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.
pmmrial
flmntfrri^(^0nid
Supplement
Quotation
Street Railway Supplement
(Monthly)
Investors Supplement (swa$
VOL
Md City Supplement (5^^^
State
[Entered according to Act of Congress, In the year 1900, by the
Wouam B. Dana Company, In the office of the Librarian of Congress.]
SATURDAY, AUGUST
71.
3£foe
Clearings
at—
1900.
Terms of Subscription— Payable in Adrance:
$10 00
6 00
13 00
7 50
£2 14s.
£111*.
New York
Pittsburg
Baltimore
Buffalo
Washington....
Albany
Rochester
Syracuse
Scranton
Wilmington....
Bingham ton....
Transient matter
$4 20 Three Months (13 times) $29 00
" ).. 50 00
Six Months
STANDING BUSINESS CARDS.
(26
" ).. 87 00
Two Months
(8 times) . 22 00 Twelve Months (52
Hartford
. .
.
London Agents:
Messrs. Edwards <8> Smith, 1 Drapers' Gardens, E. C, will take subscriptions and advertisements, and supply single copies of the paper
at Is. each.
Post Office
B.
DANA COMPANY,
Pine Street, Corner of Pearl
Box 958.
Publishers,
Street,
NEW YORK.
736,760.297
75,078,802
22,802,706
15,075,430
5,041,582
2,079.888
2,003,065
1,608,820
978,490
938,885
1,107,176
339,200
Philadelphia...
Street Railway Supplement
The Quotation supplement
State and City Supplement
Thb Investors' Supplement
Terms of Advertising—(Per Inch Space.)
Total Middle.
Providence....
,
New Haven.
Worcester
Portland
Fall River
Lowell
,
,
,
,
,
New
Bedford...
Total NewEng..
Chicago
Cincinnati
Detroit
Cleveland
Milwaukee
Columbus
Indianapolis
CLEARING HOUSE RETURNS.
The following table, made up by telegraph, etc., indicates
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, August 25, have
been $1,232,183,544, against $1,304,234,826 last week and
$1,521,404,713 the corresponding
week
of last year.
Peoria
To.edo
Grand Rapids
Dayton
Evansville
Youngsto wn
Springfield, 111
Lexington
Akron
Kalamazoo
Saginaw
Returns by Telegraph,
$5158,324.200
Boston.
Philadelphia
Baltimore
Chicago
St. Louis
New Orleans
Other
cities,
cities,
Total
74,035,471
$808,066,829
93,672.557
63,139,224
66,867,544
Canton
P. Cent
6 days
6 days
all cities,
5 days
all cities
for week.
-29-7
-20-9
-6*6
—2-7
12,005,030
16,597,937
103.5S7.547
24,474,507
91,384,222
24,682,212
4,824,127
5.003.631
-0-8
-7-7
$850,310,108
$1,109,879,722
165,961,487
-234
+153
,
All cities, 1 day
Total
1899
Jacksonville, 111...
Tot. Mid. West'n
179,874,693
+9 8
$1,030,184,799
$1,265,841,209
-18*3
201,998,745
255,563.201
-210
$1,232,183,514
$1,521,404,713
-190
Salt
Lake
City
Portland
Los Angeles
Seattle
Spokane
Sioux Falls
Total Pacific
Kansas City
Minneapolis
Omaha
Paul
Denver
St. Joseph
Des Moines
DavenportSt.
Sioux City
Topeka
The
the week covered by the
above statement will be given next Saturday. We cannot,
of course, furnish them to-day, bank clearings being made
up by the various clearing houses at noon on Saturday, and
hence in the above the last twenty-four hours of the week
have to be in all cases estimated,as we go to press Friday night.
We present below our usual detailed figures for the previous week, covering the returns for the period ending with
Saturday noon, August 18, and the results for the corresponding week in 1899, 1898 and 1897 are also giverj.
In comparison with the preceding week there is an increase in the aggregate exchanges of eighty million
dollars, the gain at New York being sixty-nine millions.
Contrasted with the week of 1899 the total
for the whole country shows a decline of 15-2 per cent.
Compared with the week of 1898 the current returns record
a decrease of 0-8 per cent, and the excess over 1897 is 20-4
per cent. Outside of New York the decrease from 1899 is 0-7
per cent. The excess over 1898 reaches 20-3 per cent, and
full details of clearings for
making comparison with
1897 the gain
is
seen to be 31-3
p. c.
,
,
,
,
Tacoma
Helena
Fargo
Wichita
Fremont.
Hastings
Tot. other West.
Louis
New Orleans
St.
Louisville
Galveston
Houston
Savannah
Richmond
Memphis.
Atlanta
Nashville
Norfolk
Augusta
Knoxvllle
Fort Worth
Birmingham
Macon
Little
Rock
Chattanooga..
Jacksonville.
Total Southern...
Total all
Outside N. York..
Montreal
Toronto
Winnipeg
Halifax
Hamilton
St.
John
Victoria
Vancouver
Total Canada
117,518,693
14,183,100
9,663,856
115,445,693
13,059.250
8,355,092
10.103,60-i
9666,374
5,249,195
4,890,600
2.947,286
2,072,133
2.256,896
1,245.157
985.691
845,882
267,129
433,052
391,207
4,973,913
4,355,400
2,862.731,661,876
2.242.832
1,098,075
991,107
892.459
226,493
3e0.O26
329.501
441,000
434.642
Publication suspended.
San Francisco
Kew York
Seven
1900.
131,951,122
441.755
Rockford
Week Ending August 25
965,519,793
86,821,833
20,255,027
17,884,881
4,296,039
1,822.510
1,999,814
1,908,088
951,707
1,019,362
1,019,918
277,700
116,425,863
484, B0C
Springfield, Ohio..
Clbarinos.
1899.
863.714,441 1,-103,775 782
102,449,685
116,721.665
5,662.100
8,508,000
2,002,095
2,383,816
1,879,910
1,594,675
1,197,928
1.804,780
1,185,392
1,297,493
1,043,373
1,620.734
528,276
675.051
444,183
513,458
532,721
430,950
Boston
Springfield
18
1900.
PUBLISHED WEEKLY.
WILLIAM
NO. 1835.
25, 1900.
Week ending August
<&hxomcU.
For One Year
For Six Months
European Subscription (inoluding. postage)
European Subscription Six Months (inoluding postage)
Annual Subscription in London (inoluding postage)
do.
do.
SixMos.
do.
Above subscription includes—
(^mhn^
,
,
270,769
269,387
209,992
126,71!
251,139
813,700
272,046
134,846
174,730,799
168,267,706
20 886.529
2.000,000
1.667,901
1,679,156
2,898,257
1,214,166
928,433
683,180
240,614
152.891
21,673,236
2,165,130
1,886,542
2,254,005
2.358,425
932,774
1,125,000
546,164
220.305
138,607
33.195.188
18,040,000
10,025.884
6.172,075
4 208,613
4,078,608
3.533.328
1,091,828
87?,944
984,058
843,445
867,025
122,851
159,279
60.600,789
81,699,217
13.399.958
8,680,978
5,814,344
4,037,490
8,046.384
3,580,324
1,153,720
756.278
702.377
683,024
471.614
183.012
128,737
P. Cent.
1898.
1897.
843.316,543
60,894,411
17,750,512
15,182,435
8,807,011
1,641.928
650.687,879
59,148,903
13,487,907
15,788,390
3,940,043
1,577,570
—21-0
1,659,606
+28
—7-9
+86
1.220.338
887,898
810,344
899,7-8
332,400
849,794
781,686
824,917
288,400
956,185.866
748,875,892
90,508.671
4,564,800
1,792,615
1,221,471
1,227,785
1,233,052
1,878,803
813,008
629,139
423.445
-23 7
—136
+126
—15-7
+17-4
+14-1
4-0-2
+22-3
—21-7
—11-5
—18-0
-180
-136
—8-2
-8-6
—31-4
-218
-13-4
+23
7
-11-8
+17-9
+8-2
+15-5
+6-6
+55
+123
+8-0
+247
+0*6
+134
-5*6
—5*3
+13-7
+203
+18-8
+9-8
+1*8
'+7 : 6
—14-0
95,354,037
10.693,250
7.535,697
7,591,660
4,196,749
8,143,200
2,577,735
1,499,895
1,620.369
844.477
750,384
675,925
233,085
386.965
407,6=0
321,800
381,868
103,686,289
87,010,493
10,114,000
6,335,448
5,510,977
4,014,695
3,048,500
2,187,983
1.701,273
2.240.633
706,951
621,142
219,799
809 570
216,900
244,756
138,616,747
16.088,284
1,586,087
1,485,639
1,118,273
1,348,870
822,302
626,000
571,388
160,015
60,759
124,784,127
15.851.448
1.200,173
1,524,210
1,012 846
734,231
625.000
651,648
460,000
67,113
34.240
+234
—22 1
-81
+291
23,767,647
10,926,394
7,160,413
6,614,608
8,317,324
2.597,325
2,765,447
929,948
626,691
665,671
651,604
833.776
81,698
69.744
22,060.309
10,310.377
8,625.811
4,335.176
4,156.465
2,126,360
1,187.405
725,000
525,055
478,499
664,805
356,204
90.814
98.571
+20*2
85 710 643
+140
24.098.211
5,449,769
5,862,928
2.845,500
2.075,870
1.640,126
2.668,085
1,178,831
978.667
904,644
783,221
401,890
451,715
1,016,260
321,698
864,000
290,501
32S.478
180.782
81.650,672
25,235.981
6,280.518
5,569.820
8,293,900
2,872,720
1,781,09 L
1,986,851
1,161,234
934,407
893.941
776.145
484,660
397,995
688,950
372,299
477,000
-6-0
+38
+3-5
+8'2
+20*3
+342
-1-6
—23 2
+21-2
-20'1
-8*3
-12-3
+4-7
+34*6
+162
+161
+4-2
+33
9
-0"
-6'4
+16 5
+405;
65,667,796
59,452.891
+10 5
,804.234,826 1,480.507,385
—152
576,726.841
14.165.212
8,829 966
1,744,768
1,289,717
659.669
657.870
711.975
832.802
28 941.979
109,691,526
169,645
174,321
132,381
42.01S.296
28,145,710
7.000,000
6,666,113
2.803,050
2,260,000
2,123,874
2,794.728
1,297.220
1.114,783
1,089,703
1,076,092
683,266
449,271
747,928
567,805
421,000
269,604
308.348
205.391
13.8C3 863
9,171,854
1,845,800
1,684,349
656.546
834,682
636,946
978,641
28.167,681
687,982
703,221
435,915
171.613
170,095
161,547
-22 8
32,087 583
6.700,000
6,949.876
2,187,000
2,700,000
2,968.743
3,000,000
1,651,840
1,822,179
1,011,615
1.105,380
580,126
525,211
779,580
674.958
447,000
430.671
887,689
185.786
567.474,629
95,440,781
4,952.000
1,829,633
1,469,904
1,332,735
1,462,603
1,876.807
—4-3
+4-2
-5*0
+200
+39 8
+7-8
+27 3
+18-7
-2 7
+2 7
-151
+16"9
+4-3
+18 9
+8-2
+83-6
+25
7
-97
-0*7
—21
+3*9
—229
+30
6
+0-6
+26*9
— 10'5
217 350
326,026
158.780
61,827144
51,136.077
,315,108,536 1,082,914,303
432,226,414
471,791,963
11.813.408
11.109.227
6,715,440
7,749,975
1,754,456
1.686,824
1,818,890
1,241,461
576.080
571,903
640,172
688,915
+10 3
+08
22 948.305
22,817.946
—
THE CHRONICLE.
362
[Vol. LXX.I.
a mere creature of the Congressman's imagination ?
THE FINANCIAL SITUATION.
Did not the Democratic platform
settle that point
?
Business affairs have remained quiet and almost
Indeed each sucprecisely as they were a week ago.
ceeding seven- days cycle has for some time pretty
much repeated its predecessor, except in one particular, which is, that increasing lethargy has been
through the weeks a constant feature. The complaint
Monetary conditions have remained without important change.
Some disappointment has been expressed because the matured 2 per cent Government
bonds have not been presented faster for redemption.
It will be remembered that the call for them, as we
seems to be a general impairment of industrial energy. announced a week ago, fell due last Saturday and
Enterprise stands waiting; an apparent loss of power that the total outstanding at that date was about $17,Up to yesterday night the redemptions
to begin new work is everywhere in evidence; even the 000,000.
ordinary expansion of old plants and business opera- reached $6,304,908 34, so that there are about $10,700,That 000 outstanding. As the most of these are held by the
tions is likewise in large measure suspended.
this will be the complaint so long as the country must Treasurer as security for circulation and for Govface the possibility of Bryanism, is not only the ernment funds deposited in the New York banks, it is
teaching of principle and experience, but is the ex- within the power of those institutions to take the
pressed opinion of correspondents who are deepest in money for the bonds whenever they think it debusiness engagements.
No one could expect any sirable. Of course the bonds do not draw interest
Mr. Bryan represents every finan- any longer, so it would seem that they will be sent
other condition.
cial error that has gained a footing in the United in for redemption soon unless it is more profitTo able, or the banks deem it more expedient, to let them
States at any time during the last half century.
admit that there is a chance of a man with such ideas stand for the present. Call money only averaged last
being in control of the Government for four years, week If per cent ; the current week the average has
Had the whole of the currency
striving to debase our standard of values, to antag- been 1£ per cent.
onize all forms of combined capital, is more than held in the Sub-Treasury to pay these overdue 2 per
enough to cultivate in business classes a spirit of cents been withdrawn at once and put into the banks,
unrest, and force every incipient undertaking for the the presumption is it would have had a very depressing influence on the money market ; perhaps it would
time being to a standstill.
It is amusing to see the strain Mr. Bryan and his have made money so plethoric as to materially affect
followers are put to in their effort to conceal their rates. That prospect may have had something to do
silver and other revolutionary notions under what with the lack of haste in presenting the bonds.
Such
state
the
loan
a
of
market
might
their platform has called the paramount issue of
also hasten the reimperialism. There never was a man so completely newal of gold exports. As it is, foreign exchange has
the embodiment of certain fixed ideas as Mr. Bryan been firm and nominal, and actual rates have risen
has always been of free-silve: coinage and populism. during the week.
His name spoken suggests nothing else; he might be
Judging from current indications things in the iron
called an animated exposition, the precise equivalent,
So far as we know, he never, until trade seem likely soon to begin to mend. In the
of those ideas.
after the Fourth of July Kansas City Convention, matter of prices there is as yet no great change for
In fact, as concerns the raw material
made a speech, long or short, that did not in large part the better.
relate to and advocate 16-to-l coinage.
He even some further reductions have occurred. On the other
compelled the putting of that error distinctly and by hand, bars and a few other forms of finished products
itself into his latest platform.
Thereupon he became have shown a recovery from the lowest figures recently
dumb on the subject. It is quite a wonderful current. The situation is better than it was by
The
affection
though, whatever
cannot
be paralysis, for he can still talk glibly enough about
"imperialism."
The chief difference between his
speeches now and formerly is that before the Kansas
City Convention what his heart thought his tongue
spake; now there is no heart at all in what he says
it is just as if he had a piece to speak, and spoke it.
Whenever he gets off the "paramount" and gets
astride of trusts and bimetallism he warms up a little,
just as he did at Topeka Thursday; but even then he
restrains himself, as if he knew he was nearing dangerous ground. Sometimes he becomes a trifle irritable because the public do not take him seriously.
A
conspicuous illustration of this spirit is the utterance
of a member of the Democratic National Executive
Committee, Congressman Clayton of Alabama. We
find it in a special dispatch from Washington to the
"New York Times" of Thursday. Mr. Clayton is re
ported in that interview to have said: "The man who
insists that imperialism is not the paramount issue of
this campaign is either an ignoramus or a knave."
Why should this prominent spokesman of Mr. Bryan's
show so great fear of silver and be so very touchy about
case.
the " paramount "
as to express in
language his hostility against a
it is,
most intemperate
"man" who must
be
reason of the fact
tion
that
there
is
make purchases where
to
now
a
consum-
before
manifested no
inclination
no
engagements,
matter what
ers
The "Iron Age" reports
movement is spreading in a number
were.
to
disposi-
enter
into
the
quotations
that
the buying
of directions.
It
notes considerable additional business in bars, a heavy
tonnage in plates, and a great deal more animation in
the sheet trade. The Pittsburg correspondent of that
paper asserts that stocks of goods are low all over the
country, a statement which he claims is borne out by
the character of the orders being placed, nearly all of
which are for prompt shipment.
Hence he conheavy
tonnage
will be placed just as soon
tends that a
are
convinced
that
buyers
prices are not to go any
as
lower.
Probably, however,
it
will
be well not to be
hardly seems likely that consumers will take hold with any great vigor until
over-sanguine, for
after the
it
Presidential election in November.
It
is
a
point gained to find them thinking that prices are
scraping on bottom, and beginning to make prepara*
tions accordingly.
As
far as the
raw material
is
con-
cerned, there has been such a decided curtailment o:
output it seems as if prices must soon become firmei
by reason of that fact alone.
A
decided help in
J
August
THE CHRONICLE.
25, 1900.
363
around would be for the rail- road than last year, of which 244 miles represents the
maker8 to change their policy. While the price of St. Paul & Duluth, which is now included in the
The earnings of the St.
steel billets haa since April declined from $32 a ton Northern Pacific accounts.
to $18 a ton, rails are being held at the old figure of Paul & Duluth last year averaged $45,000 to $50,000
Though the mills may be fully em- per week, and with this eliminated the Northern
$35 a ton.
ployed on old orders, they can hardly look for any Pacific's gain of $64,757 for the second week of Augnew orders from the railroads so long as this forbid- ust would be correspondingly reduced. One advantage the railroads will presumably continue to have,
ding quotation is maintained.
whether business is active or inactive and whether
Some modification in the prospects for the growing crops are good or bad. We mean better rates, not
corn crop has occurred within the last two or three merely because of higher tariff schedules, but because
weeks. The weather has been exceedingly hot all of the closer observance of the same. The importover the Western corn-growing country, and reports ance of that circumstance is well illustrated by the
agree pretty well in saying that the condition of the report of the Cleveland Cincinnati Chicago & St.
crop has been impaired as a result. As, however, Louis, in which President Ingalls shows that half of that
there has been more or less rain in most of the West- road's large gain in revenues in the late year resulted
ern States, we should judge that the harm done on from an improvement in the average rates received.
the crop as a whole would not reach very large
There has been no change in the official discount
proportions. In the case of one State though namely
Kansas the situation has, it would seem, wholly rates at any of the European banks this week. The
in London have declined, reflecting
changed. There the extreme heat was unrelieved by open market rates
the improved condition of the Bank caused by the
rain until within the last few days, and much damage
receipt of gold from New York, which receipt, it may
It will be remembered that
is everywhere admitted.
noted, was the largest since the Baring panic in
the Agricultural Bureau at Washington reduced the be
Unofficial rates at Paris and Berlin are with1890.
condition of corn in that State from 93 July 1 to 71
August 1. The State Board of Agriculture three days out change compared with last week. The statement
later, on August 4, made the condition only 56.
The of the New York Associated Banks last Saturday
loss of $8,341,800 cash, of which $8,106,900
further unfavorable conditions since then has, it is showed a
was specie and $234,900 legal tenders. The loans
claimed, lowered the average still more, though we
may suppose that the damage done is exaggerated, as were increased $6,837,400, while the deposits
were decreased $3,091,600 and the surplus reusually happens in such cases. The Washington authoriserve was reduced by $7,568,900, to $20,557,050.
ties made the corn crop of Kansas for last year 237,621,222 bushels. A loss of half that amount the present This it may be noted was the largest weekly
stimulating a revival
all
—
—
reduction in surplus reserve since the week endMarch 10, when the banks lost $7,965,country's total yield, but would obviously be of con- ing
The applications for the exchange of fundable
siderable consequence to Kansas and to the railroads 175.
bonds
for the new 2 per cents amounted at the close
running through that State. Fortunately, as an offset
year would not of course count for a great deal in the
Kansas has raised a phenomenal of business on Thursday to $329,185,600. The Treaswheat crop. The State Board places the yield at 78,- ury has this week been making smaller disbursements
081,000 bushels, the largest in the history of the than anticipated in the redemption of the matured 2
State.
In 1899 Kansas, according to the Agricultural per cents of 1870, which were extended at the pleasBureau at Washington, harvested only 36,468,044 ure of the Government in 1891 and called May 18 for
redemption August 18. The checks drawn against
bushels of wheat.
these bonds which passed through the New York SubNotwithstanding the continued inactivity of trade, Treasury up to the close of business on Friday
amounted to $5,304,908 34; about $1,000,000 was
railroad earnings keep up remarkably well.
Instead
to a corn shortage,
of the falling off that had been looked for,
further increases treating the roads as a
—
we
find
paid elsewhere.
whole.
Money on call, representing bankers' balances, has
Thus, for the first week of August our statement on loaned uniformly throughout the week at 1^ per cent
another page covering 66 roads shows an increase &nd at 1£ per cent, with the bulk of the business and
over the corresponding week of last year of nearly six the average 1| per cent.
Banks and trust companies
per cent— 5-92 per cent. For the second week a preliminary statement covering 60 roads records 8*41
increase.
On several of the separate roads, however,
the changes in conditions which have recently oc-
curred are plainly apparent.
neapolis
regularly
pose
St.
Paul
reporting
reflects
the
&
For instance, the Min- periods maturing
Sault
losses,
quote 1^ per cent as the minimum, though some of
the former loan at 1£ per cent rather than leave their
balances unemployed.
There is scarcely any inquiry
for time money and the offerings are now chiefly for
Ste.
which
diminution
Marie
we
in
is
may
this
after the election.
Rates are 3 per
cent for sixty [days, 4 per cent for ninety days and
sup- 4 to 4£ per cent, according to the character of
year's the
collateral, for
four to six months.
These
now
spring-wheat
crop in the Northwest.
The de- quotations are for loans on good mixed Stock Excreases reported by such roads as the Peoria & change security.
It is noteworthy that the demand
Eastern and the Chicago Indianapolis & Louisville for commercial paper
is largest from the interior. The
are doubtless due to the failure of the winter-wheat Chicago
banks have this week been buying quite libcrop in the Middle Western States. The loss from a erally,
through their correspondents, and considerable
smaller grain yield is often hidden by an increased New York
paper has been placed in other Western
volume of other freight. In some cases, also, the in- cities, and also
at the East, in Boston and vicinity.
clusion of additional mileage in the present year's re- The
local inquiry for paper is light, chiefly because
turns tends to obscure its presence. The Northern
of a disposition among the
New York banks
Pacific, for instance,
now
includes 410 miles
more
of
not
to
invest
in
paper,
at
least
while
there
is
.
THE CHRONICLE.
364
[Vol.
LXXl
on Friday in the form of drafts, and the remainder will be transmitted hither next week. The
is ascribed
partly to what some of the New Yoric banks regard as bank also has advices of the deposit at San Francisco
over- confidence in the political situation, but mainly of $600,000 Yukon gold, which will likewise be transThe Bank of British North
to the fact that most of these institutions are well ferred to this city.
supplied with funds, which they expect will be more America is advised of the deposit of $500,000 Yukon
much uncertainty regarding the result
The buying by Western banks
tion.
so
of the elec-
than ample for the season's crop requirements. The
offeringsof paper are not pressing, though fair amounts
of desirable names are in the hands of brokers. Kates
are 4 per cent for sixty to ninety- day endorsed bills
receivable, 4!@4| per cent for prime and 5@5| per
cent for good four to six months' single names.
city
gold at Seattle for
its
This will also be
account.
New
York.
Nominal rates for exchange have been 4 85 for sixty
day and 4 88| for sight during the week. Rates for
actual business opened on Monday unchanged, compared with those at the close on Friday of last week,
at 4 84@4 84| for long, 4 87!@4 87| for short and
the
confirmed
While there was no quotable
4 88@4 88! f° r cables.
The news from China this week
capbeen
had
Pekin
that
the market gradually
Friday
Thursday,
rumor current on
change in rates until
tured by the allied troops. The legations were res- developed greater firmness, bat it was extremely dull;
cued on Wednesday of last week, the Chinese making a had it been more active, rates would most assuredly
The allied have advanced. On Thursday there was a rise of onefinal assault on the previous evening.
troops then attacked the Sacred City, an enclosure quaiter of a cent in rates for actual business for long
within the city proper, which was occupied by them and frr cables, to 4 84!@4 84£ for the former and
August 17; the Empress Dowager and the Emperor 4 88!@4 88^ for the latter, while short remained unhad escaped on the 12th to Sian-Fu, about 500 miles changed, though strong, at the quoted figures. The
inland, and it is reported that they were pursued by a market was firm on Friday, ar d short advanced oneportion of the Japanese troops. Fighting at Pekia quarter of a cent. The following shows daily posted
ceased after the occupation of the Sacred City by the rates for exchange by some of the leading drawers.
Allies.
Li Hung Chang, under date of August 21,
MON.. Tubs., Wbd.. Thtjb..
FBI.,
FBI..
Aug. 17. Aug. 20. Aug. 21. Aug. 22. Aug. 23.
addressed a communication to the Powers deploring
85
85
85
85
85
days 4 85
further military operations by the Allies, and ask- Brown Bros..... {(60
88*
4 88*
88*
88*
88*
Sight...
88*
85
86
85
85
85
4 8S
j 60 days
ing for the withdrawal of the troops and the Baring.
88*
88*
88*
83*
88*
Magoun&Co., {Sight... 4 88*
4 85
85
86
85
86
85
60 days
appointment of an envoy to conduct negotia- Bank British
4 88*
88*
88*
88*
88*
88*
No. America, {Sight...
486
85
85
85
85
85
tions.
The American reply was to the effect Bank of
J 60 days,
4 88*
88*
88*
88*
Montreal
88*
88*
{ 8ight...
be when Canadian Bank J 60 days 4 85
for negotiations will
that the time
85
85
85
85
S5
4 88*
88*
88*
?8*
of Commerce., { Sight...
88*
88*
security is established at Pekin and the Chinese Gov- ileidelbach, Ick J 60 days 4 85
85
85
86
86
85
88*
elheimer & Co, {Sight..., 4 88*
88*
88*
88*
88*
ernment shows its ability and its willingness to make
86
86
85
85
560 days, 485
85
hazard Freres.. •{Sight...
4
88*
88*
88*
88*
88*
on its part an effective suspension of hostilities both at Merchants' Bk. 1 60 days 4 88*
85
85
85
86
85
85
of Canada.... {81ght...
4 88V3
P8*
88*
88*
88*
88*
Pekin and throughout China. The Bank of England
The market closed firm on Friday, with rates for
minimum rate of discount remains unchanged at 4
per cent. The cable reports discounts of sixty to actual business 4 34|@4 84£ for long, 4 87|@4 88 for
ninety-day bank bills at London 3f per cent. The short and 4 88!@4 88£ for cables. Commercial on
open market rate at Paris is 2f per cent and at Berlin banks 4 83|@4 84 and documents for payment 4 83!
and Frankfort it is 3|@4 per cent. According to our @4 84|. Cotton for payment 4 83!@4 83£, cotton for
special cable from London the. Bank of England acceptance 4 83|@4 84 and grain for payment 4 84!
transferred to
<
.
gained £2,496,110 bullion during the week and held
£33,355,399 at the close of the week. Our corre
spondent further advises us that the gain was due to
the import of £2,113,000 (of which £1,848,000, chiefly
bar gold from New York, were bought in the open market, £201,000 imported from Australia and £64,000
@4
84^.
The following gives the week's movements of
money to and from the interior by New York banks.
Week Ending August
24, 1900.
Received by
Shipped by
N. Y. Banks. N. Y. Banks.
14,568.000
$3,641,000
Net Interior
Movement.
1924,000
Gain.
494.000
923,000
429.000
Gain.
from the interior
418,000
$4,073000
Gain.
$1
J6,491,000
of Great Britain, and the export of £60,000, of which
£25,000 were to the Cape, £10,000 to South America
With the Sub-Treasury operations and gold exports
and £25,000 to various countries.
the result is as follows.
from India),
The
to £443,000 net received
Week Ending August
foreign exchange market has
been quiet but
firm this week, with long sterling influenced by easier
discounts in London and short sterling by a demand
for remittance, which appears to have absorbed all offerings, and a further slight advance in the rate will
probably cause a resumption of gold exports. It may
be neted that there are in sight commercial bills
drawn against new cotton from Southern Georgia and
Texas, and against grain, which latter is moving with
some fiecdom, and the market may thereby soon be
partially
relieved.
Gold
received
at
the Custom
The Assay Office
paid $728,792 22 for domestic bullion.
The CanaCommerce
has
advices of the deposit at
dian Bank of
of
this
week
Yukon gold for account
$1,500,000
Seattle
House during the week,
of the
bank
;
#11,531.
$150,000 of this gold was received in this
Out
into
24, 1900.
EUnks interior movement, as above
Sab-Treae. oper. and gold exports..
Banks.
Bank
Holdings.
$5,451,000
$4,073,000
24.100,000
Gain.
Gain.
H 418.000
26,600,000
mow ooo
128.173,000
The following table indicates the
in the principal European banks.
August
Bank
Net Change in
Of
Banks.
amount of
August
23. 1900.
1,600,000
Gain. $2,918,000
bullion
24. 1899.
of
Gold.
4
England
83,355.399
rranoe
89.925488
Germany
28.870,000
Russia
Kn». Hung'y.
Spain
78,898,000
87,099,000
Italy
15,466.000
Netherlands..
Nat.Belg m...
13,689.000
4,869,000
8,885,000
Silver.
Total.
Gold.
*
4
Silver.
Total.
$
33 355,399 35.039 404
35.039.404
45,879 494 185, 304,982 77.228, 587 48,127.540 125.856,127
14.878, 000 43, 743.000 28,377, 000J 14.618.000 43.995,000
7,655 000 86 ,553.000 94,966 000 5,296.000 100,853.000
9,964 000 47, 663.000 30.481, 000 10,(99,000 41,080.000
16,795 000 30 434,000 18.960 000 13.614,000 36,674.000
1,670 000 17, 136,000 15,687, 000 8.281,000 17.868.000
8.784.000
5,901 000 10 770,000
2.748 000 6.042.000
4,493 003
1,418 000
253,000
8,995, 000 1,497,000
rot.this week 805,600.887 103 '54494 409.261.8Sl 300.965,991 101974540 403.840.531
Tot. orev. w'k 302,586.392 108085933 406.651,626 398,189.450 101476305 '399.60 J 75>
August
THE CHRONLCLE.
25, 1900.]
will
MR.
BRYAN TO THE
POPULISTS.
aid
in
365
reaching the true solution of
pending
problems."
As
paramount issue, that
pending
controversy
the
Mr. Bryan of course
the populist party last Thursday left Mr. Bryan no phase of
easy avenue of escape from declaring himself on the could not ignore, as he ignored the money issue in his
money issue. In so far as the candidate controlled acceptance of the Democratic nomination. Conse-
The
the nomination of
task of formally accepting
named him
to "anti- imperialism" as a
quently to the populists, after his frank concessions
possible for him to assume the right of selecting its on the money question, he recites the arguments based
To do this for a third party of which he was on this part of the platform. "Militarism and impolicy.
not a recognized member was hardly possible, and if perialism," Mr. Bryan remarks, "are antagonistic to
the party which
Kansas
at
City,
it
was
the principles which populists apply to other quesas the party of discontent against the prevailing order tioi s," and, with this quasi- apology, he invites the
of society, has naturally incorporated in its platform attention of the party to a somewhat more cautious
possible was certainly not safe.
protests against
The
populist party,
a score of existing institutions, but
declaration in the matter than was contained in his
from the start its program of opposition has converged
on the money issue. Its first declaration, adopted in
July 1892, denounced the gold standard as " a vast
conspiracy against mankind, organized on two continents and rapidly taking possession of the world."
Its first distinct demand was for the arbitrary and
speedy doubling of the country's circulating medium,
and for the "distribution" of the new currency "direct
"We
wish to take the occasion, however, to say a word in
this matter of imperialism, more with a view to Mr.
Bryan's canvass in the East, where the high repute of
some of the gentlemen who have joined him on this
issue makes the question one of immediate concern,
to the people, at a tax rot to exceed
than in the West, where we doubt
annum."
reiterated these
It
2 per cent per
demands, only
To
slightly
earlier
It is
tions
ist
speech "of acceptance.
not necessary for us to review the various asser-
and arguments
set forth in this connection.
if
the anti- imperial-
appeal has serious weight.
Mr.
epigram, regarding reduction of
dorsement of this party, and at the same time ignore the surplus, that a condition and not a theory conthis salient declaration of its creed, would have been fronted us, is certainly not without application to the
existing controversy.
When the theory of so-called
to mock at its principles.
It is to this fact, we presume, that we owe Mr. imperialism is baldly presented, we fancy that all inBryan's return to the currency question at Topeka on telligent and unbiased citizens, of whatever party
Thursday. The essential part of his remarks on this affiliation, will dissent at once. We believe there is
question lies in his assertion that although the politi- not the shadow of a doubt that if the plan of colonial
cal factions "united in the demand for the imme- expansion by deliberate war of conquest were premodified, in
its
platform of 1896.
diate restoration
of silver
accept the en-
by the independent action sented to the American people,
1" were
of this country at
Cleveland's
16 to
defeated in 1896,
"that did not end the discussion." We commend
this statement of the case to such people as believe
that, the gold standard being now fixed by law, it is
no longer a political issue.
Indeed, if Mr. Bryan's
further remarks mean anything, they mean that he
holds the question of fiat money to be also a question to
be reopened. "It is true," he observes, "that the pop
it
would be over-
whelmed by a majority
so great as to be almost unanimous. Among the opponents of such a proposition
would be found, we are confident, the present'Administration.
This is equivalent to saying that the
arguments of Mr. Bryan against the so-called imperial
Government are aimed at a policy
that does not exist, and at a plan which was never
policy of the present
entertained.
an irredeemable greenback, while the
In saying this, we are aware that a ready answer is
Democrats believe in a greenback redeemable in coin." at hand in the shape of a reference to the Philippine
But the vital issue, Mr. Bryan continues, is the per- situation, where a war as exasperating as it is destruculists believe in
petuation of the Government legal-tender note. On tive is being waged for the suppression of a native
what basis shall it be perpetuated?
The candi- uprising to take possession of the Government. Fairdate's
answer
turns
back the hands of the minded critics will concede, however, that the unforclock beyond even 1868. "There will be time tunate situation in the islands has not resulted from
enongh to discuss the redeemability of the green- any pre-determined policy to deprive an alien people
back," he cor eludes, "when the greenback itself is of independence. The present contest was brought
saved from the annihilation which now threatens it.*' about by a chain of events which, taken as they
This utterance is a little cloudy, but must mean one stood, led inevitably to the existing situation. There
of two things
either Mr. Bryan proposes to reopen were two possible policies available on two separate
the question of irredeemable paper money or he holds occasions which would have averted the Filipino war.
out for vote- getting purposes an intimation to that The treaty with Spain might have been rejected and
effect without intending to fulfil the tacit promise. the islands flung back into the hands of the Spanish
—
We
doubt
Mr. Bryan's adherents, new or old, will
accept the second of these alternatives. It would,
indeed, be quite unnecessary for any reader of last
Thursday's speech to assume hypocrisy in the candidate's offer to regard even the proposition of fiat
money as an open question for a coming Administration.
His introductory paragraph contains a sufficiently suggestive view of his own position.
Referring to what have been commonly described
aB the economic vagaries of
the populists, Mr.
Bryan frankly remarks
" I have confidence that
the discussion which your party has compelled
if
:
Government. We opposed that plan when it was
mooted in the Senate, as Mr. Bryan himself opposed
it, and as we believe the vast majority of intelligent
Americans opposed it, on various grounds, not least
important of which was the argument that such
action would mean the shirking of our responsibility
to civilization and the surrender of the islands to
anarchy.
The one other
alternative
assuming resistance by the
over the
to the existing policy,,
Filipinos, was to hand
Aguinaldo and his
who were the only organized body of na-
Government formally
associates,
to
THE CHRONICLE.
366
[Vol,
LXXL
the government. But it
was never clear that Aguinaldo was the choice of the
Filipinos for their ruler, that he was able to maintain
of Colorado (bearing in
a government if allowed to try the experiment, or that
he had any intention of granting the rights of inde-
pression in that industry foretold early disaster for
pendent citizens to his fellow-natives. The judgment
of the Philippine Commission a conservative and
unbiased body— was formally expressed against any
such action. But in default of returning the Philippines to Spain or of giving them up to a native claimant not sustained by the suffrage of the islanders,
the single policy remaining, in our judgment, was
far
tives claiming
to exercise
—
order and maintain the publio law, in
virtue of our legal title to the islands, until return of
peace should make possible provision for the ultimate
to enforce
government
of the islands.*
This is precisely what has happened, and all that
has happened, up to the present hour. When Mr.
Bryan points out, as he did at his Topeka speech last
Thursday, the position of certain individuals who advised forcible retention of the islands purely for business exploitation, it is easy to reply by citing other
individuals
who
believed that Admiral Dewey, after
mind that but a few
years ago
both were claimed to be chiefly dependent upon the
silver-mining industry, and it was thought the dethe
State as well as the road)
from
its
is
that with silver not
lowest point, the Denver
was able to earn in
1899-1900
& Rio Grande
gross of, roughly,
10i million dollars, ($10,246,079,) whereas in 1892-93
the very best previous year before the collapse
in silver, the gross receipts did not quite reach
9£ million dollars, being $9,317,646. The explanation, of course, is very simple.
The people of
Colorado, with characteristic energy, have turned their
eyes in other directions, and since 1893 have been
giving less exclusive attention to silver than they had
previously done.
They have turned to the development of some of the other varied resources of the
Both mining and agricultural products are now
much more diversified than formerly, which obviously
State.
is
an advantage
all
around.
President Jeffery states
that the traffic receipts of the late year were
the expectations of the directors.
beyond
Moreover, he says
the indications are that the results for the fiscal year
demolishing the Spanish fleet, ought to have sailed just entered upon will equal and perhaps exceed those
away and left Manila to whatever fate was in store of the late year. All interests and industries in ColThe one view of the case, we say, was as ex- orado, he declares, are more active and prosperous than
for it.
treme and indefensible as the other; the middle path ever before, and there is warrant for renewing the
which the Administration has perforce selected was, hopeful views previously expressed.
Our readers have in the past been made familiar
we believe, the only reasonable outlet open to it.
As to what line of action is to be adopted after the with the strength of the Denver & Eio Grande prop-
and order in the Philippines, we erty and the conservative character of its managebelieve that conservative opinion, the judgment of ment, so it will not be necessary to dwell at length
the majority of thinking citizens, will determine it. upon these points to-day. Suffice it to say that all
"We do not believe that the question can be deter- the features noted on previous occasions are emphamined now least of all in the heat of political con- sized in the present report. The income account
Mr. Bryan's pledge in his letter of accept- shows that for the twelve months the company earned,
troversy.
ance that, if elected, he will summon Congress to re- roughly, 1| million dollars in excess of all fixed charges,
call the army and give over the islands out-of-hand to the exact amount of the surplus being $1,494,462.
a native government, is an impulsive dash at solution Only §946,000 of this was applied in payment of the
of a weighty problem, quite of a piece with his touch- dividends on the preferred stock, which are at the rate
and-go policy to reform all the financial ills of his of 4 per cent per annum. A balance of $548,462
In the one case, as in the other, he remained, which was distributed and applied in
constituents.
would apparently reverse and upset at once every- accordance with the methods and principles that have
thing that has been done beforehand in the matter, and distinguished the management from the beginning.
Thus (a) $60,000 was set aside as a contribution to the
then wait calmly to see what would happen next.
Eenewal Fund; (b) $120,000 was credited to the Bond
Conversion Fund, being the $10,000 per month preREPORT.
RIO
GRANDE
&
DENVER
viously determined upon, and (c) $130,161 was approWe think the Denver & Eio Grande Company en- priated for the purchase of 10 standard-gauge locoEven after making all these allowances and
joys the distinction of being the first large railroad to motives.
pamphlet
report
a balance of nearly a quarter of a million
for
the
fiscal
deductions,
send out a complete
year ending June 30, though in this it antedates the dollars ($238,301) was left over on the operations of
Cleveland Cincinnati Chicago & St. Louis for the the year, which was carried to the credit of profit and
same period of twelve months by only a few days. The loss.
Besides the $130,161 appropriated from income, the
securities being so largely held abroad, the managers
simultaneous
make
a
distribution
company spent $521,714 for the purchase of 1,000
always arrange to
It is a noteworthy
of the pamphlets in this country and in Europe, and new standard-gauge freight cars.
accordingly a supply of the pamphlets was shipped to fact that in face of this large outlay equipment acthe other side on Saturday of last week. They are count in the balance sheet stands the same as in the
now due to arrive there, and hence the London se- previous year, no addition whatever to the same hav-
restoration of peace
—
curity-holders will be able to obtain copies as promptly
Except for this circumas the American holders.
stance the report could have been given out here last
week.
ing been made.
This, however, does not indicate the
inauguration of any new policy, but merely the continuance of the policy which has been pursued for a
long time. No charge has been made to cost of road
general character of the company's showing for or equipment for some years. The company found
the twelve months is of course well known. It is the means to pay for the new freight cars out of the
favorable in the extreme. Perhaps the most suggestive treasury assets which had been gradually accumulated
comment that could be made alike on the prosperity from income during the last nine years; $600,000 of
of the Denver & Eio Grande and on that of the State Eio Grande Southern 1st mortgage 4 per cent bonds
The
7
J
August
THE CHRONICLE.
25, 1900.
367
were sold for this purpose, after having first been only through adherence to this policy could ultimate
guaranteed by the Denver & Rio Grande in order to success be assured. To-day he has the satisfaction of
secure a better price for the same. The whole $521,- seeing those who most severely criticised his course in
opinions and speaking in
714, as also $36,691 for part cost of four dining cars, the past uttering changed
com- the most confident way of the value and future of the
pleting the work of standard-gauging the line between property.
We shall advert presently to the expansion which
La Veta and Alamosa were obtained by selling $252,500 of Denver & Rio Grande RR. 5 per cent improve- has been established in the traffic and revenues of the
ment bonds forming part of the investments of the company during the last three or four years. The
Such methods indicate the wonderful transformation, however, which has ocSpecial Renewing Fund.
source of the present strength of the property and curred is best shown by a comparison of the yearly
surplus above the company's fixed charges. For a
the way this strength has been attained.
number of years this surplus on the operations of the
twelve months did not vary very greatly from half a
THE CLEVELAND CINCINNATI CHICAGO million dollars, running sometimes a little above that
& ST. LOUIS REPORT
Thus, for 1894 (year
figure, sometimes below it.
The "Big Four" report comes to us much earlier ending June 30) the amount was $524,374; for 1895,
than in former years. In fact, barring the report of $526,254 ; for 1896, $566,322 ; for 1897, $368,520, and
the Denver & Rio Grande, which has also been re- for 1898, $446,702. From this at one bound the surceived this week, it is the first full report placed in our plus rose in 1899 to $1,200,098, and now for 1900 we
hands for the fiscal year ending June 30. As the find the amount up to $2,191,049, each year being
monthly statements have foreshadowed would be the treated by itself that is, not including any accumucase, the return of the company reveals a gratifying lated surplus carried forward from previous periods.
record of progress and prosperity. In the manage- Hence, in the brief space of two years this annual
was charged
off to profit
and
loss.
Funds
for
—
ment
of this property President
M. E.
Ingalls
is
dis-
tinguishing himself no less than he did early in his
surplus has increased four- fold.
Of course the country at large has been enjoying
wonderful prosperity, ensuring to the road a steadily
& Chicago, which now forms one of its component enlarging volume of traffic, and at the same time railparts.
This last-named road, it will be remembered, road freight rates have been much better. But this,
he raised from bankruptcy to the position of an as- though a very important factor in the improved reThe imsured dividend-payer.
sults, was after all only one element in it.
career in that of the Cincinnati Indianapolis St. Louis
In the case of the Cleveland Cincinnati Chicago &
St. Louis he had a much larger undertaking to deal
with.
It is, as the reader knows, a consolidation
considerable number of
of a
roads, embracing
besides the Cincinnati Indianapolis St. Louis &
Chicago, already mentioned,
the Cleveland Co-
provement would have been impossible except for the
company's policy of having through a long term of
years provided for the event of an increased business
that is, having provided new and heavier track,
larger equipment and other new facilities, without
adding unduly to capital account, and moreover havlumbus Cincinnati & Indianapolis, the Cincin- ing put the whole property in a state of efficiency
nati Sandusky & Cleveland, the Cairo Vincennes where it could handle the greater volume of business
&
Chicago,
the
the
Indianapolis
Cincinnati
&
St.
Wabash & Michigan,
Louis, and
various
other
His success here has been as striking as in the
other instance. Many of the roads taken over were
in poor condition, with their equipment old and worn
out. Under Mr. Ingalls's management the various
parts of the system during the ten years of its existence have been welded together into a harmonious
whole, road and track put in excellent condition and
the old equipment and motive power replaced with
new stock of modern make and capacity. As a result, the stockholders to-day have a property in a high
state of efficiency and which has latterly been displaying rather unexpected earning capacity.
In our review a year ago we showed what had been
accomplished in the way of improving and strengthening the property, and the systematic and persistent
way in which the work had been done. The work
took time and cost a great deal of money. Much
of the money came from earnings.
Net results
as a consequence were often disappointing, and this
lines.
—
at a
minimum
of cost.
In the three years since 1896-
gross earnings have risen
from $13,117,111 to $16,-
806,850, being an addition of $3,689,739.
In
the
same interval the net earnings have been increased
from $3,252,447 to $5,057,587, the gain here being
$1,805,140, or nearly one-half the
dition to the
gross,
which
is
a
amount
of the ad-
remarkably good
showing.
The expansion in net earnings is the more noteworthy as coincidently the policy of making heavy improvement and betterment outlays and charging the
same to expenses has been continued. The report
tells us that, as in previous years, no charges whatever
were made to construction for any expenditures upon
either roadbed or equipment.
Comparing 1900 with
1899, it is found that gross earnings increased $2,087,488, expenses were augmented $1,103,709 and net
earnings rose $983,780.
As
to the $2,087,488 increase
in gross, President Ingalls points out an instructive
fact— namely, that $1,015,314 of the amount ($782,067
in freight and $233,247 in passengers) has followed
gave rise to many misgivings as to the future. Divi- from increased rates, showing the importance of the
dends on the common stock were discontinued as maintenance of tariff schedules. Of the augmentaearly as 1894.
When
was followed in 1897 by the tion of $1,103,709 in expenses, $584,910 occurred
omission even of two quarterly dividends of li per under the head of maintenance of equipment and
cent on the preferred stock, those critics who had only $484,936 in the cost of conducting transportanever been able to see anything but failure in pros- tion. Analyzing the latter further, it is found that
this
pect claimed a fulfilment of their predictions. But
the management had been pursuing a well-defined
$124,080 of the $484,936 increase represents the enlarged amount spent for fuel for locomotives, reflectpolicy, and Mr. Ingalls knew from experience that ing mainly
the higher price of coal, while $142,095
THE CHRONICLE.
368
more
of the increase appears in the items of
damage" and "injuries
ceptional causes which
to persons," both
" loss and
due to ex-
are explained in the report.
to the $584,910 addition to the expenses for
maintenance of equipment, it is only necessary to say
As
that the company purchased and built during the year
870 freight cars, costing about $470,000, and charged
the amount directly to expenses. Furthermore the
company also completed the application of automatic
couplers to its equipment at a cost of nearly $100,000,
including the amount in expenses. The cost of two
new dining cars was likewise included. Besides this,
16 new freight locomotives were purchased for $258,000,
and the outlay charged to
All
this,
however,
repairs.
represents
only
a
fraction
of the outlays for additions and betterments paid
Besides the amounts directly
for from earnings.
charged against earn
included in expenses and
the late year made a large
separate and independent appropriation from income.
This indicates very strikingly the conservatism of the
management. We have seen that the surplus above
ings,
the company in
[Vol. LXXI.
The company's
course in excellent
finances are of
It received from the trustees of the general
mortgage $1,000,000 of bonds in re-payment of expenditures for additions, &c, and these, together with
$3,500,000 of the same bonds held in treasury, making
$4,500,000 together, were sold. The proceeds were
applied to the taking up of the $3,000,000 temporary
loan
created the
in redeeming
previous year
maturing prior lien bonds;
the remainder of
the amount received was carried into the treasury for the general uses of the company. President Ingalls nowhere makes any reference to the
change which has occurred in the ownership of the
Chesapeake & Ohio ; but that the Cleveland Cincinnati Chicago & St. Louis has acquired an interest in
that line is evident from the fact that the balance
sheet shows $2,453,569 81 as the company's invest-
shape.
ment
in the stock of the C.
&
As
O.
this
is
the cost
and not the par value of the stock held, and as the
market value of the stock has at no time been much
above 30, it is evident that the entry referred to represents the ownership of a considerable block of the
charges for the twelve months was $2,191,048. De- stock.
ducting the $500,000 required for the 5 per cent diviRAILROAD GROSS
dends on the preferred stock, there was left $1,691,048
HALF-YEAR.
which might have been applied to dividends on the
The compilations we furnish below of the gross and
common shares. Less than half this sum, however,
has been so applied, the two semi-annual dividends of net earnings of United States railroads for the six
1£ per cent on the^ common stock calling for only $839,- months ending June 30 illustrate anew how very
839, and no less than $821,566 was set aside to pay for favorable this period was for the carrying industry.
AND NET EARNINGS
FOR THE
remembered, is in Oar returns cover, roughly, 150,000 miles of road, and
addition to the 870 freight cars charged directly to ex- on thes8 the increase reaches the imposing sum of
Even in the net the
penses. Mr. Ingalls states that the company had previ- $73,730,299, or 13-72 per cent.
ously purchased these 2,000 cars, payable in instal- increase is of large amount, footing up $26,125,020,
ments through a series of years, and it was the inten- or in ratio 16*24 per cent. The totals are shown in
2,000
new
freight cars.
This, be
it
will be seen that
we
tion as these instalments fell due to charge
the following.
operating expenses, but
traordinarily good year
with figures of huge dimensions, the aggregate of the
gross for the six months of 1900 being in excess of
611 million dollars, and that of the net nearly 187
them to
having
had
the road
an exit has been deemed best to
remainder at once, and thus
any charge on that account.
provide for the whole
relieve future years from
As furnishing an indication of the increased efficiency with which the property is being operated,
we may
It
million dollars.
Increase.
1 to June 30
(177 roads.)
January
Amount.
of
PerOent
4,365
119,999
116.634
9
t
611,253,841
421,264,931
537,52 ',942
376.619,652
73,780,299
47,605.279
13*72
166,998,310
160.«73,290
26.125,020
16-24
Net earnines
Such a record
1899.
1900.
refer to the fact that while in the late year
the road moved 159 million tons more of freight one
mile than in the year preceding, this was actually
done with a decrease in the freight train mileage. In
other words, the average train load was again in-
are dealing
improvement
S'OO
$
as
12-64
the foregoing
creased. The movement has been steadily going on would be noteworthy in any event.
It becomes all
in all recent years, and it is only when the figures are the more striking, significant and suggestive when we
brought together for a series of years, as is done in bear in mind that it follows very heavy increases in
the following, that we get a proper idea of what has the years immediately preceding. Thus in 1899 we
been accomplished.
Miles Bun
by Trains.
Mile.
l, c 63,586,488 5,570,516 5-83 mills.
"
1,704,824,779 5,587,945 541
1,696,221,146 6,092,784 545 "
1,343,484,916 5,442,063 6'14 "
1,358,155,342 5,555,359 6-31
1,349,531,562 6,057,796 6-51 "
Tons One
Mile.
1900
1899
1898
1897
1896
1895
had a gain
Bate per
Ton per
Earnings
per Train Train
Mile.
Load.
$195
335
165
305
152
278
152
247
154
244
145
223
for the
months of $31,782,631, or
and of $11,242,792, or 7'78 per
six
6*50 per cent, in gross,
and in 1898 a gain of $51,151,016, or 11*73
per cent, in gross and of $17,820,328, or 14*18 per cent,
In 1897 there was a trifling falling off in the
in net.
cent, in net,
On
gross but a gain in net.
may be
the whole, results
said to have been improving since the great decrease
which occurred in 1894, succeeding the panic of 1893.
freight were moved one mile on a train mileage of Subjoined are the comparisons back to that time.
Here we
see that while in 1900 1,863 million tons of
only 5,570,516 miles, in 1895 a train mileage of 6,057,796 miles was required to move only 1,349 million
The economy of the operation is seen in the
tons.
fact that though in these five years the average rate
realized per ton per mile has declined from 6 51 mills
to 5*83 mills, the trains in 1900 earned for the company $1 95 per mile against only $1 45 per mile, the
average number of tons hauled having increased from
223 to 335 tone.
number
of roads.
Net Earnings.
Gross Earnings.
Year and
Year
Year
Given.
Preceding.
Inert ait or
Dtereast.
Year
Year
Given.
Priced ing
Increase or
Decrease.
Jan. 1 to
June
1894
1896
1896
1897
1898
1899
1900
30.
*
(179) 350.945.696 419,736.767 -68,710, 061 96.846.217 180.441.J8i -23.596.036
(177) 381,778,437 303.614,266 +13.131, 181 109,816,588 102.618,067 +7,297,471
(181) 404,420,660 386.602.871 +17.917, 778 115.717.08S IU.HL0.497 +4.136,586
(179; 134,376.198 136.110,283 -1,734, 031 121,799.000 118,038.192 +6,760.803
(186) 487,278.197 136,122.181 +61.151, 01C 113.511.617 123,691,289 +17,820.328
(172) 520,668,717 188.776.086 +31,782 631 156.806.629 144,663,837 +11.842,798
(177) 6U.263.241 537,622,942 +73.730 899 188.993.810 I<i0.-<7S.290 + -(1.125.020
August
369
SUMMARY BY GROUPS.
in our review of the gross earnings
for the half-year in our issue of July 14, a very note-
Net Earnings.
Gross Earnings.
Section ob
worthy circumstance in connection with the great
Group.
1899.
1900.
1900.
improvement for 1900, which makes the six months Jam,. 1 to June 30
Eng
(7)
19,933,388 18,677,390
rank among the very best in railroad history, is that New
Trunk linos. (16) 183,958,440 158,657,771
the expansion occurred in face of a falling off in the
movement of those two leading staples, cotton aiid
The cotton crop
grain.
6
.
THE CHRONICLE
25, 1900.]
As we showed
2
..
.
known, was
grain, while it would
of last year, as
is
In the case of
hardly be accurate to speak of a shortage (though the
1899 wheat yield fell much below the phenomenal
product of 1898), the grain movement of 1899 had
been of extraordinary magnitude and the total for
decidedly short.
Anthr. coa)..(12)
1899.
5,864,080
65,992,583
68,809,820
53,684,666
20,187,109
17,623,649
5,675,335
Mid. West'n.(40)
North west'n (13
South west 'n(2D
44,036,482
84,433,416
51,375,191
37.281,715
12,760,465
76,518,302
26,650,511
Pacific Coast(12)
68.293,783
63,565,255
16,670.357
Southern.... (31)
12,243,440
46,134.734
17,800,112
60,646,870
25.135,596
55,887,097
18,916,152
6,460,033
14,111,748
Increase.
6,483,189
—119,109 2-17
44,667,573 +11,326,010 25*36
7-62
11,377,029
+886,411
4,776,350
+898.P85 18*82
11,267,052
25,169.142
13,885,650
22,074,162
16,217,278
.
6,365,880
+1.493,416
+1.491,366
+8,914,462
+2.461,444
+2,678,879
+1,094.163
Total.(177r'ds) 611.253,241 537,522,942 186,988,310 160,873,290 +26,125.020
13*25
5-93
28-19
10 86
16 53
20*39
16-24
for the above groups is as follows: New
England, 3,632 miles against 3,085 miles in 1899 Trunk lines, 25,480
against 25,021 Anthracite coal, 5,807 against 5,813 Middle States,
3,877 against 3,723
Middle Western, 13,097 against 12,539; Northwestern, 29,320 against 28,801 Southwestern, 19,617 against 19,176;
Paciflo Coast, 23,629 against 22,418 Southern, 20,920 against 20,644;
Mexican, 4,620 against 4,414 grand total, 149,999 against, 145,634.
Mileage.—The mileage
;
1900 did not quite come up to it. The further large
expansion in the revenues of the railroads followed,
therefore, from the continued activity of trade, yielding a volume of traffic far in excess of that of any
The improvement continued throughout the whole
previous year, and in connection therewith there was
of the six months, as will be seen, from the following
the additional favoring circumstance that rates were
record of the monthly totals.
The ratio of increase
very much better, tariff schedules being in many
fell off, however, it will be observed, towards the close
instances higher and being practically everywhere
of the half-year, one reason for this being that in June
quite rigidly maintained. Business prosperity had
of last year the gains had been of exceptional dialready begun to wane before the close of the
mensions.
half-year, but the improvement in the rate situation
GROSS AND NET EARNINGS.
was not checked; indeed, the advances on bituminous
;
;
;
;
;
;
One
coal did not go into effect until April.
idea of the important part played by better rates from
the statement of President Ingalls, in the report of the
Cleveland Cincinnati Chicago
&
St.
Louis ER., that
out of the gain to that road of $2,087,488 for the
twelve months ending June 30, $1,015,314 is to be
ascribed to that cause.
Another element
of advantage
which existed the
present year should not be overlooked.
Net Earnings.
Month
1900.
1899.
Increase.
P.c.
1900.
1899.
Increase. P.
$
$
$
$
Jan... 83,695,174 71,503,381 12.191,793 17-05 25,599,845 19,908,767
Feb... 78,103,708 65,071,070 13,032,63-* 20-03 22,363,523 16,315,634
March 87,842,142 77,925,845 9,916,297 12-73 27,866,228 24,729,944
April.. 83,291,682 72,956,046 10,335,636 14*17 24,184,618 21,175,362
May.. 87,306,632 77,882,171 9,424,461 12-10 25,996,058 24,270,457
June.. 74,158,671 65,860,591 8.298,0^0 12-60 22,943.996 20,508.215
$
C.
$
5,691,078 28-59
6,047,889 87-07
3,136,284 12-68
2,959.256 13-97
1,725,601
7-19
2,435.781 11-83
Note.—The number of roads included in January was 117; in
February 129; in March 132; in April 133; in May 135; in June 104.
The winter
was exceedingly mild, while on the other hand comparison was with unusually severe weather in 1899,
that year having been distinguished for the blizzard
which occurred in February, and for the generally bad
meteorological conditions which prevailed during the
whole of that period. This will account for the very
substantial gain in the net which has been established
in 1900, notwithstanding the increased cost of fuel,
materials, etc., to the railroads.
Gross Earnings.
gets an
For the separate roads we have a very imposing
list
of gains, the Pennsylvania Railroad leading with $11,-
360,500 increase in gross and $4,511,000 increase in net,
merely the lines directly operated east
and west of Pittsburg, and not the whole system. In
the following we have brought together all changes,
whether gains or losses, down to $100,000. In the
gross there is not a solitary loss for that amount,
this covering
while in the net there are
eight decreases in excess of
be observed
that figure. These decreases, though, reflect chiefly
from the annexed statement that when arranged in
heavy outlays for improvements and betterments.
groups the ratio of gain in net is large in [the case of
PRINCIPAL CHANGES IN GROSS EARNINGS FOR 6 MONTHS.
all but three of the groups, and that in only one instance
is
is
there a falling
New England
the
off in
It will
the net.
The exception
group, and there the augmenta-
tion in expenses has no significance, since the roads in
that section notoriously have only one guiding principle in
the matter
of
regulating their expenses,
Pennsylvaniat
$11,360,500
Baltimore <fe Ohio
3,926,224
Atch. Top. & Santa Fe.
3,278,012
Illinois Central
2,516,068
Southern Paciflo Sys.. 2,406,334
N. Y. Central.
2,312.414
Leh. V. RR. and L.V.C.
2,304,559
Ohio. Burl. & Qulnoy .
Northern Pacific a...
Southern Railway
LouisviUe & Nashville
L. Shore & Mich. So.
namely to augment the outlays for betterments and
improvements whenever the gross receipts are grow- Mexican Central
Reading
ing. The Northwestern group also would show a much Chic. & North. West a.
Canadian Paciflo
heavier ratio of improvement, except that the Milwau- Erie
Chic R. I. & Pacific..
kee & St. Paul, which has been making very liberal Ohio. Mil. & St. Paul..
Norfolk & Western....
outlays of that
.
description, reports a decrease in net
of over half a million dollars.
While the New England group has a slight loss
in net, every group without any exception has an increase in the gross.
It is a noteworthy fact that the
same thing was true
and the year before,
so that for three successive years each and every
group has been marked by an improvement in gross.
"We Bhow below the comparison with last year for all
of the
ticle
different
we
give a
also last year
groups.
At the end
detailed
exhibit,
same way, and showing the
separately.
of
this
classified
figures
ar-
in the
for each road
Dnion Pacific
Olev.Cin.Ohic.&St.L.
Mich. Cent. & Can. So.
Buff. Roch. & Pitts....
Boston & Maine
Wabash.,
Chesapeake & Ohio...
Hooking Valley
Orand Trunk System.
Northern Central
Rio Grande Western.
Central of New Jersey
Mexican National
Denver & Rio Grande
Minn.St.P.&S.Ste.M.
Delaware & Hud. Co..
Kan.C. Ft.So.&Mem..
Lake Erie & West
Phil. Wilm. & Bait....
1 ,946 ,5 1
1,886,581
1,854,680
1,741,273
1,723,250
1,610,540
1.539,631
1,523,671
1,479,436
1,492,625
1.392,679
1,318,059
1,267,978
1,235,641
1,191,027
1,014,000
937,575
875,936
796,480
782,634
772,69*
758,216
651,700
623,009
618,132
585,135
531,357
481,887
463,595
445,593
44 4,699
444,100
Sav. Fla. <& Western a
Mo. Kansas & Texas..
Pere Marquette
Duluth & Iron Range.
Mexican Internat'l....
Pitts. & West'n Sys...
Nash. Chat. & St. Louis
Chicago Great West..
Colorado Midland
Toledo & Ohio Central
Choc.Oklahoma&Gulf
St. Louis & San Fran.
Cin. N. 0.& Tex. Pac.
&
Louisv.a.
Chic. Ind.
Bait. & Ohio Southw..
Peoria & Eastern
Central of Georgia
a..
& East Illinois..
Duluth So. Sh. & Atl..
Allegheny Valley
W. Jersey & Seash....
Gr. Rapids & Ind. Sys.
Yazoo & Miss. VaU...
N. Y. Chicago & St. L.
Ohio River
Boston & Albany
Bangor & Aroostook..
WestN. Y. &Penn....
Elgin Joliet & East'n.
Chic.
Kan. C. Mem.& Birm..
Ga. Southern <fe Fla.
.
& Mackinac...
Terre H. & Ind'polls..
Fitchburg
Clev. Akron & Col
Detroit
$428,582
422,309
407,833
407,6 1
396,235
382,081
34^,630
331,890
323,062
322,761
311,232
308,506
298,488
285,215
282,656
274,338
268,675
250,325
206,505
192,588
176,900
174,111
161,179
150.S5S
148,768
138,085
131,348
131,177
129,040
128,631
127,276
116,613
104 596
102 '?R
102,510
Total (representing
$71,012,260
93 roads)
Covers lines ^ireotly operated east and west of Pittsburg and Erie.
lines increased $7,672,4.00 and on western
lines $3,688,100
a For five months to May 31.
t
The gross on Eastern
..
.
a
.
.
THE CHRONICLE
370
EARNINGS FOB 6 MONTHS.
Increases.
Increases.
Pennsylvania,!
U,51 1,000 Denver & Rio Grande.
$ 1 89.132
PRINCIPAL CHARGES IN
Union
Pacific
Buff. Boch. & Pittsb'rg
Hooking Valley
Cleve.Cin.Chic.& St.L.
Delaware
Hud.
<fe
Co..
Kan. C. Ft.
Mo. Kans.
3,230,927
2,850,361
1,243,781
1,116,220
1,046,241
1,005,959
991,508
736,301
683,310
588.895
438,109
437,847
434,666
80.
&
& Mem.
Texas...
& Quin
Oklah. & Gulf..
Choc.
Chesapeake & Ohio...
Central of Georgia a..
St. Louis & San Fran.
Pere Marquette
Chic. Indpls & Louis, a
Toledo* Ohio Cent...
Duluth 80. 8h. & Atl..
N. Y. Chic. &
Long Island
St. L....
4=>5,225
Southern Railway
Reading....
372.304
857,852
339,500
335,075
331.478
330,007
325,894
318,230
299,463
284,266
263,879
255,694
219,782
205,785
196,119
193,130
190,994
Illinois
& Nashville
Northern Central
Minn. St. P. & S. Ste. M.
Fitchburg
& Pacific...
Central of New Jersey
Nash. Chatt. A St. L..
Lake Erie & Western
I.
.
Mexican National
Sav. Fla. &, Western o
Canadian Pacific
Rio Grande Western..
Pitts. & Western Sys..
Colorado Midland.
Southern Pacific Sys..
Peoria & Eastern
t
.
187,481
186,122
161,112
142,097
139,916
138,594
137,158
132,911
130,163
126,174
118,158
116,443
115,907
112,275
111,489
Chic. Burl.
Erie
Louisville
Central
Total (representing
64 roads)
$26,834,934
Chic. Mil.
&
$547,752
253,807
246,322
232,792
148,971
111,267
103,258
103,203
St. Paul..
West N.Y.& Perm....
Boston & Albany
Boston* Maine
Wisconsin Central a..
Del. Lack. & Western.
Colorado & Southern.
IowaCentral
Total (representing 9 roads)
$1,747,372
Covers lines directly operated ea3t and West of Pittsburg and Erie.
lines inoreased $3,760,000 and the net on Western
lines increased $751,000.
five
The
months
to
following
May 31.
half year referred to above.
EARNINGS OF UNITED STATES RAILWAYS JAN. 1 TO JUNE 30.
—Net.
cross
1900.
New Enoland—
9
Bangor & Aroostook
618,189
Boston 4 Albany.b
4.682,168
Boston 4 Maine. b ... 10.400.710
Bos. Rev. B'k & Lrnn.
159,748
Bridgton 4 S. River..
18,420
Cent'l New England..
312.0 18
i2
9
486,821
4,544,073
9,524,774
126.604
16,026
3S9.851
3,639.841
1900.
*
210.913
1.209.945
8,580.264
20,636
4,874
65.181
1,262,267
(7 roads).... 19.933.388
18,677,390
5.364,080
.
.
.
Fitchburg.b
Total
3, 742,1
1900.
Trunk Lines—
Peoria
Erie.a
4
& St.L.a
Eastern.a.
Grand Trunk
Det.Gr.H.4 Milw..
Lake Sb. 4 Mich. So.b
A
Pitts. C. C.
1)319,422
1)57.428
1)40.394
12.728,382
11,005,132
7,156,000
5,044,730
1,762,000
9,741,753
757.570
12,243.350
7,241.000
r3,151,372
2,011,092
3,800,949
1,762,000
8.735,794
641,127
8,483,350
6,490,000
r563,9l9
rl,85S,059
1,997,669
55,992,583
44,167.573+11,395,010
1900.
Delaware & Hudson—
Renss. & Saratoga.b
N. Y. A Canada.b ...
Albany A
Susq.b..
.
.
Del. Lack. A West...b
Syra. Bing. A N. Y.b
Lehigh Valley RR.a..
Lehigh Valley Coal.a.
N.Y. Gnt. A VVest'n.a
$
7,389,591
1,186.911
515,141
2.34 1.631
3,412.827
463.3E6
12.122,264
8.516,265
2,285,033
v970,207
1899.
$
6,771,459
1.103.235
447,449
r836/43
1900.
$
2.881.103
S26 044
851 009
1,809,644
+ 190,994
3.591,667
3,333.621
+456,225
+58,399
3,340,577
1,503,521
448,925
197.950
10,376,270
1.605,070
7,957,700 def.456.2P3
2,200,518
836,130
2.02M54
1)932,001
t>8,98P,929
1)9,037.149
1)387,621
t)3,61i\204
1)476,133
1)388,413
1>3,237,891
1)176.189
Total (12 roads)... 59.S09.820
63,884,666
12,243,440
11,377,029
1899.
1900.
1899.
A
Coal A
Phila.
Middle StatesAdirondack. a
Allegheny Valley.b...
Annap.Wash.ABalt...
Baltimore & Lehigh...
Bath A Hammondsp.
Belief out e Central, a.
Buff. Roch. A Pittsb.b
ASusquehan.a..
Cent. Penn. & West 'n
Cornwall A Lebanon..
Cumberlan Valley.b
Lehigh A Hudson. b...
Buff.
1
Long Island. b
Newb. Dutch. & Conn.
Northern Central. b...
Phila. Wilm. A Balt.b
Stony CI. A Cat. Mts.b
W. Jersey &
Seasb.b..
West. N. Y. A Penn.b
York Southern. b
Total (20 roads)
.
.
.
1900.
$
89.666
1.636.751
?28.548
86,027
10,830
9
$
9
+369.067
—92,497
—18.770
+10-.465
— 1»6,098
—73,763
«+5,«0S
D+272.310
1-99,994
1)
+898,411
1)10.700
1)2.890
li%647
1,358
7,387
3,oll
r-9,789
tf2,006
2.734,063
293.682
12,166
153,837
466.907
224,514
1,951,621
71.261
3,799,894
6,439,111
10,482
1,401,152
1.729.376
42.774
58,503
10,907
Dll.701
1.796,488
352.492
1«,395
107.832
410,823
223,871
1,907,146
65,173
3,148,191
4,995,011
11.234
1,224.252
1,593,199
37.200
1,243,488
111.677
651,693
123,206
def.398
66,827
156,316
112,970
443.126
11.933
139
—537
'4
+1,708
+13.442
20.187.109
992/84
1.486.960
def.4,817
234.032
228,315
65,1
112,904
112,003
332.219
9,205
653,284
1391,860
63S
12.7137
S71.033
482.122
10.126
17.5J3.649
6.879,335
4,776,350
1899.
1000.
1899.
$
781.171
2.217,571
Dl.838,160
$
9
139.171
360.584
8 2,661
165.510
44.815
161.764
893.3)2
316,050
1)19.582
850,406
V33.544
32.765
141.012
353.K27
51.978
801,240
1)6.315
1)def,5,041
2,207,574
16.231,003
1.434,881
13,714,936
673.682
4.220.195
435,578
4,108,918
Iowa.b.
*490,906
36,290
1)125,181
1)178,614
1)186,297
Kanawha A Mich. a...
Lake Erie A West'n.b
27.601
816.24 S
1.801.670
11.460
85,096
828,502
82.169
1S9.931
def 17,747
3<-6,298
Manistique
Ohio Southern.b
+18,670
t'lfl.069
1)20,397
074,948
2,248,369
64.194
102,954
1)187,984
12,281
818.224
4 Maretta.a
Wayneeb.4 Wash.
Cin. Leb. A Wor.a..
Tol. Peo. A West.a.
St. L. Van. 4 T.H.a
E. St.L. 4Carond.a
T.H.4 Logansp't.a
Cleve. Akr. 4 Col. a.
Cleve.
NewD.4
Cin. B'ge.a
Louisv Bridge Co.a
Pere Marquette.a
Pitts. Lisbon 4 West.
Pittsburg 4 West'n,b
T.
T.
89.781
48.474
529.039
8.629
110,098
+9d3
+115,907
+2.728
+339,609
+93, 100
-5,468
+13.000
— 25.1,807
+2.642
1900.
Northwestern—
C. Rap. 4 No.a..
Burl.
Chic.
Chic.
Chic.
Chic.
Chic.
$
— 34.959
+40.887
v¥ 130.163
V —20,662
+11.880
+10,753
+8t»,625
—12.197
+11,804
1)
1-11,359
+438,109
+111.189
-8,688
+32.207
+36,622
t>
+299.163
+88.540
+89,638
s
237/95
r23/ll
rl0.539
1-56.782
405. 75
1
60.512
38,8')0
40.447
12..582
23,635
126,489
238,574
33,478
15.H01
89.176
75,405
49,886
820.873
88,8-33
37.281,715
Cent.a
1)24.194
r3 13.943
37/83
Total (40 roads)... 44,036.492
4 Ohio
9
33.^24
645,857
994.161
8>,238
413.645
611.214
1,987.631
779,927
230,436
1,222.181
Haute 4 Indianap.
Haute 4 Peoria....
1899.
I
2,165,674
1890.
9
r3 56.015
r20,539
r7.535
r58,814
410,903
1)6,140
365,597
12.760.489
11,267.052
+1,493,419
1,390
1900.
1899.
$
9
778,108
477,557
213,743
492.925
1,109,323
118,344
Wisconsin Central. b. vZ 094.5fc6
t)593,403
706,137
359,3^9
316,951
430,871
774,248
113,832
1742,874
Total (13 roads)... 84,433,416
76,513,302
26,660,611
25,159,142
18f9.
19,425, u 63
1,139,634
1,107.082
2,043.879
4,928.725
728,394
223.284
192,307
828,402
784,020
1,804,507
4,397,368
725.395
234.677
216,126
Cent.. 1)1,339,161
1)1,268,497
Choc. Oklah. A Gulf.b
Colorado Midland
Colorado Southern.b.
Denv. A Rio Grande, b
Ft.W. A Denv. City.b
rt.W. A Rio Grande.b
Gila Valley A North..
Hous.
4 Texas
K. C. Ft. 8. 4 Mem.a..
Kan. City Northwest.
A
8an. An. A Ar. Pass.b
Ban. FePres. APhr..
Texas Central.a.
Total (21 roads)..
1900.
9
9
1)58.091
«173,729
882,381
2.768,779
181,883
5 505,148
243.139
252.627
3,828.792
2,685.357
2,323,186
150,161
5,082,839
174,900
1)722.310
1)962.037
507.771
165.832
130,391
51.375,191
45,134,734
17,800,112
1899.
S
12,688.382
10.709
6.877.947
6,290
1900.
Pacific Coast—
9
Canadian Paciflc.a.... 14,167,793
Nevada Central
16/70
Northern Pacific b.... 1)10,985.077
Bio Grande West'n.b. 2.249,252
425.003
Ban Fran. 4 No. Pac.a
29,977/68
Southern Paclflc.b.
Gal. Har.4S. An.b. r2. 560.491
r669,l35
Louisiana West'n.b
M'gans La. 4 Tex.b. r2,74 2,727
rl09,293
N. Y.Tex. 4 Mex.b.
Texas 4 N. Orl'ns.b f880,358
225.650
3,620,286
2,622,727
443/65
t'9,038,496
1,626,243
414,352
27,571.524
r2,350.257
1898.
def.2.867
6.617/37
Ddef. 6,663
285,558
114,088
500,700
1,515.886
148.807
84,288
149,163
1)159,240
694,850
21,411
25,146
1,25U,045
1,145,167
72,941
52,470
106,412
109.383
1,488,186
1,351,028
735.699
818,323
vdef.6.767 vdef.19,300
278,318
210,719
36,333
27,685
1900.
13.885,650
1899.
9
9
1)5,261,023
839,3rf0
+69,651
+161.112
+92/94
-547.752
+330.007
1)4,393.563 D+1,048,241
9
def.7,778
9.397,898
v def. 13.079
407,619
310,207
897,442
1,705,018
131.927
66,492
111,216
Inc. or Dec.
$
66K.715
6,980,092
886,577
6.843,565
3.042,278
1)5,439,8)4
60,938
+660
678.318
183.773
872
239,423
1.338.757
1,035.782
1.01\2'18
1,259,112
1.9 11.935
608.227
l)L99e.732
1900.
1
1)4,845
1)14,629,494
Southwestern—
9
Arkansas Midland.b..
48,926
Atch. Top. 4 8. Fe.b.. 22^01,880
Austin A Northwest.b
Dt!2.779
r—32
—35,728
-3.419
-6.951
+23,034
+3.590
+2.820
+4.795
—38.984
+7.765
—80.62
—44,969
784,103
229,382
639.366
7.141,201
978.641
6,295.803
8,372.285
.
r-t-3,o04
+1,684
+132.911
D-1.495
+205.785
+45.589
+1.018
+126.174
2,895,793
1 T .980,284
9.60J,053
t
r+3,372
25713
20.077, iS I
2,
t
r— 42.079
78.221
134,144
74,745
48,202
887,962
Burl.
4 Quin.b.. 22. 023,743
3, 227,433
Mil. 4 St.Paul.a 19 .298.343
Rock I. 4 Pac.a I0 991,732
4 No. West.b... 1)16, 153,163
Duluth 4 Iron Range 1 746,373
Duluth So. Sh. 4 AU
1 242,287
Iowa Central. b
1 ,081.888
Minneap. * St. L.a... 1 315.899
Minn. St. P. 4 8.S.M.. 2 89->.><22
St. Jos. 4 Gr. Island.
643,390
Inc. or Dec.
63.911
45,757
17.413
8.992
20.815
121.694
277.538
Great West'n.b.
+71,921
+118,158
—103.208
+62,554
+335.075
.+4.512
ti
-148.971
+1,491.389
Inc. or Dec.
9
-4.911
+2.850,361
d—9,416
+142,097
+196,119
—103.268
+189.132
-19.880
—17.796
—37,917
v+14,189
+187,481
+3.735
+189.122
+20.471
+2.971
+137.158
+82,824
v+12,533
+67,599
+8,748
+3.914,462
Inc. or Dec.
9
+266,694
+7.842
1)4,144.803 v+1,116,220
619,608
+219,738
108.51K
—14,634
6,022.253
def.1,552
rl,632,s74
So. Pac. of Ariz.b.
r86l.4"8
So. Pac. of N. Mex.b
So. Pacific of Cal.b., r7.041.349
10.531,825
Union Paciflc.a
r2.816,3l7
rl02.669
r798.0)8
rl 454,500
r821,501
r5.9o3.l29
9.299,184
93.984
9,487.672
r269,014
rl58,638
r726.699
r3t,»83
T253.268
r768,087
r457,619
f2,517,344
4,189,290
r27.625
r308,322
r532.883
r446,756
rl,904.229
3,485,980
r-S3,939
r-270,892
r+7.458
r-55.054
r+225,2J4
r+10.818
r+818,115
+683,310
Total (12 roads)... 68.293,783
60.645,870
25,135.596
22.674,152
+2,461,414
•
.
rSx7/25
1900.
1899.
Ala. Gt. Southern.a...
Alabama Midland.b...
9
990,288
896,602
269,695
t>405.054
1)320,878
t'72,012
.
193,130
179,848
297,675
42,442
103.047
d-9.909
Southern Roads—
Atlan. Knoxv. 4 No
Atlanta 4 W. Point. b
34°, 563
1)275.976
Central of Georgia.a.. 1)2,611,256
Brunsw'k 4 West'n.b
4 Savannah, b..
Chattanooga South.a.
