gill Treasurer. The Wiscasset
Quebec road was two- foot gauge.
&
&
—
Worcester Railways & Investment Co.— Stock Offered.
Vermilye & Co. of New York and Boston are offering by
advertisement on another page 15,125 shares, being the unOmaha & St. Lonis RR.— Sale Oct. 11.— The foreclosure sold balance of this company's issue of 60,000 shares, at the
price of §100 per share and accrued dividends at the rate of
sale has been postponed till Oct. 11.— V. 73, p. 338.
$4 50 per share per annum from Aug. 1st, 1901. The WorSt. Lonis & San Francisco RR.— Bonds Ready,— J. & W.
Seligman & Co.. managers of the refunding syndicate, give cester Railways & Investment Co. is a voluntary association
notice that the Morton Trust Co. is now prepared to deliver managed by a board of trustees in whom is vested the ownerthe new 4 per cent refunding mortgage gold bonds in ac- ship of the entire capital stocks of the Worcester Consolidated
Street Railway Co. and of certain other corporations which
cordance with the terms of the trust certificates.
In Control— See Kansas City Fort Scott & Memphis RR. are engaged in enterprises closely identified with street railway transportation. The various corporations controlled by
above.— V. 73, p. 287, 235.
the company, it is stated, earned for the year ending Sept. 30,
Shelbyville Bloorafleld & OhioRR— SoZd.— See Louisville
1900, an amount more than sufficient to pay $1 50 per share
& Nashville RR. above.— V. 71, p. 183.
(4K P er cent) per annum on the 60,000 shares of the WorSouthern Pacific Co.— President Hays Resigns.— Charles cester Railways & Investment Co. Application will be made
M. Hays has tendered his resignation as President of the to list the shares on the Boston Stock Exchange. Counsel
company'. V. 73, p. 33.
says:
Southern Ry.— Listing. The company has applied to the
The agreement and declaration of trust of the Worcester Railway &
the title to
capital
New York Stock Exchange to list the Mobile & Ohio col- Investment Co., under which the trustees holdRy. Co. and the various
of
stocks of the Worcester Consolidated Street
lateral tru6t 4 per cent bonds due Sept. 1, 1938, total issue other companies referred to in said declaration, specifically provides:
$9,500,000.— V. 73, p. 334, 340.
1. That all shares shall be non-assessable, and that there shall be
on the part
shareholders.
South Shore Ry.—Sold.— Bonds.— This company, control no personal liabilityor mortgage of the securities can be made without
of its
2. That no pledge
of which was recently acquired by the Dominion Securities the consent of two-thirds of all its outstanding shares.
3. That all shares shall participate equally In the benefits of the
Co, (See under Industrial Companies)) has authorized an issue
of bonds for the purpose, it is stated, of extending the line to company without preference of any kind, and In the dividends to be
declared by the trustees from the income of the oompany's investPoint Levis, on the river St. Lawrence opposite Quebec. The ments.
road at present runs from St. Lambert, on the east bank of
4. That no additional shares can be issued without the consent o
the St. Lawreuce River, 6% miles from Montreal, down the two-thirds of the outstanding shares, except for the purpose of taking
stock of the Consolidated Street Ry. Co. already authorized by the
St. Lawrence to Sorel, 51)£ miles, this being about one-third up
Railroad Commissioners of Massachusetts under an order dated June
of the distance from Montreal to Point Levis.— V. 70, p. 1049. 18, 1901.
—
—
August
THE CHRONICLE.
24, 1901.]
5. That the trustees shall be chosen by the shareholders for
term of tin tie years, and that annual meetings of the aharehui
shall be held lu the city of Worcester.
The shares of the Worcester Railways & Investment Co.,
according to the opinion of Bentley W. Warren, are exempt
from taxation in Massachusetts.
Further particulars will be found in V. 73, p. 8.1.
INDUSTRIAL. «A8 AND MISCELLANEOUS.
American Realty Co. Mortgage.— This corporation, r
cently organized by the International Paper Co, to handle
its woodland property, has made a mortgage to the Union
Safe Deposit
Trust Co. of Portland, Me., as trustee, to
secure $500,000 bonds. The mortgage, it is said, covers fortyone different parcels of land in five counties in Maine, aggregating 250,000 acres. The capital stock of the American
Realty Co. is §250,000. controlled in the interest of the International Paper Co. The Realty Company as a domestic corporation will be able to handle the real' estate business in
Maine more advantageously than would be possible for a
company incorporated under the laws of any other State.
-
&
—
American Thread Co. Bonds. The company has applied
New York Stock Exchange to list $202,000 additional
to the
lft mortgage collateral trust 4 per cent bonds of 1919.
These
bonds were issued in whole or in part in connection with the
purchase of the control of the Wool Exchange building, as
stated in V. 73,
p. 289.
American Telephone & Telegraph Co.— New Stock.— The
certificates of new stock, for which payments were made
August 1, are now being delivered to subscribers, alphabetically.—V. 73, p. 186,
84.
393
paid up on each
ting stock, upon which $13
mock wad
rhare.
The remaining $49, 000,1
0O6 mouth, full paid, to shareholders ot it-cui'i July 15
As part of the plan a e\» cih! •! i viiO per $60 snare.
of $1 50 a shaie was declared, payable until June 86 to
olden of record ol Jum
No Call on Underwriters, Tin* lubec libera to the underwriting syndicate have been officially notified that they will
havir.
tie obliged to take none ot l In- new stock, it all
the warrants. Checks
•ii by st( okboldera aud holders of
amounting to $2 per share allotted are being sent to the
member? of the syndicate as the underwriting CLiumissioc.
-V. 73, p. 339, 84.
.
.
1
—
Colorado Fuel & Iron Co.— New Directors— Old J ult rest
in Control.— At the annual meeting on Wednesday the
Still
new Eastern
interests elected four of the nine directore, leavThe new directors are:
iug the old interests still in control.
J. J. Mitchell, James A. Blair, John Lambert ami .1. W.
Uates; they succeed E. Thalmann, Ben T. Cable, J. T. Kebler and H. Ii. Wolcott, the rest of the board being re-elected.
J. C. Odgood heretofore President was elected Chairman of
the board, and J. A. Kebier, Mr. Osgood's " right-hand man,"
was advanced from the office of Second Vice-President and
General Manager to that of President, J. E. Heimerdinger
for some time a director was made Third Vice- President.
A. C. Cass was advanced from Third to First Vice-President,
and director Dennis Sullivan was elected Second Vice-Presi-
dent— V.
73, p. 140.
j
Crucible Steel Co. of America. Guaranteed Bonds.— See
St. Clair Furnace Co. below.— V. 72, p. 1282.
Distilling Co. of America.— Litigation.— Bert Reiss, as
stockholder and chairman of a stockuolders' protective com-
American Window Glass Co.— Arrangement loith Fcreign
Proaucers.— President Chambeis is reported to have arranged mittee of the American Spirits Manufacturing Co., and so
with the leadirjg Belgian producers to sell to his company the representing, he claims, over 3,000 shares of that company's
Davies to apply for a
300,000 cases of glass yearly which they have heretofore been stock, has requested Attorney- General
of mismanagement,
selling here through other agents, thus enabling the Ameri- receiver for the property on the ground
The Distilling Co. of America owns 324,634 shares out
etc.
can Window Glass Co. practically to control the price for
of a total of 350,000 shares of the American Spirits Manufacthe United States.— V. 73, p. 339, 289.
turing Co., and it is alleged by the complainant is conductAmes Shovel & Tool Co.— Consolidation.— This company ing the business for its own sole benefit. V. 73, p. 136.
was incorporated in New Jersey on August 17th, with
Dominion Securities Co. New Enterprise.— This com|5,000,000 authorized capital stock, of which $3,000,000 is
pany, whose shares have recently been quite actively dealt
preferred, to absorb the shovel business of the following
concerns: Oliver Ames & Sons Corporation, North Easton, in on the curb, was organized last May by W. Seward Webb
Mass.; T. Rowland's Sons, Philadelphia; Wright Shovel and associates under the laws of New Jersey, with §1,500, 000
Company, Anderson, Ind.; H. M. Myers Co., Beaver Falls, of authorized capital stock (all common — no bond*) to finance
Pa., and St. Louis Shovel Co., of St. Louis, Mo. The Oliver railroad enterprises in Canada. The company's charter is
Ames & Sons Corp. owns the largest shovel works in the similar to the charter of the Railroad Securities Co. organized
world and employs over 1,000 men. The charter of the new by the Harriman syndicate, and empowers the company to
company authorizes it to manufacture agricultural, farming buy and sell stock, bonds, etc., ot all kinds, and to loan
and garden tools, shovels, etc. Joseph H. Parks of Boston money thereon. The titBt enterprise undertaken is the finand New York arranged the consolidation
The New Jersey ancing of the proposed Cape Breton Ry. [described in V. 73,
office is the Corporation Trust Co. building, Jersey City. p. 183]. The Securities Company, it is stated, holds an assignIncorporators
Lawrence Greer and Herbert Taylor, New ment of the subsidies of that road, which in lands and cash
York City, and Oliver W. Mink, Boston. The preferred are valued at about $8,00il per mile. The construction comstock is 7 per cent cumulative par value of all shares, $100 pany will be allowed a certain amount (stated as 10 per cent)
of the profits, and the balance thereof, it is understood, will
each.
belong to the Securities Company.
Bethlehem Steel Co.— Mortgage Filed.—The |7,500,000
The construction also of other railroad lines is in contemmortgage for the purchase of the Bethlehem Iron Co.'s prop- plation, notably the extension of the South Shore Ry. (see
erty has been put on record. The Girard Trust Co. of Phil- oelow).
and possibly, if sufficient subsidies can be obtained,
adelphia is mortgage trustee.
of the Halifax & Yarmouth RR. from Yarmouth along the
Control. The option on this company's stock which it has
Atlantic coast to Halifax. The securities at present owned
been said was held by President Schwab, of the United are
stated as $950,00 J of the $1,000,000 capital stock and
States Steel Corporation, is reported now to be held by a
$2,400,000 bonds of the Cape Breton Ry. and 48 per cent of
syndicate headed by J. P. Morgan & Co.. and may or may not the
capital stock of the Manhattan Contracting Co. A mabe acquired by the Vickers-Maxim and Cramp Ship-buildirjg jority
also of the $2,000,000 stock of the South Shore Ry., it
interests.
Tne Bethlehem Company ceased making tteel is understood, has been or will be taken over. The President
rails some years ago and has devoted its attention chitnV to
is W. Seward Webb; Secretary and Treasurer, Arthur L.
the making of guns, armor plate, etc., for war vessels. The
Meyer. Office, 15 Broad Street, New York City.
desire of the present holders of the option, it is supposed, is
Equitable Was Light Co. of San Francisco.— Gas War.—
to place the property where it will not be operated for the
making of other steel products which might bring it into See San Francisco Gas & Electric Co. above.— V. 73, p. 3Jy, 64.
active competition with the United States Steel Corporation.
Equitable Illuminating Was Light Co. of Philadelphia.—
Output. The statement of gas sold in the City ot Pmladel—V. 73, p. 339. 80.
Calumet & Heda Mining Co.— Dividend Policy.— President phia for the quarter ending ending June 30, 1001, as filed in
Alexander Agassiz at the annual meeting this week said in the Comptroller's office, shows output, etc., as follows
—
.
:
;
—
—
:
Cubic feel gas:
substance.
In reply to oertaln crltlolsms which have been made with respeot to
the payment of a portion of our large dividends out of surplus, I oan
only say that the directors have acted for the best interests of the
company and the stockholders as a whole. In t lew of the high price of
copper It was considered advisable to distribute a portion of the surplus cash In dividends— the accumulations ot a number of years.
There was do reason to expect a continuance of the large dividends
paid when this surplus distribution was taJdcg place.
Owing to the disturbed oondltion of the iron industry, it has been impossible to get a slDgle pound of structural material for the equipment
of our amygdaloid mine. We cannot run the Immense plant which we
have laid out until the entire work is completed, and it may take two
years more before this is accomplished. The work of opening our
amygdaloid shafts has necessitated the expenditure of an immense
Bum of money, as has the building of a new stamp mill, and the purchase of large timber supplies, all of which has been charged to operating expenses. The loss by reason of the Are was very considerable. All
of this was in addition to the expenditure of large sums of money at
the smelting works for iini>rovcmeuts. These expenditures have given
rise to the false report thit we were placed In a very uncomfortable
position. All I can say in explanation Is that we have had in miud
solely the iuture welfare of the stockholders' interests.— V. 73, p. 235.
Cambria Steel
—
Co. Consolidation. The consolidation
the old Cambria Steel Co. and the Conemaugh Steel Co. was completed on Thursday by the filing of
the necessary papers at Harrisburg. Of the $50,000,000 new
stock, |5,000,000 will remain in the treasury and |16,O0O,0UO
will be issued, full paid, in exchange for the same amount of
under this
title of
1901.
3 months...
965,293,690
6 months
2,237,588.490
6 months, gross revenue
$2,237,583
Of which city receives...
223,758
— V. 72, p. 875.
1899.
1900.
871.260,690
2,030,018,290
$2,030,018
203,001
782,644,780
1,hk7,939.980
$1,887,940
183,794
Harrison Brothers of Philadelphia.— Dividend Passed.—
The company has passed the August dividend on the
preferred stock in view, it is stated, of the proposed increase in
the capital stock. The full 7 per cent yearly on the preferred
was paid from May, 1898, to 1001.— V. 70, p. 233.
Holman Locomotive Speeding Truck
Co.— Caution.—
»J0
This company, which was organized in 1897 with
of authorized capital stock, anl was supposed to have passed
out of existence, is again offering stock lor subscription. The
project consists in perching each of the drivers of a kcouiotivo on two friction wheels, which in turn communicate
motion to three wheels running on the track. The "Uailruad
Gazette" in its issue of April 9, 1807, said:
Now, every mechanical engineer knows that this whole proposition
is a mechanical absurdity.
The Introduction ol geerlng to multiply
speed is a clumsy and cosily way or arriving at a result which toold
,
jlngthe diameters of the
other hand, '20 additional wheels or rollers are introduced with their bearings ami
the pans n< oeasary to keep them
in position. Obviously there will he an lmmente lnoiease in friction,
and it Is nonsense to say that such a contrivance oan save coal. On
be reached bv the simple devloe
drivers.
On
i
[lie
;t 1
L
THE CHRONICLE.
39i
the contrary, It would take more coal to do with H the same work
that In done with an ordinary locomotive engine Added to thl.i Is the
fact that II would tic a dlllicult and coHtlv < instruction to keep n repair and the Htlll further fact that It would Itc a dangerous machine to
run over a railroad track at high speed.
i
Experiments with the truck were made on the former South
Jersey RR., but the Reading Co., which now controls the
South Jersey, informs ua that these experiments were discontinued at the time of the foreclosure sale in 1893.
Illinois Telephone & Telegraph Co.— Mortgag >.— The
com{ any has filed a mortgage in favor of the Equitable Truat
Co. of Chicago as trustee to secure f 5,000,000 of 5 per cent
[YOL. LXXI1I,
Union Light Heat & Power Co. of Covington, Etc.— PossiConaol dution — See Cincinnati Newport & Covington
ble
Ry. above under " Railroads.— V. 73,
p. 36."
United States Battery Co.— Increase of Stock —The sharehollers will vote Sept. 4 at the office, No. 552 State S:.,
Borough of Brooklyn, City of Now York, on a proposition to
increase the capital stock from $250,001 to $3 000,000, the par
value of shares to remain $t00 each. D. H. Darling is President and D. H. Darling Jr., Secretary.
United States Flour Milling Co. —Foreclosure Sale.—
Judge Thomas, sitting in the United States Circuit Court,
30-year bonds. The sale of $3,000,000 of the new issue, it is on Aug. 20 handed down a final decree in the foreclosure suit.
claimed, has been arranged wi h a view to establishing a The decree orders that the property shall be offered in two
telephone system in Chicago. The capital stock U $5,000,000. parcels (one of these to comprise the mills of the former
—V. 69, p. 887.
Hecker Jones Jewell Milling Co.), and then as a whole. The
International Paper Co.— Mortgage. —See American Realty amount due for principal and interest of the United States
Company's mortgage is stated as $8,270,158. The Standard
Co. above and report on a preceding page.— V. 72, p. 1037.
International Silt Co. Incorporated. This company has Milling Co. has been organized per plan in V. 70, p, 284; V.
V".
72, p. 535.
been incorporated in New Jersey with nominal capital stock 71, p. 185, as the successor company.—
United States Glass Co.— Dividend.— The company has depreparatory, it is understood, to carrying out
(|125,0Q0),
some such consolidation plan as that mentioned in V. 72, p. clared a dividend of 4 per cent on the preferred stock. This
is the first dividend since 1894
The accumulated dividends
1283.
Mortgage.— The company on the preferred shares, it is stated, still aggregate about 56
Lansing (Mich.) Sugar Co.—
has made a first mortgage to the Detroit Trust Co., as trus- per cent. The authorized capital stock is $5,000,000, of which
and $690,000 of 8 per cent preferred is
tee, to secure $3)0,000 5 per cent bonds maturing in 1903, $3,458,100 of common
1904 and 1905. The Detroit "Tribune" says: "Only $150,000 outstanding; par value of shares $100. V. 71, p. 346.
United States Reduction & Refining Co.— Sales.— Sales of
worth cf the issue will be used at the present time. The
plant at Lansidg is said to be one of the mo=t extensive in the common stock are reported on the curb at 37^" to 42%,
the country." Contracts for the building and equipping of closing at 41j,£ bid, and of the preferred stock at 47 to 60,
the plant, which, it was said, would cost about $600,000, closing at 59J£ bid. The bonds are offered at 97. See full
statement in V. 73, p. 36.
were awarded last January.
United States Steel Corporation. -N;w St ock.—The comManhattan Ice Co.— Receiver.— Judge Brown of the United
pany has applied to the New York S:ock E xchange to list
States D. strict Court has appoiated Theodore M. Taft re
ceiver of the company's assets. The receiver previously ap$1,875,000 additional preferred and $2,037,800 additional compointed by the New York Supreme Court, it was repre- mon stock. This is the new stock which is exchangeable for
sented, has not been acting in harmony with the Bankruptcy the stock of the Shelby S eel Tube Co. per terms in V. 73, p. 349.
Strike.
Following the exarnp'e of the Amalgamated men
Court.— V. 72, p. 823.
National Rolled Steel Car Co.— Incorporated in New at Joliet the members of the Association at the Bay View
Jersey. This company has been incorporated under the laws plant at Milwaukee have re-considered their action ani
—
—
—
—
of New Jersey. The authorized capital stock is $600,000.
Incorporators, H. E. Long, W. H. Phillip?, William H. Williams, F. C. Williams and David Evans.
Incorporation
papers were filed by the company some mouths ago in West
Virginia. See V. 72, p. 186.
North American Co.— See Cincinnati Newport & Coving
toa Ry. under " Railroads " above.— V. 73, p. 30.
Northern Navigation Co.—Mortgage.— See Northern Commercial Co. above.
Pacific Packing & Navigation Co.— Options Closed.—
This company, whose securities were recently described in
this column (V. 73, p. 143, 239), has closed options on all of
its properties, the principal of these being as follows:
Pacific Steam Whaling Co., 7 canneries; Paolflc-Amerloan Fisheries
Co. (V. 70, p. 999), 4 canneries; Ainswortk & Dunn, 3 canneries;
Thllnket Packing Co., 2 canneries; Boston Fishing & Packing Co., 1
r
cannery; Western Fisheries Co., 1 cannery; Chilkoot Packing Co.. 1
«annery; Taku Packing Co., I cannery; Falrhaven Cannery Co., 1
cannery; Chatham Straits Packing Co., 1 caDnery; Icy Strai.s Pack
ing Co., two canneries; Quadra Packing Co., 1 cannery.
The Alaska Packers' Association (V. 72, p. 672; V. 73, p.
84) while not in the combine, will, it is said.be operated ia
harmony with the new company, and later may perhaps be
absorbed.— V. 73, p. 23), 142.
Safety Car
Heating & Lighting Co.— Extra Dividends. —
The company has declared with the usual quarterly cash
div-
idend of 2 per cent an extra dividend of 3 pr cent in cash,
both payable Sept. 1; also a stock dividend of 10 percent,
payable Oct. 1 from stock in the treasury.— V. 71. p. 1223.
St. Clair Furnace Co.— Bonds Offered.—The Pittsburg
Trust Co. is offering a block of this company's first mortgage
5 per cent bonds, interest payable Feb. 1st and Aug. 1st;
Pittsburg Trust Co., trustee. The principal and interest of
these bonds are guaranteed by the Crucible Steel Co. of
America. See St. Clair Steel item in V. 72, p. 1285.
St. Clair Steel Co.— Bonds.— See Sr. Clair Furnace Co.
above.— V. 72, p. 1285.
San Francisco Gas & Electric Co.— Prices Cut—This
company has reduced tho price of its gas in the district
bounded by Montgomery, Polk, Broadway and Market streets
from $1 40 a thousand cubic feet to 75 cents, in order to meet
the competition of the Equitable Gas Light„Co.— V. 72, p. 824.
Sharon Steel Co.— Operations.— The company's entire
plant, embracing blast furnace, open-hearth steel works, tin
plate mills and rod, wire and nail mills, it is stated, will be
in full operation within a month. The Sharon Tin Plate Co.,
which owns the 20 tin plate mills, will turn over its output
to the American Tin Plate Co. (United States Sieel corporation) under the agreement announced earlv in the year.— V.
73, p. 142.
Springfield (Mass.) Gas Light Co.— Sale of Minority Stock.
shareholders have sold
out to Thompson, Tenney & Crawford of New York for $200
a share, an advance of $15 on the price paid by the same
firm for the majority stock last winter.—V. 72, p. 584.
Toledo (0.) Gas Light & Coke Co.— Lease Approved.— The
City Council, confirming the action of the Board of Alderman, has approved the lease of " the old and abandoned city
gas plant" to this company.— See V. 73, p. 295.
—A press dispatch says the minority
places.
Tae leading plants of the National
Wheeling districts, inCo. in the Pittsburg
cluding those at McKeesport, are also idle. The Carnegie
works, however, continue in full operation, the rail output is
undiminished, and the output of the hoop, bar and sheet mills
is being gradually increased. The rod and wire mills, excepting that at Joliet, are reported unaffected. The Amalgamated Association apparently realizes that a3 its funds
are rapidly being drawn down, its position is becoming desleft
their
&
Tube
perate.
-V.
73, p. 349, 290.
Waterloo Water Co. of Muscatine, Iowa.— Called Bonds.—
6 per cent bonds dated Sept. 1, 1886, have been called for
redemption at 103 and interest, and will be paid upon presen-
Tae
tation at the office of the Farmers' Loan & Trust Co. New
York City, on and after Sept. 1, 1991.
Wheeling Lake Erie & Pittsburg Coal Co.— Notice—New
Bo ids. —The reorganization committee— Louis Fitzgerald,
Chairman— gives notice that on and after August 26 hollers
of reorganization certificates issued by the Mercantile Trust
Co. for first mortgage bonds, under the agreement dated
April 11, 1900, may exchange the same at the office of the
truat company, for the bonds of the new company to which
—
See advertisement on p. vii V. 73, p. 36.
Portland Cement & Chalk Co.— Sold.— At
the foreclosure sale which took place recently at Richmond,
Ark., the property was bid in for $160,000 by L. Heynecker
they are
White
entitle:!.
Cliffs
representing the bondholders.
See V. 73,
p. 188.
of the advertising firm of Albert Frank &
suddenly in this city on Monday. For the past thirty
years Mr. Frank ha3 been engaged in the newspaper advertising business in New York, giving special attention to financial advertising, and a very large share of this class of advertising has been placed through his agency. The business will
be continued by the junior partner, Mr. James Riscovar,
who is a son-in-law of the late Mr. Frank and also President
of the news service known as the New York News Bureau.
Attention is called to the advertisement offering 20,000
shares of the stock of the Arizona Commercial Co. The
stock is offered at par, viz., $10 a share, and the proceeds
from the sale are to be used foe the erection of a reduction
plant. The company owns copper mines at Globe, Arizona,
and, it is stated, has ore exposed for a length of 1,000 feet,
representing a gross value of $4,000,000.
The Consolidated Tobacco Company gives notice that,
upon surrender of certificates of deposit of common stock of
the Continental and American T-obacco companies, the Morton Trust Company will, on and after August 27, be prepared to deliver 50 year 4 per cent gold bonds of the Consolidated Tobacco Company.
—Ouray County, Colorado, funding bonds are offered by
E. D. Shepard & Co. at 89 and accrued interest, yielding 4.%
per cent on the investment. The assessed valuation, exclusive of railroad property, is given at $2,000,000. Other details
can be found in the advertisement on page 409.
—Granger Farwell & Co. of Chicago, New York and Indianapolis have compiled and are distributing ia circular
form an elaborate summary of the operations of the Pennsylvania RR. as bearing on the value of the company's stock.
—Albert Frank,
Co., died
—
—
August
24,
THE (CHRONICLE.
1901.]
^Reports
and documents.
COMPANY.
ERIE RAILROAD
EXTRACTS FROM TUK SIXTH ANNl'AI, REPORT-FOB THE FISCAL VKAIi ENDING JUNE
Yohk, August
Ni:\v
30, L901.
Ilolihrs of th- Erie Raxlmad Co.:
To the
The following report of the operations of your pro]
for ti e year ending June 80, 1901, is respectfully subniitt<
by the Hoard of Directors:
I
.1
i
EARNINGS AND EXl'KVSES.
Earnings.
Passenger
Mail
Express
Rents
Miscellaneous
Total Earnings
(1
of
Structures
$95,147
7.361,859
7. 372,829
D. 281
J. 61.290
7.