Chesapeake 4 Ohio.a.
Cin. N.0.4 Tex.Pac.a
Col. Newb. 4 Laurens
Gadsd. 4 Att. Union..
Charl.
Georgia.a
Georgia 4 Alabama. a
Ga. Southern 4 Fla.a.
Kan. C. Mem. 4 Bir.a.
Lexington A East'n.b
D357.C54
49.291
6,538.774
2,518.967
89,589
7.183
824,820
615.476
694,613
853.528
170.417
807.747
Louisv. Hen. A St.L.b
Louisv. A Nashville. b 13,614,959
Macon A Birmingham
Nashv. Chat. A St.L.b
Norfolk A Western.a.
Ohio River. b
40/38
3.232.910
7,154.610
637.2W)
U438..307
Rich. Fred. A Potom.
Sav. Florida 4 West.b vl.993,829
1>122,312
8i!ver Sp.Ocala 4 G.b
Southern Rallway.a.. 15,898.-16
894,382
West'n of Alabama.b.
WVa.Cent.4 Pittsb.. i'592/67
79,694
Tennille.
Wrlghtsv. 4
Yaioo Val. 4 Miss.a.. S.813.440
TotaHSl
roadi)... 63.655.255
1-898,985
Inc. or Dec
r31,581
r286.926
1.901.448
29U.176
111,198
336.989
52,827
97,588
615.815
1,087.737
93,461
434.04 4
613.72 V
90,050
140,098
3,843,845
rl.353.219
r69,7*0
r27,65l
T276.677
1,727,337
263,601
100.597
271.010
137,376
3,436.012
D18.766
1,605.550
675,231
180,655
899,419
-1-17,029
-4 588
—43.199
D+7,810
+8.280
-1.855
D+4,783
+6-8,895
—11,629
1)483,497
t>306,7J5
Iron.b
+13,423
26,699
625,921
t>>53,660
1)286,233
4
r -1-293,333
v:2.111
828,908
978,744
111.
+1.760.000
+751.000
r+269.929
Inc. or Dec.
9
161.950
l,"I9.13l
Indiana
+1,00\959
+116,448
477,722
Middle Western—
$
84".6")5
Arbor.b
Cnic.A East Illinois. b 2,468,390
Chic. md. & Louisv.a. i>1.6~3.875
Chic. Term'l Transp.b
t>500,281
172.570
On. Portsm'b A Va.b
477.177
Detroit A Mackinac.a
991 .704
Elgin Joliet A East.a.
157,543
Evansv. 4 Indianap..
HocklngValley.il
— lO.Oro
91,197
Ann
Illinois Central. a
+1.243.781
1,444.163
1900.
Evansv. & T. Haute.
Find. Ft.W. 4 West.b
1-17,038
1)
1899.
Inc. or Dec.
%
$
2.555,209
+325.894
277,474
153,277
827,584
1,571,018
246.720
1.495,605
def. 280, 197
708.H99
175,306
1.198.651
+53.980
+437,847
225/79
& West.a.
Reading.b... 1)10.699,751
Iron.b
d8.916,95S
N. Y. Susq.
Inc. or Dec.
$
+3.230,927
1)364.508
Total (16 roads). ..153,958.440 153.657,771
Cin. R.4Wayne.a
Total. a
..
Cin. 4 Musk. Val.n.
Pitts. Ctiar. A Y.a..
St. Louis
S. Fran.b.
St. L. Sonthwestern.b
8,130,141
1,198 318
17,989,218
10,109.657
3.162,868
33,148,911
22,090,000
r2.l71.14l
r8.116,259
6,994,862
Traverse City. a...
1900.
1899.
9
Indiana, a rl,50\l69
Mus. G. R.4 Ind.a
r79,772
-119,10
$
E... 40,821,311
25.778,100
r2,634.608
St.L. a r9/83,514
7,791,332
—
1899.
9
4
Mo. Kansas A Tex.a..
Rio Grande Junct'n..
Rio Grande South'n.b
2,904,480
23,713/68
G. Rap.
-40.031
+331.478
$
&
Anthracite Coal
Cent, of New Terseya
5,483,189
+72,233
—246.322
-232, "92
—4,894
+1,209
6.13d,407
904,989
2.247,491
416,873
4,046,832
3,392.020
West Pitts. & Erie..
Phila. & Erie.b
Wabash. b
3.665
95.202
9J0.789
Inc. or Dec.
9
$
.
P.
1900.
$
16 -<,680
1.453,267
2,813.056
25,530
13,896.123
3,177,437
6,936,114
924,010
16,446.593
9,661,441
Mich. Cen.&.Can.So.a 8.170,000
N. Y. Cen.AHud.Rb 26.031,282
N. Y. Chic. A St. L.b
3,313/21
Penn.-East
1899.
1899.
$
Baltimore 4 Ohio.b... 17,82i,347
B. 4 O.Southwest'n.b 3,4B0,093
Clev. Cin.Ch.
18fc9.
MiddU West —(Con.
Pennsylvania Co.—
statement for the
the detailed
is
—Net.—
-Cross.—
1900.
•
Toledo
Decreases.
The net on Eastern
a For
[Vol. LXXI.
NET
i
Baltimore & Ohio
Atch. Top. & Santa Fe.
Lake Shore & Mich. So.
Northern Pacific a
Chic. & Nor. Western a
N. Y. Central
Norfolk & Western ....
Mexican Central
Ohio. R.
..
1900.
Mexican Roads Mexican Ceotral
Mexican Internat'l...
Mexloan National...
Mexican Northern...
Mont. 4 Max. Gulf...
Total
(6 roads)....
9
1900.
9
9
1)251,156
Dt.842,581
1)330.828
38,200
6.761,140
2,220.179
79,2«4
4.287
775,906
683,820
467,237
724,891
113.682
278.916
11,873,636
30.814
2/83,280
6,888,832
48*,478
v378.U5
1)1.586.247
1)133.220
13.411,0:^
323.8P3
V5I5.639
68,116
2,152.281
65,297,097
def.'9,l03
1.895.691
C16 413
18,910
2.5P8
941,919
169,189
127,819
257,756
66.602
80,336
4,215.688
def.*,0l4
1,102,108
2,803.205
198,467
»20O,141
1)664/44
071,710
•3,971,822
110.900
3,857/31
def.S.420
783,874
1.811,697
171.265
V176.744
t'3'0.765
1)82,197
t)+138,694
1)
-1-11,938
—2,716
+13n,918
—98.934
-2,411
+1,183
+13,994
+63,736
+18,833
+70/8S
+81,222
+3,192
+357/62
-2/P4
+318,230
+991,508
+27.202
d+23.397
r+261/79
18.916,162
16,217.273
+2,698.979
1900.
13ili).
3.85M.647
113.526
1999.
9
9
r365,059
838,873
rllO.128
180.428
16.670/67
14,111.748
6.480,083
Grand total, 177 rds)811,253.241
def.9,388
1,76=\776
715.347
21,321
1.418
227.H25
105,453
108,989
186,873
35,380
76.844
+21.086
f+66.165
+10,715
+5,435
v+42.903
D174.6S8
16,«83
656,443
097.703
1)260.427
1)47.006
1)563,732
t'93.043
Inc. or Dec.
9
82,823
590,449
»222,178
8.140,078
1.083.210
1,946.876
4.061,228
1899.
241.8C9
1>1S547
31,727
97.612
+198.13<1
r— 203,237
e-10,787
+112,275
+8,376
e+47.610
+6,809
+34.008
7,889.434
8,t76,793
S.475,001
2/7i,027
r997.5m
9
i>702,326
1)104.981
9
8,079.974
9,291,512
r!72,261
r 242,977
Inc. or Dec .
114,267
+736.801
+67,939
+284,«8«
D-00.609
+88.156
6,866/80
+1,094,163
2.103,772
1,016, 3"8
1.681/09
V 170.924
637,522,912 188,998,810 160.873,890 +88.125.020
Net earnings here given are after deducting taxes,
a
b Net earnings here given
are before deducting taxes.
v Figures and comparison for this road are for
June returns not being ready yet.
five
months ended May 31, the
r Not counted In footings, because included In earnings of the system und«r
ivhich this road appears.
,
August
THE CHRONICLE.
25, 1900.J
ITEMS ABOUT BANKS. BANKERS AND TRUST CO'*
37'
new Corn Exchange
cost of the 60 shares of
stock to be re-
or exactly $275 per Bhare.
week were limited to four ceived $16,500,
The Pittsburg Trust Company of Pittsburg, Pa., is to intransactions— sales of 30 shares at the Stock Exchange and
capital stock from $600,000 to $1,000,000, by the
of 24 shares at auction. The sales of trust company stocks crease its
additional shares. The par value of the shares
of
4,000
issue
aggregate 87 shares, all sold at auction.
market value is over two and a-half times as
but
the
is
100,
Last Previous Sale,
Price.
Banks—New York.
Share*.
Aug. 1900— 337i«
338-339
*20 City Bank, National
much, 275 being bid for the stock and 300 asked. The new
July 1900— 349
345
*10 Corn Exchange Bank
Apr. 19C0— 181
185
stock is to be sold for $250 a share, so that the company will
24 Irving National Bank
Tkust Companies— New fork.
realize from the $400,000 a full $1,000,000 in cash. The $600,Aug. 1900— 204%
202%
20 America, Trust Co. of
0—
June
190
201
Trust
000 premium realized will be added to the surplus account,
Co
67 North American
203H
making the total of the surplus and undivided profits, it is
* Sale at the Stock Exchange.
stated, not far from $1,000,000, the same as the amount of
—Saturday, September 1, will be a sort of dies non in
stock after the present increase. The company has been
down-town business circles. It is the Saturday preceding the
successful, and has recently added a savings departvery
Labor Day, which comes on Monday, September 3, and
The increase in capitalization and surplus is made
advantage of the opportunity ment.
—The sales of bank stocks
many
business
this
men are taking
way a three-days'
—
for the purpose of providing for the expanding business of
President, C. B. McVay; Vicethe bank. The officers are
President, J. I. Buchanan, and Secretary and Treasurer,
The Governing
Committee of the New York Stock Exchange has approved
the petition of the members of the Exchange in favor of
making the Saturday referred to a full holiday, and accordingly the Exchange will be closed from Friday, August 31,
to Tuesday morning, September 4. The Cotton Exchange
capital of $250,000, to be
has also voted in favor of a similar proposition.
Bank
to get in this
holiday.
—The programme of
the Twenty-sixth Annual Convention
of the American Bankers' Association, to he held at Richmond, Va., on October 2, 3 and 4, has been issued in handsome form this week, and we have been favored with an
early copy of the same. The feature of the first day's proceedings will be addresses by Gov. Hoge Tyler, of Virginia;
Mayor Richard M. Taylor, of Richmond; Virginius Newton,
President of the Richmond Clearing House Association, and
Walker Hill, the President of the American Bankers' Association. On the same day the reports of the various officers and
committees of the Association are to be presented, beginning
with that of the Secretary, Mr. James R. Branch. On the
second day there will be a call of States, in which statements,
limited to five minutes, will be made by bankers on the con-
:
Charles H. Hays.
— A new bank has been organized
of Indianapolis.
in Indianapolis, with a
known as the American National
The bank, however, is not to begin
of the year. Mr. John O. Perrin of
business until the first
Lafayette is to be the President of the
new
Mr.
Perrin is at present the Vice- President of the Perrin National Bank of Lafayette and also President of the Indiana
institution.
Trust & Safe Deposit Company of that city. He is to sever
his connection with those institutions and to remove to
Indianapolis and devote all his time to the affairs of the new
bank.
—The contemplated decrease in the capital of
& Deposit Co.
Trust
of Baltimore
from
the Citizens'
$2,000,000 to $1,500,-
columns in our issue of July 21, has
been effected, a certificate to that effect having been recorded on the 17th, It will be remembered that some time ago,
when prices of Baltimore trust company stocks were very
dition of business in the various States. There will also be much depressed, some of the large shareholders purchased
a discussion of practical banking questions, limited to thirty 5,000 shares at a low figure and offered to turn the whole
minutes for each topic. Besides this, the Hon. Ellis H. block over at cost, with the understanding that it be canOn August 13 the stockholders approved the purRoberts, Treasurer of the United States, has consented to celed.
deliver an address on " The Treasury and the Money Market." chase, and the cancellation has accordingly taken place. The
On the third day, Thursday, October 4, there will be ad- price paid for the $500,000 stock was, it is stated, $544,379.
dresses on a number of interesting topics: (1) "The Finan—The Cincinnati Trust Company, which was incorporated
cial Future of the United States," discussion being opened last May, with a capital of $500,000, as noted in the Chronby Mr. Charles A. Conant of the New York " Journal of icle of May 26, was this week formally organized, Mr. W. B.
Commerce;" (2) "The Internal Revenue Law," discussion Carpenter being elected President and Gay W. Mallon, the
being opened by Mr. Alfred C. Barnes, President of the principal promoter, being made Vice-President and Counsel.
Astor Place Bank; (3) "Public Opinion and the Bank," Mr. The board of directors is to consist of twelve members, of
J. A. S. Pollard, Cashier of the Fort Madison Savings Bank
whom however, only seven have been chosen thus far, viz.
of Fort Madison, Iowa, beginning the debate, and (4) "The James J. Hooker, O. H. L. Wernicke and Samuel W. Trost,
Education of a Banker," by Mr. George Hague, General of Cincinnati, and E. G. Tillotson and M. J. Mandelbaum, of
Manager of the Merchants' Bank of Canada, and delegate Cleveland, in addition to Messrs. W. B. Carpenter and Guy
from the Canadian Bankers' Association. The session will W. Mallon. The remaining five members are to be selected
close with the report of the Committee on Nominations and in the near future, and it is expected that they will all be
the election of officers.
Cincinnati men. The stock was offered at 120, so that the
company
will begin with a surplus of $100,000 in addition to
The shareholders of the America National and the
its
capital of $500,000.
It is reported in the Cincinnati
North Western National banks of Chicago on Tuesday of
this week formally ratified the proposed consolidation of papers that the stock was over-subscribed, the subscriptions
these two banks with the Corn Exchange National of the aggregating $800,000, making necessary an allotment of the
000, referred to in these
—
same city. As stated in these columns on July 21, the Corn
Exchange Bank is to increase its stock from $1,000,000 to
$2,000,000 for the purpose of absorbing the banks named.
The stockholders ratified this increase on Monday of this
week.
The Corn Exchange will have a surplus of $1,000,000 and undivided profits of $500,000 after consolidation.
The amalgamated concern will begin business on
September 17. It is expected that the shareholders of the
America National Bank will realize about $65 per share from
the liquidation of the assets of the old bank, and in addition
stock in proportion to the amount subscribed. The
company is to do both a general trust and a savings
new
bank
business.
—The Fidelity Trust Company of Kansas City, which commenced business July 10 of last year, in its statement for the
present year shows deposits of $837,285 and aggregate resources of $1,387,054. The bank has a capital of $500,COO
and undivided profits of $49,769. The institution has an influential board of directors, including James Stillman, President of the National City Bank of New York John A. McCall, President of the New York Life Insurance Company;
;
they will receive 60 per cent of the face value of their shares
in the stock of the consolidated Corn Exchange Bank. Presi- W. W. Crapo, of New Bedford, President of the Pere Mardent Lombard, of the America National, in a circular to quette Railroad: P. A. Valentine, Chicago, 111., of Armour
the shareholders, states that the last eale of the stock of the & Co. Charles Campbell, Henry W. Evans, Henry C. Flower,
America National was at 230 per share. From this it is George W. Fuller, Frank L. Hall, Frank Hagerman, W. H.
figured that on the basis of the exchange proposed the Chapman, W. B. R'chards, F. N. Sewall, J. K. Burnham
market value of Corn Exchange stock, after consolidation, and Chester A. Snider, all of Kansas City. The officers are:
will be $275 a share. The result is arrived at by taking the President, Henry C. Flower; Vice-President, Charles Campcost of 100 shares of America stock at 230, which would bell; Secretary, W. F. Comstock; Treasurer, W. H. Pratt;
make $23,000, and deducting therefrom the $6,500 in cash Assistant Treasurer, A. D. Rider, and Counsel, Frank
expected to be received on liquidation, thus making the nej Hagerman.
;
.
THE CHRONICLK
372
—The stockholders
[Vol. LXXI.
Reading Trust Company of Reading, Pa., are to meet on Sept. 17 to vote on the proposition to
increase the capital of the institution from $250,000 to
surplus of $50,000, will begin business in the vicinity of the
Bowery and Hester Street next month.
$500,000.
of the stockholders of the
of the
—
Notice is given that a special meeting of the stockholders
of the Brooklyn Bank is to be held at the offices of the bank,
in the Borough of Brooklyn, on Sept. 18, to act on the proposition to amend the articles of association so as to change the
name of the institution, and also so as to authorize an extension of the business and permit the opening of one or
more branch
offices.
—Mr. R. K. McCall has been elected Secretary and Treasurer of the Philadelphia Mortgage & Trust Company. He
succeeds Howard E. Mitchell, who has resigned to engage in
the stock-brokerage business. Mr. McCall was formerly connected with the Fourth Street National Bank of Philadelphia.
—We
noted in the issue of the Chronicle of July 21 a
proposition to reduce the capital stock of the International
Trust Company of Baltimore from $3,000,000 to $2,250,000 by
omitting to call the last instalment, still unpaid, on the
company's shares. At a meeting of the stockholders of
the institution this week, to consider the matter, it was
decided not to make the proposed reduction.
Instead
a
resolution
offered by
Mr. John E. Searles, of
this city, who is one of the Vice-Presidents of the
company, was adopted, declaring that while the paid-in
company
is amply sufficient for its present
view of the possibilities of future development it would be unwise to make the reduction. At the
same time it was declared the sense of the meeting that no
farther call upon the shareholders for the unpaid remainder
on the stock should be made during the ensuing six months.
capital of the
business, yet in
—The annual convention of the Nebraska Bankers' Associis to be held at Omaha on September 25 and 26.
There
have been a number of successful group systems of banks in
different parts of Nebraska, but it is stated that this will be
the first time that the State Association has had a session
ation
since 1894.
—
Mark E. Reed has resigned as Manager of the Capital
National Bank of Olympia, Wash. and President C. J. Lord
will hereafter perform the functions of both President and
Manager. Mr. Lord, it is stated, has given up his position
as Cashier of the Washington National Bank of Seattle.
,
— It.was reported early in the week, on the authority of an
Odessa dispatch to the London "Express," that Russia was
about to borrow about $150,000,000 from a syndicate of
American insurance companies. It is believed, upon investigation, that the story has no foundation, and it is asserted
by bankers who have Russian connections that Russia would
for political reasons be more likely to borrow in Paris than
in New York.
—At a special
meeting held on Thursday at Toronto, Can.,
Canadian Bank of Commerce, the
terms for the absorption by that bank of the Bank of British
Columbia, as stated in this department July 14, were ratified
by a very large vote. Inasmuch as the English stockholders,
who hold the controlling interest in the Bank of British Columbia, are understood to be in favor of the proposition, the
amalgamation will doubtless be effected without unnecessary
delay. The Canadian Bank of Commerce will then have a
capital of $8,000,000 and a reserve fund of at least $2,000,000.
ANNUAL CONVENTION OF THE STREET RAILWAY
ASSOCIATION OF PENNSYLVANIA.
We noticed last week the postponement of the annual convention of the Street Railway Association of the State of
New York to September 18 and 19. It appears that the
annual meeting of the Pennsylvania Street Railway AssociaIt is to be held October 10
Neversink Mountain House, Reading, Pa.
tion has also been postponed.
and
11 at the
|00k %vtitzs.
—
New York State's
Prominent and Progressive Men.
Contemporaneous
Biography. Compiled
An
by Mitchell C. Harrison, and issued by ;the New York
"Tribune."
Two volumes of this handsome work have been issued thus
far and two more are in contemplation. They are gotten up
in the highest style of the art. The books are imperial
octavo, bound in dark green half leather, with the coat- of arms of both the city and State of New York imprinted in
gold on the cover. The printing is by the De Vinne Press,
and the paper used is finely-woven, dull-finished stock, with
deckle edge on the side and lower end and gold top. The
two volumes together contain over 800 pages of text, printed
in large, clear type, and about 350 finely-executed steel plate
engravings of prominent New Yorkers. The likenesses, we
Encyclopedia of
are able to say, are in nearly all cases excellent. The work,
stated, is designed for newspaper reference, and certainly
it contains much data and information that will be useful for
it is
that purpose.
in succinct
The sketches are
form and easy
brief,
but give essential facts
for reference.
As
to the labor in-
volved in the preparation of these volumes, we quote the following: " The magnitude and responsibility of such a task,
the expense and time required, and the tedious, diligent and
ingenious application necessary to bring this great work to
successful issue, are apt to be overlooked by persons unfamiliar with the details of such a project. To secure the
photographs, most of which were from special sittings, collect the autographs and data from over half a thousand sub-
supervise the
Exchange jects, write, revise and edit the biographies,
of
more
than
five hundred steel plates and submit
engraving
house of Flower & Co. of this city and brother of the late ExGovernor Roswell P. Flower, died on Sunday night at Prout's the same for correction and approval, to collate and arrange
Neck, Maine. Deceased was born in Theresa, near Watertown, the whole ready for the press, select materials and attend to
of books,
N. Y., April 16, 1840, and in his early business career was en- the details of binding, and conduct the distribution
The
days.
accomplished
in
a
few
cannot
be
that
task
gaged in the dry goods trade in his native town. In 1870 he is a
is
plates
steel
moved his store to Utica and in 1880 came to this city and laborious and slow process of printing from
became a member of the firm of Flower & Co. After the also a part of the work that required a great deal of time.
power
death of his brother the firm was reorganized, with John D. The old method of printing from steel plates by hand
prepare
improvement.
To
impossible
of
to
be
seems
Flower as the senior member. Mr. Flower was Vice-Presi- presses
alike
dent and director of the Kingston & Pembroke Railway and the work in a manner worthy of the subject, creditable
attention
a director of the American Casualty Co. The remaining to publisher and subscriber, required the time and
staff, and their best efforts will
editorial
accomplished
of
an
members of the firm of Flower & Co. are Frederick S.
years to
Flower, Nathan M. Flower and B. C. Van Dyke. Anson R. be put forth from time to time during the next few
work
in
its
entirety."
great
complete the
Flower is a special partner.
—John
D. Flower, senior
member
—William Hoffmann, Treasurer
of the Stock
Brewery AsJacob Hoffmann Brewing
Co., has been elected Vice-President of the Nineteenth Ward
Bank in place of Charles A. Stadler, who has been compelled through ill-health to make a prolonged visit to
Europe.
sociation
and Vice-President
of the
of the U. S.
ptotxetargs ®omrtXKXtiaX'gn&lisU%£twB
i^.-^ii.^-^^»^^^i»W»'VVV^^'V«VVjI^^V sV^»N^»,V«»^'V^
1
[From oar own correspondent.]
London, Saturday, August 1 1 1900.
Business upon the Stock Exchange is as slack as ever,
owing chiefly to the protraction of the war in South Africa
—The directors of the Bank of British North America hare and to apprehensions respecting China. The city has made
decided to declare an ad interim dividend of 3 per cent for up its mind that there will be no recovery in business during
the six months ending June 30, carrying forward about the summer, and large numbers are consequently absent
£9,800.
holiday-making. Another cause of the slackness is disappoint—A new State institution, to be known as the Bank of the ment at the way in which the new war loan has been issued
the
City of New York, with a capital of $200,000 and a paid-in It was brought out on the Saturday morning before
,
J
August
THE CHRONICLE.
25, 1900.
August Bank Holiday, when the Stock Exchange was closed.
to the great heat that had prevailed for a couple of
weeks before, everybody who could get away had left the city,
and very few learned on Friday evening that the issue was
to be made immediately. On Tuesday morning when business
was resumed, people returning to the city were delayed by
the block on the railways, and in consequence very few were
present to send in applications. The subscription list was
opened at 10 o'clock and was closed 50 minutes later, the result being that some of the very greatest houses in the city
were unable to send in their applications. Naturally there
is disappointment and resentment at this way of doing business, and there are also loud complaints that the city was not
informed in the public announcement that an arrangement
had been made for selling about half the loan to great AngloAmerican houses, so that really less than half the loan would
Owing
be offered in London.
Bank
It is
understood, moreover, that the
of England
had arranged with the Chancellor of the
Exchequer to take some millions of the loan, so that practically only about two millions remained for the general
public, and yet no intimation of the fact was given until
after the subscription list was closed. At the same time the
arrangement with the Anglo-American houses ensures the
receipt of a couple of millions sterling of gold, and there-
373
week has done a very large
business both in loans and in discounts. The Bank expects
to receive somewhat over two millions from New York, and
it is granting facilities for the import; particularly it is
making loans free of interest from the time gold is shipped
until it is received— that is, for seven or eight or nine days.
The Bank has also raised its buying price, not only of
outside market, and during the
American eagles, but of Continental gold likewise.
There is a general impression that a good deal of gold will
be received from Russia. Nobody can speak with any confidence on that point, for the Russian Government takes great
pains to conceal all its financial operations; but in the present state of the money markets all over Europe it seems clear
little while
that Russia cannot borrow large amounts.
ago negotiations were going on for the issue of a Russian
loan in Paris of about 20 millions sterling; but the negotiations have now ceased and it is understood that the utmost
A
;
about £4,000,000. That being so, it is
generally believed that Russia will have to send large
amounts of gold to Paris and London, not only to pay for
large purchases of all kinds of materials that have been
made of late in Europe, but also to defray its naval and
military operations in the Far East. As a matter of fact,
small amounts of gold are being constantly sent from St.
fore greatly strengthens the market.
Petersburg to Paris; but for several weeks none has come
In spite of the gold coming from the United States there to London. Still the impression prevails here and in Paris
are still fears of dear money, which naturally makes people that Russia will have to send to London at least £2,000,000.
unwilling to engage in new risks, and the very high price of If she does, and if small amounts come from other quarters,
coal, which is still rising, has undoubtedly given a check
to three or four millions sterling from Russia and the United
trade.
The rise in coal was not brought about by a rise In States will so increase the reserve of the Bank of England
wages; indeed for some time wages were quite unchanged; as to make it possible to tide over the autumn without raisbut during the past few weeks advances in wages have been ing the rate of discount to a point that would tell upon
voluntarily given, so that at the present time the wages of trade.
miners are higher than they have been since 1873. This adA little while ago there were fears that the Bank would
vance is used for pushing up the price of coal further; but have to put up its rate shortly to 5 per cent and ultimately to
it is doubtful whether the
high price can be maintained very 6 per cent; but it is now hoped that no advance need take
long. Shipbuilding is;, falling off. New orders
have been place until October, and that probably 5 per cent will be
veryfewforaconsiderableitimepast; and as the ships pre- sufficient. The Bank of Bengal has raised its minimum
viously ordered are being finished, it is evident that before rate of discount from 3 per cent to 4 per cent. Meantime the
long there will be a great decline in the demand for coal for India Council has not sold its drafts very well this week. It
shipbuilding purposes. There is also a falling off in the de- offered for tender on Wednesday 20 lacs, and the applicamand for iron and steel for other purposes, and therefore un. tions amounted to nearly 37 lacs; but less than 10 lacs were
less there is a complete change in
these markets before long, allotted at prices ranging from Is. 3Jgd. to Is. 3 31-32d. per
the price of coal cannot be maintained at its
present level rupee.
for very many months.
The following return shows the position of the Bank of
There is also a decided falling off in the activity of trade England, the Bank rate of discount, the price of consols, &c.
in Germany in consequence of the
1897.
1898.
1899.
1900.
slow liquidation that is
Aug. 11.
Aug. 10
Aug. 9.
Aug. 8.
taking place upon the^Berlin Bourse.
The liquidation haa
for two or three months. There has been
a marked fall in prices of industrial securities, and
there has
also been a very considerable fall in iron
and steel, owing to the
fact that American iron has been
sold in Silesia considerably
below the prices at which German producers
are willing to
sell.
It is veryjgenerally feared in
consequence that there
will be large imports of
American iron and steel, and even
that some American coal may
be imported. For the time
being there is an undoubted check to all kinds
of business in
Germany; and upon the Bourse there is a complete unwillingness to engage in speculative enterprises
because several
operators have lately availed themselves
of the Bourse
laws to repudiate obligations forbidden by those laws.
In Paris business is likewise quiet,
but trade is fairly well
maintained and confidence is unbroken.
In Russia the
financial and commercial crisis
continues, and there is great
weakness likewise in Austria-Hungary. All over Europe, in
fact, there is a decrease of
aotivity both upon the bourses
and in trade. The Board of Trade returns for July testify
also to the decline in activity.
The value of the imports was
£40,264,167, an increase of barely £328,795, or about 0*8 per
cent; and the increase, small as it,
is entirely due to higher
prices.
The value of the exports of British and Irish prodace and manufactures was
£24,550,557, an increase .of £1,354,599, or 5-9 per cent; but of this total
increase of value in
the exports, almost the whole is due
to the higher price of
coal, the quantity being
less by nearly 73,000 tons.
Germany, Holland and France took much more coal than formerly, other^countries took somewhat
less, and for the seven
months of the year the same is true.
In the money market rates are
well maintained. Short
loans range from about
to
4
per cent, and in some cases
3Jg
over. The B ank of England has
complete control of the
now been going on
Russia can obtain
is
£
£
28,0e 8,300
6,670,514
28 038,420
£
circulation
Public deposits
Other deposits
cJovernment securities
Other securities
Reserve of notes and coin
Ooln & bullion, both departm'ts
Prop, reserve to liabilities. d. c.
80,6^2,815
10,616,800
28,996,085
3ti,059,358
40,467,871
18,084,858
88,912,824
17,631,080
30.428.905
Bank
rate,
2&
London.
Sank
3 Months.
July 13 8
Aug. 2
M
10
1
4Xf
Aug,
Interest at
Bank
Rate.
Paris
Berlin
IK
24
1*
2H
1H
24
2U 2U
2H
14
24
24
24
and open market rates at the
have been as follows:
44
54
34
S.
July 27.
Bank
3
2%
3
5
4
5
5
4
4
5
5
5
34
34
nom.
6
Pixley
Aug.
2H
44
44
44
34
3%
44
4
Messrs.
Mos. Banks GaU Days
iH®iH
44
«4@4H
Bank
34
..
44
i
Joint Dis'tH'i.
Stock At 7-14
3@3M
4@44 4M@4H
44»4h 4fc®>4«
Open
Market
5
5
5
Copenhagen.
4H®4%
44
10.
3
Petersburg..
4@*4
Bills,
rate of discount
chief Continental cities
August
SH®*H
44
44
4
The Bank
St.
8 Months. 3Mos.
4® 44
44
135 717, 000
Interest allowed
for deposits by
Trade
3
3%@4
44
20 i
27 4
2
as follows:
Bill*.
4 Months.
51«
24
110 11-16
27 5-16a.
189.690,000
Open Market Rates.
«
"
"
128,,63u,000
money have been
rates for
1
3*
88q.
148,115,000
Olearine-House returns
The
44%
105 7-18
37%d.
7.001,421
40.514,160
18,783,480
27.403,808
24,411,110
36,619,530
44,436.321
13,938,098
81,997,576
23,921,793
34.513.093
45 7-16
21,321,814
33.617,899
4
98 1-16
percent.
per cent.
43
31,250,5185
S«4
.
Consols,
Silver
7.009.-.
20,414/81
&
Rate.
Open
Market
«
54
34
4
34
34
64
34
6
6
6
Open
Rate. Market
July
Bank
Rate.
20.
Open
Market
2 15-16
4
3
•m,
5
4.
4
5
5
4
4
34
4
m
44
4
5,4
44
34
3%
3%
44
54
34
m
m
84
34
64
34
6
6
8
6
Abell write as follows under date of
9:
Gold—There has heen no inquiry for gold during the week, except
Bank of England, and the arrivals of £131,000 in bars and
lor the
£56,0C0 in sovereigns have been
all
taken there.
By the
allotment of
«
:
THE CHKOjNICLE.
374
the Exchequer Bond issue, chiefly to New York applicants, a strong
effort has been made to attraot gold from that direction, and a further
step has been taken to-day by raising the price of eagles to 7f s. 5d. and
of American bars to 77s. 10d.; £25,000 has been withdrawn for South
America, the net arrivals are therefore £162,000. For the weekArrivals: Singapore, £12,000; New Zealand, £8,000; Australia£85,000. Total, £105,000. For month of July— Arrivals
Japan'
:
£187,000; West Indies, £74,000; South Africa, £127,000; India.
£115,000; Australia, £634,000; Portuga ], £40,000; Egypt, £f 0,000
China, £20,000.
Total, £1.247,000.
Shipments: South Afrioa,
£50,000; India, £100,000; France, £399,000; Germany, £123,C00
Sweden, £115,0C0. Total, £787,000.
Silver— The lower price for silver brought in India as a buyer, and
with a few special orders the market hardened to 28 1ed., but with
New York selling, the price receded to 28d., closing to night 28i 18 d.,
with forward silver still commanding a premium of ii d. For the
week— Arrivals New York, £75,000; Australia, £26,000. Shipments:
Bombay, £70,000. For month of July— Arrivals U. 8. A., £850,000;
Mexico, £48,000; Germany, £32,000. Total, £9SO,000. Shipments
France, £71,000; China, £175,000; India. £671,000; Japan, ££0,C00
;
fc
:
:
:
Total, £1,007,000.
Mexioan Dollars— Very little business
remains nominally at 27 7gd.
The quotations
Aug.
Aug.
London Standard.
9.
2.
U.
fine
oz.
gold ooin...oz.
Germ'n gold coin. oz.
French gold ooin.oz.
S.
Japanese yen
report,
and the price
oz.
s.
d.
77
76
76
76
76
914
Silver.
London Standard.
28». e
Si
7 **
26 3Q 28H
28» lfl 28l 16
30 14 30*8
27'8 27?8
IMPORTS.
1898-9.
1897-8.
1896-7.
60,547,650 61,702,210 61,919 750
22,037.843 19,340,104 20 569 700
14,379,520 14,220,990 17 284.380
2,224,850
2,245,065
3,150 835
1,998,470
2,281,310
2 598,080
53,577,760 50,500,300 55 533 760
21,227,605 18,971,770 18,974,720
Supplies available for consumption (exclusive of stocks od
1899-00.
1898-9.
1897-8.
60,547,650
61,702,210
18,971,700
13,158,831
Imports of flour
21,345,700 21,227,605
Bales of home-grown.30,510,253 33,086,903
1896-7.
61.919.7fi0
18,974 720
23^977,282
Total
111,752,053 114,862,158 103,832,741 104J871~,752
1899-00.
1898-9.
1897-8.
1896-7
Aver.prioe wheat, week.28s. lOd.
24s. lOd.
35e. 7d.
29s 54
Average price, season. 26s. 2d.
26a. 2d.
36s. 5d.
28b! 8d.
The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:
This week.
Flour, equal
Maize
The
Last week.
2,107,000
273,000
740,000
1899.
2,335,000
1,635,000
330,000
820,000
695!o00
1898
1900.
March
Apri)
May
June
July
Seven mos
Top. & Santa Fe..
Preferred
Baltimore & Ohio
Preferred
28 H
72»a
73»8
Canadian Pacific
Chesapeake & Ohio
92
A.tch.
Den.
Do
Erie,
&
&
Paul...
Rio Or., com....
do Preferred.
Ohio. Mil.
St.
common
1st preferred
2d preferred
Central
Louisville & NashvilleIllinois
& Tex., com..
Preferred
N. Y. Cent'l & Hudson..
S. Y. Ontario & West'n
Norfolk & Western
Mo. Kan.
do
pref.
Do
Northern Pacific, 00m..
44,560,849
37,604,808
44,922,134
42,621,876
43,876,427
42,016,307
40,264,167
41,216,606
35,539,109
41,492,388
39,357,022
40,876,828
38,348,943
39,935,372
+3,344,243
+2,065,699
+3,429,746
+3.264,854
+2,999,599
+3,667,364
+328,795
+ 0-82
295,899,033
276,639,107
+197259,926
+ 6-96
£
1899.
£
23,583,682
23,219,849
25,395,699
22,645,147
24,715,930
24.895,335
24,550,557
20,347,234
19,382,406
22,324,401
19,4S7,546
23,030,240
21,980,067
23,195,958
Seven mos.. 168,927,321
149,717.852
April
May
June
July
The re-exports of foreign and
show the following contrast:
1900.
Re-exports.
January
February
March
April
May
June
July
Seven mos..
£
Per
+3,236,449
+3,fc 37,443
+3,071,298
+3,187,601
+5-8
+8-26
+8-29
+7-33
+9-56
283, 8
J
Ui4
34 13
17 14
34M
119%
II913
733*
10*2
73%
31%
103a
34i4
17 14
1191a
736s
1038
3m>
31%
17 14
132%
21J«
lli4
34ia
34ifl
17%
17 14
119i«
735a
1038
132%
119ia
73%
103&
31%
132%
31%
132ia
21%
34%
34%
34%
78
78
78
78
78
52%
72%
52i3
52ia
5213
73
8%
73 14
66 k
73 14
66*3
523a
7**8
6614
889
8I9
301%
30i«
8%
30ia
30ia
14%
14%
14%
14%
14%
34
33'8
34
6OI4
11*4
53i4
6OI4
3438
1138
5318
6OI4
34ia
Ilia
5313
6OI4
78
78
78
78
I8I3
18ia
33ia
11*8
Ilia
54
61
78
19
53 13
33%
33 13
2158
66I4
66%
3%
30B8
18i«
33*2
18%
34
Week.—The
following are
for the week ending for dry goods
the imports at
Aug. 16 and for the week ending for general merchandise
Aug. 17 also totals since beginning first week January.
New York
;
FOREIGN IMPORTS.
For week.
Dry Goods
Gen'l mer'dlse
Since Jan.
1899.
1900.
189&.
1897.
81,957,915
6,314,586
82,093,757
7,104,104
82,043,205
5,075,373
$1,005,048
4,257,548
88,272,501
$9,197,861
87,118,578
$5,262,596
$78,026,314
269,649,580
865,639,699
261,924,992
860,742,041
216,429,659
$92,961,036
246,501,590
1.
Dry Goods
Gen'l mer'dlse
Total 33 weeks $347,675,894 8327,564,691 $277,171,700 $339,462,626
of dry goods for one week later will be found
our report of the dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Aug. 20, and from January 1 to date.
EXPORTS FROM NEW YORK FOR THE WEEK.
The imports
in
1900.
1899.
1898.
1897.
$6,857,737
370,628,643
$7,460,313
283,764,591
$6,171,878
304,443,199
$9,923,014
252,599,149
Total 33 weeks $377,486,380 $291,224,904 $310,615,077 $262,522,163
The following table shows the exports and imports of
specie at the port of New York for the week ending Aug. 18
and since January 1, 1900, and for the corresponding periods
in 1899 and 1898.
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
Week.
Per
Imports.
Since Jan.
1,
Week.
Since Jan. 1.
Ot.
+159 Great Britain.
+ 19-7 Prance.
+ 13-75 Germany
+16-38
+7-31
+2,915,268
+ 13-26
+5-83
+12-83
1
West Indies
Mexioo
South America
All other countries,
Total 1900.
Total 1899.
Total 1898.
$8,745,104 $19,029,720
17,664.481
4,500,709
4,175
1,894,913
95,810
38,000
3,741,728
175,526
3,787,279 $47,102,887
55,120
25.S00.737
4,756,717
$93,996
254,760
325,884
231,510
207,395
392,575
70,675
$4,490
14,469
3,400
$21,359i $1,576,795
29,8671
8,773 306
1.543,695 71.960.198
Imports.
Silver.
Difference.
£
68%
Ills
21 12
34ia
Exports.
£
68%
2214
35 ie
Exports.
colonial produce since Jan.
1899.
69
Gold.
+ 1,685,690
+ 1,854,599
+ 19,209,469
28i«
Ot.
+ 8-1
Per Ot.
+7-07
—5-1
5,482,465
5,575,325
5,666,338
5,860,547
5,394,462
5,441,884
4,782,314
5,120,260
5,878,110
5,242,270
5,9b8,6t5
5,746,796
5,551,216
5,441,488
+362.205
—302,785
+424,068
—108,118
—352,334
—109,332
+659,174
—1-96
—12-11
38,203,335
38,948,805
—745,470
—1-91
+808
—1-81
—613
Note.—The aggregate figures aro official. They indioate that slight
adjustments have been made in the monthly figures as published.
ICiikIImIi
P ..
Difference.
£
Q
M
o
W
28M
98ie
97i4 ia
983s
98i4
98H ie 98ia
81
l«
100-55 100-70 00-6212 OC-6713
71i«
7138
71%
715s
9i4
9i«
9^
9
28
28 1*
28
28
72
72
71*8
71?a
73
7338
73%
733a
8II4
8II4
8114
91%
91 *a
91%
915s
28i*
2814
28
28H
II6I3
116&8
116&8
116ia
1914
194
19H
19H
III4
133 14
O
283, 6
98i«
115%
Imports and Exports for the
since Jan. 1 have been as follows
1900.
o
o
H
PH.
68%
69
W
M
H
M
Preferred
Wabash, preferred
Deb. "B"
* Price per share.
For the week..
Prev. reported
Difference.
£
£
28I4
1171a
19^2
o
Thurs.
8m
81^
w
o
Wed.
:
£
The exports
Exports.
January
February
March
1899.
71^
9%
Tues.
220 000
British imports since Jan. 1 have been as follows
Imports.
January
February
10050 10065
Anaconda Mining
1):
qrs.. .2,015,000
to qrs... 300,000
qrs... 810,000
98*8
Onion Paoiflo
.
do 5 grs. gold.oz.
do 4 grs. gold.oz.
do 3 grs. gold.oz.
Cake silver
oz.
Mexican dollars. oz.
1899-00.
Wheat
For account
Fr'ch rentes (in Paris) fr.
Spanish 4b
iouth'n Railway, 00m..
Preferred
9.
d.
.
4
4
4
4
_
Wheat imported, owt.59,896,100
98ilu
A
Aug.
283,
,
*Phila.
Read
*Phila. & Read., 1st pref.
Ready 2d pref.
*Phila.
southern Paoiflo
The following shows the imports of cereal produce into the
United Kingdom during the forty-nine weeks of the season
oompared with previous seasons:
September
28 1«
d.
Consols. new, 2 % p. cts.
Pennsylvania
Bar silver, fine. oz. 28l lfl
Bar silver, oontain'g
914
._,_
Importsofwheat,0Wt.59,896,lC0
Barley
14,533.600
OatB
19,374,600
Peas
2,428,640
feans....
1,520,320
Indian Corn
53,887,400
Flour
21,345,700
per ounce
8ilver,
Mon.
Sat.
&
d.
8.
77
5
76
5
76
5
76
4*a 76
London.
Preferred.
for bullion are reported as follows:
Gold.
Bar gold,
to
[Vol. LX1I.
Financial Markets— Per Cable.
The daily closing quotations for securities, etc, at London
are reported by cable as follows for the week ending Aug. 24,
Week.
Great Britain.
Franoe
Germany
West Indies
Since Jan.
1,
$751,005 $31,154,770
590,800
""356
4,450
283,386
Dlexloo
South Amerioa
All other 00 un tries
Total 1900.
Total 1899.
Total 1898.
55,314
14,180
$751,355 $32,102,900
582,561 29,960,962
915,904 28,329,757
Week.
Since Jan.l.
$59,514
965
2,628
$378
If 8.259
7,941
1,000
1,785,163
563,978
190,833
$9,319
$2,761,340
2,439,149
22,127'
1,515,847
83,'214i
Of the above imports for the week in 1900, $4,490 were
American, gold coin anil §367 American silver coin. Of the
exports during the same time $42,175 wore American gold
coin.
.
August
:
.
THE CHRONICLE.
25, 1900.]
New York City Clearing House Bankg.—Statement of
oondition for the week ending Aug. 18, based on average of
We omit two ciphers (00) in all cases.
daily results.
BANKS
Capital Surplus.
$
2,000,0 2,158,8 14,623,0
2,050,0 2,203,6 19,913,0
Merchants*
2,000,0 1,206,4 14,126,1
Mechanics'
2,000,0 2,293,0 12,438,0
America
1,500,0 3,011,1 21,084,6
4,862,0
Phenlz
274,0
1,000,0
City.....
10,000,0 6,278,6 106,272,8
Chemloal
300,0 6,964,0 24,616,2
4,750,2
Merchants* Ex..
228,6
600,0
Gallatin
8,726,2
1,000,0 1,850,8
Butch. A Drov'g*
1,070.7
89,4
300,0
Meoh.cfc Traders'
2,247,0
114,8
400,0
960,6
Greenwloh
176,3
200,0
Leather M'i'rs..
8,594,6
606,6
600,0
Seventh
223,6
3,659,7
300,0
State of N. Y.... 1,200,0
4,283,7
636,6
Amerloan Exch. 5,000,0 2,848,6 27,890,0
Commerce
10,000,0 7,029,3 63,468,7
Broadway
6,695,9
1,000,0 1,647,8
Mercantile
1,000,0 1,232,8 13,600,7
2,791,0
Pacific
493,9
422,7
Republic
1,600,0 1,143,2 19,629,8
6,059,0
Chatham
450,0 1,000,7
2,118,3
People's
326,2
200,0
North America.. 1,000,0
669,5 13,123,8
Hanover
3,000,0 6,014,1 43,876,8
Irving
4,230,0
467,0
600,0
Citizens'
3,071,4
420,6
600,0
Nassau
2,711,4
274,8
500,0
Market* Fulton
6,409,9
900,0 1,020,0
Shoe <fe Leather. 1,000,0
3,888,6
211,2
Corn Exchange.. 1,400,0 1,840,1 18,820,2
Continental
4,876,3
510,6
1,000,0
2,0*7,0
Oriental
406,6
300,0
Imp't'rs'A Trad. 1,500,0 6,150,1 24,953,0
Park
46,942,0
2,000,0 3,306,2
East River
1,215,9
250,0
162,9
Fourth
3,000,0 2,376,0 24,285,0
Central
639,9 11,633,0
1,000,0
Second
8,642,0
300,0
799,0
Ninth
2,821,7
162,8
750,0
First..
500,0 9,117,0 88,412,0
2,965,3
N.T.Nat'lExch.
103,0
300,0
Bowery
3,231,0
250,0
708,8
N. T. County....
3,085,5
200,0
375,8
German Amerl .
8,610,9
360,1
750,0
Chase
1,000,0 1,994,6 38,567,5
Fifth Avenue...
8,496,9
100,0 1,287,0
German Exch...
2,644,0
200,0
614,7
Germanla
3,102,8
802,0
200,0
Lincoln
9,606,7
890,1
300,0
5,H18,9
Garfield
200,0 1,073,5
Plfth
2,076,8
200,0
359,1
Bank of Metrop.
6,625,5
300,0
963,6
West Side
2,527,0
409,1
200,0
Seaboard
748,7 11,040,0
500,0
Western
2,100,0 1,696,4 37,000,7
1st Nat., B'klyn.
3,938,0
300,0
628,3
Liberty
6,326,6
535,8
500,0
N. T. Prod. Ex.. 1,000,0
8,841,9
374,9
New Amsterdam 250,0 411,0 4,953,1
As tor
3,938,0
231,8
350,0
Hide & Leather.
2,466,0
600,0
302,1
Co-
Manhattan
Legals.
Specie.
$
$
$
Bank of N. Y....
Loans.
-
2,887,0
7,669,0
2,796,9
2,448,0
3,745.5
1,278,0
32,288,9
4,021,1
746,0
1,387,0
2,927,0
1,642,1
365,0
2,254,6
234,0
5,606,2
3,070,5
600,6
929,7
62,1
207,0
192,1
219,2
333,1
371,3
2,056,0
6,613,2
387,2
1,471,9
563,7
1,504,9
942,6
937,8
190,8
189,0
105,7
626,8
688,1
237,0
2,374,0
5,980,5
804,8
2,539.3
267,1
3,859,7
694,9
144,6
2,622,0
10,730,0
845,4
428.0
1,135,0
2,798,0
679,8
635,6
456,3
216,7
291,0
638,3
268,8
1,288,6
1,070.7
2,607,0
971,7
2,739,0
653,0
282,0
203,0
8,588,0
11,007,0
193,0
4,130,2
2,869,0
1,747,0
601,1
5,874,2
652,0
370,0
796,0
501,3
9,115,7
2,220,0
199,3
1,957,0
5,963,0
165,3
2,180,7
1,010,0
691,0
311,2
1,734,4
308,0
302,0
898,0
264,1
3,993,6
321,6
656,7
660,4
1,007,7
306,6
162,2
597,2
401,2
1,834,4
1,452,8
451,2
1,131,4
448,0
1,543,0
10,031,4
672,0
1,508,7
583,9
313,2
741.1
410,2
398,0
2,181,0
2,671,5
1,064,0
416,7
383,7
1,169,5
188,9
91,2
Re-
Deposits
serve
$
P.O.
14,944,0
27,340,0
16,888,4
12,345,0
24,480,6
5,201,0
124,608,8
24,830,7
6,810,6
7,135,3
2ft-6
38-7
263
member
hanks.
290
«'
1,000,1
253
17-2
33'0
261
21-4
17-7
21'4
24-1
20-8
27-7
24-7
24-5
28-4
14,460,7
8,358,0
21,883,3
6,197,2
2,597,9 2'i 14,671.8 258
48,988,6 276
4,791,0 29-7
3,131,4 24-0
3,066,1 243
8,992,2 27-6
4,563,6 29-3
21,941,3 243
5,826,6 26-1
1,965,0 24-6
28,913,0 3«'4
68,568,0 28-9
1,313,5 272
26,729,5 24-5
15,000,0 26-7
9,427,0 26-8
2,620,0 309
36,477,6 20-8
3,103,6 277
3,281,0 20-4
4,042,4 2V5
3,385,8 22-2
47,902,9 27-3
9,704,1 26-1
3,030,1 28-2
4,513,4 233
11,028,0 26-7
6,676,0 28'3
2,204,2 27-8
7,054,3 24-5
3,065,0 27-6
13,808,0 26-9
45,844,9 27-4
4,777,0 36-3
6,689,2 28*7
3.644,9 26-5
5,806,1 25-3
4,054,5 22-9
1,762,2 28-4
banks.
Capital &.
Surplus.
Loans.
Specie.
Legals.
$
$
9
N. ¥.
July
Aug.
2,298,0
903,3
3,241,2
4,284,3
3,435,5
20,689,0
61,781,9
6,70«l,3
New York City, Boston & Philadelphia Banks.— Below
we furnish a summary of the weekly returns of the Clearing
Bouse Banks of New York City, Boston and Philadelphia.
The New York figures do not include results for the non-
22-7
24-6
30-4
28-5
26-3
26-1
375
"
801,101,7 1743975
165,267,7 803,697,9 1765864
11.. 165,257.7 808,046,2 1770298
18.. 165,257,7 814,883,6 1689229
"
4..
Phila.*
Aug. 4..
"
*
r
We omit two ciphers in all these
P'Reports of Non Member Banks.—The following is the
statement of condition of the non-member banks for the
week ending Aug. 18, based on averages of the daily result.
We omit two ciphers (00) in ad cases.
BANKS.
Capital
(00s omitted.)
Leg. T. Deposit, with
Sur- Loans &
plus.
Invest- Specie
ments.
Niw York
AWk.
Net
OUar'g Other Deposits
Notes. Agent. Bks.Jcc
City
Borough of
Manhattan,
*
Colonial
100,0
300.0
100,0
100,0
200,0
200,0
250,0
C
$
I
I
100,0
100,0
100,0
100,0
200,0
100,0
200,0
100,0
100,0
112,5
fcj
212,7
126,6
68,0
16,4
109,1
51,8
134,1
46,0
162,6
126,6
199,4
52,5
67,1
337,7
188.1
26,0
1227,5
21,9
93,7
1889,0 101,0
81,0
1052,6
66,9
53,4
1309,9
58,7
60,9
672,8
6,2
49,6
1395,0
68,8
94,0
1712,4
93,8
85,4
1255,0
30,1 116,1
1184,5
16,6 134,3
1885,0
65,0 105,0
961,3
11,4
55,6
2903,0 216,0 103,0
1125,2
16,5 163,6
875,9
44,9 112,2
2212,4
61,4 213,8
1682,5
92,0 103,3
184,6
3,4
15,7
293,4
139,0
380,7
169,3
21,0
267,0
282,1
194,0
230,6
150,0
160,0
100,0
300,0
100,0
100,0
150,0
252,0
500,0
100,0
300,0
300,0
100,0
100,0
100,0
100,0
200,0
100,0
100,0
100,0
100,0
121,4
164,0
168,8
43,3
63,6
61,6
492,0
405,6
203,6
693,8
692,7
120,9
130,2
64,4
75,1
233,0
54,9
58,0
45,7
12,3
1107.8
1361,1
1327,0
301,5
663,4
720,4
2459,9
2827,6
898,6
3726,0
2523,0
664,6
885,1
562,5
448,0
718,7
480,6
696,7
648,5
425,3
174,6
260,9
197,2
240,0
142,0
5.4
89,8
114,8
40,8
27,1
24,4
27,9
196,1
184,7
57,9
373,0
292,0
56,6
38,0
29,4
39,6
10,0
28,6
42,9
13,4
46,4
Isl.
25,0
100,0
Other Cities.
1st Nat., Jer. City.
Hud Co. Nat., J.O.
fd Nat., Jer. City..
3d Nat., Jer. City..
1st Nat., Hoboken.
3d Nat., Hoboken.
57,2
81,2
564,9
673,6
18.2
40,9
24,9
20,0
83,6
214,4
400,0
250,0
250,0
200,0
110,0
126,0
817,3
646,6
863,2
222,4
467,4
102,4
Columbia
Eleventh Ward...
Fourteenth Street.
Gansevoort
Hamilton
,
Mount Morris...,
Mutual
200, U
,
Nineteenth Ward.
Plaza
Riverside
State
Ward
Twenty. third W'd
Twelfth
Union Square
,
Vorkvllle
,
Washington.
Borough of
76,4
123,0
116,6
94,6
184.3
106.3
78,6
t
317,0
3*6,3
s'i.o
93.2
1.3
120,0
118,0
135,7
9"5,"6
22,9
$
1450,4
2110,0
1410,9
1488,0
665,6
1668,0
2384,6
1882,2
1600,9
1840,0
944,9
3235,0
1683.8
1147,9
2426,5
1693,8
190,2
Brooklyn.
Bedford
Broadway
Brooklyn
Eighth Ward
Fifth
Avenue
Kings County
Manufact'rs' Nat'l
Mechanics
Meoh's'
A
Traders'
Nassau National..
National City
North Side...
People's
Schermerhorn
Seventeenth Ward
fprague National..
Twenty -sixth W'd.
!
Union
Wallabout
Merchants'
Borough of"'
Richmond.
'
Bank of Staten Isl.
lstNat.,Staten
18.2
10,0
82,9
14,7
25,8
38,2
306,1
191,9
11,3
14,2
38,3
12,6
8,5
146,0
8,7
21.4
42,8
47, a
42,7
74,2
617,7
169,9
80,3
785,0
389,0
66,1
46,3
47,6
689
290,0
72,3
73,1
59,5
78,6
100,0
5
83,7
33,0
10,7
71,0
110,3
25,0
158,0
912,5
128,4
58,2
53,7
To
42,8
113,4
52,0
1269.7
15344
1433,1
303,7
603,0
781,9
8158,5
2981,2
914,3
4350,0
2952.0
1507,9
975,6
651,1
434 4
1037.7
497,7
660,4
728,4
456,7
679,0
777,6
4654,0 214,6 164,5 691,0 1360,6 6199.1
1943,1
71,4
56,5 211,3
68,5 1625,7
1267,0
69,7
18,0 120,9
957,7
949,0
29,0
41,6 142.3
886,1
29,4
2014,9 103,3
22,6
1760.3
98,1
87,9
768,0
66,4
49,5
905.7
86,1
28,6
Totals Aug. 18.. 7362,0
69429.4 2918.9 3766.5 8192,614614,5 68245,1
ToUls Ang. 11.. 7362,0 8468.8
8468.8 59691,2 2884,6 3848,6 8277,3,4634,3 88396.4
4.. 7362,0 8468,8 69512,62813,7
3614,8 8047.14296.6 67630.1
Totals Aug.
25,258,0
26,645,7
27.411,3
28,083,6
763,779,5
782,061,8
667,786,1
736,760,3
6,481,0 109,900,2
6,545,0 98.749.1
5,566,0 102,450,0
86,447,8
70,780.6
75,078,8
figures.
Including for Boston and Philadelphia the Item
due to other banks."
'
Auction Sales.—Among other securities the following, not
regularly dealt in at the Board, were recently sold at auctioD,
Son.
By Messrs. Adrian H. Muller
Bonds.
Shares.
$7,000 Ohio & Ind. Ga9 Co.
76 Laok. Iron & Steel Co. .. 85
50%
1st 6s, 1926, J. & D
24 Irving National Bank... 185
By Messrs. R. V. Harnett Co.
203*4
67 shares North American Trust Co
The following described securities were also sold at auction
Co., at the New York Real Estate
by Messrs. R. V. Harnett
Salesroom on August 22, by order of William J. Curtis, general assignee of Price, McCormick
Co.
Rubber Goods Mfg. Co., €01 shares com. stock (par value,
24*4%
$60,100)
Rubber Goods Mfg. Co., 300 shares pref. stock (par value,
73*4%
$30,000)
Rubber Goods Mfg. Co., 98 shares pref. stock (par value,
&
I
|
&
&
&
73%%
$9,800)
Rubber Goods Mfg. Co., 13-279 shares com., Central Trust]
Co scrip (par value, $1,327 90)..
Rubber Goods Mfg. Co., 15-525 shares pref., Central Trust
$550
v
I
\
Co. scrip (par value, $1,552 50)
J
Rlker Motor Vehicle Co,, 400 shares com. and 200 shares pref.
stock
Ohio Southern RR. Co., 100 shares com. stock certs, of deposit (par value, $10,000)
New England Eleo. Vehicle Trans. Co., 7 share3 com. stock
$3,050
$2
$22
$1
$1
(par value, $70)
Michigan Grape Sugar Co., 400 shares com. stook
Live Stock Co, of Amerioa, 5 shares com. stook
Hanover Fire Ins. Co., 451 shares com. stock (par value,
140%
$22,550)
Denver <fc Southwestern
Co.,
150 shares pref .stock (par value,
$15,000)
Gold Coin Mines
Co., 1,525 shares
45%%
com. stock (par value,
$7,625)
74,222,7 91,035,0 814,883,6 1689229 75,213,6 894,317,8 27-3
Total
Circ'Vn Clearings.
188,041,0 7,713,0
188,034,0, 7,720,0
188,391,0 7,692,0
58.474,0
58,459,0
67,481,0
35,345,4 163,896,0
35,345,4 163,943,0
35,345,4 165,643,0
11..
18..
"
9,121,0 207,683,0
9,110.0 206,722.0
9,302,0 206,158,0
57.651,9 186.248,0 14,662,0
57,651,9 187,666,0 14,604.0
57,851,9 188,498,0 14,409,0
11..
18..
*'
75.098,9 887.841.7
76,179,1 894,482,5
75.448.6 897,409,4
75,213.6 894.317.8
28.. 165.257,7
Boa.*
Aug. 4..
Deposits.!
$500
:.
Standard Ioe Mfg. Co., subscription receipt for $5,000 bonds,
$5,000 pref. stock and $52 10 interest.
American Writing Paper Co., 1,608 shares com. stock (par
$3,650
Co., 3,106 shares pref. stock (par
3%
13%
Co., 92 5 shares pref.stock (par val.$940)
$70
$104
value, $160,800)
American Writing Paper
value, $310,600)
Denver Union Water
"
"
41*5 "
com. - (parval.,$4.l60)
PhlladelphiaCo.,5,31 6% shares com. stk. (par val.$265,806 25)
"
" 5,000
"
"
(par value, $250,000)
" 2,000
"
"
(par value, $100,000)
"
" 3,000
"
"
(par value $150,000)
Spring Garden Insurance Co. of Philadelphia, 5 shares com,
stook (par value, $250)
U. 8. Pneumatic Horse Collar Co., 859 shares 00m. stock
(Dar value, $859)
Consol. Gas Co. of S. J., 20 shares com. stk. (par val., $2,000)
Syraouse Gas Co., 100 shares com. stook (par value, $10,000)
'«
38%
38%%
38%%
37%%
70%
$80
$120
9%%
BANKS AND TRUST COMPANIES.
Trust Co. of America, 20 shares stock (par value, $2,000) ... 202%%
Howard National Bank of Boston. 1,544 shares com. stook]
(par value, $154,4 00)
i««95 000
Market National Bank of Boston, 1,250 shares com. stook f v
(par value, $125,00')
j
BONDS.
American Writing Paper Co., $20,000 1st 5s
71 7s%
72%
$10,000 1st 5s
'*
"
"
72%%
$8,000 lst5s
Pittsburg.Pa., Hlland Sub-Sch.Dist., 19th Ward,$2,000 4s, '02 100%%
'
* Including all the right, title and interest of said copartnership in
and under a certain syndicate agreement between Kidder, Peabody &
Co. and the subscribers thereto, dated Sept. 26, 1898, for the liquidation of certain nine national banks of Boston and the formation of a
new national bank.
SatxMtxfl
2T
&
and
Sfiuatijctal.
Spencer Trask &
BANKERS,
29
PINE STREET,
-
-
Co.,
NEW YORK,
-
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
j
INVESTMENT SECURITIES.
" Branch
Members N. Y. Stook Exchange
Albany
ALEXANDER M. WHITB, JB
ghorgb Barclay Moffat.
Moffat
Office, 67 8tate St.,
&
White
BANKERS,
NO.
1
NASSAU
Members New York Stook Bxohange,
STREET,
NEW YORK.
INVESTMENT SECURITIES.
.
...
:
THE CHRONICLE.
376
Bmrftm'
DIT
Name
I
When
Oenl. Payable
& Albany
2
(quar.)
Chic. & East. Ills., pref. (quar.).
Del. & Hudson (quar.)
1^
Hartford
1
Union
"
& Conn.
Western
com
Pacific,
"
2
2
pref
Street Railways,
Oakland (Cal.) San Lesndro
By
miNcellaneou*.
American Waltham Watch
"
Oct
Holders of rec.
to
Sept. 13
Aug. 30 to
to
Aug. 21
Sept.
5
1 Sept.
5
to
to
limited to $5,000 3s, coup., at 108% to 109^ and $10,200 4s,
coup., 1907, at 115%. The following are the daily closing
quotations: for yearly ranae see seventh page following.
8
16
16
Aug. 31
9
Oct.
Oct.
9
Sept.
Sept.
Sept.
&
Hayw'ds Eleo. Ry. Con. (mthly)
Scranton (Pa.)
1M
Sept. 30
J
Oct.
Sept. 15
Aug. 31
1
Oct.
—
Books closed.
(Days inclusive.)
Railroads (Steam).
Boston
Aug. 15
20o. Aug. 15
1
Sept. 1 Holders of rec. Aug. 28
Sept. 15 Holders of rec. Aug. 28
Sept. 15 Holders of rec. Aug. 28
3is Sept. 1 Aug. 21
Aug. 31
to
4
"
(extra)
American Window Glass, pref.
Cramp (Wm.) Sons Ship. & E.
Bldg. (quar.)
Hawaiian Com. &Sug. (mthly.).
International Paper, pref. <qu.)
National Tube, pref. (quar.)
&
N. Y. & East River Ferry (qu.)
United States Leather, pf. (qu.>.
.
2
1H Sept. 15 Sept. 6
50c. Aug. 25 Aug. 21
1*2 Oct.
1 Sept. 16
1 Sept. 14
1%'Oct.
1*2 Sept. 15 Sept. 2
1 Sept. 16
lVOct.
to
to
to
to
to
to
Sept.
15
Sept 30
1
Oct.
Sept. 16
Oct
1
WALL STREET, FRIDAY. AUG. 24. 1900.-5 P. Bl.
The Money Market and Financial Situation.—Inactivity
has been the most prominent characteristic of Stock Exchange operations this week. If there is any feature of the
markets worthy of note it is the fact that a little more interest in railroad bonds is manifest. This additional interest
is not general, however, but limited to a few issues, reference to which is made in our review of the bond market.
Otherwise affairs in Wall Street remain in the same inert
condition as for some time past.
No doubt this hesitancy is due in considerable measure to
the possibility, however remote, of a change in the Administration; and as one views the effect of a remote possibilrepresented in Stock Exchange circles as in the proportion of 4 to 10, the question naturally arises, What would
be the result if such a change should actually take place ?
Other conditions that might be expected to affect the
security markets are quite as favorable as for some time
past. The occupation of Pekin by the allied forces lessens
the probability of a serious conflict in the Far East and
easier money markets abroad, especially at London, are reported. Notwithstanding the near approach of the season
when New York is usually called upon to supply funds for
crop-moving purposes, there is as yet no evidence of an increasing demand for money, and rates are practically unity,
changed.
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from V/i to 1% per cent. To-day's rates on call were 1J^ to
1% per cent. Prime commercial paper 4 to 4% per cent.
The Bank of England weekly statement on Thursday
showed an increase
in bullion of £2,496,110 and the percentage of reserve to liabilities was 41'04, against 36-50 last week;
the discount rate remains unchanged at 4 per cent. The
Bank of France shows an increase of 14,200,000 francs in
gold and 2,875,000 francs in silver.
The
York City (Jlearing-House banks, in their state-
New
ment
of
Aug. 18 showed a decrease in the reserve held of
$8,341 ,800 and a surplus over the required reserve
$20,557,050 against 128, 125,950, the previous week.
of
Interest
Periods.
1900.
Differen'sfr'm
Prev. week.
1899.
Aug.
19.
1898.
Aug. 20.
74,222,700
Surplus
91,035,000
Loans (fcdlso'nts. 814 883,600 Ino .6,837.400
Clr cul ation
28,083,600] lno. 672,300
Net deposits
894,3 17,800 Deo.3,09 1,600
Specie
168,922.900 Deo.8, 106,900
Legal tenders.... 75,2l3,600|Deo. 234,900
Reserve held
244,1 36,50o!Dec 8,341,800
Legal reserve
223,579,460 Deo. 772,900
58,922,700
77.382,600
747,733,900
13,976,800
851,201,000
173,61«,200
54,266,400
227,«82,600
212,800,250
Surplus reserve 20.557.050 Deo 7,568,900 15.092.350
Notb.— Returns of separate banks appear on page 375.
59,022,700
75.2P2.300
666,743.400
14,202,000
765,013,800
164,573.200
55,519,500
220,092,700
191,253,450
18.
Aug.
Aug.
21.
22.
Aug.
23
k
reg.
reg.
k
t
k
;
—
Coins. Following are the current quotations in gold for
coins and bullion
— 62i»
Fine Silver bars.. —
Sovereigns
$4 87 ®$4 89
— 95 @ — 964
Fivefrancs
Napoleons
3 86 @ 3 89
Mexican dollars.. — 4814® — 494
XXReichmarks. 4 75 ® 4 80
— 44 @ — 46
Peruvian sols
25 Pesetas
4 78 ® 4 83
English silver
Span. Doubloons.15 50 ®15 60
$4 84 @$4 88
Mex. Doubloons.15 50 @15 60
U. S. trade dollars — 60 ® — 70
Fine gold bars... par -a^prem.
State and Railroad Bonds.— Sales of State bonds at the
Board include $2,000 Virginia fund, debt 2-3s of 1991 at 90;
$15,000 Virginia 6s deferred trust receipts at 6% to 6%;
$1,000 Tennessee settlement 3s at 95, and $3,000 Louisiana
consol. 4s at 108.
There has been a little more activity in the market for
railway bonds this week, daily transactions averaging somewhat more than $900,000, par value.
There were a few notably strong features, including
Wheeling
Lake Erie issues, which advanced from 5 to
61W
&
&
Western general 6s, which advanced
7 points, and Norfolk
2 points, all on limited sales.
St. Louis Southwestern bonds
were conspicuous for activity, and in sympathy with the
stock show a substantial net gain. Mexican Central, Central
of Georgia, Northern Pacific, St. Louis
Iron Mountain,
Atchison and Baltimore & Ohio Southwestern issues were
relatively firm. Missouri Kansas & Texas and Union Pacific
showed a tendency to weakness. In addition to the above
the active list includes Reading, Baltimore & Ohio and Wabash bonds.
Stock and Bond Sales. The following shows the volume
of business in stocks and bonds on the New York Stock Exchange for the past week and since Jan. 1
Sales at
^Week end. Aug. 24.^.
Jan. X to Aug. 24.
&
—
—
<
N. T. Stock Exch.
1900.
Government
$16,200
21.000
4,676,000
bonds.....
State bonds
RR. and miso. bonds....
Total
Stocks— No. shares
Parvalue
Bank shares,
par value.
14,712,200
686,068
$67,141,300
$3,000
1900.
1899.
$5,388,910
1,602.900
820,439,800
1.687,800
040,61*3,600
1899.
154.500
17.650,000
$17,604,500
3,637,490
$337,261,100
We add the following record
17,334.590
$649,715,990
$327,431,610
120,260.667
75,438 974
$7,251,221263 $11,638,798,800
IS17.96*
$78,660
of the daily transactions:
Week ending
V.B.
Stocks.
Railroad, die. State
Aug. 24, 1900. Shares.
Bonds.
Par value.
Bonds.
Bonds.
Saturday
Monday
Tuesday
Thursday
Friday
Total.
Capital
Aug.
20
Aug.
'104
104
103% *103% *104 *104
-Moh. >100
*1083» *109
*109
-Feb. *109 •109
38,1918
109
3s, 1918
-Feb. >109 *109
coup.
108% 10914 *109 109
3s, 1918, small.reg.
-Feb.
3s, 1918, smaU..o'p.
-Feb. i"09" *i"C9" *ioiii *io§" *i(J9" *109
*115 *115 115 *115
48,1907
reg.
-Jan. >115 *115
4s, 1907
-Jan. 118 *115
eoup.
1151s *115 *115 '115
*132i«
'133 *133i4 *133 *133
48,1925
-Feb. 132is
reg.
*133i4 *133 *133
4s, 1925
-Feb. 132ia 1321* U33
coup.
58,1904
-Feb. '1121s 1121s "1121a *112H *112i« -1121*
reg.
58.1904
-Feb. 112ia *112i« *112i« *112ia *112i« *112Jt
coup.
* This is the price bid at the morning board
no sale was made.
t Prices are quotations in "Unlisted Dep't" for bonds "when issued."
2s, 30-year, ref'd'gt
2s,
Wednesday
Aug. 18.
;
;
ND S
Per
of Oompany.
[Vol. LXXi.
buying par, selling % premium; New Orleans, bank, $1 00
premium commercial, $1 00 discount Chicago, 15c. dis~
count; St. Louis, 50c. per $1,000 premium; San Francisco,
7%c. per $100 premium.
United States Bonds. Sales of Government bonds were
Maxell*.
DE
.
The
sales
72,487
19B.360
116,894
86,254
99,016
117.067
$7,170,700
19,229,500
11,020,900
8.480,400
9,741,600
11,498.200
$229,000
669.600
1.123,500
718.500
1,195,500
760,000
686,068
$67,141,300
$4,676,000
-Boston.-
shares.
Monday
Tuesday
Wednesday
Thursday
FridayTotal
5,666'
$11,000
3.700
4,000
5,000
600
$21,000
$15,900
on the Boston and Philadelphia Exchanges were:
Listed
Saturday
$7,000
Unlisted
shares.
3,149
6,604
4.926
6,227
2,806
5.446
2,034
3,790
3,820
2,334
1,202
2,038
29.158
15,818
Bond
Philadelphia
Listed Unlisted Bond
salts
shares.
4*0 $144,500
sales.
$2,000
shares.
799
11.000
25,340
18,000
6,050
5,887
8.599
7,694
6,173
6.*48
7.443
4,854
66 900
36,543
18,855
443.935
68,877
1.676
4,540
t>05
GW
bb.VQ
f 0.975
96,100
41,100
2 8.839,250
Railroad and Miscellaneous Stocks.—The market for
stocks has been dull and irregular. The transactions on
Foreign Exchange.—The market for foreign exchange has Wednesday were the. smallest in several years, amounting
been firm on a moderate demand and limited volume of to only 86,254 shares, the average for the week being 124,
business. Rates are fractionally higher.
130 shares. The general list was heavy during the early
To-day's actual rates of exchange were as follows: Bank- part of the week, but the market was firmer on Thursd
ers' sixty days' sterling, 4 84^ @4 84%; demand, 4 87%@4
Louis
88; when an advance in Central of New Jersey and St.
cables, 4 88J^@4 88%; prime commercial, sixty days, 4 %'i%@ Southwestern issues was the feature of the day. The grang4 84; documentary commercial, sixty days, 4 83!^@4 64^; ers were generally weak, as was also Union Pacific. Northgrain for payment, 4 84>|@4 84%; cotton for payment, 4 83% ern Pacific and New York Central. Southern Pacific. Balti@4 83%; cotton for acceptance, 4 83%@4 84.
more & Ohio and Reading were relatively strong. Th
Posted r ates of leading bankers follow:
were some erratic features in to-day's market. Chi
North Western preferred advanced 3 points on bids for 500
August 24.
Sixty days.
Prime bankers' sterling bills on London.
4 H5
Prime commercial
4 83*«4 84
Documentary oommerolal
4 83*494 R4I4
Paris bankers'
(f ranos)
Amsterdam (guilders) bankers
Frankfortor Bremen (reiohmarks) b'kers
Less
5
Demand.
4 881*
I
lSVfciS 1* 5 16*4®15V
40 "3>40i,«
949,„fl>94Bs
408 6 »40'4
OfiVi
956m
iiR.
The following were the
rates of domestic exchange od
at the under-mentioned cities to-day: Savannah,
buying 1-16 discount, selling 1-10 premium; Charleston!
New York
and Lackawanna declined.
The miscellaneous list was generally neglected, and
fluctuations are in most cases without significance. An.
can Sugar Refining was unusually dull, and shows a net
of -3% points. Consolidated Gas covered a range of i%
points, closing near the highest.
General Electric was a
strong feature, advancing nearly 5 points and makin-' a new
high record for the year. People's Gas was exoeptionallj
points below last week's closing prir<\
active and sold
but recovered a point. American Tobacco, Colorado Fuel &
Iron and Tennessee Coal Iron & Railway were weak.
shares,
;>'.•,
.
.
August
.
.
,
..
..
.
..
THE CHRONICLE -STOCK
25, 1900.]
8TO0K8—HIQHB8T AND LOWEST 8 ALB PRI0B8.
Aug.
iT
'16
18
44
88
71
49*
87*
to*
7m
•79
7144
7994
58* 68*
•67*
noo
•89*
•49*
71
117
90*
50*
108*
Tuesday,
Monday,
Aug. 20.
Aug. 21.
•16
•16
•42*
18
44
179
16
18
•16
18
44
42*
87*
70*
71*
79*
79
79
56* 57* 5691 57*
•67* 71* •67* 71*
79
180
90
105
116
•89
•89* 90*
•19* 4994
108*
•105
90
16
67*
N.
•42* 44
56
•105
115
•49*
.
11*
•10*
125
120
{U*
11*
83* 84*
•68* 79*
•83
8394
83
•P8*
72*
•88*
•SO* 34
31
•23
•58
•88
•58
88
SO
114* 114* U3*
•171* 178 •178
162
•168* 164
'301
107*
107
•114
•17B
118
185
•120
185
1154
83
73
11H
83*
68* 69*
88*
30* 32* 30
82* 83* 21
118
178
114
170
114
118
185
•9* 10
9* *9*
32
•31* 32* •31* 38
88
58
59
58* 6994 •58* 59* •58
•104
108* •106 103* •108 108* •106
•9*
•31*
116
180
88
68
•85
•64
82* 83*
•30
25
80
68
25
64
30
68
•64
33
59
20
64
30
•58
pref.
Chloago Great Wei tern. .
4
debenture*.
Do
p.o.
Do 6 p.o. pref. "A"..
Do 4 p.o. pref. "B"..
Chlo. Indlanap. A LouUt..
pref.
Do
113* 113* Chloago Mllw. A
173
182
201
173
St.
Paul.
Do
pref.
Do
pref.
163* Chloago A North Weitern.
203
106* 106* Chloago Book III. A Pao.
116 Chlo. St P. Minn. A Om...
•••*)• 180
Do
pref.
10* •9* 10* Chlo. Terminal Tranifer..
•31
83
31*
Do
pref.
59* "38* 59 Cler. Oln. Ohio. A St. L.
106
106* 108*
Do
pref.
112
116
180
•
.
108* 1106
68
34
83
55
•21
•25
•64
30
68
30
68
Do
19*0«t
J'ne25
Feb 27
Jan 18
80*J'ne 25
49
52
98
47*Feb 87
91*Feb 26
pref.
6*
•;?* 41*
•16
•119
'177
17
8* 6*
48* 43*
•16
17
U394 '113 113*
179* '177 180
•18* 19* •18* 19*
43
43
18 17
118 113
177* 180
43
16
118
177
6
e*
6*
0*
42*
•6
•3*
•18
•10*
•33
•18*
145
•80
177
179
175
179
153* 103* 102
5152* 153
153*
i*l*l«
••••• *••••
103* 152
178
34*
153*
1,100
A Southern
lit pref.
do
2d pref. do
.
. . .
.
pref.
Dei Molnei A Ft. Dodge.
Dul. 80. Shore A Atl
Do
ee
Erie.
lit prer.
2d pref.
A Terre Haute
Bvaai v.
Do
.'
.
pref.
Ft.W.A Den.o.,itamped
t. Worth A Bio Grande,
reat Northern, pref. .
85
•82*
6294
SO
i.
34*
35
85
lie* 117
85
71* 73*
91* 9'*
'154
•30
•79
11*
158
81
81
12*
•3*
8*
•105
06
06
•93
•17
•66
94*
30
60
10
•9*
131
81
BOM 61
•87* 39
185
130
189
180
•11* 12
•70
•30
79
188
135
814
84
60
60
65
153*
30
•79
11*
'3*
•105
56*
94
18
•58
•9
81
60*
•37
•185
60
64
81*
•81
!?!fi
76*
51* Si*
65
•
17
18
59*
57
•9*
10
31
01
39
189
30*
•16
80
57
10
55
9*
31*
60* 61*
37* 37*
185
189
>
•18
10*
31*
50* 51*
•30*
•37
•185
39
189
J?*
31
01*
37
135
S14
133
810
30* 81
34*
ISO
810
31* 81*
• * • •
•138
•210
•81
•87
•185
i9*
189
39
189
»«•••
• • • •
135
810
21*
34
•210
34
135
814
21*
33* 33*
21* 21*
*8* ?JK 34
76
§78* 78* 74* 76
178*
61* 51* 51* 51* 51* 51*
71* 71* 71* 71* 71* 71* 71*
•34
•75
51
138
135
215
'138
'310
Minn.
St. P.
A
S. S.
31
34
75
76* 75
51* 50* 51*
71* {71* 71*
MoblleA Ohio
MorriiA Biiez
*
•
* *
* *
1
830
100
300
150
820
pref.
pref.
100
Harlem.,.,,.
Y. Laok. A Weitern....
N. Y. New Haren A Hart.
N. Y. Ontario A Weitern..
Norfolk A Weitern
N
1,562
670
338
pref.
Nor. Pao. By., yot.tr. ctfi.
Do
O Do
Paolflo
J'n9 12
J'ly
10*J'ne
31* Jan
15* Jan
40* Jan
84 J'ly
7*Jan
5
66
90
05
•85
•84
55
86
64
55
90
55
85
64
66
90
65
58
90
65
00* 58
05*
55
88
85
91
Do
90
13,060
1,550
pref.
57
80
IS* 80*
•
•55
•54
80
Bid and aiked pries*
1
ne
•55
•54
80
58
60
80
isles
58
60
80
•55
04
579*
were made on this day.
OUT8IDE SECURITIES (Given
Street Railways.
NBW YOBK CITY.
Bid.
A Ful F—stock. 38
lstmort 4i 1960... JAJ 100
i'way A 7th Ave— Stock
232
litmor 5s '904... J ad 1103
Idmor 5i 1914.... JAJ 110
Don 5i 1943— 8m Stock Bzohl
tieeok St
I'way Bur' lit 5i gu. 1924 {114
«d fiilnt as rental. 1905 1103
antral Crosstown—Stook 255
1st
6s 1988
{125
en Pk N A B B1t— Stook 198
M
ooniol 7* 1908
MAN
JAD
106
Alk.
36
108
840
105
112
lit.
117
100*
130
800
107
05 58
58
64
54
60
79* 80* 81*
9*Aug
3
3
29
37
21
5
83
20
30
Aik.
185
1
lit.
Scrip 6 • 1914
43d A Gr St Fer—Stock..
42d St Man A St N Ave.
lit mortSi 1910.. MAS
2d Income 6i 1915. JAJ
135
118
101
99
390 405
105 109
392 400
73
88
113 118
101
98*
Ninth ATenue— Stook
106
Eighth
A
St.
03*Not
138*Sep
179
173
Sep
Sep
310*Sep
l32*Jan
126*Sep
180
Sep
35*Mar
58*Mar
64*Not
27
Sep
8 Not
17*Not
4
Deo
16*Jan
87*Deo
15*Deo
36 Mar
43 Jan
14
14
S3*J»n
46*Not
98* Sep
Aug 85 Jan
Jan
Feb 30 Mar
42* Jan 195 Mar
49*Jan 8l*Jan
9*Oot
6 May
82 J'ly 87*Sep
5 3* Deo 66*Sep
105*Deo Hi 2 Jan
10*Mar 16*Aug
40 Deo 62*Aug
7*Jan 10 Mar
1
12*Mar 28
40*Apr 17
61*Apr 16
25 48* Apr 2
9*Deo
88*Deo
4
J'ne 80 14*Mar
J'ne 29 85 Jan
J'ne 20 40*Mar
1400 May 16 5420 y\y
1130 Jan 18 5135 Mar
11
29
39
31
13
10
I210*J'ne30 121 5* Jan 8
18*J'ne 20 26* Mar 28
40*Apr 18
Apr 28
63*Apr 4
78*Mar 28
88*Jan 10
67 Jan 8
48 J'ne 22
69*J'ne 25
81
48
83
17 57
3,653 135
5
80
100
100
780
L.
r
nD
Aug
Deo
85 Deo
208 Jan
85 Apr
88*Oot
133*Apr
269 Mar
39*Not
83 Not
17*Apr
6*Sep
08 Jan
77*8ep
64
Not
90
Fob
87*Jan
10 66*Jan
J'ne 27 142* Apr
4
84*Apr
2
08*J'iy
11
5
May 1
9*Mar 36
29*Mar 27
10
J'ne 19
Jan 29
50*Jan
00 Aug
78
J'ne
34
06
12
4
Mar
80*Jan
31
68
14
J'ne 25
94
Jan
14*Jan
45*Aug
52*Apr
52 Acs
1187 Not
144*Mar
19* Jan
ll*Deo
Mar 80 Oct
Deo 41 Jan
5360 Jan 5390 Mar
189*Jan 5138*Mh
5198 Jan 5222 Apr
18* Jan 28*Mar
17*Mar 88*AU*
61*Jan 74*Aug
43*Jan 57*Aug
68 Deo 81*Jan
Aug
May
May
May
l*Aug
pref.
j
*»
84
65
39
68*J'ne
88 May
at foot of 7 consecutive pages).— SIREET
.
1914
Do
44*8ep
19 Not
31
75
39
735
pref.
PltUb. Oln. Ohio.
80*Aug
88*N0T
188*Jan 143 Jan
7*NOT
1 Jan
31
2
8
4
43
80
7*NoT
May
May 88 Jan
Feb 100 Aug
Less than 100 snares.
I
Bid.
Street Railway.
Chriifp'r A 10th 8t-8took 175
Col A 9th Ave 5s-S«« Stock Bzoh
120
Dry D B B A Bat— Stock
lit gold 5i 1933... JAD 1115
Scrip 5i
Do
30*Jan
108* Aug
3 Apr
7*Jan
70
88*J'ne 25
38* Jan 11
5
55
54
79*
57
80
80
1329iSep
8*Jan
33
pref., rot. tr. otf •
Coait Co... .......
lit pref
•63* 64*
84 65
Do 2d pref
66
{60
60
189* 189* 129* 189* 129* 129* 139* 129* 129* 129* 128* 129* Pennsylvania
,,,
•1*
•1*
8
8
1* 3
1* 8 Peoria Deoatur A Evamv.
« 8
•1*
2
:B
:
5
7* •5
6
Peoria & Eastern
7
7
7
7*
7
.33* 33* •82
23* 22* 23* •22* 38* •22* 88* •22* 83* Pore Marquette
6
31*Dm
149*Feb
68*Apr
100*8ep
4*3ep
10
21
9
1•.HR.AN.Co.vot.tr.ofi.
•54
•88
94 Not
186*Not
5104 Jan 22 5112 Feb 8 110 Oct 116 Jan
45* J'ne 18 69*Mar 2d 35*Jan 78 Aug
87* J'ne 18 97*Apr 5 73*Jan 99*N0T
8*Jan 37*May
15 Jan 8 27 Apr 24
39 Feb 72 Mar
00 Feb IS 69 Apr 24
100
lit pref.
2d pref.
Do
70 Jan
10*J'ly
33 Deo
33 Jan
35 J'ne
5183*Janl9 H89*May 4 176 Jan
2,849 125*J'ne 25 139* Apr 4 180 Deo
19,614
,
Central A Hudion..
NY.
T.Ohio. A St. Louis..
Do
Do
New York A
e e e
1,200
Marie.
Do
59*
9* Mo. Kamai A Texai
Do
30* 30*
01
51* Mluouri Paolflo
129* 130* 1139*139* 129* 129* 5129* 129* 129* 189*
•11* 11* •11* 11* •11*
U* 11*
iA* 11*
in*
•70
78 79 •70 79
79
•70
79
70
79
•29
30 31* •80 31* 30 32 •30 37
34
•133
•310
Long Island.
58*
58* •56
9*
186
20
•16
80
56
3
21
22
99*May
31*Deo
4 3* Jan
94 May 10» Deo
9 J'ly
16* Jan
37*J'ne 49*Deo
ll*Deo
5 Oct
• • • e • *
> * * >
20
59
Feb
Not
09
103 D««
• • • e e •
.
60
60
85
2l*Mar 27
110 J'ly 20 17*Apr 19
661 30 Aug 21 43*Apr 3
8 May
3* May 24 3* May 24
16 Mar
15 Feb 2 17*Mar 27
300 20*Mar 16 34*Apr 9 14* J'ne
83*Feb 2 100 Apr 2 60 Jan
10 5197 Jan
3 212*May 28 196*Jan
100 47*Jan 4 89 May 5 45 Deo
6,360 70* Aug 1 87*Apr 3
63 Mar
4,930 84 J'ne 25 101 Feb 14
85*Deo
1,465 144*May 14 183 Feb 13 147 Deo
24*Jan 29 37*Apr 5 13*Aug
.*••*
76 Feb 87 83*Feb 14 44*May
190 10*Jan 8 l4*Apr 18
6 Jan
375
1 Jan
8* J'ne 35 5 Mar 17
71* 71* 71* 78
71* 71* LouliTlUeA NaihTlUe....
91* 93* 91* 92* 91* 91* Manhattan BleT.,ooniol.
1155 155
51 53* 155*
155
etropolltan Street. ....
154* 154* 158* 103*
80 31 30* 32 30* 31* 80* 31* Met. Weit Side BL (Ohio.)
31
79
79*
81
Do
80*
•79*
80*
80* 79* 81
pref.
11* •11* 12* 11* 12* 11* 12* iLl* 11% Mexioan Central...
,,
3
3* 3*
3* 18
3* 3* •3* 3* Mexican Nat'l tr. reoti...
105 .... •105
•105
Miohlgan Central
105
00* 06* 50
55* "55* Minneapolis A St. Louli..
56
55* 56
Do
95
93* 93*
2d pref.
if* 93* 94* 594* 94* •93
•
810
60
65
71* 72
91* 93*
71* 72
9;
91*
30*Mar
May
84*Mar
46*Deo
89
27
6*Mar 5
17* Mar 5
14*Mar27
450
43*Apr 4
•
10 23* Apr 4
30
5 54* Mar 15
18 94* Apr 19
14* Apr 4 15*May 22
t • e e
ihiii
. .
•80
68*A.Uf
43*J'ne «iXAp»
87*J'ne |0*NOT
61 Deo 137 Apr
30
29
27
19
7* Mar
Jan
Jan
15 J'ne 1 19 Apr
49 144* J'ne 32 174*Jan
03* Mar 7 58 Mar
••••ft
8 Mar
5*J'ne 28
970 30*Jan 10 41*Apr
1,777 58 Jan
8 67*Aor
2,311 110 J'ne 25 120*J'ly
950 ll*Jan 12 20*J*ly
100 43 Aug 13 58 Mar
368 10 Jan 2 18 May
.
34*
63* 63* 68* 63* 63* 83*
Do
62* 83*
pref.
117 117
118* 117 Illlnoli Central...
116*116* 117 117* 117 117
19
19
19* Iowa Centra;....
18* 19
le
19
19
18* 18* 19
19
43 46 •43 46
•43
•43
46
•43
46
46
Do
46
48
pref.
•16
14* 16 Kanawha A Miohlgan...
15
16
15
1614 15M
16* 16* 15* 16
•15
an. 0. P. A Gulf, tr.reo.
•15* 16* •15* 16*
15* 17
•6
•6
•8
18
12* Kan. Olty 80. v ot. tr. ctfi.
12
12* •8
••••I
32 38* 134 34 S3 86*
30
30
Do pref., vot. tr. ctfi.
33* 33*
3*
2*
4
2*
•3*
4
•8*
4
Keokuk A Dei Molnei
4
4
4
14 15 •IT* 15 14 15
•14* 15
•14* 15
Do
14* 10
pref.
38
•38
29
28* 3»* Lake Brie A Weitern.
38
28
88
29
89
?5* •91
91 58* 92 95
•93
92 95
95
95
91
Do
pref.
209
'309
•309
•809 ....
209
Lake Sh. A Mloh. South.
1208 208
•345*
60*Jan
9
12* May
29*Mar
4
18
pref.
Do
Do
May 43*Oot
17 May 84*Feb
3«
318 38*May 15 47*Mar 27 35 Deo 08*Mar
313 14* Jan 6 20*Mar 21
13*Deo 25 Mar
300 110 J'ne 26 119*Mar 28 106*Jan 135*Apr
1,000 174 Jan 11 186 Feb 20 157 Jan 194*Oot
100 16*Jan 10 24*Mar 26
15* Deo 8S*Apr
300 64* J'ne 18 76*Mar 86 63 Deo 80 Apr
18 J'ne 20 19 Mar 38
13*Deo 23*Jan
el. Laok. A Weitern.
Dearer A Bio Grande. . ,
Do
14
19
16
10
70*Mar 29
115 Apr 26
99*Feb 13
58*Apr 7
93 Feb 26
188 Aug 23
4
5
81
pref. vot. tr. otf i.
gk
*VnB.AW.,deb ofi. "A"
Deb. otf "B"
34* 34* Hooking Valley
••••»
•
34* 34*
62* 63*
Do
Colorado
42* 541* 41* •42
Do
17
16* 16* 16* 16*
Do
113 113 118* 114* Delaware A Hudion
114
18* 19* 18* 19* 19 19 •18* 19*
36 68
67
•66* 68
67
679* • 86* 87* •86* 87*
13 15 13 15 13 15
•18
•18
15
15
15
•4
•8*
4*
4* •3* 4* •3* 4*
4*
•12
18 12*
18
•12
10*
•10* 11*
•10*
•10*
•10*
11
11*
U*
11*
11*
•33* 34
34
33* 33*
33* 33* 533* 38* 33
3394
18* 17 15* 17 15* 17
•15* 17
•15* 17
17
43* 45 •42* 45 42* 46
•42* 43
•42* 45
45
80 84
80
80 84 80 84
•80
84
84
84
•87
•18
'108
6*
6*
26
2
8
5*Jan 29
9
Colorado Mid., rot. tr. otf 1.
*6*
11
8
9
30*J'ne 25 39* Apr
700 55 J'ne 19 66*Mar
20 103*J'ne 1 lll*Mar
14*Jan 10 38 Apr
46 Jan 2 72 Apr
.
A Wheeling..
Cler. Lorain
Apr
Mar
Apr
29*Apr
74*Apr
89*Apr
90 Apr
80*Apr
18
48
8
14,604 115 Jan 6
97 Jan
2,081 84 J'ne 80 33*Apr 9
33*May
10,095 11 9* Jan 10 133*Apr 2 114*Deo
37 Apr 25 39*Jan 15
30 Deo
59*Jan
88 Jan 31 109 Mar 27
130 Jan 17 125 Aug 15 11 2* Jan
710 10 J'ne 18 15* Apr 2
10*Deo
340 81. J'ne 19 89 Feb 1
82 Deo
310 68*Aug 22 78*Apr 8 50* Jan
400 80 J'ne 23 42 Mar 31
38 J'ne
100 14 Jan 15 29 Apr 16
7*Jan
100 45*Jan 24 63*Apr 4
31 Jan
80,758 108*J'ne 25 136* Apr 4 113 Deo
195 169* Jan 18 174*Mar 21 165 Deo
1,100 150*J'ne 25 167*May 82 141*Jan
660 195* May 9 203 Aug 24 188 Jan
12,670 102 J'ne 85 114*Mar 28 100 Deo
118 May 12 123* Jan 31
91 Feb
172 Feb 8 175 *lar 3 170 Jan
100
9 13* Apr 27
9 Jan
7*Jan
Do
106* 107
•110
f
83
09
125
11
§93* 88*
•88* 71*
70
84
23
70
•33
9*
10
10
•86
•64
U* no*
34
•33
23
83
53
•53
60
53* 53*
55
55
113* 113*
113* 114
114* 113* 114
•171
173 S172 172* •173 174
173
162* 162*
162* 182* 168 163
162
800* 200*
301
31
106* 107* 106* 106* 106* 106*
•114
'175
120
125
•10*
Highest,
77,885
890
800
.
130
125
•10*
(1899).
Lowest.
40*J'ly 84
18* J an 8
pref.
Range fer preii
Highest.
Lowest.
16
81,655
27,807
13,755
Paolflo
I
•180
377
1.
for year 1900.
58* Jan
05*Jan
760 72*Jan
. .
136
Rdnge
16*Mar
50
50
49* 49* 49
4994
anada Southern
103* •••ota 103* Capital Traction
103*
103*
138"
186* 137* Central of New Jeney....
138* 136* 138
134
13494 184* 187*
l'si* 13S
27* 37* Cheaapeake A Ohio.
27* 279» 137* 379* 27* 27* 27* 27* 27* 87* 125*
126
130*
125*
185* Chloago Burl. A Qulnoy
125*
136
187 187* xl25*l35% 125*
Chloago Ooniol. Traction.
'*9*6*
"»8*
'96* Chloago A Bait. Illlnoli.
"9*6)4
...**» "96*
98*
•180
11
Page
On basis of 100-sh're lota ous year
Shares
Brooklyn Rapid Transit.
Buffalo Booh. A Pittsburg.
115
Do
89* 89* Canadian
•49
89* 89*
Sales
of the
Week.
87* a toh. Topeka A Santa Fe
pref.
70*
Do
73* Balt.AOhlo,TOt.tr.certfi.
80
pref.
Do
•67* 71
71
STOCKS.
Y. STOCK KXOH.
Railroad Stocks.
A nn Arbor.....
IX. Do
pref.
18
27* 37* 87
70* 70* 69*
78
73* 71*
79* 79* 'IVA
55*
56*1 57*
'106
115
90
Friday,
Aug. 24.
18
44
42*
27*
70*
71*
79*
27* 87*
70* 70*
71* 71*
55* 57*
•87* 71*
105
Wednesday Thursday,
Aug. 22. Aug. 23.
148* 48*
87* 87*
70* 71
71* 71*
(2 pages)
Stock Exchange— A Daily, Weekly and Yearly Record.
New York
£aturda
PRICES
.
FAA
Avenue—Stook.
.
Lex Av A Pav F St-Set Stk Bxohl
.
nt.
QO«
Street
Railway.
Aik.
200
109
Coniol. 5i, 1948.. .FAA 1117* 119
Sixth Avenue— Stook. .... 205
820
Sou BouleT 5i 1945.. JAJ {111 115
6o Fer lit 5i 1919. AAO {108
1
Third A venue— Set Stook Bxoh Ust.
Tarry
Si.1928 108
110
Yonkeri St BB 5s
105 107
28th A 29th Sti lit 5s. '96 {112 114
Twenty-Third St— Stock. 400 410
Deb 5s 1908
JAJ 105 108
112* "ft
Street Railways.
Bid.
Second Avenue— Stook.
195
lit mort 5i 1909.. MAN {107
.
•
.
l • •
<*c
Bid.
Weitoheit 1st 5i '43. .JAJ {109
.
WP AM
RAIL WA YS,
BBOOKLYN.
Atlan. Ave.,5s 1909.AAO {107
1
AAO
Con Oig 1931
Impt 5s— See Stock Exo
AAO
1933.
5s
B. B. AW.E.
Brooklyn City— Stock....
Ooni 5i— Set Stock Exc
BklynCrontnSi 1 908 J AJ
.
114
Alk
113
110
117
h Ust.
106
5103
833 234
hange list.
104*
BklnHgtslst 5s 1941 AAC 105
B'kyn Q Co. A Sub— S«e St Ok Ex.
•
•••
no
Ust.
r-«»\
t
<
THE CHRONICLK-STOCK PKICBS (2 pages)
378
ST00K8- HIGHEST AND LOWEST SALE PRICES.
Saturday,
Aug. 18.
•17
Monday,
Aug. 20.
I'M
50* 5894
88* 88*
17
•28
00
7*
48* 48*
•15
•0*
•66
16*
»?i
69
84*
n«
•87*
83*
110%
52*
Tuesday,
Aug. 21.
17
17
68* 59*
•50* 65
7
7
43
•15
10
•66
34*
12*
87*
32*
11*
52*
3494
11*
28H
3S*
10%
52*
8894
65
00
7
43
Wednesday Thursday,
Aug. 22. Aug. 23.
17*
•17
17
59* 60* 59* 60
39* ?2% •28* 80
60
90
•
•85
7*
7* 7*
46* 45* 47*
16* 15* 16
16*
15*
9*
66
60
9*
10
69
'66
34* 34* 133* 33*
28
37*
38* 33*
32*
11*
58*
12
11
13
38
13
38
45
69* 59*
76*
•7
7*
51* 53
•18*
•8*
189<
9
•46
48
•88* 24*
•14* 1494
•37
39
•124
128
•6*
46* 46
28* 84
23*
14* 14* 14
188* 88* 38
46
133
188
48
•8*
•46
58* 60*
76*
7*
•6*
7*
18* 18*
•8*
9
•46
24*
•14
128
133
138
128
14« 116* 16* 16* 16* •15* 16
15*
•61
61
61* •84* 64* 164
64
88% 38* 38* 83* 38
84
34
134
39*
•88* 90* •88* wo* 88* 90* 88* 90* 88*
•85
28* •85
28* 85
28* 85
28* 25
1156* 166* 154 157 •154 157 1155 155 155
34*
33*
34
34
34* 34*
33*
Ji* 68 66
•66
67
60
165* 65* 165
11
11
§9*
«* *65* 10* 10* 10* 10*
54* 65* •56 66*
55
55* 55
55*
5
•4*
•4*
6
•4*
5
5
4*
64
33*
25
37* 37*
•88* 89*
•19
•66
35
124
•118
19*
68
85*
76*
12494
117
03
•88
525
17994
26«
79*4
93* 93*
•128
45
•167
•7*
138
46
174
8*
35*
180*
IS* 16*
•35
•117
17894 175
8594 2694
17S* 78*
48
24
138
1183
15*
188
16* 15*
61
64
58* 53*
56*
•**
4*
5
37*
7*
167
175
173
167
•7* 8*
85"
"85* 84*
34* "85*
117 180* •117 180* 117
14*
•1594 16* •IS* 16
178* 173
172* 174* 174
86* 85* 35* 36
25*
77* 78* 77* 77* •76*
"84* "Hit
• •
•
33* 34*
66* 67
66* 66*
174
8*
34
67
174
8
•14* 16
•14* 18
176* 176 176* 174* 177
26
26
177
•
67
••••*
A Ohio
26*
77*
36
78
26
178
•••»•• •tell
• * •
84*
86* 2S*
67
84*
66* 66*
84
x
Do
Do
.
1,330
750
546
00
pref.
965
300
pref.
1,160
1,000
1,010
1,830
170
18,865
1,770
45,416
Amerloan Steel Hoop
pref.
A Wire
(new)
pref.
American Sugar Beflnlng.
Do
Amerloan Tobaooo
Do
Consolidated Gai (N. T.)..
Continental Tobaooo
Do
Detroit City Gai
Brie Telegraph ATeleph.
Federal Steel
Do
Gas & Bleo.
pref.
of Bergen Co.
General Hleotrio
,,
••••••
76
75
100
•10
15
75
1100
•10
81* 31* 31*
85 87* •86
17
8
3* •17
401
100*
•85*
25*
18*
•84*
•84
46* 46* 46
02*
02*
•80
•130
•15
35
137
•6
7
15*
•31* 33
06* 08*
40*
•30
138
15
76* 75
••••It
165
11,833
5,600
105
11,581
1,030
199
15
81*
87
18*
03*
86*
86
46*
93*
•16
•11
•45
30*
•95
•184
15
15
•6
7
96*
187
67
70*
309t
80* 80*
•
4
5
5
Do
5*
15
5*
16
11* 11*
65
45
65
47
10* 10*
68* 68*
30* 81*
04 06*
1124* 124*
<80
80
Bid and asked prices
i
46* 46* •5S* 46*
92* 02* 92* 93*
6
30
130
15* 15
85
187
7
31*
95* 06*
?.?.*•
2S«
72
78
6
35
185
45* 46*
98* 02*
80
188
15*
7
15
6
35
135
16
7
146
• • • * •
11*
96
31
OUT8IDE SECURITIES
Bid.
Street Railway.
Coney Island A Brooklyn. 835
1st 5s 1908
JAJ 103
Is oertfi lndbt 1 008. J A.i
100
B'kC.ANew5s'39.JAJ
114
Or.8t.ANew lst5s'06AAO 101
G'p't A Lorlmer St. 1st 6s
105
Kings Co. Blevated.—
1st 4s 1940
81*
Nassau Bleo pref
75
511944
AAO 111
JAJ
lit 411048
66
BewWmb'gAFIlstex.4*s 100
fltalnwAvlatftiilflaa. .J v.l 4116*
Ask.
«•••*
103
117
105
109
83
80
115
59
105
117*
3*Aug
34 J'ne
52*J'ly
65 May
06 Jan
,,,
Do
pref.
830
88
e • • e •
161
1,650
141
4,532
3,073
NewOent.Coal (new itook)
N.T. Air Brake....,
North Amerloan Co
Ontario Sliver
1,800
,
.
.
.
.
6*Jan
•
OTHBB
Bid.
Crosst'wn
C1TIBS.
RR—
Railway.
Ry— Con 5s.— He* P
Street
Col St
Buffalo Street Ry— Stock. 100
lltoonsol 5i 1931. FA A {116*
Deb 6s 1933
1108
Chioago City
Stock.. ••••••
Indianapolis Street Ry....
94*
CleTeland City Ry
100
Cleve Clty-lst 5s '09. JAJ 108*
Cleveland Bleotrlo Ry..,.
87
Con 5s 1913
MAS 106
Columbus (O) St Ry.,,,,,
87
Preferred
Ask.
MAN
83
>••••>
111
355
••*>*••
101
104
88
107*
89
85
— 1st
5s....,,,
Lake St (Chlo)Blev-Stook
JAJ
deb 5s 1028
Louis v St
Ry— 5 p o bonds
Common.
Preferred
Alk.
list.
1108*
03
78
29 Apr
SS *>••
73
Apr
141 Feb
5i*Pei
84*Jan
•BiS
18
Aug
Ju
64
32*8ep
21 Not
59 Act
59*Apr
3
Feb
1
95
34
30
H60*Aa
7
9
14
16
130
l*Jan
30*Feb
64
Sep
88 Jan 180 Dm
6*Feb 21*B«p
163 J'ne 223*Mar
80 Deo 65*Apr
71 Dec 108*An*
63 Jan 101 Aoc
02*Jan 120*Oot
S0*Deo 75 Apr
67 Deo 93*Apr
14
6
6
17
20
05*Jan 132 Not
37 Deo 76*Mar
05 Csc 110 Jaa
07 Jan 117* J'ly
17 Deo 68*Jan
5
1
10*Jan _86
40 Feb 13
31 66 Feb 8
10 80 Jan 5
11 100 Jan 4
80 18*May 2
7
70 Apr
Deo 160 Mar
9*May 20*Aai
33
7
Deo
31*Deo
3
31
35
10
Feb
Sep
87*Jan
69 Apr
94*Apr
48*Nor
86*Sep
33 Deo 73 May
84 Deo 106*Mar
11 4* Dec 183 Mar
110 Jan 133 Mar
194 Deo 105 Apr
30 Deo
74 Deo 99*Fsu
t78*Deo 389*Apr
131 Dec 150 Mtr
13
40*Feb
4i*Bep
85
Deo
77*Deo
24 May
70 May
11
25*Jan 8
70*Feb 6
80*J'ly 14
98
J'ne
62*Dec
95
Jan
Deo
Deo
70 Not
51 Mar
36
Feb
9
30
63*Feb
84 Fib
85 DM
95*J'ly 103*Miy
39 Apr
5 Jan
31 Dec 63 Jan
89 Deo 107* Jan
11
11
40*Jan
115 Jan
68 Apr
99*Attf
43 Jan
830 J'ly
17*Not
10*Apr
55 Jan
i80*Apr
Aug
81
01 Sep
a0794Ott
33*Sep
70 Aug
85 Apr
16*N0T
63 J'ne 86 104 Feb 2 36 Jan 186 Sep
13*J'ne 10 16*J'ly 11
11 Not 15*Jan
10 J'ne 18 35 Feb 7
17*Deo 45 Mar
58*May
77* Feb 8 71 Deo 80 Mar
145 Mar 1* 149*Mar 81 {45 Dec 60 Jan
7*J'ne 85 10 Jan 3
5*J'ne 40*Not
65 J'ne 85 77 Jan
64*Dec 84*Nov
81 J'ly
37*Dec 57 Apr
6 44 Jan
00 Feb 37 104*Jan
99* Deo 181 J'lT
120 J'ne 1 ll30*Feb
120 Deo lSSWBeP
77*J'ne 88 88*Jan
83 Dec 89*Jln
Bid.
1118
Jan
Jan
28*Feb 5 22*Deo
106*Feb 20 10S*Deo
Sl*Deo
J'ne 23 S3*Feb 6
70*J'ne 26 07 Feb 6 85 May
40*J'ne 35 64*Apr 5
86* May 14 93* Aug 83
S3 Aug 15 37 Apr 80
36 Oot
115 May 1 150 J'ne 7 110 Deo
13*Jan 33 15*Mar 36
6*Jan
6 Mar
6*J'ly 7
Feb 3
35*J'ne 11 47*Jan 3 36 Deo
02 Mar
lll*Apr 3 90*Dec
38 Aug 33 58*Jan 17 44*J'ne
71*Au, 18 88* Jan 17 75 Deo
176 J'ne 85 180* Jan 10 158 Jan
8* J'ne 35 87* Feb 6 16*Ueo
40 Aug 1 70*Feb 6 60*Deo
5 9* Jan 16 60*Mar 8
58*Deo
19* J'ne 86 28*J*ne 15
50*J'ne 35 67 Aug 8C
4*Mar 6 10*Jan 3
6*8ep
15* Aug
Aus
83
20
hlla.
16
J C Hob A Paterson
70
4l g Nov 1 1040. .MAN
1108
Kansas City Kl 6i
JAJ I 88
Guar 4s 1038
Jan
8* J'ne 18*Not
44*J'ne 61 dm
6*Dec 37*Jan
3
(Givbn at foot of 7 ooysBO UTivB paqib).— S1REET
Htrect Railways.
Oct
$BS
Deo
72* Deo
29
33 J'ne 21
70*J'ne 18
8,525
66
300
6
58 Mar 6
24 J'ne 30
600
Paolflo Mall,
31
14*Mar
1,306
1,135
pref.
National Tube Co
Mar
.
International oiiver......
Knickerbocker loe (Chic.)
175* 75*
30
188
15
3,580
1,876
i',B45*
32* 31* 31*
eopTsGas-L.AC.(Chlo.) 80,835
e
96* ee* 95* 08
Steel
Car
39* 40
Pressed
1,730
38
33* 38* 38*
•71
73*
pref.
20
Do
71* 71* 173
78*
•186 188
187 187
882
,.
186 188*5188 188* Pullman Company
•10* 10* UK 11* 11H
Iron
Steel.
A
1,860
U* 54* T> epubllo
154
54
154
pref
385
54
Do
154
oi* 53
•61* 62* •61* 63* •61*
•61*
Silver Bullion Certlfi....
•30
3*
80 28 30 11* 80
loss-Sheffleld S. A I ...
67 67* 67 68 67 68 67 II*
pref
100
Do
63
15
5
A Twine.
2,730
5* 6*
5* 6*
6* 7 Standard Rope
Iron
BB
Coal
A
69* 70
6,580
69* 60* 69*
Tenn.
69* 70*
15
16
15
200
15
14*
Texas Pacific Land Tiust
18
11
800
18* 10* 1094 11
13
:ii* 18 Union Bag A Paper
64* 64* 65
pref.
580
65
Do
65
65
166
65
47
Bx
press.
147
States
45
H5* 45* 46* 146 •45 47 United
•10* 10*
Leather.
States
4,890
10* 1094
United
10* 11*
11
'IS*
pref.
1,310
68* 68* 68* 6b94 68* 69
Do
69
69
30* 31
3,826
30* 80*
SO
30* 80* 30* United States Bubber
94
07
'04* 07
pref.
94* 07 •94 97
Do
•128
180 '183 130
10
183 180 •iae 130
Wells, Fargo A Co
4,356
180* 80* 79* 80*
est. Onion Telegraph
78* 79* 179* 70*
no sales on thli day. 1 Less than 100 share*, t Hx 100 p. 0. stock qUt. * Ex rights.
5*
Si
95
72* 72*
70
07
180
135
7
67
47
120
15*
70
16
HO*
88* I£«
60
86
82
07
40
67
65*
65
4
99
15
46* 46*
92* 92*
30
35
137
HI* U* 11* 11*
I5S*
64
54
81* 62* 61* 62*
•19* 21
19* 21
•6*
76
6
1186* 186* 1186
70
5
74 76 175* "75* Laolede Gai (St. Louis)
Do
pref.
{96
99 §100 100
10
id" "l5 10 16 10 15 Manhattan Beach Co
81* 81* 31* 81* 31* 31* 31* 31* National Biscuit
186
86
82* 86 88 87 84 87
Do
pref
18
17 18* 18* 18* 17 18 National Lead...,.
18
9C* 93 9C* 03* 89 98
Do
pref.
•88* 00*
35 36
25* 25* 26
36
25
85* National Steel
84 85
84
Do
pref.
85
86
84* 8494
100
33
40
72*
•66
4
5
•••III •••••»
96
72
•4
5
•
1,320
pref.
133
31
3 137* J an 4
2 118 J'ly 14
83 5 98* Jan
35 86*Feb
35 84*Apr
35 lll*Feb
128 May 17 140 Feb
37*J'ne 25 54*Apr
140 Jan 3 175 May
6*J'ne 35 16*Jan
l*May 7 8* Apr
39* J'ne 18 51*Apr
120 J'ne 8 131* Jan
ll*J'ne33 21 Apr
*167*A'gl4 190 Jan
81*May 31 88 Jan
70 May 13 80*Jan
90 Aug 13 98*J'ne
101 Jan 3 1 as* Feb
36*J'ne 35 67*Feb
60*J'ne 36 77*Feb
64 May 17 81 J'ly
120 Jan 10 1 40* An R
44 May 15 58*Feb
08 Jan 3 l0l*Feb
106 J'ne 85 11 5* Jan
"io6
pref.
A Hook. Coal A Iron.
Jan
05*Mar
8,085
a • •
Jan
Apr 30 1108 Jan 1119 Feb
10*Dec 81*Mu
51 Deo 68*8«p
30 Deo 46 Not
8 100 Apr
88*Jan 97*Oet
4 S3*Jan
30 Oct
52*Mu
88*J'ne 35
60*J'ne 36
pref
olorado Fuel A Iron ....
55
18
J'ne
2 1130
60 Feb
3 J'ne 13
7*Jan
18* J'ne 27 31*Jan
34* J'ne 18 4S*Feb
85 J'ne 25 93 Mar 34
17 J'ne 25 50*Feb 6
66 J'ne 85 86 Feb 6
107
.
•4
17
Not
37 May
15*Mar 27 10 May
6l*Mar 27 40*Jan 5894NOT
81 Apr 17
13*Deo 259iMar
13 5* Jan 8 117*Dec 242 Feb
53 190 J'ly
1,615 18 J'ne
020 70*J'ne
9,080 84*J'ne
pref.
Do
Jan
44
8*Deo
May
28*Dec
6*Jan
40*J'ne 85
pref.
Amerloan Teleg. A Cable.
American Tin Plate ......
Do
90*Not
7*D»t
64
24*Jan
62 1142 Mar 6 150 May
1,846 27* J'ne 36 40*Apr
110 60*J'ne 10 78*Feb
9*J'ne 33 16*Feb
868
pref.
Do
66 Jan
3*J'ne
68*Abt
38*Mar
12* Jan 15 18 Feb 7
57*J'ne 25 67*Apr
30 J'ne 85 37*Apr
516
110
330
Amer. Smelting A Beflnlng
Do
85 Jsn
68*Jan 24 38 Jan
143 Apr 12 118 Jan
44*Jan 10 60*Apr 4 38*J'ne
70*J'ne 33 78* Apr 4 66*Deo
6*Mar 16 0*Apr 37
8*Deo
17 J'ne25 84*Apr 37
19 May
8 J'ne 18 ll*Mar 26
7*Deo
46 Aug 30 58*Apr 3 45 Dec
21*J'nel8 S3*Mar 36 Sl*Deo
18 J'ne 27 20*Mar 31
13*May
37 J'ly 3 57 Apr 2 45 Deo
pref.
53
100
6
6i*J'ly
136 Jan
'
Highest
15* Dec
42*Dec
22*Dec
25*Jan
9
21*J'ne33 34* Apr 16
30*J ne 18 43 Mar 27
10*J'ne 35
40*J'ne 35
13*J'ne 25
Lowest.
S8*May
13*Mar26
8*J'ne 30
200
100
550
500
815
l
139*140
138 130
138 138* 188 138
ll*
58
•52* 53* 153* 52* (53* 53*
52* si*
51* 58* Gluoose Sugar Beflnlng.
100
•06* 09* 98* 00* 108* 08* £98
Do
pref.
00* 08
09*
•103 ....
•103 ....
103
103 ...
103
H. B.ClafllnOo
104
82* 33* 83 23
32* 23* 22* 23
33
83
83
33 International Paper
««8* 66* 66* 66* 68
66* 66* 86* 166* 6 6* §66* 66*
Do
pref.
38* 89
20
30
29* 29* 29* 29* 89* 29* 89* 89* International Power
4
61*
21* Apr 4
86*Apr 5
S5*Air 5
43*Jan 27 65 Aug 17
03
Mar 22
80 Jan 16
7*Aug 31
5 May 34
S8*May 36 48*Jan 3
ll*J'ne 36 16* Feb 5
8*J'te 35 13 MarSl
66 J'ly 13 72*Mar 80
31*J'ne33 30 Mar 30
J'ne30
40 Jan
86 Jan
16
45*Mar
7,297
Amerloan Malting.,
Col.
Range for previous year (1899)
1900
Highest.
Lowest.
818
41,79*4
Oil
Do
Steel
for year
30
35
pref.
Amerloan Cotton
Do
Range
[Vol. LX1I.
2.
On basisof ioo-sh're lots
111
Do
Amer.
Page
Central. . .
Anaoonda Copper.
167 174 Brooklyn Union Gai. ....
runiw. DookAC.Imp't.
7* 7*
Colorado Coal A I. Dev't
16
34*
100
750
0,825
15,088
30,270
1,386
2,094
1,600
merioan Car A Foundry
34* 34* 34* 34* 35
13C* •117 120* 117 130*
•••••
84* 34*
66* oe*
168
•7*
78*
100
100
Amerloan Dlitrlot Tel ....
167 1165 156 Amerloan Bxpreii.
33* 31* 32* Amerloan loe
Do
pref.
68
66* 65
10* 10
10* Amerloan Linseed........
ue
168
1,200
4,014
Adami Bxpreii.
64
38* "33* 84
00* 88*
33
38* 25
•84
24
400
1
25
84
24
34
24
23*
51*
37* 37* 37
38
37
87* 87
80
§88* 89* 88* 88* 88* 88* 88
•10
20
IS*
19* 80
19* 19* 10
10* 10
•66* 68
86* 67* 66 68 65 67
34* 8694 85* 36* 35*
36* 35* 34* 35
IS* 175* 76* 74
74* 75
74* 74* 74
74*
13S*1249j 121* 133
123*
122* 123* 181*123*
•116
118 •116 118 116 ffix 116 117
H7
02
•86* 02
100* 90* 88* 09
25* 26
525*
26* 25* 36* 36*
2S* 78
178
79* 78
78
78
78
78
78
78
02* 03* 93
9294 «3*
93* 03* 08* 02* 03*
138 133 128 133
"44" "44*
45
46* 44* 45* 46* 45* 44* 45
24
37
88
•«*•••
135*....
Toledo
.
24* 24* 23*
14*
14* 14
86* 137* 87* 38* 88*
14
17,110
Do
pref.
62* 62* Twin City Rapid Tranilt.
Do
pref.
58* 59 Union Pacific By
Do
76
...pref.
76*
•6*
1* Waba
18* 16*
Do
pref.
8* 6* Wheeling A L. B., new
Do
lit pref.
146* 46*
Do
23* 88*
3d pref.
W 1 con. Central, new
14*
88 39*
Do
pref.
miscellan's Stocks.
76
114*
•61
25
45
•25
•45
49
700
.
18* 18*
•8*
9
Y.
sr.
Sales
of the
Week.
Shares
STOCKS.
STOCK EXCH
17* 17* 16* 16* T> eadlng, Toting tr. otf
69* 60* x57* 58* -*-* lit pref., Tot. tr otfi
28* 2H* •28* 26* Sdpref., Totlngtr ctfs..
60 Bio Grand* Western
60
Do
00
pref.
00
7* St. J. A a. III. rot.tr. oti.
7* 7*
Do
lit pref.
46* 46* 46* 46*
16* 16* „ Do
3d pref.
15*
St.
L.
A 8. Fr., Tot. tr. otf 1
9* IS* 0* 10
Do
•66
68*
lit
pref.
68*
80
Do
3d pref.
33* »W 33* 335
18« 13* 12* 185 St. Louis Southwestern.
pref.
29
20* 88* 30* „ Do
33* Southern Paolflo Co
38* 34*
Southern,
Toting
tr.
otfi.
11* 11*
Do pref., Tot. tr. otfi.
52* 52* 52* 52*
14* Texas A Paolflo
14* 14*
hlrd Avenue (N. Y.)„.
•110 112 110 112
58* 59*
76* 76*
50* 58* 50*
76* 76* 76* 76*
6* 7* 7
7
18
18* 18
18*
•123
112
Friday,
Aug. 24.
62* 62*
••••
•894
80
•85
•45
6894
76
18*
33* 34
11* "M
53* 62*
14
14*
11
35
45
•35
>••»*
10
60
84*
12*
15
•85
•45
60
00
7
43
•14* 15
14* 1<*
110H 110* till* HI* 110 112 •110
115
. .
....
.
....
.
.
17
80
10*
94
180
70
110
LynnABos-lst5s'34.JAI) {118
Mlnneap 8tRy-5s'10.JAJ {108* 110
RAILWAYS,
Street Railways.
New
Orleans City Ry
Preferred
North Chicago— Stook....
1st 5s 1906-16
JAJ
North Jersey St.— Stock.
dc.
Bid.
Ask.
80
81
08
800
108
84-
06*4
100
107*
S3
Bonds
81* 84V
Pat Ry eon 6s 1931 .JAD 116
•Ml
Gen 6s 1014
AAO 105 •••«
Prov A Pawt'ok-lst 5s '33 {115
14»
14
tochester Ry
Con 6s 1030
,*.AO 1107*
3d 5s 1833
.JAD 80 "So*
inter (St
{ Buyer pays acornoa
•
,
.
August
N
931
THE CHRONICLE -BOND
25, 1900.]
BONDS
P.Y.8TOCK EXCHANGE
24
Week Ending Aug.
Am Dock 4
I.
See
See
Ann Arbor lstg
Cen
of
Registered
N J.
Aug. 24.
Last Sale.
Jan. 1.
Ask Low. High. No. Low. High
92
91
-Jt
100%
100*
Sale
U
91*
91
19;
101
85*
85*
Sale
86*
148
79*4 Deo'9u
MUM
••••• ••••!
• •••• MMII
103
Apr '00
106
94
94*
84
100*
193
94
Bale
99*
97* 102*
100
100* J'ne'00
87* 119
86*
92* 97*
86* Ang'00
$11 •110
OenOhloRlstog4*sl930 M-8 106
96
1990 A-O
WVaAPlstg4s
Beeeh Creek. SeeNYCAH.
111
111
5s. 1 9 1
86
• • •
HI
May'00
101
86* 91*
91
iiim
113
M
See Brie.
M-S 113*114* US* Aug'00
J-J 124*...,
Debenture 6s
103 Apr '97
ClAMahlstgug5s...l943 J -J
139* 189 J'ly'00
Booh A Pitts 1st g 6s. .1921 F-A •
124 J'ne'00
1922 J-D •124* 127
Consollste
Buff A Southwest. See Brie.
100
Nov'99
Buff A Susq 1st gold 5s.. 191 A-O
1913 A-O
Registered
Aug'00
J-D
108*107*
107*
1906
BnrC R A N 1st 5s
Con 1st A col trg 6s.... 1934 A-O 118% Bale 118* 118*
116 May'00
1934 A-O 115 117
Registered
106 Jan.'99
CRIFANWlstg5s.l921 A-O
MAStL 1st gug7s.... 1927 J-D
107
107
107
J
-J
107*
Canada Bouth 1st 5s. .. 1908
108* 108*
1913 M-8 103
2d 5s
108 104 Apr '00
1913 M-8
Registered
109
1937
1 947
114*
129
131
184
124*
U P Istg4s.l948 J-D
Central Ohio. See Bait A O.
CenRR A B of Ga—Col g 5s'37 M-N
1
Cen Branch
106
10 115
115
18 106
10 106
104
88
90
90
90
Aug'00
109
118*
116
108*
109*
104
92*
J'ly'00
87* 90*
91
117
Aug'00
1 94 5 F-A* 117*117* 117
1945 F-At
"9*2*
Sale
92*
98*
1945 M-N
97* Oot»'99
1945 M-N
45
44k
45
44*
lit pref lnoome g 5s .1945 Oot.t
12
12* 18
Sd pref lnoome g 5s. .1945 Oct.*
e*
6
6* J'ly '00
8d pref lnoome g 5s ... 1 945 Oct.*
1946 J-J 100 100* 95 Deo '99
MANDlvlstgSs
102 J'ne'^9
Mid Ga A Atl Dlv 5s. .. 1 947 J-J
105 May'00
Mobile Dlv 1st g 5s.. .1946 J-J
M-N
108*
107* May'00
Cent of N J-lst cons 7s. 1902
General gold 6s
1987 J-J 182* Sale 121* 128*
128
122
Registered
1987 Q-Jt 182
ISO J'ly'00
Convertible deb 6s .... 1 908 M-N 136
.
Registered
Oonsol gold 6s
Registered
.
Am Dook A Imp Co 5s. 921 J-J
LeAHud Rgengug5s.'20 J-J
Leh A WBC5s
1912 M-N
114*
1
101*
. .
Sale
48
82* 45*
2
MKI
105
118*116*
10
100* 101*
<*••••
* e e
•
ChloAN'west—Con 7S..1915
140
99*
94*
1
105* Aug'00
101
98
92
J'ly'00
101*Apr'99
103
.
110*
110*
109* 113*
103
103
101
115*
105*
100*102*
J'ly '00
J'ly '00
111
111*
103
Jan.'00
•
•••
• e
110
122
115
• •
6
Ul* J'ne'99
Aug'00
J'ly'00
116
O • O
• I
F-A •108*
F-A
M-N 109
Q-N
A-O •116 ....
A-O 114*....
A-O 107 ....
A-O 106 ....
M-N 107*...,
M-N 105 ,..,
A-O 116 ..,
A-O 114 ....
M-N 120* 120*
M-N
Des Mo A Minn 1st 7s. 1907 F-A •118*
Bsoan A L Sup 1st 6s. .1901 J-J 103
lows Midland 1st 8s.. .1900 A-O 102*
1905 M-8 112*
MUAMadlst6s
North Illinois 1st Ss.. .1910 M-8 113
OttCFA8tPlst6s..l909 M-8 118
Winona A St Pet 2d 7s 1 907 M-N 123*
MULSAWlstg6s...l921 M-N 185*
BxtAImpsfg5s...l929 F-A 181
Mloh Dlv 1st gold 6s 1924 J-J 139
Ashland Dlv 1st g6» 1925 M-S 137
Convertible deb 5s. .1907 F-A 106
Inoomes
.,.,1911 M-N
Chlo Rook Isl A Pao— 6s. 1917 J-J 139* 180*
Registered
1917 J-J 139 189*
107 Sale
General gold 4s
1 988 J-J
Registered
1988 J-J «••••• seee*.
DesMAFtDlst4s...l905 J-J "O
lst2*s
1905 J -J
86 oat*
Extension 4s. ...... .1905 J-J
94
KeokADesM 1st 5s.. 1923 A-O 110*111*
Small
1923 A-O
no*
Chlo A St L See Atoh T A 8 Fe
Chlo St L ANO. See 111 Cent.
Chlo St LA Pitts. See Pa Co.
Ohio StPMAOoon 6s.. 1930 J-D 132 134
Ch8tPAMinlst6s..l918 M-N 131
Nor Wlsoonsln Ist6s..l930 J-J 135 140
8tPASCltylstg6s..l919 A-O 131
Chlo Ter Transfer g 4s 1 947 J-J
93 Sale
Ch A West 1 1st s f g 6s.. 1919 M-N 106
General gold 8s.
118
1932
Chlo AWest Mloh Ry5s.l921 ?:S 101
Coupons off.
1921
ChooOkla A G gen g 5S.1919 J-Jd 104 106
ClnHADoonsf 7s
1905 A-O 116
2d gold 4*s
1937 J-J 110 114
CinDAIlstgng5s...l041 M-N 112
18
50
90
51*
ao*
88
84* 85
Un'd TrAB!eo(PTOv)-8t'k 109
111
West Chicago el.,
99* 100
Cong 5s 1986
MAN 103 103
Woroester (Mass)Tr-Com
80
31*
Preferred
105
134
134
115*
115*
116
110
May'00
Aug'00
114
108
115
i
108*113
98
93
92
96
J'ne'00
107
110
107
109*
117
J'ne'00
116* 119
117* Feb '98
120* 120*
118*188
103* Feb '00
103* 108*
H9*Deo'98
103
Nov'00
114
135
124
106
112
189
107
31 108*
183*
108*
105* 107
Apr '00
96
96
May'00
86* Aug'00
08* May' 99
113 Aug'00
107
114
133*
J'ly'00
131
188*
May'00
May'00
180* Aug'00
138
140
137
135
140
118
180
108
108
88* 86*
132
140
92*
106
138*
92* 97*
30
03
Oot.'09
118* Aug'00
100
99*
103
120
103*
112*
Oot.'99
J'ne'99
Jan-'OO
Ang'99
Oot.*97
112* llT
118*
97*
94
98*
98
98*
J'ne'99
98* Aug'00
103 Aug'00
99 May'99
MIMI «•••*•
88 Nov'99
100* 104*
'MM
105* Apr '00
105
114
114
•>t).l|
105*
IIS*
135* 138
Aug'00
181
188* 187
1S1
108* Feb V99
26
Col
74*
83*
87*
87*
87*
86*
86*
A-O 109*
133* 138
112 117
115 115
4s
6 127
06
104
103
0olA9thAv. SeeMet8tRy.
Milt •*>*•«
189 184
180*
120*
107
107
106
106
Nov'00
129
J-J
1947
1929
135*
133*:
137*
189*:
Aug'00
136* 135* Aug'00
Clev A Marietta. SesPaRR.
Clev A Mahon Val g 5s.. 1938 j-j •188
Registered
1938 Qu-J
Clev A Pitts. See Penn Co.
Col Mldl'd— lstg 3-4s... 1947
74* Sale
A Sou 1st g
U2*:
110
130
187* Aug'00
130* Apr '00
J -J ISO*
vs
Apr
118*:
112* Apr '00
112* Apr '00
HI* Apr '00
122* J'ly '00
185* May'00
104*
J-D
J-D
113* 117
105* Mar'00
107* J'ly '00
105
Deo '00
100
07
102
120* 132
108* 112
119 122
112 116
Sale
84* 93*
34
84*
106 109*
20
20
109* J'ly '00
128
May'00
ISO
74*
74*
74* Aug'00
88
83*
79*
71* 80
68
40
I
ISO
• • *
87
83
8
Solum A Greenv.
See So Ry.
Val.
Conn A Term. See
Conn A Pas Rivs 1st g 4s. '43
A Gt So. 8s» C A StP.
Col
111*117
100
113
Aug'00
Aug'00
Aug'00
May'00
Mar'OO
109* Aug'00
108 Nov'08
118 May'00
115* May'00
140
109
109
110
107
97*
•103
CA81stMOCCAI7s.l901 A-O
OInd A Wlstpf 6S...1938
Peo A Bait lit oon 4s. 1940
lnoome 4s.
...1990
CI Lor A Wh oon 1st 6s. 1933
107
105*112
Aug'O
Aug'00
Aug'00
Aug'00
116* J'ly'00
120 May'00
120
May'00
120
Aug'00
93
98
1938 Q-Fl
Yb
Yb
Registered
1936
Cln 8 A CI oon 1st g 5s. 1 928
C C C A 1 consol 7s ...1914
Consols! 7s
1914
Gen oonsol gold 6s . . 1 93
Registered
1934
AH
Val.
See
Hook
NAW
CJol
Gas
Securities.
M
Dak
107
A-O
alias A Waco. SeeMKAT.
116*
(Dae Nov. Due June. TDue Jan. IDueMay. oOpUon sales. 6Due Aug. cDue April. dDaeOot.
I
YORK.
Cent Union Gas— 1st 6s
Con Gas (NY)— Btook—
1908
MAN
Bqult GasCon. 5s 1932
MAS
Deb
5s
Bid.
Ask.
Gas
Securities.
Bid.
Ask.
« Y A Bast River Gas
NEW
Mutual Gas
N.
J-D
J-J
StLDivlstooltrg4s.l00O M-N
Registered
1000 M-N
Spr A Col Dlv 1st g 4s. 1040 M-S
W Val Dlv 1st g 4s. 1040 J-J
W
C I St L A C cons 6s. .1920 UA-1
M-N
GlnWAMDlvlstg4s.l991 J-J
lstg is.....
98* 100
18*
116*117
103
J'ly'00
(Given at foot of 7 consecutive pages).— GAS SECURITIES, &c.
OUTSIDE 8ECURITIE8
»4*
106*
102
185*
125*
103
104* 104*
10092
Aug'00
Aug'00
118
Extension 4s. .1886-1926
Registered ... .1888-1026
1987
Gen Gold 3*s
1987
Registered
Sinking fund 6s. 1879-1929
Registered ....1879-1929
Sinking fund 6S..1879-1929
Registered ... .1879-1929
86-year debenture 5s ..1909
1909
Registered
30-year debenture 5s.. 1921
1921
Registered
Sinking fund deb 5s. .1933
1933
Registered
lstg 4s
and asked this week. tBonds due July.
Ask.
99*
105
104* Apr '00
102* J'ne'00
102* 102*
J'ly '99
Apr '00
111* Feb '00
110
.....,.,1003
Cairo Dlv 1st gold 4s. 1030
119*
17
119
Apr '00
119
1902 ?-"S
1902 J-D
Geng4s
117
J'ly'00
J'ly '00
CCCAStL—
96
100
106
100*103
106*
101*102*
Aug'00
105* J'ly'00
102* J'ne'00
106* Feb '99
. .
88*
100
120
117
118*
114*
137*
124*
109*
166*
J-J
J-J
J-J •117*
•110*
J-J "118
J-J 117
J-J
WlsAMlnnDlvg 5S..1921 J-J 118
MU ANo 1st M L 6s. ..1910 J-D 117*
1913 J-D 120
lstoonsol6s
109
113
ll7*Jan.'00
I
115
135
125
1910
5s
1908
lstIADBxten7s
1st La Crosse A D 5s.. 1919
Mineral Point Dlv 5s.. 1 9 10
1st So Minn Dlv 6s.... 1910
1st Southwest Dlv 6s..l909
112*115*
109
•*•••
«*Q
J-J 116
J-J 180
117*
J-J '110
J-J
.
166* 169
172* 179*
166* 173*
168 178*
168
168
1.
Low. High
112* Aug'00
Sale 110*
110*
IMHi lO5*Feb'0§
112
117*
115* 119* CIStLAC. SeeCOCAStL.
a6
121* Cin S A C. See C C C A St L.
Clearfield A Man. See B RAP.
ilS* 117
"48
100* ClAkACeqA2dg8s.,.19S0 F-A
J'ly'00
100
1922 F-A '01*
Dlv g 3*s.,..1049 J-J 102*
Registered
1949 J-J
Iowa DiT sink fd 5s .. .1919 A-O 116 ,..,
is
1919 A-O 105*...,
Nebraska Bxten 4s. ,1927 M-N HI 111*
Registered
1927 M-N
Southwestern Dlv 4s.. 1921 M-8
95*
Convertible 6s
1903 M-8 125*
Debenture 5s
M-N
110
1913
Han A 8t Jos oon 6s.. .1911 M-8 •183
OhloABUl. lstsf oures.1907 J-D 114*
Small
1907 J-D
1st oon g 6s
1934 A-O 134* 136
Gen oon 1st 5s.
1937 M-N 116 116*
Registered
1937 M-N
116
OhloAIndCRy 1st 6s 1936 J-J 109 110
Ohleago A Brie. See Brie.
Oh In A Louis— Refg 8s. 1947
J U3
Refunding g5e
1947 -J 102 107
Loulsv N A A Ch 1 st 6s. '1 J-J 118
67
103
116
J'ne'00
99*
94*
Illinois
4s.
170
HO*
J-JI
Q-J!
J-Jl
J-J!
M>
187* 167*
172* Apr '00
170* J'ne'00
170
170
170
. .
100
117
DenrDlv4s
United Rys (St L Transit)
Preferred
130
Apr '00
101* 101*
118
,
Preferred..
130
116* J'ne'00
....
117* J'ly'00
117* 118* 117* Aug'00
116
117
,
Bid.
••••••
106
107* 111*
18 117* 125
85 116 122*
U20
116
1992 M-8
99* Sale
Registered
1992 M-8
94* ....
Craig Valley 1st g 5s. .1940 J-J •100
R A A Dlv 1st oon g 4s 1989 J-J 105* 107
Sdeong4s
95
1989 J-J
Warm Spr Val 1st g 5s 1 94 M-8 100 ,,.,,
103
flOlz Lex A B 8 gn g 5s.l 902 M-8
Ohio A Alton sink fd 6s.. 1903 M-N 105
Lou A Mo Rlv 1st 7s . .1900 F-A
2d 7s.
1900 M-N 101*
Miss Rlr B 1st sf g 6S..1912 A-O
Ohio Bar A Q—
Con 7s
1903 J-J 110
,
Sinking fund 5s
1901 A-O 103
Ohio A Iowa Dlv Ss. ... 1 90 5 F-A 108
i
J
J-J
since
Ask. Low. High.
I
112* J'ly'00
Gen gold 4*s
latest bid
120
88* 96
100
Con ert guar 4*8.. .1910 Q-MI
Cent Paclflo See Bo Pao Co
Charles A 8a v 1st g 7s. 1936 J-J
Ones A Onto—
G6s ser A
,,,,,,,1908 A-Ot
Gold 6s
1911 A-OH
1st con g 5s
1939 M-N
Registered
1939 M-N
92*
44
.
Union Trao (Ohio) Com.
Jan.
• • * •
U*
.
ByraenseRap.Tr., 5s, 1946
Last Sale.
,
CRIaFAN. SeeBCRAN.
ttreet Railways.
Bo Bide El (Chlo)— Stook.
Aug. 24.
.
Oarb A Shawn. See 111 Cen.
Oar Cent. See 8eab A Roan.
Carthage A Ad. SeeNYCAH
No price Friday!
Rant*
. .
Brans A West. SeeSavFAW
•
-J
. .
Registered
See Illinois Cent..
K A T.
Boonev Bridge. See
Bway A 7th At. See Met 8 Ry
Bklyn A Montauk. See L Isl.
Cent of Ga Ry-lst g 5s
1903
lstCAM7s
Chlo Mil A St P oon 7s.l 905
1914
Terminal gold 5s
Gen gold 4s series A. 1 989
1989
Registered
Gen gold 3*s series B.1989
1989
Registered
Chlo A L Su Dlv g 5s. .1921
Chlo A Mo Rlv Dlv 5s 1 926
1910
Chlo A Pao Dlv 6s
Gold 7s
J'ne'99
Week
Range or
167*
167*
167*
167*
-J
-J
7s*goldRD.... 1902
ChloAPWlstg 5S...1921
1916 J -J
Dak&GtSogS
1 924 J -J
Far A Son assu g 6s.
105* 106
•
BuffRAPgengSs
Chic Milwaukee A 8t Paul—
A 8t P— 1st 7s 9 g R D.'02
379
1.
Price
Friday,
Bid.
. . .
1948 A-Ot 100 Bale
1948 A-Ot
Registered
87 Bale
BouthwDlv Istg3*s.l925 J -J
1925 J-J
Registered
M-N
85* 87
PJunAMDlv 1st g 3*s 1 925
BuffNYAKrle.
Page
(5 pages)
lstHastADDlv7s...l910 J -J
Sold 4s
Bel A Car.
94*
98* 103
99 100*
78* 88*
» • • • S
. .
Registered
Monon Rl v 1 st gu s
90
•
BONDS.
EXCHANGE
BTOCK
N. Y.
Week Ending Aug. 24.
M
102* 106
J'ne'00
0994 May'oo
.1902 J-J
tr ser A g 5s.
Chlo A 8t Lou lst8s.. 1915 M-8
Atlanta A Char. See Sou Ry.
AU Knox A No 1st g 5s. 1946 J-D
Atlan A Danv See South Ry
Atlan A Tad. See South Ry
Austin A NW. See. SoPae..
Creek A 8. See Mloh Cen
Bat
-J
alt AOprlorlg 3*8.1925
1925 - J
Registered
Bqulp
since
PBIGES
1st
1995 A-O
1995 NOVt
1995 NOVt
Registered
Range
108
AtChTA8Fegeng4s..l095
Adjustment g 4i
Week's
Range or
M-N
1995
4s
Price
Friday.
Bid.
So Ry
labama Mid lstgug. 1928
D
AH.
See
Albany A Susq.
Allegheny Val. SeePennCo.
Alabama Cent.
1
.
Amsterdam Gas—
1st 5s 1944
JAJ {110
Consoles 1945
JAJ 105
Nor Un 1st 5s 1037.. MAN 103
108
3106
Y8tk Bxoh Standard Gas Common. 120
98
Preferred
01
140
1st 5s 1930.
MAN 1115
116
OTHER CITIES.
{118
Baltimore Consolldat— Be • Bait.
810
300
—
,
Bay
State
Gas—
1
112
107
104*
186
146
118
List
1*
108
»106
Boston UnitedGas Bonds- -Bosto nLlr
1st oonsol 5s.....
NY Elec Lt Ht A Pow—N. Y.Stk. xch Buffalo City Gas— Stook.
4
4*
1st 5s Bonds
« 63*
65
Gold 5s— See N. Y. Stk. Bxoh. List.
Bid. Ask.
Gas Securities.
Ohleago Gas— See N Y Sto ok Bx oh.
199* 800
Mnclnnatl Gas A Coke..
Jol
Gas
L A Heat—Com.
Preferred,,
1st 5s 1933
JAJ
msolld Gas (N J)— Stok
JAJ
1st 5s 1936
Cansol Gas (Pitts).... 50
5°
Pref
Bonds 5s.
Consum Gas
i
Interest
MAN
50
78*
09
as
80* 83
t50
•
(J City)—SU
1st 6s
{And
•
{
44
70
96
80
108
(104
•Mill
118
106
106
tPrtee Der sh are.
.
1
.
THE CHRONICLE —BOND
380
Price
Friday,
BONDS.
N.Y. STOCK EXCHANGE
Week Ending Aug. 24
If
Aug. 24.
H—
Bens* Bar
Ist7s......l921
1921
Registered
DelRlvRRBge. See Pa RR.
Den A R Or 1st gold 7s. 1900
.
,
,
142
1995
Gold 4
Dnl A Iron Range Ist5s.l937
1937
Registered
1916
2d 6s
Dnl Red
A B 1st g 5s. 1928
Dul So Shore A At g 5s. 1937
East of Minn. SeeStPMAM.
astTYaAGa. See.SoRy.
Elgin Jol A H 1st g 5s. 1941
W
,
,
. .
EUz Lex ABB.
Elm Cort A Mo.
See C A O.
See Leh ANY.
1.
139
123
"k 136
1057^
\06%
138*
138*
133
119
105
122
May' 00
• • * t
Mar' 00
• • • •
Feb '00
Aug'98
146* May'00
143 May'97
,
133
119
105
122
118
122
J'ne'00
J'ne'99
J'ne'00
J'ne'00
118«
114
113
148* J'ly' 00
148M J'ly'00
102*
98
107
102*
96
85
110
120
106
122
3
13
98
Aug'00
102*
t
25
110
,
• • • • •
• • • • •
•
58
If*
103M J'ly'00
106 Deo '98
89 Feb '00
99*
Jan.'00
Grand Rap A Ind. See Pa Co.
Gray's Pt Term See St L 8W
Hock Yal
1st oon g 4*s.l999
Registered
1999
V 1st ext g 4s. 1948
Col
Honst H A
T 1st g 5S.1933
Hous A Tex Cen. See So P Co.
AH
,
W
Illinois Centralist gold 4s
.....1951
J-J 99% Bale
J-J
A-O 106
M-N 104*
J -J
1951 J -J
Registered
..1951 J-J
lit gold 3*s
1951 J -J
Registered....
1st gold 3s sterling.. ..1951 M-8
Registered
.....1951 M-S
1952 A-O
Coll Trust gold 4s
1952 A-O
Registered
1953 M-N
Tex
gold
4s.
A
1953 M-N
Registered
Cairo Bridge gold 4s. 1950 J-D
1950 J-D
Registered
Louisville DIt g 8*1 .195 i J-J
Registered
...1953 J-J
1921 F-A
Middle Dlvreg 5s
1951 J-J
Bt Louts DIt g 3t
LNO
.
1951
Registered,..,
•
No price Friday;
115
Bbi
106
105
116
114*
105*
100*
108 Aug'00
104*Jan.'99
101* 102* 101*
102 102* 98
109*
1
118
128
107*113
137
142
37* 92
20
"i
Hecurlileii.
67
75*
Bid.
Ask.
40
Bisex A Hudson Gas
46
36
Fort Wayne (Ind)
JAJ 60
65
1st 6s 1925
100
Grand Rapids— Stock
FAA 1104 106*
1st 5s 1915
51
Hartford (Ct) Gas L... 25 t 48
40
85
Hudson Co Gas
108
102
5sgl949
Indiana Nat A 111 Gas—
MAN 61 65
1st 6s 1908
80
90
Indianapolis Gas— Btook.
MAN 99* 101
1st 6s 1920
121
HO
Aug'00
119* 121
12694
May'00
Dec'99
Feb "00
114
Nov'Wh
125
12694
ioo" ioi"
06* Aug'99
1
104
108
8ep.'99
•
•••••
•••!
•
103* Aug'00
108* 166
•••••• •••*
107
109* 109* Aug'00
106*110*
120
87
50
118
....
120
88
58
88
•10a*
119*1.1,,
Aug'00
10
83
55* May'00
113
113* 118
"1
X* 1?5
A-O
A-O
65*
65*
117
65* 70
Sale
66
••••I
2d gold 5s.
North Ohio 1st gn
116*128
108* 119
110* 112*
121
122 120* Aug'00
115* 117* 115* Aug'00
110* 113* 111 Aug'CO
1941
6s. .1945
1940
Leh VTerRy lstgu g5sl941
106* 109*
10894 Aug'OO
10894 Nov'99
J'ly '00
109* Oct.'99
10394 Not'99
W likes
b.
See
106*110*
112
112
115
Rcwislwred
1941
L Y Coal Co lit gn g 5s. . 1 983 J-J
Registered
1933 J -J
Leh A N Y 1st gn g is. ..1945 M-8
Registered
1945 M-8
117* Leh A
Aug'98
104
M-N
J-J
J-J
A-O
A-O
111*
• t • »
• • • •
"94*
93*
"9494
91* 93*
J'ly'00
..... *•***«
101*Bep.'99
LehAHudR. SeeCenofNJ..
«5 114
Cent NJ.
A Caney Vai. See Mo P.
136* 139* Lex At A P F. See Met St Ry.
Dook.
Leroy
•••••* •••••
Long
See Brie.
Long island—
lstoong 5s
1931 Q-JI 121
lstoong 4s
104
..1931
.....
General gold 4s
1938 ir.fi 100 101
Ferry 1st gold4*s.... 1932 M-8 100 105
100
...1932 J-D
98
99* Gold 4s
Unified g 4s
92* 95
1949 M-8
92
97*
Debenture
95
gold
5s.
1
934
J-D
....
108* 118
Bklyn A Mon lit g 8s. 1911 M-8 117
1st 5s
1911 M-8 109
104 109
lstg 5s.. ..1927 M-8 107 .....
NYBAMBoong5s..l935 A-O 107
Nor Bh b litoon g gu5s .. '33 Q-O 107 108*
120 125* La A Mo BIT. See Chi A Alt
L B A Bt L Oon on g 5s Tr certs
103 110
General gold 4s
1943 M-S
Louisville
A NashTille—
••••• MtM.
gold
General
6s
......
1980
J-D 117 118
100 108
Gold Si...
1937 M-N 111*....
,
Unified g 4
99
99*
..,.1940 J-J
120 123*
Registered.
...1940 J-J
102 108*
Coll
trust
5s
1931 M-N 108*
g
105 110
Col tr 5-20 g 4s ....1903-18 A-O
9896
Oecel
Br
7
1907 M-8 105
»»»»••
• •••
B A Nasn lstg 6s... 1919 J-D 112*
•••••t • •«»•
113
LOlnALexg 4*
1931 M-N
• tee
Nash A Deo 1st 7s
1900 J-J
lstg 6f .....1930 J -J 127* • t •
6
70
Id gold 8s
....1930 J -J 115
10
55
60
Pensaoola dlT gold 6s. 1920 M-8 108
Pens A Atl 1st gug6s.l921 F-A HO
102
104*
1921 M-8 126 Sale
BtL dlT 1st g 6s.
2dg3s
1980 M-S
60
89
89
BAN Aeon gugSs.... 1936 F-A 107
99* 99*
Blnkfd (BAN A) g6i..l910 A-O
Kentucky Cent g 4s... 1987 J-J
97
97*
LANAMAMlstg 4*s.l945 M-8 109
NFlaABlstgngSs ..1937 F-A •107
LA Jeff Bge Oo gug4s.l945 M-S • 95
116* 120
107* 111
NYARB
•
.
H
• » » •
NO AM
83
t
LNAAC. SeeOIAL.
98* 108* MahonCoal. See L SAM 8.
anhattan Ry oon 4s. 1990 A-O 101* 102
Registered
1990 A-O
Metropol Bl lstg 6s... 1908 J.J
Man 8 Oolonis g 5s 1984 J-D
MoK'pt A B Y. SeeP MoKAY
Metropolitan Bl. See Man Ry.
114 116
113* 113* Mex Cent oon gold 4s ... 191 J-J
litoon lnoome g 8s. ..1939 J'lyl
104* 106
td oon lnoome g 8s .... 1939 J'lyl
i917 A-O
BqnlpAooUg Si
dex Internat 1st oon g 4s. '77 M-8
1927 J-D
Vex Nat 1st gold 6
100 105
td lno 6s ACp stmpd. 1917 M-St
gold
B..1917
6s
An.l
Id Income
101 104
Max North 1st gold 6s.. 1910
98
98
1910
D
Registered
102
100
. .
. . ii
108
105
W
114*115*
108*
100
80 " "92*
90*
t Bonds
121* Aug'OO
1
99*
Laclede Gas— N Y Stock Hxoi,.
Lafayette (Ind) Gai...
40
1st 6s 1924
MAN 61
Loganspt A Wab Val—
1st 6s 1925
JAD
Madison (Wis) Gas— Stok
1st 6s 1926
AAO
Newark Gas 6s 1914
Newark Consol Gas ..100
5s 1948
JAD
New Bng Gas A 0— SeeBo
60
70
$105
Ask.
40
101
46
65
68
75
107
1139
1109
108*
stonL
1st.
31
110
105
107
106
Aug'OO
May'00
106
105
110
105
Jan.'99
......
••••1
May'00
105
108
63
J'ly '00
6i
n
4*
6* J'ly '00
07*118*
Aug'OO
9894
9894
109*
109*
96*
1
NOT'97
112*
103
103
127
117
"IS
106* 109*
96* 100
98% Aug'OO
106
128
116
117* Aug'OO
111
8
•-•-•-•-"
113* "lO 111* iYJS
Jan.'98
May'00
10294 103
J'ly'00 olO
Feb.'00
117
109* Not'99
10
12
66
Deo '99
10794 Aug'OO
<
97
123
186
107
HI
SU
97
107*
109*
U7
11094 " 3 K
HO* J'ly'00
126
127^ 189
98
107* 107*
Jan. '00
J'ly'00
109
HOfi
99
108
96*O0t.'99
101*
101*
iTi" 117'
114* J'ly "06
78
78
13
26*
13
86
85*
108* Apr "0C
81
Apr '00
13* J'ly'00
97
70
9
17
20*
89*
80
10
15
35
84* 88*
103*
103
81
81
17
12
105
May'00
105
81
70
J'ly'00
25*
108*
NY
N J.
A W.
W
W
MA P
M*8tP. SeeOhMA8tP
*
Due
April.
I
Due January.
Gas
Securities*.
1
Due
Ask.
Bid.
Ohio A Ind Con Nat A 111—
32
28
58
OhloAInd— 1st 6s '26JAD 54
Peoples Gas A Coke— N Y Btook Blxoc
Philadelphia Co— See Bos ton L 1st.
50 t 94*
ProTldence Gas
40
SO
St Joseph (Mo)
92
JAJ i 90
5s 1937
46
50
8: Paul Gas— Stook
81
....MAS
1944
79*
i
Consol 5s
14
Syracuse Gas— Btook
90
87
JAJ
Ist5sl946
94
91
Western Gas Mil w)
» •
66
J'ne'00
102* May'00
94*
94*
See
Cent.
See Erie.
Ohio
See
AN
*L8
Mil A Mad. See Ohio A N
St
Mil A North. See Oh
Mid of
due August.
Bid.
182
96" ioi"
97* 105
100* Aug'OO
105
October.
(Given at foot op 7 consecutive pages).— GAS, TEL.
4 1 us 8ecurltlea.
Kansas City Gas
100
5s 1922
AAO
120
. .
D
••»**«
h. llsi.
ioe"
•108
BIO ANlstglitpfei.1914 A-O
Gold guar 5s. ..,..,,. 1914 A O
May'99
these are latest bid and asked this week,
Gas— See N V Bxo
SeeBtLAS*
See LAN.
KeokADesM. SeeCRIAP.
Knoxrllle A Ohio. See So Ry.
LakejBrleAW Istg5s.l937
Mloh Cent.
101* J'ly '00
111
114* Kentucky Cent.
.
J'ly'00
Jan-'OO
100* 101
90*
195
1950
Registered
J'ne'00
103* 100
J-J
So lstg 3s.,
Registered 5s
1997
11394116*
123* 123* Leh VN Y Istgug4*e..l940
113* Mar'00
105* 105*
102*Apr.'98
Deo '99
J'l'y'OO
125
103
98
L 8 A M 8. See N Y Cent.
119*119* LehVal(Pa) oollg 6S..1997 M-N
106
105
105
OUT8IDE SECURITIES
Detroit
99*
95
118*
95
F-A 111* US
F-A
J-D 123*
M-S 100
J-D 125
99* 103*
Aug'00
O0t-'99
116* 118
1
F-A 50 70 66 NOT'97
1931 J-J 188*
Ev A TH lstoon 6s
123* 123*
1st general gold 5s. ...1942 A-O 106* 107* 107* Aug'00
1923
Vernon
1st
Mt
6s
A-O 105
Bull CoBr'oh 1st g 5s.. 1930 A-O
95
BvAIndlstoongug 6s.. 1926 J.J 102
105 J'ly'00
Fargo A Bo. See Ch MA St P..
Flint A Pere M g 6s. ...1920 A-O 128 .... 123* J'ne'00
1 st oonsol gold 5s. ... 1939 M-N
103 105* 105
105
Pt Huron DIt 1st g 5s. 1939 A-O 106 Bale 106
106
Fla Cen A Pen 1st g 5s. .1918 J-J 105
101 Mar'99
1st land gr ext gold 5sl930 J-J 100
"*»
1943 J -J
Consolgold 5s
••••
Ft 8 A V B Bge. See StLASF.
Fort St V D Co lstg 4*sl941
107
105 Mar'98
Ft W A D C— 1st g 4-6s. 1931
72* Bale 72
101*
'
KanC
Kansas Mid.
110
J'ne'00
1st g 6s. 1933
1.
Ask Low. High. No. Low. High
Bid.
76* 82* KCAMBABlstgug5i.l929 A-O
Kan O A Pao. Set M K A
110
92* Feb.'99
Brie A Pitts. See Pa Co.
BscanALSup. SeeCANW.
A St J. Se.CBAQ.
Han
onsatonlo. See NYNHAH.
Registered
107
J'ne'00 'in
J'Jy'OO 4 • • I
. .
97
AN Og
1932
5s.. 1951
1951
tine*
/on.
Last Sale.
j-j 100* 101* 101*
J-D
Sold 3*
1951 J-D
118" 120*
Registered
1951 J-D
Mem Dlvlstg4s... .1951 J-D
11*2* US"
.. -Registered
1951 J-D
112* 113
StL8oulstgug4s...l931 M-8
147* 14894 tod Deo A W 1st g 5s. ..1935 J -J
lstguarg5s
1935 J-J
148J4 14894
n
Ia ut ref 8 5s. .1948 A-O
J ? Pi*
Int
A
Great
Nor—
102* 104*
96* 99*
J;t8?i<I6i
1919 M-N
d
107 107*
1909 M-8
5».
;<J«r°}
8dgold4s
101* 106
1921 M-8
Iowa Central lstgold5s,1938 J-D
1
103
108
4s
Range
Week's
or
S«*L8AMS.
K^VtS?an A Mloh. 8t* Tol A O C.
. .
104"
BeUevACarlst6s....l923
OarbABlstg
82
109
110
fit
LXXI
Range
Aug. 24.
.
102*
M-N
117* J'ly'00
M-8 123
119* Jan.'00
M-8 117*
116* J'neOO
A-O 123*
123* Mar' 00
J-D 109*
106* Apr'99
M-8 138
189* 139*
M-8
143 Deo '98
J-J 87* 88 88
88
J-J '69"
May'99
"69 * 93*
J-J
69
69
J-J
Buff N Y A Erie 1st 7S.1916 J-D *184
140 Feb '99
Buff A B W gold 6s. ...1908 J-J 110
Small
1908 J-J 107
Chic A Brie 1st g 5s. 1982 M-N 116
lie* Aug'oo
Jeff RR 1st gu gold 5s.l909 A-OI 105*
106 Deo '99
Long Dookoongold 6S.1935 A-O 138
36* J'ne'00
Coal A RR 1st o gn 6s. 1923 M-N 105
Dock A Imp 1st our6s.l913 J-J 117
N Y A Green L gn g 5s. 946 M-N 105
109 Oot.'98
Small
1946 M-N
Mid RRofNJlltg8l.. 1910 A-O 119
119 Aug'00
N Y 8 A W— 1st ref 5s. 1937 J-J 108*
105* Aug'00
4U,
2d gold
1937 F-A
98
97* 99* J'ne'00
1.940 F-A
General go
94
96* 96
96
Terminal 1st g 5s. .1943 M-N 112* ....
113 Apr '00
RegisfS.OOO each. 1943 M-N
WilkABaslstgu g5sl942 J-D 105 105* 105* 106
Har AS A. See S P Co.
Gal
al HAH of '82 1st Ss.1913 A-O
Ga A Ala Ry 1st pf g 5s.l945 A-O
1945 J-Jl
1st oonsol g 5s
Ga Car A No 1st gu g Ss.1929 J-J
Georgia Paclflo. See Bo Ry.