!>1
81
47
07
22
7.15,27070
D. 96,87b 49
7.
$£09,270 bl
7.
$314,270 66
Expenses.
Way
Maintenance
Maintenance
Inc. or Dee.
$39,102,302 42 $38,293,031 87
For—
ai
1900.
1901.
$20,247,910 35 $20,1.1-2,762 44
9,037,085 90
8.675,226 09
7,278.053 75
6,905,224 28
491,920 38
492,17145
677,:-19 79
616.029 57
1P6.256 47
120.985 77
J.233.755 78
1,330,632 27
$4,288,894 67
$3,974,618 01
or Equip-
ment...
6,057,250 12
6,889,647 42
D. 832,397 £0
16,138,787 08
852,647 35
1,069,395 05
15.80P.021 02
780,795 75
7.332,766 06
Conducting Transportation
General Expenses
997,52294
7.71,85160
7.71,87211
Total Expenses.... .$28,406,974 27 $28,448,C05 14
•
1
(
I
oei
'.
Thd*
bituminous tonnage amounted
to 1,859,556 tone,
;i
de-
crease of 1*64 per cent, or 72,H78 tons as compared with the
previous year.
The coke tonnage ecpualed 1,674,331 tons, an increase of
92,810 tons, or 5 87 per cent over the previous year.
The coal tonnage of the Company amounted to over 47
per cent of the total tonnage handled.
An almost total suspensi n of business in the anthracite
coal region in the months of September and October, due to
the strike of the miners, affected unfavorably the volume
of bosines as well as its cost, while the better prices obtained after the resumption of work served in a slight
measure to recoup the loss of earnings. The diversion of
traffic from the months in which it is usually handled resulted in crowding it to later months when weather conditions and a more congested traffic rendered impossible so
economical a working as heretofore; especially is this reflected in the train load, which, owing to these causes, was
unfavorably affected during months that usually produce
excellent results.
-
D. $41 ,630 87
Taxes
4
.
I
The following statement shows the gross earni
pen-is and net earnings from operations for the fiscal yeai
of the entire system (excepting the New Jersey A: New
Yoi k Railroad and the Coal Companies), including the
Union Steamboat Line, Union Dry Dock for a part of tin
year, dining cars and restaurants, and the Erie & Wyoming
Valley Railroad for the last four months of the year; and
for comparative purposes similar figures, excepting lor the
Erie A: Wyoming Valley Railroad, are also given for the
fiscal year of 1900.
From -
miles for the year, as against 1,898,166,221 toii miles for
previous J ear.
The revenue received for the transportation ol this traffic
5 90, as again
the
amounted t<
T per cent.
or
vear 1900, being an increase of |861.859 s
The average rat e per ton per mile was 1*91 mills, as oom>
•">? mills last
year, an increase of 0*81 mills, or
pared with
741 per cent.
The average haul inoreased 0*25 per cent or 0*379 miles,
having been 149,826 miles as compared with 149,447 mile-.
If the coal transported 6,240,820 tons were anthracite, or
16,981 tons less than last year, being a decrease of 6*68 pi t
I
Bond and Short
Freight
Coal
8
General Freight Traffic.
Net Earnings from Operation
Ratio of
$10,695,328 15
Expenses
$9,844,426 73
7.
$850,901 42
to
Earrings
Raiio of Expenses to
Earn's omitting Taxes
and Betterments . ..
72-65%
74-29%
D. 1-64%
66*57%
68*55%
7>.l*9S
The gross revenue of the Company from transportation,
as shown above, amounted to §89,102,302 42, which was an
i,
increase of $809,270 55, or S 11 per cent over the preceding
twelve months; while the operating expenses amounted to
$28,406,974 27. a decrease of 0-15 per cent, or $41,630*7. as
compared with the year 19C0, giving in net earnings $10.
695,328 15, an increase of $850,901 42, or 8 64 per cent over
-
last year.
The entire freight
merchandise and
the Company, including both
traffic of
coal,
amounted
to 25,999,602 tons, being
a
decrease as compared with the previous twelve months of
948,290 tons, or 3*52 per cent.
The tons carried one mile decreased from R,157, 955,975 ton
miles to 4,989,581,988 ton miles, or 168,373,987 ton miles,
being 3-26 per cent.
The total revenue derived from the transportation of
freight traffic amounted to $29,284,996 25, as compared with
$28,827,988 53 for the year 1900, an increase of 1-59 per cent,
or $457,007 72.
T he general average freight rate per ton per mile was 5 87
mills, being 0*28 mills greater than the previous year, or
5 0l per cent; and the average haul increased from 191-405
miles to 19: "909 miles, or
504 miles, being 0*26 per cent.
-
-
-
The Eaiio
Expenses to Earnings was 66-57 per cent,
being a decrease of T98 per cent as compared with the last
fiscal year.
Including the results of the water lines, taxes,
and the betterments and additions charged in operating
expenses, the ratio was 72-65 per cent for the year, a deof
crease of 1*64 per cent.
MERCHANDISE FREIGHT.
The merchandise freight transported by the Company for
thetwelve months amounted to 13,725,395 tons, a decrease
of 521,241 tons, or 3 6fc' per cent, as compared with the previous year. The greater portion of this decrease was on the
lines between Chicago and Marion Junction and east of
Salamanca, those portions which can be and are most
cheaply operated, there being an increase in tonnage on the
Nypano, where, by reason of physical location, the traffic
cannot be as economically or efficiently transported.
The number of tons carried one mile amounted to 3,150,581.872, as compared with 3,250,789,754 last year, a decrease
-
of 3-35 per cent, or 109,207,882 ton miles.
The total revenue received frem the transportation of
merchand se freight amounted to $20,247,910 35, an increase
of $95,147 91, or 0-47 per cent as compared with the last year,
the revenue of which was $20,15?, 762 44.
The average rate received per ton per mile was 6'43 mills,
as compared with 6-18 mills for the previous year, an increase of 0-25 mills, or 4-05 per cent.
The average haul increased from 22883 miles to 229-54,
an increase of 72 miles or 31 percent.
The falling off in tonnage was due to the short period of
-
-
general business depression which existed during the first
part of the fiscal year, but this loss of revenue was more
than made up by the increase in the average rate per ton
per mile and the slightly greater haul. The average revenue
per ton per mile blso indicates the greater stability of rates
which existed during the larger part of the year.
Coal.
The total coal tonnage transported for the year amounted
to 12,274,207 tons, a decrease of 3-36 per cent, or 427,019 tons
as compared with the year 1900.
The tons carried one mile also decreased to the extent of
3*12 per cent, or 59,166,105 ton miles, being 1,839, 01 0,116 ton
The prosperous condition of the country during the greater
portion of the year insured a greater stability of freight
rates, giving the Company proportionate ly better compensation for the work done and which more than made good the
decrease in 'he volume of tonnage handled.
In addition to the above tonnage, company's freight
amounting to 3,230,028 tons was transported, making the
grand total of tonnage handled 29.229,630 tons.
In transporting this total tonnage, 13,300,036 train miles
were run, a decrease as compared with the previous year of
4-85, per cent,
eing 678,098 train miles, the freight tonnage
decreasing 3*84 per cent.
The revenue per freight train mile was 82 20 as compared
with $3 06 the previous year, an increase of 14 cents, or 6*76
percent. The average train load of revenue freight was
375-16 tons, an increase of 6 16 tom>, or 167 per cent.
Including the Company's freight, the average train load was
400-22 tons, as against 392*32 tons last year, an increase of
nearly eight tons or a little over 2 per cent. The average
number of tons of freight in each loaded car increased from
16-73 tons to 16-89 tons, an increase of 0-16 tons or 0*i»L> pi v
cent.
Including the Company's freight, the average earload on the system was 1802 tons, an increase of 023 tons
compared with the previous year.
I
-
Passenger Traffic.
The passenger traffic of the Company continues to show
a very encouraging growth, and the results for the year are
quite satisfactory.
The
total
number
year amounted to
of passengers transported
17.209.itou. as
compared with
during the
16,527,876,
an increase of 4-13 per cent, or 682.021 passengers.
The number of passengers transported one mile equaled
469,670,3ss, an increase of 23,479,621 passenger mile-, or 5 26
per cent.
The total revenue amounted to $7,278,053 75, an increase
of $372, S29 47, or 5-41 per cent.
The average fare received from each passenger per mile
was 1-550 cents, as against 1*548 cents last year, an increase
of 0002 cents, or 0*129 per cent.
The average distance traveled increased from 27 miles to
27 3 miles, or 11 per cent.
-
THE CHRONICLE.
396
The average revenue received from eaob passenger was
42*8 cents, as against 41*8 ecu is the year previous, an increase
of 0*5. cents.
In handling this traffic 8,241, 102 train miles wore run, an
increase of "66 peroenl as compared with he previous year.
Tin- earnings per passenger train mile were $1 05 as against
$1 01 for the year 1900, an increase of 8*71 per cent.
The average number of passengers in each train was 56*99
as against, 55*04 passengers last year, an increase of l'9fl passengers, or 8*54 per cent.
The average Dumber of passengers in each car was 17 21,
an increase of 0*82 passengers, or 1*89 per cent.
While the volume of the business increased 4'13 per cent
and the earnings .V 10 per cent, the train mileage increased
only 1*86 per cent.
Of the total number of passengers handled 16,638,165 were
local and 57<i,7:>."> were through passengers. Both classes of
traffic show an increase.
The greater increase, however, is
in the local business: although the average local fare shows
a slight falling off, the haul increased, resulting in an ini
l
-
[Vol. LXXIII.
&
Mining
Exchange Company, comprising what are called
the Erie Coal Companies.
A Consolidated General Balance Sheet of these Companies
is given [Table 161 In the pamphlet, which shows their financial condition,
'l in
Erie Income account is credited with
$1,274,880 48 as the net revenue received from these Companies at the close of the fiscal year. The amount represents the profits of the Pennsylvania Coal Company from
January 18, 1901. or live and a half-months, and of the other
Coal Companies for the fiscal years ending June 80, 190') and
1901.
It has been customary heretofore to include but one
year's coal earnings in the Erie income account, the coal
acceunts not having been closed in time to include the
results of the corresponding year with the Erie; they were
therefore one year behind. This year the coal accounts for
the twelve months ending June 30, 1901, have been closed
so as to permit the results of this as well as the preceding
year to be included in the Erie Income Account.
The anthracite mines suffered a loss in tonnage and an
increased expense by reason of the miners' strike in September and October; otherwise the general condition of the
Company's coal business has been satisfactory, and it is
hoped that this condition can at least be maintained.
creased revenue per passenger. On the through business
the average haul'decreased, but the average rate shows an
increase, which results in a greater revenue per passenger
per mile.
EQUIPMENT TRUSTS.
The Pavonia Ferry, transporting passengers across the
Of the Equipment Trusts assumed by your Company from
North River, handled 14 602,418 passengers, an increase of the
New York Lake Erie & Western Railroad Company,
338.605 passengers over the number handled during the preThere was a balance on Jane 30, 1900, of. $1,160,080 00
ceding twelve months.
Upon which pavments have been made
The suburban territory adjacent to New York is gradually
to June 30, 1901, of
302,850 00
developing each year, and the Company's commutation
$857,230 00
traffic, although transported at very low rates, is showing Leaving a balance on that date of
Of the Trusts assumed from the New York
fairly satisfactory results, and notwithstanding the very
active competition which exists, the Companj's through Pennsylvania & Ohio Railroad Company,
There was a balance on June 30, 1900, of. $1,358,879 21
travel is steadily increasing.
Upon which payments have been made
to Jane 30, 1901, of
123,744 03
EXPENSES.
Maintenance of Way and Structures.
Leaving a balance on that date of.
1,235,135 18
During the year $4,288,894 67 were expended for the
Or a grand total of.
$2,092,365 18
Maintenance of Way and Structures, being an increase of
Of the Equipment Trusts created by this Com$314,276 66, or 7"91 per cent, as compared with the previous
pany prior to this fiscal year,
year. [Details given in pamphlet report.]
There was a balance due on June 30,
Maintenance of Equipment.
l900.of
$2,133,324 92
The sum of $6,057,250 12 was expended in the Maintenance Upon which payments have been made
to June 30, 1901
349,329 96
of Equipment during the year, being a decrease of $832,
397 30, or 12*08 per cent, as compared with the previous Leaving a balance on that date of
1.783,994 96
year. [Details given in pamphlet report.]
During the year Equipment Trusts have been
made covering 100 furniture cars, 25 passenger
Conducting Transportation.
The sum of $16,138,787 08 was expended in Conducting cars, 2,041 box cars and 25 locomotives,
$2,161,801 32
Transportation throughout the year, being an increase of Amounting to
Upon 'which payments have been made
$332,766 06, or 211 per cent, as compared with the previous
to June 30, lyOl
140,650 97
year. The increase is due to the greater amount of pasLeaving a balance on that date of
2,021,150 35
senger business handled, the miles traveled by passengers
having increased 5-26 per cent, also to the increased cost
Making the total Equipment Trusts
and consumption of fuel, the average price of coal per ton
outstanding as of June 30, 1901
$5,897,510 49
having increased 8*06 per cent, and the total consumption
The total payments on account of Equipment Trusts made
3*85 per cent.
during the year amounted to $916,574 96.
The consolidation of loads at transfer houses and other
CAPITAL STOCK AND FUNDED DEBT.
points resulted in an increased average tonnage per car of
320 pounds, or a saving of 14.722 cars.
The Company's outstanding Capital Stock has been increased during the year by the issue of 50,096 shares of First
CONSTRUCTIOV.
Common,
The Company's Capital or Construction Account for the Preferred, and 215 shares of the year making the Capital
stand as follows:
Stock account at the close of
year is charged with $890,805 27, representing expenditures
Authorised Issue.
Issue.
for additions and betterments made to the property.
Non-cumulative four per cent First
From December 1, 1895, the date of the organization of
Preferred
$48,000,000.00
$47,892,400 00
this Company, to June 30, 1901, the sum of $4,437,354 37 has Non-cumnlative four per cent Seoond Preferred
16,000,000 01
16,000,000 00
been expended in improvements and additions to the propCommon
113,000,00; 00
112.37S.900 00
erty and charged to Capital Account.
Total
$177,000,000 00 $176,271,300 00
EQUIPMENT.
$9,600 00 of the increase in the First Preferred and $21,The company's capital account has been charged during
500 00 increase in the Common Stock represents the purthe year with $2,816,954 41 for additional equipment
chase of similar amounts of Preferred and Common Stock
From December 1, 1895, to June 30, 1901, the sum of $10,
898,537 56 has been expended for new equipment charged to of the New York Susquehanna & Western RR. Co. The additional $5,000,000 00 increase in the First Preferred stock
Capital Account.
In addition to the above, $106,879 17 was expended out of represents part of the purchase price of the Pennsylvania
the New York & Greenwood Lake Railroad Company's Coal, Erie & Wyoming Valley and Delaware Valley &
Construction Fund for locomotives and passenger cars for Kingston Railroad properties hereinafter referred to.
Of the Prior and General Lien Bonds secured by the Comthat Division.
While tbese expenditures may appear large, peculiar exist- pany's First Consolidated Mortgage Deed, an additional
ing conditions rendered them necessary. As stated in previ- $1,548,000 00 Prior Lien and $1,903,000 00 General Lien
ous reports, the condition of the Company's equipment at the Bonds have been issued and sold during the year.
The total amounts of bonds issued under that mortgage,
date of its organization, together with commercial demands
and the necessity of reducing the cost of transportation and now outstanding are:
$34 000,000 00
of increasing train loads, has made it imperative to make Prior Lien Bonds
Lien Bonds
34,857,000 00
large additions to the rolling stock. The original tonnage General
The statements published herewith show in detail the
capacity has teen more than fully maintained out of Operating Expense*, but this would not by any means take care Company's entire funded debt, rentals of leased lines and
other fixed obligations as of June 30, 1901.
of the traffic; hence the necessity for additional and
.
modern
INCOME ACCOUNT.
The Income Account [Table No. 2, in pamphlet] shows
As stated elsewhere, Equipment Trusts covering the pur- the sources of the Company's income for the year, and
chase of twenty-five passenger coaches, 1,500 box cars and from which it will be seen that the
equipment to partially meet demands that
still
continue to
be pressing.
100 furniture cars were made during the year, chargeable
to Capital Account, and for twenty-five freight engines and
544 box cars, chargeable to Operating Expenses.
COAL COMPANIES.
Gross Revenue from operations amounted to
Operating Expenses and Taxes
.$39,102,302 42
28,406,974 27
Net Income from operations
Income from securities owned, eto
.$10,695,328 15
1,496,077 53
With
Total lrcome
Railroad
Interest and rentals
the exception of the Directors' shares, the Erie
Company now owns the entire capital stock of the
Pennsylvania Coal Company, the Hillside Coal & Iron Company, the Blossburg Coal Company, and the Northwestern
Leaving a balance to credit of Profit and Loss
$12,191,405 68
9.368,249 34
of....
$2,823,156 34
August
THK
24, 1901.]
<
HRONICLE.
Since the close of the year, the Board has deemed it pi
year should be
that a pan of the Company's surplus for
distributed to Its stockholders, and aooordingl; a d
on the First Preferred stook of one snd one naif pet oent,
1
1
Company Pennsylvania
Collateral Ti
part payment for the P<
Wyoming Vallej Railroad and Delaware v.ii,i. Erie 4
Kingston Railroad properties.
The increase of $75,152 80 in "Construction Obligatioi
a additional amount due the City of Buffalo for
(incrossing work, less payments of $12,000 00 m
struction Notes" <»f the New fork Laki
Railr ad Company.
The increase of $889,675 00 in "Mortgage on Real
is due to the fact that the Company assumed the mo
certain portions of the property between Twenty-eighth and
Twenty-ninth streets and Eleventh and Thirteenth a
Dues, in the City of New York, purchased for a freight yard,
on portions of the prop*
[n addition there were moi
itv of the Erie & Wyoming Valley Railroad Company,
which have been taken up on the books of this Company.
The Increase in " Equipment Trusts Outstanding " lias
been heretofore explained.
\> compared with the year ending .June 80, 1900. the
Company's "Reserve Funds" have decreased $243,577
due to the fact that the work for which the funds were
Ctold
1*-*
payable August 80, 1901, has been deolared out of thi
plus earnings for the last six months of the fiscal year.
FINANCIAL.
397
Bonds" issued
i
in
.
sur-
The financial condition of the Company at the ol
the fiscal year is shown by the General Balanoe 8h
Table No. 8 in pamphlet.
Of the Prior Lien Bonds, amounting to $5, 000,000
served under the General Consolidated mortgage deed for
construction and equipment purposes. $4,00u.OUO tio have
been obtained from the Trustee and sold. $1,548,000 00 luring the fiscal year and $9,453,000 00 prior thereto, ha\ ing a
balance ot $1,000,000 00 stdl available for construction
i
,
equipment purposes.
Of the General Lien Bonds reserved for the purohase of
stock or the redemption of bonds of subsidiary companies
and the payment of certain Equipment Trust obligations,
$1,9015.000 00* have been issued during the year: $943.000 00
in exchange for a part of the Suspension Bridge <& Erie
"unction Railroad bonds, which matured July 1st, 1900, and
the balance to reimburse the Company for payments made
on account of the New York Lake Erie & Western Railroad
and New York Pennsylvania & Ohio Railroad Equipment
Trusts. The Company is entitled to $823,098 38 more of
these bonds, on account of Equipment Trust payments and
for the sj 3, 000 00 balance of Suspension Bridge & Erie
Junction Railroad bonds, of which the entire issue. $965,000 OH. due July 1st, 1900, has now been redeemed.
" Erie Railroad Properties, including Leased Lines," shows
an increase of $30,364,840 3:3 as compared with the previous
created lias been done and charged against these accounts,
lea\ ing $48,918 52 available for renewals or replacements in
the future.
The "Accrued Pennsylvania Coal Company's Sinking
Fund" represents 10 cents per ton on all coal mined from
the mines of the Pennsylvania Coal Company from January
16th, the date on which this Company came into possession
of the capital stock of the Pennsylvania Coal Company, to
June 30th, 1901, in accordance with the provisions of the
Erie Railroad Company's Pennsylvania Collateral Trust
Indenture.
The Current Assets are $2,376,599 51 in exces of the Current Liabilities.
Of the securities for Contraction purposes turned over by
the Erie Reorganization Committee. $2,750,055 22, there have
been converted into cash the following:
This increase represents the cost to the Company of
the Pennsylvania Coal, Erie & Wyoming Valley Railroad
and Delaware Vallev & Kingston Railroad properties, less
an amount received from the sale of the Union Dry Dock
franchise, heretofore referred to: and also the amount returned by the English Government for taxes claimed, which
amount "was deposited by the Erie Reorganization Committee and has been the subject of litigation since 1895, de
cision finally being in favor of this Company.
The account, ''Securities pledged under Pennsylvania
Collateral Trust Deed," $19,996,850 00, represents the par
value of the Capital Stock of various subsidiary companies
pledged with the Mercantile Trust Company, under the
terms of the Erie Railroad Company's Pennsylvania Collateral Trust Indenture dated February 1st, 1901.
The increases of $890,805 3? to -'Construction" and of
$3,263,837 24 to "New Equipment" have been explained with
the exception of $446,883 83, which represents the balance
of the cost of twenty-five locomotives and 544 box cars
which were purchased during the year, and will be paid for
out of Operating Expenses in the future, as heretofore exyear.
Cash
Value, as placed
on the Books
Rexltzed
from
Jan., 1897.
Sate.
$115,20000 Buffalo* Southwest.RR. 2«t Lien Bonds. $126,72000
414,000 00
4o5,0l0 00 Erie RR. Company's Prior Lien Bonds..
Greenwood Lake Railway
364,055 22 New York
385,570 22
Prior Lien Bonds
1,214,908 93
1,034,400 00 Erie RR. Co.'s General Lien Bonds
630,000 00 Delaware & Hadson Exclusive Car
630,000 00
Trust Certificates
61,000 00
61,000 00 Car Trust of New York Certificates
<fe
$2,832,199 15
$2,609,655 22
In addition to these securities there have been certified
by the Trustees and turned over to the Erie Railroad Company to reimburse it for expenditures already made or to be
made
in the future, the following:
$4,000,000 Erie Railroad Company's Prior Lien Bonds and
$1,000,000 00 Erie RR. Company's General Lien Bonds.
Of these securities there have been converted into cash
plained.
The total amount charged against the New York &
Greenwood Lake Railway Company is $386,237 30, and the following:
shows an increase as compared with June 30th, 1900, of
Par Value.
$66,590 02, being construction work on that road as hereto-
Cash Realised
from Sale.
$1,000,000 00 Erie RR. Company's Prior Lien Bonds.. $3,599,884 27
780,414 44
1,000,000 00 EtieRR. Company's GeneralLienBouds.
fore explained.
"Miscellaneous Securities Owned" by the Company
shows an increase of $785,652 91 as compared with the previous year, and is due to the Company having purchased
and redeemed various securities which have not yet been
exchanged for General Lien Bonds and also for General
Lien Bonds which have not yet been sold, obtained in ex-
"$5,000,000 00
leaving
still
$4,380,328 71
in the Treasury securities for Construction as
follows:
Car Trust of N. Y. Certificates, Par Value, $141,000 00.
The Erie Railroad Company has received cash from all
New York Susquehanna sources for Construction and Equipment purposes from Dec& Western Railroad Capital Stock " is due to $13,200,000 00 ember, 1895, to June 30, 1901, as follows:
par value of the stock being pledged with the Mercantile
$500,000 00 From sale of Erie & Wyoming Valley RR. Stook, as
change for various securities.
The decrease of $13,228,900 00 in "
stated in Report tor the year ended June SO. 1898.
Trust Company, as heretofore explained, less $31,100 00 of
500,000 00 Cash received in settlement with the National Transit
additional stock purchased by the Company.
Company on account of an old claim.
The increase in "Materials and Supplies on Hand" is
4,343,850 13 Cash turned over by the Erie Reorganization Committee.
caused by the supplies taken over by the Company when it
2,832,199 15 Cash realized from sale of securities turned over by
purchased the Erie & Wyoming Valley Railroad.
the Erie Reorganization Committee.
The •• Chicago & Western Indiana Sinking Fund" has in4,380,323 71 Cash realized from sale of securities obtained from
creased $64,000 83, which is due to additional payments
the Farmers' Loan & Trust Company, Trustee.
2,500 00 Reoelved from sale of P. C. &\.RR. Bonds turned
made during the year under the terms of the Chicago &
over to the Erie RR. Co. by the Reoelvera of the
Western Indiana Railroad Company's mortgage.
New York Lake Erie & Western RR.
The account " Special English Tax Deposit " does not ap457,667 50 Cash Realized from sale of Capital Stock of the Northern RR. Co. of New Jersey, origlDally paid for by
pear in the balance sheet for the fiscal year, duo to the fact,
the Erie Reorganization Committee from Construcas heretofore explained, of the English Government having
tion Funds, and sold June 1, 1899, by the Erie RR. Co.
returned the deposit to the Company.
200,000 00 Amount received account of the sale of the Union
Dry Dock franchises, etc.
The report for the year ending June 30, 1900, showed the
107,989 22 Amount returned June 14, 1901, by the English GovCompany was indebted to its various subsidiary Companies
ernment, account of Special Tax Deposit by the trie
to the amount of $17,691 57, while the report for the fiscal
Reorganization Committee.
year shows subsidiary Companies indebted to this Company
230,227 05 Amount reoelved to enable the Company to purchase
Erie & Wyoming Valley RR. Equipment.
$248,149 23. making a net amount advanced during the fiscal year of $265,840 80. This increase is altogether due to
$13,554,961 76
the fact that the Company has advanced amounts to the
Erie Coal Companies to enable them to mine and ship to which has been expended for the following pnrpoc
$457,867 50 For purohase of Northern RR. Co. of New Jersey
different markets considerable quantities of coal. The Coal
stook ,as explained above.
Companies are in a healthy financial condition, as is evi4,059,995 25 New construction.
denced by the Consolidated Balance Sheet, published here_
7,604,542 60 New equipment.
^_
with, and as soon as a part of the quantity of coal stocked
1,729,611 68 Old New York Lake Erie & Western Car Trusts.
65,000 00 Payment of Mortgages on Heal Estate.
at various markets is sold the amount advanced by this
348,370 35 Disbursed on account of Union Steamboat Company
Company will be repaid.
in liquidating its affairs and in building or acquiring
The changes in "Capital Stock" and "Bonded Debt" have
additional property.
127,566 64 Liquidating Receivership New York Lake trie &.
been heretofore explained, with the exception of an inWestern KK. Company.
crease of §33,000,000 00 in the bonded debt of "Erie Railroad
Company," which is the amount of the "Erie Railroad $14,392,954 02
'
THE CHRONICLE.
3<)8
The Company has therefore expended from its current
cash for Construct ion ;uk1 Equipment purposes to .June BO.
1001, 1887,992 28. for which it is entitled to be reimbursed
from the proceeds of tbe sale of Prior or General Lien Bonds,
In accordance with the usual practice, the Board lias had
the Company's accounts for the year examined by Messrs.
The result
Hasfcins A Sells, certified Public Accountants
of this examination is stilted In the Accountant's certificate
published herewith.
(iKNERAL RKMARKS.
The Improve mints of he water front, bei ween Gansevoort
and 24th streets, on the North I.'iver. in New York City,
t
lately projected and adopted and since parti; completed by
the Department of Decks of the City, will practical] y destroy the local freight yard and station of the Erie Railroad
located between 22d and 23d streets and 1th and
13th avenues, which has been used under various leases by
the Company for the last fourteen years, and which was the
first yard of the kind established" in New York City by a
railroad c mpany having its terminus on the New Jersey
Shore.
Efforts to induce the Department to modify its plans so as
to save the property, and ah attempts made by the railroad
company to induce the owners of the ground to assist in the
efforts by renewing to the railroad company the expiring
leases having failed, the property will be surrendered next
year.
To protect the Company's interest and in order to maintain its position as a freight carrier on a parity with its
rivals, a new site for a freight yard, where carload lots of
perishable goods can be promply delivered, has fortunately
been secured between 28th and 29th Streets and between
13th and 11th Avenues. The entire southern half of that
block. 100 feet by 736 feet, has b< en bought in fee simple,
and the largest part of the northern half, fronting on the
river, has been leased for terms varying from forty to sixty
ye ars. and the balance of ihe block, 100 feet by 360 feet, will
be added to the se leaseholds withia a few months. When
this property is improved with approaches and transfer
bridges, with tracks, driveways, etc., its business capacity
wiil be forty per cent more than the present facilities at 23d
Street, and its location will be no less convenient to the
Company
Company's customers.
Shortly after the purchase by the Erie Railroad Company
of the coal properties of the Pennsylvania Coal Company, it
became more necessary than ever, in order to accommodate
a fluctuating demand and to maintain a more uniform
movement of the tiaffic, to establish somewhere near tide
water and within easy reach of industries consuming large
quantities of coal, a storage plant for anthracite coal.
Thirty three acres of land have been purchased for that
purpose on the line of the New York Susquehanna
West-
&
ern Railroad near Rochelle Park, and near its junction with
the Bergen County Railroad, nine miles from the tidewater
coal docks.
Contracts have been made for a plant capable of storing
150,000 tons, with the necessary machinery to convey from
cars to storage 3,600 toLS per day. and to re-load from the
storage piles to cars an equal amount. It is estimated that
the whole plant, including grading, tracks and drainage,
will cost $228,900 00, and that it will be finished early next
winter.
The anthracite coal transfer and storage plant at Hammond, mar Chicago, was completed last winter, and the
result of its opeiation fully justifies the investment. System
cars which heretofore were Vadly delayed are now promptly
released and utilized for east-bound loading. The plant was
soon found, however, to be inadequate in its storage capacity for the increasing demand made upon it, and contracts
have therefore been made for the construction of a duplicate plant, which it is expected to have in operation in the
early Fall. The cost is estimated at $700,000.
Extensive surveys have been made during the past year
to determine definitely the best plans to be adopted for the
reduction of the many heavy grades still remaining in the
roadbed of the main line between Chicago and Jersey City,
and to ascertain as closely as possible the actual cost ot
doing such work, so that a correct estimate can be made
whether the traffic of the road, making a liberal allowance
for future increases, would warrant the expenses involved,
and finally increase the net revenues.
The principal studies were made on the Ohio Division between Meadville and Ontauo, 174 miles, and on the New
York Division between Turners and Goshen, 13 miles, where
the most serious physical obstacles now exist for the economical operation of a railroad.
The results obtained from
these explorations and the actual experience gained from
the detached improvements made in former years undoubtedly prove that the cost of transportation on the Erie Railroad can be reduced and its capacity for larger traffic can
be sufficiently increased to justify a large and liberal expenditure for grade reductions.
After a favorable decision of the Supreme Court of New
York, in April, in the litigations that have arisen regarding
the construction of the Goshen cut-off, contracts were at
once made for the execution of the work, and it was 1 oped
to have that important improvement finished early this Fall.
The decision, however, was reversed by the Appellate Division of the Supreme Court, and the work has again been
suspended awaitu g a final determination by the Court of
Appeals, to which Court an appeal has been taken.
[Vol.
LXXLI.
By an agreement made between the Erie Railroad Company ami the Cleveland Cincinnati Chicago <Sc St. Louis
Railroad Company last dune, the tvo single main tracks of
the two companies between Gallon and Marion. Ohio, runnil ^ parallel wit h each ot her. are row operate d at B doubletraek railroad with equal rights to each company, thereby
greatly increasing tbe carrying capacity and the safety of
operation of both railroads, and materially decreasing the
transportation expenses by giving to each company twenty
miles of double track without additional increase of capital
or expense to eil her.
To meet the constant demand for more local freight yard
room, especially at the larger cities on the line of the road,
properties have been bought at Paterson, Bamseys, Bfahwah
and Englewood X. J., .Jamestown and Middletown, N. Y.
No v ork w as done during the year on the Pen Horn Creek
Railrrad. The possibility in the near future jf the construction of bridges or tunnels across the North River to
carry at least some of tbe necessary trains now terminating
at Jersey City directly to a station in New York, and thereby relieve the present crowded condition of the Bergen
unnel. justifies more careful consideration and possibly a
postponement of the construction of that railroad.
On account of tbe number of heavy Consolidation engines recently bought, and the desirability to run these
locomotives over any part of the Erie System, the renewal
of bridges has been continued at a rate sufficiently rapid to
meet the necessities. In addition to those renewed this
year and heretofore mentioned, forty-one bridges are now
under construction and will probably be in place before
next winter. Most of these bridges are short spans and inexpensive, but their renewal became necessary on account of
the constantly increasing loads carried on locomotives as
well as on rolling stock.
A supplementary contract has just been made with the
G ade Crossing Commissioners of Buffalo, N. Y., for the
construction of a viaduct on the lines of Louisiana Street
over the tracks of the Erie Railroad, and it is the intention
of the Commissioners to make contracts for the execution
of this work at once.
There will then remain only two
other streets to be treated under the original contract of
1896 Van Rensselaer and William streets; the one will
have a viaduct ever the main line and the other a subway
under the Niagara Falls branch. All the work will be completed within two years.
A coaling station for fueling locomotives, together with
an ash-handling plant, have been erected at Port Jervis, at
a total cost of $86,420 93, of which $84,087 00 was charged to
Operating Expenses. The balance, being the cost of additional land, was charged to Construction Account.
By the use of these improved facilities a saving in labor is
effected amounting to 86,120 per annum, and the cost of
handling coal reduced by 5 cents per ton.
A similar plant is in course of construction at Hornellsville, and $15,795 66 of the cost thereof has been charged to
this year's operating expenses.
To provide for the business of the American Steel and
Wire Company at Newburg, Ohio, the location of the main
tracks was changed, greatly improving the alignment, and
six thousand feet of additional sidings constructed.
For the accommodation of the passenger business to the
Pan American Exposition at Buffalo, arrangements were
made with the New York Central Railroad Company, whereby
this Company ry the payment of one-fourth of the cost, acquired the use of its station facilities established near the
'J
—
Exposition grounds.
Over
and one half per cent
of the total operating
of $16,054,456 95, was paid by the Comdirectly to labor, being distributed among over thirtyfifty-six
experses, or the
sum
pany
two thousand employes.
The total amount paid
for taxes
was
$1,069,395 05,
or
about 2*73 per cent of the Company's gross earnings, and
being $71,87^ 11 more than was paid during the year 1900.
201 mills on every ton of freight
Tlie taxes paid equaled
transported one mile.
Payments amounting to |604 984 55 in the shape of mileage were made to the owners of private cars during the
year for the use of their equipment.
During the year 121 new manufacturing industries have
been located on tracks connected with this road. Eighty.^even additional have been located where they are reached
by this road through payment of switching charges to otter
companies.
An opportunity having been presented to your Board to
secure an interest in the stock of the Lehigh Valley Railroad Company, and believing that it would promote generally a better understanding and greater harmony between
the managements of the two companies as well as ultimately return a prorit upon the investment, it was deemed
wise to make such purchase. The Board is confident that
this action will result in material advantage to the Erie
Company.
In order to protect the Company's coal tonnage, and fcr
other reasons wl.ich seem good, your Board felt justified n
purchasing the entire capital stock of the Pennsylvania
Coal Company, the Erie & Wyoming Valley Railroid Company, Dunmore Iron & Steel Company and the Delaware
Valley & Kingston Railroad Company, the latter a projected road from the Wyoming coal fields to the Hudson
River at Rondout, but none of which has been constructed.
These properties were paid for by the proceeds from
August
THE CHRONICLE.
21, 1901.]
the issue of Thirty-two Million Dollars
Hon. Is
and the issue of
of
Four Per Cent
of the
Dollars
Million
Company's Firal
(16,000,000)
Preferred Capital stock, and the lease of the ii
ley Branch at a rental of Fifty Thousand Doll.,.
000) per annum was eanoeled as a result. This acti<
approved at your meeting held on the '-'^th day of February,
glue (Dommjcrcial '£xmcs.
I
COMMERCIAL EPITOME.
Friday Night, Aug. 28, 1901.
Only slight changes have been made in the labor situation,
The Pennsylvania Coal property was turned
the Erie as of January 16, 1901, and the Erie a. Wyoming bnt they have been towards an improvement. The United
Valley Railroad as of Maroh 1. 1901. The results from tl
States Steel Corporation has made further progress in
dates to the olose of the fiscal year have been perj gratifystarting up its mills. The information from Fall River
and fully justify the
1901.
i
purchase.
ing
As stated at your meeting above referred to, th< total
amount of the Collateral Trust Mortgage authorized, and
based on the entire capital Btook of the above-refeXT
properties, and a majority of the capital stock of the
York Susquehanna a
Thirty -ix Million
Western
Dollars
i
1-tO
New
Company, was
Four Million Dol
Railroad
s:;o,000,000).
Ponds are
to be issued from tunc to
for use in making such additions and betterments to the
property of the oompanies referred to, excepting th< N V.
Susq. iV Western RR. Co.. as may be deemed necessary.
The New Castle Shenango Valley Railroad Company, ex
tending from West Middlesex to New Castle, Pa., 16'78 miles,
was operated by this compiny under an old lease to the
lars (S 1,000,000) of
I
&
New York
&
Ohio Railroad Company. As
this was the last of the Companies operated upon a percent
r
age o its gross earnings, which, like all other similar leases,
proved unsatisfactory, your Board deemed it wise to secure
the cancellation of this lease. To accomplish this end, the
Pennsylvania
entire capital stock of the Newcastle & Shenango ValleyRailroad Company was purchased and sold to the Sharon
Railway, with which the New Ca-tle Road makes connection, and the two companies were then consolidated into
the Sharon Railway Company, from which a lease was
taken by this Company of the consolidated line upon a
guaranty o r the fixed charges and the usual dividend on
the capital stock. This arrangement eliminated another
one of the company's subordinate corporations and placed
the lease of t lie Sharon property upon a more desirable
basis.
All of these proceedings were duly approved at your
meeting held on the '6 1st day of December, 1900.
The operations of the New Jersey & New York Railroad
for the year are not included in this report, but they have
been quite satisfactory and that property is more than taking
care of itself.
The Company's operations for the year are shown in detail
by the tables in the pamphlet report.
The cost of operation has been unfavorably affected by the
increased prices of fuel, ties and other supplies, the increase
in the first two items alone having amounted to $235,619 98.
In view of the deficiency of the original capital fund of
the reorganized company, and to avoid the sale of its
securities at prices greatly below their value, the Companyhas been compelled since the reorganization to use its net
earnings to a considerable extent for improvements by
charging the cost thereof to Operating Expenses. During
the fiscal year 1901 $1,153,540 3D, and during the year 19
$1,177,039 95, has thus been expended for improvements, of
which the cost was charged to Operating Expenses in the
following accounts
1900.
1931.
$i<0,309 72
Maintenance of Way and Structures....
756,730 23.... Maintenance of Equipment
$474,530 41
679,
9 89
t
$1,153,540 30
cost of carrying a ton of freight one mile was
3"71 mills, as against 3G6 mills for the preceding year, an in
crease of 03 mills, or 1-37 per cent. Including taxes and
the betterments and additions charged in Operating Ex
penses. the cost per ton per mile was 4 08 mills as against
4-02 mills for the year 1900, an increase of O'OO mills, or 1-49
percent. The differences between the average earnings
$1,177,039 95. ...Total..
The average
-
-
per ton per mile and the average expenses per ton per mile
for the year 1900 equaled 1-93 mills, while for the year 1901
it
amounted
to
2-1*5 mills.
With
the bettered physical condition of the property and
the increase in both gross and net earnings, largely the result of such expenditures, it would seem as though the day-
now approaching when arrangements for n-w capital can
be profitably made and the Operating Expense account be
is
relieved of extraordinary charges.
As you are aware, the Company's by-laws were amended
at your meeting held on the 31st day of January. 1901.
Among other changes made, the number of the Board of
Directors was increased from thirteen to fifteen, and Messrs.
James J. Hill, of St. Paul, Minn., and Norman B. Ream, of
Chicago, 111., were elected as the additional members of the
Board.
Messrs. S. E. Williamson, George W. Quintard and Robert
M. Callaway resigned from the Board during the year and
Messrs Robert Bacon, F. D. Underwood and H. McK.
Twombly were elected to till the vacanc es.
In accordance, also, with the amended by-laws. Mr.
B.
Thomas was elected Chairman of the Board of Directors,
and Mr. F. D. Underwood was elected President of the
Company.
Mr. A. Donaldson, Treasurer of the Company, resigned
during the year, and Mr. J. W. Platten was elected to iill
:
I
that office.
Respectfully submitted by order of the Board,
E. B. THOMAS, Chairman.
the
threatened strike of cotton skinhas been that
been averted. The general outlook for business
ners has
In most lines of trade satishas continued promising.
factory progress has been made towards a good fall bu-iness.
Ib-re and there exceptions are to be noted.
In the wholesale grocery trade the
factory.
High
sugar business has been far from
prices for fruits, etc.,
and the
satis-
partial failure
some sections of the country, is having a
marked influence upon the canning industry, thus reducing
the demand for sugar. Crop news, eo far as the grain crops
of these crops in
have been concerned, has been generally favorable. Reports
belt, however, have been of a deterioration
Central Texas is reported in need of rain, while
of the crop.
11 many sections east of the Mississippi it is reported that
the cr >p has been damaged by too much rain.
Lard on the spot has had only a moderate sale, but with
limited offerings and small receipts of swine the tendency of
prices has continued upward, closing at 0'15o, for prime
Western and 8'50@3'60c. for prime City. R fined lard has
bad a limited sale to the United Kingdom; prices have advanced slightly, closing at 93t)c. for refine
for the Continent. Speculation in lard for future delivery has been
quiet, but on a firmer market for hogs and smaller receipts,
prices have advanced slightly.
from the cotton
1
DAILY CLOSING PRICES OF LARD FUTURES.
Sat.
Mon.
rue*.
Wed.
910
TKun.
Fri.
925
910
915
9 17
9 17
Only a j )bbing business has been transacted in the local
market for pork; prices have been well maintained at $15 75
@16 75for mess, $16 25@16 50 for family and $16 7o@18 for
short clear. Cut meats have been dull at 7@7^c. for pickled
shoulders, 10^@ll^c. for pickled hams ana 5^@9^c. for
pickled bellies, 14 to 10 lbs. average. Beef has haa a limited
sale at about steady prices, closing at $9@9 50 for mees,
$10@ll tor packet, $10 5 @12 for family and $l5@15 50for
abort clear. Tallow has been in limited supply and firm at
5c.
Stearines have been in limited demand and firmer, closing at lO^gC for lard stearine and 9%@l0c. for oleo. Cottonseed oil has been firm at 39@39j^c. for prime yellow. Batter
nas been in fair demand and steady at 16@20^c. for creamery.
Receipts of cheese have been limited and prices have
been firm at 7@9%o. for State factory full cream. Fresh
eggs have been in active demand and firm for desirable
August
grades, closing firm at 18>£c. for choice Western.
Brazil grades of coffee have been in fairly active den 'and.
The distributing business has been more active, and both
jobbers and roasters have been freer buyers of invoices.
Brazil has held steady, largely the result of the crop movement running slightly below general expectations. The
close was steady at 5^c. for Rio No. 7.
Mild grades have
had a fairly good sale, and prices have advanced to 7*£ \ for
good Cucuta. Speculation in the market lor contracts has
been confined largely to the switching of the long interest
held by outsiders in September to more distant deliveries;
prices have held steady. Following are the closing asked
prices:
A.ug
4'95o.
4-950.
5-00O.
dept
Oct
Raw
!
Nov
610o.
Maroh
545o.
Deo
Jan
5 20o.
May
5-600.
5-30o.
July
6750.
sugars have been neglected by refiners, and prices
have been nominal at 4c. for centrifugals, 90-deg. test, and
muscovado, 89-deg. test. Refined sugar has been
3 7- 16c. for
in more active demand at 5-25e. for granulated.
Other
staple groceries have been quiet.
Kentucky tobacco has been in limited demand at steady
prices.
Seed leaf tobacco has had a slightly better sale.
Sales for the week were 1,4 JO cases, as follows
cases
5
1900 crop, Eistern Havana seed, 2J@65c; 400 cases 19U0 crop,
:
Pennsylvania seed leaf, lie, and 500 cases 1900 crop, Wisconsin Havana seed, private terms also 200 bales Havana at
30@55c. in bond and 100 bales Sumatra at 70c.@$l 75 in bond.
dull market has been experienced for Srraits tin, and
this, coupled with easier foreign advices, has resulted in a
lower market, closing at 26(^26-^5c. Ingot copper has continued to sell slowly, closing at 16}.,c for Like. Lead has
be ; n quiet but steady at 4 3114c. for" dom istio.
Spelter has
ct en steadier, closing at 3-923^@8'97>^c.
Pig iron has been
"
quiet but steady at $13$15 50.
Refined petroleum has been unchanged, closing steady at
Naphtha
7-5Uc. in bbls., 8 5Uc. in cases and 4-.*5e. in bulk.
has been unchanged at 9 05c.
Credit balances have been
steady at $1 23. Spirits turpentine has weakened slightly
closing steady at B6@8d%c
Rjsius have been stealy at
Wool ha? had only
$1 40 for common and gool strained.
Hops have been
a limited sale, but pri;es have held steady.
;
A
dull.
THE CHRONICLE.
400
COTTON.
Friday Nioht, August 23, 1901.
The Movement or the Crop, as indicated by our telegrams
from the South to-night, la given below, For the week ending
this evening the total receipts have reaohed 17,281 bales,
against 12,020 bales last week and 18,002 bales the previous
week, making the total receipts sinoe the 1st of Sept., 1900,
7,552,647 bales, against 6,548,143 bales for the same period of
'99-00. showing an inorease sinoe Sep.1.1900, of 1 ,004,104 balee.
at—
Mtceipts
456
1,425
Sab. Pass, <ko.
New Orleans...
242
Wed.
Tues.
If on.
Sat.
2,180
THuri.
839
1,494
929
820
3
1
4
191
533
106
120
3
4
2
1
N'p't
8.146
20
48
48
302
150
2
150
12
143
28
1,468
12
219
531
138
41
433
26
14
738
493
94
219
3,519
17,281
19
27
News, Ao.
New York
Boston
Baltimore
...
Philadel'a,
Ac
week
Tot. this
48
4,414
2,549
2,244
2,485
2,070
The following shows the week's total receipts, the total since
and the stock to-night, compared with last year.
Sept. 1,1900,
1899-1900.
1900-1901.
Receipts to
Aug. 23.
Galveston...
Sab.P.,&o,
New Orleans
Mobile....
P'saoola, (bo.
Savannah...
Br'wlok.Ao.
Charleston..
P.Royal.&c.
Wilmington.
Wash'n, Ac.
Norfolk
N'portN.,&c
This
week.
493
84
219
Philadel.Ao.
1901.
3,721
48,651
5,170
32,116
4,273
6,887
7,432
632
1,723
2,105
2,151
10,045
3,233
24,462
2,000
73
87,345
1,862,224
198,891
153,036
1,081,449
121,881
263,095
1,235
279.779
214
172
799
403,364
34,666
149,844
34
649
291
80,471
119,015
103,126
49,423
8.115 6,543.143
256,759
2.89 i
188
643
817
443
17,2817,552,647
1900.
25,175
1,693 1,703,344
430,866
35,501
158,426
197,248
72,404
27,939
1,468
Stock.
Since Sep
1, 1899.
522
.
Totals
Thi$
week.
8,232 2,137,955
50,380
5,146 2,443.819
20 109,423
48 184,348
1,256 1,076,743
150 134,531
12 232,338
1,773
143 258,431
New York...
Boston
Baltimore
Since Sep,
1, 1900.
413
3,500
1,991
2,459
805
2,844
85,173
In order that comparison may be made with other years,
we give below the totals at leading ports for six seasons.
Receipts
at—
1901.
Galvee'n.Ac.
1900.
8,232
5,146
New Orleans
Mobile
Savannah...
Ac
Wilm'ton, Ao
1,693
2,893
1,256
12
143
20
Oh&s'ton,
1899.
1898.
188
817
448
73
214
172
1897.
10,237
2,580
14,638
6,763
355
1,788
123
569
10,064
20,354
54
3,085
1,286
17
1,516
73
785
134
36
371
553
29,454
14,174
1.308
14,611
4,968
1,943
1,947
1,004
1,617
1,976
3,558
18
883
139
All others...
Xot.thlswk.
17,281
8,115
28,795
20,273
32,718
68,557
8
81noe Sept. 1 7552,647 6548,143 8449,012 8648,471 6745,678 5337,756
The exports
for the week ending this evening reaoh a total
of 26,385 bales, of whioh 1,659 were to Great Britain, 60
to Franoe and 24,646 to the rest of the Continent. Below
are the exports for the week and sinoe Sept. 1, 1900.
Export*
from—
Qrsat
franc
Brit'n.
1001.
From
Sept.
1,
1900. to Aug. 23. 1901.
Mxporttd to—
Oonti- lotal
Qrtat
France
ntnt. Wt4k. Britain.
Leaping
New
Other CoastGerGreat
Britain Fr'nce many. For'gn wise.
Orleans.
Oontintnt.
840 8.021
700 3,960
98
8,736
Charleston...
New York...
stock.
Total.
......
"ibo
2,725
1.540 12.781
Total 1900.
Total 1899..
1,634
9.428
1.5321
25
Other ports
JoUl
607
5,686
31.968
224,791
2,346
7,076
9,236
1,316
18,269
.....a
26,567
20.316
6,887
5,170
7,045
149,244
8,955
5,296
30.805
79,877
331,466
3,000
3",6bb
600
"800
Total 1901..
22.084
4,859
1,400
"60*6
600
2,560
101
""25
1,927
Oalveston
Speculation in cotton for future delivery has been on a
more extensive scale. Sentiment has appeared to be
growing more generally bullish, based on the character of
the crop news that has been coming to hand. It is now
generally conceded that considerable damage has been done
to the crop in Central Texas by the drought.
The reports
received from many sections ea3t of the Mississippi also have
advised the outlook for the crop as not satisfactory, the result of excessive rainfalls.
The principal factor against
the market
the condition of
has been
business in
the cotton goods trades. The reports received from abroad,
particularly the Continent, have continued of an unsatisfactory condition of trade, and in the domestic market business
has been running behind general expectations. At the close
of the week the developments on the Liverpool speculative
market caused something of a sensation. Prices for the
near-by deliveries made an unusually sharp advance based
on the strength of the statistical position, particularly of the
better grades of cotton, and apprehension of a squeeze before
the end of the present season. To-day there was a fairly
active and higher market. Local shorts, Liverpool and the
South bought, advancing prices rather sharply, although
there was considerable selling by recent buyers to realize
profits.
The close was steady at a net gain for the day of 8
@11 points. Cotton on the spot has been firmer, closing at
8%c. for middling uplands.
i'ne rates on and on* middling, as established Nov. 21, 1900,
by the Revision Committee, at which grades other than
middling may be delivered on oontract, are as follows.