Gila Y G A Nor. See 8o Pao Co.
1951
108* May'00
114*
58
4s. 1951
Registered
Iowa Midland. See Ch A N W.
108* 109* Jefferson RR. See Brie.
50
M-N 109*111
56
Western Line 1st g
137*
Registered;
114
W A Rio Gr 1st g 3-4S.1928
L, DIt. (Con)
.....1951
Bt.
[Vol.
2.
Price
Friday,
Registered
1951 j-j
Spring DIt lstg 8*s. 1951 j-j
Registered
1951 j -'j
.....
• • • • •
Cen.
Ool<»3*s
146* 148
1947
1919
3deztgold 4*
1923
4thextgold 5s
1920
5th ext gold 4
1928
1920
1st oonsol gold 7s
1st oonsol gold id 7s.. 1930
Brie lstoon g 4s pr bds.1996
1996
Registered
1st con genlleng 4s.. ..1996
Registered
1996
Ft
D.1
142
ChloStL
Brie 1st eit g 4
2d«xtgold 5s
Eureka Springs
BOND8.
8tock exchange
Week Ending Aug. 24.
104« 107*
138 141*
2
2
Oot.'9b
J'ly'00
124*
Page
(5 pages)
n.y.
108'
107
J-J
138
140
1936 J- J
97?<
1936 J -J •105
Improvement gold 5s. 1928 J-D 102* 103
Des M A Ft D. See C R A I P.
J-D 92
J-D 84
A-O 108
A-O
J-J 108
J-J *......
Jan.
Sale.
124* Aug'00
140
Ist00ng4*s
M-N
since
Last
lstoong 4s
Des M AMlnn. St* Ch A N W.
Des M TJn Ry 1st g 5s... 1917
DetMATol. SeeLBAMSo.
Det A Mack 1st Hen g 4s. 1995
Range
Ask Low. High. No. Low. High
Bid.
M-S 123*
M-N 138
A-O 104
J-D 139
J-D
J-J 135
F-A 117
M-N 102
A-O 120
A-O 102
M-8 146
M-8
A-O 119
A-O 118
A-O 11394
A-O 113!*
M-N 146
M-N
M-N 103
Del Laok A Western 7s..l907
Morris A Bsiex 1st 7s. 1914
1871-1901
78
litoon guar 7s... ...1915
1915
Registered
N YLaokAW 1st 6s.. 1931
1933
Construction 5s
1923
Term Aimpt is
Byr Blng * N Y 1st 7S.1906
1900
Warren 3d 7
Del A
IstPa D1t7s.1917
1917
Registered
Alb A SJtslstoongn7sl906
1906
Registered
1906
Guar gold 6s
1906
Registered
Week's
Range or
PRICES
.
(
is— See N Y
Bt
Bx
list.
• t
t
1
Due July,
a Optional
& 7ELEPH.,
dko
Bid. Alt.
Teles;. oV Telrph.
Tvlea. dk Tale*>h.
American Dlst Tele— NY Stock Bxaa
«•
Bell Teleph. of Buffalo.
112*
106
Central <k South Amer. .. 102
70
Caes A Poto Teleph— 8tk
60
5s 1909-29
JAJ 104
•
.
.
.
.
O muicrcial Cable
165
C immer Union Tel (NY). 110
B iplre A Bay State Tel
75
Brie Teleg A Telep— See 8 tokBx
170
115
.
43
Franklin
jAnd
interest.
List
4P
tPrloe per sh are,
.
Acoust
AJo
.
*
THE CHRONICLE -BOND
25, 1900.]
"M
.
.
PRICES
(5 pages)
Page
381
3.
Pnce
Price
Week,'*
Range
v "3
"8 *
BONDS.
BONDS.
Friday,
Friday,
Range or So
tinee
EXCHANGE
N.
STOCK
EXCHANGE
Y.
•St
«t Aug. 24. Latt Sale.
BT.T. STOCK
Aug. 24.
Jan. I.
Week Enddsg Aug. 24
Week Kndihg Acq. 24.
Bid.
Ask
Bid. Ask. Low. High. Ifo. Low. nigh,
ISO 149 May'00
N Y A Green w Lake. s*»Hrie
M'-il A 8t L— lit g 7l .1927 J-D 145
143* is!
SssNYCAHnd
182* May'00
122*133* N Y AHar.
Iowa ex lit gold 7s... 1909 J-D
182* Aug'00
122*182* NYLaokAW. SmDLAW
South Weit ex lit g 7i.'10 J - D 127
NYLBAW. 8** Brie.
128 128
188 May'00
Paclflo ex lit gold 6i .1931 A- O 122*
6 111*116* NYANB. SssNYNHAH
1934 M-N 114*
114
114%
lit oont gold Si
95* 97
97*
97% 10 93
999? NYNHAHart lstreg4s.'03 J-D
lit and refund. 4s. ...1949 M-8
A- O 189
Conrert deb oerts 91,000
Mln AStLgu. SwBOBiN
Small oertfstlOO
M * P it Si it 4i lnt gu..'38 J-J
HousatonioRoongSs.1937 M-N *190
M S8MAA lit g 4i lnt gu.'26 J - J
NHADerbyoonSs... 1918 M-N 116
MStPA88Moong4stntgu'38 J-J
NYANBlst7s
1905 J -J 114
Minn Un. 8*4 St P M A M.
Sale
45
91%
1905 J -J HO
1st 6
92*
91*
Mo KanATex— Istg4s.l990 J-D
88* 93%
Rang*
Week's
Range or
tint*
Last Bale.
Jan.
l.
Low. High. No. Low. High
.
.
.
1
66*
1990 F-AB
1944 M-N
2d gold4i
1st exten gold Si
Booner Bdg Oogu g 7i. .'06
DalAWa lit gu g 5i. 1940
M KATof Tlstgug5s.'42
Sher ShASou it gu g 5i. '4 3
l
K OAPac lit gfo.... 1990
A Neoiho lit 7i. 1903
Mo K A B 1st gug 5I...1942
190(5
Jd7l
Pao—
Mo
Tebo
Registered
lit oollgcii 5s
Registered
66
90*
90*
100%Nov'99
90%;8ale
M-N
M-N
116%
1
98*
Sale
A Iron Mount—
Gen oon ry AldgrtgSs'81
GenoonstampgtdgSs'31
Unit Arefgii
1929
Verd VIA W lit g Si.. '26
MlssRlrBdge. SwOhioAAlt
Mob ABlrm prior Hen g 5i.'45
93
J-J
92*
989?
76
83
102
112
"i 114*/
29
94
Sale
93
92
16
90
98k
94
O O AT
110*110*
no
1945
-J
Mob A Ohio new gold 6s.. '27 J-D 125
1st extension gold 6s. 1927 Q-J* 121
1938 M-S
General gold 4s
85
Montgom Dir 1st gSs. 1947 F-A 106*
St L A Cairo gu g 4i .1931 J -J
77V 84*
Nor Pao Ter Co 1st g 6s.l933 s
Nor Ry Oal. 8** So. Pao.
Nor Wis. SssOStPMAO.
Nor A Mont. SwN.Y.Cent.
Small
125*
120*
86
126
120
85*
128
120* 126
J'ly'00
85
16
OIndAW. SlsOOOAStL
87
83
hlo
106* 109*
106* Aug'00
SiiNTCiH
RIt. Bet B A O
Mont Cent. 8*4 St P M A M.
Morgan's La AT. SesSPOo
Monongahela
Morris
A Bssex.
LAW
8«* Del
lit 7s. '13
128
1901
100
1928
1917
1C6*
NashOhatAStL
3d 6s
1st oon gold 5i
lit6iTAPb
1st 6i MoM M W AA1.1917
lit gold 6s Jasper Boh. 1923
Nash Flor A Shef. SesLAN
NewHAD. SiSNYNHAH
Bkln
A Man Bh.
NY CentAHR
L
St*
128*
128
109
100*
105*
J'ly'00
J'ne'00
111
Deo '99
113
Deo '99
136
11
OO FA St
J-J 108*
1998 F-A
1936 J-J 107
Registered
1936 J -J
••*•*
2d gu gold 5s
1936 J-J
Registered
1936 j j
Cart A Adlstga g 4s. 1981 J-D
Clearfield Bitum Coal Corp
lstsfLntgug4sserA.'40 J - j
90
Small bonds series B. .'40 J-J 000000
Gout A J>iwelltgug5l.'42 J-D
Moh A Mai lstgugis.1991 M-8 «••••
N J Juno R go 1st 41.1986 F-A 105
Registered
1986 F-A
95
95
106* Aug'00
is.
•
106
* i * • t
J'ne'98
9i
No price Friday
;
108
q-m
J-J 105
J -J
J-D 80
M-N
M-N
A-O 120
.
Pacific
A
Atlantic
Proridenoe Telephone
Southern A Atlantic
.
.
no
118
90
115
120
116
118
315 835
Bosto nltit.
on lilt
182 127
165
163
110 113
75 100
95
96 100
90* 99*
97% 87%
21
98
108
105*
106*
J'ly '99
69
68
188*
88% 88%
J'ly '00
109
90
60
110
98
77
100
• • • * •
75
95
Apr '00
ooeee
• • «
•
SeriesB guar
WAO
11
•
121
128
127
105
108
Aug'00
May'00
Ss
.1919
1919
1943
103
103
110
110
115*
•onsaoolaAAt.
114
"eo DecABlstg6strreo.'30
Deo '99
115% May'00
188
J'ly '99
126* Aug'00
118
Apr'99
107
Aug'98
107
May'00
'.07
105
Jan.*00
119
102
181
J'ly'00
103
119
119
103* Mar'00
117* Feb '00
103
101* May'00
ib'i*
ibi*
101 Apr'OO
109*i Apr '97
101
181
116% Aug'00
114
117
.
103
U6%
116*117
116
107
99
187
135
130
109
110
110
185
A Cable— .See
Weit'n Union Teleg— N Y
Electric Companies.
m
Mfg
Due July.
Bid. Ask.
Phila Hit.
Btook Bioh
Allegheny Co Light Co...
Brush Bleotric Co........
Coniol Blectrio Storage.
Electric
t
117
113
109
C0..25
165
41
18
t
9
170
48
20
14
i*2l" 121
108*
117* 117g
113%117
117
Nor'98
Apr'OO
106* 109
100 101%
135 139*
101% J'ly'00
.,,„ 139* May'00
136
Mar'00
131
J'ly '00
108
May' 97
136
131
May'00
100* Apr'OO
101
J
MM-
Q-F
M-N
J-D
32
187
100
185
133
101
I
lit
.
Due June.
I
Bdlion Bl
Co NY— N Y Stock Bxoh
Bdlson Bl Hi Co Brk— N Y Stook Bxoh
11
Bdlson Ore Milling Co...
9
Blectro-Pnenmatlo Trans
3*
3%
Fort Wayne Bleo. Co. .25
48
Series A
36
Electric
88
—
Bid.
HI
117
117
100
99
88
101
118%
100*
IS
180% 180%
98
J'ne'00
9S
Nor'97
107* Oct'98
131
Nor'98
!(!• *•*»
90
116*
87%
100
J'ne'99
J'ly'00
Jan.'00
Ask.
113*116*
J'ly '00
100* Aug'00
87% 146
87%
84% Deo '99
98*
88* 88*
Due May. f Due Nor
Companies.
108
109
,
.
gu g,4i.l917 A-Ot
Jan.'00
130% Mar'00
98
137
136
134
00008 •••*•»
11*000 ••••••
•oooto ••••id
*•** OS
29
88%
30
99% 101
99* 101*
90%
88
94* 100*
86
88%
a These are option sales.
at foot op 7 consecutive pages).— TEL., BLEC.,
Teleg Telep
Bddy
Utah Cent
103* 105
Due Jan.
Nor'98
104*
",?
t
111*116*
111*111*
116*
111*
Sm LA Nash
Brans DIt lstg6strrec.'30
100% 103*
8d gSstrreo 1st pd.. 1926
100% 102%
'COABast.
SmCCCA StL
111*116*
ii.l*114% •eoAPekUnlstg6s...l92i
tdg4*s
Feb., 1931
109* 111%
110*110* Mne Creek reg guar 8s.. 1932
FlttsCln A St L. Sm Penn Co.
POOABtL. 8** Penn Co.
119 181
Pitts Cler ATol lit g6i. 1932
129% 129% PlttiFtWACh. SssPennOo.
1922
105* 109% fttts Juno 1st g 6s
102% 104% FlttsALBrie— 2dg5s..l928
121
•IttsMoKAYo—
lstgu6s.'32
119*
>dguar6s
1934
138 138
Jan.'OO
Jan.'98
108
116*116* 116*
A-O 118
J-J 118 ......
A-Ot 118
J-J 139
J-J *133 ...,,.
MoKeeABY lstg 61.1918 J-J 0O0OO0 0*000
Pitts P A F 1st g 5s
92
1916 J-J
10S 106
"ltts Sh A L B lit g 5s. .1940 A-O 118* i 17*
110
1st oonsol gold 5s
1943 J-J
.„„.
115% 116% 'ltts A West lstg 4s... 1917 J-J 100*
JPM A Cooertfs
100*
Mtts Y A Ashlst oon Ss 1927. M-N 119
tadlng Co gen g 4s.. .1997 J-J
87% Sale
126 189*
>>
Registered
1997 J-J
87% 87%
Mnsselaer A 8ar. Sm D A H.
•leh A Dan. 8*4 South Ry.
1939 J-J
98
104* 108* Rio Gr Weit lit g 4i.
129% Apr '00
105* J'ly'00
103% 103%
102
M-8
Q-s
Cong 4s
M-N 116 (Mill
?rRAIexlltgUg4*i.l941 J-J 109
0*00 iii" Aug'bo
01 A Mar 1st gu g 4*s.l935 M-N 112
112% Mar'00
DRRRABgelstguisg.'S6 F-A 104
Allegh Valgengug4s.l942 M-8 HI*
ibs" Nor '97
Sun A Lewis lstg 4s.. 1936 J-J 109
UNJRRAOangen4s.l944 M-S 116
117 May'00
106% 107*
3
11
104* 110
108
103* May'00
.
J -
OUT8IDE SECURITIES (Given
ei.
Telee. & Tele»h.
Bid. Aik.
,
183
110
95
76
...
Series A.
Registered
J'ly '00
Feb '00
these are latest bid and asked this week,
Sold A Stock
Bonds
Hudson Rlrer Telephone
Internatlon Ocean
Mexican Telegraph
Mexican Telephone— Sm
New Bng Telep— Sm Boit
Northwestern Telegraph
N Y A N J Telephone.
Co 1930
MAN
114*
183*
180
J-J •108
NACBdgegengug4*s.'4S J-J 103*
Pltti Oln A St L 1st 71.1900 F- A
Beglitered
1900 F-A
P CCA St Loon gng 4*1—
J'ly '98
•
107*
»ee.ee
g 3*s 2000
.2000
NYANorth lstg 5s.. 1927
R AOgoon lstext5s.'32 A-O* 187 128
Oiwe AR2d gng 5s.. 1915 F-At 110
R
O T R litgug 51.18 M-N '126*
Utiea A Blk Rlrgu g 4s. '22 J.J 107
N rOhle A St L lit g 41.1937 A-O 106*
Registered
19371 A-
W
WA
110
139
130
1940
SerlesO
*•••
J 187 131
Mloh Cent— 1st oon 7sl902 M-N 107*
1st oon 5s
1902 M-N 103* ....
6s
1909 M- 8 120*
Ss
1931 M-8 127 127*
Registered
12
117
105
C 6tLAPlstOong5s.l932 A-O
Registered
1932 A-O
C)erAPlttsoonsf7s.l900 M-N
<3engug4*sser'sA.1942 J -J
SeriesB.
1942 A-O
Series C 3*s
1948 M-N
lrieAPlttgug3*sB.lP40 J - J
Cong
95
KAAGR lit g o 6s. 1938 J-J
N Y A Harlem
107
Aug'00
109* 108
1940 A-O
1942 A-0
Series Cguar
1942 M-N
Series D 4s guar
1945 M-N
Series Bgaar 3*s..l949 F-A
Pitts
Ft
71.1912
J -J
5
97
1st
94
Sd7s
1912 J-J
108 110*
Id 7s
1912 A-O*
• Of t* •••••<
Penn RR 1st real esg 4s. 1923 M-N
•eooa •••••
Ooniterlingg 6s
1905 J-J
t •« o • » e o •
Con ourrenoy 6s reg.. .1905 g-MH
••• oitti
1
Registered
1931
4s
1940
Beglitered
1940
BatO A St 1st gug 3s. '89
103
117
108
•
NYAPutlstoongug4s.'9S A-O
Nor A Mont 1st gu g 5s. '16 A- O
West Shore 1st is gu. 2361 J-J 111% 112* 111% 111%
Registered
2361 J - j 111
111* 111% 111*
Lake Shore oon lst7s.. 1900 J-J
108* J'ne'00
Registered
1900 q-ji
101* May'00
Oonsol2d7s
,,,1903 J-D 118
114
118 J'ly'00
Registered
1903 j -D 112*
111% J'ly'00
Gold 3*s
.....1997 J-D 110
Sale 110
110
Registered
,,..1997 J-D Mlltt
10* Mar'00
ClnA81stgL8AMS7s'0l A-0 103
108*Dee'97
Det Mon A Tol 1st 7sl906 F- A 117
119* J'ne'00
Mahon O'l RR 1st Ss. 1 934
3:
88% May'00
J-D
A-O
M-N
SmN YC
SisGANW
P.
1910
PennOo— Gu lstg 4*s. 1921 J -J
Registered
1921 J-J
Gtd3*sooltrustreg.l937 M-8
109
Registered
gu g
133
95
90
SfiubsldygBs
.
1st
106*
103% 104 131 102*
101
104* Aug'00
65
65%
65%
66*
66* May'00
131*
131* May'00
J-D
A-0
J-J
104* 107* "DaeOoastCo— 1st gSs.1946
X MOf Missouri. 8*4 Mo Pao
Panama lstsfg4*s... .1917
108% 118
108% 108%
Registered
1903 J - j 108*
108* J'ly'00
108*111
1997 JG3*s
109*
109% Aug'00 aS 108 111*
Registered.
1997 J-J 109
....„
113* Apr '99
Debenture 5i of 1884-1904 M-8 107*
107* 107*
103% 108
Beglitered.. ..1884-1904 M-8 107*
107%
105%
107*
107*
Beg deb 5i of ...1889-1904 M-8 107*.,.,, 109* Sep.'97
Debenture g4i.. 1890-1906 J -D 1029$
101% 103%
101% J'ne'00
1890-1905 J-D 102%
Beglitered
104% Feb.'99
Debtoertsextg 4I....1905 M-N 108%
alO
101 103%
102% Aug'00
Registered
1905 M-N 108%
102* J'ly'00
Lake Shore ool g 3*s. 1998 F- A
96* Sale
96*
98% 21 96* 99
Registered
1998 F-A
4
96* 94
94
98
94*
Mich Cent ooll s 3*s..l998 F-A
94* 96* 96*
6
98*
96* 98
Beech Ork
J'ly '99
Oswego A Rome.
129
100*100*
I
1st 7s.. 1903
188
Ore Ry A Nay See Cn Pao
Ore RR A Nay See Cn Pao
Ore Short Line 8ee Un Pao
N J Juno BR. SmNT Cent.
NowAClnBdge. ScsPennOc
NOANBprlorlleng6s.l915 A-OI
NY
RlrerRR 1st g 6sl936
General gold 5s.. ......1937
1901
Om A St L lstg 4s
Ore A Oal. 8** So Pao Co.
.
Mohawk A Mai.
VAN Blstgug4s.l989
Prior Hen r Algg4s..l997
J 103% Sale
1997
Registered
J •103 104
2047 Q-Ft
65% Sale
General Hen g 8s
2047 " Ft
Registered
130
A
St P A N P gen g 6s. ..1923
Reglitered otf
1923 Q-F
Wash Cent 1st g 4s... 194b -M 88*1.
110%
183
m" ivr
106*
Northern Paclflo—
110*J'ly'00
»»•••• ••*••
gug 5s... .1922
ll
Apr '00
Jan.'OO
II 4* J'ne'00
M-N
132
M-N 133
133',a
133 Aug'00
A-0 188
F-A 133
117* Aug'98
A-O 97* 97% 97%
97%
A-O
97% J'ly'00
A-O
J -J 106* .... 101 Feb '97
M-N 101 101% 101
101
1996
1996
Registered
Small
Solo
112 109*113*
•J
-J
J
SwSoPaoOo.
A South lstg 6s. ...1941
Norf A West-Gen g 6S.1931
106
New
Rirer lstg 6s.... 1938
116*
ImprrmtAext g6s..,1934
181*
N A WRylstOong 41.1998
101%
93
114
113
185% 191
185 189*
III,
105M 105«i North Illinois. 8«»OhlANW
North Ohio. SisLBrteAW
112*113
105%
112* Apr '00
110
8*4 Long
8t* Brie.
NY Tex AM.
.
J'ne'00
Jan.'OO
94
1
1945
N Y A R B.
N Y 8 A W.
Nor
A-0 111* Sale 110% 111*
Ill
A-O
no J'ne'00
J-J 79* Sale 79* 79%
M-8
Small
Mortgage gold 4i
.13*
....
.
2d extended gold Si. 1938
88*
10
88
00t.'97
AQg'OO
Aug'00
189
133
101*NoT'9t>
NYAPut SssNYOAH
'99
117*
169i
97
92
LeroyAO V AL lit g Si '26 J-J
Pao R of Mo lit ex g 4i '38 F-A 106
St Louis
Deo
94
70* N Y A North. SmNTOsH.
95% NYOAW.Reflstg4sl992 M-8i 108*107
Regis 96,000 only... 1992 M-8
65
89
21
M-8 91* 92* 92* 92*
J-D "80 " '82 98 Aug'00
F80 Aug'00
J-D
A-0 103 .... 10S% 10394
M-N 118«
118% Aug'00
1920 M-N
1917 M-Bt
1917 M-8t
1920 F1920 F-A
oon g 6i
Trustg 5s
1st
Sale
104*
191
Ferry C»"
FERRY
wJm.
Bid.
do
A St
Oeneral Blectrio Cl N Y Stook Bxoh
Ferry Companies.
19
17
Do pref.— See Boston L 1st.
Brooklyn Ferry-Stock
Hartford (Ct) BlecLt Co. 160
Bonds 5s— See Stock Bx list.
19
MoBdiion Blectrio
Metropolitan Ferry— 5s.. 107 110
17
Do preferred.
53
N T A N J Ferr»— Stook..
53
JAJ ioe* 107
Narragan. (Pror)BlCo.50 t 93
1st 5s 1946
Rhode Island Bleo ProCo. 119
N Y A B R Ferry-Stock. 67 69
97
United Blectrio of N J.
20
Bonds 5s of 19 23. MAN { 96
18
70
69
72
4s 1939
H Jboken— Stook
70
113
1110
United Bleo LtAP Co pref SttBal to lilt
1st 6s
92*
93
Oon. tfs
4*4 1929— See Balto 11 St.
it""'
.
.
Wooniooket (R
I)
Bi Co,
•Ana interest. tPrlce per sh
ar*
J
.
THE CHRONICLE -BOND
382
BONDS.
M.Y. STOCK EXCHANGE w
Wbkk Ending Aug. 24 IS
Price
Friday,
Aug.
J.
Rio Gr Juno 1st gug
RloGrSo lstg3-4s
Bt.1939 J 1940 J-
8)
2d gold 6i Class B
Sd gold 6s ClassO
1st g 6s Pieroe
CA
General gold 6s
General gold 5s
1st trust gold 6s
1933
1933
Reduoedtogold4*s 1933
Registered
1933
Dakota ext gold 6s .... 1 9 1
Mont Hit 1st gold 4s.. 1937
Registered
1937
Mlstdlvlltg5i.,.1908
Registered
1908
Nor dlv lstg 4s.... 1940
1940
Registered
Minn Union lstg 6s... 1922
MontC lstgu g 6s. ...1937
1937
Registered
1937
lit guar gold 5s
Registered
1937
Will ASF lstg 5s.. ..1938
1938
Registered
Bt P A Nor Pao. Set Nor Pao
Registered
84*
84*
85
81
Small
112*
112*
112*
112* 118*
111* J'ly'00
122
121* Aug'00
108*
J-
A-O
109
Apr'OO
109
103
80
100
94
A-O
Nov'99
110
104
80
100
98
105
81
5
• • • •
Aug'00
J'ne'00
J'ly '00
O0t.'97
1st gold 5s
91% 206
62% 648
89%
90*
Sale
Sale
Feb '99
Apr'OO
Aug'00
100*
120
110
111*
97* 100*
117* 181
137
148*
117* J'ly '00
186
141* 137* Aug'00
137* Feb '99
118* i*14* 114* 1U*
106* Mar '98
J-J
J-J
J-J
J-J
M-N
119
103
121
104
J-D
J-D
110
A-0 110
A-0
A-0
A-0
J-J '122
118* 181*
102* 106
Aug'00
Jan.*99
108* 108*
108% Apr'OO
J-J
J-J
J-J 117*
J-J
181
J-D
J-D
112* 116%
U8* May'00
103
104
118
119
93*
53% 65*
128
181
115
117
Apr'OO
128
J'ly '00
129* 134*
120
Apr '99
128
S Be Pies APb.lstg5s.1942 M-S
8AAAP. SeeSoPae. Co,
8 F AN P 1st sf g 5s. ..1919 J -J 110
117
W
A-0
A-O
J-J
Brans AWlstgug4s.l938 J-J
Scioto Val A N B. Set Nor A W
1926 J-J
Beab A Roa 1st 5s
Oar Cent 1st oon g 4s. 1949 J-J
Btaer Shr A So. See M K A T
1st con g 6s. 1934
lstg 5s..
1934
St John's Dlv lit g 4s.. 1934
Bod Bay A So 1st g 5s. 1924
Bo Car A Ga. See Southern.
. .
1
126*
J'ne'00
Jan.'00
123
Deo '99
82
85
May'00
105
86
78
F-A
F-A
1949
Mort guars 3*s....l989 J-Dt
Registered
1929 J-Dt
Registered
118
Sale
78*
98
Sale
85
98
81%
Sale
99% J'ne'00
82
81%
5s,
8000 J-D
Dee. ..8000 Men.
Bng trust Oo otfs.
AO O lstg 5s
78*
2S
Registered...,
....1947
OreByANavlst s f g 6sl909
Ore RRANavoong 4S.1946
Ore ShortLine 1st g 6sl922
Utah A Nor 1st 7s
1908
Gold 5s
1986
Ore 8h L— 1st oon g 5s. 1946
Non-oum ino A 5s ... 1946 Sep.* 104
Non-ou ino B A ool trl946 Oct.*
J-J
J-J
78
98* 126
.
45
1
111*
111* 118
87
81
130* 130*
10
98* 99
80*
78
87 101
110
"3 109
11
14
1
24
104*
114*
110
110*
BwayA7thAvlstog5s.l943
118
119
OolA9thAv lit gu gSi.1993
110*
111*
117*
105*
104*
105*
109*
95
99*
Registered... ......1943
199s
Registered
LexAvAPF lstgu g5s.'93
Registered
"
;
latest bid
109
.
this
OUT8IDE SECURITIES
Bid.
Ferry Companies.
70
A 23d Sts Ferry
litmortSs 1919... JAD nos
19th
Union Ferry—Stock
lit 6s
1920
MAN
i
Ask.
85
108
34
98
85
97
week,
J-D
J-D
M-8
M-8
M-8
M-8
F-A
F-A
Am Agrioul Chem— See
104
108
Miscellaneous. Par.
*
Co...,
Preferred
Bid.
1940
lstg 5
American Screw
.
.10
10
I
Due Maroh.
1
Due
Soda Foun—Com. 100
1st preferred... ,,,.100
Sd oreferred
100
Miscellaneous.
Bonds 6s
15
>
• • •
85
100
8
FAA
im Typefo'rs—Stock. 100
11
Amer. Woolen—Com....
Preferred
30
80
85
Par.
American Surety...... 60
Vmer 8trawboard....l00
79
10*
11*
850 1200
Shipbuilding ..100
Preferred
100
Am
Due July.
Ask
62
78
American Ginning..,,.
Amer
114*
118
6
108*
90
84
78
110
180*
103
107
105* 101 101*4 l° e H
105* J'ne'00
108* 105*
102*
126*
Mar'99
May'97
121
110* 115*
112*
112*
113
110 110
27 100* 104*
1 185* 180
110
102
98*
32*
33*
106
J'ne'00
Oot-'99
6
106
91
HI
If
Vmer Wringer oom...l00
Pref
*mer. Writing Paper....
Preferred
5s
48* Asphalt
10*
118*
98* 104
83
94*
80
48*
113
16
J'ne'00
33*
62
108
109* Aug'00
118
98*
109* 118
91
Apr'OO
May'00
Sale
108*
104
6
••..••
of Amer.
See
P
99*
92*
96
J'ne'00
109
Mar'98
10
44
98
98
104
97
97*
95
•eeeee ••»•*«
130
Aug'00
185*...,
125
J'ly '00
132
108
•
• « » » %
•
•>*••
W,
188
185
186*
188' '
185*
97
Aug'00
95*
"9*8*
Oot.'99
Sale
106
109
113
184*
124
J'ne'00
Oot.99
111
118
116
117* 186%
109* Deo '99
••••4
IMIM
•
99
Deo'97
91*
Oct.'98
*••!
I
OS.
114
96
115
115
114
118
95
Aug'00
94
100
99* Nov'99
97*
111
Due Not.
Bid.
Ask.
805
18*
Nov'99
116* 180*
118* 188*
800
80*
101* 106*
Jan.*99
99*
A-O
A-O
J -J
A-O
A-O
100
54
98*
87
Mil
94
I
108
105
80
100
93
180
68* 95*
88* 85
14
87
89*
67 107 113*
53
99% 108
43
98* 105
88
113*
89
110
116
110
Jan.'99
88*
101
Jan.
4
37
Sale
.
Bd Bl IlBkn-lstcon g 4s.'S9
109
109
Amer Press Aasoo'n.. 100
t.
110
103
31*
58
69* 70*
3
4
15
70
80
78
hlla.ll St.
<#
sales.
MISCELL'8,
Miscellaneous. Par.
A Sm Car
Preferred
Bergn A Bng Br 1st
Barney
Bliss
100
100
6s.
Bid.
Ask
13
15
90
98
95
70
.
Company —Com.. 50 '68*
50
62*
Preferred
IS
107
118
Oct-'99
May'99
a These are option
(Given at foot oj 7 consecutive pages).— FERRY
Amer Mutoscope
cston List
61
Amer Bank Note Co... 50 t 48
6
6
Amer Bicycle—Com.,.,,.
38
84
Preferred
80
Bonds 5s
MAS 78
rf
Sale
Sale
K-A
Guaranteed gold 6s... 1937
118* Third Av lit gold 61.... 1937
117* 108* On HI (Chic) lit g5l....l945
OhloStiO-yrlstOurSf .'28
108* 109*
40-year oon g 5s
1936
Bonds due Aug.
Amer Graphophone..
106
lie
69
117
120
108*112
109
Aug'00
Preferred
Miscellaneous.
98
Aoker,Mer A Con 6s 1903
Amalg. Copper— See Bost on Lis
107
105
97*
106
.
Jan. '00
American Chicle
105
no*
84*
Aug'99
107
•124* i.3B* 185*
•
May'00
t
88*
.
36
Registered
and asked
Sale
113
tlnnBtRy lstcong5s.l919 J -J
g 61 1987 J -J 113
it Paul City Cab.
May'00
Aug'00
lll*Jl'y*00
105* 105
99
.
181* Aug'00
180* Aug'00
180* J'ly '00
101* J'ly '00
A Tad lstg gu
* Mo price Friday
111
105
105
95
130* J'ne'00
100
75*
•
Detroit City Gas g 5s.... 1933
Det Gas Co oon lstg 5s.. 1918
119* 184* •,td Bl 111 Bkn. See K Co BLAP
118 184
Ed Bl 111. See NTG A BL HAP
'87
119 136
Kings Co Bl LAPgSs
1997
101
Purchase mon 6s
101*
Atl
Aug'00
106
STRBBT RAILWAT BON DS.
Bklyn Rap Tr g 5s
1945 A-O 104
Atl Av Bklyn imp g 5s 1934 J-J
BkCity 1st con 5s.l918.'41 J-J
BkQCoA8congug5s..'41 M-N
Bklyn Un Bl 1st g 4-5sl 950 F-A
92*
City A 8 Ry Bait lstg 5s 1922 J-D
Oen Oon Tr Oo lstg 5s. .1933 A-O
DenTram Cooong 6s.l910 J-J
MetRyOo lstgu g 6s.l9li J-J
Louis Ry Co 1st oon g 5s. 1930 J-J
Market BtO Ry lit g 6S.191S J -J
•eeee
let St Ry gen tr g 5s. 1997 F-A 116*
MetWSEl(Chic)lstg.4s.l938
••••• Ml
Registered.
1938
116
116*
(U Bl Ry A L 80-yr g 5s 1926
100
110
103* May'00
M-8
A-0 105
M-N 105
90
4s.l949l A-0
82
126*
80
38*/
-J
WliOent50-yr lstgen4s..'49
109
117
116
Bqulpslnkfundg8s.l909
Deb Si stamped
1927
Bo Oar AGa lstg 5s.. 1919
J'ne'00
M-S 88* 88% 87*
A-O 113* Sale 110%
J-J 108 Sale 104
F-A 105 Sale 101
115
116
110
121
100
83
J-J HI
Divisional g 5s. ..... 1930 J-J
Oon 1st g5s
1956 M-N
B Ten reor lien g 4-5S.1938 M-8
Registered
1938 M-S
Ga Pao Ry 1st g 6s. ... 1922 J -J
Knox A Ohio 1st g 6s .1925 J-J
Bioh A Dan con g 6s. .1915 J -J
122* 123
120* 123
111
58
J'ly '00
lstg 5s. 1937 J -J 119 119* 119
119
GengS-4s
1943 A-0
93* 93* 93*
93*
Income 5s. ...April, 1943 Nov.
32*
83* J'ly '00
West No Oar. See South Ry.
West Shore. See NT Cent.
85* VVaAPitti. SeeBAO.
116
BTVaAGalst7s....l900 J-J
31
90
117
114* 114*
99* Aug'00
101
87
117
113
118
111
114*119
May'00
51* Nov'99
113* Aug'00
113
114
111*
109
108
87
See Southern
J -J
A Greeny
Low. MigK
68
...
J-J
J-J 110
J-D 102*
F-A 126*
J-J 117
J-J 114
J-J 112*
108
115
Col
58
'
W VaCent A P let g 6s. 1911
97% 100* wneel'gALBUt con 4s.'49
1936
99% 99% lit g 5i.
1*5
Wheel Dir lit gold 5s. 1928
81
86*
Bxten A Imp gold 5i. 1930
110 110* WilkesABast. SeeNT8AW
104* 106* WUASiouxF. SeeStPMAM
33 98* 108* Winona A BtP. SeeOANW
Nov'99
. .
J -J
Ill* 112* 111*
. ,
J-J
J-J
A-O
M-N
W
M-N
GAB A BLBCTRIO LIGHT BON
Hill •••«
Atlanta G L Oo 1st g 5i.l947 J-D
Bos U Gas tr otf s s t g 5s '89 J-J
99* 102
!15
116
Bklyn U Gas 1st oon g 6s.. '45 M-N
101* 108* ChGLACCo. SeePGAOOo
114*117 Columbus Gas Istg5s..l932 J-J
114
180
ConGaiCo. SeePGAOOo.
.
Jan.'99
W
TStLAKO
WestNTAPa
1st g 6s.l910
1st g 5s 1950
1st 5-6s.l916
Oot»'99
109
W
.
A Dan
108
105
1935 J-J 111
West'ndlv lstg 6i.... 1935 A-O 112
General gold 5s
99*
1985 J-D
Kan A M 1st gu g 4s. ..1990 A-0 88*
Tol Peo A
lstgold «s.l917 J-J
82*
Istg8str.l916 J-D
Tor Ham A Buff 1st g 4s. 1 946 J-D*
lister A Del lstogSs.1928 J-D 106
Jja. Pao-RR A 1
gg 4sl947 J-J 105*
Tol
Wash OA W.
.
Atlan
113
105
litg5iDetAOhBxt..l941 J-J 109*
185* 126*
Des Moln Div 1st g 4s. 1989 J -J
90
StOhas Bridge lstg6s. 190s A-O 111*
Warren RR. See Del L A
85
85
Wash Cent See Nor Pao
F-A no ..... 110 May'00
1905 J-D 105
105 Aug'00
MexAPao lstg....5s'3l M-N 99* Sale 98*
99*
HouiATOlitWAN7s.'03 J-J
lstgSslnt gtd
1937 J-J 110 111* 110 Aug'00
Oong6slntgtd
1912 A-O 111*113 112
112
81
83
Geng4s intgtd
81
1921 A-0
81
Morgan's La A T 1st g 6s '20 J-J 182 ....
180* Feb '00
185
....
134 Nov'99
1st 7s
1918 A-0
NT T A Mexgu lstg 4s. 'l 2 A-0 98*
Ore A Oal 1st gtd g 5s. 1927 J-J
98* Aug'00
76
SAAAPass lstgu g4s. '43 J-J
75*
75*
'118
116 Deo '98
TexAN0 1st7s
1905 F-A
108*
Sabine dir lstg 6s.. 1912 M-S
....;
106*Nov'97
Oon g5s
1943 J-J 102* Sale 102
108*
BoPof Argulstg6s.'09-10 J-JII 110* 111 112* J'ly '00
BPoi Oal lstg 6s.. 1905 A-0 110 Sale 110
110
1st gold 6sserB..1905 A-O 110* Bale 110%
110%
11)94
Sale
1st gold 6s
1906 A-O
111* 111*
1st gold 6
1912 A-0 118* 119 119 J'ly '00
1st oon guar g 5s.. 1937 M-N
105* Jan.'00
1905-37 M-N 106 107
Stamped
106* 106*
A AN W 1st gug 51.1941 J-J 96 « 96* 96* 96%
79
....
B P Coast 1st gu g 4s. 1937 J-J
116" Aug'OO
B Pao of NMexlstg6s.'ll J-J 115*....
QllaVGANlstgug5sl924 M-N 103*..., 105* J'ly '00
No of Cal 1st gug 6a... 1907 J-J •109 ....
Guaranteed gold 5s..l 938 A-O
106 Aug'99
Southern—
let eon g 5s
1994 J-J 109 Sale 108* 109
Registered
108 Aug'00
1994 J-J
Mem Dir 1st g 4-4*-5sl996 J-J 108
109* Apr'OO
Registered
1996 J-J
Ala Oen R 1st g 6s. .1918 J-J 108 116 112*Aug'97
Atl A Oh Air Line ino. 1900 A-0
GalHar AS A
Sdg7i
Ask. Low. High IfO
1.
'118
'115
1931
1930
1936
Debenture series A... 193 9
Series B.
1939
118
104*Feb.'98
t
since
Jan.
Val Ind A W. Set Mo P.
Ver
irglnla Mid. See South Ry.
117* 117*
Wabash lstg 5s
1939 M-N 117 118
3d gold 5s
1939 F-A 101*101* 101* 101*
J-J
Southern Pacific GoGold 4s Cent Pao ooL.1949 J-Dt
1949 J-Dt
Registered
CPaolsttefgug4s.l949
112
Last Sale.
UticaABlaokR. See NT Cent
108* Nov'99
120
108
89
Aug. 24.
Week's
UnlNJBRAOOo. SeePaRK
118* Utah Central. See Rio G W
Utah A North. See Ore 8 L.
Apr'97
117
3d gold lno.
85
109
.....
Range
Range or
M-S 105
M-N 111 111* 111
111
110 Aug'00
M-N 108
„
90
87 J'ly '00
* n ••1984 F-A
£ °.*JX° J rt °J
111
118* a ^S^F
117* J'ly '00
If* oon « 6».1»14 J-J 117
SAN
Ala.
Set L A N.
111*113*
Spok FaUsANor lstg 9s.l939 J-J 115
117 J'ly '00
i?nb * Lew— See Penn RR.
121* 185
106 113* 3tat Isl Ry 1st gu g 4*s.l943 J-D 108 107
Syra Bing AN?. Se« DLAW.
103* 104
"per A of 8tL lstg 4*s.*39 A-O 114
79
84
118* J'ne'99
1 Ist0ongold5s.l894-1944 F-A •114
114* J'ly '00
98* 100
St L MBgeTergug5s.l980 A-O MS
91
95
115* ill Jan.'00
Tex A N O. See So Pao Oo.
TexAPRyB dlv lstg 6s. 1905 M-S •105
105 Aug'00
5s
Gtdstamped.
BtP AS'xOltr.SMOStPMAO
BavF A
F
A 6s. 1906 M-8
1911 M-8
1916 M-8
1921 M-8
1921 M-8
1926 M-8
1926 M-8
[Vol. LX2.I.
4.
Price
Friday,
Bid.
««nfs
4s. ..1929
1st oonsoi gold 6s
B 6s
D 4-5s
Small
Series B 5s
Series
A-0
Ft S A VBBdglltg 61.1910 A-0 '105
Kansas Mid 1st g is.. .1937 J-D
Bt L So. See Illinois Cent.
90%
Bt L B W 1st g 4s bdofs .1989 M-N
8dg 4slno bond ctfs.. 1989 J-JI 62*
100
Gray's Pt Ter lstgu g Ss'47 J-D
Bt Paul A Duluth 1st 5s. 1931 F-A 123*
2d 5s
1917 A-O 118*
1st oo g 4s
1968 J-D ioojI
Bt Paul M A Man 3d 6s. 1909 A-O 118*
Cent DIt lstg
BONDS.
Series
Sale
Page
(5 pages)
ti
N.T. 8TOCK EXCHANGE at
Week Ending Aug. 24 So*
Ask. Low. High, No. Low. High
Southern— (Con)
105 Nov'99
Virginia Mid ser
78
81
71
77* Aug'00
83*
84*
J-
1st g Ss.1947
1.
Series
StL A 8FRRg4s....l996 J-J
Southw Dir
since
Jan.
8eriesC 6s
MMF-
1906
1906
0..1919
1931
1931
1987
|*
Last Sale.
24.
Bid.
»102
77
RochAPltts. SeeBBAP
Rome Wat. A Og See NT Cent.
Salt Lake C 1st gsf 6s. .1913
t-JoAGIlstg 3-4s...l947
Bt L 4 Oal. See Mob & Ohio
St L A Iron Mount. See M P.
StLECiN. Bee Wabash.
Bt L M Br. See TKRAof StL
Bt Louis A San Franctsoo—
• Sd gold 6s Class A
1906 M-
Range
Week's
Range or
PRICES
.
i
• • • »
Hond A Mort Guar... 100 810 316
18
British Columbia Copper
1'.*
uellulold Co
98
100
93
81
lent Flrew'rks—Com. 100
18
Preferred
{
And
Interest,
i
100
58
Price p er aha
60
re.
5.
3
..
August
5,
I
.
THE CHRONICLE-BOND
1900]
Price
Friday,
Aug. 24.
bonds.
N. Y. STOCK EXCHANGE
Week Ending Aug 24.
n
Bq Gas L N Y 1 st oon g 5s, ^33
Bq>AFuel. SeePGACCo.
49
M-8 180k
J-D
U
91
Sal*
10894 Hi
COAL* IKON BONDS,
pah Coal Min. SeeTCIAR
N YCAH
ColC*Ilstoong8s...l903 F-A
ColOAIDevCogug5i..l909 J-J
• •
Coupons off.
J»°n
Col Fuel Co gen gold 6s. 1919
Col F A I Co gen s f a:5s. 1943
De Bardel C A I. See T C A I.
Teff AOUarOAI Istg5sl926
6s. .'40
Stan Rope AT
mDkAImpSs. SeeCenNJ
Par,\ Bid.
30
18
70
Ghesebrough Mfg Co. 100 S58
94
Chicago & Alton RR 3s...
4s
80
26
68
100
101
101
Common— See St.Bx. list
Col A Hock Ccal A I, pfd.
80
85
50
JAJ
lstg Es 1917
Oonsolid Car Heatlng.100
Gonsol Firew'ks-Com.100
100
Preferred
Consol Rubber Tire....
Pref
Corbin Cabinet Lock. 100
10
53
30
325
Corbln(P. A F.) Co.. ..25 t 80
75
Cramps' 8h A En Bldg.100
Diamond Match Co... 100
Distill.
Co. of
America
Pref
Preferred
Empire
,,
Steel
Preferred ...........
Brie A Western Trans. 50
Fidelity
74
Preferred
100
Havana Commercial..
40*
Preferred....,
Heok-Jones-J Mlll-Pf.100
• • • • •
1st 6s 1923
MAS
ner'g-Hall-Mar(asst p'd)
Preferred (asst p'd) 100
Hoboken Land A lmp't.
75
100
I
Inter-State Oil
Iron Steamboat
os 1901
Ask
40
17
80
365
C4k
90
29
72
108
103
45
00
60
15
80
7
35
90
80
16k
16
35
19
60
11
400
7
60
98
J*j
John B Stetson-Com.100
Preferred
loo
Journeay A Burnb am. 100
3
Preferred......,.,. 100
ao
Lanston Monotype.... 20
ilk
Lawyers' Surety
100 105
Lawyers' Title Ins. ... 100 150
Lorillard (P)— Pref... 100 100
Madison Sq. Garden— 100
3d 6s 1919
MAN 40
M arkeen Copper. , ,
Mex Nat Construet'n, pfd
Minneapolis Brew lit 7s.
101
Feb '00
Aug'00
6s. ..1911
Tel 7s. . . .'04
Northwestern
8.
32
Jan.'OO
101
89
Aug'00
J'ly'00
LOS Jan."o6
8994 Feb '0C
99 Jan.'99
106
70
Apr '97
105
105
8994
105
Class
107k
10494 103
68
Sale
10
12k
114
Aug'00
113
116k
1049*
102
105
84
24
68
3
73
9k
1907
1925
1925
8194 Aug'00
75k
110
101k May'00
t
Due July
*
Miscellaneous. Par
Preferred
Bid
Monongahela Water... 25
100
Mosler Safe Co
100
National Caibon
Preferred
Nat Enamel'g A
t
41
B
5s
list,
39
98
4
• •
• • •
130
30
13
110
170
101
7
8
111* 116
iee seventh pa oe V
104
May'00
105
100k Apr'00
100
Stamping
80
SI*
20
24
76
26
72
18
Preferred
Gramophone. ...100
National Saw— Pref.. 100
40
43
National Salt
65
67
Preferred
..<
100 150
180
National Surety
National Tube SeeNYStk jxoh. list.
62
75
National Wall Paper. 100
N. E. Elec. Veh. Trans.. 10
85*
100
70
Loan A Imp
NYBlsouitSs 1911. MAfr U3k
New Jer Zino A Iron.. 100
N. Y. El. Veh. Transp.100
8k
50 t 63k
Nicholson File Co
134
U5k
H5k
13?k
J'ly'00
1829ft- 137J,
13194 Aug'00
L1394 J'ly'00
18194 1379
11296 116V
NY
Elevator— Com.
38k
Preferred
Peck, Stow A WUOOX..35
50
Pennsylvania Coal
50
Pitts Bess
50
Pittsburg Brewing
50
Preferred
100
Pittsburg Coal
100
Preferred..
100
Pitts Plate Glass
Planters' Compress .100
100
Pratt A Whitn— Pref
Procter A Gamble.... 100
100
Preferred
1st 6s— See Stock Bxch
ALB
.
.
Preferred.....
t
t
.
8. Cast Iron Pipe.
Preferred
U.
Bid.
134
1
Q-J
Broadway....
Butoh'sADr..
Central ,
aik Chatham
28k
4Sk
2294
....
Chemical
43k Citizens'
City
S39ft
80k I?* Colonial* ....
Columbia*...
162k 163
10
45
430
202
20
50
450
210
list.
Commerce.
.
Continental
Corn Bxch*.
Ask.
otati ons.
290
240
85
171
500
300
1000
140
*338
375
190
260
130
245
310
150
830
275
Domes. Exoh
Bast River. 140
103
11th Ward* 150
93
Fifth Ave*.. 2400 3900
£?k Fifth
235
75k 77
• •
Southern Cotton Oil.. .50 t 52
40
8tandardCoupler.com. .
123
Preferred
Stat IslRTlst6s'13AAO 107
JAJ 95
2d 5s 1926
50
Btillw-Bierce A 8m-V.100
14
Storage Power
100
100
Swift A Co
1st 5s 1910-1914.. .JAJ 101
Susq Coal 6s 1911.... J &J 115
Texas A Pacific Coal. 100 75
AAO il07k
1st 6s 1908
Title Guar A Trust... 100 400
3
Trenton Pott— Com.. 100
50
100
Preferred
Trow Directory-New. 100 50
2
Unlcn Copper ............
8
Union Steel A Chain. ...
73
• • •
25
60
115
ISO
•••••
800
641
110
.
list.
3600
First
14th Street*. 145
Fourth...... 169
Gallatin
400
Gansevoort*. 60
German Am* 120
German Ex*. .'55
German La*... 400
65
16k
ioik
104
121
85
175
108k
107
'lC6k
I*
•
••'
•
Banks marked with an
Int.
t
97k
108k 11«*
Aug'98
103
10S
121
108
Apr'00
121
131
109k
Feb.'99
108
106k 108k
106k J'ne'00
127k
138
Feb.'98
130
95
Mar'OO
115
95
95
1
969$ J'ne'00
8994 Aug'00
8994 ...*.
ai
15
6k
106k
10694
130
94
91
85
130
96
86
9
6k
i
10
66k Nov'99
64k Nov'99
Bid.
As*
t
43
36
43
t
67k 7«k
87k 39
109
118
& MISCELL'8*
Miscellaneous
.
US
Pref
100
S Glass— Common. .100
Preferred
100
Va. Coal Iron A Coke.100
U
111
133
MAS
5s 1049
4
Banks.
Ask.
Bid.
Brokers Qu otatio
140
Mutual*.
175
Nassau*
19th Ward*.. 100
Ninth
82k
North Amer. 300
Oriental*.... 185
Paclflo*...... 170
400
Park
Peoples'* .... 225
Phenix ...... 100
475
Plata*
Prod Bxoh*. 135
Republic .... 220
Riverside*... 210
Seaboard.... 290
600
Seoond
180
Seventh
Shoe A Le'th 100
300
State*
State of NY* 128
12th Ward*.. 100
23d Ward*... 100
Union Sq*.... 235
West Side*. 375
415
Western
Yorkville*.. 225
Brokers'
83
4k
nok
Hamilton*.
Kings Co*. ... 100
380
Manufact'rs
Mechanics* 200
Meoh A Tra*. 270
100
Merchants
Nassau ...... 285
90
20
6*
ISO
430
105
180
230
otati
ons.
120
Atlantio Tr. 200
Bankers' Tr.
205
800
N. Y.
CITY
Bowl'gGreen 185
CtLRlty BAT 250
Central Tr'st
Oity Trust.
Colonial
Continental
Farm Ln ATr
Fifth Ave Tr
105
Manhattan
115
Mercantile
Merchants'..
Metropolitan
.
.
160
300
1950 3050
300 850
335
375
••••«.
1400 I486
425
•••••
825 675
400
350
......
800
300
• •MM
425 450
435 455
1375 1425
750
*
MortonTrust
N Y L I A Tr
N Y See A Tr
North Amer. 9.3k t
150
Produce Ex- 135
Real Est Tr't 300
StandardTr't 210
85
110
300
*
Tr.Co.of Am. 30894
200
Tr.Co.ofN.Y.
Onion Trust, 1300 1400
l
Unit. States.. 1800
475
16c0
Washington 390
BR'KLYN.
Brooklyn Tr.
Flat bush ....
Franklin
Hamilton.
Kings Co....
416
160
305
265
340
L Isl L & Tr. 250
Manufaot'rs 307
Nassau ...... L85
330
People's
WUllamsb'a*! 185
.
.
• • • •
Art.
200
140
136
105
Knick'rb'ck'r
.
195
Scherm'rh'n* 150
17th Ward* 110
Qu
Guaranty Tr
.
...
5
40
188
110
Bid.
OSMtgATr. 400
First
38k
33k
110
Trust Cos
220
245
Brooklyn* ... 110
8th Ward*.,.
5th Ave*.... 100
Banks.
Sprague ....
26th Ward*.
Onion*
Wallabout*
675
1500
135
250
265
Nat City
North 8lde*.
Ask._
65
87
Bid.
37
Westingh Air Brake... 50 tl80
Worthing. Pump, pfd.100 105
33
People's*
Par.
Envelope— Com.. 100
Broadway*
435
*
*
696
Sep.'98
Jan-'OO
BR'KLYN.
HideAL'ath 130
Imp A Trad. 510 530
Irving
tl85
Leather Mf r 210
Liberty
310
Lincoln
775
*
Manhattan* 265 380
Market A Ful 215 330
210
Mechanics'. 300
Meoh A Tra* 96 100
Mercantile
190
Meroh Exoh. 120
Merchants'.. 170
180
Metropolis*. 575
Mt Morris*. 185
•oorued
11691
pound.
105
Bedford*.... 210
.
407
7
55
60
112k
bond «"w hen issued."
J'ly'00
109k
105
108
103
ISO
Greenwich*.. 165
Hamilton*... 145
Hano'r(new)
50
165
1700
Garfield.
118V
13k Aug'00
to the
108k
New Amst.*..
New York Co
N Y Nat Ex..
New York....
t345
91
125
nr
103k
S«4
Am
Bowery*
114
10 114
b96k Aug'00
live dollars
100
30
N. Y. CITY.
Amerioa*.... 450
Exch.... 183
Astor ........ 500
Chase...,,.,,
t 2194
100
26k
-
.
89k
87k
86
t 27
410
2d preferred
Qu
U»M
108k nil
15k Aug'00
*6«8ale"
Par,
1st preferred... .....100
Banks.
103k 105
100k 100k
10894 113
1C894
J'ly'00
109J4
108k J'ne'00
pages).—BANKS
Union Steel X Chain pref
Union Switch A Signal. 50
Preferred
50
Onion Typewr—Com. 100
Brokers'
receding.)
Bonds due January. T Due August. aThese are option salt*.
I
Miscellaneous.
I
112
1
10
10894
sted DeyartTii wit " for
1919
7 consecutive
4?*
109
110
116
116
UNLISTED BONDS.
42
100
16k
35 t 85
Russell AErwin.
Safety Car Heat A Lt.100 115
Seaooast Packing Co
Preferred........
Simmons H'rdw-Com.100 100
100 140
Preferred
...100 100
2d pref erred
100 525
Singer Mfg Co
Standard Oil of N J.. 100 538
Stand Und'rg'd Cable. 100 189
Sloss-Sheffleld- See Stock Exoh
68k
109k 114k
105k 10694
Atch Col A Pao 6s tr otf ....
Atoh J Co A West 6s tr otfs.
Ask
Coal.
10k
..50 t 409$
55
85
52 *
iiok Aug'b'6
10694 10694 Aug'00
109 May'00
109
115
115
133
133
.1906
Due May. i Due April.
(Given at foot op
A*
1«
118k 113k
»••••
*«*«t
••
Feb.'98
Monongahela River
Otis
J'ly'00
Oct.'9P
1099$
1099,
6s deferred eertfa
111
101k 103k
t«
« •
Feb '97
112k 113*
So Carolina— 4ks 20-40.1933
Tenn—New settlem't3s.l913
Small
Virginia fund debt 2-3S.1991
Registered
84
110
»• It
» • •
113k
Small
87«
8194
71
•MIH
101
H3kH3k
1906
Class O 4s
Currency funding 4s. ..1920
Distof Columbia— S'658.1924
Louisiana— New oon 4s. .1914
Small
Missouri—Funding. ..1894-95
Nortn Car— Consol4s...l910
87k 95
••••••
Nov'96
Small
8994
•••»•#
109
109
STATE SECURITIES.
Alabama— Class A 4 to 5.1906 J-J
105
Nov'99
40
M »«
•
•
112
90
» • 1
106k
g 5s of 1899
b These are prices on the basis of
68
Nat'l
•»••••
104
U 8 of Mexico s f
(%•••• ••••••
la
Oot.*90
•••If lit***
(For daily reco"
FOR'GN GOV. SECURITIES.
•••_
Low High
31
•••••!
109
,1904
..1904
"
+ Prices are made in the
100k 104
85
68
U3k J'ly '99
1015*
39
109
113
J-J
GOV. SECURITIES.
U 8 4s
U 8 4s coupon
U 8 4s registered
U 8 4s coupon
O S 5s registered
U 8 5s ooupon
105
109
33
sinC€\
1.
Jan.
Ask Low. High.
Sale
••••
•
M-N
Mut UnTelsf'd
112
110
103
103
105
101
32
J'ly'00
75
Latt Sale.
95kJan.'97
Cupples Station A
PropCo lstg 4ks 5-20 yr'17 J-D
8 Yuba Wat Co con g 6s.. '33 J-J
8p Val Wat Works 1st 6s. '06 M-8
Vermont Mar 1st s f 58.1910
West Union— Col tr our 5s.'38 J-'j
Fd and real est g 4k. .1050 M-N
109
103
105
Rubber Goods Mfg......
45*
95
115
Aug'00
RoyBakPowpf
58
100
105
106
105
and asked this week,
110
106
Illinois EleoVeh Trans. 10 \
lk
International Elevat.100 •»••••
Internet 'I Pump— Com. .
19
Preferred.
65k
Internat Sliver— See stk. Bxoh.
Do
do
pref.
37
Do
do bonds,
93
May'97
May'97
104
10
20
5s
'00
10494 May'00
"so'
Aug. 24.
TFee*'«
. .
107
80
10494
Range or
L Ter
St
109k
Rang*
Price
Friday,
See West. Un.
US 2s 30-year refundingt....
100k 103k U 8 2s registered. .Optional
1918
U 8 3s registered
58
58
1916
U 8 3s coupon
191
small
bonds.
U 8 Ssreg
103 103
1918
small
bonds.
oou
8
3s
U
90
95k
1907
registered
Jan.'OO
02?*
110
4*4
09
95
110
120
Gorham Mfg Co-Com.100
No Westn Teleg.
105k 105k
87k May'00
81%
12Ek
6H
100
100
107
105
103
103
101
Feb
5s... 1919
383
5.
110
Man Bch HAL gen g 4s. 1940
ATlstsf g Ss.1918
MetT
utUnTelCo. SeeWnUn
94k
wpt News 8AD D 5S.1990 J-JI
110
NeNYANJTel
gen g 5s oy '20 M-N
l 20
NTs OntLand lstg 6s.l910 F-A
107
HO
103k 106
120k 127
105
9294
104J4 Bale
49i
A Dep (Bait). .50
General Carriage
General Chemical
Preferred
Mad SqGard lstg
A-0
J-J
M-8
M-N
J-J
M-N
M-N
M-N
1910
5s
6s
12891
19
18
80
16
40
3
35
50
Eleotrio Boat
Preferred......
,
Eleotrio Vehicle .......
Iron SteamboatCo6s...l901
88
OUTSIDE SECURITIES
>d preferred...
111
Deo '99
103
93
113
prioe Friday; these are latest bid
Pre! (when issued)..
(HB)-lstpref.lOO
107
Aug'00
101
58
•
5s.l915
Chlc Jo A StTd col g....1907
J-J
Non-oum lno 5s
J
Com Cable Co 1st g 4s. .. 2397
239': § J
Registered
Com
11794
105k J'ne'00
12
F-A
J-J
Co 1 st con g 5s' 4 8
Bkk'nIn Ferry
W A WH 1st 5s tr ctfa.
Oiaflln
91
108
J'ly'00
J'ly'00
May'00
J-J
US
stock (wh issued)
B
103
105
103
98
Istg6s.l946 F-A
1946
Income g 5s
BnTelCo 1st s f g6sl918 J-J1
8 LeathCo s f deb g 6s.' 1 M-N
MISCELLANEOUS BON D8.
Adams Ox—Col trg4s.l94fe M-fc
ChlcAAlRy3ks<w.l.)
as
J'ly'00
J'ly'00
'
'
91*4
109k
108k 107
107k 105
105
M-N noa
F-A 92
Am
Miscellaneous.
103k
120k
Deo '98
Cot Oil uebg8s...l0OO Qu-F lOl^lOlk
71
83
mrfpiritsMfg Istg8sl916 M-8
J -J
Am Thread 1st ooltst4sl919
Bar A S Car Co 1st g «.. 1942 J-J
Grameroy Sng 1st g 6i..l92B A-0
1910 J-J
Steel Co deb 5s
PINon-con
v deben 5s... 19 13 A-0
Int'l Paper Co 1st con g 6s.' 18 F-A '103k 105
92
95
Kntck Ioe (Chlo) lstg 5s.l928 A-0
Nat StarohMf g Colstg6sl92D M-N 105
Ohateaugay OreA Ir 8s 1
Ones A O Grain El— lno.
107
106
101
De Bar C A I Co gu g 6s. 10 F-A
lstg5s.'19 J-J
WhLB APCCo
MAN'F'G A INDUSTRIAL.
•Mo
107
120*
.....
J-D
1926 J-D
v 2dg5s
RochAPitCAIpurm5sl946 M-N
Bun Ok Coal 1st g s f 6S..1912 J-D
TennCoalTDiv Istg6sl91< A-Of 105k
Blrm DlT 1st oon 8s. 1917 J-J 105
Cah C M Co 1st gu g 6s..'22 J-D • 98
A Gamb 1st g
Gr Rlv Coal A 1st g 6s. 1919
Haok Wat Reor 1st g 5s. 1 026
Head B Co 1st sfg 6s.. .1931
U.
L learf Bit Coal. See
Procter
106
107
104
M-N
ooi tr g os... aa
107
9'H
,
J-D
A-0
lstconsolgBs
M-8
Refunding g5s
M-8
Registered.
'£.,%!,
107k
ChG?LACkelstgug5s37 J-J 105
36
J-D
Con G Co of Oblstgu S Si
EqGAFChlstgug6s.05 J-J •
Mu Fuel Gas 1st gu g 5.1947 M-N
Trenton G A El 1st g 5s.l949 M-8
Westn Gas Co
120k
11094
113
107
109*
lirw
118
'104
'104
'ISO
190*
19*8
19*7
2dgtdg6s..
108k
. ....
Bid.
81
HrteTAToeltrgsf 5S...1926 J-J
HobokenL Alg
Sale
106
. . .
Hiah.
115% Aug' 00
104k 10394 J'ne'00
116k Aug'00
Gas ABleo BergCo con g 5s
1932 J-D 115
Gen Hleo Co deb g 5s...
1915 F-A
GrBapGLCo lstg 5s..
lstg 5^.1922 A-0
K C Mo Gas Oo
5s-19 Q-F* 107
Lao Gas-L Oo of 8tLlstg
Mnt Fuel Gas Co See PaopGas
NTGllLH*P..g5»-l»*| j-n
J-D
Registered
iViola
i»*» F-A
Purohase mon g 4s.
BdBHIUlstooiiTg5i..l910 M-8
J-J
M-N
PerGWo^Vtgugei::
BOND3.
N. Y. STOCK EXCHANGE
Jan. 1.
11
Week Ending Aug. 24.
Low High
115^116% Det MAM Id gT Sks 8 A.1911 A-O
—
...
.
..
.
Page
(5 pages)
since
Latt Sale.
•
PRICES
.
Range
Week's
Range or
Ask. Low.
Bid.
.
8
..
.
.
..
170
305
105
• till
tlltt
338
200
i Purohaser alto payi
asterisk {*, are State baki.
oals at 8took Bxon. or at auction this weak
Prioe per share.
) .
.
/
THE CHRONICLE.
384
—A
Boston, Philadelphia and Baltimore Stock Exchanges
Share Prices— Not Per Centum Prices.
BaUurday,
Monday,
Aug. 18.
Aug. 20.
Tuesday, Wednesday Thursday,
Aug. 21. Aug. 22. Aug. 23.
38
38% •«.«• ••• ••••••
350% 25094 250 250* 250 250
144* 144* 14496 144* 14 4* 145
•
•
32
250
38
250
149* 150
245 •
245
•188
'188
190
190 190
127* X1259413594 12594 13594 126
•135* 136
•13514 137
185* 135* •185*
•125.
•136 ..„„ •12594 186 •125
•29*
•29* 30
•29* 80
•29% 30
40
40
40
40
40*
•3994 40*
136*
137 137 •138* 137 •136* 137
•85* 2B
25* 2594 25* 25* 25*
•22* 23
22* 22* 22* 22* *22
•76* 76*
76
76
7594
76
76
•840
188
127
245
188
•1194
8694
•5194
•71
%
12*
87
5194
72
205
6494 65
305
'
•88*
51
•71
204
64 9-16 65
204
•9894
14*
56* 59*
76
76*
•37
87*
•14
•14
88
•35* 26
•75
14*
68% 5994
76* 76*
37
37
205
•14* 14*
59* 59*
78* 76*
37
37
1694
1694
•96
994
26
75* 75*
1*
194
*
62
750
1894
42
97
34% 34*
54
64
994
994
99*
64
755
.
.
894
•18
3% "294
64
•98
97
•3494
3494
54
54*
9* 9*
97* 97*
19
19
894
294
•18
19
•46* 48
•63
.«...
•Bid and skedprioes
INACTIVE STOCKS
•46
•83
no
294
Bid.
* Oharlotte(Balt) 100 12b
Bos A Maine pf.(Bost)100 160
100 800
Boston A Prov. "
»»
122* 123* 133*
116
116
894
65
319
•63
KO
MISCBLLANBOCS.
..
(Bost) 25
Arcadian
25
Arnold Mining. "
"
85
Atlantic Mln'g.
"
85
Baltic Mining..
(Phil) 50
Beth Steel
(Bost)
100
Boston Bleo Lt.
Cambria Iron ( Phil ) 50
(Bait) 100
Canton Co
Conten Mining. (Bost) 25
"
25
Central OU
Con. Lake Sup. (Phil) 60
"
Pref
50
5
Danv.Bessemer "
"
10
Dlam BUte St
100
Domln Coalpf .( Bost)
"
100
dlson Bl 111.
1*0 Co of Am!. (Phil) 50
Franklin Mln'g. (Bost) 25
100
general Bleot.. "
"
100
Pref
8enBlAuto-M!(Phll) 50
Ind-Bgyu Com!(Bost) 1 00
. .
. .
IntButHASM
"
10
1
794
1*
80
80*
4
4*
28*
20* 81*
14*
170
170*
23
45
73
1694
16
29*
594
1
894
110*
205
8%
187*
189
9
3*
"
74
17
1594
)
•96
97
84* 34*
53* 53*
9* 994
97* 97*
133* 124
18* 18*
294
294
'0
1%
19
(Phila.
made.
..
"
..
..
"
..
"
$17*
Bleo. Co
Ry A
.100
..100
.. 50
"
"
(Boston)
84
650
190
568
50
50
50
50
5,834
*•••••
1,095
..100
..100
374
632
955
57
74
50
(Bait.) .... 50
"
.... 50
(Boston).... 50
paid. (Phila.)
Preferred
Amer. Agricul. Chemical
26
T.
"
.
Preferred!
..
130
4,975
200
9,572
141
196
3,080
816
60
48
2,076
1% Amerioan
Alkali
(Phila.).... 50
"
Preferred, flO paid
.... 50
,
123* 18194 12294 American Sugar Refining !. (Boston).... 100
116
"
117
Preferred!
....100
11694
"
148
143* 143* Amer. Telephone A Tel.Co.!
....100
10* 10* 10* Asphalt Co of America...... (Phila.)lO paid
820
316 316 Boston & Montana
(Boston).... 25
•63
63
65
Butte & Boston
Calumet A Hecla
16* Cambria Steel, 84* paid
56 Consolidated Gas
43 Dominion Coal
98 Brie Telephone
,
65
757
"
,
"
. . . (
.
Ph lla.
)
....
....
10
25
. . . .
50
(Bait.) ....100
19
(Boston) .... 100
"
97
97
....100
"
34* 34* 34 34* Federal Steel
....100
54
54* Lehigh Coal A Navigation. (Phila.) .... 50
51% 54
"
....100
994
994 Marsden Col
9* »*
•97
«7* 97
97* New Bng. Cotton Yarn, pref. (Boston) .... 100
"
123* 125
123* 185 New England Telephone ....
....100
"
.... 25
18* 18* •18* 19 Old Dominion Copper!. .,,,,
394
294
894 Philadelphia Bleo.T 2* paid (Phila.)
394
118 114 United Gas Improvement !. .
"
114
.... 50
•18
19
(Boston).... 25
18* 1894 United States Oil
Welsbaoh Light !
(Phila.)....
5
46 48 Westlngh. Bleotrio A Mfg (Boston) .... 50
M6*
"
•63
50
63
63
Preferred
,
a 49 19-16 15-16
b 38 15-16 89 3-16
* Bx rights
2,435
36
•98
.
NewHavIA
8. (Phil)
5
No Am G Dredg(Bost) 10
"
"
25
25
Palmetto Co.... (Phil) 25
ParrottSilACop(Bost) 10
Penn Bleo Veh. (Phil) 60
"
Pref
50
Pennsyl Salt... "
50
Pennsyl Steel!.
" 100
Pref!
Quinoy Mining. (Bost) 25
Old Col Mining.
Osceola Mining.
Rhode Isl Min.
Santa Ysabel
310
450
986
85
21
180
.
9,351
U4*
Bid.
.
G
14
3*
2
67
4
67*
*
42* 43*
8*
57
140
(Bost)
294
"
141
3
1
A
813* 814
'"8
Tidewater St... "
Torrington "A"(Bost)
"
Pref
Un Cop L A M'g "
"9'
27* 28
27* 88
2994
8
C8PHorseCol.(Phu)
9*
8
I
{100
{103
»•••••
'•••••
JAJ
1st 7S.1907
sib's
{*....
101
116
3
3*
41* 41*
i
I
99
99
100
9«94
JAJ 2104
1910 JAJ {100
Ch Bur A Q 4s. 1922 FAA {100
IowaDlv 4s. 1919 A AO {103
Chloago Juno 5s. 19 1 5 JAJ i
111*
ChANoMgu5s.'31MAM { 96
97
Chi A
M gen 5s.'21 J AD {103*
Con. of Verm't 4s.'13 JAJ • 86
88
Curr't Rlv 1st 5s.'27 AAO i 90* 92
6s. '18
Plain 4s
W
{
97
202* Jan.
133* Apr.
5
Mar. 12 142
Jan.
2 127
May
35
May
45
.
81* Jan.
20
70
2
June 22
May
194
Aug. 13
* Aug.
81
Jan. 1°
3
1* Jan.
137* Jan.
9
Mar.
2
5
Jan.
8
13
95* Mar.
107
140
97* Apr.
35
80* Mar.
23
2 118
t
Jan.
1
June 26 15t May 19
<3*May 14 14* Feb. 5
251
42
695
Jan. 18 330
\pr.
3
2 85* Apr. 3
Jan.
May 89 770 Feb. 16
14* Jane 36 22* Feb.
50 Mar. 5 62* June 18
36* Jane 35 51 Mar. 81
95 June 33 122 Feb. 8 8
39* Juae 35 5794 Feb. 8
43 Jan. 2 54% May 16
6* Mar. 8 13 Jan. 98
96* Jily 16 103* Mar. 23
132 July 18 140 Jan. 7
14 Mar. 14 24% Apr. 4
3 July 30
6* Jan. 8
*107 May 16 160* Jan.
14* June 31 25 Jan. 8
40 Jan. 6 50 Mar. 87
40 Jan. 12 48* Apr. 25
81 Jan.
5 66
Mar. 88
t $50 paid in. I 85 paid.
U
BONDS
Bid.
Ask-
West N C oon 6s.l914 JAJ 115*
WestVaCAPI st6g. 1 1 J A J US
Wil A Weld 5s.. 1935 JAJ 119
Bonds— Philadelphia
AlleYyBext7sl910AAO 189 130
'
Asphalt Co 5s tr otfs.
AtlCltylst5sg..*19 MAN
Balls Ter 1st 5s. 1936 JAD
76
.
• •
•••
116*
<•••••
BergABBrewlst6s'31JAJ
••••«
B Boro Gas 1st 5s.'38MAS 78
»
.«
Cambria Iron 6s.l917 JAJ
ChesAD Canlst5s.'16 JAJ
ChooOkAG gen 5s*19JAJ 105*
Del A B Bk lst7s.'05 FAA
BastAA 1st M 5s.'20 MAM 113*
•••*••
110*
Bdlson Bleo 5s stk tr ctfs.
BleoA Peop's Tr stk tr otfs
195
111
••••••
BlmAWilm
•
I
I
'••••*
••••«.
101* 101%
1st 6s.'10 JAJ
Income 5s.... 2862 AAO
Bq
Gas-L 1st g 5s. 1928 108
Hestonv M A F oon 5s.'24
HA B Top oon 5s.'35 A 40
m
•»#••
MAN
116
Imp 5S.1932MAS 115
'•••••
104* 105*
ChasRyGAB15s'99MAS 96* 87*
CharlCAA ext5s.l910JAJ 107
CltyASub lst5s.l922JAD 116*
CltyA8ub( Wash) lst5s'48 105*
Col AGrnv lst5-6. 19 17J AJ 117
Consol Gas 6s. .1910 JAD 114* 116
113*
1939 JAD 112
5s
• • • • •
Ga AAlalstpf5sl945AAO 105
GaCar ANlst5s g. 1 929J AJ 103* 104
GeorgiaPlst5-6s 1922JAJ 133* 133*
GaSoAFla lst5s.l945JAJ 111 Ul*
101
108*
Greater Seaboard ctfs.
99
KnoxvTrao lst5s '28 AAO 97
Lake R Bl lstgu5s'42MAS 118
66
66*
Maryland Brewing 6s ....
Met8t( Wash) 1st 5s'25FA
5s...Var
New Orl Gas 1st
. .
NewpNAOPlst5s'88MAN 104*
Norfolk St 1st 5s '44. JAJ 108*
NorthCent 4*s. 1935 AAO 116*
••••••
114*11
'••••<
1
• • • •
>•••••
Indianapolis Ry 4s.. 1933
K C Sub B 1st 6s..'30 JAD
110
74* 75*
• •
••
Lehigh Nav 4*s. .'14 Q-J 118
RR4sg
1914 Q-F 106
Gen M 4*s g. 1934 Q-F 106
Leh Y C'l 1st 5s g.'33 JAJ 103* 103*
.
LehYalext4s..l948JAD
2d 7s
1910 MAS
Consol 6s
1933 J AD 138* 133
Annuity 6s
..JAD 188*
New'k Con Gas 5s '48 J AD 103
Newark Pass oon 5s.l930
NYPhllANorlst4s '39JAJ
Inoome 4s... 1939 MAN
No Penn 1st 4s..'S6 MAN
Gen M 7s
1903 JAJ 109*
Penn gen 6s T...1910 Var 196
Consol 6s
Consol 5s
0...
r...
.
Cons 5s
Cons 4s
Penn 8teel
•
•
••••
••••
.1905 Var 113
.1919 Var
Penn A Md Steel oon 6s
91*
Pa A N Y Can 7s..'06 JAD 117
1939
1939
lst5s.'17
AAO no*
AAO
!••••
1 • •
••
MAN
People's Tr tr certs 4s.*43
PhUa Bleo gold trust otfs
Trust oertfs 4s
107
108
63*
PhABr gen M 5g.'20 AAO 181
Gen M 4s g. .1920 AAO 109
Ph A Read 2d 5s.'33 AAO 198
108
M 6s g.'06 MAS <H4*
121
Y 1st 6s '33 end {187 139*
A
ISO
Consol M 7s. .1911 JAD
Unst'p'd 1st 6s.'33 AAO {136
138
113
Con M 6s g... 1911 JAD
111
Illln Steel oonv 5s.' 10 J AJ { 99
100
Bxt Imp M4s g.'47 AAO
208
Debenture 5s. 1 9 1 3 AAO { 99
1941
JAJ
1st
5s.
90* PotomVal
Con M of '82 4s.'37 J A)
K C CA S 1st 5s g.'25 AAO i 90* 98
8eoAvTn(Pttts)5s'34JAD 116*
Terminal 5s g.1941 U-K
14
KCFtSAGlst7s.'08J&D {115
Sav Fla A West 5s '34 AAO
96
06* P Wil A Bait 4s. 1917 AAO
'3894
K C F SAMoon 6s.'28MAN {110*
Seaboard loan oertfs .,,.
Collat trust 4s. 1921 JAJ
108
140
K CM AB 1st 4s.. '34 M48 { 98*
1926
JAJ
Seab A Roan 5s.
Pitts CA8t L 7s.l900 FAA
88
90
Income 5s
05
C11BI UAPlst4*s'99MAN
67
10
K CA M KyAB 5s.'39 AAO {105
Un Ry A Bl lst4s'49.MA8 9994 9»3< Read Co gen 4s, 1997 JAJ
8* K C St Jo A C B 7s.'07 JAJ tue
Income 4s 1949.... JAD 78* 78% Rochester Ry oon 5s. 1930
SohRKSidelstSs g'35J AD
29* L RookAF S lst7s.'05 J Aj {104
Ylrg Mid 1 st 6s. 1 906 MAS 110
Scran Trao 1st « 32M&N
LB AHtLlstSs 1939....
<•••••
2d series 6s. .1911 MAS 119
Union Term'l 1st 5s. FAA
Gen 4s 1943
MAS
3d series 6s. .1916 MAS 117
United N J 4s.. 1944 MAS
8* Mar H A Ont 6s...'35 AAO 1119
4th ser 3-4-Ss. 1921 MAS 105
UnTraoPltts gen5s'97J AJ
18
Mex Cent 4s g.. 1911 JAJ 8 79* 80
5th series 5S.1926 MAS 118*
Bast'n 1st
July 17
Aug. 88
Apr. 18
Colum St Ry 1st oon 5s.'32
ConTracof NJ lst5s..'33
Bxt A Imp 6S.1901MAS 104* 105
NoBaltDiv 5S.1942JAD 119* 180*
Conv'rtible 5s 1 906MAN 100*
Central Ry 6s... 1912 JAJ
AAO
6s 1900
JAJ
6s gold 1900
JAJ
6s 1904
5s 1926... .JAJ
Series
Series B 5s 1926.... JAJ
Pitt Un Trao 58.1997 JAJ
Jan.
Jan.
Apr.
Jan.
Clt's'StRy(Ind)oon 5s.'33
. .
Bait Beit 1st 5S.1990MAN
BaltCPaslst 5s. 191 1MAN
Bait Fundg 5S.1916 MAN
254
150
249
•
••••••
AtlG-Lightlst5sl917JAD
Atl Coast L ctf s 5s JAD
Bxt A
Adjustment a 4s. .1995 i 85* 85*
Boston Term'l 3*s. .1947 {114 116
Bos Un Gas 1st 5s. '39 JAJ i 74
78
2dM5s
1939 JAJ a 45
50
BurA Mo Rlv ex'pt 6s. JAJ {U594 116*
DGRAWlst4s.'46 AAO
104*
Chas City Ry 1st 5s '23J AJ
Bonds— Boston.