Fair
o. l^e on Strict Good Mid. Tinged. o. s la oh
Middling Fair
Even
H on Good Middling Tinged
Strict Good Middling
% off
M Hon Middling Tinged
& 16 on
SoodMiddling
Strict Low Middling Tinged
»e off
Middling Stained
»« off
Strict Low Middling
.. 3 18 ofl
7 iftOtt Strict Low Mid. Stained... 1H off
Low Middling
Strict Good Ordinary
% off Low Middling Stained
l^off
Good Ordinary
l 1 ieoff
On this basis the official prices for a few of the grades for
the past week Aug. 17 to Aug. 23—would be as follows.
slightly
—
UPLANDS.
Low Middling....
1,468
,
OK SHIPBOARD, HOT OLSABBD FOB—
Aug. 23 at—
Mon Tues Wed
Sat.
Good Ordinary.. ........
1896.
Norfolk
N. News, Ao.
Witk Mndint Aug. 23
Masported to—
Lambert & Barrows. Produce Exchange Building.
1,256
139
4
We
Mobile
Norfolk
1
Pensaoola, *c.
Brunsw'k.&c.
Charleston
Ft. Royal.Ao.
Wilmington....
Wash'ton.&o.
Norfolk
8,232
780
1
In addition to above exports, our telegrams to-night also
give us the following amounts of ootton on shipboard, not
cleared, at the ports named.
add similar figures for
New York, which are prepared for our special use by Messre.
Havannah
1,838
1.090
1
Mobile
1,285
13
Total.
tri.
[Vol. LXXI1I,
615 16
''16
.
Middling
Middling Fair
8
e°ic
83t
GULF.
Sat.
GoodMfddllng
3ood Ordinary.
Middling
«ood
Middling..
WtddlinsrFair..
She
7H
8*8
8 n l6
8 78
8 7 16
9 3 16
7H
7H
76s
768
8
9
16
7Hl6 713 16
^16 8 3 ie
79l6
3
I
I
16
8=*
-.la,
6 1o 16
a 3**
Tk. Frl.
6 u i6
7 n i6|
6»ie
"<
s 5 is
Wed
OTon Tues
Low Middling....
8
Tk. Frl.
738
H
71a
8 5 16
8 n 16
9»8
She
''i6
S^s
6>«
Middling Tinged.
Wood Middling Tin Red.
714
7"'io
613
Low
8
16
7lSi a
8>4
» 9 16
Sat.
Strict
S
1
Mon Toes Wed
STAINED.
,
»38
1:!
Zri 8
71-16
8 5 16
838
8ho
16
9
9
Middling
75s
8\
7°16
71*16
8 1*
8 9 16
Low Middling..
3
714
7 78
7
615 16
7^16
8
fc
Tk, Fri.
6 78
613i6
713 16
7 78
ri6
I
16
8 D i6
I
8
838
The quotations for middling upland at New York on
Aug. 23 for eaoh of the past 82 years have been as follows.
1885
Cl05 16 1877.. ..c.ll
103*
12^
1876
1884
1875
1883
10ii 6
143a
1899
65i 6
lb*
11ȣ
13
1874
1890.
1882
1898
5%
20
11»«
1873
1881
12H
1889
8
1897
22
ll 15 6 1872
1880
8»8
1888
10&R
1896
913 16 1879
19ifl
1871
12
7%
1887
1895
6i5 16 1886
19 78
1870
1878
12
1894
95ie
MARKET AND SALES.
The total sales of ootton on the spot each day during the
week are indicated in the following statement. For the
convenience of the reader we also add columns whioh show
at a glance how the market for spots and futures dosed on
name days.
1901.... 0. 83a
1900
9'a
1893. ...0. 75 16
1892
7 1*
1891.
.. 8
i
Galveston
Sab. Pass, Ao..
New Orleans..
710
11,672
11,672
1,137
••••••
1,987
Mobile
Pensaoola
Brunswick
•
150
....
150
Charleston...
Port Royal....
Wilmington...
869,032 326,814
5,195
680.498 321,204
33,678
74.777 23,425
174,118 23,899
68,211
70,377
267.741 1,463,587
31.354
86.649
811,646 2,023,34 i
19,690
53,630
657.761
New York
819
50
Baltimore
••••
60
766,778
28,683
94,894
70,152
140,529
146,056
883,430
21,377
31.197
600
77,379
14.782
27,347
Norfolk
N'port N.. Ac.
53,202
151.832
600
6,695
4,450
297,100
8,601
803,675
50
2,163
2,163
826,058
82,467
8,b99
1,108
6,001
1,502
Philadelphia.
Ban Fran., Ao..
8,022
1,602
3,840
87.757
90,997
33.306
Spot Mabkbt
Closed.
Futures
Market
CLOSED.
Sales of Spot
Ex-
Oon-
Con-
port.
sump.
tract.
Total.
634,081
3,717
82!?,775
66,171
148.638
steady
Saturday .. Steady
steady,
Monday.... Quiet
Tuesday... Steady at h* ad. Easy ...
Wednesday 8teady at ie ad.. Steady
Thursday.. Steady at ^ ad., steady
Steady at He ad. Bteady
Friday
,
60
24,646
26,365 3,030,621 729,248 2,744,605 6,504,474
14,858
889
3,155
18,402 8,335,448 692.045 8,837,885 5 914.S7S
.
Tntal.
260
260
,
1.659
Total, 1899.00
a Contract.
200
200
975
425
949
862
4,800
3.300
2,200
5.775
3,725
3,149
1,062
3,471.10,300 13,971
August
THE CHRONICLE.
24, 1901.]
Futures.— Highest, lowest and oloslng price? at New York.
101
At the Interior Towns the movement— that is
the receipts
the week and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
'orresponding period of 1899-1900 —is set oat in detail below.
'or
MAT—
JUSB—
JOLT—
April—
March-
AUOC8T—
JANUARY—
Closing
Closing
Closing
Closing
Closing......
Closing
October—
Closing
Febroart—
Closing
Closing
December—
NOVEMBER—
September—
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The arxtve totals snow that the interior stocks nave detreased during the week 4,198 bales, and are to-night 94,367
Dales more than at same period last year. The receipts at all
towns have been 15,392 bales more than same week last year.
;
The Visible supply op Cotton
to-night, as made up oy
cable and telegraph, Is as follows. Foreign stocks, as well
as the afloat, are this week's returns, and consequently all
foreign figures are brought down to Thursday evening.
But to make the total the complete figures for to-night
(Aug. 23), we add the item of exports from the United States,
including in it the exports of Friday only,
446,000
10,000
456,000
19,000
65,000
1900.
306,000
11,000
317,000
18,000
69,000
200
200
3,000
93,000
3,000
48,000
21,000
15,000
267,200
3,000
81,000
3.000
62,000
19,000
6,000
261,200
1901.
Stook at Liverpool
bales.
Stock at London
Total Great Britain stook.
Stook at Hamburg
„
Stook at Bremen
Stook at Amsterdam.... ......
Stook at Rotterdam
Stook at Antwerp
Stook at Havre
Stook at Marseilles
Stook at Barcelona
Stook at Genoa
1899.
945,000
11,000
956,000
32,000
192,000
3,000
300
4,000
172,000
1898.
814,000
6,000
820,000
20,000
163,000
ifr.
Overland Movement for the Week and Since Sept. 1.—
a statement showing the overland movement
for the week and since Sept. 1, as made up from telegraphic
reports Friday night.
The results for the week ending
Aug. 23 and since Sept. 1 in the last two years are as follows.
We give below
1900-1901.
Aug. 23.
1,000
6,000
150,000
4,000
57,000
27,000
19,000
American-
itepped—
Via St. Louis. .
..
Via Cairo
Via Padnoah
Via Rook Ieland
VlaLonlsvlhe.... ...
Via Cincinnati
Via other routes, <fec.
335,000 217,000 863,000 733,000
197.000 230,000 493,000 335,000
American afloat for Europe... 110,000
53,000
58.OO0
39,000
United States stock
256,759
85,173 367,671
183, 198
United States Interior stooks. 139,301
44,934 237,110 10i,48i
United States exports to-day.
3,312
3.660
3,655
9,623
Total American
1,041,372
638,767 2,009,536 1,470,58 i
East Indian. Brasil, etc.—
Liverpool stook
111,000
89,000
76,000
81,000
Londonstook
10,000
11,000
11,000
6,000
Continental stocks
70,200
31,200
62,200
70,300
India afloat for Europe
36,000
33,000
39,000
23,000
gypt, Brazil, <ko., afloat
16,000
11,000
15,000
12,000
Stock In Alexandria, Egypt.
67,000
42,000
48,000
47,000
Stook In Bombay, India
391,000 269,000 421,000 376,000
Total East India, <fco
701,200 48b,200 660,300 627,200
Total American
1,041,37 2
638.767 2,009,536 1.470,582
Total visible supply..
..1,742.672 1,124,967 2,6ti9,tt36 2,097.782
Middling Upland, Liverpool..
5n 16 d.
3i7 32 d.
4 78<L
3-iod.
Middling Upland, New York.
8 sec.
5*0.
93jo.
6M0.
Egypt Good Brown, Liverpool
6ii«d
6»«d.
5<>6d.
7T 16 d.
Peruv. Rough Good, Liverpool
6'8 d.
678 d.
Yd
4" d.
Broaoh Fine, Liverpool
50 18 d.
39 16 d.
3«39d.
16
Tlunevelly Good, Liverpool. .
8633d,
43sd,
4*d.
3"<i 6 d.
.
The above figures indicate an increase in 1901 of 617,605
bales as compared with same date of 1900, a loss of 927,264
bales from 1899 and a decline of 355,210 bales from 1898,
Binet
Week.
Sept.
2,651
151
5,105
27
58,560
137,882
115,606
292,217
462
703
1,603
—
8,676 1,768,552
306
109
417
1.
861,637
227,362
11,686
12,810
212,315
135,863
321,311
3,634 1,782,984
806
456,017
15
803
99,001
86,338
226
352,035
78,525
98,797
1,624
641,356
1,243
529,357
Leaving total netoverland*.
7,052 1,127,196
Inoludlng movement by rail to Canada.
974
43
2,391 1,253,627
The foregoing shows the week's net overland movement
this year has been 7,052 bales, against 2,391 bales for the
week in 1900, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 126,431 bales.
1899-1900.
1900-1901.
in Sight and Spinners'
Takings.
Week.
Since
Sept.
1.
Wct.k.
Sxnct
Sept.
1.
8,115 6,548.143
17,281 7,552,647
deoelpts at ports to Aug. 23
2,391 1.2.S3.627
7,052 1,127,196
Netoverland to Aug. 23
28,0001,551,000
Southern consumption to Aug. 23 31,000 1,466,000
Total marketed
nterlor stooks In exoess
.
Came Into sight during week.
Total In sight Aug. 23
'
ty Continental imports past week have Deen 81,000 bal6s.
1.
920,397
238,785
244
Totalto be deducted
bales.
Sept.
5,637
Total gross overland.
.—
Otduet shipment*—
Overland to N. Y., Boston, &c.
Between interior towns.
Inland, Ac, from South
*
1899-1900.
Since
TFee*.
200
6,000
98,000
31,000
Htocfe at Trieste
25,000
Total Continental stooks.
563,300 447,200
Total European stooks
723 200 578,200 1,519,300 1,267,200
India cotton afloat for Europe
36,000
33.000
39.000
23,000
Amer. cotton afloat lor E'rope. 110,000
58,000
39,000
58,000
EKypt.Brazll,&o.,aflt.IorE rpe
16,000
15,000
11,000
12,000
Stock In Alexandria, Egypt...
67,000
42,000
47,000
48,000
Stook In Bombay. India
391,000 269,000 421,000 376.000
Stook In United States ports.. 256,759
85,173
3«7,671
183,498
Stock In U. B. Interior towns.. 139,301
44,934 237,110
101,461
United States exports to-day..
3,312
3,660
9,623
3,655
Total Visible supply
1,742,572 1,124,967 2,669,836 2,09 7,782
Of the above, totals of American and other descriptions are as follows
Liverpool stook
Continental stooks
.
Sorth'n spinners tak'gs to Aug. 23
55,333 10145843
95,074
4,198
38,506 9,352,770
"658 tl98,249
51,135
UT.siy
10240917
9,154,521
13,37511,998,810
132 2.179,641
Decrease during week.
Movement into sight in previous years
*
1899
1898
1897
1896
bales.
Week.
69,272
35,570
48,487
99,913
1898-99
1897-98
1896-97
1895-96
Si" * Sept. 1.
bales. 11, 233,723
11,056.753
8,474,402
7,165,573
THE CHRONICLE.
402
[Vol. LXXI1I.
Quotations roa Middling Cotton at Other Markets.— the rainfall reaching one inch and Bixtyone hundredths.
lowest 65.
Below are dosing quotations of middling ootton ;it Southern Average thermometer 75*3, highest
Little Rock, Arkansas.— Crops are very spotted and cotton
and other principal cotton markets for each day of the week.
is opening prematurely.
It has rained locally on one day
ON—
fc'.i,
Week ending
Aug. 23
CLOSING QUOTATIONS FOR MIDDLING COTTON
Batur.
Mon.
8'io
84
70g
7»9
Bhe
8-he
78s
7«B
New Orleans
Mobile
Savannah...
Charleston ..
Thurs.
H'-irj
|S 19
8 '10
78s
8>4
8I4
7"8
GalvcHton...
Fri.
Wednee.
Tuet.
8"l6
8« 16
8
8"'I8
7*i
7*
7*
7%
7*
7%
8
8
7*4
734
789
Wtmlngton.
8
8
8
8
8
8
Norfolk
8
8'io
8
8
8H»
8
H>4
8i
8*8
&'16
6>I6
8>*
8»e
She
8h8
8'i6
8Vt
83i6
8i«
8«*
8««
8'"'16
8-'io
§>
8*4
858
8
8
....
Baltimore
.
.
Philadelphia
A ni: list
a.
Memphis
8
Louis
St.
Houston
Cincinnati
Louisville
..
.
H:<h
8>4
8
:1
18
II
8>4
8^
8U
& 16
8s»
83s
8"'16
8 '4
8i«
8>s
8%
8>4
83a
8>4
.
S'ho^
8
8>«
8ha
w
8.-16
fc
u
16
8I4
838
8*4
83s
§; i<5
84
8i«
closing quotations to-day (Friday) at other important
Southern markets were as follows.
8*6
Nashville
Columbus.Mlss 734
Athens
Natchez
734
8H
Eufaula
Atlanta
1 1» 16
The
I
I
|
Charlotte
8^
Columbus. Ga.
8
Rook
1
Little
|
Montgomery...
...
7*4
8
|
Raleigh
Shreveport
Weather Reports by Telegraph.— Our
83s
63 16
telegraphic ad-
from the South this evening are on the whole of an
unfavorable tenor. Rain has fallen in most localities during
the week, and in some districts of the Atlantic and Gulf States
and Tennessee the precipitation has been heavy. On the
vices
during the past week, the rainfall being forty hundredths of
an inch. The thermometer has ranged from 00 to 97, averaging 80.
Ilelena, Arkansas.— Cotton looks better, but there are complaints of shedding.
In some parts of the neighborhood,
however, there has been but little rain, It has rained here
on two days during the past week, the rainfall being two
incues and fifty-one hundredths. The thermometer has
ranged from 68 to 90, averaging 76'8.
Memphis, Tennessee. There is some complaint of shedding
on account of the rain, but the general condition of the crop
is improved.
Rain has fallen heavily on five days of the
week, to the extent of five inches and ninety-six hundredths,
—
Average thermometer
is now threatening.
highest 89, lowest 65-3.
Nl shville, lennessee. Rain continues, badly damaging
crops.
have had rain the past week to the extent of four
inches and ten hundredths. The thermometer has averaged
76, the highest being 88 and the lowest 66.
Mobile, Alabama.— Considerable damage occurred to cotton
in the path of last week's storm.
The weather has been generally favorable since.
There has been rain on two days of
the week, to the extent of twenty-two hundredths of an inch.
The thermometer has averaged 80, ranging from 73 to 89.
Montgomery, Alabama. There has been too much rain,
causing rust and shedding. The outlook is less favorable at
present. There has been rain on three days during the week,
to the extent of three inches and fifty-three hundredths. The
thermometer has ranged from 68 to 90, averaging 79.
Selma, Alabama.— It is hard to estimate the damage done
to the cotton crop in this section from the storm.
Much cotton was blown down and bolls are rotting from the excessive
rain.
There is general complaint of rust. It has rained on
five days during the week, the precipitation being five inches
and twenty- three hundredths of an inch. Average thermometer 86, highest 90, lowest 82.
Augusta, Georgia.— Cotton is beginning to open slowly.
The weather has been too damp and cloudy. It has rained
on four days of the week, to the extent of one inch and fiftyand the weather
76-6,
—
We
—
other hand, over a considerable section of Texas there has
little or no moisture.
Our Texas report is to the effect
that drought has caused further serious deterioration. Indian Territory claims that showery weather has been detrimental to cotton j and shedding and worms are reported.
Little Rock says crops are very spotted and cotton is opening prematurely and Helena complains of shedding. Damage
is said to have resulted from heavy rains in portions of Ten
nessae and advices from Alabama state that the storm did
considerable injury to cotton.
Too much rain is complained of in districts of the Atlantic States.
Galveston, 7 exas. While there has been rain in a few
small districts the Texas crop continues to suffer from five hundredths. The thermometer has averaged 80, ranging
drought, which has resulted in further serious deterioration. from 70 to 89.
Savannah, Georgia. There has been rain during the week
The damage from drought is now irreparable; abundant
rains in the near future could not increase the crop ma- to the extent of sixty-seven hundredths of an inch, on three
days. The thermometer^has ranged from 73 to 88, averagterially. The shortage for Texas and the Indian Territory may
exceed 1.000,000 bales.
have had excessive rain on four ing 80.
Charleston, Scuth Carolina.
have had rain on six
days of the week, the rainfall reaching four inches and eleven
hundredths. Average thermometer 81, highest 92, lowest 70. days of the week, the rainfall being one inch and forty-eight
The thermometer has averaged 81, ranging
Lampasas, Texas.
have had no rain the past week. hundredths.
The thermometer has averaged 85, the highest being 105 and from 75 to 87.
Greenwood, South Carolina. Too much rain is causing
the lowest 65.
cotton on sandy lands to rust.
Abilene, Texas. It has rained on two days of the week, to
The following statement we haye also received by telegraph,
the extent of seventy- three hundredths of an inch. The ther- showing the height of the rivflMf at the points named, at
mometer has averaged 85, ranging from 70 to 100.
3 o'clock Aug. 22, 1901, and Aug. 23, 1900.
Brenham, Jexas.— There has been but a trace of rain during the week. The thermometer has ranged from 71 to 99,
Aug. 22/01. Aug. 23, '00.
been
—
—
We
— We
—We
—
—
averaging 85.
Corpus Christi, Texas. Rain has fallen on three days of
the week, to the extent of one inch and ninety-six hundredths.
Average thermometer 85, highest 96 and lowest 74.
Dallas, Texas.
We have had showers on three days during the week, to the extent of nineteen hundredths of an inch.
The thermometer has averaged 81, the highest being 102 and
the lowest 60.
Henrietta, Texas.— Rain has fallen on one day of the week,
the precipitation reaching fifty-seven hundredths of an inch.
The thermometer has averaged 88, ranging from 72 to 103.
Longview, Texas. We have had rain on one day during
the week, the rainfall being three hundredths of an inch.
The thermometer has ranged from 69 to 102, averaging 85.
HunUville, Texas.— The week's rainfall has been eightyeight hundredths of an inch, on two days. Average ther-
—
—
Feet
Hew Orleans...
2-4.
Vioksburg
4-4
2-8
1-7
2-7
6-0
56
Movement from all Ports.—The
India Cotton
receipts
of ootton at Bombay and the shipments from all India ports
for the week ending Aug. 22, and for the season from Sept, 1
to Aug. 22 for three years have been as follows:
19001901.
Beeeiptt at—
Week.
1899-1900.
Since
Since
Week.
Sept. 1.
Sept. 1.
1898-1899.
w,»k
week,
8inet
8tpt 1#
1
j
Bombay
9,000 1.924.000
88, highest 102, lowest 74.
—
9 1
39 3
Above zero of gat ge.
Above zero of gauge.
Nashville........
Shreveport........
40
...Above zero of gauge.
Above zero of gauge.
Memphis.....
—
mometer
Feet.
Above zero of gauge.
For
Paris, Texas. There has been rain on two days during the
week, to the extent of one inch and seventy-five hundredths.
The thermometer has averaged 83, the highest being 96 and
the Week.
912,000
9,000 2,071,000
Since September
1.
Export*
the lowest 69.
San Antonio, Texas. There has been rain on one day during the week, to the extent of fourteen hundredths of an
inch. The thermometer has averaged 86, ranging from 70
3,000
Bombay—
—
to 102.
Ardmore, Indian Territory.— Showery weather during the
past two weeks has been detrimental to cotton, and some
shedding and worms are reported. Three weeks of hot sunshine is needed. Late cotton requires cultivating. Prospects
are not so good as at this time last year.
New Orleans, Louisiana.— We have had rain on three days
of the week, to the extent of one inch and seventy- two hundredths. The thermometer has averaged 81.
Shreveport, Louisiana. There has been rain on two days
of the week, to the extent of one inch and fifty- eight hundredths. The thermometer has averaged 82, ranging from
—
68 to 99.
Columbus, Mississippi.—There has been rain on five days
during the week, to the extent of three inches and seventeen
hundredths. The thermometer has ranged from 62 to 93,
averaging 77.
Leland, Mississippi.— We have had rain during the week,
from—
Great
Britain,
1900-01..
1899-00..
1898-99..
Oontinent.
Total.
Great
Britain.
Continent.
Total.
3,000
1,000
3,000
1,000
68,000
17,000
15,000
568,000
107,000
530,000
1,000
2,000
3,000
1,000
2,000
3,000
4,000
3,000
5,000
44.000
32,000
34,000
1,000
1.000
2.000
8,000
6,000
2,000
19,000
15,000
18.000J
27,000
21.000
20,000
3,000
4,000
2,000
5,000
4,000
2.000
8,000
15,000
9.000
13,000
131.000:
91,000
127,000
146,000
100,000
140,000
1,000
3,000
8,000
6,000
9,000
8,000
7,000
12,000
95.000
35,000
35,000
762,000
245,000
709,000
857,000
280,000
744,000
636,000
124,000
545,000
Caloutta—
1900-01..
1899-00..
1898-9H..
Madras—
1900-01
I
48,000
35,000
39,000
j
.
1899-00..
1898-99..
1,C00
1.0C
All others—
1900-01..
1899-00..
1898-99..
Total all—
1900-01..
1899 00..
1898-99..
I
I
i
According to the foregoing, Bombay appears to show an
compared with last year in the week's receipts of
Exports from all India ports record a gain
6,000 bales.
of 1,000 bales during the week and since September 1 show
an excess of 517,000 bales.
increase
August
THE CHRONICLE.
24, iooi.]
Alexandria rtEOEiPTB and shipments of Cotton.—
in:;
State Weeklv
Repobi
itton.
—The
weekiv crip
dieting Ltsued from the various States' headquarter! under
the auspices of the Climate and Crop Division of the W« a 'her
Hau of the United States I) ipartment of Agricultni
re extensive Information as tO OOttOll than the g.-ut-ral
I
Alexandria, Egypt,
August 21.
18991900.
1898-1899.
5,000
5,463,000
Beoelpts (cantars*)
1900 1901.
1,000
6,436,000
3.000
5,583,000
. .
AMI
Ki ports (bales)—
To Liverpool...
Sept.l.
Sine
T\i$
week.
Sept. 1.
Thit
week.
Hxnct
Sept. 1.
321.000
8,000 363,000
1
*
Since
week.
2,000 402,000
2,000 423,000
340,000
2,000 386,000
8,000 684,000
4,000 825,000
2,000 726,000
A oantar Is 98 pounds.
Of wliloh to Amenoa In
—
We
1900.
1901.
8>« lb$. Shirt-, Oott'n
33* Oop. ingt,
Twitt.
i
ii
,
1900-1901, 56,013 bales; In 1899-1900,
T2.036 bales; In 1898-99. 51,155 bales.
Manchester Market. Our report received by cable
to-night from Manchester states that the market is firm for
both yarns and shirtings. The demand for China is ^ood.
give the prices for to-day below and leave thosb tor
previous weeks of this and last year for comparison.
t
We
th<
from Washington.
give
iit issued
those received up to the time of going to ureas:
Cahoi.ina.— Cotton In some placet improved tome What, and
hi
ery favored localities, with a good autumn, nearly a fu'l orop may
made, but throughout the larger portion or the State th< orop haa
noi yet made much progress; cotton plants are very weed] and long*
olnted on xtiii lands, small on iandy land, ami generallj are not
forming bolls well on either; blooms are still reported; wedding of
squares and bolls Is Increasing.
Hon hi C vkoi. isa —On sandy lands cotton has taken on rust extends My, is shedding freely, and Is losing color, but on clay lands a
further Improvement is indicated rturiug the week, especially for early
Young cotton Is growing too much
c.ittou, which Is heavily fruited,
Early cotton Is beginning
to weed and Is uot fruiting satisfactorily.
to open over practically the whole State, although picking will not be
general for some time. Sea-Island ootion continues to Improve and is
fruiting, but remains undersized.
Ai.ahama.— Ootton, which, prior to the storm, was in very promising
condition, was much beaten down and the stalks twisted by the wind,
In many fields bolls being shaken off; It is dillioult to estimate the
damage as yet; however, while considerable, it was much mitigated
by the backward stage of the orop. Despite this damage, cotton
continues well fruited, and, with favorable conditions from now on.
should give a fairly good yield, though it is shedding freely, and rust
is spreading; it is beginning to open rapidly, and in a few fields
prematnrely. Several " first bales" were marketed in southern and
middle counties, but very little ploking has been done.
w
32 i Oop.
common Mid
to finest
Twiit.
Vpldt
8%
lot.
ingt,
to
Shirt
Ootfn
common Mid.
final.
Vpldt
s.
s.
d.
d.
d.
d.
d.
d.
s.
Meridian (Miss.) Board of Trade and Cotton Exchange.
419 32 '8»4 99
5 4%97 9
OS
8a> —The Meridian Board of Trade and Cotton Exchange have
4i»- J3 8 1
" *6 6i- 16 »»7''8
99
4 97 8
53j
2 ©711
98*8
3 97 7i«
2 97 10>« 4T
;8
Ang.2 6i3 16 »7^
519 3 o elected the following officers for the ensuing year: T. C.
4 97 9
9 6\ Olh 5 1%97 10% 4»8 8% 98*8
5 •''.
" 16 63t «7* 5 1%»7 10"« 41^2 3
8%97 9
® 878
Carter, President; K. Threefoot, First Vice-President; J. M.
" 23l6^i6 *77e 5 3 99 1
4 78 18
3 97 8
98 7a
8"l6
Caine, Second Vice President; S. A. Neville, Treasurer, and
Cotton Crop Circular.— Our Annual Cotton Crop Review
Directors: O. L. McKay, Jno. R.
J. H. Stoltzfus, Secretary.
will be ready in circular form about Friday, September 6.
Farrell, H. L. McKee, J. M. Caine, K. Threefoot, S. A.
Parties desiring the circular in quantities, with their business
Neville and J. H. Stoltzfus. They have recently purchased
card printed thereon, should send in their orders as soon as
the building formerly occupied by the Meridian National
possible, to ensure early delivery.
Bank, to be used for Exchange and reading rooms.
Government Weekly Cotton Report.— Mr. Jas. Berry,
New England Mill Situation.— Late advices from Fall
Chief of the Climate and Crop Division of the U. S. Weather
River indicate that the movement for a reduction of wages
Bureau, made public on Tuesday the following telegraphic reports on the crop in the Southern States for the week ending has failed of success. It is stated that those in control of
the movement concede that it has been abandoned. Mr.
August 19:
64-64 regulars on
North Carolina.— Heavy rains; humid, sultry atmosphere, very M. C. D. Borden offered 2%. cents for
washing of land; no farm Thursday, at which price, we understand he secured about
unfavorable; much damage by freshets and
work done; cotton of rank growth on stiff land, small on sandy; not 200,000 pieces. The quotation was then advanced 1-16 cent,
fruiting well; no open bolls.
to 2 9-16 cents, with the market firm at the close.
SOUTH Carolina.— Excessive rains over western and northern
counties oaused freshets that destroyed bottom land crops; sunshine
Shipping mews.— as snown on a previous page, the
deficient; ootton rusting ana shedding on sandy lands; young plants
exports of ootton from the United States the past week have
growing too much to weed, otherwise crop improving; early cotton
reaohed 26,365 Dales. The shipments In detail, as made up
opening; first bale marketed.
Georgia —Cool week with excessive rainfall latter part; high winds from mail and telegraphic returns, are as follows:
d.
J'lyl9 7i«
98%
,
s.
d.
5
5
5
3
l
fl
ll5
••
1
<
16th damaged cotton; cotton forming and fruiting well in northern
portion, witb grown bolls plentiful; complaints of rust, shedding and
boll worms very numerous in middle and south sections; bolls rotting
and dropping; extent of injury not yet estimated; picking in progress
In a few counties.
Florida. —Heavy rains and high winds damaged ootton in western
and portions of northern districts; still too wet for ootton picking;
complaints of rust, shedding and caterpillars quite numerous; some
reports indicate deterioration of plant.
Alabama,— General and excessive rains; much lowland overflowed
in north and west portions; damage to cotton considerable, though
dilli ult to estimate now; cotton well fruited but shedding freely; rust
spreading; very little picked, though several "first bales" marketed
Mississippi.— Shifting high winds and heavy rainfall, very damaging north and east from 15th to 17th, bottom lands overflowed; cotton promising in south, opening slowly, picking commenced, slight
improvement in north, rust and shedding general, although not
1
serious.
Louisiana.— Weather unfavorable for crops in several localities;
cotton suffering from dro a ght in northwest, while too much rain in
localities along the Mississippi and over southeast portion; rust damaging cotton in central parishes, much shedding reported, early ootton opening, picking commenced in scattered localities.
Texas.— Dry aud warm with light showers over soattered localities
14th and 15th, and light to heavy rains over limited area of extreme
north on 19th; drought unbroken In central-southern and southwestern portion
ootton needs rain throughout the 8tate, and where
drought prevails is failing rapidly, ploking general, young cotton suffering from rust and shedding, general crop much below average.
New Yokk—To Liverpool,
Total balet
Tampi-
per steamers Cevi?, 312
413
406
60
can, 101
To Hull, per steamer Buffalo, 406
To Havre, per steamer La Gascogne, 60 Sea Island
To Bremen, per steamer Koenigen Luise, 5,687
Calabria, 370
To Geaoa, per steamers Aller, J, 018
Duohessa
dl
5,687
Lombardi, 240
Genova, 300
1,923
To Naples, per steamers Aller, 200
Lombardi, 207
407
Sew OKLEAN8—To Liverpool—Aug. 17- Steamer Loulsianlan,
19 -Steamer Traveller. 741
49.. ..Aug.
790
.
To Hamburg-Aug. 22—Steamer Penlee, 702
702
To Baroelona— Aug. 19— Bark Tafalla, 400
400
To Antwerp—Aug. 17— Steamer Tropic, 35
35
Galveston—To Bremen— Aug. 19— Steamer Borkum, 11,672.. 11,672
Beunswiok—To Continent— July 19— Steamer
150..
160
boston—To Liverpool—Aug. 14-8teamer Devonian, 50
50
BALTiMOBE— To Bremen— Aug. 21— Steamer Frankfurt, 2.163. 2,163
Seattle—To Japan—Aug. 20—Steamer Idzumi Maru, 1,502.
1,502
,
. .
Total
26,865
Cotton freights at
New York
the past week have been
as follows.
Satur.
Mon.
lues.
10
21
20
18
28
21
18
10
21
20
10
21
20
Wtdnet. Thuri.
Wri.
;
Arkansas.—Temperat ire about normal
;
heavy rains throughout
eastern portion, scattered showers elsewhere; cotton generally fair to
good In most portions, some complaint of shedding and damage by
rust.
Tennessee.— Almost dally rains during week, some heavy and damaging, with high winds 16th; orops on bottom lands overflowed and
greatly damaged; all late crops much benefited, especially ootton;
cotton improving but still shedding.
Oklahoma and Indian Territories.—Weather
dry but beneficial
to crops; ootton doing well generally, but shedding and damaged
some locally by boll worms.
Missouri.— Rainfall generally
light;
cotton doing fairly well; some
opening.
These reports on cotton are summarized by the Depart-
ment
as follows:
The central and eastern portions of the cotton belt have suffered
from heavy rains, while drought has become more serious over the
greater part of the western districts.
In the Carolinas too rank
growth is reported, especially on stiff lands, and in Georgia, Florida
and Alabama heavy rains and high winds have caused Injury, rust and
shedding being quite prevalent. In Tennessee, Mississippi, and por-
tions of Arkansas, the crop has improved. Cotton needs rain throughout
Texas, and is failing rapidly in the central- southern and southwestern
portions. Ploking is general in Texas, and is beginning over the
Bouthern and central portions of the eastern distriots.
Jute Butts, Bagging, Etc.— The market
for jute bagging
has continued rather quiet during the past week at unchanged prices, viz.: 6c. for \% lb3. and 6%c. for 2 lbs. standard grades. Car-load lots of standard brands are quoted at
6.^@6Kc., f. o. b., according to quality. Jute butts continue
x
dull at \ /i@\%d. for paper quality and 2%%2%c. for bagging
quality.
Liverp., to Sp.l7.e.
Havre
..e.
Bremen, Aug
Hamburg
Amsterdam
e.
c.
e.
Ghent, v.Antw'p.e.
Reval, v.Br-Hame.
Do
Do
20
18920 182 20 18920 18920
28
21
18
23
21
18
v. Hull... e.
28
21
18
28
21
18
24%
24%
24%
24%
24%
32
28
e.
Antwerp
20
10
21
24%
c.
Rotterdam
18920
10
21
20
10
21
32
28
32
28
82
28
82
28
82
28
28
21
18
v. Bt. Pet.e.
Genoa, Aug
e.
Trieste
c.
18320
18920 18920 18920 18 920
28
28
28
28
28
28
Quotations are cents per 100 lbs. or fractions of a penny per u>.
Liverpool. By oable from Liverpool we have the following statement of the week's sales, stooks, &o., at that port,
—
Aug.
dales of the
week
bales.
Of which exporters took...
Of whloh speculators took.
Sales American
Aotual export
Forwarded
L'otal stook— Estimated...!...
Of whloh Amerloan— Est'd.
rotal Import of the week
Of whloh Amerloan.........
Amount afloat
.... ......
....
Of whloh Amerloan
2.
Aug.
9.
43,000
2,000
39,000
1,000
39,000
4,000
81,000
549,000
427,000
25,000
25,000
49,000
88,000
36,000
7,000
44,000
612,000
897,000
15,000
11,000
48,000
88,000
600
Aug. 16
46.000
4,300
1,700
41,000
5,000
49,000
489,000
371,000
31,000
24,000
44,000
34,000
Aug. 23.
42,000
2,600
1,600
36,000
12,000
44,000
446,000
335,000
15,000
12,000
30,000
24,000
THE CHRONICLE.
401
The tone of the Liverpool market for spots and futures
eaoh dav of the week ending Aug. 23 and the daily closing
prioes of spot ootton, have been as follows.
SaVday
Spot.
M °d
Mnrhet,
12.30 p. m
M
«>
(JalBt
4«ie
4°16
4HiO
4,000
6.000
400
6 JO
7.000
1,000
17
Aexp
:I2
Strong
business
doing.
Harden'e-
•1
478
4*
12,000
7,000
500
500
10.000
1,000
Heady
at
I
3-64 ad-
\
opened.
vance.
Firm at Steady at Steady at Steady at Firm at
6-64 @ 8 64
1-154 de1.64(3 2-64 1-64 ((,2-64 2 04 adadvance.
advance,
Market,
il'.M
(
1
\
advance
vance.
cllne.
|
|
advance.
Steady at Steady at Strong at
Qnletat 3(94 pts. 3@t^ pts. H point 9H®13J4P.
2(<t2>4 pts
1 pt. adv.
advance. advance. advance. advance.
advance.
Steady
Unlet at
ai
I
'
The prioes of futures at Liverpool for eaoh day are given
below. Prioes are on the basis of Uplands, Low Middling
olause, unless otherwise stated.
The prices are given in pence and 64(A*.
3 63-64d.. and 4 01 means 4 l-64d.
OT
Thus
:
3 63
meant
!
MIXED OOBN
IB
NEW YORK.
Oaiih
00m
o.
f.
Sept delivery
Tues.
Wed.
Thurs.
Fri.
64%
b
Mon.
63%
62%
Kl%
63%
64%
62%
61%
63%
64%
62%
61%
62%
61%
60%
61
b2%
63
02ta
61%
05%
In elev
Deo. delivery In elev
May delivery in elev
63%
65
Aug. 20
Aug.
21.
Frl.
Aug. 22. Aug. 23.
12is 1 12*9 4ij 12 "a 4 12i«| 4 12^ 4 12>a
P.M. P.M. P.M. P.M. P.M. P.M. P.M.IP.M. P.M. P.M. P.M.
d
4 26
August
Aug.-Sept... 4 22
Sept.,L.M.C. 4 22
Oot.,G.O.O. 4 10
Oct.- Nov.... 4 08
Nov.-Deo... 4 0«
4 07
Deo.- Jan
4 07
Jan. -Feb
Feb.-Mch... 4 06
Mcli -Apr
4 07
April-May..
.
d.
4
4
4
4
4
4
4
4
4
4
d
d
26 4 28 4
22 4 24 4
22 4 24 4
104 12 4
07 4 09 4
06 4 07 4
064 07 4
0614 07 4
06 4 03 4
07 4 08 4
d.
d.
d.
27 4 28 4 31 4
23 4 25 4 27 4
23 4 25 4 27 4
11 4 13 4 15 4
08 4 10 411 4
07 4 08 10 4
10 4
07 4 08
07 4 08 10 4
07 4 09 10 4
08 4 09 11 4
37
c4
34
20
16
14
14
14
14
15
d.
d.
d.
4 37 4 38 4
4 34 4 34 4
4 34 4 34 4
4 19 4 19 4
416 415
4
4 13 4 13 4
4 13 4 13 4
4 13 4 13 4
4 14 413 4
4 14 4 13 4
d.
37 4 48
34 4 45
34 4 45
19 4 28
16 4 23
13 4 20
18 4 20
13 4 19
13 4 19
13 4 19
4
P. it,
d.
48
48
31
26
23
23
22
22
22
May-June..
BREADSTUFFS.
Friday. Aug.
23. 1901.
Business for the week in the market for wheat flour has
been quiet. Buyers generally have been very conservative
in their operations, and with the easier turn to values for the
grain, holders of flour have weakened slightly in their views.
Offerings of new winter-wheat flour have been increasing,
and a few samples of new-crop spring-wheat flour have been
shown. City mills have been quiet. Rye flour has been
The demand for corn meal has continued limited, but
dull.
prices have held steady.
Speculation in wheat for future delivery has been fairly
active, but the trend of prices for the week has been towards
a lower basis. The most pronounced weakness shown by the
market was on Tuesday. The European cable advices were
disappointing, prices in European markets showing a tendency to sag. The export business and the large export clearances, which latterly have been important bull factors, were
falling off, and this operated against the market. Other
bearish factors were a reported official estimate of the Manitoba crop of 48,857,000 bushels and the Northwest Territory
of 10,000,000 bushels, a total of 58,857,000 bushels, against
30,207,000 bushels last year. The spring-wheat crop is beginning to move with some freedom, receipts at Minneapolis
running fairly heavy, and the Northwestern markets showed
an easier undertone. The movement of the winter wheat
crop, however, has continued only moderate. The spot market has been easier, following the decline in futures. Only a
moderate amount of export business has been reported transacted, as shippers have been less free buyers. To-day there
was a lower market under tame foreign advices, favorable
weather conditions and speculative holders liquidating. The
spot market was moderately active at lower prices. The
sales for export here and at outports were 220,00i) bushels.
DAILY CLOSING PHI0B8 OF NO. 2 BED WINTER IN NEW YORK.
Bat.
Cash wheat
f.
o.
b
Sept. delivery in elev....
Dee. delivery in elev
May delivery In elev
Mon.
Tuts.
Wed.
78i«
Thurs.
Fri.
78*4
77i«
79*8
77^
75
77%
76%
77*8
76?8
78 7s
773a
82ifl
DAILY CLOSING PRICES OF
8at.
8
76%
78I4
77 5a
783a
82is
80 78
81%
81%
NO. 2 SPRING IN CHICAGO.
Aton.
Tues.
Wed. Tkurt.
75?8
775s
80 78
Fri.
70%
70%
70%
72%
73
73%
723a
76<Sa
77
77%
75%
76%
76
Indian corn futures have received a moderate amount of
attention, but there has been a gradual sagging of values.
Advices received from the Western market report that
some of the large speculative holders have been gradually
liquidating. The principal factor against the maintenance
of prices on their present high basis has been the character
Weather conditions in the corn belt
of the crop news.
Conservative authorities
have been generally favorable.
Bept delivery In elev
71%
71%
Deo. delivery In elev
May delivery In elev
73!%
7313
70
apparently piomise of a considerable improvement fiom the yield as indicated by the Government
report coveiing to Aug. 1st, conditional that the weather
conditions during September are favorable.
A limited
amount of business has been transacted in the spot market;
prices have been easier with futures. To-day there was a
lower market on general selling, based on the improved crop
outlook. The spot market was fairly active at lower prices.
Sales for export were 430,000 bushels.
say that there
TKurt.
fri.
57%
57%
56%
55
58%
Deo. delivery In elev
60 ^
59%
58%
57%
59%
May delivery In elev
61%
62%
61%
60%
59%
Oats for future delivery at the Western market have been
moderately active, but at declining prices. The weakness
Bhown by other grains, particularly corn, has induced moderate selling by speculative holders to liquidate their accounts.
The Manitoba oat crop is reported officially estimated at 30,207,000 bushels, and this too had its influence ae a market factor.
The local spot market has been moderately active, but
at easier prices. To-day there was an easier market.
Large
The spot market was
receipts had a weakening influence.
lower.
DALLY CLOSING PRIOES OF OATS IN
NEW YORK.
Sat.
Tues.
Wed.
Thurs.
Fri.
40
40
39
43%
No. 2 mixed in elev
Mo. 2 white in elev
Mon.
43%
42%
39%
42%
39%
42%
38%
41%
Mon.
Sat.
35%
37%
39%
36
8ept. delivery In elev
Dec. delivery in elev
May delivery in elev
37%
39%
CHICAGO.
Tues.
Wed.
Thurs.
Fri.
35%
36%
38%
35%
36%
38%
31%
36%
38%
34%
35%
37%
Rye and
barley have continued dull.
Following are the closing quotations:
4 51
4
4
4
4
4
4
4
4
4
<*
58%
60%
62%
Wed. Thorn.
Tnea.
61
CHKAOO.
DAILY CLOSING PRICES OF NO 2 MIXED CORN IN
Mon.
Tues.
Wed.
Sal.
DAILY CLOSING PRICES OF NO 2 MIXED OATS IN
ITIon.
Sat.
Aug. 17. Aug. 19
,
Hat.
Sept. delivery In elev
Futures.
Market
DAILY 0LO8INO PRIOES OP NO.
Kair
r,* te
Warden's demand.
"•
Mid. Upl'ds.
Balen
Spec.
Monday. Tuesday. Wed'day. Thursd'y Friday.
[Vol. LXXI1I.
FLOUR.
Clears
Straights
Patent, spring
(Wheat
92 35
92 50
92 65
70 92 85
85 93 25
25 93 70
65 94 55
92 20
2 35
2 50
Fine
Superfine
Extra, No. 2
Extra, No. 1
2
2
3
3
Brandywine
30
barrels.)
c
0.
40%»44
38%»39%
41%«42%
White
No. 2 mixed
No. 2 white
below those for
....
93 25
3 20
Western, eto
GRAIN.
Corn, per bush.—
Western mixed.
83%@84%
No. 2 mixed.
76%»78%
75%o77%
Western yellow
Western white
76%»77%
88 940%
Bye, per busho.
•
Buckwheat floor
Corn meal-
flour in sacks sells at prices
Wheat, per busn.—
Hard Dnluth, No.l
N'thern Dul., No.l
Red winter, No. 2
Hard N. Y. No. 2.
Oats— Mlx'd.p.bush.
«3 90
94 55
93 50
Patent, winter.... §3 50
City mills, patent. 3 95
Rye flour, superfine 2 65
961%
59%961%
66%968%
68%»70%
55%958%
59
Western
State and Jersey
Barley— Western.
Feeding
58
63
53
959
971
957
Government Weekly Grain Report.— Mr. James Berry,
of the Climate and Crop Division of the LT. S.
Weather Bureau, made public on Tuesday the telegraphic,
reports on the grain crops in the various States for the week
ending August 19 as follows:
Chief
Weather. -The temperature conditions of the week have been
favorable, except on the North Pacific coast, where it has been excessively warm. The Middle and South Atlantic and East Gulf States,
including Tennessee, have suffered from heavy rains, the South Atlanta and East Gulf States and Tennessee experiencing damaging
winds as well ae injury from overflows. The greater part of Texas
and portions of the Missouri and upper Mississippi valleys, and upper
Lake region oontinue to suffer from drought, and drought Is beginning to affect crops in Oregon and Washington. The Rocky Mountain
region and California have had an exceptionally favorable week.
Corn.—A very general improvement in the condition of late com is
indicated in the principal corn States. In Iowa the crop is materially
improved and more promising than was deemed possible August 1,
but the yield is still contingent upon additional moisture very soon,
and the absence of frosts the greater part of September. Late corn
has improved in extreme Southeastern Nebraska, but oontinues to
suffer for rain in central and northern counties. In the eastern and
western portions of Kansas late corn Ismuch improved, but in the central counties rain came too late to save the crop. In some portions
of Missouri late corn is progressing well, but in most seotions It is
suffering for rain. Good rains in Illinois, Indiana and Ohio have improved the outlook, especially ia Indiana, but. as in other portions of
the corn belt, the greater part of the early corn has been ruined. The
propitious outlook for oorn in the Middle Atlantic States and New
England oontinues.
Spring Wheat.— The weather has been favorable
for spring- wheat
Harvesting is nearly finished in the Dakotas,
Minnesota and Oregon, and is in progress in Washington, where, owing
to exoessive heat, the grain has .ripened somewhat too rapidly. In
North Dakota, owing to shrunken berry and poorly filled headi, the
yield of spring wheat is proving disappointing.
The movement of breadstuff s to market as indicated in the
statements below is prepared by us from figures collected
by the New York Produce Exchange. The receipts at
Western lake and river ports for the week ending Aug. 17,
and sinoe Aug. 1, for eaoh of the last three years have been:
harvest in
all seotions.
Ustitti «t-
jflour.
Wheat.
Corn.
Oats.
BmrUv.
It*S.
85U.196 16* Biish.OOlbt Bush.66Xbt Buth.Silbt Buih.iSlbi BK.66
tfllwankee
•
146.668
78.850
128,000
2,106,830
99,750
117,472
1,054,228
5C.400
2,603,466
141.725
74.400
14,634
224.930
67,000
32,577
168.160
923
418.741'
80.050
118,687
S.0B0
45.699
80,711
310.726
164,206
80.301
111,807
;l» reland
Loull
769,353
182.100
246.465
883,316
1.196,000
375,000
178,800
. .
....
is
20.150
ianiai City.
79.687
468,765
890
64,821
342,100
5,600
6,600
323,1(3
81.755
885.338
279,656
298,728
425.896
6,126.366
2.451,164
6,086,400
368,312
6,640,877
2,056,005
6,318.480
wk.'99.
407,911
3,337,904
8,834,821
4,909,598
397,641
280.174
305,752
1,267,937
19.418,123
7.483,258
18,678,826
600,696
1,079,657
1,262.546
18,834,085
11.818.053
8,152.367
11.883.838
13,979,190
13,357.568
612,267
681.376
Hues Aui.
1901
1900
1899
1,689
wk.'OO.
Tot.Wk.1801
jams
Same
21,211
8C,i90
410,474
48,265
1,410,120
Ulnnsapollt.
3t.
lb>.
79,844
21.750
122,611
1.
August
THE CHRONICLE.
24, 1901.]
The receip ,8 of hoar and grain at the Beaboard
week enc ed Aug. 1 7, 1901, follow:
por t8
fOT
WIX
ytari««
iowi.
bob
829
SB
85. 0U0
64,8*9
«4»,760
...
1.S.231
"•wport Newt..
T.700
600.1 "
3«,0i>0
10,000
2,100
726,047
70.M7H
»,«eo
12.7VO
.SI..
.
351.7IKI
ltl0.'58
1)1.500
194
11 «
6-\i
Phllndalptala
Dem,
tUiai.
Flour,
11.151
64.40.J
fcOO
SS.I81
ao.usis
44,:>00
&
'
.24^
000
2,6lh
fi-u :<00
It),
165.2C0
34,285
6,02R.18rt
2,ca3.9v<8
,934
883*8.5
IO.Hik)
4.052,417
1.83M.M6
59.100
85
•
.
tO.btfc)
Total week.
"eel
81-8,174
bU3,002
lOOO.
J
2fl'.
Reoelpit do aot include <i»ii iitiiiut tliroQBh
i-cin ID
p trtl on throng) bille o*
Total rece Iptfl at por ts from Jan. 1 to
•
f our
follows for
• •»•..' iaan<
bush
Wheiit
n
17 conip tire as
1900.
13.178,478
1899.
13.1o9.879
9».:i07,S2«l
58,107,318
119,790.980
4", 514,019
72,027.005
121.825,7(8
68,889,860
3,852,704
4.104.002
Oats
Barley
"
"
"
60,4HM,47rt
Kye
"
2,043,240
7.(105. ->55
1.7(14,08.)
"
240,093,837
283.748.807
tt0,lfv9,8y.)
3.1: (1,890
1898.
11 ,8(18,8*15
O7.4ID.305
185,'.'
-<,S5tl
266.031,428
Corn,
-
t>ii»>».
Hew
York.... 1.076.K73
«7W.412
Boston
708 205
Philadelphia.
Baltimore.... 8.070,006
New Orleans.. OOO.tOO
bbli.
'•una.
82,645
34.H72
28.430
8o,oo7
4,620
20.000
31,885
20,274
10,801
I,«s0
000
24,009
Norfolk
NewD'rt Newi 155.200
24-',890
Montreal
366.080
OalTeston
Total week
Hour.
bush.
358.741
45.843
78,0>7
Whtat.
MsnoTtttTOf
NlW YORK
TO ADO.
1900.
19.
34.2S8
13,016
Plat.
Oati.
8ept.
buih.
7.991
below
Weik
Sine »
Central America
South Amerloa.......
Other Countries. ....
11,463
06.069
108,470
With
America.
2-. not
lO.Sol
1.605
1.186
17.
)>»*•/&.
4,143,998
l.HS.MH
Other oonntrlei
1000,
10,815
V»»tk
Auq.ll
Slnr. S.»