Non-exempt
ACh
Consol 5s.... 1932
••••••
"
rel Coal
50
Winona Mlning(Bost) 85
Wolverine Min. "
25
ATASFgeng4s.'95AAO
Atl
1st 6s tunnel 1911..JAJ
Bal Trao 1st 5S.1929MAN
Westm
AmBeilTel4s..l908 JAJ
4*
Deb 4s
Bonds— Baltimore.
Anaoostla A Pot
5s
SO
*30* 80**
Utah Mining.. (Bost)4'85
Warwick I AS. (Phil) 10
Welsbaoh Com! " 100
"
Pref!
100
MAN
1914 MAS
1916 MAN
St 5s. .'03
Exchange 3*s.l930JAJ
BaltAPlst6sml 1911 AAO
24* 84*
"
"
110394
Rutland 1st 6s.. '03 MAN {IO894 •••ft
Torrington 1st 5s 1918.
2
UnBlLAPow pf (Bait)
Un Shoe Maoh..(Bost)
AAO
10
34* July 18
Mar.
Mar.
Baltimore— Conolu'd.
NYANBnglst7s.'05JAJ {113* 114*
1st mort 6s.. ..1905 JAJ {110
West Bnd
Susquel AS!.. (Phil)
Tamarack Min.(Bost)
TelepTelAC.(Phtl)
Pref
US Mining....
1907
20
Ask.
Bid.
Boston— Concluded.
NewBng congen5s'45JAJ
N B Cot Yarn 5s 1929FAA
NB Gas A Cist 5s.. 1937
New Bng Tele 6s.'99 AAO
6s
818
.
BONDS
Ask.
1894
394
Highest
3
Apr. 9
122
Feb. 5
89
Apr. 18
39
Jan.
4
110 Jan.
139* July 6
22* July
2994 Apr. 87
15 Jan.
29 Feb. 14
75 Jan.
7994 Feb. 15
1094 Jan.
14* Mar. 19
82* June 38 100 Jan. 39
48* June 22 62* Apr. 4
70* June 25 77* Apr. 13
202 Jan. 13 209* May 1
62* June 37 71* Apr. 5
95 Jan. 2 99* Au». 34
8 1-16 June20 10 9-16Apr 5
24 9-16Jan.l0 33* Apr. 5
13 Jan. 10 17* Apr. 5
4494 Jan.
9 6094 Apr. 4
70* June 25 78 Apr. 4
35% May 9 4094 Mar. 81
1594 Jan.
8 19* Mar. 30
34 Jan.
9 37* May 8
91* May 29 94* Mar. 9
388
....100
....100
"
. .
•63
10
370
200
West Bnd Street......
Miscellaneous Stocks.
88* Amalgamated Copper!
(Boston).... 100
Fr BlkAM
•
•••I
•
•••I
189*
10694 107
104*
124*
•
••«€
.
. .
'"olonlinn*
37
93
Domln Coal lst6s.'13MAS {110
26
89
1*
Mannfao Rub.. (Phil) 50
"
Pref
50
2*
Mary land Brew. ( Bait 100
"
100
10
Preferred...
Msrgenthaler (Bost) 1 00 188 169
IsIoRoyale!....
1694 United
1%
3
MISCBLL.—Conoluded
NewBngGsAC !(Bost)
165
37
50
....100
,
Preferred...,,
Union Traotion,
..
(Bait.) .... 50
(Phila.) ....100
"
(Boston)
2d preferred
Union Paoiflo
7594 76
STOCKS BOND8
MAT
Amer. Cement! (Phil)
317
"
,,
Preferred.
59
•8794
24.
"
100
"
100
"
100
OonnAPassum
Conn River.... " 100
8494
OonsolTrPittsH(Phil) 50
"
50
,,..
Pref!
100
(Bait)
>••••
•»••••
0S South A Fla.
"
100
84* 96
1st pref
"
100
8d pref
O'rmant'n Pass (Phil) 50 148
49
"
50
Hsstonv
50
78*
Pref
"
100
Street
Inds
15
18
Ft S AM.. (Boat) 100
80
"
100
85
Prsf
Little Sohuylk.(Phil) 50
Maine Central. (Bost) 100 160
68*
Mlnehlll ASH. (Phil) 50
50
55
Nesquehon'g V. "
"
50
North Penn....
83
84
Pere Marqu'te.(Bost)100
"
5694 57
100
Pref.
Phil Germ AN. (Phil) 50 154
3
Ry s Co General! " ....
8
8*
Seaboard w. L (Bait) ....
28
"
83*
....
Pref w. 1
(Phll)100 871*
United N J
35
UnPowA Trans "
50
United Tr of P. "
"
50
Pre!..
50 113
pref.(Bost)
113*
West Bnd
WestJer A8 8.(Phll) 50 62*
50
WestNYAPa. "
Wis Cent, new. (Bost) 100 14* 14%
"
100
38* 39*
Pref
Wor Nash A R. " 100 125 130
AJJouex Mlnlng(Bost) 25
116
391
103
384
Northern Paoiflo
78*
25
Ash.
305
12* 15
62
65
160
270 275
Pref
1*
194
47* •46*
.....
isle
At'
Central Mass...
76
143* 143
143*
10* 1094 10*
18* 18* •18
RAILROADS.—Prices Aug.
/•"
194
89
36
76
89
•25
26
76
(Phila.) ...
50
Massachusetts Bleot. Cos. !.(Boston)...,100
Pref erred t
"
....100
,
Mexican Central
Northern Central
14*
93
98* 93*
408
186
1st preferred
36
114* 114*
48
•46
•63
19
19
19
8*
Lowest.
89)
{3
31 238
471 t95
241
10 187
1,078 119*
88 181
..100
Old Colony
64% Pennsylvania
99* Philadelphia Traotion
894 Reading Company
6494
759* 760 760
757
757 757
1694 16*
18*
1694 16*
1694 1694
•55
•5494 55* •55
56
55
55
41* 41* 41* 42
43
42
43*
•97* 9794
9794 9794
133* 123* •123* 125 •123* 125
•••
99
84*
3694
89
•85
*
42
97
54
98*
9- 16
Shares
"
(Boston)
204
9»*
99
8*
8*
Su*
b
a
30
•14* 14* •14
14* 14
59
•58* 59*
88* 59
76*
76* 7694 76
7694
87
•37
87
37* 87
16* 16* 16* 16* 1694
8
89*
16*
97
54
6494
89
•85
76
•54* 56
•84* 34*
38
350
204
204
204
6494
89*
75
2
75
•41*
6494
•9894
93*
3594
124* 122% 12494 128* 123
118« 11694 11694 11694 11694 U694
142 143
142* 143
143 148
no* 1094 10* 109* 10* 1094
316 332*
313 315
318 313
750
•29* SO
204
•93
62
750
136
Range of Sales in 1900.
Railroad Stocks.
23
76
93* 93*
*
61
750
204
Week.
40* Preferred
40* 40* 40* 40
137 187 Fltchburg, pref
136* 138* 137
25* 3594 Lehigh Valley
25* •2594 26
93* 93*
1%
•61
185*
•135
16* 16*
124
189*
125* 125*
30
16* 18*
•88* !2*
•25
28
76
•204
6494 6494
98% *989g 88*
8 9-16
894
2994 29 13-16 30
8*
29*
93*
•93
•
Indicates unlisted.
1f
29
23
82 23
76
78
75
75
12* 11* 12* 11* 11* 11* 12* •U* 13*
88
88
88* 86* 86* •••«•• 87* 87* 87
•51* 51* •51* 51* •51* 51* 5094 51
51
•71*
•7094
•71*
71*
71*
7194
7194 71* 7194
•119*
•8894 98%
•894
894
29 15-16
250
190
126
136
•147
Sales
of the
Amerioan Railways !
(Phila.).... 50
Boston * Albany
...(Boston).. 100
14794 Boston Elevated, full paid..
"
100
244 Boston A Lowell
"
..100
,
190 Boston & Maine
"
..100
125* 125* Ohio. BurL A Qulnoy
"
,
..100
"
138* 136* Ohio. Juno. A Un. Stock Yds.
..100
'•
125
127
Preferred
..100
•29* 30 Chootaw Oklahoma A Gulf.. (Phila. >. .. 50
82
•345
•147
149*
245 •240
190 188
850
*
Daily and Yearly Record.
ACTIVE STOCKS.
Friday,
Aug. 24.
[Vol. LXXI.
2
108*
'*87%
» •
88
108
110
'
1st oon lno 3s g non-oum
2d oon lno 3s non-oum..
2594
8694
18*
13*
(State) 3s new.'38JAJ
Fund debt3-3s. 1991 JAJ
Ya
91*
89*
• • • • «
And
Interest.
116
113
••il
tfl-50 p&ld.
•Prloe lnoludes overdue .ooupo
I
—
..
..
August
..
THE CHRONICLE
25, 1900.]
imrjestmjettt kvl&
MrfVMViAMWiWA *
385
Railroad %utjdliQmtz.
1
RAILROAD EARNINGS.
regular weekly or monthly returns
The following table shows the gross earnings of every Steam railroad from which
for the latest week or month, and the last two
earnings
of
figures
give
gross
columns
the
two
first
The
can be obtained?
month.
columns the earnings for the period from January 1 to and including sach latest week or
page.
subsequent
on
a
brought
are
together
separately
railways
street
the
The returns of
Jan. 1
Latest Gross Earnings.
ROADS.
Week or Mo
Current
Year
Previous
Current
Previous
Year.
Year.
Year.
$
$
June
Ala. Gt. South.. 2d wk Aug
14,927
37.3J3
68,909
Adirondack
Ala. Midland...
May
Ala.N.O.&Tex.
N.O.AN.E...
Ala.AVioksb.
Vicks.Sh.AP.
Allegheny Val..
Ann Arbor
An.Was.&Bal..
4thwkjuly
4thwkJuly
4thwkJuly
June
3d wk Aug
Pao.
89,666
1,211,489
405,054
13,355
36,484
68,168
50.000 1,090,217
52,000
416,476
22,000
21,000
355,514
21.000
19,000
265,714 1,636,751
284.101
29,848 1,054,827
27,824
28,548
4,832
4,577
May
48,925
7,485
7,893
Ark. Midland... lime
3,846,136 3,219,914 22,703,880
Atch.T.AS.Fe. June
164,190 171,470 1,192,295
Atlanta* Char. June
236,951
34,286
38,821
Atl. Knox.ANo July
340,563
45,499
47,085
Atlanta AW. P.. June.......
122,479
10,209
15,106
At.Vald'staAW July
62,779
11,004
12,830
Austin AN'west May
65,027
10,407
11,719
Bait. A Lehigh. June
Bait. A Ohio..) July.
3,542,931 3,300,835 24,825,371
B.AO. Sou'w. $
86,797
110,545
Bang'rAAro's'k June
10,830
1,630
1,659
BathAHam'nde June
20,39'
2.229
3,934
Bellefonte Cen. May.
275.976
53,313
57,433
Brunsw'k&Wat May.
92.528 3,516,554
Buff.R'oh.APitt 3d wk Aug 107,999
337,752
55,290
44 070
Buffalo A Susq. July
81.871 2,678,422
84,935
Bur.C.Rap.AN. Istwk Aug
Canadian Pao. 2d wk Aug 571.000 567.0Of 17.745,798
106,095
86,164 3,668,727
Cent, of Georgia 2d wk Aug
312.036
64,508
55.774
Central N. E.... June.......
1,309,234 1,312,338 8,698,825
Central of N. J. July
1,420,707 1,412,911 6,736,941
Central Paoifle. May
357,854
70,916
63,957
Charlest'nASav May.
60,376
2,479
1,681
Chattan'ga So. lstwk Aug
263,883 246,176 8,248,686
Ches. AOhio.... 2d wk Aug
751,596 543,705
Chio. & Alton.. July
3,994,910 3,761,825 22.023,743
Chio. Bur. AG.. June
93,426 3,084,995
99,809
Chio. & East. 111. 2d wk Aug
138,094
116,369 4,031,674
Chio. Gt. West'n 2d wk Aug
75,991
82,133 2,482,196
Chlc.Ind.AL... 2d wk Aug
836,471
761,130 24,801,881
Chio.Mll.ASt.P. 3d wk Aug
3,581,564 3,692,275 23,647,612
Chio.AN'thw'n. July
OhlcPeo.ASt.L. (July
798,248
90,174 103,658
St.L.C.&St.P.
10,994,732
June
2,001,490
1,772,530
Oblo.R'kl.AP.
788,465
860.083 4,501,722
Chlo.St.P.M.AO June
791,131
27,267
24,480
Chle.Ter.Tr.RR 2d wk Aug
*236,000 *102.000 *1,375,634
Choo.Ok.&Guli July
89,389
82,064 3,118,303
Cin.N.O.AT.P. 2d wk Aug
207,993
35,423
28,540
Cin.Ports.&Vir July
Cl.C.Ch.ASt.L. 2d wk Aug 315,832 303,469 10,119,332
37,260
39,646 1.440,931
Peo. & East'n. 2d wk Aug
39,019
Cl.Lor.A Wheel. 3d wk Aug
39,917 1,370,706
174,177 147,811 1,281,259
CoL Midland.... July
375,611 325,834 2,043,879
Colorado A 80. June
89,589
10,920
Col.New.ALau. June
10,039
686,916
Ool.Sand'yAH. 2d wk Aug
20,881
17,920
153,887
Cornwall ALeb. June
26,816
20,103
466,907
Oumb'l'd Valley June
98,881
86,887
Denv.ARioGr.. 2dwk Aug 229,200 193,400 6,296,725
DenverASo'w'n May.
209,988
183.516 1,049,494
Det.&Maokinac June
88,920
477,177
66,573
DuluthS.S.AAtl 2d wk Aus,
61,047
60,221 1,600,141
E. St.L. A Car.. July.
12,645
93,945
11,920
ElglnJol.AEast July.
152,491
153,658 1,144,195
June.
Krle.
3,332,253 3,288,867 17,939,218
Ev'ns.AInd'plis 2d wk Aug
196.381
8,020
7,214
Evansv. AT. a. 2d wk Aug
31,817
840,884
30,076
Pind.Ft.W.&W. June.
47,282
7,700
10,260
Fla.Cent.APen. 3dwk Mar.
50,157
581,986
49,832
June
Ft. W. A Den.
127,468 121,328
728,394
Ft.W.ARioGr.. 3d wk Aug
5,778
273,307
6,758
Gads.&Att.U.. July
1,411
8,599
1,096
2d wk Aug
Georgia RR
28,874
25,918 1,001,967
Georgia A Ala. June
93.236
645,476
88,519
Geo. 80. AFla.. July.
99,002
693,515
92,852
GilaVal.G.AN. June
37,303
192,807
34,466
Gr.Tr'nkSyst'n) 2d wk Aug
434,663 464,089 13,585,458
Det.G.H.AM. lstwk Aug
20,941
552,396
20,566
Great North'n—
St. P. M. & M.. July
1,723,399 1,819,263 12,242,461
East of Minn July
366,256 274,245 2,026,449
Montana Cent July
174,192 172,522 1,096,414
Tot. system. July
2,263,847 2,266,030 15,365,354
G'lfB'mnt&K.C May
22,571
109.473
25,675
Hooking Valley 2d wk Aug
96,999
86,998 2,764,754
Hous.ikTex.Cen May.
234,320 231,710 1,339,161
Illinois Central. July.
2,528,975 2,381,790 18,759,978
Ind.Dec AWest April
53,410
45,244
214,536
Ind.ni.&Iowa. May.
99,535
86,102
496,906
I».&Gt.N'rth'n 2d wk Aug
60,063
63,468 2,110,170
ilnteroc. (Mex.) Wk Aug. 4.
71,300
67,200 2,424,400
Iowa Central. '2d wk Aug
40,767
44,214 1,310,867
Iron Railway... July
4,845
5,403
41,135
Kanaw'a&Miob 2d wk Aug
14,034
11,368
492,110
K.C.F.So'tt&M. 2d wk Aug
101,407
93,735 3,398,765
K.C.Mem. &Blr. 2d wk Aug
27,481
23,434 1,035,595
Kan. C.N. W... July
213,439
31,553
27,348
Kan. City A Om. 4thwkMay
7,855
6,252
97,350
Lehigh 4 Hud.. July
88,751
40.618
278,267
1-ehlghVal.RR. June
2,265,077 2,074,519 12,122,264
Leh. V. Coal Co. June
1,823,506 1,551,704 8,516,265
Lex'gton A East June
35,135
22,477
170,417
LonglslandRR. July
562,957 569,801 2,519,578
C
'
.
S
91,197
1,126,462
320,878
June
.
Latest Cross Earnings.
to Latest Date.
922,059
396.012
363,568
1,444.163
987,413
19,059
60,938
19,425,868
1,053.445
214,134
297,675
54,737
53.094
58,503
20,374,395
ROADS.
Week or Mo
20,077,231
2,803,951
3,599,942
2,199,741
23,617,459
22,191,650
685,407
9,602,053
4,595,866
765,645
*930,402
2,790,462
167,711
8,797,850
1,169,125
1,099,015
931,831
1,804,507
79,224
460,524
107,832
410,823
5,433,868
796,799
360,564
1,386,518
79,493
1,016.322
16,446,593
210,635
822,644
48,804
656,476
725,395
3S5,172
5.383
944,808
583,820
560,089
216.126
12,785,004
552,628
10,714,868
1,379,986
1,082.756
13,177,610
113.223
1,912,232
1,268,497
16,096,725
174,731
425,121
2,154,705
2,343,400
1,299,589
33,004
382,038
2,879,699
864,261
177,509
92,586
283,325
10,376.270
7,957,700
113.682
2,476,946
Year.
Previous
Year.
to
Latest Date.
Current
Previous
Year.
Year.
9
Long Is. System
fuly
Los Ang. Term. July
Louis. Ev. A St.L 2d wk Aug
Lou. H. & St. L, lstwk Aug
Louis. A Nashv. 2d wk Aug
Macon ABirm.. July
July
Manistique
JMexioan Cent. 2d wk Aug
Mexloanlnter'l June
2d wk Aug
J Mex. National.
Mex. Northern May
tMexioanRy... Wk Aug. 4.
lstwk Aug
Mexican So
Minne'p.&St.L. 3d wk Aug
M.St.P.&S.St.M 2d wk Aug
Mo.Kan.ATex 2d wk Aug
Mo.Pao.AIr'nM 2d wk Aug
OentralBr'oh. 2d wk Aug
2d wk Aug
Total
.
Mob.Jac&K.O. WkAug.18
Mobile & Ohio
10,907
11,701
251,156
2,342,746
407,782
2,641,249
16,159.937
3.227,567
339,851
8,083,798
6,380,909
330,828
44,903
7,294,649
Current
Jan. 1
Mont.AMex G'f
Nash.Ch.A8tL
Nevada Central
N.Y.O.AH.R..
N.Y.Ont.&W..
N.Y.Susq.AW
Norfolk & West.
North'n Central
North'n Pacific.
Ohio River
Ohio Southern.
Oreg.Sh.Line...
Pao. Coast Co...
PaoifloMail....
Pennsylvania^
Pere Marquette
Peo. Deo. & Ev.
A
Phila.
Erie...
Phil. Wilm.AB.
Pitts.C.C.ASt.L
Pitts.Bes.AL.E
Pitt.
Ch.AYny.
Pitts.Lisb.&Wn
July
July
July
June
July
2d wk
Aug
May
2d wk Aug
June
6,940
10,727
312,044
439,468
151,657
56,240
77,400
15,400
54,698
70,576
246,545
585,000
31,000
616,000
2,513
e483,200
115,381
547,759
4,205
4,580,047
108,287
162,189
288,937
652,102
2d wk Aug c*623,473
33.353
2d wk Aug
49,911
June
794,186
June.......
366,348
April
298,279
June
June
7,192,836
2d wk Aug 161,332
23,161
4thwkJuly
559,585
June
June
1,018,217
luly
1,466 385
47,544
3d wk Aug
June
18,258
June
4,809
Pitts. Sha.ANo. April
Pitts. West'n.. 3d
Pitts. CI. ATol. 3d
Pitts. Pa.
P. 3d
A
639,849
19,505
37,867
12,372
507,990
wk July
wk July
wk July
A
Total system 2d wk Aug
Reading Co.—
Phil. A Read. May
Coal Air. Co. May
Tot.both Go's. May
Rioh.Fr'ksbAP. May
43,873
35,206
20,002
10,110
82,639
641,260 2,634,120 2,625,502
86,672
65,216
17,242
36,495 1,188,101 1,011.545
375,493
339,049
11,645
496,450 16,772,064 15,026,336
4,492
47,773
35,306
52,255
74,921
9,974
244,874 10,855,723 9,282,757
381,459 2,672,02? 2,275.792
128,930 4,961,663 4,265,194
260,427
355,059
66,586
74,400 2,766,100 2,717,200
526,502
469,812
13,947
50,084 1,716,041 1,649 079
85,784 2,899,053 2,467,735
230,356 6,923,636 6,407,734
509,000 17,322,032 15,702,087
28,00<
786,518
691,283
537,000 18,108,550 16,393,370
81,128
44,251
1,749
e48O,7O0 63,374,194 6 2,756,971
813,084
738,460
102,088
484,807 3,780,669 3,368.087
16,970
10,709
1,918
4,435,407 30,611,829 28,154,275
102,699 2.941,35'> 2,827,620
970.207
932,001
183,647
231,958 8,868,932 7,339,533
584,502 3,799,894 3,148,194
558,716 (117674098 15.237,707
826,608
645,290
28,470
402.954
346,224
46.799
711,182 4,158,620 3,604,864
407,334 1,462.306 1.493,519
296,113 1,942,820 1,816,303
5.766,735 40,821,311 33,148,911
144,227
524,544
464,332
25,610
512,845 2,634,508 2,171,141
945,817 5,439,111 4,995,011
1,502,171 10.849.899 9,618,431
46,500 1,389,792 1.009,128
18,813
29,003
22.854
4,088
179,692
38,388 1,197,707 1,042,395
21,104
698,046
544,396
266,591
223,389
10,662
68,997 2,469,960 2,054,872
2,329,242 1,899,702 10,699,751 8.989,929
1,817,801 1,449,570 8,916,958 9,087,149
4,147,043 3,349.272 19,616,709 18,077,078
436,307
378,115
123,040 112,505
243,139
174,900
38,603
Rio Grande Jot. June
50,996
277,753
9,477
316,396
Rio Grande 80. 2d wk Aug
10,618
Rio Gr'de West. 3d wk Aug
74,900
91,700
42.609
749,817
740,305
St. Jos. A Gr. I. 4thwkJuly
35,755
55,551
9,001
52,939
8,051
8t.L.Ken'etASo July
994,161
157,901 1,086,741
St.L.Van.AT.H. July
157,702
St. L. AS anFr an. 2d wk Aug
189,842 144,628 4,874,054 4,361,829
96,100 3,367,171 3,246,230
St.L. Southwest 2d wk Aug
105,081
625,891
St.PaulADul... May
637,279
137,939 154,461
722,310
662,037
San.Ant.AA.P. May
147,889 136,508
San Fran. AN. P. July
528,629
103,626
99,645
513,997
S.FePres.APh. lstwk Aug
17,953
610,798
533.813
18,242
8av.Fla.AWest. May
350,608 323,074 1,993,829 1,565,247
5,182
207.542
8her.8hrev.AS0 lstwk Aug
7,287
182,008
Sil. Sprs. O. A G. May
122,312
29,034
133,220
30,053
80. 0.A Ga.Ext. July
15,720
147,125
126,259
18.742
80. Haven A E.. June
4,222
20,519
5,499
15,978
So. Miss. & Ark. July
99,947
10,516
65.614
18,391
So.PaoifloCo.6. June
5,085,410 4,824,440 29,977.858 27,571,524
Cent. Pacific. May
1,420,707 1,412,911 6,736,941 6,380.909
GaLHar.AS.A May
513,016 560,168 2,550,491 2,350,257
Louls'a. West. May
566,135
597,625
107,682 109,694
Morgan'sLAT May
552.843 570,536 2,742,727 2,815,317
N.Y.T. A Mex. May
109.298
102.669
20,524
22,329
Tex.AN.Orl.. May
830,356
798,058
172.980 164,485
So.Pao. of Oal. May
1,390,265 1,270,437 7,041,849 5,903,129
So.P'o.ofAriz. May.......
302,565 301,697 1,632,874 1,454,500
861.478
824,501
So.Pao.ofN.M May
177,927
174,441
Southern Ry.... 2d wk Aug 588,530 551,363 18,927,491 16,825,995
StonyCl.AC.Mt. June
10,482
11,234
4,807
3,408
TerreH.AInd.. July
902,751
807,980
122,924 132,749
TerreH.APeor. July
269,033
228,357
47,702
38,597
Texas Central. lstwk Aug
192,311
156,053
8,408
6,695
Texas A Pacific 2d wk Aug 133,255 125,816 4,893,989 4,570,200
Tex.S.V.A N.W. July
55,380
35,668
7,018
8,800
Tol.AOhioCent. 2d wk Aug
39,943 1,529,367 1,133,017
60.470
Tol.P.AWest... 2d wk Aug
660,443
533,975
19,566
22,893
ToL8t.L.AK.C. 3d wk July
42,036
965,729 1,038,170
37.225
Union Pao. RR.. June
9,296,184
1,898,383 1,762,754 10,531,82
Wabash
2d wk Aug 330,132 318340 9,787,502 8,875,842
W.J'rseyASea'e June
326,324 294,124 1,401,152 1,224,252
W.V.Cen.APitt. May
515,639
592,667
133,714 116,004
Western of Ala.. June
323,293
49,634
364,382
54,045
West.N.Y. A Pa. 4thwkJuly 114,100 119,000 2,075,556 1,938,058
Wheel. A L. Erie 2d wk Aug
973,293
37,911
36,084 1,186,490
432,462
Olev.C.&So.. 2d wk Aug
509,783
14,340
19,809
Total
2d wk Aug
57,720
50,424 1,685,751 1,410.755
Wisconsin Cent. 3d wk Aug 103,050 108,221 3,356,378 3,301,803
72,850
Wrlghtsv.AT'n. July
90,967
11,373
10,734
.:
YazooAMlss. V. July
296,423 321,463 2,609,863 2,473,724
37,200
York Southern.. June
42,774
6,415
7,438
Figures from June 1 are for the railroad only. J Mexican ourrenoy. § Covers results of lines directly operated east of Pittsburg,
Includes Chesapeake A Ohio So'western, Ohio Valley and Chioago and Texas for both years.
^°os uot lnolude the Austin A Northwestern, the San Antonio <& Aransas Pass or Houston <fe Texas Central system.
* Beanlts on Montgomery Division »re include ^
in 1900, but not for 1899
d Daoludes St. Paul A Duluth from July 1, 1900.
t
1
—
8
-.... .
.
THE CHRONICLE.
386
Latest Gross Earnings by Weeks.— The latest weekly earnings in the foregoing are separately summed up as follows:
For the second week of August our statement covers 60
roads and these show 8-41 per cent increase in the aggregate over the same week last year.
2d week of August.
Alabama Gt. Southern.
A Fittsb'g.
Baflalo Booh.
Chicago A East. Illinois.
Ottlo. Great Western.....
Chlo. iDd'pllB
A
Louisv..
Chicago Mllw. A 8t. Pan
Ohio. Term. Transfer...
1
Cin. N. O. A Tex. Pac. . .
Olev. Cln. Chlo. & 8t. L.
A Eastern
A Wheel's
Col. Sandnsky & Hook'g
Denver A Rio Grande..
Dnlath 8o. Shore A Atl
Evansv. A Indianapolis.
Evansv. A Terre Haute
Peoria
Clev. Lorain
Ft.
Worth & Rio Grande
A Gt. North'n
Iowa Central
Kanawha A Michigan..
Kan. City Ft. 8. & Mem..
Kan. City Mem. A Birm.
Louisv. Evansv. A 8t. L.
Intern'l
.
Louisville
A
Nashville
..
Minneapolis A St. Lonls
Minn. St. P. &S. Ste. M..
A IronMt...
Central Branch
..
Mob. Jackson & K. City.
St. Y. Ontario A Western
Mo.
Paolfio
Northern Pacific. ........
1900.
1899.
S
$
37,333
26,672
108.723
571,000
106,095
263,883
P9.809
138,094
75,991
749,595
27.267
67,642
89,389
315,832
37,260
38,334
20,881
229,200
61,047
8,020
31,817
5,626
28,874
434,663
96,999
60,063
40,767
14,034
101,407
27,481
37,867
507.990
312,044
15l,6i7
49,834
70,576
246,545
585,000
31,000
2,318
108,287
288,937
623,473
33,353
161,33'
Pittsb.Bess. A L. Erie..
Pittsburg A Western
68,276
82,639
Rio Grande Southern...
Rio Grande Western....
St. Louis A San Fran.
St. Loo is Southwestern.
189,84'.
If 5,081
Toledo A Ohio Central...
Toledo Peoria A West'n.
Wheeling
—
—
«
A Lake
Erie.
Olevel'd Canton
A So.
Wisconsin Central.. .— .
10,618
94,20(
588.530
133,255
50,470
22,893
330,132
37,911
19,809
103,403
8,961,071
Net Increase (8*4 1
p. c.
Increase.
Decrease.
9
20,324
........
93,42.'
82,133
729,271
24,480
..
—
6,142
...
7,32?.
.... ...
12.363
303,469
2,386
39,64f
148
38,186
17,920
193,400
60,22
2,96)
........
35,80f
826
806
7,214
1,74.
30,07-
7,397
25,9
1,771
•-
29,426
464,089
86,998
10,001
........
3,405
3,447
63,46*
44,214
11,368
93,73f
23,434
36,49!
496.451
2,666
7,672
4.047
128,93i
49,45;
85,784
230,35(
15,208
•••
16,18f
76,000
3.00C
509,00
28,000
•
•• *>••
587
1,73 J
102,69!
5,588
231,958
558,716
28,470
144,227
53,358
68,997
9,477
76,000
144,628
96,100
551,363
125,816
39,943
19,566
318,340
36,084
56,97$)
64,757
4,883
17,1*5
14,918
13.64S
1,141
• ••«•••*
••••••I
250,518
447,449
100,345
175,306
93,500
158,277
Apr. 1 to June "0
1,159,589
Jan. 1 to June 30.... 2,341,681
Denver Gas A Eleo.July
Jan. 1 to July 31
1,055,830
2,029,454
570,022
418,914
827,584
19,597
209.088
134,720
14,729
227,369
804,899
3,591,657
8,98)
H
June 3,332.253 3,288,867
Jan. 1 to June 30... 17,939,218 16,446,593
July 1 to June 30... 38,293,032 33,752,704
Ft. Worth A Rio G. b. June
27,195
28,071
Jan. 1 to June 30....
21*8,284
234,677
July 1 to June 30
Ga. South. A Fla.a.July
Jan. 1 to July 31....
Gd. Rap. Gas-L. Co. July
Jan. 1 to July 31
9r.
••« .-••
10,674
769,807
8,265,57^
74.308
695.49J
! .
For the first week of August our final statement covers
66 roads, and shows 5-92 per cent increase in the aggregate
over the same week last year.
1,703,310
9,651.441
22,201,429 20,068,o99
July 1 to June 30
Jackson Gas-L. Oo.July
Jan. 1 to July 31....
Mar. lto July 31....
Laclede Gas-L. Co. July
Jan. 1 to July 31
Jan. 1 to July 31....
Apr. 1 to July 31 ...
Mont. A Mex. Gulf. June
1(9,759
Jan. lto June 30....
697,703
N. Y. A Rcckaway B.—
Apr. 1 to June 30
74,386
Pere Mar quette.a-. June
667,948
Jan, 1 to June 30
3,843,845
Phlla. A Erie.b
June
559,585
Jan. lto June 30.... 2,634,508
Pitts. C. C. ASt.L.a.July
1,466,385
Jan. 1 to July 31
10,849,899
403,626
week ot August.
Previously rep*d<58
Duluth
So.
Shore
1900.
r'ds)
A At.
Santa Fe Pres. A Phoenix.
Southern Railway.. .—
.
Total (66 roads)
Net increase (592
1899.
$
9
7.581.230
288,457
52,381
71,300
77,400
15,400
18,242
8,408
7.166.735
246,178
52,077
67,200
74,400
13,917
17,9 c 3
551,401
6,695
8,681,558
8,196,586
568,74^-
Increase.
9
568,368
42,279
304
4,100
3,000
Decrease.
9
153,873
1,453
o. o.)..
153,873
Net Earnings Monthly to Latest Dates.—The table following shows the gross and net earnings of Steam railroads
reported this week. A full detailed statement, including all
roads from which monthly returns can be obtained, is given
once a month in these columns, and the latest statement of
this kind will be found in the Chronicle of August 18, 1900.
The next will appear in the issue of September 22, 1900.
—
—Gross Earnings.
Current Previous
Year.
Roads.
Adlrondaok.a
Tear.
<
—
Net Earnings.
Current Previous
Tear.
Tear.
9
9
9
13.355
14.927
1,362
def.171
91,197
22,111
89.666
26,699
Jan, 1 to June 30....
547,134
581.798
127,546
141,455
Bait. A Ohio 8. W.b June
904,989
851,009
Jan. 1 to June 30.... 3,460,093 3,177,437
July lto June 30.... 7,211,914 6,873,275 2,110,284 1,857,727
1.748
Binghamton Gas.. July
1,630
18,742
18,777
Jan. lto July 31
5,498
5,181
May lto July 31
55,290
44,070
16,5t7
BuflaloAS'squeh.a July
23.464
337,752
407.782
128,244
146.670
Jan. 1 to July 31....
560,147
586.978
Cent, of N.Jersey. a. July 1,309.234 1,312,338
Jan. 1 to July 81.... 8,698,825 8,083,798 3,441,250 3,142,187
751,596
543,705
260,040
172,759
Chicago A Alton. a. July
541,050
486,500
159,409
156,486
Chlo. Gt. West'n. b. July
Jan. 1 to July 31.... 3,768,533 8,3«2,293 1,138,050 1,043,063
13,482
12,675
Consol.GasOo.,N.J.July
26,599
24,539
Jan. lto July 31
Juno
100,803
636,372
3,062
30,493
15,320
20.217
180,423
63,982
583,970
21,978
128,925
3,436,012
512,845
2,171,141
1,502,171
9,618,431
350,661
1,987,631
3,835,033
J, 605, 550
103.626
528,629
80,783
507,771
989,920
3,408
10 482
40,702
99.645
513,997
80,246
443.665
875,288
4,807
11,234
39,371
24,136
155.832
18.038
94,378
20,769
130,391
14,457
3,309,936
Jan. 1 to July 31
PaulGas-Lt. Co.. July
Jan. 1 to JuLy 31
San Fr. A N. Pac. a. July
Jan. 1 to July 31....
Santa Fe Pres. A Ph.June
Jan. 1 to June 30
July 1 to June 30
Stony CI. A C. M. b..June
Jan. lto June 30....
July 1 to June 30
Tenn. Coal
I.
A RR. July
Jan. 1 to July 31....
Texas Central. a
June
Jan. 1 to June 30
Trenton Gas AEle. July
Mar. 1 to July 31....
Western Gas Co.—
Mil Wee Gas-L. Co. July
Jan. 1 to July 31....
Wrightsv. A Tenn. July
Jan. 1 to July 31
11,373
90,967
750,916
3,333,621
6,801,074
1,654
14,251
9,402
57,436
533,334
331,091
332,219
2,849
27,444
12,373
24,579
114,267
12,696
108,158
820,fc73
687,962
206,125
178,254
835,848
565,919
332,471
416,126
2,183,844 2,274,166
277,423
175,475
784,103
578,318
1,337,861 1,075,265
4.174
3,417
42,388
38,521
20.3C9
16,762
151,407
151,699
45,379
50,051
144,U35
153,897
44,543
40,728
210,719
278,318
419,946
552,336
def. 1,775
2,572
635
def.4,817
16,188
9,446
117,212
127,833
627,074
1,917,932
5,520
2,605
27.585
36,833
6,490
7,356
40,497
31,713
298,299
2,866
25,183
10,734
72,850
8,582,778
8,684
84,288
267,296
27,665
136,651
10,477
82,950
33.536
273,762
2,472
18,135
a Net earnings here given are after deduoting taxes.
b Net earnings here given are before deduoting taxes.
289
17,339
1,713
638,845
484,972
412,169
44-, 126
Gas L.Co. July
.
1 st
556,413
92,852
560,089
Trunk of Can... June 1,850,281
Jan. 1 to June 30
10.409.657
.
5,469
114,078
481,147
99,002
693,515
St.
1,8*7
14,341
1,196,651
18,514
191,925
115,128
16,906
280,282
827,363
4,046,882
9,944,4^7
5,599
66,492
184.4C6
28,709
156,528
10,492
91,192
773,303
3,392,020
7,426,432
1,571
15.552
9,808
58,749
533,957
Mar. 1 to July 31....
Detroit City Gas. .. .July
Jan. 1 to July 31....
St. Joseph
37,167
7,4:-
600,703
A Susq.b—
PlttBb'g A West'n. b. June
Jan. 1 to June 30
July 1 to June 30
18,200
45,214
10,527
3,327
11,792
9
Long Island RK.b—
Apr. 1 to June 30.... 1,206,458 1.198,170
Jan. 1 to June 30
1,956,621 1,907,145
Madison Gas AElec. July
1,372
1J,510
67,170
22,727
38S
244,874
Tear.
9
284.322
515,141
2,95(
1
Tear.
9
Brie. a
2.787
42,671
24,97)
82,06«
Tear.
173,473
277,474
Albany
........
Net Earnings.—*
Current Previous
179,546
326,044
1,349
16,194
4,000
19,931
17,707
6,384
21,7i5
. .
1,103,235
Jan. 1 to June 30
92,529
H6,36f
Tear.
Roads.
9
Delaware A H'dson Co.—
Renns. A Saratoga b—
Apr. 1 to June 30
643,679
Jan. 1 to June 30
1,186,911
N. Y. A Canada b—
Apr. 1 to June 30
819
246,176
Qross Earnings.
Current Previous
9
36.481
28,521
567,00(
86,i64
[Vol. LXXI.
Interest Charges and Surplus.—The following roads, in
addition to their gross and net earnings given in the foregoing, also report charges for interest, &c, with the surplus
above or deficit below those charges.
Int., rentals,
Roads.
etc.
Current
Previous
Tear.
Tear.
9
9
>
r-Bal. of Net Earn' t.-*
Current Previous
Tear.
Tear.
9
9
A Hudson—
A Saratoga-
Delaware
Renss.
Apr. 1 to June 30
CanadaN. Y.
Apr, lto June 30
209,807
298.065 df.130,261 df.124,592
&
Albany A Suequeh.—
Apr. 1 to June 30....
Fort Worth A Rio Gr.—
July 1 to June 30
Long Island RR.—
Apr. 1 to June 30....
N. Y.
94,301
90,472
6,044
3,028
317,573
293,708
252,449
125,206
99,671
98,579
84,735
168,717
330.313
318,900
•146,104
•70,669
A Rcckaway B.—
Apr. 1 to June 30
16.200
13,200
5,778
108,026
103,937
20,899
644,084
166,147
654,726
Jan. 1 to June 30
278,488
225.065
53,983
Pitts. C. C. A St. L. July
419,927
Jan. 1 to July 31.... 2,063,917 1,732,804
22,958
27,188
22,863
San Fran. ANo.Pac. July
46,563
73,056
54,777
Tenn. Coal I. A R R.July
325,941 1,534,494
383,438
Jan. 1 to July 31
481
6,875
6,250
Trenton Gas A Ele. July
6,122
34,375
Mar. 1 to July 31....
Pere Marquette
— June
—
*
Alter allowing for other inoome reoeived.
def.504
4,221
43,878
191.061
491,362
22,421
70,649
301,133
240
—
.
.....
August
.
.
—
,
THE CHRONICLE.
25, 1900.]
387
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 the
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 Qross Earnings.
Gross
Earnings.
Week or Mo
Jan. 1
Our'nt Prev'us
Tear.
Tear.
Gross Earnings.
Current Previmis
.
Tear.
$
20.102
80,530
88,614
551,290
778,382
Roads.
Colorado Sp'gs R. T.June
Jan. 1 to June 30
Columbus Railway.July
Jan. 1 to July 31
Oct. 1 to July 31
Coney Isl. & Br'klyn.bApr. 1 to June 30
Jan. 1 to June 30
Denver City Tr'mw. July
Jan. 1 to July 31
Mar. 1 to July 31....
July
ff arrisb'g Traot'n.
Jan. 1 to July 31....
Lorain & Cleve. Ry.July
Jan. 1 to July 31
New Castle Tract. July
Jan. 1 to July 31....
Northern Ohio Trao. July
Jan. 1 to July 31
Date.
Current
Previous
Tear.
Tear.
$
St.
Ry
• -
Atlanta Ry. & Power.
Ballston Terminal
Bingham ton St. Ry.Chloago & Mil. Eleo..
Chloago Union Traot.
Oln. Newp. & Cov. .
City Eleo. (Rome.Qa.)
Cleveland Electric.
Cleve. Palnev. & E...
Col. Sp'gB Rap.Trans.
. .
.
Juno.......
May
July
July
July
July
July
July
July
June
July
July
Ry July
&
Denver City Tram.... July
Detroit Clti'nB'Bt.Ry. lstwk
Detroit Eleo. Ry--- lstwk
Detroit Ft. Wayne
Columbus (O.) Ry....
Consol. Trao. (Pitts.)
Dart. W'port St.
Aug
Aug
lstwk Aug
Belle Isle
1 stwk Aug
Total oi all
Det. Roch. Ro.& L.O. July
July...,.
DuluthSt. Ry
Easton Consol. Eleo. June
&
May
Galveston City
Grand Rapids Ry..-. June
Harrlsburg Traction. July
18,7?0
242,179
17,404
213,218
102,395
19,081
71,565
6,553
653.812 4,182,179
434,962
68,704
22,650
2,848
t95,857 1,143,164
74,853
14,531
80,530
14,^18
9i",878
4,295
44,396
4,465
April
44 929
2,906
19,875
18,378
630,893
72,701
3,447
tl78 645
16,605
20,102
88,614
254,973
13,505
119,910
83,026
10,197
26,140
,091,542
394,296
15,418
920,346
65,154
60,811
551,290
229,142
13,468
113,771
27,480
9,544
56,737
722,300
896,585
322,797
52.566
683,408
787.094
254,507
4,354
136,859
119,812
4,617
47.840
8,291
41,378 1,356,241 1,161,413
26313
3i',8oi
158",i73
123,299
23,830
18,545
48,885
35,938
24,766
44.241
34,551
119,152
85,142
238,270
195,805
207,689
174,786
4,177
17,456
3,404
16,479
25,944
48,947
20,954
47,986
Herkimer Mohawklllon&F'kfortEl.Ry. June
Houston Eleo. St. Ry. March.
Internat'l Traotion—
Interstate Consol. of
North Attleboro.. .
Johnstown Pass. Ry.
Kingston City Ry
Lebanon Val. St. Ry..
66,802
54,953
12,365
102.812
82,529
14,590
37,868
37,705
9,440
26,748
36,446
4,913
59,445
61.666
11,046
23.131
22,445
4.740
5,352
41,920
89.939
8,698
37,891
48.897
13,014
588,000 2,901,682 2,605,426
921,033
1198811 7,108,431 6,526,686
156,858 839,067 795,598
4,874
36",383
46",808
8,997
77,135
82,978
21,681
30,977
32,041
8,734
108.123 489,451 434.929
36,649 231,835 200,136
26,582
28.866
7,8
11,800
11,696
2,993
17,138
18,626
3,680
14,315
16,973
9,285
5,814
May...
July...
July...
July...
July...
Lehigh Traotion
Lima Railway (Ohio) June...
11892
March;
4.621
7,345
9,654
17,228
July...
July...
June...
June...
626.000
114.374
1337586
168,244
May...
Olean
5,334
9,828
20,859
10,493
109.404
42,992
8,080
2,719
4,318
June.
Ry. & Bridge
Philadelphia Comp'y July.
Pottsv'e Union Trao. July.
Richmond Traction.. June.
19,871 17,685
124,870 131.671 1,565,333 1,078,462
70,643
17,005 15,505
79,655
77,772
19,016 16,848
97,071
London St. Ry.
(Can.)
Lorain & Cleve
Los Angeles Tract..
Mass. Eleo. Co.'s
Metro. (Elev.)Ohicago
Metrop.St. Ry.(N.Y.)
Montreal Street Ry..
Musoatlne St. Ry
.
Newburg
St.
Ry
New Castle Traction.
New London Bt. Ry..
New Orleans City
Northern Ohio Traot.
Norwalk Tramway .
Ogdensburg St. Ry..
May...
June. .
June...
July...
July...
April..
July...
June...
July...
May...
St. Ry
Omaha & Coun. Bluff
U
Gas& By
. .
Union
30,387 25,966 210,549 177,551
*59.196 * 53,7791 296,245 269,419
22,912 21,846
124,465
31,215 27,8991 157,855
67,016
18,154 18,869
67,176
716,692
127.123 116.825 810,739
249.842 225,390 1,575,641 1,376,745
29,207 24,505
141,139 120,104
July,.
July..
July.
July..
May.,
July..
July.
(N. Bedford).. July.
United P. & Transp..
United Traotion— )
Albany City J
United Tract. (Pitts.)
United Tract. (Pro v.)
Int. 156, 925
July.
Inc. 24,
June.
116,787 110,436 633,760 605,630
172 834 161,475 1,083,209 945 4-8
233,635 200,644 1,310,277 1,120.288
7,250
8",473
36,317
8,542
37.519
July.
July.
Winnebago Traction. May.
Worcester & Marl'b'h July.
046
* Figures from May 1 cover Soranton Railway, Soranton
Soranton & Carbondale and Carbondale RaUway.
t Strike in Cleveland in 1899.
&
Pittston,
Street Railway Net Earnings.—The following table gives
the returns of Street railway gross and net earnings received
this week. In reporting these net earnings for the street
railways, we adopt the same plan as that for the steam
roads that is, we print each week all the returns received
that week, but once a month (on the third or the fourth
Saturday), we bring together all the roads furnishing returns, and the latest statement of this kind will be found
in the Chronicle of August 18. 1900. The next will appear
In the issue of September 22, 1900.
—
.
Gross Earnings.
Current Previous
Tear.
Tear.
>
Net Earnings.
19,875
102,395
19,081
91,878
11,351
43,035
Previous
Tear.
$
10,596
30,328
Brooklyn HeightsApr. 1 to June 30
3.0D1.073
Jan. 1 to June 30.... 5,687,267
Oln. Nowp. & Cov.bJuly
72,704
Jan. 1 to July 31....
434,962
Olev. Palnesv. & E.July
16,605
Jan. 1 to July 31....
74,853
2,840,174
5,277,700
68,704
394.296
14,531
65,154
1,312,029
2,228,948
141.569
1254,034
11,057
35,714
1,148,225
1,834,117
144.499
1228,489
6,903
21,376
Roads.
Blnghamton 8t. Ry.July
Jan. 1 to July 31
$
$
Our rent
Tear.
$
$
14,918
60,811
8,447
28,948
43,72 »
7,273
21,467
279,800
396,430
152,756
223,365
40,541
212,583
164,498
15,702
63,332
7,825
28,085
9.453
22,179
12,887
58,961
80,387
210.549
181,788
25,966
177,551
152,206
22,912
May
18.154
Staten Isl. Eleo
67,176
Jan. 1 to May 31....
181,858
July 1 to May 31....
249,842
Twin City Rap.Tr. b July
Jan. 1 to July 31.... 1,575,641
21,840
18,869
67,016
182,864
225,390
1,376,745
16,872
117,033
102,496
9,956
43,132
9,277
4,591
7.209
38,237
129,332
807,434
14,721
96,718
84,390
10,955
47,081
12,042
6,421
6,090
49,039
121,072
719,542
—
Sacramento Electric Oas
July
& Railway Co
Jan. I to July 31
Feb. 1 to July 31....
So. Light & Tract... July
Apr. 1 to July 31
So'west'n Mo. Elec.July
and tolls in July, 1900, were $12,479, against $12,062,
1 Taxes
and from Jan. 1 to July 31 $86,531 against $83,435. After deducting
these items the net in July, 1900, was $29,090, against $32,437,
and from Jan. I to Jaly 31, $167,503, against $145,054.
,
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.
— Int., rentals, etc.
Current
Roads.
Isl.
—
<-Bal. of Net Barn's.-*
Current
Previous
Tear.
Tear.
$
$
Tear.
$
$
117,958
31,780
155,282
74,556
30,320
125,194
*44,059
27,246
82,949
8,944
52,942
67,801
490,466
9,196
55,172
65,970
471.104
7,928
49,554
61,531
316,968
Jan. 1 to July 31....
After allowing for other income reoeived.
*
Previous
Tear.
&
Br'klyn—
Apr. 1 to June 30
Oenv'r City Tram w.July
Mar. 1 to July 31
Sacramento Eleotrio Gas
& Railway Co
July
Feb. lto July 31....
Cwin City Rapid Tr. July
Coney
*
107,171
10,222
39,305
5.525
29,218
55,102
248,438
ANNUAL REPOR1:s.
Denver & Rio Grande Railroad.
{Report for the year ending June 30, 1900. J
The annual report has been issued in pamphlet form for
the year ending June 30, 1900.
The remarks of President
E. T. Jeffery will be found in full, together with valuable
tables, on pages 394 to 396 of this issue.
The following comparative statistics have bsen compiled
for the Chronicle:
Sacramento Electrio
Soranton Railway
Southwest Mo. Elect.
Southern Ohio Tract.
State n Island Eleo
Toronto Ry
Twin City Rap. Tran.
Tear.
$
154,334
238,784
59,026
304,848
238,231
17,412
79,374
7,596
28,868
12,786
29,421
16.452
86.728
213,823 202,770 1,221,312 1,118,067
June.
(Buffalo)
Tear.
$
341,278
565,775
1X3,771
683,408
509,807
34,551
174,786
11,468
51.407
21,681
77,135
36,649
200,186
.
Amsterdam
Tear.
>
373,810
632,181
119,910
722,300
539,565
35.938
195,805
11,900
53,820
20,859
82,978
42,992
231,835
—
. .
to Latest
Net Earnings.
Current Previous
>-
OPERATIONS, EARNINGS, ETC.
1899-00.
1,674
Average miles operated.
Equipment —
Loco (st. and nar. gauge)
311
4,350
4,250
1898-99.
1,670
1897-98.
1,666
1896-97.
1,666
305
297
293
3,350
4,251
3,350
4,296
84
130
3,350
4,250
82
136
82
138
82
138
Pass, oarried (number)
684,666
Freight carried (tons) .. . 3,781,865
597,935
3,327,948
556,936
534,239
1,731,694
Fre't oars (stand, gauge)
Fre't cars (nar. gauge)...
Pass, cars (stand, gauge)
Pass, cars (nar. gauge) .
.
Operations—
. .
Earnings from—
Freight
Passengers
Miscellaneous
$
$
7,651,643 6,961,804
1,776,760 1,494,479
817,677
813,965
Total earnings
Expenses for —
10,246,080
9,270,248
2,596,029
$
$
6,181,777
1,360.716
800,433
4,894,612
1,247,991
802,512
8,342,926
6,945,115
Maintenance of way
1,144,574 1,107,636 1,003,176
876,771
Maintenance of struct's..
221,456'
236,644
158,066
224,609
Maintenance of equip't..
935,360
690,044
569,340
378,192
Conduoting transport'n. 3,733,975 3,269,221 2,795,503 2,215,857
Express expenses
144,133
159,629
172,852
135,491
General expenses
231,153
266.496
283,350
275,599
Total expenses
Net earnings
P.
o.
of exp. to earns
Net earnings
Other income
Total
—
6,485,839
3,760,241
63-30
4,075,336
2,869,779
58-68
5,710,351
3,559,897
61-60
5,017,600
3,325,326
60-14
INCOME ACCOUNT.
1899-00.
189899.
1897-98.
1896-97.
$
$
3,760,241 3,559,^97
113,684
110,327
3,325,326 2,869,779
51,683
62,403
3,873,925 3,670,224
3,337,729 2,921,462
Disbursements
Interest on bonds
Taxes and insurance
1,882,106 1,900,810
Total.
Surplus..
3,635,623 3,637,085
33,139
238,302
1,097,950 1,997,950
351,991
362,098
357,527
337,552
For new equipment
130,161
177,590
Dividends on pref. stock. (4)946,000(4)916,000 (2^)591,250(2)473,000
Renewal fund
30,000
60,000
60,000
Bond conversion fund...
20,000
120,000
120,000
67,323
Miscellaneous & rental..
129,179
139,829
95,133
"3/130,477 2,890,264
31,198
257,252
—
:
—
THE CHRONICLE.
J
388
BALANCE SHEET JUNE
1899-00.
Earnings—
1898.
1899.
$
Cost of road and branches. ...101,240,712 101,215,941
„•---•
37,103
Rio Grande Pagos & No. RR..
Materials and supplies
Agents and conductors
Individuals and companies....
Securities in the treasury
BoDd conversion fund
Special renewal fund
Miscellaneous accounts
553,791
316,760
193,852
1,711,158
213.251
257,830
140,345
644,621
Cash
Total
109,444,569
—
95,202
439 >2]i
141,742
735,951
109,836,705
109,476,847
38,000,000
38,000,000
23,650,000
43,136,000
712,035
294,903
473,020
2,125,709
109,444,569
109,836,705
52354
Accrued interest on bonds
Coupons
Miscellaneous
Dividends
Balance to
profit
and loss
Total
—V.
23,650,( 00
148,340
213.H52
456,042
99.014
Pay- rolls
Traffic balances
327.466
226,886
190,747
2,017,350
20,000
453,070
138,409
811,214
2,10/, 100
43.219,500
264,791
409,712
380,934
102.313
53,171
708,673
272,895
473,212
2,301.505
Renewal fund
4,135,141
501,22V
250,242
219.207
Liabilities
38,0^0,000
Capital stock, common
23,650,000
Capital stock, preferred
Bonds (see Investors' Supp.) 43,219.500
Vouchers
101,156,564
4,135,141
4,135,1
453,070
175,886
359,914
43.259
108,227
614,958
304,215
354,910
2,276,408
109,476,847
71, p. 232.
Cleveland Cincinnati Chicago & St. Lonis Railway.
(Report for the year ending June 30, 1900. J
The report of the President, Mr. M. E. iDgalls, is published
on pages 397 to 400, together with the balance sheets of June
30, 1899 and 1900, the income account, detailed statements of
earnings and expenses, etc., etc.
The statistics for four years, compiled in the usual form
for the Chronicle, are given below:
OPERATIONS AND FISCAL RESULTS.
Miles oper. June 30.
Equipment —
Locomotives
Passenger cars
Freightcars.
1899-00.
1,891
1898-99.
1,838
1897-98.
1,838
1896-97.
1,638
447
384
457
381
467
380
459
367
15,666
13,479
13,311
12,453
4,937,250
5,093,978
5.360,457
Passengers carried. 5.792,421
Pass, carried 1 mile.240.099,226 230,596,748 20 ',998,657 186,657,170
1-841 cts.
1915 cts. 1-964 cts.
Rate perpass.perm. 1-938 cts.
8,223,347
9,630,159
Freight, tons car'd.. 11,006,304 10,043,126
1,343,484
Fr'gt.tons, car. 1 m. 1,863,586 * 1,704,824 *1, 696,2^1
0-614
cts.
0-541 Ots.
0545 cts.
Rate per ton per m. 0-583 ots.
$
*p
Earnings —
*
_
__„
3,66^,193
3,850,126
4,245,036
4,653,224
Passenger
8,254,873
9,237.507
9,226,534
10,867,502
Freight.
912,449
930,657
932,887
961,065
Mail and express...
284,596
301,803
314,905
325,059
Rent, &c...
14,719,362
14,320,094
13,117,111
1,885,560
2,561,768
5,530,778
522,913
319,323
24,895
321,337
582,690
1,815,555
1,705,607
1,562,620
4,897,051
317,906
34,330
372,639
579,103
1,907,949
2,114,095
5,124,708
495,9 "'4
278,281
4»,492
404,751
598,118
11,749,264
5,0^7,587
69-91
P.c.ofop.ex.toe'gs.
10,645.556
4,073,807
72-32
10,968,367
3,351,726
76-59
9,864,665
3,252,446
75-20
Total
16,806,851
—
Expenses
Maintenance ofway
Maint'ce of equip. ..
Conduct, transp'n..
Traffic expenses....
General expenses..
Insurance
,
Car service
Taxes
Total
Net earnings
*
l,97*,fr58
5,045,842
5('3,!i73
463,774
269,208
48,83*
337,9'
579,666
Three ciphers (000) omitted.
tncome ACCOUNT.
Receipts—
Net earnings
Other income
Total
Disbursements—
Interest
Rate
of dividend.
Div. on com. stock
1899-00.
1898-99.
1897-98.
$
$
$
5,057,587
82,934
$ „^„
4,073,807
23,592
3,351,726
35,189
3,252,446
5,140,521
4,097,399
3,386,915
3,252,446
2,661,441
2,672,544
201,166
50n,000
2,708,691
19b,333
2,687,049
196,877
375,000
205,097
500,000
Rentals
Div. on prof, stock....
(5 p.c.)
„
(5 p. 0.
(3
375,000
%p. C.)
(3%)839,840
821 ,567
19,376
Due on Pullman con't.
Miscellaneous
Total
Balance
—V.
[Vol. LXXI.
30.
1900.
Equipment
J
.
3,28<',024
3,373,710
5,047,321
sur. 93,200 sur.723,689 sur. 106,891
1896-97.
0.)
3,299 140
def. 46,691
Tot. (incl. taxes).
Net earnings
—
,
Dikbursements
Rentals paid
Interest on debt
Dividends (8 p.c.)...
Special equipment..
9,241,569
9,114,625
1,274,848
1,453,695
838,082
3,561,222
90",017
866,662
7,516,472
2,439,666
6,677,661
2,647,374
6,795,001
2,446,568
6,658,075
2,456,550
78,000
337,980
78,000
337,980
2,000.000
200,000
78,000
337,980
2,000,000
78,000
337,980
2,000,C00
Total disburs'ts.
surplus
2,615,980
31,394
2,415,980
30,588
2,415,980
40,570
2,415,980
23,686
934,574
BALANCE SHEET JUNE
1900.
Assets—
30.
1899.
1898.
1817.
$
$
Road and equipment
27,514,117 27,514,117 27,514,116
Hudson River bridges...
475,485
475,485
475,435
Other permanent inv'ts.. 1,931,276 1,931,276 1,931,276
Materials and supplies..
3*7.111
197,115
223,650
Due from co's & indiv'ls.
934,819
894,566
858,500
Real estate
1,715,492 1,719,528 1,457,025
Special equipment
427,000
427,000
6 '7,000
Improvement fund
3,4«5,<>84 2,748,051 2,409,204
Cash
932,431 1,343,237
934,669
Sinking fund
171,274
165,468
$
Total assets
Liabilitits —
Stook, common
$
27,514,116
475,485
1,931,276
422,375
754,965
1,452,575
627,000
2,378,000
962, c 11
37,894,089 37,415,843 36,430,926 3(5,518,003
25,000,000 25,000,000 25,000,000 25,000,000
Funded debt
7,485,000 7,485,000 7,485,000 7,485,000
12S.945
Accrued int. and rents...
85,995
123,4*5
123,495
5« 0,000
500,t 00
Dividend on B. & A. stk.
500,000
500,000
Ledger balances
711.221
781,8-5
516,982
567,979
Improvement fund
3,465,084 2,748,051 1,94«,722 1,921,914
Sinking fund
& misoel...
217,956
292,000
331,072
Grade orosslngs
Profit and loss
Total liabilities
71, p. 285, 237.
175,690
365,000
307,387
164,' 37
157,852
300,000
245,407
365,000
275,993
37,894,089 37,415,843 36,430,926 36,518,003
-V.
Buffalo & Susquehanna Railroad.
(Report for the year ending June 30, 1900. J
The growth of passenger traffic shows an increase of 22
per cent over last year, which is very gratifying; the freight
earnings show a decrease of 8 per cent, which is due to the
general depression of the lumber business during the last
half of the fiscal year, as 82 per cent of the freight revenue
of the road is derived from this business. Various industries
are being established on the line, including "one of the
largest pulp and paper mills in the country."
The earnings, balance sheet, etc., follow:
Statistics.
OPERATIONS, EARNINGS AND CHARGES.
—
Passengers oarried
Freight (tons) carried
Earnings—
*
Passengers
Mail, express, etc
Total
ExpensesMaintenance of way, etc..
Maintenance of equipm't.
Conducting transportat'n.
General and taxes
Total
c.
1898-99.
1897-98.
1896-97.
206.890
1,221.566
158,187
139,255
1,075,629
129,044
1,031.336
1.304,841
$
$
614,707
93,0i6
25,238
668,386
72,427
26,506
540,567
55,751
29,374
503,730
51,670
24,398
732,991
767,319
625,692
579,798
81,735
78,876
169,000
55,390
203.982
86,858
165,517
62,927
96,853
84,635
119,737
62,525
63,521
53,593
121,593
47,916
385.001
347,990
519,284
248,035
363,750
261,942
286,623
293,175
(52-52)
(67-68)
(58-14)
(49-43)
$
Freight
P.
1899-00.
of oper. exp. to earns.
Deduct—
Interest on bonds
Sinking fund
Rentals leased lines
Total
53,794
79.736
32,950
57,669
79,579
32,950
61,544
79.443
1.105
64,984
78,926
8,558
166.430
181,510
170,198
77,837
152.092
109,850
152,468
140,707
1
* In January, 1895, the company paid 4 per cent dividend from the
surplus of 1893-94 and 1894-95, ana in every January sinoe then, 5
per cent, the surplus June 30, 1900, being $233,343.
BALANCE SHEET JUNE
1899.
t
$6c 1,103. The rate per ton per mile has increased from
one per cent in 1899 to 82 100 in 1900. This is owing partly to the
smaller proportion of through business this year than last, but in the
main to the greater stability in rates on Western traffic. State, municipal and revenue taxes were $917,242. an increase over the payments of 1H99 of $199,511, very neaily4 per cent on the capital stock,
and by far the largest sum ever paid on this account.
The increase in expenses is $->3S,811, being $207,708 more than the
gain in reo* iptB. Of this sum labor was paid $2K8,760. the tax gatherer took $199,^11, and the difference ($370,54r) is owing to the increased cost of materials and larger purchases in the oar department. For the elimination of level crossings $73,000 was expended
during the year and charged to separatiou-of-grade account, leaving
a credit balance of $292,000. Betterments charged to expense during
the year aggregated $30tf, 188.
The operations, earnings, charges, etc., for four years were
9,325,035
1,902,610
6vl,li7
3,267,112
867,236
1930.
of
of
3,814,025
4,124,320
1,176,280
3.63fi,?«62
2,01)0.000
B alance,
Boston & Albany RR.
78 100
3,761,190
4,291,526
1,188,853
Total earnings.
9,956,138
Operating Expenses—
Maint. of way, etc..
1,280,745
Maint. of equip't....
1,171,808
Transp. expenses...
3,956,640
General and taxes.
1,107,279
Mail, express, etc..
71, p. 133, 134.
(Report for the year ending June SO, 1900,
President William Bliss says in substance:
The earnings show a net Increase In gross receipts for the year
3.740,474
4,392,595
1,191,966
3,967,613
4,842,414
1,146,111
Passengers
Freight
Surplus*
40,214
1896-97.
$
Net earnings
(3\p.
1897-98.
1898-99.
$
Cost df road & equip.3 ,020,901
50,470
Fuel, mat. & suppl's.
934
Due from agents
Due from otn. roads 21,0 9
79.8S9
Sinking fund
3,020,737
34,819
1,498
48,640
76,6W1
F.H.&C.W.Goodye'r 196.576
16,197
Cash..
Bills receivable
34,232
Miscellaneous
'35,291
100,000
38,013
.3,429,870
3,358.589
"
Total
-V. 71. p. 287.
30.
Liabilities —
1900.
$
Capital stock
1.518,000
First mort. bonds.. .1,056,6'
Sinking fd. reserve. 501,560
Accounts payable..
950
Aud. v'ch, pay-rolls. 68.423
Ren'wal reserve fds.
9,647
Interest aud miscel.
40,968
Balance, surplus.... 233,843
Total
3.429,370
1899.
$
1,518,000
1.134,»00
421,884
999
70.500
41,160
44,384
127,732
3,358.589
Chicago & Eastern Illinois Railroad.
(Report for year ended June SO, 1900.
The report says in substance:
Operations.—The gross earnings
for the fiscal year increased over the year previous 12-38 per cent, and the
net earnings increased 11-59 per cent. Operating expenses
were 5553 per cent of the gross earnings, against 54-41 per
cent. The tons of freight carried one mile increased 13-34
as below given
per cent, and the average rate per ton per mile was 4-^3
OPERATIONS, EARNINGS, CHARGES, ETC.
The average
mills, against 4-85 mills the previous year.
1897-98.
169899.
1896-97.
1899-00.
haul per ton was 144-7 miles, against 135-5 miles. Passenger
Passengers carried. 10,302,009 10.087,380 10,663,795 11,296,337 receipts show an increase of 10 per cent. The average rate
Passenger mileage. .223,179,584 211,441,448 211,816.938 214,657,453
4,5b3,t>6'2
4,847,148
4,130,955 received per passenger per mile was 1-58 cents, against l 59
5,216,653
Freight (tons) carr'd
511,297,681
564,622,874
449,059,917
in the previous year.
Freight(ton8)lmlle.587,404,600
-
~
August
.
THE CHRONICLE.
25, 1900.]
—
Mileage. The mileage owned by the company wa3 inmiles by the purchase and completion of the
creased 62
Missouri RR., connecting with the St.
Eastern Illinois
Louis Southwestern Railway, and further by 48-38 miles by
Chicago Railthe purchase of the Evansville Terre Haute
way and by 12 62 miles by the purchase of the Indiana Block
branch 15 miles long is now being built
Coal Railroad.
from Cypress, Johnson County, 111., to Joppa, on the Ohio
River, in Maesac County, 111.
Securities, etc.— Additional capital stock has been issued,
viz. $1,237,000 preferred and Sl^S^O common, the former
at the rate of $10,000 and the latter $15,000 per mile, on the
newly acquired railroads. The purchase of the E. T. H. &
Chicago Ry. and the Indiana Block Coal RR has resulted in
a reduction of rentals of $35,500 and an increase in interest
of $59,550 per annum. The funded debt has been increased
$1,926,000, by the issue of general consolidated and first
mortgage 5 per cent bonds for the new roads acquired. The
first and second mortgage bonds of the E. T. H. & Chicago
Ry. Co., amounting to $1,100,000, have been paid off and
Eastern Illinois general consolidated
$801,000 Chicago
bonds placed on the property. The difference between the
amount realized on the latter bonds and the amount necesChicago Ry. bonds was prosary to pay off the E. T. H.
vided out of the treasury surplus.
Operations, earnings and charges are shown
Statistics.
below for four years
OPERATION AND FISCAL RESULTS.
%
&
&
A
&
&
—
1899-00.
1897-98.
1898-99.
1896-97.
711
648
648
Miles operated
648
Operations
2,796,465
3,269,958
Pass, carried, No. ..
3,488,263
3,005,456
Pass. oar. one mile. 55,466,496 50,069,579 44,797,770 44,280,693
1-58 ots.
1-53 ots.
1 59 ots.
Rateperpass. perm. 1-58 ots.
4,784,375
Fr'ght (tons) oarr'd.
5.876.261
5.538,429
4,582.668
Fr'ght (tons)oar.lm. 850.501.320 750,399,337 660,143.108 612,368,345
0-509 ots.
0485 ots. 0-512 ots.
Rate per ton per m. 0-483 cts.
—
Earnings—
$
Passengers
Freieht
Mail, express, etc.
.
Total
E XDCTISCS —
Main.of way&struo.
Malnt. of equipment
Cond. transportat'n
General expenses...
Taxes...
Total expenses..
Net earnings
Per ot.exp. to earns.
*
$
$
797.387
709,343
3,379,462
132,633
$
3,638,721
145,452
5,148,897
4,581,560
4,221,438
3,927,610
480,419
570,442
1,661,249
146,912
204,605
402.750
478,557
1,472,706
138,597
220,310
378,983
490,717
1,408.153
127,151
214,628
326,^52
430.576
1.345.877
132,226
188,884
3,063,627
2,085.270
59-50
2.712.920
1,868.640
59-22
2,619,632
1,601,806
2,423,915
l,5u3,695
62 05
6171
months only.
INCOME ACCOUNT.
1898-9.
189900.
$
$
Receipts—
Net earnings
Other inoome
2,085,270
214,889
Total
2,300,159
1897-8.
$
1.601,806
166,286
1,503,695
157,712
2,065,329
1,768,092
1,661,407
1,126,139
1,066,399
1,083,052
Rentals
...
183.648
231,567
229,651
6 p.o. on pref. stook.
349,842
849,842
289,842
Div. on com. 8tock..(4Ja)278,901(3ia)216,923(2ia)154,a45
1,002,553
241,156
289,842
Deduct—
Interest on bonds..
1,938,530
1,864,731
1,757,490 1,533,551
361,629 sur.200,598 sur.10,602 sur.127,856
in 1898-99
for additions and imand $129,205 in 1899-00.
BALANCE SHEET JUNE
30.
1900.
Assets—
1899.
30,567,413
2,748,256
328,591
308,757
324,546
190,143
366,000
696,069
Total assets
38,070,596
Liabilities—
Common stock outstanding
6,197,800
Preferred stock outstanding
5,830,700
B'ds & oar tr. notes (see Supp.)... 23, 198,703
Int., div., rentals, taxes, &o
591,945
Pay-rolls, vouchers, &c
550,376
35,799,340
35,529,775
6,197,800
5,830,700
21,135,014
592,477
405,733
1,701,072
6,197,800
5,83o,70O
21,053,h59
584,452
563,881
100,000
l,468,t43
38,070,596
35,799,340
35,529,775
Equipment fund
Income account
11 *168
"Sgk
1,3"68,051
Erie Railroad.
("Advance statement for year ending June 30, 1900.
The following is an official statement for the last
.,„
Miles operated
Av.frght. train load,
1899-00.
2,109
1898-99.
2,109
1897-98.
2.124
incl. Co.'s freigh.. 392-32 tons. 33546 tons. 312-69 tons.
Rate per ton p. mile. 0559 cts.
0-517 cts.
0-558 cts.
Gross earnings.
$38,293,032 $33,752,704 $33,740,860
Operating expenses
and taxes
28,448,605 25,169.926 25.438,038
Net
ea niings.
$9,844,427
3,582,778 $8,302,822
rv.i.
Other
income, including coal cos ..
420,108
557,576
413,368
168,027
Total net earnings
$1,017,205
Note.— There was
also charged to operating expenses instead of
capital account (but not included in this statement) $16<>,000. In
other words the actual net result, in consequence of extraordinary
items inoluded in operating expenses, was $160,000 less than here
shown, namely $857,205 instead of $1,017,205.
With the net earnings as above
new fixed charges as below
are to be contrasted the
:
Total net earnings of system for
189900
$1,017,205
Deduct—
$785,910
Interest on $26,197,000 new 3 per cents
"
on $47,000 unassented bonds of constit-
uent companies
2,540
25,000
Rentals not exceeding
Car trusts (see below)
Total charges, excluding oar trusts
(?)
813,450
Balance, surplus, excluding car trusts
$203,755
trusts outstanding on July 1, 1900,
aggregate $2,131,298, but " in order to save interest the company intends to retire all the foregoing obligations within a
The car and equipment
short time."—V. 71, p. 342, 84.
Rio Grande Southern RR.
June 30,
( Report for the year ending
1900. J
In comparison with the preceding year the report shows an
increase in gross revenue of 7 -32 per cent and in net revenue
of 3-48 per cent. The operating expenses were 53-64 per
cent of the gross receipts, as against 51*91 per cent in 1898 99.
During the year 94,213 cross ties were placed in track, about
1,000 more than in the preceding year, and 8,462 additional
ties were received and paid for.
The general condition of
the property, it is stated, was improved during the year.
The earnings and expenses, and the charges, and the balance sheet, for several years, were as follows
EARNINGS AND EXPENSES.
1899-00.
Earnings —
1898-9.
Total earnings
Expenses—
Maintenance of way
Maintenance of structures
Maintenance of equipment
Conducting transportation
General expenses
1897-8.
$
$
Freight
395,072
Passenger
... 87,903
Express, mails, miscel. and rents. 42,162
Net earnings
Per cent of operations
1896-7.
$
370,066 326,124 292,383
77,464
65,434
74,0*4
41,794
35,706
34,802
525,137
489,326
427,264
401,239'
84,336
12,673
34,273
130,855
19,524
7P.906
5,305
25.450
126,913
19,453
73.672
5,688
22,596
108,671
19,007
73,526
6,--39
18,483
110,612
20.429
281,661 254,029 229,634 229,789
243,476 235,296 197,630 171,449
51-91
53-75
57-27
to earns.. 53-64
INCOME ACCOUNT.
. . .
Net earnings
fiscal
189697.
2,125
Total net income
Less—
Taxes
Interest on funded debt
Insuranoe
Total
Surplus for year
Assets—
Road and equipment
Material and supplies
Agents and conductors.
Securities in treasury
Miscellaneous
Liabilities
—
.
$8,478,302
8,126,282
Balance, surplus $1,663,430
d\l, p, 1149.
$653,798
$633~919
$352,020
1896-7.
1,940
197.630
2.642
171.449
2,989
247,543
237,236
200,272
174,438
31,979
180,400
1,222
31,059
180,400
33,197
157,850
1,637
33,980
135,300
1,183
Vouchers
Pay-rolls
Total liabilities
1292, 1295.
30.
1899.
1898.
1897.
$
$
$
9
Capital stock
..4 ,510,000
First mort. gold bonds. ... 4 ,510,000
—V. 70, p.
1,687
1900.
9 ,306,855
Bal. to ored. of profit & loss
£8,716,190
8,082.271
1897-S.
9,020,000 9,020,000 9,020,000 9,020,000
40,339
25,167
29,550
51,708
13,385
8,481
9,766
10,872
650
650
90,928
133,700
6,208
6,202
4,935
115,020
175,320
151,173
133,217
121,398
23,332,243
$9,140,354
8.486,555
$
235,296
BALANCE SHEET JUNE
Foreign roads
Equipment renewal fund.
Accrued taxes
Acc'd int. on 1st M. bonds.
Miscellaneous
313,514
1898-9.
$
.213,603 212,642 192,684 170,967
33,941
24,594
7,588
3,471
291-09 tons.
0-596 ots.
$31,497,031
$8,164,788
1899-0.
243,476
4,067
Interest received
Total assets
$10,264,534
^
t„*
Int. „„
mx k
bonds, etc..
8,601,104
— v.
$189,945
21,918
Net earnings
Taxes
Balance
Cash
year:
4
$849,178
359,242
$
33,278,944 30,796,408
Bonds, stocks aDd other invest's.. 2,607,620
2,748,272
Sinking fund C. & E. I. RR
398,900
360,591
Sinking fund C. & W. I. RR., etc..
458,^82
345,398
Bills and accounts receivable
422.871
368,696
Materials and supplies
297,924
294,881
Cash assets
42 000
567,641
Cash
563,754
317,451
7i
Operating expenses
1898.
$
Road and equipment
-V
$952,749
Net earnings
103,570
Taxes
Balance
Kansas City Suburban Belt and constituent
$549,187
companies
Total expenses
From this balance $100,000 appropriated
al
3,166,015
note)
sur.
provements
T
:
1896-7.
1,868,640
196,689
*
follows
$4,118,763
Kansas City Southern Railway Co
Operating expenses (excluding $160,000— see
30, 1900, as
:
$
Total
389
Kansas City Southern Railway.
(Statement for year ending June 30, 1900.
The company reports its earnings for year ending June
677.262
3,115,116
135,232
877,100
4,105,620
166,177
62-5 miles of this for five
Balance
J J
J
:
26,255
18,374
10,344
42.462
16,500
90,200
4,531
78,188
9,306,855
9,238,936
S.210,180
9,452,699
4,510,000 4,510,000 4,510,000
4,510,000 4,510,000 4,510,000
21,593
13,084
25,443
14,250
14,530
15,256
6,:s74
6,538
13,578
12,723
14,631
13,993
35,972
16,979
22,159
67,650
90,200
90,200
194,206
3,507
4,478
87,268
13,974
43,227
9,238,936
9,210,180
9,452.699
Long Island Railroad.
(Statement for the year ending June 30, 1900.
Earnings for the last fiscal year, as compiled from statements to the State Railroad Commission, were as follows:
—
THE CHRONICLE.
390
1899.
1898.
Year end. June 30- 1900.
$1,557,259 $4,622,475 $4,338,194
Gross earnings
3,311,370
2,989,373
Operating expenses. 3,276,074
1897.
$3,954,886
2,737.200
$1,281,185 $1,311,105 $1,343,821 $1,217,666
Net earnings
Total net lnoome....$1.471,352 $1,473,103 $1,473,690 $1,332,510
$658,662
$824,096
$638,629
Interest on bonds... $758,198
210,794
232.084
202,957
205,865
Taxes
310.4G6
322,800
322,800
812,800
Rentals
50,384
or.1,224
73,177
72,521
Interest and dlscou't
(2)240,000
Dividends
eur.$159,493 er.$250,073 sur.$243,875 df.$137,795
Balance
—V.
—
— —
:
71, p. 182.
RAILROADS. INCLUDING STREET ROADS.
Albany & Hudson Railway & Power Co.— Power Plant.—
at Stuyvesant Falls
was put
1,
York.
payable Feb. 1 and Aug. 1 in
Of the bonds, $1,800,000 are reserved to retire the general 5s, due Mar. 1, 1927, the remainder being
applicable to the payment of the $730,000 equipment trust
and second mortgage bonds, called for payment on Aug. 1,
1900, the redemption of $1,000,000 old first consols held as
collateral for about $600,000 floating debt and future extensions and betterments. A sinking fund of one per cent of the
outstanding bonds will retire bonds annually beginning 1901,
if purchasable at or below par, but they cannot be called for
any purpose.—V. 71, p. 341.
Dayton Springfield & Urbana Electric Ry.— Bonds Offered.
Adams & Co. of Boston recently offered at 102 and
interest a limited amount of this company's $750,000 first
mortgage gold 5 per cent bonds, due Nov. 1, 1928, but with a
sinking fund of 5 per cent of gross earnings, beginning Nov.
1, 1905, to draw bonds at 110 and interest.
Entire issue may
be retired at 110 and interest after November, 1935. A circu1900, interest being
—
GENERAL INVESTMENT NEWS.
The company's power plant
Aug.
New
LXXI
[Vol.
in
operation for the first time on Aug. 18, and by Sept. 15 it is lar says
railway runs from Dayton to Springfield, Ohio, 27 miles, thence
thought the third-rail electric line from Hudson to Albany, toThe
Urbana, 14 miles. Second track, sidings, etc., will make the mile35 miles, will be in operation. The power plant, it is said, age equivalent to SO miles of single track. Rights of way outside of
will generate 12,000 volts for use as power and 22,000 volts city limits are In most cases absolutely owned by the company.
for lighting purposes in Hudson, Rensselaer, etc. The com- Within the oltles the road is double tracked with 90 and 95-lb. girder
rails; elsewhere 70 and 75-lb. T rails are used. The roadbed is in every
pany purchased and merged, in addition to electric light, way eqnal
to the best standard of steam railroads. The equipment Is
Kinderhook
old
steam
road
known
as
the
properties,
the
etc
of the most approved modern Instruction, making possible a high
of speed with safety and economy. The population served Is over
& Hudson RR., which it has rebuilt as a third-rail line and rate
150,000. The company's franchises allow It to carry freight and exV. 69, p, 743.
is extending to Albany.
press matter and it has several United States mall contracts. Stone
Albany & Schenectady Traction Co.— Incorporated.— This & Webster, the electrical experts, estimate the gross earnings at
$150,000 a year and the net at $60,000. The annual Interest charge
company has been incorporated to build a street railway, 9 is
$37,500.
miles long, from Albany to the Schenectady County line.
Between Dayton and Springfield the road has been in
Directors
include
Charles
Pfizer
Capital stock, $100,000.
from Springfield to Urbana it was
Jr., of New York City, and Jesse H. Leonard and T. E. Ker- operation since February
to
be
completed
in
full
operation by Aug. 1. A map of
and
win of Albany.
the system will be found on page 32 of our Street Railway
Atlanta Railway & Power Co.— Mortgage.— The company Supplement.— V.
70, p, 632.
has filed its new mortgage to the Mercantile Tru3t & Deposit
Delaware & Hudson— Albany & Susquehanna— New York
The total authorized is
Co. of Baltimore, as trustee.
Earnings of the D.
$6,000,000, but the present issue w,ill be only $5,000,000, the & Canada— Rensselaer & Saratoga
balance being held by the trustee for future acquirements, H. leased lines in New York State for the six months ending
under strict provisions. The mortgage, it is stated, covers June 30 were
Alb, & Susq.
Item.
N. T. & Can.
Sar.
all the property of the Atlanta Railway & Power Co. and
6 months—
190
1899.
1900.
1899.
1900.
1899.
the Atlanta Railway Co. The "Atlanta Constitution" says
Gross
$2,311,881
$2,029,451
$516,141
$147,449 $1,186,911 $1,108,235
J 51,277
Net
1,198.831
827,581
173,303
328.044
277,474
This Is evidently the consummation of the plan formulated last Charges
685.858
180,745
812,394
619,5^7
177,285
895.683
year, but which ™as hold up by the case of the State against the com- Ualance
8Ur.677.084 sur.241.72tt def.10,439 deM9/>08 def.280,350 def.318,089
pany, wbloh suit sought to prevent the oonsolidatlnn of the Consol- -V. 70, p. 996.
idated Street Railway Co. and the Atlanta Railway Co. under the
Fort Worth & Rio (xrande Ry. Earnings for fiscal year.
name of the Atlanta Railway & Power Co. That suit having been decided by the Supreme Court In favor of the defendant company, the The following comparative statement for the year ending
consolidation Is now complete and the mortgage is placed on record.
June 30 has been furnished U3
The extensions of the Atlanta Railway & Power Co. are to go to the
Tear—
Gross.
Net.
Interest.
Taxes.
Surplus.
Chattahooohee River and Marietta to the new prison site and to Lake$184,406
$11,931
$87,690
$84,736
wood. The new 10,000 horse power and lighting station is nearing 1899-1900. ...$481,147
267,236
88,120
10,459
163,717
completion. The new station Itself will be In working order by next 1898-1899.... 556,413
January. The steam-heat pipes are also nearly all laid and will be -V. 70, p. 280.
ready for use during the coming winter.
Grand Trunk Ry.—Six Months' Statement.—Subject to
The 12,500,000 of bonds issued by the Atlanta Consolidated audit, the results of the accounts for the half-year ending
Street Railway Co. in 1899 will be redeemed.—V. 71, p. 287, June 30, 1900, are cabled as follows
Gross
Net
Balance,
mos. ending
Net
Ad181.
earnings.
earnings,
charges.
vances.
surplus.
June 30—
Boston & Albany RR. Meeting Sept. 26 to act on Lease.
1900 (est.). ...£2,139,000 £697,000 £431,300 £53,700 £152,000
special meeting of the stockholders has been called for 1899 (act.)... 1.983.2L7
684.973
489,775
58,794
136,401
Sept. 26 at 11:45 a. M. in Boston to take final action on the
From the surplu3 as above in 1899, together with the ballease of the road to the New York Central. A Boston paper ance of £3,900 remaining Dae. 31, 1899, the company has
says: "Although there has been no official notice to thin declared the full dividend for the half-year on the four per
effect, it is still the understanding that the road will be cent guaranteed stock (£104,396), and also, as announced
turned over to the Central on Oit. 1. Up to the present time last week, a dividend of one and one-half per cent on the
there has been no change in the relations of the properties first preferred stock (£51,300), leaving a balance of about
since the Act was passed by the Legislature." For the last £200 to be carried forward. The full dividend on the guarannual report, see a preceding page. V. 71, p. 287, 235.
anteed stock was also paid last year, but only one per cent on
Boston & Maine RR.— Authorized.— The unanimous vote the preferred stock, leaving a balance in 1899 of £2,053.
of 139,642 shares was cast on Thursday in favor of the V. 71, p. 311, 84.
purchase of the Central Massachusetts RR. V. 71, p. 338,
Hartford Street Ry.— Bonds Over-Subscribed.—The allot340.
ments of the new 4 per cent bonds were made on Aug. 22.
Central RR. of New Jersey.— Coal Bonds still in Treasury. The amount offered was largely over-subscribed by the stockOf the $12,175,000 extended 4)^ per cent guaranteed bonds holders at 103.— V. 71, p. 29.
Wilkesbarre Coal Co., which were recently
of the Lehigh
Iron Range & Huron Bay RR.— Dismantled.— This road,
listed on the New York Stock Exchange, $6,116,000, we learn, built seven or eight years ago from Champion, Mich., to
although listed are still {held in the treasury of the Central Huron Bay, a distance of 62 miles, but never operated, it is
RR. of New Jersey as available assets. V. 71, p. 340, 28.
ata'ed, is being dismantled.
Central Vermont Ry. Bonds.— See Montreal
ProvKansas City Fort Scott & Memphis RR.— Officers.—
ince Line below.— V. 70, p. 1248.
Nathaniel Thayer of Boston has been elected Vice President
Chicago Burlington & (Juiucy RR.— Called Bonds.— and General Manager of the Kansas City Fort Scott &
BirmingNinety-five ($95,000) 4 per cent bonds, due Sept. 1, 1921, have Memphis and also of the Kansas City Memphis
been drawn for payment, and will be purchased at par on ham. President E. S. Washburn, who has also been General
presentation to the New England Trust Co. in Boston on Manager, relinquishes the latter position because of illSept. 1, from which date interest will cease. V. 71, p. 181.
health.— V. 71, p. 285, 287.
Chicago Greenville & Southern Ry.—Sold.— An exchange
Kansas City Southern Railway Co.— Listed.— The New
says this road was recently sold at public auction at Green- York S x>ck Exchange has placed on the regular list the
ville, 111., for unpaid taxes amounting to $4,500, and was $26,197,000 3 per cent first mortgage fifty year gold coupon
bought by H, W. Park, of Greenville, for $2,655. The road bonds of 1950, the $21,000,000 4 per cent non-cumulative preconsists of 5 miles of track from Durley to Greenville, and ferred stock voting trust certificates and the $29,993,500 comhas been operated under lease by the Jacksonville & St. mon stock voting trust certificates, A statement of earnings
Louis. It is thought that the purchaser represented the is given on page 389.— V. 71, p. 312, 81.
bondholders.
Los Angeles Terminal Ry.— Reported Purchase, Etc.—
Choctaw Oklahoma & Gulf RR.— Bonds Listed in Phila- A press dispatch from Los Angeles says that it is learned
delphia.— The Philadelphia Stock Exchange has listed $322,- from an authoritative source that W. A. Clark of Montana
000 additional 5 per cent bonds of 1894 issued on constrnction has purchased a one-half interest in this company and that
account, making total listed to date $1,988,000 of the author- there is talk of extending the road to San Bernardino and
ized issue of $5,500,000.— V. 70, p. 340.
thence towards Salt L ike City.
:
,
—
;
—
,
>
&
—
,
,
,
,
<fc
>.
:
—
:
:
—
A
—
—
—
&
—
—
&
&
—
r
Cleveland Akron
& Columbus Ry.— New Bonds.—The new
consolidated 4 per cent mortgage to the Commercial
Trust Co. of Philadelphia, as trustee, is made to secure $4,000,000 of 4 per cent 40-year gold bonds ($1,001 each), dated
first
Montreal
& Province Line Ry.— Bonds.— The
stock-
holders will vote at Montreal Sept. 12 on a motion to issue
The road extends from St. Lambert to
$2v)0,O00 bonds.
Farnham, Que., 32 miles, and from Marieville to St. Cesaire,
—
——
August
Que
THE CHRONICLE.
25, 1900.]
8-6 miles,
and has been operated under
lease
exchange for the " Greater Seaboard Air Line"
organization certificates. The bonds are represented by
bond pool certificates and the common and preferred stocks
by voting trust certificates. V. 71, p. 843, 183.
Southern Pacific Co.—Mr. Huntington's Stock.—The will
of Collis P. Huntington, which was made public yesterday,
gives to Mrs. Huntington two- thirds and to Henry Edwards
Huntington one-third of his holdings of Southern Pacific
stock, subject to the condition that no part thereof shall be
disposed of during the life of either Mrs. Huntington or
Henry Edwards Huntington, except with the consent of both
such legatees or the survivor of them.— V. 71, p. 85.
Velasco Terminal Ry. Co.— Safe.— The sale is advertised
for Sept. 4 at Angleton, Brazoria County, Tex. The upset
price for the 22 miles of railroad and the telegraph line is
The property, which includes also land, is sold to
$50,000.
satisfy judgments rendered in the case of Wm. H. Coolidge,
trustee, against the company, viz.:
Vermont Ry— V. 70, p. 1248.
Oregon Railroad & Navigation Co.—Purchase.— The company has purchased the Ilwaco Railway & Navigation Com-
—
pany's property, including the railroad 16 miles in length
from Ilwaco to Nabcotta, Wash.— V. 71, p. 233.
Pittsburg Fort Wayne & Chicago Ry.— Listed— The New
York Stock Exchange has listed $1,002,700 additional guaranteed special stock, making the total amount listed $21,69, p. 1346.
Pittsburg & Western Terminal RR.— Incorporated.—This
company has been incorporated, with $100,000 capital stock,
&
Western, to build terminals near Pittsburg, Pa., including a line to connect Neville Island. J. L.
Kirk of Glenshaw is President.
Pittsburg & Western Ry.— Payment for Preferred Stock.
—Holders of certificates issued by the Knickerbocker Trust
Co. against shares of preferred stock are notified to present
their certificates properly indorsed and witnessed to the
Trust Company for redemption. Each share of such preferred stock is entitled to receive $12 37^ less cost of revenue
stamps for stock transfers.
Opportunity to Participate in Sale.— Notice is given
that the shares of preferred stock which have not already
been deposited with the Knickerbocker Trust Co. will be
permitted to participate in the benefit of the recent contract
of sale, provided that they are deposited with said trust company within thirty days from Aug. 22, the assessment of 25
cents per $50 share to be paid at the time of such deposit.
Western Terminal RR.
Terminal Line.— See Pittsburg
below.- V. 71, p. 288, 183.
The
Quebec & Lake St. John Hj.— Reorganization.
printed plan of reorganization is now at hand, confirming
the advance statement with reference to the refunding of the
£780,000 main line bonds, and giving further particulars
regarding the proposed consolidation of the main line and
the Chicoutimi branch, as authorized on July 5 by the holders of certificates representing first mortgage 5 per cent
bonds deposited with the London committee. The consolidation plan contemplates the issuance of the following:
Sterling prior lien 4 per cent bonds, to be secured on the entire
by the Pittsburg
391
securities in
by the
Central
323.900.-V.
:
For Coolidge, trustee, $18,798: J. M. Moore and J. H. Shepard,
trustees, $400,000; Int. & Great Nor. RR., $5,536; receiver's certificates, aggregating $30,467; miscellaneous, $170; costs, etc.,
$7,080—V. 71, p. 237.
West End Traction Co. of Pittsburg.— Purchase Price.—
The Pittsburg " Gazette" quotes M. K. McMullin as saying
that his purchase embraces nearly the entire issue of $2,500,000 preferred stock, taken at its par value of $50 a share, and
the same amount of common at $35 a share. The stock not
acquired, it is stated, aggregates only about $100,000, and is
widely scattered.— V. 71, p. 343.
Wheeling & Lake Erie RR. Listed in London.—The
London Stock Exchange has admitted to quotations on the
official list $7,529,000 first consolidated mortgage 4 per cent
gold bonds of 1949, $3,855,200 first preferred stock, $10,427,600
second preferred stock and $19,000,000 common stock.
Bonds Exchanged must be Canceled. It seems that under
the terms of the new 4 per cent mortgage all underlying
bonds, as exchanged, must be canceled. This, of course, improves greatly the lien of the remaining underlying bonds.
The amount of bonds exchanged was shown in V. 71, p.
&
—
—
183, 179.
INDUSTRIAL. GAS AND MISCELLANEOUS.
—
undertaking, the right being reserved, subject to sanction of the
American Bicycle Co. Option to Subscribe. The comQuebec Legislature, to increase the amount from £170,000 to £200,000.' Present authorized Issue
£170,000 pany's stockholders are given the option to subscribe till
New 20-year mortgage bonds to carry interest at the rate of 3 per Sept. 4 to 11,500 shares ($1,150,000) of Rubber Goods Manucent per annum for the first three years, 4 per cent for the next two facturing Co. preferred stock and 23,000 shares ($2,300,000) of
years and 5 per cent thereafter until date of maturity. The bonds to common stock, on the basis of one share of preferred and two
be dated Jan. l, 1900, and the first half-year's coupon to be paid on shares of common stock for $140. The Rubber Goods Comcompletion of the scheme of reconstruction. Total authorized by Aot
£497,315 pany has agreed with the Bicycle Company to redeem this
of Parliament
442,400 preferred stock at par by Nov. 9, 1901. President Coleman
Of this will be required to carry out plan
461,500 of the American Bicycle Co. save
Or if modification be adopted
Six per cent non-cumulative twenty years' income bonds, interest payWe sold our rubber plants to the Rubber Goods Manufacturing Co.
able out of the net profits after payment of the interest on the prior because we secured a price that made the sale desirable. Part of the
lien and first mortgage issues. Total authorized by Act of Parlia- payment was made in cash and part in stocks which we are now
.£601,206 offering to our stockholders. The Rubber Goods Manufacturing Co.
ment
640,381 is obliged to redeem the preferred stock whioh we took in part payTo carry out plan would require
601,206 ment by Nov. 9, 1901, at par, while it has guaranteed to pay 4 per
But if modification be adopted
annually, or the equivalent, on the 23,000 shares of common
The terms of exchange of the old bonds, with overdue cent
stock for a period of five years, the guaranty being subject to concoupons all attached, for the new securities follow:
ditions upon transfer of the stock.
The affairs of the company are in very satisfactory oondition. We
Will receive.
have made many changes in operation, especially in the direction of
Income
1st mort.
concentration of manufacture, and we have also taken up the automobile
Each £100 of Principal of—
Total.
bonds.
bonds.
business in an extensive though in a very conservative way. We beMain line 1st M. bonds (£7'8O.O00).. £50
£110
£60
lieve that there is an almost unlimited field for the right sort of autoChicoutimi Branch 1st M. bonds.
$1,020,000 (about £209,600)
£82 5s. £107 58. mobile. We are already making a full line of eleotrio carriages at our
£25
(Or suggested modification) ..about £34 2s
£97 14s. Indianapolis plant. At Toledo we have turned the Lozier bicycle
£63 12s.
over to the manufacture of steam wagons; and we are also mak
The suggested modification as regards the Chicoutimi plant
ing motor tricycles at Toledo; while at the Western Wheel Works we
branch bonds is for the purpose of avoiding the necessity of are making the Lawson tricyle. At the Gormully & Jeffery faotory
additional legislation. It is proposed to place 51 per cent of we are turning out high-speed gasoline carriages of large size. To
the stock in trust for a series of years, and to use the voting provide more working capital we have offered the rubber goods stock
now in our treasury to our stockholders, though we could under the
trust certificates issued against the same as a bonus to facil- contraot make more money by holding it than we shall at first receive
itate the sale of the prior lien bonds.
These last will pro- from its sale, we can use the money to better advantage in extending
vide the capital required for heavier rails, improving grades, our business.
It is understood that stock not subscribed for by the stockstrengthening bridges and for new equipment, and also for
holders will be taken by the directors. The properties sold
the retirement of existing prior
as follows : Mort,
>
charges
gages on Quebec terminals, £25,000; interest charge, £1,350;
lolling stock obligations, £8,C00; interest charge, £500; payment on principal, £1,500; total prior annual charges, £3,350.
V. 71, p. 183.
Rochester & Sodus Bay (Electric) Ry.— Formally Opened.
This new electric road running from Rochester to Sodus
Bay, N. Y., 82 miles of track, was formally opened on Aug.
22.
The capital stock authorized is $1,000,000; bonds $1 ,000,T. J. Nicoll is President, C. Van Voorhis Secretary
000.
and J. H. Gregory Treasurer, all of Rochester.
St. Johns & Lake Eustis RR.— Bonds.— The mortgage recently filed, it seems, is dated July 1, 1897, and due July 1,
1922, the bonds being gold 4s (interest J. & J.) issued at
$10,000 per mile on the 49-1 miles of road extending from
Astor to Leeeburg in Lake County, Fla., and Fort Mason to
Lane Park in said county, and any extension thereof. The
total issue is limited to $500,000.— V. 71, p. 288.
St. Joseph & Grand Island Ry.— Advance in Price of Stock.
sharp advance in the price of the company's stock has been
accompanied this week by suggestions that the road is about
to pass into the control of the Chicago Burlington & Quincy.
No authority is mentioned for any such expectation, but it
may perhaps be significant that the Kansas City & Omaha,
long an allied property, has. we understand, already been
acquired by the C. B, & Q.— V. 71, p. 233, 183.
Seaboard Air Line Ry.— New Securities Ready.— The Continental Trust Co., Baltimore, Md., is now issuing the new
—
—
—A
Rubber Goods Company by the Bicycle Company
include the properties and patents of the Hartford Rubber
Works, the Peoria Rubber
Manufacturing Co., the Indianapolis Rubber Co. and the rubber business of Gormully
to the
&
Jeffery Manufacturing Co.,
&
Chicago.— V.
70, p. 684.
—
American Linseed. Expenditures. President Major is
quoted as follows: "The directors have decided to rebuild
the Great Eastern Elevator at Buffalo, which was destroyed
by fire shortly after we acquired control. The plans provide
for a 2,000,030-bushel elevator to be built of steel. In New
York the company
also
proposes
to
increase greatly
its
marine equipment by building two new lighters and four
barges. The proposed improvements will cost in the neighborhood of $600,000."
Next Meeting in September, 1901.— President Major says:
"There will be no meeting of stockholders in September this
year, as many believe. The next stockholders' meeting will
be held in September, 1901; this practically puts to rest
all talk of a dividend on common stock for the present."
V.
—
70, p. 344, 234.
American Walthain Watch Co.—Extra Dividend.—The
company has declared a semi-annual dividend of 4 per cent
and 2 per cent extra, payable Sept. 15 to stock of record
Aug. 28. The last dividend was 4 per cent, paid last March.
-V.
70, p. 738.
Office.— Hereafter the Real
Estate Trust Co. of Philadelphia will be the company's sole
transfer agent.— V. 70, p. 843.
Bay State Gas Co.— Transfer
—
—— —
THE CHRONICLE
392
Boston Tow Boat Co.— New Stock.— Stockholders of record
Aug. 21 are offered the privilege until Sept. 15 of subscribing
at par for one share of new stock (par $100) for every four
shares held by them, payment to be made in 25 per cent instalments, the first with the subscription, the others Jan. 1,
April 1 and July 1, 1901. The proceeds, it is stated, will be
used to build a new steamer, etc. This issue will increase
the capital stock to $1,250,000.
Extra Dividend.—The company has just paid an extra
dividend of 5 per cent from accumulated earnings. The annual rate since 1892 has been 6 per cent per annum— \%
Q
—
[Vol.
benture scrip, redeemable at par on sixty days' notice, to be
issued in amounts of $25 or any multiple thereof. The scrip
is issued to discharge floating debt created for improvements, etc. The issue of this scrip will not interfere with
the dividends, now on a basis of 5 per cent per annum, on the
$400,000 stock. There are also outstanding $850,000 of first
mortgage
6s
due Apr.
1, 1926.
Municipal Gas Co. of Chicago.— Neiv Project.—This company was licensed at Springfield, 111., on Thursday with a
capital of $500,000.
The incorporators are all employed in
the office of John S. Miller, the attorney for the corporation.
J.
Chesapeake & Ohio Fuel Co.—Injunction Against Combine.—Judge A. C. Thompson in the United States District
Court at Cincinnati on August 16 sustained the indictment
against the company for violation of the Anti- Trust Act, and
The Court holds that the
granted a restraining order.
agreement entered into with the other companies concerned
was illegal, since eliminating competition between the members in restraint of inter- State trade.
the agreement were
The other
parties to
:
Carver Bros., M. T. Davis & Co.. Macon Coal Co.. Montgomery
Coal Co., Chesapeake Mining Co., Belmont Coal Co., Kanawha Splint Coal Co.,
Kobinson Coal Co., Lane Creek Coal & Coke Co., Big Black Band Coal Co. and
Brabbin Coal Co.
St. Clair Co.,
The companies are producers and shippers of coal and coke
in the counties of Fayette and Kanawha, W. Va.
& Wilmington
Coal Co.— Mortgage.—
111., a mortgage for
§100,000 in favor of the New England Trust Co. of Boston as
trustee on 13,407 acres of land in Illinois, of which 1,688 acres
are located in Sangamon County.
Cuban Steel Ore Co.— Voting Trust.— Stockholders are invited to deposit their stock with the Girard Trust Co. of
Philadelphia, under the terms of a voting trust agreement.
Certificates of beneficial interest will be issued. The voting
Evans R. Dick, Edgar C. Felton and
trustees will be
Henry Tatnall. The right to deposit will expire on Sept.
15, 1900, after which stock will only be received under such
terms as the voting trustees may elect. The agreement
Chicago Vermillion
The company has
filed
at Springfield,
LXXI
—
National Lead Co. Guaranteed Bonds. The report is confirmed that the St. Louis Smelting & Refining Co. has filed
a mortgage to secure $1,000,000 guaranteed 5-20 year 5 per
cent bonds. An official says:
The bonds have not been sold and may not be sold. In the last annual report reference was made to Dew work that was in progress
which would become productive this year. The expenditures on that
account were included in the item of "other investments." The property
in St. Francis County was purchased three years ago and the works
that have been put there are the largest of the kind in the world. The
National Lead Co. considers the property to be among the most valuable that it owns.— V. 71. p. 345; V. 70, p. 326.
—
Co. Organized. The organization of
consolidated company was completed at Oswego,
N. Y., on Aug. 18 the following officers being elected: President, William F. Piel Jr., New York; Vice-Presidents, T. P.
Kingsford, Oswego, and Wm. H. C. Coles, New York; Secretary and Treasurer, J. D. Higgins, New York; Chairman of
board, Joy Morton. The operations of the company, it is
stated, were made to date from Aug. 1.
About 90 per cent
of the starch business of the United States is said to be done
by its plants. The securities to be issued at present by the
new company are, we are informed, approximately as follows:
National Starch
this
new
Preferred stock, 6 p. c. cumulative...
Common stook
Debentures, 5 p. o. gold, due in 1925
$3,658,000
4,900,000
4,000,000
:
Total
$12,558,000
The new certificates will be ready for delivery in a few
weeks. The first six months' interest on the new bonds is
payable Jan. 1, 1901. For the underlying securities, etc., see
gives the voting trustees power to sell the stock de-.
posited to the Pennsylvania Steel Co. on the basis of $10 for Investors' Supplement, page 163. —V. 70, p. 948.
the preferred anu $7 50 for the common stock of the Cuban
National Tnbe Co. Directors. At the annual meeting on
new company, it is said, may perhaps
Company stock.
Aug.
20 the retiring board of directors was elected with the
and
be organized to take over both the Pennsylvauia Steel
the Cuban Steel Ore companies, and possibly other concerns exception that J. R. De Lamar and John D. Culbertson were
interested in Cuban mines. "Philadelphia News Bureau" says: chosen in place of Jonathan Rowland and O. C. Barber. (See
The Cuban Steel Ore Co. owns two groups of mines near the harbor V. 70, p. 746.)— V. 71, p. 240, 235.
of Chirivico, 45 miles west of Santiago. A railway (covering two
New England Gas & Coke Co.—Increase <i Output.—The
bridges and a viaduct) from the mine to the coast, 5 miles, is now
being completed. A new pier 500 feet long is also being constructed. company, it is stated, has recently increased its output of gas
It is expected this construction work will be completed by the last of from 3,500,000 feet per day to about 4,000,000 feet, the DorSeptember and that the mine will be operated by the first of next chester Company receiving of this about 600,000 feet daily,
year. It is anticipated that this mine will have a capacity of nearly
500,000 tons per annum, but its shipping capacity will not take care the Brookline Company 1,500,000, the Jamaica Plain Co.
225,000 and the Boston Gaslight Co. 1,500,000. The company
of so large an output, at least not in the first year.
The Pennsylvania Steel Co. holds a half interest in the Juragua is producing about 1,100 tons of coke daily, of which there
of
which
has
group
six
mineB
a
Iron Co. (capital, $1,500,000,)
Maine 600 tons per day, the Fitchburg
about 25 miles east of Satiago. The other half is owned by the goes to the Boston
recently acquired a 100 tons per day and the Boston
Juragua
Company
has
Albany 150 tons per day.
Bethlehem Iron Co. The
new mining property, called the Felton, near the Juragua group. The —V. 70, p. 1294.
0,000 tons per
prosent output of the Juragua mines is around
month, about 10,000 tons of which goes to the Bethlehem Company,
New York & East River Ferry Co.— Dividend Increased.
being shipped via Philadelphia over the Reading KR, The capacity of
quarterly dividend of \% per cent has been declared,
at
tons
per
annum.
estimated
400,000
the Juragua mines is
payable Sept. 15. This is at the rate of 6 per cent per anIn case of the formation of a new company to take over both num, as against 5 per cent paid formerly.
the Pennsylvania Steel and the Cuban Steel Ore companies,
New York Suburban Water Co. Foreclosure.—The Atlanthe understanding is that the Cuban Steel Ore stockholders
begun an action in the Supreme Court for
will get $7 50 for the common shares in new common stock tic Trust Co. has
of
this company's mortgage, under which
foreclosure
the
and $10 for the preferred in new 7 per cent preferred stock.
are outstanding; the Morton Trust Co.
bonds
$1,187,500
1097.
—V. 70, p.
has begun an action against the Mamaroneck Water Co. to
Distilling Co. of America. Suit.— At Trenton, N. J., on foreclose that company's mortgage securing
$208,000 bonds,
Aug. 17, Henry I. Dittman of New York and Kahlman Haas of which $101,000 owned by the Suburban Company. The
of San Francisco, as minority stockholders in the Kentucky reorganization plan in V.
70, p. 587, having been accepted by
Warehouse Co., brought suit in the Court of
Distilleries
a large majority of the bondholders, the foreclosure proceedChancery to dissolve the Distilling Co. of America. The ings are brought by the readjustment committee to carry it
complainants own $40,000 stock and claim to represent $635,- into effect. No receiver has been appointed.—
V. 70. p. 587.
500 stock in the Kentucky Company. They charge the DisIron
&
Steel
New
Scotia
Project.—
This comCo.Nova
tilling Co. of America with fraud and with being a monopoly
against public policy. As about 95 per cent of the capital pany, incorporated by the Nova Scotian Legislature with
stock of the Kentucky Company is owned by the Distilling §20,000,000 of authorized capital stock, it is stated, is comCompany, the officials of the latter attach no importance to pleting arrangements to acquire the coal properties of the
General Mining Association at Cape Breton, N. S. The prothe suit.—V. 71, p. 184.
ject includes the erection of great iron and steel works at
Lake Superior Copper Mines.—Production. The "Boston North Sydney, near the mouth of the bay, on which the
News Bureau" gives the actual figures of production of works of the Dominion Iron Steel Co, are being built. It
refined copper in pounds by the Lake Superior mines for is expected that the new company will also take over the
1899, compared witu 1898 and 1897 as follows:
iron and steel works of the Nova Scotia Steel Co. at New
1899.
1898.
1897.
Glasgow and Ferrona, coal and iron lands in Pictou and ore
Lbs.
Lbs.
Lbs.
deposits on Bell Island, Newfoundland. John F. Stairs of
86,426,320
89,610,963
83,248,054
Calumet and Hecla
Halifax and Graham Fisher of New Glasgow, N. S., are in18,565,602
19,660,480
20,222,529
Tamarack
14,301,1*2
16,354.061
16,924,618 terested.
Quincy
12 682,297
11,358,049
11,201,103
Osceola
Pacific States (Bell) Telephone & Telegraph Co.— Con4,675,882
4,397,339
5,109,663
Atlantic
4,588,114
4,500,373
2,316,296 solidation.— The proposed consolidation under this title of
Wolverine
2,623,702
1,230,000
2,908,384 the several Bell licensees operating in California, Oregon,
Franklin
763,911
152,320
Arnold.
Washington, Nevada, Idaho and Arizona has either just been
730,240
672,000
Centennial
consummated or is about to go into effect. The authorized
621,336
42,766
Baltic
500,000
Arcadian
capital stock of the consolidated company is $15,000,000, of
42,800
65,250 which $10,000,000, it is stated, is issued in exchange for the
Mass
291,339
614,891
Central
50,000
75,000
91,798 shares of the companies merged, and $5,000,000 is reserved
Miscellaneous.
for extensions and improvements. The companies taking
146,950,338
147,965,738
142,702,586 part in the consolidation are: The Sunset Telephone
Totals
TeleTelegraph Co., The OreMadison (Wis.) Gas & Electric Co.—Debenture Scrip.— graph Co., The Pacific Telephone
Telegraph Co. and The Inland Telephone
The stockholders will be allowed to subscribe pro rata at 80 gon Telephone
for an issue of $100,000 10-year gold registered 6 per cent de- Telegraph Co.—V. 70, p. 999.
—
A
&
&
<
—A
&
—
&
,
&
&
&
&
——
August
Pan-American Exposition Co. of Buffalo.— Bonds Offered.
$955,000 of its mortgage
bonds. The total issue is $2,500,000, of which $1,545,000
have been taken by the banks and trust comDanies of Buffalo.
The principal of the bonds is payable on Jan. 1, 1902. The
bonds bear interest from July 1, 1900, at the rate of 6 per
cent per annum, payable semi-annually. A circular says
:
The bonds are seoured by a mortgage on all of the property, rights,
and contracts of the company, covering all of its income
and revenues after the openlog of the Exposition on May 1, 1901,
from admissions, concessions and every other source. The only limprivileges
itations are that out of the revenues the sum of $25,000 per month is
reserved during the continuanoe of the Exposition for expenses of
administration, and such further sums as it may be necessary to
expend in the Interests of the exposition and the holders of the bonds
as may be approved by Messrs. George V. Formao, President of the
Fidelity Trust & Guaranty Co. of Buffalo; Elliot C. MoDougal, President of the Bank of Buffalo; Stephen M. Clement, President of the
Marine Bank of Buffalo, and Robert L. Fryer, Vice-President of the
Manufacturers' & Traders' Bank of Buffalo, representing the bondholders. The Trustee of the mortgage is the Fidelity Trust & Guaranty
Co. of Buffalo.
estimated that the stock subscriptions, etc., will yield
$1,900,000, making, with the proceeds of the bonds, $4,400,000
available for the production of the Exposition. The paid
admissions, it is claimed, should number at least 7,500,000,
on which basis they would yield $3,750,000 concessions,
$1,500,000, miscellaneous, $50,000; total, $5,300,000, which
amount, if realized, will meet not only all expenses, including
principal and interest of the bonds, but yield a profit to the
stockholders.— V. 71, p. 290.
It is
;
Parsons (Eans.) Water
& Gas Co.—New Stock.— The com
pany,
it is stated, has increased its capital stock from $200,000 to $300,000.
Pennsylvania Steel Co. Possible Purchase or Consolidation.— See Caban Steel Ore Co. above.— V. 70, p. 1253.
Philadelphia Electric Co.— Purchase of Collateral 4s.—
Regarding the recent call for an instalment on the stock, the
" Philadelphia News Bureau " says:
We have it from official sources that the real purpose was to buy in
$2,000,000 of the 4 per cent bonds practically all of the amount required has been purchased in the open market. The buying started
la at about 63, and the purchases were limited by the board of directors to, we understand, about present prices, around 70. For
about $1,300,000, at say an average cost of 6«, the company gets In
$2,000,000 (par value) of its bonds, and thereby saves 6 per cent interest on the money, or $80,000 per annum. The bonds will be placed
in the treasury, but not oanceled, and they can then be used for collateral should a loan be needed at some future time.
The balance of about $1,250,000 of the $2,500,000 called from
stockholders will be used as cash-working capital, and will place the
company in ample funds for this purpose.— V. 71, p. 346, 239.
;
& Whitney
—
Co.
of stockholders to act
Meeting Adjourned.— The meeting
on the proposed alliance with the
Niles-Bement-Pond Co. has been again adjourned, this time
until Sept. 20, owing, it is said, to the difficulty in getting a
full representation of the stock.
V. 71, p. 185, 139.
—
&
Price, McCorniick
Co.—Sale.—The sale at auction of the
firm's holdings of securities took place on Wednesday, the
trustees being the purchasers of a portion of the stocks
offered.
The prices obtained are given under the heading
—
:
THE CHRONICLE.
25, 1900.]
—The company offers to the public
Pratt
—
—
393
and over $30,000 in oash to pay the floating debt held by the dl
The Standard Company later learned that the debts of the
Bay State Co. exceeded $50,000 and refused to make further cash payment until the debt matter had been adjusted. The case relative to
the annulling of the agreement will be heard in New York in September.-V. 70, p. 1053.
reotors.
Superior Water Light & Power Co. of West Superior—
Reorganization. — V. M. Watkins and Kenneth Clark of St.
Paul and E. C. Way of Chicago have prepared a plan for the
reorganization of the company, and the refunding of its 6
per cent bonds, due in 1919, into new first mortgage bonds
and income bonds. The total authorized issue of the present
loan is $5,000,000, but only $1,325,000 are outstanding,
and on these the coupons due from Nov., 1898, to
May, 1900, were funded in 1898 into 4 per cent scrip.
The Central Trust Company is mortgage trustee. The
capital stock is $1,000,000. The company is a Wisconsin
corporation formed in 1889 by consolidation of the Superior
Water Works Co., the Superior Light & Fuel Co., the SuDuluth Electric Co. and the Superior Arc Light
perior
Power Co. The company supplies water, electricity and gas.
&
&
Texas Railroad Commission.— New Circular.
—The Texas
Railroad Commission on Aug. 17 withdrew its circular of
Aug. 6 and the later circular postponing from Aug. 8 to
Sept. 1 the date for the prescribed reduction of 25 per cent in
the rates of Texas railroads on a long list of articles, and
issued a new circular ordering a reduction of 20 per cent in
a large number of commodities' applying only to certain
points on the Texas & Pacific, the Sherman Shreveport
Southern (M. K. & T.) and the St. Louis Southwestern.
V. 71, p. 183.
United Fruit Co. New Stock. Stockholders of record
Aug. 22 have the privilege of subscribing at the Old Colony
Trust Co., Boston, till 2 p.m. Aug. 31 for $1,123,000 new stock
on the basis of 10 per cent of their present holdings, payments
to be made in four instalments of 25 per cent each on or before the following dates Sept. 19, Oct. 19, Nov. 19 and Dec.
19.
President Preston says in substance
"The net earnings for 11 months of the present fiscal year (partially
estimated) are $2,000,000, whioh, considering the drawbacks Incident
to the first year's operations, would seem to warrant increased earnings for the future.
It will therefore be the polioy of your board to
continue our present dividend rate of 10 per cent per annum on the
&
—
:
increased capital, the surplus being used to retire the two-year notes
due Oot. 1, 1901, and for the further development of the properties.
The proceeds of the present issue of stock will reimburse the treasury
for sums expended from current earnings, and with other receipts
will enable the company to pay off all of the $1,750,000 one- year notes
due Oct. l, 1900, and will leave a larg« balance of cash on hand.
" The construction of one of the most efficient modern sugar mills in
Cuba, with a capacity for the treatment of 1,500 tons of cane per day,
and the bringing to maturity of 7,500 acres of cane ready for treatment in January, 1901, created the necessity of an expenditure of
nearly $l,Oi 0,000 in order to secure the profits ot the coming season.
As the sugar-cane crop will alternate in season with our banana output at Banes, Cuba, the company felt the necessity of making this
investment so as to utilize the property at Banes for the whole 12
months of the vear. In addition extensive improvements have been
made in Costa Rica, In connection with the banana industry of that
country."
The new issue will increase the outstanding capital stock
to $12,353,000.— V. 70, p. 799.
United Shoe Machinery Co. New Office.—The company
moved its main offices in Boston to the first and second
Rubber Goods Manufacturing Co.—Sale of Stock- Agree- floors of the new Shoe & Leather Building, where the headment.— See American Bicycle Co. above.— V. 71, p. 239
quarters of the several constituent companies also are conSonthern Mining Co.— Reorganization Plan.—The reor- centrated.— V. 70, p. 1194.
ganization committee consisting of Joel Hurt, R. T. Dorsey
United States Flour Milling Co.—Subscriptions payable
and Clifford L. Anderson in a circular ascribe the unprofita- Sept.
The reorganization committee gives notice to hold4.
bleness of the enterprise— two years' interest on the bonds
ers of first mortgage bonds and of the preferred and common
being in default— to the lack of capital for necessary repairs.
stock
stock
They propose, therefore, the organization of a new company, under that the cash subscriptions to the new bonds and
the plan adopted are called, payable on or before Tuesor the use of one of the companies controlled, to buy and
day, Sept. 4. All subscriptions are to be made to the Metroequip the properties, its $500,000 capital stock to be sold at par
politan Trust Co., and interest at 5 per cent will be adjusted
as far as possible to present security holders. For the purto the date of the new bonds.—V. 71, p. 346, 239.
pose of paying subscriptions the $75,000 first preference bonds
Yicksburg (Miss.) Water-works Co. New Company in
will be received at par and accrued interest.
The $500,000
Possession. The new company, it is stated, has taken over the
first mortgage bonds, if accompanied by an equal amount of
stock, will be received at 25 per cent of tneir face value management of the property. The officers are A. D. Grant,
(without allowance for over-due interest), otherwise at such of St. Louis, President; Albert N. Edwards, St. Louis, Vicerate as the committee shall determine, not exceeding 25 per President; M. O. Crumpler, Secretary and General Manager.
V. 71, p. 290.
cent. The estimated cost of the properties free from incumbrance is $250,000; repairs and equipment, $175,000; reorganVirginia Iron Coal & Coke Co.— Mortgage.— The company
ization expenses, $25,000; working capital, $50,0<'0; total re- has made a mortgage for $700,000 to the Morton Trust Co., as
quirement, $500,000.
The assets embrace $350,000 stock and trustee, to secure promissory notes issued, it is stated, for
$272,000 bonds of the Dade Coal Co., $2<)0,G00 stock of the working capital. The notes are dated July 26, 1900, bear 6
Castle Coal Rock Co., $200,000 stock and $130,000 bonds of per cent interest, and are due Feb. 1, 1901. V. 70, p. 1000.
the Walker Iron & Coal Co., $200,000 stock of the Georgia
Iron & Coal Co. and $50,000 stock of the Bartow Iron &
The American Cotton Oil Co. has received notification
Manganese Co.—V. 71, p. 346.
from its representative in Paris that the management of the
Standard Carbide Gas Co. of New York City— Consolida- Paris Exposition have awarded to it the Grand Prix d'Hontion.-G. M. Hathaway & Co., 19 & 21 Park Row, New York, neur for its exhibit,
which comprised the whole series of
referring to a proof of the item printed last week, write as cottonseed products, beginning with the seed and running
follows under date of Aug. 17: Replying to your favor of through
the several brands of refined oils, both yellow and
Aug. 14th, would say that the slip which you enclose is prac- white, cottonseed stearines, soap, soap powders, and includtically correct, except the name "C. H. Finot," which should
ing the laundry soaps and Copco and Fairy toilet and bath
be "Chas. H. Twist."— V. 71, p. 346.
soaps and other soaps made by the N. K. Fairbank Co.
Standard Shoe Machinery Co.
Writ of Replevin.—
—An interesting circular on the St. Paul system has jost
Edmund A. Whitman, counsel for the company, says :
been issued by Granger Farwell & Co., of Chicago. The
The Standard Shoe Maohinery Co. has brought suit In equity to set circular furnishes, with other matter, elaborate statistical
aside tne writ of replevin held by the Bay
State Sewing Maohine Co
tables, exhibiting in graphic form the strength of the road s
to recover its machines, now in the
possession of the former company
±tx6 facts are as follows: The Bay
State Sewing Maohine Co. people sold position.
an us stock for $400,000 in preferred and $400,000 in common stock
—Wolf Bros. & Co., of 608 & 610 Chestnut St., Philadelor tne Btandard Company, with
the proviso that the Standard Com*?e floating debt of the oompany, guaranteed not to exceed phia, have issued a circular letter regarding the Hocking
*au,uuu. The Bay State Company has reoeived its payment In stock Valley Railway and its preferred stock.
" Auction Sales " on page 375.—V. 71,
p. 290,
139.
has
—
—
—
—
—
—
S™W
THE CHRONICLE.
394
jepxrrts
[Vol.
LXXI,
nn& ^otummis.
THE DENVER & RIO GRANDE RAILROAD COMPANY.
FOURTEENTH ANNUAL REPORT—FOR THE FISCAL YEAR ENDING JUNE
To
the Stockholders of The
Denver
& Rio Grande
Railroad
Company :
The income
of your Company from all sources during the
fiscal year ended 30th June, 1900, excluding accretions to
the Renewal Fund, but including $113,683 54 interest on securities outside of that fund, was $10,359,763 43, an increase
of $979,188 62 compared with the previous year. The gross
receipts from the operation of the railroad were $10,246,079 89, being an increase of $975,832 27. The operating expenses were $6,485,839 47, an increase of $775,488 76. The
net earnings from traffic were $3,760,240 42, being $200,343 51 more than for the previous fiscal year. The increase
in gross receipts from traffic was 10-53 per cent, in expenses
13'58 per cent and in net earnings 5*63 per cent. After providing for interest on funded debt, taxes, insurance and
rentals of leased lines; also two semi-annual dividends of 2
per cent each upon the preferred stock, and contributions of
$60,000 00 to the Renewal Fund and $120,000 00 to the special
fund established for meeting the expenses of converting the
outstanding 7 per cent bonds, as explained in the annual report of 30th June, 1898, there remained a surplus of $368,461 96, from which $130,161 05 was appropriated for the purchase of ten locomotives, leaving $238,300 91 to be carried to
the credit of Profit and Loss. For detailed information you
are referred to the tables and statistics prepared by the
Comptroller and the Auditor, and submitted herewith for
your information.
By
referring to the statement of securities owned 30th
June, 1900 (page 395 of this issue), it will be seen that there
were in the treasury bonds and stocks aggregating at par
$5,444,370 00, appearing on the books at $1,711,157 63, and~ in
addition there were in the Special Renewal Fund securities
at par and cash $359,724 13, the book value of which is $257.830 38, the total par value of all being $5,804,094 13.
The increase of business made it necessary to provide additional standard-gauge equipment, for which purpose 600
Rio Grande Southern First Mortgage 4 Per Cent Gold Bonds,
being a part of the treasury assets, were sold, as is hereinafter explained. To furnish funds for completing the work
of standard-gauging between La Veta and Alamosa, 505
Denver & Rio Grande Railroad Company's 5 Per Cent Improvement Mortgage Bonds of $500 each, which had been
purchased for and formed a part of the investments in the
Special Renewal Fund, were disposed of. A satisfactory
profit was made in the sales of these securities, which in
the one case was credited to Profit and Loss and in the other
to the fund named.
These transactions will explain the decrease in the securities in the treasury and also the decrease in the securities
in the Special Renewal Fund when compared with the figures given in the annual report for the year ended 30th June,
1899.
The unpaid vouchers at the close of the fiscal year,
payable in the usual course of business during the succeeding month, amounted to $213,651 64, being less than the
amount audited for the month of June.
At the annual meeting of the shareholders in October,
1899, a committee was appointed, in accordance with a provision in the by-laws, to select a person of experience and
standing to examine the accounts and verify them if found
satisfactory. The committee believed it wise to again secure, if possible, the services of Mr. Warren G. Purdy, President of the Chicago Rock Island & Pacific Railway Company,
because of his familiarity with the affairs of the Company.
Mr. Purdy reluctantly complied with the request of your
committee, and after a careful examination in Denver of
the books and accounts, verified them. His certificate is
hereinafter submitted for your information.
For the fiscal year covered by this report the revenues
from freight traffic were $7,651,643 23, agains t$6,96l,804 26
for the preceding vear, and the passenger revenues were
To move the increased
additional standard-gauge locomotives and freight
cars were required, and for the accommodation of the traveling public a dining car service, similar to that upon other
lines of railway, had grown to be a necessity. Your Directors gave careful consideration to formulating a plan for
providing money for these and for future requirements, and
concluded that the 1,000 additional standard-gauge freight
cars needed, together with the greater portion of the cost
of the dining cars, should be paid for out of the treasury
assets which had been accumulated gradually from Income
during the last nine years. The 10 additional standardgauge locomotives needed they decided should be paid for
out of current income. As your Company owns a majority
of the capital stock of the Rio Grande Southern Railroad
Company and had in its treasury and in its Special Renewal
$1,776,759 87 against $1,494,478 65.
traffic,
Fund
$2,277,000 Rio Grande Southern 4 Per Cent First
Mortgage Gold Bonds, the market value of which would be
materially enhanced by the guarantee of your company, it
was decided to recommend to the shareholders the guaranteeing of these bonds, both principal and interest, and a let-
30, 1900.
was addressed to the shareholders, setting forth the
reasons therefor.
special meeting of the shareholders of
your Company to act upon this subject was held in Denver
on 15th May, 1900, at which about 75 per cent of the share3
was represented, and voted unanimously for the plan recommended by your Directors, thus making available, in a substantial manner, for present requirements and future necessities, the bonds mentioned.
Subsequently 600 of them
were sold, and the proceeds applied as hereinbefore stated.
The expenditures for these important additions to equipment were, in brief, as follows:
Ten locomotives, costing $130,161 05, were paid for out of
current income.
One thousand freight cars, costing $521,714 20, and $36,691 35 of the cost of four dining cars were paid for mainly
out of the proceeds of the Rio Grande Southern bonds, and
these two amounts were charged direct to Profit and
Loss. The balance of the cost of the dining cars, $9,355 24,
was paid for out of the Equipment Renewal Fund and
ter
A
charged thereto.
The
were beyond the expectations of your
and the indications are that the fiscal year just
entered upon will equal and perhaps exceed the results set
forth in this report. All interests and industries in Colorado are more active and prosperous than ever before, and
there is warrant for renewing the hopeful views expressed
traffic receipts
Directors,
in the last
annual report.
The operation expenses were $775,488 76 more than in the
previous year, of which $464,754 21 was in Conducting
Transportation, due to the greater volume of traffic to be
handled and transported, which also necessitated an increase of $245,316 18 in Maintenance of Equipment. The
standard-gauge main line was further strengthened by laying 7,944 tons of new 85-pound steel rails, which released
second hand 65- pound and 52- pound rails for use in standardgauging part of the narrow-gauge system hereinbefore
mentioned and the reasons for which were explained a year
ago. More than 200 miles of the standard-gauge main tracks,
where the traffic is heaviest, are now laid with 85- pound
The fixed and rolling plant, aside from the imsteel rails.
portant additions mentioned, were not only fully maintained, but much improved, as is evident from the facts and
figures submitted, although the motive power, both standard
and narrow-gauge, has been taxed to its capacity. One old
and useless narrow-gauge engine was taken to pieces, three
too light for economical use were sold, and one too small for
standard-gauge was changed into a narrow-gauge freight
the requirements of the Inter-State C*mstandard-gauge cars have been provided
with automatic couplers, and all engines and cars of every
description are equipped with air-brakes. The greater portion of the expense of applying automatic couplers was incurred during the year covered by this report and was
charged to Operation Expenses.
The work of standard- gauging from La Veta to Alamosa,
about 61 miles, was completed late last autumn, when the
The results justify the change
line was opened for traffic.
of gauge and the expenditure incurred, which was about
Under
engine.
merce
Law
all
$513,000.
it may be well to state that Alamosa is the central point
of the narrow-gauge system in the San Luis Valley. From
thence a main line extends two hundred miles to Durango,
with a branch 124 miles long from Antonito to Santa Fe.
A narrow-gauge branch runs from Alamosa to Creede, a
distance of 70 miles, and another branch runs north from
Alamosa 75 miles to a coanection with the main line of the
Third Division at a point about 10 miles west of Salida. The
San Luis Valley is increasing in population and farm products, and it may be desirable to extend the standard gauge
from Alamosa to Creede, and also south 29 miles to Antonito.
and perhaps north 55 miles to Villa Grove. This improvement will, if made, cost but little more than would be expended when heavy second-hand rails are laid in place of
the light rails now in use on these narrow-gauge lines. As
stated in former reports, the policy is to place new 85 pound
rails on standard- gauge main lines and thus provide secondhand 65-pound and 52 pound rails for the requirements of
the narrow-gauge system. The cost of laying them standard instead of narrow gauge will be but little more in the
San Luis Valley, where the country traversed is almost
If these changes of gauge are made in future years
level.
the cattle and sheep and the products of the farms and mills
can then be moved from all important points in the val'ey
to destination on the lines of connecting railways without
transfer from narrow to standard-gauge cars, and the cars
of other companies can be taken to stations in the valley,
thus also avoiding transfer of lading.
In the annual report for the year ended 30th June. 1S<i^.
explanations were made of the arrangement for refunding
the 7 Per Cent First Mortgage Bonds amounting to $6, 892,500 00, which will mature on the first of November. 1900.
2
August
:
.
THE CHRONICLE.
25, 1900.J
Your Directors tben stated that they believed it prudent to
prepare for refunding them at a lower rate of interest and
that they had decided, after careful deliberation, upon
bonds bearing interest at i% per cent per annum, and that
a contract had been entered into with responsible parties
for refunding on that basis. Up to the 30th of June, 1900,
$4,795,000 00 of bonds had been exchanged, leaving $1,587,500 00 outstanding, for the payment of which at maturity, if
not exchanged before then, provision was made in the contract referred to. The expenses of the conversion as explained a year ago, are being met by a contribution of $10,000 00 per month to a special fund created for the purpose
,
in
May,
1898.
The earnings of the Company on traffic to and from the
Rio Grande Southern Railroad during the fiscal year were
$429,457 76, against $396,694 90 for the year ended 30th June,
1899.
The gross income of the Rio Grande Southern from
all sources was $529,204 57, an increase of $37,940 09 compared with the previous year. The net revenue afforded a
surplus of $33,940 55, after providing for interest on funded
debt, taxes, insurance and other charges against Income.
For further information regarding operation of the Rio
Grande Southern you are respectfully referred to the annual
report of that Company.
Cordial acknowledgment is again made of the zeal and
loyalty of the officers and employes generally and of their
efforts to promote the interests of the Company.
By order of the Board of Directors,
E. T. JEFFERY,
President.
Denver, Colorado,
August 14th, 1900.
&
Rio Grande Railroad
New York, August
—
Co.,
11, 1900.
my
newal Fund and Bond Conversion Fund Accounts during
the fiscal year then ended, together with Comparative Bal-
Summary
is
the report of the Auditor, exhibiting in
Earnings and Expenses, and other
formation, from the records of the
Very
period.
respectfully,
G.
PURDY,
Company
statistical in-
for the
same
is
accounted for as follows
Stockholders.
:
increase of assets.
Construction of Branches
Rto Grande Pagosa & Northern RR. Co
Bond Conversion
Materials and Supplies
$24,770 06
37,108 43
118,050 01
52,563 64
66,517 36
800 00
468 81
30,588 20
Agents and Conductors
Pueblo Union Depot Sinking Fund
Sundries
Cash
(to
be invested) Special Renewal
,
Fund
Total Inorease of Assets
of its financial operations outside of
its Income Account, based on such comparison, and Tabular
Statement of Securities owned by the Company at that
date, arranged in the order named.
Annexed hereto
sum
This
I beg to present herewith
report of the
financial condition June 30, 1900, consisting of
the adjustments made in the General Profit and Loss, Re-
detail the
Very
On Behalf of the
Company's
ance Sheet,
Company:
In compliance with the request of the Committee appointed at the Annual Meeting of the Stockholders of The
Denver & Rio Grande Railroad Company, held at Denver,
Colorado, October 17, 1899, I have the honor to report that
I have examined the books and accounts of your Company
for the fiscal year ending June 30, 1900, and find the ttatements of accounts set forth in the Annual Report for that
year to be as therein shown in detail.
I find the General Balance Sheet, Statements of Earnings
and Expenditures, and the Income Account to be true, full
and explicit, and that those and the various statistical reports therein given are correct in each detail and are as
shown by the records and accounts of the Company.
It affords me great pleasure to certify that each recurring
annual examination of the accounts of The Denver & Rio
Grande Railroad Company made by me gives additional
evidence of the watchful care and able management exercised by the President and other .officers of the Company,
and I desire to express my appreciation of the ready and
valuable co-operation of the President and Accouting Officers in the examination which I have just concluded.
S
E. T. Jepfery, President
Sir
To
Denver, Colo., August 13, 1900.
Denver & Rio Giande Railroad
the Stockholders of Tlie
W.
The Denver
Dear
CERTIFICATE OF THE EXAMINING AUDITOR SELECTED BY THE STOCKHOLDERS UNDER ARTICLE 13 OF THE BY-LAWS OF THE COMPANY.
)
REPORT OF THE COMPTROLLER.
Mr.
395
First
$330,866 51
DECREASE OF LIABILITIES.
Mortgage 7 percent Bonds
$70,000 00
19 6,060 4
953 65
3,298 46
Vouchers
Express Money Orders
Traffic Balances
First Mort. 7 per cent Bonds, Coupons due and unpaid..
First Mort. 7 per cent Bonds, Interest accrued but not due.
1,225 00
816 66
9,842 35
Sundries
Dividends on Preferred Capital Stock
192 00
respectfully,
STEPHEN
Total Decrease of Liabilities
LITrLE,
Comptroller.
GENERAL PROFIT AND LOSS ACCOUNT.
(Adjustments therein June 30, 1899, to June 30, 1900.)
Cr.
Dr.
By Balanoe Surplus June 30,1899
$2,301,50520
By Surplus for the year ended June 30,
1900, as per Income Acoount (page 396)
238,300 91
By Profit on Securities sold in excess of
their book value
144 724 10
To oost of 1,000 Standard-Gauge Freight]
Car8
•-"
_
$521,714 20
To part cost of Four Standar-dGauge
Dining Cars..
36,691 35
To Adjustments during he year
By Balanoe
at
$282,388 52
,
decrease of renewal' fund.
Credit of Renewal Fund,
June 30, 1899
By Balance at Credit of Renewal Fund,
June 30, 1900
$264,790 57
148,340 01
$116,450 56
Decrease for the year
decrease of profit and
loss.
(As per Comparative Balanoe Sheet, page 19.)
By Balance at Credit of Proflt and Loss,
June £0, 1899
$2,301,505 20
By Balance at Credit of Proflt and Loss,
June 30, 1900
2,125,709 45
Deorease for the year
$175,795 75
Grand Total accounted for
$905,50134
t
to the debit of Profit
_ direct.
and
loss
Lees adjusmentsior same pe-
$6,506 91
STATEMENT OF SECURITIES OWNED BY THE COMPANY
JUNE 30, 1900.
rlod to credit of Proflt and
Loss direct
6,091 70
,
67
$2,684,530 21 $2,684,530 21
By Balance
at credit of Proflt and Loss
)900, aa per Comparative
Balance Sheet (page 396)
June
30,
$2,125,709 45
•SUMMARY OF FINANCIAL OPERATIONS
OF the Denver & Rio Grande Railroad Company-, from june
1899, to
June 30, 1900, Odtside of Its Income account. Resources to be Accounted for, Thus:
30.
decrease of assets.
8tate and
0ash
In General Fund.
Face Value.
& Rio Grande RR. Co.
First Consol. Mort. 4% Bonds
of $1,C00 each
$67,00000
33 Denver & Rio Grande RR. Co.
Impt. Mort. 5% Bonds of $500
each
16,500 00
1,411 Rio Grande Southern RR. Co.
First Mort. 4% Bonds of $1,000
each
1,411,000 00
22,556 Shares Rio Grande Southern RR.
Co. Capital Stock, face value
$100per share
2,255,60000
3,750 Shares Rio Grande & Santa Fe
RR. Co. Capital Stock, face
value $100 per share
375,000 00
12,1111s Shares Rio Grande Junction Ry.
Co. Capital Stock, face value
-ATo.
415 21
2,125,709 45
m„
d
To Balance
County Warrants
—
.
$750 00
91,329 43
$100pershare.
1
Total Decrease of Assets
t
I1
80lidated
Pay RoU s
?
rw
r™ c
ivr^rt
increase of liabilities.
Mort« a 8 e * *» Pe* cent Bonds
Bonds! coupons
""""»•
Coupons due
uue ana
unpaia..
and "unpaid.".'
°- Bon d». Coupons due and unpaid..
Imn'tM„;^ p **,?•
nd8
°Coupons due and unpaid
Ea&nm«nt
Jl
Renewal? Fund
a™ p ™>PS*
Accrued
Taxes
Accrued Rental of Leased Un^/^~.::::""::~//".":
T?iv«t
Fif-St
1
'
;' 7-.*'
•
tH'
*•"
"•
'
'
'
$723,003~00
$70,000 C
1.350
1,637
2.123
10373
20;305
vv
00
00
50
16
49
97
$182,498 34
Grand Total
$905,501 34
be accounted for
16,500 00
919,366 63
225,560 00
217,500 00
.1,211,150C0
170,11100
100,C00 00
87,000 00
8,120 00
8,120 00
6% Bonds
Shares Capital dtock of the Pue-
blo Union Depot & RR. Co.,
face value $100 per share
$5,444,370 00 $1,711,157 63
In Special Renewal Fund.
266 Rio Grande Southern RR. Co.
First Mort. 4% Bonds of $1,000
„ .„
each
$266,00000 $172,900 00
58 Denver & Rio Grande RR. Co.
.
i,ouu
,600
1
Total Inorease of Liabilities
to
$67,000 00
Rio Grande Gunnisen Ry. Co.
First Mort.
81 1-5
Book Value.
Denver
First Consol. Mort.
4% Bonds
(56of $1,000 each and 2 of $500
each)
Cash
(to
be invested). .„
Total amount
57,000 00
36,724 13
48.206 25
36,724 13
$359,724 13
$257,830 38
.$5,804,094 13 $1,968,988 01
.
.
THE CHRONICLE.
396
[Vol. LXXI,
REPORT OF THE AUDITOR.
& Rio Grande RR. Co.
Denver, Colorado, August 6,
The Denver
INCOME ACCOUNT
,
For the Fiscal Year Ended June
1900.
Mr. Stephen Little, Comptroller.
Dear Sir- I beg to transmit herewith the tabular statements showing the operations, financial and statistical, of
the Company's lines for the fiscal year ended June 30, 1900.
Yours respectfully,
E. R.
MURPHY,
Auditor.
30, 1900.
$ 10J,246,079 ??
6.485.839 47
63 30%
3,760,240 42
Gross Earnings from Operations
Operating Expenses
Percentage of Operation
Net Earnings from Operation
Add Income from
Interest on Securities
113.683 54
$3,873,923 »«
Owned
Total Net Income
Less—
STATEMENT OF EARNING8 AND EXPENSES.
For the Fiscal Year Ended June
Compared with Year Ended
Earnings—
30, 1900.
June 30, 1899.
Increase.
1898-99.
1899-00.
Freight
$7,651,643 23 $6,961,804 26 $689,838 97
PaBsenger
1,776,759 87 1,494,478 65 282.28122
Express, Mails, Miscellaneand Rents
813,964 71
3,712 08
817,676 79
ous
$1 0.246,079 8 9 $9.270,247 62 $975.832 27
Total Earnings
Maintenance of Way
$1,144,574 08 $1,107,636 22 $36,937 86
12.035 34
Maintenance of Structures.
236,643 85
224,608 51
Maintenanceof Equipment.
935,359 99
690,043 81 245,316 18
Conducting Transportation 3,733,975 44 3,269.221 23 464,754 21
Express
8,64170
144,13299
135.49129
General
291.153 12
283,349 65
7,803 47
$6.4«5.839 47 $5,710.350 71 $775,488 76
Total Expenses
Percentage of Operation...
Net Earnings
61-60
63*30
Preferred Capital Stock, viz.:
No. 17, of 2 per cent, payable January 15, 1900. $473,000 00
No. 18, of 2 per cent, pay473,00000
able July 16, 1900
Renewal Fund
Bond Conversion Fund..
$946,000 00
$60,000 00
120,000 00
.
1,126,000 00
180,000 00
$368,461 96
Balance
From whioh was appropriated
'
for the purchase of ten
130,161 05
Standard-Gauge Locomotives
Remaining Surplus carried to oredit of
$238.3<'Q91
and Loss.
Profit
30. 1900.
LIABILITIES.
ASSETS.
By Capital Stook, Common
$83,984,952 86
8,081,061 60
9,174,697 07
Betterments
$1,494,461 96
There was also set aside for
BALANCE SHEET JUNE
of Road
Construction of Branches
2,379,462 00
Surplus for the Year
Being an Increase of $157,732 65 over
surplus of previous year, out of which
were declared two dividends on the
(10)
$3,760.240 42 $3,559,896 91 $200,343 51
To Original Cost
$1,882,106 19
340,331 77
17,195 17
20,718 65
119,110 22
on Funded Debt
Taxes
Insurance
Interest, Discount and Exchange
Rental of Leased Lines
Interest
Rio Grande Pagosa & Northern RR. Co
Equipment
Express Equipment
Real Estate
Materials and Supplies
Agents and Conductors
Individuals and Companies
U. S. Government
_
State and County Warrants
Securities in the Treasury
Special Renewal Fund (Invest, of Renewal Fund)
$38,000,000 00
23,650,000 00
Capital Stock, Preferred
53
43
12
00
26
64
79
39
35
3.331 97
1,711,157 63
257,830 38
$101,240,711
37,108
4,135,141
50,000
25,062
553.7P0
316,759
193,852
52,233
Bond Conversion-
$61,650,000 00
$1,587,500 00
1st Mortgage 7 per cent Bonds
1st Con. Mortgage 4 per cent Bonds 28,717,000 00
4,795,000 00
1st Con. Mort. 4^ per cent Bonds.
Improvement Mort. 5 per
o.
Bonds.
8,120,000 00
43,219.500 00
213.P51 64
456,041 79
Vouchers
Pay
Rolls
52,35417
00
Accrued Interest on Bonds
Bond Coupons
Accrued Taxes
Accrued Rental of Leased Lines
Express Money Orders
712,035
168 599
30.805
22,039
99.014
42,269
473,020
31,187
Balances
Sundries
Dividends on Preferred Capital Stook.
Trafflo
Cost to date of converting 7 per
cent bonds into 4 ^ per cent bonds
Less amount provided therefor
out of income
473,251 59
Equipment Renewal Fund
260,000 00
_^__^_
213 251 59
Pueblo Union Depot Sinking Fund
8,000 00
1,716 66
644,621 21
Sundries
Cash
Total Liabilities
Renewal Fund
By Balance at Credit of Profit
and
Iioss
LIABILITIES,
JUNE
30, 1900.
LIABILITIES.
ASSETS.
Cash
Materials and Supplies on hand
State and County Warrants (face value).
Agents' and Conductors' balances due and in transit
Pueblo Union Depot Sinking Fund
D. & R. G. RR. Co 1 st Cons. Mort. 4% Bonds in Treasury.
D.
R. G. RR. Co. Imp't. Mort. 5% Bonds in Treasury.R. G. So. RR. Co. First Mort. 4% Bonds In Treasury
R. G. Gunnison Ry. Co. First Mort. r>% Bond in Treasury.
R. G. So. RR. Co. Capital Stook in Treasury
Rio G. & Santa Fe RR. Co. Capital Stook in Treasury
Pueblo U. D. & RR. Co. Capital Stook in Treasury
R. G. Junot Ry. Co. Capital Stock In Treasury
Sundries
&
Accounts Collectible
U. 8. Government
Individuals and Companies
$644,621 21
553,790 64
3,331
316,759
8.000
67,000
16,500
919,366
87,000
225,f>60
217,500
8,120
170,111
1,716
97
79
00
00
00
$2i 3.651 64
_456.041_ 9
Vouchers
PayR °U8
!
Coupons First Mort. 7% Bonds
Coupons First Cons. Mort. 4% Bonds
Coupons First Cons. Mort. 4Lj% bonds
Coupons Imp't. Mort. 5% Bonds
00
00
00
00
00
66
Accrued Interest on First Mort. 7% Bonds..
Aocrued Interest on Imp't. Mort. 5% Bonds.
581,010 00
108,067 50
19,03750
712,035 00
18,520 84
33,833 33
52,354 17
473,020 00
22,03-* 78
99,014 35
168.599 82
30,80o 97
31,187 58
4 2.269 39
Dividends on Preferred Capital Stook
Express Money Orders
Trafflo Balances
Accrued Taxes
Accrued Rental of Leased Lines
Equipment Renewal Fund
$52,233 35
193,852 39
246,085 74
$669>69343
3,920 00
63
:
Special'Renewal Fund
$107,170.519 49
14
*'?i°.?l
2,125, /09 45
$109,444,568 95
$109,444,568 95
CURRENT ASSETS AND
82
97
78
35
39
00
58
Sundries
:
Representing the Invest, of Renewal Fund
and consistingof the following securities:
D. & R. G. First Cons Mort. 4% Bonds.. .. $48,206 25
R. G. So. RR Co. First Mort. 4% Bonds... 172,900 00
Cash (to be invested)
36,724 13
$2,301,019 49
Total Current Liabilities
Balance Current Assets in excess of Current
Liabilities
1,442,274 53
257,830 38
$3,743,294 02
$3,743,294 02
STATEMENT OF APPLICATION OF NET INCOME AND RECEIPTS FROM ALL OTHER SOURCE8,
Showing par value
From July 12, 1886, to June 30, 1900,
of securities sold, and including in expenditures the discount thereon.
RECEIPTS FROM ALL SOURCES.
Assets in Excess of Liabilities July 12,
J 886. from Receiver of old company.
Reo'd from Reorganization Committee:
Capital Stook, Common
Capital Stook, Preferred
Cash
Con. Mort. 4 per cent Bonds Issued
Impt. Mort. 5 per cent Bonds issued
Renewal Fund provided from Income.
Less amount expended for StandardGauging Line La Veta to Alamosa.
Surplus June 30, 1900.
EXPENDITURES.
$516,480 20
Construction of Branches
Rio Grande Pagosa & No. RR. Co
Betterments— Gross charges thereto.... $10,350,467 33
1,175,770 26
Less Amount provided from Inoome.
3,358,891 02
$4,135,141 12
Equipment, as per Balanoe Sheet
Less Amount acquired from the old
2,7 35,27 5 92
company
$219,050 00
2,034,792 00
1,105,049 02
$6,142,000 00
8,120;000 00
14,262,000 00
$661,364 32
513,024 31
148.340 01
2,125,709 45
$20,411,420 68
Express Equipment
—
Real Estate
Bond Conversion
Balanoe Current Assets in Excess of
Current Liabilities
$8,031,061 60
37,108 43
9,174,697 07
1,399,865
50,000
13,162
213,261
20
00
26
59
1,442,274 53
$20,411, J 20 69
August
THE CHRONICLE.
35, 1900.]
397
CLEVELAND CINCINNATI CHICAGO & ST LOUIS RAILWAY COMPANY.
ELEVENTH ANNUAL REPORT— FOR THE FISCAL YEAR ENDING JUNE
fiscal year ending June 30, 1900, the gross
earnings of the C. C. C. & St. L. Ry. Co. proper have
$16,806.850 87
been..:.
11,749,263 79
Operating expenses, Including taxes
For the
Net earnings
Interest and rentals
$5,057,587 08
2,866,538 43
Leavinga balance to credit of income of
Deducting from this four quarterly dividends of 1*4 per cent each on the pre-
$2,191,048 65
of
l^ percent eaoh on
839,839 65—1,339,839 65
$851,209 00
Leaves a surplus of
To which add sundry balances account,
interest, dis-
count, exchange for the year
Making a
82,934 18
$934,143 18
total surplus of
Deducting amount due on Pullman contract (2,000 cars)
$821,566 34
19,376 40—
And sundry old claims
Leaves a balance for the yearof
Which added to the income account of the previous
840,942 74
$93,200 44
1,029,442 76
year
Makes a balance to be carried forward
of
$1,122,643 20
The mileage of main track from which these earnings
were derived has been increased during the year 53 "91
miles, bv taking into the accounts the operations of the
Louisville extension, which hitherto have been kept separately.
The Mt. Gilead Short Line (2 miles in length), operated
by this Company, earned, gross, $4,590 71, an increase of
$285 37 compared with the previous year, the operating expenses were $4,676 32; showing a loss for the year of $85*61,
against a loss of $1,806 65 for the previous year.
The Kankakee
Seneca Railroad (42'08 miles in length),
operated jointly for account of this Company and the Chicago Rock Island & Pacific Railway, earned, gross, $108,450 78; operating expenses were $95,132 16; net earnings,
$13,318 62, against $17,767 33 last year.
The Peoria & Eastern Railway, from Springfield, Ohio, to
Peoria, 111. (352 miles in length), earned, gross, $2,356,416 38;
operating expenses, $1,568,259 91; net earnings, $788,156 47;
fixed charges, $442,500; showing a surplus of $345,656 47, as
against a surplus of $12,469 01 last year.
The above lines make a total mileage of track on all the
system operated and controlled by this Company, including
double track and sidings, of 3,259-48 miles. The total gross
earnings of the entire system have been $19,276,308 74,
an increase of $2,551,815 19; net earnings, $5,858,976 56,
an increase of $1,315,369 45 compared with the previous
&
year.
The number
of tons of freight carried one mile shows an
increase of 9'3 per cent; the revenue from freight an increase of 17-8 per cent; the average receipts per ton per
mile increasing from 5-41 mills to 5*83. The average trainload was larger, the average number of tons in each freight
train increasing from 305 to 335, and the earnings of freight
trains from $1 65 to $1 95 per mile.
The number of passengers carried one mile shows an increase of 4*12 per cent, and the revenue 9*6 per cent; the
average rate per passenger per mile increasing from 1 "841
cents to 1*938 cents.
The passenger train earnings per
mile were $1 1605 as against $1*0942 the previous year. The
passenger train mileage increased 105,937 miles.
The increase in freight earnings for the year was $1,640,963 19; of this increase $858,900 84 was due to increased tonnage and $782,067 35 to increased rate.
The passenger earnings show an increase of $408,187 62,
of which $174,940 61 was due to increased business and
$233,247 01 to increased rate.
These 6gures show how important it is to secure fair rates.
We stated in the
last report that there was an improvement
maintenance of tariffs, and we are glad to' be able to
say that this improvement has continued during the year
and has aided materially in the good results exhibited
in the
herein.
The increase in expenses
is almost entirely in conducting
transportation and maintenance of equipment. The two
largest items of the increase in conducting transportation
are "fuel for locomotives," which has largely increased on
account of the increased cost of coal, and "loss and damage," due to the burning of the Company's freight depot in
Cincinnati in October last, and to the loss of the Terre
Haute bridge and a train of freight cars from the washingout of one of the abutments. These two accidents could
not have been prevented bv any ordinary foresight and cost
the Company over $125,000'.
The increased cost of maintaining the equipment is due
to the purchase of new freight cars and charging the same
to expenses, and the construction of a large number at the
„
,
increase in the mamtenance-otway charges, owing to the large expenditures of the previous year. 15*57 miles of side-track have been constructed
for the purpose of passing-tracks or commercial sidings,
and charged to expenses; $6,032 has been charged for new
interlocking; $7,805 for the purchase of land at various
points on the road for the use of the Company.
The Company owned at the close of the year 447 locomotives, 384 passenger cars and 15,666 freight cars.
91 miles of 80-pound steel rail have been laid, replacing
56-pound rail, the difference in cost having gone into expenses. 497,000 yards of ballast were distributed over 261
miles of track. 2,286 lineal feet of trestle and wooden
boxes were replaced with permanent structures.
It will be seen by these statements and a careful perusal
of the annexed accounts, to which your attention is invited, that the Company has more than maintained its
property during the year. No charges whatever have been
made to construction for any expenditures upon either
roadbed or equipment.
After charging to expenses the extraordinary amounts
herein alluded to for repairs, it will be seen that the Company had a net income of $5,057,587 08. Interest and rentals
show a slight decrease from the previous year, on account
of the refunding of a portion of the debt, so that after
charging out the same, there was a balance to the credit
of income of $2,191,048 65. From this was deducted the
usual 5 per cent dividend upon the preferred stock and
two dividends of 1% per cent each on the common stock,
leaving a surplus of $851,209; to this was added balances of
sundrv accounts of $82,934 18; making a surplus after all
charges for expenses, interest and dividends, of $934,143 18.
Your Directors had previously purchased 2,000 freight cars
There has been but
the
1900.
shops, 870 freight cars, costing about $470,000, having been
purchased or built during the year and charged directly to
expenses.
,.*..
lThe Company also completed the application of automatic
of
Act
the
with
couplers to its equipment, in acordance
Two
$100,000.
nearly
of
year
for
the
Congress, at a cost
new dining cars were purchased for the use of the passenger department and charged to cost of maintaining
the passenger equipment. Sixteen new freight locomoto
tives, at a cost of $258,000, were purchased and charged
repairs.
$500.000 00
ferred stock
And 2 dividends
oommon stock
30,
little
Company, payable in instalments
series of years, and it was the intention as these
instalments fell due to charge the same to operating expenses, but as the Company had had an extraordinarily good
year, it seemed conservative to them to charge off the remaining amount due on these cars to the income account,
and thus relieve future years from any charge for the
same; therefore, $821,566 34, the balance due, was charged
to the income account, and the surplus, $93,200 44, brought
from the
through a
Pullman
forward.
During the year, $4,500,000 of the 4 per cent mortgage
bonds of the Company have been sold and the proceeds ap
m
the
of the $3,000,000 loan alluded to
of
purpose
the
for
made
previous report as having been
plied to the
payment
off bonds which fell due, and the balance carried
into the funds of the treasury for general use.
The Peoria
Eastern Railway has also had a successful
year, and, in addition to earning its fixed charges and interest upon the debt due this Company, has been able to
reduce the principal of that debt over $300,000, so that
at the date of closing this report the amount due this Company stands at $556,828 01. The old Reorganization Committee of the Peoria
Eastern Railway is in possession of
certain valuable securities which they are anxious to release, and, if a decree of court can be obtained, will turn
over to this Company, and these securities will more than
pay the balance of this debt. If the decision of the courts
should be unfavorable to the surrender of the securities to the Company, they will go to the sinking funds,
Eastern and this Company,
and in the end the Peoria
as its lessee and part owner, will receive the benefit of the
paying
&
&
&
same.
General business
good, and the outlook for tonencouraging. While the wheat
crop along the lines of the Company was a failure, the
prospect for corn was never more flattering.
_
The trains have been operated during the year wicn suctne
cess, and the faithfulness and zeal of the employes
performance of their duties is hereby recognized.
In the death of Mr. Cornelius Vanderbilt on the 12tH or
September, 1899, a great loss was suffered by your
upon
Company.
copy of the resolutions of the Board
oi
this sad event will be found upon the following pages
is fairly
is
nage for the coming year
m
A
this report.
By
order of the Board of Directors.
M. E. INGALLS,
President.
Cincinnati, O., August
4, 1900.
:
.
:
:
THE CHRONICLE.
H98
A.— COMPARATIVE GENERAL BALANCE SHEET JUNE
30, 1899,
Inc. or Dec.
1900.
1899.
'
ft
ft
S
'
Construction and Equipment. 86,205,748 86,408,449
Cost of Subsidiary fioads—
1,589.417
1,589.417
C. L. &C. RR
321,676
321,676
C. H. &G. RR
676,224
676,224
V. G. &R. RR
200,000
200,000
Harrison Branch RR
50,000
50,000
F. F. &M. RR
3,543,627
3,543,827
C. &8. Ry
86,880
86,880
Findlay Belt Railway
447,000
447,000
K. &8. Ry
I.
l
&E.Ry. First Cons. M. Bonds.
Muncle Belt Ry. Mort. Notes....
Dayton & Union RR. Co. Stock.
Dayton Union Ry. Co. Stock....
397,000
56,785
7,075
66,856
200,000
75,000
37,299
8,555
66,428
C.U.D.&Ry.
Co., Cin.,Pf. Stock.
C.U. D.&Ry.Oo.,Cin..Com. Stk.
Union Depot Co., Col., O., Stock.
C. C. C. &St. L. Ry. Co. Stock...
P.
E. Ry. Co. Stock
C.
O. Ry. Co. Stock
St. L. Ry. (Spring.
C. O. C.
Col. Div.) Mortgage Bonds....
St. L. Ry. Co. Gen'l
C. C. O.
&
&
&
&
230
Mort. Bonds
B. & W. Ry. 1st M. 7% Bonds. .
C. C. O. & St. L. General Mort.
Bonds, drawn for redemp. of
I.
500,000
1 ,900
12,800
C. C. C.
& I.
8. F.
Bonds
*202,700
.....
J.
40,144
First Mortgage Bonds
C.S.&C.RR. 1st Con. M. Bonds.