1900.
)>u#h.
140
97.720
803.613
480,810
292,931 75.110.290
171,19" 76.630,880
32.301
1,195,326
47,410 1,001.840
11,667
233.230
1,072
b33.014
6.983.356 186,864.484
656,470 163,97<\300
1,697,878 85.374,966 3,885.725 lb8.301.688
803.318 16,006.322
189, 7»2 16,012,205
Total
Total 1000
1,
06.005,734
00,343 241
34 659
1,014, .-02
Weit Indlei
Br. N.Am. Colo's
Aug.
1,81(8,408
The visible supply of grain, comprising the stocks it
granary at the principal points of accumulation at lake and
seaboard ports, Aug. 17, 1901, was as follows:
Out*,
Corn,
Barm
WhtMt,
at—
In
•W Yorkafloat
buth.
8,0t6.(w
Boiton
l.loo.ouv..
$tort
Do
Philadelphia
Baltimore
New Orleans
100,000
763.000
1,496 00C
009,000
401.000
113,000
...
Galveston
Montreal
Toronto-
Do
Do
22 nnr
86,000
89.0C0
1.000
801,000
45.000
1.000
8,000
686,0 jo
454.000
408,000
830,000
6,000
28.U01
—
31,000
11."
afloat
803,001,
'97.006
76,000
105,000
"8.00C
4,353,000
7,693,000
1,0 3 7.000
170,'JJ!
109.001
Ft.WUrm4Pt.An.nur
Dnlnth
443,000
1,026,000
soe.olu
'63,000
10,000
i7,6Vi
448,000
181,6*00
..
lansasClty
4.447,00"
3.042.000
—
1.2(4,000
561.000
Peoria
Indianapolis
508 noc
On Mississippi Blier.
OnLakei
..
121,000
292,000
1,071,000
Total Aug. 17,1901.. 20.770,000
Total Aug. 10. 1001.. 28,219,000
'I'Otal A 11;.'. 18 1900.. 49,761000
Total Aug. 19, 1899.. 30,07 1<,000
Total Aufe'. 20, 1698.
6,860,000
15,000
lfcO.000
824001'
81,000
808.000
819000
18.783.000
13,200 000
9,102,000
7,888.000
10.123.000
633.000
189,000
87,000
810,000
85.00c
o
42,000
lO.'o'i!
6.447.000
4,446.000
7,024,000
4 039,000
2,910,000
7.0W
1
•
OB
5,000
M
(C
)3
20,000
035.000
722,000
081,000
628.000
401,000
c.
B
Q
©
o
a
•
o;
•
:
"
:
:
:
:
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!
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'
.
i
*
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2
•
•
O
2
.
s
1
1
•
•
S
i;
>
CJB)
>
•
8
S
•
•
S
-3;
si
a
a
,
B
;
»:
:
:
:
:
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:
1
i
I
1
•
1
•
fl
•
•
•
I
•
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1
f
:
o-5
1
£
**
I:
si 2!!ii?
...
o
H.
ISIS
I
•»
g:
S!
°:
!
SI!
f
M
1
1
1
•
•
*
•
j
:
s
hi
a
E
a
S
•
••1
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1
E
'
a
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561.000
64,000
IP Fill
S
•
afloat
Onoanalandrlrer.
^3
1
79Ch'
afloat
Minneapolis
0t Loals
-» r-
S
s
1,298,000
240,293
7
""74
The value of the New York exports for the year to date
has been $7,558,185 in 1901, against $10,367,158 in 1900.
Woolen Goods. The chief feature of the market for
men's-wear woolens and worsteds has been the well-sustained
demand for staple lines in light-weights for spring. Buyers
have in some instances bought liberal quantities of these,
and the general demand hasbten good. There have been no
advances openly quoted this week to follow the upward
movement in American staples last week, but the tendency
is more or less against buyers in leading lines of claye,
sergts and cheviots. While staples are doing well, there is
more or less irregularity in fancy lines. The best business
in these has been in medium-priced soft finished goods, the
demand for the higher priced hard finishes being irregular.
There has been no change in the market for overcoatings or
cloakings. Woolen and worsted dress goods continue quiet.
Flannels and blankets dull.
Foreign Dry Goods.—There has been a quiet demand at
firm prices for fine grades of woolen and worsted dress goods.
Silks and ribbons are quiet but firm. Linens also firm with
fair demand.
Burlaps dull and tending downward.
importations and Warehouse Withdrawals of UryOooii
A
2
B
s
s
B H a
S
H
H
o to efJSSjB
o to s3Sc?^g
o
Q,C»
IX
a*
— M .e»0 tl
M
2.00(
afloat
Do afloat
Milwaukee
afloat
Do
Do
bus.--.
106.00.
376.000
afloat
.
Oklcago
Do
294.09K
20.00C
820.000
buik.
43,030
14,000
27.00C
Detroit
Do
238,00(,
hush.
670.000
787,000
Buflalo..
Toledo
bush,
863.000
9,000
153,000
141.0OU
2,240
174,263
1,188
672
1.
—
«r»,.
<
8<ntl8ept.
329
48
123
744
313
1,459
1,246
140,039
8,789
23,259
2,847
18,047
2,070
7.993
28,509
6,035
10,444
Wkmt.
,-.
.">«»»
milk and lirwt Aug. 17.
1,1900.
bhlr
bW»
8»Pt. 1 to—
Onited Kingdom 186.077 11.190.921
71.236 2.809,490
Continent.
C.
2,111
2
353
57
37
Mexloo
21,420
:
Flour.
,
Mxioritl or
8
206
Afrloa
West Indies
96,435
803 318
16
14
972
"l25
Total
650.470
5.9S9.865
Since Jan.
3,242
65,592
2,828
30,604
6,490
14,022
1,280
5,105
39,113
6,015
China.... .............
India. ............ .....
610
1900, is as
1,
122
13
Ureal Britain
Other European
A.rauia..... *..........
2<er(»i
k «.»h.
45,830
Week.
I
278.070.891
41,059
36.958
41,608
Same time 00. 1,097,878 8,286,725 180.782 343,228
The destination of these exports for the week and since
&
1901.
3,100,102
0..13O.6O3
The exports from the several seaboard ports for the week
ending Aug. 17, 1901, are shown in the annexed statement:
S.
,
Week. Since Jan.
Total grain
;
t
Aug.
1901.
•121.178
Com
81,48)1
rorei.
years:
of—
Receipts
There has been only a qrj
^o aud
OSnablVgS, Without change, in price. Leading mas
apply, and
bleached vuttons are in 111
mod
i up in face of continued
been no change in th^ market for wide sli^etii,
In coarse ool
uods th
nels or blankets.
been in favor of biiyern in most <lu
been any quotable change in prl
rrimaok indigo blue prints have been advanced
(q,
In otiier lines of printed calicoes a lair amount of
per yard,
M has been done at steady pricv. Fine
of
.ted and woven patterned ^oo'ls have i-otd well for Bprin
Ginghams are quietly firm, Print cloths have at in,,.
reme close of the market shown a stronger tone and are
about J 8C higner than a week ago.
Domestic Cotton Woods.— Tbe exports of cotton goods
from this port for the week ending Aug. Yd were 2,111
packages, valued at 1113 753, their destination being to the
points specified in the tables below
rit.
the
Untiwit at—
New York
405
252,0i
C
320,000
380.001
400.001
245.001
THE DRY GOODS TRADE.
New
York, Friday, P. M„ Aug. 23. 1901.
There has been some improvement in the volume of business done in the primary market this week, but it has not
come up to the expectations of sellers and the fact must be
accepted that buyers are still generally in a conservative
mood. The home trade demand has been for immediate
requirements only in so far as staple lines of cotton goods are
concerned, there being very little disposition to anticipate
needs in these. The best business on the part of home buyers
has been in the fine grades of fancies on the market for next
spring. In the latter business has been good and in somewhat singular contrast to other divisions of the market. The
indifferent business in most lines has been offset to some extent in effect by the firmer market for raw cotton and prices
remain unchanged with the exception of an unexpected advance of ^c. in leading lines of indigo blue prints. Business
with jobbers is steadily increasing in various lines of fall
merchandise.
In brown sheetings and drills the chief feature has again
been the demand for light-weight goods for China, even
though it has been less pressing than last week. Sheetings
lighter than 3'25 yards are firm.
Heavier weights are irregular, being in slack demand on both home and export ac-
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§
THE CHRONICLE.
40C>
ynw City $z?ftvrytzHT
St/vrs:
TERMS OF SUBSCRIPTION.
[Vol. LXXlll.
—
t
This
AbIm'tMIi-. N. C. Bond* Propoted.
Uaue $200,000 41 gravity-water-line bonds.
city proposes to
Details are yet
determined.
Bainl, Texan.— Bond Sale.— We are advised that arrangements have been made for tbe sale of the $4,800 4.% waterworks bonds recently voted.
stated last week
Baker City, Ore.— Bond Offering.—
to
l»e
We
will bo furniphed without
sale on Sept. 2 an issue of
every annual subscriber of theCoMMER cial that this district would offer for
extra charge to
$20,000 water bonds. The date for the sale of these bonds
and Financial Chronicle.
and proposals will be received
State and City Supplement will also be furnished has been changed to August 31
The
until 4 p. m. on that day by W. H. Bentley. City Auditor.
without extra charge to every subscriber of the Chroncile.
amounts of not less than $100 and
The Street Railway Supplement will likewise be fur- Securities will be issued in
will be dated Sept. 3, 1901. Interest will be payable seminished without extra charge to every subscriber of the
annually at the office of the City Treasurer. Principal will
Chronicle.
mature in twenty years. Rate of interest is be named in
The QuotationSupplement, issued monthly, will also be bids and must not exceed 6#. A certified check for b% of bid,
furnished without extra charge to every subscriber of the
payable to tbe City Auditor, must accompany proposals.
Chronicle.
Baraboo, Wis.— Bonds Proposed.— The issuance of $50,000
Supplements
TERMS for the Chronicle with the four
high-school-building bonds is being considered. The quesabove named are Ten Dollars per year within the United tion will come up for action in the City Council at the first
States and Thirteen Dollars in Europe, which in both cases
meeting in November.
includes postage.
Barberton, Ohio.— No Bond Election. Owing to irregularities, the election which was to have taken place on Aug.
Terms of Advertising— (Per Inch Space.)
9, 1901, to vote on the question of issuing $40,000 waterTransient matter (each tinie);f 4 20 Three Months (13timeB).$2900 works-improvement bonds was not held.
(26times). 5000
STANDING BUSINESS CARDS.
Six Months
Berlin, Wis.—Bond Election.—An election will be held
Two Months (8 times)
$22 00 TwelveMonths(62tlmeB). 87 00
August 27 to vote on the question of issuing $20,000 3>£g
The Investors' Supplement
—
school-house bonds.
If
authorized, securities will mature
Dublin, Ga.— Bonds Invalid.—The Supreme Court has $1,000 yearly on January 1 from 1903 to 1922, inclusive. Indeclared invalid the $25,000 school and city improvement terest will be payable annually.
bonds mentioned in the Chronicle May 4, 1901. We are
Biddeford, Me.— Bonds Proposed. This city is considering
advised that another election will be called at an early the question of issuing $50,000 bonds to take up outstanding
date to authorize these bonds.
notes to that amount.
Norfolk, Neb. Bond Litigation. A temporary injunction
Billings, Mont. Bonds Voted.— At a special election held
has been granted by County Judge Bates restraining the August 10 the issuance of $32,000 city-hall bonds was authorMayor and Council from issuing the $16,600 bonds voted re- ized.
cently for an electric- light plant. The injunction was had
Bluefleld, W. Ta.—Bonds Proposed. The issuance of
upon the petition of R. A. Steward, who, it is stated, attacks sewer bonds to the amount of about $30,000 is being talked of
both the validity of the law under which the bonds are to be in this city.
issued and the legality of the election at which they were
Borden County, Texas. Bonds Approved.—The Attorneyauthorized.
General has approved an issue of $14,400 refunding bonds.
Bradford, Ohio.— Bonds Voted. This place on August 19
authorized the issuance of $10,000 water- works bonds by a
Calls and Redemptions.
vote of 229 to 70. No action has as yet been taken by the
Clallam County, Wash.— Warrant Call.—W. J. Dyke, Council looking towards the issuance of these bonds.
Burleson County, Texas.— Bonds Authorized.— An issue
County Treasurer, called for payment August 9 the followof $1,900 court-house and jail-repair bonds has been authoring warrants
ized.
COUNTY GENERAL FUND.
Warrant No.;493. Is?ued May 20, 1692.
Burlington, N. J.— Bonds Re-awarded.—The $10,000 4£
GENERAL ROAD FUND.
refunding bonds awarded on August 7 to the Union National
Warrant No. 1035, issued Feb. 23, 1893.
Bank of Mount Holly have been refused by that institution
BRIDGE FUND.
and the bonds re- awarded, one-half to Ellen T. Lewis and
Warrant No. 549, issued Nov. 5, 1897.
one-half to Annie E. Wood, at 105, both parties residing in
ROAD DISTRICT FUND WARRANTS.
Burlington.
District No. 27— Warrant No 4P4, issued Jan. 22, 1895.
Callaway County, Mo. Bond Election Abandoned. The
District No. 32— Warrant No. 215, issued May 2W, 1900.
issuance of $200,000 road bonds has been under consideration
District No. 45— Warrant No 345, issued Jlav 21, 1894.
District No. 55— Warrant No. 9'JB, issued July 15, 1899.
in this county. Failing, however, to get the requisite numSCHOOL DISTRICTS, GENERAL FUND WARRANTS.
ber of signers to the petition to the County Court to call an
District No. 10—Warrant No. 48, issued Feb. 28, 1901.
election, the matter has been abandoned.
SCHOOL DISTRICT, SPECIAL FUND WARRANTS.
Canousburg, Pa. Bond Election. An election will be
District No. 3— Warrant; No. 6, issued Sept. 7. 1900.
held September 24 to vote on the question of issuing $40,000
Clark County, Run.— Bond Call— J. W. Robinson, County sewer bonds.
Treasurer, calls for payment October 10 at the State fiscal
Canton, Ohio.— Bond Sale.— The $12,500 street and sewer
agency in New York City bonds Nos. 1 to 121, inclusive, for bonds offered for sale on August 5 have been awarded, it is
$1,000 each, and No. 122 for $300, all issued April 10 1889 in stated, to the First National Bank of Canton at 101*75 for 4%
aid of the Southern Kansas & Panhandle Railroad.
per cents. For description of bonds see Chronicle July 13,
Hannibal, Mo. Bond Call. Interest ceased July 30 on p. 96.
bonds Nos. 4, 5, 6 and 7, each for $1,000.
Carbon School District, Eastland County, Texas.— Bonds
Jefferson City, Mo.—Bond Call— On July 1, 1901, interest Approved
An issue of $1,600 bonds of this district has been
ceased on the 5% bonds dated July 1, 1896, and numbered approved by the Attorney- General.
from 1 to 6, inclusive. Denomination, $500.
Casselton, N. Dab. Bonds Defeated. This city has voted
Joplin, Mo. Bond Call. — Bonds Nos. 40 to 42, inclusive, against a proposition to issue bonds for the improvement
of
ceased to carry interest on July 1, 1901. They are bonds of the city's electric-light plant.
each, dated July 1, 1890, and the interest was at the
$500
Cazenovia(N. Y.) Union Free School District No. 10.—
rate of 6%.
Bond Sale.—On August 3 an issue of $15,000 A% 1-15-year
Pierce County, Wash.— School Warrant Call.—John B. (serial) school bonds was awarded to Henry Burden at par.
Reed, County Treasurer, called for payment August 17 warChagrin Falls, Ohio.— Bond Offering.— Proposals will be
rants on the special fund of the following districts
received until 12 m., September 18, by William D. Brewster,
District No. 8— Warrants Nos. 42 to 86, inclusive.
Village Clerk, for $15,000 4# street-improvement bonds. SeDistrict No. 8— Warrants Nos. 245 to 258, inclusive.
District No. Is — Warrants Nos. 126 to 129, inclusive.
curities are in denomination of $750, dated Sept. 16, 1901.
District No. 34— Warrants Nos. 8 and 4.
Interest will be payable April 1 and October 1 at the ColoDistrict No. 62— Warrants Nos. 1 to 3.
District No. 87— Warrant No. 2.
nial National Bank of Cleveland.
Principal will mature one
Plattsburg, Mo.— Bond Call—This city called for payment bond each six months from April 1, 1902, to Oct. 1, 1911, inJuly 1 5% bonds Nos. 6 to 35, inclusive, each for $500, dated clusive. Blank bonds are to be furnished by the successful
bidder. A certificate or certified check of the Chagrin Falls
December, 1889.
Banking Co. or Rogers & Sons of Chagrin Falls, showing
that $500 has been deposited, must accompany proposals.
Proposals and Negotiations this Bids are to be made on blank forms furnished by the Village
Clerk.
week have been as follows :
Chanute (Kan.) School District.— Bond Sale.— On August
Antigo, Wis.— Bond Election.— An election will be held 5 an issue of $25,000
4%% bonds was awarded to a local inAugust 26 to vote on the question of issuing $18,000 sewer vestor at 10004. Bonds mature in 20 years, subject to call
—
—
—
—
Bond
:
—
—
—
—
—
:
Bond
bonds.
Augusta, Ga.— Bonds Authorized.— The City Council has
authorized the following bonds
:
123,000 refunding bonds, dated Nov. 30, 1901. and maturing Dec. 1 1931
interest, at a rate not exceeding i%, will be payable June 1 and Dec 1
85,000 refunding bonds, dated Jan. 1, 1902, and maturing Jan. 1, 1932 interest will be payable semi-annually at a rate not exceeding ii per an-
num.
65,000 refunding bonds, dated Nov. 1, 1901, and maturing Nov. 1. 1931.
est, at a rate not exceeding 4%, will be payable semi-annually.*
Bonds are
all in
denomination of $1,000.
Inter-
any time.
Clarbsville, Tenn. —Subscription Voted.— This city on
August 3 voted a subscription of $100,000 to the capital stock
Clarksville Railroad. An ordinance is
of the Nashville
now being considered in the City Council providing for the
issuance of bonds to pay the above-mentioned subscription.
An injunction bill was filed in chancery on August 14 praying that the election be declared null and void, numerous
allegations being set forth in the bill.
at
&
August
24,
THE CHRONICLE.
1901.]
Clay Center (Neb.) School District.— Bonds Voted.— At
the election held August 5 the question of issuing bonds fur
a new school house carried by a vote of 144 to 29.
Cleveland, Ohio.— Bond Offering.— Proposals will be received until 12 M., Sept. 16, by J. P. Madigan, City Auditor,
for $39,000 4% funded debt coupon bonds. Securities are in denomination of $1,000, dated Oct. 1, 1901. Interest (semi-annually) and principal will both be payable at the American
Exchange National Bank, New York, and the principal will
A certified check for 5% of amount bid
1, 1911.
payable to the " Treasurer of the City of Cleveland,'
must accompany each bid. Blank forms can be obtained on
application to the City Auditor.
llereland, Tenn.— Bond Election.— An election will be
held September 2 to vote on the question of issuing $55,000
5% water bonds.
Clifton, Kansas.— Bonds Voted.— This district on August
12 voted to issue $5,000 5i water-works bonds.
Coenr d'Alene School District No. 1, Kootenai County,
Idaho.— Bond dale.— This district sold early this momh to
Thompson, Tenney & Crawford Co., Chicago, an issue of
$12,300 10 20 year (optional) refunding and improvement
bonds at 101 114 for 5 per cents. Following are the bids
mature Oct.
for,
:
For 5Vi Per Cents.
For 6 Per Cents.
Thompson, Tenney & Craw11.
MacDonald,Mct;oyACo.,Chl.»$12,187 00
tor PtrCevU.
Duke M. Farson & Co., Chlo. 12,900 oo
5,00000 8. A. Kean. Chicago
18,830 76
»$12,437 00
ford Co..ChicaKU
B.Stephens.Coeur d'Alene
(for$6.0u0)
•
And
blank bonds.
College Hill (Borongh), Pa.— Bond Offering.— Proposals
will be received until 7:30 p. if., September 17, by the Town
Council (P. O. Beaver Falls), for $10,500 4% electric-light
bonds. Securities are in denomination of $500, dated Oct. 1,
1901.
Interest will be payable semi-annually and the principal will mature $500 yearly on October 1 from 1906 to 1926,
inclusive, all bonds remaining unpaid after ten years being
subject to call at any time. A certified check for $100 must
accompany
proposals.
—
Concord, N. H. Loan Authorized. The Council has authorized a loan of $6,000 for sewer purposes.
Conneant, Ohio.— Bonds Voted. This place on August 9
voted to issue bonds for various improvements, among which
may be mentioned $20,000 for electric lights, $33,500 for sew-
—
ers, $65,000 for streets
ment
and $10,000
for fire
and police depart-
building.
Cottage Grove, Lane County, Ore.— Bond Offering.— At a
special election held August 12 the question of issuing $15,000
5% 20-year gold refunding and water bonds carried by a
large majority.
These bonds were authorized some time
ago, but the proceedings were found to be illegal. Proposals
for these bonds will be received until 7:30 p. M., September
They are in denomina2, by J. E. Young, City Recorder.
tion of $1,000, dated Sept. 2, 1901. Interest will be payable
January 1 and July 1. A certified check for $100 required.
Dallas, Ore. Bonds Proposed. The issuance of bonds for
water works is being talked of by citizens of this place.
—
Delphos, Ohio.— Bond Election.— The Council has ordered
an election to vote on the question of issuing $25,000 electriclight plant bonds.
Delta Connty, Texas.— Bonds Authorized.— The Commissioners' Court has authorized the issuance of $1,996 jail
bonds.
Denton, Texas.
the
amount
Bonds Approved.— School-house bonds
of $12,500
to
have been approved„by the Attorney-
Gteneral.
iird
107
check on a Findlay bank for 3* of the par value of the
must aceompany proposals.
School District.— Bond* Defeated. -Thin district on August 6 voted against the issuance of $4,000 tchool
.Is
bid for
Nora
(111.)
bonds.
Fort Scott, Kan.— Bonds Proposed.— At a recent mass
meeting a resolution was passed recommending that the City
Council call an election to vote on the question of issuing
$10,000 bonds to prospect for natural gun.
Fostoria, Ohio.— Bond Offering.— Proposals will be received until 1 P. M., August 30, by J. M. Schatzel, City Clerk,
for the following 4% refunding bonds
:
refunding bond* of S.wor DUtrtOI
M 000 refunding bunds of Sower District
3 000
1
No.
1,
i.
lu ileiitxiilnaili.i
In
denomination
ol il
denomination ol »t*o7.
refunding Main Street bond,
ouo refunding Perry street bonds, in denomination of *?>oo.
,UOO refunding Union Street bonds, in denomination of $600.
in
'hb7
l
No.
Securities will bear date of sale and will carry interest payable March 1 and September 1 at the Chase National Bank,
cerNew York City. Principal will mature Sept. 1, 1921.
tified check for $500 must accompany proposals.
Fremont, Ohio.— Bond Offering."— Proposals will be received until 12 m., September 9, by C. F. Bell, City Clerk,
for $20,000 4% water-works construction bonds. Securities
are issued under the authority of sections 2835, 2336 and
Revised Statutes of Ohio. They are in denomination
2837.
of $1,000, dated Sept. 12, 1901. Interest will be payable April
Principal will mature $10,000 in five years
1 and October 1.
and $10,000 in ten years. Accrued interest is to be paid by
purchasers. All bids must be unconditional and must be accompanied by either cash or a certified check for $200 on
some bank in Fremont.
Fulton County, Ind. Bond Offering. Proposals will be
received until August 26, by E. R. Hendrickson, County
Treasurer, for $8,515 60 5% 4, 5 and 6-year ditch bonds. Interest will be payable semi-annually on Feb. 1 and Aug. 1.
Gallatin, Tenn.— Bond Offering. This city will sell at
public auction on September 14 $2,500 5% electric improvement and $3,500 5% water- works bonds. Securities are in denomination of $100, dated Sept. 1, 1901. Interest will be
payable at the office of the Treasurer and the principal will
mature in fifteen years, subject to call after five years.
Glen Ridge, N. J. Bond Offering— Proposals will be received until 8 p. M September 9, by the Borough Council,
for the $35,000 4% park bonds which were authorized at the
election held July 24. Securities are in denomination of
Interest will be payable June 1
$1,000, dated Dec. 1, 1901.
and December 1 at the Bank of Montclair, Montclair, N. J.
Principal will mature as follows : $2,000 vearly on December 1 from 1920 to 1929 and $15,000 on Dec. 1, 1920. Bonds
are issued under Section 39, Chapter 161, of the Laws of 1897.
Proposals must be accompanied by a certified check, payable
to the Borough Clerk, for 5# of the par value of the bonds
bid for, and must be presented in a sealed envelope endorsed
" Bid for Glen Ridge, N. J., park bonds." Accrued interest
is to be paid by purchaser.
Glosttr, Miss.— Bonds Not Sold.— The $23,000 5% 20- year
water and light bonds offered for sale on Aug. 1 were not
A
—
—
,
sold.
Grand Meadow, Minn. Bonds Voted.— This village has
voted to issue $5,500 5g bonds.
Green Bay, Wis.— Bond Sale.— On August 16 the §35,000
4% 1-20-year (serial) city-hall bonds were awarded to Farson,
Leach & Co., Chicago, at 104-533 an interest basis of about
3*481g.