Col. Spg.&Cin.RB. 1st M. Bonds
D. 500,000
1. 10,900
371,963
556,228
10,000
26,033
25.499
26,028
838,825
Anderson Yard Improvement...
Material and Supplies
287,625
I. 14,000
D. 315,970
D. 534
I. 26,028
I. 551,200
&
1,073,117
453,088
13,174
50,050
1,159,368
Receivable
Accounts Receivable, due from
Companies and Individuals ...
Traffic Balances, due from other
Companies
Station Agents
U. S. Governm't and P. O. Dep't.
349
865
365,985
344,266
D. 21,718
266,948
219.261
169,629
249,755
190,044
169,747
D. 17,194
D. 29,217
101,703,319 101,128.826
D. 574,493
Bills
Total
86,252
D. 27,111
D. 6.22S
D. 41,950
/.
425,977
6,945
8,100
J.
/.
516
B.— CAPITAL STOCK AUTHORIZED AND ISSUED.
Int. on Bonds not Due.
Bills payable
^Bills pavable, Equlpm't Notes.
Accrued
Reserve Fd. for New Equipm't.
Reserve Funds for Renewals
and Improvements
Dayton & Union RR. Co. Loan..
J. P. Morgan & Co. Loan
Current Liabilities—
Audited
On
account of exchange for C.
S.
&
4,500,000
3,700,C00
$28,700,000
O.
3,797,600
3,691,710
RR. Co. stock
$27,989,310
:
$8,290
702,400
710,690
$28,700,000
Increase in Capital Stock for the year ending June 30, 1900
Increase for exchange of 35 shares Cincinnati Sandusky
& Cleveland RR. stock
$1,<00
Increase for exchange of 3 shares Columbus Springfield
& Cincinnati RR. stock
75
Total
$1,475
C.-INCOME ACCOUNT FOR THE YEAR ENDING JUNE
30, 1900.
Freight
$10,867,502
4,653,223
628,893
332,171
325,059
Passenger
Mail
Express
Rents
Total Earnings
Less Operating Expenses,
inol.
09
78
98
96
06
$2,661,441 00
1,
1,
to-toit:
Balance
416,490
3,425
156,200
357,795
142,963
50,000
3,000,000
1,103,730
650,000
10,000,OCO
4,000,000
12,634,000
428,400
3.425
*78,100
1,163,233
i.
i,coo"6bo
J.
11,909
D. 78,'i6o
/.
805,443
D. 142,963
I. 50,000
100,000
D. 3,000,000
464,612
577,502
715,758
608,308
298,789
303,931
50,000
425.750
138,174
Dr. 1,387
8,000
425,978
*551,785
31,223
1,029,443
1,122,643
-T.
251,146
30,806
I.
J.
5,142
D. 42,000
I. 227
I. 413,611
I. 32,609
I.
93,200
D. 574,493
$Sj/,2og 00
82,934 18
Total
$934,143 18
Deduct
Amount due on Pullman
contract
$821,566 34
19,376 40
(2,000 cars)
Sundry old claims
Balance for the year
Balanoe to credit of income June 30, 1899
840,942 74
$93,200 44
1,029,442 76
Balance to credit of income, June 30, 19C0
$1,122,643 20
D.-COMPARATIVE STATEMENT OF EARNING8, OPERATING
EXPENSES, OPERATING COST AND DEDUCTIONS
FROM INCOME FOR TWELVE MONTHS
ENDING JUNE 30, 1899 AND 1900.
EarningsFreight
Passenger
Mail
Express
Rents
Total Earnings
Operating Expenses—
General Expenses
Expenses
Conducting Transportation
Maintenace of Equipment
Maintenance of Way
Operating Cost
Freight
1899.
$9,226,533 90
4,245,036 16
600,715 19
1900.
$10,867,502 09
4,653,223 78
628,893 98
332.17196
332,17196
314,905 47
325,059 06
$14,719,362 68
$16,806,850 87
$317,905 67
503,272 75
5,045,842 33
1.976,858 15
1,815.555 07
$319,323 13
522,912 53
5,530,778 06
2,561,768 09
1,885,560 06
$9,659,433 97
$10,820,34187
65-62%
64-38%
$70,718 94
301,919 74
$66,760 72
254,575 83
$372,638 68
34,379 77
579,102 51
$321,336 55
24.S95 26
582,190 11
$986,120 96
$928,92192
$125,000
125,000
125,000
125,(00
Total Operating Expenses
00
00
00
00
$10,645,554 93
$11,749,263 79
Operating Cost
72-32%
69'91%
Net Earnings
$4,073,807 75
*r>.057.:<S7
03
$500,000 00
Stock, to wit:
1900, Us per oent....
1900, 1*2 per oent
Total, 3 percent
Total dividends
5,000,000
2,571.000
78,000
for year
Total
per cent
1900, l 1* per oent
1900, 1H per cent
Common
No. 9. March
No. 10, Sept.
5,000,000
2,671,000
78,000
$2,191,048 65
Total, 5 per cent
Dividends on
7,684,000
4,138,100
3.205,000
2,000,000
500,000
2,000,000
125,000
discount and exchange
Taxes
Jan. 1, 1900, 1J*
1,
7,684,000
4,138,000
3.205,000
2,000,000
500,000
2,000,000
125,000
D.' 7,000
2,866,538 43
Oot. 1, 18»9, IJ4 per cent
July
Interest,
Total Car Service
Insurance
Total Fixed Charges
1,
Add
Car Service, Passenger
i.05,097 43
April
792,000
689,000
1,475
2 For details see below.
3 Assumed in purchase. ** Monthly payments due in fiscal year ending Junes 0, 1901. &* Includes $419,837 65
Common Stock Dividend payable September 1, 1900.
$5,057,587 08
Rentals
Balance
Deduct Divs. on Pref Stock,
792,000
696,000
101,703,319 101,128,826
Total
Total
$16,806,850 87
11,749,263 79
Taxes..
Net Earnings
Deduct Fixed Charges—
Interest on Bonds
39,
40,
41,
42,
Companies
Bonds drawn for Redemption
and Unredeemed
Coupons Unpaid
BDividends Unpaid
Branch Lines, Operating Aoct..
Balance to Credit of Inoome
Account
Traifio
From Earnings—
No.
No.
No.
No.
Month
of June....
Traffic Balances Due to other
Rolls for
$
I.
$20/00,000
Total Issued
Balance unisstied, as follows
Unissued C. S. & C. RR
Unissued
Pay
Inc. or Dec.
27,989,310
10,000,000
428,997
Brought forward
The amount of Capital Stock authorised by stockholders is :
For consolidation of C. C. C. & L; I. & St. L., and C.
I. St. L. & C. R'ys, under agreement dated Mar. 27, '99 $20,500,000
Authorized under Resolution of Stockholders, July 7,
Total authorized
Capital Stock issued
On account of consolidation
On account of sale to stockholders
$
118
i * $274,054 14 discount on Bonds sold, and $1,475 Stock issued in
exchange for C. S. & C. Stock, less $72,828 84 land sold to Dayton
Union Ry. Co.
1890, for sale to holders of common stock
Authorized under Resolution of stockholders, October
29, 1890, for exchange of C. S. & C. RR. Co. stock
19«0.
$
—
Bills
Cash in Hands of Treasurer
Cash in Bank to Pay Coupons...
Cash in Bank to Pay Dividends..
Cash in Bank to Redeem Bonds..
1899.
St. L. Ry. (Sprin g & Col.
Div.) First Mortgage Bonds...
1,103,730
C. C. C. & St. L. Ry. (W. W. Val.
Div.) Mortgage Bonds
650,000
C. C. C. & St. L. Ry. (St. L. Div.)
1st Collat. Trust Mort. Bonds. 10,000,000
C. O. C. & St. L. Rv. (C. W. & M.
Div.) Mortgage Bonds
4,000,000
C. C. C. & St. L. Ry Gen.M.Bonds 11,634,000
Deferred Liabilities
C. O. C.
2,453,570
I.
D. 3,000,000
357,963
872.198
10,000
C.I.St.L.&C.Ry.lstM.6p.c.Bds.
C. I. St. L. & C. Ry. Gen. 1st M. 4
per cent Bonds
O.C. C. & I. Ry. 1st Con. M. Bonds
C.O.C. &I. Ry. Gen. Con.M.Bds.
I & St. L.
First Mort. Bonds.
I. & St. L. Ry. First Mort. Bonds.
C. & S. Ry. First Mort. Bonds. ..
C. & S. Ry. Second Mort. Bonds.
C. O. C. & St. L. Ry. (C. V. & C. Ry .)
RR
Sundry Investments—
Sloane Property, Sandusky, O..
Fast Freight Lines, etc., Working Capital
1900.
27,987,^35
10,000,000
3CapitalSt'k,C.S.&C.Pf.& Scrip
428,997
Funded Debt—
&C. RR. First Mort. Bonds.
3,000,000
Sink. Fund St. L. A. & T. H.
1st Coll. Trust Mort. Bonds....
P. & E. Ry. Co. Loan Account...
Capital stock—
2Capital Stock, Common
Capital Stock, Preferred
C. L.
397,000
66,7Sb
7,075
107,000
200,000
75,000
37,299
8,555
66,428
2,453,570
230
&
AND
LIABILITIES.
ASSETS.
P.
LXAl
[Y»L.
Deductions from Income.
420.0CO 00
419,839 65
$839,839
$2,672,544 00
201,165 69
$2,661,44100
205,097 43
Total Deductions from Inoome.. $2,873,709 69
$2,866,533 43
$1,200,098 06
$2,191,048 65
Interest
on Bonds
Rentals
65—
1,339,839 65
$851,209 00
Balance
to
Credit of Income
.
August
>
THE CHRONICLE.
25, 1900.1
F.—DETAILED STATEMENT OP OPERATING EXPENSES.
,— Tear end.
June 30.^
1899.
1900.
$
$
Distribution.
General Expenses—
President and Secretary
Local Treasurer
New York Office, Treasurer
Offioe, Vice-President....
General Offioe Expenses
Corporate Expenses
Stationery, Printing
and Postage...
Legal Expenses
Rents....
Speoial Tax
^Tear end. June 30.-,
—1900.-,or Dec
Distribution.
Maint. of Equip.— Continued—
Car Repairs—Working
Eng. House, Mach. & Car Shop Rep..
Machinery and Tools in Shops
Inc.
%
Auditor
Purchasing Agent
New York
,
Agent
War Revenue Tax
Total
$
37,830
18,075
9,263
93,413
9,267
2,144
19,305
10,598
17,214
60,615
4,196
4,988
30,993
37,870
18,727
8,005
96,983
9,809
2,000
18,550
6,803
20,236
62,864
4,097
5,380
27,998
317,906
319,323
1.1,417
99.725
5,502
5,265
2,209
D. 1,954
J. 3,883
D. 9,486
7.5,307
7.40
1.653
J.
392
Expenses—
Traffic
Freight Trafflo Manager
Outside Agencies— Freight
Fast Freight Lines
Trafflo Associations-Freight
Stationery and Printing— Freight...
Passenger Trafflo Manager
General Passenger & Ticket Agent..
Outside Agencies— Passenger
Traffic Associations— Passenger
Stationery <fc Printing— Passenger..
Advertising
Total
Conducting Transportation
Superintendence
94.223
69,013
102,503
12,822
12,107
9,486
31,917
86,990
10,524
18,698
54,989
J.
74 278
104,712
10,869
15,990
37,224
84,368
6,133
25,689
63,925
522,913
159,845
382,337
236,873
218,773
452,098
213,919
805,476
60,534
35,687
17,783
24,033
54,908
48,726
67,657
128,621
431,034
163,002
399,377
248,215
228,231
468,870
216,121
929,557
63,030
32,200
17,530
26,613
57,913
49,173
65,287
131,313
438,702
68,245
162,698
572.187
332,164
59,628
239,446
135,378
2>,297
9,709
37,372
16,444
141,597
134,052
13,900
27,767
6,870
12,892
69,225
114,535
225,664
731,573
91,103
92,520
26,408
37,207
61.156
212,000
20,010
8,893
166,794
21,052
1,057
16,363
Total
1,815,555
1,885,560
Grand Total
9,659,434 10,820,342
7)2,622
7)4,391
I.
19,640
—
Fuel for Locomotives
Water Supply lor Locomotives
Oil, Waste & Tallow— Locomotives.
Oil, Waste and Tallow- Cars
Locomotive Supplies
Train Supplies— Passenger
Train Supplies— Freight
Cleaning Passenger Cars
Roundhousemen
Switchmen
Watchmen & Flagmen at Crossings. 69,2 a
Telegraph Expenses
157,666
Station Servioe— Agents and Clerks. 529,686
Station Service— Labor
301,073
'..
Station Supplies
54,978
238,243
108,319
23,478
18,188
35,146
11,290
45,758
87,795
13,348
5,369
7.930
Union Passenger Stations
Switching
Car 8er.,Wei g&Fr'tInsp'n Bureaus
Dining Car Servioe
Stationery and Printing
,
Wrecking
Loss and Damage
Injuries to Persons
Stock Claims
FireClaims
Y. M. C. Associations, eto
Elevators, Warehouses, eto
Total
5,045,842
Maintenance of Equipment—
Superintendence
Locomotive Repairs— Freight
Locomotive Repairs—Passenger
Locomotive Repairs— Switching....
Oar Repairs— Freight
Car Repairs—Passenger
55,885
413,340
176,270
120,316
798,247
238,296
5,530,778
57,684
658,263
190,439
148,279
1,130,628
255,431
584,910
I.
3.298
I.
D. 8.033
1,012
39,865
D. 25,046
7. 13,405
D. 905
7. 3,949
7. 7,443
D. 6,323
D. 153
D. 2,816
1. 44,019
D. 487
7.
7.
7.2
7.776
70,005
7.
1,160,908
7.
G.~FREIGHT AND PASSENGER SrATISTIC3-YEARS END
ING JUNE 30, 1899 AND 1900.
Tear Ending
Enginemen and Firemen— Freight..
Enginemen & Firemen— Passenger.
Enginemen & Firemen— Switohing..
Trainmen -Freight
Trainmen— Passenger
7.347
7.6,991
7.8,936
~~
~503,273
65,927
122,568
224,651
691,708
Track and Roadway— Labor
Track and Road way— Materials .... 116,148
79,115
Ballast
27,313
Frogs and Switches
33,258
Railway Crossings & Interlocking..
43,713
Fenoes, Road Cross. & Cat. Guards.
218,324
Bridges and Trestles
20,163
Track and Bridge Watchmen
11,710
Telegraph Repairs
Bulld'gs, Station Gr*nds& Platf'ms.. 122,775
21,539
Docks and Wharves
1,055
Stationery & Printing
15,587
Land Improvements
-
7.
J.
$
7.16.656
D. 112,067
7.41,516
Way—
Rail Renewals
Tie Renewals
2,995
— 1900. —
$
2.561,768
Maintenance of
Superintendence
1.3,023
J. 2,248
D. 99
7>.
$
1,976,858
Total
.
Inc. or Dec.
1900.
22,691
9,561
85,561
3,231
3.571
7.543
D. 144
D. 756
7X3,795
1899.
6,035
121,629
44,015
2,884
Stationery and Printing
D. 1,262
J.
399
7.3,157
7.17,041
7.11,343
7.9,457
7.16,772
7.2,202
7.124,080
7.2,496
7). 3,487
D. 253
7.2,580
7.3,005
7.447
7). 2,369
7.2,692
7.7,668
1,026
7.5,031
7. 42,502
7.31,091
7.4,650
7.1,202
7.27,059
7.1,818
7). 8,479
7. 2,226
7.5.154
7.95,839
7.46,257
7).
7.552
7.22,399
Z>.
1,059
7.12,892
7.
484,936
7.1,798
7.244,923
7.14,169
7.27,963
7.332,381
7.17,225
>
1900
;
>
June30, 1899. June 30, 1900. Inc. or Dec.
Freight Statistics.—
Freight earnings
$9,226,534 $10,867,502 7. $1,640,968
10,043,126
11,006,304
7.963,178
Tons of freight carried
Tons of fr'ght car'd 1 mile. 1,704,824,779 1,863,586,488 7. 158,761,709
D. miles -5
Average haul of one ton.... miles, 169 8 miles, 169 3
$-919
7. $0-68
$987
Average receipts per ton...
cents, *583 7. cents, '042
cents, *541
Average rec. Der ton mile..
7.1,268
62.011
60,743
Number of freight trains...
7. $23 36
$151 89
$175 25
Freight earnings per train.
D. 17,429
Freight train mileage
5,587,915
5,570,516
7. $-30
$195
Fr'ght earns, per train mile
$165
7.2,628,709
130,556,175
Fr'ght car mileage-loaded. 127,927,466
7.2,444,110
33,198,341
Fr'ght car mileage-empty.
30,754,231
Percentage empty oarmileagetototal
Average No. oars per train
—loaded
Average No. cars per train
—empty
Earnings per loaded car. ...
Average Mo. of tons in each
loaded car
Average No. of tons in each
train
19-4%
20-3%
229
23-4
7.
-9%
7. -5
55
5-9
$12 24
$14 08
13 32
14 27
7.95
305
335
I 30
Freight earnings per mile
of road
$5,019 58
Passenger Statistics.
Passeneer earnings
$4,245,036
No. of passengers carried..
5.360,457
No. of pass, carried 1 mile. 230,596,748
Av. pass, car'd per train ...
82
Aver'ge haul for each pass,
miles, 430
$-792
Average reoelpts per pass..
Ave. rec'pts per pass. mile. C6nts, 1*841
No. of passenger trains
65,029
Pass, earnings per train....
$65 28
Passenger train mileage....
4,731.996
Earn's per train mile— Pass.
$8971
Earn's per train mile -Mail.
$1269
Earn's per tr'nm.—Express
$0702
Earn's per train m.— Total..
$1*0912
Passenger car mileage
16,738,955
Pass. earn, per m. of road.
$2,309 45
J. *4
7.
$5,746 90
—
$4,653,224
5,792,421
240,099,226
88
miles, 41*5
$-803
oents, 1*938
6^,555
7.
7.
$1 84
$727 32
$103,188
431,964
J.
I.
9,502,478
7. 6
D. miles, 1*5
7. $-011
cents,
$70 98
4,837,933
*097
7.526
I. $5 70
1.105.937
$9618
7.
$-1300
7.
$0687
D.
$1*1605
17,105,347
$2,460 69
7.
7.
$'0647
$0031
$0015
$0663
7.366,392
7.
$151 24
H.—STATEMENT OF FUNDED DEBT, INTEREST CHARGES AND RENTALS.
Name
of Road.
Date Issued.
Class of Bonds.
RR
C. L. & C.
First Mortgage
July
C. I. St. L. & C. Ry. First Consolidated Mortgage . . Mar.
C. I. St. L. & C. Ry. General First Mortgage.
Aug.
C. O. C. &I. Ry
First Consolidated Mortgage. . June
C. C. C. &I. Ry
General Consolidated Mortgage Jan.
I.
&8t. L. RR.
I.
&8t, L.
First
Ry
Mortgage
July
Mortgage
Mortgage
Second Mortgage
First
First
C. AS.Ry
C. AS.Ry
C. O. C. & St. L. Ry. (C. V. & C. Ry. First Mortgage)
Cin.Sa. &C1.RR... First Consolidated Mortgage. .
Col. Sp. & Cin. RR. First Mortgage
C. C C.&St.L.Rj-. (Spring, and Col. Div. 4% Mtg.)
C. 0. C. & St. L. Ry. (White Water Val. Div. Mtg.).
C. C. C. & St. L. Ry. (8t. L. Div. 1st Col. Trust Mtg.)
C. C. C. & St. L. Ry. (O. W. & M. Div. 4% Mortgage)
C. C. C.
St. L. Ry. General Mortgage Bonds
C. C. C. & St. L. Ry. Rentals
-
&
Nov.
Feb.
Jan.
Jan.
Jan.
Tears
to
Run.
1901.
1920.
1936.
1914.
1934.
1
Mar.
I.
B.
I.
Rate
of Int.
1, Sept. 1
1874. June
1,1884. Jan.
1,
1,
1,
1,
1,
1869. July
1,
1919.
19
^M &S"B"V
(N&M*'C">
1,
1,
1,
1,
Jan. 1,
Sept. 1,
Sept. 1,
July 1,
Nov. 1,
July 1,
June 1,
1912.
1901.
1902.
1939.
1928.
1901.
1940.
1940.
1990.
1991.
1993.
12
Nov.
1,
1,
1,1882. Nov.
22, 1871. Apr.
1, 1872. Jan.
1, 1890. Jan.
1,
1888.
1,1890.
1,
1890.
May
9,1891
June
1,1893.
20
36
14
34
May
1
2
39
28
1
40
40
90
91
93
Feb.
June
Jan.
1,
1,
1,
1,
Nov. 1
quar'ly
Dec. 1
July
1
(J & J "A")
1,
May
Mar.
Sept.
1
July
May 1, Nov.
Jan. 1, July
Dec. 1, June
1
Jan.
1,
1,
1
1
1
$792,000
689,000
7
6
7,684,000
4,138,000
3,205,000
4
7
cl.
AW. Ry.
First Mortgage preferred
First Mortgage preferred
First Consolidated Mortgage.
&W. Ry..
Apr. 15, 1879. Apr.
Apr. 2, 1888. Apr.
Feb. 22,1890. Apr.
1,
1,
1,
1940.
193*.
1940
40
38
40
Oct.
July
Apr.
1,
1,
1,
Apr. 1
quar'ly
Oct.
1
$55,440
41.340
307,360
289,660
192,300
6
140,000
500,000
2,000,000
125,000
5,000,000
2,571,000
78,000
1,103,730
650,000
10,000,000
4,000.000
12,634,000
$1,000,000
500,000
8,500,000
30,000
140,000
8,750
200,000
128,550
6,460
44.140
26.000
400,000
160,000
505,360
200,000
6
7
7
4
5
7
4
4
4
4
4
$2,874,360
$57,169,730
&E. Ry
&E. Ry
Annual Int.
and Rentals.
2,000,000
1
Apr. 1, Oct.
Jan 1, July
Jan 1, July
Jan h July
Mar. 1, Sept
Total.
O.
P.
P.
Amount
Outstanding.
Interest,
When Due.
per
1,1871. Sept.
8,1880. May
2,1886. Aug.
Sept. 1,1871.
Oct. 30, 1890
Nov.
Nov.
Dale of
Maturity.
$40,000
25,000
340,000
22,500
4
5
4
Rentals
Total.
$427,500
$10,000,000
I.-STATEMENT OF GROSS AND NET EARNINGS, FIXED CHARGES AND CAPITAL STOCK FOR TWELVE YEARS.
1889.
Gross earnings
Net earnings
Fixed charges
Capital stock
,
1890.
1891.
1892.
1893.
1894.
1895.
1896.
1897.
1898.
1889.
1909.
$11,458,993 $12,904,658 $13,134,439 $13,818,116 $14,669,056 $13,034,049 $13,625,028 $13,704,535 $18,117,111 $14,320,094 $14,719,363 $16,806,851
0,057,587
4,073,808
3,704,269
8,283,645
3,851,726
8,619,926
4,165,476
3,979,674
8,370,960
3,262,447
8,940,447
3,410,831
2,8d6,538
2,878,710
2,662.961
2,905,024
2,760,824
2,769,172
2,724,841
2,670,174
2,844,706
2,883,926
2,692,710
2,844,610
38,000,000
38,000,000
88,000,000
25,500,000 30,600,000 37,277,400 88,000,000 33,000,000 38,000,000 38,000.000 38,000,C0C 38.000,000
1
:
>
THE CHRONICLE.
400
J.— STATEMENT OF MILEAGE
Track
Division —
Cleveland
Cincinnati
Indianapolis
St. Louis
Cairo
Chicago
Whitewater
Sandusky
Michigan
Total
&
Eastern
& Seneca
Mt. Gilead Short Line
Total
Miles.
Miles.
Miles.
137-75
174*53
203*22
266-34
270-3O
320-47
70-06
146-41
301-94
1962
124-52
281-89
271-45
300-88
1,891-02
6017
Railway—
Kankakee
Sidings.
Miles.
In addition to the above the
tion of the following
Peoria
Track.
8360
13-32
4-70
1-99
92-96
118-80
48-67
193-61
2054
Company
38713
31897
534-62
8-01
7807
4223
188-64
76-31
378 25
78871 2,73990
controls the opera-
Main
Double
Track.
Track.
Miles.
Miles.
Total
Miles.
Sidings.
Miles.
468-00
352-00
42-08
11600
7-03
4911
200
•47
2-47
Total
39608
Total mileage, Big Four System..2,287-10
12350
51958
912-21
3,259-48
(frommzxtml <gimes*
3j*ke
Of Main Track, Double Track and Sidings of the Various Lines
Controlled and Operated by the Big Four System.
Main
Double
[Vol. LXXI.
COMMERCIAL EPITOME.
Friday Night, August
The volume
of business transacted in
24, 1900.
commercial
circles
A striking contrast
has reached only moderate proportions.
between the buying at present and at this time last year is in
the size of the orders.
year ago the disposition generally
shown was to contract freely for supplies in anticipation of
coming requirements, while thus far this season buyers in
the main have limited their purchases to such supplies as
have been needed to meet well- denned wants. Thus there is
little prospect of trade over-stocking, and the business outlook in most lines is considered favorable for a healthy fall
and winter trade. The situation of the iron market has
undergone no radical changes. The weather conditions for
the growing crops have been generally favorable; needed
rains have fallen in the Southern Atlantic States. Saturday,
Sept. 1, will be observed as a holiday by most of the New
A
York Exchanges.
Lard on the spot has had a better sale, as theie has been
The Company is also one-fourth owner of the Peoria & more aciive buying by exporters and prices have advanced.
Pekin Union Railway, one-seventh owner in the Terminal The close was steady at 7'20c. for prime Western and 6 65c.
Railroad Association of St. Louis, two-fifths owner of the for prime City. Refined lard has been in fairly active demand
Indianapolis Union Railway and partial owner of the Dayton and prices have gradually hardened, closing at 7*40c. for re& Union Railroad.
fined for the Continent. Speculation in the market for con6017
f
K .—EQUIPMENT STATEMENT.
Statement of Equipment Owned and Controlled by this
Company.
—
—
Name of Road.
C.C.C.&St.L. P.&E.
114
16
241
40
92
9
Class.
.
Locomotives—
Passenger
Freight
Switching
130
281
101
447
65
512
239
77
29
25
14
25
11
3
3
264
384
42
426
10,459
1,275
11,734
194
40
193
3,765
Total
Passenger Cars—
Coaches'
Bag-gase Cars
Postal Cars
Parlor, Pay, and
Dining and Caf6
Total.
Officers'
Total
88
32
28
14
Freight Oars-
Box
619
Stock
Coal and Flat
619
3,571
182
475
360
Caboose
Special
Refrigerator
15,666
Total
....
222
C68
360
1,702
17,368
t.-PEORIA & EASTERN RAILWAY.
Comparative Statement of Earnings, Operating Expenses, Operating Cost and Deductions from Income for Twelve
Months Ending June 30, 1899 and 1900.
Earnings—
1899.
1900.
Freight
Passenger
Mail
Express
Rents
,
Total earnings
Operating Expenses—
General Expenses
Expenses
Conducting Transportation
Maintenance of Equipment
Maintenance of Way
Traffic
$1,300,950
494,888
64,482
40,740
2,155
85 $1,691,343 52
18
551,38100
92
00
40
69,680 69
40,740 00
$1,903,217 35
$2,356,416 38
$7,959 67
29,47174
612,777 20
341,147 28
353,995 12
3,27117
$6,006
21,010
681,839
390,618
379,799
68
86
5.0
50
13
tracts has been fairly active and prices have advanced on
buying for investment account, stimulated by higher prices
for swine and an improved cash trade.
DAILY CLOSING PRICES OF LARD FUTURES.
Sat.
Mon. Tuts.
Wed. Thurt.
Fri.
6-92
August
7-00
7'10
7*07
7-10
7*20
Pork has been quiet but prices have held about steady,
closing at $12 25@13 for old mess; $13 50@14 for new mess;
$15 5U@16 for family, and $13 75@15 50 for short clear. Cutmeats have been dull at unchanged prices, closing at 6J£@
6%c. for pickled shoulders; 9%@10%c. for pickled hams, and
9@10c. for pickled bellies, 14@10 lbs. average. Beef has held
steady at unchanged prices, closing at $9 for mess, $9 50@11
for packet, $10 50@12 for family and $14@15 25 for extra India mess. Tallow has been dull and without changes at
Oleo-stearine has weakened slightly, closing at 7%c.
4 7-16c.
Lard stearine has been neglected, closing nominally at 8c.
Cotton-seed oil has had a moderate sale at steady prices,
closing at 35c. for prime yellow. Butter has advanced for
the best grades, closing steady at 18@21%c. for creamery.
Cheese closed quiet and easy, and prices quoted ranged from
&% to 10^c. for State factory, full cream. Fresh eggs have
advanced, closing steady at 163^@17c. for choice Western.
Brazil grades of coffee have further weakened in price, but
on the lower basis of values a large business has been transacted with Brazil; receipts have continued fairly large. The
close was quiet at 8%c. for Rio No. 7.
Business in the market for West India growths has continued to drag and prices
have been lowered to lO^c. for good Cucuta. East India
growths closed 3teady, with demand improving. Speculation
in the market for contracts has been fairly active. Early in
the week prices declined under free offerings from Brazil.
At the lower prices there was active buying for investment
account, and there developed a steadier tone. The close was
Final asking prices were:
easier.
Aug
7-20o.
7-25o.
7-35o.
8ept
Oct
Nov
Deo
Jan
7-400.
7-50o.
Maroh
7-50o
May
April
7-60c
7-65c
7 70e.
-
Raw sugars have been in scant supply and firm for prompt
delivery, closing at 4,%c. for centrifugal, 96-deg. test, and
43^c. for muscovado, 89-deg. test. Rehned sugar has been
steady and at the close reports were of an improving demand. Teas sold at lower prices at auction. Other groceries
unchanged.
Kentucky tobacco has had a fair sale at steady prices. Seed
Sales
leaf tobacco has been in better demand and steadier.
900 cases 1899
for the week were 3,000 cases, as follows
crop, New England Havana seed, 16@573^c. 500 cases 1899
crop, New England seed leaf, 28@45c. 900 cases 1899 crop,
flats, 14@20c; 400 cases 1898 crop, Zimmers, 14^(del5>£c.,
and 200 cases 1898 crop, Wisconsin Havana, 11%@i2>£c.;
also 500 bales Havana at 50@90c. in bond and 350 bales Suma:
;
Total
$1,348,85101
$1,479,274 67
70 85%
62-78%
Operating Cost
Car Service— Passenger
Car Service- Freight
Total Car Service
Insurance
Taxes
Total
Total Operating Expenses
Operating Oost
NetEarnings
$68 75
13.358 04
Or.
$13,289 29
Or.
$699 10
8,520 16
5,174 02
82,564 35
$7,82106
2,02110
79,143 08
$101,027 66
$88,985 24
$1,449,378 67
$1,568,259 91
76-15%
66-55%
$453,838 68
$788,156 47
$418.8^9 67
22,500 00
$420,000 00
$441,369 67
$442,500 00
$12,469 01
$345,65647
Deductions from Income—
Interest on
Bonds
Rentals
Total Deductions from Inoome
Balance
to
Credit of Income
22,50000
;
tra at 80c.@$l 75 in bond.
There has been an easier market for Straits tin, but at the
close some of the loss was recovered, reflecting firmer
Ingot
foreign advices; prices quoted were 31-10@31-25c.
copper has advanced slightly in piice, but business has been
Lead has been quiet
quiet, closing at \§%c. for Lake.
locally, but prices have held steady at 4-25c. for domestic.
Spelter has weakened slightly, closing quiet at 4-10@4 15c.
Pig iron has been in fair demand at unchanged prices, closing at $13@17 tor domestic.
Refined petroleum has been steady, closing at 8 05c. in
Naphtba unchanged
bbls., 5 50c. in bulk and 9-35c. incases.
Crude certificates have been neglected. Credit
at 9 55c.
Spirits turpentine
balances have been unchanged at $125.
has declined, with a fair business transacted at the lower
Rosins have weakened slightly,
prices, closing at 38@38^c.
closing at $1 52i£@l 55 for common and good strained. Wool
has been in moderate demand and steady. Hops kave been
in better demand and firmer.
,
#
..
August
J
.
Friday Night, August 24, 1900.
Crop,
as indicated by our telegrams
the
op
The Movement
from the South to-night, is given below. For the week ending
this evening the total receipts have reaohed 8,115 bales,
against 3,012 bales last week and 4,515 bales the previous
week, making the total receipts sinoe the 1st of Sept., 1899.
6,548,143 bales, against 8,449,012 bales for the same period of
1898-9, showing a decrease since Sep.l, 1899, of 1,900,869 bales,
at—
Wed.
Tuet.
lion.
Sat.
Thurt.
Total.
<
268
562
319
243
189
Bab. Pass, Ac.
......
......
......
New Orleans...
105
282
29
637
......
......
......
......
33
361
193
......
......
......
3
45
••••
47
28
248
45
•ann
•••
••»•
......
..•a.
4
4
6
3
......
Penaaoola, Ac.
16
Brans w'k.&o.
......
Charleston
Pt. Royal.&c.
Wilmington....
Wash'ton.&e.
Norfolk
......
23
N'p't News, Ac.
......
New York
......
Boston
Baltimore
......
......
Ac.
10
week
230
Philadel'a,
Tot. tbls
•
77
448
17
39
73
39
59
172
214
172
649
281
34
649
291
.••«•
23
53
17
......
......
......
34
......
......
916
703
916
1,238
8,U5
4,112!
The following shows the week's total reoeipts,the total since
and the stock to-night, compared with last year,
Sept. 1, 1899,
Aug. 24.
Galveston...
Sab. P., Ac.
New Orleans
Mobile
P'saoola, Ao.
Savannab...
Br'wiok.Ac
Charleston..
P.Royal.Ao.
Wilmington.
Wash'n, Ao.
Thi$
week.
Since Sep.
1, 1898.
This
week.
Since Sep.
1, 1899.
1,693 1,703,344
......
87,345
2,893 1,862,224
188 198,891
643 153.036
817 1,081,449
121,831
•>•••
448 263,095
1,235
73 279,779
14,633 2,321,077
799
408,364
1,351
214
172
BTorfolk
N'portN.,Ao
New York...
Baltimore
Stock.
1898-1899.
1899-1900.
Receipts to
34
649
291
.
Pblladel.Ao.
1900.
1899.
3,721
26,151
32,116
4,273
130,766
6,050
7,432
10,839
1,723
5,793
2,151
9,297
3,233
20,106
76,370
6,763 2,220,418
355 250,581
245,152
3,085 1,089,923
274,429
1,286 372,499
23,424
123
.....
686,906
34,724
120,531
317,206
69,482
53,092
24,462
2,000
2,844
144,445
4,200
2,936
7.188
23,795 8,449,012
85,173
367,771
34,666
80,471
119,015
103,126
49,423
44
218
1,084
630
8,115 6,548,143
....,-
291,817
569
413
805
In order that comparison may be made with other years,
totals at leading ports for six seasons.
we give below the
Mcceipti
at—
1900.
1899.
Galves'n.Ao.
New Orleans
1,893
2,893
Mobile
Savannah...
<bo.
188
817
448
73
214
172
All others...
1,617
1,976
3,558
Tot. this wk.
8,115
28,795
20,273
Ao
WUm'ton, Ac
Obas'ton,
Norfolk
N. News,
14,633
6,763
1896.
1897.
1898.
10,237
2,550
10,064
20,354
355
54
3,035
1,286
1,788
73
785
134
36
371
123
569
553
17
1,516
29,454
14,174
1,308
14,611
4,968
1,948
1,947
1895.
1,602
4,044
65
364
82
10
51
883
139
8
585
82,718
68,557
6,803
18
The exports
for the week ending this evening reach a total
of 18,402 bales, of which 14,858 were to Great Britain, 389
to France and 3,155 to the rest of the Continent. Below
are the exports for the week and since Sept. 1, 1899.
Week Bndint Aug. 24,
Exported to—
from—
1900.
8tpt. 1, 1890, to Aug. 21, 1900.
Exported to—
Great
Conti- lotal
Qreat
France
Prance
Brit'n.
nent. Week. Britain.
Galveston....
Sab. Pass, Ac.
New Orleans.
390
60
440
Mobile
Peniaoola....
043
643
Savannah
Brunswick
From
. .
Charleston...
Port Royal...
Wilmington..
Norfolk
N'port N., &o..
New York...
5,55a
Boston
4,833
Baltimore...
Philadelphia.
Ban Fran., 4o.
8.129
Total
Total, 1898-99,
138
389
2,636
8,633
8,577
4.863
331
281
14.853
138
3,460
281
389
We
OH 8HTPBOABD, NOT CLEARED FOB—
Leaving
Aug. 24 at
Other
Britain. trance. Foreign
Ooattwite.
224
392
None.
None.
None.
None.
100
600
546
None.
None.
1,500
None.
None.
None.
None.
None.
None.
None.
None.
Total 1900...
1,634
None.
1,316
Total 1899. .
Total 1898...
9,428
17,449
1,532
18,269
7,418
New
Qreat
Orleans.
Galveston
34
100
.
None.
None.
None.
None.
None.
602,629 362,205
12,144
2,187
695,872 232,116
101,312
61,728
1«,247
181,474
67.668
88,059
39,828
Oontinent.
loUl.
622,548 1,487,282
67,162
62,821
723,591 1,651,679
133,004
31,692
65,390 133,335
506,279 727,081
88,291
15,626
178,908
112,847
44,659
280,079
274,738
30,429
9,525
39,964
26,890
230,587
161,550
65,802
7,349
10,398
2,307
28,197
562,304
37,785
293,932
3.634
2,17?
189,788
177,327
725
155,184
197.767
7,349
187,725
3,155
18,402 2,335,448 692,045 2i867,S65 57« 14.878
481 14,669
18.241 3,530,537 800,896 3.004.283 7J335.718
ttock.
Total.
200
None.
804
492
None.
200
None.
1.600
1,600
None.
None.
2,100
31,312
3.229
7,432
1,523
4,273
1,633
24.362
6,113
2,346
5,296
79,877
7,076
2,400
36,305
27,992
331,466
155,506
100
Speculation in cotton for future delivery has continued
moderately active. Daring the first half of the week the
The Chrontendency of prices was towards a higher basis.
icle's summary of the crop situation as reported on the 18th
was less favorable than generally expected, and had a
strengthening influence here and in Liverpool. The weather
cotton-belt
east of the Mississippi
conditions in the
River were reported as unfavorable during the first
week
the
complaints
were of high
the
half of
temperature and absence of sufficient moisture. The
weekly Bureau report, issued on Tuesday, although
considered unfavorable, was nevertheless a better statement
than generally expected, and this had a tendency to take the
edge off the market. Wednesday the market held steady
during the morning trading, but shortly after the noon hour
there developed an easier tone. Private advices were received from several States East of the Mississippi reporting
needed rains, and a fall in the temperature also was reported
under which prices weakened. Thursday there was a hesitating
market; the rainfall reported, it was claimed, was not sufficient to f ally relieve the drought, but as the predictions were
for further rains, prices showed a tendency to sag in the absence
of aggressive buying.
Latest private advices received from
Manchester indicated an improving demand from the East
for cotton goods, but reports from domestic markets have
continued to indicate an unsatisfactory condition of business.
Shippers report moderate sales made to Manchester and the
Continent of Texas cotton for O^t. -Nov. shipment at prices
showing a fairly high basis. To-day there was an easier market.
Farther general rains were reported east or the Mississippi River, and this, coupled with the fact that new crop cotton was beginning to move more freely, weakened prices. The
close was quiet at a net loss in prices for the day of 8@10
points.
Cotton on the spot has been weaker and prices have
declined, closing at 9%c. for middling uplands.
On the basis of the rates on and off middling as established
by the Revision Committee, the prices for a few of the
grades would be as follows:
;
UPLANDS.
Sat.
Good Ordinary.
815 16
Low Middling..
99i 6
Middling
10
Good Middling.,
105 16
10%
Middling Fair...
GULF.
Sat.
Good Ordinary.
93,
Low Middling..
913 16
Middling
Good Middling..
Middling Fair..
Since Sept. 1 6548,143 8449,012 8648,471 6745,678 5337,756 7880,494
Export*
In addition to above exports, our telegrams to-night also
£ive us the following amounts of cotton on shipboard, not
add similar figures for
cleared, at the ports named.
New York, which are prepared for our special use by Messrs,
Lambert & Barrows, Produoe Exchange Building.
Other ports
1
•«
401
Charleston
Mobile
47
69
Mobile
1
THE CHKONICLE.
25, 1900.
COTTON.
Beceipti
„
.
.
Middling
Strict Middling
Good Middling Tinged.
8i6 16
Mon Tnes Wed
93,8
913 16
10k
10*
10»ie
10» 18
Sat.
9*18
,
,
9 3 l«
9i3ie
10»4
I09 i6
11
93ie
9is ie
10*
109ie
11
Mon Tnes Wed
8%
9%
,
813 16
8«i8
Frl.
8Hl6
95 l8
9 9 ie
99ie
9?ia
99i«
9%
10
10
10
9 78
105 16 105 ta I05 1e 103, a 10i, a
Og
10*2
10% 10% 10% 10
11
STAINED.
Low Middling...
Mon Tnes Wed Tk.
10
8=8
9»,6
9%
10
8%
9%
10
Th. Frl.
9ii fl
8«w
9Hl6 9»ie
10 1* 10
I07 l8
10^8
105
8
10%
Th. Fri.
8i«
97,8
838
95 ia
958
9'8
9ifl
9%
York on
for middling upland at New
for eaoh of the past 82 years have been as follows.
1876....C.12ie
1900....C. 9%
1892. ...0. 7*8
1884. ...0.10%
6*4
1899
1891
1883
143a
8
lOha 1875
1898...... 5%
1874
16%
1890
13
llifl
1882
1897
20
8
Ilia
1873
1889
1881
12^
1896
8*8
22
.1068
.1H5 16 1872
1888
1880
1895
9?8
71*13 1887
12
1871
1879
191s
1894
19^8
95 ]8
1870
1886
1878
12lie
714
1893
105 18
35
11
1869
1885
1877
The quotations
Aug.
24.
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 which show
at a glance how the market for spots and futures closed on
same days.
Saxes of Spot A contract.
Spot Markbt FUTUBES
Market
OonClosed.
OonExClosed.
Saturday
.
Monday
Dull
Dull
Quiet
port.
Wednesday Quiet
Total
.
Quiet at ie dee Quiet
Dull at ie dec. Quiet
.
tract.
826
Tuesday... Quiet
Thursday
tump.
812
1,638
103
288
32
347
192
962
200
Total.
826
103
488
32
1,159
192
200
2,800
.
''
!
THE CHRONICLE.
402
Futures.— rhe highest, lowest and closing prices
Futures at New York are shown in the following table.
«
^
B
B
1® r>w,a
[Vol. LXXI.
At the Interior Towns the movement—that is the receipts
of
week and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
for the
corresponding period of 1898-99—is set out in detail below.
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o
©
The above totals snow ttiat the interior stocks nave deThe Visible supply op Cotton to-night, as made up Dy creased during the week 658 bales, and are to-night 192,176
cable and telegraph, is as follows. Continental stocks, as well bales less than at same period last year. The receipts at all
as those for Great Britain and the afloat, are this week's retowns have been 42,721 bales less than same week last year.
turns, and consequently all European figures are brought down
Overland Movement pob the Week and Since Sept. 1.—
to Thursday evening. But to make the total the complete
give below a statement showing the overland movement
We
figures for to-night (Aug. 24), we add the item of exports from
week and since Sept. 1, as made up from telegraphic
the
for
the United States, including in it the exports of Friday only
reports Friday night.
The results for the week ending
1899.
1898.
1897.
1900.
and
since
24
Sept.
1
in the last two years are as follows.
Aug.
8tock at Liverpool. .....bales. 306,000 945,000 814,000 529,000
°?
°?
I
I
1
I
1
1
CO
to
11,000
6,000
4,000
Stock at London
11,000
Total Great Britain etock
317,000 956,000 820,000 533,000
8took at Hamburg
18,000
32,000
20,000
24,000
Stook at Bremen
163,000
84,000
69,000 192,000
Stock at Amsterdam
3.000
1,000
1,000
Stook at Rotterdam
200
300
200
200
Stook at Antwerp
4,000
6,000
2,000
3,000
Stook at Havre
172,000
150,000
81,000
91,000
Stock at Marseilles
3,000
6,000
4,000
5,000
Stock at Baroelona
62,000
98,000
57,000
60,000
Stook at Genoa
31,000
27,000
19,000
35,000
Stock at Trieste
6,000
25,000
19,000
16,000
Total Continental stocks
261,200 563300 447,200 318,200
Tetal European stocks.... 578,200 1,519,300 1,267,200 851,200
India cotton afloat for Europe
23,000
33.000
39,000
25,000
Amer. cotton afloat for E'rope.
58,000
39,000
58,000
29,000
T
Egypt. Brazll,&o., aflt.for E pe
11,000
12,000
15,000
17,000
Stook in United States ports..
85.173 367,671 183,498
76,426
Stook In U. 8. Interior towns..
44,934 237,110 101,461
36,941
United States exports to-day.._^ 3,660
3,655
9.623
53
Total visible supply
813,967 2,201,836 1.673,782 1,035,620
Of the above, totals of American and other descriptions are as follows.
1
Week.
American —
217,000 869,000 733,000 419,000
230.000 493,000 385,000 242,000
American afloat for Europe...
58,000
39,000
58,000
29,000
United States stook
85,173 367,671 183,498
76,426
United States Interior stocks.
44,934 237,110 101.461
36,941
United States exports to-day..
3.660
3,655
9,623
53
Total American
638,767 2,009,536 1,470.582 803,420
Bast Indian. Brazil, die.—
Liverpool stook
89,000
76,000
81,000 110,000
London stock
11,000
11,000
6,000
4,000
Continental stocks
31,200
70,300
62,200
76,200
India afloat for Europe
33,000
23,000
39,000
25,000
Egypt, Brazil, Ac., afloat
11.000
12,000
15,000
17,000
Total East India, <ko
175,200 192,300 203,200 232,200
Total Amerloan
638,767 2,009,536 1.470,582 803,420
Total Visible supply
813,967 2,201,836 l,673.7o2 1,035,620
3i7 32 ci.
Middling Upland, Liverpool..
5", 8 d.
45 S2 cl.
3Bi„d.
Middling Upland, New York..
9%o.
6Mo.
5%o.
81, 6 c.
Egypt Good Brown, Liverpool
eifld.
5Bad.
5ied.
4&i 6 d.
6^8 d.
678 d.
Peruv. Rough Good, Liverpool
7 7 i«d.
6kd.
Broach Fine, Liverpool
59, e d.
315, od.
4i,«d
39ied.
3& 16 d.
Tinnevelly Good, Liverpool...
4\d.
363 2 d.
46 32 d.
The imports into Continental ports the past week have
been 24,000 bales.
The above figures indicate a decrease in the cotton ir
sight to-night of 1,387,869 bales as compared with the same
date of 1899, a loss of 859,815 bales from the corresponding
date of 1898 and a decline of 221,653 bales from 1897.
tW
bales.
Since
Sept. 1.
Week.
Since
Sept.
1.
8Mpped—
Via St. Louis....
2,651
151
"306
109
417
.
Liverpool stook
Continental stocks
1898-1899.
1899-1900.
August 24.
861,637
227,362
11,686
12,810
212,315
135,863
321,311
3,634 1,782,984
Deduct shipments—
Overland to W.Y., Boston,
Ac.
2,551
134
2",852
33F
1,598
947,106
408,243
20,280
42,967
214,224
180,210
222,651
7,473 2,035,681
974
43
226
852,035
78,525
98,797
1,976
1,468
860,311
52,322
107,328
~ 1,243
529,357
4,337
719,961
893
3,136 1,315,720
Leaving total net overland*..
2,391 1,253,627
movement by rail to Canada.
The foregoing shows that the week's net overland movement
this year has been 2,391 bales, against 3,136 bales for the
week in 1899, and that for the season to date the aggregate net
iverland exhibits a decrease from a year ago of 62,093 bales.
*
Including
1898-1899.
1899-1900.
In Sight and Spinners'
Takings.
Week.
Receipts at ports to Aug. 24
Net overland to Aug. 24
Southern consumption to Aug. 24
Since
Sept.
1.
8,115 6,548,143
2,391 1,253,627
28,000 1,551.000
Since
Week.
Sept.
1.
28,795 8,449,012
3,1361.315.720
26,000.1,336.000
38,506 9,352,770 57,931 111007. !2
*658| U98.249 •11,341 132.991
Total marketed
nterior stooks In exoess.
Came into sij?ht during week.
Total In sight Aug. 24
69,272
37,848
9,154,521
11233723
219 2,241,013
182 1.179,641
1.
Sept.
* Decrease during week.
t Less than
In 1898 the week's movement into sight was 35,570 bales;
and
in 1897 reached 48,487 bales; in 1896 was 99,913 bales,
same
the
in
in 1895 was 19,591 bales. The totals since Sept. 1
years were 11,056,753 bales in 1897-98; 8,474,402 bales in 1896-7;
7,165,578 bales In 1895-96 and 9,780,563 bales in 1894-95.
STorth'n spinners tak'gs to
Aug.24
.
August
:
THE CHRONICLE.
25, 1900.]
Quotations foe Middling: Cotton at Other Markets.
cotton
at
Southern
Below are closing quotations of middling
and other principal cotton markets for each day of the week.
0LO8IKO QUOTATIONS FOB MIDDLIMQ OOTTOM ON—
Week ending
Aug. 24.
Satur.
Mon.
Galveston...
938
915 16
93s
91B 18
New Orleans
9
9
9k
Savannah...
9%
Charleston..
858*
8V
Wilmington.
Norfolk
95s
968
Tuet.
io
914
V
10
1018
Philadelphia
10i«
1014
Memphis....
958
95s
96a
95s
ioie
10>4
95s
95s
99i 6
99, a
10
St.
.
Louis
9%
9*9
9%
9H
Houston
Cincinnati
10 »4
.
Louisville...
1
9**
95s
"
9 9je
9
9
9
938
938
9*
938
9*
9^8
99, 6
95a
10
10
1018
10«4
958
95a
ioie
ioie
93g*
99i6
9H
9k
9H
Fri.
io
8V
958
10
Baltimore
99
9*9
10
9
8
Thurt.
Wednet.
9ifl
934
934
New cotton.
The closing quotations to-day (Friday)
1
95b
99l6
9i«
912
934
9'8
10
10
96,695a
99i6
9i«
9ifl
9%
at other important
Southern markets were as follows.
Colunibus.Miss
Eufaula
Little Rook...
9*4
93s
Athens
Atlanta
Charlotte
95a
9
Nashville
9 1*
Natchez
Raleigh
934
9H
9*3
Shreveport....
8%
Receipts from the Plantations.— The following table
indicates the actual movement each week from the plantaThe figures do not include overland receipts nor
tions.
9H
Columbus. Ga.
Montgomery...
9
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the
crop which finally reaches the market through the outports.
New
week,
403
Orleans, Louisiana.— It has rained on one day of the
the rainfall being forty- seven hundredths of an inch.
Average thermometer 84.
—
Shreveport, Louisiana. We have had rain on two days
during the week, to the extent of twelve hundredths of an
inch. The thermometer has averaged 83, the highest being
96 and the lowest 70.
Columbus, Mississippi.—There has been rain on two days
the past week, the rainfall reaching fifty hundredths of an
inch. Rains have fallen over a considerable area. The thermometer has averaged 85, ranging from 71 to 98.
Leland, Mississippi. There has been rain during the week
to the extent of sixty- four hundredths of an inch. The thermometer has ranged from 69 to 94, averaging 80*6.
Greenville, Mississippi. The first bale of new cotton was
received here on Tuesday, August 21, or nineteen days later
than in 1899.
Crops are considerably improved
Little Rock, Arkansas.
as a result of the rain. The week's rainfall has been eightyThe thermometer
six hundredths of an inch, on three days.
has averaged 84, ranging from 70 to 98.
Helena, Arkansas. Cotton has been benefited by the rain
and is now growing well. There has been rain on two days
during the week, to the extent of two inches. On one day
the rain was heavy and general. Tne thermometer has
ranged from 71 to 96, averaging 83-3.
Memphis, Tennessee.— The weather has been dry all the
week, except a shower on one day. Crops generally need
moisture. The week's rainfall has been twenty hundredths
of an inch. Average thermometer 84-4, highest 96, lowest
—
—
—
—
72-8.
Nashville, Tennessee.— Rainfall for the week thirty- nine
hundredths of an inch. The thermometer has averaged 84,
the highest being 98 and the lowest 71.
Week
leceivtt at tfe« Ports St'k at Interior Town*. Ree'vtsfrom Plant'm
Mobile, Alabama. Rain has fallen on three days of the
Ending—
1900.
1899.
1898.
1898.
1899.
the precipitation being one inch and ten hundredths.
1900.
week,
1898.
1900.
1899.
has averaged 83, ranging from 69 to 96.
thermometer
The
2,985
7,862 64,253 243,810 132,382 26,857
July 80 ... 40,879 ~16,515
Cotton has been benefited by
Alabama.
Montgomery,
17,109
121,674
237,436
"
63,408
9,728
7,372
27,954
27....
on two days during the week,
have
had
rain
We
moisture.
119,857
12,757
208
8,717
230,613
Aux. 3... 16,692 7,031 10,534 49,473
3.201
4,864
the rainfall reaching eighty- four hundredths of an inch.
"
3,867 48,159 227,402 115,641
8,065
4,515
10 ...
445 13.373
2,189
"
The thermometer has ranged from 72 to 98, averaging 85.
8,872 45.5P2 225,765 108,858
3,012 15,006
17 ...
7.457 40.136 12,876
"
8,115 28.795 20,273 44.934 237.110 101.461
24
Selma, Alabama. There has been rain on two days during
the week, to the extent of seventy- five hundredths of an inch.
receipts
total
1.—That
the
shows:
statement
above
The
highest 98, lowest 72.
from the plantations since Sept.l 1899, are 6,349,894 bales; in Average thermometer 84,
have had no rain during the week.
Madison,
Florida.
We
bales.
1897-98
were
8,704,856
in
1898-99 were 8,582,003 bales;
of rust and shedding. The thercomplaints
There
are
some
2.—That although the receipts at the outports the past
highest being 102 and the lowthe
mometer
has
averaged
90,
plantaweek were 8,115 bales, the actual movement from
est 76.
from
taken
being
the
balance
bales,
only
7,457
tions was
Savannah, Georgia. — It has rained on three days of the
Last year receipts from the
stocks at interior towns.
week,
the rainfall reaching fourteen hundredths of an inch.
1898
and
for
bales
plantations for the week were 40,136
has averaged 88, ranging from 75 to 102.
The
thermometer
they were 12,876 bales.
Augusta, Georgia. While damage is reported from the
Weather Reports by Telegraph.— Reports to us by tele- August dry weather and heat, the drought has now been
graph from the South this evening are generally of a more broken by heavy rain. There has been rain on two days
of the week, to the extent of nineteen hundredths of an
favorable character. Along the Atlantic, as well as in other
inch. The thermometer has ranged from 72 to 102, averagsections where drought has prevailed, there have been bene- ing 87.
ficial rains during the week, and our advices from a number
Charleston, South Carolina. There has been rain on five
of points indicate that cotton has improved. In Texas the days during the week, to the extent of two hundredths of an
inch. Average thermometer 87, highest 99, lowest 79.
weather conditions would seem to have been satisfactory.
Greenwood, South Carolina. We have had rain on two
Galveston, Texas.— Rain has fallen on one day of the week, days of the past week, to the extent of forty five hundredths
the rainfall being eight hundredths of an inch. Average of an inch.
The thermometer has averaged 84, ranging
thermometer 84, highest 89, lowest 79.
from 72 to 96.
Abilene, Texas. It has been dry all the week. The therCharlotte, North Carolina. While there has been rain on
mometer has averaged «3, the highest being 96 and the low- one day of the week, more moisture is desirable. Damage to
est 70.
cotton is feared if we do not have frequent showers and
Brenham, Texas.— There has been rain on two days during cooler weather. The rainfall reached one inch and seventythe week to the extent of ninety-seven hundredths of an nine hundredths. Average thermometer
82, highest 97 and
inch, on two days. The thermometer has averaged 82, rang- lowest 68.
ing from 72 to 92.
Weldon, North Carolina. Cotton is doing well. It has
Corpus Christi, Texas.— We have had showers on three rained on two days of the week, the precipitation being but
days of the past week, to the extent of thirty-six hundredths fifteen hundredths of an inch. The thermometer has averof an inch. The thermometer has ranged from 76 to 88,
aged 82, the highest being 92 and the lowest 71.
averaging 82.
The following statement we have also received by telegraph,
Cuero, Texas.—There has been rain on one day during the showing the height
of the rivers at the points named at
week, the precipitation reaching twenty- five hundredths of 3 o'clock August 23,
1900, and August 24, 1899,
an inch. Average thermometer 85, highest 98, lowest 71.
Dallas, Texas. We have had rain on one day during the
Aug. 23, '00. Aug .24/99.
week, to the extent of eleven hundredths of an inch. The
Feet.
Feet.
thermometer has averaged 82, the highest being 97 and the New Orleans...
4.4
4'7
.Above zero of gange.
—
—
—
—
,
—
—
—
—
—
—
—
lowest 67.
Henrietta, Texas.
have had no rain the past week.
The thermometer has averaged 87, ranging from 70 to 103.
Huntsville, Texas.
have had rain on one day of the
week, the precipitation reaching thirty-two hundredths of an
inch. The thermometer has ranged from 71 to 93, averaging 82.
Longview, Texas. There has been rain on one day during
the week, to the extent of two hundredths of an inch. Average thermometer 84, highest 98, lowest 70.
Paris, Texas.— We have had rain on one day of the week,
the precipitation being sixteen hundredths of an inch. The
thermometer has averaged 86, the highest being 102 and the
lowest 70.
San Antonio, Texas.— Rain has fallen on one day of the
week, the precipitation reaching one inch and fifty-eight
hundredths.
The thermometer has averaged 83, ranging
—We
—We
—
from 70
to 96.
Temple, Texas.— We have had rain on two days during the
past week, to the extent of fifteen hundredths of an inch.
The thermometer has ranged from 60 to 93, averaging 77.
Memphis...... ........ .Above zero
Above zero
Bhreveport....
Above zero
Vioksburg
Above zero
Nashville....
of
of
of
of
gauge.
gauge.
gacge.
gauge.
2-8
1-7
2'7
60
Georgia Agricultural Report.— Under date
Aug.
8-6
20
3-2
14'8
of Atlanta,
Commissioner Stevens, of the Georgia Department
of Agriculture, issued a report on cotton, which was in part
18,
as follows
The reports from the different counties of the 8tate show a percentage of 97 for the year 1900, as compared with the acreage of 1899.
This is 3 per cent less acreage and gives us only 3,096,650 acres for
the year 1900 in this State, as against 3,192,422 acres for the year
1899. Again, our crop reports show an average condition and prospects of the cotton crop on August 1, 1900, to be only 74 per cent of
an average crop. Now, since the average crop is 1,295,800 bales for
the past 5 years, then, as the condition shows 26 per cent off of the
average oondition, it will be readily seen that we have a result of 958,892 bales for the vear 1900-1901. 'We do not take into account that
the acreage is 3 per oent less in 1900 than the year 1899 in making up
this estimate, whioh will reduce the output to about 930,000. However, much depends upon the conditions which may prevail during
the months of August and September. The deterioration of condition
,,f the present crop is largely due to the extreme rains, drought in July
a nd continued lack of proper cultivation.
.
.
.
THE CHRONICLF.
404:
Movement from all Ports. — The receipts
at Bombay and the shipments from all India ports
rvoL. LXii,
1899-1900.
India Cotton
of cotton
for the week ending Aug. 23, and for the season from Sept.
to Aug. 23 for three years have been as follows:
Receipts at-
Since
Week.
Bombay
Sept. 1.
For the
Sept. 1.
5,000 1,798,000
1.
Exports
from—
Great
Britain.
Continent.
Great
Britain.
Total.
Total
Sept. 1.
Since September
Week..
Savannah
Charleston, &o.
Florida, Ac
Since
Week.
9,000 2.071.000
912,000
3,000
Since
Week.
Continent.
Total.
The exports
—
1899,
72,253
7,772
17,101
53,597
29
97,126
67,400 2,139
82
255
5,642
8,161
6
343
—
—
—
24
Since Sept.
1,
1899. Forth'* Mills.
107,000
530,000
447,000
124,000
545.000
461,000
Exports
2,000
17,000
15,000
14,000
2.000
3,000
1,000
2,000
3,0u0
1,000
3,000
5,000
4,000
32,000
34,000
34,000
35,000
39,000
38,000
Savannah.
l.ooo
1,000
2,000
1,100
6,000
2,000
2,000
15,000
18,000
5,000
21,000
20,000
7,000
2,000
5 000
2,000
2.000
8,000
2,000
9,000
13,000
16,000
91,000
127,000
128,000
100,000
140,000
144,000
Total 1898-9
6,000
9,000
5,000
7,000
12,000
5,000
35,000
35,000
36,000
245,000
709.000
614.000
280,000
744,000
650.000
Exports of Cotton Goods from Oreat Britain.— jbeu w
give the exports of cotton yarn, goods, &c, from Grt at
Britain for the month of July and since October 1 in
1899-1900 and 1898-99, as compiled by us from tne British
It will be noticed that we have
Board of Trade returns.
1,000
1,000
2,000
.
1897-98..
This
Since
week. Sept. 1. 1900.
29
Week Ending Aug.
1898-99
Stock.
for the week ending this evening reach a total
of
bales, of which
bales were to Great Britain,
to France and
to Bremen, and the amount forwarded to
Northern mills has been 151 bales. Below are the export s
for the week and since Sept. 1 in 1899-1900 and 1898-99.
Bombay—
1899'00..
1898-1899.
This
Since
week. Sept. 1
1
1897-98.
1898-99.
1899 1900.
Receipts to Aug. 24.
from—
Great Fr'nce
Great Fr'nce
Bril'n.
Total. Brit'n.
&C.
Since
Week. Sept.l.
Total.
<6c.
Caloutta—
1899-'00..
1898-99..
1897-98..
New
Madras—
1,000
1899-'00..
1898-99..
1897-98..
All others—
1898-99..
1897-98..
3",6b*6
Total all—
1899'00..
1898-99..
1897-98..
1,000
3,000
According to the foregoing, Bombay appears to show a
decrease oompared with last year in the week's receipts of
Exports from all India ports record a loss
6,000 bales.
of 5,000 bales during the week and since September 1 show
a decrease of 464,000 bales.
Alexandria Receipts and Shipments op Cotton.Through arrangements we made with Messrs. Davis,
Benachi & Co., of Liverpool and Alexandria, we now
receive a weekly cable of the movements of cotton at
Alexandria, Egypt. The following are the receipts and
shipments for the past week and for the corresponding
week of the previous two years.
Alexandria, Raypt,
1899-1900.
August 21.
1898-1899.
1.000
6,436,000
This
week.
Since
This
week.
Sept. 1.
3.000
6,519,000
Since
Sept. 1.
This
week.
reduced the movement
'99-'00
Lbs.
22.119
2.000 402.000
2,000 423,000
340,000
2,000 386,000
2 000 348,000
4,000 825,000
2,000 726,000
5,000 830 000
In 1898-99,
report received by cable
to-night from Manchesiei states that the market has been
quiet for both yarns and shirtings. Tha demand for both
yarn and cloth is poor. W> give tbe prices for to-day below
and have those for previous weeks of this and last year for
comparison.
1899.
8 * lbs. Shirt Oott'n
lb*. Stort- CoW*
32* Cop. ings, commoti Mid. 32s Cop. 8H
ings, common Mid
Twist.
Twist.
to finest.
Uplds
to finest.
Upldt
1
d.
8*4
27 8*6
Aug. 3 8
" 10 8*8
« 17 S
" 24 8
d.
s.
d.
s.
d.
d.
®9
®9
5
4i«»7 9
5
a8 78
5
5
®7 8
5^
3 ®7 1h 57 1B
4 ®7 9
51»32
51« 32
3»s»7 9
5U 16
3 ®7 8
3>
8?8
«8 s
®8 78
7
5
5
4
d.
5i"3', 5i3
d.
18 -6U„
5i3 ie -6ii, 6
5l3 !a-6ll 16
5 78 ®t>3i
5 78 -a6H
5l5,A-613.„
s.
d.
4
3*337
s.
d.
A.
l*a
33s
338
338
315 S2
4 Z^ol
4 4 97
4 4^91
4 4»«a7
2
2
2
4
2<«
5
pounds.
Cloth.
1693-99 1899-'00
Lb*.
24.253
total o) AH.
Yds.
'99-'00
1898-99
Yds.
1808-99 1899-'O0
1895-99
Lbs.
Lbs.
446.899
427,823
89.97;
Lbs.
112,39*
108.693
83,499
84,440
80,83f
104,496
103,181
499,56)
80.826
T.ht
20,997
22,326
18,106
23,474
426,487
94,391
99,232
117.865
Tot.lst quar
61,82i
70,052 1.844,17? l,374,28a 254,302 259,66.
316,124
329.719
January
February
19.803
20,836
17,14-
19.8*7
20.407
22.76C
66,790
64,00ft 1,370,131
...
mos
Total 6
Total 9
mos
464.047
439,312
453.653
87,755
85,770
107,55r>
K 6.606
434.194
83,077
82,i 91
102.498
466,772
467,754
88,27(
88.86t
100.217
108,11"
1,355,601 259,102 258.297
315,892
820.300
118.612 134,055 2,714.30fr 2,729.881 513,404 515,964
832,016
650.018
111,198
16.787
19,926
407,576
16.630
19,78*
429,265
13,648
18.919
336,595
47,039
£8.631 1,223,485 1.314,973 281,360 248,61;
278.899
307.248
165,651 192.680 3,937,741 4.044,867 744,764 764,579
910,416
957.265
101,13e
110.892
16,471
19.826
431,660
431,008
452,305
77,075
81,61.
93,842
101.538
81,177
81,488
97,807
101.274
73,108
85,51;
86,750
104.434
3>7
lifl
37
16
8"s9
East India Crop.— Under date of Simla, August 12, the
London "Times'' correspondent telegraphed as follows:
Steady rain continued in Gujerat and Rajputana, while heavy local
have occurred in the PuDjaub. The only question nowis whether
the monsoon will last into September. The present signs are favor-
Sundry
481.621
85.665
91.057
6f5
24,216
21,413
article
817
n lanufacti
1.036.J83 1.090.225
The foregoing shows that there has been exported from tie
United Kingdom during the ten months 1,036,583,000 lbs.
of manufactured cotton, against 1,090,225,000 lbs. lasi year, or
a decrease of 53,642,000 lbs.
A further matter of interest is the destination of these
exports, and we have therefore prepared the fellow id g
statements, showing the amounts taken by the principal
countries during July and since October 1 in each of the
last three years.
EXPOBTS OF PIECES GOODS AND YARNS TO PBINCIPAL COONTBIE8 IN
JULY AND FROM OCTOBBB 1 TO JULY 31.
July.
Piece Hoods— Yards.
(000* omitted.)
1
dast Indies
Turkey, Egypt and Africa.,
Jhlna and Japan
Surope (except Turkey)...
iouth America
Vorth America
Vll other oountries
Total yards.
Total value.
falls
able.
900.
1899.
Oct. 1 to
1898
1899-00.
July
1898-99.
31.
1897-98.
198.161 218,789 198,429 1,850,313 2.101,353 1.963.115
58.5 1 6i,81t 60,882
669,095 672.573
617,889
50.12» 66.188 52,16
851,98489,076
460.709
21,696 23,80- 20,619
249.881
254.927
246,57b
62.180 61.8U3 61.426
H78.971
400.7e4
445.131
25.578 27.327 17,36f
296 097
184,147
246.286
60,705 41,021 38,368
284.864
340,5j6
328,983
152.699 481.021 449,231 4.390,740 1 526.478 4.216.753
£4,824 £4.633 t4,l84
£38.968
£41.101
..41,097
Yarns— Lbs.
Cotton Crop Circular.— Oar Annual Cotton Crop Review
will be ready in circular form about Thursday, September 6,
Parties desiring the circular in quantities, with their business
card printed tuereon, should send in their orders as soon as
possible, to ensure early delivery.
(000* omitted.)
dolland
2.352
Jermany
Oth. Europe (except Turkey)
2.20i-
Sast Indies
Jhlna and Japan
2.4 S?
Turkey and Egypt
ill
other oountries
Total
Total value.
lbs
Jute Butts, Bagging, Etc.—The market for jute bag
ging has continued quiet during the past week at firm but
unchanged prices, viz: 7%c. for \% lbs. and 8c. for 2 lbs.,
standard grades.
Car-load lots of standard brands are
quoted at 8@8^c, f. o. b., according to quality.
Jute butts
dull and nominal at l%c. for paper quality and 2%c. for
bagging quality, new crop.
Sea Island Cotton Movement.— We have received
452.999
Stockings and Rnfiks.
Total exports of cotton
Manchester market.- Oar
«•
9,005 35.45C
December
51,155 bales; In 1897-98, 53.633 bales.
J'y20
26,445
151
3,000 482,000
Aoantar Is 98 pounds,
Of which to America 1u 1899-1900, 70,147 bales;
1900.
7,773 46,161
November...
July
Total Europe
38,388
475.979
441,709
Tot. 3d quar.
To Liverpool...
all to
Yarn&Thread.
1.
Exports (bales)—
6"616
000* emitted.
Since
Sept.
4,516
0,792
1,346
16,994
C
we
1897-1898.
3,000
5,583,000
3,111
Balt.,&o
Tot. 2d quar.
Receipts (oantars*) . .
This week
Sinoe Sept. 1
15i
3,257 36,434
2,1*00
York..
Boston
Total
1899-'00..
t
33,177
3,111
.
Oharl't'n,&c
Florida, &o.
this
(Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week. The
receipts for the week ending to-night (Aug. 24) and since
Sept. 1, 1899, the stocks to-ni^ht, and the same items for the
corresponding periods of 1898, are as follows.
1.921
927
1,307
1,669
2,094
3,6)2
2.9S3
3,107
2,051
1.935
2,791
8,83*
21.898
28.848
8,709
22,f0i
S1.74H
16,330
2,556
2,111
1,504
2,084
1,111
12,871
17,206
17.59S
£829
i«7i
£660
23.882
30.104
87,281
86.aa<i
16046
15,012
19.281
22,024
15.3o9
151,977
£6.798
187.973
8,815
Jt
Government Weekly Cotton Report.— Mr. James
31.094
34,316
39.401
43,725
80,016
26.616
14,703
818,878
JL-.""6
Berry,
Chief of the Climate and Crop Division of the U. S. Weather
Bureau, made public on Tuesday the following telegraphio
reports on the crop in tbe Southern States for the week ending Aug. 20
Virginia.— Drought remains unbroken, except for showers over
small and widely-scattered localities; day temperatures high.
North Carolina.— Beneficial rains in central northeast counties,
but drought and intense heat continued over larger portion of State;
cotton fair on day, poor on sandy soil, shedding and opening prematurely; no fresh blooms; pioking begun.
Sooth Carolina.— Drought relieved in places, but extreme heat and
dryness caused cotton to open premature ly. to shed and atop growing;
prospects for middle and top crops poor; picking general.
:
.
—
:
August
25
CHRONICLE.
(Hb
1900,J
Georgia.— Continued hot and dry, except heavy showers over limited areas, no general benefit; cotton prospects gloomy; Impossible
now to make full yield; rust, shedding and premature opening conFLORiDA.-Hot, dry weather; cotton shedding and suffering from
much below average.
Alvba ma.— Continued heat and dryness, except a few scattered
moderate rains; all crops needing moisture, especially cotton, whioh
is fruiting slowly, shedding freely, some openinsr prematurely; picking
rust; crop will be
•.•«_'',
progressing slcwly.
Missi-bippi.— Dry, hot week, except in few oounties. where showers
were sufficient to improve cotton, which is beginning to open; it la
shedding badly and its growth has been retarded.
Louisiana.— Weather favorable to farming interests cotton improved, but complaints of light fruiting, shedding, boll worms and
;
rust continue.
Texas.— Weather favorable for farming operations, except showers
cotton improved, except damage
in south portion 19th and 20th
from shedding; rust, Mexican weevil and boll worms reported In many
;
localities; early cotton opening in all sections, picking progressing,
will not become general, with favorable weather, before Sept. 1.
but
Arkansas.— Excessively hot, dry weather; looal showers not sufficient to benefit crops; ootton shedding rapidly; badly injured in most
sections; opening in some localities.
Tennessee.— Looal rains first of week, also 17th, generally light and
insufficient for substantial relief of crops; ootton fairly good, except
on unlands: tome rust and shedding.
Oklahoma and Indian Territories.— No
dry winds
badly ('amazed all late crops; cotton picking commenced; crop is
seriously damaged over some localities and shedding top bolls; late
ootton will be cut very short unless rain comes soon.
These reports on cotton are summarized by the Department
as follows
A slight improvement in the condition of ootton is reported from
portions of Mississippi and Louisiana, where, however, complaints of
insects, shedding and slow growth continue. Over the eastern portions of the cotton belt the reports are generally unfavorable, indicating premature opening, shedding and prevalence of rust. In Tennessee, Arkansas, Oklahoma and Missouri the rerjorts are also unfavorable,
rust and premature opening being general. In Texas the crop, as a
whole, has improved, but is shedding, and has sustained damage from
rust and insects in
many
hot.
rain;
.
Week Ending—
Avg.
Aug.
Aug.
3.
10.
17.
Aug.
24
Total
since
period
previous
Sept. 1.
year.
5,552
2J0.587
311,041
465
389
36,536
1,249
30.878
2,261
465
388
37,78f
33,139
Bremen
2,578
1,886
2,994
Hamburg...
Other ports.
"524
143
60
275
641
l,f03
400
120,07f
23.73S
36,346
127,082
21,026
46,465
2,164
150,153
194,573
472
91.70P
22,070
103,594
3,180
5,552
tot. to Gt, Brit'n 12,196 2,877
3,566
Other French ports.
3,102
200
Spain, Italy, &c.
All other
Total Spain, Ac
Grand Total
2,088
3,910
1,75?
161
1,616
200
1,75?
1,616
472
113,779
15,963
6,750
9,092
8,577
562,304
645,527
The Following are the Gross Receipts of Cotton
New
York, Boston, Philadelphia and
week, and since Sept. 1, 1899.
New York.
from—
Since
Sept.
1.
N. Orleans
3^3
316.092
Texas
334
Savann'h &c
Mobile ..
360
157.76S
16^,314
Florida
So. Carolina
No. Carolina
Virginia
North, ports
Tenn., &c
.
Last
year....
This
week.
Baltimore.
Mn.ce
Sept.
1
.
This
week.
Since
Sept.
1.
This
week.
Since
Sept. 1.
Steamer Norseman, 841
Liverpool -Aug.
76,037
163,42i
27,312
13,969
1,000
141,016
E3
49,13;
888
103,477
3,2:6
3,276
66.36T
1,838
319,560
61,131
1.8081
875.269
98,5<-5
119
20
1C9.949
118,981
33.65
?,°41
64,012
801.10)
2.9-0
680,016
3.329
4,771 1,030,166
2,207
908.016
124
80.136
1,032
Shipping News.
—
cbe
As snown on a previous
exports of ootton from the United States the past week have
reached 18,402 bales. The shipments in detail, as made ur
from mail and telegraphic returns, are as follows:
New York—To
3,129
3,129
331
281
..— .„
18,402
of
the
foregoing
particulars
shipments, arranged in
The
onr usual form, are as follows.
(treat French Oer- r-Oth.E'ropc—> Mexico,
Brit'n. ports, many. North. South
dc. Japan. Total.
389 2,00 5
161
472 mmmmm ....•
8,577
New York. 5,552
390
....
50 ...... ......
•«• ••»•
440
N. Orleans.
643
643
Pensaooia.
138
138
mmmmm
••«
Norfolk....
Total
Boston....
Baltimore.
4,863
3,129
Phil'delp'a
281
•
"331
389 2,522
lotal..- 14,853
*
•*
4,863
3.460
awMi
281
472
161
18,402
To Japan since Sept. 1 shipments have been 18,076 bales
from New York, 5,050 bales from Baltimore, 43,240 bales
from Galveston, 35,359 bales from New Orleans, 9,650 bales
from Pensacola, 14,352 bales from Savannah and 172,002
bales from Paoiflo Coast. To Cnina. 8,132 bales from New
York, &c.
Ootton freights at
New York
week have been
the past
as follows.
Liverpool
c,
25
Havre
c.
31%
Bremen, Sept
6.
Hon,
c.
c.
Rotterdam
c.
Reval, v.Br-Hamc.
Do
Do
Wednes. Thurs.
tuts.
25
25
35*
45
37 %
33
35
40
40
35
33
35
40
.c.
Hamburg
Amsterdam
J"H.
36*
25
35*
35*
45
45
45
25
45
45
37%
37*2
37%
37%
33
35
40
33
35
40
33
35
40
35
35
40
25
v. Hull...c.
40
35
45
30
v. St. Pet.c.
Genoa
c.
Trieste, asked... c.
Antwerp
e
40
40
35-37%
35- 37ia
45
45
30
30
40
40
32-37% 35-37%
45
45
30
30
4,0® 4 5
35
45
30
Ghent.v.Antw'p c.
36ia
36*2
36%
36%
36%
36%
Quotations are «encs per 100 lbs. or fractions of a penny per lb.
* And 5 per cent
folio? s
ing statement of the week's sales, stocks, &o., at that port,
Aug. 3
Sales of the
week
bales
Of which exporters took...
Of which speculators took.
Sales American
Actual export
Aug. 10
Total import of the week
Of whioh American.........
Amount afloat
Of whioh American
Aug.
17.
Aug. 24.
19,000
1,000
17,600
1,100
20,000
1,200
600
500
15",0"66
15,000
3,000
27,000
315,000
221,000
42,000
31,000
59,000
50,000
16,000
4,000
? 0,000
310,000
21»,000
29,000
27,000
49,000
37,000
15,000
8,000
32,000
306,000
217,000
36,000
2^,000
32,000
25,000
3,000
39,000
304,000
215,000
28,000
24,000
53,000
47,000
Forwarded
Total stock— Estimated
Of whioh American— Est'd.
20,000
1,400
The tone of the Liverpool market for spots and futures
eaoh day of the week ending Aug. 21 and the daily dosing
have been as follows.
prioes of spot ootton,
Spot.
Market
M
Mid. Upl'ds.
sales
Spec & exp
Sat'day.
Monday. Tuesday. Wed'day Thursd'y Friday.
Steadier.
Dull but
5^8
steady.
5"8
2,000
3,000
200
300
Steady
I
1:45 P. M.J
4p
9,3flf
415
Quernmore,
To Hamburg— Aug. 14—Steamer Bengalia, 331
Philadelphia— To Liverpool -Aug. 17— Steamer Ikbal, 281..
Market
ret,
45,fc9d
3,772
4,863
14-Steamer
Baltimore— To
Market,
ket,
10,804
1
643
138
Quiet.
More
demand.
Quiet.
Dull.
5%
521 32
5Hi6
2,000
4,000
3,000
3,000
200
300
500
5"ia
Futures.
64,694
139
.
Total
643
(additional),
Norfolk— To Hamburg— Aug. 20— Steamer Mountoswald, 138
Boston—To Liverpool— Aug. 14— Steamer New England,
Aug. 17— Steamer Saxonla, 17
Aug. 18 —
4.005
Steady.
18,96*
.
Foreign...
To Hamburg— Aug. 18 - Steamer Numidia, 60
Penbacola—To Liverpool— Aug. 17— Steamer Nioaraguan
1:45 p
Receipts
This
week.
at
Baltimore for the past
PHILADELPH'A
Boston.
390
50
.......
...
84,572
106,774
.
390
-.-..
•
Liverpool.— By cable from Liverpool we have the
226,4 69
2,481
1,085
Tot.toNo.Europi
Liverpool— Aug. 21— Steamer Astronomer.
.
Same
167,248
63.33S
Liverpool
11,346 2,702
175
Other British ports.
850
Total French...
Total bales.
New Orleans—To
Satrtr.
of the New
York Cotton Exunantfe on Tuesday, by a vote of 89 to 7,
decided to make September 1 a holiday. Labor Day recess
will consequently extend from Friday afternoon, August 31,
to Tuesday morning, September 4.
The Exports of Cotton from New York this week show
a decrease compared with last week, the total reaching
8,57? bales, against 9,092 bales last week. Below we give
our usual table, showing the exports of cotton from New York,
and the direction, for each of the last four weeks; also the
total exports and direction since Sept. 1, 1899, and in the last
column the total for the same period of the previous year.
EXPOR TS O F COTTON (BALES) FROM NEW YORK SINCE SEPT 1.J.899.
Havre
405
localities.
New York Cotton Exchange. — The members
Exported to—
.
.
I
J
Liverpool, per steamers American, 4,184
6,552
a 89
1,603
..
..
.
...
400
161
69
190
125
83
Quiet but
steady.
Steady at Quiet at
Steady at
2-64
@3
64
vance.
advance.
Dull.
Steady.
Quiet.
1
tS4«t2 64
decline.
partially
1-64 dec.
Barely
Quiet.
steady.
Quiet.
The prioes of futures at Liverpool for eaoh day are given
below, Prioes are on the basis of Uplands, Low Middling
clause, unless otherwise stated.
Sat.
Mon. Tneg. Wed. Tlinrs. Frl.
Aug. 18. Aug. 20. Aug. 21. Aug. 22. Aug. 23. Avg. 24.
12%| 1 1:45 4 1:45 4 1:45 4 1:45 4 1:45 4
P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M.
page,
total oaia.
Cymric 1,368...:.......
.
To Havre, per steamer Fournel, 389
To Bremen, per steamer Koenigen Luise. 1,603
To Hamburg per steamer Bulaaria, 400...
To Antwerp, per steamer St. Cuthbert, 161
To Genoa, per steamer Alsatia, »9
To Naples, per steamer Kaiser Wllhelm II., 190.
To Trieste, per steamer Pocasset, 125
To Venice, per steamer Pocasset, 88
m.
ai
1-64 ad-
d.
August
Aug.-Sept...
Sept. -Oct....
Oct.-Nov....
Nov. -Deo...
5 26
5 13
4 58
4 47
4 42
d.
d.
d.
d.
5 26 5 26 5 26 5 28
5 13 5 12 ft 12 5 15
4 58 4 59 4 59 4 62
4 47 4 48 4 48 4 52
4
Dec-Jan.... 4 39 4
Jan.-Feb.... 4 37 4
d.
d.
d.
Feb.-Moh... 4 36 4
Mch.-April.. 4 35 4
April- May
4 34 431
d.
d.
34 5 30 5
5 16 ft 12 5
4 62 4 60 4
4 52 4 50 4
4 47 4 45 4
4 44 4 42 1
4 42 440 4
4 41 4 39 4
4 40 4 38 4
4 34 4 34 4 39 4 39 4 38 4 40 4 39 4 37 4
5 28 5 30 5 32
5 14 ft I ft ft 16
4 62 4 62 4 63
4 52 4 52 4 5vl
42 4 43 4 43 4 47 4 48 4 47 4 48
39 4 40 4 40 4 44 4 45 4 44 4 45
37 4 38 4 38 4 42 4 43 4 42 4 43
36 4 36 4 36 4 41 441 4 40 4 42
3=) 4*5 4 3ft 4 40 4 40 4 39 4 41
ft
d.
d.
26 5
11 5
58 4
48 4
43 4
40 4
34 4
37 4
26
10
56
46
42
39
37
3t>
36 4 34
35 4 34
:
.
THE CHRONICLE.
406
BREADSTUFFS.
Friday, Aug.
24, 1900.
wheat
flour
Early in the week business in the market for
was quiet, a decline in the grain having an unfavorable influence. Subsequently, however, prices for wheat began to
stiffen, being followed by an increased inquiry for flour,
with the result that before the close of the week the local
trade took a fairly good line of spring patents, but at inside
figures, and there also was a better inquiry from exporters.
City mills have been steady and a fair business has been
transacted for shipment to the West Indies. Rye flour has
continued to sell slowly and prices have weakened slightly.
Corn meal has had only a jobbing sale and the tendency of
prices has been slightly in buyers' favor.
Speculation in wheat for future delivery has been slightly
more active. Immediately following our last report the tone
of the market was easier, prices losing about lc. per bushel.
The weakness was due to decidedly weaker European advices, absence of a cash demand, improved weather conditions in the Northwest for harvesting, continued full crop
LXM,
[Vol.
DAILY CLOSING PRICES OF NO. 2 MIXED OATS IN CHICAGO.
Wed. Thurs. Fri.
Mon. Tues.
Sat.
August delivery in elev.. 21%
21%
21%
21%
21%
21%
Sept. delivery in elev.... 21%
22
22
21%
21%
21%
Oot.delivery in elev
22%
22%
22
22%
22
22%
Offerings of rye have have been limited and prices have
been well maintained.
Barley has been in good demand
and
firmer.
Following are the closing quotations:
FLOUR.
Fine
©2 50
®2 70
®2 75
©2 90
®3 50
®3 90
®4 75
$2 40
2 55
2 65
2 50
2 90
3 60
4 00
Superfine
Extra, No. 2
Extra, No. 1
Clears
Straights
Patent, spring
(Wheat flour in sacks
sells at
o.
....
Q>2 55
Brandywine
2 60
prices below those for barrels.)
o.
o.
81%»83
28
9
2 50
Western, etc
Western
State and Jersey
Barley—Western
Feeding
®29
o.
42%®45%
43%®45%
43%®45%
45 ©46%
51%®56%
52 ©57
51%958
Western white
Rye, per bush—
Oats—Mix'd, p. bush. 25%®28
White
27%®34
No. 2 mixed
26 ®27
No. 2 white
®4 50
®3 55
Buckwheat flour
Corn meal-
GRAIN.
Corn, per bush.—
Western mixed.
85%©87%
No. 2 mixed
83%»85
Western yellow
79%®81%
Wheat, per busn.—
Hard Duluth, No.l
N'thern Dul., No.l
Red winter, No. 2.
N'thern N.Y. No.l.
®4 00
Patent, winter.... $3 85
City mills, patent.. 4 20
Ryeflour.superflne 2 90
40
©47
Government Weekly Grain Report. —Mr. James Berry,
movement and further liquidation by tired speculative hold- Chief of the Climate and Crop Division of the IT. S. Weather
Monday there developed a steadier tone, and during the Bureau, made public on Tuesday the telegraphic reports on
ers.
grain crops in the various States for the week ending
week prices gradually hardened, more than recovering the the
August 20 as follows
The developments have
loss experienced on Saturday.
Weather.—This is the third week of excessive heat over the greate r
:
European
favorable to the market.
have been stronger and unsettled weather has
again been reported from the United Kingdom. Latest
advices from the Northwest have a tendency to bejmore pessimistic as to the yield of the crop; weather conditions in
the Northwest also have been unfavorable for harvesting the
crop. The export business has improved. Advices from the
interior have reported millers as fairly good buyers of wheat,
and the advices received from the winter -wheat belt indicate
a steady falling off in the crop movement from now on.
Speculative sentiment also has appeared to have changed,
there being more disposition shown to buy than to sell the
market. Business in the spot market has been fairly active,
exporters being freer buyers, and prices have advanced.
To-day the market was stronger in response to firmer foreign advices and reports of small interior offerings. The
spot market was fairly active. The sales for export here and
at outports were 425,000 bushels.
DAILY CLOSING PRICES OF NO. 2 BED WINTER IN
YORK.
been
generally
advices
NEW
Sat.
Cash wheat
f.
o.
b
Sept. delivery In elev
Deo. delivery In elev
May
Mon.
7858
77^
78%
77^
79*4
79 1a
lues.
79^4
78
79 7s
delivery in elev
Wed.
79%
78^
Thurs.
81i«
79%
Fri.
81%
80>a
81*2
80
82
82%
83 7s
84^4
DAILY CLOSING PRICKS OF NO. 2 SPRING IN CHICAGO.
Mon.
Sat.
Tues.
Wed. Thurs.
Fri.
73i«
71 7s
Aug. delivery In elev
71%
72%
74%
743s
72
73
74*3
73%
Sept. delivery in elev.... 72*8
74%
73
74%
75^
Oct. delivery in elev
75%
72's
73?e
Indian corn futures have been quiet, and as the weather
news has been the dominating factor the tone has been unsettled.
At the close of last week prices showed a fractional
decline under realizing sales by recent buyers and in
sympathy with the decline in wheat. During the week the
tendency of prices was upward, owing to the receipt of ad
vices, particularly from Kansas, reporting crop deterioration
as the result of hot, dry weather. The speculative interest
shown in the market has been small, and with only light
buying the advance in prices has been only fractional. Statistically the position of the market has been a strong one,
and developments in the nearby deliveries, particularly in
the Western market, have been closely followed. Business
in the spot market has been less active, as the prices ruling
have checked the buying by exporters. Today the market
was easier under reports of good rains in the corn-belt. The
spot market was moderately active; the sales for export here
and at outports were 440,000 bushels.
DAILY GLOBING PRICES OF NO. 2 MIXED CORN IN
YORK.
Sat.
Wed. Thurs.
Mon. Tues.
Fri.
Cash corn f. o. b
45*8
45*4
45*2
45"4
45 78
45%
44i«
44i«
Sept. delivery in elev
43%
44
43 7a
43%
Deo. delivery In elev
4<»%
40
40^
40%
40%
40%
May delivery in elev
40*2
40
40%
40%
40%
40%
DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN CHICAGO.
Wed. Thurs.
Sat.
Mon. Tues.
Fri.
August delivery in elev.. 39
40
39%
39%
39%
39%
Sept. deli very in elev.... 38*fl
39*4
38%
39 12
39%
38%
NEW
Oct. delivery in elev
37%
37%
38%
38%
38*4
part of the country east of the Rocky Mountains, and while intensely
warm from the Middle Rocky Mountain slope and Upper Missouri
Valley eastward to the Atlantic Coast, a large part of the central valleys and portions of the Middle Atlantic States and New England
have been favored with abundant rains. Western Nebraska, Kansas,
Southern Missouri, and an area extending from Oklahoma eastward
over Arkansas to Central Tennessee, as well as portions of the Middle
Atlantic and East Gulf States, are suffering more or less seriously
from drought. Rain is also needed in Washington and Oregon, and
while continued cool weather in California has been favorable to
crops, it has retarded fruit drying.
Corn.— In Western Nebraska, Kansas. Central and Southern Missouri, and Southern Illinois, corn has Buffered much from drought and
intense heat, but in other portions of the principal corn belt, although
injured to some extent by storms, the crop has experienced very favorable conditions, and has made rapid progress toward maturity. While
the bulk of the crop in the Southern States is made, late corn has been
greatly shortened over a large part of this section, as well as portions
of the Middle Atlantic States, by the intense heat and lack of moisture
during the past two weeks.
Spring Wheat.— Spring-wheat harvest has been completed in Minnesota, but frequent rains in the Dakotas have prevented its completion in those States and caused injury to grain in shock and stack, and
the over-ripe, unharvested grain is shelling badly. In Washington
and Oregon the weather conditions have be«n favorable for harvesting the yield in both of these States is reported as disappointing.
Oats.—Considerable injury to unthrashed oats is reported from the
States of the Upper Mississippi and Upper Missouri Valleys as a
;
result of
—
The movement of breadstuffs to market as indicated in the
statements below is prepared by us from the figures collected by the New York Produce Exchange.
The receipts at
Western lake and river ports for the week ending Aug. 18,
and since Aug. 1, for each of the last three years have been:
:««i»ti
at—
No. 2 mixed in elev
No. 2 white in elev
26
26
26
2c>
28%
28%
28%
28%
28
Wed.
Thurs.
3*1.
_
6.640,877
2,056,005
6,318,480
iame wk.'OO.
8,887.904
3,334,321
4,909,693
3amewk.'98.
266.516
3,988,113
3,661,832
4,266,082
1.079,657
1,252,546
808,468
18.884,086
8,152,367
13,979,190
11,816.053 11,883,833
13.367.668
Since
Am.
9,491,657 10,787,255
618.857
684,376
250.840
9,985,896
The receipts of flour and grain at the seaboard
week ended Aug. 18 1900, follow
F.our,
Hteeivtt
at—
Sew York
3oston
Montreal
.„
Phlladelpaia
Baltimore
Klohmond
*ew Orleans*
Norfolk
Galveston
Portland,
Me
Total week
Wheat,
bblt.
bush.
169,442
46,192
18.900
77,215
70,017
57
'i-*'
,
18.790
*51
888,476
809,585
800,000
240,879
312,107
8.848
12 4,0 90
•
••••
128,611
198,325
4,292
1,924.975
631,295
950,000
201,070
849,009
Oati,
bush.
089.800
91,706
90.000
100,840
201,014
279.568
299,780
£95.141
ports for
Burltt
buth.
69,400
DIM*
18,625
1.455
11,600
14,810
89,055
80.1(1(1
53,000
3,902
?00
393.003
407,829
2,033.908
g.471.081
Week
26
28
ports on through bills ol lading.
1899
Corn,
buth.
1
851.138
80,828
Fri.
*
81.765
230,174
805.762
126,692
1.
1900
1899
1898
37%
NEW YORK.
Barltv.
Oats.
863,312
407,911
Tot.wk.1900
Pensaoola
Tues.
Corn.
.
steady.
Mon.
26
Wheat.
flour.
Bbli.ioeibt Bush.SOlbt Bu»h.56Zbs Buth.32lls Buth.iSlb: Bu.68 lb'
107,050
80.475
1,703.660
816,460
8,196.708
87,475
Chloago
67,200
119,000
127,200
18,300
119,000
102.000
Milwaukee
111,000
201,633
43,908
6.680
13,919
8,180
2,692
1,167.740
42.600
59.530
4,100
167,730
Minneapolis.
16,695
319,207
214,193
568,700
8,900
14,100
65,181
40,302
6,400
69,726
43,805
108,287
601,294
Cleveland...
10.900
252,016
1,202.851
2,260
42,675
240,045
3t. Louis ....
700
10,900
314,000
6.100
6,709
281.600
104,250
1,812,000
58.800
Kansas City.
the
Sat.
rains.
continues promising, but In the Important apple States of the Central
Valleys the reports generally indicate further deterioration, although
the outlook in some sections is encouraging.
Plowing. More favorable progress has been made with plowing for
fall seeding than in the previous week over the Northern districts, but
this work has been but little advanced in portions of the Middle Atlantic States and the Lower Missouri Valley.
Oats for future delivery at the Western market have been
quiet, and only slight and unimportant changes have occurred in values. The crop movement has been fairly full,
but as business has been fairly active and there have been
some crop damage reports from Illinois, this has served to
hold values to a steady basis. Locally the spot market has
held steady for mixed oats, but white oats have sold at lower
prices.
Business has been moderately active with both exporters and the home trade buying. To-day the market was
DAILY CLOSING PRICES OF OATS IN
heavy
Tobacco —Tobacco is needing rain in portions of Kentucky, Tennessee and the Middle Atlantic States, but elsewhere the crop has
made good progress, cutting being general.
Apples.— In New England and New York the prospect for apples
4,052,417
8,817,088
1,839.546
2,092.758
Receipts do not include grain passing through
New
31.4S0
l08.1oJ
Orleans for loremn
.
i
August
THE CHKONICLE.
25, 1900.]
Total receipts at ports from Jan.
follows for four years:
1
to Aug. 18,
compare
as
.bbli
1900.
13,176,478
1899.
13,159,879
1898.
11.868,245
16,668,620
Wheat.
.bnm
~68.107.318
46.614,019
7,605.866
1,724,689
72,027,905
121,825,768
68.228,369
3,852,791
4,104,602
67,419,805
136.901,538
63,368,358
3.0HO.192
9,330,503
38.450,887
118.62 .054
48.9H0.72t
7,125.022
6,008,917
233,748.867
255,034,428
278,079,891
219,091,604
of—
Oora
.
119.7H8.9>-6
.
Oati...
Barter.
Bye....
"
Total grain...
sale.
Dress goods in somewhat better
for staple lines; fancies generally neglected. No
change in cotton flannels or blankets.
Cloakings are slow of
demand
riour
Receiptt
1897
—
Domestic Cotton Goods. The exports of cotton goods
from this port for the week ending Aug. 20 were 2,240
packages, valued at f 118,777, their destination being to the
Oorn,
bush.
Wheat.
1.527,019
321.704
90,747
....•
80,828
450,012
87,040
468,849
161.0*1
51,989
242.400
3,902
337.999
462,250
621.983
Boston
Portland, Me.
Philadelphia..
Baltimore
New
Orleani..
Norfolk
Montreal
Galverton
Pensaoola
Flour,
bbls.
55,464
83.6H0
4.292
54,810
23,941
6.607
Oats.
hush62,878
Rye,
bush.
24,031
Peat,
bush.
665
Barley
bush.
36.115
98.306
17,028
26.201
5.548
meek and since
to—
Aug.
18.
bbls.
United Kingdom 121,103
Continent.
B.
&
C.
America.
West Indies
34.696
19,621
12,623
Br.N. Am. Colo's
Other countries
Total
Total 1898-99....
945
881
«
Aug.
1,1899.
bolt.
9,863,940
2,243.962
1,06»,0«0
1,352.092
184,896
18. 1, 1899.
bush.
bush.
1.398,079 53,431,364
297.399 31,361,369
2,400
22,080
372
898.fr 25
189.782 15.012 295
319.891 16,916.705
Aug. 18
1, 1899.
bush.
bush
1.267,848 86,120.480
1,990,0? 8 98,356.96 s
661
337.047
11,882 1,141,979
15,411
522,054
659,761
1,823,030
1,697,878 85,374.956 3,285.725 188,301.658
1.494,836 126,466,459 5,263,681 177,700.455
The visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, Aug. 18, 1900, was as follows:
Wheat,
In store at—
New York
Do
bush.
2.667.i><*
70,003
783.00V
420,000
1,665,000
650,000
1,911,000
807,000
18.000
2,666,000
afloat
Boston
Philadelphia
Baltimore
New Orleans
Galveston
Montreal
Toronto
Buffalo
Do
Do
Detroit
Do
afloat
969.000
afloat
Oati,
bush,
664,000
446,000
23H.OO0
432,000
Rye,
bin*.
129,000
249,000
30,000
6,000
496,006
474,000
3.000
228,000
688.66b
sioiob'o
24,000
74,000
Barley
but*.
9.001
'28,boV
2,000
....
218,000
128,000
28,000
55,000
1,000
11,185,000
863,000
2,073,000
347,000
16,000
901,000
52,666'
162,000
5,0c
10,00<
afloat
OWoago
afloat
Milwaukee
Do
hush.
1,104.000
60,000
402.000
497,000
1,124,000
500,000
....
Toledo
Do
Oorn,
afloat
rt.Wlll'm4Pt. Arthur 1,274,000
Dttluth
Do
Do
7,372,000
376,000
48,000
34,000
9,601.000
3,685,000
'48,666
138,000
31*8,006
10.000
72,000
7.000
I,e83.000
12.000
244.666
3.000
76,000
'
a"i,'66'o
<j
'
61,001
afloat
Minneapolis
8t Louis
13,000
afloat
Kansas City
Peoria
Indianapolis
586.000
On Mississippi River
On Lakes
On eanal and river.
. .
1,271.000
8,000
l,786.'6bo
560,000
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
2,240
240,293
14
572
7
74
....
Central America
.
—
Sevt. 1
16
Great Britain
Other European
China
Sonth America
Other Countries. ....
'"700
35,958
41.663
343.228
41,059
Total week 1,697.878 3.285,725 189,782
17,492
299.366
16.103
Same time '99.. 1.494.836 6.266.681 819,291 1,281,424
The destination of these exports for the week and since
September 1, 1899, is as below:
•—
Oorn.
r—
Wht at.
-Tiour.Week Since S*»'.
Week Since Sept. Week Since Sept,
Mxportsfor
.
Week. Since Jan.
Mexico
461
9.967
nnn
627,000
22,000
9,000
2,000
ieo.obb
14,000
17,000
fotal Aug. 18, 1900* 49.761,000
9,102,000
889,000
7,024,000
681 000
Total Aug. 11, 1900* 48 21»,000
360 000
11,* 51,000
621.000
5,857,000
Total Aug. 1». 1899+ 36,078 000
406,000
7,883,000
4 039 000
623 000
Total Aug. 20, 1898+ fi,r60,000
245,000
16,123.000
2,910,000
401000
Total Aug. 21. 1897+ 16.729.000
21,936.000
812,000
8,006.000
1,675.000
'Includes stocks In private elevators at Milwaukee.
+ Stocks In private elevators at Milwaukee not Included.
Note— Beginning July 1. 1899, the New York Produce Exchange has changed
Its Visible Supply statement by including stocks at New Orleans, Galveston,
Ft. William and Pt. Arthur (previously omitted) and leaving out Albany
Oswego and Cincinnati, formerly Included.
THE DRY GOODS TRADE.
New
York, Friday, P. M., August 24, 1900.
There has been little in the primary market during the
past week in the way of new developments. The day- to-day
demand has shown some improvement, but not of material
extent or such as to indicate that buyers are any more disposed than before to purchase except to meet pressing requirements. This persistent conservatism of the jobbing
trade is in view of the reports of a good distribution of seasonable merchandise from second hands fair evidence that
the stocks held throughout the country were at the beginning
of the season considerably larger than generally suspected.
The business in progress is sufficient, even on its present basis,
to prevent any serious accumulation of stocks, but these are
gradually growing in the aggregate. In face of the continued strength of raw material it is not likely, however,
that manufacturers will continue to pile up goods, and the
probability is that curtailment of production in both cotton
and woolen goods divisions will be a prominent feature of
the situation in the near future.
Woolen Goods.— Prices of new light-weight woolens and
worsteds for men's wear are still unsettled in both staples
and fancies, with some further reductions reported this week.
Most of the gain over last spring season has now been lost
and present indications point to sellers being unable to retain what now remains, unless in exceptional instances.
Buyers are steadily holding aloof from the purchase of goods
in any quantity, the orders coming
forward rarely being for
better than sample- piece lots. As a whole
the spring situation is decidedly disappointing and
there are no encouraging
indications in sight. Re- orders for heavy-weights have been
moderate.
Satinets are generally well sold.
Business in
spring overcoatings has been quiet and prices irregular.
1899.
to Aug. 20.
Africa
West Indies
1,490
:
1900.
New York
India
Arabia
"9,192
17,664
80.000
20.000
below
points specified in the tables
The exports from the several seaboard ports for the week
ending Aug. 18, 1900, are shown in the annexed statement:
Mxtorf from— bush,
176.860
M§w York
407
Total.
1,
Week.
Since Jan.
17
13
1,395
6,183
42
502
69
45
653
65
172,275
1,656
31,110
10,850
20,538
2,852
7,022
31,060
5,511
7,589
284,945
1.
676
The value of the New York exports for the year to date has
been $10,367,158 in 1900, against |10,238,150 In 1899.
There has been no better demand for heavy brown cottons
than of late on either home or export account, and sellers
are weak upon stocks in hand, prices ruling very irregular.
There is no disposition to press forward contracts for sale,
owing to the strength of the market for raw material. Curtailment of production on a considerable scale is probable in
both brown sheetings and drills. The business in ducks
and brown osnaburgs is also without improvement. Bleached
cottons are in moderate demand at steady price3 for all except the finest grades, which are very slow sellers. The
market on wide sheetings is dull, but prices are unchanged.
Cotton flannels and blankets featureless. There is no firmer
tone than before in denims, but more business is doing at
current prices. Other coarse colored cottons inactive and
Cotton linings dull throughout and barely steady.
easy.
Fancy prints continue irregular and dull, but the demand
for staple lines shows a gradual improvement at steady
Business in ginghams quiet, prices steady. Print
cloths are steady at Fall River at 2%c. for regulars, without
business. Business done outside at 2J^c. less one per cent.
Odd goods quiet and steady.
prices.
Foreign Dry Goods.— Moderate demand for good grades of
staple dress goods at previous prices. Silks and ribbons quiet
and irregular. Some low prices are quoted on piece-dyed
woolens and worsteds for men's wear.
Linens in quiet
request; prices unchanged. Burlaps firm with quiet demand.
Importations and Warehouse Withdrawals of Dry Goods
The importations and warehouse withdrawals of dry goods
at this port for the week ending Aug. 23, 1900, and since
January 1, 1900, and for the corresponding periods of last
year are as follows:
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— ——
—
———————
:
—
THE CHRONICLE.
40 5
[Vol. LXXI,
Bond Calls and Redemptions.
Birmingham, Ala. Bond Call. — George Eustis,
State add City Bepawment.
City
payment Oct. 1, 1900, at the Hanover National Bank, New York City, $30,000 8$ "Fourth
has a population of Series Sanitary Bonds," issued April 1, 1885, and maturing
Treasurer, has called for
News
Items.
Buffalo, N. T.— Population.—This city
852,219, according to the official count. This is a gain of 20 years after the date of their issuance, but subject to call
96,555, or 37-77$, over the aggregate (255,664) for 1890.
after 10 years.
Chicago, 111.—Population.— The official figures of the popThe City Treasurer has also called for payment July 1,
ulation of the city of Chicago were announced last Monday.
against
as
1901, at the above-mentioned bank, $20,000 7$ 15-30-year (opThe population for 1900 is placed at 1,698,575,
1,099,850 for 1890. These figures show an increase of 598,725, tional) school bonds, issued July 1, 1885.
or 54*44$.
Interest will cease on the above dates.
Cincinnati, Ohio.— Population.— The official figures of the
The official notice of these bond calls will be found among
population of the city of Cincinnati, as given out recently,
The
agfor
1890.
those
over
the
advertisements elsewhere in this Department.
show a gain of 28,994, or 9-77£,
1890.
for
296,908
against
as
is
325,902,
1900
for
gregate
Columbus, Ohio.—Bond Call No. 25. Under date of Aug.
Cleveland, Ohio.—Population.— Cleveland has a popula- 16 the trustees of the Sinking Fund called for payment Sept.
tion of 381,768, again of 120,415, or 46-07^, over the aggre- 1, 1900, various street-improvement bonds, aggregating $78,gate (261,353) reported for 1890.
500.
list of the bonds so called may be obtained from
Columbus, Ohio.—Population.—The Census returns give Martin A. Gemunder, Secretary to the trustees.
the city of Columbus a gain of 37,410, or 42-44£. The aggreFulton County, Ind. Bonds Redeemed. —The County Comgate reported is 125,560 for 1900 and 88,150 for 1890.
missioners have redeemed, it is stated, $32,000 5$ court-house
District of Columbia.—Population —The official Census bonds, in anticipation of their maturity fifteen years hence.
figures gives the District of Columbia a population of 278,718,
as against 230,392 in 1890. This is a gain of 48,326 over the
aggregate for 1890, or 20 98#.
Negotiations this
Hoboken, N. J.—Population.— Hoboken has a population
of 59,364, a gain of 15,716, or 360l#, over the aggregate for week have been as follows :
—
A
Bond Proposals and
which was
1890,
43,648.
Jersey City, N. J.— Population.— According to the United
States Census, the pocmlation of Jersey City is 206,433, as
against 163,003 for 1890. This is a gain of 43,480, or 26-64$.
Louisville, Ky.—Population.— The Census figures give the
city of Louisville quite a substantial gain in population. The
aggregate for 1900 is placed at 204,731, while in 1890 the total
was 161,129. This is an addition of 43,602, or 27-06$.
Milwaukee, Wis.— Population.— The city of Milwaukee
has a population of 2-45,315, according to the official count.
The aggregate for 1890 was 204,468—the gain, therefore,
being 80,C47, or 39-54$.
Minneapolis, Minn.— Population.—The official Census
places the population of Minneapolis at 202,718, a gain of
37,980, or 23-05$, over the aggregate for 1890— namely, 164,738.
New York Citj.— Population.—The population of Greater
New York, according to the Census returns, has jmt been
announced. The figures show that 3,437,202 persons make
up the population of the city. These figures are 200,000
short of the estimates of the Health Department of New
York City. On account of territorial changes, it is not possible to make exact comparisons with the figures for 1890.
The population of the old city of New York, comprising
Manhattan Borough and a portion (not the whole) of the
present Bronx district, was for 1890 reported 1,515,301. Mr.
James L. Wells, President of the North Side Board of Trade,
has prepared the following comparisons between 1900 and
1890 on the basis of the same territory in the tuo periods
Boroughs.
Manhattan
Bronx
Brooklyn
Queens
Richmond
Total
Population
1890.
1,441,216
88,085
838,547
87,050
51,693
Population
Per Gent
1900.
1,850,093
Increase.
200,507
1,166,582
152,999
67,021
29-02
127-70
39-12
75-76
29-65
2,506,591
3,437,202
37-12
—
Population. The population of Omaha
shows a loss of 37,897, or 26 98$. The figures for 1900 are
102,555 and those for 1890 were 140,452.
Philadelphia.—Population.— The official count of the
Twelfth Census relating to the city of Philadelphia gives the
population at 1,293,697, as against 1,046,964 in 1890. This is
a gain of 246,733, or 23-57$.
Providence, B. I. Population.— This city has gained 43,451, or 32*88$, in population since 1890, the total just announced being 175,597, while the aggregate in 1890 was
Omaha, Neb.
132,146.
Red Bud,
111.
Bond Litigation.— Suit has been brought
in the Circuit Court to restrain the City Council from issuing $7,500 electric-light-plant bonds voted at an election held
last April. The majority in favor of the bonds, it is stated,
was
10.
Paul, Minn. Population.— According to the United
States Census the population for the city of St. Paul is 163,632,
as against 133,156 for 18d0. This shows a gain of 30,476 in
the population of the city, being equal to 22-89$.
Toledo, Ohio.— Population.— The official count of the population of the City of Toledo shows a gain of 50,338, or 61-88$,
over the total for 1890. The figures for 1900 are 131,822,
while those for 1890 were 81,434.
Virginia Deferred Certificates. Progress in Securing DeThe committee, of which John Crosby Brown, of
posits.
Brown Bros. & Co., is Chairman, which has in hand the setSt.
—
tling of the West Virginia debt, is making good progress in
securing deposits of Virginia deferred certificates. The certificates are widely scattered, and it is difficult to reach those
who have not already deposited their holdings. Many holders do not know of the necessity for an early deposit to secure the benefits of the recent action of the Virginia Legislature. See Chronicle issue of June 16, page 1202, for the
facts regarding the matter as given to the New York Stock
Exchange in connection with the listing on the Exchange of
.brown Bros.
Co. receipt certificates.
&
Allegheny (Pa.), First
—Local papers report the
bonds to C. R. Williams
from
Ward
School District— Bond Sale.
sale of $50,000 %%% 25-year school
Co., Pittsburg. Bonds are free
&
tax.
Avoca, Minn.— Bond Sale.— On August 11 the $4,500 6$
water- works bonds were awarded to Kane
Co., Minneapolis, at 10166.
Following are the bids :
Kane & Co., Minneapolis
?4,675 00 Trowbridge & Niver Co., Chic. $1,590 00
First Nat. Bank
*4,630 00
&
*
This bid,
it is
stated,
was received too
late to be considered.
For description of bonds see Chronicle July 28, p. 198.
Balaton, Lyon County, Minn.— Bond Sale.—Oa August 14
the $3,000 5$ 20-year water- works bonds were awarded to
&
Nye
Co., Minneapolis, at 100-83. For description of bonds see Chronicle July 28, p. 198.
are advised by the
Billerica, Mass. Bond Offering.
Town Treasurer that he will consider any offer made for
the $1,500 4$ school-house loan mentioned in the Chronicle
August 11. This loan will be made in the form of one bond
and will be dated Sept. 1, 1900. Principal will mature Sept.
Stoddard,
—We
1,
1903.
Miss.— Bond Sale.—The $17,000 5$ bridge bonds
mentioned in the Chronicle August 18 have been sold to a
Chicago firm.
Birmingham, Ala. Bond Sale. Arrangements have been
made with Steiner Bros., Birmingham, to take an issue of
$50,000 5$ 30-year bonds made for the purpose of refunding
the $30,000 8$ sanitary and $20,000 7$ school bonds, which,
as stated in another column, have been called for payment.
Agreement has also been entered into with the same firm by
which they are to endeavor to sell for the city $50,000 5$
15 year school-building bonds and $150,000 5$ 15-year cityhall and jail bonds.
Bond Hill, Hamilton County, Ohio. Bond Offering.
Proposals will be received until 12 M September 17, by A. J.
Kiphart, Village Clerk, for the following bonds
Biloxi,
—
—
,
:
$1,328 20 Garfield Avenue improvement bonds, in denomination of $132 82.
549 60 Myrtle Avenue improvement bonds, in den jminatlon of $54 95.
585 20 Oakland Avenue improvement bonds, in denomination of $58 52.
The above amounts may be reduced if any assessments
made on abutting property be paid in cash. All the above
bonds are dated Sept. 17, 1900. Interest will be at the rate
of 6$, payable annually at the Third National Bank, CincinPrincipal will mature one bond of each series on Septnati.
ember 17 from 1901 to 1910, inclusive. Accrued interest to
be paid by purchaser.
Boulder, Colo. Bond Sale. This city has sold to the
Boulder National Bank and the National State Bank of
Boulder $30,000 4$ 10 15-year (optional) bonds. One-half of
this is&ue is taken by each of the above banks. Securities are
in denomination of $500, dated July 2, 1900.
Braddock, Pa. Bonds Voted. At the election held August
14 it was voted to issue $84,000 bonds.
Brookline, Mass. Temporary Loan. This oity has borrowed from the Eliot National Bank, Boston, $100,000 in an-
—
—
—
ticipation of the collection of taxes at 3-20$ discount.
Loan
matures Nov. 5, 1900.
Canton (Town), Conn.— Notes Authorized,— We are advised by J. H. Bidwell, Treasurer (P. O. Collinsville), that
the town has authorized the issuance of $5,00J 20-year notes
to take up a like amount of securities maturing Nov. 1, 1900.
The Treasurer will sell these notes at the lowest rate of interest obtainable, which interest will be payable semi-annually.
Canton
(S.
Dak.) School District.— Bond Offering.— Pro-
posals will be received until September 1 by Geo. L. Hubbard, Clerk of the Board of Education, for the $3,000 5$ 6-10year (serial) school-house bonds voted at the election held
July 81. Securities are in denomination of $1,000, dated
Sept. 1, 1900. Interest will be payable in Canton.
Cape Elizabeth, Me. Bond Sale.— This town has sold an
Barrett, Portland, at
issue of $4,000 4* bonds to Swan
&
101-44.
——
August
——
—
—
THE CHKONICLE.
25, 1900.]
Carthage, Ohio.— Bond Offering.— Proposals will be received tintil 12 M., September 21, by Lewis Hall, Village
Clerk, for $6,390 70 street- improvement bonds. Securities
are in denomination of $630, except one bond, which will be
Interest will be payable
for $720 70, dated Sept. 21, 19C0.
annually at the German National Bank, Cincinnati. Accrued
interest is to be paid by purchaser.
Celina, Ohio.— Bond Offering.— Proposals will be received
until 12 M., Sept. 19, by Ralph G. LeBlond, Village Clerk, for
Securities are In denomination
$25,000 4% light- plant bonds.
of $1,000, dated June 12, 1900. Interest will be payable
semi annually. Principal will mature $5,000 in 1915 and
Proposals will
$2,000 yearly from 1916 to 1925, inclusive.
also be received for $25,000 4% highway- improvement bonds.
These latter bonds are also in denomination of $1,000, but are
dated July 20, 1900. Interest will be payable semi-annually
and the principal will mature $5,0C0 yearly from 1916 to
Securities are issued under authority of
1920, inclusive.
sections 27f 9 and 2835, Revised Statutes of Ohio. Acciued
interest will be added to the price offered by the successful
certified check for $200 must accompany propobidder.
sals, which must be made separately for each issue.
A
D. Everitt
&
409
&
Co. and Thompson, Tenney
Crawford,
New
York
City, at their joint bid of 116-08— an interest basis of
about 3*276£. Following are the bids ;
Dominick & Dominick, N. Y... $230,770
John D. Everitt & Co..
Thompson. Tenney & N.Y.. 1332,160 W. J. Hayes & Sons. Cleve
229,477
Crawford
W. R. Todd & Co., New Yorls.. 229,000
231,170 Lamprecht Bros. Co., Cleve.. 218,160
E. D. Shepard ACo.,N. r
For description of bonds see Chronicle August 18, p. 357.
Eveleth, Minn.— Bond Offering. Proposals will be received until 8 p. M., August 27, by Jacob Stein, Village Resewer and $10,000
corder, for $10,000
water bonds. Securities are in denomination of $500.
Principal will mature
$2,500 of each issue in the years 1905, 1910, 1915 and 1920.
Findlay, Ohio.—Bond Sale.— On Aug. 16 the $6,000 4%
street improvement bonds were awarded to the Croghan Bank
of Fremont at 101-25. For description of bonds see Chronj
;
.
—
H
H
icle July 28, p. 199.
Findlay (Ohio) School District.— Bond Sale.—On Aug. 17
the $25,000 %%% high-school bonds were awarded to the Croghan Bank of Fremont at 100*34 an interest basis of about
—
3*45$.
304.
For description of bonds see Chronicle Aug.
11, p.
Qallipolis, Ohio. Bond Sale.—It is reported that an issue
Chambersburg, Pa.— Interest Rate.—The $25,000 bonds of $34,0(0 street-improvement bonds has been awarded to
which we stated last week had been sold to the National The Lamprecht Bros. Co., Cleveland, at 106 02. " The Ohio
Bank of Chambersburg will carry interest at the rate of %%%, State Journal" (Columbus) states that a temporary injunction
Cleveland, Ohio.— Bond Offering. Proposals will be re
has been granted to prevent the sale of these bonds.
ceived until 12 M., September 20, by the Board of Park ComGalveston, Texas.— Bids.— Following are the bids received
missioners, care of Chas. P. Salen, City Auditor, for $500,000 on August 15 for the $300,000 5% 20-40-year (optional) sewer
4% park bonds, maturing one-half May 1, 1935, and one-half bonds offered for sale on that day
May 1, 1937. Securities will be coupon bonds, in denomina- N. W. Harris & Co.. Chicago.$3 18,000 00 P. S. Brlggs & Co.. Cincln... .$310,750 00
—
:
tion of $1,000, dated May 1, 1900. Interest will be payable
semi-annually, both principal and interest beiDg payable at
the American Exchange National Bank, New York City.
certified check drawn on a national bank for 5% of the
amount of bonds bid for, payable to the " City Treasurer of
Cleveland," must accompany bids. Proposals must be made
on blanks furnished by the Board of Park Commissioners.
These bonds were offered for sale on July 16, but all bids
received at that time were rejected.
A
Coleman, Texas— Bonds Approved.— The Attorney- Genapproved an issue of $12,000 refunding water- works
eral has
bonds.
Cuyahoga County, Ohio.— Temporary Loan,— This county
has borrowed from the American Exchange National Bank,
Cleveland, the sum of $30,000. Loan will bear 5% interest,
payable semi-annually. Principal will mature Sept. 1, 1901.
Dawson, Pa. Bond Sale.— On Aug. 15 an issue of $2,800
4% 15-year water bonds were sold to Frank H. Rosboro,
Uniontown, at 1 03'57.
Dayton, Ohio. Bond Sale. The sinking fund has taken an
issue of $5,500 4% Board of Health bonds as an investment.
These bonds are dated Oct. 1, 1900, and will mature yearly on
Oct. 1, $1,500 in 1901 and $2,000 in each of the years 1902 and
—
1903.
.
W. R. Todd & Co., Cinctn.
Denison. Prior & Co., Cleve.
W. J. Hayes & Sons, Cleve..
Seasongood & Mayer, Cin...
.
.
310,700
309,375
306,350
306,800
0O
00
00
00
These bids were all rejected and the bonds were sold the
day following to Feder, Holzman & Co., Cincinnati, at (as
stated last week) 107.
Glouceeter City, N. J. Bonds Being Issued. We are advised by the City Treasurer that, per resolution of the City
Council, he is selling to citizens of Gloucester the $18,000 4%
20-year coupon sewer-improvement bonds mentioned in the
Chronicle June 2. The price being paid for these bonds is
101, and subscriptions are now being received on this basis.
Granby(Town), Oswego County, N. Y. Bond Offering.
Proposals will be received until 2 p. m., Sept. 6, 1900, by
Grove H. Dutton, Supervisor (P. O. Fulton), for $39,000 4%
bonds issued for the purpose of building a bridge across the
Oswego River between the towns of Granby and Volney. Securities are in denomination of $1,000, dated July 1, 1900. Interest will be payable annually on July 1 at the United States
Mortgage & Trust Co New York City. Principal will mature
yearly on July 1, $1,000 in 1903 and $2,000 from 1904 to 1922,
inclusive. These bonds will be certified as to genuineness
by the United States Mortgage & Trust Co. and their legality has been approved by J. H. Caldwell, Esq., New York
City, and by Messrs. Mead & Stranahan of Fulton. Accrued
Bidders must
interest must be paid by the purchaser.
use printed form of proposal, which may be obtained from
the Supervisor, and a certified check for $1,000, payable to
the Supervisor, will be required with each bid. The town
has no indebtedness at present, and the assessed valuation
is $1,741,765.
See bond efferirg by town of Volney else-
—
—
,
,
Decatnr County, Ind.— Bond Sale.—The $56,800 4% Washington Township gravel- road bonds, originally offered for
sale on July 28, were awarded on Aug. 14 to local banks at
100*26.
Bonds mature part etch six months from 1901 to
1920, inclusive.
Delaware County, Ohio.— Bond Offering.—The Board of
County Commissioners will sell at 1 p. m, Sept. 6, $9,350 5%
Franklin Street ditch bonds. Securities are in denomination
of $467 50, dated Sept. 1, 1900. Interest will be payable
semi- annually, and the prircipal will mature one bond each
six months from Mar. 1, 1901, to Sept. 1, 1910, inclusive. Said
bonds are issued under the authority of sections 4480, 4481
and 4482, Revised Statutes of Ohio. Accrued interest is to
be paid by the purchaser.
Dodge County, Neb.— Bond Sale.—The County Board on
August
an issue of $70,000 10-20-year (optional) refunding bonds to the State of Nebraska at par for a %%%
bond. Other bids received were as follows
15 sold
:
For 4% Bonds.
Harris & Co., Chicago. 171,169 00
W.
W. J. Hayes &
N.
Holzman & Co., On.. 317,600 00
Spitzer & Co., Toledo
316.640 00
R. Kleybolte & Co.. Cincin.. 314,250 00
Farson, Leach & Co., N. Y. 312,000 00
Lamprecht Bros. Co., Cleve. 311,860 00
Feder,
Sons, CJeve...
.
70,930 00
For i\0, Bonds.
Trowbridge &NiverCo..Chic.$7'U00 00
Lamprecht Bros.
Co., Cleve.. 70,052 00
& Co.. Chic... 7.i,8<>6 00
For 5% Bonds.
Mason, Lewis & Co., Chicago. 70,805 00 W. J. Hayes & Sons, Cleve... 76,719 00
Trowbridge &Niver Co., Chic. 70 i51 00 Lamprecht Bros. Co.. Cleve. 72,800 00
For 4]4% Bonds.
First Nat. Bank, Barnesville. 70,601 00
Spitzer & Co., Toledo
70,127 00
Securities are in denomination of $1,000, dated Sept. 1,
1900.
Interest will be payable semi annually.
Farsou, Leach
.
Dunkirk, N. Y.—Bond Ofering.— Proposals will be received until 6 p. m., August 28, by Alfred J. Lunt, Treasurer
of the Board of Water Commissioners, for $124,000 3% water
bonds. Securities are issued under authority of Chapter 105,
Laws of 1900. They are dated Sept. 1, 1900. Interest will
be payable semi-annually and the principal will mature
$6,200 yearly on September 1 from 1901 to 1920, inclusive.
certified check (unconditional) for 2% of the amount of the
bonds bid for, payable to Alfred J. Lunt, Treasurer, must
A
accompany proposals.
Hfst Pittsburg, Pa.—Bond Election.— An election will be
held September 11 to vote on the question of issuing §55,000
bonds for public improvements.
E'kliart County, Ind.— Temporary Loan.— We are advised
that this county nas borrowed
$2,754 temporarily.
fcng'ewood, N. J.-Bond Sale.— The $65,0C0
30-year
,
where.
Bond Sale.— On August 18 the
1-10-year (eeiial) bonds were awarded to the
Atlas National Bank, Cincinnati, at 102*90—an interest basis
of about 2 922g. Following are the bids
Atlas Nat. Bank, Cincinnati.. $77,175 00 W. J. Hayes & Sons, Cleve... $75,757 00
Hamilton County, Ohio.
$75,000
%%%
:
R. Kleybolte & Co., Cincin.... 76.312 60
Feder, Holzman & Co., Cin... 76,143 00
For description
German
76,397 50
Cin.... 75,337 to
Nat. Bank, Cincin.
Seasongood
&
Mayer,
. .
bonds see Chronicle July 28, p. 200.
will be received until 12 M.,
September 8, by the County Commissioners, Geo. C. Zimmerman, Clerk, for $10,000 4% " Union Levee Bonds." Securities are in denomination of $500, dated Sept. 12. 1900.
Interest will be payable semi-annually at the office of the
County Treasurer, and the principal will mature Sept. 12,
1920.
A certified check for $1C0, payable to the County
Treasurer, will be required witn each bid.
Harris County, Tex.
Bond Election Postponed.— The
County Commissioners have postponed the day upon which
the question of issuing $600,000 road and bridge bonds was to
have been voted upon from Aug. 25 to the general election in
November.
Bond
Offering.
of
— Proposals
—
Sale— On August 18 the $50,000
Co., Boston, at
to Estabrook
accrued interest— an interest basis of about 3-167#.
Haverhill, Mass.— Bond
4% bonds
&
were awarded
10689 and
Following are the bids
Estabrook & Co.. Boston
:
106-89
Perry. Coffin & Burr, Boston.... 106-77
Jose, Parker & Co., Boston
106-752
R. L. Day & Co.. Boston
1066)9
Adams & Co.. Boston
...106 59
E. H. Rollins & Sons, Boston... 106-515
-
&
106-42
Co., Boston
& Co.. Boston. ..106-3<7
89
Vermilye & Co.. Boston
Co., Boston. 106/27
Blodget. Merritt
Blake Bros.
Oenison, Prior
&
^'S
Hayes & Sons. Cleve
J^'?6
N. W.Harris & Co., New Vork... 106-15
1910.
For further description of
W.
J.
Bonds mature April 1,
same see Chronicle Aug. 18, p. 357.
Highland (Kan.) School District.— Bond Sale— On Aug.
20 the §4,000 5% 1 8-year (serial) gold school-house bonds were
scrum bonds, originally awarded on May 15 to W. J. Hayes awarded to
the Commissioners of the State School Fund at
& bons, Cleveland, but afterwards refused by that firm have par. Securities
are in denomination of $500, dated Aug. 21,
been re-awarded to Stanley L. Smith
at 100-77. For descrip- 1900.
tion of bonds see Chronicle
April 28.
Homer, Mich.— Bonds Voted.— The election held August
e
Connt y' N i-—Bond Sale.-Oa August 22 the $200,- 13 to vote on the issuance of $10,000 water bonds carried by
™n?
uuu 4% ^
40-year gold court- house bonds were awarded to John a vote of 234 to 43. Securities will be in denomination of
3^
-
:
——
—
——
—
— —
THE CHRONICLE.
410
[Vol. LXXI.
$1,000 and will mature in ten years. Interest will be at the
rate of 4%, payable annually. Bids for these bonds will be
opened about October 1, the exact date to be determined
hereafter.
Jackson, Mich. Bids. Following are the bids received
August 20 for the $25,000 river-improvement and $25,000
Board of County Commissioners, for $30,000 5% ditch bonds.
Seven bonds will be in denomination of $3,000 and one bond
for $9,000, all dated Oct. 1, 1900. Interest will be payable
annually on Dec. 1, and the principal will mature $3,000
yearly on Dec. 1, from 1902 to 1908, inclusive, and $9,000 Dec.
1, 1909.
A certified check for 5% of the par value of the
water bonds
bonds, payable to the County Treasurer, mu9t accompany
proposals. Purchaser will be required to furnish blank
bonds free of charge to the county, and must also pay ac-
—
For'Z\i% Bonds.
Trowbridge & Ni ver Co.. Chic.t50.760 00
W.J. Hayes & Sons. Cleve... 60,527 00
Jackson City Bank
50,100 00
Union Bank of Jackson
60,000 00
For 365% Bonds.
Lamprecht Bros. Co.. Cleve.
For i% Bonds.
Union Bank of Jackson
60.125 00 Cnas. H. Coffin. Chicago
Brlggs & Co., Cincinnati. 50,000 00
For i%% Bonds.
For 1% Bonds.
Jackson City Bank
Denison, Prior & Co.. Cleve.. 53.531 00
P.
00
00
60
00
00
60,76100
$53,000
Merchants' L. & Tr. Co.. Chic. 62.375
Mason, Lewis & Co.. Chicago. 52,187
Beasongood & Mayer, Cincin. 52,126
Feder. Holzman & Co., Cin... 51,835
.
8.
56,000 00
The bids were referred to a committee on ways and means.
For description of bonds see Chronicle Aug. 18, p. 857.
Juniata (Pa.) School District. Bond Sale. We are advised by J. L. B. Miller, Secretary, that an issue of $8,500 5%
15-30-year (optional) school bonds has been awarded to Chas.
Vownickle, Hollidaysburg, at 106.
Kenton. Hardin County, Ohio. Bond Offering. Proposals
will be received until 12 m., September 10, by John P. Dugan,
City Clerk, for $19,000 4% paving bonds. Securities are in
denomination of $1,000, dated August 30, 1900. Interest will
be payable semi-annually on April 1 and October 1 at the
office of the City Treasurer.
Principal will mature $1,000
each six months from April 1, 1901, to April 1, 1910, inclusive.
Either cash or a certified check for $500 on some bank in
—
—
Kenton must accompany proposals.
Kings County (P. 0. Seattle, Wash.) School District No.
1.—Bond Sale.—On Aug. 20 the $200,000 1%% 20-year bonds
were awarded to N. W. Harris & Co., Chicago, at 105-35
an interest basis of about 4* 10%%. For full description of
bonds see Chronicle Aug. 4. p. 252.
Lima, Ohio. Sale of Bonds Postponed.— We are advised
that the date until which bids will be received for the $2,250
Z%% Buckeye and Cherry Alley paving bonds has been extended to September 3 from August 20, the original date. A
full description of these bonds will be found in the Chronicle August 12, on page 305.
Mapleton, Blue Earth County, Minn.—Bond Offering.—
Proposalr will be received until 8 P M., August 31, by C. J.
Laurisch, Village Recorder, for $6,000 5% water- works bonds.
Securities are dated July 16 and will mature yearly on Jaly
16, $500 in 1901 and 1907 and $1,000 from 1902 to 1906, inclusive.
certified check for $100 will be required.
Massachusetts. Bond Offering.— Proposals will be received until 12 M., Aug. 29, 1900, by Edward S. Bradford,
State Treasurer, for $325,000 Z% gold bonds, maturing July 1,
1940, and $400,000 %% gold bonds, maturing April 1, 1930.
Securities will be registered bonds of $1,000 or multiples
thereof. Interest will be payable semi-annually at the office
of the State Treasurer.
certified check for 2% of bid must
A
A
accompany
crued interest.
E. J. Herringer
is
County Auditor.
Oklahoma
City, Okla.— Bond Offering.— Proposals will be
received until September 10 for the $100,000 water, $20,000
sewer and $30,000 city-building bonds voted at the election
held J uly 24, 1900. Interest on these bonds (not exceeding
Principal will ma5%) will be payable in New York City.
ture in thirty years.
Otsego (Town), Otsego County, N. Y.— Bond Offering.—
Proposals will be received until 10 A. m. to-day (August 25)
by Harvey K. Murdock, Cooperstown, for $47,000 Z%% refunding bonds. Securities are in denominations of $1,500
and $2,000, dated Sept. 1, 1900. Interest will be payable
semi-annually at the First National Bank, Cooperstown.
Principal will mature one bond yearly on September 1, $1,500
from 1901 to 1926, inclusive, and $2,000 from 1927 to 1930, inclusive.
certified check for 5% of the amount of the bonds
bid for, payable to the Railroad Commissioners, must accompany proposals.
A
Port Arthur (Texas) Independent School District.— Bids
—
—We
Rejected Bond Offering.
are advised that the bids (four
in number) received on August 15 for the $15,000 6% 10 20year (optional) school-house bonds were rejected, as they
did not comply with the advertisement. The board has instructed the Secretary, A. M. Rutan, to negotiate for the
sale of these bonds with the bidders and with other bond
houses with a view of making a sale as soon as a satisfactory
description of the bonds will
agreement could be reached.
be found in the Chronicle July 14, p. 99.
Portsmouth, Va. Bond Offering.— Proposals will be received until 6 p. m., Sept. 4, by L. P. Slater, City Clerk, for
$13,500 4# 30-year paving redemption bonds. Securities are
in denomination of $500, dated June 1, 1900.
Interest will
be payable June 1 and Dec. 1. These bonds are exempt from
city taxes. Accrued interest must be paid by purchaser.
Prairie Depot, Wood County, Ohio. Bonds Voted. At
the election held August 20 the issuance of $15,000 waterworks bonds was authorized by a vote of 186 to 11. Full details of these bonds have not yet been fixed.
Providence, B. I. Temporary Loan. The City Treasurer
has borrowed $145,000 from the Eliot National Bank, Boston,
at 3% and a premium of $25. Following bids were received:
A
—
—
Eliot National Bank, Boston.... *3 00;{
8 187sC
3 25%
Bond & Goodwin, Boston
,
An investor, of Providence
F. S.
Moseley
&
Co.,
Boston
3-23*
3"50£
Dunscomb & Jennison, N. Y
National City Bank, New York.. 3 75$6
-
-
-
proposals.
And $25 premium
Midland, Mich.— Bond Election.— An election will be held
Loan
was made in anticipation of the collection of taxes
27 to vote on the question of issuing $4,690 bonds.
Millersbnrg, Holmes County, Ohio.—Bond Offering.— and will mature Oct. 16, 1900.
Pueblo, Colo.—Bond Offering.— Proposals will be received
Proposals will be received until August 27 by Robert H.
Hanna, Village Clerk, for $4,000 5% paving bonds. Securi- until 3:30 P. M., August 29, by Oscar Q. McNeill, City Clerk,
10-15 year (optional) " Public Park Improveties are in denomination of $100, dated August 15, 1900.
In- for $8,000 5%
terest will be payable semi-annually. Principal will mature ment District No. 3" bonds. Securities are in denomination
$400 yearly on August 15 from 1902 to 1911, inclusive. A of $500. A certified check for $500 must accompany pro*
August
certified check, New York draft or cash, in the sum of $100
will be required with each bid.
Monroe, Ga.— Bond Offering.—Proposals will be received
until 12 m., Sept. 15, by G. A. Lewis, Chairman Finance Committee, for $10,000
school bonds. Securities are in denomination of $500, dated Oct. 1, 1900. Interest will be payable annually at Monroe or in New York City. Principal
will mature $5,000 Oct. 1, 1920, and $5,000 Oct. 1, 1930.
certified check for $250 payable to W. C. Wright, Treasurer,
will be required. The city has no bonded debt at present.
The assessed valuation is $620,000 and the population is estimated at 2,000.
Monroe, N.
Bond Offering.— Proposals will be received
until 12 m , August 27, by the Board of Aldermen, for $9,000
b% 5-20-year (optional) school bonds. Securities are in denomination of $600. Interest will be payable annually on January 1. S. B. Bundy is City Clerk.
Morrilton, Ark.—Bond Offering.— Proposals will be received until 8 P. M., Aug. 27, by the Board of Improvement,
B. F. Wilson, Chairman, for $32,000 5% gold water-works
bonds. Securities are in denomination of $500, dated July 1,
Interest will be payable semi-annually by Latham,
1900.
Alexander Co. New YorkCity. Principal will mature part
yearly on July 1 from from 1901 to 1919, inclusive.
certified
check for $500 will be required.
Nassau County, N. Y.— Bonds Authorized.—On August 13
the Board of Supervisors authorized the issuance of $65,000
%
A
C—
&
,
A
Z%% 30- year jail bonds.
Newton County, Mo.—Bond Sale.— We
are advised that
10 15-year (optional) building bonds, recently
registered, have been sold to R. V. Montague
Co., Kansas
City, at par. Securities are in denomination of $500, dated
July 2, 1900. Interest will be payable at the National Bank
of Commerce, Kansas City.
Newtown (Borough), Pa.— Temporary Loan.— This borough has borrowed $500 temporarily from the Newtown National Bank at 6# interest. Loan will probably be paid next
the $30,000
A.%
&
month.
Norman County (P. 0. Ada.), Minn.— Bond Offering.—
Proposals will be received until 2 p. m., Sept. 17, by the
posals.
Putnam County, Ind.—Bonds Re-awarded.— The $20,880
Floyd Township and $39,3i0 Washington Township £%$,
gravel-road bonds have been re awarded at par to J. V. Reed
& Co., Louisville, and J. L. Randel, Agent, Greencastle, respectively. These bonds were originally awarded to Campbell, Wild & Co., Indianapolis, on June 1, which firm, as
stated last week, subsequently refused to take the securities
on the ground that the sale was not sufficiently advertised.
Recovery (Village), Mercer County, Ohio.— Bond Sale.
On August 15 the $20,000 4% water and $L0,000 4* electriclight-plant bonds were awarded to the German National
Bank, Cincinnati, at 100'33—an interest basis of about 3-97#.
Following are the bids
German Nat. Bank Cincin,. .$30,100 00 Seasoneood & Mayer. Clncin.$30,030 30
W. K. Todd A Co.,Cincinnati. 30,075 00 W. J. Hayes & 8ons. Cleve-.. 30,030 0»
For description of bonds see Chronicle July 28, p. 202.
—
:
I
1
—
Rochelle, 111. Bond Sale. We are advised that the $11,000 5% 6 year bonds mentioned in the Chronicle Aug. 11 were
Trust Co., Rochelle,
sold on August 1 to the People's Loan
at 103-27.
Rochester, N. Y.— Temporary Loan. This city on August
18 negotiated loans aggregating $531,000 with Clarence S.
Lunt & Co., Rochester, at 4*10£ interest. Loan will mature
in from six to eight months.
Debenture Offering.— Proposals will be
Rossland, B.
received until 4 P. m., September 4, by Wm. McQueen, City
Clerk, for $10,000 water debentures, dated Sept. 1, 1899, and
$25,000 real estate and fire hall debentures, dated June 30,
Securities are in denomination of $500. Interest, at
1900.
the rate of h%, will be payable annually at the Bank of BritPrincipal will mature in 25
ish North America, Rossland.
years. Accrued interest must be paid by the purchaser. The
debenture debt of the city is at present $227,000. The assessed valuation is $2,274,900.
&
—
C—
St.
Helena School
District,
Napa County, Cal.— Bona
Offering.— Proposals will be received until 11 a.m., Sept. 17,
by Geo. F. Gardner, County Treasurer (P. O. Napa), for
$24,000 5% gold school bonds. Securities are in denomination
Interest will be payable semi-annually at the
of $1,200.
!
—
—
August
THE CHRONICLE.
25, 1900.]
Principal will mature $1,200
office of the County Treasurer.
yearly from 1901 to 1920 inclusive.
St. Mary's, Ont.— Debenture Sale.— This municipality has
sold an issue of $15,000 A% 20-year electric-light debentures
Savings Society of Kingston at a
to the Ontario Building
&
price said to be slightly above par.
Salt Lake City, Utah.— Bond Offering.— Proposals will be
received until 8 p. m., August 28, by the City Council, for
the $250,C00 water bonds voted at the election held July 16.
One hundred bonds are in denomination of $500 and two
hundred of $1,000 each, dated Sept. 1, 1900. Interest will be
at a rate not exceeding 4#, payable semi-annually, and the
certified check for
principal will mature in twenty years.
5<& of bid must accompany proposals.
R. C. Naylor is City
A
Sandusky, Ohio.— Bond Sale.— On August 22 the $6,000
street-paving bonds were awarded to Feder, Holzman
Co., Cincinnati, at 101/766. Following are the bids :
Fed er. Holzman
P. S. Briggs
&
& Co..
Cln
$6,108 00
6.076 00
Co., Cincin
H
&
W. J. Hayes & Sons, Cleve
$6,068 00
& Mayer, Cincin.. 6,032 00
I
Seasongood
|
of bonds see Chronicle Aug. 18, p. 358.
Schuylkill Haven (Pa.) School District.— Bond Issue.—
The School Board of this district has issued $6,500 Z%% bonds.
Scranton, Pa. Bond Sale. On August 16 the following
bids were received for $135,000 bonds
For description
—
:
R.
For SWl Bonds.
Co.. Boston
For 3}4% Bonds' ( Cont.)
102586 Graham. Kerr & Co., PhiH
101-17
L.Day A
N. W. Harris & Co., New York.. 102-41
Scranton Savings Bank
100*76
Farson. Leach & Co-^New York. 102*27
W. R. Todd & Co., New York... 100*00
Newburger Bros. & Henderson,
For 4% Bonds.
102-22
Philadelphia
106'50
F. P. Christian, Scranton
102-17
W. J. Hayes 4 Sons, Cleve
N. W. Harris & Co.. New York..U6-29
102'015 Denison, Prior & Co., Cleve
106-07
Lampreeht Bros. Co.. Cleve
101-407 W. R. Todd & Co.. New Fork... 104-00
R. Kleybolte & Co.. Cincin
&
R. L. Day
Co., Boston, received the award. Securities
are in denomination of $1,000, dated June 1, 1900. Principal
will mature $45,000 on June 1 of each of the years 1905, 1910
and 1915. Bonds are free from all taxes.
Sheraden School District, Allegheny County, Pa.— Bond
Sale.— On Aug. 10 the $40,000 4$ school bonds were awarded
to James Carouthers & Co., Pittsburg, at 105 # 51 an interest
basis of about 3*60g. Following are the bids:
—
Jas. Carouthers & Co., Pitts.. $42,204 00
R. Klevbolte* Co., Cincin... 41,40150
W. R. Todd & Co.. Cincin
41,20000
Lampreeht Bros. Co.. Cleve.
Farson, Leach & Co., N. Y
Denison, Prior
& Co..
For description of bonds see Chronicle Aug.
NEW
$40,418 69
40.312 50
Cleve.. 40,260 00
11, p. 306.
&
&
Sept.
1,
1918.
Springfield (Ohio) School District— No Bonds Sold ReOne of the papers last week reported the sale of
cently.
$20,000 5% school bonds of this district to a local bank at a
premium of $2,625. In reply to our inquiries we are advised
that the district has not sold any bonds since last March,
when $10,000 were placed. We presume that the sale refers to
Urban School District (a full report of which we gave in the
Chronicle on Aug. 11) and not to Springfield.
Spring Green, Wis. Bonds Defeated. At an election held
recently the question of issuing $9,000 electric- light- plant
bonds was voted upon and defeated by a vote of 45 to 67.
Thorntown (Ind.) School District. Bond Sale.— Local papers report the sale of $2,500 4# 10- year refunding bonds to
W. J. Hayes Sons, Cleveland.
Volney (Town), Oswego County, N. Y.— Bond Offering.
Proposals will be received until 2 p. m., Sept. 6, 1900, by
John W. Distin, Supervisor (P. O. Fulton), for $39,000 i%
bonds, issued for the purpose of building a bridge across the
Oswego River between the towns of Granby and Volney. Securities are in denomination of $1,000, dated July 1, 1900. Interest will be payable annually on July 1 at the United States
Mortgage & Trust Co., New York City. Principal will mature
yearly on July 1, $1,000 in 1903 and $2,000 from 1904 to 1922,
inclusive. These bonds will be certified as to genuineness
Trust Co., and Jtheir legalby the United States Mortgage
ity has been approved by J. H. Caldwell, Esq., New York
Stranahan of Fulton. Accrued
City, and by Messrs. Mead
—
—
&
&
INVESTMENTS.
Government and
Municipal Bonds
CITY OF BIRMINGHAM, ALABAMA
To Holders of Fourth
Bonds of the City
of
Sanitary
To
Birmingham,
Alabama.
holders of School Bonds of the City
of Birmingham, Ala.
Your attention
Birmingham, Ala., Aug. u,
is
1900.
called to the following resolu-
tion adopted by the
is
same
be paid on presentation
and surrender thereof
on the first day of October,
1600, at the Hanover
National Bank, New
York City, and that interest
from and after said
date
will
ceases.
GEORGE
EUSTI8,
City Treasurer.
APPRAISEMENTS MADE OR QUOTATIONS
FURNISHED FOa THE PURCHASE, SALE OR
EXCHANGE OF ABOVE SECURITIES.
LISTS ON APPLICATION.
31
NASSAU
called to the following resolu-
Board of Mayor and Aldermen
of Birmingham on August 10th, 1900, viz.:
"Be it resolved by the Mayor and Aldermen of
Birmingham, That the holders of '3CHOOL BONDS'
of the city of Birmingham, Alabama, ISSUED ON
THE FIRST DAY OF JULY, 1885, authorized by
an Act of the General Assembly of Alabama, entitled, 'An Act to authorize the Mayor and Aldermen of Birmingham to issue bonds of said city for
an amount not exceeding twenty thousand dollars,
be paid on presentation and surrender thereof
on the first day of July, 1901, at the Hanover
will
f torn
ST. (Bank of Commerce Bldg.)
FOR
WINGS BANKS and TRUST FUNDS
5*
BONDS A SPECIALTY.
New York
City,
YORK.
PHILA., -
.
James
N.
-
113 SO.
FOURTH
Brown &
8T.
Co.,
DEALERS IN
Investment Bonds and Stocks
UNLISTED SECURITIES.
MUNICIPAL BONDS.
Securities Netting from
S%
to 6#
ALWAYS ON HAND.
Send for our Investment
Circular.
DUKE M. FARSON,
.
,
t>
j
Banker,
Street,
»e
18:2 Dearborn
™*
HICA G()#
MUNICIPAL BONDS.
E. C.
121
City Treasurer.
1
HIGH-GRADE
and after said date ceases.
EUSTIS,
CO.,
NASSAU STREET.
-
Bankers, 62 Cedar Street,
and that interest
GEORGE
&
EDW. C. JONES
NKW
Municipal Bonds.
In pursuance of the foregoing resolution, notice is
hereby given the holders of said bonds that same
CO.,
Investment Securities
,
York."
National Bank,
W. HARRIS &
BANKERS,
tion adopted by the
Board of Mayor and Aldermen
of Birmingham on August 10th, 1900, viz.:
" Be it resolved by the Mayor and Aldermen
of
Birmingham, That the holders of 'FOURTH
SERIES. SANITARY BONDS,' of the City of Birmingham, Ala., ISSUED ON THE 1ST DAY OP
APRIL, 1885, authorized by an Act of the Genera)
Assembly of Alabama, entitled 'An Act to author- for the purpose of purchasing school lots in said city
ize the Mayor and Aldermen of Birmingham
to and of erection, adding to and improving school
negotiate a loan for drainage and for sanitary pur- buildings, and furnishing the same,' approved Febposes and to issue bonds for the payment of the ruary 17, 1885, said bonds being payable in thirty
same,' approved February 14th, 1885, said bonds years after date of their issuance, with the option
being payable twenty years after date of their issu- to the city to pay same after fifteen years from the
ance, with the option to tbe city to pay same
after date of their issuance, bearing interest at the rate
ten years from the date of their issuaace,
bearing of seven per cent per annum, interest payable aninterest at the rate of eight per cent
per annum, nually on the first day of July in each year at the
interest payable semi-annually on the
1st day of Hanover National Bank in the City of New York,
April and October in each year at the
Hanover are hereby notified that said bonds are herewith
National Bant in the City of New York, are hereby called for redemption and will be paid on the first
notified that said bonds are herewith called
for re- day of July, 1901, togetherj with interest to said
demption and will be paid on the 1st day of October. date, and that interest thereon shall cease from and
1800, together with interest to said date, and
that after said date.
interest hereon shall cease from and after
"Be it further resolved, That the Treasurer of
said date.
"Be it further resolved, Tbat the treasurer of the the City of Birmingham is hereby instructed to
City of Birmingham
make publication of the above resolution once a
is hereby Instructed to make
Publication of the above resolution
once a week for week for four consecutive weeks in some paper
four consecutive weeks
in some paper published in published in the City of Birmingham and some
the City of Birmingham
and some financial paper financial paper published in the City of New
published in the City of New
York."
In pursuance of the
foregoing resolution, notice
is hereby given
the holders of said bonds that
BOUGHT AND SOLD.
N.
NOTICE
Series
—
&
LOANS.
NOTICE
411
Springfield, Ohio.—Bond Offering.— Proposals will be received until 8 p.m., Sept. 4, by R. N. Lantz, City Clerk,
for $3,839 90 and $1,042 80.6£ 1-5 year (serial) Clifton Street improvement bonds. These amounts may be reduced if any assessments are paid in cash. Securities are dated Aug. 1 and
Sept. 1, 1900, respectively. Interest will be payable March
1 and September 1 at the office of the City Treasurer or at
Traders' National Bank, New York City.
the Importers'
Proposals will also be received until 8 p. m., September 18,
by R. N. Lantz, City Clerk, for $8,000 5% water bonds. Securities are in denomination of $1,000, dated Sept. 1, 1900.
Interest will be payable March 1 and September 1 at the
Traders*
office of the City Treasurer or at the Importers'
Principal will mature
National Bank, New York City.
BOND CALL.
Tour attention
—
STANWOOD
&,
CO.,
BANKERS,
Devonshire Street*
BOSTON.
—
THE CHRONICLE
412
must be paid by tbe purchaser. Bidders must use
of propo3al, which may be obtained from the
form
printed
Supervisor, and a certified check for $1,000, payable to the
Supervisor, will be required with each bid. The town has
at present a bonded debt of $156,000 and the assessed valuation is $2,938,615. See bond offering by town of Granby elseinterest
where.
Wake County, N.
T
This
C— Temporary Loan.—
«,,
•
has
county i.
i.
borrowed $9,500 for thirty days from a local bank.
Warm Springs School District, San Bernardino
Co., Cal.
—Bond Sale.- On August 10 the $3,500 H 1-5-year (serial) gold
bonds of this district were awarded to the Oakland Bank of
Savings at 104-20 and accrued interest. For description of
bonds see Chronicle Aug. 11, p. 307.
Waupaca County, Wis.— Bond Offering. -Proposals will
be received until 2 p. M., September 1, by L. F. Shoemaker,
County Clerk, for $13,500 A.% insane-asylum bonds. SecuriInter
ties are in denomination of $500, dated Sept. 1, 1900.
est will be payable annually and the principal will mature
$3,000 > early on September 1 from 1905 to 1908, inclusive,
and $1,500 Sept. 1, 1909. These bonds are part of an authorized issue of $10,000 and will represent the total indebtedness of the county. The assessed valuation in 1899 was
$6,514,745 and the population is estimated at 35,000.
Wanwatosa, Wis.— Bonds Voted.—At the election held
August 18 the proposition to issue $30,000 4% sewer bonds
carried by a vote of about two to one. The date of sale has
not yet been determined.
Waynesville, Ohio— Bond Sale.-Oa Aug. 18 the $22,000
water and $8,000 electric-light plant 4# 5 25 year (optional)
Co., Cincinnati, at
bonds were awarded to W. R. Todd
10033. For description of bonds see Chronicle Aug. 11,
&
Loan & Trust Co., Chicago. Principal will mature
one bond yearly on Sept. 5, from 1902 to 1915, inclusive. J.
Gr. Erdlitz is Town Attorney.
Whitman County (Wash.), School District No. 153.—
Bond Sale. On August 11 the County Treasurer sold two
bonds of this district, amounting together to $1,000, to the
First National Bank of Colfax at 100-70. Interest will be
payable annually at the office of the County Treasurer. The
principal will mature in five years, but one of the two bonds
chants'
—
H
subject to call after three years.
is
Woodstock, 111.— Bond Sale.—On August 10 $5,500 4%
water-works bonds were awarded to the State Bank of
Woodstock at 100 54. Securities are in denomination of
Interest will be payable semi- an$500, dated July 1, 1900.
nually and the principal will mature $2,500 on July 1, 1905,
and $3,C00 July 1, 1906.
Youngstown, Ohio. Bond Offering.— Proposals will be received until 2 p M., September 10, by Wm. I. Davies, City
Clerk, for the following b% bonds
-
:
$2,590 Pike Street paving bonds, maturing $518 yearly on October 1 from 1903
to 1S)06, inclusive.
740 Caldwell Street grading bonds, maturing $250 yearly on Oct. 1, 1902 and
1903. and $240 Oct, l, 19t>4.
225 Wallace Street grading bonds, maturing $125 on Oct. 1, 1901, and $100 on
Oct. 1,1902.
Securities are dated Sept. 17, 1900. Interest will be payable semi-annually at the office of the City Treasurer. Purchasers must be prepared to take the bonds not later than
Sept. 17, 1900, the money to be delivered at one of the city
banks or at the office of the City Treasurer.
certified
check for Z% of the amount of bonds bid for must accompany
proposals. Bids must be made separately for each issue.
A
STATE AND CITY DEBT CHANGES.
p. 307.
Wenatchee, Wash.— Bond Offering.— Proposals
will be re-
H
20-year water bonds
ceived until Sept. 11 for the $7,500
recently voted. Securities are in denomination of $500, dated
Sept. 15, 1900. Interest will be payable semi-annually in
—
Whitingj Ind Bond Offering.— Proposals will be received until 7 p. M., Sept. 5, 1900, for $24,000 5% school bonds.
Eight bonds are in denomination of $1,500 and six for $2,< 00,
Interest will be payable at the Merall dated Sept. 5, 1900.
[Vol. LXXI.
Berkeley, Va.— John Whetstone, Chairman Finance ComA town in Norfolk County.
When Due, Total debt Jan. 1, 1900. $1 10,000
LOANS—
Sinking fund
Improvement Bonds—
1,500
1926
Net debt Mar. 1, 1900.. 108,500
6s, J&D, $25,000
mittee.
Subject to call before maturity.
1927
6s, J&D, $25,000 ....
25,000
July 1.1928
6s. J&J,
1930
5s, M&S, 35,000
Int. payable at Norfolk Nat. Bk.
Tax valuation 1899
l,f>50,520
Real valuation (est.)... 5,000,000
Total tax (per $1,000) 1899.$1900
Population in 1890 was
3,899
Population in 1900 (est.)
6,000
INVESTMENTS.
ADAMS & COMPANY, LONDON AND PARIS
EXCHANGE,
BANKERS,
DEALERS IN
INVESTMENT BONDS.
Geo. D. Cook Company,
INVESTMENT SECURITIES.
Ld.,
Bankers and Exchange Agents.
HE4D OFFICE:
24 Throgmorton St., London, E.
238-240 La Salle Street,
CHICAGO.
C.
Members of Boston Stock^Exchange.
Business umlertaken in all Securities
quoted on the London and Continental
Exchanges.
No. 7 Congress and 31 State Streets,
CORRESPONDENCE RE TERMS
INVITED.
New York Office, 52
The Lamprecht
BOSTON.
Broadway.
Oo. a
Bros,
MUNICIPAL
AND OTHER HIGH-GRADE
E. H.
BANKERS.
Grade
SEND FOR
San Francl§co.
8
Bonds.
LISTS.
Choice Issues.
Street Railway and 6as Companies
LIHT ON APPLICATION.
Whann &
and
•
IN
RAILROAD
NEW
TROWBRIDGE
Bank Building, Chicago.
solicited.
Bank. Chicago.
[Members American Bankers'
Bldg.,
Ass'n.J
DEALERS IN
Commercial Paper, Mortgage Loans,
Local Stocks and Real Estate.
Act as agents for non-resident property owners and
T. B. POTTER,
MUNICIPAL and
c F. R.
BUN US,
CORPORATION DnKm
172 Washington Street,
YORK.
Co.,
& NIVER CO., A.R.Macfarlane&Co.
BANKERS AND BROKERS,
MUNICIPAL BONDS, DULUTH. MINN.
Bank
CHICAGO.
SECURITIES.
BROADWAY
National
Ktferenee. Firtt National,
First National
Co.,
&
Nuveen
fohn
Correspondence
60 Devonshire St.
DEALERS
MUNICI PAL BONDS.
1st
BONDS
MUNICIPAL
LAMPRECHT RROTHERS
CO.,
MUNICIPAL
RAILROAD
CORPORATION l-»^^ , ^ l^««
Charles
sold.
INVESTMENT BANKERS,
BOSTON,
Olonadnock Building.
market bought
All securities having a Cleveland
and
Exchange Place, Boston.
BANKERS
CHICAGO,
197 Superior Street.
«V
CO.,
Members New York and Chicago Stock Exchanges.
121 Euclid Avenue, Cleveland.
MASON, LEWIS &
-
EASTERN BRANCH:
New York City,
52 Broadway.
BOSTON.
19 Milk Street,
Denver.
Cleveland, Ohio,
DEALERS IN
Bonds for
High
Permanent Investment
71
BONDS.
ROLLINS & SONS, DENISON, PRIOR & CO.
CHICAGO,
•
•
•
LIST ON APPLICATION.
investors.
FULTON & CO.,
Municipal Bonds,
ILLS. 171
la salle street,
CHICAGO.
@FedFRASER