Following are the bids
Farson, Leach & Co.. Chic... 136,586 60 Lamprecht Bros. Co., Cleve.. $35,812 00
W. .I.Hayes A Sons, Cleve.... 36.478 00 8. A. Kean. Chlcaao
35 402 50
N. W. Harris
Co, Chlcaao.. 36,109 50 K. L. Wasner & Co., Chicago. 85.301 00
Oenison. Prior 4 Co., Cleve. 36,880 00
Halifax County, N.
Bond Sale.— It is stated that Rudolph Kleybolte & Co., Cincinnati, were awarded on August
3 the $8,000 bonds at 107 for 5 per cents. For description of
—
:
I
De Soto (Kan.) School District.— Bonds Voted.— This
trict,
new
by a vote of 115 to
school house.
13,
dis-
recently authorized bonds for a
—
|
<fc
1
.
C—
I
Dover, N. J.— Bonds Authorized. The Common Council
has authorized the issuance of $60,000 4% 5-30-year (optional)
water- works bonds. These bonds will probably be offered bonds see Chronicle Aug. 3, p. 252.
for sale in about six weeks or two months. We are advised
Harrisonburg, Va.—Bond Election. An election will be
that it is thought that within the next year an additional held September 17 to vote on the question of issuing $30,000
amount will be voted by the people, so that the total issue of electric- light-plant bonds.
water bonds will be brought up to about $130,000.
Harriston, Ont.— Debenture Offering.—Proposals will be
Duval County, Fla.— Bonds Voted.— This county has received until September 5 by W. D. Ebbels, Town Treasvoted to issue $100,000 15-30-year [(optional) building bonds. urer, for $3,748 72 4% debentures, maturing part yearly on
Ecorse Township, Wayne Connty, Mich.— Bonds Defeated. July 2 for twenty years.
—The proposition to issue $10,000 bridge bonds was defeated
Hartington, Neb.— Bonds Voted.—This place has voted to
at the election held Aug. 14, 1901.
issue $5,000 coal-gas- illuminating bonds.
Elmira, N. Y.— Bond Sale.— On August 19 the $25,000 %¥ t
Hazelhnrst, Miss.— Bonds to be Issued.— The Board of
2
25- year registered school bonds were awarded to Thompson,
Mayor and Aldermen has passed an order giving notice to
Tenney & Crawford, New York, at 104-079—an interest basis taxpayers of the intention to issue $35,000 water-works and
of about 3 26£. Following are the bids
electric-light-plant bonds.
Hendricks, Lincoln County, Minn.— Bond Sale.— On Aug.
Thompson, Tenney & Crawford,
103-14
M. A. Stein, New York
New York
104079 O'Connor* Kahler, New York. 103-033 17 the $9,500 5% 20-year water bonds were awarded at 100-537.
Farson, Leach & Co., New York. 103 -75
102-75
Denison, Prior & Co.. Cleve.
For description of bonds see Chronicle Aug. 3, p. 253.
103-67
Jno. D. Kventt A Co.. N. Y
11. KleybolteA Co.. Cincinnati.. 10269
N. W.Harris A Co., N. Y
10W33
102-29
Geo. M.Hahn. New York
Jackson County, 111. Bond Election.— An election will be
103-28
W.J. Hayes* Sons, Cleve
W. It. Todd & Co., Cincinnati... .10204
held in this county to vote on the question of issuing $66,000
For description of bonds see Chronicle Aug. 17, p. 356.
bonds to pay off existing indebtedness.
Erie, Pa.—Bond Offering.—Proposals will be received until
Jamestown, N. Dak.— Bond Sale.— On August 5 the $4,000
7:30 p. M., September 9, for $70,000 4% paving bonds.
4%% refunding bonds were awarded to MacDonald, McCoy &
Findlay, Ohio. -Bond Offering.— Proposals will be received Co., Chicago, at 101-35.
until 12 m., September 5, by Frank C. Ray, City Clerk, for
Jefferson County, Ohio.— Bond Sale.— On August 17 $3,000
$7,000 4% street-improvement bonds. Securities are author- 5% 1-6-year (serial) Sprirjgfield Township school-building
ized by Section 2705, Revised Statutes of Ohio. They are in bonds were awarded to W. C. Bracken of Steubenville at
denomination of $500, dated July 1, 1901. Interest will be 102*50. Following are the bids
payable semi-annually at the Fourth National Bank of New W. O. Bracken, Steubenville.. $3,076 CO National
Kxeuange Bank,
First Nat. Bank. llHrnesville,.
Sieubenville
York City. Principal will mature $500 on April 1 and Octo- 8ea*ongood& Mayer, Clncin.. 3,(02'si l.amorecht Bros. Co.. Cleve. t-V'5- J5
S.ctil
ber 1 each year from 1902 to 1905, inclusive, and $500 on
Johnstown, Pa.— Bond <s'a/e.— Following are the bids reOctober 1 yearly from 1906 to 1911, inclusive. Accrued in- ceived August 20 for the $100,000 ZYi% 20-30-year (optional)
terest must be paid by purchasers.
Either cash or a certi- refunding bonds
—
:
:
i
|
THE CHRONICLE.
108
— Ami
Lainproclit I'.rm. Co. ciuve
•
ooraea*
M01-00I N. W.HarTll A Co.. g. V...
Uobnitovn Sarlngi Bmnk..
.
100-07
.•10000
Inl crosi.
For description of bonds Hee CHBONICLE Aug. 17, p. 357.
La Crosse, Wl».— Bond* Proposed.— The issuance of $15,000
street-improvement bonds
iw
being considered.
Lancaster (N. Y.) Union Free School Dlntrict No. 8.Bond OfTerinq —Proposals will be received until 8 P. M., Aug.
30, by Peter P. Adolf, Clerk of the Board of Education, for
$40,000 Zy% school house bonds. Securities were authorized
at the election h Id Aug. 7,1901. They are in denominaInterest will be payable
tion of $1,000, dated Oct. 1,1901.
semi-annually at either Buffalo or New York City, as the
purchaser may elect. Principal will mature $2,000 yearly on
Oct. 1 from 1902 to 1921, inclusive. An unconditional certified check for 2 /,i of the amount of the bonds bid for, payable to John G. Miller, President of the Board of Education,
must accompany proposals. Check must be drawn on some
incorporated bank or trust company. Blank proposals will
be furnished by the above-named Clerk upon application.
The district has no bonded debt at present. The assessed
valuation is $1,329,597. The population is 3,9">0.
These are the bonds awarded on May 29 to Rudolph Kleybolte
Co., New York, but the sale was never consummated.
Laurel, Cedar County, Neb.— Bond Offering.— Proposals
will be received until 8 p. m , September 9, by M. H. D:>dge,
Village Clerk, for $6,400 5% water bonds. Securities are in
denomination of $400, dated Aug. 15, 1901. and mature Aug.
Interest will be
15, 1921, subject to call after Aug. 15, 1906.
payable annually in New York City. A certified check for
l
&
must accompany proposals.
Lebanon, Pa.— Bonds Not Yet Offered for Sale.— Some of
the papers have it that proposals will be received by this city
until September 2 for §124,000 refunding water and $93,000
water bonds. In reply to our inquiries, we are informed by
Geo. B. Marquart, City Treasurer, that while the city is contemplating the issuance of water bonds and the refunding of
those maturing next April, the matter is still in its incipieDcy
and nothing of a definite character has yet been done.
Leonard (Texas) Independent School District.— Bond
Offering. Proposals will be received until 12 M., September
15 (this date falls on Sunday, but is so given in the advertisement), by the Board of Trustees, for $6,000 4% 5-20-year (opIntional) bonds. Securities are in denomination of $500.
§1,000
—
terest will be payable annually.
A certified check for
5% of
amount bid must accompany proposals.
Lewis and Clarke County, Mont.— Bond Sale.— On August
the
13 $20,000
awarded to
4Ui 10-20-year (optional) refunding bonds were
Duke M. Farson, Chicago, at 102, accrued inter-
[Vol. LXXIII.
Interest will be payable
all dated Sept. 1, 1901.
annually on September 1. Principal will mature $V00 yearly
on September 1 from 1902 to 1907. inclusive, and $1,200 on
Sept. 1,1908.
In Section 1479, Revised Statutes of Ohio,
will bfl found thn authority for the issuance of these bonds.
Minneapolis, Minn.— Bond Election.— On November San
election will be IjhM to vote on Ui<- question of issuing $300,00') 9%% electric-light-plant bonds.
If authorized, securities
will be dated Jan. 1, 1903, and will mature Jan. 1, 1988.
Monroe Connty, Fla.— Bonds Defeated.— AX the election
held August 6 the question of issuing bonds for various pur$1,200,
poses failed to carry.
Monroe School District No. 70, Platte Connty, Neb.—
Bond Offering. — This district will sell at 8 P. K. September 1
date falls on Sunday, but we give it as given by C. W.
Hollingshead, Secretary of the School Board,) by sealed bids,
an issue of $2,150 5£ 10-year school bonds. Iaterest on these
bonds will be payable semi annually. The total bonded debt,
including the above issue, will be $2,650. The assessed valuation is $53,000 and the real value about $318,000. The district, it is stated, has never defaulted in payment of principal
(this
or interest.
Montgomery, Ala.— Bonds Not Yet Awarded.— We are advised tbat two bids were received on August 6 for the $75,000
4% 40-year bonds, and that these bids were referred to the
Committee on Finance of the City Council, which body has
not as yet made any report.
Mount Yernon, N. Y.— Bond Offering.— Proposals will be
received until
August 26, by the Common Council,
for $70,000 '6%% tax-relief bonds.
Securities are in denomination of $1,000, dated Aug. 1, 1901. Interest will be payable semi-annually at the office of the City Treasurer. Principal will mature Aug. 1, 1904.
certified check for $1,000
will be required with bids.
Mount Vernon, Ohio.— Bond Offering.— Proposals will be
received until 2 p. M., September 2, by W. A. Hosack, City
Clerk, for $3,300 5% sewer bonds. Fifteen bonds are in denomination of $115 and fifteen of $105, all dated Sept. 1, 1901.
Interest will be payable annually. Principal will mature
$220 yearly on September 1 from 1902 to 1916, inclusive. Accrued interest is to be paid by the purcnaser of the bonds.
Nashville, Tenn. Bond Offering. Proposals will be received until 4 p. m., September 3, by J. P. Byrne, City
Recorder, for $100,000 4% trunk sewer and $100,000 4i
street- improvement bonds.
S.-curities are in denomination
of $1,000, dated July 1, 1901. Interest will be payable semiannually in either New York City or in Nashville. Principal will mature July 1, 1926.
8pm,
A
—
Newark, Ohio.— Bond Sale.— The highest bid received
August 15 for $25,000 4% refunding bonds was that of Deniand blank bonds free of charge.
Lindale (Texas) School District.— Bonds Registered.— son, Prior & Co., Cleveland, at 102-27. Following are the
This district has had registered at the office of the State bids
Denison. Prior & Co., Cleve.. $25,567 B0 NewlstNat.Bank.Colnmbus.t25.S85 00
Comptroller an issue of $1,000 school-building bonds,
Lamprecht Bros. Co.. Cleve,. 25,446 09 W. R. Todd * Co.. Cincinnati. 26,360 00
Seasoneood & Mayer, Cin
25,416
P. S. Brigrgs &
25.148 60
London, Ohio. Bonds Not Sold. We are advised that the People's Nat. B'k, Newark... 25,410 50 Security Sav. Co.. Cincln
00
Bank, Athens. 25,126 00
$7,000 5% bonds offered for sale on August 9 were awarded
Securities are in denomination of $1,000. Interest will be
at that time to Feder, Holzman & Co., Cincinnati, at 106"57,
payable semi-annually. Principal will mature as follows
but that, owing to there having been a mistake in the ad$4,000 in two years, $4,000 in three years, $3,000 in six years,
vertisement, the sale was not consummated. The bonds will
est
I
—
|
|
|
:
$3,000 in seven years, $4,000 in eight years, |4,000 in nine
be re-advertised.
years and $3,000 in ten years.
Los Angeles, Cal. Bond Election. An election will be
Newbern, N.
Bond Election. An election will be held
held August 28 to vote on the question of issuing $2,000,000
September 17 to vote on the question of issuing $15,000 elecof water bonds. See Chronicle July 6, 1901.
Lumpkin, Ga.— Bonds Voted. This place has voted to issue tric light-plant bonds.
Newport News, Va.— Bonds Voted.— At the election held
$10,000 water-works bonds.
August 15 the propositions to issue $100,000 paving and $25,Lycoming County (P.O. Williamsport), Pa.—Bonds All
000 court-house redemption bonds both carried.
Subscribed For.— We are advised that the $130,500 3% refundNorman County School District No. 66 (P. 0. Borup),
ing bonds of this county have all been subscribed for by local
Minn. Bond Offering. Proposals will be received until 7
residents. The subscriptions received aggregated $235,800,
p. M., September 2 (date changed from July 27), by A. T.
of which $120,900 were by holders of the old bonds, who were
given the preference. Non holders subscribing offered to Lee, District Clerk, for $2,400 5% school-house bonds. Four
bonds are in denomination of $500 and one of $400, all dated
take $114,900 of the bonds. See Chronicle Aug. 3, p, 252.
McClure, Ohio.— Bond Offering.— Proposals will be re- Sept. 1, 1901. Interest will be payable annually, and the
principal will mature Sept. 1, 1916.
ceived until 12 M September 16, by Samuel J. Armbruster,
North Plainfleld, N. J.— B<md Sale.—On August 12 an
Village Clerk, for $3,000 5% 2-11-year (serial) street-improveissue of $9,000 4% refunding street bonds was awarded to
ment bonds. Securities are in denomination of $300, dated
Edwin S. Hooley at 101. Securities are in denomination of
Sept. 1, 1901. Interest will be payable semi-annually. Blank
Principal will mature $1,000 yearly on February 15
$1,000.
bonds are to be furnished by purchaser. Each proposal must
be accompanied by a draft in the sum of $200 on a New York from 1903 to 1911, inclusive.
Olinda School District, .Shasta County, Cal.— Bonds
bank, accepted by the Durbin Deposit Co. in McClure and
payable to the Village Treasurer. All bids must be uncon- Pored.—This district has voted to issue $2,000 school bonds.
Omaha, Neb —Bond Sale.— We are advised by wire that
ditional.
Madison School District, Madison County, N. Y.—Bond on August 22 the $100,000 4% 20-year refunding sewer bonds
awarded to Mason, Lewis & Co., Chicago, at a "preOffering.—Proposals will be received until 2 p. m., August 27, were
by Louis Fuess, President of the School Board, for $4,500 4% mium of fifty sixty-five." For description of bonds see
bonds. Securities are in denomination of $100. Interest Chronicle Aug. 10, p. 306.
Oneonta, N. Y.—Bond Sale.—On August 19 the $37,500
will be payable semiannually at the National Hamilton
Bank, Hamilton, N. Y. Principal will mature $500 yearly pavement and curb bonds were awarded to N. W. Harris &
on December 1 from 1902 to 1910, inclusive. A certified Co., New York, at 101*31- for Z% per cents— a basis of about
check for 5% of the par value of the bonds must accompany 3-40£. Following are the bids, all of which are tor Z%%
bonds
proposals.
N. W. Harris & Co., New York.. 10P31
R. Kleybolte & Co., New York.. 100-89
Manchester, N. H.— Loan Authorized.—The Mayor, it is Farson, Leaeh&Co., New York.101'09 M. A. Stein, New York
lOO'OO
stated, has been authorized by the City Council to borrow
For description of bonds see Chronicle Aug. 10, p. 306.
$15,709 17 for bridge, school and highway purposes.
Oneonta (N. Y.) School District No. 11.—Bond Offering.
Maryville, Mo.— Bond Sale.—On August 17 the $15,000 4%
This district will sell at public auction at 2 p. m., August
street-improvement bonds were awarded to the First Na- 26, an issue of $1,700 5s; coupon bonds. Securities will mational Bank of Maryville at 100-533. For description of bonds ture $500 Dec. 1, 1902, $500 Dec. 1, 1903, and $700 Dec. 1,
see Chronicle Aug. 17, p. 357.
1904. E. P. Saxton is District Clerk.
Mesopotamia Township, Trumbull County, Ohio.— Bond
Orange, N. 3.— Bond Sale.— O a August 19 the $90,000 4%
Offering. Proposals will be received until 1 p.m., August 23-28-year (serial) water bonds were awarded to Dick Bros.
31, by the Township Trustees, for $6,000 building bonds.
& Co., Philadelphia, at 109-825 an interest basis of about
Six bonds are in denomination of $900 and one bond for 3 42#. Following are the bids
—
—
C—
—
—
,
I
|
—
—
—
f
:
AUGUST
THE CHRONICLE.
24, 1«J01.]
Thompson, Tenuuy & Cruwloi d,
107-177
New York
Nen Vork 1< S76
N. w York...
V.nk..i07-noi M. A m.I). Brerltt A Co„ New
-i,, ; ,inl A Co., NoH YorK.
1/
N. W. llama A to.. Now York..l07t)5
Dick Bros. &
W.
It.
Todd
Raltlgb, N. ('. --Bonds Deflated. —The proposition to
00 stieet-impruveuH-ut bonds was defeated on August
19, as the question did not receive a majority of thi
d voters, as requited by law.
Randolph County, iia.— Bonus Dtf,altd.—We -stated in
lie Chronicle August :5 that the election held July o0 rbWe an- now
in favor of tuning * Hi, 000 jail bonds.
advised that while it was at first thought that the bond <iaesion had carried, full returns show that the proposition did
not receive a sufficient vote uuder the law to author!/
Randolph County, W. Va.— Bond Election.— An election
will te held in October to vote on the question of issuing
$75, 000 court-house bond.-'.
Renville Connty, Miu».— Bond Sale.— On August 15 the
.000 court-house bonds were awarded to the State of
Minnesota at par. The other bids received were aB follows
Co.. I'hllidt'lpliiu.lOi'MiL.
&('o..
.
.
ii.
.1.
.
.(
.
'
1
I
For description of bonds Bee Ciikumclu Aug. 3, |>. 958.
Oraugetiiorpe School District, Orauge County, Cal.Bonds Voted. This district has voted to iaaue $1,200 bun
I'liilatlelpbia, Ph.- Bond Sale.— On August 18 the $9,000,l
000 3 /2% w»ter bonds were awarded to a syndicate compi
of Drexel & Co., Brown Bros. & Co., of Philadelphia, arid
Harvey Fiek & Sous, of New York, at 100*25 and accrued interest—a basis of about 3-487£. Following are the bids
—
i
Northern Shv. I"d (for*loo,oOO).104-77
John P. Onderdonk.) tor $10.0> 0.103 00
lor I0,00n.lo400
Point I'leasant
.
Clias. B. Weiss (l'or$\000)
(ieo. NicholM (for &.0.000)
Mrs. John c. M'nire dor 11,8001
i
.
.
Co. (for «>0.00o)
I
Chandler BrOB.A Co. (ior»l.i-00>.108\S« Mrs.
Chaa. w. Ptnniiuier ifor ft».ooo).ioroo
i0i-oo
mi. Morla Lodge ifor *5,ooo)
Fderabanta' & Salesmen's Asso-
IMIi
Douk (for 10.000) ... loo-oo
Uoruian American Tlllo & Trust
S.
100-00
Kmo
.le.-ae
Righter ifor $1.000)... lno-oo
Hendricks (for f 14,000)... 10000
-Iimw (iortl.hoO)
:
tUO'OO
Bat Win. Tamer Ifor $80,000)... 100 oo
Unubol BrOB. (*10'.O00 8-468)
10000
For description of bonds see Chronicle July 20, p. 151.
Pierce, Neb.— Bonds Voted.— This place on August 20
authorized the issuance of $10,000 water-works bonds by a
vote of 105 to 52.
Pipestone, Minu.— Bond Election. An election will be
held September 3 to vote on the question of istuing $21,000
4.%i sewer bonds.
Plttson, Pa.— Bonds Proposed.— The issuance of $17,030 4%
refunding bonds is being considered in the City Councils.
Plymouth (Richland and Huron ( ouuties), Ohio.— Bonds
Voted.
At the election held August 14 the question of issuing $20,000 5% water bonds carried by a vote of 242 to 49.
Securities will be iesaed in denomination of $1,000. Interest
will be payable semi-annually, and the principal will mature
$1,000 yearly on June 1 from 1910 to 1929, inciueiTe.
Portage, Wis.— Bonds Voted. —This city on July 31 author
ized the issnance of $42,500 water-works bonds by a vote of
508 to 232. Full details of this issue have not yet been determined.
Providence, R. I.— Notes to be Taken by Sinking Fund.
are advised that the $100,000 sewer- improvement and
the $100,000 f chool notes mentioned in the Chronicle Aug. 3
will be issued only as needed, and will be taken care ot by
the Commissioners of the Sinking Funds.
—
—
—
We
IN VESTMENTS.
$25,000 COUNTY OF OURAY, COLORADO H FUNDING BONDS.
Principal Payable May 1st, 1920.
Interest Payable Serol-Aniiually on May I St Nov. 1.
Redeemable, at the option of the County, May 1, 1011.
Interest Parable at Chemical \ m. Ilk., N. V.
Coupon Bauds, Denomination, 81,000
'
Bonded Debt of County
$328,000
72,000
bonds outstanding
Total outstanding
Less cash in Treasury
$400,t00
5o,0u0
Net Debt.
No
.
Wellcome, Miuneap
lis. 60,100 00
tur ts Banai.
-.
62,1230 0')
I. ] lares & Sons, Cleve...
61,875 00
-plueri Co., Toledo
uenlson. Prior A Co.. Cleve.. M. two no
51,3ol 00
II. Coffin. Chicago
II.
i
For description of bonds see Chronicle July 20, p. 151.
Richland County (P. O. Mansfield), Ohio.— Bond Sale.
On August 17 the $50,000 5* court-house repair bonds were
—
awarded
to J. F.
Wild
$360,000
Floating Debt.
N.
W. Harris* Co... Chicago
and accrued interest, yielding on
in <
A"A p.c. The bonds are ottered
subject to sale aad change In price. Delivery free
at any bank. Orders may be wired at our expense.
1
SHEPARD &
E. D.
31 NasBiiu
St.,
New
I
p. 358.
York.
.$51,431
We
s
N.
INVESTMENTS.
W. HARRIS & CO.,
WE OFFER
$125. IIOO Marion County, Ind., 3Hs.
$22,000 Decatur County, lnd.. 4^8.
$12,000 Scoti County, Ind., 4J*8.
$2S,000 Union Traction Co. of Ind. 5s.
BANK K
NASSAU
31
CHICAGO.
It
8,
NEW YORK.
ST.,
BOSTON.
Deal exclusively In Municipal,
$12,000 War en Water Co. tis.
Railroad and other bonds adapted
Belt Kit. Cam. and Pref. Stock.
K1111I1 Fertilizer Co. Pref. Stock.
for trust funds and savings.
Indianapolis Fire Ins. Co. Stock, Price 145.
Ind. Title <>uar.& Loan Co. Stock, "
94. ISSUE TRAVELERS' LETTERS OF CREDIT
••
Columbia National Hank Stock,
108. A VAILABLE IN ALL PARTS OF THE WORLD.
H. P. Wasson & Co. Pref. Stock,
" 103. Quotations furnished for purchase, sale or exchange.
JT.
F.
WILD &
Successors to
CO., AUGUST INVESTMENTS.
Campbell, Wild
Co.,
<fc
INDIANAPOLIS. IND.
SEND FOR LIST
August Investments.
MUNICIPAL, RAILROAD AND CORPORATION
BONDS.
FARSON, LEACH &
CO.,
Butler County, Ohio, 4s,
Columbus, Ohio, 4s,
Cleveland, Ohio, 4^s,
Gallia County, Ohio, 5s,
Indianapolis, Ind., 3^8,
Nau^atuck, Conn., 4s,
New Britain, Conn., 3^s,
State ul Mont., (Normal School)
Rudolph Kleybolte
I
Co.
NASSAU ST..NEW YORK CITY.
NEW YOUK.
CHICAGO.
&
5s.
MUNICIPAL
AND
Tel. 5738 Cort.
&
Burr,
INVESTMENT BONDS,
Blodget, Merritt
&
Public
16
Service
Co.,
BANKERS,
Congress Street, Boston.
15 Wall Street,
60 State Street,
E. H.
BOSTON.
We U«u
MUNICIPAL
MUNICIPAL BONDS.
STANWOOD &
Co..
BANKERS,
Devonshire Street,
BOSTON.
San Francisco.
Denver.
BOSTON.
and
CORPORATION
Netting from
Z%
BONDS
to 6% always on hand.
DUKE M. FARSON &CO.
115 Dearborn
St.,
CHICAGO.
Send for our Investment Circulars.
OorDoration
BONDS.
ROLLINS & SONS
New Vork.
STATE, CITY & RAILROAD BONDS.
121
Barnes vllle_.
are advised
Rochester, N. Y. Description of Bonds.—
that the $150,000 high-school bonds mentioned in the Chronicle July 6 will carry 3^55 interest, payable in gold on Jan. 1
and July 1 at the office of the Union Trust Co., New York
City. Principal will mature in ten years, subject to call
after five years. The date for the sale of these bonds has
not yet been fixed.
CO., Bankers,
Perry, Coffin
E. C.
First Nat. Rank.
I
J—
$1,600,1 00.
Ouray Countv'a main source of wealth is its gold
mines, valued at over $10,uh v ,i.o. The Revenue and
Camp Bird Mines, which have been In operation a
number of years, are in the county, and it is estimated that these two mines alone ship out of the
County in gold bullion over $5,0t duilv.
The City of Ouruy, the County Seat, is the distributing point for a large section of country, and the supplying of ttie mines and cattle ranches makes it a
center of considerable Importance.
The uudemigned oiler ihe above bonds nt
11
£/2.585
For description of bonds see Chronicle July 27. p. 203.
Bond Sale.—M. A. Stein, New
Ridgefleld Park, N.
York City, was the successful bidder on Aug. 19 for the
$45,000 1-20- year (serial) eewer bonds, paying therefor
§46.250. For description of bonds see Chronicle, Aug. 17,
mines. The County officials advise u» that, under
this law, the increase in the assessed valuation will
p. c.
Fol-
105 83.
Price and particulars upon application.
of Railroad property.
For the redemption of these bonds an annual tax
must be levied after the ninth year that will produce yearly l\j% of the wuole amount of bonds refunded, which special fund must be set aside and
used for no 01 her purpose.
The Colorado legislature. Session 1901, passed a
Law, which becomes operative this year, providing
a new method of assessing and taxing the output of
the in»f»i
Co., Indianapolis, at
:
BONDS:
Chartse. $1^,160
Assessed valuation, $2,000,000, exclusive
»»
&
lowing are the bids
J. K. Wild & Co., Indianapolis.. I5?>15
INVE^TjyilBNTS.
Annual Interest
beabour.
W
Harris & Co.. Chlcaufi. G O.boO OO
Thonapaon, Tenney & Craw5O.3H0O0
ford Co.. Chicago
60.126 0O
3, A. Keun, Chicago
N.
1
4% bonds outstanding
7JS
horit RnntU (C<mt.)
Uaaon, Lewis * Co„ Chla
I&1.126 oo
Lumprechi Bros. Co.. cleve.. 61. 107 60
For 3MX lintuU.
Parson. Leach 4 Co.. Chlo.. .$60.050 00
100-60
ciation (for $10,000)
'
•
:
l
Drezel A Co., riilludolnbiu
> n0-26
Brown Bros, .v Co., PhUa
Harvey Fisk &8ons.New York.)
-JM<)
and Ofler
$60,000
CITY OF HARTFORD, CONN.,
30-YEAR SCHOOL DIST.
3J*s.
Price upon uppllcudon.
Trowbridge
1st
&
Niver
CHICAGO,
National Bunk B'ld'g.
Co.,
THE CHRONICLE.
410
—
Salem, Ohio.— Bonis Defeated.—At the election held Ang.
17 the question of issuing fiO.OOO city-ball bonds failed to
carry.
Siilem, Ore.— Bond Offering.—Books will be opened on
September 1 i'm popular subscriptions to $30,000 4% 15-year
refunding bridge bonds. The bonds will be subject to payment at any time and will be issued in amounts to suit small
investors, who will be given the preference.
Salem (W. Va.) School District.— Bonds Voted.— This
trict
Sonth Portland, Hie.— Bonds Proposed. The issuance of
sewer bonds is being considered.
Sprlngdale TownRhip School District, Allegheny Coun-
$2(1,000
ty, Pa.— Bonds to be Issued.— This district proposes to issue
$15,000 school house bonds.
Springfield, Mass.— Bonds Antlvorized.— The Mayor has
signed ordinances providing for the issuance of $25,000 bonds
for Armory Street engina house, $15,000 bonds for Brightwood hose house and $25,000 bonds for Bewers.
Springfield, Ohio.— Bond Sale.— On Aug. 20 the $10,000 50
coupon water bonds were awarded to Denison, Prior & Co.,
Cleveland, at 119— an interest basis of about 3'54^g. Bonds
manure March 1, 1919. For further description of bonds see
dis-
has voted to issue $10,000 bonds for a brick school build-
ing.
Sard is. Miss.— Bonds Voted.—This city on Aug. 19 voted
to issue $15,000 water works bonds.
Smigertles, Ulster County, N. Y.— Bond Offering.—This
village will Fell at public auction at 2 P. K., Sept. 3, $28,000
1-28-year (serial) water bonds. Securities are in denomination of $1,000, dated Sept. 3, 1901. Interest at a rate not exceeding 3%* will be payable semi-annually. F. L. Osterhoudt is Village Clerk.
Schenectady, N. Y.— Bond Sale.— On August 20 the $15,000
Kahler,
4% 20-year water bonds were awarded to O'Connor
New York, at 110-109— an interest basis of about 3-30*. Following are the bids
Chronicle Aug. 3, p. 254.
Sugar City, Otero County, Colo.— Bond Offering.—This
town will receive bids until about September 1 for $20,000 5%
10 15-year (optional) water- works bonds.
Interest will be
payable February 1 and August 1 at the Chemical National
Bank,
(S. Dak.) School District.— Bond Sale.—This dishas sold an issue of $2,390 6g bonds to Kane & Co.. Minneapolis, at 103 34. Securities are dated Aug. 10, 1901, and
mature July 1, 1911. Interest will be payable semi-annually.
The proceeds of the sale of these bonds will be used to construct a new school- house.
Sussex County, Va.— Bond Sale.— This county has sold an
issue of $30,000 4% 25 year refunding bonds at a price said to
be above par.
Tiffin, Ohio.— Bids Rejected.— All bids received August 15
for the $73,000 4% refunding bonds were rejected, the highest
bid being an offer of $2,263 premium made by the State Savings Bank of Toledo. This bid, however, it is stated, was
irregular. The bonds were again advertised to be sold at
public auction at 11 a. m yesterday (August 23), but at the
hour of going to press the result was not known.
Topeka, Kan.— Bonds Authorized.— The City Council has
authorized the issuance of $85,751 63 5£ general improvement bonds. Seventy-nine bonds are in denomination of
$1,000, ten of $600 and one of $751 63, all dated July 1, 1901.
Interest will be payable semi-annually and the principal will
mature $8,351 63 on July 1, 1902, and $8,600 yearly on July 1
trict
:
New
York. 110-109
W. J. Hayes & Song. Cleveland. lOWOtt
Blodget, Merrltt&CO., Boston. 1O0-B1
109-72
M. A. Stein, New York
|
I
|
109-85
Dcnison. Prior & Co.. Cleve
Karson. Leach * Co.. New York.K'fl-47
W. H.Todd A Co.. New York.... 107-15
101-30
Schenectady Saving* Bank
For description of bonds see Chronicle Aug. 10, p. 307.
Shepherdstown, W. Ta.— Bond Offering.— Proposals will
be received until 6 P. M Sept. 16, by R. Gr. Miller, Mayor,
,
for $4,CO0 4i 10 30 year (optional) electric-light bonds. Securities are in denomination of $100. The present indebtedness of the town is $5,500 and the assessed valuation over
$300,000.
Sheraden, Allegheny County, Pa.—Bond Election.—Nobeen given that on August 27 an election will be
held in this borough to vote on the question of issuing $35,000 funding, $40,000 street-improvement and $10,000 building
bonds. The debt of the borough at present is $49,000 and
the assessed valuation $2,373,625.
Somerville, Mass.— Temporary Loan.—This city has borrowed temporarily the sum of $300,000 from Edeerly &
Crocker of Boston.
tice has
WE
T. B. POTTER,
MUNICIPAL and onKinc
BUNUb,
172 Washington Street,
CHICAGO,
ILLS.
•
-
-
from 1903 to
1911, inclusive.
INVESTMENTS.
INVESTMENTS.
CORPORATION
New York City.
Summit
&
O'Connor 4 Knhler,
[Vol. LXXIll.
INVESTMENTS.
OFFER,
DENISON, PRIOR & CO.
SUBJECT TO PRIOR SALE
CHOICE OKLAHOMA
High
FIRST MORTGAGES
on Improved farms, worth from 2*3 to 5 times
the amount loaned thereon,
[
&
Co.,
Netting the investor
W.
Cor.
Monroe & La
Salle Sts., Chicago, 111.
6
Each of the securities has heen personally ex
amlned by one of our salaried examiners.
CORPORATION
BONDS
TO NET FROM VA% TO
6*.
CORRESPONDENCE SOLICITED.
C. H.
WHITE &
CO.,
Winne
Building,
New York.
•
ANOZO-AMEBIOAN BANK,
Ltd.,
FOR
ASSETS
SAYINGS BANKS and TRUST FUNDS
REALIZATION
CO.,
Ashland Block, Chicago,
fHonarinock Building,
MUNICIPAL
RAILROAD
CORPORATION
-
1
where in the United
States.
Choice Issues.
Street Railway and Gas Companies.
Warren, Andrews&
RAILROAD
}
MUNICIPAL 5
ATTRACTIVE BONDS
Yielding from 3 to 6% net.
VERMONT BONDS A SPECIALTY.
HARRY B. POWELL & CO.,
Woodstock, Vermont.
of
We have a new File Cover for holding the Chronicle Supplements. It Is a string tile similar to
the one used for tiling the Chronicle, but adapted
B A ii n e
BONDS.
Commerce,
DETROIT.
File Cover.
Co.,
especially for trie Supplements.
Price, 50 cents, or 68 cents sent by mall.
Bonds Netting h% a Specialty.
I'hnmber
NASSAU STREET.
FOURTH ST.
118 SO.
.
Supplement
St.
BONDS.
LIST ON APPLICATION.
NEW YORK.
St., Philadelphia,
BOSTON,
00 Devonshire
BONDS A SPECIALTY.
EDW. C. JONES A CO.,
5*
PHILA..
BANKERS,
CHICAGO,
CHICAGO.
Investment Securities
In process of liquidation, any-
MASON, LEWIS & CO.
FULTON & CO.,
la salle street,
this paver.
Will buy the assets of estates
CJiaring Cross, London.
R.
Wichita, Kansas.
Mention
142 So. Fourth
AGENTS FOR THE
F.
171
BANKERS,
71 Broadway,
Exchange Place, Boston.
§
Municipal Bonds,
WINNE & WINNE,
and
LISTS.
per cent interest.
Write for our latest offering.
MUNICIPAL
RAILROAD
Bonds.
131 Euclid Avenue, Cleveland.
INCORPORATED. ]
COMMERCIAL PAPER,
8.
Grade
SEND FOR
LIST ON APPLICATION.
A. G. Becker
DEALERS IN
15 Wall
St.,
NEW YORK.
WILLIAM
76)4
B.
DANA COMPANY,
PINE STREET.
NEW YORK.
August
24,
THK
l'JUl.J
HRONICLK.
(
Trenton, N. J.-Bond Sale.-On August 16 $30,000 3>
year park IjoecIb were awarded to Estabrook & Co., New
York, at 101-31— an interest basis of about 8*2180. Following
are the bids
brook
uo O Bverltt
\V ilurne*
:
ft Co..
J
N
Maw
Tort
N. V
ioi-:
i
lub-7M>
A Co..
lOH'BS
Co.. ( IncaLio
A Co.. Boston. 10ai7
Biodget, Merrltt
i
I
I
m. a. Stain,
New York,
.
I
Tuscaloosa, Ala.— Bond issue.— The city has effected an
5<8 25-year bonds for an itsue of old 6 per
exchange of $20,010
cents aggregating a
like
amount.
Union County (P. 0. Marysvllle), Ohio.— Bond Sale.- On
Aug. 20 this county sold an issue of $3,000 6£ Bowen Free
Turnpike bonds to the First National Bank of Barnesville, at
Following are the bids:
104 633.
-i
HUMES Rlchwood Deposit Hank
Nat. Hank. Ilarnesvtllo
101*20
I
Hank of Rich wood
10a-00
I
Lamprecht Bros.
Co.,
1907, inclusive.
Offering.— Proposals will
1902, to Sept.
Bond
lOUGtSo
election held August 6 r» suited against the iuaubonds for school purpon
Warwick, N. Y.— Bonds Defeated.— The election held
ust 12 to vote on the question of Usuing $10,000 road-imrovement bonds resulted in 68 votes being oast fur tut ootids
and 71 against.
We at her ford, Okla.— Bond Sale.— Thin city has sold to
Heeks Brick, President of the First National Bank of Weathi-iford, an issue of $15,000 Q% 20- year bonds for a caub premium of $510 and real ebtate valued at $5&0. This i- al
rate of 107 for the bond?, or an interest basis of about 5 428£,
Following are the bids received :
MaoDonald.MoCovA Co !hl.|M.M0 00
Keeks Brick. Weatherford...flrt,060
1&.D76 0| R. J. Kd wards. Qfcla. City.... 16.101 O'J
James (.anil, St. Louis
-The
i
<
.
|
'
Webb County, Texas.— Bonds Authorized.— The CommiKCourt on August 13 authorized the issuance cf $25,000
bonds.
Westerville, Ohio.— Bonds Voted.— This place, at a special
election held on August 19, voted to issue §30,000 fctreet, $25,000 water and $20,000 sewer bonds.
Weyauwega (Wis.) Joint School District No. 1.— Bond
Offering.— Proposals will be received until 8 P. M., Oct. 1, by
bonds.
W. H. Weed, Clerk of the School Board, for $20,000
Securities are issued under the authority of Section 475, Laws
of 1898, and were authorized by a vote of 40 to 2 at the annual school meeting held July 1, 1901. They are in denomination of $500, dated Feb. 1, 1902. Interest will be payable
annually on February 1. Principal will mature on Feb$500 in the years 1903, 1904 and 1905,
ruary 1 as follows
$1,000 yearly from 1906 to 1911, inclusive, and $12,500 on
Feb. 1, 1912. The district has never before issued any bonds.
The assessed valuation for 1901 is $505,000.
sioners'
jail
1,
be received until 12
m.,
by Edward M. Fullington, County Auditor, for
$10,000 5g bridge bonds. Securities are issued under the
authority of Section 871. Revised Statutes of Ohio. They
are in denomination of $500, dated Sept. 1, 1901. Interest
will be payable semi-annually and the principal will mature
one bond each six months from March 1, 1902, to Sept. 1,
Aug.
I
(
Clove
Securities are in denomination of |250, dated Sept. 1, 1001.
Principal will mature one bond each six months from March
1,
JlCLE J u.
water 'i%% debentures mentioned in the
will be taken care of by the city h nkiiig fond,
Vienna Township, Trumbull County, Ohio. Bondt
o of $3,000
I
11. To. Id A Co.. New York. ..H
Parson, Leach ACo., New York.l'
W.
Ill
31,
Bidders must satisfy themselves as to the
1911, inclusive.
legality of the bonds before bidding. All proposals must be
unconditional and must be accompanied by a certified check
for 5% of the par value of the bonds.
Upper Sandusky, Ohio.— Bond Sale.— On August 19 the
Co.,
$30,000 5* park bonds were awarded to P. S. Briggs
Cincinnati, at 109 67 and accrued interest. Following are
&
the bids
H
:
CO
00
00
CO
Woodslleld, Monroe County, Ohio. Bond Sale.— On August 12 the $15,000 5% electric light- plant bonds were awarded
to the Monroe Bank of Woodsfield at 11877. For description of bonds see Chronicle July 20, p. 153.
For description of bonds see Chronicle July 27, p. 204.
Vancouver, B. C. Debentures to be Taken by the Sinking
Fund.—Vfe are advised that the $20,C00 cemetery and $60,100
York, Pa. Bonds Proposed. The City Councils have
under consideration an ordinance providing for a loan of
$65,000 for peimanent improvements.
P. 8. Brlggs A Co..ClnclD
$32,901 60 W.J. Hayes A Sons, Cleve.. fSl, 489
Feder, Uolzman A Co.. Cln.. 3^,650 00 Provident Sav. Bank. Cinoln. 80,900
Denlson, Prior A Co.. Cleve. 31,800 00 First Nat. Bank, Barnesville. 30,001
W. R. Todd A Co.. Clncln.
31,800 00 New 1st Nat. B'k, Columbus.. 80,450
Lamprecht Bros. Co., Cleve. 31,675 00
.
.
.
.
.
.
INVESTMENTS.
—
MISCELLANEOUS.
Geo. D. Cook Company,
MISCELLANEOUS.
WHITE &
8ECURE BANK VAULT8.
C.
J.
INVESTMENT SECURITIES.
CO.,
Engineers, Contractors,
BROADWAY,
N. Y.
29
Investigations and Reports on
CHICAGO.
Electric Railway, Gas, Electric
N. Y. Office. 1442 Broad-Exchange Bldg.
Light, and Power Transmission
Properties for Financial InstiMacDonald, McCov
Co.,
tutions and Investors.
238-240 La Salle Street,
&
AND CORPORATION
MUNICIPAL
Designed and Built.
BONDS.
La Salle
Street, Chicago.
•i'i
WHITE
a College
J. S.
&
Seasongood
Streets,
MUNICIPAL BONDS.
Hlgh-Grade
City. County,
Town and
8chool Bonds
BROAD
304 Dearborn
CHICAGO,
ST.,
New
AU
N
L
8 N { N
WAS AWARDED AT THE PARIS EXPOSITION TO
§
WALL STBBBT, NEW YORK.
«S
Tiww v „..»..
.
R. T. Wilson
&
Co.,
BANKEE3 AND COMMISSION MERCHANTS
33 Wall Street,
New York.
Duaxe Stkeet, New York.
150
Chronicle
Manhattan Life Insurance Building.
UNLISTED BONDS AND STOCKS.
paying or defaulted, bought and
Quotations lurni.-hed, also opportunities lor
whether
sold.
Interest
small Investors.
Tel.
43S5
Wruo
Cort.
or call.
Established !Mi>.
Numbers Wanted.
18.80. 18i>3:
1896
Jan.
:
Jan.
May
Jan. 14. 21. Feb. i. 11.
17. 18P1
11. Juuo 8U. 1886; Jan. i. 1 eb. 22.
U»98 Jan. U, 21. 88, Feb. 18, 1SW, and
Issues of Jan.
;
May
8,
;
H01.
12, Fell. 2.
QroTATioN
Fred. H. Smith,
Patterson, Teele & Dennis,
CERTIFIED PUBLIC ACCOUNTANTS. STOCK BROKER. «6 BROAD WA Y, N.Y.
Broa d Rtreet
WHITING PAPER COMPANY,
And
MANUFACTURING
COMPANY.
Examinations and Investigations conducted with the utmost
care and efficiency.
ever received this— the highest nonor that can be
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It means they are the most perfect
made. Insist on having them for your fine E
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holyoke, .uass.,
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A,
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Street.
WHITING'S STANDARD
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NEW YORK.
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I.
STILL WELL, M.Sc,
156 Broadway,
SELLS,
30 Coleman
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ILL,.
Sts.,
manager.
Certified Public Accountants,
30
Burglar Proof.
CHROME STEEL WORKS,
Kent Ave. Keap and Hooper
BROOK V"
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Twelve years practical experience as a works
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HAS KINS &
Si CO.,
H ill. Cannon
Mayer, ENGINEER
W, Corner Third and Walnut
CINCINNATI, OHIO.
8.
Round and Flat Bars and &-ply Plates and Angles
FOR 8AFK8, VAULTS, 4c.
Cannot be Sawed, Cut, or drilled, and positively
IT. 8.
LONDON:
J. G.
171
Light and
Financed,
Electric Railways, Electric
Power Plants
Electric
QENUINE
WELDED CHROME STEEL AND IRON
Si-i'Pi.EMKNT March and April, 19CL
.h.. hh>i.
8i ppi
Will pay 10 cents a copy lor the aoove.
Investors'
WILLIAM
B.
DANA COMPANY.
76* Pine
Street.
CHRONICLE VOLUMES FOB SALE.
1870 TO DATE.
WILLIAM B. DANA COMPANY,
PINE ST., COR NEK PEARL ST., If. I
THE CHRONICLE.
412
©wt
|Batxke*s anfl ^rotters
&
Schwartz, Dupee
Co.,
10 Wall Street,
AitorOonrl,
NO.
CHICAOO#
Co.,
STOCKS AND BONDS,
GRAIN AND PROVISIONS.
Stocks, Bonds, Grain,
1
WLovk.
MILWAUKEE.
&
Bartlett, Frazier
A
flzw
CHICAGO.
CHICAGO.
2 Board of Trade
12 l In Rookery,
ot
7
NEW STREET,
^^ YO R K
>
Chicago and Milwaukee.
DBALflB.8 IN
Municipal,
members:
Railroad
)
210 Merchants' Excbange, ST. LOUIS.
and
Corporation
BOIVT3S.
new york stock exchange,
.
Co.
INVESTMENT BANKERS,
)
A
&
Oliver C. Fuller
NEW YORK.
-
LXXHI
[Vol.
chicago stock exchange,
chicago board of trade.
106-108
Grand
Avenue, Milwaukee.
PRIVATE WIRES.
EDWIN L. LOBDELL,
CHICAGO, ILL.
CHICAGO 8TOCK EXCHANGE.
BOARD OP TRADE.
"
w ._i,.,,
iuemoers
<.
(.Chicago
Members New York and
W.
E.
Phila- Stock Exchanges.
&
Clark
BANKERS AND BROKERS,
No. 139 South Fourth
PHILADELPHIA.
Co.,
St.,
Transact a genera) banking business.
terest
NEW YORK
Broadway, NewYork.
in-
Exchanges, and connected by private wire wltb
York.
New
G. Hopper.
h. 8. Hoppkb,
Members of Philadelphia Stock Exchange.
Wm.
&
G. Hopper
STOCK AND BOND BR0KER8,
Investments receive onr special attention. Information cheerfully furnished regarding present
holdings or proposed Investments.
&
ESTABLISHED
John H. McQuillen &Co
&
Exceptional facilities for dealings in all classes of
Southern Bonds. Loans on Collateral Securities
Charles B. Hoblitzell & Co.,
BANKERS AND BROKERS,
Sons,
Seaboard Air Line Securities,
Southern Securities a Specialty.
201 East German Street,
BALTIMORE, MARYLAND.
WYNDHAM
1871.
Stephenson,
Members N. Y. Stock Exchange.
HENERAL BANKING, COLLECTIONS,
&
Co.,
CINCINNATI, OHIO.
Members Cincinnati nnd New York Stock Exchanges.
BROKERS AND DEALERS IN ALL
CINCINNATI
AND OHIO
Francis,Brx>.
Buy and
Bell
&
&
Co.,
Brokers and Dealers
214 N. Fourth
Co..
3T East Third
(*«..
•securities
St.
Edward PolUtz
&
i
Co.,
STOCK AND BOND BROKERS.
Hawaiian Sugar Stocks a Spmcialiy
403 California
members New York,
in
markets.
ST. LOUIS.
St.
Louis and Chicago
Stock Exchanges.
Whitaker
Co.,
Bankers and Brokers,
&
SOUTHERN INVESTMENTS.
W.
Dickey,
WIRES.
AUGUSTA, GA.
SOUTHERN SECURITIES.
WHITAKER Oc HODGMAN,
BOND AND STOCK BBOKERS,
Street,
ST. LOUIS.
John
PRIVATE
Company,
300 North Fourth
NORFOLK, VA.
BROKER,
Successors to
Street.
SAN FRANCISCO. CAL.
&
all principal
Cincinnati. Ohio.
H»3TRT 8T. UOAtt,
KjjWAUD POl^j
Members Stock and Bond Exohange.
Mottu, de Witt
on com-
securities,
also listed
and unlisted
In
Cincinnati Bonds and Stocks
1860.
mission local
SECURITIES.
Irwin, Ballmann
Davenport & Co.,
BANKERS AND BBOKERS,
RICHMOND, VIRGINIA.
Correspondence solicited and information fur
nlshed about Southern State, Municipal and Ball
road Investment Securities.
Reference— Bank of New York, N. B. A.
ST. LOUIS.
Hutton
Virginia-Carolina Chemical Co. stock.
Reference— Mechanics' National Bank New Yor
ESTABLISHED
INVESTMENTS.
CINCINNATI.
E.
BOLLING,
BANKER AND BROKER,
RICHMOND, VIRGINIA.
Southern Securities,
Virginia Bonds,
PHILADELPHIA.
W.
Co.,
negotiated.
T. Mellon & Sons' Bank,
PITTSBURG, PA.
Philadelphia Stock Exchange.
&
1867.
Street, Baltimore.
Investment and Miscellaneous Securities a specand whole issues handled.
BANKERS AND BROKERS,
104 SOUTH FOURTH STREET,
Members
"
ialty,
BANKERS AND BROKERS,
No. 209 FOURTH AVENUE.
Oldest Pittsburg
Established 1802.
Co.,
BANKERS,
PITTSBURG, PA
Whitney
Wilson, Colston &
216 East Baltimore
Bank of New York, N. B. A.
First National Bank of Philadelphia.
28 South Third Street, Philadelphia
William Wilson & sons.
)
CORRESPONDENTS
Co.,
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Members of Baltimore Stock Exchange,
PITTSBURG, PA.
W.
St.,
Wilson, Colston
RANKERS,
on deposits,
Members of the Philadelphia and New York Stock
2 South
Members Baltimore stock Exchange.
PHILADELPHIA I
Stock
(*
CHICAGO
Exchanges.
PITTSBURG
)
AND
CHICAGO BOARD OF TRADE.
N. Holmes
Allow
BANKERS,
Dealers In Investment Securities
MEMBERS
The Bourse, Stb Street Philadelphia.
Street, eor.
Trade.
of
Co., Henry Sproul & Co.,
PITTSBURG, PA.
BANKERS,
83 Cedar
Board
PITTSBURG.
&
BAKER,WATTS&CO
f
J
PHILADELPHIA.
Edward B.Smith
LA SALLE STREET,
CHICAGO, ILL.
New Vork Stock Exchange,
I'htcngo Stock Exchange,
New y orK Cotton Exchange and
115-117
MEMBER NEW YORK STOCK EXCHANGE.
80UTHERN.
Co.,
BANKERS AND BROKERS,
Stocks and Bonds,
"The Rookery,"
&
A. O. Slaughter
Chas.
H.F.Smith & Co.,
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STOCKS, BONDS AND tfRAIN,
ST. PAUL. MINN
Pioneer Press Bids.,
Members of New York Stock Exchange
Membefs of Chicago Board of Trade.
@FedFRASER